/biz/ - Business & Finance

[Anonymous No.49514420]

>record inflation
>silver down 25% from 2021
holy fuck shiny rock boomers are retarded, you could literally have just held cash and ended up ahead

[Anonymous No.49514495]

Nah bro silver ends the fed two more weeks and then comex will dissolve and the silver bull begins!

[Anonymous No.49514524]

>>49514420

>Bullshit paper silver prices are down
This is literally the reason stackers stack, dumbass.

[Anonymous No.49514605]

>>49514524
>the paper cope
Right on time

[Anonymous No.49514610]

>>49514524
>muh pApEr SiLvEr
actually bullion prices are down too. spot price is bullion price, except you pay an outrageous premium to fondle it.

[Anonymous No.49514716]

>>49514605
Same old ad hominem, can't refute the argument, right on time.

>>49514610
Yeah like any commodity, the spot and index mirror each other. And PM heavy firms ladder silver downward, only there's no Sec to call them on their bullshit.

[Anonymous No.49514769]

>>49514716
>And PM heavy firms ladder silver downward, only there's no Sec to call them on their bullshit.
what the fuck does this even mean

[Anonymous No.49514842]

>>49514769

Funds that own stocks can alternate selling large quantities of shares back and forth to each other at progressively lower price points to create the illusion of a downward trend in price.
If they get caught doing this, the sec will butt fuck them.
No such agency or mechanism exists to prevent this in PM markets.

[Anonymous No.49514869]

>>49514842
oh so it's another "the kikes are suppressing the price so we can have cheap PMs, which are actually incredibly valuable!" argument lmao

[Anonymous No.49514933]

>>49514869
Yeah about to say. Supposedly I'm making baseless claims but
>its da joos
Checks out. SEC will buttfuck this shut and it happens all over commodity markets but totally asinine to presume that silver, which has historically done like shit, is down because of factors like this. Past doesn't predict future. Econ 101 lesson right there.

[Anonymous No.49514953]

>>49514524
lmao what a fucking idiot

[Anonymous No.49514965]

>>49514933
Oh and guess I should clarify -- past metrics people are using to say have value don't predict it. But when your asset continues to do like ass historically then it's a pretty reasonable claim to make that maybe the asset isn't what you thought it was.

[Anonymous No.49515090]

>>49514420
Silver from the mid-late 1990s is worth more today than it was then. Silver in 30 years will be well worth more than it is today. It always goes up, it's just not some easily manipulated

My savings account:
1) Gold
2) Saudi Oil
3) Apple
4) Microsoft
5) Google
6) Silver
7) Amazon
8) Tesla (dont)
9) Berkshire
10) Meta (don't)
11) BTC
17) Nvidia
18) Visa
22) Chevron
24) Walmart
27) Mastercard
30) Home depot
37) CokeCola
42) Platinum
45) Broadcom
49) Shell
54) ETH
59) Comcast
64) Disney
66) Nike
67) Salesforce
69) McDonalds
89) AT&T
93) Petrochina
97) Bank of China
104) Honeywell
108) IBM
115) AMEX
134) Deere (get in now!)
155) Esstee Lauder
and then,...... XRP/LTC/LINK/GRT/ICP/SHIBA/DOGE

[Anonymous No.49515122]

>>49514869

No, more like PM dealers are massively short of physical silver compared with the amount of paper contracts which technically anyone is supposed to be able to take delivery on.
If there were a significant price spike, a ton of paper contract holders would want to redeem for actual silver, and the writers of the contracts wouldn't be able to and would go bankrupt.

Want proof of this?
Go buy a silver futures contract on any retail brokerage platform (etrade, td ameritrade, etc), take it to expiry, and try to take delivery of physical silver.
Almost no one does this, but when they do the result is the same every time.
>Brokerage rejects request
>You contact customer service
>They tell you they're having technical problems
>Then they ask you if you'd like to just close the position (sell the contract)
>You say no
>Then they offer you a cash premium to do it
>You say no
>They say they'll get back with you
>They don't
>You contact them again, they will tell you without explanation that taking delivery isn't possible
>They offer you a cash premium again
>You say no

And eventually, they just credit your account with the net value in cash, as if you had closed the position.
The implication being "if you have a problem with it, you can sue us". And no one ever does.
If you don't believe me, go ahead and try it for yourself.

[Anonymous No.49515138]

>>49514953

>Same old ad hominem, can't refute the point
There's a rail car to eastern Poland with your name on it lol

[Anonymous No.49515148]

>>49514524
It's a dumb reason to stack because there's no reason to think the manipulation will ever end.
>muh delivery
they'll find ways anon

>>49514716
>Same old ad hominem, can't refute the argument, right on time.
Show us evidence that the manipulation will ever stop, without speculating on comex deliveries

I used to stack silver but stopped when I saw it manipulated so hard.
I still have 250 oz and I'm not recommending anyone to sell or not to stack, don't get me wrong.

[Anonymous No.49515172]

>>49514420
IT'S NOT FUNNY

[Anonymous No.49515180]

Silver and gold were the original chain link they are suppressed as fuck.
Metals literally cannot moon or the entire ponzi collapses, you thought normies fomoing into btc was crazy, gold is the original btc so if gold started to show its real value as it should be, people would be scrambling to trade their monopoly money for it as it skyrockets

[Anonymous No.49515208]

>>49515148
>evidence that the manipulation will ever stop
all empires fall eventually and the us is on the way out.

[Anonymous No.49515223]

>>49514524
>as soon as society collapses, every financial institution on the face of the earth fails, and no government can fill the power vacuum for years on end my shiny rocks will finally show everyone wassup fr fr no cap!
Retard

[Anonymous No.49515242]

>>49515208
dans quinze jours

[Anonymous No.49515281]

>>49514524
> Muh shiny rocks will make me part of the 1% when the government falls
Lol
Lmao
Levels of this cope are deadly

[Anonymous No.49515339]

>>49515148

I don't need to.
Nearly every appliance or implement involving a microchip necessitates silver for its manufacture. The more this borrowing/lending/money printing shit heap continues, the more it will be in demand.
And if society does collapse, it will trade flat.

Cheating never works forever.

[Anonymous No.49515356]

>>49515208
You're still speculating/praying/dreaming for that to happen, that's not evidence man.
And if that does happen there's a super high chance most of us will die and nothing will have any value but food and water which will be fought over not traded for.

[Anonymous No.49515372]

>>49515223
>>49515281
lol
>>49515138

[Anonymous No.49515396]

>>49515223
>society collapses, every financial institution on the face of the earth fails, and no government can fill the power vacuum
these things aren't actually necessary for silver to return to its normal value

[Anonymous No.49515410]

Hecla Mining (HL) is literally the best performing stock in my portfolio today though. Up 7.36%

[Anonymous No.49515429]

>>49515339
the amount of precious metals needed for electronics is absolutely tiny, less than half a gram of silver in a smartphone
all they have to do is start mining again, not even for gold because silver is a byproduct or w/e, and they're just not mining rn because the jews have suppressed the price so hard

[Anonymous No.49515432]

>>49515372
Can't refute my point either. Remember me when you touch your silver at night

[Anonymous No.49515463]

>>49515429

And how many people own smart phones? How many people in the western world buy a new one every 2.8 years?
>all they have to do is start mining again
Where?

[Anonymous No.49515490]

>>49515432

Lol I remember one thing and one thing only when I touch my silver at night:
1964

[Anonymous No.49515501]

>>49515396
>sobbing and crying and shidding and farting noises
>WAAAAAAAAAA
>e-e-every goberment and instatootsion is keeping my silver down!
>s-snif
>NOOOOO Nothing has to happen for da silver price go up! Its fine! It'll go up! Silver doesn't need da bad goberments or instatooshions to go away!

Fucking what kind of doublethink is this shit? We all saw how your """short squeese"""" went. There are plenty of silver mines. This is peak "just two more weeks logic". Fucking boomers I swear to god.

[Anonymous No.49515607]

Only chads like Charles Fockaert know silver's value
https://www.youtube.com/watch?v=DS8y0jgy0DU

[Anonymous No.49516220]

>>49515501
Imagine holding silver when Cooper had a fucking moon mission. Kek.

[Anonymous No.49516263]

>>49514420
its foolish to do anything other than trade momentum with other indicators as probability hedges. you can't predict the market you can only beat the herd animals

[Anonymous No.49516333]

>>49516263

>you can't predict the market you can only beat the herd animals
They're the same thing.

[Anonymous No.49516356]

>>49514420
I'm so glad I only wasted around $1k on silver. That hunk of garbage sits on a shelf next to my desk, losing value daily, as a reminder to never believe boomers.

[Anonymous No.49516370]

We know they suppress it though

[Anonymous No.49516392]

[Anonymous No.49516417]

[Anonymous No.49516555]

>>49514420
Yeah but rock is shiny

[Anonymous No.49516600]

Funny thought. I bought 1 kg of silver for 0.33e a while ago. I think silver was like $26/oz and eth was $3000 that day. So like $1000 total. Silver down bad, eth down horrendously. Kek

[Anonymous No.49516606]

>>49516555
Checked and noted

[Anonymous No.49517808]

>>49515122
Wow those are some big words anon! It's quite impressive since you evidently don't understand the concept of 'price'.

People don't argue with you because you're a complete lost cause. Any 12 year old child trivially sees through your bullshit, and you would too if you could go back in time and see your current self. What they would see is a simple logical inconsistency - the inconsistency that if you could go back in time you could do much better than your strategy. Unfortunately you're a 90 IQ low-range midwit with a strong 'need to be special' personality trait. Carrying dangerous amounts of cope from your failures in life. Many such cases. You're welcome for the sane feedback, by the way.

[Anonymous No.49517937]

I sleep pretty good

[Anonymous No.49518046]

>>49514524
and that's why an auditable by default, self validating ledger is going to surpass the entire gold + silver market capitalization by orders of magnitude

[Anonymous No.49519853]

>>49514524
think again my fellow owner of many doorstops