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/biz/ - Business & Finance


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12599212 No.12599212 [Reply] [Original]

Silver is not undervalued. IT doesn’t carry a “monetary premium” anymore for several reasons. For example gold would be worth $100 if not for the 10x monetary premium it carries because of it’s stock to flow. Issuance has stayed at 1-2% for 6 thousand years. Many people think gold and bitcoin are competing because they possess similar characteristics. It’s these characteristics of money that have dethroned silver has a monetary metal now that there’s 2 better options: gold and bitcoin. Silver used to be the next best thing. Now it’s not so it’s reverted back to its true industrial value. This is why boomers are going to be befuddled in 15 years on their deathbed when silver is still $15 or less. And no it’s not going to moon 10x lol.

>> No.12599356

>>12599212
>For example gold would be worth $100 if not for the 10x monetary premium it carries because of it’s stock to flow.

LOL preciouis metal shill try $0.01

>> No.12599506

>>12599212
>>12599356
>Two retards entered the lobby.

>> No.12599535
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12599535