Voltaire, that chart shows that back in 2002, when silver was only about $3.50/oz, that was the time to buy (when no one wanted silver). Now near $50/oz everyone wants silver - after a parabolic rise. But as we know, the herd invariably sells near the bottom and buys near the top. Some things never change (even though every major top is justified by those same words, "but it's different this time" :)