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!
Silver, above ground, is more rare than gold! There is seven times as much gold above ground as compared to silver!
Saturday, July 6, 2013
Physical Demand And Silver-To-Gold Ratio Signal Strong Rally In Silver Prices
Silver prices have slumped to deeper lows in June 2013 after having been smashed big time earlier in April. Technical indicators suggest an extremely oversold condition and that a rise seems imminent. On a weekly basis, RSI (relative strength indicator) is at the lowest in 40 years of data and nearly that low on a daily basis. This timing indicator suggests that silver is extremely oversold on both a daily and weekly basis. Gold is similarly oversold. Technically, a rally in gold and silver prices is
Take a look at a recent statement by GATA: Market-rigging central banks laugh at technical analysis and 'fundamentals'
GATA said: "Technical analysis of a manipulated market like gold has been tedious nonsense for years, but these days, with virtually infinite paper dropped on the gold futures market at illiquid times to drive the price down even as the physical market remains strong, technical analysis has become insulting. The only analysis worth anything anymore is the identification of the source of all the paper. The suspects are obvious - Western central banks."
absolutely unavoidable. Then why have bullion seen a steep and steady decline in prices? Having said about Gold and Silver being in technically oversold conditions, market manipulation yet, will of course play its own part in defining price direction, even though for a small volatile period now.
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 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!!!