/biz/ - Business & Finance

>>56708762
>At this point I just want my fucking money back.....
same unironically. As someone who was slurping the lows in 2018/2019. Went and got a quote from a local dealer for my ASE horde and they offered me exactly $0 premium over spot. After factoring for premiums I'll be lucky to have made 10% in 5 years time.

Hahahahahaha you idiots are so gay

>>56708762
>but muh COMEX
>but muh meltup soon
at least you could have bought gold

>arguing with 6000 years of human history
Not owing silver is for poor people.

>>56708850
>6000 years
jewish number, outed yourself

>>56708850
I think the argument is that fiat kinda took the place of silver. While it’s obviously more scarce then paper money it not as scarce as gold to make it a proper store of valve. Without the demand of being a currency it will never have the scarcity to work as a currency. Fiat is to convenient to let silver become a currency. My thoughts anyway.

>>56708868
>>56708875
I denounce the talmud and I denounce jewish claim to the Christian holy land. Can you say the same?

>>56708770
Last I looked premiums where at 40% and that was for generic coins and bars. The reason they give for the ridiculous markups is that demand is up and supply is low but you know that is a bunch of BS because if it were true these same dealers would be offering a premium over spot to buy your silver because theoretically with demand so high they should be able turn around and sell for a profit no problem. Last I checked dealers were offering less than spot to buy generic coins and bars and barely offering spot for ASE. So my point being is that until premiums go up for selling your silver to the dealers these ridiculous premiums are totally unjustifiable scame rip offs. If you have purchased any silver within the last three years you will be lucky to just break even within the next 15 years or so. You've been warned.

Christ is king.

>>56708888
>>56708899
Checked those digits. With Jews you loose.

>>56708893
Agreed, the premiums when I bought were within the 16-25% range, 25% being the high end for ASEs. The irony of the whole situation is that silver is shilled as a safe way to preserve the value of your capital, while the simple act of entering and exiting a position costs you upward of 33%. Imagine paying a 33% fee to withdraw money from a bank. And supposedly "the banks" are the scammers... lo if only I weren't so schizophrenic in my younger and more impressionable years

>>56708937
>vey in ID
Jewish hands typed this. Imagine wanting paper debt receipts instead of hard assets.

>>56708937
>he cares about premiums
Poorfag lol. You probably think vacationing in SE Asia is a good way to spend your money...

>>56708981
He probably lives in SE Asia. Maybe… Vietnam?

>>56708937
>Supposedly the banks are the scammers

Anon, anyone printing money out of tin air and lending it to you as debt and using it to control governments, media, academia and everything else... it's clearly a fucking scammer

JWMADD ?

>>56708762
I don't get the inflation hedge argument, there are high interest yielding money market ETF's that give more than savings accounts while still being very liquid and stable. Not to mention CD's if you're willing to sacrifice liquidity.
oc there will be individual years where inflation is higher than the yield, but as long as you combine this with reasonable investments and saving should do fine.

>>56708762
Silver is abundant, a waste product of gold, copper, and other mining. I told you for years that silver will never be worth anything. And the reason isn't some jewish master plan with silver or the like, but simply its abundance. It is not valuable stuff, and never will be. Gold is a different subject.

>>56708937
Yeah well I own silver also but I would never buy with the current premiums. The ironic part of all this is that silver is going to be a (dead asset) in the future because of all the very same people who have been pumping it so hard for the last ten years. A couple years ago I know of an old retired lady who got talked into rolling over her 401K into physical silver, well after rolling it over and paying the 40-50% premium for the physical silver that was held at a brinks vault she instantly lost 40% + of the value because that physical silver she "purchased" was only valued at spot price. She died about a year after that and I'm sure her kids where disappointed to find out about this. A lot of boomers fell for this gimmick. Going forward with all the people who have bought silver at ridiculous premiums in the last few years and coupled with all the boomers squandering inheritance money on this it is going to instill into peoples mind (silver=scame)

>>56709040
>>56709050
>>56709107

>>56709110
You can buy silver all you want for all I care. Or mutant fish. I heard they are a good investment too for silver cucks.

precious metals are for criminals unironically or for the insanely rich as a tail hedge. if you don't have illegal money there is literally zero reason why you shouldn't just invest in anything else. i don't want to be too insistent with this because a war may be coming and it might be wise to have some before you need it, but even then refer to top of post - precious metals are for criminals, you draft-dodging chud.

