/biz/ - Business & Finance

[Anonymous No.27367806]

>why would I buy silver, that's not gonna stop bullets
>how are you going to trade gold for food and ammo when SHTF

Do you retards seriously think most people are buying precious metals because they're expecting to trade it with bandits like fucking mad max?

Here is why high-IQ people hold PM's: eventually (probably), the music is going to stop and people are going to realise how absolutely worthless fiat currency is. At that point you'll be able to trade your pm's directly for property or land far exceeding what you paid OR just trade it back to fiat when you want to buy something.

Seeing you losers not even being able to comprehend that there could be anything between "now" and "post apocalyptic society" lets me sleep well at night.

[Anonymous No.27368005]

100% based and true

[Anonymous No.27368058]

the next currency will be gold backed. its a bet to sell your gold to the central bank or buy a house / land directly with it. no apocalypse required, just a repeat of something that has happened many times before

[Anonymous No.27368607]

>>27368058
Here's another one that has appeared hundreds of times in the last few days:
>gold isn't an investment

If you can sell something for more than you paid for it, surely that IS an investment. Such a brainlet take.

[Anonymous No.27368944]

buy one silver coin for $20. Make colloidal silver for all the wounded civil war vets sell at $3000 a gallon

[Anonymous No.27369202]

If and when the Comex silver market implodes, so should the paper market for silver. Nevertheless, can this happen and will it happen?

Also, if a Comex default does occur, what are the likely scenarios and aftermath that will impact silver traders and the price of silver? The following sections explore the increasingly likely possibility of a Comex default in further detail.

Inability to Deliver Physical Silver

Perhaps the most likely scenario of a Comex “default” would involve the inability to deliver physical silver into its futures contracts because of a pronounced and protracted physical metal shortage.

In this case, those holding paper certificates instead of actual physical silver will probably be settled at the cash value of their position once the physical delivery problem finally comes to a head.

At this point, trading in silver futures on the Comex will probably also be halted temporarily while the market figures out the real price of physical silver.

[Anonymous No.27369339]

Pricing Implications of a Comex Default

Of course, a Comex default of this type means that you will not be able to buy silver from the usual markets until the dust settles. Also, when said dust has finally found a resting place, silver will undoubtedly be priced much higher.

That is because the price of silver will be based on the actual amount of silver metal in circulation, rather than on the inflated amount of silver paper that has suddenly been turned into paper money instead.

Some of the silver pricing figures proposed are difficult to believe outside of a full dollar collapse (on the order of $500+/ounce), but seeing the price of silver more than double from where it is today would be trivial in a Comex default scenario.

Indeed, if silver’s price were only adjusted to the historical 17:1 pricing ratio with gold, then silver would be trading at roughly $100/ounce, which is basically triple the current price.

[Anonymous No.27369443]

>>27367806

[Anonymous No.27369535]

>>27369443
Hahaa bingo

[Anonymous No.27369818]

A Comex Default Would Help Discover the True Price of Silver

On a global basis, the value of money shrinks when compared to the actual value of silver metal. The discovered price of silver after a Comex default would therefore rise, but the key is that the result would be a more accurate and un-manipulated price based on the higher intrinsic value of physical silver. This is what the silver market currently lacks.

As silver analyst, Ted Butler, has pointed out for decades, by virtue of concentration, the paper metals futures market and OTC derivatives are currently being used to actively manipulate and interfere with the price discovery mechanism of silver and gold for profit, with the covert goal of suppressing precious metal price increases in U.S. dollar terms.

Nevertheless, silver is much more strongly manipulated via this mechanism, so the presumption is that when actual price discovery happens, the market will see silver's price rise significantly. This is why long-term silver investors say that silver is on sale.

If and when a Comex default does happen, traders will also probably see at least one major bullion bank (J.P. Morgan Chase) require some sort of extraordinary support, which might be done covertly to avoid exposing the manipulators acting behind the scenes.

