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@Maddog 17:22 re $500 per oz Silver

Posted by Mr.Copper @ 21:30 on March 19, 2025  

Re your:

“the 14 yr saucer is the handle to the 40 year saucer……hence we can see $ 500 silver.”

That $500 Silver estimate looks pretty good, might even be a little conservative. Because I remember around 1980 Silver was $50/oz, and a $1,000 face value bag of junk silver coins could buy a house back then.

There are 715 ounces of silver in a $1000 bag. 715 oz times $50 is $37,750. Houses back then were around that price $37, Some houses were $25k some were $50k for a waterfront.

So $500 Silver times 715 oz in a bag, comes out to $357,500 for a house today. Houses around here now are $600,000 to $700,000. So silver on an extremely high price could go even higher than $500/oz, If a silver bag ever buys a house again.

The gov’t had to raise the prime rate to 20% to stop the climb. And the bozos running things even went heavy on cheaper imports to get the inflation rate down. But that caused the lack of work afterwards, causing all the wives to take jobs. Then all the divorces started, single mom households all over the place.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.