/biz/ - Business & Finance

The ask gapped up to dump on reddit and now it's being sold off to take profits. It will dip when reddit realizes they were retarded and sells, that's when you get back into it

we went from
>THIS IS IT!!!!! WE'RE STICKING IT TO WALL STREET
to the biggest loss for retail traders in a very long time.

>>27499370
Yea now you understand why this board is normally 90% crypto. Old markets are fully under control

I CAST YOU OUT!
https://m.youtube.com/watch?v=iQExgALv9wI

>>27499638
This. It’s the NAME of the game (jewish!)

>>27499841
Fed will either print too many dollars or interest rates will rise eventually.

PM-backed crypto will be the future.

>>27499370
I used to believe you sell the news because by the time the news gets to you, it's too late. Now I know you sell the news because Jews are purposely trying to rob you at every turn.

>>27499370
I've been putting 0.5% of my income since I started working into Silver and Gold. I have been working for 8 years. Don't care.

>>27499370

Newcomers need to be taught not to pay any attention the silver price on Kitco.com, goldprice.org, etc. It's derived from the COMEX, which is simply a paper derivatives market. In Chris Marcus's book "The Big Silver Short" the industry insiders whom he interviewed estimate that there are about 500 fake "paper" "digital" silver ounces for every real physical ounce in existence. The banks therefore are all extremely short silver (picture related is the latest COT data), up to 50,000% short. They would collapse if there was a run on physical. All they can do in the mean-time is keep shorting the paper price more and more until the ponzi scheme collapses, because they are backed into a corner from which there is no escape. The average historical daily wage in silver from the age of Pericles to that of Dickens or Henry Ford was about 1/10th of an ounce (https://lenpenzo.com/blog/id47735-historical-gold-and-silver-benchmarks-for-job-wages-and-commodity-prices.html)), so the fact that, on a historical basis, silver ought to be at least $1000 an ounce today (40x higher) is clear proof of hyper-predatory shorting. In fact silver has nearly been wiped out of existence because of it, which is probably one reason why the oligarchs started the Great Reset now, because they knew that the world was about to collapse into a new Dark Age from lack of silver. The market cap of investable silver is probably only a few tens of billions, simply keep buying physical and hold.

>>27499370

Newcomers need to be taught not to pay any attention to the silver price on Kitco.com, goldprice.org, etc. It's derived from a place called the COMEX, which is simply a paper derivatives market. In Chris Marcus's book "The Big Silver Short" the industry insiders whom he interviewed estimate that there are about 500 fake "paper" "digital" silver ounces for every real physical ounce in existence. The banks therefore are all extremely short silver (picture related is the latest COT data), up to 50,000% short. They would collapse if there was a run on physical. All they can do in the mean-time is keep shorting the paper price more and more until the ponzi scheme collapses, because they are backed into a corner from which there is no escape. The average historical daily wage in silver from the age of Pericles to that of Dickens or Henry Ford was about 1/10th of an ounce (https://lenpenzo.com/blog/id47735-historical-gold-and-silver-benchmarks-for-job-wages-and-commodity-prices.html)), so the fact that, on a historical basis, silver ought to be at least $1000 an ounce today (40x higher) is clear proof of hyper-predatory shorting. In fact silver has nearly been wiped out of existence because of it, which is probably one reason why the oligarchs started the Great Reset now, because they knew that the world was about to collapse into a new Dark Age from lack of silver. The market cap of investable silver is probably only a few tens of billions, simply keep buying physical and hold.

>>27499370
They think it’s a blow???? It’s a chance to buy cheaper

>>27500424
>It’s a chance to buy cheaper
You can't though, there's none available, and what you can find has huge markups. This doesn't sound like a market that should be declining.

>>27499638
>Lack of demand.
You're gambling on something whose value goes down WHEN WE REMOVE MORE FROM THE GROUND. Your only chance is if some regulatory body prohibits further sales and distribution like with OIL but that never happened here and there's still plenty silver in the ground and in JP Morgan's vaults.

>>27500564
I missed where they mined millions of tons yesterday?

Stop buying filthy goyim, you are OUR cattle, we WILL naked short as much as necessary, and you WILL be happy with nothing

>>27499737
idk I made $2k and I go to watch rich jews literally crying on TV about anudda shoah

>>27499370
i just short everything blatantly shilled by ((msm))
made my money on xagusd

>>27500520
Welcome to jew manipulation aka the silver paper market rookie

>>27499370

Newcomers need to be taught not to pay any attention to the silver price on Kitco.com, goldprice.org, etc. It's taken from a place called the COMEX, which is simply a paper derivatives market. In Chris Marcus's book "The Big Silver Short" the industry insiders whom he interviewed estimate that there are about 500 fake "paper" "digital" silver ounces for every real physical ounce in existence. The banks therefore are all extremely short silver (picture related is the latest COT data), up to 50,000% short. Compare this with the 150% short-float of GME. They would collapse if there was a run on physical. All they can do in the mean-time is keep shorting the paper price more and more until the ponzi scheme collapses, because they are backed into a corner from which there is no escape. The average historical daily wage in silver from the age of Pericles to that of Dickens or Henry Ford was about 1/10th of an ounce (https://lenpenzo.com/blog/id47735-historical-gold-and-silver-benchmarks-for-job-wages-and-commodity-prices.html)), so the fact that, on a historical basis, silver ought to be at least $1000 an ounce today (40x higher) is clear proof of hyper-predatory shorting. In fact silver has nearly been wiped out of existence because of it, which is probably one reason why the oligarchs started the Great Reset now, because they knew that the world was about to collapse into a new Dark Age from lack of silver. The market cap of investable silver is probably only a few tens of billions, simply keep buying physical and hold.

>>27500750
You mean you missed when JP Morgan, AKA the owner of the largest physical silver vault in the world, could just sell some of its holding to dump the price.

get dumped on you $oi faggots. based Jamie dimon was keeping the price low for us to all buy in. keep it that way you dumb fucks.

>>27500992
"Holdings"

>>27500184
>0.5%
What's the point? Inb4 claims of employment as an elite plastic surgeon working in Beverley Hills.

>>27499370
clear market manipulation and cheating everywhere, just like the election.

imagine what the fed and money printers have been getting away with.

>>27501446
yeah he should probably just YOLO everything into GME

>>27500992
yeah I just wanna see those holdings
open the fucking vault jp

>>27499737
>>27499370
So do redditors realize Manhattan is like 90% blue? Do they never question why the wall street traders vote for the same democrats they do? Of course they don't, I just think it's pretty hilarious either way.

