The whole point of pmg is that it stays somewhat the same value. A dime will always just be a carton of eggs even after collapse, you will never become rich from pmg if you are not right now. If you have 1 oz the buying power of your oz will stay the same even under zimbabwe circumstances. The playstation 10 will cost the same in gold as the playstation 1.
Counterpoint: I disagree.This cannot be refuted.
>>61711979Just look at history, this is untrue. In the 1700s, people bought entire mansions with just a gold coin.
>>61711979But isn't a lot of silver consumed by industry and thus increasing its value?
>>61711979The PS5 used to be 33 ounces of silver and it's only 5 ounces now. And you can buy 10 PS5s with an ounce of gold.1 ounce equal an acre is very far-fetch, yeah. But it's no doubt silver is still undervalued and it's getting back to its true value day by day.
uhhh i just saw a dozen eggs for $0.99
>>61711981Fpbp
>>61711984thats just factually untrue. a gold coin is like two months salary in the 1700s. Not mansion priced. >>61712002the ps5 is at the end of its cycle,it was around 25 ounces of silver at those silver prices. >>61712010eggs are around a dime of silver in EU. >>61712001which also ups the prices of our consumer goods.
>>61711979obligatory stack sharing. not a no silver fud. silver has its place but dont bank on getting rich of it.
>>61712028tf u talkin about i could literally pay 50% of my rental income property off right now
>>61712019Let's say if they release the PS6 right now, they can even set $1000 as its MSRP price. That's still 10 ounces of silver compared to ~25 when the PS5 was new.The idea that precious metals uses are for reserving purchase power may be true, but silver's use as an industrial metal makes it an investment. Everyone knows there's a lot of manipulation to keep the industry going right now.I think buying silver is a bet that the paper silver system will fail, and the GSR will run upto 1:10 or even 1:2 because there's not as much physical silver as the paper says there are.TLDR; Silver is a real investment and will one day buy even more than what it can buy now.
>>61711979Lmao look at this coping Bitchud baggot
>>61711981OP's not wrong. That's exactly what has happened in Zimbabwe and Venezuela. We have real-world examples to look at.>>61712001Some, but industry is also very good at recycling when something becomes valuable. If they aren't recycling, then it's cheaper to extract than it is to recycle. There are also substitutions for most uses. The only reason it's used in solder nowadays is because of Eurotard envirowhackoism about lead; lead solder is actually superior to silver solder because it doesn't spontaneously form "whiskers" that short out circuits. Silver solder does that.Also, a lot of the /pmg/ talking points are completely retarded, like their one about nuclear reactor control rods. Incredibly enough, radioactive silver decays to nearly background levels after 10 years and can be reused in control rods at that point. If they're not doing it it's because it's cheaper to buy new than to bother clipping the tips of the control rods off.
>>61712061Mainly stocks (index and some stockpicking 85%) and PMG(5% folio) like 10% of my folio is crypto.>>61712055You might be right there is some truth in that, but I'd say over the long run not short term it will come down to being worth the same.This is not a hate on silver/gold this is just to get the dreams out of the way that an ounce of silver will one day buy you a big piece of farmland and another dime will buy you a housewife. youre ngmi with <100 oz
>>61712082whats your total portfolio value and why are you boomer/boglehead cuck at 5%
>>61712082> youre ngmi with <100 ozA rare rational anon post
>>61712096>t. 350 Oz stacklet who just hopes it turns into a significant down payment on a house (10 ounces of that too shelf yellow too)
>>61712165Meant to tag myself >>61712162
>>61711979This might be true if the comex and LBMA hadn't suppressed the price of Gold and Silver for decades. Couple that with the massive increase in industrial demand since both metals were last used as money and you realize there's massive room for profit.
>>61711979"LAND OF THE BRAINWASHED IDIOTS"
>>61711979The one-eyed man is king of the blind. A remonetization of silver and gold coupled with the collapse of the fiat dollar (both of which are well on the way) makes the PM stacker a RELATIVELY rich man. If all of your wealth is in dollar-denominated paper, you will be scrambling to get that silver dime.
>>61711979We're coming from a unique period where gold and silver are absurdly underpriced. Gold and silver have a steady purchasing power but it's been suppressed to artificial lows.If someone sold you a ounce of gold for $1, would you think "I bought this for for the price of a bottle of water, that means it will always be equal to a bottle of water"? No you wouldn't.
>>617119791 merc dime just flew over my house
>>61711979>he nevar boughted
>>61711979A dime used to be a days wages. (Ever heard of the danarius?) There is less available silver now and way more people.
>>61712055>That's still 10 ounces of silver compared to ~25 when the PS5 was new.The spot price of silver was heavily suppressed when the ps5 was new, so your price comparison is pointless.
>>61712028Sick peace dollars. Wish I had someObligatory YT vid if you haven't seen: https://youtu.be/oozCRhET744
>>61712055we aren't getting a PS6 for another 5-10 years now that the Xbox is basically dead and all computer hardware is being vacuumed up by AI, from what I hear all gaming is going to be cloud based and streamed to your local device in the future.
>>61713323Post the version where the woman is by herself and it says "MY SILVER" at $300
