Silver is a scam

[Anonymous No.27657481]

Let me bless you guys with some knowledge. Silver is an absolute scam. Even before this pump let me give you an example
>silver spot 27usd
>1oz on ampx 31usd+
>actual value if you want to sell 26-27

So silver fags always are on this bullshit
>it’s a hedge
>it’s a long hold
>you have possession

I don’t want to purchase anything that takes years to even to be able to sell and recoup.

Now.... let’s look at what happened this weekend. Silver sold out at most lcs, silver sold out online. What happens? The jew fucks add a years worth of mined silver to COMEX. They dump all of this shit and dump the price. The Jews have complete control of silver and will never let it pump hard over a long time. It might spike but they dump it right back down. J.P. Morgan got caught, their penalty? 1 billion and that is it

If you want to buy pms, buy gold coins. The premium is almost non existent and I have always got right around spot if having to sell.

For a long hold buy btc. Buy real estate. But Japanese classic cars. Buy the fucking s&p 500z. Silver is a scam. All these silver chads are 100% correct, it’s over shorted, COMEX can’t cover blah blah blah, but it doesn’t fucking matter.

[Anonymous No.27657647]

>>27657481
>you guys are right but just give up and don't do anything because there's no point
no, I don't think I will.

[Anonymous No.27657668]

>>27657481
anon will you talk about how money is a scam too?

[Anonymous No.27657736]

>>27657647
If this weekend didn’t show you anything you will never learn. Do you want to wait 10 years to double your money? Buy fucking golf. It doesn’t fluctuate as much and the premiums are much lower.

[Anonymous No.27657743]

>>27657481
>OPs kvetching
>thousands of years of reality
idk man

[Anonymous No.27657834]

>>27657668
See, it’s not about that. This is about silver. Fucking silver. You will not best the jew. They got caught nothing happened. COMEX doesn’t have to settle in silver, they can pay you usd. The scam will never be exposed.

[Anonymous No.27657913]

>>27657834
>See, it’s not about that.
yes it is
people are buying silver because it means they have less IOUs from the FED

[Anonymous No.27657954]

>>27657736
Whats wrong with people having money over fiat?

[Anonymous No.27657963]

>>27657834
we don't care if its exposed, in fact, for us, it is better for it not to be exposed. hoard it all cheaply and pass it to your kids or use it if the system collapses (it is collapsing)

[Anonymous No.27657979]

>>27657736
it's an extremely safe store of value, it's definitely been undervalued in recent years, ignoring the overshorting entirely. there's literally no reason people shouldn't move a portion of their savings to silver, doesn't have to be all of them.

[Anonymous No.27658000]

Lol. Okay. I'll hold tho if it's okay with you big guy.

[Anonymous No.27658015]

>>27657913
People are buying silver because they are getting memed into it being real money. It 100% is. I’m with you silver chads, I’m saying it’s a horrible investment. Especially with link, btc ect. If you want to hold physical value, buy gold.

[Anonymous No.27658079]

and dont forget that crypto is directly fucked when money gets dumped on
because there wont be fucking electricity or internet for most people when the next crash happens

[Anonymous No.27658094]

>>27657481
unironically pokemon and yugioh cards are better than silver

[Anonymous No.27658164]

>>27658015
i own physical gold, silver and chainlink

[Anonymous No.27658176]

>>27658015
>I’m saying it’s a horrible investment
sure but its the best investment for SHTF outside of the basic needs and defense

pretty sure aliens are about to harvest us

[Anonymous No.27658237]

He's right you guys. You need to buy digital silver instead.

[Anonymous No.27658268]

>>27658015
Why would I buy the asset that is adjusted for inflation more than the other that for decades isnt?

[Anonymous No.27658323]

>>27658079
There are many many different groups in crypto specifically btc. You have chink miners, Venezuelan gov miners, og big holders. There is not 1 factor (COMEX) controlling the silver price. This is the shit. I’m all for holding physical money, gold is better.

