/biz/ - Business & Finance

I have 0.5oz gold, 2.5oz platinum and 500oz silver.

Will i make it?

>>20732924
First for love anime ..

Daily reminder to not reply to the dude who sits in here all day every day shilling for SLV and other "trust the system, goy. Physical is for suckers, goy." Just ignore him while he replies to new guys asking questions. Instead, respond to the new guys with the real shit.

From the last thread:

This weekend (and just before the jump to 24) I finally started:

>2 SilverTowne Buffalo (presale)
>2 Silver Eagle (presale)
>2 Australian Kangaroo
>2 Philharmonic
>1 brittania

Feels good to finally start, and just keep stacking. Finally found my new hobby, something that's kinda felt missing. These threads have been comfy the last few months, thanks for pushing me to finally get myself into this!

POST STACKS

OP never posts previous thread anymore >>20728066

>>20733019
K

What’s a miner I should add to my portfolio? I already own
>metallic metals
>skeena
>silj
>wall ridge
>avino

>>20733012
Just remember: silver is silver. Government-minted coins only command a higher premium because aging boomers see them as "more legitimate." They don't secure your wealth against inflation any better than rounds or bars.

Great start!

>>20733055
And there's a few more bars behind the row of coins

>>20733019
ATH!

>>20733019

>>20733012
It's definitely a good feeling fren. Hard to find a hobby that is productive and doesn't waste money, but saves it.

>>20733019

>>20733028
I tried, but couldn't post because it made "the comment too long."

FWTDHWATQUD status: quietly resigned

>TFW FOMO'ed $7K into miners and $6K into physical last month

If I learned anything from crypto, it's that FOMO'ing in early is the smartest thing you can do.

>my miners are all green

>>20733090
And this is my digital stack which I will be withdrawing in 15 X 1kg bars once I have accoomulated four more kilos in the pool.

>>20733019
Babby stack no bully

>>20732924
stonks open at t-26 minutes, what's the predictions?

Miners are killing it today +5-10% on everything

>>20733198
>sunshinechad
you're gonna make it, anon

>>20733164
Silver and gold are increasing in price so most miners are able to start mining, sell their ore for a great price and pay their workers with a lot of money leftover.

Any recommendations on individual miners or stick to SILJ?

>>20733267
>>20733164
>>20733139

Im FOMO'ing hard on the miners I've got to get to my financial advisor. Not on GLD or SLV though

>>20733219
Where the fuck do you live?

>>20733275
omae wa mo shinderu

>>20733184
You gonna need some fractionals to trade with person-to-person when the USD hyperinflates.

>>20733198
I like your warrior bars.

MINING STOCKS GOING CRAZY

>>20733322
AH FUCK I FORGOT ABOUT DAYLIGHT SAVING

>>20733275
Based

>>20733019

>>20733019

Just getting in early so that I can repeat this from the last thread.

"GDXJ and SILJ will get delisted due to Force Majuere soon, and the people here who are foolishly buying options on them will lose everything as they should. This video will explain it all to you in detail but only if you watch it, in detail and with active learning

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

You should be doing either one or both or neither of two things,

1) Buying EFTs to hold in your possession i.e. your hands , paws or meathooks, if it's not in your hand at your job you will be canned. Simple as

2) Buying the GOLD and SLV stocks and EFTs on the stock market. This is important!

Chris Marcus interviewed over a hundred people in the anime futa industry for his book "The Big Silver Shorty Pants," and, when he would ask each one how many owners there are for each mercury dime, he never got an answer lower than 500."

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

>>20733275
>

>>20733275
>>20733381
R E F L E C T I V E

A
S

F U C K

>>20733314
nah no reason to get into gld or slv if you have physical just get the juniors. Most juniors on robinhood are still under 10k holders so its hella early. Give it a few weeks until they jump on late to the party as usual

>>20733398

GDXJ and SILJ are mining indexes they will not be delisted this is FUD.

SLV and GLD are the ones that are at risk don't listen to this anon

>>20733090
That's a very impressive stack. How many ounces is it, fren?

>>20733381
This never fails to crack me up

I had to wake up super early to get my funds to clear my account just so I could buy miners.
GREAT fucking decision desu

>>20733390

>>20733422
Yeah that's what I'm saying. Nobody should buy GLD or SLV

I have ~180toz AG but I’m kinda fomoing on gold. Should I pick up an oz today

I just bought another $400 of miners
What levels of comfy am I operating on?

I managed to convince my sister to e transfer me a few thousand dollars yesterday to invest in miners and she ended up doing it and she just made a bunch of money.

>>20729575
Why do we even bother with Solar panels, anyway? I hear they consume more energy in the process of creating them (refining raw materials, assembly, electricity and heat) than they provide, so they can't currently offset the environmental impact of their use.

>>20733492
Gold is at ATH, silver is half ATH...

Hello I am a metals virgin. If I acquire some shekels should I get the air tight containers with them or is that just a meme for them to make more money?
I have a bunch of coins but I just keep them in a ziplock baggie.

>>20733492
For reference I’m a gold stacklet. No bullion just a couple grams in jewelry

>>20733085
Trying to buy as much with a low premium as possible for now, stacking for weight. Later down the line I'll start looking at more collection type stuff like Batboys and whatnot.
>>20733104
That it is. It'll feel even better 20 years from now when I'm looking at real commodities instead of a bunch of useless books and Blu-rays. Thanks again for the push everyone!

any reason why i should but this coin?

>>20733492
I think /pmg/ advocates 1oz of Gold for every 100oz of Silver.

>>20733398
rot in hell fud fag, SILJ and GDXJ are safe GLD and SLV are the ones to stay away from

>>20733398

Oh lookey here someone is going to cry about my "bad "recommendation and here it is up 5% today. Ready to penetrate $30 That's right they and their followers lost money to spite me

>>20733562
>I just keep them in a ziplock baggie
lol same.
I'll probably invest in something more solid when the baggie reaches bursting point, but not before.

