Loading ...Otavio (Tavi) Costa
@TaviCosta
Silver, when measured against CPI, has just broken through a resistance level that held for 46 years.
More importantly:
Even after this breakout, silver still sits nearly 80% below its 1980 peak on this metric.
Of course, that assumes CPI is an accurate measure of inflation — which it likely isn’t.
If we account for real fiat debasement occurring today, driven by one of the most extreme expansions of global money supply in history, silver remains one of the most undervalued monetary assets, in my view.