normies are going to fomo into silver at $100
>>61642453I will buy their bags at $50
>>61642453I did today.I like the idea that it's illiquid enough I won't get impatient and sell it, like I would some stock or crypto. I also want to start stacking enough I can have a treasure chest. Even if it's a really small chest.
>>61642453>normies will fomo bro trust mei've heard that before
>>61642453i am the normie who is going to do thistell me why i shouldnt and what i should fomo into instead
>>61644610>illiquidYes use it as my savings bc I cant just exchange it at a store to buy stuff>treasure chestConcept from above causes the treasure chest to build. Feels good
>>61642605in order for us to see $50 again, shanghai would have to see $50. completely impossible>>61644983i'm not saying it's a bad idea, although fomo is rarely profitable. there's really nothing else that's attractive to buy right now, and cash is basically toxic sludge. gold and silver are the safe play
>>61642453normies are in debt, they are broke and will never buy any silver
>>61647456it does feel like i missed the boat but i dont know what else to invest inmaybe i'll yolo some crypto
>>616426052pbpI don't know what the ATH will be but im not buying until at least a 40% retracement
>>61642453>sar do NOT redeem the ETF, because there is NO METALS, truely
>>61642453>are going to fomothey already did, why do you think costco is running out of coins to sell?
>>61642453Bought at $18, will buy at $118. It's still the fire sale of the century.
>>61642453Even people that own silver don't keep track of the price of silver
LFG!!!!
>>61642453time to buy miners.
>>61647676The point of holding precious metals is to have them in a time of crisis and that is when it is most probable that a counter-party will default.
Hello guys, normie here, I’m literally going to buy silver at $100.A -50% drop doesn’t scare me. Inflation is raping my life.
Mgm
>>61647648yeah it's like every boat is already sailing. which statistically says that several of those will be sinking. you can't get more risk-off than physical gold and silver though>>61647689you're right we are seeing the beginning of fomo as we speak. once they start to see the magick number 100 in the headlines though, the cheese run begins
>>61642453I’ll pass on silver. BTC stays and gets staked on Babylon. You’ll regret ignoring this kek.
>>61647689>they already did, why do you think costco is running out of coins to sell?Don't forget the US Mint just suspended/ canceled all orders.
>>61644983Your problem now is finding physical silver in the first place. Orders are getting delayed by a month in some cases. I cant predict anything at this point.
>>61647648Platinum has some catching up to do, same as oil, but its highly politicized.
>>61647755in the case of remonetization i believe you're right. and whether anyone likes it or not silver is and always has been a partly monetary metal. just ask the chinese. we are still below inflation adjusted ath and imo the price discovery process is just beginning>>61648002this is really sad photo, poor warmbier>>61648013honestly yeah i'm thinking about buying juniors when the stock market wipes out
>>61642453>>61642605$100 does seem about right for a major crash that will slowly fix itself over the rest of the year and will end with a retesting of $100I just hope that the normies sell before the price starts recovering
>>61653303This was more likely them repricing than running out. The do-nothing sheboon in charge of the pricing was probably oblivious of the creeping silver spot.
>>61653303Is that why Apmex is out of 2026 eagles individual coins