/biz/ - Business & Finance

>>19274725
Thanks OP.

Post stacks

292,345 oz silver
11,900 oz gold
4,300 oz platinum
2,855 oz palladium
800 oz Rhodium

>>19274777
60ozt silver
2.5g gold.

>>19274759
Np the other one triggered my 'tism

>>19274725
>old
>>>19272105
F

>>19274725
My poured stack bought before the beer flu virus

>>19274817
Was pretty bad

>>19274725
That guy looks trustworthy

>>19274777
Are we larping now? Also, nice trips.
>>19274815
5.05 toz of gold
95 toz of silver

>>19274860
Love how those little monarch bars look.

>>19274902
5.03*
My bad

>>19272105

I'd avoid ASEs and constitutional at the moment. Premiums are just too high. I've personally been buying generic since the pandemic/crash

Hows everyones morning going today /PMG/ ? If it stops raining i am going digging.

PM thread up on /k/. Get in there boys

>>19274912
They are pretty nice to feel as well my lcs was selling them for 18/oz as generic bars a while back and had to pick up the 6 they had

Which pamp gold bars are the newer ones? The fortuna bars with veriscan or the one with suisse repeating on the bar?

>>19274777

>>19274777
Checked
353oz of silver
1/10oz of gold

>>19275044
>not linking the thread

>>19275674
Search metal

>>19275044
/k/ has been kill since '15-16

>>19275853
True, I got better gun advice here than over there. Got myself a mossberg as my first gun.

>>19275902
That /pm/ thread on /k/ is already a dumpster fire

Is gold and silver likely to drop anymore so I can buy? Mainly gold. Or is now that last good chance?

>>19276055
Expect prices and premiums on physical to remain high regardless of price.

>>19274777
Proofs?

>>19274777
I just hit my end of the year goal of 2k oz of Silver in 100oz bar form.

All of my silver was bought at 98-110 ratio. My plan is to wait until that ratio drops to 15 and trade all of it into Gold.

This way, instead of only having 20oz of gold. Converting the silver will get me between 100-250oz of gold.

Depending where we are with the stock market and real estate at the time, I plan to buy as many dirt cheap assets until gold is only 20% of my overall portfolio.

>>19276140
Im lying anon, if I had all that I would have my own island with asian milfs tending to my every need.

>>19276155
I dont see the ratio hitting 15 at all but damn that would be nice. Why do you think it would hit 15?

>>19276055
I hope. But I doubt for awhile. Maybe small dips?

>>19276191
In the US the historical average is a 1:16 ratio. Throughout history its closer to 1:10. The mining ratio is currently 1:8.

100oz of gold is the lowest ill trade for, which is if I traded at the 1:20 ratio. Where gold prices could go this still gets me over a million dollars untaxed.

Got a question, forgive any stupidity.

So my mom just got a fairly significant amount of money, that she wants to use towards a house, in around 6 months to a year's time. The money is just sitting there in her account though, she's wary of investing it or anything, so would it be a decent idea for her to buy some PM with the money instead in the meantime?

Way I see it, both ways the value is just sitting there, but with the PM after a year or so the money could have earned her some value.

>>19276055
Forget gold and buy silver, its incredibly cheap, and if you play the gold to silver ratio you can make 5x -10x what you would if you had bought gold instead.

All pieces of gold are 1 ounce. Believe it or not, the US Mint used to ship bullion Gold Buffaloes on cheap blister sheets. In the back is an ultra high relief St. Gaudens double eagle. The Heraeus kinebars are the things with holograms on them.

>>19276270
Make her watch this. You watch it too.
https://www.youtube.com/watch?v=FI7NnOg2rxo

>its 30 minutes though
Dont be a nigger.

>>19276363
Damn anon, jelly af poorfag here

Thanks to whichever anon was shilling this earlier, already made a bit of money.

>>19276270
mum knows best anon

>>19274777
I want to reach 300/3/3.

>>19274972
Thanks fren. That sounds solid. Personally, soverighn doesnt really mean much to me. How about krugs?

>>19274777
100oz silver
6g gold

Leafs, explain yourselves

Afternoon, lads! My $25 Goldbacks came in today - will post pictures later. Going to splurge on a 1/2ozt gold US commemorative half dollar coin this week since I had some nice OT and the money's burning a hole in my pocket.

>>19276247
Anon, that ratio existed historically only because silver had a valuable utility as an ever day currency. As a store of value, it's slightly worse than gold, and there's little reason to have multiple metallic SoV assets.

>>19276363
It's beautiful anon.

Anyone know why 40% half dollars have a much lower premium compared to the 90%ers? I guess the same thing could be asked about war nickles. Is it because scrappers have a hard time extracting the silver from it?

>>19278149
I imagine so. 40% and 35% aren't exactly "fine".

>>19278149
Are you retarded son?

found these monarch rounds of the pacific NW for under 21/oz tempted to get them. but the deer looks ugly to me lol
https://www.bgasc.com/product/1-oz-silver-rounds-monarch-silver-buck-999-fine?SSAID=1016390

>>19277380
obviously it's retelling of the time aliens came down and stole their cattle.
don't tell them it was rednecks looking for steak with their fog lights on

>>19276363
Welp...time to Coom

>>19277654
I believe its more likely that we will return to a gold standard of some kind after the hyper inflation. When we do silver will return to the role you mentioned.

