/biz/ - Business & Finance

holy shit, i will finally make it, 1kg gold here

Can't wait till silver is $200-$500 an oz and gold is $10k+

Let's say I just have like 20k in bank, should I get at least silver?

>>15220155
Crazy dude you waited 10 years for a 10x.

>>15220160
Yeah. 200$ in silver wouldn't hurt

>>15220045
holy shit congrats
>>15219976
yes we are fucking moonin right now

>>15220164
I haven't lost anything though with Gold or silver so I don't mind waiting another 5 years if it takes that long. Crypto is for gambling the true store of wealth is precious metals.

>>15220309
>Crypto is for gambling the true store of wealth is precious metals
Brother!

>>15220160
1000 oz of silver
10 oz of gold
That's how much you need to make it

>>15219976
The major risk here is that it gets banned for a few decades, as it has happened many times in the past.
If you hide it will and don't mind holding it illegaly you can probably cash out some time later, but holding the asset will suck for a while.

>>15220203
>>15220334
So I just can't into some new crypto instead? silver and gold are safer for 20k?

>>15220367
At this point it's upto you. Metals will be less volatile than crypto for sure.

poorfag here...if I can invest like 50$/mo, what would be better to buy?

>>15220389
Silver.
You'll be paying higher premiums on fractionals so go for 1 oz silver coins/bars.

i only have 6 oz of gold and 200 oz of silver feeling a little nervous tho

>>15220602
why thats not a bad stack

i am balls deep in gold mining now

>>15220652
I want to have 10 oz of gold minimum. Silver is a pain in the ass it' so fucking heavy i'll maybe still get 100oz more

>>15220901
>heavy
lame excuse, get a safe, store it, wait for the ratio to contract then transfer most of it to gold and you are golden.

why do silver faggots always come to gold threads pretending like its the same fucking kek. Silver is shit. Its like coming to BTC thread to celebrate new ath while only holding xrp. Go back, poor ass niggers

>>15220045
mad lad, dont drop it on yer foot or something

>>15220991
theres several reasons.
One being that silver always has a bigger percentage gain.
You think that 88/1 ratio is gonna stay that way? It never does.

>>15220991
is it like Litecoin is to Bitcoin?

>>15219976
Should I get more precious metals or more Link? I love having physical metal but I suspect Link will make orders of magnitude more profit.

>>15221042
well it sure is not like @telecoin

>>15221079
yea, I'm just asking stupid questions to get answers.

https://www.macrotrends.net/1441/gold-to-silver-ratio

I did learn something

>>15221068
>not using the link profit taking to buy gold

>>15221294
That’ll be the plan come 1k link. But I won’t sell it all then.

>>15221068
Buying Link = Self-Rekt

https://cryptoiq.co/chainlink-link-devs-kill-rally-and-precipitate-46-drop-in-price-by-dumping-9-8-million-tokens-around-275-million-tokens-still-held-by-devs-and-350-million-tokens-earmarked-for-staking-yet-to-be-tou/

>>15219976
So what would this timeline look like, time-wise? When should we expect jacked up prices and a currency crash?

>>15221392

silver $200 next month!

We mooning hard!

>>15220160
if you aren't expecting the apocalypse, you can buy SLV. No fees like bullion, and you don't get completely fucked when u want to sell it

>>15220045
only 280 gram poor fag here :(

>>15221068
Mirin the top 4 ones i really want those. Too bad i can't find them anywhere.

Get more PM, LINK will drop further

>Baby stack of 16/oz silver.

Once it hits $20 accumulation is over.

>>15219976
10,000 ounces silver
100 ounces gold
100k in silver mining stocks
Checking in
>>15220901
>too heavy
Get strong kid
>>15221068
>buying pozzedlink
>>15221392
<5 years
>15220991
>silver is shit
as he types up that nonsense on his computer/phone made possible by silver

>>15221521
Show stack

>>15221424
If you have physical silver or gold you can cash out slowly and not have to pay capital gains tax.

>>15221407
That sounds a bit too fast and optimistic. I mean it sure sounds like SHTF economically is coming, but not like.. in 30 days.

Why do people buy precious metals physical? Is there something wrong with buying the stock? If so is it still worth it? Really don't want to have bars of gold at home. South Africa is not a safe country

>>15221452
Not my stack. I just collect pics of other people’s.

