No. But maybe you can tell me why you silverbugs are so sensitive when for one presents mathematical facts about silver. Perhaps you just don’t understand it’s a poor long-term investment and no facts can disabuse you of your dogmatic beliefs?
I bought Bitcoin over 2 years ago because it has a far greater upside potential than silver or gold. Let me know from today in 5 years which has a greater return.
Are you so worried that your bitcoin investment was bad that you need to shit on precious metals people?
Or is it just pure narcissism fueling your never ending need to make sure everyone here knows you’re on team bitcoin?
Like my guy, we get it. You’re bitcoin’s goatse. Let my silver bros talk silver without having to listen to yet another digital douche pontificate on vast superiority of ones and zeros over tangible assets.
People can invest in more than one thing, ya know?
No. But maybe you can tell me why you silverbugs are so sensitive when for one presents mathematical facts about silver. Perhaps you just don’t understand it’s a poor long-term investment and no facts can disabuse you of your dogmatic beliefs?
Perhaps you don’t understand that there are more factors to an investment vehicle than just the ROI?
Those other factors present risks to us that we are not willing to take on.
Crypto is too high risk for some people. Your refusal to accept that, and your narcissistic need to browbeat anyone that doesn’t agree with you borders on mental illness.
Imagine a group of people quietly talking amongst themselves, wearing MAGA hats.
You’re the fat blue haired leftist walking by who, instead of minding her business, is compelled to inject herself into the conversation because of the impulsive need to let everyone in the group know how wrong they are.
Bitcoin is a derivative of the dollar which is a derivative of gold. When the dollar collapses, all the purchasing power of your bitcoin will be transferred from holders of derivatives of money, to holders of actual money.
That was a fraudulent market. The 1980 silver surge was a function of two Billionaire brothers … the Hunts, attempting to corner the market. The feds shut that shit down and threw them in jail for it.
I disagree I think the Hunt brothers were more like a couple scapegoats rather than the reason. Look at gold or platinum or any commodity price chart from back then. Gold 8x Oil 4x platinum 5x They mostly all had huge multifold moves up in price but the Hunt brothers weren't cornering those markets at that time... Go check out SD bullions most recent YouTube video titled "HUNT BROTHERS 1980 Silver Price High Draws Near" around the 15:30 mark he covers this
That's the mainstream lie, as usual. The Hunt brothers were just doing what a sane person did in the 1970s when they realized the US government, now unhindered by gold-backed fiat $FedBux, were spending like drunken sailors. The "old-timers" understood this in the 1970s. Sadly, mainstream brainwashing has once again been the undoing of the masses.
The truth is, the currency manipulators (cabal banksters) made the government (commodites exchange) pass a new bankster rule (mistakenly called a "law) that prohibited futures speculation on silver in a single day. Because of this, speculators could not go "long" on the future price of silver. But they could still "short" the market. And this this new rule (law) in place, you'd have to be crazy to not "go short". Which is exactly what happened.
The following day, the commodities exchange, influenced by the cabal-bankster-currency-manipulators, forced an unprecedented 24-hour, $135 million margin call on the Hunt brothers. Not only did they not have that much liquid cash on hand, but their investment positions were also long in the futures market at the same time. Thus, in one fell swoop, they were forced by this OBVIOUS UNLAWFUL CABAL MANIPULATION to liquidate their assets (millions of bars of silver).
The Hunt brothers were simply "protecting their wealth" as anybody would at that time. August 1971 is when Nixon (really his cabal bankster handlers - presidents are muppets) decoupled $FedBux from gold. And it wasn't unitl August 1974 that Americans were once again LEGALLY allowed to own gold, following FDR's UNLAWFUL confiscation in 1933. By 1979, the cabal could now do anything they wanted to anybody, and that's exactly what they did to anybody that defied their control.
Most of "history" has been written by the lying cabal. This is simply one of a kazillion examples. Nothing is as it seems...
I never said what the Hunt brothers did was wrong. It WAS the reason for the price spike. ALSO, 100% yes. They got bent over and probed with a DC beltway colon plunger. My wording was not comprehensive. Thats on me. They went to jail for some bullshit administrative state made up rules. I 100% agree they were doing what anyone else would do in their position do.
All good man. I just wanted to "clarify" the BS story, that the Hunt bros were a couple of rich, entitled pricks that tried to 'corner the market" to screw everybody else over. The real "enemy" had to paint them as the enemy so they couldn't be fingered. Same thing as we continue seeing to this very day. Every single mainstream figure, be it in banking, media, government, legal, medical, academic, etc. is doing the same thing.
