Historic Silver Prices

All-time high: $ 806 per ounce, adjusted for inflation in USD from 2016; Silver to Gold value around 1500 which is 11 to 1, later 16 to 1, today partly over 100 to 1!

Manipulated Silver Price

Silver is very undervalued since decades. In a manipulated market, the silver price is artificially low. Demand has exceeded supply for years and is increasing at about 4% per annum. This is trivialized by several tricks: • Forward Contracts: You are selling silver that has not yet been produced / mined. • Lending: Trade in leasing contracts (lent silver); • Silver certificates: Silver stocks sold multiple times.

Silver reserves

Silver is a limited resource. Silver appears solid, predominantly on the surface of the earth. In contrast to gold, the silver concentration decreases with increasing depth, making silver production more and more expensive. These facts suggest that the old silver-gold price ratio could be regained from about 15 to 1 and even surpassed in favor of silver.

In comparison to gold at a silver purchase there is due a value added tax. Or silver can be kept in duty-free warehouses which charge a fee. So normally you have the choice between the value added tax and the storage fee. Alternatively with DAGs these costs can be avoided!