Hey folks, for those of you who have missed some opportunity to buy silver due to the "high" price. You might want to start keeping your eyes peeled.
Currently the world markets are terrified of the Euro and the very likely demise of the EU.
Markets, like people, have a hard time breaking habits.
The habit that I am talking about is when bad things happen, run to the dollar.
That is what we are seeing right now. The global markets are very concerned over the state of the Euro that they are jumping ship. The place they always tend to gravitate to is the US Dollar.
Now this is good news for those who like silver.
The way the markets usually go is that when the dollar goes up, precious metals go down. That is what we are seeing right now.
I thought that this would begin to take place around August time frame, but I believe that we are beginning to see it now form.
In the last 48 hours silver has dropped from the $40+ range to it's current price of $32.98. This is a pretty big drop and one I hope will continue.
Now those of you who may have purchased silver in the $30-$40 range, do not worry, the price of silver will jump back to that and then rocket past.
What we are seeing is just a short term dip, but if this dip holds, one may be able to take advantage of it.
So now is the time to start keeping a keen eye on the silver price and if you have money to purchase, now is the time where you might want to do that.
I do not think that the prices will last though.
When the markets realize that the US Dollar is just as bad as the Euro, then the herd will run to the next "safe haven" that being gold and silver. When that does take place, gold and silver will go through the roof.
Many peopl ask me who to purchase from. I always recommend APMEX (American Precious Metals Exchange) You can find them at www.apmex.com. Their prices are the best, their markup very low and their customer service is great.
My hope is that silver will dip to the $22.00 price and when it does, hold a garage sale, do anything you can to free up some $$$ and purchase. I don't think this opportunity will last, that is if it does go that low. US dollar Index is sitting at 78.20. Which is up from the low 70's a few months ago. This is another indicator that people are running to the dollar for safety.
ALSO - here is a great video by Robert Kiyosaki on why purchase silver.
WATCH NOW >> http://youtu.be/FOKn7tiUMyc
FINALLY (leagal stuff) - Please remember that I (Ray Gano/Prophezine/survival4christians) is not an investment adviser and you should never make investment decisions based on anything we say.
Keep your eye on silver - that is what I am doing.