Posted some time ago BUT6 Nov 2017 14:19
remember what they say say what go's around!!!!
Silver is misunderstood, as is any rare, strategic natural resource. For many years, the world has used more silver than it has produced, yet most people assume that silver is abundant.
This was certainly the case before the industrial revolution. Since then, we've had a dramatic shift in perception, just as the mainstream investor begins to catch on, and yet before the inevitable price explosion.
Over the last two generations, major government stockpiles of silver have been sold off for use by industry. Currently, though, the amount of silver mined each year is far less than the amount used. Industrial users will soon begin to feel the pinch of longer delivery times. When this happens, silver prices will skyrocket.
Soaring prices will mean the end of cheap silver. This is why it is so critical to act now