Toronto Passions

A good time to buy silver

stinkynuts

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Jan 4, 2005
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Gold is trading at almost 100X silver. Silver is undervalued and will likely catch up in a few years. Most likely it will double. In a market where there is a lot of uncertainity and everything is overvalued, I definitely would start a position in silver. The US debt crisis could be devastating to the economy and markets, and silver is a good hedge. With Trump causing chaos, world economies collapsing, and unstable geopolitical events worldwide, it's important to protect your assets against a market crash.

Once I cash out my bitcoin, I plan to allocate approximately 10-20% in silver.

Precious metals are generally only used to maintain value in relation to inflation. That is, they don't gain or lose intrinsic value, but since fiat is devalued due to governments printing more money, it takes more fiat to buy precious metals that have maintained their value. However, when a precious metal is undervalued, or there there is great uncertainity and risk, it could be a wise choice to add it to your portfolio. Bonds are useless if inflation persisists and governments raise rates.
 
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stinkynuts

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How to use the gold-silver ratio for trading
Analyze the history of the gold-silver ratio
Historical gold-silver analysis can help you understand how the ratio has behaved in the past and may offer insights into how it could behave in the future, though as with any investment indicator, it’s not guaranteed.

The historical average gold-silver ratio is roughly 15:1, and the 100-year average is roughly 40:1; these figures are useful long-term averages that can help investors determine the exit from silver to gold, or vice versa.

You can use charts and data to help identify long-term and short-term trends, resistance levels and other important indicators that may help you make trading decisions about whether or not it’s the right time to invest in gold or silver. However, be sure to consider all of the factors beyond what the ratio tells you before investing, including but not limited to:

  • Central bank reserves
  • The strength or weakness of the U.S. dollar
  • Current levels of inflation
  • Current interest rates
  • Geopolitical unrest
 

Connor48

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Jan 28, 2025
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Hello
The best time to buy silver depends on several factors, including market trends, economic conditions, and your investment goals. Generally, silver prices tend to be lower during periods of economic stability and rise during inflation or financial uncertainty. Many investors watch for dips in price or buy when demand is low. Keeping an eye on market charts and global events can help you decide when to buy. Are you looking to invest long-term or just trade short-term?
 

anonemouse

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Aug 23, 2002
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Hello
The best time to buy silver depends on several factors, including market trends, economic conditions, and your investment goals. Generally, silver prices tend to be lower during periods of economic stability and rise during inflation or financial uncertainty. Many investors watch for dips in price or buy when demand is low. Keeping an eye on market charts and global events can help you decide when to buy. Are you looking to invest long-term or just trade short-term?
I'll take spammers messages that later get edited to include a spam link, for $1000, Alex.
 
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stinkynuts

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Where is the best place to buy physical silver? Is it pacific mall?
There are pros and cons if buying physical silver vs etfs.

If buying physical silver, I would just google any store and look at their reviews and ask for their prices.
 

SchlongConery

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Jan 28, 2013
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Where is the best place to buy physical silver? Is it pacific mall?
There are lots of people online that are selling off grandpa's stash of Canada's 1976 Olympic coins.Thought they'd be a good investment but they are only going for the value of silver in them. If you can buy direct, IN PERSON, bring a scale to ensure they are actually coins weighing the same as published and you can buy them for the actual trading price. Coin and silver dealers buy cheap and sell high.

I'd stay away from buying silver or precious metals at Pacific Mall. Hate to be racist, but I am going to be when I say that Chinese are notorious for alloying a few grams of pot metal, lead or whatever into their metals. You;d never know. A few grams here and there adds up to an ounce really quickly. So that also means don't buy any ingots or bars unless you are buying name brand foundries.
 
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