Gold is the money of kings.
Silver is the money of gentlemen.
Copper is the money of merchants.
Lead is the money of warriors.
Barter is the money of serfs.
Debt is the money of slaves.
You have all the right to own Silver. (Fun fact, not too long ago you were not allowed to own Gold in a lot of countries)
If you so like the metal then sure go ahead and buy it. But if you think by buying Silver right now you show them who the boss is, then you are completely wrong.
If you're just NOW buying silver, you may have waited until too late. Should have bought that shit back when it was cheaper, in bulk, coins, etc. and put it away in a safe place...forget that it's there, never dip into it, and if or when TSHTF, bingo, ya' got something to barter and trade with. It's the Big Boys trying to use the recent Game Stop fiasco to teach "the little people" a lesson and lure them into silver purchases... don't do it.
I do actually think retail investors are about to get taken for a ride in the silver market, however, I also think silver is grossly undervalued in the same breath.
Why do I think retailers will get taken here in the short term? JP Morgan owns almost a billion ounces of silver bullion and has owned over 600 million for quite a while and has been playing the long-term 'short squeeze' on the silver market. Should silver be $60+ an ounce right now == ABSOLUTELY! Will it get to $60 an ounce in the next few months? Who knows, it is way different than the stock market and the #s are orders of magnitudes higher. What silver should be and what silver actually is at, are two totally different numerics that are not even in the same universe. I know it is weird to think about but it is the fake financial world we live in.
So that works for trees. I suspect trying to desperately get ready for TSHTF now is... well... um, let's just say "difficult" and leave it at that. Yeah, you can go to COSTCO and try to get some bulk bags of rice and beans and maybe enough water to last for a bit, but I'm telling you, the window is closing FAST!
I come from a long line of farming stock. I'm not comfortable without six months to 1 full year of all necessities. I would have made a good boy scout.
You getting played. Silver is not the new GME. You won't be able to trigger a short squeeze. And again, Citadel hold 2mill SLVs, Silver price goes up, SLV price goes up.
I saw 37 million options for Citadel, and JP Morgan has between 600 million and a billion ounces of physical silver. Silver is a magnitude of scale larger than anything GME could do. Silver is a cornered market by a handful of large $$$ players.
If there isn’t enough physical silver to cover the short, the big players holding paper silver will be paid out in worthless fiat. Who the fuck cares what the price is (in fiat) if the currency is being devalued due to rapid inflation.
You can’t base an assets value in a fiat currency that is failing. What happens when no one wants to hold the petrodollar? All of a sudden silver is looking pretty good. At least it has an agreed upon, tangible value.
At least your silver stacks can’t be wiped out from an EMP or solar flair.
Once more. Don’t buy paper silver, buy physical.
You buy physical Silver -> SLV goes up.
And DON'T trust any account created after the election. OP IS A FAT SHILL>npc.
What about silver paper?
Yes everyone Please Listen to the approved Reddit message. KEEP YOUR MONEY IN OUR BANKS!
Physical Silver is for kings only. You peasants have NO RIGHT!
Gold is the money of kings. Silver is the money of gentlemen. Copper is the money of merchants. Lead is the money of warriors. Barter is the money of serfs. Debt is the money of slaves.
And Blood is the Money of Patriots.
I will have to add that to the list!
Ag is for gentleman.
Gold is for kings.
ok fine fair. Well then Silver is for the the royal land owners and the rich.
You peasants must keep your money in paper and in the banks so we can take it from you when we see fit.
You have all the right to own Silver. (Fun fact, not too long ago you were not allowed to own Gold in a lot of countries)
If you so like the metal then sure go ahead and buy it. But if you think by buying Silver right now you show them who the boss is, then you are completely wrong.
eh my god this forum is filling up with tards like you.....
Physical silver. Starve them.
I'm gonna invest in a pizza and a six pack of beer
Good luck holding after 6 beers.
I'll go in with you for halfsies....
Well let me ask you.. pizza with or without pineapple?
Nice try shill
SLV!=Ag
If you're just NOW buying silver, you may have waited until too late. Should have bought that shit back when it was cheaper, in bulk, coins, etc. and put it away in a safe place...forget that it's there, never dip into it, and if or when TSHTF, bingo, ya' got something to barter and trade with. It's the Big Boys trying to use the recent Game Stop fiasco to teach "the little people" a lesson and lure them into silver purchases... don't do it.
“The best time to plant a tree was 20 years ago. The second best time is now.”
This ^^^.
I do actually think retail investors are about to get taken for a ride in the silver market, however, I also think silver is grossly undervalued in the same breath.
Why do I think retailers will get taken here in the short term? JP Morgan owns almost a billion ounces of silver bullion and has owned over 600 million for quite a while and has been playing the long-term 'short squeeze' on the silver market. Should silver be $60+ an ounce right now == ABSOLUTELY! Will it get to $60 an ounce in the next few months? Who knows, it is way different than the stock market and the #s are orders of magnitudes higher. What silver should be and what silver actually is at, are two totally different numerics that are not even in the same universe. I know it is weird to think about but it is the fake financial world we live in.
I think about it like this: Roughly 50+ % of all USD to ever exist, was created in the last year. How do you avoid massive inflation as a result?
I’m not so much concerned about silver appreciating in value, as much as the value of fiat currencies dropping in comparison.
It’s not like the silver mines can go “brrrrrrrrrrr”.
I’m just looking for a vehicle to ride out the inflation, and one that can’t be wiped out by a solar flair or EMP.
So that works for trees. I suspect trying to desperately get ready for TSHTF now is... well... um, let's just say "difficult" and leave it at that. Yeah, you can go to COSTCO and try to get some bulk bags of rice and beans and maybe enough water to last for a bit, but I'm telling you, the window is closing FAST!
I come from a long line of farming stock. I'm not comfortable without six months to 1 full year of all necessities. I would have made a good boy scout.
Don’t buy the paper stuff, it’s that simple
It was a reaction to all the people here suggesting to buy silver.
hmmmmmmm
You buy physical Silver -> SLV goes up.
You getting played. Silver is not the new GME. You won't be able to trigger a short squeeze. And again, Citadel hold 2mill SLVs, Silver price goes up, SLV price goes up.
Silver is a good investment, period.
If you're buying silver en masse like a stock, you're doing it wrong.
Silver is long game, retirement futures.
I saw 37 million options for Citadel, and JP Morgan has between 600 million and a billion ounces of physical silver. Silver is a magnitude of scale larger than anything GME could do. Silver is a cornered market by a handful of large $$$ players.
If there isn’t enough physical silver to cover the short, the big players holding paper silver will be paid out in worthless fiat. Who the fuck cares what the price is (in fiat) if the currency is being devalued due to rapid inflation.
You can’t base an assets value in a fiat currency that is failing. What happens when no one wants to hold the petrodollar? All of a sudden silver is looking pretty good. At least it has an agreed upon, tangible value.
At least your silver stacks can’t be wiped out from an EMP or solar flair.
I got a universal constructor on my left, and a 3-d printer with silver nano-powder on the right.
.... silver nano powder is silver. That’s just buying silver with more steps.
Sssh don't tell anyone