My blog ilyuxo.blogspot.com Why would you want to own silver and gold now? I explain 5 reason why, like currency collapse and silver shortage.
Why to own silver now. Reasons 1-5
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Where to Buy Gold Coins and Silver Bullion Bars Online
Investing in Silver and Gold protects YOU against Inflation
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1. China has the largest silver reserves in the world. How much? We don’t know exactly. Silver is really not that rare.
2. Industrial silver is not the same as bullion silver. Manufacture does not require finest grade for industry. The two markets are very different. Don’t confuse the two.
3. Silver will FALL in price this year due to slower industrial growth.
Wait 6 month and you can buy an oz for $12 USD!!
you forgot……Silver is Gods money:)
Silver is valotile metal, I don’t deny that it can go to $12.
Silver is not just industrial metal, it precious metal as well, real money,
when people lose faith in paper currency they will go to silver.
In 1980 when silver reached $50 oz economy was far from booming.
@ilyuxo What you say is true about 1980, but let’s not forget that the reason it went that high in 1980 was because the Hunt Bros. tried to corner the market. It’s an anomaly that doesn’t make for a good comparison. However, I still feel silver will rise dramatically.