Top 14 reasons to Invest in Silver
All credit to TruthNeverTold on Youtube.
He is very informed and has a strong grip of what is going on in the world.
Added: Oct-23-2012
By: KushCrush
In: Other
Tags: World, Forecast, Fiat, Currency, Depression,
Location: Earth, Texas, United States (load item map)
Marked as: approved
Views: 1436 | Comments: 46 | Votes: 0 | Favorites: 5 | Shared: 14 | Updates: 0 | Times used in channels: 1
By: KushCrush
In: Other
Tags: World, Forecast, Fiat, Currency, Depression,
Location: Earth, Texas, United States (load item map)
Marked as: approved
Views: 1436 | Comments: 46 | Votes: 0 | Favorites: 5 | Shared: 14 | Updates: 0 | Times used in channels: 1
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Guys, I don't think this guy is saying silver is valuable because it is rare. He is saying that it will have value as a currency. If there was a collapse, we would revert to labor for food, trade and barter. For the sheer simplicity of trading we are going to want a type of currency. Something that everybody values and trusts... paper and zinc coins won't do that. Silver would be the choice for daily transactions...
Of course, this is only if you're betting on the world falling apart :)
Posted Oct-23-2012 ByStovepipe (299.70) 
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Buy beef jerky and beer
Posted Oct-23-2012 ByMegadeth (1433.70) 
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I've been stacking Silver since the 2008 stock collapse. Best decision I ever made. I was never able to put away cash, so this was the only way for me to save money. I stopped buying shit I didnt need, stopped driving and rode a bicycle for the past 3 years. I've been able to save anywhere from $5k-$10k per year buying silver with every paycheck I get. If you want to buy gold, buy silver first. Watch the Silver:Gold ratio. Right now it is at 54:1. Buy 54 oz of silver rather than 1 oz of gold, wa More..
Posted Oct-23-2012 ByMarlboroMan (54.30) 
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I did the same thing bro. Just as a buffer if something ever did happen.
Posted Oct-23-2012 Byburntham113 (78.90) 
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@burntham113 - Good for you man. With just about 1 Billion oz of Silver available above ground right now, you are ahead of 95% of the worlds population. If every citizen in the USA bought just 1oz of silver, the price would explode into $100+/oz without a doubt.
Posted Oct-23-2012 ByMarlboroMan (54.30) 
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I'd rather invest in lead, so that when the system collapses, I can take your silver and everything else you own...
Posted Oct-24-2012 ByBen Cambone (354.20) 
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@Ben Cambone fukin A.
Posted Oct-24-2012 ByDCX (345.80) 
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I own 100oz.
Posted Oct-24-2012 Bykuiper (25.94) 
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Number 15......And Werewolf insurance.. cant go wrong with the investment.
Posted Oct-23-2012 ByReddevil2014 (307.90) 
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yeeeah, such a wide ranging and catastrophic collapse of currency but apple's still trying to produce ipads and less stinky socks are a priority ..... there's merit but "Turkish death scene" brand dramatic sell.
Posted Oct-23-2012 Byjeff37801 (16.40) 
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says the silver salesman...lol
all in all, invest in food and bullets. everything else is worthless.
unless it is 50 acres on high ground.
Posted Oct-23-2012 BySpeckFettGulag (1117.20) 
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@SpeckFettGulag
Oh yea, how are you going to buy those bullets and food ? With you worthless paper money?
Posted Oct-23-2012 Byjake3223 (61.20) 
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@SpeckFettGulag I invest in lead, copper, Hodgdon powder and Wolf primers.
Posted Oct-23-2012 Byxfer42 (233.18) 
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@xfer42 There ya go brother. On the right track. I hope we're neighbors.
Posted Oct-23-2012 BySpeckFettGulag (1117.20) 
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@jake3223 "bought" my good man. Oh yea, I'll be bartering silver shekels i'm sure. I do not mean to bust on the uploader, "i rape goats", in any way, shape or form. I was just being extreme and logical at the same time. Silver is good. I have no problems with the fine άργυρος at all. I actually prefer it's beauty to gold on a personal side note. In all seriousness, when the shit hits the fan, the bullets will decide who is holding the bag of loot.
