/biz/ - Business & Finance

ill buy any silver you have for $5 over spot price. guessing you dont have any tho.

i ll buy anything 15 over spot

>>18152304
See, I know you're baiting, but for the sake of every Anon who reads this and is genuinely curious: price of the PAPER silver crashed because investors got margin calls on their retarded stocks. Price of the physical metal silver is going up every day due to physical shortage.
Now if the paper silver holders called for their metal to be delivered, it would moon the price crypto-style. But since most of these paper holders are the Jewish Banks who use it to keep the price of silver as low as they can, it won't happen.
Why would they do that? Easy, they're not done accumulating plus their Jewish Tech Business needs silver to develop.

But now the scheme collapses because of the virus, the mask is off and the true price is going to be revealed. Don't be surprised with $100/oz in a few months.

>>18152339
I’ll sell you some. 30oz Minimum.

>>18152304
People sell everything during most crashes.

>>18152376
Oh please let this be true

>>18152388
Correct, because stocks are worthless.

>>18152376
$100 is fud.

>>18152376
If the spot price is going to $100/Oz why not just buy the cheap paper silver and then sell when the price suppression is stopped?

>>18152380
europe?

>>18152376
Actually, I looked into this, and it appears there's a discrepancy between spot/coin prices, which suggest industrial demand is tanking (low spot), but speculative demand (i.e., people wanting physical silver) is rising (high premium).

>>18152451
paper is going to zero, it will implode soon

The paper price is not real silver. People holding billions in slv contracts are going to get destroyed while people who hold physical will inherit the earth.

>>18152451
(((Spot price))) will tank, but then you'll go on eBay and you'll maybe find some American Silver Eagles $100 each. Maybe. And then, even if, the Nigger from FedEx is going to steal your package the moment he scans it and realizes what's inside.

#FinNexus will gain revenue directly from its operations

>>18152498
Let's say I do get a futures contract and I hold it till delivery. Wouldn't that be cheaper than buying it off eBay?

>>18152304
People who speculate with PM’s are retarded. They will eventually go up significantly but it’s going to take time. Silver and gold should be used as hedges.

>>18152605
There is no silver shortage per say, but very soon people who have it will simply refuse to sell it. You can't buy something that is almost completely held by JPM and the Chinese and they have no desire to sell. Whatever will be left (still plenty), will moon.

>>18152304
Silver is an industrial metal so of course the price would crater during a recession. Gold is the only PM you should buy.

>>18152339
Jmbullion has ten ounce bars for almost $3 over spot, you have to wait couple weeks. Presale item.

https://www.jmbullion.com/10-oz-silvertowne-silver-bar-varied-design-new/

>>18152304

>>18152498
I've had gold stolen by the USPS before. Thankfully APMEX insures all their deliveries and sent me replacements a month later via UPS this time.

>>18152304
>thinking shiny rocks will moon within our lifetimes
Kek

>>18153255
How the fuck would a ups driver know there’s gold in it

>>18152647
Gold and silver are real savings

people are looking for a store of value now that everything is dumping, and there isn't enough physical gold and silver in the whole world to meet that demand

>>18153795
Those things weren’t stores of value before either. Gold and silver are the only real assets and stores of value not denominated in USD like most inflated financial assets

>>18152414
They're worth whatever people are willing to pay for them. Check out human action by mises. I own silver btw

>>18153814
yes

>>18153832
How many ounces you own

>>18152451
Cause you don't own it then

>>18152451
All you idiots say this even 5 years ago when things seem like they are going great. I tell my dad get physical... but the stock market is going to go up and then you can get more silver... well fine... but at some point the music stops and if you don’t have any your are fucked

>>18154148
>but at some point the music stops and if you don’t have any your are fucked
well said

>>18153795
>>there isn't enough physical gold and silver in the whole world to meet that demand
but anon, thats what makes it as store of value

>>18152422
>>18152376
$100 and $1000 per oz by EOY are both FUD.
Factor in:
>mines closing down for 1-2 months
>geopolitical instability in South Afrigga
>potential use of silver in air purification
>shortage of med devices such as ventilators
you're looking at $5k per oz. minimum.

Gold is the money of kings
Silver is the money of gentlemen
Barter is the money of peasants
Debt is the money of slaves
Crypto is the money of fools

>>18154294
You are kind of right but kind of wrong. Silver at 100$ Is probably correct.....but in today’s dollars that’s just a mere 5x.... which is nothing. So say you have 300 ounces and it goes to 100$. That’s 30k.... big deal.... that’s nothing. But it isn’t nothing.... because with the subsequent deflationary collapse of all asset prices that “30k” in silver will be the equivalent of having 30k in like 1940 or 1910 or something. It’ll literally be like 15 years worth of days wages historically

>>18152727
Silver is also a monetary metal. Most silver production comes from base metal mining dumb dumb.

>>18154461
Bitcoin is like religion. There are thousands of shit coins but *mine* is the one with inherent value

My only question is do I buy more silver for drop this 3k on some mining etf's or other stocks. More silver is the safe bet, maybe grab 2 oz of gold but some etf's wouldnt be a bad bet just need to figure out which ones.

>>18152304
It will.
This is just the start.
Wait till the serious printing starts.

>>18152376
>But since most of these paper holders are the Jewish Banks who use it to keep the price of silver as low as they can, it won't happen.
Why would they do that? Easy, they're not done accumulating
I don't understand how people can demonstrate they understand that this is what is going on and still buy the shiny rock thinking they will outmaneuver the international banking cartel when SHTF. They control the price and supply. It will never be in your favor when it counts, ever. They will get theirs and you will get fucked.

