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What are Realistic Silver and Gold Prices?
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<p>[QUOTE="crazyd, post: 7643755, member: 67221"]Outside of this board - I know of no coworkers, no neighbors, no family, no friends who have silver and gold. Most people I do know have modest 401K's and homes and are not planning any changes. With Silver and gold I think there are long time collectors and then there are the recent fanboy/conspiracy/apocalypse group getting all worked into a frenzy. There will be no sustained huge boom in Silver or Gold.</p><p><br /></p><p>On housing and the USA economy - I been seeing "housing bubble burst" and "economic collapse !" videos on social media for months (same folks saying silver $250). For my view point I think the USA could continue to see a great economic boom for the next year or two - we are just doing better than most places in the world = rising wages, places opening backup, low Covid numbers, possible infrastructure investments. Not to be political but the current administration is seen as more stable by the rest of the world now (inside the USA its divided but outside the USA its different). While we have been spending money like crazy - for the average person that money is being put back in to the economy. I think the USA will do better than most places and the value of the dollar will continue to rise against other currencies. At least for the next year or two.</p><p><br /></p><p>Just my WAG's as I have no background in economics or finance. I could be wrong.[/QUOTE]</p><p><br /></p>
[QUOTE="crazyd, post: 7643755, member: 67221"]Outside of this board - I know of no coworkers, no neighbors, no family, no friends who have silver and gold. Most people I do know have modest 401K's and homes and are not planning any changes. With Silver and gold I think there are long time collectors and then there are the recent fanboy/conspiracy/apocalypse group getting all worked into a frenzy. There will be no sustained huge boom in Silver or Gold. On housing and the USA economy - I been seeing "housing bubble burst" and "economic collapse !" videos on social media for months (same folks saying silver $250). For my view point I think the USA could continue to see a great economic boom for the next year or two - we are just doing better than most places in the world = rising wages, places opening backup, low Covid numbers, possible infrastructure investments. Not to be political but the current administration is seen as more stable by the rest of the world now (inside the USA its divided but outside the USA its different). While we have been spending money like crazy - for the average person that money is being put back in to the economy. I think the USA will do better than most places and the value of the dollar will continue to rise against other currencies. At least for the next year or two. Just my WAG's as I have no background in economics or finance. I could be wrong.[/QUOTE]
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