/biz/ - Business & Finance

>>27188196
AGGGGG!! AGG!! AG! THE GOYS ARE BUYING PHYISCAL! THIS IS ANTISEMITIC!

It’s fucking happening. We are going to blow up the financial system.

>>27188196
biz hasn't a clue about anything, they will fomo in at ath

The market cap for silver is so high that even if every single user of reddit and 4chan combined spent $10M each they wouldn't budge the price.

>>27188466
kek this /biz/lets will be the ones paying 60% premiums.

>I bought the wrong rocks

>>27188477
Wrong. You are talking about paper contracts, not physical silver.

>>27188196
I buyed 10oz yesterday. Over time as I take profits from crypto I'll put them into silver.

>>27188196
Only if you buy paper silver goyim. The real stuff is worthless, trust me.

>>27189073
But that's what 99% of people are talking about
>BUY SLV!!
They can print forever

>>27189073
Yeah and why would the price change unless those contracts were executed for physical silver?

>>27188196
if it actually happens its THE happening

>>27188477
Checked.
Retail demand affects supply for industry demand AND etf warehousing/Ponzi scheme warehousing demand. If a lot of people buy retail physical, the effects could be remarkable as the other 2 must also keep buying to meet Production needs and Ponzi needs.

>>27189724
They will be executed for physical silver. That is the whole plan of this squeeze.

a 50/50 buy into SLVRF, AXU correlates very well with SLVR. Together they both move 2x% move for every1x in SLV on the upside..

So technically speaking for every 1% SLV goes up...they tickers combined will go up 2.4%.

.they are also insanely cheap...on is 55 cents a share and the other is 2.82
Ill be loading up on these two monday

What do you think about Pslv?

Silver chads, I understand SLV is worthless paper garbage, so why does it closely track the price of silver while PSLV seems 2/3 behind spot? What is at work there?

So how do I buy physical silver?

>>27188477
ignoramus alert.

>>27190139
Because its supposed to track the physical price..thats literally the purpose

>>27190390
there's a new PM thread on the front page every 10 minutes with a list of dealers - depends where you are - search buy physical silver in a non google search engine

Honest question. How does /biz/ feel about having physical Ag in storage? I use silvergoldbull. They seem pretty based and openly talk about PM as a hedge against fiat currency

>>27188196
I like the metal.

>>27188196
too many happenings dilute strength, but silver is pretty good for electronics

Should my mother buy silver as an investment? She's looking for something to do with her money but crypto is too scary for her

>>27189018
gold will probably pump because silver is pumping, the two follow each other

>>27191383
it's probably a good idea. things are looking pretty shaky right now. GME going to $300+ and instilling panic in jews all over the TeeVee isn't exactly great for market confidence.

Why is physical silver better?

>>27190623
So what's the difference? If I want to buy an oz of physical silver I'm looking at about $28 which is roughly what 1 unit of SLV will cost me.

>>27188196
It's happening. Shake out the $AG shorts and buy physical.

>>27191639
because it's phsyical silver

are you going to build electronics with paper?

>>27188477
Only if you are an idiot and buy paper silver. You need to buy physical.

>>27188196
Hedgie astroturf to get twittertards to look away from the GME situation so that hedgies have a bigger chance figuring that one out

>>27191639
you hold it and its finite, the more you buy the more the mines need to go and dig up out of the ground which takes time. Its not usually noticeable but when lots of people start hoarding silver / gold it does start to strain the supply.
plus having a few bricks of silver never hurts either in general.

>>27191383
have her go 30% crypto, 30% EM etfs and 30% low-growth, high-dividend staple stocks that aren't going anywhere.

>high purity precious metals not taxed in Canada
Leafs can make the biggest dent

>>27191811
SLV is "paper" silver. It doesn't exist.

If JPMC goes tits up, (because it ran out of silver to deliver) SLV will go to $0 while the price of silver and PSLV will shoot > $100

Absolutely it’s how the meek will inherit the earth. Completely outside the system. They can’t control it or crackdown. We start our own money based on silver and gold. They bid our new silver up as they try to implement new technologies that are very silver intensive. Their value systems collapse and they are exposed. Leading to a rush for truth and real things. So much is tied to this hence the thousands of years of manipulation

>>27191383
No matter what happens silver is always going to be a safe investment so yes

>>27191891
But if I own shares in an ETF with futures contracts that mandate delivery of physical silver, how is that different?

>>27188196
no. trusts like SLV have in their prospectus they can force settlement in cash. COMEX settlement is in warrants. warehouse claims. more paper. you have to actually buy silver and you have to do it in even greatest excess than the hunt brothers tried. it's been 50 years. it is easier than ever to get more, when needed. read their story. it won't work. someone is pumping precious metals.
by the way, as a gold investor, i stand to gain money if you follow through with this. not a crazy amount, but probably a lot.

>>27191811
the difference is that with SLV they fuck around with the market for it's securities. How do they do it? It's not actually backed with silver.

