I have a little junk silver, just for SHTF, if fiat goes to hell, and can't get any barter/work.
I think silver is way undervalued, like gold, the market is heavily stomped on. I don't know when that manipulation will end, so it's utterly guesswork to say 'it's gonna moon on such and such a date'.
It's a handheld store of wealth that everyone will value no matter what the economy does. Gold too, except I can't afford gold LOL.
So, it's a hedge, and a SHTF backup.
I reckon if crypto continues to be free of regulation and control by banksters, it's gonna follow BTC to the moon, so I'm only holding enough coin to feed myself for a week or so.
Ideally, I'd hold more. But NOT in 10 oz. bars, but in 1 oz. increments. If you have a couple hundred oz. then larger bars makes sense.
Anyway, I don't think silver is gonna plummet in value. I just don't see it mooning like cryptos are in the process of. As a hedge it makes good sense, for SHTF.
Do what makes you happy, and be happy you did it, no matter what the markets do.
And, you'll be happy =)
haha i couldnt agree with you more.
im not expecting it to go to the moon but as a store of value no matter if its shtf or not it should be worth around the same (im hoping). lol
Plus i just wanna hold a silver bar for the first time.
xD
Back in the day I used Ebay to buy gold coins, which I could, by careful bidding, get delivered to my door for less than the spot price of paper gold. It is difficult to relate the excitement of holding something in your hand that has represented riches since prehistory.
I also used to buy semi-precious gems, and would give my kids little pouches of topaz, tormaline, etc., now and then. It was something I was surprised how much they liked.
It is actually kind of addicting. You may need a 1 step program to recover after the need becomes irresistible. The only necessary step is: stop! - but only if you are actually having a problem.
I wanna see a pic of you with your treasure!
i cant wait to touch it. lol
Gems i could see as a cool gift, anything has to be better then a mc donalds gift card.
lol
Believe me when i get it there will be picts.
:D ima be showing it off like crazy for a day or 2.
then it gets burried in the backyard with the guns, bullets, and the non parishable foods.
lol