Frankly, the "real enemy" has yet to be identified, even amidst all this Q rhetoric. Q barely scratched the surface, and frankly, spent way more time pointing fingers at low-level muppets and minions with most of their drops. That old "Saudis--Rothschilds-Soros" triangle thing was even way off the mark, and that was as close as Q ever got to speaking truth to power (which wasn't very close).
But I guess that's just the way it is for now, and there are still very few people who are willing, let alone able to look past the surface narratives and get into the deeper truths. Q woke up a lot of people to the surface level shenanigans, but there's still a mighty long way to go.
Bringing Comey, Soros, Obama, Hillary, Schiff, Pelosi, Fauci, Gates, etc. to "justice" wouldn't even cause a minor hiccup for the, totally as of yet UNMASKED controlling cabal and their ongoing agenda. If anything, such events would only serve to further and deepen their long-standing agenda of promulgating VICTIM CONSCIOUSNESS. As if these bad actors can't be replaced in a nano-second. The controlling cabal has lines a mile long of minions waiting in the wings to fill all their shoes.
Net-Net, if only the masses knew what really happened to the Hunt brothers. Things would get interesting fast if they did. I though the 2013 movie "The Big Short" would wake up a lot of people to what really happened in the 2008-09 financial crash. But I don't think I know a single person that really understood what was so blatantly presented in that film. Even with the closing note about nobody going to jail for any of it didn't particularly strike anybody I know. They all just thought they watched an entertaining movie and figured "well there's nothing I can do about it" so back to the daily grind for me.
All of this and quite a bit more has led me to conclude, that until people finally realize just how wide, vast and deep all the lies they've been told are, the pace of this "Great Awakening" will continue to be glacial.
I often tell people, we're being lied to everything we can't easily verify for ourselves that gives the controlling cabal some advantage over usl. The whole Hunt brothers ordeal seems minor and insignificant in the grand scehme. But truthfully, it's not. It's vitally important that the masses understand their EMPLOYEES (government) are in the full-time business of lying, cheating, deceiving We-The-People for their own nefarious benefit. This has been true since 1865 and we've made next to no progress as of yet, in more people understanding this simple fact. Ron Paul has been the only person in the last 50 years that's even been in the ballpark of exposing the wizard behind the curtain.
Anon, one day you and I need to hang out and have a few beers, on me.
I consider my self well read and hyper-educated on these things, but you gave ole FarPointPatriot a humility check on his knowledge of the Hunt brothers story. Im diving back further down that rabbit hole RIGHT NOW than I was before.
Awesome my friend. That's why write such lengthy posts, in hopes that it will prompt people to do their own research. The simple rule of thumb is, always assume the mainstream story is loaded with lies. It's almost always true.
And yes, next time you wander over to the Big Island (Hawaii), would love to enjoy some frothy beverages with a fellow truth-seeker!
One thing I found that blew my mind was that, from the Congressional hearings (about the whole thing) investigators uncovered that 9 of the 23 board members that voted to CREATE that bullshit “Silver Rule 7” that forced the Hunt brothers futures broker (now Prudential) to close their long positions THAT SAME DAY …. WERE THEMSELVES SHORT SILVER.
That goes way beyond corrupt … that is fucking criminal. Talk about FASCIST. That is fascist as fuk. “Sorry Hunt Brothers … come up with $125 million(ish) in cash by close of business or we are closing your long positions.” Which is exactly what they did, causing all metals markets to crash. Scum bags.
I seem to be getting a nice payout towards the end of this year. If silver hasn't gone too crazy by then I might fill my canoe up again. But the way things are trending silver might already be on the moon by January
Ive done the hard math. The ACTUAL value of an ounce of Silver is $325oz. Strip away UNBACKED derivatives, adjust for inflation, acknowledge the massive deficits in the London AND COMEX free float (actual metal available for delivery), and assume a super conservative 1: 30-35 Gold to silver ratio … $325. When the world wakes up to the fact that Silver is the single most undervalued asset on the planet, the FOMO MIGHT (I dont think it will but many do) push it much higher.
By the way, LBMA is LYING through their fucking teeth about their free float. They have a clause in their holding contracts that allow them to access “fenced off” gold and silver if inventories run critically low. They include that ‘emergency reserve’ as free float. Thats bullshit, because any one of those true owners can roll up with a convoy of armoured trucks at any time, and leave out with their metals, and there aint shit the exchange can do about it.
If you use the historical ratio, silver would trade at 1:10 with gold, making it near $1,000 per oz., and this would be without factoring in the U.S. dollar materially depreciating from this point.
