May 10
20
Robert Kiyosaki Informs Us Why We Must Buy Silver
Buy Silver now and learn how you could even receive Silver FREE
Precious Metals like Gold and Silver make for much more sensible investments, especially in periods of economic chaos. Gold, Silver and other precious metals cannot be created in the same way as un-backed money; there is also a limited supply of these metals, so they maintain a value even in unstable times.
Whilst Gold is currently a very popular investment and the one that lots of people think about; Silver has many benefits over Gold. At today’s value Silver is valued at about $17.50 per Troy Oz, well below on the heights of $50 reached in the past. (The inflation adjusted highs could reach above $1000). This means that Gold is “overvalued” in comparison to Silver.
Currently the ratio is about 65:1 this means that it would take approximately 65 Oz’s of Silver to buy 1 Oz of Gold. In 1792 the US set up a monetary system (then backed by true worth), it decided to mint coins from both Silver and Gold. The ratio was fixed at 15:1, this was named the “Silver-to-Gold Ratio”.
The fact was that this ratio had stood at roughly this level for around 400 years !
During the early part of 20th century, many governments all over the world stopped backing their currency with Gold. Silver became the factor in many currencies. All sorts of people started to stash their Gold, which pushed up the value and the Silver to Gold Ratio went way off to as high as 71:1
By the 1960’s the ratio had fallen back to 20:1 In 1971 the US lead by President Nixon ceased backing the Dollar with Silver and moved to a fiat currency.
So with the current ratio of around 65:1 it does not take a genius to realize that now is a Great Time to get Silver. If the ratio falls back to 20:1 your silver might be worth above 3 times what it is now.
Many experts think that Silver is where the best money is to be gained over the next 5 to 10 years. The reality is that no one can be positive what is going to occur but it must be better to purchase Silver at a time when it is close to its comparative all time low than when it reaches another peak.
The expectation of a large number of very knowledgeable people is that Silver is just at the begining of something great.
A final point that should also be considered is this; what ever happened to your paper money, Silver historically always retains a stable value which means that you should always eat. When others are trying to buy food etc. with worthless paper coupons you will have something that other people will be prepared to exchange for goods. This could seem a bit un likely but history is scattered with examples of currency failure; the people that pulled through with the control and wealth always had reserves of Gold or Silver.
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