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What /biz/ think about this silver squeeze? Is that a possible hapening?
>>27188196AGGGGG!! AGG!! AG! THE GOYS ARE BUYING PHYISCAL! THIS IS ANTISEMITIC!
It’s fucking happening. We are going to blow up the financial system.
>>27188196biz hasn't a clue about anything, they will fomo in at ath
The market cap for silver is so high that even if every single user of reddit and 4chan combined spent $10M each they wouldn't budge the price.
>>27188466kek this /biz/lets will be the ones paying 60% premiums.
>I bought the wrong rocks
>>27188477Wrong. You are talking about paper contracts, not physical silver.
>>27188196I buyed 10oz yesterday. Over time as I take profits from crypto I'll put them into silver.
>>27188196Only if you buy paper silver goyim. The real stuff is worthless, trust me.
>>27189073But that's what 99% of people are talking about>BUY SLV!!They can print forever
>>27189073Yeah and why would the price change unless those contracts were executed for physical silver?
>>27188196if it actually happens its THE happening
>>27188477Checked. Retail demand affects supply for industry demand AND etf warehousing/Ponzi scheme warehousing demand. If a lot of people buy retail physical, the effects could be remarkable as the other 2 must also keep buying to meet Production needs and Ponzi needs.
>>27189724They will be executed for physical silver. That is the whole plan of this squeeze.
a 50/50 buy into SLVRF, AXU correlates very well with SLVR. Together they both move 2x% move for every1x in SLV on the upside..So technically speaking for every 1% SLV goes up...they tickers combined will go up 2.4%..they are also insanely cheap...on is 55 cents a share and the other is 2.82Ill be loading up on these two monday
What do you think about Pslv?
Silver chads, I understand SLV is worthless paper garbage, so why does it closely track the price of silver while PSLV seems 2/3 behind spot? What is at work there?
So how do I buy physical silver?
>>27188477ignoramus alert.
>>27190139Because its supposed to track the physical price..thats literally the purpose
>>27190390there's a new PM thread on the front page every 10 minutes with a list of dealers - depends where you are - search buy physical silver in a non google search engine
Honest question. How does /biz/ feel about having physical Ag in storage? I use silvergoldbull. They seem pretty based and openly talk about PM as a hedge against fiat currency
>>27188196I like the metal.
>>27188196too many happenings dilute strength, but silver is pretty good for electronics
Should my mother buy silver as an investment? She's looking for something to do with her money but crypto is too scary for her
>>27189018gold will probably pump because silver is pumping, the two follow each other
>>27191383it's probably a good idea. things are looking pretty shaky right now. GME going to $300+ and instilling panic in jews all over the TeeVee isn't exactly great for market confidence.
Why is physical silver better?
>>27190623So what's the difference? If I want to buy an oz of physical silver I'm looking at about $28 which is roughly what 1 unit of SLV will cost me.
>>27188196It's happening. Shake out the $AG shorts and buy physical.
>>27191639because it's phsyical silverare you going to build electronics with paper?
>>27188477Only if you are an idiot and buy paper silver. You need to buy physical.
>>27188196Hedgie astroturf to get twittertards to look away from the GME situation so that hedgies have a bigger chance figuring that one out
>>27191639you hold it and its finite, the more you buy the more the mines need to go and dig up out of the ground which takes time. Its not usually noticeable but when lots of people start hoarding silver / gold it does start to strain the supply. plus having a few bricks of silver never hurts either in general.
>>27191383have her go 30% crypto, 30% EM etfs and 30% low-growth, high-dividend staple stocks that aren't going anywhere.
>high purity precious metals not taxed in CanadaLeafs can make the biggest dent
>>27191811SLV is "paper" silver. It doesn't exist.If JPMC goes tits up, (because it ran out of silver to deliver) SLV will go to $0 while the price of silver and PSLV will shoot > $100
Absolutely it’s how the meek will inherit the earth. Completely outside the system. They can’t control it or crackdown. We start our own money based on silver and gold. They bid our new silver up as they try to implement new technologies that are very silver intensive. Their value systems collapse and they are exposed. Leading to a rush for truth and real things. So much is tied to this hence the thousands of years of manipulation
>>27191383No matter what happens silver is always going to be a safe investment so yes
>>27191891But if I own shares in an ETF with futures contracts that mandate delivery of physical silver, how is that different?
>>27188196no. trusts like SLV have in their prospectus they can force settlement in cash. COMEX settlement is in warrants. warehouse claims. more paper. you have to actually buy silver and you have to do it in even greatest excess than the hunt brothers tried. it's been 50 years. it is easier than ever to get more, when needed. read their story. it won't work. someone is pumping precious metals.by the way, as a gold investor, i stand to gain money if you follow through with this. not a crazy amount, but probably a lot.
