/biz/ - Business & Finance

>GOD'S MONEY

Silver Nigger Inc.

A /biz/ owned prospecting business

I am your president and head Geophysicist.
VP has been given out already.
Looking for accountants and people with heavy machine experience.

What portion of your guys' portfolio is in Silver/Gold?

Thinking about buying something like 1 1oz gold and 100 1oz silver bullion coins to start as as a hedge against the bond market bubble

>>16707387
I don't have any experience but due to being present when the company was founded I demand a supervisor position.
Starting salary $65,000 USD and if any silver from my crew ever goes missing don't come asking me (it'll be in my pocket).

>>16707468
Ah yes of course. As supervisor roles at Silver NIgger Inc goes, SNI does not pay their niggers. But you are free to have the job.

>>16707263
What's with the yellow and red marker stuff?

>silver dumping
Yea I'm finna gettin my wallet out it's accumulating time

Anyone in Toronto bought from GoldStock before?

Seems like a highly rated dealer and I want physical bullion.

>>16707510
Reflection bro, where are you?

Eurofag in Eire, where best to buy shiny rocks

>>16707387
I have heavy machine experience. I build CNC machines for the Japs. Long time metals investor too. I even listen to metal.

Silverchads rise up!

>>16707387
I call head field geologist position. Were going to need a lot of investment to gather properties and equipment but I am sure many of us already have most of the stuff we need to get started doing sampling programs

So if I want to buy some bullion I should buy silver?

Not looking to have a big position in it, maybe 100oz to start

>>16707387
Also have we desided on where were going to be exploring first? Are we going after new finds or are we going for abandoned workings?

>>16708431
That's a perfectly acceptable amount for your first purchase

>>16708431
If you’re only putting in less than a 2k position, I’d definitely recommend silver 1oz rounds.

>>16708261
>I even listen to metal.
Whoa, whoa buddy! You seem overqualified!
>>16708431
What weights? Maybe stay away from large size coins/bars

>>16708539
Was thinking of buying 100 1oz coins

>>16708539
>Whoa, whoa buddy! You seem overqualified!
You mean I’m a shoe-in?

>>16708447
what do you recommend for 1000+ stacks?

>>16708570
If you’re shooting that high, get some 1oz gold right off the bat. Then when it comes to silver, it depends on the product. Not all silver bullion will be easily liquidated and a lot cannot be got without paying premiums. If you’re going for 1000+ I’d get at least one 100oz bar that has a serial stamp. Then maybe 250oz in low premium 10oz bars, again try to get serialized bars. The rest go for 1oz coins with semi numismatic value, you’re more likely to get your premiums back and liquidate easily. Check out your tax laws too. Try to keep your weight in either 1 or 10oz. Don’t go for odd sizes because people can’t do simple fucking math these days.

>>16708665
Also, I wouldn’t avoid Platinum at this price either. I’ve personally never seen it under $1000 for the longest time. Forget about palladium and rhodium, shits overpriced and 99.9% of the population has no fucking clue what they are.

Silver Eagles are being sold on Apmex just for a little over $20. Should I buy? Normally I just buy rounds because they are cheaper

>>16708717
Are rounds actually cheaper in the US? In Canada maple leafs are the cheapest by a few percent

>>16708717
IMO an ASE for $20 is always a good trade. But if you can wait a couple months into late March and April 2020, you could probably get them for $18.50 in the US. Wait for deals, don’t let the FOMO get you, I don’t think we’re at that point of panic yet. The price of gold will be the indicator. If you wanted to flip silver, you should have bought several months ago. My plan for 2020 is just to buy the dips and holiday sales, and just STACK.

>>16708729
Maples are definitely not the cheapest. They carry quite the premium as far as 1 oz of silver goes.

>>16708795
Cheapest I can find
https://goldstocklive.com/1-oz-silver-maple.html

>>16707415
99.9% IN GOLD AND SILVER, THE REST IN SIGNED COPIES OF MEIN KAMPF

Some good conversation about precious metals manipulation on today's McAlvany podcast https://youtu.be/AOiBk7t6DzQ

does silver actually have any use or is it only valuable because people say it is?

>>16709120
All modern tech needs silver to operate. We need silver more than ever in the medical fields

>>16708795
I believe he is talking about minted coins, not just any type of 1oz silver.
Although, I could be wrong.

>>16708421
I got a rig. Can drill core to 300m.

>>16709160
Hay see now were cooking with gasoline!

I ve got a tripod drill that can go down about the same.

Any heavy equipment owners want to get in on the action?

I’m thinking of investing in silver or gold because I’m pretty sure there’s going to be a huge collapse of the dollar in this decade. How do I get started?

>>16707625
I don't get it fren

>>16707415
What bond market bubble?

>>16709195
There are a bunch of ways to get started. You can buy high grade scrap silver such as old change or you can buy minted bullion in the form of bars or coins.

How many oz of silver should I stack to make it?

>>16709209
Everyone is extremely indebted, including governments, persons, corporations, etc. Once interest rates rise there will be massive deflation and lack of investment, causing the government to inflate the money supply causing inflation but it won't increase investment because lending will be tight.

We're headed for another stagflation situation like in the 70s

>>16709277
So what should I buy more? I already have gold and silver. Seems like I need to be selling my bonds. Fuck Ray Dalio kek

>>16709277
Heard ol’ Schiff talk about this last night, and he’s probably right.

