I am about silver due to its intrinsic value. I can make life saving medicine with my silver bullion. I do not mean hypothetically, I can MAKE it, and I can teach ANYONE how to do it. Cheap, simple, effective antibiotic, antifungal and antiviral. Most people do not even care, do not want to know how to make it and will freak out when they find out they might turn blue if they make it and / or use it wrong. Truth be told, I do not use what I can make, I buy top quality stuff that will not turn me blue. But if SHTF, I will be a 1 person hospital. THAT is real value, and what is that worth to you? If the day comes there is no doctor, no clinic, no ambulance, but YOU can make the medicine your family needs, what is that silver worth to you?
OK, that is why I do not care what dollar value people put on it, when I have enough extra to "invest" in anything, I pay the current price for silver. If the day comes that silver is fairly valuated, it will be because the dollar has finally devalued, so why try to price a precious metal in terms of a devaluing currency?
A measure I find more useful is the gold to silver value ratio. Silver ought to be about 16 ounces per ounce of gold. When THAT number gets close, it is time to stop buying silver. Right now it is about 79 to 1.... a BARGAIN.
Silver is much more rare than gold, and is being overused. I think I'll start gifting my children silver and gold jewelry.
@fishyculture, I had to google search what you were talking about 😂😂😂BUT now I know that silver has anti bacterial properties - I'm def adding that to my emergency kit (after serious research on how).
:)
I LOVE when I can turn someone on to something awesome. I use Sovereign Silver brand, I am not a sponsor for them or anything I just think they have a top quality product. We give the kids silver for Christmas and birthdays, my oldest grandson calls the "big money." That amuses me endlessly lol!
I am about silver due to its intrinsic value. I can make life saving medicine with my silver bullion. I do not mean hypothetically, I can MAKE it, and I can teach ANYONE how to do it. Cheap, simple, effective antibiotic, antifungal and antiviral. Most people do not even care, do not want to know how to make it and will freak out when they find out they might turn blue if they make it and / or use it wrong. Truth be told, I do not use what I can make, I buy top quality stuff that will not turn me blue. But if SHTF, I will be a 1 person hospital. THAT is real value, and what is that worth to you? If the day comes there is no doctor, no clinic, no ambulance, but YOU can make the medicine your family needs, what is that silver worth to you?
OK, that is why I do not care what dollar value people put on it, when I have enough extra to "invest" in anything, I pay the current price for silver. If the day comes that silver is fairly valuated, it will be because the dollar has finally devalued, so why try to price a precious metal in terms of a devaluing currency?
A measure I find more useful is the gold to silver value ratio. Silver ought to be about 16 ounces per ounce of gold. When THAT number gets close, it is time to stop buying silver. Right now it is about 79 to 1.... a BARGAIN.
Silver is much more rare than gold, and is being overused. I think I'll start gifting my children silver and gold jewelry.
@fishyculture, I had to google search what you were talking about 😂😂😂BUT now I know that silver has anti bacterial properties - I'm def adding that to my emergency kit (after serious research on how).
:)
I LOVE when I can turn someone on to something awesome. I use Sovereign Silver brand, I am not a sponsor for them or anything I just think they have a top quality product. We give the kids silver for Christmas and birthdays, my oldest grandson calls the "big money." That amuses me endlessly lol!
Love your philosophy and thank you for this long comment ;)