I’ll just leave this here

Almost to $3,000 an ounce boys

>>19278149
People dont like the 40% stuff, most stick with 90%

>>19278409
silver is bulky enough and weighs a ton. who wants 40%, before the pandemic I used to see promotions for junk silver at spot. so honestly why would anyone want to buy 40% unless it was the only thing left in stock...

>>19278408
Thinking of buying silver i have about 26oz silver and 3oz gold. But i am poor and need to save. I miss the times i could get an ounce under 20, thinking i'll just be patient and wait for the prices to fall.

>>19276270
If she plans on buying the house in 6m-1y just put the money in some basic savings account.
When you try to sell pms you'll always get a bit of a cut because it's already owned.

>>19278387
If we do return to a gold standard of some kind, which seems reasonable to me, it will likely be in the form of a gold backed digital currency. In this scenario there is no utility or purpose for silver

>>19278802
>likely be in the form of a gold backed digital currency
Accept nothing less than physical. There's proofs of concept out there that the treasury ought to look at.

>>19278246
Silvergoldbull has 1/2oz rounds for ~11.50 - 2.00 if you're ordering 20+ and free shipping over $100. I have not seen better retail prices per ounce than that anywhere even for generic rounds. You can find some decent deals on r/PMsforsale but they go fast.

Anyone have a golden state mint coupon code?

>>19276270
>just got a fairly significant amount of money
>The money is just sitting there in her account though
>she's wary of investing it or anything
If you're in the states and it's more than the FDIC or NCUA limit then she needs to look into diversifying into multiple insured accounts.

can't go digging, here are cool pics

>>19278520
yes anon wait for prices to drop, or at the very least in a month or so if prices hold, start buying the dips
>>19279114
anon that comes out to 23/oz also never buy anything off reddit, only buy from reputable dealers, or trusted friends who bought from dealers...
>>19278934
anon can you burn those dollars and easily collect the gold to be re minted? if so I think you have a point

>>19278934
This idea of putting physical gold in a banknote is cute and funny as an idea, but terrible in practice. You can’t put anymore than a tiny amount of PM in a bank note. And how do you extract it? Measure it (reliably)?

The original concept of actual gold coins for large purchases and silver and copper for smaller just werks. It has drawbacks (security issues, threat of clipping and debasement etc) but these can be mitigated especially with modern technology.

Pic related is not a precious metal coin, but gives a good example of how modern technology can actually overcome the problems the gold standard used to suffer from.

https://www.royalmint.com/new-pound-coin/

https://youtu.be/5sLhzorMQMc

>>19277653
Good shit. Buying metals means you can spend (fiat) and keep money.

>>19279688
do you ever go dumpster diving of sorts at those old abandon mines? I be to afraid something would collapse, and no one would find for years lol

>>19279851
I disagree anon, I think a plastic with a melting point well below gold, would do just nicely to hold gold/silver strips.
plastic can bend is water proof, you make it thick enough it won't tear and the metal strips would be quite safe

Does anyone keep any of their stack out and on display?

Would UV from sunlight degrade the metal at all? Discoloration?

>>19277380
The dickfinger native tribe would trade you pizza for goats. It's part of our culture and identity. To turn down pizza in exchange for your goat would be disrespectful and as a result you would be slapped, with dicks.

>>19279811
11.50 MINUS TWO DOLLARS PER COIN which come out to $19/oz shipped. Sorry I should have been clearer in my post :) Reddit is perfectly fine if you buy from people with established reputations and use common sense.

Quick question about wiring money to buy instead of using CC or paypal. If I make the order for wire and they email the directions, can I still back out? Havent sent anything but I want to buy more in the same order for the discount but need to deposit first, instead of two orders.

>>19280193
>can UV light degrade a molecule

the average intellect of a /pmg/ay

wanting to pull the trigger on a gold eagle fractional... maybe some silver too

>>19280322
*an atom

>>19279237
>>19278676
>>19276831
>>19276393
Thanks for the advice!

>>19274725
this general is a nice break from the shitcoin storm

Posted this on a relatively dead /k/ thread, would you hypothetically trade an oz of silver for a sealed box of MREs? Two boxes?

Just like to get a general feel for what people think would be a good barter.

>>19278286
>>19280256
I'm dying

>>19280363
In post collapse world, an ounce can buy you a medium size mercenary group to protect you and your new founded settlement. Another ounce to buy slaves to work farms and another ounce to have a personal harem of sex women

>>19280322
>>19280340
Silver tarnishes easily, I don't blame him for wanting to be sure

>>19279976
The whole point of banknotes and later cards was that that they allow you to make purchases without carrying PM coins or bullion.

What’s the advantage of using a banknote or card with precious metals physically in it over just, y’know, a coin made of 90~100% metal?

>>19280308
ohhh that is a great deal, any idea how many come in a tube?

