/biz/ - Business & Finance

>>15248149
Why are my silver mining stocks tanking rn AAAAAAAAAAAAAAAAAAA

Moved half my shitcoin portfolio into silver yesterday. Feels good.

Silver and gold going to take us to Mars.

>>15248149
how much silver recommended for poorfags? in ounces

>>15248342
100 if you are really poor 50

2 Kilo Is Enough

asteroid mining

>>15248487
Anti silver propaganda to pump shitcoins and fiat denominated equities

>>15248355
I bought Silver when it was still cheap. Only 4 ounces tho. I'll accumulate and get /fit/. I've heard Venezuela is a nice place to sell shiny rocks

>>15248487

how much asteroid mining have we done?

how much do we know about it?

have we ever landed on an asteroid?

is it possible to land on an asteroid?

if we land on an asteroid that is not in the earth's orbit, is it possible to bring the metal back to the planet?

ok, so maybe we need to shove the asteroid into orbit with the earth in order to mine... how much power does that take?

will we only be able to mine small asteroids?

in what year will we see our first ounce of gold from an asteroid on earth?

>>15248621
and how much in total rocket fuel and research money will each ounce of gold cost?

>>15248395
hardly

150k paper silver holder checking in

Am I gonna make it

>>15248661
>paper silver

>>15248661

no.

When you want to withdraw your "silver" you will find that there is none in the vault.

Silver in the ETF's goes to the bankers first and to the common people never.

>>15248661
withdraw

>>15248661
Get that shit out. JP Morgan already stole your physical stock guarantee. You should get the physical and store it somewhere no one knows about. Im talking hidden wall safe you plaster over and shit

>>15248661
Trade it in for physical silver & gold. I'd wait for gold silver ratio to close before gold though

>>15248149
i have 1 piece of gold and 30 pieces of silver
to remind me forever to the folly of metal and never to trust a jew

>>15248661
Nice B8

best dealer for buying silver?

Are you silverfags accumulating to speculate on the price or longterm (10-15 years) investment?

>>15249754
to protect your wealth and most likely to gain more wealth. I won't sell that shit after a 2x FIAT money is doomed to inflate like crazy in the next years

>>15249754
>longterm (10-15 years)
very bullish, the last 10 years its been on sale

>>15249720
Jm bullion, sd bullion, provident metals, ampsec, just to name a few. Also if you have a local dealer or coin shop, it's not a bad idea to check them out and get a rapport going.

>>15248149
dont buy gold between 1500 and 1600

>>15250011
Yah but y

>>15249720
I've been using apmex (expensive, shitty service but fast, reliable, huge selection), and a local coin dealer (high premiums on some things, but good service, no shipping fee, take it right then, can pay cash). Some say ebay, but I don't trust. I'd say to start, just buy whatever silver coin your country mints, silver eagles US, maples Canada etc

>>15248149
Where do I buy silver?

>>15250082
heavy resistance between those price, likely to reject.

>>15250102
a store

AMEN TO THAT

>>15250126
but gold is going to $5000-10000

>>15248149
>Buys silver
Thatl be a 10% fee plus tax.
>Sells silver
That will be a 10% fee plus tax and tip. What? I have to make a living too!

>>15250841
try 35%! because it has fucking vat on it too.

what is the ideal gold:silver portfolio?

>>15251313
1000 oz silver
10 oz gold

>>15251313
IMO, 20% gold, 80% silver. Just do some basic TA, its apparent that silver will outperform gold. Its barely moved while gold is up a lot and its a tiny market that moves fast once it does. More goyim can afford silver than gold which is also a benefit.

