Euro zone is becoming the number one potential black swan for 2017. There are imbalances and former Fed Chairman Alan Greenspan views gold as a primary global currency and believes that the euro is not working. Greenspan is not the only central banker recommending gold. Kyrgyzstan’s central bank is urging citizens owning gold. Mostly for the property of retaining value.
Why is silver the buy of the decade? Silver is money. It is the ultimate form of money because it cannot be created out of thin air.
It is a store of value because there is no counter-party risk. You do not have any dependency on entities that could default. Silver has never defaulted. Physical silver is a tangible hold in your hand asset. Silver is currently very cheap. One needs only look at the double digit price versus its precious metals relatives which are all trip and quadruple digits.
It’s been a busy month for color diamonds especially green diamonds which are are always difficult to maintain in inventory. There were also several diamonds that did not make it to the website before being acquired by investors. Guildhall discusses the benefits of owning a color diamond and the length of time to expect to hold the investment.