If the spot price of silver pops hard, SLV will not keep up because they won't be able to acquire enough of it / won't be able to afford their short positions.

It's like bitcoin. if you don't control the private keys, it's not your bitcoin.

>>27191811

Bro Some people sont actually physically want the shit..they just want to speculate on pricing.

When i trade oil i dont want the fucking 55 gallon drum in my driveway

>>27190139
an offset from spot doesn't mean anything if it's always the same offset. some CEFs trade at a discount to NAV at all times, down to the penny (notwithstanding dividend). it typically reflects expenses or some other frictional loss.

>>27192111

You are dumb as shit. If you buy a paper silver contract you buy rights to pull it outbof the ground at the agreed upon price.

>>27188196
Someone can help an ignorant retard here? Can I buy physical silver by mail in california or i need to do it in person? Is it risky to buy it by mail?

>>27191811
read the prospectus. please.

>>27192468
SLV is a trust fund.

>>27192529
you can order it online without issue as far as I know but their is a poor tax on physical metal orders under 1500oz so know that.

>>27190071
PSLV is run by a non-trickster, whereas SLV's custodian is JP Morgan who has manipulated silver for decades.
PSLV is backed by physical silver, 10,000 ounces deliverable to any investor.
if you can't buy physical, buy PSLV

>>27192529
i send personal checks to APMEX after i place orders with them. they send packages back. i've never had an issue trusting them, my name and address on the check. if you really don't like it, try a jeweler, or an actual coin shop, if there's any left in your area.

Seems like you guys missed it yesterday.
https://silverprice.org/silver-price-chart.html

>>27192468
SLV isn't a paper contract retard it's basically an ETF.

>>27188196
yes & /biz/ has been stacking for years
I stopped stacking ase's, bars & constitutional when I hit my goal of my own body weight pound for pound in silver (220 lb @ avg of $14 ozt)
Don't forget to pump my gold while you stupid niggers are at it
I am delighted you moralfags are going to fomo in at retardulous premiums on the highest spot prices in decades to do me a solid.
once again og's are playing you newfags like an orchestra.

>>27192468
stop posting

>>27188196
It's just idiotic rock holders trying to feed off GME newfag energy by using similar language / talking points.

>>27192924
Lol the silver play has been in the background for a long time. A few investors have tried to play in the system to beat it. All we need to do is take the pshycal. And we essentially create a run on the bullion banks decoupling from silver. Gme was the first step in exposing the fraud. The silver play is the final boss takedown of the cabal you shilling cunt.

>>27192844
they will by accident, because of the royalty structure of miners. GDX and EPGIX are the big killers now that we have permanently >2% inflation in the world's reserve currency. you drive almost any commodity up, and they go up. and what drives every price up everywhere, in fits and starts? inflation. and what unseats reserve currencies, permitting a reset? world war.
bide your time, lads. bide your motherfuckin' time.

Lots of misinfo paid shillers in This thread. Keep playing in their casino see how it just keep son going.

>>27188196
Aggy

>>27188196
sounds good desu

If I'm poorbucks and don't care about silver being actually delivered to me because I wouldn't have large enough volumes, is SLV still a bad idea for the other issues with it or is it fine?

>>27194019
go with the others, SLV is not a great option for whats going on.

Buy AG or Pslv, the others are paper silver no physical backing.

Is wisdomtree alright to increase silver exposure?
I only have 10oz physical Ag but 6oz physical gold and 1k in GDX

-AG- first majestic silver.

I enjoy the stock.

>>27188196
Rate my stack. Roughly 35 ounces.

>>27191163
iykyk

>>27188196
this is hilarious to watch.
The preppers who missed out on GME, the lolberts who missed out on GME but laughed at the hedgies going down, the leftwing nuts who wanna bring it all down, and some opportunistic metal merchants keep telling each other they're gonna "blow up the system man" by buying a useless hunk of shit metal.

This is pure entertainment.

>>27190021
What do you think about impact silver (IPT)? About to leave pennystock territory

>>27195312
I use them as my ETF for Physical Gold / Silver.

If there was a run on silver, would you expect paper silver to go up or down?

Maybe it will go up, because everyone is buying silver.
Or maybe it will go down, because paper silver is no longer worth anything since there's not enough physical to back it up.

Which way you think it'll go?

Living in CT for school. Went to APMEX to buy 2 oz of silver, total came out to 80. (62 + taxes and shipping)

Is it really worth it buying that much over the spot price?

>>27188196
Where can I go to talk to actual /biz/ traders and not reddit newfags?

>>27195520
>hitla stamp but no reichsmarks
strange choice, but now i want a fuhrer stamp too

>>27196505
if you want PM info go check out /pmg/

when does the bacon narwhal

>>27196334
if a run is about to happen, I think the paper will go up for some time UNTIL it happens, someday, that some people understand the physical delivery is not able to be honored anymore.
Then paper will be worthless and physical bullion price will skyrocket to Mars.
IT is not a matter of IF but WHEN.

