/biz/ - Business & Finance

If you have 367toz of silver that puts you in the 1%.

>>57583153
100toz for a nice older house and acre of land. Worth roughly $250,000 when the true revaluation is allowed.

>>57583183
TIL I'm 1%

>>57583153
You can't "make it" with silver since the value of it only goes down over time. Holding silver you lose money even faster than you do holding fiat. It's THAT bad. Read picrel.

>>57583194
>when the true revaluation is allowed.
~9toz will get you a house and an acre when that happens.

>>57583153
based real money enjoyer.
>"make it" stack
its your personal savings account that actually belongs to you; personally the least I have in each stash is enough to cover a few months worth of bills.
>1/3 cash 1/3 metals 1/3 digital money
is what some would recommend however I have zero trust in the digital tunnel dwellers' scams.
Im at maybe 70% metals 29.9% cash and anything else is forgotten in a 401k
>captcha r4dawn

>>57583214
>Holding silver you lose money
Don't listen to this retard OP, silver IS money.

>>57583214
This dessu, once you do the math the brutal reality is undeniable.

200 oz. It's not a make it stack, though. It's your catastrophic injury insurance. Gold is your general insurance. Silver is your insurance for if we go back to the fucking dark ages overnight. Like no internet, no cars, no government kind of SHTF.

So you don't need much. Just like you don't need much catastrophic injury coverage in your car insurance package. It's for the very very very worst things that could ever happen to you. Like ending up paralyzed from the neck down for life. That's what silver is for - the economic equivalent of that.

I love silver, but you don't need very much at all. A little bit is just fine. Then buy some gold. Then put the rest stock indexes and BTC and ETH. Income producing real estate too, if you have a lot of money and know what you're doing.

>>57583220
>391paper claims × $22.5 spot price=$8, 797.5 true value
>9toz x $8, 797.5 true value = $79,177 true value
I don't know of any houses on an acre for $79,177 but you do you buddy. Also, this number doesn't take golds valuation into account, so it will be slightly less assuming bimetallism is implemented for claims on assets.

>57583214
>iqdelet

>>57583220
>>57583306
I mistyped I meant 29, sorry. Have a Shrek round fren :)

>>57583293
This is fine advice if you're exclusively pepper stacking, but silver has a much MUCH larger upside than gold as a revaluation play. The real ratio should be around 1:15 or 1:16 not the clown world 1:95 we have now. When revaluation happens gold pumps and silver moons.

OWdq5 is the same as this guy here, he bought btc at the hight and then panic sold, now he sleeps 5 hours a night, he was spewing the same stuff on biz literally all night -this guy has not slepts for more than 5 hours in years. lately he has been sleeping 3 hours a night snooping for silver forums.

>>57583313
>iqdelet
We don't talk about him outside of /pmg/ fren.

>>57583327
Based. Carry on fren.

always remember pic related

>>57583334
I love silver and expect it to do well. Probably very well. Hell, I wouldn't be surprised if the silver squeeze guys are right and shit goes to 2000$ an ounce.

But my opinion as a person who has been in the market for more than 10 years is that no portfolio should have more than 10% precious metals. I keep less than 5%.

At the end of the day it's just a hunk of metal it doesn't DO anything. Crypto is risk on play, in my opinion.

>>57583371
*Crypto is THE risk on play

>>57583371
Sure, I agree with you. Everyone needs to evaluate their own risk tolerance and needs, but as a general rule of thumb, if you're younger go silver heavy, if you're older go gold heavy, and if you need to move frequently go gold heavy, but if you have a steady house and storage, go silver heavy. 10% is extremely generous when you start to get into the higher nw areas like $1,000,000+.

>>57583439
My NW is $300k at 31, I own $26k of PMs, 8.6%.

>>57583306
Appreciate all the analysis here, but I left the west a while back and now reside in the developing world. Where I live has the highest quality farm land in the world and the growing season is 11 months of the year. Maybe even all year depending on what you grow. I could find you a property of probably 10 or 20 acres with a decent (small) house for that amount of money.

>>57583371
silver and gold are used in industrial processes where they cannot be replaced by other elements. 99.9% of crypto has no use case. youre argument, and youre reddit spacing, make you a niggerfaggot.

>>57583501
Correction: 10 or 20 hectares, not acres.

>>57583506
None of those things have anything to do with why gold and silver are valuable. They are valuable as monetary commodities. Bitcoin is also a monetary commodity. So is ETH, I suspect.

>>57583439
Good points. I'll take that into consideration, thanks.

>>57583220
crazy, and im a huge silver bull
personally i think silver can hit $500 - 1000
at that point an average house will still be $500k -> 1M depending on where in the world (USA as we are talking dollars) you are.


