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A place to bounce around ideas and information... in general just chit chat... Because we're all different, and yet, we are all the same, just like zebras.

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Wednesday, July 13, 2011

Silver is Now Rarer than Gold

I laugh at the thought that one day your 1 oz silver will be more than your 1 oz gold. It's true, so keep buying the phyzz while it's cheap. Once silver becomes 20/1 for gold then trade some in for gold. Just in case there is something magical about gold yet that we haven't figured out yet.

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Silver is Now Rarer than Gold

http://sgtreport.com/2011/07/silver-is-now-rarer-than-gold/#more-7999

Most investors assume that because silver is almost 50 times cheaper than gold, it’s more abundant.

They’re wrong.

The amount of available silver is far rarer than the amount of available gold.

This fact is often overlooked by even the most seasoned silver investors. And it’s this lack of silver stockpiles that has become one of the most critical factors in what could jolt prices, lifting silver into an entirely different asset class all together.

So forget $100 silver — $100 is now considered a timid prediction. Some experts are now calling for silver prices to be on par with gold!

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