>>27192633
>if you can't buy physical, buy PSLV
Subtle jewry at work here. Of course you can buy physical. Do not buy PSLV

>>27188196
Who knows but it's worth a shot. I'm in on it, have been in PM's for months, bought more buying more

>>27188196
can you faggot stop spamming silver theads until after i buy on wesday

>>27196334
Paper silver would go up initially, tracking the price of physical. The reason is that if it fell behind, the big banks who can actually demand delivery would do so for arbitrage. But once they run out of silver to deliver, paper goes to 0.

>>27196636


the bacon narwhals at aadvark.

>>27189073
The market is spooked right now, and short Squeezes just became the meta for the big money to profit. We make the call and start buying and some institutions will follow and start cannibalizing the others to stay in the game.

>>27190021
Sounds good
How do we do this with options?

>>27196904

Just use your mind to alter the course of events anon

>>27188466
Then this must be the ATH, because I'm fomoing in really hard right now

>>27196871
physical silver takes down the robin hood option
and replaces it with outright state ban on purchase or ownership
in case of success

>>27196636
>>27196888
Shut the fuck up you fucking faggots and go back

we are about to kick off a world wide bull run on silver. whats going to be interested is how to government responds given they need silver to be cheap in order to implement the green new deal, setup a 5g surveillance state network, and all their other globalist bullshit.
running up the price of silver will throw a monkey wrench in their great reset plans

>>27197028

Scientia Potentia Est

>>27196775
why not, the have 90% physical at the Canadian mint, trust them way more then SLV

>>27188477
50B is the value of silver bullion/currency in existence ~5% of the total silver

>>27196871
>But once they run out of silver to deliver, paper goes to 0.
this is the ultimately YOLO bet. buying puts on $SLV
pretty sure i saw a large print of like 8,000 put contracts on $SLV at $24
seems like someone out there has taken that bet

>>27197012
you could buy calls on Feb 19 AXU for .03 a contract. Thats damn cheap. If SLV hits $32..AXU should be about $5

>>27197128
But that supply can change if there's increased demand

>>27197064
This. Hoard all the silver in your basement so they can't make a robot to rape your ass when you refuse to kneel for BLM.

ponzi scheme filled with boomers patting each other on the back to cope with their useless purchases. everything in this industry is a ponzi but this more than usual

>>27197064
trust and demand in precious metals
puts pressure on the US dollar

buying physical removes the robinhood option they pulled with GME or at least makes it drastically more costly for regime credibillity

from what I see the real problem would be the short amount of time to make it happen, while the silver could be resupplied it would take time, think the toilet paper thing earlier this year, the reserve exists, but need time to enter the system

for such a strategy to work, people would have to zerg rush silver in an extremely short time

>>27188196
Why are they able to trade so many paper shares compared to actual supply? Because so few people demand delivery. We need to buy up physical supply and DEMAND DELIVERY from the paper shares. This is how you squeeze them. This is how we win.

>>27197248
its hard to mine in the middle of a (((pandemic)))
most mines are operating at like 10% capacity. theyre idling, waiting for the restrictions to lift

>>27197343

Silver is currency

It happens to be the most conductive of the noble metals, which suits it's function as currency - with worldwide applications

>>27197393
But futures outnumber physical supplies 500 to 1

There is a lot of silver being mined, but not nearly enough to cover that kind of shortfall

>>27197280
>NOOOOOO WE WERE SUPPOSED TO MAKE RAPE ROBOTS

>>27197368
>buying physical removes the robinhood option they pulled with GME
im with you. i yolo'd my stimulus check on silver and invested a few thousand on $AG

>>27197189
those calls would make you a millionaire if silver went to $50

>>27188196
BUY BUY BUY AT LEAST THREE OUNCES OF SILVER

>>27188196
it does occur to me that buying silver is low risk anyway, if it doesn't moon you justy hodl until it balances it self out again.

am I right?

>>27195520

I like your 90% silver old coins, just be careful you aren't paying massive amounts for collector value because only some strikes have that.

Canadian retard here, I wanna buy options whats the best ticker?

>>27197565

I'm holding mine anyway I think until it hits 1k an Oz

It's my new hobby

>>27197565
>am I right?
yes. its a very good place to park wealth. especially now given the USD is in the shitter and stonks are inflated

>>27197413
Not here, and we are no. 2 in production, I doubt China or Russia have cut back either

>>27197686
since biden fucked you guys out of the keystone xl pipeline you can do your leaf bros a favor and invest in $AG which is a mining company based in canada

>>27188196
Boomer Rocks
This shit is getting shilled to hard for me to take it seriously. The DD I've seen is lame, just the normal shit I see coming out of collapse mongers.
Will get better returns on most anything else.

