Silver Ends the Fed Anarchonationalist edition.
If you are a true cyber patriot you will put some e dollars into a money tjat cant get haxxed.
Go ahead and ban me.jannie another will rise in my place. give me liberty or give me death! the peepee poopop threads will live on in my absence!
Thanks OP
Based
FYI, bitcoin bot is up and running again. I expect it will detect this thread soon.
I own physical PMs, and think it's good hedge and think that they will go up in value. I started buying a year ago. I also started following the PM crow on Twitter & Youtube. Most of them, like Chris Marcus, are just grifters that pump PM's like their cocks after a teen petting session. There was a lot of hype about Basel III regulations causing gold to skyrocket. It didn't happen, but I'm sure they all moved on to something else.
cant wait to see what happens next week. good luck everyone
I've ventured into these threads a few times over the year(s) but mostly all I've seen is bitching and fighting with crypto people. Since this has been an on going /general/, I've kept an eye on silver and it has done a little less than expected from a normal investors perspective. Can someone succinctly explain why silver is a good investment and why it's going to end the Fed. Silver has historically been used as a hedge against inflation and buying it up right now seems like a reasonable idea considering we have a massive amount of inflation (American, btw). BUT, if you know what you're doing with your money there are a lot better "investments" than silver.
Anyone care to explain?
You know what else silver has been historically used as? Money.
So you're on the boat that society is going to collapse and everyone will except silver?
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>There was a lot of hype about Basel III regulations causing gold to skyrocket. It didn't happen
Didn't most of the new rules get pushed back to 2023 because the banks can't possibly comply with only a decade's advance notice?
except = accept**
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i do buy partial for the artistic value and just because i like collecting it but i'll try to explain.
what you do with your money all depends on your risk allowance. if your goal is to buy a year's worth a food 20 years from now, then the absolute best way to guarantee that is to buy an oz of gold right now. holding that oz of gold in your personal possession has the least risk, holding it in a private vault adds slightly more risk, holding it in a safety deposit box adds much more risk. silver has a similar role as gold for guarenteeing you will be able to exchange it for something in the future, but due to the nature of silver it has much more potential to actually give greater returns because of its increasing industrial demand. so for me personally the way i see it is when i buy gold and silver i have zero risk of losing my wealth, and have to spend zero time and effort researching companies and keeping up with financial news like you might do with stock or crypto. on top of this commodities are at an all time low and if you believe that the price of gold and silver is being suppressed right now then you have an opportunity to invest in something that provides the most certainty for the wealth while also possibly GAINING wealth after selling at the top of the coming commodity cycle.
This is from someone who has roughly 50% in physical metal, 25% crypto, 25% commodity and energy stocks. my goal is to own land and a house and support a family within the next 10 years and i think this is the best way to utilize my savings to get there
Society has collapsed. I own silver because it's money
Why not buy silver coins?
I don't need a bar that costs $10,000, I need a bunch of coins to buy shit with
The fed uses its kike buddies at the Comex to artificially keep the spot price of silver low. They manipulate the spot price by selling their own silver back and forth between themselves at a lower price than what the market would otherwise reflect. Economists use the spot price of gold and silver to gauge how strong the Federal Reserve Note is.
Now, at the present moment, the comex silver vaults have had just under half of their silver drained in the past year thanks to the ongoing silver squeeze. When the amount of physical silver in their possession gets too low, they won't be able to manipulate the spot price anymore because they won't own a majority of the "spare" silver (i.e. the silver that isn't already scheduled to be turned into electronics, ICBMs, jet engine bearings, etc.)
If the Federal Reserve/ Comex's manipulation of silver's spot price ends, silver will rocket in perceived value. If we compare the historical silver:dollar rate to the amount of FRNs currently in existence, silver should be valued at around $4000 per ounce. People in SETF are stacking for two main reasons: to accelerate the collapse of the Comex manipulation, and to increase their wealth by stacking silver now while the price is artificially kept low.
