Monday, April 19, 2010

Asian Silver demand on the rise!

I learned about the Silver Summit that was held last March 31 (not sure) in Singapore which featured Rich Dad Adviser Mike Maloney. The seminar was quite affordable and was very tempting but my schedule just would not be able to absorb another travel and so I had to abstain.

In actuality, this summit was both exciting and alarming. Exciting in a sense that people in Asia are now more aware of the good hedge that gold and silver are able to provide to people, and alarming in a sense that because of this new level of awareness, Asians will now be purchasing precious metals and this will, according to my calculations lead us to a bull market. Remember, the Chinese government is now motivating their citizenry to purchase precious metals and as usual the Philippine government, still has no clue.

For those who are not preparing for this ordeal will get into the market too late and will be buying at the the expensive side of the pole. If you have a limited budget, go into Silver and go into silver, QUICKLY! It is still very under priced and under valued that if you move in quickly you might be able to ride this bull.

The stock market is a good place to invest but we are advocating that you move at least 30-40% of your portfolio to precious metals. Even if the Philippine government does not make it easy for it's citizens to have precious metals, I believe that there are still legitimate ways for us to obtain these metals.

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