The Coming Silver Shortage

silver as an investment is a long-term strategy. The stock market rally is FAKE!!! The housing rally is FAKE!! Just as fake as they were pre-2008. Remember what happened then? Multitudes were wiped out! Unless you have a crystal ball and know exactly when to get out, it'll be deja vu all over again. Good luck with that.



The Law of "Supply and demand" is about to kick in and the planets are lining up, for Precious metals. The economy is still in a downward spiral, MILLIONS are unemployed, social unrest is rearing it's ugly head, the War drums are beating and the printing presses are feverishly cranking out MONOPOLY MONEY, 24/7. An economic train wreck can't be too far behind!
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 is more useful as an industrial metal

One of the reasons people mention to invest in silver is that this precious metal could - according to some - return to a monetary asset somewhere in the future. This is because people will fall back on silver coins as an alternative means of payment, once fiat money becomes worthless. This is because silver has retained value throughout the years. Despite this, it is very unlikely to expect central banks and governments to embrace silver coinage once again. To understand this, we only have to read the speech president Lyndon B. Johnson gave when he signed the Coinage Act in 1965...

Silver as money

For centuries silver has been used to create coinage, because the metal has some beneficial properties. The total above ground supply of the precious metal was relatively big compared to the annual mining production, which gave some stability to the price of the metal. Also, silver is very resistant to corrosion and it has anti-bacterial properties. These properties are great for a piece of metal that has to circulate from one person to another.
Two generations ago, silver was still widely used for the production of official coinage, but today all countries have abandoned the use of the precious metal for coinage. The silver coins still do exist, but they are hoarded because of their intrinsic value. Bags of silver coinage can be bought all over the world for the spot price of silver.
For day to day payments silver coinage has been replaced with coinage made from base metals like zinc and nickel. Also, coinage in general is gradually being replaced with digital bank transactions.
In 1967, the Netherlands stopped producing silver coinage. The guilder and the 2,5 guilder coins were no longer minted with 72% silver. In 1970 and 1973, the last 10 guilder coins with 72% silver content were minted. Since then, the guilder was made out of nickel and the silver coins started to disappear from circulation. Today, the silver coinage can still be bought for their intrinsic value.






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

Gold-silver price ratio may fall as gold cools faster

MUMBAI: The price of gold might fall more than that of silver this year, taking the price ratio between the two precious metals back towards its five-year average. Gold has been on a downtrend as pickup in global economies has reduced demand for this safe asset. This may offer music to the ears of Indian consumers, as they begin to purchase jewellery for the festival and marriage seasons. ET data show the gold-silver ratio averaged 55.71 in the five years through end-2013.

 Read more at:http://economictimes.indiatimes.com/articleshow/43152055.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst




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

The Unavoidable Silver Shortage

Last year, total mine production of Silver was 819 million ounces, but demand for silver was 1.1 billion ounces.
Therefore, there was a 262 million ounce shortfall in silver. Thus far, the shortage has been mostly met by using recycled silver and from government stockpiles. Even so, the shortage is there.

Looking At The Numbers

Recently published data points argued that recycled silver cannot continue to meet the gap between supply and demand. The supply of recycled silver dropped 24% last year, which is the largest decrease on record. Supply is also falling. Seven of the ten leading silver mines produced less silver in 2013 than in 2012. Production in the Silver State, Nevada, is down 70.4% over the past 16 years. The US Geological Survey reports that ore grades have collapsed 90%, which means that far more ore has to be mined in order to produce the same amount of silver. Exploration has also come to almost a complete halt due to higher financing costs, so there is little chance of new finds of sources of silver.
On the demand side, physical demand has increased 13%. Last year the U.S. Mint actually sold out of silver products, reports said. China’s use of silver for solar panels was less than 1 million in ounces in 2005, but in 2013 China used 35 million ounces just for solar panels. In 1999, the amount of silver used in solar panels in the United States was not even reported. By 2015, 100 million ounces of silver are projected for solar energy use.
Some 62% of silver is used for industrial applications, 21% for jewelry, and 12% for coins. Given these used, the data argues that “95% of all silver consumed is gone, never to enter the supply side again.
 http://www.investing.com/analysis/alternative-assets:-the-unavoidable-silver-shortage-222934







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 Coinage Act

Back to the US, where the silver coinage was abandoned earlier with the Coinage Act of 1965. On 23 July 1965, president Johnson held a speech before Congress in which he explained why the government was about the stop minting silver coinage. I would like to highlight the following part of the speech.
"Now, all of you know these changes are necessary for a very simple reason--silver is a scarce material. Our uses of silver are growing as our population and our economy grows. The hard fact is that silver consumption is now more than double new silver production each year. So, in the face of this worldwide shortage of silver, and our rapidly growing need for coins, the only really prudent course was to reduce our dependence upon silver for making our coins. If we had not done so, we would have risked chronic coin shortages in the very near future."




