I think because the mooning of silver will signal to the market that hyperinflation is an actual possibility which may force the Fed to raise interest rates. They really don't want to raise interest rates because the National debt will become unpayable and they will have to default on government pensions which will cause mass riots from government workers. They also don't want to deal with hyperinflation as it will cause the poors to riot. I don't know which option they will choose, probably hyperinflation because government workers are like superior to the poor in their minds.

I like silver too, but not sure why they can't continue to keep the lid on it a while longer. Everything bubble's been going on for years, soaring stocks, bonds, RE, crypto, etc. Even if silver goes back up to $50, is that going to be what breaks the dollar and markets? I've heard that story for so long, even I am skeptical. Maybe it's just some kind of Stockholm syndrome.

50$ ATH Silver is like 160$ in today dollar .

Anyway , hyperinflation in the US is almost impossible before a very long time .
It covers abysmal amount of debts in the world and no other currencies are better .
And everyone printing .
But yeah it will get lower imo (75?)

Silver real price imo is closer 2 120$ then current price

WAYYYYYYY LESS!!!!!!

I own a vending company and silver quarters are kicked out of the coin counting machine I use (it thinks they're fakes, go figure lol). For every $10,000ish in quarters I do, I MAYBE get 1-2 silver quarters on average.

are you the guy who sells condoms to truckers at restrooms?

Would if I could

I mostly do movie theaters, restaurants, family entertainment centers, etc.

i get condoms at movie theaters, family entertainment centers is a bit of a surprise though

There are at least three billboards around my city advertising Wall Street silver sub Reddit

Been awhile since I've posted because I got bored with trolling tooth. Buying lots of wpm/ gdx again.

Those guys are literally delusional.
This isn't to say that silver doesn't rip for whatever reason at some point, but silverbugs are all the same, always, and this thread is a case-study in the horseshit they cite to rationalize their horseshit conspiracies.

Its a lot of unsophisticated dumb guys who have a fetish reaction to holding discs of metal, because they don't understand other things.

The funny thing to me is that the current "bullish" argument is the exact same argument as it was a decade ago. If inflation is running hot (it is!) and silver can't rally (it can't!) that has to tell you something.

Bonds, gold , silver markets , all saying this inflation is not sustainable .
The US dollar at 93 !

Real sustain inflation is always about currency going down .
Watch gold if the dollar reach 75 …(for w.e reason and it will at some point).
That is why you buy gold,silver -> keep purchasing power .

crypto > gold silver but its oaky to have some in the portfolio just incase they shut down the internet

This is quite superficial. Complex systems, like our markets, don’t really work like this. Sure, a pharma company winning winning a law suit can directly trigger a rally.

But look at lumber. That was a spike equivalent (if not greater than silver’s move to $50 USD). The squeeze ran its course, but clearly avg price is higher and will continue to go up.

Commodities are in a bull market, it’s obvious. I just paid $10.15 or something for a five guys cheeseburger in middle market US city.

Gold running to $5k, which I’d bet money happens in the next 10 years, puts silver easily past it’s all time high.

Further, you should not confuse the paper markets with the physical markets. If there really are problems with rehypothecation, they will one day unravel.

Fwiw , crypto do not seem to be correlated to anything do I didn’t see the point of bringing it into a silver thread speaking about inflation ..
I like privacy too …

I do own both tho (PM and crypto) .

Lots of demand for the USD, no doubt about it. Inflation and hyperinflation are two different things.

But if you look at Weimar, there was inflation but mostly sideways action. And then BAM, car was out of the bag and there was no going back.

With algos and the internet (heaven forbid ****ing AI), we could be good for years, and then wake up one morning to $100 barrel, $5k per ounce, etc.

Imho , as long huge amounts of US denominated debts in the world exist ( outside of the US owned debts) , the demands of the dollar will stay high , artificially keeping its value high .

But once all those debts gets paid down , the demand will break down and than huge inflation problems will Emerge in the US .

China, russia already bought massively gold after the GFC .
It takes time but the move out of the US dollar seem to have slowly started , will see .
If my memory is correct , the oil prices isn’t only in US dollar anymore .

thats news to me, i always thought it was the petrodollar except for sanction countries like iran and venuleza. usd will lose value in the long run while american power is declining. they don't have the edge like they did years ago. Their dominance is getting smaller and smaller. If they can't beat the talibans, good luck fighting russia or china. I don't keep much fiats cuz i know their monopoly money but once the world goes back to a gold or crypto standard lots of people will be holding worthless paper. might not happen for another decade or so but one day the fiat system will crash ( I hope) and we go back to a gold or crypto standard. I would feel bad for people who hasnt prepared for this scenerio. Where has tooth been? i havent seen him posting for awhile and he was saying we can have deflations lol. he is still active but guess i dont check out the threads he post cuz he doesn't post in the threads i do check lol

yea i have PM and crypto too as a hedge


funny thing is i have enough silver and i use that to pay for items if the owner agrees. they are happy to take my silver cuz they know it will go up. i barter with owners but obviously not with employees cuz they don't have the power.

sometimes i feel like living in the past using silver to pay haha

Or maybe the present was a temporary regression while the past was the futur by using silver

Imho the real problem worldwide is that the reserve currency is in effect a national currency (triffin dilemma) and as long you have that , people will get screwed in the end .

That's not what 'artificial' means. They use it because then their IR is lower. It's not an artificial reason at all but a logical, financial one.

Every year non-Americans and goldbugs say the USD is gonna fall hard, stop being the world's reserve currency blah blah blah. They've been wrong since the Plaza accords. Wrong since Nixon. Wrong today.

remember when people were yelling that when the rating agencies downgraded USTs? LMAO, good times, and rates fell and fell.

just cuz they were wrong in the past doesn't mean it can't happen in the future. more competition from china n russia now than in the past and americans dominance is fading. not saying the usd will lose its reserve status anytime soon but it will in the future is what i predict but hey u never know it might not.

Maybe, its not impossible, but I still fail to see the argument for silver here unless you're a completely unsophisticated ****** (in which case, you could achieve the same outcome by hoarding redeemable aluminum cans in case 'hyperinflation' hits and aluminum goes way up)

Lets say that the "inflation scenarios" silverbugs believe come to pass.
You can make much more money going long or short inflation sensitive/resistant equities than you could buying little bars of metal. So, if you believe this is the case, why buy silver and not other options that will perform much better should the inflation scenario be valid?

Lets say that the inflation scenarios silverbugs believe DO NOT come to pass?
Now you have money tied up in garbage trinkets when you'd be doing much better, long term, in an index fund or some no-brainer blue chip that pays a dividend.

So the argument for silver, is... Mad Max and a reversion to the barter system as we all roam the land driving solar-powered Sandrails trying to capture unaccompanied women to trade for silver and ammo?

I’d never suggest anyone have a portfolio of only silver.

It seems like you are assuming in your post the vey thing that we are talking about…what do you suggest would do much better?

BTC is not a fair answer. I agree that is one of the best assets out there. But look, just being honest, speaking simply, etc. it feels expensive to me. So too do equities. Silver does not feel expensive to me. It feels like a deal in the low 20s.

Real estate feels expensive too. 30 years at 5% or less is like free money, so who cares?


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I forgot to say, one of the great reasons to own something like physical silver is that there is no counter party risk.

That is one of the cool aspects of BTC as an invention. But still…you need the network.

Come hell or high water, your silver will still be there. And it takes a super nova to make more…


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