/biz/ - Business & Finance

THANK YOU /pmg/ for getting me into honey early! I'm already building my own top-down hive setup. I know two different neighbors who already have towers setup and everything, even though I'm early I still feel like I have so long to go to catch up. Are the opqaue jars really better for storage? I went down to the local tractor supply and they didn't have anything, are there specialty apiarist stores I can go to?

Boomers and zoomers alike piling into the stock market
Smarter people piling into precious metals thinking they're outsmarting everyone else
Nobody sees the honey

Sex

- Yukari's Heroes

>>20705091
Unironically based if true, bumblebees are protecting our ecosystem from collapsing.

WAGTMI

You guys make me feel bad about my tiny investment. 6oz of gold and 40 oz of silver, I wasn't a big Silver Believer before, but I've started to stack it lately. Time will tell if that was the right choice, going all in or gold doesn't seem like a bad idea anyway.

Mostly British coins to avoid taxes, but I've ordered some silver from abroad, mainly for the aesthetic purpose. Germania x Britannia look like sluts, Libertad is surprisingly pretty and Silver Eagles are fucking huge.

>>20705313

>

>>20705387
He had no idea what a Fiat Hell will be unleashed in 20 years from then. How much silver they have now? JP Morgan has about 150,000,000 ounces, that's not enough to give 1oz to every American. Wouldn't be enough even with 70% silver coins.

>>20705313
6 oz of gold is good, what price did you get them at?

>Hand it over
>or you die

>>20705387
lmao, I can't believe boomers fell for this shit.

/diy/ here, didn't see there was a precious metals thread before posting, can you anons take a look at my investment thoughts?
>>20705460

>>20705495
Friendly reminder for (new) stackers, do not put rubber bands around you silver, it will cause black tarnish over time as the rubber releases sulfide over time.

>>20705452
And theres not enough silver to send a trillion ounces straight into the sun. Both are irrelevant and never going to happen so take your conspiracy theories back to /x/

>>20705452
Speaking of JP Morgan can anyone explain the real reason they have been stockpiling silver?
Last night I had someone explain to me they were doing it simply to keep the price of silver from collapsing but that makes no sense as I believe the bulk of silver is used industrially and only a small percentage goes to bullion and coinage.

>>20705062
Previous thread >>20694620
Please also remove embeds. The damn OP is fucking packed. We should probably go back to the pastebin for testing and whatnot.

>>20705504
Yes why didnt all the two year old boomers rise up? Better question is why your candyass allows it faggot

>>20705313
very pretty stack, my friend. i actually like it a lot.

what will gold and silver actually be worth if people 'lose fait in fiat as long and even short term store of value'?
I've heard people talk about $5000 gold and $200 silver but what would that even buy with fiat losing value so fast?
my stack is 80 oz silver and 5 oz of gold, would that buy one years worth of supplies and utilities? a new car? a new house?

>>20705586
I don't think you know what a boomer is first of all. but I can also tell you are a baby boomer because you use words like "candy ass". this is truly a dilemma.

>>20705466
900-1000GBP, now they go for 1600GBP if I wanted to sell them with a little bit of effort.

>>20705541
Friendly reminders to new stackers buy slv and gld and dont listen to these shill scam coin dealers who are raping your ass with 30% premiums

Picked up three of these to commemorate the 32,000 oz of $SLV contracts I currently own on RH.

>>20705313
Silver plus premium is around a 1:66 ratio right now. I think moving over to gold purchases again isn't a bad idea if the premium is low enough.

>>20705535
don’t put anything in gold and silver ETF’s. it’ll all just get force majeured in september when comex crashes. just put that portion into physical as well.

>>20705549
Why do you think they are stockpiling silver? See you cant answer that because you are brainwashed

>>20705606
>would that buy
heroin and hookers

>>20705554
this post number has been increased by 1 and you have been granted honorary quads

>>20705549
Don’t JP Morgan run the comex? If so they’d need all that silver to cover any positions made by traders

>>20705313
>>20705338
that's a very beautiful (and high premium I assume) stack

Repost

>>20698040
Hi older fren you're timing is impeccable. Two weeks should confirm if eur/usd breaks out of its long term trend. It sucks that these faggot ADD niggers get to reap rewards of our knowledge without the journey, but we're all gonna make it. The stink of people who scorned you now looking to you for knowledge is horrible. The attention it will garner from others will be bad too. Keep a low profile and enjoy your gains. Don't forget about the king of chavs. These guys will get rid of real wealth as quickly as they obtained it. Their stink doesn't compare to the one of fiat. They either truly become one of us or get washed away into darkness with the rest.

Also should burgers be buying gold before futures open up? I'm spooped

>>20705619
You should be happy then you’ve already made 50 percent gains that’s a good thing

>>20705643
>not knowing = brainwashing
How does that follow? If I was certain of an answer despite evidence to the contrary that would be brainwashing

>>20705660
thank you anon

>>20705606
The same it's worth now it's not going to be worth more if the dollar goes to zero

>>20705606
No one really knows, all we have as an example is the past. But the globalists have changed the world so much that nothing makes sense anymore. I think gold and silver today would be worth more than in the past, simply because there is so many people and so little metal. Rich and powerful would get over 90% of all the metals, 10% would be to be divided by the rest of humanity? Don't think so, so we're going back to copper? Ridiculous, isn't it? I don't think we'll have a world-wide Fiat collapse, but if Dollar fails, 1oz of Gold should be enough to get enough food to live for a few years.

>>20705617
Why do you expect old men to solve your problems?grow up kid

>>20705642
Thanks. So when the market crashes, so will those ETFs?

Will gold/silver temporarily crash also?

>>20705642
>just waste your $$$ on a 30% premium you will never get back

>>20705731
did I say I needed help? I already solved my own problems, I'm not expecting any help from your wicked generation. I'm merely laughing at how stupid boomers are. the future is bright.

>>20705665
Premium already paid for itself on all of them, that Lion of England Coin costed about 40GBP, now people pay 120GBP for it, just because it's the first of the set and more rare than the rest.

And yeah, in my mind, stacking gold and silver is partially a hobby too, I want it to look elegant and luxurious.

>>20705657
can't eat hookers..
or?
>>20705706
so my stack won't even last me one year
guess I should've put everything in lead and cans instead
>>20705717
>1oz of Gold should be enough to get enough food to live for a few years
that sounds very good to me

>>20705547
You are in the wrong neighborhood normie.

>>20705717
>1oz of Gold should be enough to get enough food to live for a few years.

Same as it's worth now

>>20705182
Based and redpilled.

>>20705549
Its not to prevent the price collapsing but to keep the price from being naturally discovered(hint its worth more). The comex is in for a wild couple of months I think.

>>20705815
nice

>>20705776
You are so smart you complained that 2 yearolds didn't overthrow the United states in 1965. Typical fatherless retard raised by public school roastie . Sorry we arent going to save you. Grow up and be a man not a simp

>>20705387
>>20705452
Oh, he knew. He knew that he would have niggers as a permanent slave class when he signed welfare into law. He knew the bankers that paid him would get richer and richer while the society they leeched off of stagnated and died.

What will be the markup on more attractive moon metals or will earth metals just drop in price?

