ok -- I will pipe in and note that inflation since 1/21/80 has been about 2.3-2.5 times, depending on what index you use, so that $850 then = $1900-$2200 now -- so we are at or under 1/3 of the 1980 high!
Historically, also, the gold/silver ratio is about 15 to one. So even if gold just stays where it is, that would mean 40 dollar silver.
If gold were to go to the inflation adjusted numbers, that means silver in the 120-140 range.
But it's just numbers. It may be that by the time that happens, TP is worth even more!
....so that $850 then = $1900-$2200 now -- so we are at or under 1/3 of the 1980 high!.....
I'll see your $1,000 gold and raise double
Ha Ha Ha made my morning....... now I watch and hope you're right. Maybe I need to raise my sell stop.