>>15221588
because i dont trust banks and governments. you can't tax physical gold otc.

if shit hits the fan they just tax your gains away.

>>15221631
Makes sense thanks.

>>15221041
True. One day it will be 100:1 and then 200:1 and silver fags will still defend this shit.

>>15221699
CAUTION: b-but his time is different argument incoming.

silver production is not the same is it used to be. there are shittons of silver available for harvest once the price is increasing.

i put it different:
silver inflation is not constant, whereas the gold inflation is

>>15221588
Remember if you don't hold it, you don't own it. It sounds cliche, but it's true.

>>15221521
which stocks did you buy? i am thinking about to get some too.

>>15220334
I don't think so. You're going to need quite a bit more than that barring utter chaos in the country where you live. I'm talking about Weimar hyperinflation type of scenarios and in those circumstances, even if you managed to get a tremendous amount of purchasing power, you'd need some what of defending what you acquire.

Going back to the very early 1900s, 1,000 oz of silver and 10 oz of gold was approximately $1,200 in the US. If you've ever seen the movie "It's a Wonderful Life," Mr. Potter asks George, "How much do you make a year, George? $1,000?" and George retorts, "$2,000!" $2,000/year back then was a pretty good salary and is probably comparable to about $100,000 - $200,000 today. Unless you live in a shit hole, you're not retiring on $200,000.

>>15219976
Sergey just dumped 700K gold coins and you guys are still buying.

>>15221699
>>15221764
Spotted the two salty Link shills.

>>15221931

Sold my link stack at $3.50 and bought some silver with it

Should of got more tho

>>15221588
Buying stock means two things: you're buying shares in a mining company or you're buying shares in a company that stores physical metal in a vault somewhere. In both instances, you are assuming management risk where they can incompetently or fraudulently wipe out the shareholders. In a mining company, lousy management may overpay for non-producing mines, outright lie about mining results (look up the infamous BRE-X fraud), or have cost overruns on a good mine. For a company that vaults metal, lousy management may steal the precious metals the company claims it has in vaults, overpay itself and charge shareholders far more than necessary, or stupidly put the precious metals in a vault that itself has substantial management risk.

I believe stocks in companies that are storers of precious metals do not always use allocated storage. And I am unaware of any publicly traded company that is a storer of precious metals that has allocated holdings per shareholder.

>>15220991
don't be like that nibba

What are you guys thinking of silver stocks? Stocking some PAAS myself

>>15221521
bars or coins and which should I get?

>>15220309
>Crypto is for gambling
nothing gambling about holding bitcoin it's much more likely to do a 10x than metals.

>>15222152
I have PAAS, too, and I regret not buying a lot more when it hit ~$10. However, I've had a really bad streak buying all sorts of individual stock across various industries that didn't work out so my discipline told me to stay on the sidelines. PAAS actually pays a dividend and seems to have reasonably good management for a mining company. However, I do wonder how high the stock can go. It was trading at over $40/share in the 2000s. Investors who have held since then have really eaten it.

so when db bank goes you get the current price of silver & times it by the amount of paper market!! that my friend gives you between 4000-10000 per oz!! times for silver are looking great....

>>15222178
Bars if you're looking to acquire silver at the lowest premium possible; coins if you don't want the potential hassle and cost of assaying when you sell. Coins are more fun to own, though, especially if you buy American Silver Eagles, which are very nicely minted. When the US actually tries, we actually do pretty good work.

>>15222133
too bad that all money is debt.
back then when gold was money it was also debt.

>>15222133
BTC is the money of gods

Pull it.

>>15222240
>Physical gold
>Debt
Calling you a brainlet would be a fucking insult to brainlets

>>15222281
no gold is not debt because it's not money. money is debt.

>>15222336
Gold is money and it's not debt. Now fuck off and learn something.

>>15222348
i'm telling you man you drank the wrong cool-aid you nave no clue what money is if you think gold is money.

money is a generalized fungible iou redeemable in goods or services.

in gold moneys case the gold as element was the anti-counterfeit masure sort of a proof-of-work equivalent. bit just like in bitcoins case where sha256 hashpower is not the currency in golds case the element was not the money either. because money is debt. debt with zero interest and as close to zero risk as possible. but still debt the only thing that gives it value its it's redeemability in goods or services. you take that away and your money is worthless.