>>20705784
Nope chump that premium is gone forever. You threw away ounces and ounces

>>20705606
It’s such a wild card at this point. Pricing gold in dollar terms is just stupid. It doesn’t matter what you really paid for it because you either have it or not. The real game lies in valuation. Gold and silver are undervalued compared to other assets, and it includes zero counterparts risk that no other asset has. There’s profit to be made just because everyone will go crazy for gold in the coming years. It will go mainstream like no other, and it will probably be in a time of severe poverty for the majority of humans. You’ll see niggers and all sorts of other pop culture fsggotz licking gold kilos, (probably using fake Hollywood prop bars), and covering their bodies in gold pains talking about how rich they are, Goldmember style. This already happens to an extent, but right now the US dollar is their god, that will switch over to Gold very soon, and expect things to go parabolic at this moment. Overall, just expect a massive change in perception of what constitutes wealth. It won’t be the people who with a fistful or Benjamin’s like Nigger Mayweather.

>>20705733

GLD and SLV will get delisted soon, and the people here who are foolishly buying options on them will lose everything. This video will explain it all to you in detail.

https://www.youtube.com/watch?v=XliHE6QgljY&feature=emb_title

You should be doing either one or both of two things,

1) Buying physical coins to hold in your possession,

2) Buying the GDXJ and SILJ mining indexes on the stock market.

>>20705785
>can't eat hookers..
uh,...

>>20705801
Depends on a country, I was thinking he's asking for America. 1oz would be enough for a lower quality food for a year for sure. I'm thinking more of a balanced diet for more than 2 years.

>>20705733
Yes, SLV will crash with the market. Maybe before. And no, there will not be a dip in physical. Instead, people will be moving their capital into physical even more when the market crashes.

>>20705785
It might double or triple but these drug induced fantasies of buying houses and housewives are retarded

>>20705535
>/diy/
Neat. If you go for Etfs, go for miners, not slv nor gld. The statement about force majeur is likely.
https://www.usdebtclock.org/
>172 contracts to 1 unit of silver
It's fucked bro.

>>20705554
Those Engels make me hard.

>>20705764
>not realizing that premiums just reflect the *actual* price of silver and spot price is a scam

>>20705873
I know how much money I've spent on my stack. I know how much I would get if I sold it today. It's a nice gain, 40% on everything in less than 2 years. It's not just metal spot price, these premiums are still there. 1oz Gold Lion of England is almost 2000GBP today, it was 850GBP when it was minted in 2015.

>>20705946
Based

>>20705878
Yeah it will go up for a year and then drop back where it is today. Normal market cycle once you have been through several you will learn to sell otherwise you just lose

>>20705883
Thanks. I do have some GDXJ and SILJ, I'll start to increase more into those. I'm a bit scared of the physical because of it's liquidity, like when in 2012 gold crashed... it would be hard to get rid of my physical stuff. Am I buying at a high? Or is this stuff people just hold onto forever? I was kind of thinking to just buy and never sell...

>>20705883
t. Shlomo who is laughing all the way to the bank with your 30% premiums

>>20705946
>Yes it's good to overpay by 30% as long as the 30% goes to me

>>20706023
>>20705994
Bro I got these bats at 113.94 and I can sell them at 160 on ebay right now, just have to get some little coin holders, already have stuff to ship them in. Don't be salty people play premiums because premiums make money in a functioning society. It's not like we aren't also stacking the lowest spot price silver and fractional gold for SHTF.

>>20706042
>>20706023
>>20705994
Wow the pills melted my brain

>>20705994
>>20706023
double-posting faggot boomer.
NGMI

>>20705958
Premiums increased from 5% to 30% , if you were smart (you arent) you would sell and buy back when premiums are down to 5% or less

>>20705971
I don’t really expect this to happen at all. The only drop will be a deflationary period for all markets before the election in Nov. But the Gov is already trapped in a dept proliferation negative feedback loop that ends with the death of the US dollar. They control the pace right now, but without dollar printing civil unrest will skyrocket, and if they do give people a bunch of money then civil unrest will rise again once it’s spent, and money is getting easier and easier to part with. They gave their pets heroin for decades, now people can’t live without that Gov stimulus. It’s all planned anyway, but won’t end well.

>>20705981
>GDXJ and SILJ
These will go bust with force majuere contracts cancelled ETFs disolved better to invest in SLV and GLD which hold real silver instead of paper companies

>>20706023
>3Mwt3rjO
Show us your stack

>>20706121
Fuck off already.

>>20706069
actual fruit bats are cute as fuck kind of like flying dogs but those coins are just ugly and I don't know why

>>20706121
>>20706086
holy fuck you are actually sick in the head giving people this HORRIBLE advice. if you’re doing this on purpose just to fuck people over then you need to sort yourself out.

Nobody, for the love of God, listen to this idiot.

>>20706186
So silver coins are at a 30% premium over their price by weight, is that what he is saying?

>>20706186
He comes in here daily to shit up the thread, i think he doesn't get enough attention at home or something so he lashes out here to get attention, even if its negative attention

>>20706141
He'll show you his GLD and SLV he got with 30% commission to his traditional broker

>>20706220
Based school teacher perspective that's probably right.

>>20706086
Metals are not Crypto, it takes time and effort to sell them for a non-cucked price. You're obviously a Crypto-Coomer.

>>20705091
This is the way

>>20706228
kek, BTW dont buy GLD or SLV I did, read the paperwork and sold immediately

>>20706164
https://www.youtube.com/watch?v=WVz8rvIl_vY

I love them, wish I could pet some IRL. Closest I've come is hugging a sloth.

>66% crypto (mostly BTC)
>34% pms (physical and miners)
>total portfolio up to $137k now
>still have a $140k sftw engr job and don't mind waging while I bide my time
>100% WFH until mid-2021 and I only do like a couple hours of work per day
My comfy levels are off the chart

>>20705135
in the old days every family had a small collection of hives

>>20706252
The /smg/ to nazi beekeeper pipeline wouldn't be complete without /pmg/

>>20705705
I dont know wheres she's from but I have become a fan. Thanks for keeping /pmg/ lively anon

>>20706220
Pretty sure he’s a leaf

A PSA to all paper contract stackers:

Real money stackers are going to deplete the physical market and then buy paper contracts and hold them to expiration to force COMEX and LBMA to deliver gold and silver, until they run out. You should be out of your positions at the first whiff of trouble, and you should be watching for it in lesser known news sites to make sure. The mainstream media is operating on behalf of the federal reserve and exchanges to prop up their scheme to siphon of gold and silver reserves for themselves leaving nothing backing the paper contracts, so you certainly won't hear it from them.

Same goes for mining stock contracts, albeit at a mid term date most likely. They will be nationalized and given to the private banks and COMEX exchange unconstitutionally because that's just what bankers do, so be prepared.

YOU HAVE BEEN WARNED

>>20706141
I'm showing you something more valuable, experience learned over almost 50 years of PM trading

>>20706186
I was mocking this tard you cant understand satire ape>>20706121

>>20706121
why does this guy always have a green id

>>20706352
You cant count the time when your dad was "trading" with you still in his sack. You give the absolute worst advice, constantly.

>>20706212
Yes, and usually that premium is much lower sometimes zero. They are bragging about overpaying by 30 % of their purchase to the coin seller

>>20706441
I'm on JM's website right now and see a silver price of 22.90 and the 10oz bars at 268.90. That's for sure a premium, but, not 30%...

