/biz/ - Business & Finance

>>19311814
What's the current FWTDH status, guys?

>>19311862
Extremely low.
Unemployment is still paying out big bucks.
Wait until this fall and you’ll be getting your cock polished by Christmas.

>>19311814
PMG is the comfiest generals on this site imo

>>19311862
what does fwtdh means? btw no hyperinflation before 2022.

>>19311814
Weinman's obverse bears a resemblance to Oscar Roty's "Sower" design for French coins; according to numismatic historian Roger Burdette "Weinman has taken the ideal of a nineteenth century provincial figure and turned it into an American icon". Burdette ties both the appearance of the head of Liberty and of the branches which she carries to Baltimore's Union Soldiers and Sailors Monument, designed by Weinman. The sculptor may also have drawn inspiration from a 1913 bust he did of his tenant, Elsie Stevens, wife of lawyer and poet Wallace Stevens. Elsie Stevens is generally believed to have been a model for Weinman's Mercury dime; her daughter Holly wrote in 1966 that her mother had been the model for both coins. The reverse is similar to Weinman's medal for the American Institute of Architects, although the sculptor replaced the laurel on the medal with a pine sapling. Weinman's work on the medal had been widely admired for the power of the depicted eagle.

>>19311952
formerly well-to-do housewife

professional TA coming thru (my dad works for goldman)

>>19311952
You sir need to invest in mercury dimes...
FWTDHW

>>19311976
Is the "...and her daughter of questionable age" implied?

>>19312025
of course

Bong here,

Seeking genuine advice, are pic related worth it vs 1 oz Britannias? (as a store of value for shitstorm ahead)

Seems like it's tad better to have multiple quarters vs single 1 oz coin worth more?

1/4 oz quarter is worth £394.60 against 1oz £1,588 atm

>>19312025
That is between you and your dimes.

>>19312025
see
>>19312052

>>19312122
Kek, where did this meme come from?

>>19312144
its organic to /pmg/

35 ounces .999 and 4.5 ounces in constitutional

At what price do you sell some of your stack, anon? Unironically, $50?

>>19311862
Status-Still Well To Do
>>19311952
It's how we measure inflation

>>19312144
>>19312168
I don’t know the source but it came from a story about the degeneracy that erupted in weimar germany where mothers and daughters would work the streets and possibly at the same time to a single client

>>19312196
Love the standing liberties.

>>19311814
got me one of these

>selling PMs

Can we talk about stocks? Which miners do you guys have right now?

Im thinking these based on previous threads:

>Skeena Resources
>Pure Gold
>Pretium Resources
>Newmont

Yay or nay? Thoughts?

>>19312301
Request denied.

>when hes got mercury dimes

>>19312301
what's there to talk about? they've all gone up already. why weren't you asking these questions 3-6 months ago. not trying to be a dick but basically every large and jr miner is up at least 100%. just pick one that looks good or wait for a better entry.

>>19311814
When are premiums going to drop? I want to buy in but I can't justify the price right now. I know they're going to fall.

>>19311814
Great taste in coins anon

>>19312605
Buy LINK instead, wait for LINK to moon, then buy silver.

>>19312665
kys shitcoinfag

>>19312271
I have 40 of the cunts, probably the worst coins I own. They're cheap though, which is a bonus.

>>19312605
When mints start to open back up and catch up, probably fall.

>>19312040
Fellow bong here. I bought three of these last month and I'm buying another 3 next Friday. Take it you're buying from Bullion By Post? If not... 5% off. Definitely worth buying the fractional for liquidity in selling.

I don’t care what anyone says. PMs are the best choice.

>>19312693
>They're cheap though, which is a bonus.
thats why i got it lol

>>19312605
Never. When the collapse really happens premiums will rise.

got some francs and half dollars

>>19312724
Spot on mate, and yeah I've noticed that 5% off and that's what got my hopes up.

Stil waiting for some coins from European Mint (Silver Britannia), hope they will finally deliver. Bought in pre sale, but they got massive backlog to go through.

>>19311976
>>19311984
>>19312214
kek.

make sure to use good locks for your boxes. i watched a lockpicking video recently and the guy although he seemed to be a beginner opened several locks in under 1min.

>>19312916
There's also the Lunar Rat coin at 5% at the moment, just noticed that came on about 3 days ago. Maybe I'll get one, they don't look so bad.

I've never ordered from European Mint, but goldsilver.be are usually cheaper. My last order got here within about 4 days (this was last month).

>>19312740
>covid bars
>libertads
>ases
Very nice anon.

Can I get redpill on secondary market rounds?

>>19312995
There are some that look nice and some that look boring and shitty. Boring and shitty = APMEX round. Nice = Aztec GSM rounds.

>>19311814
Should I buy some fractional silver coins for FWTDH blowies or just all 1oz coins like I was planning?

>>19312995
I got some cool vintage ones from JM a few weeks ago. I assumed they would be boring buffalos but I was surprised

Looking for a good little safe for my guns and PMs. Any recs, /pmg/?

>>19312995
https://www.moneymetals.com/dont-tread-on-me-boston-tea-party-silver-rounds-one-ounce/2
https://www.bgasc.com/product/1-oz-silver-rounds-2020-true-patriot-999-fine-bullion/silver-rounds-1-oz
https://www.goldenstatemint.com/1-oz-Aztec-Calendar-Silver-Round-999-Fine.html

This is about as good as you can do on generic rounds atm. If I've missed a site that has better prices please correct me.

>>19313040
>>19313061
If it aint merc dimes you aint getting any FWTDHWBJs. General consensus is that unless youre spending a shitload of money on a safe it's better to just buy a cheap safe as a diversion and hide your PMs.

'Evening, boys!

>>19311962
The reverse of that coin is fucking gorgeous. A damn shame we didn’t keep it for the reissued coins we have today.

>>19313164
Faggot

>>19313167
I want the gold commem.

>>19313167
Walking Liberties one of my all time favorites bros

>>19313128
Word. I have some important docs in a small fireproof safe atm but it’s too small for all the PM I wanna accumulate. Guess I may hide the fuck out of that safe and buy a larger one as diversion from that AND my PM stash.

>>19313164
hello fren

>>19313225
rude

>>19312992
I used to have
>pic related
But I traded my other coins for eagles and traded all my generic for AGEs. I’m very happy with the state of the stack

>>19312144
checked and someone post the pasta already

Okay should I invest in some mercury dimes just in case the WTDHW markets open up in the near future? Or if this is just a meme then would having some of them actually be a good investment by itself?

>>19313408
merc dimes alone are a meme. They should only be a part of a well-balanced stack. However, they will get you nice blowies one day.
>>19312122
>Right is cuter but I bet left can suck a mean pepperoni

Is a kilo of silver and a few ounces of golf enough to make it?

>>19312208
Trade half in for some gold at 50.

>>19313456
most constitutional silver i see now has been waaaay overpriced for the last 3 months because of all this bullshit

Anybody else backed up the truck on gold and silver miners?

>>19311814
Do people here stack any old world gold coins? The numismatic premiums seem too high for these old coins but Austrian ducats are tempting me.

>>19313471
>a few ounces of golf enough to make it?
nah, your gonna need at least 10 kilos of Golf to survive my fren

>>19313350
Damn those onzas look really nice nice. That older design has held up really well, I think I'm gonna save up for a 50 peso gold coin but the price is so steep ~$2200
>>19313311
Just be poor and then your stack wont be so hard to keep safe :)
>>19313347
Cutest stack in all the lands.

>>19313456
>merc dimes alone are a meme. They should only be a part of a well-balanced stack. However, they will get you nice blowies one day.
what about silver dollars and half dollars?

>>19313602
Too poor to afford to live in a rich part of town. Too rich to not accumulate a fat stack.

How many blowies will one of these nuggets get me

>>19313690
anal

>>19313917
All of them.

>>19313503
I like the 1 ducats. JM bullion had a pretty low premium on the Austrian ones before they sold out.

>>19313128
>General consensus is
more like 2 guys opinion. go big safe, safe/room with vault door or go home

>>19314030
who else has them for a decent price? What do you think of JMBs norwegian ducats?

>>19313947
Oh hell yeah that's what I'm talking about. Not only is the anal hole tighter upon impact than some roasties pussy lips but the mental anguish they feel when they have to submit to my pathetic meet chode while biting their dirty back alleyway sheets stained with the jizz and spit of countless clients, the failure of providing for their questionable age daughters going through the same humiliation next room over gets my apocalyptic boner to full last! They will rue the day they decided to rely on another man's dime and not their own hands. Down with the roasties my day of countless ejaculation will come!

