The Silver Price, Relative to the U.S. Monetary Base, Is at Its Lowest Value Ever
Published by Goldbroker ™ | Sep 1, 2017 | Articles

Silver is currently trading around $17 an ounce. This is around 34% of its 1980 all-time high of $50. However, this is an incomplete representation of what silver is really trading at, relative to US dollars. When you look at the silver price, relative to US currency (the amount of actual US dollars) in existence, then it is at its lowest value it has ever been.

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