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File: 37 KB, 770x410, silver_20_year_o_usd_x.png [View same] [iqdb] [saucenao] [google]
57070459 No.57070459 [Reply] [Original]

If Elon Musk gave a shout out to silver would we finally see line go up?

>> No.57070507

I buy my baby/infant/toddler nieces and nephews silver coins for bday/christmas, there will probably be silver shortages in 20 years by the time they're in their early 20s. Id do the bitcoin for them, but my siblings dont understand it so i cant be bothered explaining it to them.

>> No.57070526

>>57070507
>tfw my retard uncle bought me a shinry rock instead of BTC when the price was still under $1mil

20 more years

>> No.57070540

>>57070459
putting money in silver is fucking scary, i have never seen something more unpredictable

>> No.57070554
File: 67 KB, 1200x441, 1689200324298686.png [View same] [iqdb] [saucenao] [google]
57070554

>>57070459
>/pmg/fags so desperate they're resorting to hoping Musk pumps their bags
Keep watching memes do x1000s lmao

>> No.57070638

>>57070459
>he listened to preppers and bought silver
kek

>> No.57071368

>>57070459
question is why would he

>> No.57071387

>>57070459
Better buy JPM shares and enjoy the dividends.

>> No.57071476
File: 218 KB, 858x768, 1694125095756113.jpg [View same] [iqdb] [saucenao] [google]
57071476

>>57070554
>pumps their bags
You don't understand how silver works. Pumping your silver bag is just buying more. The only counterparty risk for silver is if you buy from sketchy sources. My 500toz of silver will always be 500toz, how much does a Bitcoin weigh? How much Bitcoin is used in manufacturing a solar panel or a computer? The endless shilling of thinks like LINK and other meme coins is nothing more than a "pump my bags" attempt. I don't need exit liquidity for my PMs, they'll always hold value because of the necessity.

>> No.57071477

>>57070540
silver is still at the bottom of a potential 8x. Look at 1980 and 2011. There was much less globalhomo economics back then btw

>> No.57071526
File: 48 KB, 640x544, 1695589066115691.jpg [View same] [iqdb] [saucenao] [google]
57071526

>>57071477
>8x
>1980
Adjusting for inflation, the 1979-80 ATH is $525 per Troy ounce. Taking into consideration the paper silver derivative market, silver should be $4000 per troy ounce when that marker collapses. It's a 160x when that occurs. And no off ramp needed, not attached to a public Ledger.

>> No.57071538

>>57070459
>If Elon Musk gave a shout out to silver would we finally see line go up?
HOLY FUCKING KEK PMG RETARDS ARE SO DESPERATE THEY ARE BEGGING ELON TO POST ABOUT THEIR DUMB FUCKING BAG OF ROCKS HAHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHHAHAHAHAHAHHAHAHAHAHHAHAHAHAHHAHAHAHAHAHHAHAHAHHAHAHAHAHAHAHHAHAHAHAHHAHAHAHHAHAHAHHAHAHAHA

>> No.57071553
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57071553

>> No.57071564
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57071564

>> No.57071571
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57071571

>> No.57072223

>>57070459
silver and gold have become a sort of "shitcoin" in my opinion. If you adjust for inflation, their prices peaked many decades ago. They have both become unpumpable shit.

>> No.57072237
File: 297 KB, 1080x916, Screenshot_20231223-114250_Brave.png [View same] [iqdb] [saucenao] [google]
57072237

>>57072223
Silver and gold are real money. Bankers don't want you to know this, so they suppress the value through 'paper' markets like >>57071526 mentioned.

>> No.57072244

>>57071538
How much does a Bitcoin weigh?

>> No.57072245

>>57070459
Anything that Musk shills could moon. This is why you must buy everything and hold even when it dumps.

>> No.57072256

I have 10k in silver bags ... should I roll it into something else? This shit isn't doing anything.

>> No.57072258

If you're that desperate for an exit pump, you should just sell your stack, you useless faggot. Silver will never get shilled. Silver will break out at some point but only once the system collapses. This isn't a speculative hold. It's the future-past of currency.

