Top 14 Reasons to Buy Silver: Part 2

Chris Duane of Dont-Tread-On.me has released Part 2 of his case to buy physical silver: Top 14 Reasons to Buy Silver.

Part 2 includes reasons 8-14 to liquidate your paper holdings, and GET PHYSICAL!

(Those who missed Part 1 can find it here)

Got PHYZZ??

Comments

  1. Alloidial ownership
    . By definition— You own real silver  if you hold it.  
    As Chris says   there is counterparty risk otherwise.     Any asset has some  counterpart risk or claim to it whether it be   your house, car, boat,  furniture, pension plan, medical plan, social security, stocks, paper precious metal contracts, ETFs,  cash, credit cards, CDs or other financial assets.  Interesting formulation and worth considering.

  2. Outstanding video and information.
     
    I absolutely agree so how about Gold at $36,713 and Silver at $3,671 and we’ll just call it a day.  Then based on the real supply, once that cat is really out of the bag, we can get to the real numbers to account for all these promises to pay sitting on the table.  Now we really are glad we don’t have any counterparty risk.
     
    I did just see another article from Citizen Economists that is saying gold will be $32,659 by Jan 2015 based on Elliott Wave and Fibonacci Analysis and the link is http://www.citizeneconomists.com/blogs/2012/02/22/elliott-wave-predits-32659-gold-on-16-jan-2015/
     
    Now those are the numbers I am looking for!!!

  3. Chris Duane explains the reasons to own physical silver with a lot of information and with a nice and clear voice which was the reason why I watched all of his Silver Bullet and Silver Shield videos. I was hoping that He could create more of the episodes. I would be happy to watch the whole SBSS series again but I don’t have the time anymore.

  4. I disagree land will be worthless. City land yes, rural land will be in high demand for food production still.

  5. I too am looking to buy rural land in the future. I hope the prices will allow for a dip in land prices coinciding with a peak in PM’s, preferably some 10 years out from now. I need to stack, and perform several gold/silver swaps before I am ready. Although there may only come a silver exit point from here no, not a gold swap point. When the silver price starts to jump towards the gold price, it gets exciting, and scary. 
    I would REALLY be helped with simple price graphs for land and housing prices, expressed in PM’s. Those seem to be very rare, but extremely relevant to me. Per country these will vary. 5 hours drive from here in other countries, the land prices may be plumeting in silver while here there at just looking toppy.
    I used to say “OK, I will buy this silver and only sell when it’s gone 10-fold, hopefully in 10 years. Now I realize that’s too simple. I need purchasing power, in something of real use. I need to buy the next dip. This is a silver dip, relatively speaking (I got in late), but there’s bound to come land and housing dips. Gold/silver ratio dips. What else?

Speak Your Mind