/biz/ - Business & Finance

I don’t know about you all... but because of Corona this is the first time since college that I’ve felt alive. I have lots of silver and been waiting for something like this to happen for 5 years. The point where things get so bad that 1 silver merc dime will buy me a blowjob from a formerly well to do housewife and her 18 year old daughter at the same time. I’ve been waiting in the shadows laughing at these cuck husbands who buy their wives range rovers instead of buying silver bullion... knowing that I’ll be face fucking their wives mouths for the 1.30$ it cost me to buy that silver dime.

Just yesterday at Whole Foods I seamlessly entered into conversation about Corona with a roastie milf that had a ring on her finger in the water aisle... and I said this is all a cover for trump to bring us back on a gold standard. She started looking at me in amazement like she wanted me to paint her lips in cum. At the end of the conversation I’m like take my number l have plenty of protection and freeze dried food if you ever need it and she took it from me.

Hanging out with my stack. Just gunna eat, drink, and play.

> most recent order has been sitting in fed ex delivery location since 6:46 a.m. with no update of out for delivery

how wonderful

Nows the time anons, I've been stacking cash for months now and the price is starting to get slightly back to normal, I think we have until October to accumulate as much as possible before it starts

>FWTDHWATQUD status: shopping

>>19815566
Gee Bill, why do we have two gold threads?

>>19815875
Prices are not normal if you account for the absurd premiums. Put that cash towards metals anon. I suggest several tons of copper zinc and nickel.

>>19815875
what happens in october

>>19815951
27,000 an ounce for gold
5,000 an ounce for silver

>>19815875
A twenty on top of a stack of ones. Too poor to use a $100 instead?

>>19815983
too bearish.

>80,000 an ounce of gold
>9,000 an ounce of silver

>>19815983
>$5k monopoly monies x my ozs of silber
hold on lemme do some calculations

>>19815676
is this pasta or are u serious anon, if so, based

>>19815676
We're going to need real-time hole pricing and grading soon chaps. I'll open the floor at:

$1.23 pie hole
$0.835 pink
$0.8199 stink(bleached)

Roastie grade multiplier: 0.333x

>CFTC-COMEX GOLD SPECULATORS RAISE NET LONG POSITION BY 15,766 CONTRACTS TO 143,070 IN WEEK TO JUNE 16
>SILVER SPECULATORS RAISE NET LONG POSITION BY 3,962 CONTRACTS TO 27,573

is this bearish?

>>19816023
It's mostly 20s anon, I've just been making a habit of saving all the 1s I've come across so I decided to put them in the stack too

>>19816169
whats the exchange rate for merc dimes and FWTDHWs?

>>19816023
leave him alone hes starting somewhere, i bet he has more money saved than 90% of the population because of their shitty spending habits

>>19816208
>whats the exchange rate for merc dimes and FWTDHWs?
just the knowledge you have them should get laid.

remember:
>1 oz = suicide stack, the least needed not to an hero
>13 oz = make it stack, live on dividends for the rest of your life
>30 oz = Plantation Owner, purchase nearly any car/house you want
>100 oz = Oil Baron, buy any home/car and a massive yacht
>1000 oz = Saudi Prince, buy anything including islands
>10000 oz = Rothschild Insider, all the above, be inducted and apart of overarching control web and inner circle of men who run everything

>>19816251
What about those with 100 Billion Tons of Gold and Silver like JPM and others?

>>19816023
rude

>>19815676
Been stacking off and on since 2008, and I agree. It's a jolt of new life being back in the game in a big way again. It's habbening!

>>19816495
Looted by joggers and crazy leftists

>>19816587
>Been jacking off since 2008,
i warned you about 4chan bro

A new gold backed digital currency would literally be the greatest thing that could happen to the human race. It would incentivize:
1. Space exploration for asteroid mining
2. Fusion reactors for modern lead-into-gold

If you think about it, almost all exploration and colonization, as well as the entirety of mining technology which formed a basis for the industrial revolution, came about out of love for shiny rocks.

Pray for a gold backed currency for the good of humanity.

why are prices going up right now

>>19815951
obviously a revolution

>>19815983
Yes, but keep in mind a loaf of bread will cost $900

>>19816971
Goldman Sachs increased their prediction that gold will go $2000/oz within 12 months (an increase from their previous estimate of $1800).

>>19817088
Not if you have some long pork to trade.

>>19816192
No.

>>19816495
>What about those with 100 Billion Tons of Gold and Silver like JPM and others
they become the sovereigns of the world. More openly so.

>>19817117
These financial institution's predictions (for example Bank Of America predicts $3000/oz soon) should be treated as very conservative estimates. I'd way gold could go to at minimum $5000/oz within 12 months.

>>19817117
>price goes up because Goldman Sachs predicts price will go up
You're probably right, but this seems like circular reasoning to me.

>>19817189
Well they said they increased their prediction because of china tensions and renewed infections around the world.

Anyways the prices go up because normies see these institutions as an authority. It's retarded but still a big deal.

>>19817238
Markets are also irrational so it doesn't matter regardless, I always try to remain skeptical and play devils advocate though.

>>19816251
Is this for gold or silver

>>19817330
>play devils advocate though.
could call fren. for all intensive purposes, its stilll a doggie dog world out there.

>>19817338
silver

>>19815951
The big question, when will the current system collapse?
Why should is collapse in october?
Look back in 2011 a lot of people thought, the system crash is inevitable but the system survived.
If we look back in history like GDR and other socialist countries, u can see that u can hide your bancruptcy for several years.
Sure we can see the fall of the current fiat system in autumn or in the next decade.

