/biz/ - Business & Finance

Stack silver and gold

>Does anyone have the image showing how silver has devalued against bitcoin over time?

Kektop, here you go little buddy

Based op pic

Hey guys! I thought of doing a little throwback with this classic pmg banger

https://vocaroo.com/135UpwCZGQAK

Iqdeleeeeete, Wake up to pick up crab meat at the beach
He is a bitch born into poverty and knows only squalor, Iqdelete...
Iqdelete, he connects to mickeydees WiFi in a heartbeat
Later excretes in the streets under the mesquite
His favorites include deceit and conceit
Iqdelete, a true pajeet
Iqelete, he hates westerners that much we can see.
Envy stemming from living lifetime in poopoo and pee
Daily he shitposts to compete and still knows nothing but defeat
Someday just maybe his portfolio we shall all see
And know once and for all that there was reason for his name to be called...
Iqdeleete

Remember folx

Silver is slavery

Bitcoin is freedom

Crypt0 is just a bandaid for the brain surgery that's needed to fix the system.

>>59671334
Whew! In 2 more weeks muh collapse will be here and if not then, 2 more weeks. Good thing i protected myself by getting rich off crypto unlike those idiots who fell fir the obvious siler scam

>>59671375
>muh collapse
It's slow and gradually happening. Crypto is a symptom not a cure.
But enjoy playing with numbers on a screen while we buy all the silver and gold.

>>59671387
>It's slow and gradually happening

I agree with that but its so slow that its irrelevant
In your lifetime as they say there's lot of ruin in a country (between the levels of the USA and Mexico and Haiti) being rich insulates me from any problems. Silver just makes your life worse in every way

>put it in piles edition
Postin' on mobile 'cause the cold seems to have knocked the interwebnetz out

>>59671458
>Silver just makes your life worse in every way
No. It makes it way better
>no counterparty risk
>no digital ledger to track it, 100% untraceable transactions
>easily verifiable
>easily divisible
>cool to look at and can be shaped into whatever
Yeah it's a great asset to hoard.

CRYPTO INDIANS NEED TO FUCK OFF!!!

>>59671546
Well of course PM apes are stronger than crypto Indian rapists.

>>59671252

>>59671546
>mfw literal fucking monkeys are more civilized than street shitters

In your opinion, what is the biggest mistake Digital Currency Enthusiasts(aka Crypto Nerds) make?

>>59671704
Stacktards listened to Peter schiff and now they are brokies and not rich like me

>>59671704
Being gay by choice.

>>59671721

Schiff wasn't wrong about crypto though. It has no value, it's dumb. But people are desperate to get rich, so it's all one giant ponzi casino.

>>59671749
The funniest argument about it is that bee tea sea has more gains. It's all in fake funny money. The scarcity is non existent unlike gold. "Fart coin" has a "market cap" of $1.7bil. Something called fart coin. It's all clown world funny business. The trick worked. The fools keep needing to recruit bigger fools to make numbers on a screen go up.
I'm so glad I have the foresight to buy precious metals while I'm still young. Plenty of crypto gamblers will be back in the service industry after the next big financial collapse.

>>59671704
The nature of the problems in the financial system are debt based which makes the relevant investment decisions you need to make are between capital and credit. Crypto is a credit investment and when real-world scarcity shows itself these over valued capital assets will collapse in purchasing power and broad-strokes swathes of the economy and its participants will be impoverished in ways that have not been seen by anyone alive today.
Debts are IOUs and you do not want to owe anyone anything and you do not want to be owed anything as the sole source of your income/net worth.

Lol. I was rearranging some stuff in/on my workbench and came across some leftover silver powder.

>>59671792
>I'm glad I'm poor
>those rich people are gonna be poor in 2 weeks

>>59671165
what do you guys think about places like la rinconada?

>>59671844
Yes, be a good goy and keep contributing to the system.

>>59671926
Ahh so that's what it's about, you are a broke loser and blame the system and ur mad others used the same system to get rich

>>59671795
Yes, they, like most in our society, mistake financialization for actual economic activity.

>>59671792
Its funny. Bulls, Bears, Crabs... In the end they will all get ground into the same sausage all the same.

>>59672047
Why are all these stacktards broke when they act like they know everything? And why is the trump memecoin worth more than all the silver in the world

>>59672107
>And why is the trump memecoin worth more than all the silver in the world
It pretends to be. Trump will ultimately kill crypto with that maneuver.

>>59672132
>Can see into the future yet still a brokie

Imagine your so terminally poverished that you actually worship fast food. LOL

>>59671290

Glad everyone enjoyed the Angels. I am going to be doing more market research before picing the next design. I am going to do a bit of a higher mintage for the next one. GoldBacks will be coming; I am still waiting on my shipment.
>Looking forward to seeing more of the angels in the wild
>Thank you pic anon

>>59672242
I love ai. The soda is burger flavored. That can, is full of grease

I'm making gains on the PM's I own, but I'm mad because it's too expensive to buy more -_-

>>59672299
Same. Stacking when silver is $18-24 is easy mode. It feels like you are spinning your wheels wasting your time until you see the price rise. It's nice and comfy but suddenly you can feel like your wages don't go very far when silver price starts moving up. PMs are wealth. It is the holding pen and the safety asset to own. Seeing the price run away is a little unsettling to say the least.

