redpill me on silver

[Anonymous No.19755200]

after my shitcoins moon, must I acquire all the silver I can ?

[Anonymous No.19755272]

>>19755200
Man, redpilling you on silver would take me days, there is so much to say about it. Just buy as much as possible ASAP, it's by very far the most suppressed and underpriced asset in this galaxy.
It's the only real $1k eoy moon mission.

[Anonymous No.19755303]

>>19755272
best methods of acquiring fren?

[Anonymous No.19756292]

>>19755200
No, it's an industrial metal that is used up and unearthed as needed. Might as well stack aluminum or copper.

Get data on prices of silver/copper/whatever calculated in gold as far back as you can and see for yourself. Everything devalues against gold.

And why compare to gold? You always compare to the dominant asset in the class. All metals have roughly the same limitations and drawbacks (storage, transportation, verification), so comparing silver to say, an oil etf would be nonsensical, because you don't have to store an oil etf.

[Anonymous No.19756629]

>>19756292
Stop parroting everything you hear, and consider that your normie friends aren't interested in actually learning things and don't have good advice because of it. JPM has been shorting silver via ETF for a decade now, while buying up literal tons of the metal. They had 3 guys plead guilty to doing it. They're sitting on a dragon hoard of metal, refusing to do anything with it for over 10 years. So either they make all their decisions based on a Ouija board, or they know something you don't. Also, in what world is storage a problem for silver ETFs? One of the big problems is that rather than just provide liquidity, there are 170 paper ounces of silver in the ETF for every real one. This massively lowers the spot price for silver, which would otherwise be higher, even in a world where it was only used for industrial purposes.

>>19755200
Commodities are the only undervalued thing left right now. Silver is historically undervalued compared to gold right now. Industrial use only matters in the absence of monetization, which is likely coming soon. Wouldn't be the first time debased currency gets replaced.

[Anonymous No.19756709]

>>19756629
fuck you I was comfy with my suicide stack of 100toz but now I'm feeling the itch to buy a little more. Ffffuck.

[Anonymous No.19757364]

>>19756629

[Anonymous No.19757553]

>>19757364
Would like like to show the class what happens if you extend the earliest year past 1969? Would you also like to show the class what happens if you plot the inflation adjusted DJI against gold?

And the whole point is that silver is undervalued now, at this moment. Do you only buy real estate as the height a bubble, or stocks when they're at an ATH? You buy when a class is undervalued, so you can sell it off when it becomes overvalued relative to other classes that interest you. This is 101 stuff.

[Anonymous No.19757671]

>>19757553
Do you have data going back further? I couldn't find older data. Priced in USD would be okay too.

[Anonymous No.19757809]

>>19755303
Pawn shops. They charge $20-$21 for silver eagles depending on quantity, which makes them cheaper than eBay and the bullion dealers (unless you can afford to buy 10-100k worth of silver at a time). Only cheaper places to get them are from actual crackheads

[Anonymous No.19757938]

>>19757364
The data plotted a little bit more intuitively.

In other words: If you like silver so much, buy gold and exchange for silver a few years down the road.

[Anonymous No.19758002]

>>19757671
Unitl 1964, every dime, quarter, half dollar, and dollar coin in the US was made of 90% silver. You could, if you wanted, go to a bank and request all you money be paid out to you in these coins. This, combined with the fact that the 35 USD was supposed to be exchangeable for 1 oz of gold until 1971, meant we had a silver/gold price ratio of approx 25 (which is still higher than the constitutions explicit 15 ratio). You see the 3rd point from the right? That's 1971, when we finally moved the USD off of any pretense of a gold standard, and the price ratio is already approaching 30.

That spike in 1978 is the reaction to Fed chairman Volcker letting yields on bonds raise and wipe out all the malinvestment and dumb money in the stock market. This lead to people putting their money in gold and silver, but silver is cheaper and more susceptible to sudden moves, so you see a spike as it reaches its proper value. Similarly in the wake of 2008, the gap narrows a bit between the gold and silver price as people fled real estate. 2010 also marks the start of JPM shorting the silver market, and leads to the bizarrely stable high gold to silver ratio of the past decade.

