LAST WARNING: EVERYONE Will LOSE Money With Gold & Silver If They DONT Realise This – Ed Steer

by | Feb 8, 2023 | Silver IRA | 23 comments

LAST WARNING: EVERYONE Will LOSE Money With Gold & Silver If They DONT Realise This – Ed Steer




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The recent warning from Ed Steer about the potential for losses in gold and silver investments has raised some eyebrows in the investment community. Steer, a long-time gold and silver investor, has warned that the current market conditions could lead to significant losses for those who don’t take the right steps to protect their investments.

At the heart of Steer’s warning is the fact that gold and silver prices have been rising steadily over the past few years, but this trend is unlikely to continue indefinitely. As the prices of these precious metals have risen, so has the cost of production, which means that the profits of gold and silver miners have been squeezed. This has led to a situation where the miners are no longer able to make money on the gold and silver they produce, and are instead looking to sell their metal for a profit.

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The problem with this is that the market for gold and silver is highly volatile, and prices can swing wildly from one day to the next. This means that investors who buy gold and silver at the peak of the market are likely to suffer losses when the market turns against them.

In order to protect themselves from these losses, Steer recommends that investors look for ways to hedge their investments. He suggests that investors look for ways to buy gold and silver at lower prices, or to invest in gold and silver ETFs that track the price of the metals. He also recommends that investors diversify their investments, so that they don’t put all their eggs in one basket.

Ultimately, Steer’s warning is a reminder that gold and silver are not risk-free investments. While they can be profitable in the right market conditions, investors need to be aware of the risks and take steps to protect their investments. Those who don’t heed this advice could end up losing money with gold and silver.

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23 Comments

  1. Mr. Lewis

    Is this guy saying don’t hold Silver and Gold ?

  2. Expat Gringo

    FAKE BS….WOULD YOU BUY A USED CAR FROM THIS GUY ?

  3. Mac Clark

    Anyone suggesting that P.M.s are going to nothing , haven’t even a slight clue.

  4. Gerard Ramirez

    Let's get Physical Physical!!!

  5. james robison

    To the moon how many times have I heard that.

  6. Oscar Santillana

    Te hopium is real with gold, silver and bitcoin

  7. Dillon Sawyer

    Why can't there be a startup of physical silver metal. Make it clear this is not a paper market. Don't see how that's so difficult

  8. Juan Reese

    Silver maximalist are akin to Charlie Brown and the Great pumpkin .

  9. NutriSophic

    Not your vault not your Gold…

  10. Mar Cielo

    Look what happened to gold in the 2008 crash… is the precious metal going to drop 25% again whithin a couple of months?

  11. m k

    Started buying silver one oz at a time rite after 9-11 at $7.00. Still own it at $ 23.00.
    Paper always fails as history shows & I never missed missed it.

  12. Steve Newberry

    If you own paper it will work great for lighting your grill. If you don't hold it you DONT own it. Sorry about you poor financial choices.

  13. Rogelio

    one word.. insurance

  14. Fred Ford

    What If have a locked in retirement account and got bouillon that has to be held for me due retirement rules in Canada,is that considered paper??anyone know?!plz and thank u

  15. James Nelson

    The paper market will collapse along with the federal reserve note the circus show will come to an end before long

  16. Vince B

    The Dollar is the Sweetest Smelling Dung in the Farmyard.

  17. RichH

    Simple Speak: The 'PAPER' gold and silver market has been thoroughly manipulated for 'decades'. Physical gold/silver prices are controlled by the 'paper' market. With supply chain 'instabilities' to the 'downside' demand for physical, which FAR FAR exceeds the actual physical price, is and remains relatively 'unknown'.  
    RESULT: expect physical prices will soon EXPLODE to the real/higher 'true' value', when the paper market becomes totally 'squeezed'.

    Rx: Buy physical gold/silver NOW while its still a BARGAIN. Then store it in a safe place, such as at home or (if you can) – NEVER EVER store in a bank 'safe deposit box', and that includes any other physical 'valuables' – all thanks to the Dodd-Frank ACT of the early 2010s that makes it easy and legal for the bank to ('temporarily'? ha ha ha) confiscate everything of value inside a safe deposit box ……… and including your other 'deposit' accounts !!!!!  
    "If you cannot hold and keep it your hands, you do not OWN it", especially after the Dodd-Frank Act.

  18. Moose Bme

    ~ "Happy "New" Year" ~
    … EVERYONE!

  19. Kimmie Lyons

    If you don't HOLD IT you don't OWN IT. Don't be duped!

  20. Wiper

    The physical market is already destroying paper but slowly with time money is just a bandage

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