When the currency crisis hits you will wish you had it.
For most of human history a days wage equaled a silver piece the size of silver dime...even in America.
14 silver dimes equals 1 ounce of silver. So 1 ounce of silver bought for 15$ right now is historically 2 weeks worth of days wages. But it's actually going to be more like 1 silver dime equals 3-5 days work after the dollar fails. Because there are billions more people on the planet and much less silver available.
In Venezuela where their currency collapses 1 silver ounce buys you 3-4 months of food on the black market. Which makes sense since if you worked for 2 weeks in America and bought all food with that 2 weeks paycheck you could get about 3-4 months worth of it. And this shows how bad Jews are stealing our wealth through inflation since the dollar cost of 1 ounce of silver is 15$ and 15$ barely buys you lunch at jimmy johns today.
Today the avg American makes like $150 a day.... which is EQUAL to 10 ounces of silver. Which just flies in the face of all economic reality and when the dollar collapses it will swing violently the other direction.
So as little as 7-8k worth of silver today or about 500 ounces would be like 40-50 years of days wages historically. 500 ounces multipled by 14 (dimes equal to that ounce) = 7,000 days worked historically but it's more like 21,000 days worked or 40-50 years worth of days wages since we have billions more people on the planet and much less silver available.
So even having a measly 100 ounces of silver will be a shit ton.
Also... remember... the DOLLAR value of silver is irrelevant.
Nobody buys gold and silver for it to go up in dollar price like a stock. You buy gold and silver for when the currency fails and you make out like a bandit for the new currency after the deflationary collapse of all asset prices.
Luis Brown
Fuck off faggot buy LINK
Isaac Morgan
You're spammng these threads all over pol, and now in biz. Lmao pathetic
Xavier Lewis
I have Link
Ryan Nelson
Wtf you talking about? I posted it once on pol now I'm helping my biz frens.
Hunter Peterson
fren, even tho you may be trying to help, PMs are shilled here constantly with doomsday language and it's quite annoying.
Angel Harris
Jow Forums are crypto retards only...
investment talk of any other type than crypto is a guaranteed slide thread.
Jow Forums are 19 year olds with no real money to invest only crypto dreams
James Martinez
why isnt this a LINK thread RRREEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
Kayden Lee
if i make it with crypto I'm going to park at least 20% of my wealth in silver, to spite them if nothing else
working on some weight right now...not sure if I have even close to 100 Ounces tho since I hide it the moment I get it in the mail.
Eli Sanders
I've got just under 400 OZT of silver, and maybe 2.5 OZT gold. I'm gonna make it.
Jeremiah Richardson
I didn't think it was possible but metal bugs are actually sadder than crypto fags
Jack Gutierrez
Why silver instead of gold? What are other options? What about platinum and other metals?
Jeremiah Allen
2018 still hoarding lumps of dirt. goldbugs are brainlets
Sebastian Moore
Copper boi
Hunter Adams
That you, funtime?
Nathaniel Russell
We’ve had currency for a long time and precious metals still made a comeback everytime.
1800s, First World War, Second World War, gulf war, China, Venezuelan crisis, those are just some examples where currency turned into literal paper to wipe ur ass with and precious metals became the real money.
I think precious metals will forever be a safe, it doesn’t require infrastructure to be used unlike crypto and it’s considered precious by basically all cultures and the vast majority of humans. I might buy some just in case, but really I don’t see this doomsday’s scenario playing out but you can always sell ur silver and gold bars at a profit in 20-30 years, a few grand now in gold might buy you a house in 20 years, just look at the prices historically not in relation to the dollar but property, food etc.
Henry Wood
Kill yourself you stupid tinfoil hat
Nolan Price
>Historically Ok it might not be too bad, keep reading >how bad Jews dropped
Jayden Ortiz
Gold is more than fine too obv.... but the historical Silver to gold ratio is 16 to 1
Because that's how it comes out of the earths crust. And right now they ratik is 80 ounces of silver equals 1 ounce of gold.
So while you for sure want to have some gold too. Because it's the standard... you want more silver than gold then you wait for that ratio to narrow to 40 or 30 to 1 then you go to a coin shop and exchange your silver for gold and get a bunch of free gold
Jose Edwards
You have just been brainwashed by (((public schools))) to not understand what real money is...
And you don't know how to intelligently argue against my factual points I make because you've been conditioned not to think.
So like a typical lefty you call names.
Adam Baker
Doesn't need to be a doomsday scenario. Simple revaluation of gold one day to a much higher dollar price to purge the debt from the system.
Prices keep going up. That's the issue. Sure wages are increasing some now but the issue is prices are rising not that wages aren't keeping up with that price rise.
Silvers price began to tank when it's largest purchaser kodak filed for bankruptcy in 2012. It was used in traditional photography. Now it is still sought after in electronics for its conductivity and resistance to corrosion but copper is almost as good(especially in copper/nickel alloys)and its mined at 700x more than silver. What specifically makes you believe it will increase in value.
Jace Martinez
colloidal silver and medical equipment
Ryan Thompson
Do you think you'll get any traction on Jow Forums, Chris?
Cooper Morales
because the happening you freaking idot
Asher Campbell
Silver is real money and real savings.
Crypto doesn't solve the Deb problem
Leo Butler
>things that happened in the past will happen again in the future
Ryder Miller
It is both real money and real savings Equally good Both not meant as investment obviously but as currency