/biz/ - Business & Finance

[SHILL ME SILVER YOU SILVERCUCK(...) No.23680949]

I'm already comfy on a nice stack of gold, but I still didn't bought the silver meme. Seeing the 5 years chart makes me kek so hard at people who bought this year.

But considering the ((Great Reset)) I want to invest more into PM's.

Why the FUCK should I buy silver ?

[Anonymous No.23680964]

>>23680949
Silver is and has been a meme. Its a shiny rock that has lost value since 2008 consistently

[Anonymous No.23680989]

the hype around silver makes zero sense and I am convinced it’s just miners and banks hoodwinking people into thinking there will be an ebin pump, which will never happen

[Anonymous No.23681004]

>>23680989
even if it does pump no one will buy it from the retards who have been stacking it

[Anonymous No.23681061]

>>23680949
cause its required for a lot new tech to function like quantum computers and 5g antennas due to its high conductivity. most current tech isnt bottlenecked by the types of metals used in the connectors and wires but eith the new high speed addiction we are starting to see products that require silver. even in the audio community they are starting to use silver wires. conspiracy theories aside, silvers demand is only gonna continue to go up assuming technology isnt just some "fad" but if i were gonna put money on something, it would be that technology is sticking around and only gonna continue to advance

[Anonymous No.23681107]

>>23681061
They only use silver because gold is too expensive. Enjoy second place

[Anonymous No.23681162]

>>23681061
Boomers have been saying that shit since the 1970's. Still hasn't happened

[Anonymous No.23681239]

>>23681107
ya ur just retarded i guess, clearly dont know a thing about computer hardware

[Anonymous No.23681263]

>>23681162
i havnt heard a single boomer say anyting like that, this is something i observed from being in the industry, on the 70's we didnt have tech that gave a shit about metal conductivity

[Anonymous No.23681275]

>>23681162
My basa guitar has silver frets and hardware, sound is perfect and the transmition time is incredible low, plus it looks shine very aesthetic.
Only gods use silver as tech improvement and normies look for goold or copper like the literal retards they are, gold supply is way too low and it will never be used for anything else than jewerly and some stupid ass shit phone covers

[Anonymous No.23681279]

>>23681239
My average buy-in is ~$12/oz, retard. I’m not saying I don’t own any, I’m saying it’s a poor substitute for gold in all the applications described

[Anonymous No.23681316]

>>23680964
>>23680989
>>23681004
>>23681107
>>23681162
>t. brainlets who ngmi

[Anonymous No.23681324]

>>23681107
>>23681279
Silver is a better conductor than gold.

[Anonymous No.23681338]

>>23680949
anyone stacking precious metals now is a complete retard. you are literally buying the top.

[Anonymous No.23681379]

>>23681324
It also oxidizes, which gold does not. There isn’t a single application in electronics where if price were not a factor people wouldn’t use gold instead of silver
>>23681338
This with the possible exception of platinum

[Anonymous No.23681393]

When i read posts like this >>23681338 i know why i'm part of the 1% while stupid goyim remain broke all their lives.

[Anonymous No.23681433]

>>23681279
i didnt say shit about ur stack, just that its not a shit substitute, atleast in computer hardware. silver is the most conductive metal, gold just has better corrosion resistance but we live in a world of "planned obsoleteness" so when the conductivity is what matters, corrosion resistance wont matter. especially when it becomes mass produced

[Anonymous No.23681448]

>>23681393
ok retard

[Anonymous No.23681481]

>>23681433
Yeah maybe. Just be aware you’re potentially buying near the top and my have to hold a long time to recoup. For what it’s worth, I’m not selling

[Anonymous No.23681503]

>>23681379
thats generally true right now but technology is not static, it is the quickest advancing industry in history. assuming 5g becomes consumer grade, price will 100% be a factor and they will use silver

[Anonymous No.23681518]

>>23681448
>being so short sighted your ATH is on a 10y scale
Gold never have been cheaper the past 6000 years. Anyway, gold doesn't interest me, it's shit. I'm 100% a silver Chad.

[Anonymous No.23681521]

>>23681393
>1%
Yeah, that's the amount of gains you'll get if you buy these stupid shiny rocks

[Anonymous No.23681548]

>>23681503
Big fucking deal. Do the math on how much silver they might possibly use per phone and work backwards. Oh wait, you’re too retarded to do real due diligence and instead just fomo in when it’s high and do whatever mental gymnastics you have to to justify your choice

[Anonymous No.23681563]

>>23681481
I agree, buying metal for quick gains isnt a goodidea no matter where it is imo and if ur tying to make money now isnt a good time at all

[Anonymous No.23681564]

>>23681521
No, it's the percentage of my stack i'll have to use to buy your mom, wife and daughters for my harem.

[Anonymous No.23681570]

Doubled since I got in a year ago with the f*** are you guys talking about?

It's gonna hit 50 in the next 10yrs

[Anonymous No.23681633]

>>23680989
lol did you mean Epic pump? learn to spell

[Anonymous No.23681700]

>>23681570
boomers being boomers not realising its not the 1900's anymore

[Anonymous No.23681724]

>>23681518
ok retard

[Anonymous No.23681787]

Silver by default is an industrial metal but when the strength of the dollar diminishes and gold starts to rally than the gold to silver ratio/gap closes. You want to buy silver when the gold to silver ratio is high. The whole lore of silver is in it's volatility. If you want a store of value than just buy gold.

[Anonymous No.23681820]

>>23681548
i bought thetop on a single 5oz bar, my average is still 22$ cad and its like 30ish cad. i also inherited a few 1kg bars i dont have in that calculation so im not too worried lol.