Not one fucking person has told me otherwise in this thread, silver chads are high iq, but too emotionally invested into their rocks to see the big picture.

[Anonymous No.27658465]

>>27658268
Nigger I made 10x in link over a year and some change. When I cash out I will buy some gold
>when society collapses
What the fuck are you going to do? Carry kilos of silver to bug out? When society collapse I hope I’m elite and it won’t matter, or I’m going out in a gun fight with my fal in my lap.

[Anonymous No.27658529]

>>27658323
im not emotionally invested
I invested the first time last summer
I think people are fools for not wanting the end of tyranny.
So fucking collapse it and hopefully the stupid droves of people take out some evil fucks during the chaos thats about to ensue

[Anonymous No.27658548]

it is subsidized precious metal.
is actually worth 200 in a real au / ag ratio.
this dumping for Tesla ... you can't hold out much longer with the huge demand for coins.

the lower the price the more is stacked.

no loss beause i dont need this money. it will always be worth something and if you really need money you can sell it

[Anonymous No.27658573]

>>27657834

>COMEX doesn’t have to settle in silver, they can pay you usd.

This would amount to a default if it happened which is precisely the point. Look at what happened to palladium a couple of years ago after the COMEX did that, and palladium wasn't shorted 1/100th as much as silver.

[Anonymous No.27658621]

>>27657481
Duh no shit you can buy silverware on eBay.

[Anonymous No.27658735]

Lol didn't read
Clink clink

[Anonymous No.27658755]

>>27658573
So COMEX can settle contracts in usd. The Jews also control usd. You guys are not seeing the big picture. There is thousands of kilos already mined sitting in South America for industrial use. The higher the price gets, they can open up previously unprofitable mines to add supply.

[Anonymous No.27658836]

>>27658621

[Anonymous No.27658940]

Yes but if you put silver in the fridge it feels incredible when you put it all over your body on a hot night, better than air con so there's some inherent non-industrial value for you

[Anonymous No.27658997]

>>27658755

Not so, almost all the high-grade silver is gone. You would need $40 or $50 silver to start mining the lower-grade deposits, and by the time you get to $40 or $50 silver the short squeeze has gone parabolic and will bankrupt the banks. Also, it takes about 5-10 years to build a mine.

[Anonymous No.27659126]

I don't care to read this thread but yes Silver is a scam.

Remember the HUGE stock crash last year?
>Gold hit new all time highs
>Silver stayed about the same price, hit $25 and didn't budge
>almost everyone was out of silver and gold, both online and in person
>actual $/oz prices being sold online and in person did not reflect $25/oz for silver and was much higher but if you sold you got $25/oz

Silver is a scam metal for people that can't afford gold. Guess who can afford gold and lots of it to move the price? Banks. Hedge Funds. Why would they bother with silver?

tl;dr silver doesn't move and the actual price often doesn't match the spot price you see because it is too affordable.

[Anonymous No.27659205]

>>27658997
>Jp Morgan got caught red handled playing manipulation games
>nothing fucking happened

Idk what to tell you anon. I agree 100% with you guys like I said, I just think you are silly to think they will get beat. They don’t get beat. Silver needs to stay cheap to provide for all these companies to manufacture

The Jews keep silver down, and they long with leverage/take options on these companies.

[Anonymous No.27659229]

>>27658465
You can fraction silver, and it was fractioned for centuries for exchanges. And when you had kilos, you simply exchange for grams of gold (minus the fee, obviously).

[Anonymous No.27659231]

Is gold under a similar short game as silver?

[Anonymous No.27659275]

>>27657834
holy fucking retard. EVERYTHING IS ABOUT FIAT. What fucking planet am I on?

[Anonymous No.27659290]

haha shiny rock cool

[Anonymous No.27659314]

>>27657481
>can't tell the difference between physical and fake paper price
spot/SLV should be zero.
Now fuck off back to peddit.

[Anonymous No.27659319]

>>27659205
Silver is outlandishly low. You can consider a win if it gets 3-5x higher. It will still be massively underpriced.