Stack update:

+300+oz of .999 silver (check out the epic pamp suisse kilo. I am only ever getting asahi and pamp suiise going forward.)

+3 oz of gold
When calculating the value I realized that my 300 oz of silver and 3 oz gold stack were almost the same dollar amount.

Is 1oz of gold really 100x the price of 1oz of silver. I think not...

>>19274777
How?

>>19280383
Sounds good for post collapse but what about now?

>>19280418
oh yea, I put some speculative money on some authentic sealed MTG booster packs . Don't care what biz thinks of that invesment!

>>19280418
you know those packs have already been searched right

Just got my first tube of Mercs. Really feels like I’ll make it now.

>>19280362
/pmg/ is comfy, /smg/ is too fast and full of Redditors these days

>>19280453
Even if I watched the seller open the sealed booster box in person? Even after insepecting the sealed booster box for any imperfections and having a 3rd party expert verifiy the box right in front of me?

>>19280396
https://www.jmbullion.com/1-2-oz-us-australian-wwii-silver-coin-bu/#tabs-specification
>Inner Pack 25
Looks like 25 to a roll I think.

>>19279941
Yep I often find all sorts of neat relics while wandering around these ruins. Most of my really good prospecting kit was acquired that way.

Anyone here have a loupe?

>>19280312
>>19280312
anyone?

>>19280702
yes several they come in handy.

>>19280714
I think you get a grace period of a day here in Canada on money orders / wire transfers but i am not 100% sure about other places.

>>19280504
Yes. Because no buyer will accept that provenance. Sealed boosters are a horrible value investment when it comes to MTG, you would be better off buying blue duals and moxes and holding.

> t. sold my collection for $7.3k in 2014

>>19280776
I didnt initiate any transfer. I just hit checkout on golden state mint and the order was placed and I have 36 hours it says to fill out the wire transfer. Just wondering if I can just let it expire past the 36 hours freely.

>>19280851
Be careful, that might get you blacklisted.

>>19280851
call them and explain your situation. If you fuck around without talking to them first, they are going to assume malicious intent and lock you out of doing business with them.

>>19280193
Yes if you leave your gold out in the light it will start to rust.

>>19280531
ty anon, just pulled the trigger on 50, 473.50.
50oz of govt minted coins for less then 20/oz who would have thought that would become a special lol

>>19280714
I believe in the states you are fucked anon, most places will even charge you a 15% restocking fee, despite not taking it off the shelfs until your money arrives

Could someone give an opinion on this please. Before anyone says its the same as paxcoin, it isn't. Thanks. Aurus.io

>>19281016
I meant to say 25/oz or 50 1/2 ounces...

So do LCS buy for spot regardless of whether it's generic or government bullion?

>>19281169
how could we possibly answer this accurately, it would be up to the store.

But generally speaking most dealers will pay the extra premium on something like a gold eagle because it's easier to sell.

>>19281169
>>19281254
agree with his response it varies by dealer. but things like ASE's tend to hold above spot while more things sell for spot or under...
a lot of website will show you the most common prices for popular items, just expect it to be slightly worse by the time you call in lol

>>19281016
We all gonna make it. I've been on the fence about buying some of those for a few days but I'm super hesitant. I'm running out of spare $$$ to throw at PMs and having a little cash saved seems like the wise thing to do.

Nickel Plate Stamp mill Nelson BC 1950, one of BCs greatest gold mines, producing over $1.3 Billion in gold in its 75 year run. An estimated $300 million remains in the workings but public outcry has slowed modern mining.

>>19280363
Silver is 0.00000075% of the earth crust's composition anon, can you grasp how rare it is? Food literally grow on trees..

Island Mountain Mine mill and office building at Wells BC in the 1940s. The Island Mountain produced $140 million in its first operating run from 1933 to 1969, than another $50 million in gold and silver between 1973 and 1981.

>>19281663
hahaha imagine thinking the amount of something in the earth's crust translates to it's value

>>19280947
>>19280906
Makes sense. Ill message them, I just wanted to increase my order amount sine I was close to the next increment savings per ounce.

Thanks

>>19274777
Holy fucking based

>>19281530
right, i'm in the same boat, I should be saving money since I spent my reserves right when silver dropped. and part of me thinks silver will come down, but another part of me is like 20 bucks a oz is still triple when it moons, and I don't want to be to greedy
>>19281689
were you able to get out any today or just playing in your garage?

>>19278505
Protection against theft. Its extra heavy.

>>19276772
can"t prove it but that was me :)

I know nometals are usually encouraged to buy gold up to their first 10k, but given the current situation / the ratio closing, would it be wise to invest in silver instead? I’ve got about 5k fiat to spend.

Looking at either 200 1oz silver coins (buffalos or brittanias), or a few 1/2 Oz gold coins (or maybe two 1oz bars). Also considering gold jewelry (18k if so. None of that mene shit).

Anyone have any thoughts? I saw someone lay out a convincing argument for gold in an old general but now I can’t find it. And yes I have a happening mentality if that matters.

>>19274725
My humble stack. Don't mind my dirty mouse pad :)

>>19276363
Jesus Christ how much total is that? It's at least 100oz, right? Good lord man.

