Why am I investing in silver?
Why am I investing in silver? What is it so special about it? And I hope to give you some clear view about it share my opinion why it works for me very well. Well, first of all let’s take the paper money. We have a banknote of five euro here and it looks very fancy. What people usually don’t know is that this it is printed by the European Central Bank. As far as I know this bank is a private organization. If you want to be sure, don’t take my word but just call them and ask them – can you give me a list of your shareholders? – and whatch what happens.
Every year this currency gets inflated and this means that if you had a pool of euros, a certain pool of money, every year they print more and more of these. So this means that the purchasing power of this is declining with an alarming ratio. I use paper money of course. Nobody can survive without them in today’s environment, but a good percentage of my income goes to silver just for investment and I am going to show you why.
Let’s start from the history. For more than six thousand years silver and gold of course have been used as money. This is honest money – you have to get some guys, give them tools and have them dig it up from the mines for you. That means that there is purchasing power behind it, there is energy and time that went to it to make it. Contrary to paper money that has been printed on a press and it has no value whatsoever.
Silver is an excellent conductor for electricity. Just think about the screen on which you are reading this, maybe it’s an LCD screen and it has silver in it. It has also lots of applications in medicine. Your cell phone also contains silver, your keyboard, your television etc. It is in huge industrial demand.
Silver is also very common and for now it is very cheap. That means that in contrary to gold. Gold has always been scarce and that means that it can be manipulated very easily by very small number of people. Silver on the other side is quite common, it is quite useful, it is very good for making basically everything. It is always in demand.
I expect to put about 50% of my income into silver or less depending on how I spend. The most important reason why I am investing in silver is that nobody knows how much I own – the government, the banks – only I do.
Also in cases of crisis paper money become worthless. Let me give you an example – when World War One passed in Germany, Zimbabve, Mexico, Brazil and many others experienced hyper inflation. All sorts of fiat currencies that have been around failed. Silver on the other hand is real. You can hold it in your hand or you can give it as a gift, it has a lot of applications and purposes. In times of economic crisis you cannot trust all kinds of investment that simply rely on your paper money and pay you some interest rate. Put your trust in silver as I do and you will not be sorry.
Wish you all success!
I thank the universe for the day I realised that i needed to invest in metals my advice is 70% silver 10% gold and hold on for a bumpy ride this year!
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LikeDislikeAnthony he meant to buy real silver, not some futures.
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