Give me one reason to buy silver

[Anonymous No.27411260]

I am on the fence make me fomo

[Anonymous No.27411325]

>>27411260
Dont

[Anonymous No.27411516]

>>27411260
I just went out today and bought 8 10 oz bars. Had to pay $35/oz.

[Yukon Cornelius No.27411585]

>>27411260
>JPM already got caught manipulating metals market

[Anonymous No.27411633]

>>27411260
Dont follow these bullshit trends, i bought xrp gme and nakd and im 50% in the red. Desided to buy something i see making money got bnb and its the only thing in green.Probbably gonna sell gme tommorow and short it fuck reddit

[Anonymous No.27411647]

>>27411260
If you buy you are helping mexicans and china

[Anonymous No.27411678]

>>27411260
shiny and chrome

[Yukon Cornelius No.27411698]

>>27411260
>>27411585
>JPM dumps 1,000,000,000 ounces (not dollars worth of ounces, 1-BILLION-OUNCES) in futures contracts

[Anonymous No.27411732]

>>27411260
It's actually a very safe bet, and there's always the chance that all that paper silver will be exposed and the price will adjust to the real supply (i.e. moon)
Also it's cool and fun to have.

[Anonymous No.27411762]

>>27411633
>buy high

[Anonymous No.27411786]

>>27411633
Silver is not a bullshit trend, it's going up because the government is printing money.
This is the big one, boys.

[Yukon Cornelius No.27411797]

>>27411260
>>27411585
>>27411698
>They only have 500 Million ounces accounted for.

[Anonymous No.27411803]

>>27411260
Buy digital silver instead

[Anonymous No.27411824]

>>27411260
Lol. Yeah no.

[Anonymous No.27411849]

>>27411260
It is shiny

[Anonymous No.27411864]

>>27411260
There’s almost 0 chance of the rug getting pulled and it can’t be inflated away from you.

[Anonymous No.27411908]

SLV is a fucking scam. It's the tether of modern finance.

Imagine I made an ERC-20 called silver token, and I claim this is an ERC-20 based on the price of silver. I then begin minting more tokens to keep the price at the proper point (without backing them with real silver) using fractional economics. Eventually, there are hundreds of times more of my token out there than physical silver. But, the market cap of silver, which is supposed to be reflected in my token, is instead counted with it. All of my valueless ERC-20 tokens are counted towards the total marketcap of physical silver, and since people can get into the price action of silver with less premiums, the physical silver actually begins following my ERC-20.

Now imagine people are actually starting to physical silver, the price of it is going to rise. But, since my ERC-20 market is already flooded, people who never owned physical silver in their life are able to dump on the physical silver price. What happens? Premiums shoot up to cover the disparity between physical silver, which is still subject to the laws of supply and demand, while my shitcoins trade at lower and lower % of the spot+premium price.

Eventually, the price of physical silver will become so high that people will begin to question why my ERC-20 is worth so much less. They will want to call delivery on this silver which they believe they own, only to find out they never held any to begin with. The marketcap of physical silver catches up to the marketcap of physical silver + ERC-20 silver, and boom, your physical silver is now worth 230x what it was originally.

Only difference in this analogy? ERC-20's are real whereas SLV is fiat, and you can't call delivery on ERC-20's

If we can take down SLV, they will revalue Gold accordingly and the modern fiat banking system is literally ruined

[Yukon Cornelius No.27412000]

>>27411260
>>27411585
>>27411698
>>27411797
>We don't mine enough to cover demand.

[Anonymous No.27412011]

>>27411260
It's shinny and everyone is trying to say it's stupid. How is taking your wealth out of someone else hands and holding it in your own ever stupid. Answer is. It's not

[Anonymous No.27412048]

>>27411260
By the way, don’t take my word for it, look at the the INSANE amount of shills posting today on virtually every facet of 4chan, shills who are determined for you not to own a piece of metal?

[Anonymous No.27412109]

>>27411260
Precious metals cannot be inflated away into nothing. When the economy crashes and the US dollar is worthless precious metals will still have value

[Anonymous No.27412125]

>>27411260
You hesitated, it's too late. Have fun sucking dik for eternity.

