It's not that bad of a time to buy silver

in silver •  7 years ago 

I don't really track silver day in and day out. This thing seems to fluctuate between $10 and $40. Pretty sure the whole market is actually completely manipulated. That said, right now seems like a pretty ok time to buy. I want about $1k in silver in my house. It's not much, but if the hard times come it will be something. Much more than that and I think it starts looking pretty impractical. Can't eat it. Can't shoot it. Can't make something with it. That said we're at a low price point for the past 5 years.

idk.
historical-silver-prices-100-year-chart-2017-05-14-macrotrends.png

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I just bough some silver last week because I think the price looks good too.

Consider the historical gold to silver ratio... Its a screaming buy atm.

It's a no brainer to store your hard-earned wealth in physical gold and silver instead of monopoly money.

Well, Silver has many industrial uses. It's also peaking as a result of how much of it we consume. So, if you're going to invest in anything, silver is a way to go. Bear in mind that the manipulation is only temporary and at some point will reach fair market value of about $150 dollars an ounce.