>pattern recognition
>This time is different
>>61544985Silver chads talking about how Silver is the solution and will solve the economic problems created by the Fed money printer is a story older than the Fed itself.
>>61544985I remember even in 2023 and 2024 you were called a retard for buying that chart
>>61544985>inconvenient truths
>>61544985Now adjust it for inflationCompare it to the price of goldFlip it and reverse it
>>61545056Adjusted for inflation, that first spike in 1980 was $125 in today's money.
>>61545077No, sorry, it got up to $50 in 1980, which would make it $198 in today's money.The only people telling you Silver is a good store of wealth are the people selling you the silver.
>>61545090bottom signal
>>61545077yes, but that spike was due to two brothers trying to corner the entire market at a single go. Which Congress then told them they couldn't do. Even though they could easily afford to do so, as they understood silver was being suppressed even back then. Its hardly fair to point to that spike like it was a natural movement
>>61545028Well, that was all just silly nonsense, from people who get ahead of themselves. Silver was only just starting.However, buying that chart now *IS* fucking retarded.
>>61545028imagine this, jews created a bot to make 50 posts in any thread that mentions silver, but i think it made silver even more popular, they are this stupid
>>61544985If you don't sell now you're literally retarded and shouldn't be trusted with money
>>61545101>That spike was because of a bunch of far right thought leaders believed Silver was a good hedge against inflation>This spike is different.Okay.I'm not saying you can't make money. I'm just saying
>>61544985>buy the top of silver in 1980>die before you ever see a profitBrutal
>>61545131>believed Silver was a good hedge against inflationNo, you are not getting it. They LITERALLY attempted to purchase 100% of the market. At once.
>>61545104Jews are the ones trying to sell the silver, AND they're masters of reverse psychology.
>>61545147Who's "They"?https://web.archive.org/web/20100718092446/http://www.time.com/time/magazine/article/0,9171,921964-2,00.htmlIt's the same old shit. Paul Revere was a silversmith. He made silverware. Silver was literally so common and unremarkable as a currency or store of wealth 250 years ago that we ATE OFF OF IT.
Crypto nerds are ABSOLUTELY SEETHING over the fact they can't anally masturbate with their crypto, while we /pmg/ stackers CAN -- Right now I've got a 1KG silver bar up my ass and it feels AMAZING and I know the COMEX can't take the bar from me! Meanwhile Satoshi can log in to Bitcoin at any moment and steal your coins. Knowing all this I'm anally masturbating with my silver right now and my cat is watching! I'M ABOUT TO COOOOOM!!!! AND COOOMEX CAN'T STOP ME!!
>>61544985it's going up for very different reasons this time around
>>61545153>masters of reverse psychologyoutsmarted by internet shizos, pathetic
1980 and 2011 crashes were engineered by the banks. If they did the same today China and India would slurp everything at a discount and the tight supply would get even tighter. Lower prices makes the crisis that's playing out now worse.
>>61545179>Who's "They"?The Hunt brothershttps://www.linkedin.com/pulse/billionaire-brothers-who-broke-silver-market-kotaksecurities-zliof>Paul Revere was a silversmith. He made silverware.And?>Silver was literally so common and unremarkable as a currency or store of wealth 250 years agoit has been used as coinage for thousands of years retard.>we ATE OFF OF IT.lol, couldnt have anything to do with it be a natural antimicrobial could it?
> past rubs were 5x and 10x > we are only at a 2x this runSeems like we have room to go
>>61545179>we ATE OFF OF ITYour peasant family ate off dried leaves
>Based chinamen stand for delivery >retail gamma squeeze on Jews>goyim saved from their oppressors Wtf I love China now
>>61545101>>61545131You're both totally wrong and totally right. The crypto dipshit is right that the Hunt brother's spike contained some of the the same underlying causes. But the other guy is correct that they were stopped by the government and not at all by market forces. Also the government had to hike up interest rates to crazy levels to put a stop to it.So what is different, if anything? Real industrial demand with a lot of technology using it and the SHFE existing are the major difference. Since Shanghai settles physically for real instead of faking it like London and COMEX, they've become the arbiter of price now. There's also a big difference between two guys cornering the market and the nations with the largest industries and most people cornering the market.
