/biz/ - Business & Finance

>>30081920
>Do you drive long distances to check stores? With a proper calculation it could be a good idea to go long distances (day trips) for possible treasures?

No it's a 3 mile round trip for me, not many thrift stores around here but wealthier old money high population areas are prime for hunting. I know a garbage man in NYC who has probably pulled 50-70 kilos of silver free from the trash in the last 5 years and I've done well searching in Denver and Columbus Ohio in the past. Most scrap I get from eBay though.

>>29300656
>“We were crying over melting these beautiful tea sets,” he remembers

Lol what a soisucking cuck.

Tea sets aren't fashionable anymore but I saved the nicest one I've come across so my daughters can have patrician tea parties. I love Antiques but most sterling out there is unremarkable and unworthy of anything but a trip to the refinery. Gobs of sterling has already been melted over the past 45 years so I doubt the modest remaining supply will be enough to make much of a difference in the global market. They're really scraping the bottom of the barrel here.

>>28605144
Under $20/Ozt even now, though cheap scrap isn't as easy to come by these days. That's fine because I'm autistically overweight in physical and need to fill my equities and options bags to balance things out. Physical is hands-down the comfiest hold but leveraged exposure to rising spot and general increased public awareness and interest in miners is important if you want to enjoy gainz while keeping the stack intact as the foundation of intergenerational family wealth.

Browsing the wallstreetsilver subplebbit and other parts of the normieverse I see so many people waking up to the stories of gold and silver and locking in clownmarket gains with instant stacks (325 kilos at once for an Australian instadragon I saw), that when coupled with the unprecedented tightness in the 1000oz bar market I'm certain that we'll see beautiful fireworks this year.

>>27838221
I am the silver meme.

Glad to see some more outside-the-box sterling silver buyers here. Let the boomers and plebbitors pay those FOMO premiums and keep stacking up the cheapies.

I never really liked jewelry because it's a fiddly source contaminated with stones and solder but have saved a few kilos of good resale quality antique/vintage pieces. Some of the old Mexican stuff is surprisingly nice.

Daily reminder to buy cheap sterling from ignorant boomers so you can flex on plebs and feast like kings while your FWTDHWATQUDs are busy doing the needful under the dinner table.

When do I get to flex on normies with my Viking treasure hoard?

Grandpa would be proud AF right now; a couple dozen grandkids but I'm the only one who listened. The future is ours frens, keep a diamond grip on this bull's horns cuz it's going to be the ride of a lifetime. See you at the yacht party brothers, WAGMI

>>27257744
>Have any of you guys looked on ebay for Scrap Solid Silver

All last year fren, sorry for buying up the cheapies.

>>27245661
>the spoon in someone's mouth 90 years ago is in your computer's circuitry now.

Kek no it's not, that spoon is in my stack of sterling and similar hoards build by outside-the-box silverbugs worldwide. Available scrap has basically dried up now and the few ounces here or there still forgotten in attics and basements won't be enough to supply industrial demand or stop the bull run.

>>27245259
Another 2kg to polish up a stack is excellent, good job and good luck anon! Kilos are the most patrician ingots IMHO, perfect size for holding, fondling and carrying around.

>>27156336
>did you physically see it at a market or something?

Yup, and there were TV news pieces on markets like this in Texas, Utah etc. that may still be up on YouTube. There was also a cozy old farmhouse on a few acres for sale by owner with a sign out front with the price in both dollars and ounces of gold, the latter revised downward to 18 ounces of gold or so before the property sold. If fiat is now doomed then i expect to see hard money transactions like that becoming common again. I hold Bitchcoin but know it'll be way less useful here than PMs and if SHTF will have no interest in getting paid in anything but PMs; crypo is for passing off to delusional rootless urbanite bagholders who still think in the context of nominal fiat gains and have no understanding or appreciation of the intrinsic value of hard assets, and physical commodities.

I am definitely biased, but doubt I'm wrong about the wisdom of stacking in these uncertain times.

>>27102258
The best deals get grabbed up quickly after being listed, so you want to search "sterling" in the Antiques category, most recently listed first and Buy-It-Now items only. Then you refresh periodically looking for deals priced enough below spot to be worthwhile. I have the crap refined and returned as ingots but keep the high quality antique pieces in the Viking hoard.

>>27063047
Based/10 fren.

>>27063657
>do you think its possible to find bowls like that from estate sales without the owner knowing?

Absolutely, it happens every day. Sterling flatware and tableware like candelabrum, shakers, sugars/creamers are common in old money areas so don't just look for bowls.

I get most cheapie sterling off eBay from dumb boomers who don't know what anything is worth, but managed to get a silver platter locally for 4 bucks last summer, current melt value $806. Go get the cheap PMs and you can have it refined and get ingots returned from refineries at costs way below spot let alone retail, though it does take some effort.

>>26331162
>YOU WILL NEVER OWN A METALS RECYCLING BUSINESS

You mean buying sand-filled aluminum cans and stolen radiator coils from disgusting homeless crackheads?

Thanks but I'll pass on that niggardly bullshit Bob, the metals I recycle are far superior.

