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/biz/ - Business & Finance

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26831981 No.26831981 [Reply] [Original]

Alright guys, you know about wsb and silver. The only allocated etf to buy is PSLV, but it's kinda shit and will be at big premiums soon. You can go directly into silver from crypto on Kinesis, which is fully allocated and audited. It raised $300 million in the biggest ICO a couple years ago. You can trade btc/eth/usdt directly into silver on their platform without having to wait for KYC. tx fees are low for the metals market and their is no holding cost.

https://kinesis.money/

>> No.26832691

AG is the smart play. A non meme stock thats gonna moon.

>> No.26833049

all these boomer rock threads are retarded.

the banks already own all the silver and gold.

They cornered that market long ago to execute their paper schemes.

>> No.26834165

>>26832691

Yes, AG is excellent, but Kinesis is real physical silver. It's allocated, not like SLV.

>> No.26834391

>>26833049

Banks only own 20% of the gold and there are literally no silver stockpiles in any central bank.

>> No.26834551

>>26832691
AG doesn't have shit for short interest compared to actual silver. It was also expensive compared to its peer before this started. wsb just wanted something with options and silver in the name that wasn't slv

>> No.26835863

>>26831981
I NEED MORE TIME THIS IS RUINING EVERYTHING NONONONO

>> No.26836628

>>26835863
YOU HAD MOST OF RECORDED HISTORY

>> No.26836677
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26836677

>>26834551

PSLV isn't available on Robinhood, so the next-best thing for WSB to buy after PSLV is AG. Because SLV is simply a scam and a banker fraud. AG will cause a short squeeze on the bankers shorting the mining stocks and allow silverbulls to sell their stock and liberate the COMEX.

>> No.26836881

>>26834391
Russia and Bank of England hold silver.

>> No.26837060

First I'm hearing of this, is this a token or some sort of exchange?

>> No.26837131

>>26836677
>23% short interest
not that epic

>>26836881
are you sure boe isn't just recorded on their books because they store it for slv?

>> No.26837164

>>26834551
AG is also an actually good, useful company with a good CEO
This is rhe long play
Silver to the moon .
Buy physical, AG, whatever. Just raise silver!

>> No.26837268
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26837268

NEEVVVVEER EEEVVVVEEERRRR BUY SLV

BUY PSLV IT IS BACKED 1:1 WITH PHYSICAL SILVER

>> No.26837330

Cryptards are desperate as fuck.

>> No.26837555

>>26837060
Yes and yes. The tokens represent 1 ounce of silver and 1 gram of gold respectively. The tokens run on a stellar chain. The exchange allows trading between the tokens and dollars, euros, usdt, btc, and eth. The tokens are KAU (gold) and KAG (silver). The exchange you buy them on (connected to the allocated bullion exchange for inflows/outflows ensuring parity with the physical market) is kinesis money.

>> No.26837625
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26837625

Bought into SLV and AG. Let's strap a rocket to this bitch.

>> No.26837885
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26837885

>>26836881

The silver stockpiles are minuscule. Only a few weeks' mine supply. And only 100 million ounces of silver are available for investment each year. Less than a 2 billion market cap. For reference, Bitcoin is 500 billion. Gamestop is 25 billion.

>>26837060

Kinesis is essentially Bitcoin Cash, banking the unbanked, 24/7 transactions, trustless, send it anywhere, except that every token is 1:1 redeemable for an ounce of gold or an ounce of silver. You can also pay with a gold or silver-backed debit card. You can learn about it here

https://www.youtube.com/watch?v=5Q9aYYluRA0