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Update: Andrew Maguire Finally Exposes Silver Manipulation
Silver Is More Rare than GOLD! |
One of the major misconceptions about the precious metals marketplace is
the ASTONISHING fact that less Silver is above ground than EVER before and
more importantly, that there is less Silver - THAN GOLD!
Silver reserves are approching ZERO - price explosion must follow.
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| Ounces in Reserve |
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This chart shows that the ounces in existance for gold have
consistantly increased since 1900. This is because gold is horded as a
safe store of value (mainly from inflation).
Silver however has consistantly (and sharply) DECREASED since 1900
due to its industrial use. This chart includes all scrap Silver as well.
If one projects the Silver line at the same rate of decrease, there will be
none left in 5-10 years.
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| Silver Investment Shortage |
This chart shows the ounces available to everyone on Earth. Gold has remained very steady at everyone in the world being able to take 1 ounce at any point in time for the
last century.
With Silver, you can't even give each person in the world a 1/3 ounce coin with remaining supplies. In 1900, you could give each person 8 ounces.
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Supply and demand indicates that one day, Silver will cost more than gold per ounce. It has to. Gold is not the most expensive metal - platinum for example is more expensive than Gold (and there are other rarer metals).
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Since 2009, Silver is currently UP 48.46%
The current Gold:Silver ratio is 65:1
(From 80:1 at the start of 2009)
We are predicting this to go to 15:1 by the end of 2010.
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Visit AlchemyMetals.com.au for more ebay charts.
Tracking Silver since 2009
Silver started 2009 at US$11.33 an ounce.
Current Silver Price:
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Silver Lease Rates
It is my predication that these lease rates will slowly but consistantly increase in 2009 as unwinding of the Metals Leasing program occurs.
Current Silver Lease Rates:
At the start of 2009, the Silver Lease Rates were:
1 month - 0.6%
2 months - 1.2%
3 months to 1 year - ~1.6%
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Tracking Gold since 2009
Gold started 2009 at US$881.
Current Gold Price:
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