>>20733556
Because using someone else's energy inputs to subsidize your own energy independence is based as fuck.

>>20733598
Yeah I’ve heard that before, makes sense. Gold is ath though as other anon pointed out

>>20733497
Lots I dropped a few thousand yesterday before the market opened. I would have dumped a lot more if I had it, it was LITERALLY free money.

>>20733612
Anybody have a .jpg of a wojak with pink wojak bogged face because he's FOMO'ing with his friends who are making it all around him and they are surrounded by green stock arrows and piles of cash and stuff? That's how I feel about miners right now

>>20733588
Looks nice and all, but I'm just skeptical about Au coins in general: why get something with 916.7 fineness when you can just get bar gold with 999.9 fineness?

>>20733561
Gold still has a lot of room though I feel like

>>20733648
buy a safe. not because it's secure or particularly good storage but because there's nothing better than unlocking and opening your safe to see all your goblin riches shimmering in the light

Guys any smaller-cap stocks you recommend? Pls spoon-feed me

Anybody buying copper bullion or is that cat out of the bag too?

>>20733588
Flip it on ebay and say it's warcraft related and trick a chink into buying it for 4k.
she looks like a gender swapped illidan desu

>>20733747
This
>I need to increase my beta

>>20733398

Always report this post when you see it. He has taken this post

>>20710581
And he changed it to this >>20711038

He has swapped the symbols SLV and GLD (which you should not be buying) with SILJ and GDXJ (which you should be buying) and is scamming people into losing their money. He has done this in three threads now. If this person doesn't get banned soon, there is no moderation on this board.

>>20733751
Go to junkyard pick up scrap barebright copper. Bullion copper extremely high premium bad

>>20732955
I sure hope so cuz I'm holding at 150oz silver 1oz plat and .5oz gold

>>20733425
>>20733603
>>20733612

See >>20733769

>>20733730
This. A safe is only as good as the floor it is bolted to. Also, if anyone really wants in they're getting in. Angle grinders are inexpensive and portable these days. That being said, if you can hide the safe (I make mine look like a pile of junk) it adds another layer of protection.

>>20733751
no, buy the miners. copper bullion isnt worth buying

>>20733588
Goddamit I didn’t even know they had those in gold. I want one so much ;_;

Koreans make a beautiful round

>>20733019
lmfao this nigga actually bought some flow

please give us a review on how the nectar of the gods tastes

>>20733680
True enough. I'm no expert on the matter, but I wouldn't imagine gold or silver will stop here. Even if they dip, I don't see things getting better IRL in the foreseeable future:
>full economic impact of shutdowns yet to be seen (airlines, restaurants, mortgages, rent)
>Fed printing like there's no tomorrow
>US tensions with China; Hong Kong financial hub dealing with Chink takeover
As I said, I'm no expert, but this decade is going to be wild: PMs have to go up.

>>20733807
Unless the safe and contents weigh 5000 lbs

>>20733807
I SEE THAT POLYMER UPPER FOREGRIP ON THAT SKS YOU CUT THAT SHIT OUT RIGHT NOW BUBBA

>>20733784
that's what i'm thinking. i have a decent stack mainly consisting of au, ag and alt coins, but looking for some low hanging fruit metals as well.

>>20733678
Can't argue with that, I suppose.

>>20733556
>Why do we even bother with Solar panels, anyway?
Because C02 "is bad" and various government organizations and politicians want to subsidize ridiculous projects to put money in their own pockets while making voters happy.
The entire green energy sector is in a massive bubble. The only green energy that can in any way replace oil is nuclear, but nuclear is somehow more hated than oil.
Personally I believe this entire hydrogen/solar/wind energy debate is created by the oil cartels to detract attention away from nuclear. Hydrogen/solar/wind WILL fail, it's a mathematical inevitability.

What are some good Canadian penny miners?

>>20733844

>>20733903
>>20733844
thanks you just convinced me to buy it

>>20733886
The wooden upper was lost in a tragic accident that I was not a party to, the rest is wood.

>>20733894
AUNFF GPL MUX

>>20733856
I’m definitely in agreement with you, I think we’ll hit $30-35 eoy silver and 3k gold. I think I’ll pull the trigger on one oz AU, only going to go up. Even though buying at ath makes me a little scared lol

>>20733803
> dont buy silver cuz of the bogeyman, Silverman bad, this guy is a meanie tell mommy he bad call the police

Dude you are so butthurt today of all days huge profits today fuck yeah cry more little boy 5 figure profits haha

>>20733725
I agree, my thinking is silver is half ATH and fucked on the historical ratio so it feels like there is more meat on the bone for it. Point being, BUY METAL.

>>20733829
thanks

>>20733807
>he didn’t remove metadata
When do you sleep? Just curious.

>>20733437
He could weigh that shit in POOOUUNNNDS

>>20733019
I ordered a kilo bar of silver today, it's my first one, I can't wait until it arrives.

>>20733893
Indeed. Michael "I'm a fat fucking communist" Moore was torn to shreds over his last film about the Alt Energy industry because it apparently showed them to be charlatans.

>>20733986

You are the scum of the earth, and you will get exactly the punishment you deserve.

>>20733961
What's so good about them?
I already bought MUX earlier today and im up a bit.

>>20733998
wtf are you talking about I dont see any

>>20734041
They're both heavier and smaller than you imagine.

>>20733965
Guess we've got to silence that voice and buy what we can until the prices enter the domain of kings and small countries.

>>20733998
I did scrub the metadata, actually. The only metadata remaining is date and time.

>>20733893
Solar is interesting though, the cost of these cells are coming down exponentially, lead mostly by tesla. I think it's a viable energy source once the battery tech becomes much more efficient the next few years.

