12/16/13 | SILVER SHORTAGE

Monday, December 16, 2013

Silver Projections for 2014 Time to Buy Silver!

By Joseph Cafariello
Monday, December 16th, 2013

So...

How many gold and silver investors are still hanging in there? Anybody?

Well, chins up, precious metals fans — because 2014 should see a broad range for precious metals prices, from slightly below to well above current levels, with an even broader range expected for silver...

Broad Spectrum of Predictions

Naturally, we're not surprised to hear long-term silver bulls calling for higher silver prices going forward.

“Silver To Hit New Highs Despite Bearish Forecasts,” reads a headline from Silverseek.com.

“One Trigger Event is About to Send Silver to All-Time Highs,” proclaims another from The Market Oracle.

But even large, international commodity research firms see the metals bull run as having plenty of life left. Research and consulting firm CPM Group expects to see silver “continuing a secular bull trend that began at the turn of the century.”

Bank of America’s Merrill Lynch (NYSE: BAC) wealth management division expects silver to reach $26.38 next year, up a tidy 35% from current levels. Analysts explained that an improving global outlook in economic activity would buoy silver, which has numerous industrial uses, and should help it outperform gold in 2014.

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Silver is a vital commodity to our way of life. Silver is a precious metal that is being trashed as an industrial metal. As a result, it is within years of becoming the first metal to become extinct according to the USGS. At some point the shortage is going to become so obvious, that people are going to rush to turn in their depreciating dollars for real silver money. That is just the monetary demand of silver, the industrial and strategic demand is another huge factor we should consider.Silver is a precious metal a monetary metal and an industrial metal, Industry alone requires over 900 million ounces each year , Silver has antibiotic antibacterial anti fungal and anti microbial properties . Silver is used in Dentistry Photography electronics Mirrors optics Medicine and in clothing , Silver is the best thermal conductor of all metals and The Best Electrical Conductor ,Silver is also an important catalyst in chemical processing.As far as getting it out of the ground, that will take energy which seems to be only getting more expensive,China is now the world’s third largest silver miner after Mexico and Peru, and the world’s largest Silver refiner,Get in on the bonanza and get your physical silver today while it is still available at a affordable price. In the next few years you may loose your ability to get in on one of the greatest investments that will protect your financial security when the dollar implodes and economic chaos appears in your area - you will be happy you did .USA geologist society have predicted that Silver will be the first element of the periodic table to run out by 2020. Physical silver outperformed the mining stocks by 4 times during the last bull market .Only about 2% of COMEX silver contracts are actually settled by physical delivery, and the rest are settled for cash or rolled over , Decades of market manipulation has made silver the most underpriced commodity in history Be thankful that you have realized this in time to capitalize.JPM and HSBC are behind the Big Silver Short.Get yourself some physical silver and take possession if you want any certainty of cashing in before the paper silver derivatives become worthless.The COMEX does not have the 103 million ounces they claim to have.