Community Trust ScoreVerified
Therealkiyosaki shared: WORLD WAR III? Just bought 2500 US Silver Eagles in 5 Green Boxes. Why silver? Gold already moved up. Bitcoin is still too high. Silver 50% below the all-time high. Silver is an industrial metal as well as $. I buy silver because it is liquid & can be spent W/O government tracking.
Community Response:
Hello Robert, I loved your book, but I learned from it that assets are the holy grail of becoming wealthy. Silver is not the best asset, because it doesn’t produce cash flow. Hoarding demonstrates fear in the system, and not faith. I prefer to show faith.
Where do you recommend a beginner look/buy silver? Thx.
Gold moved slightly and it’s rare. BTC should go above its ATH to consider it expensive. Silver is not a good investment. It can be produced easily. I am writing in layman’s terms for all to understand.
Do you have time to produce silver in times of war?
Maybe from war scrap. But your logic is the same for cars or food. So would you buy a car to invest in times of war?
I hope Silver can move up. It’s heavily manipulated. Silver should be over $50 easily. I have always been a fan of silver over gold because silver is easier to liquidate for everyday purchases vs gold bullion.
Buying the Silver and Gold Eagles also exempts you from having to turn them in IF the govt decided to make gold and or silver illegal to possess/own since they are ‘collectible’ coins…
Unfortunately, there is no good option for silver trading in my country it used to be some decades ago but not anymore. we can only buy gold.
Why the silver eagle? Aren’t you paying a premium for the design? Better to buy bars?
What’s a good price for BTC?
Any price below the 200 DMA which is currently 49k. Just expect to hold it for a while. It’s not a get-rich-quick scheme like the altcoins.
Another asset 50% below all-time high and that can be spent without government tracking: Monero.
Just bought 1 Cluster Bomb. Why cluster bombs? Because nukes already 10x, white phosphorus bombs still too high, cluster bombs below ATH and easier to deploy than a nuke and more liquid.
How do you determine the fair value of Bitcoin? It just showed the extremely valuable use case of neutral and censorship-resistant money to the entire world, is the only absolute scarce asset in times of exploding inflation, and the only asset that is in the process of adoption.
Is BTC too expensive? I thought it was just newbies who think BTC will go to 10k, if he didn’t buy 28k he will never do it, he will always find BTC expensive. He’s good for some things but for cryptos, I think he’s not too good.
You teach me a lot. I’m currently looking into investing in Texas oil because of you, if you read between the lines he gives great Tid Bits in his comments.
Alcohol and cigarettes will be worth more than gold or silver.
BTC only. As time goes, BTC is not expensive. Look at the supply. It is already 90% in circulation with almost 75% illiquid.
Bitcoin is easy to track. There are dedicated crypto forensics companies already doing government contracts and operated by those in the know. The original Men in black. If you get it? You’re welcome!
If people cannot see that they should all buy some physical silver RIGHT NOW, I don’t know how to help them. Bank runs, bank runs, bank runs can happen anywhere anytime. Buy some silver folks so that you can trade with it and maintain and increase your purchasing power.
