Silver is the Trade of a Generation, Most Undervalued Asset on the Planet: Andy Schectman

Andy Schectman returns for part two of our interview, where he dives into the silver market and why he believes it presents a generational opportunity. Andy points to the dwindling geological ratio of silver to gold in the earth, growing industrial demand, inventories being drained off the COMEX and more to make his case for why silver is the most undervalued asset on the planet.
Watch Part 1 of this interview: • 'No Question' Expansio...
Follow Jesse Day on Twitter: / jessebday
Miles Franklin Precious Metals: milesfranklin.com
[e-mail]
00:00 Introduction
00:30 Tailwinds and Risks for Silver
09:30 Silver Price History in Recessions
15:21 Premiums on Silver
20:36 Debanking as a Political Weapon
#silver #silverstacking #silversqueeze

[@utah32804]

Never buy gold/silver because, "it's the deal of a lifetime". I've heard this pitch for years. For the average person, invest a small portion of your saving in gold and silver, put it away and forget it. Don't get caught up in the churn.

[@ptauagpt]

Andy Schectman......basically a genius. Multi level knowledge of so many variables that are important as well as critical to know in investing as well as maintaining wealth.

[@Powerovone]

Mate, your smoking crack. Only thing that changes is another MASSIVE shorting opportunity. Don't fall for this hogwash. These guys are pump and dump MASTERS of the Universe

[@nts713]

I have been buying since 2014 when it was $16 per oz. Sure beats ANY SAVINGS ACCOUNT!

[@jiwcoronado]

Are u still stacking ?

[@thomashusted]

Yes we’ve been hearing this for about a generation that silver is so undervalued and is going to skyrocket any day now.

[@historyraven99]

It did in 2008 or 2009. I was dating a metals guy back then and my friends invested and did very well.

[@XtinaRenee]

I invested 30k in gold & silver 3 years ago & it did much better than if I left it in the stock market.

[@hugohabicht9957]

On which planet was that 🤔?

[@bar8665]

Awesome. Did you go with physical?

[@Pam_HRL]

Better than a bank, GFY 👏

[@nts713]

The worst-case scenario is Silver increases w the money supply, it is still better than a savings acc

[@brucejanssen7768]

I agree 100% with this break down on the way silver will perform!

[@wimvanaerde6249]

Been hearing this forever now 😂😄😄

[@relationshipmoments1]

Hey, did you hear about Noah 😂. He's been building a boat in the middle of nowhere for 50 years, saying it's gonna rain. It hasn't rained one drop😂😂😂😂. He's still building it.😂😂😂😂

[@KathrynHolst-lq6of]

Okay... I have a "treasure box" filled with 358 ounces of silver, plus a few gold coins. I'm not in any way expecting this to skyrocket in value. I don't even think of it as an investment, more like an old fashioned way of keeping a little money in reserve.

[@Fuzzysemi46]

If they can find a metal cheaper and works better than silver in the next 10 years I’ll be amazed. The world needs silver like it needs oil.

[@Clade-x]

Uranium

[@heinedenmark]

Heard this SO many times.. Since I started trading in 2016 🤷‍♂️

[@matthewm9261]

I'm 5 years dumber than you. Started in 11

[@Brandon-jw5cv]

Yep, it's called talking your book in trader speak. If some mainstream equity guy starts going bananas for silver, I will probably listen.

[@MrCarlosVillasenor]

This ain’t a get rich quick, this is a longggg term investment strategy.

[@garysabourin9331]

When has silver Not been money?

[@kenpogue7399]

Jum jui is the way to go

[@GregInATX]

Silver pumpers gon pump. Especially when they trying to sell it to you. What do you expect him to say. Silver is a $#!T investment??

[@drumbummpops7618]

No shortage, plenty of silver. Stop paying for over priced silver products. Listen to people not selling silver to get the real story.

[@benjaminmoore528]

So are you calling Andy a liar

[@henryvanderbeek2973]

@@benjaminmoore528 He's probably well intentioned.....He just doesn't have a full grasp of all the markets...

[@ocavaleiro177]

Each tomahawk uses 15 kg of silver, in case you don't know.

[@SCoolbeth]

I think he's referring tovehstscon the ground not what physically exists.

[@robertmilo4042]

Demand down, Premiums down.

