I will say this, it's time to buy silver coins kept at homesince the gold to silver ratio of 1 gold coin to 80 silver coins
(1/80th) is pretty cheap right now. Since in a gold led bubble
of precious metals, the ratio comes down to 1/15, meaning
silver becomes more expense by 5 times (80/15) increasing
silver's price to $75US before conversion to cdn and premium
on that due to demand, of maybe another $5 or more.
Going up in that maintained silver price 1/15 ratio, as gold's
bubbles goes up in price. But spectacularly at first to catch
up to its precious metal role with gold, platinum, palladium,
and any others.
Plus if the world financial/economy system collapses a lot of
mines in emerging nations are going to be nationalized for
years to recapitalize their central banks to tangible precious
metals. A lot of nations don't have enough in their central
banks right now.
That could even apply to some western nations, like canada
that just admitted it doesn't have any gold reserves in its
central banks, as if canadians and other westerners don't
need it whether as coins or gold stocks.
Canada might even do some appropiation (nationalization) of
gold and silver mines too. Gulp!
Come to think about it, isn't this largely why the financial
systems' ownership of emerging producing precioius metal
companies in the west and world, are forcing mergers,
consolidations and buy outs of them, so those who were
holding their shares as certificates at home as safe haven
(like hold precious metal coins at home) would be forced to
return them to their brokerage and trade them.
Keeping the shares in the system not out of it, so that if
their is a world collapse and the G20 do their 'bail in' confiscations
of our bank accounts and brokerage accounts, like they say
they will, the gold/silver certificate shares will be their to scalp
them by half their worth, too?
Yeah I think so!
The above is not an APRIL FOOL's joke but deadly
serious.
And the below is serious too about silver's coming spring
leap into much higher prices, to catch up proportionally to
gold's price, as it resumes its precious metal role along
side of gold. Perhaps better to buy silver as silver coins
and stored at home.
From
'Silver Is a Coiled Spring'
by Adam Hamilton | April 1, 2016
https://www.silverseek.com/commentary/silver-coiled-spring-15430 "Thus the relatively-static lion’s share of silver demand has little impact on its price. But while investing is responsible for just the other 1/5th, it varies wildly depending on sentiment. So it effectively sets silver’s price at the margin. And the overwhelmingly-dominant driver of how bullish or bearish investors feel about silver is the price of gold. Silver effectively acts like a gold sentiment gauge, mirroring gold’s action.
When gold is climbing decisively and investors believe its rally is sustainable, they tend to flock back to silver. And since silver is such a tiny market in capital terms, relatively-small inflows can drive utterly massive price surges. 2014’s total world demand of 1067m ounces per the Silver Institute was worth just $20.3b at 2014 average silver prices. That’s practically a rounding error compared to the global capital markets!
The World Gold Council pegged global gold demand at 4226.4 metric tons in 2014. At the average gold price that year, that was worth $172.0b. So with the world silver market being less than 1/8th the size of the world gold market, all investor silver buying and selling has a price impact on the order of 8x what it would in gold. So silver can easily move disproportionately far and fast once gold gets investors excited again."