If Silver really went anywhere near $2k / oz, plan on everyone melting down their tv's and phones and any other gadgets that have silver in them. All these solar panels everywhere.......imagine how much those would be worth melted down.
You'd have to sell phones, tvs, etc for at LEAST the price of the silver contained in them, which would make them insanely expensive. Then people will just go melt them down anyway.
You can't even keep people from stealing copper Tesla charging cables, and copper is cheap AF by comparison.
Just my own thought. Maybe Im way off.
Honestly, though, Im perfectly happy to go back to the stone age with stacks of silver in my cave.
The amount of Silver in most devices is extremely small. The technology to remove the silver in usable form isn't available to most people and would cost something to implement. So no, that isn't going to be the determining factor here. Yes, the cost of these items will go up and likely slow demand. But that will just ensure that silver is properly allocated due to it's scarcity. The more frivolous uses will go away. Maybe getting everyone to buy solar panels is a way to more widely disburse this valuable asset amongst the population? Perhaps in the future everyone will be taking down their panels and cashing in? Who knows, maybe that's the plan?
Solar has a lot of silver in it and would probably no longer be profitable. But a phone has supposedly like $0.10 of silver in it. I wouldn't worry that we would loose access to all tech due to higher silver price
By the time silver launches, there will be a new financial system inplace where money printing would be a thing of the past. The globalists will have lost their power on countries, the treasonous bastards will be in gitmo, the US dollar will be shelved and a new dollar backed by gold and silver will be in place. That is when you could trade in the silver and gold and buy things with ease. Until then, hoard it, or do what i do and take it on fishing trips. Silver is a great fish finder.
Who has kept the price of silver artificially suppressed for decades? Who suddenly "might" (that means it's already been decided) be retiring sooner than expected?
China switches strategy from stacking Gold to "Take all the Silver." Sticking it to US short sellers and market riggers.
Reddit Apes started #SilverSqueeze movement but We ain't nothing. It's all About China and their Unified Focus. Watch TikTok fuel the Real Silver Squeeze.
I've been staking a little for a while now - waiting for the silver revaluation to happen. I hope AJ is right and people figure out the game.
Man do I hope he is right.
Interesting. So how quickly will the discussion go from Reddit to reality?
Hours? Days? Weeks?
Anyone have a guess?
I think it is happening in slow-mo right now - some people are seeing it happen. Check out this chart:
https://www.apmex.com/silver-price
Look at that stair step! I cannot imagine that a market would create such a pattern unless it is being manipulated.
Thankq for the chart link. Nice alternative to Kitco
So if all the manipulation were suddenly removed, what would the real price of silver be? Anyone?
IDK. Might ruin technology as we know it.
If Silver really went anywhere near $2k / oz, plan on everyone melting down their tv's and phones and any other gadgets that have silver in them. All these solar panels everywhere.......imagine how much those would be worth melted down.
You'd have to sell phones, tvs, etc for at LEAST the price of the silver contained in them, which would make them insanely expensive. Then people will just go melt them down anyway.
You can't even keep people from stealing copper Tesla charging cables, and copper is cheap AF by comparison.
Just my own thought. Maybe Im way off.
Honestly, though, Im perfectly happy to go back to the stone age with stacks of silver in my cave.
The amount of Silver in most devices is extremely small. The technology to remove the silver in usable form isn't available to most people and would cost something to implement. So no, that isn't going to be the determining factor here. Yes, the cost of these items will go up and likely slow demand. But that will just ensure that silver is properly allocated due to it's scarcity. The more frivolous uses will go away. Maybe getting everyone to buy solar panels is a way to more widely disburse this valuable asset amongst the population? Perhaps in the future everyone will be taking down their panels and cashing in? Who knows, maybe that's the plan?
Great thoughts!
Solar has a lot of silver in it and would probably no longer be profitable. But a phone has supposedly like $0.10 of silver in it. I wouldn't worry that we would loose access to all tech due to higher silver price
Perhaps it is a good idea.
😆 I had no idea Trump said that.
I made a similar comment on Gab just 3 days ago.
I have replaced my wipers 5x in 4 years.
Growing up, I swear I saw my Dad replace the wipers maybe 3x in 18 years.
I've definitely noticed the built-in degradation of wipers.
The ChiComs use scrap/junk rubber to make the wiper, then sell the junk to us at $25 a pop.
Yeah. The amount of silver in a 5G tower? Those won't last. Tesla/EV motors? There's like 5lbs of silver in each motor. Gone!
"Copper thieves" will surely become "silver thieves" overnight and nothing infrastructure-related that has any melt value, will be safe.
True. At least the fortune seekers can then be counting their blessings.
This would make a used Tesla worth something! LMAO
But if it’s expensive can we go back to the great quality we had in the past where it runs for a long time and can be repaired versus cheaply replaced
There is only one corroraly to expensive leading to quality: .gov monopoly.
The latter is without fail: expensive and lousy. Like Nervous Nancy.
Im secretly hoping that's the plan.
We can either have Humanity, or we can have digitization of everything, but not both
I choose the former........
Why do that when you can grow your own.
58 Troy Ounces Of Silver In 15 Days
I was wondering why all the Tesla charging stations I saw this weekend were missing their plugs…
That's the $60,000 question! I'm curious too! And if silver goes to the moon, am I willing to give mine up in exchange for paper currency?
GIve up enought to pay off all debt, (if any) at pennies on the FRN
If it happens I'll be able to do just that!
By the time silver launches, there will be a new financial system inplace where money printing would be a thing of the past. The globalists will have lost their power on countries, the treasonous bastards will be in gitmo, the US dollar will be shelved and a new dollar backed by gold and silver will be in place. That is when you could trade in the silver and gold and buy things with ease. Until then, hoard it, or do what i do and take it on fishing trips. Silver is a great fish finder.
Short answer, no. I sit on it so I can have something to barter with when the currency loses all value.
I just watched a Bo Polney podcast a few days ago talking about this. Selling/buying would halt as dealers would have no idea of the actual price.
Who has kept the price of silver artificially suppressed for decades? Who suddenly "might" (that means it's already been decided) be retiring sooner than expected?
https://nypost.com/2024/05/20/business/jpmorgan-chase-ceo-jamie-dimon-68-hints-hell-retire-sooner-than-expected/
200oz and still stacking when i can
This is a good read
China switches strategy from stacking Gold to "Take all the Silver." Sticking it to US short sellers and market riggers. Reddit Apes started #SilverSqueeze movement but We ain't nothing. It's all About China and their Unified Focus. Watch TikTok fuel the Real Silver Squeeze.
https://thesilverindustry.substack.com/p/china-switches-strategy-from-stacking
Thanks for posting. This article is very enlightning.
Interesting to the wild price action today .... in relation between Silver, Euro and Dollar.