Why Have an Interest in Gold and Silver!

Our money is not the same as it used to be. Life will be very different in the next twenty years, than the last twenty years. The biggest reason to own gold and silver is to help protect you against high inflation. The way or currency is going the only two options are depression or inflation. After 1971 The Federal Reserve Bank ran the world and was able to flood it with fiat (paper) currency. Every time in history when a nation has gone to paper currency, it has failed and gone to its true intrinsic value of 0. So my suggestion would be, too protect and prosper from the dollars demise, turn your fiat currency into real money.

Silver's done slightly better than gold in the same period of time. Silver is another precious metal that can rocket ten times faster than gold in the coming few years. Silver trekked from just under $3/oz to now over $10, making it the best return out of all of the main precious metals. After all if you don't buy gold or silver while it is cheap, when will you buy? During the first quarter the US mint used 9 million ounces of silver in the production of Eagles. I bought silver for the day when the dollar would become like toilet paper, and this implies that well over 50% of dollars will try to buy gold and silver at some point.

If you first understand the fundamentals of money, as in currency, you will understand why gold and silver are the safest place to be right now. Complete ownership - you are the undisputed owner of your gold and silver, no fractional reserve banking, lease/lending, or leverage of any kind. Politicians, being politicians, of course want you to feel like they are Santa Claus, so they figured if they could separate gold and silver from the dollar, they could go out and print as much as they like for social welfare programs, wars, and all kinds of other projects. Its scary how in debt we north Americans are.

Conversely one could say there is great risk that the mining stocks will collapse again if the general stock market declines further, regardless of what happens to the price of gold. So over these next 10 years, more Chinese and more money will be coming into the precious-metals markets, all at a time when inflation is almost certain to be high, adding to gold and silver's appeal. Gold and silver are early in an historic bull market (in fact, as this is written, it's only a Golden Calf), making this a low-risk investment with an awesome upside for the long-term investor.

As with gold, so has silver been rising in tandem with the dollar for the past several months. One difference between gold and silver is gold is horded, silver is an industrial commodity used in cell phones, cameras it's used everywhere. It's a great time to buy silver.

My Name is Laura Reichert.
I am committed to helping others. I believe everyone has the right to live a better life. Happiness is for everyone. We can all create happiness, it is not something to strive for. Happiness is already in you, all you need to do is feel it. Money can't buy happiness but it is hard to be happy when your broke. Money can help take the stress out of some things.
http://laurareichert.me