That’s why I own PMs. But it’s not like my portfolio is half gold half silver. Hopefully I’ll never need to barter with my PM but wouldn’t you want to have some just as a hedge?
Personally, I have 50+ oz in 1oz rounds (not coins, just generic pure silver), another 50+ oz in 1/10oz rounds (the equivalent of a dime), and the rest in 10oz and 40oz bars. The bars are for trading for large purchases like land. The small rounds are in case I need to use them as currency.
You don't want to get caught in a situation where the only item of value you have is worth more than anything you could trade it for.
Look at this chart and apply
Silver? Haha, no thanks. I put my money into brass and lead, if you know what I mean.
Basically because it's ridiculously manipulated/price-suppressed. Just start reading/r/wallstreetsilver for some better analysis.
Also what the other user said.
If you bought it last year you were basically buying at a nice discount.
One basic tip you will get if you learn trading is to buy when an asset starts breaking out. Silver is breaking out.
Also follow a guy called badcharts1 on Twitter
>Silver has historically been used as a hedge against inflation
That's a narrow view of what silver is.
>gold/silver coins were the money everyone used since 600BC, that's when coins were invented
>in 1873 the banking cartel started demonetizing silver and it magically happened everywhere
>they imposed a gold standard instead, and that favored the banks at the expense of the common working people
>the banking cartel printed lots of paper notes which did not back the gold, to fund whatever they want, including wars
>they printed so much everything would crash so they removed the gold backing
>which resulted in a fiat standard that is used today
>this allows the creation of all the shit that happens today, because it's not rooted in anything in the physical world
The idea is to put an end to this, to teach everyone what money really is and to start going back to tradition.
Because the fiat standard is about to crash, and because they are manipulating the silver price to be extremely cheap, now it's the perfect time to accumulate all the physical silver out there and have everything you physically need to use as a stable and anonymous medium of exchange.
Their plan is to implement CBDC to take you to the next step in their plan so they gain even more power over you.
The point of SETF is to take you back to how it was before so they lose all the power they have over everyone.
It's not about investing in silver, to sell it back for more fiat, it's about going back to the roots.
It is political, it's not about business and investment. However, with this you WILL have massive gains in purchasing power, but you'll also have massive gains in quality of life because globohomo will not have the power of a fiat currency printer to follow its agenda.
Reminder that you can't own silver AND guns. You have to pick one or the other, and if you pick silver, the people with guns will just murder you and take your silver (which is worthless, by the way).
Also reminder that you can't own silver AND food, or silver AND land, or silver AND like-minded community members. If you own any silver, that's the only thing you can own and that worthless silver will make you a prime target for cannibal raiders.
Sounds like you know what you're doing and I'm not going to nit pick your perspective or risk allotment except:
>guaranteeing you will be able to exchange it for something in the future
I'm sure you realize how general that is and how much of a reliance on the current "system" is needed to ensure that your silver is guaranteed to be traded for something of equal or appreciated value.
Silver anons., since you are Any Forumsfaggots I want you to be rich, even if it's just to buy more silver.
We are in a very profitable arena for commodities with the Russia/Ukraine Happening and yet a low volatility for long term holds. Look into oil, nickel, and uranium.
>Society has collapsed.
Not here in America. It's still as degenerate and faggy as ever.
I know you're just being a silly faggot, but silver is a waste of money and resources and everyone knows it.
This is the metal equivalent of a safety blanket.
How many dozen posts are you planning on making ITT to let us know how upset you are about goyim owning silver?
>Can someone succinctly explain why silver is a good investment and why it's going to end the Fed
Ever since the dollar was taken off the gold standard it became a rival to gold as money. Since nothing was backing the dollar while it was still the world reserve currency, it was essential for America to convince the general public the dollar was valuable by suppressing the gold price which was done with the London Gold Pool in the late 60s and eventually the COMEX when the Gold Pool collapsed.
