/biz/ - Business & Finance

BEFORE YOU START BUYING ONLINE CHECK FOR LOCAL PM'S RETAILERS FIRST!!!

Best places to Silver at the moment( if you know any other good places to buy silver feel free to post links)

https://www.texmetals.com/

https://thecoinshoppe.ca/

https://www.apmex.com/

https://monumentmetals.com/

https://boldpreciousmetals.com/

https://sdbullion.com/

https://www.jmbullion.com/

https://www.providentmetals.com/

https://findbullionprices.com/

https://www.txauction.com/auctions/804/1/

https://www.silvergoldbull.ca/ for the fucking leafs

For the Euros
http://goldsilver.be/ (low price, be sure to be home when UPS guy drops off the package)

http://europesegoudstandaard.be/ (low price, low security)

http://goud999.be/ (ok price)

https://www.bullionbypost.eu/silver-bars/5oz-silver-bars/
TAVID (sometimes branded TAVEX) is the most trusted local seller, they operate all over Europe and originate in Estonia

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


If you also into crypto but want a price of silver check this out:

https://www.agxsilver.io/ One AGX coin = 0,54$ physical silver

Buy these PM counterviet veifier tools to make sure you're not being scammed

https://youtu.be/7obFLE1Q-6w

https://youtu.be/0jZQAd-Oif8

https://youtu.be/DrHGqqr7v7c

AMAZON SE 8036TM-NEW 30” Telescoping Magnetic Pick-Up Tool with 15-lb. Pull Capacity

AMAZON BelOMO 10x Triplet. Jewelers Loupe Magnifier 21mm (.85")

AMAZON DIYMAG Powerful N52 Neodymium Disc Magnets

EBAY Magnetic Slide Counterfeit Magnet Test

For the anons who plan on sinking huge investments into a lot of PM's here's
EBAY Sigma Metalytics Precious Metal Verifier Basic Set

EBAY Sigma Metalytics Precious Metal Verifier Bullion-3 Wand Set

EBAY Sigma Metalytics Precious Metal Verifier PMV PRO

EBAY The Sigma Metalytics Precious Metal Verifier PMV PRO w/ small wand and Bridge

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

No FUD first post this time faggots.

Buy stock. 1 year ago, if you bought AMD you would have doubled your money already.

>>17278882
stay in /smg/ you fag

>>17278882
> he thinks we care about fiat numbers

>>17279012
Yeah, when the world ends, you can keep the rapists away by offering metals.

>>17278822
It literally doesn’t matter what the silver:dollar ratio is you dipshit currency has nothing to do with the value of metals and it never will again you absolute fucking brainlet.

Here’s a tip for all you dumbshit babies reading this and thinking “wow I should buy silver” did you ever notice how whenever precious metals are shipped, like all those gold buyers at the mall, that they pop up at the worst time to sell and offer bullshit prices? They air tv commercials that outright literally lie about the value of gold to try to get you to sell? Well now those same buttfucking predatory faggots want you to buy it. What do you think that means?

>>17279136
stack silver?

>>17278882
>If you don't sell, you haven't made anything
>You can also double your money playing blackjack

>>17279136
They're shitting on PM's all over the place, they're not trying to get people to buy, they only advertise that "Gold is at record highs!", which means they want you to sell, while simultaniously they are buying as much as they can get their filthy hands on.

>>17279181
Stocks are way safer than gambling. Look at AMD right now. Remember that number. While you are celebrating new years, take a look at it again. I bet you it doubled.

$9 is where bottom is, below that no mine can extract with profit.

>>17279289
>Stocks are way safer than gambling
And PM's are way safer than stocks. I'm not saying you can't make money from stocks, but the risk/reward is getting much worse with every day. I may jump in once Trump offers that fancy tax break for stock buyers to get some free money, but I'll be bailing out quick once I see some gains. This whole thing screams of worldwide pump and dump. I look at metals like a real savings account that pays with interest. I'm buying some mining stocks too. But any money you get from stocks after you sell needs to be protected with PM's or land, there is no other place to put it.

>>17278882
>just gamble bro i won one time so youre guaranteed to win too

>>17279379
>And PM's are way safer than stocks
Blatantly false. Compare any index with silver.

>>17279379
The stock market has been climbing since the 1900s. At no point has it ever pumped and dumped. Other countries see how US dominates because of its stock and they are all trying to copy the success by launching their own over the last few years.

