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https://www.ishares.com/us/literature/prospectus/p-ishares-silver-trust-prospectus-12-31.pdf
>>28715272RIP
I recently joined qanon and was told that silver was a wall street driven propaganda scheme to divert money away from GME? I think i was lied to
So I should buy SLV or physical?
>>28716165>thread is about how SLV is fundamentally worthless>hey guys should I buy SLVphysical, and alternatively PSLV and mining stocks
>>28716165ANON if you can buy some physical thats the best fucking route. If not, go with PSLV. The fucking roof is about to come crashing down on $slv.
>>28716398You're better off buying sXAG on Synthetix.
>>28715626Yes, you were. It's highly vulnerable and we could implode the banks
You will go down with your physical silver just like the GME holders went down. You literally can't beat the smallhats at their own game.
oh man.. is it happening?
>>28715272>please don't short squeeze us bros!This is obviously bait. You would never admit to being that vulnerable unless you are trying to bait.
>>28716398hey idk man i'm a brainleti thought short squeeze means number go up
>>28716558This.
>>28716673You a little gay boy eh.
>>28715626>I recently joined qanonAHAHAHAHHAHAAHAHAHAHAHHAAHHAHAHAHAHAHAHAHHAHAHAHAHAHHAHAHAHAHAHAHA
does anyone have realistic price expectation for silver if the squeeze happens?
>>28717521at least 100 an oz
>>28715272ledit are retarded
>(((Powell)))Are you guys for fucking serious?
>>28717521low end: $60/ozhigh end: $250/ozmost likely: ~$140/oz at peak
>he only "finds out" nowEither you're a shill, a retard or a newfag - in any of those cases you should fuck off
>>28718454this is before accounting for hyperinflation and/or deflation of the dollar
>>28715272>person selling silver says that if goyim buy more silver from him they will winYes goyim are THAT stupid
kek everybody will buy PSLV tomorrowoh boy my dick is ready
>>28718664Kek you will epicly own silver salesmen by buying silver. Fight the power!!
>>28716863TOO SHINY
>>28717521How does $678.49 per ounce sound?
If everyone hoarded as much silver as they could it would unironically squeeze the shit out of the market. The supply side of the whole silver market is extremely tight, if every american bought an ounce we could do it
soon
>>28718572>>28718786How are those GME stocks doing faggot?
No the market is squeezed to fuckall and no one has silver to deliver. I ordered a single 5oz bar from Scottsdale silver 2 business weeks ago and it hasnt even shipped yet.I get the feeling that we cleared out all the mid tier vendors, so now theyre going to ask for their 50,000 oz/withdrawal.... but seemingly now they cant get that either.....Man if I had a tens of thousands of silver being “held onto” for my by someentity and they couldnt deliver it promptly, given that ive paid for their services indefinitely and will almost certainly continue to, id be fucking furious. Maybe even a bit scared.
>>28717521>take value of actual ounces of silver>take value of paper ounces of silver>add together >divide this number by total ounces of silverI think thats probably how it will work.
>>28716165I got 22oz in physical and counting.
>>28719315If you had the kind of cash to own 50'000oz, then i'd be kind of scared of that guy who has that kind of cash.
>>28716165Never buy SLV. SLV is leveraged paper garbage!
>Oh goy we're so vulnerable, we hope you dont short squeeze all of our shekels Unironically you're all about to get raked over the coals worse than gamestop. You fell for it. Fucking kek.
>>28716398>>28716455>>28719880these are 110IQ leddit takes>$SLV ishares fund provided by Blackrock
>>28716863Thats a beautiful picture, it would be better with a more aesthetic backdrop.
>>28720165Yeah it was kind of a spur of the moment thing when I got my coins. I'm gonna take some pics outdoors when it warms up.
>>28715272Oh shit, won't this cause Great Depression if this shit kicks off?
Look at it poorfags. I'm well prepped for societies breakdown. When SHTF I strap this MF to my fist and punch you looting motherfuckers into the air
>>28719029Have recently purchased like 30 oz. Doing my part I guess.
>>28715272Yeah, shiny rock go up any moment nowFucking retards
>>28720832comex gonna default any minute now goys, please pay 30%+ markup on our extremely rare rocks
>>28720832there’s the 120IQ take
>>28720832>Not having silver and gold as a hedge incase stocks/crypto crashesNgmi
>>28715626Go back
>>28720727Same here. Bought Monday last week.
>>28720691Unless you have arms that reach 400 yards you're in for a surprise.
>>28721011I'm doing the same. People are so stupidly tribal about their investments.
>>28715272bullish for chainlink
>>28715272>today’s episode of Its happening
>>28715272well well well. $50 / ounce incoming
Literally everybody saw this coming. I never bought any silver since I'm all in on crypto, but if you don't own physical it's like leaving your btc on exchange: retarded.
>>28716861This. You think jpmorgan will seriously admit beeing weak?!
