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Got Leftover Fiat Currency After Final Coronavirus Preps? Physical Silver Is A Screaming “Buy”!

14-3-2020 < SGT Report 10 666 words
 

from Silver Doctors:



SD Friday Wrap: Last weekend was the last normal weekend. Here comes the grave new world, so dig in and hunker down before next week if possible…


Editor’s Note: These charts were set up before 12:30 p.m. EST and do not reflect price action after that time.


*****


I don’t have a lot of time to write this Friday afternoon.



Please accept my apologies in advance.


You don’t have a lot of time to be reading this Friday afternoon.


Please feel free to skim this one because time if of the essence!


Last week my local Costco was out of toilet paper, and they said they would get some in this week, but not the in-house brand.


This week, not only is there no toilet paper, but there’s not a paper towel or napkin to be found in the place.


People are getting ready to “bug in”, “hunker down”, “shelter in place”, or whatever you want to call it.


I went to my local Walmart yesterday and today.


There was not a bag of rice or beans to be had, no butter, almost no pasta, no ramen, and they were running severely low on things like canned fruit, spaghetti sauce, cleaning supplies, soap, toiletries, and you name it.


Anything and everything related to food and toiletries is flying off the shelves.


And to think, the panic hasn’t even begun in my area.


Yikes!


Nonetheless, starting tomorrow, my family will be in full-on hunker-down mode.


I think many other families will be doing the same.


Side note: If there was ever a weekend for one of those Sunday Night Presidential Addresses, this is it.


Be prepared for anything and everything.


The time to bug-out is over, so any bug-out is purely in response to an immediate emergency at this point.


If you have any fiat currency left over after securing those last minute preps, I would recommend buying as much physical silver as you’re willing and able to buy right now.


And when I say that, please understand I’m not saying “mortgage your house to buy silver”.


I am not recommending people buy silver with debt.


However, I’m not saying don’t do it either.


I’m simply saying that everybody has to decide what to do with his or her own capital and access to capital.


Because silver’s screaming “buy silver”!


Here’s the thing: Premium creep is more real than ever, and after this weekend, and after today’s move is silver, it is going to be harder to get a lower price than right here, right now.


In other words, the more the paper price goes down, the more it will actually cost to get an ounce in-hand.


Forget that paper garbage offered up by Wall Street.


My opinion, of course.


There’s no need to show the GSR graph right now, that sucker’s over 100!


Silver is showing a 14-handle:



I think we get a “V” shaped recovery.


Gold is holding its own:



If you have gold to buy silver with, in my opinion, there’s no better time than right now.


Palladium has crashed:



We’re getting to the point where palladium can be recipient of that flight to safety bid much faster than I suspected.


Platinum is looking good for deeper-pocketed, smart investors here:



Of course, when I say “smart investors”, I’m talking about the buying of real, physical metal, not trading futures contracts in a rigged casino.


What’s the difference?


There’s several, but for one, smart investors get to take advantage of the price suppression and buy at otherwise artificial prices.


When will that end?


When the markets blow-up, which they’re doing right now.


Read More @ SilverDoctors.com





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