/biz/ - Business & Finance

acquired hundreds of oz silver in the last 3 months

got an oz of gold yesterday
and an oz of plat today
how you doin /pmg/?

>>19374211
I gotta wait until my tax return before I can afford an order again. Feels bad man

>>19374363
tax return? this years tax return or last years?

Is it a brainlet idea to buy a bunch of 1oz silver coins and treat them as a savings account? I don't have enough capital for an actual savings account to work

>>19374406
not really, i think jmbullion is selling 1oz silver maples for 22$ each right now.

>>19374390
I'm Australia ours is June 30

If you stack PMs thank the Solutrean people for developing metal working 10,000 years before Asian migrants ever crossed into NA from the Bering land bridge.

>WE

>>19374406
Thats what im doing. I branched out into bars as well. Have about 50 50 gold to silver. Few thousand rounds of lead. Fuck banks.

>>19374456
ah, that explains the perth mint, how much did you get those big beasts for? im jealous

>>19374406
This is what I'm doing. Worst case is I save a bunch of money(and silver goes down 1$) and best case I am allowed into the citadel

>>19374443
>>19374466
thanks, wanted to start stacking leafs actually so thanks for the tip too

>>19374001
Nothing beats poured silver

>>19374521
no worries, careful of the pre 2018 leafs, bad milk spotting in the earlier years

Bought 3 oz of silver fromy lcs in the form of 1 ase, 1 silvertowne st.gaudens round, a quarter oz generic, and a cull Morgan silver dollar, for $71 :( that's around 23.5 an oz.

>>19374483
I'm pretty sure I got them when silver was 14 USD lol so I probably paid about 160 USD for them.

>>19374585
Nice ABC chunks.

>>19374585
very nice, have a couple 2 oz silver sets. looking at the 1/4th gold set, need to save up

So how many mercury dime tubes is enough? I've currently got 11 tubes of 50 (550 dimes total)

>>19374697
Do you think half a thousand blowjobs are enough to retire on? There's your answer

>>19374697
you have 40 oz of silver worth of MDs? how much did that cost
please tell me you didnt spend more than 15x face

>>19374744
At that point he could broker blowjobs and be a hands off blowjob pimp.

>>19374746
Averaged 80$ per tube so 16, admittedly not the best, but I really like the mercs so it was also partially collectible value.

>>19374797
I don't even bother with roosevelts, don't want coins with that traitor on them.

>>19374744
I don't know that my dick can handle more than a blowjob a day.

>>19374815
Same, FDR was a cuck who married his cousin. Admittedly though, the lower costs make them kinda enticing.

>>19374797
thats actually not that bad, my LCS is run by the local temple so 18-20x is very common now

>>19374854
If I did happen to buy them I'd also have to buy some casting materials so I could mint my own rounds out of them, I just couldn't stand to have them in my stack.

>>19374815
might make it more satisfying to melt them down and pour into swastika molds

https://www.youtube.com/watch?v=eRbOo0QLuLs

>>19374001
I really like this pic op, I've always wondered if some family has a bunch of old money out there hidden in trunks just waiting for the right time to bring out their wealth. I've been wondering what the hoards of gold and silver that illuminati kikes have stolen over the years would look like.

>>19374406
No. It will also make you more vigilant with how you spend.

/goldback maximalist/ here. Got this cute couple to pose with some goldbacks at sunset last night. Pretty based. People instantly get this concept. Why doesn’t /biz/ ?

>>19375350
that's pretty creepy right there

>>19375446
Do they look creeped out? No, we were busy loving life, nerd.

>>19375350
>>19375456
no this whole image is just creep city man, i like goldbacks too but, just ease off a bit yknow?

JESUS this jumped up quickly

Muh silvers

Annoyed I didn't have time to get any gold this time around. Not buying this obvious top though. I'll wait.

Is this fake? Why is it so cheap for a historical coin?

>>19375481
Ehh, it was their Polaroid not mine. Stay in your home and flatten the curve if you’re creeped out by people enjoying a sunset.

>>19375516
How is this even calculated?

>>19375587
The year over year increase in just the USD M2 money supply divided by the yearly WORLD production of silver in oz

fell for the FWTDH meme and bough 28 merc dimes on top of my stack (turns out they're surprisingly hard to find without some absolutely crazy premiums if you don't live in the US, managed to get them for the equivalent of 75$) but I'm pretty shocked at how small they are IRL. I don't see any blowjob potential here, guys.

>>19374854
Your dick will be able to cope with the copious amounts of blowies for dimes. Hell right now I can ensure 3 or 4. If you can jack off a lot then you can get to the BJ's a lot.

>>19375350
What's the point of gold backs? How would you even spend them?

>>19375516
Wasn't this at like $20k for gold a little bit ago??

>>19375531
Mass produced but expensive as fuck for "junk silver" its the equivalent of 2 merc dimes about 5 bucks off of ebay

>>19375531
I would also recommend buying that from a dealer or someone with 10k+ feedback. mbarrcoins has them cheaper and hasn't steered me wrong

>>19375728
>hi I see you have a good or service id like
>in exchange I offer you x number of goldbacks

The real question is how are you going to buy a can of beans with even a 1/10 oz piece of gold.