[Anonymous No.27412132]

>>27411260

THE SILVER RUN IS OVER
WHEN THE MEDIA REPORTS ANOUT A MEME RUN
YOU NO THE PUMP IS GONE

[Anonymous No.27412143]

>>27411260
300oz last week, but i don't see this going as far as people are dreaming of. Banks aren't going to let silver get away from them.

[Anonymous No.27412205]

>>27411698
>1 billion ounces
how could they so brazenly manipulate the market? are there even 1 billion ounces in circulation?
https://www.gainesvillecoins.com/blog/how-much-silver-in-the-world#:~:text=The%20most%20reliable%20industry%20estimates,widely%20from%20source%20to%20source.
>The most reliable industry estimates seem to agree that there are around 3 billion ounces of .999-fine silver in circulation around the world.
so you're telling me ONE company sold 1/3rd of the total existing silver bullion today?

[Yukon Cornelius No.27412231]

[Anonymous No.27412332]

>>27411260
buy only physical. Just buy like 10oz if you don't want to be heavily in the red here. Hard metals are good to have at any point in time. Silver was already predicted to bull due to massive devaluation of it for years now. Right now is the time to get in on it. Forget the political "FUCK ZOG" shit, its guaranteed $$$, if not now than in a couple years. I already bought like 60oz this week. If it makes you feel better this whole board has made a pact to buy. So if they somehow dump on the market the nonexistent silver they supposedly have it wont be just you who gets fucked.

[Anonymous No.27412354]

>>27412132
Its only up a few bucks.

[Anonymous No.27412355]

>>27411260
Perhaps the fact bullion outlets are sold out almost everywhere? Hope that helps. You certainly won't lose like an INEVITABLE GME crash. .

[Anonymous No.27412361]

>>27411908
good explanation, fren.

is buying $PSLV a good idea since you are theoretically able to demand delivery with it?

[Yukon Cornelius No.27412437]

>>27412205
Yep, that's what they're claiming.

[Anonymous No.27412571]

>>27411260
Industrial demand EV's ten years make a 5x
Hedge against inflation protect purchasing from currency devaluation, treat it as a savings account

[Anonymous No.27412572]

>>27411762
I bought xrp at .76 almost, bought gme at 411 at nakd 1.82
>>27411786
Its a scam as the other crap thats being promoted

[Anonymous No.27412582]

>>27411633
kek. is it hard to breathe with that thing?

[Anonymous No.27412620]

>>27412354
>a few bucks
you sure about that?

[Anonymous No.27412676]

>>27411260
35% of all printed USD in NOV of 2020 was printed that year. Free 2k stimulus checks will be mailed to anyone that files taxes. Oil and manufacturing under attack. Paris climate accord, china punching back from tariffs.
>great reset
Objective:systematically Zimbabwe the fuck out of our greenbacks. Do what you can with your monopoly money until the one world government is
>building back better
While you sit on a silver throne, selling into whatever crypto survives the regulations to buy independent property and live outside the thumb of authoritarianism until the next revolutionary reset happens.

[Anonymous No.27412696]

>>27412354
up a few bucks is what silver usually does over the course of a year.

[Anonymous No.27412776]

>>27412361
PSLV or actual physical silver is the way to go. a fool will tell you silver is a bad investment. Is it going to jump to $1000 in a week? doubt it. Will you get your money back plus some extra when you sell? definitely.

[Anonymous No.27412797]

>>27411260
It will always be valuable and as a finite resource, it will only increase in value as it is needed for new-age technology.

[Anonymous No.27413028]

>>27412620
Spot price per oz has only gone up a few bucks the last couple weeks. Dont get suckered with stupid coins

[Anonymous No.27413045]

>>27412620
what the fuck, it was $32 yesterday. what site is gouging like that?

[Anonymous No.27413161]

>>27412696
I know, but whats going on now is unusual

[Anonymous No.27413169]

>>27411516
Ouch, I bought 6 10 oz bars and 11 silver rounds for $28/oz this morning.

