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/biz/ - Business & Finance


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17996695 No.17996695 [Reply] [Original]

Silver is roughly 19 times less rare than gold, yet the gold silver ratio is over 100 at the moment. All statistical projections show silver’s industrial demand growing quickly in the future primarily due to its use in electronics and photo voltaics.

I own a bit of gold too, but who can reasonably argue that gold is better than silver in the long run? It’s not within JPM’s interest to keep the price down forever considering they have the largest physical silver position in human history. Obviously gold is here to stay as a hedge alongside silver, but at the end of the day it’s a shiny rock. Silver has so many use cases. It’s down with the market currently because of its connection to industrial use + people liquidating even their hedge assets to cover margin calls. The EXACT same thing happened in 08. Precious metals fucking crashed and then when silver rebounded it was up 488%. Even with these batshit premiums right now you should buy silver.

Pic related

Other holdings atm
LINK
XTZ
3/27 LVS $40 put
3/27 APHA $2.50 put
10/16 WTI $4 call

>> No.17996712

not buying your shiny metal bags, boomer. there's no logical reason why the "gold/silver ratio" should be predictive of anything.

>> No.17996724

>>17996712
Kek I’m 24 faggot

>> No.17996756 [DELETED] 
File: 3.83 MB, 4032x3024, A339C424-12E5-4D1A-932F-BE63D421DE2C.jpg [View same] [iqdb] [saucenao] [google]
17996756

Rate my stack

>> No.17996765

>>17996756
dude

>> No.17996768

>>17996756
Based

>> No.17996805

>>17996756
Treating an STD with silver’s antimicrobial properties? Beyond fucking based.

>> No.17997082

>>17996756
I hope you plan to HODL forever as this probably made you lose 20% of its value.

>> No.17997099

>>17996756
>silver chads

>> No.17997232

>>17996756
Explain the mirror.

>> No.17997245

>>17996756
kek

>> No.17997333

>>17996695
>LINK
you really should switch this for PNK

>> No.17997387

>>17996695
There is at most 5x more silver than gold above ground right now.
T. Silver stacker and researcher

>> No.17997406

I did 5 min of research and it seems like silver tends to follow the stock market. I think it will drop again tomorrow.

>> No.17997415

>>17996695

Physical silver is selling for more than that. Try getting your hands on silver for that low ass price.

>> No.17997432

>>17996695
you can't just look at the ratio of how rare they are
my shits are more rare than gold, yet still not valuable
gold is much more useful as a metal in addition to being rarer, hence the higher ratio, nothing mysterious about it

>> No.17997469

>>17996695
I have silver ill hopefully hold for decades but im thinking the ratio issue is more to do with gold being overvalued than silver being undervalued unfortunately

>> No.17997484

>>17996756
thank you 4chan

>> No.17997490

>>17997432
Gold is not very useful compared to silver in terms of being a mass adopted superconductor. If the price falls perhaps gold will be used more often than silver. The real question is, once production stops, which would hold more value to investors? If the industrial demand for silver is erased, would it not lose half its value?

>> No.17997522

>>17997490
yes, that's the thing you don't understand, it is in fact far more useful as that
the reason it's not being used in that way is because it's too rare in addition to also seeing use in other industries, such as the often ridiculed but still highly relevant jewelry industry due to its outstanding malleability
if production of gold and silver stopped today, gold would still be far more valuable than silver, there's no question about that

>> No.17997542

>>17996695
Silver is an industrial metal like copper and aluminum, we are heading into a depression that will be five times bigger than the great depression of 1929. Forget about silver.

>> No.17997547

>>17996756
I...

>> No.17997548

>>17996756
OH NO WE GOT TOO COCKY SOLVERBROS

>> No.17997558

>>17996724
Even more reason to ignore you

>> No.17997585

>>17996695
> Obviously gold is here to stay as a hedge alongside silver
An hedge against what?
Do you understand what you're hedging?

>> No.17997701

>>17997542
It depends on what kind of depression we enter.

>deflationary...metals retain wealth
or
>inflationary...metals add wealth
in either scenario it will be better to have some metal than to not.

>> No.17997861

>>17997701
the industrial part of the demand drops to 0% and might even lead to selling off of industrial stockpiles dragging the demand literally lower than 0%

>> No.17998115

>>17997522
That was a rhetorical question, with jokes. How new are you?

