Cash for Gold Scam
Silver Snowball Preparation Today
On a long term basis silver is the best investment you can afford. The current price is about $21 dollars an ounce.There are many factors involved in acquiring silver The worldwide demand exceeds worldwide supply. About 670 million ounces of are mined every year. The demand is for about 850 million ounces.
This simple difference between supply and demand produces a market dominated and controlled by brokers and wholesalers. Silver reclamation, or recycling brings in about 150 to 180 million ounces a year. That takes up the difference. So whats left over for investors?
The only raw product left over for investors is the availability of above ground stockpiles. Those stockpiles are going down.This will produce a trigger point where supply will cause a rush on whatever can be found, in whatever form. If you want to prepare for disater then the best way is to be silver rich. The inverse manipulation of gold prices to silver is flipping.
So what are the varied uses of this metal?
1. As money.
2. For industry. Electric lights, computers, cell phones, electric batteries, the list continues to grow.
3. As an antibiotic. Used to help heal patients when antibiotics fail. Increasing medical uses.
4. Medical equipment, and intravenous equipment is treated with silver solutions.
5. There are over two thousand uses for this metal. You cannot have an economy without this resource.
6. Solar power is completely dependent upon silver. Every photovaic cell, every solar panel, every battery is constructed with or utilizes silver in an indirect way. Silver stores and conducts electricity at 95 to 100 percent. No other metal can do that. As a mater of supply and demand, there is more gold available above ground than there is silver. Expect this year's silver prices to outpace last year's prices. And prices in the future are expected to exceed this year's prices. Many analysts predict prices to reach $50 an ounce within the next 10 years.
Ronald Roberts has a lifelong interest in economics and business. A former military officer and MPA graduate, his favorite quote is: Never despise a humble beginning.
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