/biz/ - Business & Finance

>>55664921
>I’ve only ever bought at the lows over the past several years and I’ve at the best just barely broken even
How can it be possible? Because i too bought the lows only and i'm well in the green.
>If silver hits $50 I’ll admit I was wrong but I don’t think the internet will be here in 20 years
Dw anon, it wont take 20 years. Last year's silver deficit was 241Moz, 150Moz the year before,.. how long can this situation last to your opinion?
Sure, it's taking longer than we all expected i think, but i would be very surprised if they manage to keep it suppressed for another decade. Even half this timeframe seems like a stretch.
If i'm wrong i'll gladly apologize, but i doubt it.
That said, when we started to go after silver, we knew we were going after the big fish, we knew the rigging game was in the hands of JPMorgan, literally the most powerful bank in the world.
Either by self delusion of grandeur or by under estimating the opponent, they proved to be way more resilient than we initially expected, but it doesn't mean things can't change.
At some point it may also be in (((their))) favor to let silver go up, and once it happen, the accumulation window will already be shut down for good.

At worst i'm sitting on a pile of crabbing rocks instead of piles of worthless fiat or inflated IOUs. Only one of those can be created ad nauseam and ex nihilo.
At best i'm accumulating generational wealth of an increasingly needed and rare ressource whose price have been heavily suppressed.
This is a bet i'm willing to take every day of the week. Don't care if i have to wait 10 years instead of 5.

You were the one citing Solomon hoarding gold, thus being the good stuff.
JPMorgan is Solomon x100000 in term of power and influence. And they are heavily invested in silver. So much actually they are the largest silver owner on the planet. So by your own logic you should be in their footstep and accumulate as much as you can too.