QuasiYoda

Use Silver's Volatility to Control Risk

Yes, I am a big fan of Silver and use the Gold Silver ratio to increase my holding as the ratio moves to extremes. I traded Gold for Silver when the ratio was above 80. I do agree majority of Gold ever mined is in someone's possession while silver has been used in minute portions in many products and thus id in the landfill or down the drain but I disagree that there is 100 time more Gold than Silver. In fact there is still more Silver warehoused than Gold but it is much closer than the price indicates by a long shot.

Also worth mentioning Silver deposits tend to be higher in the earth's crust than Gold deposits so much more of the Silver to be discovered has been done while so much of the Gold has yet to be discovered.


On Aug 14 11:11 AM Donald Ingram wrote:

> With virtually all the gold that was ever mined since King Solomon,
> still with us, and 90% of all the silver ever mined - GONE! Silver
> is now 100 times more scarce than gold, and is as I consider, to
> be vastly under priced compared to the yellow metal, that silver
> right now is a very good value buy. Go long physical silver.