/biz/ - Business & Finance

[Anonymous No.27730852]

What went wrong silver bros? Why didn’t the silver squeeze work? I went all in, and now my wife is going to divorce me and take half my silver

[Anonymous No.27730903]

im glad because I can continue to accumulate
buying a 10 oz bar once i set up venmo

[Anonymous No.27730984]

>>27730852
I mean, they can always just take more silver out of the ground right?

[Anonymous No.27731093]

>>27730984
asteroids...kek

[Anonymous No.27731198]

>>27730852

Spot price is meaningless, keep buying physical. They're desperate.

[Anonymous No.27731262]

>>27730852
>price of paper silver is what matters
yev yo

[Anonymous No.27731271]

>>27731093
Why do I keep seeing asteroid mining coming up in these threads as if any country or company on this planet is capable of mining asteroids within the next century?
newsflash: they aren't

[Anonymous No.27731275]

Just buy synthetix faggot

[Anonymous No.27731294]

I just betted my entire Xbox 360 shmup collection on this. My gaming shelve is fucking ruined, might as well start an ant farm now.

[Anonymous No.27731346]

Shoulda bought brass and copper instead.

[Anonymous No.27731352]

>Reddit losing over GME
>/biz/ losing over SLV
I dab on both of you fags.

[Anonymous No.27731367]

>>27730852
Nothing—looks like a nice cup and handle forming.

[Anonymous No.27731457]

>>27730852
Silver pump and doge pump were a scam

[Anonymous No.27731591]

>>27730852
What do you mean? It went up to like $30. Why didn't you sell? Don't you know you're supposed to sell when it's high?

[Anonymous No.27731667]

>>27731271
>newsflash: they aren't
Russia and China are. USA, not so much as there are more important equality issues to be solved

[Anonymous No.27731702]

>>27731352
nobody bought SLV lmfao

[Anonymous No.27731759]

Every day in silver will seem like nothing, until the day finally arrives when there is no silver anywhere. Like when a Ponzi scheme finally collapses.

[Anonymous No.27731907]

>>27730852
Can't wait to buy more. Please let it go to $20.

[Anonymous No.27732008]

>he doesn't farm shrimp
Stay poor

[Anonymous No.27732073]

>>27731667
>Russia and China are.
>can't even get to the moon
>somehow able to get past Mars to mine asteroids
lmao

[Anonymous No.27732078]

>>27730852
Silver got coopted by boomer retards long ago. Their prominence on the internet only expanded after 2016, really it was 2010 that we've been seeing an influx of boomers, due to the likes of Facebook and Ebay. Silver is a cope that was sold during the 80's, 90's, and 00's by jewish silver holders and white con artists. The psyche has been reinforced due to actual artificial suppression by JP Morgan and etc, only making these idiots believe more fervently that Silver will moon in the near years.

What is awful about this is that Silver will eventually moon, at a bout a 4-5x, and then you'll wait another fifty years to see something like it again. It is probably the most awful investment you could make due to JPM literally owning 50% of all physical silver. If you think you can beat JPM as a little guy holding a few dozen ounces, even a few hundred or thousand ounces, you need to off yourself.

Oh. And that moon of 4-5x? That will happen ten years from now, not now. Idiots.

[Anonymous No.27732260]

>>27731352
You are a special kind of retard if you bought SLV

[Anonymous No.27732663]

>>27731352
we didn't buy SLV

[Anonymous No.27733083]

>>27731352
Biz never bought SLV only complete retards did. Every single /pmg/ thread has stated loud and clear to only buy physical silver and get it delivered.

[Anonymous No.27733254]

>>27731198
>Qtards move from Trump to GME to Silver
fucking lel

[Anonymous No.27733598]

>>27733254
>qtards
The wsb server was filled with people praising AOC, that was all broke millennials pissing what little savings they had into the wind

[Anonymous No.27733813]

>>27733254

The case for silver has been here for 40 years and has nothing to do with Q. Go read "Hunt for Silver" about the Hunt Brothers. I hate Q and so does everybody else I know who has anything to do with silver.

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

[Anonymous No.27734358]

>>27731352
I bought real silver. I like shiny coins.

[Anonymous No.27734503]

>>27730852
I used to fall for the Silver meme, thanks to shills like Chris Duane and Peter Schiff who make their money off pushing doom and gloom and selling Bullion.

Two issues concerning Silver people need to understand, if silver price goes up, mining it and recycling it becomes more profitable which works as a correction mechanism, on the flip side if this wasn't the case, then the price of all your electronics will go up, or alternatives will be found, which also works as a correction mechanism. Don't fall for the Silver meme, buy BTC.

