/biz/ - Business & Finance

Picked up 12 eagles and 12 leafs will this shit ever be worth something more than the $1000 leaf bucks i put in?

>>27514883
Yes just hold until you die

>>27514883
Did you buy $100 worth or something?

yeah but at least theyre cool to learn coin tricks with.

yeah

>>27515011
$1000 leaf bucks not much just some extra cash I had lying around

>>27514883
You got memed into buying counterfeit Chuck E Cheese tokens

>>27514883
yes

>>27514977
>>27514883

Good news anon! You are in for a real treat! No matter what year, what time, or how bad the stock market will become.

1 oz will still be worth 1 oz.

>>27514977
just wait a couple decades and time the 1 month peak bro

>>27514883
its a hedge against inflation, be patient

>>27514883
Hold

>>27515271
This is unironically something I don’t plan on selling and giving it to my grandkids so it works for me

>>27515271
wow arrows

Ok, now squeeze them!

>>27514883
in 10 years you'll have $1100, pretty good return!

>He fell for the silver meme
We did it 4chan!

>>27515355
Look at this fucking graph
>>27515271

Does that look like an inflation hedge to you, dickshit?

>>27514977
You bought the most manipulated commodity on the face of the earth anon, ignore spot price. I just bought more

>>27515105
ugh those coins are what? 7 ounces? for $1000?
lmao

now is a good time to buy the dip frens

>>27514883
No you know own a real asset. Buy more. I know I am but I've been buying silver since 2015.

>>27515105
That's $100 worth of silver wtf bro

>>27514977
just be glad you didn't blow it on an insolvent meme stock, at least your coins will be worth something, the commodities bullrun will keep going for another few years

>>27514883
thanks goy

>>27514883
How does $300,000 sound OP?

>>27515786
you're still doing the "muh distraction from GME" thing? kek

>>27514883
not really

if you bought physical and you didnt pay a too high premium you are fine

just hold until the gold silver ratio gets down somewhere below 30 and then you can swap your silver for gold

also you cant deny that holding physical silver is comfy af

>>27515542
>Does that look like an inflation hedge to you, dickshit?
Then what is? Land?

>>27515542
>slow steady increase with extreme peaks for selling points
Yes, yes it does look like an inflation hedge. In 1968, Silver was up to $2.65/oz. In 2021 right now it's $27, and that's the manipulated spot price you'd be practically guaranteed to sell at.

$2.65 in 1968 is about $20 in 2021. So you're outperforming inflation by a comfortable margin, actually.

>>27515786
Replace every instance of 'Silver' in that image with 'SLV' and it would actually be correct.

>>27515552
>>27515665
24 OZ the rest is in the tube in the pic
>>27515909
Sounds comfy
>>27515960
It is pretty comfy and I’m surprised how shiny they actually are haha

>>27514977
Does it really matter? $1,000 is nothing but the cost of a fun night out

>>27515786
Imagine being a GME tard right now.
>This feeling eating away at you that you could have bought silver and have some beautiful maple leafs in your hand right now, feeling their nice cold touch, hearing the enchanting click of 2 silver coins colliding, but instead you can only look at your phones screen and watch as the red numbers get bigger and bigger and bigger as your entire savings go up in smoke.
>The surreal situation of watching it all happen virtually, just like a video game, as your future is chosen for you: to be a wagie forever. At this point you can feel your soul die, as the last of your fortune turns to dust.
>Visions of a dirty, greasy mcdonalds kitchen begin to cloud your mind, as you hear a distant voice, quit at first, but slowely getting louder and louder: "Anon, we told you that silver was the play. Why didn't you listen?"
>As you are ripped back into reality you remember how hard you fought against the "silver shills" trying to distract you from becoming a millionair over night. It slowly dawns on you, that they were simply trying to guide you towards a brighter future. They were there to save you from yourself, but you called them names and drove them away.
>All these years of your life on this planet all just lead to this moment, one mistake and it is all null and void.
>A single tear rolls down your cheek and you take a deep breath as you let go of the railing

>>27516617
Yeah I had it laying around from the last time I went to the bitcoin atm no biggie desu

>>27514883
>he didn't buy SLV so he can cash in once the price peaks

>>27514883
DONT CARE
STILL BUYING FOR SILVER

>>27514883
It's ok, you'll still be able them for the same price even 10 years after, unlike GME

>>27515470
based boomer

>>27516606
>the rest is in the tube in the pic
show us what's in the tube anon

>>27516431
I can tell when people are shit investors because when they look at that chart, the only time they can imagine themselves buying is the top of the Hunt bubble lmao

>>27514883
I just fomo’d into 30 oz of Silver, what am I in for?

