Thursday, May 5, 2011

Interesting times

Silver is down to thirty-six dollars an ounce, from a hair under fifty bucks just last week.


  1. And people wonder why I put not my faith in hard currency. That's some wicked inflation on the silver dollar there... And it didn't take a Federal Reserve Bank to do it, just a commodities market.

  2. The situation complicated, of course, by the fact that much of the volatility in the silver and gold markets comes from people buying to hedge against the Federal Reserve's inflationary policies... ;)

  3. Could be a sudden outbreak of werewolves, or a new gold rush. Supply and demand on commodities is uncontrollable. This is Not Good.