>nooooo you can't just buy silver
>you just can't ok?!?
Buying silver hurts globalist bankers. It's now my patriotic duty to buy silver.

>>56709129
>draft-dodging
Why would I go die for pissreal when I could fight ZOG right at home and be on the right side of history?

Oh look another silver FUD thread. If glowies and JIDF don't want me owning silver, then that makes me want it even more.

>>56709129
>the virgin law abider
Cuck.

>>56709143
>buying silver hurts bankers
how

What is it with the orchestrated anti silver sentiment here??

Most arguments are very superficial and don't hold up.

>>56709107
My custodial silver in vaults London, Zürich, Singapore and Toronto literally cost me zero percent premium. Sometimes on Sundays I can even buy below spot. Spread is extremely tight.

Physical silver that I buy myself I buy from private individuals close to spot or junk silver coins from merchants also pretty much at spot. When I sell it it's the same. Stuff that I buy from private individuals over spot usually also sells pretty well.

>>56709175
Simplified:It removes everybody from the money printer. Imagine your government wants to spend big bucks but actually has to come up with real silver and gold. Suddenly it hurts them.

>>56709202
>Most arguments are very superficial and don't hold up.
I mean, would you really expect fedbois and JIDF to hire people with self awareness? They need to hire people with no self respect, no dignity and no ability to think outside the box. Otherwise there would be internal rebellion. That's why they need to have de-radicalization programs for their staff. Gaslighting your own is a surefire way to create inefficiencies and ultimately end up failing in more ways than anticipated.

There's only 2 ways to make money on silver

1. By not buying silver

Or
2. Sell silver to retards for 40% premiums


That's it

>>56708762
>/biz/ spammed with multiple silver fud threads
kikes really don't want us buying silver lmao

>>56708762
>I've wasted so much fucking money on this scam bullshit
i just got 100oz then stopped there. that was my diversifying into PMs. dont all in on silver or gold. crypto is too crazy still. can get immensely rich if you're lucky

>>56709376
They make 40% every time you buy retard

>>56708762
lmao

>>56709401
Nice math skills ranjeet

>>56709436
Plus shipping and handling and taxes.....lmao it's a commodity dummy

>>56708762
I’m up 8300% this year on crypto shitcoins. Silver/Gold is only really good for an apocalypse, and even then, water, food and ammo would be better hedges.

>>56709474
PMs aren't taxed retard.

>>56709506
>>56709506
Cuz you will never make a profit moron

Buying silver is about crashing the system - you don’t sell. You hold until that shit breaks and you pass on real money to your descendants

Only acceptable use of silver is trading it for acres of farmland

>>56709830
metals are immune from sales tax. the price is the price. other commodities have a premium + tax involved. metals being tax free means they have a smaller "premium" than other commodities

>>56708762
Silver loses it's chemical value faster than gold btw

Damn, 3 threads on biz? This is a buy signal alright. I can see premiums jumping soon up to 12-15% like we saw in the spring again.
Maybe I can find these mythical people paying 40% premium on silver, sell my stacks, and rebuy an extra 35% more silver at the going 5-7% premiums?

>>56708762
1pbtid

Seriously like, are there any purpouses for silver? Gold is used in tech and is more valuable in jewerly as well but silver? What were the expectations WHY would it increase in value?

>>56711144
I'll assume this is a troll but: Silver is used extensively in tech. Solder contains silver. Silver is used in most every electronic component people use like phones, computers, radios, car ECMs, etc...and is also used in EV batteries, solar panels, satellites, and weapons systems. A single tomahawk cruise missile contains 500oz of silver. None of that is being recovered. Gold is only used for specific electrical contacts but I'm pretty sure there are alternatives. There aren't as many alternatives to silver alloys for electronics though, or if there are equivalents, they would require an outrageous silver price before they'd be financially justifiable. Silver is necessary for every tech item you use daily and likely rely on and much of it never gets recycled. On top of that, most silver is produced as a byproduct from other mining, so it's harder to ramp up just silver production when needed.

>>56709050
>Silver is abundant

Not it's not

me love silver

>>56709202
>What is it with the orchestrated anti silver sentiment here??

Jews unironically

>Most arguments are very superficial and don't hold up.

They obviously won't work on any seasoned stacker, but they're not here for us. They're here to spread FUD and dissuade any potential new person from stacking. They don't want people escaping their carefully planned financial rugpull and CBDC prison.

They've been add it for months now, look at the current catalogue there's like 8 or 9 different ANTI silver FUD threads going right now.

