Russia & Canada had their access to the fiat monetary system cut off on a whim by sanctions and regulations. Gold & silver held in your own possession has no counterparty risk and your ownership is anonymous to authorities. When the national debt bubble bursts and the BIS is forced to revalue gold to at least $15,000 per ounce (assuming the dollar doesn’t totally fail and make metals even more valuable than that), you won’t just make it, you’ll be wealthy compared to your peers.
• 5 ounces of gold bought a fancy estate in downtown Berlin during the Weimar hyperinflation • 25 ounces of gold eventually bought you an entire block in Germany • Silver & gold skyrocketed during the stagflation of the 1970s • Silver’s price will tighten to 16-1 with gold as it historically does when the prices of both skyrocket • Silver & gold are currently traded in Venezuela right now to purchase food, haircuts, and other things during their hyperinflation, so it will help during a crisis too
I would also own cryptos like Bitcoin just to diversify. Trade that worthless toilet paper away if you can before SHTF.
Anbody want some gold I’m selling at 90 percent it’s value Go to the Vancouver art gallery and scream fuck Ukraine and wave a Russian and Nazi flag and I’ll hook you up
Matthew Davis
All I know is that we're not allowed to talk about silver and the Federal Reserve, and this thread will fill up with kvetching kikebots if the mods don't delete it.
Scenario 1: you want some flour but the only guy with flour needs salt, and you only have some beans. You can't just shoot him and take his stuff because everyone has guns. You spend all day trading your beans for corn for lumber for batteries for sugar for diesel and by the time you get some salt he's already traded and gone home. You wasted the entire day and still don't have what you want.
Scenario 2: people aren't retarded, so they adopt a standard currency, like people do every time a fiat economy collapses. You trade some silver for flour and have the rest of the day to yourself.
i am only speaking from my own experience but i presently own gold and silver at a 1:100 ratio and honestly i wish it was more like 1:10. i wish i had more gold.
Henry Richardson
>holding only 60 ounces troy puts you in the top 1% of silver holders
>wait for ratio to correct, then trade silver for more gold than you could get with fiat This.
Jaxon Rodriguez
Silver's a rollercoaster. Spec savings in silver; can't-lose savings in gold. That said, the ratio's headed in the right direction today!
Jaxson Garcia
Once oil starts selling on the Chinese yuan and the American petro-dollar is dead you will have wished you bought cheap. And once the west has to double down on “green tech” they’re going to need a lot of silver for panels and batteries.
Alexander King
This idea is great in theory but the availability of physical to make the exchange when the time comes is what worries me
Thomas Cox
Why would one hoard gold/silver instead of something that has much better use (and thus value) at this stage of technological development?
David Howard
And premiums. It's good to have some gold just because they don't always move at the same time when they moon.
Isaiah Morris
Because they stand to be relatively high valued compared to alternatives
Jackson Smith
You don’t hoard anything yet and you’re out of time
Henry Flores
Silver is massively overvalued and gold is barely higher than 2012 levels lol
Juan Nguyen
>5 ounces of gold bought a fancy estate in downtown Berlin during the Weimar hyperinflation >25 ounces of gold eventually bought you an entire block in Germany
Why is it that Boomers are so afraid of precious metals? It's not like you're trading money for some crypto scam on Any Forums. It's literal money for something more concrete. I've been trying to get my mom to buy more gold with her immense boomer-assets and she acts like it's the dumbest thing ever while keeping half a million with Morgan Stanley or whatever. I don't want to get fucked out of my inheritance because of these kike games.
Indeed. Can't lose with either or both. It's the eiffel tower spikes in silver price historically that make me nervous about making the trade. That said, I think this time is actually different and both will revalue to a much higher and permanent baseline. No more derivative suppression.
Mason Carter
I went all in on property and got a 100% return in 3 years. I made €100k on house price increases and saved roughly another €60k on what rent of an equivalent place would be.
Pretty nice.
Jaxon Young
that was a true price exposure caused by events set in motion by the Hunt brothers
Why are they high-valued? When shit hits the fan, what practical value does gold and silver have? What percentage of essential technology relies on gold and silver? Why shouldn't I hoard semiconductor devices instead, oil, diesel engines (or essential materials and machinery required to produce it) or farming equipment? Machining equipment to produce guns? Non-spoiling food?
James Evans
Are you that far incel looking guy? I just threw a banana at you Why are you eating it ? It was in my ass
Nathaniel Sanders
>Wealth of Nations
That was published in 1776 way, way before Weimar Germany. That top chart looks accurate, but do we know what a house was priced at during that time? I don't see a reason why property wouldn't just be priced even higher than metals under hyperinflation, especially nowadays where housing is thoroughly ZOGged far more than it ever was in history.
Mason Garcia
Damn bro u right. U wanna buy my silver 50% below spot? It just takes up too much room.
Noah Turner
or sorry. I paid €20k on the mortgage, a good portion of which is just interest so not quite 100%. Still excellent though.
Andrew Ross
All of that stuff is good but gold is money to the banks. Don't you think they'd have ditched it if the latest technology could replace it?
Angel Harris
Why not a little of each? Also, the people around you that hoard that shit are the kinds of people that trade in pm. If you fucked up on one but bought pm, you can trade. I do it all the time.
