/biz/ - Business & Finance

Lots of packages came in yesterday and today! I like having diverse types of coins, even if war nickels are shit-tier. The liberty quarters are in pretty bad condition but I got them close to spot, and silver is silver.

Newfags feel free to ask me questions about the logistics of buying physical silver, I'm not an expert or anything but I'd love to help since it seems like we have a lot of soldiers looking to take down the paper market.

>>27173973
First for

>>27173973
and of course I forgot.
Previous thread: >>27160381

Am I rich yet?

jfc it's trending on twitter

>>27173973
I just bought my first batch yesterday

I WANT MORE!!! FUCK THE SILVER BUG GOT ME

>>27174033
Checked, and it looks like you need some more Reichsmarks!

Threadly reminder that it's your noble duty to ensure you have the means of assisting foremerly well-off housewives and their questionably underage daughters with their financial needs once the hard times come

>>27174116
How’s 420 sound?

>>27173973
hey frens should we mass email pic in OP to jpm? just a idea

>>27173973
What’s their endgame?

I thought we were supposed to buy AG?

>>27174288
checked
1488 sounds better

>>27174288
Like its fucking lit

>>27174421
we do buy that, but physical silver is the most important one to return to its true price because then AG goes up as well

>>27174154
post caps for us that dont have it

can someone give a blackpill on physical silver accumulation. Is this just a psyop to get more normies invested into silver to raise the price for everyone first, and at a facade a "takedown" of JPM, which is being prescribed as the main motive by reddit retards?

Coins, PSLV and AG are where the revolution starts, but this is what we ultimately need to work towards.

>>27174271
Here here, to throwing mercury dimes an our ensurfed hedgies

>>27174421
AG or PSLV for the stonk lovers, physical silver for the chads and SLV for the trannies and the jannies

>>27174116
How much $$$ in gold silv is all that?

Should I be getting rounds or coins?

>>27174626
damn its like a sick inside joke or something

>>27174585
This is a fuckin good idea. Especially while the mines are still closed

>>27174033
Is it worth picking up some war nickels? Premium looks pretty low for them and silver is silver right. Is 35% content too low kek

Will my stacklet ass get a chance at another dip?

>>27174271
hey wait have i been reading this tier list wrong?
do i get to call myself a pirate with just 100 ounces of silver?

>>27169395
thanks for the response. reposting for new thread.

here's what I don't understand though. the "spot" price that they use at the LCS and in online stores (somewhat, since they add their premiums anyway) is the price of SLV, no?

when will the two officially divorce? when will people stop pretending that Comex's fake price is what we're buying and selling actual silver for? what will be the consequence of this divorce?

>>27174579
>blackpill
Uhhhh do you mean redpill? If you want me to blackpill you, then I can say "the price of silver will remain suppressed forever, if you buy now it won't do anything."

>>27174722
Is it worth it? No. I bought them anyway because I'm a tard but I want to say I own a roll of silver war nickels, it was like $30 fucking whatever.

>>27174585
1000 oz is $30000, not enough normies to do this unless there's a way to group buy it

>>27174695
i prefer whatever is cheapest bit some of these guys swear by govt coins but have yet to convince me why. i would just buy some of these, its the best deal I have found
https://www.providentmetals.com/10-oz-silver-hand-poured-stacker-bar-monarch.html

>>27174585

Aren't you actually not allowed to take possession of a Comex contract unless you're one of the (((chosen))) few banks - or was that specifically for SLV?

I'm down to do this at least twice.

>>27174701
the different colors help with easier identification, especially for those with vision problems

>>27174579
its not an investment its a safe store of wealth dont gamble and expect fast money
but the latter is also true if enough anons buy up physical silver in every available retail area then JPMorgan go boom
ded

>>27174579
I mean, it will work if everyone buys up all the physical silver, then silver price hits $100, the extreme amount of manipulation the banks engage in will fuck the banks

>>27174772
yes. if you have 90oz silver and 0.1 oz gold that counts as 100oz silver

>>27166126
>>27173353
I just read earlier today that the Indian government is doing just this.
They’re planning to ban all crypto/digital currencies except their own cbdc.
If you haven’t watch the Corbett report on India how its the testing grounds for most of the draconian shit introduced in the west.

>>27174116
allow me to go full autismo for you

from what i can see you have:

$89,136 in 48 gold pamps
$1,296 in the 4 colums stacks of rounds (assuming they are 12 coins each)
$1,728 in bullion bars on the top (assuming they are 1 oz, 5 oz, and 10 oz
and about $25 in pre '64 quarters/coins

that is a whopping $92,185 in silver. i'd say you're doing just fine, anon.

>>27174921
won't physical silver just become unobtainable to retailers while the noses still control all of it? theres no easy way to drain the phys reserves

>>27174742
Naw, BUY BUY BUY BUY BUY BUY BUY BUY

>>27174742
If you cut out 4 of the 5 cheeseburgers you eat at lunch every day, you could afford a lot more silver

>>27174716
>>27174810

If WSB keeps accumulating capital from short-squeezing hedge-funds, we can do it. Or we might be able to find a way to pool people's money together.

>>27174742
Maybe but not a huge one.

>>27173732
please respond

Just wondering what the benefits of buying physical vs PSLV are.

>>27175054
whoops, $432 in bars, i accidentally overadded.

so $90,889

>>27175070
If retail supply dries up then the retail price will become disconnected from the smallhat price. You would literally need to end free markets (which can't happen when industry needs a steady supply of silver) to make this work, and it still doesn't really make much sense.

>>27175129
seems like there needs to be a WSB nose to create his own paper worthless cert for silver to allow the transfer from their nose to our nose

>>27174579
GME short positions were 1.4:1 actual GME shares at one point
Silver paper positions (short and long) are easily northward of 100:1 actual physical silver. It is the most easily documented and long duration overallocation of any asset in modern history. And the actors are exactly known: about 8 or so bullion banks.

>>27175215
counterparty risk. If you can't touch it, you may not own it. Physical then Mining stock is the best play. PSLV then Mining stock if you really can't get physical.

>>27175088
Anon I’m pretty sure that’s his child

>>27175070
Buy buy buy. Stop worrying. Smart people have been telling us to do this forever with silver. We seen it work with Gamestop. You have a chance right now to get in big while it's still cheap.

>>27174866

>Aren't you actually not allowed to take possession of a Comex contract unless you're one of the (((chosen))) few banks - or was that specifically for SLV?

