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30032474 No.30032474 [Reply] [Original]

>> No.30032556
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30032556

>>30032474
Has internal use case of 800 million ounces a year.

Has been used as currency for over 5000 years.

US only recently got off of silver currency and inflation went rampant, from 1:1 silver to dollar to 1:4100 silver:dollar... so a potential 200x

>> No.30032729

>>30032474
Nope. A 2x, or possibly 3x, could potentially happen though. Expect silver to drop to below $20 first however.

>> No.30032784

>>30032474
No, because its not happening.

The price of physical and paper silver was decoupled weeks ago.

This allows them to set the price of "Silver" to anything they want and just use "shortages" caused by "high demand" to bide time while restoring stock.

>> No.30032792
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30032792

>>30032729
I agree, but thats if you're assuming the stability of the USD. However they're inversely tied, if silver starts making a run, then the value of the USD plummets, so when i give that valuation i'm assuming that the price is in those inflated dollars.

>> No.30032812
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30032812

>>30032474
Me and my 700 lbs are ready

>> No.30032876
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30032876

>>30032474

>> No.30032906
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30032906

>> No.30032917

>>30032556
I think US plans to dominate on silver before anyone notices.

>> No.30032925

>>30032792
There is no way one man could cum all over that much silver

>> No.30032946
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30032946

>>30032784
yeah but more has been bought in the last month, than all of last year combined. How can they keep that up? They can't just keep prices low while the demand surges.

>> No.30032955

>>30032474

would love to see it, but no way we see a 10x.

i would be pretty thrilled with $50 this year, happy with 40, ok with 30, and disappointed with 20.

>> No.30033114
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30033114

>>30032955
yeah but, with the current demand as is... assuming it doesnt increase as more people get in on it, won't they simply run out of physical silver to sell by years end?

>> No.30033435

>>30032474
I've been expecting both the gold and silver prices to go down, contrary to the hype many are putting out. I posted this weeks ago: >>/biz/thread/S28932925#p28933470

Quote:
> "I'm thinking $18-$22 silver by mid April to mid May and $1590-$1620 gold by September/October/November. For gold that will be the bottom. Silver might bottom out at $11-$15 if $18 doesn't hold."

I've seen some forecasts calling ~$1480 gold earlier than I call ~$1600 gold. It's possible my gold estimate of ~$1600 that late in the year is wrong -- it could go lower and earlier. For example here's a call for sub-$1500 gold: https://www.tradingview.com/chart/XAUUSD/DUIvSJxy-Gold-SELL/ -- I have some doubt it'll go that low, but I wouldn't be surprised. If it goes even lower, sub $1400, I would be surprised though. I just don't see that happening. But I guess it's possible.

$11-$15 as a final bottom for silver might seem very low now, with all the hype going around, but if you look at the chart it's reasonable. Premiums would increase of course. But still, if spot goes that low then even with a 50% premium you'd have prices at or near $20 which is much lower than today. That would be a great opportunity to buy large amounts.

I believe both metals will go up a lot long term. But short time they will dump. The manipulation mustn't be underestimated. And shortsqueezing silver isn't a new thing, it's been attempted many times before. It's kind of a recurring meme. It can however succeed, and eventually probably will. But it could be years before it happens, despite real shortages.

>> No.30033534

>>30033435
based and reality pilled, except the part about going up in the end

>> No.30033578

>>30032474
>EOY
I wanted to buy but these are the things that make me stay awaay from buying

>> No.30033750
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30033750

>>30033435
This.
The rally failed so it must retrace.
But r/wallstreetsilver is still stacking, so this will cause a constant upward pressure.
r/wallstreetsilver knows that worst case silver drops to $10 and they are 30-70% down depending on entry point.
But no potential to lose everything getting dumped on like with GME. Plus it's a hyperinflation hedge.
Also pic rel was on /pol yesterday.

>> No.30033915

>>30033578
Normies are now being heavily FUDed to avoid:
- Gold
- Silver
- Bitcoin
- XRP
There's your list of investments, pick 2 at least.
t. Eastern European.

>> No.30033983

physical silver has fucking 24% VAT in most of european countries

the run isnt gonna happen

>> No.30034062

>>30032729

below 20$
then i will get another 100 kg of the shiny moon metal

>> No.30034116

>>30033983

not knowing that you can clain that 24% vat back. if you know what i mean...
>yngmi

>> No.30034192
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30034192

>>30033435
how do you look at >>30032946
pic related, and think "its been tried many times before"?

Do you not see, with your eyes, the clear and obvious difference in buying that is happening right now?

>>30033534
HOW do you have constant pressure of buyers, a finite amount of bullion on the market, and a continuous downwards price. Are you anons retarded? It's not "reality pilled" it's "the math works out, but i'm afraid of accepting that as a reality"

>>30033915
BTC and XRP (all of crypto) is a meme with no inherent value, a pump and dump to the last of them.

>>30033983
24% VAT is big, but your countries are all controlled to the T, that's why you'll all do what your overlords say. Lots of places sold out in europe though, from what i've heard on yesterdays silver thread from some belgian bros.

>> No.30034220

>>30032729
Is rebuy below $20, I sold at $28 and barely made it back from the jew with all my limbs.

>> No.30034344

>>30033435
then I'll keep spacing out buying 5oz/month hoping to get my average down

>> No.30034508

>>30034192
>XRP (all of crypto) is a meme
it isn't. The ripple network is a (revolutionary) ledger that keeps track of wealth, in whatever form it is. You can send Dollars and another person can get it automatically in YEN or whatever without having to do anything. You can send BTC and other cryptos over the ledger.
It basically solves a real problem in a fast and pretty much instant way.

>> No.30034635

>>30033435
Lol nobody is selling you physical silver for 11-15 bucks in paper value.

>> No.30034768

>>30034508
You can also buy precious metals and in theory everything that one can tokenize

>> No.30034808

>>30034508
>it isn't. The ripple network is a (revolutionary) ledger that keeps track of wealth, in whatever form it is. You can send Dollars and another person can get it automatically in YEN or whatever without having to do anything. You can send BTC and other cryptos over the ledger.
>It basically solves a real problem in a fast and pretty much instant way.

Want to bet that if you gave me 500k usd i could hire some comp nerds to copy/paste the XRP network but do it better than they do? Fix a few of the kinks etc? Make the tokenomics absolutely more beauitful and pumpworthy by a horde of pajeets. Would do the SAME thing, convert to yen and whatnot. And guess what? Another even more bored anon a year from that, could make ANOTHER version of whatever it is you think XRP accomplishes, but even better...

Think about it anon, all of crypto is a pump and dump

>> No.30034945

>>30034808
I don't disagree with that. From a technical standpoint you could fork any coin and change it. But they also have connections to Banks and former government employees working for them and vice versa. Look into XRP and Gary Gensler.
SWIFT is a shit system as well and gets used. At one point one has to adopt a new system and Ripple put a lot of work into being (((their))) network.
XRP is the only crypto I'm bullish for, especially with the upcoming regulations with the SEC.
I'll also stack precious metals though

>> No.30035399
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30035399

>>30034945
>But they also have connections to Banks and former government employees working for them and vice versa. Look into XRP and Gary Gensler.
>SWIFT is a shit system as well and gets used. At one point one has to adopt a new system and Ripple put a lot of work into being (((their))) network.
>XRP is the only crypto I'm bullish for, especially with the upcoming regulations with the SEC.
>I'll also stack precious metals though

Everything you said is basically hype. It's good that you'll stack precious metals though, i hope the cognitive dissonance isn't too bad.

Make a post when you hold your first roll of 1 oz coins in hand, look at them, and realize that this is the first time in your life that you've held and owned real fucking money. Something that won't go away. Share your feelings. It's rather unique at the allure that silver has when you start to actually buy it... its addicting lol

>> No.30035408

>>30034192
>"its been tried many times before"
See: https://video-ideas.tradingview.com/6/64414-Srdvs3vCnTYkc_Ql.mp4

>>30034508
>it isn't
it is, and bluepilled and jewish

>> No.30035683

>>30035399
>>30035408
It is Jewish and probably why the financial system will incorporate blockchain technology, if you like it or not.

I currently have only 15oz of silver and you are right, the feeling is great :) There's something really mesmerizing about it. I'd get gold as well but the only coin I could afford would be 1/10oz

>> No.30035823
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30035823

>>30032792
Either you pulled that off reddit, or you're actively posting on reddit, which makes you a faggot. That being said, glorious stack, and when my brother sent me this pic earlier it was hard not to be jealous af.

>> No.30035902

>>30035408
>video
>ignores everything investors are saying about silver and it's scarcity
>Ignores information about blatant manipulation
>Ignores current levels of inflation
>bases findings on SLV
>thinks silver squeeze is about the stock market
T-R-A-S-H

>> No.30035982
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30035982

>>30035823
pulled it off of reddit... it really is too glorious not to share.. Inspiring really.

Pic related is another one from yesterday that someone posted there.

>>30035683
it is jewish and the financial system will incorporate it? If the silver squeeze makes them unable to print fiat within 2-3 years because NOBODY wants their paper... there won't be a US of A anymore (will balkanize) and DEFINITELY wont be an israel without the US's backing. The silver squeeze has strong political power (unlike crypto or any other investments) so you're doing more than just buying and making profit.

>> No.30035998

>>30035823
How do you know it was from reddit if you are not a reddit fag?

>> No.30036067

>>30032474
Still pretty hard to find physical silver in the U.K.

>> No.30036263

>>30034116
>you can clain that 24% vat back
how?
curious now

>> No.30036340

>>30032955
>i would be pretty thrilled with $50 this year, happy with 40, ok with 30, and disappointed with 20
why should it go to 50€ THIS YEAR?

>> No.30036399

>>30035982
evel better then. I'm stacking Maple Leafs, although I think American Eagle looks better

>> No.30036442

I would buy if there was a way to sell my coins at spot price otherwise Im losing money

>> No.30036627

>>30032474
faggots like you will be lucky if silver goes to 50USD eoy

>> No.30036672

>>30035982
you need to go back

>> No.30036767
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30036767

>>30032474
here's your boss battle, boss