/biz/ - Business & Finance

Peter is gay with a small penis

As a holder of physical (40 ASEs and about 40 junk rounds/1oz bars), how much can I expect to sell them for? Should I expect to receive spot if I want to cash out via resale to ApMex, JMbullion, or even a physical dealer shop? Or can I work some sort of premium into my sale of physical?

Indeed it is.

>>20750702
>t. Anthony Pompliano

>>20750758
you shouldn't sell unless you're going to spend the paper money the same day
you have been warned

The Jew of shiny rocks was right

Thnx, just bought 100k silver spoons

>>20750798
the same 4 hours.

>>20750860
yes absolutely

>>20750860
>>20750798
This assumes crypto goes nowhere.

>>20750542
when do I sell?

Gained 20k on my shiny boomer rocks this last week, how you holding up crypto fags?

>>20750930
Sell? who said we're selling?

>>20750702
>all in USD

>>20750950
Extremely well. Check LINK monthly.

t. 85 toz silver, 1/4 toz gold, 900 LINK

>>20750930
Sell for what? Cabbage and bread?

Safest thing to do when you decide to sell is buy a house or buy land. Do not sell it and hold cash. The fiat ponzi is going down.

>>20750950
>>20750993
Didn’t even mean for that to be patronizing. But there is TRUE value in a handful of crypto projects.

give me one good reason i shouldn’t fomo and buy 5oz of silver right now? all signs are green it looks like

>>20750993
>900 LINK

>>20751142
I thought I was fomoing at 22.80

>>20750542
The gains are massive but this also means the financial system is collapsing and we are all doomed.
https://www.youtube.com/watch?v=qPZymccwZm4

>>20750758
At that small an amount I would throw them up on Ebay (make sure you have a 'no refund' policy set and take into account whatever cut they take for selling) and see what you can get. You can probably hit a sweet spot somewhere between spot price and the premium the online retailers are charging.
If you had over 100 ounces I would say it would be better to just sell all at once to JMB but with a stack your size why not see if you can piece them out 1 oz at a time and rake in a higher take?

>>20750889
>This assumes crypto goes nowhere.

>>20751185
Look I’m all about PMs but you can’t post that meme when LINK is outpacing PMs so significantly it’s crazy...

LINK will never replace physically storable wealth like PMs but it’s pretty ridiculous to write it of as just “1s and 0s” with no value. Even if it’s not “inherent” value per se, that doesn’t mean the data backing it’s value won’t follow through to increase price. Throw a small amount in to have skin in the game to incentivize your own research. We’re all gonna make it by one means or another.

>>20751142
Just buy it. The Fed isn’t going to stop printing. 5 oz is like 1/2 day’s work.

>>20751407
I think he was laughing at how small your stack is.
This is biz, almost all of us have held LINK stacks of 5k or more at some point.

>>20751318
eh they’ll fix it

>>20751374
See>>20751407
just my perspective, but seems like the right thing to do when I point bullion holders to LINK. Ultimately boils down to the INHERENT value of data. Cheers.

>>20751054
>This
I'll be trading a few 100oz bars to desperate boomers who need to buy cat food.

>>20751440
Ahhh that’s fair lmfao I misinterpreted. I had about 1250 at my peak and once the folio hit 10K I diversified into AMPL and some other projects. 900 is linklet status unfortunately but hey I’m happy that I’m smart enough to understand it’s value, even if it is later than others.

>>20750950
Pretty good. Today almost did what it took you a decade to accomplish

best idea: don not sell, borrow against it.

>>20751061
I can see Blockchain having value, I'm not convinced its any current project with coins.

>>20750758
should be able to get over spot for ASE easy

>>20751407
LINK will never replace anything because it's a token ponzi scheme.

>>20751534
Saved up over 2k ounces of silver in less than 2 years by saving 50% of my income.
>>20751589
This is a good idea too, however you cannot do that until Silver becomes a monetary metal again. Banks wont take a commodity as collateral.

>>20750930
The big brain answer is to wait for the new paradigm. Even $200 is probably too low. When 1 oz of silver = 1 acre of land, then it's safe to sell.

>>20751355
Yeah this is more or less what I was thinking, thanks for the response. Do you think aims receive EBay buyers without any pre-existing seller reputation? Feel like it’s pretty important with metals. Obviously I would only sell real silver, but there is the burden of doubt.

>>20751756
I've never sold on ebay desu so I can't tell you for sure. I plan on basically holding my bullion until I want to trade it for something.

>>20751589
How can I borrow against my physical silver?
I would do it in a. Heartbeat

>>20751816
Based. Whether it be crypto or bullion, we’re all ultimately betting on USD shortcomings (at the very least) or failure (at the very most [and most probable imo]). Cheers free.