No, that's SLV. Dave Kranzler has taken possession on the COMEX before and proved that it can be done. But he says that when somebody who wasn't a bank tried to take delivery with GLD they were denied. Same thing goes for SLV (see picture). SLV (like Bitcoin) is simply a sideshow which is intended to divert capital and attention away from physical silver, the true banker-killer. That's how they can get away with limiting delivery to only a few big banks. If only banks were allowed to take delivery on the COMEX it would be as good as admitting to a default.

>>27174239
I'm convinced that precious metals vibrate at a frequency that's like a maiden song to humans.

Hey thanks for supporting SchiffGold anons!
Together we can take down JPM and wallstreet hehe HOLD THE LINE am I rite?
We are running a sale on silver this weekend, don't miss out before this stuff TRIPLES

>>27174742
Awesome that you're getting your kid into PMs

>>27175215
Also look :
https://www.jmbullion.com/silver/silver-bars/100-oz-silver-bars/
https://www.jmbullion.com/silver/silver-bars/kilo-silver-bars/
You may not even be able to get physical if you wants to. That's why its highly recommended to get a physical foundation first before thinking about anything digital.

https://twitter.com/zerohedge/status/1355614415735939073

>>27175371
Don’t you need to purchase something like 10,000 ounces of silver to actually take delivery from the COMEX?

>>27173973
Bank run? Buy buy buy. Hide hide hide

>>27175651
COMEX silver futures contracts are for 5000 oz units. So roughly $150000.

>>27175651
I don't know, the banks don't even withdrawal that shit.

>>27174579
>blackpill

The blackpill is that even with the combined autism of everyone involved the banks will still be able to return to manipulating the silver markets through other means, either they target other miners, cut deals with mining companies to supply the Comex at a higher ratio than their industrial buyers and all sorts of other slimy ways to put downward pressure until us the small investors run out of disposable income to accumulate, and we return to normal.

The upside is that, if you bought physical silver - it's yours. It's never going away. The price may fluctuate up or down depending on supply and demand, but the next few years look extremely bullish for silver due to the technologies that use it, the supply shortages occurring because of it and the economic instability that everyone but the most ignorant feel is coming. If the economy stabilizes without a major crash - great, that means that you won't need to rely on your silver as an insurance policy. If it does crash, then you have it to fall back on.

Silver isn't an investment, although it can be one, it's a store of value and insurance policy. If you're very wealthy get some Gold too.

>>27174421
$MUX and $AG

https://www.zerohedge.com/markets/reddit-preparing-unleash-worlds-biggest-short-squeeze-silver
Stop ! I didn't buy every company I wanted ! AHHHHhHHH DONT MOON YET

>>27175054
Those are one ounce pamp bars senpai

If I'm semi-poor, is it a dumb idea to buy meme silver instead of bars/rounds?
https://silvergoldbull.ca/2-oz-silver-bullet-308-7-62-nato

>>27175054
Fuck I mean 1 gram pamps. So like 3500-4000 USD on gold. Not 90k

>>27175941
You still have time. At best retail can start pinging some momentum traders. You need the pension funds, family funds, endowments, etc. to get interested to really give sustained buying pressure

>>27176096
One gram not ounce, you are both retards

>>27176118
The cost per oz is higher on meme silver than rounds/bars/etc.

What platform/broker should I use to buy PSLV?

>>27175941
>>27176162
fuck I need time until monday to buy more. The banks are closed and I can't deposit money

>>27173973
kek at that op image

>>27173973
Use the profits of the GME squeeze to do the Silver squeeze. Don't squeeze 2 things at once, morons.

>>27175432

This doesn't really work as satire because Peter Schiff has been pretty pessimistic and sceptical about what has been going on lately. He even mocked the people piling into First Majestic today (interview with Meet Kevin) and told them to buy his gold fund instead because it's "safer" and "more diversified." He simply doesn't grasp the Zeitgeist, the fact that furious people with nothing to lose are punishing bankers and bankrupting hedge-funds. Same thing goes for Kranzler and Brady and Hemke and a lot of other people whom I have more or less respect for. I don't think that these jaded boomers really understand young people's energy or mindset and the revolution which is happening before their eyes. They would probably run a mile if they saw 4chan, it would simply be too hard for them to comprehend. They can’t see what we see. This _is_ the Black Swan which all of us have been waiting for. The masses have been awakened to the power of squeezing short positions, and silver is the most shorted asset of all time. GME was 140% short; it was only a matter of time before people realised that silver positions are up to 50,000% short. GME is the hedge-fund killer, silver is the banker-killer.

The “mainstream” person who seems to perceive best what is going on right now is Alasdair Macleod, and that is because he understands so well the short position of the banks and what they have to lose. His prediction that the dollar would die in 2021 may very well come true.

>>27175651

That's PSLV. But taking delivery on PSLV isn't necessary to break the COMEX because PSLV will take delivery on the COMEX of its own accord if people keep buying more and more PSLV shares.

it's good that all these retards are buying silver but they are buying it for the wrong reason

>>27174742
Sell that child on the meat market when society collapses

Picking up 3oz of junk silver Canada dollars later today. Some people are saying spot might drop because the redditors have wet paper hands

>>27174033
I posted this earlier what would you pay for these if anything?

and here is the main down stairs area sir, say I hope your not lying about owning 5 ounces of silver, I wouldn't want to be wasting my time showing you round if this is just a wind up

>>27175371
This is a dangerous game.

>>27176421
That's what I'm worried about. They gave silver a bump because want gains and when those gains don't come they'll all sell

>>27175215
Something that wasn't mentioned is the scaling expense ratios of both. If you buy physical silver, you can store them in secure vaults for annual fees. PSLV has something similar with expense ratios but there is a key difference to keep in mind.
PSLV charges it per share (deducted from the NAV in the background for your holding) while storage fees for a vault are flat. Thus, for small amounts of silver PSLV might be better. But for serious holdings, you want physical.

>>27176283
Schwab or Fidelity. Not Robinhood.

>>27176523
I don't really care about paying a premium for good condition junk silver, so I'd just pay spot. You can look up what the melt value of washington quarters is and just multiple by the amount. Also you can compare to what you would pay on an online bullion dealer (the premium might be $1-2 over spot depending on the website and any deals).

