So many silver threadsSome say it's over valued, some under valued. What's the thesis? What's the hard facts?Should I buy a kilo bar? Or a whole 500 piece box? I'm a gold and BTC maxi. Some money in SPY and XLM though.
>>61563448They said the same thing when it dropped from $54 to the low 40s. All I know is that I've owned silver for the past 4-5 years and it has only gone up and increasingly so as of late.
>>61563448I think China's export controls are a cool idea. It will be interesting to see the downstream effects as they materialize.
>>61563464>it has only gone up and increasingly so as of lateOk so that's a good reason to diversify next to my gold.What's a good amount to buy? I won't say how much gold I have though, but it's mostly US buffalos because they're pure. I have 0.757 BTC and about $50,000 in SPY.
>>61563495I don't know. It seems like silver is the short-term winner.Also, so far as I can tell, Bitcoin follows the debt cycle because it is a debt driven reflexive narrative loop with a Q4 top range every 4 years and a Q4 bottom range every other 4 years.BTC timeline -Tops: Q4 2013, Q4 2017, Q4 2021, Q4 2025Bottoms: Q4 2014, Q4 2018, Q4 2022, Q4 2026Provided that this "dump" on silver doesn't continue into next year, I'm assuming it'll keep going until late-2026 and then taper off, after which rich people rotate back into crypto.
>>61563536>loop >cycle>rotateI just buy and HODL man, that's kinda beyond me
>>61563565Ok. Well, the rich don't get married to their bags except for old money who keep stacks of gold and silver from centuries ago.I wouldn't by anything more or less than 1kg silver bars, maybe 5kg if they're from one of the reputable brands. Maybe get up to 1 BTC later this year assuming it keeps going down.
>>61563448you should NEVER put "investment money" into non-monetary industrial commodities unless you have >a good understanding of the market>insider info >almost infinite money, so you gamble until you either win or the bank collapses silver had a moderate ratio to gold UNTIL it became an industrial metalnow it behaves like copper, with external demand from its monetary usesgold is better because the industrial demand is orders of magnitude lower than its monetary demand