>>19312208
You don't. It's insurance against clown world. Sell it when you need money to eat. Maybe trade for gold when the gold/silver ratio gets below 30.

>my 220 toz of silver philharmonics are equal to approximately 3080 merc dimes
am i going to make it?

how many dimes a year will a local warlord enforced live-in slave gf cost after the collapse?

how many dimes will a local warlord enforced live-in slave gf cost after the collapse?

>>19314328
if it floats flies or fucks, cheaper to rent

Bought these for 17.50 a piece two weeks ago. Have em on craigslist for 230. Wish me luck : )

>>19314352
i don't want to risk fucking sloppy seconds

>>19314359
Are those even made out of silver? The finish of them does not look like how silver usually tarnishes. Also, only one of them even makes any mention of the quantity and fineness of silver.

To any leafs: how much duty did you have to pay when buying from american sites? I bought some stackers off the scottsdale mint and I'm a little worried how much I'm going to have to pay when it (finally) arrives at my door

>>19314146
Order them directly from the Austrian mint at spot. They still mint restrikes.

>>19314359
>>19314431
keke, i was gonna say, those dont even look like real silver lol

>>19314431
>>19314474

>>19314526
does it make a proper hefty klinking feel and sound when you fondle them together?

>>19314554
Of course. I'm not an idoit. They were just tarnished so my lcs had them 2 dollars over spot.

I think they're ugly too. Lol.

I was getting american silver egales for 20.50 two weeks ago.

>>19312301
Pure Gold my nigga, if you can access the TSX. Still under one USD if you're a burger.

>>19314612
>I'm not an idoit.
but, lets be honest here, you are on 4channel. so, its almost implied that you could be clinically retarded.
we have know way to be sure.

>>19313324
>I will protect it

New pickups, paid 200 for the lot and I’m extremely impressed

>>19314766
Fuck forgot image

flex posting for inspiration and motivation

>>19312168
>>19312232
definitely a 4chan thing, I know I've heard about it on /pol for years maybe as far back as 08 (was /pol a thing then or was I on /b in the politics general. being old is lame, fuck this over 30 shit lol)

>>19314843
Is that scar chambered in real fuckin nato? If so great taste in firearms fren but I am concerned about the lack of optics. You might also consider investing in some gold also, it saves on space.

>>19314927
yup. got an aimpoint PRO but its on a carbine. so far the 17 is just for looking at and fingerbanging

>>19314843
>seated half dollar
>excellent taste in firearms
>huge batboi
>giant bag of constitutionals
>all sitting on the comfy type of carpet

Holy fucking based

>>19314620
etrade only but they are there for 90 cents

>>19314843
nice presentation

>>19314843
Why allow yourself to be on a list just to own those SBR's? Still mirin though

>>19315029
much appreciated friendo

>>19315099
>>19315100
checked. its a "pistol brace" till the dog shooters change their mind

>>19314843
Very very nice anon. Respek.

>>19315175
thank you bump

Is buying 12 gold 20 franc coins a good way to stack gold as my first gold purchase or should I buy other forms of gold? I was hoping to eventually end up with a bunch of small gold coins to fondle

>>19315801
you can fondle these nuts

>>19315854
Only if I become a formerly well to do housewife

>>19314843
How long did it take you to get everything? I just bought my first silver the other day. Why no gold?
Are those mp5s clones or the legit ones hk just came out with?

>>19315872
but that's impossible

Nice

>>19315854
got a merc?
>>19315801
I would not fondle my gold desu. Gold is pretty soft and reactive and it gets FUCKED

>>19316006
gold is gold. rubbing it with your sweaty cheeto stained fingers isnt going to change it into rusty radioactive waste

>>19316006
Gold is literally the only metal that doesn't corrode or tarnish in any way which is one of the reasons why it has been money for thousands of years.

>>19314843
very nice anon, your weapons and silver choices lead me to believe you used to be a europoor lol.

>>19314843
What's that heron round center right under the 10 oz silvertowns?

>>19314843
holy shit
i wish that was mine

>>19314843
Please invest in a Home Depot bucket full of 2 oz monarch chunkies

>>19314167
Holy based

>>19316087
On addition to that it's also the best conductor, better than copper at least. It's really great for tech.

Great news frens!
COMEX just opened and SLV is plunging hard, if the trend continue few more hours at this pace it will be a good time to stack up some extra silver for cheap.

>>19316892
At what point should I FOMO buy? I was waiting until end of June when I’ll have more liquidity but could start to stack now if it drops significantly. But what price is that?

$14/oz?
$13/Oz?
Less?

how is everyone on /PMG/ doing today? I spent my day getting this heap working with buddies. Were cleaning up all the spilled concentrate under the shaker, I think I got loads of gold today, going out for more tomorrow but there is so much pyrite in the dirt it makes it a bitch to do clean up.

>>19317027
if futures prices(spot price) lowers then physical will get more expensive

>>19316892
What about gold?

And does this mean I can finally buy some ASEs without the stupid $10 premium per coin? Fuck

Does pmg like big coins?

Here's my ministack. Waiting on an ounce of gold I recently ordered.

Bigger pieces I got today, nothing special, the real good stuffs in the bucket with the pyrite. Buddy in the photo thinks hes got at least an ounce today.

>>19317211
No it is generally accepted that 5 oz and above coins look like shit

>>19317120
What's in the can?

I'm doing great. Got a lot of work done in the garden. Trying to grow one months worth of food this year.

>>19317277
this is a tommel / shaker setup, to deal with the clay that is a pain in the ass on this ground. It has big gold in it but doesn't wash, so the trommels baffle plates break the clay down for washing. That material than goes into the screens and than the sluices where the gold is caught. There not running yet, just cleaning the plant up to be ready for work in a week.

Only brainlets are stacking pms now. It’s better to stack cash since deflation is coming and gold and silver will plummet.

>>19312301
$NAK and $PLM if you like small cap with a lot of risk

>>19317310
What comes after deflation?

>>19317310
Why not both?

>>19317310
>and GLD and SLV will plummet.*
ftfy

>>19317344
Doesn’t matter, it’s best to buy during deflation but you wouldn’t undertstand since this is a suckers rally.

>>19317310
>fed printing trillions of dollars
>rumors of second round of Trumpbux
>probability of anything BUT inflation in the foreseeable future...

Lol good luck with all that fiat, fren
We’ll make sure your wife is taken care of, though

>>19317305
I meant that little orange can on the bench. Are you guys drinking beer on the job?

BTW, I work manufacturing pressure washers. Are there any sort of portable pressure washers people bring up into the mountains for mining? I have some ideas. Most people don't know but pressure washers are 100% derived from hydraulic mining systems.

>>19317369
>no goy keep dollars, metals will only go down.
I mean silver should dip a few times but I doubt we'll see a ASE for under 19 again
>>19317385
inflation takes 2-10 years to show up from the time wealth was created. and the US exports its inflation abroad. we'll only see inflation if multiple countries dump the dollar at once

>>19311814
Just a reminder 1/10 of an ounce of silver has been historically a days minimum wage, every ounce you stack is 10 days of work.

>>19317398
Do you make trailer setups for washing without a running water source

>>19317398
o lol no the owners wife runs a dry camp, its root beer!

there is a way to use a pressure washer to "ground sluice" areas for mining, but its easier just to add a narrow nozzle on the end of a 2 inch hose and blast away that way.

>>19317385
If anybody thinks inflation is coming first then they need to get their head checked. All the smart money is waiting for deflation since the money printing is a deflationary trap that is plain clear to see. I can’t wait to stock up on $500/oz gold and $10/oz silver while still having cash. Oh but wait maybe I’ll just buy a home instead since mortgagers are going to go pink.

>>19317428
No but that's not a bad idea. You could do it with any sort of water tank for irrigation.

>>19317430
2 inch hose has enough pressure? I'm talking 10K PSI my man!

>>19317420
just a reminder, historically people lived without indoor plumbing, without electricity, without refrigeration, without...

>>19317433
$10oz silver... yeah right. but I mean at that point i'll spend the extra 3% and put it on a credit card lol

>>19317470
I saw a dude sent flying by a two inch pump and hose, if you do it right you can cut hillsides down with that. 3-4 inch hose necked down to 1 3/4s does better but will kill someone if your not careful.

