/biz/ - Business & Finance

first for can we please talk about PMs and not unrelated shit

first for beautiful ladies and Japanese silver

>>21843775
Does lead count as a precious metal? I think it does.

Redpill me on the comex drama

Tfw you're waiting for link to moon so you can buy more pm

>>21843775
Theres a lot of different personalities and perspectives on /pmg/ and thats what makes it beautiful. If you want a hivemind and hugzone then go back where you came from

>>21843775
Yessir. Post stacks.

>>21843834
this I don't know if it is good or bad for price of silver

>>21843834
people believe that comex is trading more paper than actual metal and the amount of people standing for delivery of silver and gold has been increasing every month.
The possibility exists that more people could stand for metal then comex actually has in its vaults causing them to pay out in dollars instead of silver which would basically destroy the confidence in comex and cause the prices to rise.

>>21843825
It does! The best part is that it can sometimes be found in the remains of rampaging animals trying to burn down our societies. The wonders of nature never cease to amaze!

>>21843825
If it helps you protect your PMs it's just as precious as a PM

>>21843889
OLDSTACK, my NEWSTACK will be posted soon!

>>21843775
Hahahah kek that pic

Yeah I do wish there was more in depth discussion on the financial aspects of gold and silver..

Instead of just posting dimes and anime girls and fighting about politics.

I want a daily report on what's happening with the economy and precious metals world..

The biggest thing I'm afraid of is one day the price will be 1000$s but nobody will be willing to sell for useless paper..

Rich people will be pulling out their piles of cash in a rush and demanding coin dealers sell them all they got.. Etc

>>21843834
A bank run with 3rd world tier printing/fractional reserve banking applied to precious metals which have been manipulated from at least 2011 based on recent actions taken by regulatory agencies.

>>21843844
Selling something parabolic, to buy something that’s up 2% in 10 years. The absolute state

>>21843801
Where the fuck is her nose

>>21843902
So basically like a physical metal bank run..

I read that they are expanding their list of refiners who can make the bars, what do you think this means? Are they gonna buy bars from China to cover their call ins?

>>21843775
a jew made that image

>>21843939
I dont like these pictures :(

Makes me feel so small and inadequate..

I'm waiting for a good time to switch some crypto to silver but I'm scared it will be super expensive or gone by that time

>>21844039
It means that instead of using the big bars they usually use, they'll be scraping together anything and everything that they can get their hands on in order to cover deliveries. Make no mistake, that news is bullish as fuck.

>>21844011
Ch-checked praise kek for we will surely make it and transfer our gains into something stable away from Jewish hands

>>21844016
Its hard to see in the photo because its cute and tiny but its right where it should be.
Here if you look at this photo with the flash on you can see the nose kind of peak out above the gold coin.

>>21843973
We will have a digital dollar In the next 5 years and that’ll literally never happen, you metal cucks think people will be paying their rent in shiney coins, you’re a thousand years late . Gold and silver will appreciate and do okay, stocks, crypto, even real estate will continue to outperform though as bank yields stay low

>>21844039
I think it certainly gives them options. Also the excuse of, "Oops! Perhaps we didn't vet them as well as we could have, but they seemed legit to us!"

Blame transference when the salted bars get discovered down the line.

Selling crypto for metals is literally like jumping off a rocket ship and taking a stage coach fkn spergs

>>21843908
>>21843920
>tfw hopefully soon hasgunz
My father might try disowning me for owning a gun since he's deep deep blue (even though I've been out of the house for years). Would you guys rec. securing a piece first and training or shooting a few times with a rental and buying a few months from now? Literally have never shot before.

>>21844140
Just buy a tok and take it out in the woods and blast away. Youll have way more fun than some shitty rental at some shitty range

>>21844011
pms will never be worthless though it is a very comfy hold

>>21844140
I was in your exact shoes. What I ended up doing was buying a 22lr hand gun to basically learn how to shoot, still in the process, and plan on picking up two more guns shortly.
I just ended up getting it, watching you tube videos till I had a good idea, and then have been going to the range to practice and then trying to adjust. So far its worked ok

Burn, baby, burn!

>>21844101
Noooo I want to see something crazy in my lifetime, I want to witness a world historical event with my own eyes...

I don't think people would allow another fiat currency after experiencing the hyper inflation..

Just look at old images of prices, this is heartbreaking for a young milennial, to see houses used to cost 10,000$ and you could buy a ton of things for your labor.

I don't think a smooth transition could even be possible, orherwise they would of done it back in 2008 or asap

>>21844092
She still creeps me out anon but i'm mirin your literature stack, rate mine

>>21844140
What >>21844195 said if you have the option. If the range is your only choice then do it to it. Get a feel for what sort of gun is most comfortable for you. Stay away from anything made by Remington after 2006, they have abysmal QC issues.

I told another anon in /pmg/ to get a Mossberg 500 or Beneli Nova as a starter shotgun. He went with the former and seems to enjoy it.

>>21844140
That's fucking weird that your dad is anti-gun. My parents escaped communism and they are both pro owning guns. My condolences to your dad being brainwashed by leftist retardation. If you have the time I would try a few guns at a range to see what feels nice, but I wouldn't take too long doing that. Shouldn't take long. What does your dad think of stacking?

>>21844092
Based shelf anon I had that copy of Odyssey when I lived overseas.

>>21844266
Evola is always a based choice. Just make sure you read them.

>>21844140
just dont talk about guns around them, even my ultra conservative father doesnt like discussing them unless its actually in the field. Just keep it low key.

>>21844127
I got some link but almost no real world wealth, it wouldn't be dumb at all to diversify some holdings into a stable physical asset..

Also I've been in crypto for a long time now so I know exactly how it goes. Its great right now but that doesnt mean it will always perform. Ive lived through the 2017/2018 JUSTENNING where everyone lost 80%+ of their crypto value in a few months.

It would of been much smoother if you had a portion in gold / silver.

>>21844266
I am a big evola fan but he is on another shelf. Between that and all the tolkien I love what I see. Meditations is also a great little read.
I have never bothered with reading any of the norse works but if you get a chance look at some of the hindu epics. They both come from the same proto-indoeuropean source religion.
The bhagavad gita, which i have, is a quick read, its just an expert from a lengthy epic, but it encapsulates what they think and is a great way to get a glimpse into the religion.
I also think it serves as a good template for one who wants to try and embody the hero be it by way of action or contemplation.

>>21844386
So it’s smoother in gold that’s up 2% in the last decade and silvers down? Lol, buy some real estate something that generates an income, metals are great if theyre 2-5% of your portfolio, they’re cool to look at but generate nothing same as btc, but btc has so so much more upside.

>>21844386
I will kms if I go through another bear holding shitcoins and they all eventually become shitcoins. This time Ima have a comfy stack of gold and silver.

>>21844444
Checked.

>>21844444
checked, stay comfy fren

>>21844440
>buy some real estate something that generates an income
>during eviction freezes
>and communists burning the cities down talking about killing landlords
>with no end in sight

That's some boomer-tier thinking right there.

>>21844277
>Mossberg 500
That's me.

>>21844140
Buy a 9mm full sized service pistol, watch videos to learn how to handle it, take it to the woods and practice and play with it.

Perfect for home defense and arguably most versatile

If you like it get a .22 rifle like a ruger 10/22 for hunting small game and have fun plinking and learning how it works
After youre more into it, you can buy either a AR/AK or Shotgun.

Once you have these, you've covered the main use cases in which a gun is needed. Then feel free to buy more that you get interested into.


I will soon be off probation and able to own my guns again, gonna celebrate and buy like 3. I purposefully havent browsed /k/ for these years because it makes me sad and salty.

>>21844444
Checked and bentpilled

>>21844444
checked and boomerpilled

you idiots should be taking 30 year mortgages up to your fkn eyeballs if you truly believe inflation is coming hard, not locking up cash in metals(beyond max 5% net worth) with rates this low and debt this high so they’re unable to raise rates it’s literally free money for those who hold them for the full loan.

>>21844444
checked!

>>21843714
Sinon Asuna, you made the op as chads!

IDS HANBBENING!

>>21844444
Checked. Post slivers

>>21844564
Thats one perspective but theres always the possibility they just convert your debt to Fedcoin and you get fucked in the exchange rate.

I personally abhor debt. It makes my skin crawl and keeps me up at night.

>>21844564
I have a debt-averse mindset, which led me into stacking. Not sure if the same goes for the other stackers on this general.

>>21844528
started months ago like it does before every election cycle, real estates a 30 year play, if you don’t understand leverage In this economy more then Ever you’ll never make it

>>21844444
Checked and metal pilled.

>>21844440
Gold isnt really an investment its meant to preserve your wealth.

>>21844444
Yeah I feel you bro, ive gotten way more mature about it nowadays, experiencing that massive pump and then dump changed my thinking, I honestly felt like a fool with my pants down.

No more all in lambo moonboi thinking, I am fine with being more careful

Thanks guys, sounds good. Hopefully getting a lease to review this week finally leaving one of the most tyrannical states... (before they consider enacting an exit or wealth tax)

>>21844195
>take it out in the woods and blast away
I'll have to check out the laws. Probably won't be clear based on the county and density, but it seems like a good time.

>>21844214
>22 handgun
I've got bitchwrists and hope to teach my family, so learning on a 22 i hope would be good enough. Get a bigger one later, and get a 22 rifle after that.

>>21844277
>Stay away from anything made by Remington after 2006, they have abysmal QC issues.
I'll try my best. Screenshotted. No idea what availability will be like. I'm sure I need to process a change of address first.

>>21844281
It's a shame senpai.
>What does your dad think of stacking?
He learned I was piling up metal and he pulled out a small bag of Kennedy halfs and some old dollars. It was pretty neat. I have him 5oz a year ago and he's just left them up in a cabinet. I don't think he knows that over half of my meager worth is in physical, kek

>>21844379
Yeah, no intention. My cousins went to school in the south and of course that means they've gone shooting. I asked them at a family dinner and they got really excited and the whole fucking table freaked out. It wasnt a bad atmosphere, but it was explosive. Very entertaining reactions.

>>21844538
I'll check it out and get what I can. If I can get consistent practice and enough ammo, I'll try to grab a 9mm.

It's started boys. Never held an ounce of gold before. Now I have 2 ounces of Au at 0% APR for 18 months. I got $150 cash back immediately after buying too which canceled out the credit card mark-up.

I got another $10K of 0% APR CC's ready and could easily get another $10K worth. I'm waiting to see what the price action is this week before I buy anymore. I think we could see a dip down to $1,800 or lower before we resume the moon mission.

I plan to hopefully sell off half of the gold near the end of the 0% APR expiry period, assuming it's around $4-5k in 18 months. If it crabs for the next year I'll probably working on paying off the balance.

>>21844444
Witnessed.

>>21844530
Good to see you! I hope you're enjoying it. Don't be afraid to try slapping some after market parts on it like an improved safety. They're easy to work on.

