One of the Catch-22 situations that plagued many young investors in the past couple of years is that they were investing their money under the misguided impression that, by making a financial investment in their 401ks, they were guaranteeing their financial future. Sadly they are now discovering that they were wrong. If they would have invested even half of their money in silver eagle coins, they would be in a much better financial position now than they are finding themselves in.
Why should you invest in the silver eagle coin? Because it is the silver coin that has been officially approved by the United States! Since November 1986, it has been the only coin authorized by Congress and guaranteed by the United States Mint to contain 1 troy ounce of silver and to be 99.9 percent pure silver. This official government approval and guarantee means that unlike a multitude of other investments, the silver eagle coin is actually among the safest that are available these days. NOTE: No investment is 100 percent safe.
The majority of coins that are made from precious metals have a varying amount and quality of the valuable metals in them. As such, their actual value is difficult to ascertain at any given time. For that reason, the silver eagle is a preferred coin to invest in as it will always contain the same amount of 99.9 percent pure silver in each and every coin no matter when it was purchased.
There is little argument over the fact that the stock market is, at best, a crap-shoot. Anyone who still doubts that fact need only take a look at such seemingly unstoppable companies of Fannie Mae, Freddy Mac, AIG, and General Motors. Other giants in industry have also ended up having to ask the U.S. Government to bail them out of their financial dire straits.
By investing your hard earned money in precious metals – specifically in silver coins – you are helping to build a hedge between you and the potential downfall and collapse of the economy that seems to be looming.
My absolutely free digital e-booklet called, Guide to Silver Coin Investing, will give you a great overview about the silver market. This e-booklet also includes some history on silver, as well as some facts that you probably didn’t know. For example, did you know that every cell phone and computer being manufactured today across the world contains components made of silver? Yes, that’s right. They are, and this fact is just one more testament to the increasing popularity for the many uses of the metal silver.
Many people are curious about how to protect their money, but often overlook the many benefits of silver coins. Take a look at our Free Guide to get started today.