>>56711770
Holy shit. You must hold so much silver...

>>56711890
picrel. It's your so called "inflation hedge". Price of silver discounted by CPI - the CPI number which we all know *understates* inflation (meaning silver has performed even worse than shown). The sole justification to buy silver is in the hope of a GME tier short squeeze.
>ITS LE... LE JEWS!
this is exactly what I'm talking about, this is the "logic" people use to buy silver: schizophrenia
>>Most arguments are very superficial and don't hold up.
You can't argue with cold hard numbers. The price of silver has done fuck all vs most assets, factor in the premium spread and anyone who has continued to buy in these market conditions is underwater by any conventional standard of accounting. The true "superficial" arguments are the schizo "comex is going bust", "JPM shorts are going to be blown" based on a single fucking week's worth of data which always, ALWAYS proves to be a cherry picked outlier. This is literally GME bagholder tier coping, with the sole consolation that the asset value is at the very least holding *most* of its value instead of diluting toward a zero limit.

>They've been add it for months now
maybe anons are just fed up with being sold a lie. Silver hasn't kept up with inflation the past few years, and if we are to believe that the CPI is understated, it hasn't kept up with *actual* inflation either. Best case scenario, CPI is "true inflation" and silver has actually just held it's value since the 70s. But what kind of consolation is that?

>>56711770
>Silver is used extensively in tech
so is aluminum, copper, and platinum. But the price of all these metals does not shoot through the roof because there is always fresh supply to meet the demand, and demand is relatively stable (as it should be in relatively complex supply chains). Silver's use as an industrial commodity is not an argument why the price should go up.

>>56708770
>>56712230
>hello fellow silver owners
>I still think in terms of paper receipts and numbers on a screen so I think I'm smart
>LE JEWS
You're retarded. Have fun staying poor while the silver chads have the last laugh.

what we gotta do is just keep buying silver. even if they ask for 100% premiums over spot we just gotta keep buying. the higher the premium we pay the more we show we mean business. spometimes you just gotta have faith.

I haven't gotten an answer for this anywhere. How are PM's a hedge against inflation when their supply is more inflationary than most shitcoins?

>>56712358
Lower premiums are more bang for your buck. Read a book nigger.

>>56712374
you aint know what your talking about you bankster globalist fuckbitch retard

>>56712369
Big bank price manipulation through paper silver.

>>56712388

>>56712331
>>I still think in terms of paper receipts and numbers on a screen so I think I'm smart
yeah I'm very "smart" for observing what is plain to see to anyone, that buying/selling physical silver requires you to pay egregious fees.
>but dude just HODL lel
picrel above
>but doze are just numbahs on ze screen
so is the price of literally everything in the modern economy
>BUT DEY AREN'T REAL BECAUSE...B...
schizo. phrenia.

>>56712557
>buying/selling physical silver requires you to pay egregious fees.
>not being able to buy at or lower than spot
Yeah retard confirmed. Have fun staying poor and sucking cock for silver dimes in 20 years.

>"investing" in industrial metals

>>56712369
I think the proper argument vs the supply inflation is to look at the demand side. The supply would not have grown without demand. But, that in and of itself does not prove it as an inflation hedge. If supply/demand are relatively balanced, it will hedge at least some inflation like any other commodity. But if the goal is to hedge inflation instead of consume it for industrial demand... gold is clearly the better option.

>>56708850
Silver was the common money of commoners, it's historical value has averaged an hours labor or so

>>56712607
>yes goy you will own nothing and be happy
Some advanced anti-PM shilling right there. Reverse psychology doesn't work on the initiated.

>>56712642

>>56712586
>not being able to buy at or lower than spot
I have not once seen this in the retail market, unless it were fake or diluted silver. Some anon mentioned buying institutional size directly through a vault with minimal slippage, but then you are playing "le paper silver" game anyway and paying a storage/insurance fee on top to have someone else manage it for you. Yet again the argument for buying silver falls into absurdity. Your best argument so far has been:
>Big bank price manipulation through paper silver.
which is literally just GME-tier MOASS cope. Yes, surely one day there will be a short squeeze on silver... there's short squeezes on literally every commodity given enough time for acute shortages to develop. The issue is opportunity cost.

>>56708762

>>56712660
now measure the performance of debt-based dollars against real estate, stocks, GOLD, and bonds, and tell me what performed best.
>b-but the numbers are fake because its all debt based!
then so are the numbers for silver. Pick your poison.