>>16709299
Gold and silver historically were the things to own during that period which is why I'm buying in now

>>16708421
>>16709160
I feel like this claim has been hit pretty hard near the river. I think the dried up bed on the bottom right is untouched. I wonder what the ground looks like.
https://www.ebay.com/itm/20-ACRE-BOULDER-COUNTY-COLORADO-GOLD-MINING-CLAIM-PLACER/174136064367?hash=item288b51796f:g:McwAAOSwcB1eAmfc

Hey it's me from last thread >>16692764
I went through with that Brittania purchase just a couple hours before the price spiked.
Feels good but I still want more. End of year repo shit has me on edge.

>>16709299
If you're already deep in metals, George Gammon (check his youtube channel) suggests buying treasury bills. Depending on how soon you'll need your money, anywhere from 3 month to one year.

>>16707263
tfw only 71 oz's of silver and 1/5oz gold. I'm not gonna make it am I lads..

>>16710199
You will be outperformed by many, but are already on track to outperform a lot of other people. Keep it up.

>>16710199
Most people don't even own a single gram.

>>16709207
>>16707510
There was a guy who was autistically peeved by the fact that the reflections weren't correct and all the serial numbers on the bars were the same.

I already hold physical metal, but how are gold and silver mining stocks?

>>16710683
Completely different asset class, you're buying equity in a company not hard money like gold or silver. Consider it a speculative investment

>>16710683
Hit or miss, total crapshoot whether they find gold or not and if they do find gold it might not be economically sound to mine it. Or they could misjudge the site and and mine anyway and the site isnt very lucrative and they go out of business or lose a large percentage of their value.

>>16709120
are you literally retarded. silver is a completely essential metal for nearly all industries.

>best thermal conductor
>best electrical conductor
>ideal for electrical applications
>antimicrobial for meds
>non-toxic for medicine and consumer products
>high reflectivity for jewelry silverware, mirrors

nothing can replace silver. it is mind blowing that it can be had for so cheap at the moment.

>>16710903
I'm still blown away that you can pretty much buy the coinage of just about every country in the world for extremely low premiums with a mouse click and have it shipped directly to your house, (((usually))) for free and tax free. That and that there are Government mints that produce uncirculated, money grade coins, and bars too, that can be bought up by any swinging dick of the general public, which historically for thousands of years is unheard of. This party will not last forever and will end the same time the fiat party ends. Buy while you can, people are seriously sleeping on this shit beacuse they're so (((distracted))).

>nearly minimum wagie
>made $8k this year just from silver and mining stocks
>basically made as much combined as my managers as a result
Feels good man. Just gonna keep hoarding and saving until it moons of course

>>16711123
What silver stock anon?

>>16707263
Give me the redpills on silver. Zoomer in PhD physics program, trying to get into precious metals trade.

I heard it's shit during the recession?

>>16710199
I think 1000 oz of silver and 10 oz of gold to definitively make it

>>16711042
The average person has no idea about anything in financial matters, most don't even understand how interest rates work. Buy all the silver you can and wait for the sheep to be slaughtered, they will only wake up when it's already 500 an ounce.

>>16711123
Nice going bro

>>16711131
Just mutual funds, I don't know much so my financial planner dad handles most of my investments.
>>16711205
Thanks friend

>>16711160
It's been manipulated for forever. As Russia, China and the rest of BRICS break away the West's ability to suppress the price using COMEX is going to be either extremely expensive or impossible.

No one knows the true price of PMs. Most of us are here because we think could easily 10x or more.

>>16711265
>we think could easily 10x or more
when? when the collapse happens? Is it safe to invest in silver like it in treasury notes and bonds?

>>16711271
>Is it safe to invest in silver like it in treasury notes and bonds?

The next crisis is a debt crisis, you won't want to hold debt instruments.

Just bought 10 ounces, my first silver purchase ever frens. Happy New Year lads were all gonna make it.

>>16711449
>The next crisis is a debt crisis,
elaborate anon, is it going to be the CLOs going bellies up?

>>16711449
another worried anon here. i have 50oz of silver and a few grand in fiat put away for rainy day savings. BUT I also have $9k in student loans+ a car loan for about $18k. how fucked am i when this debt bubble pops, and would stacking more silver help me in any way more than paying as much of this debt i have off? thanks friends. t. brain/financelet

>>16711777
If your loans are fixed rate its not going to be bad unless you lose your job. If they're adjustable you might get fucked

>>16711806

>excuse me sir, you're late on your 15087409280 USD payment

Yeah variable rates are going to get assraped like they should, stupid debt cultists deserve to lose everything for fucking up the economy with their greed. They're mostly boomers anyway, it's illegal to give out those types of loans now.

>>16711683
The Fed, and other central banks, are holding down interest rates at an artificially low rate. Market forces are putting more and more upward pressure on these rates so central banks are having to print more and more to keep them down, but more printing means more debt which means more upward pressure on interest rates. Look at what is happening in the Repo market, this market represents the extremely short end of the yield curve, the Fed is fighting to keep that rate down. They've been saying this intervention in the repo market is just short term but have extended and expanded their repo market intervention program multiple times since it started in September. It will only get worse until the Fed is ultimately impotent with their intervention. When interest rates ultimately correct to their equilibrium price governments will not be able to afford to service their debt. There are problems in private debt sectors as well. For instance:

https://www.bloomberg.com/news/articles/2019-09-06/subprime-auto-lender-checked-income-on-just-3-of-loans-in-bond

It's quite simply supply and demand, with interest rates kept artificially low (price of borrowing is low), there has been much more debt created than usual (low price means high demand). With rates kept so low for so long it was bound to create systemic problems.