>>19317433
>I can’t wait to stock up on $500/oz gold and $10/oz silver
Stop acting retarded, your dream fueled prices are below extraction costs.

>>19317332
What made you interested in those?

>>19317433
ok, keep us posted on all your purchases lol

>>19317483
Anybody stocking up on Silver right now is a retard that doesn’t know what they’re doing and most of the posters itt are in this category. It’s the same song and dance, Silver is gonna plummet and the dealers aren’t going to stick with a “decoupled” price. That gimmick only worked because of the fomo that corona induced. You guys are such suckers I feel bad for you that you fell for it. This happened back in 2011, even though Silver was priced at $35/oz, dealers were selling them at $50/oz and suckers bought. 2 years later and the price gradually decreased to $14 and the dealers couldn’t stick with the crazy premium since the massess didn’t believe the fomo event that would have unfolded back in 2011/2012, namely being double dip recession which Obama avoided.

>>19317527
Small market caps with huge upside. They are mineral deposits both located in the USA. Expect to lose every single penny invested. DYOR. GL

>>19317470
Here is a very simple setup. Google pressure washer trailer for larger examples

havent had time to go through my rip'd gpa's coin collection anymore to research and/or post them for you fine gentlemen, but I will sooner or later

it's been a long fucking week and tomorrow I'll be relaxing with some friends... Tuesday I think that I will make a long drive to a coin shop for the first time. If nothing else, I hope to get some mercury dimes, but I wanna see what this old dude has for ASE's and I'm interested in other constitutional coins. I found this coin shop on youtube and it's about 2 hours away from me but the owner seems really nice, and sells stuff way closer to spot than I really expect anyone to, so I'm gonna go straight to him before I even bother with anyone local

there's just so much I wanna do but so little time... I don't even need to work this much but I'm greedy

>>19317519
Except deflation would reduce the extraction cost since the dollar would be worth more than it is right now.

>>19317565
>100:1 silver:gold ratio
>silver is gonna plummet

U wot?

>>19317565
says anyone stocking silver is retarded, then proceeds to tell us 15 dollar premiums are a reality... hmmm anon you keep using that word, I don't think it means what you think it means

>>19317211
a 10oz or kilo kook just look kooky and I fucking want one

>>19317637
You’re not understanding, shame. No wonder you’re buying at the top, like always I bet.

Anybody arguing about price is dumb imo. Silver may go up or down in the short term, it really doesn't bother me. I'm a silver maximalist, I don't own currency on principal that I don't want my savings inflated away to bail out banks and pay for immigrants to have more ugly low IQ children. Nobody knows what the price will do but on principal I will put all my savings into silver because governments or banks can't steal it.

If silver goes up, I buy less, if silver goes down I buy more. I'm the long term I'm guaranteed to win because Central Banks are guaranteed to never stop printing. There are too many failing banks and financial institutions, there are too many shaniquas who need to feed dey kids for them to ever stop printing.

I didn't do to bad today, but my mentor "Trapper" Dave and his wife cleaned up this in three days. Lucky bugger used one of my rocker boxes to do it too.

>>19315875
more than 8 years. in the last 5 ive really dropped the hammer and been stacking hard. i wish i had more gold but looked at a LOT of info from '08-'11 and the percent gains were multiples better for silver. but like they say, you can hope in one hand...
the folder is an mke and the 'pistol' is a new hk. good eyes anon

>>19316097
well the great grand folks use to be europoors but gtfo before the Great War

>>19316176
its a sandhill crane commemorative round

>>19316259
it can be anon. just keep the faith and put your own style on it

>>19316322
dubs demand it now

>>19317219
thats a big bar

>>19317711
based stacker is based

>>19317722
That looks like quite a bit. How many grams would that be once refined?

>>19317722
very nice, looks like it'd pay the bills for more then 3 days lol
>>19317711
I agree, you can't focus solely on the value in US dollars. I mean I spent 23/oz for some ASE's when spot was 14.ish/oz but I don't feel bad ase's have only gone up in the short term, and i'm sure I would have spent my trump bux on something I didn't need like a better video card...

>>19317738
Yeah, 100oz bars are supposed to be harder to offload, but one day I want to have like 30 of them to just look at. Not practical perhaps, but awesome nonetheless

>>19317794
Dave didn't say a weight, which makes me think hes got more and just fucking with me. There might be an ounce in there with the nuggets, but knowing Dave hes probably found more and hidden it.

So form recent posts about people arguing buying or holding off on silver/gold and if we will inflate or deflate..

I should just hold onto my several grand in cash and wait for better prices?

>>19317826
depends on if your willing to pay the premiums right now.

>>19317865
fuck misclicked on phone.

If your willing to pay the premiums on PMs than go get some, if not save your cash for when things are better, but at the moment i am not sure when there going to go down any major amount.

>>19317815
online you should be able to offload them, but shipping and insurance would be a bitch, i'd guess 30-50. but I don't know of any local coin shops who want them...
>>19317826
wait but don't wait to long

>>19317433
Did nobody tell you? gold rises in deflationary environments. See the 1930s

>>19317513
Must be some fucking crazy gallon/minute pumps on those lines my man

>>19317992
No I am misremembering, dude got the shit kicked out of him by a 3 inch pump not a two inch. I ve used a 6 inch pump and 2 inch monitor gun in the yukon though and you really have to watch where that waters going, it will obliterate anything it hits.

Based or cringe?

>>19317211
I buy the 5oz lunar silver coins. Not because I collect them, but because other people do. Some of the older ones go for big premiums so when I can get them cheap I buy them. All of the lunar series is pretty good for making money off collectors.

FORMERLY
WELL
TO
DO

>>19318064
If you like them, that's all that matters. But as a means of buying precious metals to hedge the purchasing power of your money, I think they're terrible.

>>19313324
Based Yukari silver chad

>>19318106
What is it about the Merc dime that makes it so based?

>>19318250
FWTDHW

>>19314467
Thanks anon, didn't realise I could pick these up so cheap

>>19314467
>>19318366
Maybe im retarded (I am) but I cant find it on any aussie site

>>19318177
How? MUCH easier to spend than even a 1/10th OZ.

>>19318539
Austria. Not Australia.

>>19318562
kek I am retarded

thanks

>>19318562
Not at spot, $212.25 per coin. Still cheaper since everyone else is sold out or has them for 230+

>>19317912
>>19317884
How long 2 wait for prices to drop? Even if premiums drop won’t that probably coincide with a rise in prices per Oz? If I can score 1oz silver coins for $20/piece or so should I just go for it?

>>19318668
I have no answer to that bud, if things return to sanity than prices will drop, but things arent returning to normal.

Call me a crazy /x/tard but hear me out:
This doesn't feel like a normal three day weekend. It feels extremely long and drawn out. Keep in mind, I'm not a wagie, so weekends and normal days all feel the same for me now. But this particular "three day" weekend". Holy shit, it feels like an eternity. Something BIG is about to habben, something HUGE. I don't know what it is, but I can feel it in the air.

>>19318692
Since these prices aren’t ahistorical, what would historical premiums look like for these prices? $2 above spot?

>>19318726
I am honestly not sure, I would have to think about it, I ll reply again in a bit. I don't want to give you a number thats wildly off target.

>>19318700
Fuck off bobo

>>19317722
are you still cleaning up old tailings?

>>19318857
no that was me being borred because I couldnt get out where I wanted to. Today was basically the easiest gold I ve gotten in ages. The equipement my mates are running is full of wear holes from last season, this clay grinds steel like a sand blaster. all those little holes drop a bit of pay dirt out, a drop here, a drop there. It builds up. They got 690 ounces last season, and we think now they lost 20-30 ounces from spillage. I am going back there to clean more of that up, and I ll give 15% back what ever I find for the owners share.

>>19318631
I managed to get my hands on some 1 ducats for $203 ea. before they sold out. The Dutch ones are still available and aren't too bad a price.

>>19311814
Silver is at $17/oz
Buy in now, or wait for it to go to $15/16?

>>19312040
Whatever happens, if you're a bong, prioritise bullion tender above all else. You don't gotta pay Capital Gains Tax on a dime you make off of it. When you're working on a smaller level (like silver) it's less pronunced, but if you're making major purchases, the bit extra you drop on premium will be made up for not having to pay gubbermend 20% of your profits past ~10k

What was the spot price of gold in feb and march?

