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Message:: [QUOTE="WoodyWW, post: 1355492, member: 26001"]( I'm old enough to remember when the "Ford Maverick" came out in the late 1960's--the world's crummiest, most stripped down car even back then. It was $1995. (I don't really know how to translate that into silver prices--silver was maybe $3-4 then?--I just found it humorous to remember that.)  LostDutchman does make a thoughtful point tho. The main thing that bothers me about silver at $30+, or gold at $1600+, is that it's a "crowded trade".  Almost Everyone, & their brother, & their mailman, is freaked out after the financial crisis of '08-'09. People who never thought about it when G&S were much lower, now go around talking about "Fiat Currency", & "money printing", & debt, as if those haven't been going on in the US for decades. And using those concepts to rationalize thinking that PM will continue going up forever, & can't ever again crash like in 1980, let alone go into a L-T bear market like from 1980 thru roughly 2000. I just can't rationalize (for me) buying an investment that's already gone up what? 500% in the last 10 years--and one where most of the public, the press, virtually all you hear anywhere is saying to buy. Just my 2cents.....(& if I really could predict what would happen with PM, I'd be on my yacht off the coast of  France by now).....[/QUOTE]