/biz/ - Business & Finance

>>18139997
I cant find silver for anything less than DOUBLE the spot price! I'm not gonna make it am I?

>>18140148
>I'm not gonna make it am I?
If it takes off like some think, ngmi. If it just flirts with ATH (~$50/toz), meh.

If you are of the opinion it will seriously moon, then you'll be missing out. The most fantastical version of this hope I've seen here was the recent calculation using pic related to take the $:Ag and assuming the Paper:Physical reverts 1:1 to give $342,204.02/toz. Seems too good to be true, but even going to the $1,954/toz would be great. I've been stacking Au/Ag for years but only as a store of value means of savings.

>panic buying
>fomoing
>into PMs
sort your fucking life out you adhd riddled mess
you cost average PMs with your monthly disposable and sit on that shit for 50 years

>>18140332
Wait... what kind of math are you using to get $342k per ounce of silver? That's retarded high. Even $2k/ounce would mean I literally bought a house worth of silver for $2k

>>18139992
silver is going to go down in the short term, it's overheated with FOMO right now

>>18140399
It's actually not. Paper contracts are still sub $15 and physical is decoupling because the supply is a lot smaller than most thought. Physical is more expensive now than when paper contracts had it in the $17 range.

>>18140399
Physical is not going down no matter how much you guys are desperately FUDing it. Nobody is selling it for it's paper value.

owning silver only matters if you think the dollar is going to hyperinflate. i think it might, but at this point a war is coming. ww3 + jewish trickery will complete the mark of the beast

133oz
>DCA is $14.04
Stay bad niggers

>>18140388
Dollar:Silver is based on the proportion of USD in circulation versus the physical supply of silver. If USD was pegged to silver that ratio tells you what it would be revalued at. More accurately it tells you what the purchasing power of silver would become. Paper:Silver ratio refers to silver futures contracts. The derivatives outnumber silver in such a way that it drives down the price of silver due to deflating the price per ounce. The Dollar:Silver ratio is depressed by the Paper:Silver ratio. So if the dollar was pegged to silver and it became worth 1/1,954 of 1 oz of silver, and if all derivatives were wiped out so that physical is the only price that mattered and the Paper:Silver ratio became 1:1 it would skyrocket the price of silver.

$1,954 x 175.13 = $342,204.02

Agreed it's crazy high, which is why I'm not holding my breath. I was just relaying the banter that I've seen in some PM threads lately.

>>18140332
>we are now at $2000/oz
good god this is accelerating very fast, hope you lads bagged up, was $800 a few months back
NEW PARADIGM IMMINENT

>>18140437
>>18140452

https://youtu.be/n_h-5H421MA

Good video I stumbled upon, look how consolidated the shorts are, as well as days of profuction, also there are MANY claims on the same ounce. Doomsday moon impending

>>18140497
>342,204.02
kek now you lads see why I've been saying that 13 toz is the make it stack
=$4,448,652

believe it or not it's much worse than that though, now add in all the other fiat currencies across the globe and their paper silver ponzi's, that true number is unprecedented

>>18140645
When do you think we'll see this insane prices?

>>18140780
i second this question

>>18140486
they will try but they will fail. fool us once but not twice.

>there are more gold reserves than platinum or palladium
>there are more silver reserves than copper

>>18140645
The dollar value of silver doesn't matter. If it gets to the point where an ounce of silver is that high you're not going to want to sell for dollars anyway. What will you be able to buy for an ounce of silver after hyperinflation? An ounce of gold has always been compared to being able to buy a fine tailored suit. So a silver dime for a days work...$200? by todays dollar valuation?

>ebay
can still find deals on gold

>>18139992
I was too busy buying lead.

>>18141289
why not both?

In Australia most gold/silver is sold out.

Luckily we mine precious metals here and you can preorder at major dealers locking in todays low price.

>>18141310
Because that would take away from my lead investing which can net me a surprisingly large amount of other investments like women, food, and precious metals. We're entering Mad Max economy, you'd better be prepared.

>my SLV calls only lose $

Fuck AG.

>>18141492
Nah I'm good there too, I browsed /k/ for a years before I ever came to /biz/.
I'm just saying having both is pretty nice.

>>18141492
Nah I'm good there too, I browsed /k/ for years before I ever came to /biz/ and I won't say anything more than that.
I'm just saying having both is pretty nice.

Literally every normie I know has been buying gold or silver. Red flag

>>18141492
>We're entering Mad Max economy, you'd better be prepared.
You faggots are so cringe.

>>18141580
this, time to sell

>>18141326
>Luckily we mine precious metals here and you can preorder at major dealers locking in todays low price.
How do you pre-order? Does that work from the Perth mint?

