/biz/ - Business & Finance

>>17373200
Gold is nice but Silver is going to fucking outperform Gold

Hey Lois I'm frickin' Sans Undertale

>Metal (MTL)

>>17373221
oh look its this faggot again

>>17373200
I added crypto to a diversified portfolio of gold, silver and mining stocks.

>>17373221
Why? What is your reasoning?

>>17373347
Sounds like you could benefit from one of my videos on a metric called the gold-silver ratio.

>>17373200
>not naming the thread full metal general
> ftg
>fll
>mtl
>gnrl
at least pic is nice

>>17373545
>>not naming the thread full metal general
This

>>17373200
This is a nice lot, minus the leaf, otherwise I really like this photo.

>>17373765

>>17373347
Gold is near 1980 ath.
Silver is far behind 1980 pump.
(inflation)

>>17374177
Silver is totally manipulated and completely useless. On top of that most countries have VAT on silver purchases. So no, silver will never ever ever moon.

>>17373200
> not holding both

Gotta play all the angles and diversify nigga

>>17373200
gold coins>bitcoins

>>17374292
Explain palladium moon. You can't.

>>17374539
Mostly mined in Russia and SA both unstable political and corrupt countries.

If you dont own both youre a fucking brainlet that shouldnt own either.

>>17373200
Fuck. I never should have bought bitcoin at $700 blown the fuck out by silvergang again!

>>17373221
Adjusted for inflation, Silver hasn't even had a 2x in the last 60 years but you keep right on fucking that horse, pal

>>17373200
imagine owning silver

basically a side effect of manufacturing copper, and not even a precious metal

>>17375256
Imagine having silver go ask JPM

>>17375206
THIS, markets are controlled my market makers.

Baby investor here heading to the coin store for the first time tomorrow.
How's platinum? Seems to be dipping at the moment.

>>17375572
>Baby investor here
>heading to the coin store for the first time tomorrow.
>How's platinum?
>Seems to be dipping at the moment.
Here comes the dumb money

>>17375652
What do you mean?

How do I buy platinum frens? It doesn’t seem that I can buy shares of a stock like I can with gold and silver

>>17373200
Silver is dirt cheap rn.

>>17375754
You're doing exactly what the market makers want.
>Be Market maker
>have a shit ton of X & fiat
>Pump price
>dumb money sees price rise
>dumb money buys the market makers supply at inflated rate
>Market maker makes more money but had to spend some money getting there.

>>17374539
Huge demand (catalytic converters sell like baked bread in China) with short supply (Russia and SA are the only reliable exporters). Palladium CFDs/ETFs are literally free money atm. I regret not realizing this before.

>>17375652
Platinum is too volatile and has been crabbing for months. I wouldn't buy it as a long term investment if it were my first time with PMs.

>>17375912
Fun fact. It takes twice as much platinum to reduce emission like palladium does. Once palladium gets to expensive expect platinum demand to increase. Platinum also is used as a catalyst in labs where as palladiums only use is emission reductions.

>>17375892
>sees price rise
But I'm considering buying platinum because it's dipping.
>>17375953
I see. My initial thought was silver, but it seems to rise in price whenever I look at it, which makes me think it'll fall as soon as I buy.
Maybe I should look at it more long term though.

last 2 digits are silver's price EOY; roll.

>>17373347

>>17374292
Just wait till people start exiting the fake paper market

rolling

>>17373200
Gold just double topped. It's going to dump on monday.

>>17375256
good, please don't buy it
I want it all for myself

So wait is the price of silver $18 or $1500? I'm not too sure anymore.

>>17373293
Way to add a shitty investment into actual hedges against instability and inflation. >>17375232
Trading US fiat for fiat math is actually more retarded than owning federal reserve notes.
>>17375256
Another extremely low 19 yr old who thinks he’s smarter than 3,000 hrs of proven economic facts. Gold and silver are money, everything else is credit.

>>17376537
Good. I want to buy ETFs on the dip for my boomer stocks portfolio.

