/biz/ - Business & Finance

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If you have anymore helpful information please post for the following updates on the next general!

first

My pull for January.

>>17026213
poorfag here bros, i've been lurking these threads for a while and decided to buy some silver. I hope to be making 30k/year soon as a software dev (Europe), meanwhile living off my parents rent. Should I just get some junk silver to calm these urges?

PETER "ONE MAN GAS CHAMBER" SCHIFF

>>17026567
I want some silver coins that I can jingle around in my hand. I bought some Buffalo rounds but I can't bring myself to take them out of the tube without gloves on. I even bought junk silver and put them in plastic tubes.
I keep shilling cull silver eagles here because they are damaged already so it doesn't matter if they get scratched up. I'll get roll of them before Spring and report back.

what % of my net worth should be in silver?

>>17026650
That should do it anon. I honestly envy you so much. Haven't seen an european seller that does junk silver like in the US. I've read several european anons complaining about the same

>>17026567

Im in your boat, but single, work from home, and keep my expenses to a pauper's minimum.

Im going for 100 oz (on 25 atm) SEs, and 20 rolls of constitutional (junk) silver for a SHTF scenario.

Depends on what you want silver for really:

-SHTF? Ratio of silver rounds to silver dimes/quarters. Idea to me is to hold regular rounds for big stuff, and have the dimes for potential everyday trading

-Hedging? Silver rounds/bars as close to spot as possible.

-Waiting for Gold/Silver ratio to close? buy rounds in 1oz, and bars in bigger than 1oz increments.

>>17026213

I was looking into buying some 3rd reich silver. Not good melt value but a great piece of history.

You know you cant even ship them to germany? fucking cucks

>>17026213

How easy is it to liquidate physical gold/silver and why would you purchase it over a fund (tinfoil/apocalyptic reasons aside)

>>17026742
thanks i appreciate your input a lot.
What do you think of silver coins that holds a somewhat numismatic value? For example i'm eyeing these french 50 francs "hercules" from 1800, they usually go for about +6 eur over their silver value. In case silver goes up, the coin should go up in price while also keeping it's numismatic fee, right?

>>17026794
got the year wrong it's actually 1974-1980

>>17026440
LOL THE NEWFAG BOUGHT THE GLOVE LMAO

>>17026567
Start small. Get one or two rounds or if you need to bypass taxes some government issued coins. You don't need to rush into silver. It's going to take a while for everything to fall apart.

>>17026780
i'm seeing a lot of onzes from 2013 being sold at current prices at an average price of 24eur.
My guess is if you buy at 20 and want to sell when it's 50, there probably will be someone that's going to buy it trying to sell at 100, and so on

>>17026794
>>17026807


I'm not as big on coin collecting as my dad/some other anons, so I can't say for sure. I presume the silver valuation of the coin would go up normally, and I also presume that yes it would keep it's numismatic value.

Numismatic value has more variables to it than SPOT though, and when it comes time to liquidate it's going to be more about your potential buyer and what he/she considers more important. Some will consider both values, some silver, a few numismatic.

Again, it depends on what you're going for. I'm more interested in the silver potential of a coin than numismatic value. If it was a coin from the 1800s as opposed to 1980s, then that's a different story, but coins that young aren't anything to shout home about.

>>17026811
My first thought. What a waste.

>>17026213
When you tell your boomer in-laws that you want silver as a gift, this is what they give you.

>>17026943
You're lucky to get anything. You know what I got as a gift? Not a motherfucking thing.

>>17026965
It's okay. I know you hold link so you'll make it. did you pick up any PNK?

I encourage you all the watch this:
https://www.youtube.com/watch?v=iuQOyNFBOjI
There are a lot of other informative videos on his channel that I recommend you watch too.

>>17027045
No.

>>17026213
Anybody know where to buy 1 oz bars that have a shape similar to OPs pic?

>>17027153
Monarch precious metals have some cool casted bars, but they aren't nearly as neat as the pic in OP.

>>17027153
They would be go small.

>>17026213
Comfy thread >>17026213

>>17027454
That's what I was going to say.

>>17026567
First do your research and make decisions.

Why do you want to stack silver?
Have you considered gold?
What is your investment budget for the year?
What taxes or premiums will you pay?
Who will you sell your silver to?
What taxes will you pay for selling?
How patient are you?

>>17026780
It's quite easy to liquidate silver. Although, large sizes will often take a small hit (100oz bars being slightly below spot etc)

>>17026943
Are these not silver? I genuinely can't tell what I'm looking at.

>>17027540
Pretty based desu

I just bought 20 oz of Perth Mint 2017 Kookaburra's at $25.50/oz.
Convince me not to do the same for the Perth 2018 doggo coins.

>>17027939
Based acquisition. Kooks do a good job appreciating over time. The 2008 kook can go for like $80 and there's like 300k of them around. Highly collectible and beautiful coins.

>>17026965
maybe if you weren't a tripfag people wouldn't hate you

I want to start stacking and I'm planning on buying 10 100 troy oz engelhard bars. Is this a bad idea? Should I get some smaller bars or a little gold as well?

>>17028841
Yes that is a terrible idea
They’re too hard to sell very illiquid
I’d buy a couple max not ten.
Sure you get the best bang for your buck but you might as well just buy a thousand ounce bar instead.
Diversify your silver portfolio into 90%/smaller bars/rounds/gov mint coins
Don’t get any gold silver is the much better buy right now, if you want gold just trade it when the ratio falls off a cliff and isnt at 80:1

>>17028938
Based

>>17026943
Top fucking kek based boomers
Was that the $80 set i think
and they’re like 85% .999 iirc
Just sell that shit and buy some 1 toz eagles or rounds

>>17026943
>your in-laws just bought you 2 x 10 acre farms in 10 years
stop complaining.

>>17029210
You are literally insane. This is snake oil tier shit. Fucking kill yourself you parasite. You and all of the metal dealers that are shilling your online on here.

>>17026213
>Money Metals
Can someone review MMX ? Are they good? Did you verify their silver?

>>17026678
As a rule of thumb: 10% should be precious metals. So I would say at the current prices your doing nothing wrong with about 7% in silver.

>>17026213
anyone know the best place to buy spot price in canada? preferably via government source?

>>17026213
First of all i wanna state im a 31 year old boomer who's been a silver bug for over a decade.
Due to the silver price going down and crypto making me money my stack as a % of all of it has dwindled.

I have been stacking at these prices but not ferociously yet. Let me tell you why.
There is only one reason why prices would rise. Higher demand than supply.
There are three buttons that control this. Miner supply, investor demand and industry demand.

If you have a bull rally thats caused by industry demand (like rhodium and palladium now) premiums on bullion stay low or negative compared to spot because they'll melt it down to use it in industrial goods anyway. If you have one where broad investor demand drives it, you get premiums, as was the case in 2011 for silver and gold.

Now for rhodium and palladium the bull market got sparked by demand for better cat catalysators. There is no such development taking place in the silver market that will drain the above ground supply and drive prices. (Show me etf holdings being drained or comex inventory being drained if thats the case.)

From the supply case we know that about 870 million ounces get mined every year.
However the past years saw three primary silver mines stopping production.
Lucky friday mine (3,6 M ounces)
Arcata mine (6 M ounces)
Escobal mine (21M ounces)

Over 30 million ounces in production capacity was lost since 2016. And did that bring a huge squeeze in the silver market?

Nope.

These mines are likely to come back online in the next couple of years. (Lucky friday is on the cusp of settling the dispute with the workers union, Arcata needs higher prices, Escobal needs regulatory approval.

If these mines would have kept churning out silver in the past couple of years there would have been 100 million ounces more of silver in the world today and surely prices would have been even lower.

We're lucky we didnt get to see 13$ silver so to say that we're gonna see 50$ silver soon seems a stretch.

>>17027863
You're looking at a scam. They are silver but not worth the money.

