[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

Search:


View post   

>> No.18329812 [View]
File: 481 KB, 1437x1435, cq50390-1b-2.jpg [View same] [iqdb] [saucenao] [google]
18329812

Obviously very few people stack but out of those who do what do you think an average silver stack is in ounces?

>> No.16833420 [View]
File: 481 KB, 1437x1435, cq50390-1b-2.jpg [View same] [iqdb] [saucenao] [google]
16833420

You do NOT value gold and silver in terms of dollars. Why would you value gold in terms of dollars when it was fucking gold that gave value to the dollar? You value gold and silver using ratios compared to other real assets. For most of human history a days wage equaled a silver piece the size of a silver dime.

And this is even true in much of the world today since if some gook rice paddy farmer makes 2$...americans are like WTF? But that 2$ a day is right in line with sane economic historical reality since that 2$ will buy you a silver dime at a coin shop. The American making 200$/day is earning and can purchase 10 ounces of silver a day which is insane historically. AND IT ONLY POSSIBLE BECAUSE OF MASSIVE INFLATION. This is why a silver ounce will buy you months worth of food in Venezuela (on the black market), whereas the 20$ it costs to buy that silver ounce in America doesnt even buy you 2 jimmy johns sandwiches.

So for every single 20$ silver ounce you buy right now you are locking up at least 2 weeks worth of day wages post collapse. Since 14 silver dimes equals 1 ounce of silver. So 500 ounces of silver for 10k will be roughly 20 years worth of days wages post collapse.

Navigation
View posts[+24][+48][+96]