Silver chads, where you all at? How much to make it.
Silver chads, where you all at? How much to make it
>How much to make it.
1000 ounces
This. 100 is suicide stack.
1000 oz seems to be the target to retire and live like a king
Why yes, I am a silver chad, how did you know?
My family owns about 150k oz collective in paper and physical
I’m gonna make it Brahs
reporting in
You need to have it in your own possession.
This. Working my way towards 1k oz
God Damn My Slivva? you still live?
>buying at the top
100 is a bit more than a suicide stack. A make it stack is like 500 ounces.
Remember...for most of human history a silver piece the size of a silver dime was a days wage. AND even today in much of the world. When you hear about a chinese rice paddy farmer making 2$ a day...that is in line with sane economic historrical reality...BECAUSE if that rice paddy farmer takes that 2$ equivalent to a coin shop you can purchase a silver dime for roughly 2$ because of the silver content in that silver dime.
So....for every 1 ounce of silver you buy you are effectively locking up AT LEAST 2 weeks worth of days wages since 14 silver dimes equals 1 silver ounce. And the reason I say AT LEAST...is because it will probably be more like 3-5x more valuable because there is much less silver available and billions more people on the planet. So a silver dime could easily be worth 3 days worth of days wages.
But in a currency crash....100 ounces of silver would be equal to 1,400 days wages, or about 4 years worth of days wages. So 100 ounces of silver will EASILY be able to buy you a typical American home, and probably much more.
And to add to this....also remember almost zero people stack. I'd bet that a fraction of 1% of the population owns over 100 ounces of silver. So when you MAKE IT...it isnt going to be like yu are going to go about living life paying your mortgage while main street is melting down with 10$ gas. This is when you plop down 100-200 ounces of silver for an apartment complex that you now own free and clear without a mortgage.
Then you accept the new currency as payment and live like a king.
I will buy a 40 unit apt complex. rent it out like 30 of them, and then the last 10 I will rent to families that are completely ruined for free...in exchange for the wives giving me blowjobs while their faggot husbands have to deal with the consequences of their wives blowing me since they were too stupid to read the constitution and understand that gold and silver is real savings and would have saved the husbands from being in the position of having to have their wives blow me to have a roof over their head.
I did some math on this based on wages and cost of living in medieval France, and it turned out to be true.
1,000 ounces will be generational wealth. Remember...silver at $1,000 ounce would mean you have 1 million dollarsin the fiat paradigm. In a dollar collapse you will have a deflationary collapse of all asset prices. So your 1 million dollars will be like having 1 million dollars in 1920...When homes were 3k to buy
Unironically just one ounce, if we divided all the silver in the world equally everyone would get 1/4 an ounce. That will never happen as whales own hundreds of millions
Sunday comfiness factor 10
Yup...this is what anti metal fags dont understand. they think its relative shift. You dont value silver and gold in terms of dollars you value them using ratios to other real assets. Gold is undervalued but silver is the most undervalued asset on planet earth.
Some faggot seling insurance making 300$ a day and creating zero real value society is earning the equivalent of like 15 ounces of silver a day if he converted that 300$ daily wage to silver. Which is just absolutely fucking ridiculous and is only possible because of our jew federal reserve causing massive inflation.
Its the reason you hear stories about people in venezuela being able to buy 3-4 months of food on the black market with 1 single ounce of silver. Yet that silver ounce is like 16$....and 16$ barely buys you lunch at Jimmy Johns...just shows how bad we are being completely fucked by inflation.
Ironically, liberals are absolutely fucking right about "income inequality" problem is they have no fucking clue why its happening and its because we have a federal reserve stealing all our wealth through inflation.
"In the absence of a gold standard there is no way to protect savings from confiscation through inflation - there is no safe store of value." - Alan Greenspan (1966)
Interesting, I have about 30.89 ounces which in your scenario is 1 Year of wages.
