u/No-Lab-7364

Just a reminder to stay out of the casino, buy physical instead. I have no doubt Silver will start to swing again, and as it does, many will see opportunities to make dollars. But beware, this time may be different.

There are far more paper claims on Silver than actual physical silver, and as such, these claims will once again go through a sell off as Silver becomes scarce. This is due to the fact as people wake up to the fact paper claims can't actually be redeemed for physical Silver, it's better to sell those claims than hold a debt that can't be paid.

Silver hit over 120 this last year, and afterward, a sharp sell off that touched the 50s. Many may have wished they had sold near the top and bought back into silver after this sell off, potentially doubling their stack.

I expect a similar pattern to be seen in the next bull run, I also think this time instead of breaking 100, it's possible to break 1k. I know this seems high, but I don't think it is. I also think the sell off after could collapse the price right back violently as 100s of contracts are all claiming the same Silver.

The temptation will be there to sell Silver at the top again and buying it all back later at a fraction of the price, except for the real possibility that even though Silver price is crashing or has crashed, there's actually no physical Silver to buy afterwards.

There should be caution when buying etf Silver. It's great being able to sell instantly and accumulate dollars on Silver trade digitally, but Silver swinging violently should be a wake up call that the dollar system is reaching more and more instability. As such, there will be a time no matter how many dollars people hold, Gold and Silver won't be able to be purchased for them, regardless of a crash in price on a screen. Do yourself a favor, buy and hold physical Silver this bull run.

Silvers is sitting at 60.23 as I write this, Bitcoin is 60173 and change. Silvers sitting slightly above if you simply move decimals. Whether or not that's indicating anything, idk, but I believe decimals hold a clue.

The ability to speculate on price begins to be questioned as dollar debt itself starts to be questioned. Buying and selling digital items with no change of ownership and trillions of dollars of added debt chasing these digital or paper contracts through various exchanges begs the question... is it honest? After all, people really are just after dollars. When ownership is hardly needed and people would rather settle trades in cash, the paper market is free to speculate. But...

Is ownership attainable at the rate at which the economy can sustainably operate, or is the paper or digital promise being surpressed by too much money in the system itself? Is it counterfeit?

I believe this is what crypto ultimately is, a tool specifically, a derivative, of the dollar/debt that acts as another level of debt. Because it's block chain technology, it's secured by energy itself as more is needed each time to verify itself back so it can't be counterfeited... that's great, but what if the debt itself being restabilized through it is already counterfeited?

What if the dollar itself has already hyper inflated? What if we value everything in gold and find out? This is the question China is asking on July 24th as it establishes real ownership when trading. Not the promise of it.

I'm betting Gold might be a million dollars an oz.. and Silver might actually be the price of Bitcoin today. I dont think this instantly happens, I think as gold is physically exchanged, we will see a correction of price. I'm thinking it will be decimal moves. Silver to 600, possibly 6k, possibly 60k. I think the debt might be worse than anyone is told. Just my 2 cents. Not financial advice.

I love Gold backs, yeah there's a premium. But that's with everything the more it's fractionalized. Gold is 4500 an ounce, most people can't afford even 1/10 tenth of an ounce with how tight budgets are for families each month. But the ability to buy and own Gold for less than 10$ is so amazing for the average American.

Gold backs make Gold Ownership Attainable for even a homeless person, literally.

I first bought Gold backs for a little over 3$ a piece, and i would spend them slowly with friends. Those same Goldbacks have almost 3x in price today. This is the real value of the Gold backs, as people can begin exchanging real Gold and Silver as money, it reverses the loss of buying power from trading in debt notes. My friends can somewhat see that now but they still are trapped by debt as a money.

But here in really lies my question, how come Gold people hate Gold backs? I can't help but think that most people who own Gold are elitist and want to keep the population poor still. At least the Silver sub still talls about sound money, a Gold back is a form of sound money, but I don't think Gold stackers really actually believe or want sound money as a whole... what do you guys think??

I can't wait. Just know, when the debt system, the bond market, and the crypto debt transfer falls on its face And Gold... Not Debt becomes the real "Stable Coins."

Silver goes from 70 to 700/7000/70000... it actually is Bitcoin.