/biz/ - Business & Finance

>>51416730
>>51416948
it's mined for about 10$ an oz. Not rare, 1 BILLION oz are mined each year (hurr durr comex 50 mill only gogogo!!)

Soon you will witness true despair when the great dump comes. The one dump to rule them all.

You bought the shiny rocks because you hoped society would continue on as normal... However you failed to discern the fact that we're in an energy crisis, depression, Go Green(R) movement, population bust, and a potential civil war + collapse all at the same time. Maybe you noticed but you were hoping that it wasn't the case so you just bought anyway, ready for when things return to normal!!
Things are not returning to normal. Soon, Gas will be 10$/gal, shipping your rocks will cost 50$, and manufacturing of all your favorite products(even those that use silver) will be brought to a halt.

What has more value in a collapsed society? Silver coins or batteries, ammo, food, optics, guns, tools? You guys fail to realize that the entire value of silver relies on the fragile highly-advanced industrial usage. The type of industry that is the first to go when things go bad. This creates a real risk that you won't acknowledge just because you hope things don't go that way.

Not only that but every single one of those "ape"-fuckers on reddit is waiting to sell. Go look, they're all fed up with waiting and want to cash out. This shit is a cursed investment, and has been for years, even in normal times.

what do ya do all day?