| Let's look at some Gold and Silver United States history. |
Nelson Bunker and William Herbert Hunt were the heirs of oil tycoon H.L. Hunt. The family was one of the richest in America at the time. In the early 1970's the family decided to buy silver as a hedge against inflation, and amassed it in great quantity. In the fall of 1979, the Hunt Brothers, along with some wealthy Arabs formed A SILVER BUYING POOL* and bought up 200 million ounces- the equivalent of half the world's deliverable supply. The price of silver had moved from $2 per ounce in 1973 to $5 per ounce in early 1979 and then rocketed as high as $54 in early 1980.
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| Now let's look at the supply side. |
Silver is close to a 5,000 year inflation-adjusted low price. On top of that, over 90% of all the silver that’s been mined in the past 5,000 years has been used up by industry and is gone forever. The amount of silver being used up today is phenomenal. World silver inventories are at the lowest point in 200 years. At the same time demand for silver is greater than ever. Most of the gold ever mined is still with us, but the silver is used up and gone. Did you know that silver is scarcer than gold. That’s right! There’s ten times more gold in the known world supply than silver.
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| Now let's look at the demand side. |
New uses for silver keep expanding. Silver is the best conductor of electricity. It’s an absolute necessity in high tech. Every computer, server, monitor, cell phone and switch must have silver. Lasers, satellites, high-tech weaponry and robotics, all require silver. Digital technology and telecommunications absolutely need silver. Around the house there’s silver in every TV, washing machine, wall switch and refrigerator. Silver is the best reflector of light and the photographic demand for silver grows eauh year despite digital imaging.
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| How important is silver in industry. |
A lot of people in America don’t know how incredibly important silver is to industry. Nor do they know that the U.S. government has probably run out of silver. And most of all, they don’t know that the current shortage of silver is more than the known world supply. At the end of World War II the U.S. held over 3 billion ounces of silver. Now it’s gone, most of it used up by industry. Each and every year silver mining and scrap recycling fall 200 million ounces short of the industrial demand. That’s eaten up most of the world’s above ground supply. All the known and recorded silver in the commodity warehouses and elsewhere only comes to 150 million ounces. Industry requires almost 900 million ounces each year. Something has to give real soon! Are you going to be ready?
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| Gold and Silver Network Marketing History |
In just a few years, a gold and silver bullion network marketing company in the 80s was able to *pool together enough people to be able to purchase more gold coins then everyone in the world combined.
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