For those that are new to the Silver and Gold fever, then you better catch on quick. I wont go into detail now, but basically the overall view is this: The dollar is quickly being devalued daily as the FED continues to print U.S. Dollars to buy Treasury Debt. This is increasing the supply of dollars, thus basic economic principles equate this to inflation. Going the opposite direction is Gold and Silver. These precious metals have been the basis of money since the beginning of human history. In all religions Gold and Silver are used for barter and for rituals. If Gold and Silver have been around for thousands of years, it will also stay for thousands of more years. In the past decade, Gold and Silver have been on the rise as investors and countries turn to the safe haven of Gold and Silver as an alternative to the world reserve currency of the U.S. Dollar.
Today, Gold hits a new all-time high of $1450.85
Silver hits another 31 year high of $39.11
A great way to save money is to go out and buy some physical Gold and Silver at your local coin stores or through online auction sites like Ebay.
Have a great day everyone.
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