AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |
Back to Blog
Bullion silver coins for sale3/19/2023 ![]() Unlike other metals, it is consumed in very small increments, making recycling very difficult. (It is the world's best conductor of electricity and heat, best natural biocide, and best reflector of light.) Silver is required in a multitude of industrial, electrical, consumer, health, and energy-related applications critical to today's modern economy. We've since added another 2.5 billion people. In 1980, the world population was 4.6 billion. Global Silver Demand is High and Getting HigherĬonsidering the record growth in demand last year, all signs are pointing to a continuous increase. So not only are we running out, the supply is diminishing faster than ever. While the demand rises, production has increased less rapidly. Just last year, the demand rose to a record 1,081 million ounces according to The Silver Institute's World Silver Survey 2014. If this is indeed the case, there won't be enough supply left due to the steady increase in demand. There may be 18 billion ounces of extractable silver left according to the according to the U.S. Silver Mining Production Appears to be Reaching Its Peak ![]() As industry finds new ways to use silver, the market could experience a long-term supply deficit, and inventory depletion would then accelerate. ![]() And annual consumption has exceeded supply in many years. Today, many estimate these stocks at less than 1 billion ounces. In 1980, available above ground stockpiles were estimated to be 4 billion ounces. Above Ground Silver Inventories Are Diminishing The Federal Reserve's balance sheet now tops $4 trillion, with no end in sight to ultra-accommodative policies. ![]() Today, it's over $18 trillion officially, with tens of trillions more in "off budget" debts and obligations accumulated in the last 40 years. In 1980, the national debt was a mere $930 billion. is reaching record highs in debt and the tipping point may come sooner than later. Let's look at additional factors why we're bullish on the poor man's gold: U.S. These factors will cause the price of silver per ounce to reach new highs, or possibly another huge spike similar to 1980. In other words, that's an incredible 700% upsurge over the course of a single year! Today, industrial demand will continually increase along with its investment benefits. In the last super spike in 1979, the white metal went from $6 per ounce, to over $49 just 12 months later. Historical precedent coupled with current fundamentals point to the likelihood of an explosive super spike in the silver price and a high price plateau beyond that. We believe the supply and demand picture is extraordinarily bullish. But its role as both a monetary and investment metal and a vital industrial metal make it an exciting commodity. Since this market is small and there is a high use of financial leverage on the trading exchanges, silver prices are volatile. With its much lower price, buying silver bullion is much more appealing to small or novice investors. For beginners, when the Price of silver per ounce is so much lower than the Gold price, platinum, and palladium, they realize they can buy substantially more physical metal for their dollar. There are many reasons that investors (beginners and experts) immediately choose to buy silver more than any other precious metal. ![]()
0 Comments
Read More
Leave a Reply. |