>>21844266
read almost all those books, patrician taste.

If you ever have a short train ride or something, "a discourse on voluntary servitude" is a good read.

>>21844140
Go to a range and tell them you are interested in buying a gun and want to try some out, youll have to pay a range fee and for ammo, but you can try a variety of guns and see what you like.

For a total newbie, if your budget is unde 500$ buy a decent pump shot gun and get good at putting buckshot and slugs on target at 75 yards or less.

500+ get an ar and start at 50, then go up by 25 or 50 yards till you can ring a gong at 300.

>>21844726
You fucking madman holy shit
Godspeed you crazy fuck

The goat folio would be 50/20/20/5/5 income producing Real estate, stocks, crypto, metals, cash to buy a crash, longterm you’ll win. Lots of protection due to income coming in, but yeh by all means don’t use leverage good luck, those who own assets in the future that generate a return as the banks go negative will be the ones in charge, metals will do okay, but for the reason they don’t generate shit, no leverage unless you’re buying paper products which eliminates the purpose, so they’ll underperform Over that 30 year period

>>21844444
you are making the right choice anon.

Digits in PMG are off the charts

>>21844730
Where'd you get the skulls and how many OZ are they?

>>21844699
>I've got bitchwrists and hope to teach my family, so learning on a 22 i hope would be good enough. Get a bigger one later, and get a 22 rifle after that.
I live with my brother and he actually got a ruger 10/22 at the same time. This way we both are able to learn on a hand gun and a rifle and we are both going to be picking up other guns later.
So yeah between the two of us we should end up with 4-6 guns hopefully before the election.

>>21844726
very good choice of coins my friend!

>>21844654
>Not sure if the same goes for the other stackers

Also a believe in physical metal, but only at 5~% of my net worth

>>21844071
Shut the fuck up keynesian.

>>21844726
How do I get 0 APR cards lol? I'm still on my first CC with 18.4 APR with $5k limit. I keep it paid off in full on time

>>21844444
Glorious quints

>>21843714
>Simply, it means that the Fed, which has pegged 2% as a healthy level, will let inflation run higher than that for a while if it has spent a considerable time beneath that level.
https://www.cnbc.com/2020/08/24/powell-set-to-deliver-profoundly-consequential-speech-changing-how-the-fed-views-inflation.html
https://archive.is/ljwJu

>>21844840
Stacklet

>>21844840
Timestamp?

>>21844727
Will do anon! After I pay off this months bills though.

>>21844245
Nice

>>21844429
Thanks man I'll pick it up in my next order, have wanted to read Vedic texts for a while
>>21844730
Comfy train reads, will do

>>21844726
Lol you’re one of those guys who claims debt is a tool but you couldn’t come up with a $1k emergency without thinking of your CC first. You’re going to be way too emotional to hold your gold. I went debt free journey 2 years ago and I’ve accumulated 4x my yearly pay as my net worth.

>>21844653
>I personally abhor debt. It makes my skin crawl and keeps me up at night.
Fucking this, I will finish paying for my house in 5 years or less, I took out a 15 year mortgage 2 years ago with approx a 35% down payment and pay it down as aggressively as I can. The debt that some of my family friends have taken on... I would never be able to sleep

>>21844816
10 oz, and they are from a custom pourer who is most likely out if business now seeing as how they still owe me 21 oz that I paid for.

yeager poured silver still does runs of the same mold from time to time though

>>21844444
checked and based

>>21844254

Getting metals now will pay off down the line when the prices spike, but he's right; we're not going back to gold standards or anything. No one here has a fucking clue what the people at the top have in mind. And with thousands of professionals who specialize in, and have successfully subverted other economies, ours will be no different. Enjoy a good decade of decline before they push us into an even shittier system where the banks and those closest to them get the most money and resources, while the middle class dissolves into destitution, addicted to payouts from the government.

>>21844938

>>21844699
9mm is the most common handgun round its the nato standard, same with 5.56.. Its wise to stick with the most common rounds if your planning for a SHTF scenerio..

There is cool guns with obscure rounds but its more of a collector thing and the ammo is expensive and you would run out fast.
Also you surprisngly don't need a crazy amount of practice, a trick a commanser Friend taught me is to focus your eyes on the spot you want to shoot, and your hands basically subconsciously follow where your eyes are looking, at least for handguns and fighting someone

>>21844996
When you get a chance listen to this lecture
https://www.youtube.com/watch?v=Pf4KlHmpTY4
What its basically about is reading Plato as a religious text which is what the guy argues that philosophy is.
Basically there is a great deal of overlap between the east and the west and his lecture helps a bit with that.
I think in the philosophy you can see parts of the religion that match up with the indian stuff that is not always conveyed when you read like the greek or norse myths.
A shame so much as been done to destroy or hide the original beliefs of the Europeans.

Are gold sovereigns worth it if I like variety or should I just stick to regular fractional gold coins?

>>21845127
Have you been living under a rock? .223 and 9mm are sold out everywhere and getting scalped. Meanwhile you can buy weird fudd rounds at walmart.

>>21845110
Have sex

>>21845146
I love them and plan on getting more as funds permit. They are 22 carat which I think is a plus as it makes them harder and you can play with them without fear of damage.

>>21845110
Hope youre being ironic

>>21844444
digits confirmed

>>21844568
hey pan man, I found those prospectors for you a bit ago, and I just came across some tombstones you may like

https://torontogoldbullion.com/5-oz-silver-scottsdale-tombstone-nugget-bar.html

>>21844266
I've been reading lots of classics over the last 5 years or so and Dumas is my favorite. God tier.

>>21845110
Faggot

Does anyone actually ever sell their silver?

I'm saving for a down payment on a house, so I currently just have an irresponsible amount of cash in a (((savings))) account. I'd rather have a tangible asset until I have property to invest in, but if I'm going to lose on the buy AND the sell I'm not sure it's a great idea.

>>21844781
Thanks for the tip! Any reason not a handgun? Can't really walk around with a rifle or shotgun. Should probably take this to the /k/ sticky/wiki and lurk.

>>21844822
>I live with my brother and he actually got a ruger 10/22 at the same time.
Based

>>21844867
Get it by obtaining for a new card with a 0%promotion. CC underwriting is still loose due to emergency regulations iirc. 18 months is rather long, but you'll definitely be able to find 12 everywhere. I personally like the merryll lynch mastercard with a 3% category of your choice. Also blue cash preferred. Reddit isn't bad for digging up info on ccs too, don't worry about the trifectas unless you're spending a ton.

>>21845001
Debt is a tool! Consider your opportunity costs, because debt may be very hard to come by soon.

>>21845127
>most common
Yeah, that's why I'm considering 9mm and ... 22? 22lr? (The more popular one.) I'll probably be dealing with October availability in all likelihood. Hoping for the best! F U C K

>>21845239
o very interesting ingots! I ll think about these!

Hi.

>>21845303
I sold a small amount at my LCS as basically a test run to see how it works. It was easy and I made a few bucks. The guy said he has not seen many silver krugs so I thought that was an interesting tid bid.
They will never go to zero but there is a chance they could drop in value.
Gold may be a better choice for storing value depending on how much money you have.

>>21845327
yeah go lurk K, hand guns are very good tools, but much harder to use, not as good for hunting as a rifle/shotgun, and dont have as much sopping power. decent ones are still 500+

What’s a good .22 rifle to learn with? I plan farming and living in solitude when FedCoin comes rolling out but also I expect a lot of people moving out of cities and into smaller towns. I’ll definitely need a way to secure myself and my PM

>>21844564
FUCK DENBTS
U
C
K

D
E
N
B
T
S

>>21845303
It’s hedge, makes no sense to sell

>>21845360
well alright then

>>21845303
sold muh silver last bull market, kept some gold.

>>21845376
The ruger 10/22 is affordable and fun. There are also a zillion different accessories and if you really want you can get it an ar chassis if that is your thing.

>>21845303
You'd be an idiot if you saved for a house using PMs. I'm now onto my 4th property, and the bottom line is that you will accrue more money more quickly if you do traditional stocks/bonds in a balanced mutual fund.

PMs play to the fear of the investor, and that's why they only amount to 5-10% of the total investments of professional investors rather than more.

You're not going to lose if you invest in stocks, but be wary of who chooses your investment if you don't do it directly. Good luck.

Are you looking to rent, or to own outright?

>>21845424
this

>>21844444
A renaissance thinking man, based and checked

>>21845127
You can do it with rifles too. Called ready up drills, it helps with muscle memory through repetition
>>21845171
It'll be back eventually
>>21845327
Get a 9mm handgun and .22 rifle. They both have great uses for prepping

>>21845424
>should be taking 30 year mortgages
>literally nowhere good to buy a first home due to potential muni BKs and changing commitments to public services
Maybe if you're already a landowner is the right move
>you will accrue more money more quickly if you do traditional stocks/bonds in a balanced mutual fund.
>credit rating inflation, looming solvency crisis, unbound inflation targets, p/e is out of control, economy and debt insanely dysfunctional
You should really be acutely aware of the latter one. appliances seem to be in short supply. many tenants potentially unable to pay, population pyramid now a tube, tax hikes that you need to pass to tenants, etc. etc.

>>21845424
>You're not going to lose if you invest in stocks
Tell that to the Japanese that have been waiting for the Nikkei to recover for over 30 years already.

It's stupid to deny that the last 10 years have been good for stocks. It's equally stupid to think that past performance indicates future performance.

>>21845418
Thank you definitely want an AR in the future but money is tight rn and I also have little experience shooting rifles

Has anyone ever gotten anything out of coin roll hunting? It feels like a waste of time. Not talking to you copper stackers

>>21845424
Near guaranteed success in the stock market is proof of the disease. Don't chalk up success in the Boomers markets over the past 30 as the norm. It's precisely forcing this norm(because old fags can't cope) why the financial system is such a fucking wreck.

>>21845424
>>21845525
Ah and one of the biggest ones! The student loan infinite money tap for rentals is sputtering and expected to slow. Really don't see how RE is the place to go.

>>21845360

>>21845127
>read Matthew Reilly books growing up
>main character has a pair of Desert Eagles
>watch vids on YouTube
I know the rounds would be quite expensive but I'd really like to have a pair of Desert Eagles one day

Reminder: to buy gold/silver and that Hitler was right.

>>21845525
Obviously Coronachan has affected everything, but I chose my tenants wisely as well as the demand on the location. They've all paid on time, and they plan to do so (only one has been off-work, but due to the CERB they're still paying rent properly). The mortgages of 2 of the 4 are paid off in full, and the third will be done in 2 years unless a disaster happens (i.e Zombie Apocalypse). Property (in terms of geographical location) is highly dependent upon factors such as public transport, demographics, etc. I chose wisely, as I would expect any of you to do. If you buy in a shitty area with diverse demographics, don't be surprised when your values go down. Investing in real estate is not easy, but it's not hard; you have to do your research and be real about demographics...if you are, you'll have decent tenants who pay on time and don't destroy your property. If you believe in the Multi-Kulti experience, then you're in for a world of hurt.

