/biz/ - Business & Finance

>>29600004
Who the fuck told you anything of the sort? February isn't even a delivery month on COMEX, March is.

>>29600004
silver is a metal with industrial use. it is mandatory to modern life and it's getting rare. market is tight af. if you think this will not skyrocket whether now or a few month/year later, you're a delusional fool. enjoy being poor.

>>29600004
>silver
boomer tier scam

>>29600004
>>29601610
This year shit is going down and it will go far beyond silver, because of the bankster's inability to 'print' commodities like they print fiat or shitcoin protocols. summer 2021, the rotshchild rockefeller system is going to come crashing down...a historical once in a 600 year event type economic crash. Nobody will be spared. A global metals panic will happen except instead of toilet paper and bleach, fools with fiat are going to desperately search for gold and silver but will find nothing! By end of 2021 we will be in a global precious metal standard with the price of an ounce of silver being the reference global monetary unit for all international banking, pricing of currencies and foreign exchange! This is because the enormous need for industry to physically hoard their own stash of silver once COOMEX defaults will manifest into a global metals panic since silver is a monetary metal.

Lets say the trust funds, big banks and worst of all insurance companies lose confidence in fiat and put 5% of their valuation into silver? AXA alone putting 5% of its cash into silver could purchase all the bullion currently existing. Imagine if it was on a global scale, it would leak to all tangible assets, even wood or grains of sand at this point. It would entirely halt the production of everything and push price discovery of every commodity sky high.

This is why the system needs an exit strategy by creating a whole world of infinite fiat resources that can be created at will : the crypto-space. You can create 100 billions XRP and then tomorrow morning add 100000 billions of a new shitcoin and it wont impact the real world in the slightest. Just sponges to soak up fiat fed printed money!

Silver and gold are the canary in the coal mine because they historically have been money for the past 5000 years and have all the functions asked to be a perfect medium of exchange (fungible, divisible, portable, durable, uniform). GLOBAL METALS PANIC INCOMING!

>>29600004
don't you get it. they're using GME (and crypto in general) to distract the plebs from silver

>>29600004
GME? Never heard of her.

>>29601434
>>29601860

lmao oldbugs. your shtf scenario won't happen because nobody cares about PMs any more.

very soon musk will start space mining operations. your shiny rocks will be worth nothing.

meanwhile btc chads, like myself, will allow you to lick my feet if you pay me.

>>29604819
>meanwhile btc chads, like myself, will allow you to lick my feet if you pay me.
Curry smelling hands typed this post.

>>29600004
>the world economy was supposed to collapse today but was prevented by reddit buying a meme stock
schizo