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/biz/ - Business & Finance

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17667153 No.17667153 [Reply] [Original]

Higher than during WW2

>> No.17667718
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17667718

100

>> No.17667780
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17667780

100.344 put it in history books.
Silver is ready to depart.

>> No.17667805

>>17667153
>>17667718
>>17667780
Is it time to buy gold?

>> No.17667833

>>17667805
How are retards like this even alive?

>> No.17667879

>>17667805
Silver was cheapest it was almost ever. Now it will chase gold price.
Who knows it might reach 40% of gold price, $670/oz.

>> No.17668980
File: 484 KB, 2757x1961, 20200309.silver.1w.200-ma-support.png [View same] [iqdb] [saucenao] [google]
17668980

For what it's worth, silver had its 1w SMA golden cross today, and price is above both the 1w 200 SMA and the 1w 200 EMA.
The last time price was above both the 1w 200 SMA and the 1w 200 EMA was March 2013, so this is a bullish sign for silver.

>> No.17669062

It's only a matter of time before investors see silver as a cheap alternative to gold near ATH. Silver will shoot up 50% a day.

>> No.17669071
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17669071

only subhuman retards would buy silver. notice how these silverfags constantly refer to their precious little ratio chart, as if past ratios have any bearing at all on the future. watch them shift uncomfortably as the ratio extends even further.

only gold matters. silver is for little faggy coin shop jews.

>> No.17669377
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17669377

>>17667153
Silver will never go higher then $18

>> No.17669488
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17669488

>>17669071
>>17669377
>do not buy the all time low of silver
>silver does not outperform gold every time
You kikes are so low energy its hilarious
>bragging about a 600 credit score
What a fucking idiot kek! 18 year olds who just opened up a credit card yesterday have a higher score than you

>> No.17669641
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17669641

>>17669488
At least when you die someone who finds your silver stash will have their life turned around for the better keker

>> No.17669713

What does it mean?

>> No.17669741

Hey guys, Golden Eagle Coins has war nickels at about a buck under spot
https://www.goldeneaglecoin.com/item/35-silver-war-nickels-circulated-roll--_40pcs
And random year ASE at $1.99 over spot if you're into that.
Thinking about getting a few rolls of nickels when I get off work.

>> No.17669780

>>17669071
They beat him to death, anons. All he wanted to do is sparkle in the sun and his poo in loo bredren beat him to fucking death.

Hurts a lil, t.b.h

>> No.17669804

Look at the FRM/ETH ratio.

Now that. Is a fucking BUY.

>> No.17669831

>>17667879
not a chance
you don't realize how many silver bags there are

>> No.17669865

What about the ammunition:toilet paper ratio???

>> No.17669912

>>17669865
I'd say a 4 pack of Charmin is worth about 20 rounds of 556

>> No.17669994

>>17669912
>I'd say a 4 pack of Charmin is worth about 20 rounds of 556
use a rag and a bucket of chlorine water, spare the ammo

>> No.17670064

>>17669831
There is only one bag that matters. Jpmc bag.

>> No.17670107
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17670107

There will be days coming where silver will move $5 in one day. There will be violent swings but silvers time is coming. Hold tight.

>> No.17670128

>>17669831
most of it is paper silver that doesn't exist and people calling delivery on those contracts would inflate the price even more

>> No.17670129

>>17667805
Are you seriously asking if it is a good idea to long the top? on /biz/!

>> No.17670152
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17670152

>>17667153
The gold/silver ratio is interesting, but it's difficult to use as an entry signal. As recent history has shown, the ratio can get very high without a bull run ensuing.

>> No.17670201

>>17670152
It has a chance to build momentum, but it could also be flat for a while too.

>> No.17670263

>>17670107
i got 220 of those, that's my stack. they aren't as pretty as some of the other bullion coins, but at least they don't have the goddamn queen on them.
only complaint is that i really hate the euro and 1,5 is such a silly face value

>> No.17670294

Just bought 20kg if silver guys. This is all I have, I hope you're not shitting me.