>>19375742
I saved this pic from November

>>19375742
>>19375823
>>19375516
What do these numbers mean? Im a brainlet sorry guys

Just having lunch in town this afternoon than going back out digging. Just did a 9 yard test on a new claim on Tregillus Creek today. not a bad haul for the day so far!

>>19375712
From what I gathered it's when the economy takes a nosedive into a pile of shit and we reach hyperinflation or something. Some anon a while ago compared it to Weimar Germany levels. It's a tiny bartering tool that supposedly can buy some groceries when silver and gold shoots up

>>19375817
You buy a bunch of cans of beans, some rice, maybe a bit of meat, bullets a lighter some cigs and a handy. I don't even think normies know what gold backs are or if they would believe they have wealth. We're talking a chance with mercury dimes.

>>19375532
take better pictures dick

>>19374211
Have a little over 300oz silver
And about $1k worth of copper

Gonna start prioritizing collecting gold now.

>>19376038
why do you have a thousand dollars of copper?

The 50 shipped today!

>>19375456
>e...excuse me sir.
>EXCUSE ME SIR, MA'AM?!
>hey can I take your picture holding these goldbacks?
>*pulls sweaty handful of goldbacks out of fanny pack*
>yeah, just hold these for a second please, I'll take your picture!
>n...no I'm not selling anything I just think you're a cute couple...
>sir?
>SIR PLEASE COME BACK AND HOLD THESE GOLDBACKS!
>I just wanted a picture.... of a cute couple.... holding goldbacks…
the whole scenario is creepy and sad

>>19376068
They where just throwing it away. So I plan to maybe get into smelting with it.

>>19376135
noice

>>19375966
Or hyperdeflation

>>19374406
not an awful idea, if you're prepared for the price to go down the very instant you commit to a purchse
though I'm trying to figure out you have enough cash to buy "a bunch" of silver but not to open a savings account.

>>19376203
the fed will never allow deflation of any kind anon

>>19375823
Holy fuck that's insane.

>>19376223
It's not entirely up to them

>>19375817
its better to barter with other goods then when things get back to "normal" you whip out the real money

>>19375966
>Sir I can't take that
>B-but this was minted as legal tender and-
>Sir we only take Fedcoin like the sign on the door says
>B-but this has 0.07234 of a troy ounce in silver content and would have been worth over a hundred dollars before the-
>Sir can you please just scan your wrist here
>O-okay
>Sir there seems to be a problem, you've already exceeded your animal byproduct quota for the month. Sorry you'll have to remove that from the cart. There's some ReelMeet packs on the rack behind you, did you want those instead

>>19376135
What a waste of money

>>19376279
>before the-

>>19375823
900+ trillion derivatives ....

How has this not burst? If it hasnt burst yet, what is stopping it from just going into the quadrillions?

>>19376279
>ReelMeat

Your Logans Run scenario would have so many global fuck ups that if we had to eat on a ration system based on government credit the use of PMs and gold backs would be entirely pointless to collect.

>>19376135
Faggot

>>19376588
There he is!
Muh boi!

How low will gold go? Just trying to buy some ounces at the most opportune time

>>19376813
I'm hoping we see 1400 ounce gold personally. IDK how realistic that is though.

>>19376472
>what is stopping it from just going into the quadrillions?
https://www.visualcapitalist.com/all-of-the-worlds-money-and-markets-in-one-visualization-2020/

>>19376813
>How low will gold go
I don't see gold going much lower. As more of the world economy opens up we're going to feel the effects of all the money-printing our central banks have been doing. Inflation means goods cost more. Goods like gold.

>>19375082
right anon, I wonder about this myself. I think about Europe with their lords and royalty. I just assume theres got to be hundreds of low level noble families that have survived all these years with a nice little vault full of gold in their family estate...

>>19375899
dollar printer goes brrrr

>>19375911
God I wish I could pan mine/pan for gold where I live but, the only deposits are in the hellscape that is the desert, that I live near.

>>19376994
Do you have a better explanation

>>19375530
Sexy ass photo

Probably my most exciting delivery yet, a whole roll of the black flag series

>>19377145
>black flag series
?

>>19377087
Basically he is showing a chart from the US debt/inflation calculator from November and it has gone up considerably. Whats most alarming is that since that time silver and gold to usd has tripled which entails a big increase in money supply.

>>19377087
It's a comparison of how many dollars exist in circulation vs how many ounces of gold or silver.

they think this has something to do with the value of gold or silver. Like when there's more dollars in circulation gold and silver will magically become worth more dollars.

this is somewhat true because of simple inflation- more dollars in circulation will cause ALL commodities and services to be worth more dollars, assuming the extra dollars aren't being sponged up by increases in commerce or hoarding.

but the most common error here is not recognizing that the dollar value of metals is actually set by demand. /pmg/ likes to imagine a world where precious metals will increase to incredible highs because they become NECESSARY to replace fiat. And they like to imagine that increasing the supply of fiat will be the cause of this. Such a scenario is virtually impossible, but they love to hope.