>>27500954
They're just going to print paper silver forever and give you the middle finger because they can

>>27499370
because with paper silver you can make shit up

Thanks for holding daddys bags, zoomers. Im 63 and just liquidated 50kilos of worthless shit in a day

>>27501769
Nice reading comprehension faggot.

> be me
> live in East Euro shithole
> read on /biz/ about silver shortage sunday
> am gonna buy me some just in case (suicide insurance)
> go to a dealer
> we're sold out sir, everything gone saturday
> tfw
> come back home
> go to my local ebay equivalent
> some people still have silver coins
> place order
> go to sleep
> wake up monday morning
> think I have fucked up FOMOing
> check site again
> everything wiped
> single coins wiped
> 25-oz bundles wiped
> 50-oz bundles wiped
> 100-oz bundles wiped
> tfw
> check today again
> some new offers, price +10%
> tfw
> phone beeps
> package en route

>>27502331

If you buy paper silver like SLV? Yes. If you buy physical and allocated bullion like PSLV? No.

https://renaissancemen.org/2021/02/02/why-the-silver-longs-and-eric-sprott-can-defeat-the-silver-shorts-an-education-in-4d-chess/

>>27502584
Funny how I bought 100 kilo and am up 50%
Also funny how retards think that gold and silver, which always had value, are now worthless
Kill yourself you worthless Jew

>>27502903
ill rebuy 100 kilos in a few weeks once we go back to $15

>>27499370
Markets are always detached from reality and sanity.

>>27500124
>PM-backed crypto will be the future.
No, because PM markets are completely manipulated and nobody knows what the actual supply is. You’re a moron if you think that’s a good form of money.

>>27502984
You will never see a piece of silver in your life again

they don't want you to own silver because wallstreet is run by jewish werewolves

>>27502289
What does this have to do with democrats you obsessed retard?

>>27503239
Silver is anti-bacterial and good against vampires and the spiritual evil
In other words, the perfect weapon against blood sucking Jews

>>27503134
you werent here during 2011 were you?

>>27499841
I will buy BTC for 10k if you can answer TWO questions and convince me.

1. Is there a big risk that quantum computers could make BTC worthless in the midterm future.

2. Considering the fact that nobody owns the fist Apple smartphone version anymore, why should BTC no be replaced by another crypto currency that easily?

>>27499841
>>27500124
>>27503124
They'll just ban crypto after they ban guns.

>>27503260
Probably the fact that they're the party of bankers that larps as the party of the little guy and seething retards like you buy the bullshit and then Yellen dumps on you, again.

>>27503640
As if they would be able to effectively enforce either of those bans.

>>27502331
Yeah this is what worries me about the silver short squeeze thesis. If they can just print more paper silver whenever they please, I can't see how we can ever back them into a corner. We could buy out the entire physical supply (like apparently happened last weekend) and it won't matter, online retailers will just be sold out for a while. Meanwhile SLV won't budge because they printed a million more ounces over the weekend or whatever. I just fail to see how exhausting physical supply actually puts a squeeze on the monopoly they have going on with SLV. The 'real price' of silver might end up being realized in dealer premiums, so in the future maybe buying a physical ounce will cost $30 spot + $70 premium or something retarded like that. But that just means retail buyers of physical will be at an immediate 70% loss when they buy. Paper markets will just keep on not giving a shit because their authorized delivery recipients have all pinkie swore never to execise their delivery rights.

silver is betting against USD so every trick in the book will be used

>>27503674
>Probably the fact that they're the party of bankers that larps as the party of the little guy and seething retards like you buy the bullshit and then Yellen dumps on you, again.
that's literally all the republicans did the last 4 years

You 2 party retards might as well be glowing disinfo agents.

>>27503447
You all fell for the paper silver meme, right?

>>27503674
/biz/ is for making money faggot, get back to your containment board.

>>27499370
>Every online silver dealer is completely out of stock on virtually everything from massive surge in silver buyers
>Bullion dealers reporting 30 times their normal sales of silver
>But we're supposed to believe silver prices are going down due to lack of demand

you are literally dumber than a nigger.

>my local grocery store is sold out of pop tarts
>HOLY FUCK THERE IS A GLOBAL POP TART SHOTRAGE!!!!!!!!! WHAT IN THE FUCK!!!!!! AHHHHH!!!!!!!!!!!!!!!!!!!!!!!!

>>27499370
Of course it fell. It was just a distraction from GME and a lot of retards bought in.

>>27503547
1. no because that would be a blow to encryption across the ENTIRE internet
2. bitcoin uses a reverse linked list data structure (Merkle Tree). it's been around since 1979 and is used in lots of software applications. this is like trying to say fermat's theorem is old thus that means it's no longer useful.

>>27499370
>JP morgan downgrades silver and dumps a billion paper contracts
Just stop buying silver you filthy goyim!

>>27499370
>think xe can collapsed the economy by buying a fucking physical objects
>seller just told you off we aren't selling
>m-muh right
Absolute retard(s). Go raid silver mines.

>>27504069
>my local store = every store
dumb

>>27503965
Republicans are the lesser evil and you're an idiot if you can't understand that.

>>27504228
they are literally the same party with the same masters you retard

>>27500564

>Silver that gets mined is permanently added to the supply and it never goes down

It's easily one of the most important resources to the green energy field, which is going to explode under the Democratic senate/house/whitehouse

Dummy

>>27501446
Assuming he made around minimum wage then half a percent for 8 years is around a thousand dollars. That's chump change but given the choice between having a thousand in gold and not having gold I'd take the gold.

>>27499370
>>Every online silver dealer is completely out of stock on virtually everything from massive surge in silver buyers
>>Bullion dealers reporting 30 times their normal sales of silver

Source? A reddit screenshot doesn’t count

>>27504325
They aren't, Jew shill.

>>27504228
This is unironically the good goy stance.

>>27502331
that will eventually just make paper silver worthless and real silver valuable.

>>27504163
Aren't there already cheaper, faster and more anonymous coins?

>>27504213
yes, dear niggerbrain, that is my point. a handful of silver dealers sold out and you think this is indicative of all silver on the entire market. i'm not arguing that silver isn't manipulated (it is.) i'm arguing that silver suppliers sold out because retail storefronts that sell to mentally ill Qtard silverbug boomers are a small fraction of the total silver market. for all you know these small time retailers might not even be sold out, no different than a used car salesman telling you there's multiple people interested in an old shitbox because he knows it drives up perceived scarcity in the mind of nigger cattle normies.

>>27504508
Supporting Democrats is your good kike stance.

