posted on Aug, 15 2011 @ 03:02 PM
NO GOLD!!!!!!
Gold is a sucker bet.
Silver is the way to go.
You dont need some website or investment guide to show you all that you need to know. Do the research yourself, seriously. You will feel better about
your investment if you are the one providing yourself with the info.
1oz gold--$1700
42oz silver---$1700
When the SHTF both will go up like crazy but silver will most likly pass up the price of gold due to silvers industrial uses over gold. So lets say
you have 2 oz of gold (probebly worth 10k after shtf) vs 84oz of silver (who knows how high the price will go). Its alot easier to buy the supplies
you need, if you have your money broken into smaller bits.
Gold and silver have a nice ratio they like to stay at when both are monitized and that is roughly 1:16.
If you take that into concideration silver should be over $100 an oz right NOW. But its not monitized yet.(it will be
)
So say gold shoots up to 5k/oz than under the usual ratio silver will be $300/oz
Lets do the math, shall we...... 1 oz of gold bought today at $1700 made you $3,300 (post shtf)
For that same amount spent today on silver you will have 43 oz that will be around 300/oz equaling 13k
So you can buy 1oz of gold today and make 3k (post shtf)
or you can buy 43 oz of silver and make 11k (post shtf)
for the same exact 1700 dollar investment.
So in a nutshell buy as much silver as you can right the 'F' now!!!
And the ratio just gets higher and higher the more silver you buy NOW while its still low!!!
You can easily become a millionaire if you have about 50k to invest.
I hope my reply helped.
edit on 15-8-2011 by Talltexxxan because: (no reason given)