>>27191811the difference is that with SLV they fuck around with the market for it's securities. How do they do it? It's not actually backed with silver.If the spot price of silver pops hard, SLV will not keep up because they won't be able to acquire enough of it / won't be able to afford their short positions.It's like bitcoin. if you don't control the private keys, it's not your bitcoin.
>>27191811Bro Some people sont actually physically want the shit..they just want to speculate on pricing.When i trade oil i dont want the fucking 55 gallon drum in my driveway
>>27190139an offset from spot doesn't mean anything if it's always the same offset. some CEFs trade at a discount to NAV at all times, down to the penny (notwithstanding dividend). it typically reflects expenses or some other frictional loss.
>>27192111You are dumb as shit. If you buy a paper silver contract you buy rights to pull it outbof the ground at the agreed upon price.
>>27188196Someone can help an ignorant retard here? Can I buy physical silver by mail in california or i need to do it in person? Is it risky to buy it by mail?
>>27191811read the prospectus. please.>>27192468SLV is a trust fund.
>>27192529you can order it online without issue as far as I know but their is a poor tax on physical metal orders under 1500oz so know that.
>>27190071PSLV is run by a non-trickster, whereas SLV's custodian is JP Morgan who has manipulated silver for decades.PSLV is backed by physical silver, 10,000 ounces deliverable to any investor.if you can't buy physical, buy PSLV
>>27192529i send personal checks to APMEX after i place orders with them. they send packages back. i've never had an issue trusting them, my name and address on the check. if you really don't like it, try a jeweler, or an actual coin shop, if there's any left in your area.
Seems like you guys missed it yesterday.https://silverprice.org/silver-price-chart.html
>>27192468SLV isn't a paper contract retard it's basically an ETF.
>>27188196yes & /biz/ has been stacking for yearsI stopped stacking ase's, bars & constitutional when I hit my goal of my own body weight pound for pound in silver (220 lb @ avg of $14 ozt)Don't forget to pump my gold while you stupid niggers are at itI am delighted you moralfags are going to fomo in at retardulous premiums on the highest spot prices in decades to do me a solid.once again og's are playing you newfags like an orchestra.
>>27192468stop posting
>>27188196It's just idiotic rock holders trying to feed off GME newfag energy by using similar language / talking points.
>>27192924Lol the silver play has been in the background for a long time. A few investors have tried to play in the system to beat it. All we need to do is take the pshycal. And we essentially create a run on the bullion banks decoupling from silver. Gme was the first step in exposing the fraud. The silver play is the final boss takedown of the cabal you shilling cunt.
>>27192844they will by accident, because of the royalty structure of miners. GDX and EPGIX are the big killers now that we have permanently >2% inflation in the world's reserve currency. you drive almost any commodity up, and they go up. and what drives every price up everywhere, in fits and starts? inflation. and what unseats reserve currencies, permitting a reset? world war.bide your time, lads. bide your motherfuckin' time.
Lots of misinfo paid shillers in This thread. Keep playing in their casino see how it just keep son going.
>>27188196Aggy
>>27188196sounds good desu
If I'm poorbucks and don't care about silver being actually delivered to me because I wouldn't have large enough volumes, is SLV still a bad idea for the other issues with it or is it fine?
>>27194019go with the others, SLV is not a great option for whats going on.
Buy AG or Pslv, the others are paper silver no physical backing.
Is wisdomtree alright to increase silver exposure?I only have 10oz physical Ag but 6oz physical gold and 1k in GDX
-AG- first majestic silver. I enjoy the stock.
>>27188196Rate my stack. Roughly 35 ounces.
>>27191163iykyk
>>27188196this is hilarious to watch. The preppers who missed out on GME, the lolberts who missed out on GME but laughed at the hedgies going down, the leftwing nuts who wanna bring it all down, and some opportunistic metal merchants keep telling each other they're gonna "blow up the system man" by buying a useless hunk of shit metal. This is pure entertainment.
>>27190021What do you think about impact silver (IPT)? About to leave pennystock territory
>>27195312I use them as my ETF for Physical Gold / Silver.
If there was a run on silver, would you expect paper silver to go up or down?Maybe it will go up, because everyone is buying silver.Or maybe it will go down, because paper silver is no longer worth anything since there's not enough physical to back it up.Which way you think it'll go?
Living in CT for school. Went to APMEX to buy 2 oz of silver, total came out to 80. (62 + taxes and shipping) Is it really worth it buying that much over the spot price?
>>27188196Where can I go to talk to actual /biz/ traders and not reddit newfags?