Once the meme dies down I'm gonna get me some shiny metals they look comfy

>>27514883
>>27514977
How does $1050 in 7 years sound

>>27515271
Also notice how this graph conveniently ends at 2016.

>>27515271
Should've included the current high, so people understand what they are in for in the coming months/years.

>>27514883
PMs are never a meme.

>>27517507
Wtf I was told it was worth 40x the value in the other thread, did I get memed on?

>>27514883
>literally has held value for thousands of years
>meme

>>27517063
It's a 20oz coin tube, if you ever bought larger quantities of silver coins, you'd recognize them.

>>27515271
I remember buying so many ozs that last peak in ‘12. If I had only known.......

>>27514883

You did good, lad, You did good.

>>27517507
Sounds like a great store of value anon

>>27514883
You can give them away as gifts. Think of them as early Christmas/Birthday shopping.

>>27514984
this op, just never sell them. That's how you get rich. Buy and never sell.

>>27514977
Canada is collapsing, so yes

>please pump my boomer rocks now you hip internet kids I've been waiting for 20 years.

>>27517809
TAKE A PHOTO OF THE INSIDES OF THE FUCKING TUBE NOW

>>27517720
when your monthly food shop costs 5k youll be happy

>>27518210
Based and in-store price pilled
Hopefully the silver will be able to buy lots of luxury soup

>>27514984
I'm unironically plowing a few % of my wealth (crypto millionaire) into junk silver to hold forever and give to my grandkids when I pass away 60-70 years from now.
By then, the coins will be 105-200 years old, some silver peaks will have pushed more of them into the furnaces and others will have gone lost forever.
It's basically a deflationary asset.
Junk will attain collector status given enough time.

>OP handwriting
underage

>>27514883
You got memed into buying hard assets that will survive a currency crisis. You are better for it. Besides, the silver play takes at least until March. They are slamming down the price with contracts that might have to deliver in March if demand stays high contract holders want to flip the bars in an insane arbitrage opportunity. Getting bars off the COMEX has always been the play. But that doesn't happen overnight. There are set months where futures contracts are deliverable. March is the next one. lots of open interest right now.

>>27518460
How do you as an individual profit off this though? If I have three silver bars, what do I do with them when the price skyrockets like this?

>>27515404
>polcel thinks he will have grandkids
Thats rich bro

>>27515181
This. Unlike the GME meme, gold and silver are the real value on which all derivable paper game is built upon. Just look up Exter's Pyramid.

>>27518832
We’ve been off the gold standard for decades anon

ages ago I bought two ounces of silver because I liked the dragon designs on the back
I don't regret it, but I could have sold those two for a hefty gain
eh, it'll come again

>>27518770
>pol
>newfag attempts to blend in
lurk more nigger

>>27518952
How's that been going for you?

No man. You did ok.

>>27518679
If you go to your local coin shop, they may pay you around spot. Times like now, where premiums are so high, they may forward some of that premium to you if they are desperate for inventory. If you want to take advantage of all the premium yourself, you can sell directly to others, through craigslist or ebay.

But physical is bad for price speculation unless there are BIG moves. Physical is crisis insurance and wealth reservation to the other side of a crisis. Want to make sure you don't get absolutely fucked in a possible FedCoin rollout and conversion/exchange? Hold gold and silver. There will always be a market for it and it will always hold value.

>>27519190
Is /biz/ really this poor? Like I think I'm poor and I have like 50 oz as a hedge

>>27514883
yes

>>27516808
>buying SLV
humongously retarded move

>>27514883
if you actually fomo'd into physical you got memed on hard

>>27515786
>gme has jumped 1700%
>yes guys put your money in something that's mooned 17x already
post your loss porn seething faggot

>>27517187
>what am I in for?
Something boring, but at least you are guaranteed a 20% return sometime this year

>>27519469
>now theres full blown shills
gonna be a good time to actually hold metals

>>27517063
>>27518348
It’s just more leafs and some eagles

Picked up 147 oz got deals before the "shortage"
silver is comfy 5 year hold

>>27519442
Take your meds

>>27518952
It's not about monetary standard. It's about a hard asset hedge and crisis insurance. And with BASEL III, gold is now a Tier 1 asset for central bank reserves again and competing with Treasuries and allocated dollars. Bretton Woods II is on its way out, one way or another. Things may get wild. Physical gold and silver have no counterparty risk and will weather whatever storm may come with the transition to the next global monetary regime better than other things. The only thing I'd value above gold and silver would be farmable land. Even rental properties are too inflated and may not survive the insolvency event headed our way without taking a big hit. We shall see.

