/biz/ - Business & Finance

>>18226473

2020-03-31

>>18226490

2020-04-01


Paper spot price ain't mean shit

Bulls win
Go green
Usa usa usa

You cant beat usa

Kinsa shows huge decline in fevers in their healthmap over last 7days

Its not bad outside ny

>>18226508
Yep everyone knows its one giant scam that will probably never be stopped in our life times.

>>18226586
>never be stopped in our life times
you mean this year. Petrodollar died today. Hyperinflation is in motion.

Imagine being that guy who didn't have 5-10% coverage in physical g/s
You were literally told for most of the decade the paper prices are rigged low and real supply is short

>>18226842
several posters on here already confirmed this is the bottom, what do you not understand

Savanon, when are your picks going to pay off?

>>18226848
>You were literally told for most of the decade the paper prices are rigged low and real supply is short
Hopefully I wasn't too late in covering my extended position. I got complacent. But I was all the way up into 20% at one point.

>>18226776
Based

>>18225068
Just ordered one last night.

>>18226184
Egay fool. Idgaf about the premium either

>>18226473
I bought two milked maples and 2 ASEs from the local pawn today. $20 apiece. I feel dirty. They had generic rounds but wanted $20/oz for those I couldn't talk em down, couldnt place a min. of $300 on JM this month so a few coins from pawn had to hold me over. I think I'll clean them. The ASEs are nice though

>>18222139
I'm COOOFING

>>18226776
>Petrodollar died today.
SOURCE?????

I listened to based silver chads and got 185oz and 15 grams of gold three months ago, which is a lot to me. Feeling comfy!

>>18226473
Managed to get 25 maple leaf today for 600 USD, did I do good?

>>18226995
> the past decade of entertainment sucked
> the past decade was not a true economic recovery

You might be on to something OP.

>>18224361
The only cure is death.

It's obviously because of the virus, not because of previously existing underlying reasons

>>18227435
There isn't one; he's full of shit. Petrodollar is enforced by several carrier strike groups.

>>18227468
You make me feel less dirty paying $20 for the milked maples. No more mints for me until this shit levels back out desu

>>18227468
Yes - better than nosilver.jpg

You are unironically hedging yourself against hyperinflation at this point. USD will soon be worthless.

Once USD becomes worthless, (((they))) will introduce a new global currency and position themselves as the savior of mankind/financial system. This is the Antichrist/False Prophet/2nd Beast system - don't fall for it.

>>18227391

It's bullion, who cares if they have milk spots. you arent collecting, you are investing

>>18227435
https://www.ibtimes.com/could-oil-prices-go-negative-prices-continue-drop-due-lack-demand-amid-coronavirus-2949675

The real oil price is currently at $4 and they are about to negative, because there is no place to store oil anymore.

>>18227612
The death of petrodollar is enforced by 11,000 Russian nuclear warheads.
The Saudis and Russians are flooding the markets with oil, while the demand is pretty much dead.
Unlike US, they also have enough gold to last a whole decade without the oil exports.

>>18227468

Silver is in a panic buy right now, more than gold I think

>>18227714
True

corona chan is based
also will you be joining mass meditation? if you pray for the stocks to go up maybe itll work?

>>18228001
10/10 would wife

Dillon Gage Dealer Pricing

>>18226275
>Plaintiff's objections are overruled.
No big payout for her.

>>18227874
you will not degrade the honor of me and my fatha, and his fatha's fatha, and his fatha' fatha's fatha, like that on this board

>>18227612
You're kidding right? Have you bothered reading the news? There is such a huge glut of oil on the market right now that people can't even sell it anymore.
How can you have demand for your currency when the resource backing it is worthless?
It's so bad that there are rumors that the US may kick off a war in hours.

>>18228034

So the retailers are looking at prices that are 10-20 percent above spot and selling at 50-70 percent over spot?

What do the dealer gold prices looks like

>>18227734
The US has the most gold in the world though.

OP here. Just got this as well.
>>18228181
>
Fort Knox is empty fren.

