Silver Is the absolute best investment for the 21st century! The opportunity we have today is a once in a hundred year phenomenon.Silver is the rarest metal on the planet, it will go to the moon, then it will go to the sun, then it will leave the solar system.
there were 12 billion ozs. of Ag in 1900 and there is only 1 billion now where did the rest go? It can't just disappear. Don't get me wrong I am bullish on silver but I think this is a legitimate question.its in mobiles, computers, appliances, batteries, medial, photography... ETC - its used in about 10,000 unqiue applications.In Mike Maloney's book "Guide to Investing in Gold and Silver" he cites the USGS that says that there are 25 years supply of silver in the ground and 30 years supply of gold.some people are saying silver could get to 50,000 an ounce ,Silver price manipulation is evident in the gold to silver price ratio which should average between 10 and 20. That is, for every ounce of gold, you should be able to buy 10 to 20 ounces of silver.
You can, at the time of recording, buy 78 times the amount of silver than gold for the same money - and yet there is a major silver shortage!
The lenders of Silver are depleting their reserves faster than it is being mined and with the recent downturn - even less mining will occur and even less silver production will eventuate as its price gets close (at some stages below) the cost of production.
silver might very well go near 1:1 ratio, but alot of people will learn to salvage from broken products such as cell phones and pc towers to salvage silver/gold scrap. still, drop the fucking worthless paper., unless your out of toilet paper, 100 dollar bills will work fine for that when shit hits the fan.In 1964, JFK started printing U.S. notes backed by our 4 billion ounces of silver. He was killed a couple months later. LBJ stopped the printing 11 days later. The PTB sold off the silver to make sure that no one else got any bright ideas. It took a while to sell 4 B ounces. It ran out Nov of 2005. I bought 2 weeks later. It's been on a tear ever since then. No big surprise. On of the new, big uses of silver is for anti-bacterial clothing. A LOT of silver is used in electrical contacts.
Silver reserves approaching ZERO. Price explosion must follow!
Silver to become a rare earth metal , it is Extremely undervalued. Silver to become extinct by year 2020 according to geologists only 300 millions ounces left! Silver is consumable industry metal it is used up : 95% gold ever found is still around 75% of silver is a by-product of mining other metal only 25% is primary product of mining,In 1480 the price of one ounce of Silver was equal to one ounce of Gold, Low supply, high demand Price to skyrocket get your silver and stay long!
Showing posts with label Silver Supply. Show all posts
Showing posts with label Silver Supply. Show all posts
Thursday, January 20, 2011
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