/biz/ - Business & Finance

>>17322505
Boomer rocks

>>17322505
picked up a nice diverse stack this week

Buy Kleros instead.

>>17322678
Is that like a Greek silver coin?

>>17322505
why would you buy silver? is it ever used as money?

>>17323180
>is it ever used as money
Anon, I -

>>17322505
I'm done buying PM's for now, gonna hodl through this volatility 'till a significant dip. Sitting at about 9oz of gold, 300oz silver. Might stack some mining stocks in the mean time if I get some extra $.

>>17322505
Where would you go to liquidate precious metals?

>>17323727
There's a coin dealer very close to me that pays pretty well at least I think they do. I've never sold. Several more in Delaware if I feel like driving across the bridge one weekend.

I'll wait till it drops down to $14/oz
>>17323606
this

>>17323162
> In God We Trust
> Greek

>>17323727
Look into local buyers/sellers. If you're not trying to liquidate 10s of the thousands at a time it's not hard.

Also check local coin shows. There's a nice monthly one in my state as well as various other ones throughout the year and it's not hard to find people through that.

>>17322505
FUCK YOU, STEVE
AND
FUCK
MARYLAND

>>17323180
Because tangible assets are good to have
Yes

>>17324036
maybe it says Goat
and the image is a Sartyr

>>17322505
Also what's the deal from buying directly from the U.S. Mint? Why not just buy discounted coins from third parties?

>>17324205
They come like that when you buy 20 coins at any half decent coin dealer.

>>17324263
I got some silver dollars I purchased in 2015 and my family has an heirloom of gold turkish liras. I might go out and invest in some myself, once I see the economy start to retract.

Silver chads will inherit the /biz/ non-stonk universe when Chinese quantum computing, assuming Corona-Chan doesn't kill them akk, btfo of crypto friends

>>17322505
Fuck high tax Maryland.

>>17324497
Turk roach detected

>>17325306
Nah part of the family were Greek refugees from Smyrna, now Izmir.

The /biz/topia: currency reset to BTC, BTC is backed by gold. BTC, as a digital, electronic currency, needs silver and drives its demand ever upward thus allowing it to rise higher and higher which is compounded against the deflationary nature of BTC. Everyone against the USD and the Fed wins.

BTC needs silver

>>17325305
You have to buy more than $1000 of PMs to get the sales tax removed or drive to Delaware. Unfortunately all the coin shops in DE are pathetic.

>>17325518
Because nobody actually lives there except rednecks.

>>17325518
You could probably find a good one near Dover or whilmington desu

>>17325585
There's one in Dover that I walked into last year and asked if they had constitutional silver. They didn't know what I was talking about. I did end up getting some pretty nice silver quarters from there though.
After I pay for the gasoline and the bridge toll though it doesn't really save me that much.

>>17326040
Constitutional silver is the way to go, right?

Holding 80 oz stack of Maple leafs, Krugerrands and Philharmonics. Around 33% each.

We're almost at the level of price where I will break even from buying at a premium. Gold already has done like a 25% for me so I'm already in the green with my metals stack. I sometimes glance at the prices to see how much profit I made but I need to remember that metals are basically insurance and not some investment for absolute profit per se.

>>17323727
I'm not. I'm gonna go to the Blue Diamond Cabaret and throw my silver bars at strippers and try to knock one out.

>>17326193
based

i put all my silver coins in leather pouches and carry one full bag on my belt like im in medieval times

>>17324003
You weren't buying at $13.90
LOL
cope

>>17326223
Incredibly patrician taste, anon. Do you jingle jangle as you walk past homeless street niggers and pretend to be Scrooge McDuck?

>>17326223
Fucking based

>>17326040
nothing looks sweeter than constitutional silver though

Tachyon (IPX) is a decentralized internet protocol that aims to create a Libre, Secure and Private Internet for you, the Bitcoin Halving news is making a positive impact on it like a lot of altcoins

Tachyon (IPX), that is a decentralized internet protocol that will benefit 900 million users at least, it is also a low risk investment with incredible profit potential

>>17323727
The sun

>>17326111
well maybe if things get so bad that you need to barter.

