Reddit Gold Update: How to Give and Get New Silver and Platinum Icons

When deciding how much to invest in gold or silver, consider your long-term goals, how much money you have to invest and the health of your existing portfolio. In general, precious metals should only make up a small percentage of your overall What is trading scalping portfolio. A well-diversified portfolio of stocks will likely outperform the prices of gold or silver over time. They’re harder to sell than most people realize.

Platinum

Making your money grow is how you hedge against inflation. I know a guy who bought them to meet some credit card sign up bonuses. Some of the business credit cards require pretty high spend.

Here are the relative benefits of gold and silver and what you need to watch out for. The offers that appear on this site are from companies that compensate us. But this compensation does not influence the information we publish, or the reviews that you see on this site. 50 turkish lira to japanese yen exchange rate convert try We do not include the universe of companies or financial offers that may be available to you. When considering any investment, it’s a good idea to compare its past performance to that of a major index, like the S&P 500.

How to Use the Gold-to-Silver Ratio to Make Better Investment Decisions

Sterling silver is an alloy metal made from fine silver, also known as pure silver. Silver is a natural metal mined from the earth used for a variety of purposes. The Silver award is at the bottom of the list, costing 100 Reddit Coins. This displays an award against the post or comment, offering no other benefits other than to display support for that user’s contribution to Reddit. If you’d like to buy coins to gift to others, head over the Coins hub and buy one of five different tiers. 1,800 coins costs six dollars, allowing you to gift a post Platinum, or multiple posts Gold and Silver.

What do I need to know about investing in gold or silver?

The world is changing at a quantum pace financially and no one is paying attention among the masses. The petrodollar agreement already ended in June with OPEC. The last hold outs will be the cash and gold boys. They happen to have these long curtain rod things that go boom. They keep flying the USA flag next to this weird yellow flag with a snake. I’m fully funded off a cluster of 1099s, selling options to /r/wallstreetbets kids and hustling a yellow brick road like my fcuking life depends on it.

• 🤔 Let’s say the current gold-to-silver ratio is 60, meaning it takes 60 ounces of silver to buy one ounce of gold.
• If you receive a silver award, all you get is the icon.
• That is an unthinkable and extraordinary circumstance, way worse than a simple “stock market crash”.
• Gold filled jewelry is when gold plating contains 5% solid gold.
• Pure silver is a soft metal, so it can get damaged easily.
• Steam rooms and condensation are a no-go for sterling silver.

How Do I Give Reddit Gold?

• I mean, to be fair, there’s about 100 times as much gold in contracts than actually exists.
• As of May 2024, the price of gold is $2,422 per ounce.
• To award silver, gold, or platinum, it costs 100, 500, and 1800 coins, respectively.
• Please refrain from posting an item stock related question or when an item is generally stocked.
• Sterling silver is made of 92.5 pure silver.

Here’s one killer feature for Reddit power users. Don’t you hate when you return to a long thread, only to have to scroll past hundreds, maybe thousands, of comments to find the new stuff? This feature will highlight new comments that have been made ideas and forecasts on euro since you last few visited.

Sterling Silver vs Gold: Appearance

With a lower price per ounce, silver can be more appealing to those just starting out or who have smaller amounts of cash to invest. Particularly if you’d like to have physical stores, silver bullion is much easier to find with a lower barrier to entry than gold. When you think of precious metals like gold or silver, you likely think of jewelry first. But there are other uses for these metals beyond necklaces and rings.

This gifts a month of Premium membership to that user, along with 700 Coins and a Platinum label next to their post. This will cost you 1800 Coins, so you’ll need to save up to spend these or buy extra Reddit Coins to cover it. If you’ve been on Reddit over the past 24 hours, you might notice something odd on certain posts.