/biz/ - Business & Finance

>>27206951
alot of us put some silica packets in with our silver too

>>26745951

>>26048116
In that case, could you maybe finally create a functional sea gold harvesting system by designing a a high surface area material and coating with gold particles, dragging it behind a boat for a few months, then pulling it out and sending the mat off for collection? I remember Oak Ridge had a fairly successful project where they reclaimed uranium from the ocean by making a high surface area polymer brushes functionalized with a particular chemistry that bound uranium from the seawater. They just towed it behind a ship that was at sea for a while, pulled it up, and were able to recover the uranium. Obviously aurophilicity would be a slower process, but it would happen faster than in sea bed treasure piles since the amount of unique gold on gold exposure events would be higher under forced convection.

>>23613624
For the same reason you shouldn't invest in 'luxury apartment buildings'. There is inherently nothing luxurious about them. A man of luxury doesn't have to hear, see, or smell a bunch of people not in his employ, and a man of luxury doesn't give a shit about the time of day except to gauge what sort of drink to pour.

>>22314494
He's trying, very patiently, to help you understand that the market cap for the silver ETF being so much higher than that of the underlying asset was not the results of healthy market. That level of disconnect was only allowed to occur because the custodians of the ETF were also the biggest shareholders and were allowed to hilariously abuse that authority. This is a market where you could only really make consistent trades by being an insider, right up until a sudden demand spike made a system built on massive naked shorts hyper-precarious for the first time in over a decade. It worked until it suddenly didn't.

The principles there also apply to the entire crypto space. Everything trades along fine and everyone ignores the Tether sized elephant in the room until it takes a huge shit on the floor. I thought that the PM paper market was bad for manipulation, but the fact is the entire crypto sector is a bunch of speculators trying to out P&D everyone else should have made you aware of what a time bomb Tether really is.