>>15222259

>>15222240
>back then when gold was money it was also debt.
i KNOW you went to public school

>>15222480
you have a lot to learn and understand just grok on it

imagine holding actual rock bags

>>15222486
i just feel bad for you man, look at how many words you try and use to convince yourself here>>15222418

>>15221588
>>15221631
>>15221802
>>15222053
What about gold/silver indeces or futures

>>15221538
>show stack
nice try glownigger you wont get exif data from me
>>15221824
First majestic (AG)
Pan american (PAAS)
>>15222178
Coins, american silver eagles, pic related

>>15221764
Over 90% of the silver on the planet has been mined brainlet.

>>15222554
>futures
not even once

>>15222561
This and there is more 7 times more above ground gold than silver

>>15222509
i'm trying to convince you not to buy fear with real money. because that is what the gold merchants selling you: fear.

if you want to see what money truly is you can start by watching mike maloneys hidden secrets of money series. if you watched it and you still don't understand this shit you might be retarded.

>>15222601
it's the other way around and it's 1:8

Are gold/silver certificates still valid in the US? or are they effectively equal to fiat or collectors items.

>>15222649
>what is above ground
Fucking brainlet, makes sense that you are the same retard posting that gold isnt money

>>15222615
>if you watched it and you still don't understand this shit you might be retarded.
bro, you are for real brain damaged. mike is the man and what he said went right through your ears. gold is the best money period. its not debt, thats why the chinese want it for dollars. quit getting high talking about fear bs

>>15222687
just look it up nigga lot more silver had been mined than gold 6 billion ounces of gold versus 50 billion ounces of silver. also in the universe their rarity is roughly equal but in earths crust the natural ratio is 1:16 to 1:19 depending on who's data it is.

>>15222691
>and what he said went right through your ears
no it didn't i just never forgot to ask the most important question
>how is this merchant trying to deceive me?
you got to read between the lines. and don't take his faulty conclusions for granted without thinking. lot of what he says is correct but you can come to a totally wrong conclusion from the most correct statements if it fits your agenda.

>>15222761
>i just never forgot to ask the most important question
im going to the store for your meds

I got etf instead of physical, what could go wrong if no world apocalypse?

>>15220991
I own lots of both because im not retarded

>>15222554
If you trade futures, you are not guaranteed delivery of the metal. I think in 99.9% of the instances, you probably won't care because the exchanges will just give you your profit in dollars or whatever fiat currency you use. However, if the shit truly hits the fan, you want the metal and not the paper. Even though I'm bullish on gold and silver, I don't see the shit truly hitting the fan. If such a scenario were to occur, you'd also want to add a lot of lead to your holdings, too.

Finally, you don't seem to know very much about futures since you're asking about it in a thread about protecting wealth using physical gold and silver. Futures are derivatives and unless you're a very skilled trader, you're going to lose money.

>>15222678
I'm quite certain that the US Treasury is not going to give you gold and silver for your certificate. You have to remember that the US even said no to countries in 1971. Do you really think they're going to redeem for one person?

>>15222678
>>15222830
America said no to countries cause they don't actually have the gold to even give them. That's why gold was outlawed and people had to turn in their gold so America could fill up fort Knox and pretend they actually have a gold reserve again.
Ron Paul has been fighting for an audit at fort Knox for years and yet there has been nothing to show for it.

brainlet here, what is the best way to buy PMs? i am a poorfag so can likely only afford some oz of silver

>>15222866
No. Gold was outlawed by FDR in 1933 because that was the only way to devalue the USD. Otherwise, people holding specie could sidestep the devaluation. As for the presence of gold in Fort Knox, it was still there when Nixon closed the window. The reason for closing the window was not that there was not sufficient gold to fulfill the active redemptions (most of it from France, if I remember). It was that Nixon saw that an avalanche of redemptions was coming and that would fully deplete all of the gold the US held. Of course, the last countries to redeem would probably not be given any gold since the US would have run dry at that point.

>>15222960
If you want physical gold and silver, APMEX is worth using as I believe many on /biz/ have recommended them. I personally have used APMEX for quite a few purchases. If you don't require physical possession, you can try the equities PHYS, GLD, etc. Note that it's not allocated in your name, however.

