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/biz/ - Business & Finance


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50185128 No.50185128 [Reply] [Original]

Sorry schizos and boomers, turns out shiny rocks not needed

>> No.50185161

>>50185128
It's not about making money, it's about having free (as in freedom) money.

>> No.50185176

>>50185161
Next time, try cash under mattress

>> No.50185193

>>50185176
Cash is subject to taxation, inflation, and usury.
No thanks.

>> No.50185210

>>50185161
Idiot cope
Same type of reasoning as the people that say "1BTC=1BTC" during bear markets

>> No.50185220

>>50185193
Silver is subject to manipulation, premiums, and dumping.
Go back to /pol/ retard.

>> No.50185243

>>50185128
What a blessing, to have such prices to accumulate this holy and sacred substance at. Surely, God's mercy shall follow each of us for all the rest of our days

>> No.50185254
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50185254

>>50185128
The cheapest option on apmex is still 24$ fucking dollars.

I want to see it drop under 20$. Let’s drop the spot price to around $9.50oz

>> No.50185284

>>50185210
That’s absolutely correct, those who hold BTC in bear markets and wait until more ideal market conditions cannot lose.

>> No.50185294
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50185294

>>50185254
>CHEAPIES!!!
fucking lmao

>> No.50185319
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50185319

>>50185254
quit being poor

>> No.50185339

>>50185220
Kill yourself kike

>> No.50185346

>>50185161
That's stupid. I want money

>> No.50185347

>>50185243
Amen

>> No.50185410

>>50185254
because they have to make up for losses, wouldn't buy them at those prices it's a steal for them

>> No.50185707

>>50185128
You don't understand the game, this was 2008: liquidate companies holding silver for cheap then market make the price higher to sell it.

>> No.50185719
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50185719

>>50185128
Never selling

>> No.50185722

>>50185339
Wrong board, faggot. Use all 80 of your IQs to scroll to the top of the page and find the link that says "/pol/". You'll like it if you can figure out how to navigate there.

>> No.50185732

>>50185128
You understand why this is happening?
The $ is losing its reserve currency status to the future gold backed currencies of the new empire.
By attacking through paper manipulation they are trying to make people give up on it to buy shitty dollars.

>> No.50185750
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50185750

>>50185128
>>50185707
>silver spot price
the chinese are still buying at $32

>> No.50185779

>>50185243
The meek shall inherit the earth. There is nothing more humble and meek than simply holding God’s money acquired from your own labour. God is great.

>> No.50185782

>>50185750
TF are you talking about ?

>> No.50185798

I have faith we will defeat the money changers. I just ordered another kilo bar. Imagine how crazy the world will look in five years, these daily movements of the spot price means nothing.

>> No.50185819

>>50185128
/pmg/ in shambles

>>50185161
>inflation
brainlets don't even know how bad it really is. you are losing value vs USD AND losing to inflation

>> No.50185826

>>50185798
Last week ordered 2x 5 kg bars
They say it should be ready by end of july
I must go there to pick it up
I must sell those so i hedged with futures but probably soon i will close the position since it already doubled my initial profit...

Nothing to see here

>> No.50185851

>>50185782
i am talking about the chinese still buying silver at $32/oz
>t.arbitrage connoisseur

>> No.50185862

Important to remember that during 2008 the spot price hit 8 dollars before rocketing to 49

During covid spot crashed to 13 before rocketing to 30.

This is exactly what we see when traders on margin are getting liquidated or margin called. Nobody is rushing to the pawn shop to sell their risky silver bars.

The all in cost of mining silver for the largest primary silver mines is about 20 dollars, this situation is unsustainable at this price so I will continue to buy a kilo every few weeks and refrain from buying any miners while the manipulation is still ubiquitous as they are guaranteed to be barely profitable.

>> No.50185889
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50185889

>>50185798
Paper price is an absurd shell game

>> No.50185893
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50185893

>out of all the incredible investment opportunities in the world, he chose to buy shiny boomer rocks

>> No.50185906

>>50185893
it is not an investment if you buy cheap and sell high
see >>50185851

>> No.50185915

>>50185893
Are you talking about doge coin or fun coins or what?

>> No.50185961

>>50185906
if you're slinging rocks to the chinks at a premium congrats to you

>> No.50185992
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50185992

>>50185961
i would rather not bleed you out
but everyone has to make a living, you know?

>> No.50186031

>>50185862
The place where i use to buy gold is a foundry and they are willing to buy silver but they don't offer any silver product. Isn't strange this behaviour for a foundry ?

>> No.50186067

>>50186031
They probably have industrial customers they supply

>> No.50186183

>>50186067
Probable, they supply the italian central bank i wouldn't be surprised. They sell 1 gr. of gold but don't sell even 1 oz silver coins wich seems odd to me...

>> No.50186194

>>50186183
+ they were buying bitcoin back in 2019 which means:
They were buying bitcoin and silver while buying and selling gold...

>> No.50186296

>>50185128
Yall talk so much shit and yet it's down less than 25%, gold is near break even on the year and all of your crypto is down 60% and your fag tech stocks are down 35%-80%.

Do you realize you're retarded or does that not come across to you?

>> No.50186311

>>50185284
You will lose and you will continue to lose faggot. My asset has barely dropped in this entire bear market

You're the one coping and doing what you have been trained to do, which is bag hold.

You crypto faggots will be talking shit all the way down to 12k.

>> No.50186319

>>50185128
ohnononononoooooooo

>> No.50186321

>>50185779
This. Nice.

Modern materialistic technology warped faggots will waste away.

>> No.50186328

>>50185893
Yes. Surely pregnant poop coin is a better investment.

>> No.50186480

>>50185161
Actually I don't want to profit from my investments. In fact I hope they all go to zero