Silver ;(

[Anonymous No.12919455]

Will this shit drop like a rock or is 15 bucks the new 5 bucks? Bought in barely a month ago and now doubting myself.

[Anonymous No.12919542]

>>12919455
>he bought some shiny boomer rock
you are an even bigger retard than all the LINK holders

[Anonymous No.12919562]

If you worry about price fluctuations over the course of a month, for anything, you're not going to make it.

[Anonymous No.12919566]

>>12919455
Just keep stacking.Whether you bought last month or in 2 months silver is a long term hedge. Give it a few years unless you thought you would get rich quick and flip it fast then that was a grave mistake on your part.

[Anonymous No.12919569]

>>12919542
unironically this

[Anonymous No.12920013]

>>12919455
lets see a pic of your stash

[Anonymous No.12920022]

>>12919455
5 bucks is the new 5 bucks

[Anonymous No.12920031]

>>12919566
Stop. It was $35/oz not that long ago. It's the original shitcoin.

[Anonymous No.12920266]

>>12920013

[Anonymous No.12920276]

>>12920266

[Anonymous No.12920277]

>>12920266
Look at all that Nazi silver!

[Anonymous No.12920279]

>>12920266
those are some heavy bags!

[Anonymous No.12920292]

>>12920276

[Anonymous No.12920307]

>>12920266
nice stacks
It boggles my mind silver isn't worth more as the dollar continues to collapse
I have 370oz myself and just can't justify buying more

[Anonymous No.12920340]

>>12920292
I have a bunch of these along with some british sovereigns
I find it interesting that silver tarnishes in just a couple years
100+ year old gold looking newer than ~2010 era silver
and I'm sure the gold had more circulation than the silver

[Anonymous No.12920354]

>>12920266
>>12920276
thanks for the exif GPS data, faggot. bet you can't wait for the 5 well armed gorilla sized niggers someone hired to kick in your door at 3am to come collect those bricks

[Anonymous No.12920383]

>>12919542
Link can fall to zero because it has no value. Silver cant because it will always have some value.

[Anonymous No.12920459]

>>12920354
I remember some anon mentioned ages ago that any exif data gets deleted by 4chin inbetween the upload and hosting process...
the least security measure you need for image boards that are literally doxxing prone

[Anonymous No.12920478]

>>12920354
I removed all relevant exif information. Besides, the silver is in a safe location and all the niggers would get is some Fedoracoin.jpg.

[Anonymous No.12920494]

>>12920478
Doesnt 4chan now automatically remove exif data?

[Anonymous No.12920511]

>>12920354
Except it’s removed retard. I bet you’re a real tough guy irl.

[Anonymous No.12920546]

>>12920494
Wasn't sure. Stack is save anyway.

[Anonymous No.12920556]

>>12920546
They did it after the burger king foot lettuce guy. Not sure why they didnt do it before though. Everything on this site should always be anonymous including images

[Anonymous No.12920606]

>>12920307
>It boggles my mind silver isn't worth more as the dollar continues to collapse
Likely it will increase once asset inflation trickles down into the real economy.

Picture unrelated shows price of Silver vs Dow Jones. Here one can see how titanic the spike in the 70s really was.

[Anonymous No.12920634]

>>12920606
From silvers current price level that would be a gain of 50-70x (x not %!!) in terms of US stocks.

[Anonymous No.12920695]

>>12920634
>>12920606
what caused that spike in the 70s?

[Anonymous No.12920716]

>>12919455
so dumb to buy shiny boomer stones
look at timeline of chart you posted
enjoy waiting 10 years for few dollar increase
what a waste of time unless you have 100k worth (doubt.jpg)

[Anonymous No.12920744]

>>12920716
lol i love when you zoomer retards come in threads.... this is an 18+ board pal, leave the discussion for the grown ups lad..

[Anonymous No.12920808]

>>12920546
and get a load of this guy
i hope you didn't register any of that because the gubment can and will confiscate all of it whenever they want, they can't get random goys become part of the nwo upon a wealth reset
and as we move even more toward socialism expect gubments to come down hard on any ways to get more taxes

[Anonymous No.12920871]

>>12920695
look up the hunt brothers
>>12920716
>>12920808
lmao are you seething because your shitcoin refuses to pump? the people hoarding silver sound less schizo than you and that's saying something.

[Anonymous No.12920896]

>>12920266
Literally heavyest bags

[Anonymous No.12920910]

Isn't that cup and handle?

[Anonymous No.12920957]

>>12920695
Some rich fags getting into stacking (They were like the richest people in the world just a decade earlier). They got killed by leverage because besides physical silver they loaned money to go long futures.

