Silver breaks $38 an ounce – New 31 year high – again

Silver set a new 31 year high again today smashing $38 an ounce ($38.06). Silver maples purchased for $32 eleven weeks ago are currently selling for over $42. Needless to say, this means the cash and any other paper asset you have has depreciated by a corresponding amount.

Buy silver – don’t wait. It (waiting) is going to get real expensive.

(original March 24, 2011)