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/biz/ - Business & Finance

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File: 208 KB, 406x714, 55AD2A3D-E984-4448-BEC2-352C87E8B014.jpg [View same] [iqdb] [saucenao] [google]
18414179 No.18414179 [Reply] [Original]

According to pick related, this is showing one ounce of each of these things and one barrel of oil is the equivalent to these many usd notes. So essentially a 10:1 silver to gold ratio.

>> No.18414258
File: 427 KB, 728x685, $ to PM.jpg [View same] [iqdb] [saucenao] [google]
18414258

>> No.18414353

>>18414179
>>18414258
What will 100 oz of silver buy me once this monopoly money known as USD collapses?

>> No.18414424

>>18414353
The world...

>> No.18414466

>>18414353
I have no idea
>welp, there goes my OP status

>> No.18414571

>>18414353

I don’t know about you all... but because of Corona this is the first time since college that I’ve felt alive. I have lots of silver and been waiting for something like this to happen for 5 years. The point where things get so bad that 1 silver Roosevelt dime will buy me a blowjob from a formerly well to do housewife and her 18 year old daughter at the same time. I’ve been waiting in the shadows laughing at these cuck husbands who buy their wives range rovers instead of buying silver bullion... knowing that I’ll be face fucking their wives mouths for the 1.30$ it cost me to buy that silver dime.
Just yesterday at Whole Foods I seamlessly entered into conversation about Corona with a roastie milf that had a ring on her finger in the water aisle... and I said this is all a cover for trump to bring us back on a gold standard. She started looking at me in amazement like she wanted me to paint her lips in cum. At the end of the conversation I’m like take my number l have plenty of protection and freeze dried food if you ever need it and she took it from me.

>> No.18414624

>>18414258
yikes

>> No.18414943

>>18414179
>>18414258
Is this thing just a meme? Where does the current spot price come from then?

>> No.18415203
File: 178 KB, 1830x564, silver spot.png [View same] [iqdb] [saucenao] [google]
18415203

>>18414943
Spot price described in (pic related) is usually the lowest price quoted for silver. It can be influenced by paper silver. Like fractional reserve banking, many more claims than exist for any ounce of silver can exist. That's where the usdebtclock chart can shed some light (paper to silver). The price depicted in the usdebtclock chart shows Dollar:Silver based on the proportion of USD in circulation versus the physical supply of silver. If USD was pegged to silver that ratio tells you what it would be revalued at. More accurately it tells you what the purchasing power of silver would become. Paper:Silver ratio refers to silver futures contracts. The derivatives outnumber silver in such a way that it drives down the price of silver (spot) due to deflating the price per ounce. The Dollar:Silver ratio is depressed by the Paper:Silver ratio. So if the dollar was pegged to silver and it became worth 1/2,338 of 1 oz of silver, and if all derivatives were wiped out so that physical is the only price that mattered and the Paper:Silver ratio became 1:1 it would skyrocket the price of silver.

>> No.18415243

>>18414571
>>18415203
Bean Bag Buccaneers is a two player children's game, the object of which is to pick up your treasure chest on the central island and sail back safely.

Each player has a giant sailing ship as their main game piece. Each ship has a removable sail, two trigger-action side panels, and a huge spring-driven cannon. Players take turns moving forward along a prescribed track and shooting bean bags at their opponent's ship. A hit on one of the side panels will force it to pop off and give the player a free shot at the other side; a hit forcing the sail off becalms the ship for a turn.

To add to the pirate flavor, each player also has an eye patch. Wearing these will slightly affect depth perception and add a marginal bit of sport to the shooting.

This game retailed for the somewhat impressive sum of $16 back in 1962. With its huge plastic ships (close to a foot long), giant vinyl play mat, and the eye patches, it may well stand as one of the more overproduced games of the early 1960s.

>> No.18416336

>>18414179
yes

>> No.18416354

>>18414571
>1 silver Roosevelt dime will buy me a blowjob from a formerly well to do housewife and her 18 year old daughter at the same time.

Whatever delusional fantasy keeps you from blowing your brains out, you worthless heeb

>> No.18416580

>>18414571
kek