Why Did Silver & Gold Collapse? Peter Schiff

Why the recent sell-off in gold and silver defies the fundamentals, ignores the facts, is predicated on a myth, and has succeeded in creating the necessary level of scepticism and fear to finally propel precious metals to new record highs.

Business: HOW TO Buy Silver Coins

Video for people with visual disabilities. Use Closed Captions (CC) to get the most out of this video. Small Business, Things Needed to Start a Business. You're about to discover the world's first and only business of it's kind in the precious metals industry. Not only do our associates save an incredible amount on the purchase of Gold & Silver Bullion and Numismatic Coins, but they also enjoy an incredible ability to earn a substantial income from the comfort of their homes. Never before has there been such an upward trend for purchasing precious metals... and now is the time! According to many of the leading experts: ...this is just the beginning of the greatest boom in precious metals history! Preservation Of Wealth (POW) gives you the exclusive privilege of purchasing precious metals for 5-50% less than everyone else, PERIOD! Just imagine what that savings alone could mean to you! With our incredible purchasing power, we are able to buy our precious metals from the largest distributors in the world and by doing so we pass on our tremendous low prices to our associates. We simply pass on our price to our associates without ANY mark up or commissions added to the price. Our associates receive substantial savings getting their metals through us and experience savings anywhere from 5-50% on the same metals they would have purchased elsewhere. Add to that...the fact that our associates also have the opportunity to create a substantial income with their very own "Dealer Direct Pricing" Gold & Silver Business. With the current economic environment and current market trends, our associates are taking advantage of this tremendous timing. And it's easier than ever for them to build a long lasting residual income and maybe for the first time in their lives, create REAL wealth! For many of our associates, that will stay with them and their families for years to come. Just think about it...You can't watch TV or listen to the radio without hearing all about the economy and the importance of owning precious metals. Never before has there been such a huge buying trend towards the purchase of metals. You now have the opportunity to take advantage of the largest market trend in the history of the precious metals market... all while being in the "Right Place at the Right Time" and Create, Grow & Preserve Wealth for you and your family! How We Do It! So you may be asking... "HOW can Preservation Of Wealth not charge commissions or any mark ups and still make money?" Well, the easiest way to explain it is to compare us to a wholesale club business, like Costco and Sam's Club. By having a focused and exclusive group of associates brought together for a single purpose (getting the best prices on precious metals), we use our incredible buying power and purchase precious metals from the largest distributors in the world for the lowest prices possible! We then pass the prices we pay to our associates. Now, obviously if you were buying or wanted to buy precious metals, I'm sure you'd want to get the best prices...right? Well, now you can! And THAT'S how we make our money. We profit and so do our associates, by simply helping others get involved with us by taking advantage of our Exclusive Benefit Package.

An Unprecedented Rush to Gold & Silver Bullion causes Shortages Worldwide

The shake out of ETFs and futures has left the Australian mint short of deliverables and Japanese and Chinese gold retailers seeing a “frenzied” surge in demand. The customers are not just the ‘rich’ or ‘elderly’; in China “they tend to wear water shoes and come directly from the market…;” in Australia, “the volume of business… is way in excess of double what we did last week,… there’s been people running through the gate,” and Japanese individual investors doubled gold purchases yesterday at Tokuriki Honten, the country’s second-largest retailer of the precious metal.
 
For bullion-buyers, this also introduces an additional variable to consider in looking for a source for your bullion: availability.


I certainly see the current situation as a "buying opportunity" for investors. Indeed, had I not used-up the remainder of my bullion-buying dollars (for the time being) at the beginning of September I would definitely be a buyer myself at the present time.

Higher premiums appear to be the "necessary evil" which those of us who want REAL bullion have to live with - unless you happen to live in a "bullion supermarket" like India. As people grudgingly pay these higher premiums, I remind people to consider how those "high premiums" will look a couple of years from now, when silver is likely MULTIPLES of the current price.

Given the choice between paying silver's (real) "fair market price" today (and getting low premiums on those purchases), or buying silver at a fraction of its real value, but getting "squeezed" for an extra dollar or two an ounce, it is obvious what is better for investors.
   

MAKE SURE YOU GET PHYSICAL SILVER IN YOUR OWN POSSESSION. Don't Buy SLV, or Futures or Pooled Accounts or any other BS paper silver product .Remember anything on paper is worth the paper it is written on. Go Long Stay long the bull market have even started yet

Robert Kiyosaki ‏: Broke is temporary; poor is eternal.

Robert Kiyosaki ‏: Broke is temporary; poor is eternal.
Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Robert Kiyosaki ‏: Problems are life's doorways to opportunities.

Robert Kiyosaki ‏: Problems are life's doorways to opportunities.

Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.

Kiyosaki ‏: Every time I have been arrogant, I have lost money.

Robert Kiyosaki ‏: Every time I have been arrogant, I have lost money.


Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.