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Even if we can't crash JP Morgan, we all should have some silver on hand anyway. There is no safer and tangible asset than precious metals, nor is there any better hedge against the dollar. This a win-win no matter what, so buy all you can.

Even if we can't crash JP Morgan, we all should have some silver on hand anyway. There is no safer and tangible asset than precious metals, nor is there any better hedge against the dollar. This a win-win no matter what, so buy all you can.

(post is archived)

[+] [deleted] 5 pts
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It's only valuable if you have someone willing to purchase it. Several months back, when silver hit about $30, I tried to cash my silver in, and couldn't find a single business/person in town that was willing to pay anywhere near spot. Maybe if you live in a large city where the metal dealers always buy and sell would it be good.

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Most online stores will buy silver. APMEX is one such store. I've used them in the past and they've taken any PM's I've sent to them.

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I'll keep that tip in mind, thank you.

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I posted this to someone asking if they should buy. The only stockpile is the one in shoe boxes under beds. There is no more easy silver. JPM has a solid history of manipulating the metals market. You can search for all the traders who were taught to spoof. Trusting JPM to tell us how much silver they have? I wouldn't.

Moshe Sheckleberg doesn't have silver, platinum, palladium, or rhodium. Maybe some gold. Look at what happened to the Hunt brothers. CFTC rule change to only allow liquidation of silver. (Sound familiar with GME.) Why? It scared people into selling their silver for fear of a loss that's for sure. Oh well, back to US dollars, which by definition is defined at a set weight of silver or gold. Blue series treasury notes were redeemable in silver to the bearer. Our currency used to be a claim on actual wealth, silver. No mas.

Why the all out assault on anyone who touches silver? To the nay sayers, please don't buy physical. Buy tesla and amazon and google and apple and leave the physical behind. People shit talk the USD but then tell of an alternative that's valued in USD. The first thing Europeans did after kicking the muslims out was cross the ocean and set up a silver mint in the new world. Silver is money. We need a meteorite to hit the earth to get more.

Muh bitcoins? Christ north of 60% of mining of bitcoin is controlled by China. Not to mention the ASIC machines are Chinese. We should give them more USD then right?

https://www.buybitcoinworldwide.com/mining/china/#:~:text=China%20is%20the%20undisputed%20world,of%20extremely%20cheap%20electricity%20prices.

If the price of bacon is 50% off tomorrow at your grocery store do you shit your pants and get ready for Mad Max or do you stock up and carry on?

Below is from previous post.

(PDF warning) https://www.ishares.com/us/literature/prospectus/p-ishares-silver-trust-prospectus-12-31.pdf&ved=2ahUKEwjs5LHj9sbuAhVnIDQIHbyDDtMQFjANegQIFRAB&usg=AOvVaw0GDYukriRU6YZgq7CU8wOd

https://www.jmbullion.com/investing-guide/pricing-payments/who-owns-most-silver-bullion-today/

https://www.nasdaq.com/market-activity/spos/overview?dealId=677366-95467

https://www.investorvillage.com/smbd.asp?mb=4245&mn=748262&pt=msg&mid=13098040

https://library.cqpress.com/cqresearcher/document.php?id=cqresrre1942101700

If you look at the history Warren Buffet was supposedly told to sell his silver at a loss. He is the Oracle of Omaha and 'the' value investor yet couldn't figure that out. The debacle that the Hunt brothers went through should be familiar as the CFTC changed their rules mid play and the Hunt brothers had to watch their fortunes evaporate because they dared to corner the silver market.

JPM is the custodian of the I shares SLV trust. They supposedly have to have physical silver to back their paper shares. Overleveraged to the tune of 500 to 1 as a rough estimate. Tap dancing around their obligations they can have cash for settlement instead. Plus you are trusting an untrustworthy bank to tell you how much silver they have. Who is actually walking into the vault that sits on Manhattan bedrock and counting that silver? The same people who counted our presidential election votes? Because miss-counting can never happen?

We need silver to wage war. Night vision needs silver. Missiles need silver. Remember the green and black screens for cell phones? We used silver to get better displays and then more silver to get brighter displays. Those abandoned airplane hangers full of old cellphones? Yeah we cant get that silver back. We've kept just about every grain of gold we ever found in history. Silver? Nah fuck that we trashed it, cuz its muh 18 to 1 naturally occurring in the erfs. Bitcoin? Those application specification integrated circuit mining machines need silver. Not gold. Silver can not be replaced in its applications. Platinum is supposedly better than gold yet its name Platina means little silver, Plata.

Comstock loade the silver was being shoveled off the ground. We tapped and raped every vein of silver. There is no more 'easy' silver to grab. The premium over spot is to stop you. You cant learn that there is a dwindling supply. JPM can't do a stock split and make more silver. We need a meteorite to hit the earth to get more.

https://www.zerohedge.com/markets/reddit-preparing-unleash-worlds-biggest-short-squeeze-silver

This has nothing to do with Politics.

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not directly maybe but there is a lotta political stuff intertwined with it tho outta respect for your longevity here ima shush.

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You have to sell it back to Jews, so you get screwed at both ends of the deal.

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never going to win, just get government bail outs

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Correct.

You CAN crash the silver ETFs if a custodial audit for physical bullion is forced.

This would crash JP Morgan.

Silver Futures Soar 8%, Rise Above $29 As Reddit Hordes Pile In https://www.zerohedge.com/markets/reddit-preparing-unleash-worlds-biggest-short-squeeze-silver

Too bad all non COMEX silver ground to 100% stoppage friday night. Even the US mint.

The jews are now first in line for physical new-smelt silver.

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i have yet to see any proof for any of the claims people are making on silver. where is jp morgans short position? are they actually short and how much>?

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I bought some silver back the first week of Jan and my dealer said he was hitting bottom and not finding more. Maybe things have changed since then, but apparently there was a lot of buying going on that cleaned out reserves. He mentioned that this buying spree is the worst he'd seen in 40+ years, with only the 2007~8 time even coming close (but no shortages then). Mentioned that back then, physical coins were fetching 40~60% more than commodity pricing (spot).

So, be prepared to not find anything or see prices higher than spot.

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if you really want to invest to protect yourself against a SHTF scenario buy ammo... Precious metal is for chumps in this regard.

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its not an either silver or ammo premise. silver is another item to prep with. nobody is saying its more valuable than ammo or water or whatever. it is another item to barter with, just like food and water, etc. exchanging worthless fiat for all sorts of tangible, physical assets is the point, gols silver included.

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what value does silver have to anyone when civilization as we know it collapses? precious metals should be viewed a an investment for financial gain... it isnt worth anything else otherwise.

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when i want your 1 cow and you want 6 of my chickens, but not 300 chickens as that would be the equivalence for 1 cow. therefore PMs make the difference and allow bartering to become buying.

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Yep I bought $1,000 worth of silver about 3 years ago now, one day it'll be handy - either as real currency once more or as collectibles. I don't follow prices closely but precious metals are always going to rise.

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