>>17030703
$13oz would be amazing, I'd load up. I'm not stacking for the next bull run on silver. I'm stacking for the big reset. If it doesn't happen in my life my kids will have a pile of metals that boomer dad kept hidden away like a pirate. But they will be set up for life.

>>17029035
I'll hold it for a few years so they know I appreciated it and then sell to some other boomer that has fond memories of when America was something other than shit.

Answer to last thread
>>17003447

>>17023735
Why is the Krugerrand so popular? What about the silver Krugerrand? I take it that if I, as an American, choose any other gold coin it should be the Krugerrand above all of the others?

The most known bullion coins in the world are Krugerrands, Maple Leafs, American Eagles, Australian Kangaroo and Vienna Philharmonics.

At the end gold is gold and silver is silver.
Krugerrand is so popular because it is the first modern bullion gold coin since 1967.
2nd oldest bullion coin is the Maple leaf (1979).
Since 1986 american eagle and australian kangaroo are produced.
Vienna philharmonics are available since 1989.
Just buy a coin with an appereance u like and with a possible low premium price.

In 2011 I started with investing and bought Gold, Silver, Bitcoin and Stocks every month dollar cost averaging.
Guess what made me most of my profits.

I bought 2 houses, 1 to live in and the other one I rent out and have over 600k in my bank account still.

>Thank you Bitcoin and Gold, Silver, Stocks go fuck yourself

https://youtu.be/iuQOyNFBOjI

>>17030867
From the silver survey it seems that stacking has only recently been a popular phenomenon.
In the 99's only 50M ounces used for stacking now 200M.
Probably 2 billion ounces stacked away in vaults by retards like us by now.

>>17031448
https://www.silverinstitute.org/all-world-silver-surveys/

>>17027863
think of it like silver with a fancy logo on it for like 50usd/1oz
when you can buy 'normal' for 18usd/1oz

>>17027863
>>17031485

Here's a comparison to an ASE. It's like buying some meme product for 10x the value of a generic that works just as well.

newfag question, should you only buy physical when investing in gold/silver?

>>17031720
I think most of us use PMs to hedge against total collapse of the USD. Some of us come from /pol/ so shit hits the fan like 4 times per day. It only makes sense to hold physical since its not yours on paper. Like crypto, not yours until you hold it.

With that being said if you want more of an investment nothing wrong with trading a paper/crypto "backed" by gold. When SHTF though you'll be screaming like people whose wealth is in the market.

>>17031720
Bigger gains can be had in crypto or options. You can get leverage with futures but like >>17031858
you don't actually hold anything. Metals are for the big reset, whenever that maybe. Having wealth stored in what has been used as currency for all of human history is a smart idea, just don't think you'll be seeing massive gains off it anytime soon.

>>17031720
physical, its a solid and satisfying savings account
plus its a fun hobby

>>17031900
It would be interesting to see someone graduate college in the US today with 50k of student debt. How traditional investing of 401k for retirement would differ from them buying an equivalent amount of gold their entire working life. Might be able to Hit 75-100oz and sell a few a year till you die. I assume gold will be minimum 10k in 40 years.

>>17031720
For extended long term holding, definitely physical. For trading short term moves, ETFs like GLD or SLV are nice options in addition to miners reflected in GDX.

Hi Bros been reading a lot I have around 3k usd fiat I want to put into silver. Looking around it seems like physical stores will rape me on premiums compared to online.
What is the best way to purchase silver online with fiat?
Don't want to deposit cash into bank because I'd rather these transactions on not on the record... For tax purposes of course.
Is using jm bullion and just sending them a money order from western union paid with cash the way to go? I can trade cash for btc but that takes a 6% hit in itself so

Why are precious metals being shilled so much here. You can't make money off of them and a pain in the ass to sell. When you do end up selling you sell for a huge loss.

>>17032421
research sales tax on precious metals in your state. It may actually be cheaper to go to the brick and mortar store and pay cash if they aren't charging tax

>>17032464
You can't make fiat off them. If you're looking for speculation go to crypto or paper metals. If you're looking for a store of wealth for collapse buy metals.
I shill them because I don't believe in the Jewish banking system. JPM has been buying up large amounts of silver for years and years. It not about the quick turn around for metals. It's about protection from what will happen.

>>17032421
Most of mine is done online, but I don't pay sales tax on them because I live in Freedom land. JMB also takes BTC for metals so you don't have convert for fiat.

>>17026213
is it true that only 1oz maple leaf have that second small maple leaf? pic related.

>>17032464
Silver is vastly undervalued right now, it's a nice middle ground between upside and safety. Most of my net worth is still in crypto, but there's a lot of value in silver and I'm adding it to my portfolio right now.

>>17032464
>Why are precious metals being shilled so much here
>two treads at the very most unless metals are rising rapidly
>about 150 threads about bitcoin alone

OMG! Why must you shill this so hard?!!!!

how many ounces are you bros holding? I'm a stacklet with just 89oz silver and ~.7oz gold. Wish I started earlier

>>17032491
I am in florida it looks like no sales tax for anything over 500$
Should I just go in there and see what they have the place near me is called Fischermetals

My plan is to buy mostly 100 oz bars and 10
The main thing hokding me back are the crazy premiums especially on 1 oz coins and such

>>17032792
well hello south florida anon fischermetals is nice. you will end up paying similar prices to popular online retailers and its pretty easy to sell to them aswell.

>>17032271
Actually FOMO'd into SLV just before posting this and added more a few minutes ago, right in the nick of time.

>>17032421
Others gave good responses. I've never been to a gunshow but I've heard that you can buy PMs at those. In that case you'd just want to be careful you're getting real stuff. Maybe some of these reputable online dealers go to the shows and they would be worth going to even if you have to drive a few hours and make a day out of it.

i always see these threads on here and i always wonder....what the fuck are these people thinking? even the most rookie technical analyst on the face of the earth can see that bagholding silver while fed rates are near ZERO and asset prices are flying is a HORRIBLE waste of time as far as opportunity cost is concerned. sure your silver bags will eventually pump again, but why the fuck would you sit in it for a decade during an accumulation when you can just buy the breakout and still catch almost the entire meat of the move? i really dont understand it. and its not just Silver bagholders either, its these fucking shitcoiners and stock market general people as well. they somehow are able to pick the shittiest downtrending stocks you can imagine in the middle of a bull market. fucking unbelievable. at least you guys have an excuse (you dont understand how central banks and money works and think the world is going to collapse at which point you will walk to the nearest mcdonalds with your little fucking knapsack of gold and buy a big mac). deluded fucks wake up and stop reading zerohedge

>>17032763
Fellow stacklet, made my first purchase in June, have an order coming that will put me at 100 oz. silver. I have no gold but am thinking of every 100 oz. silver get 1 oz. gold. Still unsure because from that I read silver is undervalued and I could always trade silver for gold down the road

>>17027540
Ok what to do with it now

>>17032623
I assume it’s harder to fake the smaller fractionals.

>>17032984
Buy when undervalued
Sell when overvalued

faggot

>>17032984
reddit, /biz/, ... are used for by entities trying to manipulate the markets.

>>17032984
"Dude just time every market perfectly and you'll be rich!"

Very insightful, anon. I've got money in stocks, and in crypto, and in silver. Only a fucking degenerate gambling brainlet goes all in on something. Sure, you might get lucky or hear stories about people getting lucky and view it with a 20/20 hindsight bias while entirely missing the survivor bias that excludes everybody that went all in on something and lost

>>17033019
opportunity cost is a real thing. do you want to be rich when your 30 or do you want to sit in silver for 10 years so you can 3x your money minus the rate of inflation. have fun being poor faggots bye

>>17030703
This was a very informative post anon anon, thank you!
I hope to see more posts like these.

>>17033017
i didn't think about that and it seems legit.
i did my own research and found out the security features are only for 1oz and above.

