/biz/ - Business & Finance

>>26419146
First for Hitler

"Phone call with G - We are looking good. the time delays allowed for fixing of little issues like tailings etc - Deal with Ocean is good, done by a pro in our pay. We will get good news as it arises. Best to all."

https://ceo.ca/bhs?f8445734ad54

first for Precious Waifus

>>26419146

> 2017-01-30a - About the "Fascist" Salute
https://femto.pw/muj6.webm

>>26419146
>>26419182
The most based edition of /pmg/ yet

>>26419258
Cute.

>>26419146
hello PMG friends - can anyone help me identify this stamp? thanks!

anyone have these? do they feel as good in the hand and they look in the eye?

>>26419850

Have just bought a 2oz greyhound, will update next week

>>26419599
Kinda looks like a costume jewelry mark. Is that suppose to be AU? I believe real gold would be stamped with a number determining its purity.

>>26420377
its definitely not gold, it is costume jewellery, I was just curious about the brand.

>>26419599
freemason

A question for you merricans.
If your state charges sales tax on precious metals, those taxes apply even if you order from a different state, correct?

Is there any way to circumvent this? Or is your only option taking a trip to a state with more sane tax laws and buying there? Asking for a friend.

why do you guys keep buying gold and silver? I'm not trolling, I'm really curious

gold/silver doesn't seem to move much
they lie dormant for decades and then they do a few x in a few years but the upward move is still nothing compared to other assets and the likelihood of gold/silver dropping 50% seems just as big, at least in the short term
you guys keep saying its a protection against inflation but the gold price is literally below where it was over a decade ago despite trillions of dollars being printed and inflation being up hundreds of percent

aren't gold/silver just bad investments? especially when stocks seem to be better inflation hedges and provide some dividend

I guess you could say that the prices are being manipulated and I've heard that some big banks have been fined for doing shit in the gold/silver markets, but they've been doing that for decades and they're never going to stop

so what gives? please give a real answer, I'm actually interested

>>26420710
Lol didn’t read

>>26420683
The sales tax will be charged based on whatever address it gets shipped to, otherwise they have no way of knowing where you actually live (and I don't think sales tax is applied based on resident state the same way income tax is anyway). If you have a trusted friend or family member then you can try having it sent to them in a different state I guess. This wouldn't be illegal, just inconvenient.

>>26420710
>but the gold price is literally below where it was over a decade ago despite trillions of dollars being printed and inflation being up hundreds of percent
You're answering your own question for the bullish case for Gold. Or are you one of those "buy high, sell low" types?

>>26420710
I felt the same until one day I reached out my palm and the older gentleman dropped that shining miraculous metal, forged in the fires of suns into my palm. Felt my penis twitch as the coins weight was transferred to my hand. Heavier than it looks, I thought to myself. I saw a flash of my own image, radiant in shiny gold splendour, reflected back at me as the light crossed the face of the coin. Now fully engorged, my manhood strained against my latex running pants. I knew I had to have it. There is simply nothing like gooooooooaaa'uuuuulllllldddddd.

>>26420710
Stop hitting the enter key after each sentence.
Gold and silver do not generate money because they are money. Once you understand that, the rest will make sense. We live in a time where your government steals from the future to print money now, and debases is debasing its currency parabolically, because it is entering the end stage of fiat currency. Buying PMs right now with USD is like being given the chance to buy $100 for $1.

>but anon, why don't more people do it if its that simple and obvious?

Gold and silver are the only commodities on the planet where the price of underlying asset is "determined" by the derivative instrument (futures contracts). Consider for a moment how ass-backwards that is, just conceptually. Now ask yourself, how is it that every other asset class has risen in price except PMs? Inflation of the USD leads big money to seek shelter in stocks, in real estate (one of the big reasons for housing costs rising), dogshit US treasury bonds, in anything, except this strange little asset class where the derivative based price never seems to move enough to encourage people to park money in it. Oh, and the custodians on the GLD and SLV exchanges? HSBC and JPM respectively, both home to some of the finest economic hit men in the world today.

Now why would they bother to keep the price down? Obviously they can clear millions by swing trading a game they've rigged, but then they wouldn't also be buying piles of the "worthless under-performing" underlying asset, now would they. Not unless they anticipate the fair market value of that pile to be very, very high once the derivative stops dictating price. We're all just little fish, and some people are about to become disgustingly wealthy when this is all said and done, so the best we can do is try and make sure as many other little fish as possible get to ride the wave upwards.

>>26419182
>Kraut based and Final Solution pilled
moshi moshi?

>>26421677
>Jim is stacking even though he's fucking dying
Damn, what a guy.

>>26421201
based in excess

Is there anything more based than old silver? It's silver you can get under spot, it's silver on sale! Its worth its weight in gold (silver) but also has a numismatic premium, both increasing every year. It holds its value whether the economy is booming or the world is burning. They're antiques, art and physical history. Untaxable, untraceable, inflation proof and cant be devalued. Truly, the real currency of the world.

>>26422089

Completely agree. By the way, a /pmg/ anon made this.

>>26419229
I read that a couple hours ago. Bullish. The fact that he is still talking investors on the phone says a lot.

Which is better Mercury's or fdr dimes because I've been hearing a lot of things about mercs in some thread lately how is good for bartering but never mentioned the f d r dimes why is that

>>26422089
Where can you get old coins under spot? I have never seen silver coins go for under spot before

>>26421104
that's fine
>>26421183
I guess it could be seen as gold being severely underpriced but it could also be seen as gold not doing what it should. Maybe it is falling out of favor? The media has been pretty harsh on gold for a long time and now they are shilling bitcoin constantly.
>>26421466
>Gold and silver are the only commodities on the planet where the price of underlying asset is "determined" by the derivative instrument (futures contracts).
Is that true? Aren't the prices of oil, wheat, corn, etc also determined by futures contracts?
>custodians on the GLD and SLV exchanges? HSBC and JPM respectively, both home to some of the finest economic hit men in the world today.
Yes, there's no doubt that there is a lot of foul play in those markets by some really big players.
>Not unless they anticipate the fair market value of that pile to be very, very high once the derivative stops dictating price.
Makes sense but like I said, they've been keeping this up for decades. Who's to say we're not all dead long before it "collapses"?
Even now in peak corona times I see absolutely no signs of bankers losing control. On the contrary I just see them gaining more control, all the politicians were literally licking Powells ass during corona/fed talks. Digital dollar might be here soon and then UBI, they might just push this insanity out for another 100 years. Normal people just don't care as long as they can keep eating and buying shit.

>>26422089
Its fucking impossible to find silver coins here in Canada naturally.
I've got a solid collection of ones I've purchased, though

>>26422089
>It's silver you can get under spot
huh? you're not getting silver under spot anywhere. unless you mean getting these back in change or some shit.

>>26420710
I dont buy it as an investment, I buy it as a collectible

>>26420710

The price of Gold adjusted for inflation in its ATH is a tad over $9000 in today's currency, and this is using the CPI formula which has been changed and manipulated over the years to hide the real increase in cost of living. Silver's ATH adjusted for inflation is $850 in today's currency.

JP Morgan was fined about $1B for manipulating the silver paper market, which tells you that it's not a conspiracy, there is actual, real manipulation going on using derivatives and unbacked paper ETFs.

Stocks are only great inflation hedges as long as the FED continues to keep interest rates low and using YCC to make sure nobody wants to put their wealth into US Bonds, which diverts money into risk assets (stock market, crypto) because otherwise you're literally paying the government to hold your money. The problem is that while everyone is drunk on their gainz and stock markets reaching new highs, the rest of the economy is basically in shambles. But the same way your stocks could go up, the bubble can pop at any point and all your money will be gone with the press of a button.

Gold/SIlver should not be looked at as investments in the sense that they will grow your wealth; their job is to maintain it. Fluctuations in price will occur, and that's why you transfer in and out of that market when better conditions arise. Now is not that time.

For example - 10 years ago I paid $32,000 for a piece of property that today is valued at $270,000. Back then, 25 oz of gold would have paid for it. Nowadays you're looking at 135 oz of gold. It's obvious that real estate in this situation was a better option. But someone paying $270k for this property today will not see it appreciate 9x over the next 10 years if conditions hold, unless we enter a hyper inflationary period.

>>26422228
Merc dimes are mostly a meme. They have the advantage of being recognizable not "a regular dime" to the average person, who has probably never seen a mercury dime, which means you'll have an easier time convincing them it's silver. Functionally however, they carry higher premiums than Roosevelts and typically have less actual melt weight because they are older and more worn down. Upon resale that wear won't matter to people interested in face value junk silver (which is most people), but it's something to consider. On principle I refuse to get Roosevelt dimes because the idea that a piece of US silver money has the face of the commie fuck that confiscated gold and silver makes me too angry.

