Hecla Mining Company (HL)

Vince1172 (87.84) Submitted: 4/14/07 5:41 PM : Start Price: $9.25 HL Score: 2.17

Here are the two most bullish factors affecting silver.

1. The world has nearly run out of silver.

2. The nations of the world have printed up nearly unlimited amounts of unbacked paper money.

Put together, these two factors have never occurred before in the history of mankind.

True, the world was once using silver as money in many nations at once. But back then, in the late 1800's, the world had 5-10 billion ounces of silver to use as money. Today, we have much, much less, because most of the silver that has ever been mined in the world has been consumed by industry, and we may be down to about only one billion ounces or less.

True, there have been hyper-inflations as paper money has been printed to excess. But at those times, it was usually in one nation at a time, and there was still plenty of silver (and gold) to be used as money.

Today, no nation is using silver as money. And today, the world is almost out of silver. These factors create this once-in-history opportunity.

Silver today may be the best investment opportunity in the history of mankind.

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