February 5, 2020

By the SRSrocco Report,

As the Fed and Central banks continue propping up the financial markets, many precious metals analysts advise owning gold over silver. They say that gold is the key precious metal that will be used to reintroduce a “Sound Monetary System.” However, I believe the real winner in terms of “future value” in percentage terms will be silver, not gold.

When countries removed silver from their currency, it was recycled and fed back into the market to fill the insatiable industrial demand that took off during World War 2.  The world basically ATE ITS SEED CORN of MONETARY SILVER so we could have more fancy gadgets and technology.

The chart shows just how little above-ground silver investment stocks are remaining compared to the massive 51.5 billion oz mined since 1493.  According to the 2019 World Silver Survey and World Gold Council, there is approximately 2.5 billion oz of above-ground investment silver stocks versus 2.4 billion oz for gold:

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