We bull now. Gold will hit 15k over the next couple years and silver will be in the hundreds an ounce range.
Gold broke $1500, Silver broke $17
Samuel Davis
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Hudson Diaz
Should I buy some bullion with BTC? I came close last night to buying 6kg of silver
Zachary Wright
you stupid nigger
Isaiah Long
no, silver has a low stock to flow ratio. That it ever became the #2 bullion to gold is a joke.
Levi Gray
you think silver is going to outperform bitcoin? wow.
Angel Miller
The only reason I'd do this is to cash out under the table.
Camden Jenkins
Yes but don't dump into just kilogram bars. buy weighted bars but also buy some coins, they sell back at a premium, especially liberty eagles.
>no, silver has a low stock to flow ration
turn your brain on before posting retard.
Ethan Parker
bitcoin = beanie baby hype
there are many alt coins which do the function of disintermediated transfer. bitcoin™ has no other function than simple branding... like pokemon, or beanie babies
Matthew Roberts
Kys
I’m a btc maxi but it’s nice to have physical value and to be able to resell under the table like I was going to spend 10% of my btc holdings on silver
Thought about this but the spread on coins is retarded, 1kg of ASE is $626 whereas 1kg bar is $570. I was under the impression it was hard to resell silver above spot
Landon Cooper
AHAHAHAHAHAHAHAHAHAHAHAHA
Angel Wright
I've bought a few kilos of silver and at least 6oz of gold. Majority is still in BTC though.
Ian Carter
Everyone knows that, but that doesn't mean BTC won't outperform Gold and Silver. Ride BTC train to $100k then switch to metals.
Levi Nguyen
Yes this is my plan. I was only going to sell .25-.5 BTC. What site do you use if you’re American? Also I think it’s hilarious that 1btc is worth about 20,000 grams of silver.
Josiah Ward
>I was under the impression it was hard to resell silver above spot
you're going to take a small hit when reselling anywhere unless you're selling to a private seller and if you're selling a large amount.
Silver coins can be sold back at a premium while silver bars not so much (unless they're vintage)
Nathaniel Jackson
I'm willing to take that hit if it means the IRS can't see it.
Adam Brown
how can you be so sure ? obviously BTC is going to perform well as the dollar deflates and we head into this recession, but it's still too volatile to have that much trust.
By all means, hold BTC. but you should think critically about just how much you want to be holding when SHTF. BTC has not been truly put to the test yet.
Aaron James
Will keep this in mind. Thank you.
Juan Foster
What I said is factually true. It's S/F is 1/3 of gold's yet dumb fucks like you expect it to go up just as much as gold.
Easton Evans
If anyones looking into gold. They may also look into GDX the gold miner etf.
It's a more leveraged position
Robert Torres
we don't expect it to go up as much as gold, we expect it to outperform gold. The gold to silver ratio is currently out of whack and once it corrects itself (like it's done in the past) we'll see the price of silver go up to where it will be 15:1 to gold.
Jordan Miller
I shouldnt laugh at retarded people but I cant help myself.
Mason Phillips
I think for an American goldsilver.com
William Hernandez
please explain stock to flow ratio and what it implies
Nathaniel Brown
No question.
Levi Howard
hahahaha. only white trash retards still buy precious metals. enjoy your chinese electroplated tungsten while it gets dumped with unlimited ammo in the futures market you fox news watching sister fucking white trash retard
Cooper Torres
Sounds like someone is mad they didn't buy months ago like we warned
Easton Ross
This will happen but it won't be as great as you think it is. The price will go up to $15k not because it's so much more valuable, but simply because USD becomes Zimbabwe tier inflated.
Luke Gray
some of those stupid old boomers who've been around to see this happen and make money off silver are doing pretty well. nobody is asking you to take our word or their word for it, just do the research for yourself.
Christian Green
huh. never knew biz was retarded..
electroplated tungsten? is that why chemtubers melt this stuff and repurpose?
damnnnnn biz retarded wtf
Nathan Evans
Predicted that gold would moon this summer, nice to see silver doing good as well, boomers are hurting as stocks drop like a rock today
Liam Stewart
>BTC is going to perform well as the dollar deflates
Aiden Morris
I thought boomers are the one owning and holding the shiny rocks?
Jow Forums is srly mental.
Christian Ramirez
Dang did the bull run start unironically, we're going to make it Bros.
Colton Reyes
If you're looking to speculate and make a fair amount of capital gains while having something of a hedge against fiat currencies, then silver is what you want to buy. It's still quite cheap relative to gold but the price has gone up quite a bit on a percentage basis over the past week or two. But if you're looking to hedge a large cash position and could do with less volatility, you should buy gold although, again, the price has jumped quite a bit over the weeks.
I don't know if this is the best time to buy gold and silver as the rapid increase could mean that we get some sort of pullback or the central banks coordinate efforts, calm markets, and reduce the panic into precious metals and government bonds.
In many languages, silver is a synonym for money. L'argent in French, for example. The British pound, sometimes called sterling, was originally based on one troy pound of sterling silver.
Nolan Sanders
>USD becomes Zimbabwe tier inflated
And guess what the rest of the world is gonna switch to when this happens
We testing the highs again.
Wyatt Taylor
user is referring to the amount of all the silver that is mined divided by the silver that comes out of the ground every year.
This is the case for why gold will always be the standard for a store of wealth.
However user forgets that the majority of stock in Silver is being hoarded by The Peoples Bank of China. Which is why Silver rallied 2% at the open of the Hong Kong Exchange.
Mason Hill
LMAO