>>17373221
B&R

1/2 ath is a bargain

>got some palladium years ago
>it's hidden in my house
>didn't check price for years
>yesterday saw how fucking valuable it got
>I'm abroad until mid may
>afraid it'll crash meanwhile

Fuck me, first time in my life I don't regret doing half cryptos half metals when I started investing.

>>17375892
She has a nice face

>>17376992
do you not know who Maloney is?


Real question

who else x5 leverage gold etf chad here?

I bought 28oz of silver with BTC

New fav to /biz/ can someone redpill me on gold and silver

>>17377715
fiat bad shiny rock good

also how is the collectible coin market doing?

I want to buy more silver but I also want to save for other investments and now it’s going up

>>17377715
Gold in your hand feels like magic.

>>17377743
I’ve bought a lot of collectible gold and silver bullion products for good prices a while ago and haven’t sold any of it, but the price if you look around jumped up more than just the price of spot. But I’d say most of the stuff out there has way too high of premiums. Try to get stuff with low mintage, close to spot, numismatic value, gobernment issued special editions, cool design stuff, etc. That is if you want to go that route. I look at it like killing two birds with one stone, I’m still stacking bullion which has its own value, then there’s the collectibility aspect of it and rarity that demands a premium because the design is more desirable than your typical boring bullion product. I don’t buy graded shit, and beware of things that come with extra shit like boxes and display junk. Shop for deals and never make an emotional decision.

>>17377925
I mean the broader numismatic market not just precious metals.

I have a 1oz silver Mothman coin and I'm getting the 2oz silver grand canyon coin. Aside from that I'll probably just getting stuff as close to spot as I can. I'd like some libertads (might just buy these in the future since they're only an extra like $1 over silver eagles) and a 1oz Krugerrand eventually though.

I used to be into coin/currency collecting when I was a kid and I was thinking of trying to get back into it as an investment hobby I could maybe make a little extra money in.

Gold will touch 2k this year. Every 8-10 years the market crashes or at least has a nice correction we are long overdue. The last peak for gold was 7 years ago ie we are in correction soon. Corona virus is the black swan to truly slow the economy. China will print and pump their markets up with yuan and US will follow suit. This will keep the market artificially inflated until next earnings report. This is were it gets interesting. Companies in the US have to report what is actually going on. Their actual numbers. Everything will be down across the board. Manufacturing in China is at a halt along with exporting. Travel sector is at a halt (Chinese are big and best tourist spenders) Many ecommerce and drop shipping and parts suppliers are already feeling it. Therefore, paper money and equities will have to take a hit. Therefore BTC and PM's will rally. Furthermore, China was already having problems. Couple this with an upcoming election, problems in Europe, problems in Africa, and political unrest in S. America we straight up have a financial crisis on our hands in 3 to 6 months guaranteed. Seriously. Furthermore, if Corona virus takes hold in South Korea and Japan that means not only chink shit tech is behind but also premier tech is behind, as Samsung, LG, SK HYNIX, HYUNDAI, KIA all require parts and some manufacturing in China. Same goes to a certain extend to Japan. The fact that videos escaping China have dried up tells me the clamps are down even harder. Seriously not trying to shill anything but BTC ETH GLD SLV, for stocks if you want a nice play GLDLF. The tech sector is already dumping expect it to get worse on Monday, the markets are starting to get numbers and they are not good.

>>17377925
>collectible gold and silver bullion
any example? tl;dr pandas and perth mint coins?

>>17374539
Aliens need them for payments and Cia is hoarding them.

>>17373375
the best reason, among many reasons, to buy silver atm.

>>17377989
I know what you’re saying, a perfect example of what I was getting at would be the reverse proof gold libertads. They made only like a thousand 1oz and a thousand 1/2oz. Fucking stellar design IMO, premiums were like $200 a coin, but that premium would stay put because the design is killer, and if I would have pulled the trigger a while back, (wish I did), when the half oz was only $750, I would have made $200 easily within a couple months. Plus you’re still getting sexy ass 24k bullion coin for your stack. Hopefully the price dips and I can pick some up.

>>17378088
https://www.providentmetals.com/2-oz-silver-grand-canyon-ultra-high-relief-round.html

I just ordered this along with their 10oz at spot price pack (search for prospector to find it)

I expect it to totally hold onto the premium price.

