Norm Franz in his book Money & Wealth in the New Millennium: A Prophetic Guide to the New World Economic Order, poetically arguments that;
"Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants – but debt is the money of slaves."
Silver (Ag) exhibits the highest electrical conductivity, thermal conductivity, and reflectivity of any metal.
In addition, Silver recent discoveries in different areas as biology; noted its ability to combat infection, bacteria, fungi and even bad smells. Directly resulting in higher demand from medicine, biotechnology, and clothing.
Silver usage varies from the treatment of warts and bad breath to purifying water. it is also an ingredient in hospital paint. Walls painted with silver particles, therefore, will support sanitizing and disinfecting
Furthermore, there is another root of demand that is potentially growing as an indirect factor for sustainable agendas and renewable energy ecosystems.
The demand for silver to make photovoltaic cells for solar panels has increased in the last two decades 50 X (1 million ounces in 2000 to 50 million ounces 2019) which represents just above 5% of the AG annual's supply globally.
Moreover, besides the jewelry demand for investors, the potential solar power demand and the supply deficit due to difficulties in mining investments. (80% of the silver demand comes from mining, the other 20% from the scrap) the equation matches.
Considering all these numbers and other fundamentals such; derivates market capitalization, the ratio Gold \ Silver 80 X (Ag values between 5% to 15% to AU trade value) a possible global financial collapse, the growing demand for commodities, an increasing number of amateurs and professional traders via apps (Quantfury, Revolut, etc) and finally a possibly market synergy provoked by a main actor in the system (see that JP Morgan owns more ounces of silver than any other body in the world) will be enough substantial factors for a fully bullish momentum.
Other interesting major facts to be added are; The "Japanisation" of the global economy, inflation, stagflation, hyperinflation, negative interest rates, commercial wars, Brexit and decentralised movements, SP500 artificial growth……. etc
Finally, after put all stated above in a financial shaker, personally, my target is to reach 35 ounces of silver, one Bitcoin and other commodities assets by the end of 2020.
Dreaming is for free, documenting in the era of information is nearly free. "One ounce of silver cost the same as three pints of beer"
Seeking for financial education and self-realisation should be ideal for every individual in developed countries.
Freedom is an aptitude and attitude, freedom requires responsibility, knowledge, and risk.
Go Silver!!!
Further References and readings:
- Norm Franz in his book Money & Wealth in the New Millennium: A Prophetic Guide to the New World Economic Order
- MoneyWeek 25 October 2019 Issue 970
- London&Capital: The Japanisation of the global economy.Global macro & Marker Outlook Fourth Quarter 2019
- 21ST CENTURY GOLD RUSH Learn how to safely buy, sell, ship and store physical precious metals SD BULLION.
