Redpill me on silver

after my shitcoins moon, must I acquire all the silver I can ?

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Man, redpilling you on silver would take me days, there is so much to say about it. Just buy as much as possible ASAP, it's by very far the most suppressed and underpriced asset in this galaxy.
It's the only real $1k eoy moon mission.

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best methods of acquiring fren?

No, it's an industrial metal that is used up and unearthed as needed. Might as well stack aluminum or copper.

Get data on prices of silver/copper/whatever calculated in gold as far back as you can and see for yourself. Everything devalues against gold.

And why compare to gold? You always compare to the dominant asset in the class. All metals have roughly the same limitations and drawbacks (storage, transportation, verification), so comparing silver to say, an oil etf would be nonsensical, because you don't have to store an oil etf.

Stop parroting everything you hear, and consider that your normie friends aren't interested in actually learning things and don't have good advice because of it. JPM has been shorting silver via ETF for a decade now, while buying up literal tons of the metal. They had 3 guys plead guilty to doing it. They're sitting on a dragon hoard of metal, refusing to do anything with it for over 10 years. So either they make all their decisions based on a Ouija board, or they know something you don't. Also, in what world is storage a problem for silver ETFs? One of the big problems is that rather than just provide liquidity, there are 170 paper ounces of silver in the ETF for every real one. This massively lowers the spot price for silver, which would otherwise be higher, even in a world where it was only used for industrial purposes.

Commodities are the only undervalued thing left right now. Silver is historically undervalued compared to gold right now. Industrial use only matters in the absence of monetization, which is likely coming soon. Wouldn't be the first time debased currency gets replaced.

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fuck you I was comfy with my suicide stack of 100toz but now I'm feeling the itch to buy a little more. Ffffuck.

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Would like like to show the class what happens if you extend the earliest year past 1969? Would you also like to show the class what happens if you plot the inflation adjusted DJI against gold?

And the whole point is that silver is undervalued now, at this moment. Do you only buy real estate as the height a bubble, or stocks when they're at an ATH? You buy when a class is undervalued, so you can sell it off when it becomes overvalued relative to other classes that interest you. This is 101 stuff.

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Do you have data going back further? I couldn't find older data. Priced in USD would be okay too.

Pawn shops. They charge $20-$21 for silver eagles depending on quantity, which makes them cheaper than eBay and the bullion dealers (unless you can afford to buy 10-100k worth of silver at a time). Only cheaper places to get them are from actual crackheads

In terms of planetary composition, the ratio of silver to gold is about 9. However, this isn't that useful since there are limits to the depths we can reach with modern technology, and there are also limits to how much you'll spend to extract and purify silver ore based on the price you can sell it at. Remember, while gold almost exclusively comes form gold mines, silver is mined from both dedicated mines and as a byproduct of base metal mining. In fact, the silver price has been so low for so long, that most of the dedicated Ag mines in Peru and Mexico are shuttered. Should price rise in real terms, these mines reopen and start increasing the volume of available silver.

However, mine output data suggest we hit peak silver back in 2012 or so, so they'll be chasing diminishing returns unless a breakthrough mining tech comes about. Historically, the trade between gold and silver seems to go from 1:10 to 1:18, depending on when and where you are and what the local mineral wealth was like. I expect the paper markets in gold and silver to vanish as more and more institutions attempt to take physical delivery, and COMEX and LBMA are already having trouble scrounging up the metal to pay out. There is also the question of silver industrial use eating up mined silver, but its not like that metal is gone forever, electronics scrap is the richest ore on the planet. These introduce uncertainty, but even without a monetary case for silver, without the ETF manipulation I could see the ratio getting within the 50:1 or 40:1 range. Holding out for 15:1 would be max greed.

There is now little practical difference between the US government, the Federal Reserve Bank, or private banking institutions. You should be more open to the idea of conspiracies since you live in a really shitty one. They were only manipulating for the last 10 buy the way. The 30 before that was a natural consequence of demonetization and trading metal as inflated ETFs. Even if I didn't believe in conspiracies, where the fuck would I put my money? Bond yields are being suppressed by the Fed, the stocks are clown world, corporate bonds are now nationalized, you cant start a business in this economy, commodities are all that's left.

Commodities are also dramatically underbought relative to equities this rally. It’s almost like this is part of someone’s master plan, or at the very least a strong indicator of the real state of affairs

It's not something to ruin yourself investing in. Like gold it's a mineral that will retain roughly the same value over time unlike fiat currency.
E.g. One ounce of gold will always be able to buy you a decent men's suit.

So a few things would have to happen/have to be true:

1) Peak silver was in 2012.
2) You need steady demand for silver as an investment.
3) You need demand for physical delivery
4) There's something going on with previously industrially used silver.

To 1) Have you read "The Ultimate Resource" by Julian Lincoln Simon? Very recommended. Just like all the peak-oil cries have been wrong, I suspect this to be wrong too. There is no peak-anything, because human ingenuity will always find a way, if it pays. And you said it yourself: there's a feedback-loop of price and mining.

To 2) I don't think that's there. Who does that?

To 3) That's also never going to happen. Too much overhead.

To 4) That's a tricky one. If the electronics-silver is gone for good, because extraction would be too expensive to ever be feasible realistically, that's not a good thing. That means your stock went down, lowering the stock-to-flow ratio of silver. For example, I think the platinum stock-to-flow ratio is about 1, which means that every year the total available supply of platinum is mined. But it's also used up in industrial use, so it never increases.

