SILVER STRATEGY
If someone asked me to devise a silver investment strategy for them, I would suggest the following: Put 10% of your net worth into physical silver that you take into your possession. Here comes the hard part – hold it for 10 years. That sounds like forever for a young person, but older people will tell you that 10 years go by quickly.
Ten years ago this month, silver was $15.04 per ounce. Twenty years ago, it was $7.23 per ounce. Holding for the long-term may require patience, but we know that demand has been so great that silver is in a deficit (shortage) and has been for 4 years running. As the best conductor of electricity, silver will be required for the high-tech revolution and everything electric.
Get silver into your physical possession. If and when the price blows up, it may be impossible to put your hands on physical silver. Paper silver may not pay off in a panic. Physical possession is the best way to go.