[@brianquigley6862]

Thx for this video. You asked some very good questions imo and Andy seems quite sharp and informed. I agree somebody is manipulating the futures market and Andy said a few big banks have huge short positions on COMEX. Where is the data to verify that? Where is it public knowledge? Also, you asked a key question re: premiums, which I too am concerned. I don't own a coin shop or live on Delray beach but I think some alternative suggestions for participating in the value of a generation would be a good topic of discussion. Today, while informative, comes with a definite bias. How might a person not interested in stacking or holding silver participate? Thx so much for the video. I learned quite a lot!!!

[@CommodityCulture]

Thanks for the comment and for watching the video. Although there are vehicles like the PSLV ETF to gain access to silver without holding it, I truly believe you do need to have some in your own possession.

[@matthewholbrook1265]

When the premium price is too high on both gold and silver, it's just not worth buying. 10 dollar premium on silver is too much. Same for a 70 dollar premium on gold.

[@bar8665]

That's the real price.

[@TheMostSlyFox]

​@@bar8665Until you ask anybody to buy it off you and they pay spot

[@PamenterDoug]

Andy was really on a roll today!

[@borisbuliak3626]

I hope all the ppl that took the time to comment that this is more of the same, why stick around? It’s true it’s more of the same ol same ol, but I’d rather be safe than sorry decades early than a second late. Thanks Andy for continuing to talk ur book.

[@CommodityCulture]

Agreed and thanks for watching.

[@InsideOutside360]

Great insights, my silver stacking will continue after this informative video, mucho thanks.

[@CommodityCulture]

Thank you for watching.

[@antithesespistopheles8112]

The Michael Sailor of silver.

[@RickFronek]

Appreciate all the insight Andy

[@justpete2748]

….. Is the discount code for his offer of the week not in the video description? 😉

[@robertdagge200]

He MUST get bored saying the same blurb in every interview. And where is the $50 being discussed for yeeeaaars? At least uranium is up....

[@Canadian_Eh_I]

Uranium has absolutely crushed silver gains. Its tripled and silver is still below its 1980 high? what a joke....

[@leahwilliams7002]

Bankers and other big players suppress SLV so they can buy it cheap. Point is they are buying tons. When they deplete supply, Then they will want to be paid and and they let It rip. And if you own it, you get a pay day too.

[@RjReactionZone]

Love silver and been accumulating but think real reason being kept down is because of how many applications its used for, the big guys like pharma / energy companies keep it low really if silver jumped so would everything its used in

[@CommodityCulture]

Very interesting point, thanks for watching.

[@quinntheeskimooutdoors6234]

😊Thanks

[@garykaplan7611]

If Andy thinks it's far from Southern FLA to Vancouver, clearly he's never travelled there from Serbia. The truth is, in 33 years in this business, never has Andy seen anything like this before ! ! !

[@brianwest7344]

If theres such a shortage why are the miners selling it so cheap?

[@joshuawilson1407]

Price Manipulation using future contracts

[@mikenicee]

I ask this all the time and never get a real answer. If I'm a miner, and the price of silver is less than it costs me to mine and sell it.. how on earth can the miner sell it? Doesn't make any sense. Obviously the cost to mine it is LESS than the 'manipulated' price.

[@brucemccall4320]

Great question

[@nofyou5182]

So you think mines' only source of income is the thing they primarily mine?

[@M.R.T.V.Videos]

This makes sense but I don't know if it will ever happen. The problem is you buy expensive always at least 4x the weight value and sell cheap . What do you get 1/2 the price back ? LOL. You only break even or get more by selling it yourself online somewhere

[@gentelmenschannel5028]

By the way in islam we pay Zakat in Gold and silver . If you exceed or have 85 grams of gold or 595grams of silver you pay about 2.5% of your wealth to the poor and needy it could be a called tax as well. If you divide 595 by 85 you exactly get 7 as a ratio. 😊

[@CommodityCulture]

Very interesting, thanks for sharing that.

[@brainstain2904]

He is right about most stuff!

[@redpillinsights7747]

The only problem that I am seeing is that as people die off from the shots, there will be less demand on everything.

[@murraymetcalf-CA]

A fascinating discussion. Lot's of important points to consider. Not quite sure whether to consider this as good information, or hype/sales talk, or perhaps a lot of both? Andy is obviously very knowledgeable and well researched (and he is gifted with a "silver tongue, no pun intended). What he saying appears to make a lot of sense and certainly warrants my further investigation. Regardless ... I appreciate this conversation. Thanks!

