Hi everyone, to start off I will state some of my backgrounds. I'm 20 years old, minority, immigrant and new to investing. My dad who has been screwed by government always says that it is better to buy a company than to buy its product but TBH, I do not understand stock markets or their ebbs and flows. I am very distrustful of the stock market and government. I don't understand bitcoin. The only thing I know is that supply and demand are paramount at the end of the day and I'm young enough to be able to take big risks.
I have about 18000 USD, but I am tired of wasting my money on clothes and shoes that depreciate in value the moment you walk out of the store or university courses that are seriously overpriced.
Silver has always been a form of currency. Presently, it is ridiculously cheap. I have read from different sources that silver production is decreasing and sometime in the 2020s it will be in short supply. Sources say that silver could potentially bring buyers huge gains as silver is used in many industries and cannot be easily substituted. I want to pour all of my 18000 into purchasing silver and riding it out until it's in huge demand. My hope is that by the time I am ready to cash-in I will have more knowledge of investing and would have finally figured out a solid business idea for me. I want to use it as a long term investment instead of short term investment to pay for law school.
My question is that, do you think considering my stats and aspirations silver is the best way for me to go? would you recommend jmbullion as a credible silver seller? can the US or Canadian government seize my silver bullion bars in the event of a collapsing economy. I don't trust government
Thank you for very much
Submitted February 23, 2017 at 09:12AM by LifeLifer http://ift.tt/2mgkNzK