$AUY, Yamana Gold Is trading at under $5 a share. It was $6 not long ago, and $7 during the summer metal spike. In 2020 they mined 10,000,000 ounces and are going to do another 10,000,000 in 2021. They are decreasing their debt and have a good dividend. Normies are going to hop on strong. I know because I’m a normie.

>>27174116
Please be in Denver

>>27176523
I'd give you $65 but not $70

>>27174116
based fellow stoner stacker. I do thc wax via oil rig instead but am up to 5 ounces of silver now even with old pic I am greenhorn but I want to buy a couple of ounces with each paycheck to set aside money instead of a savings account.

ordered from JMB late night on Jan 26, package is already shipped and at my local post office

>>27176421
Is wanting silver because it has value even when my country goes full weimar and the paper money is worth nothing a valid reason?

How do you guys plan to divide the silver if it comes to using it as currency? Should I get a shitload of coins for that?

Thinking about buying some physical; bars or coins (or rounds?) Why?

I've noticed a big discussion lately on silver, is gold still worth looking into? I like how Krugerrands and 100 coronas look, but again why would I get minted coins over ingots?

Flea market grabs from today $76

>>27176911
i'm talking about the reddit retards who think they are gonna take down the banks

>>27176916

Junk silver should be your go-to for fractional use. Not only is it more convenient to carry around in the amounts you would need for day-to-day use, but people recognize and trust it as legitimate coinage.

You theoretically could divide larger coins or bars but it would be more practical to use them for larger purchases (or trade them for an equivalent value of smaller bars or junk silver in a SHTF scenario, like you would break a $100 bill or something)

https://twitter.com/MarketRebels/status/1355616532735422466

Current order
>1 kg silver bar
>3 x 10 oz bar
>30 x 1 oz bar
>30 x 1 oz round
>30 x 1/2 oz minted coin

>>27177141
I'm not american

>>27176523
three fiddy

>>27176739
thanks, already hodling 1k.

to the person who was shitting on me for being all in on SLV, should i really bother switching to PSLV? have been in since last year and only started hearing about PSLV now. i swear i'm not the rabbi shilling it in the last thread, was literally asking about nazi coins before.

>>27176611
The more cheapies the better

>>27173973

>>27176421
I fear a lot of people here are buying it thinking they’ll “make money”. In reality it’s a way to secure their wealth.

>>27177426
I don't have wealth. I want to make gains.

>>27176524
Kek based

>>27177426
In reality you're unironically "making money" because you're exchanging your worthless monopoly paper for metal money

>>27174116
>sig
Yikes

>>27177426
I can bet money they’ll all sell their AG, PSLV, and physical silver within 6 months after they realize it’ll just crab forever

>>27175941
Gold and silver stocks will 20-50x EASILY. Just look at what happened in the 1970s stagflation.

Pic related has some mining stock returns during the height of the mania

I know panman and other amateur panners post here so I am going to ask /pmg/ does anybody have any resources for actual amatuer panning for complete greenhorns? I am a /out/ fag in the midwest so there is not really any serious deposits of either gold or silver that isnt flour grade from glacial deposits from my own research. That being the case I still wanted to do a little bit of panning on the side while I am in the /out/doors as something to do besides fishing on my hikes in my freetime.

>>27175378
Of they're the only nonreactive metal that is still soft enough and melty enough to smelt into coins. Except for lead of course.

t. redditor

>>27176468
Wat? No, Who the fuck is he supposed to leave all that silver to when hes dead?

SLV is the ticker symbol for an exchange traded fund run by JP Morgan whose price action is mirroring the spot price which is determined by the futures market aka the comex. I don't think it's possible that the ETF, SLV will stop mirroring the spot price, since the people running SLV can add or subtract shares whenever they like and it is to their benefit to maintain the illusion that buying SLV is just like buying real silver.
I think it is possible that the prices people have to pay to get physical silver in their own possession could dissociate from the spot price on the comex / futures market. It could happen when the comex is not able to supply all the buyers who want to take physical delivery at the price they set because the silver is just not available. At that point people will stop using the comex price because it will become obvious that it is too low. For a short period, anybody that is willing to sell will be able to charge almost whatever they want because some people will be willing to pay it because they need that silver to make an iPhone or a solar panel for example. At that point the price of real silver will necessarily skyrocket.

>>27177203
Don't buy 1/2oz rounds, not worth premium

>>27176980
>but again why would I get minted coins over ingots

Because of ease of identification and market popularity. ASEs and Maple Leaves are extremely recognizable, also difficult (but not impossible) to counterfeit, so they're more trusted. Same with other countries' coins, but they might not fetch as high of a premium because they're less desirable. YMMW obviously if you're outside North America.

My personal strategy was to invest 1/3rd of my stack into minted coins and the rest into bars. You spend less money on premiums with bars, and having enough minted coins to easily trade or liquidate as needed is good insurance. My bars are also from the RCM which gives them some credibility.

You can buy generic rounds, but make sure they're stamped with .999 on the bar. Again, it could be counterfeited easily, but gives it a better sense of credibility.

>>27177530

Wrong place pal, unless you buy mining companies as they're undervalued and before the moon mission.

>>27177414
>Pic
Kek, nice

Good evening anons,

There have been a lot of Precious metals/silver threads on /pol/ recently but that place is full of retards so I thought I'd ask you guys what's going on. I know the basics of PMs and have some investment experience myself. Anyway from what I can gather:
>Due to (((central banking))) and other financial fuckery, the values of PMs are lower than what they should be
>Due to economic instability, a correction will come sometime around when hyperinflation hits/the debt bubble pops
>Silver is under-valued more than gold, ergo that's what I should focus on investing in

My questions are:
>How much longer until hyperinflation hits?
>Some schizos are claiming that PMs will actually drop in value soon, does that opinion hold any weight?
>junk silver or silver bars/rounds?

Thank you in advance.

>>27177641
I know and that's why I need another 2 month, only have 5K in miner. Give me 2 month and I should be able to double my PF to 10k.

>>27177631
>>27177426

Normalcy-bias. These jaded mindsets are just like those of the people who did down the GME short-squeeze. This is a revolution.

>>27177530
Then don't buy precious metals, buy crypto or memestocks

>>27174742
Baby's first bullion? kek you'll probably see some dips, accumulation is Tortoise>Hare.

Unless we truly are about to see the mother of all squeegees.

