the "silver price is suppressed" schizos we're right.
>>61544299Checked
>>61544299Always have been
>>61544350If you format all your posts like that they're paying you too much to shill.
Silver was never suppressed, the demand is just outstripping supply right now. Now the question is when the rug pull occurs.
>>61544299>just hold for 90 years for a 2x
>>61544369Cope. Comex and the LBMA are running a fractional reserve system. They have more contracts trading than they have silver available to deliver. Expanding the supply artificially suppresses the price.
>>61544548You just had to hold for a few months
mfw i doubted the schizos so my silver stack is small
>>61544369the price always should have been painful enough to fund mining and redesigning so there wasn't a deficittoo late now
>>61545235Keep buying, if it consolidates like it did at $50 usd then accelerate purchases. Even if you buy just 1 oz a paycheck. Until war is not on every continent and new mines are springing up left and right that can reverse years of production deficits, until western governments have a budgetary surplus, you are still early. At worst you are saving your money from pic related.
>>61544299duh
>tfw socialist shitcuntree wants 20% tax when I buy silver
Based, crapto buttcorn jeets eternally seething.Threads encouraging the death of crypto deserve their own thread. Bitcoin is dead anon your 1 and 0 psyop fake internet monopoly money is not going anywhere Get over it. Move crapto discussion to the containment general>>61537539Can’t wait for the containment general to mandatory and all cryptofags forced to stay there. Only General will be allowed on PM board, future is bright anon.
>All of the sudden holding precious metals is coolHerd mentality.
Couldn’t happen to a nicer bunch of people
i selded my bitties at 60k in 2021 and botterd platinummies at 800 or so and am very pleased thus far. is it time to buy back into btc? i might just ride my nummies to 5k or 10k its so easy to hold pms, you just forget about them, where aas with crypto i was hovering sell every fucking single day constantly worried
I had a hunch they were, but I've been sidelined hard for health reasons. Sucks to have seen it coming and not been able to do anything about it.
long dong silver m8
>>61544548I bought in 2020 and am already at 4.2x, sold stock and bought even more at 30 earlier in the year and am at 2.2x on that. Only regret is that I didn't liquidate 100% of my stocks and crypto and put it all into physical silver.
>>61544548I overpaid on premiums back in October because I didn't know what I was doing and I'm still up 40% on those silver purchases. I've been investing part of every paycheck into physical silver since October 5th, $2,973.61 spent in total. 53.93oz. My stack is currently worth $4,270.46. I could have invested more but I lost almost $600 on crypto before quitting that retard cult forever. Seethe all you want, but no one wants crypto anymore. Should've gotten out when everyone else did.
>>61544299>>61544369Amazing that retards like theses exist when numerous investment banks have been found guilty and fined by governments for manipulating the prices of silver and other precious metals over the yearshttps://www.dw.com/en/deutsche-bank-hit-with-spoofing-fine-by-us-justice-department/a-42360074https://www.reuters.com/world/asia-pacific/jpmorgan-pay-920-mln-manipulating-precious-metals-treasury-market-2020-09-30/
>>61548086The deutsche bank was basically just a slap on the wrist too for the level of criminality. They had pretty much every major bank dead to rights because they were all in a group chat going "Teehee you better steer clear out of silver at 9:30 because I'm going to be dumping like crazy"
>>61544299>>61544369>>61548086>PMorgan Chase & Co (JPM.N), opens new tab has agreed to pay more than $920 million and admitted to wrongdoing to settle federal U.S. market manipulation probes into its trading of metals futures and Treasury securities, the U.S. authorities said on Tuesday.>Between 2008 and 2016, JPMorgan engaged in a pattern of manipulation in the precious metals futures and U.S. Treasury futures market, the CFTC said. Traders would place orders on one side of the market which they never intended to execute, to create a false impression of buy or sell interest that would raise or depress prices, according to the settlement.>Some of the trades were made on JPMorgan's own account, while on occasions traders manipulated the market to facilitate trades by hedge fund clients, the CFTC said. The bank failed to identify, investigate, and stop the behavior, even after a new surveillance system flagged issues in 2014, the agency said.>US authorities fined Deutsche Bank and two other banks for market manipulation on Monday.>The banks were accused of manipulating futures markets in precious metals through a process known as "spoofing," the US Justice Department and Commodity Futures Trading Commission (CFTC) announced.>Deutsche Bank was fined $30 million (€24 million), while UBS agreed to pay $15 million and HSBC took a $1.6 million hit.Despite this you have absolute RETARDS who think it's a schizo conspiracy that precious metal prices have been manipulated, these people vote in your elections and have an impact on your life that that sink in
>>61544299schizo is Hebrew for "early"
>>61545340Btc to 70k in oct. platinum run ovr.
