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Silver gains in history.

PostPosted: Thu Dec 09, 2010 11:51 am
by slickeast
I was looking at some charts on Kitco. I noticed that in 10 years silver went up on average 20% a year based on the previous years price.

This year alone it has gone up 100% or 2 x the starting price.

With this being said, what future does silver have? Will it double again in the years to follow or go back to the 20% a year gain that took place over the last 10 years?

I know very little about the market trends, what all is involved in manipulation, and all the other things involved in the market ( PM's and stocks ) that is talked about vastly on this forum. The MH - SOM debate is WAY over my head.

I just wanted to see what ya'lls thoughts were on this.

Re: Silver gains in history.

PostPosted: Thu Dec 09, 2010 12:27 pm
by highroller4321
Now that we are getting closer to what real prices are suppose to be I doubt it will double. I do however think it has some room to go up though. G:S ration still at 48 so that is still higher than what it probably should be.