STRIEBRO - aj najbohatší investovali do striebra

Ani sa veľmi o tom nehovorí, avšak najbohatší ľudia sveta Warren Buffett, George Soros a Bill Gates majú resp. mali taktiež investície v striebre.

1. The historic silver/gold price ratio was 15 or 16:1, but in recent years, silver is relatively cheaper ranging from about 40:1 to 80:1.

2. The supply and demand fundamentals for silver are extraordinary. There has been an ongoing supply/demand deficit in silver for 16 years. More silver is consumed by industry than is produced by mining and recycling combined. Some say this deficit reaches back 60 years, and has consumed virtually all the known silver ever mined since the beginning of the world. The annual deficit has recently ranged from 100 million to 200 million ounces per year. Annual supply is about 650 million ounces, and annual demand is about 800 million ounces.

3. Considering refined and mined known silver reserves, there is far less silver in the world than gold. About 150 million ounces of silver vs. 4000 million ounces of gold.

4. Most silver, 70-80% brought to market, is mined as a by-product of copper mining, gold mining, or zinc and lead mining. There are very few silver mines in the world, since most are really copper or gold mines. Therefore, mild increases in the price of silver will not bring substantially more silver out of the ground. Much silver is consumed in photography; by Hollywood and medical photo imaging. There is so little silver used in each photograph, that price increases in silver will probably not reduce demand. With a relatively inelastic supply, and relatively inelastic demand, it will require a dramatic explosion in price to bring the supply and demand deficit back into balance.

5. Famous Billionaires have bought silver in recent years. In 1997, Warren Buffett bought 130 million ounces of real silver (then it is said to be sold), due to the favorable "supply and demand fundamentals", and although he bought as much as they would let him legally buy, his purchase was with about 2% of the value of his portfolio. Another Billionaire who tried to follow in his lead would be unable to do so since there is less silver now available in the world to buy at the COMEX than what Buffet has, and less than that in known, reported silver reserves in the world. George Soros owns a large percentage of a silver mining company, SIL. Bill Gates used to owned over 10% of another silver mining company, PAAS.

6. In the gold market, there has been a large increase in paper futures contracts which are used to suppress the price. See my essay, "Controlling Gold with Paper". In silver, the relative amount of paper contracts is much larger. In other words, there are more paper shorts who will be caught in an impossible situation when the price of silver really begins to rise due to the fundamental supply demand gap. They will be forced to buy silver or go bankrupt. Either action will cause a dramatic rise in the silver price. If they default on the silver contracts, that will signal to the world the severe shortage of silver, and signal a great investment opportunity.

7. One of the cheapest ways to buy silver: You can buy U.S. coins dated 1964 or earlier, $1000 face value (4000 quarters, or 2000 half dollars, or 10,000 dimes), in a "bag" of "junk silver", which contain 715-720 ounces of silver, depending on how worn the coins are. In the early 1980's, when silver was $30-$50/oz., a bag of silver could be used to buy a house! Imagine buying the money for your next house for $3500 today by investing in silver!

8. You get so much silver for your money. A bag of junk silver weighs about 55 pounds, and is the size of a bowling ball.

You will sometimes find quarters in a bag dating back to the late 1800's. In the early 1900's, you could work all day for a wage of one silver quarter. Imagine being able to buy a day's wage of real money for less than a dollar of today's money! Today, a day's wage is over $100. Another way to put it is that the dollar has lost over 95% of it's purchasing power over time, yet, due to silver being undervalued, you can get 100 times the value of your money and labor if you invest in silver. Imagine if they paid a day's wage today of $100 in silver quarters; they would have to give you about 100 silver quarters today. The implications are that if silver returns to its historic valuations, silver will need to go up in value about 100 times, to $480/oz. Silver is truly a bargain.

Source: GoldE

10.02.2007