>>27176524
LMao

>>27174585
Isn't COMEX future for 5000 oz Ag? And you can't just take one silver bar but five for delivery?

>>27177771
It was on sale and only like 2% more expensive per oz so whatever

>>27177073
Comfy junk silver you got there

>>27176851
Lmao faggot. A little photo op for two ounces.

>>27174271
82 Oz gold
5500 Oz silver
Am I the highest or second highest tier?

>>27176524
Kek

>>27177917
Not a bad buy then

>>27177904

Kranzler is one of the most respected and intelligent PM analysts. Goes back decades as a trader, read the GLD prospectus back to front and wrote an essay about it, took delivery on the COMEX himself. First person in Chris Marcus's "Big Silver Short." Have to presume that he knows what he's talking about.

Guys I'm confused. All of these banks allowing people to buy shares in silver without backing it with real silver are the in US, no? So does this squeeze have any affect on other countries? Is silver over-bought in other countries?

>>27176524
Just for that subtle insult, I'm tipping you a Fuck You ounce when we sign the paperwork.

And we're using MY pen motherfucker. Now show me the sex dungeon.

>>27177974
>uncomfily attacking stacklets
Tf is wrong with you

>>27177974
Im willing to bet that tube isint empty idiot

>>27177731
me

>>27177974
every bodies gotta start somewhere faggot. I just view it as a hedge against inflation/different form of savings account not really as an investment asset/vehicle.

>>27177414
good edit anon

Makes you wonder if the

600 million Oz owned by JP Morgan is in fact all just Silver Paper...

>>27174033
Are mercury dimes worth the premium?

>>27177974
shut up asshole. every OZ counts in the silversqueeze

>>27177872
>>27177794
This is a thread about pumping physical silver right? Then we are out for making gains and fucking the banks. I'm down to put a few thousand in for gains I can use now while I can still buy things. That's what I call protecting my wealth.

>>27178077
Wtf do you think that's a treasure chest shit ton

>>27176851

HELLO BASED DEPARTMENT

KING JOKER ON THE LINE

HOLD PLEASE

>>27178158

On BullionVault, if you want to buy Singapore silver you now have to pay a 10% premium over Switzerland silver.

>>27177856
agreed. times are changing.

>>27178349
https://www.godlikeproductions.com/forum1/message4696591/pg1

>>27174033
Damn that's a lot of benji's, how much FV is that?

>>27176523
Yeah, I'm not a numismatic coin collector, so $65 at most.

Will silver really moon?

I hesitate between buying 500 oz of silver coins (+20% VAT!) and simply buying more gold.

will this impact the price of collector coins? i own a few silver coins from the 19th century.

Why do people here think there will be a silver squeeze if banks and comex have successfully manipulated the price low for a century?

>if we can get 100000 people to demand delivery of $1000 @ $30/oz it'll happen!

You won't get this to happen, esp not simultaneously.

Btw have just picked up 45oz, hoping to have 100+ by june

>>27178515
idgi

>>27178158
>>27178459

Actually, if I'm not mistaken, Singapore silver seems to be pretty much cleared out. I only see 500 ounces left and then nothing else on the ask.

>>27178556
I mean, isn't gold VATted too in your country? I'd be wanting to position to ride that narrowing ratio. So, Silver.

>>27177802

My questions are:
>How much longer until hyperinflation hits?
Soon very very soon buy now
>Some schizos are claiming that PMs will actually drop in value soon, does that opinion hold any weight?
No ignore these shills buy now
>junk silver or silver bars/rounds?
Anything off the big sites but buy now

>>27178606
because the economy will eventually crash and no human can postpone it forever

>>27178556
>20% tax
That is fucking larceny

>>27178729
No, gold is VAT-free. That's why I'm asking for /biz/ opinion.

>>27178556

Britannias are CGT-free. If silver goes to £1000, will it really matter that you paid 20% VAT if you don't have to pay CGT on a 40x gain? You can avoid paying VAT however by getting PSLV, or by buying allocated overseas bullion on e. g. BullionVault, GoldMoney or Kinesis. Or simply buy mining stocks which are refusing to supply the COMEX with silver, e. g. by joining the short squeeze on AG (First Majestic Silver).

>>27177802
>How much longer until hyperinflation hits?

Nobody really knows, nobody can predict if hyperinflation will ever hit (it has a specific definition), but inflation will hit and will hit bigly. It was up to 15% back in the 1970s, but they hadn't started to fire up the printing presses as they did over the last 12 years. Money supply is up something like 35% since April 2020, whereas velocity is down significantly because people are locked at home. When they're no longer locked down (if that ever happens) and money starts circulating, that's when the real shit happens

>Some schizos are claiming that PMs will actually drop in value soon, does that opinion hold any weight?

Possibly due to market manipulation, Gold & Silver could dip in prices as the world starts to wind down from the pandemic, economies reopen, etc. But since you're here from /pol/ I imagine you don't really believe we'll ever go back to a true normal, and the untold millions of people fucked over by this won't really get back on their feet for years to come. Who knows, maybe we'll be in a permanent state of pandemic forever.

Gold/Silver are typically inversely correlated with the DXY or the strength of the dollar. If it strengthens, PMs dip. If it weakens, PMs rise. The industrial uses for silver are increasing though, especially in the hunt for electrification of the vehicle fleet.

Why do you think Elon Musk has tweeted about every meme stock like GME, AMC or Dogecoin but has remained awfully silent about Silver?


>junk silver or silver bars/rounds?
>>27177794
>>27177141


>>27178358

Yes, but physical silver doesn't have the same liquidity that stocks, crypto and ETFs do. Maybe silver moons to $50, and you rush to the local coin shop to realize your gains by dumping 10000 oz of silver on them and they could just refuse.

If you want to make immediate gains and realize them quickly look at the backed ETFs, which will invariably go up as the price of real silver goes up.

>>27178577
If the coins are made out of gold or silver then yes

Used to lurk /smg/ but decided to grow up and move on to just saving physical silver. Can someone tell me the advantages of saving coins/rounds instead of just bars?

>>27177794
>1/3rd of my stack into minted coin
1oz I presume? Fractional denominations seem like a good idea if you plan on bartering with them.

Hourly reminder fuck jpm and fuck the Comex

Imagine living in a country that taxes pms

>>27178863
Not talking about buying physical silver looking at buying PSLV

>>27179013
Crimex*

>>27178841
I'm not Brit. All coins here are CGT free if you sell them at least 6 months after purchase.

