/biz/ - Business & Finance

>>29722415
>>29722492
>>29722599
why would you waste money on the premiums for the 10grams of gold for each bar or whatever it is and not just buy ounces for less premium

>>29545989
>(You

>he doesnt have a britannia

got 4 like a year ago and they were the same premium as any of the generic bars off monument

why isnt The Royal Mint located on the LBMA's good delivery list?

>picrel

>>26360005
>Hope your strategy works out for you anon.

alright here's what happened in the last 6 months for me regarding silver:

>acquire 100oz physical in january and march 2020 for ~13 and ~16 spot price
>simply hold and silver spot is now ~25 / 26 so about doubled my money on those 100oz

>fast-forward to summer
>acquire shares of SLV
>watch SLV slowly crab downwards until mid-december but still hold - end up going -20% on SLV
>suddenly SLV has 3 green days in a row
>DUMP SLV and immediately acquire junior miners with all the money that was in SLV
>Silver rockets upwards from like 22/oz to 27/oz
>miners moon 30-40% and I make back ALL the money and then some i lost when SLV was crabbing
>silver falls from 27 back down to 23
>miners lose about 25-30% erasing the gains but still made back lost money from SLV

>fast forward to today, silver crabs around 25
>miners bleed off

So I used my SLV holding as a gage of when things would turn around. Once thee were 3 green days for SLV in a row, it was a clear uptrend. So this time I think I will hold just 2-3 of my best miners (instead of SLV) and use those as a gage for when Silver will go up again (it tends to jump either up or down). When we have 3 green silver days in a row - I will re-buy back in to the more speculative miners. In the meantime, I will be using my paychecks to acquire physical gold and save alot of cash on the sideline to be used for junior miners once there is another clear gold/silver uptrend. wish me luck faggots

>10oz britania bough in march for 16$ spot

>>24937520
he switched to SPY options which are too expensive for me right now. i'm holding too many stocks and physical to have enough capital to effectively trade SPY options that are like 1300-1600$ for each contract. just a little too high roller for me yet

>>24717822
>his comex and JPM manipilation will not hold.

I disagree. I believe JPM is more powerful thatn all of you, all of the miners, all of the Sprotts, all of the Schiffs, all of the Kitco News - all of you combined are not enough to overpower JPM riggers. if gold prices surge too much that is a clear indicator that something is terribly fucking wrong and they will not allow that to happen as to not to spook the average investor

>>23619653
copped a few myself back in march. they were the same price as the generics

is it just me or have i been in the wrong /pmg/ thread for like past hour

>>21115300
I got some 10oz britannia bars. really nice pieces

are pic related needing to be kept in their plastic wrappings or are they just generic bars i dont need to worry about scratching? thanks

anyone from /pmg/ here? there is no general up right now so i have a question: i just got some of these 10oz britannia bars - do i need to keep these in their plastic protective wrapping or are these just generics i can remove from the plastic? i dont need a case for these because they're not numismatic, right?