I strongly believe you should be accumulating silver for several reasons:
- There is very little of it in the world. There is 5 times as much gold as silver. Since the beginning of recorded time 40 billion ounces of silver have been mined and 39 billion ounces have been “used up”. The pubic won’t really understand this fact until silver prices begin to skyrocket.
- It’s also an industrial metal.
- We have already seen shortages and rationing by the US Mint of silver coins.
- Everything going on regarding printing paper money could lead to a severe currency crisis in the future.
I do believe that in the long term silver could be the single best choice of what to accumulate before things really hit the fan in the future.