Silver Surges to Record, But Inflation-Adjusted High Still Far Away

``According to the Dow Jones Market Data Group, gold's record of $875/oz in 1980 translates into $2,371.11 in today's dollars. That's roughly 2.7 times the 1980 price. Using the same math, silver's inflation-adjusted price would be $131.49/oz. The Minneapolis Fed inflation page calculates it at $130.48/oz... What's intriguing about the inflation-adjusted figures is that gold -- not silver -- is much closer to the real dollar record level. And silver has been racing hard to catch up.''