Hyperinflation Will Blow the Economic Doors Off

Hyperinflation Will Blow the Economic Doors Off

www.kitco.com

If gold and silver were fairly adjusted for inflation, gold would be over $2,000 per ounce, not just $740. Silver, instead of being valued at $13.33 per ounce would be nearly $25. Some traders and investors view gold’s forthcoming top at $873 and silver’s at $50 based upon non-adjusted inflation valuations in 1979-1981. Watch what comes next in the on-going gold and silver bull market of the century. We are only in the 3rd or 4th inning.

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Still kind of frightful that gold has the chance to more then
double.... like the gas situation, adjusted for inflation,
we still got 20$ to go before the Iranian Revo era.

www.kitco.com
(visit the link for the full news article)

[edit on 13-10-2007 by anhinga]