/biz/ - Business & Finance

>>27335856
jews

>>27335856
We arent your personal analysts. Go fuck youself and miss out again. Let me guess, you're balding?

>>27335962
fpbp

>>27335856
You gotta heat it up first

>>27335856
Its not, you're being manipulated into buying it so someone can sell it.

For those new to silver:

The bankers use a derivatives market called the COMEX to manipulate the price of silver. 500 digital ounces of silver are traded back and forth for every real ounce held in the vaults. Equivalent to fractional reserve banking. The banks heavily short silver there. So much so that they would go bankrupt if the physical was taken delivery of. The regulators said when first setting up silver-trading on the COMEX in the 70s that the purpose was to scare off the average investor with suppression and volatility. Don’t let them beat you. Adjusted for inflation, silver should be $966 (ShadowStats).

Learn about suppression from

Bart Chilton's death-bed confession to Chris Marcus (Chilton was commissioner at the CFTC)

https://www.youtube.com/watch?v=ShZrgZEq1Yo

Eric Sprott's friend Craig Hemke

https://www.youtube.com/watch?v=9EOPKizJ_Y4

Andrew Maguire, a famous whistleblower

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

Rob Kientz, an auditor

https://www.youtube.com/watch?v=KyAopYlD32k

See also JP Morgan's 1-billion-dollar fine which they recently paid.

This article about the Hunt Brothers, "Hunt for Silver," is also a must-read: https://s3.amazonaws.com/camppictures/CampArchive/Economy/Hunt%20For%20Silver.pdf They were cheated by the bankers just like the GME short-squeezers today.

If you buy silver, only buy either physical coins or if you do go with ETFs, PSLV. DO NOT buy SLV.

PSLV: Run by billionaire silver-bull and banker-killer Eric Sprott, fully audited and backed, with a delivery mechanism at 10,000 ounces for anybody

SLV: No proven metal, run by JP Morgan, only a few big banks have access, delivery for 500,000 ounces only, can pay you out in cash in case of a default

If you can't buy PSLV (just now banned on Robinhood) then buy AG, First Majestic Silver. It's the next GME. Support the squeeze on this company which has a 30% short-float. The bankers are trying to punish CEO Keith Neumeyer, who is refusing to supply the COMEX.

>>27336231

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

1) The average historical wage, from Graeco-Roman times to the time of Charles Dickens or Henry Ford (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.

>>27336365
then spend all your fucking savings on it, retard. if you find out a way to transmute your shitty rocks to food lmk.

>>27336093

I have 700oz, but considering buying more.

>>27336425

>then spend all your fucking savings on it,

Silver is savings. I'm sorry that you didn't get any in time.

>>27335856
The idea is that there is a lot more paper contracts for silver than physical silver to back it up. If enough physical silver is removed from the market, the people doing trades in the paper market will face a squeeze and will then have to buy up physical silver on the real market or essentially default. If they default, that will cause a massive run on silver because SLV, COMEX and other paper based market entities will get replaced by physical, which is already in a squeeze. It’s a feedback loop, like a short squeeze but not quite.

There is also just banks like Goldman Sachs I believe that have normal shorts on silver that would get squeezed in the process but the real ‘collapse’ scenario is if the paper market gets obliterated because that could end fiat in general. Shifters getting squeezed at most just gets a recession. Paper trading getting exposed for a fraud causing a run on fiat in general is the world getting reborn.

>>27335856
https://youtu.be/NRAqmYuZht8
cartoon for easy viewing

>>27336231
>>27336365

thanks for the info anon!

It's not. It doesn't matter for the markets/prices if you trade an asset or its derivatives.

All a futures contract does is make the underlying easier to trade. It doesn't change supply of the underlying. If anything, the existence of derivatives manipulates the silver price up, because it invites more market participants.

