efbeaa No.3179 [View All]
You guys are buying silver, right?
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bd42f4 No.3904
Yes, just a bit over 400oz for me, focusing on gold now and have about 2.8oz
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bd42f4 No.3905
It's possible that silver prices could dip again to the high $14 mark, but I just don't see it staying their nearly as long as the last $14 dip did.
But with current market manipulations though, anything is possible…
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511dcf No.3907
>>3905
Silver is $15 and gold is $1300
JPMC bought almost a billions tons the past decade while shorting comex. An exec was charged in October for it. But chase wouldn't buy that much for nothing. They had zero physical holdings 2011 and now hold the largest amount of silver.
Also the us mints aren't making 90% silver sets anymore they'll all be .999 going forward.
Platinum is supposedly supposed to be 2x what gold is worth and Platinum is in the dod essential minerals list. Once gm and Ford show they're not producing any more vehicles because of over stock and demand down palladium will plummet and the others will even out.
Good board on this in qresearch.
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edb670 No.4015
>>3179
1% of my folio is set on Silver and 4.3% Gold , and same amount of percentage is crypto. Dunno what silver can be used for , i can think of about crisis safety when Britain and italy leaves Eu it could rise dunno
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dd7795 No.4033
>>3502
>Silver is the past, present, and future. It is timeless and will not be going away any time soon.
Does silver have any actual uses in industry or is its value derived solely from how pretty it's supposed to look on thots as jewelry?
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141377 No.4034
>>4033
>>4015
the value of both silver and gold come almost entirely from market speculation and conspicuous consumption. their use in industry or "intrinsic value" is pretty much negligible.
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0a0828 No.4077
Invidious embed. Click thumbnail to play.
edit: youtube -> invidio.us
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ba45a1 No.4078
>>4077
at the risk of stating the obvious: don't take financial advice from conspiracy theorists.
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1804fe No.4095
>>3179
I'm done with silver. Gold is more compact.
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1804fe No.4096
>>4034
Industry use keeps the price of silver down. Nobody would buy things like solar panels if silver was priced as gold is.
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1804fe No.4097
>>3495
It can be hard to distinguish, but it does have a distinct look.
40$ in 2009 has depreciated. Holding it this long resulted in decreased buying power that you could have had in 2009 had you spent it back then.
Silver was 10$ in 2009. It has retained value. Heck it was a dollar less than 30 years ago.(I don't remember the exact year or two it was)
Yea in a shtf scenario your friends and family and skill set will be of more use. But you can't guarantee paper money will be accepted anymore than silver would be.
As with any investment or trade, one should never go all in.
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822709 No.4099
>>4097
>40$ in 2009 has depreciated
that's because cash depreciates by design, so people don't hoard it like it's gold or silver. it's supposed to be the interim between your paycheck and your groceries and any actual investments.
>It has retained value
that's an arbitrary standard when the value of everything is relative. the whole point of investing is to benefit from other people's work, not just retain the value of your own.
>But you can't guarantee paper money will be accepted anymore than silver would be.
it's fine if your doomsday prepping, but that isn't investing. at best it's just some expensive insurance for appeasing paranoia. if you were actually worried about the end of the world then that money would go towards actual prepper considerations like building out a bunker or learning how to survive post apocalypse. but I doubt the majority of people who buy gold are seriously worried about it.
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fc35bd No.4100
>>3179
Do you still invest in buggywhips?
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3f7f9a No.4165
Silver has been historically priced at around a 16:1 ratio of silver to gold, this is also about the ratio of their respective geochemical abundances in the Earth's crust. Right now the market ratio is 84:1 meaning you can buy 84 ounces of silver for every 1 ounce of gold. Silver should be the big winner in the foreseeable apocalyptic future, don't be a faggot and complain about its weight
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a4d815 No.4177
>>3846
>Not understanding QE in 2019
You need to do some reading fren
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6d083b No.4179
>>4177
I understand QE. what I don't understand is why some people paint it as some kind of bogeyman. do people think that the government that they elect shouldn't have control over the country's own money supply?
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97d77c No.4181
>>4179
Just because you are against QE does not mean you are against the government being in control of the money supply. That's a false equivalence.
QE should be a last resort policy to deal with inflation during a recession, not something you use during the longest bull market in US history.
In my opinion it has similar risks to fractional reserve banking in that you are giving people access to more money than you have, it might work for a long time but it will eventually blow up in people's faces.
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375867 No.4182
>>4181
>In my opinion it has similar risks to fractional reserve banking in that you are giving people access to more money than you
hold up, the issues people have with quantitative easing are completely different than the ones people have with fractional reserve banking. QE doesn't affect the relationship between money supply and reserves. it's bond price manipulation; an extension to one of the fed's primary tools.
frankly, I don't see how you can conflate the two besides you yourself not understanding how one or both of those policies actually work.
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2848c2 No.4190
>>4182
>Imagine not understanding that when the Fed lowers interest rates, it makes loans cheaper, which increases the money supply.
It must be so freeing to not understand how the world works.
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bcb6e5 No.4192
>>4190
but the fed rate was never brought up?
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1496fd No.4213
>>3846
>that there's a mustache twirling villain in control of the world's money
dreidel spinning. And yes.
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739adc No.4271
>>4033
Silver is used for electrical and soldering work,
it's used for silverware (no pun intended), and jewelry.
