Precious and Base Metal Investing Message Board

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Gold/Mining/Energy : Precious and Base Metal Investing

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To: austrieconomist who wrote (14740)	7/24/2003 7:36:57 PM
From: Canuck Dave	Read Replies (1) of 39344

I think the price spike in 1935 was the US government starting their stockpile. Which makes actual analysis of silver during deflationary times difficult. They accumulated one boatload of silver. I have a figure which I keep and update once a year. It's cumulative inflation and also the Dow and silver in 1966 dollars (1966 chosen as a convenient market top and the start of the last bull in PM prices). It's remarkable how cheap silver still is relative to 1966 valuations (1.32 versus about 95 cents today in constant dollars.) CD

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