/biz/ - Business & Finance

Eventually unless something strange happens.

Not before going down more so I can continue to load up.

Long term it's going down. There would have to be a great recession, which isn't likely with the FED supporting the markets and economy.

It will boom eventually but not for many years.

Would you guys recommend buying it now while it's low or should I wait a little while for it to get lower?

flip a coin if you're that shitty at analyzing it.

>>291803
Just keep buying mate. If it goes lower. Just be happy you can get more ozt for your worthless $$$$.
Soon BOOM

>>291803
Don't ever go against the trend.

>>291811

This mentality is what caused the commodities bubble in silver and gold.

This mentality is also for the bag holders that will watch silver drop to $8 in the next few years

>>291823
Yeah, and then what?

You act like 8$ an oz is a bad thing.

What do you think silver can be printed out of thin air or something?

>>291895

You will lose 50% of your principal.

Buy high, sell low. Carry on, old chap.

>>291909
Yeah no shit. So what happenes after 8$

Just so you know your math sucks btw. 19.6 to 8 is much more than 50%

You seem like one of those idiots who think they can pick the bottom and then throw in their tiny amount of cash in.

You have no idea about accumulating or long term prospects.

>>291930

You must be a dumb nigger that believes in end of the world scenarios.

You will lose money, and in 10 years when you will need money, you will liquidate all your silver for a loss.

Horrible cancer on this board. "Long-term accumulation".....that's an excuse for holding a bag when your investment falls in value by over 50%, you are one dumbass nigger.

>>291798
Nice ID hahahaHAHAH

>>291938
You're the dumbie pants silly head that think silver comes out of thin air and will stay cheap even if it did hit 8$
You have no long term plan and think it would what, stay at 8$ for 10 years? HA
That will be the day.

>this thread

>>292011
>>291938
Stop calling each other dumb niggers act like the businessmen and patricians you are.
Now let us form a conclusion.

SIlver, yay or nay?

>>292214

If you followed the markets, you would know why it's a short.

Get informed you dumb niggers.

>>292214

>http://www.macrotrends.net/1333/gold-and-silver-prices-100-year-historical-chart

Nay. Silver's current price is twice the long-run median value. Buying now will force you to eat a 50+% loss. Wait until it hits the mid single digits- $6-7/oz.

>>291777
Yes. Buy on the rebound.

>>291777
Where do you guys buy your silver? I'm a canadafag and have been looking into buying 20 for 20 at the mint or going through Scotiamocatto

>>292257
20 for 20 is expensive (unless it actually happens to be 1 troy ounce, which I doubt it is)

get silver eagles or maple leaves instead
your local coin shop if you can find one
coinshow.com has a list of shows
otherwise providentmetals, jmbullion, apmex online, but you have to pay shipping

>>292257
Canadafag also here
20 for 20 is a total ripoff, legally you cant spend it in a store because its not legal tender. The 20 for 20 is also not 20 dollars worth of bullion silver.

Purchase bullion from Canada Pmx, toronto gold bullion, lots of American places as well.

Check out r/silverbugs

>>292257
>>292280
If I remember correctly 20 for 20 is 1/4 troy ounce (But they are nice coins)

>>291777
No.

If you paid more than $5/oz, you were horribly ripped off.

>>292011
Yes, silver prices only go up after they go down

>>291938
Silver and most other commodities will go up in price as the USD continues to be depreciated by the Federal Reserve, which is desperately trying to restart the debt engine that blew out all its pistons in 2008.

I would agree that there might be better investments than silver for a certain period of time but to say that silver is going to lose money nominally over, say, 10 or so years is silly. Unless another Comstock lode is found, the likelihood of silver going down in price is as high as the price of crude oil going down.

>>292365

Crude oil will go down, you silly nigger. It's a seasonal commodity.

The US dollar won't depreciate any more than it has over the last 100 years. CPI is at 1%.

