Are any of you still buying or holding GME/DWAC?
I have not followed financial markets and many believe the stock market will crash before we take a turn for the better. How do you factor this in with being bullish on certain stocks and companies?
I know none of you can hand out formal financial advice but I want to get some opinions/ideas based on what fellow apes and anons are doing and how you mitigate risk while still betting on the horses you like?
Also what is your opinion on physical silver? Some apes are super bullish but I am curious what you think. I do not reddit but I have seen people literally STACKING silver bars.
Crypto Anons - Do you think Crypto will survive in the long run. Trump himself never has seemed huge on it but I also understand where he comes from when he wants the dollar to be strong vs world currencies. I doubt he cares much about crypto either way because the amount of money in crypto is nearly irrelevant in the grand scope of the world economy.
Thanks for your opinions and input! Trying to do an end of year financial reshuffling and love hearing from people
I would get on the silver stacking train. I'm not saying keep it as your only investment, but I used to keep around 20% of my investment assets in silver, prior to getting into a terrible boating accident and losing it all in a lake. Silver is not just an investment, it is a store of value. Silver has been the most manipulated commodity EVER, specifically since JPM and the fed started paper trading. It's said that per OZ of actual physical silver on earth, not just already mined, nearly 100-1000 paper contracts are sold. Not only is it incredibly undervalued, but its also used in new age electronics, like solar panels, batteries, turbines, etc. Silver is mined at around 8.8 ozs per oz of gold. Since ancient times, the exchange rate of silver to gold was around 8-10 ozs of silver to 1 oz of gold. Right now we hover between 78-81 ozs of silver to 1 oz of gold. It's honestly a steal for the price. I reccomend JM bullion. As a veteran, they give me a substantial break and always have great deals. I'd shoot for 500 ozs or roughly $14,000 with the spot price considered. I mix it up between 10z bars, 1 oz rounds, and 1 oz minted coins, which sell at a higher premium. You'll get addicted when you start to buy. I don't look at it as a quick flip, but long term protection against inflation and possible trading currency during a shtf scenario.
Wait, is the silver in the lake? Boyz let's saddle up and move out. Kidding, sorry for the loss
Most everyone on wallstreet silver goes boating with their silver. It's a good way to lose it.