Long Position on Silver and Gold?

I seriously thought all indicies would be lower today.

During the siege of Stalingrad the gold to silver ratio was out of wack due to the weight of silver compared to gold. When people flee danger or oppression they travel light and gold is much easier then silver to carry.
I'm reconsidering my holdings of silver due to the current police state and the building of barriers to hinder my travel.
The population as a whole are to young to remember when silver was actually used in coins and the dollar was a silver certificate.
For some reason gold is always a attractive metal.

Precious metals will suffer the same fate as Bitcoin for the same reason. If people aren't used to using it as currency, then it just becomes another futures commodity.

I doubt if the favorite commodity of trade between nations will suffer the fate of bitcoin.
Gold has thousands of years of use as a store of wealth and a means of exchange. Ask Isaac Newton.

I absolutely agree. I'm saying that if one wants to hold gold for value, the way to continue its value is to actually spend it. Everyone loves diamonds, but there is no secondary market. Gold has many markets and people should be reminded.

Jewelry is a good reminder. Most of Asia and India understands the concept.

There's a huge difference between precious metals and bitcoin. For one thing, silver and more especially gold have value beyond jewelry for their chemical properties. Even if someone comes up with a way to produce more ostenatious bling at a cheaper price, that bling will never replace the need for silver and gold in electronic applications.

I?m banking on the future of crypto?s. Well maybe not banking. More like speculating I guess. I do think the concept has a lot of promise. It?s actually implementing the concept that is going to be problematic I think. I?m sitting on what I have for the long run and we?ll see what happens.

Gold silver ratio is what some investors look at. Buy silver to start, then when ratio is favorable trade silver for gold. Gold is the end game. Secret about gold, you have to have it to cover an astronaut face shield. It is also important in the building of spacecraft that can go faster than the speed of light.

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Buying one metal with the plan to sell or trade it for another metal will eat up your capital in fees.
If I had a dollar for every astronaut face shield could I buy a Glock?
Silver is heavy. Consider $15.000.00 of silver is more then you want to carry across a parking lot.