Your Questions About Invest In Gold Or Silver

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Daniel asks…

How would you invest $200 in gold or silver?

financi4 answers:

Buy some jewelry for someone I love.

Donald asks…

Should I invest in gold or silver?

financi4 answers:

Yes, the price of gold and silver have been rising for 10 years and will continue because the governments of the world continue to print fiat money – backed by nothing but debt and empty promises.

People are waking up that their worthless paper money is not worth the paper it is printed on, because central bankers like Bernanke are inflating the currency, driving up prices for food across the world. This is leading to riots and revolutions in the middle east that are spreading world-wide.

The governments will try to brainwash you into believing the paper money they print out of thin air is valuable, but every fiat currency in history has eventually become worthless, while gold and silver have remained valuable and money for thousands of years.

Source – http://mrsilverag.com/how-to-buy-silver/buying-silver-101/

Joseph asks…

where should i invest my money in prosper.com or gold or silver?

can you please tell me
and also can you please why i should invest in these.

financi4 answers:

I find gold to be less affected by fluctuations in the market. (They don’t call it “The Gold Standard” for nothing.)

Steven asks…

shall i invest or Rs.200000 in Gold or Silver?

i am so confusing, i want to invest Rs .200000 in silver or gold but day by day rate is going ups i cant take decision,what i do? is it true period shall i invest or wait…or suggest me if any safe investment plan i dont want loose 1rs please suggest me very safe plan

financi4 answers:

I would invest in gold. Silver is a proxy for gold but silver is still recovering from the huge fall a couple months ago on margin adjustment. Gold’s uptrend is undeterred thus far.

David asks…

Is gold/silver/precious metal federally insured/FDIC?

I want to invest in either gold or silver but I need to know if it’s insured by the federal government.
An investment IS a deposit, if you deposit the money (or gold) in a bank. The only thing I worry about is if the government INSURES gold, the deposit part is a gimme.
If the dollar fails, though, you could use gold coins to buy food and gas. Gold has been used as currency for thousands of years, not just an investment; it was (and still is in some countries) used as money.
And no, you don’t expect your dollars to increase in value, they only decrease every week because of inflation.
In reality, gold doesn’t increase or decrease, it’s the dollar that fluctuates in value (far more than precious metals).

financi4 answers:

No

George asks…

Can you help me invest in silver?

I’m 18. I would personally rather help from conservatives, so all Glenn Beck haters, this question is not for you to answer. Nothing personal.

For someone new to investing, how would you recommend me going about to purchase $40.00 of silver?

I was going to buy some Medjugorje rounds but turns out you have to buy in bulk. Ugh.

Any comments suggesting I decide against investing in gold or silver will be ignored.
I actually have $80.00, I’m just cautious about making my FIRST EVER investment. If you know what I mean.

I guess I could go high to $60.00, but exactly which form of physical silver would you recommend? Some coins are certainly cooler than others, but should I buy a popular one to make sure I can trade it easier in the future? And how much more over spot price are collectables than junk silver?

financi4 answers:

You can use apmex.com if you want to order online, and they will sell you just one coin. If you only have 40.00 then you might consider buying junk silver (circulated US coins pre 1968). You could buy dimes or quarters.

If you want to buy locally then look up gold and bullion dealers in the yellow pages. Also some pawn shops deal in precious metals.

And I love the Glenn Beck show too! I can’t wait for the new gbtv show to start.

Sorry I mean pre 1964 coins!

As far as what kind I would either go for the junk US silver or US government bullion coins (one ounce silver eagles). Or Canadian maple leafs. These are all far more instantly recognizable than rounds.

There is a lot of good advice that you would probably like, in fact years worth of reader submitted articles on survivalblog.com. On the left under categories go to economics and investing and you will find tons of articles about investing in silver there.

Michael asks…

Investing in either Gold or Silver?

Is it a good idea to invest my money in either silver or gold (or both) for one year?

What do you think? Thank you in advance.
I want to sell what I bought by the end of the year and I want to earn some profit by that time.
I want to sell what I bought by the end of the year and I want to earn some profit by that time.

financi4 answers:

First off you need to understand that gold is not an investment. Gold is and acts more like an insurance policy. You are insuring that something in your portfolio can never go to $0.00. All paper assets have the ability to go to $0.00. This is what you are insuring against. Te only other asset to not go to zero is real estate. But real estate is illiquid. It takes too much time to sell real estate and in a credit contraction like today this is the case. Because of the debt time bomb you better own gold. I have been selling my stocks and buying gold and silver but I understand exactly what is happening and know this market isnt comming back for many many years to come, if ever. There we be no jobless recovery. Who is going to buy all these paper assets in the market that are all in default. And with what job. We have exported every job that we can and we cannot survive not building, not producing and not manufacturing and only consuming. No.. Im buying all the gold an silver I possibly can and not allowing the Madoffs to steal my wealth. I know the gold will always be worth something. I had stocks down 95% and was taxed on undistrubted capitol gains that the Pin Stripped Bandits stole from the shareholdrs. When that happened I dumped all my stocks. Every one of them. The best way to own gold is to buy and take physical delivery of the gold itself. Silver is also in the gold realm as well, so when talking about gold, silver is included.

It is always a good idea to own some gold and silver at all price levels. To truly understand gold and silver, and why you should own it you have to understand the economy and get the movie of life on the largest screen possible.

Gold is money and a store of value. It is the “Currency of last resort” as Greenspan has stated many times through the years. Gold doesnt pay interest, dividends, doesnt restate earnings, has no lawyers, accountants, CEOs or CFOs lying to you on television. Gold doesnt ask for bailouts, doesnt go BK and cannot cook its books. Gold cant be debased or printed at the will of a company or governmetnt and holds its purchasing power.

Gold sits there as a store of value, is labor intensive, and a one ounce coin will not split into a bunch of half ounce coins at the direction of the pin stripped bandits on Wall Street. Also Gold is the ONLY asset class in the last ten years to increase in value and retain every dollar of its purchasing power.

The NASDAQ is up 1700% since it was created in 1971. Gold has outperformed all assets since we went off the gold standard in 1971. Gold would be even with the NASDAQ if it fell to $630 an ounce. Gold would be even with the DOW and the S&P 500 if it were to fall to $420 an ounce.

Gold has outperformed ALL asset classes since we went off the gold standard. No exceptions. However silver since 1928 has outperformed them all.

Investing in gold and silver for the short term is gambling. Dont do it. Putting cash into gold and silver for long term savings is the only way to go. History has shown that to be the best way to perserve wealth for 6000 years.

William asks…

Do you think it would be wise to invest in some silver or gold….?

…now that the public banks have been brought to their knees?

which is better – silver or gold? & what to buy exactly??
Mopar Guy – i agree! it looks like we’ll be using our wheel-barrows insteads of wallets soon.

financi4 answers:

Gold has been the universal currency since the idea of currency. Gold will always be worth something, and it’s something that everyone recognizes.
Stocks, bonds, and even Federal Reserve notes will simply be pieces of paper worth less than Confederate money if our economy crashes as some are forecasting.
Far as which, and what to buy, I don’t really know all that much about it. If I had any extra cash, I would be buying gold!

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