>russia and china massively dumping US currency
>national debt increading with no forseeable end
>the demand for industial use is at all time high
>supply is plateauing, even dropping slightly
Whats your opinion on silver at the beggining of 2019 Jow Forums?
Other urls found in this thread:
ecb.europa.eu
twitter.com
I have 800 oz and need to get more
What do you think about all the hype recently?
Do you think it could be a red flag?
even gold isn't wanted much these days, why buy something wanted even less? silver is worthless for storing money, way too heavy and way too worthless.
gold is not wanted? Any time a recession happens all valuabe metals see increase in demand
Too expensive per weight and too tarnishable for a precious metal. Buy gold or platinum.
Price is still historically low. Good time to buy
>silver is worthless for storing money
Silver has been fuctioning as currency for the last 6000 years. The fact that it is so cheap right now that weight is an issue is a great indication to buy
>even gold isn't wanted
Goverments are hoarding the stuff, and people who know better
Too cheap*, meaning if you want to move around a lot of silver it will be difficult.
we've yet to see one with bitcoin in the picture.
and gold has been functioning as a much better one, and even gold is losing it's shine.
>HuRR DURR I cans get so much silver with my money right now that its a problem
Literal buy high sell low retard tier posting
I bet you still hold LINK and BTC too
Not gonna lie, this is a pretty retarded reason to not invest in a precious metal
Interesting. What effect do you think crypto will have on recession and vice-vresa?
>weekend
>totally ignorant people who bene listening to peter shchiff come to biz telling silver gonna moon and dollar gonna crash
truth is exactly the opposite is going to happen
I never even bought link, faggot.
I work with precious metals all day, silver is a pain in the ass to lug around for what it's worth and you certainly can't keep a valuable stack in a safety deposit box.
enjoy your boomer rocks
you are full of shit
True, but I dont have money to buy that amount anyway
Smart money is loading silver and gold. I believe within the next couple years the precious metals run will begin. If you have 1000oz of silver you'll make it.
>yanggang
ignored
>rock
Best electrical conductivity of all elements
Best light reflectance of all elements
Best thermal conductivity of all elements
50% of all silver mined is used in industrial use
How are you planning to manage your silver during upcoing months? How do you see its position on the market ?
Silver is a good buy at the moment. It's cheap and not many people are in the market on the investment side. Most of it is on the industrial side. That means either way, it has a lot of room for growth. I'd rather be buying low with not a lot people in the market than buying high when people are rushing into the market.
I want it
AS USUAL EVERY FUCKING TIME:
It is stupid to invest only in one thing.
Have some of the thing that might be useful:
> have some silver and gold
> have some crypto
> have some guns and ammo
> have a food supply and water filtering system
> have some stocks
and most important
> have a family and community trusting each other with useful skills and do not live in a fucking city depending on the goverment
No matter what will happen, you and your networth is partly saved.
Go all in one thing? You have to hope for the special doomsday scenario in which your pick is needed.
>fallout fantasy
this is why we cant have good threads
I don't have that fantasy, people saying
> lol you need x
> lol retard no you need y
are the idiots.
>conservatard goldbug
neck yourself
silver is too fucking heavy for the price, how are we supposed to deal with that anyway? it sucks
About 230 ounces of silver and 23 ounces of gold in my safe right now. I hope they stay low for at least another five years so I can get to 500 and 30.
Just imagine if I had known then what I know now. I could have easily bought fifty or sixty ounces in 2001.
gold can get inflated just like fiat, no difference.
same with silver, its all rocks . literally switching from us dollar to gold is like lighting the economy on fire. and hyperinflation didnt happen, go ask the feds.
the gov is stronger than ever, the reason fiat is so successful is cause the stores keep stocking up and businesses dont lose all their assets .
the gov is not stronger than ever if there's that many political problems. how fiat is created is a real problem, what are you even saying.
delusional
Hyperinflation definitely did happen since the US went off the gold standard, you’re just too young to have experienced it.
take the stickers off of your laptop
I pulled the trigger and bought 50 gram
bar of Valcambi Suisse gold. What happens now?
Prison pocket
You wait 30 years. We’ll keep you company fren.
now you rub your hands together
Why dont mods delete these /x/ tier threads?
sage and hide
How are metal salesmen shilling their nonsense any different from crypto merchants doing the same thing and scamming idiots in multiple threads simultaniously for years?