>>28715272>>28715272>>28715272>"SLV does not appear to have issued any announcement of the amendment to its prospectus, perhaps trusting that monetary metals advocates would find it eventually and save the fund the trouble of alerting the markets."Are we sure this isnt just speculation?
oh wow its literally nothingsilverbugs are so delusional
>>28715272>>28715462>>28715626>>28716165>>28716398>>28721876Link to the referenced Prospectus. Was updated February 8th, 2021 and discussed the potential for "dramatic" price fluctuations.https://www.ishares.com/us/literature/prospectus/p-ishares-silver-trust-prospectus-12-31.pdf?stream=reg&product=I-SLV&shareClass=NA&documentId=925420&iframeUrlOverride=%2Fus%2Fliterature%2Fprospectus%2Fp-ishares-silver-trust-prospectus-12-31.pdf
>>28716673What are they going to do? Print more silver?
>>28718786The silversales men are cool dudes. The surest way to know you you ain't dealing with a jew is that he won't offer you an iou and safeguard the silver with a financial instrument.
>>28716165>should I buy a piece of paper that says ‘silver’ on it or buy silver You buy the silver anon.
>>28715626>I recently joined qanon and was told that silver was a wall street driven propaganda scheme to divert money away from GME?i know this is b8 but GME was like a skirmish...if we can squeeze silver it's winning a war.
>>28719921Please, I want to buy more cheap physical
>>28717521$1000/oz would equal historic norms of 1oz being 2 weeks wages.
>>28719467So basically $30 x 500
Already put in an order for 500 oz, also buying 50,000 shares of Bayhorse Silver at market open
>>28720832This is legit the dumbest take possible
>>28720832>dude we're just carbon and oxygen lmao
>>28717521$1000 minimum (historical price) and $10,000 probable (silver is so depleted that it might go 1:1 with gold)
>>28719921>Gamstop is not a real asset>silver is>demanding that rich hedge funds pay you $1000 for a stock of a failing company is the same as demanding delivery of the physical product you boughtFucking retards I swear
>>28718786Why are you angry at silver sellers who actually deliver their silver? Our goal is to kill the kikes selling paper pretending its silver
>>28716398Silver miners are stupidly undervalued. IPT, SVE, BHS are good names. Could go 100s of times higher.
>>28719921I have been stacking fiat
THE EMPEROR HAS NO CLOTHES - THE AMOUNT OF SILVER REPRESENTED BY A SINGLE SHARE IS EXPECTED TO DECLINE AS MORE CUSTOMERS BEGIN DEMANDING PHYSICAL DELIVERYWHAT THE FUCK ITS HAPPENING
>>28719921You will only get raked if you buy after the price has gone up, it hasn't moved yet, I bought few weeks ago and don't care if I miss the top, there are many indicators pointing out silver is undervalued and I could stand holding for 10 years
>>28723110(((SPONSOR'S FEE)))and(((OTHER TRUST EXPENSES)))
>>28722752keep buying worthless rocks nigger, while I am about to become a millionaire with LINKThe fucking LIFEBLOOD of the new worldTake that silver and stick it up your ass. It's worthless and nobody cares. Every shitcoin went 10x in the last year. Your shiny rocks do not make you rich and we are not going back to bartering with metals. But there is no point in arguing with you delusional boomers. STay fucking poor. And don't even make the effort to respond. I will not read it anymore, because I am right and I don't argue with idiots
>>28722337Unironically yes. You will never see all silver at once. And most of you don’t have enough space in your houses to actually make a significant difference. What are you going to do? Quit your job and spend the rest of your life burying silver around the country so that the jewish people will lose a tiny fraction of their trillions of dollars that they run every fucking industry in the country with? You realize how retarded you sound right?
>>28716526This will be the only silver on the market soon.2016 FINN coins will be melted down for all industrial silver uses.
What will make more gains, physical silver or silver miners?
>>28716165>So I should buy SLV or physical?Order in which to buy:> 1. physical silver, build your core position> buuuuuut I can't figure out physical> tough titties buttercup, buy physical> 2. PSLV for those who must stay in the market> don't expect access to PSLV when SHTF but do expect PSLV to hold its value> 3. for anons who've established their core positions look at mining stocks. Personally a fan of AG but do your own DD
>>28715272HAHAHAHAHAHAHAHAHA Feb 13 2021 will forever be known as laugh at the banker faggots day
>>28723650>he typed, on his device utterly reliant on gold and silver >Sméagol hates and loves PMs, as he hates and loves himself
>>28716673OK, jew.
>>28723650kek silver miners like BHS can objectively give a 100X return at $50 silver and people are still wasting their time with LINK
>>28720832Do you remind when BTC nearly crash to $35 but Bitfinex stop the trades last year in mars?
>>28723650hey bud, all the LIFEBLOOD of the tech your stinky linkes use has SILVER
We knew this week's ago
>>28717521Enjoy
>>28722838So like star stuff? Cool! I fucking love science!
