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Buying silver is like buying gold at $554 today

opalesque | December 9, 2011 | 8:05 am Precious Metals Europe Gold Silver 

I think that buying silver today is like buying gold for $554 an ounce. Let me explain: As I am writing, silver is currently trading at about 65.2% (32.6/50) of its 1980 high. If gold was trading at 65.2% of its 1980 high, it would be trading at $554…

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