I might have $10k extra to spend by the end of the year. Should I put half into silver and gold bullions/coins or most of it in silver, or maybe most of it in gold? Any tips?
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I think you should invest in food, water and guns/ammo
Just my thought
Agree. Make sure you've got at least a month worth of food/water per person you support, at least a few thousand rounds per caliber you own, and then drop left over in silver and gold. Silver has a better 'upside' when the 'correction' finally happens but gold is much easier to transport at current values. Lugging around 100oz of silver is hard but 1.5 oz of gold is easy.
20th century silver to gold ratio was stable at 47 to 1. Around 2010 or so the ratio was 65 to 1. Currently the ratio is 75 to 1.
The silver and gold markets are substantially manipulated by the large banks and that tends to force the price artificially down.
If we go through a destabilizing economic / currency event, silver is likely to have more upside potential when considering percentage gain in spot price over gold. Personally I think the spot price ratios in such a scenario would get closer again to the 50 to 1. Which would necessarily mean your silver gained substantially more purchasing power relative to gold than it has today.
Another alternative to consider is getting some 10% gold by volume coins and or jewelry. This would allow for exchange of your gold for smaller quantities of goods than what you would need to purchase all at once from a single vendor with a .999 gold coin.
This was long, long after the silver fuckery began. Silver has been manipulated to destroy the American economy since the beginning.
Up until the Coin act of 1873 silver was 15:1 to gold. This caused a problem because the ratio was static. This allowed the PTB to horde all the gold. This means, when the Coin act was passed (at the behest of the PTB) silver, which all the regular people used as currency, became massively devalued, dropping instantly to less than 20:1. From there, the hording/manipulation continued, further devaluing the currency used by the population and increasing the wealth of the PTB.
The real ratio of silver to gold (that which comes out of the ground, at least according to historical records) is 10:1. That is also its historical value ratio, give or take, for about 5000 years of monetary history. All the way up until America, which made it 15:1 just because that was the supply/demand ratio in America at the time (1792?).
If gold/silver is actually 10:1 in ratio (which is an estimate based on fusion physics as well as what is found on earth, so should be about that throughout the universe) then the value, if there was no hording involved, should be more like 8:1, just because silver has more intrinsic value than gold (many more applications in technology since Ag has the highest thermal and electrical conductance of any element on the periodic table).
Looking at the 20th century for silver info is a really bad take on the reality. The manipulation was there from the beginning. Manipulating that ratio was always part of the plan to take over the world.
First buy some long term food storage, water filtration and a really good bug-out bag. Then….Guns are a great investment. Over the past 5 or 6 years, I think we’ve seen more of a surge on gun and ammo pricing than any other goods and services. It’s just going to keep going up and up.
I have both. I have not purchased Crypto's because if the internet is down for any length of time they are worthless.
"Gold is the currency of kings
Silver is the currency of gentlemen
Debt is the currency of slaves"
Awesome quote.
Speculators.
Silver
30grams of silver for every gram of gold is a decent ratio
US small denomination silver coins have melt value, of nothing else, and can be used in barter type trading. If they are available. Hands on or forget it.
You know no one says the clouds have a gold lining. Silver FTW!