Silver Looks Good Right Now

Silver (or Gold at ~1600) at ~38-39 is a good buy right now, might go down to 35 in the short term, but w/ S&P downgrade and inflation it should hold value well when no other asset class does.  It is beginning to look like it will take both a large margin hike and a further equities collapse globally to bring silver down to 35 (a 6% loss that is very very likely to be short term.)   Was at 50 not too long ago, a return to that level would be more than 20% in gains.  Fundamentals indicate it should go to 50 again, at the least, may go crazy high because of a number of independently powerful forces (inflation, trade debt., energy demand, market disorder, political disorder, non-existent US manufacturing, fraud in PM markets, huge un-backed paper PM market,  fraud in Govt. Econ. Numbers, international demand, limited supply (of course) and tradition as a store of wealth through chaotic times all will push silver and gold higher as things develop over time.)  The recent dip in silver prices associated with the market dip presents a good opportunity to buy in, in my opinion.  Buy 90% junk silver coins from somewhere like apmex.com and hide them.  You will probably pay 1-3% in fees and delivery depending on amount and source.  Sell in 20 years.