The price of Silver will soon rocket! Silver is one of the only metals that is consumed on a large commercial scale. Of the 20 or so pure silver mines throughout the World, demand is still exceeding production. Don't believe me?
-Warren Buffett's Smart Money is in Silver
-George Soros' Smart Money is in Silver
-Bill Gates' Smart Money is in Silver
-Bob Macmin's Smart Money is in Silver
Just because the big names are buying up silver, doesn't mean that us smaller guys have to miss out. There are many factors Involved in buying silver:
1) When and what to buy, coins, bars, jewelry?
2) Physical holdings or derivatives?
3) Where and how to store It?
4) Insuring your holdings
There has never been a better time to buy silver. Silver has the same buying power now, as It did 100 years ago. For example, a silver dollar is worth around $14 currently. It's the paper currency that has been devalued, compared with the silver, $14 buys as much petrol, bread etc as the original silver dollar did 50-100 years ago. This makes silver investing, the perfect Investment, as a long term strategy. Silver has many advantages over other so-called Investments.
Due to supply exceeding demand, the price will have to rise. The price has risen by 30% already during 2008. It has a tangible, asset backed value. Unlike shares, silver is a physical asset, and cannot disappear overnight, like savings, stock, bonds etc. Worldcom ring any bells? It can be turned into cash quickly and easily, should the need arise.
Keep up to date with the latest Investment Silver news here:
http://investmentsilver.blogspot.com/
Keep up to date with the latest Investment Silver news here:
http://investmentsilver.blogspot.com/
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