Why You Should Buy Silver Now Before the Price Goes Crazy High

"What's that you say? You're going to buy silver?" my friend of over 20 years replied, looking at me as if I were about to club her over the head and throw her in the back of my van. Actually, the verbal exchange was not exactly like that, but she did give me an odd look (and just for the record, we own a minivan with lots of windows and very comfortable seating). Think about it for a second, dear reader … if I were standing in front of you right now telling you that I was going to buy silver, how would you respond? First of all, you would certainly wonder who this stranger is and why is he talking to me about silver. Granted, but let's try to focus on the silver part, friend …

Do you know what the price of silver has done over the last 15 years or so? It went from around $ 4 an ounce in the very late '90s to almost $ 50 an ounce in 2011. That's quite a hefty return, no? And I can tell you that was only the beginning. "So what has silver done for you lately?" You ask. Well, it's kind of gone down a little. How "little?" Well, it's gone from about $ 50 to its current price of $ 19 or so. Alright, close your mouth. You can stop giggling too. I know it might sound crazy when I tell you that now is the perfect time to buy silver. Post why? Simple – because the price has fallen from $ 50 to $ 19! Here's a little tip for ya '- Buy low; sell high? Heard that one already? Well, price is low, so it's time to buy. Could price go lower? Sure it could, possibly a buck or two, but odds are that the bottom is in for this correction and soon prices are going to start going up again. How high will they go? Well, there is plenty of talk these days of silver going to $ 60, $ 100, even $ 200 per ounce; and if our government and the Federal Reserve keep printing $ 118,000,000 an hour (that's right, per hour – they are creating $ 85 billion a month!) we might even might even see silver hit four figures before its all over.

Why is silver going to go up?

I am not a fortune teller, friends, nor I am not a financial advisor (who is basically a fortune teller in a suit, no?) I am not a silver salesman either. I am merely a husband and a father looking around at this world of ours; at the shaky governments and economies; at the bail outs and imminent bail ins; at the real inflation around us (not the inflation rate that the government tells us); at the incessant printing of dollars and euros and most all currencies world-wide, and I know that we can not continue like this. There are some rough times a 'comin' and when there is instability, people seek stability and security. In financial-speak, that means precious metals – silver and gold. The time is now to purchase your security in the form of silver and ride the wave of higher and higher prices to come.