>>19281979
Buy 525 of these
https://silvergoldbull.com/1-2-oz-u-s-australian-wwii-silver-coin

Its 262.5 oz silver for under $19 an ounce. An anon posted it earlier. I dont know who has silver for cheaper per ounce than that. If you want 1 oz coins then JM Bullion has Philharmonics for 21 each, you can get like 180 oz of those. Will sell easier than big fat bars.

Gold will grow and it will grow first but silver while it will grow slower, it will grow more. Right now the ratio of silver to gold is a bit over 100 so its 100 oz silver for 1oz gold, when silver spikes after gold if for example silver gold ratio is now 40, you can trade off 40 oz for 1 oz gold, the 262 oz above can be sold off to buy 6.5 oz gold. Your current money can buy like 2.5 oz gold.

Gold is the ultimate goal, and safe and steady. Silver is slower and unsteady but still a grower and a bigger one at that. Since you are new, I suggest silver first. Particularly since the ratio is so high. The average is around 65 and historically its a lot lower than that. Right now its over 100.

>>19280501
It's because smg is full of people that are looking to get rich quick and more than likely don't have any money. /pmg/ knows what they have.

>>19280486
Waiting on $10fv myself. Godspeed.

>>19281895
I spent 3 hours spinning my wheels in shitty road mud trying to get to a few places, gave up after I almost bottomed my truck out. Roads need time to dry out. I ve never seen them this bad.

>>19282087
>you can get like 180 oz of those
>>19281979
I mean 230 or so. So 30 less ounces but its a common recognized and sought after silver 1 oz coin. So up to you on what you want.

>>19282119
well good to hear your not still digging your truck out at least.
ever find a deposit because your truck took off a couple inches of top soil lol

>>19282021
Mirin that P365. How do you like it?

>>19282169
Not directly no but one time last year i got bogged pretty bad and had to call on my sat phone to get a buddies bulldozer down stream to pull my rig out. While I was waiting I was walking along a road I passed like 200x that year and finally decided to pan some of the gravel just on surface with a ditch puddle. I got two grams in that pan.

where do I buy physical silver?

>>19282260
Kroger's

>>19282192
First weapon I've ever owned. I'm addicted now.

>>19282212
nice, almost made it worth the trouble lol

>>19282145
Thanks. What would you recommend? I assume the more commonly recognized coins will be more easy to trade in the long run so possibly worth paying the extra spot for?

>>19282260
Look in the OP dingus

>>19280418
budget keyboard
magic the gathering
3 ounces of gold

every year they rotate the last years sets out of the competitive game pool so investing in magic is legitimately useless

give me one use case compared to a classic max rarity dark magician deck

while the current format magic decks have expired during quarantine and no one has been shipping or opening new boxes i have been playing with the same yugioh cards since i threw my magic cards in the bin 13 years ago

we are never going back to beta format magic who the fuck even has playable decks of that shit no one but a retard watching unboxing videos on kids youtube or the larper making them would think magic is profitable

go buy a katowice 2014 challengers capsule like a real game based investor

TLDR: day trade yugioh cards at https://yugiohprices.com/ dont be a magic candy ass

>>19282260

publix

>>19282287
if you see a Kroger brand 1oz round, you know its to late and its time to hold lol

>>19282310
Buy some 147 grain federal HST

>>19282393

its time to buy sealed, anon

>>19282386
yea almost lol. I love my hilux but I wish I had a rig like this instead.

>>19282408
this. federal or sig 147g are top tier

>>19282393
That's a corsair rbg cHERRY MX mechanical keyboard...

I just ripped open all of the packs and yes, the anon was right. None of them had anything good. Investment status: pile of garbage

>>19282393
How'd I do anon?

>>19282450
Beautiful mercs bro. Not sure how I feel about the faggy weeb shit tho. ;]

>>19282435
last I heard gas in Canada was higher then the US, has it come down? in Indiana its hovering around $1.80/gallon
but yes if you could afford the gas, that thing would be a beast lol

>>19276363

>>19282021
Nice gat.

>>19282482
gas is cheap here now due to all the corona bs. Its great actually. The places I usually end up working in dont have great gas prices though. Iskut had $1.76 a liter last summer for example.

>>19276363
holy shit thats a good stack how did I miss this!

>>19282611
a liter. ouch thats painful
>>19282628
right, maybe the metal whales stumbled across us lol

>>19282387
Many people will say, and largely rightfully so, that silver is silver. So it will always sell for w/e the spot price is at the very least. Government coins and fancy name brand bars and what not do carry an extra premium with them for a number of reasons. Ideally, I would say coins are nice, certainly have some and it would be good if it were from your countries mint but it doesnt really matter honestly. You do get more silver for your dollar by getting generic rounds and bars and the bigger the bar the closer to spot and the larger volume you buy at once as well.

Right now with the crazy premiums and this virus shit messing everything up, you might be better off getting as much silver for your dollar if you intend to flip but with the price of the Philharmonics being so low, or the British Britannias also on JMB for the same price I think, you might as well buy those and lose out on 30 oz since you are getting a government coin, recognized, trusted, etc. Those 1/2 coins linked earlier are also legal tender gov coins in Australia but they are rather unknown.