There are so many factors up in the air that it’s impossible to predict what the price will be in 5 years, but I do believe the tipping point will be when the fraud is exposed and the people (mostly well off boomers) holding paper silver realize that they actually don’t have any at all, you will see a frenzy the likes you have never seen before.
if PM's shoot way higher. Fiat will go down more, causing things like gasoline to go up and those on ARM mortgages will find themselves with higher mortgage payments. This is coupled with the Democratic Party refusing to allow the portion of the Government to reopen which will cause many people to go without.
do the USA Citizens have the guts to hold out and let it destroy itself faster?
the plan or the controlled demolition will have something in place to keep stability to daily people.
so say they keep the USA Dollar and it becomes strong again and homes all of sudden go down under 100,000 of the new USA Dollar and gas gets to say .99 cents of the new USA Dollar. Would people expect PM's to still be in the same price?
what I am trying to say is most of have lived our lives with inflation always increasing when I have always wondered what would happen to people if it was reversed. Would people have the ability to cope with that and even understand it?
I do believe retired people should have to pay zero taxes and in reality the taxes we pay now is rigorous.
I do not call it balance. I call it a common thread that both good and bad people use to do daily tasks in the USA.
for me if hyper inflation happens we will see PM's sky rocket. We can use that to pay off things and also help pay for over inflated things like utilities and food until things stabilize.
so a week it will take to get a new USA Dollar and everyone's banks and so on? It is very interesting to see what is going on and nothing I can do change it. I just can not see it being peaceful no matter how it is unraveled. The way that was pushed to unravel this spaghetti mess was to keep Citizens controlled by censorship, fear, propaganda, and so on. The huge knot that still is there will still have to be dealt with. Would we just cut off this knot and let it be? or just allow it to be there and just in a different location and not seen?
'Fly me to the moon'.....
No. But maybe you can tell me why you silverbugs are so sensitive when for one presents mathematical facts about silver. Perhaps you just don’t understand it’s a poor long-term investment and no facts can disabuse you of your dogmatic beliefs?
What “facts” are you referring to exactly? All the fundamentals say silver is the most undervalued asset on the planet.
Perhaps the issue is you just don’t know any facts?
On January 18,1980 silver hit its historical high of $49.45.
THAT WAS OVER FORTY-FIVE YEARS AGO!
In terms of 1980, the silver price today, adjusted for inflation, is around 13 bucks. Big deal!!
If you bought some 2 years ago it IS a big deal, and much bigger 2 years from now.
I bought Bitcoin over 2 years ago because it has a far greater upside potential than silver or gold. Let me know from today in 5 years which has a greater return.
Dude like what the fuck is your deal?
Are you so worried that your bitcoin investment was bad that you need to shit on precious metals people?
Or is it just pure narcissism fueling your never ending need to make sure everyone here knows you’re on team bitcoin?
Like my guy, we get it. You’re bitcoin’s goatse. Let my silver bros talk silver without having to listen to yet another digital douche pontificate on vast superiority of ones and zeros over tangible assets.
People can invest in more than one thing, ya know?
No. But maybe you can tell me why you silverbugs are so sensitive when for one presents mathematical facts about silver. Perhaps you just don’t understand it’s a poor long-term investment and no facts can disabuse you of your dogmatic beliefs?
Because I'm up 3x what I bought silver for over the past 15 years. I could sell but really want to see where this goes.😏
Perhaps you don’t understand that there are more factors to an investment vehicle than just the ROI?
Those other factors present risks to us that we are not willing to take on.
Crypto is too high risk for some people. Your refusal to accept that, and your narcissistic need to browbeat anyone that doesn’t agree with you borders on mental illness.
Imagine a group of people quietly talking amongst themselves, wearing MAGA hats.
You’re the fat blue haired leftist walking by who, instead of minding her business, is compelled to inject herself into the conversation because of the impulsive need to let everyone in the group know how wrong they are.
Get some help.
Dougie is missing the forest for the trees I think.
TulipCoin is more like it...
To each his own.
Bitcoin is a derivative of the dollar which is a derivative of gold. When the dollar collapses, all the purchasing power of your bitcoin will be transferred from holders of derivatives of money, to holders of actual money.
That was a fraudulent market. The 1980 silver surge was a function of two Billionaire brothers … the Hunts, attempting to corner the market. The feds shut that shit down and threw them in jail for it.
Keep you analysis apples to apples please.
