/biz/ - Business & Finance

FWTDHWAHQUD status-- {blissfully unaware}

When copypasting the OP, please remember to remove the "[embed]" otherwise they stack up.

Good balance between low price and established mint with recognition and rep

is it time to FOMO buy whatever you can?

>>20194521
Yes, with 18.50 broken next stop is 21 then 50.

for $.50 more, nicer round from same mint

of course ASEs are most recognized and in demand, but muh premiums

can usually get Walking Liberty rounds for a couple bucks over spot

I told you faggots last month its never going down again. I hope all you deflation fags die destitute.

same with sunshine

>>20194555
Because of these trips I just Dino’s hope you are right friend. The more I think about it the more I don’t mind spending my fake Jew bucks for money.

some hate 'em, but buffalos are prime DCA-bring-down-my-per-OZ-cost-please rounds

>>20194684
keep stacking but never underestimate the possibility of a (((deflationary trap)))

>>20194740
I got trips in the last thread when I said the same thing. Kek has confirmed an endless bull run in silver culminating in housewife statuses being downgraded severely.

>>20194407
So what's /pmg/'s opinion on the current Chainlink phenomenon that external /biz/ is so excited about?
Personally I see an obvious correction incoming, however since I'm not as clued in on crypto in general I'm not sure what to make of its futures.

if you're not American, various taxes or laws might make it better for you to buy reptile coins

>>20194793
I think you are right. I was wanting to wait for a dip but whatever. Silver is silver and I will not sell until a small amount can buy me a home and some land. This ride has just begun it seems

>>20194767
reparations talk has wiped out the last shred of hope of anyone taking the USD seriously. Its toilet paper now even to mainstream pundits.

So, from what I understand there is no silver or gold investment that won't be hit by capital gains tax. Coins still count as "collectibles" by the IRS. Is this accurate?

>>20194888
stonks up, pmg up, crypto up, food up - if you think this is deflation youre about to get wiped out.

Does the Golden State mint actually ask you for a voided check and your id and all that shit just for a bank transfer? I've never had to give it on any other PM site I've ever used. Is it just a disclaimer or will they actually want it?

>>20194847
>>20194765
>>20194736
>>20194683
>>20194647
>>20194585
>>20194520
hey can you fuck off? this isint a youtube top 10

>>20194520
Aesthetic as fuck


>>20194938
The game is still rigged. If they pull unemployment subsidies and rent freezes we are going into deflationary hell.

>>20194945
yeah I saw that and nope'd out for a plain old mail in check instead.

>>20195004
Elaborate on "deflationary hell," please. What would that mean for the average schlub PM stacklette?

>>20194986
lol get the fuck outta here
newfrens asking "I'm new, what should I buy?" every thread
Some of us who have been here for a while like to help, sometimes even preemptively
Either contribute (pics and/or info) or fuck outta here

>>20195074
then put it in a single post you fucking faggot, the thread is for everyone, not just for you to shit up with trip behaviour

>>20195068
It means you dont accumulate and then this retarded idea that we can deflate in the midst of exponential money printing falls through and you have nothing since you trusted the (((fed)))

What is everyone favorite bars and does anyone own Scottsale?

lol
fuck off
I started the thread
I've posted pics and info with every post
You've contributed nothing
Either make the thread better or shut the fuck up, fren

>>20195123
>>20195199

AGHHHH I ONLY HAVE 179oz of silver and 1.25oz of gold. WHY DOES THIS HAVE TO HAPPEN NOW

FUCKKK IM COMMITTEN SEPUKU

>>20195068
It means money printer stop. It'd mean the stock market and everything else would crash, but if you were a lizard person sitting all in cash it's what you'd do to the cattle.

>>20195199
noone cares, generating a thread doesn't mean you start rambling like a dipshit with a teachers expo marker, noone asked you

>>20195192
Yes, I own Scottsdale
Their stackers are my favorite bars
Shipping will take 2 months
If you buy from their official eBay store it's quicker though

>>20195296
you forgot the 40$ extra premium

>>20195192
>What is everyone favorite bars
Hand poured anything is my favorite. Idk why, maybe it’s seeing the human touch in it and not some soulless straight edged beast.

>>20195296
I love how ebay proves every day that these shipping delays are completely manufactured and unnecessary

>>20194888
>reparations talk has wiped out the last shred of hope of anyone taking the USD seriously. Its toilet paper now even to mainstream pundits.

yeah good point, another 14 trillion isn't going to help matter. just remember that the Great Depression was caused by the Fed contracting the money supply. The jews could do it again.

>>20195255
It’s ok anon. Maybe it will dip. If not it means the music is about to stop and you have 178 more than 99% of Norman’s. Will see you at the /PMG/ yacht party in 2025!!!

fug bros is 19 the new bottom?

>>20195283
Un fucking believable

You are still running your mouth
You still haven't contributed one single thing of value to the thread
You're just bitching and complaining
If you don't like it, you have two choices--
Make it better by contributing....
Or leave.

Please stop bringing negativity to a comfy thread. If you are a genuine PM enthusiast, you should contribute. If you are a low-effort troll, lol you got me. Now contribute or fuck outta here.

>>20195349
if they tank either the bond market or the stock market there will be civil war within days. They dare not.

>>20194818
If you're on biz and don't own at least 10k LINK you are an absolute retard and will never make it.

>>20194897
https://www.golddealer.com/investment-guides/reportable-bullion-cash-transactions/

Best article I've found on the subject.

https://stocktwits.com/symbol/KTOV

https://stocktwits.com/symbol/KTOV

https://stocktwits.com/symbol/KTOV

LAST CHANCE TO BUY UNDER .90..

>>20195418
you must be a tripfag
blow it our your ass

>>20195329
Actually if you set a bid limit and are patient, you can often get the same price as buying direct from their website.

