Silver will be worth more than Gold says GATA Board of Director, Adrian Douglas

[9pt9]

Sounds nuts but I'd take it!

[cooldog60]

Another question do you think silver coins or bullion is better and why. Thanks

[cooldog60]

Are you talking about silver going higher than gold as actual price per once or as a percentage.

[jsaz1]

silver more than gold? YOU sir are a steamin pant-load !

[PAprepper1]

heres why silver will b more valued than gold....human greed, u can ALWAYS bank on that...

[MONOPOLY35]

I don't know if silver will surpass gold or not. However, we can be certain that every single precious metal, such as gold, silver, platinum, palladium, rhodium, etc will continue to go up! The question is, who will experience the highest percentage gains?

[connectingdots1]

@MONOPOLY35 Well I do know and so do MANY other silver investors & since you're unaware then maybe you should look into it but hurry because collapse of Euro starts end of March and two weeks later the same will happen to the USD.

buy your silver now and keep a little cash to buy again should it be brought down with the market crash,be ready to buy fast as in 2008 all silver was sold out fast with the sudden drop,which didn't last long either.

so get it now while it's cheap!

[MONOPOLY35]

@connectingdots1 I'm not unaware of the whole silver situation. My investment is personally in silver right now. CRASH JP MORGAN BUY SILVER! Only then will we see gold and silver get closer to each other. Where will it go, I don't know, but it sure is highly undervalued today.

[shawso7]

@connectingdots1 "...collapse of Euro starts end of March and two weeks later the same will happen to the USD"

I've been following the work of Gerald Celente, Peter Schiff, Jim Rogers & Marc Faber from BEFORE the panic in '08, so I believe a collapse is inevitable because of THEIR ACCURATE TRACK RECORD. So now that I'm personally ready, in order to help convince my friends, family & others, it would help if I actually UNDERSTOOD the technicals for myself. I'm open to anything you got, PLEASE!

[AdamSchulz70]

Palladium is already 6 times more rare than Gold AU, and is less expensive per ounce than what Gold does achieve.

So if this conclusion about Silver is based on predicted future rarity alone should be right, then why is Palladium so (cheep) today?

[arynolds]

@AdamSchulz70 because of its electrical properties and ubiquitous use in EVERY electronic device on the planet. Supply and demand is what is at play here, not just supply. Scarcity only make a commodity valuable if that commodity is in demand. Silver is unique because its conductive properties are not diminished with the build up of oxide like aluminum and copper. Silver oxide layers are just as conductive as the base metal. Industrial needs will drive the price higher eventually.

[TheNeoIlluminatus]

@AdamSchulz70 Good ? Adam-although it's hardly "cheap". Since it costs less than Platinum and does the same job as a catalyst quite well, Palladium makes a great play in the near term, though Platinum is a great play as well-I NEVER thought I'd see it reach parity with gold, much less go over 10% below it-another great argument for the much more popular and heavily shorted Silver. Nice talking to a Free Market Person-I think JL needs to go drink his Vodka & not try to read & learn.

[elevatemindset]

Question: Do you really think that silver would trade higher than gold? I understand the whole scarcity thing, however, for that to happen it means that there would no longer be an industrial use for it because it would be far too expensive to use for electronics and whatnot.

So I think the real questions is: how much does it cost per oz to get it out of landfills. That I believe will determine the real price of silver. Any thoughts?

[profitleads]

We do consume gold, approximately 300 metric tons per year. Without gold, you wouldn't have any of those high-end pentium CPU chips from Intel or any of the Athlon chips from AMD, just to name one use.

[khayelitshaissafe]

Not silver, but BANKNOTES. The smartest thing to do today is to buy a variety of world currency banknotes (paper money) as an investment, as a collection, as an educational tool, as a hobby and as an eye-candy, to hang on the wall perhaps. Those kind of things such as banknotes are hotter right now than gold. In fact I do own a collection of 237 worldwide currency banknotes and some of them went really high up in value in just short 8 years.

[sreechamp]

its shit man

never some goods never change their value.put that fellow in mental asylum

[Avalon400]

Anybody who believes Silver can go higher than Gold is a sucker ! Silver is 13 times more common. That includes its presence in the Earth. It does not get "Lost forever". The Silver Dealers would LOVE for you to believe Silver will go higher than Gold.

[JohnLeeMD]

You have got to be an idiot if you think Silver will be worth more than Gold. In the history of the world, has silver ever been more than gold? AFAIK, no. Gold's MAIN value is as a store of value. That's what makes it valuable.