I read that the average Roman worker/military man made about 1 denarius a week in wages which equals to about 36 ounces of silver a year.
Owning 150k in silver and gold ETFs is not owning silver and gold
sounds like making it to me
Based and redpilled and very high IQ
Yes, the denarius is roughly equivalent to the silver dime i think. Its in that ballpark, it isnt going to match up exactly but you can get a rough range.
Yes, a denarius is about 3 grams of silver. Also that figure comes from the early 2nd century AD which was the height of the Roman Empire and unironically the best time/place one could live before the modern age. So 36-40 ounces should be one year wages and that’s for a family/household since only the men worked.
And the fucking worst part about it is a lot of gold and silver fags dont even realize this. I used to read the kitco forums and people there would be like well...silver and gold just preserve our wealth...which is true IN the current fiat paradigm. But many of them thought that even in a dollar collapse that to cover the 500k they need for retirement that they would need 500k worth of silver. Which is just ridiculous. for the reason i pointed out above. When shit is melting down on main street you arent just going to be living life normally making your mortgage payment and buying gas while there are gangs of roving niggers raping housewives. So unironically the big metal fags are going to walk into fucking immense wealth thinking their 5,000 ounces which cost them 40k to get when silver was at 8$ is going to be the equvialent of 40k in the post fiat world.
Yeah...30 ounces of silver or so totally makes sense for a years worth of money to live moderately well. Even without doing the math my gut would have told me that thats right in the ballpark for a good yearly amount of silver.
They also forget that metals are finite, and there is an absolute scarcely limited supply. As opposed to cryptofags who think their bitcoin is rare, but was just coded to be rare and has no real uses other than transacting at a higher price. Bitcoin is not essential to humanity and the technologic development of the human race. Bitcoin doesnt create anything but JUST’d goyim who bought at the all time high.
What is needed is metals, and specifically silver. We cannot technologically ascend without raw materials. And every day more and more ounces are rendered useless and lost to industrial demand. Yet silver still sits as cheap as fuck.
When the fear sets in and the trust of the dollar as well as all the other fiats fades, real assets become king.
Agreed but im no doomsday propagator, only 2 things are guaranteed.
1) financial collapse, will be hyperinflation/recession
2) the pendulum swings back to a metals backed currency as it has done for countless times.
Doomsday/massive riots/large scale looting may or may not happen.
Every year pic related goes up and up, and so does the dollar supply. A collapse is imminent
I remember hearing all this shit line for line like 10 years ago and literally nothing happened. If the entire system just tanks you're going to have to be more concerned about food, medicine and not getting shot than living like some cartoonish king because you have some shiny metal. No one is going to trade you food for metal when everyone is starving, let alone a fucking apartment complex...
Except this has also backfired on the US because Russia and China have also been taking advantage of the artificially low prices. Also gold and silverbugs like us who know the market is rigged are buying up all we can get. Once this shit does hit the fan there will be a massive transfer of wealth.
P I P E D R E A M
What makes you think we're going to precious metals again? Bank of England are looking at blockchain currencies.
GTFO, we do not like you here.
Exactly...what people dont understand is that the dollar is failing because it is a debt instrument. The world's problem is the world is swimming in debt. Bitcoin doesnt solve the debt problem....but an overnight gold revaluation does.
You revalue gold to somewhere between 20k-100k per ounce to purge all the debt from the system,. The east has the gold.....but america/JPM have a shit ton fuck of silver. So gold goes up with a deal in place to let the current completely out of whack 80 to 1 silver to gold ratio to return back to its historical norm of between 9 to 1 and 16 to 1....and then you have a clean reset.
These bitcoin faggots dont even understand the primary function of money which to to MEASURE VALUE for goods exchanged for it. Money is just a braometer to measure value.