Your argument isn't even an argument, it's some bullshit you made up and now you believe your own bullshit.

I feel sorry for you. Your intellect is vastly inferior. It's pathetic.

>>292341
>cant recognize a cup and handle
what is this, your first day?

Scientist here, silver is worth more than gold by a fucking lot.

Silver may go down for a little while, but when it turns around its going up, and staying up. 4 figures/oz easy.

Newfag here. I've just started thinking about selling my Nike stock and buy silver instead. I've got ~$900 worth of Nike now. Would this be a smart, long-term financial decision?

Posting /fit/ humor.

>>292380

>scientist trying to pump silver
>scientist

>>292392

Don't sell nike you dumbass. Silver is going down. How fucking dumb are you? Is it really that hard to research the market?

You are all worthless hobo niggers that will never amount to anything.

>>292380
3/10

>>292399
lol, fine, I'm a chemist.

The point is, silver is useful shit, more useful than gold, about as useful as rhodium or palladium. We're going to run out of silver eventually, and it has a really inelastic demand.

You do the math.

>>292399
Wow, are all you guys this mean for no reason? I wasn't even arguing like the faggots earlier ITT.
Well then Mr. Know-it-all, at what price/oz do you suggest I start buying silver?

>>292402
>tfw I'm not trolling

>>292407

Don't buy it.

If you buy silver this year, you will lose money. You will make money holding NIKE.

Commodities were in a bubble that burst in 2013, and it will take years for silver/gold to return to prices that they were at before the bubble happened.

Hold NIKE. It's a good company with good management and constant innovation.

>>292412
So I should never buy silver? What precious metals should I buy, then?

>>292405
Fucking lol, you really think people like gold for its commercial use?

>thinking being a chemist gives you any insight into market psychology

>>292392

>Should I sell Nike, a stock that has gone up more than 25% a year for the past decade, to buy a lump of metal whose bubble burst two years ago

Christ, the faggots on this board now. Buy more Nike, you idiot!

>>292376
Well, with such well thought-out statements, I guess the money I invested after the dot-com crash predicated on dollar depreciation to avoid a depression is all fake. Hint: my net worth is measured in USD and there are two commas in it.

CPI at 1% is nonsense and the only idiot on this thread seems to be you to believe such a poorly constructed lie. If we follow the tack of the NBER and BEA and ignore commodity price increases since 2000 but factor in the true cost of goods and services, inflation is running exceptionally high. I hope you're on scholarship and are in good health. That "1%" inflation for those things sure doesn't feel like only 1%.

As for crude oil, it will likely drop (very briefly) to about $60/bbl if and when we get a recession. However, if you think crude oil prices are going to stay below $100 as a trend, you're going to eventually end up taking the bus unless you're already wealthy or have something in place to hedge higher fuel prices in the future.

For those interested in silver as an investment, longer term, silver will probably track inflation thus protecting your purchasing power. It's also possible that there will be a major silver bubble where, if you remember to sell into the bubble, will give you outsized gains.

However, commodities as a whole are never going to be as good an investments as ownership in a high-quality, productive business. The problem is finding those businesses and paying an inexpensive price for them.

With the Federal Reserve foolishly pumping up asset prices to purported juice the economy with a "wealth effect", cash and silver are about the only assets that are currently relatively cheap.

>>292245
This idiot probably doesn't even own an oz of silver.

>>292290
>Check out r/silverbugs
>Reddit
Dropped.

>>292524
>Hint: my net worth is measured in USD and there are two commas in it.
Do you think someone would do that? Just go on the internet and tell lies?

>>292415
None, you idiot.
I saw a lot of parallels between the climate change deniers, in Congress and in the media, and the opponents of QE.

On the one hand, you have scholars armed with years and years of research and an intricate, sophisticated understanding of the subject matter, and on the other, you have (mostly right wing) armchair warriors and pundits slinging blanket denial statements over everything NASA or the the IPCC or the NAS have to say about climate change or Bernanke had to say about reviving the ailing U.S. economy.

