Silver, the peoples money Options

[CP]

Silver used to be refered to as the "peoples money" at one time.
With all the crazy economics world wide today, some say silver prices will align/rise to be more appropriate with not only gold but supply and demand for the precious metal. We use alot more than what is mined yearly with new uses also being found in technology, this will only continue to rise.
silver to gold price ratio's historically have been quite varied from 15:1 and as high as 94:1. Currently (2012) running about 53:1

I know there are a few Colorado Prospetor's out there that would be really excited to see silver prices take off! Also, it's antibacterial.....so it's cleaner than green!

How about you? Thoughts on the "peoples money"?

[EMac]

Just for everyone's info. Nationwide is having a deal while supplies last on 1/10 gold eagles for $115 each, maximum ten. They do try to upsell you on an ms70 collector coin but you don't have to buy it.
I don't like the upsell technique but the gold price is way cheap. Heres a link.

https://www.nationwidecoins.com/buy-gold-silver-coins/

Looks like a sweet deal; spot price is $1277 at the moment, so $1150 for 10 is a steal. The back of my head starts spinning with "if it seems too good to be true...".

Have you bought from them before? How was the transaction if so? These guys didn't seem to like their experience: http://www.goldismoney2.com/threads/nation...mbs-down.17816/