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<p>[QUOTE="bahabully, post: 937771, member: 17555"]Why silver hit 50 is unrelated to the point... the point is that silver was @2 when freely circulating and is now at 12-18, so if you hoarded it back in the 60's you may have looked silly,, now my guess is that anyone of us would glady accept a couple hundred pounds of it from a silly uncle who hoarded it back in the 60's......</p><p>Agree copper is not a precious metal (pm) and likely trends with non-pm commodities,,, I bet Pm's trend with non-pm commodites also...</p><p>pm's and non-pm will tend with inflation and with petrol and with labor rates.... anyone wanna guess where those prices will go in our lifetime ?</p><p>... again, $7 per lb will likely seem like a great "cheap" price in the near future..... let the market digest a few more Trillion dollar baking bailouts and see what happens....[/QUOTE]</p><p><br /></p>
[QUOTE="bahabully, post: 937771, member: 17555"]Why silver hit 50 is unrelated to the point... the point is that silver was @2 when freely circulating and is now at 12-18, so if you hoarded it back in the 60's you may have looked silly,, now my guess is that anyone of us would glady accept a couple hundred pounds of it from a silly uncle who hoarded it back in the 60's...... Agree copper is not a precious metal (pm) and likely trends with non-pm commodities,,, I bet Pm's trend with non-pm commodites also... pm's and non-pm will tend with inflation and with petrol and with labor rates.... anyone wanna guess where those prices will go in our lifetime ? ... again, $7 per lb will likely seem like a great "cheap" price in the near future..... let the market digest a few more Trillion dollar baking bailouts and see what happens....[/QUOTE]
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