>>20195192
>>20195296
I also like their round stackers. 3 different sizes and they all stack interchangeably

>>20195449
>If you're on biz and don't own at least 10k LINK you are an absolute retard and will never make it.
I’m a /Pol/ and /k/ fag. I will not touch any crypto’s and want actual wealth that represents labor in its most accurate form and that’s gold and silver. Money you make out of thin air with the typing of several pajeets will never equal the representation of wealth PM’s have

>>20195497
i thought alot of their stuff was BIN

>>20195449

tripfaggot is back

I JUST WOKE UP WHAT THE FUCK JUST GO DOWN FOR ONE MORE WEEK I PROMISE ILL BUY THE REST OF MY STACK THIS WEEK PLEASE JUST A LITTLE MORE TIME

>>20195449

>LINK IS COOL AND IM GONNA MAKE IT AND YOU CANT TELL ME OTHERWISE NO YOU SHUT UP WAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>>20195449
I have better and more reliable gains than some PnD stock like chainlink

>>20195493
I've never used a trip or even a name once, ever.
You're still bitching and complaining, bringing negativity and not contributing.

If you contribute or ask PM related questions, I'll be happy to engage with you.
Otherwise I'm not going to answer you any more.

Once again, for the last time:
If you're genuine, contribute and you will be welcome here.
If you're just bringing FUD and discord, fuck outta here.

>>20195590
you can still blow it out your ass, either condense your fucking material or fuck off. ive been contributing you blind faggot

Daily reminder that people made fun of me for buying this just a year and a half ago

>>20195590
He’s projecting anon. He’s a kike or some edgy teen. Regardless ignore him and keep posting your screen grabs. The shilling being done here to fracture the comfy has increased in the last several weeks making me think that PM’s will moon. The fags that keep trying to sow discord amongst us are increasing and thus our wealth will soon follow. Bullish sign anons.

TRAIN IS LEAVING THE STATION
>TRAIN IS LEAVING THE STATION
TRAIN IS LEAVING THE STATION
>TRAIN IS LEAVING THE STATION
TRAIN IS LEAVING THE STATION
>TRAIN IS LEAVING THE STATION

>>20195673
the info-graphics are fine. its the individual mini review bullshit from earlier i want him to stop. review them all in a single post is all i want

>>20195673
agree 100%
shilling increases
so does my stack lol

>AG and PAAS

>>20195706
What a day, wish I had more silver though my gold is happy.

>>20194407
>bought OTM calls on MAG with a $15 breakeven and an expiration date of 2021
>eh this will probably make some money in Q3/4
>wake up today
>up 150%

Thank you Mr. Maloney you're doing god's work.

>>20195706
What's the difference between the spot price and the futures price?

>>20195712
This isn't reddit, now go play with your link.

>>20195844
> price right now
> price in the future

>>20195885
kill yourself

>>20195890
So the futures price is just a guess?

>>20195938

yes, all predictions are guesses

>>20195528
a true fucking retard. Current global financial system would be very difficult to destroy/prevent from functioning. Sure things may lose value or become inflated d/t currency debasement but something like GLD or AGQ will still function as it should(muh paper gold) short of nuclear war. My position in AGQ will net me far more liquid gains than anything you will to achieve holding silver indefinitely. You too fucking deluded to even discuss Link with.

>>20194818
Theres a meet up tomorrow so it will either pump further on news that was leaked to insiders or it will dump because there is no news. But it was always gonna moon after it finally broke 5$ (1 yr resistance).

>>20195449
PMG posters are a combination of cavemen and Luddites either too fucking dumb or too untrusting to realize the valueproposition of BTC let alone LINK

>>20195991
fuck off shitcoiner underage moonboi faggot

>>20195436
you don't think they are trying to destroy the US?
ignorant take. look at all the third world illegal
aliens they brought in, that is the future
standard of living in the US

>>20196028
u seem upset. I hold no physical metals. I hold a significant amount of GLD, LRTNF, LGDTF, and AGQ. All perfectly liquid with many in my 401k. There is going to be no outright collapse, a recession sure, civil unrest? likely. A collapse where actual physical gold or silver is useful? doubt.

>>20195192
>>20195296
>>20195497
I also like American Reserve bars

>>20196157
> i do not have a stack

poor people are disgusting

>>20196287
and these

>>20196157
>I hold no physical metals
cool I hope your asshole is tight enough

>>20196157
youre less wrong than you think. but your stocks are gonna be worth less than money in the same situation. there will be a new dollar or form of currency. what are you gonna use to get it? start from scratch? cant use the old one, and noone gives a shit about digital.

hey guys, what's the best grab right now? I'm thinking it's gold and silver miners. Thoughts?

>>20195485
>>20195485
>Nu SNSS nigger

No thanks bro, go fuck yourself.

>>20196384
currencies is always debased away and inflation eats the sovereign debt. The fed knows what a deflationary depression can do and they fear it more than inflation. America at the end of this will likely just have a weaker dollar. I think the fed can prevent hyperinflation but stagflation is more likely. Stocks receive asset inflation during inflation just like any other hard asset (PM's/property).

>>20196427
I'm thinking of pulling the trigger on some miners, not sure what though. Looks like some have already started mooning.

>>20195905

>>20196427
If you just want raw profit personally SMTS looks good to me.

>>20196484
with a weaker dollar, my silver buys more of it. nothing wrong with bringing an umbrella to every storm anon.

>>20196157
I hope there's never a collapse. But I'm gonna prepare regardless to alleviate conern/anxiety. I dont see a positive outcome with how our money supply comes into fruition with the Federal Reserve. Between the massive debt and BRRRR I cant see a good outcome

>>20196497
>Looks like some have already started mooning
Based on their history, since our environment now seems a lot like 2008 fallout
>QE
>Low rates
>Global instability
I think that we can cautiously assume that the price ratio between GDX/J and spot can be used to determine whether or not you need to be more cautious with your entry. Right now, I think we don't have too much to worry about and gold miners will be a safe profitable choice. that said, i could be wrong and past performance blah blah...