>>27195520>hitla stamp but no reichsmarksstrange choice, but now i want a fuhrer stamp too
>>27196505if you want PM info go check out /pmg/
when does the bacon narwhal
>>27196334if a run is about to happen, I think the paper will go up for some time UNTIL it happens, someday, that some people understand the physical delivery is not able to be honored anymore.Then paper will be worthless and physical bullion price will skyrocket to Mars.IT is not a matter of IF but WHEN.
>>27192633>if you can't buy physical, buy PSLVSubtle jewry at work here. Of course you can buy physical. Do not buy PSLV
>>27188196Who knows but it's worth a shot. I'm in on it, have been in PM's for months, bought more buying more
>>27188196can you faggot stop spamming silver theads until after i buy on wesday
>>27196334Paper silver would go up initially, tracking the price of physical. The reason is that if it fell behind, the big banks who can actually demand delivery would do so for arbitrage. But once they run out of silver to deliver, paper goes to 0.
>>27196636the bacon narwhals at aadvark.
>>27189073The market is spooked right now, and short Squeezes just became the meta for the big money to profit. We make the call and start buying and some institutions will follow and start cannibalizing the others to stay in the game.
>>27190021Sounds goodHow do we do this with options?
>>27196904Just use your mind to alter the course of events anon
>>27188466Then this must be the ATH, because I'm fomoing in really hard right now
>>27196871physical silver takes down the robin hood optionand replaces it with outright state ban on purchase or ownershipin case of success
>>27196636>>27196888Shut the fuck up you fucking faggots and go back
we are about to kick off a world wide bull run on silver. whats going to be interested is how to government responds given they need silver to be cheap in order to implement the green new deal, setup a 5g surveillance state network, and all their other globalist bullshit.running up the price of silver will throw a monkey wrench in their great reset plans
>>27197028Scientia Potentia Est
>>27196775why not, the have 90% physical at the Canadian mint, trust them way more then SLV
>>2718847750B is the value of silver bullion/currency in existence ~5% of the total silver
>>27196871>But once they run out of silver to deliver, paper goes to 0.this is the ultimately YOLO bet. buying puts on $SLVpretty sure i saw a large print of like 8,000 put contracts on $SLV at $24seems like someone out there has taken that bet
>>27197012you could buy calls on Feb 19 AXU for .03 a contract. Thats damn cheap. If SLV hits $32..AXU should be about $5
>>27197128But that supply can change if there's increased demand
>>27197064This. Hoard all the silver in your basement so they can't make a robot to rape your ass when you refuse to kneel for BLM.
ponzi scheme filled with boomers patting each other on the back to cope with their useless purchases. everything in this industry is a ponzi but this more than usual
>>27197064trust and demand in precious metalsputs pressure on the US dollarbuying physical removes the robinhood option they pulled with GME or at least makes it drastically more costly for regime credibillity
from what I see the real problem would be the short amount of time to make it happen, while the silver could be resupplied it would take time, think the toilet paper thing earlier this year, the reserve exists, but need time to enter the systemfor such a strategy to work, people would have to zerg rush silver in an extremely short time
>>27188196Why are they able to trade so many paper shares compared to actual supply? Because so few people demand delivery. We need to buy up physical supply and DEMAND DELIVERY from the paper shares. This is how you squeeze them. This is how we win.
>>27197248its hard to mine in the middle of a (((pandemic)))most mines are operating at like 10% capacity. theyre idling, waiting for the restrictions to lift
>>27197343Silver is currencyIt happens to be the most conductive of the noble metals, which suits it's function as currency - with worldwide applications
>>27197393But futures outnumber physical supplies 500 to 1There is a lot of silver being mined, but not nearly enough to cover that kind of shortfall
>>27197280>NOOOOOO WE WERE SUPPOSED TO MAKE RAPE ROBOTS
>>27197368>buying physical removes the robinhood option they pulled with GMEim with you. i yolo'd my stimulus check on silver and invested a few thousand on $AG
>>27197189those calls would make you a millionaire if silver went to $50
>>27188196BUY BUY BUY AT LEAST THREE OUNCES OF SILVER
>>27188196it does occur to me that buying silver is low risk anyway, if it doesn't moon you justy hodl until it balances it self out again.am I right?
>>27195520I like your 90% silver old coins, just be careful you aren't paying massive amounts for collector value because only some strikes have that.
Canadian retard here, I wanna buy options whats the best ticker?
