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<p>[QUOTE=&quot;medoraman, post: 1721544, member: 26302&quot;]Sorry, but YOU said you didn&#039;t know what the fair value for silver should be, yet YOU SAID you &quot;knew&quot; it was undervalued. That is the point. HOW do you know its undervalued if you do not have a value in mind? &quot;Undervalued&quot; versus what? That is all that is being said, the only way to &quot;know&quot; something is undervalued is if its LESS than what your estimate of fair value. </p><p><br /></p><p>Its like if you go to the store and complain bread is too high. OK, what should it be? If you say you do not know how much it should be, then how can it be too high? Is $3 too much? Should it be $2.99 or $.19? For silver, what if its $40 an ounce. Is that undervalued? $80? $150? Without a value estimate, what good is blindly whining that the price is not correct?[/QUOTE]</p><p><br /></p>

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