[Anonymous No.27413190]

>>27412620
It's transitioning from bullion to jewelery all while maintaining the original aestethic
Brilliant

[Anonymous No.27413217]

>>27411260
If you do FOMO, buy physical silver. It is sold out online, but when I was at the local coin shop buying 100 oz bar, I did see some rounds still there. My guess is you would have until tomorrow until you cant buy physical anymore until they restock.

[Anonymous No.27413229]

>>27413028
the american silver eagle is not a "stupid coin" retard. the point is the premium is going up a lot because the spot price is fake

[Anonymous No.27413275]

Pro Silver points:

>"The silver market is even more heavily leveraged with paper, meaning even further divorced from the real world. Veteran precious metals commentator, Steve St. Angelo has estimated the paper ratio in the silver futures market at 233:1."

https://dynamicwealthresearch.com/news/physical-silver-decoupling-from-paper-market#:~:text=The%20silver%20market%20is%20even,futures%20market%20at%20233%3A1.

The silver futures market is overtrading trading paper silver to physical silver 130-500 times over varying by sources. This means that the actual supply of physical silver is a fraction of what is being represented on the indices. To add to this, paper traded silver is inflating the total market cap of actual silver in existence and a portion of the silver included in this market cap is being processed to manufacture actual products that require it. The total market cap of PHYSICAL silver is much smaller than reported.

The price is set at a derivatives market called the COMEX where the banks are over leveraged 150 to 1. We're going to cause a default there by buying physical so that the paper price becomes meaningless.

>Commodities historically undervalued relative to dollars

>Silver used in electronics and EV batteries

A movement to purchase and safekeep silver would bring the price up back to its actual value and more. If everybody in the US bought a 10 ounce coin, you would see a global shift in attitudes towards silver and against relying solely on paper fiat and cryptos as a wealth preserver.
I'd advocate for physical silver purchases, paper trading might win you some battles but physical purchases will win the war.

Cryptocurrency market cap is around 1 trillion+ dollars.

Silver's market Cap is around 1.4 trillion dollars, and has much more utility to support manufacturing and wealth preservation.

for every 1% that a crypto holder diverts their savings into PHYSICAL silver, Silver would go up 0.7% alone.

[Anonymous No.27413294]

>>27412125
Im curious, how exactly would one profit from owning silver or gold? How do you actually make money out of it? Just HODL it and sell when price is higher?

[Anonymous No.27413422]

>>27411260
Even if Citadel is shilling silver because they hold the 5th most paper silver it’s a dangerous game they are playing. They are under the assumption that they can sell their paper silver and everyone will buy it and not try to get the physical asset. Once there is wide-spread realization that there isn’t enough silver to match paper silver their holdings mean nothing and physical silver will skyrocket. It’s a dangerous game they are attempting but I guess they are not holding back and will try to cover their GME loses using silver.

[Anonymous No.27413420]

>>27412205

This is why buying paper silver and bullshit contracts is a worthless endeavor, the whole market needs to buy PHYSICAL and then demand delivery so we can get expose the non suppressed price

[Anonymous No.27413433]

>>27413294
it's going up because the government keeps printing money

silver and gold used to be money and act as a medium of exchange

the us dollar will be worthless

[Anonymous No.27413464]

>>27411698
1 billion ounces is 30 metric tonnes, which is the annual global production

WHO THE FUCK CAN DELIVER THIS?????

[Anonymous No.27413477]

>>27411260
It's literally physical currency that is currently valued way lower than it should for its prevalancy compared to gold. Silver has way more uses and is mainly mined as a byproduct

[Anonymous No.27413485]

>>27413045
APMEX

[Anonymous No.27413527]

>>27413229
Explain to me how the spot price is fake. Apparently I am a retard

[Anonymous No.27413538]

>>27413045
thats apmex but all sites are doing that
and thats not even the real price its a another couple bucks higher is you buy with card

[Yukon Cornelius No.27413573]

>>27413464
Nobody. That's why it's in everyone's best interest to buy physical and put a strain on supply.

[Anonymous No.27413627]

>>27411260
don't it's shit, buy GME before the launch.

