Silver was cheaper at $20 an ounce, then it is now at $33, however this is still incredibly cheap compared to the $500, $1000… it will be soon.
The banksters have been suppressing the price of gold and silver, because, if they allowed them to go to their true values, then people would lose faith in the fiat currencies which they control. So, through paper price manipulation, the banksters have kept the price of gold and silver well below what it should be.
There is one big problem, we are using more silver each year than we mine each year. And so, the silver stock piles are dwindling to nothing.
And, then, the bigger problem is that silver is about to have a LOT more demand to make futuristic devices.
After oil, silver has the most industrial uses of any commodity. From soldering copper pipes for plumbing in your house, to soldering all the chips onto the board in your laptop. EV solar panels need it too. Mirrors, LCD panels, and so many more things.
For most uses, it is price inelastic. Lets say your iPhone needs ⅒ ounce of silver. Would it matter if it costs $30 or $300? The price of the phone would just go up to cover its cost.
Of course, EV solar panels will probably never be made again. They barely brake even over 20 years now. If the price 10x, they would not be worth it, except in the most remote regions. And, there are other ways to make solar panels besides the EV polycrystalline.
Copper pipe is already being connected with compressed fittings with o-rings. This will be the only way it will be done after the price of silver goes up. No one is going to pay $300 for a roll of solder.
And of course, they use silver to make coins and jewellery.
With the price of silver being as cheap as dirt, there hasn't been much large scale mining or even searching for it. Most of the silver comes along with mining other metals. So, if there is a sudden surge in demand, there is nothing to fill it.
And so, when those flying cars, or free-energy devices need silver, people are going to pay whatever they have to, to get the shiny white metal. The only near term source is to buy silver from silver bugs.
Further, silver will probably be considered so important, that it becomes a military strategic metal, and countries around the world will scramble to horde as much of it as possible. Coin shops will be cleaned out. There will probably be vans, or Govern-cement kiosks where they will buy silver.
The real reason that the wall is being built, and Trump said that Mexico will fund it is because there is a lot of silver in Mexico, and the wall is to keep the Americans in.
Things will be fine one day, and then, within a week all the coin shops will be cleaned out.
The price will go up a dollar a day, then five dollars a day. It will get to $500 an ounce, and keep going. It will seem insane, but the Hunt Brothers had it over $100 back in 1980, and adjust that for inflation, and… this is just the price you get when anyone seriously buys silver (and not just paper silver)
I do not believe The US will confiscate silver, like they did with gold back in 1933, because all the gold they got out of that was what was in bank safety deposit boxes, and then they got no more. So, instead of making it illegal to own, they will probably try everything they can to encourage you to sell it to them. Of course, they won't allow you to take it out of the country. They will put a stop to that really quickly.
So, if you see any signs of a law or executive order blocking all shipping of silver out of the country, you will know that the run up in silver is really close (or here, now)
Make sure to add silver to your pile of things to have. Not only can it make you incredibly wealthy, for generations, but it will be another way of buying food when things turn bad.
Gold's price has been suppressed, and it will break free.
Silver's price has been suppressed AND a huge, high paying demand is going to come break it free.
Many of the analysts who know all these pieces say that silver will go 1:1 with gold.
So, silver, right now, is a hellava deal.