>>27503547
1) yes but quantum computing cracking modern cryptographic safeguards would mean the end of society full stop. So this is sort of like not buying bitcoin because you're worried a meteor might hit earth.

2) BTC doesn't need improvements to deliver a fully viable product/service to people. It is a ledger of account, controlled by no central authority, fully fungible and easily transferrable across borders for a nominal fee. I could invent a small, limited-supply device that could be used as a unit of account/value but it also sucks your dick and reads Elon Musk's latest tweets to you automatically, I could call it Gold+ and say it's simply like gold, but better. Nobody would give a shit because gold already does all the things a store of value needs to do, and nothing more. Bitcoin does all those specific SOV things as well, but better, and doesn't do anything else extraneous. From a psychological perspective, it also has first move advantage and brand name recognition which is important for SOVs which require a critical mass of public recognition for them to work as SOVs.

>>27504338
Not worth the fees desu.

>>27504455
there's an interview with the ceo of JM bullion talking about it, one of the bigger online retailers.

>>27503859
See the 2008 oil price spike
What this shortage shows is that the physical market is illiquid
> some tech company gets a big order for solar panels or some shit
> places big buy order to buy metal
> physical inventories wiped
> price spikes
> people holding paper realize they have been conned
> all hell breaks loose

>>27504465
kek ok nigger

>>27503547
I will answer both of them in the same way, and you better post proof of you buying 10k$ BTC.

1. Probably yes.
2. It might be, but it won't. See below.

So, let's say, for argument's sake, that things happen instantenously. It's the first day of 2030, erryone's balls deep into BTC, it's like 30% of theor 'folio or something. Total, global cash. Awesome future.
Google then hits the market with Q1, their first gen quantum computer that can be used to hack BTC. This is obviously very bad. The BTC crowd, knowing all too well that this shit is bad, chaange the algorithm of BTC to something that cannot be hacked by a quantum computer. (There are tasks like that.) Because it's a decentralized crowd, this will fork BTC into numerous versions. This has already happened with scams like BCH, though the change there was nothing as fundamental as I'm talking about here. Anyhow, all forks will have one thing in common: The original blockchain will be common.

Why? Because that will ensure that everyone who uses BTC before the 2030 quantum-apocalypse will be on-board with the fork, automatically. Sure, you won't know which will be the "next" BTC. For a while. Till some Vitalik-tier autist comes up for a definitive mathematical proof about why BTCQ, some obscure fork of BTC in February, is actually super fucking awesome and he can prove that it's unhackable. People pile onto that, it soon rises to BTC's orig price, everyone but a couple of crypto-historians abandon the original BTC blockchain and we all live happily ever after.

Yes, it's a clusterfuck when it happens, BUT all you have to do is not spend your money. All the money that was in the orig blockchain will stay there, so you'll be able to carry it over.

>tl;dr ppl would just fork the shit out of BTC till they came up with an alternative that's quantum proof

>>27504592
>t. proud support of the send your sons to die for israel party

>>27503828
If your goal is to arrest everyone who breaks the law then yeah they'd fail completely. If your goal on the other hand is to go after a few high profile names and then use the new laws as another excuse to fine and intimidate average citizens then it works great.

>>27504542
yes. I like Zcash for the technology. it's constantly fudded on /biz/ because /biz/ has a community of wanna be cypherpunks so they latch onto Monero because historically, XMR has kind of positioned itself to be *the* dark web/counter culture coin. People will talk massive shit about Zcash and say it sucks blah blah blah, but they have some of the best cryptographers who have/are working on it. Tezos is copying some of their privacy features, Vitalik loves the tech, has major love from people like Tyler & Cam Winklevoss, talk of ZRC tokens and anonymous stable coins, deprecation of T-addresses, and removal of trusted setup + a change to the founder's fund (but still a fund to help perpetuate development -- if you don't know why this is important, see why YFI has a proposal to mint 6,666 new tokens for the developers). But DYOR, of course.
>inb4 xmr fag counters my talking points

>>27504569
>yes, dear niggerbrain, that is my point. a handful of silver dealers sold out and you think this is indicative of all silver on the entire market. i
Dude, I live in Eastern Europe
Everything was wiped clear over here as well, both brick-and-mortar and online >>27502725
Dunno what is happening but it's weird as fuck

>>27504069
>every store is sold out of pop tarts
>whenever a shipment of pop tarts come in, people line up to take them before they even get unboxed
>(((kellloggs))) jews: oh vey goy, we have to discontinue poptarts because we just can't sell them
I fixed your analogy

>>27504763
Yeah all those nonexistent wars that Trump yeah sure. Now fuck off Jew.

>>27503859

Because silver has a bunch of uses in industry. While there are a bunch of paper sellers that swap notes and jerk each other off there are some buys who actually want the silver to make shit.
As far as I understood it, what happens when a paper seller sells to someone who actually wants silver to make stuff, he has no silver to deliver and so has to run around and find some, but can't because 2 gorrilion people bought a couple of 1oz silver coins.

>>27503859
Because not you, but big players can buy silver off COMEX at those paper prices. Minimum delivery is 5k oz. The spread between real and paper price will cause mints/brokers/etc to arbitrage tf out of it.

>>27504228
>bro catshit totally tastes better than dogshit, you should definitely eat
>what do you mean you don't want to eat shit
>what are you some sort of centrist?

>>27504765
crypto, even if it survives, will be worth about -90% of its value the second the market downturn really sets in and the world seeps into a depression, don't kid your self.

>>27503859

SLV is a black hole and a scam, but if you buy PSLV or allocated bullion or physical you will force a default on the COMEX which is where the real problem lies. See >>27502829.

>>27503859
silver has industrial purposes. If retail price of silver is more profitable than bulk pricing (there is enough demand), then institutions will ask to withdraw silver from their "vaults" that hold hundredths of what there actually is. The vault, as its obliged to, still promises to supply the silver but will have to wait for it to be mined and refined. When people see how long a wait it will be to get their silver from paper contracts, it will dump to oblivion and physical will moon,

At least thats my understanding.

>>27504981
>yeah im pro trump AND i hate jews

>>27505022
Meanwhile you retards are supporting that people eat dogshit. You guys have the 60 IQ take.

>>27503260
Where you do you think literally 100% of the DNC financing comes from? It's big-tech and wall st. bro. ME VOTE DEMOCRAT! HE LOOK OUT FOR LITTLE GUY LIKE ME!

Why would anyone care about silver aka poorman's gold? That shit is so tacky anyways I mean how can you even show off you're a fucking baller wearing silver LMAO.

