Looks like I was right about SILVER,,, Why do you think I was beating it like a dead horse over the past 15 years?

You ain't seen nothing yet... We are just at the start of the break out which will lead to halted trading,, a massive shortage and then a revaluation/ re designation as a monetary metal... Eventually parity with Gold at a 1/1 ratio since that is where above ground inventories are already...


Silver is being and or is about to be used as an economic weapon between nations for world supremacy regarding fiscal/economic and technical advantage.. Silver is also the weapon to be used against a debt system and the Central Banking Cartel... Basically Silver is going to break the banks and the debt system...

Essentially Silver is weaponized at this point...

Silver is now $64 an ounce and still has been a better investment than Amazon which Dan S recommended. Rich G was correct and probably is better economist than Dan S.


Streamer

Wonder how many people actually bought in? Was not hard to do a little research several years ago to see what was going to happen...

Let's fact check this. A $10,000 investment in Amazon stock five years ago, would be worth $15,600 today, representing a gain of 56%. This performance significantly underperformed the S&P 500, which delivered a 112% return over the same timeframe. Five years ago Silver was $26.39 per ounce, which was the year's closing price. With the current price at $64 per ounce, a $10,000 investment in silver five years ago would be worth $24,250 today, representing a gain of 142.5%.

So yes Silver did much better than Amazon however it only did moderately better than the S&P 500.

Yet still it appears, Rich G was right again.

FP,


Those were roughly the numbers I arrived at as well when I made that claim. I chose to not share for the sake of being more to the point and making a shorter post and letting anyone who disagrees try to disprove my claim.



Streamer

Is RichG a better economist, or does a blind squirrel find an acorn occasionally? I ask this in recollection of RichG pronouning many things would happen on Tuesday, and then they didn't.