>investing in PM right before the yuan is about to fall into a deflationary spiral
>yanggang
Choke on rice gook
>Stacking money is /x/ tier
Kys newfag
>How are you planning to manage your silver during upcoing months?
To keep accumulating like the kike overlords are
>How do you see its position on the market ?
Severely undervalued, its ratio is like 80+:1 currently. They rigged this through futures and ETF’s. The mining ratio is only 8:1.
Gold is literally worth 1300 an oz
It doesn’t matter what the fucking dollar does.
Silver is massively under valued and the supply of paper silver is multi times the amount of actual, physical silver. Gold is 1300 an oz, silver should be around 130 an oz.
YES GOY! Bitcoin will MOON in a deflationary/hyperflationary collapse! NO WAY metals will do that, they have NOT done that for thousands of years! Also, we are STACKING metals for no reason!
This. JP Morgan is holding millions of pounds of the silver for a reason.
>hurr durr muh apocalypse
No one stacking metals thinks civilization is going to collapse, only the god damn economy.
Time to back the truck up and load up on silver
i dont know, but it can't be positive for traditionally thought of havens like gold, even if bitcoin doesn't perform during a recession, it will definitely steal attention.
>thousands of years
we've only had the internet for 25, 30 at best. we've only had widespread financial utility on that network for ~15, and we've only had bitcoin for 10.
gold hasn't had any competition because we've only been in a digital age for a few decades, now everything is going digital, you think we're going to regress back on something as fundamental and required as money? that's not how society has ever worked.
and has been hovering around that price magnitude for a long, long time now. gold isn't going to save you from anything other than inflation.
>all elements
out of all pure metals you mean
>electrical conductivity
ceramic superconductors are the best
>light reflectance
non-metallic metamaterials
>thermal conductivity
diamonds are better and at a wider range of temperatures
>hold metal
>get it stolen on every border
>hold bitcoin
>be safe
wow
Can't you just bury the metals somewhere and be like idk what metals ur talking about?
The point of buying precious metals isnt to fucking take it to another country. Where the fuck you going to go anyway? Your white and youll be killed in any other country you go to. You have to stay.
If you're a burger, does your state have sales tax on bullion? My state just implemented it this month and I'm fucking pissed. Why can't silver be 20 an ounce right now so I don't feel retarded for not buying.
I bought some bars and am in Cuckfornia and do not recall a sales tax on it.
Why?
This shit is a fucking scam. Look at the GITHUB you fucking morons.
same as ever. everything critique you posted has been true, for years now
>800
im not gonna make it
gotta rally before you crash man. anyone with skills in basic arithmetic knows global governments cant pay their debts
kekd loudly
YES GOY! Gold and specifically silver have NO industrial uses, going back to a gold standard WOULD be regressive! Buy BITCOIN it will MOON! Gold has had ZERO competition! No one buys STOCKS OR BONDS!
>moving to a 3rd world
>actually giving the goverment your stack willingly
you really think they’ll have the military busting down doors for Gold/silver? Fuck no. No one even went to jail off that EO and only 10% of the goys actually handed over their gold for a 30% loss
What does this thread think of platinum as a extra hedge. Would it be worth it???
>Hold Bitcoin
>get your keys stolen on every border.
What's a good place to buy silver online? I don't want to store any physical assets.
>store your wallet seed in your brain
>literally carrying all your money in your brain
Imagine fudding crypto in this situation LOL
Perth Mint online depository. Each ounce is backed at their vault.
How does this really work?
Can you sell it whenever you want to?
What if they refuse to give you your metals?
In my country ounce goes for 15-18 euro so physical is not worth it at all
It is a government operation and backed by the federal government.
You can choose bars with serial numbers that you can pick up whenever (has a storage fee) or unallocated silver which is owned by you for x.xxx ounces.
It is highly unlikely 99.99999% not going to happen in our lifetime and they will not refuse you your silver. If they do you can just cash it in I guess in the off chance.
Why does the civilisation has to collapse for that?
Weimar, Greece, Venezuela or any other shitcountry with fucked up fiat system where you know if you trade with silver you can turn that into actual worth as soon as things stabilize again.