>>17030867
>>17031900
Do you see fractional oz coins being important to have for a reset scenario? My focus is on 1 oz coins because I just started and they seem to be the most liquid, but if an actual happening happens and silver skyrockets would fractionals be best as far as liquidity goes? I might need to get on this.

>>17033085
If you want small silver go with war nickels or silver dimes. They are not .999 but when there is a big reset they will have a lot of value. a lot easier to swap a meal or other things of small value for a dime or two vs an ASE or 10oz bar.

I touched some generic rounds and an ASE without wearing gloves. I only did do for about a minute. Am I fugged

>>17032984
If the yellow line is where I started accumulating and buying, then why would I switch from silver?
Youre making an argument based upon the belief that we all started at the same time, with the same opportunity, and that the markets will do what you say they will.
Silver shilling is ramping up for some reason, the last 6 months. Is that writing on the wall?

>>17033205
for shits and giggles last time i went to the bullion supply i asked them. ASE uncirculated to slightly used was about $1.00 over spot buyback.heavily discolored and/or damaged cull was $0.30 over spot as long as it was still 1toz (no clipping or lost silver). so basically $0.70/oz difference or about 4% loss even if its been in your ass for a year but still weighs 1toz.

tldr: its fine.

>>17033205
>He didn't buy the glove

>>17033205
Enjoy your iron washers retard

>>17032984
Wow you're right anon if I just time all my buys to catch it when the break out's just begin, I could be rich. Why hadn't I thought of this?!

>>17032984
>buy high, sell low
>dont buy low and sell high
>perfectly time the market and switch holdings before a breakout
what a fucking pseud, not even the billion dollar trading algos are capable of timing markets like that, yet you're arguing if you can't time markets you're an idiot.
>dont buy silver
>goodbye i am never coming back
sound like the same guy who comes into SG every other day crying about how silver is the worst hold/investment ever and that he's never coming back again

good god you antishills sure are getting nervous

>>17026678
People say anywhere between 5 and 10% of total net worth in PMs. I'm aiming for 8%, as that makes a nice number when based on my after-tax paycheck.

OK so local shop said they will do 89 cents over spot on 100 oz englehard bar. This is a solid deal right?
Then my plan is to buy a few 10 oz bars and even maybe some 1 oz coin
But are the super high premiums on 1 oz coins just a loss or do the premiums generally hold if I go to resell?
(I am not looking for a quick flip just something to hold value instead of holding 10s of thousands in fiat because I am predicting financial crisis)
Also damn silver is mooning today woulda saved myself 50 bucks on it if I pulled the trigger last night...

>>17034579
Why do you want the englehard? You can get cheaper 100oz bars. Don't fomo into silver, the (((fed))) won't let the fiat ponzi scheme fail that quickly. Pace yourself you have years left to get a make it stack. If you want speculation go and play the paper game, no premiums and more leverage.

>>17033004
My rule of thumb is buy 1 ounce of gold for every 64 ounces of silver. The G:S ratio is very favorable to silver though, so I'd get your silver stack up before spending the big bucks on gold.
>>17030703
Good analysis; probably true. Hopefully the Space Force needs Silver for the new spaceships Trump Daddy is going to unveil.

Bros, I did it. I acquired silver. Pic related arrived today.
How stunning and brave am I?
1kg of silver.
It's beautiful. I'm in love. So, if you excuse me, I'm going to enjoy some intimate moments with my silver bar. I think I might be silversexual.

>>17034736
Do you only hold the 1kg bar, or do you have other forms of silver?
1kg bar is nice, but at the end of the day, its still only 32.15toz
Not to rain on your party, or anything. Very nice bar!

>>17034736
Very nice bar and you are on your way to being a silver chad. Be sure to pick up rounds and keep stacking.

>>17034631
That is wat they said d they had at the lowest premium.
I really don't care what bar it is.

Mail man came today. This just made me break the 100oz mark

Also have another 21 coming in the mail. Probably didn’t get the Best Buy’s but I see stacking as a fun side hobby now.

Thanks bro’s I enjoy your online company, makes me feel sane in an insane fake and gay world world.

>>17034631
Also my problem is I want to buy at a physical location because I would prefer to use cash and not have that cash ever go through my bank accounts or really have tied my name to it. For obvious reasons. Otherwise I would just buy these secondhand bars off apmex which looks like the closest to spot.

What would you recommend? I'm certainly not fomoing just taking profits and waiting for good opportunities to arise to make new money. After many hiurs of reading I've decided I'd rather slowly move my cash funds into silver due to the possible upside but also as a hedge against the fed. The ultimate plan is to save enough and buy a cheap duplex to rent one half and live in the other half for close to free.
Currently making 100k a year so I can slowly cost average a good amount of silver and some gold.. But the upside on silver seems pretty good if the ratio evens out I'd just trade my silver for gold

>>17034990
are those 1g geigers worth it? i've been eyeing them for a few days now wanting to get a tube of thirty.

>>17035126
for the price no, but I thought they looked cool and wanted some. They are a bit over priced but i find them aesthetically pleasing.

Hey, so im retarded when it comes to PMs, but why is it stuff like silver and gold and not metals with more practical uses like titanium or tungsten. Granted I don't know jack about how rare those are, and tungsten would be hard as shit to melt.

Silverchads is there any way of buying coins and bars without being cucked by VAT?

>>17035188
checked*
essentially silver and gold are a universally accepted medium of exchange (money) between cultures and through time. Gold/silver have always had value no matter the industrial use where copper,Iron,Rhodium are valuable but it depends on the technological needs of the time that make those metals valuable.

many nations in history have used a fiat system and it has always collapsed due to usury and factional banking and counter fitting. In the current system we are trying to print our way out of a liquidity problem due to the demand for dollars but this devalues the dollar (supply/demand/hyperinflation). All the kikes who run this ponzi debt scheme are starting to accumulate silver and gold quietly so they can get ahead of this collapse caused by them and still be the sovereigns over us due to them having huge stacks.

TL;DR: if you want to be a warlord with mad bitches buy the shiny.

>>17035090
Englehard's usually carry a higher premium so snap that thing up.
I used to buy in cash but it ended costing me much more. I stopped caring as much as what would happen if I sold on a bull run because I'm never selling into USD. Hope that makes sense. DCA into silver is the right move. Slow and steady, just keep stacking.

>>17035280
First, where do you live?

>>17035323
By never selling into usd do you mean trading for property directly? Or btc?
Say the cash being used to buy silver doesn't rlly exist and is non taxed... That's why one would not want it first going I to bank then wired to one of the sites like apmex... I guess I'll just have to pay whatever premium local shops offer although it doesn't seem too bad according to my research.
My end goal would be to trade the silver and gold stacks for real estate so do you think it's even be worth it to buy smaller denomination or just stick with 100 oz at a time

I think I just had a revelation: back during the gold standard and when silver was used as coinage you actually could save money by just privately stowing it away couldn't you?

>>17035555
Checked* I buy 10oz bars tops. Remember the larger the bar the harder it is to sell. Stick to small oz bars and maybe hold one large one has your king never sell stack. That’s my opinion but I am a stacklet so take it as you will.

>>17035618

>>17035794
By that I mean that today if you do that you will lose value every year to inflation. Back then with price controls your money would be the same value no matter what year so long as the gold standard remained in effect. It was still a better idea to invest in assets with your money (Richest Man in Babylon was written during the gold standard with no end in sight) but stowing it away was hardly as stupid as it is today.

>>17035555
Correct I would only be selling into other tangible items not fiat. If the reset comes I'll be fine because they would revalue fiat into a metal backed crypto, and if the big reset comes I'll be like >>17035283
>TL;DR: if you want to be a warlord with mad bitches buy the shiny.
I typically stack 10oz bars. I like the look, better premiums than ASEs or rounds and I can hold them without getting my greasy fingers all over them. Although I'd keep a few tubes of rounds for good measure, 100oz is hard to split if you need to buy something cheap.

Silver Brittania or ASE?

