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Gold/Mining/Energy : Silver prices
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To: Davy Crockett who wrote (7231)4/24/2006 2:40:20 PM
From: Canuck Dave  Read Replies (2) of 8010
 
"This time, it's different?"

So how much is silver actually worth in today's fiat currencies? Now that silver has broken free of the constraints of the past 10 or so years and is having manic mood swings, is there a new equilibrium price we should be looking at?

More importantly, at what point do we get nervous and start looking for another undervalued asset class?

I say $36.65 before I become defensive. How did I pick that number? I won't tell, but I picked it in November 2001 when silver was hitting rock bottom.

CD
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