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Take Advantage of Silver on Sale and Get Free Silver!

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Everybody knows that the best time to shop is during a big sale. Well, with a spot price under $19 an ounce, silver is a bargain.

For the next week, you can take advantage of the lowest silver spot price in years, and we’ll even sweeten the deal with free silver with qualifying orders.

The Silver-Gold Ratio Is Telling Us Something!

The spot price of silver hasn’t been this low in over two years. But given silver’s fundamentals, the current economic dynamics, and the trajectory of the Fed, silver still appears very oversold.

One factor signaling silver is significantly undervalued is a silver-gold ratio of over 92-1. That means it takes over 92 ounces of silver to buy an ounce of gold. To put that into perspective, the average in the modern era has been between 40:1 and 50:1. Historically, the ratio has always returned to that mean. And when it does, it does it with a vengeance. The ratio fell to 30-1 in 2011 and below 20-1 in 1979.

Historically, when the spread gets this wide, silver doesn’t just outperform gold, it goes on a massive run in a short period of time. Since January 2000, this has happened four times. As this chart shows, the snapback is swift and strong.

Most recently, in the summer of 2019, the sliver-gold ratio climbed to nearly 93:1 and at the onset of the pandemic, it rocketed to over 100:1. But as the Fed slashed rates and launched its massive quantitative easing program, gold rallied and took silver with it. Silver typically outperforms gold during a gold bull run. This was the case during the pandemic. As gold pushed above $2,000 an ounce, a 39% gain, silver rallied to nearly $30 an ounce, a 147% increase.

Meanwhile, the silver-gold ratio fell from over 100:1 to just over 64:1, close to the high end of the historical norm.

With that spread widening again, we could be setting up for another big rally in silver.

The Fed is currently tightening its monetary policy in order to fight inflation. But the Fed is engaged in a fight the numbers say it can’t win. The economy is already getting shaky. Despite the Fed’s tough talk, it seems likely the central bank will be forced to pivot back to loose monetary policy to rescue the sagging economy in the near future. Peter Schiff says the Fed can’t put off inflation’s day of reckoning much longer.

Powell will surrender and inflation will win because when push comes to shove, and when we are in a financial crisis, Powell will not continue to fight inflation. He will give up that fight in order to save the economy and the markets from the consequences of that financial crisis. And that’s when inflation will cause an even greater crisis in terms of the US dollar crisis and a sovereign debt crisis, a fate that, so far, the US has managed to avoid. But its ability to postpone that day of reckoning will rapidly come to an end.”

This is the kind of scenario that would spark a significant bull run in both gold and silver.

Historical Perspective

Geologists estimate that there are approximately 19 ounces of silver for every ounce of gold in the earth’s crust, with a ratio of approximately 11.2 ounces of silver to each ounce of gold that has ever been mined. Interestingly, the silver-gold ratio in ancient Egypt was 1:1.

In 1792, the gold/silver price ratio was fixed by law in the United States at 15:1. France mandated a ratio of 15.5:1 in 1803. Faced with the challenges of a bi-metallic monetary system with fixed exchange rates and the aftermath of a worldwide financial crisis, the US Congress passed the Coinage Act of 1873. Following the lead of other Western nations, including England, Portugal, Canada, and Germany, this act formally demonetized silver and established a gold standard for the United States.

With silver playing a smaller role as a monetary metal, the silver-gold ratio gradually spread.

Since the world went to a total fiat money system, there seems to be some correlation between the silver-gold ratio and central bank money creation. During periods of central bank money-printing, the gap tends to shrink. In fact, it plummeted in the aftermath of the 2008 financial crisis as the Fed engaged in extreme monetary policy and again in the early days of the pandemic.

The supply and demand dynamics also look good for silver even with a looming recession. Investment demand skyrocketed last year and supply is down. Industrial demand is rising driven by the growth of the green energy sector. Governments are likely to keep that gravy train running even during an economic downturn. Mine output was hit hard by shutdowns due to the coronavirus pandemic, but silver production was already on the decline with mine output dropping for four straight years.

Silver Is On Sale, But It Won’t Be For Long!

The fundamental backdrop has never been stronger. The underlying data indicates that the snapback will come soon and potentially play out very quickly. This is a great opportunity to get silver at around $20 and some free silver to boot!

Don’t Miss Out!

CALL 1-888-GOLD-160 Or CLICK HERE FOR MORE DETAILS ON THIS LIMITED-TIME PROMOTION

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