We are at an economic crossroads like we’ve never seen in the history of the world. Oil production and Silver production have both hit their peaks and we are sliding on the down slope. As Oil peaks we will be moving into alternative power sources here in the U.S. and solar remains the preeminent option to take it’s place. Of course, with Solar Power comes the need for physical silver because of it’s superior reflective properties.
Today Silver is more undervalued than any commodity in existence today, yet it remains suppressed by banking and money powers. When speaking of precious metals, all media analysts state that Gold and Silver are in a bubble, but all their analyses are not based on physical supply. As you will see below, Silver is also becoming the most scarce commodity. Here is a clip by Mr. Vision explaining where we stand in the situation with silver and where we will be headed.
Submitted by SRSrocco
The world is about to peak in global silver production. This will not occur due to a lack of silver to mine, but rather as a result of the peaking of world energy resources, declining ore grades, and a falling Energy Returned On Invested – EROI. The information below will describe a future world that very few have forecasted and even less are prepared. This is an update to my previous article Peak Silver and Mining by a Falling EROI. In my first article I stated that global silver production may peak in 2009 if we were to enter a worldwide depression. We did not have the global depression as massive central bank printing and bailouts have thus far postponed the inevitable.
Full report (pdf)
Read the original article HERE.