>> No.57072278

>>57072237
I sure hope you are right. I would love to see silver and gold fly. I bought into the whole gold shit a couple years back and then exited because I lost money. I literally gave up. I was tired seeing it just hover between 1800-2000 and my paper wealth not grow. I watched as bitcoin overtook the growth value of silver, gold, and paper money by a vast margin. It really hurt my soul knowing I should have thrown my money into bitcoin instead of gold or silver to see a significant return.

>> No.57072303
File: 279 KB, 1080x1695, 1694988709657938.jpg [View same] [iqdb] [saucenao] [google]
57072303

>>57072278
>bitcoin
>someone else's exit liquidity
Wew lad.

>> No.57072327
File: 60 KB, 1280x720, Waiting Forever.jpg [View same] [iqdb] [saucenao] [google]
57072327

>>57072303
Thats the problem though. I didn't get into bitcoin then. Looking back, I wish I had. I would at least have some fucking gains to show. Precious metals just don't move.

I don't have forever to wait for the day that those paper markets crash. That could be 50 years from now, by then I will be dead of old age.
>pic related

>> No.57072393

If/when silver's price is fully realized that means the USD has collapsed. Be careful what you wish for I guess, but you're retarded if you don't have at least a little bit of your gains in PMs.

>> No.57072465

>>57072393
>Be careful what you wish for
With solar becoming more popular, it'll consume half of silver mined annually before 2050. It's a great long term hold. Gold too, which is why I try to buy some Au in an under 100:1 ratio silver to gold for my stack. It's over 100 now but I aim for 50.

>> No.57072474

>>57072393
>>57072465
The point is there doesn't need to be a collapse of the USD for silver's true price to shine through.

>> No.57072479

>>57070540
Try natgas.

>> No.57072722

>>57072278
>I bought PMs expecting the price to explode within months for no reason, then I sold for a loss just before we hit the ATH
The problem here is that you have a room temp IQ.

>> No.57072791
File: 69 KB, 1244x635, gold price failure.jpg [View same] [iqdb] [saucenao] [google]
57072791

>>57072722
Look how pathetic gold price is ever since its run up from 2000 to 2012......its pathetic. So much inflation has occurred from 2012 to current day but gold hasn't POPPED OFF at FUCKING ALL. Its a failure. The sooner you come to terms that its unpumpable horse shit, the sooner you will come to the realization I had when I watched bitcoin go from sub 1$ in 2009 to the fucking $44,000 it is today. The value gain against gold is fucking stupid.

>> No.57072805

>>57070459
Just sad...

>> No.57072806

>>57070459
Silver fags are absolutely deranged. Most of them have fantasies that their aluminum foil rocks will skyrocket them into kingship during a apocalyptic event. Even worse, that they’ll take sex slave ownership of mothers and UNDERAGE daughters because of their lmaoSilver holdings.

If you’re a silverfag, fucking kill yourself you fucking psycho.

>> No.57072846

>>57072791
Anon, what you fail to understand is that no one actually believes in gold. Look at the nonsensical reasons goldtards come up with. "If society collapses..." LOL. No one actually believes some fantasy scenario will play out where the holders of rocks rise to the top of society. It's all a sick joke to get younger and impressionable guys to miss out on potential gains.

>> No.57072867

>>57072846
You know whats even more insane about silver and gold? If we reach space like Elon Musk wants, we will be mining space rocks.....literally infinite silver, gold, platinum, etc. supply. If I learned anything in macroeconomics class is that anything that has an infinite supply then goes to ZERO VALUE.

>> No.57072890

>>57072791
>does a >4x in under 20 years
>b-but I bought at the exact top of five decades so nobody could possibly beat inflation using this asset
There’s that room temp iq again. If you had bought at the top of bitcoin you’d be way down even before inflation, retard.

>> No.57072916
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57072916

>>57072806
>kill yourself you fucking psycho.
Hypocrite with no level of self awareness.

>> No.57072931

>>57072867
>mining space rocks
Two more weeks until that happens, right?

