/biz/ - Business & Finance

wait untile masses realize that all fiat currencies become worth of toilet paper, also US dollar

Deutsche Bank: Helicopter Money Will Be "Disastrous" And Will Lead To Hyperinflation, "Buy Gold"

https://www.zerohedge.com/markets/deutsche-bank-helicopter-money-will-be-disastrous-and-will-lead-hyperinflation-buy-gold

Bitcoin is never go through economic depression, so we dont know how BTC performs economic depression

does anybody use Bitcoin durin economic depression

but Silver has thousands of year history as currency

>>18018354
I put a silver coin up my ass every once in a while just to feel privileged

you can still buy silver on ebay but it's also running out there and the premiums are just as high as retailers.

>>18018262

It's not nearly as out of stock as people think. A lot of seller are just doing everything they can to avoid selling at a loss, and to take advantage of rising premiums.

That's why youre seeing order limits and mandatory minimums in many places. It's not that there's a massive shortage, it's more that it's a time period in which sellers can take better advantage of buyers.

Now is a terrible time to buy.

>paper silver

why

militarychad on ebay still has silver for sale. don't listen to the shills saying it's sold out. the big online retailers are being fags and delaying shipping for no reason. you can still find deals p2p.

>>18018707
>It's not nearly as out of stock as people think. A lot of seller are just doing everything they can to avoid selling at a loss, and to take advantage of rising premiums.
All the mints are shutdown, demand is up 500% and dealers make money on the spread and use futures contracts when a sale is made to not lose any money when awaiting new supply.
Learn about the market before you talk you cunt.

>>18018768
That silver is ass for people who want gov mint coins or larger private mint bars and rounds

And show the prices

>>18018853
he has gov mint coins and larger priv. mints. no need to be so angry.
https://www.ebay.com/sch/militarychad/m.html?_nkw=&_armrs=1&_ipg=&_from=

>>18018837
you need to worry when the price of silver funds is running 1/5th of physical

that means either
1. the paper funds aren't actually backed by silver
or 2. the shortage is artificial or confined to physical sales

either way a wise buyer would want to know. This looks like panic buying and price gouging, which will die in a month or two.

as proof i'm not shilling for one ebay seller, here is another with some gov mint coins. if you're in the US you can literally buy .9999 perth mint bars right now if you are willing to stop sperging over "the premium". shut the FUCK up about premium, spot price doesn't matter anymore. you will need to pay $24 minimum for 1 oz of .9999 gov mint silver. simple as that. and that's still a great deal.
https://www.ebay.com/sch/sisson/m.html?_nkw=&_armrs=1&_ipg=&_from=

dumbfuck late-comers getting mad for no reason, like this faggot (>>18018853)

>>18018853
Yea he conveniently left that out. We know it’s $18+

>>18018896
I agree though, I bought mine from JK at 17. IDGAF because this will be hot in price soon.

i paid $20.50 for perth mint kangaroo 9999 silver bar from JMBullion and have zero regrets, back when there was no supply limit and spot was like $17. now the news is perth mint is closed and you're all bitching about a +4 increase in premiums??? holy shit, you should be thankful there are perth mints still available for under 50/oz given how badly the AUS stock market is doing. next it will be the real estate market, and given how close you are to china and how many chinks are in your country, you're going to get harder hit than the US.

if i were an Ausfag i would be buying as much 9999 silver and gold as i could find.

>>18018883
>the paper funds aren't actually backed by silver
Bingo

This is like 2008, same uptick in demand and physical shortage with price decoupling.
Go buy some boomer stocks before the dow = 1 Au oz

I need to wait until JUNE just for some fucking leafs.

>>18018896
>faggot
no u

My other usual dealer is also completely shutting down due to overcrowding in the show room and no supply.

>>18018707
/thread
wait with buying

>>18018942
>Bingo
afaik the stocks backing funds are millions of times larger than the quantity available for purchase on eBay.

so if there's a shortage I'd personally bet money it's on eBay, not the funds.

but it's fine if you bet the opposite. No harm to me.

>>18018899
i didn't realize the screencap would not cover prices. anyone can just look up his username and see the prices. we already know they're going to be higher than spot. let me reiterate, spot doesn't matter anymore because once it dipped below a certain threshold, everyone rushed to buy and thus the main retailers sold out. even Apmex, one of the biggest ones, has a shipment delay warning and $299 min order notice now.

i know many are wary about ebay but you just have to find a good seller based in your country with 100% feedback across 5-10 years of account history. obviously don't buy chink shit, and call up your local coin shops. if you want to sperg about authenticity look into how to check that. i don't buy from ebay often but when i do i do basic checks like with a strong magnet and with hot water to see if it conducts heat fast. also easily done with an ice cube.

not trying to shill ebay but if you fuckers are late to the game that's one of the remaining options. trying to be helpful. i'm browsing ebay myself for some last minute buys. the situation's getting bad in the US too.

>>18018974
>i'm browsing ebay myself for some last minute buys
I've been watching morgans in circulated condition. there's no real shortage of shit silver in US coinage. It's overpriced tho.

>>18018962
Based retard.

>>18018837
>make money
>accumulating more dirty fiat
the dealers themselves don't even want this shit

>>18018992
it's overpriced because of quarantines/lockdowns probably...even though the USPS is still running, these sellers are using the covid scare as an excuse to jackup prices. keep in mind ((((ebay)))) taxes the fuck out of sellers 10% on the final sale as well as 10% of the shipping price. so they get double-fucked on fees from ebay and paypal, thus they can't really offer at 2-3 dollars over spot. they also have to pay the USPS postage fee to ship, which gets high if you go over 13 oz.

>>18018262
They're not "out of stock" anon they're hoarding it to artificially inflate the price once a bunch of dimwits start panic buying it.

My dealer messaging me about the disconnect. Very redpilled and based.

>>18019024
oh I know. I sell on eBay. A few thousand dollars a month which works out to almost nothing after eBay and PayPal fees.

buying it an oz at a time is horribly expensive, but eBay sellers don't go for big sales with small margins. To me it's like the toilet paper thing- anywhere the public shops is sold out. But that doesn't necessarily indicate an actual supply problem.

