Monday, February 21, 2011

Stocking Up On Basic Commodities and Precious Metals Are Kryptonite To an Economic Depression.

As the pecious metals price spike continues, I recommend focusing on commodities and basic neccessities.  Those are the items that will be much needed in the beginning of the end of our currency. Due to the imminent inflation our nation is facing, silver (AG) has reached over $33.00 (troy oz) and gold (AU) is holding a steady position above $1380.00 (troy oz) well into the beginning of this week of trading. It is definitely a bitter-sweet moment to see the price spike of these soon to be remonetized metals. The harsh reality is many of our fellow Americans and family members are not protecting themselves with the "currency" that really matters, commodities (which many base metals and precious metals fall under). With that being said, the least and most valuable advice I could give you today is to not save paper, but to stack up precious metals and supplies instead! Check out the external links on the right for a more detailed analysis of the matters at hand. Peace folks!

Friday, February 18, 2011

Silver Reaches $32.66 on Feburary 18, 2011!!!!!

WOW! is the first thing that came to my mind when I checked Kitco for the updated value of silver. This precious metal is performing like an investor's dream! I can also bet that those who are using silver as a hedge against inflation are also extremely satisfied.

The percentage of gain over the course of today reached over 3% and for the last year 106%!!!! While some may think it's too late to jump into silver investing now,  I would recommend no hesitation in taking advantage of this precious opportunity while you can. There is still time to invest in silver and expect tremendous returns due to it being historically under-valued.

This gargantuan price hike leads new investors and collectors alike to ask the important question: What has driven silver to have such a dramatic price spike over the course of this last year? Let's just say I would simply answer with the metaphor; silver is like water; you can block the flow, but it'll always remember its course.

Tuesday, February 1, 2011

Silver: Not For The Faint Of Heart!

One month into 2011 and we have had some gut wrenching trading days in silver! It bounced from $30 to $26 and is now holding up over $28 into February. I hope you investors haven't been so discouraged just yet. Even if you jumped in last year and sold on the dips of the new year, you still have profited, but in my opinion, much too early. So hold the stomach nerves and enjoy the ride for 2011.