[Anonymous No.27659345]

>>27659126
100%. Gold now is used to calculate assets for companies. Gold is the physical hold. Don’t fall for the silver meme. Buy gold if you want to hold value. You can carry much more, if you want to leave a county you can melt down many many oz of gold into jewelry, wear it, and your out

How much fucking kg of silver can you wear?

[Anonymous No.27659375]

>>27659126

>Silver is a scam metal for people that can't afford gold.

The Hunt Brothers were some of the richest men in history and they chose silver as the means to preserve their wealth.

https://s3.amazonaws.com/camppictures/CampArchive/Economy/Hunt%20For%20Silver.pdf

In ancient Egypt, the GSR was 2:1 (2 ounces of gold were worth 1 ounce of silver).

Gold's mcap is $10 trillion, investable silver's mcap is probably a few tens of billions once you do away with all the paper (the paper:physical ratio is about 500:1). You won't squeeze the banks with gold, you will with silver.

[Anonymous No.27659385]

>>27659126
>Silver is a scam metal for people that can't afford gold.
Silver to gold ratio is going down RETARD

[Anonymous No.27659407]

>>27659231
No. Its value is kept low, but not as much.

[Anonymous No.27659457]

>>27659314
Hey faggot. I currently have 200oz of silver. If I go to sell, with current shit conditions a dealer might give me slightly above spot. Physical value only matters when buying. You sell... you get spot. You need to have physical assets easy to liquidate. That is true security.

[Anonymous No.27659520]

>>27659375
>The Hunt Brothers were some of the richest men in history and they chose silver as the means to preserve their wealth.
The only reason they failed is because the kikes ganged up on them.

[Anonymous No.27659535]

>>27657481
Nah and fuck you.

[Anonymous No.27659537]

>>27659385
Look again. They jews dumped 1 fucking years worth of silver paper contracts this weekend and dumped the price. Silver was going to 35oz. You cannot win with these fucks.

[Anonymous No.27659652]

>>27659457

I can sell £100,000 of allocated bullion with PSLV or BullionVault/GoldMoney/Kinesis Money etc. with the click of a mouse, and have the money in my bank account within hours. You don't need SLV to invest in precious metals and have liquidity.

[Anonymous No.27659665]

>>27659535
How much link/btc/eth do you own. If you hold a little silver that’s cool, but if you think silver is the answer your a fucking retard.

Buy fucking gold, or buy crypto

[Anonymous No.27659697]

>>27659457
>Hey faggot. I currently have 200oz of silver.
I have 2 metric ton of silver you fucking retard. Go ahead and sell your silver to the shitty retailers.
I got my gold directly from COMEX after a huge amount of paperwork and trouble. I am an actual financial advisor and a registered CFA.
I do the same thing for extremely wealthy clients, they would laugh at the prospect of selling their bullion to a retailer.
Silver isn't a get rich quick scheme for kids, it's a storage of wealth and a form of insurance.
It should never exceed 5-15% of your portfolio. Considered it "solid" wealth.
Now kys immediately.

[Anonymous No.27659716]

>>27659652

(Forgot to mention that I can also buy and sell it at spot price, and pay only a 0.50% premium.)

[Anonymous No.27659745]

>>27659652
Your not getting it. You can sell that at spot. We all know the real value. IT DOESNT FUCKING MATTER. Spot if all that matters unless you are buying. Then you get ass raped by premiums.

[Anonymous No.27659822]

>>27657736
>Do you want to wait 10 years to double your money? Buy fucking golf.

based golf club merchant

https://www.youtube.com/watch?v=O_zx7jPLmyk

[Anonymous No.27659839]

>>27659537
>They jews dumped 1 fucking years worth of silver paper
Good? I was worried the price of silver was going to climb up too quickly. I need time to accumulate enough spare money to take delivery of more silver.
COMEX is doing God's work delaying the inevitable. You do realize what will happen if they fail.
I fully support COMEX/CFTC/JPMorgue. But they can only do this for about 5 more years.

