Buy silver you fools!
We are certainly opportunistic feeders. It’s easy to see. Most of our favorite websites are littered with too many ads. There are things we need and it’s hard sometimes to see through the smoke of marketing. If you are anything like me you read various news outlets and generate your own decisions based on such as well as life experience and your own intuition. All that crap aside. Silver is $19.36 right now! It was under $19!
Can I tell you something about life that I have learned in my short time on the planet? Life is very much about investment. Now, I am not talking about market investment. I am talking about recognizing when it is time to “buy” in life.
When I met my wife she was like something out of a movie. Not a XXX style flick from the 90’s to now. She was a woman from a classic 50’s number. To me she was Tuesday Weld, just beautiful, pure and rock solid morality. She was the woman I wanted to raise my kids. I was young. Some would argue too young for marriage. In life though, “buying” opportunities like this one don’t come often. Now I have repayment on that investment 50 fold.
Are you following the analogy yet or do I need to do another?
Silver is now at that point where I think you would be foolish not to buy. Not just from an investment standpoint but from the fact that it just makes good sense.
This is an especially important opportunity for those young fathers out there, all three of you. Costs of living will always go up and never recede. If you are in your late twenties, early thirties do you really think in 15-20 years silver will still be going for
We could talk markets, paper silver, price manipulation but I am not an expert on any of these so it would be a bumbling conversation. I want to talk simple facts because I feel many people are put off by the conspiracy behind the silver price. I am not if conspiracy and “in the know” investing has burnt them in the past or if people just hate the idea that people can be so evil.
Below are some facts about silver that I garnered from Michael Snyders www.economiccollapseblog.com . He always does an impeccable job at putting together pertinent information on important subjects. These are simple facts about quantities, industrial use and supply and demand in the future. From these three short paragraphs you should begin to understand why silver, especially at this price, is a worthwhile investment.
1:65 Ratio makes silver the only choice. The current gold to silver ratio is: 1 ounce of gold is worth 65 ounces of silver. These come out of the ground at a 1:9 ratio! That means just to get back to the natural mining ratio, silver would have to out perform gold 600%. This is regardless what happens to the dollar value of gold. If gold goes to $13,000 an ounce, silver at a 1:9 ratio would be $1,444 silver.
Silver is an industrial metal with over 10,000 commercial applications. Because it is one of the best electrical and thermal conductors, that makes it ideal for electrical uses such as switches, multi-layer ceramic capacitors, conductive adhesives, and contacts. It is used in some brazing and soldering as well. Silver is also used in solar cells, heated automobile wind shields, DVD’s and some mirrors.
Silver’s industrial demand should increase 60% to 666 million ounces per year by 2016 from 487 million ounces in 2010. Current annual mine production is only around 700 million ounces per year growing a few percent annually.
For the rest of the article: http://theeconomiccollapseblog.com/archives/silver-at-less-than-19-dollars-an-ounce-are-you-kidding-me
Closing? What more is there to say about the issue? Buy some silver you fools! It’s cheap and things don’t just get uncheap. When is the last time the cost of living went down. I am not talking markets, they have mastered manipulating those. Long term silver will be well worth the investment of 19 and some change.