/biz/ - Business & Finance

>>56315721
Money is dried up now. We're in a great depression whether they admit it or not.

The next play is Metals. The crypto sphere will likely consolidate into a handful of coins with actual utility. but the memecoins were just a symptom of the 2020 free money, those are gone now.

Metals mooning are basically 100% assured or society will collapse to pre-industrial revolution levels. geopolitical conflicts are going to induce a massive reduction in complexity of global markets.

70% of my wardrobe comes from op shops (other than suits)
I own 3 pairs of shoes one smart brown one smart black one Nike af1
drive $40k 4wd

this is what making it looks like, this is what you're all giving up sex for

How is capital created? browns need not reply.

>>55024998
If the USA goes bye, bye, Then exter's pyramid collapse. This is the time to buy real things.

>>54696348
At least it real!

honestly i think some people forget just how huge the gold market is compared to silver

you can't just have a bunch of rich jews hoarding silver. that doesn't work

>>54337388
On August 15, 1971, President Richard M. Nixon announced his New Economic Policy, a program “to create a new prosperity without war.” Known colloquially as the “Nixon shock,” the initiative marked the beginning of the end for the Bretton Woods system of fixed exchange rates established at the end of World War II.

>>54279081
So the Credit Suisse is DOA. Well, it going to get bumpy fast. Derivatives markets go boom!

>>54277771
Real estate is crashing. I would take the 40 out in cash, and wait for more bank runs. Once bank runs peak, then buy a lot of good shit. They say in 1929 with 25k you could buy most of chicago.

>>54267868
It call coming down!

>>54253097
Can you say over 1 quadrillion $?

>>51665134
HAHAHAHAHAHAHAH you live in the fantasy world you retard

>>30367794
The flippening will be into silver lad, not into another crypto scam. Make sure you don't get conned.

>>30189587
Of course it is.

>>29904348
No one is interested in spot price anymore. Its just nice to change worthless paper for cheap silver as long as its possible.

>>28564346
My stack is 100% silver. Not only is the GSR still quite high, silver has far more industrial demand. Without silver the “green economy” cannot function.

>>27733254

The case for silver has been here for 40 years and has nothing to do with Q. Go read "Hunt for Silver" about the Hunt Brothers. I hate Q and so does everybody else I know who has anything to do with silver.

https://s3.amazonaws.com/camppictures/CampArchive/Economy/Hunt%20For%20Silver.pdf

>>27725053

Yes, it's a sale of 2 billion fake ounces. They use a morally reprehensible practice called leasing to conjure metal out of nothing, and then sell it into the market. It ought to be illegal, because there is no conceivable purpose for which you would "lease" gold and silver, as they provide no benefit unless they are consumed. But what these banks do is lease the same metals over and over again without any accountability, so much so that that there are about 500 "paper" silver ounces for every real physical one. But this is also why they are 50,000% short and will go bankrupt if there is sufficient physical demand at the COMEX.

>>27662889

Exactly explained here:

https://www.youtube.com/watch?v=9EOPKizJ_Y4&ab_channel=GregHunter

"Craig Hemke –When Shorting Stops Silver Pops"

>>27659126

>Silver is a scam metal for people that can't afford gold.

The Hunt Brothers were some of the richest men in history and they chose silver as the means to preserve their wealth.

https://s3.amazonaws.com/camppictures/CampArchive/Economy/Hunt%20For%20Silver.pdf

In ancient Egypt, the GSR was 2:1 (2 ounces of gold were worth 1 ounce of silver).

Gold's mcap is $10 trillion, investable silver's mcap is probably a few tens of billions once you do away with all the paper (the paper:physical ratio is about 500:1). You won't squeeze the banks with gold, you will with silver.

>>27640105
This what you lookin for fren?

>>27508218

Physical metal in the earth is obviously there but the high-grade deposits are now completely depleted, governments have only 3 weeks' mine supply in stockpile, and the COMEX probably has only a few tens of billions of silver at best if you discount the fake paper. Only about 100 million ounces of silver are available each year for investment in bullion which is a minuscule market cap of about $2.5 billion.

This is why so many people are crying today
They went against our advice and bought paper when they should have bought physical!
Remember there is 300 Oz sold short for every 1 Oz in existence
If GME with 1.5 shorts was big gains, what do you think happens with 300 times the shorts!

>>27377222

>I doubt the bullion dealers will ever truly 'run out'. Theres fuck loads of silver about.