>> No.17998129

>>17997387
But billions more people on the planet

>> No.17998151

>>17997701
Deflation is already occuring and silver is dumping moron

>> No.17998185

>>17998151
This is like before a tsunami when the ocean sucks in before destroying everything

>> No.17998238

>muh meme ratio
It's going to zero

>> No.17998304
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17998304

>>17996695
>industrial demand
means nothing for a store of wealth asset, but 0.001% of silver available on earth can cover industrial demand for the current millenia.

>19 times less rare
what? that's litreally meaningless. there are metals a lot more rare than gold, but not having gold's status makes them worthless

>Other holdings atm
>LINK
>XTZ
>3/27 LVS $40 put
>3/27 APHA $2.50 put
>10/16 WTI $4 call

o nevermind, you're either braindead or a troll

>> No.17998314

>>17996695
>Silver is roughly 19 times less rare than gold
wrong, try to get your numbers right faggot

>> No.17998331

>>17998304
>not having gold's status makes them worthless

Sell me your rhodium $1/oz. I will take this worthless metal off your hands.

>> No.17998364
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17998364

>>17996756
basinge

>> No.17998369

>>17996695
>Silver is roughly 19 times less rare than gold
wrong, why do silverfags just lie

>> No.17998373

>>17998151
paper silver is fuckwit. its leverage 10-1.

>> No.17998406

Where can I buy silver?
What's the minimum amount that could provide a worthwhile return?

>> No.17998534

>>17998406
Find a coin shop and be human

>> No.17998551
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17998551

>>17998151
Imagine being this retarded lmao
Silver is by far the most underpriced asset in the world, it should be over 1k per oz. You have 70K tons of silver in stock identified above ground, compared to 187K tons of gold. Not only that, silver is a vital component in everyday's life : printed circuit boards in computers and mobile phones, batteries, electronic switches, solar panels, television screens, RFID chips, filters, medicine, satellites etc.
The industries destroy 600M oz/year, that's roughly 80% of the silver mined every year. And this number is constantly increasing while silver's mines are almost empty and the production is slowly declining.
Meanwhile gold is useless and recycled at 99%, meaning the above ground stocks of gold are always going up.

>>17998304
Those meme numbers means nothing. Supposedly silver is 19 times more abundant if you listen (((scientists))), but the cold hard reality is the mines only extract 9 times more silver than gold every year. And you should keep in mind 60% of the silver mined is a byproduct of copper/zinc/lead mines since silver veins tend to agglomerate close to copper. Meaning we are digging waaaay much more ground for silver than gold.

Only gold&silver Chads will make it after the fiat ponzi collapse. But silverChads on a way bigger scale.

>> No.17998601

>>17996695

I cannot imagine buying a piece of fucking metal

>> No.17998734

>>17998601
Play assassins creed and get back to me

>> No.17998817

>>17998551

This guy has the right infos

>> No.17999019

>>17998115
There were no jokes and the questions weren't posed as rhetorical at all. You're being a jerk.

>> No.17999045

>>17996695
Silver is useless and very easy to mine since it’s not rare at all

>> No.17999057

>>17997701
>>deflationary...metals retain wealth
>or
>>inflationary...metals add wealth
>in either scenario it will be better to have some metal than to not.
AHAHAHAHAHAHAHAHAHAHAHAHA


HAAAAHAHAHAHAHAHAHAAHAHAHHAHAHA

>> No.17999071

>>17999057

he is right, you laugh cause you are mad not having metals

>> No.17999075

>>17997333
Die you fucking pajeet.

>> No.17999099

>>17999071
i have some gold, dumped my silver, feel like a retard for bagholding as long as I did.

No. He is not right. He has framed his dilemma in a "heads I win, tails you lose" fashion. silver doesn't "retain" your wealth when there's massive dollar deflation. It's like forex, and you're holding the losing currency. The Canadian dollar has retained the value of exactly one canadian dollar. but it's lost about 10% of its value compared to the USD

>> No.17999123

>>17999019
It’s ok to be autistic sometimes, but that was fairly obvious to the most casual observer. There’s a difference

>> No.17999135

>>17999099
Bro I’d be careful holding fiat. Be safe fren

>> No.17999160

>>17996712
>there's no logical reason why the "gold/silver ratio" should be predictive of anything.
this

not sure why retards on /biz/ think the ratio means anything.

