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April 21, 2010

2

Should You Own Silver

by oakley711

silver dollar

silver dollar

Silver’s definitely one of the best precious metals to own at the moment. However, I’d caution anyone trying to go a quick buck and trying for the “Short Squeeze”. Never underestimate the Government’s ability to manipulate the market. They may not have infinite amounts of silver, but they can print up infinite amounts of silver certificates (or options, as the case may be).

Silver should be a store of value against inflation, but it shouldn’t be part of a get-rich-quick scheme.

Morgan Silver Dollars


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2 Comments Post a comment
  1. Mar 25 2011

    SILVER is a great investment! Thanks for ones marvelous posting! I actually enjoyed reading it, you will be a great author.I will be sure to bookmark your blog and will often come back down the road. I want to encourage yourself to continue your great job, have a nice weekend!

  2. Apr 22 2010

    When the world is collapsing around you, people tend to run where they can. Gold has had some value for thousands of years, Fiat or paper money has been around for hundreds. But it has only been in the last 50 that all paper currencies are no longer tied to either gold or silver.

    Neither of them can be created willingly as is the Case of the Dollar currently. When the chickens come home to roost, they will find a burning hen house. The world is awash in dollars, more so every day. All it will take is a few small emerging market nations to sell their dollar reserves to bolster the purchasing power of their own currencies i.e. prevent inflation.

    Crystalline leaf

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