>>20195808

Based and realsecretsofmoneypilled

>>20195074
kys faggot

>>20196595
this is my strat. Live life and grab some silver monthly instead of putting fiat into savings. If there is a UBI/government stimulus check/whatever ill dump into metals.

Otherwise, chill and live life.

>>20194684
I'm in your camp but you should prepare with an "anything is possible" attitude

>>20196726
I dumped the first trump bucks all into metals. A kilo of silver and 1/4 oz AGE. So I still have my trump bucks technically lol.

>>20196595
If you look at how the collapse occurs its always debasement and default (argentina style). Grinding poverty is the outcome BUT the conditions that destroy the financial system are not present usually. The only people who would absolutely benefit with physical PM's is the very rich (Paul leroux style) but even then the number of situations when physical gold is more useful than some small amount of physical gold and a shitload of BTC/monero is very small. Its hard to escape or conceal gold. Its easy(ish) to memorize a BTC wallet.

>>20196807
I'm not against crypto, it just doesnt have any precedent in an economic collapse or economic hardship. But to each their own. I will continue putting some of my money every month towards metals. I plan on dabbling in crypto too but I don't see it as a secure investment without good precedent, so much as speculative gambling. Not to mention you're not really buying anything but numbers. At least stocks are backed by a companies goods/services they produce

>>20194897
Yes.
Coins, rounds, bars all are considered taxable by the IRS. Doesn't matter if ASE, has face value etc.

- tax calculated when you SELL (not when you buy, or when prices rise), but not due until when you pay yearly taxes
- taxed at UP TO a max rate of 28%
- rate can be lower depending on length of time held, other income, tax bracket, other capital losses, deductions etc (most of us will owe 0%, but consult CPA if you're worrried about it)
- they can't tax what they don't know about (in Minecraft). Face to face barter and trade/cash is nice (in Minecraft). Whether or not a dealer reports a sale depends on many factors, see links below
- this is for federal CGT only, individual states may have different state taxes
- this applies to Americans only. Bongs euros etc can avoid taxes by buying certain coins

www.irs.gov/taxtopics/tc409
goldsilver.com/blog/irs-1099-gold-reporting-private-gold-private-silver-bullion
ellsworthcpa.com/posts/how-are-collectibles-taxed

>>20196878
Its hard to recommend crypto when theres 3000+ shitcoins floating around. At some point it will consolidate and if you didnt choose the right ones youll be left holding the bag. As long as the internet exists there will likely always be a niche for crypto but that doesnt make it risk free or investment grade. Metal is for sure a safer bet.

>>20196878
I"m bullish gold. BTC is if you need to flee a country and as some sort of yolo lottery ticket for a transition to a new world reserve currency. Paying for physical gold you get screwed by dealers. I personally don't think physical PM's will be needed and like the liquidity of GLD and AGQ for metal exposure. I listed my mining holds earlier (although they are due for a correction). If you dabble in crypto get a bag of link (although it is due for a correction).

>>20197040
I was gonna buy link a month ago when it was crabbing in the low $4s. But I wanna get at least 200 ozt silver under me first as a security net. I'll keep watching

>>20197040
Most here like physical because they all believe there is actually not enough physical backing all the non-physical stuff. And that's not really far from the truth honestly.

>>20196792
im a leaf and waiting on Treudo to pull the leaver on that one.
UBI/stimulus checks in Canada will be the death kneel

>>20196976
>>20197097
Someday I'll write a shill post for you guys but I recommend looking into Decred. Hyper-autistic Austrian economics cryptocurrency that is designed to be 20x more expensive to attack the network than Bitcoin.

>obligatory stack pic tax

>>20197097
I'm bullish both but as an example during the last financial crises when less countries were printing less money AGQ hit 600$ a share to silvers ~50$ oz. You don't gotta pay above market price either.

>>20194684
>implying the jews don't have a last joker up their sleeve
loks like you forgot you are stuck in the worst timeline, the clown timeline.

>>20197234
Do not ask for whom the nose honks, anon. It honks for thee.

>>20194520
Is this the "Cyber" round you fellas are always talking about?

>>20197438

cool coin

do they come in tubes when ordered in quantities? 20? 25?

>>20197438
yes

>>20197487
50

>>20197504
Based. Going to grab some from APMEX next time I'm buying.
>>20197487
Couldn't tell you, lad. Can't imagine the price of tubes are that much of a consideration, though, considering you're dropping several hundred of a given currency on pretty, shiny rocks.

>>20197487
yes, 20

https://www.providentmetals.com/1-oz-silver-asahi-round.html

post pics if you get some, fren!

>>20197568

it's more about having them shipped securely, and not in flip cases loose in a box.

>>20196943
Wtf, I love low UK taxes. USA is a socialistic hell.

>>20198423

yes, the u.s. has gradually becomes a socialist paradise over the past 107 years.

hard to believe this is the same country that revolted over (non-income) taxes that amounted to 1-2% of income. what i would've give to go back to that.

>>20198423
you have VAT and capital gains tax idiot

UK is now in tax loop. Until December you can buy from Estonia with 0% VAT and sell in UK with 0% capital gain tax if you have british coins. Goes for gold, silver and platinum.

>>20198489

UKers can avoid gains taxes by buying British coins.

>>20196943
>missed the dip
>don’t have a way to get around fuckhuge tax burden

REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

>>20198489
See
>>20198531

>>20198592
Ill pay tax to have coins that dont have the pedo queens face on them

>>20198778
>the cunny Queen is un-based
Go back

>>20194897
If you end up using your physical silver, you're on the black market anyway nigger.

>>20195497
Did you enter their 100oz King Stacker giveaway? Probably just a shameless email list grab but hey wouldn’t mind one of those bad boys sitting on my desk

>>20198870
True, but what happens when I want to liquidate that physical PM for fiat funny money?

