/biz/ - Business & Finance

>>25003221
Non-meme responses aside; what would be the protections for PMs, should Fedcoin become a thing? Could they really just fuck over the entire market like that, or is there something in place against it?

Hardmode: Don't forget how long fiat's been chugging along with no technical value, you can't just say ''normalfaggots will one day wake up'', because the evidence we have is that they're quite happy to delude themselves into playing with monopolymoney, as long as the delusion lasts forever.

>>18608018
>almost x2 above CAD spot
I'd pass on that dude, even if it was highly collectible, a 2020 coin at that price is a hard sell, especially given it being a relatively small mint. Unless there's a huge market for golden mongolian eagles I'm not aware of, it seems a bit too steep.

>>18608153
>hold for 2-5 years
Nah dude, short the crash once Silver peaks, then buy up some more Silver for a hold (ideally Gold, but I can understand stuff like diversification, being new to the market or not having much to spend). The Koalas were a decent call though, they're one of the most cost efficient value-for-spot coins out there, nice one.
As for >>18608227 I'd pass, Morgans aren't pure Silver but a 90/10 Silver/Copper split. If you can find a good price for them right now (given the crash, there might be some useful idiots on eBay) then get them, but my usual advice on scrap/mixed silver is to know what you're doing, have a connection for a sell and buy in fucking major bulk.

>>18609512
>>18609879
To put that into context, the rarest Silver Britannia you can get is the 2014 Mule Britannia (which as a result of a misprint, only resulted in a mint of 17k total with a Lunar New Year horse in the place of the Queen's face). They sell for a shitton above spot (about £500 or $650 for 1oz, and they're only 6 years old). Coronacoins might be slightly more common (in relative terms at least, given most prints are to the tune of 200k-1m at a time on repeat print) but I'd say if they maintain the current popularity they have now (provided they don't get forgotten, another print is made etc), a bit under a Mule is where I'd predict the Coronacoins to rise to once the print is over for the year and scarcity begins to manifest (on the lower side of 'close' to be safe predicton). Who knows, it might moon and become the MUST for any collector, but at the same time I try to be sensible.

>>18610120
> >>18598797

>>18610164
Public interest + being next best thing once Gold crashes