Sunday, June 1, 2008
Wednesday, May 28, 2008
The S&P would have to be at the 2,000 mark in order for a 2004 investor to break even! This is because our dollar has lost 50% of its value since 2004! At 1600, you lose money! At 1400, you lose a lot of money in real dollars adjusted for inflation!
As You Can See, The dollar has lost about 50% of its value in the last 5 years! This means that, unless you earned at least 20% on your investments, you lost money. Silver has gone up 500% since 2003! IT will continue to rise as the dollar continues to fall and more and more investors move into precious metals. The boom has just started!
At 20.00 an ounce, silver is still dirt cheap!
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The "Spot" Price of Silver shown in the "real-time" Chart above shows what the actual price of
Silver is right now. Spot price is what an ounce of silver sells for on the international market in dollars.
Silver has been as low as $4.00 per ounce and as high as $20 per ounce.