InvestorsHub Logo
Followers 1
Posts 240
Boards Moderated 0
Alias Born 06/16/2017

Re: J_Dean post# 606

Sunday, 12/03/2023 8:41:26 PM

Sunday, December 03, 2023 8:41:26 PM

Post# of 661
Yeah $50 / oz over 12 years ago. In 2023 adjusted for inflation silver has to reach $ 68 to equal what it did in 2011. Adjusted for inflation gold's all-time high was reached in early 1980 at what today would equal $3,452.40 / oz. Gold has a long way to go as well. I remember gold's move in 1980. I won a thick 24k gold chain in a card game. A few days later I brought it to a coin / precious metals shop to see if they would buy it. When I took it out the guy's eyes lit up. He stuck it on the scale and offered me $ 67. I took the money and got out of there pronto in case there was a mistake. That was 43 years ago and would be $ 250 today. The poor guy that lost only owed me $ 20. LOL -Lamont