>>19817401
Change your prediction to gold and it's believable

>>19817437
it wasn't my prediction

>>19817437
just say Schiff three times and he will tell you why silver is the mother of all mooners.

>>19817433

>Look back in 2011 a lot of people thought, the system crash is inevitable but the system survived.

It's been explained many times why this is different from 2011. See picture. Level of debt, fragility of the market, maximum level on the yield curve, amount of money being printed to keep it down, size of the asset-bubbles, state of the real economy, and many more reasons.

>Why should is collapse in october?

It won't collapse in October. But that's when the Fed will institute YCC to prop the stock market back up. They will do it just before the election. YCC means unprecedented levels of inflation and metals and miners soaring to levels we can hardly imagine. The system itself won't collapse until we reach hyperinflation, which should take a few more years.

>>19817450
ok
>>19817544
schiff schiff

>>19817565
one more anon....

>>19817581
hi, the joke here is that I will never say it one more time

>>19817551
Thx for your answer. I do not visit all pmgs threads daily. Didn't see the explanation.

>>19817565
beatle juice, beatle juice, oh wait what were we doing again?
oh yeah Schiff, Schiff, Schiff....
tell us about the end of the world and why we need to own gold and apparently silver now

>>19817604
Sorry, that was hard to interpret on an anime image board. on a scale of 1 to autistic how well do you do with women?

>>19817632

Sorry if my tone seemed harsh, it wasn't intended to be.

>>19817681
I am autistic/shy around women but I managed to pull off 2 pretty 8/10 gf's just because I was somehow given the handsome genes. Looks are everything I guess

schiff

>>19817767
Also both times I was asked out by the girl because I was too autistic/shy to go near them.

>>19817551
Why do I have the feeling I'll be reading a thread on a neomalaysian 3d printing forum in 2032 talking about how the fed is printing 7 quadrillion dollars and fiat is done for this time.

Are there any possible scenarios the worth of PMs will actually go down in the future? I can't think of any, so it seems like a no brainer to go in heavy right now. But it's hard to believe it would be that simple.

I don't think the full brunt of the financial happening will hit sooner than later (couple more years), but is there anything anyone can do to destroy the value of PMs? The only thing I can think of is faith in the fed, but if there are news stories of countries buying silver and gold (notably America's rivals), I would imagine that means they're aware that shiny rocks are a good leverage option to deal with any collapse of the fiat system. Even if the fed goes full zombie for longer than it should, which it already has anyway, when are you a loser with shekels? When no one else can buy them or the only people who can buy them control the pricing?

>>19815720
I'm still waiting for my orders i passed in march to be delivered... Fucking Godot&fils kikes, never again i order from these niggers.

>>19817767
>>19817813
>tfw ugly 5'7 KHV manlet
you don't know how lucky you have it

Would you guys prefer :
>$20/oz coins (gubment minted)
>$19/oz bars (in 100oz bar)
if you had 10 grand to spend on silver? And why?

>>19818236

First option.

>>19817925
Massive influx of supply
Extreme innovations in mining processes lowers production costs considerably
Silver gets replaced for some new industrial metal and demand crashes
US gov refuses to give up control of money system, even after it crashes (not accepting USD becomes a criminal offense)

Just off the top of my head, how likely any of these are is debatable but there is always something

>>19818260
You didn't justify your choice anon.

>>19818287

I posted a picture for justification.

>>19818304
oh i get it.
What would be the price difference per oz between coins and bars for you to consider going for bars instead of coins? $2? More?

>>19818260
why are his testicles on his chest

>>19818236
>>19818357
bump, it's important, please answer frens.

Allegedly some one found Forrest fenns hidden treasure, a while back /pol had connected this treasure to the zodiac killer, saying that the hidden treasure was a lure to trap potential murder victims. Why do you think they pulled the treasure out?

>>19818236
4/5ths in 100 oz bars, 1/5 in coins, because the bars are more bang for your buck but you'll want to he able to have coins on hand as need be.

>>19818236
coins because easier to sell

>>19817900

Once you get to negative real yields, and 26 trillion in debt, things completely change. Imagine a general throwing hordes of soldiers against an enemy's walls. If you saw that nine tenths of his army was destroyed by the defenders, and that only one tenth remained, would it make sense to suppose that he could keep attacking indefinitely?

Notice the Fed Funds rate going down at the bursting of every bubble. It's the end. They're done. What foreign investor is going to buy bonds now? The debt will soon be completely monetized.

>>19818492

I should also add to this, when has the real economy ever been worse? When was it so poorly reflected by the stock market? Again, when did we ever have 40% real unemployment? The government isn't going to let people die on the streets. They will pour helicopter money on them, and, unlike 2008, enormous consumer price inflation will take place.

>>19818410
Why, what's up? Getting antsy or buying the dip?

Fuck I wish I had enough money to properly diversify and manage a portfolio

>>19817767
nice anon

>>19818236
coins. easier to flip coins than a bar

>>19817395

>>19816169
Why are pie holes more expensive than bleached assholes?

Schiff you nigger I know you lurk everyday. Start posting. your name was said three times consecutively and once by a somewhat handsome sperg!

>>19818527
>The government isn't going to let people die on the streets
wanna bet?

>>19818781
Schiff poster was gone for a while now. Also thanks

>>19818121
gotta stack those dimes man. I'm 5'8 btw

>>19818280
>coomer coin.

Autists truly are high T.

Thanks for giving me some stuff to think about. In regards to silver, do you really think it would crash? Even if not used as an industrial metal, I always thought that it would function as a "poor man's gold" since silver does have a memetic legacy.

