Protect Your HARD EARNED Money - Buy SILVER!

My last blog post was discussing the Death of the Dollar. Now, I want to give you my own personal view on how to protect yourself from the coming collapse of the US economy.

Those who do NOT do their research will be the causalities of the coming slaughter that will divide and conquer the Rich, Middle-class, Poor, and the stubborn of heart!

Just last week we (those who paid attention to the news) witnessed one of the greatest signs of the fracture and cracks of our financial system here in the US. Bear Stearns being purchased by JP Morgan for $2 a share....WHAT! That's right $2 a share. Almost a year ago Bear Stearns was reported selling per share around $170. How could this be? How does this happen? Well, although I am not an expert economist, I have come to some conclusions why these things have occurred.

Here are some reasons for buying Silver instead of Gold!

1. 1971, President Nixon took the US off the Gold standard.
2. 1980, Gold and Silver hit an all-time high.
3. Mismanagement of the Federal Reserve - Fed rate cuts and the unconstrained printing of the US Dollar.
4. The heavily leveraged financial markets using derivatives (see this article of what could possibly happen: http://news.goldseek.com/GoldSeek/1206030368.php).
5. There are less than 1 billion ounces of Silver above ground to Gold's 5 billion ounces.
6. Silver is an industrial commodity more so now than considered as real money such as Gold.
7. Silver is more affordable than Gold where the highs currently are $1000 and Silver $21.
8. Within 5 to 10 years Silver will be well over $200 an ounce where some experts think it may reach $3000 to $4000 an ounce....Why? Silver is more rare than Gold.

Here are some resources to review aside from the link on my title from Rich Dad, Poor Dad, author Robert Kiyosaki (video).

1. How to Buy Silver: http://www.silveranalysis.com/

2. Silver Shortage: 19 Dearlers Sold out: http://www.silverstockreport.com/2008/crunch.html

3. Ted Butler's Archives Weekly Commentary: http://www.investmentrarities.com/tb-archives.html

Just as there was a frenzy in the Real Estate market between 2004 to 2005; there will come a time that the silver market will EXPLODE and it will become a bubble such as the Real Estate market where people will jump in because of greed and the possibilities of making huge profits.

When silver begins its upward trajection to $100 an ounce...people will begin to raise an eyebrow and begin to consider this mental seriously. If there is a panic in the industrial sector, silver will begin to reach huge spikes that will have those skeptics blind sighted.

Just like medical insurance or life insurance is a protection to catastrophic events; likewise, silver should be one of the things an investor should consider. For the skeptic, I you urge to purchase at least 100 ounces of Silver Eagles equivalent to about $2000.00. Hold on to this amount so you can see this grow much faster than if you had this money in the bank at less than 2% (percent) APR on a Certificate of Deposits (CDs).