>>21845534
I'm not Japanese. Stocks have been excellent for Canadians and Americans for years; to ignore this is to be stupid (and not only that, I have realized the gains directly in my life).

>>21845574
I understand the concern and skepticism, but the Anon was asking about real-estate. PMs are useless in this regard, and don't return the required growth to jump into the market.

>>21845632
Do any of you own properties? Seriously...it sounds like all you're doing is going by what Reddit says...

>>21845737
Hitler was anti gold and silver so fuck off /pol/fag

>>21844444
FUCK CRYPTO

STACK 4 LIFE

>>21845572
I can't speak for Americans, but as a Canadian who tried somewhere between 2012-2015. You would have to have something worked out with a teller (friend) that would text you when customer rolls came in and she would exchange them to you. Otherwise no, getting the bank rolls will NEVER net you anything. I think they have a machine that will sort it out, a magnet I don't know.

>>21845778
Keep thinking that Jewboy. You probably think the earth is a globe aswell.

>>21845360
this looks like something from a police bust.

>>21845737
>Hitler was right.
for confiscating gold/silver, forcing fiat on his population, devaluing their currency?

Fuck Hitler.
Mises was right.

>>21845816
>You probably think the earth is a globe aswell.
Oh, it's just bait.

>>21845748
Hi there
>23 year old married man with child on the way who's only dream is to own my own house and have a self-sustaining homestead to raise my family
>A few thousand to my name, no where near enough for a downpayment
>All of the fucking shitskins from Toronto are moving to my city raising the property values even higher than they already area
>10 acres of barren-forest with no services/utilities in Northern Ontario is 30,000$

How do I even fucking start man? It's so depressing sometimes to think about

>>21845748
If they ever need mortgage bailouts again(they will) miners will out perform any typical hedge fund perfered stock by a magnitude. Comparing just base PMs to any other financial growth vector when they are Savings AND Money, is just unfair.

>>21845821
It wasn't fiat. The coinage had silver and the dollars were backed by some sort of socialist labor system

>>21845690
>not stacking 18k Deagle brand Deagles

Bro are you even trying?

>>21843884
This. I find myselore educated on the entire market more than most places on /biz/ by coming to these threads unironically.

>>21845889
>>21845821
>>21845737
The anti-Hitler posted is a shill. I'm an American, and I know GLR was right about the Gold Standard. American Nazi Party knew that we must return to the Gold Standard.

>>21845821
Economics 101, whatever the question, Mises was right

>>21845748
>CERB
I think the US market will play out a bit differently. But thanks for sharing genuine advice.
>Do any of you own properties?
I don't, but I'm also in a high cost of living area with no inheritance, no ability to be underwritten pre-2014, and luckily was able to avoid the shit show of 2018 and 2020 in my retirement accounts. If prices returned to sub 7x median wages for a condo in a non target area, I'd be much more receptive to the idea. The cost is simply too high. I'm on the boat with >>21845859 cerb, cares, stim checks were/are all essentially mortgage bailouts.
>all you're doing is going by what Reddit says...
what do they say?

>>21845915
As an Australian that particular avenue of enjoyment was destroyed a few decades ago

>>21845818
Probably but I found it on reddit a while ago so who knows.

>>21845821
>>21845844
>T. JEWS

>>21845847
You need capital to start, and there is no way around that. Ask your family for help; parents, siblings, anyone. No one...NO ONE makes it on their own in this world; we all require help, so ask, and reward back when you can.

You're looking for around 100k to 250k in Toronto for a downpayment to begin, but choose your properties wisely (i.e. look for areas that are in need, always in need, though perhaps not the best in terms of quality).

Be flexible in terms of living in the same building as the units you are renting out. If you had a house with a basement (with bathroom and kitchen) would you rent out the basement and be comfortable with a complete stranger living in there? Stuff like this.

As a 23 year old though, if you don't have the capital, then do what my colleagues did when they got married: save save save. Save until you can do a down-payment on your own home, perhaps north of Markham or in Stouffville. The GO trains run that far north, so the issue is whether or not your company can allow you to work from home a few days of the week. There are options, but honestly, capital is required.

Beyond this, you need to do your research. But this is /pmg/, not /reg/, so I won't take up valuable space that could be better used to describe why COMEX will inevitably default...lol

>>21845859
Sure, but the Anon was asking about real-estate and saving for a downpayment. PMs can't compete with normal stocks and bonds over the short term. That's the problem with PMs...they're only competitive on the long term, and that's if you buy at the right time and sell at the right time. Outside of those limitations, stocks/bonds are better ....as are Rolex watches.

>>21845988
Yes, the US will be different. I didn't get an inheritance either, I had to work my ass off for it, but I am not married yet so I can determine what amount of my savings can go to investments. I lived at home for a few years to, to offset the cost.

>>21846025
HAHAHAHAHA You think the world is flat.
Get a load of this retard.

>>21845821
>for confiscating gold/silver, forcing fiat on his population, devaluing their currency?
You keep bringing up these three points yet the articles you posted never discussed confiscation of gold and silver. The devaluing the currency is also kind of silly when compared to weimar. The many, many bonds issued and forced on the banks is the most damning thing I've read them do. What am I missing here?

>>21845366
How did it go? What was the price compared to spot?

>>21846046
Thanks, useful advice

>>21845955
Based

>>21845953
>The anti-Hitler posted is a shill.
Hitler was a shill.
lmao imagine wanting central banks and authoritarianism forced on you, kill yourself

>>21845889
>The coinage had silver and the dollars were backed by some sort of socialist labor system
LOL What a retarded fucking idea. Why are economic illiterates allowed to exist?
It didn't work like this at all. It was just fiat currency they printed more of and spent it on government projects. There was nothing special about it.
Kill yourself commie.

>>21843973
Join tfmetals. Craig Hemke is providing exactly what you're asking for. It's 15 a month or less for an annual commitment.

>>21846056
>yet the articles you posted never discussed confiscation of gold and silver
Forcing people to use a fiat currency monopoly and preventing them from being able to trade in their currency for gold and silver is essentially confiscation.

>The devaluing the currency is also kind of silly when compared to weimar.
It shouldn't be allowed at all. We need a free market with deflation.
Why are there so many retarded hitlerites on this board? Go back to /pol/ if you hate free markets and gold/silver so much.

>>21845748
>Stocks have been excellent for Canadians and Americans for years

Since January 2011 the TSX Composite is up about 25%. That's 25% in stock "gains" for Canada in nine years. Since January 2011 the CAD has declined 33% against the USD (and other currencies). The loss of value in the Canadian dollar against international markets and even domestic inflation means that the average stock market "gains" for Canada were actually a loss.

Look around the world and you'll see the same story everywhere - the only way anyone has made gains with stocks in the last 10 years is if they invested in the 50 or 100 magic companies (like Apple, Google, Mastercard, etc) that have ACTUALLY grown while everything else has stagnated or dropped. Stock markets around the world have been on life support for a decade. I'm not stupid enough to claim that it's impossible to make money with stocks, but claiming that anyone can just throw their money into stocks and have reasonable success (even with an index fund) is simply not true when the macroeconomic factors don't support it.

>>21846119
That image is truly the type of retardation that is only possible in a centrists head who pretends he is centrists but still plays with the ingrained left wing western values he was brainwashed to believe in. No wonder you faggots lose to communists every time if this is what you believe in.

Cont.

It'll piss off the current generation, but fuck it. It's simple Anons: you want to get rich? Not necessarily quickly, but certainly rich for sure? Invest in real estate. It's the only thing on this planet that increases in value as time goes by (assuming you buy in the right areas and don't get the shit end of the stick in terms of reverse gentrification).

People always need a place to live; so, take out a mortgage and rent out the property. Your tenants pay the mortgage plus extra, and eventually you own your property. Then rinse and repeat.

It's the only way mathematically to get ahead of the system unless you win the lottery. It's the way that lower middle-class people get ahead to upper middle class, and how upper middle class get higher.

PMs are awesome, I have a few hundred ounces myself of silver and gold, and happy for it. But I'm not a fool; I couldn't have afforded those things without assets that make money for me while I sleep. PMs don't do this...but property does. Start small: start maybe with an apartment near a university complex; students are always looking for residence at an affordable rate. You'll have guaranteed tenants, and you can pay off the mortgage reasonably quickly if you have a normal job as well. Then you have a property. Then expand to a second, and do the same, only increase your risk slightly.

Make sure you do your research into the legalities though: have a good property or real-estate lawyer who you trust, so that there is no misunderstanding about what your responsibilities are and what you can hold your tenants accountable for.

There is a lot of inaccurate information floating around, especially now, about what tenants are liable for in terms of their rent, when they need to pay, etc. Know your rights, and the law will enforce your position. Finally, take a fucking risk! If you don't take a risk, you'll never know what was possible.

>>21846168
I'm sorry for even asking.

>>21846200
>That image is truly the type of retardation
Nope, the image just hits close to home. It's hilarious seeing national socialists spewing the same economically illiterate nonsense normal socialists do.
If you weren't racists, you would just be Bernie supporters or outright marxists. I'm not wrong.
>centrists
I'm a right Libertarian so are a lot of people in these threads lmao fuck centrists

>>21843902
Comex doesn't default in this scenario.. the bullion banks do. Honestly there is a story here but it gets mangled by people who don't actually understand it.

>>21846073
I got a dollar fifty over spot and it was nice, no paperwork or anything like that, just cash in hand and some conversion.
You could not sell huge amounts like this but its good to know i can convert coins to cash really easily

>>21843884
Yeah but the threads are good because they are largely on topic and not a retarded shitfest like /pol/

Hmm I wonder what came today?

Dare I break the seal?

>>21844266
Those Costco special classics with the gold leaf edge are so sweet. I buy almost every one I see.

>>21846119
You need some more education. National Socialism was quite different from Communism

>>21846432
Never got a roll with a seal like that before, just tape. Which dealer does that?

>>21846195
Sure, but the Canadian stocks market gains have realized gains for people living in Canada and investing in the market in Canada. If you invested prior to the 2008 crash in Canada, you would have still made an increase in your savings to today, well above normal inflation. In other words, as a generic, mom-and-pop saver, you would have made money and would be able to afford more than you could before, inflation accounted for.

I made my down-payment for my first property (a tiny apartment downtown) through a generic mutual fund. It took me 3 years of saving, but I got it done. I didn't take any risks, I didn't invest in crypto or anything like that because I wanted a guaranteed return when I was ready to invest. It worked, and there was no problem.

But the issue here in /pmg/ is that people assume the worst, or assume the extremes, without taking into account daily life. We can be here speculating about how the world is going to end, and in the meantime days are going by where you could be making money using normal means.

If you want to make money quickly, PMS are the worst way to go. If you want to make money guaranteed (if you do your due diligence), then you invest in real estate. If you want to preserve your wealth against societal collapse (a la Venezuela), then you go PMs so you have something to escape the country with and set up a new life somewhere else.

