Is buying silver a good idea?

[Anonymous No.57426086]

Thinking of spending 20% of my money on silver.

[Anonymous No.57426122]

>>57426086
Precious Metals is a scam to take money from boomers and chuds.
https://youtu.be/9v4cjoROg4I?si=RV_xHAwabNovwuXZ

[Anonymous No.57426206]

>>57426122
be 100% honest, you are not a fed or jew, right?

[Anonymous No.57426335]

>>57426086
Yes its an asset that you don't have to register with the government. No one knows you have it. On the other hand property, land, vehicles, income, etc has your name written all over it. It can be taken from you or destroyed. Cash will soon be digitized so pretty much gold/silver is all that's left that holds some form of freedom and privacy which rises with inflation.

[Anonymous No.57426417]

Stupid just like gold. Better keep it your account and do nothing

[Anonymous No.57426436]

>>57426086
I always end up regretting buying silver instead of Bitcoin.

[Anonymous No.57426445]

>>57426086
for a hedge against inflation? you bet making a profit? not so much

[Anonymous No.57426447]

>>57426086
URANIUM

[Anonymous No.57426466]

>>57426086
No.

[Anonymous No.57426468]

>people still think in terms of fiat
Shills and glowies ITT. Stack it now because it's cheap. Buy it as close to spot as possible.

[Anonymous No.57426481]

[Anonymous No.57426491]

>>57426086
20pct is too much, keep it at a 2 or 3 pct of your folio MAX. i presonally do 1pct silver, 1 pct gold. 1pct platinum.

[Anonymous No.57426499]

If you own 367 Troy ounces of silver, that puts you in the top 1% of silver owners if all silver was distributed equally to 1% of the population. It's easy to hedge yourself against collapse of the financial system.

[Anonymous No.57426503]

>>57426086
you need to put majority your wealth in assets that move. then you sell out of them to buy silver, gold etc.

>>57426491

[Anonymous No.57426512]

>>57426503
>you need to put majority your wealth in assets that move
>pump my bags
No.

[Anonymous No.57426523]

>>57426086
Just buy physical gold and keep it as a stablecoin to hedge against usd

[Anonymous No.57426542]

>>57426512
then you will stay poor. i say this out of experience. I bought a bunch of gold in 2019 and its maybe a little over break even at this point. meanwhile bitcoin went 10x+

[Anonymous No.57426581]

>>57426086
wtf, are u an old man nigger? first, there is no different between gold and silver. second, who the fuck wants to invest in silver. U better start a sudoku or blocklords and do nothing.

>dumbass
>stay poor fagg

[Anonymous No.57426588]

no its a shit idea
t. bagholder of 150oz of silver since Nov 2021

[Anonymous No.57426615]

>>57426122
what kind of faggot drops this youtube shit

[Anonymous No.57426617]

>>57426499
i bought into the lies about the end of the financial system
we're about 30-50 years too early. our great-grandchildren *might* give a fuck (if we have any) or they could just buy in advance of muttmerica collapsing because by then it will be super obvious..
normies are not at the stage where they are ready to give up fiat currency. as long as normies are willing to be debt slaves, the kikes will keep printing. we're nowhere near the end of this.
i'd like to hear/see proof or arguments to the contrary. just don't think there are any yet.

[Anonymous No.57426623]

and i am going to dump my 150oz on the next pump. fuck holding this shit long term. i might hold onto some of the cool-looking ones for the sheer novelty.
sorry to tell you but we're not getting the 14 year olds this cycle (meaning in the next 30 years).

[Anonymous No.57426757]

>>57426623
Dump it for Bitcoin. If fiat collapses people will use Bitcoin for digital payments, impossible to do with silver.

[Anonymous No.57426785]

>>57426757
yeah i'm planning something like that, probably gonna diversify a bit more into stocks
like 60% stocks, 20% btc, 20% cashgang

[Anonymous No.57426833]

>>57426785
Put 5% of that cashgang allocation into RIOT platforms and Marathon digital shares. Thank me when you're rich.

[Anonymous No.57426844]

>>57426617
>as long as normies are willing to be debt slaves, the kikes will keep printing. we're nowhere near the end of this.
exactly true. most people are content being super wagie debt slaves working for printed out of thin air tokens. and at the other side you can use these financial systems to supress really valuable goods indefinately. cause there is unlimited amount of fiat to be printed. as long as everyone thinks in terms of value dollar, euro etc. then gold and silver will be not of real value.