[Anonymous No.27659878]

>anything that's not a pump and dump is a scam

[Anonymous No.27659880]

>>27658164
Most based answer

[Anonymous No.27659929]

>>27659697
Muh storage of wealth

Explain to me why silver is better than gold. Go ahead. I have dual citizenships. Wtf am I going to do with kilos and kilos of silver if I want to leave?

I can melt down gold into a neckless/bracket and go across borders with 500k worth of gold jewelry on.

[Anonymous No.27659988]

>>27659745
>Spot if all that matters unless you are buying
>if all
Are you from fucking India? Get the fuck off the forum moron.

I don't mind sharing good business advice with /biz/, people on here are either too poor to act on it or the smart people are too few in numbers to affect the market.
I'm really glad reddit shilled against silver. I still need time to buy more land/industrial items using my cash that isn't locked up in shares.

[Anonymous No.27660040]

>>27657481
we've come a long way silver chads. we actually are getting silver FUD threads on /biz/ now. i never thought i'd see the day

[Anonymous No.27660045]

>>27659126
This is the case with subsidies with fixed prices for the high-tech bubble. Now that millions have noticed how limited and yet cheap silver is, the demand is exploding and that can only be regulated with a ban or higher price. otherwise there is nothing left for a green economy.

[Anonymous No.27660098]

>>27659745

As I said, you can both buy and sell at spot if you use allocated services which deal in 1000-ounce bars. >>27659716 You can see that in my original screenshot. >>27659652 You don't have to pay premiums on small bars and coins. There is no need to buy the unallocated SLV scam to avoid premiums and liquidity.

[Anonymous No.27660162]

>>27657743
>thousands of years of underperforming all other assets
keep buying your rocks retard

[Anonymous No.27660201]

>>27659988
>too poor
Fuck off

Not 1 person to this point has explained why silver is better than gold. Not fucking 1. Hold your fucking 100kilos of silver. If an event happens and you have to get the fuck out, you won’t be able to take shit. I can take a stack of gold, my fal and sgl21 and tons of rounds.

[Anonymous No.27660211]

>>27659929
>Muh
Just shut up kid.
>Explain to me why silver is better than gold
I have both. Silver is underpriced by a ratio of at least 6 and it will turn out to be more like 8. Not buying silver at this point is retarded.
I would buy platinum but liquidity is always an issue. Maybe retail guys could go for platinum but then you're only going to see a 3x ratio.
> dual citizenships
What's the other citizenship? India? Leave already, I don't think you should be allowed to transfer your wealth out of this country. Fucking traitor.
>I can melt down gold into a neckless/bracket and go across borders with 500k worth of gold jewelry on.
My great great grandparents did just that, why do you think the rich always buy gold? All currencies fail. It's a matter of time.

[Anonymous No.27660303]

>>27660201
>6 digits in crypto
Hahaha what are you 25?
Talk to me when you're on 8 digits. I'm done here.

[Anonymous No.27660369]

>>27659929
Sounds like you're worried about having to pick up and run on short notice. Something historically common for one people in particular.

[Anonymous No.27660400]

>>27660211
Belize and USA faggot. Going to grab one this year for Barbuda or another Island this year as well.

[Anonymous No.27660463]

>>27660098

>to avoid premiums and liquidity

*illiquidity (getting tired)

[Anonymous No.27660540]

>>27660303
8 digits, how much silver. Like I said what the fuck are you going to do when the world collapses? Carry 200kg of silver. If you don’t have 100kg of silver with 8 digits your a fag. You cannot carry all that shit.

[Anonymous No.27660726]

>>27660540
I have 7 digits, but all my clients are on 8. You are not wealthy, you are barely not poor.

[Anonymous No.27660823]

>>27660369
Silver stackers stack for when the financial system collapses. When that happens shit is going to get real as fuck. you need to be mobile, or you are going to get fucking murked defending your castle unless you live on acres and have a proper setup.

