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.
Silver is an industrial metal as well as a monetary metal. Industrial uses for silver are growing at an exponential rate. Since silver is used in solar panels, water filters, medical applications, electronics, and more, the demand for silver is at record highs. Silver is not recycled like gold either, but is thrown away into land fills to never be seen again.
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.
Economist Bob Chapman has stated that gold will go anywhere between $7,000 and $12,000 per ounce. Silver follows right along with gold in any price movements. You are going to get slaughtered if you stay in dollar related assets. If you are invested in stocks, bonds, cash value insurance policies, annuities, and anything denominated in U.S. dollars, you should get out of them while the market is still high.
Silver has a long, long, long way to go to reach its historic ratio to the price of gold, which is 15:1. It has historically taken 15 ounces of silver to buy one ounce of gold, and right now that ratio has been floating between 60-70. The gold/silver ratio is way out of wack due to government manipulation of the silver market.
The price of silver is held down by manipulation on the COMEX. JP Morgan and HSBC are the major short sellers of silver, and they are illegally over their position limits by thousands of contracts. The short sellers are illegally controlling the price, but the physical demand surfacing will soon end any price manipulation, and the price of silver will go bananas when that happens.
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.
Just a tiny amount of investors buying silver would send the price sky high. The market is so small, and when people realize that this fake market rally is a reality, they will do all they can to buy into silver. The market will get away from you if you are not positioned because of the tiny size of the market. The greatest bull market is under way right now. Do yourself and your family a favor and get into silver ASAP.
God bless.
For more information or if you have more questions on will silver outperform gold?, then click on the link to see more articles.
