The day Biden kicked Russia out of SWIFT you had to know the dollar was going away sooner rather than later, you also probably knew that silver had been artificially supressed since the 1970s. Now the Chinks won't let them keep it down anymore so the price will go orbital and based Trump doesn't want to prolong the dollar's misery via interest rate bullshit. I unfortunately missed being an early bitcoin chad (and 99.9% of people here did too or else they'd be spending most of their time fucking whores on a yacht or something indifferent to the state of the world) but damn I love being a silver chad.
>>526503879> I heard he didn't buy silver when Biden kicked Russia out of SWIFT
>>526503879It’s just a ponzi scheme created by the hoarders for the hoarders. It has no actual use and will never be legal tender. Yet another mania/bubble that will sooner or later end
>>526504142> Claims silver has no uses> Is PolishAdds up. It would also work if you were Indian.
>>526503879I might be winning, but we all lost. Silver rocketing up is nothing more than a foreshadowing of how fast everything else will go down. We should be crying over the price rise.
>>526503879The hivemind is taking a big fucking dump right now. Now all we've gotta do is double our fucking money..
>>526504324> Oh no I will be able to buy democrat voters houses for 1 gold coin and their daughter for a single silver coinThey shouldn't have voted for Biden and supported kicking Russia out of SWIFT.
>>526504324> But it will hurt right wingers too rightMost right wingers I know have some gold/silver. Not often as much as they should have but some.
>>526504142> what is gold for 800, Alex?Silver has real world use. What's gold do? Sit in vaults and make banker families comfy, and they give it all its value. Nothing wrong with silver giving some competition.>>526504678
>>526505073Just watch. They're already filling everyone's algorithms with silver videos.The hivemind is about to take a huge shit and the rest is history.
>>526505228I saw the fundamentals back in 2021, and they're even worse now. A billion ounces consumed in the last 7 year structural mining deficit. Jews played the silver price suppression so long it drove miners out of business all while industrial demand was rocketing. It's going to keep going until we mine enough to meet demand and rebuild a stockpile.
>>526505530300 at least then you can safely sell it and buy miners. Could go way higher. And yes there can and probably will be violent corrections.
>>526505805Well, I'm not looking at a specific price. A dream told me that the bankers lost their grip on the fiat fever and the world is going to go back to real money backed by value and the USA will use silver so the bankers gold stash can't undermine the USA sovereignty. Odd dream.
>>526506171do not sell physical silver to buy miners.
>>526503879Fucking hell. I bought silver late 2024. But only a few coins because I decided to save up for a car instead. I debated whether I should have spent 2kk on silver and another 2k on platinum. Platinum is also up a lot from late 2024. It was $975 back then. Now it's $2452.The biggest reason why I didn't invest is because they charge a 25.5% value added tax on silver ever since Estonia loophole was closed. Meaning that unless silver went up 25.5% I would lose money. Only rare metal that doesn't get taxed is gold. Though gold has almost doubled since late 2024 so that would have been a good investment as well.
>>526503879Anons, do you think we'll ever see a /SETF/ ever again?
>>526503879I had 3000 ounces at one point, mostly paper. Now only 500 ounces of physical. But it's still pretty nice.
>>526504142>no actual use for the greatest conductor of heat and electricity known to man
Right now Comex has 429M ounces, but only 120M are registered. JPM notably only has 15.8M registered, which is very low for them. >Silver inventories on COMEX are divided into registered and eligible. >“Eligible” inventories are inventories in a CME-approved warehouse, not necessarily delivered onto the Exchange itself; the owners of that metal may just be using the warehouse as a secured storage space. Eligible metals may belong to a range of different market participants. The CME does not have any direct control over these inventories.>When the holder of the metal delivers it onto the Exchange, then a warehouse receipt is issued and the inventories become “registered” and can then be used for delivery against futures contracts.Only registered really matters. They like to report Eligible and then combine them to puff up their numbers, but Eligible are usually claimed already - often many times over. While 120M sounds like alot, for the CME it is literally an amount they are willing to lie about. Ironically their inventory reports pretentiously show their holdings down to the thousandths of an ounce(0.001), humorously performative to pretend like they keep track so precisely but accidentally fudge factor 3300 tons of silver. Basically the entire inventory of registered bullion.
SETF chads win. Time to look through those family attics and basements soon to find any hidden wealth.
>>526506569Don't do it right now but there is an argument to do it when silver is over 300...
