/biz/ - Business & Finance

>>19976993
This movie sucked ass

>>19976993
Who else got in early and got good prices. I got these on march 14th and a gold kruger for 1600!

>>19977020
How early are we talkin'

>>19977020
I bought most of my stack like 5 years ago when silver was selling for ~$14/oz. My first 10oz-er was $16.67/ozt, then we bought again at ~$15.50 and again at ~$14. Price average for me is around $15/ozt on a little over 300ozt.

what a shit thread starter

I’ve just ordered my first kilo bar of silver and a 1 gram bar of gold. Waiting for the mail to come. Excited.

This gold hoarding has activated my inner magpie and I actually want to save properly for once in my life. Recovering gambler with a new purpose

>>19976993
>>19974621
Based and guru-pilled, fren. You're GMI.

I tend to see common sense as, well, common. Unfortunately, I quickly forget that these days, it isn't.

I don't really put too much away on silver on account of being a poorfag wagie, but I can drop 20 clownbux from my weekly (((paycheck))) on it without compromising my savings strategies. I'm making sure to build up my clownbux stack as well as an insurance policy against pre-reset crises, like, say, losing my shitty, slave-wages job, or just needing to quit and find better employment. I'm in the process of looking now

I will purchase things that I need and don't have when I need them, but I watch my spending.

Similarly, I won't deny myself luxury goods and services that I know I will get enough use out of to justify their purchase.

After all, as you so eloquently and simply stated: "Moderation in all things."

>>19974537
In 1964, minimum wage was just under 0.9ozt of silver an hour ($1.25FV in 90% coinage). Today, that minimum wage has fallen to less than half of that (0.4ozt in clownbux at spot today). We've been earning less and less in real terms for some time now.

>>19977003
what movie is it? i don't think i've ever seen adam sandler play a jew before?

>>19977003
that is incorrect

>>19977020
Bought gold high recently, though :/ I'm betting the 10 trillion dollars we just printed are going to drive the price of gold up in the mid-term future.

>>19977122
I don't know what it's called, it's just a garbage movie.

>>19977075
>1 gram bar
brother why would you willingly pay 30% premium on gold.

Poorfag stacklet here, what do I buy next, silver or gold? Bars or coins? Do I even buy at all now?

>>19977122
Uncut gems on netflix, he is ultra degenerate gambler jew in this movie

>>19977151
FOMO, I’d rather have a little then none. I was getting anxious not having any after reading all these threads. Now I will get higher amounts of gold when I can afford it. I did the maths and yes I was paying a higher premium but the same place buys back those same sized bars at a higher premium as well.

>>19977168
Get at least 1 oz of gold, then stack silver until the price breaks 50/oz

>>19977151
>be me
>we wuz kangz but now we sellin dope
>homie tyrelle swing by for a pickup
>whip out pic related and 1 gram gold bars to measure out the dro
>instant clout now thats a come up boiiii

>>19977181
What's the point of having so much gold? Isn't it better to buy silver now?

>>19977168
silver bullion buy whatever you can for the lowest premiums

>>19977151
I just double checked and I bought the gram for 97$ aud and which translates to 2750$ aud and ounce or 161$ aud above spot so it’s not even that bad at all

>>19977170
ty sir

>>19977199
Gold is going to spike too, just not as much as silver. You'll want at least a little gold to go with your silver stacks.

>>19977199
yes silver is still the better investment, but just because silver will moon more doesn't mean you should ignore gold.
me personally i'm all in on silver. but i can see why people would want gold, its easier to hide for one...

>>19977151
Also if I was to buy a 1/20 oz coin from the same place it translates to 3700$ oz a coin. So they actually fairly price the gold bars if you’d like to check it’s on http://www.perthmintbullion.com/au/Buy-Gold-Coins.aspx

>>19977208
Yeah that's why I was buying the roos, but now brittanias are available again and cheaper so I will buy 30.

From last thread:

>>19974621
Based and guru-pilled, fren. You're GMI.

I tend to see common sense as, well, common. Unfortunately, I quickly forget that these days, it isn't.

I don't really put too much away on silver on account of being a poorfag wagie, but I can drop 20 clownbux from my weekly (((paycheck))) on it without compromising my savings strategies. I'm making sure to build up my clownbux stack as well as an insurance policy against pre-reset crises, like, say, losing my shitty, slave-wages job, or just needing to quit and find better employment. I'm in the process of looking now

I will purchase things that I need and don't have when I need them, but I watch my spending.

Similarly, I won't deny myself luxury goods and services that I know I will get enough use out of to justify their purchase.

After all, as you so eloquently and simply stated: "Moderation in all things."

>>19974537
In 1964, minimum wage was just under 0.9ozt of silver an hour ($1.25FV in 90% coinage). Today, that minimum wage has fallen to less than half of that (0.4ozt in clownbux at spot today). We've been earning less and less in real terms for some time now.

>>19977245
my god anon, gold won't even hit $3,700 USD in the next 5 years. what are you doing?

>>19977285
That’s in Australian dollars. I didn’t buy the coins. I bought the 1gram bar, check here http://www.perthmintbullion.com/au/Buy-Gold-Bars.aspx

Sup /pmg/ bros. What’s your take on silverware from the 1800s? I know particular sets are 9.75 Troy ozs of silver. What’s the likelihood of getting spot price for them though?

>>19977285
The current spot for gold in aud is 2588 per oz which is almost exactly the same as USD spot when calculated. I only payed 160~ aud above spot per oz for my 1 gram bar.

>>19977348
i'd say your best bet is selling it to an individual since they would most likely pay atleast spot for them.
but honestly it might not be worth the effort, and selling for a dollar below spot so they can get sent off to be refined, would probably be your quickest bet

>>19977168
Silver. Play the ratio and trade up for gold once the ratio corrects.

>>19977368
okay, yeah thats a pretty decent premium for those. i do feel like those 1gram bars are a meme though.
i have looked at these coins before, always been tempted because their cheap, and small but i just have a hard time spending money on gold...

dont mind me, just dropping this one more time for the anon who said it would never make it to me

>>19977490
helps if i add the link .24oz
https://sdbullion.com/5-us-commemorative-gold-coins-bu-proof?utm_source=findbullionprices.com

>>19977217
You paid a lot more premium than you think. There are 31.1 grams per troy ounce. Gold is currently $1,783 USD/ozt so 1 gram would be $57.33 USD. $1 USD is $0.6865 AUD so price in AUD would be $83.51 AUD. You paid a 16% premium over the spot price (maybe less if you bought a few days earlier when gold was less expensive).

