The Powerful Case for Silver
Total Page:16
File Type:pdf, Size:1020Kb
The monetary benefits of gold paired with the industrial upside of commodity metals ... THE POWERFUL CASE FOR SILVER Peter Schiff Chairman 2 THE POWERFUL CASE FOR SILVER Investors today face a world of endless money-printing and sovereign debt defaults. Assets that used to be considered safe havens are now among the most risky. Paper promises aren’t good enough anymore. Investors want personal possession of physical assets with inherent value. or more than a decade, gold has stolen the industrial silver demand from emerging markets is media limelight as the premier safe-haven projected to hit new highs in the coming years. investment. Investors attracted by gold’s strong F 3. Silver is undervalued relative to gold. Back when fundamentals are rushing to buy the yellow metal at paper currencies were actually backed by precious bargain rates and reap the reward when gold rises metals, the historic ratio of the value of an ounce of again. But this singular focus can blind investors to silver to an ounce of gold was about 16:1. Recently, profit opportunities in other precious metals. that ratio has stood around 70:1. Given today’s gold In this report, we will make the investment case prices, if silver were to realign with its historic ratio, for silver — a metal with the monetary benefits of it would be worth over $74/oz! If you think gold has gold and the industrial upside of other commodity yet to find its ceiling, there is good reason to believe metals. silver’s rally will be even more dramatic. Fortunately, the best reasons for buying physical silver are also the easiest to understand: A Useful Guide 1. Silver is the everyman’s gold. Investors all around At SchiffGold, we believe that investing in gold and the world are worried about the weakening US silver should be simple and painless. We’ve developed dollar and already imagine a day when the world’s this special report so you can confidently understand: reserve currency will be worthless. Throughout history, whenever the value of fiat currencies became • Why professional investors are buying as much unreliable, governments and citizens turned to silver as gold in terms of value – and much more in the stability of precious metals to transact day- terms of weight. to-day business. But gold’s high value-to-weight • Which physical silver products are truly investment- makes it impractical for daily transactions. Silver, grade and which are known ripoffs. on the other hand, is a very convenient medium of exchange. • How to purchase physical silver at very low prices. 2. Silver is a valuable industrial material. Because Even if you already understand the importance of silver conducts heat and electricity better than any protecting your wealth with precious metals, this metal on earth, more than half of annual global report is a great educational tool to share with friends silver production is destined for industrial use. Even and loved ones, so they too can be prepared for the in the midst of a Western economic downturn, future. 3 THE POWERFULTHE CASE POWERFUL FOR SILVER CASE FOR SILVER 3 Silver: The People’s Metal recious metals can grow couple of ounces of silver on a bag your wealth, but more SILVER BARTER BAGS of groceries is not only easy, it’s how Pimportantly, they allow you trade has been done for thousands to protect existing wealth. That’s of years. the difference between real money To this day, the affordability and and fiat money. Central banks can historical value of silver make it destroy the value of fiat money by a valuable alternative currency in printing more of it, as the Federal every corner of the world. If you Reserve is currently doing to the Mixed bags of pre-1965 US take any message away from this US dollar with its endless program dimes, quarters, and half-dollars are known as “junk silver.” These report, it should be: of “quantitative easing.” popular products are a very good means of barter, but with the Store your wealth with gold, spend it Real money, on the other hand, recent surge in demand they have with silver. cannot be manipulated – its value is become expensive and hard to find. intrinsic. Since silver and gold are SchiffGold now offers 250-ounce Silver Has Always scarce resources, the marketplace bags of privately minted fractional (not politics) determines their silver rounds, called Been Money Silver Barter Bags. underlying value. As a result, in Silver has functioned as circulating times of great economic turmoil, They are among the most cost-effective currency for thousands of years. silver and gold tend to maintain ways to buy silver. Remember, it was only in 1971 that The rounds in our their purchasing power, while fiat the US dollar was unpegged from money risks becoming worthless. Silver Barter Bags are just as useful in the gold standard. And it was only barter and even Gold is a convenient medium for Silver Barter 6 years before that when US dimes more pure than Bag protecting large stores of wealth, junk coins. and quarters stopped containing 90% silver. In silver’s long and because a small volume of gold is worth a lot in trade. But don’t CLICK HERE illustrious history, this is a very thin to watch Peter Schiff demonstrate slice of time. make the mistake of investing only the Silver Barter Bag in gold: because of its high value- Today, a pre-1965 Mercury dime to-weight, gold bullion can be is worth about $1.23, while a silver impractical for daily transactions. has enough fiat cash to buy the food, shelter or fuel that they need quarter of the same vintage can Imagine that a major currency right away. In this scenario, you’ll fetch more than $3.07. Imagine if collapse occurs tomorrow. want to have not only gold, but your change jar were filled with Suddenly, the prices of basic particularly silver on hand to use as those little gems instead of today’s necessities skyrocket, and no one a medium of exchange. Spending a coins made from base metals! >> Our precious metals specialists are click happy to help you find the right NOW! 1-888-GOLD-160 products for your needs. LIVE CHAT REQUEST A CALLBACK 4 THE POWERFUL CASE FOR SILVER In fact, bags of these “junk” silver coins are a very popular investment U.S. Mint Silver Sales product. Although “junk” is not a very attractive term, it merely refers Since Financial Crisis (Ounces) to the fact that these previously U.S. Mint silver sales exploded with the circulated coins are no longer financial crisis of 2008. in pristine, “mint” condition. Nevertheless, junk coins are full of Source: www.USMint.gov valuable silver, easy to identify, and able to be spent in small amounts at a time – making them useful assets in a financial crisis. 10,475,500 9,153,500 9,617,000 8,405,000 10,021,000 9,887,000 Record Silver Sales at US Mint 19,583,500 28,766,500 34,662,500 39,868,500 33,742,500 42,675,000 44,006,000 Silver coins are no longer issued for 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 general circulation, but this hasn’t stopped investors from buying sales. This new record of more than sales that began with the full newly minted silver coins at record 42.6 million ounces of silver vastly liberalization of the Chinese silver rates. Look at the sales figures of exceeded 2012 silver sales by 26%. In market in 2009. And in India, the United States Mint, the largest 2014, the US Mint hit another record more people are buying silver year of silver sales of just over 44 producer of silver and gold bullion from bullion shops because they million ounces. coins in the world, in the chart cannot afford gold but still want an above. Surviving an International inflation-proof asset. Beginning with the financial crisis Currency War These high sales aren’t surprising of 2008, we see an obvious surge when you consider that citizens The United States is not the only in silver sales. As their 401(k)s in emerging markets like China place silver sales are flourishing. An evaporated, investors rushed to buy and India are among the first and escalating international currency something of real value. Since then, hardest hit by a currency war. war is driving citizens around demand has continued to grow by During a currency war, countries the world to precious metals as leaps and bounds as more and more devalue their own currencies in people lose faith in the Federal an alternative to collapsing paper an attempt to stimulate domestic Reserve’s inflationary, easy-money currencies. business by promoting foreign policies. Just look at China, where silver exports. While a cheap currency In 2013, we saw an all-time record demand grew by 9% in 2014, might allow a country to export high in US Mint silver bullion continuing an explosion in silver more of its goods, it >> Our precious metals specialists are click happy to help you find the right NOW! 1-888-GOLD-160 products for your needs. LIVE CHAT REQUEST A CALLBACK 5 THE POWERFUL CASE FOR SILVER also tends to destroy the purchasing and trade. Silver, on the other hand, HE OMBI AR power of the citizens. Incomes and T C B rose nearly 50% in rubles in 2014 budgets of the poor are already and can be easily stockpiled.