>>27197565I'm holding mine anyway I think until it hits 1k an OzIt's my new hobby
>>27197565>am I right?yes. its a very good place to park wealth. especially now given the USD is in the shitter and stonks are inflated
>>27197413Not here, and we are no. 2 in production, I doubt China or Russia have cut back either
>>27197686since biden fucked you guys out of the keystone xl pipeline you can do your leaf bros a favor and invest in $AG which is a mining company based in canada
>>27188196Boomer RocksThis shit is getting shilled to hard for me to take it seriously. The DD I've seen is lame, just the normal shit I see coming out of collapse mongers.Will get better returns on most anything else.
>>27197848im in north america, so im thinking about south america
>>27197738if it hits 1K an once a 6 pack will cost you $500 bucks.
>>27197395>Why are they able to trade so many paper shares compared to actual supply?because a high precious metal price discredits the US dollar as currencyit is basically enforced at gunpoint if you would test the system for its bottomline
>>27194987theyre saying that SLV is the one that is going to be short squeezed so WSB will try to explode it. Thinking of making a quick gain using that... thoughts
>>27197938>Boomer Rocks>This shit is getting shilled to hard for me to take it seriously.go buy dodge coin faggot
>>27197980It was $683.22 in 1980
>>27197980I think gallium will really take off. I like gallium, a lot. It melts in your hand.
>>27198033buy physical for the squeezethe run reverbrates up, silver is permanently shorted by proxy state actors to prop up a corrupt currency system
>>27198040Same argument. Also, my wife's pissed that she had a limit set on her doge coin. Hadn't checked in a month then it 10x but she only go 20% on her investment.
Talk about futuristic currency, non newtonian future bullion, semi liquid state metals
does it matter what I buy? Like is there a certain type of physical silver I should be focusing on? example: rounds vs ASE vs bars vs silver USD coins. Currently have about 1.50 face value of coins i;ve collected and just bought 10 oz in ASE and bars.
>>27198348.999 if you buy Ozif you buy other random things like antiques, solid silver
>>27198348junk silver will do if you wanna hold physical.
>Crypto-shilling children in this thread shitting on precious metalsLmao, go shill your "Chainlink" and "Peniscoin" elsewhere. There needs to be a containment board for these people.
Realistically speaking, how much could we expect the price of silver to go up by?
>>27198348925 Silver. Sterling is the jewelry quality standard in the United States and most world markets. It is an alloy of 92.5% silver. The remaining 7.5% is usually copper though it is sometimes other metals such as nickel.
>>27198679>>>/pol/305879839
>>27198134Lol
>>27198809Okay so? Like 800?
>>27188477HAHAHAHpaper faggot Miss the greatest wealth transfer in history The true crypto will be pegged to gold and silver
WHERE DO I BUY?PHYSICALOR OTHERWISEI NEED AWNSERS
>>27199036APMEX JDBULLIONLocal Coin store
>>27198679hard to tell. look at the 1978 run where it went to $50 (remind you: $50 was alot of money back then)nobody really knows. but this is looking like its gonna become a world wide movement, so it has massive potential. we may see institutions get in, like they did GME, which will further accelerate things.this is becoming more than just making money, this is something more akin to a financial populist movement, or financial activism, something we have never seen before, something that the elites are not prepared for. this could very well lead to bankers putting shotgun barrels in their mouths.
>>27198809what justifies the 5-10times reduction to 1970 in value?is there any rational reason you could think of?
Should I buy physical or PSLV?
>>27188477Buy the actual bullion you retard.
>>27198890A tidy sumI am holding past 1k no matter what happens
>>27199036Buy $AGhttps://stocktwits.com/symbol/AG
>>27190390APMEX, JM Bullion, there's a bunch of dealers.
>>27198559Biz was the containment board but for whatever reason its all stocks again instead of sneedcoin or whatever else faggot project they come up with
>>27192468Precious metal holders don't consider anything other than actual, physical metal in your hand worth anything. The absolute maximum we would accept is it being locked in a third party vault, and no that doesn't mean a share of some bar somewhere, the stuff I bought goes in the vault and I can go and look it, hold it and take it home whenever I want.
some anon linked this charta 5-10 times decline in value since 1970 all spikes to the former avg level against petrodollar squashed this makes zero rational sense it really looks like a massive short by state or quasi state actors
>>27199234>physicalis best>>27199263I second this
>>27188196Absolutely not going to happen. Gamestop is a once in a decade experience. They already tried to distract with AMC and people were left holding the bag. Same thing would happen with silver.
added some lines for retards>>27199569>Absolutely not going to happen. Gamestop is a once in a decade experience. They already tried to distract with AMC and people were left holding the bag. Same thing would happen with silver.such a convincing argument you have there. you almost just made me sell my bags
Do you know how much silver the fed and the Chinks are sitting on?Never happening, sorry
>>27199738are you a silverfag? can you explain why silver declined so much in value since the 70s?is there any rational reason for it?
