Silver set for lift off

by Silver lining

With the Fed's recent announcement of infinite QE3 the obvious consequence will be ever increasing inflation. The fundamentals look good for gold and especially silver. Most people are looking for a safe haven as a hedge against inflation. The major bullion dealers like and Sprott Asset management continuously report that they are selling the same amount of gold and silver in dollar terms. With the current silver to gold ratio at 1:51, this means that for every 1 ounce of gold sold, 51 ounces of silver are being sold. Coupled with high industrial demand for silver and the expected near future silver shortage, this trend cannot continue without a drastic decrease in the gold silver ratio. The average historic gold silver price ratio was 16:1. One must keep in mind that this was in the pre manipulation days and way before silver had so many industrial functions. It was at a time when there were many times more above ground silver than gold. Today it is completely the opposite. Above ground silver is at least 3 times less than gold. Manipulation or not, silver is destined to go much higher. Recent reports suggests that the US Mint at Westpoint is struggling to keep up with demand for the US Silver Eagle despite minting a double shift. Demand for physical silver from 2009 - 2011 were only met by government stockpiles and silver scrap. It is official that US Government silver stock piles are currently at zero. As inflation will continue to increase, the demand for precious metals will continue to increase. Since gold will become unaffordable for most Americans, demand for physical silver will continue to increase. We all know what that means for the silver price. For that reason experts like Eric Sprott, David Morgan, Mike Maloney, Peter Schiff and many others have called physical silver the investment of this decade. If you are worried about your kids future, investing in physical silver is the best gift you can give them one day. Forget about saving for college since there might not be jobs for them and most likely you will not get your desired returns in an ever declining paper market.

Click here to post comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Comments.

The #1 Reason to Own Silver Now?

Feedback from readers...
"Silver Coin Investor is cutting edge and has it all...the value I receive from your website and The Lewis and Mariani Silver Letters is far, far greater than the small subscription cost. I am finding that I don't need any other source for silver research and knowledge. Thanks Jeff. I mean that.
Vic (UK)
"I find any information I can learn about investing in silver interesting. Your website and e course have taught me a few things I didn’t know. You’ve provided some good reading and links about something I love as a hobby and my and my family’s future. Thank you"
Dennis - Mount Sterling, Kentucky
"I've been reading on silver on many sites, I find your information more practical and straightforward and full of content, thanks".
Xavier - Barcelona, ESP
"Your website and E-Course helped provide a different take on the metals".
Paul - Beckley, West Virginia
"I appreciate the educational aspects of your website/e-course. Your course has helped to reinforce my decision to purchase more silver".
Spencer R. - Loomis, California
"I appreciate your sharing your vast knowledge with those of us who are learning about the potential for silver investing".
Thomas - Peoria, Arizona
"I have a very busy schedule and your course updates keep me focused on the "silver strategy"
Bob M. - Kitchener, Ontario
"I've read your articles on Market Oracle and I appreciate the clarity in your writings. You confirm what I believe, that silver has a huge upside and if patient will pay off".
Ken - Littleton, Colorado
"Well it helps confirm my conviction that silver is far better metal to invest in than gold or any of the other metals because of its monetary, medical, and industrial uses. So it really has a realistic unrecognized potential that I feel the gold bugs overlook. I read and research a lot of different sources and you help me stay balanced in my approach. Thanks for the course and keep up the good work!"
Bill - Columbus, Ohio
"This course and website is slowly restoring my confidence as an investor in silver. At one point I was ready to unload it all at rock-bottom prices. Since I've read the letter I've held on.
Kim - Saint Thomas, Ontario
Thanks for making it all free and very simple.
Jim - Kingsland, Georgia
"The E-Course is very upbeat and has helped me to feel more confident about the future of Silver!" -
John J. - Harrisville, New Hampshire