I listen to X22 everyday and Dave always mentions "saving your wealth and investing in precious metals and crypto". I don't know much about the stock market. My plan right now is to buy some physical silver and just hold it and wait for it to go up and the plan to go through. Is this a decent plan to have some money saved for the future or am I retarded?
Guys, enlighten me if I'm wrong but, the reason why Dave is suggesting investing in cypto and precious metals is because they're going to become the standard currency in the future when the Q plan goes through right? Which means they will have a lot of worth?
So that means buy cypto and precious metals right now, then when the plan happens you're safe and you have some money left because all of the fiat money from the central banks is going to be worth nothing. Is this correct?
Thanks frens
TLDR: Buy silver, use it as an opportunity to buy housing, real estate, businesses, raw materials or whatever else you can make money on when the time is right.
The value of silver will probably not go up very much over time, so you won't get rich buying silver alone. The value of silver expressed in $ is what will increase as the market starts to realize the massive influx of printed dollars. All assets will realize that influx - housing, metals, machinery, raw materials. Commodities will also cost a lot more. The point is that if you have savings in $, then you should take some of those and buy "something" that will retain true value. Silver is great because it is already highly undervalued in $, and it does not degrade. One caveat about getting rich buying silver is that there will be an overlap of time where metals will rapidly increase in value, but other assets prices may not have risen as fast. That will be a prime opportunity to buy using your silver. It may be a short window, but it is how people get rich when everything else is going to the crapper. I plan on picking up more rental properties for pennies on the dollar as the pressure mounts from the collapse. It's a bit predatory, but life is war, and you can do more good being wealthy than you can being needy.