“It is at $38 now. Silver is slowly but steadily going up, just like gold. Ignore it if you must.”
Up 12% in 12 years.
S&P 500 up over 300% in 12 years.
My ETN up over 500% in 12 years.
I retired in 2011 and have been taking 10% out of my IRA each year. It is now twice the dollars than in 2011.
That is up 60% in inflated dollars.
On March 10, 2000, the Nasdaq hit an all-time high of 5,048.62.
A month later, it lost 34.2% of its value.
By October 9th, 2002, it lost 78% of its value. It wouldn’t reach its previous all-time high again until April 2015.
Well Our debt level was 1/3 of what it is now 10 years ago.
I am not a silverbug, but I do have my assets spread around. I don’t believe we are going to see silver crater like the past because no one is manipulating it like the past.