Historical PerspectiveI apologize for incomplete data but I can't find YRI (Ave yearly prices), But for ilustration purposes I will use a spot price for April 28th or closest trading date..
2007 4/28 $14.46 USD, Gold 2007 Ave. $695, Silver $13.38
2008 4/30 $13.60USD, Gold 2008 Ave. $872 SIlver $14.99 (Yamana traded as high as $19 this year)
2011 4/28 $12.57USD, Gold 2011 Ave $1405 Silver $34.10 (Gold now $1536, Silver $48.41)
This utter lunacy and is being fulmugated by the Banksters, Hedgies and the Gubmint Regulators of NOTHING. I keep thinking sooner or later it will correct itself but with no discipline the biggest entities are allowed to run everyone else off the cliff......What will change this equation?