[Anonymous No.57426855]

>>57426844
yeah honestly, i wanted to be proven wrong on this. i'd even invite /pmg/ to prove me wrong but this is all about normie behaviour not changing in a significant enough way to start caring about real money.
i am very much in favour of sound money. i also am just very realistic on normie behaviour.

[Anonymous No.57426885]

>>57426855
I got some precious metals but i keep it at low percentages of my portfolio. this is clown world fren. if you want to accumulate wealth you have to front run the clowns. (sadly)

[Anonymous No.57426892]

>>57426086
How bout the silver of the crypto world?

[Anonymous No.57426893]

>>57426885
precisely. we can't plan for a world we want.
we have to plan for a world that is, sadly.

[Anonymous No.57426965]

>>57426623
that's not a good idea
besides 2.5 years are not much and you just dont see the big picture view

[Anonymous No.57426987]

>>57426965
if you're from /pmg/, then feel free to tell me how normies are going to take up silver in the next 2 decades. i'm asking seriously, in good faith. i want to know if this is remotely possible. i just doubt it is after seeing their sheep behaviour in the past few years.

[Anonymous No.57427058]

>>57426987
Normies will only talk and buy silver once it's in the triple digits in the same way it happened with bitcoin
by that time we're in the bubble phase
the commodity bull market is around the corner I believe
Would you rather buy the SP500 where all the money is?

[Anonymous No.57427104]

>>57427058
you're jumping the gun quite a bit there...
look, i own silver and want that to happen, i just look at the data and it's against us.

[Anonymous No.57427112]

>>57426086
5-10% of nw in silver is the goal with another 5-10% in gold. Physical ownership of course. If you're looking to buy now, monsterboxes of American Silver Eagles are on fire sale. You can find them for $1 to $2 above spot.

[Anonymous No.57427121]

>>57426086
as an investment, no

everything outperforms silver. as an investment you'd be better off buying frozen hotdogs.

if you like shiny things then go for it though

[Anonymous No.57427179]

>>57426086
>Thinking of spending 20% of my money on silver.
The US dollar supply has tripled under every president since bush. What do you think anon? It's a good hedge against inflation. What I do is 20% silver, gold, hard assets(car, furniture, home appliances, electronics), money market account or S&P assorted folder, and finally land. Looking to buy a few acres in Idaho or western Montana.

[Anonymous No.57427191]

>>57427121
>everything outperforms silver. as an investment you'd be better off buying frozen hotdogs.
Silver is the only hyper regulated asset on the market aside from maybe oil. Silver is a hedge only because of that fact right now.

[Anonymous No.57427208]

All it takes is a market crash, bank bail in, bank run, or a system that dictates or punishes you for your purchases and people will move thier cash to commodities that someone will have to physically take to get them. Look at what happened to PayPal when they announced they would be charging 2500 bucks to anyone that said, sponsored, or endorsed what they deemed to be hate speech or misinformation. They where trading 80-90 bucks a share with a solid upward trend then they announced that and have been on a decline since. They lost a ton of customers due to that. During covid gold and silver spiked hard because people where afraid. They are the go to when people think thier money is in danger for a reason, that reason being someone will have to risk thier life to take it from you. They can't just sit behind a desk and empty your account with a button press.

[Anonymous No.57427273]

>>57426617
>kikes
Notice how shills say kike but never jew...

[Anonymous No.57427302]

>>57427273

[Anonymous No.57427303]

>>57426987
>feel free to tell me how normies are going to take up silver in the next 2 decades
Completely irrelevant. The value of silver is protected from hyper increase by the power structure. If they let silver trade in a free market it would moon overnight(See: Hunt Bros). There are millions of paper contracts that keep the price surpressed. If you were to map gold and silver(real money) to the amount of assets in the world, it would be worth hundreds of times it's current valuation.

[Anonymous No.57427365]

>>57426785
in 30 years, the Debt payment on the debt will be larger than the GDP. The system will collapse into something new before then. Gold and silver are real stores of wealth.
Buy all the physical gold and silver you can. Why put money in stock at this point of the bubble you are too late. Crypto still has some deals but it's harder to get out sometimes than you'd expect lots of "exchange errors"

Look at gold and silve like a 401k, but instead of someone else owning the shares and controlling companies with your money to use against you. just buy gold and silver so you don't put money into their accounts as leverage. The system is theirs, take money out of it and put it into something they can't use against you.