>>61548016You have so little silver you should unironically put that all into link and get 500 link. 53 ounces of silver at best will last you a couple years which is unironically amazing in a vaccum, but your ceiling is capped. The 500 link gives you plenty of room to run. I think link and silver will allow people to make it. But since you are a poorfag you can’t get both and the 500 link will allow you to go further then the 53 oz of silver.
>>61548016>These are the niggas acting euphoric and calling for the end of crypto. Keeeeeeeeeek. back to your walmart job cletus
>>61548447How many ounces do you have?
The GSR was historically around 10-15 for several thousand years, then it went to 100-150 in the last 100 yearsSilver has been undervalued for a century now
>>61544299I'm already making a plan B with my snowball, I'm fed up man, I can't do shit or hold anything without something suddenly changing in an abrupt way
>>61544369This.>>61548086>>61548100Hehehe. Rattled.
>>61544299It was obvious it was suppressed. Silver is used in too much consumer goods and if silver moons nobody will be able to afford anything. We will revert back to medieval times with no power and electronics and industry equipment
>>61544299I remember one anon (aka retard) arguing that the suppression makes it a bad investment because it makes the price go down
So whats the silver top then? 100$?
>>61550059300$ top, correcting back to 200$
>>61544369>Now the question is when the rug pull occurs.using retarded shit coin trading terminology on precious metals is never not funny to me
>>61550071>put metals on the rug>try to pull the rug>the rug doesn't move because the metals are too heavy
>>61550006the quality of life bubble the USA has is over, there is no reason poor people without jobs can have $1000 cell phones, and a house. People need to get used to 1 local vacation every few years and 1 car per family. USA fiat days are over and the quality of life reset is coming, the rich will have the nice things, and everyone else will be poor. That's the point of being rich, is to have things most others don't. Neo Feudalism is here. So buy silver, they keep finding lots of gold deposits but ZERO super awesome silver deposits.
>>61548016Listen to this guy >>61548364Link is the silver of crypto in terms of rampant suppression. But since it's crypto funny money, there hasn't been a CFTC catching JPMorgan with their pants down type of event yet.It's cheap now, and will probably drop to the $10-$11 range before it moons.Own both, but if you're only getting sub $10,000 into this then Link has far more potential than buying silver at $80 an ounce.
>>61544299well i already believe the prices were manipulated, just look at the hunt brothers cornering the silver market. i wonder what would've happened if they instead just bought out as much of the irl silver instead of paper silver
>>61544299We always were faggot. Now wait until it hits the price it should be in accordance to its actually mining vs gold.
>>61550231kek
>>61550427Kys lmao
>>61544299Wait a few weeks and you’ll see the LINK schizos were also right
>>61553544AHAHHAHAHAHAHAHA
If too many people owned physical silver wouldn't it be impossible for the banks to manipulate the price
>>61553544and GME.They must be printing money again.
>>61553555Clean your house you degen
The next is the Bitcoin price being supresed. When it finally breaks free and turbopumps to $1,000,000 imagine the cope
>>61544299The silver schizos we’re always right
>>61553653>If too many people owned physical silver wouldn't it be impossible for the banks to manipulate the priceYes, which is why it was imperative to keep silver cheap so it didn't look like a "good investment."
>>61544333checked crazy no one checking this but getting gotten by this gr8b8m8 >>61544369