So if it were me, and I were new, I would get the Britannia or Philharmonic coins given their price. It may take some time for spot to rise, years even like in 2008 when silver hit 8 bucks then hit 50 in 2011 for a short time. But by then you would have also accumulated more money maybe and you can buy some more coins or generic rounds or bars.

Maybe other anons can give their 2 cents.

>>19282764
anon if you buy 1oz coins you also get discounts in bulk, so a 100oz bar vs 100 1oz coins really isn't much difference in price.
I always recommend checking prices from this website before buying stuff, just to make sure you're getting a good deal https://findbullionprices.com/closest-to-spot/

and yes I like govt minted coins from your local region

>>19274725
Why is Mike Maloney so god damn based? I just orderd my first oz of gold feels pretty good man I'll post my full stack when it arrives.

>>19282764
>>19282847
Thanks. I think I’ll go with philharmonics or Britannias. I’m American so don’t rly wanna pay for ASEs even tho they’d be my local.

Definitely interested in potentially flipping for gold in the future so seems like silver is a good bet atm. Thanks again for the advice anons.

>>19282470
>pic related, it's 13yo me after reading your comment

>>19283210
ASEs are favored by many overseas too. But the US Mint closed down I think, and they have to use US sourced silver to make them by law and most mines are closed or at reduced capacity so there isnt a lot of ASE's being made and everyone is gunning for them. So we have $27+ ASEs now. Nuts.

Best non-VAT Silver Prices in EU?

Daily reminder that (((they))) control the """precious""" metal market an you are all paying them high premiums for a dead investment.

>>19280418
>>19280504
>>19280446
>>19282447

HAHAHA did you really open them. Post timestamp with the shit pulls please, it will be an epic post

>>19282393
mtg hardcore player since 20+ years here, can confirm, the game is RIP, jews killed it.

>>19283278
>Daily reminder that (((they))) control the """precious""" metal market an you are all paying them high premiums for a dead investment
*Daily reminder that (((they))) control the market

Welcom to /biz/, I can tell you're new here.

>>19283210
One last q, would it be worth diversifying across a few different coins? Or buying some 1/2 Oz and some 1 Oz? Or is this useless when the weight will be the same regardless?

Also, I’m in the process of moving across the country and don’t want to tie up my funds until after I’m settled (in case something happens during the move, unexpected expenses, etc.). Am I gonna be fucked to buy in mid-late June or do you expect prices will be relatively similar or possibly better?

>>19283278
I think it's more of the paper market than physical.

>>19283278
(((They))) most certainly control the monetary policy and you're paying a premium through taxes/inflation just to print money that loses buying power.

>>19283386
anon, so heres the deal, that I like to avoid. if you buy large amounts and it doubles or triples within a year, thats some tax...
so a lot of people like having multiple sources to sell silver/gold in small enough quantities not to get on the radar.
always good to have a local dealer in mind, and they usally have high demand for things like ASE's and low demand for things like large bars or generics. now obviously still will be the case when prices are high...

>>19280383
>an ounce can buy you a medium size mercenary group to protect you and your new founded settlement. Another ounce to buy slaves to work farms and another ounce to have a personal harem of sex women
I know where there's literal tons of the stuff sitting out on a mountainside. And millions more tons below that.

so your economics probably won't work out.

>>19278149
chemical purification of silver is very costly in resources and time

>>19283674
a company would make money doing it, but it's illegal afaik

I might drive 2 hours on my day off to go to a coin shop. idk what I'm looking for, maybe just try to score a roll of constitutional coins. I found this place on youtube and the owner seems super cool and fair. Maybe I'll take some ASE's off his hands

I'm kinda thinking about getting into numismatics. I don't wanna go buying equipment and spending tons of money on it just for it to be some passing phase like a lot of my hobbies turned out to be. But I have been interested in coins and money since I was a kid and I always held onto anything interesting I ever found, anything foreign, etc. I may try to find a book to read

>>19276363
Based

Just ordered a tube of 25 silver Krugerrands.

They arrive next week, I can't wait.

>>19283575
Right on. Good advice, thanks. Does this apply to buying as well ie I should accumulate slowly over time to avoid being on the radar?

>>19284161
i'm conflicted about buying the tube I did, the south African govt is pretty much shit tier and we shouldn't be supporting them for stealing farms from people

>>19274777
I got a stake in a few asteroids
and I haven't counted my stack in a while because it's hidden under a fake pond on one of my properties. I forget where.

silber

>>19283575
>In 1787, the United States Constitution established gold and silver as the legal tender of the United States[24] at a floating exchange rate. Then in 1792, Secretary of the Treasury Alexander Hamilton proposed fixing the silver to gold exchange rate at 15:1, as well as establishing the mint for the public services of free coinage and currency regulation "in order not to abridge the quantity of circulating medium.".[25] With its acceptance, Sec.11 of the Coinage Act of 1792 established: "That the proportional value of gold to silver in all coins which shall by law be current as money within the United States, shall be as fifteen to one, according to quantity in weight, of pure gold or pure silver;" the proportion had slipped by 1834 to sixteen to one. Silver took a further hit with the Coinage Act of 1853, when nearly all silver coin denominations were debased, effectively turning silver coinage into a fiduciary currency based on its face value rather than its weighted value. Bimetallism was effectively abandoned by the Coinage Act of 1873, but not formally outlawed as legal currency until the early 20th century. The merits of the system were the subject of debate in the late 19th century. If the market forces of supply and demand for either metal caused its bullion value to exceed its nominal currency value, it tends to disappear from circulation by hoarding or melting down.

