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albi1

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  1. Like
    albi1 reacted to Robb in Can you profit BIG with silver without apocalyptic hyperinflation, US dollar crash and all those things   
    Not sure if one is worried about inflation or profiting "BIG" PMs are the place to be.  Historically they don't do much.  A decade ago (May 28, 2011) silver was $38 usd per Troy oz...
    Without even calculation the opportunity costs, those  stacking monster boxes back then have lost money ;-(
    During the same period millions of dollars were made stacking crypto/real estate/equities/etc.
    In inflationary times using the principle of the lever is awesome:  You pay back your leveraged debt with dollars worth less and less each month while the asset securing the debt increases in value...It is a beautiful thing....PMs don't really do that 😞
    Leveraged Real Estate investments I made a decade ago (instead of buying PMs) have made literally 100's of thousands of dollars.  Ten years ago today at $800/ roll for ASEs a monster box would have cost at least $20,000 cash, with zero return a decade later.
    The $8,000 usd I put down on my investment property made me $200k usd over the same 10 year period....
    Sooo, to answer the OP's question "can you profit BIG" the answer is sure...but that isn't the important question 😉
    The important question is: "what is the probability of profiting BIG buying Silver" ?  
    The answer to that question is:  "Practically zero".  There are MUCH better investment vehicles out there if your goal is to profit big.  
    As someone already posted:  Diversification is Key
     
     
     
     
     
     
  2. Like
    albi1 reacted to Stacktastic in Can you profit BIG with silver without apocalyptic hyperinflation, US dollar crash and all those things   
    I would not pay too much attention to Kiosaki, he is a grifter that got rich from selling a book & board game about how to get rich.  
    Dont get me wrong I have read 3 of his books (Fake was OK i guess), but there are much more knowledgable & less egotistical & greedy people to learn from. 
    He will jump on band wagons and be not that knowledgable about the subject matter. 
    I bet he makes more money from his radio show, being a guest & affiliate marketing than crypto LOL. 
    This time last year I remember him knowing absolutely zero about crypto, now he is an expert (apparently). 

    Anyhow. 
    An economic downturn is on the cards of sorts. Check out Kitco Its a much more reliable source of information.
    I am not so sure about hyper inflation, but probably a prolonged economic downturn, like in the 70's. 
    There will certainly be opportunities for those who know what they are doing to invest and make moves,
    when everyone else is panicking, selling & generally being idiots, like last year. 

    I have about 30% physical metals, 50% cash & 20% stocks.
    I will mainly be looking at Dividend stocks if or when we see a collapse. 
    That way if it lasts 10 years then I will still be getting paid. 

    With regards to silver your best bet would be Mining stocks if you want a decent return within 5 years. 
    It should pop this year i think though, they are very undervalued. Gold and copper too. 

    With physical, you cant rely on Silver hitting £200 anytime soon & anyway its usually
    only in short periods(weeks or even days), so advertising, selling, posting physical can be hard work. 
    Plus who would buy silver at all time highs?

    The apocalypse or hyper inflation if it does happen will not last that long I dont think anyway, outside of nuclear war. 
    Stacking non perishable foods, a water supply, items to barter (I stack coffee) & protection would be more important. 
    I guess you can throw you silver bars at robbers.

    I like the metal as an inflation hedge (and thats somehting to be paying attention too atm),
    but I still trade it regularly on price spikes (like in Feb and apparently now LOL). 

    You can buy paper silver on the stock market, but mining stocks are better IMO. 
    Plenty of threads covering all that in detail - 'miner picks' especially.

    https://www.youtube.com/c/kitco/videos
  3. Like
    albi1 got a reaction from Nowhereman in Can you profit BIG with silver without apocalyptic hyperinflation, US dollar crash and all those things   
    Hi,
    I have been watching Robert Kyosaki s youtube videos for some time. As I understand, he predicts that the US dollar will crash and silver (and gold and bitcoin) will go up in price dramatically which could be a great opportunity to profit if you are prepared for that scenario.
    I mean, if the US government is printing money as it does, it makes sense to me that hyperinflation could occur. 
    However, let's assume for a moment that such "an apocalyptic" scenario will not happen for more than a decade or two (we are playing what/if game). Let's assume that people will not bring buch of worthless cash just to buy bread and milk at a grocery store or whatever during hyperinflation. Let's just assume it won't happen soon.
    Now I wonder, if I invest in silver right now, is it possible to profit BIG without an "apocalyptic scenario" in the next 5 years or so. I am talking about profit which could be bigger 10+ times more than the initial investment. What do you think?
    My strategy would be to just buy and hold until the price comes up.
    (I understand that no one knows for sure what will happen, I would just like to know possible scenarios without "apocalyptic hyperinflation") 
  4. Like
    albi1 got a reaction from Gypsy in Hello everyone!   
    Hi,
    I have been thinking to invest some money in silver. A lot of people recommend it but such people usually predict hyperinflation, US dollar crash, and similar scenarios. 
    I came to see what do you think about that. 
    I am not an investor or some hotshot. I have just been thinking to invest some of my earnings in this precious metal and hold it for a while and who knows, maybe profit big.
  5. Super Like
    albi1 got a reaction from GreatBritishBullion in Hello everyone!   
    Hi,
    I have been thinking to invest some money in silver. A lot of people recommend it but such people usually predict hyperinflation, US dollar crash, and similar scenarios. 
    I came to see what do you think about that. 
    I am not an investor or some hotshot. I have just been thinking to invest some of my earnings in this precious metal and hold it for a while and who knows, maybe profit big.
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