I've been meaning to look into how countries handle how PMs mining works too, seeing as how this fiat game is about to get crazy. Good a time as any to learn about how it's produced too.

>>19817669

Whacu say nigga?

>>19818876

It won't happen. Not until hyperinflation and the inevitable collapse. It would be politically impossible to allow people to starve while the government is known to be printing tens of trillions to prop up the stock market. People would start assassinating bankers, senators, and congressmen.

>>19819043
there won't be a collapse, this is what the 3rd currency the US has let collapse so far. just just make a new currency, and honestly I would assume it'll be backed by something like PM's. obviously you'll never be able to redeem it, but atleast it keeps the govt from printing to much money. until congress decides to play with the currency

Hey frog, someone's looking for you in mmg

>>19818280
>"E. Plurubus Unum"
>not "Cunnilingus Om Nom Nom"
cucks. they literally had one job

>>19819082

The U. S. can only make a new currency by defaulting. Its bonds would become as poisonous as those of Argentina. Interest-rates would soar. As America funds itself by borrowing money, social programmes and public services would collapse, and the military would dwindle away. It would go into immense poverty, because it is a nation of consumers, and has little real wealth. The manufacturing has all gone abroad. America lives by devouring the world's goods in exchange for worthless paper dollars, which were forced upon humanity by brutality and fraud. Once the dollar goes to zero, America is nothing. What is worse, its destruction will be blamed on capitalism rather than socialism, so that all efforts to rebuild will be futile.

>>19819166
>citation needed
sure bud go back to drinking that college koolaid
last I checked the US still has the highest GDP per capita of any major nation

>>19819199
> source: dude, trust me

>>19819199

I leave to it to others to decide which of us has made the better argument.

>>19818430
No one is going to address this? Pan man where you at?

>>19819220
>>19819255
show me a country with more then 10 million people above the US
https://en.wikipedia.org/wiki/List_of_countries_by_GDP_%28PPP%29_per_capita
pro tip you can't, because we're still awesome bitches

>>19819296

GDP means nothing when you get it by printing money and going into debt.

https://www.bloomberg.com/graphics/2020-debt-and-deficit-projections-hit-records/

America funds itself by borrowing money. It is so heavily indebted that it can only do so if yields on bonds are minuscule. If yields go above even a couple of %, stocks, which are in an unprecedented bubble, will crash, (see late 2018,) and the budget will become unserviceable. America has two choices only. Default now, and completely collapse, or print tens of trillions to force down yields for a little longer, reach hyperinflation, and then collapse.

/pmg/ do you know those cheap plastic sleeves silver coins come in when you buy from a dealer? Is it a better investment to get the plastic coin holders for 1 oz silver rounds or is leaving them in the plastic sleeves good enough?

>>19819423
>thinks only debt matters, doesn't understand if the US defaults tomorrow, the only thing that changes is people demand money up front
you do realize countries have done this sort of thing all throughout history right? maybe in another 50 yrs with a slow decline I could see us getting to that point. but we're still high on our ivory tower...

>>19819533
so those cheap stiff plastic flips are just fine, now if you get enough to store in rolls I would suggest it just for space and convenience

>>19815720
That's why I buy from a local dealer.

>>19816495
Fake, those fukers ain't got shit.

>>19819570

The stock market and housing bubbles would deflate, causing losses of up to 90%; pensions would be wiped out; all social programmes would be cut; the price of good and services would soar, because there would no longer be a strong dollar to buy them with; the dollar would plummet in value; unemployment would be lasting and horrific; and capitalism, instead of socialist central banking, would take the blame for it all, leading, possibly, to decades of misery under socialism.

>>19817238
Nah, it's because printers go brrrrrr.

So is it a good time to buy gold?

How much gold do you anons consider to be a lot of gold for someone to have?

>>19819570

In case of a default, the stock market and housing bubbles would deflate, causing losses of up to 90%; pensions would be wiped out; all social programmes would be cut; the price of goods and services would soar, because there would no longer be a strong dollar to buy them with; the dollar would plummet in value; unemployment would be lasting and horrific; and capitalism, instead of socialist central banking, would take the blame for it all, leading, possibly, to decades of misery under socialism. This is America's fate if it defaults. If it doesn't default, it has, at best, a few years longer before hyperinflation takes hold, and has to default anyway. Because, by this point, only tens of trillions per annum can keep yields sufficiently down for the system to function. They have tapered liquidity to $1.5 trillion per annum, and stocks are already slipping into a crash. It isn't enough.

>>19819711
the sales are just starting, i'd wait another week and find a good deal...

>>19819718
For 40% of Americas, 1 oz is a lot.

>>19819718
August.

Lets say you have $10,000 in various stocks, calls, puts, etc Some in miners, others in tech, and so on. Then the world economy tanks and there is catastrophic upheaval in the system and we go back to a gold standard, or gold back type of currency.

What happens to all your stocks? While most would tank, the miners would go up so what then?

>>19819764
Some will go to zero most will drop in price/value to almost zero.

>>19819757
What?

>>19819791
nope august is now a definition of weight...

>>19819718
A lot for my own circumstances would be like 10oz, a lot by the standards of wealth in the world at least 100oz.

>>19819810
Gold will drop in August and rebound in November. Lots of loan defaults coming end of July. People will be selling paper gold to pay bills.

>have $700
>want to pre order PS5
>but want metals instead

Ill let you guys decide what I get. I like those 10 oz scottsdale stackers or ASE's but scotts have horrid shipping delays of 30 days or so and ASEs have terrible premiums.

Anyway tell me what to add to my stack instead of a goy station 5

>>19819839
Wont the same happen to silver?

