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<p>[QUOTE=&quot;Eric the Red, post: 7626093, member: 118899&quot;]Here is something to think about&nbsp; regarding today&#039;s Gold and Silver prices and inflation. Considering the price of Silver at It&#039;s high in 1980 at $50</p><p><br /></p><p>What is <b>$50</b> in <b>1980 worth</b> in <b>today&#039;s</b> money? Adjusted for inflation, $50.00 in <b>1980</b> is equal to $169.80 in <b>2021</b>. Annual inflation over this period was 3.03%. </p><p><br /></p><p>Silver is currently trading atv$28 spot and averaging $34 an ounce with premiums.</p><p>So ask yourself are the current price and premiums of PM&quot;S&nbsp; really that high ? They look artificially low to me. Seems like everything has drastically increased in price exept PM&quot;S.[/QUOTE]</p><p><br /></p>

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