>> No.57072943

>>57072867
>in a Sci-fi fantasy, your assets will be worthless
Don’t forget to bring up the fact that infinite nuclear energy will allow alchemy to be in common use any day now. In reality, I have a rock that will never go down in real value without massive price suppression and is guaranteed to go up in value in the eventual case of economic collapse.

>> No.57072951

>>57070459
He won't do that because silver is an industrial material for cars and rockets.

>> No.57072981

>>57072890
A 4x in twenty years is terrible. And lets say the lowest point between 2012 and now it was at $1000 and someone bought at that point. It's also mediocre measuring from that point accounting for debasement of the dollar. I don't know how rock fags kid themselves so much it is really amazing. Their not the most delusional group on biz certainly, but only because there is so much competition for that title from others like GME baggies and XRP baggies..

>>57072931
I don't believe it will happen in my lifetime at all, but it is more of a credible argument than rock boomers dreaming of total civilizational collapse, including a permanent end to internet infrastructure, validating their choice of gold over bitcoin.

>> No.57072991

>>57072951
Congratulations you cracked the code.
If silver moons the military-industrial-complex is fucked as silver is needed for bombs and rockets.
So it will never happen and every government agency is working towards cheap commodity prices.
Happy Xmas anon.

>> No.57073000

>>57072256
no you gotta hold. trust the plan.

>> No.57073024

>>57070459
Why would he do that when a lot of silver is necessary to produce EVs? He wants silver to be as cheap as possible. Better for you to pray he keeps building cars and dries up the supply.

>> No.57073029

>>57072474
The other bull case is silver running out until price discovery.

>> No.57073053
File: 2.43 MB, 1920x2933, 1702749020005044.jpg [View same] [iqdb] [saucenao] [google]
57073053

>>57072981
>gold over bitcoin.
Bitcoin forks, and not to mention the other 1000 crypto currencies out there. Oh, and how much does bitcoin weigh?

>> No.57073090
File: 165 KB, 1024x1024, 1696412575104508.jpg [View same] [iqdb] [saucenao] [google]
57073090

>>57073029
Can't wait.

>> No.57073149

>>57072981
>A 4x in twenty years is terrible
The S&P 500 has only barely beat it in the same time frame, retard. And that’s despite gold not being considered a growth asset and very clear price suppression of precious metals. Go back to going broke gambling on shitcoins if you think you can do better lmao.

>> No.57073339

>>57073053
You're a drooling idiot too stupid to realize the points you raised are irrelevant nothing burgers.

>>57073149
Hey poor retard, I dumped all the gold and silver I had in 2015 to buy bitcoin. Look at some charts, do the fucking math. I still have those same coins today, and you are at minimum 30 IQ points below me. You and the other anon should be begging me to spoon feed you, but since you're not I'll just laugh at you. You will cope and say I'm lying. Such cope is necessary to being a metal boomer in the current year.

>> No.57073390

>>57073339
Sure, sure, every one of these threads has one guy who “made it” on some shitcoin. Half of them supposedly sold their gold to buy the shitcoin, and 90% of them “made it” by making <$100k. None of them ever post proof of any kind except maybe a screenshot of their supposed account value, and none of them are able to repeat their success because they just got lucky in the shitcoin casino.

>> No.57073395

>>57070459
according to that chart line has gone up since 2004

>> No.57073402

>>57070459
>if daddy based boy elon would just give my investment a crumb of online attention...would line go up finally?
Kek pathetic

>> No.57073425
File: 13 KB, 255x247, 1588186306882.jpg [View same] [iqdb] [saucenao] [google]
57073425

>>57070459
>If Elon Musk gave a shout out to silver would we finally see line go up?
holy shit the desperation, kek

>> No.57074080

>>57073395
Zoom out...

>> No.57074140

>>57070459
He won't though. His cuckmobiles benefit from low silver prices.

>> No.57075313

>>57070459
He would never do that lol

His cuck cars rely on Silver

>> No.57076666
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57076666

>>57070554
>wallstreetsilver
It's probably picrel or one of Musk's other plants.