If you just expect a normal economic crisis just get full .999 bullion coins

>>17322505
nice shitcoins.

>>17323606

>>17327264
How is that data determined?

>>17327313
I ask my mom

>>17327215
I buy junk in part for that but also so that if silver absolutely moons I can sell off my junk silver as fractional silver first while holding my bullion.

>>17327313
It says on a picture:
Sp500 commodity to sp500

>>17327334
If you need to buy and sell small amounts just use normal money.

..Unless you believe that money won't be a thing anymore.

>>17327465
The idea is to get around taxes. I would prefer to sell $10,000 of junk at a time first while I hold the bullion for longer term.

>>17327494
use cash if you don't like trails

>>17327264
This went down another 20% from where it was posted.

>>17323180
lol

Would you buy 100oz or bigger bar if the price was ok?

>>17327570
I would pay a few cents more per ounce for coins.

Much more convenient, trusty (bars are faked way more often) and liquid

>>17322505
>>17322505
I shove a stack of silver eagles up my ass. Just the coins not the tube, I like having a pure clean element up my rectum and know that even if I shit myself in public I have a clean metal that is cleaning me and cleansing my shit. Silver kills germs OP

my lcs paid me $1 under spot for a mix of round, bars, and coins today. did i get rekt?

Where is the cheapest place to get PMs? I usually use JMbullion or APMEX but they're seemingly always over spot, even the clearance ones. Any insight?

>>17327955
Why did you sell now lol?

>>17327955
>$1 under spot for round & bars
Meh you could've received more somewhere else but $1 under spot is reasonable

>Coins
Depends. If it was one of the more desirable mints like American, Canadian, Australian, etc. $1 under spot is "rekt" status. You can sell those AT MINIMUM at spot price Others coins $1 under spot are on the "could've done better" tier.

>>17328097
this

>>17327955
If your silver was bought with premium, you should seek to get it back.
Selling on ebay would give you better price propably.

REMINDER THAT SCHIFF DOES NOT WANT YOU TO HAVE GOLD/SILVER
HE WANTS YOU TO USE HIS LEDGER SOFTWARE AND JUST HAVE A CUSTODIAN FOR YOUR PMS
DO NOT TRUST HIM OR BANKS

>>17323180
>why would you buy silver?
silverfags are too poor to buy gold

>>17328584
b-but schiff will win..

>>17328625
>buying ATH
Good luck catching knifes.

>>17328644
SCHIFF WILL RUN WITH THE MONEY

>>17328644
The schiff will win tripfag is actually a fucking retard. Hope he KHS

>>17328646
i bought at $1,200 faggot stay poor

>>17328816
same. max comfy status

>>17328816
I did same, but why would i buy more now?
It's silver time.

>>17323180
My bucket of 1942-1945 nickels were. Those are 35% silver due to a shortage of nickel metal during WWII.

who?

>>17329196
me

>>17329196
me

>>17328646
Everything is at all time high, while the FED is printing into oblivion your money is worth less and less, and will continue. It’s simple math really. Put your cash into a safe holding. Crypto isn’t safe, everything else is gonna burn you in the near future except PM’s. People are catching onto this, that’s why everyone has been secretly stacking, including banks and countries, and why the price goes up even though the dollar and stocks aren’t going down. Bullish as fuck. Get on the train before you won’t be able to get shit. It’s not like gay ass crypto where you can just buy and sell whenever on a whim, like a bitch on her period.

>>17324057
This. Fuck Garrett County Police. Fuck Montgomery Countys ILLEGAL RAPING SPICS!

>>17329965
Silver sells at production cost and is right at the end of bubble.

Shit. It popped to $18.40. I was hoping to buy in the mid $17's next week, or fingers crossed, the $15's this simmer, but I suspect a recession (based on prior timings) will be in full force by then,

>>17330472
Next 15 month are the last time you will be able to buy that low.
It might go down to $15 but this ship is almost ready to sail.