This is how you do it kiddos.
March bought 3k worth of slv calls. Couldve bought 214 oz.
Today can buy 480 oz with current market value. Use options to leverage into a larger position.
Winnings into PSLV

>>20734180
I wonder if there's some kind of tipping point at which enough panels become a worthwhile alternative, or if it's purely linear?

>>20733853
Mint cucumber has this refreshing taste
lime ginger has this tea like flavor
regular tastes like regular water
i do feel somewhat hydrated

>>20734144
>>20733998
Isn't it removed automatically?

>>20733998
4chinz removes metadata automatically

>>20734261
Watch NowYouKnow on youtube for some interesting shit about the technological change that is happening in that industry.
Solar is becoming very viable.

>>20734289
I have heard that it is, but I use a metadata stripper just in case.

>>20732924
imagine thinking you can go to any establishment with these after all markets crash and trying to buy stuff or trade them for actual valuable things. Once people realize that these are just shiny rocks they will become worthless

>>20734257
Did I do my calculations wrong? Mine say if you bought at the minimum you would have enough at current SLV price to buy 248 oz at current spot price

>>20734355
>silver and gold have been used as currency up until about 50 years ago when the fiat funnymoney system was impletmented
>thinking people won't just go back to that system once the fiat system collapses

WEW
E
W

>>20734328
Would be a win, I suppose.
Probably very unsightly, though.

>>20734257
>>20734389
Shouldn't be using SLV anyway

>>20734355
Filtered

@20734355
>this retarded talking point
>again
>except it's somehow even more retarded
Impressive.

>>20734414
>fiat system collapses

Basing you life on something that wont happen. Take your retardation back to pole or x

>>20733461
What should they buy?

>>20734389
I didnt give you the strike or the expiry. You cant have done the math. In march they were giving away leaps for pennies on the dollar. I am now deep in the money and effectively control 1500 oz of $SLV. The higher silver goes, the more oz i own. Holding till mid 2021

my mining stocks up 15k between friday and this morning. people finally waking up to gold.

>>20734414
why do people always think the future will lead to the past. the "2017 bullrun"...everyone keeps looking for signs of how it will happen again. Why. this is the most retarded logic. Your rocks are just rocks.

>>20734420
Elon bought or has some solar panel company, complete scam funded by government handouts BUT he was able to make a whole roof of solar panels look nice. His trick was only making a third of the roof actualy solar panels and the rest tiles that blended in. It had a nice aesthetic but I'm way too lazy to find a pic of it.

Is buying copper from a scrap yard a meme?

>>20734491
>Basing you life on something that wont happen.
How can one man be so ignorant of history and current reality?
Do you realize how much money the federal reserve has printed? Do you think the US can be the world reserve currency forever?

>>20734425
SLV is the only one with options. I am aware I am playing with fire. this is a speculative bet and a tiny part of my stock portfolio. I am up 4x on options while silver has only done a 2x

>>20734425
SLV is the gold standard there are more risky and expensive ways to buy silver though if that's your goal to lose money

>>20734519
Metals and rocks are different things, anon.

>>20734491
>>20734519
>history is over, big changes to financial markets won't happen ever again, the fiat system can be pumped into infinity

This is how stupid you sound.

>>20734491
Fiat always collapses always. No one is expecting to trade silver coins for food. They are expecting to trade silver and gold for the new currency and a wildly higher valuation. The biggest wealth transfer in history is coming.

>>20734517
Well done Goldman

t. Silverman

>>20734525
>>20734420
Massive industrial solar farms with advanced batteries are replacing peaker plants, they're going to take over the regular grid eventually.

>>20734529
Zimbabwe isnt the united states you ape in monkey suit

>>20734600
Bullshit. Solar farms cant replace peaker plants since they dont work when its cloudy or at night. Micro nuclear reactors are coming. They are small enough to fit in a semi truck trailer

>>20734656
You missed "with advanced batteries"

>>20734647
You're right. There wasnt massive amounts of zimbabwe dollars held off shore waiting to flood back and chase up asset prices. Its completely different.

>>20734647
My god you people are so fucking dumb. Stay poor.

>>20734564
>Uh uh uh the currency is gonna collapse cuz uh uh uh the currency is gonna collapse

You worry about Voldemort and I will continue getting richer kiddo

>>20734647
It has to become that way if anyone is ever serious about paying off the national debt.
>26T and soaring
Next runner up? Australia. $24M

>>20734656
>Solar farms cant replace peaker plants since they dont work when its cloudy or at night.
That's what the advanced battery technology is for, anon. They already replaced a bunch of peaker plants around the world. It's coming.

I support nuclear too so don't get me wrong.

>>20734590
Fiat never collapse

>>20734692
>>20734701
>>20734706
>>20734590
>>20734564
>>20734559


Please stop responding to him as this >>20732992 post recommends

>>20734656
Solar power is a meme and is basically only relevant in Australia. Yet the country that has invested the most into solar power is fucking GERMANY.

THE SUN DOESN'T FUCKING SHINE IN GERMANY. Yet they wasted millions buying these fucking solar panels that make virtually no difference in energy output.

>>20734740
Fun fact: at its peak, the weimar germany budget deficit was only about 12% of GDP. The united states is at what, 25%?

what are some good australian small cap miners?

>>20734706
ok bro

>>20734701
You should stop bragging about paying 30% premiums on batbois while us real men are getting rich on miners options etfs and fat stacks while you jerk off to mercury dime memes you fatherless eunuch

Yes friends

>>20734706
>I will continue getting richer kiddo
You are rich in everything that is worthless. This will become more and more apparent in several months. currencies collapse. Especially currency based on credit. this system is a den of thieves built with cards. reality takes time and we will see silver explode to the point holding onto it will be unsafe. You were lucky to find this place but to dumb to listen. You will be destroyed financially and only you are to blame.

>>20734779
Fun fact the weimar republic couldn't print greenbacks or gold coins

>>20734795
Austrian economics is the only system that matters

>>20734775
Yes, but you can transport it as amonia.

