Storing Silver for the
By Dr. Jeffrey Lewis
looking to the future and concerned about their children’s financial security
have been reframing reasons for owning silver as a long term investment.
Awareness seems to
be growing among parents that an outstanding way to provide for their child's
future educational expenses is to employ silver ownership as an investment
expenses typically include tuition, study materials like books and computers,
travel, and room and board costs.
Versus Section 529 College Saving Plans
increasingly looks like an excellent private college saving vehicle, especially
since many of the pre-funded college tuition savings plans made under Section
529 of the Internal Revenue Code seems to be crashing and not living up to their
investors’ expectations. This issue has already sparked a substantial
controversy in the State of Alabama.
silver for such well-defined future purposes tends to provide long term
investors with a better perspective. This helps them avoid getting caught up in
an investment world obsessed with day trading for a short term profit, despite
those gains being measured in terms of an ever-devaluing paper currency.
today’s very reasonable prices, it does not take much money or very long to grow
a small collection of silver that will be enough to cover a reasonably priced
Student Loan Bubble With Silver
growing costs associated with education — as evidenced by the trillion dollar
student loan bubble with an unprecedented and growing 17% default rate — seems
unsustainable to say the least.
A seemingly meager
investment in silver made at today’s prices could eventually prevent your
children from having to rely on student loan debt where they would end up owing
a large amount of money by the time they graduate. This logic might even
impress those investors who are not otherwise predisposed to understanding or
otherwise caring about the white metal.
making just a $30,000 investment in silver today for your children’s education
will most likely grow in value many times over a holding period of 15 years.
Silver’s future appreciation will very likely outpace both the consumer price
inflation index, and will probably even exceed the higher rate of inflation in
college education, which is currently running at ridiculous levels.
your child ultimately decides not to go to college, or gets a scholarship to
fund their studies instead, your prudent investment in silver will provide quite
a nest egg to help them start out in life, buy their first home, etc.
Effect on the
wider use of silver as part of college savings programs would tend to legitimize
the currently misunderstood "silver stackers", who often tend to be
characterized as hoarders.
The more small,
retail investors who start purchasing silver for long term purposes, such as
college savings plans, the more the price of silver should rise over time.
This sort of broad
grassroots demand should also tend to lessen the downside pressure that the
current manipulators of the silver market are able to exert.
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