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/biz/ - Business & Finance


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18792769 No.18792769 [Reply] [Original]

Silver is the most underpriced asset on the planet.

>> No.18793023
File: 46 KB, 532x209, SilverReserves.jpg [View same] [iqdb] [saucenao] [google]
18793023

Weekly reminder that the world's total silver reserve is **ONLY** 20 billion toz
20,000 toz of silver cost about 400K USD
For the price of a house, you can get a millionth of all the silver in existence(above ground)

>> No.18793043

>>18792769
youre right but the thing just doesnt move

>> No.18793063

>>18793023
MAKE THE CALL

>> No.18793144
File: 98 KB, 159x274, pawn.png [View same] [iqdb] [saucenao] [google]
18793144

>>18793043
It will.
Get 10 ozt and fuckin find out.

>> No.18793181

>>18793144
>have 73
>still waiting

>> No.18793422

>>18792769
You are correct.

>> No.18793441

>>18793023
Yeah but it’s not that rare and they pull a shitton of it out of the ground every year. I own several hundred ounces, or at least I did before a tragic boating accident, but c’mon

>> No.18793476

I mean what is it good for besides being shitty gold and shitty jewerly? Al least gold is essential for electronics.

>> No.18793537

It's rather overpriced. If it wasn't for retards hoarding it, we could use silver for transmission lines instead of copper and electricity costs would be half as much.

>> No.18793646

>>18792769
It's just a matter if they'll actually ever let it go up. I have my doubts.

>> No.18793661
File: 138 KB, 787x143, silver dollar ratio.png [View same] [iqdb] [saucenao] [google]
18793661

>>18793023

>> No.18793685

>>18793476
every solar panel requires 1 oz silver

>> No.18793695

>>18793476
Silver is also in electronics. It's also in medical equipment.

>> No.18793698
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18793698

JUST GIVE ME A HOUSE YOU STUPID FUCKING BOOMERS
FFFFFUUUUUUCCCKKKKKKK KAAGGGGGHHHHHHHHHHHHHH

>> No.18793709
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18793709

>>18793661
the paper spot price of silver has a 0.5% physical backing.

Literally if you own paper silver you are sharing 1 ounce with 174 other people.

>> No.18793736
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18793736

>>18793043
>>18793181
Ag is not some micro cap shitcoin. It is going to move slowly and it will probably lag gold's moon. It could be years before we see anything close to ATH. Be patient or just put your money into the /biz/ shitcoin of the month. Have fun discerning which projects are worthwhile.

>> No.18793740

>>18793698
you always want what you don't have.
guys without a house want a house, then when they get it they finally learn about all the maintenance and taxes and shit involved. same goes with wanting a brand new car, or a wife, or a gf. the grass always appears greener.

p.s. I want a house too, but specifically the one that i grew up in, and it's not for sale. i would need to acquire at least $750-$800k somehow and then knock on their door and try to convince them to sell to me. it would be a win win as they would get a profit at that price and i would get my fucking childhood home back.

>> No.18793769

>>18793740
i would actually need more than that to cover taxes, repairs, remodeling, and forward living costs, etc. etc. so just to get a fucking house right now in california will cost you around $500k to $1million.. and the 500k ones are out in the desert in the middle of nowhere

>> No.18793788
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18793788

>>18793740

It's going to crash, and it's going to crash hard.
Be prepared. 1 silver coin will buy a home.
Rush into PMs will be like tulip mania.

>> No.18793796

This FUD is getting to me, /biz/

https://youtu.be/y-D2CYn0lxM

>> No.18793819

>>18793796
bro you're so late to the game
get some while you still can.

>> No.18793840
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18793840

>>18793819
REFUTE HIS FUD, ANON

>> No.18793915

>>18793769
Do they even speak English?

>> No.18794789

>>18793537
Is this true? I'm thinking about selling my silver for SUTER if so. PoW needs to die.

>> No.18794953

>>18793840
lol guy seems like an insecure bitch why would you care about his opinions.

>> No.18795174

>>18794953
his army of 200 subscribers wills stop us for sure

>> No.18795676
File: 29 KB, 497x604, This fag doesn't even own helical mags.jpg [View same] [iqdb] [saucenao] [google]
18795676

>>18793796
He comes off like a less fat Wings of Redemption. I say less fat and not skinny, or lean, or in shape, because I can see the jowls and the underarm fat taking shape where a man's triceps would be. His primary complaint with silver is that it isn't gold, and thus you shouldn't buy it.
Meanwhile Maloney is telling everyone that will listen that he's snapping up silver right now because the price/oz ratio between gold and silver is so stupidly high, there really isn't a scenario in which you won't eventually be able to sell off that silver and trade up for gold once the ratio narrows down.

>> No.18795722

>>18793441
Yeah but a shit ton is used in industry.

>> No.18795894
File: 3.71 MB, 3880x2508, stack_march_2020.jpg [View same] [iqdb] [saucenao] [google]
18795894

>>18792769
>8 oz gold
>750 oz silver (220 of which are ASEs)
>1 oz platinum
>$10k in gold mining stocks

>6 BTC
>6 BCH
>6 BSV
>25 LTC
>32 ETH
>5000 XRP
>1000 LINK

What percentile will I be in the new world?

