/biz/ - Business & Finance

can you name the precise date of this mythological "financial crisis"? no? then fuck off nig

Lol economy is booming schizo

>>10980444
>>10980447

Yes everything is absolutely fine. Just listen to these two financial wizards for all your investing advice .

BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY BUY

>>10980776
We gonna make it brahs!

>>10980433
Silver can't make you rich unless there is some sort of very small panic bubble revolving around either an economic crisis or something to do with the trump and gold standard meme.

Reality is, it's just an investment to safeguard your wealth because it will always have value no matter what happens to fiat.

>>10980899
>Imagine being this dumb
>Imagine

Never too late to ride a train that literally has THE BEST conductor of all time.

Stack or die.

i ordered several hundred dollars worth of silver rounds from jmbullion at spot price (deal they're running)

any advice for new silverbugs about buying/places to buy?

t. 200k LINKer (so you know iknow my stuff)

>>10980433
You should be stacking gold not silver. Gold has held much better value since the 2011 peaks than silver. And with silver demand slumping and mining technology getting easier for silver, it's probably going to see $10/oz by 2020, even with a dire financial crisis. People will flock to gold, the real store of wealth.

>>10980929
>any advice for new silverbugs about buying/places to buy?
send it back and get a real PM, gold

>>10980932
they will flock to both, stop fudding

>>10980940
It's not fud, it's truth. Silver has lost 70% of it's value since 2011, gold, only lost about 30%. It's far safer and has much greater potential because it's much more difficult to mine an ounce of gold than an ounce of silver.

Fuck off Silver shills nobody cares
Bog yourself harder
Silver to 10

>>10980932
>>10980936

They scared......

Sing it for the last time faggots:

https://www.youtube.com/watch?v=UePtoxDhJSw

You aren't going to get another chance.

You want the best deals?

Stack the best silver combination you will ever see in your life Ag / Pt.

Au is for tired hungry little honey guzzling bitches.

Get ready to put em in their place brahs

>>10980433
>buying bars
>not holding silver coins backed by the full faith and credit of the united states government
you may not make it

>>10980955
thanks just sold all my gold and bought silver

>>10980932
Have you see the gold to silver ratio recently retard? The minute gold moons silver is going to fucking Andromeda

ALSO silver is actually far Scarcer than gold above ground because we're using it all up so fucking quickly in industry.

Silver 1k before 2020

>>10980776
I gave my godson an engelhard bar for his baptism.

When he is older I hope he understands why.

>>10980955
Pure autism

>>10980975
you'll regret it later senpai

>>10980981
>ALSO silver is actually far Scarcer than gold above ground because we're using it all up so fucking quickly in industry.
No it's not lol.

>Silver 1k before 2020
1k pennies, topkek

>>10981012
https://www.google.com/amp/s/www.wealthdaily.com/amp/articles/silver-is-now-rarer-than-gold/3150

Suck my dick faggot

>>10981002
>Pure autism
Look at teh graphs, those are accurate statements

Silver 2011 $47
Slver 2018 $14
70% drop

Gold 2011 $1820
Gold 2018 $1200
only 34% drop

>>10981028
stay salty silverfags, us goldchads are gonna make
and nice source btw, provide a real geology source, not some faggot's blog, kek

>>10981046
It's literally a fact (you fucking retard) that above ground silver stores are far smaller than gold. What's happening is that much more silver ris being mined--the turnover is much greater

>>10980955
i hope this is bait....if not you should try zooming the chart out to before 2011.
the 2011 silver pump and subsequent dump was purely manipulation by jpmorgan and hsbc.
AG was never actually worth anywhere close to 40/oz.
those days trading ZSL were fun however...

>>10981065
So? That doesn't mean silver is more scarce. You obviously failed logic 101 class. Gold is genuinely scarce, silver, not at all.

>>10981077
I didn't say it wasn't manipulation. I was simply comparing the highs vs today. A lot of people bought silver at $47/ounce because they thought it was going to $250/ounce, yeah... that didn't work out, and now they're 70% down over the whole decade.