>>28723791First, they came for the FINNS, I did not say anything for I did not own any FINNS
>>28717521>does anyone have realistic price expectation for silver if the squeeze happens?Pic related
>>28724075you know loads of silver has been mined since then, right?and that demand didn't increase proportionally?
>>28715272hmmm interestingdont sell paper silvr i gues
>>28724319There is a lot of "chip" out of stock, currently
>>28724445forget the link > https://investorplace.com/2021/02/chip-shortage-2021-semiconductor-stocks-7-companies-auto-stocks-gm-f-vwagy/
>>28724319It's just a meme, but like all humor it has a kernel of truth. And that is, if there is a global monetary event which results in a reset, then all physical holders will find themselves in a pretty nice position.
Has anybody seen zerohedge's front page? Everything above the fold is silver. It's happening.
Wait why is everyone saying to buy pslv when the picture says that slv will get squeezed? Wouldn't be better to buy slv now and sell when their shares moon due to the squeeze?
>>28716673mfw when the silver in my closet goes bankrupt.
>>28715626Lied to. Silver could crash the whole thing.
Why dont you guys just buy silver futures if you believe in silver so much?
>>28722934>kill the kikes selling paper pretending its silverHas it ever occurred to you that financial instruments exist because there's a demand for them? There are benefits to paper, it's liquid, in some countries it's a better deal in terms of taxes. I hold paper gold because in my country physical gold is taxed 20% and paper gold isn't taxed. Nobody tricked me into buying paper, I know it's paper, I also know I'm not being taxed on it. That being said shiny rocks are a horrible investment whether paper of physical and I regret getting into it.
>>28720071They will close and settle cash. You will get no silver. SLV is a derivative that will pay you out in cash. You will be left with paper while JPM takes off with the metal that it leases to SLV.
>>28716673
>>28715272If this is legit. Buy GOLD and Silver and XRP.Lads. We're all gonna make it.
>>28725009Because we are expecting COMEX to default on those delivery contracts, and individual investors typically don't have the millions of dollars it requires to get a big enough stake to actually request delivery. Why hold the IOU when you are betting the issuer isn't going to deliver, that's wrong side of the deal anon.
Hey goysI had almost 1000 oz of silver. When it’s time to sell the jew always wins. Your premium coins fetch you no premium and are all considered “generic”, so you might as well buy cheap generic pieces. Also, you’re only getting 90% of spot, or else ebay will tax you with like 30% of a sale. Good luck, I still have Mexican silver pieces I love but silver isn’t a way to make money, just to store money
>>28716673kikes already hold lots of silver. If anything, they would profit from price spike. The only reason to keep price down right now is so that they can fill their pockets with more silver while it's cheap.
>>28724319Silver is crucial for modern technology, there is absolutely more demand for it. Lots of green tech like solar panels use it too.
>>28725335>Hey goys>goysFuck off kike.
all the metal autists are saying it cannot be done
>>28720507Yep, thats how silverchads get blowjobs while everyone starves.
>>28725463
>>28715272>https://www.ishares.com/us/literature/prospectus/p-ishares-silver-trust-prospectus-12-31.pdfctrl+f 'squeeze' no resultsokay.jpg
>>28725372No it’s so tech is cheap so their global control system can afford to roll out
>>28717961Great. How to I turn my silver into liquid assets? No one is going to buy my silver for $100 dollars an ounce I can't pay for anything with my silver coins What the fuck is the point of shiny rocks?
>>28716165How many times do we have to answer this question?Lurk more
>>28723841Audibly kek'd
>>28723110read the second-half of the fucking excerpt, brainlet. "if the price of physical doesn't rise" you all could let SLV collapse by letting silver trade sideways, they literally say so. but you will pump physical to prop up the thing you seek to destroy. retards.
>shill thread to pump obvious pajeet shitcoin P&D scam like mcfuckingdonald coins>0 FUDders>no one give a fuck if i get scammed out of my hard earned shekels>thread about silver fund lacking physical holding, a rare metal which happen to be the most shorted commodity and the one with the most IOU shares/physical counterpart>countless rabbis are suddently very concerned by my financial well being and want to prevent me from doing a big mistake
If SLV is being shorted and the fund says the price is likely to go down, how could this possibly trigger a short squeeze?Wouldn't it actually make it profitable to keep shorting?
>>28726224DOGIRA is literally run by jews.
>>28722738I've seen the pic shilling bayhorse. Have u done your dad or just going with it? I'm on the fence about purchasing
>>28726000The same way you turn anything into liquid assets, you find a buyer. Are you such an internet brained zoomer that you've never bought or sold anything face to face, that if there isn't a fucking app you can't deal with it?>>28726158>buy physical>squeeze SLV until they fail to deliver>everyone liquidates their SLV positions, it crashes>yOu pROp Up THe tHiNg yuO SeEk tO DEsTrOy!!1!
>>28726000Checked. Boomer rocks are fucking useless in the digital era.
>>28723650I am a millionaire with Link already and just bought a ton of Silver through an Aave loan.
