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What would it take for....

carscars Posts: 1,904
in Precious Metals
Gold/Silver to drop back to 2001 prices again? What would it take for silver to surpass its all time high back in 79/80?

Anything is possible but I "feel" its about as likely for 01 prices to return on PM's as it is on Gasoline. Think it could/will happen and if so what would be the cause?
Its all relative

Comments

  • WeissWeiss Posts: 9,941 ✭✭✭✭✭
    short read: articles 1-4
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
  • secondrepublicsecondrepublic Posts: 2,619 ✭✭✭
    massive deflation could do it....

    I don't see it happening, though.
    "Men who had never shown any ability to make or increase fortunes for themselves abounded in brilliant plans for creating and increasing wealth for the country at large." Fiat Money Inflation in France, Andrew Dickson White (1912)
  • CladiatorCladiator Posts: 18,050 ✭✭✭✭✭


    << <i>massive deflation could do it.... >>

    With the amount of greenbacks being printed now isn't massive inflation more likely?
  • NumbersUsacomNumbersUsacom Posts: 1,457 ✭
    An infectious case of greedy bubblitis. Works every time. Mass hyping along with a consistent rise, eclipsing in an orgy of fountainess courses of "its different this time".

    The bubbles rotate around, and Gold/Silver are prime for the times and some times to come. Look out Bear!
    NumbersUsa, FairUs, Alipac, CapsWeb, and TeamAmericaPac
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