Friday, April 15, 2011

Silver more rare than Gold

Silver more rare than Gold , and one day will become more expenssive than Gold

Silver will continue to close the gap from the actual 38/1 to the gold which means it takes 38 ounces of silver to buy one ounce of gold , historically that was 10 , 12 to one ratio so there is more for silver to go to catch up with the historic ratio to gold , but one day just like palladium used to be more woth platinum , silver will be more worthj than gold simply it is more rare ...right now we have less silver above ground far less than gold , silver is being used up faster than it is being mined matter of fact every year since 1991 we have been using (burning up) more silver than we have been mining out of the earth , today we have 7 billion ounces of gold above ground and yet we have only around 1 billion oiunces of Silver above ground some estimates as low as 600 million ounces of silver above ground silver is more rare than gold and yet it takes 38 ounces of silver to buy 1 ounce of gold

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