Silver? It's dropped to spot price 19

1. 2022-09-14 at 12:15 AM UTC

   #21
   

   Speedy Parker Black Hole

   Originally posted by Murk Lore Ha. I'm literally the first few months in as an X gen
   
   And they split Xgen in half with MOON PERSON so you're at the tail end of the same basic gen, you male sheep fucker

   
   It's Gen X not Xgen.
   
   Your worse than Ricky Lafleur.
2. 2022-09-14 at 12:15 AM UTC

   #22
   Steven African Astronaut

   Originally posted by Speedy Parker It's Gen X not Xgen.
   
   Your worse than Ricky Lafleur.

   
   boomer
3. 2022-09-14 at 12:19 AM UTC

   #23
   

   Murk Lore African Astronaut [usually pique my undulation]

   Originally posted by Steven what year were you born and what hospital

   
   ..the $& of ...mber go fuck yourself 19 hundred and non yo business at best hospital shipboard article 20 whatever state of Cali
4. 2022-09-14 at 12:19 AM UTC

   #24
   Steven African Astronaut

   Originally posted by Murk Lore ..the $& of …mber go fuck yourself 19 hundred and non yo business at best hospital shipboard article 20 whatever state of Cali

   
   never heard of it what street is that on
5. 2022-09-14 at 1:03 AM UTC

   #25
   The Self Taught Man Black Hole
   It was $18 something a while ago. $19 is still very good. There is huge risk asymmetry in things like the metals right now, they at the price floor and inventories in storage are declining, while miners can't produce enough to meet demand. In addition, as the result of under-investment and depletion of reserves there is pretty much no new supply coming to meet future demand and address the deficit in production vs demand. At the same time skittish investors have already sold off and shorted the hell out of everything. As a result the prices can't drop very much more, but the price can increase a lot. That sort of risk-asymmetry makes buying a complete no-brainer. There is a huge upside, but almost no downside.
   
   Even if there is a recession coming/here, the conventional wisdom is that recessions are bad for commodity prices, but that's not even necessarily true. Commodity prices sell off going into recessions, as they have done, but during recessions prices do fine. The reason is that even if the economy contracts a few percentage points people still need stuff and still buy things, and even if a lot of people lose their jobs the vast majority of people keep their jobs and continue on just fine.
6. 2022-09-14 at 1:09 AM UTC

   #26
   The Self Taught Man Black Hole
   Also the weird thing right now is that whenever inflation reports come in hot metals all get sold - metals decrease in price as inflations rises.
   
   Obviously that's a short term trend, caused by skittish investors.
   
   If you want to preserve wealth, then holding metals is pretty much the safest way to do it. In the long term metals will continue increasing in price as paper money loses its value. I'd be very surprised if things like silver, copper, etc don't double over the next 5 years. I don't see a scenario where they decline over the next 5 years.
   
   https://www.kitco.com/charts/livesilver.html
7. 2022-09-14 at 1:18 AM UTC

   #27
   The Self Taught Man Black Hole
   Also all the private buying of silver bullion, with the likes of TV clown Max Keiser going on about "buy silver crash JP Morgan" and crap like that, is a sideshow and an insignificant part of the market. What drives things like silver is big commodity traders doing long term hedges and industrial demand for things like solar panels and other things that get made in Chiner, and that demand is only increasing.
8. 2022-09-14 at 5:11 AM UTC

   #28
   

   Murk Lore African Astronaut [usually pique my undulation]

   Originally posted by Steven never heard of it what street is that on

   
   Atlantic Ocean English channel
9. 2022-09-14 at 8:29 AM UTC

   #29
   RIPtotse victim of incest [my adversative decurved garbo]
   Silver and gold are ALWAYS a good investment. Its a long investment though and you shouldnt expect a decent return on the investment unless you wait at least 10 yrs or so imho.
10. 2022-09-14 at 9:30 AM UTC

    #30
    

    Ghost Black Hole
    i bet this goes up a lot no way they ever make more. If you get it buy 2 and i;ll buy it from you, I can't order it in the USA and im too lazyto set up a shipping service intermediate thing
    
    https://www.ebay.com/itm/143946294768
    
    
    The following users say it would be alright if the author of this post didn't die in a fire!

    • RIPtotse
11. 2022-09-14 at 1:16 PM UTC

    #31
    Steven African Astronaut

    Originally posted by Donald Trump Also the weird thing right now is that whenever inflation reports come in hot metals all get sold - metals decrease in price as inflations rises.
    
    Obviously that's a short term trend, caused by skittish investors.
    
    If you want to preserve wealth, then holding metals is pretty much the safest way to do it. In the long term metals will continue increasing in price as paper money loses its value. I'd be very surprised if things like silver, copper, etc don't double over the next 5 years. I don't see a scenario where they decline over the next 5 years.
    
    https://www.kitco.com/charts/livesilver.html

    
    
12. 2022-09-14 at 1:18 PM UTC

    #32
    Jiggaboo_Johnson Black Hole

    Originally posted by Murk Lore 19.74USD
    
    When should I purchase?
    
    Talks of 50 dollars or more has caused a run on silver so why does it drop if there is a demand on it?
    
    It's used in electronics and there is a silver mine boom in Nevada outside of Tonapah/Mina
    
    How far will it's value drop before I invest?

    
    Check thrift stores for silver cutlery and trinkets etc.
    The following users say it would be alright if the author of this post didn't die in a fire!

    • The Self Taught Man
13. 2022-09-14 at 1:43 PM UTC

    #33
    Steven African Astronaut

    Originally posted by Jiggaboo_Johnson Check thrift stores for silver cutlery and trinkets etc.

    
    
14. 2022-09-14 at 1:43 PM UTC

    #34
    Steven African Astronaut
    'check the dump for useful trash'
    The following users say it would be alright if the author of this post didn't die in a fire!

    • Ghost
15. 2022-09-14 at 1:47 PM UTC

    #35
    

    Speedy Parker Black Hole

    Originally posted by Steven 'check the dump for useful trash'

    
    Are you granting permission to search your room.
16. 2022-09-14 at 1:49 PM UTC

    #36
    Steven African Astronaut

    Originally posted by Speedy Parker Are you granting permission to search your room.

    
    telling Jigs to check his asshole
17. 2022-09-14 at 1:51 PM UTC

    #37
    Jiggaboo_Johnson Black Hole

    Originally posted by Steven telling Jigs to check his asshole

    
    That's gold not silver.
18. 2022-09-14 at 1:52 PM UTC

    #38
    Steven African Astronaut

    Originally posted by Jiggaboo_Johnson That's gold not silver.

    
    that's dried cum
19. 2022-09-14 at 1:56 PM UTC

    #39
    Jiggaboo_Johnson Black Hole

    Originally posted by Steven that's dried cum

    
    While you're back there put that tongue to good use and clean it up.
20. 2022-09-14 at 3:15 PM UTC

    #40
    RIPtotse victim of incest [my adversative decurved garbo]

    Originally posted by Steven defeated^

    
    As far as im concerned u defeated urself when u got pegged in florida and decided to get a bunch of soundcloud rapper tats