>>15251330
If I understood coreectly, spend slightly more on silver? thanks

>>15251414
My goal is to stack silver in order to flip for gold when the ratio closes maybe around 50:1

>>15251470
Nah, wait longer. At least 1:30. If you look at history, silver has been 1:15-:1:20 with gold and now the world has way more globalization and money to pump in to each market. It wouldn't surprise me if the ratio becomes even smaller than it has in the past.

https://goldprice.org/gold-silver-ratio.html

>>15251313
They're completely different metals with completely different markets. There is no "Ideal ratio". It's like asking what the ideal gold to copper ratio, or tin to palladium ratio is. It's better to decide why you're buying. Silver is much more likely to bring you to lambo land when it does spike (the question is usually when, as it could be decades in between highs), and gold is more stable if you want to preserve purchasing power (but if you buy high you'll still be pink in a gold recession).

>>15251414
Silver bagholders keep saying the same shit

>>15251531
Its true though. Takes patience, just look at the history of gold/silver bull markets. We haven't entered that phase yet. Its the same with crypto, even though BTC went up a fuck ton a couple years back many of the alts went up more % wise which is more important than $ wise when it comes time to sell

Precious metals get crushed in a deflationary scenario.

You've been warned.

>>15251527
I just want to keep my money safe untill the recession so I can buy the dip. I'll buy gold then.
Btw, I've heard the news G:S ratio isn't normal since this summer, even from CNN. But who's gonna correct the rightful ratio? Why anyone is obliged to buy silvers to keep the ratio right?

>>15251588

>>15251588

>I just want to keep my money safe untill the recession so I can buy the dip. I'll buy gold then.

Then you're gonna take a haircut. Gold gets crushed along with stocks during a market crash.

Look at 2008/2009.

>>15251581
>deflationary scenario
So would housing and stocks and everything else of value. It's never going to happen.

Silver halved in 2008/2009 from $20 to $10 in 2008/2009.

Gold went down 25%.

Precious metals are meant for INFLATION. If you think there is inflation on the horizon, buy it. If you're just buying because your fear a stock market rout, you're buying for the wrong reasons.

>>15251719
Turns out I don't know a shit about economy. Better buy a car for myself!

>>15251668

It's exactly what happened in 2008/2009.

Everyone moves from stocks and real estate into cash.

Gold is a bet against the dollar.

>>15251806
It's worth having a hedge, particularly since now you have guys like Ray Dalio saying to park some value in PM's, and you have the economy section in the papers starting to refer to the trade war with China as a "currency war" now.

>>15251555
>____ went up more % wise which is more important than $

>>15251865
You might be missing my point. What I mean is, if gold went from $1500 to $3000 and Silver went from $20 to $100, silver is the better investment

>>15251780

Just educate yourself a bit better. I put $2000 into Silver in 2010 @ $26 and rode that shit up to $50. Didn't sell at the peak, sold half at $40. Still have that other half now, but thanks to currency movements I'm ahead (AUD is my native currency)

In retrospect buying a US stock index or Bitcoin would have been the smartest choice, but you don't understand things when you're young.

>>15251894
not to be snarky but i had your back fool. i already done the math long ago and came to the same conclusion you did. the blank is just whatever you want, be it silver or alt coins

>>15251933
Yea its sort of the hard concept for some people to get in their heads I've noticed. They get too excited by a price and not the actual performance. I used to obsess over prices but started making gains when I understood actual market performance

>>15251831

Yeah, and for inflation alone you should have Gold.

Thing is, monetary expansion =/= higher gold price. Everyone thought that we were going to get massive inflation from the monetary expansion following the 2009 bailouts, but it never eventuated. Gold peaked at $1900 and fell back down to $1080. It all went into stocks and real estate.

Prices of general goods went down because most of the consumer goods in the US market are made overseas and the things that aren't rely on cheap foreign labour within the USA or automation.

A trade war has the potential to cause the inflation and raise the price of Gold, but it also has the potential to tank stock markets.

Maybe it will do both.

Just be careful if you're buying precious metals is all I'm saying.

>>15248149
well that is a long target to achieve, go for something smaller and achievable like, go for telecoin

>>15252017
Worst case scenario, the prices go up again some other time. I mean I hate to be that "store of value" guy, but at this point I'm not losing money on it unless something *forces* me to sell under what I bought at.

