October 17, 2021

GIL

Daily Global New Media

10 Reasons I Bet My Life On Triple Digit Silver

1 min read

32 thoughts on “10 Reasons I Bet My Life On Triple Digit Silver

  1. why not invest in something whose value is not so effectively suppressed by paper manipulation? should i continue to bet against the global banking oligarchs who rig the system?

  2. My grandma bought her current house at the peak of the 1980 inflation highs for 73k; its now worth 530k. Silver you ask? Was $50 at the peak of its 1980 inflation highs, and is now worth half that! In fact, you will find NOTHING below its 1980 highs today. Silver an Inflation hedge? No

  3. LMAO GEEZ. GET SMART PEOPLE ..BUY GOLD…IT REFLECTS THE HEALTH OF THE FIAT U.S. DOLLAR AND THE DOLLAR IS DEAD IN A YEAR. GOLD WILL GO FROM 1800 TO 8000 IN A YEAR OR LESS ALL BANKS AND ELITES ARE SWAPING THEYRE USLESS DOLLAR OUT FOR GOLD AS WE SPEAK..WE ARENT GOING GREEN TRUST ME. THERE WILL BE NO HUGE DEMAND OR SHARTAGE OF SILVER. GERMANY WENT GREEN AND IT LASTED 2YEARS . ITS JUST ANOTHER MONEY STEALING SCHEME DESIGNED BY DEMOCRATTS TO BE ABLE TO TAX US TO DEATH ON CARBON AND LOCK US DOWN MORE

  4. @MikeMaloney Sometimes being seen as crazy is a great sign. Throughput the lives of my children I told them not to be normal. Because no normal idea has ever been awarded a patent. Only crazy unbelievable ideas/people can have the potential of making a big difference in the world.

    Art of Thought Solutions™ – The Anti-Virus For Mankind™. A set of non-religious, Logic & Ethics based solutions to some of today's most serious global problems.

    http://www.Strategist.me – 1of 600+ websites vandalized by the evil left. That’s why some links are broken. Ignore the 5 blue bars at the top of the page. They’re ads by the vandals. The rest of the page is safe.

    [[[ US Presidential Honor Roll ]]] 2018 President DT.

  5. When comparing price development of silver from 1980 to today in comparison with other goods etc., I believe it is misleading not to mention that in exactly 1980 the silver price was skyrocketing at 50 USD/oz due to manipulation . Both in 1979 and 1981 was the silver price below 20 USD/oz ( and for most part of the 1980’ies the silver price was around 5 USD/oz). To select 1980 as base year for comparison of silver price development is not providing good overview and clarity.

  6. All the comparisons seem to be made at 50 dollar silver that was briefly and extremely over bought, so I guess these comparisons are sell figures for extreme over bought conditions.

  7. Brilliant (as usual). A suggestion though: I think it would be more relevant to calculate the geometric average. As always, it is smaller than the arithmetic average, but the result is still impressive. If I am not wrong (I did it on my phone, very cumbersome), the result is $590, that is, 11.8x. Not bad either!

  8. As compared to the 1970s, there are a lot of alternatives other than silver or gold to invest in these days. Bitcoin and other high ranking cryptos for example. Land is becoming even more scarce. Tech and AI stocks. I'm not sure that gold or silver will have an explosion in relative value to other things.

  9. I read quite a few comments who in one way or another wrote " yeah, Mike, someday. " I will mention only a few facts that could speed that day to us. This hunta is trying to destroy the us dollar. They are enraptured with giving hard earned money to illegals, and people that don't want to work. "Social Infrastructure " with the price tag in the trillions of money we don't have. I 'm talking 3 to 6 TRILLION more dollars printed to accomplish these social woke programs. Plus, the greatest ( planned in my mind ) gift to absolute 11th century thugs of reportedly 83 BILLION dollars of high tech weapons. ( night vision googles, M1A1 TANKS , 3500 armored personnel carriers, BLACK HAWK HELICOPTERS, ETC. No one who is not totally batshxxt crazy would do this UNLESS they wanted to destroy the USA completely. So, I'm "banking" on holding hard assets. Except for bill paying money, I've removed everything out of the bank. WHEN the banks fail, THAT is the day silver and gold will pay you back. I only hope my Freedom remains. It is more precious than gold or silver.

  10. Im holding a large quantity of silver, that being said, they won't let it move up. We are rolling into an enslavement system not a silver breakout. Look at Australia… these QR codes will be the crypto payment system… they don't want the old world interfering with the new one.

  11. as a coin seller ,of course you tell the poepel buy silver ,you are so independent, last week i met a men he sell hair oil and he is shure that my hair comming bak when i buy his oil

  12. The primary problem is the lack of historical understanding of the world monetary systems by the general public.
    Mike is spot on.
    The secondary problem is the value of anything is based on belief systems. The current populace believes in cryptos and tech equities as the future value propositions.
    In theory, all of the world’s equity markets may never correct. Too much currency chasing too few assets, based on a consensus of belief. Only if and when those beliefs systems shift to PMs will PMs increase in value. Tough to change consensus of belief systems, without radical pain, like a grid down scenario. Or a financial collapse in debt, due to defaults, may do the trick, as well. Odd times.

  13. I like simple math. I heard a days wage when silver was money was 1/10 an oz of silver. Minimum wage today in Canada is $14.25 If we call a day 8hr we get $14.25×8= $114.00/ 1/10 oz silver x 10=$1140/oz Now assuming that is actual fair value( there is a lot of modern factors that could distort that. Best example is with an actual honest monetary system deflation could effect the value of a days labor) when Mike's spring is released it certainly wont stop there.

  14. I stopped watching when he said the real inflation was over $1200 instead of $175, you cannot puke out retarded numbers like that and expect intelligent people to still listen. That would mean minimum wage today would have to be over $49 dollars per hour… come on people… grow a brain and think for yourselves. I was here because I have 160 ounces of silver, now I feel like an idiot if this is what all silver investors think like.

  15. Sure, when an egg will cost 2,50 Dollar. But don’t think of Profit in that case. You will have at least inflation-secured money to spend while everyone else is struggling. Look at Venezuela. An ounce of silver buys three to four chicken. The same it buys in the U.S. I think. So you will not get more in a hyperinflation, but you will at least get something.

Leave a Reply

Your email address will not be published. Required fields are marked *

eighteen − one =