/biz/ - Business & Finance

>>50421762
>the quarter kilo is the absolite best bar size

Kilo bars kino bars

/pmg/ belongs to us jeets now. Thank you for your service burger anons.

>>50421853
I'm gonna get some kilos. I've asked my local shop for some.

>>50421886
>I'm gonna get some kilos

Good on ya my man, they're my favorite. Perfect heft and size to hold in hand, I don't really like 10 or 100oz bars but have plenty as they'll be easy to let go of when it's time to liquidate.

Kinda suprised the CHinese arent dogpilling into precoius metals, considering all the fuckeries thats been going on over there.

>>50421871
Finaly some good pussy

>>50421957
Nice stack anon. Keep stacking.

>>50421853
i just like that 250 gm is nearly exactly 8 ozt, theres somethinf magical about the intersectikn of these unrelated measurement schemes, and 5 ozt too small 8 ozt is just big enough

>>50421973
>Keep stacking

Every day, and same to you fren

Arrrrrr!

>>50422032
based silver hoarder

questIon, why does BOLD have over 400 perth mint saltwater crocodile coins in stock? they are from 2014 so its rather strange for a dealer to have such a large stock of bu coins that old.

>>50421999
>i just like that 250 gm is nearly exactly 8 ozt

Checked and confirmed that's a pretty solid reason, 250g being 8.0375 ozt does indeed make them a good size for both metric and troy systems.

>>50422059
Not really that odd. We're probably near the spot price they boought them for and now they're ready to sell them.

>>50422101
is it common for dealers to spend a shit ton of money on inventory then wait 8 years to sell until spot returns to the price they bought at?

>>50422142
its only 20 tubes, someone sold their stash, or they got them from a distributor

>>50422291
>someone sold their stash
weird coin to buy in bulk but i guess its possible

wish they werent so damn expensive or id buy a couple

Do I pull? I don't know how long the sale on the Britannia is going to go on for, or is gold gonna sink even more? It feels like we've hit rock bottom, it's just stabilising around €1690/oz. I'm also stocking up on capsules cause I'm getting silver from a different website

>>50422142
this is absurd... this scheme is like a CD from a bank in a market driven by awareness of inflation. not even remotely possibly the case. LCS owners DO stack personally and DO stock their stacks when they decide to move their personal metal... but buying inventory for years long hold is counter profiteer... a shop owner can flip for half a percent profit and turn over enough inventory to make more than a long term hold... its literally why they run a fucking shop with unilateral buy-sell policy at all times.

what happened is this -> >>50422291 and distributors also buy second hand to resell to shops. the only way this wouldnt be a significant part of the entire business is if old bullion were routinely melted down, but how often do you see someone melting .999 from the 90s to recast today?

>got some silver bullion
>of course most of them have visible fingerprints
How to best clean them? I know it's just bullion but I'm autistic

>>50422422
the euro will collapse. short term, i wouldn't be surprised if the market dumps pms in a scenario to gain liquidity. you could see 15 easy i think. but after that event occurs, pms generally take off, look at the 2013 banking crisis, after 08 pms dump, the rise for years when confidence in the euro banking system is called into question. PMs are a long term hold, make sure you have cash, like 6+months of expenses put away. In the current system we live in cash is still king, you need to pay your bills. i cant tell you the future, but you need a base of both pms and cash, only you can really know your financial situation, which you need to work on, and your current and future income stream. https://www.goldmoney.com/research/the-collapsing-euro-and-its-implications

>>50422422
>du et

>>50421797
What's the weird thing at the top?

>>50421967
Here, have a nice chick with a hairy pussy.

>>50422544
>>50422544
its the lock you goober

>>50422567
No I mean inside, near the hinge?

>>50422579
lmao

>>50422587
OH I see now. Damn I'm so high.

>>50422579
>>50422627

>>50422655
You should not smoke anon.

>>50422526
>make sure you have cash, like 6+months of expenses put away
Of course, I'm keeping the vast majority of my assets in fiat for now, since getting a car + accomodation is going to be coming up in the near/mid-future. Anything I put away for long term investment I'm thinking of splitting 45/40/15 between PMs/stocks/crypto.
>>50422533
are you gonna pamp eet after I buy it? Lord Bogdanoffs?

>>50422046
Ahoy uwotm8ty

>>50422796
stonks are shit right now. russia will cut the gas, they just declared force majeure, the stoxx will drop 20%, im eyeballing epv right now.

>>50421960
The Chinese government has been for years but it only recently became legal for the Chinese people. Most of their capital is tied up in real estate. Not sure how hard it is for them to buy gold as a practical matter.

