Help! I have Silver Fever. Need advice. I saw this amazing post searching here in the group archives. (detail in comments)
(greatawakening.win)
🗣️ DISCUSSION 💬
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (23)
sorted by:
I am holding my IRA in cash accounts and want to invest in Silver since I do believe we are about to SPIKE above 100 per Oz.
But where to actually invest? Do I stay with my company and go for iShares fund SLV which tracks silver spot price? or maybe a mining fund? or a mix?
Or do I switch and go with a Silver IRA where I have actual METAL in my account, but I pay fees?
or should I cash out to actual dollars, take the tax hit, but then go buy silver bars and store them at home or at a safety deposit box and a bank?
What other funds are worth considering?
What is important to consider?
The only option is actual metal in your hand. Any sort of custodian account means that when the shit hits the fan, they have physical silver, and you have a piece of paper.
👆
https://dirtymansafe.com/ No banks, no funds, no Ira’s Physical silver in your hand. Junior miners are popping right now
If you don’t hold it, you don’t have it.
ETF's like SLV are very suspect to a 'Force majeure'. I see 'paper silver' as a dead end.
Obviously having physical silver is best, but check out PSLV (SPROTT). This ETF is buying actual silver, actual silver that you can have delivered to your home if you meet the requirements.
Do a mix,get some physical and move to a self controlled IRA and buy PSLV and a mix of the big miners. I own PAAS HL and AG.
If you want to go full retard,buy some call options. But don't touch them,if you don't have lots of experience trading them.