The person who posted the pic of the animal getting taken out by the snake, you ARE MENTALLY UNSTABLE! YOU DESERVE TO DIE THE SAME FATE!

>>19319241
Relax bro, it was a paid actor. Question everything, believe nothing.

>>19317211
I like the stackers, but I've yet to see what the frisbees look like in real life

>>19314766
I've done three lots so far, one was based the other two sucked dick

>>19314843
Based ass nigga

How do you buy gold in less than 1/2 oz without it being overpriced?

>>19318700
its called ww3 to the laymen

>>19318700
Yes, linkies are about to make it.

>>19318668
right now, i'm buying just about any govt coin that's under 20oz. so literally just specials, i would suggest doing the same, hopefully by august prices will have dropped some and we can get ASE's at a reasonable price...

>>19319600
What sovereigns are you finding under $20? Closest I can find atm are Britannias and Phil's both around $21.40 I believe

>>19319616
i recently got some of those austrailian 1/2 ounces for under 10 a piece, i got some kangeroos for 20.07 a couple weeks before that.
but i usually see one on sale every week, they just don't last long

>>19319393
From what I've seen, Ducats and Pesos have been the way to go to get actual coins for decent premiums. Only thing is they're .900. If you can get a good price on Chinese Pandas you can consider that too.

When buying gold, what do you guys prefer? Bars? Coins? Fractional? 1oz or higher?

>>19319736
Whats wrong with .900?

Silver: $17.24 USD - down $0.12 from an hour ago.
Gold:$ 1737.16 USD - down $7.85 from an hour ago.

The plan: silver & gold will rise only in a market that is bound to crash in the next 4 years as we war with China.

NATO is nothing without the U.S & the U.S has to invest more in South America else we are not going to make it through this - thr liberals will sell out to China.

Keep 30% of precious mental regardless of a crash - sell at a market high when gold rises to nearly $3100 USD, self sustain, plan.

>>19319757
Why sell back into fiat if the markets are crashing and PM's are rising? If markets are crashing and war is looming with china then PMs wont dip to rebuy low with all your new fiat

>>19319140
I really hate this picture

>>19319760
that spread is 110% American Brother!

IMHO if things get bad, gold at $3k is nothing. Maybe sell at $10k.

>just got stable employment
>thinking about getting into coinage
>too many questions and the answers don't make sense.

Can any of you help?
Here's what I don't understand. There's a lot of discussion here about buying precious metals as a hedge against inflation, or as a preventative measure against a worst-case-scenario downfall of infrastructure which would leave paper currency valueless. That makes sense: if your wealth is in metals, the value won't change as drastically as paper money. Here's the part I don't get:

>who is going to trade food/toilet paper/ammunition/cigarettes/cigarette lighters/hunting materials etc. for...some silver coins?

In other words, you're buying right now...but when do you actually sell the stuff, and if so, how much of the value is knocked off due to taxation, % taken in the transaction, etc? None of this makes sense to me at all, but I would like to know if there is an answer to this, or if it's prep stuff....

>thanks in advance...

>>19319838
YAAAAH Hogan I remember way back when the Mega Power were bonded YAAH

>>19319885
Much like linkies, NS friend :^)

>>19319892
It’s also a way to pass your wealth down generationally without getting fucked by taxes. That’s my main goal. People will also need silver for use in infrastructure maintenance (ie repairing their Mad max cars) and other industrial uses. Plus it’s stable currency that will always hold value so people will want it as an intermediary versus bartering food directly.

>>19319892
Bartering is complicated and cumbersome. Metals give an easy medium of exchange. If you think we're going full caveman SHTF, buy ammo, food, water, etc...metals are for serious inflation, hyperinflation or after a serious SHTF scenario. That's not saying they still wouldn't serve like I said earlier as a medium of exchange in a full mad max world where bartering can be complicated and cumbersome. Just depends on what you think is coming, plan for that, or just cover all your bases. Most of us see default on our debt/hyper inflation in the future. Hopefully it never collapses and you'll just have some metals to sell one day, if it does you'll be somewhat secure in your purchasing power, might even come out on top

>>19319892
It's not for Mad Max, it's for Weimar Republic

>>19319892
well first anon, it'll never happen in the US in our life times. but if it does fully collapse. and silver and gold become worthless, i will gladly trade you one bullet for one mercury dime, food i don't have as much spare so yeah far more for that lol

How much gold and silver to make it? Not to live as an emperor with 1000 mother daughter harem but just to live comfortably.

No faggot numbers like 100000oz gold

>>19319788
What i am getting at is PM's won't hold any value during any initial collapse. After 1 generation post-colapse is when our children or grand children will be able to build an economy based on PM's rather than the oil/FED dollar.

The only thing that will hold value in a crash will be bartering & trade. Silver & gold is only useful prior to a crash or a currency backed by gold & silver.

A post collapse society must be to the point of prosperity before gold & silver become the currency again.

So what am I saying?
Use the market high to purchase & learn a self sustainable life style free of debt while having a trade/office job that's going to help pay the bills. If anything keep a side business ont he side run by your wife & children in the day while you work or create a skeleton of chores for them to complete that teaches them a skill....

Some options...
1.) Create soap on your off time. That means handling lye, so be careful & don't let the kids in the training too soon.
2.) Woodworking - easy foot peddle grinder/spinning blade
3.) Sowing/weaving.
4.) Getting a little experience with black smiting
5.) Learher/tanning hides & such
6.) Dry lay stone work or even learning brick laying - local brick laying unions are around. Not saying quit your day job for this. Look at your local county centers for
dry lay gatherings. These exist.
7.) Offering to donate your time at a cob house association where you can learn a little.

There's a lot of options to learn just one extra skill to self sustain. Get into a good moral community now rather than later.

Gardening is essential & should already be in the works.

>>19319915
Lots of things here, but they're not connected, and I have questions with them all:

1) Generational issue: wouldn't silver bars and coins and shit like that be considered part of the estate, and thus subject to taxes when you die and your will is dealt with? Granted, I don't know where you live, but I can't imagine why it wouldn't be something of an issue (unless your treasure chest is 'found' by your relatives at a convenient time or something after....). Why would it be outside the idea of claiming anything else that was yours and given to your children?

2) I understand the industrial use of both metals and that makes sense.

3) The 'stable currency' that could be an intermediary is the problem I don't understand. Only people whose immediate survival issues are taken care of would want this stuff in a societal breakdown; they'd have to already have ample food, energy (i.e. gas or other power), security, etc., and only if they had extra would they want to barter other useful things for something that isn't. In a societal breakdown, that is....that's what I don't understand.

So Anon, you're buying with the express intent never to sell...is that right?

>>19319937
But this is my point; to cover all the bases in any situation, you need land, the ability to make food, the ability to find or create clean water, to keep you and your property secure 24/7, etc. This is a prerequisite to having silver and gold for the day when the government gets its act back in order and starts accepting it in lieu of their new paper currency. I don't understand at all why metal is a priority if all the other things are not taken care of first. Lastly, on your final point, once again I'm curious; are you going to sell your precious metal at some point in the future (I don't know...retirement?), and if so, who will buy in bulk what you have without shitting over the value through % and tax and all that?

None of this makes sense to me. Help.

>>19319892
>In other words, you're buying right now...but when do you actually sell the stuff, and if so, how much of the value is knocked off due to taxation, % taken in the transaction, etc? None of this makes sense to me at all, but I would like to know if there is an answer to this, or if it's prep stuff....

It depends on how much PMs you have. If the world is such that fiat currencies are quite stable and economies are not bullshit economies reliant on quantitative easing; low, zero, or negative interest rates; and serial bubble blowing, you could arguably sell all of your PMs and invest the proceeds in other assets without having to worry that the currency of record goes to pot. That doesn't look likely.

So in an insane world you should always have a certain quantity of PMs to hedge your currency risk. What that quantity is depends on your idea of how risky all other assets including cash are. I would say in this environment, that percentage could be anywhere from 5% of your net worth to 30% of your net worth.

Depending on your intentions, you can overweight your allocation to PMs and sell periodically when you feel that the prices are high, potentially going underweight if you feel the prices are very high. No one really knows what a high price is because PMs cannot be analyzed like securities. You'll have to do it based on a feel for geopolitical and economic situations as well as what percentage of your net worth PMs become as they increase or decrease in price.