>>26422222

>>26422739
doesnt this mean mining stocks will collapse too

>>26422386
I think some anons are trolling about this. They claim they can get coins in yuropoor for under stop. I’ve gone to German eBay and they don’t sell under spot. Although I did pick up a lot of centimes and francs for at spot price. It was pretty good deal actually.

>>26422359
Oil, corn, wheat, etc do not have a central custodian that effectively gets to set a price. Think about how occasionally Russia or Saudi get in a pissing match and tank the oil price to screw with each other; OPEC doesn't like it but they don't have full control of the price of oil. Similarly, Russia, Ukraine, and the USA all export wheat and you can buy wheat futures from any of their national exchanges, but the price action of the wheat contracts are beholden to actual, real world stimulii. I.E. crop failures in China raising the price, or a rising preference for rice dropping it. This isn't the case for PMs. The COMEX is a futures trading system completely divorced from the underlying asset; there are over 80 paper 'ounces' of silver being traded for every 1 supposedly in custody, which means that contract swing trading dominates the price action. This happens to some degree in other commodity futures, like if I decided to buy a portion of a wheat future with the intention of selling higher soon. But most commodity futures are bought by people that intend to take delivery of that 10 tons of wheat or 500 gallons of crude oil, so the derivative instruments aren't the drivers of the price. In PMs, majority of people trading contracts are only interested in the contracts.

Until recently of course, when people began demanding delivery of metal and using the exchange as a delivery vehicle. This isn't them losing control anon, its simply that the scam has run its course, and its almost time to cash out and count the money. Here's a question for you, lets say the USA announces tomorrow that the digidollar, the US CBDC coin is replacing the USD. They won't do that until they can eliminate their outstanding USD denominated debt via hyperinflation. And this means that the US CBDC will have zero international faith or goodwill behind it after the USD just exit scammed them. Which means it must be backed by something besides air craft carriers.

The 5RMs are nice, chunkier and .900, but I'll always be a 2RM guy. In fact, I have four out for delivery today. Finally filling that tube. Will post pics when they arrive.

>>26420683
My state charges sales tax on purchases under 1,500. Some online dealers still don't charge sales tax but their prices are already high so it doesn't really matter. LCS might not charge you tax depending on their mood if you pay cash.

>>26423212
You cleaned all your RMs didn’t you?

>>26422580
^^^This. I don't own Roosevelt dimes on principle. It's like the Federal Reserve putting Andrew Jackson's face on the twenty dollar fiat bill knowing he would fucking murder them if he were still alive.

>>26423295
Yep. Zero fucks given too. I don't plan to part with them, and they sound better when fondled.

>>26422996
Look up how gold mining stocks performed during the great depression

disregard fiat
acquire ancient mystical knowledges

Is there any point to keeping a coin inside these little cardboard square if it's not actually graded? I want to fondle my junk.

>>26423212
God damn those things really are small

>>26419146
Please stop with the racism and antisemitism or we won't be having a general thread next time.

How do I get started on investing in gold? Do I buy stocks or physical gold, and if the latter where the fuck do I put it?

>>26423488
In your desk drawer like most of us here.

>>26423458
Keeps it protected and makes it easier to put in albums.

>>26423477
>Please stop with the racism and antisemitism or we won't be having a general thread next time.

>>26423477

>>26423488
I don't want to sound mean or anything but we've been getting these questions every thread for the past few weeks and there's a lot of good discussion in the archive. Check the links to previous threads in the OP and start your research there.

Can you actually buy nazi bullion / coins or is it illegal?

>>26423458
I take them out and throw them loose in a a treasure chest like a pirate. It’s up to you, those cardboard slips are ugly as fuck.

>>26423458
whats the obsession with burgers having generic coins graded or in those paper packs?
I just have my Reichsmark coins (among other old silver) piled up in a first aid car box.

>>26423588
Is that where you also store your dildos?

>>26423684
Yeah well you know what I'm asking again, fag. Maybe you should fuck off to plebbit if you don't like it.

>>26423753
Only technically illegal in France, but in other freedomed countries you will go to jail for some time if someone notices you have a memorabilia and then complains ("injured feelings" law).

>>26423753
Why would it be illegal? They’re even sold on German eBay.

>>26423458
>I want to fondle my junk.
degenerate phillistines

>>26423488
Buy a safe. 200kg minimum and bolt it down to concrete wall with two anker screws.

>>26423856
>asks question
>gets answer
>starts bitching
back to your hole cryptofag

>>26423458
Nope. Set your coins free, fren.
>>26423465
Between a quarter and a yellow dollar. Pic rel.

>>26423753
The reichsmark coins are all over ebay, the one the size of a silver dollar is like 40% silver I think.

I don't know if actual nazi bullion is available, I've never seen it, would love to own some though.

>>26423477
kys

>>26423934
The 2 reichsmark is .625, and the 5 reichsmark is .900

>>26423450
I've been thinking about this a lot lately. Isn't it sort of a bad comparison to make given that gold was at a set price in that period, while currency had deflated?

>>26422520
so i know buying silver right now is a great idea. but would buying gold right now also apply?
im afraid prices will drop significantly.

>>26423856
Lurk more

>>26424141
I would argue gold is the safer investment

>>26422205
that was me, did I speak to you about it a few threads ago? I only noticed then a mistake I had made. somehow I managed to put a picture of an Edward VIII halfcrown instead of the George VI half crown in the bottom right. How I managed that I don't know since no Edward VIII coins were ever circulated. here is the updated chart. I will go back at some point and add in the info for the Scottish and brass variants and small design variations.

as for
>>26422309
>>26422375
>>26422386
These coins haven't been in circulation since 1971 when we changed to the decimal system. There are plenty of places to find under spot, it just takes patience. For example 4 of those half crowns I bought from ebay for £9.50 and at .500 silver they yield 28.28g of silver. Thats 0.91ozt at £10.44 ozt

>>26424039
>The 2 reichsmark is .625, and the 5 reichsmark is .900
The bongaloo is .781 and the frankish jingaboo is .671 if minted during easter and .208 otherwise (except on saturdays). Europeon allah akbars are .429 silver when the minting master is a handicapped transvestite, otherwise .243, but the commemoritives are a random purity betwene .234 and .298.

Fuck I hate europe

>>26422359

>Even now in peak corona times I see absolutely no signs of bankers losing control.

Picture related. The second the system breaks, Bitcoin goes to zero, stocks and real estate plunge 90% in real terms, and gold soars to $15,000 an ounce. Russia now owns more gold than dollars. China has 40,000 tons. The world is preparing to dump the dollar and go back to gold.

>>26423488

GDX, GDXJ, SIL and SILJ are the trusted indices of the miners. You can't go wrong with them. PHYS and PSLV are trusted ETFs for physical (_not_ GLD and SLV). You can also use GoldMoney, BullionVault, Kinesis, Glint, or OneGold. If you buy physical, simply hide it somewhere.

>>26422996

When stocks crashed 90% during the Great Depression, Homestake Mining, the ancestor of Barrick Gold, rose 600%. In previous miner bull markets the average silver small cap has gone up over 150x.

>>26424068

The currency was only devalued by 59%. Homestake Mining rise 600% and that was a large-cap. Mean-while, all other stocks crashed 90%. Also, this time the crisis will be hyperinflationary, not deflationary, because we use fiat money which can't be shored up by confiscating gold and using it to devalue the currency. Think Weimar Germany where you could buy a 6-bedroom mansion in a fashionable street in Berlin for only 5 ounces of gold.

>>26423477
NEIN

>>26424305
>GDX, GDXJ, SIL and SILJ are the trusted indices of the miners. You can't go wrong with them. PHYS and PSLV are trusted ETFs for physical (_not_ GLD and SLV). You can also use GoldMoney, BullionVault, Kinesis, Glint, or OneGold. If you buy physical, simply hide it somewhere.

Thanks for being the only helpful anon in this thread. Unlike the rest of the retards in here.

>>26423890
Sorry, to clarify, I meant I wanted to jerk off while holding the coin, not fondling the junk silver itself.

The Commemorative 10 Deutschemark coin I ordered arrived today. Not in the best shape, but I'm not complaining since I bought it at spot.

>>26419182
88 brother, how much silver should I buy?

Here's the other side.

>>26424141
Silver is more volatile than Gold as far as prices go, but of course it's a lot cheaper to start stacking with. You can buy 1/4 or 1/2 oz of gold, but you will be paying higher premiums than if you bought in higher quantities.

Gold is the safer bet if you're looking to simply maintain your capital. It's likely that we'll see fluctuations in price in the short term (we touched $1800 this past week), but the trend is that it should be rising from here. Take into consideration the fact that LCS and online dealers can't keep up with demand for physical bullion right now.