[Anonymous No.27413746]

>>27411260
its too late to buy it now, if you buy it now then you'll be in the red when the hype disappears

[Anonymous No.27413753]

>>27412132
Was the media making jokes about it or encouraging people to do it? People keep saying or the news is talking about it.. Well in what context. Are they afraid and telling people it's meme or are they encourageing others to do the same?

[Anonymous No.27413789]

>>27413433
Ya, im aware of how the price goes up, but how do YOU profit from it? Do you just buy, hold for a long time and then sell? Is there no way of obtaining a passive income like you would with crypto stacking?

[Anonymous No.27413811]

Got this today. The guys phone was ringing off the hook with people wanting silver

[Anonymous No.27413851]

>>27412572
announce your next move so I know when to sell, thx anon

[Anonymous No.27413902]

>>27413275
kek, i love how they say 'reddit discovered silver'.

[Anonymous No.27413915]

>>27413169
Where do you get physical without a premium?

[Anonymous No.27413980]

>>27411260
https://www.zerohedge.com/markets/unprecedented-history-apmex-ceo-explains-why-they-halted-silver-bullion-sales-over-weekend

We're gonna make it boys

[Anonymous No.27413982]

>>27413573
Well, do you think the mines will do their part or will they increase production?

[Anonymous No.27414016]

>>27411516
have fun losing all of your money silver has been below 25 an ounce for like 7 years straight, after this jewish psyop fluke is over silver prices will go back down to 20 an ounce and youll be the retard who bought it at a 5 year high

[Anonymous No.27414076]

>>27413464
Anon, it would take a hundred years to produce enough silver to cover to the shorts

[Anonymous No.27414128]

>>27413789
if you rub your bars together they have babies

[Anonymous No.27414210]

>>27413789
Maybe ETFs that pay dividends.
This isn't about steady income, it's about a massive increase in wealth. This is a once in a lifetime opportunity.
Everyone is getting into $AG
https://stocktwits.com/symbol/AG

[Anonymous No.27414229]

>>27413982
They will of course try and ramp production but they cannot mine and refine anywhere near what the ongoing demand is and would be in the future.

If everybody in the us spent $300 on physical silver tomorrow, it would be owned outright by everyday citizens.

[Yukon Cornelius No.27414237]

>>27413982
I'm sure they'll do what they can to ramp up production but I don't see that being enough. It's speculated, too, that the Myanmar coup was initiated by JPM in order to seize silver stashes. If they're toppling governments over this then no, I don't think they're gonna make it.

[Anonymous No.27414320]

>>27413982
Well they will need to increase production which isn’t easy to do with mining lmao
It’s not like a manufacturing factory that can just increase production easy. Opening up any new mines to meet demand is probably costly and takes time also.

[Anonymous No.27414334]

>>27411260
Honestly, what's the worst thing that can happen? This isn't GME or some fagcoin. This is a real, tangible investment that has maintained value since the dawn of man. Right now the world economy is tied up in a quarantine. I'm not sure about other countries, but the US is printing fiat currency out to pay stimulus checks to everyone (including illegal fucking immigrants). Although we have a vaccine now, I don't see things returning to normal anytime soon. I wonder how many rounds of stimulus checks will be printed this year? When the US government prints out more and more money, the consequence is inflation. That means the purchasing power of USD decreases. China has a strategic interest in replacing USD with a Chinese cryptocurrency as the petrodollar (and thus the world currency). Do you think China Joe is going to stand in China's way? Instead, he will try to print out even more "money" in the form of $10k student loan forgiveness on top of continuous stimulus checks. The future of the USD as a world currency is bleak. Once countries lose complete faith in USD, things are going to get real shitty. This is why you should own physical silver. It works as a hedge against the massive amount of inflation the USD will experience soon. That is just one of many reasons why you should hold at least SOME physical silver. I'd consider buying the next dip you see.

[Anonymous No.27414396]

>>27413527
its paper trades

[Anonymous No.27414434]

>>27411633
ffs, of all things, don't short GME now

also, Silver is different, because it will retai value and cannot crash I mean it can drop to a somewhat lower price, but it will not crash

[Anonymous No.27414491]

>>27411260
dont buy high, wait till next fall.
t bought in 2008 and 12. Im selling on ebay.

