With the adjustment of silver for inflation, the peak in 1980 (Hunt Brothers period) corresponds to approximately 160-190 USD.
This means that silver needs to show an increase of nearly 100% to offset the effects of inflation.
The chart includes two different types of prices: one is a normal chart, and the other is a logarithmic chart.
The target price in the logarithmic chart is set at 160 USD.
In the normal chart, the target range is projected to be 110 - 120 USD.
My personal opinion is that if the price of silver exceeds 100 USD, it enters the red alarm zone for me.
1. Image: Normal chart
2. Image: Logarithmic chart