>>19377087
US and for that matter almost every country in the world is in waist deep of shitty debt. We buy and sell products based mainly on credit or other stuff like assets and loans. Sometimes backroom deals of invading countries for material interests. What compounds our debt is stuff the government does like print out more money and thus our debt rises or keeping military bases around the world and paying soldiers, contractors etc monthly wages and yadda yadda. We're constantly spending money to make money and in the gubmints case they were shitting the bed with the federal budget since who knows when.

I'm not an economist so you'll get some sperg nitpicking, but essentially the feds were printing more money into the economy to keep our heads above water during this recession. That's why Trump wanted the US to open back up and start stimulating the economy.

This whole mess has been a damned if you do damned if you don't type thing.

>>19376279
This is unironically our future

>>19377166
>>19377186
>>19377206
So basically buy more gold and silver. But no, thanks for the detailed responses. I understand things a bit more now

>>19377159
It’s part of a series called the black flag. Pirate ships. First was queen Anne’s revenge, this is second and just came out

Not gonna lie...
I'm going metal detecting on a high trafic beach soon.

Depending on what I find -who knows -trade in junk silver/gold for real gold..

>>19377257
I really hope you’re wrong and we don’t get cucked that bad.

>>19377288
that's my game.

except I metal detect old cabins and ghost towns. And I never trade what I find for gold since most of the valuable stuff I get goes up in value far faster than gold or silver.

actually I get a bit annoyed when I find gold or silver because it's usually worth so little compared to what I'm really after.

>>19377299
How much gold and silver is all that

>>19377260
I'm new to PMs myself and only started a couple months ago. When I heard people were going to get basically $600 a week before taxes of unemployment I knew things were going to go tits up soon.

I just wanted to make sure I had some physical equity besides a paid off falling apart car on my end. But in all seriousness I see why people stack. Shiny rocks are fun to feel in the hand and knowing they can potentially give you a couple months rent and some food is comforting. Then again I'm a wage slave poorfag

>>19377318
Happy to find another metal decor user here. I definitely have the ability do the same thing as you. However I'm missing 2 things still. The mini detector & sifter. I've had this decor since 2012. I'm breaking it out again. I've only found 1 junk silver & a hot wheels, but thats what happens when you live in a non-polulatef beach. Im not on the Chicago beach line or anything like that. Headed to a big scale beach within 2 weeks.

Typically Fall is the best time to go metal detecting from my understanding.

>>19377373
1.28 ounces of gold (lotta fractional because I’m an impatient poorfag) and 220 ounces of silver.

>>19376218
Youre going to lose fiat to inflation without enough cash on a savings account while a single silver coin can gain value over time

>>19377383
>physical equity besides a paid off falling apart car on my end. B
As much h as physical precious metals is good to go into you should have a supply of barter goods too.

>>19377383
I think you pretty much covered it.

they give some financial security, like any savings

they're interesting because the value goes up and down so you can track that. If you sit on them long enough they'll go up in value at least in the sense that they'll be worth more fiat than you paid for them.

they're beautiful and addictive. Just fun to collect and fondle and admire.

>>19377421
Don't buy anything less than .25 a gram of gold next time anon.

>>19374211
>how you doin /pmg/?
Bad.
I want MORE SILVER.
But i'm also a neet poorfag, so with coins over 20 bux it's a big no-no for me.
Now i just pray for a very last dip before the moon mission.

>>19377450
Yeah I’m sticking to 1/4ths now that I’m more educated. The gram stuff came when I first started stacking. The one good thing is all the rounds came from APMEX‘s secondary rounds so I didn’t pay full retail. Honestly very glad I got the maplegrams out of it.

>>19377273
>First was queen Anne’s revenge
how long since it's out? is this still being minted? I've never seen it anywhere and I want it so much now

>>19377474
When you consider there's less than an ounce available for every person on earth does 20 freedom bucks seem like a lot still?

>>19377431
I guess that's where the mercury dimes come in.

Some /k/ advice about stocking up on barter goods in a tits up economy would be stuff like lighters, batteries, med supplies, bullets, tools, knives etc. But something that comes in handy is skills. Distillers were pretty much viable before all this craziness. Moonshiners make some money and people love to get fucked up. Another skill would be growing, curing and rolling tobacco.

>>19377410
I detect all spring, summer and fall. I spend 40 hours a week average detecting, but it's just a hobby. Like I make a couple thousand a year doing it but if you figure it out per hour I make almost nothing. But you never know. Sometimes I find something really valuable and that's fun.

yeah, I have a pinpointer that's like $55 on ebay, It's a good tool to have.

>>19377512
The first came out in 2019. 15k minted of each so far. It’s a promising series I think

Have I lost my mind, /pmg/? I've started collecting the old pre-92 copper pennies, or are they likely to have decent numismatic value? I've seen them selling on eBay at stupid prices. Should I join in or something?

Indonesia has 740 tons of gold. Say goodbye to your precious metals.

>>19377845
Endless gold. Giant mine in Indonesia. Supply will explode.

>>19375530
>Doesnt even have a Yukari action figure to inspect the War Chest
not gonna make it senpai

>>19375516
It's because no one speak about it on pmg, yall are too occupied to instagram whoring your stack instead of paying attention to the news.

