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08/21/20New boards added: /vrpg/, /vmg/, /vst/ and /vm/
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Silver ends the motherfuckin fed
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>>524369306
Fed owns silver
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>>524369355
Source
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>>524369306
This does not seem like a persuasive argument and the use of obscenities is off putting.
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>>524369769
Pearl clutcher.
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>>524369306
>one chance at life
>boughted gold
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>>524369306
In this moment I am euphoric, because I went full retard with stacking.
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>>524369306
JP Mutt Morgan owns like 750 million ounces. Allegiblies.
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>>524371042
no they don't
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>>524369769
No fucking cussing!
>>
Damn i missed it. Which means now is literally the worst time to buy silver.
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>>524372201
What makes you think it's the top?
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>>524372369
It doubled. Also bitcoin is going to crash very soon.
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>>524372201
>the worst time to buy silver
Until now.
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>>524372420
>>524372369
I am not buying anything. I bought €1.5 million in property right before covid. Won big. So now I live in a nice house in a nice area while my investment goes up in value.

No silver or gold or bitcoin. Just property maintenance.
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>>524372479
>So now I live in a nice house in a nice area while my investment goes up in value.
Mate you do realise your property is going to nosedive in value along with everything else, right?

Now is literally the time to be selling property.
>>
>>524369306

btw gold and silver anons - the mines in north west montana are being activated again. Two of them on the outskirts of Libby are both being prepared for mining operations right now - probably more around the rest of the state and i wouldn't be surprised if alaska is doing the same thing - these mines have all been shut down since 1930 but they are still all mostly privately owned because the owners KNEW BETTER
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>>524369306
Silver is garbage, anyone that buys it is a tard
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>>524369306
What's the point for humans to invest billions to make things when the globohomo just whips out hundreds of billions for corrupt shithole like ukraine
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>>524372584
Everyone needs a place to live.
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>>524369306
Some anon in another thread said LBMA & Comex have empty vaults and shockingly even the US Mint ran out of silver. This can’t be real? This surely has to be FUD?
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>>524369306
Keep pumping it, I'm investing about 10 grand per day in physical silver, it's just a continual win.
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>>524372763
>Everyone needs a place to live.
You'll live a lot more comfortably in a 500k place with a million in a spread of precious metals and stocks.
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>>524373013
No ill live comfortably here in my palace with no commute to work and it goes up between 5 and 10% every year. They arnt building these properties anymore. There is no more land near the city centre.
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>>524372404
Why is it going to crash?
Did the ETF stop?
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>>524373134
Bitcoin is down 20% this year and lots of other common investments are mooning. People will pull out of bitcoin and into what is making gains.
Then bitcoin will drop and more people will pull out. Self sustaining march to worthless.
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>>524372842
It is both true and false.

Gold & Silver ETFs indeed work like fractional banking. If everyone calls on their physical IOU at the same time, it isn't avail as it is being leased out elsewhere. We are seeings signs of that at COMEX and others, which is driving up artificial scarcity. Demand is high for physical ownership.

Artificial, because 26,000 tons of silver are excavated out of the Earf every year, and new mines are opening in response to new industrial use case (battery tech). It is all fake and gay fud by boomers to yet again extort the last oz of money out of younger generations before the mega collapse. Big bag holders are dumping their physical stores right now, they've been holding for 30 years, waiting for this.
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>>524373072
DIVERSIFY
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>>524374660
I have a pension too.
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>>524369306
Me no buy silver because me have no money. Now soon me have less than no money...
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>>524374715
You won't have one soon, it's mostly the EU banks who are the ones shorting silver right now.
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>>524374715
hope its not just the state pension m8
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>>524374779
Silver IS money.
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>>524374191
>artificial scarcity
This is a lie the scarcity is real. Typical comex delivery is less than 1% of silver contracts. Why don't you take a minute and check how many physical deliveries happened in December lol
>new mines are opening in response to new industrial use case (battery tech)
Again you lie. Silver is a byproduct metal of a primary production mine. Silver price rises they cannot simply use the price increase to fund or justify increase production the way they could with copper or gold.

So the question is: why are you lying in such an easily verifiable way?
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>>524369306
I've got about 600 toz silver, about a kilo of gold, and a paid off 30 acre with a nice house. I'm ready for the end bros.
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>>524375349
They always say how much silver is mined each year, but they never mention how much silver is used by industry each year.
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>>524375403
FYI 61 ounces places you in the top 1% of silver holders world wide. Cheapest insurance you will ever buy. You are 10x that. Nice job.
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>>524375522
Top 1% of private individuals? Because I know jp morgan is holding a lot
https://www.nationalgoldconsultants.com/articles/jp-morgan-is-long-on-silver
So are some rich fag billionaires, but they're likely holding under a business entity.
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>>524375441
They lie about everything. The same people who were screaming at you not to buy boomer rocks for the last 5 years while money printer go brrrrrrrrr lol

Imagine believing anything they say. They told me the sky was blue I would go outside and double check.
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>>524375632
One guy holding billions doesn't dilute the the top 1% they are just one member of that set, the 61 oz is the cut off. Most people own zero.
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>>524369355
The Federal Reverse is not Federal and has no reserves.

"The Federal Reserve maintains reserve requirements for depository institutions, although as of recent policy changes, reserve requirements are currently set at zero."
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>>524371042
and who owns the most bitcoin? Who owns the most dollars?
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>>524373072
The only reason your house "goes up 5 to 10% a year" is because people are borrowing magical money only existence to get mortgages to afford their own places, in Ireland, where there is even more fake new money than anywhere else in the EU.

If we return suddenly to a system where all this fake new wealth is gone and only tangible value of real things are valued, you might find that your house is not worth as much.

I'm not wishing that on you, I just think the others have a point when they suggest diversifying.
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>>524379088
Seriously now.
If nobody is making children, then there is no reason for houses to be this expensive. And it's going to be a long term trend.
When silver crashes the whole global economy, housing and land is going to be extremely cheap for a very long time.
>inb4 niggers and jeets
They're all going to be killed because there won't be any paper currency to pay the zogbots to prevent that.
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>>524372635
so how long until its on line
few months? years? decades?
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>>524379088
>If we return suddenly to a system where all this fake new wealth is gone and only tangible value of real things are valued,
Gold silver and bitcoin would be worthless and a place to live would be priceless.
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>>524379740
>Gold silver would be worthless
yeah, just like back in the good old days lol
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>>524379740
>"Gold silver and bitcoin would be worthless," he typed, on his electronic device that requires silver to function.
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>>524369306
How does it end the fed exactly?
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>>524376455
>>524369377
How much silver do major banks behind the FED own?
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>sold my ag
It's over....
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>>524373072
Lol you are retarded. Silver is going to 4 digits easily.
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>>524369306
watch it go!
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>>524369355
Yes, way old articles talked about jamie diamond buying a shit ton of silver for years, they're prepared for the gains.



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