
December 8, 2009
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It is shockingly apparent when looking at the fundamentals for silver that the silver price will explode in the coming years. The amount of silver above ground has been dwindling at a shocking rate over the past 20 years, and industry along with the investment community, are demanding much more.
The industrial use of silver has risen exponentially over the past 20 years. Everything from electronic devices, refridgerators, cell phones, solar panels, medical applications, batteries and more consume silver. Silver is unlike gold in that silver is thrown away in a landfill after each use. The price of silver is not high enough yet to justify recycling it.
The silver price is rising higher due to the investor demand along with a severe shortage situation. Our government has been busy suppressing the price of silver, illegally, to falsely prop the dollar up. Buying silver coins, silver bars, silver bullion, and silver stocks will be the smartest decision you ever make financially.
Some economists are expecting a silver price of $1,000/oz or more. If you do not wish to be out of the stock market, then prepare to lose big time on the market. If you are in stocks, money market accounts, cash value insurance policies, and bonds you need to get you money into gold and silver.
The silver to gold ratio is historically 15:1, but today that ratio fluctuates between 60 and 70. The silver to gold ratio is how many ounces of silver it takes to buy one ounce of gold. The silver to gold ratio is out of wack because our government has intervened in the markets and is suppressing the price of silver.
The COMEX short sellers are way over their contract limits, illegally, and they have kept the price artificially low for a long time. The way these short sellers (JP Morgan, HSBC) do this is by borrowing contracts and then short selling them onto the market. Most people who choose to sell short are betting that the market will go down. If it goes down then you take a profit.
Each time these banks flood the market with silver by short selling, it pushes the price down. These banks are eventually going to have to cover their short positions when they can no longer hold the price down due to physical demand. When the manipulation ends, and it will be sooner than later due to the physical demand, investors not already positioned will be left holding paper.
Even though it is illegal, these banks continue to be way over their position limits. This is coming unraveled as we speak, and the COMEX has already proven they do not have the gold they claim to have. The COMEX is on the verge of defaulting on physical delivery.
The market for silver is miniscule compared to any other market. When investors catch on to the fake stock market rally and start looking for quality, it may be too late. The small size of the silver market will allow for massive profits, but you must be positioned now to take advantage of this bull market. Protect yourself, your family, and your friends by buying silver. You will thank yourself for that.
God bless.
Please click the link will silver outperform gold? to learn more about silver.
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