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/biz/ - Business & Finance

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27259846 No.27259846 [Reply] [Original]

All silver is sold out at anywhere near spot price. On eBay physical silver is going for a $5 premium.

Could sliver go to 100? Why does silver always seem to go to 50 when it spikes then trend back down pretty quick. I have heard that once silver hits the 40ish dollar mark there is almost unlimited to mine and make a profit at that price so it can't go too much above that and hold.

What does /biz/ think is the realistic trajectory of silver over the next few months

>> No.27260302
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27260302

nobody is short silver, there can't be a short squeeze like with GME

>> No.27260551

>>27259846
HI CITADEL!!

>> No.27260590
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27260590

>>27259846

>Could sliver go to 100?

What do you mean by silver? One tenth of an ounce? If so, that's pretty conservative.

>> No.27260815
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27260815

>>27260551
When is the GME squeeze going to happen? Wasn't it supposed to be Friday? I think all the hedgies did everything they needed to do during the manufactured Robin Hood lockdown panic and now they're counting their money laughing down at everyone while they are scratching at their heads wondering why the squeeze pump didn't happen yet.

Good luck.

>> No.27260920
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27260920

there is too much sliver in the world to have it really increase in current value by multiples and stay there

>> No.27261111

Silver smells like a scam, I'm staying away. Also reminder: if you're bot buying physical: you don't own it

>> No.27261342

>>27260920
How much silver is actual in existence vs non-existence paper slips and crazy derivatives

>> No.27261969

>>27261342
>How much silver is actual in existence vs non-existence paper slips and crazy derivatives
all of it, it's an element on the periodic table.

save any used in spacecraft ;)

>> No.27262155

>>27260920
There is a lot less silver than you think. The yearly production is used up in industry and mining more silver isn't that possible because silver doesn't really come in just big chunks anymore.

>> No.27262429

>>27261111
>>27260302
How is silver a scam? You guys are retarded...it’s only a scam that they can print up fake paper silver certificates and bullshit their numbers to suppress the price. Once the Scam paper silver market collapses the actually price of physics silver will skyrocket:

>> No.27262528

>>27259846
I bought 20 Oz plus a bunch of comemorative coins just in case this works. I don't want to be priced out of my hobby.

>> No.27262580

>>27262429
google JPM silver

>> No.27262859

>>27262155
but there is a lot of it waiting to be mined if its worth a little more per oz

>> No.27262968

>>27262528
today?

>> No.27263434
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27263434

I went down to 11 dollars total in my bank account until payday. I bought the GoldenStateMint 10oz Jesus Clears the Temple. 2x 2014 ASE's off ebay, and 2x 2oz White Horse of Hanover coins biz reccomended last night.
GSM website is currently down. Every site has warning banners about demand. The White horse coins are sold out.

>> No.27264195

>>27262968
Last night, everything's sold out now from the looks of it

>> No.27264526

>>27263434
You know a good eBay vendor?
Or a place to get ASE’s or any reputable one ounce coins?

>> No.27264605

>>27260920
>t. Retard

>> No.27264890

>>27264526
Pinehurst coins, my uncle buys from them in person.

>> No.27265900
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27265900

>>27259846
Fuck off citadel. I'm not giving you money.

>> No.27265985

>>27259846
What the fuck is happening? My shops upped prices like crazy and the market is closed.

>> No.27266048

>>27260815
Lmao. Yeah sadly it hasn't dawned on them yet. The hedges got all the liquidity they needed on the last dump to reposition themselves.
Eh. Let them learn the hard way.

>> No.27266464

>>27265985
>>27265900
>citadel

>> No.27266534

>>27260551
Citadel owns slv... not actual silver

>> No.27266675

>>27259846
At the markup that's happening, and will be happening, you're retarded to not just get silver at actual spot price with PSLV.
>but I don't get to hold my precious bars
Whatever.

>> No.27266864

>>27260920
paper silver speculation to ACTUAL PHYSICAL silver is 183:1

The actual REAL market cap of silver is 183 times less than what is claimed

>> No.27267043

>>27266864
no 40% of all silver mined every year is used in industry (such as making solar panels)

and they could buy all they want at $20 an ounce till recently

>> No.27267514

>>27264890
Uncirc 2021 eagles are 40 bucks rn from them on ebay

>> No.27267560

https://store.firstmajestic.com/

>> No.27267569

>>27264890
Ok they have 2021 ASE’s for sale I thought those aren’t out yet so how?

>> No.27267600
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27267600

>>27259846
I'll sell my silver bars for a pair of big fat khazar milkies
Your move, wallstreet

>> No.27267873
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27267873

>>27267600
>selling whole bars for kiketits
>not waiting until the price normalizes to buy women for Mercury dimes
yngmi

>> No.27267886
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27267886

>2000 oz

Will I make it?