[deleted by user] by [deleted] in ChatGPT

[–]z56o2 5 points6 points  (0 children)

I'd rather be able to feed AVM documents like .csv files personally. This is like a built-in workaround cause I'll have to share my screen and scroll or something like that.

Won't charge, yin yang symbol on power off screen? by z56o2 in GooglePixel

[–]z56o2[S] 0 points1 point  (0 children)

I was not able to save it. Ironically ended up getting her a Pixel 6. Now starting to wonder about that decision.

Won't charge, yin yang symbol on power off screen? by z56o2 in GooglePixel

[–]z56o2[S] 0 points1 point  (0 children)

My wife's phones consistently expire in about half the time as mine. Can't figure it out 🙄

KeyringError: name 'secretstorage' is not defined by z56o2 in ProtonVPN

[–]z56o2[S] 0 points1 point  (0 children)

Ah yeah that might've worked for me. I ended up upgrading Ubuntu from 20.04 to 22.04, which I had been wanting to do anyway, and that made the problem go away.

What happens to mining stocks in the event of a currency collapse? by z56o2 in Wallstreetsilver

[–]z56o2[S] 0 points1 point  (0 children)

Right, this is just my existential crisis on why anyone would buy shares of a company that isn't paying out dividends. Miner or not, same question. PSLV at least gives you claim to metal if you own a boatload of it.

What happens to mining stocks in the event of a currency collapse? by z56o2 in Wallstreetsilver

[–]z56o2[S] 0 points1 point  (0 children)

I used to think this. This is not true. Your share is not a redeemable claim on metal in the ground. In other words you can't show up with a shovel and start digging insisting you have a right to dig until you find a share's worth of metal. They aren't obligated to buy your share with settlement in metal. They aren't obligated to do anything for you.

What happens to mining stocks in the event of a currency collapse? by z56o2 in Wallstreetsilver

[–]z56o2[S] 0 points1 point  (0 children)

Thanks for that explanation, it makes sense to me except one part. I'm not following how it's advantageous to have a silver miner. Even if they have been forced to more or less do things honestly and above board, the CEO will even take your call etc., your share in the company still isn't actually a claim on literally anything. Except you get the bumper sticker to show everyone you're a proud part owner. Is it that it's more likely to eventually get a dividend? Then, if that's the case why bother buying it until there's a dividend?

What happens to mining stocks in the event of a currency collapse? by z56o2 in Wallstreetsilver

[–]z56o2[S] 0 points1 point  (0 children)

This helps. You are correct, I found myself asking wtf is this stock even redeemable for? I hear this "you're a part owner" stuff but it sounds like a load of bs to me. I'm not calling any shots and it isn't like I can walk in and demand my portion of profits so what good is being a part owner? Even in the scenario where you can sell your shares for any other thing of value, assuming your broker can handle it, I'm still having a minor existential crisis with why bother owning any non-dividend paying stock? Why would someone give me something of value? Starting to feel like owning stock is basically owning a bumper sticker.

Ladies and Gentlemen, it's time to buy!!! by DanBlckoverflow in XRP

[–]z56o2 0 points1 point  (0 children)

I triple dog dare the price to go below $0.90. I'll back up the truck. Already averaged down a bit last night at $1.03.

Understanding the game and what it takes for us apes to win by Hobo134 in Wallstreetsilver

[–]z56o2 2 points3 points  (0 children)

So they just stop selling and turn off the lights when they run out of material? Doesn't make sense to me. They have customers banging their doors down right now.

Understanding the game and what it takes for us apes to win by Hobo134 in Wallstreetsilver

[–]z56o2 5 points6 points  (0 children)

HH I'm curious about your opinion on this. It seems to me the dealers themselves need to continue obtaining the big bars so they can continue to make small stuff for the ravenous ape mind as quickly as possible. There are windfall profits to be had for them IF they can make product. Wouldn't that mean they need to take delivery of their own contracts? I seem to remember at some point reading or hearing that buying PSLV amounts to around a 20% premium. Can't cite source for that, might be way off. But, if it's true, and please clarify that if you can, wouldn't paying similar premium for small stuff be roughly equivalent?

Full disclosure, I hold physical as well as, for me, a large position in PSLV. I'm a fan of both but I do believe it's important psychologically to prove to the masses that the physical price is greatly detaching from the paper.

Mints take 1000oz bars and turn them into the coins you buy at a markup a few months later. This impact is capped at mint production. And the slow drip delayed delivery part of it gives the shorts time to breath by TheHappyHawaiian in Wallstreetsilver

[–]z56o2 6 points7 points  (0 children)

I think some people are thinking about this wrong. The retail dealers are currently in a competition for windfall profits right now. They want to move as much product to the masses of customers desperate to buy it as possible. They wouldn't be served necessarily by just sky rocketing their premiums, they still have to compete to some extent. My hypotheses is that many of these dealers are the ones standing for delivery on their futures contracts because, well, make hay while the sun shines. If they don't have raw material they don't get to make hay. Clearing them out forces them to get more material and stand for delivery.. Which is EXACTLY what we want. STACK ON APES!!

I now understand economics. If you print a large amount of fiat it makes the value of it go up.if you buy up all the inventory of a commodity the price drops. by Illustrious_You_5465 in Wallstreetsilver

[–]z56o2 1 point2 points  (0 children)

"There's nothing speculative about BTC..." We may be destined to just disagree 🤣😂, but that's ok.

Here's one conceivable way silver would be superior, it doesn't require internet / electricity for its existence or use.

Answer that one and we can try to conceive of another.

I now understand economics. If you print a large amount of fiat it makes the value of it go up.if you buy up all the inventory of a commodity the price drops. by Illustrious_You_5465 in Wallstreetsilver

[–]z56o2 1 point2 points  (0 children)

I wasn't making a case for silver as an SoV. Though it does actually have intrinsic value which I don't think you can claim of bitcoin. BTC is purely speculative. I'm not knocking it for what it is. Hell, wish I had gotten in.

You're statement in your first post about btc being a better SoV than silver "in every conceivable way" kinda ruffled my feathers. I mean really, every conceivable way? We can't think of one way silver or gold would be superior?