Bernanke is a scholar of the great depression. He was, and continues to be, an authority in his field, hand picking by the Obama administration to take over the chairmanship of the Fed without having had any experience in public policy.

He joined a board of governors and convinced them (all experts in their field) that untraditional easing was our best shot. He convinced the president it was effective. He had the backing of the Treasury Department. And here, finally, he reaps the fruits of his labor; the U.S. has one of the fastest growing economies among industrialized nations today.

And, yet, people still chose to heed the crackpot warnings of media talking heads over the words of the experts...

>>292376
>The US dollar won't depreciate any more than it has over the last 100 years.

This statement is beyond stupidity. You should kill yourself.

>CPI is at 1%.

Only an idiot or troll would use CPI as a counter.

>>292415
you SHOULD by silver. Why would you listen to these random anons who bash you and call you a nigger idiot. Obviously they have an agenda. You shouldn't care what price silver is at as long as its under 50$ just keep buying. If it takes all your life ohwell at least you have real wealth you can pass on that can not be printed out of thin air.

in the 1980s you could get a medium priced house in america for 1000 oz silver.

It will happen again.

Do not listen to these shills on this thread. Buy what you can when you can.

>>292701
>Bernanke is a scholar of the great depression. He was, and continues to be, an authority in his field, hand picking by the Obama administration
>hand picking by the Obama administration
>by the Obama admini

Are you at least trying?

>>292701
>you idiot.

Bernanke then served as chairman of President George W. Bush's Council of Economic Advisers before President Bush appointed him on February 1, 2006

You're the idiot. And or a horrible skilled troll. In any case. Stay stupid and poor and enjoy your worthless fiat. I'll keep stacking silver.

>>292701
Bernanke most certainly is a "scholar" of the Great Depression in one way: he definitely knew how to arrest a debt deflation. His greatest act was printing a lot of money, arresting the debt deflation, and making sure that the vast majority of the money went to those who deserve it least.

Furthermore, Bernanke could have reduced the need for such extraordinary measures had he not been such an idiot and used the special regulatory powers granted the Fed to stop mortgage fraud. Instead, he continue the easy money policies of his predecessor and allowed the housing bubble to inflate to unprecedented levels before it ultimately burst and took the world economy with it.

>>292688
Of course I could be lying my ass off about my net worth and penis size. However, my arguments are certainly more cogent and useful than, "You're a stupid nigger."

You'll note that I'm not pumping silver. I have not said it is the best investment or even a great investment. I have said that it will track inflation, which is very likely true if you look at the prices of things over a very long period of time. The 1980s until now have been a very unusual period in economic history and it's coming to an end. Reserve currencies have never lasted very long and reserve currencies that are purely fiat have no precedent in history.

>>292813
>worthless fiat
> I'll keep stacking silver.

You belong on /pol/. Fuck right off that stop killing any intelligent discussion on this board, fucking cretin.

>>292797
Trying what? I got the administrations confused. Big fucking deal. Bernanke's still a genius.
His policies have boosted the stagnate economy.
http://blogs.wsj.com/economics/2014/04/18/fed-bond-buying-delivered-significant-boost-to-u-s-economy-imf-researchers-say/

Good thing moot made this board because idiots like

>>292826

deserve to lose money

Sorry for sounding ignorant buti just wanted to double-check.

Is this Bernanke person the one who's responsible for the inflation of the dollar via "LOL PRINT MOAR MONEY."? Has there been any recent events to decrease the printing so to prevent a similar situation that happened to multiple nations in the past?

>>292867
I'd first like to dispel a common belief that deflation is good and inflation is bad and that's that. Deflation does increase the real value of money, this is true. But it also increases the values of the money we owe as debts. This can lead to a deflationary spiral an example of which is the great depression (Post-Keynesians will agree while those from the chicago school are going to get all butthurt).

