That’s a good idea. But silver is suppressed at only $24.95 an oz while gold is riding at $1863 per oz. At the standard 60:1 ratio silver should be at $31 or more. I caught the silver bug when O’Zero became president but gave up on it for all the market manipulation. But if silver is suppressed it would be a good buy and hold for when artificial banking control breaks down. I’ve heard people say that hard assets today are the thing to buy, such as car, property, and houses. Try goggling your current vehicle that your driving; “buy 2008 Toyota Corolla. I was shocked to find a used car dealer selling one for $7488. And I thought it was only worth a few hundred bucks.
Silver is truly suppressed.
However, if you look at the individual coins such as Silver Eagles etc. they are all up considerably from where they were.
I started buying a little silver each year beginning 2008-I would buy an amount equaling my property/RE taxes and homeowners.
Hoping to be able to hang on to home and property when inflation raises the taxes.
Of course, if things get too bad, the Government will confiscate it all anyway.
My Corolla is a 2000 and only has 76000 miles - and garaged. I am at the dealer today for a $1000 repair. The dealer loves the car! :) ...and I consider the repair a worthwhile investment.
I just had a remanufactured engine put in my 06 GMC, I could have gotten close to if not actual 20K for it w/o the freakin’ engine! I wasn’t original owner on that, my Silverado is still tooling along nicely at 425,000 miles…
BTW, I don’t know where you got the 60-1 silver/gold ratio but the historic, back to Roman times, has been around 17-1, probably a bit higher in modern times because of refining tech and byproduct production volume (principally from lead, zinc and copper)