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sosumi's avatar

Rising gold & silver prices may bring "Widespread Panic On Wall Street" but it brings a giant belly laugh for the rest of us who're astute enough not to play in Wall Street's digital sandbox. Because real wealth is measured in ounces not digits on a screen.

If you don't own physical then you're just shepherding the wind. A pointless exercise.

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David W Kaiser's avatar

If you live in an urban area where your A/C condenser is hidden from yours and public view, you might want to consider caging and locking it.

With all newly mined silver going into industrial use, the gold/silver ratio will return to its preindustrial roots of 1:15 when it comes to investment. We can't conceive of 30 pieces of silver in Judas' day purchasing a nice home with acreage for doing some agriculture and servants to help out. Judas was no idiot. 30 pieces of silver had to be quite a temptation to betray your best friend and teacher, even if you were doubting his mission. Same is true for Saul's day, 1 Samuel 9:8. 2-3/4 grams of silver was enough of a donation to get seer to tell your fortune.

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