>>18153652
Yes

>>18152304
>doesn’t realize it’s coin dealers telling him to buy gold and silver during crisis

>>18153832
>reading jewish economists' weasel shit

Silver chads, I am not planning on selling my current $10k stack. unless it moons. Going to just buy around $1k minted coins every year. In 50 years I can pass onto my kids what will either be $60k if price continues to just be an inflation hedge, possibly more if I manage to get lucky and pick a few coins that gain collectors value. Or hopefully if silver bug dream comes true it will be a family fortune.

This smart?

Because people need liquidity right now.

>>18154224
yes?

>>18154622
1/2 gold, 1/4silver, 1/8 NEM, 1/8 GOLD

>>18152304

Because paper gold and silver were dumped because people wanted cash to purchase puts and buy the dip. Physical metal prices have decouple from paper, though some idiots are still selling physical precious metals at the paper price.

>>18154622
If you can handle the volatility, 4 troy ounces of platinum.

>>18154622
Dude with 3k don’t even fuck around. I could see if you had 30k but lock that 3k with 150 ounces

>>18154622
>etfs wouldnt be a bad idea
Yeah, okay bro. Sounds like you enjoy losing $.
Your time to buy any of those things was a week ago, not the upcoming weeks. Youre best off buying PMs (probably mostly gold, as silver price will likely decrease over time) as these will hold your value better than just cash.
However, buying any assortment of PMs is likely better than buying ETFs.
If you need to gamble; buy bitcoin.

>>18155254
Lol you sound like some boomer in the 80’s when things were relatively ok. The dollar is fucked dude. The happening is now. You are already set.

Im a buyer at $25 for ASEs all day. Got any?

>>18156216
Rate my stack

>>18156247
How many you currently got how many you looking to buy

>>18156253
1/10 m8
R8 mine pls :^)

>>18156201
I have 320 oz already but this 3k is from selling some vintage ps2 games I dont play anymore and I can either get more silver, an RTX 2080 TI GPU or try some etfs for potential big gains down the line. I dont mind if it goes into the toilet.

>>18156216
>was a week ago
which ones did I miss out on

>>18154148
I'm in both atm--knowing full well that paper is shit. Just have to time the exit right. I'm betting normies flood into SLV and GLD right before then end and that will be my signal to sell.

>>18156319
What’s that about 300 ounces?

>>18156324
Oh ok then don’t sweat it. Your already going to the future with 320 ounces. Take the last 3k and buy whores

>>18152304
All the stores selling silver goods were deemed non essential. Like silverware and shit. I like gold though not really silver.

>>18154991
>are we supposed to go out and mine for the metal ourselves or maybe buy directly from the miners? Dealers are middlemen providing a service so that we can exchange our FIAT currencies for real money.

>>18156224
I already fomo'd 2 more oz of gold.

I only in PM cash and crypto (cold storage with an open large low leveraged short that will profit exactly what my cold storage lost if it crashes.)

I have 18 months living expenses worth of cash. If I bought any more PM its coming out of that. What timeframe is this going to play out on? I doubt it would be quick enough to wipe out my cash before I see writing on the wall and be able to get out in time. I am ahead of 99% of normies, I build my stack last year in prep for this.

>>18156395
Fair enough then. If you already have both your good

>>18156573
How much silver and how much gold you have right now and what is your 18 month cash savings number?

muh fuggin dubloons and shiet

>>18156253
Faggot actually saved it

>>18156324
ETFs desu.

>>18156253
What the hell am i looking at? Poorly shaven dickless torso?

>>18156825
any suggestions or tips, I have in mind based off past threads

>>18152304
Here's nice vid.
https://www.youtube.com/watch?v=P5E4OI-0vEw

>>18156417
Its ~340toz
Theres also about 3toz of gold in the small charms box. Glad i was able to hop on this recent drop, before dealers were able to permanently jack up premiums

>>18156630
5oz gold 400oz silver, most bank grade vault (owned by parents business which has armed guards and located in small city) Some in my own safe

25K USD in AUD Aussie bank, 10K USD in physical AUD, 5K physical USD,YEN and CFH. (If uni closes then I move back home and I pay nothing in living, luckily my family has alot of property and cash flow, worst case my grandparents on both sides own big farms we can retreat to)

Please R8 me if you are actually experienced. Im only 20 and have no idea if I am being autistic or not.

>>18156955
>21 mins
quick rundown? are coin shops even open during the lockdown?

>>18152304
silver is in high demand for use in manufacturing. when all manufacturing shuts down the demand will decrease. even with miners off.

>>18157341
>when all manufacturing shuts down
that hasn't happened yet on a large scale, and so far only shutdowns in factories that had too many people, or if they had infected people. it's also possible this whole thing is a giant hoax to hurt the economy and provide cover for real systemic financial default issues.

>>18152458
US of A

>>18152304
Unification is the real safe haven. See UND / BTC

>>18156890
Check out jung

>>18156890
I would hold off till mid April and then go all in with that 3k. Worst scenario you lose it best case you have yourself 30k.

>>18157415
You mean JNUG right? I have some.

>>18157463
Why wait until mid April?

>>18157479
Once news breaks that quarantine is exceeding the time initially given you’ll see a significant drop in price.

>>18155254
This is the best way.

>>18157496
Some of the etfs im interested in are extremely low already, I could wait a couple weeks though and collect more money in the mean time.

