I've been hearing this "silver going vertical" nonsense since 2016. Had I invested the same money in 2016 into crypto that I invested in silver I'd be a billionaire by now.
Silver is more of commodity therefore it will never go ballistic. The higher it goes, the lower the demand as some other metal can replace its industrial use. This will keep it's price grounded. Gold is different because it's primarily an investment or hedge metal.
Did he say..."There "might be hope" that the gold to silver ratio would improve a bit?? Holy Sh let me sell my house and buy this POS silver investment.
Joe Mazumdar, what a guy!
Very educational questions . Tx.
I've been hearing this "silver going vertical" nonsense since 2016. Had I invested the same money in 2016 into crypto that I invested in silver I'd be a billionaire by now.
Silver is more of commodity therefore it will never go ballistic. The higher it goes, the lower the demand as some other metal can replace its industrial use. This will keep it's price grounded. Gold is different because it's primarily an investment or hedge metal.
i learnt a lot of inconvenient facts from this interview. you'd never hear that from management.
My investment guy calls silver poor mans gold. But he did just invest a little in silver so he must see something.
Yep, the Silver Rush is coming !!! 😋
And there's billions of poor people on the planet....so if they start buy a little silver with their pitiable paychecks.....
Did he say..."There "might be hope" that the gold to silver ratio would improve a bit?? Holy Sh let me sell my house and buy this POS silver investment.
Also back what you say or why even speak ???