/biz/ - Business & Finance

>>27515244
I am financially ruined I bought this yesterday for a higher price

Newcomers need to learn not to pay any attention to the silver price on Kitco.com, goldprice.org, etc. It's taken from a place called the COMEX, which is simply a paper derivatives market. In Chris Marcus's book "The Big Silver Short" the industry insiders whom he interviews estimate that there are about 500 fake "paper" "digital" silver ounces for every real physical ounce in existence. The banks therefore are all extremely short silver (picture related is the latest COT data), up to 50,000% short. Compare this with the 150% short-float of GME. They would collapse if there was a run on physical. All they can do in the mean-time is keep shorting the paper price more and more until the ponzi scheme collapses, because they are backed into a corner from which there is no escape. The average historical daily wage in silver from the age of Pericles to that of Dickens or Henry Ford was about 1/10th of an ounce (https://lenpenzo.com/blog/id47735-historical-gold-and-silver-benchmarks-for-job-wages-and-commodity-prices.html)), so the fact that, on a historical basis, silver ought to be at least $1000 an ounce today (40x higher) is clear proof of hyper-predatory shorting. In fact silver has nearly been wiped out of existence because of it, which is probably one reason why the oligarchs started the Great Reset now, because they knew that the world was about to collapse into a new Dark Age from lack of silver. The market cap of investable silver is probably only a few tens of billions of dollars, simply keep buying physical and hold.

>>27515244
>>27515400
>>27515461

Imagine being a GME tard right now.
>This feeling eating away at you that you could have bought silver and have some beautiful maple leafs in your hand right now, feeling their nice cold touch, hearing the enchanting click of 2 silver coins colliding, but instead you can only look at your phones screen and watch as the red numbers get bigger and bigger and bigger as your entire savings go up in smoke.
>The surreal situation of watching it all happen virtually, just like a video game, as your future is chosen for you: to be a wagie forever. At this point you can feel your soul die, as the last of your fortune turns to dust.
>Visions of a dirty, greasy mcdonalds kitchen begin to cloud your mind, as you hear a distant voice, quit at first, but slowely getting louder and louder: "Anon, we told you that silver was the play. Why didn't you listen?"
>As you are ripped back into reality you remember how hard you fought against the "silver shills" trying to distract you from becoming a millionair over night. It slowely dawns on you, that they were simply trying to guide you towards a brighter future. They were there to save you from yourself, but you called them names and drove them away.
>All these years of your life on this planet all just lead to this moment, one mistake and it is all null and void.
>A single tear rolls down your cheek and you take a deep breath as you let go of the railing

>someone claims silver is tanking
>BTFO them with this
>they delete thread
Classic

>>27515244
I'm surprised that magazine cover is from 1997. I first heard of BRE-X in 1990.

>>27515482
>bought last week
>sold at Friday
>bought the dip today
Feeling good

>>27515400
20 oz for this much? Jesus I'm now sorry I didn't buy more yesterday at the local refiner.
The prices aren't going back down here. Not a chance. Not yet anyway. If the demand goes down then maybe the premiums will come down a dollar or so, but I'm not holding my breath. I thought I fomoed yesterday a bit (doesn't matter I'm not selling)

>>27515491
It isn't tanking, but it's being manipulated. This isn't a surprise to anyone who isn't here just because of two days hype

>>27515540
yep it took a while for people to realize the scam and its scale, its STILL fucking our junior miners and PMs in general over to this day.

how to measure junk silver? just count out the amounts of each coin you have? what about those dimes with the different backings? that doesnt matter, right? Im trying to add my silver countings to my portfolio.
And what about gold coins, measure them by weight or by coin type?

>>27515244
When is the bid/ask spread going back to 10 cents?

>>27515400
You are fine. Buy more.

ARE YOU FEELING IT FRENS

I CERTAINLY AM FEELING IT

POST STACKS AND FEELS

I posted earlier about my boy hooking me up to get started with a stack, finally home.
Two roo's, three krugs, a Brittania, six ASE's and thirty mercs.
He gave me the one ouncers for $30 each and the mercs were 21x face value. Though whatever I saved with him keeping it closer to spot was ate up by having to pay sales tax on it.
Just waiting on my four one ounce bars to come in now, can't wait to get rid of more paper money for glorious metals.

oy vey!

>>27515400
>i preordered this exact tube for 610$ 3 months ago
buy it anon

Hey newfags who FOMO'd. Feel free to sell me your worthless boomer rocks.

I'll pay half of what you paid and you'll be happy.

>>27515482
Silver for the win. We might be down but we aren't game stop down and we actually still own something to look at haha. I love my. Silver. I bath in it all the time

>mercury coins
Isn't mercury super toxic?

On Tuesday, on the other hand, silver will fall significantly again. The reason: the increase in the required security per silver futures contract by 18 percent (initial margin).

'Investment waves in the precious metals sector are regularly broken by this means of increased liquid margins. For the sellers (establishment) the increased liquidity requirement is not a problem, for the rest of the market it is (to some extent forced liquidation). As a result, the silver price lost ground ', commented Folker Hellmeyer, chief analyst at Solvecon Invest, on the events on the silver market.

know the enemy, buy more subsidized silver coins

>>27515848
nice additions anon, really good prices especially now.

>>27515782
kek, sauce on booba

>>27515742
Stop being a fucking brainlet.
>Use NGC
>look up coin
>check ASW (actual silver weight)
>convert troy ounce to grams
>calculate spot price by total grams
It’s this easy

From previous thread
>an ounce silver is 50 million bolivars or $5000 usd
What is the source for this anon i think your math is off

Any morning bird ausbros here?
Where are you buying your physical silver? Another 100B round of QE announced yesterday. I'm not feeling too good about my large fiat position right now.

Seems like any problem is now solved with printing money instead of tweaking policy. Fuck this shit.

>>27515873
i bought 2 at this price and 3 at 650

>>27515244
>not using the tinder screencap from last thread for a buying metal from rich hoes edition

>>27515782
I AM FELLING IT TOO FREN
https://www.youtube.com/watch?v=Gxktlk8NCJ8

>>27515940
CARLOS YOU FUCKER

I'm so tired of the manipulation frens. Bullion dealers are cleaned out. The few things up around here are marked up 40% to paper price. Yet silver is hit down to 26.5 USD and not a peep about manipulation. I'm so tired

>tl;dr from previous thread
>ups driver forged my id verification/signature
>should i file an insurance claim to get a free stack?
Ive had packages stolen before and this shit absolutely infuriates me.

