Silver about to get its due?

I am posting tonight because I want to talk about silver. It is the precious metal that still hasn't broken out and whose 3 year chart looks more like its cousin copper than its big brother Gold. Silver has grown very cheap when compared to gold as its historical ratio of silver to Gold 50:1 has now crept up to 62:1. With this current currency debasing strategy that has happened worldwide, the safe currency of choice has been gold.

At its peak in early of 2008 before the meltdown silver was trading at highs of $21 while gold was peaking at $1000.... that is a ratio of 47:1. Today while silver is just challenging those highs of 2008, gold has surpassed those highs by $275 or 27.5% and currently has a ratio of over 62:1.

I am saying that silver is very cheap compared to gold and over the next few months while gold gets psychologically more expensive, investors will turn to silver as a cheaper more volatile alternative and bid up the spot price closer to the historical level. At today's current gold price of $1275 a 50:1 ratio would imply a $25.50 silver price and at 2008 's peak would imply a spot price of 26.50. At today's prices and the current bull move that should take us over $1300 this time. Silver is about to breakout and will outperform gold over the next while.

I have 2 huge blue sky silver picks that are primed for discovery...

One in the Yukon...

Klondike Silver

KS.V is a mover that has momentum with major volume over the last couple days and at .065 is still very cheap for the potential. The momentum should follow through for good reason as they announced multiple discoveries on a property that they are exploring as jv with ATAC Resources in the Yukon and recently announced a discovery of 3 veins within a huge 600m x 1100m multi element in soil anomaly with best samples grading 3 g/t silver and 1660 g/t silver... that is almost 1 oz /t gold equivalent at current metal prices. One high grade vein they have traced for 80 meters which is significant before it disappears under overburden. At .065 this stock is cheap, has the right joint venture and is exploring in the right area in the Yukon. The story at KS is just developing and as the more investors buy silver because of its relative cheapness when compared to gold, they will start looking for high quality silver deposits that may be mines one day and Klondike Silver gives you a great chance at discovery in the Yukon.

in soil anomalies have been a very successful way of exploring in the Yukon with so much overburden and tend to be very indicative of the potential size of the project. With such very prospective silver-gold project the market is just awakening up to KS's potential.

One near Revelstoke in BC...

Mineral Mountain Resources MMV.V has a host of mineral occurrences on their property (200+) and previous mining at the turn of the century that yielded ore worth $3454 in today's prices. MMV.V is a brand new company and has Nelson Baker heading the operation who was the guy that started Rainy River Resources and responsible for bringing the project to the company. The guy has a nose for finding quality, undervalued projects with huge potential and that is what we have here with Mineral Mountain Resources and their flagship property in the Kootenay Arc. There are numerous veins that have been previously mined on the property averaging 1 - 10 meters in width and grading up to 1200 g/t silver as well as other minerals such as Pb, Au, Zn...

Mineral Mountain Resources is another must have silver stock for the coming silver revaluation to more historical levels. MMV.V is currently selling a 10M shares @ .25 or .30 for flow through so I don't think the price will go to far for now but word on the street is that these guys are drilling in October. Not sure how accurate it is as it came from an anonymous poster on Stockhouse. No matter if it is or not true because with Nelson Baker at the helm, you know he is serious about building serious shareholder value.