Mint Suspends Sales… Silver Demand Soars!
This Metal is Set to Rocket Higher in 2019
Dear Reader,
In February 2019, Silver Eagle sales more than doubled 2018’s numbers, so much so that the mint had to actually halt/suspend sales.
Demand for silver is rising globally like never before!
***Rising silver demand for the solar industry is at an all-time high, and California recently passed a law saying that by January 1st, 2020, ALL new homes will be required to have solar panels.***
Think about all that new built-in demand… Silver is also heavily used in every electric vehicle, which have both government and free market demand.
In 2007, the demand for silver used in the solar industry wasn’t even notable. Last year, it was nearly 120 million ounces – 1 out of every 9 ounces mined was used for this one industry!
Chinese demand is at an all-time high, and even in 2008, Chinese demand didn’t let up.
What people don’t understand is that the silver supply is declining… In fact, we see a cliff dive coming for future supply.
Mine supply is falling, recycled silver is in decline, and there have been no major discoveries in decades.
We highly recommend holding some physical silver, ideally the coins like American Eagles and Canadian Maples, or just simple bullion rounds.
Institutions will eventually move money into the silver market, but they will most likely target the primary silver producers to maximize their upside.
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Silver only represents 0.02% of global wealth, so even a little bit of capital flow directed at this tiny market could cause it to rocket higher!
If you’re looking for a silver stock position, we suggest sticking with the purest silver producer on Earth, one that is owned by groups such as BlackRock, Sprott, Vanguard, Wheaton Precious Metals, Morgan Stanley, and Van Eck (GDX & GDXJ).
If you’re looking to own the purest silver producer, consider shares of First Majestic Silver (NYSE: AG).
For the physical metal, we personally like Miles Franklin (1-800-822-8080).
Silver is super cheap today, especially relative to gold.
***It comes out of the ground at an 8-to-1 ratio, but it trades today at 80-to-1!
Buy some silver and I promise that once you hold it in your hand, you’ll become a miser – and maybe even a silver bug one day.
Just remember that when it does have its big move, such as to $50 or higher, sell and take profits.
I personally give this investment a 1- to 3-year time horizon. If it doesn’t play out by then, perhaps we will consider moving on. But the downside for physical silver here seems to be very minimal.
Best Regards,
Daniel Ameduri
President, FutureMoneyTrends.com
93% Of Investors Generate Annual Returns, Which Barely Beat Inflation.
Wealth Education and Investment Principles Are Hidden From Public Database On Purpose!
Build The Knowledge Base To Set Yourself Up For A Wealthy Retirement and Leverage The Relationships We Are Forming With Proven Small-Cap Management Teams To Hit Grand-Slams!
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Original Article Available HERE
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