>>27515685
This. But that picture is the real demand vs paper. The premiums aren't growing because the dealers want to make more money, the dealers are reacting to the demand and thinking that they will have to lay off people if they don't find new metal, fast. This is the reality of being a dealer.
I know some people think that they are gouging the prices but it may be a case with a few Ebay sellers when the majority of dealers remember last March when they had to close the business down for a month or more because there was no physical to buy at all.

>>27515940
Yeah that’s why you should never buy them

I'm watching rounds on TD drop to at least 40 leafbucks before I buy any significant amount.

Can't find anywhere in Canada charging less than around 8-9 dollar premiums right now.

Are their counterfeit Silver Eagles? I wanna dump my 10oz bar.

How can I have COMEX silver delivered? I want to buy it at spot and have them deliver it to my house.

>>27515940
Is this bait?

>>27515984
Thanks, this is the first I have ever owned and it feels so fucking good.

>>27514070
Terrible but necessary suffering, and then they get a clean slate. Debt is inflated away, they have no savings but once a new currency is established we can start rebuilding. Contrary to most ITT I don't think there's any reason to be pessimistic about the world post fiat.

>>27516213
https://www.cmegroup.com/education/courses/introduction-to-precious-metals/what-is-the-precious-metals-delivery-process.html

>>27515742
http://coinapps.com/silver/coin/calculator/

>>27516213
quit it with the anti-semitism

posting different angle, kept getting duplicate file. The mushrooms are an etsy purchase, can't say I got a good deal on them but together they are one ounce.

>>27516186
only 2009 ASEs are counterfeit according to /biz/

>>27515244
Enjoying reading about troy measurements lad, luv' old fashioned stuff me

fook' metric

>>27515848
All sorts of valuable metal there from the silver to the ammunition!

lowered my average price on AG
still up on CCW
got in on POWW today before their earnings report

>>27515940
Mercury dimes

>>27516121
After talking to two different LCS owners today, it seems they are completely aware that its manipulated.

>>27516213

It's too expensive for the average person to take delivery on the COMEX unfortunately. Only thing that we can do is buy physical, allocated bullion like PSLV and BullionVault or ethical miners like AG which refuse to supply it.

In for VES inflation.

>>27516429
Sexy stacks
>>27516132
Fuck yes you should. Especially if you have him on camera doing it you can just say it was stolen and your wifi was out when the looter took it
Get yo stack

One worker is dead and two others have been injured in an early morning mud rush at the New Afton mine, located 17 kilometres west of Kamloops, B.C.
Mine owner New Gold Inc. said in a media release that a contract driller is presumed to have been killed while two New Gold employees received non-life threatening injuries.
Work at the mine has been suspended and New Gold said RCMP and the provincial safety authorities are on scene.
New Afton mine produces gold, silver and copper.

>>27516121
>I'm so tired of the manipulation frens. Bullion dealers are cleaned out. The few things up around here are marked up 40% to paper price. Yet silver is hit down to 26.5 USD and not a peep about manipulation. I'm so tired
yeah meanwhile MSNBC was kvetching for a fucking WEEK about gamestop kek

Picked up 80% from picrelated today.
Over 7 kilo's.
They can't keep getting away with this!

>>27516121
Talked to multiple shops today, some offered me 1-2 above spot for my 300 ASEs, some offered spot, some offered below. One offered 3 above.
I asked the one I buy from usually what they were selling for, 7 above spot.

>>27516121
I stopped being angry with this a long time ago, but the last year and now made me furious. I'm in an adjacent field and my business model requires pretty steady supply of silver. It's gone now so I'm trying to find shit to sell. Ain't easy.
The manipulation is obvious to a lot of the people anon, more than usual. No linger are the people staying silent about it and people are actually blaming Wallstreet for the first time that I've ever heard. Usually it's the dealers that get blamed for daring to sell the metal with a premium. People before didn't try realize what was going on. The GME, stupid as it was opened a lot of people's eyes.

>>27516503
Luv Me Imperial Nits
Ate the Metric Systm
Simple As.

>>27516669
>New Gold

>>27515940
>The Mercury dime is a ten-cent coin struck by the United States Mint from late 1916 to 1945. Designed by Adolph Weinman and also referred to as the Winged Liberty Head dime, it gained its common name because the obverse depiction of a young Liberty, identifiable by her winged Phrygian cap, was confused with the Roman god Mercury.

I really want a gold claim bros, I'm sick and tired of sitting on my computer "working" from home. I want to take winters off from "working" and to a claim somewhere warmer like Arizona, camp out for a few months and find shiny rocks.

>>27516560
Is First Majestic the only mining company that refuses to supply the COMEX?

>>27516669
bullish

>>27516669
bad for bizness

>>27516785
I'll go in on it with you.

>>27516570
no cameras anywhere nearby which would make it easy. I doubt ups would honestly care that much about a sub $1000 claim as well. Honestly im 100% thinking i should then use the money to just get another stack. It pisses me off so much when people dont do their jobs. They dont even have to do it well, but like if something is required, you cant just not do it.

>>27515940
nah bro they had mercury pills in ancient china, they gave you immortality but the jews are hiding the secret by making people think mercury is toxic

>>27516785
start pinging Pan Man, he is the SME for things like that.

I want to buy silver but websites and local stores want so much above spot price what do i do

>>27516669
just read about this a minute ago, major land slide took out a crew pickup and than a separate rock came down and struck another person helping with first aid. Horrible incident.

>>27516698
If the demand won't go down soon they will start blaming the dealers for "manufacturing " the supply shortage. They've done this before. This time the people aren't buying it as easily.

>>27516889
The point is it could have been stolen and that kind of practice should absolutely not be tolerated, he should be punished for leaving your valuables vulnerable when his company literally pays him to do the opposite. You should really fucking do it.

>>27516785
>I'm sick and tired of sitting on my computer "working" from home.
yeah this shit can't last forever. humans aren't meant to live like this and it's showing more and more the longer we're forced into this shit.

>>27516397
Quite reinforcing the stereotype

Indium pretty low right now
Copper way too high to buy
Gold is pretty low rn, as its overall slowly rising
Silver BEST TIME TO BUY IS NOW

>>27515491
Just link them here next time: https://store.firstmajestic.com/

>That PSLV/SLV divergence.