$97 AUD * 31.1 grams = $3,016.70 AUD for a troy ounce of gold based on the price you paid. The spot price in AUD for a troy ounce of gold is $2,597 AUD. The typical premium for a one ounce coin is about 6% so that bring the price to $2,752 AUD. There an extra premium charged for smaller quantities of gold but you paid a very dear premium of $419.70 AUD, or $419.70/$2,597 = 16%.

>>19977003
Agree, worst ending ever

Unless you see it as a greedy slimey jew finally getting his comeuppance, actually...

>>19977523
perhaps the movie is one giant black pill?

>>19976993
Why didnt you buy buffalos on sale 3 days ago anon?

>>19977523
>>19977559
The whole movie is just a cast of blacks and jews being maximally horrible to each other all the time. I'm surprised it even got funded, really.

>>19977562
I'm waiting for the Asahi Rounds to go on sale (missed the previous sale)

>>19977694
when are they going on sale?

There will be a bunch of sales next week most likely since July 4th is next Saturday.

>>19977814
ok good call. ill wait to order anything until then

>>19977075
you ever try craps, shit's the best feeling if you're on a great roll. try it, statistically the best odds in the casino as well

Is Gold Rush on Discovery worth a binge?

>>19977236
I think gold will start moving first. Harder to keep the price in check if you're a MM. And industrial demand is going to lag for a while. We'll probably just see silver bullion premiums rise before we see COMEX prices rise

>>19977961
This. They make MS-Solitaire-like simulators for those who want to learn.

/ptg/ here, how many of you actually realize profits on this stuff in a given month? You don't just sit on it, right?

>>19978260
You'd have to be pants on head retarded to buy and sell gold/silver on a regular basis instead of using it as a long term risk-free inflation yielding savings account.

That's what gold/mining silver shares and the GDX/ETFs are for. Physical gold and silver are not for pumping and dumping like some shit coin.

>>19977488
>Playing the ratio

Same here my nigga. I got 2k oz's of silver instead of 20oz's of gold.

I hope to be able to turn that silver into 100-200oz's gold.

>>19978260
do you realize your profits on your house or car monthly?

>>19978348
I realize profits on my stocks.

>>19978417
I hope you enjoy the taste the taste of your glock moron.

>>19977128
>trumpfag has pleb taste

>>19978434
I'm more of an HK guy.

>>19978474
ill give you a hint, they both taste like german garbage

>>19978474
Sweet, livestream your suicide when the depression hits.

>>19977003

Agreed. Judaic mind-rot.

Absolute waste of time.

>>19976993
hows everyone doing today? Golds up again. I went on a short hike today and found this nice little chunk of gold Cosalite ore. Rare stuff, I might sell this one for $300.

>>19977972
I liked the early seasons from 1-5 but after that there was too much bs drama for my liking.

>>19978580
Can I have it for free?

>>19978580
You mean the silvery stuff on that rock is gold?

>>19977972
no. reality tv sucks. especially north american reality tv

>>19978667
Ahem*

>>19978667
I will give it to you for your tight boy hole

>>19978667
*for $1?

>>19977562
I actually bought 50 of those bad boys since they were cheaper than 10oz bars. Got em @ $20.30 each though.

>>19978739
I accept your offer. I always needed a bit of stretching

>>19978706
its lead gold ore, its a rare mineral that doesnt come up very often, collectors like it for its small wire crystals.

is it contagious?

>really want some 10 oz scottsdale stackers
>dont want to wait 60 days shipping from them
>no longer have them on their ebay account
>cant find them anywhere else

anons...

so many Pan Mans... so surreal

>>19978980
>>19978827
>>19978764
>>19978739
This is fucking stupid.

>>19979066
yea not sure why so many people copied me at once sorry. Also didnt realize how shit my phone camera is, I ll fix that shortly.

>>19978243
I had this black guy join my table the other day and he took like 2 min per roll to make fucking bets and was losing hundreds of bucks and eventually accused the dealers of not paying the complicated bets he was placing and was looking at me like 'you saw my bet right?!' but I just said no. As he was playing he was getting more and more irate and eventually replaced the regular face mask he had with a black lives matter one and was glaring at the white pit boss and shit, it was a pretty funny scene. He ended up hitting his bets and probably made up his money, I ended up losing like 100. I like the characters that come to play, definitely one of the parts of craps that makes it more entertaining

>>19978341
damn.
i just want to buy like a few 5oz coins.
i wish i had your capital.

>>19979156
Been saving 60% of my net pay since Oct. 2018 to get where I am.

>>19976993
I hate that movie.

Just ordered another 100 ounce bar. Can't wait to get it on my filthy floor and take lewd pictures of it and then wrap it in plastic bags and bury it

>>19977523
To me the ending kind of makes me think the kike director was making a jab at barbarians killing jews in rome and raiding their temple.

>>19979384
Do you really bury them? Based

>>19977521
Ah shit haha, I was calculating to a normal ounce not Troy my mistake

Why did it go down???

>>19979499
Fed put the money printer in reverse. Based.

FORMERLY
WELL
TO
DO

>>19977003

>seeing Jews as they actually are
>bad

Fuck off JIDF

>>19979456
I hope my posting was helpful. You bought a small quantity of gold so it's not a lot of money.

For everyone else, please be very careful when converting between weights (understand the difference between avoirdupois and troy systems of measure) and currencies and consider very carefully the premiums you are paying. In US dollars, to break even on a 16% premium on gold means that the price of gold must hit a new all time high of $2,068 from the previous all time high of $1,918 or so in 2011.

>>19979384
100oz bars seem like a relatively bad value desu. I see 1oz rounds for the same price as 100oz bars.

>>19979538

>>19979612
i think 1oz govt coins will have better value. but at the same time i can't say that generic rounds will be better then 100oz bars. easier to get rid of? for sure, but will you actually get a better price, thats hard to say

>>19979223
lol.
my networth is low.
army fag.

>>19979612
>100oz bars seem like a relatively bad value desu. I see 1oz rounds for the same price as 100oz bars.

