? Silver - Media Manipulation ?
(www.youtube.com)
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (23)
sorted by:
Physical silver is a solid investment, if you buy at today's prices, the worse you can do is lose a couple bucks per ounce. Now, look at the upside. Plus, take into account videos like this and ask yourself why are they freaking out about it?
Believe me, I'm in.
Bought 16 oz physical yesterday. Hell yeah
The part that cracks me up about every tim pool video in the past week or so, he says multiple times "Now, I don't really know much about investing, but you should totally treat my words as if they mean something because I don't have anything else to talk about for 30 minutes to get my sweet youtube bucks." It's actually hilariously entertaining. lol
(I'm in too, mainly because physical silver will always have value, even if it really does dip in the short term)
Tim pool will say anything. He stands for nothing and has only a superficial understanding of the vast majority of things he rambles about. So he could be right but, if he is, it's completely by accident. It's not the WSB people buying silver, for the most part. They're holding and I think that's awesome. It's a whole other set of people buying silver now, mainly people who want to make sure they have something tangible but also like the possibility that they might be sticking it to the establishment. So that would explain why the WSB subreddit is explicitly stating that people need to avoid silver. For their purposes, it is important to hold. But other people who aren't already invested in GME would be foolish to buy in now, unless they have a ton of money that they are ok with losing.
Bottom line: Silver has real world value no matter what. It's very possible that nobody who bought some recently will see significant gains. But if the dollar collapses, they will certainly have something. Not everyone who is buying it thinks they're going to get rich OR stick it to the man. A lot of people just want security in an uncertain world and can't afford gold.
I've even seen some people saying it should be as high as like 900 IF the paper manipulation wasn't going on, which I think is the crux of the entire idea behind all of this. I don't necessarily think that's going to happen but 250 or so seems totally possible. Wall st is crooked as hell, so it wouldn't surprise me at all. It's definitely fun though, as long as you're buying in low. Like a new hobby for me, with pretty minimal risk.
I buy silver here and there as i can locally because it's real and our money is fake.