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Re: None

Monday, 10/25/2021 10:34:14 AM

Monday, October 25, 2021 10:34:14 AM

Post# of 36574
really like SLV here, not that that matters. SLV is generally months late after Gold gets going. How long, who knows, anywhere from a couple to almost a year, if you look back since 2000.

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.