AUGUST 17, 2011
How many times have we seen in movies or documentaries, where people find treasure and shout "We are rich! We have struck silver!". This does not happen. It is always gold.
Three factors that will cause the value of silver to skyrocket in the years ahead:
- Silver is a smaller market than gold and there is currently less investment grade silver bullion available for investors than investment grade gold bullion.
Due to overbearing demand, 100 oz silver bars are no longer struck with serial numbers
Mike Maloney has allocated 90% of his wealth into silver American Eagle coins and 10% into gold American Eagle coins. GoldSilver Insiders are currently converting 70% of their capital into silver bullion versus 30% into gold bullion.
If we invest in gold because of fear, all right.
If we invest in silver because we believe it to be a better investment long-term, fine, but we must be composed and settle in for the inherent volatility of the smaller silver market.
If we invest in both silver and gold, stability will be found in our portfolio's "golden anchor" while increased performance will surely come in time as the world relearns that silver is mankind's most undervalued monetary metal.