[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]

/biz/ - Business & Finance

View post   
File: 89 KB, 805x784, inflation.jpg [View same] [iqdb] [saucenao] [google]
29810919 No.29810919 [Reply] [Original]

Buy Silver

>> No.29810950

Why

>> No.29811046
File: 918 KB, 480x480, 525D3A86-6EFC-4928-9848-E91C6D03AE16.png [View same] [iqdb] [saucenao] [google]
29811046

>>29810919
Oh anon!
Dont you know about our recent boating accident?! Thousands of ounces are lost at sea now. I’m to broke to afford silver now. Oops oh well.

>> No.29811256
File: 99 KB, 468x380, 1614029544202.jpg [View same] [iqdb] [saucenao] [google]
29811256

>>29810950
Silver hit a high of $51 and spiked to $121 in 1979 which is $189 and $448 adjusted for government reported inflation alone. If you used shadow stats then those numbers double. Add to that the green industrial revolution and Tesla, Apple, Solar which heavily rely on silver. Add to that the silver sqeeze going on right now through wsb, twitter, and boomer silver channels. Add to that the hyperinflation meme crises we are experiencing. 2020's will be the silver decade*
*no posts by this IP address are financial advice

>> No.29812496

>>29810950
The value of physical value is highly suppressed by the trading of commodity that exceeds the real supply of physical silver by many times. This is done to mask real inflation, subsidize tech dependent on silver, and prop up the price of gold, which is desirable for government and institutional reserves to remain liquid. Coupled with the fact that silver is exponentially growing in demand for the production of electrical and solar products, and its relative high mining and refining expense compared to other precious metals; the metal is highly undervalued.

>> No.29812542

How much silver do you actually have? I'm thinking of buying some for the first time this year