[Anonymous No.27660847]

>>27660540
>what the fuck are you going to do when the world collapses?
Pay people to work for me with silver. Buy land and resources with gold. I already have people who are loyal to me because I've helped get them out of poverty and befriended them.
I'm not worried about myself when SHTF. I'm worried about friends and family moreso. That's why I have to become as rich as possible for their sake.

[Anonymous No.27660927]

>>27660726
I’m not claiming I’m wealthy. I’m claiming silver is a fucking joke. I’m saying buy GOLD. If you want boomer returns buy real estate or infest in the s&p

[Anonymous No.27660983]

goalposts moving from
>it's a scam and manipulated
to
>what if you have to run away to another country
to
>what if the world collapses
like just close the tab, some dude with a big silver cock fucked every woman you hold dear, we get it

[Anonymous No.27661087]

>>27660847
Pay people.... bruh, this shit is going to become the wild Wild West. There will be armed mobs running around killing people on sight. There will be armed mobs running up in your house looking for food. A week of the grocery stores not stocking and the world as we know it is over. There will be no slow decay. The slow decay is happening right now, and the Jews 100% still control everything. They great reset will not make your silver valuable.

[Anonymous No.27661229]

>silver is dumb because mad max
>gold is good in mad max though
lmao future warlord cocksleeve detected

[Anonymous No.27661295]

>>27660983
It’s all of those things

STILL NOT ONE REPLY ON WHY SILVER IS BETTER THAN GOLD

you silver bugs are slightly better than gme fags, but the same mentality of
>we gonna fuck the shorts just wait and see

[Anonymous No.27661336]

>>27660927
>buy GOLD
You won't be able to do jack shit with gold. Buy silver which will be the more liquid currency once SHTF.
>>27661087
>this shit is going to become the wild Wild West
>this shit is going to become the wild Wild West
They keep telling people that but that's not how it works. Look at Venezuela, Zimbabwe, Hungary.
Destroying the sovereign currency did not result in a mad max scenario.
The state will still pay its goons with real money. You just won't have any.

[Anonymous No.27661383]

>>27661087

>Pay people.... bruh, this shit is going to become the wild Wild West. There will be armed mobs running around killing people on sight.

That never happened in any currency collapse in history. It's a Keynesian fantasy which is intended to frighten people into thinking that we need fiat dollars and monopolistic banks to maintain civilization.

"In 1923 Germany, country estates and residential properties could be acquired for very small amounts of gold — $100 bought a six-bedroom house in a fashionable street in Berlin, when US dollars were trusted gold substitutes at $20.67 to the ounce." (Reported in Stefan Zwieg’s contemporary autobiography, The World of Yesterday.)

[Anonymous No.27661420]

>>27661295
>STILL NOT ONE REPLY ON WHY SILVER IS BETTER THAN GOLD
Already did in two ways, central american nigger. Go buy gold and dance to zuma or whatever you worship.

[Anonymous No.27661586]

>>27661336
Which one of those 3 counties did the Jews control?

What are you going to do with silver In Venezuela? Sell it to the manufacturing companies that are all out of biz?

Which one of those situations did not all the wealthy people flee? All the wealthy people fled those counties, with physical gold. Crypto is even more powerful because you just need a memorized seed to flee with 7 figures.

[Anonymous No.27661660]

idk about fucking shorts or comex or whatever, I know I got a lot of silver back in 2016-17 and never looked back. Suck a dick.

[Anonymous No.27661681]

>>27661383
People were burning neighborhoods because some fentenyl nigga died. Wait until the food runs out.

[Anonymous No.27661800]

>>27660201
>not even 10k link
dont embarrass yourself bro

[Anonymous No.27661898]

>>27661681

People were burning down their own neighbourhoods. If you aren't living close to a large city you are going to be fine.

[Anonymous No.27661935]

>>27661586
>Keeps shifting the goalposts
You don't deserve any more of my time.

