We’re not sure that there is much point in making price predictions for gold and silver. It’s likely to be a “moving target” if central banks continue to create more “currency units” ad infinitum, so what ever price one extrapolates for today might be irrelevant in the future.
However we found this video interesting in drawing long term historical comparisons for purchasing power of silver between Roman times, 1800’s, and today.
It’s not overly long and worth a look. It’s actually Part 7 of a much longer series of interesting videos. We might not agree with everything in them but they have some interesting points nonetheless…
http://www.youtube.com/watch?v=VBq5seKa3wg
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