/biz/ - Business & Finance

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>>12705909
Silver is the worse option of all. It doesn't even trade with monetary premium. You'd have a case if people actually traded silver as if it was a money.

Silver will eventually trade down to $2.50/oz, too much fuckery. Idiotic long term hold IMO but $20 is possible short term. And by short term I mean in the next year or 2, because it's fucking metal.

>>12706009
>hurr ma durr bitcone will go to $100.

>>12706153
Actually, I think there's a chance bitcoin has bottomed already

Barely anyone on /biz/ will even care about silver until it spikes to $30 at which point FOMO will set in and every other post will be about silver.

How much silver to make it? Is 35 ounces good?

>>12706509
We'll see $10 before $30. Not because it's not worth $30+, but because it's literally the most manipulated market on the planet

>>12706545
>There's about 3.5 billion oz of silver above ground right now.
>Divide that by 21,000,000 Bitcoin gives a ratio of 167 oz of silver per Bitcoin.
Since it is widely considered to require 21 BTC to make it that implies you need 21*167=3,507 oz of silver. That doesn't take into account newly mined silver but since mining and eventual staking supply doesn't seem to affect infinite issue coins like Ethereum I disregard it.

>>12705909
Ill just join ww3 and hopefully get to shoot a few guys before I get blown up by a thermobaric bomb, then I dont have to worry about silver gold bitcoin or money and can finally rest

>>12706758
>We'll see $10 before $30
I hope so. Silver hasn't seen $10 since 2005. It would be nice to stack some cheap silver.

>>12706818
I got that big Engelhard bar I'm always posting when it was about $7.50

>>12706758

At around 12 USD it simply becomes too expensive to mine it in the first place

>>12705909
Yup i'll do it too

>>12705909
Considering getting some pre 64 junk because it's cheap fractional silver. On the right track?

>>12707055
There's nothing like jingling a big bag of silver coins
https://www.youtube.com/watch?v=mwSwi5P8VbI

Of course /biz/ the home of shitcoins and pajeets gets all into silver and not gold. Really sad!

>>12707737
hrnggggg

>>12707755
Gold is king of course. Big wealth will flee to it.

My little collection

>>12708424
hawt

Thinking about buying 5k worth of gold/silver

redpill me anons

>buying metal online
>storing metal
>selling metal to ???
>only making 30%
the absolute state

>>12709484
Second this, how do you even sell physical silver and gold?

I need an outsider perspective on some shit that's irritating me when it shouldn't be, anons:
>be me
>have an "in-between" job at a new city
>one woman leaves for a better, full-time job
>few months go by
>that same woman returns to my workplace to help out the manager
>she tells me of her new job and that they are looking to fill one more position if I'm interested
>better pay and great benefits
>i apply and get the job
>Thank her for awaring me on the job and shit
>She acts far stranger than normal
>She walks away and says "gotcha sucka"
What in the fuck is this retard doing?

>>12706758
My TA on silver says $9

>>12709619
TA was debunked in 1965

>>12709619
>TA
try tarot cards or casting goat's entrails. you'll get about the same outcome

>>12709652
>>12709688
weird that I've been living off of TA for several years now then... hm

>if I cant do it no one can

Even if silver goes to 700usd in the next 4 years youll need leverage. Unless youre already in a good fairly good position
Crypto is the first thing that can make metals as money redundant.
Metals mooning means inflation which means crypto will moon and no one doubts crypto moons being bigger than metal moons

>>12709722
Good for you.

Raw statistics means some people are gonna make it no matter what they do. Monkeys can beat hedge fund managers. https://www.marketwatch.com/story/how-hedge-fund-geniuses-got-beaten-by-monkeys-again-2015-06-25

>>12709771
the chance of success by random chance in several years of trading is infinitesimally minuscule. u jelly brah

>>12709722
a broken clock is right twice a day
imagine how much better off you'd be if you'd actually used reality to make your decisions

>>12706483
>Actually, I think there's a chance bitcoin has bottomed already
everday on earth, some idiot says exactly this

>>12709551
It would appear that she thinks she somehow "got you" and that she thinks you are "a sucker".

>>12706009
Silver is getting more scarce in the surface.
Silver is wasted in the industry, meaning tons are lost non stop.
Silver is needed for many products (best conductive, reflective, anti bacterial)
Yet somehow, with so much demand, the price will drop to $2.50 for reasons.

>not having atleast 100oz of silver

>>12710254
Only got 45 oz so far. And 1 oz gold. But I'm still stacking!

>>12706009