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Why Silver – Compare Future Scarcity Of Silver vs Gold

Why silver? When you head for the coin dealer to buy some precious metal you should buy silver vs gold and here is why.

The question you have to answer in the silver vs gold debate centers around how much of each metal is going to be available when the economy take that inevitable turn for the worst. So here are some facts about the metals in question.

Silver vs gold. 95% of all the gold which has ever been mined is still in existence today. Whereas 95% of the silver that has ever been mined has been consumed. It has been destroyed or used in such small quantities that it is unrecoverable.

Central banks own literally tons of gold, but they have sold almost all of their silver. Yet silver is cheaper than gold by a large margin. Mostly due to bank manipulation of the price.

Gold has few use as an industrial metal compared to silver. Silver has thousands of uses.

Gold is mined in separate gold mines, so new mines can be brought on stream as economics demand. While silver is mainly just a by product of mining other metals such as zinc. Therefore it is hard to ramp up production when the world is not in need of the other metals.

Compared to the gold market the silver market is very small. Changes in demand can affect the price dramatically.

For the past 64 years the world has consumed more silver than it has produced. The difference has been made up by the banks selling silver thus keeping the price artificially low.

Why silver? I think you are starting to get the picture. In the gold vs silver comparison silver has a potential huge supply problem and thus a huge up side potential.

For further information check out this post - The Indispensable Metal – What Is The Value Of Silver

My mentor Mike Dillard has been interviewing the experts to allow him and others to be on the right side of the greatest wealth transfer in history. Click Here If You Would Like To Listen In and Learn More About The Elevation Group

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Why Silver – In The Silver vs Gold Debate You Now Know The Answer.