>>27199253Nigger why? I have 36 ounces of silver, and I know for a fucking fact I’ll be cashing in to get $36,000. It won’t be that high in price for at least another 30 years.
>>27199850>are you a silverfag?back up your statement or stfu
>>27199850https://www.youtube.com/watch?v=EbqSrvlQVrw
>>27200173this here it makes no sense>>27199467
What is the marketcap of silver ? I don't think people have enought money to move it compared with GME where the market cap is limited.
>>27199253SO when do you expect we hit that? End of 2021? Next month? What are the expectations?
>>27199850wrong videohttps://www.youtube.com/watch?v=S1M8PTsj4LI
>>27191163You can not kill the metal. The metal will love on.
>>27200512nah that only explains the 1974 bump not the avg value>>27199467
>>27192529use fedex
>>27192205>But if I own shares in an ETF with futures contracts that mandate delivery of physical silver, how is that different?"We changed the laws and now we own your silver that you don't actually have in your possession"
Live in 20 minutes to discuss the silver short squeeze. Dont miss ithttps://youtu.be/whp26NU1X2g
does this silver shit affect those 90% US coins? I kinda found a tool chest packed with half dollars, quarters, and dimes in my late grandfather's attic.
>>27201538of course it does
>>27201538Yes, they'll be valuable as fuck
>>27201538>does this silver shit affect those 90% US coins?of course. i actually just bought 500 mercury dimes on thursday when i first caught wind of the silver pump
>>27188196Silver has been undervalued forever. It's about damn time
>>27198559Any investment is just a vehicle to protect and increase your wealth. I'm converting a small portion of my crypto to buy a few thousand rounds of silver and some gold bars.
holy shit kek JMBullion is totally out of 100oz silver barshttps://www.jmbullion.com/silver/silver-bars/100-oz-silver-bars/
>>27202089AAHHHH WTF! NO MORE KILO BARS EITHER! I was just looking at them yesterday!https://www.jmbullion.com/silver/silver-bars/kilo-silver-bars/
>>27202166FFFFFFFFFFFFFFFFNO MORE 10oz BARShttps://www.jmbullion.com/silver/silver-bars/10-oz-silver-bars/
>>27202089>>27202166About the only thing left at a good price is the Somalian Elephant rounds. Pretty good price, I guess.
>>27188196Similar things have been done before, see here>>27201659
Will I make it if I buy AG?
>>27190021>>27192633I bought AG am I retarded bros? It was so cheap
PSLVAG
>>27202965>>27202806$AG is gonna be a moon missionliterally the best playhttps://www.youtube.com/watch?v=whp26NU1X2g
>>27192019>its finite>mines dig up more
>>27199569Wym distract? AMC is a nice movie brand with online assets also
>>27192335>(((some people)))
guys if i bought silver on revould it will count like bulion?they write that bank will hold exposure on my silver
I believe silver is going to be in bull market for next decades, so it's safe to buy long term.
>>27191163shiny me buy
https://www.youtube.com/watch?v=whp26NU1X2g
>>27188196Just fucking buy. It's happening.
at 27 its a good price. my dad was a jeweler and says gold and silver are the real stores of value. buy silver and then go to gold right after. Gold will store its value more effectively. But gold is for after the silver spot price crashed.
I bought 10oz of junk Kennedy halfs today. Im going to buy another 3oz tomorrow. Curious where this is going to go.
>>27202965>trees don't grow bigger in Romania
>>27195312>HSBC custodianCorrupt as fuck, no thanks.
Silver bars are gone. All gone. You are too late.
>>27205074you can still buy a silver dreidel for $50 over spot, goy
>>27205074iykyk
>>27197368wrecking all these shorts (le cabals) would also decouple the real us economy
>>27189073yet you can manipulate and let people borrow silver you don't even own curious
>>27205178I clicked it and it says it is "selling fast". Just tells you how many idiots are in this #silversqueeze movement. It is getting big.
>>27192335>Not having a subterranean tank physical oil storage >ngmi
Any alternatives to $PSLV for us europoors? I can not buy american ETFs here :/
>>27205539>PSLVBuy physical silver
>>27196677>if a run is about to happen, I think the paper will go up for some time UNTIL it happens, someday, that some people understand the physical delivery is not able to be honored anymore. Then paper will be worthless and physical bullion price will skyrocket to Mars.Why would it be a good thing to own silver if the entire economy has crashed? Am I supposed to sell my bullion for 1 quadrillion pieces of paper? Are silverbugs suggesting we'd return to a barter system where silver owners are like kings? This all sounds like an idiotic pipe dream.
bros i need more silver but no place is open where i live
>>27188196Banks will come to an end if that happens. 401ks gone, cash flow gone, government gone, housing gone. you will have no cash, you will need to kill people to survive or be killed by people. its the great reset they didnt want to happen, but it must happen.
