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To: Hostage

You could buy stock in silver producers/mines.

But mostly the money trading in silver is in the commodities markets; mainly out of Chicago but with electronic trading and floors closed due to covid it can be traded from the basement of your parents’ house. Most people who trade stocks online probably do not yet have commodities trading capability but it can be done. You have to have the right brokerage and hopefully an understanding of how the market works.

The market for physical is mostly in industrial use, coin collectors, as a hedge against inflation, stashed for the zombie apocalypse to come, and as a means to store and transport wealth without having paper bills or banks to deal with. If Silver were to go to $300 an ounce, a 1 pound bar of silver would be worth close to $4,500.


14 posted on 01/30/2021 10:40:46 PM PST by monkeyshine (live and let live is dead)
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To: monkeyshine

TY. The historical gold price-silver price ratio I looked up looks like the lowest was 40 in recent years. Right now it’s about 70 to 75. Following this correlation might see silver double or more depending on the short interest and the ability of the Reddit wolves to replicate the attack squeeze success they had on GameStop and others.

Are you on Reddit?


24 posted on 01/30/2021 11:10:12 PM PST by Hostage (Article V)
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