SRIEBRO – vyhliadky pozitívnejšie než pre zlato
Ak zlato dosiahne maximum z roku 1980 (so zohľadnením inflácie), striebro potom bude minimálne na úrovni $50/oz.
If you consider the time frame of the past 6 years, silver is outperforming gold, as the number of ounces of silver needed to buy gold has narrowed from 80 to 55.
So then, why is silver not at $50/oz. yet?
The reason, I think, is that gold is not at $850 (circa 1980). The reason is that the measuring stick of the dollar is completely broken.
We must adjust for inflation since 1980. Today's gold market will be like the gold market of 1980 only after you adjust for inflation. We are not there yet.
But a key difficulty is: "How should we adjust for inflation?"
An online inflation calculator quickly shows that $850 in 1980 is really $2275 in 2006. So, although monetary demand for silver is slowly beginning to return, it still has not started yet in any significant and meaningful way.
Zdroj: goldseek.com
10.01.2008
