Will Silver ever purchase as much as today?

[sebring]

Sure Silver can go to $100 per oz, but gas will likely be $30 per gallon by then.. Is this the strongest Silver will be in relation to what it can buy in US dollars?

[southfork]

Actually silver has outperformed inflation in the last several years and will probably do so for the next 3, this is only the beginning of a multi year bull.

[Sindgefallen]

Actually silver has outperformed inflation in the last several years and will probably do so for the next 3, this is only the beginning of a multi year bull.

Likely if traded properly, silver could beat inflation and this the sum of the "winnings" would hold inflation if put into silver or gold on a serious correction or the bottom after the bull market, no?

[curmudgeonista]

Not sure if that was serious question or if sebring just popped in to subtly tell us to "SELL YOUR SILVER BEFORE IT"S TOO LATE. PRICES ARE TOO HIGH. TOO HIGH... and my boss says the firm has a lot of shorts to cover"

[AZ4L]

Eventually it'll be desirable to get into other assets. The stock market will crash again in the near future and the real estate bubble will totally pop. At that point, put some money into that stuff.

And I disagree that oil/gas will go up proportionately with silver and gold in the long run. Consumer interest in metals will end up driving it up more so than other commodities.

[Silver Sabre]

Sure Silver can go to $100 per oz, but gas will likely be $30 per gallon by then.. Is this the strongest Silver will be in relation to what it can buy in US dollars?

Absolutely it can. If it goes up another buck tomorrow it will have.

[Oz Waver]

Mike Maloney's why gold and silver is an excellent description that shows the absolute purchasing power of precious metals will be going through the roof.

500 oz for a family home. That's for starters.


http://www.youtube.com/watch?v=vAAIwef3dOg

There's a lot more but I think that Bix Weir saying $1000/oz or back in the past where silver was MORE expensive than gold. Perhaps there will come a time. Markets aren't rational, platinum is 30x rarer than gold and yet they are 'priced' relatively similarly.

Make no mistake in the event of a collapse like Weimar apparently a single silver coin bought a house and a gold one bought a block. History may not repeat but it sure does rhyme. Hence the historical significance of precious metals can never be underestimated.

Here's a video... though I disagree with the silver conclusion.


http://www.youtube.com/watch?v=r-o79vfBDJ4

[ccjoe]

Eventually it'll be desirable to get into other assets. The stock market will crash again in the near future and the real estate bubble will totally pop. At that point, put some money into that stuff.

And I disagree that oil/gas will go up proportionately with silver and gold in the long run. Consumer interest in metals will end up driving it up more so than other commodities.

Absolutely what I WILL do as I just mentioned to someone yesterday. AFTER the stock market and concomitant real estate collapse in the coming months, take the 100+ oz silver profits and go ALL IN to stocks and real estate at THAT POINT.