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I found the video by
Barbara very interesting and that's why I've been investing in precious
metals and been focusing on silver bullion at the moment. I
particularly like the American Silver Eagle. Which is 1 oz. of .999 % of
pure silver. My goal is to take 10% of my income and move into tangible
silver investments. The key for me is to buy silver at the lowest possible
costs. After researching the best places to buy silver for
the lowest prices. I finally settled on Preservation of Wealth, which
allows me to buy silver, gold and other precious metals at cost
prices.
If you've followed my other articles here on
IMFaceplate and spotlights, silver prices are predicted to keep
climbing. If you haven't watch the video, you may want to listen to what
Barbara Goldsmith has to say about 2010 and 2011. She's an independent
financial adviser, economic analyst and business consultant. She and
others have very interesting views about the prediction of precious metals
and other commodities.
Will gold and silver keep on going up in
price?
Nothing ever climbs up in a straight line, you
might have volatility with dips and bumps along the way. Yet, the overall
direction is upwards. Here are the reasons: Governments and
central banks world wide have moved billions and billions of dollars into
the economy and into the banks who were "much too large to fail”
with no avail to stimulate the economy.The economies have in effect not
recovered additionally, the likelihood is that they will continue to flood
the economy by using even more money in so doing devaluing our currencies.
For example, if you were to able to purchase a
new car for $12,000 USD a year ago, you might pay $14,000 to purchase that
exact new car today. What this means is that you will have less
purchasing power for your hard-earned money.
So as your expenses continue to increase and at
the same time your wages will stay the same or perhaps even been cut,
therefore you may constantly feel like your being squeezed. Moreover
governments may increase taxes furthering their so called recovery
plans.
A few reasons of my reasons that I invests in
silver are: (1) Unlike products like juices, lotion or potion, silver
doesn't have an expiration date. (2) Silver has industrial and medical
uses. Silver is used in many things, such as the computer monitor your
viewing and the cell phone you use daily. (3) Silver is actually
self-explainitory. (4) The value of silver will continue rise and
therefore silver is in big demand.
My suggestion is to research silver or other
precious metals which tanglable asset that will not deteriorate or
diminish like the dollar. Preservation of Wealth offers the lowest prices on silver and other precious
metals.
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