[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 355 KB, 1078x1638, Screenshot_20220714-123033_Chrome.jpg [View same] [iqdb] [saucenao] [google]
50358718 No.50358718 [Reply] [Original]

>silver ends the f-ACK

>> No.50358750
File: 341 KB, 1600x1198, greenspan.jpg [View same] [iqdb] [saucenao] [google]
50358750

Kek, imagine thinking that the (((Fed))) will ever lose.

*They* invented the game, they can't lose on their own game.

>> No.50358866

Well government obviously have the power to outlaw private silver, but they didn't need to. Silver didn't end the Fed, the Fed ended silver without needing any government guns. One rate increase and economic collapse and all the predicted hyperinflation is gone (in the US, EU is a different matter entirely).

Monetarists and silver bugs bitched the fuck out, as usual. Perpetually wrong, perpetually pretending to be right.

>> No.50359030

>>50358718
>/setf/
Yeah, it was all an ad campaign. The anon that exposed the literal Israeli central bank Jew shilling precious metals everywhere online was absolutely right, and should have listened to him.
I salute the /pol/ and /biz/ mods for banning those shills.

>> No.50359056

>>50358718
>most heavily manipulated commodity gets intentionally crushed so major investment firms can take advantage of current inflation and buy more for less to hedge against the incoming clusterfuck
Cool. I think I'll buy a bit more then.

>> No.50359069

>>50358866
>One rate increase and economic collapse and all the predicted hyperinflation is gone

How? WTI Crude is still at $97, both PPI and CPI are at decades-long highs. Hyperinflation is a high bar, but high inflation seems here if not to stay, at least settling in for a while.

>> No.50359117
File: 4 KB, 250x159, 1656952510796s.jpg [View same] [iqdb] [saucenao] [google]
50359117

>>50359069
The market is so used to going up that its fighting hard against going down. I'm still buying gold and silver personally

>> No.50359127
File: 63 KB, 850x400, 1626011902294.jpg [View same] [iqdb] [saucenao] [google]
50359127

>>50358750
>>50358866
>>50358718

>>50359030
>Yeah, it was all an ad campaign. The anon that exposed the literal Israeli central bank Jew shilling precious metals everywhere online was absolutely right, and should have listened to him.
>I salute the /pol/ and /biz/ mods for banning those shills.

You glow.

Silver is the money of our ancestors, paper is the money of the jew, pixels are the money of the demons

>> No.50359214

>>50359056
>>most heavily manipulated commodity gets intentionally crushed so major investment firms can take advantage of current inflation and buy more for less to hedge against the incoming clusterfuck

The cognitive dissonance is WILD.
>Keeps getting lower in price
>"It's just heavily manipulated, that's why!"
>Keeps dropping in price
>"heh, exactly as I explained. Heavily manipulated. Buying more!"
>Keeps dropping in price

How long until it's $2k an oz?

>> No.50359285
File: 3.03 MB, 1564x948, get_dragoned.png [View same] [iqdb] [saucenao] [google]
50359285

>>50358718
don't care
still stackin
the difference between us and you crypto fags is we will always at least have a physical asset of real value.
you will always just have numbers on a screen
we'll see which is valued more in the coming years

>> No.50359306

>>50358718
now some loser with a $200 childrens coin collection will explain how this is ACTUALLY A GOOD THING

>> No.50359311

>>50358866
>hyperinflation is gone
kek

>> No.50359360

>>50359127
yes, their attempts at gaslighting are comical

>> No.50359366
File: 133 KB, 1080x895, 1641921046900.jpg [View same] [iqdb] [saucenao] [google]
50359366

>>50359285
At least stack something not worthless like gold.
>muh shiny rocks

>> No.50359384

>>50359069
>WTI Crude
Supply shock driving price increase in oil and linked consumer goods, which has little impact on investment assets. Increase in value of oil/gas miners is priced in, apart from that the dollar rules supreme.

This isn't hyperinflation, this is an oil shock during a recession. Consumer goods inflate, investment assets deflate.

>> No.50359392
File: 199 KB, 1792x828, F13A71C8-6C85-4844-946D-12BFBF08BA43.jpg [View same] [iqdb] [saucenao] [google]
50359392

>>50359214
>Silver to 2k

Regardless of the meme having something that you can exchange the silver to gold ratios with then make 30% a year by just swapping between those ratios without much fear

>1:80+ G:S buy silver
>1:55 and below buy gold/swap silver got Gold

Silver will probably pop past thirty and then retrace but it could go to 250 and idk what else i can hold in a box that can 10x randomly as well as be used to then garner real wealth out of jewish paper price manipulations

I am buying low and selling high. Even the hunk of shit penny stock in pic related goes 5X when silver pumps.

Which happens after every sell off.

>no volume or threads
Top buy signal

>threads everywhere and people shilling
Time to sell.

I am putting this into action and buying silver and junior miners because the theory seems sound and is repeatable.

I’ll see you faggots on the other side screen cap this.