>>17035618
>cash in the matteress
its not really "investing" but at least normies were protected. now they just give it to banks to loan out for free while they loose out everyear to inflation.

>>17034825
>Do you only hold the 1kg bar, or do you have other forms of silver?
It was my first acquisition.
> 1kg bar is nice, but at the end of the day, its still only 32.15toz
I know. I'm going to order more right fucking now.

>>17035618
>baby's first redpill
keep going. over time the research will make you into a silver chad.

>>17036068
Of course. The Richest Man in Babylon for example was written deep in the gold standard era.

>UPS didn't drop off my coins because I wasn't home
What do

>>17035618
>>17035868
>>17036177
You're getting there, anon.
I see great potential in you.

>>17036078
Good stuff, anon.
What are you planning on ordering?
I picked these up yesterday from a local dealer.

>>17036257
order more

>>17036294
I'm planning on ordering another 1kg bar + a couple 5oz and 10oz bars + some coins (american eagles, austrian philarmonicas and britannias).
It will put me around 100oz.

See this, /sg/? This is an old form of American coinage called a "Peace Dollar." It is 90% silver or 0.77345 troy ounces of silver. Today at a current, to the minute spot price of $17.85 that silver content makes it worth $13.80 apiece. That does not go very far today as you can think of plenty of items that are within that range and plenty more that would cost more than a single "dollar."

I turn you to this website: https://usdebtclock.org/gold-precious-metals.html.. This website tracks the USA national debt and this specific section tracks precious metals. In the lower left-hand corner it currently says that the dollar:silver ratio sits at $1097 per ounce of silver. That means that there are $1,097 USD in circulation for every ounce of silver. If the USA were to back the dollar with a bimetallic standard (silver and gold) today then every ounce of silver would be worth $1,097 USD per ounce. That means that that same Peace Dollar would become worth $848.47 each.

Now the key here is to recognize that no good would any longer be valued that way however. Instead of looking at a Peace dollar as ~$850 USD value, you would look at items as valued in Peace dollars (or likely whatever silver or gold backed currency is newly minted at that time).

So let's look at items that can be measured in values of $850. A quick Amazon search yields some of these results:
• Random Samsung 65" UHD Flat Screen Smart TV: $797.99 -> <1 Peace Dollar
• Random Home Theater system: $798.98 -> <1 Peace Dollar
• A high-end Apple iMac: $1650 -> <2 Peace Dollars
• 1 share of Amazon stock: $1870.80 (Last Close) -> <3 Peace Dollars
• Most sold car of 2019, the Ford Fiesta, Brand New: MSRP upwards of $21,000 -> ~24.75 Peace Dollars

We do not think of a dollar going so far because those things did not exist at the same time as the dollar being backed by silver or gold. If the switch was flipped today after lunch this is what a $1 USD FV coin would buy you today.

Ok bois tell me what to do i live in EU NL. How to buy physical gold and silver.

>>17035537
UK

Anons is it time tu buy USLV or 3SIL for all I have? Will I make it?

>>17036627
you can either by in a store (you'll have to search for those) or you can buy through an online dealer.
take a loot at the Perth Mint's list of official distributors to Europe:

http://www.perthmintbullion.com/About-The-Perth-Mint/Our-Distributors/Distributors-Europe.aspx

Search tor the Netherlands and check the websites of those distributors.

>>17036627
you can either buy in a store (you'll have to search for those) or you can buy through an online dealer.
take a loot at the Perth Mint's list of official distributors to Europe:

http://www.perthmintbullion.com/About-The-Perth-Mint/Our-Distributors/Distributors-Europe.aspx

Search tor the Netherlands and check the websites of those distributors.

Gentleman, what's the difference between 'cast bars', 'minted bars', 'stacker bars', etc?

> be a retarded Britbong mint
> produce one of a kind, one day only Brexit Silver and Gold Coins
> charge 300% on the metal value

I mean, I know it's rare-ish, but come the fuck on.

>>17037737
If you want I'll steal one or two for you, bro.

>>17034664
800 ounces of silver and 16 ounces of gold. Am I going to make it?

>>17037765
Nah, I'm a slave to their Rosenberg tactics, I will order that less-than-ounce silver coin for 60 fucking Pounds Sterling. Just so I can say I have it and it's one of literally 37,000 ever minted and that's fucking it.

>>17034736
I should have my one kilo Pamp bar on Monday

>>17026213
>missing palladium
>missing rhodium
>about to miss platinum
>literally betting on metalls controlled by central banks
it's like buying hex lmao

>>17037833
Ok, bro. But if you change your mind and need my services, I'll be right here.

>>17037813
Yes.

>>17037869
Silvertards have been around for decades saying this exact same line about how buying silver is going to make you rich. It's probably better than buying comic books but even that is debatable.

>>17037919
Wait... you're serious. How are you serious? You work at the Royal Fookin Mint?

>>17038036
No, I'm just joking x) Sorry if I gave you false hopes.

>>17026213
I feel like Silver will be the new Gold in the next 20 years off of its utility as a conductor alone. Electronics has always dictated the market, and with those electronics needing to meet higher efficiency requirements every year, It's only a matter of time before the supply of silver starts being drawn from to improve technology.

>>17028613
>>17028613
>>17028613

>>17033205
It's gone. It's all gone. You fucking blew it. Just couldn't control yourself.

>>17027070
good vid anon. they've trained us to believe a gold standard and deflation is evil and barbaric but it helps the citizens and forces govt to keep spending in check.

>>17034964
>Engelhard
>lowest premium

What?

>>17038562
If he can get that Engelhard for that much over spot he's already made money.
>>17034964
Report back to us and let us know if you got the Engelhard or if they pulled a bait and switch.

>>17038012
I used to read about this shit on newsgroups "bro 1 silver coin is gonna buy you 10 acres of land someday"

"Bro remember that guy who bought a hotel with 5 silver pieces in Weimar republic???????"

>>17036563
Hurrrr becus der r 1000 dillar per each oz uf silvuh dat meanz silva is wort one dousand dillar durrrrr

That's literally not how anything works

>>17036627
How much do u wanto to spend?
https://www.silver-to-go.com/en/shipping-prices/
Look at the shop u get a quantity discount for large orders.

>>17026213
>texmetals
by far the worst site to buy from in all those listed sites. you must be getting paid by promoting them because there are by far other sites with lower premium and variety. also all silverbugs are diagnosed with schizophrenias.

>>17038863
1 post by this id

>>17038807
THAT'S LITERALLY HOW THINGS WORK YOU FUCKING NIGGER CATTLE

>>17026811
this is why i keep coming here

>>17026678
95%
once enough people check out of the system, we'll single handedly dry up credit and watch normies lose their shit as the whole fiat ponzi scheme collapses.
Like, c'mon. Ain't no way the gubberment has that kind of cash on had.
M2 (((money))) supply is about $15 trillion. We're 23 trillion in debt. Not to mention all those PENSIONS and other LIABILITIES
It's all gonna be ogre soon.

>>17030703
>miners
just get the mexicans to do it

>>17032984
no fuck u

>>17036563
based kanye
very cool!

>>17026678
20% in Precious Metals, with half that in silver.
Either that or go 'all in' if you're just desperate to make it and willing to lose it all trying.

