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Is physical silver an inflation hedge?

 
Revisionist

User ID: 80867071
United States
06/14/2022 01:29 PM
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Re: Is physical silver an inflation hedge?
What're your thoughts?
 Quoting: Heavyshrub 83416029


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.
 Quoting: Anonymous Coward 83652203


If you're buying silver with the intent to trade it later for MOAR FIAT, you're doing it wrong.

Gold/silver is for when the fiat system collapses. If you sell before then, you're a fool who deserves to lose.

Gold/silver is a very long term investment. Silver happens to be extremely undervalued right now because it's easier to manipulate.

If you want to trade, then open a forex or options account. If you want to invest in a hedge against the imminent collapse of the fractional reserve Ponzi scheme, buy gold/silver/real estate and never trade it back for moar fiat.
 Quoting: Depluribus Unum



Not exactly true, you can use large fiat gains to purchase physical goods. A 10,000 investment in silver 22 years ago and sold when silver hit 50 could have netted you 100,000 dollars. Nothing wrong with cashing out and buying a house or paying off debt. Any tangible product could be a barter item when the dollar collapses. Alcohol may be worth just as much as silver for that matter.
Living the gospel of Christ is an action not a thought.
Anonymous Coward
User ID: 80820382
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06/14/2022 01:31 PM
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Re: Is physical silver an inflation hedge?
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
 Quoting: Anonymous Coward 83468125


Anyone who believes this shill, is likely the dumbest f$ck on the face of this Earth.
 Quoting: Anonymous Coward 82846113


It must have been Brandon. No one else is that stupid.
Larp Commander

User ID: 83037537
United States
06/14/2022 07:50 PM
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Re: Is physical silver an inflation hedge?
Silver is like Iraqi Dinars..

Keep hoping it will go up..
Stay away from the Vaxx Scene
Pres. Elect Festus Hoggbottom

User ID: 81479191
United States
06/14/2022 07:51 PM

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Re: Is physical silver an inflation hedge?
Sheeeeeiiiit!!!! Buy $10K in silver today. In about 10 years, it'll be worth around $10K. You'll be RICH!!!!!
I did it. I did it on purpose. And I'll do it again.
Anonymous Coward
User ID: 79035087
United States
06/14/2022 07:56 PM
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Re: Is physical silver an inflation hedge?
Silver gonna drop now. Dollar up due to Fed's rate hike.
Revisionist

User ID: 22134378
United States
06/15/2022 02:59 PM
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Re: Is physical silver an inflation hedge?
Silver gonna drop now. Dollar up due to Fed's rate hike.
 Quoting: Anonymous Coward 79035087


Here comes the deflation. I think silver will climb.
Living the gospel of Christ is an action not a thought.
Anonymous Coward
User ID: 48256742
Canada
06/15/2022 03:08 PM
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Re: Is physical silver an inflation hedge?
Is Silver plunging like ButtCoin?
Anonymous Coward
User ID: 78914005
United States
06/15/2022 05:57 PM
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Re: Is physical silver an inflation hedge?
What're your thoughts?
 Quoting: Heavyshrub 83416029


Real money for thousands of years
Anonymous Coward
User ID: 83667609
United States
06/15/2022 06:00 PM
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Re: Is physical silver an inflation hedge?
It's clearly not an inflation hedge.
Tioga

User ID: 4599677
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06/15/2022 06:29 PM
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Re: Is physical silver an inflation hedge?
Most want fast money, I bought in 30 years ago at 4.00 an once. Also bought several coins graded they have all done well. Most buy and then sell when they need money and sell at lose.

I never handed someone a large piece of silver that did not buy some. Most on here talk shit and don't own any and never will.

How I got started won 750.00 at casino and on way home stopped at garage sale, guy had boxes full of silver Morgans
for 5.00 dollars each, bought all he had. Many of those are worth 80-150.00 each now, yep worth less investment.
Anonymous Coward
User ID: 80057921
United States
06/15/2022 07:14 PM
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Re: Is physical silver an inflation hedge?
People are going to need to camp on their metals all the way through the crash and into the rebuild process.. and they better hope a new-age (digital) system isn't ready to phase out (or outlaw) everything non-digital..

