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iShares Silver Trust Message Board

  • jupiterspinning jupiterspinning Nov 10, 2012 12:06 PM Flag

    $705 silver = $80 Gas

     

    The only one's this is a problem is those without silver. Of course silver could top out at $60, and in a normal bad economy that is what would be expected, but this is far from normal, the Federal Government has no means to pay back Trillions of dollars and never before had we witnessed endless QE. Normally a country recovers and then raises taxes but our jobs are being sent oversees and eliminated through technology, therefore growth won't happen, and taxes won't be able to rise. This sets up hyperinflation as a means to pay down the massive debt and then we'll see $705 silver.

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