subscribe for free silver updates. Silver price manipulation is evident in the gold to silver price ratio which should average between 10 and 20. That is, for every ounce of gold, you should be able to buy 10 to 20 ounces of silver. You can, at the time of recording, buy 78 times the amount of silver than gold for the same money – and yet there is a major silver shortage! The lenders of Silver are depleting their reserves faster than it is being mined and with the recent downturn – even less mining will occur and even less silver production will eventuate as its price gets close (at some stages below) the cost of production. Silver reserves approaching ZERO. Price explosion must follow!
You’d think so! There is more underground – but there is less up top – 5:1 gold:silver at the moment.
Not much being mined either – as a lot of mining companies can’t get credit to start new mines etc.. its all in my vides.. watch em all.
You are saying there is 5 times as much gold then there is silver?
above ground – YES! check out the vids mate – all in there. Silver is an industry metal that is consumed – wiped clean off the face of the planet – gold isn’t. gold is horded in bank vaults. all explained in the vids – no point rehashing it all here..
I’m a silver investor as well – I like the effort you put into your videos. Can you do the silver investment community a favor? Don’t say things like, “charts don’t lie.” Holy crap man… It damages your credibility. Otherwise, thanks much for your efforts.
what do you mean – charts DON’T lie.
they might be telling you something you’re not seeing – but they never lie.
opps – i accidentally hit remove instead of reply. i guess i come from a trading background (we look at charts to assess current trends, swings etc) and a saying is “a chart never lies” – insofar as stocks – the price is the price and thats a fact… and old saying – and one I’ve carried over.
yes, indeed, in hypothetical charts like the silver above ground one – its not the right phrase to use.
HOWEVER – that particular chart is agreed on many in the industry to be accurate.
Wrong!
thanks for your thought provoking response.
RIGHT!! seee I can do it too!
BRILLIANT!!
We can all make any sort of remarks without having to say more than one word. Props to the video maker.
OH!!! you said peter schiff… you have my vote!
how many ounces would you say you have? ive heard jason hommel has alot and some guys on the silver seek forum have alot of ounces some people are going to be seriously rich when this market goes!
In Mike Maloney’s book “Guide to Investing in Gold and Silver” he cites the USGS that says that there are 25 years supply of silver in the ground and 30 years supply of gold. So, if gold is saved and silver is saved AND consumed, does that mean silver will PERMANENTLY be more expensive than gold? Go ahead and reply directly.
I have a lot of silver – I wish I could have afforded more when it went down to €7 recently, that was a real buying opportunity
Very insightful video – thanks for making it available.
I listen to Ron Paul enough to know what happened in the early 70′s
There seems to be plenty today. So what’s the deal?
“plenty” is relative.
nothings changed.
more investable gold around than silver : FACT.
Interesting article in The Huffington Post regarding the difficulty the Comex is having in fulfilling gold delivery. It’s a mainstream article which ratifies what you have been saying. Could you boost the sound volume on this post…
john, love your vids… get a better mic though… very muffled and low volume quality…. keep up the great work!
Bullion Mart? You must be crazy – their prices are way out of line compared to APMEX and GoldenEagleCoins. They have a 50% spread between buy and sell! Duh!
Perth Mint baby!
Is it crazy to think within 20 years silver will be worth over 10K USD an ounce? Something similar happened to rhodium
Your kidding right? Are you aware that 27.6 billion ounces of silver has been mined since 1900 alone? That’s 850,000
metric tonnes. The SLV trust alone posseses 300M ounces.
If there were 12 billion ozs. of Ag in 1900 and there is only 1 billion now where did the rest go? It can’t just disappear. Don’t get me wrong I am bullish on silver but I think this is a legitimate question.
@drewzillasaurusrex its in mobiles, computers, appliances, batteries, medial, photography… ETC – its used in about 10,000 unqiue applications.