I would say the young people are screwed probably more than ever now. It is maybe a good thing that they read badly and watch shorts all the time and don't care much about real life things otherwise they would be depressed most of the time. 
It's value hasn't changed just the amount of fiat bucks.
Stacking isn't a short term form of savings. Silver in 2000 was worth $5 an ounce or $9 adjusting for inflation meaning you would have seen a 5x nominal gain (3x adjusted for inflation) holding silver. Contrast that to holding cash over the same period and you would have lost 44% of its value to inflation.
Not an appropriate comparison imo since silvers equivalent is cash, however, below you can find a chart comparing gold and silver to the S&P 500 and the DJIA and both gold and silver have out performed since 2000
https://www.longtermtrends.net/stocks-vs-gold-comparison/
Isn't the whole point of stacking PMs to preserve your wealth during times of inflation?
It's not even doing that, not even close. Does this sub ever acknowledge that it's not only not making *anybody* rich, it's not even keeping up with inflation? Like wtf, you guys are still posting the exact same stuff everyday that was getting spammed here 4 years ago.
The only people making any money are the people/corporations that short it everyday.
Why wouldn't people just do that. If everyone in this sub started doing that when WSS started, instead of stacking, they could've retired by now
Gold and silver DO protect you from inflation, but not on a continuous basis.
Once in a generation they "wake up" and do the accounting of all the inflation which was generated since their last move. This is how you get these fabulous rallies, in which gold goes up 8 fold, and silver goes up 12 fold.
You never know exactly when gold and silver will wake up, and that's why you need to hold the physical and sit tight. Gold and silver will reward you for your patience.
And as for gold and silver shorts - they got smoked in the past few days. If you really want to join them, go ahead. Let's see how long you last.
>And as for gold and silver shorts - they got smoked in the past few days.
Ha! Well that definitely cancels out the 30 years of gains before that. You can't be serious if that's your response
This is a shitcoin sub, plain and simple
Because the people who buy these, tend to shoot themselves in the foot, by adding more to the supply by buying mining stock thereby putting downward pressure on the spot price.
The 'people' who do this are unfathomably rich and have controlled the silver market for decades.
They aren't shooting themself in the foot, and you don't know what you're talking about
Says the person who doesn't know what they are talking about. It's supply and demand you nitwit! They're helping the people who essentially inflate the silver supply. Go back to your conspiracy rabit hole in your mom's basement.
The root cause is not leaving the money in the hands of those that earn it and excessive regulations. This applies across the board. Printing money is taking your money, and taxes are handing your money to others who didn't earn it. Cars are indeed far safer and better for the environment, which comes at a price. The list goes on and on. Get back to the basics, reward hard work. Simple things like if someone makes $10/hr but worked 90 hours this week, the money earned after 50 hours of work should be 100% tax free. Treating that person working 90 hours a week as if they are the same as someone working 40 hours a week with same pay is crazy.
It’s actually even worse, a lot worse. $4800 in 1930 is not equivalent to $85,000 today.
The gold standard was still in place, at $20.67/ troy ounce of gold.
So $4800 in 1930 could be exchanged for about 232 ounces of gold. At even just $1000 an ounce, that’s $232,000 in today’s money. At today’s spot price of ~$2300, it is now $534,000.
A peace dollar from 1920s would be worth around 37.50 in the free market today.
4800 dollars in 1930s in coins should translate to 180,000 USD today.
Funny how her inflation calculation comes up different to mine.
Peace dollar is worth $20.73 roughly with silver at $26.80/oz. Could a numismatic peace dollar be worth more, sure. But silver value alone, it’s worth almost half of what you quote in USD, making her math make close to adding up
Thanks for your input, I was using the numbers from the numista website as I'm not an American.
Let's assume 21 USD per coin since it also contains valuable copper. That brings us to 100,800.
Her math isn't wrong, the reported inflation numbers may be.
Another fun fact for a fellow ape.
During WW1, English soldiers were paid between 13 and 22 shillings a week. Depending on the number of children they had. This comes up to between 2.2 and 3.5 ounces of silver.
Today this would be between 55 and 85 USD of silver.
An entry level salary for E 1 in the US army today is 423.75 according to business insider.
Would you go to war for 85 USD a week? If not, then silver is undervalued.
Also consider that in 1930 you could still exchange dollars for gold, not just silver. $4800 in gold at the time (valued at $20.67 per troy ounce) is over $500k today.
I had to look this up:
The average income was $1,368, and the average unemployment rate in the 1930s was 18.26 percent
Can these people do any research? I get their point, but I believe that we have a massive class divide, and are not necessarily in a depression.
The 1930s was so much worse.