100:1 ratio

Exactly the opposite, silver is the best value. If/when the ratio goes down to 20:1 ratio, you just made 5x your gold.

>>19979612
can you show me links when 100oz bars have the same price as 1oz coins?
i will buy all i can get if its true.

>>19979679
https://findbullionprices.com/closest-to-spot/
according to his the 100oz bars are a whole 8 cents cheaper per ounce

>>19979665
>>19979679
I'm talking about 100x 1oz silver rounds for the same price as 100oz bars.

>>19979690
>https://findbullionprices.com/closest-to-spot/
thanks bro. bookmarked for when i get my next pay.

>>19979753
aahh my bad, usually you're paying a few hundred dollars more to premiums for the rounds.

>>19976993
Just started a few weeks back, its all finnished coming in the post today

>>19979874
Also got this coming in the post but I thought it was a good meme round

>>19979874
very nice fren, keep on stackin

>>19980059
Cheers I'm planning on trying to keep to half 10 oz bars to 1 oz coins 50/50 and then get some of the lunar year stuff cause I think it looks cool

>>19976993
should I buy some stonks or just stick to shiny rocks? I started stacking in may and have about 2000 oz of silver and little over 2.5 oz of gold. I never trusted the financial system, but was too lazy to do anything untill the corona wake-up call. What I gathered from several sources is that gold and silver are to preserve your wealth and stocks are to increase it, so I intended to buy some SILJ and GDXJ, but it turns out almost every country in the EU has been scammed out of buying most of ETFs.. Should I buy the stock of the larger miners recommended in these threads that are available in my coutry, or should I stick to physical? Sorry for an incoherent post, but I'm drunk as fuck

>>19977003

Bro the movie is an experience not a traditional movie. And it has an important point to it.

>>19979660
Do you even budget bro!?

For real, do it. Once you do you'll see where all your money is actually going, and you can figure out how to maximize the savings.

What's the range of your monthly income?

>>19980110
i assume its 20% liquor and 80% strip clubs
>>19980100
i'm getting that feel, but i have to keep stopping the movie becuase of work lol
>>19980098
yeah anon at that point why not invest in some stocks as well. i don't know if i would stop buying physical though...

>>19979548
I'm not jidf I'm a working class American.

>>19980100
If you don't already know that you shouldn't be a degenerate gambler then do I feel sorry for you, otherwise I appreciated how they attached metaphysical properties to the opal the basketball American wanted so bad, I've definitely felt such conviction about obtaining minerals and shiny rocks.

>>19978713
>tv sucks
*ftfy

>>19978493
Glock
German
Can't imply on phone

>>19981058
is there a difference?

>>19979874
Very aesthetic, but maximize weight imo

I love fondling my silver, it feels so nice in hand and its amazing because it is gods money and jewish bankers can't steal its value.

>>19981258
I agree with Howard Johnson. Get some 10oz bars.

>>19979646
>i think 1oz govt coins will have better value.
Why? Silver is silver. You'll be hard pressed to find a dealer that'll give you over spot for your coins, no matter how shiny or government-issued. Maybe a 50c premium on ASEs since they know they can charge $3 extra on flipping those. But that's about it.

>>19981573
why do you believe this? what in your own experiences have led you to this conclusion?
because everything i've seen says demand is everything for bullion, and i've never heard a collector talk about his generic round collections

>>19976993
Fuck the feds

>>19981600
You're paying an extra premium like a lotto ticket that you hope will pay off in the form of that particular coin becoming a collector's item. Most of the time it's a bust and you're paying extra for the same damn silver. I won't pretend to have hard data to back me up or anything but I would personally prefer to own 5% more actual, physical, in-my-vault silver than spend an extra 5% premium for the privilege of buying a bunch of coins with a queen's face on them.

>>19981629
the lotto ticket is buying rounds hoping one of them ends up worth something.
when you buy ASEs i mean sure when you add in the premium and the extra you get selling them today it doesn't equal out. but i'm not planning on selling below 50/oz and i doubt i be able to sell any generics anywhere near spot, while i'm willing to bet demand for ASE's will hold and i'll get at least spot for them

>>19981739
if they do stop minting the current ASE designs, which started in 1986 i believe, it seems they will only become more sought after due to there inevitable "rarity"
especially condidering the new designs probably use some BLM solidarity crap like an image of some lesbian trans black thing which no one will want
i could see ASEs gaining huge value within the next decades and by the time your grand childten are adults theyll prob be wirth thousands a piece, possibly

>>19980110
>>19980164
nah. i actaully grow up poor, so i hate spending money. let alone spending money on whores.
i have to help my family, thats why i dont have that much money avaliable to me.
still, i invest in stock market.
i been budgeting my money from the time i started elementry school.

>>19981610
nice bag fren

>>19981739
Why do you think your generic silver won’t sell when the price nearly triples? Seems to me increased price means increased demand, but definitely nobody’s going to want expensive silver unless it has an eagle on it?

>>19980164
btw, i dont drink, or do drugs.
in general i hate anything that make me forget my situation in life.
i believe it makes me weak

Any of you Anons have the thread that details why the US fiat will collapse this time? It's from another board, but I can't find it...Thanks in advance!

>>19981804
oh they are changing the back next year, thats going to happen. its my crude understanding, that making the parts to make stamped coins isn't a quick process, so they already have the equipment on hand with the new design.
i think the only reason they haven't revealed the new design is because it has a RFID chip in it and everyone will hate it...

>>19981829
well to be honest most generics get sold and remelted to make more generics, so when the price moons, people won't be able to purchase as much as they were before, which means lower demand for coins, at a certain point i think those generics will end up being sold off to get smelted and used in industrial applications, very little profit compared to bullion.

>>19981824
i don't recall what happened to my JMB bag. was funny to be an actual bagholder. miss that lil fucker. feels bad man. don't drink alcohol in excess, my frens.

>>19981915
>it has a RFID chip in it
welp, i wont be buying any of those fuckers. fuck

>>19982045
Right???? Hell no, mr. Uncle Sam, you don't get to track my shit with your digital fuckery.

>Source image for proposed new design of American Silver and Gold Eagle coins.
O_O

>>19982114
supposedly its for anti counterfeiting measures

>>19982204
yeah anon i think everyone knows in the coin world, the pretty pictures on the coins make demand, and if they did that, the demand for new coins would drop to a 35 yr low lol

>>19977168
Hey fellow Iraq bro.