>>18019034
Nobody is gonna sell at 12 bucks you faggot. Basic economics happening finally.

Where the heck is silver going guys and should I stop buying it and get some gold instead? I am a stacklet. 70 oz silver. I can get 100 oz more or get 1 oz gold

>>18019037
I'd agree if we actually measure how much is in the public's hands vs. stocks on paper.

my guess is every owner of physical PM's in the world couldn't match a fraction of the paper silver out there. Physical is nothing compared to actual amounts in warehouses.

>>18018667
How can one man be this based?

>>18019024
oh yea i try to avoid buying 1 oz at a time. only did that once. usually go for 5-10 oz minimum. that's still not a whole lot but you get slightly better averages. there's probably options outside of ebay like just pulling up google maps and seeing what coin shops are probably willing to ship if you email them about a large enough order size. good luck with the morgans

>>18019037
it would be based and redpilled if he included rant about how the jews and JPmorgan are hoarding silver and buying out silver miners.

Assuming that financial market wont completely collapse? Is this the time to speculate on paper silver? We've seen a massive rise in price of precious metal after 2008 crisis

>>18018262
looks available to me

>>18019085
>good luck with the morgans
thanks!
I'm not really buying though, just watching prices on physical silver. I have a shitload of it sitting around but I'm not looking to sell. It's trash I throw in a bucket so when I die my kids can find some treasure.

>>18019105
100% premium lol

>>18019146
current spot is fake

>>18018997
no u

>>18018262
The bears here are mostly correct in comparing it to the toilet paper shortage. The mints and miners can probably accommodate the increased demand in the long term.
We saw this exact same thing happen in 2008. Silver was completely smashed down to 8 dollars but it was impossible to buy for less than 15. After that there was a pretty epic price rally, but it was short lived and followed by a decade long bear market. We will probably see something similar this time.
Coin shops and other dealers have had really hard times the last decade. It makes no sense for them to have massive stockpiles of coins lying around, so it's completely natural for them to sell out or hold out when demand increases 5 fold out of nowhere and the price goes to shit.

>>18019104
>Is this the time to speculate on paper silver?
sure, but you have to understand the rise in price is actually a fall in the dollar. So it's not really speculating if you hodl

you're just hedging against inflation. Which is at least as good a plan now as it was in 09

>>18019219
During a depression which we are undoubtedly in, base metal mining will scale back considerably.

Where does most silver come from? It's not from silver mines, it's from base metal mining. Silver shortages are here to stay, get some while you can.

>>18019219
It’s worse this time, its global and the price differential is more severe and it’s just beginning

>>18019241
Yup, mostly copper processing

>>18019241
>During a depression which we are undoubtedly in, base metal mining will scale back considerably.
true facts

I'm a metals mining contractor. In '08 my biz took a million dollar hit in sales that didn't recover until 4 years later. Metals mining will temporarily shut down.

but on the flip side demand will also shut down because the industries that use metals are also going to close. So the entire market goes from industrial to speculative. Speculators can win big in that gap, but in time the gap closes again.

>>18019234
Thx, l think I'll drop some funds into this

>>18019265
no worries

I'm not going to.

If you want actual gains gauge the bottom of the stock market or crypto and buy big. But then that could be a losing proposition too. It's a gamble. Silver isn't much of a gamble, but it also doesn't win big.

>>18019279
If China went to a gold standard (inevitable), overnight anybody who owns a significant amount of silver would be wealthy beyond their dreams.

>>18019279

silver went price $ 46 year 2011

and now global economy situation is much worse

>>18019380
why would china pay to print paper when they can do it for free?
>>18019381
oh it hit $50 for a minute. It'll probably break $50 this time around. But to keep it there means the dollar becomes worthless, which is an extraordinary position.

>>18018281
I'll definitely buy whatever a failing company whose share prices went down 75% in 2 years wants me to buy.

>>18019401
The Fed is printing at least 5 trillion this year and you think the US dollar won't become worthless?

Interesting... let's see how this plays out for you.

>>18019401

>But to keep it there means the dollar becomes >worthless, which is an extraordinary position.

well FED prints now astronomical amount of US dollars, so US dollar losing its purchasin power

look what has happened currency value when governments has started money printing

>>18019095
Wouldn’t be surprised if governments start seizing miners or the miners are forced to sell shares to governments to be bailed out.

Ok, I dropped 10% of my funds into paper gold and silver, we'll see.
I'm also eyballing palladium and platinium ETFs, but I'll wait for the industry to grind to a halt,cause they are mostly used in catalytic converters and electronics.

>>18019429
>>18019441
almost all of that paper will evaporate before it enters public circulation.

the error in your thinking is that money is real, and most of it is in the hands of consumers. This is just numbers on a screen, and the public will never see almost all of it. Personally I think we should have 2 dollars, one for public use and one for company/gov use. Because honestly the two don't mingle much at all. More than 90% of the dollars that go into corporate hands will never reach yours or mine.

>>18019456
>bought ETFs and not the real stuff

YOU BLEW ITTT

>>18018262
Silver shortage is a "shortages" in the same extend we have a toilet paper shortage. The value is not going up (right now) but local demand has.
unlike Gold, Silver is not currently being used as a store of value to any significant degree. +95% of all tangible silver is used in Industry and jewelry. The silver coins and silver bars where there may be local scarcity is less than 5% of the Silver market.

>>18019498
You sound like the kinda guy that will be melting down electronics so you can get some silver for a piece of bread in the bread lines

guys, even stupid crazy marked up disney silver coins like this are out of stock. what is going on....

https://www.nzmint.com/coin-collections/disney-moana-1oz-fine-silver-coin

>>18019498

you compare silver to toilet paper?

silver is real deal, you have to mine it, it has limited amount of it ground

when people realize that all fiat currencies going to zero, they buy all tangible assets

when Gold become too expensive, people start buying Silver

>>18019537
>melting down electronics
that's not really how silver in electronics works

the primary use is solder, in which case you have to pay to remove antimony and lead. Once you've done that the scrap silver is almost worthless.

the second use is in circuit boards where it's used for printing and washing. So we plate a board with silver and then print a circuit pattern on that silver using light. Then almost all of the silver is washed off using acid solutions. The remainder is re-plated with copper. So only a tiny amount remains, a few molecules thick.

you need to melt thousands of computers to get $12 worth of silver. The average person doesn't have nearly enough electronics on hand to make money melting them. Hell, the average town doesn't have that much.