[@sexmachine3054]

It will go up one day 🎉

[@IBHIPRU]

Why buy silver? If he banks that are being paid to short silver continue to do so going forward, won't the price of silver continue to be depressed into the future? In my opinion, unless the massive shorting activity of the banks is stopped, silver as an investment is a non-issue.

[@ranlo1]

When the banks disappear, their shorts will also

[@ILLUMINATOR49]

Andy’s professional experience and integrity qualify him to share his honest opinions, however, there are none so blind as those who will not see.😎🖖

[@CommodityCulture]

Agree with you there.

[@Powerovone]

Hogwash, complete rubbish. Pump and dump specialist who will swap silver for fiat all day long

[@d4v1d5c0tt]

I bought £1900 of silver 3 years ago, its now worth £1421. I waiting for it to go up!!!

[@romanshevy257]

So I see the 1000 oz bars come in many variations of volume. IE 1022 oz, 1007 oz… Why?

[@goldcic]

Same silver mine owner.

[@luisraya8734]

Could the GSR revert, for example 1 oz of silver is 2 oz of gold? I don't know if that makes sense!

[@ryanhofmann5077]

Impossible? No. There would have to be some world changing event to make that happen. More than 86% of it would have to disappear unfortunately.

[@luisraya8734]

@@ryanhofmann5077 Thanks Ryan! have a good one!

[@billyd1107]

Could you please have warren irwin on again soon to talk about #Uranium supply deficit. He can talk about supply showing up mysteriously and satisfying demand. Uranium is getting to hot and people are getting too excited -- we need a downer.

[@joshmae5134]

With this info, would you advocate for physical silver or silver miners? I like the miners because I can do that in my retirement account.

[@michiglenn]

I do both for a litany of reasons. I think in the most extreme/worst case scenario (i.e. USD currency crash), physical is certainly better to hold than having shares in a mine.. especially mines in foreign countries with high political/economic turmoil. There’s plenty of cases where politicians (particularly socialist/communist-led countries) nationalize & confiscate mines ultimately kicking companies out (or arrest them) & leave shareholders holding an empty wallet. China was notorious for this & now, you’re starting to see a lot of Latin countries do the same now. Chile is currently nationalizing their lithium mines (biggest lithium deposits in the world). Top 2 lithium producers currently operate mines in Chile. I’ve actually had this happen to me once too. It sucks. So, investing in a mining company requires one to be astute to the political environment in which said company operates their mine(s). It can be risky & unpredictable. Nonetheless, I think it’s smart to retain investments in both.

[@1969bones69]

Both.

[@joshmae5134]

@@michiglenn thanks. Great points!

[@oldcards65]

Best investment by far storage units 95% of mine are full

[@LoricFox]

Smart lady💕😁

[@johns5256]

This is his best pc in recent years. He dropped his diplomatic veneer to speak plainly.

[@janc6281]

Why is availability so good at the moment?

[@johngordon880]

Jeffrey Cristian says the opposite, that there's literally 10 billion ounces of Silver, with new depos for storage being built for the Comex , LBMA, ready to be dumped on the market at a days notice. ?

[@CommodityCulture]

I've heard this from him as well, he could be right but many have refuted his claims.

[@johnharland226]

I know he always talks his book,but i believe he is sincere. Eventually silver will rip upwards.

[@leonwangls]

In 1 year or 20 year. 😂😂😂😂

[@CommodityCulture]

I also see this being the case, people are very impatient and it might take longer than many hope.

[@stuartmckenzie8095]

The thing is about anything legal you have to opt in as anything legal is run by the bar guild private legal society; it isn’t necessarily lawful. Unfortunately opting in can be by not opting out; the legal system is built on presumption.

[@andreavandekleut6379]

i,m waiting for Rick Rules bank ( both USD and metals).to open,

[@digitalfly772]

Francis Hunt has done his technical analysis and says silver is going to drop below $19. Best time to buy will be around March of 2024. Relax and keep your powder dry folks. The only thing silver dealers can do is the obligatory "Silver is running out" FOMO thing..... Don't listen !!!

[@TheAgTeam]

Always educational and enjoyable listening to Andy

[@CommodityCulture]

Agreed and thanks for tuning in.

[@George-nn8ui]

The main thing to consider is the gold to silver ratio which is nonsense., silver used to cost very close to gold.