>>59672299
>>59672326
You lost 80% on silver and don't own any gold. The way to make money on metals is to sell them to retards like yall

>reminiscing

>>59672368
>The historical ratio of gold is 15:1
>The mining ratio is 8:1
>The current GSR is like 85:1.
Silver is extremely cheap relative to gold. And I like gold and want to own a lot of it. That is why I buy silver. When the ratios get closer to reality I will sell silver to buy gold.

>>59672405
Silver is cheap because there's a glut of 60 billion ounces. That's a 50 year supply that's why you are poor and I'm rich

>>59672415
prove it

>>59672415
I don't think so you sound so convinced in your choice of investment compared to mine. You're almost pleading with /PMG/ to concede and your confusion angers you. You know we both can't be right, that much is obvious. You've got your outlook and it frightens you that people do not share in your optimism but also defy it. We do the opposite of you and you can sense the danger that looms.
Not PMchads. We can fully account for our wealth and the bankrupt government and bankrupt banking system has limited opportunities to confiscate our wealth because so much of it is withdrawn from the ponzi scheme they are operating. Don't take it from me, either. Maybe the former Fed Chairman can shed some light on the situation:
>pic rel

>>59672451
You are a shill selling garbage rocks and goldcux to naive losers on pmg at obscene premiums. Know your place

>>59672368
oh no. i'm poor

>>59672485
>You know we both can't be right, that much is obvious
>>59671252

Kektop!

>>59672516
>kektop
Trying too hard to fit in there sar. I will not be redeeming my silver.

59672502
I cobbled together an entire supply chain, disrupting the precious metals industry, Formulating newly invented business models, accounting, legal papers, auditing, quarterly reports, analyzing market trends, physcially showing up to every dealer between Florida and California. I have been putting in the god damn work. Running myself into the ground to get the most beautiful pieces of silver out on time. I look at people like with so much disgust and it makes me produce bile. You wanna know what my place is? My place is putting your teeth into the fucking concrete curb and stomping with all 9000 newtons of pressure. My place is taking you to the fucking mat, where I bend every bone in your body until it fractures. My place is ensuring that you experience the misery you so want inflicted upon yourself. My place is up on the balcony overlooking the Gulf of America, with friends, family, and business partners. You know why you could never attempt to attempt to work towards the achievements I have made. You couldn't comprehend the very serious follow through I have.
>Mentally Ill Faggot. You are so fucking ignorant you think your best place is in the bottom of a happy meal box harassing teenagers at the mcdonalds
There is a reason you are on here for social interaction. Because you are to inept to have a real conversation with anyone who is physically surrounding you. Most likely due to you your lousy personality and horrendous attitude. I bet you got shit hygiene too; pajeets usually do.

>Silver is cheap because there's a glut of 60 billion ounces. That's a 50 year supply that's why you are poor and I'm rich

>>59672415
now prove it you uneducated neet

>>59672415
You're wrong, again, but you knew that already.

How many ounces of Silver went into making this thing?

How many ounces of Silver you think the Ayy lmaos would want for one?

>>59671066

>>59671066
>Yes it's called having a moral fiber. You refuse to partake in anything evil or scammy, no matter if you can profit from it.


Interesting since there are multiple coin merchants in these threads shilling and selling and taking advantage of naive young men and you have no problem with that and your low IQ racism and hatred is certainly not morally correct. Methinks you are just coping for your own losses or are a silver scammer yourself .

Obviously there's a huge glut of silver that's why it's so cheap. Lmao stacktards have all their charts proving it's superduper valuable but it's down 85% and y'all lost money. 60 billion ounces glut is a low estimate it could be 10 times that much

Stacktards believe everything the coin merchants say that's how dumb they are and that's why they are brokies

>Stacktards believe everything the coin merchants say that's how dumb they are and that's why they are brokies

>>59672868
>He already responded in the last thread
>5 hours pass
>oh wait, I uh think I have a better argument than "I win"

It took you over five hours to put the last remaining braincells together to type something else, eh.

Does this dude ever sleep?

>>59672813
This is why they hate silver so much, because the manipulation of the economy to service the banking-ponzi has created scarcity so detrimental it could invert the value of gold and silver. Silver is too useful to business and the stability of the monetary system for the price to move higher. (They want to keep investors and speculators in financial assets that don't put real-world demand on depletable resources)
Now we find ourselves in a place where the price has been so low for so long that our inventories are dwindling and no new silver deposits are being developed.
What is going to happen to the banking system if the price of silver moves into industrial status tier precious metal like Pd or Pt? What happens if the GSR closes so narrow that even the collateral held by banks can be easily traded in to because silver is in such demand? Even a peasant walking around could afford silver in such a quantity that you could even see them walking around with kilos and even 100oz bars of gold. Suddenly the banks, which should be stores of capital, may not even be able to revalue gold to eat the debts like they did in 1933. Maybe something is fundamentally broken that we don't quite understand.
thoughts?

