/biz/ - Business & Finance

PM's are NOT an investment but a store of wealth and protection against market instability.

>>27598962
Yes.

>>27598962
Depends what you kind of investment. PMs don't lose value over time, but you are also not going to get rich by it.

Are you living in the 1800s?

>>27598962
It's prudent. The dent loads in the economy are claims on wealth. Owning things in your hand will be a very good idea in the coming decade as things break down. You will be nailing your furniture to the floor when everyone starts trying to own things and not liabilities.

>>27598962
Yes 100%. Not larping. Not being ironic. Not being le ebil nazi. Gold and silver is real money. Every commodity works the price of gold into their pricing algorithm some way or another. Straining supply exposes the manipulation.

This is our opportunity to seize control of our destinies. Buying and holding physical en masse will strain the supply. SLV is traded to suppress the price of physical. 60% of physical mined each year goes to Big Tech and Green Energy for consumption. Drive price up, drain supply, and these companies will start buying up in bulk to back up their production for a few years at a time, and to lock in a cheaper price. More companies follow suit. Comex defaults. Re-evaluation of silver. Gold follows silver. All other commodities follow Gold.

And we all hold physical. The Great Reset, but on OUR terms!

>>27599084
P.S I'm conservatively bullish on PM's

>>27598962
Good store of value, and I think even a great investment with the financial shit shows that are due shortly

>>27599314
>55gr
ngmi

It’s a fucking scam. When you finally make it
>multi millions
Buy gold and only gold. Silver is such bullshit. You pay a premium for physical, If for whatever reason you need to unload, they pay you spot. Gold is much better as there is basically no premium.

Just fucking buy chainlink.

>>27600150
>Gold is much better as there is basically no premium.

Where you buying from? Premiums on gold are the norm. As you say silver has tax on top of premiums so you're 20% down as soon as you buy it.

its always good to own some gold and silver as a store of value. also in historical sense precious metals are quite cheap compared to the printed currency supply, also in many aspects as well. Never buy paper gold or silver... always go physical. the rule is: if you cant touch it, you don't actually own it. also clean energies require industrial use of silver. like solar panels and tesla's cars has some silver in their batteries.... so there is real industrial demand on physical silver as well.

>>27600150
So silver is a no no?

>>27599832
>not an investment
>I’m bullish
Pick one you absolute retard

>>27600482
It is not taxed in Germany if you buy coins

>>27600699
An investment is defined as for profit. PM's aren't gonna give you any substantial ROI. Now fuck off nigger lover.

>>27599820
i'm a tranny, does this mean i should buy silver over gold because it's more feminine?

>>27600994
Keep in mind this pertains to our current economic system of suppressed PM spot prices. If there's a big crash PM's will shoot up in price relative to stocks and inflation.

>>27598962

Essential listening for newcomers to silver:

https://www.tfmetalsreport.com/podcast/10668/silver-squeeze-primer

https://youtu.be/e3sJmET13Lg

And one article

https://renaissancemen.org/2021/02/02/why-the-silver-longs-and-eric-sprott-can-defeat-the-silver-shorts-an-education-in-4d-chess/

>>27599820

>The Great Reset, but on OUR terms!

"The Silver Bullet."

>>27600872
I'm in the UK unfortunately, unless I can import them.

>>27601123
Sure, if that's how you want to look at it.

>>27601347
I like it.

>>27601234
>>27601347
Absolutely and unequivocally based.

>>27601234
How should the going rate for physical PM be calculated?

The cheapest you can find 1ozt? 5ozt? 10ozt? usdebtclock.org?

Friends,


I know how we can turn the reddit generation back into Silver Surfers

We do it using Narwhals. We tap into the Reddit-Brain of Antiquity.

Narwhals, they are Jedi of the Sea

>>27602395
Fund it.
But not with my stack.

>>27598962
If the banks crash. what do you have right in front of you for money? because that 40k bitcoin aint buying you shit.

>>27602310
Generally once you hit 100g quantities you're paying about £1 on the gram in the UK. Where it's fluctuating between 0.58 and 0.69, you should still expect to pay another 25-33% on the gram. In the US just convert the currency over. The higher the quantity you closer to spot price you pay, but these fuckers lump a premium and in the UK you have VAT too.

Only feasible way to buy silver for closest to spot price possible is to take a gamble on some ebay auctions. A couple days ago I saw a 1oz Perth Mint Bar sell for £536 which is fucking £17 on the gram as opposed to the £43 which is where it stands currently. I was shouting at myself for a few minutes having missed that, but you snooze you lose...

>>27602690

I will maketh some memes

We need to let them know it's not about a Short Squeeze for a quick buck

It's about revealing the True price of silver which has been suppressed, now that we are on the verge of an entire industry changing the way we live (Green Economy) depending on Silver.

>>27598962
Gold is fundamentally very undervalued. I don't know about Silver.

>>27602971
100%
Make it so.

>>27603129

My friend, it's silver which has billions of short stocks

>>27600150
Where the fuck are you buying gold without a premium?

