Silver Bullion Set To Soar To $50 An Ounce
– Silver bullion is the most undervalued precious metal, commodity and asset today
– Silver very rarely covered in the media and thus the fundamentals are not understood
– Supply demand fundamentals are very positive indeed as seen in recent report from Capital Economics
– While industrial demand may weaken, investment and safe haven demand for silver coins and bars will surge in the next crisis
– Silver mine production falling: Dozen of the largest silver mines in the world fell by 8% in 2018
– Silver bear market was exacerbated by manipulation and pushing silver lower
– Silver is going higher and $50 per ounce is a conservative target in the next 3 or 4 years
– In 2007 and 2009 we said gold would surge in the crisis and target $50 per ounce
– Long term charts are very bullish and show undervalued versus all assets and even gold
– Gold to silver ratio over 80 to 1 today: 15 to 1 is likely in the coming years (see chart)
– Silver prices adjusted for inflation are cheaper than 1916! (see chart)
– Record high for silver adjusted for inflation is over $115/oz (based on U.S. CPI) and over $700/oz (based on John Williams of Shadow Stats inflation data and methodology)
– Silver at lowest prices in history; T ime to buy and dollar cost average into position is now
– Avoid digital and ETF gold and silver and only own coins and bars in your possession or in allocated and segregated storage.
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