Silver, above ground, is more rare than gold! There is seven times as much gold above ground as compared to silver!
Wednesday, March 19, 2014
There is a shortage of ALL precious metals compared to other metals, that's why they are considered precious. Its just how rare they are at the time. It depends on what one means by shortage.
Of course, the important question is whether in the future silver will be an industrial metal or a monetary metal. If it is the former then the abundance of supply will be a critical factor impacting the future valuation of the metal. If it is a monetary metal then above ground stocks to flow will be so large that production will be a very small fraction of above ground stocks.
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
Posted by Gordon Silverstein