Seeking Alpha

Gold Barron » Comments » DBS

  • Silver: The Other Precious Metal [View article]
    Dont buy the SLV exchange traded fund! Buy physical silver bars and coins only. It seems that some of the authors on SA are missing the point of owning precious metals when they recommend ETF's like SLV or GLD. Buying silver because you think the price is going higher is a bad strategy, you should buy silver as a hedge or insurance against future inflation. What good will it be to have your money in paper markets when the system crumbles.

    One of the main reasons for buying precious metals is that the currency markets are totally corrupt and manipulated. The US government is also corrupt and they lie incessantly to the American public and twist the rules to benefit their buddies on Wall Street.

    And you will see that even the dealer folks selling silver are now charging 25%+ premiums when they sell it and are only offering to purchase silver at the spot price.

    Greatest country is the world? I am beginning to have second thoughts!

    Feb 12 16:40 pm |Rating: +11 -6 |Link to Comment
More on DBS by Gold Barron
Gold Barron's
Comments Stats
115 comments
Rating: 336 (510 - 174 )