There you go, anon.

Ordered min buy-in of 1.5k for tax free from JM.

>>19284778
>buy-in
what

Will 2020 gold and silver eagles be worth a lot like some other years? Mint closed, mines closed, 2020 being a now notable year, last year for the current design, etc.

>>19284805
anon the mints only temporarily closed. we have to wait till they start producing next years coin in sept to know how many were made.
i'm guessing 13-15million are low estimates with how crazy demand is

>>19284823
so is that a yes or no if your estimate is correct

>>19284886
I don't think so, I mean people will want them. but I don't see huge demand 2020 over any other year. not sure about hold eagles but I bet they'll make plenty of them as well

>>19284805
Mines are ramping production back up and mints are opening again. I dont think were going to be seeing anything major happening from that front. I do however expect more economic impacts hitting if things lock down again.

>>19284928
well first off what do you call yourself, are you a miner, a pan handler, whats the term for your line of work lol
but back to my main point, does the influx of ore from small businesses like yourself make a dent on the metals market?

>>19284928
South Korea had a small outbreak in Seoul. China just put 100 million back on lockdown and re-opened areas have experienced more outbreaks.

>>19284958
I am a prospector by trade. But I ve done all sorts of other jobs like under ground miner, diamond driller, hunting guide etc.

For the most part I dont actually mine hard rock deposits, I locate them, prove them up and lease or sell them off to a larger company.

My placer gold does however go into the main gold network, usually as nugget jewelry or similar articles.

>>19282064
Looks like about 84 oz.

Hello my fellow negroes, I have situation most dire. I acquired this lovely piece, but what is the abomination of an original mint wrapper this is in? I have not encountered such before, what is it and is it harmful to my coin? Or am I best to leave it sealed? It looks crap. Most of my coins either came in a capsule in case or were bare in case, so I put them in a proper slip case.

>>19285026
What are your top 3 miners to buy stock in right now.

>>19285026
pan man the prospector, not to be confused with pan man the prostate inspector. sorry lol

so in theory you could easily influence supply with new finds

>>19285049
DICKS EVERYWHERE

>>19285050
Off the top of my head

>Pretivm
>Skeena Resources
>Newmont Mining

I can list off more but I am busy making late dinner.

>>19285073
its really fucking rare but yes it does still happen. I am really hoping my little section of claims where my colorful ore sample photos come from will prove to be a major find, but I have to drill and do a ton more work to prove the ground up. If I can prove that the quartz veins that host the silver / gold go to depth than I might be able to get a bigger company to invest or lease the property from me.

>>19276363
Epic stack but you need silver too for the potential moon shot it can do.

>>19284501
True but the krugerrand is such a nice coin that I don't care about the boers.

>>19278520
silver isnt dropping and even if it does the market price has already decoupled from the comex. buy now for the best price you can.

I started stacking beginning of March. I have 109 ozt silver and 1/4 ozt of gold. What should I grab on the 1st? I'll have about $600 at my discretion, I'd prefer some of it to stay as cash for whatever

>>19285094
>not BGM

You jerk

>>19285499
I have mixed feelings about BGM though, I mean they have a giant set of property and amazing drill results, but every interaction I or anyone I know has had with their leadership has been not great. Besides BGM is now Osisko's project, so you would want their stocks since BGM doesn't have their own anymore that I know of.

>>19285094
How about pure gold

>>19285591
Pure Gold is an excellent company. I am very impressed with their Red Lake Project.

Newfag here. How do you resell gold and silver?

>>19285607
What is it about Skeena, Pretium, and Newmont you like?

>>19285643
Local coin dealer, online bullion dealers, ebay, pawn shops(not recommended), private sales like craigslist, alot of guys doing it on Instagram(granted you need reputation)

>>19285671
Skeena Resources has 3 past producing mine properties that already have excellent historic values, and they continue to locate new high grade mineralization on those properties as well. They have all the infrastructure ready build, half the efforts out of the way.

Pretivm has their massive claim group and the Brucejack gold mine, one of the best gold mines I ve ever looked into. A bunch of the guys I know from university work there, either as geos who helped prove the ground or as engineers on site. The ore is spectacular, and they keep locating new stuff all the time on surface. Last summer their geologists discovered surface float 2k away from camp with free mill gold in it that graded 12 grams per tonne. Thats amazing for just a rock sitting on the surface.

Newmont is a well established miner and explorer that has a long track record.

>>19285533

oh snap, I had no idea

Should I buy this?

