April 19, 2006
cohodk
Posts: 19,188 ✭✭✭✭✭
Silver was at $14.56 (same as today) and so full of promise. US debt rose from $8.5 Trillion to $21 Trillion.
A lot has happened over the last 12 years. And a lot more will happen over the next 12. Will silver break $50?
Excuses are tools of the ignorant
Knowledge is the enemy of fear
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Will silver break $50?
Things like this will help it get there. . .
Just as it did in Venezuela. . .
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
This graph shows why you can't let socialists (AKA commies) become your politician.
From the above link:
"52.1% of US Kids Live in Households Getting Means-Tested Government Assistance."
The socialists have been in control for quite a while now.
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
What percentage of folks in Venezuela receive govt aid?
Knowledge is the enemy of fear
110%
The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong
Damn it! I opened this thread thinking it was from 2006.
..........I didn't realize silver was that high back then.
P.S. on GSR
April 19, 2006: 43
August 23, 2018: 82
Yes...accurate and useful information. I like it.
Knowledge is the enemy of fear
I remember selling 100 or so oz of silver for around 14 bucks back then that I had bought at 4 dollars some time around 1999. I though I cut a fat hog only to watch it climb to over 40 bucks a few years later.
I have some 4 dollar, 14 dollar, 35 dollar silver bullion. I would be ok with adding some 15 silver dollar bullion right now. Not back the truck up addition, I never do that, but I tend to add whenever the notion strikes despite the current spot price.
"Will silver break $50?"......The answer to your question is yes.... The tricky part is 'when?'....And the scary part is 'What will be the driving force?' If you listen to the PM hypsters on TV, silver is 'running out' and 'the best investment'...such a load of rubbish. However, it will go up in value at some point...when and how high is the question... answer that, and riches will flow your way.
Cheers, RickO