>>18228181
>The US has the most gold in the world though.
In reserve? No. Fort Knox has never been audited.
COMEX defaulted on delivery. You can safely bet even though the US public may have tons of gold and silver, the government does not.

>>18228266
>>18228279
Holy shit, we really are approaching New World Order territory. At this point, I would be fine with the US losing it's superpower status and going back to being isolationist and self-sufficient, but (((they))) have too many strings everywhere for that to happen.

I bought an ounce of platinum. Its just to cheap compared to gold.

>>18228266
According to my calculations that's about £25.50 an ounce. I can still get silver for £21/ounce roughly, even with good goy tax here in the UK. Should I buy more?

>>18228860
As much as you can afford, whatever leftover you have after getting day-to-day supplies.

Use fiat to get supplies first, then convert whatever you have left into gold or silver. Fiat collapse is imminent.

Anyone saying
>muh shiny boomer rocks
Has no clue what's coming. If (((they))) have been hoarding physical gold/silver & manipulating paper spot prices for ages, there's a fucking reason.

>>18228860
where do you get it from tho

>>18227735
If silver was truly in a panic buy situation, dealers wouldn't be buying 50 cents below spot while they try to gouge a 15 dollar premium out of you for an ounce

>>18226776
hyperinflation of the USD? Maybe

>>18229226
Lol Silverfaggots actually believe the "it's flying off the shelves" bullshit while the coin shops clearly don't even want it lmao

>>18228979
Because when the coronal mass ejection caused by this comet re energizes the atmosphere we will unironically be in the secret society energy weapon electric boogaloo again.

Gold and silver have properties they dont tell us about. Extremely conductive, reactive with "scary scary dont touch it" mercury to increase energy collection and all kinds of shit. I got mine and will be making a few fasces to blast looters with.

>>18229226
odd sd bullion is buying ASE's for 4 bucks over spot. but isn't it funny how all the generic rounds are worth shit right now

PM dealers are making a killing off of retards buying at these prices. You'll be able to buy plenty of silver at $15 within 2 months.

>>18229388
2 months would give me enough time to save for a mini monster box...

>>18229226
lol let them have their delusions

>>18229375
They aren't buying silver, they're buying ASEs because they have some degree of collector value.

>>18229087
Royal mint bullion. Looks like most of it is out of stock now, except for the 10 ounce coins. A couple weeks ago they still had 10 packs of 2 ounce coins, got 100 ounces for £1950ish even with the tax.

>>18229226
>>18229359

The entire point of a "panic buy" is people are demanding at prices or quantities not linked to reality. This is the toilet paper buying of precious metals. Dealers are selling stock at inflated prices to panic buyers, and bilking panic sellers.

>>18231044
oh. ok so the economy is not gonna collapse and those trillions are just a temporary measure? Everything back to normal soon? Kek, dont be deluded. This is it. ITS HAPPPENING

>>18228181
It's irrelevant for the *petrodollar*; the gold, if it exists, will have to be moved out of the vaults for keep the USD value.

>>18228266
Not exactly. But there are issues.
https://www.bullionstar.com/blogs/koos-jansen/us-mint-releases-new-fort-knox-audit-documentation-the-first-critical-observations/

>>18229365
Fasces as pewpew Lasors is my favourite conspiracy theory.

>>18231185
I don’t know about you all... but because of Corona this is the first time since college that I’ve felt alive. I have lots of silver and been waiting for something like this to happen for 5 years. The point where things get so bad that 1 silver Roosevelt dime will buy 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 into conversation about Corona with a roastie milf that had a ring on her finger in the water aisle... and I said this is all a cover for trump to bring us back on a gold standard. She started 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.

>>18231292
We need more copy silverpasta like this.

Aaaand in Europe there are no silver and gold stores to buy from. Why is this continent so stupid?

>>18226848
You always hear the advice to keep "5-10%" of your wealth in precious metals but doesn't that just mean 90%+ of your wealth is decimated and you only have 5-10% left in a depression or hyperinflation scenario?

