/biz/ - Business & Finance

>>55771324
>people who bought at the all-time-high are at a loss now
>therefore metal is a bad investment
The same would be true for any other investment. Buy high, sell low loses money. Except for benjamins. Inflation erodes their purchasing power continuously.

>>55625977
>Joseph
My mother's favorite saint. She prayed for a husband and promised to name her first born son after him. And that's how I got my name.

>>55594222
Everybody knows the market is manipulated.
https://www.justice.gov/opa/pr/jpmorgan-chase-co-agrees-pay-920-million-connection-schemes-defraud-precious-metals-and-us

Everyone knows the paper market claims vastly outnumber the physical market
https://schiffgold.com/exploring-finance/comex-now-has-28-paper-claims-for-each-physical-ounce-of-registered-silver/

Will we ever see it moon? Probably. Will it last? Probably not. Higher silver prices means that sources that aren't economical now (industrial recycling, old unprofitable mines, grandma's silverware, etc) will become viable, driving the price back down. Large holders will also cash in.
Personally, I'm not looking for a windfall. I'm happy for a store of value for emergencies or my heirs.

>>54639148
>Why do you, personally, care?
They don't. They're shills and bots. Don't give them (You)'s. Just post comfy silver and let them seethe.

>>54589044
>The main usage of silver was coins and that went away
Just bought 10 more Brits because of your shilling. Cope and seethe.