>>523931503silver hit a new ATH
Stackers right again.
>>523931503It's not sustainable it's gonna crash. Silver reserves are extensive. They're just letting people have their fun
Reading /pol/ literally made me rich. lol lmao even
>>523933583The price of silver does not increase, only the worthlessness of money, these graphs only mean that your dollar has shrunk again because kikes keep printing money. Back in 1906 you could buy a nice furnished house with a bar of gold, today you can also buy a nice furnished house with a bar of gold.
>>523931503I did but i had to sell my stack because my family are low income retards
>>523931503They usually tamp down the price on Friday in the early morning. Something is up.
>>523935356Morgan Chase went from shorting to longing physical silver starting last week.
>>523933839nice
Buy digital silver aka litecoin
221oz. I wish I got more and at least some gold, but all silver. Better off than most at least
>>523936842Kill yourself.
A small stack
It's stuck on 6.7.
>>523933583Even with unlimited investment into silver mining, it would take 50 years or more just to double the current amount of production. You don’t have the slightest clue what you’re talking about.
>>52393383910oz bars?How much is that?
>>523937053I think I have 330oz.
>>523931503SELLSELLSELL!!!!!!!!
>>523931503If you said this was happeningthree years ago I would have told you the world was ending
>>523933583Silver has become very scarce because of Samsung and their silver based solid state battery tech. The Chinks have place limits on their silver exports as a result of silver becoming such a vital element. It's going to go on the same trajectory as gold.
>>52393150367
>>523938441It's one dollarydoo an ounce right now I think. It will go above a US dollar.
I just love shiny things.
I did but I thought ya'll niggaz were meming me.... Sold over 200ozs at $21 fml
>>523938670A fucking leaf
>>523938662Hundred even.
>>523938662I bought it years ago and didn't think much of it. Wish I got more at the time, especially now that I know more about all this stuff.
>>523938746I will soon have enough in precious metals to trade for a trump gold card. On my path to citizenship!
>>523938823Same here, I only have a few tubes rolling around somewhere, that's the whole trouble with investing, you have to set aside a large amount of money to make any kind of worthy return.
I have 120oz will I be okay?
>>523939189you'll be fine
>>523938534Precious metals have been suppressed by paper futures contracts for decades to spur investment in US treasuries. That’s all being undone now that China is running the show. Gold could be at $40k an ounce and silver at $1k an ounce and absolutely nothing would change. It would just be a proper accounting of all the debt and money printing as reflected in these two monetary metals.
>>523933583Youre ignorant as fuckSilver a strategically critical resource and commodity that 100% reliant upon for the military industrial conplex supply chain and manufacturing of LITERALLY EVERYTHING USED IN MODERN WARFAREso yeah, youre clueless and the bible is once again astoundingly correctYou will pay an entire days wages for your daily bread in the coming future: a penny for a bushel of wheat
>>523935612Theyve been uncontested with price fixing the asset, insider trading, being caught red handed and "fined" as it were with zero arrests and incarcerationThe whole world economy is a fucking joke for these parasites, and we will all be paying the price rather shortly with our blood, sweat, tears, and ultimately lives
>>523939074Maybe buy more now before it breaches past the $100aud per oz mark. I get the feeling precious metals will have a silly run next year and maybe even taper off but keep going until 2028 or further.
>>523939484I just spent 24k on an overseas holiday, i'm not investing shit.
>>523931503The best investment is leadMy weapons thank you
>>523931503I bought a bunch of 1oz Libertads years ago sure am glad I did
>>523939642>I just spent 24k on an overseas holidayAnon, fuck. That's crazy. Was it any good?
>>523939484The fed started printing money again under the name “reserve management purchases.” It’s $40 billion a month for now but will likely rise to help cover the $9 trillion in treasury debt that needs to be refinanced next year, mostly with short duration debt. Since it’ll be mostly short duration debt, it won’t be long before it needs to be refinanced again. Absolutely nothing stops this train for the foreseeable future. The only threat to monetary metals in the long run is bitcoin,
>>523933583Silver demand has outstripped production for the past five years.China and Korea's industrial demand for physical is real. Solar panels, circuit boards, and Samsung's new silver anode battery.Korea is dealing directly with Mexico silver mines.China is not letting silver out of the country.JPMorgan has 700+ million troy oz in addition to the paper they use to manipulate the US and London markets. Every time they sell to Asia, it's gone for good.Watch the owners of JPM rearrange the deck chairs in an effort to keep playing their game of merchant paper shuffling. They will send the US into a war and use the Fed to crash the economy before exhibiting any kind of human behavior.