Just cracked a measly 20 Oz with these. I have always been a collector: stamps, LEGO, MTG etc. This hobby feels a bit more adult though. I am about 40% crypto 35%stocks 20%cash 5%pm and looking to increase my pm if the crypto gbr hits

>>17039153

>>17026943
>early issue
no such thing
dumb boomers

>>17026943
>>17027863
>>17029035
$240 for like $24 worth of silver

>>17026213
actual non retard here, with more life experience than any of you faggots. ive been hearing that shit since the 90s. my silver has not exploded and is worth only 4 times what i paid back in the 90s and early 2000s. meanwhile, the S&P 500 has nearly 10x increased in value. my advice is to have a few percent of your total investment in silver as a backup, but the majority into a variety of ETFs and mutual funds depending on your risk toleration and how long you are willing to have it tied up in the market. this is all entirely after you buy real estate obviously. you arent just some retard acquiring silver and shitcoins while still pissing away all your shekels on rent, are you? well hopefully that helps someone. if even one of you guys is saved from this ultra retarded bad silver and bitcoin economic advice, it was worth it. hope you make it some day. real estate and guns above all else, when you have excess, then invest. and dont forget to own your own business too. good luck

>>17033046
t. low time preference coombrain

For most 30 year old people in clown world, even if they make a higher rate of return, they will likely waste it on useless trinkets. After a certain threshold, preservation of wealth becomes more important than the generation of wealth. The art and skill of knowing how to minimize expenditures is likely more important for long term wealth than knowing how to generate wealth.

>>17036294
Good god I love the design of the brittania coins. Too bad they're not sold in monster boxes.

>>17026943
you should have told them you're a flat earther and that both the moon landing and kennedy's assassination were fake and gay

>>17038807
You need to learn how to read first.

Think i have about 30kg. Am i going to make it?

>>17039819
> <35oz
Keep stacking.

>>17039283
>3 installments of

>WHO announces that the only thing that can stop the Corona Virus is a mask made out of fine silver wire mesh
>each mask takes about 1/8 ounce of silver to manufacture
>every single person on Earth tries up to buy a silver mask
>the price of silver goes up to $1000 per ounce
>so many people are selling gold to buy silver, gold goes down to $800 per ounce
>I trade in my silver monster box for a gold monster box
>in ten years gold goes up to $7000 per ounce
>buy 1000 acres of land in N Michigan
>build 5000 sq foot log cabin

>>17026213
did i do good?

>>17040237
thats a very strong jaw on "lady" liberty

>>17040534
i'd still fuck her desu

>>17040569
Liberty has been getting fucked hard in the ass for over a century now. Not sure there's much to be had anymore.

>>17040569

I bought a new empty plastic roll for stacking American silver eagles, when I went to put one inside the new tube, it kind of has room to jiggle around, compared to the old one where it is a tight snug fit, has anyone else experienced this?

>>17040237
>>17040534

Emma Lazarus, who had worked with East European immigrants through her association with the Hebrew Emigrant Aid Society, composed “The New Colossus” in 1883 as part of a fundraising campaign for erecting the Statue of Liberty. In 1903, a tablet with her words — “Give me your tired, your poor, your huddled masses yearning to breathe free” — was affixed to the statue's base. These words remain the quintessential expression of America's vision of itself as a haven for those denied freedom and opportunity in their native lands...

I hope I didn't fomo

Is it better to buy a bunch of 10 oz bars or should I always have a couple rounds on hand?

>miss UPS package because it requires signature
>option to manage package online
>must sign up for "UPS my choice"
>sign up fails
>no error reason given why
>chat with support
>you're already signed up, that's why it's failing
>can you tell me the email address used?
>lolno
>can you just move the package to Saturday instead of tomorrow?
>lolno
>can you give me a window when it will arrive tomorrow?
>lolno

anyone got a formula you can plug into google sheets to feed a live spot price? like usual reddit is shit all their threads are useless

>>17040865
You fucked up cause your name and address is visible

>>17040975
I have no clue how they're still in business

i once ordered a package that should have taken like 4 days, and they said it would come in maybe 3 or something, then it gets delayed and ends up just sitting in a town 30 minutes away from my home for like 3 days, then it somehow gets transported like two cities further away before it finally arrives like a week later than they kept saying it would

>>17040865
Hey David. Can You give me some Silver Eagles?

>>17040865

Damn! A bed and TWO baths!?

>>17040865
God dammit, Dave

>>17040865
Davido-kun, I ...

>>17040865
mistake you only make once

good haul tho - move and change your last name tho

>>17040865
this is what happens when you phonepost, kids

not even once

>>17040865
It was just a joke bro. That's not me.

>>17034736
Put an ice cube on it and watch it melt hella fast

>>17040865
Dave you a truck guy or a GMC guy?
Crazy how Westbury is the only city in America with an E after Grant St.

>>17040865
https://youtu.be/2KWpuVrRek4
top fucking kek, very relevant song
inb4 your package is intercepted/stolen

>>17026213
This is a good price to start accumulating gold and silver?

>>17041646
Is this* Sorry, I was busy pooing in the loo haha

>>17041646
Gold's been pumping and silver's been stagnant. Buy some silver while it lasts because the gold:silver ratio is expanding as a result.

>>17041646
not really. its always a good price to have some on hand but i wouldnt hoard it at this price. see my advice to the young guys here: >>17039327


bottom line, work towards home or land ownership before getting into silver. rent is bleeding you dry and its not that complicated to buy decent real estate that will make a profit, and its a lot more likely. just buy in any decent suburb and your money will be worth more in 5 years than if it was tied up in useless chunks of silver

>>17041800
how are you supposed to work towards home 'ownership" when getting allodial title is almost impossible?

>>17041873
cute smartass but the concept is to build savings and not pile on debt. you cant sit and enjoy the benefits of the nation without putting into it and paying for the resources. laws of the country apply to everything in the country. if you had true allodial title that would imply your land was sovereign and not part of the surrounding country, and therefore most laws of the country would not apply to you. keep on direct depositing your wagecuck shekels into your slumlords account though, by all means.

>>17041967

keep seething

Imagine actually believing you "own" your property. Paying maintenance, repairs, property tax etc instead of renting the same place for half the amount and investing the difference

Low IQ: rents and pisses away all savings
Medium IQ: "owns", house poor
High IQ: rents, invests difference

When the New World Order begins and the Rothschilds force all property "owners" to pay off the national debt the country racked up before the collapse, there will be very few land owners left.

Those who actually hold real money (gold and silver) will be able to scoop those properties up for pennies on the new world dollar. Might just be able to get allodial title too

>>17042009
lol.

>>17042009
>allodial title
what mean?

>>17040865
uhh you can still delet the photo right?

>>17042047
He’s right though, until you pay off mortgage its still the banks house
Even when mortgage is 100% paid off, if you don’t pay property tax the banks can reaquire your home

>>17040865
Fucking Dave, where did you buy that at

>>17040865
Oh, noooo!

>>17027070
This guy is a charlatan, he is not taking into account the industrial revolution, the fact that in 1800 you still had Serfs/Lords and by 1900 you have full assembly line factories to account for the drop in prices and increased purchasing power.

>>17040865
ayy lmao

>>17040865

>>17036627
Wafflebro here, i can recommend these.
Goldsilver.be (low price, be sure to be home when UPS guy drops off the package)
Europesegoudstandaard.be (low price, low security)
goud999.be (ok price)

>>17030703
I've digged into the silver supply and demand reports a bit further and the only big picture positive trend that i can identify is india.
Indians are buying silver like crazy.
Just for indian silverware they've used 42 million ounces in 2018.
77 million for jewelery
And at least 70 million for investment purposes. Because it didnt give insight how many maple leafs the indians were buying.
Non industrial demand for silver is more than 50% from india and in 2020 will likely be over a quarter of silver miner supply.
Silver investment in jewelery, silverware and bars and coins seems to have more than tripled in a decade and is at a point that any further material increase in indian deman might squeeze the market.
But silver is purely a play on pajeet traditions and the pajeet economy at the moment.

Gentleman, what's the difference between 'cast bars', 'minted bars', 'stacker bars', etc?

>>17043424
Example:

https://www.bullionbypost.eu/silver-bars/5oz-silver-bars/

>>17043424
thats a dumb question and you could look it up

>>17033286
I literally bought in right before your yellow line. Wish me luck, anon!

>>17043560
I bet you don't know either.

>>17043580
cast: poured mold
minted: stamped
stacked: has grooves for stacking

>>17043598
yeah, ok. which one is better to buy?
why are the prices different?

