Silver as an Investment

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Reuters News Agency today said that gold and silver reached new seven week highs. I was thinking back just six years ago when I was buying Morgan 100 year old silver dollars at around $4 each. Today they are about $13 each. They have approximately one ounce (slightly less) of silver in each dollar. I could have bought a nice condo in Phoenix for about $80,000 six years ago and sold it for about $120,000 today. A nice profit of $40,000 in six years! Not bad--but my silver dollars would bring me more if I sold them today. Six years ago the condo money would have bought 20,000 Morgan silver dollars. Today they are worth $13 each=$260,000 or about a quarter of a million dollar profit!! And I'm still trying to get friends and family to buy silver dollars. They still aren't near as high as they were in 1980 with silver at $50 per ounce! Today silver closed at only $13.17 per ounce. Because of 26 years inflation silver would have to go much higher than $50 per ounce now to exceed the price of 1980!