I'd rather invest in a real tangible investment like GameStop. Once more PS5s roll in and the new TCG sets come out, it's to the moon one way or another.

>>27505118
Best of two worlds, frankly.

>>27503859
If we buy all the physical silver, the merchants start buying off COMEX or similar to try to replenish and arbitrage the demand. Once COMEX fails to deliver because supply is tapped, industrial users (and investment demand) start looking elsewhere, pulling out from PSLV and SLV. At that point it is musical chairs because that’s a bank run.

>>27504675
You're right he should've used that money to buy hamburgers and given himself heart problems like a true American.

>>27505022
>being this reddit
yes goy the white genocide party of niggers is totally the same as the conservatives

>>27505225
Kinda weird that you'd be the mot jewish president if you hate jews but ok

>>27499370
>Silver fell as much as 8 per cent to $27 an ounce on Tuesday, after leaping 12 per cent the precious day..
per cent..?

>>27505258
thats right. I like my replacement slow and legally. like the founding fathers intended.

>>27503859
Industrial users have to exercise delivery rights because they need physical silver to build their products.

The price of real silver is going parabolic while paper is dumping. In other words, the price of silver is decoupling from the manipulated paper spot price.

>>27503447
QRD on 2011?

>>27504981
literally the most jewish president in history. except maybe biden

Man, these shops are fucking savage.

>You want to sell this coin? We'll give you 25 bucks for it, and already taking a huuuge risk with this.

>You want to buy this exact coin? That'll be 56 bucks, goy.

>>27505369
Per meaning 'of' in latin, cent meaning 100. 8 to 12 of 100. It's where the word "percent" comes from.

>>27504934
Yeah that's my point why I don't invest much money in BTC. I just think there are better (and will be much better) alternative cryptos already out there. I think in 10 years people will laugh at people who use BTC because the new cryptos will be so advanced compared to BTC.

>>27499370
Its total bullshit. Paper silver should be illegal. Hopefully people will see this and have 2 seperate prices for physical and paper

>>27500992
JP Morgan threw a year of the world silver production onto the market as $SLV to stop the rise

Do you expect the price of physical silver to drop soon?

>>27505565
Somehow seems much more brutal in german.

>>27505806
I don't think it would matter if it did. You can't get it and dealers are charging well above spot anyway.

>>27502331
The House always wins.

>>27505760
They cannot continue this scam infinitely. Eventually the lid will blow off the pressure cooker.

Reporting from france.
All silver dealers have silver here.
They were aware of the internet chatter of course.
Also, everyone saying they stack silver but no one actually stacks it. Lame.

>>27505565
I paid 35/oz and they were buying at 28.50 for bars. Kinda felt like a chump

on the 28th i ordered two american eagle coins and another preorder coin that's going to be released on the 12th from bold precious metals. since i ordered a preorder item, i have to wait for it to become available for my entire order to ship. is this shortage going to affect getting my order?

>>27505683
The average person has food, shelter and internet. Why would they risk that and destroy the financial system that keeps them alive just because it makes a few fatcats richer than god?

>>27505909
It's been like this for years now, that physical typically costs $10 more than the paper certificates.

>>27500564
Silver is extremely difficult to mine due to the fact that there are no major deposits on the planet. Most of silver mining occurs through the process of mining other metals.

>>27506170
Because it's not just enough for them to be rich. I couldnt care less about what kind of money other people have. They have to destroy us, kill us, steal our foreskins, enslave us, humiliate us, and genocide us. We're fucking fed up.

>>27504934
xmr chad here.
we fud zcash because 99% of its transactions are nonshielded, because it has a trusted set up, and because it was unironically made in tel aviv. We also shill for Monero because it is actually adopted on the dark net. I don't give a fuck if zcash has some of the "best cryptographers" working on it. It's not being adopted you dumb nigger.

What you guys did was buy all the retail supply

There is tons more in the warehouses. Even more coming out of the mines.

Why do you guys think people have been trying to short squeeze silver for literally decades?

>>27500992
There vaults have finite supply and I hate these people an infinite amount.

I will happily keep buying if the banks want to flog off their stockpiles.

I still think buying $2k of gold bar today will be worth more over time than buying $2k of silver.

>>27499370
it's because GME is crashing

I put some pennies on silver mining stocks (MAG silver corp, McEwan Mining, First Majestic, Atalaya mining etc) speculating that the silver demand would increase prices and their profits would increase as they dump or hold what they have on hand.

However checking today, there's a slump.

I'm just over five bucks down on my portfolio, fucking fuming geezers!

>>27506547
Maybe one day your dear leader's youtube career will take off.

>>27506547
Based Monerobro

All those stonks I bought had seen 20-50% increase.

Now a slump.

My fuckkin fiver!

>>27506843
>demand for silver goes up
>price of mining stocks goes down
How does this happen exactly?

>>27507067
manipulation. like weve been saying for 30 fucking years.

>>27507067

Naked shorting, continue to hold your AG.

>>27503859
>But that just means retail buyers of physical will be at an immediate 70% loss when they buy.
No, in that case people will just trade it in between each other and official dealers will simply have to adjust. In effect the price of real silver will have increased even if the spot price is 10.
Shouldn't be bought because of shitty reddit memes anyways, should be bought as an edge against inflation.

>>27507154
buying other people's AG bags currently

>>27499638
This guy gets it.

>>27506978
yeah nice response, you are really winning over the lurkers here who are interested in privacy crypto.
to the noobs: zcash has literally no dark net adoption. Go to r/darknet and you can see how many drug addicts with no interest in crypto are asking how to buy Monero. It's bullish as fuck and all this kike is trying to do is trick you into buying his bags.

>>27506710
The fact that retail sold out and spot price went down should tell you supply and demand principles are being severely manipulated. If this trend continues there should be a severe market correction

>>27507067

I assumed others would do the same and invest in the mining. it's not like I though they suddently find the mystic goat that shits silver due to their new stonks money.

It's more that I assumed miners would have physical silver (or nearly physical silver) on hand and thus would make money selling it or would increase in value because people know they have it.

This shit is complicated, fun but complicated.

FUCK THE COMEX FUCK THE FEDERAL RESERVE AND FUCK HEDGE FUNDS

>>27505565
Dude it's like that with everything.
That shirt you bought for 10 bucks? $1
That MTG card? HALF.

>>27507464
T shirts and commodities should not follow the same principles

>>27505565
65€ for one ounce?
what kikery is this, i paid <30€ last week

>>27507320
Why would I care to win over lurkers. DYOR, like I said. Way to reinforce the edgelord stereotype of “muh XMR chad here”. Lmao.

