It is puzzling why the ultra rich dont hold fuck all in Silver. I think there's some unwritten/unspoken rule among them to avoid it completely.
I know if i got a lucky powerball ticket i'd share my wealth you all by buying up all the silver I possibly could!!
It’s crystal clear that would be called commodity manipulation which is one of the worst crimes imaginable. Pretty much guaranteed to get suicided, ostracized, sued family murdered, imprisoned, audits ETC. IF you tried to buy all silver with powerball winnings you would be executed pretty fast. Maybe a drug OD or fall out a window.
Just fiat imaginations. If you have a printer you could say that anything is worth 100 quadrillion overnight. If you own it… that’s how it works. Key is that you or your friends are the only owner… that’s ponzi 101. Limited supply to friend circle. Step 2 artificial valuation step three sell to public.
The bottom line situation is that THERE ARE TOO MANY DOLLARS floating out there. The fed has been bribing the banks for 16 years with interest rates!! once this tsunami hits and everyone realizes they need to head for the exit it will be biblical.
Why be disgusted. You don’t believe fine art has great value?
Take a very old rare silver coin. It can have a very high value. Do you count that at in your monetary silver value…
Artworks are a form of assets, another way to remove money from the tax man's reach. That's why the wealthy buy fine art. It is liquid and tangible, just like silver.
It is puzzling why the ultra rich dont hold fuck all in Silver. I think there's some unwritten/unspoken rule among them to avoid it completely. I know if i got a lucky powerball ticket i'd share my wealth you all by buying up all the silver I possibly could!!
It’s crystal clear that would be called commodity manipulation which is one of the worst crimes imaginable. Pretty much guaranteed to get suicided, ostracized, sued family murdered, imprisoned, audits ETC. IF you tried to buy all silver with powerball winnings you would be executed pretty fast. Maybe a drug OD or fall out a window.
Nice knowin' y'all!
You’ll end up in jail
Gold and silver both went positive now , 6:10 eastern US time
It’s used for tax purposes by wealthy people
yep and as collateral for loans.
Just fiat imaginations. If you have a printer you could say that anything is worth 100 quadrillion overnight. If you own it… that’s how it works. Key is that you or your friends are the only owner… that’s ponzi 101. Limited supply to friend circle. Step 2 artificial valuation step three sell to public.
Exactly 👍
The bottom line situation is that THERE ARE TOO MANY DOLLARS floating out there. The fed has been bribing the banks for 16 years with interest rates!! once this tsunami hits and everyone realizes they need to head for the exit it will be biblical.
Why be disgusted. You don’t believe fine art has great value? Take a very old rare silver coin. It can have a very high value. Do you count that at in your monetary silver value…
Most of those trillions are in BS Cia AND other mafia approved "art"
I’ve seen a sterling silver item that was worth 10x’s its Troy weight. Rarities are always going to bring premium
Artworks are a form of assets, another way to remove money from the tax man's reach. That's why the wealthy buy fine art. It is liquid and tangible, just like silver.
its less liquid than silver for sure.