>>17279393
This is like saying betting on Michael Jordan and the chicago bulls was pure luck.

Topic is pretty simple: you should own some silver, just in case.

>>17279498
>The stock market has been climbing since the 1900s.
What was created in the beginning of the 1900s?
> At no point has it ever pumped and dumped
Tell me how I know that you understand 1 gram of monetary policy.
> Other countries see how US dominates because of its stock and they are all trying to copy the success by launching their own over the last few years.
He actually believes this.

>>17279491
Compare any index with gold.

>>17279378
Does this mean we are going to nine? I'd load up if that was the case.

>>17279289
Stop talking about stocks this is a PM thread you faggot.

For the record I did buy lots of AMD, 5 years ago. 2,670% since then. Now I'm buying silver. Cause I'm smarter than you are. Faggot.

Silver has use in all kinds of important tech that wasn't around 20 years ago. I'm stacking silver because we will straight up RUN OUT in our lifetimes.

GENERATIONAL DEBT BASED FIAT PONZI

>>17278882
>2x
lmfao okay smallfry

>>17278822
Why silver over gold? That's way too much weight. You can walk around with a 10oz bar of gold worth 16k. Imagine trying to carry 16k around in silver. Makes no sense

>>17279658
>because we will straight up RUN OUT in our lifetimes.
lol, you'll be 80 by the time that happens.

>>17279644
Silver needs to reach DEPRESSION before it can start a new cycle.

>>17279644

>>17279690
Do you want me to say buying sava at cents a year ago would net you over 10x since? You don't know what sava is

>>17279691
Silver is almost at the bottom, gold is around ATH.
Silver can only go up, we use it for mirrors, electronic etc.

>>17279691
You have no idea how retarded that comment was.

>>17279691
Gold is way above it's production cost, silver is at the bottom.

Gold could be much cheaper and still produce.
Silver drops $4 and all world mines stop.

>>17279836
That's actually a good thing that the gold supply is dwindling and it costs more to mine it.

So how do you cash out your silver?

>>17279999
Nice digits.
-ebay - best selling prices, but slow
-big vendors - 97% spot prices, but quick

>>17278822
>Silver/Dollar ratio is currently $1,104 per oz

Whut? Like really.

>>17279498
>"The stock market has been climbing since the 1900s"
All while earnings growth adjusted for inflation has been 0% since the 70's.
>Earnings per share are UP!
Total # shares outstanding is at all time low
>Buying at high CAPE ratios
Idiot.
Also you don't realize that from 1929 to 1980, the stock market didn't go up.

>>17280041
Thanks, I've wanted to start stacking a tangible asset for a while but I wasn't sure how individuals normally sell it.

>>17278882
You can do both you know, precious metals are good for hedging against inflation, stocks are good for taking advantage of gains in the economy. They serve different purposes.
If SHTF it's good to have a bit of money that can survive, even if shit doesn't hit the fan it's a relatively low risk way to beat inflation.

>>17280077
Check out how much silver is being sold on your local ebay. I doubt any coin being sold below normal prices.

>>17278822
>Went to a coin show yesterday
>Show up and surprisingly parking lot is near capacity which is odd
>Walk up and there is a short line at the door which is also very odd
>Get inside and the place is packed!
>Walk over to the first table and ask the vendor how it's going, he replies with "I've never seen it like this before, I can't keep up"
>Decide to walk around and just listen a bit to see what everyone seems to be interested in
>80%+ of the people there were buying silver
>Start asking vendors what is hot today and the consensus was Junk silver, Silver dollars, and Silver bullion were the most sought after items of the day.
>This is actually very surprising since most of the time people are looking for and trading rare coins and paper money vs buying bullion
>Ask another vendor if he has ever seen it like this before and he replied with "No, and if this keeps up will be sold out of junk/constitutional silver by the end of the day"
>Listened to one guy explaining to a dealer that he was there because he heard that silver mines would be dry by 2021 and silver was going to skyrocket


Keep stacking, silver chads! The word is spreading and people who wouldn't normally stack PM's are starting to stack silver and some gold. The demand is going to increase rapidly it looks like.

>>17280202
What was the demographic there? Mostly boomers?

>>17280202
I had a feeling I'd be hearing about stuff like this happening more often. Shit's getting bought up all over and eventually stock is gonna run out in a few years.