>>17378088
Pretty much, but even deeper into that I’ve bought Niue gold, KOMSCO limited edition bars, US commemorative gold, all for prices cheaper than what generic bullion is going for today. And I love the 2020 panda design and already picked up a 30g with two more 8g’s on the way. I think the premiums on this year’s pandas will only rise with time because it’s probably the best design they’ve ever minted IMHO, plus “Muh Coronavirus”. I wouldn’t hesitate to pick up some while they’re available.

>>17373200
If the market crashes, only one metal has value and that is bullets.. change my mind

>>17378633
unless you live in africa then a market crash isn't going to turn things into the post apocalypse

>>17378650
The United states spends almost 1 trillion every year on welfare, if that suddenly stops, we are going to have a very unique basketball american problem.

>>17378667
nice larp retard

>>17378697
What larp? We spend hundreds of billions on niggers welfare every year, if the nigger bribes stop, then we are going to see the inevitable crime rate spike. We have dug ourselves into a deep nigger hole that there's no easy way out of.

>>17373200
>Metals for insurance
>Dividend stocks for passive income
>Crypto for speculation

>>17379131
What stocks may I ask?

>>17374539

something to do with electric car production and a shortage of it.

>>17378020
that stupid fucking meme virus us literally the common cold
>OMG acute coryza everyone is going to diEEe!!!!

>>17373200

What and where should.I buy if I wanna get into trading metals

>>17379180
Currently
DRDGold
PAAS
Electrobras Preferred

>>17375970
Pd is actually used more extensively as an industrial and lab catalyst than Pt

>>17378122
But was it narrowed by upward Ag movement or downward Au movement?

>>17380039
How dumb are you? Even if it was 'a common cold' it's still a fact that china has closed its entire economy because of it. That will have effects on company earnings and the rest of the world economy retard

If you own BTC, ETH & Gold, Silver you are going to be the New World Order the 0.01%

>>17378633
>one metal
>bullets are brass and lead
Your mind isn't worth exploring, let alone helping.

>>17373200
bitcoins gains last year in bear was 100% roughly

>>17381766
Also copper steel and tungsten

>>17382453
While I don't disagree, I think it's dropped even further from the 2018 levels.
Any newb tips on commodities? Perhaps a Robinhood ETF or options?

>>17382484
it's not commodities that are undervalued, it's the S&P that is way overvalued.

>>17382484
Robinhood overheated stocks with common people money. Everyone is trading now, you know how it ends.

>>17382635
Brainlet detected. Brainlet thinks recessions magically occur out of thin air rather than intentionally caused by the fed. Brainlet btfo

>>17382789
Poo color id.

>>17382453
question is: what commodities.
btw i think stocks like P&G should be quite the runners in a coming downtrend

what are your thoughts on leveraged gold options? i mean almost everyone is certain it will hit 1.7k or higher till eoy

>>17373230
holy kek

fuck i want an ounce of gold so bad but id have to save for like two months and want to keep stacking crypto. what should i do?

>>17383826
Hedging crypto with gold is smart anon. You can get a AGE for like 1700. Assuming you have at least 1500 in crypto, gold is a good buy. But I dont know what it is like to be a poor fag like you.

>>17383826
Buy a quarter ounce.

My local mint is out of 10ounce and 1kg bars.

Told me they wouldnt have anything in stock for at least 6 weeks.

WHAT THE FUCK DOES THAT MEAN??

>>17383953
It means people are buying more than they used to. Coin shows are all about PMs now too.

>>17383953
It means central banks are buying up all the gold. Dont worry tho you can hold some 'paper gold' goy. You'll be fine.

>>17380588
Doesnt matter. Fact is, you could tranfer from silver into gold if the rate drops and let it rise again to cash out later.

>>17383975
They already have huge gold reserves and if they were really buying it up in huge quantities the price would be spiking harder and you wouldn't be able to just get 50kg mailed to your door from jmbullion or whoever.

>>17383975
>>17384001

Sorry I should have clarified that they were only out of Silver.

I ended up having to purchase 1 ounce kangaroos at $33 each which sucks.

