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The Real Silver Bubble

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fenton's Avatar
United States
4989 Posts
 Posted 04/11/2011  10:46 am Show Profile   Bookmark this topic Add fenton to your friends list Get a Link to this Message Number of Subscribers
Found an interesting chart. Apparently, inflation adjusted, silver peaked at $806 in 1477 so the 1980's highs are nowhere near long term historical levels.

http://1.bp.blogspot.com/_52Wdx5Rz8..._1190546.gif
Edited by fenton
04/11/2011 10:47 am
Valued Member
vinnycoin's Avatar
Canada
442 Posts
 Posted 04/11/2011  11:02 am  Show Profile   Bookmark this reply Add vinnycoin to your friends list Get a Link to this Reply
wow that is one long term chart!

Hard to really base the value of silver on that chart though. I mean, the economics from the 1300's are much more different than it is now. I'm not an expert on the subject but thats just my take on it. I think the fundamentals of silver are there, and that we are still a whiles away from a real bubble. Right now, its a dollar bubble.
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United States
759 Posts
 Posted 04/11/2011  11:33 am  Show Profile   Bookmark this reply Add OneBowl to your friends list Get a Link to this Reply
Seriously, somebody has way too much time on their hands (the chart maker, not fenton and vinny) Kind of funny how post-1980 looks when squeezed into a sixteenth of an inch.
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carmykle's Avatar
United States
2448 Posts
 Posted 04/11/2011  6:08 pm  Show Profile   Bookmark this reply Add carmykle to your friends list Get a Link to this Reply
Any chart is useless unless you really understand the underlying factors driving the market.
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rjkingston's Avatar
United States
642 Posts
 Posted 04/11/2011  6:11 pm  Show Profile   Bookmark this reply Add rjkingston to your friends list Get a Link to this Reply
looks like a late 2008 chart.
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