When hyperinflation kicks in, or there is a serious internal strife within a country, gold has been the currency of choice. It allows the owner to flee to a safer more stable country with wealth intact. Silver has always been the runner up, but it is generally not used to travel (flee) with, as it takes a lot more of it to preserve the same amount of wealth.
I ask you, if double-digit inflation (or even hyperinflation) kicks in, where are you going to flee?
With most of the G8 countries now using quantitive easing (the mass creation of filthy money out of polluted air), and pumping massive stimulus your choices of countries will probably be worse and less worse than you current situation.
If you reside in a G8 country and serious inflation kicks in, chances are you will probably just stay put.
I could be totally wrong about this, and I would love your input (its just a thought that kicked in today).
Now consider that most silver that is mined comes from base metal mining operations like zinc, and copper. Since demand is way down for base metals (except in China) these mines have shut down their operations. Where is new silver going to come from? There are much better articles on this, but I just wanted to remind those who may have forgotten.
There maybe a great possibility that silver will out perform its golden counterpart in the years to come.