Let me give you the QRD: last week we got the biggest quantity of paper silver injected on the COMEX since it's existence : 23 millions oz of paper, in a single week. Most of it was coming from JPMorgan.
For the whole month it was 55 millions oz added on the market, once again a historic record.

Jews are getting absolutely desperate trying to suppress silver price lately. They saw the V shape recovery and got spooped it was finally the time silver was breaking free, and they don't want this to happen for now. Reminder a client from Scotiabank, the OLDEST metal trader still in activity in the world, and one of the 4 majors shorters on the COMEX, requiring delivery last month almost killed the bank and they had to shut down definitely their metal department. Only 3 left to go, and once JPMorgan is the only one left, they will unleash the wrath of God and silver will experience the mother of all bullrun in the history of bullruns.

>>19376994
>>19377166
>>19377186
>>19377206
You are spouting total nonsense you trisomics. It's not what >>19375516 this number represent, it have nothing to do with the dollar. It's the ratio of physical silver/gold backing paper SLV/GLD on the COMEX. That's why it just jumped, cf my paragraph just above.

For example the current paper to physical ratio for silver is now 177:1. The spot price on the COMEX is 17.27.
177x17.27=3,074. here you have your ratio. Last month it was at 173 paper oz / physical existing with a spot @16 = $2,760 per oz.

Basically it's just the real price of silver and gold if the paper metal traded was backed 1:1, as it is legally supposed to be.

>>19375911
thumbnail looks like your rollin up a doobie

>>19377835
>are they likely to have decent numismatic value?
yes, about 200 years after you die

you can still pick up wheat cents, indian heads, and even large cents for not a lot of money in circulated condition with all the key dates picked out. It takes enormous amounts of time for the average US coin to appreciate in value. Like hundreds of years, and even then a lot of them aren't worth more than a few bucks each.

>>19376588
about time! your late!

>>19377875
>it's not dollars to metal
>it literally says dollars to metal

>>19377920
Yeah the wording on debtclock is retarded, but you also can use your brain to try to figure out things, you know?

>>19377875
They have trillions of ounces. It will never moon.

>>19377383
When dealing with any financy-thingies PMs are referred to as “High-Quality Collateral”

>>19378036
There will be no moon

>>19378060
What I said has nothing to do with “mooning” you fucking Jew Fudder

>>19378069
How am I a Jew? They have billions of ounces they're hiding from you.

>>19378060
If I hold silver and give it to the NWO then I win, the trade ins for PMs would be much nicer than the fiat conversion for your turbo-autist scenario

>>19377960
then why do they list both "paper to silver" and "dollars to silver"?

I'm thinking you're the retard here

>>19378008
>trillions of ounces
It's more than all the silver ever mined during the past century anon...
It say $5 trillions, which mean literally nothing, beside the USD being a total clown money. They don't create physical silver out of thin air. And those 5 trillions represent the cash injected to suppress silver's price on the markets fyi.

If anything it's extremely bullish for silver. Daily reminder JPMorgan don't hold any physical silver, they PURCHASED physical silver on behalf of one of their clients and delivered it to them, but we don't know who it is (though imo to me it's pretty clear it can only be the US gubment).

>>19378157
You think they can't hide silver? If they can assassinate JFK how can they not hide gold and silver? Billions of ounces recovered through the years through archeology. They're hiding it all. Of they can manipulate silver why couldn't they hide the real amount?

>>19378129
Ok let make it simple for you.
Is the spot $17.20? Yes
Is the paper:physical ratio 177? Yes
Both informations are easily availible and verifiable.
Do 17.20 x 177 = 3070? Yes, it's called mathematics.
Oh look it's the same number!! It's truly magical, right?!!

They could print 999999999 quadrillions USD and the number on debtclock wouldn't move by a cent, because it's the paper to physical ratio. It have NOTHING to do with the quantity of fake fiat created by the FED.

>>19378181
>Billions of ounces recovered through the years through archeology
lmao ok meds, take your schizo

>>19378223
>Asa Akira Wants To Play With You
your math adds up but doesn't explain why they call paper:silver dollars:silver and then why they have an extra spot with paper:silver and it has a different number.

you see what I'm getting at here? If they didn't ALSO have a paper:silver ratio you'd make total sense. But as it is you seem to be mistaken.

>>19378223
An anon asked what the jumping numbers meant and we have him varying answers to it and why it could be the case.

Why are you turbo spastic? Who touched your jew mound?

>>19378223
nevermind you can actually hover a mouse over the numbers and it explains what they're measuring

you are in fact wrong.

>>19378252
Jesus Christ....

Ok, lets have some fun then. Please give me the exact formula to have a $3,074 oz of silver compared to USD M2.
Do the same for gold.

>>19378223
"Dollars to Silver"

The year over year increase in the US M2 money supply divided by the yearly world production of silver in ounces

you are mistaken

your math adding up is either slight manipulation of the numbers or sheer coincidence.

>>19378310
>Please give me the exact formula to have a $3,074 oz of silver compared to USD M2.Do the same for gold.
the site lists the USGS and Federal Reserve as sources

feel free to check it I guess.

