/biz/ - Business & Finance

>>12182284
$50 x 24.7 = $1,235 = silvers TRUE value.

The rate of silver to gold mined is 1:9 so why is an oz of silver at a whopping 1/86 price of of the ounce of gold? Simply because they want more of it while its still dirt cheap.

JP morgan acquired a company that’s priority was to short silver, keeping the price low by throwing worthless fiat into paper silver ponzis whilst performing spoofing trades. When JPM realized the short position was unviable they took a different route, maxing out their own position by accumulating the biggest vault of physical silver in the history of mankind. Remember, you don’t own it unless you can hold it. At this point in time, silver is valued at $14 an ounce, meaning you can get it for a $1.50 above that spot price, give or take shipping/manufacturing costs thats about $16 an ounce RIGHT NOW that you can buy on trust online silver markets. But regardless, half of you cement level IQ retards will inevitably delude yourself into thinking you know better than billionaire bankers.

Now, what is my guidance on this entire predicament? I’d throw 30% of my assets into BTC/ZEC/LINK and the other 70% into silver, primarily current year American Silver Eagles directly from trusted distributors or the US Mint. Back when silvers spot dropped off to $9/oz, ASE’s were still trading at $16/oz. Thank me later idiots.

Shills will proceed to shill their trashcoins at you, derail this thread or just flat out call me a LARPer. But shills, let me ask you this, whats the LARP part? Im not bragging or gloating about anything. All I did was merely lay out the truth and offer guidance upon the time to come. Shills hate nothing more than the truth. Fiat will die sooner than you think, don’t hold their fiat bags for them.

>>12038730