/biz/ - Business & Finance

First for based Nikolai

Silver virgin here, how do you invest in silver/gold in a reasonable way? Looking at coins and bars they sell for a premie as high as the metal value. Basically a coin cost twice its weight in pure metal. At this speed you need to hold for 15 years just to break even. Are you guys doing that or is there any way around this?

>anon silver won't be worth anything
>anon silver iwill be useless once we're forced to find another solution in technology circuitry
I tried explaining that it is still a unit of measurement & always has been side by side with gold.

Anyone getting excited for Q3 earnings to come out for mining companies? Those may facilitate a decent influx of new investors.

>>23190749
If you see premiums at twice the cost, you're looking at the wrong places. Silver premiums typically are around 10 percent of the spot price at current market prices.

>>23190749
>a premie as high as the metal value
where are you shopping?
yes, premiums are high but double is an absolute scam
lurk /pmg/ a while and you'll see that a lot of anons have strategies to maximize bang/buck
meanwhile go to one of the dealers in the OP and get a couple or a few American Silver Eagles, or some constitutional 'junk' silver.
You want to dollar cost average into this stuff anyway.

>>23190749
You need a bit of variety, but buying new is tge most safe & most sought after.
200 silver oz for every 1oz of gold.
For every 5oz bar/coint you need 20oz of 1 oz coin/bar
For every 10oz bar you need two 5oz bar/coin & 40 single oz bar/coin.

2oz & 3oz bars/coins are valuable only in high quality in my opinion...why? Because the premiums are typically lower the more you buy & become easier to manage in trade so ling as you have enough to hold & trade/sell without breaking you one way or the other.

People look down upon silver going below even 1oz mintings due to premiums, but there's still those that will even buy down to a single gram or more likely than not 1/10th of an ounce in high quantity for trade and payment purposes only like junk silver.

Ensure you have junk silver for daily transactions if/when the colapse happens.
2 used mercury dimes = 1 days wage/expenses for a single person.

Both junk silver & and anything fragrional below 1oz silver bars/coins should only be regarded as a means of society colapse/fiat colapse day to day currency.

There hold pile...
The currency day to day pile...
And the sell for gains pile...
Most anons as myself never want to sell their silver...ever.

reminder that prostitution for precious metals is the woman exploiting the stacker, not the other way around
sex is not work. and sex is not a resource.
roasties are trading nothing for something

>>23190690
Based phoneposter

>>23191128
Phony baseposter

Reminder

>>23190690
link the previous thread when making a new one
Previous: >>23181254

>>23190690
silver halves

Sunday half time show

>>23191098
You’re correct in that paying for a sexual encounter with your silver is just a waste, but I could imagine there would be a booming sex slave market post SHTF. Young virgins would probably sell for an astronomical rate like 200ozt of silver or 2.5ozt of gold, while roasties would sell for much less, probably the older they are the less they cost, say 40ozt for a 40 year old roastie or 60ozt for a 20 year old roastie
>inb4 “Have sex incel”

>>23191236
How about 80?

>>23191236
>40ozt for a 40 year old roastie
haha, fuck no
40 y.o. roastie isnt worth a loaf of bread

>>23191236
>40toz for a roastie
Dude, whores aren't worth that much now.
Virgins aren't even that much now.

Are you guys still buying?

I'm currently reading the wealth of nations and I have the urge to buy another tube. But I'm wondering whether to wait until Tuesday, since usually they batter silver around that time.

An anon in the previous thread stated that defaulted loans cause deflation and that the money disappears causing deflation, but that doesn't make sense. That money was given to the banks by the fed and is now in circulation instead of returning to the bank. So, wouldn't this result in inflation instead?

>>23190749
>At this speed you need to hold for 15 years just to break even. Are you guys doing that or is there any way around this?

Welcome, what country are you in? Even in the USA it varies by state and some people must pay sales taxes on numismatic and bullion purchases.

If you let us know where you are we can help point you to the right dealers, in the USA 90% silver old
constitutional coins are among the cheapest per ounce worth of silver, at least when purchased at a local coin store.

Lots of strategies to get cheap Silver, some people cruise yard sales and estate sales for coin collections and sterling, some search eBay (and dusty coin shop shelves) for obscure uncirculated or proof sets priced below spot value of the silver coins, some go metal detecting for it which is lots of fun, and I've been an ambassador of scrapping and refining junk antique silver items.

What even most stackers don't seem to get is the fundamental monetary nature of silver regardless of form, and then how one sources in "inefficient markets" where perceived values are more malleable and arbitrary, such as the antique and collectible market, for cheap unrecognized unappreciated silver items containing much more than the asking price worth of silver.

When you collect silver from "inefficient markets" below spot value, it is then easy to get it refined into bullion which transforms the silver into something that automatically now fetches "efficient market" bullion prices (plus premiums too if you retail yourself) and is recognized and exchangeable globally. My refined returned silver costs less than 20/Ozt total currently which is basically like minting money, it's pretty cool. Plenty of ways to get cheap Silver, just takes extra work fren.

>>23191290
I’m not talking about renting I’m talking about OWNING. They will literally be your property and you can have infinite sex

>>23191297
Well most of the printed money disappeared into billionaires pockets.
I can't explain too much because I'm like, dumb.
But when the fed printed 2 trillion dollars, 1.5 trillion was not seen by the average american. it probably went to corporate buy backs or CEOs pockets.
Plus who knows how much more the fed printed during that time.

>>23191236
>>23191332
i doubt things will get that bad, besides, owning slaves is a bad investment. if there is no enforcement agency the slave can just walk away. if you are the enforcement then that's just kidnapping. why bother paying at all then? if the woman sells herself into servitude, what keeps her from walking away when your part of the bargain has been fulfilled i.e briffault's law. what will happen is a) prostitution and b) women staying in "relationships" with men having resources
really nothing different from what is happening right now

>>23191332
roastie still isnt worth that much
now young virgins, that will be a previous commodity worth trading Precious Metals for

>>23191098
I fucked a 40 year old milf silly 2 years ago and now she's literally telling me she can't be with anyone but me. She was fun and she actually listens to me ramble about money and politics, but the age difference is pretty big.
I bring this up because when she tells me that she can't be with anyone else, she also tells me she has a ton of money (milf has been saving since 18 years old) and that if I ever need anything to just ask.
I'm actually in a position to fully exploit someone, but it just feels so wrong even thinking about it. What do anons.

>>23191369
Can you make her your mistress?
"Hey you can be my girlfriend, just not my only girlfriend"

>>23191382
Probably. She would literally do anything to be with me at this point based on how she's been talking to me.
Thats not a bad thought anon

>>23191369
if i were in that situation i'd have no problem getting into a releationship with a 40 y/o milf. i'd demand complete control over her bank accounts though. women shouldn't be in charge financially

>>23191297
The way I understand it when a loan is created the money supply is increased and when it is repayed the money supply shrinks. I would assume that if you repay the loan only partially the net money supply is increased.

>>23191297
>An anon in the previous thread stated that defaulted loans cause deflation and that the money disappears causing deflation, but that doesn't make sense.
You need to understand that debt is just another form of credit. When somebody defaults on their debts, that credit vanishes, causing deflation. What causes inflation is when the Fed responds to this deflation by printing more money to sustain the economy and stop it from crashing.

