every time you buy an ounce a kike cries
BUY SILVER TO END THE FED
Brayden Butler
Thomas Hughes
Based, be careful tho they ban for SETF. If you make an anti-silver thread they let it stay up.
Jaxon Sanchez
i phonepost
Hudson Watson
Good thread user how about tell us more
Adam Morgan
Blake Wood
Too much paper money chasing too few goods? What if all the money chased all the gold?
Total US gold, both government and private: 300,000,000 ounces
US M2 money supply: 21,729 billion USD
Total Gold / Money supply: $73,250 per ounce of gold
Silver's price is historically tied to gold in a 1:15 ratio. That'd put silver at $4883 per ozt.
Nathan Perez
cont.
Is housing overbought? Now even the shoe shiner could tell you that it is. Precious metals are attractive because, like land, supply is limited but unlike real estate now it's extremely undervalued according to the macroeconomic situation today. The average normie has the feeling of impending doom, some might even be able to tell you that hyperinflation is "a problem", but the understanding isn't any deeper than that, they're unable to put the feeling to any useful action.
Jaxson Hernandez
bump
William Williams
so if i buy silver the 1 gold oz equivalent is like $600?
Jaxson Perry
Gold and silver is the hedge against the destruction of hyperinflation. Opponents will try to misrepresent it as an "investment" but that aggressively misunderstands the properties of the commodity itself as being low in supply and inherently valuable in the way that land is. The only economic difference between real estate and precious metals is that silver and gold are not overbought and that precious metals are fungible and so more useful in trade.
Of course precious metals will underperform as "an investment". The deadly caveat here is that the better performance of other assets are awarded in US currency which is chugging on its way to hyperinflation. The reader will have to measure this risk themselves
Hudson Evans
Mandatory bump. Silver is so comfy. I'll buy more when I graduate next month
Isaiah Ortiz
>so if i buy silver the 1 gold oz equivalent is like $600?
Only if the historical 1:15 ratio is restored at current spot prices. But that ratio won't be restored until current market distortions are realized and addressed.
If market distortions are realized and addressed (read: Housing Bubble Sr.), the spot price itself will ALSO move. Gold will go higher and silver will follow and the current 1:80 ratio will drift closer to 1:15
Cooper Ortiz
so should i buy gold or silver? if it breaks out the ratios will correct
Jeremiah Gomez
David Allen
Andrew Bennett
>tfw Dorothy will never be real
Why even live
Jaxson James
make her
John Clark
both are undervalued but silver moreso than gold. Given that, I buy silver exclusively since there's more upside but you can't go wrong either way as long as your time horizon doesn't have you forced to liquidate your physical position in less than 2 years
I saw that, crazy. The caveat here is that the game revolves around perceptions so the numbers only mean so much as the feelings they elicit. Things will only happen once money flows out of US treasuries and flows somewhere else besides the stock market.
In a normal clown world, when treasuries are sold that money goes to seek gains in speculation. If the party shuts down and the music stops, money leaving treasuries won't seek the stock market as per usual. It'll flee into the haven of gold and silver. This is how the next economic happening will go down, just like how it happened in every other fiat experiment in history. Just like with every communist incident, "the jews are at it again"
Bentley Moore
So what should normies do, stack 1oz buffalos?
Hunter Martin
>Of course precious metals will underperform as "an investment". The deadly caveat here is that the better performance of other assets are awarded in US currency which is chugging on its way to hyperinflation. The reader will have to measure this risk themselves
Actually gold has performed better than the S&P over the last 50 years and will be massively overperforming the S&P almost any day now.
Ethan Cruz
im sticking to cash rn since i need to buy land after i get out of school in 6 months or so, i have 60 ounces of silver atm. my plan is to use it to pay off my mortgage on the land if i need one since its only a matter of time until the silvers value exceeds my debt
Robert Hall
yes. Or bars. Or junk silver. I read today there is 20 grams of silver per solar panel. That's a shitton of silver.
Bentley Perry
don't get me wrong, we're not preparing for mad max. We're just preserving buying power. So whatever buying power you want to carry into the next economic model should be stored as metal. "Stored" is not a strong enough word here, it really is long term for someone low income like me with a time horizon in the years. $40k/year here, 1000+oz in silver. Whatever cash you want to speculate/gamble with needs to stay liquid as USD. I make gains in USD, savings in metal.