SLV stock
Meh you're better off holding physical.
How much of my savings?
... all of it, man.
sell rentals and stocks
Why does it sound so crazy? Do you remember 2008?
just sits there and generates no wealth
Seriously, who the fuck is telling you this shit?
Look, society won't collapse. It will freak them the fuck out for maybe a few weeks, but that will be for various reasons and I'm not sure how important they'll think what's being fixed in the economic sector is really all that big of a deal. However, you have to understand that no matter what people are going to be pulling gigantic portions of wealth out of all kinds of sectors, especially ones that resemble a globalist influence. Amazon is done for, for instance. All of its subsidiaries are out too.
I'd move a lot of it to Bitcoin and things like it, if I were you. There's some altcoins you could learn about that generate passive income. It seems you would be very interested in this sector. I could help you, if you'd like.
The advantage of the SLV is if you do sell it you don't have to find a buyer and the 'dealer's cut' is built into the stock price. But generally I agree physical is better, still I like to have a mix. For physical I have numismatics and bullion.
JPM was trading ~$40 in early 2008, it dropped down to a low of ~25, today it is trading for $115. It pays about a 3% dividend
MCD was in the 50s in early 2008s (it did not suffer in the crash), today it is over $200. It pays about 2.5% dividend.
Silver Spot was $15 in early 2008, today it is 17.50. Silver peaked 2011 in the $40 range. So depending when you bought, you could have lost your ass. Silver pays no dividend.
PMs are considered dead money because they don't earn interest or dividends. I didn't make that term up, it is common verbiage in the investment community.
Where I'm going with this, is even if you owned stocked prior to 2008 and held them until today, you'd be much better off than if you sold them all and bought silver. I'm talking investing, not trading, if you're day trading etc, there is always ways to beat the market if you're good at it / lucky.
Silver will correct once price fixing schemes are revealed. The value will increase exponentially afterward. Silver has routinely been suppressed for quite some time now.
This has nothing to do with trading.
I can't believe people like you know as much as you do but don't understand these basics of PMs.
You realize people have been saying that for decades and it still hasn't happened, all the while the market continues to chug along. Maybe it does happen tomorrow or maybe it never happens in our lifetime.
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