To put it simply, it is getting harder and harder to mine silver, taking more time and energy, both human and liquid, in order to get silver out of the ground. Right now for every ten ounces of silver mined the world is mining one ounce of gold. Gold, however, is trading 53 times higher than silver. The opportunity in silver is epic. The paper price suppression has made silver the biggest buy ever.
Silver, a physical commodity that is needed for everyday uses, is being traded on the Comex at least a hundred times more than the actual physical supply. This has made it possible for a billion ounces of silver to be traded every single day in the paper markets.
The supply of silver has been distorted and investors have been deceived into selling silver for $30 per ounce.
FutureMoneyTrends.com believes the suppression has become a gift for the average person to finally strike back at the heart of the machine that has benefited from the fiat currency system.
Earlier this year we saw silver touch $50. It promptly retreated to pundits’ calls implying the precious metals bubble had burst. Believe the fiat cheerleaders if you choose.
The reality is that silver hit $50 when average people around the world smelled crisis. We stronly believe that the economic and financial crisis which gripped the world in 2008 has only gotten worse. The governments of the globe have been able to paper over the problems and kick the can down the road a bit further. But look around.
We have leaders in G-20 nations – industrialized, first world economies – now discussing the real possibility of collapsing currencies, breakup of the European Union, riots in the streets, and as Fed Chairman Ben Bernanke noted, even bank runs.In his words, not ours:
They are unable to contain the of contagion. The risk is real. It is spreading. And we’re all infected.If there were a disorderly default, which led to, for example, runs or defaults of other sovereigns or stresses on European banks, it would create a huge amount of financial volatility globally that would have a very substantial impact not only on our financial system, but on our economy. So, it’s a very, very serious risk if that were to happen.
It has been said that silver and gold are investments that protect against inflation. While this is true, inflation is merely a symptom of a far more dangerous underlying issue. We are witnessing the collapse of entire nations, and as a result politicians and financial leaders are taking extreme steps like the printing of trillions of dollars and euros in an attempt to save the system. Silver and gold have, throughout history, been the safe haven asset of last resort. It’s the only financial asset guaranteed to maintain or rise in value when the people lose confidence in their government.
This imminent shift into silver as protection against collapsing sovereign governemnts, economies and financial systems will, in our opinion, drive silver to highs never before seen.
We know – you can’t eat silver. But for those who have already taken our advice and invested in food, barterable goods and post-collapse trade skills, consider silver as a way to keep your wealth portable and safe.
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