Monday, May 13, 2013

Silver in the Long Run 1344-1998

The Conquistador silver did Spain no favors.
Because this chart stops in 1998 we don't see the brief dip below $4.00 in 2001 but according to my handy BLS inflation calculator $3.99 in 2001 is $5.24 in 2013 so it is still a bit higher than the 1992 inflation-adjusted low of $4.73.

 

via ZeroHedge!