PLEASE!!!! HELP
BUY SILVER
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If Silver gets down to like $5 I'll probably buy some shiny coins lol why not.
>silver is a store of value
>60% of silver demand is for industrial uses
bigthink.jpg
Im going in on long term silver calls but not yet. Price will go up and down next weeks but consistently down then ill buy in at 15-20$ strike price for winter expiration. Im the same user that was telling you to buy airline puts two weeks ago btw i hope some of you anons listened i like you cunts and wanted you to make money.
Lol, you retard. Buy Puts not silver. You're doing it wrong.
>silver is a store of value
Congress should let more companies start on the thesis of buying a few ounces of gold, and after selling millions of people the same ounce of precious metals, keep the ponzie scheme going by having just enough metal to give to the few people who want the actual metal. Problem is congress never will allow fairness to be restored to precious metals market because physical metals are a perfect counterpoint to fiat currency, and so companies are allowed to create "paper markets" that eclipse precious metals markets making them behave the same way as the paper. By making 99% of the precious metals market basically millions of paper claims on a handful of metal, the claims on paper metals are just as worthless as the paper claims on an account with zero balance at the Jewish private central bank.
>He didn't buy several ounces a week during the 2000s when it was only 5 dollars an ounce
>He didn't sell it all for 30 dollars an ounce back in 2011
LMAO
lmfao you just know silvercucks thought this was finally their day when the virus broke out. nope, still losers! haha
>2008 crash
>comodities take a severe hit to their value
>2020 comes around
>people buy comodities when we aren't even half way through the crisis with no bottom in sight yet
imagine being this fucking retarded, you deserve to lose your money
Should clarify that im buying SLV ishares silv trust
good luck most silver is all sold out selling for double premiums now
>SLV ishares silv trust
what's the tax treatment on that? do you have to list out all the distributions on your tax?
Shares are taxed as collectibles. Think its like high 20something %
why not buy miners instead?
Nope holding out for copper.
Imagine owning anything right now except for guns and bullets.
Richfags btfo.
I told you yesterday ’member? Second hand markets in Sweden was trading at 40 % below spot. I told you silver would crash this week. This week will be a SLAUGHTER. Boomers are gonna die who the fuck will buy their stupid silverinoos and golderinooos?
Play stupid games win stupid prizes.
Maybe you faggots should buy bitcoins and fuck yourselves faster.
hope you weren't paper-trading it
>b-but guys, Silver and Bitcoin are great hedges against a falling stock market!
Turn your US dollars into something other than US dollars, it's that simple people.
US economy begins to crash
Pull money out of US economy
Put into safe foreign currency, precious metals, or bitcoin
Feel smug
world currencies have been tied to the dollar since it became the world reserve currency
there's no safe foreign currency, unless it belongs to a country that doesn't trade internationally in US dollars
Why are people even selling???
Bad move user. You need to invest in fagcoin and cigarettes user. user please fagcoin isn't a bubble.
this is unironically one of 2 or 3 times in your LIFE where you will be able to buy noble metals this cheap
Because they want dollars/fiat money.
Funny. When I told people over in Yas Forums that silver was going to go below $12, they thought I was nuts.
If the vendor would only get with the program and drop the price of the monster boxes, I would buy right now. But they're still priced at $19/oz, which I'm not going to pay, even if the world IS going to die of chinese bat death
I can't I dun have any money right now :(
Countries will have better things to spend their money on than solar panels for the foreseeable future.
Paper silver is collapsing, nobody is selling real silver, there is a +5$ premium on paper vs real and coin stock is really low. Silver is gonna moon hard this week. Real one of course.
>shiny metals when all of civilization is collapsing
precious metal fags btfo, maybe raiders will use your gold bullion as decorations on their apocalypse trucks
illiquidity problems, investors are turning to their commodities to raise cash
I may dip into the one that tracks all silver mining but that im just not that familiar with mining companies plus i dont know how long production will be hindered from coronachan
>raiders
you must be 18 or older to post on this site.
you don't buy silver for the post WW3 fallout dystopia you fucking freaks. you buy it for the same reason every other richfag is buying precious metals.
dumb normalfags will lose everything they ever saved in their savings account or insurance while rich mcrichface keeps almost 100% of his former wealth and when the game starts again he will start with an even bigger lead than before
and yet the premiums on physical are skyrocketing
we are accelerating towards a New Vegas future, accept it kraut
why would anyone liquify their assets when the feds print money and QE like crazy?
comes the post apocalyptic hellscape, I will trade these for 2 oz silver per lighter. A bargain really, and the price will go up over time.
>new vegas future
you would be king in new vegas with 9999 silver in your pocket
you can't eat silver
Tell Crassus, though technically that was gold.
$4 in 1976 and selling for $50 in 1980
>1976 fuck me i didnt buy that when i was born.
>1980 and fuck why didnt i sell ah because i wasnt born either
>muh boomer rocks
TP is King
OK Silverstein
You missed the party then. The Hunt Brothers of Texas tried to corner the silver market. Prices shot up so high that people all around America were melting down grandma's silver set and any old coins they could find.
Once the Hunt Brothers ran out of money to keep buying, the scheme collapsed and the price dropped like a rock.
this
Paper silver and gold is being sold by financial institutions to cover their massive losses.
Of course there's 100 times as much paper silver and gold as there is physical gold and silver.
Thus precious metals price collapses, all without any institution or investor having to have any physical metal in their possession at any time. It's a racket basically to suppress the actual value of precious metals versus worthless toilet paper fiat currency.
Just look what JP Morgan has been doing with physical silver. They've horded the largest physical pile of silver in human history. They wouldn't do that to lose money.
How long did bullion decline in 2008 before it started going up again? The dip is obviously from forced deleveraging, but I have no idea how long and low it'll go before rallying.
Silver Beetles are the biggest investment suckers around. They constantly get grifted by (((investment advisors))).
Remember its not physical silver and gold being sold. It's paper certificates.
>20 dollar strike
>gets to 19.99 and loses all his money
What a retard.
>How long did bullion decline in 2008 before it started going up again?
200 years
The paper price can be pushed to $0. Don't give a fuck. You can't get any physical right now.
/thread
I'm a silverchad and can start a fire with a bow drill. Suck my cock.
There was a playboy article from the 80's called "Silverfinger" that was a good read about the incident.
Silver collapsed in 08-09 and hit $50 in 2012.
You're retarded if you're selling physical silver right now, and all major vendors are out of stock today.
Threadly reminder
Some of us have been prepping for years and buying silver and ammo all along
Enjoy those bitcoins guise. See you at the big igloo
Better get a commemorative silver coin before the price goes back up
Sorry, Burgerino. Thank you for your shekels.
My bullion dealer has suspended trading, they won't sell anything....
Everything is listed as out of stock for me. Was gonna buy a decent amount.