The point being, our chart prior to 64 would have been a ratio of 15-1 silver to gold, then 25-1 silver to gold, followed by a decoupling, and then, a strange recoupling at a 100-1 ratio in 2010. Its histroically high ratio, which means you buy Ag now, wait for its value not to increase just in USD terms but in comparison to gold, so that you divest your silver and either pick up more gold than you otherwise could have bought, or move it into a non-bubbled asset.

[Anonymous No.19758026]

>>19757938
You buy silver now, then trade out for gold, because the previous 40 years have been all about keeping the ratio above the historic ~16:1

[Anonymous No.19758036]

useless shiny rock will drop to $0 price when elon musk mines the astrogroids. buy tsla stock instead. don't be a shiny rock boomer dumbass. tsla is up over 2x now and at 1000 usd per share. only idiots buy useless rocks like gold and silver.

[Anonymous No.19758094]

>>19758036
>Buying stocks after they've already mooned

[Anonymous No.19758109]

>>19758002
Why do you think that a specific ratio is destined to be approached?

Or let me ask you differently: If the gold and silver markets were completely undisturbed from manipulation and illiquidity, no unbacked paper-claims etc, which silver-to-gold-ratio would be approached and why? Which forces pull the ratio to what you think it will be?

[Anonymous No.19758112]

>>19758036
>>19758094
Buy high and sell low
the /biz/reali way

[Anonymous No.19758113]

>>19755200
It’s very shiny and feels nice in your hands

[Anonymous No.19758133]

>>19758026
Why wouldn't the group who manipulated the price of silver measured in gold for 40 years be able to manipulate for another decade, or two, or three?

Aren't you wasting your life waiting for this manipulation (which isn't even 100% confirmed to exist, it's a little bit tin-foil-hatty) to stop?

[Anonymous No.19758239]

>>19758133
I suspect it's more about them finally wanting to cash in for a huge gain with our threat of intense inflation currently.

[Anonymous No.19758421]

>>19758109
In terms of planetary composition, the ratio of silver to gold is about 9. However, this isn't that useful since there are limits to the depths we can reach with modern technology, and there are also limits to how much you'll spend to extract and purify silver ore based on the price you can sell it at. Remember, while gold almost exclusively comes form gold mines, silver is mined from both dedicated mines and as a byproduct of base metal mining. In fact, the silver price has been so low for so long, that most of the dedicated Ag mines in Peru and Mexico are shuttered. Should price rise in real terms, these mines reopen and start increasing the volume of available silver.

However, mine output data suggest we hit peak silver back in 2012 or so, so they'll be chasing diminishing returns unless a breakthrough mining tech comes about. Historically, the trade between gold and silver seems to go from 1:10 to 1:18, depending on when and where you are and what the local mineral wealth was like. I expect the paper markets in gold and silver to vanish as more and more institutions attempt to take physical delivery, and COMEX and LBMA are already having trouble scrounging up the metal to pay out. There is also the question of silver industrial use eating up mined silver, but its not like that metal is gone forever, electronics scrap is the richest ore on the planet. These introduce uncertainty, but even without a monetary case for silver, without the ETF manipulation I could see the ratio getting within the 50:1 or 40:1 range. Holding out for 15:1 would be max greed.

[Anonymous No.19758543]

>>19758133
There is now little practical difference between the US government, the Federal Reserve Bank, or private banking institutions. You should be more open to the idea of conspiracies since you live in a really shitty one. They were only manipulating for the last 10 buy the way. The 30 before that was a natural consequence of demonetization and trading metal as inflated ETFs. Even if I didn't believe in conspiracies, where the fuck would I put my money? Bond yields are being suppressed by the Fed, the stocks are clown world, corporate bonds are now nationalized, you cant start a business in this economy, commodities are all that's left.

[Anonymous No.19758634]

>>19758543
Commodities are also dramatically underbought relative to equities this rally. It’s almost like this is part of someone’s master plan, or at the very least a strong indicator of the real state of affairs

[Anonymous No.19758676]

>>19755200
It's not something to ruin yourself investing in. Like gold it's a mineral that will retain roughly the same value over time unlike fiat currency.
E.g. One ounce of gold will always be able to buy you a decent men's suit.

[Anonymous No.19758715]

>>19758421
So a few things would have to happen/have to be true:

1) Peak silver was in 2012.
2) You need steady demand for silver as an investment.
3) You need demand for physical delivery
4) There's something going on with previously industrially used silver.

