Silver, above ground, is more rare than gold! There is seven times as much gold above ground as compared to silver!
Monday, April 7, 2014
Taking a shine to silver - a silver shortage is upon us
Precious metals have long been viewed as safe haven assets, providing balance to investment portfolios. Obviously, gold is already established as a common retail investment but silver is now in focus. With its many industrial uses, silver can outperform when economies return to growth as well as providing essential hedging in downturns.
When confidence in central bank-issued fiat money (money that derives its value from the state/government) begins to fade, investors look for secure stores of wealth. They run to gold and also to silver; especially in the US.
Historically, the ratio between the gold and silver price has been about 12:1. This means it took 12 ounces of silver to buy one ounce of gold. The ratio is now closer to 60:1, which defies the relationship that the two metals have had over the last 100 years and suggests that silver could be massively undervalued.
read more @ http://www.fundweb.co.uk/fund-strategy/alternatives/taking-a-shine-to-silver/2007566.article
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