[ 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: 81 KB, 1305x784, silver.jpg [View same] [iqdb] [saucenao] [google]
11435409 No.11435409 [Reply] [Original]

Forget the money aspect. Tone says it's in an eternal btfo bear market. But this other crazy guy I know posted this video.
https://www.youtube.com/watch?v=8PUuHnKs9MM&feature=share

Anyone done some in depth research?
> Silver used in tech
> .01% of mined silver each year used in tech
(or some shit like that ...) I don't trust silver bugs but it's like an itch.

>> No.11435555

>>11435409

Yeah I swallowed the AUGpill during the crypto bear market after I had got done filling my shitcoin bags.

Now I have some real life silverbags I keep in a safe in my bedroom. Boomer rocks are pretty nice to collect.

>> No.11435557

>>11435409
Silver 2 gold ratio is gonna be 5:1 real soon. Just sart buying bullion now is what I'mma tell you

>> No.11435911

>>11435557
Hell yeah!

>> No.11436106
File: 65 KB, 626x626, 1476243149347.jpg [View same] [iqdb] [saucenao] [google]
11436106

>>11435557
Is the slv etf worth buying? I bought like 2 of these on Robinhood because I didn't know what else to buy with just 27 bucks. Did I fuck up?

>> No.11436159
File: 141 KB, 1000x1192, 1538955067126.jpg [View same] [iqdb] [saucenao] [google]
11436159

>>11435555
Quads of truth

>> No.11436216

>>11435557
Won't that reduce industrial demand for it?

>> No.11436269
File: 79 KB, 500x335, 1530159690228.jpg [View same] [iqdb] [saucenao] [google]
11436269

>>11436106
I guess I fucked up didn't I? Silver etf is useless compared to physical?

>> No.11436379

>>11436269
If be interested in this also. Can never find a pro/con

>> No.11436877

>>11436269
>>11436379
The entire point of precious metals is to hedge against catastrophy. The fuck you gunna do with a silver etf if the US goes full Venezula or Somalia?

Get rocks dumbass.

>> No.11436896

>>11436106
had a gold ETF it was legit the only thing I chronically lost $ on, dumped it for a nursing home REIT

>> No.11436915

>>11436896
I made more money in GE and F this year than gold ETFs have in 5.

>> No.11436982

>>11436877
A recession is more likely. Buy in times like these and sell in times like those. As long as some shtf fantasy doesn't happen wouldn't they be the same?

>> No.11437004

>>11436982
With just a recession you are better off with a stop loss and rebuy or bond/cd conversion.

>> No.11437042

>>11435409
Based on the PoAHFI (Proof of Actually Having Fucking It) Algorithm which I like.

>> No.11437081

>>11436915
No shit. You don't hold gold in a bull market.

>> No.11437356

>>11436106
Yes. Don't waste your time on those. Go physical 100%. Start with generic silver rounds. Buy fresh stuff from an online seller. Find the ones that have free shipping with a small minimum purchase ie $100.

>> No.11437516

silver isnt precious, its worthless even compared to other metals

gold is the only true physical money, and physical money is slowly being replaced by crypto

>> No.11437560

>>11437356
Which online seller do you buy from?

>> No.11437668

>>11437081
These fucktards are trying to for whatever reason. I'm as perplexed as you.

>> No.11437752

>>11435409
tone said ethereum wouldn't be a security

if tone was right, he'd be retired already and wouldn't be stumped by how to port forward on his router