Reminder that anti silver shill is literally picking up drift wood and used condoms at south east asia

>>56712690
Buy silverware at yard sales you fool... fucking midwits I swear.

>>56712732
>dude just fill your entire house full of fucking junk
>bro trust me it's money
shigglerdigglydoo

>>56709202
>if anyone overnight stopped accepting anything but silver it would crash fiat!
You have fallen for a grift. BTC will swallow the world regardless how many adopt it

>>56712772
Silver isn't junk, unlike your opinion.

>>56712392
>p-paper!
It's an industrial metal, if you could paper manipulate down commodities they wouldn't need to drain the spr

>>56712660
Sooooo your argument is silver is worth very little? You don't buy a Porsche with an hour's wage, nor acreage

>>56712926
>>56712960
Sorry I'm not pumping your crypto bags. I'm having too much fun buying Shrek coins instead. What do you have to show for your stack, a bunch of numbers on a screen? Lol what a cuck.

>same copypasta every other day
I realize that the thread is just to rile up mouthbreathing silver investors and I want to add some more
just $50k of silver is 100 pounds (45 kg)
and the silly boomer fags in their thread (where they banned words "boomer rocks" because they're OFFENDED) and here show photos of 10 pretty coins for which they paid 20% over the spot price and cream their pants over it
the photos of any large number of silver are all notably old with jpg artifacts
this is very hilarious because the silver """investors""" are all poor as fuck

>>56713089
my favorite move is mentioning gold in a positive light and still being accused of being a JIDF agent by silver shills. Just goes to show that these people own absolutely no gold, no stocks, no real estate - only silver. Why?

>>56713181
Because we're not fools like you.

>>56713221
>he admits it

>>56713258
You can't even read correctly. I doubt you're even white.

>>56708762
If you dont have 100k liquid then stay away from pms. They're for wealth preservation not getting rich. And for those of you that day you've lost one its because you're fucking dumb or new. In 2002 silver was less than 4 an ounce and gold less than 400 an ounce. Learn to not fomo and invest with your big head.

>>56708762
Shoulda gone for gold OP. Silver has limited use case in a world of fiat and crypto. Gold will always be gold.

>>56713412
>2002 silver was less than 4 an ounce and gold less than 400 an ounce
>implying it's going to stay low for another 21 years
Absolutely foolish.
>>56713442
>crypto
Retard detected.

>>56713949
As the boomers die off it will go back to $3

>>56712331
> loses money for 8 years straight
> 'haha i will have LE LAST LAUGH'
where do people like this even come from?

and for the record i can pretty much guarantee that i own more silver than this retard, but i didnt buy it thinking it would magically 100000x and make me rich because im not a retarded loser

>>56714155
I hope it crashes to $3 so I can slurp more. Realistically it won't due to it being necessary in all modern electronics.

>>56713949
>crypto
>Retard detected.
'making way more money in the same time period makes you a LE RETARD. sure i could have easily made 100x more and just bought 100x more silver but....'

>>56712987
>What do you have to show for your stack
Freedom from the wage cage.

>>56714188
>>56714215
Prove it with a timestamp then. Pics or it didn't happen was always the rule. You're making these baseless claims with no facts to back them up. No one with two braincells to rub together would believe you without proof.

>>56712288
The difference is that silver is also a monetary metal in normal times, so the demand is not only industrial

>>56713181
Indeed. Gold has at least kept pace with actual inflation over long enough timescales

>>56714257
Source: BTC chart.
>post cold wallet
No.

>>56714288
>silver is also a monetary metal

Lmao you sure are good at repeating what the coin merchants tell you

>>56714343
>post cold wallet
>No.
Then you're a poorfag. I have more wealth in pic related then you ever will in your entire life.

>>56714321
So post your gold then.

>>56714673
>dox urself plox?
No.
>>56714691
Hold a simple conservative portfolio of 100% BTC

>>56714787
Dumbass. I'm not asking for an address I'm asking for a screenshot proving you own a respectable amount of BTC. Fuck you towelhead, you're just poor and being paid to FUD silver. Fuck your mother and go poo in the streets.

>>56714691
Based S&W enjoyer. I love their semi-autos, but prefer Ruger revolvers.

