/biz/ - Business & Finance

Metal will reign supreme

>>28572839
Bake et.

>>28193215
what do you mean? they dont even need to print it, they can actively add and subtract 000s from any account they want at will at any time

>>28003782
on their website? 32-33 an ounce is on the cheap side, thats what my LCS is charging for maples rn

>>27890876
you ever try kilos or 100 ounce bricks? Asahi makes some good shit too

>>27534839 Reposting

- It costs miners $10.56 to mine and refine an ounce of silver, however silver mines are becoming increasingly exhausted by mid 2020.
- Silver has many applications in Medicine, Infrastructure, Solar panels, Electric batteries, Jewelry and much more.
- The average Gold/Silver price ratio during the 20th century was 47:1, it is now at a record 70:1. For perspective, the Gold/Silver ratio was 20:1 in ancient times.
- The Comex exchange only fulfills 1 out of 300 contracts, The actual supply of PHYSICAL silver is a fraction of what is being represented on the indices.
- Paper Silver to Physical Silver float ratio is being traded 186:1. The total market cap of PHYSICAL silver is much smaller represented.
- Don't Fight Rigged/Monopolized Silver Futures, purchase Physical > PSLV shares. The paper price of silver is essentially meaningless.
- Upcoming Basel III reforms will require banks to store an amount of physical collateral to hedge their liabilities between June 2020- Jan 2023
- Historical Median price of a home relative to gold is 100 ounces [during a depression] to 500 ounces [during a boom] of gold. Average median has been 300 ounces of gold or roughly 555k USD
- Fiat Dollar to Ounce of Silver by float = $4795 an ounce

Silver Facts:
- The average Gold/Silver price ratio during the 20th century was 47:1, it is now at a record 70:1. For perspective, the Gold/Silver ratio was 20:1 in ancient times.
- Silver is 10 times more abundant than gold, but currently priced as if it is 70 times as abundant.
- A kilogram bar is 32.15 Troy ounces, and an ounce of silver can make 14 silver dimes. A kilogram can make 450 silver dimes.

Video Links:

Silver Squeeze 2021 DD Starter Kit:
https://www.youtube.com/watch?v=3N6NY_1p-BA

The Federal Mint has the capacity to deliver 500,000 ounces of American Silver coins a week [ $15M USD at $30 an ounce ], JM Bullion alone sold 250,000 in one weekend weekend.
https://www.youtube.com/watch?v=tj2Y7cRxjQ0