InvestorsHub Logo
Followers 164
Posts 22412
Boards Moderated 2
Alias Born 01/21/2006

Re: None

Saturday, 07/21/2007 1:14:16 PM

Saturday, July 21, 2007 1:14:16 PM

Post# of 18318
Many people talk about how far or near silver and gold are from their all time highs. But the dollar in 1980 was worth a lot more than it is today so those highs are still a long, long way off. Adjusted for inflation since their highs in 1980, silver's all-time high would have to get to $124.70 and gold to $2,119.84 to match those all-time highs.

Silver is still relatively near the bottom and it's actually getting cheaper as the dollar declines. It has traded sideways now for almost a year and a half. How long can this last? Certainly not forever. Silver is cheap and so is TNRI.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.