>an entire asset class backed up by nothing other than boomer facebook memes

>>56714828
Thanks my man. Ruger revolvers are great, but this particular smith is an heirloom piece from my grandparents. I took the smith, my little sister got the python. Discovered recently that the 19-4 is the model famously owned by Frank Sinatra, makes me love it even more

>>56714909
>heirloom piece from my grandparents. I took the smith, my little sister got the python
Based.
>>56714899
Backed by thousands of years of human history, fucking idiot.

Silver and gold are retarded investments, since the present system ALREADY OVERCAME them. Precious metals lost when they had more prestige and legitimacy, how are they supposed to beat fiat now? History does not go in reverse.

The only hope is something newer, something the fiat system wasn't prepared for, something they haven't defeated. Crypto is the only option - see that crypto gets actual gains while metals don't move.

>>56715710
The history of money is a cycle of gold/silver > debasement >crisis >back to gold/silver. You clearly have no understanding of history.

>>56715710
Silver isn't even an investment it's a guaranteed loser

>>56708762
KEK you fell for the precious metal MEME.

>>56711770
>. A single tomahawk cruise missile contains 500oz of silver
Why would a tomahawk missle need half a kilounce of silver?

>>56715823
It's vital for the batteries and electronics

>>56713181

>>56708762
KEK silverfags on suicide watch

>>56708799
this

>>56708799

>>56708762
>Retard OP used silver as an investment and not as currency

NGMI

>>56715794
Long-term, all asset classes balance out. History shows that for 5000 years, no class has skyrocketed indefinitely. Value and stability have natural limits and are moderated by disruptions. To understand this, you need to see a full asset cycle, including rare negative events.

If things were different, an ancestor could've just invested a few "worthless" silver coins in business or real estate, reinvested, and set up their descendants for life. Sadly, this didn’t work for most.

In the short term, over decades, leveraged assets and those close to credit creation, like stocks and real estate, have an edge. Early on, the rise in corporate value can be extreme, but this also applies to losses in failure. During major disruptions, stocks and real estate lose value faster than precious metals. However, if the market remains stable, precious metals gradually catch up to credit assets, though not linearly or quickly.

Every asset class has its time.

Finally, a piece of advice: The ability to create wealth and generate value is far more important than wealth itself. Those who can create value stay resilient and successful in any economy.

>>56716507
>>56715794
Let's crunch some numbers. Imagine investing $1k each in stocks and silver, riding them for a millennium. If stocks annually outperform silver by 7% vs. 2%, here's the mind-blowing scenario:

1,000 years later, your stock investment explodes to a cosmic $2.42 x 10^32, while silver lags at a measly $398 billion. This illustrates how unrealistic and unsustainable such a consistent outperformance is. Eventually, the universe of finance demands a balance. The differential between these asset classes must collapse, or we'd be living in a financial Twilight Zone.

Remember, bros, markets are about cycles and reversion to the mean. Betting on eternal dominance of one asset class is like expecting a meme stock to go 'to the moon' forever. Keep an eye on the long game.
Particularly now as AI is going kill of lots of service sector and software businesses and raw materials and physical assets are going to become much more prominent.

>>56715823
>>56715868
The missile knows where it is at all times. It knows this because it knows where it isn't. By subtracting where it is from where it isn't, or where it isn't from where it is (whichever is greater), it obtains a difference, or deviation. The guidance subsystem uses deviations to generate corrective commands to drive the missile from a position where it is to a position where it isn't, and arriving at a position where it wasn't, it now is. Consequently, the position where it is, is now the position that it wasn't, and it follows that the position that it was, is now the position that it isn't.
In the event that the position that it is in is not the position that it wasn't, the system has acquired a variation, the variation being the difference between where the missile is, and where it wasn't. If variation is considered to be a significant factor, it too may be corrected by the GEA. However, the missile must also know where it was.
The missile guidance computer scenario works as follows. Because a variation has modified some of the information the missile has obtained, it is not sure just where it is. However, it is sure where it isn't, within reason, and it knows where it was. It now subtracts where it should be from where it wasn't, or vice-versa, and by differentiating this from the algebraic sum of where it shouldn't be, and where it was, it is able to obtain the deviation and its variation, which is called error.

Honestly threads like these and the shills in them are very suspicious. Silverchads I believe we are quite close.

>>56716774
Agreed

Silver is a meme.
>psst hey goy ill sell you $25 worth of metal for $35
Imagine falling for this

>>56718118
>>56718144

Never before
never again
never
they lie they always lie
forboding
a month passes
the dream of a young moon
farcical laughter
blood pours from unending cups
the reign screams
at long last, the thrust punches through
6
3
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