silver investment: The Lowest Risk, Highest Return Potential, page-181

Silver the lowest risk! Really?

If the precious metal devotees truly believed an economic Armageddon was on the horizon, they'd buy US Treasury Bonds.

During the Lehmans crisis the USD spiked 53% against the euro and as others sought the safety of treasuries, interest rates would decline, you'd be a double winner, USD up, interest rates down, raising the prices of treasury bonds. Right?

Treasuries are liquid too, the US has never defaulted on its debt, you could sell them anytime rather than having to seek the highest price from shady precious metals dealers.

During the Great Depression the silver price fell 47%.