Amazing how so many here see each dip as a burst bubble and each rise as the final race to $100.
But you can bet the bank on this: It will take an act of God to save the dollar. When the dollar hits the downhill slopes at high speed, where is the money going to go? Another paper currency?
Paper money is teetering nearly everywhere. There are no guaranteed safe havens for assets, but you have to make some choices if you truly believe the dollar is dying (as I do). What are you going to do?
If silver drops to $20 (it won’t), I will be on the phone to Kitco in minutes. We will be lucky if our dollars are worth 75% of their current value in 18 months.
Thanks for talking down the dollar. It *is* appreciated. I am still buying when it’s low.
Everything has a value. If an asset’s valuation is currently below what it is worth, then it’s an investment opportunity.
This thread is all sorts of pure awesome. Getting back into silver close to an all-time high *after* profittaking? Good way to lose your shirt.