Silver to become extinct?

It has been widely published in scientific circles that silver will be the first element from the periodic table to become extinct. Adrian Douglas builds a strong case for why silver must eventually sell for many multiples of its current price.

Category:

News & Politics

Tags:

• Silver investment
• silver bullion
• buy silver
• silver
• gold precious metal

[Frequencitee]

Maybe the periodic table of elements will be amended to include to include a now extinct metal referred to as "unobtainium".

[lukemagers]

You guys are talking about nickels and dimes. Buy it and hold it for a longer period. Silver is being used up. There will be a massive shortage as industry has been using up stockpiles for years. $13.50? Try ten times that. Easily. Gold preserves wealth, but silver can make you rich.

[Math4GReignEnt]

You could have made $70,000 in this gold move in the past YEAR starting with only $2k - $3k. If not more. Don't sleep on GOLD

[drosas85]

Silver is a precious metal but I cant find their sources about "extinction"

Sounds like a pump and dump scheme.

[riffmaster56]

The $20 loaf of bread analogy example doesn't hold water and here's why. Two guys have $100,000. One puts it in the bank, the other buys 2500 oz's silver @40, In 5 years, the dollar tanks and is devalued by 90%. The guy with the money in the bank now has $10,000. The guy with 2500 oz's of silver @ the then current price of $1000 an oz has $2,500,000, traded in @ 10-1 for $250,000 of new currency. Which guy do you want to be? It's a real no-brainer, isn't it.

[Doctoratkins]

Hard to beat gold for investment.

[mik3TV]

Please cite your USGS source. Its nowhere else to be found but here.

[GRdeveny]

Extinct? I hardly think so...as the price goes up - silver will start coming out of the woodwork, just like it did when the Hunt brothers tried to buy it all back in the 80's. Go get grandma's silverware.

[evadidio]

@osbornej76 history tells us that when a thing is extinct, man searches for substitutes...

[evadidio]

Ok, but when a prime is extinct, even is value is extinct. It's considered non existant, right?

[Kontaktt]

@OLDERBLUE No you are not a moron for questioning anything. The moron goes along with anything they are told. This is just what I'm doing. Traditionally silver had a 1:12 ratio with gold. Now if gold was to be at it 's1980 inflation adjusted price it would be $2400. That would put silver at $200 an ounce. Historically 1000 Oz of silver would buy a house. So if you can accum silver now you may in 10 years have a mortgage free house for life. There is alot more to it but hope this helps you.

[osbornej76]

I'm a silver bull, but this quote "extinct by 2020" is complete BS. The USGS never made any such claim.

Don't believe me? Post a link to this USGS quote....