The REAL Silver High

[Silver Shield]

http://dont-tread-on.me/the-real-silver-high/

The REAL Silver High
By Silver Shield, on April 15th, 2011

There is much ballyhoo about recent rise in silver’s Nominal price, but the REAL high is far, far away. Silver is closing in on the Silver Thursday high of $48.70 set in 1980. The REAL high is still miles away, so don’t start worrying about reaching the top.

We all know that $48.70 in 2011 does not buy you anywhere near what it did in 1980. If we factor that record 1980 price in silver using the governments rigged inflation numbers, that would mean that the REAL inflation adjusted high of silver is $132.07. This means that we are still 68% below the REAL high in silver. If we use that same inflation calculator for gold, we would see that the REAL high for gold, is $2,305. This means we are still 38% below that record. (Notice how that all things being equal, you still have a much better opportunity investing in silver than you do in gold.)

I believe that the real, REAL high is actually much, much higher for many reasons. First, the government is lying to you about about the real rate of inflation.

Read more...
http://dont-tread-on.me/the-real-silver-high/

[Ponce]

I am with you on that........people really don't know the value of silver because they keep thinking of it as an industrial item and as you know big banks are now buying the future silver of mines ten year into the future......do you think that banks are thinking of using it for industrial purposes?..........not me.

[oldmansmith]

And that is if you believe the government's Bullshit inflation numbers. I don't. The next highs will blow those away.

[Silver Shield]

I am with you on that........people really don't know the value of silver because they keep thinking of it as an industrial item and as you know big banks are now buying the future silver of mines ten year into the future......do you think that banks are thinking of using it for industrial purposes?..........not me.


The Industrial component is growing in demand...

The Monetary component is just starting and its demand is infinite.

[osoab]

I remember seeing a picture ( I think posted on GIM) of a chalkboard with the days silver spot prices of a day back in the 1890's. That price was around $200. Does this picture ring any bells? I have no idea if it was a fake.

[Sparky]

Where does one buy this silver metal of which you speak? :D

[Shami-Amourae]

If we factor that record 1980 price in silver using the governments rigged inflation numbers, that would mean that the REAL inflation adjusted high of silver is $132.07.


This is the price if the current inflation numbers stay static from now to then. Don't you think it would really be around $160 or something with all the NEW inflation, once we get there? I'm just guesstimating my $160 value by the way.

[Neuro]

I think the real inflation adjusted 1980 highs of gold and silver, would be around 6-8000 for gold and 4-500 for silver, add another 20-30% per year real inflation for a couple of years, and the highs could be 10-15k for gold, and 600-1k for silver around 2013... After that it is likely we'll see hyperinflation, and food prices will likely climb much faster than gold and silver...

[Buddha]

I snorted a gram of .9999.

http://img831.imageshack.us/img831/2398/crazyface.png

[mick silver]

why would you guys buy all that metal when you could of bought stocks

[iOWNme]

Every dollar they print is a direct tax on your wages and savings.

Powerful statement, and 100000000000000000000% TRUTH.

Check your grammer here, i caught a small boo boo.


GREAT article!

[Walter Mitty]

I do not think anyone knows what the "real" price of Silver( or any other commodity )should actually be. There are to many artificial investment vehicles out there that skews the prices. Our whole valuation mechanisms are breaking down due to them and the creation of unlimited amounts of Fiat in a closed loop banking/economic system.

[Silver Shield]

I snorted a gram of .9999.

http://img831.imageshack.us/img831/2398/crazyface.png




Between your pic and avatar I got a double LOL!!

http://dont-tread-on.me/wp-content/uploads/2011/04/The-Real-Silver-High.png

[Buddha]

I snorted a gram of .9999.

http://img831.imageshack.us/img831/2398/crazyface.png




Between your pic and avatar I got a double LOL!!

http://dont-tread-on.me/wp-content/uploads/2011/04/The-Real-Silver-High.png


HAHAHA and that's exactly how I looked doing it!

[Horn]

You guys are gettin into it over here, :o

I'm gettin out. ;D