I use a service called BullionVault to keep a portion of my gold. It is allocated storage in your name and the storage fees are very inexpensive. Also, you can buy gold in amounts as small as 1 gram. Be aware, though, that I believe that there is a minimum monthly charge for storage so you're going to get eaten alive if you've only got enough money for 10 grams of gold.

BullionVault also sells silver and platinum but the storage fees for silver are much higher than gold (lower value density).

>>15221068
only retards pay premiums you a collector or a stacker? No one will pay you more than what the pyhsical is worth. Stop listening to stupid youtubers.

>>15223014
i prefer physical holding. if i don't hold it then i don't own it

does APMEX ship directly to an address of my choice or?

>This happened today and there are still people arguing against PMs

>>15223030
You'll have to contact them to get the real details of how they would handle your situation. I would imagine that if you want it delivered to your work address, for example, that they would do it if you paid by personal check or some means where they are relatively certain it's not some scam.

>>15223014
i also know nothing about PMs. am i better off getting coins or bars? what are best sizes to get? any literature you can direct me to to learn more?

>>15222178
this >>15222555
It depends why you're stacking. If you're a burger, I would take anons advice and stack as much Silver Eagles as you can. The premium will hold and in an SHTF scenario, they will be most recognized and accepted. I will say though, i've been having some fun stacking bars lately.

>>15222972
The side of the story I heard was that when France got the idea to ask for their gold other countries already started getting the idea. France brought up the doubt that America actually had all the gold to support their currency. And rightfully so cause soon after America and most of the world moved off of being gold backed so they can continue to inflate prices without the fear of people being able to redeem. FUD was already getting spread at that point so Nixon had no choice to refuse. Yeah he saw the avalanche but it was technically already triggered at that point.

>>15219976
so hedge funds are aiming to be crisis-resistant?

>>15223026
>only retards pay premiums
man, tell us your farm tips to avoid the 30-50% mark up on goods that rot like food

>>15223051
i would recommend going to JM bullion dot com and getting the starter pack at spot price. American Silver Eagles are great and anything from 1 oz bar to 10 oz bar works too. Egotistical faggots will tell you you need an 100 oz bar or else your beta, but they're the least liquid out of all denomonations.

>>15222795
no nigga when you watch vids like that you have to ask yourself
>what is his business?
>what s he really trying to sell me?
those are important questions.
not to mention why would anyone sell you gold for worthless fiat if they really think gold is real money and fiat is a scam that can collapse any day...

these merchants are selling you fear like with insurance. and you pay a premium on that. i'm not saying gold is as bad as most insurance. it's one of the better kinds as you have more control over your exit and it's fungible.

>>15222738
>what is above ground
>what is below ground
how did you even manage to hit submit post with a <30 IQ?

>>15223178
i bet youre some shithead who just took his first media literacy class. come back in 10 years kid

>>15223097
thanks anon. i am looking now and it looks like a lego set of silver bricks? am i looking at the right item or is there another start pack that includes coins and bars and such?

>>15223265
are you retarded? literally look at the fucking numbers. 8-9 times more silver is above ground than gold.

>>15223026
>only retards pay premiums
>I refine and smelt my own ore
And here I was thinking the dumbest poster ITT was the goy who cant comprehend above ground vs underground metal depositories, you idiots blow my mind

>>15219976
>they're literally pump and dumping gold now
Ha hahahahahahahahahahaha

>>15223278
nice projection cope m8.
but how about you try and think about it?

>>15223030
fuck apmex, they canceled my order because THEY listed a product at the wrong premium. Had to wait weeks to get my monies back.

>>15223307
https://www.jmbullion.com/investing-guide/types-physical-metals/gold-vs-silver/

https://www.wealthdaily.com/articles/silver-is-now-rarer-than-gold/85935

Please stop posting retard

>>15222554
miners typically will rise faster than the metals
>>15222418
ibs said gold is literally money in basel 3, look it up brainiac, why do you think theres a run on it?

>>15223352
dud don't confuse the "identifiable stock" with what's above ground! it's retarded. 50 billion ounces of silver mined it's not buried it's above ground alright. as opposed to 6 billion ounces of gold. ratio at how they are mined is also currently 1:9. silver is a much smaller market that's all. reason for that mostly it sucks ass even more than gold.

