Do you ever feel as though silver spot price could actually stay at $15/ounce Forever?

The silver spot has been tightly range bound for many years now, with very little movement or excitement. At the same time, the DOW and NASDAQ have more than tripled from their lows of 2009 just 10 years ago.

The staff at All Engelhard offers an interesting comparison and perspective.

They compare the current market to a vintage Ferrari of the late 197o’s and the difficult times this historic automobile went through to become the expensive icon it is today!!  The facts point to this thought provoking scenario, the Ferrari has increased about 125 times in value since 198o and silver hit $50, so 400 ounces of silver could have bought that car.  Today it would take 166,667 ounces of silver to buy the same car!  Think about it for a second!

Their final point, anything is possible , but from a statistical perspective, it’s not probable that silver can remain at today’s prices or very much longer.  What would it take to align the stars so that silver finally sees its day?

Hint –  Read the License plate!!!

Many thanks to the staff of AE for their assistance and use of their photos.

You can read the entire article and all of the comparisons as well as many more publications at All Engelhard.