>>28715272>>28717521>>28718664>>28719315See>>28726356
>>28726402Is this a randomly generated answer and are you a bot?
>>28723716You sound so concerned about our finances.Bless your heart
>>28720691TETA
>>28726532You fucking shills are so dumb, either that or you’re absolutely braindead coomer teenagers or something The device you’re posting on RIGHT NOW about silver being useless is made of fucking silver, God the ignorance is absolutely astounding
>>28726494How retarded do you think a pawnshop has to be to buy silver during a squeeze? Or fucking cash4gold?Or some other establishment exclusively used by poor people?
>>28726469Nobody disagreed on plebbithttps://www.reddit.com/r/Wallstreetsilver/comments/lh5xc2/interesting/?utm_medium=android_app&utm_source=share
Wow they really want peasants to invest in silver.
>>28726532The digital era requires boomer rocks to exist Rabbi Bergstein Steinowitz
The presence of so many demoralization shills is a great sight.They are scared.Do you really think that they care about your investments?They fear loosing their control
>>28726901So nobody will be able to take profits and dump and the squeeze will be 10x bigger? Nice
>>28726843>phones use like 0.1% of silver, therefore silver is undervaluedshut the fuck up retard boomer
>>28726956You don’t invest in silver, you buy it.
>>28715626>I recently joined qanon ... I think i was lied toYes. Qanon is a far left psyop to disarm right wing skeptics and potential activists with puzzles, mantras and insisting you do nothing
>>28726933They are on a roll with these plays.. I'm at the point where I cant stand on the sidelines while another plebbit play goes 10-50x.. I'll prob get a suicide stack. How much you buying Tuesday at open?
>>28719921We drove the price from $25 to $30...Sure some people might get raked over the coals in the end like happened with gamestop.But that part didnt come when the earliest shorters pushed gme up to $30.That came at 10x that price at $300.Sure some people will probably get burned on $300 silver.But dont be dense.Thats a LONG way away still.
>>28726901>if I can't do a pump and dump I'm not interested>>>/shitcoin/ is over there faggot. >>28726992More flak means you're over the target. How many of the shills are pajeets seething that their shitcoin pumps aren't getting traction versus how many of them are (((bankers))) is an open question.>>28727032Yeah, this isn't about profit taking in the next week or month, this is about crashing the economy and rebuilding from the ashes.
>>28715272wait you fags were buying IMAGINARY silver??? God, pme fish are so fucking dumb holy shit
>>28727041And how many devices are made a year? A billion? >boomer I’m mid 20s, unlike you I didn’t spend the last decade drooling on the computer while literally never thinking how it gets made >magic plastic box go brrrr
>>28726356This is a fucking ETF, SLV is supposed to reflect the price of the commodity. But instead it became the thing determining the price, it's completely backward. The thing is now the demand is extreme and the supply chain very inelastic, so the SLV price doesn't reflect nor have any impact on the price of silver traded on the open markets anymore.They keep announcing suppressed prices, currently 27.40, but in reality you can't find anything below 33. If you can find anything at all.Their scheme is totally crumbling down, and the more they add paper silver to suppress the price, the more it amplify the disconnection between the price of the ETF and the real stuff. To the point where SLV have nothing to do anymore with silver, it's just another shitcoin but worse.
>>28716526FINN COIN SURGING BUY BUY BUYBUY THE NEGROS
>>28727041Most of not all the silver used in technology (phones, computers, cars, ect) is not recycled and goes to the dump. That silver is gone and not enough is being mined from ground. You think printing paper will fix that?
>>28727165This is literally 100% narrative and no merit. Stop buying imaginary silver. If you can't hold it in your hand it doesn't exist, you should have known that instinctively.
>>28727128>Qanon is a far left psyop>anytime Trumpers do something retarded it's actually a left psyop
>>28727165You misunderstand I own silver. I'm looking at it right now. And I'm left wondering... WHAT IN THE FUCK am I supposed to do with this retarded hunk of metal? Other than as store of wealth and a hedge against inflation I don't see how owning silver in a silver squeeze helps me. No on is obligated to buy my shiny rocks.
>>28726000Do people buy your gold at $2000?Dumbass
>>28715272Buy GPL calls. Thank me later ($GPR on TSX).
>>287206911Kg? How big is that thing?
>>28722869Nigger, what? Silver is a by-product of mining copper and alu.
>>28724319>you know loads of silver has been mined since then, right?And the population is much larger. So you have to divide that "loads" over a larger number of people.While at the same time few of the uses of silver were destructive back then.Now a days almost all of the silver being mined is used in industry.The amount that is destroyed per year in solar panel construction alone is staggering.
