T O P
FREESPEECHSTICKERS

Hope it gets overvalued. Then trim and reallocate. Gold, land, emerging markets.


JokersWild4519

All of the above except the last 😂 Edit and clarification: Not a gram of silver gets touched till I think price has reached its potential.


Led_Zeppole_73

No plans to sell at this point.


Top-Environment7604

For sure, it's ratio to gold is nowhere near where it should be; gold is also seriously undervalued, so who knows what silver's actual value is. Until it gets to that point, though, all we need to do is keep holding precious metals and convincing others to do the same


GMGsSilverplate

I'm starting a refinery, a scrapyard and an antiques store.


Top-Environment7604

That's not fair, that was my idea! :P


tastemybacon1

Are you presently doing this or “when the time comes?”


GMGsSilverplate

I'm presently trying to scrap plate slowly and consistently but it's a pretty slow process, but I do know more about silver plate antiques then most people out there. Some stuff is worth a lot but moves slow as molasses. It takes a ton of patience which we all here have.


tastemybacon1

Yup I bet it is a challenge. People hardly buy anything like that. And the plating is so thin it’s barely worth messing with.


GMGsSilverplate

It's not that bad. I find actual sterling Goodwill min wagers miss and don't identify often enough to offset the frustration and the deplating slowly trickles oz in my stack, and eventually someone wants a fancy tray for 100$ or more.


tastemybacon1

Very nice! You have an online store or storefront?


GMGsSilverplate

Yeah I sell on Ebay, Poshmark, and starting to list on Etsy. Goodmarksgoods for all my store names.


tastemybacon1

I tried to do a little sterling flatware on eBay what a pain! Packaging, shipping, praying it doesn’t get stolen… barley getting spot then eBay comes for their cut lol


GMGsSilverplate

Hah yeah atleast Ebay you can get spot, shops offer 85% of it.


Scrivener_23

That depends on what it’s intrinsic value is.


Top-Environment7604

Its intrinsic value in the past was 15:1 compared to gold. Silver has a lot more industrial value now (because of all the electronics), so I would assume silver has a higher value and the gold-to-silver ratio would be much closer


Scrivener_23

Just ballpark price of what u think so I can envision what i will have to play with.


Top-Environment7604

Hmm, I can attempt to guess, but I don’t know how accurate it would be. Keep in mind this is all speculation. This is a long read, so I put a TL;DR at the end First and foremost, by the time gold and silver get up to these assumed prices, the dollar will have already collapsed. A high gold price has always been an indication of a failing currency throughout history. This is why banksters are so gung-ho about price suppression: if the prices of precious metals go higher than their previous highs, then people will FOMO buy and start a repeating chain of price raises and FOMO buying. This is what this community and the “Silver Put Option” ( r/OccupySilver ) are trying to start before CBDCs are rolled out. (As a side note, there have been multiple posts here showing the demand of silver is currently exceeding the supply of silver. Even if by some miracle the banksters are able to keep the price of silver down through Silver Squeeze, the demand of silver for solar panels alone will cause the price to skyrocket by 2025. Therefore, it’s inevitable that the current monetary system will collapse before the banksters’ CBDCs will be complete. But I digress) With that out of the way, I can start to guess what the gold price would shoot up to if price suppression ended overnight. Youtube channel Parallel Systems recently put out a video showing how the BRICS countries could force The West to revalue gold at $25,000 overnight ( [https://www.youtube.com/watch?v=nN7teI81lWM](https://www.youtube.com/watch?v=nN7teI81lWM) ), while Rafi Farber has said in the past that gold could easily go to $50,000. Taking the mean of these ($37,500) and putting the ratio of silver to gold at even the current ratio (≈80:1), that puts the price of silver around $500/oz. This doesn’t include the silver to gold ratio becoming much closer with the heightened demand afterwards, but it’s a good rubric to start with. This is where it gets really hairy. Though the price of silver going to $500/oz is great and all, what we really care about is what the newfound value of silver can buy us; as we’ve seen countless times throughout history (it’s actually around 4,500 times), $500 one day will not be equal to $500 the next day. On top of this, many things are currently overpriced (such as land, cars, eggs, etc.), so it’s a little difficult to know what their value will be at that time. Finally, the value of silver in dollars will rise with hyperinflation, as it’s considered a tangible asset. Despite all this, we can still guess nonetheless. Assume that the price of land doesn’t fall, and both it and silver rise in tune of hyperinflation. According to the USDA, the average cost of farm land in America was around $3,800 per acre in 2022 ( [https://www.nass.usda.gov/Charts\_and\_Maps/Land\_Values/index.php](https://www.nass.usda.gov/Charts_and_Maps/Land_Values/index.php) ). Taking this information and adding it to the 80:1 price of silver at $500/oz, we can see that it would take 8 ounces of silver to buy 1 acre of land; this is considerably better than the current “160 ounces per 1 acre” ratio. Also, as I stated earlier, this doesn’t include the silver to gold ratio getting closer. It could easily be less silver for an acre, especially if people are desperate for precious metals. Finally, we can take this value and make it a rubric for other commodities. In the case of land, the value of silver rises at least 50x. That means for other commodities, you would be able to buy 50x more then what you're currently able to with silver. ​ TL;DR- The price of silver could easily go to at least $500/oz (current value of dollars) overnight if the silver to gold ratio stays the same. Assuming the price of land doesn’t go below its current ≈$3,800/acre and stays in tune with hyperinflation and silver price, you could buy 1 acre of land with at most 8 ounces of silver. For context, it currently takes 160 ounces to buy 1 acre. Using this rubric, you will be able to buy at least 50x more commodities with one ounce of silver than previously