>>27205628silver has always had inherent value retard.if your portfolip doesnt consist ofSilverGoldLegally prescribed Amphetamine stockpileyou're going to lose it all
bros help me on this shit, i can get silver coins for $44 canadian an oz is this any good?
>>27205595I need to pay 25% VAT if I buy physical silver here though
>>27205539You can buy pic related
>>27188196It’s completely retarded for many reasons and believing in precious metals and cryptocurrency simultaneously is fundamentally contradictory.
>>27188477checked and imagine being so fucking stupid that you think the paper silver market is real. lololol. that is fucking rich, my fren. Buy and have the silver delivered to your house. If every single user of reddit and 4chan demanded delivery of phys silver, do you have any idea how fast the whole market would implode?
>>27206248crypto needs to be backed by sex for it to maintain value
>>27206248>and believing in precious metals and cryptocurrency simultaneously is fundamentally contradictory.Yes, it's called hedging your bets, that's the point, my friend.
>>27188477This. It'll take billions of $ to even prod the silver market, and billions more to dent it.
>>27205628You trade your silver for the new currency of the next economy at the Mich higher price. FIAT is just an asset at the end of the day. A shitty one that loses value as you hold it because the fed can magically make more of it, but an asset none the less. This is a hedge against the economic crash that's coming and for the new one to replace it, whatever that ends up being; barter, bullets, women, food, crypto, nu-fiat, etc.
>>27192468>You are dumb as shit. If you buy a paper silver contract you buy rights to pull it outbof the ground at the agreed upon price.
>>27195784Great company, huge territory with past history of producing many millions of ounces of silver going back 500 years, great management. Highly levered to a rising silver price.
>>27205539ishares physical silver
>>27205539First Majestic Silver is a miner which refuses to supply the COMEX.
>>27188196watched some video where a 4chan boomer was saying silver is a PnD?
>>27188477good thing its being shilled on twitter facebook and youtube then
>>27191891how do the markets know how much silver i hold?
Just picked up 60 oz
>>27205812how does $1300 CAD sound?
>>27206354Over 99% of the "silver" out there only exists on paper. Most of the remaining silver is "held" in repositories that don't conduct inventory audits.
>>27206248Disagree Crypto is an alternative to fiat, but gold has been a store of value for all of human history. It's not going anywhere
>>27206826And there are repositories of unrefined that don't conduct audits either.It will take a run that has never been seen to push the refiners to get to work.And it'll take something more to squeeze them.
crypto can be banned at any second. not saying you can't use your gains to buy pm's.
Im not touching SLVThey are gonna fucking restrict the bug tickers. Buy cheap miners
>>27206289>>27188477Hey idiots, I have been watching and thinking of buying physical silver for awhile. I've been watching the charts and inventory since covid started desu. In the last week all of the silver websites I frequent suddenly have no inventory of all the HUGE quantities of silver, and many 100z bars are missing.
>>27207014The question is how much the paper can absorb before people lose confidence in it. Bubbles are fine until they pop. I'm betting that JP Morgan is run by greedy Jews who are milking every last (fiat) dime out of the paper silver scheme and that they don't have nearly as much headroom as you believe.
>>27190390I got American eagles from the local coin shop for $31 each
>>27207170We always said that the game of musical chairs would stop playing quickly. Never knew that it would be this quick. Hope that those who had paper gains in Tesla or crypto or such like things managed to get some of it out before it was too late. No more silver left now. All gone.
>>27197557I got 4 can I hold until it's $7500/oz when JP Morgan starts getting squeezed?
>>27195569kike alert
>>27188196I bought AG calls.
>>27206770When they can't buy itAll of the silver suppression is done by trading paper silver, that is, certificates and shit, but that only works because there's enough silver going around for it to seem legitimateif you, and everyone else, buys silver, as much as possible, that trick won't work, it'll be clear that silver isn't as commonly available as originally thought, make sense?>>27207216There's going to be a lot of forces trying to stop the squeeze, but I'm willing to bet they don't have as much room to hide the shortage as they want everyone to believe
>>27207277Where are you guys getting these arbitrary prices per ounce Does anyone know the real possible price after the squeeze?
>>27191383No. Just buy ETFs and 10% Bitcoin in case it goes to 1 mil in 10 years.Apple and Amazon are safe bets too.
Its easier for (((them))) to pay a shop to say silver is out of stock than it is for (((them))) to blatantly manipulate the stock market.
