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This Is Silver on Sale; Take Advantage of the Opportunity

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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.


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