>>27516975
hodl, wait, scalp on ebay I have found some decent deals there
pawn shops too can be alright

>>27517040
Nothings stopping you from breaking the trot except your mind

>>27516669
Horrible. My thoughts are with the workers' families. Mining is such a risky, dangerous job. We all, myself included, look at these companies with dollar signs in our eyes and probably don't take enough time to realize the back-breaking and dangerous work that goes into it. Sad.

>>27516560
This is gud fud repellant.

>>27515244
I fell for the memes bros
Rate my first metal purchase
12 oz of eagles(2020)
12 oz of leafs(2021)

TORONTO , Feb. 01, 2021 (GLOBE NEWSWIRE) -- Innovation Metals Corp. (“IMC” or the “Company”) is pleased to provide the following update regarding the Company’s ongoing commercialization development program for IMC’s RapidSX™ technology, at the RapidSX Commercialization and Development Facility (“CDF”) in Kingston, Ontario, Canada .
IMC's proprietary RapidSX technology is being commercialized for the cost-effective bulk separation and purification of rare-earth elements (“REEs”) — including both heavy REE (“HREEs”) and light REEs (“LREEs”) — for the production of REE oxides (“REOs”), in addition to other critical metals, such as lithium (“Li”), nickel (“Ni”), and cobalt (“Co”) for lithium-ion battery materials.
Commissioning of the RapidSX demonstration-scale pilot plant (“RapidSX Demonstration Plant”) is scheduled to start in Q3 2021. A comprehensive, independent techno-economic study and the design of a commercial-scale REE separation facility are planned for completion in Q1 2022. IMC anticipates that RapidSX will be ready for commercial adoption and implementation by IMC’s customers via revenue-producing licensing agreements within 15 months (Q1 2022).
IMC President Tyler Dinwoodie stated, “The outlook and opportunity have never been stronger, and we firmly believe RapidSX holds the near-term potential to be a disruptive technology and a critical component in achieving domestic commercial REE production.”

I'm here to return the favor, /pmg/
I won't tell you to blindly jump in. DYOR and realize the incredible opportunity I'm spoonfeeding you.

>>27516132
It happened to me before as well. Not with the silver but with forging my name on the delivery. Based on the reaction I got from the UPS: tell them you never received it. They don't give a shit when you call and complain, not even a discount on your shipping, nothing.

>>27516975
buy it anyway, the spot price is fake that's the whole point

>>27516785
go have a look at https://thediggings.com/ for some open ground with a gold showing on it, or look for a placer claim that already exists but doesnt have a current owner. That website will show you EVERYTHING you need. Also the OP has some info on staking a claim in the US as well. Get cracking at it anon lands moving fast!

>>27517156
I'm unemployed kek

>>27516806

I presume that any mining company with #silversqueeze in the name is also going to refuse to do so. Can look around Twitter. Kuya is one example. Bayhorse refused to produce below $20 silver even though it could have made a profit at $12 silver because the CEO didn't want to sell cheap silver at a manipulated price.

Can't wait to buy cheap kilo and 100oz bars in the near future to new paper hands

How do you assess the risk of a dealer giving you counterfeit fake silver?

>>27516886
Bring a tent, I ain't sharing mine.
>>27517239
>lands moving fast!
uh oh, I'll get right on it then. Thanks for the link!

>>27517017
fuck it, i think i will out of principal. I fucking hate their company with a passion so if they dont do the shit they're supposed to i dont give a fuck.

>>27517202
thats the plan. just wait til tomorrow monring, submit a claim saying i never received it, and that i never signed for it so it was either delivered to the wrong address or forged and stolen.

>>27515876
I second that. I'll also buy your boomer rocks at spot.

>>27517172
Congrats man they look very pretty, golden state mint?

>>27517172
looks beautiful

>>27517190
Thank you, will take a look.

>>27517119
>>27517214
ahhh but i buy the top on everything already

>>27517157
its worse in this case because there was probably no real way to know the land slide would happen, warm weather and recent snow probably contributed but shit happens and you just have to prepare for it. A few years ago on an underground project I was working on, a young guy got killed from a rock bolt falling out of the back of the stope above him, hitting him square on the head from 40ft up. Totally random, no way anyone could have known it would happen. Wrong place wrong time.

>>27516429
How long have you been stacking?

Are gold coins worth the same value as if they were bars or bullions? Say, a gold eagle (BU) versus a 1oz bar of the same weight
Does the fact its been minted and uncirculated add to value?

silverbros i dont feel so good...

>>27517578
A local exchange here in leafland >>27517588
Thanks fren

>>27516429
Take some of those coins and rub them against your balls it feels so good. You could also use those mushroom ones to stick up your ass.

>>27517172
Good. Buy more.

>>27517500
Buying at a certified seller

>>27517575
Yup. And when they want your signature on the package or something (I'm not sure if they even require this) it will be obvious it was forged.
My driver literally wrote my name on his little bullshit machine. Fuck them to hell for not giving a shit.

>>27516669
https://www.northislandgazette.com/news/1-dead-and-2-injured-after-mudslide-at-new-afton-mine-near-kamloops/ Full story here

>>27517611
The great thing about physical is no matter what you're still holding value. It's not going to vaporize on a chart.

>>27517689
Why? Did you eat your silver? You only lose if you sell.

>>27517808
Plan on DCAing some more crypto earnings in long term for sure, silver and gold kinda been on my mind since like 2018

>>27515244
Why are people still shilling PSLV? You can’t take delivery until you’ve bought 10,000 ounces, which only literal millionaires can afford.

>>27517059
Seems like a pretty good time to buy gold too, what really drives it to dip? Surely it isn't manipulated like silver is.

>>27517689
take your dumb crypto memes to the dogecoin thread

>>27517689
Im the opposite. Miner tanked. Silver tanked. More cheappies

>>27515876

I'll pay 50.1% of spot, and I'll throw in a mercury dime for your troubles. First house wife BJ is on me.

>>27517988
we should crowdfund it via smart contract

>>27517689
let's go for a drive, cmon it'll be fun don't forget to bring your silver

>>27517988
I’m newish to metals but my thought is that pslv actually caused buying pressure on the actual physical market since they back it up with reserves

>>27517881
that's a cool way to look at it

>>27517819
guess its buy one stack get one free courtsey of a shitty shipping company. Ill let you guys know how it goes. Will likely be about 2 weeks before i hear something back.