>will it really matter that you paid 20% VAT (...) on a 40x gain?
No, of course not. It won't even matter on 10x gain. But the gain must happen.

>>27178800
It's actually 23%

>>27178098
I've just read that you can take COMEX deliver in kilo bars for gold and 1000oz bars for silver. Can someone tell what exact rules are? Can they just refuse delivery or are they legally obligated to deliver no matter what?

>>27178932
bars have a lower premium

my stacklet ass is at 8.5 oz now, bring on the squeeze

>>27174695
I always wanted to eat out the mom from that video
Also buy whatever is easiest to store. Bars have lower premiums, but coins draw less attention

>>27179162
>believing the Conex

>>27178908
yep theyre silver.

Goddamnit, Reddit appears to have bought SLV or even call options on SLV, they risk seeing their options expire worthless when they push the property price to whatever they want. Yes it's impressive that it's the biggest inflow into the fund every, but they're playing with fire here

>>27177802
The problem that they have is everytime they drop PM prices via manipulation peope buy more. The fact is theseetals have intrinsic value and no amount of kikery can take that away. I hope they dip in price ill jut be able to afford more.

>>27177288
I don't think I'm that person, but Yes, join the cause.

Do you guys like my stack?

>>27178863
>Why do you think Elon Musk has tweeted about every meme stock like GME, AMC or Dogecoin but has remained awfully silent about Silver?
really weak argument. the elon musk tweet standard, that's what you're going on now?

you guys got me hyped again for silver. just bought 5x 1 oz's of premium pretty bullions.

where my scottsdale lion chads at?

>>27179346
you could say it's very....sweet

>>27179346
Can't go wrong with Kennedy

>>27179130

All right, sorry, I assumed from the 20% VAT that you were another Englishman. As I say, if you do want to avoid VAT then signing up to allocated services like the ones which I mentioned is the way to go. (BullionVault, GoldMoney, Kinesis Money, OneGold, or simply buying PSLV on the stock market).

>>27179162

If the COMEX defaulted on a delivery then I presume that word would spread and the real price would immediately shoot up as a response. If a default could be hidden, it would have been hidden when it happened to palladium a few years ago.

>>27179284
Is reddit pumping SLV with this #silversqeeze trend?
THey're not Buying Physical??

>>27179346
Nice looking coins, very real

>>27178807
Interesting. What god forsaken part of this miserable rock do you hail from, frend?

I still say Silver, but a balanced stack is healthy too.

>>27179284
what does it mean

>>27179162
The Little guy can't demand delivery. If you buy a 1000 ounce bar, you are theoretically depriving the comex of a bar they can make delivery of a contract to an institution though. If you really want to do maximum damage to the comex, buy 1000 ounce bars

>>27179436
eat one with the shell on

>>27179346
How the fuck did you get my desk? Also nice kennys.

>>27178349
The premiums aren't that bad, I think it's worth it over Roosevelt dimes since he's a right cunt.

>>27178545
$100 FV, about 70 oz.

>>27179419
Was going to buy one kg of it but it was on pre order. Fuck that.

>>27178932
Bars: Lower premium/oz
Coins/Rounds: Easier transport/storage. Smaller denominations make it easier for transactions

>>27174873
why did those eurojews have to make the bills different sizes
100e bills are hard to fit into wallet

>>27179003
Yep, all 1oz coins. Might invest in a bag of $100 face value half dollars.

Personally I don't think we will see total societal collapse in the US - I'm not worried about bartering as much as others. But we could see huge bank runs. And you don't really want to be seeing lugging around a 100oz bar of silver into the dealer and walking out with a giant bag of cash when things are tough. Just a target on your back.

>>27179087

Doing god's work then anon. Just remember these ETFs aren't as volatile and don't go up or down as much as others.

>>27179369

What's your point? I'm not faulting him for it and I actually like the guy. I think his company is overvalued and don't own it, but to ignore the point that higher silver prices are not in his best interest is silly.

>>27179969
give it time. the meme news cycles for silver will rile up more and more during the weekday

>>27179747
>why did those eurojews have to make the bills different sizes
For the blind. I hate fiat but that at least makes sense.

Retard newfag going into silver, are coins and rounds the same?

Also thinking of buying from JM Bullion, should I reconsider?

>>27173973
Chris Marcus live in 30
https://www.youtube.com/watch?v=DGyK4aKY4HE

>>27180086

Mentioned in a previous post that Singapore silver now seems pretty much all laid claim to in BullionVault. >>27178674 Only 500 ounces left on the ask.

>>27180183
JM is Gucci

If this squeeze actually happens, I'm guessing every single aspect of the stock market will go down... but things unaffected by the stock market like physical, crypto, and possibly real estate will go up in response?

>>27180183
Coins are recognized currency, Rounds are made by private mints and are not recognized currency

>>27180183
Rounds are silver produced by private businesses, coins are produced by governments and they will go after you for counterfeiting if you fake them.

>>27180382
so are things like Eagles currency or rounds?

>>27180183
I just placed my first ever precious metal order from JM. I ordered 10 silver eagles. People here seem to like JM.

Am I correct if I come to the conclusion that ETFs are for making money and actually holding the bullion is for security against financial collapse?

>>27175054
Nice anon, you got the numbers in the stack right, and one collom has an extra half oz.

>>27180442
coins

space miner here
have you guys thought about investing in cryptographically secure blockchain based currencies or technology?

what happens when metals are super abundant cause I'm in space mining them

>>27178799
of course, that doesn't mean powerful banks can't continue to manipulate the price

>>27180595
we cant even get to mars

Be sure to check Ebay.. filter by BUY IT NOW
, FREE SHIPPING.

you can find some sellers and mints that sell on ebay that dont have auto price update set up.. If Silver spikes massively in opening hours you can pick those BUY IT NOW listings up for under spot at times...

>I got 10x 5oz ATB Silver Quarters for 105$ each when Silver spiked after the March Oil drop... It jumped to 25$oz and I should have bought more..

Plus + If you get a good deal the price includes any fees, so pay with a Cash Rewards or Miles Credit card (pay it off immediately) and you save even more...

>>27180474

Mining stocks (like AG) are for making money. ETFs are either a scam or the second-best way to hold physical. SLV is an example of a scam, PSLV is an example of a respectable ETF. Even silver is going 40x by the time this is all said and done so if you are thinking in terms of fiat then silver will be making money as well. Although in a fundamental sense silver _is_ money.