>>18157324
>crazy high premiums
>he's scrounging up anything he can find to sell
>No one is selling. only buying
>he doesn't expect the price to come down again.
>shorter shop hours
>they banter about the virus and random stuff

It's just a couple coin bros shootin' the shit. More of a comfy tv show, than actual new information.

>>18157031
Your fine with 400 ounces of silver and 5 ounces of gold. Maybe spend 5k of that 25k to get up to 8 ounces of gold. But don’t sweat it you are fine

>>18155254
would also need to edumacate your keedz so they fully embrace, appreciate and know the value of silver. otherwise they'll just sell it all at the local pawn shop for tree fiddy an oz when you die and it will be all for nuffin. i carry some pretty stupid genes in me so i don't plan to have kids, if i die my silver goes with me...

>>18152988
no one likes silvertowne though.

silver american eagles or bust
anything is fucking junk at this point

>>18157836
>larper with zero actual stacks
Okay bro

>>18156455
>thinks he can use gold and silver to get food and water during an economic collapse

>>18157911
>thinks he is going to be the first person in 5,000 years to turn away gold for food and water during an economic collapse.

When your precious FIAT dies and gold is money again...good luck trading your canned soup for rent or mortgage.

>>18157815
False.

>>18157815
why? i literally sold a 10oz bar at a lcs like a month ago no problem

If I buy some of these and shove them up my ass would the silver kill all my gut bacteria?

See the silver history price in 2008 and you'll know

>90oz of silver
How fucked am I?

>>18157911
By that logic then fucking nothing other than supplies/labor would be of any value. If money means nothing and gold/silver mean nothing, what the fuck else would have any 'intrinsic value'?

>>18152451
If you're in it for the short term then do this. Long term you want to hold physical.

>>18158429
You're gonna need at least a 100 oz bar

I don’t know about you all... but this is the first time since college since I’ve felt alive. I have lots of silver and been waiting for this to happen for 5 years. The point where 1 silver Roosevelt dime buys me a blowjob from a formerly well to do housewife and her 18 year old daughter at the same time. I’ve been waiting in the shadows laughing at these cuck husbands who buy their wives range rovers instead of buying silver bullion... knowing that I’ll be face fucking their wives mouths for the 1.30$ it cost me to buy that silver dime.

Just yesterday at Whole Foods I seamlessly entered a conversation with a roastie milf with a ring about corona in the water aisle... and I said it’s a cover for trump to bring us on a gold standard. She was looking at me in amazement like she wanted me to paint her lips in cum. At the end of the conversation I’m like take my number l, have plenty of protection and freeze dried food if you ever need it and she took it from me.

>>18159527
Kek, silver copy pasta. Now I've seen everything.

>>18152304
As you can see, the massive engineered drop in paper silver prices versus the massively higher physical silver prices for the past month backfired on the bullion banks, as it led to a frenzy of clients asking for physical delivery, whereas in the past, bankers had been able to chase client long positions out of the market without ever being on the hook for physical delivery. Thus the amount of contracts stopped versus issued for clients was nearly break even for silver futures contracts, a pattern I have not witnessed in a long time during a banker raid on paper silver prices. And in regard to house accounts, under past similar circumstances, I had always observed JP Morgan bankers taking a tremendous amount of physical silver delivery during engineered collapses in paper silver prices. However, during the last four months, this situation did not materialize, perhaps due to the stress on physical stores of silver created by so many clients asking for physical delivery. As you can see in the data I complied above, this time around, JP Morgan bankers were nearly absent in taking physical silver delivery for their house account. In fact, for the bullion bank house accounts, the amount of stopped versus issued contracts, net, was only 74 contracts, or a mere 395,000 AgOzs for their House accounts. As a basis of comparison, during similarly engineered collapses in paper silver prices in the past, JP Morgan alone was able to accumulate and take delivery of many millions of physical silver ounces.

>>18156319
I really like the 10oz coins. THat shits dope as fuck.

holding a bar of silver in my hand makes me feel good. that's all that matters. fake&gay spot price, getting digitally mogged by other anon's bigger stacks, past regrets about not buying more. oh well. live and learn

>>18160188
Basically, there is no silver or gold where they say it is and it's got fuck all to do with some refiners in cholocateland shut down. Silver is heading to $8/oz.

>>18160206
There is still one more good opportunity in the next few months but you will still pay premium. If you are weak on that carry you can sell in a year or two after. If you want to wait it our you'll need to carry it till 2030+ so cash you drop on it you need to not need. Of course if you are a traded you think sell in a year or two and come back after when it hits a low and wait so you maximise the trade. For phyz I wouldn't do that – only paper. It's up to you. I think 100oz for every family member is a good figure to start but really 1,000oz each is a figure of comfort. You don't need 100,000oz.

>>18156253
how did you get through highschool with that mess

>>18152376
i thought the whole point of silver was that the central banks didn't own any
lol

>>18160274
Putin is stacking gold and silver at 1:1. lolbbqwtf
lol

>>18153727
They can get the estimated value of the package, and if it's thousands of dollars in a tiny fucking Class 1 Box, even a dumb nigger can add 2 and 2 together.

>>18157911
So, what will you get your food and water with, when the currency becomes worthless?

1oz of silver is selling it for $36 at my store. Is this ripoff??

1oz silver coin for $36 2oz of silver coin for $60 too much premium?? How much are the prices for 1oz right now??

>>18152497
>people who hold physical
Will have a nice paper weight.

>>18161736
Imagine being poor when you can buy silver to hodl. Lay off the switch games and you can buy some.