Local dealers I visited are out of gold coins and bars. Only one had some coins, so I got (for the first time offered to me) a 1981 Libertad. Then I read up on them, what a funny thing. Opinions on this one?

>>50423005
That is a very handsome coin. What a stately sculpt. Does it have counterfeit issues? IE will you have trouble selling it?

>>50422863
I heard in french news EU wanted to "ban russian gold", whatever that means.
Does Russia export some refined gold? I don't know what to expect on PM, except some more volatility.

>>50423118
lmba already banned it months ago, to little effect. it will just go to the global markets like dubai, shanghai, or others. the hubris of european politicians is staggering

>>50423005
>Then I read up on them, what a funny thing

What interesting things did you learn?

>>50423005
gold is gold, its a cool chunky coin, wish i had one for funsies. but it is still 90% and i really just want 24k from here on out, you can get jewed a little bit on old coins later on like that. Still, a good pickup.

>>50423118
Like they "ban russian oil", yeah good luck. Many of these "leaders" will not be there in the winter

https://www.reuters.com/world/europe/ukraine-cbank-has-sold-over-12-bln-its-gold-reserves-during-war-deputy-head-2022-07-17/

This must have some effect on the market. At least it counters the vast purchasers by other banks.

>>50423118
>>50423150
>>50423277
I'm wondering why noone has pointed out that Russia is ACTIVELY fixing the ruble to gold prices by buying any gold offered at a fixed rate. They aren't even selling right now, they are buying.

>>50423150
Didn't know that.
>>50423277
Yeah, no oil, no gas, winter is coming.
>>50423352
That's a thing you won't learn anywhere on the news (other than here)

Should I get 20 Egyptian coins or 10 & a 20 franc?

>>50423352
The Western countries' ban on Russian gold selling (which isn't even happening) is all about trying to hold back the remonetization of gold. But it will fail. The BRICS are major players in gold and will eventually get around to trading in gold and issuing a gold-backed currency.

>>50423352
They stopped doing that. It was
Originally only made to provide a base for the domestic gold producers. Pic related to the situation but not To My stance

>>50423597
That 1932 gold eagle is awesome, it's wild thinking how gold freely circulated until the early 30s. It feels like the era of monetary gold was a mysterious and misty eternity ago but there are still people alive today who remember when it jingled in peoples' purses.

>>50423107
>counterfeit issues
Good point. Quick search says there are no known issues. And while it's rare,
>The gold versions of the Libertad feature the lowest mintages of any modern world gold bullion coin
the 1981 with the largest volume is perhaps not the one that's interesting to fake.

>>50423238
Rare, some years saw just a couple hundred of them issued. The ups and downs of its attractiveness to investors/collectors. After Krug and Maple it's the third oldest 1 ozt bullion coin. Plus I never read about Mexicans coins before.

>>50423241
Definitely a non-standard coin in my normie stack.

when is mintanon gonna do a gold coin?

>>50423352
They already quit that, please try to keep up. It was a short term measure, since replaced by rubles for oil. The new development is a BRICS currency based in part by commodities, including gold.
>>50423322
Oy vey wonder who bought it
>>50423594
Egypt stuff is very un holy occult shit

>>50423594
In France, 20 or 10 Francs (what we call "napoleons") are the most common and the most recognized PM coins, no matter whether they actually show Napoleon III or they are a republican "coq de Champlain". All other 10 or 20 francs coins from other countries from that period of time are seen as "union latine" and are usually less valued.
I would shoot for gold nethertheless.

>>50423597
This is actually what I believe will be happening soon.
Dollar and euro will lose value, and BRICS will rebuild a new world financial system without them (and without us), backed by PM.

Have any of you heard of the term Basel III? Ever since the 2008 crash, Basel III forces commercial banks and pension firms to have at minimum 85% of their assets in government bonds or fiat cash. This means that if government bonds are lower than inflation then its pretty much the same as a private individual keeping their depreciating fiat currency in a commercial bank account. On top of this the central banks can buy these government bonds from the commercial banks and pension firms that are affected by inflation and interest. How this actually functions is anyone's guess, but one thing is for sure is that the only way for fiat to crash is for the people to take all their wealth out of it and put it into commodities or real estate. Still, no one knows if this would even crash fiat because in some countries, pension schemes are mandatory so the populous is forced to use fiat which then the pension firms are forced to store 85% of its holdings into fiat or government bonds.

>>50423724
>Rare, some years saw just a couple hundred of them issued

Damn, your pic really hammers that fact home. I have no idea what the low mintage years go for but imagine it takes some effort to build a complete set.

>>50423779
N 3 was such a cuck

>>50423352
Nah, Russia is selling gold on the international gold trading market. 4th - 6th July is when they dumped a load. Nearly every nation's market took a dive while Russia's went up.