[Anonymous No.57427374]

>>57426987
exactly this mechanism. Once they sheep see their idols do it they will do it. All it takes is the TV for them to do it. Some AI prank or anything, also panic, FOMO will do it.

[Anonymous No.57427397]

>>57427273
jew
kike
nigger
you are all 3 btw
>>57427303
this is more "2 more weeks" logic
>>57427365
the debt interest being unpayable because it's too fucking high is at least a credible thesis.
but let me put this to you, the way they will get out of that is to print the fuck out of the dollar.
and that doesn't necessarily mean the end of the dollar.
i know it sounds impossible but it doesn't. the world uses this fucker as the reserve currency, they will be screaming out for more dollars. they can't wean themselves off this shit unless we see major starvation, pain, world war, etc. and yeah that might all happen and we still might end up with a fucking retard fiat currency because normies are so fucking retarded.
i am blackpilled i guess.

[Anonymous No.57427418]

>>57427121
Why are you using the past as an indicator of the future? We know Silver is manipulated down very low to keep technology cheap. Solar Panels, Electric cars, Batteries, Electronics all need silver, and those are the future. Very easy to see silver is critical, the government ran out of reserves, and this is needed for communications and weapons systems.

Buy a bit of stocks DWAC did great, buy some gold and silver, platinum is a great buy as well. Cash out your digital assets for physcal gold and silver before the elections.

Big money is selling stocks and cashing out of the market, They are driving FOMO saying "Goldilocks Economy", now it when the poor are buying and the rich are selling. Commodities will be needed soon once the wars escalate.

[Anonymous No.57427444]

>>57427397
All that is true, not blackpilled but a realist. But be more optimistic, the way Europe is protesting, and Texas is growing a pair of balls, maybe there is a future for us.

They will print the USD to the end, they will ride this till the system collapses, they see it coming and are preparing for CBDC or BTC-ETF nonsense. When you see big property holders selling homes to private buyers that also shows the rich are liquidating from the current bubble. What else is there really to invest in? Everything but silver is in a bubble, gold seems high, but silver is 2x? Due to lack of option in real-estate, some stocks seem ok.

Knowing the FED is going to print and pump up big tech, get some tech stocks ETF/s. It's going to be a very volatile market, HODL till the end and cash out before the rest if we can.

[Anonymous No.57427469]

>>57427444
>the way Europe is protesting, and Texas is growing a pair of balls, maybe there is a future for us.
2 complete nothingburgers. if i ever see a true happening, i'd be the first to celebrate.
i don't think the fed will print before a collapse. yeah tech will be a good bet once we hit a solid recession and normies dump to pay the bills and buy food. but we'll get at most a -30% on the shit and piss 500.

[Anonymous No.57427565]

>>57427469
looks like y-p-po are getting fed up, and the blacks in big cities USA are jealous illegals are getting more gimmes than they are. Soon the Blacks in USA will do what the white are to scared to do and it will be glorious! Then the sheeple white will see their rapper gods hating illegals and deporting them.

To control the sheep, control their master. Until then don't put money into their system. Get assets they don't profit from and use against you.

[Anonymous No.57427585]

>>57426542
>bitcoin went 10x+
Ah yes the pump and dump...

[Anonymous No.57427718]

>>57426086
No retard, of you're going to buy PMs stick with gold. Silver is entirely an industrial metal now. It was needed to enhance the divisibility of gold, but since computers were invented, has become moot. The only scenario where it takea back the ratio is one where we un invent electricity. Also, unless you're Daddy Warbucks, 20% is too high an allocation for PMs.

[Anonymous No.57427760]

10-20% max of your total networth is fine. /pmg/ is not an investing general. It is a schizo general. Basically /gme/ except they're waiting for the end of the world to come instead of the short squeeze. Wouldn't trust anything those freaks are peddling to you.

[Anonymous No.57427768]

>>57427585
It always conveniently dumps to a level higher than the pump, funny how that works.

[Anonymous No.57427771]

>>57427760
Sorry to be clear I mean metals in general. Gold is a better hedge against economic uncertainty. Silver is purely a speculative play on society collapse, maybe more if you buy the gold/silver price ratio being atl (there's a reason for that however)

[Anonymous No.57427878]

>>57426086
silver is a shit store of value
gold markets are manipulated but theyve been decent if you bought decades ago, not very good to buy now

[Anonymous No.57428509]

>>57426122
This video is about some scummy companies with ridiculous premiums.

