Win / GreatAwakening
GreatAwakening
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Reason: None provided.

Agree with this sentiment - my only addition would be to only buy what you can safely afford, after accounting for emergency fiat expenditures and some survival necessities. Don't get into a situation where you have to sell some of your stack off for fiat again (easier said than done, I know) :(

Gold and silver are God's money and the only form of honest money we have, which is why civilization has valued them for the last 5000 years. ~1/10 of an ounce of silver was a day's wage for a Roman soldier and he could easily support a family and housing off of that. The G/S ratio has been historically around 15/1 silver ounces to gold ounces, so there is strategy in stacking both. The amount of "value" a person can store in a few gold coins tucked away in a baggy (easily hidden and transported) versus having a pile of silver sitting in a safe (which can be broken into or stolen) shouldn't be overlooked.

But, silver right now is currently the better buy versus gold so the amount of value you trade for converting your fiat is far greater buying silver. G/S ratio seesawing between 80-90/1 the last few years.

We have to return to a bimetallic system of money (not "metal-backed" currency and certainly not fiat "by decree") in order to restore power to the people.

1 year ago
1 score
Reason: Original

Agree with this sentiment - my only addition would be to only buy what you can safely afford, after accounting for emergency fiat expenditures and some survival necessities. Don't get into a situation where you have to sell some of your stack off for fiat again (easier said than done, I know) :(

Gold and silver are God's money and the only form of honest money we have, which is why civilization has valued them for the last 5000 years. ~1/10 of an ounce of silver was a day's wage for a Roman soldier and he could easily support a family and housing off of that. The G/S ratio has been historically around 15/1 silver ounces to gold ounces, so there is strategy in stacking both. The amount of "value" a person can store in a few gold coins tucked away in a baggy (and easily hidden) versus having a pile of silver sitting in a safe (which can be broken into or stolen) shouldn't be overlooked.

But, silver right now is currently the better buy versus gold so the amount of value you trade for converting your fiat is far greater buying silver. G/S ratio seesawing between 80-90/1 the last few years.

We have to return to a bimetallic system of money (not "metal-backed" currency and certainly not fiat "by decree") in order to restore power to the people.

1 year ago
1 score