I think I was given like 25 Susan b. Anthony coins & like 20 Sacagawea coins.

They were given to me for my birthday years ago.
Is it a good time to sell them off?
What use is collectable fiat!?
Its really not much...

>>23191407
She would give it to me. She was asking me what to do with her money last night after I told her I believe an economic collapse is imminent.

>>23191236
>60ozt for a 20 year old roastie
way too steep

>>23191462
what i mean is, what would be hers would now be mine. bitches don't need to own stuff

>>23191369
Do you want a family? Bear in mind that even if she's looking good right now, her looks will fade away rapidly as she approaches 50 and upwards. She's attached to you because literally noone else will have her and she will probably throw everything she can offer to you for a bit of attention. But there is probably a good reason why a 40 year old woman is single. Now if her husband is dead or something, then she might be all right, but otherwise she probably has an awful personality.

If you stay with her you're giving up the chance to have your own family. And honestly, I wouldn't be able to bring myself so low as to exploit her. That's bottom of the barrel stuff.

>>23191369
Sounds like a difficult situation to be in. I wouldn't exploit anybody, I'm too much of a moralfag for that. If she wants to be in a relationship and you're not feeling it, it won't work out. If she just wants to fuck you though you could arrange some form of payment deal with her in mutual understanding. That would be beneficial for both of you. Become a male prostitute

>>23191423
When someone defaults on their debts, the loaned money stays in circulation. Paying back loans is deflationary, not defaulting on debt.

>>23191413
This is correct

>>23191297
the beautiful thing is that either mass inflation or deflation is good for PM's. if we get deflation, the whole economic system will come tumbling down real quick, because its a usurist debt based hyper consumption machine that need a constant inflow of liquidity. To stop this, the government(s) have to print excess money and inject it into the system(inflation) to keep it alive. This increases prices nominally but in reality confidence is lost and capital flight takes place causing real values to plummet. If you are hedged against economic collapse right now, you cant lose.

>>23191389
Try it, just don't tell the women that they can date around cause that's just getting cucked, don't lie and say you're not dating around, and don't burn yourself out promising to commit too much time to your girlfriends.

>>23191359
>roastie still isnt worth that much
>now young virgins
I think you might be right, I mean the amount of 30-50 year old roasties that would be selling themselves would be so astronomical that the market would be saturated and you could get one for cheap. I’d like to imagine that roasties with herpes, gonorrhea, chlamydia, HPV, and basically everything except AIDS would go for bargain barrel pricing and could be had for a single ASE

>>23191514
>could be had for a single ASE
now wait a second
in this scenario who gets the silver eagle?
you're already paying to feed and house the roastie. And if you 'own' her, then her assets are your own.
So, somewhere there's a guy selling roasties.

>>23191480
>Do you want a family? Bear in mind that even if she's looking good right now, her looks will fade away rapidly as she approaches 50 and upwards.
All things I have been considering. Yes I do want a family. She has an 18 year old son. Im 26
>She's attached to you because literally noone else will have her and she will probably throw everything she can offer to you for a bit of attention.
No I literally changed her world when I fucked her. Not even trying to brag, she just doesn't want to be with anyone else (she could be lying to me when she says she pushes all other guys away, but the way she says it i believe it).
>But there is probably a good reason why a 40 year old woman is single. Now if her husband is dead or something, then she might be all right, but otherwise she probably has an awful personality.
She told me about why she got divorced back 2 years ago but I can't really remember.
>If you stay with her you're giving up the chance to have your own family. And honestly, I wouldn't be able to bring myself so low as to exploit her. That's bottom of the barrel stuff.
Yeah this is where I'm coming to as well. I'm almost just thinking to fuck her exclusively and not commit to anything exclusive. If she wants to buy me stuff (silver) I won't reject it.

>>23191565
I think there would be a slave market like there was back in the olden days, actually I think it would be more likely that roasties would be auctioned off instead of having a fixed price, with the auction house taking around 20% fee to make a profit

>>23191297
>>23191336
when you have billions more than you need to live comfortably, and increase in your wealth does not increase your daily spending. The wealth effect does not affect the super rich.
When billionaires get a bunch of fresh cash, they invest it or spend it on philanthropy.
I've got a bunch more to say on this, but I need to check my understanding of things. Does anyone have a link to a good description of exactly what the fed reserve has been doing, in detail, for the last couple of years.

>>23191627
https://brrr.money/

>>23191570
Think of it like that: would you seriously consider having a family with a suger baby i. e. woman who sleeps with a man twice her age for money? Now consider what kind of women would you attract while dating her even if you're not 100% committed.

Other than that it's hard for me to believe that having sex can change your life, except in the form of rape of course. But of course I can't know whether she's lying to you or not.

>>23191661
Thanks for the thoughts anon. Definitely a lot of stuff I need to consider
Just to clarify, it wasn't like I changed her life. She just keeps telling me that she literally can't enjoy being with anyone else sexually. She said she tried but a year after I was with her she has given up and hasn't been with anyone.

>>23191599
personally I'd rather have servants than slaves. I need butler/maid/cook/driver/groundskeeper/security/secretary
and then a bunch of wives like a mormon

>>23191514
women would "sell themselves" by entering "relationships" with providers. no up front cost, just clothing, food warmth and shelter
the ones too undesirable will be working the streets

>>23181254
For Archive Purposes

Next time put it in the OP ya doofus.

>>23191570
She sounds desperate not like “her life was changed by dick”

>>23191757
Its possible. Like I said she could be lying to me. But based on the sex as well as the exchanges we've had over the 2 years up until now I do believe it.

>>23191369
If you love her and are still open to children by some miracle or even adoption than marry her. Even 15 years from now she's promised to age like a fine wine if she's Asian. By then you'll be what? 40? 42? I understand the yearning for a you g wife & children, but if this is for the betterment of her soul & yours than perhaps God is with you.

I think the mistake was having sex with her befor marriage, but the real question is why is she 40 and no husband or children as is....red flag?

>>23191789
You sounds naive

>>23191487
>When someone defaults on their debts, the loaned money stays in circulation. Paying back loans is deflationary, not defaulting on debt.
That is irrelevant. The money is in circulation regardless of whether it's loaned or not. The borrower is expected to create value for the lender over time in order to pay back the debt and the interest.
>>23191413
Money supply isn't increased when a loan is created. It creates credit, as debt is another form of credit.
What's important is that credit is created when money is loaned away, and that credit disappears when
1) the debt is paid along with the interest
2) the debt is defaulted

People can't pay their debts during a deleveraging when central banks can't lower interest rates any more (0% interest rates) to control the economy. People cut their spending, businesses go down because money isn't getting exchanged, no new loans are given because banks are concerned that they won't get their money back, interest rates start going up, asset prices (like real estate, equities) go down as demand decreases and badly indebted people desperate sell their assets to repay debts.
When people can't afford to pay their debts, there are either inflationary or deflationary ways to deal with the debt problem. The deflationary ways are: cutting spending; defaults and debt restructures; redistribution of wealth. And the inflationary way is to print more money.

Because deflation would spiral and crash the economy the Fed just chooses to inflate the economy with inflation by buying even more government bonds, inflating the debt bubble and postponing the crash. Just look at the current situation: people have lost their jobs and income and are forced to spend less. Some can't pay for their debts. This is deflationary and could crash the economy, so the Fed has been printing money hyperaggressively this year.

