Comments by "Ace1000ks1975" (@Ace1000ks19751982) on "🔴 What silver's breakout really means - Ep 593" video.

  1. Silver will go up to $50 when a loaf of bread costs $15.
    7
  2.  @UnspokenWords2010  I have more gold and platinum than I have silver. I stopped buying gold at about 2012, and I sold 95% of my silver around 2011 to 2012. I am certain that the price of gold, silver, other commodities, and the price of goods will go up. After all, who is stupid enough fund our irresponsible government and it's out of control spending. It will end one day, and when the dollar loses its world reserve status. The dollar will not be worth the paper it is printed on.
    2
  3.  Actual Scientist  Gasoline would have to be $8/gallon when that happens.
    1
  4.  @scabu3  In today's money $50 in 1980 is equivalent to $156.50. $1 in 1980 is about $3.13 in purchasing power today. Silver hasn't kept up with inflation. On the other hand, gold was $800 in 1980. In today's money, gold should be $2504. Gold also didn't keep up with inflation. If you bought Toyota stock in 1982 when it was $14/share, and today it is about $127. If you invested $50,000 in Toyota stock, $50,000 in silver, and $50,000 in gold. Toyota stock = $453,571 silver = $23,000 gold = $116,250 kept it in cash = $50,000
    1
  5.  @scabu3  No it was not. A loaf of bread in 1980 was about 50 cents.
    1
  6.  @scabu3  A loaf of bread in 2020 costs about $5.00. A loaf of bread in 1980 was about 50 cents to 75 cents. Silver was never a good investment. You could have made much more money investing in stocks, or investing your time learning computer programming than investing in silver.
    1