>>27197848
im in north america, so im thinking about south america

>>27197738
if it hits 1K an once a 6 pack will cost you $500 bucks.

>>27197395
>Why are they able to trade so many paper shares compared to actual supply?
because a high precious metal price discredits the US dollar as currency
it is basically enforced at gunpoint if you would test the system for its bottomline

>>27194987
theyre saying that SLV is the one that is going to be short squeezed so WSB will try to explode it. Thinking of making a quick gain using that... thoughts

>>27197938
>Boomer Rocks
>This shit is getting shilled to hard for me to take it seriously.
go buy dodge coin faggot

>>27197980

It was $683.22 in 1980

>>27197980

I think gallium will really take off. I like gallium, a lot. It melts in your hand.

>>27198033
buy physical for the squeeze
the run reverbrates up, silver is permanently shorted by proxy state actors to prop up a corrupt currency system

>>27198040
Same argument. Also, my wife's pissed that she had a limit set on her doge coin. Hadn't checked in a month then it 10x but she only go 20% on her investment.

Talk about futuristic currency, non newtonian future bullion, semi liquid state metals

does it matter what I buy? Like is there a certain type of physical silver I should be focusing on? example: rounds vs ASE vs bars vs silver USD coins. Currently have about 1.50 face value of coins i;ve collected and just bought 10 oz in ASE and bars.

>>27198348

.999 if you buy Oz

if you buy other random things like antiques, solid silver

>>27198348
junk silver will do if you wanna hold physical.

>Crypto-shilling children in this thread shitting on precious metals

Lmao, go shill your "Chainlink" and "Peniscoin" elsewhere. There needs to be a containment board for these people.

Realistically speaking, how much could we expect the price of silver to go up by?

>>27198348


925 Silver. Sterling is the jewelry quality standard in the United States and most world markets. It is an alloy of 92.5% silver. The remaining 7.5% is usually copper though it is sometimes other metals such as nickel.

>>27198679
>>>/pol/305879839

>>27198134
Lol

>>27198809
Okay so? Like 800?

>>27188477
HAHAHAH
paper faggot
Miss the greatest wealth transfer in history
The true crypto will be pegged to gold and silver

WHERE DO I BUY?

PHYSICAL

OR OTHERWISE

I NEED AWNSERS

>>27199036
APMEX
JDBULLION

Local Coin store

>>27198679
hard to tell. look at the 1978 run where it went to $50 (remind you: $50 was alot of money back then)
nobody really knows. but this is looking like its gonna become a world wide movement, so it has massive potential. we may see institutions get in, like they did GME, which will further accelerate things.
this is becoming more than just making money, this is something more akin to a financial populist movement, or financial activism, something we have never seen before, something that the elites are not prepared for. this could very well lead to bankers putting shotgun barrels in their mouths.

>>27198809
what justifies the 5-10times reduction to 1970 in value?
is there any rational reason you could think of?

Should I buy physical or PSLV?

>>27188477
Buy the actual bullion you retard.

>>27198890

A tidy sum

I am holding past 1k no matter what happens

>>27199036
Buy $AG

https://stocktwits.com/symbol/AG

>>27190390
APMEX, JM Bullion, there's a bunch of dealers.

>>27198559

Biz was the containment board but for whatever reason its all stocks again instead of sneedcoin or whatever else faggot project they come up with

>>27192468
Precious metal holders don't consider anything other than actual, physical metal in your hand worth anything. The absolute maximum we would accept is it being locked in a third party vault, and no that doesn't mean a share of some bar somewhere, the stuff I bought goes in the vault and I can go and look it, hold it and take it home whenever I want.

some anon linked this chart
a 5-10 times decline in value since 1970 all spikes to the former avg level against petrodollar squashed this makes zero rational sense it really looks like a massive short by state or quasi state actors

>>27199234
>physical
is best
>>27199263
I second this

>>27188196

Absolutely not going to happen. Gamestop is a once in a decade experience. They already tried to distract with AMC and people were left holding the bag. Same thing would happen with silver.

added some lines for retards
>>27199569
>Absolutely not going to happen. Gamestop is a once in a decade experience. They already tried to distract with AMC and people were left holding the bag. Same thing would happen with silver.
such a convincing argument you have there. you almost just made me sell my bags

Do you know how much silver the fed and the Chinks are sitting on?
Never happening, sorry

>>27199738
are you a silverfag? can you explain why silver declined so much in value since the 70s?
is there any rational reason for it?

>>27199253
Nigger why? I have 36 ounces of silver, and I know for a fucking fact I’ll be cashing in to get $36,000. It won’t be that high in price for at least another 30 years.

>>27199850
>are you a silverfag?
back up your statement or stfu

>>27199850
https://www.youtube.com/watch?v=EbqSrvlQVrw

>>27200173
this here it makes no sense
>>27199467

What is the marketcap of silver ? I don't think people have enought money to move it compared with GME where the market cap is limited.

>>27199253
SO when do you expect we hit that? End of 2021? Next month? What are the expectations?

>>27199850
wrong video
https://www.youtube.com/watch?v=S1M8PTsj4LI

>>27191163
You can not kill the metal. The metal will love on.

>>27200512
nah that only explains the 1974 bump not the avg value
>>27199467

>>27192529
use fedex

>>27192205
>But if I own shares in an ETF with futures contracts that mandate delivery of physical silver, how is that different?
"We changed the laws and now we own your silver that you don't actually have in your possession"

Live in 20 minutes to discuss the silver short squeeze. Dont miss it
https://youtu.be/whp26NU1X2g

does this silver shit affect those 90% US coins? I kinda found a tool chest packed with half dollars, quarters, and dimes in my late grandfather's attic.

>>27201538

of course it does

>>27201538
Yes, they'll be valuable as fuck

>>27201538
>does this silver shit affect those 90% US coins?
of course. i actually just bought 500 mercury dimes on thursday when i first caught wind of the silver pump

>>27188196
Silver has been undervalued forever. It's about damn time

>>27198559

Any investment is just a vehicle to protect and increase your wealth. I'm converting a small portion of my crypto to buy a few thousand rounds of silver and some gold bars.

holy shit kek JMBullion is totally out of 100oz silver bars
https://www.jmbullion.com/silver/silver-bars/100-oz-silver-bars/

>>27202089
AAHHHH WTF! NO MORE KILO BARS EITHER! I was just looking at them yesterday!
https://www.jmbullion.com/silver/silver-bars/kilo-silver-bars/

>>27202166
FFFFFFFFFFFFFFFF
NO MORE 10oz BARS
https://www.jmbullion.com/silver/silver-bars/10-oz-silver-bars/

>>27202089
>>27202166

About the only thing left at a good price is the Somalian Elephant rounds. Pretty good price, I guess.

>>27188196
Similar things have been done before, see here
>>27201659

Will I make it if I buy AG?

>>27190021
>>27192633
I bought AG am I retarded bros? It was so cheap

PSLV
AG

>>27202965
>>27202806
$AG is gonna be a moon mission
literally the best play
https://www.youtube.com/watch?v=whp26NU1X2g

>>27192019
>its finite
>mines dig up more

>>27199569
Wym distract? AMC is a nice movie brand with online assets also

>>27192335
>(((some people)))

guys if i bought silver on revould it will count like bulion?
they write that bank will hold exposure on my silver

I believe silver is going to be in bull market for next decades, so it's safe to buy long term.

>>27191163
shiny me buy

https://www.youtube.com/watch?v=whp26NU1X2g

>>27188196
Just fucking buy. It's happening.

at 27 its a good price. my dad was a jeweler and says gold and silver are the real stores of value. buy silver and then go to gold right after. Gold will store its value more effectively. But gold is for after the silver spot price crashed.

I bought 10oz of junk Kennedy halfs today. Im going to buy another 3oz tomorrow. Curious where this is going to go.

>>27202965
>trees don't grow bigger in Romania

>>27195312
>HSBC custodian

Corrupt as fuck, no thanks.

Silver bars are gone. All gone. You are too late.

>>27205074
you can still buy a silver dreidel for $50 over spot, goy

>>27205074
iykyk

>>27197368
wrecking all these shorts (le cabals) would also decouple the real us economy

>>27189073
yet you can manipulate and let people borrow silver you don't even own curious

>>27205178
I clicked it and it says it is "selling fast". Just tells you how many idiots are in this #silversqueeze movement. It is getting big.

>>27192335
>Not having a subterranean tank physical oil storage
>ngmi

Any alternatives to $PSLV for us europoors? I can not buy american ETFs here :/

>>27205539
>PSLV
Buy physical silver

>>27196677
>if a run is about to happen, I think the paper will go up for some time UNTIL it happens, someday, that some people understand the physical delivery is not able to be honored anymore. Then paper will be worthless and physical bullion price will skyrocket to Mars.
Why would it be a good thing to own silver if the entire economy has crashed? Am I supposed to sell my bullion for 1 quadrillion pieces of paper? Are silverbugs suggesting we'd return to a barter system where silver owners are like kings? This all sounds like an idiotic pipe dream.

bros i need more silver but no place is open where i live

>>27188196
Banks will come to an end if that happens. 401ks gone, cash flow gone, government gone, housing gone. you will have no cash, you will need to kill people to survive or be killed by people. its the great reset they didnt want to happen, but it must happen.

>>27205628
silver has always had inherent value retard.
if your portfolip doesnt consist of

Silver
Gold
Legally prescribed Amphetamine stockpile

you're going to lose it all

bros help me on this shit, i can get silver coins for $44 canadian an oz is this any good?

>>27205595
I need to pay 25% VAT if I buy physical silver here though

>>27205539
You can buy pic related

>>27188196
It’s completely retarded for many reasons and believing in precious metals and cryptocurrency simultaneously is fundamentally contradictory.

>>27188477
checked and imagine being so fucking stupid that you think the paper silver market is real. lololol. that is fucking rich, my fren. Buy and have the silver delivered to your house. If every single user of reddit and 4chan demanded delivery of phys silver, do you have any idea how fast the whole market would implode?

>>27206248
crypto needs to be backed by sex for it to maintain value

>>27206248
>and believing in precious metals and cryptocurrency simultaneously is fundamentally contradictory.
Yes, it's called hedging your bets, that's the point, my friend.

>>27188477
This. It'll take billions of $ to even prod the silver market, and billions more to dent it.

>>27205628
You trade your silver for the new currency of the next economy at the Mich higher price. FIAT is just an asset at the end of the day. A shitty one that loses value as you hold it because the fed can magically make more of it, but an asset none the less. This is a hedge against the economic crash that's coming and for the new one to replace it, whatever that ends up being; barter, bullets, women, food, crypto, nu-fiat, etc.

>>27192468

>You are dumb as shit. If you buy a paper silver contract you buy rights to pull it outbof the ground at the agreed upon price.

>>27195784
Great company, huge territory with past history of producing many millions of ounces of silver going back 500 years, great management. Highly levered to a rising silver price.

>>27205539
ishares physical silver

>>27205539

First Majestic Silver is a miner which refuses to supply the COMEX.

>>27188196
watched some video where a 4chan boomer was saying silver is a PnD?

>>27188477
good thing its being shilled on twitter facebook and youtube then

>>27191891
how do the markets know how much silver i hold?

Just picked up 60 oz

>>27205812
how does $1300 CAD sound?

>>27206354
Over 99% of the "silver" out there only exists on paper. Most of the remaining silver is "held" in repositories that don't conduct inventory audits.

>>27206248
Disagree
Crypto is an alternative to fiat, but gold has been a store of value for all of human history. It's not going anywhere

>>27206826
And there are repositories of unrefined that don't conduct audits either.
It will take a run that has never been seen to push the refiners to get to work.
And it'll take something more to squeeze them.

crypto can be banned at any second. not saying you can't use your gains to buy pm's.

Im not touching SLV

They are gonna fucking restrict the bug tickers. Buy cheap miners

>>27206289
>>27188477
Hey idiots, I have been watching and thinking of buying physical silver for awhile. I've been watching the charts and inventory since covid started desu. In the last week all of the silver websites I frequent suddenly have no inventory of all the HUGE quantities of silver, and many 100z bars are missing.

>>27207014
The question is how much the paper can absorb before people lose confidence in it. Bubbles are fine until they pop. I'm betting that JP Morgan is run by greedy Jews who are milking every last (fiat) dime out of the paper silver scheme and that they don't have nearly as much headroom as you believe.

>>27190390

I got American eagles from the local coin shop for $31 each

>>27207170

We always said that the game of musical chairs would stop playing quickly. Never knew that it would be this quick. Hope that those who had paper gains in Tesla or crypto or such like things managed to get some of it out before it was too late. No more silver left now. All gone.

>>27197557
I got 4 can I hold until it's $7500/oz when JP Morgan starts getting squeezed?

>>27195569
kike alert

>>27188196
I bought AG calls.

>>27206770

When they can't buy it

All of the silver suppression is done by trading paper silver, that is, certificates and shit, but that only works because there's enough silver going around for it to seem legitimate

if you, and everyone else, buys silver, as much as possible, that trick won't work, it'll be clear that silver isn't as commonly available as originally thought, make sense?

>>27207216

There's going to be a lot of forces trying to stop the squeeze, but I'm willing to bet they don't have as much room to hide the shortage as they want everyone to believe

>>27207277
Where are you guys getting these arbitrary prices per ounce

Does anyone know the real possible price after the squeeze?

>>27191383
No. Just buy ETFs and 10% Bitcoin in case it goes to 1 mil in 10 years.
Apple and Amazon are safe bets too.

Its easier for (((them))) to pay a shop to say silver is out of stock than it is for (((them))) to blatantly manipulate the stock market.

>>27207489

Silver should be $1000 an ounce on the basis of,

1) The average historical wage, from Graeco-Roman times to the early 20th century (about 1/10th of an ounce);

2) Given that 1980 was simply an exposure, by the Hunt Brothers, of the true price of silver when the derivative market falls apart, the 1980 ATH adjusted for real inflation (which is $966 according to ShadowStats);

3) From calculating a DGR of 1:1 and a GSR of 1:15, as we had also in 1980 (1:15 is simply the normal historical average for silver; and the mining ratio is even 1:8);

4) The short positions of the banks. GME was 140% short; owing to the big 8 banks, silver is 50,000% short;

5) Common sense about the rarity and usefulness of silver. Almost no stockpiles (governments have only 3 weeks' mine supply), annual investable supply is only about 100 million ounces, less than a $3 billion market cap or about the same as GME before the squeeze. And yet silver is critical for modern life. Mining insiders say that pretty much all high-grade silver deposits are now gone. Silver is so rare that owning 60 ounces ($1500) puts you in the top 1% of owners. Owning 30 ounces of gold ($55,000) puts you in the top 1% of gold-owners. Gold is also mined at a mere 1:8 ratio with silver. Yet the GSR is 1:70. The historical average is 1:15: some say 1:10. The artificially suppressed price of silver is causing it to be consumed so fast that if we don't squeeze silver to $1000 soon, the world might simply collapse into a new Dark Age.

>>27207489
>>27207594
We did some rough math in another thread regarding the historical pricing of prostitutes and concluded that the price of silver should be about $3900/oz.

>>27200350
The market cap of physical silver is about the same as GME. The market cap of paper silver is many times that. If people pile on paper derivatives nothing will happen. If people spark an actual shortage of physical things will explode.

>>27207698
lol gtf outta here with that gay shit...making me ERECT over here. I bought a 1000 ounce bar earlier today

>>27207816
This is why im confused with people buying SLV or even PSLV. sure PSLV is physical but still in theory. If they pull kikery whats to stop them from honering PSLV

>>27207216
>>27207372
I'd love to see it happen, but my guess is it'd take multiple decades of concerted effort.
Silver is silver though, so its not like its a bad long term anyway.

Scottsdale Mint getting hammered

>>27208004
Imagine the shit show that ensues when PSLV publicly states there's is not enough silver

>>27207698
kek, if silver goes to 3900/oz, i will tear down a solar array at a nearby church. in minecraft.

>>27188196
SLV isn't being shorted dumbass.
That's paper silver just because it's fake as fuck doesn't mean it's shorted.

Alright whatever I have some slv and some uslv go buy it so I can dump my bags.

>>27207698
Was that calculated based on the formerly well to do housewife index?

>>27192205
Not your keys not your coin. Extrapolate

>tfw no money
>tfw 3k link in aave
>tfw take 15k usdc loan
>tfw go to jmbullion/apmex for gold and silver ox zodiac
They got 1 kilo bad bois too. Its metal ox zodiac tbis year in time for golden bullcum
Leggo

>>27191163
I just wanna be a witcher. I need a silver sword.

>>27188477
>>27189073
>>27189959
>>27190556
>>27197128
>>27199251
>>27206289
>>27206722
>>27207170
Completely debunked, guys:
>>27208095
>>27208095
>>27208095
>>27208095
>>27208095

>>27207170
Good thing I bought all of mine over 4 years ago. idiot.

>>27208417
Oh shit fuck that proof coin

>>27208417
from what ive seen jmbullion has the highest premiums. shop around

>>27188196
GME really was a once in a lifetime investing event, kudos to DFV.

Rest of you retards aren't going to make it. Buying SLV or increasing the shipping backlog of bullion suppliers does literally nothing

>>27191022
If you don't hold it, you don't own it

>>27191022
Fuck off glowie

>>27208457
Youre a fucking moron

>>27207817
>>27208240
>>27208361
>>27207698

Here, have a shitty OC infographic.

>>27193110
Good job explaining this.

>>27206354
It seems like the kind of thing someone with 2 billion dollars would be interested in this if it kicks off.

>>27208875
I am both laughing my ass off and barely containing my raging erection
Now I can only imagine the shitstorm of paper holders and the price of physical price on monday morning
May the creator of that pic live a thousand years

I don't even know what's an exit strategy don't @me

>>27208496
Thanks for the advice. Seems everyone does crypto now so im more flexible

>>27195784
Its a top junior silver minor stock. Junior miners have potential 100x returns and that was BEFORE this silver squeeze started. Everybody lives impact. Also check out silver one. They have 30m ounces of silver they will start producing this year and they have a big ass property on top of that.

>>27188196

>>27197019
are you buying physical?

Buying some ag on Monday morning, have hundreds of oz in us 90% silver coinage.

>>27210947
Women don't have thoughts about this ind of shit anon, get real

>>27206248
Both are detached from the current system, which is enough.

>App I use Let me invest in SLV and SLVP but not in PSLV
AAAAAAAAIIIIIIIEEEEEEEEEEEEEE

>>27188196
SLV cap is too high, this is a psyop all weekend long to distract on GME.

>>27212488
>SLV
Literally a retard trap. Please try reading before posting next time.

i found 2 ounces of silver in an abandoned house, what do?

where would you even sell physical silver?

>>27213482
I vaguely heard that if you bring minted coin of silver and gold to anything that they are supposed to reimburse you but someone else confirm

>>27213482
to jews of course. they cannot resist the urge to give you money for gold or silver.

>>27192335
That's because it's not feasible. If you could comfortably store that much oil, many would. The amount of silver that would put you in the top 1% of holders can be fit in a safe or beneath your fucking bed.