>>23191332
Concubines returning when.

>>23191794
2 years ago I was a degenerate. No I don't love her by any means. There's a bunch of back and forth in my head
The good
>the sex
>conversations she actually listens and I can easily tell her when she's wrong. Only woman I've been with that seems to actually care about what I have to say about the world.
>i can command her and she listens
>she's obviously well off. But I'm trying not to use this as a consideration point
The bad
>clingy as fuck
>age is extended to its max

>>23191851
>>23191789
>>23191702>>23191570
I’m not trying to be a dick but this isn’t the space for your blogposts this is precious metals general

>cosmetics is going to become a luxury good again

>>23191851
The other thing is her son is 18 - a full man in most standards odlf age. Theres going to be some animosity.

I understand the degenerate thing...
I was too & it still permeates from the smell....

That said I know I had a complex for older women when I was young & had hoped to have been with them. I thinknit was a romance kind of thing. I'm almost your exact age...
I had the opportunity to marry several older women very very close to my age, but I was too young.

Im getting to the point where dating an older woman doesn't make much sense any more. There are few I would date.
I never thought I would date younger women but it only makes more sense now.

I was in your postion at 25.
It didnt work out.

>cosmetics are going to become luxury goods again

Average premiums for physical gold have doubled in the last two weeks in my western european islamic shithole country.
Is it finally happening now?

>>23191900
Yeah I didn't mean to get so far into it just thought I'd bring it up since there was a somewhat relevant comment. My apologies anon.
Here's some silver

>>23191985
Not a problem fren, I would pull out my sack but I’m too lazy

>>23191978
France?

Seven hours 30 minutes to market open

Last day to buy before the price moons, dips or crabs. Buy now or wait. Where we headed boys?

>>23190690
Hi pmg I’m 12 years old and want to start stacking do you have any suggestions?

>>23192131
I would wait honestly, since pelosi turned down the stimulus deal.

>>23192053
Sacre bleu, Baguette!

>>23192142
Rule #2

>>23192142
You must be 18 to use this website, and ask your dad to take you to a coin shop

>>23192142
Buy 1oz silver bullion coins like Krugerrand, Maple Leafe, American Silver Eagle, Britannia, Wiener Philharmoniker
Buy whatever is the cheapest do not start collecting, price is all that matters.
Also post pic of your mom please.

>>23192131
Bearish on Tuesday, bullish on the week.
t. My ass

Quick, post stacks

>>23192193
Is there an actual reason why silver always dips on Tuesday or is it just JP Morgan fucking with us

>>23191369
We need a pic anon or else we can't make a proper judgement. My opinion though, fuck the shit out of her, 40 year old milfs are horny as fuck and have probably already done everything so doing it for her boy toy will just serve to make herself wet. Do not abuse the situation but figure out a way to take payment for your services without it being so much like prostitution, more like some gifts but don't be like those gold digger whores. If she is sexy , take her out with her money , show her off, shit fuck her in public or whatever makes her pussy drip. But do not expect it to last forever, either she will want things to change from this way eventually and want more or you will grow tired of her. But a 40 year old milf who wants to spoil her boy toy could be a fun time for a few years. But try to explain the situation to her, do not be a gold digging whore

>>23192234
I just think there will be a pull back after Friday

>>23192314
The fact that it closed above 25 is pretty big. It broke its bear flag in the positive direction

>>23191599
let bidding begin

>>23191236
You could probably get a whore for 2ozt worth right now depending on the country.

Do we think that products like cashgold/karatbar packs have any future? Obviously karatbar was associated with a nasty ponzi scheme but is the principal solid? Trading small physical 0.1-1g units?

>>23192506
Junk silver might be your best bet for low denominations. It’s widely recognized already and there aren’t too many fakes.

>>23192560
No, not for me, I stack ounces and sovs, but I mean in general, actually using it as currency. Is it ever going to be feasible of will there always just be a non PM fiat of some description?

>>23192506
Why would anyone want to trade tiny flecks of gold dust over silver

>>23192506
>.1g
lol so you just scoop it up with your finger nail or what?

>>23192456
That's a Spanish Catholic, not the kkk.

>>23192720
Its sealed in the note obviously. The 1g bars are sealed in little credit card size packs.

>>23192193
I feel like it could break $30 this month. I had a dream last week that spot was 28.09 and I’m hoping that dream means that’s the peak before a dip but who knows, i just want to trust my dream because I never can remember my dreams.

>>23192737
shame, would prefer a fine upstanding white master race goddess

>>23192223
most people here dont have any precious metals, they are poor crypto addicted gamblers at heart

>>23192841
Cant I be both?

>>23192619
both can exist simultaneously, hypothetically
if a fiat is poorly managed and unappealing to enough people, base-level money (mostly pms) can emerge. Meanwhile, the fiat can remain in use because it is required for taxes and other government interaction.

>>23192935
no

>>23192841
>>23192935
Yeah im both. XRP to the moon

I'm combing through federalreserve.gov hoping to learn things.
I think I knew, but forgot: the Fed Reserve holds collateral for all the dollars in circulation. In other words, yes the dollar is actually backed by something.
Most of this collateral is in the form of Treasury bills. Which means that the dollar is backed by US Treasury bills, which are claims on dollars that have been loaned to the US Treasury.
So, in theory you could go to the Fed Reserve to redeem your dollar, and in return (effectively) get an IOU that says the US Treasury owes you a dollar.
And you could take that dollar back to the Fed Reserve, etc.
But you can be comforted to know that the Fed apparently holds about $11B in gold.

>>23193167
That 11 billion in gold was what was confiscated in 1933, and do remember that the fed is privately owned. After it was confiscated it was determined that the US government does not own that gold, but the fed does as collateral against the national debt.
Furthermore, I highly recommend a book or source of information that is not written by the fed, as the fed has it in its best interest to feed you bullshit economic theories that make you think a privately owned central bank is necessary.
I recommend the creature of jekyll island, although there are more books than just this one.
The dollar is backed by debt as money is out into circulation when either the fed buys government bonds (they print money to do this and then expect it to be paid back with interest) and fractional reserve lending (printing money to lend to people)

>>23193216
>The dollar is backed by debt as money is out into circulation when either the fed buys government bonds (they print money to do this and then expect it to be paid back with interest) and fractional reserve lending (printing money to lend to people)
This is true.

>>23193216
Pic related is also a good book on central banking, it’s no wonder why shills are always trying to discredit it

>>23193278
Give another book rec that's on barnes and noble so I can get free shipping plz

>>23193555
Another book on central banking or another book in general?

>>23193601
Either or, looking for more books to read that'll either entertain or enlighten me.

>>23193626
Pic related is always a classic

>>23193626
Its unfortunate that the only way i can seem to entertain myself currently is through enlightenment and buy silver. Everything else in this modern age is so fucking fake

>>23191842
I suppose it depends which money supply you take (M1, M2, etc.). Because all the fed can do is create bank reserves. Then it is up to the banks to use those reserves to lend money. When it comes to the real economy once the money is lended by a bank to a company or an individual it can be spent in exchange for goods or services. If you repay the debt you're effectively giving the bank its money back by taking them out of circulation and while they may pocket the interest, they have those money ready for another loan. If you don't repay the debt then that money permanently stays in circulation.

