In 1980 when Siver traded at $42/oz, u could purchase a home in a Vancouver suburb for $80 to $120K.
Today, that same home sells for anywhere between $1.5M to $2.5M depending on size. That equtaes to approximately a 20x factor over 36 years!
Many gold and silver bugs are being called crazy or insane for saying Silver could go to $500/oz and Gold to $12-$15K an oz. but maybe they aren't so......crazy?
yup! loaded up with spy 203 and 204's this afternoon. should be good day tomorrow.