VALUE INVESTMENT
In my mind, silver remains the ultimate contrary opinion investment. I think it offers the greatest potential for a significant gain. According to every expert and analyst who writes about silver, the price is low. Assets that are undervalued invariably have an adjustment that catches them up in price. In silver, that price move could be dramatic. The late silver analyst, Theodore Butler said, “Silver has the best chance of any commodity to develop into an asset bubble. Perhaps the greatest asset bubble in history. An asset bubble occurs when a large number of buyers bid the price much higher than underlying valuations would support. The bubble reaches its zenith when caution is thrown to the wind as prices shoot higher. The stage is set for something the world has never experienced before – an asset bubble accompanied by an industrial shortage. These are the two greatest upward price forces known to man. An asset bubble and a genuine commodity shortage appear set to combine in silver. Either one alone would have a profound impact on the price, but the combination makes it impossible to forecast how high the price of silver can go.”