Silver is worth 1500x its current price (here’s the math)

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Someone might say this. “My understanding has always been that you can measure the "worth" of something by what someone is willing to pay for it and right now it looks like people are willing to pay approximately $2,200 for an ounce of gold, so that is precisely what it must be worth...”

I reject this idea because it lacks wisdom. A drug addict is willing to sell their first born child for a hit of heroin. Does this mean the child is worth one hit of heroin? No. It means the drug addict is bad at valuing things. But right now, you are able to acquire something precious from people who don’t know how to value things. $30 for an ounce of silver ought to be worth at least $3,200 but likely $49,000 or more of equivalent value. Easy trade

So with that being said, here is how you ought to value gold and silver. 

There is $315 trillion in global debt

202,000 tonnes of gold mined

Silver is historical 1/15 price of gold

That gives me a price per ounce of gold of $49,000 and the price of an ounce of silver at ~$3,200

In addition, there are approximately 4-10 quadrillion dollars of derivatives betting that people will pay their mortgage and other debt liabilities. This is a mathematical impossibility so let’s factor in these numbers to the price of gold and silver.

Gold - $667,000 per ounce

Silver - $45,000 per ounce

This tells me one thing. Sell nearly everything you have and buy gold and silver. You need shelter, food, water, self protection, and communication abilities along with other means of survival. But once you have that in place, liquidate your 401k and do whatever you can to get gold and silver. 


Did you go to Chick-fil-a and spend $30? Because you could have used that $30 to buy one ounce of silver, that meal really costs you $3,100


Yes, there’s a risk. This might never happen. I am living like the dollar will hyperinflate to these numbers by the end of April. But even if you don’t have my confidence, you can put something on the bet that I am right. 


- 16 ounce of silver ($480) = $50,000, an above average new vehicle


- 32 ounces of silver ($960) = $100,000, an above average annual salary.


-161 ounces of silver ($4830) = $500,000, an above average US home 


- 1612 ounces of silver ($48,387) = $5M, an above average retirement nest egg

You can buy silver here:


https://www.apmex.com/product/23331/1-oz-american-silver-eagle-coin-bu-random-year?fbclid=IwAR0TYzRFQ4GmlFkR8LahzP3Hm5rMPhu6V4fWjlwo2rhPE7GFwaukPA8G9nQ_aem_ASSDxV0COp2Jql2e_mS_o5nq4r9ilX85SsaYz0iWY-c0d_P1niN9Md9kequo4vJLVqs

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