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Jim C.
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Silver: Will it Drop to $ 10/ounce?

- Peter Zihlmann -

The fact that this question is even being asked is disturbing -- especially to holders of silver coin like myself. Zihlmann does ask the question, throws up a chart, and quickly disposes of the question as not likely.

I hope it is not likely, but strangely many items from candy bars, basic food items and homes, are only 10% above their 1964 level -- the last time silver was in circulation as official United States money.

Zihlmann urges us to purchase silver now. The best course might be, not to sell anything, but to accumulate some cash in that unlikely event and purchase even more. Last year when silver was pushing $50 an once that question would have been met with laughter -- not now.

Commented 3964 days ago

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Beginning of the headline :The bull market of the silver price started towards the end of 2001. On the way from $ 4.02 to the recent intraday all-time high of $ 48.42 (an increase of 1,104%), several significant corrections took place, the most severe one in 2008 when the silver price sank by 57% only to jump 441% to a new all-time high... Read More

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