/biz/ - Business & Finance

I don't believe anything here anymore. IT's all shilling.

>>27266738
>their vaults are probably already empty
>mints have been careful with how much they sell since covid
>only buy physical silver from dealers or local coin shops
together we can destroy the coomex

your mother is just a meme, but here we are

>>27266738
Suppose I take a shit in a box and give you a certificate of ownership, are you going to buy that for $27/oz?????

>>27266926

>their vaults are probably already empty

let's asume that's true.
"ops we had less silver than we promised people we we would have..."
how is that supposed to hit them like the WSB/GME thing ?

>>27266849
yes... kikes everywhere, just like on /pol/

SUCK MY BALLS, KIKESCUM

I would guess it is a psyop to raise the price of their holdings to an astronomical level so they have a chance to pay off gme debts but they are actually probably completely retarded and fucked

>>27267527

there's no way to rise $+70b with this.

>>27267258
well essentially it's like a bank run anon. GME was proof of concept silver is the big leagues as they have been doing this since the Hunt brothers back in the 1970s

>>27267865

wouldn't they just buy silver from other ((banks))
i mean, it's hard to believe the full amount of mined silver could be bought up by a bunch of trolls and nazis
i mean, silver isn't the most expensive material, but come on...
to me it sounds way more reasonable to do the same shit with AMC stocks than fucking silver

>squeezing by buying physical products
this is such a dumbass meme

high silver prices will crash the whole banking system
kikes dont want this
either way its going down due to GME
just buy one share and HODL sweet summer child

>>27268398

nah, in theory i´d agree, i'm just not sure how much value silver really has AND EVEN MORE, if this will hurt the kikes at all, maybe even benefits them

yes buy silver, goy

>>27269200

the goy knows

SLIDE IT

>>27266738
>These institutions hold a total of 154,184,453 shares. Largest shareholders include Citadel Advisors Llc, Royal Bank Of Canada, Susquehanna International Group, Llp, Citadel Advisors Llc, UBS Group AG, UBS Group AG, Susquehanna International Group, Llp, Credit Suisse Ag/, Jane Street Group, Llc, and Parallax Volatility Advisers, L.P..
https://fintel.io/so/us/slv

>>27268313
Why can't they just by GME stock from other (((banks)))?
>because there isn't enough

There you go, anon.

>>27270381

why would they even risk getting caught
why not push price about silvers actual value to scare off potentional buyers

>>27266738
>how buying silver would hurt ((them))
Buying silver en masse has already been done. If you're poor like OP then you've already been locked out of the game.
Buying silver futures and taking delivery is what would not just hurt (((them))) but KILL them. They killed JFK for putting silver in people's hands through EO11110 and for attempting to stop the Israeli nuclear program.
Silver is a viable alternate currency to fiat and there's a lot less of it than you might presume, 200x less than what is traded on the market everyday.
>>27266849
>I don't believe anything here anymore. IT's all shilling.
No one is asking you to believe anything you brainlet

Noob here but the spot is not a factor to be ignored. More demand, more they can charge above spot. What happens when its commonplace to buy silver 10 bucks above spot because everyone is buying silver?

>>27267258
>how is that supposed to hit them like the WSB/GME thing ?
It's the same squeeze you fucking moron. Since they know they don't have the silver they claim they do, once you dry up their vaults and dry up every vault they have access to, all their silver future becomes valuated at $infinity, it can never be fulfilled. COMEX will suddenly start failing to deliver and that's when the entire international finance market will BREAK not just shoot to infinity.
Everyone who has paper stocks/currencies only will see their wealth disappear overnight. Only shares in REAL companies that produce real things will have value.

>>27267527
>I would guess it is a psyop to raise the price of their holdings to an astronomical level so they have a chance to pay off gme debts
They will never sell their silver that easily moron.
They also lost trillions already because of the GME situation, it's not just hitting that position but hurt all their longs and added risk to their trades which made a huge number of investment banks hurt.

You're all too poor to play the silver game but talking about it may get the richer people into it. Please just shut up and let the smart people talk. The silver short squeeze is phenomenal, all the retailers are out of silver and it hasn't even been 24 hours.

>>27268313
>to me it sounds way more reasonable to do the same shit with AMC stocks than fucking silver
Why? They literally issued shitloads of stock just a few days ago.
Do you understand that there is theoretically infinite AMC stock, even GME stock after they announce their earnings, right?
Fucking retarded frogposter.
>>27268398
>squeezing by buying physical products
UHHHH YEAH THERE'S TOTALLY NO FINANCIAL INSTRUMENT THAT CAN BE SQUEEZE
Dumb fucking moron.