>>27335856
Its manipulated in the sense that they coordinate campaigns telling everyone a "silver short squeeze" is coming and then lie and say that "redditors are piling on" to get the price up so that Citadel who has a massive stake in SLV and also Melvin Capital can dump on you.

>>27336951
>SLV
lurk more kike shill

>>27336200
Literally nobody holding physical silver is selling anytime soon
EVERYBODY knows fiat is fubar

>>27336365
>historical wage was 1/10th ozt
daily, weekly,...? What time frame?

>>27337031
Still waiting for evidence that redditors just cannot stop buying silver and are ready to pull the trigger on JP Morgan, because I haven't seen any yet.

>>27336435
You have 700oz and you don't understand? Do you just collect nice looking coins or what? Because you're gonna make it

>>27337073

1/10th of an ounce a day. See https://lenpenzo.com/blog/id47735-historical-gold-and-silver-benchmarks-for-job-wages-and-commodity-prices.html

>>27336798

You're welcome.

>>27337157

I understand why silver is valuable and useful, but not how exactly it's manipulated. I'm starting to now tho thanks to anon above.

>>27336425
50% of my portfolio is physical silver.

>>27335856
How do you buy phisical silver?
Like you go to a pawn shop or what?

>>27337430
Silver & gold dealers, just make sure you don't overpay on premiums. Also check if your country puts VAT on silver coins. If they do, then you're fucked

>>27337430
There bullion dealers for nice silver eagles and rounds/bars from other countries. You could go to a pawn shop/coin dealer and pick up “junk” silver, which is old circulated silver coinage pre 1964.

>>27336131
Underrated

>>27337300

These are the short positions of the big 8 banks on the COMEX if you wanted objective data.

>>27337581
Also if you can’t get any of that, look at garage sales for silver silverware and other kitchen utensils that could be scraped and melted down.

>>27337300
>>27337643

It's like GME except a thousand times worse. GME was 150% short, silver is 50,000% short. Which means that the squeeze will be a thousand times more damaging for the banks and so much more profitable for silver-buyers.

>>27337430

goldsilver.com and the Perth Mint is where I have mine.

>>27337430
Sdbullion.com is a reputable website that isn't requiring any minimums for orders while others are asking minimum $2000 orders. But it's rapidly running out of the 1oz coins.

>>27337821
>>27337497
So you buy an actual phisical silver bar and keep it at home? Not just a number on a screen? Then how do you resell that?

>>27338551
The places where you physically buy it, will also buy-back from you generally. Or you can sell it privately if you don't think you're going to get stabbed

>>27338551

I have some at home, but most are in the goldsilver.com and Perth Mint vaults. I. pay 1% annual fee to keep it there, and I can easily sell back to them if they want.

>>27338551
Dealers in my city. Some operate 24/7. It couldn't be easier really.

>>27336131
Underrated post

>>27336365
>The average historical wage, from Graeco-Roman times

And other anons still talking about Game Stop. Buy Pokemon Silver. On Gamestop

>>27335856
https://wendys-careers.com/?utm_source=Google&utm_medium=CPC&utm_campaign=Wendy%27s%202021%20-%20Major%20Markets-Branded%20Terms%20%26%20Competitors&utm_content=crew%20members%20needed&gclid=Cj0KCQiA6t6ABhDMARIsAONIYywJ-zgSdbaTVI3nOKokBzKNQXtqrhk5YyppDgL_mIpphgSAr3Z4cWMaAi5GEALw_wcB
here you go hedgie

>>27337727
So is slv and ag a safe hold through this?

>>27337727
This.
We are invading their fort.

The battlefront front is GME.
Never sell it. They will try and convince you they are out whilst they double-down again & again. Never sell. They think they can outlast retarded retail memes. Never sell it. Hold this line.

Physical Silver is the flank.
They won't talk about this in the media. They won't want attention, memes and retards jumping on this train. It's their weakest point.

Adopting decentralised crypto, DeFi, is the supply line kill-shot.
Use this to transfer your wealth and trade. Step out their system for daily needs whilst holding their GME to ransom and throttling with Silver.