>>17280281
Surprisingly mixed, even a few zoomers there with their parents buying coins.

>>17280355
Judging by the response of most of the vendors it is already having a short term impact on their inventory.

>>17279999
You don’t. Why would you

>>17280480
Do you just swim around in your bullion like Scrooge McDuck?

>>17280202
I’ve bought the starter kits from
> JM Bullion
> MoneyMetalsExchange
> Provident Metals

Plus various other assorted coins and bars. What should I buy next, silver chads?

How much is China and Japan's virus problem going to affect the global economy?

Was not going to buy because I expected a new bottom in spring but this sudden problem is making my trigger finger itch.

>>17280526
Silvergoldbull has a nice 10oz bar at spot.

>>17279999
>>17280519
You sell your silver into the new fiat, that's when you cash out. Metals are a long term hold.

>>17280526
Just stack cheapest official coin your country sells, if there are none pick silver eagles/maples

>>17280526
Cool book you might want to buy.

>>17279658
Ok shill me on these technologies

>>17279105
>oh noes, I can't have a gun now that I stack silver!

>>17279704
Yep. I'm thinking 12. But 9.5 could do.

How is it possible?
Still lots of pajeet demand.
Silverware, jewellery and investment demand from india is close to 200 million ounces per year.
Almost 1/4 of total production.
They wont buy when silver makes a run for 20 bucks.
Alexco is waiting for +20 bucks to start production of 3,5 million ounce mines.
Hochschild is waiting for 20+silver to restart the Arcata mine. (6 mil oz)
San Cristobal (20 mil oz) might restart production.
There's at least one other that I forgot.

There's so much production that can come online at 20 dollar silver and there's so much demand that might go away at high silver prices...

I think we're going down first, fellow silverbugs.

>>17280530
There is a thread on /pol/ right now saying China is burning mountains of cash they think might be contaminated with corona. What if they decide to start minting silver coins or even silver plated coins for circulation because silver can't transmit the virus or any other virus? What if every country starts doing it?

Inflation adjusted silver didn't break ATH in 40years.
This time it might, who knows.

>>17281026
Well to be fair China was for years looking forward to end cash for total surveillance of its citizens. in most cities stores only accept phone pay with facial recognition.

This virus is a great excuse to end cash forever.

>>17281065
So it was just a meme that facial recognition didn't work in China because they actually do all look alike?

>>17281111
Digits say it must be true.

>>17279999
Also checked.

>>17280996
Any opinion on this chart?

>>17281251
Aand then the chart gets reset when prospectors find another untapped mother lode.

Scientists for decades said that we will run out of oil in 20xx, and then push the date forward when we find another mega deposit.

>>17281251
This is just a guess. I'd take it with a grain of copper

>>17278846
BASED
>>17278882
Look at this seething kike, you are too slow this time faggot

>>17279691
Silver is undervalued
80:1 buying ratio
Silver has more industrial uses
More silver is being lost, practically no gold is lost
Silver is just a better metal, its metallic properties are second to none
There is more above ground gold than silver, hence silver is actually more scarce than gold

>>17281251
>Any opinion on this chart?
Useless shiny rocks
Copper is just as good
Asteroid mining
Uh, okay boomer

>>17281444
Not for long.
JP will flip it.

>>17278928
97%? That sounds pretty high. I'll assume you're referring to when gold is rising.
As I type this gold is at $1586. If you were to sell a 1 ounce Gold Eagle to a coin dealer or jewelry buyer what do you think would be a reasonable price to expect?

>>17278822
These should really just be 'precious metals general' threads. Silver probably has the best upside right now of all of them, but gold's been performing better for the last 60 days. Let alone platinum, rhodium, and copper which I don't even fuck around with but lots of people have made good money on in the last year.
Silver is literally the only precious metal right now that hasn't had significant price action in the last 60 days. It's setting up for a nice bull flag, but why do we need a daily thread about one specific precious metal when literally no news has happened about it in the last 60 days other than a constant price bounce between $17 and $17.80?

>>17281522
>buy high

>>17281536
I'm not saying to buy high, I'm just saying why don't we have PMG instead of SG?
I literally have a 250 oz stack of silver, mostly bought around $15. I'm very happy with my silver right now.
But nobody here wants to talk about rhodium making massive gains? Or how much you could make if you took out a copper short recently?
Nobody wants to talk about gold being about to breach new ATH in USD?