>>27518348
>t. priced out seething moonboy who bought at 300
It's ok anon, remember, DIAMOND HANDS

>>27514883
keep buying more
look at it as inflation safe savings

>>27519759
what meds?

>>27515786
(((Mark Cuban))) says buy more GME goy.

>>27514883
Dont wotry about it. I bought 8 10oz bars yeaterday. I probably wont make much, but I wont sell at a loss and it will always have value

>>27514883
At least you'll get a return on investment if you need to kill any werewolves

>>27514883
You can sell them on eBay right now for $44-50 each and trending up everyday. Just watch the ending auctions. Physical silver is flying off the shelves while morons watch the paper silver market.

>>27514883

Fuck Silver, Buy Steel

https://seekingalpha.com/article/4402645-cleveland-cliffs-hard-steel-not-soft-language

>>27519872
Very well put. How people don't fucking get this is beyond me.
It's basically savings for the plebs and the standard of wealth for the banks.
It's savings that won't go to 0...ever. it's savings that can be stolen by the government only if said government is willing to risk a revolution. It's savings that have a few bad properties like storage and possible theft but much less than the "savings" that are pushed by the banks and the government now.

>>27520338
I don’t have the space to buy 2000kg of steel

At least you reached Stacklet tier.
That's more than most people.

>>27514883
Hang onto it. Why are there 50 threads a day about whether holding precious metals is good or bad? Yet people are Gung fucking hoe about crypto.

Plot twist: buying both is based and smart.

Don't spend more than 10% of your investment money on precious metals, 15% at most if you feel a recession is coming.

Stocks will always bounce unless we apocalypse mode.

Crypto will permanently dump with most shitcoins if we have a deep recession.

So just weigh your bets and don't put all your eggs in one basket.

Always have actual physical cash set aside in case shtf.

Buy silver in bulk, not in chunks if you can.

Otherwise buy grt, link, eth, and a small amount of xrp.

Can dealers actually enforce their market loss policies? Like, if you decide to not send payment for an order?

>>27514883
You got scammed but its okay I think shiny rocks are kinda okay so I'll take that off your hands for a small fee, how does spot price sound?

>>27520338
Give us a ticker silly

>>27520658
>It's savings that have a few bad properties like storage and possible theft but much less than the "savings" that are pushed by the banks and the government now.
Speaking of storage, I'd be wary of storing gold/silver in a bank's safe deposit box. Depending on what happens there's no guarantee you can always get back into it easily. The vault protects against some things, but it has it's own risks.

>>27521560
>selling
NGMI

Why should buy phisical silver instead of LEAPS options on silver mining stocks which could yeild a 30000% or nothing

>go to coin dealership
>"I wanna buy an ounce"
>that'll be $50 dollars plus tip
>"I wanna sell an ounce"
>ok we'll buy it below spot, how does $23 dollars sound

I need to open a bullion shop

>>27514883
no, just hold it till the market collapses (easily within 50 years) and those "boomer rocks" will literally save your life. Also tell no one you own them (I hope you are posting behind several VPNs) and hide them well

The price of silver is rocketing down. Good work dumbasses now your grandpa money is useless. Silver will never be worth anything unless you can pay off a mortgage with it. You can do that with bitcoin.

>>27521760
you can do that but id recommend owning the actual metal too. if it yields you 30000% your gonna find the dollar dead on the street with his choom paper derivatives

>>27514883
At least you're not me.

>>27522027
>if it yields you 30000%
I mean the buy option on the mining stock

>>27520731
These are gold ounces aren't they, I'll start stacking gold on the next dip. Already have 350Oz of Silver now

>>27522138
yeah, paper.

>>27519420
Kek, most biztards live on mooch from the Government welfare like blacks and don't really have any net worth beyond a couple hundreds dollars. Most of them are actually third worlders who have no real income apart from shilling shitcoins.

>>27521910
kek silver is such a fkn scam

>>27517551
The price is at about 27 right now. An 8% decrease from yesterday, it will probably go down even more tomorrow.

>>27522366
>said the no stack pajeet

>>27522413
COMEX spot price is derivatives, not physical. If we're going to use "Spot price" to determine the value of physical, COMEX has no business setting it.

>>27523158

>>27514977
No. New silver comes out of the ground all the time it’s inflationary

>>27522366
This. Dont be retarded

>>27522002
>what is spot price vs physical price
>what do you mean they can't just print more paper silver
show gme losses moonboy

>>27514883
I tried to stop you, even reddittors didn't buy it. You and Linus are fucking canuck idiots.

I inherited a bunch of antique silver forks and shit from my grandpa. Should I melt them on my stove and press them into coins?

how much went spot silver up after being memed?

