/biz/ - Business & Finance

>>53041323
I forgot to mention that there is something else that will most likely happen. The US Dollar, as well as other currencies like the UK Pound and the EU Euro, the backup plan is the revaluation of gold. By doing that an ounce of gold won't be around $1,800 but will shoot up over $80,000 dollars if the M2 calculation is correct.

>>52681236
>Is he a shill though? I heard some comments on here that said he's just trying to keep the normies away from silver.
There are spastics on here who think silver is the superior metal to own right now because of the speculative price suppression value. It's nothing more than a gamble because no one knows exactly what is going to happen to it, plus its market history hasn't had the gains gold has had. Gold is the only metal that will get you the most yields because the premiums on coins like sovereigns have tight margins and fluctuations in price are greater meaning if you buy low you will get a quicker turn around in a shorter period of time.

Silver stackers talk about silver mooning, but they don't talk about the revaluation of gold. If gold was revalued today you're looking at an enormous increase to today's price of it.

>https://youtu.be/xopoC90VQAg
>Based on data from Brent Johnson from Santiago Capital, to go back to a 100% backed Gold Standard, Gold would need to be $81,977 in USD.

I don't think anyone has brought forward the M2 fiat value if the G8 hypothetically revalued silver.

That also brings me to another point. Countries around the world stack gold, not silver. Yes, they have warehouses of silver on hand, but that's the same for all the other metals. What makes gold special is that its THEE metal that countries use for trade if need be as we're seeing now with Ghana. That's not to say gold doesn't have its pitfalls. It also makes it the metal governments will confiscate if they're desperate, so if you're really bothered about that just stack silver as it's too much hassle for them over taking gold.