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<p>[QUOTE=&quot;mnmvick, post: 1164014, member: 15626&quot;]I don&#039;t think that all goods and sevices can move at the same pace.&nbsp; Perhaps silver was lower than it should have been before this recent run up, or maybe we are witnessing an inconsistency between gold and silver only because silver is so much more cheaper than gold.&nbsp; I can&#039;t tell you how many times I have recommended a stock to a friend when it was above $50 a share only to hear &quot;it is too high - if they do a split, then I might buy some.&quot;&nbsp; I bought Chipotle last year at $90 and had a number of people tell me how dumb I was.&nbsp; &quot;Wait for a split&quot; - still waiting!</p><p>&nbsp;</p><p>I have a great book on gold (currently loaned out to a friend) but I wish I was re-reading it right now and taking notes on its contents.&nbsp; It broke down the destruction of many governments&#039; currencies over history, and what struck me most was that once a government watered down its intrinsic value and moved into a purely fiat currency, they couldn&#039;t help themselves from printing currency until inflation toppled them.</p><p>&nbsp;</p><p>Gold and Silver have held their value over the mellinia.&nbsp; But I also think that Platinum, Palladium and Rhodium are good alternative choices.</p><p>&nbsp;</p><p>You do have a good point on wages, though.&nbsp; I wish I could offer an arguement there one way or the other.&nbsp; They are not going up much, but the minimum wage was raised, which hurts smaller businesses.&nbsp; I guess what I am thinking is that for goods there are so many other factors at play - metals are so darn basic.</p><p>&nbsp;</p><p>Does anyone understand what happened in Zimbabwe a few years ago?&nbsp; I have not seen a story on them in years, but their infation was like a million percent a year.&nbsp; Did people negotiate wages with thier bosses each morning, or what?</p><p>&nbsp;</p><p>But I don&#039;t think that comparing Tulip Bulbs to Silver is valid.&nbsp; I mean, can&#039;t you start growing more bulbs?&nbsp; It is a plant, after all.&nbsp; Didn&#039;t that crash come partly because they actually ramped up the rate of tulip bulb reproduction near the end that were for sale?&nbsp; Surely if the number of ounces of silvec being miwed in the world doubled in the next 3 months, that would flood the market and bring the price down, but I have no idea what the total aunces of silver are in the world, or what the mining trend is - that would have to be factored in, I guess.</p><p>&nbsp;</p><p>I also heard that in the colonies in the US early on, merchants would hide barrels of spices to make those prices skyrocket short-term.&nbsp; Until the next ship arrived with 4 more barrels.</p><p>&nbsp;</p><p>Well, the bottom line is that we will see, for sure!&nbsp; Like I say, it is going to be fun to watch!&nbsp; I am curious to see if silver goes to $51 this coming week, or if it begins to retreat.&nbsp; *shrug*</p><p>&nbsp;</p><p>I will wager a dollar that we see $51 on 4/29/2011.&nbsp; But I hope it doesn&#039;t happen![/QUOTE]</p><p><br /></p>

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