>>27507326
Silver needs to start selling physical at a profitable markup compared to paper and thus become a COMEX-testing service in the process. As long as there's a profit on trading paper to physical and then selling the paper it's a market-driven bank run. They took the gold standard off currency specifically because gold could be used to organize a bank run by buying it at a higher price than it's worth in currency.

The top was in when retards like Keemstar were buying. You people should have been buying silver since the lockdowns if you truly believed in a collapse. I put around 5% of my investments into silver just in case

Lmao I didn’t know the bars were that big

Now I want one lmao

>>27504455
I had luck with a smaller dealer online

>>27507355
this

fuck them and we go all crypto now and pumping (apart from out lil silver stack of course)

>>27508633

There is no "top" for physical, the price is still going up every hour. Best get yours now before you're paying $500 an ounce.

>>27508547
>They took the gold standard off currency specifically because gold could be used to organize a bank run
Yeah sure, you keep telling yourself that.

>>27499370
They all are dumbass

>>27499370
Spot price comes from COMEX.
COMEX is a derivatives market.
Spot price is the price of $SLV, NOT the going rate for physical silver.

If we're going to use the Spot price as our guide for the going rate of physical silver then COMEX has no business setting that price.

>>27508347
typical kike response. your earlier paragraph was an obvious shill where you wrote about how great zcash's technology is and how Monero sucks and hurr durr some xmr fag is going to come and counter all my points.
well I did because your bait was weak and it was ripe for fucking, and as usual instead of responding to any of my points you call me an edgelord and make some weak fud argument about fluffypony.
your shitcoin was unironically created in isreal and its an asic miner pump and dump with literally zero adoption,. You are literally shilling one of the most jewish scams in all of crypto in a thread about Silver and how we are getting back at the jews.

>>27506365
and also it goes into solar panels etc.
You're not going to rip them off your roof to use as metal. It stays there.

>>27509225
this is a very high level take actually, silver in recycling is often completely overlooked in favor of gold, which only contributes to overall consoooming

Do you think the price of silver will fall below the pre-pump?

>>27509526
Right now its barely recycled because its so cheap. Each process probably has a different point its worthwile to salvage silver at, idk how many or how much will start getting recycled at 40-50 dollars.
Ghana have a fuck ton of old PCs, what if they get rich just by melting out all the silver lmao

>>27500992
JP Morgan spoofs their data all the time. They do not have enough silver to cover, that is almost guaranteed. If they do, then the need to start liquidating it soon to correct for physical

>>27509077
>That media income vs media home
I fucking hate being born in 1999. Fuck my fucking life man

>>27503124
>takes control of your power supply
nothing personnel goy

>ITS ALL FAKE
>OPEN THE VAULTS!
>TRUST THE PLAN!
its ALWAYS silvertards. goldbugs arent remotely this stupid

>>27499370
EXPOSE THE REAL VALUE OF SILVER KEEPING BUY PHYSICAL

>>27510235
Can you back up your point of view with numbers or are you just here to shitpost?

>Bought way too high Sunday on FOMO.
>Bank held my wire transfer to investigate for fraud prevention
>going to cancel the wire now that silver dumped
Thank you based paranoid bank.

>>27509436
11 to 30. Guess this bull market is already over or close to over based on that image.

>>27509049
A bank run on gold, not a bank run on currency. From FDR to Nixon they failed to stabilize the value of the dollar relative to gold and the price kept going up, if people suddenly speculated on this trend en masse the gold vaults would be raided and the banks would be left holding a bunch of worthless paper (correctionL there wouldn't be enough gold and the currency would be outed as insolvent). It was a ticking time bomb.

the silver rocket is about to launch
https://www.youtube.com/watch?v=wfHqbahPKpY&ab_channel=NASASpaceflight

Also, if silver is falling, then it should easily fall on session open, right? I have noticed the price jumps when session starts.

>>27510388
Paper silver dumped.
See you tomorrow, fren

>>27504228
No. Both parties ultimate goal is Jewish supremacy. There is no lesser evil. Both parties are used in their own unique ways to advance kike agenda. The right is mostly used as a sedative to calm uppity goyim after a democratic presidency. Thanks to conservative controlled op like Trump and psy-ops like Q people are kept from truth and injected with just enough hopium they do not revolt. Buying kikes enough time for demographics to fully shift in their favour and once this happens will never having to worry about whites rising up as they can be easily squashed by their nigger army. With Biden elected (chosen by them) I am feeling that kikes are feeling very confident that demographics have shifted enough in their favour and they can expedite their agenda without fear of whites. I do not doubt they have china’s full support also. Very likley kikes have made promises of a Chinese ruled world. Dumb chinks will get played same way whites did, they will enjoy a prosperous time period like white countries have circa 1950s-2000s but the kikes will eventually brand them as oppressors, and the Chinese will be subverted by them to accepted lower class races and eventually be replaced. Jews will keep on doing this dysgenic cycle until all races become fully muttified. You may think chinks can’t be subverted like the gullible white man but you have to remember whites were a very tough race with cemented ideals. If we can be subverted the chinks will also.

>>27504542
Yes. Buy Darwinia RING for a better and faster user experience.

>>27510647
Like it or not, physical silver sells in relation to paper. Sure, the premium is higher at this very moment, but it moves up and down with the paper price.

>>27499737
If retards just contributed to cleaning out the entire retail inventory of the US, and then a forced 2 dollar drop by wall street jews makes them shrug their shoulders and say, "Oh well, I guess we lost," then I truly have no hope left.

If anything, this is just verifiable proof of how manipulated this shit is, and the need to double down harder than ever. Silver's true value is still $600/oz or greater, and everyone with any goddam sense knows it, based on fundamentals. These pricks cannot continue suppressing its price to less than 5% of its value forever with their leprechaun tricks. Patient stackers will win in the end.

>>27504228
That's the spirit, goy

Physical silver is how we shoah Jews

>>27510815
That's how things used to work. We are no longer fostering a normal market.

>>27510815
just you wait goy

Can somebody vouch for my idea: is the safest play here to back the silver mines themselves, buy stocks of miners who will be exeriencing a heavy spike in demand soon? They will ramp up production to accomodate and make bank, and there's no risk of market manipulation

>>27499370
It was a fucking psyop, look at that bart pattern to attract the gullibles

>>27511609
This is temporary. I'll wait until silver comes back down to earth, then I'll buy a lot.

>>27511680
>They will ramp up production to accomodate and make bank, and there's no risk of market manipulation
>there's no risk of market manipulation

Once the dust settles I think the next move is to squeeze silver as a united team. And this isnt coming from the fact that I bought 1k silver last week (before premiums, finally I fomo buy the bottom) BUT because we can make real change.

