/biz/ - Business & Finance

>>18117390
Nigger, I just want to buy another 100 oz bar, but I don't wanna buy it for $2k... What do I do anon? Do I pull the trigger?

>>18117390
How do you sell during a quarantine though ?

same way everyone else is

>>18117435
You wait a month for delivery kek

>>18117435
real simple, don't be a faggot

>>18117432
why, its no where near the price it was 8 years ago

>>18117528
>its no where near the price it was 8 years ago
What do you mean by that? You think Silver is gonna break $50?

>>18117432
this shit is going to the moon it's obvious. the fed pumped in so much money that their will be inflation +, the the shutdown will make silver impossible to find. buy now and guaranteed to make money

>cash out silver on the "Street" for the premium "street price"
>get shot and robbed

>cash out crypto in safe confines of home
>dont get robbed

hmmmmmmmmmmmmmmmmmmm

>>18117675
Ayo nigga gimme those private keys before I beat yo ass!

>>18117390

>>18117390
post stacks to make other jealous

>>18118056
How much is that?

>>18118105
looks around 20oz

>>18117390
>tfw my 18 ozt ordered at 14.30 spot before the collapse/premium sellout is finally about to ship from JM
When I saw spot dump to $12 i felt like i got gipped but in reality I bought right around the lowest bottom I could

>>18118105
200 ounces

>>18118633

I had the JM Bullion 10oz at spot deal in my cart ready to check out a few weeks ago and decided against it because my checks/banking info was downstairs and I didn't feel like walking downstairs to get it. Kek

>>18117390
>So I bought during the panic 15 silver maples at 27.50 CAD
lol same with AUS Koalas

>>18118696
That sucks. I look forward to the day those get back in stock I have all the various website spot deals bookmarked, I haven't gotten to use any of them. JMs was also out at the time I placed my order they were already almost out of everything, I got lucky desu

>>18118056
>tfw have 5 oz and 20 more coming tomorrow that I bought for $19/oz
Feels have never been so good.

>>18118056
Yawn ok
wake me when it’s $500
otherwise STFU

>>18117390
thats just chinks and desperate dummies. temp spike in demand, wait 5 months and you can buy in at $15 or less

>>18117390
imagine linking ebay as a reliable price source where they take ~13% of your cut as a seller. fuck youre a retard.

>>18118904
You got everyone beat in terms of stack for silver that I've seen in these threads. Nice work, how long did it take to accumulate? I only started since last year and felt like I got in late. Still feel like I got a sizable amount though.

>>18118992
That's not his anon.

boomer rocks

>>18117390
eBay price is always high because normally people buy one as a gift for someone and they can't be fucked going to a local dealer because there are no local dealers and can't be fucked opening an account online with a dealer and getting anal probed for a fucking coin worth $20. Though, in saying that in the last week the srys sellers on eBay Oz have been de-stocked of everything that's $ legal and silver. I saw hundreds of 1oz go in a day from 1 seller. It would have taken that seller months to sell that amount and he did it in a day. What's left are gay coins for $43+ Australia Yuan each but the market for Star Wars is kinda thin and getting to recognisable coins it goes to $49+ Australia Yuan each which is the point srys buys say no thanks (at the moment). I don't think that this buying was grandma wanting to buy a gift for her grandson and that it was actually srys buyers cost averaging up their stack because ALL the dealers sold out in a few days and they are getting told it's a month away (which it might be).

>>18117390
>Buying pms for gains
Absolute retard

>Buying pms to larp as a pirate
A bosun worth his salt

>>18118056
I've got 16 of these bad boys. Had a weird dysfunctional D/s relationship w a guy who had wayyyy better investment advice than interpersonal skills. RIP but thanks, picked em up for $2200 Canadian about 5 years ago. maybe a little more.

>>18118904
nice

>>18117390
Multiply the Dollar:Silver and Paper:Silver ratios together and you will see what silver should be worth if all derivatives were eliminated and the dollar was pegged to it. In theory, it should be over $275K. If it relieved debts it would be even more valuable.