>>20751681
Wowie kee it up little guy. Imagine if you bought link and retired, crazy right? Anyway, keep it up little dude. You rock

>>20750930
at some points after the world economy collapses from hyperinflation, not before

>>20751441
The Wiemar Republic broke but it was fixed quickly

With the assistance of an unemployed Austrian painter with the initials A.H.

>>20751894
I'd rather retire on prudent investing strategy rather than trying to be a small percentage that tries to make it on speculation.

>>20751977

Nazi Germany: a welfare-warfare state, just like modern-day America.

"Hitler suspended the gold standard, embarked on huge public-works programs like autobahns, protected industry from foreign competition, expanded credit, instituted jobs programs, bullied the private sector on prices and production decisions, vastly expanded the military, enforced capital controls, instituted family planning, penalized smoking, brought about national healthcare and unemployment insurance, imposed education standards, and eventually ran huge deficits. The Nazi interventionist program was essential to the regime's rejection of the market economy and its embrace of socialism in one country."

https://mises.org/library/hitlers-economics

>>20752452
What he's not telling you is that whenever he makes a 6000% gain on shitcoin trading, it only amounts to $12, because he's a broke as fuck NEET that throws his extra $60/month of disability money at crypto roulette.

>>20752676

"Hitler’s rearmament program was military Keynesianism on a vast scale. Hermann Goering, Hitler’s economic administrator, poured every available resource into making planes, tanks, and guns. In 1933 German military spending was 750 million Reichsmarks. By 1938 it had risen to 17 billion with 21 percent of GDP taken up by military spending. Government spending all told was 35 percent of Germany’s GDP."

...

Hitler produced military wealth while private citizens starved. Employed on the largest scale ever seen, military Keynesianism created only ruin.

...

Agricultural output rarely surpassed 1913 levels, in spite of 20 years of technological advancement. Demand outstripped supply by 30 percent in basic foodstuffs like pork, fruit, and fats. That meant that for every ten German workers who stood in line to buy meat from the state-owned supply depots, three went home hungry. The same story was retold when it came to cars, clothing, and iron. New houses had to be built with wooden plumbing, because iron was so scarce. Nationalized iron depots couldn’t produce enough for the army, let alone civilians. Clothing was rationed.

https://mises.org/library/starvation-and-military-keynesianism-lessons-nazi-germany

>>20750542
metal fags are so cringe. this old faggot has been shilling this shit since 2008 and just now got into the green. hope you enjoyed those 10% gains cuz that’s as all you’re gonna get kek imagine thinking you’re going to get rich holding shiny boomer rocks

How does one sell silver coins?

I got a dozen star trek collector coins a few years ago and I think it will soon be time to cash out.

Is there any value of having Benjamin Siskos head engraved on the coin or will it just be the ounce rate at which they are sold? Looking at the ounce rate I drastically overpaid and probably wont ever get anything close to my money back

>>20752676
>>20752694
I'll still take fascism over communism. Though I agree that it'll only lead to bad outcomes in the long term. Economically speaking.

>>20751054
imagine unironically thinking the US military would let the dollar fail. I swear you’re all 17 or something

>>20752931
If you want the most bang-for-your-buck with something like Star Trek coins you'd wanna find a Star Trek fan, or maybe a space fan.
Then charge him whatever bullshit markup is typical of those coins

>>20752983
Imagine thinking they have anything to do with it? What are they going to do invade every country and force them to make loans in dollars? Force their citizens to save money in US Treasuries?

When people stop trusting it, that's when it falls.

>>20752983
Imagine not understanding how an on boarding process operates in the event of a FIAT failure kek. Military bases are literally built above unmined gold for a reason.

>have to buy for a 10% premium, have to sell at a 10% cut

Seems like a shitcoin to me.

>>20753484
Yeah, I'm sure the US has strategic reserves of gold but they are certainly not building military bases atop literal gold mines.

>>20753602
I realize it sounds odd, but out west it’s exactly what they’ve done in a few specific areas (right atop shooting ranges). It’s only a minority of bases, but it makes sense doesn’t it — why mine excess gold? Leaving it in the ground allows for greater security because it is harder to access and any govt would want some portion of their wealth completely inaccessible except for mobilization of military, no? These aren’t “gold mines” by any means, but there is 21st century testing that can give a rough estimate of gold concentration relative to area of land, and a few western bases were built on top. Exactly why the US deemed so much western land inaccessible through environmental preservation acts

WE AT $26 you CUNTS. $50 EOW

>>20752911
Imagine thinking PM's are about "getting rich" lmao.
>>20752931
Hold until at the very least $50/oz imo. There's no reason to rush into selling. Also you can sell on ebay, directly to online dealers like JMbullion or APMEX, or even through private buyers like on reddit r/pmsforsale. You have many options. Private sales will almost always net you the best profits.

