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is silver a bargain at $40 ?
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<p>[QUOTE="-jeffB, post: 1248517, member: 27832"]Except in (say) 1979-1980, when gold went up, what, five- or sixfold, while the cost of living went up maybe 20% or so -- and then gold went back DOWN something like threefold, while the cost of living continued to soar? Silver's moves were even more extreme.</p><p><br /></p><p>Gold and silver have price excursions that are completely out of proportion to currency moves. We appear to be in the middle of one right now.[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 1248517, member: 27832"]Except in (say) 1979-1980, when gold went up, what, five- or sixfold, while the cost of living went up maybe 20% or so -- and then gold went back DOWN something like threefold, while the cost of living continued to soar? Silver's moves were even more extreme. Gold and silver have price excursions that are completely out of proportion to currency moves. We appear to be in the middle of one right now.[/QUOTE]
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is silver a bargain at $40 ?
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