Generally speaking, most people believe the baseline "real value" of silver should currently be about $5K an ounce based on supply/demand and annual mining numbers.
Personally, I think we'll temporarily see numbers much higher than that because this is probably gonna be the ACTUAL MOASS squeeze. People will talk about gamestop and other stock being the MOASS, but silver is the single most shorted asset on the planet to the tune of QUADRILLIONS, not billions, not trillions, but over a QUADRILLION, dollars.
The silver short squeeze is probably gonna be the final nail in the coffin for the central bank system, and if people play it right, they can come out VERY wealthy on the other side.
Yeah I'm not about to give official advice in any capacity. Not my place, but don't do anything stupid. You can't go wrong buying silver in these current times (at current prices anyway), it's all but guaranteed to go up when the crap hits the fan. But don't buy so much that it puts you in a financial struggle in the medium term.
That fat stack won't do you much good if it forces you into poverty before you can cash it out at the high prices everyone knows it's gonna see.
ONLY BUY AS MUCH AS YOU CAN AFFORD WITHOUT HARDSHIP
I like this topic, and there’s a lot of good thoughts and advice here. One thought is that 2k ounces could get you to 1 to 2 million in present day Federal Reserve Notes “USD” dollars. However, what will white hats do for restored real Dollars, replacing Federal Reserve Notes? When Nixon stopped inthe early 1970s the ability of other nations to get gold in exchange for our Federal Reserve Notes “USD” as payments for international trades, the “USD” dollar was no longer based on gold reserves and an ability to exchange and do trade for gold. We were given the “Petro Dollar”. And we had a lot of oil, and still do. So when we have in the near future our moment of Gold shall destroy FED (https://qalerts.app post 2619), then silver will tag along with the revalued gold. Then what do you do with the silver? Keep some, and put the rest to good use. The next White Hat president will utilize energy to do MAGA, so oil drilling, rigs, equipment, and whatever new tech comes our way could be the follow-up investments to roll some of your silver into. If property is way down, and stocks in transportation are way down, then buying them after a stock market crash and revaluation could be another idea. I would like to hear other ideas.
Generally speaking, most people believe the baseline "real value" of silver should currently be about $5K an ounce based on supply/demand and annual mining numbers.
Personally, I think we'll temporarily see numbers much higher than that because this is probably gonna be the ACTUAL MOASS squeeze. People will talk about gamestop and other stock being the MOASS, but silver is the single most shorted asset on the planet to the tune of QUADRILLIONS, not billions, not trillions, but over a QUADRILLION, dollars.
The silver short squeeze is probably gonna be the final nail in the coffin for the central bank system, and if people play it right, they can come out VERY wealthy on the other side.
You think having 2k ounces of silver will make you a multi millionaire? I'm thinking of using my paper savings.
Yeah I'm not about to give official advice in any capacity. Not my place, but don't do anything stupid. You can't go wrong buying silver in these current times (at current prices anyway), it's all but guaranteed to go up when the crap hits the fan. But don't buy so much that it puts you in a financial struggle in the medium term.
That fat stack won't do you much good if it forces you into poverty before you can cash it out at the high prices everyone knows it's gonna see.
ONLY BUY AS MUCH AS YOU CAN AFFORD WITHOUT HARDSHIP
Sound advice. Would 2k ounces make someone a multi millionaire in your opinion? After all the dust settles.
I like this topic, and there’s a lot of good thoughts and advice here. One thought is that 2k ounces could get you to 1 to 2 million in present day Federal Reserve Notes “USD” dollars. However, what will white hats do for restored real Dollars, replacing Federal Reserve Notes? When Nixon stopped inthe early 1970s the ability of other nations to get gold in exchange for our Federal Reserve Notes “USD” as payments for international trades, the “USD” dollar was no longer based on gold reserves and an ability to exchange and do trade for gold. We were given the “Petro Dollar”. And we had a lot of oil, and still do. So when we have in the near future our moment of Gold shall destroy FED (https://qalerts.app post 2619), then silver will tag along with the revalued gold. Then what do you do with the silver? Keep some, and put the rest to good use. The next White Hat president will utilize energy to do MAGA, so oil drilling, rigs, equipment, and whatever new tech comes our way could be the follow-up investments to roll some of your silver into. If property is way down, and stocks in transportation are way down, then buying them after a stock market crash and revaluation could be another idea. I would like to hear other ideas.
Personally, I’m hoping 242oz does. Or 58 shares of DJT. Or 50 shares of GME. Or 80 shares of AMC.