>>20198578
If you're an American, the 28% capital gains tax on bullion is only used if you have a tremendous amount in capital gains. If you have a lesser profit, the percentage you pay is going to be less. Depending on your AGI (adjusted gross income), you could pay a 0% tax on your bullion profits.

>>20198946
Huh
So is there a best form to collect in for tax purposes and paying less over spot? Or is it all the same if it’s platinum bars, gold coins, or sterling silver buttplugs?

>>20197487
Came in a sealed tube when I ordered 20 from JMBullion.com.

>>20198592
In Poland you don't pay capital gains tax on physical gold if you hold it for at least 6 months before selling.
Gold coins and bars are also VAT free. Silver coins unfortunately have 23% VAT.

>>20198946
>>20199067
It counts as income for short term capital gains.

For long term capital gains, it depends on how long you held it and how much you sell.

>>20199110
Do you need a proof of purchase or something? What if I just found it in my dead relatives belongings after their passing and it wasn’t mentioned in the will?

>>20198792
She aid in the fondling of your nations children

>>20199167
>doesn’t drink bottled loli piss for natural testosterone boost
Ngmi

>>20198914

future conditions unclear, but it's the same thing with mining stocks. who knows what the tax rate will be when we're 50 trillion in debt, everyone gets 1000 UBI a week, blacks get another 1000 UBI a week on top of that for reparations, rents/mortgages are suspended, etc.

>>20199235
Keep collecting pedo queen coins faggot
Theyll be worth less than spot price just bc of sheer disappointment and dishonor that cunts about to bring

>>20194986
>>20195123
>>20196710
Welcome to /pmg/ now get out

>>20199067
If you want to avoid paying the collectibles rate, the best thing to do is to own precious metals in a tax-advantaged account (401K, IRA, Roth IRA, Roth 401K, etc.) You can buy things like PHYS, GLD, CEF, and other such securities that are shares in a trust of bullion. Yes, you are taking some counterparty risk with those things but for most people, that really is the easiest way to own precious metals.

There is also a way to directly own bullion in a tax advantaged account but you have to go through a custodian service and they charge fees that may not be worth your while.

>>20199150
Or what if you bought them on Craigslist for 1000/oz and you sell them at a “loss” at 500/oz.

>>20198592
what companies would be good for this?

>6physical
>1k miners

Do I get to 200oz of silver or put more into miners?

>>20199634
Get physical, lowest premium possible on 1oz coins/bars.

>>20199634
I’m biased so silver. That said apparently miners are making a killing

Is there anything comfier than holding fat stacks of silver?

>>20199676
holding fat stacks of gold

>>20198592
>>20198531
pls give reference

>>20199753
Don't outsource your thinking, anon. Go digging into the annals of the world wide web and find them yourself.

>>20198946
>>20199067
>>20199110
see >>20196943
>Coins, rounds, bars all are considered taxable by the IRS. Doesn't matter if ASE, has face value etc.

As far as best form for price over spot-
It varies. Usually you can get a better price the larger the bar, but often there's little or no price difference from 1oz rounds if you shop around. Then there's a possible trade off against decreased liquidity, and you might lose any savings you made when buying. Arguments can be made for and against the importance of liquidity:
- why would you sell? Hold until moon, collapse, hyperinflation, GSR correction, change in wealth cycles etc
- no point in stacking if I can't use it when I need to, and conveniently
- liquidity problems are a myth, LCS dealers minters etc will still want my 1,000,000oz bar
- etc etc, there's good points on both sides

...and of course, bigger bars take up less space in the safe/pirate chest/hole in the ground (pic related).

TL;DR
It's a highly individual choice. When in doubt, shop around and get 1oz coins/rounds for the best price. Analyze your stacking priorities and adjust accordingly.

>>20199652
>>20199647
Okay anons. I will use my wageslave check on Saturday to teach 200oz

>>20199150
As in anon's scenario >>20199583,
selling at a loss would be ideal for tax purposes. Or you could just calculate it against spot prices + a hefty premium.

Also I think most of you anons are overthinking this. Most of you wouldn't meet the thresholds for owing any kind of significant taxes. And of course, barter and trade.

>>20199928
>>20200359
Thanks anon!
>why would you sell? Hold til collapse
I’m not betting on collapse, but it’s worth hedging for. When the Dutch Gilder and British Pound lost reserve currency status, I don’t think their civilizations collapsed. We’ll see.

>>20200438
>When the Dutch Gilder and British Pound lost reserve currency status, I don’t think their civilizations collapsed.
Their money was still backed by precious metals. The USD is backed by nothing but promises. I don't see the US collapsing if the USD loses its primacy but Americans will suffer far, far more than the British or Dutch did when their currencies lost their primacy.

>>20199454
>pallets and pallets of monster boxes

>>20196943
but the IRS link says that coins are taxes "AT a maximum 28%."

Not "UP TO a tax rate of 28%"

>>20200544
checked

>gold above $1800

>>20194897
>start a C-Corp that makes any sort of token effort to sell gold and silver on ebay
>you can now buy metals and classify it as a business expense
>hold for 5 years
>sell the C-Corp for the value of the gold and silver with no capital gains or federal income tax at all from the sale
>for up to $10m per shareholder
congratulations you now know how to stack metal tax free like a real man

>>20200530
That’s a good point, but the world reserve currency thing is also tied to the rise and fall of global dominance. The logical replacement currency would be ChinaBucks, which are also fiat.

>>20200696
you might as well actually sell some and continue to obtain metals desu.

lol look what I did, when Juniors gonna pop? Also trading the rest of my eth for a kilo bar as soon as HitBTC finishes verifying me and I can pull the last 100 bucks out of there.

is it me or are they taking the 4-9s buffalo rounds off the market?

also i need suggestions to store my stack. I have an apmex box tied with rubberbands and it wont fit my tube of half filled buffalo rounds

>>20201200
Why do juniors dip during a Gold rally? One of life's great mysteries. They will rise in the days ahead. Just need to be patient.

