http://www.macrotrends.net/1470/historical-silver-prices-100-year-chart
Silver at $15 an ounce is about $2 an ounce above its 30 year average, adjusted for inflation.
http://www.macrotrends.net/1333/historical-gold-prices-100-year-chart
Gold at $1100 an ounce is about $300 an ounce above its 30 year average, adjusted for inflation. Note: I recommend ignoring gold prices before 1975 because of old laws on possession of gold.
Neither has been a great investment historically, but they are not bad options at this time for those who see utility in the physical possession of precious metals. As for cash, it doesn’t lose any more value to inflation in your pocket than it does in the bank. A little gold, silver, or cash is a prudent option that costs little.
good to know,thanks.