Gold is money..... the dollar is money....but the dollar is a piss poor as money...
since 100 years ago a good weekly salary equaled 20$ or 1 oz of gold which was 20$/oz
That 20 dollars you worked an entire week for in 1920 barelt buys you lunch at a bar today. But that gold ounce that you worked for for a week in 1920 is stil worth a good weekly salary today since the fiat value of it is $1,500
Guarentee he's been watching metal shills on youtube. They all say the same shit and have been for over a decade. ITS ALL ABOUT TO COLLAPSE!! BY NOW!! Use my affiliate link too boyo ;)
Yeah it hurts when your delusions get questioned but it's better than hoarding something and getting nowhere in 2 decades. You should be thanking me.
We aren't going back to buying shit using kennedy half dollars. Of course its going digital and blockchain/crypto is coming....but it will be backed in some form buy gold and silver. Gooks in china have been telling their people to buy silver since 2009. No american politician would EVER say that.
You are so self important. You think 10 years is actually a long time. Its basically 2 fucking college cycles. The economy died in fucking 2008. its been on life support ever since, this is borrowed time. Look whats happening all over the world. War is coming. Gooks in Hong kong have been rioting for a month. Everything worldwide happening right now is fucking currency related.
>That 20 dollars you worked an entire week for in 1920 barelt buys you lunch at a bar today
Yeah, but we also earn that in an hour now lol. So by your own logic since silver is about $17.60/oz and average wage is about $20/hour we can now buy 45x more silver a week, we obviously earn more, and that's not counting that working days were like 12 fucking hours back then and I used a standard 40.
You seem to think that collapse is immediate, that metals will be worthless. I always read the same argument, and it is shilled non-stop. Only those that are limited to linear thinking agree. In reality the dollar will take decades to collapse in totality, and in the mean time silver will be very, very liquid.
>because it hasnt happened in the time i’ve been here it will never happen
SHUT THE FUCK UP GLOWNIGGER
You’re lucky im even replying you brick level IQ subhuman. Read a history book you dumb fuck.
So what the fuck happens then? something like 3% are prepped. So 90% of the people die in a few months, and then what? then 90% of the peppers who maybe have a years worth of supplies die after their supplies run dry?
And nobody is fucking saying dont buy food storage, ammo, medicine, etc. But what happens if the reset chaos only lasts a week or two...and then you put 75% of your net worth into guns ammo and canned spam?
If you have a mad max scenario for a long time like a year or longer, your probably going to be fucked regardless. Either youll starve or be killed at some point or their will be fucking nukes dropped on us or something.
Im betting on a clean reset more or less. If its much worse than that and mad max...im just going to go find virgins to take advantage of.
>Everything worldwide happening right now is fucking currency related.
Wrong, it's paradigm related. We peaked industrial, and what's happening now is the next transition, peak efficiency/production. And it will happen independently of monetary intricacies. Our populations continue to rise while jobs are lost to automation and increases implementing better efficiencies to reduce labor costs. More people, less jobs, less opportunity. Could have silver back dollars and still face these problems.
I don't think gold/silver backing is necessary. The future of money is to have it separated from the Federal Gov and have it transparent with privacy. Americans do not view money like they did, hard currencies aren't even brought up in politics anymore when they used to be the center of American politics in the 19th century, even the 20 century. The elite know they can make the USD blockchain based, revalue it, separate it from the Gov like they did religion and the populace will be happy.
This, worst part is (((market makers))) are stacking metals to the ceiling, and retards still think they know better than them. They need to follow the money or they’re gonna be eternal slaves
>15391396
Rope yourself
Yes they are but they're also manipulating the fuck out of the paper metal market. What about that? Paper metal is what has caused this mess with precious metals in the first place, how do you deal with that?
>just because it hasn't happened yet doesn't mean it won't
Same logic.
If something of this magnitude happens there won't be a monetary system in place again in your lifetime. People will barter. On the off chance a currency appears that's widely adopted, the chances of it being something very few people own the majority ofis exceptionally unlikely.
Yeah but thats just inflation and at a certain point (20 or so years ago) wages stopped keeping pace with inflation.