>>19378287
>>19378342
I am in fact right, but you are too stubborn to accept it.

>your math adding up is either slight manipulation of the numbers or sheer coincidence.
lmao
ok, lets play another game then : try to find the paper:physical ratio of GLD traded on the COMEX and come back giving it to me. Then we will multply it by the spot of gold as of today, and it will end up giving you $25,493. You wanna bet?

>>19378359
Good Lord, why are you so fucking retarded?

>>19378395
>I am in fact right, but you are too stubborn to accept it.

>Good Lord, why are you so fucking retarded?

the site you're trying to explain says you're absolutely, unequivocally wrong.

when it comes to deciding who's right, you or the website you're trying to explain, I'm going to trust the website.

>>19378434
No, it's simply you who are not making any effort to understand basic stuff. You don't even try to understand the simple correlation between what you read and what i try to explain to you.

Btw, did you find the gold on COMEX ratio alrdy? So i can create another mathematic miracle?

>>19378235
And why exactly is that not possible? You're all just saying take your meds but actually argue your point.

Am I the only one who is always kinda weirded out when they touch gold?
Its really small, but heavier than it looks. A small ounce costs 1.7k but its just a useless little yellow coin. And people have killed for this, murdered family and friends or went to war just for some more of that metal. A single ounce was more than twice the yearly wage a soldier in Europe would receive when the Spanish conquered the Americas.

People are strange.

>>19378492
>it's simply you who are not making any effort to understand basic stuff.
I understand exactly what you're saying and I think it's either coincidence or cherry picking.

probably cherry picking because their paper to silver ratio is far lower than yours so you're clearly using different sources and/or methodology than they are.

anyways, go to usdebtclock.org on a PC. Hover your mouse over the number you're interested in. At the top of the page where the title used to be it will now read the methodology and sources they used to get the number.

dollars to silver is listed as US M2 year over year increase divided by world silver production in ounces.

>>19377426
>lose fiat to inflation without enough cash on a savings account
interest and inflation are proportional, so I don't see how it makes a difference how much is in the account.
And inflation should be subtracted out of your PM gains, too.

>>19378494
Because i actually did my homework, and JPM don't own nor rent any warehouses in cumulated big enough to store the supposed 200 billions ounces of physical. Actually they barely have the storage capacity for a tenth of this number. So in the trillions it's phantasmagorical.

>>19378535
its worse when you pick it up fresh out of a creek bed. The promise of a little heavy yellow pebble has caused wars, murder and whole populations to move.

>>19378539
>dollars to silver is listed as US M2 year over year increase divided by world silver production in ounces.
Give me the formula.

>>19378535
>+1 for Gabrielle Drop Out
Also, yes I feel like I get respect from people throughout time when I own gold. I imagine what ancient peasents would think of me for owning gold and it makes me feel like I truly do hold something of value compared to numbers on my computer screen.

>>19378627
I just told you exactly how to get it yourself

>>19377904
I'm a bong, if that makes a difference? Probably not really. Fair enough, I'll probably just sell them in a lot, or take em to me local coin shop once it's open again. Can't be arsed if they won't increase in value a decent amount. Perhaps look through for any valuable dates first.

>>19375516

>>19378644
No you didn't, you just copypasted the sentence on debtclock, which doesn't mean shit. Give me the numbers. Give me the M2 and give me the silver total supply.

>>19378673
>can't read good

it's not M2 and silver total supply

it's year over year increase in M2 and total world production for the year.

one of these numbers can be found on the website itself. Presumably the other can be found on their listed source, the federal reserve site.

don't be lazy, go check it yourself if you care. Or continue being wrong. It doesn't matter to me.

>>19378622
Hey pan man,

I was thinking about doing some sluicing on the north Saskatchewan near Edmonton.

Are those sluices that you just place in the river decent for flour gold like that? I kinda dont want to lug a generator/fuel around, and I like the idea of sustainable/environmentally friendly gold recovery, but im not sure if it is going to function.

>>19378622
Not possible in Europe I guess but Ill take your word for it
>>19378641
True.

>>19378673
>>19378707
>Give me the formula (obviously to prove you understand what you are talking about)
>no u
repeat ad infinitum

>>19378783
anyone that wants to can go on usdebtclock.org and check it themselves.

there's not much point in arguing that

>>19378774
>Not possible in Europe
Are you fucking serious or just pretending to be retarded?

>>19378743
you need a highbanker for the North Saskatchewan. Because of how small the gold is you need to move a lot of volume to get any real amount of gold. Try Parts North Auto in Grand Prairie for gear, the owner knows a lot about digging out that way as well.

>>19378795
>The point flies over your head, due to you managing to avoid it, with a very swift ducking motion.
Do. You. Understand. How. It. Is. Calculated.

Please explain and show your working out. Just like school. That's what he is requesting of you. He does not believe you understand it.

I'm not taking sides, honestly, I just am enjoying this as a spectator. Please humour him or something.

>>19378803
>>19378783
what coin is this and what % silver?

>>19378774
actually there is a healthy cottage mining scene in Germany, especially on the Rhine river and in the Alps as well. Lots of Spanish placer miners too, heck ever Scotland has suddenly started producing course gold. All people have to do is look.

