DON'T SAVE MONEY, SAVE THIS INSTEAD! | Robert Kiyosaki

Resources:
Read Robert's newest book Fake as well as Rich Dad's Guide to Investing: What the Rich Invest in, That the Poor and the Middle Class Do Not!                                                                                                                  
P.S.
I would like to hear from you! Please put a comment below about this post, your opinion or suggestion might be valuable to others! I promise to answer every question you may have or a discussion you might want to start!

Also share this blog post on your social media! If you like the blog, you can subscribe to our email list using the link http://bit.ly/2veKPfC

Thank you for your time and participation!

5 Silver Stocks to Watch in 2019

Silver stocks can help diversify your portfolio. You can buy into some of the world’s best silver mining businesses – which I’ll cover below.

Silver is a precious metal. But that doesn’t mean it’s only for cutlery and wedding rings. Silver has industrial applications… from electrical switches and solar panels to computer chips and medical devices. Most vehicles, cellphones, computers and home appliances contain silver. Why? Because of its high electrical conductivity and durability.

So as consumers require more silver-dependent merchandise, supplies are being stretched to the brink. In fact, it’s fair to say that the world is literally running out of silver. 2018 was an especially difficult year for the silver mining industry.

Mexico and Peru, two of the world’s top silver-producing countries, reported significant declines. Mexico’s silver production dropped 2.5%, while Peru’s fell more than 5%. In North America, the results were even worse. Canada dropped 12%, while the United states reported a whopping 16% drop in domestic silver production.

The good news is that the industrial demand for silver is growing with solar panels and other ventures. If the supply is becoming scarcer, silver mining companies will become more valuable. These silver mining companies are positioned well to meet the supply gap.

5 Silver Stocks

Wheaton Precious Metals (NYSE: WPM) is the largest public silver streaming and royalty company. That means it strikes deals with mining companies to purchase metals at a discount and provides funding in return. With a market capitalization of $10.4 billion, it is a powerhouse in the silver industry. Formerly known as Silver Wheaton, the company is responsible for more than 26 million ounces of silver per year. The name change represents Wheaton’s effort to balance its silver-to-gold mix by including more gold. In 2016, the company paid $800 million to mining giant Vale (NYSE: VALE) to acquire the right to purchase 25% of the gold produced from its Brazilian mines. As Wheaton Precious Metals diversifies to become more of a gold and silver company, expect its sales to increase.

Pan American Silver (Nasdaq: PAAS) stock has dropped over the last year, hitting a 52-week low in May. But investors should consider this a buying opportunity. The Canadian-based silver mining company has a market capitalization of $2.24 billion. In 2018, Pan American announced that it would acquire Tahoe Resources, whose biggest silver mine is in Guatemala, for $1.1 billion. Pan American has steadily expanded, and it now owns and operates six mines. The biggest is La Colorada Mine in Mexico, which produces 7.1 million ounces of silver per year. The company has had growing pains, but it is poised to bounce back.

First Majestic Silver (NYSE: AG) acquired Primero Mining in 2018, and in doing so got the rights to mine the San Dimas mine in Mexico. This was a game-changing acquisition for First Majestic. With an annual production capacity of 5.8 million to 6.4 million ounces of silver, San Dimas is First Majestic’s largest and most cost-effective mine. Wheaton Precious Metals had an agreement in place with Primero, but because of the acquisition, Wheaton is now in business with First Majestic Silver. And the deal is favorable to both sides. First Majestic Silver estimates that its deal with Wheaton is 60% more valuable than the Primero deal. Additionally, First Majestic issued 11% of its shares to Wheaton. The acquisition makes First Majestic’s mining focused almost exclusively in Mexico, which is why its slogan is “One Metal, One Country.” Should it resolve all the hiccups in taking over the San Dimas mine, First Majestic Silver should see increased profits.