COMEX can’t find a 400 oz bar for its new 400 oz gold futures contract
Date 31 Mar 2020 08:11
COMEX can’t find a 400 oz bar for its new 400 oz gold futures contract
Date 31 Mar 2020 08:11

Monument metals has 2020 ASE roll preorders for $420 up for grabs today

>>18231559
Dont know what shit EU country you are from but here we have gold and silver stores online and offline.

>>18229483
$15k, after halvening $35-45k

https://www.store.firstmajestic.com/

20$ Silver

https://www.store.firstmajestic.com/

>>18231910
damn thats a good deal, too bad im broke right now

<<18230133
imagine being a literal biohazard roastie instead of a pure, uninfected volcel NEET

>>18231759
Thanks now i dont have to go to work :D

>>18227651
And why would they make a global currency that's backed by a precious metal? It will just be an all new fiat, cashless and trackable.

>>18232623
>why would they do what mankind has systematically done all over the globe since time immemorial until the jews took over the Nixon administration?

>>18232371
Has no resell value. How do you prove its authenticity?

>>18232623
New global currency won't be backed by PM, but this will be post deflationary period. The idea is to exchange PM into the new global currency post-deflation. Why do you think Russia/China/Joos have been hoarding physical PM?

>>18232777
> The idea is to exchange PM into the new global currency post-deflation
what does that mean?
I got 11 oz. Is that enough for a 25 year old?

>>18231138

It really depends, if the economy continues to be shuttered because of this plague for another 2-3 months the strains on available bullion for delivery will cause a real spike and these guys buying physical silver at 50-70% premiums over spot will look like geniuses. But if the economy can return to "normal" in about 4-6 week and physical bullion becomes easier to find, these same guys buying silver will look like suckers.
At some point, either spot silver will follow physical prices or visa versa, but the line can't hold like this forever.

To 18232848:

Yes more than enough if you meant 11oz of gold; if silver, then try to get more. Don't want to quote you directly because I don't want to get infected.

>>18232703
You're assuming they want a stable, hard to manipulate currency.

>>18232777
No one actually cares about PM. The elite want to keep it to themselves. Keeping the peasants on an unstable monetary system that they control and can use to buy up the world is much more convenient.

>>18232848
>I got 11 oz. Is that enough for a 25 year old?
11oz of silver?
Maybe enough for a blowjob...

>>18232971

hey, boomer, you know how replies work right?

>>18233062
he didn't want to get infected

>>18232971
bank you *coof*

>>18233062
He doesn't want to get infected, newfriend

>>18231779
Funny thing is this was sound advice when I was growing up in the 90’s when things were more or less stable. Now we are 23 trillion in debt..... and I would bet if you went to 100 money managers a year or two ago that not 1 manager would suggest even putting just 1% in physical gold or silver.

You need to understand that we have had MASSIVE inflation. This is why 1 single ounce of silver (15-20$ cost in America) buys you months worth of food in Venezuela on the black market. And with the rubber band pulled soooo far back right now with manipulation.... having even just 2-3% of your wealth in metals will end up making you far wealthier after the reset than you were before the reset when everything was normal.

Remember, a silver piece the size of a silver dime has been a days wage throughout history, even today in much of the world people make 2$ a day which is right in line with sane historical economic reality since that 2$ will buy you a silver dime. Some fat asshole making 300$ selling insurance while providing zero real value for society is making the equivalent of 15 ounces of silver a day if he converts his daily paper wage of 300$ into silver. This is totally out of whack and made possible only though massive inflation and just proves how badly they are fucking us.

So basically when this house of cards collapses 1 ounce of silver will be worth at least 2 weeks worth of wages since 14 silver dimes equals 1 ounce of silver.

Unironically the 750$ for those 25 maples is a very very good deal.

>>18233144
>Unironically the 750$ for those 25 maples is a very very good deal.

What I meant by this is when it’s all said and done 750$ for 25 maples will be a fantastic deal looking back. That isn’t to say that you can’t get a better deal right now. But if you were magically forced to only be able to buy 25 maples per 750$ and you bought 100 or 200 of them....... it would end up being a screaming good deal.