>>27514883
stick them in your closet somewhere. silver cycles up heavily every few years and booms every few decades or sell them

>>27523789
>reddittors didn't buy it
all signs are green

>>27519420
Nobody cares how not poor you are.

>>27523789
redditors didnt buy it because they are a bunch of actual real world retards and currently losing 70% of their in on GME

Why would silver dealers worldwide be out of stock?

Remember when traders started withdrawing cash from ATMs when they knew the banks would crash?

>>27524120
GME will moon. Two weeks tops.

>Spot price is set by derivatives, not physical
>Spot price is <$27/ozt
>Can't find any physical for less than $32/ozt
>debt clock shows almost $5000/ozt
>but spot price is $27/ozt
Price discovery mode by end of week, screencap this.

The silver chart has been forming for 50 years and now is literally the best time in human history to buy.

>>27524332
you tismos missed your own squeeze, i hope it burns with all your currency still inside inshallah

I shitposted this >>27515271 but at the same time bought a stack to hedge against the canadian dwarfs being right

>>27523284
risk/gain ratio feels asymmetrical, if they are indeed right, this could cover my hypothetical losses on all other assets (weighting way more on my portfolio at current time) should this unfold in an ugly way for the broader markets.

if it's not, will baghold a couple bleeding grands for some years, no biggie

>>27521760

Chris Marcus (Arcadia Economics) has a video showing how you can make 800x on buying calls on First Majestic at $800 silver.

>>27514883
i'm considering buying some 5 reichsmarks just for memes. fuck kikes.

>>27524886
It's very asymmetrical because 1) it's already heavily suppressed in price and 2) it has no counterparty risk and 3) it has intrinsic value.

Chris Marcus (Arcadia Economics) has a video showing how you can make 800x at $50 silver by buying calls on First Majestic.

https://www.youtube.com/watch?v=qD1TlSk2WcU&ab_channel=ArcadiaEconomics

>>27522093
How do you live with yourself being this retarded?

>>27520217
>yeaterday
>I probably wont make much
Correct

>>27514977
Still a hapless stacklet. Buy 76 more to be a pirate

>lying on death bed
>2060
>tell my grandchildren to open my safe
>show them my shiny silver rocks and tell them that they're theirs now
>they use their integrated neuralink brain computers to look up the price
>due to asteroid mining in the 30's and 40's silver is now worth less than steel
>1kg of silver is worth about as much as a gallon of milk
>buy high, never sell

Imagine the backlash from the countries who figure out silver was manipulated for this long once the price rises, remained poor, and sold or leased their mining rights to fucking canadians lmao

>>27525895

>>27526091
I have a motto. "Always do the opposite of what /pol/ says"
I'm shorting silver ASAP

>>27525895
>space exploitation will happen
>mining so easy no effort
>no costs
>not heavy
>retrograde into landing pads all day
its gonna bump the cost if anything and immediately be CONSOOOMED on limited baubles

>>27514883

yes, just buy bulk rword

>>27526239
Go ahead, nobody cares what you disinfo shills do.

>>27526091
what's the point here?
>You buy physical silver
>they have shorts on paper silver
>..... they have to deliver physical silver to the buyers?

>>27518433
what was the secret to becoming le crypto millionarie anon?

>>27524332
GME will never be above $200 ever again unless they do a 200x reverse split

>>27515271
KEK my yugioh and pokemon collection does better

>shorting a market with physical goods
This is breathtakingly stupid and there were multiple generals about this shit, posters here will believe literally anything. When are we shorting the oil market? I can fit like six barrels in this room lets fuck em up guys

>>27514883
Welcome to the world of building real wealth. You'll be glad you bought it and mad you didn't buy more :)

>>27514883
At current prices yes...

>>27526640

Imagine believing a bunch of redditors can at any capacity affect a trillion dollar market. Still a good buy regardless.

WOW!

>>27526532
The point is to cause an official re-evaluation of the price of silver. Gold will follow silver. All other commodities will follow gold. This will cause a re-structuring of our financial system and transfer wealth from the derivative holders to the physical holders - effectively restoring wealth and control of our money back to the people.

>>27514883
Yes.
They are completely out of touch.

>"what are you going to do with it"
>SOILS HIMSELF, DROOLS DRIPPING DOWN FROM HIS AGAPE MOUTH
>"nnnnufing, ahm gon dieeeeee"
>"ok boomer"

>>27527069
No facts, no numbers - just name calling.
Found another disinfo shill!

>>27527069

Take your shit and leave evil one

at the rate that congress is currently printing money...it wont be long before it hits $40....better than letting inflation drain your savings account.

>>27527212
>>27527224
See? they're just the local hugbox people.

>>27527316
More names, no data.
Begone shill.