>>20734819
Stop ruining the thread with your anger.

>>20734819
Most people just buy a single batboi for novelty and meme value but otherwise stack relatively low-premium items

>>20733019
I feel so fucking poor in these threads.

biz needs a way to mute certain kike IDs

>>20734847
>muh currency collapse

That's just cope for you only having 4 ounces of silver

>>20734931
It is becahse you spent all your cash on premium coins.

>>20734931
>six ounces of gold

Nice humblebragging feggot

>>20733556
they produce more energy than is needed in their production in their lifetime
photovoltaic has is best use cases in smallish offgrid applications
its awesome to power a cabin, a trailer, sattelites, boats and so on
for grid energy production solarthermic powered steam turbines are the way to go tho

I ONLY HAVE 5 OUNCES I THOUGHT WE HAD MORE TIME AAAAAAAAAAAAAH I NEED TO BUY MORE STOP THE PUMP AAAAAAAAAAAH

>>20734830
>136.64 toz silver
And how much gold is that, like 4.something toz?
Pretty nice

>>20734931
It’s ok anon. You’ve got more metal then 90% of the population. You’re going to come out on top

>>20734525
>His trick was only making a third of the roof actualy solar panels and the rest tiles that blended in. It had a nice aesthetic but I'm way too lazy to find a pic of it.
The solar panels that musk showed in his presentation weren't even real solar panels. They were just tiles

>>20734931
>muh boomer rocks
>muh shiny metal

>>20734943
> not smart enough to mute ids
>dumb enough to brag about paying 30% premiums

>>20734974
I think you still have a few weeks before PMs get hard to get your hands on in earnest. Just go hard with your next paycheck fren

>>20734931
lol you feel poor? Dude I have a few quarters and dimes... That I got b/c I worked a cash register for 2 years and just bought them out with spare change.

>-1%
>1 day
Press S to shit on grave

>>20734779
>It didn't start with money printing, it started with the huge costs of the bills of war reparations from WWI. This caused the Republic's national debt to move to around 250% of GDP annually. (Right now the US is about 97% of GDP).Mar 30, 2012

>>20735024
Yes.

>>20735073
Fucking christ, tired of the 20 fucking buses and crosswalks I have to click...

>>20733019

>>20735024

>>20734955

actually, britannias and queens beasts had some of the lowest premiums of any sovereign.

>>20734647
Haha, they really did a number on you mutts. Sad to see really, the people of the greatest country in the world reduced to this.

>>20735058
>before PMs get hard to get your hands on

There is more precious metal available every single day what is wrong with you mental patients

>>20735075
S

>>20735127
SHINEY

>>20735142
Yes. Don't listen to him you did good anon

>>20735093
Debt is 26T. We dont have accurate GDP but its probably down around 19T.
>136% of GDP

>>20735127
A-all gold? do want

>>20735075
Ah yes the 1% collapse

>>20735127
my pee-pee is fully erect

>>20735112
Based junk scavenger.

Sometimes I wish I was in America and tripping over old coins, here in riceland I have to pay premiums to import that stuff

>>20735127
BASED

>>20735127

>>20735184
Woohoo! Only halfway to go!

>>20735252
Only time boomers make me happy is when they come to my booth to pay their parking garage fee. THey like to pay in silver certs and old quarters b/c they have nothing fucking left, and then they want to tell me a story about when they were my age. Which would be nice if boomer stories had relevance to a mid 20's guy who's just trying to have any form of wealth in a system that almost prevents it.

>>20735268
Japan owes all their debt to their central bank. They are a creditor nation
The united states is a major debtor nation both in debt and net foreign investment position

>>20734795
Jesus I fucking hate grugman

>>20733019
old pic. theres more now but fuck it

>>20735127
I would cut my dick off for that

>>20735134
Thank you for posting this screen cap every thread, you’re doing gods work

>>20733398
this fucking ESL pajeet idiot doesn't even know that it's ETF not EFT and uses a youtube video as a source for their bullshit. now you tell me who to believe

>>20735393
impressive
what are those large coins? 1kg?

>>20735393
Do you find or buy most of your silver? genuinely curious cause I want to find more than I normally come across.

>>20735388

imagine winning a nobel prize for spewing his dribble.

would be like winning a fields medal for saying 2-2=infinity

>>20735127
T-that’s a lot of gold, anon

Any Australians here? Whats the best place for us Aussies to get some? I want to start building a stack.

>>20735334
I told you to buy precious metals and you scoffed and said something about lawnmowers and booming rocks. The kids today

>>20735491
AAAU

>>20735456
yes 1kg kookaburras from the perth mint. I regret getting them, they are such an awkard size. I recall them being really cheap which is why I got them.

>>20735491
perth mint or just the local bullion dealer. also keep an eye on cash converters for when derros hock """their""" jewellery

>>20735470
I bought all of it but I've been stacking since 2010

>>20735478

>>20735471
>parents know I’m into economics
>for birthday, they get me the MasterClass Econ course
>”taught by Nobel prize winner Paul Krugman”
>watch it and try not to immediately delete
>starts talking about liquidity and debt
I fucking lol’ed

>>20735127
+/- 70oz * $2K
$140,000. Not too shabby.
>>20735335
The fucked up thing is it's 'only' $80K per citizen. I pay half of that each year in taxes already. I remember when it was $40k/per, but if the govt actually wanted to pay it off, they could. But that's not the goal. The goal is to sink the ship and build a new one.

>>20735578
Where do you live big gold stack anon, I’d love to come and hang out :)

>>20735625
parts unknown

>>20735625
seems legit

What coin protector should I get for 15 of these off Amazon? Am I better to stack or store separately? Are all 1oz coins the same size?

>>20735578
Based demoranch, peterschiff, /pmg/ crossover rolled into one.