[Anonymous No.27369892]

>>27369443
This pretty much.
A complete SHTF is unlikely.
I still remember the post-WW2 stories from my german grandparents though. you could buy land for absolutely nothing, even in big cities

[Anonymous No.27370146]

>>27367806
>Do you retards seriously think most people are buying precious metals because they're expecting to trade it with bandits like fucking mad max?
I always thought this about retards who are hoarding gold and silver. If I'm in a post apocalyptic society it's gotta be bartering, you're not getting my water for a brick of shiny shit. I think MAYBE years after when society starts to rebuild they could adopt a currency system, but not right after.

[Anonymous No.27370436]

>>27370146
Yeah but the point is we're not hoarding it for that scenario (well i'm sure some nutters are).

[Anonymous No.27370539]

My local retailer was almost out of silver

[Anonymous No.27370544]

>>27367806
I miss playing in those things

[Anonymous No.27370590]

>>27370146
And we’re the crazy ones?

[Anonymous No.27370630]

>>27370436
What for then?
It's not like there is a shortage of silver, one anon said all the above ground silver could give everyone on earth one ounce or something like that.

[Anonymous No.27370725]

>>27370539
It's not worth buying in the UK since we left the EU. Previously you could import it and avoid paying the 20% VAT.

[Anonymous No.27370968]

>>27370630

9 ounce per person in USA...

[Anonymous No.27370977]

>>27370630
>everyone on earth has one dollar
Oh boy

[Anonymous No.27371029]

>>27370630
same applies to printed money? no?

[Anonymous No.27371113]

>>27370630
I mean at worst it's just another asset that holds it's value. So when the government prints a shit load of money, they aren't stealing money from your bank account.
At best it's a massively undervalued asset because of manipulation by whoever and will be worth a shit load when they get caught out.

[Anonymous No.27371235]

>>27370977

Wait until Comex defaults.

[Anonymous No.27371586]

>>27371235
When do you think it will happen?

[Anonymous No.27372104]

>>27371586

The shills are currently playing the Sun Tsu tactic of appearing strong when they are weak...

I give it until the 4th

[Anonymous No.27372611]

>>27372104
4th of February?

[Anonymous No.27372720]

>>27372611

4th of February

[Anonymous No.27372744]

>>27372104
I've been following the comex crash rumors in /pmg/ for what seems like YEARS but this time seems like it might have some momentum.

[Anonymous No.27373137]

>>27370725
aren't britannias tax-free for you?

[Anonymous No.27373213]

>>27372744


If and when a Comex default does happen, traders will also probably see at least one major bullion bank (J.P. Morgan Chase) require some sort of extraordinary support, which might be done covertly to avoid exposing the manipulators acting behind the scenes.


(Queue shills posting mutilated animals and people, as well as scat porn on buy silver threads)

>>>/pol/306115981

[Anonymous No.27373567]

>>27373137
You don't pay capital gains tax on any gains when you sell them, but you have to pay 20% when you buy the silver. Before christmas you could import it from Estonia and not pay any VAT. Gold is VAT free through.

[Anonymous No.27373860]

>>27373213
I'm data mining /pol/ and /biz/ and the amount of bot-posts in PM threads is literally off the chart at the moment.

[Anonymous No.27374172]

>>27373860

The sad thing is anon, while DARPA are up to shenanigans

The once posted the violence are MKultra "Cyber Delta"

You'll find them posting images of children killed in war and making jokes about it...

This is who we are dealing with but if as they believe that Might is Right, they are in for a very Nasty Surprise

[Anonymous No.27374682]

>>27374172
>0 search results
What is cyber delta?

[Anonymous No.27375020]

Buying physical silver in Europe is fucked because you have to pay like 20% VAT which you don't get back when you sell it, on gold you don't have to pay VAT though.