[connectingdots1]

@JohnLeeMD U poor idiot, get educated in the world of silver then come back and get more educated by watching my vids. gold is hoarded but silver is used and that is just the tip of the iceberg , go learn the fundamentals of silver before spewing BS like you just did.

[JohnLeeMD]

@connectingdots1 Answer that question: In the history of civilization, since precious metals have been prized, HAS SILVER EVER BEEN MORE PRIZED THAN GOLD. It's not a personal attack; I happen to own more silver than gold, by a lot. But let's be realistic: All "common sense" seems to favor silver as you presumably have read/heard. But look at REALITY: Why does Gold continue to make all-time highs, while Silver still hasn't broken it's all-time high?

[connectingdots1]

@JohnLeeMD Sorry Bro but I'm limited in space here to explain the Full picture but if take the time to get educated on the fundamentals as well as listening to hours of Ted Butler that will certainly help you better understand why silver will be worth more than Gold, just think about why would A Douglas say as well as many other big time investors,,it's all about fundamentals, gold is hoarded while silver is used up.. with a depletion date,more patents using it,multiple uses withdwindling stock!

[duke1duke1]

@connectingdots1 The amount of silver pulled out of the ground is 10x that of gold, and if its price rises to anywhere near golds, more will be mined, more will be recycled, and it will be consumed in lower quantities.

[TheyRiseBand]

@connectingdots1 You can explain it in the allotted space... In fact, you can explain it in three words: Price Discovery Mechanism. PDM works by discovering the scarcity of two items, and setting prices accordingly. John needs to research PDM, then decide if silver can, in fact, cost more than gold.

[thaichatham]

@connectingdots1 agreed :) His rude and wrong comments are clearly not fact or research based. You are right the actual metal on the ground is being used up at a much faster rate than gold. Like everything else in universe, it will eventually move towards balance.

[myantispambox]

@connectingdots1 Silver is used but only in mass quantities when the economy is good.

Name one time in history silver was worth more than 1/20th of gold, let alone 1/1.

[prussianblue14]

@connectingdots1 yes,recycle the atomic weight of silver in tvs,handy and 100000 items more need a price far away higher than 40 dollars. I only can agree

[youngbono18]

@JohnLeeMD

I dont think silver will pass gold, but the argument is that silver is being used up MUCH faster than Gold, and it has many more uses than Gold... so the more that is consumed, the more it will grow in value.

[passtheconstitution]

@JohnLeeMD actually there was a time when silver was worth more. That was a long time ago though.

[darthvader5300]

@JohnLeeMD We Russians value silver equally as we value gold but gold is only used as a store of value, for industrial high-tech applications. But silver on the other hand is something else. We use it to create silver-based anti-biological warfare injection solutions & compounds ever since my country has embarked to create and manufacture bio weapons by the thousands of tons, & a vaccine proof-form of germ warfare agent. We destroyed them all, I hope, but slip ups in security is a concern.

[TheNeoIlluminatus]

@JohnLeeMD To Answer your question, YES-It was nearly double the value of Gold in Ancient Egypt. Take a basic college economics course, and you will understand how idiotic your argument is.Had you just turned your PC off, we'd have just THOUGHT you were a moron. By typing away, you removed all doubt. Please-all such idiots-if you refuse to do your research on the 2012 Presidential Election, and you think we can save this nation with anyone besides Ron Paul or the TVParty-STAY HOME!!!

[JohnLeeMD]

@TheNeoIlluminatus Who's the idiot? I just made a statement, that I stand by--it's FOOLISH to think that silver is bound to be more valuable than gold because of some "shortage" that may/may not be occuring. If you can cite some exception to the rule (gold > silver), then hats off to you.

What is idiotic, is tying your being so much to being a silver bug, and taking offense to a remark on youtube... as if my comment is an affront to you personally. HAHA. Get out and enjoy your life buddy.

[TheNeoIlluminatus]

@JohnLeeMD Look Prick-you asked if Silver had EVER been worth more than your gold-without an ounce of research, you maintained that No,it had not. You challenged all to present a time when it had EVER been higher than Gold-I gave you clear precedence when it had-you refuse to acknowledge this, so I maintain my position.-you ARE an Idiot And a Prick-you helped me prove both these assertions, unlike your ASSumptions-you make many, all based on...what? All incorrect, either way.

