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/biz/ - Business & Finance

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16336147 No.16336147 [Reply] [Original]

>world M3 money supply = $120 trillion USD fiat
>if you were to back every single dollar with an equal amount of silver you’d only be able to back every single dollar with just 1/60th of a gram of silver that’s ever been mined, in reality it’s less since over 40% of all the silver ever mined is lost and not recycled or found

>> No.16336157

I don't care because normal people money spends even better than your autist metal.

>> No.16336222

>>16336147
How can we profit from fuck werewolf?

>> No.16336240

>>16336147
People think 2017 will com back or link will be anything other than a disappointment.
Silver will outperform all

>> No.16336263

120 tril M3 usd money supply / 1bil oz of silver world wide

= 120k usd/oz price of silver

Really makes you think

>> No.16336283

>>16336147
ok boomer

>> No.16336300

>>16336147
That puts an once at over $1,680USD at 1/60th a gram for $1USD.

>> No.16336320
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16336320

>>16336263
if silver has the same market cap as Chainlink, then each ounce of silver is worth as much as one Chainlink token

>> No.16336339
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16336339

>>16336222
Awoooooo