/biz/ - Business & Finance

>>30222087
>>30221867
>>30219885

>>30182573

Silver should be $1000 an ounce on the basis of,

1) The average historical wage, from Graeco-Roman times to the early 20th century (about 1/10th of an ounce);

2) Given that 1980 was simply an exposure, by the Hunt Brothers, of the true price of silver when the derivative market falls apart, the 1980 ATH adjusted for real inflation (which is $966 according to ShadowStats);

3) From calculating a DGR of 1:1 and a GSR of 1:15, as we had also in 1980 (1:15 is simply the normal historical average for silver; and the mining ratio is even 1:8);

4) The short positions of the banks. GME was 140% short; owing to the big 8 banks, silver is 50,000% short;

5) Common sense about the rarity and usefulness of silver. Almost no stockpiles (governments have only 3 weeks' mine supply), annual investable supply is only about 100 million ounces, less than a $3 billion market cap or about the same as GME before the squeeze. And yet silver is critical for modern life. Mining insiders say that pretty much all high-grade silver deposits are now gone. Silver is so rare that owning 60 ounces ($1500) puts you in the top 1% of owners. Owning 30 ounces of gold ($55,000) puts you in the top 1% of gold-owners. Gold is also mined at a mere 1:8 ratio with silver. Yet the GSR is 1:70. The historical average is 1:15: some say 1:10. The artificially suppressed price of silver is causing it to be consumed so fast that if we don't squeeze silver to $1000 soon, the world might simply collapse into a new Dark Age.

>>27332282

i think you are right

US dollar to Silver ratio now is $ 4793 per ounce

https://www.usdebtclock.org/

and see how much they printed US dollars last year

>>27274314

>We're on the verge of hyperinflation and a >complete collapse of all fiat currencies

Yes.

buy now metals, or cry later

every sain people understand what this chart means for US dollar value

buy Silver now, or you regret rest of your life, US dollar is going to go hyperinflation, see picture chart