>>19319892
Very simple answer, as seen in Venezuela people will sell to a we buy gold store or similar establishment, and on the same day buy the supplies they need with fiat they have before it inflates even more.

>>19319755
>Whats wrong with .900?
It's not .999. .900 is simply put, only 90% gold, 10% another metal (usually copper). It's not worst thing in the world, given that it's not like the value of the gold isn't there, or that no one's gonna want something that isn't 99.99999% gold, but it's still a downside.

>>19319974
Okay, that makes more sense. But a Weimar Republic scenario usually results in complete destruction of the infrastructure, with famine and war soon to follow. Unless you can protect your stash and have other things to barter with for food and supplies when yours run out, why would another starving family trade their bread for your gold?

>>19319976
I don't think it's going to happen in North America at all, certainly not unless something serious happens that destroys the rest of the world. Look, I love the idea of collecting a silver coin and a gold coin just to have. You know, to look at or admire how much hard work I've done and shit like that. But unless there are people who are willing to buy this shit back when you really need to sell it...I just don't understand why it's not any worse than investing in the stock market and holding the stocks over the period of collapse (and better yet, buying stocks when they're near rock bottom as best as one can estimate). I know it's physical, and stocks and bills are digital and subject to inflation, I get it. I just don't see the difference in the long run because of how humans use and barter this stuff.

If I were some superrich dude who was living in Venezuela before the collapse, I'd either have to have my gold stashed outside the country or I'd have to transport it out before things got worse. In other words, I wouldn't be there for when shit went down. Why would anyone else with the means stay? Why wouldn't I park my fortune in a Swiss bank account and go to Jamaica when shit goes south in Bolivia?

>I appreciate you Anons taking me seriously...I'm still new at this.

>>19319996
Well it's all what you plan for anon. Don't over complicate it. Personally I see hyperinflation but not full Mad Max, and if we do go Mad Max I dont see it lasting for a prolonged period. You can resell to coin shops, online dealers, peer to peer, etc...

>170oz just bought
Well on the upside for the thread, you guys can probably see another entry point as it falls all the way to a record low.

>>19318550
That's what junk silver (1964 and earlier coins) is for. It is relatively well-known what prices were for things back in those days and the coins are far more durable than paper with gold somewhere on or woven into it. Finally, the coins are widely recognized unlike those gold backs. I don't really see a future where we will need to transact using metals so that further makes the gold backs a poor investment.

This is just my opinion though. I dislike the gold backs because I don't trust them, there's not enough gold in them, and the premiums are lousy, especially for a product I see as inferior to alternatives. I suspect a lot of people looking to buy PMs feel the same way. And if we get to a Zimbabwe like scenario, who's going to trust a gold back? In such a scenario, I bet it'll be far easier to find someone who trusts junk silver coins and a person who trusts a gold back.

>>19320087
I wish silver would hit in the $13 range soon. I would drop $5,000 if it did. More if gold hit $1400's too

>>19320087
3even if it crashes again it doesn't matter. Premiums probably won't go down under $15 and it's still selling out online

>>19320107
It sucks because I want to say you're wrong, but in this clown world it really is a possibility that the world would never use precious metals as money again..

not a gold buyer myself but saw these 20 corona coins (.196oz) for $353, thought i share
https://www.providentmetals.com/1915-20-corona-austrian-gold-coin-au-plus-restrike.html

>>19320032
This is very interesting to me. How do these stores that buy back the precious metals stay afloat in a situation like this? i.e. do they eventually sell the precious metals to..the government? Do they give it instead of currency to the people they rent the land/property from? If I think about the entire chain of person paying person paying person...there's got to be a point where the buck stops. Also, if you're in Venezuela now, I'm very curious: have people run out of gold? If so, what happens then?

>>19320046
I appreciate the idea of 'don't over complicate it', but honestly...5%, even 10% of someone's complete net worth is a lot of money. This isn't a decision I take lightly, and therefore it's something that I want to know the strategies behind before buying something that no one wants to buy back except with fees attached.

In other words, I don't see this stuff being useful in a Mad Max scenario. With hyperinflation, it's extremely unlikely where I live, to the point where I'm not worried about it.

I guess what concerns me is that there are only two viewpoints I keep coming across:

1) Investment websites: they all recommend that precious metals are nice but are for the long run and are not useful in the short term. Further, they don't increase in value the way that stocks do.

2) Gold and Bullion Dealers: The risk of inflation is too great to take a chance. Buy precious metals now before it's too late.

I guess I'm trying to find the truth somewhere. I wouldn't want to end up with 200k in gold that when I need to trade it in no one can buy. (then again, the same thing could happen if the computers that run my banks and the stock market simply....went kaputt.)

>>19320145
I bought one of these the other day, waiting for it to show up. First gold purchase. The only downside I see is that it's .900, but I'd love to hear if anyone else thinks there's something wrong with them.

>>19317211
I bought a 1 kilo libertad accidentally.

>>19320124
Until the mints all open back up and people stop panic buying spot could drop to $5 and it wouldn't mean shit with these premiums. I'm holding my cash for now. I don't think we're in the end times, not yet.

>>19320134
I'm not saying that specifically. It's entirely possible that we go back to a gold standard or maybe a fractional gold standard although the central banks would resist every step of the way because they would no longer be able to swindle people and perpetrate massive frauds.

I'm talking about a period of chaos or anarchy where no contemporary government fiat money is trusted as during the dying days of the Weimar republic or during the days of Zimbabwe's hyperinflation. I just don't see that occurring in the developed countries because the developed countries have ways of quickly arresting hyperinflation.

But even if it were to occur, I don't see gold backs getting widespread use and I don't see a lot of people desiring them as money.

Why does no one buy the Norwegian Ducats? They are the same price as the Austrian/Dutch Ducats and the same purity and gold weight but the Austrian/Dutch Ducats always sell out and no one ever touches the Norwegian ones. And the Austrian/Dutch ones are restrikes, I thought no one liked those?

>>19320147
you write so much text, but i'll try to answer your question.
most generics get bought up by dealers, are sold for spot to refineries who make new bullion or just more generics.
back in the early 2000's silver maples would get sold for spot and turned into ASE's lol
its crazy but it seems like the cycle is coins in demand are saved everything else gets melted down to make fresh coins

>>19320174
I want to hold too but I am fomo'ing gold hard right now.

>>19320147
Oh I mean don't overcomplicate these "scenarios" in your head by projecting. By all means dont rush into dropping a large percent of your savings without a gameplan. I live on a very fixed income so I just put a little cash every month towards metals. Hang around the thread for awhile too, there's alot of variation in reasoning but the most common is protection from inflation. Check out Hidden Secrets of Money on YouTube as well, it's a great little mini series

>>19320174
do you have any links of mints shutting down, i don't know of any mints not producing.
its my understanding the premiums are holding because demand is holding, when demand drops storage space will drop and their premiums will come down...

>>19320164
There is nothing wrong with 0.900 fine gold. In fact, for a circulating gold coin, that is probably better than 0.9999 fine gold coins since the 0.900 fine gold coins are harder and more resistant to wear from handling. The 0.9999 fine gold coins are really only for coins that aren't circulated. They're more fun to handle and can be repurposed more easily.

>>19320192
Sorry about the wall of text; lots on my mind and I want to be clear. I'll try to be brief.

So, the refineries will make more from the old stuff, with the idea of reselling back to the consumer. In Weimar, no one would be able to afford; do the refineries just hold on to it, assuming they get bailed out by govt? Thx.

>>19320211
Thx for the recommendations. Protect against inflat. makes sense, I just don't understand the endgame.

Hypothetical: I'm 70, just retired, and I have a couple hundred thousand in precious metals. Assuming I have them stored safely, who is the best thing to sell them to? A bank? A bullion dealer online? The practicalities of this don't make sense to me...

A new question: why do you guys do silver and not gold? You can hold more value in gold by mass than silver, and when would the price of gold go down to a level that you find reasonable to buy again?

>>19319838
>>19319894
Analbro what are you doing here?

>>19320231
.9999 is so soft you can literally scratch away small chunks with your finger nail.

>>19320147
>I wouldn't want to end up with 200k in gold

I don't think you'll ever have to worry about that : - )

>>19320147
You have to see the larger global economic picture. Do you think the global economy is going to look the same or function the same in the future? What about markets? I personally do not.

I do however know that PMs will always have their place in society albeit possibly just industrial / collectors / the Uber wealthy hoarding them. I also think that there will always be a market for purchasing them, albeit probably in smaller quantities at a time than when I buy them, and I’m okay with that.

