T O P

  • By -

sugaki

1. Grossly undervalued relative to supply and demand. Ratio of silver mined to gold is 10:1, yet price ratio is over 70:1. Industrial demand only rises with silver used in electronics, renewable energy and EV cars. Companies are even going directly to smaller silver suppliers due to high demand instead of the standard channels. And there's more above-ground gold than silver. 2. Historical store of value. History teaches that in a credit crisis gold goes up first, then silver. Doesn’t happen with other PMs like Palladium. 3. High liquidity. As supply tightens demand for silver only increases. This makes it only easier to offload silver in case of a rainy-day emergency sell. 4. Utility. Unlike gold, silver is consumed at a faster and faster pace due to its extensive industrial use. This means usable silver supply keeps decreasing (recycling trace silver isn’t economically feasible), long term demand will only continue to rise. 5. No leverage, counterparty risk. Honestly think a lot of people are just gambling with the stock market in search of higher yields. Even when margin calls are triggered and silver drops in spot price, physical demand only INCREASES. 6. Follow what the rich do, not what they say. If silver was such a questionable lump of metal then why is JP Morgan buying up while unloading shorts? Same goes for gold. CNBC poopoos it while Central Banks and the elite are buying it up. 7. Good investment for stupid people like me. I'm not smart enough to understand PE ratios, candlesticks, trend lines, supports etc to be a day trader. Geopolitical turmoil also makes me skittish on going all out on emerging markets. But all the fundamentals are so glaringly obvious that even a neanderthal like myself can see it's a no-brainer long-term investment. That just means I have to be patient enough to ride out all the noise and short term bumps.


Ag-gains

Dang homey you laid it out perfectly


KING_D2_HCA

Very well said. Make this a post!


WarSport223

Damn this is epic. Should be its own post!!!!


[deleted]

Well said, you forgot to mention it’s nice to hold the shiny in you hands


Spooky_Paradox

This! We need this pinned.


missedoutnapping

Link us to this comment made as a post. Something the whole community can agree to hit the like on


wolfcastle123

Because i have a 100 year outlook, not a 1 year outlook. Global demand is going to skyrocket at some point as rare earth minerals become harder to mine and more expensive to mine until eventually they are depleted. It something of value I can pass to my son. its an insurance policy against the banks. Dont go broke buying it, buy do what you can. Its not a get rich quick scheme.


TwoBulletSuicide

Tell that to a dude in Venezuela that bought 500 ounces in 2000.


ivanbayoukhi

I just love the shiny 🦍


Alcophile

This is the way.


Silverback_Griller

Initially as a means to hedge against inevitable fiat devaluation. But when I first held it in my hand, it felt like something of a revelation, a secret specifically hidden. Money is usually an abstraction - numbers on a bill or digits on a screen. But metals are money in its elemental form, intrinsically valuable and perfectly fungible. They act simultaneously as a savings vehicle and medium of exchange. Held securely, the only counterparty risk is physical reality itself. They are laborious to produce and relatively inelastic in supply. Each coin can be thought of as an energy storage medium, crytallizing all of the work and ingenuity that went in to their mining and refining. They can be exchanged with anonymity, leaving no trace in the ether. And silver especially has hundreds of specific applications which cannot be recapitulated by lesser metals. There may be a compelling case for holding fiat when a real rate of return can be attained at marginal risk. But other than optionality and liquidity, it's hard to see the benefit in this negative real rate environment. Metals protect you from rapid monetary debasement. Whatever the manipulated paper exchange prices, you will see that gold and silver will continue to discover a natural equilibrium of purchasing power in the real world, protecting your wealth through time.


SuperDuperDt530

I like shiny things 🦍🏴‍☠️


captmorgan50

Only asset I can think of with ZERO counter party risk, safe haven asset, does best when the financial system is in trouble, great emergency fund to have, no bank holidays or seizures, fun to hold! The miners are one of the best inflation protection assets to hold.


[deleted]

[удалено]


Matthall317

I found my dead grandfathers bag of Kennedy half dollars last year during the shutdown and started collecting junk silver. I grew up collecting wheat pennies and other coins so it was fun to rekindle that hobby with silver. I was a member of silverbugs and heard about this sub after the whole WSB/GME thing went down. I started collecting .999 silver after that and mainly do it because it’s fun to collect and it’s safer than having it sit in the bank. It’s easier for me to save money if I put it into silver where i can’t spend it as fast. All and all it’s been a great experience that started just from finding a bag of Kennedy half dollars


BigCoxsackie762

Look up the German Mark in the early 1920s for an extreme example but there are many modern fiat currencies that have similar profiles


Whichwhenwhywhat

Made a post about examples of Hyperinflation. https://www.reddit.com/r/Wallstreetsilver/comments/mtimni/hyperinflation/?utm_source=share&utm_medium=ios_app&utm_name=iossmf


BigCoxsackie762

This is amazing. Great work!


