Will silver end the fed?
thanks lads. I will do my best to destroy the great satan.
lol no
based
just ordered a kilo bar, kike
Yes in 13-15 days
No, but lead will
seethe jew
turbo based
THREADLY REMINDER
Silver and gold are the ONLY viable form of wealth that you can consider a guarantee.
Crypto? Perhaps, but takes 2 hours for some transactions now, will take days to complete a transaction then, very unlikely to become currency. Also miiners in the entire world will be hunted down (via electricity usage) and the crypto will be stolen, OR if the people fail, then a molotov cocktail will burn down any crypto mining building.
Real estate, Prepping food?
Great, i hope they work... but also susceptible to a molotov cocktail just being thrown at your house on an especially hot day, and everything burning inside, all bullets exploding.
Molotov cocktail at silver? Melts but is worth exactly how much it was before.
Ask yourselves user, does YOUR SHTF strategy pass the molotov cocktail test?
Silver’s a meme. The (((jews))) are stacking rhodium
Order all you want it wont end the fed. It just means you have a bunch of random silver you can rub and look at like a weirdo.
I don't get why a nation couldn't make gold it's currency, as in actual gold coins and silver coins. Imagine the worth of the money. Of course people would try and melt it down, but just accept coins which have anti-counterfeit measures like a coin scanner. Or paper with a gold back laminated to have worth.
There’s also palladium. Which is way more valuable than gold. These are literally zoomer rocks because you oldfags don’t have any
Price per kilo of PMs
>Why should I care about ending The Fed?
Central banks sole purpose is to steal your wealth through the stealth tax of inflation.
>How is the precious metals market manipulated?
The Commodities Exchange (COMEX) sells contracts that grant "ownership" of silver without the buyer physically possessing said silver. Because of weaselly legal wording, they are able to issue and sell contracts for more silver than is actually in their vaults - a lot more. This is done to create the illusion there there is way more supply than demand, and thus drive down the price of silver. It is estimated that for every ounce of physical silver in the COMEX vaults, there are 500 ounces of imaginary "paper silver" being traded.
>Why is silver their target of manipulation?
The market for gold is extremely expensive and illiquid. Silver, however, is much smaller. For perspective, there are hundreds of companies in the US that could buy a year's worth of the whole world's production of investment silver using just their cash on hand. Because gold and silver have always been coupled in a price ratio, smashing down the price of silver drags the price of gold down with it, and gold is the ultimate target of this manipulation.
>What is the end goal of this manipulation?
Precious metals are one of the main yardsticks of inflation. If their price is kept unnaturally low, people will believe inflation is lower than it really is, and this enables the Treasury to issue bonds (in other words, borrow money) at lower interest rates, thus allowing more time before the government defaults on its debt.
>So what's the plan, then?
Buy physical silver and hold it. Removing inventory from the COMEX will eventually make the manipulation impossible. At that point, the real values of precious metals will be revealed, exposing the true rate of inflation, thus forcing interest rates to spike and popping the debt market hyper-bubble.
Shills don’t want us to know there are more than 2 PMs. Rhodium was over $1million/kg last year and $50,000 in 2020
$500,000
>will purchasing physical silver end the fed
I dunno, nut kikes and shill seethe when I buy physical silver.
Which leads me to conclude that there are political implications.
That's good enough for me.
nothing wrong with diversifying a bit
oy vey
why did it crash so much?
Isn't it true that the Fed must purchase an amount of physical silver in order to coin it?
Like they're legally bound to do this?
Doesn't that mean that buying silver eagles has an implicit edge over rounds if you're trying to hurt the Fed?
Like they'll have to admit, at some point, that they're running out of silver?
Like when they issued that weird statement about silver supply in 2021?
Asking for the political implications.
Eh, limited use on palladium.
>will silver end the fed?
Indeed
There's a few ways to estimate what physical silver should be worth.
Correcting the gold to silver ratio, without correcting the price of gold, easily puts silver over $100. (4x)
Dividing the money supply by the above ground gold and then correcting the gold silver ratio puts silver over $1,000. (40x)
Ignoring the gold to silver ratio and dividing the above ground silver by the money supply puts silver above $3,000. (120x)
Multiplying the current price of silver by the paper to physical ratio makes silver over $12,000. (500x)
Keep in mind none of this takes into account the declining silver production and the rising silver demand.
it doesnt make much of a difference, its the most undervalued asset on earth youd be a fool to not have any
I have a little.
Watching how everything is exploding around me, I feel like I should get a little more.
No. However, when the fed does end, silver will go through the roof. The problem SETF fags haven't wrestled with is that the fed can, and does, use ultra violence, where required. So they'll carry on doing that, and silver will remain manipulated.
I suspect only total collapse ends the fed. Good news is, it could be this year! Nice.