The question you should be asking yourself is why are prices rising in the first place, where wages have to increase in order to meet inflation.
This is what pisses me off the most about the minimum wage debate on both sides of the aisle politically. The left says hurr durr gibs me 15$/hour which is obviously wrong. Then the conservtive say...muh minimum wage wasnt supposed to be a living age, get more trained and educated and youll make a living wage. Now while this is good advice,, it doesnt get at the heart of the matter of WHY are prices rising in the first place, and who is benefitting from those rising prices?
Risins prices is inflation...inflation is destruction of wealth. Inflation is fine when it is natural when we dont have a kike central bank and we have market set interest rates. But when man controls inflation and no gold standard you have what you have today where "income inequality" is a top 2-3 political issue...whereas 50 years ago nobody even heard of the term "income inequality." Wasnt in anyones brain or vocabulary.
I just think if the White Americans get hoodwinked by Wall Street like they did in 2008 - except this time seeing their wealth evaporate and all of the wealth going back into precious metals, only to find out the bankers that have caused every crashed were hoarding them - then it's game over. That's the problem with those metals, good luck moving them. Bankers are pussies and were fucking terrified with Occupy Wall St, imagine what happens when White American men come to Wall St?
It will implode. China knew they were never getting paid back in full on our debt to them. Comex keeping prices low so they can accumulate gold like they have been doing in record tonnage for more than a decade now.
You gotta be kidding me? The bankers fucking LOVED occupy wall street. How the fuck do you think bankers get rich? How do you think the 1% gets to be the 1%? Because they have fucking retards wanting shit for free. Free college/student loans is a fucking bankers wet dream.
If those occupy wall street people understood the real problem and started demanding sound money, and spreading that word. Then the bankers would be scared.
>where wages have to increase in order to meet inflation
Because our monetary policy is what allows extremely fast growth and production, and if wages didn't rise along with inflation, people won't take jobs that aren't paying enough, people haves less money to spend, less things are produced, etc. It's based on the market. No one is going to work for $2 a day as a gallon of milk rises to $5...
The metal shills took the concept of fractional reserve banking, and explained it with a cartoon and some scary music and made it an imaginary boogeyman to shill you PMs.
Sorry to ruin your dopamine pipedream. If what you believe in is so fragile that you break down into a non response anytime someone questions it you must not be very sure about it.
This is bullshit. Sure things have grown pretty fast the last 50 years but at what expense? We are in debt up to our eyeballs and things are about the implode.
People say the gold standard restricts growth. But thats unironically a good thing. I bet you that if we remained on a gold standard (and remember...you cant have socialism on a gold standard) the country would only be about 200 million in population.
You see when you have sound money practices...things grow naturally....instead now we have outkicked out coverage having gone to a debt based money system.
...
Even if it implodes "tomorrow" then you still have ~150million savages that want their gibs
Exactly these politicians giving them gibs i can guarantee you hate spics and nigs more than Jow Forums combined. They just want whites out of the way. Implode the system, and then kill whitey. Becuause (((they))) have brainwashed non whites to make them think it is regular white peoples fault that their lives in the ghetto suck when its really the govt that has fucked them.
This coin has doubled in value since its purchase. It’s the only gold I have and I have a small silver collection too. The only thing with metals is I never sell them. Just hold till you’re old I guess.
It has not doubled in value. A gold ounce 900 years ago is still that same ounce of gold today....doesnt matter if the dollar exists or not. Gold doesnt change, only worthless fiat does.
>We are in debt up to our eyeballs and things are about the implode
That is literally how the system is built, and why is that a bad thing? Why aren't you leveraging debt to multiply your income, and leverage that into debt, then that into more income? Why would you buy bricks and bricks of PM in hopes there's some fairy tail "massive transfer of wealth"? PMs are great for hedging against recessions, but that's it.
>People say the gold standard restricts growth
It absolutely does.
>But thats unironically a good thing
Why would you think this?