>>18019557
>what is going on....

American sellers are turbokikes who refuse to sell at a loss.

To be honest the sellers in my country are the same. In fact fuckers did not even update the price on silver bars for over a week.

>>18019557
stop buying our silver kike

>>18019636
well they have every right not to sell their silver, don't they

i mean what is going on...

>>18019656
>well they have every right not to sell their silver, don't they

Ok. But then people have to stop sponsoring their kike business which sells things at a premium.

Let them sit on their bars and buy from private sellers

>>18019615
>you need to melt thousands of computers to get $12 worth of silver.
but even then the silver in electronics is molecular, so it tends to evaporate in the furnace and go up in literal smoke.

so you'd need to build a reducing furnace to capture it. Or a plasma arc furnace without oxygen. Or better yet build a blast furnace and then put carbon on the stack to catch molecular silver that burnt off as stack gas.

of course all that costs far more than you'll make melting electronics, so the pros use a simple cyanide solution. 3-6% sodium or potassium cyanide to dissolve the silver and gold out of hundreds of tons of electronics scrap at a time. But you don't want to use a cyanide process unless you ABSOLUTELY know what you're doing. One tiny mistake and you die horribly.

recycling precious metals isn't a game for the average person, and they won't make money if they try. Might as well burn banana peels for their gold, it's that fucking diluted.

Is anyone here opposed to just buying SLV shares for $11.50 or is there actual significance to paying the 100% current premium for physical? Great Depression 2X Extreme Doomers need not apply to this comment. Just looking for wealth conservation.

>>18019698
Why dont you buy and sell privately? You literally just made the case that it is easy money and demand for it...

>>18018944
Did I fuck up by buying the abc standard coins? My delivery is 2 weeks apparently

>>18019727
Your don't own it if you don't have it with you.

>>18019745
No, they're pretty ugly but according to my dealer ABC products ARE coming and you're getting an amazing price in the long scheme of things.

>>18018262
Yeah, they're """out of stock""".

>>18019079
day of the rope cant come soon enough for you freaks and weirdos

>>18019727
You cannot preserve anything, if you dont understand the fundamental difference between things.
paper silver is NOT wealth preservation; physical silver is. No one is going to benefit from YOU doing well, aside from you. So why would you expect us to spoonfeed you?
The correct answers are shouted constantly, just take some time to listen.

>>18019895
you're like the Seneca clinging to your wampum as Europeans invade your land and make it worthless.

you have no idea if silver will be valuable if fiat fails, you're just hoping based on European history. Even though silver was often worthless to those same Europeans during crisis.

>>18018934
Perth Mint isn't closed you dumb yank

>>18019066
If thats all you can do get the silver

>>18018689
>buying precious metals on ebay
bruh why don't you buy a liver on craigslist

I bought 28oz, I paid $15 an ounce and don't regret it.

>>18019380
Define significant. I want to buy a house with 1oz silver

>>18018262
I wanted to buy 5oz of silver but only could get 4, my payment is still processing but so far it seems you cant purchase more than 1oz of gold coin in bullionbypost right now and the bars are all out of stock.

>>18018262
Can someone tell a brainlet like me, why silver prices arent skyrocketing when there is such a huge demand for it?

>>18020398
because, people can't afford to buy thousand dollar gold coins.

>>18020398
the short answer is there's far more supply on hand than demand.

the demand is for 1 oz silver rounds and bars, which is less than .1% of all silver. So it doesn't matter at all.

>>18020398
or to put it in perspective-

say every silver stacker on /biz/ put their stacks together, and had say a half ton of silver. I work for a company that produces thousands of pounds of silver per day. Every single silver stacker on /biz/ could be wiped out several times over by a single company in a single day. And there's dozens of companies like that wiping out every single individual investor in the world on an hourly basis.

silver isn't rare. Rounds might be rare and bars might be hard to find, but silver itself is infuckingcredibly easy to produce.

>>18020492
this.

>>18020398
>local 4chan user begins to see through the lies of /biz/ shills
Your shiny coins are a fine hedge against failing currencies, but it's never going to make you rich anon

>>18019891
You are on 4channel.
Why are you here?
You came here to judge?

>>18020647
yes
4channel is disgusting

You can buy monster boxes in UK.
They will deliver...somtime in the future.

>>18020492
Thanks for destroying my dreams.

Just see it as an insurance for when things go wrong. If things don't go wrong you have some pretty shiny metals at home that you can look at and probably won't loose value over time.

>>18020719
yeah, no worries

if you want to make money off silver I'd recommend buying stock in one of my clients. Hecla or Freeport MacMoRan are both good silver producers making bank off the idiots here.

/biz/ assumes fiat will collapse, which is an extraordinarily long shot.

then it assumes that silver will somehow still be valuable when money is gone, which is an even longer shot.

>>18020731
This. Same as propane tank, you own it, but use it only when electricity/gas is down. You don't need to profit from owning it, but you do loose from not having it when needed.

>>18020811
Hmm true. I appreciate the advice and it's probably a very safe company to buy stocks in since whatever way the market goes, it will gain, but I aint buying stocks before the greatest depression.

>>18020852
oh they're terrible buys right now. Silver and mining companies are both going to crash for a few months. I wouldn't buy yet.

but they're way cheaper than physical silver right now.

>>18020731
>>18020811
I'm glad not everyone on this board are silver hoarding autists prepping for a Fallout-style dystopia in which their ASE's make them the new financial elite. I love precious metals, they're gorgeous, but silver shills are going full retard lately and I feel like I'm being gaslighted reading their shit

>>18020881
I assume many are paid shills.

but they hit their target audience right in the young schizophrenic low IQ feels.

Where tf do I buy silver now though

Thinking of going long on some £15 silver spot calls for July. I already have 2000oz of physical.

