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Why is Silver Priced at its Price and Gold at its Price
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<p>[QUOTE="GDJMSP, post: 708807, member: 112"]Well not quite. Your premise is based on a finite amount that is sitting in storage at any one time. You see you also have to consider the new silver that is mined every year. There is about 20,000 tons of silver mined every year. While only about 2,600 tons of gold are mined every year. And for every gold mine that is sitting idle, there are 20 or more silver mines sitting idle.</p><p><br /></p><p>Any way you want to look at it, gold is whole lot more rare and thus way more valuable than silver. And all the silver that anyone on the planet could ever want is just sitting there waiting on them to come and get it.</p><p><br /></p><p><br /></p><p> </p><p><br /></p><p>No, it isn't. It's a distorted and extremely biased analysis with all of the facts either twisted to indicate what they want them to indicate or else completely ignored. Remember, these people have an agenda. They want you to think that silver has trememdous upside. They very carefully word and phrase all of their writings to get you to buy silver. </p><p><br /></p><p>And this is nothing new. These very same people have been doing this for the past 50 years. But they have never been successful with their antics because people with any common sense see through their scam. </p><p><br /></p><p>It is has only been in the past few years that they have begun play upon people's fears and emotions. And they are having good success with that. But take away those fears, and watch the bottom fall out of the precious metal market. Just like it always has in the past.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 708807, member: 112"]Well not quite. Your premise is based on a finite amount that is sitting in storage at any one time. You see you also have to consider the new silver that is mined every year. There is about 20,000 tons of silver mined every year. While only about 2,600 tons of gold are mined every year. And for every gold mine that is sitting idle, there are 20 or more silver mines sitting idle. Any way you want to look at it, gold is whole lot more rare and thus way more valuable than silver. And all the silver that anyone on the planet could ever want is just sitting there waiting on them to come and get it. No, it isn't. It's a distorted and extremely biased analysis with all of the facts either twisted to indicate what they want them to indicate or else completely ignored. Remember, these people have an agenda. They want you to think that silver has trememdous upside. They very carefully word and phrase all of their writings to get you to buy silver. And this is nothing new. These very same people have been doing this for the past 50 years. But they have never been successful with their antics because people with any common sense see through their scam. It is has only been in the past few years that they have begun play upon people's fears and emotions. And they are having good success with that. But take away those fears, and watch the bottom fall out of the precious metal market. Just like it always has in the past.[/QUOTE]
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Why is Silver Priced at its Price and Gold at its Price
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