[Anonymous No.27734559]

The play was steel not silver

[Anonymous No.27734722]

>>27732073
>implying China didn't land on the dark side of the moon earlier this year
you a retard? Or just a troll

[Anonymous No.27734723]

>>27734503

>if silver price goes up, mining it and recycling it becomes more profitable

Low-grade silver deposits don't become profitable until $40 or $50 silver, and it takes 5-10 years to build a mine. By the time you get to that point the banks are already squeezed and bankrupt.

[Anonymous No.27735351]

>>27730852
this is a bluff
they want to scare redditors from buying silver because silver is much more important that fucking gamestop
the silverprices have been manipulated for decades

it put a significant amount of my money in silver this year, and i am going to continue, the cheaper it is, the more i will buy

[Anonymous No.27735711]

>>27730984
They can melt the one that exists. Silver squeeze shit is dumb af. Whoever thought of it was really retarded in a bad way.

[Anonymous No.27735780]

>>27730903
buy 10oz coins Kookaburras

[Anonymous No.27735972]

>>27730852
>buys rocks
>what went wrong?

[Anonymous No.27736051]

>>27730852
Bought 300 using my grandmas savings bonds, I might lose 100 but as far as I am concerned I'd rather have the 1% chance to make a 300%-10000% moonshot than the 100 bucks. I can keep the silver in a box and occasionally admire it and then forget about it a few years. Maybe someone can take it when I die and turn it into a necklace.

Thank God I didn't go as far as I wanted too and bought the kilo for 1005 bucks. I was retarded to waste 300 as it is.

[Anonymous No.27736058]

>>27731352

Who bought SLV? Nobody here I hope. That would be like donating to onlyfans whores

[Anonymous No.27736332]

>>27730852
when boomers unload heavy bags
the tears of the millenial will drown even the zoomers.

[Anonymous No.27736533]

>>27730852
it was a psyop to distract you from gme you fucking sheep

[Anonymous No.27736581]

>>27734723
See point number 2

[Anonymous No.27737178]

>>27730852
A) Wife? A biological woman has never touched your penis.
B) The whole purpose of this was to hoard the silver so Big Tech has to pay 1,000 an ounce to make smartphone. It's a long range way to screw over Big J, not to make profits per se.

[Anonymous No.27737319]

>>27733254
Your mouth says "lel" but your eyes say "uh oh".

[Anonymous No.27738041]

>>27732078
I'm waiting for that moon anon. I've been stacking 1oz coins once a week for 3 years now.

[Anonymous No.27738305]

>>27730852
what went wrong with silver?
nothing.

why didn't the silver squeeze work?
most every silver dealer was sold out of product in USA and prices have decoupled from spot.

Your problems with your wife are your own making, that is, if this wasn't FUDposting from an increasingly nervous shill.

[Anonymous No.27738449]

>>27736533
Between that Doge needing to pump during the game fiasco Rh it was destined to fail the establishment wasnt going to let the little guy win

[Anonymous No.27738520]

>>27730852
>>27730903
>>27730984
Paper silver and physical silver decoupled last week. Physical silver is +5-7 from spot minimum and most vendors are sold out
>but you knew that chink
Buying 10 more oz’s in honor of your stupidity

[Anonymous No.27738582]

>>27730852

Nobody wants boomer rocks. This is 2021. Simple as.

[Yukon Cornelius No.27738740]

COMEX dropped 4x the annual production of paper silver onto the market than what is mined each year.

Nothing is wrong. We're in the middle of the storm and we're the only ones with lifeboats.

[Anonymous No.27738928]

>>27738740
making money to buy silver to survive

[Anonymous No.27738976]

>>27731271
spacex

[Anonymous No.27739492]

Cocaine addled zoomers are so retarded they fundamentally don't even understand what is happening or what they're buying
While you retards lose your parents allowance in GME shares, physical silver continues to increase in scarcity. Most local coin sellers (LCS) are running low or out of supplies. They need to order more to restock. If every place is trying to restock at the same time that bullion dealers are struggling to keep up with demands, COMEX will buckle. They cannot keep up with the demands for delivery, they do not physically have the supplies. When you buy SLV you are buying toilet paper to wipe your ass with and it means absolutely nothing to the price of real silver. Buy physical and keep buying it, until the kikes cannot keep the ponzi going

[Anonymous No.27739966]

>>27738976
>OH MY GOD, Elon Musk, the most intelligent person to ever walk on this earth, will soon invent asteroid mining and safe the world. He's like a real life Tony Stark.

[Anonymous No.27740290]

>>27735711
Wow it's almost like you don't know of the shit tons of industrial uses that consume silver. Try extracting silver from a flexible lcd screen. I'll wait.

Solar panels, circuitry, electric cars, xray machines, burn cream, fucking catheters, massive swatches of silver are pulled from the market every day and put in in-use products. Given that it is THE most thermal and electrically conducive material, and also medically-safe, this should not be a surprise.

[Anonymous No.27740542]

>>27730852
> take half my worthless silver