/biz/ - Business & Finance

>>58178683
Expand your time horizon. Silver is not for people with a short attention span.

>>58049171
Post stack, liar.

The case for silver and gold is simple and all of the insults and mocking will not change it. The US government has gone on a spending spree that makes drunken sailors look like monks. This on top of a negative interest banking orgy that has pumped stocks and real estate into an unprecedented bubble. The Fed is trying to reign in the credit money flood, but the escalation of government borrowing will not allow it. As higher interest rates drive a deepening recession, the government will dump more fresh money into the economy with declining tax revenues and foreign lending requiring ever more monetization of the growing debt. The moment when interest on the debt alone exceeds all revenue is approaching at an accelerating pace. The monetary system is spinning wildly out of control. There is no plan to fix it, no leadership to implement such a plan if there was one, and no political will or national unity to follow it. Greed, corruption, and ignorance are in the cockpit and the door is locked. All of the monetary tricks that have been used to keep the party going have allowed the pressure to build like tectonic plates not allowed to slide against each other. The earthquake is inevitable. The day of economic reckoning is coming. Nobody can say when but no reasonable person can say why it will not come eventually.

Silver and gold are the easiest, safest, most historically reliable way for the average person to build a haven from the coming storm. Don't be distracted by the temporary gains in other parts of the phony economy. Ignore the Sirens on the rocks. Stack on, frens.

>>57584920
Let's see what you have. Maybe I will buy it from you.

>>56354005
Your thinking is short-term. Stacking PMs is long-term. Short-term trading is a pernicious effect of a monetary system based on debt, speculation, and shuffling ever-larger piles of worthless paper around faster and faster rather than accumulation of real wealth and production of quality durable goods. The current debt-based system is unstable and unsustainable. It WILL fail. And when it does, many "traders" will find themselves in a world of hurt.

>>56009027
I want to eat silver. Will it cure my autism?

>>55934680
You asked for an example of a use that requires "tons of gold". I gave you one. And a very likely one, given world history and the current actions of central banks and governments.

Not that I am anti-silver. Pic related

>>55823590
About ten years ago I exchanged two 100oz silver bars for gold at the LCS. Couldn't have been easier. Dude glanced at the bars, gave me spot price, and a discount on the gold because I was doing an exchange.

>>55789432
Yes, getting rid of silver is such a hassle. You need to leave your Mom's basement, ride your bicycle over to the LCS, suck the owner's dick, then sell for 50% under spot. At least that's what I read on the internet. Who would lie about that?

>>55599131
What do you mean by "silver is money"? It isn't used in international trade. It isn't used as a reserve by any government. No official currency is made of silver or backed by silver. So in what way is silver money today?

You could say "silver has been money for most of human history" and I would agree. You could say "silver is on its way to being used as money again" and I would agree that such a thing is very possible in the future. You could say "silver is undervalued and is likely to climb significantly in exchange value in the near future" and I would agree with that also (hence my stack). But to say "silver is money" doesn't make sense to me. Perhaps you could explain?

>>55536001
Fine with me. I'm covered either way. But I honestly doubt it. Trade pressure will drive a unified world currency. And, contrary to the "all powerful elite" fud, the USA is run largely by incompetents. Their success has been purely as opportunists. But in this case they will clutch madly at their dying system while the rest of the world returns to gold. By the time the US government realizes that it must let go of the fiat scam it will be too late for it to shape the new currency and it will have no choice but to join in what is already in motion. And that will be gold. The central banks already know this.

>>55476229
Isn't THAT interesting? Not selling. When the DOD is paying $300 an ounce maybe I will trade them for a Browning .50 cal.

>>55365662
You assume there is no actual physical demand for silver. That is not true. And industrial demand cannot be met with paper. I don't claim to know if or when comex runs dry. But I do know that there is an end to the paper game when real demand meets fake supply..

>>55332783
Don't YOU know why you are stacking silver? Seems an odd question.

I stack silver because I think it will hold value against a collapsing dollar and most other assets are riding on a debt bubble that is likely to burst.

Some folks think, with reason, that the industrial demand for silver, along with a diminishing of supply, will sustain long-term growth in its exchange value.

Some folks think, again with reason, that silver is being manipulated in an unsustainable way and that the result, when the scam unwinds, will be a jump in the fiat price of silver.

Some folks think that silver will be remonetized and that demand will soar along with its exchange value. I am skeptical of this. I think gold is far more likely to be remonetized.