>>50423763
>muh occult
Nigga they wuz kangs
>>50423779
I do love francs. I might just get 3 20 francs

>>50423845
Basil 3 re monitized gold. It's worth it's value in equities now, among other things. Made it harder to trade paper gold, and changed the way it's accounted for on banks books. All good things, generally.

>>50423936
Banks and pensions can only 15% of precious metal assets and even that 15% has to be diverse. Again, 85% of assets have to be fiat or bonds, that's the point of Basel III.

>>50423891
>N 3 was such a cuck

Imagine having your only son and heir killed by zuluniggers

>>50423985
Before, gold was valued at 50%, now it's 100% on the books.

Gamestop share dividend ex-date is today. Could be an very profitable bet if a short squeeze kicks off this week. Could buy lots of PMs if it pays off.

418 Jefferson nickels
need it or keep it

>>50424018
Utterly meaningless when everything else rises with gold. It should be precious metals in comparison to food/housing/clothes/entertainment/electricity/gas, that is only the true meaning of increased value.

>>50424199
Smell it

>>50423871
>I have no idea what the low mintage years go for
The rarer years seem to go for $2,300 and such, while the 1981 one is around $1,800. The 2021s are more than $3,000, I checked several dealers online. That's kinda crazy.

bought at the peak
> price crashes
bought more today
> price crashes

where the fuck is the bottom?

Frog round funding ended, now its time for the rug pull

>>50424397
What's up with anime prospector

In other news, us mint said that they were doing the peace-morgans again. I signed up for all the subscriptions, so maybe I'll get the set again? One day?

/pmg/ brought to you by Apmex

Great to see it being sponsored

>>50424351
Multiple factors are happening at once:

1. Russia has been selling a lot of its gold reserves recently.
2. People are pawning off their gold to make ends meet now.
3. Nations with collapsed fiat currency are stocking up on the US dollar.
4. The big banks have had to disclose their gold derivatives for the year which is fucking massive, allowing them to manipulate the market.

It will eventually flip, but if you've still got cold feet just put your wealth into something else like repairs to your house while the price for tradesmen is still low.

Remember, don't put all your eggs into one basket, diversify.

>>50424645
>anime prospector
Asking the wrong guy, though im pretty sure the preorders either end today or they did yesterday

>>50421957
GMI, I guess....

>>50424311
>Any Quantity
>Mintage of 1,050

Kek, it wouldn't take much of a whale to hoover up all of the mintage and make collectors seethe. Honestly I'd expect prices to be higher considering the rarity, Libertads might be a good investment like chink pandas were in the 90s.

>>50424351
>where the fuck is the bottom?

Probably ~11.80 or whatever the coronacrash low was, then comes the moon mission. Physical prices will be higher which is fine if you sell directly to another stacker yourself instead of a filthy Jew dealer. Stack dirt-cheapies and get them refined if you're tired of negative ROI.

>>50424920
Plan on getting a tube of silver libs, they are allegedly coming in September. The gold libs are just too damn high, buy back is abysmal on them

>>50417698

Yes.

>>50423241
>Want 24k
You know most coins are not 24 k right? The two most popular coins (krugs and eagles) are both 22k. Don't get so caught up on that number. Focus on weight.

>>50423763
The problem for the BRICS in having a basket of commodities backing their new trade currency is that the only commodity they all share in abundance is gold. India, SA, and Brazil have lots of gold and not much of anything else. So when it comes time to dethrone the dollar, I think it will be gold. Additionally, if the new currency is to be redeemable, other commodities become very cumbersome. Beef? Lumber?

>>50424920
I meant gold

>>50425435
I'm very aware of that, I've bought 1 buff, 1 krug, and 1 eagle this year. What I haven't done is buy generic or old gold.

>>50424746
> diversify?
into what? the doomed stock market? bonds that pay way less than inflation? the crypto casino?

>>50424746
>diversify
Sorry anon I don’t do no fancy investing. I just like shiny rocks

Rate my purchase

>>50425594
I bonds are paying 9.6 rn

>>50425718
>inflation is 18%

I want some pirate booty

>>50425737
Is your pms rising 18% rn?

>>50425537
Hello sir, do not redeem my gold currency please.

>>50425758
No :(

bitDAO is the only way you're getting it bossman. The only way.

>>50425776
I bonds are the best place to store some cash you don't need right now. Buy some pms, keep some actual cash also tho.

