Scarce Silver
Is silver a good investment?
With the continued devaluation of the dollar resulting in the rise of precious metals prices, I’m considering purchasing some silver to act as a hedge to preserve my own buying power. I chose silver over gold because it’s cheaper and also actually is more scarce than gold, since gold is bought and hoarded while silver is bought & consumed (for electronics and other industrial uses). Is this a good investment? If I invest, it will be in physical bullion, probably in pre-1964 silver US coins, which have 90% silver content.
I would not be a buyer of silver or gold at this time. If you have the cash, keep it in cash or buy good, solid company stocks that have been hammered down 20% or more in this recent retreat.
If you really think all the doomsayers are correct this time when they never have been before (about Mad Max-type economic and social scenarios we’ve never, ever seen), forget stocks, but silver and gold will be of limited benefit. You are going to need enough guns, ammunition, food, water and fuel to get yourself and those closest to you through the crazy times. Start stocking up.
If you manage to survive them, having some gold and silver wouldn’t hurt, but having land that can produce food will be just as good, and that can be had relatively cheaply right now if you have cash.
FIGHTS ERUPTING OVER SCARCE SILVER PRODUCTS?
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scarce Giant Word Wall Sticker, Metallic Silver, 10 SuperGiantSticker (SGS) has brought us the Giant Word series in multiple typefaces. Combined with hearts or symbol decals, you can express your thoughts in 30+ colors and up to five (5) giant sizes.About the Giant Word Series: All letters have different weights, slopes and widths to name a few of the variances. All SGS Giants Words and Letters use the same measurement calculations, points (pt). A … |
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