Glsfutrs
Jr. Member
- Mar 4, 2006
- 94
- 0
- Detector(s) used
- Coinmaster 6000/Di
Like that of watching a professional boxing match in v e r y slow motion, silver is setting up to deliver a 1-2 punch to the dollar/economy.
This won't happen overnight but none the less it most likely will occur in a reasonable amount of time.
There could be at least one more grind down of the silver price- all well and good to take advantage of !
The first punch will come when silver has earned the respect from all for its true value . It should increasingly play an important part not only for industrial means but also for maintaining a sound and solid value to be trusted in troubling times. One way that silver should help will be to accompany trading purposes while even helping to keep bartering practices running strong. Remember this is regarded as a precious metal. A 90% silver dime has got more value right now than a paper dollar...what does that tell you about the future.
The COMEX will come to realize that it no longer has it's grip and control over silver. The price will settle somewhere in the area of $ 50.00/oz. and never return to the ridiculously low levels that it is at today. This is not to say that it will stay at that price for long. For obvious reasons silver will start seeing a steady increase in value from then on .
The second punch will come in about 15 + years from now when world industry/consumption of silver will begin to make things clear that it is impossible to accumulate sizable quantities as was previously the case. Supply and demand will become the norm for all to observe....POW!!
KO!http://news.silverseek.com/SilverInvestor/1255661031.php
