Silver 2011 and beyond

Posted: 15 May 2011 by reanxyz in SilverTok


Summary of the video

in 1950 there were ratio of 1:15 gold to silver ratio available above ground. Due to industrial uses of silver in numerous applications: electronics devices, weaponry, medicines, water and wood treatment, blah. Silver had now depleted (from 10 billions oz in 1950) to 500-700 millions oz (2010 estimate) in the whole world .

Versus gold (2010 estimate)  –>7 billions Oz.

yet 1 oz Silver priced at Us$35 even when Silver is now more rare than GOLD. This means hat Silver is now highly undervalued.

Based on the simple economic law of supply and demand–>Silver value one day will exceed GOLD.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s