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<p>[QUOTE="GoldFinger1969, post: 26586845, member: 73489"]Historically, this is what silver has done, even though to be honest a 55 year history of free trading is not that big a data set.</p><p><br /></p><p>Silver exploded during the 1970's....tripled into the Hunt Squeeze in about 2 months....lost 80% in 2 months.....then did nothing for 2 decades and declined an additional 50-60%.......then went up 10-fold in a decade....then lost 80% over a decade....then went up 5-fold in 5 years coming out of 2020.</p><p><br /></p><p><b>During those times you had these once-in-a-lifetimes:</b> fixed-to-floating prices for the metals and currencies.....historic inflation.....the end of the Cold War.....the end of a 35-year bear market in bond prices....the end of mass silver photography....expanded industrial uses.....a pandemic collapse in prices....and recoveries along the way. </p><p><br /></p><p>By my count, you had 3 condensed periods of 10-fold returns for silver...only 2 for gold.[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 26586845, member: 73489"]Historically, this is what silver has done, even though to be honest a 55 year history of free trading is not that big a data set. Silver exploded during the 1970's....tripled into the Hunt Squeeze in about 2 months....lost 80% in 2 months.....then did nothing for 2 decades and declined an additional 50-60%.......then went up 10-fold in a decade....then lost 80% over a decade....then went up 5-fold in 5 years coming out of 2020. [B]During those times you had these once-in-a-lifetimes:[/B] fixed-to-floating prices for the metals and currencies.....historic inflation.....the end of the Cold War.....the end of a 35-year bear market in bond prices....the end of mass silver photography....expanded industrial uses.....a pandemic collapse in prices....and recoveries along the way. By my count, you had 3 condensed periods of 10-fold returns for silver...only 2 for gold.[/QUOTE]
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