>>27516429
This reminds me. I'm in jewelry business but buy pure for my savings.
There is one company that makes pure silver jewelry. 999.9 pure.
The pic is related. I forgot that one can buy this on Ebay without a premium. Hard to trade but I still keep all that I find. This one is a bit more than an ozt.

>>27517624
Roughly 7 months, but I also declared bankruptcy at the same time and wiped my debt and now all I do is sit at home under quarantine collecting from multiple income streams and stacking silver/gambling on stocks.

>>27517980
I've been putting my crypto gains into silver for a while now. Keeps the tax man away and keeps me somewhere much more stable then crypto and way less risky. Crypto is cool but it's one pen strock away from being gone.

>>27518134
*actually causes

>>27509441
Blue lagoon resources owns one of the highest grade copper deposits in the world, two billion dollars worth at current prices. No debt and six million in cash all for a less than 100 million dollar market cap. They have only been a company for about a year, which is why the stock is so cheap.

>>27509990
Hold the miners. The boom cycle goes physical and etfs - > majors - > mid level - > juniors - > explorers with each jump becoming more and more explosive. Something like physical does a 2x, then majors do a 4x, then mid-level does 6-12x then juniors do a 10x-50x then exploration does 50-150x.

>>27518192
One US company*

anyone been able to purchase since the weekend? no one has anything nice

>>27518192
I'll ask for that shop's name if you know it or want to give it to me, but I also understand if you don't. Same reason I bought everything I needed from Texmetals before I tossed that name out there on /biz/. After I did that, they ran out of stock in like an hour.

>>27517881
>>27518140
It's truly God's money.

>>27517871
Its been fairly warm in the valley here, doesn't surprise me this happened. Lot of sloughing goes on here when it warms, and this year we apparently aren't getting the cold snap so its going to be landslides, slumping and washouts sooner rather than later.

>>27517239
How realistic is it for an amateur to get into prospecting/mining? I have read that if you find a good ore deposit and can get the ore out of the ground and to a refiner larger companies will buy out your claim.

>>27518202
Very true fren I bought my dad like $500 worth years ago for his birthday think it’s worth like $1200 now so it’s a decent store of value

>>27518430
Wrong response?
Or are you asking about Ebay sellers name? Or the company's name that makes the pure silver jewelry?

>>27516121
I'm happy. When silver took off I realized I was angry because I wanted more time to accumulate and it was disheartening to see rich do nothing faggots buying ten times my stack in an instant that took me six months to accumulate. Now we have more time to stack.

>>27517172
based and bogged pilled.

>>27518430
If you are asking about any of these 3 >>27518673 I absolutely don't mind telling you what I know.

My silver stack is puny and this silver rush and price jump fucking killed my plans for this month. I just went ahead and bought an ounce of gold instead.
When will we enter the age of silver cheapies?

AG is bleeding all the way down. I am so passed people "realized the silver squeeze was a scam" and pulled out. AG would have gone up to at least 35 by now.

>>27517172
now you just secured at least 2 or 3 generations of your lineage.

>>27517172
Nice what'd you pay

>>27518087
>crowdfund it
I’m pretty sure PSLV does delivery only in 1000 ounce bars so there’d be an extra cost to refine it
>>27518134
That’s true but you’re just throwing money at something to spite the system without getting anything in return

When I was stoned out of my mind one day I picked up some of my Maples and Philharmonics by hand and now 2 years later I see some colouration there due to oxidation. Is their value fucked now? They are still in almost mint condition tho.

>>27518893
I just want to price to dip so I can buy 1000 mercs and have a solid stack. I need BJs from FWTDHWATQUD's

>>27518996
>Seeking value outside of spot

Numismatists get out reeeeeee

>>27518996
still an ounce. its called milk spotting

>>27518996
Yes they’re only worth half spot once they get tarnished, but I’ll be generous and buy them from you for $20 each

>>27518893
Hopefully by the end of the week when plebbit dumps their FOMO's. Memes aside though it will be interesting to see what happens after giving the miners/processors or whatever enough time to get dealers back to flush. I am not sure how long that usually takes or how to speculate how long that will take in the current situation surely a regular here would know.

>>27518521
its pretty hard to actually get a larger company to buy out your property, it involves thousands of dollars in trenching, soil sampling, general exploration and even drilling.
If you want to get into prospecting as a hobby or something fun to do, there is a book in the OP that has a lot of info that is handy. Also while you may find neat samples dont count on every single one being a gold mine. Prospectors explore ground and find traces that geologists than follow up on. Do some reading on the subject, watch some vids by Askjeffwilliams on youtube as well, hes got what your looking for.

>>27518893
give it a monthish I think it will be similar to how the markets were last year. Cheapies sponsored by Cohen, Mohen, & the Gang.

>>27519146
>>27519165
>>27519183

So if I go to my coin dealer they'll still pay me the same price as for a mint version? I don't give a fuck about autistic value I just wanna know if I get the same value as I will get for untarnished ones.

>>27519195
Cool, thanks for the reply and all the effort you put into these threads.

>>27519308
Does the bull going to be ok?

>>27519357
Circulated morgans tarnished as fuck were $30 at my LCS today the same price as bright and shiny basically untouched bullion.

>>27519357
ONE OUNCE TROY IS EQUAL TO ONE OUNCE TROY

>>27519554
nope bobo takes no prisoners.

>>27518673
>>27518801
Might have responded incorrectly. I was asking for any ebay sellers names you have where we can still grab silver without high premiums. I have no qualms with grabbing jewelry. My apology.

>>27519503
no problem! you guys help keep me sane anyway through these long winters and two week work periods.

>>27519578

So I'm good. That's all I wanted to hear.

Ps. not fucking selling

>>27518801
Not him but I'm curious about that seller

>>27518918
AG is worth holding onto for their bullion discount for shareholders alone. 100 shares gets you a 50 cent per oz discount on their bullion store. Based as fuck.

When they resume selling bullion that is... completely sold out as of the weekend.

why is silver so comfy bros? I only have 26oz but its so nice to know that i can hold a silver coin and not some retarded government paper.
Also pic related, got 2 of them, actually pretty nice

>>27519554
not for the paper trading stock jobbers

>>27516051
I just paid 602 locally for 20oz. They had generic 1oz coins at fucking 27 dollars because of the BS price index, of course they were all out tho.

