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Comment Re:Lots of revenue! More sheep! (Score 1) 34

Going based on global population, the US is a major outlier when it comes to cost of cell phone plans. https://www.lovemoney.com/gallerylist/383248/the-cost-of-running-a-mobile-phone-around-the-world

Personally, I think the popularity of something has fuck all to do with its truth, but the above does provide an interesting perspective.

Comment Re: LOL (Score 1) 152

Silver seems too volatile to reliably protect wealth.

What are you using silver to protect your wealth from? "Unstable markets" doesn't seem to fully describe what you're after, maybe global financial collapse is more apt. Would silver even work in such a scenario? I'm thinking non-perishable food, arable land, reliable manual tools, guns, and ammo might do better in that kind of situation.

Comment Re: LOL (Score 1) 152

Silver is both volatile and doesn't have a consistent positive return relative to inflation.

If I want what you call a store of wealth, inflation indexed bonds seem like a better deal because they're less volatile. If I want something to grow my wealth, I'll go with equities.

What is the use of silver?

Comment Re: LOL (Score 1) 152

What use is a "store of wealth" with an inflation indexed price that is both really volatile and shows no positive trendline?
https://www.macrotrends.net/1470/historical-silver-prices-100-year-chart

Equities are volatile, but at least they have a consistent return above inflation. Inflation indexed bonds have a guaranteed positive return and aren't volatile. What use is silver?

Comment Re:a few things (Score 1) 152

First and third, I don't consider it wise to invest based on conspiracy theories.

Second, most of my money is in equities, but I used Series I savings bonds as well. Those are inflation indexed and can be redeemed at any time between 1 and 30 years at book value with no penalty. They dont have interest rate risk as a result.

I have a very low risk for the fourth one. One would think the first ammendment would protect against that unless someone committed a crime. I do have some cash handy for emergencies.

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