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315

When will it be to late? I really think saving shit for later is stupid but maybe not. Prices go up so buy it now? I have no dept but also dont have much to speak of. Spend it now or just act like nothing is going to happen? At some point cash will be worthless, money in the bank etc worse.

When will it be to late? I really think saving shit for later is stupid but maybe not. Prices go up so buy it now? I have no dept but also dont have much to speak of. Spend it now or just act like nothing is going to happen? At some point cash will be worthless, money in the bank etc worse.

(post is archived)

[–] 1 pt (edited )

You need to pay attention to the gold / silver ratios. Buy silver when it's above 90/1 and buy gold when it's below 70/1. Three years ago, Gold was the buy, not silver. Silver had just come back from a ~5000 year low as compared to gold when it was at 115/1 during the summer of the covid lockdowns. That was a VERY VERY good year for people who were paying attention. :D

It's long been known that JPMorgan and comex have issued 7x more paper silver than there is silver above ground. They manipulate the shit out of that market constantly. That's one of the reasons comex now reserves the right to refuse you delivery of 1000 ounce contracts and settle in cash.

In the end, you also need to understand that typically silver and gold are not INVESTMENTS. They are a STORE OF WEALTH. You don't earn interest. For example, back in the roman era an ounce of gold would buy you a fancy suit. In today's world, an ounce of gold will still buy you a fancy suit.