Why Investing In Silver In Today"s Uncertain Times Is An Absolute Bargain
For at least the past 9 years from the date of this article, the US dollar has been steadily plummeting in value due to the reserve bank printing dollars after dollars.
The concern about that is the US is steadily going bankrupt by inventing more and more cash which serves as an illusion to real money.
You see, cash is just representational for a given value that might be attached to a material thing.
For instance, notice when you go shopping at your local convenience store or gas station, it appears that everything costs more than it used to, maybe even just several months before hand? To see a graphic example of the dollar losing value, just look at the increase in the price of silver and gold, along with other precious commodities.
Gold, at this time, has quadrupled in price today (early 2011) since the year 1998.
Although it seems gold has escalated to all time highs, it's all the commodity prices increasing.
In other words, to look at this from another point of view, the US dollar is losing purchasing power at such a disturbing rate that the government will run it's deficit, I fear, into a level that could be insurmountable for a very long time to come.
The US government would have to make absolutely drastic cuts in the nation's budget spending on security, military services, essential health, medical and education services and so on.
All this brings me to my next point - You're probably thinking - "What can I do to hedge against inflation??" Well, I'm glad you asked.
The absolute best hedge you can use against inflation is to be investing in silver.
Investing in silver gives you the flexibility of the spot price and because it's a fraction of the price of gold it also has a higher demand in the industrialised world.
Silver is used in tech companies who make computers, TV's and mobile phones, etc.
so the demand for silver is quite strong and there is actually less silver in the world than gold.
Then why is silver less expensive today, than it's proportional price relative to gold 10 years ago? Well there could be many answers to this question, however today silver represents an excellent buy and the silver market is poised for an imminent up swing in the near future.
It cannot possibly maintain it's unconventional lows it has been in for a while.
Investing in silver today is the best decision you could really make to guarantee a solid retirement.
Forget saving cash - Cash is trash.
Forget superannuation - I like to call it average-annuation.
Read on to find out more about exactly what kind of silver makes the best investment!
The concern about that is the US is steadily going bankrupt by inventing more and more cash which serves as an illusion to real money.
You see, cash is just representational for a given value that might be attached to a material thing.
For instance, notice when you go shopping at your local convenience store or gas station, it appears that everything costs more than it used to, maybe even just several months before hand? To see a graphic example of the dollar losing value, just look at the increase in the price of silver and gold, along with other precious commodities.
Gold, at this time, has quadrupled in price today (early 2011) since the year 1998.
Although it seems gold has escalated to all time highs, it's all the commodity prices increasing.
In other words, to look at this from another point of view, the US dollar is losing purchasing power at such a disturbing rate that the government will run it's deficit, I fear, into a level that could be insurmountable for a very long time to come.
The US government would have to make absolutely drastic cuts in the nation's budget spending on security, military services, essential health, medical and education services and so on.
All this brings me to my next point - You're probably thinking - "What can I do to hedge against inflation??" Well, I'm glad you asked.
The absolute best hedge you can use against inflation is to be investing in silver.
Investing in silver gives you the flexibility of the spot price and because it's a fraction of the price of gold it also has a higher demand in the industrialised world.
Silver is used in tech companies who make computers, TV's and mobile phones, etc.
so the demand for silver is quite strong and there is actually less silver in the world than gold.
Then why is silver less expensive today, than it's proportional price relative to gold 10 years ago? Well there could be many answers to this question, however today silver represents an excellent buy and the silver market is poised for an imminent up swing in the near future.
It cannot possibly maintain it's unconventional lows it has been in for a while.
Investing in silver today is the best decision you could really make to guarantee a solid retirement.
Forget saving cash - Cash is trash.
Forget superannuation - I like to call it average-annuation.
Read on to find out more about exactly what kind of silver makes the best investment!
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