20% over Spot @ $26 am I retarded?

[Anonymous No.29126699]

It feels comfy to have but was it stupid as a serious investment to ape into a Reddit meme?

[Anonymous No.29126885]

>>29126699
it's something you'll have for life and can pass down your family building generational wealth.

[Anonymous No.29127169]

>>29126699
Well it is not a meme, silver squeeze will either happen or the short positions will reduce and the price will go up (slowly but surely) .

[Anonymous No.29127247]

>>29126699
IF all else just hold them, it will go up in time.

[Anonymous No.29127280]

>>29126699
Why is everyone holding gold and silver while the real black swan is platinum?

[Anonymous No.29127290]

>>29126699
>investment
It's to preserve wealth.
Which it will do.

Also, why are your ears on reddit but your mouth on 4chan?

[Anonymous No.29127320]

>>29126699
Will be the next shitcoin to moon, so you made the right decision.

1KEOY

[Anonymous No.29127358]

>>29127247
Yeah obviously I’m not looking to make short term flips.

[Anonymous No.29127436]

>>29127290
Because /biz/ is the reason I am getting rich and Reddit was the reason I wasted my 20s

[Anonymous No.29128087]

>>29126699
20% premium or even 40% premium when spot is $12-$20 is a better deal.

[Anonymous No.29128202]

>>29127320
The silver devs seem trustworthy enough. I have faith that for once my coins won't get rugpulled.

[Anonymous No.29128265]

>>29126699
who would seriously buy this and call it an investment?
give me your best reason fags

[Anonymous No.29128513]

>>29126699
>20% over Spot
to buy slver?

[Anonymous No.29128520]

>>29126699
Bruh, I can't find Silver Maples around me for less than $44 each. I tried to buy them from a place advertising $40/each but they've been out of stock for 3 weeks and can't get anymore.
These are Canuckbucks.

[Anonymous No.29128707]

>>29126885
>building generational wealth.
It's literally a fucking silver coin. The average thot's jewelry drawer nets more than your shitty pile of overpriced silver bullion.

You know how you build generational wealth? It's not by spending money on an asset that is never ever bought back from retail investors at face value.

[Anonymous No.29128749]

>>29126699
People hedge with precious metals in case of an economic downturn, but explain to me what value precious metals will have then? A unique seashell will be much rarer than a silver coin, so it’s certainly not scarcity and there are no actual uses for silver in the world. Investing in gold and silver is top tier retard boomer shit. It is the tulip market that for some reason persisted. Bitcoin and crypto in general will be a better store of value in any circumstance where one thinks silver or gold will have value.

[Anonymous No.29128828]

>>29128749
I should add that tulips are unironically rarer than silver or gold.

[Anonymous No.29128938]

>>29128749
>there are no actual uses for silver in the world.

I'm not even a PMfag but Jesus Christ this retardation earns a (you). Silver has a fuckload of industrial uses.

[Anonymous No.29129032]

>>29128265
Because it's shiny and shiny things are valuabld

[Anonymous No.29129129]

Bwahahahah I’m selling a monster box of maple leafs to buy more bitcoin today!!!

[Anonymous No.29129274]

>>29128828
Maybe some days of the year.

[Anonymous No.29129288]

>>29128938
Copper and aluminum have vastly more industrial uses. Aluminum in particular is actually scarce because it's not easy to refine. I could have a garage full of copper and it wouldn't be worth all that much if I took it to the scrap yard, but you're telling me your tiny pile of overpriced boomer rocks whose primary value comes from being boomer rocks is supposed to appreciate in value?

"Precious" metals are a bubble. In the long term I see this shit going to zero when it is exposed that the banks actually have almost no real boomer rocks left in their reserves, and when people finally realize that the only value boomer rocks ever had were as a primitive financial instrument.

[Anonymous No.29129378]

>>29127280
>platinum
50% of platinum usage is for catalytic converters in ICE vehicles and ICE vehicles are being phased out over the next 10 years in many places.

[Anonymous No.29129489]

>boomer rocks

Lmao how is this meme still alive

[Anonymous No.29129491]

>>29128265
because silver is the most shorted commodity on earth. shorted by all the big banks. when the squeeze is on it'll make GME look like child's play.

plus owning silver helps protect against inflation and deflation.

and it goes tink tink and looks cool.

[Anonymous No.29129574]

>>29128749
>there are no actual uses for silver in the world.
wut
>Bitcoin and crypto in general will be a better store of value
yes, Bitcoin and crypto with their many uses today.

[Anonymous No.29129847]

>>29129491
LE JEWISH HEDGE FUNDS ARE SHORTING DOGECOIN! QUICK FRIENDERINOS LET'S ALL BUY BOOMER ROCKS AND GET READY FOR THE SQUEEEEEEEEEEEZE

[Anonymous No.29129999]

>>29126699
It's not a Reddit meme, Wallstreetsilver is a /biz/ colony. WSB rejected silver. But if you don't want to pay premiums then consider buying mining stocks which offer massive leverage.