Silver has more upside potential, lots of analysts predict it will be between $40 and $50 by EOY; it's a pretty sought-after metal for the EV market, so there's some upward pressure there as long as we continue the sad, inevitable murder of the internal combustion engine.

At the same time if the derivatives market and unallocated paper ETFs disappear, Gold prices could explode overnight. We're in uncharted waters at this point.

>>26424444
digits of a profligate

>>26419229

This is very exciting news.

>>26424305
>the ancestor of Barrick Gold, rose 600%. In previous miner bull markets the average silver small cap has gone up over 150x.
whats the point if the money isn't worth anything anyway

>>26424446
>>26424565
You know european silver cins are worth less than melt because of the expenses involved in refining them up from around .5-.6 (usual purity) right?

>>26424267
>Fuck I hate europe
I'm fine with the variable purity, what I hate is that a lot of countries (France, Germany, Austria, etc.) didn't follow a size-to value ratio with their later coins.

>>26424662
Swedish silver coins are .4 purity because they have a lower quality people, with lower IQs, just like mexican silver coins are .1. It's true, actually 10% silver purity inmexican silver.

>>26424621

Hold the stock until it can be liquidated into (fingers crossed) a gold backed money or something that can actually buy you things

>>26424621

>whats the point if the money isn't worth anything anyway

Depends on what you mean by "money." I'm talking about real purchasing power. Fiat is irrelevant. Small cap silver miners will buy over 150x more real estate, oil, wheat, gold, copper, stocks, etc., than they can now by the time this is all said and done. The currency could hyperinflate into oblivion and a loaf of bread could cost a trillion dollars and you would still own every share in your portfolio. Nor do you need to cash them out into dollars. You could cash them out into a gold-backed currency like the future rouble or yuan, or simply hold on and wait for America to issue a new dollar, or stick with miners which will pay you in physical gold dividends (like Resolute Mining).

>>26424883
>which will pay you in physical gold dividends
so they ship out bullions to people world wide? will they ask you for your email address or what

>>26424662
Yes the coin I bought is .625, but it's difficult to find Olympic Commemorative Coins close to spot. With this coin, I now have Silver coins from the 1964, 1968 and 1972 Olympics.

>>26424662
This why I don’t like British coinage. Although if things got really bad I figure people would be buying it or using it not to melt it down but purely for its silver content.

So I have about 50 ounces of silver and am looking at buying some gold finally. Most of my net worth is in mining stocks. I'm curious if anyone has much experience with european sovereign coins. I live in leafland so I'm not sure if I would have liquidity issues with them when I get around to selling, but they look so much nicer than modern bullion, and I love the edwardian/victorian aesthetics.

>>26424987

Resolute paid the dividends into an account at the Perth Mint. But you can collect the gold from the account if you really want to. Similar to the way GoldMoney works. Shipping gold isn't a problem.

Bayhorse Silver is going to ship silver doré dividends directly to their shareholders, and they are only a small one-mine producer with a $12 million market cap: https://ceo.ca/@newsfile/bayhorse-amends-terms-of-7500000-unit-non-brokered.. If they can do it any one can.

Thoughts on liquidating your entire gold/silver stack for supporting downpayment? Basically my gf is nagging how she's the only one 'saving for our future' and how I always have 'no savings', and how the end of the world scenario I'm talking about will never come. I have about 180oz in silver and 2oz in gold.

I live in Toronto Canada so housing prices are so retarded here but there's a massive dip in condo prices right now (everyone fleeing the city for suburbia/bigger space), so if anything now is the time to get into the market if I decide to.

Also where do I even go to sell my stack? Banks or some corner store pawn shop? I REALLY DO NOT WANT TO SELL but I'm close to capitulation. I also have about 5k XRP and there's no fucking way I'm liquidating those - would rather liquidate my physical stack first if I had to.

>>26419146
total noob here. where can I buy nazi coins? genuine ones

>>26424987
Billy, why do you think they need your ID and a mailing address if you open a real boy brokerage account?

/pmg/ frens I just sold all my crypto and want to buy 500 oz of silver. What is the best way to do this, I don't really trust the mail

>>26425228

I have just bought some from ebay, there are a few fake/novelty ones though

>>26425220
Tell your gf to shut her whore mouth. If you’re gonna be a cuck you can sell them to any pawn/coin shop although you’re only going to get spot value MAYBE 1% premium if they’re a generous shop. If you want to get a better premium setup a shop on eBay and sell them for 5-10% premium, if it’s a low premium they’ll go fast on eBay. Just make sure it’s high enough to pay eBay fees too.

>>26425060
The costs of refining are not a percentage of silver value though, they are a set cost for a particular quantity

>>26425220
>liquidating your real wealth instead of the shitcoin that’s eventually going to zero
I’m sorry to say this but you will never make it

>>26425190
Physical dividends from owning shares of mining companies is a nice way to accumulate physical, in my opinion. Spend your capital on as many shares of quality mining company stocks as you can, as early in the bull market as you can, while also establishing a small emergency physical collection (nothing like this dragon tier stacking). Then, just HODL and wait for your portfolio companies to increase in value enough to start offering shareholder dividends, and then just take delivery of physical if the company has that option. I imagine that many mining companies will ultimately offer this option. This is simply my view on things, not saying it is right for anyone else.

>>26425311
only choice would be a coin shop then

>>26425436
Yes. It’s harder to refine it. It’s not as cost effective, lower desirability, lower premium.

>>26425311
UPS delivery is also a possibility if you don't count that as "mail"

>>26425220
>liquidating real money for currency
>to buy a condo in the city
>which will burn first when the hyperinflation and riots hit

NGMI, you need to get OUT of the city. Tell your gf to shut her whore mouth and that savings only means shit if you SURVIVE

>>26419146
found this 100 years of victory over napoleon 3 mark coin in the melt bin

>>26425460

If I heard that a mining company was offering a metal dividend, I'd rush into it as swift as lightning. I'm sure that other people have the same mindset. Offering gold and silver dividends will be in the best interest of these mining companies as the bull market progresses. And even if they don't, there's usually a narrow window of time in which to cash in shares for fiat and then use the fiat to buy metals, even if inflation is very high. The only danger is if you get caught out on Ragnarok day when the banks all fall apart and the COMEX defaults.

>>26425220
If you have to sell something, sell your silver. Not at a pawn shop.

>>26425220
>selling your safety net
just work overtime, and next time have some cash in hand for stuff like this.

Hi I have rotten teeth, an inability to create a business or invent anything, I go to jail for looking the wrong way at celebrities and politicians, and I randomly debase precious metals. What purity will my silver be today? I think it will be .528219, yes indeedio! I'm a stinky europeon and I have no rights.

>>26425220
>wants to liquidate his PM
>wants to buy a house at the peak of a housing bubble
>listen to a woman's advice
Unironically NGMI.

>>26425220
>>26425830
hes kinda right with everyone bailing out of city its a terrible time to buy housing unless its land and you jut put an rv or such on it

>>26425747
This image is ironic because because Vittorio Emanuele III stabbed Mussolini in the back in 1943 and surrendered to the (((Allies)))

>>26425550
The cost of refining it doesnt scale with its value, much the same as the cost mining it doesnt

>>26425830
Do people not understand what diversification means. Why would you take on such an unnecessary risk.

Actual picture of europeons trying to create a silver coin. This is why it's a random fucking purity every time. God I hate these savages.

me make silver coin for king grug

>>26425707
Eventually, if what we think is going to happen to the dollar actually happens, mining companies may have no choice but to offer shareholder dividends in physical (and only physical). Maybe I'm just an aggressive investor, but I'd rather use my limited capital now to purchase leverage early in the bull market, where I can get more shares, which may ultimately mean more physical in the form of dividends later down the road, than continuing to add to a physical stack ad nauseum for months and months on end.

>>26423295
How did you clean them?

>>26426485
wonder how the deliveries would work for people outside of America

>>26426520
I don’t. I like to think that the desert fox or himmler himself held my coins. Cleaning them would be like wiping that away.

>>26425311
I got 1600 oz of Silver delivered to me via USPS about a month ago. Was very nervous about it, make sure to discuss with your online dealer whether they insure their shipments just to be sure and then make sure to be home when they deliver.

The packages will say "Signature Required" but in Covid times they will just dump it on your doorstep and bail.

>>26424238
>I bought from ebay for £9.50 and at .500 silver they yield 28.28g of silver. Thats 0.91ozt at £10.44 ozt

your a genuine retard

>>26426622
Sorry, wrong guy. Interesting thought process though

Wanted to ask >>26423373 how they cleaned them

>>26426820
yeah I had $6k worth of metals just left in front of my front door a couple of months ago even though it was signature required, they didn't even ring the doorbell, was pissed when I found it and was tempted to tell UPS that I never got it.

>>26426903

How is he a retard?

I work it out as £10.36 per ozt?

Retard seems a bit much for 8p

What ratio do you keep silver to gold? Trying to plan out future stacking, before I get a boat.

