I have come across these three articles, which make very interesting food for thought. The general idea is that for most stackers a rise in Silver prices will mean a loss in our bank held savings and a much more unstable world. Do Gold and Silver investors want Gold at $5,000 or $10,000 ? Be careful what you wish for. (Part One) http://resilientman.com/events-leading-to-gold-5000-silver-80/ What does Gold at $5000 and Silver at $200 mean to the gold and silver investor ? (Part 2) http://resilientman.com/gold-5000-silver-80-net-loss-for-most-investors/ Most gold and silver investors will be crushed when gold goes above $6000 and silver above $200! (Part 3) http://resilientman.com/gold-beyond-5000-silver-above-100/
I count on industrial demand for silver and not on disaster scenarios. The world did not fall apart for useless bitcoin to grow 10.000% and it won't fall apart because of silver.
Do you really want silver to be at $200 ?>>> wrong question! right question should sound like this: WHEN do you want silver to be $200?
@Golden Central banks do not horde bitcoin. Industry does not use bitcoin to build electronics. You cannot relate the inconsequential rise of Bitcoin to possible effects to the rise of precious metals.
If Silver goes to 200 in five years time ... life will not be all roses. Pirce of Silver holdings will go up but the rest of one's wealth will go down.
Damn straight I want silver at $200 right now. Though of course I don't want it to be an indicator that the world is a hell hole.
The way the world is heading, both politically and financially, it is inevitable that many people are going to suffer regardless. Stacking AU/AG will not cause, or have an effect on the global outcome. However, by stacking AU/AG, the holders will have a better chance of weathering the economic storm than others. It may be only by a few months or years, but it is still better than what others will be forced to endure.
Gemel UK. What happens if things don't go down and hyper-inflation rules the day. Eg. Germany 1920's.. Fiat money worthless. Some of THE FINANCIAL GURUS around the world think that after de-flation comes the hyper-inflation.. Now that is when gold/silver has it's day in the sun. Regards Errol 43