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Thursday, September 9, 2010

Bob Chapman : SILVER $100 oz in 2010 !

Why an $1800 Investment in Silver Today Will Likely Be Worth $100,000 Within The Next 15 Months
As the value of the dollar declines, the price of silver and gold increases reflecting the loss of purchasing power and trust in the dollar. This is why gold that sold for $250 per ounce in 2002 now sells for over $1162 per ounce today. The value of gold has not increased. Rather, its price in dollars reflects the decreased purchasing power of those dollars.
Now here's how to take advantage of the dollar collapse to get out of debt, pay off your mortgage and more.
At the time of this writing (12-5-09) the spot price of silver is $18.50 per ounce. I know this may be hard to believe for many, but when the dollar is devalued and a national banking holiday is called to realign banks with the newly devalued dollar, silver will soar Now Let me restate that The cost of silver will shoot up and skyrocket to unbelievably high dollar amounts.

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