Silver?

Overrated

Will it ever hit $40.00? What do you guys think.

cone10

Yes

pitboss

Yes

Zubie

Yes!!!

When???

AgBlox

Many years from now maybe.

piecesofme

If it does, a gallon of gas will be $5, milk will be $8...do I need to go on? So at some point you have to ask yourself, do you really want it to get too carried away?

Overrated

Good points! What has a better chance to double in price? Gold or Silver.

jmski52

Both. Either.

However, keep in mind that you are merely taking dollars out of the stream of payments and putting them into suspended animation. 10 years later, the silver or gold is still the same, but the dollars you now see are only worth 10% of the ones you put away 10 years earlier.

By putting those original dollars into suspended animation, you have only preserved their value. You have not made any money, especially when you have to pay taxes on the bogus "gain" that didn't really occur.

Does that help?

1jester

<< <i>

Does that help? >>



No.

But I do believe it's better to have gold and silver suspended in time rather than hold paper.

PerryHall

Yes. With inflation everything will go up in cost or value year after year after year after..............

gecko109

<< <i>If it does, a gallon of gas will be $5, milk will be $8...do I need to go on? So at some point you have to ask yourself, do you really want it to get too carried away? >>





Simply false.


In 2008, a gallon of gas was $3.25, milk was $3, and silver was $10.

In 2011, a gallon of gas is $3.25, milk is still $3, and silver is now $27.



So even though silver has nearly tripled in price in the past 2 years, gas, milk, bread, eggs, housing costs, tuition, and almost every other expense has either stayed the same or gone down in price.

konsole

could be $40 later this year if anything major and global in scale happened. If not then 2013 :-)