Buy it at any time & in any form! JUST BUY IT...

Greetings Collectors,

In the past I have posted several journals about the wisdom in buying gold and silver. All of you see & hear the commercials on TV & radio about this. I posted a journal on 3/19/09 with the same title. Afterwards there were those who said that at $950 gold may have gotten a little ahead of itself and the better time would have been several months prior when it had corrected back to $750-$775. I then made another post which I still agree wholeheartedly with and said in so many words that no-one can pick a bottom and that yesterday, today & tomorrow is the best time to make a purchase. I still think this exact same way.

Six months later I posted a journal that read with this same title and with the added suffix "six months later". At that time which was 10/6/09 gold was up another 18% to $1195 and silver had advanced 25+ %. I said in that post that we would look back and remember when gold pushed through $1000 and for a very brief time it could have been bought for between $1000 & $1100. How long do you remember it staying between these two figures? Not long. Well, here we are today and over the weekend gold was trading intra-day for $1289 & silver was close to $20 per oz. I can't begin to stress that these prices are one hell of a deal. Any corrections going forward are going to be small and few & far between.

The entire world has been on a path of massive public spending and even more massive public debt. Gold usually runs with the dollar. When the dollar is going down, gold is moving up and vice-versa. One thing that most of you do not know is that our American dollar is only as "weakly" strong as it is now because every other currency, and I do mean "every one of them" are in the toilet. Even with our massive debt/spending the U.S. dollar is ONLY the lessor of all the other evils/choices. Once this facade is broken, gold & silver and other precious metals will take off like a dam breaking. Our dollar is not strong. It only appears stronger than all the rest. This "WILL NOT LAST"!

I once again implore you. I beseech you to buy as much gold and silver as you possibly can. We all love coins. Coins are good. Gold & silver coins are great. But it would be wise to every now and then, buy a roll or two of just plain old 1964 Kennedy halves. Or buy a roll of silver dimes. The former can be had for around $170 and the latter for about half that. Or you can go on ebay and buy "wearable scrap" for between $18 and $21 per gram for 14k. All of these kinds of purchases will reward you handsomly in the not too distant future. And if you have 10, 20 or more years 'til you retire the sky is the limit.

Gold to silver for a couple hundred years has been 20 to 1. A $20 gold double eagle to a silver dollar. This ratio has gone way outta whack. I do think it will narrow from the 65 to 1 that it is at present. For this to come back into line, gold at $1250 would mean $65 silver. One last thing to remember is that gold for the most part is "reclaimable" silver for the most part is not. The massive increase of uses for silver is ripping the world silver supply apart. And gold, well gold is the favorite metal from many thousands of years ago to this very day and more and more indiviguals and governments see this and are buying all they can afford.

So if coins are your choice, fine. But it may prove valuble to consider other forms of gold & silver to "salt away" for that rainy day that is surely coming. I still think with all my heart that this "ride is still just beginning". Remember, buy it in any form, whether it's a 19.2 ounce brick of 999 silver, a silver or gold chain or ring or some generic 20-Franc gold coins. Kennedy halves in either 40% or 90% or cull silver dollars. just "Buy It".

Happy collecting/investing/hoarding

WKF