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For many years, the U.S. government maintained a stockpile of silver. It had millions of ounces of the stuff hidden away in caves somewhere. The original reason was to back up our paper money. Today, hardly anyone remembers when “silver certificates” were the legal tender of this country.
Now, every ounce of that silver is gone, too.
Meanwhile, demand for silver is taking off. Industrial uses have been exploding, from new technology to “infection control” in hospitals. Investors are snapping up every “Walking Liberty” silver dollar the U.S. Mint produces. And new ways to invest in silver, such as exchange traded funds, have
Higher demand and lower supplies add up to only one thing: Higher prices! But as we’ve pointed out many times, that hasn’t happened yet. You can still buy silver for less than half of its previous highs – while, gold, by comparison, has reached and past its all-time highs. When is the best time to buy silver? We believe it is now.
中国对巴西投资惊人跨越 一年内从二十名到第一