Some of my readers ask me - I have heard of gold, but I haven't heard of silver as a means of investment. Why ?
Well, it's elementary.
Mr. Warren Buffet, the world 's No. 2 richest man ("Oracle of Omaha") as also his guru Mr. Benjamin Franklin has openly stated that the entity "Mr. Market is a neurotic person" .
It's a problem of "mass psychology".....people do buy and sell in hordes. We all make the mistake of buying when something's overvalued......that's why we all lose in the stock markets.
You see, silver's been GROSSLY UNDERVALUED FOR THE LAST 100+ YEARS.
Countries stopped buying silver in the late 1800's, and we started buying GOLD.
It was money or gold or real estate.
Then came the stock markets and other means of investment.
This resulted in a steep ARTIFICIAL DROP in the value of silver.
And that's another reason why silver is vastly undervalued.
It's still undervalued.
Debajyoti Dutta-Roy Blogs at
Tuesday, December 4, 2007
Subscribe to:
Posts (Atom)