>>19374537
>Nothing beats poured silver
Well, face value coins do for me because the government cannot legally seize them.

It's perfectly legal for the government to seize all of your bullion.

>>19378846
>He does not believe you understand it.
I don't understand it.

nor do I care to

all I know is he called me a brainlet for being right while he was wrong. Which is all I need to know.

Now I'm waiting for the moment when he finally checks what I said and figures out that he's actually wrong. That moment is golden. Not for me because I don't care. But for him. He might just learn something.

>>19378847
2 different coins, but hey.
.900 3 ruble
https://en.numista.com/catalogue/pieces46759.html
.925 25 pence
https://en.numista.com/catalogue/pieces37076.html

>>19378846
I'm new here and you do present a great point.
How does the tether between silver, gold and the USD work? You really have driven my curiosity. Was it set after the gold standard?

>>19378886
as if the government is gonna give a fuck if they do seize

>>19378832
Ok thanks glad i didnt spend money on something that doesnt really work

>>19378908
The courts will care after you get left off free for self defense.
The government is going to care because if they are caught doing that the people will stop paying all taxes and take up arms against them. That could be very disruptive for business...

So who has decent prices for gold right now? Im seeing really high 11-13% premiums even on 1oz

>>19378960
the time to take up those arms isint after the fact my guy

>>19378803
Rude.

Where in a civilized place would it be feasible to get gold out of rivers? Even as a hobby.
>>19378859
Never heard of that, though I cant hear of everything.
I knew some people did 400 years ago and so but the results were so meager today nobody would ever bother. Even for fun.
I have never seen someone do it and I like hiking along these streams.

Maybe Ill look into it.

Got the last of my outstanding orders.Gonna chill for a while and recoup some cash. This stuff was a little pricey but I think I did okay.

>>19379004
scottsdale has their 1oz lion in assay back up as of yesterday

>>19379011
When is the best time? Next tuesday?
Everything is Fine™ right now.

>>19379026
Looks good boss, what did it run you?

>>19378846
>Please humour him or something.
I think he finally figured it out and buggered off

disappointing since I'm curious of his thoughts on how he used a wrong formula to get a right answer.

I expect it was a mix of backstrapolating, apophenia, and cherry picking data sets. But if not that's an extraordinary coincidence and I can totally understand why he was so confident in his math. It defies belief that he could be wrong and still get such a specifically right answer by accident.

>>19378707
No, it doesn't matter to me first. :3
You know what? It's not even important, in both cases it's extremely bullish and it will make both of us insanely rich once the moon mission start, and that's all what matter!

>>19379061
soon as ink hits the X on the paper, which might as well be any time

>>19379071
ah there you are!

yes, it is indeed bullish

>>19379070
>But if not that's an extraordinary coincidence and I can totally understand why he was so confident in his math. It defies belief that he could be wrong and still get such a specifically right answer by accident.
haha t-that would be fun i-if it happened

>>19379104
any thoughts on that?

I mean that was pretty fucking amazing.

>>19377835
I hope that was a typo. it was in '82 that they switched to zinc, and they made both that year. If you have dates up to '92 in your collection you probably have mostly zinc pennies.

I do the same, and I'm sure we're not the only ones.

>>19379110
Yeah seriously i can't tell if i'm the brainletest of all the brainlets or a pure genius rn.

>>19379080
Well if I hear of any fourth of july celebrations I'll be sure to set off some fireworks. We got at least 4 more years until the chopping block.

I'm stacking 1oz britannia's and lead in cans for now. American eagles are too high over spot for me. Only reason I want the eagles more is they look better and say God on them.

They cannot hardly keep ammo or silver in stock. People are getting nervous. When is this return to normal going to happen?

>>19379110
Anyway i guess i owe you excuses for having being rude calling you a retard when it was me, so here we are : sorry buddy.

>>19379121
>i can't tell if i'm the brainletest of all the brainlets or a pure genius rn.
both I think
your math mind is extraordinary
>>19379147
no worries, thanks for understanding

>>19379146
i guess might as well enjoy the last of it, im into fractional gold at this point but i need a break to regroup, happy with my silver stack for the time being.

>>19379004
Depends on what youre buying. Monumentmetals has 1oz Argor bars for 1785. I'm not sure what their shipping policy is. If you are getting fractional stuff then the 1/10 gold kookaburras are the best atm just shop around. 1/4 is tough there's a lot of competition.
https://www.silver.com/1915-20-corona-gold-austrian-coins-au-restrike/
^best I can find per oz (comes out to 1820/ozt)
Silvergoldbull has 1oz britannias for 1800 and those will probably appreciate in value. Goldeneaglecoin has 10gram bars for 593 (which translates to 1844/ozt).

>>19379067
The komsco/tesla coins came out to $22/oz, elephant was $890, ASE was $23, the morgan was $25 I think and the rolls of merc dimes were $70 shipped.

>>19379026
Where did you buy those qt3.14 korean girl coins?

r8 me m8. Will I make it?

>>19379394
why cartel tacobell coins instead of burger coins?

