Dec 14 2010 12:57PM

Still Buying Silver

There has been a lot going on in the investment world lately, let me get you caught up.

I have urged my subscribers to buy silver for some time now. Silver has gone absolutely nuts lately. All the publicity has been about gold, but gold has done nothing compared to what silver is doing.

Gold has been diddling somewhere around $1,400 an ounce (up from $300 an ounce when I turned bullish). Silver hit $30 on Monday which is up from $12 an ounce from $30 when I became bullish.

I believe silver will explode for years, and we ain’t seen nothin yet! If you who bought silver coins trying to build your estate, you will do very well indeed.

Although gold gets all the publicity and I write a lot about gold, that doesn’t mean that’s what I want you to buy. The average person can’t afford to pay over $1,400 an ounce for gold, but can pay $30 an ounce for silver.

My main concern is to get you through the uncertain, difficult times ahead in good shape. If things continue their present course, the world will have more difficulties than any of us bargained for.

I don’t know how long that will last. I only know that it will last a while, and silver will protect you. I will let you know when it’s time to take profits. We may hold our silver for many years to come.

In any event, buy silver now and commit to buying more as long as it in a decent price range. Up to $100 an ounce is that price range.

By Howard Ruff
The Ruff Times

*****

Howard J. Ruff, the legendary author and financial advisor, has re-edited and re-issued his 1978 mega best seller, How to Prosper During the Coming Bad Years, still the biggest-selling financial book in history, with 2.6 million copies in print. He is founder and editor of The Ruff Times financial newsletter. The newsletter is much more comprehensive and deals with a broad spectrum of middle-class financial issues and includes an Investment Menu from which you can build your portfolio. (You can learn about it here). The Ruff Times has served more than 600,000 subscribers – more than any financial-advisory newsletter in the world. You can get Howard’s current book, How to Prosper In the Age of Obamanomics free when you subscribe to The Ruff Times (www.rufftimes.com), or if you buy the book at your favorite bookstore, you can deduct $10 from the subscription price.

 





 
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