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<p>[QUOTE="NOS, post: 1358805, member: 2098"]You've got people predicting silver in the near future ranging from the more realistic $6 an ounce to $140 to the absurb $1000 an ounce. These high predictions are based on rubbish in my opinion and come from those who have a stake in selling silver and want to start a buying frenzy for their silver products.</p><p><br /></p><p>Don't buy into "hyperinflation" hysteria with the United States. That is another scare tactic from those who are either highly misinformed or otherwise have a stake in selling commodities such as precious metals, etc. I remember about three years ago when Dick Morris was touting that there was going to be 17% inflation due to Obama and his stimulus package. Well inflation didn't get anywhere near that and all he did was have me worried that the cost of everything was going to quickly skyrocket. A good indicator of inflation will be when stores such as Dollar Tree and 99 Cent Only Stores either shutdown or break their business model and start selling their products for over a dollar. So far they continue to offer fantastic name-brand products for $1 or less with no signs of changing for the foreseeable future.[/QUOTE]</p><p><br /></p>
[QUOTE="NOS, post: 1358805, member: 2098"]You've got people predicting silver in the near future ranging from the more realistic $6 an ounce to $140 to the absurb $1000 an ounce. These high predictions are based on rubbish in my opinion and come from those who have a stake in selling silver and want to start a buying frenzy for their silver products. Don't buy into "hyperinflation" hysteria with the United States. That is another scare tactic from those who are either highly misinformed or otherwise have a stake in selling commodities such as precious metals, etc. I remember about three years ago when Dick Morris was touting that there was going to be 17% inflation due to Obama and his stimulus package. Well inflation didn't get anywhere near that and all he did was have me worried that the cost of everything was going to quickly skyrocket. A good indicator of inflation will be when stores such as Dollar Tree and 99 Cent Only Stores either shutdown or break their business model and start selling their products for over a dollar. So far they continue to offer fantastic name-brand products for $1 or less with no signs of changing for the foreseeable future.[/QUOTE]
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