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Anyone
reading this blog – and following Silver Circle – possesses WISDOM
beyond their years. I like to believe I had it, too; however, when I was in
my twenties, financial SURVIVAL out-prioritized all else. That is, there were
plenty of choices I would have liked to make, but few I was capable
of executing.
I’m
42 now; so it’s not like I’m an old man. However, I have worked
diligently since my first paper route at age 10, making me a 30-year
“veteran” of the work force; including 16 years on Wall Street;
four in the mining industry; and since last year, Marketing Director of Miles Franklin – one of the
nation’s largest bullion dealers. Actually, I write a FREE newsletter
five days a week to educate people about the TRUTH behind Precious
Metals and financial markets – which can be accessed via our online
archive, or by registering
to have it emailed daily.
In 2002, I
began my “TEN YEARS
OF HEAVEN AND HELL” by buying my first gold mining stock. I had
already sold my last “non-mining” stock in 2000 – at the
beginning of the “Tech Wreck”
– but felt confident miners would be good investments due to my
expectation Precious Metal prices would rise.
I was
correct about gold and silver prices – and until 2007, mining stocks as
well. However, “OFFICIAL
MANIPULATION” has all but destroyed mining investors since then;
yielding my decision in 2008 to start divesting miners, and buying PHYSICAL
gold and silver. Finally, in early 2011, I divested my last mining stock
– FOREVER – and went 100% PHYSICAL. I have since slept the
“SLEEP OF THE
JUST,” escaped the government-manipulated “financial
markets,” and helped countless others to do the same via ownership (not
“investment”) in PHYSICAL gold and silver.
For decades,
we have been brainwashed that “dollars” are money; when in
fact they are NOT EVEN CLOSE to its actual definition. The dollar only
meets the parameters of the black bullets below- i.e,
the least important; but not the red bullets; which, if not properly
understood, could mean the difference between financial LIFE and DEATH…
Gold and
silver meet all such parameters; and thus, have maintained their value for
5,000 years of monetary history. Why gold and silver, you ask? Just take a
gander at the short video below…
Why Did Gold
Become Money?
Anyhow, my
first advice to “twenty-somethings”
– and anyone, for that matter – is to teach yourself that gold and silver are REAL MONEY; while
“dollars” and “Euros” are simply fiat currencies,
backed by NOTHING and destined to FAIL – like ALL 599 before it…
Research Shows ALL
Paper Money Systems Failed
Secondly,
I’d tell you to start trading a portion of your savings into
such REAL MONEY; recognizing precious metals in your own hands are FAR
SAFER than fiat dollars in a – likely insolvent – bank.
Finally,
I’d tell you to focus on silver. Silver has been a monetary
metal as long as gold; going back to ancient times, given the
countless mentions of them in the bible. It is derogatorily called
“poor man’s gold” because it is cheaper, but that
doesn’t make it any less valuable for your invested dollar. In
fact, due to the aforementioned price suppression, silver – the
FAR SCARCER of the two metals – is significantly cheaper than gold. It
currently trades at less than 1/50 the price of gold, but historically this
ratio has been closer to 1/15; and due to said scarcity, I expect this ratio
to eventually return – and potentially fall as low as 1/5.
One ounce American
Silver Eagles and Canadian
Silver Maples are the most popular silver coins, and trade at the highest
premiums above the PAPER “spot price” quoted on financial
websites. However, “generic rounds” like Silver Buffaloes are
also very popular and widely recognized; trading at lower premiums than
Eagles and Maples.
Above all,
I believe you “MUST OWN JUNK
SILVER;” that is, pre-1965 dimes, quarters, and half-dollars
– all of which contained 90% silver. They currently trade at very low
premiums to spot prices; but have multiple advantages to other coins. For
one, they are the lowest denominated silver coins you can buy – a
pre-1965 dime is worth about $3.00 today – making them extremely useful
for barter if ever required. Secondly, they are more widely recognized than
even Silver Eagles; and finally, if the government ever tried to confiscate
Precious Metals (I highly doubt it), it is hard to believe they would
confiscate actual American currency.
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