How and why to buy gold and silver as safehaven investments: why-buy-gold-and-silver.com

There are dozens of reason you should buy gold and silver as investments, but here are our top 5:

Top 5 Reasons to buy Gold and Silver as a Safehaven Investment

1. The Sovereign Debt Crisis: Entire countries are on the verge of bankruptcy, meaning paper currencies are at risk of collapsing. Gold and silver are your only protection against:
  • Six European nations are teetering on the edge of default: Greece, Ireland, Italy, Spain, Portugal and France
  • Great Britain is nearing insolvency
  • The United States is essentially bankrupt apart from its ability to print money
    • Standard & Poors downgrade of the US from AAA to AA+
    • $14+ trillion dollar debt which equals $45,000 per US citizen - an astronomical sum
    • In addition to the debt, the US Federal Reserve has loaned a staggering $16 trillion to foreign and domestic banks in the last 3 years (Source). Many of these institutions remain on the verge of bankruptcy, meaning this money might never be repaid.
Any of these could be the dominoe that triggers a melt-down of the global economic system.

2. Trillions in derivative financial products still remain unaccounted for within the global economic system. Derivative mortage products sold by financial institutions were the cause of the 2008 banking crisis. Unlike these phony, empty investment vehicles, gold and silver are historically sound investments that have inherent value.

3. For the last 5000 years of human history, gold and silver have been used as money. It has only been in the last 70 or so years that gold and silver have come to be viewed as commodities as a result of the United States abandoning the gold standard in 1933.

4. Since that time, the US dollar (Federal Reserve note) has become "paper gold" and is used as the Reserve Currency of the world. This means that all international financial transactions are carried out in US Dollars giving it a protected status. That is changing as countries move to protect their assets and find other ways to carry out business such as utilizing a basket of currencies and gold rather than the US dollar. China, the country with the world's largest US dollar reserves is quickly and quietly unloading their US dollars in favor of commodities including gold and silver. This is largely due to the growing fear that the US can never repay its massive debt.

5. Approximately 1% of worldwide financial investment is currently in gold and silver, with less than 1% of the US population owning any related assets. What this means is that we are years away from a bubble in precious metals even with historically high prices.

Why should you buy gold and silver as safehaven investments? With entire countries and their paper (fiat) currencies riding the edge of bankruptcy, equities are becoming extremely risky investments. If you're looking for a safehaven investment to protect your hard-earned money and secure the financial future of your family then gold and silver are your only solid option.

Own Gold and Silver Today!

There are some important things you should know about owning Gold and Silver and what are the best ways to purchase it.

Visit our how to buy gold page for more information.

[Most Recent Quotes from www.kitco.com] [Most Recent Quotes from www.kitco.com]
24 Hour Emergency Plumber Toronto