Why Silver Will Reach At Least $1000 An oz
Silver Is The Most Undervalued Asset In The World Today! Why? There is Less Silver Than Gold In The World Today Because Silver is Heavily Consumed Where As Gold Is Horded!
We Have Silver In Most Of Our Technology Which We Are Using Every Day
Mobile phones, Mirrors, Computers, Circuits, Batteries, Cars, Solar Panels, Clothing & Even Medicine (The List Goes On)
Right Now The Silver to Gold Ratio Is At About 65 to 1... However The Real Mining Ratio is Actually More Like 9 to 1
For Every 1oz Of Gold They Mine They Mine 9 oz of Silver.
Many Silver Mines Are Closing Down due to profit pressures & It Is Said That There Is Less Than 5 Years Of Silver Mining Left.
Samsung Have Also Quietly formed an agreement with Avino Silver & Gold Mines Ltd.
So If Another Technology Company Was To Announce A Similar joint venture With A Silver Miner,
It Would Create An Industrial Panic & We Would See The Price Of Silver Sky Rocket!
The Day Is Not Far When The Dollar Will Fall & This Alone Will Drive The Prices Of Gold & Silver Up With Gold Expected To Reach At Least $10,000 an oz according to Jim Rickards & with the real ratio of Silver & Gold Silver Should Reach $1000 an oz when Gold Reaches $10,000 an oz.
The Artificial Suppressed Silver Prices Can Not Hold For Much Longer & China Knows This & Has Been Buying So
Much Gold & Silver As They Know What Is Going To Come.
Robert Kiyosaki The Author Of Rich Dad, Poor Dad Has Predicted Silver To Reach $6000 an oz
You Can Also Watch This Short 2 Part Video On His Thoughts On Silver
I have mentioned this before in a previous post https://steemit.com/investment/@stillsafe/buy-at-least-1000-silver-coins-and-you-ll-be-a-millionaire-soon if you buy at least 1000 Silver coins you will be a millionaire soon as long as you sell when it reaches the $1000 an oz.
Great article! If I had some money to invest in Silver I totally would.
Nice post!
Value of silver should be higher.
Silver have a lot of industrial applications, gold -- not.
I will invest some in silver when it falls a little.
Now we are in high risk economy (brexit, problems in china, oil on minimals) and many investors moved their capitals to gold and silver...
Don't buy silver! Buy companies that produce silver!
Thank you! :) Definitely buy both! However Tangible Physical Physical Silver Is Far Less Risker! Stocks & Shares are electros which can be hacked! Physical Silver can't be hacked!
Thank you very much Kaylinart! if you do invest make sure you invest in the coins as they are CGT FREE and give you more flexibility. :)
I get your lake of funds. We are in the midst of a depression and food lines/foodstamp lines are long. My suggestion is buy one ounce a month. Or once per paycheck. Better than all thosre high doller 401ks and pentions that could roll over in a day. I personnally flushed my pention and am all in. "If it is not in your hand..." Best of fortune, and Yah bless.
kaylinart, start small, a roll of 90% silver dimes. If people ask what you want for your birthday say a silver coin.
The problem with silver hitting $6000/oz is our economy. Once that happens all bets are off because people will horde it like Bitcoin. Once they horde it then anything that depends on silver will disappear. Metals would destroy our markets if the actual value was finally revealed. I stack silver and will continue doing so but those that are thinking of investing better think about food, water, bullets and supplies before moving into metals. A bottle of water in an uncertain times will go a LONG way.
Just sit back and cash them in! I hope it happens for you and I have a feeling silver is about to head to the moon! DR.
A great way to get coins is on purse.io and you can pay with BTC.
Silver is so tricky to value because i believe it is extremely manipulated by the big banks. I can definitely see it been worth at least $100 an oz in the near future. Great article by the way ☺
Thank you very much :) & if it was not already suppress by the big bankers it would already be there.....
I agree with your post just dumped 10k in first majestic silver i hope it goes up that high .... thank you for the post
Smart move! Also check out Brazil Resources Inc current price 2.61 CAD
I will check it out . Thanks for the tip
Silver investing is just plain silly, investing in Silver has no real merit; silver is just a reactive metal that is always going from shiny to jet black in colour.
Many silly Americans buy shiny silver American Eagles for hugely overvalued prices, so if Silver ever gets to be worth something all of those mega tonnes of Silver will be melted down real quick...
Who knows what the price of Silver will do but if it begins to become valuable the country of India has vast reserves it has never had a reason to mine. So if the price of Silver ever tries to rise India will just dig up those huge reserves.
Invest in something with a future, but Silver; it is going no place...
Thank you for your comments Squirrel, however I have to disagree with you when you say Silver is going no place.
The Supply is going down and the demand is on the up like never before. The silver prices are already suppressed, so with these basic fundamentals it is without doubt to sky rocket! I mentioned in my article that Samsung have Quietly formed an agreement with Avino Silver & Gold Mines Ltd.
So If Another Technology Company Was To Announce A Similar joint venture With A Silver Miner,
It Would Create An Industrial Panic & We Would See The Price Of Silver Sky Rocket! This day will soon come! :)
Well you got your message out so that is a good thing, wish you well and hope you make a lot of gold ;) Good luck with your venture; make it turn into a true adventure :)
Thank you squirrel! :) I wish you all the best too.. Talk to you soon in another post no doubt :)
It would probably take 10 years before those mines were in full production... plenty of time for the price of silver to parabolic.
This makes me feel good about the recent silver purchases I've made. Thanks.
Good I'm glad :)
That´s true, silver is cheaper than gold - just look at the gold/silver-ratio.
Im with you 100%