On to your question. The federal funds rate is the rate at which the fed lends money to banks. Banks want to borrow money to maintain a certain level of liquidity in their assets. The changing of the federal funds rate changes whether banks readily loan money and ultimately effect the quantity of currency circulating in the economy. That's just the U.S. though. The brits have LIBOR and there are many such policies in use every day around the world to try and prevent bank runs and Zimbabwe from happening again.

>>292826
>Bernanke's still a genius.

isthisniggaserious.jpg

Giving $4 trillion to primary dealers sure is an unmistakable sign of a genius.

>>293049
>>293049
And it was the IMF who praises the Fed's QE efforts. Surely, the IMF isn't full of useful idiots and liars like the Fed.

>>293322
The NWO dollar system will come out of either the IMF or BIS.

>>292826
You're an idiot. Kill yourself please.

You fucking

>nigger

Pure Genius.
https://www.youtube.com/watch?v=n0NYBTkE1yQ

What about now streaming financing is catching on thanks to companies like Silver Wheaton Corp? could that make silver go up?

>>293718
Constantly new Industrial applications, increase in industrial demand and investor demand for bullion. Is what eventually will move silver.
None of these companies run silver mines, Silver is a biproduct metal because of its manipulated low valuation. When silver begins to rise in price into the future more and more miners will bring about new dedicated silver mines.

Silver is more rare above ground than gold and has more industrial uses.

>>293729
basically this. It's a longterm buy and hold.
In 20 years will probably be doing well.
I like the a few mining corps, I think they'll weather this out fairly well. Now that the goldbugs have all but fled.

>>292452
its not about market psychology, I'm just trying to tell you that silver has incredible intrinsic value, and we are using a lot of it, very fast.

Its not a hard question to answer.

What happens to the price when the supply goes down, but demand doesn't change?

I made money in silver yesterday. I went through an old piggy bank and found one of pic related. I'm think of a long term hold strategy for this asset (saving it for grandkids).

Reminder that silver is more limited than gold and being used up in the industry


Silver's time to shine will come, it's just a matter of time. Expect 150-200$/oz

>>293742
but will silver do better than the market average?

the stock market is getting bubbly but there are no clear market risks, silver actually dropped during the dotcom bubble and credit crunch so there is no guarantee that silver will maintain its value during a crash, and after the crunch was over it was time to buy the dip there were better opportunities in the stock market than silver

>>295061
It's not meant as a primary investment. It's just a diversification tool since it's weakly correlated with most of the stock market and keeps pace with inflation. If you're putting more than ~5% in precious metals, you're doing it wrong.

>>292908
You have not answered the question. The Federal Reserve has started printing less money (asset purchases are no longer $85bln/month and are at $55bln/month and it is likely that another $10bln/month reduction will occur at the next FOMC meeting). Note, however, that this means that the Fed is *still* printing money--just at a slower pace.

It also doesn't remove the free money from circulation that the Fed created from buying the shitty paper that the banks created during the run-up to the 2008 bust and, outside of that shitty paper, the Fed has been buying MBS without very much regard for price.

How is the Fed going to unwind its balance sheet without causing a nasty disruption in the markets? My answer is, they can't.

Just like moving interest rates back to historical norms. They can't.

However what they could keep doing is kicking the can down the road for another 50 years.

Sooner or later this system will reset, not that we will get a better one in return. But the only way to fix this is basically a monetary reset. In which case silver will do far better than the old fiat in conversion.

>>292524
>inflation is running exceptionally high.

Thanks for giving a solid number I can check your math on.

>>295448

Federal Reserve Doesn't print money, if you want people to take you seriously, you should know at least that.

>>295620
They create currency out of thin air.

Better for you?

>>295627

Wow, what a great technical explanation. It's clear you don't know what the fuck is going on, so don't post about it.