Think about it, we start buying physical and investing in physical mines ect. Industries that rely on silver to make their products will panic buy crashing it all! I dont think they will accept paper ""IOU""s and start buying physical themselves. Also the dollar's gotta tank eventually right?

>>27511836
Sooooo youre bullish on silver and expect a spike in price soon?

Ordered 5 oz from texas precious metals
It's been stuck processing for 3 daya

>>27510235
>trust the plan
go back to /pol/

>>27511680
hahahahaha
seriously though buy SLVP if you want a silver miner ETF

the banks will not allow silver to skyrocket because it will affect every industry. silver will be permajewed to stay under $50. this is what you guys don't understand.

>>27512406
This is why buying physical silver is the only way to expose the fraud

>>27512018
I'm bullish on silver when I can buy under $20.

>>27511907
Just wait anon. The physical demand crunch will still affect spot price even without us having to do anything. This huge dump today came from JPM dumping something like 1.65x of annual supply of silver with their paper contracts. Demand should remain high around the world considering the massive shortages everywhere.

Just wait and let the markets do their thing

>>27511680

If you're going to buy a miner for leverage and want to support the silver squeeze as well, get AG. Picture related.

>>27512406

>the banks will not allow silver to skyrocket

They have no choice in the matter, see >>27502829 >>27505078

>>27512406
>the banks will not allow silver to skyrocket
How will they achieve this?

Printing more SLV to suppress price exposes SLV for the fraud it is.

>>27512406
The thing about market manipulation is once it breaks, and we have actual price discovery, crazy things can happen.

>>27503859
to sum up what everyone else said + a rundown of what will happen
>despite the constant smackdowns, the spot price has been creeping up steadily for the past year, because of retail interest and speculation
>but they keep it under 30 because $30 silver will trigger a huge amount of buy orders
>imagine they keep it under $30 for another year
>actual retail price rises to $100 (30 plus 70 premium to reflect shortages + consumer demand)
>samsung and tesla still need silver for their electronics, and lots of it
>or even better, mints, refineries and bullion dealer sees the massive spread between spot price and retail price
>they can buy futures contract from comex for $30/oz, ask for delivery, receive silver, it is now worth $100/oz
>this would literally print money, anyone could just repeatedly take delivery, sell for 3x profit, buy more contracts, take more delivery...
>as soon as a single tech company or mint does this, everyone who owns futures contracts or has a industrial need for silver must follow suit to participate in these massive gainz or be left without any silver at all
>comex runs out of silver before even 10% of the contracts have been delivered, comex defaults, paper spot price collapses, new silver price discovery happens out in the real world

and that's how we'll get $1000 silver. The paper price is fake and gay and it all falls apart the moment people who actually buy silver realize that the real price is higher than the paper price.

>>27512740
>Here's how we can still become rich

>>27512406
you cant put these in a tesla

>>27500790
This is just a lifestyle at this point, if the msm and "everyone" says something is a certain way, you can pretty much assume the opposite is true and be right like 90% of the time. You borderline don't even need to DYOR anymore, just constantly short what everybody else is long on. For example, I have no doubt in my mind you can heal your tooth enamel with the right diet and hygiene, and I know this because everyone says you can't.

Reminder we are fighting against JPM AND the federal reserve

it was never going to be easy

>>27512866
weve all exited the dollar scam, why are you so keen to stay on the leash?

>>27499370
OH NO WHO COULD HAVE SEEN THIS HAPPEN?

That's what you get for trust (((Silverberg))), you schmuck

>>27512586
>>27512566
So if we squeeze AG we will find real price discovery?

>>27512586
>>27511680

If you're going to buy a miner for leverage and want to support the silver squeeze as well, get AG (First Majestic Silver). Picture related.

>>27512406

>the banks will not allow silver to skyrocket

They have no choice in the matter, see >>27502829 >>27505078

>>27512866
>they can just print the metal to match the paper, goys

>>27513431
whatcha postin there rabbi?

>>27513435
Naw. True price discovery comes from silver being freed from the manipulation. Mining companies will follow suit and blow up like never before

>>27513435

Had to change something in the picture. >>27513488

Yes, AG should already be much higher than it is right now, and will be going 10x at $50 silver simply on the basis of fundamentals.

maybe now that euphoria ha worn off the plebbiters will see the light

>>27502289
most people in the financial sector are conservative, you fuck dip shit

Dont know about physical just went 10x long at 26.40 .

whether you think silver has intrinsic value or not, a share of slv will never put an ounce on silver or the money to buy an ounce of silver in your hand, this extra amount is called a premium,but it is still part of the price you have to pay to buy silver, the price on the street which includes the premium IS the true price, WE ARE EXPERIENCING PRICE DISCOVERY, IT"S HAPPENING.

>>27513869
you're playing with fire but I like your style anon

>>27503899

Not really

Gold yes but not really silver

>>27513869
based degenerate gambler

>>27513630
Damn you good. I got shilled and ordered Monday morning at 19usd, my order went through when AG hit 24 fucking dollars and now I have lost 35% of my investment.
Fucking shill I'm holding your bags

>>27499370
1 Billion paper silver ounces was dumped on the market yesterday

1 BILLION PAPER SILVER OUNCES

THAT IS THE ENTIRE GLOBAL PRODUCTION FOR A YEAR

Needless to say it was a fictitious and a market manipulation where somebody covers some shorts.

BUT YES! A discount for physical is coming.

How the fuck did we become no better than a FUCKING RANDOM SHITCOIN.


WE GOT PUMP AND DUMPED WTF

>>27500520
PSLV, first majestic, and fortuna are probably good alternatives.

>>27514270
wait till friday for the rebound spike

>>27514270
meh, PSLV is steady, not doing so bad. at lease you aren't into gme lmao

>>27499737
i didn't lose any money. i bought my silver years ago.

>>27513431

Can someone please explain how online shops are out of inventory with delayed shipping but prices are going down? What happened to supply and demand?

>>27504228
You're a very good goy. And technically you're right. But isn't that kind of a pointless distinction when both parties work to the same end? Point to a single politician who has called out the bullshit on the wallstreet side of things?

>>27514280
PSLV dropped 6% today after being up yesterday.

>>27514774
Because despite what /biz/ silverbugs say, the paper silver price is what actually matters.

>>27514774
the game is rigged

>>27504048
Business and finance overlap with politics you dumb fucking nigger.

>>27499737

That image is enough to make me a communist for an hour.

