Comment by Noaidi

Comment by Noaidi 2 days ago

12 replies

Gold and silver mining stocks. And International ETF funds. It looks like the United States will be going through the depression alone.

teiferer 2 days ago

Buy high, sell low. Excellent result when you follow the masses, especially when being a little late.

  • Noaidi 2 days ago

    Where was I giving that advice? Gold and silver mining stocks are extremely low compared to the price of gold and silver buying mining socks right now is buying low.

    • marcyb5st 2 days ago

      AUAU ETF crashed 11% today... Ask me how I know that :(

repelsteeltje 2 days ago

Was thinking the same, but why would everyone be more interested in gold an silver in a couple of months than they are right now? Sure it beats holding dollars of stocks.

But, keeping both feet on the ground, I'm tempted to think that if the economy collapses I'd not be very interested in buying precious metals. I'd be looking for food, a roof to live under and safety.

  • Noaidi 2 days ago

    You can invest in silver mining stocks, and be concerned about food at the same time. One is for long-term survival. The other is for short term survival. You can think of things like toilet paper and razors as bartering tools or actual new money, and the golden silver investments as objection of the current money you have right now.

    My grandfather lives in a great depression in Manhattan. He told me some crazy stories, but you know what most people made it through. I think this time our system is more fragile, but I have no doubt that human survival is much stronger than me think as well as human socialism.

    For instance, I am homeless living with schizoaffective disorder and I’m not worried so why should you be?

    • repelsteeltje 2 days ago

      Coincidentally: Silver plunges 30% in worst day since 1980

      https://www.cnbc.com/2026/01/30/silver-gold-fall-price-usd-d...

      • Noaidi 2 days ago

        Where was the news when silver was going up and having the best days it’s had since 1981?

        On January 26, 2026, silver experienced its largest one-day jump in 45 years, with front-month futures soaring by 14%. Spot silver prices surged to over $109 per ounce that day, driven by heightened safe-haven demand and industrial usage. The rally continued to push silver prices toward $120 by January 29, 2026.

        And regardless, silver is still at an all-time high.

        When you start saying that the news is biased against certain commodities or equities, you’ll start to see how the game is played. This is a tactic of JP Morgan.

        Volatility is expected. Always remember that. Volatility is expected in fragile economies.

SchwKatze 2 days ago

I saw the graphs of some silver mining stocks and it seems to just follow silver price, why don't just buy silver then?

  • czechdeveloper 2 days ago

    Mini stocks were traditionally used as way to invest in asset as a security. But currently with all the ETFs that are backed with physical asset itself, I'd choose that way.

    Holding asset yourself (gold) causes logistical issues and massive buy/sell split on your side, but it has some advantages too.

  • Noaidi 2 days ago

    Mining stock are lagging, so they have the highest to go right now.