Will the silver price explode

written by: Garrett Strong; article published: year 2009, month 11;

In: Root » Legal and finance » Investing

  Share  
|
  PL  |  NL  |  FR  |  ES  |  PT  |  IT  |  DE  |  DK  |  NO  |  SE  |  FI  |  GR  |  JP  |  CN  |  KR  |  RU  |  AE


Most investors are even remotely aware that the silver price will explode in the near future. China is now promoting public ownership of silver to 2 billion people, and the demand in the U.S. is at all time highs. The strain on the silver market is extreme, and the amount of silver available is not even close to supplying the demand.

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.

Investor demand is pushing silver higher as inflation rears its head. The dollar is being falsely propped up by our government, and one way they are doing that is by manipulating the price of silver down. Silver stocks, silver bullion, silver coins, and American Silver Eagles will be the best investments in the coming years.

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 ratio of silver to gold over the past 6,000 years has been about 15:1. This means that it historically took 15 ounces of silver to purchase an ounce of gold. For a long time the ratio has been about 70:1, and this is due to extreme manipulation by our government and U.S. banks.

On the COMEX (Commodities Exchange), there are a few banks who are short selling silver, illegally. These banks are way over their position limits is silver, and each time they sell short they are pushing the price of silver down. The physical demand for silver will soon bring an end to the long time market manipulation in the price of silver, and the silver price will go to the moon.

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.

These banks are illegally abusing the system, and the regulators are allowing them to do it. Silver investors must be patient. The price is going to skyrocket, but it may not be tomorrow. A default on the COMEX is probable for people wanting to take physical delivery of their contracts, and when that gets out to the public then look out.

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.

Share

Disclaimer

1) E-articles is not responsible for the information contained by this article as well for any and all copyright infringements by authors and writers. E-articles is a free information resource. If you suspect this article for any copyright infringement, please read the terms of service and contact us or use the "Report this article" button on this page to investigate the problem.
2) E-articles is not responsible for inaccuracies, falsehoods, or any other types of misinformation this article may contain and will not be liable for any loss or damage suffered by a user through the user's reliance on the information gained here.