Did you head my advice?
Well, I know it's been a few months, but I told you that after the election, if Donald Trump got back in office things would straighten out. The border is secured; illegal immigration at the southern border is down by more than 97%. Inflation is at 2.1%. Not bad considering Trump left Biden with 1.4% in 2000 and Biden got inflation up OVER 9% and only got it back down to about 4.5% when he was leaving office. The US has Trillions of dollars of investments coming in. And as predicted...... Gold and Silver prices are going up.
As of today, Gold is at $3,383.25 and Silver is at $36.22. Personally, I think the ratio is off a bit. About 97 to 1. It should be a lot lower. And I believe it won't be because Gold is going to go down, but because Silver is going to go up. Last time I posted, Silver was at $28 an ounce. That's about a 30% increase in value.
It's never too late to get silver (or gold, but mainly silver). Remember, Silver is NOT an investment. You're not trying to buy low and sell high. Silver is a PRESERVATION OF WEALTH. You "Exchange" Dollars for silver to maintain buying power in the future. Yes, it would have been better if you exchanged for silver when it was valued lower, but don't for a minute think it's going back down significantly any time soon. With more technology needing silver; solar, medical, electronics, chemical, etc... the need for silver is just going to go up. Silver is totally undervalued. A conservative ratio between gold and silver is about 30 to 1. That means, at today's Gold price of $3,383, Silver SHOULD BE AT around $100 an ounce. Not counting the 20th-21st century, Silver generally traded at around 16:1. Was that way for thousands of years. But there's no doubt in my mind that silver will get back to at least $50 an ounce. But of course, I am not guaranteeing anything.
Anyway, if you've been reading and tracking, then hopefully you have gotten some silver. Hopefully you're still adding to your stack. DON'T try holding on and waiting for it to go down to exchange dollars for Silver. Just go with "Dollar Cost Averaging". That means, set your sights on getting a set amount of silver regularly. Weekly or Monthly. Some days you'll get silver when it's higher and some days when it's lower. In the end, you'll still be in great shape.
CYA:
SE
Comments
Post a Comment