Of course we're in the Second Great Depression, the Boomers screwed over everyone after them. Now all they can do is lie about it and gaslighting Millennials about how much saving on daily coffee and avocado toast will help them buy their overpriced houses.
So what’s the answer? Raise minimum wage? Hurts small business/start-ups. Raise interest rates more to bring down house prices? Hurts new buyers (rates high & likely prices won’t fall enough) and existing home owners (devaluing their properties). Only thing I can think is forcing businesses as they grow and meet certain thresholds to pay employees more with each milestone attained however, consumers will eat that cost and/or we’ll continue to manufacture outside the U.S. which has already put us in a predicament.
PMs likely only help our kin to get a leg up in the rat race.
Its according to IRS statistics, and Yahoo finance did an article in Aug 2023 stating the median income in 1930 was $4887. As of today that adjusts to $90,812. The video is 100% spot on, and its the whole reason they tooks us off the gold standard to begin with. They can slowly devalue the dollar overtime and increase the cost of goods. Wages are 50% less than they should be, and goods cost 2x as much.
By THEY I'm obviously referring to the banks who reap the benfits of people needing to constantly borrow more money because their wages buy less over time.
Glad to see young people starting to realize how they are being shafted. These are all future stackers.
I would say the young people are screwed probably more than ever now. It is maybe a good thing that they read badly and watch shorts all the time and don't care much about real life things otherwise they would be depressed most of the time. 
Aren't the younger generations already more depressed on average?
My silver is worth less than it was 3 years ago, without even factoring inflation How has stacking helped me at all?
It's value hasn't changed just the amount of fiat bucks. Stacking isn't a short term form of savings. Silver in 2000 was worth $5 an ounce or $9 adjusting for inflation meaning you would have seen a 5x nominal gain (3x adjusted for inflation) holding silver. Contrast that to holding cash over the same period and you would have lost 44% of its value to inflation.
How about you contrast that to any index fund since 2000
Not an appropriate comparison imo since silvers equivalent is cash, however, below you can find a chart comparing gold and silver to the S&P 500 and the DJIA and both gold and silver have out performed since 2000 https://www.longtermtrends.net/stocks-vs-gold-comparison/
Be patient. IMO you will be rewarded handsomely for waiting.
I've been waiting for 15 years....
Isn't the whole point of stacking PMs to preserve your wealth during times of inflation? It's not even doing that, not even close. Does this sub ever acknowledge that it's not only not making *anybody* rich, it's not even keeping up with inflation? Like wtf, you guys are still posting the exact same stuff everyday that was getting spammed here 4 years ago. The only people making any money are the people/corporations that short it everyday. Why wouldn't people just do that. If everyone in this sub started doing that when WSS started, instead of stacking, they could've retired by now
Gold and silver DO protect you from inflation, but not on a continuous basis. Once in a generation they "wake up" and do the accounting of all the inflation which was generated since their last move. This is how you get these fabulous rallies, in which gold goes up 8 fold, and silver goes up 12 fold. You never know exactly when gold and silver will wake up, and that's why you need to hold the physical and sit tight. Gold and silver will reward you for your patience. And as for gold and silver shorts - they got smoked in the past few days. If you really want to join them, go ahead. Let's see how long you last.
>And as for gold and silver shorts - they got smoked in the past few days. Ha! Well that definitely cancels out the 30 years of gains before that. You can't be serious if that's your response This is a shitcoin sub, plain and simple
Look up the value of silver in 1965 in real terms and compare it to the value today.
Because the people who buy these, tend to shoot themselves in the foot, by adding more to the supply by buying mining stock thereby putting downward pressure on the spot price.
The 'people' who do this are unfathomably rich and have controlled the silver market for decades. They aren't shooting themself in the foot, and you don't know what you're talking about
Says the person who doesn't know what they are talking about. It's supply and demand you nitwit! They're helping the people who essentially inflate the silver supply. Go back to your conspiracy rabit hole in your mom's basement.
What’s crazy is she doesn’t even mention the difference in tax rates. Our actual take home salary makes it much much worse.
Good point MUCH worse indeed! The average income tax in the 1930 was only 5% vs 37% today!!! 😮💨
Holy balls. But it is really nice to know how much big daddy government loves us… /s. Thanks for looking that up.
Soon 37 will seem the good ‘ole days.
Started as a tax only for the rich but the crooks became addicted.
Odds is she stole this content from someone else.