So it didn't happen? Meh, price will still fluctuate based on market forces as it historically always has, I'll get in next time.

>>15251933
>>15251979

If you're not thinking in percentages you're not thinking at all.

Price literally doesn't matter. It's the percentage gain or loss that you get when you sell.

>>15252051

Opportunity cost.

Since everything is fluctuating in price (yes, gold fluctuates when priced in dollars same as any other commodity), that means that particular asset classes are more suited to be held in different scenarios.

Example.

You buy gold at $1500. It stays at $1500 for 3 years. During the same period, a tech stock was $15 and in 3 years time has gone to $45, but you didn't buy because all your money was tied up in Gold.

That's an opportunity cost potential gains you could have made.

>>15251900
https://www.economicshelp.org/blog/2314/inflation/inflation-and-the-recession/
crosschecked and it seems u r right

>>15250102
apmex

>>15248149
amerilard """""liberty""""" virgin
CANADIAN MAPLE CHAD

>>15250102
google <your town> + "bullion dealer"

example:

seattle bullion dealer

works every time.

>>15251516
i've heard people say it could end up at a 1:1 ratio, but I'll believe it when I see it.

>>15253176
Lowest I've seen estimated is 1:15 which seems possible in my head, 1:1 seems like a stretch but who knows in the clown world

>>15251719
if I was in charge of all this global debt, I'd be doing whatever I could to hyperinflate. Deflation is not happening.

>>15248605
>Only 4 ounces
You can't even consider it an investment at this point, it was like $60 fren.. You go nowhere with this kind of nanobags. You missed a great opportunity because it will never be as low as it were in last sept/oct.
I myself bought a little stack (150oz) just the day it bottomed out last september, feelsgoodfren. I did lots of research about silver back then and it was clearly the best investment possible around $14/oz. Now it's $17.50 it's a lil bit less attractive but still waaay underpriced (190$/oz incoming). I regret not buying more back in september but i'm an poorfag on neetbux and didn't wanted to put all my eggs on the same basket.

>>15251104
>mfw there is 0% tax on buying and selling silver coins
>mfw i live in the most taxed country on earth (47% avrg., IMF stats) who also happen to be the most jewed and niggered socialist shithole imaginable.
Idk why they forgot to tax silver but everything else get insane taxes level. We are the only country who have a fucking tax on a tax (VAT on TPPB on gas), it pretty much sum up the absolute clown state of this Honkhole.

>>15251313
0 gold : 100% silver is the only good ratio for the frens who really wanna make it

>>15248149
How are you even supposed to buy silver without getting rapped on price/fees/shipping/etc? Seems like it would have to go up at least 20% to actually make money on it after you sell.

>>15253495
Most have an amount you can spend that voids shipping. JM bullion for instance, lets say you spend $180 on a 10 oz silver bar, orders over 100 are free shipping.

Ignore my autism buying that branded Texas bar that is slightly more expensive. I like to collect different types of bars and I'm fine paying a few bucks extra for something interesting. Silver is at like 17.30 ask right now, cheapest is if you want any ol 10 oz silver bar regardless of condition for 178.30.

Just make it over 100 per order and you're saving quite a bit as opposed to nibbles.

>>15249219
Gold is going to 50k

>>15253591

it should be 18,000 right now, 50,000 is not totally crazy

I havent bought silver before so i weng down to the local silver and gold shop and bought 2 silver franklins and 8 quarters for $43.

What is the gold banking's advantage against GLD?

>>15253765
local shop charges 40% more kek you got totally jew'd

>>15253872
Fuck. Should i just buy online?

>>15253931
apmex anon

>>15253939
JM Bullion is cheaper than APMEX and SD bullion is cheaper than JM Bullion.

>>15253971
I am only loyal to Apmex I guess just because of all the great experiences I've had with them and that they sometimes have low premiums but yeah if you are just starting then you might want to start with someone else other than apmex.