>>28727259SOURCE
>>28726901What if I told you the price was suppressed and cash 4 gold has been the accumulating apparatus for years
>>28727309You're responding to the wrong anon. >>28727360Qanon was a deep state distraction op but it got away from them. The problem that the failed to realize is that the elites have been proven to get away with so much that a secret cabal of pedophile cannibals running the government is perfectly plausible. It was intended to sideline boomers in endless tail-chasing but instead it galvanized and rallied them. Trump was too stupid to take advantage of this but the fact remains that 1 million people self-organizing in 1 week and showing up in downtown DC scared the living shit out of the establishment. Why do you think those 25K troops are stationed there for the next year and why the capitol has been turned into a green zone? Everyone in power just realized that the only thing that keeps a million-man angry mob at bay is good will and that's in short and shrinking supply.>>28727412>WHAT IN THE FUCK am I supposed to do with this retarded hunk of metal?>Other than as store of wealth and a hedge against inflation>store of wealth and a hedge against inflation>store of wealth >hedge against inflationAnon, I...
>>28727428Gold isn't squoze. A sharp increase in price due to a run on the market means that I as a gold buyer am going to do what? Not buy for a while because the price is going to level off again. It's not anything like a short squeeze wherein someone has to buy my shares back or pay interest. They just don't buy. And I get to say this ounce of silver is worth $100. Until the price levels off again. If I can con some idiot pawn shop into buying it from me great. But why would they do that?
>>28716673If you bought GME at $4 last year I'm pretty sure you did well.
>>28726000Sell it back to the bullion dealership? Fact is, there's industrial demand for silver.
>>28727412The squeeze is incidental, to fuck the banks and the whole financial system.Squeeze or not silver should be $1000/oz and it will be after the price stops being manipulated. The squeeze is just the storm that breaks the cage. The fact it’s hard to sell will make the squeeze way worse. Think GME, it was so easy to dump and take profits. To cover orders the banks will literally have to buy from hoarders on eBay, they’re 50,000% short so every ounce of silver on earth will be demanded. What price will make you bother to literally drive your silver to the Fed? Because that’s the price they’ll have to pay for it.
>>28727862Because silver is a geffen good.Go look that up
>>28727773>Do you like my big khazar milkers, goy-kun?
>>28723791>>28724238Thanks anons, I fucking died
>>28727919$1000 an ounce, really? What should gold be?
>>28719126my mind immediately went to sneeds feed and seed store. my brain is damaged
>>28727452I sold Feb19 5 calls, I'm surprised someone bought them.I won't be mad at all if they get executed at 500% of what I paid for the shares.
>>28716861You think that not disclosing the truth in your prospectus would open you up to legal class action lawsuit from all your investors? You think the average investor actually READS the prospectuses?
>>28727916There's industrial demand for copper too but it's still essentially worthless in anything under tonnage weights.
>>28715272Why are you buying 1yr +50% SLV in a Bull market?
>>2872822130kThat’s purely off of historic norms, thousands of years 2 weeks of work = 1oz of silver. And gold:silver was 1:30 Silver has obviously got cheaper to produce but there are 8x more humans today than there were in 1800
>>28728377Is copper silver? Or is silver copper? Kind of confused what your point is anon.
>>28723650>I am about to become a millionaire with LINKyou arent already?lmaoso comfy being a crypto millionaire and stacking silver
>>28719307Deflect and seethe
>>28727041stupid fucking nigger holy shit
>>28726000>I can't pay for anything with my silver coinsWrong, technically the coins issued by governmental mint with a face value can't be refused by stores, you could pay anywhere with it.The thing is your 1oz .999 silver coin only have $1 face value.
>>28727919>>28728493Damn bro. If that happened I'd be a millionaire from just my physical gold/silver alone, never mind my miners and crypto
>>28728142HEH so I just learned about this neato feature called image search. Got some BOOBA snapped to the left, LTC/USD chart snapped to right. Now if you'll excuse me...
How much of silver demand is actually like necessary? Because if a significant portion of the demand is useless shit like Silver as a store of value and Jewelery than there isn't any reason to expect a squeeze.
>>28728805>people will stop buying jewelryok retard
>>28727919alright nigger I'm buying 6 month 20$ strike OTM silver puts right now just because of how poor quality this shill argument is.
>>28728805>smartphones>computers>electric cars>solar panels >medical equipment >satellitesSilver is the oil of the future.
>>28723716You are unironocally retarded and do not understand how markers work
>>28728875They'll buy it with another PM or just a higher dilution of steel.
>>28719126that place is the true mattress firm. I know of no one who actually eats there, it has to be a front for something.
>>28728722It’s shorted 50,000% to make a global technocracy possible. No mass media to enslave the world without cheap boomer rocks it seems.
https://www.statista.com/statistics/253345/global-silver-demand-by-purpose/It seems about 60% if Silver demand is for industrial purposes
>>28725020>lol retards I bought this because its so liquid, I can get out anytime I want>man I wish I just didn't own this assetI honestly am amazed at this level of stupidity
>>28728969Silver will become the jewelry of rich women, oh no whatever will we do when only wealthy women can afford silver jewelry in order to display their status
>>28726000>no one is going to pay the market clearing price for this itemHOW DO YOU GET THIS FUCKING DUMBDealers hedge their exposure retard. They are market makers
>>28727919>To cover orders the banks will literally have to buy from hoarders on eBay, they’re 50,000% short so every ounce of silver on earth will be demanded. This won't happen, SLV holders will just be given a low lump sum payment and told to fuck off. Governments will allow it because the banks will do everything they can to make sure of it.
