/biz/ - Business & Finance

>>2681747
Silver, or precious metals in general, is not the market for speculation or short term investment of any sort. If you want to hedge against the uncertainty of the dollar and the financial markets (which if you're a human being, it's in your best interests) then precious metals are for you. There's simply no other investment vehicle with a longer or more proven track record for maintaining purchasing power. You can easily lose value long-term in real estate, securities, futures, options, fiat, and cryptocurrencies, but there is nothing to indicate that precious metals won't continue to preserve (and grow) purchasing power as they have for centuries.

You should think of it like insurance as opposed to an investment, although it's certainly both. To paraphrase a common sentiment in the precious metals community, you're doing it wrong if you're ever worrying about the dollar value of your gold or silver.