Not if you had a salary of let's say $3000 a year. Everything is relative, and silver and gold is not much more expensive, if at all, than it was in the 50's. An ounce of gold is, and has been, around a week's pay for a middle class worker. That is the appeal, it should keep up with inflation. The downside? It should keep up with inflation.
We have been holding at around $24 for the past 3 or 4 days now. I still don't know what that means, but it's nice to have it stay at this price for a little while.
I'm beginning to think that $24-$25 silver is the new normal. Once physical inventory catches up and the "fire sale" buying levels off, there doesn't appear to be much of a catalyst for sharp swings on the immediate horizon.