>>10981012
>you'll regret it later senpai

No....no i won't

Going to go 500 oz deep in 1 oz coins.

Should I diversify into a bunch of different silver coins or just stack the exact same coins?

>Option A - 500 oz of Eagles
>Option B - 100 oz of Eagles + 100 oz Leafs + 100 oz Roos + 100 oz Libertads + 100 oz Britannias

I can get them all for the same price but I don't know if there might be a difference if/when I resell.

>>10980923
Okay, explain just how you are going to make anything with silver without complete economic collapse?

>>10981086
I never said more scarce in the Earth's crust. And I actually majored in math at MIT so fucking blow me you brainlet. Reread what we both wrote: i was very careful with my words.

>>10981094
>No....no i won't
Call me in 2020, yes, you will fren.
Screencap this post.

>>10981046
were you one of the ones who bought silver when it was $50??

when the price starts to rocket up, its too late bro

>>10981012
Dude they don't put silver in fiat coins anymore. At least not in the US.

>>10981111
>And I actually majored in math at MIT so fucking blow me you brainlet
Yeah and I have an MS in statistics, so go fuck yourself. You're an idiot if you think it being more scarce on the surface means anything, it doesn't. It's just used up quicker because there's so damn much of it. Which is why it's only $14 for a fucking ounce, brainlet.

>>10981122
I never said they did.

>>10981118
>rocket
like the challenger

>>10981099
libertads will probably get the best premiums. Mexican silver is set to dry up real soon. and they dont like to export their metal either.

>>10981124
Why do you think it's more scarce on the surface retard, even though 50 years ago it was far more abundant?

ANSWER: because it's being used up far faster than it's being mined. At this rate in 10 years there will be no easily mineable silver left. Meanwhile gold just rots in vaults and is never used

>>10981114
no, no we wont
screencap THIS post

>>10981151
Yeah, ok keep believing that brainlet while you hand over your shekels to JM and APMEX. Silver is needed less and less in industry as time goes forward so it will continue to lose value.

>>10981154
In 2020 when this shit is $10/ounce don't say I didn't tell you.

yeah YEAH!!!! HE JUST STARTED!!

>>10981111
>I actually majored in math at MIT

We don't actually care what imaginary school you went to. MIT has nothing to do with 5000 years of monetary history.

>>10981233
You mean the monetary history where silver was money and gold was jewelry? You realize silver has been money far more often than gold throughout history?

>>10981245
>silverfags actually believe this
Gold has always been the monetary standard, they call it a fucking GOLD standard for a reason. Silver was for the fucking plebs like you.

>>10981099
>>10981136

Libertads. This anon knows whats up. I have unopened rolls of 2011 Libertads and premium is amazing for sellers. Just buy current year libertads, go balls deep and buy a bank bag (kind of like a monster box its how the mexicans do it).

Let them age and just know that the premium goes up with time. My 2011 Libertad Premium is something stupid like $17 over spot (CAD)

>>10981259
Gold is good for large value bartering. Silver is good for smaller value bartering. You need both. I think gold will always be king due to aesthetics, but I think silver will close the gap and go up in price eventually.

>>10981245
>>>10980955
>thanks just sold all my gold and bought silver
are you even reading posts?

>>10981334
Amerilards only buy Christmas bars from 1983 because they are closest to spot.

>>10981436
I have some local guys selling art bars from the 80s on craigslist. its stuff that boomers got from their parents and now are selling so they can go play the slots at the local casino.

Is there a way to own physical bullion without keeping it at your house? I don't like the ETF option but I also don't want bars under my mattress.

>>10981527
Put in floorboards anon. Holding physical gold is the only way to keep it secure in times of crisis

>>10981154
>>10981151
If you invested 10 years ago!... you would be...
about a dollar ahead, kek
(and probably down if you factor inflation)
top fucking kek
silverfags status: suicide watch

>>10981556
Silver is also supposed to be fore multigenerational wealth.

If you wanted to cash out, invest in some index and then sell.

Silver is something you pass down to your ungrateful spawn.