>>28726000They sure would pay $100 an ounce, these niggers are buying btc at $40k+
>>28729006>He doesn't know about the cornbread mafiaUnironically, i love LJS but try not to eat there too often. Once or twice a year maybe.
>>28716526>retails for $50.39
>>28726901Nigger they sell fucking futures contracts. Look up what a market maker is you stupid fucking retard. Jesus fucking Christ if someone is buying physical or derivatives at a fucking gozillion dollars the shop just calls their broker and makes a sell order
>>28727919>reddit spacingget out.
>>28729456True, but if they close all the SLV positions on both sides, effectively cancelling the whole market, then the apparent supply of silver will be much closer to the real supply (500x lower) making the price moon because it will always be demanded by industry. SLV exists to manipulate the price, so they’ll never get rid of it. It will simply decouple as it already is starting to and then implode as everyone who’s not a bank realises it’s no longer even vaguely representing real silver.
>>28727412>how would my situation be improved if something I bought for $30 starts trading at $70GET THE FUCK OFF THIS BOARD AND STUDY FOR YOUR GED YOU FUCKING ACTUAL GOD DAMN RETARD THE TITLE OF THIS BOARD IS BUSINESS AND FINANCE AND YOU ARE HAVING TROUBLE WITH THIS CONCEPT JESUS CHRIST
>>28715272pretty simple anon. they will only allow you to sell silver for months and maybe allow a purchase of 1oz per day.. for your protection of course. then once the price goes back to 12 per oz they will let you buy again. they already did this right in front of your face with something much more insignificant what makes you think they will not do the same again?
>>28726494>>28726494>>28726494"Without increases in the price of silver sufficient to compensate for that decrease, the price of the Shares will also decline and you will lose money on your investment in Shares.">without increases in the prices of silver sufficient.....you will lose money on your investment [in SLV]so anon, read this carefully: does buying silver HELP or HURT the iShares trust, according to them? because it reads to me, plain as fucking day, that they are in trouble if the price of silver DOESN'T RISE....
>>28727919>To cover orders the banks will literally have to buy from hoarders on eBay, they’re 50,000% short so every ounce of silver on earth will be demanded.No. JP Morgan is the custodian for SLV and they have a clause that says they can simply pay out a cash equivalent in the event of physical silver not being available. The big players have even more flexibility here than they did in the GME situation.
>>28729676It’s called paragraphs moron
>>28728142HOLY FUG
>>28729798>then once the price goes back to 12 per oz they will let you buy againAhem. I will buy fucking 100 kg of silver at this price, thank you.
What about buying SIL, the mining etf? I bought it this summer.
>>28729821That's what I thought too. What is the point if they can set the share to whatever they want?
Holy shit
>>28725372Jews can't hold silver, burns their flesh, why they push paper
>>28716673Imagine taking a loss but holding a product in your hand. Who fucking cares when you own something in real life vs beep boop speculation.>t. Jew
>>28716673except there is no hedge fund on the other side to sell on your ass, no institutions are balls deep in silverthats the thing, its a similar premise to the squeeze on GME but way different mechanics: retail and banks own silver. Thats it.
>>28729821This assumes that they have the silver they say they have, instead of contracts for paper silver, and also assumes that the market will accept contracts for paper silver as a substitute for real silver, at any price. That works for a while but it doesn't work forever.
>>28715626gr8 b8 m8 r8 8/8
>>28730583Haha. I dont think this silver squeeze is a big conspiracy to trick the goyem.But I do believe they will not let us ride this one up alone.There will be a LOT of jews riding silver to the moon with us.
>>28730583This man knows what's up
>>28728600Wow. Dubz beat trips. Rare
>>28716165>>28716398>>28718664>>28716455>>28723821don't buy PSLV lads it's a meme you need like 350k worth to actually be able to get physically delivery. Buy Physical, ideally get 1000 oz bars if you can afford it, it accelerates how quickly the big stores empty out as that is what they are stocked with. If you need transactional silver in a SHTF situation find a smithy local that will make you some smaller bars or chad out and do it yourself plenty of guides online and pretty easy and cheap to do all things considered, not to mention fun and could potentially get you laid. The only acceptable paper product if you want exposure to this is mining stocks.
>>28731768>1 pptid>advocates for 1000 oz bars which are in stock nowhere and would cost $34K/each if they wereHmmmm
Notice how the media-jews keep trying to steer you towards SLV stock. That's because when plebs buy SLV, they don't actually have to back it with anything physical. You're not in the cool-club that gets to claim physical silver for your shares of SLV. So the paper-silver printer goes brrrrrrrr to infinity. Don't let them fool you into thinking you can short-squeeze SLV. They'll just keep printing more so the squeeze never happens.If you want to invest in paper-silver, at least go with one that is backed by actual silver. So either PSLV or AG. Or better yet, just buy physical (if you can find it for a decent price now).