>>17281569
Fair enough

>>17281026
Yes, in fact today I read that China has just printed $80 billion fresh yuan to replace old currency that may carry Coronavirus.

>>17278822
Bix Weir -- who believes silver will go to $1,000 and temporarily maybe even 1:1 with gold -- has said he sold all his gold to buy silver.

should i stack more?

>>17278829
I would avoid SDBullion (I realize it's not in the list but it's apparently popular with YouTube channels) because they've sent me multiple badly marred silver and gold coins and didn't even have the courtesy to apologize or offer replacements when I notified them about it. One coin had a dark black defect on it that can't be removed. That makes me question SDBullion's quality control. I much prefer Money Metals Exchange and JMBullion.

>>17281498
97% of spot price, 3% cheaper than silver price on charts.
If you buy premium coin for $35 they will still give you -3% spot, around $15.
But they take any amount.

>>17281676
If you can afford what you already have, then yes, definitly.

Silver has it's own halving.

>>17281676
Don't stop never stop

>>17281712
The only problem I had with SD was it took a long time to get my order. It's at least partially my fault because I insist on paying with a paper check. But I do the same thing with Apmex and JM and always get my order in my hand in less than two weeks, 10-12 days after I click the order button. It took three weeks to get my metal from SD.

I'm considering selling my 160 oz stack of eagles and maple leafs to buy guns and ammo. I really want to stock up on a few ar-15's and tons of ammo for them in case bans get put in place. I feel that guns and ammo will appreciate better than silver anyway, and i would much rather have a gun i can use and enjoy versus bullion sitting in a safe

>>17281413
this meme is good bu why does it use the face of that traitor. Don't you know about Executive Order 1111? He helped (((them))), he's was an useful idiot.

>>17279999
You don't

Why not buy Palladium? I got kg's of it at work for the production and analysis of metallic glasses.

Would you buy generic silver from a stranger?

>>17282333
Only if they accepted magic beans as payment.

>>17282310
Why would you buy ATH?

>>17281991
It's because it's not profitable enough to mine it and we've stacked up so much of it. There are silver mines in Africa that have rich vein but are not being worked, they're waiting for the price to spike.

>>17282418
Chart just reproduces the scientific advance on creating bulk metallic glasses from Palladium.

>>17282503
Interesting. Can you tell more about that?
I knew about those frames but had no idea they are significant in any way.

>>17281251
Well we're here in 2020 and most mines are churning happily along.
I think that because silver is very often a byproduct from a base metal mine, it just doesnt get searched after very much and not very well mapped either. I wouldnt give it too much thought. Everything is supposedly finite but name me one thing that we used to mine, that ran out and we dont mine anymore?
What are the odds that the first thing to run out will be silver?
It will never run out.
It might become uneconomical to mine it, at which point price will rise to make it economical again but i dont think we are there yet.

is there a discord?

>>17279379
>Trump

I have to say that something tells me PMs might run up to the election, especially if Bernie gets the nod and the polls run ultra tight like they always seem to right up until the big day. If Bernie actually wins I would have to think PMs would absolutely skyrocket with suddenly so much monetization in play. On the other hand, if Trump wins then maybe it dips? Then again, heavily one-sided trades often turn out to surprise and so anything could happen. My amateur prediction is 70% chance of Trump victory depending on what the Dems try to pull between now and then.

>>17282659
I think this chart means "will run out of profitable sources at current price range"
With todays inflation only mc donsld's hamburgers stay at the same price.

>>17282782
I would like to know as well, tried looking but with no effect.

>>17281028
>LEGENDARY BOBO INCOMING

>>17281444
>There is more above ground gold than silver, hence silver is actually more scarce than gold

Is there?
With gold they assume its all still there, all the gold that was ever mined. Or at least 95% of it. Which makes it about 6 billion ounces.

With silver they mine 850 million ounces every year. The 2019 world silver survey accounted for 2,5 billion ounces of in institutional stockpiles (government, ETPs, custodian vaults)

Then you have us little stackers with our bullion coins, which saw an explosion from around 40 million oz minted per year around 2005 to about 100 million oz every year since 2010. So thats another billion in the last decade.

