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Silver ETFs, Silver Deposits, Silver Calls, all of them retarded.
Silver isn't really an investment, it is an insurance policy.
If shit hits the fan, and all of your paper investments turn out to be just paper, you want physical precious metals with you. Not in your banks safe deposit. With you.
It is a store of wealth, and wealth is a store of labor.
Wealth and value are not the same thing; wealth is an abundance of money and silver is not money (although at one time it was).
Labor is not the promise that underlies money in this economy.
If all currencies tanked, silver would be valuable on account of its relative scarcity and commercial/industrial usefulness. Whether it becomes money is another issue. Since all currencies won't tank, you'd better hope you have a means to facilitate your exchange of silver for money, or that your silver is in coins or sheets.
store of labor.
That's what (((they))) want you to believe... that's right, the one percenters "worked" for those billions.
Batteries are a store of electricity. You can use them to power things that require electricity. Having many batteries does not mean you generated the electricity, nor does it even imply that you acquired the batteries using fair means.
Wealth is a store of labor. You can use it to compel others to do labor for you, or to give you things that required labor to acquire. Having a lot of wealth does not mean you did the labor required to earn it, nor does it even imply you acquired that wealth using fair means.
firstbox never said it was the one percenters' labor that was being stored
Just because some people commit massively illegal fraud to gain wealth does not foundationally disprove the concept of trading tokens as a representation of value or labor.
It's not so much that it's not an investment; it's that, if you buy actual, physical silver, it's both an investment and an insurance policy, simultaneously.
Don't be lazy. Go find a good coin dealer. There ought to be at least one in a nearby city.
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