>>20735568
Now let me ask another question about the buying.
Did you buy them from a commodity/pawn dealer, or did you buy them from some peddler shop for super cheap? IDK what that kind of mall would be call in Canada, guessing where you are from.

>>20735491
I’m pretty sure Australia had silver coins well into the 1960s, maybe you can pick up some of the old stuff for cheap?

>>20734795
Keynesian is peak Boomerism

>>20735676

don't bother with individual coin protectors for rounds, just order enough so that they come in a tube.

>>20735663
Jesus anon
Also I thought that was a fridge kek

what to buy next? i'm leaning towards a harem, so that i can use it to collect silver from you guys.

>>20735699
Also you can buy tubes as well.

>>20735699
I ordered 15, so I think I didn't order enough to get a tube according to another anon. :/ What should I buy to hold them?

>>20735530
absolute unit
probably won't be making any grocery trips with that thing tho

>>20735676
Get 20 and you get a tube. Or don't bother protecting them. It's buffaloshit, the point is that it's the cheapest silver you can buy, and you can sell it with no sentimental attachment.

>gold can go 5k but it's the end of the world if silver goes beyond a hundred.

>meanwhile bitcoin can go to 10k

I will never understand why it's bad for silver to increase dramatically while other assets can.

>>20735756
>Buying cases for spot price silver rounds

>>20735774
exactly

>>20735127
Very nice anon.

Realistically what would happen the fiat currency system failed and had a catastrophic loss of faith, would everyone just automatically go back to PM’s or have people been to accustomed to this system

>>20735774
>>20735821
Doesn't having them in a container help with tarnishing?

>>20735861
Tarnishing don't mean shit nigga!

>>20735756
If they’re not in a tube, my generics are tossed in a sack or a cigar box then chucked in the safe. My nicer “pretty silver” gets cases or flips.
Sometimes if I have shitty extra flip I’m not using I’ll throw generics in there

>>20735855
That's kinda the point of what /pmg/ is all about. We're making it happen. We are the first adopters

>>20734863
It truly is, it actually takes the human element and puts it at the center of economics. All other schools of economics are pseudoscience.

Newb here, why does it matter if they go all shity and scratched? Surely they dont lose value due to that?

>>20735855
You get to see the wonderful results of a multicultural society (spoiler: tribal warfare for resources)

>>20735855
Oh like if there wasn't a government, yeah that's not gonna happen

>>20735893
I should I brought more miners

>>20735739
>dominion
absolutely based anon
always buy more villages

>>20735932
They don't if they have high premium/aren't numismatic. They just look less new/nice. Personal preference for worn or shiny new bullion look

>>20735932
It doesn't matter but these other newbs need a justification for the 30% premium they paid to shlomo the coin dealer

>>20735932
Well it depends. Coins can have either their “material value” (the silver or gold content) or “numismatic value” (the value of it being a coin)
Shitty generics and bullion coins mostly rely on their material value, but nicer coins that rely on numismatic value will lose value if they’re fucked up

>>20735932
They don't matter if the coins aren't high premium/aren't numismatic. They just look less new/nice. Personal preference for worn or shiny new bullion look

/Biz/ is now /PMG/

>>20735932
Any serious damage to a coin without exceptional historical value means it will unconditionally sell only for melt.

But I wouldn’t worry. It s hard to really damage coins without actually trying. A little tarnishing and possibly milk spots over time are counteracted by numismatic premium, plus they’re always worth the metal in them.

Basically your coins will never positively go down in value unless you’re trying.

>>20735855
What will happen is there will be massive hyperinflation of the dollar. Look at Venezuela for an example: an ounce of silver down there could buy you a whole city block, but the government would probably send troops to confiscate it.

>>20735810
maybe people are thinking about the industrial applications, not sure tho
solar panels and EV's use a fair amount of silver so TSLA would probably get fucked if silver went too high

>>20733460
Why do you have brass threepences and copper pennies and half pennies mixed in with your junk?

>>20735875
Why is everyones coins so shiny here? Shouldn't they start to get a little dark after a few years?

Which miners are you holding? I've got a larger position in $MUX and $GORO

>>20736058
If only, this is my only refuge from shitcoin spam

>>20735745

you mean tunnels?

>>20735692
I bought almost all of it from a very well established coin and jewellery shop where I live that I have seen mentioned in biz several times. I bought none of it online and none of it from shady sources. I stopped buying junk silver when I realised i was paying 12% tax.

I bought a tube of 25 yesterday and a 1 gold coin. Paid 16% premium for the silver which is much less than the 30% biz has been saying and I have seen on silvergoldbull.com

>>20736159
Gloves

Hey yall if you bought last week for $18 plus premiums you will soon be even in one more big day. Good luck

>>20736187
Just GDXJ and SILJ. I feel like I need to diversify but I donno.

>>20736216
Cotton or is rubber okay?

>>20736021
>nicer coins that rely on numismatic value will lose value if they’re fucked up

I think the real danger zone is new “collector” stuff, seriously scratch that stuff and literally nobody will want it except for the scrap.

But for stuff decades old and some damage is still okay. Obviously junk that’s messed up or the years and portraits aren’t visible sell for less, but collectors still like them for what they are. I’m better a Franklin half-dollar that’s a little fucked up, but I’m okay with it.

Basically yeah if you want the big bucks for Very Fine you gotta baby your coins. Or you can not worry too much and they’ll still go up in value just not as much. Just don’t literally throw them around, polish them or do any weird shit to them generally.

>>20736080

What will happen is there will be massive super de dooper extreme lots of hyperinflation of the dollar.

>>20736249
Cotton definitely is, I think I heard something about rubber releasing sulfides and tarnishing silver over time. Someone needs to confirm tho

Should I dump literally all of my money into silver? I'm scared my fiat currency will disappear.

>>20736198
We are alchemists. We can turn shitcoiners into goldbugs.

