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silver as investment

    • 11 posts
    July 19, 2022 4:55 AM EDT

    Are any of my fellow xrp brothers and sisters buying any silver?

    I was fortunate enough to discover xrp back in 2014, and was really impressed about its potential and prospects.  And still love it going forward.

    I have the same feeling about silver's future.  It's been manipulated for years, and now there is a good possibility for a huge swing to the upside and the downside is limited IMO.

    I am certainly not arguing for selling any xrp (it's my biggest holding by far and I have no other crypto holdings except the spark tokens that we are to receive).

    Not giving investment advice here (do your own DD), but not a bad idea IMO to pick up some physical silver to preserve wealth as all governments cannot stop printing money (and they won't stop, and in fact will print - create out of thin air - even more until these fiat currencies are inflated away, and every fiat currency in history has ended up at zero).  There will be a silver squeeze in the not too distant future IMO, and I could see prices as high as $250 to $500 an ounce.  Take a look at palladium which was has gone up 6x.  Buy physical silver, or if an ETF, only buy PSLV (not SLV or the other silver ETFs).  Just an idea for diversification, protection and a possible big score.  

    • 6 posts
    July 19, 2022 5:42 AM EDT

    A great idea, but here you need to take into account inflation and the cost of oil

    • 7 posts
    July 19, 2022 5:48 AM EDT

    Quite recently, about six months ago, I started investing. I was most impressed with precious metals on the market, as they are the most reliable in price and their value only grows over the years. I invest in many popular companies such as augusta precious metals. I also sometimes buy precious metals in real life and keep them in my safe. I like to buy jewelry with an alloy of gold for my wife, because gold suits her. I love jewelry made of silver and would like to use your services and purchase your product. I have read the reviews on your site and they are all excellent, they show your reliability and good service. Thank you for that!

    • 1 posts
    October 6, 2022 5:08 PM EDT

    What advice can you give to a person who has started investing in cryptocurrency?

    • 1 posts
    October 6, 2022 5:30 PM EDT

    I used to invest money in cryptocurrency and could earn a couple of hundred thousand dollars in this way. Still, 6 months ago, I sold all my bitcoins and am now looking for other areas for investment. Most of all, I am interested in trading and stocks, and I think that soon when I gain experience, I will start actively investing money there. Moreover, I have even found an article on Young and Thrifty about the best trading brokers on the market now. I think I will gradually get used to this topic and earn money by investing in the right projects. Therefore, XRP no longer interests me as it used to, my friend.


    This post was edited by stella winxie at October 6, 2022 5:31 PM EDT