>>19819841
A PS5? We're headed into a depression fool. Buy wealth.

>>19819839

I will be buying heavily if true.

>>19819813
for me roughly what 1 million dollars would buy you today....
so 1600oz silver or 330oz gold. should be a make it stake when it moons
>>19819841
depends, are you content with playing games on what ever you play games on. or will you just end up spending more money on other stupid shit over time.
i'd say wait on preordering, unless its coming out in a couple weeks.( I have no clue lol)

>>19819853
Probably so.

>>19819892
>>19819874
I think holidays sometime, between october to decemeber like last generations.

Buy yeah it was just a separate 700 fund to buy it and some games but I dont want to, I use PC mostly anyway but its still 700 dollars I have but I want you guys to pick what metals I buy.

>>19819930
buy a kilo of silver off of JM bullion. once you hold it, you'll be in love

>>19819930
A roll of ASEs would be a good buy. Use the rest of your money for a few more. I'd try to find a good local bullion dealer. I get really good deals locally, far better than APMEX and such.

>>19819930
wait for a sale, these were the best govt silver I could find. and 21/oz just seems like to much right now
https://monumentmetals.com/10-oz-royal-mint-britannia-silver-bar.html?utm_source=findbullionprices.com

>>19820043
$21 an ounce is cheap in my opinion.

lads...i'm really tempted...

>>19820070

show the other side, pussy

>>19819947
>>19820010
I think my post came off as me buying my first silver, so just in case let me say I have a bunch I just wanted you guys to pick my next purchase since I cant decide.

I dig the kilo bar, I dont have any. I do like eagles a lot though but most of my stack is that.

>>19820043
Someone was sperging out a while ago about philharmonics and britannias being the worst coins. The smooth edge of the philharmonics was a good point but I forgot what it was with the britannias.

21/oz isnt bad. Unfortunately monument makes me pay tax now when a couple months ago my order with them didnt charge me any.

>>19820070
The feel in your hand will be making you say "my precious."

>>19820070
Do you live in the uk?

>>19820091
yep, would only buy this because it's tax exempt

>>19820064
considering I spent 23+ for some silver eagles, yeah 21 aint bad. I still think we could see a sale in the next week or 2 for 20oz or high 19's
>>19820079
yeah the coins aren't anything to write home about, but I like those 10oz bars, most are so dull and those have a big shiny picture on em lol

>>19820101
Then buy it. I am a big proponent of buying your countries coins.

>>19820079
I like ASEs because they are hard to counterfeit and are easy to move if you need to sell.

>>19820118
Doesnt wish or alibaba have a fuck ton of fake eagles?

>>19819930
Provident has 2020 ASE's for <$23/ea. Dont buy a ps5 lmao.

>>19820110
Don't rush let the price come to you.

>>19820134
oh easily, china has been making good fakes for a decade now. I even heard about some .99 silver fakes out of china, but I think those are far more rare

>>19820134
I don't buy online, only in person through a reputable local bullion dealer. It's possible they sell fakes but hard to fool if you buy in person. Weight and size plus quality of strike matter.

>>19819892
That's so much metal tho, storing it sounds like a nightmare. I feel like 100oz gold gets you through any real trouble and if you can afford 100oz gold you probably have other assets.

>>19820254
100 oz gold is out of reach for 99% of the world population.

>>19820079
>21/oz isnt bad
Good to know... I ran the numbers and my stash came out to 21.44/oz, and that's buying from a local metals dealership charging 26 bucks a pop for silver eagles.

>>19819841
Ended up with Sunshine Mint on my last order of these. I think it was worth it.

>>19819841
Forgot link, my bad.

https://www.apmex.com/product/21/10-oz-silver-bar-secondary-market

>>19820268
Oh it absolutely is. But the tripfag asked what I thought a lot of metal is. I think I could have acoomulated 10oz if I didnt piss away my my money on dumb shit.

>>19820277
I bought a roll at $25 per oz and silver popped up to $49 the next day or so. Almost doubled my money. You never know if buying a little higher is a bad thing ir not.

>>19818430
>>19819269
Sometimes, a schizo is really just a shizo

>>19820304
>https://www.apmex.com/product/21/10-oz-silver-bar-secondary-market
You can get ASEs on provident for $23/ea, brittanias on goldeaglecoin for <$21/ea, cyberpunk Asahi coins for ~20.50/ea on JMbullion, and buffalo rounds for ~$20/ea on silverDOTcom

>>19820328
10 oz isn't bad at all, it might buy a modest house in the near future.

>>19820351
These prices in a year or two might look like giveaways.

>>19815566
>buy $10 fv of mercs from monument
>playing with them and imagining all the future blowjobs
>one of them is a roosevelt

I know it's not a huge deal and they even retail the same but part of me wants to raise a stink. I ordered 100 mercs, they should fucking send me 100 mercs.

What do you guys think of Rick Rule? Trustworthy, or conman?

any britbongs here? what website do you use to buy your gold?

>>19820277
anon in couple years you can sell it for double, but who wants to pay more then the have to, I mean every dollar per ounce I save is more silver I get to stack

>>19819269
I am so mad that Forest Fenns treasure was found but no I dont think theres a link to the treasure and zodiac killer. The people that died werent really prepared for the terrain they were entering, one dude I remember reading was planning a winter trip with only bear basic kit. Its similar to the Slumach story, its not a curse that kills you its the terrain.

>>19820420
I recognize the name but no idea if reputable. I'm a big fan of George Gammon.

>>19820338
I really just needed to get a foothold in physical metal in general desu. I brought my overall price down by buying 100 oz bars, which had less of a dealership tax on them. My goal was 20 even, but ~21.50 ain't bad.