[Anonymous No.27414522]

>>27414016
Still worth more than the meme that is USD at this point

[Anonymous No.27414584]

>>27411260
no one can make you do anything. if you want to miss out that's on you, or not miss out your choice bud. which choice is which though bud that's where it gets down right murky

[Anonymous No.27414596]

>>27414229
>If everybody in the us spent $300 on physical silver tomorrow, it would be owned outright by everyday citizens.
Rrrrright, but you do know that only some 10% of people may be willing to do that at some point, right?

[Anonymous No.27414610]

>>27411260
global financial collapse imminent; one of the best ways to cash out of their system

[Anonymous No.27414653]

>>27414016
How aam I going to lose all my money? Silver will always have value

[Anonymous No.27414715]

I've been into crypto and stocks for a while now, but after the recent hype I decided to bust out my silver stack that I had almost forgot about (bought at $18 per oz btw) I was just hypnotized by the bars and 60 year old coins for about half an hour. It was like some natural human reaction to precious metals that's in our DNA from the old times. I hold link, btc, eth and all that so I'm not a boomer, but trust me silver is valuable and the price is definitely suppressed to make people forget about it.

[Anonymous No.27414746]

>>27414016
Your monopoly money is going to inflate and be worthless while silver will always hold value.
You don't buy silver to make money you buy it to have money when the dollar fails.

[Anonymous No.27414765]

>>27411260
It's shiny and pretty and makes jews mad

[Anonymous No.27414777]

>>27414210
>This isn't about steady income, it's about a massive increase in wealth. This is a once in a lifetime opportunity.
>Everyone is getting into $AG
Tell me more! How much would I need to invest initially? What are the profit predictions? Where would I buy it if I am a foreigner?

[Anonymous No.27414841]

Cause we're nearing the day of the rock

[Anonymous No.27415073]

I bought AG instead of SLV. Is that better?

[Anonymous No.27415094]

>>27414765
I like the metal. Silver to the moon! The money of the peons.

[Anonymous No.27415101]

How does a danefag invest in silver? There's a 25% VAT and they are run by kikes, cheapest silver I've seen are coins costing 2x the silver value and bars costing even more than than.

[Anonymous No.27415251]

I wanted silver as soon as democrats got elected. It is used in things like solar panels and I have a feeling democrats will have all kinds of environmental programs for things that need silver

[Anonymous No.27415442]

>>27415251
basically all high end electronics use silver

[Anonymous No.27415473]

>>27414596
if 10% of the world bought only 150 dollars of silver they would own it outright

[Anonymous No.27415486]

>>27415101
estonia or offshore

[Anonymous No.27415532]

>>27411908
This is what Abaxx Technologies is going to bring to the commodity market, they are using ETH network for LNG futures and deliveries, then moving out to Silver.

$ABXXF, Goldman Sachs owns 20% of shares, will moon 20x, dyodd

[Anonymous No.27415583]

Buy CLF calls

https://stocktwits.com/symbol/CLF

[Anonymous No.27415658]

>>27411260
Don't be a retard fomo picking up bags at the top of the market, wait until the stimulus runs out and people are too poor to heep hoarding their silver.

[Anonymous No.27415748]

>>27415486
Isn't that borderline fraud? Or won't I atleast get taxes to shit on import?

[Yukon Cornelius No.27415764]

[Anonymous No.27415830]

>>27413045
There was a rumor that WSB was going to pump silver, and so a bunch of people bought jacking the prices up.

[Anonymous No.27415920]

>>27411260
If you pump it up enough I'll finally get a chance to unload my bags I've been holding forever.

[Anonymous No.27416049]

>>27415764
BLATANT MANIPULATION
this is WAY worse than RH halting trades
FUCK THE BANKS, BUY PHYSICAL SILVER

[Anonymous No.27416080]

is 1 oz of silver .999 for ~39 bucks shipped outrageous or should i get some while i actually can?

[Anonymous No.27416209]

>>27415101
buy silver in another nation where it's cheaper?

