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To: dennisw
Good to have some gold, but best NOW to have a LOT of silver.

As markets over-correct, Hodl the silver, and then pick a point at some better future time to convert a portion of that silver to gold.

Compare gold and silver to dollar ratios:

https://www.usdebtclock.org/gold-precious-metals.html

16 posted on 06/12/2022 8:41:44 PM PDT by C210N (Everything will be okay in the end. If it’s not okay, it’s not the end.)
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To: C210N

Silver will burn you in a recession.
Gold - good during inflation.
Silver will outdo gold during an inflation and hyper-inflation.

I bought some silver in 1983 at $16/oz. I still have it. The price today is $22


18 posted on 06/12/2022 8:48:46 PM PDT by dennisw
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To: C210N
As markets over-correct, Hodl the silver, and then pick a point at some better future time to convert a portion of that silver to gold.

Have fun losing a whole lot of money with that tactic in the recession.

26 posted on 06/12/2022 9:05:40 PM PDT by politicket
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To: C210N
Fox News Channel has been running alot of buy Silver commercials recently.
38 posted on 06/12/2022 10:23:14 PM PDT by McGruff (Don't underestimate Joe's ability to f*** things up - Barack Obama)
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