$140 silver prediction

Still...I always like to have ~10% "numismatic" PMs

...and I'm a PM bear (att).

 

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I'm holding what I have and won't buy much more. I've bought 2 of the silver mint sets every year since 1997, it would be hard to continue buying them at $1500 per set, but maybe I can trade a duplicate set for a few years if it gets that high.

 

Does anyone else think that if silver increased in price that dramatically in a relatively short amput of time that nobody would be willing to buy any. And everybody would be selling

 

No I think they'd be lining up to buy silver if the price got that crazy. You have to have fools to have a greater fool theory.

 

I remember when silver was $5 and we used 100oz bars as doorstops. This was about the same time the experts were saying that if you don't buy that $400,000 Florida condo you were going to be left in the dark. While I like PM's over the long term as a hedge against the current FIAT collapse, I don't think any of us really wwant to live in a world where you wake up one morning and silver is $140. Finding buyers for your silver will be the least of your problems.

 

I posted this in GD yesterday as
a joke. But if this is how "humanity"
acts chasing gizmos and gee-gaws,
how will they act after a currency
Collapse?

http://m.youtube.com/watch?ved=0CAsQqwQ&sa=X&v=MYb4ViTlBH0&ei=TOeYUsiYFuzesASYloDQAQ&desktop_uri=/watch?v=MYb4ViTlBH0&sa=X&ei=TOeYUsiYFuzesASYloDQAQ&ved=0CAsQqwQ#