How come silver causes this much seethe around here?
Because they are baggies who have zero investment experience beyond buying some shitcoins
>>61562547It's a real, physical asset that's required for all modern electronics to run.Versus crypto, a fiat currency derivative that is purely intangible and the modern world can run without it existing.
>>61562547the board boughted the top 3 days ago :(
>>61562572This months top is next months bottom when it comes to physical assets currently in a supply crisis.
>>61562572I recall that people were saying the same thing when it dropped from $54 to the low $40s.
It legitimately has had some of the lowest returns of any investment over the past 15 years than any other asset. The bull case is the assumption that companies will have no choice but to pay extortionate prices for their favourite metal instead of simply ceasing production, going out of business or finding alternative materials. Nothing silver does or can be made into, is so essential that it can't be substituted with a technically inferior but cheaper product. And the more expensive silver gets, the stronger the imperative to find alternatives become. It's just delusional.
>>61562556I purchase mine years ago and it's only gone up since on a consistent basis.
>>61562583>It legitimately has had some of the lowest returns of any investment over the past 15 years than any other asset.What if you hold other things in tandem with PMs? Or are you incapable of doing that?
>>61562588Why? It's not a hedge is it? It's an opportunity cost. You're simply losing money vs other investments.
>>61562596What other investments are you referring to?
>>61562560that's always been the case at least for the past decade or so yet fiat still won. there's no explanation for silver being so valuable now nothing had changed just a bunch of retards getting scammed
>>61562625>there's no explanation for silver being so valuable nowWell, we can't have the internet and crypto mining and AI without it... dumbass.
>>61562622Virtually anything. Even an S&P500 index fund beats silver handily over any extended period of time.
>>61562625When you factor in inflation silver is barely any more valuable. Purchasing power and wages just haven't kept up.
>>61562646You mean the same thing we have for the past decade?>it matters more now!it doesn't.
>>61562547As a stacker, having to be around other stackers can be exhausting. I understand how non stackers feel, so I usually just stay quiet about stacking. Its quite embarrassing being associated with basically lonely, ugly, men, who dream of buying sex with some dirty old coins. Or end of the world retards who think they are some silver king and once tje happening is complete, they will finally get their revenge(mostly on women). Anyway, im glad my boomer rocks are doing great. I hope your investments are also making you happy.
>>61562547Board is full of vampires
>>61562678>the same thing we have for the past decade?We didn't have the massive expansion in crypro and AI data centers in 2015 that we did 2022-2025.Sorry that you're stupid, but reality doesn't care about whatever la-la land you live in.
>>61562547Because you flood the board with posts about it.
>>61562560>It's NECESSARY FOR INDUSTRY!They said that in 1980 too.
>>61562726Right, but also it's being consumed at a faster rate than we can mine it for the past 6 years. We didn't have that problem in 1980.
>>61562716tech has been expanding at astronomical rates since the 90's all requiring precipitous amounts of silver to make the hardware. literally nothing has changed.
Buy more silver.
>>61562699>being around other stackers is exhaustingIKTFF anonMany of my interests and hobbies are populated with >people that I have absolutely zero interest associating with, and it makes me wildly self conscious telling anybody else about them and my direct interest>vidya>crypto (-currency; no smart contract bullshit, thx)>guns>occult>3d printingAlmost all entirely insufferable crowds. Its all so tiring
>>61562726Has technology changed in any way since 1980?
>>61562746>since the 90's>literally nothing has changedOh I didn't realize we all had access to smart phones, social media, AI, streaming, industrialized crypto mining, electric vehicles or mass adoption of solar panels in the 1990s...You lack self awareness.
>>61562547Not seething, but silver takes up too much space.
>>61562759Not really. Did you know that demand for Silver for photographic processes was greater than the demand for silver in "techonology"?Did you know that they just burned the silver emulsion when they destroyed film and that garbage dumps are full of silver?Personal Computers existed then and used MORE silver than they do today. One of the reasons computers have gotten better is because they've refined them to the point that you don't need as much gold or silver to do the same work, in fact they've refined things so much that you need less gold and silver than they did then. Your entire smart phone weighs less than the amount of silver and gold and precious metals that went into a 1980 personal business machine, and most of the weight of your smart phone is glass and plastic.>>61562780>You lack self awarenessAnd you lack a complete awareness of how ANY of those things you named work.
>>61562736So? Do you really think there is the potential in these silver applications to generate the revenue commensurate with your target silver price of infinity? Are these applications so important that companies and consumers will bear any cost to achieve them ? Otherwise, these industrial demands simply stop expanding - or even contract - until price stability returns. Perhaps, the growth in silver demand was simply because it was cheap. But that's impossible right?
>>61562811That's great.If you're so "rich" why does your table look like cheap veneered chinese particle board shit?
>>61562827He's not rich. That's a baby stack.