>> No.50359472

>>50359311
Once EU economy starts collapsing, inflation will be gone for the US entirely for consumer goods though. Lots of oil freed up for US consumption when we're freezing.

Hold dollars, buy the bottom, just like in any recession. That's what this is, a recession.

>> No.50359517

>>50359214
I couldn't care less so long as the farmers market and gun show boomers value generic ones at $40 Once you get to the middle of nowhere, silver rounds are grocery/ammo tokens, and they're instantly worth 25% more than you pay. Never forget that old fucks can't into online shopping.

>> No.50359520
File: 187 KB, 1092x735, avoid-mining-stocks-always-get-physical.png [View same] [iqdb] [saucenao] [google]
50359520

>>50359392
Make sure you know very well the fundamentals, even if your strategy could work.
You should also read this guy's book.
https://www.youtube.com/watch?v=DyV0OfU3-FU&list=PLE88E9ICdiphYjJkeeLL2O09eJoC8r7Dc&index=1

>> No.50359575

>>50358718
Sold my silver for bitcoin at just the right time I see.

>> No.50359648

>>50359285
I swear rock fetishists are some of the dumbest schizos on this board, and that's really saying something because there is a lot of competition for that title. "Real value" is just a repackaging of Peter Schiff's "intrinsic value" talking point, which is completely econ illiterate. You're just expressing a subjective preference in economic terms, as if you were making an actual argument of some kind. Value is subjective and constantly being decided by the market. I sold all my gold and silver ages for bitcoin, and it's legit one of the best decisions I have ever made that I profitted immensely from. I think silver was $15 at the time, somewhere around there. It has barely risen at all! Absolutely pathetic "investment". The only talking point rocktards have is speculations about metals being more valuable in an all-out apocalypse scenario. Like power plants failing, complete collapse of the division of labor, governments collapsing, etc etc. But you would be so miserable in such a future even with your rock collection, you would commmit suicide anyways. So the apocalypse arguments are pure cope.

I suspect 80% of the rock fetishists on this board are just zoomers who grew up as smartphone and video game junkies, so they are partially motivated by nostalgia of a bygone era they never experienced themselves (the pre-digital era). So it's a bunch of irrational zoomer sentiment from kids who think they are more trad for valuing the physical over the digital regardless of actual market performance and fundamentals. Doesn't matter how many times your various fallacies are corrected though, pride gets in the way of you learning anything.

>> No.50359841

Doing some basic analysis, a wagie got paid about 1 denarii per day in ancient rome which is about 1/6 of an oz of silver

Modern wagies get paid $15/hr near me (CAD), which means 1/6 of an oz of silver should be worth about $120 or $720 per oz

>> No.50359853

>>50359392
>hold in a box
>I am buying low and selling high.
Then stick to paper.

>> No.50360116
File: 2.21 MB, 4032x3024, C5873E46-9418-4AAA-A75B-FE6043C1411E.jpg [View same] [iqdb] [saucenao] [google]
50360116

>>50359520
I have read the gentlemen maloneys book. Enjoyed it very well i suggest pick related

>>50359853
You should look up Fractional reserve lending and also Jews.

>> No.50360255

>>50358718
>DXY 108

>Why are things denominated in dollars dumping?

>> No.50360443

>>50360116
>You should look up Fractional reserve lending and also Jews.
If you're buying low and selling high you are the jew and shouldn't really care about that shit. So just stick to paper silver, getting a coinshop in between your sales twice will eat your profit.

>> No.50360470

>>50359841
A denarius is 4.5 grams retard

>> No.50360643

>>50360443
You do know there are some shops that do ratio swaps without raper you right?

>buy high sell low
Good luck anon

>> No.50360691

>>50359648
bro your salt is getting out of control

>> No.50360755

>>50359648
Based
>>50360691
Silver schmucks! Not even with an official bear market and high inflation does your Fucking PM prices go up! What's that about a store of value? No such thing! Kek!

We're gonna dump your silver price like it's nothing, we already got it all lined up to take you to a fair price of $8 per ounce. Just you wait MotherFuckers, we're gonna be buying your shiny coins for pennies on the dollar.

And don't come to me with your "buying cheapies" nonsense. We all know your bullion dealers keep gouging you with the premiums, Kek! Cats should try and ask for delivery on the ComEx but most of MotherFucking retail don't even have the equity to play in the Big Leagues so theg keep getting Fucked by ApMex and their premiums!

>> No.50361426

>>50360755
There just isn't that much silver to go around at 8 per oz. It becomes unobtanium

>> No.50361482

>>50360755
>Cats should try and ask for delivery on the ComEx
they'll jerk you around for months and then settle in cash lol

>> No.50361487
File: 46 KB, 400x400, 6f15117a74053f90276b8e72f9203a055bf4c516.jpg [View same] [iqdb] [saucenao] [google]
50361487

>>50359648
u mad bro? have you not stacked yet??

>> No.50362565

>>50359648
when he says intrinsic value, he means it has uses as something other than money/currency, you simple-minded fuck. those uses are ultimately what back the commodity as a store of value aka money, you buffoonish nigger.