http://goldinfo.net/images/650-live-silver-prices.jpg
Just found this amazing 650yr silver price chart with silver priced in 1998 dollars. High point for silver was in 1477 at $806/oz in 1998 equiv. $, adjusting for inflation into 2010 dollars the 650yr high point was $1150/oz.....and yet some will come out this week and say we are in a bubble at $50/oz!. ...and in 1477 there was more available above ground silver than there is now and there was no industrial uses beyond cutlery and storage jars.
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