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
The more "valuable in dollars" a precious metal becomes only reveals the death knell of an inflated dollar.
True. But silver has been massively suppressed over the years. Nonine knows the true value.
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