[@daveforgot127]

Look at the spikes prices of silver over the years. When it reaches its highs, silver never stays close to. That concerns me.

[@ranlo1]

many of the spikes like in the 70's was when the market was being artificially manipulated up just like it is artificially being pushed down now

[@CryptoVin]

If Silver is being suppressed and has been suppressed, why would that change? No one seems to be able to stop that so why wouldn’t go on indefinitely?

[@robertmilo4042]

Yes, why invest in corrupted metals?

[@CommodityCulture]

Because eventually, supply/demand fundamentals matter.

[@robertmilo4042]

@@CommodityCulture Never in 1000 years has there been a shortage of silver

[@robertmilo4042]

@@CommodityCulture Keep Dreamlng, S@P 500 Rules

[@bar8665]

​@@robertmilo4042You can read the studies yourself on how much silver is in the ground. It's a science topic rather than some pumper salesman.

[@Myscentsei]

Headwind is that it doesn't know about the inflation. Tailwind is the inflation...

[@MrAnderson3]

The problem I have with silver being used in EV and Solar panel applications is that silver is too expensive and will continue to get more expensive to be used as the primary element in those applications. I don't think manufacturers want to see half their cost going to just 1 metal so just like how companies are trying to steer clear from Cobalt in batteries I think silver will be the next to be replaced in green energy

[@markbrophy5454]

The opposite is happening. The new solar panels are more efficient, they generate more power, because they use more silver than the previous generation.

[@henryvanderbeek2973]

@@markbrophy5454 Engineers are very smart, and they can always figure out a substitute.....

[@1969bones69]

Cool story bro, what are you going to replace it with? Tin foil........?

[@1969bones69]

@@henryvanderbeek2973 Engineers dont create natural materials. They use them. You are talking about alchemists. You know, like those guys that have been trying to make regular stuff turn into gold for 1000s of years. You go ahead and wait for that.

[@MrAnderson3]

I'm not disagreeing that silver is more efficient but I'm saying I can't see it being sustainable in the long run as it gets more scarce. Air conditioning manufacturers are trying to replace copper with aluminium for years, they haven't succeeded as of yet as aluminium corrodes but they are trying Also every battery maker is developing replacements for cobalt as it's too unreliable being that 70% of it comes from The Congo

[@markhicks2800]

Somebody should tell silver all this information it doesn't seem to know!

[@Roylamx]

Why blame the Creator's precious metal for the ignorance of the People? Blame Banksters for creating and encouraging financial ignorance and learn to avoid it's toxic consequences.

[@nts713]

I recommend also owning quality Mining Stocks, but only w a dividend! My personal opinion

[@LoricFox]

The best🥇💰😁

[@LoricFox]

B2gold (btg)

[@marciabonk2533]

He doesn't push it and gives good info. I'm feeling positive it will break out soon, 6 mo??

[@knowone-sts2263]

Presious metals always drop during recessions. Don't buy until the middle of the economic downturn.

[@hugohabicht9957]

Correct. Price is determined by paper metal not physical.

[@thecooler7235]

Jaime Diamond controls the silver market, he's da man..

[@markz.5891]

Can we get the Hunt brothers drive silver higher again by having them try to corner the market?

[@carpentertom2835]

I think their both dead

[@bar8665]

I believe Chase has a bigger stack than they did

[@originalintent6916]

and the above ground that is not in a landfill is about 2 silver to 1 gold.

[@markz.5891]

Someday silver will take off, hopefully to a huge degree. In the meantime I'm done with the stocks until it starts to move decisively. I just sold my Pan American stock today when it bounced 3%. Happy to get out with only an 8% loss. Lots better places to put my money these days. I will keep the 15k I have in physical silver for now.

[@markbrophy5454]

Pan American Silver is a gold company, they need to rename themselves to PAS Mining.

[@hugohabicht9957]

Some day yes.

[@nik-to4sx]

I really doubt regarding about purity of Precious metals... Not possible to suppress prices for so long without seriously diluting purity

[@rKingSalami]

He basically listed all the reasons why the Silver price would not be allowed to go up. They would bring it down and replenish all the weapons sent out

[@matthewholbrook1265]

Buying half dollar as well as Eagles

[@wilburpaulk2371]

He asked why would banks short silver, but he does not say why.