>>20706441
>>20706483
It's like 15% in that case... which, still, I see your point. You'd have to make 15% gains just to break even, and then when you turn the physical in you'll also not get full spot price so you have to make maybe 25% gains just to break even.

>>20706431
To be fair >>20705921 and >>20705971 seems reasonable by past performance, he's operating with the assumption that fiat won't spiral out of control so taking profits and minimizing cost by trading paper would make sense
But on the other hand the turkey has had a good life right up until before Thanksgiving

>>20706483
So ~15% which sounds like a pretty good price to store some value in a from that is not going to depreciate.
If I just kept dollars in my bed how long would it take to lose 15% of value?

My suspicion is that this guy is a stacklet trying to increase his amount of time left to stack by fudding PMs as hard as he can like a one man media matters army.

sorry buddy, rocket ship is departing without you

>>20706441
I think CoronaMeme Crisis proved everyone that gold and silver cost as much as people are willing to pay for them. I bought a coin in January, close to spot price and a tiny premium. In April and May with all the delivery chaos, I could sell it for x2 profit. People were really paying almost 45GBP for 1oz of Silver Britannias on eBay.

There is no spot price, not anymore.

>>20706243
>it takes time

That's right, buy low sell high dont panic buy and pay 30% premiums .

Simple: Dotn sell your PMs for less than you payed, spot or premiums be damned.

Spot price is supposedly tied to paper but the dealer damn well use it to put a limit on the price they buy PMs at.

its a simple offset that one has to keep in mind. not mater whjat you pay to buy.
chances are any dealer will only buy it form you for Spot.

So, if you don't want to flat out lose, you have to hold and not sell unless spot or there buy price meets or exceeds what you paid for it.

that means sticking rigidly to a buy low sell high strategy

illogical or unfair, right or wrong. that's just the way it is. no sense arguing about it

>>20705606
The value it will have is people will accept it as money and you and your family wont starve. If you have enough you may even be able to pick up other assets for pennies on the dollar. Imagine buying thousands of acres of land for a stack of gold.

>>20706259
That's stupid I'm up 30% on the SLV I bought recently. Are you telling me those $ dont spend? Like is there an asterisk on them

>>20706640
cant read Canuck runes. what does that say?

>>20706334
Real money stackers lmao the 2745 ounces of silver in the physical market dont matter. You are jealous of the efficiency of e silver. Yeah baby e silver hiyoooo away

>>20706662
I'm honestly slowly moving to the "Never Selling" camp. Maybe when I finish stacking and I have like 10oz of Gold and 800-1000oz of Silver and it reaches the price that would allow me to buy another house? I think trading gold for land/good real estate is not a bad deal.

>>20706681
Read
>>20706334

>>20706713
Diversity Is Our Strength

>>20706573
I spent 3k on gold and silver just yesterday, so, I'm not arguing... this is buy and hold for extremely long times to counteract inflation. I remember in 2009 when the same thing was going on, and gold just finally got back to its 2012 numbers. If you bought physical then, you're still selling at a loss down because of premiums and turn in charges.

>If I just kept dollars in my bed how long would it take to lose 15% of value?
About 10 years, based on 2010 to 2020.

>>20706515
Exactly

>>20706591
There is a spot price that's what miners sell for and minters pay unless they have some sort of guaranteed contract you are just coping with your loss

>>20706764
>Exactly
I think there is still an argument for having some physical though, I mean I'm watching the premiums and obviously the gold/silver shills are out in full force like they were in 2009-2012. It's like clockwork. But if things get really bad, having SOME things to barter with is a good idea.

>>20706729
yeah, i think that too. i mean. i do not ever want to sell at a loss or even break even. I am firmly committed to holding permanently or until some peak when i could sell at a worthwhile profit. but only with the plan to buy more when it dips again
i think this pricing function really motivates the PM holder to hold hold hold. definitively for the patient person.
i have other investments that are designed for investment profiting
PM is just my secret boomer hobby

>>20706809
I didn't lose anything, are you retarded? I've bought for less than I'd sell it for. Unless you think that I could've squeezed out a few more percent? I'm very young, I'm not planning to sell for at least 10 years.

This fucking Crypto Coomer mentality, dopamine depraved, incapable of holding for longer than a month.

>>20706534
>fiat won't spiral out of control
Varies by country. The usa has the lowest risk of that but people here talk like it's a sure thing.

>>20706736
Leafs are gettin' uppity again

>>20706713
I bought that leaf for $349.

What's the premium on one of those today?

>>20706856
>2009-2012
Well if you purchased MUX in 2009 and sold in 2011 you went from less than a dollar a share to eight dollars a share.
If you purchased physical assets you went from ~13/oz to ~46/oz
It appears to me if you listened to the shills you could have made some good money if you timed things right

>>20705091
Based. Any kind of airtight storage is fine. Just keep out of direct light and keep cool.

>>20706754
Or one to two years based on the current rate of actual goods inflation.

>>20706986
>>20707030
Based

>>20707030
You trying to tell me the central banks are lying about the actual inflation numbers?

>>20706986
You can't time the market like that though. I mean sometimes people do, but it is mostly luck. In 2012 the fucking gold shills were unbelievable. Lots of people still holding those bags and still need another 20% gains to go to cover their mint/premium fees. Money that could have been put into the biggest bull run in American history.

Not saying it is dumb to buy precious metals, I mean I just spent three grand on them yesterday - but, it's not necessarily a great investment.

>>20707030
Can you cite a source? I'm very worried about hyper inflation (hence why I am here). But I haven't seen any data on where we are at now.

>>20707076
> But I haven't seen any data on where we are at now.
There will be no data, if it ever happens, it will be kept a secret till it's too late. Like every single time in history, like in Germany before the war.

>>20707066
I wouldn't doubt it, the CPI is kinda bullshit, but I kinda doubt we've seen 7% inflation so far this year (which would be needed to hit 15% in two).

Remember Silver was down around $5 or $6/oz in the early 2000s for a time
then post 2008 crash, about 2011, it crept up to $50/oz
it was only there for awhile then dropped back down to just crabbing around the $15/oz. range since then, until this latest shit show

i cant help think we haven't seen the full "reaction" from the economic troubles play out yet, and the peak PM prices are still ahead of us, possibly a couple years away still, but of course who really knows

So /pmg/. I started stacking this March due to uncertainty in the dollar collapsing. I've acquire around 80 ozt and a few grams of gold and 1 austrian ducat.

I did this mostly out of having a hedge in case this hyperinflation stuff comes to fruition. My mindset has mostly been collecting and having a sizeable amount.

The past few threads have had an influx of negative posters. Some of them have had a couple good points but /pmg/ was one of the comfiest threads on the entire site.

What I want to know is will silver pay off in the future? Will it moon? I admit I got a 5$ fv of mercs for the memes but theyre decent little coins. WIll our mindset falter ynder the pressures of the unknown future?