Again that's just my understanding and I'm not claiming to be competent.

>>23194046
This is correct. I was also not trying to say that defaulting on a debt is inflationary; just that it is not deflationary.
Taking the loan out in the first place is the part that is inflationary.

>>23190690
predictions on when we hit $30 silver? end of month?

>>23194100
I honestly think we will see it test 30 sometime during the next 2 weeks.

>>23194092
This makes me think. That massive amount of money JPM is going to be loaning to minorities. This could just be another attempt at a liquidity injection to try and keep the debt monster going. It also sets the bank up to fail (and get those tasty government bailouts if they decide not to use banks as the sacrificial lamb to CDBC)

>>23193216
Yes I'm familiar with all these things.
I was more interested in what assets the fed is buy more recently. As in since Feb.
There's been a discussion on the last few /pmg/s about inflation/deflation and I've become curious about the exact location of the "money" that the fed has produced since the bologna virus was released.
But I had forgotten or was unaware of the mandated collateral that the fed is supposed to hold against fed notes (dollars).
I was amused by the recombinant financing where every dollar is backed by an IOU for another dollar.
And therefore my previous post.
It's easy enough to say that the dollar is backed by debt, or that the fed is printing money, but I like to know what things mean. Especially if I'm going to talk or post about the things. I hate to talk out my ass, even if I don't get caught.

>https://twitter.com/TheLastDegree/status/1315314138067984385
Anyone here intend to do the same ? Try to go out at the near top in this first big leg up then come back later ? I dont know how good or lucky you need for this so I will just keep my portfolio as it is for the next 8 years until the end of this bullmarket. Brainlet strategy.

Slightly Updated Version of the Silver Devaluation table I posted last night. It's not meant to be exhaustive, just meant to show when common types of junk silver were devalued.

>>23193278
based and true populism pilled

>>23194121
Anyone have the updated meme lines?

>>23194427
Yup, #metoo. Just buy the dip every now and then and that's it.

>>23194427
>buy low
>sell high
>then it keeps going higher
>shit
Just buy and hold

>>23194545
this you only wanna swing trade in a bear market but this is a BULL ZONE ONLY

>>23191789
>believing a 40yo woman
>She is 40yo so her body is useless and too old for children
>Already has a child
>Money isnt an issue for men
No man will marry her at this age so she is facing a pretty desolate 40 next years, alone
Unless she is willing to be your mistress with nothing recorded and no string attached, you're the one losing. Sex prove nothing since she had fucking 25 years to train and ride the cock carousel.

>>23194505
Working right now but I can make some afterwards

Pelosi shit on the stimulus (aka inflation) proposal. Wonder what this means for tonight's price action.

>>23194427
>Brainlet strategy.

Yep same here, bullion stack and miner portfolio are healthily in the green thankfully, I truly am a retard at stocks (never bought any stock before loading up on miners in the Spring) so will just play safe and sit on most of it for now. Good for savvy traders who know what they're doing but I'd probably just screw it up and cuck myself out of my positions.

>>23194700
Sweet, thank you kind sir.

>>23194427
over the last 6 months, ive bought everything that wasnt nailed down under 30$/oz. during the turbulence for the election im going to aquire miners as hard as i can while still buying what junk silver i can from my lcs. then hold for the rest of my days

>>23194744
it makes her and by extension her party look like an ass, people want gibs

>>23194863
I think you should leave a small fiat position to weather the storm at first, until PMs appreciate. Otherwise you'd be forced to sale for less than you'd want.

>>23194936
no worries anon, this is all extra monies, im comfy posting from here on

>>23191978
>>23192164
https://www.youtube.com/watch?v=vPeHbvQgiTY

>>23194664
I disagree with everyone else here, tell her she is a side chick, flat out. If she doesn't like it don't keep banging her. If she is cool, go out and eat with her a few times a month. Tell new women you have a side chick already, they won't care.
Women don't want single dudes crawling around for crumbs of pussy anyway.

>>23195168
THIS IS OF COURSE, if you're single at the moment. It would be rude if you had a commited girl friend and you tried to open up your side of the relationship now.

>>23190690
T

>>23192831
The fact that you didn't realize a Spaniard was a Spaniard proves that you're falling for purity spiraling.

>>23190690
T

>>23191308
How do you avoid overpaying on things, especially on somewhere like eBay? What's the best way to learn the value and not get gyp'd?

>>23190690
MY SHINY BOOMER ROCKS ARE FUCKING PRICELESS!

>>23195407
hang out here, buy things as close to spot as you can, buy from trusted known dealers (some dealers use ebay too). if your not sure, post here and ask. youll get used to what things cost after a few weeks. dont pay more than 2.50 dollars for a merc dime etc,etc

>>23190749
if you want decent buys look at a listing like this one that I linked below. Usually the 2 terms to search are "world coin silver lot" or "foreign coin silver lot" - visit the NGC world catalog I have listed below. Look up the coins- the search bar is better than the manual search- and look at the ASW- it will usually be a fraction of a number, .1, .35, etc. That is how many Troy Ounces of silver are in the coin. NGC is also nice enough that it gives you the exact up-to-date melt value of the coin(except pajeet and abdul type coins typically) So if you are bored and have time look at a few lots and determine the ASW of it. Usually if it's just junk stuff you can land it 10-15% below or maybe a little above melt (still better than the rape premiums charged for government issue rounds). It's very easy to do as long as the pictures are decent. I accumulated probably 50-60 oz that way when I was younger.
The one caveat I would say is try to buy higher purity if at all possible- this will ensure when you part with it at some point you get more for your money.
>https://www.ngccoin.com/price-guide/world/
>https://www.ebay.com/itm/MIXED-FOREIGN-WORLD-SILVER-COINS-490-GRAMS-SILVER-LOT-SOME-1800-s/224184471743?hash=item34326f90bf:g:6RoAAOSwpdxffe6M

have u guys seen the great reset? i know gold and silver should moon, but im afraid ((((they)))) are going to turn people so desperate this collapse that they will fall for their next scheme. what do u guys thnk?

>>23192456
How old is she lol?

https://www.youtube.com/watch?v=VHRkkeecg7c

yuropean here, i got a thing for us constitutional silver halves, will i fuck it up if i buy them 9 eypos a piece?

>>23195455
Thanks chief
I'm basically planning on HODLing coins and other things but I wanted to be sure that I wouldn't be taken advantage of
Re: sterling silver, is there any way to get a rough estimate of the weight?
Also, for picrel, they want ~$100 for the set, they say it's 1885 production and silver, how can I determine if it's plated?

>>23195557
Retard moment
This pic

>>23195529
Use this website that shows what spot is for each junk silver coin, then convert burgerbux into Euro
http://www.coinflation.com/silver_coin_values.html

>>23195598
top tier site thanks my lad

A few questions:

1) I have 2.1oz gold, 81oz silver. Should I pickup some more today? Or do you think we'll get another dip? How often do you DCA into PMs? Quarterly? Monthly? How should I schedule it?

2) I saw JPM was fined for placing spoof orders in precious metals. What is the implication of that for us? Did we get tricked into thinking there was more demand than there is?

3) When I buy Asahi rounds there is typically some space at the top of those plastic things that each 20 count goes in, and they can flop around when moving. What do you guys stuff those with to stop it?

4) How long does it take for Flonase to work?