>>15254078
I used to order from APMEX, then I moved on to JM Bullion. Now I only order from SD Bullion.

Money has no loyalties.

>>15254093
eghh true. Ill check out JD.

>>15254093
SD* I mean

>>15254211
yeah do that. Those small price differences add up.

>>15253424
around here only gold bullion doesn't have vat specifically exempt. and you of course pay taxes on your "gains" when inflation fucks you in the ass you they rub it in.

>>15253638
What's your take on silver?

>>15250102
https://findbullionprices.com/closest-to-spot/
>>15250126
its bounced off 15, what, 3x now?
>>15250841
blame your govt
>>15254078
i quit fucking with them after they canceled my order
>>15253495
if you are after profits and fiat, use the paper market dumdum
>>15253424
15 trillion in negative yielding debt globally
gold is eternal
>>15253125
pic related, im starting to think these are shill threads
>>15251900
a lot of boomers also got fucked hard by $40 silver. will they set the ponzi scheme back right like they did in '09 this time? who knows, but crypto has earned some followers because of this. Ill be happy if it gets to 30ish, and i double my money.
>>15251588
the dip was back to 1k after 1900. you missed it by years. youll be lucky to get to 14 again.

>>15254629
fucking pic related

>>15254639
Did the silver price go up $100,000/oz over a single night? What happened?

shill me some gold and silver stock tickers to look into

>>15254743
it was at 15.27 and now its 17.23
again, fuck apmex but whatever i bought some gold with the money

>>15254756
You don't really understand what's happening do you?

>>15253495
Silver is slow. Track your premiums as percentages and let inflation compound over the years until it is greater than the price you paid for the premium. At that point you are effectively profiting off of your silver and you can sell it without losing any value used to buy it. Same for gold but with lower premiums it takes less time.

>>15253931
Apmex takes Bitcoin.....not sure about the others

>>15254850
This is exactly why I invest in both. Keeps my money out of the USD.

>>15254872
oh no the strongest currency this year, oh the horrors

>>15254850
JM and SD bullion also take Bitcoin. They are cheaper than APMEX too.

checkmate

>>15254895
The funny thing is that in every bullion selling website I go, there are 0 reviews for that coin. Nobody is buying them, not sure why..

>>15254895

Silver has VAT in the USA? In my country its 21% silver and gold doesn't have

>>15254941
Sales tax. Pretty sure that's it here. Someone can correct me if I'm wrong.

>>15254941
well stainless probably, were not that rich
>>15254957
not generally, but some states like CA do under $1500

>>15248149
I wish it was tokenized on ETH like USDC but DGX didn't really take off.

To the no metalers out there, highly recommend going to a coin shop and just getting a bit in your hands. Try it out as a part of your portfolio. See how you like it for a while. Can always sell

>>15255042
Remember there is not enough gold for each person to have even one full ounce!

>>15255049
rlly? post charts

>>15255049
The same for silver.
0.7 oz per person.

>>15254895

Oooof

>>15248149

>tfw I inherited my Grandpa's silver coin collection, heavy 19th century Morgan silver dollar bags.

Bought another 20 silver eagles last month before the most recent move up.

Should I convert my gold out of goldmoney.com and into physical? Not sure if the meme value of having gold shekles on hand is worth more than the meme value of having gold in a swiss vault.

>>15254919
>not sure why..

>>15255105
>less silver than gold available worldwide
Help me understand this meme.

>>15248149
What does that mean (for someone who is a brainlet but likes money)

>>15254895
poor gold

>>15256364
>>15255533
Don't let racism blind you from making money.

what's the best place to buy

>>15248643
good luck getting an answer from space mining fags who think we are on the cusp of some asteroid mining industry.
The economics of mining in space especially considering the debris caused would make asteroid near impossible right now.

