/biz/ - Business & Finance

>inb4 christfags 'have fun eating your shiny rock' buy weapons/ammo & horde canned food

>>12361400
I should add I have no intention of preserving my wealth in beans.

>>12361400
>Why not both.tiff

>>12361302
Gold is really undervalued but silver is the most undervalued asset on planet earth.

Historical silver to gold ratio is 16-1 because that's the ratio it comes out of the earths crust. Right now because of super manipulation that ratio is like 80-1.

Buy silver and when that ratio narrows to 30 to 1 or so exchange your silver for gold. But always have some gold on you because it's the worlds money.

Also OP silver isn't volatile. A silver ounce 900 years ago is still that same ounce of gold today. The entire fucking point of buying silver and gold is because fiat is a scam and you want money and wealth after fiat fails.

Dollar value of silver means nothing

>>12361442
What do we know about the manipulation and its purpose? Why would they want to undervalue silver and not gold?

>>12361400
Why would Christfags hate shiny rocks?

>muh shiny rocks

>>12361561
practical use in daily products mabe.

>>12361561
So they can buy more of it themselves

https://www.metalsedge.com/News/why-is-jp-morgan-hoarding-silver

>>12361302
>gold
>not an industrial metal

>>12361569
Because they have Rambo delusions, also they do their best to go directly against what Christ preached & the 12 commandments.
>Though shall not kill
>Help thy neighbor
Nope, blow his head off. He's a gonna steal muh tuna.

>>12361598
Doesn't explain why silver. Why not do the same thing for gold?

>>12361400
I've already done this and now I'm stacking gold.

Everyone think, crypto will go to zero when fiat crashes ?

>>12362080
I suspect normies will run to crypto as they're familiar with their wealth being numbers on a screen. Having some shouldn't hurt. Most wealth will probably go to what is known and proven to preserve wealth which is gold.

>>12361302
>Silver "$1" on the 1 ounce coin:
$1 in Jan-1913 has same buying power as $25.72 Nov-2018 (undervalued)

>Palladium "$25" on the 1 ounce coin:
$25 in Jan-1913 has same buying power as $642.95 Nov-2018 (Extremely Overvauled)

>Gold "$50" on the 1 ounce coin:
$50 in Jan-1913 has same buying power as $1,285.91 Nov-2018 (basically locked and loaded)

>Platinum "$100" on the 1 ounce coin:
$100 in Jan-1913 has same buying power as $2,571.82 Nov-2018 (Extremely undervauled)
Given this information it would be wise to do the following:

>Stack Silver
>Hedge with Gold
>Retreat from Palladium
>Stack Platinum

When to buy Silver?

I was waiting for silver to drop to $13/oz to buy a couple kilos, but it stopped at $14 recently and is back up to $15.75

>>12362307
Silver has been double tapped. Back up to 1913 value.

>>12362251
You know forging dollars is a federal crime?

>>12362251
Interesting. Unlikely the people who set the face value had any knowledge of what the prices of the metals should be.
>>12362307
Buying for the long term? Buy now.
>>12362348
This. How could you do that anon?

>>12362400
Im not being cute. I know you neets think it's the same as forking shitcoins, but you walk in somewhere with a pocket full of "Dollars SV" and you will spend the next year getting cavity searched by your cellmate Tyrone.

>>12362348
>he didn't see that it says "Federal Reserve"

https://www.youtube.com/watch?v=nmtw8grnnUM

Last time I checked they have contract to facilitate note printing.

>>12362400
>Unlikely
Very likely for the ones setting face value did it by law at request of the United States Military.

>>12362452
>Im not being cute.
You will see the need for the new notes soon enough anon. Don't get all bent out of shape over something that will be enacted by the government itself after the FED is audited.

>>12362536
Even bimetallic standards have been difficult for the governments to maintain. The metals fluctuate on their own markets and people arbitrage the market price for the government peg thereby draining the government of its reserves.
A quadmetallic standard should be impossible.
Why would the military in particular care care what the pegs are?

>>12362521
>>12362536
>>12362547
FUCK. Fuck you you nigger.
So like an idiot I actually followed his link and it's just some faggot shilling his art project.
I've downvoted your faggoty video and I'll be reporting all of your gay shill threads from now until the end of time you utter shithead.
K
Y
S

>>12362400
Yes, I'm buying for the long term. Should I stack Kilos or round? New or used?

>>12362622
If you're a eurofag then coins cause I think you guys get charged a fat vat tax. Otherwise it's mostly a balance of price vs recognizability. Your home country's coins will be easily recognized but carry a premium. Meanwhile big, fat, thick bars will be cheap per oz but people will often question their legitimacy.
Buying used will be cheaper sometimes, but they may be slightly damaged. That doesn't matter at all with bars though.

>>12362599
>triggered

>>12362592
>A quadmetallic standard should be impossible.
It is already here. Just have to get through the formalities.

>>12362699
Which project are you referring to?

>>12362699
But how do they maintain the ratios?

>>12362251
>Jan-1913

So many problems with this.

1. The date chosen is effectively arbitrary. If you chose an earlier or later date you would likely get completely different results.
2. Relies on the fallacy that future performance can be known by past performance.
3. Even if #2 is true (it isn't) the timeframe has to be considered in relation to the results, which is 106 years, and I don't think anyone here plans to hold metals for 106 years given that human life expectancy isn't even that long.

