Recently, silver has been in a more extreme bull market than gold. That means the gains we could see going forward could be astronomical. You see, the price of silver per ounce has usually been equal to around 1/16th of an ounce of gold — meaning it took 16 ounces of silver to equal a single ounce of gold. But over the past decade, gold has taken off, leaving silver behind — that is, just until recently. Take a look at this chart:
In the last ten years, silver has returned 609%, while gold has returned 439%. As you can see, silver is on a tear. But it still has to DOUBLE in price so it’s where it should be in relation to gold.
John Embry, Chief Investment Strategist of Sprott Asset Management, says: “When silver breaks free, I think many people are going to be shocked by how fast and far it goes.”
Multimillionaire and one of the world’s greatest investors Jim Rogers says: “If you put a gun to my head and said you had to buy one, I would buy silver rather than gold.”
The fact is demand for silver is on the cusp of hitting historical highs. Unlike gold, silver has a host of crucial industrial uses…It’s in more of our most useful devices than any other commodity besides petroleum. Silver is needed in just about every electronic device made — from TVs to computers to electric cameras to iPads. It is also important in batteries, disinfectants, solar energy, and water purification. The list of products that need silver is enormous and constantly growing — including the two biggest areas of all:
Meanwhile, the supply of silver is in a downtrend of historic magnitude. Silver inventories have fallen 92% since the start of the 20th century. We actually have 5x more gold than silver in above-ground supplies. It makes sense when you think about it… 90% of the gold ever mined has been saved, but 90% of all the silver ever mined has been used up for industrial purposes. At the current rate of use, all known silver reserves will be depleted in less than 30 years. And if that’s not enough to raise the hairs on your neck, then get a load of this… If the rest of the world starts consuming silver at just half the rate of the United States, it will be gone in eight years.
As that date approaches, silver’s run-up of the past couple of years will look like a mere blip on the radar screen. Silver’s coming surge will give investors the chance to make a killing. This is an amazing opportunity you will not want to miss out on and investing in antique french sterling silver flatware and tableware products is the ideal, practical way to take advantage of the tremendous gains coming. And, in the meantime, they can be enjoyed by the entire family.
Today, we sit at a historic crossroads. It’s a once-in-a-lifetime moment when you can make a huge fortune on silver. Even though the major resources — gold, silver, platinum, copper, zinc, etc. — have had some astounding runs, we are not anywhere close to the end of this precious metals bull market. You see, the United States is in terrible economic shape, plagued by an out-of-control national debt. And it’s doubtful we’ll get out of it anytime soon. As a result, prices of gold, silver, platinum, and other resources have started climbing… In fact, I’d say that in five years, all of these things — gold, silver, and platinum — will be much higher in value than they are today.
Some currency analysts are calling for silver to hit $200 an ounce.
It’s a commodities bull market you don’t want to miss out on.