>>295634
Sure I do. You just sound like a fiat currency supporter. You shouldn't post in a silver thread. You want a great technical explanation? How about a short 30 min video from one of the best.
Lets see you slide this one.
https://www.youtube.com/watch?v=iFDe5kUUyT0

>>295643

>I post false facts and Vague assumptions but you don't know what you talking about hurr durr

>>295654
Nice, you didn't even watch it.
My facts are not false. It is not vague. You are just biased in the favor of fiat money. Not only that. You are in favor of interest linked to this fake money created from nothing.

Maybe you should go back and read some more history previous to the federal reserves stealing of power from congress.

If the Federal reserve doesn't 'print money' or create fiat currency out of thin air. Or link this fiat to interest to be paid back. If this is not what they do, then why don't you fucking enlighten us oh holy master of masters.

Or do you have anything more than your one line quips saying wahhh wahhh ur not right im right, Cry moar.

>>295662

Does the fed print money, true or false?

>>295662

>United States Department of the Treasury

Responsibilities
Treasury Department official, surrounded by packages of newly minted currency, counting and wrapping dollar bills. Washington, D.C., 1907.

The basic functions of the Department of the Treasury mainly include:[2]

>>Producing all currency, coinage and postage stamps of the U.S.;
Collecting taxes, duties and money paid to and due to the U.S.:
Paying all bills of the U.S.;
Managing the federal finances;
Managing government accounts and the United States public debt;
Supervising national banks and thrift institutions;
Advising on domestic and international financial, monetary, economic, trade and tax policy (fiscal policy being the sum of these, and the ultimate responsibility of Congress);
Enforcing federal finance and tax laws;
Investigating and prosecuting tax evaders;
Publishing statistical reports.

http://en.wikipedia.org/wiki/United_States_Department_of_the_Treasury#Responsibilities

I've been buying a BUNCH lately for way cheaper than it should be. I've probably spent around 75 dollars total but have around 200-250 in silver (taking 925 and other less-silver stuff into consideration, even!)

fleamarkets are a blessing but some of them know what they have
garage sales and estate sales are king, estate sales are great because their kids go "GRAB ALLA MOM AND DADS SHIT AND PUT A TAG ON IT LETS MAKE SOME DEAD-DOSH" and they throw a 1 dollar tag on every single piece of real silver silverware they have because they're stupid

I have no remorse or shame not telling those people what they really have just because of how most of them are.

>>295674
I was the guy who originally said that. True or false?

>>295690

If you are not defending him why are you even talking to me?

>>295680
i can post wikis too
look look

http://en.wikipedia.org/wiki/Open_market_operations

Question for you. Where does the Federal Reserve get its federal reserve notes to purchase treasury bonds?

>>295674

False, the Treasury prints money (bureau of public engraving and printing makes cash and mint makes coins).

The Fed != Treasury.

>>295693
Because I also said "They create currency out of thin air. " To which you said womp womp womp It's clear you don't know what the fuck is going on. At which point you confused me for earlier said poster while continuing to bash me.

You're just a dumb fuck that supports fiat cash. You like slavery and paying interest to a shadow bank. Maybe you are just a troll doing it to play the other side. Good for you, great job.

>>295706
>The Fed != Treasury.

hahahahah you went full retard random anon.

>>295704

>http://en.wikipedia.org/wiki/Open_market_operations

Yes the fed uses such financial instrument to effect the velocity of currency exchange, they how ever can not affect the supply.

Feel free to criticize them but be accurate with your facts and claims when you do it.

>>295714
>can not affect the supply.
Are you stupid?

Supply moves in both directions. Here is just one example of them messing with 'supply'

http://www.investopedia.com/terms/o/operation-twist.asp

>>295712

It's not my fault you don't understand the different parts of who controls what part of the monetary system.

http://en.wikipedia.org/wiki/United_States_Department_of_the_Treasury
http://en.wikipedia.org/wiki/Federal_reserve

They're not the same entity. The Federal Reserve controls the money supply by buying and selling securities and ordering cash & coin from the Treasury, but it never actually prints money itself.