>>20707183
>i cant help think we haven't seen the full "reaction" from the economic troubles play out yet
Just wait until all the helicopter money ends and unemployment really hits. Florida, for example, is ~11% last I checked. 1/10 people unemployed and living off the system.
Shit is going to get messy

>>20706856
I'm all in favor of having physical just be smart about the price you pay. I bought this when silver was about $5 an ounce. Paid 4 times for the halves and quarters and about ten times for the the silver dollars. I knew the $ were a worse investment but I couldn't help myself . The halves have gone up 5 times and the silver $ only 2 times.

>>20705840
Time to unload all my silver!

>>20707066
Yes, they change the criteria by which they measure inflation often to depress the actual number.

>>20707076
Here ya go: http://www.shadowstats.com/alternate_data/inflation-charts

>>20707266
So should I pickup some more at the 15% premiums I see currently for silver?

>>20707200
>The past few threads have had an influx of negative posters.
/biz/ is dominated by Crypto, they react with natural hostility. Ignore the FUD and do what you want to do with your money, do your research if you have patience for that.
All I see is that paper money is worthless, can be printed effortlessly and given for free. Gold and silver are God's Money. Our Fiat currency started not so long ago and it's already failing, you'd have to be retarded not to have any gold, silver or a solid Crypto of your choice.

>>20707200
Silver to at least $100 and gold to at least $5K in the next year.

>>20707262
They aren't going to cut off benefits, at least not until after the election. Possibly never. If they cut bennies, the entire ponzi will collapse.

>>20707132
It was sarcasm, the cental banks are very obviously lying about the actual inflation.

>>20707200
If you look at everything as a whole, and take into account all the financial voodoo that is going on right now, its fairly easy to see, the banking system is sick. The comex just had the largest delivery month ever, and force majeure is being thrown around like its a everyday normal thing. The LA times put out a hit piece on a gold standard. https://www.google.com/amp/s/www.latimes.com/business/story/2020-07-22/senate-gop-shelton-gold-standard%3f_amp=true
For PMs thats bullish as fuck.

>>20705313
You're doing well. Nice, anon!

>>20706856
>>20706986
>>20707030
>>20707066
>>20707076
>>20707132
>>20707183
>>20707297
>>20707372

The reason that the gold/silver precious metal "shills" were out in force from 2009-2011 is because the USD was literally about to collapse but like >>20707127 said, subversion and conspiracy maintain those in power.

This graph shows that the USD was only saved by siphoning off the value of other currencies and forcing them to buy and hold treasuries denominated in USD, in other words we forced them to give us money to sustain our economy these last few years. This has allowed the Fed to pretend everything's fine and they can print money forever. Well they're not, like most everyone in here knows, and the "shills" in 2009-2012 were right then and they're right now, as long as more manipulation doesn't occur.

But with the gold chart pattern the way it is, the global economy stressed by "coronavirus" economic therapy to weed out any elements not supported by Keynesian stimulus, there will be a lot less supply of goods because of businesses going out of business and a lot more dollars. Both of these will combine perfectly for high inflation. This is it.

>>20707127
Based

>>20707372
Oh, sorry. I'm unironically an aspie so that stuff passes me a lot.

>>20707405
Forgot the image of course lmao, knew it was something

>>20707346
I would buy SLV personally but I already have a stack.

>>20705642
GLD ETFs are fine, CME are yearly audited by independant firms and they always delivered good recording books in line with provisions required to cover most of the full contracts (400oz standard per GLD). Naked short is mostly a meme perpetuated by sellers of physical gold to prop up their own business. It's for SLV backing where auditing isn't fully occuring and where things are WAY more shaddy (especially in term of logistic, where it doesn't add up at all, from charters conveying down to the storage units, etc..). But since LCS both sell silver and gold, they thought applying the naked short theory of silver onto gold would be a good idea, and it was since people fell for it. Especially due to the fact coins minting is quite low quantity wise, thus ending up in physical shortages multiples times a year, the LCS bet on this to justify the non backing of GLD, but it never was a material shortage, just governmental mints capacities ridiculously slow and rigid, incapable to adapt to the demand.

I know this info wont please gold stackers (and please GLD hodlers) but that's the truth. Either it be pleasant or not shouldn't matter, only truth should. What is yet to determine is to know if a cas of force majeure on SLV deliveries would be enough to undermine the confidence on the COMEX enough to impact GLD by ricochet.

tldr : GLD is fine, you can trust it. SLV is not fine, mostly due to an absolute lack of transparency, but we will find out what happen soon enough if the delivery craze continue at this pace.

>>20707405
>>20707425
Here's another more definitive img

>>20707372
> force majeure is being thrown

By shills and useful idiots your whole post is FUD

>>20707405
>>20707425
>This is it.
Well if you are right I hope I can manage to ride the tiger. I don't have much but then again nearly everyone has nothing

>>20707405
So do I buy this today?
https://www.jmbullion.com/2020-1-oz-british-gold-queens-beast-white-horse-coin/

>>20707425
>>20707444
uhh,...

>>20707503
>ride the tiger.
your the star of the masquerade
you can see his stripes but you know hes clean

>>20707502
Hey, I have this one. I got it before the price spiked, already made me 100GBP.

This coin is a part of the collection, there is 9 of them right now, the last one will be released later this year. When the Queen dies it will be the only Coin Collection with her face on it, so premiums are going to be nice just for the numismatic value.

If you live in the UK, these coins are completely TAX FREE, if you're from somewhere else, get the cheapest 1oz of gold you can, no matter in what form.

>>20706736
That's a dude.

>>20707545

>>20707441
Came to the same conclusion. They can simply inflate the amount of Silver they are supposedly storing to increase the amount in fees they can extract. I think this will come to light at some point, so I've been rolling a few thousand $0.01 put contracts(coincidentally the first crash in March gave me somewhere around a 50,000% return on these).

>>20707582
I live in the US, but in Florida we don't pay tax on this stuff...because...well...Florida. It's a tax free purchase.

>>20707441
I'll just let this speak for me

Also they just recently changed their auditing standards I'll send that in the next post

>>20707448
You're entire existence is FUD. You shill paper every fucking day. /pmg/ is precious metals general, not paper metals general, take the fucking hint. Stop trying to shit on every idea that isnt your own. If you did so well in your 50 years of investing why are you still here? That alone discredits anything you say.

>>20707644
Get the cheapest gold and silver you can get then, ignore everything else. Unless you want your stack to look pretty, but that will cost you a tiny bit extra. Won't matter if you're planning to hold for a few years, but it's up to you.

>>20705541
Will leather tarnish my silver also? I loved the idea of storing my silver rounds in a classy leather pouch, but now I'm concerned

>>20705387
>trust your government, goy

>>20707648
>>20707441
>>20707637

Nobody knows how much COMEX actually devotes to long term storage

>>20707502
If you want

>>20707648
My sides, let's assume that most of the paper holders want to claim their physical because of the crisis we're going to have for the next 10 years... what will happen then? Those who are obligated to deliver that gold literally won't be able to do that, unless they start buying for much more than their client bought it for.
Will they get nothing at all? Won't these paper dealers go to jail? This is so complicated to unveil when the shit hits the fan in 2021 and we go to war with Chinks.

>>20707695
That seems to be the cheapest I've found. Apmex is all over 2k.

>>20706260

Kawaiiiiiiiiiiiiii

>>20705535
Hard to trust gold and silver ETFs. If you want to trade paper for PMs, mining ETFs are a good way. That’s what I personally do. I stick most of my stock portfolio in SILJ and GDXJ and then I pick a couple blue chip miners like First Majestic, and then pick a few moon ship small cap miners (which obviously carry more risk).