Ok guys last time gold was at close to 1400$ silver was almost sitting at 21$
>can you feel that fucking spring being coiled?

>>15220436
there is no set premium, everything goes on sale
>>15223434
they've stopped exploring for gold, there is less and less large finds to sustain long term momentum

>>15223390
gold can't be money because money is literally debt. the bullshit about "good money" that is not debt is complete nonsense. if money wasn't debt you couldn't universally redeem it. just try to pay with your gold coins in the corner mcdonalds or gas station! you will see what i'm talking about!

>>15223466
i think you're being disingenuous, at best.

>>15223465
they will never stop exploring for gold. volcanic seafloors are next. then space in a few hundred years. there is infinite amount of gold in the universe. and there only ever gonna be 21 million btc.

>>15223434
i link you to one of the most trusted bullion dealers who specifically state that there is more above ground gold than silver and you still keep up your delusion by telling me about the mining ratio for the 4th time.
You need the rope.

>>15223473
no i'm realistic. it's scoundrels like schiff and maloney are the disingenuous ones even tho i enjoy listening to them sometimes. i pity the fools they tick into holding boomer rocks.

even tho everything is set for gold to have a nice time right now. stocks are lined up for slaughter in 2020. 2008 comes back with a vengeance which coincides with trumps mania about weakening the dollar. still i think gold bugs will get burned like crazy. shit is not going to play out in their favor. in deflation cash is king and all assets including gold take the fall. the following economic troubles potentially will disrupt the american way of life. at that point everyone will have bigger worries than shiny inedible rocks they will sell them at 1/4th the buy price.

>>15223485
>most trusted bullion dealers
i wonder what could be their agenda... anon... i gave you the actual accurate statistics gold silver mined ratio is 1:8 to 1:9 past present and future. there is 8 times more silver above ground then gold. these are fucking facts. not up to interpretation.

>>15219976
market is now at resistance, they will dump on you soon

>>15223517
oh and most importantly you can't run with your gold. if you ever become a refugee which is more and more likely to happen as the days go by, you will not be able to take your gold stash with you on the plane your bank wires may be stopped too. look at cyprus! look at greece! venezuela! and next one may be italy! when will you fags realize that if you can't take something with you across a border freely it's a shitty escape vehicle?

>>15223517
im sorry you missed out on owning pms now that they are too expensive for you. you still really havent elaboreted why goldbugs will get burned, besides some personal ideology of yours. Im not really sure you have the clarity of mind calling a five thousand year old commodity a scam, while your alternative is the crypto scene.
>>15223556
its already tested that twice, and bounced back to 15
>>15223576
Again, i doubt you are being sincere.

>>15220389
USLV

>>15223051
Bars have lower premiums than coins and, when selling, you lose a greater percentage due to potential costs of assaying. Generally speaking, if you buy good quality coins (coins minted at world class mints that are very difficult to counterfeit due to the amount of pressure to produce clean strikes), there is no need to assay. Visual inspection is enough.

When it comes to gold, you can buy either coins or bars in assay packages. The bars in assay packages have lower premiums than coins and if you buy from a product made by reputable refiner, I don't think you'll run into the assaying problem when selling. I've personally bought bars from PAMP Suisse and Heraeus (kinebars). Credit Suisse is also a well-known brand whose bars you can buy.

As for silver, since it's so inexpensive relative to gold, I'm not aware of any large bars that come in assay packages. The smaller bars in assay packages aren't worth buying because the premium is so high. Personally, I think you're better off buying coins because if silver does skyrocket, you won't care too much about the premium you pay. The premium on American Silver Eagles is about $2.50/oz at APMEX (the premiums on silver Canadian Maple Leafs should be even lower) and if you think silver will hit $40+/ounce, you should be able to recover the premium when you sell since you ought to be able to sell at higher than the spot price at time of sale. If you insist on bars, you should buy bars that are from well-known producers and have tightly controlled weights/sizes. I actually own some 10 oz silver bars that APMEX produced so when I sell, I'll sell back to them.

