/biz/ - Business & Finance

>>30293284
>be done with your purchases
You’ll need to push silver up to 3 digits minimum to get me to stop buying.

>>29636931
Wait till silver breaks $30 again and see if you still feel the same.

>>29535846
>>29536201
Meant 4u

Comex Notes:

- The price of silver is set at a commodity exchange market called the COMEX that use "future contracts" to trade derivatives of precious metals at a set price/date.
- The Comex exchange only fulfills 1 out of 300 contracts, The actual supply of PHYSICAL silver is a fraction of what is being represented on the market.
- Paper Silver to Physical Silver float ratio is being traded 186:1. The total market cap of PHYSICAL silver is much smaller than represented.
- Silver is the most heavily shorted precious metal in the commodities market, massive paper short contracts suppress true silver price exploration.
- Don't fight rigged/monopolized silver futures, purchase physical silver. The paper silver price is essentially meaningless.
- Upcoming Basel III reforms will require banks to store an amount of physical collateral to hedge their liabilities between June 2020 - Jan 2023.
- Fiat Dollar to Ounce of Silver by float is currently $4795 an ounce.

Precious Metal Facts:

- Historical Median price of a home relative to gold is 100 ounces [during a depression] to 500 ounces of gold [during a boom]. Average median has been 300 ounces of gold or roughly 555k USD.
- The average Gold/Silver Price Ratio during the 20th century was 47:1, yet today is 70:1. For perspective, the Gold/Silver Price Ratio was 10:1 in ancient times.
- There is an estimated 1,600,000 tonnes of silver and 171,300 tonnes of gold in circulation. This makes the "true" Physical Silver/Gold ratio 9.34:1.
- There are 32150.7 Troy ounces in a Ton. This means 51440 million ounces of silver have been extracted to date, this includes silver that was lost/processed due to various industrial demands throughout history.
- 51440M Silver ounces divided by 331M US citizens = 155 ounces available per US Citizen. Likewise globally 51440M/7800M people = 6.6 Ounces of silver available per human on earth.
- Silver has many applications in Medicine, Electronics, Solar panels, EV's, Jewelry and more.

>>29241753
I am honestly wondering if its more that the shills discovered this is where a lot of /pol/ went and not so much they're scared about silver, but either way I am stacking, never selling, and fucking comfy.

>>29055322
If you can't hold it in your hands or take pictures of it sitting in front of you then you don't own it. Simple as.

Comex Silver Squeeze Notes:

- The price of silver is set at a commodity exchange market called the COMEX that use "future contracts" to trade derivatives of precious metals at a set price/date.
- The Comex exchange only fulfills 1 out of 300 contracts, The actual supply of PHYSICAL silver is a fraction of what is being represented on the market.
- Paper Silver to Physical Silver float ratio is being traded 186:1. The total market cap of PHYSICAL silver is much smaller than represented.
- Silver is the most heavily shorted precious metal in the commodities market, massive paper short contracts suppress true silver price exploration.
- Don't fight rigged/monopolized silver futures, purchase physical silver. The paper silver price is essentially meaningless.
- Upcoming Basel III reforms will require banks to store an amount of physical collateral to hedge their liabilities between June 2020 - Jan 2023.
- Fiat Dollar to Ounce of Silver by float is currently $4795 an ounce.

>>28917821
I never pay for extra shipping
If you're making a meaningful purchase it's fully insured or, weighs heavily enough it's more economical to use ups/fedex

>>28627954
While I agree with your position on a commodity wide bull market, I personally don’t invest for REEs because China has a massive stockpile already. They are used pretty heavily in wind turbines so there may be some growth in the green economy, but to be honest I think the better play is in battery metals.

>>28215640
That's a sexy big boi onza you got there

>>27855966
Well done, I have a 30pk of 10oz'ers coming in as well

https://rumble.com/vcrrlv-welcome-to-the-rice-fields-.html

Very Stonks

>>27779864
Is this real? Somehow I wouldn’t doubt it with the retardation that is California.

>>27675877
Norma
Heard of them but never bought it used 'em
>>27676016
Great start to the stack. Focus more on junk to get the divisibility you're needing. Remember they are best for barter when shtf

>>27636169
>cheap
>order online
>isn’t shit
You can’t have have 3 fren. Sorry.

Precious Metal Facts:

- Historical Median price of a home relative to gold is 100 ounces [during a depression] to 500 ounces of gold [during a boom]. Average median has been 300 ounces of gold or roughly 555k USD.
- The average Gold/Silver Price Ratio during the 20th century was 47:1, yet today is 70:1. For perspective, the Gold/Silver Price Ratio was 10:1 in ancient times.
- There is an estimated 1,600,000 tonnes of silver and 171,300 tonnes of gold in circulation. This makes the "true" Physical Silver/Gold ratio 9.34.
- There are 32150.7 Troy ounces in a Ton. This means 51440 million ounces of silver have been extracted to date, this includes silver that was lost/processed due to various industrial demands.
- 51440M Silver ounces divided by 331M US citizens = 155 ounces available per US Citizen. Likewise globally 51440M/7800M people = 6.6 Ounces of silver available per human on earth.
- It costs miners $10.56 to mine and refine an ounce of silver, however existing silver mines are becoming increasingly exhausted by mid 2020s due to increasing demand.
- Silver has many applications in Medicine, Electronics, Solar panels, EV's, Jewelry and more.

>>27527316
we dem boiz

>>27509525
come back anytime idiot were always buying

>>27506382

>>27501114
youre a fucking retard if you didnt buy physical. SLV is nothing but paper make believe too. AG and PSLV for the real stuff

>>27497953
but it’s possible to stack em all

>>27489418

aw shid bringing back a classic for the op

>>27401382
why indeed anon