But if you live in Canada, USA, or Switzerland you have NO need to buy PMs as a hedge against societal collapse. It's that simple actually.

>>21846243
>It'll piss off the current generation, but fuck it.
Well it's not that it pisses us off
It's that some of us don't come from wealthy families. It took my father my entire childhood working as a teacher (which in Canada pays well) and living frugally to pay off his mortgage and back then it was only 235k. You're advising I need 100-250k to buy a property, and if you're expecting my family to shill out the cash for me we're both going to be waiting until they are dead.
I guess some of us in the younger generation just believe in self-sufficiency and being self made. Some of us want to be able to earn our own way like our parents and grandparents did. And thanks to mass immigration and debtors larping as homeowners raising the value of property (if they can get approved, theyll buy it etc), we'll never be able to.

>>21845572
I go through friends/relatives change piles and pull out copper pennies and explain that they're worth $0.017 as a parlor trick.

>>21845847
Where in N Ont?

>>21846544
Anywhere really lol, I mean I remember specifically seeing near Cochrane. I literally couldn't find ANY acreages in Southern Ontario for less than 50-100k and that was for 1-10 acres. My grandfather has 50 acres of farmland that was recently appraised at around 1-million dollars. It's obscene

>>21846486
>National Socialism was quite different from Communism
It's not the same but it's rhetoric and basic tenants are similar. It's just more government control and anti-free market bullshit.
I can't believe I live in a world where people believe in socialism.

>>21846119
>lmao imagine wanting central banks and authoritarianism forced on you, kill yourself
refute George Lincoln Rockwell about the Gold Standard, go ahead.

>>21843973
The most reddit post on /biz/ right now

>>21846544

>>21846532
>Don't worry cucknadians

>>21846605
tell me what he said
If he actually supported the gold standard, he's going against what the majority of national socialists want. Also he still supports central banking, so he can eat shit.

>>21846580
Homesteading ain't a way to make a living, fren. Homesteading is what you do after you make it. And even then, you won't want to produce enough to sustain yourself. You can buy years worth of food for cheap. You'll more than likely want to turn your property into a dirt bike track or get horses or some shit.

>>21846615

Jesus christ that's going to be north of 20% of their GDP.

>>21846524
Apparently some place outta Sydney Australia... Reee I just wanted a normal tube pack nothing fancy

>>21846661
Can't say it doesn't look nice. No way to safely peel it off?

>>21846533
I get it, I really do. I was lucky; while my parents didn't give me the starting capital, they allowed me to live at home while saving and investing (which is essentially just as good as starting capital). I was able to start into the real-estate ladder at 26; I was on the ladder, but I didn't have disposable income for Starbucks, Tim Hortens, or anything else. I gave up 4 years of my 20s in terms of social experiences in order to get on the ladder, and there are people who would remind me that I may have given up 4 years of my prime for...money. But I don't regret it (I'm naturally a loner anyway).

I advice you 100-250k because the average price of a house in Toronto is 750-850K. You don't just want 10% downpayment, you want more than that if you want to get on this kind of ladder; it increases the confidence in the banks to give you the loan, and you pay it off faster, saving you money (in terms of interest). I'm not saying your family should front the entire amount. I'm saying that you have to be willing to ask for help instead of thinking you can 'make it on your own'. That's just not the reality of the world Anon, I'm sorry. No one makes it on their own. We all get favours from someone, we all get help from someone. We all get bailed out by people who care. It's life. The question is, will you 'pay it foward'? (i.e. will you help out those when you are rich)?

Being self-made is a wonderful ideal, but it's unrealistic in the 'current' year. You want a job? It's 'who you know', not what you're capable of. Is that fair? Is that 'making it on your own?' No. It's networking, which is a polite way of saying 'unfair'. We can't 'earn our way' the way our grandparents did because the economic circustances and opportunities are completely different than in their times. It takes longer than 2 months to save up for a car, longer than 2 years to save up for a house. You can't support a wife and kids unless you're a CEO.

>>21846657
Homesteading after you make it would be great, I don't see how that will help me achieve my goal of being able to spend time with my children more though. Nor does it help with the whole "making it" aspect. My reasoning for homesteading is:
>Simple life
>Can spend more time with my children
>I like to outdoors/animals/gardening
>You can live very close to if not completely self-sufficiently and not have to chase $ for the rest of your life

>>21845360

wow

to everything in that pic

well... shine on you crazy diamond

>>21846644
>tell me what he said
>If he actually supported the gold standard
>he still supports central banking
sounds like you don't know anything about National Socialism but you are ranting and raving against it? Why would you spend so much time angry against an ideology you don't even understand? I despise Communism, but I decided to read Das Kapital and The Communist Manifesto so I could at least begin to understand what they think. Why not read Mein Kampf and White Power so you can begin to understand what others think? There is great power in being informed.

>>21846723
>Networking
Eh
I'm really trying to hear you here and I think you make some good points but this is pure cringe. Everyone I know who is all about "Networking" is a useless yuppie consoomer

>>21844122
do you think anyone would want to hold comex futures after that?

>>21846243
>It's the only thing on this planet that increases in value as time goes by (assuming you buy in the right areas and don't get the shit end of the stick in terms of reverse gentrification).


anon... I ... i dont know what to say other then you literally just said its a sure thing, but that it isnt a sure thing.

My family used to own several rental properties, apts, houses, cabins, ect ect.

Sold them all except for the cabins because they are on an aquafier we want to keep water rights to.

why?

Because basically all retail is going to plummet, and being a landlord right now is shit... Im so fucking glad we got out a few years ago...

can you fucking imagine trying to sell right now?

or rent when people dont have to pay rent?

Yes real estate is a good investment, if you choose the right real estate, and the timing is right... same can be said for stocks, gold, tulips, guns and so on.

>>21844444
ooooOOOOOO

>>21846524
That's a Perth Mint seal, must be 25 Roos inside

>>21846533
So, one of the things you need to realise, is that this has been an era where those who save and pay off debts lose. While those who borrow, leverage, and gamble, sometimes win and sometimes lose.

Kiyosaki is the best preacher in this regard because he adamantly explains how our currency is actually debt.

but that era is now ending, we are entering the "everything is fucked" era

Guns/ammo, food/water security, a large and trusted family/group are top investments right now, followed by PM's.

One of my orders just took four hours to move from a post office to a distribution center not a mile away. This surely is the logistical efficiency I paid for with the USPS.

>>21846721
I tried but evidently no. Anyways 25 kangaroos isn't too bad. Now they're sold out.

>>21846844
Nice. Thanks for answering anon.

>>21846858
Thanks for this, I completely agree.
I think we're heading into a new paradigm and I agree guns/ammo, food/water, community and some PM's for bonus

>>21846533
cont.

It's not that I don't sympathize, I do. But you have to recognize that our generation has not been dealt a good hand, no matter how much 'privilege' we have starting out. We have NO CHOICE but to take advantage of the system in order to get ahead, and by my calculations the only way to do so outside of winning the lottery or inventing some digital company that can be bought out for billions is to buy, rent, and own real estate. It's the only investment that always gains, and doesn't have the risks that an independent business has.

Perhaps try this: use one of the online interest calculators that are available for free. Figure out how much you have to save, for how long, at what interest level, in order to accrue 200k. This will give you a target, something to work towards. If you achieve this, by the end of it you can invest in real estate or you can do something different...but the point is that you'll see that it's possible. It won't be possible with PMs...but with a generic mutual fund from your local bank, you have options. The world isn't as impossible as it seems, but to succeed in it requires a significant amount of cutbacks in spending, discipline in saving, and a job that doesn't self-destruct.

>>21846615
Our deficit hasn't ever mattered. That's as important as the US deficit. As I said, we're not Venezuela tier.

>>21846777
Sadly, networking is a reality of the world. It's simple: imagine that you are a business owner. Would you rather:
>hire the person you know
>hire the person you don't

Assuming both have the same qualifications, you'll hire the person you know. That's the basic problem, and it's endemic to the system. There is no 'fairness' in it. It's life. Accept it, use it to your advantage and don't whine about it.

>>21846811
Why would you want to sell property now? Jesus...the whole point is that you own it now so that you don't have to sell it and you can hold it over the uncertainty.

>>21846243
t. mortgage broker or banker

>>21846731
The dream is making enough hobby trading and homesteading to be comfortable.
>Work the land in the mornings
>Trade in the afternoon
>Play with kids in the evening
>Fuck the Wife at night

>>21846895
Sorry anon yeah Perth Mint seal but I got them from a dealer in Sydney. Stacklets assemble!

>>21846763
>sounds like you don't know anything about National Socialism
I do. Everyone does. It's nothing special.
I've debated with you autists on /pol/ for years. You're just keynesian/statist brainlets who have no clue about economics and blame everything on the jews. If this guy claimed to support the gold standard he wasn't a very good national socialist. Every /pol/tard I have talked to supports central banking and fiat currency.

>>21846927
Wouldn't a balanced portfolio between stocks/mutual funds, precious metals, crypto also be a way to get ahead?
My long-long term goal was always living off of dividend investing

>>21846957
Yeah that's the dream

>>21846982
Forgot pic. Up to 27 oz now

>>21847038
nice

>>21846811
cont: I've been clear before about renting: you have to choose your tenants wisely. Depending on the jurisdiction, you can find out their cashflow, their payment records, etc. Then you'll have a general idea of if they will make payments on time (in a normal timeframe) or not. Furthermore, it gives you clues as to what kind of job they have and if that job is 'COVID' proof. I was lucky; all of my tenants save 1 were working throughout Covid (I tend to prefer medical people as tenants who are looking to rent until they can save up for a place of their own), but you can use the strategy for other things (power grid workers, teachers, anyone on the public payroll, etc.). The point is, I'm not having trouble collecting rent because my tenants were FILTERED for this issue. I don't rent to people who have spurious issues of paying rent or a shitty credit history. Gold does NOT come close at all man....I'm sorry, but you simply don't know what you're talking about.

>>21846955
Actually, I'm an academic. I teach for a living, but right now I'm not because of Covid. No one knows what the fuck will happen when they open up universities again. Point is, I'm not going to put my eggs in one basket. I have no wife, no family to worry about right now, so I can control my finances completely. Real estate allows me to have a cushion for the future. It's simple, but you need to ask for help and you need to contract the right people.

>>21847027
Crypto is a loss. Mutual funds already take into account PMS as part of their portfolio anyway, depending on the amount of risk you're willing to take. If you want to live off of your investing, you need to accrue into the hundred-thousands, plus where you live etc. My parents did that: they saved their asses off, put their kids through college, and now they're retired and have no dept and live off of their savings. Can they buy a Ferrari? Nope. But they can pay for personal support workers and an old age home.

>>21846777
Divine trips of truth BTFO real estate retards.