>> No.17670446

>>17669831
You understand that the entire actual physical silver market cap is literally micro, right? Don’t let all these stackers fools you, they can all go to the coin shops tomorrow at $1,000 an ounce and wouldn’t hurt Anything.

>> No.17670472

>>17670294
Good for you. We are not joking, silver can start chasing gold price any time now.
There is small chance ratio will go beyond 100 but that NEVER happened.
Historicly silver was as low as 1:1 with gold, but 1:8, 1:16 was normal in old times.

>> No.17670527

I'm aiming for 5-10% of my portfolio in precious metal, you guys think its time for silver?

>> No.17670838

>>17670527
Today is the day silver was cheapest in 30 years, so yes.

>> No.17670938

>>17670294
>20kg of silver
nice, i'm jealous

>> No.17670979

>>17670938
Not even 1000 oz. Silver is cheap.

>> No.17671067

>>17670979
well i'm actually a NEET

>> No.17671083

>>17670979
643 oz

>> No.17671093

Where do you all order from usually?

>> No.17671139
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17671139

>>17670472
Yup any time now just like any time now the sun will run through what remains of its hydrogen and helium reserves and die

>> No.17671145

>>17671093
JM Bullion
anywhere if fine if you can pay close to spot and they don't scam you

>> No.17671152

>>17671093
celticgold in europe. i've ordered 3 times, no problems

>> No.17671223

>>17671145
Looking at them earlier. Are coins or bars better or just go for those near spot cost? I only have coins from parents at the moment.

>> No.17671226

Or European Mint in Eu

>> No.17671405

>>17669831
> "Hello? Yes, I'd like to receive my physical silver I've bought over the years. Yes, direct delivery to my Bank's vault. What? You don't have it? Any of it? It never existed? Well, then you better get it somehow or you're all going to prison."
> "Shit, Rabbi, what do we do? Should we just market buy silver, swallow the loss and send it to him? But if we do that, the price of silver will go up dramatically. We're fucked one way or another, so let's just avoid prison."

You've missed BTC, you've missed ETH and you've missed LINK. Don't miss out on Silver.

>> No.17671431
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17671431

>>17667153
Silver is never gonna be higher than $18.

>> No.17671569

I already have 250 oz of silver and plan on buying 9 oz of gold am I going to make it?

>> No.17671592

Has gold even crashed?

>> No.17671611

>>17670294
I've got 23kg of sliver too but i'm so tempted to sell to buy up the lows in Bayer AG. That moon after 2008 and Chinese industrial use start ups is stopping me, plus there's a literal super moon tomorrow, gonna be very bright. Think i'd kill myself ff it moons after i sold.

>> No.17671644

>>17667780
It is departed and will never return again. Gold left silver behind forever.

>> No.17671796

>>17671223
Coins from your country are legal tender, so can be tax free.

>> No.17672375

>>17671796
IRS still has to pay tax, there a few states that recognize it, but not mine.

>> No.17672420

>>17672375
I meant when you sell it they have that capital gains tax.

>> No.17672423
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17672423

Is it just me or is Platinum starting to get cheap enough to consider?
Also, where's /pmg/?

>> No.17672526

>>17672423
I think platinum has 15% more to fall. But it is a great buy.
Platinum market is $0.3 trilliin, gold is $3 trillion.
Platinum is 20 times more scares.

>> No.17672561
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17672561

>>17669377
I'm black and outperforming you.

>> No.17672650

>>17670129
Brainlet here. Pls explain this

>> No.17672688

>>17672561
Jokes on you nigger that guy is a fellow shitskin

>> No.17672694

>>17672423
Load platinum in the $700 range. It will get there over the next couple months when the economy keeps tanking

>> No.17672703
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17672703

>>17669377
>>17669488
I mean it’ll atleast more than double or triple in value for a brief moment of time.

>> No.17672818
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17672818

>>17672561
>tfw destroyed my credit score in order to pick up multiple rental properties
Enjoy the matrix, plebian.

>> No.17672836
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17672836

>>17672703

>> No.17673319
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17673319

>> No.17674651

>>17667833
Ask the Russians.

