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<p>[QUOTE=&quot;Cloudsweeper99, post: 926323, member: 3011&quot;]I vividly remember the silver boom in 1980, but I was strictly a stock market investor back then.&nbsp; It started a lot like it is today.&nbsp; A few people started buying who wouldn&#039;t normally buy silver [or gold].&nbsp; People thought they were taking crazy risks.&nbsp; My aunt worked in a bank and told us about one man who put so many gold and silver coins into a safe deposit box that the ladies at the bank couldn&#039;t slide it out of the wall.&nbsp; It was too heavy.&nbsp; Later, more people jumped in.&nbsp; Eventually, there were lines outside of coinshops on the evening news with people trying to buy [and sell], and people at work started talking about it.&nbsp; This was about the time the price went parabolic.&nbsp; Then, the whole thing ended in what seemed like a week or two.&nbsp; I think there is a high probability that this will end [badly] in a bubble, but it&#039;s still early in the game.&nbsp; When silver starts rising $5 to $10 per week for several weeks in a row, you&#039;ll know the end is getting near.&nbsp; Several years ago I choose $20 as a maximum buy price based on my best estimate of what I thought the minimum future price would be.&nbsp; There is no way to know how good the estimate will turn out to be, and it comes with no guarantees.&nbsp; I just threw it out there to explain my way of thinking about silver prices.&nbsp; I don&#039;t plan to make any major purchases above $20 because the risk grows with the price.[/QUOTE]</p><p><br /></p>

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