>>17330472

>>17330666
>>17330688
Checked and checked.
I was in the 2016 and 2018 boat about this cartoon economy and was tempted to buy silver back when it was at this price, but this time I'm seeing even more writing on the wall.
I guess I'll start throwing my meager two or three hundred a month towards silver regardless of the cost as long as it's under $20.

>>17330736
Before silver bubble 1980 there was smaller one looking like todays chart.

>>17328097
trying to finish a second bitcoin before the halving

>>17328502
i forgot the exact ratio but it was like 5x bars etc/1x oz coins. i gave them 68oz for 1175 which comes to $17.27. now that i think about it it was $18.1x on the hour i brought it is so maybe it was only .9

>>17328564
to late sold some shit saying sales are final

>>17330971
its too late signed dome shit*

>>17330987
>>17327955
>>17330971
>user id
>sad i suk
sounds about right

>>17327334
the absolute state of /biz/ boomers and doomsday fags
don't buy silver to pay for shit in case the economy collapses, buy bitcoin or a cryptocurrency that scales for that matter as most payments will still be digital. You think zoomers are going to take metals with some masonic people's faces they don't even know about printed on in exchange for things? lmfao you are delusional.

>>17331340
Yes. They will buy it, and use it in growing industry.

>>17331380
>just buy my bags bro people are totally paying for groceries with electricity conductors bro

>>17331380
>just buy my bags bro people will be totally paying for groceries with electricity conductors bro

>>17331410
>>17331436

>>17331520

>>17331410
>>17331436
>>17331556

>>17326193
This. Only reason to stack

>>17331903
no arguments gang
>>17331938
based

>>17322505
>Silver.
Ties up your funds in a weak asset without enough volatility for you to actually make a decent profit off of it. What about it?

>>17331988
>B-B-BUT THE GOLD TO SILVER RATIO MAN
silvercucks fell for their animal insticts of accumulating shit for the sake of it

>>17332058
Being this mad over some dudes playing with rocks.

>>17332058
You still have time

>>17332260
i doubt it 2005 was the time to buy

>>17322505
Might be finally seeing some action with Silver. Ive noticed some lower lows and higher highs than usual.

>>17323606
Anyone have any good mining stocks to recommend?

>>17332384
For me it's about preservation + hobby. I don't expect to get rich off silver, I just don't have any faith in fiat money.

>>17332410
AG and NAK

>>17332419
Good to see a Silver enthusiast finally admit to it being a hobby and preservation method. I had to fud silver in several posts because Schiff and another tripfag were having gullible anons buying tons of silver by telling them theyll be rich. Possible but highly unlikely.

>>17332477
Silver will be over $300 within 3 years so yes if you buy now you will be rich.

>>17332496
sigh here they come again
btw do you have any book defending these ideas I could buy and a ref link i could use?

>>17332477
I think it's definitely possible, especially against the dollar. But if you're trying to get rich quick then shorting stocks and crypto would be a better gamble.

I just like putting most of my money into tangible assets since I live a pretty quiet life so having a lot of liquidity isn't very important.

>>17332559
You should call ceo of jp morgan chase and tell them to sell all 153 million oz they bought last decade.
I am sure he will be thankful, and who knows, maybe he will make you his right hand.

>>17332630
yet the price is exactly where it was 10 years ago. Shocking!

>>17330793
>Before silver bubble 1980 there was smaller one looking like todays chart.
>Silver Thursday was an event that occurred in the United States silver commodity markets on Thursday, March 27, 1980 following the attempt by brothers Nelson Bunker Hunt, William Herbert Hunt and Lamar Hunt to corner the silver market. A subsequent steep fall in silver prices led to panic on commodity and futures exchanges.
Sooooo short JP Morgan?

>>17332828
Yes, without Hunts silver price would go infinitevly upwards.

>>17327264
Best way to buy commodities largescale? Every commodities index I can find has crap returns and med to high expense ratios.

>>17333275
SilverMetal corporation has best aisc at $4 per oz.

>>17332630
Fuck off moonboy.

>>17333351
I'm talking total commodities indices, not silver miner stocks.