Hello anons, I saved around 15k and I want to get my hands on some silver/gold. Should I spend 10-15% of my savings ? I was planning on buying maybe 2kg of silver and à bit of gold

>>17043675
Yes get your 2 kilos and an oz of gold. Put the rest into chainlink (LINK).

>>17043675
Converting fiat into physical assets is always a good idea, fren
Put as much as you see fit into it, though silver is the better buy at the moment as the gold to silver ratio is way out of proportion. I personally would get a little bit of gold, however.
I'd recommend British Sovereigns for gold as they're typically well priced. As for silver, go with whatever you want as long as the premium isn't too large.
Check out a local coin shop too, many of them have pretty good deals when comparing to PM dealing sites.

>>17043703
i feel like stacking silver (relatively safe investment, probably wont boom, low risk) is kind-of at odds with stacking something super high risk like LINK, or are these actually complimentary it makes perfect sense?

i like the "idea" of link but i don't understand it and the pressure to buy on this board is relentless. that's why i just buy silver because i feel i at least "get" how it works as a financial instrument and it also protects my savings from my own bad habits

>>17043598
Explain this >>17043641 to me, faggot!!
I'm a brainlet, help me!

>>17033046
>3x returns aren't enough
This is peak greed and euphoria. I can't wait for everyone to sell at the same time.

>>17043721
Yes same, I feel like crypto currencies are too young and could collapse at any moment, at least for the "little" ones. I already put some money on BTC just to be sure that I don't miss the opportunity.

>>17043820
Im not an expert in the minting process but minted coins are more precise. In the end youre just buying silver so like everyone has already said in this thread, coins are more liquid, more easy to use as cash. Casted silver is fine if you are just holding long term.

>>17040865
sending pizza now

>>17043721
LINK isn't super high risk though. Ask the schiff trip nigger.

>>17043675
U could buy a 500 oz masterbox of maple leafs/American silver eagles/philharmonic s for around 9700€ and the rest 4oz gold coins or 250 oz masterbox of kangaroos and 8 oz gold.u could buy 2x 1kg oz coins or bars or 4x 500g bars in silver and a tube of 10 oz gold coins.

>>17043943
I thing crypto and smart contracts as a whole are here to stay, i don't think the tech will go away, the genie is out of the bottle. as for how to profit from it then i am at a loss. BTC and ETHERIUM seem like the safest bets to me, i don't know what sets LINK apart despite all the shilling here. i feel like im supposed to read something between the lines in regards to link and im missing it.
>>17043971
schiff has sold me on the idea of silver pretty well, dont know about Chainlink (LINK) tho

on the topic of silver: have any eurofags bought anything from scotsdale mint? how do they ship it? i feel like getting 500 USD worth of silver nuggets and bars

>>17043717
Great, thanks. Do you have any links to buy Silver in Europe ? Or do you know if locals sell as much as 1kg?

>>17043820
poured dont tarnish as much, stackers are more expensive because its a gimmick

>>17043995
>i don't know what sets LINK apart despite all the shilling here. i feel like im supposed to read something between the lines in regards to link and im missing it.
I can relate. How can such a seemingly average coin be such a meme?

>>17044043
You got to pay attention to taxes. I think it's best to buy from Estonia

>>17044104
i think it might end up being a case of 4chan actually bringing it into existence as a viable coin simply through the blunt force will of accumulative meme lol it's as if they've picked up an arbitrary shitcoin to be "the one" and because they're committed then the people behind it will actually have to deliver. or am i crazy

>>17044121
here's why I am skeptical of LINK: i am a brainlet, i am the shoeshine kid who tells you about some hot stock to buy, or the taxi driver, so if im aware of this so-called hot new thing called LINK that will make everybody rich, im immediately skeptical of buying it, lol.

>>17044137
>>17044121
>>17044104
>>17043995
I've been trying to read behind the lines since it was a 11 cents. Shills and meme freaks seems to have propelled it here early, it was always going to 10x and dump but devs were probably planning on using russian troll teams, not neets on /biz/. I remember why I didn't buy then: I looked up the shitty east bay house they originally had the company registered to. It looked abandoned... Then, in a thread maybe Feb of 2018 I kept asking the strongest and most eloquent shill to explain why the devs had so many tokens held back, what the real use case was and why things which took other teams weeks took these assholes many, many months.. I didnt get any decent answers to hard questions and so I didn't buy. Would've been an easy hold cuz that's how I roll, but i was pissed that no one could make a proper case for the thing. And, still, no one really has... Also, due to many experiences in life, I cannot trust Russians. Anyway, that's on me. My loss

>>17044362
>7oz id
>thats exactly how much silver i hold
>would own 0 oz if it werent for these threads
very based
>i was pissed that no one could make a proper case for the thing. And, still, no one really has..
same with me although i havent even gotten to reading the white paper yet

>>17042009
My house has appreciated roughly $27g's per year since 2012...

In all seriousness, how does a financial reset reconcile with alien disclosure? Is it because the reset has to happen first? I just cant imagine how the uses of money will change after disclosure

Durr sorry about saging, thst was from another thread

>>17044137
I dont like the fact that chain links logo is a 2d cube (aka star of david) with the colors of Israel's flag

>>17044111
Hmmm nice, is there a risk of getting scammed on shady estonian sites ?

>>17044558
Estonian here. TAVID (sometimes branded TAVEX) is the most trusted local seller, they operate all over Europe and originate in Estonia

also see: https://www.celticgold.eu/en/buy-silver.html..

>>17044579
From their site:
Why is buying silver different from gold?
Silver in almost all EU countries is subject to VAT. CelticGold sells silver in Estonia VAT-free. In order to receive your goods VAT-free in your country you need to find a suitable carrier and instruct the shipment for yourself.

If CelticGold would ship; by law we would have to charge VAT of the country we ship to. If you buy silver in Estonia - by law - you purchase silver without vat. The transfer of ownership takes place in Estonia. Therefore you need to pick-up or instruct shipment.

>>17042009
>doesn't know about the 95% "windfall" tax on precious metal gains that will be passed to make sure "hoarders" pay their fair share
Anon...

>>17044642
Boating accident at Disneyland

The shills are kind of getting to me. I have 100 oz. silver but am I shooting myself in the foot by not pumping fiat into stocks or crypto? I currently have holdings in a 401k, Robinhood, some crypto, and now physical silver. Is the fiat I've got in silver better elsewhere? Silver holders from 90s saw all of the stock gains pass them by and they've still got silver.

Are the shills shilling or are they right? Anons, I'm breaking down...

>>17044743
Personally I'm not shilling to pump the price because I want to buy more. You can sell your silver to me if you want

>>17026678
ALL OF IT.

>>17026965
Look everyone, it's the tripfag faggot who has no friends! NOT EVEN /biz/ FRIENDS! It's because you're a douchebag. Lighten up.

>>17044558
where do you live? If you're german, you don't have to import silver. There are local dealers that can give you a better deal without shipping costs etc

>>17044772
I'm talking about the shills saying that silver is a waste to put fiat in because better financial vehicles exist like stocks. I have trouble committing more than my 6% 401k (company match) though because the market is at ATH but it just keeps hitting ATH

>>17044841
Currently living in France, but might move to other EU country

>>17044743
silver is just insurance, go ahead and ride the fiat bubble for all its worth while it lasts, no one here is telling you not to

>>17044887
the best countries in Europe for buying/owning pms are the german speaking ones, Germany, Austria and Switzerland. Living in or being close to one of these would be ideal, but if not I guess shipping from Estonia is the second best choice

>>17044886
>I have trouble committing more than my 6% 401k (company match) though because the market is at ATH but it just keeps hitting ATH
This. I was around for 2008. Just when ATH and hyperinflated homes were being sold as the new 'norm'.
Looking back at last summer, silver is now $3/oz more and it hurts to pull the trigger on though.
I've been contemplating dumpster diving for scrap copper, then getting a $300 metal furnace and stacking that for a hobby that may appreciate. Seems to have a 3%yoy ROI

>>17026678
Ive paid off 45k plus the additional interest of student loans. 28yo poof fag. 8k crypto, 4k PMs(25% silver), 10k Vanguard 2055 RIRA. Saving up for a Vanguard dividend for long term hodl and looking to buy a house in the spring. Living with mommy and daddy.