>> No.17999174

>>17996695
>He thinks he bought silver on the internet

>> No.17999181

>>17999160
Historically, it did. Moving into the new paradigm, it might not mean much with allowances to reduced industry and decreased demand for jewelry.

>> No.17999275

I just noticed one thing whatever is trending is usually the wrong way. Buying metal is no exception it's a popular investment and people hype it up. Hype always crashes because life can not be contained.

>> No.17999318

>>17999275
Except the hype hasn’t even begun retard

>> No.17999335

In today's world investment is important for financial success but apart from it, there are many major problems on which we have not focused & that problem is the safety & privacy of your data on the internet!!!!! today every work of human whether it is finance, education, shopping, etc is done through the internet but is the Internet safe enough, we need to change our internet into decentralized protocol just like cryptocurrency there are very few firms in the world working on it one of them is the Tachyon protocol they have exciting products that have good potential in the future to grow, they have good service in private & secured decentralized internet, one check it.

>> No.18000061

>>17999099
Why did video game prices increase from $60 to $80?

>> No.18000132

>>17999275
Try convincing someone to buy physical gold and see how much of a hype it is.

>> No.18000352

>>17996695
Why have you bought such a far in the money call on WTI? Why not just go long on the commodity

>> No.18001064

>>17999318
Of course it's hyped I've been hearing about it for at least 2 years now. Every kind of investment/economics guru is talking about it in podcast's and whatever. They're all hyping it it's no secret and you're not some smartass that figured it out.

>> No.18001941

>>17996695
Supply AND demand faggot. The demand isn't as much

>> No.18001968

>>17996695
This has been the thesis for decades. The market obviously disagrees.

>> No.18002038

>>17996695
I am glad you came to the realization that the industrial-use value of gold should be around $240. Too bad the demand for store value and jewelery drive it up sevenfold.
Silver isn't as good as gold for store value. It takes much more space, and it becomes tarnished with silver sulfide over time.
Silver's advantage over gold is in currency. It is much more logical to use silver coins as they can pay for cheaper goods, while any kind of a gold coin is too expensive for most goods. This advantage is only relevant for a doomsday scenario.

>> No.18002158
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18002158

>>17996756

>> No.18002168
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18002168

>>17996756
i almost forgot what sort of weird fucks i post with here

>> No.18002191

>>18001064
The hype is not mainstream at all

>> No.18002266

why is the premium so pricy these days? Checked my local coin shop, and the premium is redicolus high now. Corona?

>> No.18002347

>>17996695
How is silver used in electronics? I know old diazed fuses used to have a silver wire but that was very small amounts. Regarding gold it is a good conductant and doesn’t oxidize, silver on the other hand does oxidize, so I would say gold is the more useful metal in electronics. Then of course you can use silver as the condictant and gold coating to protect it against oxidation.

>> No.18002360
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18002360

I HAVE A QUESTION

I expect silver to rise relative to gold. It is now 120:1 and I plan on selling it for when it reaches 20:1 or even less. However where will I be able to find a reputable seller for gold who will pay me the street price and not the paper price for gold? PM dealers are closing left and right. Only banks are still open and they are only paying the paper price.

>> No.18002379

>>18002360

not the paper price for *silver*?

>> No.18002525

>>18002266
The price of physical silver is decoupled from spot price (silver paper price). The real price for an ounce of physical is like 19 or 20 dollars

>> No.18002551

>>17997861
And I will be buying with every last fiatbuck I can get my hands on

>> No.18002761

>>17998304
Why isn’t anyone stacking iridium?

>> No.18002911

>>18002761
Shill it to me

>> No.18002946

>>17996756

>Not attaching another bar (laying down flat) against the bottom of the bar covering your dick & adding two stacks flanking either side, so that it looks like a dick and balls.

Not gonna make it anon

>> No.18002986

>>17996756
you're a big guy

>> No.18003215

>>18002911
It’s rarer than GOLD!

>> No.18003247

>>18002986
For (you)

>> No.18003832

>>17996695
Just means gold is overvalued

>> No.18003875
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18003875

>applying facts, data and rationality to an irrational, manipulated market
>thinking spot price still has impact on bullion and numis price.
Anon, I...

>> No.18003961

>>17996756
this is why you shouldn't buy "secondary market" silver or any used silver from random ebay sellers.