[Anonymous No.27661990]

>>27660201
worthless shitcoins

[Anonymous No.27662008]

I view silver as an undervalued way to store your monetary value into a stable asset which can save your portfolio when things get volatile. I just don't have a lot of money on hand.
I am thinking of taking out a loan at a fixed rate and just go ham, no meme stocks, I ain't gambeling here on stocks and build up my funds and then get a stockpile with some gold.
Thoughts?

[Anonymous No.27662034]

>>27661935
I’m sure your kids will enjoy your rocks. They will sell it for hookers and drugs.

[Anonymous No.27662164]

>>27662008
Buy link/eth/btc

At the end of the cycle go physical gold/and liquid for the next run.

[Anonymous No.27662181]

>>27661383
based. i like this poster

[Anonymous No.27662239]

>>27662034
And I'm sure you'll be earning shitcoins sucking my cock when the internet and the electrical grid is gone in your madmax scenario.
Seeya.

[Anonymous No.27662334]

>>27662008
>I view silver as an undervalued way to store your monetary value into a stable
Use your money only. Buy bullion and a few coins. Never take a loan unless you can skip town etc.

[Anonymous No.27662441]

>>27661681
To be fair that was mostly a glow nigger coordinated effort backed by millions and millions of soros bucks.

[Anonymous No.27662463]

>>27662239
Madmax scenario. I already accept my death and I’m going out in a blaze of .308 glory to defend whatever is important to me at that moment.

[Anonymous No.27662602]

>>27662334
If it's fixed rate and the currency hyper inflates, it just instantly eliminates the debt. I know they will still issue low fixed rates on loans.

>>27662164
And what exactly would that look like? I have no idea what "end of the cycle" is. I am still a bit new to finance and have been on a super crash course this past week.

[Anonymous No.27662772]

>>27657736
>Buy fucking golf
speaking of scams

[Anonymous No.27662855]

>>27661383
>In 1923 Germany
There's your problem.

[Anonymous No.27662976]

>>27659231
yes

[Anonymous No.27662983]

>>27659929
>dual citizenship
leave, chaim

[Anonymous No.27663011]

If your worried about the collapse of America, this is more important than rocks. Otherwise buy fucking gold.

[Anonymous No.27663076]

>>27658940
this sounds great I"m going to try it
if it's as good as you say maybe I'll get a bunch of silver shot, put it in the cooler and then when it's cold fill the bathtub with it

[Anonymous No.27663091]

>>27662983
Imagine being mad somebody has a dual citizenship. Simple brain. Anybody with money should have at least 2 passports. All the Jews manipulating your silver rocks do.

[Anonymous No.27663157]

>>27657481
It doesnt matter OP, the shits at an all time low, you can still resell it for break if you're getting cold feet, besides, if you can't collect some silver on the side for fun you're a too poor and should maybe get a job to build some capital to invest with.

[Anonymous No.27663159]

I love how the silver FUD is evolving into telling us to only buy gold. no thanks moshe. I think I'll keep stacking the ol' silver.

[Anonymous No.27663290]

Silver holders are a cult. Keep waiting for that COMEX default. 2 more weeks.

[Anonymous No.27663316]

>>27663091
not mad just telling you to leave kike

[Anonymous No.27663595]

>>27663316
>calls me kike
>I’m being anti kike explaining how they have complete control and to stop trying to game stop the kikes via the COMEX “short squeeze”
Silver chads literally sound like wallstbets. Keep stacking. New investors with no money need to take risk, not hold silver.

[Anonymous No.27663764]

>>27663595
Some anons spending pocket change on silver makes you seethe this much, silver price historically low, all new tech depends on it.

Why are you so passionate about some people collecting shiny coins, you wanna keep them all to yourself moishe dont you?

[Anonymous No.27663902]

>>27663764
Good for them. I encourage that. I don’t encourage people buying 10-100oz bars because they think silver is going to moon.

[Anonymous No.27664024]

>>27663902
Fair enough