>>27526947
It was definitely just redditors who bought all the inventory from APMEX

>>27527316
we dem boiz

>>27527212

*hugs*

>>27527474
>It was definitely just redditors who bought all the inventory from every single PM dealer
ftfy

>>27514883
yikes!

>>27527434
>"Uhhhh I'm gonna... I-I'm gonnaa... ACOOOOMULATE"

>>27514883
Yes you fucking retard. Never take any advice from anyone on biz.

>>27527567
They knew the big banks would fail so they went to the ATMs lmao

>>27527597
All you got is bullshit. Keep showing everyone how full of shit you are. Reply to this post again - DO IT!

>>27527597
like to see you try rn

>>27514883
Silver is meant to be held until the dollar collapses. Until that day comes just put it in a safe

>>27514883
still holding mine from 2012. worst investment ever. have fun holding literal heavy bags the next 10+ years.;

To make matters worse, anywhere you try to sell this shit, you will need to either pay shipping, assuming you will even get spot price....or only 90% of its spot price if you take it into a pawn show or some shit like that.

Fuck metals.

>>27527474
>APMEX

You think they have a stash big enough to significantly affect the market? They have had 11bil worth of transactions since their founding in 2000.

>>27527844
>all this bought and paid for FUD

>>27527866

supply at shiny rock retailers =/= global supply of said commodity

>>27527844
>playing the metal market for a quick buck
Found your mistake.

>>27527597
Kek

>>27523478
Except silver is also used in every solar panel, pretty much all circuitry, shit tons of medical uses, etc... but sure it just "keeps coming out of the ground."

Every single solar panel has 0.5-1 troy oz silver in it. The industrial uses just keep piling up. Silver is neat because when industry is doing great, there is a high demand. When industry is doing shitty and the economy collapses there is an even higher demand. You can't lose with physical silver. Just don't fall for a piece of paper. If you can't lick it, you don't own it.

>>27528102
its every retailer in every country you blind idiot. TD ameritrade suspended selling because they saw the run too

>>27526532
There are many book about precious metal investing, they all say same tirade about there being to much paper silver and there is no enough physical to cover those paper ones. You see, this paper system is very old, it is just o big. Yes as a money security it's an option, but hoping one day it will shoot to the moon like teslas and gamerstops is the same as you never see it coming with gamerstops or chainlinks, or eth or btc. You just don't know. You either get some and wait and don't panic at red color or just live your life.
Silver theory is old and maybe even older than most of you browsing this board. Silver output in the mines is massive, industry isn't using enough of it to cause massive price increases. Copper or brass is always cheaper solution to engineering problems.
I'm quite amazed /biz/lets are so hand in hand with raddish.

In 1912 the financier of Nikola Tesla and objector of the Federal Reserve, died aboard the titanic.
In 1913 the Federal Reserve was created under the direction of JP Morgan

∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞
In the 1980s, the cost of an Oz of Silver soared to $838 per Oz

∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞
In the book The Wizard of Oz, Dorothy originally had silver shoes. The story was possibly an allegory for gold standard and silver trying to be recognized.

In his reading of The Wizard of Oz, Littlefield believed that Dorothy was a stand in for the average American, and that the magic silver shoes represented the 1890s free silver movement.
∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞
There are 1.4 billion cars in the world.
All cars are to be replaced by electric by 2030
Electric cars use around 1kg of silver in their production
There are 3 billion Oz of silver which have been mined
A KG is equal to 35
∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞

JP Morgan own 600million Oz of Silver
∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞

The majority of Silver comes from Mexico, whereas the majority of Gold comes from China

∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞∞
Nothing conducts electricity as well.
Nothing reflects light as well.
No virus, germs, or bacteria can live on silver.

20+ million oz/yr used to make flexible LED screens

30+ million oz/yr used in hospital x-ray photography

50+ million oz/yr used in the auto industry (Tesla=+silver)

~1 oz per standard 3x5 ft solar panel

40% more efficient battery than lithium-ion

Superior electro-thermal conductor, water purifier, & anti-microbial.

Gold is eye-catching, Silver is world-building...
_______________________________________________________
"The “Crash JP Morgan, Buy Silver” campaign of 2010 drove the price from $15 to $50 (without Robinhood) "
________________________
**********************************
The most reliable industry estimates seem to agree that there are around 3 billion ounces of . 999-fine silver in circulation around the world.
___________________
***************************
JP Morgan has amassed a physical stockpile of silver of at least 600 million ounces

***************
***************
________________________
Of the 1,740,000 metric tons of silver discovered to date, 55% is found in just four countries on earth.