To answer your earlier question, no I do not plan on ever selling my metals. I plan to give them away to interested family over the course of my golden years, or sell small quantities to support myself if need be.

But you’re also over complicating an apocalypse scenario. If you have guns and gold you can probably get whatever you want either by force or trade. If you don’t see why people would ever want PMs in that scenario I dunno what to tell you.

I have about 30% of my net worth in PM atm but plan to up that over time and sell off if need be, possibly reinvesting later when prices go down, as another anon mentioned.

>>19320258
It's not when it's struck as a coin. If you've ever handled a Canadian Gold Maple Leaf and tried scratching it with your fingernail, you'll see what I mean. I can't remember exactly the reasoning for the hardness but I think by rolling the gold into sheets and then putting the punched out planchets through a high pressure press during the minting process, the crystals or lattice structure of the gold is aligned in such a way that it's harder.

Even so, the coin is very soft and it wouldn't be too hard to get a very sharp knife and shave away little bits of it to debase the coin.

>>19320251
most refineries don't have a set mint amount when they make coins, the US mint will make ASE's on demand after the initial batch. but its my understanding people will buy ASE's even at 50 an ounce. like there's a reason the premiums on them are nuts.
but back to who would buy at those prices. normies are idiots lol. and will FOMO(fear of missing out) into metals

selling depends on where you live, i would suggest with that much metal to find a couple local coin dealers, i would sell amounts of less then 5k a week to them, and online works but taxes and what not... not that i'm opposed to taxes just sometimes it gets ridiculous lol

>>19319894
LEMME TELL YA SOMETHIN' BROTHER
JAY POWELL YOU BETTER START SAYIN' YOUR PRAYERS AND TAKING YOUR VITAMINS
CUZ WHATCHA GONNA DO WHEN THESE 24K PYTHONS RUN WILD ON YOU?

>>19320270
Since the other Anon complained about my wall of text, then I only have this to ask you:
>Why go with precious metals instead of stock market investment? Are the only answers 'in case of hyperinflation' and 'Mad Max'?

>>19320286
Maybe I should put it another way. Historically the trends for the stock market are that it always goes up, even though it has periods of devaluing (sorry for terminology, don't know better at the moment). A diverse portfolio will be fine, in other words. PMs on the other hand do not increase in value as much as stocks historically, and unless you are in a scenario where all fiat currency is shot, then holding gold for 30 years isn't as good as value building as holding stocks. So, why PMs?
Regarding the global economy, I agree it's not going to look the same, but I don't see it collapsing to the point where all major countries have significant inflation. The western countries are too protected against that, so there once again isn't a reason not to invest in stocks.

Finally, if you are holding PMs and need to sell because of hyperinflation, wouldn't other people also need to sell at the same time, thus lowering the value of what you have? Obviously it would probably be better than the inflated fiat currency, but wouldn't it be better during crisis to buy at the low price and hold until the economy gets healthy again, and then sell?

The timing strategy doesn't make sense to me, in addition to the practical usage in hyperinflated situations.

>give them away to interested family
Awesome.

>>19320310
Thx; that's what I meant about the practical endgame questions. That makes sense.

>>19320378
so, i think you're in the group some of us are in. and just want metals to be a good investment in less then perfect times.
to me, you invest in metals when the stock market is high, and when metals moon sell and invest in whatever...
i wouldn't ever suggest holding metals forever.

>>19320447
>i wouldn't ever suggest holding metals forever.
Some people have the viewpoint that metals are the equivalent of a 'rainy day' fund, and you only take out if you really really need the money. If not I suppose you pass it down to your kids and let them sort it out.

>>19316087
>>19316033
I have no gold coin but I have to say gold will tarnish unless it's quite pure. Found that out the hard way when my Kershaw Chive showed some.

>>19320447
It's a tough one, that's why I'm asking. Thx for your insight.

>>19320475
Initially I was thinking along the same lines. It would fall under the generic 'savings' dogma of having 5-10% of your savings in hard bullion. Since I don't have the storage capacity, it would have to be at the banco. It's just that the more I think about this, the less practical sense it makes. And then I read that quote by Warren Buffet about if he'd rather have a farm or the farm's value in a cube of gold. For him, the gold doesn't do anything, but the farm makes more money. I can't find a flaw to his point, and though BH has lost billions apparently in the recent shutdown, they'll gain it back eventually as the markets begin to reorganize and the economy opens back up.

Then I've also been reading a lot on Investopedia....so that's influenced my thoughts heavily. Thx for your insight too.

>>19320378
To address the question about selling during hyperinflation, we currently have a live case study of Venezuela and I recommend learning more about their current situation. But to summarize no the value of gold/silver was not lowered because of people needing to sell at the same time because the average person usually does not have any pms to begin with. People are selling anything with gold or silver like baptism chains or even wedding rings to pay for food.

Silverfags:

do you buy silver to own silver because you think it's undervalued and it will eventually rise and it's also a good store of wealth

or

solely because you think it's undervalued and plan to trade it for gold once the gold:silver ratio reverts?

>>19320562
Then I shall do just that. Thx!

>>19320251
>why not gold
Most of us do. But alot of guys pay attention to the gold /silver ratio which favors silver at the moment. Its 100/1, that's ozt of silver to trade for 1 ozt gold. Buy silver heavy now, when the ratio comes down considerably say 65 to 1, then trade for gold and get more bang for the buck. But yes ultimately gold is king. You also have your moon mission silver guys, who know how historically under valued it is at the moment, and hope it breaks free from commex manipulation on a moon mission of historic highs

Silverfags:

do you buy silver to actually own silver because you think it's undervalued and its price will eventually rise and it's a good store of wealth

or

solely because you think it's undervalued and plan to trade it for gold once the gold:silver ratio reverts?

>>19320562
with how greedy corperations are, i would fully expect them to start accepting precious metals, and only giving out fiat lol.
>hand mcdonalds silver eagle be given $200 change in funny money
lol
>>19320605
i think JP morgan have been keeping the price of silver down. and its going to triple when they finally quit fucking with the prices

>>19320607
But when will the ratio come down? I'm not asking in terms of palm-reading, but in terms of reality. Has the ratio been that low before, and what reason would it come down to that again?

To put it another way: How does one know that the ratio will come down? What would prevent the ratio from increasing over time?

>>19320641
Both. I will trade ~50% if the ratio dips significantly but still want balanced stacking. Selling off is easier with small quantities of silver.

>>19320651

>>19320659
>Selling off is easier with small quantities of silver.
What do you mean?
Also, where do you plan to sell it?
>if the ratio dips significantly
To how much?

>>19320641
Gold is the goal. But I wont trade all silver.

>>19320651
so if we look at previous periods of inflation, say the 1980's for example, we see gold roughly doubled and silver tripled.
following the same logic silver should provide a better return, and equalize the ratio

>>19320687
What the heck happened in 1980

>>19320712
carter(in the 70's) went BRRRR and also made a bunch of stupid policies

>>19320687
So the ratio has been trending higher as time goes by with occasional dips about 3 years after crises. Are we thinking the next dip is 2023, with the ratio going down to 80 or so?

>>19320706
So then....one should buy silver and stick with silver? or one should just buy gold and not bother? This is almost worse than gambling....

>>19320712
Hunt brothers cornering the market shot silver up to I believe close to $50/ozt

>>19320738
I've always said when i hit 1000 ounces of silver i'll just switch to gold
but honestly it should be a practical thing, how much silver can you reasonably store and sell?
because it does take up space, and weigh enough to break your floor lol.
but yeah store silver to a point where it becomes a burden and switch to gold

>>19320738
Well just a few weeks ago, it had been hanging around 115, maybe even 120. Silver moved up like $2 and it dipped right below 100 again recently. If silver moves marginaly, and gold stagnates or moves slightly, the ratio comes down

>>19320641
yes

>>19320839
>>19320641
Gotchu senpai

Also, regarding buying low and selling high. Surely there are investors and governments with far more precious metals than us who are watching the value trends too. Wouldn't they start the process of selling off high, leading to a change in the value solely because of the amount of silver flooding the market like stocks of a company? Or do metals perform differently in this regard?

>>19320783
But this is what I don't understand. If, as an example, you set yourself a limit and then switch to gold, why not do gold outright? It'll take up less space....