>>27207489Silver should be $1000 an ounce on the basis of,1) The average historical wage, from Graeco-Roman times to the early 20th century (about 1/10th of an ounce);2) Given that 1980 was simply an exposure, by the Hunt Brothers, of the true price of silver when the derivative market falls apart, the 1980 ATH adjusted for real inflation (which is $966 according to ShadowStats);3) From calculating a DGR of 1:1 and a GSR of 1:15, as we had also in 1980 (1:15 is simply the normal historical average for silver; and the mining ratio is even 1:8);4) The short positions of the banks. GME was 140% short; owing to the big 8 banks, silver is 50,000% short;5) Common sense about the rarity and usefulness of silver. Almost no stockpiles (governments have only 3 weeks' mine supply), annual investable supply is only about 100 million ounces, less than a $3 billion market cap or about the same as GME before the squeeze. And yet silver is critical for modern life. Mining insiders say that pretty much all high-grade silver deposits are now gone. Silver is so rare that owning 60 ounces ($1500) puts you in the top 1% of owners. Owning 30 ounces of gold ($55,000) puts you in the top 1% of gold-owners. Gold is also mined at a mere 1:8 ratio with silver. Yet the GSR is 1:70. The historical average is 1:15: some say 1:10. The artificially suppressed price of silver is causing it to be consumed so fast that if we don't squeeze silver to $1000 soon, the world might simply collapse into a new Dark Age.
>>27207489>>27207594We did some rough math in another thread regarding the historical pricing of prostitutes and concluded that the price of silver should be about $3900/oz.
>>27200350The market cap of physical silver is about the same as GME. The market cap of paper silver is many times that. If people pile on paper derivatives nothing will happen. If people spark an actual shortage of physical things will explode.
>>27207698lol gtf outta here with that gay shit...making me ERECT over here. I bought a 1000 ounce bar earlier today
>>27207816This is why im confused with people buying SLV or even PSLV. sure PSLV is physical but still in theory. If they pull kikery whats to stop them from honering PSLV
>>27207216>>27207372I'd love to see it happen, but my guess is it'd take multiple decades of concerted effort.Silver is silver though, so its not like its a bad long term anyway.
Scottsdale Mint getting hammered
>>27208004Imagine the shit show that ensues when PSLV publicly states there's is not enough silver
>>27207698kek, if silver goes to 3900/oz, i will tear down a solar array at a nearby church. in minecraft.
>>27188196SLV isn't being shorted dumbass. That's paper silver just because it's fake as fuck doesn't mean it's shorted.Alright whatever I have some slv and some uslv go buy it so I can dump my bags.
>>27207698Was that calculated based on the formerly well to do housewife index?
>>27192205Not your keys not your coin. Extrapolate
>tfw no money>tfw 3k link in aave>tfw take 15k usdc loan>tfw go to jmbullion/apmex for gold and silver ox zodiac They got 1 kilo bad bois too. Its metal ox zodiac tbis year in time for golden bullcumLeggo
>>27191163I just wanna be a witcher. I need a silver sword.
>>27188477>>27189073>>27189959>>27190556>>27197128>>27199251>>27206289>>27206722>>27207170Completely debunked, guys:>>27208095>>27208095>>27208095>>27208095>>27208095
>>27207170Good thing I bought all of mine over 4 years ago. idiot.
>>27208417Oh shit fuck that proof coin
>>27208417from what ive seen jmbullion has the highest premiums. shop around
>>27188196GME really was a once in a lifetime investing event, kudos to DFV.Rest of you retards aren't going to make it. Buying SLV or increasing the shipping backlog of bullion suppliers does literally nothing
>>27191022If you don't hold it, you don't own it
>>27191022Fuck off glowie
>>27208457Youre a fucking moron
>>27207817>>27208240>>27208361>>27207698Here, have a shitty OC infographic.
>>27193110Good job explaining this.
>>27206354It seems like the kind of thing someone with 2 billion dollars would be interested in this if it kicks off.
>>27208875I am both laughing my ass off and barely containing my raging erectionNow I can only imagine the shitstorm of paper holders and the price of physical price on monday morningMay the creator of that pic live a thousand yearsI don't even know what's an exit strategy don't @me
>>27208496Thanks for the advice. Seems everyone does crypto now so im more flexible
>>27195784Its a top junior silver minor stock. Junior miners have potential 100x returns and that was BEFORE this silver squeeze started. Everybody lives impact. Also check out silver one. They have 30m ounces of silver they will start producing this year and they have a big ass property on top of that.
>>27188196
>>27197019are you buying physical?
Buying some ag on Monday morning, have hundreds of oz in us 90% silver coinage.
>>27210947Women don't have thoughts about this ind of shit anon, get real
>>27206248Both are detached from the current system, which is enough.
