US$50 za uncu striebra

V súčasnom období (v porovnaní s koncom minulého stroročia) je v globále menej striebra pre investičný a priemyselný dopyt, avšak väčší počet ľudí, ktorí sú ochotní do tohto kovu investovať.

My belief, and this certainly can't be proven, is that people have almost a financial survival instinct, just like a basic survival instinct, and when things are really going south in a hurry, people will seek something, anything, that they perceive will preserve their wealth or protect them. Both gold and silver have done that throughout history. Now, if gold is going north of $1,000 or $2,000 an ounce (pick a number), you might not have that much to preserve, but whatever you've got you will still be highly motivated to defend it. So you're going to go to the next best thing or the only other thing you can find – and that of course is the silver market.

I see that taking place this time around, except it's not going to be 1% of the United States' population, it's going to be roughly 1% of the world's population. And on top of that, you've got to remember that silver hit $50.00 in 1980, but there were roughly 1.6 billion ounces more fine silver available above ground than there are today.

So, we have a much smaller silver supply that's available for investment or industrial use, and we also have a much larger base of people willing and able to get into the silver market than there was before. That's why I think the $50.00 level is going to be breached in real, inflation-adjusted terms. If we take the $50.00 price that silver achieved in 1980 and adjust for inflation, that's roughly $130.00 an ounce in today's dollars!

I have been on record as saying I see silver going over $100.00 an ounce in US Dollar terms. Now I want to be very clear here: I'm very practical. For something to get to $100.00 it means it must get past $20.00 again and then it needs to get to $30.00 and $40.00 and $50.00 and on and on, so certainly I'm not trying to give any false hope or false indicators. But when the US Dollar goes this time, I believe, the panic of 1980 will look like a warm-up event.

Článok: goldnews.bullionvault.com/silver_china_082120093

25.08.2009