Contact us
CALL US NOW 1-888-GOLD-160
(1-888-465-3160)

This Is Silver on Sale; Take Advantage of the Opportunity

  by    0   0

The silver-gold ratio currently stands at about 85-to-1. As one commentator put it, that’s “way out of whack.”

But what does this really mean?

In simplest terms, this is silver on sale!

SchiffGold has the perfect way to take advantage of this buying opportunity. For a limited time, you can buy beautiful American Silver Eagle coins at the lowest prices in the US.

CLICK HERE FOR MORE INFORMATION

The silver-gold ratio is the number of ounces of silver it takes to buy one ounce of gold. 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.

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. The modern average over the last century is around 40:1.

Silver is much more volatile than gold due to its industrial role, but at its core, it is still a monetary metal and it tends to track relatively consistently with gold over time. When gold goes up, it almost always takes silver with it. When this dollar strength fades and inflation rears its ugly head, both metals will likely take off. At that point, history indicates silver will begin to close that gap with gold.

Consider this – even if we use a conservative 50-to-1 ratio, that means silver should be around $25.50 per ounce.

It’s not hyperbole to say this is one of the greatest silver sales of all time, relative to the price of gold.

That makes this an ideal time to take advantage of this special offer on American Silver Eagle Coins.

The fundamental supply and demand dynamics also look good for silver right now. Silver demand was up 4% and hit a three-year high in 2018, according to the latest report by the Silver Institute. Meanwhile, silver mine production fell for the third straight year, dropping 2% in 2018 to 855.7 million ounces. And it appears lagging mine production has continued into this year. The world’s largest primary silver producer reported a plunge in output in Q1 2019.

Analysts also project industrial demand for the white metal will continue to increase. According to the Silver Institute, continued investment in solar photovoltaic energy, should further boost global industrial demand for silver over the next decade and beyond. The institute projects roughly 820 million ounces of silver will be utilized by global solar energy applications alone through 2030. A recent study showed a “causal relationship” between the demand for solar energy and the price of silver.

Given the supply and demand dynamics, along with the prospects of a weakening dollar in the midst of the “Powell Pause,” it seems likely that gap will close.

Silver has hit an all-time high of $49 per ounce twice – in January 1980 and then again in April 2011. If you adjust that $49 high for inflation, you’re looking at a price of around $150 per ounce. In other words, silver has a long way to run up. As one analyst put it, “With the long-term downside potential of silver very low versus its current valuation, the risk/reward is one of the best investments on the planet.”

Don’t miss this opportunity to take advantage of silver on sale. Click HERE for more information on this limited-time sale on American Silver Eagles.


Related Posts

Does the Big GDP Miss Signal Looming Stagflation?

GDP for the second quarter disappointed, coming in at an annualized rate of 6.5%. Is this a sign of impending stagflation? While 6.5% growth looks good on the surface, economists polled by the Wall Street Journal expected annualized GDP to chart around 9.1%. This was a huge miss and indicates the economy isn’t growing nearly […]

READ MORE →

India Gold Market Shows Signs of Life as COVID Second Wave Eases

India ranks as the second-largest gold-consuming country in the world, second only behind China, but demand has languished for the last couple of years. The pandemic crushed demand, particularly for gold jewelry, but record-high gold prices in rupee terms and government policy put a drag on the gold market even before COVID-19. There were signs of […]

READ MORE →

Russia Goes to War With Inflation

While the Federal Reserve continues to downplay inflation in the US, insisting that it is “transitory,” the Bank of Russia has gone to war with rising prices. Bank of Russia Governor Elvira Nabiullina says she sees “persistent factors” to inflation, and on Friday, the Russian Central bank hiked interest rates by 100 basis points to […]

READ MORE →

If Inflation Is “Transitory” Why Is This Happening?

Federal Reserve Chairman Jerome Powell continues to insist the surge of rising prices is “transitory. But if this is true, why are inflation projections for 2022 rapidly rising? It seems the markets aren’t buying the transitory theme.

READ MORE →

China’s Gold Market Continues to Recover

Chinese gold imports have nearly returned to pre-pandemic levels and the world’s biggest gold market continues to recover. According to the latest data reported by the World Gold Council, China imported 67.6 tons of gold in May. That was 65 tons higher than May 2020 and only three tons lower than May 2019, before the […]

READ MORE →

Comments are closed.

Call Now