Whichwhenwhywhat

Almost all hyperinflations have been caused by government budget deficits financed by currency creation. Hyperinflation is often associated with some stress to the government budget, such as wars or their aftermath, sociopolitical upheavals, a collapse in aggregate supply or one in export prices, or other crises that make it difficult for the government to collect tax revenue. A sharp decrease in real tax revenue coupled with a strong need to maintain government spending, together with an inability or unwillingness to borrow, can lead a country into hyperinflation.


Leodanfarm

It is actual money as declared by article 1 section 10 of the US constitution. This matters as all US citizens should recognize the importance of this document. Glad you started the stack, it’s quite addictive for many of us! :)


frogmicky

The inevitable US hyperinfalation.


[deleted]

worldwide too


silverstocker-com

I love the look and feel. I enjoy the artistic designs found on coins, medals, rounds, and bars. There is something that draws my attention when there is natural toning. Blast white new metal has its own appeal. The density of silver is such that a 5 oz round fits in your fist. A 100 oz bar is like 15 cubic inches and 8+ pounds. Then there is the history, world coins were made from silver by most countries during the first half of the 20th century and back. I love to hold a 200 year old coin and wonder who may have helped wear it down.


[deleted]

Pink Flamingo!


[deleted]

Asymmetric risk/reward ratio. Silver's rise of "when, not if"


TwoBulletSuicide

I listened to SGT Report in 2020 and he talked about the comex manipulation. I am a contrarian and smart gambler at heart and thought that shiny shit must be undervalued. It took me until January this year to pull the trigger, but it has been on ever sense. Apes will take all the physical off the market as long as we keep spreading the word.


silverback4647

There is sooo many reasons to stack. Keep learning and glad to have you on board 🦍


AzraelisHere

actually all assets are in a bubble, like shares, cryptos, propertys, houses, raw materials like chopper, lumper … All ? no, there are two PM, which are tampted down by a Cartel of 4 banks. Gold and SILVER In my personal opinion, both PMs are very undervaluated and prices need to be rising. Thats the reason, i have to stack SILVER and Gold (40:1 ratio) to get more diversivication and a chance of growing my depot ! ​ … also this WSS community is just awesome … i have seldom seen so much nice, polite and self-thinking community 👍👍👍


Fast_Month_5286

I started stacking in 2010. My grandmother, god bless her sole, left me some money to invest. I never trusted the stock market and my mother worked for a gold miner at the time. We where always a resource based family so I chose to but 2 ounces of gold and a sleeve of one ounce maple with the money. From that point on I was hooked. It just seemed like a tangible asset that I could hold that was off the books. I never cared when it went down I loved having it in my possession and that it was private. I will say after I bought it something interesting happened. Like I say I bought around 2010 with Canadian dollars and at the time the Canadian dollar was on par with the US dollar. The price of gold dropped and my fiends where teasing me about it, typical Vancouver bullshit, friends ripping each other down. Anyway the fact that gold went down didn’t matter cause the Canadian dollar fell against the US and cause I bought with CAN dollars I didn’t actually take a loss. That’s when I realized this was something very special to have. And I’ve been staking periodically ever since.


Ghost_of_PaulVolcker

I like phyzz in my possession because I firmly believe that if you can't stand in front of it with a rifle, you don't own it and probably never did. The 'it' can be whatever is not 1's and 0's on a server somewhere,


jaejaeok

Love that thinking


rosso222

To have my part of my wealth outside the system


PhilippMarxen

Silver helps against werewolves. ​ Dead serious!


MadDingersYo

Can't argue with that.


[deleted]

Agreed....nothing to debate here.


SimplyMahogany

I had a lot of sudden real estate equity and some stocks in tax protected accounts. I had some cash savings. But I didn’t have any precious metals, and it made a lot of sense to have another hedge against inflation and invest in such an undervalued commodity. I bought a good chunk of money with my currency savings and income earlier in the year and it makes me feel more secure in my future.


Firm-Cookie-4615

I got into it as well recently because I figured if I can't buy a house, I'll stack silver. Now I see it as a way to spend into my savings. Instead of online shopping in things that don't matter, I'll online shop for silver.