>Anons, I'm appreciative of your patience, but none of this makes sense.

1) Buy silver while it's undervalued, then when it's valued up switch out to gold.

2) Another Anon posits to buy silver until his own stash reaches 1000 ounces and then he'll just switch to gold.

3) Is there any evidence that gold prices will ever come down? If there isn't any, then why not buy gold now? Similarly, why is it considered a serious possibility that the ratio will come down between silver and gold, enough to influence dumping hundreds or thousands of dollars into it?

Especially when these things don't accumulate wealth the way that stocks do....
I still don't get it. Is it solely as a hedge against inflation and mad max? Is that the only reason? I'm trying to justify getting into this, but I can't except for what the Anon said about studying the situation in Venezuela...but then again in that situation one would want ALL of his savings in precious metals, not just 5%.

>>19320801
Then I'd have to watch the prices like watching individual stocks. Do you Anons do this with their personal stash, ready to sell at a moment's notice?

>>19320107
Ironically, goldbacks are much more counterfeit proof than any gold coin. Also, the premium is for production costs, which is similar to how mining boosts the price of bitcoin. Goldbacks are the real deal.

Also millennials don’t know about junk silver. They don’t know change had silver in it pre 64 and since it doesn’t say it on the coin, they wouldn’t trust it.

>>19320885
How do you extract the gold from a goldback?

>>19320863
silver should give you better returns, but it becomes impractical at a certain point. where do you store your silver, are you going to go to the post office and drop off packages with 500oz silver and be like say i'd like to get insurance for 30k...
that's why everyone says silver is better but gold is just more practical to store.
i don't believe in the buy gold to store value unless you think a recession is about to hit...
>>19320905
put in pot, light with bic lighter

>>19320928
>put in pot, light with bic lighter
Goldbacks look like a scam not gonna lie

>>19320928
I've read about that too. That in terms of bartering, Silver is far easier to deal with than gold. On the flip side, silver takes up more space and weight, so for long term storage gold is better. I have a question (of course I do).

>silver should give you better returns
Are these returns better than a generic diversified portfolio of stocks? Because I wouldn't be buying the silver to gain, I'd be buying it as a helper in the 'rainy day fund' (which seems to be the only use I could have for it).

>>19320962
How? Any normie can look at it in the light and see gold.

>>19317711
based.
but why not gold too?

>>19320885
>goldbacks are much more counterfeit proof than any gold coin
Can you explain how that is true? It seems to me that the gold back hasn't been counterfeited because the sales volume of authentic gold backs is low enough that it's not worth the time to counterfeit them. In my experience, a piece of paper is among the most easily counterfeited things. Yes, a gold back has some gold in it but the quantity is so small that I seriously doubt people would even know if the gold were present or not.

It's similar to saying that an unpopular computer from many years ago is the most secure computer on the market. Of course it is. No one's going to waste the time, effort, and money to write malware for a computer that only 10 people on the planet still use.

>>19320173
>Rar files
I kek'd, underrated

>>19320962
i was being ironic lol. but the gold should be super easy to extract and since its .999 it should atleast sell for spot.
i think we would need those incased in plastic or rubber or something to actually circulate

>>19320974
short term, yes, long term no. well almost always no, every once in while you can get in crazy cheap and outperform the stock market.
for example i fully believe silver will hit $60oz by 2024. so i'm buying any coin i think will retain demand to sell when that happens, i expect i'll beat the stock market for the 5 year spread

>>19321016
https://youtu.be/Rzy0yMxZ4bs
He explains it better than I can type it. Goldbacks are Unironically harder to counterfeit than gold eagles.

>>19321016
>>19321053
This is also part of the premium. Don’t sleep on this project

>>19320863
Yes I check the spot prices daily.

>>19321031
So, if I understand you, then you are trying to beat the stock market: buying silver now in the hopes that it hits 60$/oz and then selling off it off at that point, right? And then...you take the money and...reinvest? In gold? In stocks? Surely gold would also increase in value? And I still haven't heard any comment from anyone about the ratio eventually getting smaller again between the two. Why should it? What is to prevent the ratio from staying the same as it is now (according to one of the websites, it's 101.95)?

Everything I've read about PMs is that they're a hedge against inflation but will be outperformed by stocks. Is there anything that can suggests the opposite and if so does this inform your reasoning or decision-making?

>>19320977
>>19320974
Finally someone asking obvious questions.

The only reason someone buys silver is because the premium is lower than gold
>silver lower than gold?
Yes because for $100 you can get a 5oz bar of silver closer to spot than 1 gram of gold.
There is no reason to buy silver if you can afford gold. The ratio meme is the cope mechanism, they use it to justify buying silver as a smart decision, as it admits they want gold.

>>19320641
I’m only in it for the clink and the shine.

>>19321099
i plan on reinvesting in stocks, or a house or who knows lol. most likely not gold until it dropped from multiple good years.

our economy is a gamble right now, most people think the only thing keeping it floating is the printing press. the idea the world economy will magically recover is a joke. and with all our corporations spending their money on stock buy backs instead of innovation and equipment , we're fucked
now you got me writing walls of text lol
>>19321124
gold has already increased anon, while silver has stayed flat. gold simply won't perform like silver at this point.

Which dealer has the best prices for gold and silver? I use JMB a lot but surely there is someone better?

>>19321182
there is no answer to this, they all run specials have and have different prices that change on the regular.

https://monumentmetals.com/
https://silvergoldbull.com/
I've had good luck with these 2 though... but you'll still want to compare with this site before you buy
https://findbullionprices.com/closest-to-spot/

>>19321124
I have no idea if you're serious....I need an adult. I NEED AN ADULT!!

>>19321094
And you will sell when you see a ratio that is favorable to you? How do you determine this? Is it a hard set value (i.e. when the ratio hits 85, you're gonna see some serious shit) or is it a gut feeling kinda thing?

>>19321181
I read the walls, unlike some. The more I know, the more I know. While I agree that in some ways, humanity is fucked, I also am of the firm belief that the people who are billionaires want to continue making billions, so their behavior isn't going to change, and thus neither will the behavior of the system they use or control. The world economy won't recover magically, but I would be sincerely amazed if it didn't recover at all. There's too much at stake for the people in power NOT to try to make things the way that they were before Covid, because that was when they were making their most profits.

Another thing I don't understand, and you Anons have been kind enough to help.

I was looking on the findbullionprices site, and you can buy tiny amounts (like a gram of gold) to the normal 1 ounce or bars or whatever. Can anyone explain to me what use there is for a 1/20 ounce gold coin? Why wouldn't someone save up for the full ounce? or a 50g full bar or something? Why the small denominations? Also, wouldn't you have to pay more premiums for smaller denominations? So, buying 20 1/20 ounce coins would cost more than buying 1 1ounce?

>>19321182
JMB is lowest for me with the veteran discount hands down

>>19321031
>$60oz silver
Why do you think that? If silver rises in price it’s because of industrial demand or taking its place as financial metal
>muh historical ratio
IF we went back to gold standard then we can have gold backed crypto or more likely a gold backed fiat. There does not exist a reason to use silver anymore. As it literally is practical for poor people to trade 0.0001 grams of gold for a coffee with technology that didn’t exist when the ratio did

Is a 100$ for a roll of 50 mercury dimes a good deal?

>>19321053
>>19321063
I have watched the video and it gives me zero confidence that the gold back cannot be counterfeited in a way that tricks many people. The speaker must think he's speaking to utter rubes or something. What a joke.

- Gold color. Gee, that doesn't sound very difficult.
- Millions of dollars of machinery. Being that China has a vast industry for creating counterfeits of everything and malinvestment is a way of life in that shithole, that's not a problem.
- Government level security features. That's just fancy talk. It probably means microprinting which can easily be done.

It's not worth counterfeiting a gold back just as no one counterfeits America's zinc pennies. Being that the denominations are as low as $1, why bother? That's probably the gold back's greatest deterrent to being counterfeited: it's essentially worthless.

Contrast that with a 0.9999 fine gold coin from a goverment mint. It is exceptionally difficult to counterfeit on multiple levels.

1. The coin must have the same fine detail from the high pressure minting process that governments use.

2. The gold can be tested relatively inexpensively for size (volume) and weight to ensure that no base metal substitute in the coin.

3. More expensive tools such as the Sigma Metalytics tool can be used to non-destructively measure the through-coin conductivity which will detect any base metals.

