David Morgan founder of Silver-Investor.com, March 9 2011 Podcast- Gold:Silver Ratio, Silver Wheaton, Inflation/Deflation . David Morgan sheds light on some behind-the-scenes realities of the silver market. The main problem with the precious metal is that, in some transactions there is no real, physical silver and what the investor gets in return for his money is paper silver. Some federal banks have pursued the trend for a quite long time and continue to do add to their huge pile of liability by issuing more and more paper silver.Gold was the investment of the last decade Silver is the Investment of this decade says Eric Sprott ...BUY THE SILVER NOW!.
Is Silver an investment or is it money or both ?. If anything it is the dollar which is the investment - and a very bad one at that.If the true nature of the silver market were exposed, and if the CFTC would do it's job and force the big banks to reduce their shorts to a significantly smaller number of short contracts [invisible silver] then we will definitely see 250 dollar silver .silver has to be measured against other commodities, as well as the stock market, and possibly even housing. That's the only real way to tell how "expensive" it is.
All the housing in the U.S is valued over 20 trillion. The stock market is 12 trillion. All the Silver on the planet above ground is 250 billion.
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