Over the past two weeks, silver has reached $45 per ounce, with analysts suggesting it could surpass $50. Bo Polny previously indicated this level might serve as a starting point, though some believe the price could rise significantly. Historical data reveals that silver’s nominal all-time high was approximately $49.45 per ounce in January 1980 during the Hunt brothers’ attempt to corner the silver market. Adjusting for inflation using CPI data, one 1980 dollar equates to roughly $3.93 in 2025 dollars, implying an inflation-adjusted all-time high of around $190–$195 per ounce today.
Current supply constraints have led to shortages at many mints and dealers, with some comparing the situation to the gas lines of the 1970s. Analysts advise securing physical gold and silver now, as prices may continue to climb. Despite skepticism from earlier critics who dismissed predictions of silver exceeding $30 per ounce, the metal has approached its historical peak.
For those seeking to invest in physical precious metals, two companies are highlighted: Miles Franklin and Genesis Gold. Miles Franklin offers bullion purchases with personalized service, while Genesis Gold specializes in IRA-approved physical gold and silver. Both emphasize the importance of owning tangible assets over paper-backed contracts, which some warn could lose value abruptly.
The article underscores the potential for further price increases, urging investors to act promptly. It also notes that certain companies provide direct customer support and competitive pricing, with specific contact details provided for interested parties. The text concludes by reinforcing the appeal of physical metals as a hedge against economic uncertainty.