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Heard it here first! 30-50% usage of all of the world's silver
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<p>[QUOTE="Tinpot, post: 1587122, member: 35836"]Lol the bubble was 70% complete in 2005? So it started in around 2001 and was 70% complete after 4 years, yet has gone on another 7, even if the bull is over that would make it around 33% complete in 2005. Your lies don't even make sense........ (also if you go by the price in 2005, it was also nowhere near 70% complete, silver around $7 and gold around $400) </p><p><br /></p><p>70% complete :foot-mouth:</p><p><br /></p><p>Historical context of pricing? Silver was more highly valued in 1980, than it is now. If you take an inflation adjusted high you'd be looking at a silver price at a minimum of $150. Gold is much closer to its inflation adjusted high, but that is not all that worrisome given the amount of toxic assets out there and the fact that about 1% of the financial assets is in gold.</p><p><br /></p><p>Industries that use PM? Well obviously you didn't specify what you are even talking about, but either way, irrelevant! Silver does not need runaway industrial use to achieve a higher price.[/QUOTE]</p><p><br /></p>
[QUOTE="Tinpot, post: 1587122, member: 35836"]Lol the bubble was 70% complete in 2005? So it started in around 2001 and was 70% complete after 4 years, yet has gone on another 7, even if the bull is over that would make it around 33% complete in 2005. Your lies don't even make sense........ (also if you go by the price in 2005, it was also nowhere near 70% complete, silver around $7 and gold around $400) 70% complete :foot-mouth: Historical context of pricing? Silver was more highly valued in 1980, than it is now. If you take an inflation adjusted high you'd be looking at a silver price at a minimum of $150. Gold is much closer to its inflation adjusted high, but that is not all that worrisome given the amount of toxic assets out there and the fact that about 1% of the financial assets is in gold. Industries that use PM? Well obviously you didn't specify what you are even talking about, but either way, irrelevant! Silver does not need runaway industrial use to achieve a higher price.[/QUOTE]
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Heard it here first! 30-50% usage of all of the world's silver
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