>>526506569selling a bit for miners might be good now the price has gone up silver mining is probably worth doing again so a bunch of mines are gonna scale production within a few years which will bring the price back down but idk how much stocks in mining companies will go up in comparison to raw silver, silver isn't super scarce theres abandoned silver mines all over america still full of silver but it hasnt been profitable to mine
>>526503879>I still have the stickySETF Silver ENDS THE FEDWelcome to THE political thread of our times!Fiat currencies are always under threat from silver and gold. Since silver is the people's money, active suppression on the silver price protects the Federal Reserve, ECB, and the central banks who rely on shorting and spoofing the futures market to prop up the dollar, the euro, etc. Since the central banks hoard gold and neglect silver -- which historically traded at a ratio of 16:1 -- we can dethrone the dollar and euthanize the euro with a Silver Squeeze that decouples physical silver and gold prices from the phony paper price.>WHY?Fiat currencies fleece the public of their purchasing power with the insidious tax of inflation. They enable wealth gaps, usury, and war.MUST WATCH: https://youtu.be/iFDe5kUUyT0 [Embed]>WHEN?The Fed's end is inevitable. Fiat money is a dying beast and the Silver Squeeze can paralyze it while the sword of truth lands the death blow. Unbacked cash is severely weakened after suffering covid lockdowns, the supply chain dismantling, and an escalating abandonment of faith in the US dollar. At some point, one single ounce of silver will be one too many. It's only a matter of time.>RESOURCESVideos:https://pastebin.com/cufv9frtBooks:https://pastebin.com/qRrSduEtDealers:https://pastebin.com/9feTTxM2>CONCLUSIONStack physical silver! Your worst case scenario nothing happens and you sell back to the dealer. At best, you prosper after SHTF. Patience. Don't overextend your budget. Stockpile water filtration, emergency food, and any other survival items you can. Crush all demoralization shills under your boots with ruthless efficiency. Post your stack if you please. This is our Great Reset, not theirs. They will eat the bugs. And there's not a thing they can do to stop us.REMINDER: If you don't see a "Silver Ends the Fed" thread, make one!
I only have a small stack because I'm a poorfag. Might see about buying a little extra soon while I have the chance
>>526508040>selling a bit for miners might be good nowNow no> When silver is 300-350 rangeProbably good to put some of your money into the miners
>>526508365>I only have a small stack because I'm a poorfagtry to at least stack 30oz of silver, anon. WAGMI
>>526508040Which stock exchange do you use? I am dedollarized and dont use American exchanges.
>>526508626>try to at least stack 30oz of silver, anon. WAGMIoh that's exactly what I have. The gaol was a full kilo but then shit happened and I had an ill mother to support and so wasn't able to get more. This was back like 4 or 5 years a go when it was way cheaper (The vat here on silver is fucking murder)
>>526508673trading212
posted without comment
>>526508893I dont think trading 212 is a stock exchange. I think its a trading app or something like that. I guess i am asking what nationality of companies do you invest in?
>>526508867>oh that's exactly what I haveOkay, good, but gotta keep stacking! Don't stop now, no matter the hassles you have to go through.
>>526504142>"It has no actual use," he typed, on his electronic device that requires silver to function.
Went to the store to buy some silver. Like $95 or something. Insanity. Anyway they had two rounds I've been hunting plus I picked up a Golden State Mint Trivium round, which are corny af but I didn't have any titty silver that isn't Libertad. Three rounds is all I could get. It's getting crazy out there.
>>526509783electronics have never used silver and most silver is in silver asteroids held in low earth orbit
>>526510629One more note: there were more sellers than buyers. Not a one seller was younger than 70.
>>526510629Good job, anon, there will be a point where it can't be found.
i bought 3 oz in 2023 and said "ok, ill get a few more ounces per month for the next lil while"i never did, i only have 3oz total to my namestill, im way up, so can't complain.
>>526510629Nice. I just picked up two more Chinese year of the horse maples. I think our postal service which sells Canadian mint product is run by a Chinese person because they choose lots of Chinese stuff. Whats funny is homeless people all know silver is doing good so sometimes when i am in line for coffee they ask if they can trade me silver rings for a coffee.
>>526507156looks like you fucked up a bit, nonetheless, silver chads continue to win bigly, congrats everyone
I TOLD PEOPLE TO BUY
>>526503879I just saw this: https://www.youtube.com/watch?v=mI5xm1ARBM8So I went to my local coin shop to see if they would be open to doing an even swap of .999 generic rounds for 90% US coins based on silver content. I figured they might want a purer form of silver to be able to possibly get rid of it at the refiners and I would get US coins that could be gotten rid of at a later date without 1099B being filed.A win win.But they said the refiners weren't accepting anything being backed up for weeks. So I went home not doing a deal.I think silver is going to find a new price and plateau not spike and crash. I could wait a long time to be able to sell alloyed silver.
>>526511402If Trump gets rid of the income tax then does that mean there's no tax on physical silver gains?
>>526511660>If Trump gets rid of the income taxWon't happen.