[Anonymous No.27375100]

>>27374682

Cyber Delta is someone who has under high exposure to trauma programming to scar the brainstem and overload the amygdala (fight or flight), such as these images:

>>27368944


That poster is a Delta MKultra subject

[Anonymous No.27375149]

>eventually (probably), the music is going to stop and people are going to realise how absolutely worthless fiat currency is
People have been saying this since the 70's.

[Anonymous No.27375258]

>>27375149

Were they in permanent lockdown in the 70s?

[Anonymous No.27375476]

>>27375149
And how much has money inflated in that time? Remember, it's only been 57 years since we stopped making money out of silver. In a person's lifetime, that may seem like a long time, but historically that's not very long at all. Over 20% of all US Dollars were printed last year alone. This is something we can't ignore.

We didn't 'avoid an economic crash'. We simply substituted inflation for deflation.

[Anonymous No.27375530]

[Anonymous No.27375549]

>>27375258
No just gas shortage, Nixon resigning, domestic terrorism, the vietnam war and recession at the end. People act like its bad now, no we can easily stay home, have food delivered, work from home, get entertainment at home. People have been predicting this crash of fiat for 50+ years. The price of the dollar is fixed by the government, the system is rigged and they aint letting it collapse.

[Anonymous No.27375606]

>>27375149
Yeah I know, but governments are printing an insane amount of money at the moment and a similarly huge number of people are finding themselves without a job.

[Anonymous No.27375724]

>>27375549

Ah so bread and circuses on the hamster wheel.

Well let me tell you anon. Kairos and reigning over Kronos in the Krash

[Anonymous No.27375857]

>>>/pol/306120000

[Anonymous No.27375882]

>>27375606
>>27375549
If the dollar actually collapses you wont be able to buy food. You really think there's enough gold or silver in the world to support even our economy? Buy it if you like,. hold it and make your money but if the dollar actually collapsed good luck spending your gold anywhere.

[Anonymous No.27375892]

>>27368607
>It's not gold going up it's the dollar going down!
Even pm advocates like Macleod parrot this
They don't think that demand for gold can rise faster than the demand for other things, which is what the value of something going up actually is

[Anonymous No.27375894]

>>27375100
Oh yeah, that did seem a bit weird.

[Anonymous No.27375906]

>>27375530

[Anonymous No.27376007]

>>27375724
Yes as someone whose seen this cycle over and over again I can say. Same as it ever was.

[Anonymous No.27376072]

>>27367806
dont people realise they can just open up the mines and buy up peoples silver spoons, cup, pots etc for cheap if they need it?

[Anonymous No.27376071]

>>27370630
>What for then?
Did you read to op you absolutely retarded fucking moron?
Jesus christ get an advisor to invest for you

[Anonymous No.27376181]

>>27375882
Hey, i'm not gonna be trading it for food, i'm gonna find someone with a fuck off house and land and offer to buy it from them with gold since no one is going to sell a house for worthless currency.

[Anonymous No.27376270]

>>27375894

Trauma Based Mind Control

Time for The Devil to Traumatise the handlers methinks

[Anonymous No.27376317]

>>27376072
I mean they can open up more mines yes, but this takes a lot of time and there is a limit, and your second point, how much do you think an oz of silver would have to cost for that to be a worthwhile exercise?

[Anonymous No.27376456]

>>27376317

178 years it will take

[Anonymous No.27376502]

>>27376181
Sure, good luck finding them or them not shooting you in the face. I'm sure they would want to trade their security for gold. Chicken little has been screaming the collapse of the dollar for years now. I've seen this cycle repeat over and over again. Buy your gold and make your money if you want but plan for a future that doesnt involve you somehow surviving the collapse of civilization. More than likely if you did survive you'd want to eat a bullet withing a year or two anyhow.

[Anonymous No.27376864]

>>27376502
Haha you are insane, 1) even if your countries currency collapses, it's not gonna descend into COMPLETE chaos you fucking maniac, 2) As mentioned, this isn't even about the dollar collapsing (although that would be a bonus), this is about the COMEX defaulting because they've been manipulating the price of silver.

