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Danny-boy
Reputation Activity
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Danny-boy reacted to Scaffstacker in Silver is a BAD "investment" - So Why do we bother and why do we Buy so Much of it?
Another great video and a good in site to it, I’m a 30 year old tubular technician at height (scaffolder) what is quite a dangerous job I use silver and precious metals in general as an extra insurance in case of injury And/or it’s just not a old mans trade, also pensions can cause disruption with your employer,
without going off subject,
apologies if I have I think the price of silver will rise gradually over the years, but not greatly until the 2033 mark when gold is set to take off I think silver will then have to burst and shoot up to maybe golds price today almost.
its fun, it’s investing it’s not squandering your money it’s looking to the future, I think we just need to enjoy ourselves.
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Danny-boy reacted to Fishface220 in Silver is a BAD "investment" - So Why do we bother and why do we Buy so Much of it?
No quick rich plan for me, just find it a nice way to save and hopefully when the time comes, whatever silver / gold I’ve managed to stack will see me (or my kids) alright!
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Danny-boy reacted to Alx in Silver is a BAD "investment" - So Why do we bother and why do we Buy so Much of it?
I’d argue that PM’s are “money” not an investment. Same as currency under the mattress is not an investment. I am keeping my money safe from government and central bank agency risk.
Every time I have any doubts I simply remember that there is about one quadrillion dollars worth of global derivatives - which in practice could vanish overnight, but my PMs will be there for eternity.
