Silver Bullions and Coins as Hedging Instruments for Currency Collapse.

Silver and gold occurs in the earth’s crust at a ratio of around 15:1 which has been the trading ratio for much of human history.

· Currently miners are digging around nine ounces of silver out of the ground for every an ounce of gold.

· Sales of physical silver and gold for investment are roughly equal in dollar terms in major outlets such as the US Mint bullion coin program or the Sprott physical PM exchange-traded funds.

· More silver is used up in non-recyclable industrial uses than is being dug out of the ground right now.

· This situation has been going on for decades meaning most of the silver ever mined which was previously held as money (coins and bars) is now gone.

· The price of silver is so low that hardly any silver mines exist. Almost all silver is extracted as a byproduct from lead, zinc and gold mining.

· Silver is the world’s best electrical conductor, the world’s best reflector (mirrors) and an awesome germ killer. It is practically irreplaceable in thousands of vital products.

· There is now estimated to be less silver above ground than gold.

· The price of gold is currently 60 times higher than silver or four times its historic average.

(excerpts from silverseek.com)