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Do any think silver will go to $100/oz in the near future
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<p>[QUOTE="Juan Blanco, post: 1588124, member: 41665"]I think if the Dollar (or any currency) collapses, commodity prices can go haywire BUT THEN UP, not down (as price controls/band-aids eventually fail.) </p><p><br /></p><p>Commodities don't go <i>down</i> right before a Paper currency dies! On the contrary, there's (always?) a "moonshot." This link might be informative, fyi</p><p><a href="http://dollardaze.org/blog/?post_id=00107" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://dollardaze.org/blog/?post_id=00107" rel="nofollow">http://dollardaze.org/blog/?post_id=00107</a></p><p><br /></p><p>If you looked at timelines/examples from US history (the Continental, local State notes circa 1777; Confederate Dollars and the Confederate State/county/municipal notes and private currency circa 1862-1865; certain State/bank notes in other periods; etc.), <b>currency failure essentially is marked by the same parabolic price curve for commodities/real money, every time.</b></p><p><b><br /></b></p><p><b></b>Presume you'd see a nearly identical chart in all paper fiatscos, major or lesser, and no "it won't be different this time." IMO</p><p><br /></p><p>Here's an<i> erratic-but-same-conclusion </i>Gold chart for C$ 1861 -1865. (I'm not sure that inflation/Gold Price 'dip' is correct, though.)</p><p><br /></p><p>[ATTACH]220899.vB[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="Juan Blanco, post: 1588124, member: 41665"]I think if the Dollar (or any currency) collapses, commodity prices can go haywire BUT THEN UP, not down (as price controls/band-aids eventually fail.) Commodities don't go [I]down[/I] right before a Paper currency dies! On the contrary, there's (always?) a "moonshot." This link might be informative, fyi [URL]http://dollardaze.org/blog/?post_id=00107[/URL] If you looked at timelines/examples from US history (the Continental, local State notes circa 1777; Confederate Dollars and the Confederate State/county/municipal notes and private currency circa 1862-1865; certain State/bank notes in other periods; etc.), [B]currency failure essentially is marked by the same parabolic price curve for commodities/real money, every time. [/B]Presume you'd see a nearly identical chart in all paper fiatscos, major or lesser, and no "it won't be different this time." IMO Here's an[I] erratic-but-same-conclusion [/I]Gold chart for C$ 1861 -1865. (I'm not sure that inflation/Gold Price 'dip' is correct, though.) [ATTACH]220899.vB[/ATTACH][/QUOTE]
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Do any think silver will go to $100/oz in the near future
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