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To: kiryandil

Silver isn’t really going up, the value of the dollar is going down.

When silver was 8 dollars, 1/2 oz bought you a nice lunch. Now with it at 46 a 1/2 oz buys you a nice lunch.


3 posted on 04/24/2011 11:41:07 AM PDT by stockpirate (Sarah, the time is NOW!. .....................Ech bin ein Paliner)
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To: stockpirate
 

46 Dollars for lunch?   Even in Baracki Inflatodollars...


6 posted on 04/24/2011 11:53:47 AM PDT by LomanBill (Animals! The DemocRats blew up the windmill with an Acorn!)
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To: stockpirate

Silver and Gold are going up in price in all currencies.

One way of looking at this is that it’s not just the dollar which is crumbling.

But also: Silver and Gold are rising in real buying power - not merely price - just as they have done twice before back in the 20th century. This isn’t unusual - it’s the standard action of supply/demand cycles.


16 posted on 04/24/2011 2:15:13 PM PDT by agere_contra (As often as I look upon the cross, so often will I forgive with all my heart.)
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