>>19379394
Based libertad stack. Respect.
>>19379385
Only apmex has them for some reason. Be warned they came with tiny scuffs on them. Maybe if I'd ordered a full roll that wouldnt have been the case but I doubt it.

>>19378939
o it would work, its just not very efficient for that particular area.

>>19379485
Do people even like KOMSCO coins? They all seem wack but I like the 2020 design.

>>19379012
I have an extensive list of places you could try if you were interested. I have several friends in Germany who mine on the Rhine weekly in fact, there are even several german / austrian youtubers who work the creeks.

I think I found some special lincoln cents

>>19378886
>Well, face value coins do for me because the government cannot legally seize them.

lol let me guess if they where seizing silver they would just ignore it and not give you the official trade value for them. Name 1 country where seizures have happened and you could just "keep" them

>>19379199
what does this even mean? The direct deposit was a voluntary alternative for receiving the check early.

>>19379550
Other country laws don't apply.
It's legal for the government to seize all bullion for debt. It's illegal for them to seize face value currency, even if it is made of precious metal.

MMT if done properly will help the economy prove me wrong.

>>19379630
Not true in the US

the IRS goes after cash and bank accounts first.

>>19378886
>It's perfectly legal for the government to seize all of your bullion.
Jesus, what shithole country do you live in?

>>19379649
How can we prove you wrong if you are right? Floating currencies are great

>$30.55 for 1oz American Silver Eagle on Apmex for any quantity
pffffffffffffhahahahaha

>>19377186
Such a scenario is inevitable.

>>19379493
is there an alternative to highbanking that area? even something I could jury rig up to make the concentrate and then clean up the gold at home? Either that or is there places somewhat near where I could find pickers perhaps?

>>19379514
No idea. I just liked the korean waifu design and they were cheaper than ASEs which is how I benchmark the upper limit on what an insane premium is.

Goldback fags are almost worse than batboi fags.

>>19379868
You could rig up a rock box or similar device as seen here minus the water wheel. Such tools are very simple to build from wood, all the fittings can be acquired for under $25, the only expensive thing will be your "miners moss". Its a thick carpet that is used to catch the gold particles. Search around locally, you may be able to find some at a decent price.

>>19380019
here is a similar tool, its called a "Rhine box" or "american box".

>>19380040
fuck forgot pic

>>19377591
What kind of things are you really after?

>>19380019
ok thanks ill look into that

>>19379419
http://www.diputados.gob.mx/LeyesBiblio/pdf/152.pdf

Artículo 2º bis.- También formarán parte del sistema las monedas metálicas acuñadas en platino, en
oro y en plata, cuyo peso, cuño, ley y demás características señalen los decretos relativos.
Párrafo reformado DOF 08-01-1986
Estas monedas:
I.- Gozarán de curso legal por el equivalente en pesos de su cotización diaria;
II.- No tendrán valor nominal;
III.- Expresarán su contenido de metal fino; y
IV.- Tendrán poder liberatorio referido exclusivamente al pago de las obligaciones mencionadas en
el segundo párrafo del artículo 7o. Dicho poder liberatorio será ilimitado en cuanto al número de
piezas a entregar en un mismo pago.


in english: Libertad coins have full debt liberation power at international market rate of the metal here in tacoland and have to be accepted as such by all banks. They do not have a denomination, so no wiseass can say they only liberate 1 USD, 1.5 Euro, 5 CAD or some other stupid number that will not mean much during a hyperinflation...

And they are cheaper (yesterday´s price was 21,29USD), the other bullion coins are treated like some super numismatic stuff and have constant ridiculous (>100%) premiums if you can get them that is. The PMG market here is really lacking.


Talking bout interesting laws... AGEs by US law are considered numismatic..... during the gold prohibition in the USA numismatic coins were exempt.... makes you think....I dont live in the US though

I deeply regret not getting either a 10 Oz Brittania bar or a 10 Oz cleanse the temple bar while they were still in stock.

Bought me some o' them there filly harmonics ya see

>>19377864
>>19377845
Its not a mine in Indonesia. Its where they had it stashed at that point in time. It likely was being held in the Philippines at the time of Marcos' death, and his will is probably posting the amount of derivatives tied to it.

I think my pic related is high grade hopium but I want to believe that the US gov. has seized this metal and is holding it along side all the silver JPM was buying for people besides themselves.

>tfw only 82 ounces of silver


I am not going to make it am I frens

>>19381542
i have less, much less. there's still time. get a few 10 oz bars if you can. spot will dip in the summer then moon going into sept-dec 2020.

>>19376038
>Minecraft bed sheets

Are you 12?

Newbie here. Perth mint coin came in beautiful capsule, but royal mint coins came in a plastic pouch. Is it worth buying capsules for these? Can the coin get scratched or get otherwise damaged by the pouch?

>>19377835
If hyperinflation is in our future then those pennies will be worth the equivalent of quarters. Save your nickels too. They're nickel and will be worth more than 5 cents soon.

>>19381530
Cope. Derivatives tied to it? That guy literally is worth like infinity dollars and has 750 thousand tons of gold.

There will be no bull run.