To 1) Have you read "The Ultimate Resource" by Julian Lincoln Simon? Very recommended. Just like all the peak-oil cries have been wrong, I suspect this to be wrong too. There is no peak-anything, because human ingenuity will always find a way, if it pays. And you said it yourself: there's a feedback-loop of price and mining.

To 2) I don't think that's there. Who does that?

To 3) That's also never going to happen. Too much overhead.

To 4) That's a tricky one. If the electronics-silver is gone for good, because extraction would be too expensive to ever be feasible realistically, that's not a good thing. That means your stock went down, lowering the stock-to-flow ratio of silver. For example, I think the platinum stock-to-flow ratio is about 1, which means that every year the total available supply of platinum is mined. But it's also used up in industrial use, so it never increases.

That's the crux of industrial uses for things you want to use a financial asset. It's a bug, not a feature.

I don't want to blackpill anyone, but I really don't get the case for silver, outside of somewhat esoteric views on cosmic compositions and conspiracy theories. Which might well be true, but that only means, you'll have to wait for the lizard-people or whoever it is to give up. Why would that ever happen?

[Anonymous No.19758957]

>>19758715
1) mUh HuMaNs FiNd A wAy. Spare me the jackoff session. You want to find me a white paper on a mohorhovic discontinuity miner, you'll change my mind. Gold and silver arne't like oil, we've been hunting for them for thousands of years instead of 100.

2 I'm trying to help you see that there IS investment demand in silver, but its not retail for the most part. It doesn't matter if you don't believe its there, what matters is what accounts are buying out mine proudction.

3 Vaulting overhead is expensive. But if you anticipate a payoff that exceeds storage overhead, you'll do it.

4 Plat is a weird example since it wasn't discovered until the 17th century and has no history as a monetary metal. Its similar to palladium in that its uniquely useful as a catalyst and high temperature metal. Extraction of silver and gold ores from E-scrap is most certainly not too expensive to do. We do it right now, this instant. How young are you exactly?

Its clear that you don't want to learn new things or consider outside perspectives. Obviously you know everything about everything and have made perfectly optimized investments. What pray tell, should we put putting money in at this instant, in this bizarro economy.

[Anonymous No.19759123]

>>19758036
>mines the asteroids
>TSLA

What.

[Anonymous No.19759179]

>>19759123
I believe that’s what you call bait my friend

[Anonymous No.19759309]

>>19755200
>>19758026
>>19758133
I also wanna be redpilled about silver.
I have no idea why everyone on /pmg/ seems to be collecting it over gold.

The ratio thing sounds questionable, if it's being "manipulated" how do you know it would even ever end? Like that other anon said.

And physical silver isn't that liquid to trade... As someone worth 6-digits approaching 7-digit, buying silver then cashing in when the ratio is higher sounds like it would involve me sending tens of pounds of silver through the mail... Sounds risky, unwieldy, and like it would call attention from people like the IRS.
Unlike trading crypto where you can buy and sell with a click.

As someone who has only traditional investments (index funds and real estate) as well as bitcoin, looking to buy gold bullion rn, redpill me on why I should choose physical silver instead.

The only real reason I see people at /pmg/ choose it over gold is that it seems they're too poor to buy gold.

[Anonymous No.19759397]

https://www.docdroid.net/vQ2bWtl/document#page=8

>here is a 12 page analysis I wrote

[Anonymous No.19759411]

>>19759309
If you don't have it, then you don't own it.

What happens if a big silver ETF client demands delivery and the ETF can't meet the demand?

[Anonymous No.19759459]

>>19759411
They liquidate their positions at a "fair market price"

[Anonymous No.19759490]

>>19759459
that basically says to me that the underlying asset of the ETF doesn't exist.

[Anonymous No.19759502]

>>19759490
ur mum m8

[Anonymous No.19759508]

>>19759411
You misunderstood me.
I have no plans in owning paper silver or paper gold.

What I'm talking about is why I would choose physical silver over physical gold as someone who is worth 6-digit nearing 7-digit.

Just to jnvest $6000, it's either 10 KILOGRAMS of silver (which sounds like a huge hassle to mail in when I want to cash in), or 10x 100gram gold bars (which are all pretty small and very convenient).

Also silver looks like any other metal while gold is very distinctive looking.

