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Old 12-02-2010, 13:35   #291
Catshooter
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Join Date: Aug 2000
Location: South East South Dakota
Posts: 1,358
Quote:
Originally Posted by certifiedfunds View Post
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.


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