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This video was, for me anyway, somewhat enlightening. Admittedly, it was pretty obvious once I thought about it, but once I realized what I wanted to get out of cashing out, I was finally able to understand that there is a difference. Personally, I don't have a suggestion as to which one is better, but this is more or less a concise explanation which can still be reduced to this simple advice: you don't have to move all of your money out of fiat at once. I can only assume it's rather daunting for most people to be told to drain their savings and invest in things outside of the control of our government (or better, systems that are skewed by our governments). Hopefully this eases your potential anxieties.

Also, this video mentions in the very beginning a hypothetical situation wherein someone is considering purchasing stocks. Let me be extremely clear: I've yet to identify any stocks that are worth investing in. If you think you can prove me wrong extensively (and empirically), I'll gladly be receptive.

https://www.youtube.com/watch?v=WOQb3JD1dGM

This video was, for me anyway, somewhat enlightening. Admittedly, it was pretty obvious once I thought about it, but once I realized what I wanted to get out of cashing out, I was finally able to understand that there is a difference. Personally, I don't have a suggestion as to which one is better, but this is more or less a concise explanation which can still be reduced to this simple advice: you don't have to move all of your money out of fiat at once. I can only assume it's rather daunting for most people to be told to drain their savings and invest in things outside of the control of our government (or better, systems that are *skewed* by our governments). Hopefully this eases your potential anxieties. Also, this video mentions in the very beginning a hypothetical situation wherein someone is considering purchasing stocks. Let me be extremely clear: **I've yet to identify any stocks that are worth investing in.** If you think you can prove me wrong extensively (and empirically), I'll gladly be receptive. https://www.youtube.com/watch?v=WOQb3JD1dGM

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[–] • 1 pt

Friend, I don't think this is really getting through to you.

Things will collapse and everyone and their dog will be freaking out, not sure how to manage their money. During that time, you will need to exchange something for some sort of supplies (as is assumed, anyway. surely you don't have anything and everything you could need). This is why you cash out of fiat now and reenter when everything is extremely cheap. However, when it comes to precious metals, they will only really get more and more expensive from here, exponentially so once everything really starts to dip. This is why I'm suggesting getting in to PMs RIGHT NOW.

In addition to this, Bitcoin will halve next year, so no matter what prices will never be as low as they are now (the general area, not the specific price that it is).

The biggest thing you seem to be missing is the comparison of change between fiat and what it will be after the resurgence versus bitcoin/PMs before and after the resurgence. Your monopoly money will crash like mad and slowly crawl back up for a little while. It will eventually get back to where we are now and then slowly begin to take off from there. But, you want to be as wealthy as possible ASAP and you also don't want to lose your money and not be able to get it back for years and years. This is why you take the rate similar to that of what I've described.

Hopefully this helps you a bit more.

[–] • 0 pt

I do own PMs, mostly silver, SLV stock and physical. How much of my savings should be invested in this? You sound nuts if you're really suggesting I should sell rental properties and all my stocks to buy metal which just sits there and generates no wealth all while thinking society is going to collapse and I'll have to trade it for food. Listen to how nuts that sounds.

[–] • 1 pt

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.

[–] • 0 pt

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.