Am I going to make it?

>>17044932
Alright, Great thanks

>>17044998
Sound like me. I'm currently back in uni but will have 50k to pay if I don't pay anything while I attend (probably 2 years left but I'm still working and make ~45kUSD/yr pre-tax)

12k crypto, 34k 401k, 2.5k Robinhood, 7k cash, 100 oz. silver

Not sure how I measure up at 28 y/o burger because I feel like I've really fucked up my life so far lol

>>17044932
U can check gold.de if u wanna find the best price for pm dealers in Germany, Austria and Switzerland.

>>17045276
I can't imagine not paying off my student loans early. I know people paying 4000/year just in interest. I can get a decent house for 120k where I live and will put down 10% plus costs on a 15 year mortgage. Hoping to be debt free again by 38.

>>17044998
From my experience, you'll add a zero to your net worth in the next five years.
I bought a house around 25 y/o (2012-ish). Cheap $150K piece of shit.
Had a girlfriend making $35K. I was part time making $12/hr when I wanted to work. Our net worth was probably around $40K.
Fast forward 7 years and we're married with 2 kids, that piece of shit house has appreciated 30% and is getting paid off next month, plus we have six figures in (((roths))).
We're very, very common people who don't do anything extraordinary. It's slow and boring and you'll never think you'll make it, then one day you'll sit down and say, 'I'm on the right path'.

>>17045345
I want to pay towards the loans but it's financially difficult for me to do because it seems like the value of every asset is pumping while the purchasing power of the dollar drops yearly. In my mind I am wondering why I would pay a dollar towards debt today when I can use the dollar today, get it into an asset, and then pay off debt tomorrow with an ever weakening dollar

>>17045477
You obviously don't know how interest works.

>>17045512
To be fair, he does.
He just sees the positive interest of investments verses the negative interests of loans ;)

>>17045359
I hope so. Girlfriends and kids are bad investments so I won't be participating in those activities.

>>17045512
Yeah, I do. I also know that the returns I've been getting in crypto and the traditional markets have been higher than the interest on any debt I'm accruing. Why would I pay down 6% when I'm getting 10+% elsewhere?

>>17045530
If you have 50k in student loans you are likely paying over 2500/year interest. The best investment is to pay everything off early. That 50k turns into 100k faster than throwing a few thousands into stonks, shitcoins and silver.

>>17045566
I don't have them now. I started going back to school in September to finish my bachelors and won't finish for another 1.5 years or so. I am working FT as I do it. My dilemma is paying the debt down as I go vs. pumping money into stocks and crypto now and paying the debt once I finish school.

It’s so hard to fight the temptation to buy on days when spot is down somewhat significantly. I’m totally new to this and set my budget per month at about 5 oz but have already bought twice that amount in January.

>>17045566
I know, all things being equal, it's a basic numbers game.
That anon most likely has a fear of missing out since the markets are at ATH.
We're likely all here in the silver thread because we know it's paper money and eventually what goes up must come down.
With that in mind, the safe bet is to pay off the debt. It'd be gut wrenching to put X into the market instead of towards debt just to see it become 2/3*X

>>17045604
Absolutely pay as you go, then get out, get a good job, and blast your investments. You may time it right to be investing when shit is on sale instead of at all time highs, laughing as all of us cry about how we bought when it was so much more expensive.

>>17045604
AFAIK interest doesn't begin to accrue until you graduate, or?

>>17045641
>>17045566
Thanks for talking to me like normal people.

Do you think I'd be okay if I allocated like $500/month towards debt and still allocated money to stocks/crypto/silver? Or is it better for me to shovel every penny I get into debt and just abandon any money into investments until debt is paid?

>>17045666
I've got to double check but when I looked into it when I started going back that was the case. Perhaps I misunderstood.

>>17032763
40oz stacklet here. Goal is 100oz silver, 1oz gold

>>17045673
Let's look at a 5 year road map with >>17045687 in consideration.
2020
>Have $55K net worth
>Never, ever withdraw your Roth
>You have $21.5 in liquid assets
You make $45/yr or you see somewhere around $2,500/ month
>Take out $50,000 loan at 10 years ($575/mo at 6% - first student loan calc. I found).

Now lets set that $5oo/mo aside and say the loan doesn't collect interest in the next 18 months.
>Put it in the bank and it becomes $9,000
>Put it towards the loan and the loan becomes $41,000
>Put it in the stock market and roll the dice with all time highs, with the best ROI being around $400 and the worst being perhaps -$1,000+?

If it were me, I'd use the $21K to pay for school, then store the $500/mo in a CD (I know, I know) and try and try to drag out getting a loan at all. But obviously we aren't looking at life crippling scenarios any which way I've laid out.
Do you company 401 match and save cash to tackle that loan.
>>17045531
A working wife is goat tier - double your income and cut your chores in half.
Kids? So far they're dirt cheap, but that's going to change in a few years.

>>17039164
That looks like Czar Nicholas II.

>>17045666
Mine accrued while in school.

>>17045673
>>17045812
Here's a visual, again, a basic numbers game.
I think your question is how to make the most of the $8K you could set aside when/if the loan doesn't collect interest. My advice is to keep it save and don't lose it.
The other question is how to make the loan smaller, so you're not paying as much interest.
It's not hard, you just have to sit down and look at the numbers, make a plan, and stick to it.

>>17045673
For me I would look at your loan payment plan. Discover had an easy slider tool. At one point my minimum payment on one load was $73/month principle, $93/month interest. That would have lasted 30 years. I would at least make an additional principle payment monthly. If you can afford to invest 500/month with debt. I would say make 300 in additional payments. And the rest into something safe and long term. I would also use the 2.5k in Robin hood and 5k cash to put towards debt as well. Keep your 401k, crypto and silver. That really good if you get debt paid off for your age.

>>17045812
Thank you for laying it out like that. Let me add a few more variables.

I am only finishing my bachelors because I've got some opportunities through existing networks to get new jobs (HR requires bachelors checkbox) The jobs I will have access to will likely start around $50k/yr. entry but clear roadmap to increase salary by leveraging my existing network (network is aware of these plans, they're the ones who encouraged me to return to school because they can offer assistance in getting me in at their places of employment if I so choose)

My income will almost certainly be higher post school as I wouldn't have returned and taken the financial burden if I didn't think I'd have more opportunity on the other side.

Girlfriend wants to buy a small house together with the modest inheritance she got. Still unsure which path we will use with the money/mortgage but I was leaning putting a decent downpayment and the remainder in dividend aristocrats or something and dividends pay mortgage and other house related expenses. This would ease the burden of living costs so I'd be able to dedicate more money towards loan repayment and investments. We haven't dived into house financials yet so any advice is welcome. Inheritance is 240k, she wants to get a property 180k-200k.

>>17046015
I'm going to sit down and reexamine how my student loans are laid out but from what you lads are saying it looks like I'll be best served blasting away at my loans even before I finish school.

Sorry for derailing the silver thread btw I went down the rabbit hole and you guys were more financially literate than many of the people I know IRL who just fall for normie consoom and pay later in perpetual debt and poverty status

>>17046108
>>17046123
Lol I accidently autofilled my customers name on /biz/. Pound away at the loans. Tax returns are great for student loan payments. We are relatively the same age and I wish I had 34k to grow in a 401k. But being debt free I can realistically put like 1500/month into retirement if I wanted to so only having 10k isnt that bad. I own my car outright that will last another 10 years. My company pays my cell phone bill. I dont do monthly subscriptions like Prime/Netflix. Car insurance is my only real reoccurring costs but I work from home so who cares?