Are kennedy dollars were the premium, or would other junk silver coins function better in the event of market fluctuation? I'm new to metals, and in a bind with stacking up before things get hectic.

>>23190690
Posting on 4chins is making me feel physically ill, I’ll have to take a break from /pmg/ for awhile lads

>>23195529
US half dollar silver weight: 0.36169 troy ounces
0.3616 x $25.14= $9.09 -> €7.70 melt value

Considering you're euro a $1.50 premium on half dollars doesnt seem too unreasonable

>>23195699
You probably dont even have money to spend on silver to notice any major difference in the amount of silver you can buy if prices "dip" 1 or 2 dollars.

You just missed your dip. Silver went from $29 to $21 couple weeks ago. Ultimately its like people who had the chance to buy Amazon stock when it was $250 asking if they should wait for a dip before buying...Amazon stock right now is like $2500

Use toilet paper or paper towel to fill the gap. If you are worried about the chemicals that make it white, cut up an old cotton t shirt. Idk

>>23195750
It's a matter of taste, but I don't really like Kennedy's because they come as 90%, 40% and 0% silver. I prefer stuff thats recognizable as 90% with just a glance.
But maybe they come cheaper because of all that. In which case they might be a good buy.
Junkwise, I think Barber quarters, Franklin and Barber halves and Merc dimes are prefered. Standing lib quarters, Washington quarters and morgan or peace dollars come next. I don't know how the premiums on these are right now, so you'll have to do the math.

>>23195699
>3) When I buy Asahi rounds there is typically some space at the top of those plastic things that each 20 count goes in, and they can flop around when moving. What do you guys stuff those with to stop it?
I don't store in rolls but I'm sure a rubber washer on the bottom and top would keep it nice and solid, or something to that effect

>>23195577
>>23195557
there are some anons here that are wizards of makers marks, if you have a pic of anything that looks like a logo or signature, post it here and wait. try to get a digital scale that weighs troy oz up to 3 decimal places of grams, it can also be useful for verifying fake coins. there are very simple tests you can do as well such as ice melting and neodymium magnet slides on coins and bars. no way to estimate that without a weight

>>23195821
Thanks. I'll just grab another 20oz. I don't watch the prices every week, I should probably set some price alerts somehow. I check in once a month or so now.

>>23195893
Thank you.

>>23195577
Hey, scrapsperg here, that looks promising, ugly dark tarnished items are a good sign (plated stuff is often tarnished in an attractive iridescent spectrum). Looks like Mexican or South American stuff so if it's sterling it will be stamped STERLING or Plata 925 or something pretty unambiguous on the bottoms of each piece. Hard to say how big/heavy it is, it might just be a small "bachelor's" set but should still be 700+ grams of sterling, maybe up to 1.5 kg if it's bigger than it appears. Whatever the case, if that's all sterling then $100 is a crazy good deal so good luck, try to check it out early, and please report back if you're successful.

>>23195893
i use half a packing peanut

>>23195699
1)buy what you can but you cant time a dip usually, if you buy high and it dips, youre one of us
2)them shorting silver specifically keeps the price low, they have considerable market share so its easy to do, their recent billion dollar fine has taken some of their wind but its chump change compared to what theyve made doing it

3)see above

4)dunno

>>23195215
I would rather have Nazi vs Jew debate again than deal with this retard`s dating life

>>23196028
>1 post by this id
im sure you would

>>23191451
I'm pretty sure you can sell off all the coins. The new dollar coins issued are pretty much junk and little better than one dollar bills.

That said, you should carefully do some research on any key dates for the coins. I know that there is a variant of the Sacagawea dollar that is actually worth a lot of money. They were the coins that were inserted into select boxes of Cheerios cereal. I think the only way those coins would have numismatic value, though, is if you have the unopened box of Cheerios with the Sacagawea dollar prize in it or if you have a coin that was verified by one of the major coin grading agencies as having been from a box of Cheerios.

To the best of my knowledge, none of the Susan B. Anthony dollars are worth more than face value.

https://www.usacoinbook.com/coins/dollars/susan-b-anthony/
https://www.usacoinbook.com/coins/dollars/native-american-sacagawea/

>>23195942
What form are you getting the 20 oz? Bars, rounds or coins.

>>23195962
Thank you again bud
Where can I learn more about this stuff? I'd rather not have to ask for your wisdom all the time (not that I don't want it) nor be spoonfed everything

>>23190749
Respond you faggot. There are no 50% premiums

FWTDHWAHQUD Status {going to walmart to buy food}

>>23195577
tray pattern doesn't match. If the 3 pc set is actually sterling, the tray is probably plated.
Common for trays

>>23196189
Rounds. I usually just buy whatever is cheap, but the 10oz premiums are sometimes as much as the rounds so I get the smallest denomination that I can if there is no premium benefit to going higher

>>23196236
you have a computer. Learn. I did about 8 yrs ago
Became an expert, started a sterling business.
Hustled sterling full time for 8 yrs. Accumulated
almost a half ton

>>23191355
The enforcement is that if she leaves you she could be kidnapped by a worse master and that her life will be a lot better off being a slave in your estate than a slave to some poor loser who can barely feed her

>>23196290
Writing off the tray isn't terrible but I'll still see
>>23196331
Fair, thanks bud

silver backed digital dollar when

>>23190690
Was the “coin shortage” that went on a few months ago just a massive psyop to get people used to a digital currency? They were encouraging people to bring their change into banks, where I presume they would be sent to be melted down and never used as change again, creating a self-perpetuating coin shortage until eventually there would be no change left, proving another justification for federally mandated digital currency

>>23196641
Kek that would be hilarious. Unrelated but once I had a dream that they found out common nonPMs used in our currency was poisoning us all and making our teeth and fingers fall off and giving us cancer

What happens to gold price if fed coin gets rolled out? Short term and long term?

>>23196641
you mean the one thats still going on for the reasons you stated? yeah probs. the whole point of coinage is for circulation especially in times of "peril" so its very sus that it all suddenly vanishes.

>>23196631
why even bother with digital, just back the us dollar with metal as it was designed and use that. theres no need to retrofit all this bullshit and complicate it.

History lesson time!

Executive Order 6102 required all persons to deliver on or before May 1, 1933, all but a small amount of gold coin, gold bullion, and gold certificates owned by them to the Federal Reserve in exchange for $20.67 (equivalent to $408 in 2019)[5] per troy ounce. Under the Trading with the Enemy Act of 1917, as amended by the recently passed Emergency Banking Act of March 9, 1933, a violation of the order was punishable by fine up to $10,000,(equivalent to $198,000 in 2019)[5] up to ten years in prison, or both.

The order specifically exempted "customary use in industry, profession or art," a provision that covered JEWLERS

hey guys is there an archive site like 4plebs that tracks /biz/? can't find any googling

>>23196787
> The order specifically exempted "customary use in industry, profession or art," a provision that covered JEWLERS
One other thing to note is that dentists were also allowed to keep their gold for tooth fillings. The “Numismatic exemption” was a crock of shit since they could say any gold coin no matter how old or valuable was bullion

>>23196331
>Hustled sterling full time for 8 yrs. Accumulated
>almost a half ton

Damn, wish I started earlier. What is the best antique sterling item you've ever gotten cheap or at scrap price?