___________
****************
gold has a density of 19.32 g/cm3 whereas silver has a density of only 10.49 g/cm3. Thus, a 1 oz bar of gold will be almost half as large as a 1 oz bar of silver.

>>27528340

booohoooo it's every retailer in every country

So what. Literally the same happened during early corona in the spring last year. Price went up. What's your point? You think you're making 10x on silver eoy?

>>27526266
Silver will be transported to Earth using the space elevators developed by Musk.

((They've)) been accumulating for years at every single "cash 4 gold" center you've ever seen. ((They)) want your children to be addicted to drugs so they can buy it back for pennies. Now ((they)) want you to vote for the Green New Deal so your tax money can buy their silver at $150/oz for the next ten years.

>>27515271
uh g-guys, what's going on here

>>27528580
The point is every time it happens it confirms that the price is suppressed. They are doing it right in front of your face. 140% of GameStop was shorted, right now for silver it's at least 10,000%

>>27528392
>Nothing conducts electricity as well.
>Nothing reflects light as well.
>No virus, germs, or bacteria can live on silver.

and this is why its a fantastic industrial metal and why the price is supressed.

Everyday items that uses silver would skyrocket and actually hinder our technological inventions and innovations.

Buy 100oz, and save it for your kids and pass it on for generations, that's all you really need.

>>27528580
>>27528677
actual bots. musk isint gonna give up that sweet elevator space for nothing, let alone build it even close to 60 years from now. demand goes up, supply disperses. later nerds

>>27528872

I realize this. I said it's a good buy no matter what. What's your point?

I JUST GOT A CLOUDFLARE ERROR THEY ARE LITERALLY MONITORING THIS THREAD LMAO

>>27528931
In 20 years the majority of the global economy will be automated, costs will be purely economical as 90%+ of people will not work and will just collect welfare and use drugs all day.

>>27514883
>>27514977
Silver
Lol.
Silver.
you clowns do realise how much there is still to be mined right?
How easy it is to scavenge from scrap?

>>27528838


Doesn't Matter.

Comex is the Goal

>>27529069
what makes you think the lizard people need YOU then?

>>27529425
I am the lizard people. You will eat ze bugs.

>>27514883
Don't buy things you don't like. I like the metal.

>>27527772

I spy, with my little eye...
https://www.congress.gov/bill/116th-congress/house-bill/2558/text

Nice try shills

if we can cause a run on the bullion banks, faith in the system is lost. And that will spread truth far and wide. And obviously silver would rocket. The dollar illusion and crypto/stock market greed distractions would be gone and Exeter’s pyramid will come into play. With silver flying before gold. Dollar collapses, meanwhile they are rushing to get out thier half baked great reset plan that no one will accept. Because they need to accelerate to quickly. The great Illuminator is working rapidly. Once the population see’s truth in this they will seek it in all avenues.

>>27529912

you are the shill faggot

>>27529912
All bullions retailers here in EU have no issues at all, you can still order normally.

South america is literally sitting on hundres of thousand of tons of already mined silver to cover industrial production for multiple years.

It's all in your head schizo.

>>27529696
>https://www.congress.gov/bill/116th-congress/house-bill/2558/text
two years ago, and nothing happened with it.

>>27530229
>Still hasn't made it to the floor
>Still hasn't been discarded
It's in limbo, but it's there. Call your congressman and demand they vote on it.

>>27529696
Pity it will probably die in commitees

>>27530435
>Democrat controlled congress
KEK

>>27518433
>junk will attain collector status
Lol wrong. Not going to write a book as to why but I have 15 years of numismatic experience.

>>27514883

You didnt have some silver before?

Good news: you are somewhat hedged agaibst hyperinflation. When the currency collapses you probably will be able to buy a wife with just one of those coins.

Its good to have..plus..the pump aint over dude. Its just begun

>>27529696
>https://www.congress.gov/bill/116th-congress/house-bill/2558/text


THANK YOU TRUMP!

>>27530669
>Implying AOC and The Squad wouldn't jump on this

>>27530734


It's so exciting, I feel like I want PM to be my full time job (and numismatics)

>>27530896


Silver Bringing People Together

>>27528361
>there is no enough physical to cover those paper ones
whoever will demand for pshysical silver delivery?

I bought a fat stack of these today

>>27531235

>>27530902

I wouldnt..i think the shit is stupid butbi do have about $700 in silver. You never know one day we might wake up and we become argentina and our money is worthless

>>27531190
Big Tech

>>27526014
And that Russia, China, and others have been gobbling up cheap physical. Those not doing it are going to get walloped.

>>27531400

Argentina means Silver!

Paper money is not sovereign money anyway, silver, copper and gold are ^_^

>>27524332
Two more weeks! Trust the plan!

