This is gonna come off as an ad, but oh well. If you aren't aware, the USD is headed for collapse. What comes next is anyone's guess. Likely the gloablists will try to introduce a new fiat currency. There's theories that Trump has been packing State treasuries with real gold and silver to create a new US currency that is backed by precious metals.
Either way, your dollars are about to be worth less than toilet paper (okay they technically already are, but still). If you haven't got any silver yet, I recommend getting some now. The more you can get the better, but $100 worth is at least better than 0. These are the guys I buy from:
Anyone you buy from will charge over spot. If you know someone or find someone better, then great. I'm sharing a link for anyone who doesn't have a vendor and would like one.
Even if by some miracle the Fed doesn't collapse, you can always trade it back on an upswing, but even if the USD recovers or we go to a new currency, keeping a small stash of precious metals is just plain smart in case of... well anything that can hinder your currency usage.
ok, I got a good stash of silver, should I look at some gold? should I get gold or silver in anything besides 1oz coin/bars?
Yes get gold in addition to silver. 1oz gold coins or bars is good. Silver 1oz coins are good, or Constitutional coins. Once you have a good supply of 1oz and smaller silver you can start stacking bars as a store of wealth. 10oz and 1kg bars are good. ..heck, all silver is good.
Ok thank you, I’ve noticed the focus is always on silver. Wasn’t sure if there was a reason that gold has not hardly been talked about. I know the price is much more affordable per oz so maybe spending it would be easier than expensive gold if the economy came to that
Silver is the people's money and is great for transactions. Gold is a store of wealth because you can hold so much value in such a small space. Silver is heavily manipulated and the price is much lower than it should be in dollar terms. Also, historical gold to silver price ratios were 14:1 when gold and silver were used as money. Over the last 100 years the gold silver price ratio has been about 40:1. Currently, the ratio is about 70:1. Silver has been destroyed in industry while gold is just sits in vaults. Silver is getting mined at a ratio to gold of 7:1. ..there are so many reasons why the price of silver should be over $250. But, governments around the world are hoarding gold, not silver. Everyone should own both silver and gold to protect their families from the devaluation of their currency.
Thank you very much for that
Buy coins for emergency trading,and bars as an inflation hedge.
I love when my father in law brags about his gold and how it insures against disaster. He refuses to believe me about executive order 6102. He watches fox and thinks we can vote our way out of this. Thinks there was fraud in the election but doesn't know if it was enough to change anything. Says he needs to see the proof while simultaneously refuses to look at proof i provide. There is a huge boomer population who literally need the pundits to tell them their reality.
The ones who should be telling everyone else. The lard has hardened and they are trapped in the Lazy Boy 🤦♂️
Pa.
Thetic.
If his 401k looses 90% he will wake up in a big hurry. Both of my brothers are the same way.