>>20736138
I specifically bought some of the old British coinage just to have.

>>20736296
Yes (if you can afford it)

>>20735810
>>20736127
> "Silver is a core element for the manufacture of solar panels, as it has the highest electrical and thermal conductivity of all metals. As such it is heavily used in solar panels, with around 20g per panel which equates to around 6.1% of the total cost of the price of building each unit."
yup, TSLA and greencucks are eternally BTFO
also, if you want solar panels you should probably buy now and not later

>>20736187
AUY, AG, SILJ, SLV
Yes they’re not all miners, fuck you if you care

>>20736249
Don't worry too much about tarnishing if they're not memecoins desu
If you want just get one or several to fondle and shelve the rest away

>>20736296
SLV. The currency could collapse any second and unless its Paper silver the government can confiscate it.

>>20736338
I do solar, fuck you faggot

>>20736353
I can fondle my dick, just want to store them right because I'll probably just put them in the safe and forget about them until an emergency or something

>>20736353
Best for that purpose is junk silver. Personally I like to keep shiny bullion mostly shiny, so I handle carefully, but fondle the junk, kek.

>>20733310

>$MAG
>$AG
>$AUY

>>20733712
What brokerage do you use that lets you trade outside of market hours? Or did you just open orders that filled during extended hours?

>>20734079
Which other miners are you looking at? I'm anticipating AUY (gold) sharply rising.

>>20736296
Ignore the shill trying to get you into SLV. He comes here every single day at all hours of the day to try to scare new people into very bad decisions. I live with as little fiat as possible, the rest going into things like silver, some stocks, some cryptos, tools, shelf-stable food, etc.

>>20732924
>enhance image
>soigoi smile

268 posts in 1 hour 42 min things are really picking up

>>20736431
Why does he shill SLV, does he work for them or something

>>20736392
Just stick it in the safe with some silica gel then, don't let it touch pvc or rubber and you should be fine

>>20736296
Keep some savings on hand in fiat so you don't end up eating into your stack at a shitty price if an emergency hits

so far I've started a mkonth a go and now have 8oz, is that alright for my first month of stacking? admitidly I did buy 5 of that like an hour ago

>>20736431
Dont listen to this shill he wants you to pay a 30% premium to a coin dealer (himself) dont let him cheat you

>>20736505
It could be worse, there could be another socialism debate

>>20736516
Shitcoin mentality with the endgoal of maximizing profits in fiat, so he doesn't like the premiums

>>20736343
What price did you get in on that call at? $0.04 last week? Well done.

>>20736538
>22 posts by this ID

>>20736516
I shill winners, miners, gld and slv and physical if your premium is less than 5%. Dont listen to memecoiners
>>20735517

>>20733717
For one thing, 24K gold is very soft and easily scratch and damaged. It's not a practical form of gold at all. When gold circulated as currency, the purest was still 22K. 90% gold was fairly common as well. I personally like to handle my gold....and not with gloves. Pic related is what I like. 90% that functioned as actual currency. I'm clinking a stack of them right now and they sound great.

>>20736572
Loaded up on them last week at like .05 a piece desu

>>20736516
Ostensibly this >>20736563, but if you see he posts saying both "fiat will never collapse, so do X" and "fiat will collapse so do X." The sheer numbers of hours he spends in here playing these games makes me think he's a schizo, or someone who desperately needs a hobby. It is also could be paid to do it, but who knows.

>>20736547
Well we are already doing full blown communism in the usa. That's one reason we recommend precious metals in various types and storage formats

>>20736592
Do you think it's ok to handle American Eagles?

>>20735127
its beautiful!

7k In physical
2.5k in miners
WAGMI

>>20736643
For sure desu. I’m gentle with mine but you don’t really need to be

>PM bullrun has started
>retards are still buying pajeet shit coins and getting scammed

Imagine missing out on the easiest x50 because you wanna stare at numbers on a screen instead of holding real money

Do I buy silver now or wait until it dips a bit? I can afford at most 30kg right now but I feel like I should ease into it (a hundred ounces or so) because I've never bought PM before.

>>20736390
>and unless its Paper silver the government can confiscate it.
are you a retard?
paper silver can be conviscated in th eblink of an eye, physical cant without lots and lots of work and dead government agents
>even then burried treasure will remain

>>20736636
Not realizing I'm mocking your currency will collapse fever dream schizopolar fantasy. Scott Adam's was right

>>20735219
1% less wagie monies for hundreds of millions of people in a day is massive

>>20736720
Buy SLV since you are a pedo cartoon aficionado and cant lift more than 20 ounces of silver

>>20736720
Better to buy now and miss a 5% dip, than hold until you FOMO in at $40.

>>20736138
And those other coins with them are also mostly the old Bong money apart from a couple dimes. Two silver thruppences and one six.

>>20736694
I think I scratched mine trying to clean off my fingerprints with my shirt by pressing too hard. It's hardly noticeable, but took some of the joy out of my first 1 oz gold coin AGE. Make sure not to make that mistake. The reason I asked is because I got scared out of handling it barehanded because of that

>>20736709
So true

>>20736720
Ease into it. Buy the 100 oz then maybe wait for a pullback (1 or 2%). Then if you feel comfortable just keep stepping the order size up because it's gonna accelerate fast

>>20736709
imagine not being in both

>>20736296
Your fiat currency will not disappear although it may lose 10% to 15% of its purchasing power over the next year or so and even that's doubtful. You have to understand that the Fed and the other central banks do not want their bullshit paper games to end. A hyperinflation ends the game and will likely discipline them with a specie-backed currency or barter which makes the governments very unhappy.

If the beginnings of a hyperinflation were to appear, the central banks have many levers that they can pull to end it. Whether they will or not is a legitimate question but let's assume they will. The actions the central banks take to arrest a hyperinflation will cause fiat currencies to appreciate in price quite a bit. It's likely in those scenarios that all assets: stocks, real estate, low quality bonds, commodities, and precious metals all go down in price. In that scenario, the best assets to have are cash and government guaranteed bonds.