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 is a Scarce Material

Coinage Act

Back to the US, where the silver coinage was abandoned earlier with the Coinage Act of 1965. On 23 July 1965, president Johnson held a speech before Congress in which he explained why the government was about the stop minting silver coinage. I would like to highlight the following part of the speech.
"Now, all of you know these changes are necessary for a very simple reason--silver is a scarce material. Our uses of silver are growing as our population and our economy grows. The hard fact is that silver consumption is now more than double new silver production each year. So, in the face of this worldwide shortage of silver, and our rapidly growing need for coins, the only really prudent course was to reduce our dependence upon silver for making our coins. If we had not done so, we would have risked chronic coin shortages in the very near future."

 http://seekingalpha.com/article/2473235-why-silver-will-not-return-as-money


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

The Coming Silver Shortage .

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 as Money

For centuries silver has been used to create coinage, because the metal has some beneficial properties. The total above ground supply of the precious metal was relatively big compared to the annual mining production, which gave some stability to the price of the metal. Also, silver is very resistant to corrosion and it has anti-bacterial properties. These properties are great for a piece of metal that has to circulate from one person to another. Two generations ago, silver was still widely used for the production of official coinage, but today all countries have abandoned the use of the precious metal for coinage. The silver coins still do exist, but they are hoarded because of their intrinsic value. Bags of silver coinage can be bought all over the world for the spot price of silver. For day to day payments silver coinage has been replaced with coinage made from base metals like zinc and nickel. Also, coinage in general is gradually being replaced with digital bank transactions. In 1967, the Netherlands stopped producing silver coinage. The guilder and the 2,5 guilder coins were no longer minted with 72% silver. In 1970 and 1973, the last 10 guilder coins with 72% silver content were minted. Since then, the guilder was made out of nickel and the silver coins started to disappear from circulation. Today, the silver coinage can still be bought for their intrinsic value. http://seekingalpha.com/article/2473235-why-silver-will-not-return-as-money 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

3 Reasons Why I Am Bullish on Silver

By Matt Smith

Global stock markets continued to be wracked by rising volatility because of a range of economic and geopolitical events that are fueling greater concern among investors. This is generating renewed interest in precious metals, including gold, silver, and platinum, as investors seek safe-haven investments to avoid this volatility.

1. Geopolitical and economic risk is rising

Economic and geopolitical crises are gripping the globe. Earlier this year, emerging markets plunged as the Argentine peso was sold off; now Argentina has defaulted yet again on its debt, and there is growing concern that Portugal’s banking system is nearing collapse.

Conflict is raging across the Middle East, with insurgents controlling swathes of Syria and Iraq, renewed open warfare between opposing parties in Libya, and Israel continuing to prosecute a war against Hamas in the Gaza Strip. War in the Ukraine is also intensifying, with it fast becoming a proxy conflict between the West and Russia, fueling further concern about how far it will escalate.

These developments have thrown the spotlight firmly on safe-haven investments and will continue to push silver prices higher as investors seek a cost-effective alternative to global stock markets.

2. The gold-to-silver ratio widens further

Historically, there has been a close correlation between the prices of silver and gold. This is expressed in the form of the gold-to-silver-ratio, indicating how many ounces of silver are needed to buy one ounce of gold. Over the years this ratio has fluctuated wildly, falling as low as 20 ounces of silver to buy one ounce of gold in 1970 to a high of 89 ounces in 1991.

For the year to date, the ratio has widened, now requiring 66 ounces of silver to buy an ounce of gold. This is well in excess of the historical average of 47 ounces over the last century and well above the figure 43 ounces required at the height of the gold bull market.

If silver correlates to gold at the same level as at the peak of the gold bull market, then silver offers potential upside of 53%. Even if the ratio narrows to the average over the last century, there is potential upside of 40%.