>>23196787
price of gold shot up to like 40$ an oz shortly after the confiscation too IIRC

History lesson time (continued) !

1. Coinage Act of 1873
The Coinage Act of 1873 or Mint Act of 1873, 17 Stat. 424, was a general revision of the laws relating to the Mint of the United States. In abolishing the right of holders of silver bullion to have their metal struck into fully legal tender dollar coins, it ended bimetallism in the United States, placing the nation firmly on the gold standard. Because of this, the act became contentious in later years, and was denounced by some as the "Crime of '73".

2. Gold Standard Act
The Gold Standard Act of the United States was passed in 1900 (approved on March 14) and established gold as the only standard for redeeming paper money, stopping bimetallism (which had allowed silver in exchange for gold). It was signed by President William McKinley.

3. Bretton Woods sytem
The Bretton Woods system of monetary management established the rules for commercial and financial relations among the United States, Canada, Western European countries, Australia, and Japan after the 1944 Bretton Woods Agreement. The Bretton Woods system was the first example of a fully negotiated monetary order intended to govern monetary relations among independent states. The chief features of the Bretton Woods system were an obligation for each country to adopt a monetary policy that maintained its external exchange rates within 1 percent by tying its currency to gold and the ability of the International Monetary Fund (IMF) to bridge temporary imbalances of payments.

4. Nixon Shock
The Nixon shock was a series of economic measures undertaken by United States President Richard Nixon in 1971, in response to increasing inflation, the most significant of which were wage and price freezes, surcharges on imports, and the unilateral cancellation of the direct international convertibility of the United States dollar to gold

>>23196787
Austrian and Dutch Ducats were covered under the Numismatic Exemption for whatever reason. I don't think rare US coins were covered under that provision, but for whatever reason modern high mintage Ducats were considered "numismatic rarities".

>>23193626
>>23193728

>>23197069
>>23193728
>>23193626
>>23193718
Youtube Eckhart Tolle. He's very good.

>>23192234

Big movers have all weekend to communicate their plans with each other or just formulate them privately. those plans are put into play on Monday and the effect ripples through the rest of the week.

source: my ass.

But I do believe that, and I'll post my stack.

>>23197144
nice horde - total OZ?

>>23192131
It crashes hard, checkem

>>23197069
Dangerously based

>>23192131
>>23192152
>>23197304
Trump's talking about Student Debt forgiveness
Inflationary??

>>23197335
Yes.

>>23195962
I am looking at a bowl that says on the bottom "Sterling Precision Corp" then a mans name "Alvin McCormick 1976 Sales Award" on the side.

No marks that say silver or sterling silver or 925 etc. Just the mans name and sales award and the name of the company that made the bowl I guess, Sterling Precision Corp.

Is this a known sterling company? Or the company the man worked for and its just a silver plate or junk bowl?

>>23197335
extremely, 2% target btfo

>>23196331
Boomer typing detected

>>23197413
Probably just the company that gifted their employee the award, it could be faint and would benefit from studying at an angle in the light but if sterling it would be stamped on the bottom underside. If you haven't seen anything it's probably just plated though.

>>23197628
who gifts their sales award employee something useless kek I hope Alvin quit and got a better job

>18000 oz of silver

im never gonna make it

Based Miles Harris of Life Growth Academy just uploaded a cool video on Silver

https://youtu.be/d_UEdAH5vQQ

>>23191851

Put a ring on it and knock her up a couple times.

Wealthy woman who listens to you and the sex is great? So what if she's a bit older?

Is this plated?
Other side is quite tarnished, 1880s production

>>23193718
Got tricked to it by Jocko Willink and his stupid podcast, when I still believed that he was cool and didn’t recognize that he is also just a industry shill, controlled opposition. Anyway: What a stupid boring Book.

>>23198088
Looks plated to me (iridescent tarnish) but that's not certain so finding the marks would be most helpful.

>>23197204

145 oz I believe. May be one up or down. Didn't mean to post the unrotated pic, that shit irks me to no end.

>>23198274
No marks for sterling, passed on it
Had 4211 and 16NI stamped on it iirc

>>23197770
Decent video, no real new info for us I think though

Anyone know when the US Mint price change takes effect? They already sold out of the 2019 silver quarter proof set.

>>23190690
Hi guys
I am gonna enter this sort of business thanks to a friend of my father he needs a salesman to place precious stones.
We are talking about 10k carats at my first job with him.
I have no experience in this specific field and I would like to learn. I don’t even know how much 20k carats of emeralds and acquamarine are worth of and how to determine it.
I am here open to any form of advice and knowledge
Thank you

>>23198958
>I don’t even know how much 20k carats of emeralds and acquamarine are worth of and how to determine it.

All depends upon size, cut, and clarity.

20k worth of .1 carat cloudy stones cut by a blind monkey with two left hands is work a lot less than 20k worth of 5-10 carat stones of flawless clarity and perfect cleavage.

>>23190749
Don't buy a silver bar for $4000 right away lol

I quit smoking so the money I saved goes to silver or drones

Bought a budget safe and my 300 ounces of silver already pretty much fills it. Do you guys all have a safe of some sort to hoard your silver? I'm not sure if I should upgrade to a more premium safe, or buy more Gold and Silver.

>>23199107
Yes.

>>23199079
Damn how can I get a culture on this field. And determine the worth of a stone

>>23199107
how? my 250 ounces literally fit in a gallon plastic bag lmao.

If evens line goes up today
If odds line goes down
If dubs line goes up 1 dollar
If trips line goes up multiple dollars

>>23190690
Reminder that both Keynesian and Austrian economics are just different sides of the same Jewish capitalist coin

Let's see how long it takes.

>>23191985
Where can I get this?

15 minutes

>>23199696
They are available off golden state mint
Proofs and BU

T-MINUS 5 MINUTES

>>23190823
When does this happen?

>>23199999
>>23200000

>>23199079
well technically 20k worth of anything is equal to 20k of anything else you fucking retard

>>23200045
Wow what a waste of digits

>>23199966
Many thanks! Buying now

>>23191336
If the working class got that money instead, it would just cause price increases.
Inflation only happens if people spend the money. If rich people just save it, nothing happens. If they invest it in stocks, the price of stocks goes up artificially.

I wish the common person knew basic economics instead of being confused by left wing dogma.

>>23200100
No problem anon. Depending on how you pay it could be 3 to 4 weeks until they get to you so just be aware of that.
Also checked

>>23191640
Funny

I wish this website showed gold/usd

Silver going down tmrw :( f

>>23199497
Shut the fuck up bootlicker.
Nazi Germany was essentially a keynesian economy.
This is an Austrian thread.

Who wanted the new TA?
Not much to it right now. Its back to the previous uptrend before the July-August moon mission.
If it breaks that uptrend in the upwards direction and closes above it, then it likely will continue in the uptrend set forth by the July August market.

>>23199497
Also lol, this fucking image man...
It's funny that national socialists pretend they aren't commies when they repeat their same garbage arguments.

>>23200250
>>23200269
>>23200313
You’re taking the bait hook, line, and sinker

>>23200284
Also it just broke its bear flag and closed higher, so I expect nice gains this week

>>23193278
This book is fucking trash and ends up DEFENDING central banking.

>>23193601
>>23193626
History of money and banking by Rothbard
Anything by Rothbard and Mises.