>you cant have socialism on a gold standard
... Yes you can. What in the fuck are you on about lol?
>things grow naturally
They don't, because when John wants to use capital to build an irrigation system and equipment to increase food production to feed his entire village, there's a finite amount of money and 10 out of the other 20 people in his village already borrowed the available finite currency and everyone owes everyone else but now no one can pay anyone back unless the money moves around coincidentally on purpose. Really, look up why fractional reserve is even a thing. It isn't some grand conspiracy, it's because non-fiat currency failed.
Okay. So it remains liquid while it slowly dies, even though all PM shills claim Zimbabwe hyperinflation. Okay, you've successfully hedged against a strange, slow fiat currency collapse. Where's your magical transfer of wealth come from? All you've done is mitigate loss, not leveraged it into somehow being worth more than the Xozs of silver you have.
>moves around coincidentally on purpose
moves around coincidentally perfectly
Oh, Venezuela has seen Weimar style hyperinflation since Chavez died yet the government did not collapse. Argentina has seen their currency destroyed since 2001 yet the government did not collapse. The dollar will take decades to collapse and it does not matter if people are starving, or dying. What matters is that the ratio of gold/silver will go back to historical rate of 1/10.
>That is literally how the system is built, and why is that a bad thing? Why aren't you leveraging debt to multiply your income, and leverage that into debt, then that into more income? Why would you buy bricks and bricks of PM in hopes there's some fairy tail "massive transfer of wealth"? PMs are great for hedging against recessions, but that's it.
You dont buy gold for recessions. You buy gold for the currency reset. Thats when you make it. I dont give a fuck about my gold or the dollar value of gold until it is used to expunge all the debt in the system. Thars when my 1 ounce of gold will buy me a home.
Nobody is saying dont leverage debt, nobody is saying dont invest, and nobody is saying go all into gold. But when the currency reset happens it will be overnight...and if you dont own gold and silver when that happens youll be fucked.
And again...you dont need much...its like 10k for 500 ounces of silver. 500 ounces of silver will probably buy you a small town when shit goes haywire.
What you need to understand is gold and silver is REAL wealth and REAL money. If you have 100% of your net worth tied to deollar denominated assets and financial assets you are going to get fucked hard.
There is a difference between financial assets and real assets like gold.
I think when people think of a PM backed currency they think that 100% of the dollars in circulation will be backed. All you really need is a portion of it backing the system and would be enough to keep everything grounded, preventing inflationary liftoff. This is the whole purpose of precious metals in the first place, to keep things grounded, unironically, why it comes out of the ground. Why this argument keeps going unnoticed is beyond me.
Based goldbull
I've decided to open my own version of the /weg/ game harem hotel when the reset happens.
I will buy a large apartment building and rent it out to young women at low rents and make them all call me daddy.
Its gonna be glorious. Godspeed fren.
>I think when people think of a PM backed currency they think that 100% of the dollars in circulation will be backed. All you really need is a portion of it backing the system and would be enough to keep everything grounded, preventing inflationary liftoff.
this
40% will do
>What matters is magical talking point #113 my youtube buddy taught me to parrot
Do you even know what what you're saying means? The past doesn't dictate the present or future.
Why is silver worth 10x more than gold, currently.
Why is silver so massively underpriced, or gold overpriced if the above is true?
Let's say it is, regardless.
What makes you think gold isn't just hyper inflated in value, rather than silver being massively under priced (which is what you're hoping for, can you not see the bias?)?
You silver bugs compare the dime to a day's wage. Well back in the day a day's wage paid some schmuck to shovel 10lbs of dirt into a truck over ten hours. Now it get's hundreds of widgets made, sales transacted, etc.
This entire ploy relies on 4 premises:
1) The value of silver will go up in value to 10x that of gold, because that's what it was at some point in the past
2) Gold is currently at its correct "historic value"
3) The entire collapse of fiat currency, and the return to backed currency, and that that currency happens to be backed by silver
4) Our perceptions of silver and gold's value has incorrectly changed for no reason, and we're all retarded for paying more for gold than silver
You're a fool.
