/biz/ - Business & Finance

>>27308635
Yeah

Silver is already above $50 an ounce. Paper silver hasn't caught up yet.

>>27308635
The good thing about silver is you can just keep it until the economy collapses.
Sorry your get rich quick scheme was a but, but you will be thankful in the long run.

>>27308635
Hey man at least it's .9999

>>27308635
just relax. enjoy your new hobby.

I dont watch videos of my grandpa buying a coke for a nickle and get mad. This is the price now, youre good.

Should I buy a silver etf like $PSLV? Or buy real silver online/in store?

>>27309471
the premiums are bad right now in physical silver

>>27309471
OTM calls

I was going to buy Australian eagles from perth mint today but I waited too long and now they are sold out so I got some kangaroos instead. I think everything is sold out except for one ounce kangaroos 2021 and ten ounce bars

stackin high fren

>>27308635
I hope you didn't really do this OP. Fuck man...

>>27308635
Someone tell him.

>>27309859
i literally put my life savings into PMs this week online im scared they will be lost in transit kek

>>27309726

I bought 7kg of silver bullion last year at AU$20 an ounce. I dunno why you guys are buying the top lol

>>27309934

>>27308635
I've bought silver at $14, I bought silver today. There's never a bad time, Anon, 500oz is an excellent starter pack, and enough to keep you comfy. Be patient and know you made a wise decision.

You are doung your part anon anyway silver going to 500 eow

Silver is being shilled by hedgefund bots you're literally throwing your money away.

>>27308859
>above 50$ an ounce
says who?
Even the sites that are now running low on stock are still selling for 30$ or so per Oz

>>27310380
>30$ or so per Oz
link?

>>27309985
>Note to self
>Don't order online

>>27308635
good mate
get thox boxes regularly and you set for life

>>27310442
https://www.moneymetals.com/canadian-woodland-caribou-34-oz-9999-silver-reverse-proof/586

They are all out of stock on pretty much everything, but they also haven't bumped the price above 40$ per Oz (yet).
But I think the price is rising as we speak.
It was still at 28$ a couple hours ago, and before that 27$, and yesterday at 26$

>>27310380
>one ounce kangaroos 2021
cheapest ive found is $36 for 1 oz rounds

>2021 apparently doesn't have "Milk spot" issues and has some kind of "forgery-proof" pattern that's difficult to reproduce

Nigger if it cuts through ice like butter its silver

>>27309934
Yeah that would be stressful bro, you'll be all good.
>>27309985
I think anon would off the postman for that.

>>27309949
I'm mostly in crypto but I have a small silver position and if this is going to be like GME and AMC I'm happy to contribute to the war effort.

>>27310736
thats 3/4 of an oz you dingus

>>27309985
this never happens because all mint packages and even dealers insure their shit against niggers.

>>27308635

crap. was going to try to snag a monster box of maple leafs tomorrow

>>27310826
>Nigger if it cuts through ice like butter its silver
???

>>27311312
https://www.youtube.com/watch?v=bEsyy5oczQg
2:29

>>27309934
>>27309985
>>27311224

I made sure it was fully insured would be insane to buy online otherwise obviously.

I picked up 50oz at $31 per ounce on Friday. Feels good bros. It’s never a bad time to buy more. Silver and gold will always be money

>>27310064
This anon gets it. Been stacking since 2008 and I will keep stacking until I can't buy a silver dime for less than $100. Don't sweat it Leaf. You have generational, EMP proof, and fireproof savings with 6,000 years of human history backing it up as a store of value.

>>27312221
>>27310064
thx bros. what's the make it stack of silver within 20 years?

>>27312221
>6,000 years of human history
>computers and crypto invented in the last 99 percentile of that timeline.

BTC is where the real spendable value is at.

> buying silver, a metal that's extremely abundant in space, while companies are working to make space travel a thing in the next 2 decades.

NGMI

>>27312678
obviously I also have crypto

>>27312810
yeah this is on my radar for sure, but from my limited research they haven't found any silver 'roids, or at least it hasn't made it's way to the public. Plat and gold however we know of rocks that could permafuck their hodlers:

https://www.foxnews.com/science/nasa-headed-towards-giant-golden-asteroid-that-could-make-everyone-on-earth-a-billionaire

https://www.rt.com/news/310170-platinum-asteroid-2011-uw-158/

maybe there's something special about silver that makes it less likely to end up on a space rock. here's hoping.

>>27312810
>>27313402

let me just pull an outer space mining industry out of my ass to cover the silver price

no one is going to mine silver in space this century and bring it back to earth in any real quantity. they may mine and use it in space, but that's it.

>>27308635
yes you're retarded

>>27312810
They are literally at least 100 years away from being able to mine asteroids and return any significant quantity of heavy rocks to the earth.

Since our entire scientific and financial system is solely studying how many facemasks will combat a hoax virus, and how to best mutilate the genitals of children so they can claim to be gender fluid for their mothers' social media upcummies, I think 100 years is very low estimate.

>>27308635
GET CASH IF YOU CANNOT GET GOLD

MAKE SURE YOUR KIDS WILL EAT

>>27308635
its expensive rn whyd id you buy

>>27308635
Short answer : YES.

See also : BoringDAO.

>>27313975
based

>>27313819
I just skimmed SLV's prospectus I couldn't find anything to see how "collateralized" this might be in terms of physical silver, can you advise?

I ultimately just wanna help myself but I would like to help bust the kikes so if this is all a psyop I'd like to know.

>>27315111
you're fine for physical
paper silver will be dumped once these banks start going bankrupt next week

>>27315111

can't go wrong with physical, you're taking supply off the market, and there's zero counterparty risk.

>>27315111
There's an absurd ammount of paper silver issues compared to real silver. I think it was either 500% or 500 times (which is absurd so let's say 500%) of paper silver issued compared to actual silver available.
$SLV can only be exchanged for physical in lots of 50,000 oz though so keep that in mind. Basically if people who own $SLV like big banks try to get out or make a profit (let's say physical silver is $50oz and $SLV is still at $27, this is a huge gain to ask for your 50,000oz) then the shit will come tumbling down when they can't deliver.

I hope you bought from a reputable dealer. A lot of PM dealers sell client info on those who’ve made big purchases. I remember a few years ago that report floating around on here that showed a correlation between large silver purchases at certain dealers and house breaking, something like 8x more likely for a home invasion if you’ve bought in the past 18 months

>>27315111
>so if this is all a psyop I'd like to know.

Bro do you not find it odd that at the height of GME mania all the silverfags suddenly started shilling the short squeeze narrative very hard across every social media platform? of course it’s a psyop