>>27519578
morgans are .72 of an ounce dude

I got this silver 1957 quarter in the change for my lunch today. I'm thinking it's worth more than the lunch lol. What's this worth?

Just found 1.85 oz in my desk randomly, forgot any of this was here, kek
Yeah I know the buffalo nickel isn't silver, but its history
And yes those are 8 war nickels
>>27518421
Call coin shops, they all acted like they had plenty when I called, I live near a very big city though.

>>27518945
Based
>>27518955
$1050 leaf bucks

>>27515244
Where my pirates at?
https://youtu.be/DRXUWwn86FE

>>27519357
It depends on the coin dealers. Some might not care while others will pay you a dollar or two less. If you ever sell (you shouldn’t unless it’s an emergency) just make some calls and see who will pay you the most

>>27519937
about two bucks. Look up silver nickles on ebay. anything before 1964 is silver.

>>27519937
>http://coinapps.com/silver/coin/calculator/

>>27516121
I just got some local, they had their prices all 3-5 dollars higher per ounce for everything yesterday and almost sold out all of their inventory. Because of the BS price, they had everything marked down today, even though they had record sales yesterday and are completely out of stock now.

Two pieces I ordered a few hour ago have now sold out on that site

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAH CLOSE ONE

>>27519937
I would say 2-4 bucks anon

>>27519184
reddit didn't fomo silver though, alex jones sent out the call- the schizos are not going to sell.

>>27515244
Do you think it's even possible for banks to keep this charade up for 2 more weeks, considering there's no physical and spot price is dumping?
I have some laughable amount of money in miners so far (I wanted to focus on getting a 2.5oz gold/250oz silver suicide stack first) but I will finally have about 6k to invest all into micro caps mid february. I'm FOMOing hard right now and thinking about taking a quck 6k loan on pretty bad terms (I don't have access to options at my broker).
Please, JP Morgan, just 2 more weeks.

>>27519696
>>27519858
I'm so bored of the blatant manipulation bros, despite my phys stack. Truth is valuable too.

Also how come you fucks ended up making me get a new hobby hoarding these coins? I have stocks and crypto but started stacking 2019 when I read /pmg/ for the fun of it. Soon I purchased my first tubes. 120 oz now still not much but keeping on stacking. It just feels comfy as fuck somehow.

>>27515491
Paper and physical are decoupling

Honestly since I didn't get in on the initial craze and don't really have the money to throw around for a meaningful amount of silver, the next best thing might just be to buy plated bars from alibaba and hope it'll never come to that.

Except those would actually be worthless in value.

>>27518192

Anon do you happen to have a source for wholesale 925 sterling chains from Italy? I've been wanting to try to flip them but I'm only doing pre owned vintage stuff.. I think most chains are made in Italy in would like to find out the wholesale price.. I love silver chains I'm wearing some right now

>>27519924
I meant the dealer was using the $30 bullion price in the calculation of how much he wanted for them.

>>27520176
not bad, I got ~$5 quick lunch. Feels like a net win because I got the food too.

>>27520278
huh. ok that wasn't the pic i selected but it still works

>>27520193
the only mentally deficient people here are the ones with blind faith in a paper tiger dollar

>>27519937
a silver quarter is .1808 troy oz

>>27516975
Shop around locally its where you will find the best deals. Maybe take a drive if needbe, its worth it.

>>27520221
itll go back up buddy keep stackin

>>27519795
How do they verify you're a shareholder?

>>27519986
Every time you post I get a semi from that stack of pamps. Shop owner today was showing off the ones he carries in his walled that are credit card shaped.

>>27520350
ah okay, thats really good then especially if they are details quality

>>27520282
this. its the comfiest hold ever and tons of frens. enough to out a shill on contact

>>27520292
I don’t see it that way, people charging $35+ an ounce are just looking for a way to maximize profit from the FOMO of all the newfags buying in. When spot goes down premiums will go down with them, as we’ve seen with Monument charging $30 an ounce for generic rounds now

>>27519938
fuggin forgot pic

>>27520193
>the schizos are not going to sell.

good, with r/wsb name brand recognition and boomer resolve we can work towards the great decoupling. Being a retard never felt so good

>>27520640
Do pre 64 nickels have silver? I was told they don't, or am I just being trolled?

>>27515244
Guys this is my first time posting in this thread so I'm just gonna shoot my shot. I just want some opinions on my thought process.

I have been buying gold and silver with 0.5% of my paycheck (apart from a couple of large purchases at the beginning) since I have started working. 8 years ago. 1.) I see this as true wealth preservation. Am I correct in this assumption? 2.) I am not wealthy but I made some money in crypto, so I am obviously biased towards crypto for wealth creation. 2.) Can preciousness metals moon shot like cryptos? 3.) Is it to late to allocate a larger amount towards precious metals?

Currently
>1 oz platinum
>3 oz of gold
>2500 grams of silver.

>>27519743
When travelling is possible again and i have some spare buckos, i'd love to travel to us for a few weeks of panning with ya!

Hey /pmg/ is 29.54$ per troy oz a good price for silver right now?

>>27519996
couldnt he just give the coins a quick polish before he tries to sell them?

>>27519937
Not whole lot more than the silver content

>>27520442
I know, I'm just afraid that the spot price supression will break before I'm able to buy some miners while they're still cheap, as there's almost no physical available already. sorry for a chaotic post

>>27520627
Where's that quote of Boney Shitting on financiers?

>>27520757
https://www.ngccoin.com/price-guide/coin-melt-values.aspx
roosevelt dime
1946-64 are 90% silver

>>27520627
He made clear that the prices I got today are not retail price, he said he's not even interested in selling to anyone else. I finally made out on the good old boy system today.

>>27520766
>I have been buying gold and silver with 0.5% of my paycheck
>1.) I see this as true wealth preservation.
fucking retard, you only want to preserve 0.5% of your wealth? wtf

>>27520830

>>27515482
>>All these years of your life on this planet all just lead to this moment, one mistake and it is all null and void.
>>A single tear rolls down your cheek and you take a deep breath as you let go of the railing and SUCK DICK FOR A MERCURY DIME

>>27520830
Uh yeah it seems like it fucking is depending on what you are getting. govt minted, that's a great price

>>27519743
what if we all band together and form a mining co? Precious Metals General Mining Co.

