Gold & Silver: Is 2013 the Perfect Time to Invest in Gold & Silver?
Hey everybody Joe Stewart here with a brief article which poses the question as to whether or not the year 2013 is the right time for people to start buying precious metals again. The price has been a roller coaster the last few years, but when you look at a gold and silver chart for 10 years or more, you start to see the long term potential when it comes to investing in gold and silver.
As the value of the dollar continues to goes down the drain each and every year, this can only mean one thing: gold and silver prices are about to be going through the roof. But the real question here is when?
What about the Fiscal Cliff?
After President Barack Obama has won another 4 years in the White House and the up and coming fiscal cliff, the richest people in America have been turning their cash and 401k’s into hard, tangible assets like gold and silver for many years now. They must know something that we don’t know. Is now the best time to start stocking up on gold and silver? Here’s my thoughts.
As citizens, we can only hope that lower and middle class families have had the chance to stock up on gold and silver while it is still cheap. When the US dollar crashes along with the stock market and everybody’s 401k plan, people will be looking for a way to pay bills and accumulate a boat load of gold or silver to replenish what they lost through their 401k or savings accounts.
When to Sell your Gold or Silver?
I know plenty of couples who bought silver when it was under $10 per ounce, and later on cashed in on all their silver when it was $40+ an ounce and went out and paid cash for their families home. Imagine how that would feel for just a second… Paying for a big house for you and your kids to live in for decades to come, without even having a mortgage! Trading cash for gold and silver is really a smart thing to do at this point if you ask me.
I hope this article has informed and educated you as to the power of buying precious metals in today’s shady economy. Learn how to prepare for the worst of times, so you only know the best of times.
Take care my friends!
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