/biz/ - Business & Finance

>>17306818
>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.

>>16944786
>doesn’t know the KIC 8462852 PSYOP
>2 grams
How can it be so relevant almost 25 centuries later
I know most of you have good intentions but bloody hell you piss me off
I won’t be able to spoonfeed forever