Physical silver is the most underpriced asset on planet Earth
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Poast new message in this thread
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Date: April 13th, 2022 8:23 PM Author: frum parlor toilet seat
To be fair,
Oh man this was really sarcastic, which means that this information shown here (which was literally compiled straight from the USGS) is wrong, and we're actually not looking at a gobal silver shortage stemming from industrial demands outpacing mining within the next decade or so. Damn, rekt by a pumo again -- this just keeps happening constantly to me on every single issue. Why am I so gay and retarded?
https://www.401krollover.com/worldwide-silver-supplies-will-be-depleted-by-2025/
(http://www.autoadmit.com/thread.php?thread_id=5082877&forum_id=2#44333956) |
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Date: April 13th, 2022 8:28 PM Author: frum parlor toilet seat
To be fair,
lol cr
Gold is a much better high value PM store for precisely that reason. I can literally smuggle $100,000 worth of gold out of the country up my ass -- and I mean, true, I could also do that with silver as well, but that's only because sticking things up my ass is basically my profession.
(http://www.autoadmit.com/thread.php?thread_id=5082877&forum_id=2#44333981) |
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Date: April 13th, 2022 8:45 PM Author: frum parlor toilet seat
To be fair,
Let's just consider a single element of the modern consumer market for industrial silver:
Every single cell phone, tablet, computer, etc. that you see contains non-negligible amounts of silver inside of it. Do you think that will change within the next 10 years? 20 years? How much of that silver is being recycled? Will a bunch more be recycled in 10 years? 20 years?
(http://www.autoadmit.com/thread.php?thread_id=5082877&forum_id=2#44334114) |
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Date: April 13th, 2022 8:50 PM Author: frum parlor toilet seat
To be fair,
There is no shift, you yourself said I have always openly said I hold substantial amounts of PMs and I never shit on people who want to hold gold or silver for the right reason.
The key part of that sentence is "for the right reason."
(http://www.autoadmit.com/thread.php?thread_id=5082877&forum_id=2#44334167) |
Date: April 13th, 2022 8:19 PM Author: Dark old irish cottage
how many ounces do you have?
the problem for silver right now is the premium. the premium on Kitco for Canadian silver maples is almost $8.50, which is really high.
(http://www.autoadmit.com/thread.php?thread_id=5082877&forum_id=2#44333930) |
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Date: April 13th, 2022 8:48 PM Author: frum parlor toilet seat
To be fair,
First of all, gold and silver have two fundamentally different value propositions, retard. The vast majority of gold is used for decorative or speculative purposes (i.e., hoarding or jewelry). That use case can legitimately be captured, at least to some degree, by crypto. Reasonable minds currently differ about how much capture will occur, but gold is squarely in BTC's sights in a way that silver isn't as explained below.
By contrast, the vast majority of silver is used for practical industrial purposes. Putting "BTC" inside a cell phone instead of silver will never make the fucking phone work, and I say that as the guy who has been shilling BTC for almost a decade and also shits on silvermos who oversell the speculative future potential value of silver.
Sorry that you're a retarded faggot who apparently has strong opinions about this topic yet doesn't even realize you're actually conflating two fundamentally different types of assets, Obeezy.
(http://www.autoadmit.com/thread.php?thread_id=5082877&forum_id=2#44334148) |
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