Christ Follower, Army Brat, Formerly Penpoint777, https://gettr.com/user/veronicawallace
Do not buy silver.
It's a trap, set up by Wall Street to get payback for the Gamestop Spree.
Stay focused on what is working.
Reddit investors are saying DO NOT SWITCH to silver stocks.
Buying silver is not a trap. Reddit users don't want people cashing out their GME stock until they bankrupt the Hedgefunds. For people not invested in GME, silver is a great investment because banks short silver.
Bingo!
Silver has been artificially devalued for over 100 years!
Christ Follower, Army Brat, Formerly Penpoint777, https://gettr.com/user/veronicawallace
Very very true. But why is that? Because Wall Street manipulates the market. They are bumping up the price of silver suddenly... to make their losses back when they drop the price again.
Christ Follower, Army Brat, Formerly Penpoint777, https://gettr.com/user/veronicawallace
If you own silver stocks, that's great.. just wait a bit before buying more. That's the advice I am getting. But there is plenty of advice to go around from a million different sources. Do what makes sense to you.
Patriot Soapmaker; Proverbs 31 woman; Trump Supporter. Popcorn, hell; bring out the Qake! Pit bull mama Banned 17 times from Twatter...
Silver is due for a HUGE revaluation, dear.
All is going to be reset to 1913 value, before the central banks.
1 oz of silver may appreciate from about $25 to $3700.
Let that sink in.
Precious metals do not appreciate or depreciate.
What you are seeing is devaluation of the worthless paper currency.
If I park my $ in silver, I can always take an oz to the pawn shop & get cash for it at that day's rate. And it appreciates.
So much better than a savings account.
That's why OLD FOLKS trust in silver & gold.