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<p>[QUOTE=&quot;InfleXion, post: 1161910, member: 29012&quot;]Hypothetical of course - Assume we lose world reserve currency status in time for the Fed to avoid QE3 (I&#039;m hoping they&#039;ll only devalue the dollar for as long as they can export inflation), I&#039;d imagine a pullback from $60 to the mid 30&#039;s this summer followed by the usual late year bull propelled by delayed effects of inflation catching up from QE2 and continued low interest rates leading up to $75 before the new year selloff. Then interest rates are raised and $50 silver becomes the new low. This is my rosy scenario <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> Otherwise QE3+ happens, and the top is whenever the dollar defaults. Maybe $500 in mid 2012.[/QUOTE]</p><p><br /></p>

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