>>20201366
Where? They are still in stock

>>20194407
Does anyone have that screencap of Pan Man's recommended miners?

>>20195905
>>20201798
See above, not the full list but that's in the archives within the past few days as well.

>>20201901
thx anon

Will earnings reports make the miners moon considering projections were for $1500-1600 gold and now we're at +$1800? Or is this all priced in already?

>>20200602
I know, the way it's worded is confusing. Up until a month or so ago, I assumed it was a flat 28% rate too. However, the IRS site says
>There are a few other exceptions where capital gains may be taxed at rates greater than 20%:
>may be
and it also says
>Net short-term capital gains are subject to taxation as ordinary income at graduated tax rates

The Ellsworth CPA site is more specific:
>The 28 percent capital gain tax on collectibles is the maximum tax rate. For example, if you are in the 15 percent income tax range, your collectible gain is taxed at that rate. If your income tax bracket is higher than 28 percent, the collectibles tax rate is capped at 28 percent

From what I and other anons have found, 28% is the max rate. It is balanced against other income which determines your overall tax bracket, how long you've held, if you paid for delivery, appraisal, cleaning, storage etc, other capital losses, deductions, and other factors.
Most will pay a lower rate than 28%. If you're selling thousands of ounces in a way that puts you in the 28% category, then chances are your regular tax bracket is in the 32%-37% range and the 28% max rate would work in your favor.

This is all getting TL;DR though. IF you plan to sell, IF it will be reported, IF you can't show a capital loss, IF you held for more than a year, IF you can' find the answer in the instructions for schedule 'D' and the tax tables, then consult a CPA.
I definitely wouldn't encourage any anon to avoid taxes by splitting it up into small transactions face-to-face and not reporting it. That would be illegal. In Minecraft.

>>20197575
fuck, not shipping to yurop. I don't think they're available here, which sucks because I will be in need of cyberpunk services in the future

>>20199454

if those are all full, he has a lot of confidence in those pallets and racks.

Can I get some opinions on Yamana Gold stock? I have like 60 shares and I wondering if I should sell and pick up a few shares of a bigger, more expensive miner like Barrick or just hop on GDX.

>>20195554
Just keep buying as it goes up over the next few years. Hyperinflation will take hold. We're just starting a breakout that will last years.

>>20202433
This rally goes from the top down. First into Majors, then Mid tier, then Juniors and Explorers, which also inversely correlates with potential gain vs risk, with the juniors and explorers increasing in price many times over.

>>20200892
It seems highly unlikely that the USD will be replaced by a RMB that is backed by Chinese promises (snicker). The USD system as it currently exists--a purely fiat global reserve currency--has no precedent in recorded history. If there is going to be a continuation of such a system, free from the barbarous relic of the gold standard, it will probably something akin to Keynes' Bancor system. It almost certainly will not be based on the RMB which is managed by a country that practically no country on earth trusts.

>>20202433

i've held it since 2009, and continually added shares here and there over the years; sitting on 4700 shares at an average price of $2.61. so it has done very well, actually better than any of my majors (although entry points have varied a lot of the last decade for different companies), but i can't really speak to what makes them a better or worse play than other miners. yamana is usually my most volatile miner, both on up and down days, which could work to their favor in an extended bull market.

personally, i wouldn't bother shifting a few hundred bucks around to buy a different miner. what you want to do is accumulate a larger stake in a variety of miners, and get them to the point where they're all long term gains, so that if we do reach a mania, you can diversify out of some positions with the lowest possible tax burden.

>>20202316
Apmex ships to most places, check this list for your country:
https://www.apmex.com/international

https://www.apmex.com/product/214543/1-oz-silver-round-asahi

Bold Precious Metals says:
>Our standard checkout only supports shipment within the US. However, if you are interested in shipping to an international destination, please contact BOLD support to discuss available options.
so it might be worth a try, ask them if they will ship to you.
https://boldpreciousmetals.com/product/silver-1-oz-asahi-logo-round/

Good luck, eurofren!
Post pics if you are able to get some.

>>20202712
>>20202933
Thanks for the replies, think I'll just stick with it.

>>20203059
thank you fren I appreciate it. I'm a bit on the fence as silver seems to have successfully launched, but paycheck comes next month. Either way I'll get at least a few of those soon

£196.37 for 10 of these including delivery, good purchase?

apmex seems to be down

>>20194520
go away asahi intern, no one wants this shit

>>20203519
Link? I want to verify it for...verification purposes.

That’s a steal though, take it if it’s legit.

>>20203782
https://www.celticgold.eu/en/

enjoy :p

>failed to get my brother into PMs

>>20203940
what did you do to try?

>>20203940
Do what you can to reach those you love, but at the end of the day they need to rise or fall on their own choices.

Just don't give him any when he comes a'knockin

GOLD BACKED CURRENCY INCOMING

>>20204094
invited him over and had a talk, let him fondle some pieces from my stack
we talk regularily about the economy and the state of the world
>>20204137
yeah i just don't want anyone to say i didn't give them a fair warning. and i don't want to be the only one that makes it either. but what can you do

>>20203940
iktf anon. the most I did was convince my dad to put some cash in a gold fund, he refuses to hold physical.

>>20203676
Fuck off, I do. Their kilo's are wunderbar.

>>20204197
I tell all my friends and family to go into silver until I am blue in the face. No one listens...

That said today my dad was looking at jmbullion but still is waiting for a dip. I told him it may never come and to just buy. It’s a work in progress.

>>20204137
>if theres ever a zombie apocalypse im coming to your house anon *tee hee*
i hate this

**test**
s
s

>>20204325
i only tell my closest family and my best fren whom i actually got into silver, because i don't want anyone else to know that i stack

no that it matters, i'm not planning to keep my stack in my home for much longer

>>20204434
where is it going? a lake?

>>20204454
something like that

>>20203841
That's a good price. Let us know if they're real.

