Toronto renters would have to make about $44 hourly to comfortably afford a one-bedroom apartment:

So glad I locked in my mortgage for 10 years last decade. If all goes well, by the time I renew, I will have enough saved to pay the principal to zero.

Hopefully we aren't full Weimar by then.
 
unless something goes bad next month I can pay off my house in full and I'm going too.
 
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@border_humper

I am not a financial advisor, but I wouldn't worry too much about a single drop in price on one day.

Three things to keep in mind here:

There are lots of silver and gold based financial products that may or may not be actually backed up by physical gold/silver. 'Paper' silver has been used to suppress the value for decades.
The ratio of silver to gold has been over 80:1, which is extremely skewed when compared to history when it has been less than half of that ratio. In reality outside of the bullshit market, I would peg silver to gold at 40:1, which tells me that once the actual market corrects, physical silver will be set to double in value (at least) and this will be triggered by the collapse of the dollar.

The second point is fiat currency : it's the worst thing to hold. It loses value year over year and if you have no debt to consume that fiat currency, it's basically like owning a stock that is always losing value. There is a very good chance that one day we all wake up and are told that our fiat dollars are worthless, and at that point it will be too late to turn those dollars into actual wealth.
Thanks to ever increasing taxation and inflation due to quantitative easing, this can't be avoided.


The average normie hasn't been engaged in the metals market - who cares if they make money in the stock market, it's all fiat currency. Eventually they will figure out that they will need to turn their currency into some sort of asset to retain their wealth, and that's when they will be desperate to acquire something like gold/silver. When FOMO sets in and silver becomes harder to get, it will only drive the price up further. Imagine what would happen to the value of silver if just 5% of the population began stacking tomorrow?

Here's the movement for the last year -

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Silver has moved up ~$20/oz (USD) in a 12 month period. That's roughly a 55% increase in value - and I think this is just getting started because we have yet to go full Weimar. If you think you have missed the boat with stacking, my opinion is there is still lots of profit to be made.
 
How much do you get paid to live on the street? Asking for a fren
 
Your apartment is free if you’re a refugee.
 
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@Nink
scream-bugs-bunny.gif
 
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