The
decade from 2000 to 2010 is now forever behind us.
So
what is in store for the new decade? 2010 to 2020? The last decade was a good
time to prepare and recognize that severe chaos was on the way. And that
chaos is like a boiler slowly building up pressure.
It is
simply amazing how quickly the world can turn upside down as we have begun to
witness these past few years. There still is time to get your house in order
if you act quickly. Silver is used very much in industry as well as for
investment purposes. Most of the silver produced from mines is consumed by
industry demand every year.
The
dollar is on its way down and eventually we will see inflation climb much,
much higher. Silver remains a good investment for the simple fact it has
been forgotten while everyone else watches the price of gold climb. The
normal historical ratio of silver to gold remains far out of whack. Silver
just never seems to get the respect gold gets. But that fact takes away none
of the value silver represents.
“Junk”
silver is one excellent way to buy silver. Junk silver represent pre
1964 dimes, quarter, or half dollars. Basically, any coin that used to be
made primarily out of silver.
Almost 50 years ago the US began taking silver out of US coins. Today
there is no silver content remaining in the US coins minted.
Silver
is still very much worth buying and there are many ways you can investment in
silver.
Hear
about the 2 Persian ships entering the Mediterranean? Birth pains. These
are events leading up to the equivalent to the great pain of a child being
birthed by his mother. Yes, we call these events merely the beginning trouble
to come in this decade. What will be interesting is how many of us will
still be standing after 2020.
The
major deterrent that has held the world back from total annihilation has been
the threat of what would happen to even the enemy who may deploy itself
nuclear weapons. Right now there’s a lot of anger out there. Noticed?
The entire Middle East is erupting. And it’s a miracle this
hasn’t already happened. Considering the fact that most of these
countries only gained their names and geographical boundaries less than 100
years ago.
Silver
is worth considering simply because it has not risen to past historical
averages. Right now silver is not keeping its ratio with gold. We are
witnessing the tightest silver supplies in human history. Demand for silver
continues to grow as the monetary system is folding apart world wide.
Investors
want to preserve their wealth and they are buying hard assets to do this.
Silver is an excellent precious metals investment. Buy as much physical
silver as you can. Buy and take possession of all the physical silver
you can afford.
Why
is silver so special?
Silver
is just now getting recognized by potential investors. I suppose the shine of
gold on a state capital is always more dazzling than silver. Silver coins are
the better way to hold silver. It will be easier to barter a silver coin than
a big block of silver bullion. Gold trades every year close to 3 billion
ounces. But the silver market is very much smaller. Only a few hundred
million ounces of silver are traded around the world each year.
Gold Letter
The
change we are witnessing in the Middle East now is frightening. Most of
these Middle Eastern countries were made by the cookie cutters of Europe
after World War 1.
I
never try and predict an exact future price for any precious metal. But I do
believe the odds are very favorable that when inflation really kicks in the
price of silver will climb significantly higher.
Today
most of the supply of silver is coming from new annual mine supply. Silver
has two uses. It is used in industrial applications and bought by investors
seeking long term protection for their wealth. It would be a very wise
decision to begin immediately acquiring physical silver. Not paper
silver, but physical silver.
Silver
and gold. Buy it as money. When you buy the physical consider it as savings. And
don’t sell. Keep it.
David Vaughn
Editor,
Gold Letter, Inc.
www.goldletterdv.com
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