Why Silver?
Most of the gold that has ever been mined is still with us today; perhaps 90% according to some analysts. The opposite is true for silver. Silver is used heavily by industrial demand, it is estimated that 90% of all the silver mined in the past 5,000 years has been used up, thrown away, unrecoverable.
Epithermal Deposits – a geological term upholding the idea that most of the silver ore deposits in the Earth's crust were deposited at shallow depths, near the surface. Most of the easy silver finds have already been made, easy silver production projects are next to nonexistent today!
Disappearing Supply
Every year that goes by, more silver is used worldwide than is being mined and recovered by recycling. Current world silver demand runs at 900 million ounces a year. Current world mining rates of production stand at 600 million ounces annually.
Over the next 25 years the world will need approximately 15 billion ounces of silver to meet current demand. The US Geological Survey projects the earth may contain only 8.5 to 18 billion ounces remaining in its crust.
It's going, going, almost gone!
Today US silver production runs at roughly 40 million ounces a year. Over the past few years, silver production in the United States is down nearly 30%. Nevada, formerly the largest mining state for silver has seen its silver production decline by more than 50% over the past five years. Many silver ore bodies in the United States are running dry.
So Why is Silver the New Gold?
There is less silver in the world for investors today than gold. In the western world we take silver for granted, we are befuddled to believe that silver is common and easy to obtain. In many regions of the globe, finding investment grade silver can be next to impossible. Many of our Asian-Pacific customers have expressed to us that they have no trouble buying gold bullion in their countries, but finding investment grade silver is next to impossible.
Silver cannot be substituted; it has too many unique properties. Nothing conducts electricity or heat as well as silver. No metal is a better reflector of light. Silver is integral in the photographic process and has important health benefits. The white metal is an absolute necessity in high tech as every server, cell phone, monitor, computer, and electric switch. It's in your TV, washing machine, refrigerator, batteries, DVD's, iPod, wall switches, and mirrors. Without silver our modern way of life is impossible!
Bottom Line?
Silver is absolutely necessary for our modern way of life. Silver is also a necessity to hedge against the rampant fiat currency expansion going on all over the world. We are running out of silver and there is no end to the inflationary threats central banks are forcing upon us!
As Mike Maloney says, "Silver is cheaper than dirt right now!", and the best news of all is that you are one of the very few people in the world who understands having the opportunity to take full advantage.
*These are metal experts, start investing in actual .999 silver (not sterling).
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