Silver sits at a 14 month low as sentiment hits rock bottom

The silver price has lost 5% so far this year and sits at a 14 month low. The five year graph looks even worse. Silver is cheap right now.

Marvellous!

If you are the sort of person who likes to buy low and sell high, just as I do, you’ll see this as a tremendous opportunity to invest in silver. In my latest DVD, just released, I not only show you why you should be thinking about buying silver but I also show you, step by step, how I buy my silver at a whopping 20% discount.

The silver price is held down by sentiment

When sentiment falls this low, it will feed on itself for quite some time. That’s exactly what we’re seeing right now with silver. I’m using this period of low sentiment to stock up on silver coins of the realm which do not attract capital gains and hope to be “all in” before the market turns. My best guess for that is at the end of 2014 but I am not prepared to hang around because it could turn any day.

Since I’m buying at a 20% discount the price would have to fall another 20% before I even start to lose any money. If you want to buy silver cheap then this is the way to do it and lock your gains in on delivery.

Frankly, I believe silver mines will start to close up and shut shop before that happens.

Why I’m buying silver now; buy silver cheap

This is the ultimate ‘investment’ for someone like me. I like to buy silver cheap whenever I can.

I like an investment with a very low downside but with a massive potential upside.

Some people will wait for the market to turn before investing but experience has taught me to buy monthly when prices are this low in order to “cost average’ my purchase price. I plan to be “all in” within the next three months and my target is to double my money as a bare minimum. Loved ones can expect bright shiny one ounce uncirculated coins from me for Christmas p[resents this year – it will be the only present they get that could double (or even treble) in value in a very short period of time.

When silver doubles in price I don’t expect it to stop there.

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6 Comments

  • At £100 to double-you’re not really competing with large scale seasoned professionals.

    Once you go down the doubling numbers you begin to compete in effect with institutions and or Goverment policy etc(as that kind of continual doubling becomes an Intrest to the other 7 billion people and stated Goverment)

    As a result-after a handful of these ‘doubling’ moves…the ability and time and competing positions from other investors and said governments etc just make the ability a compounded hardness.

    Hopefully as we become more sophisticated we can enjoy these posts but realise they are like any other headline….attention seeking!

    • I’m afraid that none of that is even remotely true, Gerry. Remember, DYWTAM was written by not one, but two, multi-millionaires using these very techniques. I suspect that you’ve been ripped off in the past by the many “get rich quick schemes” that are out there. That’s a real shame. Having done all of the fourteen levels myself, (and I watch others do the same every week), I feel highly qualified to disagree with every single one of your comments. If you’re not rich now then you have to change your thinking if you want to make serious money. Here’s the thing; “If you keep doing what you’ve always done – you’ll keep getting what you’ve always got”. Stop and think about that for a minute. I don’t know if you live in a two million pound house but if you don’t, here you are telling someone who does that this won’t work. Really? The DYWTAM Programme is a genuine no-nonsense guide on how to become a millionaire – and absolutely anyone can do it.

  • Barry, is it only 10 issues of Double your way to a Million? A friend of mine who is interested wants to know, thanks.

  • hi barry i am interested in your horse racing course and your recommendation of using isiris,i understand kevin booth has resigned from isiris do you still recommend we use this company still thank you,and also i notice on your websitethat it is still dated 2017 .

    • Good question. I have not used the Isiris service recently. I had a brilliant 11 year run but eventually I got closed down by all the bookmakers. I guess that’s a real sign of success but it was fun to do and I actually miss it. I did not know that Kevin had actually retired but I understand that the results this year have been extremely good. Maybe regular readers who still use Isiris can update me on that one and let me know how they are doing.

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