>>59673039
he employs bots

There hasn't even been 60Bozt of silver mined in all of history frens. Pay it no mind. Most certainly don't give it any (You)s.

>>59673091
The increased demand for silver could lead to an easing of liquidity in markets, as more financial transactions are conducted with silver-backed collateral. As silver becomes more popular and valuable, speculative trading in silver might increase resulting in higher price volatility. This could disrupt the metals market and create speculative bubbles especially if demand is driven by fear of inflation, financial instability, or a desire to hedge against other assets. With banks and institutions needing large amounts of silver for collateral the increased demand could strain global silver supply chains pushing prices even higher.

>>59671616
Check the CEOs

>>59672405
1:1 GSR is the ultimate return to proper weight, measurment and sanity.
There is currently 6 times more gold above ground than available silver for industrial demand. To that effect GSR should be SIX OZ OF SILVER /ONE OZ OF GOLD.
But there is roughly the same amount of underground reserves as theres above ground gold.
Hence 1:1 GSR is the ultimate balanced ratio for precious metals.

>>59673091
The government sells you silver with its logo on it because it keeps you broke and harmless, a slave to the system. Fact 100% of stacktards are broke and depressed losers

10 years of pjg, where are the success stories.hint their are none

Average loss by stacktards is 80%

>The government sells you silver with its logo on it because it keeps you broke and harmless, a slave to the system. Fact 100% of stacktards are broke and depressed losers

Ever wonder why its slower here? probably because we all migrated to the discord server. If you know you know. those who don't, sorry; don't want to post for the pajeet

>>59673400
Hey, that's cool.

>>59673400
Good, why don't you go there exclusively and stop ripping people off here with your hideous looking silver garbage

>>59672961
>5 hours pass
>oh wait, I uh think I have a better argument than "I win"
i kekked so hard

>>59673424
Stay ass blasted and left out.

i like gold and silver over other investments because its pretty to look at and i can touch it and stuff

>>59673458
Gold is now over 2750 an oz. The children of today never stood a chance

>>59673458
I got rich by not buying silver it's a scam

>>59673474
Kids today can get rich off bitcoin, meme tokens or starting a business. Retards who buy rocks are permalosers, incels who gave up on life

>>59673478
>>59673474
theyre pretty and i like looking at them

Shouldn't you Cats Fucking start selling all your rocks and get yourselves some real Fucking digital assets! Get yourself something that has value! Don't be Fucking Tookens!

why yes, i do not use discord because i am not a tranny. how could you tell?

>Kids today can get rich off bitcoin, meme tokens or starting a business. Retards who buy rocks are permalosers, incels who gave up on life

>>59673400
ya no thanks

I'm gonna buy junk quarters and dimes when I get paid Friday

>>59673493
>Retards who buy rocks are permalosers, incels who gave up on life
That's funny considering offering said rocks to women have been the main mating call of humans for the past 8,000 years. You are even considered married the second you put said rock on a woman's finger (OG proof of ownership before your gay ledger shenanigans).

>>59673657
Wagecucking for rocks
>>59673793
>offering said rocks to women have been the main mating call of humans for the past 8,000 years. You are even considered married the second you put said rock on a woman's finger

Lmao you fell for a mercury dime meme variant, that's really funny because you didn't read that on an incel forum you read that on a simping forum

>>59673520
Todd is desperately trying to fit in but just doesn't get the culture. He's obviously lying but had no clue people would react that way

>>59673879
>ID
>IQ 3
It's unironically amazing how these RNGs truly do reflect some sort of reality about the nature of who is posting. I think there is something real about this whole kek thing related to frogs sitting around front of computers in the year 6million BC

>Lmao you fell for a mercury dime meme variant, that's really funny because you didn't read that on an incel forum you read that on a simping forum

>>59673912
He also has bedo in the tag. Literally shit and low iq

>>59673912
>"truly do reflect some sort of reality about the nature of who is posting."
>look at my ID
>6+ Guy
Can confirm

Openly deceiving people and the universe can reflect the negative karma he accumulates as he amplifies his misdeeds through mass communication.
I'd be rethinking my life IQ when the universe seems to have given you a name that you can't seem to shake. God have mercy on your soul.

>>59673912
Yeah my original id was misinterpreted it was IQ Elite. IQ 3 means 3 standard deviations above normal, which explains why common sense to me like 'don't pay 40% to 380% premium for a commodity' takes stacktards 4 years to process. Don't worry I try to go slow with these concepts I will never give up trying to save my people

>>59674099
kek, never stop brother.

People losing everything including crypto and seed phrases in the CA fires. Gold and silver melting points around 1000C and the average house fire is around 600C. It's really funny that crypto maxis have to ironically put seed phrases on metal to make them fireproof.

Except this one chad who listened to Mario and his gold and silver survived the fire.
https://www.youtube.com/watch?v=Lpvh1eOZ9UM

They still finding gold coins that survived fires from 1,500 years ago.
https://interestingengineering.com/culture/1500-year-old-gold-coins