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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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30017221 No.30017221 [Reply] [Original]

WHAT THE FUCK WAS THAT

>> No.30017854

>>30017221
Hopefully it means silver is about to go on sale.

>> No.30018539

>>30017854
If you can find it.

>> No.30018708

>16%+ premiums on anything other than war nickels and 40% halves

half expect the price for physical to get higher despite lower spot price

>> No.30018974

>>30018708
Yeah I feel really dumb for spending 33.50/ozt on 10 oz bars last week, luckily I only bought 25 ozt

>> No.30019669

>>30018539
That's the part of all this silver price-fixing conspiracy shit that actually makes sense. Why is silver priced so low yet so hard to obtain in .999 pure as a commodity? When demand is high, prices go up. That's free market 101. If prices keep dropping as demand goes up then somebody is rigging the fucking game.

>> No.30019711

>>30019669
Or maybe silver is just plentiful and worthless

>> No.30019780

I hope this means I can finally load up on physical, but I would not be surprised if they went up. Derivatives should be fucking outlawed.

>> No.30019784

>>30019669
So those with power can start VIP bidding of course silly

>> No.30019872

>>30019669
>>30019741

>> No.30019880

>>30019669
AHEM

WITH JEWS
YOU LOSE

>> No.30019882

>>30019669
>somebody is rigging the fucking game.
its obvious at this point. anyone not trying to stack at least 500oz is going to be on the wrong side of poor very soon.

>> No.30019999
File: 2.34 MB, 3840x2160, 1611872101366.jpg [View same] [iqdb] [saucenao] [google]
30019999

>>30019882
fug im at 275, I hope I have time to accumulate. posting stack

>> No.30020122
File: 1.32 MB, 2160x2410, NTRd.jpg [View same] [iqdb] [saucenao] [google]
30020122

>>30019999
ooh quads and heres's my ntr bar and blowjob dimes

>> No.30020254

>>30019882
222ozt and 15k in miners
>WAGMI

>> No.30020446

the comex has no silver, why does it even go up, this price has nothing to do with the real price of silver

>> No.30020512

the value of a contract of silver managed by j.p morgan should be $0

>> No.30020799

>>30017221
They announced a massive production increase next year in response to demand. Thats how silver works. Thats one reason we buy crypto instead, no such thing as a production increase - only decreases.

>> No.30020859

>>30020799
source?

>> No.30020982

>>30020859
Fake news, the Jews are scared

>> No.30021007

>>30020859
https://www.mining.com/global-silver-output-to-rise-8-1-in-2021-report/
https://www.kitco.com/news/2021-02-26/World-s-silver-production-to-grow-18-by-2024-report.html

>> No.30021042

>>30020799
kek who's "they" fucking faggot. this isn't one of your moon boy cryptos where the devs can rugpull you. This is a real(manipulated) market

>> No.30021043

>>30020799
Mines cant just "increase production" whenever they want. They have to go through red tape based on the country they are in. No mine is going to go through the time, effort and money to increase output because of 1 month where demand what high. You're a fucking clown.

>> No.30021142

>>30020799
>10 years of mining deficits
>all easy silver mined a century ago
>shadow comex contracts of (((whoever))) securing everything on the market for themselves during the entirety of 2020

yea, ok, sure, theres plenty of silver to go around

>> No.30021166
File: 1.62 MB, 3488x4656, African_Wealth.jpg [View same] [iqdb] [saucenao] [google]
30021166

>>30019999
Checked keep going anon

>> No.30021164

>>30021007
Ffs its going to just above 2019 levels because 2020 was so fucking bad because of the rona. New mines and increased mining dont just happen because of one months increased demand.

>> No.30021240

>>30021043

Except we have real world proof that silver is actually dumping lmao enjoy paying a higher premium than metals even move in a lifetime

>> No.30021538

>>30021042
Reddit is for you.

>> No.30021555

>>30021240
>silver hit $50 in 2011

>> No.30021641

>>30021555

So I can hope to see a spike to 5% more than what I pay per oz maybe while I’m alive?

>> No.30021689

>>30021555

I did 10% converting blindly on regular Coinbase from btc to bat why the actual fuck

>> No.30021741

>>30021538
the jews can't ramp up production retard. they can only print fake paper.

>> No.30021763

>>30019669
i know you think all that paper silver is fake but its not, there is a lot of fucking silver just sitting in places. when the prices moves enough they sell and that shit will go on for 100's of years like it is. you can't win in silver unless you buy billions worth.

>> No.30021769

>>30017221
the ol monkey hammer

>> No.30021831

>>30019711
lol.

>> No.30021862

>>30021641
You would be buying at $47.62 then.

>> No.30021937

>>30021166
based krugs

>> No.30021943
File: 207 KB, 463x839, mion3.jpg [View same] [iqdb] [saucenao] [google]
30021943

JP Morgan's script ran 12 hours early due to system maintenance.

>> No.30022119
File: 59 KB, 400x322, 16912331.jpg [View same] [iqdb] [saucenao] [google]
30022119

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

required viewing for all retards that cant grasp paper metal isn't real

>> No.30022423

>>30022119
jesus christ that's bad