>>19981915
your comment about generics makes zero sense, generics are in fact bullion. They may not grab the same premium as SE's or maples, but they also do not cost the premiums either, its a total wash. Lots of places will grudgingly give you spot for both, if you have a good relationship with the place, maybe give you a small premium for SE/maples, but that is is.

>>19982356
so when silver triples, will you spend 3 times the money on silver? or will you spend the same or even less on silver?
when tens millions of normies can only buy a third of what they could previously, then the demand for bullion over all drops. and generics will take the first hit and maybe the hardest. next will be the commemorative coins and govt mints no ones heard of...
also i'm tired of this silver is silver line. i don't know anyone who would look at a ASE and a buffalo round and think they're worth the same.

>>19982221
I'm sure the chinks will be overjoyed to finally be able to put their own chips in the counterfeits.

>>19982399
maybe i got a little over board about the silver is silver line, but even now sd bullion will buy a ASE +$3 while generics +$0.50.
and they sell there generics for +2.25 and their eagles for +6.85
so to be honest its been a minute since i've bought any ASE's been grabbing other govt mints, but don't under estimate the demand for ASE's
i'm going to start buying ASEs when they go on sale for under 23/oz

>>19982466
noooooo! not the chiperinos!!!!

>>19982399
Why will the price going up If there is no one willing to buy the oz of silver in your generic round! the situation you describe sounds an awful lot like fiat and inflation with only your govt issued ASEs holding value because they look nice

>2021 Silver Eagles get a shitty design and RFID or some other bullshit security feature

What happens to the price of 2020 and earlier Eagles? Also I thought the Gold Eagles were getting a new design too.

>>19982535
well silver going up can be caused by a few things. industry demand, inflation, or massive world wide hording.
which the later is more true with gold then silver. you hear about those samsung batteries? we're entering a perfect storm where industrial demand + inflation + boomers = moon mission to mars

>>19982114
Payid, look it up.

>>19982399
>when tens millions of normies can only buy a third of what they could previously, then the demand for bullion over all drops
Dude you have the most bass ackwards understanding of economics. The price of silver will triple precisely because there will be three times as much demand for it. That's how supply and demand work. You seem to think the price of silver will triple out of nowhere, for no reason, and consequently peoples' demand for it will slash by a third. You're putting the cart before the horse.

>i don't know anyone who would look at a ASE and a buffalo round and think they're worth the same.

Well they both have a troy ounce of silver in them so why the fuck should they be worth any different?

>>19982667
so you are saying when silver hits 60/oz you'll be buying just as many ounces and so will your friends?

>>19976993
Fuck this movie. I hate Jews.

Only good scene was this one.

>>19982687
......wow, you really are retarded.

>>19982709
all i'm asking is if you'll be buying silver when its 60/oz
i don't get whats so hard to understand about silver and that bullion doesn't make up the majority of demand

>>19981824
OH GOD I--I-I'M
IM BULLIOOOONNNN

>>19982503
I just said that you SELL SE at spot +a premium, which is a fact.

you also BUY SE's at spot plus a premium... another indisputable fact.

This means that you spend more, and receive more, it is a wash... you spend spot +3 or 4$ on eagles, and you receive spot + 1 or 2 $ for those same eagles.

Generic rounds you buy for spot +1$ and sell for spot.

You sound like you never sold PM's before....

>>19982687
>so you are saying when silver hits 60/oz you'll be buying just as many ounces and so will your friends?
at 60/oz i'll be stacking 8 oz a month instead of 20

>>19982751
well hello there reddit
i believe i agreed with you that today if you bought a ASE you would not get as much back. i believe i also made it quite clear that i'm not selling my silver for below 50/oz which is an entirely different scenario

>>19982751
>he's daytrading his bullion
tard alert

>>19982503
>sd bullion will buy a ASE +$3 while generics +$0.50.
>and they sell there generics for +2.25 and their eagles for +6.85

you need to learn how to into math...

assuming you bough both a generic and a eagle on the same day, the generic would be a net loss of 1.75$ because of premiums, while the ealges are a net loss of 3.85$ because of premiums.

how do you not understand this? You will always have to buy with much larger premiums then you will get when you sell.

>>19982788
hello? are you a bot? can you please tell me you're a human or at least a poo in lou...
how have i not answered this already...

>>19982782
last time I sold it was in 2011, good times. Not sure why explaining how premiums work is day trading to you, it is important to know how to sell PM's, and get the best price for them if you wanna make it to those sweet FWTDHWAHOQA bj's

Just picked up 2ilbs 6 oz of 80% for 450$ cad too, gonna keep stacking on the next dip

>>19980739
that's true. i don't even own a tv anymore. haven't for years

What's the deal with /pmg/? I understand that you're investing in metals, but how would you even sell the metals if you ever wanted to cash in? Retail investors would only be buying from the the mint, and selling it to pawn dealers will be at such a discount that you'll lose money even with a significant rise in price

>>19982830
sorry anon. i was joking. im still stacking too.

>selling money for currency
i seriously hope you guys don't do this

Bought 1000 rds of 9mm, 300 .22 mag, and 100 30-06 today Still need another 550 rds of .22 mag and something like 600 more 30-06, but I feel a bit better about my chances now. I also got more mags for everything that took mags.

>>19982830
10.72 USD per ounce of silver... either you robbed some little old lady blind or i'm calling BS

>>19982813
hey you do you, if you really enjoy paying the extra premium when you buy, and then losing a buck or two extra when you sell due to that premium not translating into selling, go for it. By the time silver hits triple digits I doubt you will care if a few hundred OZ net you a couple hundred bucks less/more. But it isnt the wisest choice as you could have simply bought more silver instead of having that cash used on premiums.

>>19982850
nice boots fren

>>19982870
good shit anon, always safe to stack nato rounds as well, i know i need more .22 rounds myself

>>19982875
I had to drive to a small town and I scour estate sales for opportunities anon.

Believe it or not, hard work, being charming/negotiating pays off. The other guy was quite happy as he hunted most of it when it was super cheap. He was offered much less by local pawn/coin shops, I dont think he understood the internet very well, but again, we both walked away happy so win win.

