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486

Are you participating?

Are you participating?

(post is archived)

[–] 2 pts

Right now the world is awash in surplus metal of all kinds.

The silver market always promotes the silver squeeze myth. There is nothing new about this. It's part of how they do business.

You buy silver as a hedge against fiat, for the day when fiat is radically revalued, or the day when vendors are either unwilling, or unable to conduct transactions in fiat.

Hyperinflation can destroy fiat. A return to the gold standard can revalue the price of silver. Revolution can destroy the banking system.
There could be a serious war. These are a few of several possible scenarios which qualify as a reason to buy physical silver.

If you want silver as an investment, then look at the mining companies, and buy their stock.

A short squeeze like that which occurs on the stock market is impossible in the silver commodities market. The law says they can settle for cash if they don't have the silver. What makes a short squeeze work is the fact that the number of company shares outstanding is fixed, and it is shares that must be delivered, at any price. That market rule does not exist in the commodities trade. Commodities are not stocks.

They are not forced to buy physical silver at any price.

[–] 1 pt

The silver market is rigged to keep the exists locked and force everyone to take part in the casino markets and get screwed!

If the stackers crush the silver rigging they will destroy all the rigging and the markets with them, including the fake fiat currencies.

This will send all precious metals to the moon and people will remember this event for generations. Making many more people stackers that have a portion of their wealth outside of the markets and banks.

This is a bitter sweet moment. It will free us from the greedy banksters but it will also cause a massive panic when it happens.

The manipulation continues today even with silver becoming harder to find for sale. This is raising the premium for physical which will continue until it breaks the market and no one will sell for the spot price anymore.

Then the people wanting of needing it will be forced to pay the al market price.

If only you knew just how rare and valuable silver really is!!!

Historically one ounce of silver bought you 22.5 acres of land. So how much would you pay in dollars for that land? Millions!

And with currencies collapsing it would boost that value way more.

So how can silver be less than $30 per ounce?

In the fifties the us held 5 billion ounces (half of all global silver) which it has sold into a market that has less than a billion ounces globally today!

All that silver has been made into products and thrown into landfills. Making silver much more rare and useful than gold.

When the great crash of 1929 happened silver rose to $125 per ounce. It has been relentlessly hammered down ever since.

You will all be shocked at where silver goes too.

Even if you don't want to take part in the silver squeeze you would be better protected by having some but your chances may be running out.

[–] 0 pt

No harm in owning physical silver. Just keep buying and storing it along with all other supplies.

[–] 1 pt

I kind of fell for it like a tard, and moved $10k to SLV. Now it's just a gamble... If it goes up, that's cool. It should stay worth about what I paid, so hopefully worst case scenario, I don't lose much.

$10k worth of ammunition would have been a smarter investment, though. Maybe. But then that stuff is expensive and hard to get now.

Maybe I should have tried pork bellies, or orange juice futures, idunno. I might need to liquidate that money before too long, and orange juice is already so much morr liquid than hypothetical silver.

[–] 1 pt

Zero in paper.

Physical or you don't really have any.