>> No.18004006

>>17997406
5 min of research isn't enough, buckeroo. spot price mirrors stock market to a certain extent, and then it decouples. premiums for actual finished product silver (coins, bullion, jewelry) have decoupled. you can't even buy 999 silver wire at spot. the spot price is meaningless right now. spend more time researching if you're interdasting.

look up any online bullion retailer. the moment spot price went down people bought in a frenzy and now they have 15+ day shipment delays plus $299 min order size. it's suddenly getting more scarce. you have no idea because you're not an actual buyer, just an observer.

>> No.18004794

>>17996695
Why wouldn’t I just buy SLV calls ?

>> No.18004875

>>17996756
>freshly made ass pennies

>> No.18004882
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18004882

MARKET GOD DOWN
SILVER GO DOWN

MARKET GO UP
SILVER GO DOWN

EVERYBODY WANTS THAT
SILVER
CAN'T FIND ANY
SILVER

SO SILVER GO DOWN

>> No.18005066

who /silvertesticles/ here
t. 200 oz

>> No.18005270
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18005270

>>18005066
Silver balls
Silver balls
It's mooning time in the /PMG/
Tink-a-tink
Hear them clink
Soon it will be mooning day
Strings of candles, tall and short ones
Blink all green all day
The stackers rush home with their treasures
Hear the /biz/ fears
See the wojacks tears
This is Satan's big scene
And above all the bustle you'll hear
Silver balls
Silver balls
It's mooning time in the /PMG/
Tink-a-tink
Hear them clink
Soon it will be mooning day

>> No.18005919

>>18002347
I know higher quality solders are about 2% silver. My guess is it's just one of the many metals that can be used for alloys. So anywhere a metal is used and electrical conductivity is important, the designers will think about using silver, either in an alloy or as part of the coating.

>> No.18006402
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18006402

>>17996695

So do I buy physical silver or go for a leveraged fund holding silver?

>> No.18006446
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18006446

>shill silver over gold because "muh industrial applications"
>continue to shill it as a safe haven
>metal with industrial applications crashes with the economy
>"why is silver crashing guys it's supposed to go up"

>> No.18006479
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18006479

>>18006402
You can't get physical silver anywhere. Nobody is selling it, and millions want to buy. Everyone's holding it for the coming financial reset.

You missed to boat, sorry.

>> No.18006564

>>18006479

How did I miss the boat if I can still buy myself into silver funds?
$USLV gives me a 3x leveraged long, and there are enough brokers still giving me a option to buy silver.
I don't get it.

>> No.18006588

WHERE THE FUCK DO I BUY SILVER AT A REASONABLE PRICE
PLEASE RESPOND IMMEDIATELY

>> No.18006593

>>18006479
those Britannias are beautiful

>> No.18006665

>>18006588
good luck.
what country you in?
idk good luck. go online check vendors like apmex or jmbullion if in burgerland.
last i checked they were "out of stock" of almost everything. but they had a couple things you could pre order. yes you will pay a premium

>> No.18006696

>>18006446
unlike gold, silver is actually "consumed" in many industrial processes. where gold on the other hand is preserved.

>> No.18006699

>>18006665
in UK but have a house in USA i can order to

>> No.18006705

>>18004882
Undervalued, made me smile.

>> No.18006942

>>18006699
sdbullion has some stuff available.
$299 min. order with estimated 15+ day wait period to ship
but they have some stuff available. i would jump on it if but I'm already waiting on orders from two other places.

>> No.18007003

>>18006593
too bad the obverse side has the image of some bitch claiming to be royalty and god-ordained superiority over all mankind.
why they havent all been sent to the guillotine idk

>> No.18007050

>>17997861
The industrial part is about to ramp up--every single fucking country is about to pull out of China and begin their own manufacturing. Globalism died--the reliance on foreign goods is over. I wouldn't be surprised if gold/silver mines are nationalized soon--driving demand for non industry use through the roof.

>> No.18007137

I offered up some phys silver with my spotless seller account with 6 years of satisfied buyers. A few contacts but no buyers yet. It's only like 150% of spot. Coin dealers in my country are currently charging 200-250% of spot for phys silver.

>> No.18007186

>>18007137
on ebay?
yeah i think most ppl are gonna be overcautious on that. i know i am.

>> No.18007219

>>18007186
Our country's form of ebay. Not a lot of scammers there but maybe you're right.

