Silver Coin Investing And The Lurching Giant
For silver coin investors, more news from China points to a new phase in dollar diversification, adding orders of magnitude to the bullish case for silver.
Despite the various reasons silver investors should not buy exchange-traded funds and instead opt for physical metals, there are also many reasons why investors should love them.
ETFs Increase Precious Awareness
Before silver and gold were spotlighted for their extreme gains, only a small percentage of investors even had proper allocations of physical metals in their portfolios. [...]
For silver coin investors, more news from China points to a new phase in dollar diversification, adding orders of magnitude to the bullish case for silver.
A number of reports and some famous commentary have pointed out that efforts are being made by the US Mint and others (China being a stand-out) to encourage its citizens to buy silver coins or bullion.
And the same goes for gold.
At first this seems to be at odds with what one might expect.
Most times it [...]
No other asset has properties where it is useful both for industry and store of value. Not only that, but it also happens to come in the form of a coin that you can buy from a store.
The ETF’s are funny – I think of them as a junior version of the COMEX – another massive fraud attracting mainstream money.
I see a lot wealthy individuals come through my office and when the topic comes up – which as you can imagine, often does- (this of course is after I get the eye-stuff [...]