>>26426485

As Peter Schiff said, you buy precious metals simply as insurance, but you buy mining stocks if you are _extremely_ bullish on precious metals. I have an amount of capital in these mining stocks which most people would be terrified to invest. But even I am not passing by this opportunity of a life-time. At a time like this I want all the power and influence I can get. If the Big Tech tyrants censor us, I will fund alternative platforms or build my own. If the authorities persecute freethinkers in the institutions then I will fund alternatives. I will find every freethinker who is speaking the truth about what is going on in the world right now and amplify their voice. Ignoring mining stocks to me would simply be compromising from a lack of belief in my own convictions.

>>26424238
>>26426903
>>26427388


He can scrap it right now online for £ 15.20

>out of nowhere,
>a wild Anglerfish Team appears!

ok boomers hand over the gold!

>>26427594
*appears*
^_^

>>26427522
I have never bought a single stock or shitcoin.
Sell me on buying some mining stock instead of physical.
What's the gain as opposed to the risk?

I have like €5k to invest at the moment.

>>26427522
FEELING BULLISH BOYS


>>26427452

I had a lot of money to convert right away and decided it made more sense to go 60/40 on G:S ratio. Some people advocate you go with with the ratio of prices which is 1:71 right now. But from now on I'll only be buying silver since I feel like my Gold allocation is already at a decent spot.

>>26427522
You will succeed in this venture, I'm sure of it. And I share your appreciation and longing for an open society.

>>26427452
1:12
aiming for the divine ratio of 1:17.5

>>26427522
I just see mining stocks and PMs the only way to retire before the age of 40 for someone who isnt smart enough for 6 figure jobs
but maybe basic universal income in the form of new digital currency that will be removed from your account at the end of the month will be the new norm in 5 years

heil dero

Weren’t there supposed to be Digital Dollar accounts everywhere by now?

>>26427718

Junior miners are going to outperform 2011 Bitcoin. An example which I have given here again and again is that the average small cap silver miner went up 150 times in '60s when silver doubled. First Majestic and many other then-small caps did the same thing and went 150x in the '01-'11 bull market. As it stands, silver would have go not merely double but nearly 40x to reach its inflation-adjusted ATH of $966. 150x sounds impossible but it really isn't. I know of a company which has a $12 million market cap. There are detractors who attack it and say that it can't get into production. But if it does, it can produce a million silver ounces a year at a cost of $10 per ounce. Mining stocks in miner bull markets often get to a 30x cash flow valuation. So the stock might go 100x at $50 silver, 500x at $200 silver, 1000x at $400 silver, and 2000x at $800 silver. That's an extreme example and an example of an extreme risk-stock, but you can calculate the numbers on any number of safer silver producers and find similarly absurd gains as a result of simple mathematics. And there aren't many of them around. There are only 18 silver companies which even produce a million silver ounces or more per annum. Their market caps are so small right now that the BTC market cap could buy all of them along with the annual investable supply of silver 10 times over to boot.

There is a risk involved in buying small producers or drilling companies, but as you go towards the larger market caps and larger producers you get increasingly derisked. And if you buy an ETF like SILJ then you own dozens of different producers in dozens of different countries, thus derisking yourself almost entirely. Those are mid-tier producers, not small caps, but even so I expect that even SILJ would go 100x at $400 silver. For example, First Majestic (today a mid-tier producer) is one of the largest holdings in SILJ, and it has been calculated that that stock would go 10x at $50 silver alone.

>>26425220
> Thoughts
retarded idea, housing in this forsaken city could drop by 80% I still wouldn't buy here.
I just need to get out of here its becoming unbearable, you should consider the same.

Ive been arguing with a friend who's heavily invested in crypto these past days and could not convince him that PM's are a safer investment.

Is there an actual chance that someone could just Thanos Snap crypto out of existance?
Like if Biden went and decreed that the crypto market would be heavily regulated, wouldn't that wipe out a massive bulk of it's value basically over night?

>>26427522
I don't like advertising, but someone is making activitypub federated imageboard software here: https://github.com/FChannel0

Programming anons pls help out.

>>26427718

Junior miners are going to outperform 2011 Bitcoin. An example which I have given here again and again is that the average small cap silver miner went up 150 times in '60s when silver doubled. We saw even greater gains in the 70s and 80s. Andin the '01-'11 bull market, First Majestic and many other then-small caps did the same thing again and went 150x. As it stands, silver would have to go not merely double but nearly 40x to reach its inflation-adjusted ATH of $966. 150x sounds impossible but it really isn't. I know of a company which has a $12 million mcap. There are detractors who attack it and say that it can't get into production. But if it does, it can produce a million silver ounces a year at a cost of $10 per ounce. Mining stocks in miner bull markets often get to a 30x cash flow valuation. So the stock might go 100x at $50 silver, 500x at $200 silver, 1000x at $400 silver, and 2000x at $800 silver. That's an extreme example and an example of an extreme risk-stock, but you can calculate the numbers on any number of safer silver producers and find similarly absurd gains as a result of simple mathematics. There aren't many of them around. There are only 18 silver companies which even produce a million silver ounces or more per annum. Their market caps are so small right now that the BTC market cap could buy all of them along with the annual investable supply of silver 10 times over to boot.

There is a risk involved in buying small producers or drilling companies, but as you go towards the larger market caps you get increasingly derisked. And if you buy an ETF like SILJ then you own dozens of different producers in many different countries, thus derisking yourself almost entirely. Those are mid-tier producers, not small caps, but even so I expect that even SILJ would go 100x at $400 silver. For example, First Majestic (a mid-tier) is one of the largest holdings in SILJ, and it has been calculated that that stock would go 10x at $50 silver alone.

>>26428427
I think that would just mean Monero moons while everything else craters

>>26428354
Sounds pretty solid, can any other anons with experience peer-review this assessment?

>>26428588
>>26428523
repost

>>26428588

See this post, had to correct a few mistakes. >>26428523

Bear in mind also that these mining stocks offer quite as much leverage to the downside as the upside. So they will either make or break you. If silver crashes then they will crash 5x faster and probably go bankrupt.

>>26428427
>wouldn't that wipe out a massive bulk of it's value basically over night?
that's one scenario i see possible.
crypto has largely been left unregulated by govt since the blockchain and bitcoin was first started.
why, idk. either they don't know how to go about it, like they just can't decide, or they're waiting to see the crypto develop its own system and patterns before they take significant action.
it will not be left unregulated forever, and when it does become regulated, any potential "profits" off of crypto trading, will be absorbed, siphoned off by the central banks or the govt and it will become another worthless fiat currency like any other.
dammifino how that will happen. but I'd bet money on it.

>>26427532
simmer down pal. its just a quick calculation to work out what price I paid per ozt, the whole point was to show that it is possible to buy well below spot. I could get £5 each for them, that's not the point.

>>26428751

The guy called you retard, I was merely defending your honour.

I love my pre decimal coins

>>26428427
>Is there an actual chance that someone could just Thanos Snap crypto out of existance?

Yes, the Sun and a potential solar flare that takes out the power grid somewhere. Or China if they decide mining is no longer profitable.

It's unlikely that Biden/Yellen or the Euro central bank could take cryptos to 0 with the stroke of a pen but they will make it more difficult to transact, and any exchange looking to do business in USD/Euro/Whatever will need to follow those rules. Heavier regulation will probably affect the price of cryptocurrencies, but I don't think it will take established projects to 0. But it will make it more difficult for big "institutional" money to participate because they're already heavily regulated. Speculative shitcoin ponzi schemes will probably vanish overnight though.

Thing is, BTC is not and will never be a store of value because it depends on a decentralized infrastructure to function. The only people who believe it's a store of value are whales who have been accumulating and holding from the time BTC was worthless and who are selling the idea to normies to get rich. To them they've basically created immense wealth out of nothing. But someone who bought BTC at 40k because they were sold the idea that it will be 500k by EOY is someone who's simply gambling with their money. It will crash, as it always does, and it will crash much lower than the ATH. Entirely possible we see gains from here, but if history repeats itself the HODLER crowd that bought in way too late will get burned.

>>26428639
That comes with the territory.
So you'd suggest any one in particular or more of a spread pattern?
I suppose if it does moon they all moon together so it wouldn't be an issue.

>>26428832
sorry, I am a genuine retard and can't read

>>26419146
I bought $50 FV of mercury dimes from a vendor, and 6 of them were roosevelt dimes. All 500 were there. Is this worthwhile to complain about or easier to just let it go?

>>26429020
kill them johnny, kill them all.

