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You got it. Investing in junior silver miners will increase your wealth much faster than investing in physical silver.
First Majestic
Impact Silver
Silver Wheaton
Avino
There are many more, but these are some of my favorite picks.
Mining stocks give you leverage. If silver is on an uptrend (and it definitely looks like it is), you can make more, maybe a lot more, by investing in junior miners than in actual bullion.
Of course with junior miners you run the risk of losing everything you have... Many of these companies are gambling on the fact that they'll even be able to open new mines, so it's kind of like putting money on a horse with a 1:20 chance of winning a 2000% jackpot.
You got it. Investing in junior silver miners will increase your wealth much faster than investing in physical silver.
First Majestic
Impact Silver
Silver Wheaton
Avino
There are many more, but these are some of my favorite picks.
Dear Junior Miner Stocks Salesperson,
Since when is buying a DERIVATIVE PAPER ASSET better than purchasing THE ACTUAL COMMODITY ITSELF?
My NoseMy Ass
My Ears
There are many more, but these are some of MY favorite picks.
I did not recommend buying a derivative paper asset that promises rights to bullion. That is far different from a paper asset promising a share in a company.
Here's how it breaks down using gold as an example:
Let's say you own one ounce of gold and it is $1000 oz.
Gold rises to $1200.00 an ounce, which gives you a profit of 20% on your investment.
Now let's say you own a share in a company, where it costs the company $800 to mine 1 oz. of gold. The profit margin is $200 when gold is $1000 oz.
If gold goes to $1200 oz., then the profit margin is now $400--a 100% increase in profit.
In a perfect world, the share you own would double.
I'm not recommending exploration companies--that is a very risky investment. The companies I mentioned have established claims, so the risk is minimized.
Silver Wheaton isn't really a miner--it owns a stake in profits in a number of senior and junior miners.
interpretame--I don't appreciate your comment, especially when I am giving very sound and thoroughly researched advice that can make you a good amount of money.
I suggest that you research and know what you are talking about before speaking. Nonetheless, I hope you check these companies out...you may find that they aren't a bad investment. Good luck!
Adjusted for inflation AND devaluation, $5000 in 1908 probably EQUALS about $1 million nowadays. However other than that I agree with everything else you state.
$5000.00 face value in silver coin will fetch ten times face today. Silver coin was perhaps worth more than its intrinsic value in silver in 1908. If we did the same calculation using gold coin, the intrinsic value of the gold today would be higher than silver by a factor of about 3-6 depending on the silver gold ratio.
I would be interested if anyone has hard data on housing prices before 1913, and then 1933.
Many years ago before the Federal Reserve and all the government craziness, right around the turn of the last century, i.e. 1908 or so, five grand would buy a very fine house. Five thousand dollars would perhaps buy a house in 1908 that would be worth one or even two million dollars today.
 Five thousand dollars worth of silver in 1908 is worth about 50,000 dollars today. So in terms of silver housing is way way overpriced today.
 Today we have a very irresponsible government creating dollars out of thin air and spending them in large part to inflate the price of housing. This idea will work for a while but the problem is that the price of silver, gold, oil and food will also start rising as a result of all this government money making. And since these commodities are not overpriced, they will rise much faster than housing.
 Sooner rather than later people will start screaming about paying too much for food and gasoline. The government will be forced to slam the brakes on their profligate ways. This will slam housing harder than any other item priced in dollars since the market is so highly leveraged. This will be the time to start looking to buy.Â
 In the mean time, it is much better to invest in silver, oil, gold and anything other than housing.
#housing