>>526511402That’s a good deal. I have lots of junk and scrap I’d love to trade for 999 If china wanted to kill shot your country’s future they’d set up supply chains to buy all that unrefined constitutional and scrap silver and then just ship it all back to china and refine it there and feed it back into their own system. China controls the global mines but if they also sucked all the scrap and constitutional out of America they would annihilate America’s ability to source physical. The US government not understanding that it needs to get refining capacity going ASAP is beyond my comprehension. Must be utterly incompetent leadership. All that unrefined silver is just going to find an international buyer and it’ll leave the country on a container and then America’s vast privately held horde of silver will in large part be exported. DUMB
>>526503879Wait silver chads I have new information which I didn't even know till today. Last year physical gold and silver were reclassified as tier one banking assets. That means banks don't actually have to hold treasuries anymore if they are anticipating inflation they can sell them all for gold and silver bullion...
>>526511402>1099B being filedThere's your first mistake.
>>526512135Yeah the post war system was America holding a gun to the world’s head and forcing us to pretend that American treasuries and dollars are as good as gold. Now that America is declining we are all going back to gold and silver
>>526511402I wonder how much capacity guys like sreetips have and how his operation works. He can basically buy straight from shops at a discount and refine himself since all the refiners are backed up. I am jealous honestly. https://m.youtube.com/watch?v=elPN-oQZ_Vg
>>526512397The Trump administration was to my understanding supportive of the reclassification.
>>526509178i dont currently own stock kek
>>526512337> no one knows the price I bought it> no one knows the price in sold it> let's get the government involved in this transactionI know, kek.
>>526504324Oh no. Anyway. Just bought another 20 ounces anon.
>>526512337Rounds you can only sell $1000 worth before a 1099b has to be filed by the coin shop. You'll know they filed one because they will collect your SSN. A 10oz bar would trigger that. But US legal tender is counted at face value. Foriegn coins are counted at face value up to 25oz. Rounds & bars at spot/wt.Taxes are due regardless. But uncle sam sees 1099b.
>>526512833Imagine if Chinese companies took advantage of your overburdened refiners by buying up all the scrap in America for a premium by giving them Chinese prepaid debit cards in exchange so they dont need to pay taxes or report the purchase then they can just pull money out of the ATM to pay for new purchases.
>>526513098> $10,000 cash reporting requirement> total, per day, per location
>>526503879Based silver thread. Hope all my stacking bros are staying comfy and cozy. Fuck jews
>>526513098>Taxes are due regardlessThat's what Uncle Sam thinks
>>526504324> I might be winningTrue, I am for once.>but we all lost.I’ve never been included in on this shit system as an American born White male from the upper Midwest. The sooner it goes the better.
>>526513602Oh that silver I got years ago oh I'm sorry IRS agent Schkelberg but my silver was lost years ago in a boating accident.
>>526504557Exactly. The Maidan coup that globohomo instigated and the war that followed were all a series of huge unforced errors by globohomo. It’s not our problem.
Silver is worthless in any form of collapse. I will shit on silver loosers and take their tendies.
>>526513602Just try and sell your silver overseas at some point.
>>526508126God bless you anon.
>>526513815> Silver is worthless in any form of collapseGovernments, banks, manufacturers and the retail trading public disagree, memeflag jew
>>526513815Bingo. That's why I invested all of my shekels into a digital currency and the stock market.
>>526513815What nationality are you and what collapse are you predicting?
Is it too late to jump on the silver train?
>>526513955Which stock exchange? The Toronto stock exchange is just a bunch of scam companies.
>>526513985Depends on your analysis. I truly believe the silver shortage is not going to be resolved so i am still buying.
>>526513815> Total Mad Max collapse where the only survivors are the most violent psychopathic thievesThats really only happened exactly once in history the Bronze Age Collapse. Most collapses aren't quite at the Mad Max level so if you want to go around as a psychopathic bandit you're probably going to get shot real quick.Also in a Mad Max scenario what happens is after a lot of people starve to death or are killed by bandits weird survivalist cults take over. Think of the FLDS (fundamentalist Mormons) taking over most of the great plains.
>>526511660Why would you report gains on physical silver? How stupid are you?
>>526513985No of course not. Ape in bro. There’s still a long way to go before the top. I wouldn’t hold anything but physical though, the various paper derivatives are going to start having issues soon here I think. You can just ape in for the fun, it doesn’t have to be tons. Costco can’t even keep this shit in stock. I got my mom to start stacking a few years back even. She tried to buy some at Costco because she has a membership but they sold out within two days of having it in stock at her store I guess. Online retailers are starting to have inventory issues, too. As well as the mints.
>>526513098WTF are you talking about? My local shop doesn't do that.
>>526513985There isn't a ton of risk until 300-350 unless you are buying on leverage (because there will be corrections and short term downtrends). At 300-350 there is going to be major resistance and an attempt by globohomo to keep the price from breaking above again and they might be able to do it at least for a long time.