You guys always going into the extreme hurr durr Mad Max / Fallout world setting.
Have some of everything, no matter what you are prepared.
>giving money to someone who gives you a piece of paper saying you own something that they keep
If you're not holding it you don't own it. There's 10x more paper silver than physical silver. I.e. 10 other people have pieces of paper that also say they own that silver.
This. Dont fall for paper silver storage ponzi’s, you’ll never be able to grt it ehen the crash happens
but physical silver is so much more fucking expensive
Huh, it's almost as if something valuable is more valuable than literally fucking nothing.
Am I supposed to buy oz of silver for 16 euro?
And thats even without taxes...
16,32€ the cheapest oz at a local store, phew.
luckily I bought in 4 days ago for 16,04€ the oz.
>Am I supposed to buy oz of silver for 16 euro
yes :(
or you can buy it online way cheaper, but the shiping costs are fucking it up again.
if you can get 3+ people to share the shipping cost you can get 1 oz cheaper.
How are you planning to liquidate when you want to sell in future? Where?
Why would I ever want to liquidate real money into fake money?
I’ll wait until the new silver-backed currency is developed.
Anywhere from pawn shops, to ebay, to the dealer I buy from, who has a buyback guarantee. It's a little effort to take it back to market, but that's good for me because it's savings, so I should be serious before liquidating it.
I bought 2-3 single coins from different mints to have a broad selection just because I can.
Those I could maybe trade if someone is interested.
The big part is sealed in tubes and stored away with the original invoice.
Most sellers are buying back from you if it is originally sealed.
Do I want to liquidate them?
Well if there comes really the situation that silver will be high in demand, selling won't be an issue.
I can't believe that PM will be useless when coutries and top % people are hoarding them, surely not for fun.
Bold move. There will sooner be WW3 then reserve currency backed by silver/gold
Moon into infinity
Stacking silver is the Chad move right now. You will not regret having a nice stack sitting in your safe user.
Central banks literally have asset buying programs to artificially keep up the retard boomer market
>retard boomer market
your portfolio is 100% in crpyto, chimping out at every pump and dump, arent you?
>if I use "goy" as an insult then that nullifies his argument
fucking gottem
Shit, I just realised something. Silver will dip hard in the first phases of a crash, as it has done in almost every recession, because more than 50% of it is used in the industry.
Stacking now seems stupid
If silver can break back above $16-ish, we will have a reverse head-and-shoulders pattern, expect $18.50-ish EOY
If it fails to break $16 resistance going to drop below $14 again
It will crash due to paper sellers liquidating all of their market positions to move to 100% cash position. The physical market won't follow, premiums will either skyrocket or there will simply be no silver to buy.
Gold and silver STOCKS can and have been inflated, big difference from physical
>It is a government operation and backed by the federal government.
So you pay for storage until the government gets taken over by socialists, got it
Who the hell cares if it's 20 euro an ounce, the euro is worthless trash and the ecb is printing trillions to buy stocks. Look into ecb asset purchasing programs and realize euros are trash.
this guy knows what's up. it always crashes in recessions because everyone's desperate to service their debts and they sell all their assets, including paper silver, to stay afloat.
once the fed starts ginning up new dollars like rumplefuckinstilskin with qe4 watch all the precious metals skyrocket.
you might be right but how long (time wise) will the dip be? In terms of actual buying of physical silver, will the local markets catch-up to the price or remain the same until it starts going up again?
Part LTC, part silver, all profit. Government cucks can suck my dick and balls, I'm not giving them my stack.
Yeah I expect/hope for 10 in 2020 at which point I'll buy 5000 ounces. It's going to be a pain in the dick to store.
ofc the physical market will follow, if there is nobody to buy products that contain silver, the value of silver drops with it, not just because some retard investors sell their worthless stocks
>ecb asset purchasing programs
lol wow
ecb.europa.eu
And the worst part is that ALL central banks are doing this on an unbelievable scale
The supply and demand of silver futures contracts sets the paper price, the supply and demand of investment grade silver can set a different physical price (spot+premium), sometimes, 2 examples below:
>When silver was under $10, you weren't getting any physical even close to that.
>Numbers might not be exact, I think it was in summer 2016 junk silver was suddenly trading at a $5 premium over spot due to supply/demand for junk specifically.