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Silver more rare than gold?

According to Micheal Maloney, there is 8.3 times more gold available to investors than there is silver. (as of 2007) Monex.com says about 95% of the silver that was ever mined has been consumed via industrial processes. If this is true, silver is tremendously undervalued! Anyone know the facts?

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I am going to say 3 words....BUY SILVER NOW......You can thank me later....and Sierra gets it.

I have heard this too. My

I have heard this too. My question is, if this is the case, why is the price of silver so low?

Historically, the silver/gold ratio has been around 1 to 15 or 1 to 16. It is currently around 1 to 60. Possibly this reflects the fact that there is more interest in gold as regards investing.

Silver would seem to be a better vehicle for investment. It seems to have more potential to increase in value.

As we all know, the price of any commodity is set by supply and demand. So, the demand for silver compared to what is available determines its price. The same can be said for silver.

If the demand for silver is weak compared to the demand for gold, this could cause the divergence in the price ratio. But to say that silver is rarer than gold seems to fly in the face of history.

Possibly the ratio will move toward the 1 to 15 or 16 ratio of history. Or, maybe the ratio will increase. Who knows?

Are you sure you know it?

"As we all know, the price of any commodity is set by supply and demand."

Not in the real world. Not that I've been able to confirm to my own satisfaction. Do you have evidence to suggest there are fair commodity markets?

I'll tell youn why.. because

I'll tell youn why.. because Silver has been manipulated by the big banks for the past 30 years.. Go look up anderw maguire. Go read all of Ted Butlers research.. This is why Silver is going to rocket to be 1 to 1 with gold. Silver is consumed.. gold isn't.

I have seen this before about silver being rarer than gold

due to industrial uses but I have a hard time believing silver is more rare than gold. What I do believe is the silver/gold ratio is out whack. The amount of gold to silver ever produced is estimated to be:
silver = 44.5 bullion ounces
gold = 4.25 billion ounces
That’s a ratio of 10.5 to 1
Right now the gold/silver ratio is around 57 to 1
So - If silver is undervalued due to consumption by industry, the historic production ratios also makes it a good bet for increasing in value.

The World's Cumulative Gold and Silver Production - http://www.gold-eagle.com/editorials_05/zurbuchen011506.html