>>18140780
>>18141058
could be this year or the next, I don't have a crystal ball, all I know is that it is a GUARANTEED 100x
by 2030 at the latest
>>18141263
>dollar value doesn't matter
It could matter or it could not matter, regardless, the only aspect that matters is that it will moon in purchasing power
>silver dime for a days work
at the very minimum, more than likely to far exceed that potentiality
from the documents I've read the new paradigm valuations will be this
13 toz = make it stack, live on dividends for the rest of your life
30 toz = Plantation Owner, purchase nearly any car/house you want
100 toz = Oil Baron, buy any home/car and a massive yacht
1000 toz = Saudi Prince, buy anything including islands
10000 toz = Rothschild Insider, all the above, be inducted and apart of overarching control web and inner circle of men who run everything
>>18141580
>>18141621
zionist psyoposters

>>18140487
I have 127 but my DCA is higher

>>18139992
I impulse/panic bought 12 coins for $300 last week
Some times it pays to be an idiot

>>18141693
>zionist psyoposters
Are you denying the fact that normies have been buying silver and gold hard af? Since when is that a good sign?

>>18141492
>We're entering Mad Max economy, you'd better be prepared.
LARP more

>>18141732
no they are buying, the psyop is that that's a bad thing and that it's time to sell the all time low

>>18140148
what country?

>>18141732
>>18141863
Even still literal normies aren't buying metals. People with knowledge of market manipulation and inflation are, normies still think holding stocks is fine and dandy and that the economy will bounce back to business as usual, which it may but not for long

>>18140148
Silver is gonna moon anon, this is your last chance, the double spot price is a discount for what its gonna be.
The price for over 100 years has been artificially held down. Now its coming back full force.

>>18140645
Ok this post made me fomo. Where can I buy silver NOW at the lowest price? Stick with bullion?
Apmex? Jmbullion?

>>18141693
so china will rule the world?

Anyone know where I can get kilo bars of silver in stock?

If you can't find gold invest in gold mining. Demand is obviously going to skyrocket. load up on nug calls 1/22/2022 $7 strike are cheap as hell right now. Think about it. Jnug was 90+ a month ago, now its $6 anyone gets call options on a leveraged ETF is gonna be rich AF in two years.

>buy silver bars on ebay
>get the bars and put in for a return immediately
>swap out the OG bars with cheap chink ones i have sitting around from aliexpress
>seller never knows the difference

>>18139992
Why would you buy silver? 15 years of people saying "It's GoInG to Gew UP".... christ, you guys are daft.

CKB and the Nervos DAO will bring you 4% per year + a first spec run (5x?) , why are you even playing?

>>18141933
i'd say some normies are buying, but with the knowledge of the fiat ponzi scheme and deep comprehension of the banking scam? probably not, but someones buying hence why supply is depleting, I agree though that normies are buying ETF's thinking they are ok, which is delusion
if you don't hold it you dont own it, multiple claims on the same toz that supposedly in said etfs
i foresee a mega bull run bounce back soon actually, then the omega collapse and transition into the new paradigm
>>18142096
strictly bullion, worst case mining stocks, don't trust paper certificates or etfs
>>18142120
no zionists will rule the world because they own china and the usa supply, which dominates the overall supply

>>18142132
Nowhere.

>>18142341
Literal fucking retarded monkey detected!

>>18139992
You can still buy platinum, which is pretty doggone cheap. Not as cheap as when it recently bottomed at $625/oz but at $750/oz, it's still really cheap. Even if the gold price stagnates, I expect platinum to quadruple to catch up to its historical price ratio with gold.

>>18141693
tfw only oil baron tier

KEK TIER: Silver

CHAD TIER: Stocks

>>18142541
>$750/oz
Can you actually buy at that price though? Premiums are insane. Nothing cheaper than $900

>>18142636
I have precious metals in various forms (gold and silver coins in my physical possession, gold in PHYS trust, and gold in a Swiss vault) and I buy platinum through BullionVault. I have done a fair amount of due diligence on the company and believe it to be trustworthy. You essentially pay about the spot price for platinum. I have about 15 ounces of platinum with BullionVault.

>>18142187
>ebay bars are already cheap chink ones marked up to full price
>you just lose the difference paying the premium
bamboozling for a bruizin.

>>18139992
Hmm yes in the collapse silver will definitely be worth something.

/biz/ really does buy high especially boomer retards

why would you buy some shiny rocks at premium (just long now kek and profit of the arb)

while you can have all the shitcoins you want on the interwebs

buy zano

>drops another 10%
>WHY DIDN'T I BUY
lmao

is that who i think it is in the middle

>>18141693
Oil baron here
Get ducked niggers

>>18141690
Perth mint taking pre-orders for 1oz, 1kg gold and 1oz silver kangaroos only.

They can manufacture and deliver within 4 weeks. Only China beats us in gold produced per year, and not by much.

>>18143057
Hear hear. Fellow high IQ man here.
Loaded on ZANO.

>>18141693
>13 toz = make it stack
They got that idea from the Bible?

>>18140645
What is a toz

>tfw you bought 80 oz just for meme value to shitpost on biz last year

FUCKING COMFY
U
C
K
I
N
G

C
O
M
F
Y

>>18141492
>any day now.... the entire nation should become anarchy....

>>18143044
Can you guarantee me that there will be a collapse in the next 5 years? Wait no?

Well i can guarantee you than USD will inflate and have less buying power in 5 years. Silver helps against that

im seeing that prices are already going up for silver from last week. was it because of the trump news?