Any aus fags preordering your precious metals here?

I can't imagine what is going to happen to the spot price when long term investers take the bags from the short term traders.

What’s the best deal for 10-20 oz coins/bars online in the US. I’ve found around 18$/oz for 10 oz bars with a long wait time on PG&G. Got any leads ?

>>18161651
No, a month from now it's gonna be $60.

>>18158889
>what the fuck else would have any 'intrinsic value'?
food and water you dumb fuck lmao don't forget to breathe
the only reason gold/silver is ever worth anything during times of turmoil is because people ship them OUT of the area undergoing a shitstorm and give people inside the shitstorm a shit rate
if a shitstorm engulfs everything, nobody will want gold/silver, they'll want food, water, seeds, filters, weapons & ammunition, medicine, etc

>>18161664
Auctions between PM owners (not dealers) are going anywhere from $20-30/oz depending on form. 1oz coins that aren't gay are going for $30+ But, most auctions are small quantities. NO ONE is selling 100oz+ lots at the moment though this will obviously change. In 2017 there where some auctions of 10,000+ oz at around or even below spot but admittedly those were all LARGE bars. Coins always got premium even on secondary markets but not so much for bars.

>>18161778
Absolutely not. If the price goes crazy your order will not be filled and if it drops like a rock you are going to get fucked. Most likely price will drop like a rock. The biggest problem are the dealers are and will try to make money from crazy spreads going forward and from turning allocated pools into physical. Up to you but if it's not in your hand it's fake and gay. This will wreck their customer base and I think in the coming couple years a lot of dealers will go bye bye. Also, I never thought I'd see the day but even 400oz gold bars are on pre-order now in all of Oz. No idea who bought up all the 400oz but I suppose it's not locals. Locals with that sort of money don't buy 400oz bars. I assume it was foreign buying.

It's supposed to moon when USD undergoes inflation.

Too bad that right now USD is undergoing a deflationary death spiral.

what about copper

>>18161806
wait a couple months to buy. don't pre-order. pre-order is gay.

>>18161902
gold and silver will track USD at some point (i.e. when going up). This will signal a real bull market. It's going to benefit holders outside the US a lot more than inside.

>>18161890
idk I am preordering with ABC bullion. If they fail basically all the brokers in australia except Perth mint will fail.

>>18152339
really? i ordered a few asahi 10oz bars and got one of the newer matte bars and the rest were the shiny serialized bars, want to sell off the matte bar.

>>18156319

I have always thought coins are for faggots. Buy bars like a real man

>>18152339
If you’re in the UK, I have over 1000 1oz silver Britainia to sell you. link@localchainlink.com

>>18152304
>Wasn't it supposed to moon during a crisis like this?
Any decade now...

>>18162096
Lets measure the DOW compared to gold rather then Fiat

in January 2000 the DOW was around 11000 points and gold was around 280

11000 / 280 = 39.2

So it took 39 ounces of gold to buy the dow in 2000

Now lets look at todays numbers.

The dow is around 21500~

Gold is around 1626

21500 / 1626 = 13.2

Today it takes 13 ounces of gold to buy the dow.

So in real value the DOW is worth -

13 / 39 = 0.334

33.4% of it's gold value today then it was worth in 2000, in other words the dow has lost 66% of it's gold value since 2000, that's a 20+ year bear market in the dow compared to gold and yet nobody notices since the government and the financial elites have kicked the inevitable correction down the road for decades.

However I fear that they can no longer kick the can down the road and that we are standing on the precipace of the worst economic depression since the great depression.

The depression may result in the breakdown of international trade, global unrest not seen since the 30's and perhaps even nuclear war.

But atleast it makes a good background lore for our future cyberpunk dystopia am I right guys?

Do you all buy your stuff online? I used to but now it feels worth it to buy local to have the cash option even if it does come with a mark up. JM and APMEX do have great deals though...

>>18162204
JM and APMEX are absolutely raping people on premiums right now. Fuck them!

>>18162221
Why? How much is it per 1 oz?

>>18162363
>>18162221
You can get generic as low as arount 17.50. Which isn't horrible that's about where prices were a month ago prior to the crash. Only problem is it comes into stock very quickly, then sells out quickly. Yesterday JM had some generic 1 oz bars in, I wanted to buy but gotta wait until the 1st sadly.

>>18157031
How do you have that much when you are only 20?

>>18162485
Literally misses the part where he says his parents are well off.

>>18162184
>mental gymnastics in a fiat world
Maybe in a parallel universe, bro.
Also
>just hold a few decades

>>18162734
>Mental gymnastics
It's hard mathematics that the dow is only worth 33% of it's gold value in 2000.

Which gold coins do you guys like? Was thinking of getting a .5 or .25 Golden Roo since they have nice designs and metal purity.

>>18162771
First of all dipshit, "the Dow", the Dow Jones Industrial Average is measured in points and not in dollars. It is not something you can buy per se.
Secondly the composition of the DJIA has changed significantly from the year 2000 to today so your Gold / DJIA comparison - which is bullshit in the first place - in comparing something that has remained the same (one ounce of gold) to something that has changed its state several time over the years yet calling it a fair comparison.
As I said: mental gymnastics

Trying to hop on the late train. How much are the 1oz gold nowadays?

>>18162840
Never mind the stock market. Eventually this level of fiat money printing will fail. It fails any state that has tried it. The debt accumulated against the American people was never consented to, nor are Americans educated on central banking. It may not be this year but eventually the dollar will collapse or become so undervalued you will be using it as shit paper. This is inevitable

>>18152304
is there real market price data for silver over the last decade or so?
going by ebay auction its about 3x spot right now, was this approx. always the case?

