SILVER

How high do you think it can go? At what price will you sell?

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It can go as high as the fed prints. Literally infinity is possible. Some I'll sell when I see a 10X in purchasing power, but some silver and gold I'm keeping forever to until I'm truly desperate or to give to my children. The dollar will eventually be replaced, it could happen in the next decade. I have a 20% position I plan on never getting rid of. I'll add to that numismatics and rare coins that I want to be preserved.

Tops $20

Paper? 0.
Physical? $120 / oz

I'll never sell my coins

Why is everything pumping?

>boomer rocks

That said, silver's been in a bear market for years, if the correction is over, it might just turn into the PM buy of the decade

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under
rated

Fed printing money

silver will only spike, not gain much value over a long period just because they just start mining more of it as soon as the price goes up.

you cant do that with gold

Why not? I read somewhere that the reality is that there is 5 times more gold out there than there is silver.

120/oz is fud

Cause the wu flu is blowing over.

i read this the first time ever, source? asteroid mining doesnt count

>Why is everything pumping?

Because what was being priced in during the March crash was an anticipated 4-5 million Americans dead and the total extinction of several big industries, like airlines

Instead, none of that happened, it turns out the Roni basically only kills the elderly, sick, fat, and useless, and if everyone else just wears a surgical mask we can all go about our daily business.

So we've got a perfectly functioning economy that just had trillions dumped into it, with the promise that leadership will dump trillions more if they need to.

Aka, we are entering another 4 years minimum of boom

checked. but silver (and gold) are not pumping for the same thing everything else is pumping. they're pumping because they're safe haven monetary assets for the inevitable currency crisis that we printed our way into.

kys goldbug

yes, stocks will go up forever, that def isnt hyperinflation being slowly reeled out in an flaming no landing gear emergency landing of the entire world economy. my robinhoods are going up!

I for one am looking forward to carting around wheelbarrows full of cash, always been a dream of mine.

>does not understand the fundamental principles at work here

The Fed's fighting deflation right now. Yuro and EM money is pouring into the safe haven of the USD, and the money printer is running at top speed to stop that from creating a deflationary spiral. That's why Powell's throwing trillions out the window, and yet PM and oil are barely budging. It's all being financed by investors who know what's coming in Europe and the 3rd world countries.

There isn't going to be any hyperinflation. They're having to work hard to create inflation.

>I'm so smart
>I'm so smart I've never even considered why our Tbond yields are so low despite no body wanting to buy them.
>I'm so smart I don't understand how bad its going to get when those yields are formally capped or finally allowed to go up.
>I'm so smart I don't detect that stocks, real estate, and everything but commodities are in a bubble the likes of which we've never seen.

Have fun bby

fred.stlouisfed.org/series/BOGMBASE/
ok buddy

>It can go as high as the fed prints. Literally infinity is possible.
The basic flaw in this argument is that silver will be worth infinite dollars if dollars are equal nothing. But 1 oz silver is more or less worth 1 oz silver relative to goods like food or shelter. Metals may be under-priced, but they are just a raw resource that maintains a fairly stable value over time. Metals are a glorified savings account, whereas investing in good businesses or crypto or whatever will increase its wealth relative to PM.
Metals = saving
Stonks/cryptos/etc = investing
might as well put a fraction into both
my 2 cents

Hello J. Powell. But in all seriousness holy shit you are dumb. We are already seeing very high inflation, some might even call it hyperinflation already. The difference is that it's not in consumer goods yet but in equities such as stocks and boomer rocks. Literally every single asset is mooning and that is solely due to inflation. You can also see that the US debt and FED money printing have gone full zimbabwe for a long period of time now.

Are there any leveraged ETFs for silver? Might be something to look for

You sure showed me, fellas -- I'll just continue making a fortune while you guys tread water with boomer rocks and wonder why the foretold crash just never seems to come

>money supply exploding
>yet somehow USD stable against EUR and basically everything
>this isn't exactly what I was talking about

You get the Super Monetary Genius Award lmao

also,

>But in all seriousness holy shit you are dumb. We are already seeing very high inflation, some might even call it hyperinflation already. The difference is that it's not in consumer goods yet but in equities

lmao holy fuck you not only don't understand what's going on, you don't even know what words mean

>there's hyperinflation
>just not in consumer goods

lel

>Metals = saving
>Stonks/cryptos/etc = investing

This. Although I suspect we'll see a silver bull market over the next 10 years and some decent gains there. But nothing compared to even index funds and crypto.

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the original definition of inflation was an increase in the volume of money and credit relative to available goods and services

If you are implying the cpi or some other nonsense is inflation, please preface your posts by declaring the you are a faggot so as not to waste peoples times

What if Robinhood lists FUND
Holy fuck.

Asteroid

mining

This is the correct and 200 IQ way of doing it. We are on the cusp of a financial reset and (((they))) want a fully digital crypto that they control, so crypto in general is going to skyrocket soon. PMs are just something that will always be safe to preserve wealth, but stocks, bonds and crypto can multiply wealth.

>muh hyperinflation
>muh reset
>muh hard money

PMdrones believe the dumbest magical-thinking bullshit

NEVER
I STILL WONT SELL WHEN IT HITS 1000. TAKE MY SILVER OF THE SUPPLY, CAUSE IT WILL NEVER BE THERE, YOU GREEDY FUCKING KIKES