MCROC, I agree with you. Discounting for the moment the prospect of an outstanding performance in silver, if silver merely keeps up with price inflation (about 6% per year as per shadowstats.com), then holders of paper silver will be taxed on the debasement.
Say 6% per year for ten years--80% inflation in toto. You will then have a paper cap gain of 80%, on which you would pay a tax of 28%, for a net paper gain of 57% or paper assets of 157%. But given 80% inflation, the real purchasing power of this debased paper asset is 87% (157/1.8), i.e. you would lose 13% of purchasing power. You are so right, most people do not realize the pernicious effect of the "inflation tax".
The sad part of the story is that when silver goes to $25 it is only keeping up with inflation. Our money is going to become worthless. My retirement money won't keep up and we all lose even when we have silver. Our government doesn't have common sense anymore. What a train wreck we are all headed for. God help us all.