>>20736709
That picture makes my peepee hard

>>20736798
What is your problem? You sound genuinely mean.

>tfw added to my stack over the weekend
>just reached 500oz silver
>and 5oz gold
>maybe gonna make it after all
feels real good man.

Now I need to get into miners. For some reason the canadian brokerage doesn't have SILJ which is pretty retarded but I was able to hand pick a few juniors myself at least

>>20736726
>buried treasure
the shit is going to hit the fan and I am going to bury my coins and my books and make someone a very rich and well informed man in the future when they dig it up.

>>20736726
Dont be naive kiddo, business will be allowed to own metal just not plebs like you. I'm old enough to remember when it was illegal for private citizens to own gold bullion

>>20736824
>the central banks have many levers that they can pull to end it
Such as?

HOW DO I STORE MY SILVER, I DON'T WANNA GET ROBBED

>>20736842
You've never had male friends have you?

>>20736824
>do not want their bullshit paper games to end
They're past that. They want a secret book of digital ones and zeros.

>>20736842
He's angry people are waking up and buying real money and not his fake paper shell game.

>>20736850
You are lucky there are lots of Canadian miners t

>>20736824
>the central banks have many levers that they can pull to end it [the hyperinflation]

The fed can't magically end a hyperinflationary spiral, are you retarded? They can only print money to benefit themselves and their cartel. That's it. They don't have magical controls except in the propaganda that controls people's minds, but hyperinflation is a more basic signal than anything the Fed chairs can conjure.\

Second, it will not end for them as easily as just being "disciplined" by specie-backed currency/barter. They deserve a much harsher, more cruel and unusual punishment

>>20736875
Raising interest rates sky high, increasing the RRR, selling off its assets (bonds) to pull money out of the system. Those are the most obvious ones I can think of. I'm sure there are more exotic actions the CBs can take to kill inflation if that were the most important thing to them.

>>20736876
Until its value reaches around $10,000 I wouldn’t worry too much. Once it does:

- weighted safe, bolted down, if possible
- multiple locations, at one property or multiple
- burying à la pirate, but beware of it being found

>>20736842
This faggot shits up /pmg/ threads because he's too chickenshit to an hero. He literally has 10% of the comments in this thread, sometimes he hits 25% of all comments. Truly sad DESU but he gets b& when he pushes it too far.

>>20736226
someone shilled SILJ being to focused on american miners, could have political problems
i cant buy silj myself but i was too focused on the americas anyways
brought saracen minerals that he shilled, its australian

>>20736876
keep it in your junk drawer and pray for its safety

Here's your custodian for the GLD lol

>>20736948
Who wants any of their shit when its value is inflating away in a hyperinflationary spiral? Nobody will buy it. They're the only buyer of bonds right now, why would it be any different when bonds are even more unappealing to buy because when they pay out many years of inflation will have gone by? The Fed has no control

>>20736856
silver stackers tend to be major schizos and all stackers combined dont hold all that much compared to the big bois

S-should I?

>>20736966
You are angry that I made huge profits today and you still haven't recovered your premiums

>>20735517

Just added my stack not counting fractional I am at 760oz.

Thanks /pmg/ you have helped me build actual wealth.

>>20736824
>>20736947
they could increase interest rates to 500% like they did in Sweden back in the 90's
but that would mean no more gibsmedats, millions of bankruptcies and total anarchy

>>20736947
There is indeed one hyperinflationary scenario that the Fed and other major central banks cannot arrest and that is one where the world populace repudiates the currency. That is a highly unlikely scenario and I'm not going to enumerate all the things that make it highly unlikely.

You need look no further than the early 1980s and Paul Volcker to get an idea of the kinds of things a central bank can do to kill inflation. The first Volcker rate hikes put a stopper on inflation that was averaging close to double digits yearly and that caused a recession. Two years later, Volcker spiked rates again, knowing that doing so would spike unemployment, just to make sure that the inflation vampire was truly dead. Dual mandate of stable prices and maximum employment? Nope. When the Fed's game is at risk, the employed hoi polloi are thrown under the bus, run over, and then the bus is backed up to run over them again just to be sure.

>>20737004
>the custodian is literally a janitor

>>20736643
Yep. AGEs are 22K so they are more durable. But bullion that is listed as 24K or .999 fine should not.

>>20736876
https://holybooks.com/how-to-hide-anything/
Or get into a kayaking accident and tell everyone about it

>>20737099
Exactly. The fed can't turn on it's heel and go from most dovish policy possible to total economic austerity measures, right when hyperinflation is out of the bag. It's too late by then. No business will survive that after easy money.

>>20737117
The world is a much different place from the 1980s and there are no Paul Volcker's. Even Trump is advocating low interest rates, money printing, welfare checks. The new gold standard proposed board member for the Fed won't change shit either. The Fed won't just give up money printer.

>>20737099
Never heard of this, I'll have to look it up.

>>20737117
The political will doesn't exist to do another Volcker shock today. It would destroy the stock market, destroy pension funds and endowments, basically kill every boomers retirement.

They are going for low interest high inflation in an attempt to outrun the deficit, but they don't live in reality and don't understand how dire a position the actual economy is in right now.

>>20737063
just paid 890 for one of those yesterday. shits getting expensive fast

>>20737029
Hyperinflation doesn't appear in just an instance. There is a very clear process and the warning signs are very clear, clear enough that even the idiots at the Fed recognize them. You can ditch all of your fiat if you want and there is, of course, a chance that you'll be 100% right and avoid losing any purchasing power.

However, if you're wrong and the central banks decide to put the system in "reverse" for a while, you'll be nursing paper losses until they put the system in "forward" again. During that time you've got paper losses, you'd better hope that you don't have big, unexpected expenses because it mean you'll have to sell your assets at a lower price to raise liquidity.