>>27514774
M A N I P U L A T I O N
G O Y

>>27514835
SLV printer go brrrrrr

>>27514835
It's tracking with spot price, as it should. If you bought last week like a smart person, you didn't lose any money.

>>27514746
they have been brainwashing the masses for decades.

>>27506750
>There vaults have finite supply and I hate these people an infinite amount

Now that is getting me motivated.

>>27499638
There was never any WSB/Reddit intest in buying Silver.

>>27514897
>the paper silver price is what actually matters.
>literally cannot get silver for the paper price anywhere on the planet fucking earth
pick one

>>27514774
>What happened to supply and demand?
Jewology

>>27514897
>paper silver is what matters
>visits local coin shop
>"Good day sir! I would like 1 ASE please."
>"What do you mean $45? The spot price is $27!"
>"B-b-but paper is all that matters..."

>>27515045
This is not true we are idiots!

>>27500520
Scottsdalemint.com. Just buy from the fucking source you retards.

>>27515004
SLV isn't PSLV

>>27515020
I'm basically even and in it for the long haul. I don't believe the market is actually susceptible to a squeeze since it can be manipulated so well (as we see right now)

>>27515380
>SLV isn't PSLV
but SLV sets the spot price because COMEX is a derivatives market that deals in SLV.

PSLV trends alongside spot price.

Guys I love my silver so much

My favourite aesthetically are the 1g bars, they are so so tiny

>>27515373
>Due to the major demand influx please be advised that most products are estimated to ship in 15-20+ business days from the date of payment clearing. (Eagles/Buffalos/Maples can be longer) We appreciate your understanding that these are best “estimates” and that with Covid19 issues unforeseen delays can happen.
kek

>>27515373
Is Scottsdale good? I have some of their 2020 rounds, but they don't have the same ring as my other coins. The Sunshine coins ring like a bell.

>>27515267
>>27515160
>not understanding that those premiums are on top of the spot price

>>27515618
whats a 'spot price' anon? some sort of paper?

>>27499370
Intersting
https://finance.yahoo.com/news/bayhorse-closes-oversubscribed-non-brokered-000100596.html

>>27515556

I didn't know you defined Comex as a derivatives market, thank you for that.

>>27515618
it's literally completely detached and floats entirely separate from the spot price depending on actual supply and demand, kike, as you can see from the price of fucking spot going down while the premiums are raised.

>>27515618
>the premium is just higher than the spot, bro, the price is accurate

>>27515703
Yes. Exactly. It's simply the basis for all pricing. That's why all the coin shops have a spot price ticker, and the prices w/premium go up and down based on it.

I want a fucking waifu coin

>>27515816
Obviously that is the case right now. That won't last forever.

>>27515373
>$5 over per ounce

>>27515779
The more you know...

I want to jump into this rabbit hole of silver but there is one thing I want to know PMG.

JP Morgan and other major banks are shorting silver for the past decade. I know for a fact that JP Morgan is hoarding an excessive amount of Silver while depressing the price through paper etfs. But the one thing that still bothers me about all this is how some of you mention about how they are doing so on behalf of the US Government. I've read of some tin-foil theories about a silver-backed currency or even as a reserve for for manufacturing essential products and electronics. Which is it? Where is the evidence that JP Morgan is doing all this on behalf of the US government?

>>27515603
I have some of their 10oz stackers. They're pricey but nice.

>>27515894
you realize, no matter what you say, im still going to buy more right? holding my wealth is worth 10000$ an ounce, never selling, its dirt cheap and its literally its own insurance

>>27516081
is that supposed to be a high premium? i paid 14 above

Fantastic article covering the entire silver manipulation situation in brief, picrel for an example of the type of text here.

https://renaissancemen.org/2021/02/02/why-the-silver-longs-and-eric-sprott-can-defeat-the-silver-shorts-an-education-in-4d-chess/

>>27516295
>i paid 14 above
Holy shit, anon...

>>27500564
You do realize that silver is used in a shit ton of industries right? Renewable energies hasn't even taken off yet.

>>27516295
25% is on the higher end. Not unbuyable, but almost on the level of stuff like etsy.

>>27516424
fomo'd kek, but I honestly don't even care, I just want this fake paper cash out of my fucking life and real currency in my hand NOW.

>>27515556
>>27515779
For those that can't see in the back:
https://www.cmegroup.com/company/comex.html

>>27505215
Kekked. Retard-pilled

>>27506365
This is nonsense.
South America alone is sitting on hundreds thousand tons, to last the industry for years.

>>27513598
Is there room for gold to rise? Its hitting ath numbers currently

>>27516344
more interesting stuff!

>>27499370
Styrofoam trays

>>27516665
Both gold and silver are heavily manipulated. Make of that what you will

>>27516648
Yeah, it's not like there's a country whose name means literally "silvery" there.

>>27516803

Holy shit, silver isn't valuable. The USD is FUCKING WORTHLESS.

>>27517264
You've now swallowed the blackpill.

>>27517264
no shit retard, cant wait for beijings personal bussy to print out another couple trillion for gibs to i can buy more silver

>>27500992
>mfw silver shortbros are keeping the price down so I can buy more metal

>>27515142
There was before the mods started banning it. r/wallstreetsilver is where the actual smart people on there went

Is AG gonna keep going down for a bit?
I bought some last week at $17 and now that is back down I want to buy more.

>>27499370
Just keep buying physical. All the contracts JPM is selling to smash the price are now open. If physical demand stays high, contract holders will take delivery in March and fuck the COMEX up. The key here is physical. SLV and even PSLV won't work here. Sprott may add to it, but it may take time. If you want to see March have record deliveries, then physical has to be the focus.

>>27517403
So USA is destroying the dollar and crashing the world economy just because of well fare and supporting the unproductives in our nation?

>>27514835
It avoids premiums

>>27517469
>mfw the actual price is higher than before

>>27517356
based picture, can someone also insert peepeepoopoo pepe shitting down in a btc drone

>>27517674

What do you think?

>>27517674
no the private banks/israel/china is

>>27516344
checked and rekt, good article
>400M ounces...mfw

>>27517598
It looks like it's going back to 12.
Not sure it's worth to buy more tho

>>27502289
They don't even question the false media narrative going on about their antisemitism at the moment.

>>27499370
>>27499737
>Sold GME at 325 while entering at 110 dollars
>Didn't fall for AMC
>Didn't fall for DOGE
>Didn't fall for XRP
>Didn't fall for the absolute fucking retarded hillbillies and rednecks shilling boomer metals
GOD FUCKING DAMN it feels good being me and not being a fucking retard.

