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Bill Murphy: Silver – The Only Commodity 66% Cheaper Than 37 Years Ago!! - Rory Hall - Sprott Money -

Two months after the Hunt brothers debacle the 'price of silver' in 1980 went from about $49 to under $11 in about 2 months. (wiki)
Silver is now $16.85
I am not sure what the author is on about.
It is not actually cheaper than it was in 1980 at least for some time.

Is silver a bargain now?
When I check the price on a monthly chart I see that it is "getting cheaper"
In other words it is getting swapped for $USD. OBVIOUSLY
Whether this is market rigging I do not know ( or care really)
My advice..do not swap your dollars for silver at this point in time.
There is no rush!

Commented 2526 days ago

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Beginning of the headline :Can you name any product, service or any item of any type that is 66% cheaper than it was in 1980? Of course not. There is one item on the planet that is cheaper today than it was in 1980 – silver. Why is that? How can that be? We have seen several of the too big to jail banks be assessed “fines” for rigging markets and funding terrorist. LIBOR and FOREX just to name the two biggest market rigging schemes conducted by 5 of the too big to jail banking cabal members. This is to say nothing o... Read More

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