[Anonymous No.27416327]

>>27416080
I paid 35 in person with no tax and I feel a little raped

[Anonymous No.27416343]

>>27415830
silver is going to pump anyway and gold because Biden is crashing this economy with no survivors. people seem to forget what things were like tail end of Obama because Trump turned a bit around with pro U.S. policies

[Anonymous No.27416346]

Welp

[Anonymous No.27416496]

>>27416327

word, but i can't find any locally and the only local shop with silver coins wants double spot prices, ebay has guys selling in the sub 40 range.

[Anonymous No.27416531]

am i banned?

[Anonymous No.27416568]

Buy now and you buy the top

[Yukon Cornelius No.27416616]

>>27415764
>>27416049
https://www.forexlive.com/news/!/cme-futures-exchange-has-raised-the-margin-on-silver-futures-by-18-20210201

[Anonymous No.27416630]

>>27414777
>How much would I need to invest initially?
I dunno as much as you can

It should go up a lot in the next few weeks.

>Where would I buy it if I am a foreigner?
You don't even have an investing account? lmao

[Anonymous No.27416683]

>>27411633
truly living by the /biz/ credo

[Anonymous No.27416833]

>>27413915
I just hit up a local dealer in town. He charged $1 over spot on American Eagles and bars.

[Anonymous No.27416916]

>>27416343
When the economy crashes, silver goes down, people need to pay bills. Then there is a delayed temporary increase once people have money again. In 2008, silver dropped heavily, and only mooned in 2010 once the recession finished. In 2020 the same thing happened, but it was much sooner because of the stimulus. We will see higher prices so long as the stimulus is there, but once it is gone and the economy goes to shit again, people will sell.

[Anonymous No.27416984]

>>27411260
Theres 15kg of silver in a tomahawk missile.
Industrial use requires greater than the amount mined every year.
It hedges some of your assets against BTC crash.

Also it might be funny. I bought 600oz in the last week and I intend to move 10% of my portfolio into silver over the next 6mo. Short term, it might be great. If its not, I can wait 10y.

[Anonymous No.27417007]

>>27416630
>You don't even have an investing account? lmao
No, actually, I don't.

All I ever did was buy some cryptos, and not that much either.

I am a poorfag, I finally got a job last year so I now have some meager money to invest, up until that I was barely scrapping by so I had no possibility of ever investing anything on anything.

So yeah, I am new and trying to learn, is it too late for me to invest on this? If so I will just go look elsewhere, could take suggestions if you have any.

[Anonymous No.27417154]

>>27411325
dont listen to this shill
reddit is gonna do the biggest short squeeze in history
TO THE MOON

[Anonymous No.27417254]

>>27411633
>i bought xrp
Good, hodl and become rich. Seriously, follow the average trend line, not pumps/crashes.

[Anonymous No.27417296]

>>27416984
>Industrial use requires greater than the amount mined every year.
lol, no. copper mines will be busy forever filling the real copper demand for electric vehicles. in the process they wind up with a bunch of silver nobody seems to need and they just dump it on the market. silver has underperformed other assets for a reason.

[Anonymous No.27417370]

>>27414434
Gme is such a fucking scam you cant even short it on etoro you can only buy with a stop loss that gets hit in seconds due to dump

[Anonymous No.27417526]

>>27415073
Yes you invested into first majestic miners. SLV is the demon that manipulates the price. Silver is severly undervalued because of them. Once the SLV price is exposed, silver’s value would be closer to gold. Thats why anons are pushing for physical silver to constrain the supply. COMEX needs to be investigated for naked shorts by the SEC. If the SEC does not investigate this manipulation then fuck it do exactly the opposite of what the SEC wants and go into bitcoin. These bastards are not looking at the interest for the american public.

[Anonymous No.27417579]

>>27416984
Im kinda same boat. If it does make a lot of money, great. If not, who cares. It will always have value

[Anonymous No.27417661]

>>27411260
https://www.youtube.com/watch?v=Wi6ZG2CmHo8

[Anonymous No.27417886]

>>27417370
> etoro
what are you doing anon

[Anonymous No.27417908]

>>27417526

But can't they Jew down the price of AG too? I have hundreds of silver coins from my grandpa too.