/biz/ - Business & Finance

>>59672813
This is why they hate silver so much, because the manipulation of the economy to service the banking-ponzi has created scarcity so detrimental it could invert the value of gold and silver. Silver is too useful to business and the stability of the monetary system for the price to move higher. (They want to keep investors and speculators in financial assets that don't put real-world demand on depletable resources)
Now we find ourselves in a place where the price has been so low for so long that our inventories are dwindling and no new silver deposits are being developed.
What is going to happen to the banking system if the price of silver moves into industrial status tier precious metal like Pd or Pt? What happens if the GSR closes so narrow that even the collateral held by banks can be easily traded in to because silver is in such demand? Even a peasant walking around could afford silver in such a quantity that you could even see them walking around with kilos and even 100oz bars of gold. Suddenly the banks, which should be stores of capital, may not even be able to revalue gold to eat the debts like they did in 1933. Maybe something is fundamentally broken that we don't quite understand.
thoughts?

>>59602284
It really makes me ponder the notion that Americans are supposed to have Freedom of Speech. What is the point if the government is actively trying to sabotage, infiltrate and destroy the masses? I want my government to be putting up firewalls to places like India and Isreal and possibly even drone striking indian call centers. But instead we have bastions of free speech being spammed with nonsense, stifled, nonstop obscenity.
It's very sad that it has come to this. I thank heavens I am smart enough to have educated myself and find the correct moves to avoid the train heading right for us.

>>59582768
Nice, king. 60 ounces must feel sublime in your hand. The weight, the shine, the luster is only the tip of the iceberg of all of the reason to stack a large amount of silver.
60 ounces also puts you in the top 20% of the silver stacks in the world. So even a small investment such as your will revolutionize your portfolio. Not only do you not have to worry about banksters stealing your money through inflation and dollar dilution, but you now own a very scarce and useful commodity that is INCREDIBLY capital intensive to extract. $0.64 over spot is absolutely amazing too. Way to go, you madlad king! I kneel

The banks may be insolvent and the government broke but my stack will ALWAYS be valuable. Bankers have one trick up their sleeve and they HATE seeing the plebs walk away from the paper-ponzi.

>>59555073
My actual stack amount is literally off by only 0.14 ounces of silver. Pretty astounding spreadsheet and really paints the bull thesis in such a light so as to be beyond words. It really makes you think Bix Weir is right that maybe these silver mines really are so valuable that they will all be nationalized. I don't even think I have all that much silver but when you look at it across the human population you can see just how special it is to be able to stack valuable metals. The monetary system gives us ample amounts of credit products along with services etc. But raw, finished commodities like silver are readily available... for now.

They're so shiny and the weight in your hands is sublime. Crypto nerds will never know.

There is nothing better than having wealth in your hand that has no counterparty risk. The system is teetering on collapse and the only path forward is dollar-debasement. They can't counterfeit my metals and the central banks also are big gold buyers. I'm going to follow their lead and stack silver because the GSR shows it is historically cheap on historical and mining ratios.

>Bubble Bitcoin

>>59457607
It's the perfect tool. The whole system works by people deferring consumption and putting ALL excess capital back into the purview of the financial system. I'm of the opinion crypto is a useful tool for pump & dumps. But even if it was incorporated into the global system somehow, I think it's clear that it may be an attempt to take some of the heat off of physical stores of value. So at the end of the day the goal is to stop the flow of credit into the tangible world. Excess purchasing power has to be stored in the hands of Wallstreet because that is what feeds the system. Even if it does not feed the system directly, by soaking up purchasing power and having it tucked away in nothing is beyond the best case scenario for the ponzi operators. You draw down the ponzi by spending your money on things that are not leveraged and paying fees and interests to the system. Renewable services and consumables don't matter either. It's the CAPITAL assets that matter. They keep equities hyper leveraged for this very reason so when you try to leave the system your money is worth pennies on the dollar of real assets.

>>59425638
Stackcels seething over silverchads

>>59372873
This post reminds me of a comfy book I read once where you try to beat them in an argument and they slide through your fingers like jelly only to reform right before your very eyes. I spank your stupid talking points all the time, but alas, here I find you the next day without any recollection of the day before!

>>59259561
Buy from reputable dealers. Once you see enough silver and are familiar with different brands you should be good.

PMG really does need more PMs

>>58993006
Good idea king.

>>58913127
No

In weimar Germany, exchange students were using their gold-backed money to buy up entire blocks of real estate because the owners could not afford the update/renovations. The crippling levels of inflation were a function of worthless currency hitting everyone from all sides. Precious metals as a physical store of value were not just a life-raft. It was a yacht. The masses needed a functioning money and that demand conferring unprecedented levels of purchasing power to the holders. America and the rest of this economy of "paper millionaires" will find out that this unprecedented levels of "prosperity" was nothing but an illusion. Without physical capital, a useful skill, or tradable goods/commodities you will be the hardest hit.
Not all areas of America were hit during the great depression. If you city is backed with infrastructure, strong solid manufacturing base then you will do well as opposed to a city built up on real estate speculation or tourism etc.

>Why Gold?
https://youtu.be/i3S4rl6ehiI
https://youtu.be/gksenA5Al_A
https://youtu.be/FI7NnOg2rxo

>Huge deficits in minerals such as silver by 2050 inevitable
https://youtu.be/iibsrDXdEos

>Bullion dealers
https://libertycoin.com/ (US)
https://www.chards.co.uk/ (EU/UK)
https://www.silburycoins.co.uk/ (Ancient)
https://www.luciteria.com/ (Other rare metals)
more at:https://pastebin.com/gZfZHtNE

>Numismatic search
https://en.numista.com/catalogue/
https://www.ngccoin.com/price-guide/world/

>News and graphs
https://numismag.com/en/home-en/
https://silverseek.com/
https://www.silverdoctors.com/
https://www.mining.com/
https://silverbacksnakes.io/finance/silver
https://www.gold.org/goldhub/data/gold-reserves-by-country
https://wtfhappenedin1971.com/

>Compare
https://findbullionprices.com/ (US)
https://eu.compare.pm/ (EU)
https://www.gold.de/aufgeldtabelle/ (DE/EU)

>Resources
https://www.jmbullion.com/ultimate-guide-to-90-silver-coins/
https://kevinsworkbench.com/junksilverguide/
https://www.coinflation.com/
http://coinapps.com/
https://erikasgrig.com/calculators/rpi-calculator-inflation/
https://learn.apmex.com/buying-guide/buying-in-the-usa/
https://pastebin.com/5aLmWUUK

>Prospecting
https://youtu.be/ZCL6FKQZyoM
https://www.usgs.gov/programs/mineral-resources-program/science
https://www.mndm.gov.on.ca/en/news/mines-and-minerals
https://www.amazon.ca/Gold-Creeks-Ghostowns-British-Columbia/dp/088839988X

>Nitric acid, magnets, and ping test
https://youtu.be/3mg9YcAShTo
https://youtu.be/NgSXg-WOEVY
https://youtu.be/2ymGAyKAg-k
https://www.fakebullion.com/index.php/resources/fake-bullion-database

Previous Thread: >>58826296

some of my treasure