WHY SILVER IS FAR LESS THAN FAIR VALUE:
Silver has become what I call a "complex commodity" due to primarily the recent explosive demand for the metal by investors. The price of silver should be at least $200 but not just for inflation adjusted value. This would make it much more attractive for long term investing as it wouldn't take 10 large monster boxes of 1oz. rounds to store the wealth of $200,000 US dollars as it does today. Two boxes would suffice and this would make it more manageable for storage and transfer of bank holdings and IRA accounts instead of the massive amounts of space it takes at the current US prices. Also the problems of recent supply shortages and record minting of these coins would also be better balanced to compensate for both investor and industrial demands.
One other benefit for higher silver prices would be very beneficial to the environment. Currently silver is a heavily wasted element and commodity used in many industrial applications but discarded carelessly due to it's low cost. However the recent and rapid rise in price of silver is resulting in many companies recycling silver and circulating it back into production to reduce waste and neglect.
I'm expecting that a much higher price of silver is on the way and probably very soon but not necessarily because of the current ghost stories of a cataclysmic implosion of our economy, devaluation of the dollar, or a new currency. It is simply because the current price suppression must end as it will also be more attractive and likely to experience both price stability and steady growth at a higher price very similar to gold.
Got silver?
Well here is your last chance dip to get involved!
There is one problem with this: Silver is difficult to obtain at the moment. Do you know why? Because the elite are going to buy it cheaper now as you are shaken out of your holdings and they buy it back from you cheaper before it makes it's massive run up to new charted levels.
Good luck buying the dip. Don't sell.