>>25655624
>Most crypo holders are still able to sell

For now they are still able to, but it's not like there is actually a trillion bucks waiting to buy right now and most holders are euphoric and greedy and won't anyway, so when the broader market bubble bursts and drags down all speculative vapor assets I will be harvesting red wojaks for months from ruined moonbois and their crypto-pumping monkeyshines. Got some BTC in March after it dumped but some Mining positions I scooped up then have done even better. BTC's performance has been admittedly amazing, but ultimately my heavy physical silberbags are still my comfiest asset. Go ahead and smugpost fren, we ain't trading our bullion for your bags when the tides turn and every speculator is stampeding for the door. It's a precarious position you're in so lock in at least some of your profits while you can.

>>25423513
>Post your Viking treasury horde

I've got boxes of Silver all over and don't want to dig it all out but routinely post this stale picture from June. Some has been melted and refined and lots of additional goodies have been added.

Happy New Year to all my frens in the best general on all of half-chan! It's been a fugged year full of uncertainty, anxiety, schizoid musings, obsessive pharma hoarding, prodigious scrapsperging and smallcap bag filling. It's been a pleasure sharing the wild ride with you fellas, we're all gonna make it and hopefully be able to help others in our lives make it through the coming uncertainties too. Thanks for everything comrades, I'll toast to your health and happiness with my sterling chalices and look forward to sharing the joys of fat gainz and our mooning shiny rocks with you all through 2021. God bless and prosper anons.

>>25369696
>think back to the good old times when gold and silver were so cheap lol

There will be many wonderful stories for our future grandchildren fren!

>>25194358
>The only way the ratio would return to 15:1 would be if the Fed decides to put America back on a gold and silver standard.

Mining ratio is ~7.8:1, and most freshly mined silver supply plus billions of ounces of old recycled/scrapped silver has been quietly bought and used up in the electronics, communications, military, renewable energy, battery and medical industries. Gold primarily gets vaulted with minimal amounts used up and lost to industry, whereas Silver is critical for thousands of applications and among the few elemental bottlenecks of the world's technological trajectory. Gold is lovely but predominantly just a financial asset, Silver has a rich monetary history but appears to be the structural backbone of the 21st century and beyond, a fact which all relevant industries requiring gargantuan quantities every year have been desperate to keep a lid on. With a 300,000,000+ Ozt supply deficit just this year, that cat has nearly clawed its way out of the fraying bag and I'm not going to be holding retard shitcoins, fiat, or too much gold when it happens. It's the current year bro, and Silver becomes more and more critically vital to the functioning of the modern world with every new application discovered or gadget brought to market. It's not 1870 anymore, silver's monetary history is irrelevant to its future demand curve, though it certainly doesn't detract from the ancient instinctive appeal.

Your judgment is clouded by your emotions and you’re using mental gymnastics to justify your inane silver price predictions.

>>25001205
>You and 1,000,000 other people

If premiums for anything remotely decent go through the roof or in-stock inventories get cleaned out within a day or 2 like in March, may I again recommend taking the scrap-pill?

Retards will always exist so great BIN deals on scrap sterling will probably continue surfacing well after the moonshot. The deals will get harder to find and gobble up before competition finds it but cheapie Silver will still be out there. I may start hustling refined bullion to buy much heavier piles of cheap scrap (for refining) as a full time "job" to keep growing the stack when $50+ Silver hits, that would be fun.

>>24852485
>garbage investment

It's a shiny and antimicrobial investment in one's inner dragon. Sure, I should have bought more bitchcoins in March, but they will never provide the tangible weight and pleasure of IRL treasure.

>>23739715
>>23739833
>>23739736
>how the fuck did you even identify that people wanted to buy that shit though?

Thanks frens, and I dunno how to explain it but I've always had a natural knack for business and wheeling-and-dealing basically anything that one can pull profit from. I'm not only a skilled scrapsperg ya know; that's just a minor aspect of the way my mind has always worked. Be open minded and confident and you can squeeze money from almost anything anons.

>>23660303
Classy taste in gold anon, very nice. Haven't gotten any in months but should probably bring the ratio back down around 1:1000, albeit against the inclination of my argentautism.

Do you know offhand who has good deals on those gold restrike/homage coins?

>>23449943

Post stack LARPfag.

>>23355611
>I've even done up a piece of software now that speeds up the calculating process so I can be sure that I'm getting value out of what I buy.

Damn that's awesome, keep building that database up with actual yield results from weighted stuff and it could be a powerful tool, very cool.

Keep stacking man, 1.5kg is an awesome pile and if you manage to score nice cheap goblets, plates and other patrician tableware in your hunting you'll be able to bust out badass table spreads like a boss. Lots of fun to be had actually using your silver, it's classy stuff and will be absolutely amazing to have around and enjoy after PMs moon. If we do get $600 silver, antique sterling will make top tier gifts too, it'll be fun.

>>23273034
>What did you get it for?

Thanks m8, freshly listed $44 shipped BIN buy off eBay a few weeks ago while hunting cheap sterling.

>>23273080
>how do you hunt for antiques? are you literally going to garage sales and auctions?

I get most silver scrap as well as many of my antiques/artifacts From eBay. IRL sales/auctions are great too but eBay is 24/7 and global.