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SOURCE: Americas Watchdog
The Wall Street Fraud Watchdog is urging investors to buy silver now, because it is a great hedge against inflation, and because its only about $29 per ounce, off of its highs of $40 per ounce in November of 2012. The group fears at some point US federal deficit spending as far as the eye can see creates the perfect storm for inflation, and at that point an investor needs an investment that is inflation proof like silver. http://WallStreetFraudWatchdog.Com
(PRWEB) March 18, 2013
The Wall Street Fraud Watchdog is now urging all investors big, or small to have at least ten percent of their investment portfolio in silver, as a very smart way to protect themselves against serious inflation brought on by the US federal government's insatiable appetite for more, and more debt. On March 13th 2013 President Obama appeared on Good Morning America with ABC's George Stephanopoulos, and said, "We don't have an immediate crisis in terms of debt." According to Bloomberg as of March 16th 2013, "The estimated population of the United States is 314,603,441 so each citizen's share of this debt is $53,131.48, based on a national debt of $16,715,346,992,881." The Wall Street Fraud Watchdog says, "Apparently President Obama failed to take math in college. We don't care what the White House is saying, and we don't care how well Wall Street is doing right now, we say buy silver while it is at bargain basement prices, and hold onto it. We think owning silver is vital way to protect any investor against inflation. We no longer think inflation, and the US economy in the tank like Europe is a question of if, it's more like a question of how soon."
The Wall Street Fraud Watchdog says, "We also want to emphasize that there might be better types of silver coins to buy for the average investor. We believe bulk silver coins offer a better value for an investor, as opposed to fancy silver coins produced by some mints. Take for example the 2009 Chinese Panda silver coins that are currently selling for about $18 above spot. Why buy a silver coin that has a higher cost than the actual spot silver market? Not to mention with anything made in China you instantly have to worry about counterfeiting. U.S. 90% junk silver coins are dimes, quarters, or half dollars minted in 1964 and earlier, when U.S. coinage was still made of real silver (90% silver, 10% copper). 90% junk silver is the most cost-effective way per ounce to buy bulk silver because no fees for refining or minting have been added to the cost. We think if we ever get a serious inflation problem having that old silver half dollar, or silver dollar might really come in handy, and we are strongly suggesting investors consider our recommendation. Based on our research Provident Metals of Texas appears to be a legitimate dealer for investors of bulk US silver coins, and their contact number is 877-429-8790."
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