If you are a silver and gold stacker, I would like to link up with you.
Please let me know your story in the comments and feel welcome to follow me at @hgmsilvergold , and I will certainly follow you back. Also, resteem if you think it is interesting or something someone needs to read.
I hope to share my silver and gold research on this tempting platform, and here is just a little taster:
This is a chart, I created and shared with a friend a while back. It gives the silver price relative to GDP going back to 1919 . That is the silver price per ounce divided by the US GDP in dollars:
Currently the silver price is about 0.001 of 1 billionth of current GDP (2015 figures). In 1980 at the silver peak it was roughly 15 times more and also in 1919 about 14 times more.
In my opinion it is virtually guaranteed to go back to the 15 - level. That means 1 ounce of silver is buying you 15 times more of the GDP than it currently does.
However, I think that an ounce will go to multiples higher of current GDP - to the 30 level as a minimum. This indeed will lead to a massive transfer of wealth. Why do I think this? I will let you know in my next post.
How long before the richest person in the US will be a primary silver investor, with wealth being denominated in ounces of silver instead of US dollars?