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

Tuesday, October 2, 2012

Peter Schiff : Why Silver Is A Buy Now

the gap in the gold to silver ratio will tighten , the 50:1 ratio is ridiculous and based on every known fundamental the ratio should be more like 10:1. Look how much silver is destroyed and not recycled. Nobody throws away gold. In the insanity ahead I expect the ratio to be 23:1 bare minimum. Gold is useless except for being money. Silver has thousands of uses where it's demand will continue to rise regardless of economic slow downs. We haven't even begun to see what a digital world will do to the prices of the best conductor; SILVER! go long stay long, be patient,---the tortoise won the race not the hare (ignore the swings and buy the breaks/dips)

MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

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!!!