>>17377891
I need to feel gold in my own hands someday.

>>17384000
I'm long holding silver until the ratio is better.

>>17384000
High IQ post

anyone got the chart showing stock market % return per year?

>>17384204
This?

>>17383898
i have 15k in crypto
>>17383903
i actually have 1/10oz just so i could have some gold but i want that delicious weight and density

>>17384278
>2008 -40%
Lol

>>17381957
Dont forget bismuth

>>17373221
the division has already begun

>>17384016
Jewed.

Just ordered a gold 1/2oz panda. One of the older years not the 15gram newer ones.

>>17384405
If you have 15 in crypto you should have 2oz of gold and 100oz of silver. What is wrong with you boy?

>>17384567
im working on it promise. BTC is halving not PMs, so i need to stack that while i still have a chance

>>17384567
100% this. Youll still make it when crypto moons, but youll not be completely justed should your coin not be part of the moon.

>>17384682
>>17384619
I'd like to have realistic talk about peoples plans. I am not a mooning virgin, instead a stacking Chad. Im 25 and have 20k in a vanguard 2055, 18k in a vanguard high yield dividend etf, 9k in crypto, and 9k in pms. 8k left in student loans. 5k in cash and i live with my parents. Buying a 120k home in the spring.

My goal is to retire at 55.

Bought up all the silver in 2 stores, they don't have that much anymore...

>>17384993
Pickings will only continue to get slimmer.

>>17384993
What kind of store? Most places don't have a large amount unless maybe you're trying to get constitutional silver cheap.

So i sold 100 of pic related, when spot was 18.26. i went to a rare coin and currency store, and they only would give me 430 for a stack of 20 or 17 a coin.
so i went to the sdbullion site to sell em, they're buy price was -.20 spot, but the sell to them rate was like 18.13 and then they only offered me 17.86 a coin.
this coin is literally worth less then random 1 oz bullion...

>>17385037
A store/exchange isn't going to give you a good deal. If you're trying to cash out at or above spot price you need to find a private buyer or go on ebay or something.

>>17385056
i got them in a deal for only .33 over spot on them, so i new they weren't in high demand
but i was surprised how big a difference there was on the sell price

>>17385056
>eBay
>30% sellers fee
Stupid rocks. If you believed in silver, get a 3X silver ETF.

>>17385108
Buffalo rounds I would expect to be exactly like selling a chunk of silver. You can regularly find stacks of 10 at spot price.

>>17385194
Seller's feels aren't that bad. You'd just calculate it into the price anyway like exchanges do when you pay by paypal/CC.

>>17385037
That's why you stick with the eagles, my man.

>>17385295
Coin shops pull the same shit with eagels too. They are in the business of making money, not in the business of paying melt weight for your bullion.

>>17373545
Yes

>>17385295
yeah eagles give you a better sell price. but they also cost alot more over spot. and thinking about it, these were still a better deal

>>17375206
Then why is platinum dragging so much in comparison? I know it doesnt have quite the same number of industrial uses, but in many cases it is a good substitute for palladium. You have to mine platinum to get palladium in the first place. Although pall is far more rare. Figured there would be more movement in platinum by now

>>17375796
There are several platinum ETFs and a platinum future contract. DYOR

>>17384900
You're gonna need about 3 million to retire at 55. You've got a decent start.

>>17376992
Nothing wrong with credit when I'm buying assets that outperform the interest.

Checkmate, boomer.

>>17373200
Huurr duurrr since you won't buy my 2 bedroom house for 1.5 million why don't you buy my boomer rocks instead, millenials and zoomers.

Note for all my /pmg/ frens: gold and silver are cheap because i am poor and still able to buy. a poor wagie can save $160 per month easily and get 1/10 oz gold. think about that. $160 is also enough to pick up like 8 oz. of silver.

what i find funny about btc and ltc is that they had to market themselves as digital gold and digital silver, to really get traction. any time normalfags try to talk about btc they will inevitably refer to it like digital gold. even btcash and bsv still retain the gold-coloration. problem with using btc to buy gold is, the process is still not very smooth. i tried doing it on jmbullion but couldn't figure it out. maybe i'm just stupid

>>17375255
Doesn't know about the Comex price suppression

>>17385908
Suppression or not, it was traded very technically during its downtrend. Every touch of the trendline dumped it for many years in a row like clockwork. If you're not a moonboy, that's tradeable.