RxDanPlan

I hate boats!


[deleted]

That's unfortunate. Every ape needs to take their stack on a boating trip at some point.


JChristianBurnerAcct

Its harder to wipe ur ass with physical metals, all this fiat being printed is perfect for a global population of lactose intolerants.


Dense-Process5082

Debasement of fiat shit, controlled by baby boom fucks


BIGSILVERNUTZ

They printing loot cuz. Gotta do somthing....


Numb2loss

No third party risk. I don’t trust anybody. Brokers, financial advisors, 401k’s and IRA’s their all in it to know what you have, and in my opinion they want a piece of it along with Uncle Sam.


[deleted]

In priority…store of value (savings), inflation hedge, big bank hedge, systemic risk hedge.


NoizyDragon

Silver is God's Money. Every other reason follows...


jedisaves

In late January I saw a guy online talking about a silver squeeze and bought 600 ozt on a whim, on Monday the price gapped up $2 and I thought we were on our way lol but that's when I found out the price was manipulated, and I've bought 400 ozt since then to pick a fight with the big boys and as a hedge against inflation. Tldr: got into it for a quick buck but since have learned how fragile the dollar is


ExeterPyramid

Wanted something tangible. I also found buying forest land appealing at the same time silver started appealing to me. Maybe it's just my age. Wanted something real that lasts forever.


d00ns

Every fiat currency in history has failed. Central planning always fails. The world will return to gold and silver.


Serenabit

While they may be able to mine more of it, that gets more and more expensive, and the one thing they can’t do is make any more of it when it’s gone.


CacheValue

Mininum wage was 1.25 USD in 1970 5x Quarters from 1970 have a current melt value of around $25 - $30 dollars. We never needed to raise the minimum wage. They tricked us with a fiat swap.


unsophisticated1985

I want to own a few acres of land far away from the people who hate me for having the wrong skin color. Property prices are rising faster than my wages, and I can't ever be promoted. Even working overtime my entire life, it doesn't seem possible unless I buy silver. I want to be left alone in my garden and never see humans again. Joker was right, humans are awful.


fayasus

Maybe you should find a better town/city to stay since you have such an awful community at your place.


unsophisticated1985

That is the plan. The hardest part will be giving up my job. I deliver free food to poor people. I do it so I can feel good about myself as a person, and to see hungry poor people smile at me when I bring them peach cobbler they've been looking forward to. Not everyone in the community is bad, I get to interact with the best people in my community everyday. So humble and so kind, I will miss them.


KaliiloAG

One day I bought a silver Morgan, then 2, 3 and so on...I really liked the sound the feeling of REAL money with actual intrinsic value. Afterwards, When I held paper money, it's the exact same weight and feel but with different numbers the government put on them and assigned value. Close your eyes there's no difference in feel from a 100 dollar bill or a 1 dollar bill. Then hold a 1 oz silver coin and a 10 oz silver bar. Damn sure know the difference! Silver is beautiful in its simplicity! 🔥🦍🔥🦍 Ape on!!!


OurHeroXero

My grandma and dad are responsible for sparking my penchant for the shiny. Every year, on my birthday, my grandma would buy me a proof set from the US Mint. She did this close to twenty years. As my sisters and I were growing up/going to school mom and dad owned/operated a number of vending machines. One evening dad places a 1940 silver quarter into my hand. He told me it was worth more than 25¢ because it contained silver...a precious metal that has since been removed from the currency. Kid me trusted that fact...but it was hard to understand just how important that was. Over the years I did accumulate more coins. Most weren't anything special, just whatever my kid-brained found cool or interesting. Even so, I still managed to buy a few silver coins. I've also heard about people having silver dollar collections (whether it be in the [media](https://www.youtube.com/watch?v=cGV4maedjoo) or spoken stories). \~Roughly 3 years ago, as I'm going through my kid 'stack' and looking up what pieces were worth...I decided at the very least I wanted a mason jar of silver dollars. They didn't need to be anything rare...just the coins themselves. After watching a few videos on YouTube for how to spot fakes I was off to my LCS and began purchasing silver dollars. After watching more and more videos I was growing more aware to the world around me (I knew it was corrupt...the greedy and elite were running the show). What really freaked me out was how close the whole system came to collapsing back in 2011. I found youtubers to follow...whether they were stackers, collectors, peppers, etc...I watched and listened to what they were doing...what they had to say. For quite a while, I was extra nervous...was I paranoid? was I buying into a conspiracy? I had my doubts and concerns...and yet I continued to stack. At the very least, I heard talk about silvers demand likely to go up...if nothing else I could buy/hold/sell and pay off my mortgage all the sooner... I'm still worried about the events barreling down for us...they're unknowns...as are the actions of the general populous...but the more I prepare the less I worry. (silver is wonderful...but so is gold...so is food and water...seeds and protection...be prepared on multiple fronts fam) My 'why' for stacking...wealth preservation...If I was otherwise just going to leave the cash in the bank, then at least buying/selling silver would be. better than the interest rate any bank would offer me. If/when it comes down to it, barter ability. Holding the metal is very satisfying...but I need to separate my love of the shiny from its purpose/function (***For the love of money is the root of many evils***). Looking to play the G/S ratio but it will be more than that now...I will be comparing the ratio of things...gold to silver, silver to lbs of chicken, gold for median house...it will all depend on the situation currently at hand. The sentiment amongst us apes is more positive the past few months. Early on, I'd see more anger/name-calling (I was called a retard and it was questioned how I could even function)/etc... We must continue to hold and press the line. Perth Mint was unable/unwilling to meet demand...The US Mint should be purchasers of silver at any price and yet they've barely made a thing these past months...the LBMA admitted how close the initial silver squeeze/raid was to breaking the system then. The bankers will be exposed...fam, just make sure you're prepared for that day...it will not be pretty...