[Anonymous No.57428523]

>>57427878
>silver is a shit store of value
I'm a poor nigger, so silver is OK for me.

[Anonymous No.57428651]

Folks you gotta buy as much physical silver as you possibly can. The more physical silver you accumulate the more Christian you is because you show that you dont support the satanist globalist NWO fiat system. Like it says in The Holy Bible
>God shall reward all ye who reject the works of the devil and instead accumulate the fruits of the Earth
That means gold, silver, precious metals, and a pair of jeans that fits just right.

[Anonymous No.57428703]

>>57428651
Based

[Anonymous No.57428857]

>>57426892
The silver of crypto world is kaspa, not that thing

[Anonymous No.57428874]

>>57426335
lol wrong, dealers KYC your ass and snitch on you, and PMs do a poor job of tracking inflation

[Anonymous No.57428887]

>>57426086
Silver is the lynchpin

[Anonymous No.57429016]

>>57427768
Yeah and how much does a Bitcoin weigh? How about that 100% traceable ledger?

[Anonymous No.57429123]

Silver sucks to make money off of but it's fun to collect shinies.

[Anonymous No.57429226]

>>57426086
just buy mining stocks

likely 10x this year

[Anonymous No.57429303]

>>57426206
They're a fed. If it was the other one they'd be selling the silver at mark up.

[Anonymous No.57429321]

>>57426542
>Conflates short-term risky profit making with long-term stable hedges

>>57426581
>there is no different between gold and silver

Yes there is. Silver is more volatile price wise. And both have different chemical properties.

>>57426086
Ask a vague, shitty question, get a vague shitty reply.

>Is buying silver a good idea?

A good idea *for what*?

[Anonymous No.57429376]

>>57426086
Gold and silver are going to be confiscated and trading will be prohibited. Investing in gold and silver is generally a very good idea, yes, but the upcoming social credit score system will not like you having such valuable assets. But I still encourage buying. Hide it under your floorboards or somewhere underground in a forest.

[Anonymous No.57429486]

>>57429123
>Silver sucks to make money off of
Silver is money. You're trading paper debt receipts for real money. Same with gold.

[Anonymous No.57429490]

>>57429376
>Gold and silver are going to be confiscated
They can't even enforce gun control what makes you think they can steal our PMs?

[Anonymous No.57429511]

>>57426086
supremely based
once you know you have a moral duty to help fuck the system
conveniently this will make you wealthier once it gets fucked

[Anonymous No.57429556]

>>57426436
yes but BTC is now a larger cap than silver
but I agree both are great
silver and lower cap cryptos are even better (LINK and other shit you believe in, im not here to shill my crypto alt bags though)

[Anonymous No.57429571]

>>57429511
You've demonstrated silver is an industrial metal, rather than having monetary demand. Congratulations.

[Anonymous No.57429733]

>>57426086
If you’re a nigger brained zoomer that wants immediate results, no. Stick to the crypto casino. Hind sight will always be 20/20, and no matter what some of you retards spend your money on, you’ll always look back in a year or two and say “oh I should’ve bought this or that”. Silver and gold are stores of wealth. You don’t make money on them, not a large amount anyway, but that’s where you store your gains from other money making assets, as a way to physically secure it in your possession, rather than leaving it in fiat to be inflated away or risk losing it on a shitty trade.

[Anonymous No.57429752]

>>57426086


silver is an inflation hedge. personally I have 3/4 of my money in physical silvers and silver miners. why? very little downside risk at theses prices. very large upside potential, it has gone x50 like a shitcoin before if inflation expectations and short squeeze coincide. may as well yolo while I am young. what is the bullish case? the US debt is untenable and can't be reduced without substantial money printing to pay it off, the govt can't afford high interest rate payments forcing the FED to keep rates low, which causes more inflation, and hence a positive feedback loop. this is essentially a financial crisis that is unfolding, would recommend you at least hedge.

[Anonymous No.57429847]

>>57426581
>U
hello vince mcmahon

[Anonymous No.57429951]

>>57426855
>i am very much in favour of sound money. i also am just very realistic on normie behaviour.
Exactly this, thank you for finally articulating this very simple idea. Fuck me.
I just treat 'precious metals' as a novelty that's fun to keep around, look at, that sort of thing.