Why I DON'T Invest in Silver

in #threespeak5 years ago (edited)

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In this clip from my most recent livestream, I explain why I don't invest in silver, and how Plan B's stock to flow model has shaped my opinion of silver as a store of value.

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Don’t give up on silver ,the gold silver ratio at the moment is very high and I don’t think the is as much silver as people are lead to believe and if you look at the mining I think the gold silver ratio is about 8-1 although it is up to the individual to decide. Thanks mike

#SILVER

One of these is not like the others...

Silver is the most undervalued asset on the planet, in my humble opinion

Silver will be gold on steroids

When institutions decide to increase allocation to this sector, quality junior silver mining stocks will go absolutely nuts

Wow, I’m surprised. Everyone should have some physical silver. Cryptos is good but it’s all speculation right now. Silver is freakin rare 🤑

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But it has an inferior stock to flow to gold :(

Design your own silver lining 😎

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Yes! 🤑

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I don’t know why you’re so hung up on silver not being an investment. It is an investment. Yes ! Silver for solid start for investment and solid investment on long term.

The price of silver has been kept so low for such a long time, that silver is now an investment. Most of silver is being consumed in industry. Silver in now an investment of a life time.

By definition, Investment:
noun
“The investing of money or capital in order to gain profitable returns, as interest, income, or appreciation in value.”

So, by definition, the appreciation in value” part of silver most definitely makes it an investment. Anything you put money in, with the expectation of appreciation of that investment, or selling it down the line for a profit, is an investment.

You need Silver!!!!!
20191007_215434.jpg

And not just pretty coins like these, the uses will far out strip gold in the future. It is used in loads of stuff from medical bandages to most technology and a million other things.

Silver really is the metal equivalent of WD-40

Honestly I'm not sure why anyone would consider silver as an investment. Can someone enlighten me?

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It has many uses, so there will always be demand stemming from utility. But it has a way larger annual flow than gold, which is why I think gold is the better store of value

Historically gold also has lower volatility. If I wanted a long-term store of value I'd probably go for gold, myself.

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@louisthomas, In my opinion i don't see Precious Metals just through Investment aspect.

I think that Precious metals are kind of Source Of Energy too and we can see this picture in Historical Documents too.

Good to know about your perspective towards silver and definitely Gold is the king in every aspect. Stay blessed brother.

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not interested to invest in gold/silver. I'm seeing bitcoin as a better store of value

Hmmm, i know nothing about investing in metals. Guess the only thing i know about them was from the introductory video series of Maloney in YouTube

Silver certainly loses prestige with gold. I think people still hold sparkling gold.

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