>>19819721
>collapse is blamed on capitalism instead of 50 years of corporate socialism

This is my biggest fear. We can hope that the commies are so inept that people quickly grow tired of them, which is already happening. We just have to preserve our wealth and health until the pendulum swings the other way.

>>19820407
I agree anon, send a nicely worded email with your order # saying that should check their products before they ship them out...

>>19820407
Probably an honest mistake, they'll make it right if they want your business in the future.

Where do you buy your gold in UK?

https://www.cnbc.com/2020/06/19/goldman-hikes-gold-price-forecast-on-debasement-fears-and-a-weaker-dollar.html

Here's my September Gold call spread. Say something nice about it! Bonus: How mispriced do you think the distribution of returns is relative to the max and min returns?

>>19820351
Good stuff. Thanks.

>>19815566
hungry time for sandwich snacku

>>19820712
Imagine thinking gold will stop at $2000 with all the unlimited money printing.

>>19820843
I need to guess where it will be in September when the option expires.

>>19820842

nice lunchbox

>>19820456
Yea I know, I was hoping to make it with crypto and be able to at least go try and look for it one day.. ah well.

>>19815875
bill gate's poop sessions are worth more than that and all of /biz/ put together

>>19820874
>>19820842

lol why did you delete it?

Who has mercs that dont look like absolute grounded down shit for stupid high prices? Im not asking for a roll of BU mercs for $70 but I dont want cull looking coins for over 100 either

Anyway about merc dimes, maybe its a dumb question but do the really circulated worn looking coins have the same silver weight compared to the BU mercs? Both rolls are listed with same silver weight.

>>19820842
I want to see your sandwich

>>19820420
He is next-level OG investor in the metal space IMO. Love his interviews with SBTV

>>19821258
Slicks will have less weight for obvious reason I would like to think. If you’re wanting cheaper mercs check eBay and local. I picked up 5 rolls for 70$ a roll on eBay and I found a few people selling mercs locally for 16xface.

>>19821298
Which seller? I just checked ebay and it gave me over 30,000 results. My LCS is kinda far so I dont go often.

Why do people bother with physical gold? Sounds pretty inconvenient and stupid to me unless you think society is literally going to collapse, in which case I hope you are in a militia too.

>>19821258
https://monumentmetals.com/tube-of-90-silver-mercury-dimes-5-face-value.html

>>19821478
Monument randomly charges me tax, ill see how it goes, thanks for the link.

>>19821383
>complete societal collapse or completely normal markets
Did you know it could be somewhere in between?

>>19819841
The us mint buys blanks from sunshine, just buy sunshine rounds instead of a bar, bars are for retards

>>19819892
I'm gunna make it!!!!

>>19821737
> he doesn't have bars and coins

you'll never make it

>>19821266
He doesn't think there will be a replacement of fiat ever, at least in his lifetime. Is he right? If he is, then stacking beyond 5% is ludicrous and a waste of money.

Monument metals has good deal on kilo bars rn. $681/kilo.
i ordered one.
these were around $750/kilo almost everywhere not that long ago.
seems the prices are coming down recently. whats happening?

>>19821581
why do you need a physical coin then?

I bought bars when I was a retard, and also coins. But I've just been buying rounds lately because silver is silver yo. High tech future here we come!

>>19821792
Fugg
>>19821849

>>19821383
In times of panic when people are trying to buy PM there can be shipping delays of months
There are enough schizos that THINK society could collapse (or at the very least our shipping infrastructure could be compromised)

The spot price is determined by futures contracts, but when TSHTF people pay way over the spot to quickly secure some physical gold or silver

This isn't even to mention the possibility that governments are using investment banks to pin spot prices so they can stock up for a serious global recession.

>>19821835
SilverGoldBull has a kilo RCM bar for $656

Miners? Especially silver jr minorZ

>>19821918
Dolly Varden Silver comes to mind, they just got investment from Sprott, but they have yet to really produce anything. They have some very interesting territory to look at but modern exploration work has to happen first. Also look at the various companies exploring near the PureGold Red Lake Project in the Ring of Fire.

>>19821892
thanks anon
but looks like that price is btc or wire
but unfortunately im only set up for pp or cc, which makes it same price as monument using cc or pp

Can someone explain this nonsense? A kilo coin is double the price per ounce?

>>19822011
i like those germania designs but the prices are a ripoff
its amateurish looking artwork at best

>>19822011
If you want stupid shit that's more laborious to make and only going to be bought by people flexing their wealth, you're paying extra.

>>19822011
It takes a bigger machine to mint the coins upping the cost per oz to mint, and they probably dont mint a lot of the larger ones upping the cost per oz to mint. And they probably don't sell a lot of the upping the cost per oz to store

>>19822011
a kilo coin would just be bulky... I doubt very many people buy those, even at a decent price
>>19821976
anon why not use ACH, its usually just as cheap and pretty easy, just slow

>>19821952
When conducting due diligence regarding miners what should I look for? You mention they just acquired land? Or a contract?

