WOW! What a gift this is. Silver is so cheap right now. EXCELLENT time to buy. The only reason for the drop in the silver price is due to a blatant manipulation by Banks/Comex/Federal Reserve. What happens is that the Comex (official gold and silver price setter) sells paper contracts into the market and the selling pressure brings the metals down. However if you look at the paper contract holders then you will know that Silver is highly manipulated. A Paper Silver Contract is 5,000 oz of Silver Bullion. Who owns these paper silver contracts? Banks, investment firms, rich individuals, governments, and the like. The problem is that around 300 paper contract holders own the same 1 paper contract. If any of these individuals want their physical silver then the market will rapidly turn around and shoot up. BECAUSE, the COMEX does NOT have the silver it has sold as a paper contract. Scary? Now is the time to buy. You will make out like a bandit in the near future. SILVER in my honest opinion is better then crypto. Its reliable, Its REAL, Its MONEY. Buy it on the cheap. This is my honest opinion. Good Luck in your decision making. It's really a No-brain'er.
(image off of google imaging)
Miners are tempting, but they have counterparty risk. Silver is the most undervalued asset on earth today.
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i am Buying actually!
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miners are better more leverage
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I would rather have the physical. No gamble. Good Luck.
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I'd actually agree with you here but obviously this is more of a gamble. I hold physical - not as much as some but a respectable amount nevertheless. Physical silver could go up x10 easily, but mining stocks have greater upside IMO
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I agree the miners do have much more upside potential. Just been burned before with miners so I'm just patiently waiting. No stress. Good luck however.
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Yes been scorched myself. But that part and parcel of it all. I continue to buy stocks because it's easier to flip when needed but would always advise people to hold the real deal also!!!
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Lets do a crowdfund to buy all the SLV in the comex and then we will see what happens to the price!
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I agree. Thanks for the intel.
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Love these low prices! I placed an order yesterday. Thx for the post, I'm gonna follow ya now. Pls check out my blog i'll be showing my gold and silver going forward. Cheers
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My wife wants to look at a tax sales property this week but I am telling her we should but Silver. We agreed to decide together. I said ok I will check out the property if she joins Steemit
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I also think phisical Silver will be going to the moon soon
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The crooked bankers are giving us a gift. Expect a reversal in the near future. All manipulations end. The Creator has rules in place for everything and things always revert back.
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I agree, I have been in the game for a while now. Saw when Silver hit $40 (per troy oz) and then declined to where we are now. Real question is... what happens if all people pull at the same time? Sounds like a crappy hand of solitare... the cards just are not there.
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