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2,687 Posts.
1
03/03/13
21:17
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If people believe these price targets that get what they deserve.
A better question is whether silver is fairly valued or undervalued.
I say it is undervalued at $29. I dont really care about $100+ price targets.
If the price manages to be the same price as it was 33 YEARS AGO, thats a great gain from current levels.
If it takes a few more years to get there, so what.
Patience will pay off as long as the underlying assumption holds: that the commodity bull market will continue.
If the commodity bull market is over then the likelyhood will be that silver will also see brutal declines.
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