Silver, above ground, is more rare than gold! There is seven times as much gold above ground as compared to silver!

Thursday, January 20, 2011

Robert Kiyosaki : $6000 SILVER ! BUY NOW!

Robert Kiyosaki : Gold has no value to it , unlike Silver which is an industrial precious metal it is used in cell phone cameras computers and most of the IT gadgets , today there is more gold on planet earth than there silver , Silver is a bargain today a year ago one ounce of gold could buy one ounce of silver today one ounce of gold could but 70 ounces of silver , it is fantastic....

Robert Kiyosaki : " Silver is a consumable precious metal. Unlike gold, which is hoarded, silver is used industrially. For years, before digital photography, it was used in film for cameras and movies. Today, silver is used extensively in electronics.
The reason this is a good fundamental reason to get into the metal today is because silver stockpiles are dwindling, so its price is driven by supply and demand...."

• Silver is consumed and gold is hoarded.

• Silver is a precious metal and is also an industrial metal that is used in electronics, medicine, water purification, and jewelry

• Today stockpiles of gold are increasing while stockpiles of silver are decreasing. (This means there's an abundance of gold and a shortage of silver).

• The gold/silver ratio is historically 14:1. This means that if gold were $14 an ounce then silver would $1 an ounce. Today, the ratio is approximately 50:1. Silver is extremely underpriced. If silver held to the historic 14:1 ratio, with gold at $1,400 an ounce then silver should be $100 an ounce -- not the $30 an ounce it is today.Today Gold to Silver Ratio is 48:1
As recently as last July the ratio was 70:1
Historically the ratio has averaged 16:1 As pointed out in the article, for these reasons some folk have been buying Silver (more accurately, silver derivative products).

I’d say the silver:gold paired trade was a much better wager last July than today.

Most folks are not aware that twice in the past 100 years the ratio has gone as high as 100:1, during times of extreme financial imbalance.

Furthermore, when one looks at the LONG term ratio charts, you can see that silver had traded at a much higher premium for several centuries in the Roman period and in the Middle Ages, at times breaking the 10:1 barrier.

As with any other financial play, it all comes down to time horizon.
Silver Shortage
GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!