>>20705606
1oz silver per day of economic turmoil, now you just need to estimate how long we have to suffer

>>20707776
We don't have that much silver to pay these amounts.

>>20705549
If COMEX ever had to pay out contracts in cash due to not having enough silver on hand (force majeure), that would be the end of the paper silver market. They would lose their biggest tool for price suppression and real price discovery would begin in earnest.

>>20706334
I expect to hear about any impending trouble right here on PMG. Also, you can't stack SLV for a decade like you do physical. My options expire in January, and that's a comfortable enough risk tolerance for me, especially given the potential upside.

>>20707814
wat?

>>20707674
You seem angry. Is it because you paid 50% premiums to get a coin with a bat on it? Anywho the fact that you cant defend what you say and start crying like a bitch is quite a tell of a newb being fleeced

>>20707753
They would just pay you in paper according to this new credit line. Hopefully they go to jail

>>20707852
Maybe I misunderstood something, but you've claimed that in the next fiat crisis you'd need 1oz of silver a day to survive. Unless we think about two different things.

>>20707717
This kind of nonsense is always trotted out by shills based on no evidence. SLV has been around 15 years with no problem

>>20707717
>If you want
Purchased. Hopefully it was a good idea.

>>20707852
I think he meant there isn't enough silver in circulation for 1 oz of silver to represent the daily needs of a person

>>20707868

Chris Marcus interviewed over a hundred people in the PM industry for his book "The Big Silver Short," and, when he would ask each one how many owners there are for each paper ounce of silver, he never got an answer lower than 500. By advocating for SLV, you are leading people down the path of oblivion.

https://www.youtube.com/watch?v=egD6yjimNno

>>20707753
Nope. They will redeem then get robbed and the rest will put it back in storage. You shills are silly for thinking you need to scam people as pms are going up without your conspiracy theories

>>20707929
Buying gold is almost never a bad idea, especially when they print billions a month.

>>20707933
maybe that is what he meant, but that would be assuming that everyone needs to make it, which is not what will happen, it only matters that there is enough silver for you and there is

Quit responding to the low grade FUD fag. Don't buy silver above a 10% premium over COMEX. Buy PSLV if you have to and trade into physical when the price goes down

>>20707868
I'm pissed because you are trying to push those here out of their physical positions and into paper so they take the fall with you.

>>20707950

>>20707960
I only have 888.18 average expendable income per month for investments, so, I won't be able to stack up to an amount that will save me, but I figure if I have enough maybe I can make it to my friends house in Oklahoma to live off the land with him.

>>20707950
I don't know if I would call it a book as its a bunch of interviews but its a good listen. He has people from all different points in the industry from dealers to traders and you get a real interesting look at the market.
Whoever posted the audio link earlier thanks again.

>>20705091
Nah lots of stackers are also spoopers

I just dont like to tell many people because then its just more competition for the bees

>>20707929
Nice. I think that one is actually in my cart right now.

>>20707975
>>20707957
>>20707914
>>20707817
>>20707753

>>20707764
Hard to trust gold and silver miner ETFs. If you want to trade paper for PMs, SLV and GLD ETFs are a good way. That’s what I personally do. I stick most of my stock portfolio in PAAS and NEM and then I pick a couple blue chip ETFs like SLV and then pick a few moon ship small cap mercury dimes (which obviously carry more risk of stds).

>>20707988

I think that, in making my financial decisions, I'll stick with Alisdair Mcleod and Chris Marcus over you, but thanks anyway.

>>20705939
is that clock real time?that shit is crazy

>>20708040
Oh you'll stick with mainstream talking heads? Such foresight

>>20707964
well
if a few people have hoarded all the silver and everyone wants silver/gold to act as a longer store of value than, say, bartering a sack of potatoes for a pound of meat (which will rot quickly) then surely one oz of silver would be worth more than one day worth of necessities

>>20707996
Having a single ounce of gold already puts you 3 dimensions above the ocean of Normies who hodl fiat on their savings accounts and stock investors that will be consumed by the insider traders in a few months. Market crash will happen, they've just postponed it until the american election.

>>20708022
You motherfucker I just told you not to respond to fud fag lol. The point I was making is that you can always find physical somewhere for <10% over COMEX prices and if you can't, buy Sprott's PSLV

>>20707988
I want them to establish positions in slv so they can make a profit, you are trying to sell them coins so you can make a profit while they lose. You are a scoundrel

>>20708074
>Normies who hodl fiat on their savings accounts
unironically people think they are cheating the system by doing this

>>20708074
I think next I'm going to stack up on silver, as it seems to be less inflated.

When the stock market crashed in April did gold prices drop? Do I keep cash ready to jump on opportunities?

>>20708108
Well, I mean in 2008 best you could do is just that and then immediately after the crash start to accumulate now cheapie stocks to ride up inflation.

>>20708085
Oh I thought you meant 3Mwt3rjO

>>20708108
It's seems ridiculous to me, but I think you're probably right based on how little savings there actually is.

>>20707753
Well, first thing first : only big fishes are able to claim delivery. You can only take delivery per full GLD contract, i.e. 400oz bar minimum, in increment of 400 each time. So it immediately weed out all the retail investors who will only be able to get cash out of their GLD position, no matter what.
If the CME group is naked, you can bet your short and your mom insider trading on an unprecedented level will (already is?) occuring. Meaning CME kikes in the knows will tell their (((friends))) the real situation so they could be the first ones to withdraw in what is soon to be a play of musical chair.

That's exactly my prediction on what's happening with SLV as we speak. I can't believe all of a sudden big hedge funds and various banksters cartels are all asking for silver delivery at the exact same time by "chance". It has to be JPM/HSBC/GS warning their talmudic boys to be the first ones to claim for delivery before everything get depleted. That's how jews are doing stuff, always. The fact not a SINGLE media outlet speak about this obvious potentiality is a red alert in itself.

>Won't these paper dealers go to jail?
0 kikes went to jail for the 2008-9 financial crisis. Banksters are never going to jail until we seize back power, they are the ones controlling the world buddy.

>>20705765
GJ making that list anon

>>20708074
That's retarded what does one ounce of gold do for you? Haha you think you are buying the New York stock exchange with it? Grow up

>Tfw you finally earn enough to cover the premiums but now you have to pay capital gains when you sell.

We are fucked if Dems win in November. They will assuredly go after PM’s

>>20708119
Paper prices of silver and gold dropped, physical went up a lot. Ignore spot price, metals are worth exactly as much as people are willing to pay for them.
In March, (((spot price))) of silver was like $12, but you couldn't buy any silver anywhere. You couldn't get it delivered. Some bullion dealers simply refused to sell at these prices, but there was a lot of people who bought in some other places (eBay lel). They were happy to pay 2-3 times more than the spot price just to get the physical bullion.
It's all just a big fucking scam, real prices of gold and silver are so much bigger than what we have now. Silver is manipulated to keep the Big Tech companies more profitable, Corona Crisis fucked up their plans, we'll see if it's time for that scheme to collapse.

>>20708040
Yeah you had a supporting argument so I added it in response to the SLV pushing retard who just doesn't understand how dangerous it is to hold paper silver. I agree with you.