>>18163170
>The debt accumulated against the American
Yes they have. Carelessness, apathy and disinterest is perfect exercise of free will.
Widely misundersood. 99%+ of humanity get F.I.T.A. by this.
>nor are Americans educated on central banking
No one is as economics and finance are little more than man made doctrines of preferred human behaviour which rules and boundaries can be changed on a whim by those who enforce it.
>It may not be this year but eventually the dollar will collapse or become so undervalued you will be using it as shit paper.
In other words this means that we will be forcefully transitioned into another system of transaction and finance that we will have zero say over once again. And yeah, dollar bills could end up as toilet paper or things in a souvenir or anitque shop. "The Dollar" however will just morph in shape and definition. It's a fluid system. The enforcers will not stop enforcing, too.
>This is inevitable
Probably, yeah...

>>18161864
Land, as simple as that

What can a burger with 90 oz. silver and a rifle expect? Will I make it?

>>18163016
You can find some in the low $1800 range an ounce right now

>>18163449
Do I need to buy branded gold coins? Or any gold coin is okay? I saw that "perth mint" is standard for silver idk about gold

>>18157795
whats the point of that

>>18162840
You fucking retard.

>>18163328
To give you the level or full retard that's habbened 1oz gay bullion coin has sold out at $65AUD from ABC Bullion has sold out. If you want they still have 20g PAMP bars for $120AUD. Secondary markets are trading much lower though thin. If a big swining dick came in it would freeze those markets and make the shortage worse.

>>18164069

>>18164232
You are a fucking retard. No need to make an argument about it fuck salad.

>>18161890
Asian boomers with a ton of money brought them. Just like with our real estate...

>>18164267
>You are a fucking retard. No need to make an argument about it fuck salad.

New to this. Why is there not a single gold bar or silver bar in stock on JM Bullion? Are they always out of stock? The coins don't really interest me

>>18164423
hes right you know
nothing you posted was relevant or cocherent
so nothing to disprove!

>>18164972
lol i meant coherent

>>18164859
demand for physical gold went up >10x
german gold sellers now use to only sell gold when they have it in stock
they are constantly rebuying from their distributors but cant guarantee shipments not getting confiscated/lost on the way to them
so its like watching a movie in slow motion when u begin to see the individual images

>>18164993
What kind of movie is playing out? Not sure I understand

>>18165057
its an metaphor you dummy. He means that when things are normal gold vendors always have gold in stock because they get shipments more frequently. But now that shipments are coming less and less often you see their stock fluctuation.

>>18165154
Yea dude
>german gold sellers now uses to only sell gold
is proper english and really makes a lot of sense. Truly I am the dummy

>>18158739
Worry not just have hands of steel, Prepare for a bear trap at $50

>>18164859
This isn’t about what is interesting it’s an investment, coins are king

>>18165414
haha fair enough

was looking on ebay where physical silver is selling for a lot higher than spot. I'm tempted to dump my remaining silver selling to idiot silverbugs on ebay.

problem is I don't have a printer so can't print shipping labels. Normally I just print shit at work but our office is closed.

>>18152304
Because silver production is monopolized and the price of silver isn't dictated by the market.

>>18165705
>I'm tempted to dump my remaining silver selling to idiot silverbugs on ebay.

Do it. Sell your tickets.

>>18152498
FedEx is the worst when it comes to stealing packages. JM bullion sent by USPS and I received it a few days later in a discreet package

>>18152304
It did, the dollar deflated as trillions of USD were taken out of circulation overnight, gold went up 50% but USD simultaneously went up 100%

>>18165740
>order 4 rolls of ASE's
>ships in small usps priority flat rate box
>small and heavy as fuck
>pick it up at post office
>anon that brings it out for me "man this little guy is heavy! what do you have in here, a bar of gold!"
>take package and leave

they are figuring it out

>>18154461
>tfw gentlemen peasant

>>18164993
It might be more than ten times – dealers got cleared out in less than a week of the best stock. The whole fucked up scenario is playing out because about 1,400,000oz of gold is demanded for delivery. COMEX and London Vaults are meant to have 280,000,000oz+. Now you can see how fake and gay everything is. There is meant to be 100,000,000oz+ of production a year. However a lot of that is actually a byproduct of other base metal mining (same with silver... even more-so). How can this happen? It's obvious as fuck that those gold bars got loaned out and are never going to be returned and that the bulk of it is in China via Switzerland.

>>18165705
imagine being this retarded that you can't sell your trash silver because you're such a nog cheapskate you don't have a $30 printer at home. fucking lmao at the state of shills.

It is important to suppress the price so that investors who insist on having physical bullion are dissuaded from thinking it is a good investment. this is done by selling into the PM Fix to counter the rise in the price that occurs in the physical markets of Asia. This is exactly the same tactics as employed by the London Gold Pool of the 1960’s.

The large bullion banks, most notably JPMorgan Chase and HSBC, sell short on the Comex inviting other commercials to join in the short selling binge to create frequent waterfall drops that wipe out speculators and serve as a cold shower for those who are bold enough to make leveraged bets that gold prices will rise

Since the paper gold and silver market were introduced it has been essential that prices are suppressed for the public to keep believing in the whole fiat money thing. now that the cats out of the bag that there is not enough physical it will be interesting to see if they can continue to supress price

>>18165770
Ship 5kg at a time -and just say it's car parts for a 1988 Nissan.

