Silver most of the ever mined is all gone - and demand is higher than supply - for the zillionth month in a row - Silver has myriad industrial applications -
The Upside of Silver: Historical Ratios -
Well, what impresses me most of all is - the historical ratios of Silver - to other things, like Gold, oil - food, or anything else - you can get data on -
In every case - and I am talking Every Case As Far As I Can Tell (ECAFAICT) - in all of history - Silver is at historic lows - when compared to everything else -
When something is at historical lows - then there is only one way - for the price to move: Up -
OK, but it is knowing the historical ranges - of these ratios that tells you - how high silver might go, right? - So, because you are so smart -
Well, you will be surprised to know - that there have been times when Silver - traded at a premium to Gold -
So, if this were one of those times - silver would be at over $625 per ounce -
It is selling for about $12,58 right now - So dividing 12.58 into 624 - which is probably easy for you - but difficult for me because I am so stupid - that I have to get the calculator on - I figure that the answer is - I hope, around 49. Your investment - if you bought Silver now - and the price rose to more than gold - right now, would have a return of 4,900%! I have heard of lots often-bagger investment - but a potential 49-bagger? Wow! Truly rare!
So, the upside of Silver is so high that it boggles the mind that you can, right now, today, this very minute, get up off of your fat backside, grunting and complaining about your aching back, and simply walk over to a phone or a computer and buy all the Silver you want at a lousy $12.60 bucks and change per ounce! As Mike Maloney of Gold & Silver, Inc. put it, Silver is "stupid cheap!" I immediately translated that as an insult to The Mogambo, who is both stupid and cheap, but when he calmed me down and soothingly explained it a dozen times or so, I finally understood it to mean that if you are not buying Silver on the cheap, then you are stupid. Being stupid, of course, I was not buying Silver. But after learning that I could appear to be smart - by buying Silver - I got more FMNJ Silver - mission thanks to - The Mogambo Guru -