>>61544988It is different:1. Global shortage2. Shanghai premium3, Chinese export ban4. India monetization.Cope and seethe
>nooo stop buying silver, it's inflated!>buy something reasonable like BTC, nvidia or a trash can in new york instead!kkkkkkkkkkkkkkkkkk
>>61545301This, raising cme leverage requirements isn't going to make more silver, American retail is selling out of necessity and it doesn't matter because the rest of the world continues to buy. It'll have down days to be sure, maybe even weeks and months but long term it's going to keep going up until every mine gets funding and they are given 5-7 years to get production running.
>>61545090He never boughted
>>61544985What kind of chart is this
>>61544985According to the pattern it should've gone back to $4 for twenty years and then to fifty and then back down. Now there is no pattern anymore.
>>61545110If you didn't buy sub 20 you are retarded and have no buisness giving financial advice to anyone
>>61545179People ate off silver because of its anti-microbial properties not because it was "common." They didn't understand that exactly they just noticed that people got sick less eating off silver than anything else. Also the general well to do ate off it, peasants like you still ate off wood cutlery.
>>61545103if retards like you think it's retarded, then it's good
>>61545179lol you are so dumbsilverware was for the super wealthy elite only back then
guys guys guys >>61545678
>>61545301>global shortageFor now Not banking my financial future on rocks dug up from the ground.
>>61545534thanks i bought buttmad there are no optionsgimme another and pump DRCT while ur at it
>>61545717it'll take em 10 years to even begin to put a dent in the supply shortage problem
>>61545717"for now"bro do you realize silver is largely only mined because it is a byproduct of other minerals they are targeting? they don't specifically look for it. there are very few dedicated silver mines and if they do start targeting silver, it will take 5-10 years to get the mines producing.the only way more silver will come into the ecosystem is if people start selling it, which they won't.
>>61545578Unless of course you bought something better.
>>61545785>the only way more silver will come into the ecosystem is if people start selling it, which they won't.Even if they did, people selling off their 20oz stacks wouldn’t do anything anyways
>>61544985>>61544988My pattern recognition says it's a massive cup and handle and it's going to continue going up tremendously.
>>61545188Checkd and kekd
>>61545788Proofs?
>>61544985this post is incredibly retarded because by definition 2 times is NOT a pattern.
>>61544985wasn't the first spike "corrected" by literally banning long trades on silver?and the second time it spiked it only went down because of QE
>>61546385Economists hate PM's because you can't just print it, you actually have to mine it.
>>61545301>Global shortagehow do you determine there is a shortage? you just trust what some jew is telling you?
>>61546385>went down because of QEhow would easing monetary conditions make an asset crash in value?
>>61546518back then if the economy was doing good because of QE, people would sell the "safe asset" i.e. silver and buy stockswouldn't be the same today tho
>>61544985$150 seems to be the top and it will spike down hard
>>61546511https://silverinstitute.org/silver-supply-demand/?utm_source=chatgpt.comTL/DR demand has outstripped supply since 2021
>>61544985what goes up must go up even faster and further
>>61546555checked
>>61546549to like $120 maybe kek
>>61544985Zoom out.On the scale of human history, preferably
>tfw +10% real wealth in a day.
>>61544985>breakout after two failed attempts
I DON'T BELIEVE IT!
>>61545301>le chinaI've heard this one before.
>>61547916no one cares what you have or have not heard before
>>61548087Ummm you cared enough to reply, sweetie
>>61548087>>61548278
>>61545103You think buying the biggest cup and handle chart ever seen in history is retarded? This is your brain on crypto frens. Not even once.
>>61544985
>>61545188topfuckingkek checked
