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08/21/20New boards added: /vrpg/, /vmg/, /vst/ and /vm/
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>You mother fuckers told me this was “going to $200 by summer!”
>I buy in at $80 on Christmas.
>Elon doom posts about silver needed in tech
>crashes $20 with a small recovery comply wiped out
Thank /biz/
I went all in at 25x leverage too.
>>
Maybe you should try having a time horizon of more than a week?
>>
Summer 2045
>>
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>>61572078
That 40 dollar mark needs to be retested
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>>61572078
Paper niggers get btfo
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>>61572078
its crashing way slower then I thought it would
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>>61572091
show us on the chart where silver goes parabolic and stays there. you can use any date
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>>61572078
Did the US dollar suddenly get fixed?
Did more of a supply get introduced?
Did all the industrial demand shrink?
>>
>>61572264
Yearly industrial demand for silver, even accounting for the AI boom, is 8.1% of the total production ready stock. Current yearly production is around 130% of that.

I don't see it my dude, the numbers don't tell the same tales as the schizo ramblers from /pol/
>>
>>61572078
>I went all in at 25x leverage too.
Prove it
>>
>go to le mint
>welcome to the mint we will sell you an ounce of silver! for 84.99/oz
>mfw
>>
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>>61572307
>>
>>61572307
>reddit spacing bot tells people not to buy silver
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>>61572235
Chinese women are buying. Trust the plan
>>
>>61572078
> Elon doom posts about silver needed in tech
Wouldn't that mean the demand goes up and makes silver more expensive?

This is just weak hands cashing out for new year celebrations or something
>>
>>61572078
Maybe he is just fudding it so he can get some bags.
>>
>>61572078

Do you ever ask yourself. Why all this price action is happening on New Year’s Eve while everyone is away?
>>
>ITT a 1pbtid shills boring FUD for 15 cent (you)s
>>
Elon doesn't give a fuck he will buy mines and control the supply chain himself
>>
>>61572338
COPE
>>
I told you that the tribe, the (((guys))) who own banks would do this shit you
It wasn't that bad i guess
>>
It was a classic low volatility pump. Probably instigated by rich saudis or jews. Silver will piss around $60-70 for the rest of the year.
>>
>>61572078
that "crash" is how much usd went down already by in the last year though
>>
>>61572078
elon isn't a big enough fish to crash silver
silver is global, elon is barely even local
half the US would buy silver just to prove him wrong

anyways, good job leveraging the top.
>>
>>61574969
Yeah, the USD had a historically bad year, but silver going down 6% in one day is insane volatility for that particular asset class regardless how badly the USD has done. It's massively overbought at these prices.
>>
>>61574984
>hard asset versus fiat value
No, you're just stupid
>>
>>61572078
ITT retards who buy when the house says enough.
>>
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Lmao. Somehow I still have all the silver I bought at $17.
Maybe you should have bought bullion instead of paper, nigger.
>>
>>61572078
It was the raising of CME margin requirements, not elon. This caused many positions to be forcefully liquidated.
Fuck, you guys are retarded.
>>
>>61572078

You didn’t buy
Leverage is retarded in the silver market
You will fomo in eventually selling your devastated crypto bag
>>
>>61575171
What exactly is the point in owning physical silver? I understand people who have bought silver at the stock market and are selling it for a profit now or later if they think silver still has room to run. But you are literally just going to hold through the pump all the way to the inevitable correction and price normalization process, so why does it even matter to you if it goes up or down? You'll never sell it for a profit anyway. What is the best case outcome for you here that you are hoping for?
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>>61575236
This post doesn't deserve a serious response
>>
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>>61575236
No counterparty risk. If you don't hold it, you don't own it. There is going to be a global currency reset soon (within the next 4 years). Bonds will be worthless. Current currencies will devalue quickly and the debts can be paid off for pennies on the dollar. Every country is in debt and the debt keeps growing. There is also probably going to be a global war soon. Real physical things that you can't lose access to are going to become much more valuable than they are today. Selling silver at 80 dollars today is like selling BTC for 100 bucks ten years ago, but even more so because BTC is 1s and 0s on a screen with no intrinsic value while silver is the most valuable commodity in an increasingly electrified and technological world.
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>>61575248
yeah, because you know you don't have an actual answer to it.
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>>61575258
So you physical silver people are literally just doomsday preppers, you don't have any actual plan to profit from this financially in any realistic scenario, got it.
>>
>61575268
>asks for an explanation on why holding silver matters
>gets an explanation
>states that no explanation was give
This anon was right after all:
>>61575248
>This post doesn't deserve a serious response
>>
>>61575279
I didn't state no explanation was given, I made fun of the explanation because I personally think it is incredibly stupid. To expect a global currency reset and total economic collapse for your investment strategy to pay off does not sound reasonable to me.
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>>61575260
The post you responded to already contained the answer. He bought silver for $17.
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>>61575268
Nah it's not even a doomsday scenario. It's just a realistic analysis of what is coming. A global currency reset is what the governments around the world have been talking about since 2020. What do you think The Great Reset is resetting?? It's not going to be a total economic collapse. It is a planned reset. Also if you can't see that a global war is coming, you're a retard. There are already regional conflicts across the world that have been ongoing and escalating.
>>
Imagine seething about silver while the market is closed.
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>>61572253
This isn't parabolic. The last time it went parabolic was a 50x from $1 to $50 till they went after the Hunt Brothers. I guess we have another 48x to go
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>>61575303
These paper chasers will never understand. The world around them is being ripped apart and the retards see it happening too but I guess as long as the tiktok challenges keep them distracted, who cares, right?
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>>61575293
well people who bought physical silver beat the market in any case, so suck my ass, bitch
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>>61575742
>Paper chasers
Taleb's turkeys
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>>61572091
bro, you guys were having a board-wide party because of 1 year gains
there is no time horizon anymore, any dump is "the end of times" now
>>
>>61575293
We just think it’s pretty and it seems to make jews kvetch.
That is some excellent entertainment value right there



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