I understand. But we need to get the message out. Many here watch what is happening in the financial world and report back. The US $ is crashing. We are watching the end of the petrodollar as many, many countries rush to join BRICS which will have their currency backed by gold. The best protection is precious metals and while I could say gold, if you can just concentrate on 999 silver, whether coins or bullion, it will help. No one knows how high silver will go, but for around $25 an oz atm, imagine if that went to $600.
$600 for silver? That sounds great for the folks holding $25 silver right now, but once you purchase a brick of silver, how would you break that into smaller units so you can trade with it?
I wouldn’t buy anything over 1 kg. I’d keep that size for larger purchases, like a car or block land etc. Silver is heavy (dense) and there are many ideas on say Pinterest to store it or on the silver forums. I’d be buying 1oz or 2 oz amounts. And I’ve seen forums where people ask this same question and many believe there may be gold/silver banks where you can break it down. And precious metals is currency already. This is the current DEBT CLOCK. https://usdebtclock.org/gold-precious-metals.html This is what PMs etc should be but it’s being manipulated. Once the petrodollar is defunct, this chart will become a reality. Scroll down. It’s under the cube of numbers in a strip. It’s silver and it’s heading is US$ to silver ratio. That is what it should be today. Around $674.00 per ounce.
❗️Just watching Road to Roota - covers a few issues.
You seem to be pretty well informed about the silver market. One question...Where would I go to purchase some silver, whether small ounce bars or silver dollars or something made of silver which could be used as "money" if the world ever goes tits up? I know I could go to a pawn shop and find something, but I really don't want to pay their mark ups. Thanks.
Thanks for asking me - love helping a fren. I’ve been asked this before and as I’m not in the USA, I’m in Australia, I asked if anyone could help with that question and many frens came forward. I do own SCOTTSDALE which is a favourite coin - bars too. They’re in Arizona and this I know. Look online under gold/silver bullion and coin dealers. Start in your city or town. I would avoid eBay as there are some really good fakes out there - even with obscure dealers so that is why I will always say reputable and pawn shops.
You need to seek a REPUTABLE dealer and frens here should help with that. If you look at the silver price, which is around $21.00 spot atm. You will pay over spot as the dealer has to earn a living too so maybe $25-26 an ounce, maybe up to $30? If you have a few reputable dealers nearby you can always shop around. Please try and drive to this dealer (❗️Check before you travel they have stock and you can leave with it in your hands) Always remember. If you don’t HOLD it, you don’t OWN it. Many on here are confident in putting in an online order and if you have been been doing this and are happy with the service and as your stack grows, you too will become confident. The idea is to stack volumes not rarity.
I tell this to everyone. Please do not tell anyone that you are buying silver/gold. This is a needs to know scenario only. My husband and I have been on this journey quite awhile and we have shared it with our Daughter and if anything happened to us, she knows where we store it. If you have a brother/sister that you trust implicitly, join up and share your journey together. As for teens, at this stage I would say no, unless they have been trusted with your wills etc. Kids talk. We love them, but the last thing you need is visitors in the dead of night asking to hand it over. This probably won’t happen atm, but a time is coming as people get more desperate for funds and people will remember in desperate times.
❗️I’m going to open a new post regarding those on here that can recommend a good dealer that they have used in their state. Hopefully we can get a good response. Jump in and ask if your state/area is not listed. Good luck - it’s an exciting journey.
Thanks for your insite! I'm not worried about someone appearing at my doorstep in the middle of the night to ask for my stash of silver. I'm more worried about them demanding my stash of food. Eating will become more important than holding physical gold or silver in the near future. Please keep on hand a supply of edibles which will carry you and your family through a few months if the supply chain ever fails. Having gold or silver to barter with is good planning, but stocking up on food (for me and my family) is more important. Go Wallabies!!
I have no idea what or how crypto works, but at some stage those cryptos have to be converted to $. Like a bank run, everyone will be wanting to get their crypto out of where they are holding it and convert that into $. If all those holding crypto did it at the same time, that would cause a bank run. I’m sure others on here can explain how you convert crypto to cash at hand.
Those words do not spread well around here. There are many here who will defend crypto till their dying breath.
