Tax gets misused many times like funding NASA "planet mars mission". There are more meteorite hits on Mars than on Earth but they are spending tax payers multi-million dollars on Mars missions. Wasteful government expenditure of the governments must be cancelled by the taxpayers.
I agree with you about governments wasting taxpayers' money, but that's neither here nor there as far as silver goes.
Just checked the spot price, and
silver is at $14.08. That's less than it was back when this thread was started, so you would have lost value had you bought silver then, just a few months ago. I couldn't tell you whether the low price makes it attractive to buy, but after watching silver drop for the past seven years, I have my doubts. Sometimes when an asset has been beaten into the ground, it becomes undervalued. The problem with metals is that there's no real way to tell what the value
should be. It's not like a stock where you can look at the dividend and management and profit potential; it's sort of like crypto. The price is all supply and demand.
And just like I said back in May, the propaganda machine rolls on:
Buyers waking up to ‘cheap’ bullionSilver Prices: Supply and Demand Disparity Could Result in Huge ReturnsDon't believe the hype--unless world currencies start to crash or we have some sort of serious economic crisis, and I mean a real one and not just the threat of one. If something like that happens or is imminent,
maybe silver will become attractive. But don't tell me that we should expect a crisis soon, because I've been hearing that for over a decade now.
