GOLD & SILVER, GUNS & AMMO, FINANCIAL PREPPING - How to combat inflation - Reddit silver squeeze

3 years ago
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Lumberjack Logic - How do you combat inflation and prepare for a doomsday scenario or zombie apocalypse? In this episode we look at “stores of value.” Often times people look to precious metals like gold, silver, platinum, etc, but in times of crisis guns and ammo also have historically high values and an ability to fight inflationary pressures.
The current P/E ratio of the S&P 500 is hovering right around 40, so stocks already are vastly inflated. Many people are also speaking to how physical silver has already detached itself from what is reported on the COMEX. People believe that this is because funds like SLV do not actually have as much physical silver as they are selling on paper. This has inspired Reddit groups like r/Silverbugs and r/Wallstreetsilver to promote the buying of silver in hopes of crashing the COMEX and causing silver prices to dramatically rise. The gold to silver price ratio is not in line with the historic norms, which is also promoting belief in the silver short squeeze, which really isn’t shorting per say. It is more aptly called the silver squeeze.
Welcome to Financial Prepping for beginners where stores of value reign supreme.

#silversqueeze #investing #silver #gold #reddit #silverbugs

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