I bought quite a bunch in 2019 for $14.50 an ounce. I would say that was a better investment than most of your tech stocks. Pawn shop here is paying $.50 or so over spot just to try to keep a little inventory. I predict it will push $30 per ounce in 2023. I say hold some but diversify if you can in stocks, land, guns and gold 😁
A pawn shop paying MORE than something’s worth?
They must smoking that $300 a lb weed
Spot isn't "what something's worth." Spot is merely the paper contract price, i.e., the price to hold a contract that says it's based on silver, but isn't really. It's a written promise that's well known not to be deliverable, so naturally it goes for less than the real thing in the hand.