>>27499370
You can still get junk silver but the premiums are absolutely fucking insane

>>27518751
check the physical price my man, don't look at spot price since that isn't the real price at all

>>27505760
a year's worth in "paper".

>>27517888

It doesn't matter the USD WILL collapse due to their reckless printing. Silver isnt for day trading, its a generational hedge and store of capital that kikes cant manipulate and destroy.

>>27506135
I'm not sticking up for them but they had to slam it. Once they lose control there will be big problems. Doesn't matter which hedgie owns SLV or which banks have long positions on the COMEX. If this divergence between spot and physical narrows again to what it was last week then we hit them hard again for PHYSICAL ONLY. Premiums are too high right now but I might be some if they drop to 4-5 over spot.

>>27518751
>>Didn't fall for AMC
>>Didn't fall for DOGE
>>Didn't fall for XRP

Idiot. I doubled on AMC, then tripled on DOGE then tripled on XRP. Easiest get-rich-quick of my life.

>>27518911
Anything around 20% is still fine, at least you get the real thing delivered to your home and given the disparity with intrinsic value this is amazingly cheap.

>>27519284
Jesus christ.. Americans have wake up to this dollar printing this time? Feels like it always slides under the radar..

What if boomers get wise, liquidate retirement funds and go all in on PM and crypto's? How many until it becomes a trend and BOOOM rice/beans sold out at super market?

>>27518911
>junk
I know you didn't do this but I hate that we call constitutional 90% pur coinage "Junk"

>>27506156
Don't feel bad bro. This is gonna be a process. Dollar cost average and buy dips especially after the premium over spot normalizes. I bought over 500 ounces at 16/oz last year and that really brought my average down. I'm 100% in the green right now even after this drop. We are all in this together.

>>27519781
it would be like last weekend but times three, supply would be totally gone

>>27511116
Wont people just keep buying the dip until something gives?

>>27506365
Yeah about 3/4 of silver is mined as a by-product metal. Very few pure silver mines in the world. Most are located in Mexico. Always have to watch political situations in these countries because they have gone after miners before and that could severely hurt supply which is good for us.

>>27499370
A lot of bankers shidding and farding. Selling that paper while we buy physical Fuck you JP morgan I will buy every fucking dip.

>>27519561
Thats true. Well then apex still has junk for sale
I should buy more. I got 15.5 ozs back at 18$/oz and a few grams of gold at 1200/oz. Just dusted it off to take inventory. Im a poorfag in recovery from weed and booze. Quit it cold turkey. I just got 3 guns and ammo just from kicking weed. Heading to the local gun and pawn shop soon. Hoping they have some silver.

>>27519879
Yeah honestly I started my stack with junk. I have some 100 year old barber dimes/quarters i got for cheap. I fuckin love junk silver. Mercury dimes are kino af

>>27520074
The whole point of this is to expose SLV as the scam it is. Until the decoupling between paper and physical gets to an unmanageable level most won't gain anything and probably lose money because the paper can be printed at will.

>>27506503
Yes and glad you mentioned foreskins. Yeah I know this is 4chan but not joking when I say that circumcision really has a detrimental affect on humanity. I know a lot of anons got cut through no choice of their own but going forward we have the ability to change humanity by not doing it to our sons. We have the ability to change this financial system by understanding about precious metals and how the banking system functions. Once we realize all of this then we can be our own masters and control our own destiny.

>>27520169
You kno cartels will be wise enough to jump on the mines and control them, unless Mexico army gets there first or starts having a military presence at the silver mines.. How would the world react if Mexico deploys "security" to the mines?

>>27520249
Sounds like a good story with a good ending. My wife is checking the pawn shop on her way home from work today. They were out the other day except for tiny gram bars. We bought them all at $1.40

>>27520410
100%

>>27503640
Crypto can't be banned by one government. That's the point, anon.

>>27506710
The retailers buy supply from the mints who have to buy 1000 oz bars from miners. We attack the supply chain from the bottom up by buying physical but it MUST be physical. They can keep throwing paper at it to suppress the price but when there is very little silver to deliver or NO silver to deliver then they are fucked.

>>27520511
Its already happening. $28 dollar paper vs $40+ physical. We just have to keep up the run on physical. Buy buy buy

>>27506772
I'm a silver bull but I believe 1oz of gold will always be worth more than 1oz of silver. That said on a percentage basis silver WILL outperform gold.

>>27506843
I think Hecla is good too. I'm planning on selling some rhodium and buying some calls on some miners.

>>27520811
If bongs can sacrifice the resources to find out who is being racist on Xbox the US can spare the man-power to hunt down bitcoiners.

>Ban the use of crypto
>Find 10-20 new criminals and make an example of them
>Broadcast their punishment for weeks and weeks
or
>SS starts using the IT rooms that the FBI and CIA are using at Telcom HQs
>Begin making a list and checking it twice

There's even more ways to attack that issue but lets be honest, these two are the big ones.

>>27503547
1: The cost to crack AES256 is equal to building a dyson sphere around the sun and having that run for a few weeks without entruption.

2:
>Why is gold more valuable than my DynaTAC 8000x?

>>27503547
elevator pitch simple:
1.no, if that happens at all you got bigger fish to fry (nuks and gov info)
2. it's not the hardwere it's the softwere, the math that holds any value.

>>27507067
Mining is a good play for leveraging but always be accumulating physical. Most manufacturers don't stockpile silver. They operate on just-in-time delivery.

>>27517867
>mfw 2x ATH is still undervalued
>mfw stacklets will never understand
>mfw still buying never selling

>>27521394
>>27521361
I take it back this is better

>>27521286
The united states bans crypto while Japan continues being one the most progessive of the developed nations in the space.

So in your fantasy, I will install a VPN and continue buying crypto waiting for my torrent to get done.

>>27520583
i declare you the most based anon in the thread

congrendulates!

>>27499370
You do realize the silver which the deals had in stock had already been bought by them from the mints, right? So of course, there has been no increase in "demand" yet.

The dealers stock is what's gone. That's all. Once they start buying more silver from the mints to replenish their stock, it is /then/ that "demand" goes up.

>>27509526
most silver ends up in the landfill because its not economical to recycle at these prices

>>27512866
go off to your defi thread, gambler

>>27521788
>Implying Japan is not a puppet state of the US and won't follow the US's monetary policy
>Implying the entire western world wouldn't follow the US's ban on bitcoin
You really don't know how influential US banking jews are, do you?

>>27511836
Exactly what I'm doing too. Once the premiums normalize I will be loading up as long as silver is below 30 for the time being.