>>16711777
Look at what central banks are buying, precious metals, they know what is coming. When there is a lack of confidence in the system (market crisis/panic) there will be a rush to safe havens like gold and silver. As long as you can afford to service your debt you will be fine. Are your loans variable rate? Probably not.

>>16707387
I'm an experienced heavy machine operator, I can pick a frog's asshole with a Cat frontloader.

>>16711683
The main problem is the corporate bond market. The ratings agencies are asleep at the wheel again and dozens of big names are currently rated BBB, the lowest rung of """investment grade""". When really they should have been downgraded to junk bond status a long time ago based purely on their leverage ratios.

It's a big fucking deal when a big name goes from IG to junk because pension funds and other firms are contractually forced to sell those bonds because they can only have investment grade in their portfolio. The reality is that SO many companies are on the knife's edge right now that the ratings agencies know that if they started rating honestly it would trigger the collapse of the bond market.

Meanwhile these funds are forced to "reach for yield" because they are severely underfunded. So they take out credit default swaps (yes the same instruments that caused the collapse of AIG and others during the GFC) so that a separate entity assumes the risk of the junk bonds, and the pension fund can make it legally look like they are only investing in A-grade assets. But the entity assuming the risk (like HSBC or Deutsche for example) does not legally have to retain any level of reserves equal to the notional value of the underlying bonds. So if too many counterparties default, the big banks providing insurance default as well.

It all comes down to interest rates. If those go up, companies will be forced to rollover their short-term bonds at a higher interest rate. At the same time the value of their bonds go down because the bond value is inversely proportional to the interest rate. So corporations deeply in debt (which is pretty much most of the big ones nowadays) will be left completely insolvent without more government bailouts, just like they bailed out General Motors last time.

>>16709120
If you don't understand the equity, don't buy it.

>>16711969
There are junk bonds in Europe with negative yields. lel It's insane how much of a shitshow everything is and ((("experts"))) pretend everything is fine.

>>16711969
Interest rates won’t go up unless inflation goes up, and that won’t go up unless USA passes ubi and that won’t get passed any time soon.

>>16712150
>Interest rates won’t go up unless inflation goes up, and that won’t go up unless USA passes ubi and that won’t get passed any time soon.

First of all we're at 3% inflation yoy, (That's not even getting into the fact that the method for measuring inflation has been perverted to inflate the GDP numbers so inflation is likely much higher) in the 70s we had price controls at 4%. Inflation is going higher and the Fed won't be able to stop it. The Fed has stated that they won't even start THINKING about raising interest rates until inflation is over 4% for a sustained period of time. They won't need ubi for inflation to go up, it's going up regardless. When the time comes to raise interest rates they won't be able to without popping all these bubbles they have created.

>>16707415
Why 10% of course

Started buying silver thanks to these threads. I now own 2oz

Question: I exposed my very first coin purchase to air, it is slightly corroded now.

I know I know. I just had to know what the metal feels like. Pic related is the coin (damage barely visible)

How can restore or clean the coin tho? Should I? Any protips?

Thankd biz. We will all make it

>>16712255
You clean it and it reduces in value because silver is taken off during the cleaning process. You idiot you never open shit, hope you learned your lesson.

>>16712255
It's not that big of a deal in the grand scheme of things. Maybe you lost a dollar or two in premium resale value but it's still silver.

>>16712255
>>16712522
>>16712673
If you don't fondle your metals once in a while, you don't deserve them

>He doesn't exclusively buy 1oz maple leaf coins
kek ngmi

>>16712758
Maple leafs are pretty but the old hag on the reverse ruin them.

>>16712764
How many of you are there?

>>16712758
if they put .999 pure silver on the eagles their would be no reason to buy maples, libertads are cool though and are my second favorites.

>>16707263
UK fag here, which is the best site to buy silver brittanias, I assume these are the best because they are exempt from CG tax. But from what I've seen the price will need to increase by nearly 50% to make any profit on selling it back? should I just invest in a PM fund instead? thanks

>>16707263
I am going to start a bullion selling business. For tax purposes.
If I had a SHEEEIT 1 oz silver coin minted, but it was sold for like $2-3 over spot, would any of you buy?

>be faggot that thinks having 15 ounces of silver coins will get him endless pussy in the apocalypse
>Even if it was true he still has less precious metals than your average Pajeet or African American drug dealer has around his neck

Anyone buying the American gold ounces from the 30s and 40s?

I think it's the Hermes design bust?

>>16712988
After 1933 I didn't think there were any American gold coins until 1980 something.

>>16713088
You goof, America has had a long list of gold designs.

The gold and silver coins were used every day as a matter of fact... before 1913

>>16712959
Silver and gold are for holding value through economic downturns and a protection against inflation. I invest in IRA's mutual funds and etfs to grow my money and metals to protect it.

>>16712796
in in the same boat just waiting for her to die so he can get a man *hopefully not charles* on them

>>16712796
even all over youtube people call elizabeth a reptile lol. nobody seems to like her image.
the coins from the 1960s had a sexy queen

>>16713223
>this is a 10 in England

>>16712255
Buying collectible silver is a shitty way to start, when things kick off a ounce will be worth an ounce. Buy as low as possible too from trusted dealers, also security features don't matter since it gets tested all the same when you go to sell.

>>16713167
Show me a picture of a US government minted gold coin from the 1940s

>>16713234
Would berry

Why buy silver coins like eagles and maples when I can stack any generic bar and get the same value when I go to sell?

