04-28-2011, 11:55 AM
One day, it WILL become a bubble I have no doubt.
it just isn't today and it just hasn't happened yet.
The inflation hedge power alone will keep it driving forward on good fundamentals. The US dollar is decreasing in value and inflation is starting to take hold.
One example from Walmart RE inflation, as for the dollar take a look at the USDX it is in the dumps already and heading lower.
http://www.usatoday.com/money/industries...tion_N.htm
Silver flirting with all time highs now, although adjusted for inflation the old high is about $160 / ounce today.
it just isn't today and it just hasn't happened yet.
The inflation hedge power alone will keep it driving forward on good fundamentals. The US dollar is decreasing in value and inflation is starting to take hold.
One example from Walmart RE inflation, as for the dollar take a look at the USDX it is in the dumps already and heading lower.
http://www.usatoday.com/money/industries...tion_N.htm
Silver flirting with all time highs now, although adjusted for inflation the old high is about $160 / ounce today.