In the financial world, silver has been treated like trash. In financial markets, It's known as one of the worst possible investments along with gold. Yet, when you look at this chart, over time silver has massively outperformed the SP500 along with the Dow Jones Industrial average. As it catches it's breath, some are saying it will continue to tank while contrarians consider silver to be entering a new cycle into a bull run.
Silver's industrial use has also been increasing. Solar technology, cell phones, and many pharmaceuticals use silver in production. Will the increase in population and increase in technology increase this demand?
Will the coming silver bull run be as massive as the one that occurred in 1980? Are you better off buying silver for the long run rather than investing in mutual funds and index funds? Is silver over priced? Is it under priced?
You can barely mine silver out of the ground for what it cost an oz (including discover costs). However, gold and silver manipulation is protected by the us constitution to protect the Dollar. Your charts are not going to do you any good when millions of paper contracts flood the market while your sleeping. At some point the levy will break and gold and silver WILL go to the MOON. Unfortunately that will only result in confiscation of all precious metals (also legal and already performed 1930s)