>>27519743
We love ya too fren. If you're ever in commiefornia after we're all rich hmu and I'll give you a cow.

>>27520635
People charging what they can is literally how price discovery works. I said decouplING, not that it's already completely decoupled.

>>27519743
Hey I have one of those leaf two dollar coins somewhere, are they worth more than face?

>>27519766
On Ebay very often thisbis sold as regular Sterling jewelry and I don't know the actual name of the company just recognize the logo. They make sterling as well but the majority of their jewelry is pure silver.
I know this is a shit response but I buy jewelry at scrap prices from a local refiner so I just keep pieces of the pure silver for myself and treat it as a addition to my stack basically, without it being coin.
It's made in the US so on Ebay, if you search US sterling you will get this company as a result 100%. And the majority of Ebay sellers imo don't know the difference between sterling and pure so they sell ot for the price of sterling.
You can buy sterling jewelry and other things like cutlery on Ebay fir lower than spot. Coins and others, not so much but I buy sterling there, especially big pieces for lower than spot all of the time. Same with this pure jewelry, some will be lower than spot because they are heavy pieces, all of them.

>>27520888
ive been in with my LCS, i dont get all the deals but they slide me alot of slack if i buy something thats been sitting, weiners ive just discovered

>>27520885

>>27521018
id be glad to work security detail or be your onsite medical, whatever you need more.

>go to coin dealership
>"I wanna buy an ounce"
>that'll be $50 dollars plus tip
>"I wanna sell an ounce"
>ok we'll buy it below spot, how does $23 dollars sound

I need to open a bullion shop

>>27520905
Yeah but wealth preservation is for when you are actually wealthy, not still trying to become wealthy.

>>27521018
I'm in, but only if we all change our legal names to Yukon Cornelius.

>>27521271
The other guy I talked to today said just like two weeks ago he dumped a box of ASE's on some internet dealer because he didn't have anyone coming in to buy. He took my name and number for if those times ever happen again. Feeling pretty fucking good about this timeline lads.

>>27521412
love the small ingots, I got a few of them and they are fun

>>27521096
nah they were never made of PMs, but the silver dollars we made are fantastic.
>>27521019
Some day I ll pop down to see my the family friends winery in Napa, would be fun to see the country again since I was last down that far south.
>>27521018
It could be possible, we have floated the idea before. Just need some people to hold the claims and it would be set. In the mean time you can always join the GPMA and play on their ground too! they have some fantastic territory for members to work when they please.

>>27521370
Theoretically I wonder what happens if anyone that likes to stack just opens their own shop, anyone know what walls are in place to keep us from doing this?

>>27521555
>Just need some people to hold the claims
can't we form a corporation to do this?

>>27520278
The good thing is, they' had to come out of cover in order to stop the pump and scare off new investors. Now their manipulation appears crystal clear before our eyes. But in the end they just delayed the price explosion, they're not able to stop it

>>27519795
Where do I invest? Didn't someone mention another company that pays their dividens in bullion?

>>27521377
youre playing musical chairs with magical funny money, not wealth

>>27521370
Do you think they should take the risk of buying, storing, and selling for free? You should definitely open a shop with zero spreads, just let me get my order in before you go bust

>>27521583
I'm guessing local gold n silver jews will not buy or sell to you on par with other local gold n silver jews in a coordinated effort to clean you the fuck out

Next thread photo please

>>27515461
>so the fact that, on a historical basis, silver ought to be at least $1000 an ounce today (40x higher) is clear proof of hyper-predatory shorting

It's not though, currency has never worked such that the price of materials can be converted to the price of the currency

>>27521555
>Some day I ll pop down to see my the family friends winery in Napa,
Bro that's literally the next county over from me, holy shit now I have to invite you to my ranch when all the property around Sacramento finally tanks.

>>27521613
any numbered company will do but if you want to hold ground in Canada you will need a Leaf Citizen with a free miners license and a services canada account. Pretty easy to do.

>>27521665
You're right of course. I am just bored of the clownstein show now

>>27520339
I buy sterling jewelry by weight from a local refiner. I just started buying this from a local coin shop as well.
Basically this is how I started: I went around to garage sales and such and bought enough to supplement my income. Then I heard that a coinshop was selling silver jewelry by weight. Went there and asked and lo and behold bought my first pound.
Then it went from there. The fist coin shop went out of business then I found that I have an actual refiner.
I'm in Louisiana and my refiner services the majority of the South...I'm lucky.
It took a lot of asking around and I buy local. I know for a fact that my refiner sells to Kitco, Kitco then melts and makes some of their bars from it. But I doubt one can buy from Kitco directly.
I was thinking for some time now to start with new jewelry aswell, but so far I can'tfind any jewelry that will spill the beans on their suppliers. Also a lot of Jewelers buy from China, and I know that. This type of connection is somethingI can'tafford cause J don'ttrust the Chinese to actually deliver the real metal.

>>27521860
We are the jews now anon

>>27521031
Once the bullion dealers get most of their inventory back in stock and charge $28-$31 an ounce the people on eBay will have to sell at a lower premium than the bullion dealers if they want to make a profit. The decoupling is over

>>27521669
PSLV/AG and most of all physical metal

>>27522040
>Once the bullion dealers get most of their inventory back in stock
literally not going to happen

>>27521889
is there any good way to prospect land for that kind of thing? One of my dreams is to own private property with both a salt mine and a precious metal mine. If theres a good water source and fertile soil its literally a 100% sustainable homestead no matter how bad the times become.

>>27521822
>Muh overhead!
This is why nobody goes to boomer grifters anymore

>>27519795
Very glad I purchased a bar. They look gorgeous. Hope FedEx doesn't fuck shit up.

>>27521889
I could fit that bill, if I had my FML. Doesn't look difficult to obtain either.

>>27522040
>people on eBay will have to sell at a lower premium
They can't, eBay fees too high. They will G greed to sell local

>>27520635
Not true anon. At least the majority don't and definitely not the big guys.
Did you ever think what happens to all these employees if the dealers can't find the metal for a while? And this happens twice in 1 year period, like it's happening now?
People need to be fired, companies close or lose market. So this premium is there for a hard time and also sometimes because they, themselves have to pay premium. Dealers and the refiners operate on very thin margins. 5% is a lot in the trade. So now close your store for a month, cause you can't buy shit, and then what?
So basically the price is supply/demand driven here and the supply is low while the demand is high and that's the result.

