Coin Shows

I am a firm believer that silver will pick up value here in the next few years. With the way the government is spending we are sure to see an inflation hit soon. Maybe even by the end of this year we could see food prices increase. The value of silver to gold historically has been about 1-16 or 16 ounces of silver to 1 ounce of gold. Currently with all the fake paper silver JP Morgan has (and yes they don’t have enough to actually cover what they say they have) it’s roughly around 1-62ish. I think when we see inflation start rising and JP starts stating they don’t really have all the silver the value will increase more to the 16-1 value. Most silver in the world is used in electronics now days and even though more is mined than gold, it is less available because of it’s usefulness in electronics.