I disagree I think the Hunt brothers were more like a couple scapegoats rather than the reason. Look at gold or platinum or any commodity price chart from back then. Gold 8x Oil 4x platinum 5x They mostly all had huge multifold moves up in price but the Hunt brothers weren't cornering those markets at that time... Go check out SD bullions most recent YouTube video titled "HUNT BROTHERS 1980 Silver Price High Draws Near" around the 15:30 mark he covers this
That's the mainstream lie, as usual. The Hunt brothers were just doing what a sane person did in the 1970s when they realized the US government, now unhindered by gold-backed fiat $FedBux, were spending like drunken sailors. The "old-timers" understood this in the 1970s. Sadly, mainstream brainwashing has once again been the undoing of the masses.
The truth is, the currency manipulators (cabal banksters) made the government (commodites exchange) pass a new bankster rule (mistakenly called a "law) that prohibited futures speculation on silver in a single day. Because of this, speculators could not go "long" on the future price of silver. But they could still "short" the market. And this this new rule (law) in place, you'd have to be crazy to not "go short". Which is exactly what happened.
The following day, the commodities exchange, influenced by the cabal-bankster-currency-manipulators, forced an unprecedented 24-hour, $135 million margin call on the Hunt brothers. Not only did they not have that much liquid cash on hand, but their investment positions were also long in the futures market at the same time. Thus, in one fell swoop, they were forced by this OBVIOUS UNLAWFUL CABAL MANIPULATION to liquidate their assets (millions of bars of silver).
The Hunt brothers were simply "protecting their wealth" as anybody would at that time. August 1971 is when Nixon (really his cabal bankster handlers - presidents are muppets) decoupled $FedBux from gold. And it wasn't unitl August 1974 that Americans were once again LEGALLY allowed to own gold, following FDR's UNLAWFUL confiscation in 1933. By 1979, the cabal could now do anything they wanted to anybody, and that's exactly what they did to anybody that defied their control.
Most of "history" has been written by the lying cabal. This is simply one of a kazillion examples. Nothing is as it seems...
The more you know...
I never said what the Hunt brothers did was wrong. It WAS the reason for the price spike. ALSO, 100% yes. They got bent over and probed with a DC beltway colon plunger. My wording was not comprehensive. Thats on me. They went to jail for some bullshit administrative state made up rules. I 100% agree they were doing what anyone else would do in their position do.
All good man. I just wanted to "clarify" the BS story, that the Hunt bros were a couple of rich, entitled pricks that tried to 'corner the market" to screw everybody else over. The real "enemy" had to paint them as the enemy so they couldn't be fingered. Same thing as we continue seeing to this very day. Every single mainstream figure, be it in banking, media, government, legal, medical, academic, etc. is doing the same thing.
Frankly, the "real enemy" has yet to be identified, even amidst all this Q rhetoric. Q barely scratched the surface, and frankly, spent way more time pointing fingers at low-level muppets and minions with most of their drops. That old "Saudis--Rothschilds-Soros" triangle thing was even way off the mark, and that was as close as Q ever got to speaking truth to power (which wasn't very close).
But I guess that's just the way it is for now, and there are still very few people who are willing, let alone able to look past the surface narratives and get into the deeper truths. Q woke up a lot of people to the surface level shenanigans, but there's still a mighty long way to go.
Bringing Comey, Soros, Obama, Hillary, Schiff, Pelosi, Fauci, Gates, etc. to "justice" wouldn't even cause a minor hiccup for the, totally as of yet UNMASKED controlling cabal and their ongoing agenda. If anything, such events would only serve to further and deepen their long-standing agenda of promulgating VICTIM CONSCIOUSNESS. As if these bad actors can't be replaced in a nano-second. The controlling cabal has lines a mile long of minions waiting in the wings to fill all their shoes.
Net-Net, if only the masses knew what really happened to the Hunt brothers. Things would get interesting fast if they did. I though the 2013 movie "The Big Short" would wake up a lot of people to what really happened in the 2008-09 financial crash. But I don't think I know a single person that really understood what was so blatantly presented in that film. Even with the closing note about nobody going to jail for any of it didn't particularly strike anybody I know. They all just thought they watched an entertaining movie and figured "well there's nothing I can do about it" so back to the daily grind for me.
All of this and quite a bit more has led me to conclude, that until people finally realize just how wide, vast and deep all the lies they've been told are, the pace of this "Great Awakening" will continue to be glacial.
I often tell people, we're being lied to everything we can't easily verify for ourselves that gives the controlling cabal some advantage over usl. The whole Hunt brothers ordeal seems minor and insignificant in the grand scehme. But truthfully, it's not. It's vitally important that the masses understand their EMPLOYEES (government) are in the full-time business of lying, cheating, deceiving We-The-People for their own nefarious benefit. This has been true since 1865 and we've made next to no progress as of yet, in more people understanding this simple fact. Ron Paul has been the only person in the last 50 years that's even been in the ballpark of exposing the wizard behind the curtain.
