You've won me over with a statement like that. It's always a good time to convert fiat to real money. _JLG.
First time I've been in here in a couple of years... This negativity is starting to look very tempting to buy into!
grinners says "This negativity is starting to look very tempting to buy into!' Following that logic, I would say that @grinners are winners.
Seemingly healthy stock market + Crypo's = SIDEWAYS BULLION PRICES Doesn't mean you shouldn't buy some ( The real stuff ) not that other crap some peddle.
WARNING! Anything written in capitals with an exclamation mark is probably bullshit designed to cause fear and pressure into actions that will benefit them financially.... Unless it's in front of an exposed high voltage electricity wire. If it's in front of an exposed high voltage electricity wire you should definitely pay attention to it.
the fiat is still hanging on. 10% of net worth in silver. is there really any more wealth in the world than 50 years ago? it is all debt. if you took all the debt out, what would be left?
Reminds me of .com, 1996 - 2000, when the hoards were buying tech stocks; even miners tried to get on the bandwagon. Folk were selling $200 Gold coins back to the bank because the "So-Called-Gurus" said it was the end of gold. No electricity, no Crypto currencies. Keep buying gold, silver and platinum I say.
I reckon the retailers should give option to buy in cryptos as some people profit take from the cryptos by converting to silver gold. Just like people chatting about trading shares few years back on here were taking some profits back into metals. I think this would add significant inflows. And if the retailers dont like cryptos all good just exhange it for fiat straight away
Right but what you think is low now maybe isn't actually low at all if it's going to be a lot lower later on. Silver is only low compared to the huge temporary spike we had a few years back. Historically with inflation adjusted silver is still like twice as high as it would normally be. Historically before the recent and rare price spike silver adjusted for inflation would be at like $8 an ounce right now. The price today at twice as high as it is historically (inflation adjusted) does not sound low to me. And the fact that it keeps dropping and trying to find it's real value tells me that we aren't done yet and have a long ways to go before it's really considered low again and cheap.