I'm wondering if there's anyone out there who might have some advice in precious metals/investing.
Let's say I have a store of extra silver/gold/other precious metals that I want to use to actively invest and grow my wealth. Usually people buy precious metals as a hedge against inflation and for long term savings. But I'm wondering if I've overlooked a possible way to leverage the physical that I have already accumulated to make additional gains.
Other than liquidating my positions and using US dollars to invest in things like the stock market, real estate, start up companies, etc., how could I use my physical metal as an economic engine to create more wealth? Any thoughts would be appreciated! Thank you all.
Your friend, FamCore
You could use the silver gold ratio, swap your silver for gold when the ratio drops, then swap your gold back to silver when it rises to get free ounces of silver
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Hmm, you bring up a great idea. I will need to reflect on this more. Would that still be effective considering the premiums I would have to pay over the price of spot?
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its a long term game but 'Silver Slacker' does a great job of explaing it in this video
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Wait a little longer and you will be trading some of your metal for everything my friend, cheers.
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