>By 1979, with every dollar increase in the price of silver, the Hunts were making $100 million on paper. But unlike most investors, when their profitable futures contracts expired, they took delivery. As in 1973, they arranged to have the metal flown from the US to Switzerland. Intentional or not, this helped create a shortage of the metal for industrial supply.
>Naturally, the industrialists were unhappy. From a spot price of around $6 per ounce in early 1979, the price of silver shot up to $50.42 in January of 1980. In the same week, silver futures contracts were trading at $46.80. Film companies like Kodak saw costs go through the roof, while traditional bullion dealers, caught in a squeeze, cried foul to the commodity exchanges, and the New York jewelry house Tiffany & Co. took out a full page ad in the New York Times slamming the “unconscionable” Hunt brothers. They were right to single out the Hunts; in mid-January, they controlled 69% of all the silver futures contracts on the Commodity Exchange (COMEX) in New York.

[Anonymous No.12920967]

>“The main factor that has caused corners to fail [throughout history] is that the manipulator has underestimated how much will be delivered to him if he succeeds [at] raising the price to artificial levels,” says Pirrong. “Eventually, the Hunts ran out of money to pay for all the silver that was thrown at them.”

>This proved to be an especially big problem, because it wasn’t just the Hunt fortune that was on the line. Of the $6.6 billion worth of silver the Hunts held at the top of the market, the brothers had “only” spent a little over $1 billion of their own money. The rest was borrowed from over 20 banks and brokerage houses.
>At the same time, COMEX decided to crack down. On January 7, 1980, the exchange’s board of governors announced that it would cap the size of silver futures exposure to 3 million ounces. Those in excess of the cap were given until the following month to bring themselves into compliance. But that was too long for the Chicago Board of Trade exchange, which suspended the issue of any new silver futures on January 21.
>Predictably, silver prices began to slide.

[Anonymous No.12921062]

Listen carefully to what this head of a mining company says at 3:24 and let it sink in. His all in sustaining cost is about $5 / oz and this is not one of the largest mining companies. That doesn't say anything about where silver is headed currently, but you won't see producers rushing to support prices until much lower.

https://www.kitco.com/news/video/show/BMO-Conference-2019/2303/2019-03-02/What-Happens-When-Gold-Silver-Ratio-Hits-85-Says-CEO

For a little extra information, the all in costs for gold at Barrick in 2016 were $798 / ounce. Just some helpful fundamentals to keep in mind.

[LitecoinWhale No.12921178]

>>12920266
>>12920276
pathetic

[Anonymous No.12921777]

>>12921062
>Listen carefully to what this head of a mining company says at 3:24 and let it sink in. His all in sustaining cost is about $5 / oz
Dude is the Hecla CEO. Not sure what e is abbeling about but Hecla's all-in sustaining cost per ounce of silver (a measure of production and investment costs) is $11.44. Although that's lower than the $15 per ounce or so that silver has been trading at recently, it doesn't leave a whole lot of room for error in a commodity prone to dramatic price swings.
And while their all-in sustaining costs are expected to drop slightly in 2019, with production projected to increase a little, Hecla remains a relatively high-cost miner.

[Anonymous No.12921876]

>>12921777
Probably he was referring only to their Greens Creek mine and not San Sebastian where they need like 17$ silver just to break even.

[Anonymous No.12922349]

>>12921876
Thanks, I did a little searching around and it seems roughly $10.50 is around the industry average now and $11.40 is what was reported in their second quarter results. $5 is way off. Maybe that was the best estimate of their best mine. I was watching that video to see what he was saying about the gold-silver ratio, but that stood out to me most. Let me know if you have a better source for the industry average.

[Anonymous No.12922360]

>>12919455
>will it drop like a rock?
It is a rock

[Anonymous No.12922418]

>>12922349
Reading here a little more than midway down: http://www.mining.com/web/silver-miners-q118-fundamentals/
It appears as though ~$5 is the cash cost and not aisc.

[Anonymous No.12922906]

>>12920266
>>12920276
>>12920292
>>12920478

Clearly you are already a fucking rich fag already so what are you stressing about? That's gotta be over 100k in PMs.

[Anonymous No.12923063]

>>12920277
Checked and based and nazipilled

[Anonymous No.12923507]

>>12919455
I started buying 5 years ago. My advice stick with it and keep stacking you will be proud of yourself in 5 years trust me.

[Anonymous No.12923816]

just got my 2nd kilo today i have a modest amount of silver us coins though

[Anonymous No.12924915]

>>12919542
>>12920716
Absolutely glowing paid shills

[Anonymous No.12925109]

>>12920546
>>12920292
>>12920266
>the day when shtf and all those coins go into circulation, and here i am constantly going through $20 rolls of quarters to see if the meme is real.

[Anonymous No.12926478]

you need to gamble with new projects for big wins, like Fleta