Silver just broke $100 and gold is nearing $5k per ounce!! 💥 💥 🚀
(media.greatawakening.win)
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I realize many of you are constantly popping erections over the silver price. Putting it into an historical perspective, in 1980 silver hit $50 an ounce. Adjusting that for inflation since then gives you a price of $195 per ounce to equal that today.
If silver goes past the $195 benchmark in the near future then you will truly have an all time high, adjusted for inflation.
You just gave everyone here, more reasons to get excited.
If I may help more than that, “inflation”, as reported, is actually just CPI, which is at least 5 times lower than real inflation.
This is also before the unbacked certificates start fully kicking in, though I imagine those will be realized a bit at a time.
u/doug1956
Happy to be of service. Too many times people don’t think about the time value of money
And an all time high erection !!!
Michael Oliver says silver will exceed 500 an ounce. Also says gold will be over 8000. I've been stacking since the 08 financial crisis. I'm concerned about holding too much cash and watching what inflation does to its purchasing power.