General statistics
List of Youtube channels
Youtube commenter search
Distinguished comments
About
Matthew Nirenberg
Rob Moore
comments
Comments by "Matthew Nirenberg" (@matthewnirenberg) on "GOLD EXPERT: How to Beat Inflation, Build Real Wealth u0026 The TRUTH on Bitcoin" video.
The reason people like silver is: * They can afford it * Its demand will increase as industry needs it - "green" tech uses a lot of silver, as does space tech (silver is the most conductive metal). Once used it isn't readily recoverable on a whim * Silver reserves are starting to run out, many believe there's only 8-12yrs worth of silver mining left unless new deposits are found * Silver is way undervalued and has room to grow. Whilst gold can still increase, its room to grow is a lot less than silver * Many people have stacked a lot of silver over the years and are going to be very well off when silver can reach the prices it should be at * In many countries there are a lot of reporting requirements that start at very low thresholds which makes buying even 1oz of gold difficult, not because the person is bad but because they don't want govt run asset/wealth registers detailing exactly what they own (as they're publicly searchable). Also, some countries impose bullion registration where the serial number is tied to an individual and thus all sales can only occur through a licenced dealer. By being able to legally avoid the thresholds (by staying under them) people have more freedom with their bullion, and they have more privacy. * Silver is vastly more fractional than gold so its more suitable for a SHTF, trade/barter scenario
1