The fact that silver can be bought for under $20 an ounce, blows my mind. When you compare silver to the price of other assets, such as stocks, bonds, real estate, etc., it becomes obvious it is undervalued in relation. When you consider all of the economic and geopolitical risks around the world, it becomes obvious that silver, a safe haven asset, is severely undervalues. Finally, when you take into account the fact that silver mining production is decreasing, despite the fact that billions of ounces of above ground reserves have been, and are currently being depleted, over the last few decades, the question is raised: Why haven't you bought silver yet? The most undervalued asset in the world.
Silver: The Most Undervalued Asset in the World
8 years ago by silverfortune (52)
$0.79
- Past Payouts $0.79
- - Author $0.64
- - Curators $0.15
23 votes
- + fyrstikken: $0.396 (1%)
- + bullionstackers: $0.209 (100%)
- + dantethegreat: $0.030 (100%)
- + onealfa: $0.029 (100%)
- + edb: $0.028 (100%)
- + accumulator: $0.018 (100%)
- + alexpmorris: $0.015 (26%)
- + hammaraxx: $0.012 (100%)
- + jdawg: $0.007 (100%)
- + newprepper: $0.006 (100%)
- + sflaherty: $0.005 (100%)
- + theswede: $0.005 (100%)
- + amrizal: $0.005 (100%)
- + racryptospace: $0.005 (100%)
- + famcore: $0.004 (100%)
- + brendanwenzel: $0.003 (100%)
- + trusilver: $0.003 (100%)
- + urs: $0.003 (100%)
- + silverfortune: $0.003 (100%)
- + silversaver000: $0.003 (100%)
- … and 3 more
Follow for now
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks! You look like one of the bigger precious metals accounts on Steemit.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You like it?
I give you more upvotes
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Always happy to find like-minded individuals out there.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I agree that this is one of the most undervalued assets in the world today. A few months ago, I thought it was THE most undervalued asset. Now I think the most undervalued assets in the world are some of these cryptocurrencies. I believe that we will all be amazed at how high the value of several of these coins goes in the next few years. And they are much less prone to manipulation which is the very cause for the current value of silver.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
....so right you are....but a lot of people cant see it until its to late......i love my 1oz Koala,Kangaroo,Kookaburra and Lunar coins from the Perth Mint....
see what will happen.....
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hey @silverfortune, glad you are here! I have watched and enjoyed your YouTube vids. Thanks for following me! upvoted and followed
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
No problem, I actually saw a post of yours recently on this very topic!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
When the whole Internet and electricity would disappear with fiat previously replaced by cryptos, we will need it desperately. Metals have eternal life!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @silverfortune! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honnor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPIf you want to support the SteemitBoard project, your upvote for this notification is welcome!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
So well said I had to follow...I agree, silver is the underestimated, undervalued precious metal of the century, but soon my friend these things will be needed and valued so I suspect a change in the trend soon enough. Great post, definitely following to see what more you put out there
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Gold, platinum, & palladium are so expensive, but also have suppressed asset prices due to COMEX and the paper certificates that don't have the physical to back them up. I also love those precious metals as well, but silver is a whole new ballgame to me.
Its affordability is mind blowing! Trying to take advantage of it while I can :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The fact that silver's demand will be growing along with the world debt will double in the next eight years. silver is a very good asset to purchase.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It's a no-brainer. In 1940, the U.S. government had roughly $43 billion of debt, and 3 billion ounces of silver. Today, it has around $20 of debt, and around 7 million ounces of silver. That shift, from physical assets to a mountain of debt, tells me that silver is a great asset to own.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit