/biz/ - Business & Finance

The stories and information posted here are artistic works of fiction and falsehood.
Only a fool would take anything posted here as fact.

About as true as any other post

>>27204677
By definition, any financial system based on usury and debt is a house of cards.

Hahaha yeah right

You can check it yourself. IIRC JP Morgan is fucking ultra-short on silver. Max Keiser has been shouting about this for decades and now people might actually listen.

>>27204677
Nice b8 m8

>>27204677
of course is not true, biz would be fully erect if it was

>>27204677
They took away everyone's Gold in the 30s

>>27205019
>27205019
I thought it was rather obvious, op is a try hard faggot

the size of the silver market.

>>27204677
this>>27204893
but also, the us gov has precedent for just taking people's precious metals when they think they hold too much.

'Hey their fellow edgy anarchists!'

>>27204677

The Jew fears silver, just like vampires do.

And the Jews are in fact the origin of the vampire. When you know that, then vampire movies or anime etc which glorify vampires become a lot less fun.

The idea that vampires can't exist in sunlight, or are somehow harmed by it, comes from Jews being unable to handle truth. The light of truth. They can't stand it. When the people are shown the truth, then the Jews' lies collapse like a house of cards and they lose their power - because all they do is based on lies and deceptions and fraud. So, Truth is deadly to them. And Jews can only thrive in a culture of ignorance (darkness). And they prefer to operate behind the scenes, away from scrutiny. That was even more true in the past hundreds of years ago when the general public were wary of them and didn't tolerate them nearly as much as today. And the blood sucking aspect of vampires is obvious of course, as they drink blood (from baby penises for example), but it also symbolizes their parasitic nature and how they feed off society and weaken it.

>>27205129
Just invest in AG

>>27204677
I guess they shouldn't have done that then. I don't have a lot of money to lose but they do, so they should be worried, not me.

I'm not selling until I see random hedge fund shit heads cry their shit out on live tv

they sure arent complaining about their manipulated diamond market

>>27204677
this is very true.

PULL IT!

>>27204965
Basically this

>>27204677
Is this even a secret at this point? Silver goblins have been shouting this from the rooftops for years.

>>27204677
Sounds exciting

>>27204677
>banks have shorted silver
I still havent found a satisfactory explanation. Why would the banks do this? Did they really have that much silver available to dip the price? Is there ANY proof of this short?

>>27204677
BURN THIS MOTHERFUCKER DOWN

>>27204677
If enough people stand for delivery for these contracts and remove the bars from the COMEX, it can trigger a force majeure, which would finally decouple the price of physical silver from this antiquated market that is only still allowed in order to manipulate the prices down. If you can't stand for delivery of a bar, PSLV will.

>>27204677
LARP by a silver bug

>>27205997
Banks have reserves of gold they wish to remain liquid, so artificially suppress comparable commodities to get the most bang for their buck. Banks suppress the price of silver by issuing IOUs of commodity silver that exceed the amount of silver that exists. This creates the illusion of non-scarcity, thus lower the price. In the mean time the banks are quietly accumulating the discounted (and rare) real silver through shell companies. Note: This is only my interpretation so someone let me know if this is incorrect.

>>27204965
I often wonder if a money system based off of usury is a sin to use.

"lol" said the scorpion, "lmao"

>>27204677
sounds like an angry jealous jew

>>27204677
buy silver anons. Bog confirms.

how is shorting with infinite loss potential still legal? just put collateral and get it liquidated after a certain % like in crypto, like nigger what the fuck are you doing

I hope it's true

>>27204965
not the heckin bankerinos

>>27204677
I actually wonder WTF would legit happen if the madlads squeeze silver, does it only kill America or does it also kills other countries in the process?

Actually curious on a serious topic NGL.

Perth mint still has plenty of silver in stock. Probably not happening, just dumbfucks buying slv or other paper silver

>>27209964
Who cares, as long as it KILLS!!!!!!!!!

>>27207379
This is pretty much right. Why we let them get away with it is the real question.

>>27205113
Divide that by 160 to account for the inflated paper trade

>>27205252
AG? I'm not going to make it am I?

>>27204893
Fpbp

>>27204677
Ask the Hunt brothers how well trying to play against international fraud cartels works.

Silver dealers are all out of stock. The game of musical chairs has stopped playing. It's done. Your chance to accumulate has vanished. Everybody else is buying it all. The run on the bank is here. Any paper profits which you didn't realise into real money will soon be worthless. $1000 silver is imminent.

>>27204677
If this stupid shit is true then there is only one answer:
Good

This whole system is rotten from top to bottom. The only way to renew the republic is to burn the old.

silvertards need to fucking die in a fire they are the more persecuted than the poor Jews always whining about "price suppression" or some shit like anyone is bothering to keep the price down of a commodity like silver

silvertards love to try and gin up a run on physical silver any chance they get, they did it last March

it's all bullshit

>>27204677
this is reverse FUD, written by a boomer rock shill

>>27204677
Yeah! Let's save the economy that reddit can bring down.

>>27211297
>Multiple banks hit by the fed year after year for price manipulation
>"All bullshit"

>>27211163
That's a fucking lie. I can buy any type of physical silver I want. There are currently 3 tons of 1000 oz silver bars easily accesible and for sale right now.

>>27204677
If it is able to be destroyed by the truth, it deserves to be destroyed by the truth.

>>27204677
Replace "Bank whose name I won't disclose" with "Nigerian Prince whose name I won't disclose." That's the level of credibility.

>>27211599

>>27210860
I’m assuming he means the stock (a silver holder). I just go with SLV tho bc I know they’re backed by physical silver, idk if AG is.
Also AG is the periodic abbreviation for silver

>>27207379
>>27210554
So they do fractional reserve banking with silver? Why would they dilute the price of the product their trying to sell though? Is it really worth the risk of people bank runing with silver?
Also is their proof of this? Fractional reserve banking is legal but doing this with silver doesnt sound legal.

>>27204677
100% true, BUY SILVER SHORT BANKS THEN WATCH THEM FALL LIKE RAIN (not financial advice)

>>27204677
I love how people can think this and I say
>Maybe if the system is so easily toppled it's a poorly made system
And their institutionalist brain short circuts because the idea of not sucking establishment cock is new to them.

>>27204677
>>27211709
That being said, I'm not taking the chance. I'll put my GME winnings string into physical silver. Might as well snowball this meme into a Mad Max scenario

>>27204677
Ex fucking
Cellerate

You have to remember that silverfags are the xrp schizos of their domain

>>27211709
He is right on every bank shorting it, if the price goes up they will lose a lot of money

>>27204677
>NOOOOOOOOOO YOU CAN'T JUST PARTICIPATE IN FREE MARKET ECONOMY WE ARE THE CORPORATE PEDO BILLIONAIRE ELITES. YOU WILL DO AS WE SAY AND SUBMIT TO WAGESLAVING AND DUMPING YOUR LIFESAVINGS FOR MEME STOCKS AH YES GOOD GOY

>>27204893

The stories and information posted here are (autistic) works of fiction and falsehood.

>>27211928
NOOOOO GOY U SHOULD BE LIVING IN THE POD!!!!!!!

>>27208945
This realm is the domain of Satan, the god of this world.
If you are a catholic, you are behind enemy lines.

And now is really the time to repent, since the satanists already took control of the Vatican and the end times approaches.

>>27204677
This is what the elites fucking deserve. They took out right to vote took our right to assemble took our right to free speech. Crash it out take the silver take the tendies.

I'm already stocked up on brass, vodka, cigarettes food and water purification I've been waiting for this day since 2017. Let's pull the plug on this bitch I'm ready to fucking die

It's a distraction to get people out of GME. GME destroys the financial system

>>27204965
My man got it in one.
>>27208945
It is, you're engaging in usury just by keeping your money in the bank.

>>27204677
>America will be destroyed

Good, it’s about fucking time

Death to kikemerica

>>27212088
It's not the same money going into it. Focus is important, but this isn't necessarily bad.

>>27209121
You underestimate the deep retardation of demons.
They fear apocalypses because said retardation would be revealed.
Like, say, deeply shorting the same asset, creating a single, easily targeted, point of rupture.

You'd think these infant-eaters would have read the book of their kin, Anti-fragile.

>>27211888
checked, can confirm. there's only so many 10oz silver bars you can buy before you look like a retard for owning a single 5g gold bar.

>>27211731
https://youtu.be/2pIDNcHhhO0

>>27204677
checked. Based. Just bought more silver after reading this post.

>>27211808
>Why would they dilute the price of the product their trying to sell though?
they're not trying to sell they're trying to buy
they sell "paper" silver (a silver IOU) and use that to make silver cheaper so they can buy cheap physical silver

>>27204677
Nah, is just a retard trying to make everyone jump in the silver train.
Currency and precious metal have value only on a capitalist economy. Schizos saying that you should buy metals in case shit hit the fan don understand how useless it is. If shit hits the fan you need land, water and bullets to protect the first 2.
Im no expert, but use your fucking brains.
If you are in a postapocalypse scenario and you have food, someone offers you gold for food, why the fuck would you accept a useless shinny metal?
Land, water, cattle, seeds, bullets and guns. The rest is just talmudic crap.

>>27205113
There is no way retail investors could make a dent on this

>>27211808
They push down the price of physical asset with fake paper
And then stockpile the physical good at the artificially low prices

Basically like imagine you wanted to buy an iPhone on Craigslist so you made a bunch of fake listings for cheap iPhones and then messaged sellers said "look that's what everyone else is charging"

>>27211795
>SLV
that is NOT backed by physical silver. You need PSLV

>>27212600
You are assuming all banks are a monolithic block.
If even one of them get spooked at the prospects of getting GME'd, it'll trigger a chain reaction.

If a bank can save itself by throwing its kin under the bus, even if it'll result in its own demise soon after, it'll do it.

>>27205113
>2014

why do I get the feeling that the global market is so intertwined that if OPs picrel is true that the whole things gonna domino out of control ala like WW1 alliances:
Like one millionaire goes under, who was on the board of some other company, causing that company to go under so then everyone there goes under etc etc

>>27211795

>SLV

>>27204677
Why wouldn't the banks just buy puts on themselves that will moon when their stock goes to zero?

>>27205205
Best post

>>27204677
Holy fucking based
Have about $10k to burn, where buy silver?

>>27208945
its a fallen world, just do your best and do as much harm to the demons as you can, thats the best you can do

>be comex
>see price of silver going up
>print more paper silver and sell to retards for free money
>retards come to collect silver comex doesn’t have, bank gives silver to retard and happily takes IOU
>Miners increase output, matching demand
>Silver inflates infinitely and never goes up in value
>Epic trole

>>27210390
It's not happening. 2-3 million oz of 1000 oz silver bars are available for sale on the market right now.

>>27213006
Very likely. There is still plenty of physical silver on the market

>>27204677
Completely true, assuming central banks and institutions pile on with retail investors.

>>27204677
imo larping retard who wants you to hold his bag or boost his holdings.

>>27205205
this is a based post and anon knows what's up. buy silver but buy physical as the paper market is literally infinite. I mean do you really think JP Morgan et al. has to prove to goys that they hold all the collateral silver they claim they do? they don't and never have

>>27204965
Oy vey goyim!!

>>27206365
look up what happened the last time some retard bought enough contracts and then tried to take physical delivery. short story is he never did get his physical silver

EVERYTHINGS GAMESTOP

THIS IS GAMESTOP

THAT IS GAMESTOP

WOAH CHECK OUT THIS IS THE NEW GAMESTOP THAT WSB IS PUSHING

BUY BUY BUY

>>27213641
bro, all PM shilling anywhere on the internet is driven by dealers, it’s an incredibly exploitative business model, all they do is buy metal and sell it at 20-30% markup to retards using a variety of emotional sales tactics. They’re among the most evil people in finance IMO since they particularly target the fearful and skeptical. All the other shilling is just from delusional bagholders. This stupid short squeeze ploy is just another opportunity to swoop in and scam people, buncha fucking lowlives

>>27204677
even if i wanted to get back at the banks, im not buying silver faggot

>>27204677
I work in a bank as well.

I said day 1 GME can collapse the stock market.
Pumping silver? Absolutely could destroy the investment banks, but they'd simply be pumped by the FED,which would decimate the dollar, thus Hail Mary your crypto wallet.

>>27212586
>Currency and precious metal have value only on a capitalist economy

Name one single economy on Earth that isn't subject to capitalism.

>>27213015
Sounds a lot like 12 U.S. Code §411
>Federal reserve notes shall be redeemed in lawful money on demand at the Treasury Department of the United States.

tfw dollars are the SLV of lawful money!

https://www.law.cornell.edu/uscode/text/12/411

>>27204677
no bank holds a net short position on silver

>>27212830
>>27212975

>>27204677
If your economic system can be collapsed by autists, then it should.

>>27205083
>They took away everyone's Gold in the 30s
They would not have gotten away with it if war was on the brink and a massively popular president. Biden already is on thin ice

debunked by snopes

>>27213370
>~50 billion dollars to collapse the market
If true china would buy all of our silver in a second

>>27204677
Simple. Leave this shithole country. Fuck what america has become. Its fucking israel 2 now.

>>27213207
https://www.youtube.com/watch?v=h0n5NPMcd6U

>>27204677
It's true if it were possible to squeeze something that large. It's not possible though.

>>27211795
>just go with SLV tho bc I know they’re backed by physical silver

Oh God no it's literally just IOU's. Get the fuck out of SLV and put the $ into PSLV.

>>27212088
Checked but GME was the opening salvo. Silver is the real war.

>>27212600
I dunno man, the kvetching is already getting loud and we're just getting started.

>>27214498
Nigger.
After shit hits the fan we will be sll living like those island niggers who killed the preacher just out of the boat. Go try to offer gold to those savages.
Fucking kike, kys

>>27211795
If a silver squeeze works even 1%, the people holding silver are the bagholders. Fucking over paper silver is half of the game.

>>27215348
*the people holding paper silver, like SLV

Decentralize the planet. Fuck the banks. You don't own your account anyway. You can do a lot with defi right now in your pajamas.

>>27205205
Based and Dracula-pilled. Watch the original Nosferatu from 1922, he is wearing a giant Star of David kek. People in the past knew the kikes for the subhuman monsters they are.

>>27211808
>So they do fractional reserve banking with silver?
Correct
>Why would they dilute the price of the product they're trying to sell though?
What the banks are selling (the paper silver commodity) are a fabrication, they are worthless. The only purpose is to drag down the value of real silver so the banks can accumulate. In the end the banks will not honor contracts for physical silver but instead have clauses where they can pay you a fixed cash amount, while they retain the physical reserves.
>Fractional reserve banking is legal but doing this with silver doesnt sound legal.
Its legal because the government is not only in on it, but likely orchestrating it. The USD is the global standard because of the United State's stability; the government is accumulating hard strategic assets through the banks because it anticipates real or percieved instability in the future.

Here's a discussion on the Bloomberg article.
https://tavex.fi/en/the-paper-silver-market-is-250-times-the-size-of-the-physical-silver-market/

(Pic related) The historic exchange silver/gold was 15/1, at the current prices it is around 70/1. Gold is overvalued 400% to 500% relative to silver. If you adjust the gold price ($1800) accordingly by dividing by 4 and 5, you get a price per ounce $360-$450 range. If you reference the chart 1990-2006 average falls perfectly within this anticipated range. After 2006 is complete manipulation of the commodity markets resulting in absurd overvalue of gold thus undervalue of silver.

>>27204965

>>27205083
*everyone who was dumb enough to voluntarily surrender it* They didn't go door to door confiscating it.

>>27204965

>>27205083
that's not even true they let people keep $100 in face value per person and any numismatic coins were exempt. fact is most people couldn't afford to keep any and never really saw gold coins anyways

>>27204677
haha silver shiny me like

>>27204677
That’s anti-semitic.

>>27212586
That may be true for a few months in an apocalyptic situation, but after the dust settles down commerce will resume it's literally what makes society. Gold and silver are an instantly recognizable medium for exchange, their value may be dramatically more or less than what they are now, but it will be accepted because you know someone else will accept it when they have something you want.

>>27205332
Didn’t some dude an hero on a live news show once?

>>27209964
Always keep in mind that if America dies the world does too

>>27204952
yeah id say so too ngl

>>27213017
let's say that they do, put's have limited upside profits, you can't take a stock negative like a commodity. So they could theoretically reduce the damage, but it would be a drop in the bucket compared to the "infinite" loss on silver going parabolic.

>>27213184
Local coin shop.

>>27204677
Probably not true at all.
Most likely just a bag holder using reverse psychology to get angsty-teenage rebels to long their investments.

>>27216080
$100 FV is 5 fucking ounces of gold, that's nothing. If they did the same thing today then everyone in this thread would be breaking the law.

>>27208945
its not the worst thing you could do, I guess as long as you're not too greedy and using the money to help people and your family and yourself and not out causing people great grief.
Its very hard to escaoe the financial system

>>27204677
>NOOOOOO ONLY WE CAN SCAM PEOPLE IF YOU DO THIS OUR SCAM WILL COLLAPSE NOOOOOOOOO
We're crashing your economy with no survivors.

>>27204677

>the banks entered positions with theoretically infinite possible risk
look, I'm an idiot. I just woke up for the day. Why would any institution put anything but speculative funds (read as: not that large) into a place where it could theoretically fuck them over with volatility?

>>27214680
>debunked by (((snopes)))
FTFY

>>27212804
Question, what the fuck are people buying if these ETFs for the precious metals aren't backed by actual precious metals?

>>27219143
>Rebunks themselves by a factor of 12
wew, lad

>>27212830
Look at the market cap of GME and try to compare.

>>27204677
They could just mine more.

>>27205205
>>27215664
been watching the original nosferatu on youtube, not a bad way to spend my evening. Look at the nose on that beast!

>>27204677
>dont think we wont take away your silver
youll have to literally break down my door to do that and if you dont realize why thats a bad idea I dont know what to tell you

>>27204677
Its not true at all, paper silver etfs can liquidate you in fiat even if you have the required shares to demand physical delivery. Do some DD.

>>27204677
go back