Video: Don Harrold's 2011 Silver Target of $17.50

Sunday, June 30, 2013

Don Harrold of the Day Trade Show, just reposted Silver VS Inflation, a video from 12-29-2011 where he calls into the question the notion that holding silver protects against inflation over the long-term. That certainly is a controversial notion for many in the silver community.

Equally of interest however, is his target price for silver - based on inflation - of $17.50. That target is based on government inflation figures which, for many, automatically makes it suspect. Nevertheless, Harrold makes the argument that government twists inflation figures - as other statistics - whichever way that most benefits itself whether upwards or downwards. Not an argument you hear every day, but then Harrold doesn't always look at silver, or other investments, the way others do.

Even if you don't agree with what he says, Harrold almost always presents a different perspective that will make you think about what you believe and why.


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