>>18233224
I'd rather spend that $750 on 40oz in bars, better off still

>>18233338
I know that. My point is that at the end of all this 25 ounces for 750$ will be a screaming deal. Since historically 1 ounce of silver equaled 2 weeks worth of wages. If I was forced to only buy maples for 33$/oz Id still be buying

>>18233623
Science is another form of religion. A canon system of answers and a way to approach reality.
The only thing that's absolute is that nothing is absolute.

>>18233321
*COOF*

>>18233550
Hopefully, it might drop too, there might be no market because no-one has the spare cash to buy silver, they're spending it all on bread and interest on debts.

https://www.kitco.com/news/2020-04-01/Silver-market-faces-supply-crunch-as-Mexico-curtails-production.html

Worsening silver supply.

>>18232971
Mr. ntvRoO7o

As you may be aware, the physical bullion industry is in a bind. There is no incentive for miners to even explore new deposits, let alone dig the shit out of the ground with existing operations due to the Jewish paper markets suppressing the true mega ultra rarity that is silver and gold.

The next monetary system is being made up by the Jewish magicians at the Fraudulent Reserve. It is all an illusion and the Jews are quickly losing control of the populace. They took away our money, they took away our fathers, sons and brothers to go die in their wars, and what do we get? We get their mangled bodies returned in a casket draped in the flag of a dying empire that has been gutted by the Jews.

Now kindly go fuck yourself and keep stacking or you'll be blowing me for a mercury dime, faggot.

Sincerely,

Anon

>>18232858
This is accurate. Which in still on the fence myself. Do I go buy out more Maples for $20 a pop at my local pawn. Or do I just hold out and put some cash back. We won't know if we're in recession for a few months but I think it's highly likely, as well as inflation once the BRRRRRR hits

I'm paying $13 per $1 face of 90%. I was paying $14 before this (((crash))).

Hey dipshits, I just took delivery of a perth mint order made 2 weeks ago.

Coin shops have sold out because there is simply not enough minted products on hand to meet demand. Perth mint is dropping all other products and just making 1oz kangaroos gold and silver at max capacity, lead time is currently 2 weeks for gold and 4 weeks for silver. You can order for only a few % over spot right now.

Perth Mint are getting bulk Good delivery bars delivered at spot or from our mines and just have to turn that into coins, which takes time.

Proof:https://www.perthmint.com/covid19.aspx

>>18227734
OPEC nations are crying and bitching at the loss of profit, Russia is also taking a huge loss. Neither can keep this up into the summer.
>Unlike US, they also have enough gold to last a whole decade without the oil exports.
First of all, Russia said only six years, second of all you are one naive dumb gullible idiot to accept their bluff about being able to do this for six years as reality.

>>18229722
No one buys shitty post-1964 coinage for investment purposes just because they are "collectible".
ASE are worth what they are because of their silver content plus the fact that they are hard to duplicate and it's safe bet to buy one over a random generic bar.

>>18234671

based and redpilled. thanks u

>>18228156
>sell
>buy

Actually it's better than 2700X because that $317T assumes the world's weath does not increase in the next few decades...which is obviously unlikely.

>>18235703
Based. I was buying '64 kennedys for 12x FV at flea market, right before the SHTF. Manage to grab 20 before everything shutdown

I was going to put 500 into crypto’s since I have 130 oz of silver but they just pumped so I guess I’m going for 200oz

So is platinum a decent investment right now? Doesn't it usually trade at a similar price to gold?

>>18237704
I was curious about this too.. Stuff is really hard to find now.

>>18237730
Fucking boomers buying up all the precious metals. The only platinum I can find are shitty coins being sold for 300 dollars above the paper price.

>>18237754
This.. What the fuck, the price is outrageous..

DESU

>>18237754
Maybe this is an indication you shouldn't be buying, but selling. Or you could buy high and sell low.

>spot price 14.10
>actual price $24.13

How is this winning anon ?

>>18237875
Ain't got nothing to sell, the jew in me just wants to buy a shiny valuable metal to look at and maybe sell a couple of years from now.