>>18118992
Thank you anon
I don’t think it’s that hard silver bought at $12-$14
a 100 oz bar is just $1400
I bought direct from Perth mint
It’s definitely not too late .
The real value of silver right now is $500 minimum
Once the paper price (CNBC ) is $200 + you can consider selling some
Oh and it is actually mine

>>18119303
it is mine so stfu faggot

>>18120589
Whats d/S ?
The bars are cool right

>>18120735
timestamp you larping mouthbreather

>>18118696
This reminds me of all the lazy fucks that wanted to mine bitcoin in 2010 and didn't because it was too much work

>>18117675
Like you’re not gonna get exit scammed by some chink

>>18120735
>>18120852
this man is correct, I don't believe you bought today.

>>18120760
D/s = dom/sub.
i just assumed everyone was into that but it turns out most of you like to fuck like animals.

oh well, back to celibacy. this larp living as a commoner has been a waste of time.

anyway any suggestions on how to invest $80 000

>>18122085
Post tits?

>>18120635
Realistically there will be a cap on silverprice due to mining tho, far far below 100$

>>18122309
According to the USGS Silver will be among the first resources where the in-ground supply will be depleted. It’s between silver or zinc...

>>18117390
Yes this is absolutely true. Paper is not the same as metal and both are being sold for different prices.

>>18118056
>2020
>not even owning 5kg bars of silver

>mfw german traders sell 1oz of silver for up to 40 eurodollar

hnnng

>>18126438
BMWF coin.

>>18117390
Feels good man. Though I bought paper silver at 11.65

>>18126578
>owning paper silver
HAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHHAHAHHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHHAHAHAHAHAHAHHAHAAHHAHAAHHAHAHAHAHAHAHAHAA

>>18125150
Absolutely ridiculous. Silvergoldbull in Canada is selling silver at unprecedented premiums as well.

>>18118696
this is exactly why single story homes are superior. nobody needs a downstairs and an upstairs. there is no moral, legal ethical reason for an american to have stairs in there house

for gold:
>https://www.ebay.ca/sch/antiquariatousato/m.html?_nkw=&_armrs=1&_ipg=&_from=

>current paper gold market price $1620
>current physical gold ebay price $2400

>>18117390
a small package has arrived

>>18126677
Checked
Do go on fren

>>18126662
It's going to converge, a gap like this offers great arbitrage possibilities

>>18126818
>It's going to converge
Until it doesn't

Feels good been stacking silver and gold for the past 2 years now I can sit back and watch the economy burn to the ground.

>>18126870
Chea chea mein neger

>>18126841
A certain spread will always persist but far smaller than this

>>18126677
>>18126711
apmex i ordered last Fri/sat

>>18127099
new stacklings to add to my meager little stacklet

>>18118904
Sorry $500 an ounce? What makes you think it would ever hit that?

>>18127134
as a wise anon once said.....

"Those 1/10th Ounce gold coins are pretty underwhelming bro"

Any britbongs touching silver with dat dere 20% cuck tax?

>>18127201
Any reason you're buying 10x1/10 ounce instead of a 1 ounce coin? Isn't it cheaper and also easier to store?

So what are you all actually predicting? What prices for silver? There's still quite a bit online to buy at a shitty spread, you all think it's meaningless? What do you all actually see happening other than just waking up one day and "hurrr now my silber is $1000.00 an ounce!! Whoa!".

>>18127197
>"i'd hit that like that like a speeder bike crashing into side of a tree on the forest moon of Endor"
calm down fren

>>18118852
>mfw I bought 20 oz of Britannias and 24 oz of eagles 4 days ago

>>18127244
Nothing

>>18127244
From what ive read the ratio of silver to gold is historically 16 to 1.
Right now the ratio is 55 to 1.

So either gold is overvalued or silver is under valued, imop gold is properly valued rn.
That was before the fed made the printer go brrrrr.

>>18127235
idk,... i guess i thought fractional would be more convenient, or just more fun to have more multiple pieces of gold. but i don't think i buy this small again if i can avoid it.
they're basically the size of a dime. still pretty, and valuable. but very underwhelming indeed for a little stacklet with bigstacks envy

>>18127316
The ratio is actually closer to 120.

>either gold is OVERvalued OR silver is UNDERvalued
You have no idea what you’re talking about

>>18127389
Gee I wonder what could be the cause for the difference in value?
Could it be that gold is inflated or is gold properly valued rn?
Maybe could it be that silver is properly valued and gold is inflated, or is silver undervalued?

