$1 billion (USD)

[pmbug]

Here are the reasons I invested close to a billion dollars in precious metals over the past six months—including the purchase of 1.5% of the annual global silver supply (12.69 million ounces) :

The global monetary system is about to collapse (The Great Reset, or Basel Endgame).

The biggest credit bubble in history will soon pop ($300T).

There is no way the US can refinance its $28T in maturing treasuries in the next 4 years without an obscene amount of printing.

Trump tariffs are hastening the collapse, and it’s by design.

Gold and silver are the only meaningful life raft. Physical possession is everything.

The whole world right now is a sophisticated game of musical chairs; the chairs are precious metals.

Crypto is a psyop. Those who purchase will have no chair when the music stops.

Real estate, crypto, stocks and bonds will all lose significantly compared to precious metals.

The banking system has been meticulously designed to seize your assets to buoy up a collapsing banking sector (see The Great Taking). You have ZERO counter party risk with precious metals.

I’m up 20% already, on most of my purchases.

This is not a drill. Your grandkids someday will either muse or lament this financial decision you’re now faced with. Don’t fail them.

Not financial advice. For educational purposes only

 

[Sandy Gooch]

Ive never heard of Hecia
I suspect that his boating accident would be salvaged much more efficiently than that malaysian airlines plane with the semiconductor experts in it.

 

[STKR]

50% silver. That says it all. The sheer volume and logistics + storage challenges that would pose vs the same $$ amount in Gold. The facts are, Silver presents the greatest opportunity of any metal for a long term hold for those who can stomach the challenges of moving and storing the metal.

To think that this individual would have more strategic silver reserves than most countries.

 

[ozcopper]

Hecla is a silver mining company: https://www.hecla.com/

 

[Serial]

This is a subtle pump and dump play

 

[STKR]

This is a subtle pump and dump play

What are you referring to?

 

[Serial]

What are you referring to?

The shares, draw all the precious metal bugs in with a big headline that gets their attention to invest in a share that they would not usually buy, then sell when stocks go up

He could have referred to mining shares but chose to specify which one.

 

[STKR]

The shares, draw all the precious metal bugs in with a big headline that gets their attention to invest in a share that they would not usually buy, then sell when stocks go up

He could have referred to mining shares but chose to specify which one.

I thought he bought all physical? Referencing the coming economic meltdown. He does say "physical possession is everything".

 

[Serial]

I thought he bought all physical? Referencing the coming economic meltdown. He does say "physical possession is everything".

Yes, that's the imputation of the post, then you go" what is hecla?" You google it, find a mining share and think, wow it must be good if this guy is spending $100m on it, you buy in despite being physical only usually and share price gets pushed up

 

[STKR]

Yes, that's the imputation of the post, then you go" what is hecla?" You google it, find a mining share and think, wow it must be good if this guy is spending $100m on it, you buy in despite being physical only usually and share price gets pushed up

Ah, ok, I see what you mean now. It's a valid diversification but pretty strange to talk about the importance of physical and the threat of collapse in the same post you boast about buying mining shares.

 

[Serial]

Ah, ok, I see what you mean now. It's a valid diversification but pretty strange to talk about the importance of physical and the threat of collapse in the same post you boast about buying mining shares.

Exactly! Perhaps I have become jaded by all the financial thirst traps online but this post just screams targeted marketing