Back when silver has around $60-$70 in december I could have bought double of what I have right now (shy less of 40oz) but I was scared. This whole thing was new to me and I fomo'd not knowing shit about premiums, junk or literally anything at all. Hence I still hid behind some boomer stocks and leftover liquidity (just in case).Looking back at it, silver is money so it was an easy decision, but I was a faggot and now I pay for it.Will I make it? I am scared, I just want a bit of land...Fuck my paper hands man.
Shops never buy at spot so unless the whole world collapses I wouldn't bet on making anything with 105oz
Silver is not moneyGold is money. Silver is not PURELY a monetary metal like Gold is; Silver has much industrial use as well, which is why silver has CATASTROPHIC dumps With that being said, a person who has paper hands regarding money is someone who does not have much cash flow, and they are extremely scared because they lose everything they have if the decision goes south eg - if you were making 5k a month you wouldn't really give a shit about throwing 80oz of silver into the market
>>61675710Shops are currently buying at spot, but ookay
>>61675730No they ain't
>>61675690Wow you're telling me you could have had nearly $8k right now instead of nearly $4k? I would definitely rope over that $4k, it would have been a life changing sum but instead you are trapped in the permanent underclass.Silver stackers are pathetic poors btw
>>61675737Tavex does, both in Norway and Sweden, at the very least
>>61675770So I have to ship my silver to fucking sweedenland just to sell at spot
>>61675749Yeah nigga I'm poor, what are you gonna do about it?If I was rich with insane cashflows I wouldn't be giving a shit but alas, here I find myself, trying to get out of the hole and survive the incoming Great Reset.kys, seriously>>61675723mid 20s student, I should have been more responsible and finished my degree earlier but I niggered. Consequences have actions...
>>61675723Through most of human history, silver was the main currency used in everyday trades, not gold. Gold was also used in religious worship, jewelry, and decoration, not just as money. Gold also has applications in computers and electronics.
>>61675815Sure, I agree with you that it was throughout most of human history - before the advent of massive consumer technology, and before the advent of fiat paper currencySilver being the natural complement to Gold for monetary use fell off quite considerably after those 2 interventions
>>61675787everywhere is buying at spot or a dollar under because they're struggling to hold stock. you didn't even bother to look, too busy making shitty posts.
>>61675690I stopped buying silver at $30 because I thought the price was too high.Now the price really is too high.Oh well, that's truck driving I guess.
>>61676199way of the road
>>61675710One place here in the UK is already paying 5% over spot, still a vast amount less than they're selling it for, admittedly.
>>61675690>paper handsIf you talk like a redditor you'll trade like one. Silver miners still lag physical prices, earnings will probably put an end to that. I guess there's still an opportunity.
>>61675690>I could have bought double of what I have right now >shy less of 40ozlmaooosorry i shouldn't laught but KEK
>>61675723>Silver has much industrial use as well, which is why silver has CATASTROPHIC dumpscatadumps have nothing to do with industrial use, that makes zero fucking sense.The megadumps happened twice for the same exact reason : the CME Group raising trading margin requirements to crush paper silver.It should also have happened this time around, since the CME rose MRs not once, but 4 times for the past 2 months. But it didn't work this time around. Price dumped for 30mn at each iteration, then a green god candle appeared.
>>61675723Silver is the oldest form of money known to humanity. Pretty much every modern currency is named after a silver coin. And this fuckwit thinks it's not money just because a government tried to kill it 150 years ago.
My delta on silver is like 1600 feels bad bros next meaningful dip i swear to up it to 5k
>>61675690When I was selling it at $26 I could have not sold it. Oh well it happens.
>>61675690my nigger i could have bought a kg of gold in 2016, and every year after. all i did was 100Gr 4 years ago. better than nuthin