>>12362739
1913 was when the FED was established.

>>12362802
If you are purchasing silver thinking that the fed will be abolished than I’ve got some bad news for you. It’s a good hedge against inflation. I hate all of the doomsday bullshit wrapped around precious metals. They are a commodity and will be traded as such.

>>12361302
The way I figure it with spot prices right now, the bar on the right and the four tiny coins on the right are within a dollar or two from being of equal value. Which would you rather carry around in you pocket?

>>12362952
Gold is sexy that way.

>>12362952
*bar on left*

>>12362659

USA here. I'm considering buying 2 of these to start, and buying two more if it drops a couple dollars. They're APMEX branded (one of the big names in US) and serialized. Thoughts? Maybe I should just go half-and-half on kilos and coins at the same time just to be safe.

I heard bullion transactions over $500 can be tax exempt if you put them in an IRA... Not like that's a good idea if you're using them as a hedge.

Why would anyone buy silver when it tarnishes?

Just buy gold in 1oz increments

>>12363533
get the bullion, paying the premium for coins isn't really worth it if you're trying to get as close to spot as possible. They're nice bars and the stackable feature is a clever.

>>12361302
Where the fuck can you even get PMs at spot price

Lets assume the elites want to hoard all the gold for themselves, how would they go about lowering the price far enough for most people to start selling their gold, and, most importantly, for the gold nuts to not consider buying it at such low prices?

>>12363533
these are a better deal
https://www.jmbullion.com/10-oz-silvertowne-silver-bar/#

>>12362251
looks pretty good desu

>>12363533
Only other thing for you to consider is fungibility. There will always be fewer buyers for more expensive things. Cutting a bar in half would make less desirable so if you intend to sell small amounts at some point consider buying smaller units of metal. Otherwise go for it.
>>12363606
You don't. You can probably get the best prices from your local coin store. Don't buy physical if you intend to trade it as the spread will eat you.
>>12363667
You've described the current situation. However, governments and elites get most of their gold from new mine supply. Buying gold from people tends to be difficult as gold is hoarded.

>>12363733

>You've described the current situation

How? Gold was dirt cheap 15-20 years ago compared to now.

>>12363554
It's 99.999% elemental silver, just keep it in good storage conditions and not under a pile of moist cum socks. I've had a sterling (95%) silver chain for over a decade that still shines nice after a cleaning, even after wearing it every day. Silver is seriously under valued, friend, and there's much more potential for growth percentage wise. There's about 10x more silver above ground compared to gold, yet gold is 83x the price of silver. You can argue gold has more real world applications but we both know it's simply inflated by rap-niggers and other shills.

>>12363558
>>12363733
I agree the premium is a bitch, but what if I have to liquidate some ICE? Maybe I'll just buy some quarter-kilo bars along with big, thick, meaty bars.

>>12363677
No it's not, that's a ten ounce bar. It would cost $584 per kilo if I bought those - plus they're not big-name branded nor shiny/stackable/serialized. Poor show anon, thanks for trying though.

>>12363764
The dollar was also a lot more valuable compared to 15-20 years ago. We measure price today in unit that gets smaller as time goes on. For the VALUE of gold to change you'd need to see at least a 3% change in less than a year on average.

>>12362802
An effectively arbitrary date.

>>12361302
I'm too much of a poorfag for gold right now but I've got some silver

>>12363778
O shit... It's only $17 more per kilo to get 32x 1oz bars instead of just 1x 1kg bar. I think I'll just stack these little daddies and sell them off as I need. Does anyone know the best way to sell silver?

>>12362952

Two British sovereigns, ¼ oz American Gold Eagle, 1 oz Gold Eagle, pretty impress- HOLY FUCK! A 100 oz brick of silver by Engelhard!!!

it's all fine and dandy, but what if we just say fuck it, realize that gold's value is arbitrary and move on to some other standard? Gold's value is based on belief, as an industrial metal it's nowhere as valuable

Don't forget BITCOIN!

>>12364244
Gold is the building block of existence, Gold is a cosmic standard with properties no other material in the universe possess

>>12364260
wow....so powerful
big if true

>>12364244
>what if we just say fuck it
All value is belief. There is nothing you could invest in that people couldn't just decide to say fuck it.

>>12364260
except the chinese is almost successful creating gold out of copper.

>>12364270
Gold is powerful because it was blessed by the Supreme Lord of the Skies Amalukuluku, no human can recreate that

>>12364270
fake news

>>12364208
>>12364260
What did I say >>12363778, rap-niggers and Kang shills are what give gold it's value. Scientifically and economically speaking, silver is what to buy right now. Gold is at an all time high, why the hell would you buy it now? Silver was worth three times as much just 8 years ago, it could definitely bounce back. Even if it reaches it's all time low, you won't have lost nearly as much percentage as you would if you bought gold now that depreciated to it's all time low tomorrow. Silver has so many purposes from technology to medicine - silver nanoparticles between 1-10 nanometers suspended in a colloid have been demonstrated to inhibit HIV-1 cells invitro by binding to the GP120 spikes they use to infect healthy human immune cells. That has to be worth something if Gold is used simply to plate my headphone jacks and be a soft-metal in my dental bridge.

I always thought it'd be dope to have a few gold bars. Maybe a vault.