>>28716673If silver doesnt breakout this year or this decade it just gives me longer to stack.
Handpoured gang is in the house
>>28720507we're already in one retard
>>28731768>Buy Physical, ideally get 1000 oz bars if you can afford it.Pros of buying large bars of silver:Cheaper price per oz.Cons of buying large bars of silver:When you eventually want to sell it, you have to find someone who wants to buy a large bar, which is typically much more difficult than finding people who will buy 1oz-5oz bars.IMO you should factor ease of liquidity into your purchasing if you're buying physical. Especially if you're doing it for a SHTF scenario.
>>28720507Yes. I have been begging my family to buy it, but they’re stupid. When I’m eventually proven correct and they still don’t listen, I’ll leave the household.
>>28719307never selling my 2 @ 140
>>28720992>markupstill thinks in "spot" and "premiums"
>>28718454When? I've got calls expiring soon. Was a gamble and never expected the money back, but it would be nice.
>>28727245>>28727283>>28728585>DA PHOEN HAS SILVER AND EVERY1 HAS PHOEN THEREFORE SILVER IS BOUND 2 GO UP!!!!111lol you fucking peabrained boomers, even all industrial use combined is only around 20-50% of annual silver output.
I just checked eBay and silver quarters are selling easy for $6. How is there any shortage
>>28715272Can PSLV shareholders turn their shares in for physical silver?
>>28732711>eBay sells silver for $6 >eBay Anon... did you take your stupid pills this morning?
>>28728142That's a man isn't it
>>28732758You have to have something like 10K ounces equivalent.
>>28732711Two questions come to mind>Is this a 1 ounce of .999 grade silver, or is it a different weight and silver percentage?>Is this a reliable seller?I bought a 1 ounce special Olympics silver dollar at a yard sale once for 1$, but it was only 90% silver.
>>28732816 I know nothing about silver and only have a few dozens silver coins I kept from finding them in change over the years. Seeing there’s was a shortage of silver from this thread I checked if they were worth anything
>>28731938hes right you know
>>28716936>>28716558weirdo
>>28732989They are all worth something, they just have different value depending on the quality of the silver and the weight.
>>28732711If 1964 aNd older it's not terrible but it's high at $1.40 of any denomination you have one oz of silver so would be six quarters roughly at the cost of $36/ ozSee what sdbullion has for 90% constitutional
>>28732296>ease of liquiditythis is why i buy ASE even at a premium
>>28732155*blocks you’re path*
>>28716165Physical.
>>28732989Keep them for now, but usually coin dealers will pay pretty decent if they’re high quality, some may be able to buy at spot price or relatively below it. But don’t trust stuff from eBay unless you want to pay to be disappointed.
>>28732575>only around 20-50% of annual silver output>only
If you're from EU and you want to buy silver.Wisdom tree physical trust (Audited) is what you go to.$PHAGIf you do not have access to exchanges, buy kinesis.money tokens. KAG.They are audited and the tokens can be redeemed for silver/gold physical.
>>28733271
>>28733402If you're from the EU you should be trying to leave before it's too late
>>28725070good
>>28718664kek imagine being retarded enough to buy slv in the first place. digits and pslv hits $30 tomorrow
>>28715626If everyone is yelling BUY SILVER why would you buy silver? Which you’ll just trade for fucking fiat at the end of it all.
>>28732932Thats not so bad.A lot more realistic than the 50k from comex. I might use PSLV to source physical if bitcoin goes to 100k+ and I need to take some profit and the market is still so tight that product cant be found anywhere.
>>28727041let me put it in terms you can understandyou know how there's little availability on computer parts and how that makes everything more expensive? That's a material shortage
>>28715272they'll just decouple, like uso, making it completely useless.
>>28733943Can you use neopets gold as an example instead?
>>28715626Uh oh stinky!
>>28716863please tell me that was a blue kamasu in the box
>>28733402If you're from the EU then pic related.
>>2873257550% of Silver output is only used? You mean the byproduct of mining other minerals. ZERO silver mines exist, you are making our point for us.
>>28716673i like shiny rocks too you jew
>>28734038Mako II USA. Basically the proto-Kamasu. I like it better though, mostly because of the 12 o'clock marker.
Why is PSLV $10?Does 1 share = 1/3 of a troy ounce?If so why?Thats a strange choice...
>>28726224It's fine for people to be concerned so we don't get another gme, just ironing out quirks and testing the waters imo
>>28732296if you read my whole post you would see that I advocated for turning it into small bars yourself either through your own work or by hiring a smithy. I agree entirely unless you are literally sitting on multiple Tonnes of silver the average joe is going to want transactional bars.
>>28731938they are actually the ONLY things "in stock", we just don't have access to them via the retail channels at the moment.