>>16709120
It's only second to oil in uses

>>16711160
It is but it recovers faster than the stock market and if the fed does enough QE (like 2008-2010) it will probably go way up in price

>>16707263
People keep asking the same questions every thread. We need a proper FAQ in the OP.

DAMMIT
I WANT MORE SILVER
I DONT HAVE ANY PISSING MONEY THOUGH
REEEEE

Niggas iffy uh
Silver worth 50 bucks

>>16712879
Buy gold and you reduce your overhead by 20% VAT.

>>16715368
>he doesn't know about VAT-free imports

I don't see any reason to buy silver over gold. Gold performs way better in a recession everytime. What's the point?

>>16710677
Oh thanks fren

>>16715495
for me, it's because i' imagine bartering with 80x 1-oz silver bullion coins without converting to fiat to be easier than with a single oz gold coin
i just got my feet wet today by ordering 20 1-oz silver bullion coins and i don't really see myself ever selling for fiat

>>16715483
Then I should have added: you can pay a 5% premium on gold or a 39% premium on silver.

>>16712796
Count me in. The cryptokike on the back ruins them.

Is burying your coins in your backyard a meme?

>>16716248
I used to have a safe but when i lost the combination i opened the safe with a crowbar in under 2min

>>16716266
kek. What safe? I have a cheapo SentrySafe from wally world. Thinking maybe planting an apple tree ontop of 10oz of gold. Vacuum sealed, dipped in wax etc.

>>16715495
We’re hoping that the heavy silver price manipulation will end, thus revealing it’s real value and reaching a higher multiplier of the purchase price. Gold can go x3 in the next 10 years, silver can go x12. Also it’s cheap, cheap as fuck in fact.

>>16707941
Buy from Estonia

>>16707941

https://digi-broker.com/index.php/assets/?assetid=321#assets

>>16714020
Dealers generally give you less for bars than coins.

Eagles and maples have premiums but they keep their premiums

>>16707263
NUGT be like
*infinite growth*

>>16707263
Forget precious metals. Oil, and praying for collapse of current relative Middle East stability. An invasion of Iran would be nice

pamp it

Another week another 10 reptiles

>>16718893
How many more redesigns do you think she has in her?

My PM mining stocks portfolio

MAG
AG
SAND
AUG
SILV
CDE

I'm up 20% this year alone, and the fed has to do hypernuclear currency debasement to cover up the next recession. It's gonna get crazy lads, which is why you should own some physical in case the market gets closed down too.

How long do I have to buy before silver shoots up or fiat dies?
Am I too late?
I only have 5 oz right now

>>16719042
If you have no paper money to invest, no job and/or in debt... yeah, then you are too late.

any of you stack junk silver or just stick with .999 bars/rounds? I just started and have found a few deals on 90% at spot which ive yet to see with fine silver.

>>16719042
Nobody knows exactly, if you're a poorfag the mining stocks are basically leveraged precious metals

>>16719072
i would get 90 if it was at spot but i can't find any.

>>16719085
roosevelt dimes have been my best finds. getting them right at or even a tiny bit below spot. seems like all the other ones seem to carry some premiums, even if they're near cull. I dont really get it, but I'll just keep buying the roosevelts while I can.

>>16718927
Nice, shill me some more good PM stocks. Wanna throw my pocket change there in 2020.

>>16719062
I have a job and no debt
I could buy an ounce or 2 a week

When buying bullion go for coins or bars?

>>16719111
NAK: very speculative and risky but could pay off if they finally get permits from the Alaska govt

FNV: They've already mooned, and I've already sold for cheaper mining stocks but they'll moon even more again probably, really expensive per share though

>>16719146
Exclusively buy PAMP Suisse gold kilo bars

>>16719146
doesn't matter, just get the most atoms for the lowest price you can find

>>16719141
That’s nothing, I don’t think it’s even worth it if you can’t afford 4-5 oz a week.

>>16719146
We really need a FAQ pastebin in our OP’s.

>>16719161
Man I cant afford that shit
Nothing I can get pays well
Isnt it enough that I buy more than the idiots that dont

>>16719183
get as much as you can even if its a little bit

>>16719183
You are literally too poor for investments. Is it because you are lazy and you don’t like to work or you are working but you’re from a shitty country? Anyone who gets even a wagie paycheck in $, € or £ can afford 4 oz a week.

>>16714020
>get the same value when I go to sell?
I am not buying that and nobody else will

>>16714020
people like coins but industrial smelters don't give a shit

Post stacks

So when the time comes how do you guys plan to liquidate your stacks?

>>16719471
>he thinks silver and gold wont be used for currency again

>>16719471
I’m planning to buy real estate directly with my gold coins, but if that’s not gonna be possible, then selling it to the national mint seems like a way to go.

>>16719471
gold and silver are literally money anon, we've just had paper debt scrips for so long most people have forgotten

>>16719511
I need a qr on that miner. Why did he go to the north pole?

>>16719688
SILVER AND GOLD

>>16719699
*lick* *lick* *lick*...nothin.

>>16711160
silver did not do well in the recession. It is used for industrial and tech purposes. Therefore demand dropped as did its price. Gold is the go to and always will be. Never mind the "ratio" these ppl blabber on about GOLD is what you want to hold. buy in 1/4 or full ounce weights. The premium you are paying for silver is ridiculous at this point. Expect silver to touch 20$ USD at some point in this year; it has some catching up to do. Stocks will still go strong under Trump but when the election get closer expect the market to take a correction as the dems know the market and equities are Trumps go to indicators for the state of US of A.