>>20708085
I'm glad you agree these choade are getting ripped off because they are full blown panic

>>20708161
I've never looked at the GLD prospectus, but if it's pretty much the same as SLV, only the major commercial banks can request delivery. It doesn't matter how much you own, if you aren't doing it on behalf of HSBC you aren't getting shit.

>>20708119
gold price did drop, they say its because of margin calls and liquidity shortages, it quickly recovered, in the next stock market crash (which everyone and their grandma is prediciting) the big funds will not be surprised so another gold price drop is unlikely.

>>20708161
You are so dumb they want delivery because you retards are willing to pay a 30% premium. They make a guaranteed profit you make a guaranteed loss. You are so dumb

>>20708195
>>20708223
So do I just say on the first of every month buy a certain amount, basically dollar cost average?

Like monthly silver and every other month gold (since, gold is so much more expensive I can't buy it every month)

>>20708186
It can get me much more than your half-assed ETH stack, faggot.
Never selling, at least my investment is immune to EMP caused by some bug-eyed Chink detonating the bomb in the higher levels of Earth's atmosphere.

>>20706736
Those crazy eyes... every single fucking time they try to take a good picture of them, the crazy eyes show through... and this is the best pic of the bunch too.

Cant tell lies with the eyes

>>20708063

Never knew that having a few thousand followers on Twitter or 20,000 subscribers on Youtube made you "mainstream," but thanks for that insight.

>>20708195
>Silver is manipulated

The big lie you tell yourself to explain why you keep on losing. It's never your fault right dumdum

>>20708251
Ideally you would have already a full position of gold and silver as in the last years there was plenty of time to accumulate.
If you dont, buy now so you dont are empty handed and continue to buy every month as you get paid.
You are late to the party, very late.

>>20708277
It... it literally is and only a Jew would dare to claim otherwise.
Wait a second, I have my foreskin intact, do you?

>>20708260
It wont get you anything but robbed by tyrone. If you stop paying 30% premiums you can stack faster. Basic math simple as

>>20708260
I have a feeling crypto is going to go through the floor when the market crashes.

>>20708294
:( My fear is I buy and then it drops again.

>>20708248
coins and bars are like 17% of the market? Do you think all these people are taking delivery of silver to fight over scarps?
The money is in industry

>>20708266
wow, theyre really asking to be taken to the guillotines

Is /pmg/ being infiltrated by ((them)) to keep us from buying up all the physical metals? We do put in some pretty larger orders pretty regularly and there are some quite large stacks on here, are we truly that big of a threat?

>>20708294
>You are late to the party, very late.

Or early. Dont be a retard who thinks this time is different

>>20708277
>>20708248
>>20708208
>>20708186
>>20708094
>>20708036
>>20707957
>>20707914
>>20707868
>>20707448
Holy shit this paper kike shill is literally having a melt down lmao

>>20708318
>He says without proof that thousands of people are in a giant conspiracy to lower the price of silver by 42 cents because he overpaid and is mad at everyone but xirself

>>20708370
Well, taking the risk... Over the past few days this is what I have bought. Now after this initial purchase I'll likely continue to trickle in.

>>20708331
>:( My fear is I buy and then it drops again.
Don't invest then, only real estate market is risk-free. That's why it's so expensive. If you are afraid to take the risk, find some other way to make money.
>>20708331
>I have a feeling crypto is going to go through the floor when the market crashes.
Some maybe? 99% of the current projects will fail, but who the fuck knows what's the blessed 1%.
>>20708325
Estonian, tax free metal baby, my stack is pre-FOMO prices.

>>20708409
I already have a house ;). Mostly paid for in a great location, probably my best investment right now!

I already went for the precious metals, I always have a fear when I make a move: >>20708407

>>20708344
Yes obviously

>>20708344

This

And if we're facing a massive economic crash in October, the price of PMs will CRASH

That said, just like in 07-08, the price will dump, and then spike. This is the calm before the storm boys. DONT buy physical right now. Wait it out. There will be one more dump before the price moons.

>>20708407
y u buy 1/2 oz tube? your buffalos are 1 oz

>>20708366
Yes, metals used to be reserved for billionaires. When was the last time you've heard the normies talk about gold prices? They don't know, they don't care, they don't own any. Maybe a golden 9c chain or a ring here and there. An actual gold and silver bullion?! In the hands of the middle/lower class?! Unacceptable. Remember that owning gold was illegal in almost every single country at one point.

Jesus fucking cope. This fucker accounts for 20% of pmg posts during the daylight hours. This is unreal. Well I'm off to the beach with my sexy fiancee who is pregnant with our child. Please endeavour to quit shitting up this bread you unbelievably cucked larper.

>>20708370
buy some physical because you should always have some physical just to be safe and put what you can afford to risk in to mining companies.
chances are the economy is going to shit itself and the miners are going to moon.
if you don't take the chance nothing will change. You are not late and you are not early you are right on time if you act decisively.

>>20708462
Because I'm a retard lol. Any recommendations for a 1oz tube? Does Amazon have them?

>>20708407
word to the wise, if youbuy in multiples of 20 for most rounds, or 25 for maples ASE they just ship them in a plastic tube anyway

>>20708409
real estate is not risk free, not by a long shot, many people lose money in real estate

>>20708454
>"anon, you are a lying piece of shit, look at this and that disproving your point"
>'yes, obviously'

>>20708331
Nothing better than a juicy drop in gold and silver (it just isnt likely to happen), also dont be fearful.
Once you hold a significant amount of precious metals you are far better of than the average losers around you.

>>20705062
guys,.. take a look at this garbage -

>>20708343

>>20708492
Oh wow, thanks, good to know! I bought a lot of gold so in the future I'll buy in those multiples.

>>20708407
>22% premiums on rounds

Why are people taking delivery of silver they ask it couldn't be to make huge profits with zero risk

>>20708483
see >>20708492

also just use tupperware with some dessicant in it, any air tight will do.

>>20708318
Aw, man... You had to remind me of what they took from me? I was stacking and restoring to try to forget, but I can never forgive.

>>20708366
>>20708378
>>20708463
Yeah, shit man, im pretty glad I've stacked so hard. This is a real eye opener.

>>20708522
What's my best bet for buying silver right?

>>20708459
There wasn't any concern about the USD in 08 compared to now. Now even people like Ray Dalio are actively suggesting hyperinflation. Even if electronics demand fell 80% more people concerned about fiat will buy up the metals and miners would only sell what they had to sell in order to prevent bankruptcy. First Majestic didn't sell shit during the March crash.

>>20708515
I'm baffled this kind of baseless retarded clickbaiting articles written by economy illiterate monkeys still get any view.
Just, just imagine still thinking in term of NATIONS in the fucking NWO where 100% of the banksters have at the very least 4 differents passports. You can literally buy a cayman islands nationality for 125K USD online lmao.

>>20708582
SLV right now , if you have to hold some in your hand wait until all these people who panic bought panic sell

>>20705606
If fiat is worth zero, then gold is worth infinite, i.e. you can't buy it at any price.

>>20708595
>miners would only sell what they had to sell in order to prevent bankruptcy.

Take your meds schizo this is 10 times more retarded than your force majuere fantasy

>>20708582
Don't listen to him, he is >>20708378

>>20708620
Or should I just focus more on gold?

