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/biz/ - Business & Finance


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WTF is going on? Were the silver schizos right this whole time?
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>>61638923
>Were the silver schizos right this whole time?
Yes.
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>>61638923
Yes of course
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>>61638923
Yes, it's just that cryptards were too busy rugging each other to realize it
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>>61638923
bitcoin has become "boring"

zoomers unironically prefer stonk options (or memecoins)
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>>61638923
>Were the silver schizos right this whole time?

No, their thesis was completely off. China is buying silver because the housing ponzi scheme collapsed so they're moving onto the next one.
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>>61639089
They’re also exposing and tearing down the Jew USA fiat model at the same time which is based beyond belief.
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>>61638923
>>61639116
>Silver shills exposed as CCP shills
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>>61638923
Did you ever question these digits?
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>>61638923
>WTF is going on?
You know all that printed money you sent to China over the past few decades in exchange for all that imported product? Well, China has been holding onto that money, but now they have decided to buy precious metals with it.
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>>61638923
Skitzos have been right about everything since 2020.
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>>61638923
Check that spread. That's the biggest it's been so far. The Western price is trying to chase the Shanghai price up, but the Shanghai price is going up faster than the Western price, so the gap widens. After the Supreme Court decision on Trump's tariffs comes in, probably today at 10 am Eastern time (in 2 hours), that will be the time to buy whatever you can afford.

Shanghai: $101.54
West: $90.30

Spread: $11.24

https://goldsilver.ai/metal-prices/shanghai-silver-price
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>>61638923
>plenty of people told me "do your own research" when it came to stocks or crypto
>not doing the research into metals that would've shown you something may be amiss
That's /biz/ 101 - at least before you dismiss something as impossible
It's another story if you just thought you'd pass on metals and "make it" through other means instead
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It's going to correct hard. Enjoy buying the top piggies. I'll buy again at 70 and 65.
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>>61639235
What if it keeps going and we end up around 130 - 160 at least short term?
You better have stacked a lot already.
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>>61638923
I'm making so much money off these precious metal miners it's not even funny. Thank you America for being so retarded with your economic policies lol
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>>61639235
This place said the top was 80$ just weeks ago.
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>>61639159
Silver ends the Fed.
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>>61638923
China's need for physical delivery is messing up the paper short contracts. Plus the online Left Wing parties are strictly forbidden from talking about how currency is created and distributed because their bosses are in on the take.
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>>61639163
THIS
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>>61639529
Tourists have. Long time stackers of /pmg/ believe (rightly so) it will go higher.
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>>61638923
WE’RE ALL GOING TO BE RICH
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>>61639611
Talking about it can be deadly to people with something to lose. Good thing I am already dead.
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>>61639137
if you genuinely believe the CCP is worse than the US government, you might be an american in denial
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>>61638923
and people kept saying /biz/ doesnt give good financial advice kek on a long enough timeframe the collective autism of /biz/ always wins
>>
Anyone putting the dollar sign after the number is either a jidf shill or a streetshitter poo.
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>>61639235
The correct price of silver is $200-$300. It is in the process of correcting.
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>>61640488
sometimes I do it because my stream of consciousness/inner monologue is saying
>"200 dollars"
so i end up making it 200$. That said, downside target (unlikely) is around $60, upside target is around $120. I would say that $60 is about as likely as $225.
>~4 --> ~30 --> ~60 --> ~90 -> ~120
Notice these jumps are all about $30. Usually it's about a 50/50 to do it again, but i mostly believe in the bull case, particularly because gold is extremely bullish and will keep dragging silver up (even though the monetary bid is less convincing than contrarian and whale watching perspectives). Silver retraces tend to be about 50%. so from 30->90, we get back to 60.
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>61640909
Nobody cares faggot.
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>>61639235

>enjoy your 50$ top
>enjoy your 60$ top
>enjoy your 70$ top
>enjoy your 80$ top
>enjoy your 90$ top (You are here)
>tomorrow, only God knows
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>>61640923
>I don't understand it so i don't like it
seethe

>>61640991
If TD is forced to cover, i'm NGMI. stack is too small....
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>>61640488

Lmao anyone this hardcore about syntax on 4chan is a desperate nigger. I stream of consciousness post everything only faggots organize their thoughts for retards.
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>>61640909
I never want it to go below 60 ever again.
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Why does america care about china so much? They are not Americas rival.
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>>61641019

America has to keep the planet using USD as reserve or else Israel will fall.