>>28734249That looks really nice. Have one in my shopping cart for $140 right now. What's the catch?
>>28726000Holy shit, yep this is how your average pleb looks like in this board. Read a book on basic economics please ffs
>>28734484explain
>>28734289>Oh no I need to be worried about an asset that has been valuable since prehistoric times.Idiot.
>>28734642>What's the catch?It's an orient
>>28734642Nothing. They make watches that look good and function well. I actually paid more than that because it was new, so you're getting a deal. They're on the same level as Seiko.
>>28726000>No one is going to buy my silver for $100 dollars an ounceholy shit kek, imagine being this low IQ
>>28733402>the tokens can be redeemed for silver/gold physicalstop lying.they are one of the more expensive, smaller (thus riskier) paper sellers out there. pure garbage.
>the amount of fud and jew's ITTholy shit, it's really happening isn't it
>>28717961>>28718454Do you guys expect prices to settle back down to today's rates or will they stay high indefinitely?
>>28735590It's will shoot up super high, but then come back down to high 3 digit figures imo
>>28734289>comparing physical silver to stock in a retail video game store
>>28735748>we can totally fuck over the zog this time guys
>>28735280Stop ur making me feel smart for throwing all my cash into 2 month ag calls and 50 oz.
>>28735793it helps them not fuck over you thoughthey aren't all powerful you know
>>28735432Yes. Without infinite money, their liberal agenda will fall apart and the white conservatives will manage life well because they don’t depend on the globalhomo system.
>>28722738>buys baghorse when there's far more appealing microcaps
>>28735590Only after a full recovery from a nuclear holocaust will precious metals be worth less than they are today.>>28735432Bet your bottom dollareedoo
>>28735854People really don’t know that the schemes are heavily dependent on fiat money.
>>28727159I wouldnt buy more than 12,000 shares which is like 1300$, check other micro caps like gainey, tinka, kootenay
>>28718866KeK
>>2873579320billion people of silver exists on this world. Demand is going up, supply going down. 20billion/8billion. Literally 2.5oz available per person on this planet.
>>28725020Well if you regret getting into it, why don't you cash out your paper? What's stopping you? Surely its not because your piece of paper doesn't actually have anything backing it, making it effectively worthless, now could it?
>>28733402it is "backed" by metals. that doesn't mean it can be redeemed for it. it is a worthless bit of digital information that you have to pay maintenance on."value" of the "asset" is only maintained through, in effect, market manipulation, which is where the "backing" comes intoplay.
>>28736003how many available /person that could afford average amount of silver?
>>28715272All in SteelLong Cliffshttps://stocktwits.com/symbol/CLF$CLF 02/2021>Biden says China will 'eat our lunch' if U.S. doesn't move on infrastructure https://www.cnbc.com/2021/02/11/biden-says-china-will-eat-our-lunch-on-infrastructure.html ---------$CLF02/2021>"New orders for manufactured goods in December, up eight consecutive months, increased $5.2 billion or 1.1 percent to $493.5 billion, the U.S. Census Bureau reported today." https://www.census.gov/manufacturing/m3/prel/pdf/s-i-o.pdf---------$CLF02/2021>"US trade court dismisses challenge to Section 232 steel tariff"https://agmetalminer.com/2021/02/04/this-morning-in-metals-us-trade-court-dismisses-challenge-to-section-232-steel-tariff/
>>28736229Bout three fiddy
So if I can get silver at $32/troy oz plus tax locally should I go for it?
>>28733402>$PHAGFAG!!!!!!!!!!!IS THIS REALWho would fall for this
Hey fud wagies. I mean interns sorry
>>28715272Mission accomplished PSLV or physical delivery Safe store of value with literally no risk and assfuck SLV kikes
>>28736683Get stacking dem bricks nigga, ideally you want enough to replicate Scrooge McDuck's money pool.
>>28736683I'd buy PSLV over that unless you have 0 actual silver/will be in the 35% assfuck bracket when capital gains tax gets removed
>>28734271Those numbers are arbitrary, anon. Shares often have weird numbers outstanding, its weird.
>>28722518>mfw 14 silver dimes = 1 toz>mfw 1 silver dime = 1 day's wages for roman soldier>mfw I already knew all of this and started stacking
Fuck you faggots, not buying silver
>>28737433Czeched
>>28729123Lol it says I have to pay 400 bucks a year to see their website. Just post a picture of the graph.
>>28737609>he doesn't know about gmengmi
>>28724273>>28724075>formerly well to do housewife and her questionably UNDERAGED daughterstop passing this fucking poison around, faggots, it's>FWTDHWAHQADnot some pedo shit
>>28735885What would those be?
>>28737969They have been pushing that hard to attempt to shit in the kool aid. It's low effort as expected Weak stream. Low T
>>28737969>>28738288Ah yes, incest prostitution with a "questionably aged" daughter is just fine but incest prostitution with a "questionably underaged" daughter is a shill campaign designed to destroy silber, good catch anons