>>21847018
>I know everything about this ideology even though I clearly don't know anything about it and have proved this several times by making claims that I can't substantiate.
I'll give you a piece of advice, read White Power, you may find that you're surprised by how smart GLR was, he was way ahead of the curve on realizing how poorly leaving the Gold Standard was. I know you probably won't, because it will break the conditioning you so desperately want to keep, but I sincerely hope you do.

>>21844444
Checked, put me in the screencap

>>21844266
I have been trying to take a book shelf photo for you guys, but I can't fit even half my books in a singular photo in a way its still legible.

>>21847038
I see those kangaroos, nice taste. Get some Krugs and American Eagles and diversify a bit. Stacklet here as well, just keep on accumulating lad!

>>21847027
cont.
All without investing into PMs, mind you. They invested in balanced portfolios, like average Anons.

If you run the numbers, stocks will always outperform PMs. So the real question for any of you investors here is simple:

>do you expect the USD to collapse and be replaced by a PM backed currency?

If the answer is YES, then buy as much PMs as you can (ideally 95% gold, 5% silver, with the silver in denominations suitable for bartering).

If the answer is NO, then keep it as 5-10% of your portfolio, but no more. PMs are not a source of making money. They do terribly over the long term, they are unreliable over the short term, and nearly every other investment unit available will outperform PMs AND inflation.

Rolex watches outperform gold and silver. That should make you think a little differently (actually, Rolex minus the Cellini collection, which no one desires.)

>>21847152
Oh god please cap my digits anons bless kek
>>21847080
Actually prefer the kookaburras over the roos. Love that high relief design.
>>21847167
Thanks anon, I have some German women on the way and some leafs.

>>21847038
>>21846880
i just bought 100 of these bad boys for $3300... kinda a rip off but theyre nice

>>21847175
>stocks will always outperform PMs.
There's literally no basis for this claim.

>>21847175
Maloney has a few videos that show a portoflio with 35% gold would have outperformed all 60/40 ones since 2010, and that includes being heavier or lighter than 35% gold

>>21847211
Is that USD? Got them for about 45AUD each including shipping which is still a rip haha

>>21846927
No one in this generation has a clue what positive interests rates are mate, you might think you were dealt a shit hand but at least you could save without being destroyed by inflation, with actual wage growth and not being completely priced out of the housing market due to governments pandering to home owners. I'm hoping this remote working thing becomes the norm so I can live out in the bush somewhere away from it all.

I just calculated to have my own weight in silver I need 3200oz. I currently have 11oz

>>21845360
do you actually fuck the dolls? or are they more for companionship at this point

>>21845143
Evola awakened in me an awareness of the divergent nature of protoindo-european traditions and the convergent nature of human traditions accross the globe. His comparative religious scholarship is outstanding and it's a shame he doesn't get more recognition for it in contemporary academia
>>21846880
I've grown to hate roos, they all milk spot without fail almost instantly and just have a unpleasant prickly feeling in the hand. I'm stacking krugs and eagles for bullion coin from now on

>>21847306
never give up bud keep going!

>>21847095
>Actually, I'm an academic
kys parasitic scum

>>21847221
mAlOnEy says . look golds up 2% in the last decade, silvers down, compare that to the Dow or spx

>>21847325
You need to get all of his books. Im trying to hunt them all down in the original Italian. Not as easy as I expected.

>>21847175
Any rationale behind 95% gold and 5% silver? I'm currently only stacking silver as I couldn't afford 1oz or more of gold currently and find fractional gold to be frankly unappealing and sketchy. It's so small I feel like I'd misplace it or lose it lol Plus who would want 5g of gold

>>21847219
My properties, my investments, are proof. Along with the study from 2011 which showed that Gold gained 1.1% over 250 years of holding, compared with literally everything else gaining more. Read, for fuck's sake.

>>21847221
That's fine, but you're not thinking the normal investment ranges for Anons.

Think about it this way. Did any of you sell your gold and silver in February, before the March drop? If you did, you would have 'made' money, and allowed yourself to buy at the dip in the middle/end of March. If you didn't, you lost an opportunity.

If you bought property, you could have done the same thing, but the difference is that property can be lived in, gold cannot. Property and gold can be sold, but only property can be lived in. Gold has no use at all in this regard.

There's a fundamental misunderstanding on this board about precisely why someone like Buffett was so much against investing in hard PMs. It's not about whether or not the average person views PMS as valuable enough to buy, it's what the PMs can provide over time. They don't provide anything, whereas farms and land provide their value and more over time. It's a simple equation.

>>21847290
As I said before, I have been fortunate, and I absolutely recognize the shit hand that generations under me have been dealt. But what can they do? Do we sit here and complain about a shit hand, or do we analyze the hand, analyze the rules by which the hand was dealt, and figure out ways to circumvent the rules or use the rules to our own advantage to better our position? C'mon man, it's about survival. If I were to simply say to myself, "I'll get a job", I'd never achieve the same standard of living as my parents. It's financially impossible. I have to work my ass off in other opportunities and sacrifice in order to come close, and that's because not only have the job opportunities changed for me, but the society has changed for everyone to the point that the cost of living is higher

>>21846927
REASONS TO SELL:
because I still can
because its over valued
because collecting rent right now would be hell
because property taxes are going up like crazy
because people destroy the property and are not accountable
because property is a liability and a depreciating asset.


It was nice to make more then what we paid in mortages, and nice to see the property go up up UP!

but that time is past anon, not sure what you dont seem to realize.

Those properties are already worth less then what we sold them for, and the bubble has yet to burst.

Whoever is landlord now, cannot collect rent, but still has to pay.

There are no sure bets in investing.

>>21846800
Yeah, they'd exchange them for real. They bought themselves time to find real.

>>21847382
Well obviously banks and countries are gonna stack more gold rather then need ~100x as much space to store the silver, so I’d expect gold to outperform over the long haul (except for silver being higher beta it will have times where it runs better/goes into its own bubble )

/pmg/ is dead. can't even post about shiny rocks these days without some academic landlord boomerist parasite telling me to save a dying system

>>21847366
I look out further than one decade. The last decade doesn't include 2008, which is not a negligible event. Look at it from 2000, or even before the tech bubble.

>>21847141
>read White Power
No, refute my points, tell me what this man believed and how he was somehow magically different from the countless other national socialist brainlets out there.

>I know you probably won't
I have a life you retard. If you aren't able to convey this guy's arguments here then I'm not going to bother debating with you.

>>21847247
usd

>>21847306
lose some weight anon....

>>21847175
also post your stack.. you come across as an older fellow with no family who go in while the getting was good.

>>21847465
The fact that so many shills constantly shit up the thread are a sign that we're doing something right

>>21847384
PM's are the ultimate hedge against registered assets. The amount of PM's I have is an unknown, to everyone in my life, the government, my wife etc. I can move them, sell them exchange them without anyones knowledge of its effects on my holdings. It is the ultimate storage of wealth that preserves the privacy of wealth. A home cannot do that. Each asset has its place, but PM's do something nothing else can, and that is something people here tend to ignore.

>>21847412
>Yeah, they'd exchange them for real. They bought themselves time to find real.
and then what happens in october?

>>21847347
No. I will not. My purpose has been to preserve knowledge for all of mankind, and I take pleasure in this. The wisdom of older people is worthy, as is my own knowledge. Do something productive with your life Anon; you can do it, just find something that you can teach others. You'd be surprised how people will value your knowledge and experience over their own if you can back it up with data and results.

>>21847382
The rationale has been difficult to find myself, but I came to it nonetheless due to several factors:

1) Silver won't moon to a 20:1 or lower ratio as silver enthusiasts will fantasize over. Bottom line is that silver was historically over-valued compared to today, so a return to the 15:1 ratio is impossible. That combined with the fact that silver is no longer tied directly to gold means this is a certainty. If silver drops below 70:1 ratio, then JP Morgan is bankrupt.

The reason for gold at 95% is that is always performs better as a holder of wealth than silver. It's far less volatile (in terms of price and desirability), it doesn't get milk spots, it's easier to store, etc. For me right now, my PM holdings are totally in gold, I have no physical silver anymore because there was no point. It wasn't gaining, and it was taking up space.

Look, I don't want to be offensive. Silver is beautiful, and a lovely way to begin stacking. But gold is the actual target, the actual end for what you want. You stack silver in hopes to eventually trade it into gold, not the other way around. So if that's the case, just buy gold. Save until you can get at least 1 ounce (less than an ounce is useless), and if you can save more at the right % of your total portfolio, go for bars (which have a lower premium). It seems unreachable...but if you are diligent and don't waste money, you'd be surprised how possible it actually is.

>>21847384
what the fuck anon... that can be said about any asset or investment you have 20/20 hindsight on.

No shit... and we all missed out on 200$ telsa, and 20$ bitcoin too, and?????

Gold does not cost me taxes, if the price of gold plummets, I still own the gold, property that falls below what I paid for it results in a very bad situation.

outside of a homestead, farm, or industrial property, real estate is a risky investment right now.

>>21847534
Replace pms with bitcoin and you’re onto something

>>21844127
If the economy crashes then people are gonna crash Bitcoin before the price of metal

>>21847567
>what the fuck anon... that can be said about any asset or investment you have 20/20 hindsight on.
didn't you read, he's an Academic

>>21847549
Thanks pal
Out of curiosity, do you see the Jackson Hole meeting pushing PM prices up or down? I'm sorta feeling they will go down based on more QE that would be announced but that's just my worthless opinion

>>21847366
>IBM is up -3% in the last 20 years
>Gold is up 610% over the same period
Fag

>>21847465
Fren, I'm 70% in shinees. Shills can suck a D.

>>21847584
We saw that during rona gold and especially silver shit the bed hard, I remember seeing silver at 11 an oz, so that’s not true

>>21847549
>My purpose has been to preserve knowledge for all of mankind, and I take pleasure in this.

holy fuck... you are either larping or sincerely believe this... the latter is just sad and very egotistical... hubris at its finest.

post stack if you want any one to believe anything you say

>>21847476
These are his words. While your parents and grandparents (and sadly mine as well) were just letting their money be debased and stolen from them, he was fighting to preserve our money. But it's not really worth the time if you won't even read a short book to save yourself from ignorance. sometimes we have to go to the source to find true knowledge, listening to someone on /pol/ try to explain complex ideological concepts maybe isn't the best way to try to figure out what people actually believe 50+ years ago. anyways, hope you actually read it.

Is there any good in owning collector coins? I see them going at one ounce but the prices for them are outrageous.

I see a lot of shills here to derail the thread by bringing up topics scarcely related to precious metals. Ignore and filter them, don't let them derail the thread, if you respond to them, you're just as much of a problem as they are.