>>10981124
>>10981151

Scarcity is an irrelevant meme. There is more than enough silver and gold for all industrial uses.

Apple and Samsung are not going to be buying gold and silver bars.

Your metal collection is literally nothing more than a shiny rock collection with no real world applications

Good luck trying to actually sell your silver, morons. Only dealers ever actually profit from it, and they WILL fuck you over if you try to sell to them. If you want precious metals that badly, just buy gold! Don't be suckered into silver's low price thinking it's a good deal.

>>10981334
>waits 7 years for like $1,000 in over-spot profit
>thinks he's a genius
Fuck this thread is sad

>>10981906
based and redpilled

>>10981046
Your a fucking tool!!!
Gold does a 8x since the 90s
Silver only did a 15x
Shut up tool and go to bed

>>10981077
Wrong chart, you posted a bitcoin chart.

>>10982510
topkek, they do look alike

>>10980776
What’s so special about Englhard?

>>10980433

Been HODLing 9lbs I bought between $30-49. Fucking iron hands these biztards don't know what a real bear market is.

>>10980433
t. nocoiner

>>10982549
>not hedging your bets on what normies will pick as the safe harbor asset in the coming collapse

You gotta have both my dude

>>10982540
$7 worth of silver

>>10982534
nothing, it's got the same AG atoms as any other bar

>>10982482
>your
can't even use words right, you're not going to make it
you can pluck out starting points to make either look better than other, now fuck off

>>10982564
>$7 worth of silver

Have you fucking seen a Mercury dime? They're glorious. They're not worth much.

This bad boy is 2000 years old, and I think that's pretty cool.

>>10982482
Silver 1999 $6
Silver 2018 $14
2.3x

Gold 1999 $280
Gold 2018 $1200
4.3x

see how easy that was?

>>10982578
>I think that's pretty cool.
I agree, it's very cool. But it's not an investment in silver. You always lose on numismatics. I found that out the hard way.

>>10982540
nice

>>10982578
love me some mercury dimes trying to build a full set

ok say i buy some of these bars, how do i sell them without getting jewed?

>>10982692
They weigh it and multiply it times market cash and pay you. It's fucking easy. You already know what it's worth when you walk up to the buyer.

>>10980776
>englehard
I see you are a man of taste

>>10982585
>being emotional
>me

>>10980981
>Silver 1k before 2020

TFW I'm gonna make it

>>10982692
You don't. Silver is a shit investment. Even silver dealers get fucked over, after Ebay, Paypal and shipping fees they end up selling silver at a loss.

>>10980776
stop posting this literal reddit metal

>>10980776
imagine if they are all turn out to been filled with cadmium amalgam insert when silver moons one day

Enlighten me, retards...

>>10984188
There are laser assay machines that tell you the content of your bar. Widely used by local precious metal refiners.

>>10980981
its just like the >muh muh lytning netwerk! any day now!! boomer shills

adorable

So where do you eventually sell your silver at? Pawn Stars? Since there is a collapse, what if these gunless betas just lose it all to the inevitable chimpout?

>>10982854
>Being wrong
>You
>Being retarded
>You

And here another (You)

>>10982534
company stopped minting silver in the late 80s. anything with their name on it has a collector value, so higher premiums

>>10980433
>>10980932

Gold & silver bugs are the biggest suckers on earth

>>10981046

Gold is going below $900oz

It is returning to its historical value, which inflation-adjusted is about $850

>>10986065
I'm pretty sure most of these guys have lots of guns

>>10986782
I believe the biggest sucker is your mom anon, with gold and silver bugs placing at a sweet fourth after cryptokidz and thots.

>>10986799
>being this dumb
Gold is going to go to $2000/oz by 2020, silver might break above $50/oz as well. They will only become more rare as time continues

Sold uslv about an ago... made 1k... it could keep going up... but I'm fine with a gain... I don't need to kill the whole hers.

>>10987169
Herd...

>>10980433
I bought 500oz today

>>10987238
Congrats. That is about the same value as 6 of my krugerrands.

