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72
Support the Squeeze... but can’t buy silver now (www.theepochtimes.com)
posted 5 years ago by HellofAWoman99 5 years ago by HellofAWoman99 +72 / -0
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Comments (30)
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▲ 17 ▼
– PurpleTea 17 points 5 years ago +17 / -0

Monday is going to be a bad day for Wall Street.

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▲ 10 ▼
– ConspiracyLinks 10 points 5 years ago +10 / -0

Freedom Day ??

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▲ 9 ▼
– HellofAWoman99 [S] 9 points 5 years ago +9 / -0

Living on a ??

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▲ 9 ▼
– Lonegunman65 9 points 5 years ago +9 / -0

I’ve been collecting silver Eagles (and some gold) Since 1986. The wife thought I was an idiot. Who’s laughing now.

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▲ 8 ▼
– LoganAct 8 points 5 years ago +8 / -0

Please tell me guys! Do I have to buy silver or what?

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▲ 10 ▼
– RadDog2020 10 points 5 years ago +10 / -0

yes

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▲ 8 ▼
– whomurderedepstein 8 points 5 years ago +8 / -0

If you can't answer that question for yourself you need to do more research. Head over to wsbets.win and search 'silver' to learn more.

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▲ 6 ▼
– Qfrog 6 points 5 years ago +6 / -0

here is a quick redpill for you:

  • the gold:silver mining ratio is 1:8, while currently priced at 1:100
  • silver is a vital component in military, electronics, green energy, batteries, medicine
  • it has unique properties for water purification and filtering systems
  • it's the most reflective and the most conductive metal, making it super usefull in industry
  • it's estimated you have 5-10 times more gold for investment form than silver, making it potentially way rarer
  • the equivalent of 70% of yearly production is destroyed because it is used in a non recyclable form such as printed circuit boards, while 98% of gold is recycled
  • you have to mine 12,5 tons of dirt to find only 1 gram of silver, yet it is worth less than a dollar.
  • from 2014 to 2019, the production decreased by 100M oz
  • in 2005, you had to process 9.4 M tons of ore to extract 123 M oz out of it. In 2019 it was 23.2 M tons to extract the same amount. Showing how scarce silver is getting worldwide
  • It is estimated that the silver mining supply will drop to zero by 2050
  • production is concentrated in a few countries (Peru, Mexico, China, Poland). China is already banning exportation.
  • silver is the MOST MANIPULATED asset on the markets, with 175 paper oz traded on the COMEX of each 1 oz existing. Silver is to banks what GME is to hedge funds. the potential gain are unimaginable.

Long story short: Silver is way more useful than gold yet way rarer and way cheaper. Today, this the most undervalued asset ever.

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▲ 8 ▼
– MyNameIsDurbs 8 points 5 years ago +8 / -0

I bought a few silver shares last week.... Let's see what happens!

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▲ 14 ▼
– rah1420 14 points 5 years ago +14 / -0

I’d much rather hold the product than fancy paper.

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▲ 2 ▼
– GreatNipples 2 points 5 years ago +2 / -0

Agreed so I did both

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▲ 9 ▼
– deleted 9 points 5 years ago +9 / -0
▲ 5 ▼
– rah1420 5 points 5 years ago +5 / -0

Numismatic coins have too much of a premium for me. I stick to junk silver and fractional bullion - all I can afford. A little at a time.

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▲ 1 ▼
– ElegantVelociraptor 1 point 5 years ago +1 / -0

As a complete novice who only just started paying attention to the stock market with $GME, how do you buy junk silver??

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▲ 1 ▼
– rah1420 1 point 5 years ago +1 / -0

It's sometimes called 90% silver. Coins minted pre-1964. If you plug that into DuckDuckGo you will find lots of sites.

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▲ 4 ▼
– Qfrog 4 points 5 years ago +4 / -0

buying paper will not change anything, as it is manipulated. only by buying physical you will hurt the bank and drive the price higher, as availability is scarce

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▲ 4 ▼
– MyNameIsDurbs 4 points 5 years ago +4 / -0

I guess I'm headed to the pawn shop.... :)

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▲ 3 ▼
– Factfiler 3 points 5 years ago +3 / -0

You need physical metal with quick access to it.

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▲ 2 ▼
– MyNameIsDurbs 2 points 5 years ago +2 / -0

Well, shit. Womp. Womp.

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▲ 6 ▼
– Gesirisi 6 points 5 years ago +6 / -0

Sucks because I was literally about to pull the trigger and buy silver bullion after years of thinking about it. lol

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▲ 6 ▼
– Lurking_Waiting 6 points 5 years ago +6 / -0

They halted selling till the market opens... $27.00 an oz too.... ????

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▲ 3 ▼
– HellofAWoman99 [S] 3 points 5 years ago +3 / -0

Hoping to get lucky myself. Someone told me last Wednesday to buy some.... next time I’ll listen ? %.

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▲ 4 ▼
– Lurking_Waiting 4 points 5 years ago +4 / -0

I already counted my stack. I see a few years of not working in my future.

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▲ 5 ▼
– RadDog2020 5 points 5 years ago +5 / -0

market opens at 5pm central US time, I can't wait to see this.

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▲ 4 ▼
– inquimous 4 points 5 years ago +4 / -0

It's higher, but you can still buy jewelry supply silver.

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▲ 5 ▼
– inquimous 5 points 5 years ago +5 / -0

PS I just bought a couple oz of silver wire on Etsy, price is up and stock is dwindling.

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▲ 4 ▼
– CuomosNippleRing 4 points 5 years ago +4 / -0

This is the most exciting thing I've seen in many years. I only have a very modest stake in this compared to the smart people who have been stacking silver for years, decades even (hats off to you guys, finally about to pay off) but I'm on the edge of my seat waiting to see what happens when the market opens. I mean, you can literally watch shit go out of stock in real time on any site that sells silver right now. Fucking beautiful insanity.

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▲ 2 ▼
– deleted 2 points 5 years ago +2 / -0
▲ 2 ▼
– morum 2 points 5 years ago +2 / -0

kek

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▲ 10 ▼
– deleted 10 points 5 years ago +10 / -0

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