>> No.57076847

>>57070554
Honestly, buy like 5 ounces of silver a year. Stuff you like as art. I have ten ounces of gold. No more, no less.

>> No.57077325

>>57072846
They use PMs in countries where the government fucked up their currencies. The jew run media doesn’t talk about it for obvious reasons.
Look at Venezuela, Argentina, Lebanon etc. they use what they can and those with coinage get what they need.

>> No.57077903

Stacking silver was fun at first but I got into coin collecting and I'm more into that now. I like to sort and organize things and fill out albums. Cozy and most of the people in the hobby are actually based.

>> No.57078193

Me personally I just stick to gold now,I couldn't live with myself self if i convinced a close family member to invest 1k in silver then when he asks me how's it moving I tell him it moved from $23 to $25,meanwhile his gold has made better gains If you buy when it dips ,call me whatever you want but I know I'm right on this ,gold has more appeal than silver to the average person,besides the fact that my family member would be pissed over how little silver made by comparison

>> No.57078561

>>57072991
Isn't the US military purchasing silver outside of military reserves at spot from like 2.35/ ozt?

>> No.57078600

>>57072867
Imagine believing in space still

>> No.57078870

>>57072256
2 more weeks, Qanon is in control, Trump is still president, biden is a hologram etc.

>> No.57079012
File: 2.07 MB, 4032x1816, Stack summer 2023.jpg [View same] [iqdb] [saucenao] [google]
57079012

>>57073339
Pics or it didn't happen, you know the law.
>>57073390
>None of them ever post proof of any kind except maybe a screenshot of their supposed account value, and none of them are able to repeat their success because they just got lucky in the shitcoin casino.
Meanwhile when the PM derivatives market dries up due to demand based on price discovery fueled by industrial demand, you're looking at at least the equivalent of $2.5 million worth of value in picrel. And my pic is 6 months old.

>> No.57079561

>make money in shitcoins every 4 years
>roll 10-20% profits into gold (not silver)
It's not complicated

>> No.57079595

Who would buy it? Who would go to the local coin shop and throw down $2000 in some kind of financial crisis to walk out with an grubby, tarnished silver coin? That if they turned around and walked back in the store would be worth $1500, if they would even buy it back at all?

Maybe crypto is a scam, but at least it's liquid.

>> No.57079656

>>57078193
This. Silver is not fractional gold. No one cares about muh ratio. Silver looks like every other metal. Banks don't hold it, only gold.

Although a stack of type 1 silver Eagles might be a good investment someday.

>> No.57079674

>>57070507
indeed, silver is so scarce and demand is so high that people will be murdering for it around the 6th or 7th next year

>> No.57080440

>>57079656
>Banks don't hold it
Uhhh JP Morgan owns half of the silver in COMEX...

>> No.57080490

>>57072303
That is the type of shit my 70 yr old uncle would post on Facebook. I have plenty of silver and gold, but holy cope. You niggers should buy some BTC/ETH/LINK before this golden bullrun really ramps up... Fucking tech illiterate boomers.

>> No.57080512
File: 36 KB, 640x260, 1702022379875243.jpg [View same] [iqdb] [saucenao] [google]
57080512

>>57080490
>pump my bags
Pump my cock.

>> No.57080527

>>57080512
Good chance I have more silver/gold than most of you retards. If I had put all the money I spent on APMEX the past few years into LINK instead when I decided to go all in LINK I'd have a few extra million dollars laying around instead of $20 rocks.

>> No.57080544
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57080544

>>57080527
Prove it nigger. If I don't see a stack with a timestamp you're full of shit. Which you are. And I don't want to hear excuses.

>> No.57080558
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57080558

>/pmg/ is leaking again
Can't you faggots stay in your containment thread?

>> No.57080590
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57080590

>>57080558
>the crypto nerd fears the silver Chad
You have dozens of threads and we have 2-3. Stay poor and have fun getting taxed with your traceable ledgers kek.