>>27176794
Naw commiefornia.
>>27176851
Based
>>27177626
How else am I supposed to protect my stack?

>>27180595
quantum computer here,

have you guys thought about what happens when metals are super raret cause space mining them isn't profitable?

what happens when secure blockchain based currencies or technology is cracked by quantum computing?

>>27180629
we CAME from mars

>>27180595
the price to transport like a kg of shit back to earth costs a retarded amount of money look up how much shit in value they'd have to bring back to offset the price of storage in bringing it back with current tech

bros

You hook noses have convinced me to buy your shiny rocks , is 30$ per round a good deal?

>>27180442
Currency. When in doubt, check to see if there's a face value stamped on the coin (dallar, half-dollar, etc). If it has a face value, it's a coin.

>>27180474
Holding bullion is for cucks that fall for pmg shilling
You buy now and guaranteed you'll be selling it to a guy like me in 6 months for half what you paid for it

>>27180830
until space elevator is in place...

>>27179284
I went in on slv. Buying a kilo or three with some of the profits this week once it moons up monday

>>27176154
Um still impressed with the math, I wish those grams were OZs

>>27180687
don't buy ebay silver retard

>>27180830
>>27180798
it's ALREADY HAPPENING though
it's being done right now

>>27180442
Coins are currency dude. Maples say $5 on them.

>>27180874
>>27175432
>>27178792

SLV shill

>>27178932
Coins and rounds might be easier to liquidate in the future and are more divisible. The way things are now though you shouldn't have trouble getting rid of bars.

>>27175499
Ehh not even 1. was sweating she'd swallow my stack.
Wish I had more for them.

>>27180841
Oh shite

Just ordered 5x PSLV.
Should I buy 2x WT or an extra 4x PSLV?

>>27177802
i would buy these asap, if you're an american then buy $9999 or less and they will not report it to fed, they told me to sidestep the 10k reporting requirement just place two orders.
https://www.providentmetals.com/10-oz-silver-hand-poured-stacker-bar-monarch.html

>>27180889
that will only happen if all identity politics and affirmative action is removed for 30-60 years. at our rate itll be 100-150 years

>>27180959
*Click*
Yep
That's going in the cope folder
Silvershills HATE it when you invade their pump threads

>>27180085
I agree but I still wouldn't expect him to bring it up out of his own self interest. And again, I don't fault for it

It's like if I were to start telling everyone that Anime figurines are a bad investment to all my twitter followers when most of my net worth sits in anime figurines.
Very silly.

>>27180183

Coins - usually produced by government mints like US Mint, Royal Canadian etc.

Rounds - Usually by private mints like Asahi, etc. Lots of bullion companies print their own.

>>27180442

Currency.

From the US Mint:

"American Eagle Silver Bullion Coins are affordable investments, beautiful collectibles, thoughtful gifts and memorable incentives or rewards. Above all, as legal tender, they’re the only silver bullion coins whose weight and purity are guaranteed by the United States Government. They’re also the only silver coins allowed in an IRA."

Fun fact that I've learned, and would like confirmation from other anons -

If you're in a situation where you have to dip out of the country and need a way to get around the >$10,000 limit reporting that most countries impose on currency, you would not declare the Silver or Gold value of the coin, but the actual face value. Silver Eagles are $1, and Gold eagles are $25.
So you could waltz across the border with $800k worth of Gold in coins, sell them at your destination and live like a king.

---------

By the way for those long on First Majestic they have their own bullion store.

https://store.firstmajestic.com/collections

Wouldn't really help with the squeeze because they DON'T supply the Comex, but it's like paying yourself back if you're a bagholder.

>>27180474
I've been here for 3 seconds and I can tell you that you're right

https://uk.finance.yahoo.com/quote/PHSP.L?p=PHSP.L

Is Wisdomtree Silver PHSP or PHAG worth buying? It seems similar to PSLV in that it stores physical gold.

>>27181114

What platform did you use?

>>27181076
More kids or precious metals? Personally I'd like both.

BUY THE FUCK OUT OF $AG, BROS

https://stocktwits.com/symbol/AG

>>27180183
Coins are governement minted and are a little easiert to liquidate.

Rounds are cheaper and fun to collect, but can also be subject to a little more scrutiny.

Get both. The differences aren't going to be too serious for the average stacker.

JM is great. If you're mil you can send them your DD214 and they'll give you the as low as price on any quantity. I think others do this too now, but JM was the first.

Buy coins you think retard boomer people will mass melt. those coins will be worth more because a shit ton less will exist

>>27181401
I'm sinking another $3000 into AG on Monday

Remind me silvershills
WHAT is this pattern called?
Silver is going to double right
RIGHT?!?!
lmfao

>>27181338
DEGIRO

>>27181498
me too desu

>>27181509
doesnt know how to zoom

>>27181509
i bought some silver at $12 so yeah it did double already.
you will never be a woman

>>27180853
It's still 20 under the ATH, so yes. Pretty doubtful you'll see a crash into the teens at this point. If we do, every retailer will be sold out/ "sold out" in minutes.

>>27180818
that image makes me feel gross
i need to take a shower

>>27181509
>cherrypicking from the march lows

you could do the same for pretty much any stock

PRECIOUS METALS ARE HEDGIE SHILLS TRYING TO GET YOU TO NOT BUY GME

BUY GME
HOLD GME

I did my part in crashing the banks

>>27180893
>giving your dollars to JP Morgan in exchange for paper silver
Good goyim!

>>27181634
do both idiot

Eric Balchunas
@EricBalchunas
·
5h
$SLV took in almost a BILLION dollars Friday, nearly double the old record for this 15-yr old ETF, after being targeted by WSB as way to go after the banks..

>>27181600
Alrighty forgot to mention it was silver and 1 oz just about to buy about 30

>>27181634

GME is the hedge-fund killer, silver is the banker-killer. GME was 140% shorted by hedge-funds, silver is shorted 50,000% by the 8 largest banks. We own both.

Eric Balchunas
@EricBalchunas
·
5h
And here's the song "Silver" by The Pixies, a haunting tune from Doolittle, my 2nd fav album of all time.
Senior ETF Analyst for @Bloomberg
Intelligence. Tired Dad. Rutgers Alum. Gen X-er. Author of The Institutional ETF Toolbox. Catch me on the "Trillions" podcast.