I've been working on my plan today, this is where it is at...

888.18 expendable income
40% physical
20% silver
20% gold
10% gold & silver ETFs
8% GLD
2% SLV
20% Mining
10% GDXJ
10% SILJ
30% Stocks
30% BRK.B

>>20708671
Well he isn't wrong about the 20% premium. I mean gold I'm getting at basically spot value, but the silver I bought was at a premium. It's for sure food for thought.

>>20708675
Sorry that didn't format right.

>>20708647
>if all fiat is worth zero

Nice fantasy retard

>>20708675
>200%

>>20708712
Formatting issue, see >>20708696

>>20705883
>>20706121
>>20706259
>>20706334
>>20707441
This FUD is retarded. SLV is audited you damn monkeys.

>>20708675
That looks fine except the Berkshire

>>20708675
It's a pretty clean plan my fren. That said you should go for more silver in physical and more gold in paper. You already are doing it for GLD so that's good, but just change your 40% physical into 30% silver 10% gold.

>>20708742
You clearly have no ideas of what you are talking about.

>>20708331
>I have a feeling crypto is going to go through the floor when the market crashes.

IMHO bitcoin will probably dip a bit when the market crashes but then bounce back and keep crabbing. There may be some shitcoin fatalities.

The big brain play will be to ride PMs/miners for the next year or so, and then rotate into crypto and ride that pump before cashing out for revalued real estate or productive assets.

I bought my first bit of silver just yesterday from JM Bullion, but I'm certain there must be better deals to be had. Of all the online dealer's, where's the best place to go? I did find out about a local dealer where I'm at, but haven't had the time to go check the place out. I'm assuming a brick and mortar storefront is more likely to rape your ass way above spot price to pay the bills?

>>20708675
And the other thing, if your miners and paper pms go up in a year take a profit its horrible to see a 200% profit disappear

>>20708758
>>20708707
>>20708667
>>20708620
>>20708522
>>20708454
>>20708406
>>20708370

>>20708838
Call up local dealers and ask their bid and ask price. This will be where you get good deals when silver crashes and people are unloading their bags you can buy for less than spot

>>20708758
Open to ideas. I've been a BRK.B investor for a long time. I know the old man is going to die eventually, but, he tends to do good in shitty markets.

>>20708769
Why is that? I'm a bit concerned about the premiums on physical silver... like 20%

>>20708821
>>20708843
Thanks. I will for sure have a profit taking plan on the miners and PMs.

>>20708838
Same experience. 20% over or whatever. Gold I basically paid spot. See >>20708407

>>20708854
Sorry I ruined your plan to fleece newbs with 30% premiums

>>20708807

>>20708921
god nigger no one likes you just shut up already

>>20708742
Not really. I mean, the odds of the whole thing collapsing *might* be low, but if there are odds of it collapsing and there are alternatives that seem to mitigate that risk and cost the same (PSLV) why would anyone buy SLV? Every fraud since 1934 has been audited multiple times per year. The difference is that Enron/Worldcom/Wirecard had unique businesses. If you're just buying a claim on an unproductive commodity, why wouldn't you opt for an identical competitor with less risk?

>>20708838
if you can't find anything local stick to buying kilo bars

Current stack is 237ozt pure, 80ozt in junk for a total of 317ozt.

60ozt pure are waiting to be shipped.

>>20709033
What's the difference between the two, can you enlighten a newb?

>>20709046
quarters have silver in them?

>>20709092
All quarters and dimes minted before 1965 are 90% silver, 10% copper.

>>20708498
based corona chad.

>>20709092
yes before 1964 they were 90% silver

>>20708459
That's assuming there will be much physical in stock not being sold out the second it hits the dealers pages, like how it was in march, I'm holding cash for a dip too btw

>>20709115
Ah okay, thanks.

>>20709092
>http://coinflation.com
here are the coins that have them

>>20709119
1964 mintage still has silver in them

>>20709117
thanks fren, my second favorite coin is the Kronen, only Vreneli is better

>>20708521
No problem anon.

Ahhh one helpful post in the thread, lets get back to calling everyone niggers and shilling crypto's and ETFs

>>20709092
See? 50 years ago we used gold and silver and we were happy and prosperous. Everyone got a slice of that big pie, but then the Bankers decided they want more, they want to be billionaires. So everyone else gets scraps, they took everything away from the Middle Class and everyone is a slave without realizing.

We NEED to go back to Metal Standard, with heads of these fuckers rolling if they give us no choice.

>>20709180
Pic related

>>20708838
In my experience, the lack of shipping/ waiting time, the lack of sales tax (in Minecraft), paying in cash, and slightly better prices makes an irl location so much better, not to mention you can usually hand pick what you want to buy

I'm wondering if Peter Schiff offers silver rounds without the 20% premiums.

>>20708366
>are we truly that big of a threat?
/pmg/ is the second biggest silver holder after JPM, you tell me

>>20708366
Compare the traffic 4chan gets to the average boomer rock forum. This is literally the only free speech platform that exists on the internet, this place is a honeypot, meme factory, social engineering experiment, and the last bastion of truth all rolled into one.

All that, and clownworld has just gotten started.

>>20708838
I use JM Bullion nearly weekly sometimes multiple times per week. JM is reliable and trustworthy. Keep an eye on weekly deals.

SD Bullion sometimes squeezes out better pricing and they are more that decent in terms of reliability, but not nearly to the level (dare I say perfection) of JM.

If it is down to a small difference in premium and even JM being higher price, I'd go with JM hands down over any other dealer.

>>20709033
Why would pslv be less risky, it would seem its smaller and newer maybe more risky. SLV is the gold standard. Get it?

>>20709092
Holy fuck how new are you?

>>20709171
Looks like a junk pile

>>20709342
for me its MM Machine Screws Inc.

>>20709359
Makes me kinda hopeful desu, the entire generation of Zoomers only now discovers how fucked we got 50 years ago. Another generation of based metal holders.

>>20709342
>sometimes multiple times per week

Seek help

>>20709359
1 day. I'm from /diy/. :/

>>20709391
>MM Machine Screws Inc.
Ever buy from SD Bearing Supplies?

>>20709342
JMB has like 20%+ silver round premiums

>>20709429
Having the means. It's all relative.

>>20709223
I'm going to definitely check them out next weekend and see what I can get for 200 (online I just bought 5 oz. for 150). I have a 401k, some stocks I play with when I'm not busy at work, and some crypto. I'm wanting to diversify in literally every way I can but these threads have fascinated me since earlier this year. I may even start liquidating some of my useless shit I have to pump more money into it. I may even be able to just plop down on an ounce or two of gold hopefully.

>>20708707
I'm just quoting Peter Schiff. Go call him the retard, please.

>>20709384
nice oberservation kike,thats why its called junk silver

>>20709464
Perhaps now.

>>20709439
If you want to maintain your ability to talk to others about what's going on in reality stay away from /pmg/ and /pol/. Once you glimpse beyond the veil of lies the entirety of our civilization is built upon, you cannot unknown it.