The concept is simple, why cant a simpleton like you grasp it?

>>18118056
https://www.youtube.com/watch?v=n-QWWcTvprQ

>>18127235
Small coins are easier to sew into clothing in a hyperinflation scenario.

>>18117675
Try purchasing with your internet monies when shit hits the fan. I got silver, gold, and buttcorn. If the person you're buying from doesn't have a BTC wallet, have fun buying off them.

>>18126662
Those are canadians. 2400 canadians are 1700 americans. Still a big difference but c'mon, why are you trying to bamboozle the good anons of this board?

>>18127389
are you retarded?

>>18129921
No hes not
The guy was way off on the ratio

Also both Au and Ag are undervalued
So get fucked

If we go to a gold standard we could easily see:
Gold to 100k
Silver to somewhere around 10k

Maybe more.

Remember the suppressed prices we have at present are totally unrealistic.

BUY HIGH SELL.... uh, to someone? who knows who is gonna buy your shiny metals and not scam you while doing it lmao

And Silver overtaking Gold as a key asset for a new tech based society isn't impossible. Time will tell.

>>18117390
wait what? i have 1000+ ounces. is it time to sell or is silver going higher?

Bought it this morning as soon as I saw it was back in stock. I kept refreshing the page to see how long it would take for it to get sold out and it took less than 5 hours.

>>18130158
>>18130158
i watched s pretty legit video analysis of the whole monetary system, its workings and history and how PMs relates to it.
they basically said, if dollars were tied to the Gold or Silver it would be worth about $10,000/oz
i vant remember if they meant gold or silver but either way. it was a comparison of how artificially the PM market values have been manipulated and how little the dollar is really worth

>>18122286
It’s probably a gay dude. Their degeneracy levels are off the charts.

>>18128379
they can just pat you down and get a young Soros type kid to take your gold. why do you think they expanded TSA after 911, it was to prevent people from transporting tons of money and gold across airport borders. they don't give a shit about terrorists.

silver is actually harder to find in nature right now, compared to gold. there's tons of videos of guys just finding little specks and actual nuggets of gold by river panning. i have yet to see one video of people finding silver that easily. just keep in mind there's such a thing as panning for gold, but not panning for silver. silver has to be extracted from mountains.

>>18132602
buying gold when spot was $1200-$1500 was a smart move, then shift to silver when it was still readily available. even buying at $30/toz. is not bad given that silver can easily explode beyond its peak in 2011-2012.

>>18117390
jesus fucking christ cope harder you fucking brainlet.

>>18132602
I understand what you're saying, but that's false. No one pans for silver because you'd have to gather, like, a pound of it a day in order for it to be worthwhile. Meanwhile, panning for gold and getting an oz a week would make for a cushy living. It's not about whether or not it's possible, it's about if it's a cost effective usage of your time. Look at the AU:AG ratio right now. If you can pan for either, and will collect equal amounts in weight, which would you choose?

>>18132704
yeah, I agree. if you look into silver more, you'll find it's quite lucrative but only if you find a big chunk that weighs several pounds. but usually it's still an ore form, and has to be refined. with gold it's a lot easier and more practical because usually it's already in a fairly pure form, or it's stuck on some quarts.

>>18118056
>133 oz
>DCA is 14.04
Get rekt niggers

>>18132602
>>18132704
>>18132928
Silver isn't present in a "native" form as much as you find in nature as gold due to it being more reactive than gold i.e. tarnish, so tendency for it to alloy or bind with different metals will occur during when it melts and reforms in the mantle or when it is in the ground. You will find silver nuggets but it will be anywhere from 80-90% pure while gold you get in streams and etc. is pretty much 99% there.

>>18132602
silver isn't hard to find. There is way more silver in the Earth than their is gold. The problem is shit banks like Comex artificially lowering the value of silver. The low price of silver makes it unprofitable for mining companies to look for silver, so they don't bother. I think the price of silver will increase to a point where it is higher than the natural ratio of gold to silver (15oz silver = 1 oz of gold). Afterwards mining companies will start mining for silver again and the prices will lower to the normal. Waiting for silver to be worth probably 10:1 for gold or maybe even 5:1 then exchanging all my silver for gold.