Why Buy Silver?

By JD Nutt, IG Web-Editor

Because you can afford to...

(Archived Report) - Sunday, November 26th, 2007 - Oklahoma City, OK. – Many in the working class of America are living hand to mouth. When a paycheck is received, groceries are bought. Most American families cannot afford to make investments other than personal real estate. The price of fuel and the devalued US Dollar is crippling the middle class.

The only hedge available for the working class appears to be silver. At the time of this writing, for approximately the price of a carton of cigarettes, two ounces of silver can be had. It has been reported the price of silver is set to skyrocket. If this occurs, those two ounces of silver may become worth over $600.00.

The facts...
Price inflation is raising its ugly head, the NASDAQ bubble-- generated by easy money-- has burst. The housing bubble likewise created is deflating. Gold prices have doubled, and federal spending is out of sight with zero political will to rein it in. The trade deficit is over $728 billion. A $2 trillion war is raging, and plans are being laid to expand the war. The only restraining force will be the world’s rejection of the dollar.

Jason Hommel, Silver Stock Report

I used to think that silver would be a good investment because of the current supply and demand dynamics, whereby more silver than is mined each year is consumed by industry, jewelry, and photography, which leaves no room for investment demand. But the nuances of current supply and demand say nothing about the upcoming and future monetary demand. The vast portion of the price and value change of silver will mostly be moved by monetary demand.

First, silver is not going to "spike again" to $50/oz. Instead, silver will roar past $300/oz. due to monetary demand. Second, silver may well be manipulated due to the NYMEX futures contracts. However, silver is manipulated far more because of the existence of paper money, and as paper money continues to fail, and monetary demand for silver returns, silver's value will skyrocket. Third, silver will skyrocket not due to current supply and demand fundamentals, but due to the overwhelming monetary demand in the future.

Northwest Territorial Mint

One of the most popular ways to invest in silver bullion is with the 90% U.S. silver bags. Misleadingly called “junk” silver bags, this name developed in the 1970s and was used to describe a bag of average circulated silver coins, meaning no rare coins were included.

Bags of silver do offer several investment advantages. First they provide small increments of barter. Secondly, the bag carries a low premium over spot silver. Thirdly, they are legal U.S. tender. Finally, silver bags are recognized around the world as a trading medium and are therefore very liquid. Order toll free Monday through Friday, 7:00am to 5:00pm Pacific Time. Phone 1.800.344.6468

Texas Congressman Ron Paul

“Since printing paper money is nothing short of counterfeiting, the issuer of the international currency must always be the country with the military might to guarantee control over the system. This magnificent scheme seems the perfect system for obtaining perpetual wealth for the country that issues the de facto world currency. The one problem, however, is that such a system destroys the character of the counterfeiting nation’s people--just as was the case when gold was the currency and it was obtained by conquering other nations. And this destroys the incentive to save and produce, while encouraging debt and runaway welfare.

Report Source(s):

http://www.nwtmintbullion.com/silver_bags.php

http://search.yahoo.com/search?p=silver+to+skyrocket&ei=utf-8&fr=b1ie7

http://silverstockreport.com/2007/review.html

https://www.ronpaul2008.com/

http://search.yahoo.com/search?p=90%25+U.S.+silver+bags&ei=utf-8&fr=b1ie7