Silvermos you’ve cost me a lot of $$$$$$$$
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Date: August 17th, 2021 5:00 PM Author: Sooty Talented Pervert State
To be fair,
Trust me, $1000/oz is right around the corner. Paying over spot and then covering shipping expenses for delivery of large amounts of a physically heavy commodity that doesn't really seem to ever increase in value over time (let alone keep up with the rampant fiat inflation that is going on these days), and which you then have to store and protect from theft or loss and which is difficult and costly to move around, might *seem* like a poor financial and logistical decision now, but just wait -- it's all going to plan, keep the faith.
Well, keep the faith about silver, that is. Literally everything else in modern life is total shit and a horrible scam and the rest of the world is doomed, thanks to Jews. But -- what are the odds! -- getting in on physical silver (which is also ironically perhaps the single commodity most tightly controlled by Jews except for diamonds) is the one bright exception to that rule. So go all in on it now, before it's too late! And after all, what else were you going to invest that money in, anyway... "cryptocurrency"? LOL brother that shit is all worthless and it's going to zero ($0/BTC) any day, trust me. Would I ever steer you wrong? I'm just your friendly neighborhood mentally-ill blackpill nihilist, spending all day every day trying to slowly demoralize you and poison your soul as I waste all of my waking hours megaposting on an obscure message board... for your own good, of course... ;)
(http://www.autoadmit.com/thread.php?thread_id=4901846&forum_id=2]#42964516) |
Date: August 17th, 2021 9:58 PM Author: cobalt center rigor
if you think we can increase our money supply, debt and debt/gdp ratio exponentially forever with no consequences, then by all means sell your silver
me? sitting comfy waiting for the economic collapse that makes the great depression look like a spa day
(http://www.autoadmit.com/thread.php?thread_id=4901846&forum_id=2]#42965925) |
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Date: August 17th, 2021 10:02 PM Author: aquamarine associate
It's right here:
To be fair,
Trust me, $1000/oz is right around the corner. Paying over spot and then covering shipping expenses for delivery of large amounts of a physically heavy commodity that doesn't really seem to ever increase in value over time (let alone keep up with the rampant fiat inflation that is going on these days), and which you then have to store and protect from theft or loss and which is difficult and costly to move around, might *seem* like a poor financial and logistical decision now, but just wait -- it's all going to plan, keep the faith.
Well, keep the faith about silver, that is. Literally everything else in modern life is total shit and a horrible scam and the rest of the world is doomed, thanks to Jews. But -- what are the odds! -- getting in on physical silver (which is also ironically perhaps the single commodity most tightly controlled by Jews except for diamonds) is the one bright exception to that rule. So go all in on it now, before it's too late! And after all, what else were you going to invest that money in, anyway... "cryptocurrency"? LOL brother that shit is all worthless and it's going to zero ($0/BTC) any day, trust me. Would I ever steer you wrong? I'm just your friendly neighborhood mentally-ill blackpill nihilist, spending all day every day trying to slowly demoralize you and poison your soul as I waste all of my waking hours megaposting on an obscure message board... for your own good, of course... ;)
(http://www.autoadmit.com/thread.php?thread_id=4901846&forum_id=2]#42965942) |
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Date: August 17th, 2021 10:06 PM Author: fuchsia fragrant psychic pit
He’s a broken record about it, his brain is broken, see here:
http://xoxohth.com/thread.php?thread_id=4901579&mc=77&forum_id=2#42962753
And here:
http://xoxohth.com/thread.php?thread_id=4895990&mc=15&forum_id=2#42930776
The truth is that TBF has made a lot of money on crypto, and good for him. But it’s based on a huge fraud and *he knows it*, so it’s driven him a little insane (he loves to attack people’s hypocrisy but his position on tether is a huge blind spot of his own).
I am much more comfortable in physical metals because they are suppressed and the opposite of fraud. He can mock us every time crypto goes up and metals fall, but it neither addresses our arguments or changes our position.
