Most Americans (about 97%) are still on the sidelines watching the new gold rush and silver rush unfold before their eyes. They don’t know where to go to buy silver and gold. They don’t know whether to allow someone to store it or whether or not to take delivery, and they don’t know what a good price is.
Silver still has lots of upside potential. You may want to read this short article: “I Stand By $140 Silver in 2012”: http://www.kitco.com/ind/Moolman/jan262012.html . Today you can likely buy silver for about $35 per ounce. If as Moolman suggests, silver is going to move up to $140 per ounce in 2012, then $35 per ounce today is a very good price. I don’t have a crystal ball. I recommend you do your homework to establish for yourself whether you believe this might happen. As for me, I’m convinced the dollar is going to be further destroyed and that silver as priced in dollars is likely to jump up much further than where it is today. It is likely to far out perform gold as a percentage of gains.
It is recommended that you take delivery of your precious metals. History is replete with examples of precious metals storage sites being robbed by those who run the sites. Besides, when times get tough enough that your actually need your metal, you’ll want to be able to reach out and touch it outside of third party control.
There are many on-line reputable dealers and mints where you can buy silver and gold and take delivery to your home. It is recommended that with all your getting you get understanding about the silver market and the economics that impact it.
If you watched the president’s speech you know that there will be trillions added to the deficit, trillions in additional unfunded spending, an escalation to the wars we’re in that will add trillions more to the debt avalanche, and that we’re staying on the course we’re on. Our United Nations peacekeeping WAR in Iraq, Afghanistan, Pakistan, and Libya may escalate next to Iran. Nuclear superpower China and and Nuclear superpower Russia have warned that we better not attack their non-nuclear super power oil partner Iran or it may start WWIII. What will all that spending do to the value of your Federal Reserve Notes and the price of silver?
Hang on to your hats.
Investing in stocks and precious metals is risky and could result in losing money. I am offering ideas for your consideration and education. I am not offering financial advice. Please do your own due diligence. I am not an investment adviser. Precious metals is not for everyone. I promote precious metals as an American Gold Reserve Affiliate. You should do your own due diligence when making investment decisions of any kind. You should consult your own financial advisers before making any investment decision. I make no guarantees that by following any advice or suggestion I might make that you will realize any return. Beware, all commodity markets and other markets carry risk of loss.