Replies to post #35494 on iShares Silver Trust (SLV)

[Omar8]

Alwaysred,


"In 2008 silver was 20 dollars:

https://www.bullionvault.com/silver-price-chart.do

We'll be back there again soon. So in 15 years there has been no appreciation in silver to speak of.
However we are told by the metal salesmen that silver is a hedge for not only inflation but also market disruptions. But they are wrong on all counts aren't they? "



I think if one bought a Silver American Eagle for $20 in 2008, I'm pretty sure right now one could sell it for more than $20....