>>19284501
I refuse to buy SA metals cause of this

>>19285753
not bad, I would say sure. I personally would go for these. but the price seems pretty close
https://sdbullion.com/5-us-commemorative-gold-coins-bu-proof?utm_source=findbullionprices.com

>>19285748
it wasn't very publicized, BGMs stock value halved when it happened too if I am remembering correctly.

>>19285805
People forget that the current SA government has also been confiscating mineral rights the Zulu have held since the British took over. Those rights fed and paid for schools through royalty payments, now that the government has confiscated them they are screwed.

Has anyone ever tried to sell Thai gold in the U.S? Pic related is my smallest one, but have a few ounces (in baht and half baht size) that I bought there. The bars say 96% on them.

>>19286863
whoops, I mean 96.5%. Pic above is upside down, and 1/4 baht (about 1/8 toz).

>>19274725

>>19287224
>teleports behind you

>Just found out that Britannias and other legal tender in the UK are Capital Gains Tax free because it's tender, and in turn treated as coinage
About to go for some FUCKING (maple) LEAFS, but you know what, I think I might spend a little more. Have a few bars and plates in the safe that will get taxed, but hopefully that'll just about duck under the tax allowance for the year for when I short it (then re-invest the money made off of plate/bar into coinage so it only happens for the first short)

Looking forward to the moon mission boys, I might have missed the megadip about a month back, but all isn't lost yet.

/PMG/ is dead

>>19284024
>Maybe I'll take some ASE's off his hands
Uea,you aren't taking anything off anyones hands with that autistic attitude.
Drop the attitude before you get wrecked.

>>19282310
I'm going to put one of those bullets right between your eyes you absolute faggot

>>19288292
>>19288314

>>19288365
Just ignore them anon

Newest addition. 150oz in total now.

Silver dimes are great. I definitely want more constitutional in general.

>>19288437
Nice, how do the Umicore bars look when you flip them around? This one is pretty black

>>19274777
2600oz silver
27 oz gold

>>19274860
Those Monarch bars are kino

How can I carve out some of my kilo bar and fill it with lead? What kind of tools would be needed

>>19288819
A yarmulke

>>19288399
I'm going to smash your face in with that bar. Kill yourself faggot

>>19288897
Post stack

Morning anons. I want to get into PM and was thinking of getting 2.5g of gold, and 5oz in silver, 4 being 1oz coins, and a 1oz bar. What does everyone think? Does separating the silver make sense, or should I just get a 5oz bar?
Also, are there predictions when silver will start to go up in price? I'm trying to buy as much as i can on the dip with being on a limited income.

>>19289049
Don't mess with gold unless you're doing 1/4ozt or above. Just my opinion. You'll get raked on premiums

>>19288261
Threads autosage within 24 hrs

>>19289207
If I cant do the 1/4oz, should I just get as much silver as I can? If that's the case, is it better to split them up amongst coins and bars and the different weights? Or is it all really just personal preference at that point?

Morning gentlemen! This morning looks like good digging weather, I think I ll try a little easier location to dig than my trip yesterday.

>>19277653
Need help, /biz/.

Should I grab the 1/2ozt gold Walking Liberty Commem or a 1/2ozt gold philharmonics random-year? Price difference of $80.

>>19289358
Not based

>>19289570
>1 post by this ID
Don't care, your opinion is trash anyways.

>>19289303
If you find any gold, put it in your bum.

>>19289621
So are your memebacks and your obsession with stuffed toys is offputting

>>19289647
Says the scumbag trying to defraud people.

>>19289292
Just save for a 1 oz. no one wants your shitty fractionals

>>19289669
I just want to know for personal use faggot

>>19289727
You /would/ want a personal use faggot.

>>45151325
>>45151325
It’s happening again

Is Lundin Gold a decent buy?

>>19288529
Mine have some black patches but that is normal. I love poured bars because of the fact that there are no mirrored surfaces to tarnish, no milk spots, fondle away.

>>19289358
Time's up. I bought a 1/2ozt philly.

>>19288261
So are you

>>19274725
worst time to buy silver prm is double the price

>>19290109
Phils look gay. Should have bought american gold.

>>19290450
Phils do look gay

New to precious metals.

At my local coin shop, can i trade silver in for gold (no cash) so that i skip any sales tax? Does that makes sense, no money was touched, metal for metal? Is that a thing

>>19290450
>>19290511
Looks like you found your personal use faggot after all.

>>19290602
What does that even mean

>>19286863
you'll probably get a little under spot because they would rather send it to the refinery than try to move something with moon runes on it.

>>19290108
wait, what? Poured still tarnishes, right? It's just less of an issue because they're supposed to look rustic anyhow. Am I stupid?

Got some Monarch chunkies shipping my way and I'd love to just leave them out on my desk to fondle if they'll really not tarnish, but I don't think that's how reality works.

>>19290610
>I can't read
Oh, and he's a retarded faggot!

List of metals that look gay
>5 ounce rounds of any kind
>philharmonics
>kangaroos
>owls
>brittanias
>2 oz Canadian series
>pandas
>good backs
>commemorative gold coins
What am I missing

>>19290722
Forgot kooks

>>19290722
Taste.
A brain.
A life.