>>19982884
pls answer

>>19982920
sure fren, silver and gold are more about saving your wealth in times of inflation or war. so most people don't plan on selling anytime soon. with that said, person to person is usually the best, but you have to be careful of fakes or people giving you 40% of its value...
online dealers are pretty legit, i've sold to sd bullion and the online price vs the actual price quoted was quite similar.

>>19982850
>Retail investors would only be buying from the the mint

>>19982850
everyone who sells PM's also buys them.
Lots of pawn shops rip people off, but some dont, and some will lowball you but give you spot if you are persistent/negotiate.

Online dealers generally give you spot or close to it, maybe a fraction of your premium back.

Assayers will buy impure stuff at 95% spot if you go to the right one, jeff williams on YT has a good video on selling if you want to know more.

>>19982866
dubs for a dip!

>>19982727
You fucking retard. He may not be willing to pay 60/oz, but the price only gets to 60/oz because the vast majority of the other potential customers are, in fact, willing to pay that much or even more. Talking about bullion premiums over spot if also stupid because the spot price is fake and gay and is only as low as it is to do the scam that is the SLV ETF. Besides, we hit peak silver output years ago. What does it tell you about the spot price being reflective of reality when mine outputs have been decreasing, while industrial AND consumer demand have been rising, but the spot doesn't move? Doesn't that strike you as beyond a little fucky?

i'd pay 60/oz

What will monday open to

>>19983093
well you seem like you want to debate so...
i don't see demand for bullion holding at 60/oz, are you willing to pay 60/oz for a buffalo round? because chances are not many people will. and then whos left to buy it, industry. but industry isn't going to take 1oz rounds to melt down into circuit boards, they'll want it processed for their specific machines. so that means you have to sell it at a loss so it can be converted into a useable product.
or you could just buy ASE's and not have to worry if your LCS wants them

>>19978580
hmu shawty

just came back from lightning ridge with a few ounces of cutting rough and a ball biter harlequin

>>19979499
what the fuck

>>19983319
Yeah I'm very confused. Did debtclock update their numbers or something? It's still an absurdly high number, but I've been getting catharsis out of watching that ratio steadily increase every day.

redpill me on metals, then, if it's not about reselling after appreciation

>>19977170
i just finished this movie. pretty interesting felt like a documentary more then a movie. the ending was surprising but a good twist never hurts.

>>19983855
just buy some silver and stick it in your basement for 3 years. you'll thank me later...

>>19983860
how is the movie pmg related

>>19983878
ummm lots of jews on /biz and shiny objects are like /pmg.... ummmm

>>19983878
>>19983898
speaking of jewelry. do any of you guys keep jewelry as an investment? I buy small rings for my wife in 10 and 14k gold. as long as I get them at or under cost, I don't mind. honestly, it is the only way I know of that you can still get gold under spot.

>>19984035
Where do you get it under or at spot?

>>19984050
local pawn shops. if you hunt it down, do the math, and then haggle I can usually get it a percent or 2 under spot.

>>19984063
How do you know its real gold they are selling you? Anything outside dealers freak me out and I only trust dealers because they get so many orders there is bound to be some autists with the means to test the shit they buy from them and it would be well known if JMB or someone were selling fakes

>>19984063
i try to avoid pawn shops, in my experince they deal with some of the shadiest people. and true since they buy it at 25-50% its value does mean you can usually get a decent deal.
but i'd rather just not use them and hope everyone else stops buying the shit meth addicts sell them. with any luck maybe demand for stolen goods would go down...

>>19984100
i have heard that even the big dealers will get some high quality fakes from time to time. but they always make it right, they can't risk having that on their reputation

>>19984100
I have a friend who has a machine to test gold, I have no idea how it works because I'm a brainlet, but I have up till this point never got anything fake. The closest I got was a ring I thought was 18k, but turned out to be 14k.
>>19984109
I agree, it's a disgusting place for a number of reasons, but it's not like pawn shops (or drug addicts for that matter) are going anywhere.

>>19984136
i can dream... i really just hate tweakers (meth addicts) i feel like their the stories europeans tell about gypsies but on steroids

>>19984193
I grew up in a town that was devastated by meth, and then heroin in the 2000's. It went from a quaint suburban paradise to a hell hole real fast. they made a lot of progress through stiff law and order type stuff, but with BLM/police brutality shit going on I imagine it'll get worse again.

>>19984109
>>19984063
Do pawn shops make you fill out any forms or ask for phone numbers or addresses when buying gold or silver or anything of value in general? ID? I was looking for some rare PS2 games when I saw a man trying to buy a 3DS with his kid and saw all the bullshit involved in buying it. I just walked out. Never been back. Its kind of a nice pawn shop in a nice area.

Am I retarded for thinking these could appreciate a lot?

>>19984206
many such sad stories, no good anon
>>19984231
in theory yes, and alot of pawn shop employees don't play hard and fast with the rules, but thats the trick. just because the pwns you see don't do shady shit doesn't mean the manager/owner isn't dealing with someone to traffic stolen goods. and i've heard its pretty easy to cover your tracks one or twice, so as long as you don't get caught to often no one catchs on

>>19984262
honestly disney shit has demand. and disney has been around for ever so theirs always people with money who like disney stuff...
but you would have to find that niche market i don't think you could just sell it to a coin shop

>>19984267
I dont see what is shady in buying that they would want all kinds of identification. The guy wanted a 3DS not even the new ones must have been like $40 tops

>>19984300
there are cash reporting limits, but mostly they only require an id if you buy a firearm or something of that nature.
when you sell to them, thats when they're supposed to get a valid govt id and contact info...
but its quite easy to use the forms someone filled out when they sold something else, with a few touch ups and bam now some legit out of town person sold that stolen item

>>19984231
I've never filled a single piece of paper work when buy gold.

>>19984357
Then my pawnshop is a fag, asked for a bunch of shit for some guy trying to buy a 3DS with his kid there.

>>19984368
something else was going on, perhaps he had already pawned or sold a item and he told his kid he would buy him a game

>>19984368
Certain items have a 30 day warranty. That may have been why they needed a name.

>>19984391
>>19984393
Hmm maybe, makes sense. Ill check out my pawn shop again and see what they have.