Posted Oct-23-2012 BySpeckFettGulag (1117.20) 
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@SpeckFettGulag
i thought you were saying silver isnt a good move?? but if you already have it(like i do), then your right.
Posted Oct-24-2012 Byjake3223 (61.20) 
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Small pieces of junk silver are the way to go.
Get out of dollars by april of 2013!!!!!!
Posted Oct-23-2012 Byjake3223 (61.20) 
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@jake3223 - What happens in April?
Posted Oct-23-2012 ByMarlboroMan (54.30) 
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@MarlboroMan Scary Movie 5 is out I think
Posted Oct-23-2012 Byalbhull (129.00) 
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@MarlboroMan
the coming collapse!!
Posted Oct-24-2012 Byjake3223 (61.20) 
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Silver prices track gold prices.
Posted Oct-23-2012 ByTriode (473.50) 
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Overall yes, but they do fluctuate alittle more.
Posted Oct-23-2012 Byburntham113 (78.90) 
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@burntham113 Is there any reason why silver would alter it's price ratio to silver. I didn't look at the vids as they seem a bit like those emails "buy xxx stock now - price going up" etc.
Posted Oct-23-2012 ByTriode (473.50) 
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A few reasons. Back in the last silver spike silver rose in price even higher than gold did (% wise) mainly due to everyday investors preferring silver over gold. Gold is over a thousand an ounce, silver was only about $40. Since silver was more easily acquired more people bought it.
Posted Oct-23-2012 Byburntham113 (78.90) 
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@burntham113 Thanks.
Posted Oct-23-2012 ByTriode (473.50) 
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@burntham113 - Silver will always out perform Gold on the way up, but will fall more than gold on the way down. Buy and Hold. Never sell for fiat dollars unless absolutely necessary. I try to get about 10-20oz per month. I bought at $10, $15, $20, $25, $30, $35, $40, $45... gotta cost average everything... I've averaged around $28oz over the past 3-4 years. Right now silver is taking a bit of a beating, but its just a correction. $30 Silver will hold.
Posted Oct-23-2012 ByMarlboroMan (54.30) 
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ace ventura was far ahead of you.
Posted Oct-23-2012 ByMalte (11.20) 
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The guys an idiot - there is a vast supply of silver. Its currently overpriced and is just being bought by other idiots. If the world economy collapses its things like food and energy that will be the valued items not things like silver. Gold does have some currency because of its scarcity but silver - not a chance. There is a conspiracy to inflate the price of silver - beware its a con. True its currently an investment but make sure you get out before the bubble bursts.
Posted Oct-23-2012 Byddonn54 (98.30) 
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@ddonn54 - Silver overpriced? L.O.Fuckin L. Ok smart guy... whats the historical Silver:Gold ratio, and when did that change? 16:1 and it changed when Nixon removed the Dollar from the gold standard. With a ratio of 54:1 right now, silver has quite a ways to go (UP) before its "overvalued". Google is overvalued. Apple is overvalued. Silver will be worth more than gold when we get a free market again. Like everything, its supply and demand. 1 Bil oz of silver above ground to Gold's 7 Bi More..
Posted Oct-23-2012 ByMarlboroMan (54.30) 
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Oh gods.. I'm going to run for the hill's but first I need to buy some silver. /sarcasm
silvers price is very elastic, silver is a very common metal, it would take very little effort to flood the market with silver and drive the price back down to $5 a oz...
silvers use in electronics is way down..
its been replaced mostly by tin composites.
Silver and gold in consumer electronics has mostly been eliminated.
Posted Oct-23-2012 Bypiyoti (226.22) 
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@piyoti - Bullshit. Absolute and utter bullshit. The spot "paper price" may come down to $5/oz, but nobody will be willing to sell their physical silver onto the market after a 500% loss. They will hold it until the price evens out again. Gold and Silver in electronics is at its highest its ever been. The US military needs 14kg of Silver just to wire each Tomahawk Missile. When that rocket explodes, every gram of that silver is gone forever.
Posted Oct-23-2012 ByMarlboroMan (54.30) 
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I'm investing in a PipBoy 3000 and a Pop-gun. That's all I need for the incoming apocalypse
Posted Oct-23-2012 ByRowhan (139.40) 
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@Rowhan - Avoid the Enclave...
Posted Oct-23-2012 ByMarlboroMan (54.30) 
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