No, it's not going down much more. $1800 is the floor, or maybe $1750. buy now
Dylan Smith
Daily reminder that silver has consistently lost value over the last 500 years. The chart only hides it via inflation. Silver is not a long term store of value, just a way for poor people to pretend they’re stacking large amounts of something valuable. It might go up in a bull market but if you think your silver will be worth its current real value in 50 years then you’re gambling on a centuries long trend bucking. Just buy gold.
hahaha. as if all the empty fake contracts on comex arent enough wewlad
Ian Taylor
yo i checked that offers and they are just bad for me, thanks for effort tho. i will buy krugerrands of kangaroos or maple leaf instead.
Luis Campbell
Fact. >Imagine being a whitepilled normie believing the great reset and CBDC's are a conspiracy theory. Gotcha. I am not adept in VAT lands.
Sebastian Hernandez
This is insane, another option for them to smack the prices down or it won't affect the Market Price?
Landon Sanders
They are printing a ton of gold. So far 48,450oz of it. They just print 1,000's at a time. It's hillarious.
Cooper Scott
Reminder trading silver to gold is taxable event. Comex court will not let you get away with it.
Henry Long
This, I wish I hadn't gone all in silver when I first started browsing PMG and learning about metals, hopefully silver can go back above $30 so I can finally sell this shit and get more gold
will be funny when the electricity and the internet fails, or systems get hacked. and all that virtual bullshit is proved to be what it really is, vapournothingware
Zachary Ramirez
Same here Got a little excited due to the general euphoria. At least I learnt something I guess
All I'm gonna say is this, it's pretty much garunteed that gold will easily over $2000 10 years from now, can anyone on here confidently say silver will be above $50 10 years from now, and I don't mean for a few weeks or something, I mean consistently staying at that level and that possibly becoming the floor for the metal
Mason Bailey
If what he said was true, an ounce of gold would buy you a mansion. This can't be, there will be some other outlets of wealth, it won't be just gold asset and some minor satellites.
Cameron Cooper
who the fuck cares about 10 years from now
Nathaniel Richardson
>anyone on here confidently say silver will be above $50 10 years from now, and I don't mean for a few weeks or something, I mean consistently staying at that level and that possibly becoming the floor for the metal use
yes
James King
>Quantum computing
Gabriel Lopez
>an ounce of gold would buy you a mansion A 400k home costs 200oz of gold in the current market. I'm assuming what will happen is the same home will cost 10 million in paper but 100oz in gold once the market is corrected.
Cameron Kelly
It's been out for a while and regularly trades at a large discount because NO ONE trusts tether
Brandon Cooper
millenials brain logic
Gavin Martin
Everyone except the wealthy ones would be forever priced out of the Real Estate. I thiiiiiink you'd have some revolutions and public executions of Landlords. (((They))) can't go to that level of extreme.
Adam King
Because, if your looking for a hedge against inflation then gold is a better option because it consistently rises in the long term. If your looking to make profit there's thousands of more efficient ways to do that. So I just don't see what use silver has since it isn't the best possible hedge against inflation and it isn't the best or even most guaranteed way to make a profit, so what purpose does it serve for us? I'm not a crypto shill coming in here to troll, I enjoy stacking just as much as anyone else, but the hype has worn off and I'm starting to see silver for what it really is
Cooper Nguyen
>it's pretty much garunteed that gold will easily over $2000 It really isn't. The Fed could murder gold if they wanted to by hiking interest rates. Now they're unlikely to do that however, which is what people here are betting on. Really there is no shortage of reasons to be bullish on silver. >silver has same basic properties as gold, divisible, fungable, lasting etc. >gold/silver price ratio at about 80 >ratio of silver to gold in the ground about 16:1 >ratio of silver to gold currently mined about 8:1 >gold is around it's ATH, silver is not >silver is a vital component in many industries, including ones with a very positive outlook such as solar panels and EVs >silver supply us constantly used up, gold is stored in vaults. More silver is consumed than mined, meaning you either need new discoveries or start mining junk yards Now is silver as good a store of value as gold? Probably not. That said there is many reasons to be overweight silver at current price levels.
>"my gold exists on the quantum cloud. the ultimate safe haven for the new millennium. Where will you keep your quantum gold, when the the new digital age begins?"
Christopher Smith
>The Fed could murder gold if they wanted to by hiking interest rates Yeah they'd just murder the entire economy along with gold lmfao
Sorry user. If you been round PMG a lot, we lose our silver and gold in hiking trips, boating accidents, and moving locations. We do not have any stack to show you.