[Anonymous No.29130024]

>>29129288
dumb dubs
>Copper and aluminum have vastly more industrial uses.
okay. and water has more industrial use than either of those. what's your point? Most silver consumption is industrial.
>Aluminum in particular is actually scarce because it's not easy to refine
aluminum is fucking easy to refine, you just need a fuckton of energy. That's why a huge amount of aluminum ore is shipped from Brazil to Iceland where hydrothermal plants allow for cheap electricity for aluminum refining.
>I could have a garage full of copper and it wouldn't be worth all that much if I took it to the scrap yard,
probably more than you think. Copper thieves have been a problem for decades now
> it is exposed that the banks actually have almost no real boomer rocks left in their reserves
oh, I see, you're one of those. You probably think that Bitcoin, which has been pumped by Tether printing, is fully backed.

[Anonymous No.29130085]

>>29129999
Mining stocks are at an ATH. Right now is the worst time to be buying stocks at all. No way to make any money unless you're already loaded.

[Anonymous No.29130223]

>>29128707
spotted the shitcoin shill

[Anonymous No.29130275]

>>29128520
leafs get cucked hard. premiums are high and our dollar is shit so we pay even more. But silver is just accounting for all the dogshit money printing Justine has done, but at least we got weed right?

[Anonymous No.29130350]

>>29126699
Spot is $27 right now. So if you paid $26 you got a little bit of a deal.

[Anonymous No.29130390]

>>29126699
yes you are retarded. now try selling a single coin with profit!! or just break even! you will understand what i'm talking about.

[Anonymous No.29130496]

>>29130350
OP mentions paying 20% over spot, since physical is actually valuable and spot price is shit.

[Anonymous No.29130650]

>>29130223
Go ahead and try to sell your boomer rocks, retard. You have two options: Mr. Shekelstein's Cash for Gold, that's going to pay you a quarter of what it's worth because he thinks you're desperate (you probably are), or ebay, where you might find a bigger retard to offload your boomer rocks on, but you'll spend so much in shipping fees and your own time that by comparison you would make a bigger 'profit' from working at a Wal Mart for a couple of days.

[Anonymous No.29130735]

>>29130650
retard

[Anonymous No.29130820]

Worst kike boomer antiquated bullshit investment ever. Have fun staying poor and watching your soul melt away holding silver bags while everyone else is becoming crypto millionaires

[Anonymous No.29130927]

Physical silver is the most suppressed asset going. Treat this as a gift, the whole physical silver supply is being bought up at under 30 dollars. What happens when the paper rigging can no longer work and the price starts to move... there is no silver. Silver will be in the hundereds/thousands of dollars rather quickly.

[Anonymous No.29131056]

>>29130085
There's no such thing as "All Time High".

[Anonymous No.29131104]

See pic One minute candles yesterday

>now tell me that is not manipulation!!!!

Buy physical..

[Anonymous No.29131102]

>>29130927
The price is not being suppressed by 4000%+. I will never believe this. True value is 3 digits, not 4.

[Anonymous No.29131141]

>>29130650
Why would I sell? You're never going to be wealthy if you keep selling.

[Anonymous No.29131197]

>>29126699
silver is for white trash boomer morons. gold is the aristocratic buy. i fucking hope you didn't buy that monster box. i hope that's an image from google.

[Anonymous No.29131448]

>>29131056
No, I'm saying that in the span of a year mining stocks have gone up by over 100%. It's clearly a local maximum and if you buy now it'll be a long and painful road ahead.

[Anonymous No.29131970]

>>29131197
you are supposed to by silver when the silver/gold ratio is high and then trade it for gold when it drops. this is why I laughed when the twitter retards tried to squeeze silver and I was already sitting on a dragon's hoard of physical.

[Anonymous No.29132631]

>>29131141
Kek'd

[Anonymous No.29133103]

>>29126699
good news. Texas Precious Metals is finally going to ship today. Should get my coins soon. Remember its about preserving wealth.

[Anonymous No.29133117]

>>29131141
>Why would I sell?
I'm simply making the point that whenever you would actually want to sell, you couldn't sell at anywhere near the nominal value of your boomer rock holdings. If you want to participate in a market where institutions always sell to retail at a premium and buy back at a cheaper price regardless of the nominal value of the asset, be my guest.

[Anonymous No.29133239]

>>29126699
believe me, you won't regret it

[Anonymous No.29133384]

>>29133117
kek I can tell you've never bought or sold a coin in your life. I've never sold my coins for below spot(and with a premium FAGGOT) and nobody complains. Thats the value of the actual metal.

[Anonymous No.29133535]

>>29133117
You're continued obsession with "selling" demonstrates a fundamental ignorance of precious metals as a commodity.

[Anonymous No.29133596]

I bought 20 ounces in 2015 when it was under $20. How do I dump this shit?

[Anonymous No.29133599]

>>29133384
>offload your bags on a bigger fool on ebay
>pay $50 shipping fee
>$20 profit on your boomer rock

[Anonymous No.29133743]

>>29133535
Sounds to me like precious metals is a market not for people who want to make money but for people who want to waste money on lumps of mass that will gather dust in storage until you die and then get auctioned off and pawned for pennies on the dollar. Nice.

[Anonymous No.29133825]

>>29133743
I up 50% on the shiny rocks I got.

[Anonymous No.29133942]

>>29126699
The whole box? Amazing if true.

Come this way, fren: >>29132947

[Anonymous No.29133968]

>>29126699
I'd look at physical precious metals as more of insurance and a future inheritance for your kids and grandkids than a money-making investment.
If shit ever hits the fan and society crumbles, you have something that should be usable as currency so you can possibly trade without sacrificing your anal virginity. To me, that's the main use.

[Anonymous No.29134122]

>>29133968
If society collapsed, what use would gold and silver have?

>ooh me like shiny rock

[Anonymous No.29134126]

>>29126699
quit touching your coins with your greasy hands you fucking idiot. if you want a numismatic premium, you will leave that monster box unmolested or sent off for grading. Either way, you just fucked those three coins.

[Anonymous No.29134219]

>>29129378
phased out..... rofl

[Anonymous No.29134250]

>>29134122
Dumbest post I've seen today.

[Anonymous No.29134354]

>>29133825
me too but inflation has been over 100% since i bought them
rocks are dumb

[Anonymous No.29134386]

>>29133968
Yeaaaaaaaah but you can do that with a couple bags of rice and beans though.

>>29134219
Internal combustion engines WILL be banned and you WILL eat the bugs, anon. Seriously though, they give plebs way too much ability to store an obscene amount of energy in an underground tank.

[Anonymous No.29134392]

>>29133743
There's nothing wrong with hedging in varied assets against the dollar as a "just in case". If you have a large portfolio, IMO, it should be, right now, 10% BTC, 5-10% precious metals, 20% land ownership, 20% real estate, and 40% stocks.

[Anonymous No.29134395]

>>29134250
No really, what would be the use? What can you do with a silver coin if society collapsed?

And what's stopping an armed gang from taking all of your boomer rocks and murdering you?

[Anonymous No.29134432]

>>29126699
>investment
>silver
pick one

also it's the wrong metal to store value with, poorfag

[Anonymous No.29134447]

>>29134122
Everyone views "collapse" as a mad-max world. There are a lot of gradations of collapse where precious medals would be very desirable.

[Anonymous No.29134649]

>>29134122
Shiny precious metals have been universally valued for thousands of years by humans at all eras of economic development and technical knowledge.
Until we park an asteroid in orbit and start sending down millions of tons of minerals, gold and silver and other shiny things will have some real value.

[Anonymous No.29134719]

>>29128265
Has industrial uses and has been a store of wealth for centuries. It is most useful for storing wealth safely and securing favorable position during a collapse, of any sort. It will always be a long term hold and will not net any quick returns but I like putting some of my gains into PMs because it gives me peace of mind.

[Anonymous No.29135059]

>>29128707
https://rumble.com/vcsqp1-my-boy-ricardo.html

Jewelry is 6x overpriced on average
Silver coins go up in value
Jewelry = Jewery

[Anonymous No.29135122]

>>29126699
Nope not at all just be sure to keep cost averaging

[Anonymous No.29135145]

>>29134122
>If society collapsed, what use would gold and silver have?
It's not going to collapse like Fallout-Vegas, or MadMax. Its going to be the dollar that falls, and any fiat currency that is connected. Last year USA printed 1/4 of all money in circulation. Biden is looking to give reparations to slave descendants to the tune of around 50k-150k each. Additionally, they are looking to give every child money. That is going to undermine the dollar. So having silver and gold, you can trade it for a better currency. It would be nice if the dollar goes back to the gold standard. In 1971, Nixon took USA off gold, and it was supposed to be temporary, ostensibly to defeat USSR. But we never went back to gold after the Wall fell down in the 80s.

[Anonymous No.29135225]

>>29133599
KEK the biggest fool is you trying to talk about a market you dont understand. Watch the train pass by bc tickets are running out :)

[Anonymous No.29135301]

Please pump my bags :')

[Anonymous No.29135363]

>>29134395
If boomer rocks are useless why would a gang of thugs want them? You also assume that I don’t have plenty of guns and ammo too along with my boomer rocks

[Anonymous No.29135521]

>>29130650
>>29128707
Unironically this.

Silver coins would be useful only in the case of "MUH VENEZUELAN HAPPENING" but silverbugs have been predicting one just behind the corner for 20 years now.

[Anonymous No.29135524]

>>29126699
It's not the best time to buy obviously but you should be in the green by summer.

[Anonymous No.29135597]

>>29128265
Cause in reality that graph goes back 7000 years.

[Anonymous No.29135784]

>>29126699

My Grandmothers dining room hutch has like 200lbs of silverware. I'm fucking rich boys!!!!!

[Anonymous No.29135927]

My gold and silver will go to my grandkids. Selling isn't happening in my lifetime.

[Anonymous No.29136349]

>>29135784
Do you know the differences between sterling, plated, and German silver?