I've often thought of the price of silver as an indicator of fiat currency strength.
I see it as a cork floating on the sea of money.
If the level of the sea (money supply) rises,
then the level (nominal value) of the cork should also rise.
If the level of the sea falls, then so should the cork.
Unfortunately for the country as a whole and silver seekers in general, federal-bankster forces have conspired as an integral part of their business plans to suppress the price of silver, thereby sending a false signal to the world concerning their Federal Reserve Note dollar value.
I just found a great graphic which shows the recent price of silver as a cork riding the water (green line) and along comes the bankster push down (big crazy red bar) at the start of May. They are now simply holding the silver price under water. As long as the banksters are enabled, by the federal government giving them bailouts, they can do this indefinitely.
If for any reason they were to let go of the silver cork, we all know what will happen.
For example if they were to let go today, it is easy to see that the cork would overshoot past $50 in a heartbeat on its way to equilibrium.