The peculiar properties of gold itself are one of the things that make gold coins so easy to distinguish and that has been true through history. A key authenticity feature of a gold coin is in its very elemental substance.

The entity that can afford tungsten planchets, gold plating equipment, and presses to mimic the designs of government bullion coins is not going to be lacking of resources to counterfeit a gold back.

>>19321283
They don’t have the engineering know how unless they stole it. They spray the gold on atom by atom. It’s much easier for china to counterfeit any gold coin, simple as that.

>>19321259
so the US has trillions in dollars outside of the US. we've been printing money like crazy and getting away with it because other countries use our currency(which creates demand and allows us to print more)
this covid stuff is going to hit in the fall. and when it does most economies will hit a huge recession. and all our dollars are going to come flooding back to us. creating inflation. sure the govt will raise interest rates and reign in the dollars, to return us to some normalcy but i fully expect silver to hit 60/oz before it goes back to normal

>>19321281
90% Junk $1 FV: $12.26
no

>>19321181
>gold has already increased in value
It has remained the same value since the gold standard was abandoned. It’s dollar denomination has gone up. This is brainlet tier stuff anon.

>>19313347
Morgan dollars are amazing after holding one Im a little obsessed and they carry a premium. nice stack.

>>19314843
if this is yours you are one heavily based mofo

>>19321333
I'm saying that the counterfeit doesn't have to deposit gold at all onto itself. It just needs to *look* similar enough to a gold back to do its job. The security features of the gold back are all visually based. A real test would probably be destructive which is no different than a coin.

No, I'm quite confident that for a person looking to purchase a relatively large amount of gold, the gold back is a terrible product and inferior to gold coins in practically every way. Its biggest selling point, use as a transactional currency, is at the moment practically non-existent except perhaps among Mormons.

>>19321352
gold to silver ratio was 100 to 1 back then?
also gold does change in value based on supply, every time a new mine opens gold becomes cheaper

>>19321346
I think the value of mercs are under $2 a pop. That's why I was wondering if it's a good idea to get some. What with the WTDHW memes and all

>>19321419
the premiums on all the old coins right now just crazy, i can't see those premiums lasting...

>>19321335
You understand if that happens then gold will increase just as much. I don’t disagree at all that holding dollars is retarded and going to collapse, I’m saying that gold is superior.

I asked why $60 because that’s only 2-3x. The situation you explained would see silver and gold both 10x at a minimum, except silver is easy to mine and half is held by JP Morgan kikes who will absorb all your profits because the market is so small.

>>19321419
Here's the work that shows how the intrinsic value of a Mercury dime is $1.26

http://www.coinflation.com/coins/1916-1945-Silver-Mercury-Dime-Value.html

>>19321398
>ratio
Because back then people had to transact the physical metal, this is no longer a problem anymore due to technology.
>Inb4 anything to do with computers
Being able to put your gold in vaults across the world and not needing to trust your government or bank due to your gold only being a jet trip away is technology that didn’t exist when people had to trade physical metal

>>19321444
So I should wait?

>>19321475
you seem to think gold actually has value of its own, its only worth what someone will pay for it. same as silver but more normies are willing to buy silver because of the lower cost.

>>19319992
>A post collapse society must be to the point of prosperity before gold & silver become the currency again.

This meme, please name one collapse where silver/gold went to shit, hell if anything it hits the roof making it unusable to the common man my great great grandfather sold his home for not that much silver just so he could afford to move to America from Weimar Germany, and in Venezuela one ounce of silver buys months of grocery on the black market.

>Create soap on your off time.
>Woodworking
>Sowing/weaving.
>Dry lay stone work or even learning brick laying

I really hope you are not putting your eggs into those baskets those skills will be as inflated as your local currency. Do I knock having those skills? No, I normally don't criticize stuff like this but, I truly think this is the end and I want as little people suffering as possible because it is going to get bad for people who can't protect themselves from a shift. I recommend at least a 5 gram gold/ 25 ounce silver crash stack to protect yourself.

>>19319989
If you make less than 100k/ year then 18oz

>>19321482
Well shit. Why would people try to meme about using mercs as a way to get blowies from desperate women in a Weimar situation?

>>19321565
i think so. unless you plan on never selling. but even then i think you can get them cheaper before you can get blow jobs for them lol

>at the brink of a complete, global financial collapse
>not owning any gold
I almost feel bad for the Normies, they'll get what they fucking deserve.

>>19321605
Okay. Been getting some silver and a bit of gold on the side and someone last thread mentioned I should only get some merc dimes if I have a pretty diverse hoard

>>19321640
Normies actually think you're weird if you try to prepare for anything they are so dumb it hurts

>>19321581
>only buy because of the low cost
So you admit that only poorfag normies would buy it
>gold has any value
The exact same reason poor fags would buy silver is the reason wealthy would buy gold

You understand all the points but you are not putting them all together anon, think about the actual practically. If silver goes to $60oz and normies rush in to buy 1oz coins then why would you buy 1oz coins at massive premium when you could buy a 1000oz bars and just send them to a mint to be turned into 1oz coins and keep all the profit yourself. You are paying a premium that may not even eventuate, for a reason that you could avoid by simply having a time preference higher than 1 or 2 months

>>19321599
Do you blame us for trying?

>>19321786
Trying to meme or trying to get sex coin vouchers?

>>19321599
Because hyperinflation Merc dimes anon. House Wife Status is our loaf of bread for measuring inflation

>>19321768
do you understand anything? a 100oz bar best price i can find it 19.70/oz, a 1oz coin is 20.09/oz
congrats anon you saved 40 dollars by spending 2000

>>19321099
"Everything I've read about PMs is that they're a hedge against inflation but will be outperformed by stocks" 100% Bullshit. All corporation tend go bankrupt after a certain time. Not precious metals and other real assets, who did well for thousand of years.
Gold do pretty well since 2000 in regard of stocks (REAL return on stocks is less than 2% accounted for real inflation, taxes and fees).
Everyone try to push you toward stocks because you'll paid fees and taxes buying it. That's it.
It's a gambling market where banks rob you of your hard earned cash based on dreams of easy wealth.

I store a good portion of my wealth in PMs because I think there will be a monetary reset soon (<20 years) and that's my way of trying to profit from it.
PMs are a good way to store value in incertain times like now. Once theses times are gone you can swap your PMs for someting else.

you should read -"the alpha strategy" by J. Pugsley
-"antifragile" by. N.N. Taleb

>>19321419
Right now the junk silver market is a cluster fuck because it is being considered "bartering silver" I bought my mercs .25c over spot now those same mercs are going for $6 over spot. Would I still buy? Yes and I do still buy them, I wish I would have gone in with a $100 FV before it started

>>19321444
>i can't see those premiums lasting

They will be the last to fall, especially the dimes, most junk silver is being bought for barter

>>19321803
I just want to get some of that fancy housewife pussy.

>>19321907
SADDAM

>>19321763
>Normies actually think you're weird if you try to prepare for anything
This so much.

>>19321996
And desu not having a huge pile of junk is a dumb move. If currency becomes worthless it'll be your day to day.

>>19322020
Until they're offering you blowjobs for silver, they won't learn

>>19321883
>Best price you can find
Do you not understand that what you find at your bullion dealer is the retail price for a bar. Anything you can “find” is retail price, do you not understand how spot price is calculated? If you are buying large amounts of silver you are putting in a bid and someone will buy it, if you simply just “buy” a 100oz bar then at the very best you are essentially doing a market buy order and losing profit compared so someone who just waits for an order to be filled

Someone start new thread we're autosaging

>>19321895
>REAL return on stocks is less than 2% accounted for real inflation, taxes and fees
Exactly.
For the entirety of the 21st century Gold has beaten st*cks and b*nds.
Paper assets are getting rekt by Gold this century.
And it won't stop here.

>no one has 1oz perth mint bars in stock

>>19322020
I feel this is similar to corona pandemic, people looked at me like I was a retard for buying all this stuff and not even two weeks later people are shooting each other over the exact same shit. I wouldn't be surprised to see people flashing tubes of generic rounds they paid 400 and ounce for in the near future. Just be glad you are early.

>>19322080
>buying PM on retail market
When you check stock level on Perth mint, notice that it says to call this number to check availability, this simply means that if you have a high value account it is in stock and if you are a poorfag it is out of stock.

Pic related, proof of non larp. All “out of stock”

>>19311814
Get out of silver, how the fuck do you guys not see this is a bubble?