600Year Gold Chart

600 Year gold chart

when compared to gold based on the silver/gold ratio. But when the primary trend in prices has been down over the course of the last 600 years, what does it mean to be in a bull market?

Looking at this chart, even the great 1970s bull market in silver was essentially a bull market in a longer term downtrend.The story of silver over the past 600 years has been one of declining inflation-adjusted prices. Just something to keep in mind.