>>21847575
They both do that. It is why I have both. But the exist in separate realms, one the digital, the other the physical. They are two sides of the same coin, and they have to be in balance for my purposes. I think of wealth as a strategic objective to be achieved, without spreading my forces too thin in any one direction. Some investments need to have dividends, others do not. Some have to cash flow others do not. Some need large volume and easy liquidity, others do not. Its all about balancing these things together. I get the sense that often people who are maximalists about any one thing in particular do not have a sufficient amount of wealth to be truly diversified, so they congregate in once location. Thats not a bad thing, its often the catalyst for expanding what you have into having enough to reallocate into several things.

>>21847631
he probably was the hall monitor during ... his entire education

>>21847384
And what I'm telling you is that it doesn't matter. I'm not about to kms or anything stupid like that, but you're advocating for people to get into two areas of investment that are incredibly speculative right now, stocks and property. Open your eyes mate, the stock market is a house of cards completely reliant on the Fed and disconnected from reality, and the housing market is completely dependent on debt, inflation and fud.

You are fortunate in that you got into both markets at a good time when you had capital, but don't waltz in here telling us to pick ourselves up by our bootstraps or some rubbish and expect it to go down well. You think other people don't work their arses off? You think we don't save or invest? You think everyone but you is a lazy bugger because you were able to game the system? You offer no solutions and you can ride outta here on the high horse you rode in on.

>>21847384
>Buffett was so much against investing in hard PMs
And yet he changed his mind. I have full confidence that my overall wealth will increase higher from PMs and Miners I'm the next 2 years, then taking out a mortgage on your average house will. Then, I can buy a bigger house, with more land, and bussinesses too. Meanwhile the seething masses of homeless and poor will absolutely vote to FUCK over any and all landlords. Happened in California. You're stuck paying a wealth tax for the next 10 years even if you sell your house and move. Your tenants will seize the means of shelter, and maybe you'll realize why betting on a rigged game the same tired old way isn't a good idea.

Wtf is going with the price of silver. I thought it would reach 30$ by now. Sitting around 24today.

>>21847741
24? What chart are you reading fren

>>21847396
REASONS TO HOLD:
>Because I can
>Because it'll increase in value despite temporary dips
>Because collecting rent is easy if you research your tenants BEFORE renting to them.
>Because property taxes always increase the same way that the sun always rises.
>Because my tenants are good people who don't shit where they eat.
>Because property IN GOOD AREAS NEAR PUBLIC TRANSPORT are appreciating assets.

It's like you've never done this before Anon.

>>21847465
Actually, it's all because some shithead decided to post on /pol/ a few weeks ago that this whole thing started. I don't know if they were stealing pics or not from you guys, but a lot of pics I see here definitely ended up there. So, either one of you guys is trying to recruit fresh meat to buy PMs, or someone is impersonating you over there. I personally love the old /pmg/, where it was people posting stacks, and PanMan would drop in every evening to regale us with the latest anecdote about someone chopping off their fingers accidentally after stepping on a beehive.

>>21847497
No, I haven't taken a pic of it in years. It's in a safety deposit box, and that's where it'll stay.

>>21847534
I understand and agree. But unless you expect the govt to confiscate your assets...well, the point is moot. I don't see that happening in my lifetime Anon. So I'd rather have my money do something for me.

>>21847567
If property falls below you still own the property. Your reasoning is faulty. The only issue is when you choose to sell. C'mon man, it's the same as PMs only that PMs don't do anything for you whereas a house is a house, an apartment an apartment. Are you daft?

>>21847603
No idea to be honest. QE is going to continue until the economy gives the 'impression' of recovering, but I don't see this happening until 2022 at the earliest. Then it'll be thrown for a loop in 2025 when the EU collapses.

>>21847756

Take your meds schizo

>>21847741
Remember to say thank you!

>>21847723
the fed can’t raise rates cause there’s too much debt now, that easy money is going to inflate asset prices unfortunately the next 10 years in stocks and asset prices in general will make the last 10 years look like a warmup. Yes gold will get some of it, What’s to come will melt many and price the next generation completely out of the asset game. Then 10 years from now the same discussion will be “I’ve missed the boat, it’s too risky now” bla bla, the writings on the wall, read it

>>21843714
kek that pic

>>21847756
>If property falls below you still own the property. Your reasoning is faulty.
how does it feel to be a living proof that education doesn't increase your IQ?

>>21847756
I'm glad that retards like you exist, its thanks to the useful idiots like you that the housing bubble has grown this big. Have fun defending your land from the communists hordes.

>>21847631
I like your posts, always have. No one has to believe what I say; all I ask is that they think for themselves and not get swayed by fear.

>>21847723
Did I ever state that people here don't work hard? Did I ever say that it's not a struggle, or not a hard thing to get ahead in the world? Do not attribute characteristics to me that are false; it doesn't become you. I have offered several solutions in fact; it is up to you whether or not it's worth looking into for yourself.

>The stock market is a house of cards
Absolutely. And the governments of the US and Canada and UK and China will prop up this house at all cost. Does anything change? Nope.

>The housing market is completely dependent on debt, inflation, and fud.
Yup. And will this ever change? Nope. Will people need places to live? Yup.

Just accept reality Anon, embrace it. If you do, you'll learn how to take advantage of it for yourself and win. Stop being bitter about the inequities and unfairnesses of the world. Make the world FAIR in your favour; I assure you it's possible. It's not easy, but it's possible.

>>21847727
He invested in a single miner, and he did this because he believes in the long-term strategy of the business. Don't be dishonest.

>>21847773
It can be difficult to recognize the truth when everyone around you is crazy...

>>21847785
>the next 10 years in stocks and asset prices in general will make the last 10 years look like a warmup
>the writings on the wall, read it
Imagine belonging in /smg/. 80% of companies become fucking Uber. I will stay away, even to my own detriment. I will never choose to own shares of a company that literally makes no revenue and has no potential to ever make revenue. It's pure speculative risk dependent on the next highest bidder with soft backing from the government. I'll move to another country, but not before protesting like they did in France and HK.

>>21847898
>>The stock market is a house of cards
>Absolutely. And the governments of the US and Canada and UK and China will prop up this house at all cost. Does anything change? Nope.
>>The housing market is completely dependent on debt, inflation, and fud.
>Yup. And will this ever change? Nope. Will people need places to live? Yup.
Dude, you're so fucked

>>21847756
You have to have productive assets, but to have everything you own be a cash flowing asset is silly. I don't rent out my home while living in the basement. My personal home is an asset and doest cash flow. My belongings don't either. My car is horrible from an investment consideration. The goal is to have enough working assets that the assets that don't "work" don't need to. They just exist as insurance, as things I want, as whatever really. I don't want folks to obsess over everything they do resulting in creating a cash flow. There has to be a balance, and it's different for everyone but hedging risk and constantly calculating that risk is the only way you can ever really win.

>>21847898
You're one of the finest examples of Poe's Law I've ever come across anon, congrats.

Can we get some Art Deco influenced coins itt? They get me hot.

>>21847384
I need a source on the 1.1% mate. If you had bought some gold in 1970 and had sold it now you would have made +5000% gains. Secondly how can you save money in a bank account if we have both inflation AND negative interest rates? I mean I get it, there used a way to save money in the past by putting it in a bank, but that is not now and will not be in the near future due to brrrrrrr.
>inb4 but buy a home anon
I already am I home owner in a city and I am renting it out. I expect in the year future that the prices of houses will drop significantly, due to people leaving the cities by: 1. Rioting and crime due to economic uncertainty. 2. Remote working, removing the demand to own houses in cities. 3. Rising property taxes, due to brrrr (hey it has to be paid somewhere)

>>21847873
In what way am I wrong? I own two of my 4 properties outright...that doesn't change if the value of the property decreases.

>>21847875
I don't need to. In Canada, communists don't exist except in small groups in Saskatchewan and Alberta. Since it's mainly farming community, we don't have the problems people in the US have in areas like Portland, Seattle, or now Wisconson.

>>21847928
No. It's actually simple. The USD is the reserve fiat of the world. It CAN NOT collapse. If it did, the world would disintegrate financially and socially, and every government will work to prevent it. So that's the first concern taken care of (i.e. USD collapses and is replaced by PM backed currency). The housing market where I am is dominated by Chinese taking their wealth out of China and investing it in safe-havens. So, I'm taking advantage of that. If the property value decreases, it doesn't matter because I will still own the property, which means that I can keep it for long term and sell later on. Win.

I find it odd that none of you are providing reasons why real-estate is a loss. You're only parroting liberal propaganda...which is surprising for a board like this.

>>21847966
I agree, there has to be a balance. For people like me, the balance I want requires a very high standard of living, which requires a significant gain in capital from 'not enough'. So, I work my ass off now, make sure every investment is cash flow, and back off in a decade or so.

It's simple; by my calculations, I should be able to either keep my properties and rent them in a decade from now, or sell them off and live off of the interest that will accrue from a moderate-risk mutual fund. But at that point, I'll be older, and I'll have other interests in life, and quite frankly the hustle of running properties will be an annoyance more than anything. I look forward to the freedom that my hard work will bring.

If you could stop working by the age of 45, would you?

>>21847898
that wall of text doesn't look like a stack anon.

hubris can only end one way

>>21847756
anon... how the fuck are people out of work due to rona going to pay rent? more 30% of the people of working age in my country are on welfare or EI right now... these are formerly well to do people who I would have happily rented too, who now have no job and will not have one for a long time.
I know multiple older professionals who are about to lose their homes because of it... and multiple people who have gone broke even doing exactly what you describe in good times with property because something went wrong with the house that was beyond anyone's control (ground shift, foundation crack, and termites to name a few)

I made good money off property, any time before the last two years I would agree with you, but things have changed, drastically, and they will continue to change even more so.

unless you are taking out a long to buy PM"s its totally different then a home you take a mortgage out on. Property is a liability that can generate cash flow, I would normally recommend the hell out of it up until a couple years ago.

Do you not realize that shit is never going back to normal yet?

No wonder you have no family and are alone, that mix of arrogance and naivete is a huge turn off.
***dear rest of thread, have a good night, expecting more crabbing this week with less violence then last as everything is waiting on more news***

Unlike you I actually post my stack, and if you have ALL of your gold in a deposit box, you are pretty dumb. What if the bank closes due to disaster? Like, I don’t know rioting, civil war? Another lockdown?

>>21848082
actually, ou are absolutely right. why don't you go right ahead and bake /rtmg/ - real estate & mortgage general

>>21848082
>I find it odd that none of you are providing reasons why real-estate is a loss
I'm pretty sure I mentioned it before, you're going to get squeezed between two cheeks - government and the people. Gov will tax you to hell. People will not be able to afford increased rent as wages continue to stagnate. You're literally caught in the middle of this and are going to get the short end of the stick. By the time you want to liquidate, your only buyers will be international, assuming they still exist.

>>21848140
/remg/* my bad

>>21847643
>While your parents and grandparents (and sadly mine as well) were just letting their money be debased and stolen from them, he was fighting to preserve our money.
Who gives a shit? He was a nazi lol
I already told you that his views and the views of actual national socialists differ extremely, as actual national socialists like the ones on /pol/ worship central banking and statism.
This guy does too, he just claims to support a gold standard. He most likely supports countless other economic interventions which make us poorer.

