Silver under $20 is a good deal. Maybe a great deal.

The natural ratio of Au/Ag is 1:9 if silvers price reflected this ratio it would be £100. Now consider silvers uses in medical and electronics industries compared to gold, most of the gold ever mined is still around in vaults and in jewellry etc, about 50% (?) of all the silver ever mined is unusable or thrown away. Peak silver is done and gone and it will only become rarer, some predict that it will become extinct as a mineable element. So you have an element with increasing demand and diminishing supply, such market pressures should send silver through the roof.
The reason silver is so low is because of manipulation it is being kept very low by the banks issuing paper ozs or EFTs.
 Just imagine holding an inflated ball under water and what happens when you let it go.
What you have is  the most undervalued asset ever , one that you can hold in your hand  and at these prices is the bargain of the millenium, a once in a lifetime oppertunity.
 Thats my opinion of course not financial advice.

Eagerly awaiting the reply of others and appreciate your thoughts!

Gold is like the bank while silver is like your spending money.

History of silver being used as money aside, one can't accurately look at the value of silver without recognizing it's uses in the industrial realm.  I've heard it is the second most useful commodity...behind only oil as far as how many uses there are for it.  It is used in small quantities in almost every electronic device.  And as technology pushes to new limits and takes ahold of more of our everyday lives, it will be even more useful/required to maintain our standard of living.

True, the value of silver is less than gokd and that makes it helpful for everyday transactions, but we might just see silver surpass the price of gold as it becomes consumed for electronic devices and in some cases, thrown out unknowingly when the device becomes obsolete.

Just a thought...imagine your cell phone being worth more as a trade -in than when you bought it?  Not because of the technology, but because the silver in it has increased in value...

Happy stackin'!

Great post , i too collect silver drwading the day that paper money will be worthless . Its definatly a good idea to keep a stock of precious metals in the event of another economic crash . The paper money system is much to volitile to trust . Great post keep em comming 😃

Dont know much about it but I do like your perspective and definitely seems more practical for exchange.

I like your way of looking at this. It's very similar to the views I have. I feel silver is drastically under valued (and gold mind you) but I feel silver has the greatest % gain when it all plays out and like you the silver to gold ratio will  get closer