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A few Reasons to Own Silver coins and Silver Bars

I believe that Silver will be the investment star of this decade and throughout the 21st Century!

 
Oct. 29, 2011 - PRLog -- I believe that Silver will be the investment star of the this decade and throughout the 21st Century! One reason I expect Silver to outperform all others is its rarity. Not only is there less above ground silver bullion in the world than gold, this fact is still unknown to the majority of the world’s investors. Even though silver has outperformed everything for the past ten years, considering how little of it exists, its valuation is still tiny. Visit http://www.SheldonsFinestCoins.com for periodic updates.

There is roughly 1.0 billion ounces of silver bullion and about 3.3 billion ounces of gold in the world above ground. That means that approximately $ 33 billion worth of silver is in existence, but almost $ 5.61 trillion of gold bullion above ground using $33 silver and $1,700 gold as of October 27, 2011. That means there is 170 times more gold than silver in the world in US dollar terms. Silver will outperform gold in the coming decade and perhaps the rest of the 21st century as people come to understand its rarity in addition to the fact that it is consumed and not just produced and stored like Gold.

In addition, according to some circles, the remaining silver in the earth’s crust is running out since most of the silver is found closer to the surface and with reduction in production and reserves as mining companies dig deeper. When the silver price explodes above $50, the price will never come back down in our lifetimes. I fully expect that silver at some point will match and then exceed the price of gold. It has the potential to rise in price until it exceeds the current silver price by 170 times. At today’s price of gold that correlates to about $5,600 per ounce! While the potential of silver to exceed the gold price is great, it will take time. My objective during my lifetime is that silver will reach a short-term target of $610 per ounce. In my children’s and grandchildren’s lifetimes the price of silver may reach and then exceed the gold price by many times. I expect that my descendants will reap the real rewards. Accordingly, I have put enough $ into silver coins for them to reap the benefits.

I hope my customers do as well. I have vast inventories available; buying when nobody wants the stuff or during waterfall declines. Inventories world-wide are being depleted fast. Some of my sources have been cleaned out the past month while the paper silver market was tumbling due to downside manipulation of the banks that are short. This downside manipulation allowed JP Morgan and other large shorts to cover some of their silver shorts. This will not last and the price of silver will finally start its long price advance to higher levels that I see above. See updates at http://www.SheldonsFinestCoins.com

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Sheldon’s Finest Coins

Gold and Silver at the Lowest Prices

Who we are & How we sell for less

Many people have noticed that our gold, silver, platinum and palladium prices are consistently lower than any of our competitors. Many times we are substantially lower. How is this possible? Simple, less overhead and expenses. Buy from us and save!

When you buy coins from our competitors, you are paying for additional costs on every item.

Sheldon’s Finest Coins does not have those costs, so we pass the savings on to you. Contact Ed Sheldon, he personally buys every coin we have listed for sale. You can deal directly with an acknowledged coin expert with over 50 years experience as a full time coin collector who has bought, evaluated and sold thousands of coins worth millions of dollars. Call him Toll-Free at 1-888-786-5678 (office phone) or e-mail him at agbug777@sheldonsfinestcoins.com.

P.O. Box 194 | Lincoln Park, NJ 07035 | Phone # 973.706.8594 | Cell # 973.919.1128

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Source:Sheldon's Finest Coins
Phone:1-888-786-5678
Zip:07035
Location:Lincoln Park - New Jersey - United States
Industry:Finance, Investment
Tags:Kitco News, Gold Coins, Silver Coins, Marketwatch, Miningweb
Last Updated:Dec 24, 2012
Shortcut:prlog.org/11710673
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