“I just invested a ton of money in Gamestop, but now it’s on it’s way back down because people are buying silver. I’m going to go to message boards and tell people not to buy silver.”
I’m not saying anyone is being dishonest, but this IS the nature of investing. Any advice people give should be looked at with skepticism...including mine!
The game stop thing is done. If anyone is telling you to get back in, they either don’t understand what’s going on or they’re trying to take advantage.
Silver is never “risky” or a bad buy. You have something in your hand and metal only goes up. It might not be the get-rich-quick scheme everyone is looking for right now, but it’s still a smart investment.
In a SHTF situation, are you really going to trade bullets when there are looters and lawlessness everywhere? They will be too precious.
Silver is more rare than gold, more used than gold, but only about 1/50th the price. It doesn’t make sense. Something has to give, eventually. This whole silver thing isn’t about taking all the silver off the market. It’s about shaking the tree and seeing what happens downstream.
Last thing: do you really think the money changers are worried more about a little Gamestop stock than they are the metal markets? I think it’s more likely they are the ones telling you not to invest in silver.
So for 3000+ years, people have been stupid, they don't know the "proper/real" value of silver vs gold. Really? Solomon had his accountants accurately keep track of his gold holdings. He had so much silver that they didn't even bother with that, wasn't worth the trouble. Solomon must have been a fool.
1Ch 22:14 Now, behold, in my trouble I have prepared for the house of the LORD an hundred thousand talents of gold, and a thousand thousand talents of silver;
Silver very much in abundance over gold and valued as such.