Buy 10 oz bars of silver and 1/4 or one ounce bars of gold. Do not under any circumstance buy any bullshit themed or series nonsense from any mint. You will never get that premium back. Do not buy any weird fucking silver that is in the shape of some bullshit or is hand poured unless its Scottsdale Mint. Gold will likely touch 2k USD this year. So even ETF's like SLV and GLD will do well

>>16712255
Dont buy themed or series coins. Never ever clean coins. Buy government issued ASE's or Maples; whichever you can get cheaper based on location. Or buy Sunshine Mint generic rounds that have the anti counterfeit markings.

>>16720217
Shit up kike, silver is going to 10x at minimum.

>>16720217
gold and silver dropped during the financial crisis but went crazy in 2011, silver went up to 50 dollars in response to QE

>>16712891
I would absolutely buy meme coins. The more rayciss and outrageous the better

>>16720217
look at the charts dumb fuck, they both pumped during the recession

How do we know gold isnt just a bubble thats been growing for millennia?

>>16720330
Women are always going to want gold jewelry

Imagine what's going to happen when gold moons and wagies can't afford a gold ring anymore. Holding a 1oz gold coin is going to be like a coupon for a free wife.

>>16720260
Silver and gold dropped due to a liquidity crisis. When banks started going bankrupt, gold had to be sold to get cash into the system. Don't know if it'll happen again we'll have to wait and see. Personally, i'm buying my bags here because they might not drop to these prices again.

>>16720260
>>16720368
((((SPOT)))) prices fell due to liquidity. OTC dealers were charging well over spot.

>>16709631
finally back from power outages. Rule of thumb never ever buy claims on ebay or any other website. Wait for land to come open or find the owner through government websites and communicate directly with them. Its too easy to scam people online with mineral claims.

>>16709631
also it doesnt look like bad ground but hard to say until you have tested it and read up on the local placer fields. There all different and have their own issues.

>>16719042
Keep your head down and just stack. A mere one ounce per week adds up to over fifty in a year. That will be a serious lead over most of the population when the time comes.

When I exchange silver for gold which is better to trade out of my stack: junk silver or bullion coins?

>>16720773
hold onto your favorite pieces anon

>>16719511
If you believe this then would it be wise to sell silver and gold in order for more currency to be minted by the government?

>>16720330
Because the banks keep buying and slowly sell off their (((diamond))) reserves, because unlike diamonds silvee and gold are actually rare and not superficially rare. And both silver and gold have real world uses

>>16720929
To clarify I mean in the event that they officially are reinstated as currency.

>>16719042
You had better start suckin.

Should I stack gold coins with higher premiums consistently or wait and buy 1oz at a time?

>>16720960
Banks do not hold diamonds.

Why the hell would you buy old quarters?
Idiots dont know theyre silver

>>16718230
Go to bed, Bolton.

>>16721745
If you're going to pay higher premiums for fractional gold then you may as well buy silver instead. In this way you can catch the potential moonshot along the way before you get enough to exchange for gold.

>>16721923
I buy junk silver as cheap, fractional silver. Kind of like change on top of whole ounces.

>>16721809
"diamonds on my bank account"
are you calling yung lean a liar? NO

>>16708804
Dont buy from goldstock, they're shit. Half of their products dont match the photos. Everything is in circulated condition unless it specifically says its sealed. I made the mistake of buying from them twice and was disappointed both times.

how to avoid this

Should I buy from local coin shops?
Will they sell me fake shit?
Will people follow me home and steal my shiny rocks?

>>16722759
just bite it bro

>>16722759
Just buy it from a reputable dealer, a dealer would never be caught dead selling this. There are spectrometers which can see the inside composition of big bars.

>>16707263
I recently inherited 15k in gold I can't touch it until it goes through probate but my brother doesn't think we should cash it in

Whats the ceiling of silver really?
Will holding it during economic downturns really help me out?
Ive seen people say it could hit $100+ and that its manipulated by JP Morgan
Are they right?

>>16722848
depends, biggest pro is buying anonymously. Be aware that it can be more expensive than buying online though

no

lol

>>16722648
What do you recommend instead?

Bear in mind that I picked them because their physical location is by my work and I can go in person pretty easily

>>16722891
I'm skeptical about the silver moonshot just because silver people are telling you that its going to moon but also there's a bunch of mines that are under capacity and ready to fill demand

>>16723503
Arent a bunch of mines closing down too?
And why would JP Morgan be hoarding it of they werent doing some shady shit

>>16723538
That's a good point also - I just honestly don't know enough about it and I see a bunch of conflicting information.

I think the fact that its so used in industry like copper is actually a downside for holding it as bullion because there will be major incentives to push the price down through supply increases and that the same is true about gold but the capacity for people to mine more gold is very limited.

Fucking seeing gold rally like this makes me hesitate accumulating. Pondering whether to buy 50g bar this week or in about 2-3 months because it feels like I'll be buying the top if I go in now.

>>16723800
Time in the market > timing the market

>>16723800
Wait till the dip in late March. PMs always are up in the new year. Just save, let it cool off, and then purchase a bunch

>>16723888

I looked at the charts for 10 yr span and seems like you're a bit onto something. I already have a 50g bar I'd just like another one for max comfy. Also have 80oz silver as well. Guess I'm waiting a couple months seeing where it goes. I don't really need to be putting the cash in now so there's no hurry since I already hold some.