>>26429020
I’d say so, you no doubt paid more to have Mercs. Seems like a scummy move by the company

>>26428979

If you don't know what you're doing, the safest thing to do is to buy one of the ETFs. "GDX" is large-cap gold miners, "SIL" is large-cap silver miners, "GDXJ" is mid-tier gold miners, "SILJ" is mid-tier silver miners. I also recommend to start by reading Don Durrett's articles on SeekingAlpha:

"Best Silver Mining Stocks"

https://seekingalpha.com/article/4393575-best-silver-mining-stocks

"How To Ride This Precious Metals Bull Market To The Top"

https://seekingalpha.com/article/4376036-how-to-ride-this-precious-metals-bull-market-to-top

"Top 10 List For Gold/Silver Miners"

https://seekingalpha.com/article/4389175-top-10-list-for-gold-silver-miners

He's a lot more conservative than I am, and only buys a very diversified selection of mid-tier producers, but that's probably a healthy mindset to have for a new investor. I also recommend making use of a website called "ceo.ca" where you can put in the abbreviation of any company name (like "FR" for First Majestic) and read all the financial information as well as the chat, which is full of experienced mining investors. If you want a couple of small cap recommendations then I can recommend Dolly Varden and Blue Lagoon as safe ones, I gave the case for them in these posts: >>26382103 >>26382189

>>26429295
Buying miners sounds like a solid chance to make it. Even if it doesn't blow up massivel, it's still a good investment.
Certainly beats getting shitcoin stink all over my hands

>>26428639
What are your thoughts on "dragon tier" stacking of physical PM's (thousands of ounces)?

>>26428639
the positive leverage effect of miners is purely speculative. When juniors exploded 10-50x in the last bull run, very few of those companies were profitable for any substantial amount of time.

Meanwhile a lot of bigger gold corps are profitable down to ~$1200 gold or $10 silver.

Treating miners as leveraged metal is moronic. Treat them individually as businesses, because thats what they are.

>>26428410
I'm also in Toronto, and I agreed completely. This city was pretty okay twenty years ago, but it is complete dogshit now. Don't buy here. This place is the dunning-kruger effect taken physical form.

>>26419146
gave my cousin a couple of these and some fractional gold
hope he doesnt spend it on fortnite emotes and onlyfans

>>26422375
>Its fucking impossible to find silver coins here in Canada naturally.
I got a ton by buying lots of old 50 cent coins, since pre-1968s are 80% silver

>>26423212
damn i want some of these

>>26429867
The design on that coin is badass, what is it?

>>26429458

I never understood why somebody would gamble on crypto when you have small caps to speculate on. If you believe that the financial system is about to fall apart then you know that metals are definitely going to soar. Which means that miners are definitely going to soar. So why bother betting on the idea that Bitcoin _might_ become money (as a matter of fact it never will) and go 100x, when you know that mining companies _will_ go 100x.

>>26429475

There's nothing the matter with it, it's simply more conservative than buying miners. Ultimately it's what any mining stock investor is going to do.

>>26429684

>When juniors exploded 10-50x in the last bull run, very few of those companies were profitable for any substantial amount of time.

Most juniors don't make profits, so profit doesn't come into the matter. They are mostly explorers and valued on the basis of their resources. Producers have often traded at 30x cash flow valuations, generally at about 10x, those are simply facts.

>very few of those companies were profitable for any substantial amount of time.

Somebody who gets into miners is buying the bottom now, not the top. It's equivalent to the early 1970s or 00s, not 1984 or 2011.

>Treating miners as leveraged metal is moronic.

Treating miners as leverage is the most rational thing in the world. If you know a company's production and mine-life then it is the easiest trade of your life to calculate what they will be making at such or such a silver price and buy them as leverage. Only thing that can set you back is a black swan or bad management, and even that won't stop if you if you have a diversified portfolio or buy an ETF.

>>26430156
its Leopold V Austrian silver
yea its pretty nice my cousin liked the design alot

>>26419146
Buy pm is based

>>26430156
Austria Mint, they do some brillant coins and not too high premium either sometimes.

>>26428969
>>26428427

An addendum to my comment about Central Banks and crypto is whether they are desperate enough to come out with central-bank backed Cryptocurrencies of their own, in which case they have no other option to ban every other competitor much in the same way they have done time and time again throughout history. They did this in the 30s when it was illegal for citizens to own and trade gold in the US, in the 60s in Britain etc. Basically you will own FEDCOIN and everything else will be outlawed.

Crypto will still not go away, but the only people who will remain in the space are the same type people that were into Bitcoin 9-10 years ago. There will be more of them, but the threat of being unable to convert your crypto into something you can buy legit goods and services with will crash its value like nothing else.

Personally, if this happens it's likely they'll outlaw Gold/Silver as well; except you can dig a hole in your backyard and bury your stash and wait for normalcy to resume, as it has historically done so.

>>26430480
this will never happen. the government would be overthrown today if they tried to outlaw gold/silver

>>26424444
based

>>26428969
It’s so tiresome hearing boomers talk about crypto as it’s just btc. Your stupid solar flare apocalypse scenario will fuck up the world so badly peop,e will wish they had bought mres and ammo instead of gold and crypto.

The projects coming out now are going to be massive, but people like you will miss out because you stubbornly cling to the notion that it’s all about bitcoin and bitcoin is a ponzi.

>>26430682

There is nothing any cryptocurrency can do which a gold-backed crypto or physical gold can't do better. All unbacked fiat cryptocurrencies are going to zero.

>>26430385
>>26430470
Thanks, I might look in to them (if they’re reeded of course)

henlo

>>26430763
Proving my point exactly. Can gold pull and index data off of a blockchain for ease of use? Perform push and pull queries via smart triggers? Can it oracle data? Can you swap gold in flash loans so you can use it’s value to generate returns whilst holding it?

So much more is happening in crypto than just transactional currency.

Ironically soon you can probably lend gold backed tokens in the same way you can lend stable coins.

>>26430682
>Your stupid solar flare apocalypse scenario will fuck up the world so badly peop,e will wish they had bought mres and ammo instead of gold and crypto.

He asked for an example of something that could "Thanos Snap" cryptos out of existence and I gave it to him. The rest of your point is valid, but you're in a thread where people already do this, so you're preaching to the choir.

Also bold of you to assume I don't have some crypto holdings of my own, though at a much smaller volume than PMs and real estate. We talk about BTC because crypto advocates call it Digital Gold, when it's clearly not.

>>26430623

They did it when gold was in circulation as actual money in the form of coins and the government wasn't overthrown. Sure, we have the internet and people are much more distrustful of government today than they were 90 years ago, but you know that most normies wouldn't care because they don't own any.

>>26428427
BTC is a ponzi. A brandname boomertech crypto in a technology driven space. You get identical functionality with BSV, dogecoin, etc. Most whales are Chinese and so are like 70% of the miners.
Token based coins perhaps have a future but I doubt most people or even institutions would be able to take the almost confrontational stance to central banks that is needed. I.E. when the central banks decide to "regulate" coins a lot will crumble because most of the "HODLers" are just in it for the speculation not for the ideas behind the fact that these coins are MEANT to antagonize central banks.
As an example, I think Monero is at least honest. The people who are into it are entirely of the mindset that they will probably be targeted by central banks and policing agencies. It is also, not surprisingly, used for drugs which was the original use case of BTC.

>>26430623
The same could have been said a couple years ago about mandatory lockdowns, forced vaccinations, the destruction of small businesses and the economy, contract tracing (surveillance state on steroids), etc. These things have been happening for ten months and no violent insurrections yet.

>>26430801
Is that legal tender?

>>26430623

>this will never happen. the government would be overthrown today if they tried to outlaw gold/silver

I'm not so sure about this. If the masses have submitted to such an unprecedented amount of slavery so far I don't know what they wouldn't submit to. Most people don't understand why gold is so important. Most people accept the moral case for enormous taxes and a socialist welfare state. You can't have socialism without inflation, inflation is simply a kind of tax, and if you buy gold then you are protecting yourself from that tax. That's how the British government justified confiscating gold in 1966, they said that "speculators were weakening the pound."

One "soft" way to confiscate gold today would be to introduce an unrealised capital gains tax. You could use the fake CPI numbers to treat gold as a speculative investment rather than an inflation-hedge. Also impose some kind of draconian penalty like 15 years in prison if people fail to declare all their gold and silver holdings. This is why people should be diversified with mining stocks, overseas holdings in vaults, and second passports.

>>26430989

Any cryptocurrency which has a unique use-case can be replicated and backed with gold. Blockchain technology, for example, is already used by Kinesis. Any cryptocurrency which is fiat and unbacked will immediately go to zero after the dollar dies, because all the nations of the world are preparing to return to gold and will both trade for and tax their citizens in gold. The technological trappings of cryptocurrency are only useful (if they are useful) when applied to money, and no fiat cryptocurrency is or ever will be money.