>>19984035
>>19984063
I was gonna say this is genius but then I realized that even a huge ring is like 8-9 grams tops and at 10k thats less than 3.5g of gold and at current price of ~$57/g thats just about $200 so at 2% under spot you save... $4 maybe $8-$10 if you compare to paying a 2-3% premium. Now compare that to the cost and time of driving to the local pawn shop, browsing the wares, haggling, etc...
And remember this is a BEST case scenario, I think you are better off just working more and buying gold online from the convince of your home.

>>19984035
Not jewelry specifically but I do have gemstones, pearls, and gold. Jewelry is just a good way to package these and can add value. Everyone will always love treasure anon, so I try and get as much of it as I can.

4 Dukaten Österreich

>>19984280
yeah, antique school lunch boxes are a niche collectible that can fetch high prices too if you know how to find them and where to sell them

>>19982831
i have a tv for playing vidya, watching dvd/blu ray movies, or stream movies thru netflix, amazon video, YT.
but havent watched regular tv in 20 years
i cant stand to see or hear regular tv programming. i refuse to. i avoid the idiot tube programming at all costs.

are you really going to get that much above spot for cull eagles? If thats the case then why not put every eagle you own into airtights? And if you are gonna handle your eagles and let them oxydize in a tube why not just get generics? I stack both and I'm going mostly with Junk silver and generics right now but I'm just trying to understand why people would still spend a premium on eagles that arent BU or in an airtight

>>19985190

> why would anyone pay a premium for a rolls royce
> its just an engine and four wheels

>>19985190
People are scared and buying eagles because they don't know what else they will be able to sell should they need to. Buy what you want to keep it fun. A tarnished coin is better than no coin. The vast majority of people do things based on emotion, not logic. You are probably not immune from this either. Buy bars for the low premium, and coins from time to time that you like the design of, even at $7 over spot, because you could have ordered a pizza instead of what you did after thinking about it: making a sandwich, a good sandwich that you decided to make at home so that you could buy an extra coin this month.

>>19977230
>>19977236
>silver is going to moon more than gold
What makes you guys think this?
Reasons this wouldn't happen?

>>19985556
ratios

>>19983163
>i don't see demand for bullion holding at 60/oz, are you willing to pay 60/oz for a buffalo round?
silver spot was ~$4.20 in 2001
>fast forward to 2010
>i don't see demand for bullion holding at 19/oz, are you willing to pay 19/oz for a buffalo round?
>fast forward to 2011
>i don't see demand for bullion holding at 28/oz, are you willing to pay 28/oz for a buffalo round?
>2012
>i don't see demand for bullion holding at 33/oz, are you willing to pay 33/oz for a buffalo round?
this is how you sound mr. zoom zoom

morning frens
Congratulations, we made it to another /pmg/ Sunday Sunday Sunday!

Redpill these zoomer faggots on inflation and the infinite money printers, they don’t understand anything

>>19979874
How and where are you getting pamp suisse bars?

>>19980164
Stop wasting your money on strip clubs
You can spend way less money at an Asian massage parlor

>>19980100
this, the people who didn't like it didn't get the commentary
that movie is art

>>19983855
It's to avoid inflation you dip

>>19985055
Too beautiful

>>19985190
Gold doesn't tarnish

>>19985566
Please explain

>>19986076

>>19983093
>Doesn't that strike you as beyond a little fucky?
No, it strikes me as kikey.

>>19985625
That is excellent, thanks fren, I love your work.

>>19985625
Thanks fren, love your work!

Double-post... the server must have been slow.

>>19984262
Yes, you're retarded

anybody else thinking of really loading up on ASEs since this is the last mint year for the current design?
ive got an idea they could be increasing in value and desirability once this series is ended and the probably shitty new designs come out

>>19986102
Historically the price of gold vs the price of silver is between 1:12 -1:30 - that is to say it took anywhere from 12ozt silver to 30ozt silver to trade for 1ozt of gold depending on markets and turmoil. It's currently about 1:100. Such a discrepancy suggests manipulation and manipulation never lasts. A correction is coming.

>>19986842

the government set the ratio though...

>>19987034
Not quite understanding what you mean...

>>19986699
Think you're on to something there anon but I like those peace dollars more.

>>19986699
Thinking about it if spot/premium ever drops low enough. There's probably 10,000 boomers thinking the same thing.

>>19987071

a government set ratio is arbitrary.

>>19986842
The ratio is low because silver isn't used as currency anymore. It has less utility.

>>19987085
>There's probably 10,000 boomers thinking the same thing.
yeah. this is why collectibles made to be collectibes are only worth scrap after a couple years in 99% of cases

>>19985874
bullion by post

https://www.bullionbypost.co.uk/silver-bars/10oz-silver-bars/pamp-10oz-silver-bar-minted/

>>19987117
Which government and when?

>>19987305
That's one opinion. A bunch of folks seem to think it's being held low artificially so that JPM can keep stockpiling.

anybody ever dealt with this place before?
is it legit?

https://shopcsntv.com/catalog/product/view/id/1250/s/1986-2019-silver-eagle-date-run-album/category/25/

I know its one of those shop at home tv places but they have a complete date set of ASEs available

>>19987377
> he doesn't know... that the governments of the past were set up for the sole purpose of making way for the United states government.

>>19987454
Just hunt the different years yourself and save the money

>>19987472
some of those years are hard to find and can be $50+ per coin

>>19982850
how much were those boots? :) I'd give you two (direct from the mint) ASE's for them!

>>19977494
Bump. I saw the older thread where only like 500 of these were ever printed and some anon said its way to expensive for being only 2oz silver. It's a very nice collectors piece that I believe will increase in value.

>>19987455
>implying implications

when do you guys think premiums will stabilize specifically for silver ? Will they ever recover ? I see them going down a little bit but still p high.

What gold miners is everyone invested in?

>>19983237
Not bad man keep at it! I almost worked at Lightning Ridge but the guys who hired me couldnt get me into australia.