As for literature, sorry, there's not too much to know. Buy product from trustworthy producers (US Mint, Canadian Mint, PAMP Suisse, Credit Suisse, Australian Mint, etc.) from trustworthy merchants. Know the difference between allocated and unallocated metals when not taking physical possession.

>>15223595
>now that they are too expensive for you
are you fucking retarded?
>Again, i doubt you are being sincere.
that's because you are brainwashed by goldniggers.

>>15223178
Cant fathom how stupid this post is.

It hurts my brain each time I read it.

>>15223289
I'm looking and it's offering 10 silver rounds at spot price.

https://www.jmbullion.com/starter-pack/

Not a bad price and if you don't have many thousands to spare, this is worth considering. I've never used JM Bullion so I don't know how reliable they are. Personally, though, I don't like rounds because they're not as nicely minted as coins from a world class mint. But coins from a world class mint always carry a premium when buying. If you're an American, I'd recommend American Silver Eagles or silver Canadian Maples. They're highly recognized and you'd be able to sell easily when the time comes. However, the starter pack is something where you won't have a guaranteed immediate loss since they're selling at spot price.

>>15223732
https://findbullionprices.com/closest-to-spot/?category=gold
https://monumentmetals.com/1-kilo-silver-bar-secondary-market.html
heres a kilo for .50 over. I remember them for under $500. thinking bout buying one

>>15223732
you give waaay too much importance on govt silver. its a commodity, best case scenario, you get a buck over spot for a govt coin. Everything else is spot, or less if they jew you. Premiums you might not get back unless you sell to a collector.

>>15223576
You are correct that in a deflation that gold and silver prices will crash and that cash will kick ass. BTW, a deflation will also destroy Bitcoin.

However, what you're missing is that the central banks will not allow a deflation because that would mean a lot of the wealthiest people and institutions would eat it as all the bonds and debt backed securities totally eat it. Don't believe me? Why did all of the central banks go to zero interest rate policies and quantitative easing after the 2008 financial crisis, which should have been a deflationary spiral in the wake of a credit bubble bust?

>>15223794
i'm not sold on that the same trick will work twice. oh they will try. but they managed to make the problem bigger even monstrous by this round. if italys banking system collapses triggering a cascading bank solvency crisis in the eu the cards will be out of central banks hands.

>>15223794
silver went from 24-11 in one year. then it took off in the credit crunch. I dont doubt it might get hammered in the near term, but pms really arent a near term thing for me, so?

>>15223762
>you give waaay too much importance on govt silver. its a commodity
It's easily recognizeable and some years ago, I was watching buy and sell prices on coins. The government issued coins are highly liquid and fungible. Except for people with very limited funds to invest in precious metals, the premiums are not significant and I get a sense of ease of mind that the coins are authentic, easily recognizable, and liquid.

>>15223821
You did not read Ben Bernanke's paper, "Making Sure 'It' Doesn't Happen Here." The central banks absolutely will inflate again (and more importantly, they absolutely can) and that's practically guaranteed unless they are somehow able to foist their shitty paper onto someone else for some hard asset. The problem for the central banks is that the next inflation will likely help debtors.

a few months ago i got my tax return and was torn between buying a whole bitcoin or some gold

im so glad i bought my first bitcoin at $3,900

>>15223829
I was specifically addressing the Bitcoin proponent who believes that gold and silver will get waxed in a deflation while not realizing that Bitcoin will get waxed as well and probably even worse. I strongly suspect there will be a disinflationary period (recession) where paper money actually gains a noticeable amount of purchasing power--during which period stocks will fall in price and precious metals will likely fall in price--but the central bank response will the unleash the inflation hellhounds. At that point, paper money loses purchasing power, bonds fall, and precious metals rise.

>>15223903
you smell like a shill. Silver is silver, gold is gold. You pay for a fancy design on the front, someone else probally wont. ASE love is boomer shit. Go volume, then when you have your weight in silver, you can get picky.
>>15223940
a year before, it was at 17k, you would have been ruined.
>>15223959
whats crazy is gold is at all time highs in every other currency already, but its off over $400 USD from its highs. The usd is strong right now, it weakens, and pms go up even more. Im waiting for the deflation also, I have cash, all is well.
>>15223935
they buy assets next. BOJ is one of the largest shareholders in japan of corporations. They can keep the ponzi scheme going longer if they want until the boomers die. Remember "anythin it takes" to prop up the euro? they have a long way to go if they choose.