My question is which is the more likely of the 2 scenarios over the next 2 months?

>spot price violently corrects upwards to reflect price of physical market

>spot and physical prices stay permenantly decoupled and spot continues to drift down as these contracts are essentially worthless

Might in this case buy OOTM silver puts and calls as surely it will be one of the two outcomes? Good strategy anons?

>>18021022
your question is how much of the real silver market is in physically traded metal.

Personally I believe it's less than 1%, so value on the open market has nothing to do with real value.

your research might turn up different results, in which case you could win. I'd bet you lose, but I'm not prescient.

>>18021052
Yeah I think you're right and that also there are probably too many unknowns to make an accurate judgment on this. Will give it a miss and just keep accumulating physical

>>18021001
Overpriced physical silver is widely available. The trick is to get it without being a cuck and paying 50% (((premium))), with this I can’t help you. Here in the UK the only place left to buy silver is eBay and Royal Mint, both overpriced as fuck.

>>18018667
You mean you DON'T go by the tube?? Not gonna make it

I've got a horde of inherited silver antiques which I'm sure will tide me over in case everything goes to shit.

>>18021172
Retard
Order from EU small/mid dealers
Only premium is shipping, they fiddle the taxes
Why do you think brexit isn't brexit?

Should I order physical gold with a delivery in 15 days?

>>18021546
Depends

>>18018768
Lol, his seller name is really militarychad.

>>18021520
>Order from EU small/mid dealers
such as...?

>>18019071
and do you have any pictures of these "warehouses"? Because even the COMEX themselves admit there is not a 1:1 ratio between paper and their holdings

Any good articles on why one should invest in gold/silver?

>>18021671
You got Google right?
Use it.

>>18018262
$16.25 silver & 1610 gold by the end of the week. Cap this.

>>18018262
If I put an ad out to sell my physical silver for $10,000 will I be price gouging or initiating the market correction

>>18022011
why not both?

>>18020492
is adding nickel in it part of that reason?

>>18019481
I hope that someday I am as based as the chad in this picture. I've always held belief in physical currency based on Gold and Other Precious metals. Managed to get 75 Silver Brittania's before all the shops closed up.

>>18021740
yes, there are many

>>18021740
You'll mostly find the same talking points people use in these threads.
-It's basically immune to inflation
-Unlike fiat currency (government-issued money, like dollars, zloty or pesos) it has insitric value because the price of an ounce of gold can never go below the cost of getting that ounce out of the ground
-It's a physical object. Unlike your bank account, which is just numbers on a screen that has value because society right now agrees that it has value, gold/silver is an actual, physical thing. This leads some to argue that it's the only form of "real" money.

>>18021890
$9 silver
$1000 gold
Eom

>>18018354
How many straws can you faggots clutch at before you finally sell that trash

>>18019945
Who was silver worthless to in a crisis?

>>18019401
>why would china pay to print paper when they can do it for free?
I'm sorry anon, but any threads mentioning precious metals are created by and for lolbetarian refugees from /pol/. So GTFO.

>>18021797
of course. The idea of asking you was skipping all the bullshit and ads and whatnot, because >small

>>18018966
JPM has an ungodly amount of silver, the big ETFs are backed for sure.

>>18023560
10 percent are backed. Just like bank deposits. You fucking idiot.

>>18020316
>>18018689
As soon as my silver arrives i will try to sell real silver at a cheap price of at least 32 euros on ebay

>>18023657
I just made the math with the blackrock pm certificates
The tones of pm * pm price fit in line with certificate price * ammount of certificates
I mean they could just lie obviously, but it isnt the same as with banking where it is public knowledge

>>18019105
>available
>Ships april 12th

>>18018883
>1. the paper funds aren't actually backed by silver
Everyone knows this lol. You know why? Because you can print as much paper as you want.

>>18021797
They all closed their shops down retard
Just google it

>>18019401
>But to keep it there means the dollar becomes worthless, which is an extraordinary position.
It's actually the opposite. It would be extraordinary if the dollar doesn't become worthless.
The United States has already had several different currencies and monetary systems. It wouldn't be extraordinary at all if they got another one and that this current US Dollar becomes worthless.
Fiat currencies come and go, it's just what they do. Most people experience several different monetary systems in their lifetimes. And not just in banana republics, either.
I'm not some crazy silver nut, and I mostly agree with the toilet paper analogy and that there is a lot of silver out there that can be minted into coins/rounds/bars for small time investors. But you are actually
retarded if you think the US dollar is invincible. It will die. At 49 years of age it's already extremely old by fiat currency standards.

Daily reminder it currently cost more to extract one oz of silver than the fake spot price.
You can't sell below production price, this never have been something in capitalism.

Daily reminder huge trials are coming this year and in 2021 about COMEX manipulation of silver and gold prices in the US, Canada and the EU. The prices we actually experience are just JPMorgan, DB, HSBC and GS traders liquidating as much ponzi paper as they can before it's ruled illegal to have futures and ETFs not backed by physical.

Daily reminder the total above ground silver availible is 71k tons, while gold is 182K tons.
Daily reminder to never sell your physical silver for less than 1 asian loli/oz

>>18024859
Does silver moon before or after trials?

What should I wait for the ratio to get to before I trade back for gold?

I put my 40% coins on craigslist for $14.50/oz and the only offer I got was $12.80.
I know craigslist is dead and only boomers use it but Facebook marketplace doesn't allow currency.
Any auction site would jew me out of 10% + shipping so I'm doing local only.

>>18018262
COPE

> bought 20 of these for 900GBP each not even a year ago
> already made me 10,000GBP just by sitting in my safe
My only regret is that I didn't bought more.

>>18026449
Based. I only bought 3..

>>18019256
This, and we are in the beginning of a currency crisis which accentuates PM’s monetary storage of value, this is much different than 2008 in this aspect.

>>18019887
This, many probably just aren’t selling because they know the price is gonna explode.

>>18026616
3 ounces of gold will soon be enough to buy a house, no worries.

brainlet here, should I buy physical gold and silver or should I buy shares of mining companies?

>>18018354
Ah... So silver bugs are illeterate. Was wondering the difference.