>> No.18007230

>>17999099
I didn't frame anything--I looked at the historical price movements over the past 100 years. I'm sure you could go back thousands of years and find that gold/silver retain wealth. Sure you could argue that a paradigm shift has occurred and metals/FIATs are going the way of the dodo--its possible. Every country is looking at blockchain as a means for a digital currency to combat the black market and gain more control. But that doesn't explain why central banks have been buying up gold or why JP Morgan is hoarding silver. Something big is coming and its probably going to be very painful for most.

>> No.18007237

>>18007137
We are just entering deflation, you will have to wait for the bottom

>> No.18007320
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18007320

ALL TEH SILVER IN AUSTRALIA IS GONE AND I HAVE THREE ORDERS ON BACK ORDER THEYRE NOT DELIVERING


AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>> No.18007387

I'm owed a couple kilos of silver from a refinery and they haven't responded to my request to withdraw the bars for a week. It's all paid up (the melting, fee, etc) a long time ago. I hope they're just in a temp shortage and hope they can pretend they forgot the email for a bit.

>> No.18007409
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18007409

I CANT EVEN COLLECT MY ORDERS NOW

NOW EVEN THE BULLION DEALER IS TALKING ABOUT A DISCONNECT

I MISSED MY CHANCE IM BEING PINK WOJACKED


AAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHH

>> No.18007484

>>18007387
All the silver is gone, you're never getting that order.

If you don't hold it you don't own it. There's LESS silver above ground than gold. JP morgan owns it all now.

>> No.18007522

>tfw I bought way more gold than silver because I didn't want to be VATcucked
Is 500 oz enough to make it?

>> No.18007527

>>18007484
I have over 800 ounces they don't own.

>> No.18007575

>>18007484
Silly black/white thinking. I have the emails, bank records, physical bill, etc and can drag them into court or ruin their name domestically. It's a 150yo company.

>> No.18007600

>>18007527
Sure, some people got in while it was cheap and supply was available. But now, if you want to park 100,000, which isn't even much money these days, in physical silver it's basically impossible.

To invest serious amounts of money in silver is just never going to happen for the hedge funds or retirement funds.

>> No.18007605

>>17997490
You're crazy, gold is way more useful, just way too expensive and rare. You could very likely float entire cities off of electromagnetic fields using gold if you had enough, but it would likely be a significant amount more than has ever been mined. People really don't understand how rare gold is. If you took every bit of gold mined throughout the entirety of human history and melted it down, it would not fill 2 olympic sized swimming pools.

>> No.18007638

>>18007575
Look at this. My dealer is telling me I need to wait until JUNE just for a tiny order of silver maples.

Three months is an eternity right now, things are changing by the day.

>> No.18007660
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18007660

>>18007638

>> No.18007706
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18007706

>>18007605

>> No.18007731

>>18007605
>it would not fill 2 olympic sized swimming pools.
I just did the math on this
>Total above ground stocks (2017): 190,040 tonnes
>World Population Clock: 7.8 Billion People (2020)
190,040 tons times 1000 = 190040000 total grams of gold in the world
190040000 grams of gold divided by 7800000000 people = 0.0243641025641026 grams of gold in existence per human

That's mad crazy yo !

>> No.18007742

>>18007706
Now show how much silver is left in investable form above ground after 100 years of destruction in industrial processes. There's is much less than half of the gold left above ground, it's incredible rare and incredibly cheap.

>> No.18007743

>>18007731
*grams = kilos duh

>> No.18007774

>>18007731
>>18007743
or in goblin: 0.85941842678 oz of gold per person, of which they probably already use 10% in their electronics

>> No.18007798

>>17996695
how much link you have?

>> No.18007838

>>18007731
>>18007743
>>18007774
Honestly I'm not even a gold owner, but it's rarity is something to be appreciated. I've only touched pure gold once, and it was a tiny necklace, and yet it still gave me a weird feeling holding it. I'm considering getting an oz just to have and hold.

>> No.18007927

>>18007838
I have lots of it but it's in jewelry + small old coins I wouldn't dare handle except carefully. I also want an oz coin, something non-pristine I can handle. Maybe a Krugerrand.

>> No.18008073

>>18007927
>krugerrand
or pref something older and more historic but a little beat up and gotten for very little premium so I won't feel bad about handling it.

>> No.18008136
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18008136

>>18007742
Its 6x smaller than that cube. There’s 6 times more investable gold above ground compared to silver

>> No.18008205

>>18008136
Yeah, now look is underground in locations we are well aware of but don't bother mining because it isn't worth it. Silver is nowhere near as rare as gold, industrial mismanagement isn't going to change that.