>> No.57080591

>>57080544
I'm not going to go digging through my safe and make a pretty picture for some anon jeet. I'm telling you I like shiny rocks, but it's not an investment. Just received my 2 golden crusaders from anonymint yesterday. I'd guess I have around 600 oz of silver and 4 oz gold. If you want to make money. Put your pride in the back seat and buy LINK...

I'm going outside now. Merry Christmas.

>> No.57080614

>>57080591
Silver and link chads going to make it next year

>> No.57080625
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57080625

>>57080591
>I'd guess I have around 600 oz of silver and 4 oz gold
That's it? Wow... I have more and I posted ITT >>57079012 . But hey anything presented without evidence can be dismissed without evidence. You don't have a stack, so yeah go be butthurt somewhere else liar.

>> No.57080637

>>57080591
>buy LINK...
>pump my bags
HAHAHAHAHAHAHA. You losers are truly desperate.
>>57080625
Based.

>> No.57081240
File: 49 KB, 619x680, 1699217973740271.jpg [View same] [iqdb] [saucenao] [google]
57081240

>>57080590
Oh no. Taxes on my monumental gains! It's so awful! I better buy shiny rocks instead and hope to God that society collapses so I can be somebody! Good thing that the IRS will have no idea I own shiny rocks after I purchase them with my name address and bank information!

Seriously, stay in your schizo containment thread.

>> No.57081316
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57081316

>>57081240
>containment thread.
Oh yeah but 15 Chainlink threads is OK?
>>57081240
>IRS will have no idea I own shiny rocks after I purchase them with my name address and bank information!
Cash purchased at a local store. You have no level of self awareness. Enjoy being someone else's exit liquidity.

>> No.57081386

>>57072867
This is the most deranged, mentally ill post I’ve ever read

>> No.57081437

>>57081240
Have fun getting rugged by the SEC when all other cryptos outside of Bitcoin and Ripple are declared unregistered securities, dumbass.

>> No.57081471

>>57080440
Yeah, because they got it for free.

>> No.57081481

>>57080591
>4oz of gold
Stop posting poorfag.

>> No.57081520

>>57071564
Same shit they will do with the Bitcoin ETF everyone is so exited about.

>> No.57081533

Who the fuck (other than boomers) buys shiny rocks in 2023 when crypto exists? Fuckibg lmao

My shitcoin just did a x4 in a day
>duude just hold shiny rocks for 50 years for a 2x
Lmao i can't even....
My sides

>> No.57081534

>>57081471
Source?

>> No.57081540
File: 502 KB, 2040x1536, 1702794289623617.jpg [View same] [iqdb] [saucenao] [google]
57081540

>>57081533
Prove it.

>> No.57081586
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57081586

>there's crypto baggies ITT who still ultimately rely on debt based currency to take profits
PM chads will always win.

>> No.57081756
File: 41 KB, 500x500, silver nigger.jpg [View same] [iqdb] [saucenao] [google]
57081756

>>57070554
its definately tough when you see all the internet silver types gradually shill miners and make a business out of it. like this faggot just goes on silver podcasts to spew out the same script over and over

>> No.57081777

>>57070459
elon is a scammer

>> No.57082355

>>57081316
>muh chainlink
Also my mistake -- lemme just go and pay obscene Jewish fees at my local store to pay well over spot. I'll keep that in mind next time the IRS can trace my local Bitcoin or my monero that damn, if only I bought shiny rocks.

>>57081437
TWO
MORE
WEEEEEEKSSSS
In case you missed the ripple case, a token in itself can't be a security. We have that precedent unofficially via ethereum, and now officially from ripple. Also I love the retardation breathing from this post. Good thing the government would never make it illegal to own shiny rocks. That'd be crazy right?

Investing in metals is a valuable aspect of any healthy portfolio. /pmg/ is not investing. It is doomers consooming shiny rocks to get (You)s while circle jerking over a black swan event that will make them rich. Absolutely no DD. No understanding of anything. So yeah, /pmg/ posters are not welcome. Commodity minded individuals are welcome. You're effectively the /pol/ of /biz/. Stay in your God damn containment thread.