But we already know this is the plan

Keep buying those shiny rocks with peacock designs, the handful of dealers in your town will take care of everyone's exchange needs, no problem
Anonymous Coward
User ID: 58514364
United States
06/15/2022 07:50 PM
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Re: Is physical silver an inflation hedge?
The entire world seems to be turning their backs on faith based debt money and going towards commodities.
Anonymous Coward
User ID: 48256742
Canada
06/15/2022 08:42 PM
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Re: Is physical silver an inflation hedge?
It's clearly not an inflation hedge.
 Quoting: Anonymous Coward 83667609


I bet the people of Lebanon, Turkey, Syria, Sri Lanka, Venezuela, Zimbabwe, Argentina (just to name a few) might have a different point of view
Anonymous Coward
User ID: 78121322
United States
06/15/2022 08:48 PM
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Re: Is physical silver an inflation hedge?
What're your thoughts?
 Quoting: Heavyshrub 83416029


I bought a ton of silver back when it was 6 dollars an ounce. Holding on to it over time has really paid off.

Silver and Gold used to be the value behind actual dollars until that was changed sometime in the 70's.

Now the dollar has nothing backing it at all, but silver and gold are still available.

It should go up in price as the dollar drops. I think it's manipulated and should be much higher.
Anonymous Coward
User ID: 73120917
United States
06/15/2022 08:58 PM
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Re: Is physical silver an inflation hedge?
Not if they collapse the entire system. Yes it's under valued, but if there are no goods to exchange silver for then it's just metal. It seems like they want force mark digital slave world. If that happens my opinion this world isn't worth it to give up all free will to live.
Anonymous Coward
User ID: 78642642
United States
06/16/2022 06:57 PM
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Re: Is physical silver an inflation hedge?
Silver is a good backup currency and its physical properties are nearly identical to gold so it will always be useful as a precious metal. Its commonality makes it as cheap as it is and with populations booming that means theres enough to go around and fuel an enconomy (if we were actually using it for currency)

Is it a hedge? Not at all, it is a real market commodity and has real world use and value. People are urged to invest indirectly with multitudes of suggestions just like any targeted advertising campaign, so with anything like that you can expect certain demographics or people of particular lifestyles being persuaded to invest their money in silver although any of the other precious metals are good investments too.

Its all about taste and perspective. Personally I would invest in gold, platinum and rhodium because I drink straight liquor and silver is the beer of the metals world and I don't feel like getting all puffy and bloated.
Anonymous Coward
User ID: 5461667
United States
06/16/2022 07:05 PM
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Re: Is physical silver an inflation hedge?
560,000,000 ounces of paper silver futures contracts were dumped, all at once, on the Silver market the other day to make sure it didn't blow up on the usual suspects. The manipulation is illegal but the USG is right in the middle of it.

Sooner or later,
KABOOOOMM!
Auburnite

User ID: 23751121
United States
06/16/2022 07:27 PM
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Re: Is physical silver an inflation hedge?
The hedge had everything to do with my decisions. And I am a proud owner of 2 Silver Eagles and a half roll of dimes.
lol
_Trey_

User ID: 49339947
United States
06/18/2022 08:23 AM

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Re: Is physical silver an inflation hedge?
We are getting very close to the end game
Anonymous Coward
User ID: 80654843
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06/18/2022 09:47 AM
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Re: Is physical silver an inflation hedge?
It will be. Soon I think.

All metals, precious and otherwise often require large amounts of energy ie fuel, to run all of the equipment for mining, processing and delivery.

What has continued to be more expensive by the day? FUEL!

So I think that we are on he cusp of a potential breakout in the physical metals markets. You can't continue to swallow the costs of fuel for long without passing the costs on.

Silver is affordable.
Gold becoming less so.


Gold is the money of Kings.

Silver is the money of Gentleman.

Barter is the money of Peasants.

Debt is the money of Slaves.

  GOLD IS KING..
Larp Commander

User ID: 83037537
United States
06/18/2022 09:48 AM
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Re: Is physical silver an inflation hedge?
You think they are going to let the silvertards win?
Stay away from the Vaxx Scene
Deplorableduckhunter

User ID: 80527926
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06/18/2022 10:02 AM
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Re: Is physical silver an inflation hedge?
Is anyone watching this thread buying Russian Ruples?
57.5 Ruples equals one USD at present.
Anonymous Coward
User ID: 82524972
United States
06/18/2022 10:06 AM
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Re: Is physical silver an inflation hedge?
Anything real is better than anything imaginary





GLP