>>15223556
Good I won’t to load up.

>>15224011
>you smell like a shill.
And you smell like a person with a reading comprehension problem. I laid out my reasons for buying silver coins from government mints and I have stated earlier that bars have lower premiums. As for quantity, I have over 200 pounds of silver and I have a lot of gold, too. I can afford to be picky. I also said that those with limited funds may want to avoid silver coins with high premiums.

>>15224011
>They can keep the ponzi scheme
I don't know why you're arguing with me since it seems we agree. The central banks will and will be successful in reflating. The trick is to recognize that each reflation is different and to be in the right assets to not get screwed and, hopefully, profit.

>>15222240
Debt payable in gold you absolute brainlet.

>>15222133
is that quote from King Jehosaphat?

>>15219976
Holy shit silver is pumping hard. Keep an eye on the headlines! Money says that China is either devaluing further, or the situation is Argentina is accelerating.

>>15223576
I've taken 3 oz of gold (6 1/2 oz eagles) mixed in with some sacagewea dollars on a flight to Thailand and TSA didn't say a thing.

>>15223466
>gold can't be money because money is literally debt
bless your little heart, you just choose not to know better. common core would explain how fucked up your head is

This thread smells like CIA niggers

>>15221521
>10,000 ounces silver
>100 ounces gold
>100k in silver mining stocks

>>15222555
...why does it say Ebay Gold Eagle if you're talking about Silver Eagles...

>18
>$50k in silver stocks and physical
>earned it myself (except for a few grand)
Will I make it bros? All my faggot ex friends blow every dime on JDM and vape juice, my generation is fucked.

>yfw the black swan could be anything at this point

i am up 1% every single fucking day

>>15223903
>the premiums are not significant
the fuck are you smoking? i mean sure the fucking vat on silver is the worst but i count every cost that comes with physical ownership as premium. because it is. you are not getting it back at best you sell at spot.

Best PM stocks and ETF's, and pricepoints you would consider buying more at?

>>15225602
Bump, serious question.

Now that global easing has begun, and I have no precious metal exposure beyond $100 of SLV, I want to know more.

>>15226897
>JDM
cars?

You're doing a lot better than those dummies, but you should never be "all-in" on any one asset, regardless of this thread title.

If people are spending as much on vape juice as you suggest, then I'm very happy owning a bunch of shares of MO in my IRA, DRiP of course. Would love to see those babies grow if/when we do get a recession.

>>15224887
they didn't say anything when it's not a crisis try that when the dollar is getting devalued and gold ownership for private citizens is banned again (except for holding on gov account).
>>15224933
you still don't get it even tho i explained it very clearly a couple of times. money has to be debt or it would not be useful as money. all money ever was debt except for "commodity money" that was consumable but that's not very good money because it has a shelf life and degrades easily.

>>15219976
where to buy 'tokenized' gold?

>>15227246
Oddly enough even tho you are joking. Pm is planning their gold back token

>>15224291
no debt payable in goods and services of your choosing. that is what money is and ever was. you take that away and you take it's value away. doesn't matter how rare the element you use for your coins. for example tantalum is much more rare precious metal than gold. yet it is cheaper than gold. because it's all about what people are willing to give you for it. if there is hunger a gold coin will not buy you a loaf of bread.

Dude its 2019 I don't want to buy rocks

>>15227259
I'm half joking. Pm?

>>15227272
Perth mint

>>15225602
thats where they got their price average from

>>15226897
they will call you Boss

>>15227233
>money has to be debt
dumbest shit ever posted

GOLD, AEM, or KL?

>>15221068
Fuck the haters those coins look cool as fuck.

>>15227609
>dumbest shit ever posted
that's because you still don't get money. you don't understand what it its what gives it value and what it's purpose and why it exists.

>>15221068
>shiny rock vs fourth industrial revolution

>>15228557
Shiny rocks don't need electricity or internet to have value...

Ignoring the issue of assaying, in a crisis situation won't the merchant just haggle you down when you try to sell the bars?

>>15228706
It always pays to be the one who has the money, not the one who needs the money.

>>15228706
worse, a baton to the head of some retarded soiboy trying to sell his bars is more than enough. They all expect central security not to break down