Is Investing in Silver a Good Idea?

Ramsey Everyday Millionaires

Ramsey Network

Careers, Investing, Business

4.6 • 3.6K Ratings

🗓️ 31 December 2025

⏱️ 5 minutes

🔗️ Recording | iTunes | RSS

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Transcript

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0:00.0	This episode is brought to you by SmartVester.
0:07.8	Connect with an investing pro near you at Ramsey Solutions.com slash SmartVester.
0:13.7	All right, let's go out to Indiana and talk to David.
0:17.1	What's up, David?
0:17.6	How are we doing, brother?
0:18.8	Doing good.
0:19.5	How are you all doing?
0:20.2	Doing great.
0:21.5	What's going on, man?
0:29.6	Not too much. I just had a question about buying silver. We had some friends that did that,
0:35.3	and they got pretty big returns on that, and we didn't know if that was a good decision or not.
0:37.9	No, not a great one. Just because David, usually commodities like that, gold, silver, all of it is so dependent upon,
0:43.8	honestly, the fear of what's going on in the current moment.
0:47.0	So if something bad's happening around the world, usually that stuff spikes.
0:50.7	And then if everything's good and everything's fine, it dips.
0:53.9	And so you can really see a
0:56.0	correlation with the amount of fear that the American people have in life. And if there's a lot
1:01.4	going on and something scary is happening, all of those prices go up. And so overall, your investment
1:08.5	strategy should just be in the market.
1:12.4	It sounds more boring and all of it.
1:18.1	And people also will take on precious metals and stuff for not just an investment purpose, but they do it for like an end of the world apocalyptic, you know, plan to think that if something
1:25.0	were to happen to the U.S. dollar, like that they have a bunch of gold and stuff.
	...

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