>>18152304
what did an ounce of silver buy you back in the olden days? I want to know for when we return to the mean

I estimate that 45 ounces of gold have been sold in unallocated accounts for every one ounce that exists in the vaults. When just a fraction of these investors ask for their gold there will be a run on the bullion banks of epic proportions. When 45 claims go looking for one ounce of physical gold the rise in bullion prices will be breathtaking.

>>18166006
It's much worse than that.

>>18165770
Car parts bro

>>18156324
>vintage ps2 games
You do realize millenials will become the next boomers collecting these games? If they're at least classic or rare you shouldve kept them and charged higher prices in the next 10 years. Handhelds and older ps1 and ps2 games will be crazy valuable I think in the coming years. Especially obscure horror titles.

>>18166006
Shortages in gold and silver combined with low oil prices will make the mining industry the best performing sector within the next 5 years

>>18166285
disc rot is will kick in soon enough, i still have some prized copies for myself to keep anyway and have moved to emulation. I dont disagree though.

>>18166335
any tips on who will do well

>>18158699
Massive moon coming in the next years?

>>18166901
Silver confirmed for $100 2022

>>18152304
Banks don't want your silver except at discount.

>>18152376
>Don't be surprised with $100/oz in a few months
cope

>>18161736
based

>>18166901
what caused overvaluation in 2011?

>>18152304
>thinks the CNBC price is the real price i\of physical
It did retard you believe the Comex paper price on CNBC
Go try and buy some them

>>18168795
2008

>>18166006
The entire idea of paper gold and silver is kike trash. I cant wait to see jews get BTFO when their fake ass pumped to hell markets get absolutely fucked sideways.

>>18166901
Any potential mooning event was seriously delayed by the Coronachan dump. Before the dump, silver was looking alright, but it needed to stay over the resistances it had just breached. However, after the dump it's well under those same resistances, so it's going to take a lot of time to get silver in a position where it can have a long bull run again.

>>18166449
>disc rot
literally had no clue this was a thing desu, I must be a brainlet thanks for the tip

>>18152988
Thats STILL 30% over spot price unless you buy $1000 dollars worth.

>>18165956
For a long time, one ounce silver was either 1 or 2 weeks wages (I forget which), but that's like semi-ancient times.

>>18161651
yes

>>18161904
$5000 a tonne and probably falling.

>>18165705
eBay charges right around 13% for their cut plus whatever it costs to ship. Idk how you think you're gonna turn a profit.

>>18156253
shitty rednigger rounds, and fat southern med looking mutt

>>18169272
Make new accounts, get people to contact you with email etc then withdraw the auctions, duh.

Another method, sell a single coin, then offer them more at the same price, so you only pay commission on one item.

>>18169272
10% ebay plus 3% for paypal on top of the jew shipping prices and extremely buyer biased resolution team that will fuck a seller over in a return case no matter how much evidence the seller has he is in the correct. So prepare to be accused of selling fake silver and sending a refund.

>>18161987
Yes ABC are one of the last producers and refiners in the world still standing.

I just bought a shit load of half kilo bricks they will be delivering in a couple weeks.

>>18162096
It's literally going parabolic in every currency. Every Australian who bought gold to hold in 1990, 2000 or 2010 would NOT regret it.

>>18169272
i would never sell anything high dollar like silver on ebay. ebay is pro-buyer anti-seller and will let you get scammed 10/10 times by buyer thieves and force you to foot the losses.

So far

>>18154294
This cheered me up. Thanks anon
The fear of potentially not being able to graduate college this year in addition to breaking nofap had me down in the dumps.
5$k per oz. That's gonna be fascinating

>>18171482
What is that like 500 oz? Pretty nice

>>18154294
5k for ounce of gold or silver?

>>18165740
Both USPS and FedEx are swarming with Third World and black criminal delivery people. I once had a USPS mailman forge my signature fir a metals delivery, the lazy asshole placed the shipment in my mailbox.

>>18156253
That was funny the first 30 times that was posted.

>>18172099
Gold most likely. I reckon $30 silver (paper) and maybe $40 street price by 2030.

>>18172917
Silver will be $100+ this year

>>18173006
It will easier to go higher than $100 but maybe not within this year

>>18173006
>>18173028
I hope so that'd be really swell for me, but I am using a medium mix of conservative/hope in my estimate.

I agree that since we are in unprecedented times, there is a good opportunity for an upswing.

I believe gold will hold strong and coast into the $2500-$3000 range, but platinum will be the one to watch. I expect platinum to at least double.

>>18173138
So you would sell silver around $100? I think it's a tricky thing, because the more it's worth, the less I want to sell my stacklet. It's only a matter of time until gold goes that way, and who knows about platinum because wtf is platinum anyway lol

>>18154554
Stopped by the bitcoin reddit, they are legit a cult. Maybe all reddits are like that, but IF you saw a negative comment about bitcoin it was all negative. If someone wants you to buy and hold bitcoin or some other shitcoin its because they want the value of their shitcoins to go up, hoping to sell to someother retard at a higher price. Early adopters of bitcoin are the only big winners and people are still chasing their dream.

What about decent stock picks? Im liking JNUG. GORO. Hecla and First Majestic. Lot of other nice choices but im just not too sure honestly.

>>18172917
street price is already $30 here in CAD, we won't need to wait a decade.

>>18173241
I don't know. I probably would sell some. Ideally my stack would be similar to the mining ratio. I like platinum because it is inherently rarer than gold, and it is used in industry so I anticipate a bull run similar to palladium once catalytic converters are switched to platinum due to the expensive cost of palladium.

