Originally Posted by certifiedfunds
At $3000 Perhaps folks will look back on $1350 as cheap.
At three G's I'd say $1350 was cheap!
I know that internet wisdom says that PMs only go up and down with the value of the dollar, but I think that ignores the effect of demand.
I don't know if inflation is going to skyrocket or not but if gold & silver are going to become the new world's reserve currency I would thinkg that that alone would spike prices to unreal levels. That could mean $10,000 gold without any inflation effects.
I beleive we are living in interesting times.