>>27520292
God I wish that were true.

>>27519795
FUCK WHAT

YOU MEAN I COULD HAVE HAD $1.50 OFF AN ORDER OF 180OZ? AAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>27522160
The guy I went to was maybe 35-40 and he asked if I wanted to use a fake name, which I did. Top lads there, good prices and good info.

Holy shit just got an egay notification for a 15% off certified refurbished coupon. It's already happening.
>please buy more electronic kikery stop turning your shit paper into something of value goyim

>>27522160
>Muh overhead!
>Everything should just be free
>Has never run a business
Run along, NEET. The adults are talking

>>27515482
> I-I'm gonna c-corner the silver market and start a short squeese!!

>>27522157
check above for thediggins.com that site has every claim and major mineral occurrence in it. It also has a layer for private land overlay as well. I am not sure though your going to find a salt mine close to a gold mine, maybe near death valley but it would be rare geologic conditions.

>>27521988
>realize if we collectively shit on the silver market like plebit did
>BTFO the (((banking system))) in the process and send the price soaring
>the MSM dosen't want to give this place any kind of attention
>plebit gets blamed for it instead even though they're crusading hard against the silver squeeze
>laughs as we watch the s o y suckers get BTFOed by the MSM while we carry on shit posting
>become (((them)))
Checked and keked

>Bagholding my JAN 22 AG calls

Think I just FOMOed hard.
Just bought:
41 oz silver
200 shares AG
150 shares PSLV
...did I fuck up?

>>27519795
wait what the fuck? how do i do this? keith is more based by the hour

>>27515244
Can dealers actually enforce their market loss policies, like what if I just decide to not pay. How can they do anything about it?

>>27522152
It will happen, it always does. Remember when silver went to $29 an ounce back in august and you couldn’t find it anywhere? Within months all the bullion dealers were back in stock. You probably weren’t even here in august which is why you’re making retarded fear mongering claims

>>27522474
>4chan pranks in 2021

>>27522348
What do you think the mints are going to have to pay?

>>27522505
>did I fuck up?
Only if you pussy out and sell on a dip

>>27520339
Fuck I just realized I rumbled like a woman here:
Nope, no clue where to supply new jewelry from and I myself buy local so it wouldn't work for you unless you are in Louisiana then I can share my source no problem.

>>27518322
ive got some dosh in abra,impact, and ag. may dip my toes in blue too

Should I tell my credit union how much silver I have so it’s insured with my apartment?

>>27522267
no its actually pretty easy to get, but using Mineral Titles online for anything is a massive pain in the ass so I suggest if you were to do this to find an agent that does that sort of work for you. MTO is a dumpster fire of a website, but specific people know how to get it to do what they want and they get paid good money to do so.

>>27522418
Nobody is going to buy at $50 an ounce when the bullion dealers are charging $30. Boomers really are shit at basic economics

>4chan turning into boomers by throwing all of their money into muh precious metals

kek.

>>27522575
same thing happened in march

>>27522474
>>27522474
>feels good man

Seriously want to become a dealer now fuck lads I have only been here four days.
>don't even worry about selling some of your stack because you vault full of gold also

>>27522723
At least we didn't do pic related.

>>27522609
Good question: no idea. I think they pay whatever the ((Swiss)) tell them to pay. And the((Swiss)) will look at rhe demand and say to pay more than normal cause they don't have to care about the spot price. This is my thinking only though. I have no clue but I would say they would charge a premium. They control the entire market basically.

>>27522603
and to think it used to just be raiding catholic forums with nun on clown porn and calling scientologists fags. we've really grown up.

>>27522672
No, and you'll want a specialty policy. Google it.
>t. P&C fag

>>27522679
Good to know, thanks...will keep it in mind. Not sure I am ready to make that kinda leap, but when I do....

>>27522630
Ok, thanks. Might drop additionally looks like, but should hopefully not be that bad.
I can feel something brewing though...

>>27518134
Yes I thought so too.
PSLV has silver stored by its custodian, the Royal Canadian Mint, in 1000 oz bars.
SLV has JP Morgan as a custodian and says the certificates are backed by 'assets' of its custodian which is 'majorily' silver.

>>27522711
If "nobody" is/has/will, then why are you whining like a bitch? The shop will go bust. It's called capitalism.

>>27522711
They will when the dealers have been out of stock for a month. This is basic shit do you really not understand how a black market works?

>>27522803
Knowing people that evaporated tens of thousands on some overblown meme makes me think paying $34 an ounce for a few kilos of silver wasn't all THAT bad. Could have done worse

>>27516707
What a beautiful fucking chest.

>>27515848
>keeping tension on those plastic feed lips

ngmi

>>27522803
You're all in the same boat as far as I'm concerned.

The true sqeezepill is that those who are seriously in it for the long game could seriously outjew the jew. The pirate and dragon memes are real.

>>27522723
>turning into dragons
FTFY

>>27516975
I cleaned out five pawnshops yesterday.

>>27522505
how does at least 410 bj's from a fwtdhwahqad sound?

Just making sure but FR is AG for Leafs right?

>>27522788
Checked. Dealers operate on thin margins anon. My refiner this year started reselling bulk costume jewelry to support themselves and make some more money, thanks to the Wallstreet fucking with the price and high demand. This basically isn't a great year for the serious dealers.
I have larger margins myself. I may do more legwork but I can afford not to sell for a week. They can't.

>>27522882
PMs are always a long term investment/wealth preservation strategy. Always remember the market will always try and shake out weak hands along the way. The fundamentals are on our side. (2 trillion dollar stimulus?)

>>27522505
Not at all

>>27522474
>>27522729
Reminds me of this pasta
Reddit is absolutely seething right now that silver is taking away steam from their precious GME pump and dump.

How does it feel to be back on top /pol/? I mean I was getting worried there for a second, but reddit is officially back to being fake and gay. The mods on WSB are promoting conspiracies that Citadel owns all the silver in the world and that there's an invisible $1.4 trillion market for silver bullion which doesn't exist (it's at most $40 billion and has basically evaporated overnight).