>>18154461
What if you buy btc with loans?

>>18173427
I'm also a canuck stacker. If you check here you can get silver for $27/oz. I don't know how long it will last at that price. I managed to get mine delivered within 24h because they aren't subject to the 20+ day wait time.


https://silvergoldbull.ca/1-oz-2019-weiner-neustadt-825th-austrian-mint-anniversary-silver-coin?___store=canada

>>18173440
I'll probably get buried with mine. Yes, if you're in an area with trucks that need cat converters, now is the time to get a hacksaw and go chop them out while the trucks aren't rolling, I think you can get like $1k per converter

>>18173526
That's crazy that's worth more than the truck itself

>>18173468
My bad looks like they sold out in the last couple hours since I re-ordered

>>18173468
Thanks, I already have enough though, started buying in 2015.

I've been loading up on a few random silver/gold stocks with the recent crash. Physical PMs haven't been on sale in real terms due to the high premiums but producers were on fire sale so that's where I'll allocate some $$.

>>18173605
>silver/gold stocks
Which ones

>>18173526
So you’re saying there’s treasure when we did you up

>>18173621
I picked these at random and did zero research on these:

First Majestic Silver
First Mining Gold
GFG Resources
K92 Mining

Also have shares of Goldmoney INC stock

>>18173605
Suicide stack?

>>18173006
Please fren stop fuddin silver.

-Daily reminder the mined silver to gold ratio is 1:9.
-Daily reminder there are 70K tons of silver above ground and 180K tons of gold.
-Daily reminder there are 88 ounces of paper gold created&traded on the COMEX for each ounce of gold mined.
-Daily reminder there are 192 ounce of paper silver for each oz mined, which make silver the most artificially price-suppressed asset on the planet.
-Daily reminder the current gold:silver ratio is 1:120.
-Daily reminder out of the 860Moz of silver mined each year, 660M are consumed and destroyed by industrial uses. This number is constantly going up while there is less silver extracted from the ground each passing year.
-Daily reminder it's estimated 90% of the silver supply worldwide alrdy have been mined.
-Daily reminder silver is will be soon used for a new class of superconductor. It also exhibits the highest electrical conductivity, thermal conductivity, and reflectivity of any metal on earth, and it also have the weird and unique particularity of being an antimicrobal and antifungal which make it a vital component in anything related to water filtration and purification, electronics, space, green energies, batteries,... everything needed in the 21th century.
-Daily reminder JPMorgan, the world's most valuable bank by market capitalization and biggest bank in the US, have one of his ex chief trader who left and became a whistleblower. His revelations? The bank have been accumulating huge amount of physical silver in secret since the 2008 crisis. It's the only physical asset the bank ever stockpilled since it's creation in 1799. They never publicly disclosed this info nor ever sold a single ounce of physical since they started this operation.

Pick related will be (you) in few months whenever a silver coin ""accidentally"" drop from your pocket.

>>18173852
How many oz to make it anon

>>18173719
you really bought stock at random with no research?

>>18173909
Based

>>18173898
30oz is the gnm stack.
Between 101-300oz you have a harem of 16yo asian lolis and a nuclear aircraft carrier transformed in yatch.
Between 101-300oz you become a sultan with a kingdom the size of nevada.
Above 300oz you become an illuminati and you basically control the world alongside the 13 families of the black nobility

>>18173999
between 31-100oz* for the aircraft carrier

>>18173999
checked and based, aircraft carrier with personal harem here I come

>>18173999
isn't 30 oz kilo of silver?
That's only like one bar.

also what does gnm mean?

>>18174135
GonNa Make it

How fucked are the kids who want to stack once they get jobs in 5-10 years? If gold hits $10,000/oz and silver hits $100/oz will they be able to afford it?

>>18173909
Yes. In the short term it fundamentals don't seem to matter.

>>18174160
A single video game is like $60, another $40 if you want (((essential DLC))) aka locked content already in the game.

>>18174160
Well if a gold standard is reintroduced silver & gold are no longer investments but rather a store of value, they won't gain value anymore.

>>18174181
How much did you put in anon? 5 grand? 20? 1k?

>>18174211
Tree fiddy

>>18174211
Put roughly $25k in the random miners and have about 7000 shares of goldmoney from last year

>>18174208
Do people think that actually will happen?

>>18174208
What a hideous kike.

>>18174248
Why the fuck are you buying mining stock, tard? The mines are closed and won't be open for a while. Moreover, if the shit hits the fan the gold mines will be nationalized FDR-style. You will lose all you money.

>>18173639
Can't confirm how much, but I used to be a truck drive and I seem to remember they're $1k each. Not all places have them, Cali does, in my location the exhaust just pumps out unfiltered,

>>18162808
If you like a certain design there is no reason to not buy one coin, but any subsequent ones would look the same.
You should buy the coin that is the easiest to sell where you live.
Pure gold coins are very soft, and never should leave their tubes or capsules.
Alloyed coins, like the American Gold Eagle, are harder, but the copper used in them might make the coins become reddish over time.
Silver coins can become black. The metal is still there, but... again, leaving them inside the packaging may avoid this.
What else I forgot... oh yes.
>>18162056
>I have always thought coins are for faggots. Buy bars like a real man
Bars have their value, but here is the deal with the coins: they have a known look, and can be sold without being destroyed to be assailed (to check if the bars are really made of precious metals), a process that has a cost and may eat up to 25% of the value.
If things went south, it would be way harder to sell bars that could be made of anything.
If you want to buy bars, ask the seller if and how you can sell them back.

