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<p>[QUOTE="WoodyWW, post: 3997337, member: 26001"]I lived thru that crazy silver (& gold) spike back in the (late) 1970’s. I was doing great with it for awhile, having started accumulating lots of silver when I was a teenager in the mid & late '60s & then into the '70s. 90% silver from pocket change! Franklins, W.L. Halves, Merc. dimes, etc. Rolls & rolls & rolls of 'em. Also I stocked up on Canada 80% P-L sets & Dollars--I think the 80% silver P-L sets were going for $2(?).</p><p><br /></p><p>In the late 70's, instead of selling gold & silver, I got caught up in the mania & kept buying. It turned into like a gambling mania I think. I don't want to go into details, but it ended badly for me. In my defense, the inflation then & very high interest rates had a lot of people freaked out. Along with geo-political factors.</p><p><br /></p><p>BTW, I related some of that on threads here during the last silver spike around 2011. I was <i>always</i> told in <b>no uncertain terms </b>that the PM bubble in the late '70s had <b>nothing</b> to do with the silver spike in 2011-2012. <i>Totally</i> different; silver was not going to go down this time![/QUOTE]</p><p><br /></p>
[QUOTE="WoodyWW, post: 3997337, member: 26001"]I lived thru that crazy silver (& gold) spike back in the (late) 1970’s. I was doing great with it for awhile, having started accumulating lots of silver when I was a teenager in the mid & late '60s & then into the '70s. 90% silver from pocket change! Franklins, W.L. Halves, Merc. dimes, etc. Rolls & rolls & rolls of 'em. Also I stocked up on Canada 80% P-L sets & Dollars--I think the 80% silver P-L sets were going for $2(?). In the late 70's, instead of selling gold & silver, I got caught up in the mania & kept buying. It turned into like a gambling mania I think. I don't want to go into details, but it ended badly for me. In my defense, the inflation then & very high interest rates had a lot of people freaked out. Along with geo-political factors. BTW, I related some of that on threads here during the last silver spike around 2011. I was [I]always[/I] told in [B]no uncertain terms [/B]that the PM bubble in the late '70s had [B]nothing[/B] to do with the silver spike in 2011-2012. [I]Totally[/I] different; silver was not going to go down this time![/QUOTE]
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