I keep reading these news pieces that say silver prices are at an all-time high. The reality as I see it is in order for silver to be as high as it was in 1980 it would need to reach $196 adjusted for inflation.
I don't know how long it will take to get there... but I never thought I'd see it where it is right now either. Why does everyone forget about inflation? Everyone talks about Avatar being the highest grossing film of all time... but adjusted for inflation its actually Gone With the Wind! In my inventory where I track my coin purchases, I include the original price and date of purchase... but I also include the inflation adjusted price. I could have bought a coin for $2k, and it would seem like selling it for $3k would be a great deal... but inflation adjusted I'm actually losing money!