>>18018281
Yes buy xetra gold. If DB goes bankrupt, you will lose all your invested money.

>>18026901
Gold lowest risk maybe 2 to 5 X gain
Silver best value bang for buck maybe 5- 50 X gain
Mining companies speculative high risk but offer 10 to 100 X gains

>>18018667
>>18021319
>he cant afford a whole bar up his ass

https://www.scottsdalemint.com/shop/

Looks in stock to me...

>>18018262
Silver balls
Silver balls
It's mooning time in the /PMG/
Tink-a-tink
Hear them clink
Soon it will be mooning day
Strings of candles, tall and short ones
Blink all green all day
The stackers rush home with their treasures
Hear the /biz/ fears
See the wojacks tears
This is Satan's big scene
And above all the bustle you'll hear
Silver balls
Silver balls
It's mooning time in the /PMG/
Tink-a-tink
Hear them clink
Soon it will be mooning day

>>18018262
Should I invest in silver mining companies? Or will they be rekt?

>>18027620

ships three weeks AFTER payment clears means not in stock

>>18028060
Also why is the price not going up right now if it is not in stock?

>>18026901

You cant buy physical anymore. Thats the whole point of this thread.

>>18028224
maybe because the paper side of silver is being manipulated right now like everyone in this thread is saying.

>>18028224
More paper "silver" than physical silver. If everyone suddenly called for their metals in to be delivered, silver would moon to $600 overnight.

There's still some supply out there. Ordered March 15th from a reputable supplier (no fleabay), shipped today.

>>18018837
Bullion may be running low, but there is a glut of industrial silver due to the worldwide economic shutdown.
The paper market plays a part, but there are other factors at work here

>>18028223
No, you can buy physical. It's just gonna be high premiums, low selection, minimum buy orders, and hard hunting, but it's out there.

>>18025694
sheeeeeeit I would buy it from you. How many ounces do you have? Just put up pictures.

>>18018768
Imagine buying this crap. Imagine trying to sell these later and trying to convince someone its real silver.

>>18021726
The ratio is about 1:30 for silver.

>>18018354
the concept remains the same: scarcity coupled with minimum required labor to extract the asset = value. you cannot acquire 1 oz of silver from the earth without X labor just as you cannot acquire 1 bitcoin from the network without X hash power.
the real difference: silver and PMs have some level of industrial utility, but are horrible for storage/transport. Bitcoin has no inherent industrial uses, but is extremely easy and cheap for transferring and storing wealth.
another important thing to keep in mind is fungibility: precious metals are fungible, even if you get a government coin you can melt it down and it is still gold bullion. The same cannot be said about bitcoin as BTC taint devalues bitcoin, and bitcoin with no tx-history are sold at a premium.
we will see large influxes of capital into gold, silver, and bitcoin in time, but as fungibility issues become more common, the bitcoin market-share will bleed into monero.
I sincerely wish any reading this good fortune.

>>18018707
>11 year low on silver
>unprecedented amount of USD printing
>terrible time to buy
anon, I.....

>>18018768
>militarychad
jewing just as hard as every other retailer...

Just print trillion dollar bars to save the economy

I just finished accumulating. Ordered my last 5 ASEs from MDM 3 days go. Now they are out of stock. Hope I will still get my order.

>>18020874
OK true. I'll seriously watch them and thanks for the tip.

>>18018262
Even better, pic related is from my usual spot. Pool’s closed.

>>18019105
>available
>massive premium
>won't arrive for weeks
super available bro good buy !

>>18020368
>Define significant. I want to buy a house with 1oz silver
you shouldn't need a definition to know that isn't happening, otherwise every silver autist on this board could buy 1000 houses

You know what's funny, I've never heard silver being advertised on normie radio, or even newspapers etc. But in NZ it's being widely advertised now. Paper silver of course.

>>18020492
>he doesn't know

>>18025694

There is a subleddit for precious metals sales that is often very helpful for selling PMs

>>18020492
my uncle works for nintendo and says games are super easy to make.

>>18031427
Bad example because nintendo games really are quite simple.

I have 90 oz. silver but 0 gold, will I make it

>>18032195
No, of course not. You think you can buy something for a few thousands now and it's gonna be worth millions in the next 50 years? You're deluding yourself. Get back to looking for a real job.

Is raleigh-silver-coin on ebay trustworthy?

>>18018262
49% premium on silver philharmonics in my country right now, store announced it is unable to restock

>>18018667

Lmao this would actually make you deathly ill by killing off the fecal flora in the end of your digestive tract due to Silvers anti-microbial properties.

>>18033457
thats why you put it in your pee pee hole

>>18029275
the bullet bullion is the worst because they label it as 1 oz but it isn't a troy oz so you're getting ripped off. you could never get away with that with rounds.

>>18020492
Crushing truth, gold is better.

>>18018768
Why would anyone buy this shit off of ebay, especially since they aren’t gov’t minted coins...the appreciation from numismatic value alone would cover the difference between them and dogshit “rounds”

>>18033517
That's filthy

>>18029587
well im going on OFFICIAL comex publications. Silver warrants are OFFICIALLY not equitable to silver bars. What they actually ARE equitable to is not stated. The 30:1 ratio I believe is based on some complex short selling math and is not "official" per say or at least acknowledged. But the bottom line is paper silver is a worthless scam even in the best case

Has anyone had experience with suissegold.ch? Planning to buy from there but don't wanna get scammed

>>18020398
Because there is an unlimited amount of paper contracts that can be dumped on the market artificially suppressing the spotprice.

>>18019105
I will sell you my whole stack of ASEs if you're willing to pay that price. I don't quite have a thousand

>>18024859
Based and silverpilled.

>>18018262
that's great and all but for me it's bitcoin.
i don't see people accepting shiny rocks as a valid form of payment in a digitally connected world, especially since the layman cannot verify the integrity of shiny rocks.
with bitcoin, i won't need to trust the validity of the satoshis being sent to me, nor vice versa. this is accomplished with bitcoin miners providing security and validation to all transactions on a decentralized ledger with consensus based fiscal policy.

>>18032462
You mean like what BTC did?

