A very good presentation Mike. The tremendous imbalance of today's silver value versus labour is but one of many ratio imbalances that makes it glaringly obvious just how undervalued silver is and has been in our modern era, considering that it is the 2nd most versatile material on earth after (abiotic) oil.. and that compared to gold it is actually fundamentally essential to our modern way of life. As you know in nominal & real terms it is the most undervalued asset on earth by far. I would never have guessed that the price suppression by the bullion cartels could have lasted this long but this has given people time to accumulate before it becomes unobtainium! Silver is in its 5th year of mine supply deficit v demand! I truly believe that it is the fiat/derivitive bankster cartel's achilles heel.. and that the lack of physical will soon break the multi-decade manipulation and suppression.
As to the questions at the end of the episode.. Preference to Gold v Silver.. I go for silver as long as the GSR is higher than 70/1.
My personal holding is 50/1 in weight terms in favour of silver.
For those wanting a deeper understanding of just how undervalued silver is compared to absolutely everything here are some books I recommend.
A very good presentation Mike. The tremendous imbalance of today's silver value versus labour is but one of many ratio imbalances that makes it glaringly obvious just how undervalued silver is and has been in our modern era, considering that it is the 2nd most versatile material on earth after (abiotic) oil.. and that compared to gold it is actually fundamentally essential to our modern way of life. As you know in nominal & real terms it is the most undervalued asset on earth by far. I would never have guessed that the price suppression by the bullion cartels could have lasted this long but this has given people time to accumulate before it becomes unobtainium! Silver is in its 5th year of mine supply deficit v demand! I truly believe that it is the fiat/derivitive bankster cartel's achilles heel.. and that the lack of physical will soon break the multi-decade manipulation and suppression.
As to the questions at the end of the episode.. Preference to Gold v Silver.. I go for silver as long as the GSR is higher than 70/1.
My personal holding is 50/1 in weight terms in favour of silver.
For those wanting a deeper understanding of just how undervalued silver is compared to absolutely everything here are some books I recommend.
The Silver Bomb.
by Michael MacDonald & Christopher Whitestone.
The Big Silver Short.
by Chris Marcus.
The Great Gold & Silver Rush of the 21st Century.
by Mike Maloney.
The Silver Manifesto.
by David Morgan & Chris Marchese.
Best wishes to all.