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42,072 Views • Oct 25, 2022 • Click to toggle off description
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#silver #investing
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Uploaded At Oct 25, 2022 ^^
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RYD date created : 2024-02-23T02:18:42.684232Z
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YouTube Comments - 60 Comments
Top Comments of this video!! :3
Silver is different than gold. It is an industrial metal and isn’t held by central banks. It has only exploded in value twice, and both times fell back down pretty quickly. Silver is kept low because it is so widely used in industrial and technology products. Gold is mostly held as jewelry, as fashion and a store of value, and other than jewelry it is mostly held by banks and private citizens as a store of value. It is used in industry but it is less common than jewelry and central bank holdings. The two metals are less similar than people seem to grasp.
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I'm aggressively buying.
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Don't want silver to go up, still trying to buy buy buy
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Rates won’t start coming down for a few years
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If gas prices surge higher, silver will go up... along with the feds rate cuts and treasury yields. The lowest I think it can go is $20 per ounce, which would be another perfect time to buy more.
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When dollar is weak only makes sense that there will be more demand for gold and silver. Bitcoin isn't a real asset.
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First---Thank You Sir.
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Wow ty
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Sir! I KNOW they're not all that much silver (so not the best stacking material), but what do you think about Maria Theresa Thalers? I got a bunch when I lived in Ethiopia as a kid (they were used like regular money) - and again when I was in Iraq with the US Marine Corps. I just love them because they're so big & beautiful.
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Not necessarily!
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Just wait for that pivot... thanks!
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Love kyosaki respect for listening to his advise
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Great advice man
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I'm sure if this was true the price for silver would react to the bank of England. But nope. It's not connected to the dollar at all. The relationship is not opposite or related. I stack, but this isn't the mechanism.
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Life comes at you fast, from bank collapses to rising conflicts and the looming 2024 recession. Ditched cash for gold and crypto; my portfolio's thriving.
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Silver and gold haven’t been following the usual teeter totter of the U.S dollar for a little over 2 decades. Getting almost impossible to predict anything with precious metals nowadays. Buy lithium, cobalt and nickel stocks in mining companies. Probably do alright, at least match interest rates so you don’t lose all your money.
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Spend your grocery money on silver!!!😂
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I’ve noticed that, I’ve seen it play out many of times. DXY vs Silver
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The sad thing is that yes, your silver, gold and BTC will go up. But you won't be able to buy more with that stuff.
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@keeganbrown9967
1 year ago
Too bad as the cost goes down the premiums go up. Either way you're paying well above spot price.
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