>>295722
>http://www.investopedia.com/terms/o/operation-twist.asp

That didn't effect the currency supply you fucking idiot, it's like talking to a first grader.

>>295723
I know its not the same fucking entity. I know they dont print money. Again i wasn't the one who said it.
I said they create currency from nothing and bind it to interest.
97% of cash is digital anyways.

Do you know when most people say the fed prints money out of thin air they are not being literal and they are talking about the ability of the federal reserve to manipulate the monetary structure any way they want. It's only idiots like you who come along and try to take it too literal and explain shit on the most basic boring level.

Congrats the treasury prints the actual notes. Did you go on a field trip and just get back from gradeschool to come share this fantastic info with us? Cute, grandma made some cookies for you. They are in the shape of FEDERAL RESERVE NOTES. Because that is what the money has transformed into and become, and who controls is end power. But you wanna nit pick over who lays the link down. Good for you kid, good for you.

>>295727
Oh but you didn't say currency supply. You just said supply.

>>295727
When banks want to borrow money. Do they go to the treasury? hahaha sure.

"Traditionally legal tender was created by the issuer striking coins or issuing banknotes in exchange for goods and services. Inside money, and fractional reserve banking allows financial institutions to lend money without the lender having first to obtain a similar income from savings or sales."

>>295737

I was talking about currency, what other supply could I have been talking about. You really have the reading comprehension and debate skills of a first grader. I'm out.

>>295751
I'm not even sure you understand the difference between currency and money. Yes please do leave. You never did belong in a SILVER THREAD.

>>292097
Me too. What the fuck

>>295751
The name given to a Federal Reserve monetary policy operation that involves the purchase and sale of bonds. "Operation Twist" describes a monetary process where the Fed buys and sells short-term and long-term bonds depending on their objective.

>purchase and sale
>where the Fed buys and sells

It's as if they are in the act of supplying.

And this was just one example.

>>295759

>>295620
The Fed pays 100 cents on the dollar for shit paper created by institutes of fraud using money it did not have to earn. Sounds like printing money to me, especially if it is never going to be able to unwind the position.

>>296381
>100 cents on the dollar
kek

>>295759
This is a thread about purchasing silver to serve the purposes of protecting one's purchasing power and for potentially more. However, it's been derailed by an apologist of the Fed and its incompetent monetary policy.

>>296386
I don't think you understand terminology used in bond trading.

As if anyones going to want your buy your dirty old silver coins you've been sticking up your butt for all we know

>>291777
all the people here are fucking retarded. let me break it down simple for you. to answer your question, most likely not.
all those cash for gold places dont sort their silver when you turn in it, so were getting a shit ton of this "mixed" silver shit. reminds me of the shitty 875 mix mexico used to make but anyway yeah silvers fucked unless it has 925 stamped on it.

>>298308

Erm... what? 925 is just sterling. 999 is the standard for coins/bars.

Cash for gold places just send their scrap to refineries. Unless there's a dramatic change in the amount of scrap being sold, it doesn't affect prices much.

>>291799
Fed can't support the economy for much longer with artificial interest rates and inflation.

You'd be pretty fucking dumb not to stock up on silver right now. US will have a dollar crisis soon enough and you'll wish you had real fucking money on your person.

The only people who are going to deny this are the morons too deeply invested into fiat toilet paper to see the writing on the wall. Protect yourself and buy silver and hold onto it until the dark times come, which will be soon.

>>298728
>>298738

I've heard so many idiots say this and be wrong over and over again...

>>298728
>>298738
I think it's interesting that the crazies tend to make more than one post at a time. It's just something that I've noticed.

>>298756
>crazies
Sink with the ship if you want. Don't say you weren't warned though.

>>298754
Say what? You realize that QE can't last forever, right? The economy will go to shit after Obama's term ends, just like the housing collapse came at the end of Bush's term. Only difference now though is that the dollar is going to be worth a lot less and you're gonna be sucking cock for canned beans in the street.