>>15248797
bury it deep. and have a stack that ppl can confiscate

>>15256420
You won't get much premium increase over time if that's what you're hoping

>>15256309
Funny your chart stop in 2007 because soon after the production worldwide started to decline at an alarming rate and many of the biggest silver mines stopped their activities because it's not profitable for them to mine with an ounce under 18$. Meanwhile the industrial uses for silver exploded with big tech needing it in basically any electronic device. The price was only able to be suppressed that much because of big banksters conspiring and producing more (((paper silver))) than for any other metal. Especially JPM and DB who worked secretly together on this, a huge trial will soon take place in the EU justice court for price manipulation of silver&gold and conspiracy.
JPM will be forced to admit they stacked 800+ millions oz of physical silver in secret vaults managed by the DoT since 2010, making it the largest holder worldwide in the history of mankind. They could never have stacked such ridiculous amount without depreciating heavily silver via aggressive quantitative easing.

>>15256552
I know because there was a huge mintage of 100K.
It looks cool and the premium over spot wasn't so much. APMEX had it on sell.

>>15256651
Yeah I know APMEX had it on sale. That's why I know it's not that popular.

https://www.youtube.com/watch?v=Zci9z_gLMrQ&t=17s
a MUST watch video to understand how extreme is the manipulation of silver price, and that's only the tip of the ice(((berg))). Now it's 10 times worse and we could see an incoming fight post currency implosion where the US and EU try to get silver backed currencies while Asia, India and Russia try to impose a gold backed currency. That's why they are stacking so much gold since almost a decade while the US have secretly stacked silver and used front companies and hedge funds to buy all the biggest silver mines in south america and africa.
Gold VS silver will literally determine the new world order.

>>15256687
Sun (gold) moon (silver)
A sun will rise in the east & eclipse the moon, causing the sun to turn black.
Before the advent of Christ, first must come the Baptist. Who will be like a purifier to the silver.

>>15256866
Based and mystery School of the Horus Eyes pilled

>>15253188
In clown world, silver flips gold.

>>15256579
Based and redpilled and high IQ
once JPMs stack is confirmed/admitted is when the big boys FOMO in and we moon

>>15256687
This anon fucks

>>15256579

Don’t forget that buffet went all in on JPM. He knows they are going for a moon mission

>>15256687
>you will never host a shooting comp to build a cowboy army to protect your billion $ convoy of physical metals to their secret vaults
That's so fucking big dick. What am I even doing with my life

>>15254639
I'm trying to imagine what would happen if I came in Saturday night, turned on 4chan and heard that Iran hit a US aircraft carrier with a missile and immediately got on Apmex and bought a monster box of silver before the market opened Sunday night.

>>15250102
localsilvercoins

>>15257471
*Order canceled*

Is it true that Silver battery's are way better than Lithium-Ion batterys? say for an electric car

>>15256579
thanks for posting this chart anon
you nerds should take a look at this because its screaming

>>15257753
Outstanding paper contracts should be included in "demand"

>>15257794
>markets face when

>>15257753
I only know how to read meme chart, please explain this.

>>15257857
we have been using more silver than we can mine for longer than a decade. the difference is being made up buy melting grandma's old spoons

>>15257753
>>15257829
>>15257857
>>15257878
We use more physical silver than we mine. Also nearly 50% of all above ground silver supply is now sitting in landfill. 50% of all the silver we ever have mined is sitting buried in dumps

Attached is the revised demand when you taking into account paper silver traded on the market.
They aren't typos.
500 BILLION more oz of silver is being traded on the market than can be physically delivered

>>15257948
bullish

>>15248342
1 oz of silver is 10 chickens, at least accumulate to the amount of chickens your family need for 6 months

>>15257948
With these numbers, buying futures is risky,
and unfortunately, buying physical silver is subject to VAT in many countries.

>>15248149

Hecla Mining (HL) and Gold resource corp. (GORO) are stocks to be in. Silver goes up to 30x, these stock will surge 300 %