>>18174283
I have enough physical metal and cash already, where else am I going to park it? May as well make a bet somewhere.
Your FUD is exactly why I could buy mining stocks at a 60% discount.

>>18174307
Replying to myself, according to google a dodge ram cat converter has over $3k in platinum in it.

>>18163514
The government minted coins are always easier to resell, read >>18174322.

>>18163686
Obviously, for the stack to be taken by the government because there are no heirs.
>>18157795
At least set up a will to donate your stack to a charity after you die.

For sale

>>18174208
When they are put on the standard they will revalue Gold to most like anywhere from $15k to $100k an ounce and silver in the thousands range

>>18174283
>The mines are closed and won't be open for a while
Doesnt that make now the best time to buy? While its cheap and everyone pulled out? Mines will have to open one day, PM's will have a huge demand and a very short supply, and oil mining companies use will be very cheap for them to buy and run their operations.

>>18174443
Let us know if it sells, seems high still.

If possible go to the coin shop to buy, and never use shipments. Here is why: so, somebody stole your precious metals shipment and you were refunded by insurance. Okay, but there is a catch: the person that stole your package has your address, where your stack and your family are waiting...

>>18174443
Holy shit that's high.

>>18171482
at this point i would invest in a treasure chest to keep it all in

>>18174593
And bury it.

>>18174506
>mfw ive sold about six bars so far.
>also have the ten ounce maple coin, sell for 550, two sold

>mfw i order it from the bank and resell it for a huge markup

>>18174647
what bank? your bank sells silver?

>>18174471
This in not the bottom. Good luck catching the falling knife.

>>18174735
Never said it was the bottom.

>>18152304
>Wasn't it supposed to moon
Forget everything you think you know about what is “supposed” to happen

>>18174647
Damn man, good work.

>>18174160
You forgot a 0 for the silver price

>>18174893
Based

>>18174722
ive already said to much.

are you interesting in purchasing silver?
i have some bars you may be interested in

>>18174873
most people ive met are boomers. have no idea you can purchase metals online. to be fair, their dealer has no stock, and most dealers online have no stock or delayed shipments. I found a source that takes 3 business days to receive.

>>18175019
Poast link now

>>18173999
c-checked
>30 is gnm
tfw 20 oz ;_;

I'll buy your silver.

>>18168940
Give it time. Once the market starts to adjust to this new price range the sale prices will go back down.

>>18175019
That source is retarded for not advertising

>>18175148
nigger
>>18175368
im sure its advertised, its just not advertised here

>>18175368
Usa fags buy from here
Buy bullion at spot for first time buyers $166 1/10oz eagles
Nationwidecoins.com

>>18173999
Tips of truth

>>18175002
no ive just never heard of a bank that sells silver. im assuming you are in a foreign country

>>18175497
Sounds like a scam but thanks for the tip anyway.

>>18175599
CAD

>>18175613
https://youtu.be/7K1XGhosE3A

This guy recommended it apparently he had luck with them

>>18175620
yeah im american. our banks dont sell silver, im surprised yours does

>>18175620
>>18175599
Don't all Canadian banks sell metals?

>>18175980
yes

>>18176085
>>18176085
im a toronto fag please tell me what fucking bank it is. cibc shows some prices and they are actually pretty good for gold but no good silver prices like youre describing. I just want to buy for my own stack not to sell on kijiji and take your market bud

>>18176295
see
>>18175002

>>18173999

300 oz??? Kek
I've been buying 300oz a week for 7 years

>>18176528
You have way too much. You don’t need much silver at all to make it

>>18176599
I'm "making it" now
I want pic related

>>18176528
That's over 3 tonnes of silver.

>>18176756
ok...about half that

>>18176664
She will spend most of your treasure then take half of the remains.

>>18175497
BBB has scam ratings written all over it. Don’t risk it

>>18173999

based on what??

I'm new to stacking what should i get help

nuMetal fag here. I heard that silver's price is low but is sold out every where. Does that mean its a bad time to buy and should I wait for everyone to stop panicking? When they dump their silver once they realize there won't be an apocalypse full of zombies. Buy silver at lower price? Thoughts?

>>18177199
Lurk moar

>>18169715
Australia is baste since we have everything we need to mine and mint precious metals right here in our nation.

Even if we enter depression I think in a decade we will recover stronger then ever.

>>18177199
That's basically the meme, but it's unpredictable.

>>18176528
>>18176808
kek your going to be able to fund a private army

>>18176987
that's ok with me

>>18177319
Thanks fren.

>>18176295
TD precious metals is the website he orders from.
I do the same, and the prices are typically comparable to a LCS.
Free shipping after $100CAD decent stock of silver, too.
Ordered a 1/4toz gold coin on wednesday; itll be here tomorrow.

>>18177199
You can find silver now although the premiums over spot are going to be high. I would also recommend checking coin shops because the premiums online are so high your coin shops might actually have lower premiums for once. Basically if you’re paying 17.50 to 18 an ounce you’re not doing too bad. As it’s almost guaranteed to reach that value eventually. With some likelihood of it ballooning passed it in a few years. Silver is fun and it’s an easy investment that you don’t have to think about a lot so just enjoy collecting

>>18177327
Imagine the fight among the army members, after they kill him, for the silver hoard.

https://rashbel.com/sale-c-287/sale-sterling-silver-round-wire-and-sheets-c-3243/

>16 bucks an ounce
Downside it's in sheets or wire