What do I wanna be analyzing pan man? I’ve stuck to physical so far, so any tips would be great

>>19822067
>why not use ACH
i tried setting it up once for another vendor and it repeatedly refused to accept i tried it six damn times. some kind of conflict it wouldn't accept my address info. or some stupid crap. so i got angry and swore i would never fuck with it again
i'm paying a premium for being retarded

>>19822143
understandable, I mean I think it would be worth revisiting. but sometimes its just not worth the stress

>>19822071
look at their news reports, your wanting the company your investing in to be actively exploring with their capital. Drilling, trenching, magnetic scanning, basically doing something with the money they are given. Also look at their drill results if they have any. They will constantly be reporting their best finds, including new deposits or anomalies they didnt know about.
If a company is only discussing plans, or only talking up their claims without showing anything for it, than their probably crap and you should move on. Look for shoddy management,a constantly changing corporate structure is not a great sign. Working as a geo or field assistant for a company that is constantly hiring new management is horrible and gets the project no where.
Dolly Varden get got a major cash injection for their main project from Eric Sprott, one of the foremost investors in the junior mining world. Hes usually pretty good when it comes to finding good companies to work with.

>>19821835
It looks like premiums are coming back down. Could just be supply/demand.

>>19822241
<3

>>19820486
>that pic
Based caveman of a particular human type

>>19820486
>Behind every Fascist state is a failed (Socialist) revolution
I sincerely doubt Socialism could take root deep enough to last more than a year or two in America. We are almost guaranteed to get a Fascist state out of this if we wait it out and play our cards right.

>>19822542
Fascism is not nationalism.

>>19822581
Okay?

>>19822143
>>19822215
My bank wants 25 per wire but the fee for ACH was free after I pay the initial fee for the first 10 ACH I use I think. So i wait for bulk orders for wire or go to small sites that dont have high minimums for wires

>>19822625
Good luck living in a kangz kingdom.

Guys, if we get another round of trump bux, do I put them in more physical metal, or put it towards finally getting into stocks?

And if go for stocks, I know that everyone here is all about miners, but I kinda wanna go in on private prison companies, even will all the downturns in the real economy GEO is still paying 16% dividends

>>19822934
Metal my man, fuck stocks
Imagine investing a single cent into this insane overleveraged fiat currency digital """""market"""""
Fuck

>>19822542
Nah, we are just going to go back to making money and not giving a fuck after the stupid virus lockdowns

>>19821835
premiums are being lowered not really spot price

>>19821842
It only takes a slight panic for everyone with paper gold to redeem into physical, only to realize that there aren't enough physical to fulfill.

>>19823094
but its worse then that, since you can only demand physical gold in certain amounts so unless you have 100oz worth of paper gold, you'd have to sell your paper gold and buy physical, which would be horrible since that's what everyone would do, so the premiums would be extreme

>>19820079
Here's my experience with Britannias: They are very shiny and design is okay. Some people don't like it because it's really shiny/glossy looking (some don't like that aesthetic). Also, the coin design and the way its stored in capsules make chipping at the edges of the coin and scratches on the coin very common. Every other coin has a noticeable chip and all of them have tiny scratches on the Queen's face.

Other people reported this as well.

>>19822934
Stocks are almost all extremely overvalued. Even with money flooding into the system, it's not smart to buy stocks with a P/E of 500

>>19822906
I'm not excited about it, but it's a little late now to change our fate.
>>19823025
that seems highly unlikely. I wish I had your optimism.

>>19819025
he literally got more action in this single pic than I've had throughout my whole life

2021 ASE new design candidates: https://www.usmint.gov/news/ccac-meetings/american-eagle-proof-and-bullion-silver-coin-reverse

They ALL suck balls.

>>19818774
There's no teeth in an asshole chuck

Any day now

>>19823511
https://mintid.com/
Maybe, then this becomes law.

>>19823424
This one isn't that bad

>>19823424
This one kind of calls back to the original reverse of the walking liberty half.

>>19823424
>>19823567
>>19823672
The only acceptable on is pic related

>>19823703
>>19823672
>>19823567
>>19823424
Or this one because the rest look like some 8th grade middle school arts student drew it with a pencil

>>19821383
>unless you think society is literally going to collapse
Why do every single normie believe that? It's what keep repeating the kikes on the talmudvision?
Why would you think it ask the society to go madmax for gold to soar?

Gold was $260/oz in 2002. It's now $1750. It's a +670% return. Did you see any madmax scenario pan out in the meantime?

>>19821835
>whats happening?
banks are flooding the comex with silver/gold ETFs like never before.

>>19823703
Pretty good, but the Eagle looks a tad weird bare-chested. I could probably get used to it, though.

Are these ducats really worth the investment? It only has .1106 Troy oz according to websites and i don't know the ratio % of it. Are they worth getting a couple?

>>19823716
That one would look good on a medal or on a proof coin, but might look a bit tacky on a business strike bullion coin.

>>19815566
>>19815566
damn why didn't you anons tell me ASE's were so detailed? picked up my first one ever today and I'm in love.
I've got a '44 walking liberty half dollar but it's all rubbed to shit, interesting seeing what 70 years can do to a coin

>>19823826
its usually best to save for a whole ounce anon. but if its on sale for about the same price you'd pay per ounce then got for it.

>>19823672
i like this one more myself

>>19823826
They're 98.6% pure gold. Not sure if they're a good buy right now.

>>19822934
100% more metal. had to use my first round to buy a good pistol and a little silver. if we get a next round I'm buying a little silver and some of those sexy gold Ducats with the knight on the back, easily one of my favorite coins

>>19822542

Depends on what you mean by fascism. Nazi Germany, for example, which was a reaction to the Weimar hyperinflation, was the typical welfare-warfare state, and highly admired by Keynes. Government spending was 35 percent of GDP. Wood and iron were rationed, citizens could barely buy pork, and rationing and long lines at supply-depots were commonplace. Citizens were denied the right to own gold.

