Silver Bullion Set to Soar to $50 an Ounce
Excellent read and video. Check it out.
CYA: SE:
***************************************************
Mark O'Byrne
- 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
CYA: SE:
***************************************************
Mark O'Byrne
- 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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