They bleed out.

>>27336231
Bots asking questions, Bots answering. It is like wiki pedia, but they decide the subject.

>>27336435
I only have half that.... not enough

>>27339803

if you have 60oz then you're in the top 1% of silver holders... so you'll be better off than 99% of normans.

>>27335856
If silver is made you have the physical bar and they make a paper contract that relates to the bar. What we have now is a situation the paper is traded without checking if the bar is still available.

>>27339933
What about 28 oz.? Just started literally 2 weeks ago before this GME shit started hah

> Needless to say the Silver market/participants are not the same as a GME/AMC. Can't believe it needs to be pointed out.
The words of a wiser man than you.

>>27340075
A paper contract that relates to a bar is meaningless. It's a piece of paper with ink on it.

>>27336535
>>27336365

you contradict yourself
how tf is it late to get in now at 27$ when you say it should be 1000$?

silver Is the same value around the globe right so if ima pajeet i should buy it as global demand would increase abd once us runs out of its reserve they will have to import it ?

>>27335856
it's a scam to make rednecks waste their money on this instead of gamestop

>>27339658
It just gets tiring explaining the same story and typing it over, and over and over.

>>27342240
It's not too late.

>>27335856
It's an autism market for people who like to feel coins in their mouth. It just so happens to have been hijacked by hedge funders trying to syphon retail money away from GME and into BS shorts like AMC, BB, NOK, BBBY and now Silver.

Buying precious metals is ok for a rainy day but there is not enough capitol in retail to short a commodity whose largest holder is literally the people these faggots are trying to short, AKA JP Morgan.

>>27342703
Ok but JP doesn’t own any actual silver. You’d know this if you were paying attention. Try to take delivery, go ahead

I have 2 BTC and 200oz of silverinos. I'm good right?

>>27342848
Everyone's lying, you've figured out the secret, 2 more weeks.

>>27342357
I mean it just seems oddly timed of all the moments NOW is when we should be fomoing into silver? Are the shortages going anywhere? Is J.P. Morgan going to suddenly lift 3 trillion in silver from the earth in a weeks time? What’s their play?

>>27342954
Yeah you're good because you have 2 btc. You might as well throw that silver in the trash though, it's just a paperweight.

they keep the price down so cell phones and other electronics don't cost 10 times more than they do now.

Physical silver in the COMEX vault eligible for delivery is dwarfed by the amount of contracts for delivery circulating. The ratio of contracts to actual physical is something mad, like 190:1ish. The rest of those contracts are used only to speculate and manipulate. To scale, for oil the ratio is something like 13:1, which is still considered "huge". Originally that ratio was supposed to be 2:1 and the extra contracts to only be used for hedging by producers.

Now if enough people demand to get their physical silver, instead of rolling contracts over to the next month because speculating hedgie jews, the bullion banks simply cannot deliver. That's where the short squeeze lies. This can break the CRIMEX and significantly hurt the big bullion banks.

As to why the price is being manipulated, it is in the establishment's interests to keep gold and silver prices down, because their price exploding would expose the understated inflation and all sorts of fuckery they've been doing to stay in power.

Evidence of manipulation:
https://www.cbc.ca/news/business/scotiabank-spoofing-fine-1.5692117
https://www.reuters.com/article/jp-morgan-spoofing-penalty/jpmorgan-to-pay-920-million-for-manipulating-precious-metals-treasury-market-idINKBN26K325
And there was a third one too, but I can't remember the name.And yes I did pull the ratio numbers out my ass so go fuck yourself.

>>27336425
>shynee woks

why are zoomer like this? you fuckers sound like fedora tipping atheist “oh I believe in the flying spaghetti monster” stay poor faggot.

>>27336365
>rarity

>>27339557
Well said

>>27343511
Anyone who buys into the silver meme is just waiting to get hurt. There's a reason why only nuts like Alex Jones shill silver.

