The appropriately named David Morgan (Morgan silver dollars) writes about the potential for silver as a safe haven from paper money.
"I have been on record as saying I see silver going over $100.00 an ounce in US Dollar terms. Now I want to be very clear here: I'm very practical. For something to get to $100.00 it means it must get past $20.00 again and then it needs to get to $30.00 and $40.00 and $50.00 and on and on, so certainly I'm not trying to give any false hope or false indicators. But when the US Dollar goes this time, I believe, the panic of 1980 will look like a warm-up event."
The rest of the article.
5 years ago
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