Any nation threatening Western financial authority is summarily annihilated.
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>>61641019
>They are not Americas rival.
How would you describe their relationship?
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>>61639138
You post such shit advice so boldly. BTC from then to now is a 9X.
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>>61638923
Will they give me a premium for my chinese pandas.
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>>61641101
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>>61641101
a 9x from 20k would be 180k
>Dear diary, today I have come to be made aware that I share the board with sub 60 IQ retards yet again
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>>61640381
Commies are disgusting, always. USA is pretty fucked but not openly communist yet so it has a chance. China is rip.
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>>61639163
And before
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>>61641101
1) you're a retard
2) bitshit is nothing. Satoshi (US glownigger agencies) can pull the rug whenever they see fit.
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>>61642704
China has long term demographic issues. They will be like Japan but worse. Shit ton of old fucks wandering around with no youngsters to maintain the infrastructure.
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>>61639611
>Plus the online Left Wing parties are strictly forbidden from talking about how currency is created
This has always fascinated me how in particular left-leaning chronically online socialist-redditor type faggots have absolutely 0 understanding of the nature of fiat currency and it's creation. The amount of retardation in that camp is an interesting study in itself.
>Things are shit
>Need someone to blame
>It is the rich and factory owners that are to blame!
>We need to take more money from them
>Money from groups they want to steal from is beyond reach
>Steal from the shrinking middle class instead
>Creating jobs is beyond their imagination
>Lower class increasing because of their lack of understanding
but of course we need to have private banks where money is lent into circulation and then charged interest on by the workers because how else would the bank clerk make a salary? Also it would be unfair if they didn't get interest because they could have invested that money elsewhere then never mind the fact that they have a monopoly on the issuance of currency.
I have started giving absolutely 0 fuggs when a socialist talks about money. Some classics I've observed over the years:
>If loans had no interest I would have purchased a yacht and laughed at you hahaha (many upvotes in the eco-chamber)
Implying that he would have gotten unrestricted loans with no limitations if interest did not exist, as in that the interest is the only incentive to pay it back.
and another classic:
>I am perfectly fine with temporarily higher prices as long as it helps Ukraine win the war.
>>
All the dumb gen z/a people I know talk about sports and prediction betting, not crypto
All the smart people I know (people that will actually get to retire with a roof over their head) talk about saving, stocks, and real estate.
Crypto is useless and boring at this point. The only person in my family who owns crypto is my mom, like 1k via a brokerage account, and she's 72, lol
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>>61639178
>Spread: $11.24
Translation: 11.24/oz arbitrage. Sounds pretty juicy to me.
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>>61643157
>crypto is underground again and being ignored
Bottom signal.
>>
>attempt to cash out
>sorry you cant do that
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>61639089
>muh housing ponzi scheme
Don't you ever get any sleep? I see you posting this same shit in every silver thread
>>
my uncle works at the global silver mine and says they are all out. theres no more silver left to mine
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>>61638923
China will try to fuck the USA anyway it can (and has been for a long time). This is economic war and attrition is a part of it. Thats the lens I usually look through when comparing things as it pertains to our 2 countries.
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>>61639235
Filthy unwashed fungus infected nails and arthritis from abject poverty hands types this post.
You don’t even have 60¢ you gutternigger
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>>61643145
I'm so glad I'm not the only one who has noticed this. Theu will blatantly ignore the elephant in the room, while hijacking the conversation for their pet causes.
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>>61638961
when are you expecting paper marks to make a comeback?
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>>61639138
Digits don't mean a fucking thing clown.
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>>61643615
It is but the bottoms not in for btc.
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>>61639235
I bought enough that I'm okay not buying any more but I will buy a tube if it drops significantly.
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>>61640381
I think US politicians (with a few notable exceptions) are completely interchangeable with the CCP party members. No difference in ethics or motivations. The big difference is that the CCP doesn't try to hide its corrupt, self-interested actions.
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>>61642754
>be satoshi (whoever that is)
>create alternate currency
>normies pile in
>you can now effect the global economy, governments, nations, easily
How?
>dump massive quantities if btc
>buy other asset
>btc drops
>sell asset, buy btc
>repeat
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>>61646727
Fuck you
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>>61639163
More like since 2001 you fucking reddit jackass.
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>>61638923
gonna laugh so hard when it rugs back to 20 dollars after thousands buy at the top

You never learn
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>>61638961
>zog fudder
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>>61648280
It wasn't my intention to fud. We are now here.
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>>61640510
The correct proce of silver is 500, faggot.
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>>61638923
It's worth at least $1,000/oz in actuality so get it while you can
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>>61639235
I had that mindset a few years ago when I wanted to buy bitcoin back again at 10k
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>>61639137
Go back
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>>61643639
Which app is this?
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>>61648441
Flappy bird
>>
the value of silver isn't going up. the value of the dollar is going down.

seriously everything doubled or tripled, why wouldn't gold and silver to? There's 3x as much money in circulation as 2019. Houses, cars, grocery's all up 3x. Silver and gold just lagged behind. This is just the start btw, the government is not going to stop deficient spending. this is going to get much worse.
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>>61648441
Grindr
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>>61648492
>the value of silver isn't going up. the value of the dollar is going down.
wrong
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>>61648492
>Houses, cars, grocery's all up 3x.
these things are up like 30-40% at most since the pandemic
you inflation whiners do yourselves no favors by exaggerating things



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