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/biz/ - Business & Finance

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53523086 No.53523086 [Reply] [Original]

DUDE JUST HOLD SILVER FOR 50 YEARS LMAO

>> No.53523097

>>53523086
imagine buying an asset where you take an immediate 5-10% loss due to premium. you have to be mentally ill to hold precious metals as a serious investment.

>> No.53523142

Well yeh in your 401k retirement its probably a good idea. Silver will become more scares than gold

>> No.53523150

Only metal I collect are Judas Priest vinyl records

>> No.53523158

>>53523097
I bought silver 7 years ago and its already 2x’d. You think I miss my 5%?

>> No.53523223

>>53523158
silver doing a 2x is a once in a lifetime event. it's like me bragging that i sold GME for a 2x to all of the retards still bagholding it with a $300 cost basis.

>> No.53523279

>>53523223
it happens every 10-15 years; that's not once in a lifetime

i'm not even a silver fag, but they're right it's heavily manipulated, that it has the potential to 10x

the trick is breaking JP morgan to do it (or the govt holding them accountable)

that part i think is fantasy; JP morgan will never be allowed to stop manipuuuuuulating

>> No.53523296

>>53523097
This guy buys from Apmex and sells to the local "Cash4Gold" store

>> No.53523375

>>53523279
>that it has the potential to 10x
they would literally halt the markets like they did with nickel in march 2022. you can't win.

>> No.53523390

>>53523279
>selling is manipulation

>> No.53523406

>>53523086
DUDE JUST HOLD FIAT THAT INFLATES AT 10% PA FOR 50 YEARS

>> No.53523462

>>53523158
I 2x'd on a shitcoin in literally 6 days and sold my bags. Lmao

>> No.53523466
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53523466

>>53523375
>they would literally halt the markets like they did with nickel in march 2022. you can't win.
yes i agree, that's what i'm saying (i don't hold silver)

>>53523390
selling 250x what you don't have is absolutely manipulation

>> No.53523600

>>53523223
S&P doing 2x is six times a lifetime event. On average.

>> No.53523637

>>53523600
silver did a 10x from 1991
currently still up 6x
up 100x over the last 80 years

thing is silver is artifically low because theyre selling more than they have.
everyone should demand physical delivery and make the price go sky high.

>> No.53523687

>>53523466
>>53523637
do you grasp what the purpose of a futures market is

>> No.53523782

>investment

its not a investment, retard. silver and gold is real money. Its a storage of wealth, and when the US Dollar does collapse and market shits itself to correct, governments around the world will attempt to stabilize by going back to the gold standard. Once gold has been established again, you buy back into the market at bottom.

its not a hard concept to understand. Also, its generational wealth, if the market doesn't shit itself in my life time, it will certainly happen in my childrens life time, and they will be loaded with gold and silver.

Ill unironically kill them when im dead though if they liquidate my stack to buy shitcoins

>> No.53523848

>>53523687
yes, it's sanctioned gambling