Is physical silver an inflation hedge?

If it was, why would they trade it for declining currency? In others words the sliver/gold pimps are really stupid or its just a fear sales pitch. Both have industrial and commercial use but after that its value is whatever people will pay.

I used to think so OP, but now, seems like it is just a tarp.

I don't think so. Silver is worth what's value they give it. Seems like a lower currently. Been around $20 for years. If it goes up it'll be a short lived rise I think.

At the end of the day ask yourself "do you want dollars or silver? If your answer is dollars, there is no help for you. Stay in dollars

Same here. Fuckery afoot.

So don't buy any if you think it isn't.

Why do you care where other people invest?

It's valuable in times of crisis and is "forever" money.

If you're disappointed with the current return then sell it, you will quickly find a buyer

its supposed to be..has been real money for thousands of years..but the market is totally manipulated via paper. So it's market value bears no resemblance to supply and demand anymore. Historically it has been 13-1 8-1 ratio to gold which should put it in the 150.00/200.00 oz range rather than 24 bucks

Silver is a non-expiring commodity.
It has practical (many) and impractical (jewelry) uses.
Like all commodities it is also subject to speculation.

In many applications it is consumed and is not economically recoverable.

It is an inflation hedge when:
1. The 'price' is close to the cost.
2. The cost is likely to increase.
3. Demand doesn't collapse completely due to obsolescence.


In the long run nothing else matters. Speculation doesn't matter. Demand doesn't matter anyway (as long as there is enough demand as to make recycling/cannibalism insufficient to meet incremental demand).

All currencies will continue to be debased.

The ONLY concern for silver to the downside is IF:
1. Demand significantly decreases
2. The amount mined for other commodities (tin/copper/etc.) results in a market glut.

There is no magic wand for mining at this point.
The energy & equipment costs of mining aren't going to transform at this point. Labor is a fraction of those costs.


So, in short:


1. Short term hedge? So-so.

2. Long term hedge? Yes.

Better to park your money in something tangible when fiat runs out of faith. 5000 years of history on its side.

Look at Venezuela - those who had the foresight to acquire physical bullion were able to weather the storm while their neighbors queued for blocks just to get flour from the govt.

Better to park your money in something tangible when fiat runs out of faith. 5000 years of history on its side.

Look at Venezuela - those who had the foresight to acquire physical bullion were able to weather the storm while their neighbors queued for blocks just to get flour from the govt.

Ever since the introduction of Silver EFT’s the price has been manipulated.
It’ll go up when the Powers-that-be say so.

Problem here is pawnshops still use official rate when buying from you.
Lets say 1oz pure silver is $20 spot price
Nobody seels to you for less than $30
Nobody pays more than $12 buying from you

If you need $100 better keep change in your wallet

Say you are investor and have 2 boxes of silver / 1000 oz/ , look how much money you lost
Paid $30k , sold for $12k -lost $18k
Spot metal prices are for few chosen ones Only

It's the new mattress.

all my silver ETF's and investments are in the tank and inflation is thru the roof. I've lost a buttload on silver?

Lead, the new precious metal.

Think solar panels.
Think Biden now pushing solar.

Can't disagree with anything above. Just want to add that if/when the USD goes bye bye and there is a secondary/black market for everything - having some silver on hand could be the difference between life/death.

Not telling you to put 100% of your resources into silver but a few dozen ounces wouldn't be the worst idea....

Well if it doesn't go down in value while the fiat does then yes and while silver isn't allowed to go up right now it definitely is not going down.

Silver was never going to go up much until the full collapse, and then WE RIDE!

Silver is the faulty fed bucks antithesis.

if silver ever does well it means the fed bank have lost control of their system.

silver is real money, the fake money doesnt want anyone believing that


got it?

think bigger picture

silver has been money since sumaria

all of human history

fed bucks 1913

No.

A genuine "hedge" against monetary inflation implies free markets in assets.

There are NO free markets in assets, at this time.

It can't hurt to hold a few hundred ounces of physical silver, though.

IN YOUR OWN POSSESSION.

Learn from history or repeat it.

One of the most fundamental lessons is only trust something you can physically hold.

Which is what makes crypto absurd. What if they turn off the Internet? Or even just your access to it? How do you access your blockchain “wallet” then?/

Well put. And if it ever goes to zero, you can melt it down and kill werewolves with it.

Last Edited by SaveUSa on 06/14/2022 08:57 AM

Yes, physical silver is an inflation hedge. Problem is, to buy physical silver you will have to pay $5 over spot value last time I checked.

I bought silver way back when it was about $7 and it was $1 over spot back then. I assumed that covered S&H but at $5 an ounce it adds up.

Sure, buy it…pay tax on it… then sell it to a dealer below spot price = loss plus added inflation on the dollar you sold it to.

= dumb

I use the bit of silver I have to make my own CS. It isn't inflation I am concerned about.

Better Buy Beans.

Anyone who believes this shill, is likely the dumbest f$ck on the face of this Earth.

There is a reason banks stockpile gold and silver.