Silver is the most versatile metal. It has the highest electrical and thermal conductivity than any metal. It reacts to light in a unique way. We have thousands of uses for silver.

Besides a store of wealth, silver is commonly used in the medical field, water purification, the solar industry, electric car batteries, space technology and military technology. Due to these uses, silver used for commercial use often gets used up and is never to be recovered at an annual rate of approximately 400,000,000 ozt. (Annual mine production is around 900,000,000 ozt).

Geologically it is an epithermal deposit – surface or near surface, so the “easy” silver has been discovered mined and used up. The available stockpile of silver previously mined is also much smaller than the amount of available gold. Where as 90% of all gold ever mined is still in physical above ground form.

Silver is currently mined at a ratio of approximately 7.5-1 compared to gold but due to the industrial use resulting in silver lost to landfills. Actual silver available compared to gold is only a 5-1 ratio.

All that being understood, as of October 2020 silver is currently only trading at around an 80-1 ratio. The long-term historical ratio has been 16-1 which is why we see such a huge upside with owning silver.  

Although silver is more often considered an industrial metal, investment demand over the last year or two is equaling or sometimes exceeding industrial demand as investors realize how undervalued silver really is.