You might think the financial talking heads are crazy for believing the US dollar is on the verge of collapse. But is it really that far-fetched? Think about it.
Believe it or not, there are two key factors that could definitely mean the end of the US dollar. Without a US dollar, we’ll no longer have a budding US financial system. And Americans no longer have safety and security like they’d once enjoyed.
The two factors that could mean the downfall of the US dollar include:
- Reckless spending by the US government. The US national debt rises by trillions of dollars each year. And even a money conscious president like Donald Trump can’t seem to put a stop to the bleeding.
- Weak fundamentals in the US economy. The White House might insist that the US economic fundamentals are strong, but we know better. Sure, Trump may have the lowest unemployment rates in decades, but things are definitely slowing down. Stock market prices are swinging wildly week after week. Many investors currently fear the next recession. Manufacturing and housing indicators tell us that these two key areas are experiencing slower economic growth. And by 2021, most economists believe a major downturn is on its way.
Will the Economy Get Any Better? Or Is It Going to Get Even Worse Soon?
Guess what? Things are about to get worse before they get better. In fact, the US national debt is on its way to growing much larger. The US government can’t seem to keep their spending in check. In fact, it’s expected that the US national debt will reach $30 trillion in the next 5 to 10 years.
How is the government going to pay off this debt? They can’t keep taxing poor people that already have little money to spare. The only way is to improve economic performance. As we’ve shown, economic data indicates growth is about to slow down and the next recession is on its way.
How does this affect the silver price? Silver IRA investors are preparing for the worst. And through their preparations they’ll make incredible returns on their timely investments.
Is There Any Truth to the Rumor? Will the Silver Price Really Hit $130 per Ounce?
If you listen to Keith Neumeyer, CEO of First Majestic Silver, he’ll tell you that he believes silver is going to reach $130 per ounce. He’s shared his opinion on this matter since November 2017 and it hasn’t changed. As a matter of fact, his opinion has only gotten stronger.
Why does Neumeyer believe it’s going to hit $130 an ounce? If you look at the numbers, the silver price has a long way to go before this prediction comes true. So is there any validity to his thinking?
4 Reasons Why Keith Neumeyer of First Majestic Silver Believes You Should Invest in Silver

Well, Neumeyer shared a few reasons why he believes it’s possible. His reasoning for believing silver will reach $130 per ounce includes:
- He feels the current stock market trends are very similar to market trends in the year 2000. During 2000, the market briefly collapsed due to the dot-com bubble. It also lost quite a bit of money because the mining sector struggled during this time. In 2001 and 2002, the market corrected and mining prices began to rebound in a big way. He feels mining prices are in a similar pattern right now. And they are about to rebound as soon as the stock market crashes. And it’s going to happen because the market is so overbought.
- Since 2012, Neumeyer points out that many companies in the mining sector were struggling with tough times. Since then, many of these companies have more than recovered at this point. Neumeyer realizes that investors have recognized this recovery. They’ve increased their productions for mining silver. They’ve added new technology to improve the mining process. And they’ve increased their cash flow tremendously since then. As mining efficiency increases, this value will be reflected in the silver price as it rises higher and higher.
- On the controversial side, Neumeyer feels that gold and silver should uncouple. Gold is different from silver. Silver has real-world value because it’s needed for electronics, computers, solar panels, and much more.
- Lastly, silver consumption isn’t being matched by the mining companies. Each year the world consumes more than 1 billion ounces of silver. But miners only produce roughly 800 million ounces per year. And for the last three years, mining efforts are declining. This means silver becomes scarcer, more valuable, and this scenario is definitely going to raise the silver price.
Why You Should Invest in a Silver IRA Sooner Rather Than Later
More than ever, it’s time to take steps to protect your retirement nest egg. The perfect way to hedge your bets is through opening a silver IRA.
Most alternative investors recognize the value of buying gold. But they often overlook the profit potential of investing in silver.
What makes it such a good choice? For starters, opening a silver IRA is wise because this precious metal is more than just another form of currency. As mentioned above, we use silver rigorously in many of our everyday electronic products. We wouldn’t have smart phones, tablets, many lifesaving medical devices, and more without this precious metal. Since it’s becoming more and more scarce, it’s also becoming a very hot commodity.
Silver IRA investing definitely has its advantages. Some of these advantages include:
- Get all the benefits of a self-directed IRA.
- Hedge your bets against inflation and global economic turmoil.
- Diversify your portfolio.
- Protect your nest egg against the failing US dollar.
The best time to invest in silver is right now. We encourage you to request a free Silver IRA Kit from the best company in the business, Regal Assets. The kit includes many features containing exciting precious metals investing information like free magazines, free literature, and even a free DVD.
Do yourself a favor and contact Regal Assets right away. The economy and the US monetary system is on the verge of collapse.