>hope you actually read it.
I hate authoritarians and clueless hypocrites like yourself, so no.

>>21848149
It already happening in New York, renters all fleeing the cities in droves. This boomber is out of touch

Question:

At what point are you no longer a stacklet? Considering 99% of people absolutely no PMs, I think the bar shouldnt be anything ridiculous like 1000 oz. silver or whatever

>>21847875
>its thanks to the useful idiots like you that the housing bubble has grown this big
It's not his fault, it's the fault of central banking and government.
He benefits from it though.

>>21848202
>boomerism is noones fault
yeah and zoomers are the ones not taking responsibility

>>21848082
Im 26 and I don't work a day more than I want to. I have everything I need already taken care of, sources of income that don't require a boss, or excess time commitments. Im working on getting ready for the energy cliff, wether it happens soon or when I am a grandfather. My future family is all I concern myself with now in terms of long term goals.

>>21844654
>I have a debt-averse mindset, which led me into stacking. Not sure if the same goes for the other stackers on this general.

Not all stackers.

>>21844564
>you idiots should be taking 30 year mortgages up to your fkn eyeballs if you truly believe inflation is coming hard

Based.

>>21848038
I dont think its art deco technically but heres a French gold coin my gf invested in and gave to me to hold.

She said she liked it because “the girl on the front is pretty”

>>21848067
1.1 comes from the 2011 study
https://www.nber.org/papers/w18759

Regarding the bank account; just use a fucking mutual fund...every bank offers different kinds, with usually 2-5% returns depending on the performance of the market. Even that isn't horrible compared with inflation.

>due to people leaving the cities; rioting and crime, etc.

People need places to live Anon. The issue is simple: Is your property in a valued area (near public transport like subways or train stations), is it in an area that has a good demographic (i.e. no crime), and is it ripe for development or even getting bought out in the future by developers? If not, then you should be looking to either get out of it or consider investing in a better property.

Real estate is not universally amazing: as I've said numerous times (so often in fact that I assume you Anons don't bother to read it anymore): DO YOUR RESEARCH!!! Jesus...

>>21848116
I like your posts too Anon...a shame we had to meet this way.

My tenants, aside from one, are still working and have been since Corona started because I prefer tenants who are in medical fields (it assures financial liquidity and usually means that these people don't fuck around with property and are not dirty). The one who isn't working is a teacher, but they'll start in September (hopefully), but they have a good pension and shit, so they're paying on time too. I understand that this is not the norm...but I DON'T ALLOW NORMAL TENANTS. You have to be smart with all of this, you can't just let any shithead rent out your place.

I get that there are people suffering around the world, and many people out of jobs. But the bottom line is that we can complain about all the things that cannot be done or we can identify the problems and go the easier route that doesn't bring the problems to us.

I have been exceedingly lucky, but I've also done my research, and I know several legal partners who are in the same position as me.

>>21848175
>Who gives a shit? He was a nazi lol
I spoon fed you the truth, it seems you don't want it.
>as actual national socialists like the ones on /pol/
you trust shills on /pol/ over the founder and leader of the National Socialist Party in America? You seem to be desperate to not learn anything, so I'll make sure not to bother trying to teach you anything.

>>21848264
Nice a 20 Francs coin, I was thinking of picking of these up later or the 2020 Sovreig. What year is this one?

>>21848188
He's not just out of touch, he's completely ignoring that taxes are going to go up. Exponentially if his property value increases. People need places to live, but once the landlords all pass athose taxes onto the renter, the renters will eventually stop showing up. Now you're either housing 8 people in a 2 bedroom or stuck footing the tax bill until some foreigner decides to shelter some money in real estate. The best thing he's said is to obtain long term debt at a good rate. It's not a bad idea. The rest has devolved into
drivel because he fails to consider adverse macro pressures and has no stack.
If you don't hold it...

>>21848116
cont.
Vetting tenants is the key: you have to vet them for financial security, job security, reliability, etc., but there are sectors of the workforce where things like cleanliness and reliability go hand in hand. It's not hard to figure out, but you have to figure it out. Some landlords don't give a shit who they rent to, or they rent to the first one that comes along because they don't have a choice financially. That's something I could give advice for to anyone thinking about this: YOU HAVE TO BE ABLE TO COVER THE RENT AS IF YOU OWNED THE PLACE before you rent it out. You have to have the freedom to have a potential client come in and tell them NO. If you can't, then you'll be in shitsville if you decide to start renting out properties.

Things have changed, I agree, and they will continue to change. But tell me this anon, as an example:

>Property is near a major hospital, within walking distance.
>Property is near a major transport hub, within walking distance.

In what world does this property devalue? Furthermore, you won't get low income housing situations here, so the social demographics of the area will not degrade. This is a winning combination, and a fool would pass it up.

Shit will never go back to normal? Shit is already going back to normal because the people who run the banks WANT IT TO. That's why PMs will never come back.

>No wonder you have no family, etc.
It's a nice try, but my standard of living will afford me the ability to single-handedly take care of a family when and if I choose. For the vast majority, this isn't the case.

>>21848300
>I spoon fed you the truth
No you didn't. You just posted a quote from the guy. A quote that didn't prove anything either way. How is this guy a nazi anyway if he disagrees with hitler and the nazi leadership on economics?
Also there is nothing saying he's against central banking, just that he wants to go back to the gold standard in some form or another. He's just another interventionist, anti-free market shithead.

>you trust shills on /pol/ over the founder and leader of the National Socialist Party in America?
lmao if the vast majority of national socialists support central banking and authoritarianism then that's literally what national socialism is

Quit being a dishonest retard. I'm glad you genocidal freaks lost in ww2.

>>21847898
You own a miner company, you own their claim. Both the physical asset, and means of production, hence why Miners beat paper markets. But if you want honnesty then I'll give it.

The Market has cycles. These cycles can be broken down into days, weeks, months, years, really it operates in a very similar fashion that our climate does, with its own seasons and weather affecting what grows, and what dies.

Well, similar to how forest fires are now up in numbers, not just to macro environment changes, but because wildland firefighters have been too quick and keen to snuff out any little flare up, our financial ecosystem is FILLED with OLD, DRY, DEAD, GARBAGE. Creation of the Federal Reserve and going off the Gold standard was bad enough, but back in 2008, they once again circumvented natural law, and bailed out a bunch of toxic housing mortgages that should have crashed into the fucking ground, rebalancing at least SOME of a already lopsided system.

Now, Jerome Powell, the Fed notes, EVERYTHING they've been saying for the past 2 months has been: WE-WANT-HIGHER-INFLATION. They've been very, very clear about it. Said they weren't even thinking about raising rates till 2023, then in their notes raised that to 2024. BUT INVESTORS STIL DON'T GET IT. They think they are gonna pull a "gott'cha" moment out of their hat. WHY? The Feds entire purpose was to smooth and balance markets out, not act like bi-polar chimpanzees throwing shit.

So we've got the geological surveys, satellite weather reports, CO2 samples from the glaciers, YET you're telling us to invest in (literal) dead trees because they MIGHT* not burn down this year when a lightning storm is on the horizon.

It doesn't even have to BE the anticipated ICE AGE of Fiat currency /PMG/ yearns for. This could very well be just a harsher, colder, winter that happens like clockwork every 8-12 years. In which case, YOU WILL MAKE MORE MONEY OFF PMs AND PM STOCKS THEN THE AVERAGE OF ANY OTHER ASSET. That's the truth.

>>21848202
Exactly the central banks create an irresistible bubble that the useful idiots buy into so that once it finally pops they can create the change they want. See Princes of the Yen.
You can play this game like Robert Kiyosaki has but even he knows that game is coming to an end.

>>21848264
Mmmm that’s sexy.

>>21848324
Those are stunning too.

>/pmg/ - real estate & mortgage general

What does being a Landlord have to do with PMs? If you're going to discuss property, go make a separate thread for that.

STOP I WANT MY OLD PMG BACK

>>21848324
Thanks, it really is a lovely coin. Its a 1911.

Whats even better is its worth more than 100 bucks more than what we paid for it now since we bought it last year. I regret not buying more.

>go to costco
>see 3lbs of honey
>$10
>buy the last sealed case
>case of 50
>$500

I now posses 150lbs of Kirkland Signature Southwest Raw Unfiltered Honey. Am I going to make it? Any bee bros here?

>>21848256
Im not sold one way or the other on Deflation vs Inflation. The pressure and mechanisms for both are in play. Its just a question of which one wins, since its a binary choice on a long enough timeline. Seeing as most fiat currencies end in inflation, I think we will get there eventually, but not so soon that I am comfortable taking out loans/mortgages I really shouldn't be taking out if we don't get hyperinflation within the next 12 months. Im just not smart enough to make predictions that accurate when it comes to timing.

>>21848474
good buy. sealed honey in stabile temperature lasts literally forever
it will be a luxury good soon. good for bartering

>>21848140
You are cattivo....lol

>>21848149
The international buyers exist for Canada because they're fleeing other nations where things are collapsing but capital is still available. China is the current leader here, and since they're not interested in changing their monetary policy, we'll be looking at investments here for the next 15 years at least, according to my sources. I'm not worried.

>>21848188
Yes, because New York is a democratic shithole where some idiot decided it was a good idea to defund the police. Actually, New York would be a good investment opportunity, but we have to wait until the prices drop for this to happen.

>>21848202
Correct, I do benefit from the policies of the govt and central banking. YOU CAN TOO for fuck's sake. But it takes hard work and a shit-tonne of capital to start on the bottom rung of the ladder.

>>21848252
That's a worthy goal and one I respect Anon. I wish you the best of luck with your direction. If you have sources of passive income, and are happy with the work that you do, and your standard of living is as high as you want it to be and you can provide for your family, then you've 'won' the game of life. I'm still working towards that goal, so I envy you.

>>21848349
Have you ever known taxes to go down? NO? Then you understand that this kind of situation requires you to get in as early as you can. Foreigners already shelter their money in real estate, that's normal. What I do is provide access to real estate that the middle-classes here can afford, and there's is an ever-growing number of people in this category. Think of a husband and wife, 1 child, both working and the kid at daycare. They can barely afford a house, but they could afford to live temporarily in one of mine and save up for one of their own. I'm not greedy, but I am picky about my tenants. It's a win for me, and a win for them. They can't afford a downpayment for a house just yet, but they're getting there.

>>21848474
>Didn't pair it with some crates of beenz and deenz
NGMI

>>21848265
My property is in the center and 20 minutes walking from the central station, by your standards it is a top location, but if their is no demand due too: no jobs, crime and in my opinion the biggest gamechanger of all: remote working, what is the point of living in the city? Offices in New York our empty now, remote working will be the new norm (it comfy I know). No commute, no traffic, just roll out of bed and start the computer. Oh it is five already? Let spend time with the family in a big garden in a rural area with worrying about some rioter ruining the party. How about that?

