BUYING SILVER TODAY WITH NEXT YEAR’S MONEY
Let me explain: (This is not ADVICE, This is What I did)
About a year ago, I ran out of money I had already accumulated though other investments to buy silver and gold. I was left with buying from resources generated from current income. Naturally, this wasn't enough. After converting all the jewelry I could talk my wife out of, we were left with what I felt was a dilemma. How can we keep up the silver buying rate we'd been enjoying when we really don't have the kind of money from current income that we would consider enough? After all, if we wait, I felt there would be less silver to choose from, (as it turned out, silver rounds are now "delayed", and less silver is available from on-line dealers as you all know). So how could I solve this problem?
Open up a new credit card (with a 0% interest rate on new purchases for one year). This only works if you know you'll be able to pay off the entire balance before the card begins charging interest. Otherwise, it doesn't make any sense. You must project your income at least 1 year out and budget for a large payoff before that one-year 0% intro-rate ends.
There really isn't much downside to this. If in the worst-case scenario, we could not pay the credit-card balance, we could liquidate the silver (probably at higher prices) and get out of debt on that purchase. In the event that silver becomes very hard to get one year from now, however, we'll have had the silver in our possession before any price explosions.
One other thing-- this is kind of like sticking it to the banks. You'll be borrowing their FIAT at 0% to buy what they hate, the anti-bankster, silver.
So I went here and found numerous deals for 0% interest rate cards:
If you buy at Provident, they only charge 2.7% on Credit-card purchases and deliveries are very fast.