>>18229226
Why wouldn't these same sellers just sell it for $25 on ebay though?

All the mints seem to think Silver is now $35\oz.
The real question is what price will Silver actual be once these online stores get restocked.

>>18229365
Sorry to bother based Fren.
May I inquire the plans for such a device? Or perhaps a list of parts which I may assemble? Arigatō

>>18238488
Because the actual price is higher than spot. It decoupled entirely and isn't going back. Buy PNK and XAG

>>18240071
Has it decoupled, or have just a bunch of assholes inflated the price of physical temporarily? Which must be much less than 1% of silver traded

>>18229365
how to make ancient aliens energy weapon. i tried to string together my metals and ended up with my dick in the fan.

>>18229388
>You'll be able to buy plenty of silver at $15 within 2 months.
Your money won't buy anything in 2 month time. The bail outs for the rich have only just started and logistics have failed internationally.

I feel so stressed out. I saw this all coming.

The problem is I see bigger problems soon. From AI.

I don't know what to do. I have to somehow get ahead of the next disaster..

It's not enough...

>>18231044
>SUPPLY AND DEMAND DOESN'T MATTER
>REALITY IS DICTATED BY ETFs!!!!!!
>PINKY WOJACK COPE

>>18241509
I think we are going to see hyperinflation as rich people in poor areas spend tons of cash to have nice things shipped to them because all the local stores are empty. Will be a vicious cycle as total supply dwindles due to disrupted supply chains. We'll see bread lines in 1st world countries.

>>18232777
>global currency
This is never going to happen.
>but this will be post deflationary period
Also not going to happen
>The idea is to exchange PM into the new global currency post-deflation
We're going to be exchanging PM into assets.

>>18240807
It’s actually the assholes who have been suppressing the true value of silver with ETFs and futures. For every one ounce they promised to keep in the bank for you there are 10 owners. This scheme was bound to fail and people will realize the old adage is true, if you don’t hold it you don’t own it.

>>18241689
I hope you're right. It seems like a big screw up.

>>18229388
this. im patiently waiting for my cheapies

>>18238488
its winning if you are a seller. im about to list all my ASEs on ebay and rebuy them in a couple months

>>18241384
Why does he have both tits and udders?

Got this for $1,738.
Long delivery, but they're still on sale.
https://www.scottsdalemint.com/my-account/orders/

>>18241798
Real link: https://www.scottsdalemint.com/product/100-oz-scottsdale-king-stacker-silver-bar/

>>18228266
That looks like real expensive silver. cool because they are fractional howeever try to keep your cost per ounce low

>>18228860
Go to the European mint, you can pick silver up for £16-17 an ounce. The 10oz krocs are a good buy.

>>18229388
You may be right but its not worth the gamble considering how things are going right now. I’ll gladly pay a 2-3-4 dollars over normal premiums knowing I have a good stack locked up. I just bought 200 SAE’s at 21$ per. If I wait a couple months to get them at 17$ per and am able to get 246 ounces instead for that $4,200... I get a better deal but that extra measly 46 ounces of silver id maybe get for waiting for cheapies isn’t worth the risk of things potentially going off the rails and being completely locked out from getting any silver.

The time to wait for cheapies and dollar cost average was 1-4 years ago. Now is not the time to fuck around for 10-20% more silver especially if you have enough cash to make a semi sizeable purchase.

>>18241623
>white girls only for white men, noooooooo!!!!!!!!
>white men are the greatest!!!!!

>>18241798
You should really look at the 1oz non-meme dollar coins they have. If I had to accept payment from you... like I was selling a car or land, I would rather take 80 1oz than that 100oz bar. I might even refuse the 100oz bar. Just saying.

>>18241772
I went to my dealer yesterday and He took everything out of his display cases and was only buying or selling from people he knows or by appointment.

The time to wait for cheapies was the last few years. Now is not the time to fuck around because you can be locked out forever. Because when the music stops it’ll be instant.