[TheNeoIlluminatus]

ran out of space-W/out knowing that I am a geologist, that Peak Silver IS a Reality, that 95% of all gold mined since the dawn of time remains, while 95% of all Silver is Gone.ASSuming I am a Silver bug-while owning it yourself-just showing you are an ASS-no Me, just you. ASSuming I give two shits of what you think-did I do the same to you? Though your putting MD after your name has a pompASS air to it,I said nothing-just correcting your wrong headed "thinking". HAHA? r u 12?

[JohnLeeMD]

@TheNeoIlluminatus Being a geologist/a PM investor, is the same as being an economist/trader in this case. Think of how many "economists" will tell you our economy is bound for recovery. I, with no economic degree or credential, will tell you that's hogwash. You might like SLV to surpass GLD, but that's pie-in-the-sky. If SLV is really bound to surpass GLD, we'd be looking at least a 5000% profit. That ain't happening... and even you prbably know that.

[TheNeoIlluminatus]

@JohnLeeMD Your idiotic non-sequitur logic in so many areas is too much to address & certainly not worth my time. Fact-You didn't think Silver was EVER valued above Gold, I proved you wrong. You keep ASSuming-not gonna address your idiocy-Geologist same as an Economist?WTF is color of sky in your world dude? SLV is NOT Silver-keep typing=keep showing stupidity. Use basic, 2nd grade common sense, as FACTS've been presented, it's certain silver will be>gold-when's only valid question.

[masterpatric07]

@RicosDomeTown GOLD INDUSTRIAL USE IS 1.5 PERCENT.THAT IS WHY IS ALMOST NOT USED INDUSTRIALLY

[nilliterto]

silver is like those pidgeons that were so many that you could shoot up randomly and hit a few , but they went extinct in a couple of years

[StSimonMartyr]

Is it possible that COMEX is about to default, and so are getting rid of soon to be worthless paper silver?

Exchanges have been raising margin requirements, the amount of collateral investors must leave with their broker to back a position.

CME Group, has raised margin requirements three times in a week.

Paper pushers are changing the rules, so everyone is abandoning the paper ship and pouring into physical.

spot price is unlikely to recover but increasing premiums on real, physical silver.

[DetroitLove4U]

Hard to believe at first but very probable with the way matters are shaping out.

[masterpatric07]

@DetroitLove4U remember nothing works the way you think it does!imagine the amount of wealth transfer the elite is going to profit.it makes sense,all of the people buy dollars or rely on gold and the silver exceeds gold.you bet on silver you hit the bingo.it is a scheme.it will happen.

[eyeswideopennimrod]

I hope this info is right, cos i am sorted if it is ;)

[heidisweep]

silvers in for a name change sooner or later .........UNOBTAINIUM :-)

[donniebrasco24]

@RicosDomeTown lol, just facts my friend... im just kidding

[donniebrasco24]

@RicosDomeTown most black people have gold in their teeth too. Im sure a lot is consumed there too.

[connectingdots1]

@donniebrasco24 actually that doesn't count has consumed because there's also a lot of dental gold being recycled every year where as I'm talking about used and gone for EVER!

it would cost too much to recycle all the minute amounts of silver from thousands of applications and lots has been used up and never recyclable.

[disclosurenow9]

@donniebrasco24 ends up in funeral directors pocketses....

[iFreedom4ever]

In the past ten years silver has outperformed gold 463% to 435%, that's a +28% for silver, by the time this bull is exhausted silver may outperform gold by 400%.

[connectingdots1]

@RicosDomeTown when compared to how much Gold is still with us compared to how much as been mined through history it clear to see that even with present day uses compared to silver Gold is still more hoarded than any other purpose it has

remember that the USGS 2003 report saying that at present use of consumption silver would be the first element on the periodic table to be extinct by 2020 at current rates

=

[sromag]

I really don't see this happening for a very long time.

I would be more than amazed if it even reached half the price within my lifetime.

[jimbobubbadj]

@sromag A dollar today is worth 5 cents against a 1913 dollar. 1 oz of gold in 1913 would buy a good suit and it will today.

[nilliterto]

@jimbobubbadj yea i saw that video too ;)

[HistoryTours]

this would be nice since I own lots of silver

[endlessmountain]

bingo on silver trading higher than gold :)

[theeastwatch]

I dont see silver ever trading higher than gold.

-TEW

[bad08dog]

no volume...

[NowisEvollovetion]

"I concur with your assesment of the situation Mr Douglas".

Thanks for the vid ctd's.

Andy.

[heidisweep]

@NowisEvollovetion your a card you andy mate . really liked those owls brother.