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<p>[QUOTE=&quot;-jeffB, post: 2017301, member: 27832&quot;]You&#039;re proposing that inflation is likely to &quot;remain&quot; at its &quot;current rate&quot; of &quot;1.2% a year&quot; (snicker)?</p><p><br /></p><p>Setting aside the issue of what contrived basket of prices is <i>actually</i> rising at so low a rate, I can&#039;t imagine <i>anyone</i> thinking that that rate is sustainable over the long term. Over the last 100 years, even including the Great Depression&#039;s two decades of net deflation, we&#039;ve averaged 3.22%; that would take today&#039;s $15.50 to $100 in a bit less than 60 years.</p><p><br /></p><p>Maybe &quot;silver does not increase with inflation&quot;. But maybe you can pick pairs of data points to make whichever argument you prefer. ($40 an ounce in 1980, $40 an ounce in 2011! No increase with inflation!)[/QUOTE]</p><p><br /></p>

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