Is silver undervalued?

   Think about this... one ounce of silver on eBay is selling for about $24 while the silver "spot price" is currently trading (on paper) for only about $15 per ounce? This is an unbelievable premium people are willing to pay on eBay for physical silver. This is an important sign that silver is undervalued and heading for a huge rally. I checked the charts, and it's been down alittle bit since December and January- but that's when you Buy, Buy, buy..You know.."Buy low- Sell high"....I went back to e-bay and searched a common ounce of silver like the "American eagle bullion coins and it's still up at 24.00 to 27.00 an ounce...Crazy Huh?


Here's alittle tidbit I found on-line about silver:

   It is highly possible we could see silver move much faster than gold this year. If silver heads back to its historical gold to silver ratio of 15:1 and gold goes to $5,000 within 5 years, we could potentially see silver head to $333 an ounce. This is a 2,279% gain from the current price. In the shorter term if gold goes to $1,500 by the end of the year and the gold to silver ratio drops to 35:1, the price of silver could go to $42, a 200% gain from the current level.
                                                                               National Inflation Association

     Ya See...Silver is a consumable product! We use it in many manufacturing process ...Film, wiring, and electronics...We are consuming it faster than it can be mined..Gold isn't..we don't use it up nearly as much, and because of it's price and value we refine it when we want to change it's form. I have heard that the space shuttle even uses silver...that it's irreclaimable too, after the shuttle blasts off- it's gone forever...I would imagine that it is some kinda wiring and gets burned into the atmosphere at take-off...

     Silver can be used as money too..There is a "One dollar" stamp on the 1 oz. American eagle bullion coins,..If and when the paper dollar is as useless as i think it is already- Silver may be the only thing we can count on to have value...Justa word to the wise... Wildbillo