The piddly 30% gain we’ve seen so far is nothing.

Once it gets going, 200%-plus gains are the norm…

[ad#Google Adsense 336×280-IA]So following its largest drop in 34 years – and its third-largest drop ever – you can reasonably expect its price to double, triple, or more.

Better still, I’m not talking about a trade or a speculation. I’m talking about one of the best ways in the world to safeguard your wealth.

An asset you can (and should) hold for years, decades, or the rest of your life.

I’m talking about physical silver. Today, I’ll show you why and how you should buy it now…

If nothing else, it’s an insurance plan…

Gold and silver serve as “financial-disaster insurance” because they’ve been used as money for thousands of years. So both are natural choices in the event of a global monetary crisis.

Where else would people turn? If you didn’t trust paper bills issued by any government, what would you accept for your goods or services? A digital currency, like bitcoin? Maybe… but widespread acceptance of digital currencies is still a long way off.

Around the world, people would accept gold and silver… just like they’ve always done.

To be clear, I think the probability of a financial apocalypse is low. The world has a way of not ending as the “doom and gloom” crowd expects it to. But I like the idea of placing a small portion of my wealth into financial-disaster insurance.

Just like you own car and home insurance, buy physical precious metals and hope you never have to use them.

I like physical silver over exchange-traded funds like the iShares Silver Trust (SLV) because you’ll be less likely to sell when prices experience wild swings, which they do in all bull markets. And again, you’ll have coins or bars in your possession if you really need them.

If you’re concerned about getting in at a good price, take a look at the charts below. As you’ll see in this first one, when silver booms, it really booms.

I only included four of the biggest booms above. But after silver has dropped 40% or more, then rallied at least 25%, it has averaged 339% gains in all. Even if you take out that late-1970s move of 1,206%, the remaining eight booms still average 230%.

In the recent bear market, silver dropped 72%… its largest drop since 1982. Now, it’s in an uptrend… But it’s only up 30% off its December low. An average gain for silver (of 230%) would mean another 176% gain from here.

The downside with buying silver? Well… It’s not too big. If silver starts to tumble again, there’s a good chance other assets like shares of high-quality businesses will be doing well. Because folks see silver as a safe-haven asset, they don’t need silver as much if they feel their money is safe elsewhere.

As long as you keep your physical silver holdings to a relatively small percentage of your wealth, say 3%-5%, even a 50% drop shouldn’t cause much harm to your overall portfolio.

So, how do you buy?

Stick to reputable precious metals dealers. You can find two on the “Friends of Stansberry Research” page here.

If you’re going to buy at least $10,000 worth of silver, I recommend a “Monster Box” full of 1-ounce silver American Eagles (it’s 500 ounces in all). It’s the most widely recognized bullion coin in America, which is helpful if you do need to sell. If you’re Canadian, a Monster Box of 1-ounce silver Canadian Maple Leafs serves the same purpose.

Today, you’ll probably have to pay about 13% over the spot price of silver for American Eagles. It’s not “cheap”… But it’s down from more than 30% about a year ago. And there’s no substitute for physical, hold-in-your-hand metals.

Plus, if silver continues its uptrend, you may not have another chance to buy at this good a price for decades… or possibly ever.

Keep this in mind. If you don’t own physical silver, consider buying some today.

Good trading,

Ben Morris


Source: Growth Stock Wire