Hecla Mining (NYSE: HL) was founded in 1891 and is headquartered in Coeur d’Alene, Idaho. Hecla Mining was prominent in what became known as the Silver Valley of Idaho. A large part of the company’s production still comes from mining silver in Idaho, but recently Hecla has expanded to gold mines in Nevada. Hecla Mining has struggled with a host of issues, from labor troubles to lackluster operating results. But despite those issues, its revenue jumped 9% year over year in this year’s first quarter. The Lucky Friday mine in Idaho produced more silver this quarter than in all of 2018. After a difficult year last year, things are looking up for Hecla Mining.

Endeavour Silver (NYSE: EXK) is a North American mining company that has seen its stock surge recently. The company’s biggest presence is in Mexico with four operating mines. The company had a difficult 2018, but then again, so did every company in the silver industry. Endeavour Silver acquired the Bolanitos mine in 2007, but it has taken longer than expected to ramp up production. CEO Bradford Cooke stated that while “Bolanitos is running a bit behind plan,” it “continues to generate strong cash flow and should improve.” Expect Endeavour Silver to increase production and sales in 2019.

Conclusion

Silver enjoyed a long bull market a decade ago… and it might be setting up for another bull run. The last few years have been bumpy, but if a big upward trend forms, the five silver stocks above could add some big returns to your portfolio.

There are a variety of ways to invest in silver. One very popular method is buying up silver coins. Check out our guide so you can learn how to buy silver below its spot price.

Good investing,
Peter

Article Source

WHY BUY SILVER? 5 AMAZING REASONS YOU CAN’T IGNORE

Are you asking yourself the question: why buy silver? If yes, then you should click here and check out these amazing reasons.

When people think about investing their money, the first place they often turn to is the stock market.

However, it’s time to think outside the stock market and turn to another worthwhile investment: silver.

That’s right, spending your money on silver is a wise investment.

But why buy silver?

Check out this guide to learn the top reasons why you should buy this precious metal.

WHY BUY SILVER? 5 AMAZING REASONS YOU CAN’T IGNORE

1. IT’S REAL MONEY

While silver isn’t a part of our currency, it is real money.

Physical silver, unlike actual money, cannot be created in some factory. So its value doesn’t depreciate over time in the same way that actual money can.

Plus, silver doesn’t have any counter-party risk. In other words, you don’t need another party to make good on a promise or contract, as is the case with pretty much any other type of investment.

There’s also no way to default on silver, and it provides you with a long-term investment.

2. SILVER IS A HARD ASSET

Out of all the things you’ve invested in or considered investing in, how many of them can you hold in your hand?

Silver sets itself apart as one of the few investments in the world that you can carry with you anywhere you go. And there’s no risk of it being hacked or erased, as is the risk with other digital assets.

3. IT’S CHEAP

If you’re looking to invest in precious metals but don’t have a ton of money to spare, silver is a great investment.

While the price of silver changes each day, you can now buy it for around $17 per ounce.

Plus, because silver comes in smaller denominations than gold, you can later sell it in smaller denominations so you can keep what you need.

4. SILVER INVENTORIES ARE DROPPING

Another great reason to invest in silver now is because inventories are currently dropping.

It used to be that most governments held stockpiles of silver in their inventories. However, nowadays, the only countries with silver warehouses are India, the US, and Mexico.

A big reason countries no longer stockpile silver is because it’s no longer used to make coins. However, it’s still used for a lot of other purposes, which means that if there’s a scarcity in the future, industries will seek out private investors for their silver collections.

5. IT CAN BE REPURPOSED

Another major benefit of silver is you can repurpose it to make other objects while still holding on to its value.

If you don’t just want a lump of silver sitting around your house, you can repurpose it into silver jewelry, plates, silverware, serving platters, mirrors, or many other items.

This means you can get some use out of your silver while you’re waiting for its value to grow.

Why Buy Silver: Are You Ready to Invest? 

Now that you have the answer to the question “why buy silver,” it’s time to start investing.

Also, be sure to check back in with our blog for more tips and tricks.

Article Source