$100 then $1,000 / ounce Silver ?

Wow i just spent about a week researching Silver through Google.

People really need to pay attention to whats is not going on with Silver.  Forget HYIP's, AutoSurf's, FX, an MLM that is not a precious metals program.

The evidence is so overwhelming that if you don't start acquiring silver today nothing you do in the future can ever make up for the opportunity your about to miss.

SilverSnowBall is just one thing you can do. But you need to start now..

Do you remember when Gold was around $270 an ounce?

Did you buy then ? Why Not ?

because now is too darn expensive now at well over $1000 ?

2009 $972.35 ?

2008 $871.96

2007 $695.39

2006 $603.46

2005 $444.74 ?

2004 $409.72

2003 $363.38

2002 $309.73

2001 $271.04

2000 $279.11 ?

You Have a BIG Opportunity with Silver Bigger than Gold...

BUY IT NOW

First things first, silver isn't more rare than gold when we account for jewelry and

silverware supplies, but if we look only at the amount of identifiable silver bullion then silver is indeed more rare than gold.

Read More Here

Almost all the gold ever mined has been used in either jewelry or bullion. The difference

between gold and silver jewelry, is that gold jewelry only trades at a small premium above

the current market price when compared with silver, and therefore a price rise of say

100%-200% would be adequate incentive to melt the gold down, though who knows if

people really would in such an environment where fiat is dying. For silver to acquire that

much 'incentive', prices would need to rise in excess of $50-$80/ounce, and that's before

the dollar starts to slip in purchasing power!

According to the World Gold Council (and others) there are between 4-5 billion

ounces of gold remaining in the world http://www.gold.org/discover/knowledge/faqs/index.html. I say 'remaining' somewhat unnecessarily,

as it is estimated that 95% of all the gold mined in the history of the world is still

around.

Quite simply, gold is not used up, rather, it is preserved. This also use to

be the case with silver, but times have changed dramatically since WWII.

According to the Silver Institute and GMS, there are only 671 million ounces left of

identifiable silver bullion left in the world http://www.silverinstitute.org/publications/index.php (World Silver Survey 2004).

The other form of silver that exists is stored in various forms in the hands of private

individuals (i.e. coins, jewelry, and silverware). This brings the grand total of above-

ground silver closer towards an estimated 25 billion ounces.

But silver in these forms cannot be included in the market accessible total, as jewelry and silverware, most especially, are not likely to be sold back into the market in any considerable quantity until the price of silver rises much higher (c. $50/ounce - $80/ounce).

Today, the majority of above-ground, refined, identifiable silver bullion is held at the COMEX warehouse, the largest supply of silver inventory in the world. It holds a mere 120 million ounces, less than what Warren Buffet is reported to have purchased in the late 1990's.

Similarly pitiful is the fact the the U.S. Government used to hold several billions of ounces

of silver in its coffers, but as of today it has nothing! In fact, the US Government actually

had to begin purchasing considerable amounts of silver on the open market in 2002 in

order to continue minting its popular 1 ounce Silver Eagles.

$1,000/ounce Silver?

With the above numbers, we can now calculate silver and gold's relative value in terms of

the 'almighty' US dollar, using silver's identifiable bullion figure of 671 million ounces and

the 4.5 billion ounce figure for gold. At prices of $9.7/ounce silver and $558/ounce

gold, what we find is that the dollar amount of gold in existence is over $2.5

trillion while the total dollar amount of silver is only about $6.5 billion.

The difference between the two numbers is almost $2.5 trillion dollars! That's

$2,500 billion. In other words, the total value of gold when comparing these forms is about

386 times that of silver. Even if we calculate this comparison using the estimated total

amount of silver still in existence, 25 billion ounces, all the silver in the world is still only

worth about 1/10 of all the gold in the world!

Also consider that the amount of gold increases daily, as more is mined and preserved,

where as much of the silver that is mined every year is literally consumed by industry, and
has undergone a 63 year deficit beginning in 1942!

The shortage of silver is getting even worse with the computer age and now with the talk of electric cars, all mined silver will be used and stocks of silver will have to be drawn upon for supplies.

I expect that some day down the road the total value of silver in existence will approach

the total value of gold, reaching an extreme ratio of 1:1. This doesn't mean that their price

ratio would approach 1:1. The extreme gold to silver price ratio implied by this

valuation would be about 1 to 5.6, not factoring in the continually diminishing supplies

of silver and the ever growing supplies of gold.

In other words, silver should be at over $100 at today's gold price at over $1000,

a silver price of about $360/ounce would see a gold price of 2,000/ounce, and

a silver price of $1785/ounce at a gold price of $10,000/ounce.

Without serious dollar dilution, which seems unlikely, I expect silver to peak at around $200/ounce and gold at around $5,000/ounce. Prices would then probably correct

significantly lower, say 70%, and stabilize in that area as large numbers of presently

uneconomic mineral resources are quickly (1-3 years) brought into production, not to

mention increased sales of silver jewelry and silverware. That is to say, a long term silver

price of about $50/ounce without dollar drama and disaster.

On the one hand you make a nice return of some 500%, and on the other you save

yourself from a possible economic catastrophe that will beset most of the debt earth

dwellers with the exception some several hundred million frugal Asians who will only get

smarter about where they should and shouldn't invest their hard earned and saved money

(wake up people, stop spending and start saving!).

Silver is more affordable and has the potential to make you more than Gold will. .

Want Proof ?

There is a YouTube site that has gathered a ton of proof on this YouTube Silver BOOM