>>23200329
There's no bait here, friend.

I need to stop trying to find good deals on eBay unless I'm up sniping auctions that end at 3am, there are 0 decent prices on coins and bullion otherwise lol
Maybe I just need to hunt for more sterling stuff

help anons please, is this shit worth $15?

>>23195040
Love the 5 francs, got some, but I prefer the "Hercules" type

>>23200103
>If the working class got that money instead, it would just cause price increases. Inflation only happens if people spend the money. If rich people just save it, nothing happens.
This is your brain on Jewish capitalism

this coin is based. Anybody else heard of Silver Shield?

https://www.goldenstatemint.com/1-oz-Gates-of-Hell-MiniMintage-Proof-Silver-Round.html

>>23200103
>>If the working class got that money instead, it would just cause price increases.
that's why precious metals are a good hedge against minimum wage increases

>>23200585
The most based rounds that exist anon

>>23200585
That coin is pretty based, it has the same aura as pic related

>>23200538
https://www.youtube.com/watch?v=N2YjgId9uFI..
If you want to pick it up, do it. Else, save your money and buy this. https://monumentmetals.com/canada-800-silver-dollar-random.html

Does anyone have a screenshot of that one night a couple of months ago where $SLV was barcoding like crazy?

>>23200580
>This is your brain on Jewish capitalism
No, this is just reality.
If you're too stupid to understand economics then go to /x/ or something instead of the precious metals thread.

>>23200511
>This book is fucking trash and ends up DEFENDING central banking
Explain

French silver based coin

>>23200262
I am financially cuckholded

>>23200262
What makes you say that

>>23200654
Anon yesterday made a post explaining in detail why this book is retarded. I can't find it rn.
If you want to understand the real reason why central banking is bad you have to start with the Austrians.
Read Ron Paul, Mises, Rothbard etc.
I mean just start by reading mises.org articles.

>>23200642
This?
Its silver cfds and not slv tho

French gold based coin

>>23200696
So you can’t tell me why you think it’s bad yourself?

>>23200611
sexy stack

>>23200613
agreed

>>23200688
checked.

if that's actually ur pic, are you debt free?

>>23200580
>This is your brain on Jewish capitalism
more like your brain witnessing jewish capitalism

>>23200648
And your retarded if you think the rich are just going to hold it.

>>23200771
I've never taken a single cent of debt in my entire life. It's important to be your own man, not owing anything to (((financial institutions))) who are not just financially parasitic but they are also psychic vampires feeding off the emotional misery and stress of those who toil for a living.

>>23200519
>Maybe I just need to hunt for more sterling stuff

Do it fren, about an hour ago I bought a BIN sterling bowl for $40 shipped, melt value $128. Bought other scrap silver things too but that's the best deal I've snagged so far today on eBay. Plenty of cheap scrap to go around.

>>23200103
>If rich people just save it, nothing happens
Top kek

>>23200789
when a super rich person gets a bunch more money do you think he says "wow cool now I can buy lots more things!"
No he can already buy everything he wants. Additional money goes into investments and large social projects.

>>23200830
100% agree. they're financial and spiritual parasites

>>23200868
If I out bid a competitior on a grocery store bussiness, to cover costs to stay competitive on my next business purchase, I increase the price I sell groceries for.

This is how you make money. This is how inflation happens. Anyone who doesn't take the free money as a advantage, doesn't stay in a advantaged position (a elite) for long.

>>23200841
Ngl I think I'm starting to understand how this works, I just got confused by the lack of weights (in the title) but now I understand that a lot of listings have the weight in the description and the value can be estimated that way
Thanks for the assistance, Anon

>>23200868
>do you think he says "wow cool now I can buy lots more things!"
>No he can already buy everything
Wrong moron, they reinvest and park the money elsewhere instead of cash. An obvious fucking example is real estate.

>>23196276
BULLISH

>>23200994
>they reinvest
lol
now try reading my entire post genius
it's not even long I'm sure you can handle it if you try

>>23201045
So of you acknowledge that they reinvest, why are you arguing that inflation won't happen?

>>23200585
I swear this shit is minted by the Jews to ensure that normals ever take pm seriously and convince them that these are prepper delusion trinkets

>>23201143
I'm saying price inflation in consumer goods is muted.

Notice how >>23200696 fucked off after I asked him why he keeps bashing the book without evidence?

>>23201143
obviously the stock market is inflated, along with a lot of other investment-grade assets.

>>23201165
Remember if you mention Jews in any negative context you’re automatically a neo-Nazi Hitlerite Keynesian greenbacker that hates gold and silver

>>23201200
because most people are barely buying even the bear necessities because its all many can afford to do

supply / demand

low demand right now because consumer spending is through the floor ans has been all year

>>23201302
Kikes gonna jew, Nigs gonna Nog, and I'll bi Whites going to sell each other out and implode into a giant fucking War. Give me my gold and give me my land so I can get a good view of the end of the World.

>>23201465
>Give me my gold and give me my land so I can get a good view of the end of the World.

trouble is where can you choose to abode and be safe, secure, insulated and isolated from the turmoil?

Why are we OOOOOOOing in early Asia hours? Must be something to do with the impending weakening yuan

>>23200946
>but now I understand that a lot of listings have the weight in the description and the value can be estimated that way

A very useful tip when you encounter something promising lacking a stated weight is to see if there is a manufacturer and model number stamped on it, then you can search "sterling Empire 232" for example and locate other active or completed listings for the exact same item, but hopefully with a precise weight or at least measurements to extrapolate from. Same for silverware, if you see a juicy looking 8.5" spoon with no weight stated, searching "sterling Wallace Rose Point (design) serving spoon" for example would likewise probably turn up listings where the weight for the same item is given. More obscure items may require google searching, but it's not hard.

>>23200830
I took debt on in my life and always paid it back as my absolute top priority. My now ex-wife did not share this philosophy and racked up credit card debt to the point I had to file a Chapter 7 with my divorce.

The good thing being, now I really am debt free and can stack silver, invest, do whatever is necessary to never borrow a red cent again from anybody. I am truly free.

Picked up these peace and morgan dollars for $21 a piece today. The peaces have unfortunately been cleaned but all 4 pass the ping test and are the same width and thickness as my other verified 1 dollar coins.

Still might take them to a LCS to authenticate them somewhere down the line

>>23201681

>>23201677
>My now ex-wife did not share this philosophy and racked up credit card debt

Many such cases!

With the money supply increasing like this, how can we have deflation?

>>23201812
Fuck harry dent and fuck deflation fags.

>>23191369
If youre gonna pursue it you should probably run it back and try a few dates without sex or some shit. That feeling of "this is wrong to use her" wont go away. And if it does as you use her, that's not a good thing. Maybe it cant work and you should just tell her so but from your post it doesnt seem like youre entirely opposed to the idea. Either pursue the relationship or leave it be, dont just use her for her money.

I really wished I spent a few thousand dollars buying a monster box of maples last year. Looking at those prices now make me sick to my stomach!

>>23201700
lookin good anon. beatuful coins.
I don't worry about if mine are tarnished or cleaned. because if they're not rare or special numismatics then they're only worth melt when it's time to sell

>>23201700
>>23201681
Nice price on those anon, still looking good after they were cleaned

>>23200351
I am looking for a retrace to reenter the market. What is the expected low for a good entry point?

