/biz/ - Business & Finance

lmao that's a dead shitcoin chart if I've ever seen one

>>18555154
except silver has real world value while shitcoins don't. it's all about the fundamentals

>>18555123
Depends on paper silver manipulation.

>>18555123

Silver mooned in 1980 because two lunatic billionaires tried to get a corner on silver, buying literally all the bullion and producers they could get their hands on, and they failed and were ruined.

Until that happens again, silver will never even come close.

>>18555194
The real world value is silver is dogshit. If you bought silver 30 years ago you would be poorer.

>>18555233
they failed because the fed and treasury and banks shorted the market and they have been keeping it s rice down ever since. the say people realize the value of silver, their fiat ponzi stops working.

I like how silver and eth have the same chart, this is your fate eth maxis

>>18555123
Is it worth getting anally gored at this point by the premiums or not and anticipate a possible drop before the second wave hits? Despite spot being at $12, realistic prices outside of treasurers loaf is at $20.

shiny metal freaks are almost as delusional as BTC maxis
makes for great entertainment tho

>>18555123
Yes. Next Thursday at 14:23 UTC

>>18555194
silver is dead

>>18555123
This chart looks similar to Bitcoin now....please tell me it’s not going to take 20+ years for Bitcoin to moon again...

>>18555194
>The real world value is silver is dogshit.

>Most reflective metal
>Huge aerospace applications
>Best conductor of electricity
>Historically has been a precious metal used as currency and is talked about in the Bible and Quran
>Cheaper and easier to obtain than gold or platinum
>Mines shutting down and distributors selling out

How do you even make it though your daily life being this stupid?

>>18555946

Silver also does not have the massive counterfeit bullion problem that gold does. God alone knows how many physical gold bars are actually tungsten-osmium alloy with a thick gold plate

>>18555123
Silver has absolutely no use case except fighting vampires. Gold atleast has use case in electronics

>>18555123
WTF OF A SHITCOIN CHART

>>18555944
>>18556431
>being this retarded of a cryptokiddie
Shitcoin is subject to market and currency inflation; no matter how much you want to cry about muh ancapping.
Silver, outisde of Gold and a select few governemntal bonds, is one of the few commodities on Earth with retains nigh equal value in spite of the market/inflation. So, even despite the drama of the market being cornered and monopolised by two independant (((investors))) without any friction from a single fucking governemnt or NGO (the spike in 1980), the price of Silver today is still much closer to the relative the the value of the same amount of money it was worth many decades/centuries ago.

tl;dr The chart isn't reflective of the price of silver, it's reflective of the value of money in general against silver (ironic, given one of its uses is that it's one of the most reflective substances on the planet)

>>18556412
This has to be a troll.

>>18555946
>>18556358

Lost all my money in silver. I've been hearing this sort of thing for 12 years. No matter how much you talk silver up, it doesn't change the fact that the price keeps going down.