/biz/ - Business & Finance

>>15727183
>Posting painted rocks and not the real deal

NEW investment opportunity, Saudi bonds are selling at record high interest rates. INVEST NOW IN SAUDI BONDS so they can kill the P*rsian scum.
Pic related is how rich you will be.

Want to know about the truth with silver and gold? I once pushed silver really damn hard. I loved to buy lots of 90% junk silver for close to spot price. I loved the idea of buying decorative silver rounds and random rare rounds of small mints.
Today, I went out to go see what my local coin shops/bullion stores/jewelry shops would buy it for just for fun. I went out to shops that opened at 9 AM all the way to 1:30. Want to know what all these shops tell me once I asked them what they would give me for my silver? "Sorry man, I got thousands upon thousands of rounds of silver. I don't need anymore". "Junk silver? Sure I'll give you $11 per ounce in that stuff." "Silver? Well all I buy is silver eagles. Everything else I'll do $3 under spot for each ounce."
The last shop I went to told me "Hah, welcome welcome! Hey, the economy is very wobbly, be sure to stack some silver because we got lots of it! It's what I invest in!"
I asked the man, "got any gold?" He said "gold!? Not really, that stuff flies off the shelves and you really don't want to buy any of that. It's overpriced. Take a look at some of these silver bars over here. They are killer cheap."

My consensus? Silver is highly abundant, not anywhere close as loved as gold, and when it comes time to sell your silver, good fucking luck getting a decent price for it. I then asked what people would buy for my gold. Their reaction? "oh yes bring it on in, we will check it out and give you the best price for it!"

Silver is beyond abundant. It is shilled more than it should be. It is a product of mining gold and just won't ever get the respect gold has.