That's the crux of industrial uses for things you want to use a financial asset. It's a bug, not a feature.

I don't want to blackpill anyone, but I really don't get the case for silver, outside of somewhat esoteric views on cosmic compositions and conspiracy theories. Which might well be true, but that only means, you'll have to wait for the lizard-people or whoever it is to give up. Why would that ever happen?

1) mUh HuMaNs FiNd A wAy. Spare me the jackoff session. You want to find me a white paper on a mohorhovic discontinuity miner, you'll change my mind. Gold and silver arne't like oil, we've been hunting for them for thousands of years instead of 100.

2 I'm trying to help you see that there IS investment demand in silver, but its not retail for the most part. It doesn't matter if you don't believe its there, what matters is what accounts are buying out mine proudction.

3 Vaulting overhead is expensive. But if you anticipate a payoff that exceeds storage overhead, you'll do it.

4 Plat is a weird example since it wasn't discovered until the 17th century and has no history as a monetary metal. Its similar to palladium in that its uniquely useful as a catalyst and high temperature metal. Extraction of silver and gold ores from E-scrap is most certainly not too expensive to do. We do it right now, this instant. How young are you exactly?

Its clear that you don't want to learn new things or consider outside perspectives. Obviously you know everything about everything and have made perfectly optimized investments. What pray tell, should we put putting money in at this instant, in this bizarro economy.

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>mines the asteroids
>TSLA

What.

I believe that’s what you call bait my friend

I also wanna be redpilled about silver.
I have no idea why everyone on /pmg/ seems to be collecting it over gold.

The ratio thing sounds questionable, if it's being "manipulated" how do you know it would even ever end? Like that other user said.

And physical silver isn't that liquid to trade... As someone worth 6-digits approaching 7-digit, buying silver then cashing in when the ratio is higher sounds like it would involve me sending tens of pounds of silver through the mail... Sounds risky, unwieldy, and like it would call attention from people like the IRS.
Unlike trading crypto where you can buy and sell with a click.

As someone who has only traditional investments (index funds and real estate) as well as bitcoin, looking to buy gold bullion rn, redpill me on why I should choose physical silver instead.

The only real reason I see people at /pmg/ choose it over gold is that it seems they're too poor to buy gold.

docdroid.net/vQ2bWtl/document#page=8

>here is a 12 page analysis I wrote

If you don't have it, then you don't own it.

What happens if a big silver ETF client demands delivery and the ETF can't meet the demand?

They liquidate their positions at a "fair market price"

that basically says to me that the underlying asset of the ETF doesn't exist.

ur mum m8

You misunderstood me.
I have no plans in owning paper silver or paper gold.

What I'm talking about is why I would choose physical silver over physical gold as someone who is worth 6-digit nearing 7-digit.

Just to jnvest $6000, it's either 10 KILOGRAMS of silver (which sounds like a huge hassle to mail in when I want to cash in), or 10x 100gram gold bars (which are all pretty small and very convenient).

Also silver looks like any other metal while gold is very distinctive looking.

Along with my points here Why would I ever choose gold

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>The only real reason I see people at /pmg/ choose it over gold is that it seems they're too poor to buy gold.
This is a big reason you see it shilled on biz, since everyone here has no money and is a shitcoin gambler.

However, you need to remember that in order to provided liquidity, they introduced certificates and ETFs to make trading simple and easy. However this system has allowed lots of fuckery. Metals are illiquid, but not as much as real estate. Insured shipping exists, and anyone trying to buy it from you would be able to pay for that. Its not like you don't get taxed when you sell silver to a bullion company now anyway. And liquidity issues could be solved in the future by combining block chain with secured vaults getting daily audits.

The question about whether to buy gold or silver is when you want to exchange it out for something else. The only reasons to manipulate the price down, WHILE buying it up would be because you intend to stop depressing the price and sell it in the future, or because you're doing it for a governmental backer. Unless you forsee silver going 110 times less valuable than gold, you're at minimum preserving your ability to buy the same amount of gold today (if the ratios don't change), or more gold in the future (if the ratio narrows)

>Why would I ever choose gold
I meant, why would I ever choose silver

Oh no no, I never had any intention to buying paper metals.
I understand printing and fractional reserves, I have zero interest in it.

I was referring mainly to why silver over gold
It just seems unwieldy when you start getting into high 5-digit to 6-digit amounts.

There's even a table of contents

>Just to jnvest $6000, it's either 10 KILOGRAMS of silver (which sounds like a huge hassle to mail in when I want to cash in), or 10x 100gram gold bars (which are all pretty small and very convenient).

I think that's the problem with metals. I own a few grand in physical gold, but if I ever want to implement some sort of "Austrian Investing" [1] scheme where I periodically rebalance to 25% gold holdings, then that simply can't be done physically. If you're approaching $1m, that's ~5kg of gold (about $250k) that you would have to schlepp around every quarter or so. Aside from the impracticability of that, it's also dangerous.

Thank god there's now the technology to hold the hardest asset in human history physically and it costs only a few cents worth of paper and a laptop to do so.

[1] "Austrian School for Investors: Austrian Investing between Inflation and Deflation, 2nd Edition"; Rahim Taghizadegan et.al.