>>19987773

>>19987752
>when do you guys think premiums will stabilize specifically for silver ?
never
>Will they ever recover ?
what do you mean will they recover?
>see them going down a little bit but still p high.
yep. i been noticing that too. premiums on some bullion/coins still very high. others not too bad, depending on vendor. its really and miss rn. you could easily save yourself $50 to $100s of dollars on lower premiums if you find the right deal at the right vendor at the right time. but it takes some hunting

>>19987832
>its really *hit* and miss rn.
damn keyboard

>>19987377
Because 6 JPM traders are awaiting trial for precious metals manipulation

>>19987941
https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKBN1XP2FQ

>>19985055
>.7mm thickness
Pretty, just don't sneeze on it or you might snap it in half

>>19978341
son of a bitch i am wet
here is a qt for ur commitment to wealth preservation

>>19984728
I don't go to pawn shops because it's the easiest way to buy gold, it's more of a hobby than anything. I tend to by coins as my investment in general.

only cyber rounds can save us from the collapse.

>>19987506
Which years are those?

>>19988591
i dont remember. just recall in the past i was looking at doing this and found certain years were more pricey either because older or low mintage years.
thinking its some of the 80s or 90s years idk

>>19987454
They are probably legit, call them and if an American answers you're probably okay.

>>19988666
Yeah, well still, you can get most of those coins for regular premiums, might be worth it to pay those prices for the key dates. It could end up being a good investment if the new eagle they design turns out to be shit.

>>19988694
yeah, i know you might be right about that. im just not feeling like going to the trouble of searching one coin one year at a time

>>19988744
what trouble?

>>19988957
I think the variances in the price of ASEs are primarily in the proof strikes. The bullion coins are, for the most part, have little to no numismatic value. This year's Philadelphia ASE bullion coins are a major exception.

>>19988957
>all $33+/coin.
those price are only like 1 to 2 dollars less per coin than what i would pay per coin avg if i buy the whole set at once. including those few years i know cost more

>>19989116
Well then there you go.

>>19988535
Every generic round manufacturer could easily make their rounds as aesthetic as Asahis. Instead they choose to stamp their shit with ugly fuck indians and american flags. It's a shame.

>>19989195
ok but thanks for the comparo
helped make up my mind
it might not be smart or make sense
but im gonna buy a full set anyways

>>19989375
I'd rather ugly fuck indians than Ms Leatherface Windsor

>>19989375
that's the conspiracy. all other silver manufacturers have been paid by asahi to produce shitty, disgusting rounds, so now asahi will take over the world and only cyber rounds will be considered currency. there will be a $90 premium on every single cyber round, while all other silver will be worth pennies an ounce.

>>19989074
>This year's Philadelphia ASE bullion coins are a major exception.

Why?

>>19989460
Google it. Learn something.

>>19989477
Nothing on google.

>>19989460
The bullion coins are normally struck at the West Point mint, I believe. However, due to the COVID-19 pandemic, the US Mint had to mint some bullion coins at the Philadelphia mint. There are no mint marks on the bullion coins minted in Philadelphia so the only way to know you got a Philadelphia minted 2020 ASE is to have an unopened, 500 oz box of ASEs or buy a coin that has been verified by one of the grading agencies.

>>19989590
I didnt know they had to start making them in Philadelphia I thought instead the 2020 eagles would just get a very limited mintage. Very interesting developments. Thanks anon

>>19989590
That's retarded

>>19989386
I think it's a pretty cool/good idea, just don't expect to get rich off of a set. The only reason I think that is because of the new design announcement, otherwise I'd disregard.

>>19976993

>>19989673
Only a limited run was minted in Philadelphia. I believe the West Point mint is open again and they're cranking out ASE from West Point once again.

>>19989708
If you're talking about figuring out which ones are minted in Philadelphia and which ones are minted in West Point, it does seem dumb to not put a mint mark on the coin. Complain to Uncle Sam. If you're talking about how to be certain you got a genuine Philadelphia-minted ASE, there really isn't a better way. Either buy the big box and keep it sealed or send off the entire sealed box to a grading service and have them grade each one of them. It'll cost you about $2,000 to get a box graded and verified as Philadelphia Minted.

>>19989756

>>19989773

can you put a quarter next to this for comparison?

>>19988535
>>19989375

not saying they are ugly rounds, but I really do not see the visual appeal of these over anything else.

>>19989811
It's about the size of a nickle actually

>>19989811
Sure.

>>19989866
thanks. i like the incuse design

>>19989883
Thanks, just got it from my grandpa who got it from his mom. Inspiring me to start building a stack.

>>19989769
I was talking about the lack of a mint mark, yes.

Noob leaf here
Why does 1oz silver bars always cost around 6$ CAD more than the price listed in exchanges?

>>19990034
Were at a weird stage in the market where physical price does not reflect the papers contracts price.

>>19990059
ok so money used to represent an amount of gold that you owned, but that gold was actually in a bank somewhere, It is still a thing to own a paper that says that you own something but you don't?

>>19990295
Yes it's somehow still a thing, but only the blackest gorilla retard niggers fall for it.

>>19984262
>SINCLAIR!

>>19990387
Fuck paper, fuck queen coins, and fuck jannies.

>>19990880
I'm reading about it right now. Its crazy that it takes around 20$ to buy 1$ worth of the currency from back in the day. It just proves that the modern currency is worth nothing.

does anyone verify if their metals are fake or real?

>>19986699
It's clearly an intelligent move.
Assuming 2021 design doesn't just revert back to the old design in a year after inception then any silver eagles of the old design will continue to rise indefinitely
If it does do that though then you should just sell at the end of 2021

Someone shill me their top 3 silver and/or gold miner picks to outperform I've got KGC, AG and a cheap penny risky moonshot so far

>>19990387
>>19990880
>>19991025
if there is something thats changed in my belief/thinking about money, finances, etc. over this past recent history, it is that serious acceptance and conscious visceral awareness that fiat currency is exactly what we all knew it to be all along, monopoly clown money, but i didnt dwell on it before just went on about my business attending to more immediate concerns, as opposed to strategizing how to insulate myself from any potential major failure of our fiat.
after some long periods recently of amazement, anger, rage, worry, frustration, bitterness, hopelessness, confusions ...
i have arrived at an internal acceptance and made peace with it. partly because I really dont have that much of my wealth immediately vested in" cash" fiat currency. most of my "wealth" is in investments of some sort. so my thinking is, if US fiat goes zimbabawe, there will be a limit to my "losses" because i only keep so much wealth or savings in clown cash. the rest is invested in something or other.
now of course my investments could go upside down if currency fails but, i cant control it all, so I'm not fucking stressing about it anymore.
but all in all one thing for sure i now have an insatiable appetite for PMs, and this time next year if we're still afloat, I'll start investing in real estate, of whatever kind i can get my hands on. but preferably real estate of a type that i can live on, like a piece of land somewhere

but til then. stacking PMs is where my moneys at. its a hobby and a hedge. and quite possibly a chance it could be a profit one day

>>19991068
no. im 100% reliant on buying my PMs from reputable dealers and expect thats a garantee enough for me.
i do have an accuate scale i could use to check for proper weight. but i dont do thatt for most purchases. yhe scales all i got
if there was some easy, safe, inexpensive, non destructive tool for testing, i would buy one though

>>19991333
That is my problem RN. I own everything in clown money. I need to move that shit to something else. If any other leaf can tell me how they get their PM i would appreciate it.