*

"Hitler suspended the gold standard, embarked on huge public-works programs like autobahns, protected industry from foreign competition, expanded credit, instituted jobs programs, bullied the private sector on prices and production decisions, vastly expanded the military, enforced capital controls, instituted family planning, penalized smoking, brought about national healthcare and unemployment insurance, imposed education standards, and eventually ran huge deficits. The Nazi interventionist program was essential to the regime's rejection of the market economy and its embrace of socialism in one country."

https://mises.org/library/hitlers-economics

"Economist Joan Robinson wrote that, “Hitler had found a cure against unemployment before Keynes finished explaining it.” And indeed, rearmament and nationalized industry put every available German to work. There were so many jobs that the Nazis complained of a labor shortage and brought women in to the workplace, even though they were ideologically opposed to it. Unemployment had been cured. And yet, the people routinely suffered shortages. Civilian wood and iron were rationed. Small businesses, from artisans to carpenters to cobblers, went under. Citizens could barely buy pork, and buying fat to make a luxury like a cake was impossible. Rationing and long lines at the central supply depots the Nazis installed became the norm.

https://mises.org/library/starvation-and-military-keynesianism-lessons-nazi-germany

Keynes himself viewed the Nazi efforts with favor.

https://mises.org/library/nazi-economic-policy

How do you leave precious metals in a will? Like after your dead?

>>19823424
UUh.. where is the new security feature? Any news on that?

>>19823703
nah reminds me too much of the original John Mercanti design

>>19823957
a will fuck that, leave a treasure map and give the kid you like best a head start lol

>>19823999
Nice digits, but that's not secure. I was wondering about the logistics and legality of leaving it upon ones death????

>>19823763
Also gold isn’t inconvenient at all, a tiny 1oz coin can store the same value $1,700 does. That’s incredible efficiency. One relatively small stack of twenty one ounce coins is worth over $30,000, far more than most Americans have in their bank account.

For the more well-heeled, a single, surprisingly small 10kg bar can hold $500,000 of value. This of course represents a theft risk, but there are companies like Bullion vault that can hold it for you, and while there’s a counterparty risk, it’s actually lesser than the risk normies take when they leave their USD money with banks who speculate wildly with it because “lol everyone isn’t going to demand their deposits all at the same time lmao”

>>19824109
You leave precious metals just like any other thing you own. Secure it before death (lock box, etc.) and then leave it in your will how you'd like it divided. If too paranoid for that (me and my dad both are) leave behind notes to family explaining where to find it.

>>19823971
Gotta say, for now at least Maples are the king of bullion coins for this reason.

>>19823889
They're not but i kind of like the coin.

>>19823869
I'll definitely keep that in mind

>>19823564
maybe. but gut a hammer and anonymize your bullion. only the material value counts i.e. gold and silver in oz

bump...

How you guys like the American gold buffalo 1 oz? It actually has the lowest premium right now at my local shop

>>19824920
.9999 pure american gold fren, I like them.

Will premiums be cheaper soon? Thats the big question

>>19825212

If poor people sell their silver and gold back soon, yes.

A single dime I bought arrived in the mail.

>>19824920
i just dont like the design

>>19824920
>>19825517
I love the design

>>19815676
Copypasta anon

>>19825498

why?

>>19825212
PREMIUMS ARE LOWER NOW ALREADY FOR SOME REASON
THERES BEEN SOME ACTION IN SUPPLY OR DEMAND SOMEHOW

What are y'all's thoughts on sterling silver, I perfer the .999 investment stuff, but will sterling silver hold it's own with inflation/collapse?

>>19826244
Of course, old u.s. silver coins are 90 % i don't see why sterling would not be good for trading or whatever.

>>19826244
I’m sure it will. DESU though I find it’s difficult to find the old pre-WW1 British coins at a reasonable price compared to pre-1964 US silver money, I guess it’s rarer because it’s well, older, so there’s been more time for them to be lost melted or otherwise removed from circulation.

You DO have to beware that coinage from the 1920s onwards is essentially all 50% silver or less by weight. There may be some exceptions like a few thuppences and sixpences, so correct me if I’m wrong, but British “silver” from most of the last century does have some silver in it, collectors’ value and I love getting some of them out of personal historical interest and as a hobby, but you cannot stack it for its silver content.

Basically no matter how shiny, unless it has Edward VII, Victoria or one of the earlier monarchs on it it’s probably not sterling silver. And coins that old tend to have a significant premium for their collectors’ value, not a bad thing but not the same as American junk silver that’s usually as cheap or even cheaper than the new coins.

>>19826433
> but while* British “silver” from most of the last century does have some silver in it

>>19825498
Baked

>>19825498
you bought a single dime?

>>19815566
A local jeweler (SEA) is willing to sell me unprocessed gold dust(beads) at 95% of the market price of gold. The catch is it will be hard to sell and I have to rely that he will be around when I have to sell it. It's all tested and legit with bills and vat paid. The minimum quantity is 100gm+

Should I buy?

>>19826513
Forgot to mention it's 24k 99.9% gold

>>19815566
Best way of getting started, is it feasible to buy online regularly right now or is it too inflated?

Where else do people score good prices on silver? Do people ever get lucky from people selling coins at garage sales or something?

>>19826513
>>19826524
why not buy it and smelt it yourself? I live in the Seattle area, is this an open offer? Will he sell to anyone?

>>19826433
It's not coins I'm buying into, it's bars that specifically say sterling silver
>pic of the bar I have

>>19825526
I disagree.
You are scientifically wrong and I will prove it.
Facts: The design is simply unlikable

>>19826717
>bars that specifically say sterling silver
I like this.
where can i get some bars that say Sterling Silver?

