For all those stackers out there keep stacking! silver right now for the last few days silver has been riding in the $16's and buying bullion with the fees and spread getting it in the $17s and $18's. I like buying now than buying when it's at $500.00 , I will be selling lol.
So the reason I buy is because the FED and central banks have been ruining our money system and printing with fractional reserve lending to the moon, and a good way to protect yourself from being murdered financially is getting into hard assets that can beat the market. for example...
Buying Gold and Silver will out pace inflation and there prices will soak up all the inflation and then they boom in price.
have cash flow real estate is a very good asset in any kind of market, good bad or flat. get cash in bad or flat economic times is true power that can set you free and build your wealth category up.
Where do I buy from? I only buy from the big dealers and never from eBay or websites like that. It's best to buy from a safe a trusted dealer than buy from a dangerous or unreliable dealer to save a few dollars. here are a few places I do buy from below.
https://www.providentmetals.com/
Here is a weekly chart and not to go much into details but this is a weekly chart and you can see that silver is stuck in a small rut of the low $16's. I can see it heading to the $18's. but if it goes lower back to the $13's I will be doing huge amount of buying. no other invested will get as much attention than silver lol, if it goes down that price range.
Here is a 100 year chart of silver and it does the same thing, stays very low, gets ramped up and creates a bowl the ramps up and goes flattish then creates a bowl then ramps up. I think we are in a time where we are going to get ramped up and go much higher but thats's what I think and where I put my money at, I am not telling you to do anything.
Thank you for reading and have a wonderful day!
I like the silver chart, it looks like it goes back to the start of the Federal Reserve. It really puts the day to day chart watching in a different prospective. A move back above $20 would be a start as it seems to have tested that level 3 times.
yes, i can't wait for the move in price to start getting higher but I am happy its taking so long because i get to prepare more and get more silver and gold for the crash.
which do you prefer gold or silver?
I am about equal with my Ag/Au purchase ratio, but I have been leaning silver whenever I have the chance because of the 80:1 ratio. Everyone listening, do not forget about Platinum, the Gold/ Platinum ration has never been this low, and at about $888, a steal as it usual commands a 250 premium to gold.
yes with all this inflation and dollar printing, it will collapse the system in time but getting silver or gold will get you the win
yes hedging with gold and silver is also my plan!
wow silver used to be that cheap
Yes its amazing, i wish I bought then and sold at one of those highs