[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]

/biz/ - Business & Finance


View post   

File: 933 KB, 1299x587, 48948498487.png [View same] [iqdb] [saucenao] [google]
27436978 No.27436978 [Reply] [Original]

What is the real value of silver if it wasn't manipulated by hundreds of paper contracts and massive institutional short positions, and in a world where fiat is being hyperinflated as we speak so as to make dollar price targets meaningless.

Some speculation:
1 oz of silver = 1 oz of land (conservatively)
1 oz of silver = 10 days of minimum wage labor
1 oz of silver = 10 billable hours for a prostitute

>> No.27437513

1 oz of silver will be worth twenty bucks

>> No.27438491
File: 2.54 MB, 1578x1834, march of dimes math.png [View same] [iqdb] [saucenao] [google]
27438491

>>27436978
1 mercury dime = 1 double up on you. Pic related.

>> No.27438624

>>27437513
nice try kike

>> No.27438747

>>27436978
>1 oz of land (conservatively)
Did you mean to write "1 acre"?

>> No.27438749
File: 67 KB, 1862x211, 4984894849.png [View same] [iqdb] [saucenao] [google]
27438749

1 day of minimum wage = 1 silver dime, pic related

>> No.27438805
File: 157 KB, 516x440, 1611281973157.png [View same] [iqdb] [saucenao] [google]
27438805

>>27438747
I'm going to live stream my suicide...

>> No.27439014

>>27436978
I'm hoping to bring silver:gold back to around 25:1

>> No.27439053

>>27438491
How about this one?
>1964 silver half dollar

>> No.27439138
File: 558 KB, 1746x1704, 20210201_190020.jpg [View same] [iqdb] [saucenao] [google]
27439138

>>27439053
Forgot picture lol

>> No.27439180
File: 374 KB, 900x592, 1612177297581.jpg [View same] [iqdb] [saucenao] [google]
27439180

>>27437513
>This

>> No.27439270
File: 32 KB, 480x360, 9818981998.jpg [View same] [iqdb] [saucenao] [google]
27439270

>>27439180

>> No.27439288

>>27439138
That'll buy you a really nice convertible.

>> No.27439373

1g Silver : 1 XLM
0.1g Gold : 1 XRP

Let's pump it

>> No.27439527
File: 79 KB, 220x123, Ho Hummmm.gif [View same] [iqdb] [saucenao] [google]
27439527

>>27439373
"The price of Nintendo Switches in the city skyrockets. Melvins parents were able to get a few units from Keiths friends, but they had to pay really inflated prices for them, first $1,000, then $2,000, now $3,000. It's nearing Christmas, and every rich parent at the Country Club is desperate for the Nintendo Switch they promised their kids. They can't trust that Melvin will be able to get them one. They all start bidding against each other for Switches. Everybody in town is in on the action now. Everybody wants to get a Nintendo Switch to sell at the country club for $10,000. Meanwhile, Keith and his friends are just hanging out and playing Animal Crossing."
Not-Q

t.me/xrpgeneral

>> No.27439608

>>27438491
Is this really something to people see as desirable?

>> No.27439610

>>27439373
That's an interesting one...I own both of those as well as silver (and HBAR).

>> No.27439686

>>27436978
is it worth buying paper silver stocks right now? shit will rise with all the attention regardless

>> No.27439702
File: 38 KB, 724x477, min4r.png [View same] [iqdb] [saucenao] [google]
27439702

>>27436978

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

1) The average historical daily wage, from Graeco-Roman times to the time of Charles Dickens or Henry Ford (about 1/10th of an ounce) (https://lenpenzo.com/blog/id47735-historical-gold-and-silver-benchmarks-for-job-wages-and-commodity-prices.html);

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.

>> No.27439739
File: 3.38 MB, 400x300, 4756456456.gif [View same] [iqdb] [saucenao] [google]
27439739

>>27439608
No but this is. 1 mercury dime for pic related, GET SOME MERC DIMES WHILE YOU STILL CAN!

>> No.27439908
File: 101 KB, 997x547, bfm3E7B.jpg [View same] [iqdb] [saucenao] [google]
27439908

>>27439686
Check out pic related...the price of physical is going parabolic, but the spot price isn't. That's because the spot silver price is just a paper illusion. The real money is made in owning PHYSICAL silver.

>> No.27439924

>>27439608
The daughter is super hot.
The MILF probably sucks cock like a Hoover vacuum.

Sorry anon, but you are a homosexual.

>> No.27440264

>>27439288
Some guy on /pol/ posted a thread to roll triples for that coin. I won it and gave a 4chan stranger my shipping address.

>> No.27440345

>>27439608
If you don't want your wife and daughter doubling up on a dude like me you need to buy silver, anon. Them's facts.

>> No.27440401

>>27439908
but what if you are banking on it all being a jewish lie

>> No.27440741

>>27439180
Do you have the merchant getting shot GameStop meme? Please

>> No.27440885

>>27440401
This, or at least the (((rent))) was due(read: Jew).

>> No.27441245

>>27440264
I'm sure that'll work out in your favor fren

>> No.27441680

>>27440885
dont get me wrong im not buying shit, this is all way too much fuckery and i am sticking to shit that isnt being touched by it. sounds like a big fat gamble on both sides with kike spruikers standing outside their empty shops shilling their shit over the over shit.

>> No.27442449
File: 531 KB, 769x667, sprott silver.png [View same] [iqdb] [saucenao] [google]
27442449

>>27436978
4 sheep
2 weeks' wages is about 1 gram
no translation to land bc its not something people tend to sell much, only exchange.

in your hypothetical scenario.

>> No.27442787

>>27441245
been years, I moved