The Long Game
I firmly believe that the current trajectory of printing unlimited amounts of fiat currency is unsustainable and will result in a Great Depression (or worse).
Because of this I invest in physical silver. However, I have tamped down any expectations of a price surge within ten years because I feel that the powers that be would never allow it to happen.
Our power is in numbers and the ability to purchase (and hold) large amounts of physical silver. In a true shit hits the fan scenario what would prevent the bullion banks and wholesalers from only supplying commercial silver needs and drying up the supply to ordinary folks like us? As we’ve seen the premium above spot for silver can rise a lot faster than the price of silver does. We’d be powerless of let’s say silver was $30/ounce but you couldn’t find any for less than $60 on the secondary market. Just a thought; I’m not going to stop buying while it’s cheap.
Posted Jun 23, 2021, 11:58 AM UTC
"This is the way"