Great, you bought silver. Who's going to buy it from you when you need the money? No one cuz there's billions of tonnes of silver still in the ground just waiting to be mined.

>>27343062
also consider how this silver shit took off? literally from nowhere just twitter spamming, there was no reddit community figuring it out instead just spam out of nowhere

>>27343028
t. JP

>>27344653
That’s like saying “why buy Bitcoin when the block chain keeps extending forever”

>>27345216
what? I'm saying this whole thing started very suspiciously because it didn't come from a community that could actually hold discussions on it

>>27345216
>>27344562

Red pill me on AG stock

>>27335856
70 paper exists for every 1 physical ounce iirc.

BUY/REDEEM PHYSICAL SILVER

>>27339393

PSLV and AG, never SLV. SLV is a scam.

>>27343511

Most of that silver would require an exponentially higher price to be profitable to mine. By the time you get to that silver price it's too late, the shorts are bankrupt.

>>27336093
id take a broke nigga like you over someone like op any day of the week

>>27345832

>Red pill me on AG stock

The CEO Keith Neumeyer is a principled man and is refusing to supply the COMEX.

https://www.youtube.com/watch?v=mmOkpRYjIc8

The banks have shorted 30% of his float as punishment, which is the same short-float that Volkswagon had before it did picture related.

I've followed silver for years, i bought 7kg last year at the literal bottom (about 15 USD) and put it in a safe. This is just another pump and dump and you're all getting wiped out.

>>27342848
Do you have proof? Every place I've looked accepts JPM acceptance of silver deliveries as fact. If JPM really was manipulating silver prices they would need to control the actual supply to successfully do so.

>>27346608
https://www.cnbc.com/2020/09/29/jp-morgan-settles-spoofing-lawsuit-alleging-fraud-in-metals-trades.html

>>27335856
Anyone have an opinion on 3SIL? No AG on IG.com

>>27346080
Thanks for responding

>>27346218
Tell me more how my physical silver gets wiped out

>>27346866

It doesn't, i bought it to hedge against inflation nothing more. PM's aren't speculative assets but if you're gonna treat them as such you'll get raped trust me.

silvergoldbull is sold out of everything now, I ordered 50ox over the weekend, was going to get even more...

>>27346991
So did I. I didn't buy to sell any time soon.

If I buy physical silver, how do I go about selling it when I am done?

So do i buy physical silver or PSLV or AG? I’m a noob

>>27343511
>>27344562
>>27345985
I work in mining, it takes over a decade to plan, permit, and build a new mine. Even increasing production at existing mines takes years not days.

t. AA

>>27335856
as simply as possible: they sell futures contracts which they know they will settle in cash to artificially increase the supply of silver

>>27346639
That's trade spoofing, where the traders placed bluff bids because front running HFT bots were extremely annoying and bluff bids trick the bots into moving in the direction the traders actually want. That has nothing to do with the actual fraud being claimed, that JPM has no physical silver.

I see this has yet to be posted.

Yes, become a silverback today faggot

>>27344562

Are you gonna be doing the mining? Do you know who mines it, how, and when? Do you know how long a mine takes to set up? This is unironically the peak for gme based on your dumbass comment.

https://www.youtube.com/watch?v=gh_A5aJKzcI&feature=youtu.be

>>27340405
You are better than 90% of people. Normies don't stack silver. Some true libertarians do, but that's about it. Try not to get shafted by premiums and keep stacking. The silver battle hasn't started yet and the market it massive. The kikes will try to keep the price of silver low like they have for the last 80 years, so you will have plenty of chance to get cheapies.

>>27335856
Basically, the silver on paper isn't backed by actual silver The ratio is like 1000:1, depending on how you look at it.

It's the same for gold with all the swaps and carry trade, but there a single short squeeze is not as pending as the one in silver in May.

