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Favoring Silver

One of the reasons so many people get burned in the markets is because they start buying as they see prices going up.

Most of us remember the insanity of the dot-com bubble in the late 1990s. From 2000 and 2005, it was the real estate bubble ...

Today ... it's oil, gas, gold, and silver!

Once gold passed $600 an ounce and silver broke $10 an ounce, many people came to me and asked:

“Now we understand what you've been saying about gold and silver. Tell us where we can buy them."

Unfortunately the only thing they understand is that the metals' prices are going up!

But you do have to remember that as the famous investor Warren Buffett once said:

"The dumbest reason in the world to buy a stock or gold, silver, oil, Barbie dolls, or Mickey Mantle cards is because the price is going up."

   

   
 
 
 
 
 

 

 
 
 
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