However you can't just suppress gold only, you must suppress silver as well because they have historically traded within a price range of one another, even if that range tightens or expands.
The problem is you can only suppress the price of a commodity if there is actually a physical supply of that commodity to control, otherwise clients who stand for delivery will be settled in cash, proving the market they're running is a sham and causing a flight to physical metal exchanges.
If the silver price soars, so does gold and vice versa. If that happens, there will be less demand for dollars and less demand to buy US treasuries that pay future (increasingly worthless) dollars. This causes the yields to spike to insane levels because otherwise there's no incentive for investors to even consider buying them unless they're getting paid much higher interest on increasingly worthless "money". If yields spike, the government simply won't be able to afford the payments because Debt-to-GDP is already way too high as it is and eventually the house will collapse in on itself, killing the dollar as we know it. If the Fed manages to save the dollar it will be by backing it with gold, which is also good for the silver and gold price. So either way, the price must rise and rise big.
So how do you use silver after the downfall? Seems like a can of sardines would be more valuable.
I do have a small stack, because I think metals are cool but what is the practical use of silver?
bump
financialservices.house.gov
February 08, 2022
House Financial Services Committee’s Virtual Hearing on Digital Assets and the Future of Finance: The President’s Working Group on Financial Markets’ Report on Stablecoins February 08, 2022
Witness: The Honorable Nellie Liang, Under Secretary for Domestic Finance, U.S. Department of the Treasury
Summary in this thread:
archive.4plebs.org
go stackers
Well this will be my 3rd one, so...3.
And you're still a stupid faggot.
>I'm sure you realize how general that is and how much of a reliance on the current "system" is needed to ensure that your silver is guaranteed to be traded for something of equal or appreciated value.
No, I think the opposite is true. Gold and silver have the best track record of any asset and I truly believe they will always be valuable to humans. I've never met anyone that didnt implicitly understand that they are valuable when I plop an oz in their hand and they get to hold it. My trust in gold and silver relies on human behavior and reality itself, they will be valuable through any temporary financial system in human history or human future, unless we got star trek level technology.
I have both but as far as silver a 100oz bar would only be 2600ish. A 10oz 250-300. So even the larger bars unless gold are not currently ridiculously value dense as to be illiquid. In the event of a huge surge in price that outpaces other assets to the extreme, constitutional silver or similar old change out of burgerland would be superior for small trades or making exact amounts for trades. Sub oz coins and bars exist but they demand such high premiums its cheaper to use a saw and a scale.
>I'm sure you realize how general that is and how much of a reliance on the current "system" is needed to ensure that your silver is guaranteed to be traded for something of equal or appreciated value.
Just like how you use meters/yards to measure distance, a weight in silver was used to measure labor.
The US Dollar was originally defined literally as a weight in silver.
Historically, 0.1 ounces of silver was the daily wage for 12 hours of unskilled work.
Having this tool for measuring labor and pay, businesses could literally make plans for decades, it allows a stable environment to live and work.
By removing this tool and imposing a fiat standard the average worker will always be underpaid and his savings will always become diluted over time.
The last I checked it was in full effect starting Jan 1 2022. It may have slipped again, but frankly, I got tired of lisetning to all the hype from these guys.
>So how do you use silver after the downfall?
Barter.
Consider this, user:
Scenario 1: you want some flour but the only guy with flour needs salt, and you only have some beans. You can't just shoot him and take his stuff because everyone has guns. You spend all day trading your beans for corn for lumber for batteries for sugar for diesel and by the time you get some salt he's already traded and gone home. You wasted the entire day and still don't have what you want.
Scenario 2: people aren't retarded, so they adopt a standard currency, like people do every time a fiat economy collapses. You trade some silver for flour and have the rest of the day to yourself.
It's telling that instead of refuting anything in my post, you just insulted me and then pressed on as though you had already refuted anything in my post. Classic kike pilpul.