>>20196943
How do you prove how long you've held the asset? Put it in an IRA for a year?

>>20204596
Lie? Duh?

>>20203841
>>20204577
I found the catch: they don't deliver silver outside Estonia, or you have to arrange your own shipping.

>>20204681
they use a logistic company that will manage the delivery and you pay them separately. my original post includes that cost.

>>20204738
Interesting. I wonder why they make you jump through hoops to buy silver, but not for gold. Still a good deal though; if you buy, report back and tell us if they were made of chocolate.

>>20204596
I'm not sure what documentation would be acceptable to the IRS, you'd probably want to consult a CPA on that. Off the top of my head, possible options:
- IRA
- keep your receipt, if you bought from dealer/LCS etc
- if you inherited, there should be a record
- maybe take pics and leave EXIF intact?

Like I said though, I have no idea. Consult a CPA if you think you'll owe taxes.
This is so strange, usually anons want to hide their stacks, and avoid paper trails lol
Good job though, wouldn't want to do anything illegal like split it up into small transactions and not report it, in Minecraft.

>>20204880
Probably helps keep their prices competitive I imagine. With gold, they make enough to justify managing things themselves.

Yeah will certainly report back

>>20204912
From what I've experienced (in minecraft) of family members that had bearer shares of companies for 50 years and had no idea of cost basis: The CPA will just ask you for a rough estimate of cost basis that is relatively defensible under audit. Of course with medals schiffgold has a nifty section titled "tax free gold and silver buying" where they tell you how to sell it to them where they won't send any paperwork to the IRS

STOP GOING UP!
I DON'T EVEN HAVE 10 OZ SILVER YET!!!
STOP GOING UP!!!!!!!!!

>>20194407
Once silver passes $20 an ounce I bet the market will be flooded with new investors

Please...
I just started stacking

>>20194407
mail call

>>20204912
How is that illegal? We already pay taxes on purchase wouldn't we be exempt from such abject extortion?

>>20205134
Also the big banks are losing one billion dollars on their silver shorts for every dollar silver goes up. If they start trying to cover their shorts while everyone is trying to buy there will be practically nobody selling. It's basically a nightmare scenario for anyone naked shorting silver

What coins deez is?

>>20205422
It says one ruble

>>20205014
>schiffgold has a nifty section titled "tax free gold and silver buying" where they tell you how to sell it to them where they won't send any paperwork to the IRS
Neat!
https://schiffgold.com/research-analysis/tax-free-gold-silver-buying/
It looks like you have to sign up to get the guide, though. Have any anons done it? Care to share/rate/review?

>>20205442
You can just enter in bullshit they don't actually email it to you a link pops up after

>>20205422
Real question is:
-Why did old coins have such a good looking high relief while today's coins are lame-flat?

>>20205422
The top 2 the guy wanted 85 a piece, the bottom left he wanted 75 for, and the bottom right he wanted $125 for it, are these reasonable? One of the top 2 are cleaned.

What are your guys' max acceptable premiums for eagles over rounds? Right now I'm getting them at a $2.50 difference which makes it the obvious choice since I don't have to pay sales tax on a tube of ASEs, but I do on <$500 of bullion.

>>20202330
why would they seal empty boxes

i think you can see the orange racks bend already

>>20205392
Ah, the rumored "Oil in Reverse" jutsu

>>20205468
All are one ruble coins most are imperial one is bolshevik

>>20205390
Sales tax is separate from capital gains tax. The beast wants its fingers in every pie, gets you coming and going whenever possible. Disgusting I know.

>>20205503
I just accumulate silver I don't worry about premiums that much because I know the dollar is a few degrees away from being fucking worthless.

>>20204577
Ha they are a very well known legit company.

>>20205528
>>20205491
Reasonable or no? Thanks anon.

Got this for $23 from my lcs, it's design based of the fugio cent, didn't know that until yesterday, I had them hold on to it last week.

It's too late to stack isn't it?

>>20205595
Other side

>>20205548
https://en.ucoin.net/coin/russia-1-ruble-1913/?tid=24602

I no nothing about russian old coins, but google says it is worth $130 for a bottom right.

>>20205629
It will be too late when it hits $150 an ounce.

>>20205109

lol, you'll be lucky to buy 2 farmers daughters for that

>>20205629
You're good man. I started when it was at like 17.50 two years ago and the money supply was a lot less and the economy was in much better shape.

Just bought 50 more leafs and a 5 oz bar. Almost up to 800 now.

Any decent gold and silver miners to buy into right now?

I might do Skeena, Golden Minerals and another gold one I saw in a previous thread forgot the name. As for Silver I am not sure which. I have seen so many names.

>>20195341
Provident ships fast as hell

>>20205422
https://en.numista.com/forum/topic75929.html

Some are fake tho.

>>20205458
Thanks fren.
https://1mo0o3e03f7c59k045fwasgb-wpengine.netdna-ssl.com/wp-content/uploads/2013/12/SchiffGold-Tax-Free-Gold-and-Silver-Buying.pdf

Seems to say the same as discussed in links previously posted. I would caution anons against assuming all dealers/sellers will do the same though. Schiff seems to avoid reporting unless they have to, but I have read other sites that say they will report in certain situations where Schiff won't. For example, purchases over $10,000 using a cashier's check. Schiff says non-reportable, but other sites may report.

DYOR and be careful, frens.

>>20205530

Here's baby's first silver stack. Coins are inherited from my great uncle in his coin collection, the bars I purchased, and the rings are all sterling (I wear them, nucka).

>>20205724
Just buy GDX or EPGFX. Silver mines are included in gold indexes and funds
>>20205889
It goes into what is considered a "cash transaction". All businesses are required to send SARs when they transact over 10k or see structuring. Purchases being reported don't really matter, it's the sales that matter

>>20205109
F

>>20195255
At least you aren't a 60oz silver and 0.5oz gold stacklet like me! ARRRRRRRRRGGGGGHHHHH!!!