>> No.17674721

>>17672650
gold/silver/stonks fluctuate in value. buying now is like finding out that there's a sale at a shoe store near you and then arriving just in time to buy the last pair for double what it's normally worth

>> No.17674728

>>17672818
Give us your formula

>> No.17674756

>>17670129
Why would you expect anything less?

>> No.17675050
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17675050

>>17667153
You don't understand the market, you just look at some numbers.

Bars/coins/ETCs only count for 19%. Silver demand is heavily dominated by the industrial sector (55%). If you had checked that this demand declines more and more, you would have realize that silver won't climb back to old highs. In fact, the industrial demand will continue to fall because of the upcoming global recession.
That's why gold continues to rise, but silver doesn't.

>> No.17675716

>>17675050
As if thats gonna matter when the bankruns start
People are going to start buying silver

>> No.17675722

>>17674721
Doubt it's returning to early 2000 prices

>> No.17675844

>>17675050
why will the industrial demand continue to fall?

>> No.17676023

>>17675844
The types of goods silver is used in are in declining demand and/or silver is replaced with other raw materials. Short-term there will be less demand because there will be less production and economic activity (recession). Additionally, the silver jewellery production is going to drop (jewellery doesn't count towards industrial demand here). A drop like in 2009 will likely happen.
I mean, the demand could shift towards gold-type of demand. But I think this is unlikely. People will instead buy gold as their currency of choice. I can only see silver as a second currency to gold if the paper currency system fails entirely, which I think is unlikely short to mid-term.

>> No.17676653

>>17675716
>this is what silverfags believe

people will stake their faith on gold, not some poorfag silver metal. believing otherwise is pure cope from coinfags who bought overpriced bullion above spot lmfao.

it's either gold or nothing.

>> No.17677197

>>17676653
All metals have intrinsic value, even iron.
Silver won't be $1000oz soon but it's still a decent way to store your wealth alongside Gold (or any metal really)

>> No.17677265

>>17671405
That scenario is what got Hannes Tulving into trouble:
https://www.justice.gov/usao-wdnc/pr/federal-judge-sentences-coin-and-precious-metals-dealer-and-his-company-defrauding-over

>> No.17677466

>>17677197
I don't doubt that anon. but gold is less volatile and more desirable. there is an abundance of silver out there and this can really tank the price.

>> No.17677548

>>17672423
Here we go


/pmg/ back up and running
>>17677459

>> No.17678100
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17678100

>>17672423
They're in their bunkers lmao
shit's about to get real scary when the government stops working and the EBT runs out

>>17672561
AYE YO HOLD UP FREEDOMS AND SHEEEEEEIT NIGGA
POP POP POP NIGGA AYYEEEEEEEE POP DAT BOOTY WHTIE GURL SHEEEEIT
SKIRT

>> No.17678218

Also, JP morgan has a fucking war chest of physical silver that I am betting they dump to cover their ass. You will see silver sub $14 if JPM dumps their HODL

>> No.17678277

>>17678218
>this was the plan all along
If Jamie bites the dust, imagine how quickly this shit will spiral out of control lmao fuck the jew bankers and faggot ass government

>> No.17678883

>>17678100
>SHEEEEEEIT NOW YOU SPEAKEN MAH KINDA LANGUAGE HONKIE.

>> No.17680228

>>17669741
War nickels suck. Only 35% silver and hard to sell.

>> No.17680313

>>17675050
Modern technology absolutely requires silver. Every single IoT device requires silver. Medical advances require silver. War requires silver. There is no more strategic stockpile, it was sold off to suppress the price. The market could experience a supply shock at any time.

>> No.17680363

>>17680313
Put your trip back on SWW,we all know it’s you.
JP Morgan’s war chest is real,the whole reason they’ve been keeping the price suppressed is to make it bigger.
They ain’t selling real silver to suppress the price,they’re selling a kiss and a promise and that’s how they’ve been able to keep it up so long

>> No.17680897
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17680897

imagine if corona gets out of control and the only thing to stop it is colloidal silver, masks lined with silver, air purifiers with silver mesh filter layer, etc. etc.