GLP help. SHould i buy 10grams/0.35oz of gold or 1000 grams/35 oz of silver? Major economic Crash schoon!

Buy rice crispies, only 3 grams of sugar per cup.

Stay away from coke. One can = 39 grams of sugar.

No cocaine and a hooker or two

You got the cost ratio wrong. So until you have a brain cell don't buy any

The silver price moves on a leveraged basis vs. the gold price, both up and down. If you think the gold price is going higher (I do) then the silver price will go up much more, percentage-wise. I vote silver.

gold,

there is a lot of silver around the world,

gold not so much

My mind says palladium go palladium

get ammo instead it cant devalue as much, if any significant country or government fails gold and silver will NEVER have any value ever again, if anything actually gets serious.

The softest one, so it won't ruin your dental work.

About 15 years ago (2009) I bought 2 one ounce gold Krugarands as my first and only dip into precious metal, this at a time when there was also much talk about Tungsten forgeries (probably as part of the suppression of gold prices).

Here in the UK, I paid £500 each to actually get them in my sweaty palm (at that time the spot price was about $450 an ounce).
Today the SPOT PRICE is close to £1500. I wish I'd bought more. At the same time Silver was £9 an oz now £20.

My take...

Many different metals are now mined for fancy modern day uses in electrical / electronic goods, mines usually have various combinations of ores, different metals being refined as "by-products". This is, and always be the case for silver. Silver is a relatively common "by-product" of numerous mining operations. I think this is the problem with silver (as it's store of value). Also many countries charge a tax on the full value of silver as opposed to tax free gold (other than tax on the handling charge).

As for my gold coins... Of course I wish I'd bought more, I wish I'd bought FANG stocks and houses too! BUT, gold coins though nice to look at and touch are not the easiest thing to liquidate (if that's not an oxymoron).

I'd take my chances on gold rather than silver. Silver is currently more an industrial metal and has pretty good supply lines and production, though silver is a good bet, if storage (and carriage) and paying full tax is not an issue.

invest in powerball tickets. it is all the rage now.

On a percentage basis, when the price skyrockets, silver rises to a higher overall % profit historically. The silver gold ratio always narrows from 90 ounces of silver = 1 ounce of gold to 40 or less.

That means as gold rises, silver rises higher on a % gain basis. Buy silver. Think about it this way as well... if it ever gets to the point you have to trade it for bread or gasoline, you don't want to be stuck with $5000 dollar bills and nobody has change. With silver you have $200 dollar bills. it's much better for making smallish purchases.

if silver goes 50x then it is less profitable than gold revaluation @ 50000 dollars per ounce.

and you can waste whatever is leftover.

i love both metals but i think silver will have more potential upside compared to gold..

I would do what central banks have been doing..


Buying gold like a motherfucker, while using silver for what it's good for; forks and spoons.

Whatever is available. You might have to pay way over premium.

Silver has (by far) the most potential.

And you should by silver if you want to be able to buy (or barter) for small items.

Would you really want to give someone a gram (or more) of gold for a meal?

Gold and silver are almost as common as each other in the Earth's crust. It is about the same level of work to mine them...

The difference in cost isn't really due to scarcity. It's all about impression.

Silver is more useful, currently.

In case you didn't know, the big banks have been stockpiling silver for years, now. Millions and millions of ounces.

That's a recent lie ^^^ that has been making the rounds for the last couple years.

There is 19 times more silver in the earth's crust than there is gold.

However, you are correct that silver is more useful for industry.

Let's say you want to trade some gold or silver for an item currently worth $30.

Do you really want to fork over a 10th oz gold coin? Or even something smaller, like a 1 gram ingot?

Or would you rather trade something closer to the value of the item you want to buy, like an oz of silver?

There was a GLP thread that was deleted. It was from an insider talking about CBs going to gold standard and gold being revaulated to around 1BTC. Youtube videos are saying it could goto 80K per ounce.


This insider whos predictions flopped talks about getting silver
[link to www.godlikeproductions.com]

Thread: 5 branches of my local bank have "suddenly" closed PERMANENTLY...
Thread: First public mention of gold revaluation by a central bank representative

Thread: Uncle Intel: Get Your Money Out of Banks
Thread: New CRYPTO is coming...not Digital currency...guess what it is?

glp thread that was deleted
[link to www.godlikeproductions.com]

Thread: BANKS are closing after THANKSGIVING

Last Edited by drax-o-logic on 11/06/2022 03:40 AM

BUy the silver. Trade the ratios after. If its around 80-1 now, wait until it is closer to 10-1 since silver miners are not producing enough to keep up with the paper market. Then trade silver for gold because it is easier to carry. 35 oz's of silver isn;t hard to carry unless you are very weak!

Yes double the price for a silver Eagle. Ut buddy seems to be in India. BUy small, real, silver coinage.

Last Edited by St Tidbits the Odd on 11/06/2022 03:40 AM

You can buy vodka with real gold in just sayin.

Where can I buy?!
The drunk will save the world.

There’s a few brands about comrade

Buy whichever you think is the tastiest.

BTW, when there's no more food to buy anywhere, I wouldn't give you a slice of bread for all the gold or silver you might have.

This is the correct answer.