>>18034329
TFW I get the silver ID, in the silver thread.

>>18031152
I hear commercials for a large local coin shop, but the announcer always focuses on gold.

I just bought some silver britannias.

>buying worthless shiny rocks
jesus christ you guys are stupid as fuck

i only regret not getting one of each 2020 mint
at least i still have my 220 philharmonics

>>18035188
> Canadian Royal Mint overwhelmed with orders, stops production
> English Royal Mint overwhelmed with orders, can't keep up with both gold and silver
> American bullion dealers struggling to meet the demand, 20+ days of waiting for your order
> "you" guys
It's everyone except you, retard. Think, why would every single person with power on this planet had their personal vault with PMs, every single dictator, every single drug lord, every single politician and a billionaire. It's not "us", it's everyone except you.

>>18035188
>oy vey, goyims buying up too much silver!

>>18035111
Where? I can't find anything in the UK except eBay with clown-level premiums.

>>18034428
It was new and it did. But it won't do that again, now it's under control by the "higher powers".

Orders are still being taken on ebay, But shipments are weeks away. Are we getting scammed?

>>18035295
I'm in the US. I bought them on an US online site.

>>18035311
you are getting scammed

>>18035188
antishills on suicide watch

Unironically, what % of my savings should be in gold/silver?

>>18035444
At this point 110%

i can't even sell my gold and silver now... wtf is going on. no merchant buys them only in big quantity" silver they don't even buy at all they are happy to ship you gold tho.

>>18035463
Really? Tbh I've only been posting on /biz/ for the last few days and have no clue what I'm doing in terms of finance.
Reading all the shit here though, overwhelming consensus does seem to be to gtfo of all traditional currency while still possible

>>18035111
congrats frens, do you have a delivery date?

>>18018281
Too much debt we will have deflation for the next 5 years

>>18035596
We are rapidly approaching a financial reset. People here have been talking and preparing for this for a long time. We all knew it was coming, because of the systemic flaws in the fiat debt based system that has been imposed upon us. It is NOT sustainable, it will end sooner or later.

Well, we are there now. We are in that transition. System is ending, so what everyone needs to do is position themselves so they come out the best on the other side.

Gold and Silver is the safe exit.

>>18035621
Ships 4/7.

>>18035744
Thanks anon. I never actually bothered to buy anything up until yesterday since everything surrounding fiat money, debt, etc. feels too convoluted to be of any meaning, though I suppose that's the point, and the problem.
When (if?) ever silver actually gets back in stock I'll buy as much physical as I can.
I hope /biz/ is right.

>>18035444
10%

>>18036168
explain?

>>18035744
Checked. How much longer until I can quit??

>>18033457
Don't people have to literally pay to eat someone else's shit in little pills when that happens?

https://digi-broker.com/?assetid=La7oaPL5gA8maMx4rRsjta6JKoZARGgg82Js7m#assets

>>18036026
I mean I hate to say that you are too late. Because you kind of are. Physical silver is basically sold out everywhere. Everyone with any economic sense should have a medium stack of PMs by now.

Just get what you can get now. Try get at least SOME ounces if possible, a few is better than none. What you are doing right now is essentially looking to build a liferaft from scratch while the ship is sinking.

Better fucking build it fast homie.

Also watch this episode to understand WHY the debt system WILL collapse. It gives you context for this crisis.

https://www.youtube.com/watch?v=iFDe5kUUyT0

How would the gold and silver standard and financial reset even work when banks and big corporations own like 80% of all the gold and silver

>>18036712
I’ve just been making orders amounting to 20oz, no idea if it will actually arrive

>>18024859
>Daily reminder the total above ground silver availible is 71k tons, while gold is 182K tons.
where the fuck did you get these numbers?

>>18018768
everything is like $28 an ounce

>>18036712
I just made a 10kg order. I doubt it will ship but there's always hope

>tfw my whole coin collection is from 2003

Ive got maybe 100oz of silver or so but the coins have numismatic and sentimental value so ill keep them until things get insane

>>18018281
This. Gold and silver moon mission confirmed

>>18036912
I ordered 30 ounces exactly a week ago, with 7 day stated shipping time on my order, and they arrived today as promised. German online shop.

So not totally impossible to get it if you are patient or find a stock somewhere. But of course depends on the retailer.

>>18035358

My shipment got approved after being frozen for two weeks. Silver fudders btfo

>>18037681
I’ve just been ordering from the mint, seems like it would be most reliable in these circumstances

>order 58 phils
>56 arrive

I’ve got two corona coins coming in this week. I’m excited

Buy grains
>>18036274

>>18028535
If you invest in SLV or GLD, you have to own a minimum number of shares in order to collect any. On top that, HSBC is the one handling SLV's physical silver and GLD's physical gold. Google HSBC and see how trustworthy they are as a company. You'll want physical everytime

>>18036240
If your portfolio is 10k, 1k should be in PMs.

>>18019636
Nobody is selling at a loss, Silver is more expensive than it was in February when spot was $18.

>>18038146
five ounce? i thought those were normal one ouncers. must feel good to hold them in hand

>>18038146
How big do those get? I mean the coin not the bat.
Ten ounce?
One kilo?

>>18018354
BTC is a shitcoin

>>18036331

lol basically yes - you have to obtain a fecal transplant via suppository that contains healthy fecal flora from another person.

>>18035695
Only sane anon in the entired thread. May I ask you when are you going to start buying gold? I'm thinking 2-3 years from now should be a good time

>>18035695
We're experiencing the deflation right now with financial assets dumping. Central Banks are flooding the system with liquidity and that will snap us into hyperinflation.

>>18038146
Nice desu, mine is waiting for me at the post office. Can't wait to get there in the morning

>>18018262
What you talking about? Spot silver price is currently $14+.

>spot went up

REEEEEEEEEEEEEE

>>18040797
>still can't just move "his own" coins to prove himself

I can't believe people are still this gullible to believe this idiot charlatan.

On the other hand, I think the market is starting to turn on paper spot prices and it could actually catch up with the physical market.

