/biz/ - Business & Finance

>ctrl F “REM”
>ctrl F “silver
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GET THE FUCK IN HERE LADS!!!!

Quick silver metal rundown
>highest reflectivity
>highest electrical
conductivity
>highest thermal conductivity
>finite
>currency for thousands of years
>has very important used
>phones, cars, mirrors, computers, solar panels, medicine etc etc
>miners closing up shop because unprofitable
>silver to gold mined ratio, 9:1
>1 oz of gold = 83 ounces of silver
>future is electronic technology, which needs silver
>$50/oz spot in 1980
>$15/oz spot 2019

But why is silver spot so low?
>EVERYTHING THEY DO WITH SILVER THEY DO TO GOLD/OIL/OTHER REM
>paper futures derivatives markets
>markets were created to allow options in paper silver
>on the precedent of following the actual commodity price
>investment bankers like JPM rigged this to make it reverse, futures derivatives market determines the physical commodity spot price
>bankers have large foothold in derivatives market
>they in effect control manipulation of not only the futures paper trading, but also the physical market too
>they short futures market, while accumulating up physical for a rigged severely undervalued price that they kept low on purpose through manipulation of the futures market
>JPM owns 800 million physical ounces
>JPM former commodities trader guilty plead
https://www.cnbc.com/2018/11/06/ex-jp-morgan-trader-pleads-guilty-to-manipulating-metals-markets.html
>”John Edmonds, 36, pleaded guilty to one count of commodities fraud and one count of conspiracy to commit wire fraud, price manipulation and spoofing.
Edmonds, a 13-year J.P. Morgan veteran, said that he learned how to manipulate prices from more senior traders and that his supervisors at the firm knew of his actions.”

>>>MUST LISTEN<<<
>Silver market manipulation confirmation
https://youtu.be/wLqH12A9UT0

I'm after a physical store of value so I'm going to buy and horde some precious metals.

Should I buy gold or silver?

Gold or Silver?

Pick only one.