The Long Game

Question

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

555
tothemoonandback01Silver Surfer 🏄•

"This is the way"

6
Swallowtail13•

Holdin on

5

While I think you are correct that the powers that be will do everything in their power to keep the spot price down, I think you underestimate the possibility of a surge in price. Since silver is mostly used in industry, there is really nothing they can do to stop a price increase once enough apes are buying and holding silver. The total annual supply of silver can be bought for $26 billion at the current price, and between industrial uses, jewelry, and typical physical investment, there is not much leftover. Also, there are barely any silver reserves held by governments that could be used to flood the market and keep the price low. Silver is rare and cheap and useful. Deadly combination.

5
Super_Silver_Man•

🦍💪🏽💎🙌🏽🚀

4
Its_Our_NWO76•

KEEP STACKING!!!!

1