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RE: Dollars Will Not Be Enough To Purchase Silver! True Value of Silver beyond Inflation Hedge

in #silver7 years ago

Silver is starting to become a focal point now that Gold and the cryptos are starting to hit new highs @sirknight. Are you a buyer of physical? Was chatting with @silverdragon and he definitely has been purchasing physical, avoiding paper - good piece of his here "https://steemit.com/money/@silverdragon/is-steem-the-silver-of-crypto" incl the comments

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Most definitely accumulating @mystidark - my alter-ego is in a position to advise others to do the same - and they are - thousands of ounces per purchase. US$17 dollar silver is ridiculous. Gold will go much higher in the near future too. Believe the cryptos will rise but not certain of which ones. I believe the future of money will be a blockchain / crypto currency backed by G & S. Unless the globalist win of course. I also follow @silverdragon -
us stackers tend to find each other pretty quickly - we can smell it. Cheers. SK.

Hah hoping to join that club soon and yeah I'm starting to see that the potential of a blockchain/crypto currency coming to light is very real. Atleast if the growth remains like it currently has

What's the problem? A one ounce coin is US$17. Buy 1, then buy another.

Yeah fair point - where do you typically buy your silver from? And do you recommend storing it in vault?

Indeed hard to map how it will unfold and when.

Silver is so undervalued it's almost stupid! With cryptos soaring to the stratosphere, silver is looking like a fantastic opportunity again. Unfortunately in Canada, silver maples aren't as cheap as in the US. :(
https://torontogoldbullion.com/1-oz-silver-canadian-maple-leaf-flex-sealed-coin-2017.html

I don't have any silver maples (mainly holding the standard Perth Mint Australian Kangaroo bullion coins) but I have picked up a few of the gold maples - they are a beautiful coin and I picked them up at about 1% above spot here in Australia.