Saturday, December 4, 2010

Don't pay too much for your Silver!

Friends,
This is just a friendly reminder to all that may be interested in Preserving and Protecting their wealth by exchanging devauled dollars for Real Money which is Silver and Gold. DO NOT PAY TOO MUCH FOR YOUR SILVER AND GOLD! There is a premium to purchase both Gold Eagles and American Silver Eagles. The premium for gold should be around 5% added to the spot price.

As for Silver, you should pay no more that around $2.5 to $3 over the spot price for the American Silver Eagle. There is a MLM out there that charges almost twice the spot price for the Silver Eagles. The way the MLM works is that for each person that signs up and buys 2 Silver Eagles, the sponsor gets 1 Silver Eagle free. Now in order for this to work, the people just coming into the "network" must pay a lot more for their Silver Eagles in order for the sponsor to get one free. Eventually the sponsor that is upline from other's that come in will get his Silver Eagles for a lot less than spot price. I heard one sponsor of a certain Silver Accumulation MLM that posts on Facebook say that he gets his for around $4/oz.

Well folks that puts a burr under my saddle! What is happening here is that people that come into the network later are subsidizing the upline sponsor's purchase of silver by paying a lot more than they should to accumulate silver. Please just think about getting the silver the cheapest way possible and only pay a "fair" price for the metal. DO NOT SUBSIDIZE ANYONE ELSE'S SILVER PURCHASES! Just pay a fair price. You can find a dealer online and just pay a couple dollars over spot for as little or as much such as you want or you can use Dollar Cost Averaging and save in Silver for just a little over average spot prices with SilverSaver. Please don't fall for these MLM pyramid schemes. Someone always ends up paying too much and loosing this way. Just get some silver the most affordable way you can. I like SilverSaver :) https://silversaver.com/share/J3MAA/

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