Along with my points here >>19759309
Why would I ever choose gold

[Anonymous No.19759551]

>>19759502

[Anonymous No.19759578]

>>19759309
>The only real reason I see people at /pmg/ choose it over gold is that it seems they're too poor to buy gold.
This is a big reason you see it shilled on biz, since everyone here has no money and is a shitcoin gambler.

However, you need to remember that in order to provided liquidity, they introduced certificates and ETFs to make trading simple and easy. However this system has allowed lots of fuckery. Metals are illiquid, but not as much as real estate. Insured shipping exists, and anyone trying to buy it from you would be able to pay for that. Its not like you don't get taxed when you sell silver to a bullion company now anyway. And liquidity issues could be solved in the future by combining block chain with secured vaults getting daily audits.

The question about whether to buy gold or silver is when you want to exchange it out for something else. The only reasons to manipulate the price down, WHILE buying it up would be because you intend to stop depressing the price and sell it in the future, or because you're doing it for a governmental backer. Unless you forsee silver going 110 times less valuable than gold, you're at minimum preserving your ability to buy the same amount of gold today (if the ratios don't change), or more gold in the future (if the ratio narrows)

[Anonymous No.19759580]

>>19759508
>Why would I ever choose gold
I meant, why would I ever cost silver

[Anonymous No.19759667]

>>19759508
>Why would I ever choose gold
I meant, why would I ever choose silver

>>19759411
>>19759578
Oh no no, I never had any intention to buying paper metals.
I understand printing and fractional reserves, I have zero interest in it.

I was referring mainly to why silver over gold
It just seems unwieldy when you start getting into high 5-digit to 6-digit amounts.

[Anonymous No.19759695]

>>19759397

>>19759508
>>19759309
There's even a table of contents

[Anonymous No.19759764]

>>19759508
>Just to jnvest $6000, it's either 10 KILOGRAMS of silver (which sounds like a huge hassle to mail in when I want to cash in), or 10x 100gram gold bars (which are all pretty small and very convenient).


I think that's the problem with metals. I own a few grand in physical gold, but if I ever want to implement some sort of "Austrian Investing" [1] scheme where I periodically rebalance to 25% gold holdings, then that simply can't be done physically. If you're approaching $1m, that's ~5kg of gold (about $250k) that you would have to schlepp around every quarter or so. Aside from the impracticability of that, it's also dangerous.

Thank god there's now the technology to hold the hardest asset in human history physically and it costs only a few cents worth of paper and a laptop to do so.


[1] "Austrian School for Investors: Austrian Investing between Inflation and Deflation, 2nd Edition"; Rahim Taghizadegan et.al.

[Anonymous No.19759778]

I have silver, but it's only mooned like twice and even if they are suppressing it, jpm kikes will keep doing it. Rather have got gold with what I spend on silver, but whatever.

[Anonymous No.19759820]

>>19759667
I absolutely get that dude, and storage/theft concerns at that volume are a real factor if you don't intent to go for a vaulting service (and lose money every year). Its not like I'm suggesting you go off and buy 500k in silver bars, but that if the idea of playing the odds on the ratio is interesting you can store about 40lbs of silver metal in a shoebox. 540k is 30,000oz t silver, which takes up 9 cubic feet. Or you can do some midnight gardening, and bury 10in PVC pipes full of bullion. Put the gold in a floor safe.

[Anonymous No.19759834]

>>19759764
correction: you would only have to schlepp around the difference in percentages to re-balance physically. So a 10% increase in gold vis-a-vi for example USD means, you have to carry "only" $25k worth of gold around, which is still about half a kilogram. Still cumbersome and still dangerous.

[Anonymous No.19759904]

>>19759834
Half a kilogram? Wow. I had no idea carrying around just north of 2 pounds was so difficult.

[Anonymous No.19759907]

>>19759764
Oh, its a BTC retard, now the posts come into crystal focus. The funniest part is that blockchain will finally make metals liquid, as the minute quantities of silver and gold can be traded in total security, with vault accountings being done every week. I hope you realize that this was coming, and BTC will always be a speculating toy. At least the XMR posters seem to believe in their project.

[Anonymous No.19759938]

>>19759904
It's not about the weight, but the value. How do you ensure $25k in your backpack? Getting stopped by a cop? Civil asset forfeitured. Maybe your networth is so low, that that's not going to be a problem, but for some people, it clearly is.

