How Much Gold And Silver Do You Need? (Calculation Breakdown)
- Thread starter Goldhedge
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We can't always get
What we want or need from lake
Without SCUBA gear
What we want or need from lake
Without SCUBA gear
SilverStacker
Predaceous Stink Bug
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- 155
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OK I have the global gold supply, both above ground and known/proven deposits at 8,160,000,000 oz and the current global debt at $324,000,000,000,000 so the FV for gold is $39,706 an oz. The current gold/silver ratio is 90 so divided by 90 leave silver at $441.17 an oz. which means silver is still a huge bargain right now even in the area of $37 an oz.
So right off the bat buy silver. And not just any silver but transferable silver too, "which is fricken boring cause I want to collect"
But...since I'll most likely be dead by the time this melt down occurs I guess I can still keep doing what I'm doing. Spending about 80 to 90% of what I'm spending on bullion. I guess I'll go order more junk silver now and honestly I'm tempted to pay the tax freight and pull cash out of a deferred account and really load up.
So right off the bat buy silver. And not just any silver but transferable silver too, "which is fricken boring cause I want to collect"
But...since I'll most likely be dead by the time this melt down occurs I guess I can still keep doing what I'm doing. Spending about 80 to 90% of what I'm spending on bullion. I guess I'll go order more junk silver now and honestly I'm tempted to pay the tax freight and pull cash out of a deferred account and really load up.