>>27603369
That's a technical issue not a fundamental one. Might work but probably won't because there is too much leverage and volume in futures to ever work from a bunch of faggots with 400 dollar accounts on a smartphone app

no, buy crypto. the era of physical wealth is over

people are only meming silver to fuck jew elites suppressing it with shorts

>>27602971
No shut up the prices must stay low so we can still accumulate. We should FUD r*ddit and we should say silver is worthless for all purposes and that r*ddit should invest in lead instead, not guns that's useful but i mean actual elemental lead Pb. That way they can hold their actual bags of lead while we go to the silver moon. More for us, less for them as it should be. It is not enough that we should succeed, they should also fail.

>>27603549


Anon, it is destined to work. Written in the silver stars. We stand on the precipice of a New Order and Green Economy, the entirety of which, depends on Silver.

>>27599820
Based

>>27603671


Dishonesty is not how we reach the stars.

JP Morgan are the dishonest ones.

We are the truth tellers, the silver dragons, the string of stars to which the pyramids loft ever increases.

We are the Great Reset.

>>27598962

Yes, but it's a long term investment and a hedge against inflation. Silver is not going to behave like GME and make you rich overnight. Buy a little silver and if it makes you feel good to hold it in your hands, make a habit of it. Pick up a few ounces every payday. Keep it somewhere safe. Long term it's historically been a very safe bet with decent growth.

>>27600482

I don't pay tax on silver because I buy currency.

>>27600150

You don't have to sell it back to the bullion dealer, dipshit. You can sell it privately. But you're not really supposed to be unloading it every three months.

>>27603129
>he thinks gold is undervalued but not silver
are you retarded or just a shill

I highly recommend you all take your stacks out sailing with you one of these days. Nothing like enjoying the open waters with your stack by your side!

>>27599314
I reload because I’m not a faggot. Also, you can store both ammo and PMs you complete midwit

>>27602395
Implying anyone should give a fuck about redditors. A financial collapse is on the horizon, no need to tap into redditors to accelerate it. Besides, I don’t want them having any wealth/power when the collapse occurs.

Nickels

>>27598962
Silver is the poor mans gold.

>>27598962
If you live in a country with high rates of inflation like me, it is.

>>27604166
Tell me why instead of being a retarded cunt

>>27605180
nice meme. it's not reality. smart rich people buy both.

It's a hedge...totally different from investment. Better than green paper with serial numbers on it, tho
https://www.youtube.com/watch?v=L4xKrVxYDus

>>27605554

You give off evil vibes

BREAK THE COMEX. TAKE PHYSICAL DELIVERY. #SILVERSQUEEZE
https://www.youtube.com/watch?v=F66nR9xJsW0

>>27605554

Look it up bro. The historical gold to silver ratio is way out of whack now. It's kept artificially low by big players like JPMorgan printing boatloads of "paper silver," or instruments that can theoretically exchanged for physical silver. There is more paper silver than real silver available on the earth by a ratio of something like 180:1.

>>27599111
perth master race

>>27599820
What part of "You'll own nothing" do you not understand? You have piles of gold and silver, and they have an army of men with guns, and phony economic levers to justify making you handing over your gold and silver in exchange for your life. If you don't think they'll change the rules mid-game to simply take your physical wealth by force then the last few days flew right over your head. You're expecting a fair trade based real value from literal robber barons.

>>27607002

>>27599820
Post the original

>>27603436
>without a premium
kek. leave the paper mentality behind.

>>27598962
Yes, become your own bank.

It's nice to have like 0.5% to 1% of your portfolio in precious metals. This is called inflation hedging. Any more than that is a meme and a total waste.

>>27609302


Tell that to JP Morgan

he-he-he

>>27598962
Silver is on average 14% per year, compare that to your bank's savings account or even gold. Very clear what to do.
If you're trying to save money, stashing paper is losing it over time. For long term storage of wealth (over your lifetime) the best thing is silver.

I have a hard time pulling the trigger on PM's when you have to pay way over spot + sales tax.

>>27610487

>Beans
>Bullets
>Bandages
>Bullion
>Brawn

>>27610705
Take your meds

>>27606882
I know all about the ratio but wouldn't the recent industrial applications of both commodities change the ratio? The only new application for Silver is in solar panels meanwhile gold is used in semiconductors

as much as I hate reddit we should join forces with these retards:
https://www.reddit.com/r/Wallstreetsilver/

>>27611016


Yes sir, 5 silver pills it is

>>27599084
this. good to have a % of total equity stored.
You can make money in the long run, or in cycles like with other rare metals. But its primary purpose is to stave off inflation/instability

>>27598962
No, the purpose of precious metals is to secure your money earned from investments from the perils of inflation.

>>27599179
>but you are also not going to get rich by it.

>>27599314
with silver and gold i can hire body guards

>>27611024
12% of gold supply goes to industrial uses, compared to 56% of silver.
Silver is the most electronically conducive, thermally conductive, and reflective metal.

>>27611256
reddit is thoroughly infiltrated with glowniggers and hedgies, with the rest populated by useful idiots.

It’s the safest fucking investment you will ever make.

>>27603567
Crypto is a meme to slow the rush out of equities that's coming into gold regardless eventually.

>>27599314
Always one retarded kikenigger posting about "HURRDURR AMMO"

>>27612800
>*gets executed and looted by his own bodyguards*
psst nothing personell kid

>>27613240
Exactly this:
>gold for the speculative jew
>silver for the creative goy