Posted on 08/18/2011 2:45:57 PM PDT by NormsRevenge
Heh. I was just lucky I bought some a few years back when it was about 1/6th what it is now. I think there was an article on here a while back about how Goldman-Sachs, the administration’s favorite banker, is betting gold will get up to $2500 (but I’d have to check on that number). So that’s still going up, and there’s a generally held proportion between the value of silver and gold, so I’d expect silver to also rise - at the very least to where it was close to $50 an ounce just a little while ago this year.
The trick is to periodically sell a fraction of it as its going up, then buy useful commodities that haven’t been inflated yet.
And since you will be converting it into commodities in your home, make sure some of them are good fire extinguishers. IF SHTF, YOU are your own fire department.
LOL! Only as it applies to a certain military rank insignia
No, up until recently I thought silver was something you gave as wedding and christening gifts ....
Alas, I have never been able to talk the beloved husband into buying any, so I am not trying to talk the grown young’s into it!
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