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<p>[QUOTE=&quot;medoraman, post: 1796737, member: 26302&quot;]Everyone has a strike price in their head. This price could be at where they believe pm is at fair value, or a certain amount below fair value.</p><p>&nbsp;</p><p>Myself, going back and looking at inflation and oil prices, I believe silver is fairly valued between $18-21. I simply believe this is the range that is supportable and equivalent profitability as it was back in the 20&#039;s and 60&#039;s. Do I necessarily wish to buy only at fair value? Not necessarily. However, I believe everyone should do their research and come up with what THEY believe the fair value would be, and then act on that knowledge.</p><p>&nbsp;</p><p>To me, the WORST strike price would be one based upon emotion. Yes, silver WAS in the thirties, and you might BELIEVE it will go back there. However, from those emotions to assume then that $25 or similar is a &quot;deal&quot; I believe is dangerous. The $25 value should have some kind of mathematical basis to it, and not just based upon the past.</p><p>&nbsp;</p><p>Like always, do your own homework, and never rely on those whose job it is to sell you pm. That is the equivalent of walking int o a Chevy dealership and suddenly coming to the conclusion that a new Silverado is way undervalued and you would be a fool to not buy it, right?[/QUOTE]</p><p><br /></p>

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