The average price of silver in 2001 was $4.37/oz and 25 fold increase would result in silver rising to over $110/oz. While this price target may seem outlandish to some, it is worth remembering that silver’s record high in 1980 adjusted for inflation (according to US government inflation figures) was some $130/oz.
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Silver set to Soar as it did in the 1970’s
Wednesday, November 04, 2009 | Economic Crisis | 0 comments »
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