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Peak Oil is You


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Page added on March 15, 2008

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Why Silver is better than Oil as an Investment


(Silver’s cheaper, more rare, and not nearly as dirty, or heavy!)


1. There is a 40-year supply of oil in the ground. There is a 14-year supply of silver in the ground. Therefore, silver is the better investment.


If “peak oil” is true, then every peak oil nutcase out there ought to be several times more worried about “peak silver”, since silver reserves will run out sooner.

If oil is used in more kinds of products than any other commodity on earth, then silver is the second most used commodity, used in electronics of all kinds. And if silver is used up first, then we won’t have all the electronic machines needed to go and get the oil!


But the “peak oilers” are not so worried about silver. Why not? I can only guess, but it is an educated guess based on extensive reading of their works over the years. I suspect it is because they are ignorant of silver, ignorant of economics, irrationally fearful, and worship government and “mother earth” instead of God.


SilverSeek



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