Message:

<p>[QUOTE=&quot;WingedLiberty, post: 1117142, member: 26030&quot;]I remember just 2 months ago a large hoard of people on this board saying silver was in a bubble and way overpriced at $27 and that it would soon crash back to $19 -- and a boatload of people saying they were selling their silver into these obviously overpriced prices.&nbsp; Since that &quot;bubble&quot; price of $27 was broached, it&#039;s up another 25% to nearly $35.&nbsp; </p><p><br /></p><p>With Bernanke completely ignoring all signs of inflation and the FED with their pedal to the metal with QE2 ... I think $50 silver in 2011 is likely.&nbsp; Did you guys know that the inflation adjusted price of silver back in 1980 was somewhere between $128 and $365 (in 2011 dollars) an ounce depending on how you measure inflation.&nbsp; </p><p><br /></p><p>So when you look at the price of silver in that context ... that silver is selling for 1/4 to 1/10th of the price (as measured in 2011 dollars) it was selling for at the peak in 1980 (and yes I realize the Hunt brothers were the reason silver soared that high in early 1980) silver looks cheap at $35.&nbsp; </p><p><b><br /></b></p><p><b>Silver Price Charts Adjusted by Inflation </b></p><p><br /></p><p>[ATTACH]112359.vB[/ATTACH]</p><p><br /></p><p>[ATTACH]112360.vB[/ATTACH][/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in