Started buying these in 2019 when spot price was 13 dollars an ounce.
>crypto bleeding to death
>401k’s decimated
>record level inflation
>record level fuel prices
Meanwhile my “shiny rocks” still have value, I physically own them and they have actually staved off inflation.
I bought BTC at $50
Nice job OP
>power grid goes down
whelp this is useless
nice stack, but isn't that amount of silver too low?, how long can you with that?
I bought it at $65k.
>spot price of 13
what’s the premium you paid? what’s the bid price where you’d sell them if you were to do so?
>Muh shitcoin can transmitted with radio
>Muh shitcoin is a 32 digit code on paper
Always remember,
A
B
S
Shiny rocks are literally the basis of all currency. The modern speculative currency bullshit is even derived from it
OMG so you made like 20 dollars?
If you bought silver when they started pumping the scam back in Janary 2021 you're "only" down 17% before you account for the fact that you buy way over spot and sell back under spot
If you purchased the s&p 500 you're up around 6% after dividends
OP here, this is just my get the fuck out of America stash. I plan to flee to
Mexico if shit gets too fucked here and just trade my silver stack for pesos and love like a king there.
I never bought any.
Until you get skinned alive by a cartel nigger for those shiny coins.
Good plan OP.
haha me too i just like how they look. also got some confederate money though its not difficult to print more we just need to restore the confederacy
If you can't sell at spot, walk the fuck out. Nice stack, I started about the same time and had similar but sold at 28 to get a house. Locked in @3% and already up 30%. Maybe it won't last but I can afford what I've got and chances are they won't go down 30% before the next boom.
Tldr $2,000 investment flipped into $80,000 equity in 3 years.
I hope you have guns and family and friends with guns otherwise you are just saving some soon to be spics stash.
Well if a doomsday event that wipes out 80% of the population then maybe your shiny rocks will appreciate.
enjoy ur taxes lol
there is no retail buyer in the universe that will buy at spot. if you don’t know that you shouldn’t be buying any commodity.
Except spot is no longer the price of silver, dummy.
guess im not a retail buyer but I'd buy any silver at spot that i could afford
It's more like he hasn't lost anything.
>spot was $26 last year
>down to $20 now despite the worst inflation in 40 years
silver ends the fed
Lmfao stunning isn't it?
do you even know what the spot price is? it’s the price for same delivery. that doesn’t mean “oh, i’ll take my coins today”. it’s a contract for industrial sized lots usually, if not always, denominated in ‘good delivery bars’. For silver those are between 750 and 1150 fucking ounces. anything else is retail. i.e., you and you don’t get spot. i’ll do you one better: you rock up to sell a few kilo bars back for whatever reason? you’re going to get gouged with a much worse price than if you’d brought in 1 oz coins in the same weight. why? because bigger sizes have less liquidity. go look now at what the premium is for you to buy a “big box” of 500 1 ounce rounds versus a single bar in the same size (or as close as they offer). the bar is cheaper. same shit. same weight. different price. if all this is new, or worse, if you don’t believe me, go study this shit before spending more money.
“same delivery” —> “same day delivery”
no feat paper or electronic can will replace physical metals
are you drunk or on drugs? spot price is an extremely easy concept.