[@MrCurly39]

Heard this same song and dance in the 70's back then all about film and silver...today its solar...tomorrow something else

[@wawaldi]

Silver pumpers : Maloney,Schiff,Kiyosaki,Zeng,Morgan,Kitko and on and on...

[@GoodmanMIke59]

I love you guys but everybody is on each everybody else's show. And you always say the same things. A. "Chicken Little, the sky is falling" B. "But this is not Financial advice." C. "Be sure to subscribe, like, share, leave a comment." Applies to all of you. Andy, you, Mario, Rafi, Lynette, Dunnigan, Holter. Let's admit everybody's giving each other a circle jerk. 1. Fiat is bullshit; 2. Paper Ag/Au manipulated; 3. Purchase when low; 4. Use a reputable dealer; 5. Each type, size has advantages 6. Hold; 7. Trade at the right ratio; 8. Make part of holistic prepping 8. Trade for durables; 10. Sell if you are broke. Bonus: 11. Stay out of debt.

[@jelanithompson3064]

I mean, they're all right. It's just a matter of timing.

[@user-mm8vw1ow1x]

Its been decades. How long does it have to stay undervalued before we realize its just valued?

[@bar8665]

It's more about the story of the US fiat dollar IMO

[@archangel5410]

Did some quick numbers, silver troy ounces mined globally each year circa 820M, Troy ounces consumed in 2022 = 1.24 B, above ground inventory = 2.42 B. Should all else remain equal, all above ground inventory will be exhausted in just 2 years!!!!!

[@LoloLolo-nv1wg]

Gold coins is cool and personal

[@jamesholder86]

Silver mining stock has been going down for the last 12 months. I would like to know why.

[@LoricFox]

Time to buy🤑💰🥇

[@russiachinanorthkoreastatetv]

Always do research & pay the minimal amount possible per weight

[@markz.5891]

It's true most silver is mined as a by-product Companies aren't looking specifically for silver because it's not very valuable.

[@Jukebox1968]

Absolutely and mines can care if the general public ever buys an ounce of silver. I know fourth generation silver miners. Got every ounce they can mine on a contract for 100 years. Inflation and literally every mining cost adjustments imaginable in every contract!! Who are you people trying to bull 💩?? Silver is not going anywhere anytime soon?? 🤷‍♂️😂😂

[@matthewholbrook1265]

Social security , Medicare, disability insurance shouldn't be having a problem. People pay into these weekly. The gov. keeps taping the barrel is the only reason the money isn't there.

[@brucejanssen7768]

Let's GO!! Andy.Honest gentleman GOING!!! Buy what he is saying.

[@donarmando916]

Let me know when it happened.

[@ddprepper5227]

It's a historical buying opportunity to get it while you can

[@garypowell9006]

Finding a good LOCAL dealer can be a really good plan.

[@aliamini8478]

One of the best videos I have watched

[@CommodityCulture]

Glad you found it useful!

[@newera4260]

Currently, precious metals dealers are working with lots of KZbinrs to pump sales ... it shocked me to the core that even MMA (MIx Martial Arts) channels are promoting precious metals! And .. smart money are using analytics to track the sheeps .. when all the sheeps get in, closed the door .. it is slaughter time .. and the recession bell ring .. all stocks, commodities and etc drop to rock bottom .. n smart money comes in to buy up everything.. the rich get richer and the poor get poorer .. n history repeats .. this is the true wealth transfer algorithm tried and proven working all the time! 🙏🙏🙏🙏

[@joshl5658]

I feel like this describes the crypto market at the moment.

[@matthewholbrook1265]

I think its funny that everyone is yelling, " THE DOLLAR IS FAILING." And all they talk about is buying government bonds and treasuries.

[@bar8665]

Peter Schiff would be an exception.

[@johnharland226]

One has to assume that as soon as a bail in is announced officially, its over.The whole thing will blow.Bang.Then it will be too late to prep!!

[@StoicBarbarian]

Uranium profits will go into Silver and Copper.

[@zachcauthren]

underrated comment

[@thehungergames8918]

Very wise decision 😃✊

[@jgregk4177]

As in the days of Noah most did not heed the warnings thinking themselves wise.

[@skiph3]

I love his act.

[@metricdeep8856]

Silver premiums are the lowest? Does anyone see that this is not true?

