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<p>[QUOTE="goldcollector, post: 3505322, member: 9088"]I am going to be honest with you.</p><p><br /></p><p>NO I don't think silver will ever get back to $50. At least not in the next 150 years which is really all we care about right ?</p><p><br /></p><p>Gold - maybe but very likely won't break $2000 to make its all time high never in our lives. Silver absolutely won't.</p><p><br /></p><p>Its a false narrative to hang onto previous highs and some kind measuring stick that the asset must return to.</p><p><br /></p><p>I think people really underestimate how much silver exists, how much new is being mined daily and really how little is truly lost to industry. I believe silvers true value is $6-$8 and its being propped up by tens of millions of speculators who still believe the to da moon malarkey that the silver industry has been promising since before any of us were born.[/QUOTE]</p><p><br /></p>
[QUOTE="goldcollector, post: 3505322, member: 9088"]I am going to be honest with you. NO I don't think silver will ever get back to $50. At least not in the next 150 years which is really all we care about right ? Gold - maybe but very likely won't break $2000 to make its all time high never in our lives. Silver absolutely won't. Its a false narrative to hang onto previous highs and some kind measuring stick that the asset must return to. I think people really underestimate how much silver exists, how much new is being mined daily and really how little is truly lost to industry. I believe silvers true value is $6-$8 and its being propped up by tens of millions of speculators who still believe the to da moon malarkey that the silver industry has been promising since before any of us were born.[/QUOTE]
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