>>57583293
big nose hands typed this post

>>57583313
im iqdelet's biggest fan, kek

>>57583340
biz will become a pmg board in a manner of time, patience fren

>>57583371
this, i have so much crypto, and my portfolio has done a 5-7x its becoming time to take some profits into physical money (i have a miner portfolio and im not buying more)

>>57583439
fuck gold, its a banker metal, barely used at all in industry (in meaningful volume) meanwhile silver was demonitized becase we need it so much

>>57583499
That's nice but the glowies are listening.

>>57583561

>>57583677
here is a meme

>>57583214
>tHeY sTeEr yOu aWaY fRoM mEtAlS
>gOld bAd tOo
>>57583564
here he is in another thread claiming to be constantly buying crypto at another high, again (he did the same in late 2021)

>>57583153
200 lbs

>>57584023
Glowies can give me a rusty trombone.

Why is every goldbug and silver schizo I have ever met a schizophrenic lardass? Seriously, a guy at work used to go on about stacking silver for when SHTF and how he would be king shit but he is more likely to die of heart disease before any kind of event. In any case, what would he even do to stop from just being robbed by a much faster, stronger, and obviously smarter man?

>>57583153
zero. don't fall for this pathetic scam like I did. lost $5k on this crabdumping piece of shit. the bull case for silver is complete schizoid tier shit and you're missing out of massive gains in the stock market or btc

>>57586139
>schizophrenic lardass
Hey, I might some wacky world views, but at least I lift.

I believe that in 2023 the proper portfolio pays homage to exter's pyramid. PMs should form the foundation of your portfolio. The fundamentals are so strong on silver than you can see it is an easy 10x just looming. The political and fundamental factors of silver are the reason why it is so desperately contained. A $400 flatscreen TV has 2 ounces of silver. Now imagine what that could do to the price of a product? EVs have silver by the KILO. Apple products use loads of the metal and will never tell a soul how much they buy. Military warheads can have 100s of ounces. And just recently solar panel usage is supposed to explode this year to "HALF"(?!) of all silver mined this year. Some 400M ounces. That's not even possible. The amount of silver you can give to ever human from the yearly mining is like the size of a penny. 3-4grams.
I want as much of this shit as I can get my hands on. And I also realistically understand I could be holding onto this for 10-20 years. But I have the peace of mind that my future self is secure no matter what happens to the global economy. I am now free to invest in crypto, meme stocks, PM mining stocks, and even dividend nonsense just to be a comfy boy in the present. It doesn't matter once you hit a certain threshold.

>>57586558
>It doesn't matter once you hit a certain threshold.
Only when you have 10000toz do you have my permission to stop stacking.

>>57586591
Oh, I'll never stop. I've never actually heard a good argument how the U.S. financial system is going to go bankrupt we're all going to somehow be ok. I think a look at the Great Depression and the thirties is going to be quite instructive on what to expect. America didn't find some magic economic panacea that put us "post scarcity". All we did was ruing our country by spending. The U.S. economy hasn't grown without a net increase in debt since 1983. So that is a 30+ year tab to pay for, and if we look the revaluation of gold in the 1930s those who held gold outside of the banks profited handsomely. The banks fear deflation and when they need to FORCEFULLY inject higher prices they revalue gold. It's really that simple. You can't go broke if you just turn the people's savings into funny-munny. Banks just need to survive, they actually don't even really care.

>>57583214
fourth post best post

>>57584233
>steer away
Can't read, can you? The anon in the screenshot wrote the exact opposite: he wrote they're trying to steer you TO metals – to silver specifically.
>gold bad
You really can't read can you? The anon in that screenshot defended gold. He wrote gold is GOOD because gold at least goes up in value over time as opposed to silver. And notice the filename of his last pic which is "Go all in on silver! BTC and Gold are bad!" (meaning the jew in that pic is saying that) – so no, he didn't write that gold is bad.

For me it’s
50% metals
50% cardboard

>>57583153
1000oz minimum is needed to make it. And have at least 10oz minimum of gold.

>not being an LCS to sell "sound money" to retail
>>57586210
many such cases. only dealers win. anons WILL get burnt by premiums as well

>>57583153
top 2% chadlet reporting in wagmi bros

The silver price is controlled by bankers. It will never moon

>>57587219
Naturally

The only people I know into silver IRL are climate-denier boomer tradies who somehow manage to still be poor despite wage-slaving their entire lives during the best economic times in human history.
If you want to come out on top during a SHTF scenario, buy ammo and tinned food and get friendly with your neighbors.
If you want to increase your wealth over time, buy damn near anything else.

if you want silver as a hedge against le collapse, you're better off buying a cabin innawoods, learning how to grow/forage/hunt for food, buying a water filter, and buying guns/ammo

>>57588343
>anything but silver amiright fellow vampires

>>57583153
>making it
>buying silver
Pick one.