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[–] • 3 pts

Silver spot prices have been north of $80.

[–] • 2 pts

The silver situation is getting more interesting by the day. The price of physical silver is breaking off from the contract price. Someone told me a major US bank nearly went under because of its silver derivatives positions and had to be bailed out by the Federal Reserve Bank.

[–] • 1 pt

Isn't silver pushed down by all the paper (fake) silver?

[–] • 1 pt

Yes, the price is heavily weighed down by all the contracts the big players issue, but that only works until there is a massive demand for delivery of physical silver; like now. Then people discover how much more you have to pay to be first in line to get actual physical silver and you start to see prices shoot up; like now.

[–] • 1 pt

I've heard the same, although at this point it's merely an "unnamed bank."

[–] • 1 pt

Crazy idea: restart US mining

[–] • 1 pt
  1. Create fake and gay AI bubble so all US tech resources go into a useless and gay technology that spends 95% of its time telling you wrong shit it scraped off reddit or making shitty images
  2. US companies throw all their hardware into AI, making it expensive as fuck
  3. China releases lower end cheaper shit that would have had no chance of competing direclty with US tech
  4. All the tech China would have to compete with is now wasted on AI which lets them release shit like budget DDR5 that kinda sucks and has bad bandwidth and timings but the only other option is Western RAM that cost $1200 for 32GB
  5. China undercuts US and Western tech
  6. AI bubble pops
  7. Western companies go back to the users they shit all over and sold under the bus for AI
  8. None of them care, they're using Chinese RAM and motherboards

China likes to make US chase after stupid shit then undercut them. They did it with cars, they got all the major US and European manufacturers to chase EVs, which they had no chance of ever competing with since Chinese cars use Chinese batteries, and now Chinese companies are bigger than Western car companies.