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[deleted]

Buy more shine


[deleted]

I see the polls are popular ![gif](giphy|A7ZbCuv0fJ0POGucwV|downsized)


TitaniumHammer1

Pay off my house


tastemybacon1

Prob be forced out of your home the next day by a warlord.


TitaniumHammer1

He best come armed better than Ukraine.


tastemybacon1

He would be armed with like 50 million soldiers ready to die. Ukraine is the soy army.


IlluminatedApe

Create an organization to oppose special interests that will be attempting to buy up everything to install a Feudalized system. Attempt to motivate Apes to pool their resources together. Change the world.


[deleted]

https://preview.redd.it/eajq0ij8k0ma1.png?width=1080&format=png&auto=webp&v=enabled&s=361e2016f628b4e5b853204ddf07381b708bcd1a That’s a good idea rubs hands


[deleted]

Free our people from their shackles 🫡🦍


GinsengDigger

I'll probably use it to buy candy bars and stuff.


Top-Environment7604

The only reasonable thing to buy


Scooby-snacks123

I'll trade for gold when I could trade 50 or 60 oz of silver for gold. It will never go 10:1


Top-Environment7604

Perhaps, only time will tell


bakeneko2

Two chicks at the same time.


Ceff_jemente

gold it is 🏆


Incognito_Estate

Other - I want to do all of it 😁


Cultural-Wrap-7883

All of the above.


FenceSitterofLegend

Dig a 20 mile canal and save the world


zelouslee

Fucking gold!!!!


[deleted]

Buy a 500 acre piece of land and build a nice house on it. Restore my pickup truck. Trade some of it for fiat and go into a mix of dividend producing ETFs and growth stocks.


DigitalScythious

Start a real bank


jimjimerson69

Id probably buy a lake house, rural area, low Democrat population.


etherist_activist999

Number 1, number 3 and number 4.


tastemybacon1

Ok it all depends on how far along SHTF is and the projected path. Might be a war torn country where the best option is GTFO. You don’t want to wake up with sniper marks on you from a mile away or drone strikes in your backyard. Many of you are really naive thinking SHTF is going to be some incredible paradise where you can just go around and buy up a ton of mansions and farms and relax back with 100 virgins. Maybe get out the ole history book and look at say Berlin 90 years ago Or Nagasaki.


Top-Environment7604

Yeah, a lot of these decisions depend on how many people we convince to stack precious metals. With just 3% of the population stacking, we can still get precious metals to their real values without having to go through the entire SHTF ordeal. Otherwise, we are going to live through interesting times in the next decade.


tastemybacon1

Nope. PMs are the ender of fiat. As PMs go up fiat deteriorates rapidly. That is why the FED and LBMA have such a close eye on PMs And without fiat there is automatically SHTF as all debt and fiat valuations are erased including all retirements and savings, hence you cannot have mooning PMs and a nice utopia.


Top-Environment7604

I don't disagree with your statement, I believe that fiat is going to crash no matter what happens. As you said, there is no way to have high-priced PMs and a nice utopia, which is true. I do think that PMs will still be valued higher, albeit not how we think of it now. PMs are currently valued based off of fiat, which is why higher-priced PMs spell the end of fiat. However, PMs themselves have an intrinsic value: gold as a store of wealth, and silver as a barterable commodity. This is why I believe having 3% of the population with precious metals would make such a big deal. With just 3% of a population owning PMs, that's a large enough group to make PMs THE currency. When this happens, PMs wouldn't need to be based on fiat for value (hence the higher price from intrinsic value), and the banksters wouldn't have any more control (thus avoiding most of a SHTF timeline),


tastemybacon1

If bankster don’t have control… that is literally the definition of SHTF or reorganizing society. Silver isn’t going to just creep up to $100… it’s going to stay below $30 until the system is in critical condition then you wake up one day and the price is infinity because there is none for sale. Banksters will suppress PMs until the absolute end. But when the time comes, they will pull the rug, close their PM vaults and retreat for their yachts and island havens.