Even though everything in this video is in the public domain, most likely not one percent of silver investors and users are aware of what is contained in this important video. There is now five times MORE gold than silver plus the world is running out of silver. So why is the price of silver so low? Good question! Listen then draw your own conclusions.
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Sunday, January 9, 2011
Silver and Gold - Random but Important Facts
Various mostly technical facts and data about gold and silver. So many videos on precious metals are mostly emotion, as an engineer with 35 years experience in primarily electronics but much research in metals I felt I could contribute important information the investing world needs to know but does not! When ten friends selected at random all told me they assumed there was about 50 times MORE silver in the world than gold based on the price differential! When the answer is there is 5 to 10 times MORE gold than silver! Very few apparentlyknow this! This and much more needs to be known by all investors!
CORRECTION: There is about 5 to 10 times more gold for investors to buy than silver. This includes bullion coins and bars. There is more above ground silver. The majority of it is not in bullion form (i.e. sterling candlestick holders etc. )
CORRECTION: There is about 5 to 10 times more gold for investors to buy than silver. This includes bullion coins and bars. There is more above ground silver. The majority of it is not in bullion form (i.e. sterling candlestick holders etc. )
American Foreclosures Tsunami
Due to the global financial crisis, many people in the US are now loosing their homes as a result of unwarranted foreclosures.
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Bars of silver, buried or sunk somewhere where the government won't easily confiscate it, are a good retirement strategy.The price of gold is now purely speculative." The dollar wil continue to go down and gold continue to go up.An ounce of gold bought a nice suit 70 years ago and also today. It's the dollar that has lost value. Gold has not minus manipulation, speculation and suppression. Sil wl nt b the world's reserve currency.But sil will retain value due to increasing industrial$. I don't trust gvts target on gold.What will silver be when supply is 3% of today?