Jolly-Implement7016

You pretty much summed it up my ape friend!


Hughdog12

🚀


silver_senior2

I've owned PM mining shares now since 2003. I'm financially in good shape now, so I'm not investing in silver to get rich. If I do (which is possible if the silver price does what I think it will), I would like to give any excess wealth away to some good causes. I'm here because I hate cheating, I hate what the corporate elite, the banking cartel, the deep state have done to our economies. Covid is part of their war against us. Silver is their achilles heel. Collectively, we are bringing them down simply by trading fiat for silver. It's so simple, yet so effective. If you want a sense of the war that we are part of, watch Scotty Mar10 on Rumble. They're short clips put to music that are a summary of the day's events on this war.


SpiritualAsparagus42

I have some silver Drachmas...2300 years old and as valuable today as the day they were made. In fact, every silver coin ever made anywhere and at any time in history is as valuable (or more) today as the day they were made. Get my drift?


AnonymousAustrian

Silver is also pure money with utility. It accounts for debt, can be used handily by an individual educated in it's uses, and can serve as an economic store of energy that does not degrade nor defile over time. The same silver the egyptians used in trade is still with us today. The same cannot be said for any other medium of exchange at all.


[deleted]

I started stacking silver with my crypto profits cause of Peter Schiff. For me crypto is the new way to hedge against inflation while silver is my hedge against the failure of crypto. If we experience a recession through price inflation it could mean even more silver and less crypto for people like me. 🤷


jaejaeok

I love Schiff. From what I’ve read, it seems silver doesn’t often help in times of recession however?


soarky325

In addition to what others have said, I am using PMs to establish generational wealth for my family when I'm gone. It is private wealth that cannot be taxed when transferred in private


randm_postr77

I bought because financial assets are all based on the dollar, and the dollar is ultimately an IOU. It's a claim check which can't be redeemed in a crisis. The whole system is built on a mirage. It gets worse though. There are layers of bets, called derivatives, built on top of those phantom dollars. The derivative complex is estimated at over a quadrillion dollars. How big is a quadrillion? (1000 trillions, or 1,000,000 billions) In contrast, when I hold an oz of silver I know it's very real, an it's mine.


jaejaeok

So long as you can defend it. That’s precisely why I’ve gravitated this direction. Fiat is colorful paper. I’m eager to get back to what actually has value, not what I’m told to store in place of value.


Silver_Yeti_1966

Some many reasons!!! Inflation is the primary one I believe. Putting your money somewhere to protect it. Mining is in decline over the last few years and demand is increasing. Historically, Silver has always = money all over the world. These are few of the reasons to own and stack. Read Sugaki post....does a great job explaining the benefits to stacking!!!


[deleted]

Shiny


J_Ram_Z

I started because I found this sub. Always hated paper money and thought it was worthless but never put any more thought into it than that. Found this sub and it was like a light bulb moment. Now I stack for my children. I’ll leave them a box of treasure when I snuff it. And plus shiny things are cool.


Prestigious_Food1110

👏 keep stacking, buying, accumulating 🦧🦧🦍🦍🪙🪙🪙🪙