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/biz/ - Business & Finance


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49916977 No.49916977 [Reply] [Original]

41 years and 10 months ago, SILVER was $21 like it is today.

A shiny stablecoin. Until it tarnishes/discolors and you have to clean it in hot water mixed with salt and sodium bicarbonate with the silver resting on aluminum foil.

But wait... hold on... Since it's a stablecoin and inflation keeps making the USD worth less and less........ then it's not actually a stablecoin! $21 ~42 years ago and $21 now means one just LOST money from holding it since then.

>> No.49917004
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49917004

>>49916977
checked

>> No.49917023
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>>49917004

>> No.49917058

>>49916977
>being this much economically illiterate

>> No.49917095

>>49916977
God damn that's gotta feel bad for silver bros.
sucks to be /pmg/

>> No.49917210

>>49916977
>USDT was worth $1 in 2018
>but wait... since inflation has devalued the USD since then... it's not actually a stablecoin! $1 in 2018 and $1 now means it's actually lost value!

>> No.49917231

also just a reminder that if you bought both bitcoin and silver in january 2017 and held until today you've actually made more money with silver

>> No.49917237

>>49917231
*january 2018
ops

>> No.49917331

>>49916977
So what you’re saying that it’s undervalued?

>> No.49917388

>>49916977
Thanks, will buy more since it needs to inflate in price over cost clearly. I will however, never pay even spot for it using my methods as all that matters is metal purity, have a nice day.

>> No.49917398

>>49917210
that's also true nigger

>> No.49917436

>its another kike shill thread
Thanks yossi, the stacking continues

>> No.49917462

>>49917231
>held
Theres your problem. Youre supposed to reap profit not just look at it.

>> No.49918502
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>>49917436
>uses the word kike instead of jew
>buy yahweh's money, goys!

>> No.49920001
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49920001

Friendly reminder that you should always call jews jews. Calling them "kikes" helps them more than harm them, because:

• it plays into their Christianity hoax and makes their Scheinkampf (pretend-fight) against Christianity seem real, thereby promoting Christianity ("kike" is said to originate from the jew word for circle and supposedly the origin of "kike" is that jews refused to use a cross instead of a circle on some document, so they supposedly used a circle instead).

• to normalfags it sounds like a "racist slur" like, like nigger, which makes the enemies of the jews seem bad/evil/racist.

• another reason it's best to call jews simply jews is because every time they're called jews it helps instill into the subconscious of normalfags that jew=bad. It's already a word with a somewhat negative connotation around the world, but we need to make it even more negative/bad sounding. Calling them "kikes", or anything else other than jew, doesn't advance that goal.

Notice how JIDF shills (when larping as anti-jewish non-jews) almost always use the word "kikes" and avoid using the word jews. That's because of all the above. They much prefer it when their enemies use the word "kike", or anything else other than jews - for example "hebrews" or "semites".

>> No.49921161

>>49916977
1oz of silver is still worth 1oz of silver
Which is still worth fuck all lol

>> No.49921261

>>49916977
I'm 27 years old (twice as old as the average biz user). Not a single person here bought silver 42 years ago.

>> No.49921287

>>49916977
Never ever ever ever clean a silver coin

>> No.49921319

>>49916977
A silver comex bar is worth more than a bitcoin

>> No.49921365

>>49917095
Barely anyone in /pmg/ is over 20, so they bought their shiny rocks at a steal.

>> No.49922110

>>49921319
So? Silver is measured in 1oz dumbo. That bar weighs a lot more than 1oz. Hurr durr let's add a bunch of copper together until it exceeds the price of asset X, hurr durr copper is worth more than asset X. Brainlet.

>> No.49922189

>>49916977
All kikes and elites hold massive amounts of silver and gold, not to mention all the stuff that hasn't been mined yet.

Precious metals are a scam.

>> No.49922212

>>49916977
Sounds like a pretty solid reason to buy
Now. The case you outlined means it’s undervalued

>> No.49924395

>>49916977
checked

>> No.49926529

>>49917231
If you bought both in 2008 then you would be down on the silver and the bitcoin profits would allow you to buy 1000x the silver stack kek