By Cameron McKirdy
Interest in silver has been on the decline, but lately it’s making an upward move in the markets. Let’s take a look at how real money has been doing recently.
Right now silver is $31.69 per ounce of .999 fine bullion. It jumped $1.35 today! That’s a big move for silver. It seems all prices are rising. Corn, soy, and gas are now more expensive. Blame it on what you want, floods, drought, refinery fires, but your wallet is getting lighter. Health care costs are going through the roof too. Maybe it’s because we have a private company, The Federal Reserve printing as much funny money as they can, and loaning it to us, and foreign counties, with interest.
The game is rigged, and the economy is fake, so what should we do? Well, in my opinion it’s again time to buy undervalued commodities. Silver is an excellent long-term investment. It will always have intrinsic value. I’m buying. There’s a lot of uncertainty in the markets, and that means as things get worse, people buy silver and gold to hedge against inflation. Inflation robs your purchasing power. It’s a hidden tax.
If you want to physically own precious metals, get to know a coin dealer, or buy from a trusted website. Survival Bros recommends buying generic silver rounds to avoid the high premiums of American Silver Eagles. You could also look for 90% silver, such as pre-1965 circulated coins at a discount. It’s up to you.
I love silver because it’s real money. The money our grandfathers toiled for. Now we have a dishonest currency, backed by nothing but blind faith. It’s a joke. Work forever for paper, or numbers on a computer screen. Ask yourself, what is money?
If silver isn’t your thing, maybe you want to stockpile food, guns, ammo, or even water. Silver is very liquidable, and other consumer goods can be sold easily too. I like stocking up on little knives, lighters, and things like organic tea. My hoard is well rounded.
Look at the silver charts, and see if you think it has an upward trend. It reached $50 an ounce not too long ago. If you picked up just one ounce of bullion a month, soon you’d be ball’n! You don’t have to listen to me, but I bet silver keeps climbing. Buy whatever you can low, and sell high. Hustling 101.