Buying Silver!

Finally!

If like me you are convinced of the future of silver and gold, and silver is better because it has historically traded at a ratio of 16:1 with gold (currently it is around 51:1!) you may have been wondering how on earth to get your hands on $17 silver with a  view to offloading it when it hits $100 in a few short years....

In South Africa I started this search some time ago, a year to be precise. And do you know that I learned that without a jeweller's license it is virtually IMPOSSIBLE to own silver unless it's a coin, or it is in a jewellery format? In other words it is silver that has been 'worked'.

And did you know that silver coins are expensive? Try $30 for an Australian Kookaburra!

For me, I want to INVEST in the metal for the metal value only! But I was getting very frustrated and tense since the more research I did the more hassles I was finding. Even owning an jeweller's permit is not the solution! It is an option but far from a solution as you STILL need to source the metal from a refiner willing to deal with you - and we're talking millions of Rands here, and then you STILL need to work the metal anyway before you can sell it!

Short of conspiracy theories, investing in silver metal is virtually impossible for the man in the street and I was told as much directly by Rand Refinery.

But I know a good thing when I see it and I am fairly determined and stubborn especially when it comes to making money and more so when I am told I can't do it! I hate being told what I can and cannot do simply because no one's done it before...

So I persevered. And I now present you with my soon to be world famous Work of Art Paperweight. It's practical. It's useful! It stops your papers from being blown around! And it comes in different sizes! You can buy a 10 oz, or a 20 Oz or the Big Daddy 50 Oz paper weight.

And they are all cast from 99.9% pure solid unpolished sterling silver!

And the best of all is the price! As far as I have been able to determine you cannot match this price Oz for Oz with any other raw metal silver investment.

E-mail me

It really is that straight forward and simple! My feeling is that the easier and simpler things are made the less fuss and hassle there is to stand between you and the investment of the century...

Consider these as a parting thoughts...

What would it take for silver to hit $100 an ounce?

If gold continues to push on up as it is at the moment, and hits an expected $2000 an ounce, the ratio of silver to gold at $100 silver is still 20:1, less than throughout recorded histories 16:1 ratio....

Quote(s) of the week: "From Beijing to Dubai, there is a growing undercurrent of economic anti-Americanism. The irony of it all is truly extraordinary: The US has the greatest external deficit in the history of the world, and is now sending increasingly negative signals to two of its most generous providers of foreign capital -- China and the Middle East. The United States has been extraordinarily lucky to finance its massive current account deficit on extremely attractive terms. If its lenders now start to push back, those terms could change quickly -- with adverse consequences for the dollar, real long-term US interest rates, and overly indebted American consumers. The slope is getting slipperier, and Washington could care less." ~ Steve Roach
 

"The supply-and-demand fundamentals dwarf all other reasons why silver will soar in price. The total shortage (zero) of silver stored by government means that unlike gold, they can't dump it on the market to try to manipulate the price. This is what Jimmy Carter did to gold back in the 70's. He was only able to temporarily arrest the inexorable boom, so that strategy didn't work, but it is a total non-starter over the next few years if government wants to try to manipulate the silver price. They don't have the inventory to do so.

"One other factor that really matters is that Comex (Commodity Exchange) has a monster silver short position…Comex is short enough silver to equal 150% of all silver production, after soaking up all the world's above-ground silver supply. Sooner or later they will have to buy it back to cover their shorts, and the stability price of silver will soon be above $100 an ounce, if they have any hope of increasing production.

"…silver is the investment of the century. It will move with gold, but at a far greater pace, as has already been demonstrated. Gold is up about 50%, and silver is up about 150% over the last couple of years. We will eventually find out that silver at $10 is the bargain of the century." ~ Howard Ruff

Silver is a zero risk downside investment at $11 - $20. Warren Buffett reportedly is sitting on 3 million ounces. Hmmm.... Get in touch with William!