>>18143044
Lmao, yeah, world collapsing, hey I dunno where I’ll get food and water so lemme trade you food and water for shiny rocks. Dumb ass faggot. You shiny rock peddlers pay the coin dealers money, and I wouldn’t be surprised all these pm posts were from apmex and Gainesville coins faggots.

>>18139992
>pic related is my stack.
>Shows pic of plastic container

>>18139992
That is an empty tube anon. You can still stack those at low premiums. Monster box plus 20 tubes is like $75.

>>18139992
not me Ive been stacking gold since 2017

>>18141732
>Are you denying the fact that normies have been buying silver and gold hard af?
>Since when is that a good sign?
I see the point you are trying to make, but it just isn't applicable to physical gold/silver. It's a good thing that normies are panic buying.
Normies buying in shows how scarce physical precious metals are. Furthermore it also proves that not even normies believe in the paper markets since they are willing to pay hefty premiums for physical. It's no longer a tinfoil hat thing to think the paper markets are fake. This is a very significant change in sentiment.
To be fair we also had this in 2008 with a decoupling of paper and physical markets. In that case the spot prize went up 5 times within the next three years. It's fair to assume that such an increase in paper price was necessary to restore belief in the paper markets and it's probably fair to assume that a similar increase will need to happen now in order for paper markets to appear legitimate.
There is hardly any physical available, not even at 10 dollar premiums. Even the preorders are sold out. Mines are closed, mints are closed. Deliveries are being denied and people are forced to settle in cash. The truth is coming out, and social media etc. are much bigger than they were in 2008 so this time the truth is reaching a much wider audience. Change is coming.

>>18145366

>>18146249
KEK

>all these retards fomoing into precious metals during deflation because peter schiff told them to buy his bags
lmao

this board never fails to lose money

>>18141732
>>18141693
My mom (who knows literally know about finance or economics) asked me about buying gold

imagine buying Silver/Gold right now lmao

>>18146214
>it's different this time
oh dear

you are going to lose all your fucking money lmao

>>18146328
You can't lose money on gold. You can buy at any time without a worry, due to printing, it will always continue to go up about $100 every few months by default. It will also occasionally spike due to uncertainty and other events. Unlike Crypto that just fucking plummets 60% in a week because of a fucking flu.

>>18146361
>always goes up 100/mth
What!?? Lol. Retard! You clearly just got into pm the last month, moron.

>>18146375
Zoom out, the new era or gold started in 2008. Everything before that is irrelevant, everything after that is promising.

>>18146361
>You can't lose money on gold
HAHAHAHAHAHAHAHA

t. bought the top in 2011

>>18143826
QRD?

>>18145176
Troy ounce. Just another way of saying ounce

>>18141933
>normies still think holding stocks is fine and dandy and that the economy will bounce back to business as usual
yeah, I work in a white collar office with gen x/boomer co-workers. so far they've been buying ATT and a few tech stocks. And one guy unironically 'buying the dip' on cruiselines kek.

>>18139992

READ THIS - RELEVANT INFORMATION

There is still lots of silver available in here Germany. The following website allows you to compare prices for various coins from different online dealers in Germany.

https://www.gold-preisvergleich.de/

The word “Preisvergleich“ translated means “price comparison”. In Germany there is a 7% sales tax for certain silver coins and 19% for silver in general while gold remains completely tax free. The demand for silver has therefore been here comparatively low. Conclusively most forms of silver are still in stock and are even available in larger quantities. Premiums have also not risen as much as in other places so that prices are still comparatively low here despite the aforementioned tax. Remember that these prices do not include shipping and some offers are only presale/preorder. Also expect shipping to take significantly longer because of the China virus.
>Repost this in other threads about precious metals

>>18139992
PM prices on ebay are always stupid and its riddled with fakes
best place to buy is estate auctions and buy properly hallmarked

>>18144090
damn that's badass
the US mint is gay as hell and won't let the goyim buy directly like that with out ass raping them with premiums

>>18146249
YOU LEAVE MIKE MALONEY ALONE
HE MAY BE A LITTLE OFF BUT HE HAS A HEART OF GOLD
HE'S ONE OF US!

>>18139992
metals are only going to moon once the last holders on this board trade their last silver eagle for a cup of water

>>18141693
I can't believe that there is this little 0.1% hope in me of becoming a 100oz oil baron. I'm such a retard.

>>18147061
>minimum €20/oz

yeah no

>>18139992
eBay won't let me buy 2 gold rounds with a credit card right now REEEEEEEEEEEEEEEEEEE

>>18142541
Do not buy palladium. It's a speculative asset and also integrated into global supply chains that are about to collapse. I would rather trade Tesla than that literal shinny rock

>>18141693
my mom doesnt want to buy coins or bars, is sterling silverware an option?

>>18142516
mirror is helpful.

>>18143826
Caitlyn Jenner?

Is it gonna dip?

>>18149433
>getting cucked by his own mum
grow a pair and buy your own damn silver bullion

>>18142096
try your local coin shop if he's still open