[@strannick2212]

thats what they said last generation

[@fantasticchupacabra7205]

sure buddy

[@themuilover]

In case of a bail- in. What happens to the SAFETY DEPOSIT BOXES? Can the bank rob the safety deposit boxes?

[@bradelford363]

Yes they can, and will...

[@CommodityCulture]

That's a good question.

[@tjfamily9263]

Jesse: I've realized that Silver is the New (Next) Gold. Let me explain after putting a lot of thought into this. The drawback of silver is the number of ounces needed to store wealth. What happens when silver hits $100 an ounce? You can store four times the wealth for the same ounce. You have 1/4 the need for silver for wealth movement. This is going to happen. More and more people will store silver as wealth because he takes up less space and is easier to move. So there is this paradox that silver becomes more valuable as the price rises not based upon the price itself, but because of its value as wealth preservation. Gold will be too valuable and risky. But when silver hits $100 per ounce, you can store $5,000 by holding just 50 ounces. It's a kind of paradox. It's reinforcing. A higher silver price makes it more valuable because less is needed to store and move wealth, and that includes among nations. And that is exactly what is going to happen. The higher silver goes, the MORE in demand it will be as a precious metal. Silver is the New Gold.

[@CommodityCulture]

Interesting thoughts for sure, thanks for the comment and it will be interesting to see how it all plays out.

[@tjfamily9263]

I acted in Belgrade in the 1980s and it was mah-vel-ous. I'm thinking about doing what you did and getting out of here (The West). I might seek advice if/when the time comes. You're a great interviewer - relaxed, prepared. Thx

[@timkozlow5258]

Seems like wishful thinking. I agree with him and thing it should be much higher. I have been waiting 20 years for it to go up. I stopped a year ago buying and focused on gold. I kinda of gave up on silver to be honest

[@thecooler7235]

I cant believe the silver miners arent doing anything about the low price. All they have too do is shut down mines for a little bit and watch silver sky rocket.

[@donotconsent-op7gq]

why ia 1 kilo 217$ and 1 kilo is 800$ that is making me wander why>?

[@stevolanddownunder3549]

Silver may be used to back the new digital Sterling pound.

[@CommodityCulture]

That would certainly be interesting.

[@ginacardarella]

When you're saying silver. I wish you'd be a little bit more specific bars,bullion, stocks, collectors coins.?

[@CommodityCulture]

Not financial advice but if you're new to the space then physical silver in the form of whatever you can afford in the cheapest and with the lowest premiums is a good place to start.

[@FireShine-ss4sb]

We can eat silver but it turns people blue. No changing back either. Look up "colloidal silver blue people" The picts were a tribe that had blue people from tin and silver mines.

[@r.s.334]

I like silver but have heard all this before for years. I'm just waiting it out. Eventually we will hit ATHs and no one will see it coming (though all these gurus will claim they did).

[@Jukebox1968]

Absolutely every one of the story tellers will want credit!! If I die and go to hell and these PM pumping KZbinrs like, Peter Schiff, Ron‘s basement, Robert Kiyosaki, Andy Schechtman, Rafi Farber, Lynette Zang, Mike Maloney, Silver slayer, and the rest aren’t there? I’m not staying!! 🤷‍♂️😂😂

[@r.s.334]

@jukebox6841 hahaha..... I hate most of the people you mentioned, too. Maloney cost me A LOT of profits cuz I was an idiot and listened to him. I pulled out my wife's investments LITERALLY 2 weeks before everything crashed in 2020. I was so proud of myself BUT then I listened to that asshole and was so scared I never jumped back in missing MASSIVE profits. I will never forgive him or most of the people you listed that say the same thing for 10 years. Slimebags.

[@JesseJ.Speigner]

Who pushes silver is irrelevant....only thing that matters is if the information being espoused is true..as things deteriorate over time there will be a revert to mean in silver.....people will push money into acquiring $25 silver vs $2000 gold as a lack of funds and plummeted trust in the system

[@Jukebox1968]

@@JesseJ.Speigner If things get that bad. Food shelter fuel will be way more important than precious metals!! No one will have any more of a clue what’s coming than you will!! So why precious metals?? Least of all silver. Silver has never saved anyone!! Even during the Great Depression. People who had money in investments and stocks did very well, as did those who owned land. Silver was a measly 29 cents an ounce in the depression!! Silver being insurance, wealth preserver or hedge is a myth!! Anyone feel free to prove me wrong. I will wait!! 🤷‍♂️