It isn't particularly dangerous because the price of silver is pretty stable and will never go to zero. I wouldn't go long in it right now because the current price is quite high compared to its historic average and its average for the past five years.
The silver price has been artificially suppressed by market manipulators using paper/ETF silver. The real price of silver is probably around $125 to $200 when you compare it to the historical ration to gold of 1:15 to 1:10, respectively. And that's assuming gold hasn't been suppressed, which it absolutely has been by central banks.
This is dangerous, I'm not the smartest when it comes to stocks, but wouldn't this hurt everyone? Silver is used in a lot of stuff we buy.
Killing off the tidal wave of shorters will be very beneficial in the long run.
Pearl clutching does not become you.
It isn't particularly dangerous because the price of silver is pretty stable and will never go to zero. I wouldn't go long in it right now because the current price is quite high compared to its historic average and its average for the past five years.
The silver price has been artificially suppressed by market manipulators using paper/ETF silver. The real price of silver is probably around $125 to $200 when you compare it to the historical ration to gold of 1:15 to 1:10, respectively. And that's assuming gold hasn't been suppressed, which it absolutely has been by central banks.
Well, the historic average for silver going back 100 years is somewhere between 10 and 15 bucks.
cant lose if you fill the chopper with actual silver instead of paper !