>>19381832
It's not his personal gold, that volume of gold keeps getting transferred around. I don't care what it means for the future price of PM, I care that:
1) That much metal actually exists
2) It likely belongs to some very rich, very bad people.

Point 1 is fascinating because it means that either the elite were basically looting literal fuck tons of gold out of dig sites and keeping it off the books, OR they have access to some kind of scifi-alchemy-bullshit technology to produce stable, elemental gold. Both are pretty damn crazy. Where do you think they got it?

>>19374084
this is quality

>>19379394
quality x2

>>19379394
Yes, you’ve stacked the patricians choice of sovereigns

>>19380499
So you’re saying if I walk into a Mexican bank with a libertad they’re obligated to give me 20 dollars worth of pesos?

>>19382047
you can walk into a taco bell and exchange it for a party box supreme too

>>19381752
dunno, but i just got the 1/4th unicorn, it better not come deep fried by that slip

>>19378803
Isn't that coin 0% silver?

>>19382064
ok you got me how did you know.
Jokes aside that’s a pretty big deal don’t you think? If boomers could trade in their eagles for 25 bucks at the bank (not that I think they would) they’d be creaming their pants over them.

>>19382072
They seem seem fine, but I can see some micro scratches on the queen’s head, coin has probably moved in the pouch during transport. Definitely disappointed these are not in a capsule

>>19382132
yeah banter aside i think its a fucking meme that an ASE is only worth a dollar, should be a 20, might even see them in circulation if that ever happened

>>19382135
can you polish things like that out or is it permanent?, not that i give a shit about the queens head

>>19382135
I'm pretty sure soft plastic shouldnt scuff the coin but maybe I'm retarded.

>>19382156
If you think that's bad, the 1oz platinum Leaves are only worth 50 CAD.

>>19382175
if youve ever felt flip plastic, its not soft, its brittle and it pushes dust and things into the coin

>>19382176
Christ that’s like 5 USD

>>19382195
The two ounce silver coin series they put out isn't quite as bad. They're worth a whole 10 CAD!

>>19382236

>>19382236
You’re right I never noticed that. I got a roll of krakens for 40$ a piece, I’m excited to see what’s next in series

>>19380151
>What kind of things are you really after?
ghost town saloon tokens from the 1800's-early 1900's

they're worth more than gold and silver and people usually just threw them in the trash. So they're fairly common and quite valuable. Some of them are worth thousands of dollars. Most are worth hundreds.

>>19382411
i ve got a few of those hidden in one of my boxes somewhere, poker chips with saloon names on them are similar and they show up from time to time in the gold camps I work in.

>>19382411
thats pretty neat , is there like a redbook value on this kinda thing?

>>19382471
that's so cool! I love any artifact that has a mining camp name on it. Honestly I've made way more money finding tokens than I ever did hunting gold. But I don't have your ground to work with, you did extremely well yesterday.

>>19382475
not really. You can register at tokencatalog.com and see what they've sold for in the past but the prices are extremely volatile and based on how many people like me find. A token might be worth $800 because there's only one out there and then I dig up a second one and the price drops to $200. I've crashed token markets for entire ghost towns before just with one week of detecting. But I also find tokens nobody has ever seen before and those are worth quite a lot. But ultimately they're just worth whatever someone on ebay will pay for them. Usually $200-$2000 depending on rarity and interest.

>>19382471
This is my junk box.

A conservative estimate of value would be about $50k US for the contents at auction. But it looks like trash and I doubt any burglar would give it a second glance. Also about half of the stuff in there is one-of-a-kind so it'd be almost impossible for a thief to sell. Some of it I found, some I bought. Just junk.

>>19382719
Close up of highest value coin please?

>>19383239
the most valuable single item in the box is probably the deck of cards.

How much cooler does 1oz of gold vs 1/2oz of gold feel in your hand. I want to buy some but it will be a while till I can afford a full oz

Image cute but not related

>>19383589
If it’s anything like silver or copper 1/2 is enough to feel and enjoy it. 1oz is amazing because of the impressive factor.

>>19379012
Scotland bro. Come on, it's know for it.
>>19379119
Nah it is actually '92, look it up. I didn't believe it until I confirmed it, thought it would be earlier too. Apparently not.
>>19382181
Ok now I'm paranoid about flips. Wtf should i store coins in?

>>19383777
>Nah it is actually '92, look it up
kek

>>19383784
>Thecoin wasoriginally minted in bronze (composition 97%copper, 2.5% zinc, 0.5% tin) between 1971 and September 1992.

>>19374466

Based

>>19384188

>>19384188
Link me.

>>19384237
Just now noticed my ID is "koin"

>>19384237
if you search his text on google it leads to info on british pennies.

this whole time we've been thinking he meant US cents and he was talking brits

>>19384188
I see my mistake, sorry.

I also take back my first comment on value. I have no idea if bong pennies are valuable. I only know US coins.

Don't die on me /PMG/

Brainlet here, you guys think that the premiums on silver are coming down the coming months?

>>19382719
It bothers me how you have that gold bar uncovered.

>>19385234
No.

>>19385560

NEW THREAD

>>19385739
>>19385739
>>19385739
>>19385739