from Gold Silver Worlds:
Silver reached a 30 year high in April of 2011. Since then it has fallen nearly 70%. In any correction or bear market – call it what you want – we hear calls for lower prices as the market falls. Similarly, as a market rallies we hear supposedly well-reasoned arguments why prices should rise even higher.
Gold peaked over $850 in 1980. There were calls in 1980 for gold at $1,000. Currently we hear analysts calling for $900 gold.
The NASDAQ peaked in year 2000 about 5,000. There were probably a few investors calling for 10,000.
Please follow SGT Report on Twitter & help share the message.