Your best bet is to stock up on water purification, food, ammunition, THEN spend money on PMs. Keep quiet about it, don't lurk here, and live your life. We haven't even begun the hard times.

so i finally convinced my folks to diverse into PMs. I got them to snag a 100toz of AG physical but they want to just buy ETFs and not deal with the holding. what are the risks here, say in Aberdeen PM basket, of a paper PM run and what would happen to the share holders in such a situation? I know silver is getting run hard and I can thank these threads for going in at 11.99 in March. xo thanks for everything friends

>>20709342
>weekly sometimes multiple times per week
I never understood this. Why do people do this? Why not just once a month with all you can spare? Are you hoping for better prices? It's been a nonstop climb since June.

>>20709506
Seems like bars are generally the best buy, why are rounds so popular?

>>20709521
Thanks, I have a pretty large prep for natural disasters (I live in FL, so we get hurricanes), rioting (ammunition, firearms), nuclear disasters (turkey point is fairly near me), etc. Just trying to get some financial prep also.

>>20709078
I'm not 100% certain because I don't care that much, but based on my understanding:

SLV calls up JP Morgan and wires them some money and JP Morgan credits their account for say 500,000 ounces of silver. When PSLV buys silver they do the same thing with the Royal Canadian Mint except the mint "physically moves" 500,000 ounces into "their storage". JP Morgan isn't obligated to give them 500,000 ounces of silver if they called for it, they own a specific 500,000 ounces of silver that are in the RCM vaults.

>>20709033
Counting bullion bars is one of the easiest audits you can do.
What evidence do you have that iShares is perpetrating a fraud on PwC?

>>20709528
See this pic >>20709329

There are 172 ozt out on paper for every 1ozt physical owned by the exchanges and banks. The paper silver will do you no good in the event of economic hardship. Seeing as how investment in PM is almost exclusively seen by most as a hedge against economic hardship, there is absolutely no sense in getting paper PMs.

If you have a large stack of physical, then go ahead and play around with paper. Relying on it to perform its task of hedging is pants-on-head retarded.

>>20709528
Buy an etf and they can sell it when it goes up 50% boom you were a good son

>>20709653
Would it be smart to diversify and own a bit of both?

>>20709496
Lmao, holy shit

>>20709653
>JP Morgan isn't obligated to give them 500,000 ounces of silver if they called for it

By that I mean the RCM isn't going to run out and buy 500,000 ounces to cover a redemption because they already have 500,000 specific ounces with PSLV's name on it

>>20709653
>JP Morgan isn't obligated to give them 500,000 ounces of silver if they called for it,

Lies

>>20709672
I don't have to have any dumbass, I'm not shorting SLV. I'm saying that by holding JP Morgan liabilities there is an added layer of risk vs having specific silver bars inside the RCM. Based on my understanding JPM treats all the silver as fungible

>>20709577
There are other mechanisms at play on the supply side (fiat). That part may not be immediately obvious, but a key factor.

>>20709598
My best bet as to why rounds are so popular boils down to two things:

>Collectible
>Easy for poor fags to start stacking something

A silver bar (10 oz.) is going for roughly 250 right now, which is about the same as 10 coins, but the premium is what's going to get you in the end, making bars the most cost effective buy

t. PM new fag

>>20709679

More lies

>There are 172 ozt out on paper for every 1ozt phy

>>20709598
Rounds are popular because they're easily recognizable and hard to fake because you can't coat such a thin piece of non precious metal with silver and stamp it to look like the real thing very easily. They are also usually smaller denomination (1oz) compared to bars which are usually at least 5oz. Bars can be melted down and made into rough rounds to be traded but people may not trust them, or if the original bar markings are on you can use it for a bigger purchase

>>20709786
Last I looked at prices you could get a 10oz bar for 260 and select 1 oz coins/rounds for as low as 26.80
Honestly I didn't really see much of a difference and went with the cheapest rounds as they are easily divisible

Thread capped in a few hours, what a time to be a PM Chad. No wonder they're afraid, our little community is fucking up with their plans.

>>20709439
welcome fren

>>20709754
Seething because you got called on your bs

>>20709806
>57 posts by this ID sewing disinfo about PMs and ETFs

I hope you're being paid and aren't just one of those self-righteous retards who believes the trash they spew.

>>20709847
10oz: 263.90
1oz round: $26.19
Silver Ask: $22.90

You're right, I guess it's all a huge premium.

>>20708318
>>20708531
Fellas, how many oz of silver will it take to fund foreskin regeneration technology in the new paradigm, after I've purchased my plantation and harem?

/pmg/ Buy paper assets goyim edition

>>20709885
Thanks fren. I'm so late to the party though :(

>>20710070
Still getting here before 98% of the population.

make a new one pls

>>20709918
The real price of Physical Silver is the price you can get it for. Sounds like an obvious statement, but needs saying once in a while.

Andy Schectman makes this point poingniantly quite often when people ask him about PM premiums for physical.

The question is who's hands do you trust your assets in?

To me, paper is worthless and only as trustworthy as the scammer who issues it. Banks and Governments have a terrible track record. Procure accordingly.

>>20710062
>You can trust me, 30% premiums aren't fucking usurious, i'm totally not a jew even though i'm acting like one

>57 posts by this ID
Why hasn't this tripfag suicided by cop yet? He likes beating his wife enough to get them called on the regular.

>>20710070
>https://kevinsworkbench.com/junksilverguide/
hey 82% of the maeican population owns no silver or gold ,and if i remember corectly only 14 hold silver an 2 gold the rest is both

>>20710136
>buy ETFs that you won't be able to take delivery on, goy
>don't buy physical so that you'll be insulated during the collapse, that's for semites only

Where the fuck do you think you are?

>>20710061
The people in charge of Foregen failing should be lined up against a wall and shot, even they deserve to be drawn and quartered.

>>20710167
OY VEY COOL IT WITH THE ANTISEMITISM

>>20710169
That's higher than I thought. You mean 18% of the population have some gold or silver bars?

So looking at some pre-market stuff, it looks like silver is going to shoot past my memelines. What does that mean?

>>20710242
It means $26 spot end of week.
It means $50 spot end of September.

>>20710262
How possible do you think 100/oz silver is within the next year or so?

>>20710169
>>20710229
Not a chance in hell. Jewelry maybe but not bullion or coinage.

>>20710293
95% probability. Every single fundamental metric, indicator, and chart is bullish AF for silver.

>>20710242
Don't do TA with 5 minute candles, draw your lines based off of 1 hour candles, minimum. That way you aren't getting tricked by a wick.
Furthermore, C&H isn't reliable on short timeframes.
That said, the FA for silver (and gold!) is bullish as fuck.

Posting in a dead thread on pg 9 after hitting the bump limit

I'll wait for the next thread to ask my SLV questions...

>>20710301
>I'm in the 2%
It feels good anons.

>>20709689
>>20709679

thanks anons. yeah i guess the trick is just to liquidate into physical. thanks.

>>20710212
Based. It would be nice to see Justice in my lifetime. If I make it with my silver stack, I'm funding the tech myself.

>>20710350
>SLV
just don't. This has been said a trillion fucking times. Even in this thread.

>>20710062
Someone make this happen

>>20710350
Fresh bread
>>>20710399

New new new
>>20710405

>>20710413
>>20710429
Which one?!

>>20710462
The one with dubs and without a shitty title, obvs

>>20710462
The one with the proper copypasta >>>20710399