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Posted by ken(Toronto) on March 3, 2008, 9:42 am, in reply to "wow silver 19.91 what is your guess at end of year ? hh nt"
66.212.175.194
Well, let's see:
In 1980, oil was $40 a barrel, and gold was $850.
Norml price of silver is somewhere around 1/50th that of gold.
With price of oil now at $100; gold price should be $2,125 and silver should be $42.50
Ken
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