>muh store of value>rugs -10% in a day
>>61561613In just one day I literally lost all of my gains from one day.
1000g of silver is still 1000g of silver. Its the fiat money that went down the drain and then bounced up. Some may even call it a... dead cat bounce.
Physical went up 1.7%, I don't know where you are getting this -10%. Must be some Jewish area where they allow you to call pieces of paper silver.
>>61561613still 170% up within the last year or something stupid like that, so whoever bet on it (and did so with more than just a few hundred bucks) made a good bet.at this point I'd probably try to liquidate it again though. silver has industrial uses, which, contrary to what silver shills want to tell you, means it will never go to absurd heights.if the price rises so much that the industry no longer has sufficient amounts to keep producing, the governments will start seizing it and you better fucking hope you never left a paper trail anywhere.
>>61561613It literally went up 10% the previous trading day.Basically you don't want to use leverage in this market. You will get shaken off the ride
>>61561661>don't use leverageIt pumped to 82 on after hours. If you didn't short it with leverage You're retarded>t.shorted at 10x from 80 to 74
>>61561613crypto can run -10% in an hour tho
>>61561667And you have proof of this?
>le Shitcoins bad because they dump 10% in a d-ACKKKKK
>people buy a shiny metal>suddenly more kvetching than a tel-aviv dmv
>>61561956Shitcoins dump 99% in a day
>>61561641>>rugs -10% in a daywas good, relieve!
>>61561659> at this point I'd probably try to liquidate it again though. silver has industrial uses, which, contrary to what silver shills want to tell you, means it will never go to absurd heights.if the price rises so much that the industry no longer has sufficient amounts to keep producing, I’m getting real tired of this low IQ fud
>>61562038you're retarded if you think they'll let you cause damage to the industry because you decided you and others need to stack 50kg worth of silver in your basement.they have seized gold and silver before, and they will do it again if necessary.its industrial use is the reason why it will never be allowed to moon like a shitcoin, no matter how much you try to scalp the market.
>>61561613it's more like -19% when you factor in the 10% premium that was paid on physical silver.
>>61561958>people buy a shiny metal>suddenly more kvetching than a tel-aviv dmvIt do be like that.
>>61562083>premiumThis is your brain on fiat currency
>>61562090>nah man i know a based and trad pmg dealer he actually pays me money to take his silver its just the way we doing this in trad small rural towns
>>61561644Bro nobody will use silver for money again. And there’s something called mining too>b-but muh undersuppl-Shut the fuck up, it. Literally doesn’t matter
Should I boil all my old CDs so I can get the silver out of them? Or will the price keep going down??
>>61561958many will see, few will notice
>>61561613>goes up by 15% in a week>gets stuck at -10% and doesn't go further downs >goes up by 15% in a week>repeat until every fiat timmy is dead
>>61561652My physical silver is worth 10000 burger shekels the ounce>why?Because that's and above is the only point when i would sell
>>61561613You know silver used to be pegged in price to gold at a ratio of 15:1. After we left the gold standard it fell off to 100:1. This “surge” brought it to around 70:1. Act accordingly
>>61562158At a few thousand $ an ounce it may be worth that...
>>61562294This
>>61562103You have no critical thinking skills
4channers falling for eastern world propaganda again award
>>61561613Gold is a store of valueSilver is too volatile
>buys more
>>61561613nothing can store value
>>6156161360:1 on the GSR you dolt
>>61562120Seething kike
>>61564159Platinum about half that.
>>61561613Liquidating late longs before next leg up. Standard procedure
>>615616441 BTC = 1 BTC1 ZEC = 1 ZEC
>>61561652Why are silver fags so stubborn?
>>61562090>pssst hey goy, I've got a deal for you! >want to buy $70 worth of silver for the cheap price of $90? Oy vey youre basically robbing me!
oh did silver go from 80 to 70?thats funnyanyway I bought mine 10 years ago at $17 / oz
>>61562059Just like they seized nickel and rhodium?
>>61564417You know you have to pay for logistics, the work done on the coin/bar, refining, etc. right? In return you also get to sell if for more than what it would be worth if you just smelted silver in your backyard.
>>61564402Shanghai is the arbiter of physical silver not London paper, stupid cryptofag.
>>61561613>looks for a store of value>cares about single day performance
>>61563375noyou can't store value
>>61561613>-10% in a day>+10% in a dayYou should delete this thread
silver won
silver lost
>>61567752Silver won again.
>>61567755Silver lost again.
what's that? don't call it a comeback! silver won again
>>61567759you can play make believe all you want
>>61561953you'd think making so much money like this would have peope bragging with very easy to get proof but here we are
>sir they're doubling down
>>61567829>sir, the second top just topped>the currency is under attack
>>61561613Oh no!It’s back to where it was Friday