>>27181579
>Y-You have to zoom to the bit where it looks like a buy

Smh dude a 1 year price graph is standard for analyzing assets

>>27181675
I thought SLV helped the banks?

Peter goes on his usual epic rant on that one retard's channel

https://youtu.be/tbNmNXM2g9g

>>27174879
>its not an investment
But how is it an investment?
Surely, the price of silver is only going to go up if shit hits the fan, which looks unlikely. In that situation anyway, how is PM going to help? You can't trade it for gains, and starving post apocolyptic survivors aren't going to be trading in gold and silver

The only use I have for SLV is buying puts.
>>27181675
Damn, if only they had targeted PSLV. Ink costs aren't that high for JPM.

>>27181634
just don't sell GME.

and if you wanna whine about hedgie misdirection, go tell people to stop buying shitty AMC

Finally added some Kugerands to the treasure box. Somehow got an epic pic.

>>27181882
Based pic

>>27179461
Is COMEX private entity? I can't find really any info about them. Is is semi-goverment ponzi scam like Federal Reserve? Who has stake in COMEX? Are there any rules for default? I know they can change rules any way they like they did with Hunt Brothers but still.
>>27179607
I only buy 1oz coins for liquidity and legal reasons.

>>27181792

Yes. JPM will simply print more unbacked shares and dump lorry-fuls of paper on their heads. They're throwing money into a hole.

>>27181792

Doesn't help them when people demand their physical silver from the vault

>>27181882
white genocide coin

>>27181961

Rob Kientz understands the fundamentals of the COMEX better than any one I know, I suggest starting with this video and then watching others on his Youtube channel and reading his articles on his website GoldSilverPros.

https://www.youtube.com/watch?v=KyAopYlD32k&ab_channel=PalisadesGoldRadio

>>27181882
based krugerrand bro
just know that those plastic sentrysafe boxes can be picked open incredibly easily with a nail file

>>27181797
>Guise a Jewish goldmerchant is saying PMs are going up!11!

Petey Schiff has been shilling this crap for over a decade
His Europac returns suck ass
Has lost whole 401ks
Don't believe me go and check his firm reviews
Full of old boomers that he has ruined

>>27180595
Hello from at least the year 2060. Did Barron Trump win Re-election against a banana or did the banana pull in record numbers of votes from intelligent apes connected to Neural Link?

The first probe headed to 16 Psyche won't make it there until at least 2026. SpaceX took 18 years since its inception to put the first astronauts in space. They had dozens of failed tests before perfecting their self-landing boosters.

The FUD of asteroid mining is hilarious because it is simply not viable in our life time. For starters you will need to dislodge the 16th largest object in the solar system from its orbit around the Asteroid belt to send it barreling towards stable Earth orbit. You will require a sizable amount of fuel. That by itself could take decades and multiple trips around the Sun until we manage to put it close enough to Earth that we could start mining it.

>>27180889

Once we have the technology for a space elevator, we will have had the technology to make Silver obsolete as a conductor for many decades, so not my concern, or my children's concern.

>>27181882
>posting the fucking serial number of your safe on four chan dot org slash biz
When silver moons to $1K and the government comes to confiscate your stack, just remember that you were a retard.

>>27181509
>>27181777
>do you even macro
NGMI

>>27181882
>1882
https://en.wikipedia.org/wiki/Immigration_Act_of_1882

Blessed year, blessed pic. Simple as.

>>27181977

They can't, by definition, unfortunately. Nobody can take delivery on SLV unless they are one of the very same banks who are shorting silver into oblivion. >>27175371 It's an unbacked, unaccountable, undeliverable, and unallocated fraud.

>>27181882
just bought 10oz of that beautiful coin

>>27181977
They can't... Only massive players can

>>27180280
This, combined with the tweet earlier in the thread that multiple online bullion dealers are completely out of bullion, is both disastrous for the survival of the COMEX and hugely bullish for silver prices shooting the roof, right?

>>27182238


Anon of the 600 million oz of silver held by JP Morgan

how many of them are paper Oz?

>>27181816
Well, looks like there isn't a good reason after all to buy it.
I mean there's no issue in saying "Because I like to hoard coins" or "I like to LARP as a pirate", but is that really /biz/?

>>27182420

It's about working as a team towards a goal anon.

>>27174626
Fucking kike rats laugh at everyone.

>>27182313

If we keep up the pressure and keep people educated, yes. The chief danger is that they get demoralized or lose energy and give up. We need to make sure that people aren't afraid of the spot price dumping and that they understand how the COMEX works and that SLV is a fraud and so on. The physical demand needs to remain unrelenting and undaunted.

>>27182349

Not sure, I think that 600 million ounces is only speculation. Who knows how much silver JPM really has.

>>27182110
We have had the technology available for an orbital ring space elevator for decades. See Paul Birch’s papers from the 1980’s.

>>27182127
I didn't know it was a big deal!!!!!!

>>27182089
I will probably replace it soon.

When buying silver, does type of round matter? Or should I just pick one that looks cool?

>>27180853
Decent

I took a job at a laundry mat while in college, after about 1 year there the owner trusted me enough to empty out the machines on the weekend.

Soon learned that just grabbing a handful of quarters and looking at the edges I could find the silver ones.. In 3 years I collected about 200$ worth of silver quarters..

One day the owner comes in and sees me searching and asks whats that all about.. I tell him and he laughs and says he used to search for them as well but just sends them to the bank now ( weekly deposits were about 7000$ in quarters, which were weighed and put in canvas bags for the bank) Right before I left he gave me my bonus that was 1000$ in silver quarters, told me if I became a bigshot engineer to find him and buy him out so he could retire next to a casino in Lake Charles..

I did go back about 4 years ago but he died and his kids sold the laundromat to someone else...

I still have those 2 ammo cans of silver quarters under the bed..

I've always wanted to put money in precious metals. I'm completely new. Do I go into PSLV, AG or SLV, then either MUX or SSRM?

>wanted to buy silver in 2019
>had no money, but by 2020 I should be able to afford
>Covid happened and trying to save money cannot be buying silver now
>things settle now, for 2021 start planning on buying silver
>people suddenly want to drive up the price and silver rush happens, price almost doubled looking now
Am I screwed, or might they manipulate the price to scare people giving me one last chance?