>>18038146
where you buy? i want one for the lolz

>>18037186
5 kg order here. They told me that it will take for about a month for the mint to mint it end send it...

Has good delivery status tho.

>>18041222
>21 hours before
The silver moon is rising

Who has the cheapest per ounce price for gold and silver IN STOCK I have tons of money to burn but no one has shit or its all jewed to hell in premiums

>>18041708
scottsdale mint website; Got 4x100oz from there great quality

>>18041817
Yeah their price jumped like $60 for the bar. BS

>>18018896
>Great deal
Lol try going to a dealer and getting $15 for an oz of silver. Not gonna happen. You're betting on the price doubling. Might happen, but still risky AF

>>18034610
Baste

>>18035087
Yeah, I hear gold every now and then, used jeweler etc, but never silver and it's on every ad break. They say invest $10k in silver, and every dollar it rises, you get a $4k return. Very fishy.

>>18018262
Do you have to get ASE's for best liquidity/status or do people not really give a fuck? A silver ounce round is a silver ounce... right?

So not only silver but gold refineries are dead.

https://www.reuters.com/article/precious-refining-argor/update-1-three-swiss-gold-refineries-suspend-production-due-to-virus-threat-idUSL8N2BG3ZJ

>>18042368
Idk which gold and silver mining stock to invest in fuck me

>>18041913
Boomers are selling stuff online for around spot, if you keep an eye out on it, needs to be the "buy it now" type which not all websites do.

>>18042453
The ones with spades in the ground.

>go to ebay for some silver
>type 1 oz silver
>10000000000000 results
>98% are for copper

I hate ebay

>>18042773
I dont know which one that is anon sorry

Just got 40 Perth Mint Roos for $25 aussie a piece, guess I'm a silver whale now

I got 80 oz. Will I make it? I just don't wanna be homeless ;__;

>>18042824
Yeah but do your homework before you invest your money, the ones digging and preferably with less red tape are surely who you want to back.

>>18042868
You're good bro that's like 2 months rent.

#TACHYON Conceal IP packet and simulate UDP, TCP, HTTP, HTTPS, FTP, SMTP traffic

>>18042891
>>18042824
The one's who own their own airstrips and can mine self-sufficiently. If they don't own their own ports/runways they're fucked by the virus

If anyone is in the 416 hit me up. I have hundreds of ounces.

>>18042833
Where from lad?

I have $1500 to spend after selling some comics, I can get 100 oz silver almost or buy some mining stock, was thinking JNUG

>>18031739
>only company that makes polished bug free games.
>nintendo games are easy to make.

>>18043209

>$50 an ounce
Not a chance in hell, Kike.

>>18019481

>>18043279
CAD is tanking relative to USD
that bar is now going for $220 + shipping + tax in US ebay.

>>18043331
I agree, its hitting $200 instead

>>18043331
silver is under-priced relative to platinum, which is not as important for electronics and medical application. we just witnessed actual price physical silver go from $14 to $18 to $20 down to $18 then now in the $26-$30 range. also the recent law about sales taxes makes it even more expensive if you buy online. i have never purchased from a local coin shop, so not sure if they charge sales tax.

although platinum also has some antibacterial properties, silver is more widely used:
https://en.wikipedia.org/wiki/Medical_uses_of_silver

think about it this way: if the world is panicking about corona, and they think washing your hands and using alcohol handsanitizer helps stop it, imagine the demand for silver once they realize its importance. also note that they claim coronaviruses can stay on surfaces for a few days, including paper money and CC card terminal buttons.

price of physical silver will skyrocket, it's just a matter of time. as with all things. timing. we're beating a dead horse at this point talking about it each day. and if i say $30 per oz is cheap i'll be called a shill for ebay sellers. it will be $50-$100 by next month.

>>18043497

>>18043391
Where? When? Post proof

>>18043497
no one is buying silver to rub on their hands retard

theyll use alcohol

>>18036879
>banks and big corporations own like 80% of all the gold and silver
You answered your own question.

>>18043497
By the time technology advances far enough for silver to have enough demand for the Earth supply to be an issue we will already be mining for it on asteroids you arse. Even if it did reach that point and we somehow aren't a space faring civilization by then, none of that that shit is happening in the lifetime of anyone posting in this thread.

I managed to get 75 ounces of Silver Britannia's last week when the spot price was £10.50 per ounce but pretty much cleaned out my account in the process. All my family members laughed at me and didn't want to at least get some despite the fact I've never been wrong about these things.
Today the spot price right now is £11.70 per ounce and it would cost an extra £250 to get the same amount of silver as last week.
I just wished my family actually listened to me instead of treating me like an insane person. This was the exact same shit for bottled water and tinned foods in early/mid February.
Hope to get some more Silver soon as Baird seems to offer fair premiums. What's the best place in England to get silver anyways?

>>18042809
>ebay
You get what you fucking deserve.
Zinc, tungsten and lead

>>18043331
I've seen 10oz go for $230 + shipping today.

>>18044306
bullionbypost, thats all i know

>>18037495
WELL IT'S A MARVELOUS NIGHT FOR A MOONDANCE

>>18018944
You are never going to get it.

>>18044408
Maybe, but when I compared their rates against Baird&co, you would pay about £50/60 premium for the same items, when I was looking at getting 4 250gram bars anyways. Used bullionbypost for the 75 Britannia though.

>>18019813
ABC coins look gay.

>>18043404
If it gets to $200 I'm cashing out but I don't even know what I should get. Maybe transfer into canned beans.

In today's world investment is important but apart from it there are many major problems on which we have not focused yet & that problem is safety & privacy of your data on the internet!!!!! today every work of human whether finance,education, shopping etc is done through
internet but is the Internet safe enough, we need to change our internet into decentralized protocol there are very few firms in world
working on it one of them is Tachyon protocol they have exciting products which have good potential in future to grow.

>>18044306
It's ok bro, it sucks I agree. Seeing something so clearly and begging your family to listen/protect themselves but not being taken seriously....only to result in the predicted event happening, you being right all along yet STILL somehow the bad guy.

>>18019813
I was at ABC literally yesterday in Perth. From what I heard, he said early to mid April for a lot of the silver which I was quite surprised about.
Perth mint Gold coins however he informed me was on back order til October.

