Why Invest in US Silver Coins?

If you have been listening to the news from leading forecasters such as Bob Chapman, Gerald Celente or Max Keiser, then you may be considering moving your money into US Silver Coins. Over the past 30 years the value of the U.S. dollar has declined by approximately 30%. In 2011 alone, the U.S. dollar tanked about 10% due to the trillions of dollars given to the banker’s bailout. All it would take to recreate a Wiemar Republic type currency collapse would be for the currency to drop another 20%. Once a currency drops to less then 50% then the currency goes into free fall. According to Bob Chapman, the currency is destined to collapse. That is why he urges people in the United States to move their money into US silver coins, gold bullion coins and gold and silver stocks.

Which US Silver coins Should You Buy?

You may be wondering which US silver coins to buy. In asking the leading forecasters, they recommend the non-numismatic US silver coins. This is because these coins have prices that are in directly proportional to the amount of silver in the coin. For instance one of the most popular US silver coins is the American Eagle Silver Coin. The benefit of buying a well known coins is that it will be easier to sell, when the time comes. Many of these expert forecasters say to put at least 30% of your savings into US silver coins. Although, according to Bob Chapman, things in the United States may become so bad, that he recommends only keeping a small amount in the bank. He says that people who keep their money in stocks (except for gold and silver mining stocks) will lose everything. Even if someone keeps their money in the bank, they could lose a large portion of it overnight when the dollar is devalued.

If you are looking to buy US Silver coins be careful of buying numismatic coins. Brokers make a higher commission from numismatic coins so they may try to talk you into buying these coins. Although, the price you pay will be much more then the amount of silver that is in the coin. For instance, if you spend $60 on a numismatic silver coin then you may be only getting $30 of silver in the coin. If you buy a non-numismatic US silver coin, then the price of the coin should reflect the price of silver. The American Silver Eagle coin has a content of 99% silver. So when buying this US silver coin, you will be buying 99% silver precious metals.

Will US Silver Coins Skyrocket in Price Over the coming Years?

The price of US silver prices should skyrocket over the coming years. As the dollar collapses, the price of silver will increase as more people pull their money out of the banks. Also, industry needs silver so the supply vs. demand shows that the price of silver will substantially rise over the coming years.

Robert Kyosaki, author of Rich Dad, Poor Dad, says that silver could be one of the greatest opportunities to make alot of money over the coming years. Buying US silver coins could be a way to save your family’s savings during the trying times that our coming to the United States. Robert Kyosaki is also buying gold and believes both gold prices and silver prices will continue to move higher over the coming decade.