timber,"I don't think there are any useful lessons to be taken...

timber,

"I don't think there are any useful lessons to be taken from that history".

I beg to disagree.

You're saying that it's gonna be 'different this time'. It won't be. The silver and gold price spiked vertically in 1979, like it did last year, history repeats itself all the time.

You can talk about the Hunt Bros, Russian invasion of Afghanistan, Volker and all manner of different scenarios, but human nature hasn't changed one bit.

I read about dozens of scams, set-ups, ponzis, busts, finance rip-offs, internet swindles, share crashes etc. all the time, gold and silver are no different.

There's one born every minute.

The world is full of suckers - period.