Gold STOCK? Optmst, please don't tell me that you are invested in gold STOCK! And please don't tell me that you are invested in gold or silver ETFs!
I used the word "stock" as a pun on the attached graphic title "stock of gold", but sometimes my puns are a little puny.
PHYSICAL gold and PHYSICAL silver, my friend. If you can't touch it and hold it, you own NOTHING but a promise.
Obviously, silver has risen much faster than gold has in the past 4-5 years.
Gold has, roughly, DOUBLED in price during that time frame.
Silver has, roughly, quadrupled in price during that time frame.
Silver is available to ANYBODY, because it is affordable, and it has more upside than gold.
Gold is a rich man's toy, and because of it's price, gold is much more susceptible to "counterfeiting" and other "manipulations".
I can't argue with a man when he is right!
Silver prices are more volatile than gold, simply because of the huge difference in the price of silver compared to gold.
This reader's digest version leaves out a few important details.
Higher volatility for silver is the result of massive moves higher and lower. The bullish moves higher for silver are driven by the recognized fact that the price of silver is seriously undervalued, so investors are correctly buying more whenever they can. The natural progression to much higher prices is short circuited by bankster barrages of dumping more paper shorts than there is physical to cover those shorts. That cycle of correct higher highs interrupted by criminal bankster price plunges creates the increased volatility, which will continue only as long as there is enough physical silver available to supply to industry for manufacturing consumption and to investors for accumulation. When the time comes that industry has difficulty acquiring physical metal for their just in time manufacturing processes, industry will rush to correct the long overdue substantial increase in their stock levels, and the banksters will be unable to dump paper to suppress the price because most investors will want the physical that is in short supply. The resulting explosion in the price of silver will be legendary!
As the "world" economy continues it's freefall, the demand for "industrial" silver is going to continue to decrease. Silver and gold are both going to become the "default" currency for the world.
Most of the investment world shares this view that silver is only a banged up, rusty, and little loved car in the used car lot, and that it only moves slowly forward when fueled by the consumption demands of a healthy industry. They reason that the silver car will stall when the fuel of industrial expansion is no longer available because industrial demand for silver will diminish. A few investors, however, will look under the hood, and they will see a powerful jet engine with afterburners. As the world economy continues its inevitable slide into depression, and as China reaches its overbuilt plateau, The demand for copper and other base metals will essentially drop to zero and the warehouses will quickly fill to the maximum. The base metal miners will be forced to essentially shut down their mines. Since more than 70% of silver supply is byproduct from base metal mining, that 70% of silver supply will vanish from the marketplace, and the loss of silver supply will be the jet engine that propels the silver car to much higher prices. The afterburners will be the huge short positions of the banksters who will be caught in an epic squeeze from industry and investors who buy physical more frantically as the supply of silver becomes much too low to supply the demands for physical. You can read more about this by doing a web search for "When Will the Price of Silver Explode?" (with the quotes). Get your physical silver now, and buckle your seat belt for the ride of a lifetime!
