/biz/ - Business & Finance

#HerTurn

>>15247702
I just inherited about 20lbs of silver from my boomer uncle who recently passed. What am I looking at?

>>15247702
>>15246664
silver spot price in € 15.48
cheapest 1 oz silver coin 18.15

€ 2.67 premium over spot
WHAT THE FUCKING FUCK IS WRONG WITH THOSE FUCKERS

THAT'S INSANE

>>15248152
you're looking at a lot of silver

>>15248152
20lb is about 300 oz . That's not worth much USD right now, but under historical norms, it should buy one moderately sized house outright. So hold that silver until it's worth the same as a house.

Massive gains my ass

>>15248360

I agree with this 100%

oh look, its another schizo thread. Let me guess, the world collapse apocalypse is coming soon any moment now and the only thing that can save us are magical shiny rocks right?

>>15248401

pretty much.

apocalypse imminent

>>15248360
source on historical price of silver?
also, hasn't the silver supply increased by a lot?

>>15248401
Is there a dedicated discord fudding metals?

>>15247702

>>15247702
Just because you say so right?

>>15248401
You don't need a world collapse to make a profit from silver and gold. Even minor recessions will make me a profit.

Anyways, to me gold/silver are just good hedges against inflation. That's it for me.

>>15248434
Just go look at a chart dummy. $400oz is fucking incoming.

>>15248401
the eternal butthurt crypto poster is back

7 billion people know the worth of gold and silver
Less then 1 million people know what is crypto

You decide

Actually buy both kek

>>15248360
This is my first time posting in biz and I got real advice. Thank you for that. I'll throw them in the safe with my dad's fugio cent and let em appreciate I suppose.

>>15248401
t. werewolf

im ready for you with my silver tipped bullets.

>>15247702
why are (((they))) scared?

>>15248401
>0.000001 rupeecoin has been added to your street sewer bucket

>>15248274
Premiums rise as mint supply dwindles
They are running out of silver to sell hence raising premiums to dissuade purchases

>>15248274
Damn you euros get shafted. Can buy our boomer rocks for like $0.70 over spot on jmbullion

Wow! My shiny rocks just went up 3% this year!

>>15248439
Yes they are jewish paid shills
Their talking points are
>boomer metals
which is low energy fud, usually comes from ESL shills
>shiny rocks
Same as above
>asteroid mining will kill metals
fud that will never happen. Tech doesnt exist and even if it did it wouldnt be profitable
>premiums
practically nothing
>no uses
The most low effort fud
>no ROI
Only asset that has out performed gold in the last 20 years is crypto which is a superficially inflated bubble that can/will drop 90% in an instant
>its too heavy

They all talk about the same dumbass shit. They are all jews FUDing that all stack as much as they can buy

>>15249473
>shutitdown.jpg
Can’t let the cat out of the bag just yet, they will manipulate through the futures market as long as possible, (((they))) are pulling out all the stops to keep the lid on this shit. Not for long though, longs will demand delivery soon enough and then we moon
video related. Ted has been trying to expose these crooks for decades. I am glad to see this shit erupt before ted dies.
https://youtu.be/wLqH12A9UT0

Real talk, how do I invest in gold should I buy physical or etfs and is better to invest in gold or the gold mining companies if were headed into recces ion

>>15250023
Buy both physical and mining stocks

silver mining will always prevent the price from getting too high, it has a low stock-to-flow ratio, trade it out for both gold and bitcoin OP.

any ideas on how to sort of, you know... "skip" taxes when purchasing pm? 9$ on 5 oz is killing me. silver eagles are technically us currency so why do I pay taxes to exchange dollars for coins

>>15248539
>muh chart
>no muh due-diligence
besides, are you referencing the several months long insane spike (to $40/oz not $400/oz) in 2010-2011 that immediately crashed back to normal?

listen, I want to agree with you here, you just have to say something I can grab onto.

>>15249747
Obviously the tech to mine asteroids doesn't exist yet but it will eventually. We will at least be mining the moon within 15 years for helium 3 and gold will follow. Pm's have another 30 years max but there is still profit to be had until the boomers die out

>>15248274
Look at the real price...

>>15250655
for this to happen some real real real fucked up shit has to happen.

>>15250685
You mean like all global currencies collapsing like we are watching?

>>15250738
the $ or € has no value by then and 700$/oz means nothing
1 oz is worth whatever the other dude is ok with to barter it against

>>15250655
>>15250738
based and silverpilled

>>15250655
Funny if i would go by those prices my PM stack is worth as much as my entire Networth atm.

>>15248274
>MFW I ordered silver a week ago and I'm literally making money on it while it's still in transit!
Feels good man!

>>15250580
Dude we are not gonna be technologically progressing much longer, after this bubble pops all innovation will slow to a halt. Fall of Roman Empire style

>>15251247
we are on the edge of multiply technologies that are going to change everything
>space flight commercialization
>quantum computing, byebye bitcoin
>fusion & battery power storage

>>15251978
> all capacitor everything
> post battery human renaissance

>>15251247
This. Society is debating whether a female can have a penis or not. We are fucked.

I want to buy PM.
But im a poorfag and only have a few thousand €.
Is it even worth it to buy PM with this small amount of capital?

If yes, gold or silver?

God fucking damn it, why can't you cunts keep it in one thread?

Have a /pmg/ so there isn't 3 discussions spread over the entire catalog.

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.

>>15250023
>kek behelit

>>15250382

You don't buy physical, the premiums are too much.

If spot price for silver is $17 an ounce, and you buy a silver coin for $19 because of the taxes and the margin for the dealer, guess what price the dealer would give you for it if you wanted to cash out the next day?

Spot price.

Coins are dog shit. If you're buying physical silver you need to buy in bulk with bars.

It's way easier and cheaper to buy an ETF for silver or gold.

>>15252995
>don't buy physical

>>15249724
20% actually

>>15252995
> don't buy physical

>>15252861
>complain about multiple threads discussing a huge entire asset class.
/biz/ is a precious metals board now. Try to keep up.

>>15252995
Look at the price for a silver 1oz on Amazon and Ebay.

Even with ebay's 10% you get FAR more than spot.

When Safex launches (fixed 5% commission) the resale prices will be even higher.

Go away (((shill)))

>>15252995
Yes goy, give me your fiat in exchange for an IOU

Also
>not buying Krugerrands

>>15252995
>HE DOES NOT BUY PHYSICAL

PFFFHAHAHAHAHHAAH