The Future of Gold and Silver: Just the Facts

Many of us who invested early in the silver and gold market have heard the wild predictions for the metals. As always let history and good sense be your ultimate guide. When anyone makes absolute predictions regarding the highs that silver and gold will reach, please maintain a cautious temperment. History is the greatest and most useful tool to keep us seeing clearly and acting wisely. I have personally read books stating specific events will occur in absolute terms. Many authors are crawling out of the woodwork proclaiming the stock market crash that will occur anywhere from 2007 - 2016 hurling us back into the dark ages and a depression of the greatest magnitude. That may be entirely possible, but is it a certainty? If they are wrong and we lead our lives waiting for this to occur, we and our families will be the ones hurt by this reaction. The authors and those making these predictions will bear no responsibility in their mistakes, but still reap the fortunes of book sales, newsletter sales, and financial investment percentages taken from the investors who follow the advice. On the other hand we have the Gold and Silver bugs. Wildly predicting silver will top ONE THOUSAND dollars an ounce, and Gold over TEN THOUSAND dollars an ounce. Possible? Sure, Probable? Who really knows. No one can say with any degree of certainty. Think about it, if these people knew this, why would they spend so much time writing books, newsletters, and selling you the stuff that is going to make us all billionaires? Why not implement this information for themselves and be a billionaire? Maybe some are really trying to be helpful and offer insight to others, i do believe that is true of some, but lets face it, for the most part its every man for himself when it gees to money and investing. You need to be your best teacher, and you need to be prudent and wise in your decisions. Peruse the information, digest it and make rational and thoughtful decisions, based on all sides of the argument.I get ZERO for writing this guide so i cant be accused of profiteering. I do run an okay store that sells primarily Silver and other collectable coins etc, but what would a guide urging caution do for my okay sales? Doesnt exactly inspire you all to go out and bid yourselves silly on my items. I write this to in all sincerity urge all those new to the silver and gold market to be cautious and yes, do definately consider this market. It does fundamentally appear to have a very big upside, but to what degree no-one knows for certain. Don't bank on vast wealth in this market as a sure fire guarantee, but buy as a prudent investor to protect your holdings on a calculated percentage. Buy the metals with money you can afford to buy with. Don't look for short term gain but the long term approach. Very few get rich looking for the quick strike and most lose big when delving in the quick profit game. Be humble and keep it very simple. Fact is, Silver and Gold is truly money, so over time slowly and when you can afford it, begin to accumulate some. But please be rational and don't get caught up in the emotions prevailing in this market and the crazy forecasts that do not by any means guarantee you anything.Also, remember if silver were to hit One Thousand dollars an ounce or even 100, or 50. Would it really matter if you bought silver when it was 12.00, or 15.00, 20.00 or 25.00 per ounce? The point would still be that you did very, very well. But if you mortgage the house, liquidate all your other assets and dump it all in silver at 13.70 an ounce and the unforseeable drop back to 10.00, or 8.00 would occur, and stay their,.......... or worse. Your whole fiscal well being would collapse around you.The one hard fact i can state here is very, very simple. Gold and Silver have primarily bought exactly the same amount of anything when it first became a unit of exchange as it does now. Meaning, the same amount of gold bought roughly the same amount of bread 2,000 years ago as it will today. What does that mean? Again, very simple. Gold and basically silver never change in value. They are a constant because they can not be made and have a limited supply available regardless. The price of Gold does not fluctuate, its the value of the currency used to buy the Gold that fluctuates. Dollars have a proclaimed or understood value based on a belief, which can change, it's backed by nothing but this proclamation. Government corruption, greed, politics, world affairs, wars, social confidence can all affect its perceived value.We now have a unique time in history where Gold and Silver are doing only what they always do. Seeking it's natural value in relation to the currency that can be exchanged for it. So Gold and Silver aren't begeing more expensive. The dollar that buys them has begee less valuable and it takes more of this less valuable paper to gain the real money we take for granted. Beyond that we have no restraint in this country to prevent the Federal Reserve and the Government to gemission the printing of more currency and flood the market for it's purposes, which again devalues the currency. Reality dictates that it will take more of this bloated currency to buy the metals, forcing the prices higher. If this happens has Gold and Silver changed? No, but the dollars in cirulation have.Now you have to decide. Do you have more faith in those dollar bills being worth more in the future, or do you have more faith in silver and gold being worth more in relation to these dollars in the future? That should be your guide to which one you would want to posses in the long term. Remember inflation is not prices going up, its the value of the dollar going down. Thank you for tolerating my opinionsIf this guide was of value to you please click the YES tab below, thank you.