Silver - $40.00 ?

MKFARM
My gut tells me it will reach $50 so my buying threshold right now is $45. However something deep inside me tells me it will reach $90.

It is a good thing to trust your instincts
Historically the Gold/Silver ratio is I believe if memory serves me
16 to 1 at the historic ratio Silver should be about 92.00 an ounce
After years of Jp Morgan Chase and other large institutions
manipulating the silver market to artificially suppress it.
And getting caught red handed doing it.
And stock paper pushers going on tv shows and doing their
level best to convince people that Gold and Silver are worthless
and paper has value. People seem to forget that Gold and Silver
have been money for thousands of years.
Not Debt Paper.

I think Silver is just racing to catch up with itself.

Absolutely agree. There is No comparison to what happened in 1980.

I have a sizeable "Junk" US silver currency collection, and my instinct has been telling me to drop another 2 thousand on silver. Now I come home to see it at nearly 41$ an ounce...........The possibilities are driving me crazy

7.38 x 6

Well, look at it this way, Vinny. In every measuring system there is, something HAS to be THE standard. Although there is no official standard for currencies any longer, we can set gold or silver to that position if we choose. Since they are our standard, they cannot go up or down. All apparent price movement is really nothing more than the rising and falling of the currencies. Don't know if that makes a lot of sense but it does to me, so I use it.

Looked at in that light, silver is still a buck and a paper dollar is 2.5 cents. Gold would be about $37.50 an oz.

Never ever underestimate the value of paper, my friend. As we all know, every outhouse needs some!