Followers | 162 |
Posts | 7117 |
Boards Moderated | 0 |
Alias Born | 04/26/2010 |
Monday, October 25, 2021 10:34:14 AM
One thing that is probably correct is that if we are in a sustained inflationary period, SLV will skyrocket. Right now it is sitting there, thinking,....cogitating. But if past gold bulls, going back to the 1930s are correct, 1930, late 1970s, Years 2001 to 2008, and 2009 to 2012 (notice the increasing frequency in the face of this money printing)...anyway,
If the prior century of gold bulls are a correct guage, which really, is all we have, We can expect gold to go up 5 to 6X, and Silver to go up 10 to 11 times.
Projecting therefore, I project as follows:
Gold bottom was roughly 1100 about 5 years ago, so at 5.5, that brings us to over 6000 POG in the next 3 to 5 years
Silver bottom was roughly 13, so at 10.5, we are up over 130 as the POS.....I am comfortable with these guestimates and time frames.
Leverage. This is dangerous, but being greedy, at a 50% leveraged SLV portfolio you can see you are at a silver price eventually of almost close to 200 dollars..so that is a 900% return in your silver SLV portfolio, if you are buying from today. Not buying silver from 5 years ago, but buying it today.
where can you get 900% return over the next 3 to 5 years? Not bitcoin, which may be out of business in 5 years or down under 10K. I can see the S and P as a triple in 5 years. but not a tripling of a triple.
One thing is sure, the dollar will not be around in a decade from now, effectively.
Recent SLV News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/08/2024 04:24:46 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/08/2024 08:40:23 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/03/2023 06:39:51 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM