When adjusted for inflation, the price of silver is indeed lower now than it was 40 years ago. In 1984, the average price of silver was around $6.53 per ounce. Today, the price is approximately $30.23 per ounce. However, when considering inflation, the real value of silver is lower now than it was back then.
In real terms, silver is cheaper now than it was 40 years ago.
Unique opportunity.
— GoldSilver HQ (@GoldSilverHQ) November 29, 2024
https://www.macrotrends.net/1470/historical-silver-prices-100-year-chart
https://silverprice.org/silver-price-history.html
The #silver market traded 396 million paper ounces yesterday on Black Friday. The comex had 5,456 deliveries and the LBMA had 460. How much physical do you believe is left at comex? Remember when they slam the price to moving averages India and China load up. #silversqueeze pic.twitter.com/4rr1CHWG2h
— The Dude (@Thedudesetx00) November 30, 2024
🚨 SILVER RESERVES ARE GOING TO RUN OUT. TICK TOCK.
TOTAL #Silver DEMAND 🕳️ (industry, photos, jewelery, silverware and investment)… VS TOTAL #Silver SUPPLY (mining and recycling). pic.twitter.com/TdZJEMuJcU
— Make Gold Great Again (@MakeGoldGreat) November 30, 2024
186 views