So where I buy it the Silver eagle is at 30 euros. It's too much, right? I bought them for 18 one year ago.

>>27182576

AG is where the momentum will be. Its CEO refuses to supply the COMEX and the bankers are punishing him with a 30% short-float, the same as Volkswagon used to have. It has become a cause celebre. Never buy SLV, it's a fraud. Only PSLV.

>>27174742
Whats wrong with your hand anon?

>>27182569
Boomer
Oomerb

>>27182544

Buy 1oz as close to spot as you can

if you see something you really like, then indulge, all goes towards owning the entirety of the silver

which is only 9 oz per citizen of the USA

>>27182127
They can have my Pb first.

>>27182577
you are screwed.

>>27182532
Don't beat yourself up over it too much, if it makes you feel better I got stoned and posted the serial number on my gun in the last thread before somebody else pointed it out and told me to delete the post.

>>27182655
So, go AG or PSLV, then get into a mining with MUX or SSRM?

>>27182577
Rev up those kneepads for BJ's

>>27182627

That's 1 euro a gram roughly

spot is 0.78 euro per gram on the first google stock indicator

so premium of what 22 pence?

>>27180874
>you'll be selling
I will be sitting on my coins.
And when prices go down, I'll be buying even more.

>>27182062
Thanks for a vid fren.

Note to any lurkers or naysayers: pic related.

>>27181882
fucking saved

>>27182576
>PSLV
Yes, for small amounts. Once you have a bit buy the physical with the "profits". Vault storage is a flat fee. PSLV expense ratio scales by volume
>AG
Yes but I'd only put a small position in now if you don't already have one. A short squeeze only goes so far and the pressure from small time investors will likely only be temporary.
>SLV
Avoid at all costs.
>MUX
I'd avoid because of the horrendous share structure.
>SSRM
Odd choice. Don't know enough about them

>>27181509
I think it's called a cup and handle

Is the premium on silver eagles worth it? Do you get the premium when you sell it?

>>27179444
the fattest faces taste the worst. there is a direct correlation, a combination of the texture and reduced cocoa in the choccy

>>27182789

AG (First Majestic Silver) is a mining stock. Look up some interviews with the CEO, Keith Neumeyer, you'll like him.

>>27181498
Same. I'm dropping 2k into AG and 2k into ASE's adding to my 500 plus oz stack. Silver chads gonna make it.

Bullion and PM dealers are now running 3-5 day delays.. this could be huge.

>>27173973
Leaf here about to buy a Monsterbox. Do I buy 500 Maple Leafs or 500 American Eagles? Leafs are cheaper per oz but 'issued currency' here. American Eagles are higher per oz but government doesnt have any jurisdiction over them. Which would be better, or does it make a difference?

>>27182569
:(

>>27182920
>>27182655
>>27182963
ty frens

>>27181254
bump

>>27183100
No difference, pick whichever you like. Silver is silver. Welcome aboard!

>>27182511
Interesting, I wasn't aware of that, thanks for bringing it to my attention.

Still, it's a catch-22 isn't it? $31T of investment in 1980s money for almost no short term economic value, which can't be realistically brought on until we have a decent and cheap way of lugging payloads into space.

>>27182884
Based. Pls blank out that serial if you repost though

>>27178077
how do you have that much gold but dont understand that what you have equals 137 ag equivalent oz?

You are dragon tier tho, what is confusing about the bottom bit I put that explains the gold to silver ratio used for tiers? seems like people get confused but it seemed clear to me when I made it.

>>27183177
Pay Cash and conceal your face, fuck the banks leaf

>>27174742
https://www.youtube.com/watch?v=DbsMZecRgbI

>>27183272
>what is confusing
they think that you need both the silver and the gold to qualify for a tier.

>>27180086
>get a million people to spend $3000

If that's really what it takes then this is a hopeless cause.

>>27182569
That is based anon. I hope his kids were as smart as he was.

>>27183264
will do, probably won't repost though. I just like the image

>>27182920
What about
>PHAG

>>27183264

You ought still to be able to delete the image in the post if you do it quickly. I'd hope that anybody who saved it would also be good-natured enough to delete it from their hard-drive.

>>27182884
Ok, and?
I get what you're saying, that when faith in fiat declines, purchase of PMs increase, but what is the scenario that you're thinking off after that?
If silver is going up, it means fiat is useless. If fiat is usless, there's no point selling the silver for fiat. What do you then do what the silver? Are you envisaging a scenario where current society collapses? If so, why would silver or gold coins have any use at all? A collapse in current society is cataclysmic, it won't return us to the 17th century monetary systems, it will send us back to bartering, theft and murder.
I just don't see how then this can be considered an "investment". Return is only possible, and is a remote possibility, if civilization collapses

>>27183405
You start pinging momentum indicators and get large money funds (pension, endowments, etc.) on board they CAN clear that volume out.

>>27183488
I don't see what's wrong with the pic, I won't save it out of politeness I'm just curious

>>27183600
Pension fund managers becoming aware of this would be an interesting strategy.

Eric Balchunas
@EricBalchunas
·
4h
Also a bit of irony in the WSB plan is that JPMorgan is the custodian for $SLV so they get a small cut of all the new assets going into the ETF.

Gold, Silver, Bitcoin, Shitcoin I don't care it's all going to the moon because the dollar is shit!!!

>>27183562

>A collapse in current society is cataclysmic, it won't return us to the 17th century monetary systems, it will send us back to bartering, theft and murder.

Remarkable that people are so indoctrinated that they believe this. That society would actually collapse into looking like a Fallout game if fiat money and banks weren't here. By the way, in the Weimar hyperinflation, you could buy a mansion for five ounces of gold.

>>27183662
>>27182127

>>27183562
Why the fuck would I sell silver for fiat when I can use it for barter? Or how about storing my silver so that I have a head start for the next monetary system? I do also have a stack of food and basic necessities.
>Return is only possible, and is a remote possibility, if civilization collapses
Look at the price of silver next week retard and say that again

New

>>27183875

>>27180893
you're supposed to buy PSLV or AG you brainlet.

You're just giving money to the bankers now
fuck SLV

>>27183405
LOL you still don't understand what happened in GME, AMC and others, do you?

Retail traders were actually only a part of the whole thing. On Thurs/Fri, published numbers showed that retail was actually NET SELLERS

Big players are behind the scenes helping to orchestrate and/or also ride the waves