>>21848427
True.
Peter Schiff is going on his show, it's going to be kino.

>>21844880
You know, this and the "We are Everywhere - Expect Us" rounds make me want there to be some kind of actual Anonymous round we could get made. I see some plated Anon coins, but no actual bullion. You guys think we could meme one into existence?

>>21848474
honey is liquid gold

>>21848409
the Uranium boom combined with the destruction of oil companies and soaring oil prices will make PM's look like a kindergarten finger painting in comparison. Energy is the economy, and only uranium has a future. EROI on oil is collapsing

>>21848474

Why did you buy 150lbs of honey? For what purpose.

THIS IS PRECIOUS METALS GENERAL, NOT REAL ESTATE GENERAL!!!

>>21848474
COMFY>>21848526

>>21848611
imagine sitting on a hidden cache of 150 lbs of honey when the rug was pulled in venezuela/zimbabwe/south africa/lebanon (on top of a PM stack)

>>21848598
No actually liquid gold is liquid gold and it takes very high temperatures to create it. Honey is honey.

>>21848649
I regret not getting my costco membership renewed this year.

>>21848427
Female form Instigator with raw strength to pin down and pillage my faithful squire for nuggets hidden deep inside her caverns

>>21848526
It's the recurring tax on assessed value, retard. Deficits don't pay themselves. You continue to fail at recognizing that the markets are broadly running up against their limits with regard to revenues and valuations against wages. Inelastic demand my ass. This scenario is the real argument for PM. It's almost all super fucked.

Almost all cities are democratic/liberal/leftist shitholes, this is the same for the US as it is for Europe. Amsterdam now has now similar problems as New York, but don’t believe my word hear it from the people themselves:

https://youtu.be/taLpzpWtaJw

>>21848571
I've been looking forward to that episode.
I think one of the best thinks Maloney talks about is the idea of wealth cycles and the benefits of switching between different asset classes. I think Kiyosaki understands this which is why he is moving his wealth to PMs. One day PMs will be overvalued like housing, but today isn't that day.

>>21848603
I'm also actually bullish on oil and uranium too. But back 4 years ago when Gold began its bullrun, Miners continued into what would be a total 7 year bear run.

The gains PM miners will experience from this rubber band effect will be as life changing for some as early Crypto investments were. I truely believe that.

>>21847325
This is my first experience with them and I have to agree. Nevermind they were a good price and add to my stack.
>>21847481
Decent anyways. Doubt anyone is getting good deals anyone
>>21847516
If the state doesn't want me to have it that makes me want it more.
>>21847575
Might cash out into gold after this bull actually. BTC to 100k or higher and I'm done

>>21847325
This is my first experience with them and I have to agree. Nevermind they were a good price and add to my stack.
>>21847481
Decent anyways. Doubt anyone is getting good deals anyone
>>21847516
If the state doesn't want me to have it that makes me want it more.
>>21847575
Might cash out into gold after this bull actually. BTC to 100k or higher and I'm done

>>21848612
/pmg/ - Property Markets General

What's the problem?

>>21848564
Then you got shorted by Covid. But it's temporary, think about it. What happens when the kids go back to school? When remote working has to change back to the former ways? The majority will have to go back to the way things were; it's only a few that will be able to stay remotely (bank managers mostly). Everyone from teachers to restauranters to carpenters to lawyers to you-name-it will have to begin commuting again. But New York is a specific situation which is exasperated by the black-lives-matter and defund-police situation which is plaguing democratic cities in the US. That's an extra wild-card which fortunately I don't live in nor do I take into consideration. Solve the social problems, and your money problems vanish. Depending on the location, I'd be looking to invest in New York real-estate if the time was right. Not now....but soon wouldn't be a bad idea if people are selling low.

When crime and shit diminishes (and it will in a city like that), the property value rises yet again to astronomical levels. You can't lose, unless you sell in the short term. Real estate, like PMs, is a long-game.

>p.s. Your krugerrands are lovely Anon.

>>21848688
Remember however that the vast majority of rich people in Canada and the US happen to be landowners. They have the same concerns as I do, but on a much larger scale. They will do everything in their power to make sure they can continue to take advantage of people too poor to get on the ladder. As someone a few rungs up, I benefit from this single-mindedness.

You guys need a new thread. Then we can start to talk about PMs again instead of real estate. I'm tired.

>>21848747
>As someone a few rungs up, I benefit from this single-mindedness.
You need to apply this to yourself. Who is directly above you? What have they been doing lately? What is the cost?

>>21848721
>>21848725
uhm

>>21848786
i hope you get raped by a pack of feral niggers

>>21848786
fuck you too

>>21848474
Very good anon, I also stack honey myself be sure to store it in glass/earthware containers. Plastics leak al sorts of nasty shit in food in the long run.

>>21848790
In short?
>Above me is a man who I know as a colleague and who taught me the ins and outs. He owns over 4000 properties worldwide, including several apartment buildings as well as business properties linked with major sporting and entertainment companies. While sports and entertainment has taken severe hits in Covid, these people still need their properties to function, so he hasn't had problems. As for his tenants, he doesn't filter anymore; he has people in his company that do so for him. He's teaching me what I need to know for specific areas (I'm looking into administrational/medical/science/research/ for land rather than sports/entertainment), as well as the legal requirements to get involved. I won't make nearly as much money as him, but I'll be okay in my retirement. I don't know precisely how much money he's dealing with, but it must be within the range of 120-150 million USD at least, given the properties he manages in Florida, California, and Dubai.

Does that comfort you?

>>21848839
I don't live in Paris Anon.

>>21848852
Why? I support what you guys do.

Is anyone going to bake the next thread, or do I need to do it?

>>21848942
Whoever bakes it, make sure it clearly says it's PRECIOUS METALS GENERAL and not Real Estate General or Race Theory General.

>>21847306
Well looks like you either gotta lose some weight or gain some metal, fat boy.

>>21848992
Don't forget,

>/pmg/ = PROPERTY MANAGING GENERAL

>>21849002
Why not both?

>Perth mint are still out of stock on mint and cast

ive convinced my parents to buy 100k worth with their super. I think they'll only be able to buy the 1kg coins though.

>>21848919
>politicians
>landlords
>cattle
you covered another landlord. since RE and debt sit right in the middle of our macro argument, I assumed you'd have some insight, but all you've provided is a bunch of info for crappy micro firm theory with retarded assumptions. I could have asked any boomer for this shit. I guess I'm just disappointed.

>>21849051
Where are ya based anon? I could probably recommend some locals for you

Will the current social unrest in America effect the precious metals markets?

>>21849085
Sorry Anon, I wish I had insight. I'm just a humble land-owner, trying to make my way through life like everyone else. What precisely did you want to know?

>>21849130
Yes as it will affect the housing market and stock market

>>21849130
It'll probably affect some of our orders depending on how much looting goes on.

>>21849169
The stock market seems to love it

>>21849136
MMF are currently negative for the euro, don’t know if it will change in the near future. So there goes your savings, so if I understand correctly the 1.1% is compared to the housing market? But Housing was and it is riskier than gold due to the before mentioned reasons (taxes, riots etc.)

>>21849130
no, sovereign debt and inflation are the big ones.

>>21849136
Nothing in specific. Confirmation on supply chain disruptions or supply issues, specifically appliances or labor shortages in the realm of contractors, especially if it was with relation to CERB. It might have a good set of implications for real inflation, especially from the point of view of MMT where PQ = MV. Prime rate expectations in the landlord community, as well as predicted rates of property tax increases. potential for inflation in valuations or increases in vacant property fees. Additionally info regarding the chinese investmnet. According to Louis Rossman, NYC is still seeing buyers, but I'm not really sure if this can be confirmed. Given the Gold reserves fraud, floods, and pending famine (Trump bragged about agriculture exports to China, probably why), i'm sure this is something closesly watched. Assuming you or anyone in here is genuinely involved in RE, i hope there's a tip in this post. from someone on the outside, it seems, again, turbo fucked.

>>21849224
Well you asked for effects so technically I wasn’t wrong

>>21849262
Got it, that's a little more than I can provide. Remember that CERB was intended to keep liquidity in the market, under the guise of 'saving the general population'. Since the majority of CERB recipients so far have spent it, then it is a success (i.e. only a small % have saved any of it, and a smaller % than that have invested into things like PMs or real estate). I can't speak to the expectations of the 'landlord community'; I'm a single landlord, and not high enough on the rungs to affect change or be involved in the thinking behind policy. NYC will still see buyers the way that Toronto is, that's guaranteed (and confirmed by my colleague who is still seeing demand).

Perhaps consider it this way. The people I know who run large real estate conglomerates want things to stay the way they were before Covid; that's where they made their money. They don't care WHO pays...they just care that their bottom line is the same. Given that many of the bigwigs are involved in government both in Canada and the US, this means that policy will follow this trend of 'getting back to normal'.

For a guy like me with only 4 properties (3 in one city, 1 in another), nothing changes. But for the big guys...well, they decide precisely what changes, and I ride the wave no matter what. Does that make sense?

>>21849262
Yeah, I'm 85% sure this is the same troll who's been shitting up threads for months now, just with a new coat of paint. Or, just maybe, he's actually who he claims to be and really is as much of a scumbag parasite as he sounds.

>>21849409
let's ask
>>21849404
hey nigger how often do you beat your S.O?

>>21849404
>make sense
yeah. Its a hope for a nugget senpai. Literally one anon said "rental car market is fucked up" and i put two and two together for all the temp plates i saw around me. It's the city kids buying vehicles because they moved to the suburbs. Any of these minor details really, really help put the picture together. any of this stuff that you're intimately involved in (even the day to day) is usually helpful.

>>21849443
It depends on how often her son talks back to me. :)

Fresh bread from the bakery >>21849435

>>21849262
Not that real estate shill but family works in it. Appliances are getting harder to source due to supply chain issues from China, it is still a sellers market and prices are going up in my area, but the only people buying are foreigners. Government wants to implement higher property tax to cover all their dwindling revenue.

>>21844726
>buying real money on margin
We are outsmarting the jew

>>21849495
>but the only people buying are foreigners.
jfc holy shit.
>they take our toilet paper
>they take our appliances
god dammit

AAAAAHHHH
WTF IS GOING ON???
YOU GUYS SAID SILVER ONLY GOES UP!
IM FINANCIALLY RUINED!!!!!
REEEEEEEEEEEEEEE!!!!!

>>21845360
Literally why stackers have a poor reputation

>>21849604
You should read about that Epstein guy. Bad egg.

>>21849521
I don't want to shit up the new bread with real estate so ill just let you know that the lower interest rates are making people bid up the prices of houses even higher. With no evictions in my city this is creating a very unstable environment for property. Overall shit will probably go south soon but everyone is in a sugar high right now.

>>21849619
POST COINS IN THE NEW BREAD MISSING SOME VITAMINE Ag !