>> No.18008272

>>18007731
>0.0243641025641026 grams of gold in existence per human
>0.85941842678 oz of gold per person
that would be over 20 grams per person though. do you people not use drugs or something?

>> No.18008301
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18008301

Look at how well they match until 2016.

>> No.18008311

>>18006564
>silver funds

lmao if you aren't getting physical metal that you can hold in your hand, you aren't actually getting anything. You are buying a (((promise))) of silver - i.e. worthless paper.

>> No.18008322
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18008322

Spot £11
Amazon price £30

>> No.18008328

>>18008272
See reply; meant kilos not grams

>> No.18008444
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18008444

>>18007660
kek, we told you to buy silver many months ago.

You didn't listen - now you must suffer.

>> No.18008506
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18008506

>>18008444
I have some, just not enough to weather a storm of this magnitude.

>> No.18008748
File: 166 KB, 590x459, kostky_en.jpg [View same] [iqdb] [saucenao] [google]
18008748

>>18007742
>Now show how much silver is left in investable form above ground

>> No.18008774

>>17997701
>>deflationary...metals retain wealth
>or
>>inflationary...metals add wealth
this is what 50 iq looks like

>> No.18008802
File: 141 KB, 1280x720, maxresdefault.jpg [View same] [iqdb] [saucenao] [google]
18008802

>>18008748

>> No.18008831

>>17996695
Gold,guns,ammo,food,water will always be valuable, With this combination you never lose. Barter only works to a certain point, from history we learn gold always is the next step from bartering, as it's divisible. The problem is when people start going from gold to paper, and then give out too much paper representing the gold and then not have the same amount of gold in storage.

>> No.18008859

>>18007706
where did you get this picture of my swimming pool?

>> No.18008875

>>18008802
Do platinum.

>> No.18008925

>>17996695
Can you eat silver? Can you wipe your ass with it? If the answer is no, then it's worthless.

>> No.18008959

>>18008802
Can you guess what people have been selling their gold and silver for?

>> No.18008968

>>17998551
Thanks for this educated well written post, Barter works for a while. Why can't fags learn that gold/silver has a track record of constantly winning for the least 2 thousand years, and always become more valuable. Why can't these faggots see the simple fact and realize why jews hoard gold for a reason. My guess is that they are jews themselves.

>> No.18009259

>>17999181
>Historically, it did.
no

up until 1975 the price of silver and gold was set by governments.

>> No.18009656

>>18008311
Imagine thinking you're superior just because your investments won't fall as hard during a total societal collapse. Nigger if you're that worried about the future you should be buying ammo not metal.

>> No.18009709

>>18008925
What is money. Money can be used to purchase goods and services

>> No.18009743

>>18008959
Who has been selling? If people are selling why can't I buy any

>> No.18009842

>>18009656
You are on biz. The whole point of investments is to protect wealth i.e. gain the most or fall the least.

Why are no golders so retarded?

>> No.18009939

>>18009842
biz is full of buy and hold speculators.

>> No.18010418

>>18009709
Yeah, because Silver has totally penetrated into the economy. Oh wait...

>>18009743
>Who has been selling?
Smart money. Silver still has massive space to keep dropping. Meanwhile all the retards buying now will panic sell later for fiat to preserve their money.

>> No.18010726

>>17996695
Dude if you missed the boat and didnt accumulate by now dont bother.

>> No.18011104
File: 3.30 MB, 4032x3024, 1584914206459.jpg [View same] [iqdb] [saucenao] [google]
18011104

Staxxx

>> No.18011137

>>18010418
>panic sell to FIAT to PRESERVE VALUE
kys

>> No.18011338

>>18010726
This. If you don't own at least 1000 ounces by now you're not going to make it

>> No.18011399

There's 7.8 billion people in the world, and 7.798238 of them have never heard the magically, indescribably beautiful and comforting ting of physical silver.

>> No.18011432

>>18009259
no, it wasn't. the influx of sliver from the new world devalued Spain's economy and nearly bankrupted the Spanish crown. read a book.

>> No.18011450

>>18011399
Even fewer have felt the silver making love to you when you run a strong magnet over a silver bar.

>> No.18011644

>>18008506
You'll be fine.