I understand. But we need to get the message out. Many here watch what is happening in the financial world and report back. The US $ is crashing. We are watching the end of the petrodollar as many, many countries rush to join BRICS which will have their currency backed by gold. The best protection is precious metals and while I could say gold, if you can just concentrate on 999 silver, whether coins or bullion, it will help. No one knows how high silver will go, but for around $25 an oz atm, imagine if that went to $600.
https://youtu.be/eYChkOFdAYE
$600 for silver? That sounds great for the folks holding $25 silver right now, but once you purchase a brick of silver, how would you break that into smaller units so you can trade with it?
I wouldn’t buy anything over 1 kg. I’d keep that size for larger purchases, like a car or block land etc. Silver is heavy (dense) and there are many ideas on say Pinterest to store it or on the silver forums. I’d be buying 1oz or 2 oz amounts. And I’ve seen forums where people ask this same question and many believe there may be gold/silver banks where you can break it down. And precious metals is currency already. This is the current DEBT CLOCK. https://usdebtclock.org/gold-precious-metals.html This is what PMs etc should be but it’s being manipulated. Once the petrodollar is defunct, this chart will become a reality. Scroll down. It’s under the cube of numbers in a strip. It’s silver and it’s heading is US$ to silver ratio. That is what it should be today. Around $674.00 per ounce.
❗️Just watching Road to Roota - covers a few issues.
https://youtu.be/DFkhd6YWxJE
You seem to be pretty well informed about the silver market. One question...Where would I go to purchase some silver, whether small ounce bars or silver dollars or something made of silver which could be used as "money" if the world ever goes tits up? I know I could go to a pawn shop and find something, but I really don't want to pay their mark ups. Thanks.
Thanks for asking me - love helping a fren. I’ve been asked this before and as I’m not in the USA, I’m in Australia, I asked if anyone could help with that question and many frens came forward. I do own SCOTTSDALE which is a favourite coin - bars too. They’re in Arizona and this I know. Look online under gold/silver bullion and coin dealers. Start in your city or town. I would avoid eBay as there are some really good fakes out there - even with obscure dealers so that is why I will always say reputable and pawn shops.
You need to seek a REPUTABLE dealer and frens here should help with that. If you look at the silver price, which is around $21.00 spot atm. You will pay over spot as the dealer has to earn a living too so maybe $25-26 an ounce, maybe up to $30? If you have a few reputable dealers nearby you can always shop around. Please try and drive to this dealer (❗️Check before you travel they have stock and you can leave with it in your hands) Always remember. If you don’t HOLD it, you don’t OWN it. Many on here are confident in putting in an online order and if you have been been doing this and are happy with the service and as your stack grows, you too will become confident. The idea is to stack volumes not rarity.
I tell this to everyone. Please do not tell anyone that you are buying silver/gold. This is a needs to know scenario only. My husband and I have been on this journey quite awhile and we have shared it with our Daughter and if anything happened to us, she knows where we store it. If you have a brother/sister that you trust implicitly, join up and share your journey together. As for teens, at this stage I would say no, unless they have been trusted with your wills etc. Kids talk. We love them, but the last thing you need is visitors in the dead of night asking to hand it over. This probably won’t happen atm, but a time is coming as people get more desperate for funds and people will remember in desperate times.
❗️I’m going to open a new post regarding those on here that can recommend a good dealer that they have used in their state. Hopefully we can get a good response. Jump in and ask if your state/area is not listed. Good luck - it’s an exciting journey.
Thanks for your insite! I'm not worried about someone appearing at my doorstep in the middle of the night to ask for my stash of silver. I'm more worried about them demanding my stash of food. Eating will become more important than holding physical gold or silver in the near future. Please keep on hand a supply of edibles which will carry you and your family through a few months if the supply chain ever fails. Having gold or silver to barter with is good planning, but stocking up on food (for me and my family) is more important. Go Wallabies!!
😀 🦘 So important to have food set aside. Things are becoming critical now. Stay safe friend.
Is he talking about getting your money out of crypto or the banks? Im too lazy to watch his entire vid.
I have no idea what or how crypto works, but at some stage those cryptos have to be converted to $. Like a bank run, everyone will be wanting to get their crypto out of where they are holding it and convert that into $. If all those holding crypto did it at the same time, that would cause a bank run. I’m sure others on here can explain how you convert crypto to cash at hand.