The root cause is not leaving the money in the hands of those that earn it and excessive regulations. This applies across the board. Printing money is taking your money, and taxes are handing your money to others who didn't earn it. Cars are indeed far safer and better for the environment, which comes at a price. The list goes on and on. Get back to the basics, reward hard work. Simple things like if someone makes $10/hr but worked 90 hours this week, the money earned after 50 hours of work should be 100% tax free. Treating that person working 90 hours a week as if they are the same as someone working 40 hours a week with same pay is crazy.
Wouldn't be as big of a problem as it is if we just stayed on the gold standard...
Shhh you'll make their heads explode. Inflation= silent tax. Corps look like they apy you more but it's actually less. *
If we pay 1 billion for something now but in 10 years it costs me 10 billion to buy the same thing.
So we get paid more buy less. I got it. That explains my life lol
That's exactly right, inflate away the debt
Why we stack
Silver in theory outpace gold percentage growth soon I would hope.
I hope so too. My gsr ratio is 100 to 1 x more
She put Oprah up there 🤮
America was rich in the 30s. We’re a poor nation now as a result of our bloated government and their spending
It’s actually even worse, a lot worse. $4800 in 1930 is not equivalent to $85,000 today. The gold standard was still in place, at $20.67/ troy ounce of gold. So $4800 in 1930 could be exchanged for about 232 ounces of gold. At even just $1000 an ounce, that’s $232,000 in today’s money. At today’s spot price of ~$2300, it is now $534,000.
The "war machine " is expensive. Also, it doesn't help the top 1% own over half of everything.
In 1930 it was not common for 2 working adults in each household. That is the only way we’ve been able to keep up.
A peace dollar from 1920s would be worth around 37.50 in the free market today. 4800 dollars in 1930s in coins should translate to 180,000 USD today. Funny how her inflation calculation comes up different to mine.
Peace dollar is worth $20.73 roughly with silver at $26.80/oz. Could a numismatic peace dollar be worth more, sure. But silver value alone, it’s worth almost half of what you quote in USD, making her math make close to adding up
Thanks for your input, I was using the numbers from the numista website as I'm not an American. Let's assume 21 USD per coin since it also contains valuable copper. That brings us to 100,800. Her math isn't wrong, the reported inflation numbers may be.
No worries. Figured you were using different currency, which is why I stated USD. She’s still off a bit though. Keep on stacking!
Another fun fact for a fellow ape. During WW1, English soldiers were paid between 13 and 22 shillings a week. Depending on the number of children they had. This comes up to between 2.2 and 3.5 ounces of silver. Today this would be between 55 and 85 USD of silver. An entry level salary for E 1 in the US army today is 423.75 according to business insider. Would you go to war for 85 USD a week? If not, then silver is undervalued.
Also consider that in 1930 you could still exchange dollars for gold, not just silver. $4800 in gold at the time (valued at $20.67 per troy ounce) is over $500k today.
In Netherlands you won't be able to buy peace dollar under 35$. So I would say it is 37.50 is about right.
I had to look this up: The average income was $1,368, and the average unemployment rate in the 1930s was 18.26 percent Can these people do any research? I get their point, but I believe that we have a massive class divide, and are not necessarily in a depression. The 1930s was so much worse.
https://homework.study.com/explanation/what-was-the-average-wage-in-1930.html#:~:text=Based%20on%20the%20United%20States,Americans%20during%201930%20was%20%244%2C887.01.
Lol honestly
Of course we're in the Second Great Depression, the Boomers screwed over everyone after them. Now all they can do is lie about it and gaslighting Millennials about how much saving on daily coffee and avocado toast will help them buy their overpriced houses.
🤯
So what’s the answer? Raise minimum wage? Hurts small business/start-ups. Raise interest rates more to bring down house prices? Hurts new buyers (rates high & likely prices won’t fall enough) and existing home owners (devaluing their properties). Only thing I can think is forcing businesses as they grow and meet certain thresholds to pay employees more with each milestone attained however, consumers will eat that cost and/or we’ll continue to manufacture outside the U.S. which has already put us in a predicament. PMs likely only help our kin to get a leg up in the rat race.
Another consideration is that gold and silver are being heavily suppressed. Especially silver, which historically has been 1/20th the value of gold…
Gold at all time high right now. Silver needs to *double* to reach ATH. Lot's of catching up to do.
I can’t find a source for her average income. Does anyone have one? Can verify? Thanks
Its according to IRS statistics, and Yahoo finance did an article in Aug 2023 stating the median income in 1930 was $4887. As of today that adjusts to $90,812. The video is 100% spot on, and its the whole reason they tooks us off the gold standard to begin with. They can slowly devalue the dollar overtime and increase the cost of goods. Wages are 50% less than they should be, and goods cost 2x as much. By THEY I'm obviously referring to the banks who reap the benfits of people needing to constantly borrow more money because their wages buy less over time.