>>19290737
>he thanks bats are tasteful

>>19290748
>bats aren't tasteful

>>19290790
>he’s into dolls and children’s cartoons

>>19290722
What’s wrong with Philharmonics? :(

>>19290816
Nothing they just look gay

>>19274777
220 toz of silver philharmonics

>>19290859
I’m sorry anon

>>19290869
at least i will have bread
mmm bread

Imagine having nothing better to do than troll /PMG/ on a 3 day weekend

273 replies. Do I smell a new /PMG/. Phils look gay edition?

>>19290722
>You

>>19290800
It's funny you care so much about my likes and interests. How's my biography coming along?

What's the best way to verify a 10 oz silver bad besides a sigma machine? A scale? Ice test? Heavy duty magnet? Guy at flea market has some sunshines for spot. I've been buying 64 kennedys for him that are legit but I'm sketched on bars

>>19291012
>look Yukon Cornelius! I turned the wifi off and am Posting using my phones dataplan

>>19291092
B & A flea market in Stuart?

>>19291111
Negative

>>19291093
Guess again.

>>19291197
Show us a timestamped picture of the bottom of Yukon Cornelius to prove that he hasn’t been assaulted

I will shit up every thread until that one anon opens his batbox. I will become the pmg armatard so help me god

>>19291344
Plz dont. These threads are very chill

>>19291344
/smg/ already went to shit with the newfags, I don't need to fuck up the last decent general left.

>>19291417
Not anymore if that box doesn’t get opened

>>19276363
>Holding that much physical gold
>Ripped off by deals on spot price
>30% federal tax on profits excluding whatever state taxes
>Think the gold would mean anything in a societal collapse

>>19291344
Go. Away.

>>19291344
why not just get your own batbox

>>19291532
5 oz coins are ugly

>>19291092
https://www.youtube.com/watch?v=15PD65fNny8&t=621s

>>19291475
What an unbelievable moron. You shouldn't be on the internet, instead doing something more in line with your IQ, like sucking dick for cheap liquor behind a 7-11.

>>19291475
Post freeze dried food and ammo stack

>>19291591
He's probably no guns and envy. I would be envious too of that nice stack.

>>19291591

What was I wrong on? Dealers and merchants will not pay you the spot price when it comes time to cash in. It's not a liquid investment as normies will not have the cash on hand to buy your boomer rocks. You WILL have to pay taxes on those capital gains anon. And that gold will mean nothing in a world where food, guns and property are king.

>>19291675

I have an FN FAL and PTR 91 cuck. What do you have?

Pics or the FN FAL doesn't exist

>>19291752
>Dealers and merchants will not pay the spot price.

No shit they have to make their cut, it doesn't mean you aren't making huge gains.

>Not liquid because the world is ending with only tribal warfare going on.

Nigger please, the world is not going to end. Business and trade will still be going on. When fiat is hyperinflating you think Gold and Silver wont be liquid?

I have guns, and ammo. I have a years worth of food and hygiene. My 2,000oz of silver is going to be traded by ratio's. I'll avoid any taxes by buying assets WITH the gold, IE paying a starving boomer in silver or gold for his house when prices are bottoming.

You're a short sighted egotistical fuck face.

>>19276363
fuck dude that's impressive. How many oz's is that and what's your avg buy price? Also how long have you been stacking?

>>19291862
Neat anon. I started out this year with a Mossberg 590. After this shit blows over I want to have more. How are those two? Would you reccomend them?

>>19274725
you guys listen to bob?
https://www.youtube.com/watch?v=Rt0je79Tuz4

>>19292322
Bob Moriarty is one of those old dudes I would love to talk to.

>>19280193
Ninelets, when will they learn?

>>19292544
>.99999
How far can it go?

>>19292577
To infinity, until you can personally verify every atom in the coin is Au.

>>19292577
There's some gold foil bank notes like the Utah goldbacks that are supposed to be six-nine.

>>19282450
>No exodia
never gonna obliterate

>>19290881
Not allowed to go outside. Governor Mommy said we're under arrest for neo-nazism if we do.

Is 3+ nines more desirable or less due to how easily it dings & scratches?

>>19290722
Kangaroos look like a shitty arcade token yeah, Kookaburras are nice tho.

how do I start with crypto? I wanted to diversify my investments a bit, so it's not PM only and e.g. Lition seems promising. I know I have to do my research, but rn I know literarily nothing about it, not even how to buy etc., so I'd appreciate any pointers to some quality entry level content to save time avoid having to wade through all the memes

>>19293643
Dings and scratches make no difference in the value of the metal

>>19291966
Lol. Nobody is going to sell you their house for worthless gold

>>19293987
Wait and scoop up BTC, ETH and Monero when it crashes this summer.

Question to those who have big stacks: how would you sell it? Will people just accept to buy your PMs for millions of bucks like that?

Can’t wait to shit up the next thread. Back from publix and ready to post

>>19294606
People who want to hedge, yes.
>>19294612
Based

>>19276363
>posts a $200k stack
>mogs entire history of all /pmg/
oof