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Every week I will be posting new articles, pics, and videos on whats going on in our economy and the ever changing world around us. Along with my personal commentary and tips on what you can do to prepare for the economic fallout that is quickly approaching. God Bless!

Disclaimer: This blog is provided for informational purposes only and does not constitute an recommendation or offer to purchase any security, investment product, or service of Criner Investments, LLC or it’s affiliates. Criner Investments is invested in physical Gold, Silver, mining companies, and precious metal based ETF's.

Wednesday, September 1, 2010

Silver- Possibly the best investment of your life.

Recently I posted an article about Gold as a hedge against inflation.  In other words since Gold and Silver are both real money(and have historically always been so), then owning one of the two, or both, will maintain their value even as the dollar falls.  So it's actually a good idea to own them no matter what.  But as of the past century there has been a major difference between the two.  Silver is WAY way way undervalued compared to Gold, historically speaking of course.  Silver has always had a 1:10, 1:15 ratio to Gold in terms of value. And I'm not talking about the course of a couple of centuries here.  I'm talking about since the dawn of time.  So even being out of whack for a century may seem like a lot of time.  It's not.  And ya know what coincidentally has been around for that same time frame?  The Federal Reserve.  And it's ability to manipulate the price of pretty much everything.  Right now at $19 an ounce for Silver, and $1250 an ounce for Gold the ratio is more like a ratio of 1:64.  So that means that we are way over due for a correction, so that means the true value of Silver is much closer to $120 an ounce.  At $19 an ounce Silver is DIRT CHEAP!  During hyperinflation there have been talks of $35,000 an ounce for Gold.  That means if you bought one troy ounce of .999 fine silver at $19, within the next 5 years it could possibly be worth $3500!  If that's not a great return on your investment I don't know what is.  Historically Gold has always been a top performer for storing wealth, but I believe that Silver will be the best one at generating wealth for years to come.  The price is only going higher.

I regularly follow and read Jason Hommel's stock report on Silver.  He is a brilliant guy and has been a Silver advocate for over a decade now.  And the article's in his report will show you all there is to know in the supply and demand of Silver, and why it is such a great investment.  I hope you all enjoyed this article, and thanks for reading.

Chris

http://silverstockreport.com/

1 comment:

  1. Currently Silver is at $26/Troy Ounce and the ratio has now declined to 52:1 and is heading down fast just as I predicted.

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