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How to Own Silver Now...

By Dr. Steve Sjuggerud
Monday, February 13, 2006

Over 100 million ounces of silver may get taken off the market in the coming months...

The event that could cause this will be the creation of a silver “exchange-traded fund” (ETF). Once created, it will trade like the highly popular gold ETF, which has taken billions of dollars of gold out of the market and helped push gold higher. After all, basic economics tells us that with less supply, prices rise.

As I’ve explained in previous editions of DailyWealth, I think we’re in a long-term bull market in commodities... which will help push up the price of assets like silver. So how can we get into silver now, before the ETF is created? What’s the right way to own silver?

In the January 20th edition of DailyWealth, our friend and gold stock analyst John Doody gave us his best answer. But he may not have known about what I’ll share with you today...

After reading that edition, my longtime friends at Asset Strategies International (ASI) couldn’t believe I left them out.

While the article was about John Doody’s thoughts on silver, I still should have mentioned ASI, as they’ve worked hard to bring an excellent way to buy physical gold and silver to us in America.

You see, the big problem with owning physical silver is storage. With gold at $550 per ounce, you can hold $100,000 worth without much of a storage issue. But $100,000 worth of silver, at $9 an ounce, storage and transportation becomes a big problem... that’s about 700 pounds! You’ll have to clear out space in your garage to store it all.

I visited Perth, the capital of Western Australia last week. Most of the precious metal coming out of Australia comes from this part of the country.

“Steve, when you’re in Perth, you’ve got to check out the Perth Mint,” ASI President Michael Checkan told me.

After gold and silver gets mined in Western Oz, it eventually makes its way to Perth. The Perth Mint can turn the stuff into anything... from bullion bars to intricate coins.

As Asset Strategies VP Rich Checkan told me before I left for Perth:

SteveThere is another alternative that allows the investor to own physical silver as or more cost-effectively than the ETF (whether or not the ETF does find approval).  It is available now, so the investor can hold silver before the 130 million ounces come off the market.

“It is 100% backed with silver stored with a Standard & Poor’s AAA-rated government guarantee.  And you doesn’t have to move the car out of the garage to store it ... the Perth Mint Certificate Program (PMCP).”

Simply put, the Perth Mint Certificate Program allows an investor to easily own and store silver (or gold) with government-guaranteed safety. You simply buy the silver... but don’t have to take delivery of hundreds of pounds of metal.

If you’re interested in a pure silver investment, but want to avoid the risks of owning a stock, these Perth Mint Certificates are a fantastic vehicle. I’ve known the folks at ASI for over ten years... and they’re among the most knowledgeable people in the world when it comes to precious metals and currencies. Michael has been in the business since the 1960s.

I trust Michael, and I’m glad I visited the Perth Mint. Even the people I know in Perth keep their gold there!

If you’re looking for an easy way to own silver, the Perth Mint Certificate is worth checking out.

For more, you can reach ASI toll free at (800) 831-0007, or by email at[email protected].  Tell ‘em Steve sent ya.

Good investing,


Market Notes


Syngenta (SYT)… agricultural chemicals and seeds
Agrium (AGU)… agricultural chemicals and seeds
Lockheed Martin (LMT)… aerospace and defense
Akamai Technologies (AKAM)… Internet toll road
Templeton Russia Fund (TRF)… Russian ETF
Waste Management (WMI)… garbage and recycling
Tata Motors (TTM)… India’s largest automaker
Caterpillar (CAT)… construction and mining equipment
PetroChina (PTR)… oil production
Martin Marietta (MLM)… construction materials
Domino’s Pizza (DPZ)… pizza
McDonald’s (MCD)… burgers


Chiquita (CQB)… fruit. Pizza and burgers taste better? (See new highs)
Intel (INTC)… semiconductors
Google (GOOG)… don’t say we didn’t warn you
Yahoo! (YHOO)… search engine (AMZN)… Internet retail
EBay (EBAY)… online auctioneer

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