Today Silver is $300/ounce Inflation Adjusted

Hello,

The ShadowStats inflation adjusted high for silver is over $300, but still short of $2,000 an ounce. Doesn't mean it can't go to $2,000 or $5000.

The last number I saw from John Willliams re silver was about $450 ounce to reach the inflation adjusted equivalent of 1980.

Read this:

"In 1900, there were approximately 12 billion ounces of silver in the world. Today, that figure has fallen to about 300 million ounces of above-ground, refined silver. This means that at current prices, it would only take about four billion dollars to purchase all of the above-ground silver in the world today."

http://www.monex.com/prods/silver.html

Reply to me:

You have clearly done quite a bit of research and you're dead on about China. Much of their GDP can be attributed to their government spending billions of dollars on infrastructure projects (small cities and large department stores) that have become ghost towns. Why? Because no-one can afford to live there and consequently there are no customers for the deaprtment stores. So that tells me that the Chinese economy is propped up by artificial spending so China's prosperity is merely an illusion and has arguably the biggest preoperty bubble of all time. And when it pops, you will see people on the streets and every economy that depends on China, ie. most, will suffer considerably as they will radically reduce construction projects that require all the resources that they've been buying up over the last few years.

As for where silver will go, well, $400/oz in a year or two may even be conservative. And that is coming from someone who is not being paid by anyone.

Well if there is a world crisis on the cards, which unfortunately seems inevitable, then you have to ask yourself whether PM's will drop in price like they have done so in the past. People often say history repeats itself but I don't necessarily agree. The reason is that in the current times, we are faced with a whole new set of circumstances and variables that didn't exist a few years ago. Ok, we are still living in a financially interconnected, globalised world with access to an unprecedented amount of information. But the world has also change considerably since 2007/2008. Three years later and people are more aware, more educated. People don't trust financial advisors like they once did. People are taking ownership over their financial wellbeing most probably because of the GFC. Like the saying goes 'once bitten, twice shy". And lets face it, many people git bitten recently harder than they've ever been before. So the question is, will people react the same as they did then or will they do something different this time around. Only time will tell I guess.

 

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Inflation Likely: Bullish For Gold And Silver

Nevertheless, it seems that the crisis in Europe have drawn attention away from what's happening in China. China is the 800 pound gorilla in the room that almost no one is talking about. China appears to be experiencing a typical Austrian economic boom-bust cycle, fueled by credit growth, and with the boom phase nearing its end. The degree of mal-investment is unprecedented, and it far exceeds the dislocation of capital that brought on the 2008 housing collapse. The most noticeable signs of mal-investments are newly built cities with almost no inhabitants and giant new malls with almost no tenants. However, the problem runs much deeper than unoccupied buildings. The root of the problem is that the banking industry is totally devoted to serving the State, and as a consequence, a lot of bank lending is done with complete disregard for economics.

http://seekingalpha.com/article/302602-inflation-likely-bullish-for-gold-and-silver

Credit tightening threatens China's 'giant Ponzi scheme'

http://www.telegraph.co.uk/finance/...ning-threatens-Chinas-giant-Ponzi-scheme.html

Bill Gross, Nouriel Roubini, Laurence Kotlikoff, Steve Keen, Michel Chossudovsky and the Wall Street Journal all say that the U.S. economy is a giant Ponzi scheme.

Virtually all independent economists and financial experts say that rampant fraud was largely responsible for the financial crisis.

http://www.globalresearch.ca/index.php?context=viewArticle&code=WAS20101214&articleId=22395

 

No need to start a new thread Ma'am. Just reply to your first one and it moves right back to the top.

 

I think the other thread was was closed...

 

Oh, I see that now. Thanks ctrl.

 

"Inflation Adjusted" to what, exactly? (Hint: we're looking for something like "1990 dollars".)

 

Just keep in mind that silver was very ovepriced in 1980, so any measurement from that peak price will only calculate another overvaluation, not current fair value.

 

Silvercoin, are you an AI hybrid? ;P It seems like a lot of your posts are reposts of other information. Personally I would prefer to see your own thoughts on the links, and leave the article content for those who would like to click on it. The human element seems to be lacking. No offense intended, just my opinion.

 

Silver is $35 today, not $300. Maybe $300 in 2050, but not today, tomorrow, or in the next year.

 

Real estate prices worldwide have increased 200 times since year 1980 but Silver was $50/ounce in 1980 and today silver is $35/ounce.

If you consider inflation then today Silver should be some $500/ounce.

 

Solar power has plunged in cost. With oil surging, I'd say its good news for silver demand/industrial silver demand.

http://www.gainesvillecoins.com/new...olar-Power-Demand-Key-Factor-for-Silver-.aspx

 

The one big problem I see in "adjusting" the value, and stating it's now at X number of dollars an ounce, is that we are living in the present and not the past. That's like saying that bread, now (present) at 2.99 a loaf, or even higher is the same as it being 15.00 a loaf in XXXX dollars, when in that year it was, say .50 cents per loaf. It just isn't the same. IMO adjusting things for inflation only will work if the item adjusted for inflation is quite able to be extrapolated on a continuing and consistent basis, and I don't see how silver, with the past it has, can be considered that, since it is up to whims and mercurial pricing.

Also, yes, if you want to post your thoughts on this, I certainly don't mind reading them, but posting lengthy snippets of other peoples thoughts is not the way to get people to think about what you are thinking. I certainly don't wish to read those through. As I said before, too many words, and disjointed ideas. Sorry.

 

This is sooooo wrong. The average price of silver in 1980 was $16.39 and in 1981 was $8.43. We all know what drove the price in 1980, so your logic is flawed. Adjusted for inflation, the 1980 average is $45.13 in today's dollars and the 1981 average is $21.04... nowhere near your ridiculous figures.

 

Why have real estate price worldwide increased 200 times since year 1980 when houses and property are the basic necessities for people?

Food, clothing and shelter are the basic necessities for people.

So Silver should also increase 200 times. That is $6000/ounce Silver today (Inflation adjusted).

There will be selling in expensive real estates worldwide and this money will be invested in many investment areas.

World real estates are worth some $400 Trillion or more.

 

Real estate prices are dropping like a rock tossed in water now.

 

Methinks the OP has an agenda... Something to sell or ?

 

Well, not where I live.. though I wish they had. I bought my house for $57,000 in 1980 and it is now appraised at $230,000; just a tad over 4 times. Your figures (and thinking) are flawed.

 

World real estates are worth some $400 Trillion or more.

There will be selling in expensive real estates worldwide and this money will be invested in many investment areas.

​

 

Change world financial markets forever and teach world leaders a lesson they will never forget.

 

Hmm. This works out to $67,000 for every man woman & child on the planet earth. Seems kinda hard to believe.