Invest now.

Discussion in 'Social Place' started by Shadowprophet, Mar 19, 2020.

  1. Shadowprophet

    Shadowprophet Truthiness

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    3,562
    Silver Price Per Ounce $12.23 0.28

    I know everyone has greater worries right now But it's times like this when smart people invest. I am a financially minded person I know times are difficult right now, But a wise person would invest in silver and gold within the next week. I mean you can risk it, If times get bad enough, Silver may hit five dollars an ounce, But honestly, it's time to pounce on some bars.

    I won't bug you guys too much with this. I'm just throwing it out there.

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  2. Kchoo

    Kchoo At Peace.

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    2,323
    Meh...

    What good is gold. You can't eat it.
    1500 an ounce is over valued... it's just metal.

    Silver is fun to play with. Everybody should have a 5 ounce silver bar. Put an ice cube on it and watch it melt like butter. Hehehe.
    Silver is a great conductor, so it slices through ice. Hehehe.

    It might be fun to have 5 ounces of silver and 1 gram of gold so you can demonstrate the wide disparity in value. Hehehe.

    If gold gets down to 500 an ounce, I might buy some... but probably not...
     
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  3. Shadowprophet

    Shadowprophet Truthiness

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    3,562
    You aren't thinking far enough ahead. let me show you something.

    [​IMG]

    This is the price over silver since 1970 in 1970 silver was 50 cent's an ounce. in January of 1980, it was 49 dollars an ounce. It fluctuates, But look at that chart. Overall the price of silver has just risen. Trust me, Buy silver and the value is only going to go up over time. And trust me, if you buy it right now for twelve dollars an ounce just as soon as the stock markets open back up It's going to do what happened in the '80s then it's going to rest at 25 dollars an ounce and stay there.

    And, Since you did ask, Yes, You can eat silver, Highly unrecommended, But it can be done.

     
  4. Dejan Corovic

    Dejan Corovic Noble

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    677
    Actually, I would rather buy some S&P 500 stocks.
     
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  5. Shadowprophet

    Shadowprophet Truthiness

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    3,562
    I used to mess with stocks here and there. I've found the precious metals market to be more stable over long periods of time. By that what I mean is, When I leave my grandchildren an inheritance. plus? Can you really Buy S&P stock?

    I had no idea, That to be honest sounds like a really wise investment, I just didn't know you could buy into that.

    You mean stock from S&P or like actually buy into S&P? Cause yeah, I would do that literally today lol
     
  6. Dejan Corovic

    Dejan Corovic Noble

    Messages:
    677
    It would make sense hoarding silver in a small units of weight. that's in case this crisis goes for too long, so one can buy necessities. But in long term, stocks will have better returns than precious metals.
     
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  7. Shadowprophet

    Shadowprophet Truthiness

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    3,562
    I grant you that, With precious metals, What one does is buy when it bottoms out, and sell when stocks rise, With precious metals, if you aren't doing it for reselling it's just wasting money. Because If the economy truly does collapse gold and silver will be worth nothing.
     

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