/biz/ - Business & Finance

The paper price of silver is determined by the SLV. It is a claim on nothing. So naturally the price is destined to go to zero just like how stablecoins in crypto are not backed by USD fully and are basically worthless if a significant amount of people choose to redeem. If miners and bullion dealers are stupid enough to sell Silver for the spot price determined by SLV and the bullion banks it is a buying opportunity.

>>49498338
I fell for the silver meme pretty bad 2020-2021. Even the meme idea that Trump was going to win an going to restore a metals backed currency. I can't stomach selling after the premiums that go with buying it though. What a stupid fucking idea. Oh well good thing I have lots of money so it doesn't hurt as bad. Chances of silver becoming anything but a meme are very slim. I'll just hold the dead weight boomer rocks that I have for now and no more.
If you must tie up precious capital in something dead and does nothing, at least put it in XRP, that's why we are all here.

>>29816283
I was just looking at his video in the recommendations

post silver/gold memes

>>28482765
>t. maximum jelly faggot

>>27282677
You got it 100% right fren.

>how much silver should I try and get my hands on?
As much as you can but don't FOMO too hard, be patient and look after good deals on ebay or even during local secondhand trades.
>How do I tell my family about all of this shit and make sure they're prepared for an event like this without sounding like a schizo?
You show them /pmg/ pastas

>>27042920

>>25173882
It's pretty simple : everything you use on a daily who conduct electricity contain some silver. And now nanosilver is used everywhere : in shoes and socks (as anti sweat agent), in most paints, in wound dressings, in cosmetics, in conductive inks, in optics,...
Meanwhile the production decrease each year for 5 years now, and it's estimated over 90% of all silver in the ground already have been mined (silver is a metal who tend to aggregate only close to the surface, so that's not like dip drilling methods would help).

>>23680964
>>23680989
>>23681004
>>23681107
>>23681162
>t. brainlets who ngmi

>>23064768
>>23064717
you ever held a crypto project? not just in an account. but actually physically held it? does it have mass? is it still there when the power goes out? is it any of the things listed here?

>>23028125
thanks, just doing my part

>>23017885
>jewels and it's the main demand for silver.
You can't be this clueless about something you spent money on, it's not possible. I'll have to ask for pic of stack + timestamp otherwise i'd consider you a JIDF shill from now on.

>>22981039
Sorry but you are retarded, fren. Silver fundamentals are so much more bullish than gold, it's not even comparable.

lol
fuck off
I started the thread
I've posted pics and info with every post
You've contributed nothing
Either make the thread better or shut the fuck up, fren

>>20159988

Thanks to Waiting-for-the-dip anon
(I think that was you)

>>19950473
>sales taxes: $132
I'm sorry anon, otherwise the price's nice

>>19950462
Sure, i made several tldr like pic related if you want, it should appease you. Also silver over $1,000 by end of 2021/2.

from previous bread, should be posted any time a normie asking about silver appears