For those actually reading what I'm writing, I'm not saying you should have a lot of your net worth in cash unless you have a very low net worth. In the longer run, cash is a guaranteed loser. However, everybody should have some cash on hand to cover at least a few months' living expenses. If you're better off, you should have enough cash to cover one years' living expenses and a somewhat major emergency (medical problem, car failure, etc.)

>>20737004
(((Bloomberg)))
They give them a fucking paycheck, don't they?

>>20735530
Cant complain on cheap silver mate, I did the same, no regrets.
You can always larp that you have the small hands disease when holding them.
>ps don't mind smol hands plox no bulli

>>20737198
I think we may be heading into a soft reset period of negative interest rates. They will keep rates at zero while allowing official inflation to rise. They have already abandoned the 2% target. In this style of negative interest rates, asset prices will continue to increase while debt balance values will continue to decrease.

>>20737312
I have 20k in cash is that too much, it’s about 40 percent of net worth

>>20737094
Very nice! I love those poured bars.

>>20737373
Thanks anon me as well!

>>20737094
very nice stack mate! keep at it!
Its off to the creeks for me this morning.

>>20737364
>>20737312
I have 0% in cash, but only a 10k poortfio
>amgmi

>>20737373
Checked.

>>20737428
Good luck pan man!

>>20737428
hard work I imagine boot it looks comfy as fuck out in nature like that
have fun anon

>>20737443
>0%
do you have enough to buy food for the rest of the month?
do you have a steady cashflow?
i have a super secure steady cashflow so i only hold some k in cash, but then again its in euro and that seems to hold a bit longer

stacklet looking to make a 1500$ CAD purchase, was thinking a 1kg silver bar and some coins. was also thinking about gold but I heard its not worth it to buy gold unless you can buy it by the OZcause its expensive to make into smaller increments or some shit. does this hold any truth? is it worth it to buy 10g/5g gold bars or should I stick to my fat boi silver bars. Ideally i would get a 10g gold bar and another 10oz silver bar. thoughts?

>>20737198
>The Fed won't just give up money printer.
That's my entire point. If there is a hyperinflation, the printer is essentially taken away. The Fed would print but no one would want the paper unless they just happened to run out of Charmin.

Indeed, the Fed and other CBs must have a populace that *wants* the paper money for them to play their money printing games. To do that, the paper money must have some semblance of credibility. As much as we savers hate the QE and other depreciative actions the CBs take, the world at large still desires the colored pieces of paper issued by the CBs.

Plain and simple: If I offered you $250/hour to do whatever you're skilled at, would you take the $250/hour or would you turn it down (assume that I will only pay in USD)? Multiply that by billions of people and you'll see why there is no hyperinflation. If the day should come that the above hypothetical scenario is rejected by a fairly large percentage of people (let's say 25%), then there is a serious problem and a policy mistake by the CBs could create a hyperinflation. But as I said earlier, there are many warning signs that even the CBs would recognize. Having 25% of the US population rejecting payment in USD would be a very obvious and jarring event. No matter how dovish the Fed or the president, none of them wants to preside over a hyperinflation.

>>20737312
There zero chance they're going to raise interest rates at this point.

>>20737198
>>20737267
from 1940-1990 Sweden was the wealthiest country on earth
in fact - no other country could even come close to our wealth
we had a population of 5-7 million and yet we had a large basket of world leading companies - Ericsson (which was basically Apple + Qualcomm back then), Volvo, SAAB, SFK, Securitas, H&M, IKEA, Skanska, Electrolux, etc.
back then Sweden was also a tax haven - we had the lowest tax rates on the planet

all this extravagant wealth lead to people voting for a massive welfare state so from 1940 to 1990 our tax burden went from 10% to 50%
many Swedes ended up paying more than 100% tax - yes the actually got tax bills that were higher than their income
meanwhile the average Swedish female worker took out 25 sick days per year - men took out 14 per year

this lead to currency speculators realising that Sweden was going down the shitter and that the Swedish currency was massively overvalued - which it was
so in the 1990's the Swedish Krona lost half of its value and was only 'saved' by the massive increase in interest rates and a roll-back of welfare programs

>>20737655
>SFK
>SKF, obviously

>>20737577
Dude, read up on what a "Debt Trap" is. The point is that once the hyperinflation warning signs are blinking, it's too late to do anything.

>>20737655
tax burden as percentage of GDP from 1900 to 2020

Jesus, did a coin dealer fuck this guys wife or what?

>>20737364
No, you're doing fine. $20,000 is maybe 18 months of living expensing if you live somewhere inexpensive and you've evidently got 60% of your net worth in assets that will hopefully protect you from inflation and give you a satisfactory return.

>>20737443
If your job is super stable, I guess $0 cash is doable? You really should start saving some cash, though. A mistake I made in the lead-up to the 2008 crash was that I did not distinguish between saving and investing. I had over 90% of my net worth in equities and even though I avoided all the housing bubble related shit stocks, 2008 was an all assets down scenario so I took a 30% drawdown. Highly unpleasant. My 10% cash was still a six figure quantity, though, but lesson learned. Unless you really know something, it's typically unwise to have close to 0% cash.

>>20737655
Checked. So basically good times led to weak men?

>>20737693
Debt traps can be exited by defaulting on debts and allowing creditors to take a loss. The entire point of QE is to save the stupid asses of stupid creditors. So, no. Hyperinflation is not baked into the cake when a society is highly indebted.

next >>20737764

>>20737428
Is it your own land? I assume you are looking for gold, how much do you find? Looks very comfy btw.

>>20737655
This post is depressing.
Socialism and government intervention is basically a religious cult. It's sad so many people are brainwashed and this information isn't widely distributed.
Free markets make everyone much richer and government destroys this and makes us all poor.
Also people don't understand the negative effect central banks have on our living standards.