[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 63 KB, 640x640, unnamed (1).jpg [View same] [iqdb] [saucenao] [google]
50610544 No.50610544 [Reply] [Original]

It doesn't matter what it is
Gas prices are down
>Because we're cutting into reserves to lower it 50 cents
We're not in a recession
>Because we changed the definition, big tech is either freezing or beginning layoffs
Housing will never crash
>My zestimate has gone down for the first time in two years, I see price cuts of tens of thousands left and right

I take a step back and realize it's one of two things, a big fat Janet Yellen psyop or we're going to "melt up" like that geek said we would. All I know is each and every last rate hike lead to a pump, then a week later we were lower.

Mumus, I'd like to hear from you. Bobros, I'd like to hear from you. Snibs, yes I know.

>> No.50610699

it's hopium, but it won't last, and when it starts crashing everyone will get fucked. we will see a bullrun just not in 2022

>> No.50610794

>>50610544
They're not bullish, they're just betting against the value of their own currency. If only there were an alternative to fiat

~T. Unleveraged Hodler

>> No.50610825

>>50610544
Bear markets have the biggest rallies.

>> No.50610859

fiat will be worthless in the next few years so I buy crypto and gold/silver. bear market won't stop me

>> No.50610985
File: 179 KB, 577x600, 1655375321205.jpg [View same] [iqdb] [saucenao] [google]
50610985

>>50610699
>but it won't last
Strangely convenient that politicians are hooting and hollering no recession days before we're in an official recession. Normies have officially agreed on this. Like I said either melt up at this point or people are going to be holding S&P down to 3000
>>50610794
>they're just betting against the value of their own currency
I don't think they know that yet. The entire purpose of asset ownership and capital markets.
>>50610825
>Bear markets have the biggest rallies
It is always so hard to see this in the moment. EVERYONE is saying the bottom was $17500 which makes me believe we have to go lower. It cannot be that easy, can it?
>>50610859
>fiat will be worthless in the next few years
Maybe. But do you not want to maximize your silver stacks?
Btw silver is a trash choice. Beyond me people do not buy gold and gold only if you are a PMG visitor. Muh silver squeeze. Look at the inflation adjusted cost for silver, it's been "manipulated" for hundreds of years. Why now?

>> No.50611032

>>50610985
my silver split is very low. 70% crypto 25% gold 5% silver. china and russia are making an effort to destroy USD and make a new world reserve currency but who knows if it's just a meme

>> No.50611049

>>50610544
>Housing will never crash
I don't believe you.

>> No.50611066
File: 77 KB, 535x960, sandwicharchitects.jpg [View same] [iqdb] [saucenao] [google]
50611066

>>50610544
>Housing will never crash
This but unironically.

>> No.50611080

>>50611032
Hundred of years ago China was selling tea leaves to the British empire in exchange for silver.
Silver isn't going anywhere.

>> No.50611428

>>50610544
Because last meeting the fed said they def were raising rates through the end of the year and this meeting they said they were taking things into consideration

> hawkish to hawkish-neutral
> Money printer will go birr in 2023

>> No.50611857
File: 655 KB, 1880x1953, silver ultimate guide.png [View same] [iqdb] [saucenao] [google]
50611857

>>50610985
>Look at the inflation adjusted cost for silver, it's been "manipulated" for hundreds of years. Why now?
Did it ever strike you that up until the late 60s, all the currencies in the world were having coins, and that all those coins contained between 50-90% of silver?
Do you know how many silver coins does that represent on a worldwide scale?
You don't, because it's hard to even simply conceptualize tens of billions of silver coins.

Do you see any of those coins in the room with us? Nope. Not a single one is left in circulation in the entire world. The central banks started to quietly withdraw them from circulation during the 80s to melt them down.
Then they sold it all to industrials and banksters who needed it as collateral to not be naked short.

Ok so now you have the QRD, try to understand we removed ALL the silver in the world from our money simply to fuel the industrial demand (on top of the mining industry still extracting more than ever as byproduct of nickel/copper/tin/gold mining). And we already consoomed it all. We went from 10 billions oz known reserves back in the 50s down to below 1 billion as of today.
That's how fucking hungry for silver the modern world is. That's why the manipulation was needed, to let the world have it's technological revolution.
But now the fiesta is over, we depleted all our reserves, we don't have any extra left to supply what's needed on top of silver mining to meet the demand.
Now we enter the era of silver scarcity.

Silver is literally the only play who matter rn. Everything else is a distraction. You can't even begin to comprehend what's coming.

>> No.50612859

>>50610544
The reserves are overall a miniscule amount of oil. The US consumes 100-200 times as much as they release from the SPR daily. Oil prices go down because of recessions and global demand risks.

>> No.50612905
File: 769 KB, 1106x678, 1604865570170.png [View same] [iqdb] [saucenao] [google]
50612905

>>50610985
The majority of people on here got btfo so even a small rally like this is enough to throw the board into a euphoric frenzy and claim that 17k was the floor.
It's a mixture of delusion and hubris.
And you know as well as I do what comes before the fall.
> pic unrelated

>> No.50613040

>>50611857
that is nonsense. there is loads and loads of silver in the ground and more than enough silver is produced annually to meet demand, when most silver isn't even mined directly.
>>50611080
it's not "going anywhere" because it is useful for tech, but it isn't going to become a medium of exchange again
>>50610985
the dollar is doomed. there are quite literally billions of people who don't understand this or what it means for the future. the market makers are not among them. hence the mismatch between your expectations and reality. you do understand, but you haven't yet grasped the inevitability of what is imminent

>> No.50613045

we are going to dump HARD
check moon cycles

>> No.50614839
File: 41 KB, 798x644, 1658951261850851.jpg [View same] [iqdb] [saucenao] [google]
50614839

>>50613040
You clearly have no clues what you are talking about, so why bother opening your cum encrusted mouth, retard?

>> No.50614895

>>50610544
When default began in 2007 the market went up.

>> No.50615158

>>50610544
I think we're going to have a bear market rally for a few months here. People are too young and stupid to know that bear markets take a long time to play out. In 2000, the market crashed in march but nearly regained the prior high by december. In 2008, markets tanked in fall 2007 but regained the prior high by next summer. There was terrible news coming out both times. It's just a matter of selling populations. There are only a limited number of people with foresight in the market. Most are just sheep. Currently, all those with foresight already sold. That just leaves the sheep to buy for a while with their automatic 401k contributions.

>> No.50615315

>>50611857
The number one use of silver industrially used to be for photography. Digital photography ended that use. I don't see silver being used industrially at high levels like you claim.