>App I use Let me invest in SLV and SLVP but not in PSLVAAAAAAAAIIIIIIIEEEEEEEEEEEEEE
>>27188196SLV cap is too high, this is a psyop all weekend long to distract on GME.
>>27212488>SLVLiterally a retard trap. Please try reading before posting next time.
i found 2 ounces of silver in an abandoned house, what do?
where would you even sell physical silver?
>>27213482I vaguely heard that if you bring minted coin of silver and gold to anything that they are supposed to reimburse you but someone else confirm
>>27213482to jews of course. they cannot resist the urge to give you money for gold or silver.
>>27192335That's because it's not feasible. If you could comfortably store that much oil, many would. The amount of silver that would put you in the top 1% of holders can be fit in a safe or beneath your fucking bed.
>>27208185>multiple decadesenough with the demoralization, fag. everybody buy silver
sillllllvvvvveeerrrrrrrrrrrrAAAHHHHHHH
>>27198033The only thing that will squeeze silver itself is buying up physical. If people transition from buying paper to demanding physical, you'll really start to see it get insane. Once paper holders realize 'oh fuck I have to cash out/demand what's owed to me, the value of the metal itself will raise.There's a reason why people say 'if you don't hold it, you don't own it'.
>>27213249A pawnshop near me has two gold medals, or some shit, from Nazi Germany. It's like a gold swastika, attached to a ribbon, like some kind of medal. I think the pair was $1200. They're cool as hell, but I feel like Nazi paraphernalia isn't the right thing to put money into.
>>27213482try google
Do you guys actually think people are going to buy your physical silver for $1000 OZ. Must be retarded to putting it in the form that's harder to sell back, I think silverbugs took over the actual SLV short squeeze plans
gamestop short squeeze is actually real, but what's up with silver? Why the fuck it will go in price? Did anyone short it?
>>27188196Remember that buying phyzz is a hate crime. The only legal way to buy silver is through a nice friendly bank.
>>27198679The only thing I know is that over 20% of all US Dollars in circulation were printed last year.
>>27215030His is why i got in, wish i thought to do it sooner. Im not looking to flip it fast, im looking to hedge against inflation/finNvial collapse
>>27205348>Walk into coin shop>Hand over my 50 silver dreidels like a boss>Silver has tripled in price so I should make tons of money!>He offers me what I paid for itKek
>>27208457>he wants to take delivery?>turn off buy orders>disable withdrawals>shut>it>DOWN
>>27208240Figure out how to get the silver out of people's teslas and you'll be a millionaire
>>27214246Pussy
>>27214581I believe it's shorted at 30% right now. It will go up in price if people join the bandwagon, it's already gone up from 25 to 27 and we're just waiting for markets to reopen to moon it. Silver holders are also a lot more stingy and will legitimately NEVER sell their silver, supply will always be kept low because of this + industrial demand.
>>27192063Are you saying all of Canada is chinks,? because you would be correct
>>27192844legend
>>27192744you are the fucking retard. Its not an ETF. 1 SLV represents 1 ounce of silver. You can redeem and take delivery in 1000 increments but no one ever does as the shipping and logistics is fucked. But technically you can.
>>27219246>you can take delivery of SLV in 1000 oz incrementso i am laffin
Buffalos seem to have the lowest premiums. Is this a good, common coin to own? I don’t want something obscure that will be harder to unload. Would Buffalos be good for my 1 oz purchases and go for bars for my bigger sizes? This is all silver related btw.
>>27217441What's a fwtdhwadoqa?
>>27220459Formerly well-to-do housewife with attractive daughter of questionable age
>>27192844If you get fat do you punish yourself by buying more silver at inflated prices?
>>27220956This silver purchase spree is making you small hats seethe so bad. I love it.
>>27197473Fuck that shit get me 10oz of uranium
>>27220401Generic buffalo rounds are fine, just get something close to spot price and do it sooner rather than later.
>>27207576Drew?
>>27219246>shipping and logisticsThat unironically isn't the problem. Brinks can take care of that for you if you live in any major city in USA, UK, Australia or Europe and even other parts of the world if you live in fucking Jo-berg or some other shithole. The issue is that JPM just flat won't give you silver if you are not on their special snowflake list
>>27191163
>>27188477>he doesnt knowstay poor
>>27208293printing paper silver certificates is shorting physical silver by inflating the supply. Think of the silver certificates as backed by silver, yet you print more and more and only add some silver here and there to the vault.
I work in international precious metals. AMA I will answer best I can without revealing myself.Fuck NiggersFuck KikesFuck JPMFuck RothschildsThe holohoax never happened but I wish it did.
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