>>523938554I think they have banned exports outright. This becomes even more serious when you realise it's not just the silver they mine but also the silver they import and refine, they are one of the largest refiners of silver in the world. A whole bunch of silver dore bars are being imported for refining then never leaving China.
>>523939838Yeah it was awesome, we went right through Europe, the fucking exchange rate killed us, and the Euro's being rip off merchants.
>>523933583What a fucking jew you are
>>523940252AUD is becoming Argentina tier amongst "first world countries". Euro tourism merchants hate the industry they work in and charge through the nose because they also hate tourists, but I'd do the same thing. If my precious metals work out I might head over there.
>>523940790Just go to bali or thailand and creampie brown girls. Much cheaper.
>>523933839>silver Krugerrandsah, a patrician
>>523939984Everything is manipulated, the silver industry experts say that at current levels of mining underground, mineable reserves will be gone in 20 years.They say this about everything though, including oil and gold, then next minute they find a deposit that is larger than any previous discovered, cohencidentally.
so I could be broke? fuck no
>>523940252>right through EuropeLmaoprob did a contiki tour spending your time on buses drinking with fat Irish women and getting shown a few landmarks and stuffed in group hotels and buffet bars
>>523940900It's always a possibility these days.
>>523931503Oui :)
>>523939329China now has 1 trillion a year surplus and they don't want US paper, what will they buy? everything that can be stored, this is why all metals going up
>>523941893We booked air b and b's way before we left, months in advance. They could have gotten double or triple what we paid when we got there, the tourism industry has gone a bit insane there. Italy is overwhelmed.
Once upon a time I had 132oz. I lost it all in a tragic boating accident though. Lost all my xmr and guns too.
This is the gold-silver ratio, any number above 80 means silver is cheap compared to gold, if its below 40 silver is cheap compared to gold. We just about hit the average ratio. Now the trajectory however shows it going to the cheap compared to gold. This will either be due to silver losinf value or gold gaining more value, either case , you are better of stacking gold, not silver you retards, you can get back into silver when its 40.
>>523931503Yes, thousands of ounces, back when it was under $20.
>>523944863Slow ass nigger calling futures while we quick niggas caught up the up swing, eat shit and die faggot
So now what? You find someone who's willing to buy it off you?
>>523939681i think its safe to say that stackers are armed.
>>523947503Can't own silver AND guns, bro.
>>523947539why not? i do.
>>523947291>So now what?A return to daily SETF threads, obv.
Big green bars, fuck the bear-market.
>>523944863So why has my silver increased in value by 225% while my gold has increased by 165% over the past 5 years?
>>523933839>random cpuwhat you really need are DDR5 sticks for diversification.
>>523931503I bought 150 ounces back in 2019. I was Fkn dumb to buy then as anything else was a better buy and only since a year ago was the play to swap to precious metals….
>>523933839Pretty good but not rich. That’s like ~500k worth of PMs
>>523948180yiff in hell furfag.
Silver is the devil's metal. As a Christian, I refuse to have anything to do with it.
>>523931503Not enough. I could have made 30k if I didn't get a house. So be it. I can live in a house, I can't live in a pile of silver
>>523947626Nope, you have to pick silver or guns, and if you pick silver, when The Apocalypse™ happens, the people with guns get to murder you and take your silver.Shouldn't have wasted money on all that worthless silver!
100 CAD/oz by EOY
>>523931503if you don't sell right now you are an idiot
>>523949267Based kike working late on the sabbath
>>523949455fuck that shit I'm already up x5time to sell
Actually I sold all my silver last week. Which i was doing so the guy got a call from some random dude that wanted to offload 1000oz. When I left he was shaking his head saying that everyone only wants to sell right now and that "there's no fomo"
>>523949587if you been holding since 12-15 might as well sellits doesn't matter if it goes up moreyou still won
>>523949587When you realize that banks are the reason why the price is going up, and has nothing to do with private ownership, it’s indicating that the dollar is dropping. If this were a recession the exact opposite would be occurring, but commodities are resisting everything with the exception of oil. Bitcoin is dropping because everyone realizes that it doesn’t matter if an asset has utility, it’s whether or not it’s tangible. The economy is shifting from a paper trade speculative derived economy back to a realistic hard economy. Fiat is effectively dying right in front of your eyes and you can’t see that despite the economy being fucking global. So EVERYONE in BANKING is buying metal. This is the game of musical chairs coming to that fateful moment where the music actually stops, rather than slowing like it did during 08
>>523950120Trading a valuable resource for paper scraps seems crazy, don't it
