The Great Gold and Silver Mining Rush of the 21st Century Message Board

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Gold/Mining/Energy : The Great Gold and Silver Mining Rush of the 21st Century

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To: LoneClone who wrote (8793)	9/2/2025 7:16:08 PM
From: Valuepro	Read Replies (2) of 9476

"Is he saying that PM prices are no longer cyclical in nature like they have been for decades?" No, what he wrote didn't strike me that way at all. I believe he was repeating what I've read from others suggesting that the diligence some of us have applied in the past will not require as much attention in the future, that the trends for gold and silver will be sharply higher for longer with shorter or less severe down cycles. I find this a reasonable expectation given the chart for the price of gold since 1973, cycles included, with current politics having little to do with it - the die was cast long ago. As an example, my wife recently reminded me that when she finished her undergraduate degree in '73, she bought a brand new Chevy Camero for about $4,000. If someone would have put that amount into gold bullion in that year and held to this point, they would be sitting on more than US$300,0000 today (round down by two or more Chevy's). So, by comparison, what Thomson and others are saying is, "You ain't seen noth'n, yet."

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