/biz/ - Business & Finance

>all these alt media accounts reposting what wall street silver posts
>check it out
>it's just /pol/ bud lite edition, not one single post about silver for 1000+ posts

zamn bros, looks like the silber movement has been set back another 2 weeks x 9000 weeks

>wake up
>check the price
>silber actually touched $20 briefly

wtf rockcucks, this isn't normal

>wake up
>check the price

no further commentary

>>51181809

All right listen up silvercucks. Let me break it down for you in easy to understand words. You think youre buying silver for cheap? Think again. Theres a reason silver is "cheap" and will continue to be even cheaper as time goes.

5,000 years ago humans decided to use gold as money. However, it was inconvenient to chop up gold coins for smaller purchases. Silver was much more plentiful than gold and was therefore perfect to fit the role of golds retarded cousin, for the sake of having divisibility introduced into the financial world. The gold/silver price ratio hovered around 1:15 due to the supply of each metal at that time.

Heres the problem. Over 90% of all the silver bullion humans have ever mined is gone. Its been used up and thrown away. Gold on the other hand, has been preserved and treasured over many generations. Now if you were a midwit you might say
>less silver supply=higher price

But remember why silver had value in the first place. Its precisely because it used to be 15 times as common as gold, that it fit the role of the smaller money. In modern times, there is more gold above ground than there is silver. Silver is no longer good for divisibilty in a world of metal based or metal backed money. Thats why you see this long term trend to price parity with other industrial metals such as aluminum or steel.