>>16723888
What if the economic collapse happens in February?
Anon is fucked then

>>16723916
Relax I have gold and silver already. 15% of my networth atm. It's just that I wanna accumulate a bit more.

>>16720217
Whatever you say. I bought silver rounds with dogecoin logo on them from provident metals and was able to flip them for 200% profit. There are a lot of collectors out there willing to pay a lot for a round that is no longer in production.

>>16722891
This is how they manipulate it, they just issue """"silver"""" and no one seems to question it. Meanwhile they buy actual physical silver. Its genius.

>>16724234
How is that not illegal and what else are ((they)) manipulating like this? I knew someone who kept telling me that the strategic petroleum reserve was a scam. He said it was all on paper and the day we had to actually use the reserve the paper was just a promise that they would pump that amount. I always thought that guy was crazy but now I wonder if he was right.

I'm a poorfag. Not making enough to buy gold bars. Is smaller portions of gold acceptable? How much? Or should I just give up and buy into a gold etf

>>16718927
How do you pick miners? I'm researching a bunch of miner stocks and so many of them lose money and yet their stocks have increased. Pic related.
Also, how do you feel about MUX? Options anon shilled that stock around $1 and now its trading at $1.30 and moving upward.

>>16724556
The derivatives market is orders of magnitude larger than the underlying assets. Literally everything is like this. Stocks, real estate, metals, auto loans etc.

Mail man came. How did I do?

>>16724793
lmao at those maga coins I was eyeing them too

>>16724593
Watch their drill results. If your looking at junior companies they're stock prices jump depending on how their drill results look. For the big companies it's a mix of watching how their commodities are in the market and how much production is increasing.

>>16724847
I got them so I could give 1 to my buddy for xmas. I do not like them though. They are rough feeling and aren't shiny.

>>16722891
8 trillion in paper future derivatives vs 800 millions worth mined every year, or even the total global reserves at a mere 38 billion. You tell me

>>16724556
see>>16724603
everything is like this, it just so happens that silver is the MOST manipulated asset on the planet through these derivatives markets

>>16724568
You can get small amounts, starting at 1g. Google PAMP.

>>16724793
>XMR coins not stacked to conceal their quantity from the viewer
ngmi

>>16725433
I would save for 1oz bars. the premium on 1g bars is quite high imo

>>16707263
Ok lads, seriously considering buying 1000 ounces of silver in 10 ounce bars. This will run me about 17% of my capital, which is all in fiat. I'm 18 and got this money from my aunt when she died. As someone who is new to investing, how sure of a deal is it that I will make money when I liquidate this an uncertain amount of time from now? From my perspective, the moonshot theory seems to check out, but is there any (((professional))) literature that supports this idea?

>>16726284
go for it mate but get minted bars not cast scrap. Bars are harder in general to sell but they look good and feel good.

>>16720330
Gold's "bubble" will pop only if we learn how to "print" gold out of thin air.
Till then, gold will remain a store of value, so money.
Same as criptos, really.
As long as the wallets are safe, and the quantum computer won't be used to break the encription on them, they ll be a store of value.

>>16711256
>im doing so well look at me
>financial planner dad handles my investments
stay bad

>>16725559
When 1oz silver monero coin=1xmr?

>>16719204
Do you buy 4 oz./week? I can afford it but I prefer waiting a few weeks and bulk buying for cheaper shipping instead of paying for shipping weekly. Am I fuggin up?

>>16726284
Most people invested in gold and silver usually limit it to 10% of their portfolio because the price is relatively stable until it's not (that means while its not declining in value, it's not producing anything either). They only moon when there's a debt crisis/stagflation.

Put the rest in value stocks and resilient businesses (utilities and telecom - especially foreign ones will probably do well) because they overperform in a recession. After the recession is over you can dump everything back into growth stocks or real estate when everything is cheap.

>>16726643
Most metal sites offer free shipping over $99. I think it’s dumb not to spend that if you can. If not wait till you have $100. Fuck shipping costs

>>16727062
That's what I'm thinking, perhaps 5 ASEs a week or something.

When do we sell, if ever?

>>16724556
Every single market in the world is manipulated. Stocks are manipulated up and precious metals are held down so they do not seem like real competitors to the USD

>>16727426
Never.

>>16727426
Apparently do not sell until the glowbo homo currency is issued, probably sometime after ww3, whenever that is, everyone is too scared to die.

>>16727426
You're in for life mate, keep watching the markets and listen to the talking morons, you won't want to sell. Your kids/grandkids will thank you forever. Also listen to this guy >>16728078

>>16728400
Hey fren.

>>16727295
This. Always write a check or ACH. Dont pay the jews 4%.

had to pay 6% sales tax on ebay purchase. fuck this state. Are all of the bullion dealers on this starting 2020 now too?

>>16728641
Hoe does ach transfers work when buying through apmex? Do you do it over the phone?

>>16728705
why the fug are you buying off ebay
rule number 1#
never buy off ebay, fakes fakes everywhere

>>16728742
junk silver. doubt quarters are fake.

>>16728705
Haven’t made a bullion purchase yet in 2020, I’ll keep you posted. That eBay tax is complete kike bullshit, my state doesn’t tax gov issued numismatics but eBay will tack it on regardless. I see this as the ultimate buy signal. Fuckin kikes.

>>16728753
Just testing items in cart. It seems some stuff doesn't add tax like bullion from big dealers. Items from private sellers adds tax. Really messes with finding deals and making offers.

