Started By
Message

re: Should I buy silver?

Posted on 4/22/21 at 4:23 pm to
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80778 posts
Posted on 4/22/21 at 4:23 pm to
quote:

That didn't take long... YELLEN TO PROPOSE CAPITAL GAINS TAX AS HIGH AS 80% FOR CRYPTO TRADING - HEARD ON STREET

Link? I hope you aren't getting that from some random twitter account with a few thousands bot followers
Posted by Crawdaddy
Slidell. The jewel of Louisiana
Member since Sep 2006
18383 posts
Posted on 4/22/21 at 5:52 pm to
I’m selling 150 ounces of Apmex silver rounds this weekend.

Cash down on Btc Eth And or link. Decisions decisions
Posted by diat150
Louisiana
Member since Jun 2005
43553 posts
Posted on 4/22/21 at 6:02 pm to
My dad bought about $1000 in silver @ $18 quite a few years back when Bitcoin was around 1000 or 2000 each. Imagine if he had bought Bitcoin.
This post was edited on 4/22/21 at 6:03 pm
Posted by FredsGotSlacks
Baton Rouge
Member since Mar 2008
815 posts
Posted on 4/22/21 at 7:57 pm to
quote:

I’m selling 150 ounces of Apmex silver rounds this weekend.

Cash down on Btc Eth And or link. Decisions decisions


I think the odds are much higher that silver doubles to $50 before BTC goes to $100K but I’ll be happy with either outcome. I’d hold it a while longer or at least try to time your BTC position a little better but that’s JMO. You can Commence with the “have fun staying poor” reply even though I own some BTC
Posted by PUB
New Orleans
Member since Sep 2017
18222 posts
Posted on 4/23/21 at 9:04 am to
Worse asset class in the last decade and that is never going to change despite the fear porn lunatics pumping silver as being the most undervalued asset in history.
Posted by Crawdaddy
Slidell. The jewel of Louisiana
Member since Sep 2006
18383 posts
Posted on 4/23/21 at 9:08 am to
Even if silver doubles and hits $50, Btc will not be far behind.
I feel the difference is that silver will then be stuck at that new price for many many years. Btc however will continue to go up.

Just my thoughts
This post was edited on 4/23/21 at 9:09 am
Posted by FredsGotSlacks
Baton Rouge
Member since Mar 2008
815 posts
Posted on 4/23/21 at 9:24 am to
quote:

Even if silver doubles and hits $50, Btc will not be far behind.
I feel the difference is that silver will then be stuck at that new price for many many years. Btc however will continue to go up.

Just my thoughts

Completely agree, the upside in BTC is enormous but I think the short term fundamentals are way better for growth in PMs (silver particularly). If you’re positioned correctly for this in mid-tier and junior miners you will see 5-20X gains if the price of silver doubles to $50. Look at the historical gains when this happened in 2011 and 1981.
Posted by Statsattack
Il
Member since Feb 2013
3897 posts
Posted on 4/23/21 at 9:27 am to
you buy silver if you don't believe in the dollar
first pageprev pagePage 3 of 3Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram