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

/biz/ - Business & Finance


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53172861 No.53172861 [Reply] [Original]

>be silver
>second most patented commodity in the world
>number one most patented industrial metal in the world
>be used in thousands of technological, industrial, and medical applications
>be difficult to recycle after most use cases
>be naturally antimicrobial
>be used for self cleaning cutlery
>be used to keep water stores clean
>be resistant to corrosion
>be shiny
>be used as a medium for the division of labor (MONEY) for millennia
>power a technological revolution that changes the life style of humanity permanently
>fast forward to 2022
>be the second best performing asset for the whole year
>be the number one best performing asset in Q4 of 2022

>get called le shiny boomer rocks by crypto nerds
>tfw

It's not too late to get some in your hands, frens.

>> No.53172873
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53172873

inb4 retards not knowing what the dollar index is

>> No.53172879

>>53172861
Remember that owning even one ounce of Silver puts you far ahead of anyone else.

>> No.53172888

>>53172861
>be the second best performing asset for the whole year
>be the number one best performing asset in Q4 of 2022
Neither of these things are true.

>> No.53172915
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53172915

>>53172888
Okay, I guess oilprice.com, tradingeconomics.com, the LBMA, Yahoo Finance, and FRED are all full of shit then

>> No.53173052
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53173052

>>53172861
The kiked mind can not perceive the inversion even when presented with it on a silver spoon because it chooses to remain endentured and bound to a convenient lie.

>> No.53173068
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53173068

>>53172915
Choice of perception again, just like the vaccinated...

>> No.53173121

>>53172861
silver bros... one day the spoon market will BOOM

>> No.53173270

>>53172879
One of the biggest things that woke me up was this: If you were to divide all of the currently mined silver on Earth and equally distribute it among all 7 billion people, I think everyone would have a fraction of a gram. (There's some info graphic that's occasionally posted here.) Gold is even rarer. Once you start getting into the Industrial type metals like rhodium and uranium we're talking insane levels of rarity.
It seems that everyone vastly overestimates the quantity of gold and silver in the world simply because they see these metals all the time in small quantities. Knowing that all of the precious metal in the world could easily be stored in a moderately sized warehouse is a sobering realization.
If we were to move away from our current financial system, which emphasizes largely imaginary accounting constructions, towards a system that emphasizes hard assets like commodities and land, those who hold these assets would be considered the uber rich.
Last thing to consider: Apple computer is worth a market cap of about $2 trillion. The total value of all silver in the world is about $1.4 trillion. Silver is a component of all their products. If Apple took out a big enough loan against themselves they could buy all the currently existing silver in the world and corner the market.

>> No.53173293

>>53173270
the annual mined supply of silver would divide out to about a penny’s weight (3.1g) per person

>> No.53173311
File: 220 KB, 512x745, silver scarcity.png [View same] [iqdb] [saucenao] [google]
53173311

>>53173270
>>53173293
>need pasta
here it is

>> No.53173373
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53173373

>>53173311
impressive, but how robust are your schizo & antisemitism folders?

>> No.53173624

>>53172861
>it's a hedge against inflation
>outperformed by anything
>actually it's a hedge against deflation
>outperformed by the dollar

why would anyone hold this jewish scam again?

>> No.53173681

>>53173624
>>outperformed by the dollar
whoops, you gotta be faster than that, bucko
see >>53172873

>> No.53173713
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53173713

>>53173373
npcs and niggers are incapable of understanding what "undervalued" means
they're also incapable of understanding the difference between money and currency

>> No.53174394
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53174394

>be gold
>be the best performing asset of the 21st century by more than double
>get called le shiny boomer rock by smug crypto nerds
it's still not too late btw

>> No.53176285
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53176285

>> No.53177664
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53177664

>>53173270
>The total value of all silver in the world is about $1.4 trillion.
That's the market cap of all the silver mined in all history, there isn't that much silver left anymore, half of it is already permanently lost.