/biz/ - Business & Finance

>>58283853

Still not as bad as silvertards.

>>53425915

>>30198907
Precious metals are the worst performing investment in history. You're a retard if you hold any of your money in them.

>>29805290
>$50 silver
>one time event
Are you new to this anon?

>>27242497
interesting times.

>>27144660
What the fuck is that graph

I own zero silver
I am short silver, why?
Because JPM is short and the shills on biz are long.
You are going to get bogged by superior Jewish financiers and I'll buy your stacks half price when you are cash poor in the depression

>I bought at the right time, the whole financial system is collapsing next week, Zerohedge and Peter Schiff told me
>I-its just a hedge
>It's a store of value, I don't expect to make gains
>It's just readjusting
>All the banks are short silver? They must have a real dunce in asset management aha
>What do you mean it's $15 bucks an ounce
>ARHGGHHHHHHHHHHHHHHH
>*shidding and farting noises*

>>27072054
>I-I'M GONNA STAAAACK

I'm printscreening all the silver stack posts for when this shit dumps
Pic related

>>18174024

>Silver is useless in a global economic depression.

By that metric gold is even more worthless...

>>14969821
This pic kills the silverfags.

>Invest in silver
>It hasn't gone up over the past 100 years.
>Actually, it's probably gone down, if you consider the 100 years of inflation.

The actual state of /biz/

It's shit.

Read "Stocks for the Long Run". Gold got 1%-2% returns above inflation, compared to 7% for stocks. And Silver did significantly worse than Gold.

Look at this chart. Imagine holding an investment for 100 years, and it's value being the same, as when you bought it.

(Also, there was a lot of inflation in those 200 years. So in reality, the inflation-adjusted value of silver declined a LOT over this 100 year period.)

>>14700057
Firstly, look at the historical price of silver. Pic Related. Crappy long-term returns. (And remember, there was a lot of inflation over this period). Your best long-term returns are going to be in the US stock market. Or your own (well-managed) business

>invest in Bitcoin and maaaybe reach 10x in a fiat/bank collapse.
>100x in a fiat/bank collapse, you invest in shiny rock
Secondly, both of these are ridiculous fantasies. Bitcoin isn't about "fiat collapse". It's magic internet money. And even in a fiat collapse, silver won't 100x - that would make it more valuable that Gold is right now.

>10x spikes in short periods of time
That has never happened. The closest you'll get is about 1970 to about 1980. Which isn't a short period of time, and is just barely a 10x spike.

>Has shiny features which makes it attractive as ornaments.
So does lots of stuff. Especially with modern chemical technology.

>>12531589
Why silver anon? Doesn't it have a massive supply compared to actual use? Also looking at it's historical price fluctuations just makes me uneasy as fuck desu