>> No.18795925

>>18793043
What happens when too much potential energy is stored?

>> No.18795934

>>18795894
Good GOD

>> No.18795978

>>18795894
Holy fuck

>> No.18795994

>>18795676
>Wings
Kek. Never thought I'd see that name on /biz/. I live like 30 mins away from him

>> No.18795996
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18795996

>>18795934
>>18795978
That's quite flattering but honestly I'm a stacklet compared to many in the /pmg/ threads

>> No.18796001
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18796001

>> No.18796017

>>18795996
Gold really makes those Phillis look wonderful

>> No.18796025
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18796025

>>18796001
>mfw 50/50 Chainlink and silver bullion

>> No.18796065
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18796065

>>18795994
>The Turd went sideways
>GRAMMA HELPPPPPPPPP

Drive by his house and yell at him that he'll never be Xcalizorz.

>> No.18796097

>>18796065
Nah. I'm not cruel enough to do that. I've reached out to him on his twitch channel to hangout sometime but I know he never will

>> No.18796157
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18796157

>>18796001
inspired some OC

>> No.18796175

>>18796157
kek

>> No.18796191

>>18795894
Should have just got real estate with that kind of money.

>> No.18796200

>>18796157
>when one ounce of silver = one chainlink
>when 1 chainlink is 1000 USD

https://www.youtube.com/watch?v=XUhVCoTsBaM

>> No.18796310

>$10 over spot for tangible silver
lol no thanks

>> No.18796492
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18796492

>>18795894
you gonna make it
dump xrp though

>> No.18796662

>>18793796
beta cuck can't even maintain eye contact with the camera, why should i listen to him?

>> No.18796698

>>18795894
You are literally prepared for everything and every happening.

>> No.18796722

>>18793476
>Al least gold is essential for electronics
You think about silver you dingus

>> No.18796755
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18796755

>>18793476

>> No.18796902

>>18793796
i'm starting to think he was trying to be funny. but he really wasn't

>> No.18796979

>>18796025
Ah, a the shitcoin of precious metals and an actual shitcoin.

Long USD short retards.

(Hedge with GLDM and Barrick)

>> No.18796996
File: 1.62 MB, 5865x4093, silver boomer yes.jpg [View same] [iqdb] [saucenao] [google]
18796996

>>18796979

>> No.18797069

https://www.bullionstar.com/buy/product/silver-jm-bar-1oz

premium is 67.93% is this normal?

>> No.18797112

>>18797069
No. But vintage bars like JM or Engelhard do normally carry premiums

>> No.18797119
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18797119

>>18792769
This. Silver will be $50+ EOD

>> No.18797258

>>18796097
He's not here to conversate

>> No.18797347

>>18796097
Holy shit I remember watching him back in the day till the whole 1v1 twitter scandal

>> No.18797439

>>18792769
Imagine buying boomer rocks instead of Nervos right now. Uncycled ANS type gains incoming.

>> No.18797849

>>18796996
Silver isn’t real money though. It’s a an industrial metal and a highly speculative asset.

It’s shilled by people who own a lot of it and sell it, like Schiff.

The fact that it’s shilled so heavily on biz alongside highly speculative “altcoins” like link, a coordinated pajeet scam, should raise major flags sir.

>> No.18797942

>>18797849
It was real money until 1964. The sound monetary foundation our founding fathers setup for us was stolen away. Now we have a steaming pile of shit waiting to implode

>> No.18797968

>>18797849
Nice work ignoring thousands of years of monetary history Anon.

I bet there were piece of shits like you in the Song dynasty saying that only paper money was real and silver was trash.

Guess what fuck face, if Warren buffett and JP morgan are hording silver so am I.

>> No.18797978

"No!"
facts:
1. silver is mainly an industrial metal and only second is it desired for jewelry and bullion
2. silver is easily faked using aluminum, steel and iron. look up tibetan silver.
3. copper alloys can be substitutes for silver.
4. silver was scarce and valuable in the past due to lack of mining technology and lack of exploration. now we have high tech mining and have exploration all over the world. silver is quite abundant
5. silver will go down due to lower demand for it at industrial level.

pls stop buying silver. it is worthless shiny boomer rock that will get cucked by asteroid mining.

>> No.18797987

>>18797849
>Silver is a speculative investment

https://www.usdebtclock.org/

LOOK AT THE FUCKING NATIONAL DEBT, the world is in the biggest economic bubble in human history.

>> No.18797996

>>18797968
buffett hates PMs. but maybe he's lying and privately hoards. fags like buffet and gates are two-faced.

>> No.18798001

SILVER is not as asset
it is a shiny rock that tarnishes

>> No.18798038

>>18793476
You can use it for certain kinds of soldering.

>> No.18798080

I just ordered a complete silver eagle set from the bradford exchange for $99.99. I'm stoked

>> No.18798095

When shit hits the fan, as it soon will, silver prices will 5x in a metter of weeks
- Silver is used more and more in industry
- Demand for silver is high, but the price is manipulated to stay low. Jp morgan is manipulating the price

>> No.18798134

>>18793709
I swear that Robert Kiyosaki is the best damn gold and silver salesman today. Despite Schiff and Maloney being intellectual Kiyosaki just knows how to sell that shit better.

