/biz/ - Business & Finance

A bunch of silver was bought over the weekend, 2x the HIGHEST quantity of the past 15 yrs. Look @ the volume charts. It's habbening, & people r seeing this, & buying.

It's priced @ the highest it's been in 8 YEARS,and they're trying to drop it. But It could EASILY be as high as Gold, but due to good ol' artificial manipulation it isn't. Ntm, all the good mines of silver have been depleted, hence Big buy. It's not as abundant as it used to be.

Would be a shame if we...bought all the silver.

They're trying to make us believe that we can't manipulate silver like they can.

Look @ this shit: https://www.forbes.com/sites/simonconstable/2021/02/01/reddit-not-the-key-driver-of-higher-silver-prices-analyst-says/?sh=6b733ed5a9e6

I've seen several articles like that within the past day, they think we're stupid.

Silver has a FUCKTON of Practical Applications (Anti-bacterial (think colloidial silver), tubing, catheters, X-rays, electronics, automotive...)

The Solar Panel and Electronics industries use the most Silver, and are exponentially growing.

"Silver's unsurpassed thermal and electrical conductivity among metals means it cannot easily be replaced by less expensive materials."

"Silver paste is used to make solar panels.Nuclear energy also uses silver. The white metal is often employed in control rods to capture neutrons and slow the rate of fission in nuclear reactors. Inserting the control rods into the nuclear core slows the reaction, while removing them speeds it up."

More Info: https://geology.com/articles/uses-of-silver/ https://www.bullionvault.com/gold-news/infographics/21-incredible-uses-for-silver https://www.silvercoins.com/uses-of-silver/

Don't listen to the midwit redditard bullshit, no one's taking away from $GME and shit, you can invest in both, nigga

Find reputable sources (I used SilverGoldBull), or simply buy in person.

Buy Low, Sell High, & HANG (((EM))) HIGH

DRAIN THESE FUCKERS, WE CAN END IT FOR ALL TIME.

This is the next step.

The first resistance is down!¨
Go get those naked shorts!!!

>>27215525

Am I retarded for buying XAG on Revolut yesterday? Is it the same as SLV or PSLV? They claim to have stored 1 oz for every 1 XAG in their vault. I guess I wanna know if XAG is SLV or PSLV?

Anyone got any ideas?

Prove me wrong.

>Silver's market cap is in the same ballpark as BTC/ETH.
>Possibly most shorted asset in the world causing massive short-squeeze potential.
>Used as store of value for thousands of years and the FED is Brrrrrr:ing
>Used heavily in solar panels and the great reset is going to pump trillions of dollars into renewable energy.
>Do not have crypto-associated risks such as regulatory issues, inflation bugs, tether propping up market or 51 %-attacks.

Explain to me why I shouldn't dump my last bags of crypto into more silver.

>>23167098
>this isn't fit
Anon might want to speak with you...

Coins or Bars? I’m thinking of getting a little stack if it dips this week.

It's coming within 3 years, mark my words.
All you need to know is in here:

https://www.youtube.com/watch?v=EIUZBHrLOS4

Only a retard wouldn't go at least 50 % silver / 50 % crypto when looking for life changing wealth.

What's better: 100oz low Premium bars 10oz ok premium or American silver eagles for high premium high collectible?
I’m not trying to have crazy mixed bag (would like to have a uniform stack) but if mixing is the best play, so be it.

Daily reminder that you're a literal retard if you can't see that Silver is undervalued compared to both gold and crypto.
http://money.visualcapitalist.com/worlds-money-markets-one-visualization-2017/

>Has been used as a store of value for thousands of years.
>Has industrialized usage.
>Has shiny features which makes it attractive as ornaments.
>Has a history of doing 10x spikes in short periods of time: https://imgur.com/a/BuyLDZ7

If you like bad risk/reward scenarios you can invest in Bitcoin and maaaybe reach 10x in a fiat/bank collapse.
If you like good risk/reward scenarios with a possibility of 100x in a fiat/bank collapse, you invest in shiny rock.

>Bitcoin has no other utility than as a speculation vehicle and as a HYPOTHETICAL store of value.
>Bitcoin will be less secure and less expensive to harm through 51 % attacks for each halving.

Thank me later Bitcoin-tards (I do hold alts though).

How many ounces of silver and gold do you own?

My crypto bags are full so just getting started, only have 20oz of silver and 5g of gold at the moment.

How much to make it in the next financial happening?

Adding to my stack these prices are a great deal. Will ladder down if it keeps dropping. Who else is stacking at these levels?

Remember .... 1 silver dime used to be a days wage and still is in much of the world today when they convert their shit currency into silver.

So if you buy 1 ounce of silver that's 2 weeks worth of wages historically since 14 silver dimes equals 1 ounce of silver.

So if you buy 500 ounces of silver for like 8k. That's the equivalent of 7,500 days wages or 20 years of days wages when this inflationary central bank induced house of cards comes collapsing down.

So some worthless insurance agent making 200$ a day providing zero real value for society is making the equivalent of 15 ounces of silver per day if he converts his wages into silver. This flies in the face of all economic reality.

Also silver will probably be 2-3x more valuable than usual when the pendulum swings back the other way since there billions more people on the planet and much less silver avaible.

So a silver dime (converted to the new currency) will probably equal 2-3 days wages.

That'll be one regular big mac meal and diet coke please.

Why am I seeing more and more advertising for silver nowadays? Like there seems to be more ads for silver than there are gold now. What's going on?

Welcome to Silverbug City - Population ten million+3

Silverhaters GET FUCKED, suck a big chocolate ass dick, and walk your bitch ass out of Silverbug City. Goldbugs, platinumbugs, and palladiumbugs are welcome.

Where to find the best silver deals:
https://comparesilverprices.com/

I ordered some silver krugerrands yesterday. What have you fine lads ordered lately? How are your stacks coming along?

Welcome to Silverbug City - Population ten million

Silverhaters GET FUCKED, suck a big chocolate ass dick, and walk your bitch ass out of Silverbug City. Goldbugs, platinumbugs, and palladiumbugs are welcome.

Where to find the best silver deals:
https://comparesilverprices.com/

Some facts for you anons:

Silver Mined 3000BC-2017AD:
>49 billion ounces
Irretrievably lost 3000BC-2017AD:
>25 billion ounces
Silver above ground end of 2017AD:
>24 billion ounces
>$16.61/oz spot price
>Total value of all silver on earth = $400 billion

My question is... how can physical silver be so cheap? Wasn't this shit money only 50 years ago?

Lets put this in perspective.. there's a $20 trillion US national debt, $571 trillion of total derivatives, etc

Sow can all the silver on earth ($500b) be worth just 7.1% of the Australian property market ($7 trillion)?

tl;dr Why aren't you stacking silver?

Do you collect silver?
If so why? Do you actually think it'll gain value? Do you think it's a good store of value? Or do you just think it's pretty as fuck and like to collect shiny things?
I'm that last one