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Both Gold and Silver Peaked In 1980
In real (inflation-adjusted) dollars, both gold and silver peaked in 1980. We'll look at charts for the two metals and discuss their applicability to current price expectations. Silver first. The first chart for silver is a history for the past century based on average monthly closing prices... The ascending trend line dating back to the mid-1930s might seem appealing; especially for a patient long-term investor. But, as we know, when looking at longer-term charts, or making projections for any number of things, such as investments (stocks, real estate, etc.), sales, cost of doing business, retirement planning, etc., ... (full story)