It is a misconception for many that the ATH for Silver is around $50.00oz when in reality adjusted for inflation it is closer to $700.00oz.!!

in #silver4 years ago

#Silver - #BigReset #Lockdown #Economy

Steemit Steem Blog.jpg

#Silver - #BigReset #Lockdown #Economy

Regular readers of my Blog will know that a few years ago I set a target price for #Silver at $700.00oz by 2023 and today I still stand by this target.

Though this target price may appear to be completely whacky to some based on the price ATH at around $50.00oz I wanted to point out once again the common misconception for #Silver.

Adjusted for inflation

For those that are still unaware, it is a misconception for many that the ATH for #Silver is around $50.00oz when in reality adjusted for inflation it is closer to $700.00oz.!!

Despite this observation, there are still many that are completely unaware of this fact.

On twitter?

For those that are on twitter, I thought I would share with you the tweet I posted yesterday.

The tweet simple reads...

It is a misconception for many that the ATH for #Silver is around $50.00oz when in reality adjusted for inflation it is closer to $700.00oz.!!

#silversqueeze

Steemit Steem Blog.jpg

https://twitter.com/StephenPKendal/status/1369646099808595968

On twitter?

If you are on twitter, please feel free to like and retweet the above tweet.

Thanks again for reading.

Stephen

Sort:  

You hit the Final and Stable Melt Value of Silver on the nose... Good Job...
March 11, 2021... 21.7 Hollywood Time...

You are really great sir, i always follow you.

Great news sir. You are a legend #steem

I agree with you ,, and thank you for sharing, and wish you success always @stephenkendal

I still have my one Steem Silver coin! It is pretty awesome, haha.

In fact, it is a misconception. Thank you for the detail.

Thanks. Very good post about economy

good post friends. I really like it, have a nice day friends. if there is free time I wait for you on my blog and I provide a little hot coffee for you friends

Thank you very much for the information you provide, have a nice day @stephenkendal.