Tuesday, March 1, 2011

The REAL Silver High!

As the price of silver makes its way upwards by leaps and bounds you'll be seeing the phrase, `has reached a 31 year NOMINAL high', quite a bit. Most thorough articles will use the qualifying word 'nominal' to convey that the high price they're quoting is NOT INFLATION ADJUSTED. However, as an investor doing his due diligence, it's crucial to precisely comprehend what the true inflation adjusted price is for silver for any judgment to be on a truly `apples to apples' level.

It's no secret that today's inflation continues to erode the buying power of the US fiat `paper dollar'. Many fear that rampant inflation assailing our economy now may even lead to destructive hyperinflation (50% or more inflation PER MONTH). ) The period from 1980 until today unfortunately followed the same Pied Piper siren song of currency inflation. Indeed, according to the US Inflation Calculator , the real inflation percentage was 167% during the last 31 year period. As such, an inflation adjusted high for silver would not be the often quoted $50, but in actuality over $130!

It is highly likely that the price of silver will continue to steadily rise in our woefully unstable American economy, afflicted by multi-trillion dollar deficits and inflation. The increasing demand for silver by informed investors coupled with growing industrial demand and inelastic supplies, serves to highlight the open price ceiling that beckons. Understanding the TRUE previous highs for silver will assist the prudent investor in his thorough due diligence exercise.

Time is running out fast! Hyperinflation seems unavoidable as fiat paper money is being printed as fast as the US presses can run. To protect your wealth and your family, buy gold and silver now from these top companies, APMEX Gold and Silver and Silver American Eagles.



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