>>27531400
In Venezuela, an ounce of silver is buying 3 months of food for a family. Probably meager stuff, but you never know.

>>27515271
This is in constant dollars. In real terms silver didn't even reach 2012 levels.

I can't believe I bought stock in a Boomer rock mine. I'm never listening to this board again.

>>27514977
you can always melt them and made a silver dildo for your wife's girlfriend

>>27531235

Hahahahhahahah

UK fag here, is it worth stacking over here or are you all basing it purely off of speculation that the US government is gonna collapse

>>27531938
You deserve to be a poor retard. Silver is great. It is highly manipulated and if everyone started buying the physical then we would head to the moon.

yup, heard from some boomer that bought in during the craze decades ago and his coins still havent recouped value

>>27532368
>Hurr sure, my worthless shit is actually worth a lot. I just can't get real money from it.

Then it is worthless retard. Money talks.

>>27532355

Yes anon it is worth at for the long term investment

and if comex defaults - which is very possibly...

It's going to be Epic

PLUS it's more fun than Las Vegas!!!

The coins are beautiful, you will be amazed by the reflective index

>>27532368


Silver was $680 per Oz in 1980 ^_^

>>27531835

Yeah thats my point. In the absence of a stable currency silver and gold are always king.

If you considered yourself as wanting to make it...a small safe of silver is neccessary.

Now people like Ron Paul and schiff take it a bit far in my opinion

>>27528677
what metals do you think will be involved in building these space elevators retard, and what do you think will be needed to build the millions of space panels needed to mine asteroids.

>>27532668
Inflation also was like 50%

Volker had to fucking hike rates 42 times to stop it

>>27514977
You're good, Silver is expected to rise (slowly cuz its pen fucked on the COMEX)

>>27532777

Not even our lifetime. May be sons grandkids..but not ours

>>27514883
good news is its a lot harder to be paper handed with physical silver
now just sit back and clink your coins

If and when the Comex silver market implodes, so should the paper market for silver. Nevertheless, can this happen and will it happen?

Also, if a Comex default does occur, what are the likely scenarios and aftermath that will impact silver traders and the price of silver? The following sections explore the increasingly likely possibility of a Comex default in further detail.


cont...

>>27515181
>year is 2030
>1 oz now weighs only 0.8 oz as Earth yolo's out of orbit

Inability to Deliver Physical Silver

Perhaps the most likely scenario of a Comex “default” would involve the inability to deliver physical silver into its futures contracts because of a pronounced and protracted physical metal shortage.

In this case, those holding paper certificates instead of actual physical silver will probably be settled at the cash value of their position once the physical delivery problem finally comes to a head.

At this point, trading in silver futures on the Comex will probably also be halted temporarily while the market figures out the real price of physical silver.


cont...

>>27533066

>>27533057

I honestly love to throw them on countertop and count them like scrooge. Very asmr

Pricing Implications of a Comex Default

Of course, a Comex default of this type means that you will not be able to buy silver from the usual markets until the dust settles. Also, when said dust has finally found a resting place, silver will undoubtedly be priced much higher.

That is because the price of silver will be based on the actual amount of silver metal in circulation, rather than on the inflated amount of silver paper that has suddenly been turned into paper money instead.

Some of the silver pricing figures proposed are difficult to believe outside of a full dollar collapse (on the order of $500+/ounce), but seeing the price of silver more than double from where it is today would be trivial in a Comex default scenario.

Indeed, if silver’s price were only adjusted to the historical 17:1 pricing ratio with gold, then silver would be trading at roughly $100/ounce, which is basically triple the current price.

A Comex Default Would Help Discover the True Price of Silver

On a global basis, the value of money shrinks when compared to the actual value of silver metal. The discovered price of silver after a Comex default would therefore rise, but the key is that the result would be a more accurate and un-manipulated price based on the higher intrinsic value of physical silver. This is what the silver market currently lacks.

As silver analyst, Ted Butler, has pointed out for decades, by virtue of concentration, the paper metals futures market and OTC derivatives are currently being used to actively manipulate and interfere with the price discovery mechanism of silver and gold for profit, with the covert goal of suppressing precious metal price increases in U.S. dollar terms.

Nevertheless, silver is much more strongly manipulated via this mechanism, so the presumption is that when actual price discovery happens, the market will see silver's price rise significantly. This is why long-term silver investors say that silver is on sale.

If and when a Comex default does happen, traders will also probably see at least one major bullion bank (J.P. Morgan Chase) require some sort of extraordinary support, which might be done covertly to avoid exposing the manipulators acting behind the scenes.