>> No.18011948

>>18011432
but it didn't change the ratio or value of silver to gold. And even when that ratio did change it was literally set by the governments of the time.

look kid I don't have time to teach you the history of bimetallism.

>> No.18012072

>>18011948
>but it didn't change the ratio or value of silver to gold.
yes. it did. it may not have changed the monitization the crown gave those coins, but it absolutely changed their values, both against one another and against real world commodities
>And even when that ratio did change it was literally set by the governments of the time.
yes, monitization is the same on an american dollar bill too, set by the government. do you think this means the US dollar is the same value it was 50 years ago? you do understand the difference between price and value, right?

>> No.18012304

>>18011137
>the thing that's happening isn't actually happening
Keep coping, and keep holding your heavy metal bags all the way down.

>> No.18012584

>>18012304
Can you please prove it is happening. Dealers I talk to say there's been months with of transactions in the last week and 99.99% of transactions are purchases

>> No.18012910

>>18007230
Based anon

>> No.18012991

100 oz silver, no gold, tiny amount of crypto, some guns and ammo

How fugged am I

>> No.18013126

>>18012991
im reckoning 1200 oz is a make it stack for silver

>> No.18013153

>>18013126
How did you reach that number?

>> No.18013363
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18013363

>>18011450
wait what

>> No.18013400

>>18013153
silver at $1000 an oz in today's purchasing power, with decreased prices all around

>> No.18013784

>>18007838
>I've only touched pure gold once
what a pleb

>> No.18013850

>>17996695
It's almost as if appraisals are arbitrary and it's just people betting on the bets of other people who are trying to appraise narratives told by media and industry.

It means fuck all because silver is just as much a part of the hurr hurr 600% markup bullshit as the rest of everything. There are no rules to apply while we watch this market correct. Maybe inflation but what happens if your silver loses 85% of it's value against whatever horse the market chooses, before it starts going up? You end up looking like a retard for not finding the next shiny thing as gold and silver bugs have been doing for decades now.

>> No.18013941

>>18013850
You're a tard

>> No.18014022

>>18013850
silver is a tool of accounting for all the excess currency in circulation
the 70s had such bad inflation because dollars became less valubale agaisnt the dollar

>> No.18014024
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18014024

>>18012584
>inb4 it doesn't count because they're buying "collectibles" i.e beanie babies.

>> No.18014047

>>17996695
the trouble is silver tarnishes and oxidizes over time while gold doesnt

>> No.18014077

>>18014047
dont take it out of its case

>> No.18014349

>>18014024
Your statement doesn't make sense

>> No.18014586

>>18014349
>can't read a fucking chart
That sounds like a personal problem.

>> No.18014805
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18014805

>>18005066
110 toz here. I plan on using Trump's funbucks to buy more too since I actually have job security for the foreseeable future (as long as Corona-chan is buttfucking everyone, I will have a job, past that when Great Depression 2: Electric Boogaloo hits, I don't know).

>> No.18014868

>>18006564
>buying the (((silver))) equivalent of paper IOUs
>"Oops sorry goy, you want it NOW?! Guess you can't have it (because it never existed)"

>> No.18014911
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18014911

How’m I doing boys?
>400+ ozt Ag
>7 ozt Au

>> No.18014989

>>17996695
Based

>> No.18015087

>>17996695
>Even with these batshit premiums right now you should buy silver.
So many increasingly nervous silver fags spouting this daily. Price is headed down. You bought too soon.

>> No.18015208

>>17998551
>silver is a vital component in everyday's life : printed circuit boards in computers and mobile phones, batteries, electronic switches, solar panels, television screens, RFID chips, filters, medicine, satellites etc.
that is why they will dup it forever, so you boomer retards won't accumulate just to hold. And if you do, they will confiscate it. It is need in the industry.

>> No.18015246

>>18015208
>deflation is bad for value
??

>> No.18015308

>>18014911
Better than me I guess I aint got shit and I dont really care desu.

>> No.18016305

>>17996756
AHHHHHHHHH what did it say i wanna know why jannies be like plebbit mods

>> No.18016703

>>18015087
>ngmi
>>18015087
silver isnt about buying too soon cuck head silver is about buying before the moon

>> No.18016774

>>18016703
>Buy high sell low
The /biz/ philosophy

>> No.18016962

>>18015246
again, they will dump paper and electronic silver to prevent you retards from hoarding.
If you manage to hoard significant amounts, it will be seized.