The National Inflation Association has declared silver the best investment for the next decade.
Throughout world history, only ten times more silver has been mined than gold. If you go back about 1,000 years ago between the years 1000 and 1250, gold was worth ten times more than silver worldwide. From year 1250 to 1792, the gold to silver ratio slowly increased from 10 to 15 and the Coinage Act of 1792 officially defined a gold to silver ratio of 15. The ratio remained at 15 until forty-two years later when the ratio was increased in 1834 to 16, where it remained until silver was demonetized in 1873.
The gold to silver ratio remained between 10 and 16 for 873 years! It is only over the past 100 years that the gold to silver ratio has averaged 50. History will look back at the artificially high gold to silver ratio of the past century as an anomaly, caused by the dollar bubble and the world being deceived into believing that fiat currencies are real money, when in fact they’re all an illusion. Next decade, the fiat currency experiment will end badly in a currency crisis. The wealthiest people will be those who bought silver today and were smart enough to research and pick the best silver mining stocks.
It Took 22 Years to Get to This Point
Speaking to author and podcaster Dana Parish, former Centers for Disease Control and Prevention...
The United States just made a decision that could lead to World War 3. The current ruling class...
This article was originally published by Lance D. Johnson at Natural News. In the global war to...
Russia has just announced that conscription in the former Soviet Union is "unnecessary" as...
Commenting Policy:
Some comments on this web site are automatically moderated through our Spam protection systems. Please be patient if your comment isn’t immediately available. We’re not trying to censor you, the system just wants to make sure you’re not a robot posting random spam.
This website thrives because of its community. While we support lively debates and understand that people get excited, frustrated or angry at times, we ask that the conversation remain civil. Racism, to include any religious affiliation, will not be tolerated on this site, including the disparagement of people in the comments section.
In the past pretty much everybody was smart enough to mine gold. come on, it is shiny. Frequently silver comes in the form of ore, and so it was difficult to spot by uneducated people. Also it was less trivial for them to mine. In modern times most gold is mined by smart people using industrial methods. So the shiny benefit is no longer applicable. That is why a bigger price ratio is justified.
However I personally have a bigger investment in silver, because I hear a lot of talk about gold prices rising. You don’t hear that much about silver, so it is less likely to be a bubble.
Besides that silver lost it’s use in film over the past decade. This depressed the price. Price depressions generally overshoot market value.
Also, instead of photography silver can find other technical uses. People did not use it, because photography competed for silver. Now it will be used more in applications like soldering, processor cooling, and catalysis.
I originally started investing in gold, gold seems to get all the attention and the gold people are talking about what a great year o nine was. Silver outperformed gold by a lot. Gold has had a good decade but I really think if the comex can do something about the evil jp morgan and allow silver to rise like it should there is no limit for silver. There is more gold in the world than silver. I have recently been investing in hundred ounce bars of silver and plan on doing it throughout the year.Â