>>20205954
Some anons don't want their purchases reported either. I just wanted to caution anons that while Schiff seems to avoid reporting unless they have to, some dealers may report even when they don't have to. As mentioned in an earlier discussion, some of these things are required by law, some are agreements and guidelines. Some dealers report more than required, probably to cover their ass just in case.

>>20201427
Was about to comment on Juniors, forecast good for the continued price rise of metals? I feel like things have chilled down. I hope pamps not over as I'm ball deeps in enduro

>>20205954
When is it structuring, as opposed to selling gradually?

>>20206190
Reported... how? Beyond state sales tax, payment processing, and shipping declaration how would the feds even be involved in this? And why would it matter that I bought silver coins XX years ago? I lost them.

Must of been addressed at some point. But does anyone mind telling who the fuck is going to buy your shit when premiums are insane?

>>20195753
I just sold my AG after taking a 20% profit am I retarded?

>>20203841
Fuck I’m an autism, I thought that was in burgers. Still a good price.

>>20206409
yuro and dollar are pretty close, the only thing which was expensive was the postage which was 20.50 yuro

>>20206353
Depends what you want to do with it. I think after a gain this big it's reasonable to expect for it to go down slightly over the next day or two, so you could buy back more shares than you just sold.
I considered it, but didn't want to risk it.
You could also put that money into actual silver or juniors that didn't go up quite as much yet and might have better growth potential.

If your intention is to just hold fiat you're retarded.

>>20206473
No I'm not going to just hold fiat, I've been stacking a long time and I'm used to relentless dumps after any kind of gains so I always take profits early waiting for the dump to buy back in.

>>20205954
I dont want mutual funds or etfs

>>20206311
The Bank Secrecy Act requires reporting of cash transactions over $10,000 by filing IRS Form 8300.

>>20206592
So that applies to like 0.01% of purchases and it can be easily avoided. Why are we discussing this again?

>>20205685
I don't want to live in a world with only 2 farmers daughters
GO BACK DOWN ALREADY!
AAAAAAHHHH!!!!!

>>20206544
Floor stacker sold??? I can't help but imagine how hard you would kill yourself if this was the final moon, better get back in man. Sheesh. Don't scare us like that.

>>20206703
Oh you probably meant stonks not phys. lol.

>>20206661
If you read back through the thread, I was just answering questions asked and sharing info. Several times I said that i thought that they were over thinking this, that taxes/reporting wouldn't apply to most of us.
I find excessive tax talk tiresome too, fren. If no one has any more tax questions, then I'm happy to move on.
If anons have questions or concerns, I sometimes try to find the answers.

>>20202330
The pallets on the racks should be wrapped. If you need to open one then you keep it staged on the floor.

>>20206250
If you come in once a week and buy $9k in paper cash. Probably even 9k once a month could trigger it unless the dealer knows you make a lot of money. Basically if it seems like the reason you spread out paper cash transactions over 10k was to avoid doing 10k, they are legally obligated to report it.

Other than stuff like cars and a small business owner making lots of bank deposits, you never need to worry about currency transaction reports. At current levels they really only apply to drug dealers

>>20205726
They sure do. I've been buying one of these every couple of weeks because they're relatively cheap and I like Provident. I always liked how their shipping label says 'metal bearings' or whatever.

>>20206719
Yes, never sell the phys :) I'll actually be picking up another 100 oz bar with my mining stock gains. I'm a silver maximalist, everything I do is with the end goal of having more ounces.

As if you needed another reason to own metals and throw away your fiat.

>800 billion dollar deficit
>in a single month

rolling for PM crash so I can stack more followed by moon mission

>>20207401
Reroll

>>20207401
Rerolling for at least a month of $18 silver so I can actually get some savings and stack

>>20206330
Bump. Im talking physical btw. Don’t wanna hear the never sell rhetoric just wanna hear a good method of going about this.

>>20206097
That feel when I'm roughly around your weight in PMs

>>20207523
Dealers/craigslist/reddit fags

>>20207401
FUCKKKK I NEED MORRRRRRRRE

>>20207523
Boomers will buy your bags, thats why you buy eagles.

AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH....

I bought this for 450$ cad like a month ago... 2ilbs 6 oz of 80% silver..... I feel like this may be the last deal ever... I keep chasing the dragon....

dollar cost average for SLV is 24$ and GLD is 1400, but man, I feel like im only gonna be moderately well to do.


AHHHHHHHHHHH

>>20207693
looking pretty strong mate

>>20207693
Buy local ;^)

>>20207693
I like the little cod cents, what are those?

>>20206818
You claimed some dealers report 'more than legally required' which I think is bullshit. Either provide a source or fuck off

>>20208037
Those are dimes minted for the Centenial of Canadian Confederation 1967, they come in both 80% and 50% silver.

Meeting resistance at 18.75 - that september comex is going to be hell.

>>20207554
Just want to reach 100oz silver and 1oz gold before we moon. Judging by Venezuela that should be enough to make it

>>20208569
I wonder what some of the best investments are in Venezuela post-inflation.
Real Estate?

>>20194407
wheelie bois reportin in

>>20208084
thanks, canada has some great designs.

>>20208604
Food

Anyone here stack chocolate? Don't want to make a thread for it, but this seems like the place to find a doomer who'd know a good place to buy wholesale chocolate bars. Anyone know what sort of price per ounce I should be looking for atleast 50% Cocoa bars?

>>20208651
We grow a shitton of food here I doubt it will ever be a long term problem

Should i buy gold miners or is gold mooning already pric3d in

>>20208487

Could you explain this for a new stacker?

>>20208659
id like to buy some coca bars

>>20208659
Have you seen the sugar stacker post before? The guy that filled his basement or sauna or something up to the brim with literally tons of sugar?