Prepare yourself accordingly, faggot.

>>298762
>>298767

See? There it is again. Fascinating.

>>298769
Are your feelings hurt, pussy? I'm not allowed to reply to two posts at the same time without it being a global conspiracy to devalue your stock holdings?

>>298770
Well you see, the thing is that you can reply to two posts in one post. That's what most normal people do, but people from /pol/ and /x/ seem to find it necessary to keep making a bunch of separate posts.

>>298778
I notice you'd rather bitch about my post frequency than actually add any knowledge to the discussion. Pretty typical of a broke faggot NEET virgin with a thyroid gland problem in my experience.

>>298780
I feel no more need to argue with you than I do with a 9/11 truther or cryptozoologist.

>broke faggot NEET virgin with a thyroid gland problem
Whatever helps you sleep at night.

>>298789
Whatever you say, gay guy. It's not unusual for homosexuals to spread their asscheeks out and willingly take brutal dickings from the irrevocably corrupt.

I would expect it to rise handsomely in the coming decade.

Highly unlikely that silver will be back up past $25 anytime soon.

There will be a surplus in production/demand for 2014 and 2015 (expected). Also a pretty clear descending triangle on the long term chart. Short term may pop back but likely won't break the trend unless we witness a full on Euro collapse or the student loan/mortgage/housing market collapse here in the US. In which case, it would still collapse because it's a liquidity event, but shortly after it would rally harder than ever.

>>294790
what are we using it on? that will shift supply demand

>>294790
Have any of you looked at the suppluly/demand figures for 2013?

Recycling + mining has put the supply I think its 800 million ounces whilst demand is at 700 million ounces.

Photography uses going down other uses have been created and its growing in investment demand.

However those youtube videos keep saying we are using more then we produce this is apparently false.

>>300770
Sorry correction.

>>291777

Silver is the highest conductor of electricity and often cannot be salvage after being used in computers. Buy and hold until you need money, do it for at least a year so it is taxed as long term.

>>300922

Keep in mind that the tax rate for silver bars/coins is 28% in the U.S., even for long term.

>>300928
Yeah. Unless you're holding it in a tax-deferred account via silver eagles, just buy SLV for the preferential taxation treatment.

Hahahahahahahaha, I forgot that the people here are buying silver because of "muh happenings" and don't care about stupid things like smart investing strategy. My bad.

>>292405

Idiot "investors" do not careabout intrinsic value or long term arrangements. I'm buying in silver.

>>300953
>"muh happenings

I keep forgetting where I am. I just assumed we weren't going to buy a bunch of bars and stash them under our beds, but buy securities. Because most people do not use gold or silver as anything more than decoration or securities/money.

>>292247
>twice the long-run median value
Yes, things always go back to the price they were hundreds of years ago. Bread , for instance, sells for the same price it did in 1914.
Gasoline also will return to 19 cents a gallon. Just wait to fill your tank .

>>292452
>you really think people like gold for its commercial use?
Commercial use depletes the supply and as supply goes down price comes up.

>>302065
The chart is adjusted for inflation. Gas and wheat prices actually have a downward price trend once you take that into account.

>>292826
>Bernanke's still a genius
Lol

>>293322
>Surely, the IMF isn't full of useful idiots and liars like the Fed
Oh you poor deluded soul.

>>298250
I would like to buy those coins

>>298793
>willingly take brutal dickings from the irrevocably corrupt.
That is some truly funny stuff there.

>>302068
>Each series is deflated using the headline Consumer Price Index (CPI) with a base of January 2012.

>taking CPI numbers seriously
>top lel

For those not in the know, the CPI doesn't count increased taxes, increased energy costs, or increased cost of education as inflation. Fed data is manipulated BS.

>>302102

Several things wrong with this post.

