/biz/ - Business & Finance

[Anonymous No.27456499]

>2.15 million metric tones of silver ever mined
>2.15 billion households in world
>divide by ounce and every household should own 1kg of silver

[Anonymous No.27456594]

>>27456499
Think you need to work on your math there buddy

[Anonymous No.27456648]

Theres only 7 million people in the world

[Anonymous No.27456669]

>>27456648
kek

[Anonymous No.27456728]

look at this shit for a second, someone please explain this to me

if this is the tiny spike we get from say 500,000 or so ounces of silver bought, and Jm bullion is already ordering another 250,000 ounces, what kind of actual silver buying would be needed to have an appreciable effect

[Anonymous No.27456762]

>>27456594
2.15 million metric tones x 32151 t ounces / 2.15 billion households = 32.15 ounces champ

[Anonymous No.27456807]

>>27456648
actually?

[Anonymous No.27456980]

>>27456762
Good job proving me right, ace.

[Anonymous No.27457174]

>>27456728
Probably twice as many people as GME. Silver market is huge.

[Anonymous No.27457233]

>>27457174
2x?

i would imagine more like 10x at least, especially if people are actively trying to hide the short like ive been hearing

[Anonymous No.27457391]

>>27456728
What's that got to do with the price of silver?

[Anonymous No.27457436]

>there are people right now holding onto literal bags of rocks

[Anonymous No.27457453]

>>27457391
well if you want to try reading maybe you can see XAG in the url

[Anonymous No.27457564]

9.4798875 ounces per person (estimating 8 billion) which I'm sure we'll hit 10 to 15 years from now.

[Anonymous No.27457839]

>>27456728
Paper silver derivative markets are purposely setup to suppress silver prices.

That's why people just hoard physical as a hedge to their networth. It would take a global movement to make a real dent in the market.

[Anonymous No.27457951]

>>27457839
thats what i thoughts, thanks for confirming

i dont know anything about this stock shit but common sense tells you this much i guess, for those of us blessed with it

[Anonymous No.27457982]

Doesn’t matter if there’s a squeeze or not niggers. Silver is going up in value regardless. But silver now faggots

[Anonymous No.27458023]

>>27456499
>asteroid mining
>blocks your path
heh nothing personnel chap

[Anonymous No.27458038]

>>27457564
>mfw i just have over an ounce of worth of a human being

[Anonymous No.27458067]

>>27456980
Kys

[Anonymous No.27458070]

>>27458023
asteroid mining is more than 100 years away from commercial use

[Anonymous No.27458135]

>>27458070
alright champ, whatever you say

[Anonymous No.27458154]

>>27458023
Economics will never work with asteroid mining.

[Anonymous No.27458337]

>>27458023
>asteroid mining
Sorry basedman, we have infinity negroes to feed.

[Anonymous No.27458344]

>>27458135
ok faggot, since you wanted to reply, let me lay down some shit for you

consider for a moment that second in volume only to the massive space ion your empty fucking head, outer space is the biggest void of nothing in existence, just the local neighborhood is billions of actual miles in diameter, trips take years not weeks or months

now to pioneer a field you would have to have multiple trips going simultaneously just to get the tech and technique tight on time for 100 years, now you sit there with that dumb fucking smug look on your face and tell me how we are going to do that with the demonstration we have given the past 400 or so days

[Anonymous No.27458391]

>>27456499
Most of that mined silver has been lost and used up. How much oil was ever drilled is equally irrelevant.

[Anonymous No.27458483]

>>27458344
and who exactly is we?

[Anonymous No.27458635]

>>27458483
whoever wants to contribute

are you going to take us to fucking space for shiny rocks pal? do you think they are just going to rain down on the earth by them fucking selves

[Anonymous No.27458705]

>>27458391
you're retarded
you don't burn silver

[Anonymous No.27458793]

>>27458635
>do you think they are just going to rain down on the earth by them fucking selves
yes

[Anonymous No.27458876]

>>27458793
i think my given information supports my standpoint adequately, this conversation is over

[Anonymous No.27458895]

>>27457174
It’s paper thin, there’s literally no silver left.

[Anonymous No.27458898]

>>27456648
Based retard

[Anonymous No.27458919]

>>27457982
I wonder if we'll get to a point when iron runs out, we'll be recycling people for their iron content.

Hang on, how much silver and gold does the average human have? The idea of a controlled obesity crises makes sense now.

[Anonymous No.27458986]

>>27458876
okay nice talking :D

[Anonymous No.27459053]

>>27458919
iron, gold, and silver are all produced by energetic events in space called kilonovas where two neutron stars merge together and give physics the big old fuck you before rabidly decompressing into actual atoms instead of just being a 17km diameter ball of neutrons(and maybe quirks???)

this decompression is very violent as you might imagine and creates huge amounts of gold, platinum and other precious metals

>>27458986
yep

[Anonymous No.27459057]

>>27457982
So .. silver will be exhausted in the next 2 years according to this chart?
Won't this be more like the peak oil scare where we enhance mining methods so that peak silver is 20 years away, forever?

[Anonymous No.27459061]

>>27456648
there will be, after we finish with the depopulation, goy

[Anonymous No.27459175]

>>27459053
>star cooom

Explains why it's so shiny

[Anonymous No.27459224]

>>27458705
>you don't burn silver
Literally gets used in films, medicines and industrial processes, then gets run off in the water as waste.
Once it’s in the oceans you can never recover it.

[Anonymous No.27459238]

>>27458023
No need for asteroids, we already have lab grown diamonds, lab grown silver is next. Alchemist are working on it already. Transmutation is the key my boy.

[Anonymous No.27459370]

>>27459175
so the sun is going to be a white dwarf, these stars are usually made to sound really boring but its what happens when fusion turns off and gravity winds, the star shrinks at a fraction of the speed of light and the energetic implosion is intense enough to blow out the nebula its been producing for millions of years as a red giant

larger stars shrink more violently because they have more massive cores, instead of larger they get smaller until they could circle the moon like fancy, lethal christmas lights

this hyper dense degenerate matter is dense enough to weigh as much as mt everest on a spoon, at least on paper math

[Anonymous No.27459463]

if it helps think of neutron stars like the ultimate glowing hot metal ball from youtube only it takes quadrillions of years to cool down

[Anonymous No.27459466]

>>27458919
The whole core of the planet is iron, we wont run out

[Anonymous No.27459507]

>>27459466
Yeah, but we always need something to stand on.

[Anonymous No.27459577]

iron is going to be heavily mined from asteroids but getting materials places is always going to be expensive

long distance inter-solar system iron transportation will rack up bills you never seen on earth, plenty does not mean free

[Anonymous No.27459767]

you are going to be footing the bill for labor, fuel, hazard pay, pay for extensive working that takes long periods of time without allowing for other pay opportunities

god you guys are dumb