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What will Happen if we Squeeze Silver to $1000/oz & What will you do with all YOUR Silver?

By BackyardBullion, 28/04/21
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What will Happen if we Squeeze Silver to $1000/oz & What will you do with all YOUR Silver?

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$1000 silver would mean i probably stop collecting. Would be a pity really. 

Bizarre when I think about it, that any material increase just makes my ability to collect so much more expensive. 

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I would have to re-balance my holdings, as I like to spread of assets, a varying % in each.

Much as I love Gold and Silver and propose to pass down to my kids/grandkids, no investment/hobby should hold 100% of your interests in my opinion.      

Great video by the way 🖕

Edited by Coverte
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It would depend on the equivalent value of the relevant fiat currencies and the value of commodities and assets. If silver is a grand an ounce but a the average house is five million, the average car one million and a loaf of bread is fifty quid would it make a difference? If silver rocketed, everything else stayed inside acceptable margins and the prospect for inflation and/or currency devaluation wasn't horrific I suppose that would be different. Maybe a nice compound somewhere in the countryside with running water meandering through it and space for crops and animals. But then that wouldn't be possible as all my silver fell off the side of a boat the other day, bit of a bugger really. 

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