That's it in a nutshell. If you have somewhere better to put fiat dollars, do tell.

>>55241982
Nobody here recommends spending your last penny on stacking. Most would say not to overextend so you aren't in the position of having to sell your PMs. But for those of us who think the global USD-based economy is teetering on the brink of collapse, having spent your disposable income on "hobbies" when you could have accumulated a stash of wealth that will survive while everything else falls apart will seem pretty stupid in hindsight.

>>55206325
The "all-powerful enemy" futility fud. Don't let this kind of bullshit demoralize you. Stack like your grandchildren depend on it.

I guess there aren't enough crypto threads in /biz/ so fuckers need to drag that shit in here. Filter

>>55014642
Nobody can predict silver prices in the short term. But most people here would agree that the day is going to come, and it won't be long, that the bargain silver prices of today will vanish in the rear view mirror never to return. Whatever temporary regret you may feel by watching spot price drop a few dollars now and then over the next few months will be nothing compared to the regret you will feel if you miss the boat entirely. Don't overextend yourself such that you MUST sell to raise cash for necessities. Other than that caveat, I would advise jumping in now.

>>54895753
Cool to the touch. Perfect for holding against the brow made feverish by the interminable shenanigans of the deceitful, avaricious, and stupid. Silver even looks cool, like some kind of super-ice.

Filter fuds early and often

>>54686561
Yup.

Got meat in the freeze,
A girl to squeeze,
Guns to go,
PMs down low.

And comfy frens!

Never Forget Edition

>Why Gold?
https://youtu.be/i3S4rl6ehiI
https://youtu.be/gksenA5Al_A
https://youtu.be/FI7NnOg2rxo

>Bullion dealers
https://jmbullion.com/ (US)
https://libertycoin.com/ (US)
https://goldsilver.be/en/ (BE/EU)
https://www.chards.co.uk/ (UK)
more at: https://pastebin.com/gZfZHtNE

>Constitutional/"junk" silver info
https://www.jmbullion.com/ultimate-guide-to-90-silver-coins/
https://kevinsworkbench.com/junksilverguide/
https://www.coinflation.com/
http://coinapps.com/

>Compare
https://findbullionprices.com/ (US)
https://eu.compare.pm (EU)
https://www.gold.de/aufgeldtabelle/ (DE/EU)

>News
https://silverseek.com/
https://mining.com/

>COMEX vault live graphs
https://silverbacksnakes.io/finance/silver

>Retail Price Index Calculator
https://erikasgrig.com/calculators/rpi-calculator-inflation/

>Central bank holdings
https://www.gold.org/goldhub/data/gold-reserves-by-country

>Numismatic News (featuring international gold & silver coins)
https://numismag.com/en/home-en/

>Ancient coins for sale
https://www.silburycoins.co.uk/

>State Tax Information (US)
https://learn.apmex.com/buying-guide/buying-in-the-usa/

>Prospecting
https://youtu.be/ZCL6FKQZyoM
https://usgs.gov/energy-and-minerals/mineral-resources-program/science
https://gov.bc.ca/assets/gov/farming-natural-resources-and-industry/mineral-exploration-mining/documents/mineral-titles/mt-faqs/faq_fmc.pdf
https://mndm.gov.on.ca/en/mines-and-minerals/mining-act
https://amazon.ca/Gold-Creeks-Ghostowns-British-Columbia/dp/088839988X

>Tests
Nitric acid, magnets and ping test
https://youtu.be/3mg9YcAShTo
https://youtu.be/NgSXg-WOEVY
https://youtu.be/2ymGAyKAg-k
https://fakebullion.com/index.php/resources/fake-bullion-database
https://fakebullion.com/index.php/resources/identifying-fake-bullion

>Relevant information regarding mining companies
https://pastebin.com/5aLmWUUK

Previous Thread: >>53722880

>>53729912
So, based on some sketchy anecdotal evidence that some boomer got swindled, you advocate becoming a spendthrift that throws away the family fortune. Brilliant. I suppose my grandchildren will need some servants to do their bidding. Thanks for volunteering your progeny.

>>53585381
Every scam known to man has an end date when the truth will out. Nothing lasts indefinitely. Usually can't say in advance when exactly. But just as every empire falls and every fiat currency burns up, every con game unravels. Stackers derive patience from knowing the history of gold and silver.