>>27335962
OYY VEYYY

Citadel shills want you to buy silver, don't fall for the trap

>>27335856
Buy silver at it's real price of 20$

>>27349964
JEWS DONT WANT YOU TO BUY SILVER CITIDEL WANTS YOU TO BUY SVL GO BACK TO WSB TOURIST NIGGER

>>27337430
Bought all my physical Silver from APMEX.
Just picked up two more 10oz secondary bars the other day. They ship quick.

how much silver is enough to make it ?

>>27335962
Unironically Jews

Massive paper market inflated way beyond all the silver in existence used to keep the price down. Basically just buy silver until there is none left for the COMEX orders to settle then they will be forced to settle the debt in dollars instead of silver and it all implodes.

Price to 1000$ or at least 250$ bare minimum, basic rundown but ya I normally wouldn't trust boomer rocks. There does seem to be a happening this time, buy physical not paper to make it shit the bed.

>>27336131
I keep stacking throughout the week as it gains traction. Keep pumping it and I might keep buying more with muh shitcoin bags.

>>27335856
I have a few small boxes of silver coins. Is now a good time to exchange them? Is the melt value affected by the silver short?

>>27339393
You dumb fuck you have to buy all the physical silver to screw with the delivery on paper contracts forcing them to settle in dollars.

shillver

>>27335856
Picture it like your classic shitcoin. It's premined and institutions own everything. Now they create FOMO and dump it on new investors. They'll use their gains to pay off GME or at the very least drag the whole thing out and demoralize everyone. This is a battlefield. GME is our ammunition, Silver is theirs. Whoever holds stronger wins. They NEED to buy GME while they can only manipulate us to buy Silver. But they have media, bots, glowniggers, psyops and all kinds of demoralization tactics on their side.
If you know what you're doing: Short silver at critical psychological walls like 30, 35, 40 etc
Especially shorts at 50 will pay off put a lot of pressure there, close the shorts on dips, repeat

If you don't know what you're doing: HOLD GME MOTHERFUCKER
NEVER FUCKING SELL

>>27336951
>massive stake in slv
found the retard

it looks like jp morgan is long silver though, which sucks. I wanted to kill all the banks, not just most of them.

>>27352651
>found the retard
Found the retard

>>27344562
>Great, you bought silver. Who's going to buy it from you when you need the money?
It's precious metal

>>27356335
And? You think your vendor is gonna take it from you in the apocalypse?
During a true collapse of Fiat the things that have most worth are things with immediate use cases. Cigarettes. Food. Gasoline. Nobody is gonna take silver

>>27355130
who's buying SLV? not us

>>27356811
That’s true for the average person but the wealthy and the corporations aren’t going to be bartering with chickens and gasoline

>>27344562
>Great, you bought silver. Who's going to buy it from you when you need the money? No one cuz there's billions of tonnes of silver still in the ground just waiting to be mined.

And the Banks can't just print paper money & new stocks?
I think it takes way longer to mine that silver than creating new stocks & money

SILVER BULLET KILLS GLOBOHOMO TECHNOCRACY!

1) Faggots just buy physical silver or gold and HODL. Silver is KEPT cheap for a reason! It is the critical raw material for GLOBOHOMO'S planned post COVID technocracy.

2) without cheap silver they cannot manufacture dirt cheap smart phones or mobile tablets, PCs, gaming consoles ..the instruments of digital slavery for the new COVID technocracy artel and of course shitty SOLAR PANELS because muh global warming!

3) When silver physically becomes hard to source a global panic will ensue and it will be worldwide because ASIANs historically hoard silver and the genie cannot be put back in the bottle!

4) GLOBOHOMO CARTEL'S solar, smartphone 5g electronic goods manufacturing costs will skyrocket and 5g slavery will be impossible to enforce because they need to produce billions of devices all dependent on low cost silver!