>>27208185
>multiple decades
enough with the demoralization, fag. everybody buy silver

sillllllvvvvveeerrrrrrrrrrrr
AAAHHHHHHH

>>27198033
The only thing that will squeeze silver itself is buying up physical. If people transition from buying paper to demanding physical, you'll really start to see it get insane. Once paper holders realize 'oh fuck I have to cash out/demand what's owed to me, the value of the metal itself will raise.

There's a reason why people say 'if you don't hold it, you don't own it'.

>>27213249
A pawnshop near me has two gold medals, or some shit, from Nazi Germany. It's like a gold swastika, attached to a ribbon, like some kind of medal. I think the pair was $1200. They're cool as hell, but I feel like Nazi paraphernalia isn't the right thing to put money into.

>>27213482
try google

Do you guys actually think people are going to buy your physical silver for $1000 OZ. Must be retarded to putting it in the form that's harder to sell back, I think silverbugs took over the actual SLV short squeeze plans

gamestop short squeeze is actually real, but what's up with silver? Why the fuck it will go in price? Did anyone short it?

>>27188196
Remember that buying phyzz is a hate crime. The only legal way to buy silver is through a nice friendly bank.

>>27198679
The only thing I know is that over 20% of all US Dollars in circulation were printed last year.

>>27215030
His is why i got in, wish i thought to do it sooner. Im not looking to flip it fast, im looking to hedge against inflation/finNvial collapse

>>27205348
>Walk into coin shop
>Hand over my 50 silver dreidels like a boss
>Silver has tripled in price so I should make tons of money!
>He offers me what I paid for it
Kek

>>27208457
>he wants to take delivery?
>turn off buy orders
>disable withdrawals
>shut
>it
>DOWN

>>27208240
Figure out how to get the silver out of people's teslas and you'll be a millionaire

>>27214246
Pussy

>>27214581
I believe it's shorted at 30% right now. It will go up in price if people join the bandwagon, it's already gone up from 25 to 27 and we're just waiting for markets to reopen to moon it. Silver holders are also a lot more stingy and will legitimately NEVER sell their silver, supply will always be kept low because of this + industrial demand.

>>27192063
Are you saying all of Canada is chinks,? because you would be correct

>>27192844
legend

>>27192744
you are the fucking retard. Its not an ETF. 1 SLV represents 1 ounce of silver. You can redeem and take delivery in 1000 increments but no one ever does as the shipping and logistics is fucked. But technically you can.

>>27219246
>you can take delivery of SLV in 1000 oz increments
o i am laffin

Buffalos seem to have the lowest premiums. Is this a good, common coin to own? I don’t want something obscure that will be harder to unload. Would Buffalos be good for my 1 oz purchases and go for bars for my bigger sizes? This is all silver related btw.

>>27217441
What's a fwtdhwadoqa?

>>27220459
Formerly well-to-do housewife with attractive daughter of questionable age

>>27192844
If you get fat do you punish yourself by buying more silver at inflated prices?

>>27220956
This silver purchase spree is making you small hats seethe so bad. I love it.

>>27197473
Fuck that shit get me 10oz of uranium

>>27220401
Generic buffalo rounds are fine, just get something close to spot price and do it sooner rather than later.

>>27207576
Drew?

>>27219246
>shipping and logistics
That unironically isn't the problem. Brinks can take care of that for you if you live in any major city in USA, UK, Australia or Europe and even other parts of the world if you live in fucking Jo-berg or some other shithole. The issue is that JPM just flat won't give you silver if you are not on their special snowflake list

>>27191163

>>27188477
>he doesnt know

stay poor

>>27208293
printing paper silver certificates is shorting physical silver by inflating the supply. Think of the silver certificates as backed by silver, yet you print more and more and only add some silver here and there to the vault.

I work in international precious metals. AMA I will answer best I can without revealing myself.
Fuck Niggers
Fuck Kikes
Fuck JPM
Fuck Rothschilds
The holohoax never happened but I wish it did.

BUY BUY BUY, BUY BUY
BUY BUY
I'M DOING THIS TONIGHT
YOU'RE PROBABLY GONNA ALERT THE KIKES
I KNOW THIS IS MY RIGHT
HEY JANNY COME ON
I CVCKED YOU ENDLESSLY
WHEN YOU WEREN'T A TRANNY
BUT NOW IT'S TIME TO ROB HEDGE FUNDS WITH MY PHONE
I KNOW THAT I CAN TAKE MUCH MORE
IT AIN'T TOO HIGH
I SEE YOU ON THE TRADING FLOOR
JANNY BUY BUY BUY
BUY BUY
DON'T WANT TO BE A TOOL FOR YOU
JUST ANOTHER GOYIM IN YOUR GAME FOR JEWS
YOU MAY BAN ME BUT IT AIN'T TOO HIGH
JANNY BUY BUY BUY
BUY BUY