Silver is exploding

[Coach is Back!]

Just about 2 years ago I bought 240oz at $32….

Today…

[Humble Narcissist]

I sold all of mine a couple of years ago. I do still have some gold coins though.

[IroNat]

Coach,
You're rich! 

(Some say this is a sign of dollar devaluation, impending economic collapse and chaos.)

[gib]

I have gold and silver.

But I can tell you, the moves you will at some point in BTC will be 10x what you are seeing now with gold/silver.

[Humble Narcissist]

I have gold and silver.

But I can tell you, the moves you will at some point in BTC will be 10x what you are seeing now with gold/silver.

Good luck with that.

[unwieldy]

Coach,
You're rich! 

(Some say this is a sign of dollar devaluation, impending economic collapse and chaos.)

I know it's just a movie, but that kid looks on top of the world

[Rambone]

I just signed a petition for Coach to change his username to Humble Braggart. Humble Narcissist was already taken.

[IroNat]

I just signed the petition for Coach to change his username to Humble Braggart. Humble Narcissist was already taken.

Bhanky claimed to be a money wizard but Coach is the real deal.

[gib]

Check out this currency debasement ETF just launched:

https://finance.yahoo.com/news/bitwises-debasement-etf-pairs-bitcoin-225754736.html

Consists of Gold, BTC, Silver, Platinum, as well as various miners of these commodities.

[FitnessFrenzy]

I don't think it is sustainable. I see it as a bubble.

[Rambone]

Check out this currency debasement ETF just launched:

https://finance.yahoo.com/news/bitwises-debasement-etf-pairs-bitcoin-225754736.html

Consists of Gold, BTC, Silver, Platinum, as well as various miners of these commodities.

Cool idea. I’ll pass on the 1% fee though.

[loco]

Some say this is a sign of dollar devaluation, impending economic collapse and chaos.

"Nobody Knows Nuffin"

[Coach is Back!]

I just signed a petition for Coach to change his username to Humble Braggart. Humble Narcissist was already taken.

Probably less than most.

[loco]

Knowing an asset’s history and “personality” can be invaluable to investors. For instance, natural gas is known as the “widow maker” for its tendency to have large spikes followed by large drawdowns. Silver has a similar history.

https://finance.yahoo.com/news/repeat-history-why-silver-may-174500298.html

AI Overview:

Investing in silver is nicknamed the "widow-maker" because its extreme volatility and thin market liquidity can produce sudden, massive price swings, causing catastrophic financial losses for investors, particularly those using leverage. Historically, silver experiences euphoric, rapid spikes followed by sharp, severe corrections, often trapping investors in high-risk, "too-hot" positions.