5) Rising silver prices = loss of faith in the us dollar fiat banking system and there will be a feedback loop that can only be stopped if massive silver is released on to the market which does not exist!

we can do this 4chan...just buy a few physical ounces of silver and may be gold if you can afford it and HODL! Once millions of plebs buy a few ounces...nothing can stop the avalanche that will follow! asian economies (india china) will be the first to panic and it will be glorious!

Banksters will end up having to literally kill themselves! the globohomo technocracy will collapse even before it takes off!

cheap silver = cheap devices = perpetual covid lockdowns and digital slavery!!!

if 4chan successfully memes a global run on silver it will be the most epic troll for the ages.

>>27356811
I can roll my own cigarettes

>>27357001
Someone is
Meanwhile GME tanks

I swear if you dumb motherfuckers fuck this up I'm going in a killing spree

>>27344562
If the use case require greatest nation on earth to capitulate, you do the math. They can't even elect an orange man to the 2nd term.
Also physical objects won't have enough velocity to do any real damage to the (((system))). The bag will be fucking heavy but at least they are shiny.

>>27335856
Meet the Bogdanoff brothers. Quick rundown on them:

>rothschilds bow to the Bogdanoffs
>in contact with aliens
>rumoured to possess psychic abilities
>control france with an iron fist
>own castles and banks all over the world
>direct descendants of the ancient royal blood line
>will bankroll the first cities on Mars (Bogdangrad will be be the first city)
>own basically every DNA editing research facility on Earth
>first designer babies will be Bogdanoff Babies
>both brothers said to have 200+ IQ
>ancient Indian scriptures tell of two angels who will descend upon the Earth and will bring an era of enlightenment and unprecedented technological progress with them
>They own Nanobot R&D labs around the world
>You likely have Bogdabots inside you right now
>The Bogdanoffs are in regular communication with the Archangels Michael and Gabriel, forwarding the word of God to the Orthodox Church
>They learned fluent French in under a week
>Nation states entrust their gold reserves with the twins. There's no gold in Ft. Knox, only Ft. Bogdanoff
>The twins are 67 years old, from the space-time reference point of the base human.
>In reality, they are timeless beings existing in all points of time and space from the Bog bang to the end of the universe
>The Bogdanoffs will guide humanity into a new age of wisdom, peace and love

>>27336231
>>27336365
I am not a retard and this.

>Save this.
>Save it as your desktop wallpaper.
>Make a folder called "The only advice I'll ever need" and put it in there.
>Tattoo the file pathway on your forehead.
>Delete all your other folders including system 32. They are no longer relevant.

Stax are new stonks.

>>27357284
how could have predicted that the absolute memestock collapses?

>>27357932
You're the first on my list kike

>>27335856
I’m not legally allowed to give advise sorry

>>27336425
i have food. im gonna buy your mom and treat her nicer than you do

>>27335856
As simply as possible: (((they))) create fake shares which increases the supply (on paper) which lowers the demand.

>>27359434
kek reddit fag seething

>>27336889
Not when there are more derivatives than real supply.

>>27355130
They are literally confused
This has to be the collective work of apalling poorly programmed bots. They have confused themselves as to what they are anti-shilling/disparaging.
Reddit is a production factory of bots, you can see them from a mile away especially when they are placed in subreddits that could actually do some fucking damage to the companies manipulating the markets that we live under and feel consequences in a much more direct manner.

>>27335962
/thread

>>27336200
Yeah, nah. I know several skitzos who will never sell their silver and they keep buying.

>>27335856
Can I get it (XAG) or it's a scam and I should stick to mining stocks?

>>27336200
silver stackers literally never sell

>>27336231
>Punished Silver Keith Neumeyer

Don't buy physical silver, it's controlled by (((them))). Buy digital silver, fren.

>>27349964
Silver and SLV aren't the same

>>27366066
retarded take

>>27342285
Yes, buy physical.

I'm long on silver but one interesting thing:
massive media coverage.
why?

>>27368609
Because they're crashing this plane with no survivors.

>>27368609
they want you to buy silver
lol