When robinhood stopped them from buying Gamestop, the whole world was shocked. When bullion sellers stopped selling silver everyone thinks it's just "run out", LOL.

The squeeze is in. Now all the retailers are scrambling to go long on futures and the spot price is going to climb by $2 per day.

It's too late to get in on the action and reddit is seething.

Here’s the best part, a silver squeeze takes out two of our enemies, Goldman kikes, as they are massively shorting silver which would probably lead to a 2008 style collapse if they get squeezed hard enough and best of all reddit will take the blame for this all becuase if you search silver squeeze News the media is already blaming reddit.

>>27522149
PSLV/AG will give me physical?

>>27522440
thanks man ill look into it. i had a feeling that would probably be a rare combo. maybe salt n silver? either way salt is a 100% necessity for long term bugging out and would take priority to me.

>>27515244
How do you split the silver out of sterling silver lads?

>>27522711
By that time Comex would cease to exist. You don't understand how the market, manipulated as it is, works at all.

>>27523028
They're pmags idgaf I have like ten more and 40 or so more USGI. Pretty sure they're invincible anyway it's like glawk polymer, no other polymer mags are as strong as them just saying in case you're conflating them with the structural integrity of orlites or something.

post stacks.

>>27523044
That is because you are fucking retarded

>want to start collecting shiny metal with my bros
>mega poorfag living at home because job market has been a dumpster fire since my graduation
I hate this feel.

>>27516542
No shit, I asked my mechanic and apparently he was aware of what a transmission does

Why isn't PSLV on robinhood

>>27523097
>>27523138
>>27523174
Just the hopium I needed.

>>27522950
>black market
Last time I checked it wasn’t illegal to buy silver, learn basic terminology

>>27523383
Fuck niggers

>>27516542
Unbelievable that they know! Who would have thought that people understand the market they are in on the actual supply/demand side.

>>27523440
They delisted it for some reason back when they halted all the other stuff.

>>27523008
i payed 43, yes- USD, don't feel so retarded

>>27523216
Nice. I'm a /pol/ refugee. Haven't seen one blacked, tranny, slide or demoralisation thread in days. I love this place.

>>27523440
i wrote them an email asking this and haven't got a reply yet. i will update /pmg/ if they tell me.

WHEN TO BUY? HOW LOW WILL THE DIP GO?????

>>27523423
Start a low cost business if you can, private tutoring as a recent graduate might be very very lucrative. Be careful with your advertising, you might end up stepping on toes and making enemies.

>>27523522
The bar shape with the waves looks sweet. If I ever have money, this will govern 100% of my metal purchases

getting next thread ready at around 330ish

>>27522724
Yep, I forgot to mention that. A COMEX default has been “right around the corner” for decades now, which is why I don’t buy into the FOMO and fear porn that permeates around here

>>27523605
careful they will literally start flooding us with the bots they flooded /pol/ with

>>27515482
i really dont like crossing high bridges like that.
please don't post this image ever again.

Where can I purchase Helca? They're not listed on Degiro! Yes, I'm in the EU.

>>27523450
You've got 5000 years of history on your side

>>27523605
There are plenty of demoralization threads here but it's usually the shitcoin bag holders.

I bought into silver because i am going to need it for whenever america gets invaded by china. I expect it to go up in the future because everyone in here is buying up used silverware and collectors coins.

we are the market.

>>27523234

See >>27516560 to understand why you should buy AG.

>>27523722
>>27523826
I hope not. I only post in the /pmg/ threads. Been stacking for years. That's all I could be be bothered to unpack, seen one Maple/Brit, seen them all

>>27516707
Question....when the day comes, how exactly do I sell one or two of my little clinkys?

>>27523440
You know (((why)))

>>27523522
Aesthetic stack

>>27521370
Do burgers tip at a bullion store?

>>27516669
damn. sad to hear.

>>27523423
Get $200, go to garage sales. Buy shit that you can sell on Ebay. Doesn't matter what it is, anything that costs more on Ebay than it does at the garage sale. There are a lot of things like that. Buy it fir $5, sell it for $20 should be your goal because shipping materials cost money.
Invest everything back in your small business for a year or so.
This is how I started anon. 15 years ago. Now I spend 20k/month on inventory.

>>27523722
Yeah, I have a feeling if we did get the same attention in the media that reddit is getting right now then /biz/ would be flooded with enough bots to make /pol/ look like an amish farm.

>>27523942
Probably in an exchange for a half box of 22lr

>>27517172
ya did good kid.

>>27523605
It’s even better when reddit isn’t here desu

NEW THREAD UP
>>27524108
>>27524108
>>27524108

>>27523942
You don't sell it, you do barter with it. The price you both agree to.
If you want to sell it then you go to local coin store and ask for spot price.

>>27516707
Now that's a stack

>>27523998
yes, everyone claps and becomes range buddies. soccer moms screech and get arrested by police for fake reports every other time im in there

>>27524034
>because shipping materials cost money.
Watch out for the sellers fee as well. It's a "steep" 12%. Pretty ck the same everywhere, however.

>>27524135
I can believe it, I like the feel of these threads. Even reddit hasn't ruined them.

>>27523522
Gorgeous stack you have done well for yourself.
>>27523605
>>27523722
I fucked up when I was drunk the other night and said /biz/ was my new hangout and like three shills started in here, but don't think it was /pmg/. This is actually the most powerful thread on 4chan right now in all likelihood, and it's unbelievably /comfy/.

>>27523664
I think I would be a bad fit for tutoring. I have very little memorized and will appear unknowledgeable. Every time I approach a new problem I have to regoogle 90% of the syntax.
Also don't want to talk to dumb pajeets

>>27524034
There is nothing wrong with this suggestion, but my storage space is virtually nil. My brother is already boarding dogs in the living room/garage.
That and I imagine you could get stuck holding on to what is effectively trash if no one wants to buy it

>>27515482
Fucking poetry anon, 10/10

>>27524034
I did something similar with vidya for awhile because I know the market well enough and shipping was shit easy/cheap. How do you afford all of the different sized boxes and packaging material to make it worth it?

>>27524372
>unbelievably /comfy/.
Oh yes fren

>>27515244
apparently my phone IP is range banned or some crap. cant post images.
life is suffering

>>27518683
I hope they crash it to the ground so richfags start selling their stacks at 10 dollars an ounce, would really be the best you can hope for.

>>27515400
Wrekt