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/biz/ - Business & Finance

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18469698 No.18469698 [Reply] [Original]

Reminder that if you hold silver for SIXTY FIVE YEARS, you get a mere 2X

Silver Price in 1955:
>$8.70

Silver price in 2020:
>$14.70

NOT EVEN A FUCKING 2X SILVERFAGS ARE THE STUPIDEST BRAINLET INVESTORS OF ALL TIME!

>> No.18469713

thats a gain of 1% per year. LOL!

>> No.18469863
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18469863

>dollar is defined as 1/35 a gold ounce in 1955
>gold/silver ratio = 39.67 in 1955
>price of silver was therefore 35/39.67 = $0.89
>return as of today 17.5x
reminder cpi is the biggest lie in the world

>> No.18469911

>>18469863
Retard.

>> No.18469959
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18469959

>>18469911
no you
https://en.wikipedia.org/wiki/Gold_standard

>> No.18469995

>>18469959
I'm sorry anon I don't know what I am talking about I have had a bad day.

>> No.18469998
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18469998

>>18469698
Been selling these for the pass few weeks because nobody has stock and the mint is still shut down

considering I purchased them for 22 im making bank. dont be jelly. want one?

>> No.18470010

>>18469995
no worries bro

>> No.18470011
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18470011

Patience is a virtue.

I have thousands of years to wait.

>> No.18470031

>>18469698
>purchasing power of silver up almost 2x if you're cherrypicking dates
>price of a burger is up x5 or more since 1955
>price of a gallon of gas is still up 3x since 1955 after the oil price decline
>purchasing power of 1 dollar down over 90 cents

It's not about the moon, kiddo.