cash out and buy silver?

[kapolani]

Be sure to get PHYSICAL silver in your own possession. SLV is for day traders and of course the price is manipulated.

If you can't fondle and make love to it, you don't own it!

Got myself a nice little stack.

Sometimes I pull it out and make secksy time with it. LOL.

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[jackl526]

silver can be controlled by government, aaccording to max kaiser, the silver should be 300 now buy government is undervalue it

How are BTC immune to the same type of manipulation? How do we know that this drastic price inflation isn't a result of government manipulation?

It's hard to take your comment seriously when you claim government control without explaining why or even how they control it.
Thanks

great question! the reason is because there is incentive for people to allow their silver to be helled by a third party since it is very difficult to change ownership of physical silver in a global market. With btc on the other hand there is no incentive for individuals to allow a third party to hold their bitcoins for them, since we can exchange them with anyone we like without relying on an intermediary.

what this means is that since all the silver is held in a central repository it is easy for that repository to lie about how much silver they have.

But what about people who own their own silver in safes/deposit boxes? Silver and gold have been traded and given value for thousands of years. It's understood that they have value and always will. However my question was how can we be sure that the government isn't manipulating the btc market the same way they do the commodity market?

[Anon136]

if you still wanna cash out and buy silver check my bitmit auctions https://www.bitmit.net/en/user/MarketAnarchist

I have the cheapest prices around and a really strong rep

[mj112588]

Wow so much to say here.  I feel the same way OP.  I bought some silver due to the dip but not to actually make money, instead to hedge against losing it all.  I know silver will ALWAYS be worth something where you can't say the same about BTC and other cryptocurrencies.  At the end of the day like others stated it's good to balance your investments so that you have all ends covered, or at least as much as you can.  I definitley think silver/gold is one definite way to do that.