>>26426049
>>26426129
Here's a small sampling of 20th Century European Silver. In the picture you have:
>1960 Greece 20 Drachmai, .835 Silver (actually a very common purity in Europe)
>Maria Theresa Thaler, .833 Silver
>1966 Spain 100 Pesetas, .800 Silver
>1938 Yugoslavia 20 Dinara, .750 Silver
>1937 Irish Florin, .750 Silver
>1958 Austria 10 Schillings, .640 Silver
>1972 Germany 10 Mark, .625 Silver
>1941 UK Half Crown, .500 Silver
Also used in the 20th century is:
>.986 Silver used in Silver Britannias before 2012
>.925 Silver used by Britain and Ireland pre-WWI
>.945 Silver Used by the Netherlands pre-WWI
>.900 used by LMU countries for large coins and a few other countries
>.720 Silver used by the Netherlands after WWI in tandem with .640 for small denominations.
>.700 Silver very briefly used by Hungary
>.680 Silver used by France after WWI
>.650 Silver used by Portugal
>.600 Silver used by Turkey and for some Swedish coins before WWII
>.400 Silver used for Swedish coins
>.350 Used for some Finnish coins
There are a lot of countries I didn't list that used several of these purities at different times simply because listing each country next to all the purities it used would take too much time. What makes this especially absurd is that some of these purities were only used for a few years.

>>26431287
Why would that matter?

>>26431256

Add to this, the only reason why we have all this tyranny in the first place is because we don't have a gold standard. The government wouldn't have the money for all this totalitarianism if they didn't the power to confiscate an infinite amount of money via inflation. This is the trouble when you have a fiat currency, you become a slave. You have no way either to restrain the government or to protect the fruits of your labour. As Howard Buffett said, "human freedom rests on gold-redeemable money." He said that "foreign war and ruthless regimentation" would be the inevitable result of fiat money, and that is exactly what we are seeing today.

>>26430801
OH NO NO NO

>>26431532
Sure but I imagine it gives more opportunities for such coins to be incorrectly priced.

>>26431624

CGT

>>26431256

Add to this, the only reason why we have all this tyranny in the first place is because we don't have a gold standard. The government wouldn't have the money for all this totalitarianism if they didn't have the power to confiscate an infinite amount of money via inflation. This is the trouble when you accept a fiat currency, you become a slave. You have no way either to restrain the government or to protect the fruits of your labour. If you have no power and no wages then you are by definition a slave. As Howard Buffett said, "human freedom rests on gold-redeemable money." He said that "foreign war and ruthless regimentation" would be the inevitable result of fiat money, and that is exactly what we are seeing today.

>>26429020
I'd give that a 3-4 star review, worth complaining to them but not worth a return or anything requiring more effort.

>>26431660
the protective case got damaged in shipping, some parts are destroyed.
Its okay, i bought it close to spot, its just silver in the end.

>be my parents
>move to silicon valley '85, get into stocks '88
>get rid of tech stocks '99, buys big ass house
>downsize house '06, get back into tech stocks '08
>gets into crypto '11, gets out of crypto '17
>just got call from dad
>he's going into precious metals and commodities
he's going full retard against inflation, just thought I tell you fags, since you're the closest thing to friends I have

he also asked me if I have a gf yet

( ._.)

>>26432076
>all those near-perfect entries and exits
Is he a wizard? Can we develop an "anon's dad" index for determining the next moon mission in any sector?

>>26431669
When I buy them, I look up the ASW beforehand on the NGC website to avoid overpaying. It can be a bit of a hassle, but you can get some pretty good deals on stuff that sellers don't know the weight/purity of.

>>26432076
You should of told him as soon as the the economy collapses and if he laughs it off just say its going to be sooner then later.

>>26430192
Because they like gambling (=daytrade) on shitcoins. There's always the chance for a 10x or zero within a week. With a bit of experience, one can make good money from the PnDs shilled on /biz/. But I prefer to withdraw my gains into solid assets.

>>26431102
Every /pmg/ and /smg/ has some cringe cryptofag who's desperate to get fresh money into their ponzi. Without new buyers, they're left holding the bags.
They like to mix the blockchain tech (which is revolutionary) with the thousands of random worthless shitcoins.

>>26432076
Where does he get his inside info from? did he ever from time to time have to leave to attend "Ceremony's" at country estates that he asked you not to tell people about?

>>26432378
>Every /pmg/ and /smg/ has some cringe cryptofag who's desperate to get fresh money into their ponzi.

They're called Max Keisers

>>26432387
One quote says all about picking the exit.

>>26432222
He says he was at the right place at the right time, and was comfortable with numbers (being in the tech sector), and economics/finance was a hobby of his. Also my mom was more risk averse and wanted to take profits during booms, and wanted to get out when things got crazy, even if dad wanted to hodl. Yin and yang I guess.

His only 'prediction' is that inflation is unavoidable.

>>26432295
He is actually very worried about a massive prolonged slow down, and bought puts.

>>26432387
Again, he just says he's lucky. He got stock options for his job, and once he started job hoping, tech stocks were a big thing. He moved into management and angel investing so he got a big house. Me and my siblings were moving off to college, so he downsized. His tech buddies were talking about crypto, so he go into it for shits and giggles.

>>26430623
The best thing about silver is that they CAN'T outlaw its ownership without destroying almost every single tech industry. That's Why they fear silver more than gold. They could hypothetically control gold, but never silver

>>26432931
Couldn’t they just make private, non-industrial ownership illegal?

>>26430989
>Perform push and pull queries via smart triggers? Can it oracle data? Can you swap gold in flash loans so you can use it’s value to generate returns whilst holding it?

All those things are interesting tech, but they are not necessary attributes of money. That's like saying email protocol will be money because gold can't sent text instantly to a person around the world.

>>26432997
of course they could, dont let retards fool you.

>>26432861
>His tech buddies were talking about crypto, so he go into it for shits and giggles.

Its true what they say then, its not what you know its who you know

>>26431745
I’ve never thought of inflation as a tax, that’s an interesting way to look at it. So when Jerome Powell gets on TV to say “we are seeking to create inflation,” the Fed is basically saying they’re doing their part to increase the money taxed (stolen) from the American people?

>>26432997
>>26432931

https://www.jmbullion.com/investing-guide/buying-physical-metals/fdr-silver-nationalization-1934/

https://en.wikipedia.org/wiki/Executive_Order_6814

Silver was outlawed in the U. S. one year after gold. Unfortunately, the government could simply treat silver like any number of elements which are essential for industry but forbidden to the masses. They might simply call it "critical for industry" and say that such a precious metal must not be "hoarded" by the people. Like Executive Order 6102, Executive Order 6814 didn't touch off-shore bullion, which is why I recommend that people diversify in that way and be prepare to flee their country if necessary.

>>26433194

>So when Jerome Powell gets on TV to say “we are seeking to create inflation,” the Fed is basically saying they’re doing their part to increase the money taxed (stolen) from the American people?

Yes. And they have to create their lying little narratives to make the enormous idea sound palatable. So they change the definition of inflation; tell their lies about "deflation being the problem"; fake the CPI; hide the figures about what has happened to the economy since 1971; and promote their false Keynesian theory that inflation is good for the economy because it "promotes spending." (When it is really saving that it is the origin of prosperity.)

>>26433147
Good thing I know a bunch of PM autists.

>>26432076
if your parents are that smart then you might as well rest easy knowing no malinvestment will ever impact you financially

>>26433475
And where may one find them, for a friend of course.

>>26433067
California politicians tried to do this with metal billets when ghost guns were the big panic scare push. I think they realized it would affect industry more than the private ownership more so they dropped it.

>>26433452
As you’ve assuredly learned, my knowledge of economics is zero. But it just sounds so bizarre and backwards to me that a government is announcing they want to make the goods and services that people need more expensive and thus less attainable. And that we are supposed to trust them and view them as benevolent. It seems like these people are pissing in our face and telling us we should enjoy the warmth and aroma. Isn’t this strategy called gaslighting? They’re convincing us that more expensive goods and services are somehow good for us.

I think I might buy another sovereign.

>>26425220
Stay out of cities, even if shit will not hit the fan the coming months/years (which it likely will) bankruptcies and eve toons due to late rent payment will make cities a living nightmare. If not, working from home is here to stay further reducing the prices. Tell you girlfriend to shut up, she doesn’t know what she is talking about.

>>26433771

Your knowledge of economics definitely isn't zero. You are one of the most intelligent people I have met and I recognise posts in these threads constantly in which you express ideas which are eminently wise and sensible. Irwin Schiff said that somebody who simply read his book already knew more than most of the professors in the universities, and I can see that you have been doing an enormous amount of reading and listening for yourself. As you say, the common-sense understanding of the situation exposes the enormity and ludicrousness of it all. Austrian Economics is simply common sense. But our whole society is designed to destroy common sense. You can see it not merely in economics but also e. g. in the gender ideology and in a thousand different other spheres.

