What Wisdom Suggests Doing

(Very Few are Wise Today!)

Silver Stock Report

by Jason Hommel, July 24, 2010

James 1:5
If any of you lacks wisdom, he should ask God, who gives generously to all without finding fault, and it will be given to him.

Proverbs 16:16
How much better to get wisdom than gold, to choose understanding rather than silver!

(This does not mean silver is "bad", it means silver is very good. To say something else, like understanding, is very very good, it must be better than something very good, like silver.)

And I fully agree with Proverbs 16:16. It is much more important to understand why you need silver, than just owning silver. Some silver owners are selling silver, because they have no understanding of why they need silver. Some others sell silver trying to anticipate short term tops, when we are far from a top. Therefore, having understanding is much more important than owning silver.

Proverbs 19:20
Listen to advice and accept instruction, and in the end you will be wise.

World Annual Silver Mine supply is 600 million oz., give or take 50 million oz. World Annual Silver purchased for investment is about 100 million oz. Therefore, only about $1.8 billion dollars is wise enough to be buying silver per year. That's less than one dollar out of $10,000 spent on silver per year.

Why is the Smart Money Investing in Silver Bullion Bars?

http://ezinearticles.com/?Why-is-the-Smart-Money-Investing-in-Silver-Bullion-Bars?&id=3524641

Excerpt: Silver has historically produced a greater return than other precious metals. The price of silver has more than tripled over the last few years while the price of gold has only doubled. Silver is more desirable because there are many more uses for it than there are gold.

http://www.reliefmine.com/faqs/202-buy-silver-coins

Excerpt:
If "smart money" is buying gold, then the smartest money is buying silver.

http://www.nuwireinvestor.com/howtos/how-to-make-money-investing-in-silver-7-tips-to-52855.aspx

Excerpt:
Recently, I met the owner of a well-known precious metals web site and I popped this question to him: "What do you think about investing in silver?" His reply was both profound and accurate. "David," he said, "The smart money is moving into gold, but the SMARTEST money is moving into silver!"

http://blogs.wsj.com/marketbeat/2008/11/26/golden-ratios/

Excerpt:
Smart money is buying Gold, Smarter Money is buying Silver & the Smartest Money already has it!

Popular quote about money: "Money is the most important subject intellectual persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it is widely understood and its defects remedied very soon." -- Robert H. Hemphill, former credit manager, Federal Reserve Bank of Atlanta