Loading ...If this guy is right Silver will peak at $600/oz. Maybe even $700, to match the 1980 high of $50/oz.
He’s wrong. Back in 1980 a $1,000 face value of junk silver coins was up to $35,000, ($49/oz) enough to buy a typical house. They ranged from $25,000 to $40,000.
So today at $600k to $700k, per home, a $1000 bag would have to go to $600k or $700K to buy a house. There are 715 ozs of silver in a $1000 bag. Which means $979/oz in todays money adjusted for home inflation.
If someone has already posted this , my apologies « OASIS FORUM