>>26432650
That quote is too perfect kek

>>26428427
Just tell him to diversify, crypto to gamble and to make money, gold & silver to solidify your gains. Remember no need to D&C, it is us against the government and central banks either with crypto (really risky) or PM’s

>>26433925
>bankruptcies and eve toons due to late rent payment will make cities a living nightmare.

If the banks go down so will the mortgages with them, ive heard a banking committee (a non rothschild one) has been working on this the last few years and that the house/apartment you live in will be part of the debt write off and become the tenants property.

>>26432650
Tips as in tips on the stock market or tips as in getting tipped for services?

>>26433452
The fact remains, the government doesn't even want people to know they can store their economic energy in silver let alone admit to the world silver is such competition for the US dollar that they have to outlaw it and in the process create shortages for the tech industry as every single investable bar and round in the world gets lost in boating accidents.

You could fud against any single investment in the world using the long dick of the government as an argument.

US dollars? They just printed a brazillion

Bonds? They're valued in US dollars

Crypto? Illegal to own or trade privately or in exchanges :) also crypto mining is illegal because it's not environmentally friendly

Mining shares? They all just got nationalised for 1 cent on the dollar or destroyed by environment laws

Tech stocks? Capital gains are now 99% because the government is broke.

There, every investment is bad now.

>>26433580
Well you are already in the right place. LCS or coin convention are the second best bet. Third is to just convert your friends.

>>26430192
>Most juniors don't make profit
No shit, its one of the biggest scam sectors out there, just behind pharma and tech

May the mammoth bless you anons

Daily remember : junk silver is based silver, and every coin is a piece of history

>>26434190
That would be nice if debt can written off and it will certainly help to get the money back to the people instead of the banks. I am thinking though, wouldn’t the government bail out the banks like they did last time in 2008? There is also a problem with lots of small businesses going bankrupt in the cities right now, things that make a city cosy

>>26434216

I think that the narrative would be calculated to avoid the idea of silver as a store of value. Silver-investors would be demonized as wicked hoarders who are keeping critical resources out of the hands of industry. Change the narrative and obfuscate. They would be given the Hunt Brothers treatment. Instead of exposing the COMEX as a fraud, and protecting their wealth against a worthless dollar, they were slandered as "cornering the market." I am not fudding silver. There is no alternative to silver, gold, and miners right now, you either have them or you are guaranteed to lose either everything or almost everything. But we ought to be aware of the risks and think ahead for ways to avoid them. Using overseas vaults and having other passports is one way of doing so. This is also why it is important to educate the public about precious metals. To tell friends and family about them and to spread the word. The more people who own gold and silver, the more people there will be to resist any confiscation efforts.

>>26430801
Is it the 1kg kook? the koala?
Looks comfy.

hey guys other than my local coin shop. which online bullion shops have the best rates in canada?

>>26434019
Thank you for these kind words. The more I learn about economic issues, the more the realization hits that what the average person believes to be true is indeed a lie. Precious metals restore power to the individual, to the detriment of the government, and this is exactly why everything seems to be morphed and misconstrued to convince the masses that it’s a useless boomer rock and an outmoded medium of exchange. JP Morgan shilling BTC while not-so-secretly spoofing PM’s is proof positive of a coordinated effort to discredit anything that helps the average person preserve their financial position.

>>26433553
true, and they are becoming very risk averse closing in on retirement age

>>26434216
also true, you have to go down the well to find anything decent, like upper midwest farmland or van gogh paintings, that can either hold value against inflation, or have earnings that outpaces inflation

>>26434904

What makes me sad is that I had always thought: "All right. Everybody is indoctrinated for now. There's no convincing them. But one day this rotten system will collapse of its own accord, and people will have to see the truth. They will have to see that fiat money leads to a thousand ills, that you _need_ sound money to be free and happy." But if the oligarchs get away with this pandemic hoax then they can change the narrative entirely. Now the collapse is a result of external forces; we had "the best economy in history" until the nasty virus came along and spoiled everything. If people go along with this lie then the authorities can use it as an excuse to impose a totalitarianism which has never been seen before in the history of man. That's what the Great Reset is. A last-ditch attempt to enslave us, not simply until the present order of things falls apart, but forever and ever.

>>26435377
Checked
Based
And on the money

what's a fair price for the 5 nazi reichsmark in eurodollars?

>>26434850
I have only ordered from TD and Silvergoldbull. Interestingly TD has some cheap coins occasionally, but I'd prefer silvergoldbull have my information... Also they take crypto so I have been siphoning off some gainz into PMs

>>26435817
10

>>26419258
kick out the three on the left and ill be happy with my waifus

>>26434326
is that a sterling silver letter opener? looks nice

Reposting cos my junk is beautiful.

could you describe please the nature of the next crash? Would it be a crabbing hell?
How will it happen and how much will it last?

>>26435987

Do you know any good sites to buy them off?

>>26436721
metals or stonks? Do you mean the habbening?

>>26436790
I'm in burgerland so I'm not familiar with Euro sites unfortunately. Ebay has tons of new 5 RM listings every day and lots ship from Germany/EU. Im sure a euro anon can recommend other sites.

>>26436790
They are on eBay frequently. I don't bother looking at the EU listings, only US, but they are definitely listed. I've bought a few for around $22/$23 US

>>26420710
there have been some calculations that the amount of silver and gold coins romans used to pay for a house was roughly equivalent to the amount of money we use today to buy equal housing.

about 50 years ago a dollar would buy you 1 ozt of silver. today about $30 will do the same
please tell me how that isn't a good hedge against inflation

>>26419182
Autistic mong obsessed with looks. He fangirled about Mussolin's profile. "He's reminiscent of old roman emperors". Giving people special properties because of their appareance and not their character just as teen girls would do, what a faggot. No wonder his regime game theorized itself.

>>26434326
Silver coins are so hottttttttttttttt

>>26432650
lmao at this pol-nigger attempting to steal one of the most famous quotes in history

>>26433925
Dutch silver coins are barely silver at all, typical eurocaveman trash created around a bonfire, primitives

>>26420710
I have like 500oz of silver for the poclyps also 7000 rounds and enoungh food and water for a year, live in a small town of 1800 and invest in the stock market and crypto. I dont buy anymore silver tho recently

>>26436890
>stonks
yes

>>26437594
If its just the "valuation" crash it will probably be a tantrum from the fed not doing enough. Could also just happen like the dot com crash. Just buy vol while it's relatively cheap

>>26437088
>he doesn't know what is beautiful is good and what is good is aesthetic
Read Plato's Dialogues, faggot.
Only kikes love ugliness. Are you a kike, anon?

Really great interview with David Morgan today.

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

Highlights:
>velocity of money will increase THIS YEAR as people notice the price of goods increasing quickly and decide that they'd rather have a jar of peanut butter than US dollars
>once this psychological shift starts, it can't be controlled at all
>incomes will go down, expenses go up
>corporations will only consolidate their power as small businesses are destroyed

>>26437354
>barely silver at all
.720 Silver is more Silver than a lot of the rest of Europe had at the time. They actually had them minted in the US during WWII.

>>26437695
Yeah im sure you will reject a doctor because he isn't beautiful. kys faggot

>>26437803
.720 is what you get when you have low IQ and just throw any random metal into a primitive furnace while ooga-booga dancing around it because dutch have ape-caveman brains and can't even make .900 silver which is the BARE minimum to be considered silver.

>>26437869
>Yeah im sure you will reject a doctor because he isn't beautiful.

We really need to exterminate these savages and repopulate the earth with .999 BULLS.

>>26437695

>Read Plato's Dialogues.

You mean the man whose master, Socrates, is described in the Theaetetus as having "a flat nose, thick lips, and bulging eyes," and the purpose of whose dialogues is to prove that inner beauty and not outer beauty is what truly matters. (See the conversation between Alcibiades and Socrates at the end of the Symposium.)

>>26437959
Taleb: you can assume a doctor that looks like a truck driver/butcher is a better doctor than his peers because he managed to get through residency/medical school while going against his peers/teachers

>>26419182
you rang?

weekend pmg sucks

>>26438112
Post OC pics of stacks

I would but I'm too paranoid to keep a smartphone

>>26437937
To be fair, .720 Silver is commonly known as Mexican Silver.

>>26438192
Here's some Canadian Junk.

>>26437694
>Just buy vol while it's relatively cheap
thank you
what do you mean with ''vol'' ?

Can we hurry up and have all those mortgages and renters default already? I need a deflation spike to accumulate a lot of metal.
And it has to happen. Boomer landjews literally don't have any other assets other than landjewing.

>>26438304
volatility

>>26438007
>t. don't understand the ethical value of the kallos

>>26437959
Look up the best surgeons in the world faggot none of them look like a gay aryan. No one likes nerdics anyway.

