The Investment Opportunity Of A Lifetime and The Current State Of Disarray
In turbulent times such as the times we are living in, there aren't many investments that are a sure thing. Anything digitally related such as stocks or cryptos can be good investments, but at the same time are prone to digital attacks and in the case of stocks especially, you are really relying on a third party who is holding those stocks for you. In a total crash people may not have access to funds right away or be able to buy or sell or to withdraw money to their bank accounts. As is the case with banks. In a situation where hundreds or thousands of people are trying to withdraw their money at the same time, people will only be able to get a small fraction of their money as the banks only have a limited supply, the rest is basically imaginary digital money. This is where the investment of a lifetime will come into play - when people realize our money has no real backing and want something with substance, and that something is silver. Listed at only 16.58 per ounce at the time I am writing this, it is absolutely absurd how cheap silver is. Throughout history the gold to silver ratio has averaged around 47 to 50. What this means is gold is typically around 50 times the price of silver. Currently the price of gold is 74.9 times the price of silver. This means gold is priced at least 25 times higher than usual in comparison to silver, so if history repeats itself like it usually does, either the price of gold will come down drastically or the price of silver will gain some ground in the near future as both metals likely rise. With the current drama unfolding around the world and political uncertainty combined with what looks like a bubble in the stock market and overvalued stocks, dont be surprised to see people start flocking to precious metals. I am currently moving a good amount of funds out of the stock market to start stacking various precious metals, mainly silver, and will be doing follow up posts with pictures and maybe a video. I am also currently investing in some cryptos as well and will touch on that in another post as well. In the mean time I would start looking into precious metals if I was you, mainly silver. The price only has room to go up! 1000 dollar ounces in my lifetime? I think so for sure, thats being conservative, and see at least 100 dollars by 2020, possibly much sooner, it was just in the 50s in 2011. A great site for ordering bullion and where I ordered a few years ago is Texaspreciousmetals.com. Next day shipping, insurance on packaging, and free shipping. Check it out and have a good weekend people!
Very interesting
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