>> No.18798350

>>18798095
Weird Jew tricks how they control a large portion of it yet make it deliberately cheap instead of valuable huh

>> No.18798396

>>18793915
Of course not.

>> No.18798928

>>18795894
only XMR is missing

>> No.18799180

>>18797849
>sir
Almost had me, nice try.

>> No.18799428

>>18792769
>Silver is the most underpriced asset on the planet.
Hello fren could you explain why?
who cares of an arcaic rock?
>>18793023
>Weekly reminder that the world's total silver reserve is **ONLY** 20 billion toz
so?
The total supply of RLC is 80 millions
It is valuable only when somenthing is scarce?

>> No.18799458

>>18793685
>every solar panel requires 1 oz silver
solar panels lol...

>> No.18799521

>>18797987
>LOOK AT THE FUCKING NATIONAL DEBT
no one cares about debt cause banks print money and pays it

>> No.18799545

>>18793709
Paper silver is not for long term holding it is for short term price action

>> No.18799615

>>18797942
>Founding Fathers
Hamilton set the country on a path of debt finance, indebting the country to his Jew pals, only three men were based enough to fight this shitty system, Andrew Jackson, Abraham Lincoln and John F Kennedy.

>> No.18799634
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18799634

>>18799521

>> No.18799779

>>18792769
>Silver is the most underpriced asset on the planet.
no it's not it's oil

>> No.18799835
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18799835

>>18793476

>> No.18799882

>>18795894
Millionaire in 5 years guaranteed. At the very least. Can I ask your cost average for the metals? I know you got a spreadsheet!

>> No.18800197

>>18796025
>50/50 Chainlink and silver bullion
why?

>> No.18800630

>>18799882
dunno in 5 years usd millionaire may be middle class level also silver is probably fucked like for the next 100 years fucked.

>> No.18800723

>>18799615
you don't know a damn thing about Hamilton you useless cucky boy. He's the reason the US ever became an industrial powerhouse.

>> No.18800739

>>18797987
This would be a good argument for owning gold

>>18799180
The
Needful

>>18797968
Buffett isn’t
JPM’s assets are much less weighted towards silver than yours, and you don’t even know if their plan is a good one.

>>18797942
That’s true, maybe one day that old system will return. You could be making a good bet.
Spices and gemstones were also once highly valued commodities, maybe those days will return as well.

>> No.18801088

imagine not listening to Maloney

>> No.18801689

>>18792769
No.

>> No.18802158

>>18797978
>Asteroid mining
You're an idiot

>> No.18802314

>>18799779
Imagine oil that you can actually own.

>> No.18802318

>>18797849
>Please sirs do the needfull, sell your silver and buy my pajeetcoin sirs

>> No.18802343

>>18792769
Silver is never coming back. Gold fucking destroyed it, just like Bitcoin will destroy gold.

>> No.18802379

>silver at 14.88
What did they mean by this?

>> No.18802502
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18802502

The number of cretins shitting on the most undervalued asst worldwide ITT is truly astonishing, no wonder the kikes are considering you goyim as a lower life form, barely smart enough to breath. You clearly don't deserve any respect, you are way too stupid for that. Yet, i still should thank yall, please continue to buy ponzi scams and illusions of wealth while my pmg frens and I continue to store SLV for absurdly cheap prices.

>> No.18802550

>>18802343
then why the fuck is it above $10

>> No.18802931

>>18802502
I have 50 mercury dimes, will I be able to get some blowjobs soon?

>> No.18803540
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18803540

>>18802931
you can buy a blowjob with each merc.

you can fuck an instagram thot with a morgan dollar. a big titted latina slave can be bought for a few silver eagles. the day is near fellow stackers.

>> No.18803642

Silver is a shitcoin.

People talk about "muh gold to silver ratio" but that was back when silver had a utility as an actual daily currency.

>> No.18803707

>>18803642
Maybe but shitcoins are comfiest x10.

>> No.18803802

>>18803707
Shitcoins you can put a limit sell up or dump into someone's buy order and wash your hands of them. Take your BTC and get out.

Good luck trying to liquidate 500 Oz of buffalo rounds for anywhere near spot for the 2 weeks when silver is above $50.

>> No.18803883

>>18803642
Brainlet spotted

>> No.18804092

>>18795894
Dump the xrp put it into link or silver

>> No.18804388

>>18803642
>People talk about "muh gold to silver ratio" but that was back when silver had a utility as an actual daily currency.
this

>> No.18804550

where is PM general?

>> No.18804769
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18804769

>>18798928
>implying he would mention his XMR if he had any

>> No.18804860

>>18803802
I did that in 2009. Went smooth.

>> No.18805284

>>18800723
He was the only fuck who said private central banks are good. Debt is good. Now he would likely be apalled at the debt today but point still stands.

You are correct that he pushed tarriffs because he knew America would never be strong with free trade