>>16728742
:( sucks because ebay is the only place I can find Geiger edelmetalle gold for sale, it looked legit and tempting. The premium is so high I really doubt they would need to sell fakes.

>>16728760
>Really messes with finding deals and making offers.
This was completely intentional. It’s to deter the goys from getting the gold. It was amazing how the laws kicked in on October 1st, right before the holiday season, when gold was already quite a bit cheaper than it is now, just three months later. I was in the middle of placing all kinds of orders right as it happened, couldn’t believe my eyes but knew instantly why it did.

>>16712796
Reptiles on money

1 oz for $1610. Should I buy this?

>>16728833
>33

>>16728859
NZ mint carries high premiums, but the products are really nice, buy what you like. I wish they made a regular Homer coin with his head on the obverse, I’d probably buy one if they did.

>>16728891
It has the Lizard Queen on the reverse. Clown world!

>>16728918
I know, I got Scrooge.

Dammit

>>16728963
>>16728986
Where'd you get it? Also the premiums on them make them like 2k+ an ounce ..

>>16728812
Shit that sounds like it has a deeper side just as insidious: it makes buying from private sellers less appealing. That means you and me.

>>16728721
I mail checks to APMEX. JMBullion is cheaper than APMEX on almost everything and I ACH them. At check out you can link a bank acount. First time takes a week or so but prices are locked in. Date of purchase to day I hold coinage in my hands doesnt much matter. I just dont like paying premiums for paypal or w/e

>>16729004
>Where'd you get it? Also the premiums on them make them like 2k+ an ounce ..
A random auction website, only place it wasnt sold out. They didn't mint many. I got Mickey from Fantasia too.

>>16727426
I only intend to sell when I can transfer it into productive assets like real estate or undervalued stocks. I will sell it and re-buy the asset very quickly because the currency will be losing value very rapidly at that point, you don't want to hold currency long term ever from here on out.

>>16729025
Eh, too much work.

>>16729059
Must be nice to have money to burn like that.

>gold/silver just keeps going up
Are we out of time?

>>16729076
I saved $10,000 cash from my side weekend summer job last year and was waiting for a time to make a move. I should have bought more even earlier.

Blue or redpill me on precious metals. I have done 0 research and base my opinion on what i've heard on other people who probably have done 0 research.

I've heard the price is very... stable. You won't get like 10% return every month or anything like that by investing in stocks or just a savings account. However, I do admit that precious metals will most likely still be precious if let's say dollar or euro suddenly loses it's value. So is there a reason to buy precious metals to get richer? And what are you even buying? Are you like buying physical metal or are you buying like stocks or what is it even?

There should be guidelines or copypasta in OP if this is a general.

>>16729103
Not if you hold LINK.

>>16729106
It's trust and fiscal responsibility in physical form, which is why most people hate or ignore it. It's mainly a perception how you view the value of your work and time and a way to preserve it. It's a form of measurement, a ruler of money, which is why gold is, and always has been king and of kings.

>>16729104
Yea, it's easy to save money when you live with mom and dad and they don't want you to give them money. I wish I'd saved more when they didn't need money from me. Good job.

New anon here, not well experienced in business but eager to learn. Interested in stocking on silver coin, but how does this work? How does one turn a profit?

>>16729104
Oh wait it's you, yea whatever, you larp like you grew up poor. Everyone wants to be the under dog my fren. Just admit you have had an easy life.

>>16729133
>it's easy to save money when you live with mom and dad and they don't want you to give them money.
My mom is a fucking jew and I absolutely loath talking about money with her. I also pay my fair share through fiat, equity, labor and pain and suffering. I even got them into silver over a decade ago when silver was $12 an ounce, which they have yet to thank me for, but I'll let it slide. Stupidly sold my small stack before the $40 high, but I didn't have much money back then anyway. Should have held, won't make that mistake twice, going hard this time.

>>16729156
It's not really about turning a profit, it's more about not losing everything when a financial armageddon happens. Most people here will not live to see their precious metals true value realized.

>>16728742
I have only one coin from there that was not coming from APMEX and I was sure it had to be real because who would take the time to fake an old sovereign. I found out later there are tons of fake ones circulating around. I'm still reasonably sure it's real though.

>>16729166
Me too fren, me too. Just bought 4 more ounced today. Gawt damn coin shop charged such a high premium today, I think I'm going to just save up and go through apmex for now. Maybe not, i don't like waiting too long.

>>16729169
How can you tell when there are highs and lows? When is best to buy and best to sell?

>>16729160
>Just admit you have had an easy life.
I was homeschooled in a nigger majority neighborhood. No A/C, cable tv, internet until mid 2000's. My dad got divorce raped from his first wife. Was homeless with my mom for a while even. My room was a walk in closet. Had a job and paid for my own food, clothes, CC, everything since about 13. I may have had it better than the worst, but by no means has it been easy, at all. I have to fight for everything man.

What do you guys think of these bars?

>>16729184
>i don't like waiting too long
I usually pay with a paper check to save money on the card fee. It usually takes about 15 days to actually hold them in my hand after I order them.

>>16729251
Would fondle.

>>16729160
>Everyone wants to be the under dog my fren
I'm not your fren you Dirty Devil. And no one wants the be the underdog, they all want to be the Chad GOAT.

Aren't stocks/real estate a hedge against inflation as well?

>>16729267
Too long.
>>16729276
Fuck you kike. All kikes will be forcefully stripped of their assets when all is said and done, you won't be able to bury your shekels deep enough.

