/biz/ - Business & Finance

>>17344338
They admitted they wont be able to pull a single troy ounce out of the ground soon
They admitted millions of ounces are lost every year and will never be used again
They admitted the above ground supply pales in comparison to gold

You cannot pull silver out of the ground that doesn’t exist, low above ground is just a symptom of the exhausted below ground supply
>>17344380
High IQ

>>16922010
nice strawman kid
silver will moon regardless of a financial collapse or not, simply because it is finite and a direly needed industrial metal
you cannot have future technologies without silver
in other words you cannot shitpost without silver

>>16799545
>how will silver moon?
Multiple scenarios could be the sparking flame for this impending skyrocket, however, once one of these dominoes fall, they all fall.
1) The futures ponzi scheme gets exposed.
If longs demand delivery over shorts, the rest of world goes without silver for over a year
2) Financial collapse. The public masses wake up and realize this is all backed by nothing over than the petrodollar and that their digits on a bank account have no value, see venezuela currency collapse, one ounce of silver buys 6 months worth of food.
3) a major company prices in, other companies FOMO in and demand to be priced in as well. Imagine when silver jumps above $50, which it will with ease, what do you think Apple, Microsoft, Google, GM, Tesla etc all major manufacturers will do? After one company locks in and buys a boatload the rest will follow suit
>why is the price so low?
Again, rigged by futures market by banks and institutional investors.
>but why would they suppress it?
Again, to accumulate more at cheap prices. More importantly, to outright acquire the mining companies, miners can’t make a profit when prices are low = get bought out/acquired/cheap shares for market makers
>but what about asteroid mining? Won’t that make metals obsolete?
Fuck no, not only is asteroid mining not possible, meaning we dont have the tech to do it, it would be unprofitable. More importantly they exaggerate the amount of metals on asteroids, there are no asteroids made of pure gold or silver and there are not quadrillions of tons on asteroids, market makers are goddamn liars that don’t want you to realize the importance of metals, so you don’t buy any.

>>16769655
Based and checked, that tripfag didnt even make a proper thread
>how JPMorgan stacked over 800 million ounces

https://youtu.be/wLqH12A9UT0

>>16483081
>>16483086
Not an argument kikes!

>>16182609
High IQ
Global financial collapse imminent, buy gold and silver to make it out alive

>>16115899
You have until 2024, keep DCAing, gradual increase until the doomsdaymoon
>>16115935
People that run the world know that silver is the moat important thing in the universe, it will be used for the mega solar panels to harvest the suns energy.
UNIRONICALLY 8 ounces to make it. There’s a reason (((they))) own 80% of the supply

>>15949936
$5 roll 90% dimes are best for collapse or SHTF
>>15950168
Please delete this post sir

>>15936834
>buy more fiat goy
>while we stack real wealth

>>15928321
>>15928764
>>15928322
>>15928336
>>15928830
>>15929391
>1 post by this id
Sad ass samefagging poojeet! You don’t even have the IQ to realize you literally cannot shill on this board without shiny rocks. You mouth breathing retard! You will be paying me to be able to shitpost soon enough!

>>15928876
>>15928852
>>15929391
Extremely high IQ and very based

>>15928309
This is how things work, the highest IQ’d posters get listened to by lurkers, Rakesh keeps shilling his pixelbags so he can break even, and all the lurkers end up buying metals. This then transitions from 4chan and goes mainstream.

>>15923227
>shutitdownanimepostingkike

>>15909674
Absolutely its a meme. Its a shittier silver at 55x the price. You can buy 55 ounces of silver for one oz of that shit. Buy silver/gold instead. But in the end the shit will still moon alongside gold/silver. Best gains are going to be in silver though.

>>15857814
Long this ... win
It’s the massive tell in the freaking image of my OP

>>15824932
It’s all been covered . Can’t you just fucking read?

>>15823763
Not pre industrial times . Silver was fairly valued until around 1980s
Aluminium is not money and is not a precious metal.
Do some research