>>61562793Between film and computers (maybe they recycled silver from computers), sounds like a lot of silver was lost. Your claim that electronics use less silver these days makes sense to me, but when there's less silver in electronics, there's even less incentive to recycle. Overall we're losing silver all the time and from what I understand about mining, our output isn't very high. I can't help but think this will drive the price up
>>61562572Nah I got the vast majority of this around 2020-2021. It ain’t much but it’s about $8k in rocks.
>>61562882This right here is how you know Silver is SERIOUS BUSINESS!
>>61562827Thats just some of my 10 ounce bars, most of my stack is 1 oz sizes
>>61562547Jews
>>61562894You jest but there is no group more dedicated to autistic detail than the humble weaboos.
>>61562899It's always funny when a no-stack goes >tHaTs ALL yOuR sIlVeR?When even a 10oz bar is worth more than their jeet life
>>61562547If you have lots of gay sex it'll tarnish because of the sulphuric fumes inside of assholes.
>>61562736Yes, they actually did have that problem in 1980. https://web.archive.org/web/20100718092446/http://www.time.com/time/magazine/article/0,9171,921964-2,00.html>Nation: He Has a Passion for SilverMonday, Apr. 07, 1980>world demand for silver, spurred largely by its use in photographic materials, regularly exceeds new production from mines
>>61562899>>61562935Didn't answer my question about the shitty cheap-ass table. It's always poors who collect silver thinking it's their ticket to the big time. Has been for hundreds of years. The Wizard of Oz was about how the silver standard would save us from the economic downturn of 1894. Nowadays they use the Fed as an excuse, but it's just more tulip mania with a dash of this time it's different.Did you know that actually rich people hand their furniture down to their kids for generations because they take the time to buy good well made furniture and it's not cheap chinese shit?
>>61562583How many grams of silver does an iPhone have? 1 gram? 2? At current prices that’s less than $5 per unit. Even if the price of silver went to $1000 per ounce we’re still only talking about a small fraction of the cost of manufacturing.
>>61562935I own silver.In fact, I bought $1000 of silver and $1000 of Bitcoin around the same time. They've both done 4x. My $1000 of TSLA has done 20x in that same time.>>61563031Small fractions are how businesses make money using economies of scale. And that small fraction doesn't include the costs of shipping, especially cross-border shipping, taxes, import duties, export duties etc. It adds up quick.
>>61563043The customer won’t notice the extra $1 charged to cover those fees.
>>61562547
>>61562547zoomers don't know how to buy physical
>>61562827Because he spends all his money on silber
>>61563019>my Tesla shares will save me.People have always thought this way, from the 70’s credit crunch, through to the 1980’s inflationary crisis, the tech bubble, the GFC.The entire US stock market is riding down hard on 7 companies, that any disruption and the entire house of cards falls. You think a weak global bond market is an issue, your shares will be worthless in a global debt crisis.It’s so diabolically stocked that a single year rally in gold made it beat all 7 top performers in the share market. Think about that for a second. Think how utterly absurd that is from an investment point.And you come in here spouting all types of FUD, thinking your Tesla shares are a shield?I can’t wait until the BRICS nations force anons like you to eat humble pie.
>>61563104Saved.I bet most people here have never held physical money in their hand before. Only debt notes and IOU's
ive wondered that same thing. too dumb to understand its not just for gains but also insurance is my best room tempie "logic" guess
>>61563989>a single year rally in gold made it beat all 7 top performers in the share market.Everything else aside, I cannot fathom why normies don't go apeshit over this. I can understand that you would close your eyes on whatever silver is doing, but golds performance must show that there is something fundamentally fucked.
>>61562653>Even an S&P500 index fund beats silver handily over any extended period of time.No it doesn't? Silver beats the S&P on the 5 year, 10 year, 15 year, 20 year, 25 year, 30 year, and it's not even close.Do you just write shit for the sake of it? "Beats silver handily" lmao, source: you made it up
>>61562915>No Holongmi
>>61562547Tfw bought silver over 200oz of at $21 during covid.
>>61565674There's something about PM that suddenly makes normies ask extremely good questions about how you actually know something is valuable, and not just something people speculate on. Healthy skepticism is a good thing but why then only apply it to PM I'll never know
>>61566903I’m going to fucking kill myself I slept in past the bid end
>>61566462he's an NPC who heard the TV say stocks always beat everything else
>>61562572we bought the bottom in 2021, jeetard
>>61565674stockfags love to cope with "yeah but dividends and compounding gains tho"
>>61566462It's funny to watch these complicated constructions get beaten by a pet rock
Added some more Windmills of Peace and Tolerance to my collection last night.
>>61562560>required for all modern electronics to run.The only reason the electronics industry uses silver solder is because the EUcucks banned the use of lead solder. Lead solder is actually better because it doesn't spontaneously grow "whiskers" that can short out electronics.
