Just hit ~100ozt of silver and the price keeps hitting new highs, I literally have no money left for the time being holy fuck. I'm feeling a giant moonshot coming within the next year or is it just me??????
>>61538225>only have like 270 ozsilver's gonna get to 100 before i can put another big order in baka
Guys you know that silver isn't like btc or stocks and running out of fiat bux to survive would be bad right? You can't just sell silver on the fly because it's a physical object.
>>61539560>You can't just sell silver on the fly because it's a physical object.That’s funny because that’s exactly what stackers have been doing for decades. In an emergency, they would sell off some of their silver to pay off whatever they needed. Who wouldn’t want to be their own bank?
>>61538217You need 1600 ooze
> enoughlol poor person mindset
Dumb question. You will never feel like you have enough. It's human nature.
>>61539560>Walk into coin or pawn shop>Sell coin>Walk out with cashvs>Sell Bitcoin>Wait 3 days for wire from exchange to bank to clear>Walk into bank >Withdraw>Walk out with cash
>>61540286>Walk into coin or pawn shop>Sell coin>Walk out with cashvs>Sell Bitcoin>Try to withdraw>Forced additional kyc with AI and Indian customer service for 14 months >Give up because you haven't been a zombie shill faggot on Twitter for 5 years curating a crypto following
>>61538217Ah /biz/ my beloved top and bottom indicator. Added you post to my collection. Enjoy this one from memecoin super cycle top
>>61540381Lol ESL brownoid>memecoin super cycle topWe're not buying your bags ramjeet
>>61540381i hope we top here i need to accumulate asap
>>61540391
It’s amazing. The schizos have been talking about exactly what we’re seeing in financial markets for the last decade+ and all these normal faggots still haven’t a clue.
>>61538217Top signal. Selling some bars soon.
>>61538217>100 oz Kek. These are the niggers spamming about silver and shitting on crypto. Bro has $7k and hes acting like an investment genius. Reminder that 90% of these silver chuds are poor incels with baby stacks
is there any reason whatsoever why would one invest in silver instead of gold?
>>61545089My portfolio has a roughly equal balance of physical silver and "paper silver". So more like 14k (a low end estimate allocated for precious metals). The PM section of my portfolio is ~10% of my net worth. Go fuck yourself
>>61545109In a cyclical fashion silver typically outperforms gold in a PMs bull. Gold runs first, then gold miners and then silver. Silver appreciation relative to inflation has been lagging for some time. Even at ATHs silver remains more accessible to the average poor than gold, 1/10 of an oz for around $500 while $80 for an oz. No one is really priced out of silver, when this is said it's really telegraphing that the individual doesn't believe that silver is worth more than $50,$60, $70 and now $80 dollars. But most of us can scrape together that much money if we really tried. I recently bought some hellaciously high premium rounds for $70 total thinking yeah it would take a while to break even on these but I'm up 2-3x on most of everything else. Lo and behold everyone buying the rip should have made some money or broke even and protected their money. It's also easier to make small purchases with silver should barter ever occur, again think $450 worth of goods versus $80 or any smaller denomination in fractional junk, being possibly smaller still if buying Canadian and American. We aren't in that market yet but one day merc dime owners are going to be literal money bags, which is hard to do with gold unless you are buying cars and houses instead of food and meds.
>>61545089Reasonable because the average retard holds 0 TOZ of any precious metals despite it being the defacto coinage for 100+ years. None of us know the true value of silver or gold for that matter only historical gsr ratios and yoy deficits. May 100 oz doesn't make one rich but it's a good start given the average savings of plebs is zero dollars less debt they will never pay. It's no less significant today than 8k in equities or a checking account and everyone with significant holdings today had a similar amount if not lesser at some point. So we consider it in poor taste to shit on someone trying to better themselves and still on the path to do so, for he is my brother.
>>61545089almost no one holds any silver or goldthat $7k will be worth 10x in 5 years probably, much better than the same amount in the markets
>>61545109During economic collapse, easier to buy food using silver than gold
>>61545134>>61545214>>61545232thank you frens and yes i have much more liquidity, just allocated to other shit, i just say i have no money left because i already have priorities i'd like to finish first before allocating moar to silver
>>61538217Having 45 to 112 kg of silver was considered upper class in the roman empire.
>>61538217100 toz is a good place to start as a speculator. Once you get some good gains in it flip it into something else and keep going