I recall reading something along the lines of, every cruise missile the US produces requires about 5kg silver, while naval ships require several tonnes of it. Apparently there has been a production deficit (i.e. demand outstripping what comes out of the ground) for several years now.
Yup.
Correct.
In this case currently the commodity that hasn’t yet run is oil. But it might take a while to ignite. Of course stacking physical oil is impractical and futures expire, so the easiest exposure is to buy big oil producing companies which are currently undervalued for the most part. But you might have to sit on those stocks for 5 years.Yup.
Correct.
Silver's supply can increase more than most PMs.
I don't have a problem with PMs or momentum plays, but just wait. After all, the time to buy is the commodity that hasn't yet run (and you know it will)
Yes but that will happen gradually over a number of years (building new mines takes many years).
If you are copping 20% slippage you are doing things wrong. Buy sell spread on physical gold and silver should be 2% - 6% for a round trip (buy and then sell) if you are managing everything correctly. I’ve bought and sold physical bullion multiple times and know what I’m talking about.
Agree. A lot of these oil stocks also have reliable dividends currently yielding similar to treasuries. But you also get a lot of potential upside price appreciation when the oil market turns.
Yeah that's nuts. In my experience the easiest way to avoid getting screwed on the spread is to only buy silver and gold American Eagle coins, and to transact with a reputable and high-volume dealer. This applies to people in the US at least. Dealers in other countries may prefer different coins. But government-minted coins are always cheaper and easier to buy/sell than other types of bullion.
Current spot on silver is $91-$92. APMEX 1oz silver coins (most common ones like American Silver Eagles), are selling at $102-$103 currently. I’ve stopped into my local (and most reputable) brick and mortar Exchange a few times in the last couple years and their margins are even worse than Apmex so I walked out without buying. So not sure what your methods are that get you such low fees and transaction costs from buying/selling, but please educate us. Grok’s analysis matches my findings in real-world inquiry as well.
Silver coins trade well above spot but if you want lower premium buy the 500 gram or 1 kilo bars they have lower premium.
Everyone man must work. Every man must improve or be left by the wayside. The wise men choose what to allocate their time, work and energy into, and money is just that.
Hogwash. Total jew propaganda confirmed. Most men just don't know another way because they have been psyoped to death within the confines of (((The Matrix))). They have no true discipline. They have no true original thoughts or ideas and can only conform to jewish paradigms of work and money. They cannot live without women and things. They think money can save them from death. How much money did Jesus need to live, and how much money and gold did he have socked away in jew banks on the day of his Crucifixion?