This indicates that now is the time to buy silver as a hedge against both inflation and as a safe-haven investment in place of gold.http://www.fool.ca/2014/08/18/3-reasons-why-i-am-bullish-on-silver/



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

Recycled Silver cannot continue to meet the gap between supply and demand

Recently published data points argued that recycled silver cannot continue to meet the gap between supply and demand. The supply of recycled silver dropped 24% last year, which is the largest decrease on record. Supply is also falling. Seven of the ten leading silver mines produced less silver in 2013 than in 2012. Production in the Silver State, Nevada, is down 70.4% over the past 16 years. The US Geological Survey reports that ore grades have collapsed 90%, which means that far more ore has to be mined in order to produce the same amount of silver. Exploration has also come to almost a complete halt due to higher financing costs, so there is little chance of new finds of sources of silver.
On the demand side, physical demand has increased 13%. Last year the U.S. Mint actually sold out of silver products, reports said. China’s use of silver for solar panels was less than 1 million in ounces in 2005, but in 2013 China used 35 million ounces just for solar panels. In 1999, the amount of silver used in solar panels in the United States was not even reported. By 2015, 100 million ounces of silver are projected for solar energy use.






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

The supply of recycled silver dropped 24% last year

Recently published data points argued that recycled silver cannot continue to meet the gap between supply and demand. The supply of recycled silver dropped 24% last year, which is the largest decrease on record. Supply is also falling. Seven of the ten leading silver mines produced less silver in 2013 than in 2012. Production in the Silver State, Nevada, is down 70.4% over the past 16 years. The US Geological Survey reports that ore grades have collapsed 90%, which means that far more ore has to be mined in order to produce the same amount of silver. Exploration has also come to almost a complete halt due to higher financing costs, so there is little chance of new finds of sources of silver.

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 to Gold Ratio is way out of whack

It's important to note that silver is a precious metal due to its rarity, but it is also used as an industrial metal as listed above. What makes silver so, so very special is that at the rate it is being used now it will be gone by 2020. Does that sound crazy? If so, that is a statement taken from the USGS (United States Geological Society). Gold is a precious metal as well, but gold only acts as a store of wealth. It is used very little in industrial applications. So, what makes silver such a great investment besides what I have talked about? Well, silver is only about $19/ounce right now! That is an absolute steal considering that historically it has taken about 15 ounces of silver to buy one ounce of gold. Right now that ratio is at about 70 ounces of silver to buy one ounce of gold. So, the ratio is way out of whack and must go lower. Many experts state that the silver to gold ratio should be about 10:1. In other words, there should be about 10 ounces of silver in the ground for every one ounce of gold. The ratio is now 70:1, and it is only kept this way by market manipulators. Once the manipulation ends, silver will skyrocket. What's more, the amount of silver being used for industry has been increasing year after year due to the demand for electronics. China, India, and other nations who are industrializing are putting a huge demand on the already over stretched silver market. 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

Why Silver Will Not Return As Money

Summary

• Silver is more useful as an industrial metal.
• Using silver as coinage would drive up prices.
• Fiat money is just as effective as a medium of exchange.

One of the reasons people mention to invest in silver is that this precious metal could - according to some - return to a monetary asset somewhere in the future. This is because people will fall back on silver coins as an alternative means of payment, once fiat money becomes worthless. This is because silver has retained value throughout the years. Despite this, it is very unlikely to expect central banks and governments to embrace silver coinage once again. To understand this, we only have to read the speech president Lyndon B. Johnson gave when he signed the Coinage Act in 1965...

Silver as money

For centuries silver has been used to create coinage, because the metal has some beneficial properties. The total above ground supply of the precious metal was relatively big compared to the annual mining production, which gave some stability to the price of the metal. Also, silver is very resistant to corrosion and it has anti-bacterial properties. These properties are great for a piece of metal that has to circulate from one person to another.
Two generations ago, silver was still widely used for the production of official coinage, but today all countries have abandoned the use of the precious metal for coinage. The silver coins still do exist, but they are hoarded because of their intrinsic value. Bags of silver coinage can be bought all over the world for the spot price of silver.
For day to day payments silver coinage has been replaced with coinage made from base metals like zinc and nickel. Also, coinage in general is gradually being replaced with digital bank transactions.
In 1967, the Netherlands stopped producing silver coinage. The guilder and the 2,5 guilder coins were no longer minted with 72% silver. In 1970 and 1973, the last 10 guilder coins with 72% silver content were minted. Since then, the guilder was made out of nickel and the silver coins started to disappear from circulation. Today, the silver coinage can still be bought for their intrinsic value.

 read more @ http://seekingalpha.com/article/2473235-why-silver-will-not-return-as-money



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