As many of you know, I have called the short term on gold and silver pretty well over the last 7 months when I started blogging again after a 3 year do nothing metals market. The game has changed. Metals and miners are the place to be, not an overpriced stock market that is destined to disappoint many over the next few years.
The adage of “buy low sell high” still applies to metals as the price of silver especially is at a big discount compared to its all-time high.
The best buy for an IRA are the 100 ounce silver bars and for physical possession the one ounce silver Buffalo Rounds. The goal with buying these versus other coins is you pay as little as possible over spot price. Most other dealers direct you to more expensive coins so they can make a big commission. They charge you 30% commission and you have to earn 40% to break even. It’s better to buy the above with a small commission that allows you to buy more silver that can double or triple for you.
The target for silver is in the 40s or higher by year end.
This message is short and sweet and my timing on my articles have been shown to be pretty good. Don’t wait for anymore pullbacks. It’s “all in” time.
Call us today at 888-604-6534
Best to your day!
P.S. My book How to Profit in Up and Down Markets will be out soon. Make sure to sign up for the announcement here: profitinupanddownmarkets.com
The book has taken me 4 years to perfect and I believe it to be one of the best investment books out there for bringing awareness on how to manage your investments.
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About Doug EberhardtDoug Eberhardt is a 28 year financial services veteran and precious metals broker selling gold and silver at 1% over wholesale cost. Doug has written a book to help investors understand how gold and silver fit into a diversified portfolio, how to buy gold and silver, and what metals to buy. The book; “Buy Gold and Silver Safely” is available by clicking here Contact phone number for Buy Gold and Silver Safely is 888-604-6534
Disclosure:
Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with capital you can’t afford to lose. This is neither a solicitation nor an offer to Purchase/Sell futures or options. No representation is being made that any account will or is likely to achieve gains or losses similar to those discussed in this outlook. The past track record of any trading system or methodology is not necessarily indicative of future results.
All trades, patterns, charts, systems, etc. discussed in this outlook and the product materials are for illustrative purposes only and not to be construed as specific advisory recommendations. All ideas and material presented are entirely those of the author.