>>20208604
FWTDHWAHQUD

To be serious, like this anon said >>20208651
food. If you got a backyard start growing a vegie garden.
Probably cigarettes for bartering too

>>20208687
socialism/communism has a unique way of bleeding everyone dry of resources and money

>>20208037
80% canuck dimes

>>20208659
You're gonna want to buy internationally recognizable brands with high quality rappers that are difficult to fake. No Hersheys in this bitch. Nestle and above only. Personally, I'd spring for mini spuungli-lindt bars. High quality enough to wear any FWTDHWAHQUD will now what it is while appealing to a wide enough palate that you will be able to barter them with any boomer that suddenly sees the value in chocolate accumulation. People say "chocolate is chocolate, I buy for bulk" but thats bs. No one is gonna want crayon tasting shit when it hits the fan. You need to drink water after every bite which will be to expensive.

>>20208569
Is 100oz Silver + 1oz Gold the bare minimum to make it?

>>20207780
oh yeah, nothing like driving to small towns in the middle of no where for deals...

maybe if the economy tanks I can grab some that someone is selling for cheap... we will see

>>20208761
>Probably cigarettes for bartering too
Nice. I remember reading in history somewhere that the Soviet Union (or maybe an occupied country) had major hyperinflation and cigarettes became a widespread underground currency.

>>20208754
No, but sounds comfy, minus the meth head like rodents he must have. Dark chocolate sounds like it stores pretty well, and I buy it occasionally at the grocery store anyway, so I'd was thinking it would be a good idea to have a few pounds stocked up.

>>20208761
.... I thought everyone here started with food/water/protection before they started stacking...

anons make sure you have a month of food/water, and preferably more, this is not a drill, shit is going to get crazy by nov

>>20208731
So, PMs have been artificially kept low by paper/futures market manipulation by big banks ever since they took us off the the gold standard. The COMEX is where the actual physical trades take place, and this month already about 70 million ounces have traded hands. The reason that physical silver has to be delivered each month is complicated and has to do with how the futures market is set up, and then subsequently manipulated to create enormous profits by said big banks. They make billions of dollars off of these trades. Now, most of the time these delivery contracts don't actually result in physical silver trading hands, and everybody involved instead just walks away with obscene amounts of money.
Now, there aren't many open contracts in August, because it's not a delivery month. But September is. And the open contracts in September are enormous. Something like 600 million ounces are up for delivery that month. And nobody, not even JPMorgan, has that much physical metal on hand. With the price kept as low as it's been for as long as it's been kept down, what do you think is going to happen when the largest holder of silver in america discovers that it doesn't have anywhere near enough metal to keep up with demand?

>>20209056
every person involved in what it is you are describing deserves to horrifically executed in public

>>20209056
I wont make my 1000 oz make it stack is whats gonna happen...

If the head is really good, do you think people will trade silver half dollars instead of mercury dimes at least?

asking for a friend.

>>20209056

Very interesting, thanks for the QRD anon. Do you have any research sources or websites to track this schedule of physical deliveries for futures contracts?

>>20208687
Venezuela has the largest oil reserves yet is facing a shortage and has to buy from Iran, don't underestimate what >>20208768 said.

>>20209117
Agreed
>>20209146
We still have a month and some change before things really get out of control.
>>20209168
Just google it, man. The info is all out there, what matters is context.

>>20195068
In what world are the bankers and the govt going to give up on printing to oblivion in order to be the first to spend with purchasing power that hasn't yet dwindled.

>>20208875
Yeah a while ago an anon that was in the soviet union (I think Yugoslavia) during the collapse posted some advice. He said that cigarettes, lighters and batteries are worth holding along with water and canned food. Apparently the situation was so bad that the army soldiers were eating canned dog food.

>>20208954
Wait people are stacking PM without a food and water stockpile? I was talking about full on homesteading to ride out a long-term shit show.

Noob stacker here, curious why I can't find the mint marker on these Ike coins.
It should be right under the neck, or at least it is on my other ones.

>>20209360

>>20208632
Reportan

>>20209056
>And the open contracts in September are enormous. Something like 600 million ounces are up for delivery that month.
but what makes you think contract holders will take delivery on those 600 million oz? genuinely curious, i don't understand paper markets

>>20209219
They couldn't afford to repair their oil derricks or refineries. The experts who maintain that shit won't work for food when they are wanted all over the world.

>>20209310
I just wonder if the intrinsic value of cigarettes has gone down since nowadays smoking is less popular (at least in the US)

>>20209382
Not all coins have a mint mark. Unfortunately, yours are not silver:

http://cointrackers.com/coins/14580/1971-eisenhower-dollar/

new >>20209542

>>20208802

>>20209547
These days it's only worth it if you want to barter with boomers who have been hooked for years. Alcohol is a good option. Here in Australia a lot of people were going to liquor stores during the first carona wave (it was considered an essential service here).

This anon is on the something too >>20208659

>>20209489
Well, there's the fact that silver is historically undervalued to gold. The ratio is currently sitting around 97:1. Historically speaking, that ratio tends to hover somewhere between 25:1 and 12:1 globally. Which means that it's crazy undervalued. So, with economic woes on the way, what goes up immediately? Gold. Both metals should in theory dip before heading up, but considering that literally everything but metal is leveraged and overvalued in the name of turning a quick buck, I don't think either of them will. So, gold starts going up immediately. Silver goes up, but slowly. That's what we're seeing now.
But, by the middle of August, when the butcher's bill starts coming due to all those summer businesses that are stranded due to covid, a lot of those investors with open silver contracts start getting nervous. Trump can't fix the economy because he's just not smart enough. Biden won't fix it because he's an evil pedophile in bed with the big banks. Maybe they really should take those delivery contracts and hold the physical stuff if the markets don't return to status quo. Fun's over, time to hunker down and hope they have enough bullets to survive the coming collapse....

>>20205951
i liek

>>20208707
not at all priced in
miners have a long way to go

>>20208659
I stack spices and seasonings