What's your oldest silver coin that isn't ancient? Lot of 14th century german bracteates for me.

>>26438348
Most likely the deflation period will only last few weeks, then will immediately will be followed by tremendous inflation, we better have a rock solid plan for when it come.
I regret being such an impatient faggot, i already spent almost all of my cash into stonks and stacks, and now i'm afraid i wont have anything left for when the cheapies come.

>>26438443
>89% of women prefer Michael Jackson

also somebodies gonna have to bake a new bread soon.

how long can jpm keep the price of silver down? How long can they keep dumping?

>>26420710
I like it.
It's real. I can hold it. It's pretty simple to liquidate, but hard enough so that you can't do something emotional.
Oh, and a 100oz bar is heavy enough to beat an intruder to death with in the event the need ever arises.

>>26438478
Nothing special, just a really beat up Peruvian 1/5 Sol from 1863

>>26438443
Not him but why did you divert the discussion toward aryanism when the very philosophical conceptualization of beauty came up in a med country?
t. medchad

>>26438590
macguire just said that probably none of the major players are net short gold right now. Of course his job is to buy/sell gold for family offices so idk

>>26437803
Feel gud living in a country who didn't make any constitutional coins below .835

>>26438778
>.835
still nasty as fuck and needs to be refined so it might as well not have been made

Where can I read more about previous precious metals bull markets, specifically their impacts on the mining industry? I have a copy of “Crisis Investing” on the way. I’m really interested in any books or articles that detail the leverage/gains that miners offer investors and have offered in previous bull markets. Thanks.

>>26424522
100oz

>>26438550
See the thing is I am not sure if they institute the additional money printing it advance of the defaults or right after.
Because whatever the solution is it WILL be money printing. Perhaps disguised as debt forgiveness.

>>26438778
I though france made .680 Silver coins in the 30s

>>26425698
Oooo cool I like it. Not many coins with designs like that

>>26438827
>t. butthurt trying to cope with the fact he got raped with premiums

>>26438877
r-really?
Oh well to my defense these coins are so fugly i never considered buying any so i wouldn't know. Only junk i have is from the 60's.

>>26426938
Line a sauce pan loosely with aluminum foil. Add water, baking soda, a bit of table salt. Put coins in and boil them for a few minutes, turning over with tongs. Remove from heat. While the water is still hot but not too hot to put your hands in, grab a coil and some of the white sludge from the bottom of the foil, and rub the coin vigorously. Rinse well when done with clean water. Enjoy shiny coins!

>>26438007
>unironically using that image
Shalom rabbi!

>>26436371
Yes, bought it over spot two years ago but it is beautiful

>>26438831

There are a lot of academic articles which I wish I could show you but they are all behind paywalls. One which deals with the '60s silver bull market is by Fahley, 2004. You can see here where the 150x figure is given again. I haven't shared this with /pmg/ before.

>>26439135

I'm not simply using the image. I'm the one who created the image.

>>26439034
According to NGC and every other resource I could find, they're .680 Silver.
Probably one of the ugliest coins France ever made, Marianne looks like a man on it.
https://www.ngccoin.com/price-guide/world/france-10-francs-km-878-1929-1939-cuid-1127887-duid-1264066

>>26439099
I own coins worth as much as $2k and your post is psychically raping me

>>26439229
>I'm the one who created the image.
So how often do you go your local synagogue? Once a week? Once a month?

>spend a long time accumulating silver/gold miner stock because people were saying months ago its s good bet along with physical
>feeling torn because im now seeing a lot of people saying its dumb and you should everything into physical because when the collapse happens it'll probably everything about the financial system down with it is PM related
>it would just hurt to sell it all (for a loss too) now
Fuck.

>>26439229
Thank you, I’ll search for this reference. Do you have any books you’d recommend?

>>26439339
same guy?

>>26439239
Marianne always look like a man, she's the masonic ideal of the hermaphrodite enlightened being who fusioned xer male and female attributes to return to xer original state of divine being from before the fall thanks to the help of Prometheus/Lucifer/Phosphoros.

>>26438352
so I shoul buy the Vix?

>>26438877
Yes unfortunately. They're ugly AF. I prefer hercules (0.900) or semeuse (0.835) and you can find them with low premium if you're lucky

>>26438007
Fuck off commie

>>26439407
Yep

>>26439505
Those napoleon era 5 francs are aesthetic as fuck and often sell for barely above melt, that's crazy. Only good thing france ever contributed.

>>26439368

"The Big Silver Short" by Chris Marcus is an interesting recent one. Also David Morgan's various books are worth getting.

This is an interesting article from 1980 which is sympathetic with the Hunt Brothers, it's called "Hunt for Silver":

https://s3.amazonaws.com/camppictures/CampArchive/Economy/Hunt%20For%20Silver.pdf

These are some articles on the '60s bull market:

Alison Boggs, “A Good Shepherd, Harry Magnuson Remembered as Friend and Protector,” Spokesman-Review, January 30, 2009, 1, 14;

Norman Bolker, “A Market Place for Dreams,” Pacific Northwesterner, Vol. 30, No. 1 (1986), 1-11;

John Fahey, “Optimistic Imagination: The Spokane Stock Exchange,” Pacific Northwest Quarterly, Vol. 95, No. 3 (Summer, 2004), 115-125;

J. R. Finlay, “The Mining Industry of the Coeur d’Alenes,” Transactions of the American Institute of Mining Engineers, Vol. 33 (New York: The Institute, 1903), 235-271;

Rebecca Nappi, “Maagnuson Had Vision For Region,” Spokesman-Review, January 27, 2009, 1, 8;

Richard Dwight Kegley, “A History of the Spokane Mining Exchanges,” Master’s thesis, University of Idaho, 1970)

>>26438192

>>26434216
>silver is such competition for the US dollar
gold standard won't be reintrouced.. why should it?

>>26439368
>>26439660

Hahaha, by the way, I just noticed how prophetic the very first paragraph of that Nelson Bunker Hunt article was. "He is, in fact, a sober realist, because he understands the perilous direction in which our civilization has been headed -- the political instability, the civil turmoil, the financial catastrophe of hyperinflation and moral bankruptcy. And he is an idealistic visionary because he is working for a better world in which the people govern themselves and their economy without being victimized by a paper aristocracy which profits by manipulating government and inflating currencies." Absolutely nothing has changed. The Hunt Brothers really were great men who foresaw the future, just like Howard Buffett in 1948 or (in more modern times) Ron Paul.

>>26425220
>massive dip
Lel no, the dip is coming later this year or next year. As soon as interest rates come up housing will crash and won’t recover for another 30 years.

>>26439797
It forces the government to be accountable and fiscally responsible, but the game must continue and will continue.

>>26439797
You’re right, but gold, silver, platinum, palladium, rhodium, iridium, osmium, ruthenium and rhenium are good places to save your wealth in.

>>26433194
Sort of, not really. If I print a dollar and give it to you in exchange for a sucker, I just stole that sucker from you. The fed cabal is stealing from you. It is not "taxation without representation" they are STEALING from you

"inflation" is
STEALING
STEAL
They are printing dollars and taking your goods and services from you while doing no work
STEALING
everybody ITT get that through your head

>>26436337
Bismarck a best Ship waifu

>>26440096
im a Iowa man myself when it comes to shipfu's

>>26440067
>good places to save your wealth in
yes but they don't generate money... at this point it's better to put more money into bitcoin, which goes up and could go up in case of inflationary disaster

>>26439907
>>26439660
Thank you again for sharing these. I have these references saved and will be searching for them. Really appreciate it.

>>26440185

As I said in an earlier post, "Russia now owns more gold than dollars. China has 40,000 tons. The world is preparing to dump the dollar and go back to gold." As soon as that event does occur, Bitcoin will immediately crash to zero in terms of gold, as Alasdair Macleod has rightly pointed out. Gold does not generate money; it is money, and what is more, it is vastly undervalued, and will appreciate at least 5x in terms of purchasing power and probably 10x or even 15x. Its inflation-adjusted ATH is $20,000 and it is still only $1850. The Dow:Gold ratio is still 16:1 and it got to 1:1 in 1980. In 1980 people merely feared the dollar would die, this time it will die. The only thing more undervalued than gold is silver and the only thing more undervalued than silver is mining stocks.

>>26440297

Thank you very much, you're welcome.

>>26440170
>preggo shipfu
eh, she belongs in drydock

>>26439660
>https://s3.amazonaws.com/camppictures/CampArchive/Economy/Hunt%20For%20Silver.pdf
>it's a free market, by the way

>>26440398

Andy Shectman in 5 mins lads

https://www.youtube.com/watch?v=oByGy8DNcxM&ab_channel=ArcadiaEconomics

>>26440668

Thanks, I always like listening to him. By the way, this comment made me laugh. >>26432461

>>26440477
America is a third world banana republic lmao