Also, i can now work from home. Elon Musk trying to make internet available worldwide. I'll be able to move to somewhere fuckwhere really cheap. Places that don't have any cellphone coverage. I'll be able to work in the middle of the forest thousands of kilometers away from big cities. That's kind of cool when you think about it.

>>19991068
I've only ordered from BullionByPost, I'd assume they're on the up and up.

>>19991510
>I own everything in clown money.
you mean all your money/savings is in actual cash? in a savings account or something?
or the things you own were bought with fiat?
sorry for dumb question, im autistic when conversing online

>>19974773

It hard to fathom what motivates the PM fud squad on this board. Like, I mean the persistent ones who spam the same shit about confiscation, tungsten bars, asteroids, etc in this thread or others.

I doubt anyone is paying for it, so why do it? Only thing I can think is heavy-bag crypto boys increasingly nervous that their 100k bitcoin dream really is a meme and expressing that fear the only way they know how. Really I dun get the point in fud'ing anything so persistently if you really thought it was a bad investment. Maybe I would say so if asked, but I would devote my energy towards shit that I thought was gonna make me money, personally.

>>19991510
>I'll be able to work in the middle of the forest thousands of kilometers away from big cities. That's kind of cool when you think about it.
that would be friggin awesome

>>19991576
it seems you havent been listening at all

>>19991571
i only have 4k that is invested. I have like 20k in my checking accouent and 45k in my saving account.

>>19991472
>>19991534
Me too. But I'm thinking of buying one of those metal verifiers.
Just to clear my mind.
Do they REALLY work?

>>19991644
Jesus man at least put it into an S&P index fund. Major companies are not going to disappear even if inflation gets wacky or they temporarily drop.

>>19991068
Only if I buy them from a different source than usual.

>>19991068
yes every single time.

Poorfags can test with almost 100% reliability with a decent scale that goes to .001 gram/oz and a glass or two of water.

IE measure weight of bar/coin, and then measure the amount of water it displaces, compare that to its specific gravity.

alternatively you can go to most coin shops and use their tester for free/modest fee.

Guys would you ever spend $30 on a coin? I really want a Chinese silver panda man... idc that theyre not even an ounce. I want one so bad especially a 2020 issue

>>19991698
You dunk your coins in water to test them?

>>19991698
Can't those gravity tests be fallible too?
I mean, if you mix metals in a certain ratio that gives the under water weight of gold, wouldn't that bypass that test?

>>19991644
honestly if i had that much liquid cash available i would be putting it into real estate somehow, carefully though and with the notion it will be a place i can and would want to live on, and could sell for a profit later down the road
im not too savvy on finance, but i feel thats what i would do.
fuck cars, toys, gadgets, women and shifty investments, PM and real estate is the only thing i have faith in to hold and secure value rn.

>>19991704
Just get a few, if you hold them long enough it will not matter that you paid a really high premium for them

>>19991704
woooo mommy

>>19991762
idk. Man i live a basic house can cost around 300k. I could buy a condo but they keep building more and more condos and they're losing their value rn. I just too scared to do anything. I really want to get into pm tho. Owning 2-3k of pm would be good i think.

>>19991704
i fouhnd some original 1892 minted Columbus commemorative halves for about $15 i think ill buy a couple. they look neat.

>>19991735
Sound test may help:
https://youtu.be/k06eCqVUCnA?t=139
https://youtu.be/fwTNeeMHQE8?t=429

https://www.zerohedge.com/commodities/more-mainstream-bullishness-gold

Reminder GoldMining is starting to moon. Not trying to shill I just like you guys

>>19991849
yeah only you know whats right for you. gotta go with your gut.
im in sutuation where id like to buy a house and prob could rn. but im hesitating because who knows any home i buy today i might be able to buy next year for half of todays asking price

>>19991884
>Sound test
Is that the name of the test they're doing there? I don't speak German.

>>19991950
I also don't, they compare tungsten alloy fakes with real coins.
Found videos on a russian forum (I'm russian), some guy wrote a starter guide about gold coins.

>>19991704
With the way premiums are right now, I'm paying 25.8 yurobux per ounce (per order of five). Incidentally, XE.com tells me that that $30 is €26.7.
Short answer: yes, I would spend $30 on a coin.

>>19991950
https://www.goldcoinbalance.com/ sells an inexpensive way of testing whether a coin is real or not. Note that they can no longer guarantee that the scale will work on non 24 karat gold coins such as American Gold Eagles and Krugerrands.

The above is a far less expensive version of the Fisch scale. Fisch also sells a tool that does a ringing test which flushes out gold-plated tungsten fakes.

So for a small amount of money, get the gold coin balance along with a Fisch ringing tester. If you have the money, the Sigma Metalytics tester is the way to go and it also tests silver.

>>19991576
>heavy-bag crypto boys increasingly nervous that their 100k bitcoin dream really is a meme and expressing that fear the only way they know how
Good guess

>>19992295
>If you have the money, the Sigma Metalytics tester is the way to go and it also tests silver.
I was thinking of buying this one, yes.
Can I test both bars and coins with it?
And is it a real metals verifier or is it pozzed in some way?

>>19992456
I don't have a Sigma device (they're not taking orders on their web site and I suspect they're sold out and can't make more thanks to COVID-19) but it's the real deal as far as I can tell. It tests coins and bars. However, there is a limit to the size of the bar it can test on the base unit. If you get the external bridge (an extra $500 or so), you can test bigger bars but it still has a limilt. I believe based on the videos I've seen, a 1 kilogram bar should easily be testable with the Sigma.