>>20753120
>kek thats literally what we do but good point

>>20753792
Oh god it's climbing too fast, I can't post new threads fast enough because it won't let me make a thread with a duplicate photo.

>>20750542
Same as a pound of weed in 1960
Coincidence?
I think not

>>20753854
It’s alright man I feel comfy here

STOP THE BOAT

https://youtu.be/o7lilfpZNGc

>>20750542
USD IS COLLAPSING. RUN FOR THE HILLS.

>>20750758
The dollar will be useless in a few weeks. Hold onto it and use to barter when the collapse begins.

actually its 26$ per ounce.

What are you brainlets going to do when it goes 40x and then some?

Just looked, liberties are running about $40 for cc payed. Mint isnt going to be selling to vendors, supply is limited. The price is going to be whatever the market demands. Normies comming in late will happily pay $50 a coin. I feels like I made it.

>>20751061
Which crypto projects in particular?

>>20750542
sorry for laughing at you silver chads

>tfw went all in last September at 19/oz.

Can someone smarter than me please tell me what the bottom of silver is?

>>20750542
but still just. a shiny rock...hmmm

>>20750542
Where do you giys purchase silver without the high premiums?

>>20754974
The lowest I saw it was like 16.4 a couple of years back, I think.

It was a good day bro’s. Sold that option and then bought some more

>>20754984
>Shiny metal, not a rock. Nice public school education.
Silver is the most versatile commodity besides oil. Zoomers have no idea what value is, you will learn.

>>20755201
>Zoomers have no idea what value is, you will learn.
Good thing I have 100oz then, right?

>>20755223
Yea thats good, then why are you mocking and potentially driving others away?

>>20755357
He's a deranged linkie that feels the need to FUD everything he owns

>>20755357
>>20755404
Yeah, I didn't do that.

>>20751426
Historically, 5oz of silver is 50 days wages.

>>20751751
usdebtclock.org says 4000/oz and climbing

>>20750889
>goes nowhere
>been going nowhere
Tell me why crypto is the future and that its not your internet lotto ticket?

>>20755611
Maybe for unskilled labor. Skilled labor made 10-20oz per 50 days. 80-140 Oz annually.

PMs are mooning like shitcoins, what does it mean bros

>>20755808
The start to a new golden era

>>20755808
It means the dollar is tanking, don't think of it as prices going up, fiats are losing purchasing power quickly, and its only the beginning.

>>20755778
Silver bug here and I have half my wealth in crypto. If we continue to have electricity and internet, then we will continue toward blockchain adoption. Some of the protocols around today may prove to be Google or Amazon that made it through the tech bubble bust. LINK is one of them. I think crypto is inevitable as long as we continue along our current tech trajectory. Sure, we could see the dollar collapse and a depression, but the tech will still advance and people will still use it. So I am hedging.

I missed bitcoin under $1 because I thought that the dollar was going to collapse during the last financial crisis. I’m not going to ignore inevitable tech this time around.

>>20755808
Nah we need a x10 day for that.

>>20753000
>Star Trek coins
You lost me. And I checked.

>>20755871
Link is a scam. If you're buying shitcoins and comparing them to either bitcoin or gold, you're wrong.

>>20755808
The dollar is getting dicked on hard.

>>20755993
Sloppy job, Simeon

>>20754922

Do you guys realise there is a lot of silver in the planet?
Its scarce, but 1oz Ag will never buy an acre of land outside sub-Saharan Africa

>>20755993
Also gratuitous
>DR;NS

>>20756118
No there isn't a lot of silver out there, and a lot of it is used in manufacturing.

I'll agree that an ounce of silver for an acre of land is really.. extremely optimistic. However, we don't know how vast the manipulation really is, think about all the fake money across the entire world.

All that we know for sure is that unskilled labor was paid 1-2oz's a month for all of human history, from biblical times, roman times, up to the 1880's.

40 years of long hard labor at 2oz's a month means 970oz's (480 at 1oz) is the sum of ALL that labor. If you have 1k ounces now, that's more than a lifetime of struggle for most. This is why its considered the "making it" stack size, but really its far lower.

>>20755000
Bullionvault.com

>24.30 and falling like a rock

its fucking over.

>>20757111
Ok shlomo bergstein

>>20751318
Lovely.

>>20755871
what coins are you looking at when you say technology? please specify