You can literally just get a loan right now and buy units, and rent them out. Nothing is stopping you. You just love the idea of things magically going your way and use them as a cope for why you don't have what you want. You've shifted the onus onto time, rather than your effort, and it takes the stress off of you, and why you aren't there yet. "It's all just a waiting game now. You'll see, some day I'll make it."
kek what am I supposed to say? I work in intelligence? We will see how this pans out and you have been screen-capped. You remind me of the BTC trolls in 2012-2015, just shitposting but never owning to what they say.
They can only keep the lid on through the futures for so long. When the longs demand delivery the entire thing collapses
The only thing with an 'S' in it you should be buying is SNTVT.
In a currency crash food is worth more than your pet rock, dweeb.
>kek what am I supposed to say? I work in intelligence?
Lying to me doesn't make the lies to yourself the truth.
oh yeah, you've seen some Mel Gibson movies. Nice.
Id rather buy for pennies on the dollar and own outright than get a loan and be forclosed on when housing implodes.
>Taking out a multi million dollar loan for real estate right because a market crash
Nah g im gucci gang gang on thaat mien fren bls fug off back to /smg/
>kek what am I supposed to say? I work in intelligence?
This was sarcasm, glownigger.
Moreover, the ratio went to 1/33 in 2008. But who cares about the past kek.
Exactly this
>buy suburb house 20 minutes from city, or near airport
>airbnb
>make stacks, save for 2 months
>down payment on anotha one
>make more, repeat until making however much you want, or until you can get your
apartments
You don't have to learn to swim by jumping into the middle of the ocean.
ty for recognizing. We need a gold standard for natural growth. Unrestrained growth baned on debt is just going to collapse the systme and millions will die.
Look at all the useless eaters eating because of debt.
>But who cares about the past kek.
>highest it's been in 30 years is $48 because of the exact memes you retards are spitting out right now were being spat out during the last recession
>haha just go into debt bro!
>Just air bnb bro
>Don't worry about the CDO's bro haha
Where do I buy silver for spot price instead of paying for premiums online etc
Local coin shops
Yup. Liberals still living under Keynesian economics and think capitalism is built under inflation and not on savings..
Literally impossible to buy for spot
premiums are for the refining/smelting/minting of each coins, they can’t do all that for free
But still the best places to buy are local coins shops/SDBullion/apmex/jmbullion
The 2008 crisis did not happen because of memes, 2008 happened because of a failed banking system. People sought refuge in precious metals back then.
716 oz ag : 3.5 oz au
Feeling okay, need 1k ag oz. 10 au oz.
Nice user
Are you from the UK?
UK annons. Where do you buy your silver from? Thanks
It's happening now? Or it doesn't really start till the recession?
When was the last time a currency reset happened?
Is buying the JMBullion starter pack a good way to start buying Silver, m8?
It's 10oz for for $177.60 currently.
>Highest ever price was 48$ per oz
>1k to make it
wtf?
You knew what I meant.
>Liberals still living under Keynesian economics and think capitalism is built under inflation and not on savings..
1933...but we are in mad debt now, so its irrelevant to how often it happens or the fact that the last one wasnt an enormous shift.
Check my junk silver and guess again ;]
US of A.
AHH UK here. Don't know many silver chads or where to buy pure silver
Henlo frens
Is it a good time to buy silver now or should i wait a bit? It feel like it's about to go down after the moon rally of the past 2 months (from 14 up to 17.50$/oz), but what if it's only the beginning of the giga bullrun? I'm confused frens, i need halp...
>can't live off 48,000 for the rest of your life
shiggy
I prefer gold personally
Silver autists are insane. you sound like religious apocalypse fanatics. "If we just believe and dedicate ourselves to God we will be saved by the rapture that is coming a few months from now"