It's probably used more than gold is for electronics, but Gold doesn't tarnish, and takes less to refine into the solid metal. Most silver in rock looks like black streaks, and needs some pretty toxic chemicals to alter into solid metal, so it's not something that you can just pan for in a river.
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a86728 No.4336
>>4271
don't forget about electronics and medical
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a84eac No.7477
>>3186
> economic nuclear winter.
there's been 2 now in 5 years and its going nowhere. its very tiresome
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c881bd No.7484
>>3179
You know I'm slurping silver!
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ecd9c9 No.7629
Wow, a silver thread from 2019, neat!
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78b35b No.7684
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d51e67 No.7723
>>3179
Nah, it basically tracks inflation but with a shit ton of volatility. At that point a treasury security does the same thing but with way less risk.
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c881bd No.7727
>>7723
>treasury security does the same thing but with way less risk
>fiat currency
>less risk than silver
Dumbass.
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e3908d No.7734
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d0cad9 No.7740
Anyone have links to the /pmg/ mints? I saved anonymint but lost the orhers.
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1bfaca No.7767
>>7727
He's right though, silver is for losers, the $US is more stable.
The only people in the silver cult are broke depressed incel losers who gave up on life. Lmao you know it's true
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1bfaca No.7768
Case in point this guy. Muh muh muhmust buy meme rounds for instalosses so I can be part of le secret club of incel losers
>>7740
>>7767
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cdf02e No.7770
>>7767
silver has only made me money. unless you're a retard who literally bought the top a decade ago, you're swimming in the profits.
tell us anon, were you dumb enough to buy SLV back when it was 30 dollars a decade ago? i say SLV because we all know you're not smart enough to hold physcial silver
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996026 No.7775
>>7767
>the $US is more stable
Wew lad.
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52c128 No.7852
man this whole thread is eating shit, kinda understand how you'd be sceptic in 2019 but after covid? hope you stacked
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445185 No.7856
>>7852
i never understood the haters. you'd think they just look at us and be like, dude they're collecting rocks. and would fuck off, but noooooooo. They have to come in and shit up the place.
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52c128 No.7866
>>7856
One would wonder why that is if it wasn't clear enough from the volatility spikes since 2020 and all the shorting and paper silver bullshit that tampering is afoot, which includes shills. cuck/biz/ had tons of them
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65783c No.7867
>>7770
People bought ounces for $50 five years ago
People bought Todd's garbage
People bought frog rounds for $138
People bought in 1980 and are down 90%
Etc etc, lmao nothing dumber than a stacktard
Yes they all lost bigly
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26d085 No.7901
The shills are so mad we're buying silver lol.
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277653 No.9022
>>7866
Wouldn't gold be a better option though. Gold is always in great demand and really easy to liquidate.
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dbb82c No.9414
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610ce6 No.9563
>>3186
>Anytime it gets a foothold the banks will shut it down.
Every year there is a production defict. Over 800 million oz total deficit over the last 5 years. It takes 10-20 years to start a new silver mine.
Silver is essential, and many of the industrial uses are not price sensitive. Silver routinely sells at close to $2.00 above the LBMA price on the Shanghai Gold Exchange. The fundamentals are sound, and the days of using the LBMA>Comex>ETF circlejerk as a guaranteed money pump are over.
Silver will move when it's ready. You'll know it's time to think about selling when you see the price go vertical.
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610ce6 No.9565
>>7775
99%+ since 1913. Leo Frank's fellow tribe members killed it.
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610ce6 No.9566
>>9022
>Wouldn't gold be a better option though. Gold is always in great demand and really easy to liquidate.
Same can be said for silver.
The main advantage of silver is it hasn't had it's price jump yet, so a dollar spent on silver today will buy more future value if invested in silver than in gold.
The main disadvantage of silver is the much higher volume to value ratio for silver.
Which would you rather try to conceal on/in your body, or carry 100 miles:
-one oz of gold?
-100 oz of silver?
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610ce6 No.9567
>>7867
>People bought ounces for $50 five years ago
Very few people bought $50 silver, and it would have been Eagles with a high ($18+) premium. That type of person will also be the bagholder at the end of the next bull run.
I eagerly await.
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610ce6 No.9573
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610ce6 No.9574
>>3502
Gold is the King's money.
Silver is the money of gentlemen.
Barter is the money of peasants.
Credit is the money of slaves.
Fiat IS by definition credit.
>A US dollar bill is exactly the same as a zero coupon, zero duration US Treasury with a par value of one dollar.–Luke Gromen
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610ce6 No.9579
>>3495
>What can silver be used for ?
>We will find another material to use if it goes up.
It doesn't work that way. For some things, there is no substitute. Silver is a key material in high efficiency solar panels. They would love to use something else.
Silver also has many other niche uses for which there is no alternative, such as bearings. Swagelok plates their stainless steel couplers with silver to prevent galling. There are literally hundreds of niche uses, but one of the main expected future uses of silver will be the new fast charge batteries for electric vehicles.
Let's not even mention the elephant in the room of military silver usage, much of which goes into specialized batteries in weapons systems that have to withstand years of shelf life under harsh environmental conditions, yet produce full power and capacity when activated.
These are not price sensitive applications.
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1c84db No.9752
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