First,headline CPI (what was used in the chart) does count sales tax and does incorporate energy costs. The metric known as "core" CPI excludes food and energy, which tend to be much more volatile than other prices. In general, looking at a reasonably long (5+ year) timeseries shows that core- and noncore- CPI tack each other. There's also "chained" CPI which incorporates switching preferences, too- ie if beef rises in price, people buy chicken instead.

Furthermore, not only is the CPI not produced by the Fed (the Bureau of Labor Statistics manages it), the fed doesn't even care about it- they prefer to track inflation through personal consumption expenditures, which have the advantage of being able to track broad changes in how people spend money- ie spending less on housing and more on food- instead of being allocated by fixed weights.

>>300953
SLV does not get preferential tax treatment unless you're talking about put it into a tax-advantaged account such as an IRA or 401K. PSLV, I believe, is something that will be taxed as a stock instead of a collectible if you file the paperwork.

>ctrl-f solar
>no results
Looks like everyone here is wrong

I think it will soon.

>>300953
>buying silver because of "muh happenings" and don't care about stupid things like smart investing strategy.
You realize that the people holding silver before the 2008 crisis got rich, right?

Don't answer that question. I can't take anymore stupidity on this board.

>>302068
>Gas prices actually have a downward price trend

Lol

>>302811
No, people who bought silver in '07 and early '08 got hammered by a 50% loss in the crisis. In fact, somebody who bough silver in early 2008 would be down right now by slightly over 10%. The only people who got rich on silver are people who either bought in 2010 and sold at the peak less than a year later, or who went short when it was at $40/oz, which by my reckoning is precisely nobody shilling it right now. Buying and holding PM's for anything other than diversification is phenomenally stupid.

>>303282
>Buying and holding PM's for anything other than diversification is phenomenally stupid.
Except what would be even more stupid is to not hold and to sell low.Nothings stopping me from holding silver I bought at $20 until it hits $40. I don't "need" the money. If it was money I needed I would have had another use for it.

>>303282
>somebody who bough silver in early 2008 would be down right now by slightly over 10%
And you're not up or down until you sell.

>>294995
>90% silver
awwwww yessss

FWIW I'm short silver, downside break nigh

>>303282
>Buying and holding PM's for anything other than diversification is phenomenally stupid.

No

Buying for the sake of silver is awesome and id rather have a stack of it than a stack of fiat.

even if silver loses some of its relative valuation in trade to fiat. it will never lose all of its value. because it is money. Sure you can say people lost and people did that. but that is dumb humans outside of the fact of silver vs fiat.
people who held silver from the 80s could also be major winners or losers depending on what years they bought. Anyone pre 70s is auto winner because that was before the rape of the valuation and reserves. you say people who bought in 07 or 08. why not 1908 are you near sighted?
What would you rather have had in zimbobway a stack of silver or trillions of fiat paper.

if we only ever used gold or silver we wouldn't be in this financial mess we are in as a country and now as a world. (japan / euro / yuan / usd / australian / nzd / canadian/ brazil / not to mention the rape of africas natural resources/ ect)

but whatever you wanna think and toot your horn at
>anything other than
>stupid

>>306031
You need to consider the relative opportunity cost of holding silver. Somebody who put their wealth in silver a hundred years ago would be around 20x richer today, sure. But somebody who put their wealth in stocks a hundred years ago would be many THOUSANDS of times richer. In the long run, common stock outperforms every other investment, which is why every other investment should be held for only the purpose of diversification or capital preservation and not growth potential.

>>306122
>trying to talk reason into a gold/silver-bug

>>306125
>trying to talk reason into a gold/silver-bug
Trying to tell others how to go through life.

>>307266

Basing your investment portfolio around a holding with a long history of 0-1% real return over the past 200 years as opposed to a holding with a 6-7% real return over the past 200 years is an objectively terrible life decision, and people should be told such.

>>291777
>will silver ever go back up?
it will, don't sell. be patient.

>>291973
>FAP