>>27514883
silver and gold will store your value after the economy goes mad max

>>27528280
I can lick paper all I want though

>>27529696
>(Introduced 05/07/2019)

In the book The Wizard of Oz, Dorothy originally had silver shoes. The story was possibly an allegory for gold standard and silver trying to be recognized.

In his reading of The Wizard of Oz, Littlefield believed that Dorothy was a stand in for the average American, and that the magic silver shoes represented the 1890s free silver movement.

>insert current year
>not being invested in the white mans metal
ngmi

>>27530196
>All bullion retailers
You've checked them all of course....

> Hundreds of thousands of tons
Total claimed Mexico reserve is 37k tons and it's probably quite a lot lower.

>>27514883
Holding silver is comfy. You want to hold it, not trade it like a stock. But hold it for the future. Imagine being an old man and telling your son during turbulent times. Its all good my dawg, we gots some shinies in the attic, so we will eat even if I lose my job for awhile. Holding shinies is comfy. I like my coins and I wont give them away, they make me feel comfy and I want to stay that way.

>>27535816
>1kg
>face value of 30aus
>would need 3kg of silver to buy one video game
does the prison colony really...?

>>27520731
250 oz checking in.

>>27536462

>>27515628
Fucking premiums are insane.

>>27514883
yeah, silver is at a high currently and will crash 20% in the coming weeks. should have waited honestly

>>27514883
The point of owning precious metals is to never sell them.

In the book Harry Potter and the Prisoner of Azkaban, the goblin bankers use silver to create armor to protect themselves. The story was possibly an allegory for gold standard and silver trying to be used against the common people.

In his reading of Harry Potter and the Prisoner of Azkaban, Varg believed the goblins were a stand in for Jews, and the silver armor represented the attempt to use wealth to protect themselves against repercussions for bringing fractional banking to Hogwarts, and that Harry represented the spirit of British ingenuity against the Jewish bankers

>>27522205
Of course that is gold, in silver that would be laughable even after silver goes back to sane gold:silver ratios like 1 to 20 or 1 to 30.

>>27531941
Will it leave a tarnish on tha vag? The wife is for babies, her girlfriend is for fun.

>>27537298

Can I steal this?

>>27536980
spot is down yet premiums are up
also
>implying theres going to be supply in the coming weeks

The panic is already starting and its only going to get worse. When supply shortages start being made public we're likely going to see a run on silver like we saw a run on toilet paper which is only going to make the problem grow. Spot wont matter because the suppliers will set prices to demand. Then the normies will all wonder how the suppliers can do this if the spot price is supposed to be so low and focus will be on JPM to start liquidating their billions of ounces to correct the market.

Oops, the vault is empty sorry goyim.

God that will be a fun day. I wonder if we'll see rope shortages too.

>>27514883
What's the best website to buy silver at?

>>27514883
just sit back and hope the right kind of reset

>>27537790
monumentmetals for good prices

>>27521910
It's a business not a charity you twit.

>>27537747
>>implying theres going to be supply in the coming weeks
Alex's ghost, what is just-in-time production. I'm putting money on there's vaults full of coinage and small 1 and 10 oz bouillon but there's also bar stock. shelves will only be empty until the bar stock can be minted into coinage and cast into smaller bouillon pieces. how much money am I going to risk on this wager? my income against stimmy inflation that there will be more reasonably priced physical silver on shelves in the future and before stimmy inflation hits.

>>27538651
You do you man, im buying my stack asap. A already have a fair bit of rope however, really dont wanna miss out on the fun that day.

>>27514883
Yea you should've held cash instead, rocks are useless they can just make more

coins or bars?

>>27539027
cars

>>27514883
yes

>>27539027
whatevers in stock. I might go for shot later this week. I just really hope those brittania coins are still available when i can drop my next buy. They look really nice.

>>27537681
Of course anon

>>27514883
you're gonna end up loving these fucking rocks, win eitherway

>>27518679
I don't know why anyone on biz would want to deal with silver. There's so much else out there that just involves clicking a button to get in and out of a position without paying big premiums.

>>27535859
He's talking mad shit, majority of scandinavian dealers have run out of coins and the bars are going quick too

Best investment you will ever make. You will be happy once Bitcoin drops back down to 10k and your still net positive with that AG

>>27538138
Thanks anon. Would you recommend getting a single bar or larger quantities of a smaller weight?

>>27539006
>Implying they don't just make more cash literally every second of every day.

>>27531235
So you can now buy and sell black people again? based

>>27514883
>picked up 1 kg
> not delivered yet
> check website
> sold out
> $200 more than I paid
> waiting for my profit to come in the mail

>>27541436
They don't though. There are only so many dollars in the world and we trade them by working. They only make more dollars when they destroy old dollars