How do you cash out when it moons? Who's going to buy it when it's overpriced?

>>27270903
>Noob here but the spot is not a factor to be ignored
The spot price decoupled from the real price a year ago. The disconnected is between $4-$7 and growing. But that's an illusion since the bigger players can take delivery on mini-contracts worth 1000 ounces still, on COMEX/LSE.
Buying those futures and calling the bluff by asking for delivery is the key here.

>>27271341
>How do you cash out when it moons?
You cash out the moment you take delivery.
You literally HODL the silver itself.
>overpriced
It's not about the money, it's about busting the banks, in which case the silver you're holding becomes worth $INFINITE.
If you don't understand that, then you don't even get the GME scenario.

Even bigger retard with a question here: Can't they just dig up more silver?

>>27271526
This takes time to mine process and ship

>>27271526
>Can't they just dig up more silver?
Digging up and refining silver is done at a loss unless it's a by-product right now. None of the big mines are active, except in South America.
Even if they activated them, we're talking $100 silver.
They can't produce enough silver for demand, industry will go nuts and suck it all up. They can't produce solar panels, and a thousand other things without it.
GME can issue an infinite number of stock in a few weeks in comparison.

only way silver works is it Elon memes it

otherwise it's a dead duck

>>27266738
>>27266849
>>27266926
>>27269200
>>27270770
Silver is going to pump because they need it for the new economy, which is going to be battery based. It is going to be the new age of development
>bronze
>Iron
>Industrial
>silicon
>silver
manufactures around the world are going to green energy. This requires silver for batteries. Silver for semi and super conductors. It is unavoidable and everyone knows it.

But the banks use these false flag raids. You really think the banks don't run wallstreetbets and shitpost over here to generate false consencus? Silver is going to run and (((they)) are going to use it as an excuse to wreck the economy even more so they can buy the dip even more and they will blame it on the plankton of the financial ecosystem instead of the sharks and whales.

>>27268313
they could but remember they manipulate the paper value that they trade while we are going to be buying the underlying asset.

what if these guesses are wrong and there's way more silver

just like with diamonds in that movie blood diamond.
so they would just say it's rare/will be rare...

>>27272802
Some silver nuts believe that a lot of the national parks are to create artificial scarcity in silver and when things really start to run the parks will be open for development. The move to mine uranium in some national parks is really to get at the silver.

Watch the news to find out when the silver will be "discovered".

https://www.coingecko.com/en/coins/mirrored-ishares-silver-trust

>>27273861

no thanks

as said, if it's that rare, why isn't the price on the moon right now...

>>27272952
Big if true. But it doesn't matter. I'd rather be in metals and crypto right now. Brand based guarantees provided by the hedgies are going bye bye

>>27272952
It's no secret that there are large reserves of a lot of precious natural resources in national parks. It's no conspiracy around silver, though.

>>27274306
You're the same kinda faggot that will cry when it does moon and you got nothing. If not fuck it my pirate and cowboy money stacks gonna be fat.
>inb4 hurr durrr you wasting money
Not everyone is as broke and sad as you.

>>27266738
There are 250 or more paper ounces of silver for each physical ounce of silver. The more physical silver that is taken and stored, the harder it becomes for them to keep the wool over our eyes. Buy physical and hold. That's it. These banks use silver to manipulate the entire economy. It's time for that to end.

>>27274564

>Not everyone is as broke and sad as you.
you wish, kike

>>27266738
might just be a distraction from GME. I'd say everyone fuck GME then silver. Stay focused

>>27275004
>kike

Lol bitch you projecting hard. Keep shilling against silver dumb bitch you helping the jews more than you know.

>>27275380

yeah whatever...

This is fucking retarded you guys.

Silver futures are backed by silver deposits.
But the futures have a 60 MONTH expiration. That means you are betting there will be silver in their vaults 60 months from now, you can't just cash it in today.

Furthermore, these futures are not designed to be cashed by an ordinary person. The logistics are not set up that way. 99% of futures are sold before being cashed, and major corporations cash them in, or more likely just settle them so they don't have to be constantly driving metal back and forth between depositories.

These silver depositories offer storage, and nothing else. The silver that's used to make these consumer products is NOT connected to the silver that's waiting in storage. It's not like the CNT depository is constantly selling off some of their silver to numismatic coin producers, it doesn't work like that. So you might cause a run on overpriced silver coins, but that has no affect on the futures markets.

In order for this to work, you need futures holders to be actually exercising their futures contract.

Semi newfag her. Been stacking silver for around 6 months have a decent sized collection for a poor.