That doesnt include silver bars, jewelerry, silverware, silver coins from back when governments used it for official coinage, or bullion prior to 2010.

I think at the very least its getting close and that line of more gold than silver was probably true ten years ago but alot has changed since.

Stacking wasnt popular 15 years ago. Now there is alot of silver amassed at homes of silver stackers.

I bet this thread alone holds over 100k ounces of silver.

1/10 gold pieces shot up like 7% in premium since Friday. They goyim are waking up and are stacking because we all feel it in the pit of our stomach: we're in the endgame now, lads.
The dollar is worthless. It's a global generation debt based fiat ponzi scheme.
We've allowed sick fucked like Clinton, Epstein, Trump, Weinstein to run this country both in and out of public office. Fuck this gay ass country. Let it fucking burn.

>>17282452
You got names of miners of these high grade veins that are dormant?

silver is garbo, no point to buy that worthless piece of shit metal. Buy stocks if you want real gains

>>17283159
Gains are good for boys, man choose real wealth.

>>17281458
JPM has about 700-800 from my sources inside the banks
Listen to this, ted hits the nail on the head

https://youtu.be/wLqH12A9UT0
>>17282242
JFK isnt a traitor, sure he was an agent at one point but he went rogue with EO 11110, if enacted, it would have killed the federal reserve, and this the control arm of the top

the issuance of Executive Order 11110 was an effort by Kennedy to transfer power from the Federal Reserve to the United States Department of the Treasury by replacing Federal Reserve Notes with silver certificates.

They killed him for it and they even killed his son too because he knew too much
JFK was the last president who wasn’t in the tops pocket

>>17281670
Bix Weir seems like a hack but I still listen to him sometimes

>>17278928
All I have are 1oz bars will I be fucked?

convince me not to sell my silver and buy a ton of ammo and rifles

>>17282926
No one can get real time stats on the differential because a lot of gold and silver are in private hands
But from everything i know there is 2x more above ground gold than silver
That is all fine .999 silver though, this is not accounting other forms of silver

>>17282206
>>17283284
Sell your silver for guns and ammo.
Or don't, no one cares.
Happy?

>>17283284
Will never be a doomsday SHTF anarchy
You’ll miss out on the greatest wealth transfer in human history
Even if SHTF actually happened, you would still be able to trade your silver for guns and ammo, and at a much much higher purchasing power than current trade value

>>17282828
>>17282799

read the OP frens (riot group)

>>17283284
Because we'll never get a truly unlawful society where you can actually trade guns and ammo without someone coming to fuck you up

>>17283284
If you don't have at least one gun and ammo for it you probably should get one. That's not even for 'collapse' purposes or anything, just common sense why wouldn't you want to have a gun?

>>17283326
If silver and LINK will make me rich in the next 5 years, I'll order my future Japanese Virgin Slave to suck you off. Fuck that, you can even keep her, I've planned my small investment based on your schizo conspiracies.

>>17283378
I feel like the boomers are gonna jump ship from the stock market and their pensions once things get too rocky to protect their wealth from whatever bullshit plan the gov goes through with. This may happen very soon, and probably has a 100% chance of happening sometime during or more likely after Trump's second term. They won't jump into real estate because there's gonna be over 21+ million houses for sale in the coming decade and millenials probably won't even be buying them. They also won't go into treasuries because they're not even going to trust the government at this point. They won't go into cash because there will probably be restrictions on it by then. They won't go to bitcoin because they are technologically retarded. They won't go into silver because they are going to be old and weak and won't even be able to carry it. This pretty much leaves them with one option, gold. I like silver, but gold will have it's heyday WAY before silver does, and that heyday will be caused solely by the boomers making moves with their money.

>>17283627
>buy 5 ounces of gold
>wait for gold to silver ratio to go retardedly high because of der boomer
>trade all gold for a reatrded amount of silber:DD
>wait for gold to silver ratio to collapse
>trade silber:DD for gulb:DD
>???
>profit

>>17283378
i'm not some doomsday prepper, i would just rather have a nice rifle to hunt with and enjoy at the range. Also i strongly fell that ar-15 type rifles will be banned or very expensive in the next 10-15 years, and i want a few before then. I highly doubt silver is going to explode anyway

Silver ICO'd on 9/11

So, are there any contingency plans for when the dollar shits the bed? What do we do, anons? Monetize 4chins?