>>18241929
Yeah, I thought about that, also thought that I can buy 1 oz coins later on. Been stacking 1 oz gold bars in the mean time. Something's attractive about 100 oz bars of silver though

>>18241938
I heard ABC Bullion would be in stock silver start of this month. Nope. Nothing, nada, don't have shit. They have some 1oz gold rat coin in stock but nothing else unless you want 'allocated' pool. I am sure this will change and stock will come back but... I think it will run out fast. I think buyers will get exhausted in the next couple of months though and there will be no demand after that so supply back to normal.

>>18241938
maybe ill just say fuck the premiums and max out my credit card. if the system is collapsing its not ilke you will have to pay back the bank

>>18241962
Well, when I was a young kid around 9 or 10 my dad gave me a 1kg bar of silver that would have been destined for industrial use so it was ugly as all fuck. I used it as a door stop for the next 15 years. Where I live land has been traded in silver (or simply swapped for other land) for at least a thousand years (recorded). People here have always had coin form. Bars are weird and just not as useful.

>>18238506
42 is kinda based, but also an oversimplified new-agey woman version of it all.

>>18242003
>I think buyers will get exhausted in the next couple of months

This isn’t 2011. If anytime the reset will happen it will be now. Don’t get caught empty handed

>>18242009
Yeah... who gives a fuck. What are you worried about? Your credit score? Lmao

every dollar they print is one step closer to victory

192oz silver
1.54oz gold

>>18242073
I recommend people have physical gold and silver. They don't need much but they need something. I don't think the collapse is now but much of the Wests financial system and physical economy is being skinned over a few thousand dead which is ridiculous. I think... it's going to be a long skinning for a few reasons I will not go into.

>>18242009

>>18227391
If it has milk spots then you know its 100% genuine silver. No one has the technology to forge those milkspots. It's a security feature.

>>18227435
>>18227612
>>18227734
JP Morgan says oil is dead, this is the biggest happening of your life, Covid will be over in a few mounts, this will last forever.
https://www.youtube.com/watch?v=_H2v7kTVPIE

>>18242122

When is it going to be if not now? The whole world economy is grinding to halt. It doesn't magically get better if it resumes in a month or two. The reckoning is at hand.

>>18240004
Still looking myself fren. Will post here when i find them.

>>18231185
Me too. Imagine abe lincoln unironically blasting his giant cousins after the carrington event so we could usurp their amazing architecture. Only to get blasted and usurped by ((them)) himself. Sad! Many such cases.


>>18241104
Working on it myself. I honestly have no clue and wont be melting any of mine down until i find something promising. Only clues I can find come from all over and provide very weak energy fields, not blasts.

I’m having sex guys

Protip I maybe shouldn't be giving:

Silver can be sourced from people who recycle it, unlike from mines, which are all mostly closed down and will be longer to start up.

>>18226776
I believe and hope this is true

>>18242202
seems unrealistic given how many people own 500oz of silver or multiple oz of gold. silver is not that rare

>>18236573
>Perth mint is dropping all other products and just making 1oz kangaroos gold and silver at max capacity, lead time is currently 2 weeks for gold and 4 weeks for silver
Bullshit. I ordered a while ago and I'm getting a 10 week notice.

>>18236573
>Cast and Minted bars: Are currently out of stock and at this time we cannot take orders for any size while we work to satisfy the current backlog of orders.
They literally refused my bullion bar order saying they need the silver to cover the more lucrative coin orders.

>>18242604
Out of every 100k people in this country how many do you think own 500 ounces of silver? Id guess maybe 30

>>18242648
Why don’t you faggots go to a coin shop? I asked my dealer yesterday are people selling? He said yes but obviously not as much as people buying. If your coin dude doesn’t have any to sell literally wait outside in your car as people come into sell for cash

>>18242700
think about everyone with their families gold jewelry

>>18242845
Answer my question

>>18242876
I'd say 2 or 3 and that includes dealers.

>>18242248
Based video, I agree with him.

>>18242248
Who is this faggot?

JM has Sunshine mint 1 rounds and 5 oz bars in stock lads. Also random silvertowne rounds. Strike while the irons hot

What will I be able to get for this?