>>17046018
Sounds like you all have your ducks in a row, it's just about squeezing the most of your stored value and ensuring a good future for tomorrow - what I feel is the essence of this thread.
Housing is a big bone of contention for me. After 7 years as a home owner, I've realized a personal home isn't an investment. Sure, it's a better choice than renting, but you still have to 'pay your dues' and don't expect a ROI.
What do I mean by that? You get dicked every corner of the way.
For simplicity's sake, let's say on a $150K home, you pay each year:
$1K interest and $1K taxes and $1k in repairs.
That's $250/month in 'rent' you'll always be paying.
Tack on interest payments (you thought those student loan interest amounts made you depressed ...) and major home repairs or renovations (a new roof could be $6-$10K+) and it sucks. At absolute best, you'll break even when you sell after a realtor takes a 7% cut.
So my advice is to buy small and stay small. Pay it off and use that money to invest in rental property where someone else foots the bill and you get a free property in 30 years.

But that leaves timing. In good conscious, I can't suggest getting a home at the peak of the markets where bad news is all around us. I truly believe we're in a recession and it'll be announced this year. That's why I'm in this thread. To get a jump on protecting what I have and perhaps even growing it. But your GF has enough money for a nice, starter house. I wouldn't look at a loan - buy outright. No reason to pay interest on money you already have. You guys would bet set up for an amazing future. Paid off bachelors and home by the time you hit thirty. Makes me laugh when you say
>Not sure how I measure up at 28 y/o burger

You're in a perfect spot from my perspective. Walk away from the markets at their peak and invest in yourself, then come back to the markets when items are on sale and you have even more money.

>>17046270
That is how I see it. A small 2 bedroom house where I live, utilities included, I can find a place to rent for under $600. Is it really worth owning a 120k home if I can rent something similar for $600? Seems a lot less stressful and almost a better financial decision since you said taxes, interest and repairs are already 250/month.

>>17046313
Um, my house was $107,000 and with all taxes, insurance etc my mortgage is $680. I spend about $1200 per year on upkeep. So, around $875 with all utilities

>>17046313
Depends on how long you're going to be there.
A renter is paying everything a homeowner is, plus a little more for the landlord's taxes and assurance.
If I had a life to live over again, one without a gf and now with kids, I wouldn't get a home. I'd kick it in a large van or truck and spend all my 'rent' on real estate or stock investments, but I'm wired a little differently.
I've been reflecting on my house, which is finally getting paid off next month.
In 7 years:
>20K in interest
>17K in taxes and insurance
>6K for a new roof
>3k diy bathroom renovation
>1k for insulation
>800 for a water heater
150,000- (200K X .93 - 47,800) means I'm in the hole 11,800, or I paid $140 in rent for the past seven years.
Not a bad deal, but it drives home that personal real estate isn't an investment. Buy small, stay small. Drives me up a wall when I see kids jumping into a starter home thinking it'll make them a millionaire.

I understand the pros and cons of rent vs. own but my gf wants to buy because she thinks it is stupid to pay somebody else's mortgage and she wants to be able to modify the property or do as we please without seeking landlord approval. I've pointed out that (((they))) have rigged the game to the point where you never really own the property but she still likes the idea of having our own place (even if it can be taken by the state if I don't pay my yearly serfdom fees). Ultimately, I don't feel I can spend her money for her, only offer and information or knowledge that can help her decision, but I think I also prefer ownership for the time being. Idk, something about having my own little slice of paradise where a landlord can't dictate what I'm doing

all this talk about houses. i personally can't wait till all these fudders are right and silver drops to $0. im going to build a "free" house from 1 kilo bars cemented together with gold.

>>17046696
Even if silver dropped to $0 I wouldn't care because I've gotten value from studying history, talking in these threads with you guys, looking at it and playing with it in my hands. It reminds me of pirates and kings of old and is appealing to my monkey brain. I would view the money spent the same way I view the money I spend on pints with my mates, ticket to a sports game I enjoy, or money spent on video games. Silver scratches my itch to consoom, I have learned stuff along the way, and the hobby has at least some chance to be financially prudent down the road.

Silver is my version of Funko Pops

>>17046665
I hear her, there are days where I want nothing more but a big plot of land and a big pole barn to be king of /diy/, but then I realize my costs would double and how much that freedom costs.
It's a sticky situation, but I suppose one way to weather a bubble is time. It isn't a great solution and even worse goal ('It's ok if we get ripped off - we can just baghold for 10 years!).
I suspect if you can get her to sit out this Spring's housing season, you'll be in a good place to show her that next years' houses will be even more on sale.
Pic related. If I didn't get stupid lucky timing the market, or if I wait and sell when things drop, I'll have paid $700/mo instead of $1-something.

>>17046760
I've managed to buy some time. I know the markets are in an unsustainable precarious state and she's willing to listen to that but she also says she doesn't want to wait years, which I understand as well. I've been able to buy some time with a "babe, let's save some additional cash because we don't want to be home poor" so I've made an arbitrary number to hit that could be adjusted based on how things are going. She feels like I don't want to get a house and start the next chapter of life with her but my /biz/ brain really just doesn't want to buy the top lmao

>>17046696
typical all or nothing polarizing biz poster. why must every post on this board be written in terms of black and white and no grey areas, zero nuance, low effort black pill
>>17046665
this guy get it

Does silver kill viruses, frens?

>>17047349
No. Only bacteria

>>17046355
Did you have to put any portion of the price down up front?

>>17044998
the data here is skewed. relative to the general population you're doing great for 28.

>>17046759
Seething cope

Sitting on 410oz of silver and will stop at 500oz due to storage limitations, also at that point I will mostly be focusing on my gold which is only 3.6oz right now. With the huge and ever increasing debt ratio of the dollar I don't feel like I have much alternatives other then stocks and metals...

>inb4 buy crypto!
It's to vulnerable for me to consider long term, if global trade breaks down or significantly reduces you would be fucked as most of it would become lost in the "ether"

>>17044743
Yes, you are missing out. Fuck PMs. I have heard their spiel for 15yrs and it is fucking old. They are the OG shitcoin shillers.

>>17048082
What do you mean skewed? Most of my friends have to much student debt to have a positive net worth. I'd like to double my silver and long term retirement hodls in the next two years or so. I dont have a 401k so my Roth IRA can only take 5.5k or what ever. I play with $300 in stonks. Once I get 10% gains I usually swap it for metals.

>>17039063

You're not wrong, but people will want digital payments.

Why should I buy Silver over Bitcoin?

>>17034579

Holy fuck, here in the EUSSR you are happy if you only get raped for 12% of your purchase price over spot due to "special taxes", otherwise it is 21%. 89 cents is insane.

>>17048896
Because if the CCP dies and China gets fucked then bitcoin is fucked, Crypto will most likely survive but a huge segment of the miners and market is beholden to stability in China. Historically China has not been very good at staying together, just remember how quickly the USSR fell apart and then take a good look a china.

Bitcoin is very much tied to politics and the nation state. If this was last year I would say crypto, but silver and gold seem like much safer bets right now.

>>17048888

>>17040775

They usually come with a piece of foam on top to keep the coins in place? Maybe that's just maple leaves.

>>17049010
Fuck that shit, 5-7% round here is considered average (though some places may give you 3% for certain coins/bars). Thankfully my cousin is a jeweler and will take my silver for 1% below spot as long I buy a gold ring every now and then. I now have 7 of those horrible clunky square gold rings that were popular in the 70's, but gold is gold at the end of the day.

EVERYONE NEW THREAD!!!

>>17049061
>>17049061
>>17049061
>>17049061

EVERYONE NEW THREAD!!!

>>17041967

>own property
>forced to pay rent to the state

Such is life in the EUSSR

>>17048626
Good thing it takes way longer than 15 years for a society to break down.