>>16729293
I'm starting to think you actually are the devil

>>16729285
How old are you? Do you not remember the housing crash or the bank bubble? Stocks and real estate are the reason the dollar hyperinflates. Because all the illegal spics take up cheap housing making wagies rent places and will never get ahead because some boomer owned 4 houses before 22 million illegals lived in the US.

>>16729326
Right but in this scenario I'm the person who owns the houses

>>16729285
>Aren't stocks/real estate a hedge against inflation as well?

Yes but if real estate and stocks are in a bubble, aka overvalued then they would perform worse in a panic than assets that are undervalued like PMs.

Currently sitting on ~220oz of silver and 2oz of gold. In this position, would you guys look to add more gold or just keep stacking silver as long as the ratio is around where it is now?

>>16729364
Silver for sure at the current ratio level.

>>16729326
So is there any reason for normal people living outside burgerland to buy any precious metals?

>>16728873
33 you say?

>>16729386
Gold hit all time highs in many different currencies around the world in 2019. Ask yourself why that happened. The debt bubble is an international problem. The dollar is an international problem. Fiat currencies are an international problem.

>>16707263
Supposed to be here instead of main board I guess ... wtf is up with the yellow and red marker on your image?
Anyway solid if not spectacular year for me with my gold . Convinced $5000 an oz is just a matter of time now .

>>16729106
>Are you like buying physical metal or are you buying like stocks or what is it even?

Stocks/ETFs/storage are scams if you don't hold you don't own. I would suggest buying silver at the moment since, its suppressed price could out preform gold, its normal ratio until the federal reserve was 1 oz gold /16 oz silver and right now its at 1/81. Silver for me is insurance against inflation/currency collapse with the hopes of a moon.

Sovereigns and krugerands
Mapleleafs and philharmonikers

Redpill me on Krugerands

>>16729076
What is your weekly income? Don't be shy. You are Anonymous and we want you to make it.

>>16729453
More durable than normal gold coins

>>16729453
South African government hates white people

>>16729386
Every barrel of oil is bought using the USD. If it fails, I hope y’all non-burger-eating pajeets can own guns and ammo. It’s WW3 time.

>>16729364
Stack silver. Every time you hit the ratio trade for gold. This way if silver moons along the way you can benefit whereas gold stays more stable.

>>16729471
This. The density is around 21.1g/cm3 vs the 19.8g/cm3 at other mints. Making it more durable.

Anyone else think gold will it $1600 before Valentines Day?

>>16729426
HOW MUCH FUCKING GOLD DO YOU HAVE?!?

>>16708261
mazak bro?
>>16707387
i run and setup cncs

>>16729649
u mean in a couple of days?

>>16729656
That has to be around 200 ounces at least.

Welp thanks for the war with Iran Trump, gold is spiking up

>>16720260
Silver went up like crazy in 2011? For what a couple weeks? To only come crashing down? Jesus Christ you are a fucking brain dead retard jew nigger.

>>16720274
You are quite the retard here is a link for your huge rally in 2008 financial crisis moron jew nigger https://sdbullion.com/silver-prices-2008

we are going to war with iran bois
thats why the price is shooting up
its happening

>>16720274
https://sdbullion.com/silver-prices-2001 Here is from the 2001 market crash. Calling me a dumb fuck you jew nigger.

>>16729325
You are correct in your assumptions.

>>16729468
It varies, when I'm actually working it's like 500 or more. But the last few weeks have been miserable. I still got like a half ounce of gold and 50 oz give or take of silver.

>>16723495
I really like canadianpmx. Nice store, lots of things on display, no bullet proof glass. but probably pretty far from you if you're near goldstock. If you're going with goldstock just call ahead so you know exactly what you're buying.

on new years day i ordered 20 oz of silver, now theres a war with Iraq and the prices are going up? should i order another 100 oz right fucking now? sure the price might go lower but i think it's worth the security

Silver to $20+ next week

Does anyone have any experience with silvergoldbull?

>>16731069
No, but I know your girlfriend had experience with black bulls.

>>16731069
Just sent them a check for the 10oz spot bar

>>16730951
Why would it go lower if there’s a war brewing?

>>16731069
Yes. The spot priced bar is nice and they have quick shipping.

>>16724793
Those xmr and btc rounds look sexy. Premium is too much though

For purchasing online, is there any site that has cheaper premiums than SD bullion? I've looked through various sites and sd seems to be the winner with the lowest premiums and free shipping over $100

>>16729502
What is the ratio? Is there a specific ration, something like if gold is less than 75:1 silver then trade silver for gold?

>>16730676
On that income I say just stack one or two ounces of silver per week if you can afford to do so. It will add up.

I also recommend looking into passive income-building assets like REITs or dividend stocks. Again, just a little bit every week adds up, especially if you start a DRIP account. You'll know you really made it here when your passive income effectively buys your silver for you.

If gold stays above 1550 and silver above 18.50, so many shorts will need to be covered and you're gonna see some serious shit

Should I buy some PMs now while prices are still relatively okay or just wait for initial reaction to get over and for prices to lower?

>>16732623
both, imo. the prices will stop going down at some point. the $2 per oz you might miss out on is worth the security in have vs have not.

is it too late to buy silver?

>tfw get my cash back match today on my credit card
20 more oz for free baby

>>16707263
NEW
>>16733449
>>16733449
>>16733449

Noob here, watched some of the silver vids and decided to start on stacking silver bars. For the UK is there a site where I can see what the current high/low is?

>>16733452
Fuck you keep this going