>>526514371https://www.apmex.com/faq/tax-information-on-gold-silver-buying
>>526514157>>526514255>>526514502Alright I'm in. I have six digits in savings, own my house, and have no debt. How hard in the paint should I go?
>>526503879have my bodyweight in silver 50lbs of gold and half a dozen btc at 2k. 10oz Platinum and another 75lbs of copper cause its cool.doesn't mean anything.. I still have it. WTD do I even do but hold?
>>526514854If you bought the silver at $12.50 a few years ago, you should sell now.Keep the copper tho, I'm keeping mine.
>>526514854You're fucking gigarich already then (I was almost wiped out in the Biden years but silver is making me a comeback) I wish I had that much... just focus on not getting robbed.
>>526515132> You should sell nowI mean if you want to sell a small amount now for piece of mind and to buy some stuff and do something enjoyable okay but don't sell it all now.
>>526514854> 50lbs gold kekSell BTC, and if you feel the need for more $$, buy miners. Hang onto physical PMs
What's the point in minerals? There are both better investments and payment methods to choose from.
>>526515716>Happy merchantI'm only advising that he sell now if he bought at the absolute bottom (12.50)And yes all of it.But it he bought anytime after Jan 2023 then HODL
>>526515794What I'm wondering is why this guy is asking for advice, sounds like (unless he inherited it all) he knows what hes doing. I want to ask his fucking advice if he managed to accumulate that much in PMs.
>apocalypse happens>silverhomosexuals hiding in their room>me and my nine friends going door to door taking it from themPretend I have a German flag.
>>526516355> Your nine friends do this for maybe 6 month tops and are hunted down by a posse who take your stolen PMs as a rewardLike I said most collapses are not as bad as the bronze age collapse where people are literally eating each other. You might be able to rob people on the road or by moving from place to place. If you stay in one place and do this I am a sovereign bandit shit a posse of vigilantes are going to kill you.
>>526506896Buy junk silver.It's still 900/1000 and it's cheap right now.Because refineries a full for the next months. Then it will Reise too.Also buy seasonal, June usually has a low. And last friday of every>>526508867 month tooAnd people are too lazy to read up in all the different old coins.
>>526503879>The day Biden kicked Russia out of SWIFT you had to know the dollar was going away sooner rather than later,Even if silver helps you, the post-collapse US will still be unlivable. I really hope you SETF fags are thinking about what kind of society we will be with our demographics, political tension, ethnic tension, breakdown of specialized roles and complex systems etc.If you do not have a passport to go somewhere else I really feel bad for you.
>>526515132Silver's artificially low prices have been maintained as silver industrial demand slowly emptied vaults for years. The low price suppressed mining, though it's mostly a byproduct. New demand decreases the supply of the silver that had been used as money. This creates volatility due to inexorable deflation in terms of silver money as supplies decrease.. The price rise isn't due to speculation. The normal means of punishing speculators has failed to keep the price down because the rise in price is a pent up symptom of real industrial demand outstripping limited supply.
>>526507204Isn't copper almost as good as a conductor?Anyway, silver is useful, but not ~100 USD per ounce useful. >>526503879Buy an ad
>>526516727https://archive.4plebs.org/pol/thread/525144137/#525180728
I have 400oz. Don't know if I should buy just a bit moar.
>>526515132>have my bodyweight in silverDamn, where do you store 500lbs of silver?
>>526516920> Thinks will go mad max because silver skyrocketsNope, in fact it will probably get a lot better as the economy is purged of scams and bullshit. Also its not going to happen all at once as I said I just found out today gold and silver are now tier one banking capital. In effect the Trump administration quietly agreed to revive the gold and silver standard in international trade.
>>526517208>copper almost as goodclose only counts in horseshoes and hand grenades
>>526516920>Even if silver helps you, the post-collapse US will still be unlivable. I really hope you SETF fags are thinking about what kind of society we will be with our demographics, political tension, ethnic tension, breakdown of specialized roles and complex systems etc.>If you do not have a passport to go somewhere else I really feel bad for you.>mad max cannibal apocalypse happens >can't leave without a passport tho
>>526517302>Damn, where do you store 500lbs of silver?100lb of silver fits in a shoebox, nostack.
>>526516230He's not for real. But my advice stands.
>>526513815memeflags say the stupidest things
>>526515892>What's the point in minerals?This. It's like, there are DOZENS of elements on the periodic table, you know? Like, yeah, let me just pay for these groceries with Rutherfordium, it's exactly the same as money, some schizo losers on 4chan said so.
>>526518850In swiss cities they buy coffee with bitcoin. Can't really user silver or gold that way. Regular index funds or popular crypto is also better for decent ROI.
>>526519370
>>526503879Good video on the gold silver ratio and when to sell.https://m.youtube.com/watch?v=E1UXgNdspII
