Silver is very expensive to buy because its not worth anything and its ultra heavy, hence shipping costs. Silver really is useless, get into gold.
Who gave you a downvote for your comment? What a load of shit!
Anyways you are not wrong, Gold is king but my Dad isn't a rich man so silver it has to be.
You dont have to buy a kilo at a time in gold, you have small coins worth a couple hundred. Aim small. In the end youll alwaysblose too much with silver. There is something they dont show in the US but they do in some european countries. Its called bounty in mine, its basically the overvalye compared to the metal price of any coin or bar. For example, the 5$ liberty coins are less rare than the 5$ indian head so the indian head is more expensive for the same amount of metal. Bounty on silver is HUGE because its heavy without having much value, hence my comment about shipping costs and all. Look for gold with the lowest amount of bounty on it to get weight for your money.
Usually trading fees are about 5%, no idea how much in the us but probably loweelr than that. To make your investment woethwhile you need a general increase of 5% of what you bought to start making money. Gold will always, always increase overtime. It will fluctuate, but will always increase, especiallly in hars times.
Found the jew.
Silver is more widely used in manufacturing than gold. It is an excellent conductor.
Silver has natural antibiotic properties. It works wonders as an antiseptic on wounds and can be made easily into colloidal silver with distilled water and a battery.
Silver was dropped into water and milk jugs by pioneers to prevent spoilage due to its antibiotic traits.
Being born with a silver spoon in your mouth stemmed from the low death rates of children from families who could afford silverware. Again, antibiotic.
Silver is insanely useful, and it is wildly undervalued.
Im not debating this as its all very good points however hoarding bars of silver is still a retarded idea. Go and try to store 10k$ worth of silver and get back to me.
Done. It really isn't bad to store 500 Oz of silver.
So I did the math (1kg silver bar is 4.35 in long, 1.89 in wide. .98 in deep) and to store 10 kg of silver (slightly less than $10,000) you would need a space 12.99 in long, 3.78 in wide and 1.96 in deep. That would also leave space to put 2 more kg in there, btw.
Really not all that much space at all when you come to think about it.
Silver is very expensive to buy because it's not worth anything
And how does that relate to the guy wanting to hoard wealth by buying silver bars?
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