[Anonymous No.19759952]

I hold physical but also mining stocks.

[Anonymous No.19759956]

silver is intrinsically worthless

[Anonymous No.19760154]

>>19759938
I can appreciate its the value of it, rather than the weight. But why would a cop jack your gold w/o probable cause? If you have $25k in gold, I bet you have an attorney friend who'd be interested in that case.

Also, I wouldn't use a backpack. I'd have a small portable safe (like a pistol safe) to transport that in.

[Anonymous No.19760171]

>>19759956
>silver intrinsically worthless
>literally has over 30,000 practical applications in industries ranging from electronics to medicine

get a load of this guy

[Anonymous No.19760479]

>>19755200
silver is like altcoins for boomers
it's more volatile so you can make a fucking huge gain but also lose a shit ton of money

[Anonymous No.19760482]

>>19757364
>50 years is sufficient data to predict 500 year cycle

[Anonymous No.19760802]

Most people seem to frame silver as a leveraged bet on gold ("I'll buy silver then flip it for more gold when the ratio reverts"). But then there are a number of assumptions baked in about silver mooning which simply may never play out if it doesn't become a monetary metal after fiat collapses. If you want a leveraged bet on gold that requires no other assumptions other than gold itself mooning, just go into gold mining indexes.

I hold 150toz of silver myself but in retrospect I rather wish I'd have just bought an extra 1.5 of gold. It really is like gold's Litecoin equivalent, and the diehards are equally deluded.

[Anonymous No.19760875]

>>19760802
What’s your take on platinum?

[Anonymous No.19760892]

>>19760802
I think the feeling is gold will moon and silver will follow. Especially given the large amounts of manipulation done to silver will cause it to moon way more drastically (correct).

[Anonymous No.19760909]

>>19758036
Oh to be a pie-eyed dreamer once again.

[Anonymous No.19760975]

>>19760892
Well that's precisely the thing. That bet on silver mooning harder requires gold to moon, and then silver to follow. The latter is not guaranteed if the former happens. Either because it is not adopted as a monetary metal, or it keeps being manipulated by JPM, or any other number of reasons.

But if you buy mining indices, the only thing you need in order to 'moon harder' than gold is for gold to moon in the first place. The only situation where it loses ia if gold is abandoned as a store of value and silver takes off without it, which I think literally nobody alive foresees happening or being even remotely probable.

[Anonymous No.19761012]

>bought silver at a $20 premium during the corona panic
>has to rise up that high at spot just for me to break even

[Anonymous No.19761030]

>>19761012
You should never FOMO into anything. Try and develop a long term strategy and DCA into it

[Anonymous No.19761038]

Look, it really doesn't matter what you put your money in as long as it's not the dollar. Maybe gold is a better bet. Maybe silver. Is it worth arguing over pennies if there is a dollar collapse?

[Anonymous No.19761042]

>>19761012
retard

[Anonymous No.19761079]

>>19761012
Look on the bright side, at least you're not holding worthless paper notes backed by nothing but JPow's dusty farts anymore.

[Anonymous No.19761081]

I like how some Jew 50 years ago wrote down "hyperinflation Soo fellow stalker, buy gold now" and now every libertarian on the planet buys up gold whenever the market hiccups

[Anonymous No.19761087]

>>19759309

>if it's being "manipulated" how do you know it
would even ever end?

It's ending imminently. People in the PM community are discussing this every day.

https://www.youtube.com/watch?v=LcN5_ZqNUl4

[Anonymous No.19761090]

>>19760975
The theory goes something like this and is echoed in this thread.

>JPmorgan is holding a kike stash of silver. While keeping the price down to acoomulate more silver through printing paper oz.
>the dollar is being printed to retardation
>other countries (B.R.I.C.S.) have a mass supply of gold
>to counter act a BRICS gold standard which is obviously to destroy the dollar would be to create a counter dollar backed in silver.
>this goes back to why does JPMorgan hold that kike stash and for who?

most goys in America don’t own any silver, even rich niggers only like diamonds and gold. This would make the banks/government (the same thing now) the unquestionable rulers of this hemisphere.

