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Putting most of my dollars into silver - am I retarded?

No.27452582 View ViewReplyOriginalReport
Started hoarding silver a short while ago, but I'm considering putting ~50% of my cash into rounds. Want to put a decent chunk of my IRA into a silver ETF as well. Sadly my 401k fund options suck, but luckily I moved it all to cash right before the market started to tank.

I'll still have enough fiat to cover a year's worth of expenses if I were to lose my job tomorrow, and I want to put half of my income into the various forms of silver as long as the price continues to fall.

Am I just buying into unjustified hype, or will I be sitting pretty when Weimar happens in the US?