Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 💰 FORGET Cash! Why One SILVER Coin Still Buys 3 Full Meals 🍽️ #shorts
Transcript
- 0:00However, a a great rule of thumb that I use is as I started in
- 0:042000 when I started buying silver when silver was $2.50 and
- 0:08the silver eagle was was under $5, is that a silver coin ought
- 0:15to be able to afford you a decent three meals for the day.
- 0:19Like you can should be able to get by for the day.
- 0:20That is a bit of a sort of just the natural equilibrium of
- 0:24relative sort of just relative sort of valuation in terms of of
- 0:30being as money. And that's come from that's come
- 0:33from hundreds, hundreds of years ago when if you watch Chinese
- 0:36Kung Fu movie on YouTube and they play Kung Fu, they would go
- 0:40to a meal and then they would take a little ink not and and a
- 0:43place on the table for food. And that's kind of like the size
- 0:46of a coin, right? And you have wine, you have
- 0:48chicken, you have everything. So, so, so therefore $75 is just
- 0:53not far off from where we've kind of are.
- 0:58Assuming there's not a froth in the market is sure enough.
- 1:00I mean, with the war happening, there's really not a nothing's
- 1:02frothy right now. If you look at the commodity
- 1:05complex across the board, like the grains and natural gas and
- 1:09oil was 60 not so long ago. I prophesized that the silver
- 1:13and oil is going to meet two months ago with my, with my,
- 1:17with my audience internally before silver takes off another
- 1:20leg.