That’s my take famalam. That said I only have 400oz and I am a poor fag who is only coming to this conclusion on a Mongolian dice game forum.

[Anonymous No.19761122]

>>19761087
What, would expect someone hodling to say "nah my investment isn't gonna pay off"?

[Anonymous No.19761143]

i cant believe no one has posted the silver graph

[Anonymous No.19761158]

>>19761090
It's too far into conspiracyland for me and I've never seen good clear evidence of them actually stashing hoards of silver, or if so, evidence of them doing it on behalf of the US. Meanwhile the gold standard has precedent and the daily debasement of the USD is no conspiracy, it's right out in the open. So I'd place my bets on historic precedent and available evidence instead of believing /x/ tier NWO junk. I mean get real, it's just a fucking screenshot of that series of posts from apuanon that you all are going off of.

[Anonymous No.19761202]

>>19761143
>magic spells

lmao why do you conspiracy fucks always jump the shark like this? How can anyone believe anything in this chart when there is a footnote about people casting avakedavra at each other.

[Anonymous No.19761279]

>>19761202
>he doesn't know

[Anonymous No.19761316]

>>19761158
Well in history silver was seen almost as valuable as gold. Paper money is the equivalent of the philosophers stone. Unfortunately that game is ending, all fiats do throughout history. They are printed into oblivion and burn economies to the ground. Everyone goes back to gold and silver.

You can do what you want but for me it’s spending money on the following: silver, lead, and seeds. Half the country is still on some form of lockdown, and unemployment is through the roof as the fed is still printing money. Several nations are at one another’s throats and multiple can at a whim collapse the US banking system. We are living a tin foil nightmare and you are acting like it’s all normal. The financial stress the system is under is obvious and the freezing of the repo market was almost the end. We are witnessing a controlled burn and right now silver is hard to get your hands on. Someone is scrambling to buy and it’s not a bunch of permavirgins on /biz/. Big money is at play here to the point they are buying out internet PM dealers of everything.

>TL;DR: the Jews are burning this bad Larry to the ground and the only hope we have is grabbing the last bit of actual wealth that exists and is real.

[Anonymous No.19761334]

It's a metal that holds it's value like gold and you can get a lot of it for less money. I personally stash money in every market I can touch. I've got a 401k for index funds, I've got private money in companies I trust, I've got a position in Crypto for staking with alt coins, and I've got metals. One of them has to make money long term so I can retire and not live like shit.

If silver isn't a good investment to you go invest in something you think is.

[Anonymous No.19761392]

>>19761202
Tradcuck conspiracy theorists, like the QAnon people, have this odd complex where they think their enemies are literal agents of Satan using black magic in an existential war against God and his chosen - even though I'm not sure what part of Christian theology even allows for the existence of black magic to have an actual, temporal effect on an omniscient and omnipotent God's domain. That in itself seems like to me like it gives Satan too much agency and too much credit.

[Anonymous No.19761535]

>>19757553
Nothing wrong w debt

[Anonymous No.19761558]

>>19760975
That's why it will happen.

[Anonymous No.19761615]

>>19761392
>he doesn’t know about the demiurge
Seriously though, conspiracy dudes will invoke all manner of hilarity based on whatever pseudomystical horseshit they can dream up

[Anonymous No.19761732]

>>19761012
>$20 premium
how? i never saw premiums that high, that's over 100%

[Anonymous No.19761965]

>>19761392
>their enemies are literal agents of Satan
Like the Jews? So ya literally agents of satan.

[Anonymous No.19762054]

>>19761732

Is there any legit sites of Ireland/ UK to buy silver with crypto? I found bitgild but fucking hell that is charging me 23 euro a fucking pop. Insane. No way am I buying at that

[Anonymous No.19762176]

>>19761965
I guess. Still though, black magic - what part of scripture allows for its existence?

[Anonymous No.19763279]

>>19761202
you have no faith
witness my digits

[Anonymous No.19763586]

>>19756709
I consider 1000 oz a suicide stack

[Anonymous No.19763626]

You'll want to port over something like a quarter of what you get from the bullrun to PMs.

[Anonymous No.19763857]

>>19762176
I think the “black magic” is usury, pornography and basically breaking down the morals of society

[Anonymous No.19763935]

>>19763857
So basically, you're just making up words for stuff you don't like. That's about what I figured with this QAnon shit.