/biz/ - Business & Finance

>>56711890
picrel. It's your so called "inflation hedge". Price of silver discounted by CPI - the CPI number which we all know *understates* inflation (meaning silver has performed even worse than shown). The sole justification to buy silver is in the hope of a GME tier short squeeze.
>ITS LE... LE JEWS!
this is exactly what I'm talking about, this is the "logic" people use to buy silver: schizophrenia
>>Most arguments are very superficial and don't hold up.
You can't argue with cold hard numbers. The price of silver has done fuck all vs most assets, factor in the premium spread and anyone who has continued to buy in these market conditions is underwater by any conventional standard of accounting. The true "superficial" arguments are the schizo "comex is going bust", "JPM shorts are going to be blown" based on a single fucking week's worth of data which always, ALWAYS proves to be a cherry picked outlier. This is literally GME bagholder tier coping, with the sole consolation that the asset value is at the very least holding *most* of its value instead of diluting toward a zero limit.

>They've been add it for months now
maybe anons are just fed up with being sold a lie. Silver hasn't kept up with inflation the past few years, and if we are to believe that the CPI is understated, it hasn't kept up with *actual* inflation either. Best case scenario, CPI is "true inflation" and silver has actually just held it's value since the 70s. But what kind of consolation is that?