Are you willing to fall to pieces with it? Or will you take steps to protect your family and your financial future? Only you have the power to change your financial trajectory. Invest in silver today.
Do you have any questions about the article? Ask below!
Have you invested in silver yourself? I’m very curious in just how much money you can make if you invest in silver. Why invest silver rather than gold? What is the big difference between the two? I do believe that the dollar will collapse; it is just a matter of time.
Thank you,
Jessica
Hello Jessica! I have not invested in silver myself, although it is on the agenda when I have the funds saved up for retirement. Then, if the Lord willing, I will open up a precious metals IRA and invest in gold and silver as well.
This article is not advocating investing in silver rather than gold. In fact, we recommend investing in a gold IRA more often than any other precious metals, but this article was written to bring to light the fact that silver is often overlooked as just as good an asset to invest in as gold is. Even better, it can be a better short-term investment than gold is if Keith Neumeyer’s predictions are right that it reaches $130 per ounce in the near future. Silver is much cheaper per ounce than gold is, and if it does reach those numbers than you would be getting a much higher ROI from silver than gold in the short-term. However, we recommend investing in both gold and silver as long-term investments.
It’s just that nobody has made such a prediction like this for gold, although both precious metals are predicted to continue rising in value as the Federal Reserve keeps printing money and the US government keeps amassing more debt. It’s only a matter of time until the dollar collapses then. Silver is also a good investment because it has many practical uses outside of jewelry such as being used in the manufacturing of smartphones and other electronics.
Thank you for dropping by with your inquiries, Jessica!
What an interesting read. I am actually working for a silver and gold company and I am telling you the silver price has shifted tremendously over this past 3 days from $17-$19 this is crazy. Maybe the projection is right that it can go up to $130 an ounce, I men it hit $40-$50 an ounce a few years back. I truly think that we all should definitely start investing on silver at the rate of inflation is going at the moment.
Hello Nuttanee! You’re right that it did hit those numbers and perhaps it will even hit $130 as Keith Neumeyer of First Majestic Silver predicted. The best time to invest in silver would be now. Thank you for dropping by with the encouraging comment!
Thanks for this informative post, indeed Precious metals, especially gold and silver, are the only real money. When a currency loses its value for anyone paying attention, most countries have lost 96 per cent of its value in just one year while the gold and silver remains what it has always been, real money and a genuine medium of exchange. After reading this post, I see metals like silver as the best way to invest.
Hello SeunJeremiah and I am glad that my post was helpful to your learning! Indeed, investing in precious metals is the best way to protect your portfolio and I would recommend that you do so as well! Thank you for dropping by with the encouraging comment!
I am so relieved I came across this article. I don’t live in the US, I live in Mexico, and although our president claims the contrary, here it feels as if it’s close to recession; crazy gasoline prices which take up much of my salary, and the high dollar-peso exchange rate … it makes things difficult sometimes. I never thought that silver could be worth so much, but after reading your article, it becomes so clear. You’re right, silver is not just a precious metal that is used for jewelry, it is present in many electronic gadgets, therefore much more used than gold. I was going to ask you why gold wouldn’t be worth more – although its worth has also gone up – but you already answered that question in your article.
Since I do not live in the US, I cannot invest an a silver IRA, but would just stacking up on a silver supply be just as useful? You made me think!
Hello Christine! Yes, investing in silver would work well even if you live in Mexico. Even though you cannot invest in a silver IRA because you are not a US resident, it does work in the same way if you purchase silver bullion (in pure form). In a silver IRA, there are IRS-prerequisites to how pure a silver bullion bar can be to be qualified for the IRA, but if you are investing without an IRA, you can buy bullion of any purity type. It’s just that holding precious metals yourself can come with security risks, so I would recommend storing them in a vault at the local bank. Please do let me know if you try it out and it works out! Thank you for the comment and inquiries, Christine!
Hi David. Thank you for your informative article on the values of investing in silver. I can totally see where you’re coming from concerning the potential collapse of the dollar. But I think it will involve much more then just the USA. Not only will currency collapse but I believe that paper notes will soon disappear from circulation, but that’s another story. In times gone past it was always wise to hedge your bets on Gold, but I never would have thought about silver. What you say about silver being a metal that is needed in the production of necessary goods, is completely understandable. Gold, like diamonds, are not really required to much in day to day living, but silver is highly used.
I had never really known much about investing in Silver so I have decided to look into it further. As I am coming into retirement I will shortly be looking into cashing in my superannuation policy, I will be looking for somewhere safe to reinvest this money. The Silver IRA kit sounds interesting. Thanks Jim
Hello Jim! Silver is a very useful product in our everyday lives, but gold is also an asset that will rise with inflation and the continuation of the Federal Reserve printing fiat money and the US amassing debt. I would recommend investing in both gold and silver. I’m glad you found my article informative. Thank you for the feedback and the encouraging comment, Jim!