>>23190690
took inventory today

>>23190690
wow, didn't expect that, very humbling

anons, i'm in dire need of crypto atm and willing to sell 2 boxes (50 coins per box) of pristine st. george (pobedonosets) coins at 31$/oz, crypto only, can't wait for paypal to wire it
31$/oz is the lowest price here, can't buy cheaper, other than one coin here and there
they will come in a cloth bank bag, the yellow seal is cut though
absolutely new, minted in 2019
if anyone is interested, hit me up at admin@oldsilver.ru so we could discuss shipping and everything else

picrelated is the bag itself, picture taken by a.. friend who bought them in Moscow and then shipped to my folks

>>23200642

>>23201986
The obverse of the ase's is way to sterile but I personally love the reverse of them. That's the side that should be clean and tidy.

>>23202066
libertiddies

>>23201986
>>23202001
Thanks anons. I might artificially tone one just to fuck around. Apparently you can place them in a container with a fresh cooked egg and it'll give it a shitty looking patina because of the sulphur content in eggs

>>23202063
You fucking fag, what are you trying to accomplish. "retrace" to what 21? You're betting on trying to scalp like 15% extra while risking sitting out a 40%+ gain that could never be this cheap again. If you're just trying to trade, whatever, but if you're holding you should be buying even if it's dca

>>23201812
Money supply went up 30% in a single year, I'm not sure how deflation could occur in the long term unless velocity of money were permanently depressed

>>23201812
I'm sick of deflationary fags.

>>23202063
If it does retrace I only see it going down to 24 or 23.50
Definitely don't think its worth waiting but its your call anon.
Here's another pic with numbers

>>23202173
The domestic measures aren't the only thing that matters. Central bank hyperinflation of currency bases is always front run by the forex market. You would see hyperinflation in imports far before any macro-fischer bullshit would tell you that we are seeing inflation.

>>23202249
Although I will concede that if Central Banks turned off the monetary spigots today we would indeed crash into deflation so hard it would make the great depression look like child's play due to the severely low velocity of money and record savings rates. There is absolutely zero political will to turn off the spigots however, not in the US, not in China, not in Japan or in Europe. Deflation is much more painful to the (((bankers))) than inflation ever could be so inflation is what we'll get.

>>23202261
Where do you think silver is going? Will it finally break 30? If it does then what? Straight to 35? New floor where?

>>23202173
My understanding is that a huge % of that money entering the supply is being used to prop up the bond market. The government is buying up corporate and BBB bonds with zero discrimination. Also 3 and 5 year bonds are being pegged, I'm not sure about 10 or 30 year bonds. The money entering the "real" spending economy is only offsetting the money leaving it because people are out of work. All this info is from people way smarter than me and I'm sure I'm butchering the fuck out of the explanation.

Jeffry Gundlach is worth listening to on this topic. I'm sure he does a much better job than I.
https://www.youtube.com/watch?v=Hv9ZS5YmONU
https://www.youtube.com/watch?v=KYAPe7x_iZ4
https://www.youtube.com/watch?v=4hQucpxaW7U
https://www.youtube.com/watch?v=Gb6OtuW8DVI

These are all great listens imo.

>>23202329
I really don't think silver has sellers below 35 except for mines and super long term holders.

>>23202173
>I'm not sure how deflation could occur
It doesn't, the inflation shows up in different areas and we get a metric asston of misallocated resources.

>>23202066
>asahi kilo
my greatest dishonor is not buying one for ~600

>>23202402
If you haven't been here to watch silver long enough there are always massive dumps of contracts pushing the price down. Check pics posted in this thread.

>>23202329
'''they''' will never allow prolonged deflation because it would send the whole house of cards tumbling down real quick. The system needs a constant injection of money and debt. It's quite literally a Ponzi scheme, only they have the authority to print money and keep the scheme alive indefinitely. So nominal prices will continue to inflate but capital flight will take place into sound alternatives as faith is lost in the system.

So, yes, deflation is what would happen if there was no government intervention, but no one should be naive enough to think that will be allowed to happen

>>23202402
No clue man. TA only helps you see what is likely to happen in the immediate future. When old resistances are broken and new ones are formed, new TA comes into play. What I can tell you is that if it breaks those lines in one direction, the move in that direction will be violent. There are two main types of traders: resistance traders and breakout traders.
Personally I think silver will be on an uptrend for quite some time. But thats not based on TA, just macro fundamentals.

>>23202402
>>23202620
In regards to it breaking 30, I do believe that with the retracement from 27 to 22 and the current fundamentals that there is a very high likelihood of this current uptrend breaking 30 without a significant retrace. But please take that opinion lightly I could very well be totally wrong.

>>23200050
20k is measurement of carat weight, not purchase price you triple fucking retard.

>>23190690
Who’s baking lads?

>>23202955
Your mother. Shes pregnant with my child.

Hello son.

Hey guys, what Is the best way to put 2-5k in the UK into gold. is it best to just buy like PAX gold?

>>23202982

>>23203036
Yamana Gold (AUY) awesome, cheap and safe stock now even paying out a dividend of $.105 per share equal to about 2% 4x a year

>>23202484
That's right deflationary fags, ignore this.

>>23190690
SOMEONE BAKE DAMNIT!!!

>>23203036
Just buy a few ounces of bullion coins?

>>23202484
>>23203226
You are right. Money printing is inflationary and is used to combat against deflation, which at this point would be the natural direction for the markets due to increased prices, overleveraging and lack of jobs. But instead of letting the market crash and resolve the problem itself (painfully) the central banks choose to print money and postpone the problem for later, making the inevitable crash even worse

Baking

>>23203478
Based post it here when it’s done

>>23203478
Remember to link the previous thread this time

New bread

>>23203557
>>23203557
>>23203557

>dey tok abot defration?
>domp dorrars

>>23191842
The fed doesn't create money, it creates bank reserves. And just because bank reserves are created doesn't mean any new cash is circulating in the economy. There are 2 ways money can circulate in the economy:

1) Member banks can buy treasuries to give loans to the government which is as good as fiat since the government doesn't have to pay it back (technically they do but in reality they don't). The fed delivers reserves to the member banks in exchange for the treasuries, and it's up the congress to actually spend the treasury's new funds for it to circulate in the economy. As we know, congress/senate is holding up additional stimulus.

2) The fed issues reserves to member banks *in the hopes* that member banks will issue new loans against it. As you can see in pic related, those banks and the entire commercial banking sector in general is not lending.

The reason why the stock market is receiving any of the benefits of the Fed minting reserves is because by directly/indirectly purchasing bank corporate bonds, they are providing capital that is being used to purchase equities/etfs as opposed to being lent into general circulation.

https://www.barrons.com/articles/blackrock-is-biggest-beneficiary-of-fed-purchases-of-corporate-bond-etfs-51591034726

Of course that's just a drop in the bucket. The majority of the reason why the market went through a price recovery is because the Fed convinced the markets that it has taken action to hold up asset prices; the bulk of the buying in the stockmarket was investors playing musical chairs.

There's alot of moving part here. It's not as simple as

>money printer go brrr haha inflation go up

>>23203036
if gold goes to 3k you've made 50% with physical
if gold goes to 3k you've made 400% with Yamana

>>23193278
excellent book, I bought a hard copy

>>23193216
will give this a read