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What's Next For Silver?

Given that the price of gold is at $1,400/oz, that implies silver hitting $100/oz even if the price of gold was to freeze at the current price. No one who understands this sector expects that to happen. Adjusted for real inflation, gold would have to rise to more than $7,000/oz just to equal its previous high in 1980 -- as calculated by John Williams of Shadowstats.com. This means that it is certainly not beyond the realm of possibility that silver could reach a four-digit number over time.

Ordinary people need to protect themselves from the monetary depravity of bankers, as they relentlessly drive the value of the paper currencies they foisted upon us to zero. This mandates that every person must protect their wealth with precious metals, or "go down" with the bankers (and our economies). However, thanks to those very same bankers, people can purchase their monetary insurance today and expect to make nice profits.

Merry Christmas!

This commentary comes from an independent investor or market observer as part of TheStreet guest contributor program. The views expressed are those of the author and do not necessarily represent the views of TheStreet or its management.
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