What are the implications for this on the stock market?

Should i invest in silver mining stocks prior to market open and stuff like AG?

Also if this is a hedgie scam to get rich wouldnt investing in slv also be a good call and trade out early? Thanks

>>27275004
Project harder you fucking kike.
>>27275675
>Silver futures are backed by silver deposits.
>He actually believes JP Morgan
Retard.

>>27275210
It's speculation on GME. If GME works all the copycats are going to do silver on a larger scale. If GME flops then you can bet there'll be a sudden panic sell on silver as people backtrack.

>>27275675
>But the futures have a 60 MONTH expiration
There are futures that expire next month that you can buy now, fucking retard. 60 month is the maximum expiration.
Why are you spreading disinformation. Do you work for JP Morgan?

>>27275547
Awww cute you like to larp as a nazi so we don't smell the glowing kike on you. Try harder bitch you ain't that good.

>>27275675
>In order for this to work, you need futures holders to be actually exercising their futures contract.
Doesn't running up the value of physical silver and only physical silver directly incentivize that?

>>27275872

...said the obvious kike

>>27266738
This is a meme. All that happens is physical sells out. This is about to happen and has happened in some places.
Not much happens.

If you buy some paper silver and demand physical, they'll laugh, they don't have to give it to you and you're welcome to exchange it for fiat

So the price of silver will rise tomorrow, yes?

>>27271012
>Only shares in REAL companies that produce real things will have value.
>mfw i just realised how it could heart big tech
doubling down on silver, hopefully there is some cheap left on ebay

>>27276342
Its way to obvious man you are trying way to hard, but I guess we should expect that from a jew sympathizer.

Don't you have some money to go hide?

>>27275705
Can one of you fags break this down k thanks

>>27275675
Silver deposits are just a scam so that they can create new paper contracts from the silver they're "holding" for you. You pay them fees to do it too. Keep your silver in your hands and they cannot lend out on what they have.
All derivatives are created based on an underlying asset. It turns out because there are few checks and balances concerning the validity of their holdings in a particular underlying asset they have been bluffing the public for at least fifty years.
Futures contracts will be exercised if we call their bluff as a collective.

>>27276399
>they'll just run out
>supply and demand don't exist
>silver will never go up in value
Either your fundamentals or your intent is compromised.

>>27276527

>deposit on my old apartment came in
>want to buy more silver
>monument metals completely sold out of coins
Fuck, it’s really already begun huh

>>27271143
>all the retailers are out of silver and it hasn't even been 24 hours.
what of the banks bought it all?

>>27276969
all that happens is "I wish I could buy some physical" meanwhile paper is mostly unaffected, but pumped like 30% max

Some anon argued that JP Morgan will profit from a silver squeeze, but others argue that it will destroy them. How does this shit work?

>>27271377
Is it an illusion though? regardless of industrial volume, johnny come latelys will activate greed in pawn shops where most of the ppl trying to get in on this this will get their volume. Most notable exchanges can't guarantee physical delivery until 5 days from now, I think alot of unhinged idiots will pay 35$ to secure 25$ to be traded on spot or less within the week

Don't buy from ebay anons. That silver is already in the hands of the people. we need to drain silver from the dealers and the mints so that they have to keep selling to stay in business which in turn will greatly affect the parasites that live off of the physical assets

Silver is for antisemitic boomers

>>27279009
That insult would work on reddit but we're proud of it

>>27277932
The moment the demand thus price of physical silver diverges from the price of paper silver paper goes bankrupt, as there's an inherent feedback loop in which paper gets exchanged for physical to sell at a profit that is then used to self-perpetuate until the price either stabilizes or the exchange becomes impossible, at which point paper silver is just paper and can't be recognized as silver in any form anymore.

>>27266738
>>27277998
They have a net short position, so it'd destroy them. Significantly more than all the physical silver they have vaulted is owned on paper by someone else.

>>27271836
> elon memes silver
> price to produce tesla cars skyrockets

>>27280138
How does it compare to their short position?

>>27266849
it's everywhere. 4changs and reddicks will believe any screenshot that supports their delusions.

>>27266738
silverfags think the apocalypse is about to happen and want you to buy physical silver. now let me ask you, would you rather spend 2k on a silver bar for the collapse of society or less than that for a Bulgarian Avtomat Kalashnikova for the collapse of society?

>>27266738
ITS NOT AMEME BUT IT WOULD BE HARD TO PULL IT OFF

>>27266849
I warned you guys. /biz/ had a brief period of decency but now that it's become a target of public discourse you can forget about ever having your board back again against the endless flood of kike shills.