Silver set to explose this week
User ID: 1137900
10/16/2012 05:47 PM
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Quoting: Anonymous Coward 23022509
so what if silver goes to even $500 an ounce. All that means is the price of everything else will be insane as well. Like $50 loaf of bread. Silver at $500 and bread at $50 still means you only get 10 loaves for one ounce. About like it is today.Quoting: Anonymous Coward 23755869
Hummm lets see....
$100,000 in the bank in cash.
"Event happens" outlined by above GLP Tard
Silver becomes $500 an oz and loaf of bread $50
$100,000 divided by $50 = 2000 loafs
Tard #1 can purchase 2000 loafs of bread.
3125 oz of silver as of 10-15-12 (Roughly $100,000)
"Event Happens" outlines by above GLP tard
Silver becomes $500 an ounce so 3125 oz becomes = $1,562,500.00
Loaf of bread = $50
So... $1,562,500.00 divided by $50 per loaf = 31,250 loafs
Tard #2 can purchase 31,250 loafs of bread.
So GLP tard -- using your fine math I guess it is better to NOT own silver and end up with 2000 loafs of bread when our silly silver investor will have 31,250 loafs of bread.
Thank you for your fine investment advice.
I am going to go polish my silver now and I suggest you expand your education and stop posting about what you obviously know nothing about from your moms basement in your magic spiderman underwear.
Plus Tard #2 may have purchased his 3125 ounces of silver at let's say $10.00/ounce, which means his original investment was $3125.00.