>>17385908
What motivation does Comex have to suppress price? Does Bobo run Comex?

First timer, should I buy $100 worth of silver at a coin store? It closes in two hours and is a 40 min drive away.

>>17386235
Make sure you're not getting ripped off by premiums, and price shop online for comparable items. Don't feel rushed to buy something just because they close in 2 hours.

>>17386235
YES OMG RUN

>>17386310
Thanks. Mostly trying to decide whether to buy today or in a week or two.
Should I bring gloves and tupperware or something?

>>17386679
Why would you need gloves or tupperware to buy silver?

If your buying bullion, you don't need any protection.

Platinium:
-20 times more scares than gold
-half the price

>>17386704
As opposed to like throwing it in the coinpurse with all the nickels and dimes.
Though the gloves are probably a bit much.

>>17386235
https://findbullionprices.com/buy-silver-at-spot-deals.php

I would get all the spot price deals you can.

That one is also missing this deal

https://www.providentmetals.com/buy-silver-at-spot-price.html

I usually buy from providentmetals or jmbullion and both have been good for me.

Last week I was helping a guy put some new wheels for his SUV in his truck and he was so happy to get them he gave me a $40 tip. Just got back from spending the money at my local coin shop. Did I do good?

>>17387099
If you actually only spent $40 then yeah.

>>17387084
So would you recommend against a physical store?
I've dithered too much to get there in time in any case so it'd be next week.

>>17387099
It was $40.75 with the sales tax.
Got an uncirculated 1977 quarter, that I'm thinking of keeping, as change.

>>17387148
Nothing against physical stores but if you're trying to stack silver you might as well start with the spot price deals.

Platinum, if compared to gold, should cost:
$56.000/oz

>>17387365
Fifty-six dollars?

>>17387375
My bad, $35k

>>17386892
there is no monetary demand for platinum

>>17387400
Gold: $1650
There is 20 times more platinum.
$1650 × 20 = $33000

>>17387430
that's.. not how things work.

>>17387430
you know the second part of "supply and demand" actually matters

>>17387457
>>17387460
I know, supply is 20 times smaller, but demand is 40 times smaller.
Demand can change any time, supply not.
Up is the only direction.

Gold, silver and platinum have a lot of similarities in their chart structure. They all look like they want to turn into a bullish phase with gold in the lead. Silver and platinum are lagging behind a bit, but they look like they have potential, silver moreso than platinum.

>>17271218

>>17387622

>>17387622

Palladium
>>17271218

Gold
>>17265419


Silver
>>17265223

Platinum
>>17266604
>>17387633
Palladium has been a beast, but the time to load up was 2+ years ago.

>>17387460

>>17376020
the thing with PMs is that your broker is going to fuck you coming and going.
a 3% up charge buying, and 10% undercut selling. You better see market gains that take that into account.
Anytime you go to sell your coins, the broker is going to figure that you're under pressure to sell, and low ball the fuck out of you.
and the thing is, you probably will be under pressure and you'll take the low ball offer.

literally buy PM ETFs if you want to be exposed to the market.

https://www.ebay.com/itm/5-FACE-VALUE-90-SILVER-COINS-QUARTERS-DIMES-SILVER-DOLLARS-MIX-LOT-COLLECTION/202911533210?hash=item2f3e78489a%3Ag%3AvbkAAOSwxaNePIdS&LH_BIN=1
Just got 4 sets of this. It came to $263 with shipping, which equals $18.40 per ounce, which is slightly below spot. It puts me close to 100oz and now I'm done buying silver for a long time. This is my suicide stack I guess you would say.

>>17388751
Fuck i envy you amerifats so much. That would cost a fortune here in europe

>>17388751
mercy dime rolls are the most reliable 90% for me

>>17388939
where do you buy from?

Anyone here in rare earths? Im trying to find a good entry into lynas corp. Am I retarded?

>>17380260
>Electrobras