There are many people said that the silver spike toward $50 last year was the peak for the silver market. Don’t be fooled, we heard the same thing in 2008 after silver had hit the $21+ level and during the depths of the financial crash silver sold near the $9 level. While many were being pessimistic, silver expert David Morgan said: Buy! Buy! Buy!
And buy some more! When gold price dropped silver was at the buy of a lifetime…it’s silver investing that could make you rich! One of the most fundamental lesson from David Morgan is “If there is only one thing to teach you about the upcoming silver bull market it is this – 90% of the move comes in the last 10% of the time!”
To prove the point, I have use a 10 year chart from 2002 until 2011. The biggest increase of silver price happened from $16 until $50. The period for that price increase is merely 1 year plus from 2010 to 2011. If you are wondering why silver price is not rising, hold on there. When the time is right, silver price will rise so fast that you cannot believe you see with your eyes. Again, 90% of the move comes in the last 10% of the time!
By the way, if you are interested to learn a good strategy for silver investment and learning how take advantage of the price fluctuation, Ikram Adi has an eBook that teaches investors in Malaysia how to maximize your profit from silver investment. There is a free case study come together with his eBook, from that case study, he will demonstrate his formula and how he could take advantage from the silver price fluctuation. If are seriously about silver investment and have not read his eBook, I highly recommend you to download now. He will show you some tricks on how to identify the correct time and price to buy and to sell silver. This strategy alone has helped many people (including me) to save and to make a lot of money.
This is a global physical silver rush. Not just in Malaysia. This time is the biggest wealth transfer in human history. It will not be about being a smart real estate investor, or understanding that technology is leading the growth cycle, or the Japanese have a more efficient system. It will be about – FEAR.
How often you hear about people not having enough money in their KWSP / EPF? How many of you worry that there is no enough money in your KWSP / EPF? I do. This is the kind of fear that will cause the global middle class (of course including Malaysians) to rush into silver, which bring physical silver price to unimaginably high. This will be a snow ball effect, when the public start rushing into silver and everyone is buying silver, the price will increase so fast that everyone else would start buying silver.
Until next time, be careful and happy investing in silver!