Advantages of saving in gold and silver over dollars.

[reddirtcoins]

Nice article on Gold and Silver for the rest of the decade.

http://goldsilver.com/news/casey-resear ... ment-bets/

[lance]

So according to the graphs silver will hit 40k a ounce in 2020? VERY hard to believe

[jacer333]

So according to the graphs silver will hit 40k a ounce in 2020? VERY hard to believe

Oh if only we could believe it...

[John_doe]

So according to the graphs silver will hit 40k a ounce in 2020? VERY hard to believe

accounting for our current rate of inflation that would put silver at todays 5 bucks.


so let me get this right, I start out with $0 dollars invested in silver and it turns into 40,000? count me in.

[beauanderos]

Learn to read, guys! It does NOT say silver will be $40,000 a troy ounce in 2020... it says the value of an account, in which you had invested $100 a month, every month, would approach $40,000 in value... IF silver performs going forward as it has in the past decade.

This is actually a VERY conservative estimate. On the basis of this projection, silver in 2020 would be trading about $187 a troy ounce. It will be far higher than this in actuality. But everything else will cost commensurately more as well. Too bad the graph doesn't show gas prices.

[Rodebaugh]

Wow! 40K an ounce silver!

Sign me up!

[exbingoaddict]

As soon I hear "dollar-cost averaging", I grab my wallet and look for an exit.

[Treetop]

I found this very interesting....

[beauanderos]

I found this very interesting....

Market rigging is a given... you might as well track the footprints and see where they lead. The table you mention, Zach, is useful in timing purchases, or calculating the best time to sell... although unless the amounts you're considering are huge the benefits will be minimal.

[SilverDragon72]

Nice article on Gold and Silver for the rest of the decade.

http://goldsilver.com/news/casey-resear ... ment-bets/

Hmm. I don't know if silver will ever get that high. I hope it does! I'm a fan of the Goldsilver.com website.

[SilverDragon72]

Learn to read, guys! It does NOT say silver will be $40,000 a troy ounce in 2020... it says the value of an account, in which you had invested $100 a month, every month, would approach $40,000 in value... IF silver performs going forward as it has in the past decade.

This is actually a VERY conservative estimate. On the basis of this projection, silver in 2020 would be trading about $187 a troy ounce. It will be far higher than this in actuality. But everything else will cost commensurately more as well. Too bad the graph doesn't show gas prices.

+1 for pointing that out!

[beauanderos]

I found this very interesting....

Market rigging is a given... you might as well track the footprints and see where they lead. The table you mention, Zach, is useful in timing purchases, or calculating the best time to sell... although unless the amounts you're considering are huge the benefits will be minimal.

The other problem with this chart is that it is based upon LONDON fix prices. Our markets are closed at that time, making the research essentially meaningless. Why don't they conduct research based on the prices upon close of NYMEX?