Silver?
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How much to start? Ideally?
I know “depends on what you can afford” etc.
What’s a smart starting point?
As much as you can afford. Consider that silver will only "hold" your current purchasing power, so if you buy $10k today it will be able to buy you the same amount of items in the future regardless of fiat price. - with that thinking hold as much silver as you think you'll need to survive a certain amount of time. Ie: 6months, 1year, 2years. I don't think this is true, I think silver is going to go much much higher and will buy you plenty more in the future. But think of it from a conservative standpoint when figuring out how much you have. Best move is to buy steadily, every couple weeks or months. Don't forget gold though. Should definitely have that too.
Such a solid explanation. I appreciate it greatly. Bless you
Thank you for the info, I will use it accordingly. Bless you, fren.
My opinion is silver is still heavily manipulated down in price and right now you should be stacking. Look at your other investments. Is 15% too much to put into silver? Only you can answer that as a percentage of your entire portfolio. 10%?
Me, although I haven't bought any in a while, I would look for when the price goes down and then buy some. Even if it is only a few ounces.
I don't look at silver as an investment though. To me silver is a hedge against the future and what these maniacs are going to do to the world. So I buy and hold. Never sell!
Hodl!!!
Thanks tstr. God bless
When I was big into buying silver I was buying two oz a week as a dollar cost average. Most of it was under $10. I still buy some here or there if I’m near a metals dealer.
Yes, silver! They are pretty much paying you to buy it now. Stack that shit!
Imho,
GME is exposing the corruption within the FIAT system.
Silver is exposing the corruption of the FIAT system as a whole.
Except silver hasn’t done that at all like GME has.
Yes, to some extent that’s true.
Understanding GME does not necessarily require understanding about the whole monetary system. When things progress, I believe it will become obvious to more and more people that money itself has been corrupted. Protecting the fiat illusion is the final line of defence for the central bankers. And it is possible that silver will be the pin that bursts that bubble.
There is already over 173,000 members in ’Wall Street Silver’ Reddit group and there’s a lot discussion about the manipulation and corruption in precious metals markets there. So I believe the silver story is gaining momentum.
I'm hoping everything he said is true but this is an old video, correct?
12 months ago, ingot excited about this speculation.
Well ... Gotta say I agree with AJ on this one. Reddit r/wallstreetsilver
Hmm, not buying it. I remember reading through some articles that showed these hedgefunds are LONG in silver by hundreds of millions.
I think this is a last ditch effort to drum up funds to bail themself out of the GME debacle.
Some are long in paper silver,the comex and banks are very short on actual silver. All commodities have gone way up,except silver look at the inventory numbers of the comex,it's going down every month.
Read the DD at r/wallstreetsilver
Nah fam, i seen the reports of major hedges owning something like a hundred mil long in silver.
This is either a way to make them more money or water down the buying of GME.
GME is the ONLY play, always has been.
You sound like a cult member.
Wtf? Im a cult member because hedge funds are fucking over idiots with basic reverse psychology? I mean this is all public info. You can look into yourself and see that the major hedges are LONG in silver. Meaning every silver you buy drives up the price, making them more money.
This is either a way to make them more money or water down the buying of GME.
GME is the ONLY play, always has been.
This is the way.
It's about time, Alex!
Have y’all seen those Scottsdale silver stackers with the lions head? Man those are pretty! I’m going to order some tomorrow.
We should all start sporting some honking massive silver chains around our necks. This is speculation, not compensation.
I started buying silver 11 months ago,for this reason.
Glad he finally figured it out.
Buy actual silver,not SLV its just paper. Buy PSLV if you don't want phisical.
infowars has been pushing silver for years though
Cool,I don't listen to him.
GME is the only play, dont fall for their bs.
This was my understanding as well for quite some time. All one has to do is look at the historic relative value between silver and gold, and realize that we're destroying exponentially more silver than we ever were in electronics manufacturing, to know the current price of silver is artificially deflated.
However, seeing Alex Jones back it up gives me reason to believe that narrative could be wrong.
Silver is coming out of the ground at a ratio of approx 7:1 vs gold and is currently priced at 80:1. Also, 75% of silver mined every year is destroyed in industry whereas gold is not destroyed at all. So, by this logic available gold and silver each year are approx equal and there is a solid argument they should be valued at 1:1
Gold is destroyed at a much lower rate, but it is consumed for various uses. Just FYI. Additionally, it's worth noting that silver is mined at a much higher rate than gold, and has less intrinsic (call it religious if you like) value than gold, so I don't imagine it would ever see a 1:1 value.
But yeah, the historically consistent price of silver compared with both labor and gold until the 20th century shows that our modern wealth system is WAY out of whack and cannot be sustainable.
I favor silver more than gold for a long-term commodity investment because it is deflated, and because there is more of it, so it's harder to control compared to gold, which is primarily owned by those few families that control the banks. However, depending on how much you're investing, silver isn't always viable due to the physical space limitations.
I'd like to believe we'll see 1:1, but I don't think we will either. Historically it was priced around the ratio it was being mined at (ballpark 12:1-16:1). Would love to see it at 7-8:1 that it's being mined at today. Otherwise I'd agree fully with your post. Very well said. Stack on fren.
It's could very well be more than gold if what bic says is true about the grand canyon being flooded with gold
Yea this totally fits with what GME apes have been experiencing for awhile. A lot of media outlets started pushing silver as the new GME trying to get them to paper hand and buy into something that is even more easily manipulated by the market makers.
It’s not that they’re wrong about silver, it’s just such an unrealistic long term play with no reason to believe they’ll ever lose their control over it. And I say that as someone who holds silver and will always hold silver.
This is actually part of one of the DD's on superstonk and isn't unique to just Silver. They have been fabricating shares marketwide for years and it is a bubble that is destined to burst.
Alex Jones is part of the DD on superstonk? I have literally only seen people be wary of buying silver and anyone pushing silver on all the GME related subs.