>>19823424
YIKES it looks like I'm just gonna have to bite the bullet and load up on the 2020's these designs are trash

>>19826842
>these designs are trash
Agreed.
This statement is Factually true based upon Scientific evidence.

>>19826842
>>19826859
>>19823424
why are ya'll still buying ASE's in the first place? It's Silver, buy whatever looks nice but is cheap. when desperate formerly well to do housewives are begging you, they aren't gonna care what the premium on your silver was or what lady it has on it.

>>19826888
>Silver, buy whatever looks nice but is cheap
>looks nice
>cheap
pick one

>>19826513
>>19826524
I would not buy. Too hard to sell. Unless you want to melt it down.

>>19826717
Ah that’s different.

It’s an interesting idea, I’ve never heard of it before.

What’s the short term price target for gold

>>19823703
This is the best by far imo.
>>19822934
Idk it seems like having some money on the miners isnt a horrible idea but the stock market is really fragile. Everyone is being so greedy because they think it's the opportunity of a lifetime.

>>19826739
The one I got this from Ebay, specifically Mbarrcoins, they have a website too, Mbarrcoins.com

>>19826717
I just bought a bar from the same mint before doing my own research and usually sterling sells for spot price or lower based on what I read. Everyone would just rather deal in .999 but that was when it was in lower demand so who knows.

>>19827185
BOA says 3k eoy
GS says 2k+ eoy

what is the status on housewives?
its the only metric to measure PM

>>19817925
Or everything (coof, inflation, whatever 42 is off his meds about now) is already priced in. Things get marginally better or stay flat and people bail on metal as a hedge.

>>19819841
Buy a gun if you can anon, with lots of ammo as well, if you can't then I suggest going all in on silver

>>19828306
If things get too bad I'll have to source ammo off of dead niggers.

>>19828336
Either you'll win your first gun fight with what you have, and you can get battle field pick ups off the losers, or you'll lose and it won't be a problem anymore.

Kinda comforting in a way.

>>19827790
3-2=1. $1000 EOY

>>19828336
>hoping that they'll carry the same ammo as you
>hoping they'll think ahead and have more ammo than what's already in their 30 rd 'clip'

>>19828797
>he doesnt just fast travel to the merchant and exchange whatever ammo for the ammo he needs
NGMI

>>19828797
Mostly 9s and shit around here, you'd only need a 9, 40, AK, 22, and a couple shotguns to be able to use most of what you come across.

>>19816203
so, you're unemployed?

>>19828474
You know you’re talking about fighting other humans, not AI. It’s not fucking call of duty and your brains will be splattered the minute you go out in the open and pick off the bait bodies. Watch Aleppo Syrian war footage, it will be literally no different. You will be hiding in buildings with no resources and you better hope you end up on the side with more money and more people. There is many different “armies” of militias during a civil war. It’s suicide to choose the wrong side.
By the 2nd night of not being able to sleep, you’ll regret ever even hoping a civil war would come.
>also if you’re thinking of just lone wolfing it, those are the first to die. This isn’t a video game and you won’t be just mowing down chimps on full auto like you think dumbass. More like returning fire on muzzle flares from 1/4 mile away after your best friend just got churned into Swiss cheese

>>19823424
>>19823424
This is my fav. It's the original design with the motto in its beak and the olive and arrows in its talons but in action.
I hated the design of the gold Australian lunar mouse when I first saw it but once I held it in my hand I fell in love. You'll like these designs better than you think.

>>19828336
>>19828797
>hoping you'll have enough time/cover to safely scavenge for ammo
Buy ammo now, anons. You can't have too much. You can always barter with it later.
https://www.youtube.com/watch?v=MjFHqohaHYU

>>19828903
not mentioning 5.56, the AR being the most common platform in use... I dunno if you're GMI

I want you all to make it, so stack ammo if you are able to, anons

>>19825498
is it at least platinum or something? wtf?

>>19828903
>not carrying a Desert Eagle
Why even live

>>19828943
Right now yes, but I'm also a college athlete so a job isn't really a necessity for me rn, im not gonna have to worry about paying off any student loans cause of scholarship so I'm just saving up my money and hustling on the side to get a head start on stacking PMs and building wealth, but sure whatever helps you sleep at night I guess I'm just a homeless bum with only $40 in 1s to my name and no metals or anything at all, if that's what you want to believe go ahead

>>19829137

yes, yes, let the butthurt flow through you

Approaching 300, made a new >>19829117

>>19829137
half the "stackers" on here literally got a little bit of Silver from their dad at Christmas and pretend to have 100's of ounces. Don't let them get to you. Save your money, spend wisely. When I was still in college I didn't have shit. Started stacking when I finished and you'll be surprised by how quickly it adds up. I buy say 4 or 5 ounces a week and I just hit 250. Keep your head up and fuck the haters.

>>19828028
Housewives are still overvalued compared to silver, but have been on an extreme downward trend for the past decade and silver is moving sideways, at this rate even without a moonshot id say silver per oz would be 1:1 in 4 or 5 years conservatively. However if the FED keeps printing at this rate and silver moons, as many are hoping, I can see housewives falling to a 10:1 ratio with silver by end of next year.

>>19829065
>not dual wielding semi auto shotguns

Might as well put on a dress and carry some pepper spray when shtf

>>19819841
Gaming in the current year isn't worth it. Games are too woke.

$700 is about the going rate for a 1 kilo bar of canadian mint silver. Just saying...

Who has a picture of a healthy stack of buffs? IM TRYNNA COOm

>>19820407
>I ordered 100 mercs, they should fucking send me 100 mercs.
Idk Anon, mercenaries are an expensive bunch you might want to take what you can get. Also be sure to pay them or they will turn on you.