Monday, April 4, 2011

The case of a bubble in Silver

Clearly you can see Silver is entering the bubble stage.

In modern times, silver made its all time high in 1980 at US$49.45 per troy ounce. At the way the US government and the Fed are dealing with the fiscal and monetary policies, it is not out of the question Silver will surpass the history.

My target on Silver is $50. Inflation adjusted price to $100/T.O.?


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