Silver Prices Explosion: Reason #6 To Buy Silver Now

Alt: Where Did Where Did All The Silver Go? Buy Silver Now Before Silver Prices Take Off!

Silver value today is not consistent with its underlying fundamentals of supply and demand. The high demand and strictly limited remaining supply of silver both above-ground and below-ground are going to ignite a silver prices explosion in the near future. This article explains one of the six primary reasons silver prices are about to undergo a tremendous increase.

Over the past 60 years, the world has consumed over 95% of the silver bullion mined over the last 5,000 years. Government inventories of silver bullion are essentially zero now, the world annual production is only about half the total silver currently being used each year, and according to the U.S. Geological Survey, there is a low strictly-limited supply of silver left in the ground.

The reason the world has managed to consume 95% of the silver mined in the last 5,000 years in just 60 years is because until around the 1940’s, silver was used primarily for jewelry, coins, utensils and other ornamental applications, and investments … just like gold. However, starting around 1940, many industrial applications of silver were developed … applications that actually use up silver in ways that the silver is gone forever.

So, considering the high demand and applicability of silver with a strictly limited supply and artificially low prices, silver prices are on the verge of exploding on fundamentals alone.

But what happens if a major investor decides to buy a lot of silver bullion because he or she believes silver prices are going to increase?

A major purchase of silver for investment purposes will tip the scales and ignite the rise in silver prices. There is a plentiful supply of gold, stocks, real estate, and bonds; no single investor can buy enough to trigger the market (they could for a single small stock, but not the entire stock market).

However, the silver scenario is so dire, that a single major investor could in fact trigger the market collapse resulting in astronomical silver prices!

Such a major purchase for investment purposes would be sufficient to cause significant delays of deliveries to manufacturers triggering the hoarding of silver inventories and further silver prices increases. In the 1970’s, silver hit $50 per ounce for a few hours, and investors are still talking about it. Considering the current state of the supply and demand for silver, the coming silver bubble will dwarf $50 per ounce!

As stated by silver expert, Theodore Butler, “Nothing in the world has the potential to multiply your net worth like silver.” Buy silver now!



Written by Dr. Bryan Stoker
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