Will Silver Outperform Gold?

We’ve all seen these cash for gold commercials on television recently, yet few stop to think why gold is suddenly in the spotlight. For gold followers, you’ve seen the price of gold increase from $260/oz in 2001 all the way up to $1,170/oz today. The gold rush is on, and smart investors have been buying gold to hedge against inflation.

There are not many people who are familiar with why their money should be invested in gold. As much as I would love to talk about gold, today I’m going to speak about a much better investment which is silver. Silver is a better investment than gold for many reasons, and the corresponding gains in gold will be nothing compared to silver.

The silver price per ounce today is sitting at $18.60 per ounce. Just 8 years ago the price per ounce of silver was at around $4.00 per ounce. That’s over a 400% increase in price. You may be saying “But, gold had a 400% increase in the past 8 years, so why is silver a better investment?” That’s what I’m here to tell you about.

In above ground inventories, silver is more rare than gold by a long shot. The amount of gold above ground is about 5 billion ounces, while the amount of silver above ground is under 1 billion, with only about 300 million of that available for investment purposes. The other 700 million ounces are for industrial purposes.

Silver is mostly depleted as soon as it comes out of the ground. It is used for electronics, solar panels, medical purposes, and many more applications. Silver is consumed and thrown away in to land fills because the price of silver is not high enough to justify recycling it.

Most of the gold ever mined is still in existence and available today. Most of the silver that has been mined has been consumed and not recoverable. Industry consumes more silver than is mined each year so the levels have been dangerously depleted. Even the USGS said the silver would be fully depleted and extinct by 2020.

Silver really is the new gold if you look at the rarity value, and many experts have stated that the silver price will go anywhere from $100/oz to more than the price of gold. If that is the case, then silver would need to be $1,170/oz. Silver is the investment of a lifetime, and some experts are saying that there has never been as sure of an investment explosion like that of silver.

Some may make the mistake of saying that a metal like silver couldn’t or wouldn’t go that high, but look at the price of rhodium. Just a few years ago the price was at $300/oz and now it is nearly $10,000/oz. It can happen to silver, and there are many other factors that will push the price of silver up.

The COMEX price manipulators have been keeping the silver price artificially suppressed for a long time, illegally. The banks that are short selling the COMEX silver contracts will be forced to stop suppressing the price, which will lead to a certain price explosion. Some organizations are in the process of putting an end to the silver manipulation on the COMEX, and once it ends the true value of silver will be shown.

The factors for silver are much more bullish than gold, as is evident in my article. It is important that you be invested in silver bullion, silver coins, silver bars, and Silver Eagles to protect yourself from inflation. Most are not aware of silver’s fundamentals, but once this price explosion happens it will be the investment that CNN talks about every night.

Please click the link “will silver outperform gold?” to learn more about silver.