The silver bullrun, whatever happened there
>>62841844
the drop from 130 to 48 has been mind breaking for silver holders. after decades of holding they had a chance to sell high but got greedy. now it'll be another 20 years before they see $50 silver again.
>>62841858>the drop from 130 to 48 has been mind breaking for silver holders.lol, silverbergs BTFO
>>62841858wasnt next ATH 40 years after previous blow off top? its gonna crab at $20-25 for next 20 years
>>62841844They were baggies? They silver stackers?
>>62841844So time to buy
>>62841927I mean it's cheapEven if it went further down u think it's gonna be 20 again? I'm doubtful.Unfortunately my capital is tied up in the like best performing asset... swirl cosmos blister exclusive psa 10s.
>>62841844>whatever happened thereThe Big Boys are still Buying
>>62841858Yea. I tried to sell 100 oz at 110. Horse shit no one was buying. Calling 20 stores in 200 mile radius. All smug and " you're the 100th person to call today we aren't buying". Two actually would buy. One 25 dollars under spot and one at 20 but not more than 10k dollars worth.Buy at a premium. Sell at huge discount. Sold that garbage on the way down at 90 then 75. The the stores only took 5 dollars off spot. Should have just got paper silver that everyone was whining about
>silverjewed>digital silverjewedthe difference is LTC got jewed by Chink LEE, he thought Satoshi was dead, but Satoshi is from another timeline
>>62841951Bet you made fun of Bitcoin for being illiquid, meanwhile you could have dumped $100M worth of Bitcoin in one minute and the price wouldnt even drop 1%, lmao
>>62841862Your meme is absolute dogshit.
>>62841983btc is dino gay coin, and garbage tech, but not illiquid
>>62842012>silvertard is retarded when it comes to crypto as wellsurprise surprise
Commodities are all ruled by simple supply and demand. With a commodity like silver, there is a huge amount of it already out there in people's hands. If the price goes up enough, people will simply sell their silver and the price goes down again. Same exact thing happened with gold. The demand side of the gold equation didn't go down in the slightest. Data centers are still demanding a ton of it. What changed was people started selling their gold because the price got so high and people eventually learned about that fact. Only thing that allowed it to go so high is that information travels slow.
>>62841844Silver had really the textbook top. You had people posting pictures on /biz/ of lines outside metal stores with normalfags lining up to buy. Really couldn't ask for a better sign than that.
>>62841858Nobody would have bought at $130.
>>62842043rotation of weak hands --> diamond hands
>>62842033>he doesn't like btc!! He is a retardOk. I've made more money on both btc and silver than you've ever dreamed. I promise you that>HODL BTC CLUB!Nice gains the last 5 years buddy. And better tech lol. And even better global reputation. Toilet for mouth btc holder
>>62842043If gold and silver were limited to physical sales only it wouldn't have the dumps it generally gets, the market is essentially dominated by paper purchases and sales making the bulk of PM trade between fiat and the USD. Paper PMs are used as basically a very liquid asset that is better long term than holding dollars, the benefit for a lot of bigger industries too is that paper sales depress the physical cost of PMs for their own usages. As long as the petrodollar can maintain dominance this system will be maintained as both the US and British PM exchanges accept paper transactions. If more of the world PM market is dominated by an exchange that forces physical exchanges or physical holdings to be 1:1 then this all changes. Its very similar to fractional reserve banking in a way.
>>62841844People made money, suckers bought in late, the usual. >>62841858Not sure about 20 years. It will pump again some time after gold goes high again, and it WILL go to 5k 6k eventually. No amount of rate raising will change the fact that the only way for the US gov to pay debt is through printing.>>62841951You deserve it for falling to the schizo propaganda.
>>62841955They're both okay at what they do, just buy low sell high