We will see how things shake out, but in the meantime enjoy your crypto winnings.
(http://www.autoadmit.com/thread.php?thread_id=4901846&forum_id=2]#42965959) |
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Date: August 17th, 2021 10:16 PM Author: ruby slippery rehab
I am much more comfortable in physical metals because they are suppressed and the opposite of fraud. He can mock us every time crypto goes up and metals fall, but it neither addresses our arguments or changes our position.
is the point of investing your money to feel morally superior based on some deeply held belief about what is or is not a 'fraud'? or to actually generate positive returns?
(http://www.autoadmit.com/thread.php?thread_id=4901846&forum_id=2]#42966041) |
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Date: August 17th, 2021 10:21 PM Author: fuchsia fragrant psychic pit
yes prices were high a couple years ago, look at the historic shiller PE ratio:
https://www.multpl.com/shiller-pe
The market is currently propped up like a zombie by endless monetary printing. And that doesn’t mean prices can’t go higher, shrug
(http://www.autoadmit.com/thread.php?thread_id=4901846&forum_id=2]#42966079) |
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Date: August 17th, 2021 11:11 PM Author: Sooty Talented Pervert State
To be fair,
Holding some relatively modest amount of physical silver as one of multiple hedges against truly catastrophic systemic failure -- with the expectation that you will probably never really make a significant profit from it, and it's purely a limited use worst case scenario insurance policy -- is defensible. Think of it as a sunk cost rather than a financial investment. At most maybe 3-5% of your net worth if you're relatively poor, 1-2% if you're relatively well off, .5-1% if you're rich.
"Silver to $1000/oz [in real spending power], buy now or stay poor you apes the train is leaving the station!" is completely fucking retarded, and that's clearly what the OP is MAF about.
Conflating those two positions in any way -- especially in an era where regular joe white right wingers who frequently run in the same crowds as silvermos can easily money hand over fist by simply speculating in cryptocurrency instead -- is devious kikery of a very high order and that should be pointed out at every turn.
(http://www.autoadmit.com/thread.php?thread_id=4901846&forum_id=2]#42966496) |
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Date: August 18th, 2021 1:31 AM Author: cobalt center rigor
lmao oh okay you're looking out for joe sixpack by getting him to invest in electro goycoins likely less than twelve months before the government bans on/off ramps, taxes to oblivion, literally EMPs to maintain their financial hegemony, etc
god forbid regular people buy silver - literally "the people's money" to protect their purchasing power of savings and come out the other side not being a pauper anymore
why do i get the feeling if silver ever does go to $1K in today's dollars you will never admit you were wrong?
(http://www.autoadmit.com/thread.php?thread_id=4901846&forum_id=2]#42967101) |
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Date: August 18th, 2021 2:20 AM Author: Sooty Talented Pervert State
To be fair,
Holy shit — is crypto going to zero? Massive crash, never recover, it’s really all over this time? I would ask if we have your assurances on this, but honestly this is the first time I’ve ever heard this kind of dire prediction so it’s probably true because this is simply unprecedented. Exit all positions now while you still can! If you hurry, you might still be able to pick up some physical silver before the final stock runs dry! Don’t worry about the price, get what you can now it will all seem like a steal later!
And you’re right about one thing: I haven’t held a stable pumo on this board for over a decade and I would certainly never admit when I’m wrong.
(http://www.autoadmit.com/thread.php?thread_id=4901846&forum_id=2]#42967216) |
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Date: August 18th, 2021 2:22 AM Author: Sooty Talented Pervert State
To be fair,
Marking this as “post by a guy who really thinks physical silver is a great financial investment and is unironically going to $1000/oz+ in real purchasing power soon”
Sincerely,
Someone who undoubtedly owns more physical silver than you and still thinks you’re a fucking idiot
(http://www.autoadmit.com/thread.php?thread_id=4901846&forum_id=2]#42967222) |
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