>>18043275
Jnug is hugely volatile. Be careful

>>18044510
October for gold coin. WTF?! There is no way you are going to get them.

>>18019381
3 years after crisis though

>>18044306
>What's the best place in England to get silver anyways?
Right now? eBay lel, everything else was picked clean. Even the Royal Mint refuses to sell at these prices, they know the moon mission is coming and they're holding to sell after that. So does everyone else, Atkinsons was my favourite Bullion website in the UK, but they got hit hard by the Pandemic and now are out of stock even with mooning gold.

>>18020881
2-7oz/month hoarding isn't that bad, just don't be a poorfag bro.

>>18019401
I think silver and gold will be steady and low for at least another 6 months. You guys are freaks with your predilections. Silver still might bump South of $10.

>>18044537
Yeah, I mean I didn't want to order any I was just asking the bloke out of curiosity to try get some opinions on this apparent shortage of physical metals.

Not sure if any of this info is useful, honestly surprised they're still open given the isolation/quarantine direction given by our government.

>>18044254
> we will already be mining for it on asteroids
Should I tell him, guys? Or any one of you wants to do the honours?

>>18044571
Metals and oil will tank because 1. There is no need for them and 2. you can't get them. NO ONE can get delivery of silver at $11 an ounce... or even $12 or $13. It's nudging up till delivery occurs. Delivery IS NOT going to occur so it's going to drop again.

>>18044535
I dont know anything better. I am prepared to lose what I have anyway, better than blowing on video games which is what I was going to do, get some vintage collector editions.

Does scottsdale cancel orders or do they honor sales no matter what?

>>18044655
Can vendors cancel orders after payment is sent?

>>18023038
This.

The retaining of purchasing power in something that has an intrinsic store of value is the only surefire way to acquire and keep wealth. Crypto blockchains backed by a gold/silver standard are literally the future of finance.

>>18025396
20:1 is the ideal, although Big Dick Mike Maloney claims it can even go lower than that, since the record so far is 16:1.

>>18044694
They can do whatever they want but based on reputation some take pride in not doing that and honoring things

>>18044720
You really think silver can hit around 80 shekels

>>18026901
Yes, I would say at least 70% of your holdings should be physical though.

Crypto
PMs + some mining ETFs
Real Estate
Guns
Low risk index funds with dividend yields

= god tier wealth creation, storage and insurance

>>18029970
I mean with the Trumpbux on the horizon there is literally no better time to buy. The deflation will flatten out the curve and physical stock will rebound as the mints make more, but then demand will fall again briefly and then hyperinflation will hit

With the helicopter printing and stimulus package combined with the extreme uncertainty a global pandemic causes, the complete cardiac arrest of the global economy save a few necessary supply chain infrastructure industries will undoubtedly cause both silver and gold to moon.

This is now down to a matter of months, not years or decades any more, as the fiat credit-debt system is beginning to collapse on a worldwide scale. Wealth never dissolves, it just changes hands and this will be the biggest transfer in history.

>>18044767
>some mining ETFs
any suggestions

>>18024859
>Daily reminder the total above ground silver availible is 71k tons, while gold is 182K tons.
Gold is at 190k tons, and silver is at 1.66MM tons.

>>18035596
Financial reset is on the horizon and the pain from the transition is gonna be nasty if you aren't prepared. Crypto backed by PMs are literally the future of finance and hopefully we will be rid of the fiat Ponzi scheme soon enough.

>>18035596
No traditional currency is good
Gold and silver are mooning
The Fiat scam will probably end tho

>>18036286
We were on a "years" timeline before Corona-chan. Now it will be a matter of months. End of year mooning looks more and more likely with each helicopter drop and (((stimulus package))). Save almost no fiat. Keep a little immediate liquidity, otherwise exchange it for PMs, ESPECIALLY when the deflation stops but before people start spending again. Once the spending starts up again after this period of deflation, hyperinflation will occur as prices skyrocket to meet the influx of currency.

>>18044886
Interesting ratio.

>>18018707

Bullshit. The shortage is real.

>>18044934
Fuck, when will you freaks understand. silver and gold are not going to moon yet. They are going to fuck up more and you will not be able to buy at those prices. Governments will not let it moon.

>>18036879
Exactly.

>>18020492
1/8 mining ratio

You just don't know

>>18044946
The shortage was before now. Most PM dealer have allocated and allocated pools. We will find out how gay they are in 15 months.

>>18043654
fuck you

>>18026901

Both

Buy GORO, Hecla Mining and First Majestic.

Good underdogs are Kooteney Silver and Fortuna Silve aaand MAG

>>18044567
I agree. We're still in the deflationary event. Once the curve flattens after Corona-chan is brought to heel for the relative nothingburger it is and people start spending again, the hyperinflation will kick in and gold + silver will skyrocket in value.

>>18044961
This. The level of delusion some of you are suffering from is unreal

>>18044744
I think it can go even higher.

Gold will hit upper 4 to even 5 digits ($6-8 grand, silver will hit 3 digits. Think about it, though. Buying silver now at $20 an oz (accounting for premiums), and selling when it inevitably gets up to $50 again, your purchasing power in PMs just doubled and you did nothing but put them in your safe. Imagine if it gets to $100. At worst you can just exchange it for gold at that point.

>>18044961
The central banks own the governments anyway and losing so much in the fiat scheme will make the normies infuriated enough to demand a change, and that is when the switch will happen and the banks will retain their wealth in a new system that they prepped for and manipulated.

>>18044986
what about jnug

>>18044827
How high will you sell it at?

>>18044736
AAAAAAAAAAAAAAAAAAAAA i bought 3oz gold minutes before they blocked anyone from buying more than 1oz my payment has been sent but the status is still "order processing" so far, i hope bullionbypost does their shit. I have no job now so am thinking of getting unemployment gibs and buy silvers...

>>18021890

>$16.25 silver & 1610 gold by the end of the week. Cap this.

CALLED IT FUCKERS!!!
Tomorrows dump might be epic. Hopefully just a 50% correction back to $1530 to refuel then on to new highs.