Precious metals seem to be sitting like a coiled spring, just on the verge of explosion.
Many market analysts are saying that the economy is "rolling over" right now. Consumers are pulling back in a major way. A local contractor we know in the Birmingham, Alabama area typically does about $18 million in gross sales each year. He told us yesterday that his business has shrunk down to about $10 million these past 12 months. That's 45% down.
Southwest Airlines says that air travel is down. Pepsi sales are down. Chipotle Burrito just noted a decline in sales that has not happened in their business in 5 years. Even the Walmart CEO is saying that Walmart customers are spending less. He said that people's money is running out "before the month is done."
The Gold:Silver price ratio just crept over 100, meaning that gold is priced more than 100 times that of silver. This price ratio has historically sat at around 15:1, with gold priced 15 times that of silver, which mirrors that natural scarcity relationship between the two metals that God built into creation.
It is our conviction that this price ratio being so far from the natural ratio means that silver is very, very undervalued at the moment, possibly by a factor of around 7 times. Most precious metals experts recognize, however, that silver is not only being used in industry more than every before, but silver is also now being consumed in unrecoverable industrial and technological applications today as never before - cell phones, bombs, sanitary air conditioning ducts in hospitals - you name it.
This means silver is actually becoming more rare in relation to gold with every passing day. A price correction must come at some point.
The goal is not profit taking. The goal is to preserve what God has blessed you with through your hard work. You might end up "gaining" on silver if the price skyrockets, but you might not. We do know that silver will never be worthless even when paper currencies fail, and most especially when paper fails.
Central Banks are continuing to buy physical gold. You should be moving everything you can into physical silver in the Miraculous Medal Medjugorje Rounds.
Call Century Silver today at 877-936-7686 to talk with us about the Rounds or to request free materials for yourself or to educate others. We will ship this information to you or directly to your list of loved ones.
If you want, you can also order the Miraculous Medal Medjugorje Rounds online by clicking here. Call Century Silver Exchange for even better pricing by phone and for larger orders.
God bless,
Century Silver Exchange
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