[Anonymous No.27376877]

>>27367806
>why would I buy silver, that's not gonna stop bullets
Why do Americans talk like they use their guns for anything other than shooting up schools?
>Election status: Stolen
>American sovereignty: Ruled by Jews
>China: Jews sell American assets to China
>white genocide in America: accelerating
You fags have all your guns and this has been going on for 60 years and you have done shit all
Go larp somewhere else faggit
You Amerimutts stink

[Anonymous No.27376986]

>>27376502
As mentioned in the OP, cunt, most people AREN'T holding it expecting to be trading it for food and ammo.

[Anonymous No.27377098]

>>27376877
What are you talking about, did you even read the OP.

[Anonymous No.27377617]

I like metals because it has historically been money, but people buy houses with cash for now. If fiat is worthless then I have nothing to fear with my 105k mortgage. If you want a house or land why not buy that instead of shiny rocks that got namedropped a lot way back when before steel was invented? If it's because number goes up how is this different from just buying stocks or crypto? It looks like fun but a lot of the fantasies are hard to follow because we can already buy land and food. It's fun to stack and a more interesting way to diversify a portfolio but I think my link and VTSAX will make me rich before my grandpa coins will. It's telling that basically any coin is worth more as a coin than melt. If people really wanted silver and gold then casting grain or 1, 000oz bars would be the main thing people are after among stackers. I'm seeing 2020 silver rounds going for $20+ above spot. I just can't shake the feeling that it's beany babies for refined gentlemen of culture that are simply smarter and better than everyone else.

[Anonymous No.27378409]

>>27376877
I only use my guns to kill noble animals. It puts food on the plate and makes for a pleasant way to spend my time. Well I don't eat coyotes or armadillos but fuck those noble assholes, I shoot. Aside from it being illegal I could not name even a single politician worthy of a bullet from my guns. I hate them, but my guns deserve better than to be dragged down to such a base action. Also if I'm in prison I can't shoot critters or eat them or go to the woods whenever I want.
You completely miss the point of why Americans love guns. Guns = good. Politicians are bad so I don't even know how you got good things and bad things confused for each other. Don't you have politicians in your third world country anyway? You don't even have nice stuff like guns to distract you from the problem. It is not an enviable position to be in.

[Anonymous No.27379394]

>>27377617
I mean I agree and i'm doing both, but buying property has a higher cost of entry along with maintenance etc, but specifically i'm holding PM's are they're undervalued (which is the reason you'd buy anything right? You wouldn't buy crypto or stocks either if you thought they were valued correctly?)

[Anonymous No.27379595]

>>27377617
More specifically, i'm holding pm's because of the threat of the comex defaulting (which will cause pm's to moon insanely high), and there's less risk holding them over crypto in general.

[Anonymous No.27380382]

>>27367806
Nice fan fiction

[Anonymous No.27380590]

>>27380382
yeah that response seems totally in the correct context

[Anonymous No.27380755]

>>27368607
Technically Gold is not an investment, it’s speculation.

It’s not investment because a piece of gold doesn’t create more value by itself. Whereas a profitable business does.

Still, it’s an irrelevant point. There’s nothing inherently wrong with speculation, it just means you’re pre-empting future valuations.

[Anonymous No.27381184]

>>27367806
>Here is why high-IQ people hold PM's: eventually (probably), the music is going to stop and people are going to realise how absolutely worthless fiat currency is. At that point you'll be able to trade your pm's directly for property or land far exceeding what you paid OR just trade it back to fiat when you want to buy something.
lol no

[Anonymous No.27381278]

>>27375149
>eventually this tree will fall over
>uh well it hasn’t yet so therefore I conclude that it never will

[Anonymous No.27381441]

>>27380755
Okay yeah that does make more sense. So just the wrong terminology to call it an investment.

[Anonymous No.27381901]

>>27381184
what do you mean no, that is literally what you can do right now if you had bought a few years ago.