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Full Version: Silver Currently at 650 Year Lows
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Here's a chart showing Silver prices in 1998 Dollars for the past 650 years, we're still at major historic low folks:

[Image: 650-Silver-Prices.gif]
That chart actually makes a case for the other side. Sooooo, we are all picking a 650 year bottom? hoping it will turn around now? heh.

Silver charts are only valid starting at 1971 prices, when the fiat game started. Maybe if the chart was showing values in something that was around in 1344, maybe something like leather or timber... but those production rates no doubt varied over the years :)

anyhoo.
(05-01-2011 05:34 PM)12gaugeangel Wrote: [ -> ]That chart actually makes a case for the other side. Sooooo, we are all picking a 650 year bottom? hoping it will turn around now? heh.

Silver charts are only valid starting at 1971 prices, when the fiat game started. Maybe if the chart was showing values in something that was around in 1344, maybe something like leather or timber... but those production rates no doubt varied over the years :)

anyhoo.

Yea, I see your point.
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