The two charts below are adjuster for inflation and thus reflects the real prices of silver & gold all the way from year 1720 expressed in today’s dollars:
As you can see, gold and especially silver has pretty much NEVER been as cheap as they are today. For silver to reach the top set in 1980, silver would have to appreciate to over $600 in today’s dollars. This is because the dollar has lost so much purchasing power due to inflation since the eighties. Silver is a no brainer for me personally.
This rhymes with the chart below that has been show before, namely that real assets are ridiculously undervalued overall today: