Explains why you should understand a little about what drives the price of silver so that you're able to determine if buying or investing in silver is right for you.
Monday, January 3, 2011
David Morgan of Silver Investor on FOX - Silver can duble
David Morgan talks about the run on Gold and Silver. this video was shot on September 16, 2010 and back then David Morgan was expecting 1300 to 1350 dollars an ounce for gold by the end of the year , well gold ended up even higher than that at $1400/oz , so he was spot on...
Beginners Guide to Silver Investing
how to survive the coming Greatest Depression and Hyperinflation Here we explain some of the basics of investing in silver and gold - the difference between coins, rounds and bars, why smaller denominations are best, and why having possession of your physical silver is important.
When the Gold / Silver Ratio is 1:30 at a bare minimum, then Silver will have reached is historical average value vs. Gold. However, since it is an industrial metal and is consumed instead of just stored as Gold is, we believe that the ratio could be much less. Look for $5,000 Gold and $250 silver at least. Mike Maloney believes that the sell point will be when an average US home costs the equivalent of 500 to 600 ounces of silver..... be careful who you buy it from - if you get assorted bullion then at least make sure it's stamped by a reputable foundry...or just buy American Silver Eagles...that's what I do - the premium scares some people off but you get it back when you sell it and pretty much everybody is going to trust that they are getting what they pay for
When the Gold / Silver Ratio is 1:30 at a bare minimum, then Silver will have reached is historical average value vs. Gold. However, since it is an industrial metal and is consumed instead of just stored as Gold is, we believe that the ratio could be much less. Look for $5,000 Gold and $250 silver at least. Mike Maloney believes that the sell point will be when an average US home costs the equivalent of 500 to 600 ounces of silver..... be careful who you buy it from - if you get assorted bullion then at least make sure it's stamped by a reputable foundry...or just buy American Silver Eagles...that's what I do - the premium scares some people off but you get it back when you sell it and pretty much everybody is going to trust that they are getting what they pay for
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