I just did. I can't see silver crashing like bitcoin, not much below current levels anyway. So has to be less risky. Only thing is price seems generally a lot higher than you can sell it for, at least to dealers. So private sales needed but they would still have some sort of commission. So some immediate loss.

Silver cannot fall too much because it is used by some industries. So if the economy goes down, it is more secure than cash, and if the economy goes up, the industrial demand goes up. But I still buy gold instead, because in Germany, physical silver is sold with consumer tax while gold coins are tax free.

Stop using this site to shill your shitty investment strategies. Fucking Redditor.

Having a gold backed currency isn't immune to inflation. After the spanish conquered the new world. They found so much gold. They brought it all back home. And the gold in Spain doubled.

You're missing a Bitcoin flaw:

The major flaw with Bitcoin is that most of the miners are in China. If the government of China suddenly decides that they want to change the way the block chain is calculated, the Bitcoin community votes to change it by the majority of the miners forking and adopting the new code. This is how the Bitcoin community votes on codebase changes. They could do this at any point hypothetically. The government silently threatening miners or eventhrowing them in jail publicly.

Everyone should be cost averaging physical silver and gold. Buy a little bit with every paycheck. It's a diversification play. Pay attention to the gold / silver ratio in order to understand what's cheap at the time.

Stick to recognized coins for gold (makes them easier to sell to normal people, when it is time to do so) , and generic rounds / bars for silver due to the relatively high premium as a % of value to the base metal.

It's too late to buy now, the demand is already causing the price to rise. Also, I can't even place an order unless I pay with crypto until Sunday evening. I'm just going to hold on to the coins I bought 4-5 years ago and wait for these pricing shenanigans to go away.

The most disadvantageous element of silver, in my limited opinion, is related to securely storing it. It's big and bulky for it's relative value, and it's physical presence means it can be physically stolen from you.

Still, I believe long terms it's a better method of storage of wealth than digital blips on a computer screen.

notice how shills have been pushing silver on multiple platforms right at the same time. as soon as the gamestop stock started happening I saw silver shills pop up on reddit, discord, 4chan, 8kun, and poal. very interesting. people always forget jews have created for themselves a monopoly on gold and silver a long time ago