To: bolobaby
I think the thirty year high was in 1980, and it peaked at 51, if my memory is accurate.
To: Daveinyork
6 posted on
10/14/2010 9:59:56 AM PDT by
driftdiver
(I could eat it raw, but why do that when I have a fire.)
To: Daveinyork
That was an artifical spike that was not related to the “chitty” economy as much as the illegal silver play from the Hunt Brothers. If you read up on it a bit you’ll find out that they got a bit of press over the issue.
31 posted on
10/14/2010 10:23:34 AM PDT by
RavenATB
To: Daveinyork
49 posted on
10/14/2010 10:43:36 AM PDT by
RobRoy
(The US Today: Revelation 18:4)
To: Daveinyork
I think the thirty year high was in 1980, and it peaked at 51, if my memory is accurate. Yes, but that's a bit misleading. That was a short squeeze caused by the Hunt Brothers trying to corner the silver market, or at least the silver futures market. It was sort of like when Porsche stock went to $10,000 for one day.
This time it is slow sustained growth in price.
89 posted on
10/19/2010 10:48:58 PM PDT by
Jack Black
( Whatever is left of American patriotism is now identical with counter-revolution.)
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