/biz/ - Business & Finance

>>10989867
Fellow silver hoarder zoomer here. Own over 100k physical (feels good man)

CHECKED

Silver 10k eoy faggots!

>>10989891
Brilliant anon.... you will not only have black slaves but white slaves too

>>10989867
kek has spoken
>>10988888
$8 silver EOY

>>10989867
Actually thinking about buying silver cause it seems undervalued. However the PM cycles can be really long and I don't really want to wait 20 years for it to take off.

>>10989914
Feeling soooo fucking comfy. We're gonna make it man

>>10990071
Youbarent understanding.... silver is the MOST UNDERVALUED ASSET on planet earth.

Stop STOP valuing silver in terms of dollars

>>10989867
>grug buy shiny metal
>metal shiny so it go up
>grug gonna make it

>>10990158
Exactly. Look at it's current value relative to oil, stocks, and gold. Literally at ALL TIMR lows.

Wouldn't be surprised if silver hits 10k USD in the next 3 years

>>10990071
Well, you shouldn't buy silver to sell it back to fiat again after a rise.
You buy silver to keep part of your wealth when the economy crashes.
Greece, Venezuela, turkey, argentinia, peru, india (the rupee is starting to crash), they are all fully or partly fucked.
1 silver oz gives them months of food at the moment.
That's what silver is for, to keep your wealth.

>>10990178
who are you kidding silver will be $100k eoy

Yeah but those many foreign languages are spoken in poor, shitty countries

>>10990228
And those people are actually much more educated than your average public school "educated" American.

Because they understand and actually know what real money is. Just like billions of people have known for thousands of years

>>10990216
Cant wait for the day it moons to watch meme token fags like you mass suicide on periscope

>>10990158
>Stop STOP valuing silver in terms of dollars
But I can't buy things with silver.

>>10990262
Yeah look at the educated people in venezuela, look at em

I can buy Gold and Silver with Bitcoin but I cant buy bitcoin with gold or Silver.

>>10990345
You aren't buying bitcoin for the same reasons your buying gold.

I'm buying bitcoin because I want more dollars in order to buy more gold which is real wealth and real savings.

I'm not anti crypto but trust me... you are playing a dangerous game just being in crypto and not gold and silver as well. Especially if you can afford it

>>10990341
Go to china.... offer someone a 10 ounce silver bar or a Hershey's chocolate bar like mark dice did... and he literally had like 10 people on camera choosing the chocolate bar over the 10 ounce bar of silver.

That would never happen in china. Or anywhere else in the world but in the dumbed down public school educated United States.

Here is the mark dice video of people actually turning down a 10 ounce bar of silver for a chocolate bar

https://m.youtube.com/watch?v=bYhTFz_SGw0

Silver is a garbage investment. The price hasn't gone anywhere in decades. It just meanders up and down but there is no long term gain.

>>10990461
Dollar price does not matter brainlet. You buy silver because you want protection from the dollar failing.

Did silver all of a sudden become valuable when the dollar was created? Of course not. So why would you be valuing it in terms of dollars?

>>10990490
Dollars are needed to buy the things we need like housing, food, energy, cars, etc. Those who held their money in silver lost tremendous buying power compared to those who invested in equities. Buy silver for protection from a failing dollar? Are you delusional? The integrity of the dollar is protected by the most powerful economy and the strongest military in the history of the planet Earth. The dollar will never be allowed to fail. Inflation is a concern but silver provides no inflation protection. Ask the people who bought silver in the 1980s if silver protected them from inflation.

>>10990546
>The integrity of the dollar is protected by the most powerful economy and the strongest military in the history of the planet Earth.

>>10990546
>The integrity of the dollar is protected by the most powerful economy and the strongest military in the history of the planet Earth.

Also

>>10990613
I'd tap that

>>10990678
>Imagine slowly pulling down those sweaty tighy whities and getting a full eye view of orange bush

>>10990546

Really though, Donald keeps talking about how a strong dollar is bad, and that the Fed needs to be more accommodative. Most powerful economy in the world needs lower interest rates We're only at 2%! lmao most powerful economy in the world

>>10990754
Anon, stop. I'm still at work. I can only get this erect before they start noticing it

>>10990546
They only lost buying power because comex manipulates the PAPER price of silver.

When the manipulation can no longer go on then the actual PHYSICAL price of silver will be unleashed.

Nobody invests in silver to buy it at 15$ and sell it at 30$. You are buying silver because you fear fiat will collapse.

And the very fact that you have to have the fucking military protecting that value in the dollar is literally the number 1 reason you should be heading for the exits and getting into real savings

>>10990546
I mean you realize this logic right???

You said the military is protecting the dollar. Congratulations, you just made a better argument than I have in this entire thread on why you need to be buying silver

>>10990546
Why do we need the military protecting the dollar? Oh yeah because it's fucking worthless.

Do you really not understand the logic?

>>10990272
>2042
>A joint Indian-Israeli venture, heavily subsidized by both governments, brings TX4230211-Jove, a mixed ferrous asteroid, into high geosynchronous Earth orbit
>it happens to contain (as verified by scanner bots) fourteen billion ounces of extractable native silver-- more than triple the world's total current supply.

>>10990546
So yeah... what you says makes sense in the manipulated world... if someone bought silver at 35 and now it's 15 and you need to sell because you are out of a job or prices are skyrocketing. Then yeah you take a loss but that's not why you were buying in the first place.


Also... you realie the number 1 issue in the economy is PRICES are rising. People are getting poorer because prices are RISING?

Why are prices rising? Oh yeah because gold doesn't back the dollar anymore.

I mean do you think it's just magic as to why prices are rising?

>>10990308

Ever heard of these? The monetary system is a pendulum. It will swing back again.

>>10989867
Money

Mon

Monday

Moon day

Literally the term came from the real moon.

Come on aboard the train that has the best conductor.

It reflects light from the source in dark times.

>>10990851
>09/08/18
This guy thinks Star Wars is a documentary.

>>10990995
Got one of these lil niggas in change at some dollar store I stopped in once

>>10990216
in what, Venezuelan bolivars?

>>10990429
chocolate $1000 EOY

>>10991421
Well..... when the currency becomes worthless you need things like food and housing. So you need the silver BEFORE Shtf then you'll be sitting comfy.

If a silver ounces costed 500 bolivars 10 years ago...... and now a silver ounce costs 100k bolivars.... you aren't going to take your 100k bolivars and buy silver because the currency is already worthless and you will be wanting food.

The time to buy silver is before the currency crisis. Because you won't have the means to buy any anyway after the currency is worthless

>>10991376
I'm just saying that the metals markets would be destabilized if and when this happens, and it may be sooner than 24 years hence

>>10991421
You understand what I'm saying in what I wrote above right?

If silver was 500 bolivars and those 500 bolivars also bought you 2 weeks worth of food.... but now a silver ounce and 2 weeks worth of food is worth 100k bolivars.....then it makes no sense to buy silver at that price. Because your purchasing power is gone.


But if you bought 100 ounces of silver at 500 bolivars each.... and now a silver is 100k bolivars and 2 weeks of gold is 100k bolivars..... well now that 100 ounces of silver will buy you like 200 weeks worth of food

>>10991497
2 weeks of silver I meant

>>10991497
2 weeks of food I meant.

>>10989867