Anon, one day you and I need to hang out and have a few beers, on me.
I consider my self well read and hyper-educated on these things, but you gave ole FarPointPatriot a humility check on his knowledge of the Hunt brothers story. Im diving back further down that rabbit hole RIGHT NOW than I was before.
This is why I love this place.
Awesome my friend. That's why write such lengthy posts, in hopes that it will prompt people to do their own research. The simple rule of thumb is, always assume the mainstream story is loaded with lies. It's almost always true.
And yes, next time you wander over to the Big Island (Hawaii), would love to enjoy some frothy beverages with a fellow truth-seeker!
One thing I found that blew my mind was that, from the Congressional hearings (about the whole thing) investigators uncovered that 9 of the 23 board members that voted to CREATE that bullshit “Silver Rule 7” that forced the Hunt brothers futures broker (now Prudential) to close their long positions THAT SAME DAY …. WERE THEMSELVES SHORT SILVER.
That goes way beyond corrupt … that is fucking criminal. Talk about FASCIST. That is fascist as fuk. “Sorry Hunt Brothers … come up with $125 million(ish) in cash by close of business or we are closing your long positions.” Which is exactly what they did, causing all metals markets to crash. Scum bags.
Ridiculous counter-argument.
Shh!
Pipe down! I wanna buy more on Monday
I seem to be getting a nice payout towards the end of this year. If silver hasn't gone too crazy by then I might fill my canoe up again. But the way things are trending silver might already be on the moon by January
Considering it. When it re-tests ~$39 ... twice.
Looks like I need to consolidate my stash, lol, and get a count. Have some 10oz rounds might be for sale soon..
I thought you lost your stash in a boating accident?
No, that was my arsenal.
Ive done the hard math. The ACTUAL value of an ounce of Silver is $325oz. Strip away UNBACKED derivatives, adjust for inflation, acknowledge the massive deficits in the London AND COMEX free float (actual metal available for delivery), and assume a super conservative 1: 30-35 Gold to silver ratio … $325. When the world wakes up to the fact that Silver is the single most undervalued asset on the planet, the FOMO MIGHT (I dont think it will but many do) push it much higher.
By the way, LBMA is LYING through their fucking teeth about their free float. They have a clause in their holding contracts that allow them to access “fenced off” gold and silver if inventories run critically low. They include that ‘emergency reserve’ as free float. Thats bullshit, because any one of those true owners can roll up with a convoy of armoured trucks at any time, and leave out with their metals, and there aint shit the exchange can do about it.
If you use the historical ratio, silver would trade at 1:10 with gold, making it near $1,000 per oz., and this would be without factoring in the U.S. dollar materially depreciating from this point.
There are so many factors up in the air that it’s impossible to predict what the price will be in 5 years, but I do believe the tipping point will be when the fraud is exposed and the people (mostly well off boomers) holding paper silver realize that they actually don’t have any at all, you will see a frenzy the likes you have never seen before.
I hear ya...
Didn't get the Trading Places reference?
u/#ToTheMoon
u/#WoahCat
if PM's shoot way higher. Fiat will go down more, causing things like gasoline to go up and those on ARM mortgages will find themselves with higher mortgage payments. This is coupled with the Democratic Party refusing to allow the portion of the Government to reopen which will cause many people to go without.
do the USA Citizens have the guts to hold out and let it destroy itself faster?
the plan or the controlled demolition will have something in place to keep stability to daily people.
so say they keep the USA Dollar and it becomes strong again and homes all of sudden go down under 100,000 of the new USA Dollar and gas gets to say .99 cents of the new USA Dollar. Would people expect PM's to still be in the same price?
what I am trying to say is most of have lived our lives with inflation always increasing when I have always wondered what would happen to people if it was reversed. Would people have the ability to cope with that and even understand it?
I do believe retired people should have to pay zero taxes and in reality the taxes we pay now is rigorous.
I do not call it balance. I call it a common thread that both good and bad people use to do daily tasks in the USA.
for me if hyper inflation happens we will see PM's sky rocket. We can use that to pay off things and also help pay for over inflated things like utilities and food until things stabilize.
so a week it will take to get a new USA Dollar and everyone's banks and so on? It is very interesting to see what is going on and nothing I can do change it. I just can not see it being peaceful no matter how it is unraveled. The way that was pushed to unravel this spaghetti mess was to keep Citizens controlled by censorship, fear, propaganda, and so on. The huge knot that still is there will still have to be dealt with. Would we just cut off this knot and let it be? or just allow it to be there and just in a different location and not seen?
Yup, I have 5kg (wish I bought more)...