Survival Joe | Economics • Survival |
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Poor Man’s Gold
After sending out last week’s email about investing in gold, I got the following email from a reader:
“Hey Joe buying gold is a wonderful idea but…. what about the poor folks out there that cannot afford to do so?
“Many folks are disabled, elderly and plain out and out poor and cant afford to hardly do for them selves much less invest in GOLD.
“Any views on that?”
In my opinion, silver is an excellent alternative to gold. I’ve invested in it myself.
Silver has often been called “Poor Man’s Gold” because it is so much more affordable.
As I write this on Friday afternoon, August 12, 2011, gold is sitting at $1750 an ounce.
Silver is just $39 an ounce.
Clearly, silver is much more affordable than gold is.
But here’s the problem…
Most precious metal dealers have large minimum orders that make it almost impossible for the average person to invest in silver or gold.
Minimum orders for silver are often 100 oz., which means you’d have to have about $4,000 just to get started.
Minimum orders for gold are only 5 oz. That doesn’t sound like much until you do the math.
You’d need about $8,750 to buy the minimum amount of gold — more than DOUBLE what you’d need to start investing in silver.
Oh, and get this…
Placing the minimum order for gold or silver comes with an extra $100 “Small Order Fee.”
So what are regular folks supposed to do? Sit on the sidelines and watch the dollar become worthless?
Fortunately, I’ve found an excellent way for you to own real physical silver and gold… without forking out thousands of dollars or paying expensive “Small Order Fees.”
With Silver Saver, you can purchase small amounts of silver and gold… automatically… every week or month.
It’s like saving money in a 401(k), except you’re saving in silver and gold instead of mutual funds (which haven’t been performing well).
Here’s the best part:
The silver and gold you save can be quickly and easily converted back into cash at any time. Even better, you can take delivery of your silver or gold with just a few clicks of your mouse!
In my opinion, Silver Saver is far safer than leaving your money in a bank.
Not only that, I’m personally betting that I’ll profit far more by being invested in silver and gold than I will be if I keep collecting the pitifully low interest offered by my bank.
I’ve already signed up for Silver Saver.
And I recommend that you do, too.
Of course, I’m not a financial adviser, so I recommend that you do not rely solely on my recommendation, but that you do your due diligence.
I found out about Silver Saver through my good friend Dave S. who lives in the same city I do. And now you’re finding out about it through me.
To learn more about Silver Saver and sign up today, please go here:
Don’t be scared. Be prepared.
-Survival Joe
P.S. Gold is already up $110 an ounce since my “gold post” dated August 4, 2011.
I personally believe we’ll see a similar spike in the price of silver in the very near future.
Please: Don’t wait to start saving your money in the form of precious metals. Check out Silver Saver and get started as soon as you possibly can.
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