>>61568437oh ok. so we're gonna start using lead again cuz silver went 2x? kek
>>61568439Probably not, the EU won't back down no matter how completely fucked their economies get. Just look at the contortions they go through to justify shutting down nuclear and coal, and moving to all "renewables". Never mind that they've had catastrophic grid-wide failures due to that.https://en.wikipedia.org/wiki/2025_Iberian_Peninsula_blackout
>>61562547Because all who stack more then 10 ounces silver are swarmed by fertile women and generous business offers from far and wide.
>>61568446you sure seem to love leadis it because you were exposed to it as a child?
>>61568170wise, got my small stack of 28kg 12 years ago.
>>61562915Based and true
>>61562547Because /pmg/ have existed for years, but most people ignored it.
>>61564009"insurance" makes it sound gayit's moneynothing safer than money
People are upset because they missed out, that’s pretty much it. I don’t have any precious metals in my portfolio, and I don’t plan to add any, but the recent price rises do make me a little envious.
>>61562547Because people want to discuss something other than flooding the board with the next get rich quick scheme which doesn’t even compare to a shitcoin doing a 5x overnight. Like these stupid niggers get euphoria when they see the line go up ever so slightly.
>>61562547Jealousy
>>61568824silver outperformed everything this yearseethe
>>61568384Holy fuck, first time I'm actually jelly over a coin. That's amazing anon.
>>61562556actually true, i got rich on shitcoins then put half my profits into silver. i know nothing
>>61568384where is there a reputable seller of these online?
>>61562580And they where right
>>61569189I do Ebay. They have a money back guarantee. Then I take the coin to local pawn shop that has an XRF and metal analyzer and they hit it for me. If nots real I would let Ebay know. So far after about 90+ coins I have never had a fake one, and there are fakes out there>just type in 2 Reichsmark in Aliexpress or Temu, they are literally $2 eachWorst case scenario be sure to do checkout with a credit card, you can always dispute with them. Here is my favorite seller on EbayThe Canup Trading Companyalmost 18k positive reviews
>>61569189JM bullion is the largest and that's where i started but its so easy to find good ones on google
>>61562547It just strikes me as kind of insane.
My entire silver stack, am I gonna make it bros?
>>61562547silver ends the fed
>>61562547Look at the price of Buttcoin and there’s your answer.
>>61562547because we're sick of midwits bragging about a 2x
>>61568305err what? that's straight cash homie, not a cope.
>>61570176silver woncope
>>61562577this^^^bumphttps://x.com/AGAsianGuy/status/2006102186506252679?s=20
>>61569330Is that a pube?
>>61570199Fuck, meant this post: >>61569679
I'm not seething I just bought my first mini stack and almost cleaned out a local prominent dealer.I also have a shrimp stack of BTC.Phase 3 will be investing in stocks monthly, and metals and BTC.The only good financial advice anyone can give honestly is to diversify as best as you can and hope lines go up.Anyone telling you anything else either got lucky - or they got lucky - period.
Silver is what BTC wishes it could be.
>>61570225Per Druckenmiller: wealth is created by concentration, not diversification. Find a small handful of things and research the absolute shit out of them, and if you really believe you've found an edge, invest confidently and double down when you get price confirmation. In ordinary times it might be fine to invest in a spread of bonds, ETFs, stocks and so on. These are not ordinary times. Read everything you can about the history of money and financial speculation as a preliminary step. Luck favors those who prepare.
>>61570299>small handful of thingsThat's like half the definition of diversification right there, there's no way around it. The proportions of diversification are probably most apt to discuss, to which I consider that the lucky part.As a poor you have a 1 in 10 billion chance that you'll be able to get lucky enough to make it and use someone else's money to get wealthy - that's lucky^2Other than that, dumping everything you got into hunches has you losing in bunches while the 0.0000001% gets lucky and has things pan out.If you do nothing at all that's the only sure way to lose, there is no sure way to win, it's all just a rich people meme they tell themselves to think they're worth the extreme wealth they have which is 99.999999% luck in life at birth.Or you can sell out to the jew, there's that I guess, no luck need there, just one soulSo yes, if I make it in BTC I'd call that lucky, with preparation.The history of money is one has it the other doesn't - the one that wants it suffers for a small portion of the others money just enough to not die. I'd say that makes luck inherently present in most cases.
>>61562547because it taunts me, look how shiny it is? I HATE IT
>>61570021>2x isn't muchPump and dump schemes rotted your brain so fair enough, you're not a midwit but a complete retard.
>>61571337this kekany investment that isn't 100x is garbage, don't you know
>>61562583There is legitimately no substitute for silver. High speed missiles and jets get really hot and silver has the best heat dissipation, which is why it is "required."
>>61562560>a fiat currency derivativeGet a load of this 'tard over here
>>61570514Thanks for your response. I wish you the best of """luck""" in your efforts to escape serfdom.
>>61562944Is this true?