Will buy 20oz Silver the next days and 1/10oz gold maybe.
Will go with Noa's Arc since they are very cheap (and also great looking)

>>10987579
You can get APMEX rounds for about $1.50/oz cheaper. I wouldn't pay a premium for a coin simply because it has a fairy tale picture on the front.

>>10987897
*tips fedora*

>>10987942
>everyone who doesn't believe my fairy tale must be an atheist
Nice assumption moron

>>10980433
Assuming the power doesn't go out, I'll be perfectly happy in my 3X Long Silver ETF.

>>10984782
>There are laser assay machines that tell you the content of your bar.
no laser can't tell anything about the content below the surface.

>>10987897
>APMEX rounds
well, they are really cheap.
But europe here who wants to buy it anon with cash OTC.

15€ per 1oz Silver coin is the cheapest I have access to if I want to buy directly.

>>10988014
Oh I didn't know you were in Europe

>>10987990
This. You need ultrasound machine for bars. Better to get coins/rounds and test with simple audio frequencies.

>>10980433
silver $8 by 2020

>>10988888
silverfags status: suicide watch

>>10988897
I hope you're right, I will literally double my stack at half price in that case.

I will just keep buying more faggot. Then one day you'll be mowing my lawn for 1oz a year

>>10988932
>he actually believes this

>>10988937
Thank God so many fags like you exist. Inbred retards like you are the reason why I can buy at these prices

>>10988946
>hoarding silver
>calls others inbred

>>10984750
At 2020 just draw a green line vertically.

Thank me later

>>10989255
Based on what? Ur word?

>>10989268
Reality you fucking retard

>>10989295
This is a silver thread we use logic... if you want to be a child... go to a crypto chat... bye now

>>10989255
and what if it goes to fucking $50? it's still nothing compared to what btc will do.

>>10989396
Leverage

>>10989396
Plus... 14 to 50 as a % = bad gains

>>10989427
Mad*

>>10989427
pretty awful for that matter. because you buy a few coins (around here at least it would be $18.5 an ounce) then you sell them for about $48 a bit below spot as usual. then you pay capital gains tax and shit you get about $21 an ounce it's barely more than 200% increase.

man, btc can do that in a month.

>>10989427
don't lie, most of you all bought between $20 and $30

>>10989481
sorry i mean 100% increase

>>10989396
>Has a market cap 1/4th that of btc
>Thinks silver won't moon harder as boomers rush to safety

>>10989481
I made 100%.. on silver gag. I guess it not at my lvl yet son... go read some books.

>>10989510
there is 1,070,363,520 ounces of silver in fine silver bullion. there is 772,000,000 ounces of silver are mined yearly. there is only 21,000,000 btc will ever be. man if silver goes to $50 bitcoin goes to $1mil.

>>10989490
I don't hold tard

>>10989556
Long term I agree.

Short term (ie during the next mega crisis) btc will not perform as well as
silver.

You honestly think boomers are gonna rush into an internet token when their life savings is on the line? Top kek m8

Even if that happens (which it won't until us zoomer own the majority of capital) the network doesn't scale rn: the men pool will get bottlenecked and people will start dumping

>>10989590
i personally think 2008 will repeat itself. us will qe the shit out of it and it will be a barely 30% drop on stocks then business as usual. third time is the charm when they won't be able to correct it.

>>10988888
holy crap lol

>>10989618
If they QE again, right now, there will be hyperinflation. They have no choice but to crash everything this time.

>>10989719
hardly it will just go to the stocks like before.

Silver won't moon unless it backs the currency. You fags should still buy silver. But only to maintain your current purchasing power.

>>10989768
silver won't moon period. but if it does well fuck. i got 30 pieces to sell.

Whoop Dee Doo a 3 x in 10 years time. its good to have some, but your banking on everything going to shit for it to 'moon' like the silver (((merchants))) say and it wont mean anything if its priced $500 in fiat.

>>10988888
Checked and this seems realistic given its slow bleed down.

>>10988888
Quints have spoken
It is legit
$8 per gram

>>10990848
Anon, no, they measure it in troy ounces, not grams.