>>50425826
>I bonds
? Teach me

>>50425868
Treasury direct dot com. Maximum of 10k a year, 1 year lock up, you can keep them forever tho. Interest rate will change with cpi change I think, will be re done in October, will probably go up. If you want to redeem them, you lose the last 2? months of interest. If you have a bunch of money sitting in your checking account, it's better than nothing, but not for everyone. Anyone can buy them, not just us citizens.

plat chads rise up

>>50425594
>Asks into what when I gave a suggestion in the sentence before it.

>>50425949
Thanks, fren. This sounds appropriate, and I'll research this further.

>>50425826
Read image, 4chan is being stupid.

>>50425594
>diversify?
>I just stack rocks
based

>>50425748

>>50426176
Something is better than nothing, these are not regular t bills, they are linked to the inflation level. It's for someone with a bunch of cash sitting in a checking or savings account that might be wary of buying into a bear stock market, someone that might have a nice pm stack, or is wary of recent drops, and someone that doesn't need the cash for a year.

>>50426293
It's dot gov, and the rate is now 9.62%. That's much better than a bank account, but it's limited to 10k. It's something though.
This is very cool - thanks again.

Anons, what is the common big book oyjers tend to post here about banking & money?

Is the book actually just "The History of Money" by Jack Weatherford?

5oz bars are the best.
Prove me wrong.
>easy to hide, yet thick with more value
>able to pass hands easier than 10oz
Held in the palm of yiur hand without anyone noticing
>able to fit in hand as a weight for scuffle

Honestly there's nothing wrong with 10oz bars & kilos. I'm just being devisive.

>>50426575
Read: "The protocols of the elders of Zion"
Thank you, Dog bless!

>>50426637
>higher premiums
less silver to stack

>>50421797
Has there ever been a carnival barker pump machine at the level of picrel? The big breakout is just around the corner when the Comex/LBMA price manipulation falls apart. Also talks in circles for 45 minutes each week.

>>50426293
Anon, you will be losing your wealth value if you buy bonds in this economic climate, simple as.

>>50426690
Give me something better

>>50426715
Precious metals or real estate.

>>50426748
Pms haven't done much this year, you very well could have lost on them short term. 10k ain't going to buy real estate. Cash is king bro

>tfw bought 5 eagles at $31.50
yeah that was a mistake. I figured I would buy some from my local dealer since I ask for his price every time I'm in there, but I won't be doing that again for a while. I'll be sticking to the cheapies from here on out.

>>50426823
>he holds pms for short term gain
There's this game called Russian Roullette. Loads of fun, you can make a lot of money.

>>50426871
They should be a part of your investment profile, not the entire thing.

>>50426903
20% inflation doesn't seem like a great investment strategy.

>>50426099
I'm a rentcuck i don't have a house to repair or anything to spend money on in my life. Just a bunch of cash savings every month getting eaten by inflation

>>50426970
USD is up about that much, or should I say the euro and pound are down? Cleanest dirty shirt and all that. Did you get 20% on your silver or gold this year? No? Doesn't matter anyway, you're not selling, right? And when you do sell, what are you getting in return? Cash?

>>50427052
>muh money exchange magic kikery
Yeah no. Every western economy is sinking. All currencies are going down. Keep hoping and coping, your paper (now digital) dollaridoos crumbling into dust in your clutches.

>>50426675
That's not a book you can Redhill normies on anon. I know that book.
>>50426687
True.

>>50426688
>Muh flywheels

I have a hard time understanding what he's really saying half the time, instinct says he's trustworthy but that doesn't go far when I can't decipher the jargon

>>50426823
>you very well could have lost on them short term

Buy cheapies and never lose again fren

>>50427100
You buying groceries with silver coins yet? Paying your mortgage with gold ones? Cash is king and you need it, especially if you don't want to have to sell your pms in an unfavorable environment.
>>50427140
First ounce of silver I bought was 12.5 and gold was 1250.

>>50427100
The leverage is destroying the economy, as interest payments are consuming a massive chunk of the yearly GDP. Deleveraging the economy means to remove the wealth effect and spark a massive contraction in the service economy, collapse in leveraged financial assets and real estate etc.
One thing we can count on, is the central banks will survive, they are in the driver seat and will do everything they can to stay alive. And banks honestly don't care whether their loans are worth less as they can just write bank deposits at a later date and begin raking in profits. They just need their loan books to stay afloat.

Tube of maples out for delivery today lads
We are all going to make it

>defy sent out email that wyoming goldbacks would be shipped september 18th
nice

>>50426637
I wasn't going to bother going through the captcha and writing a rude comment, but damn you are stupid and it bothers me.

>>50426637
>can fit up your ass easier than a kilo

>>50425949
>>50426159
good rec. i bonds are the zoomer IRA. A bit more relevant way to dump some extra cash every month in the contemporary climate

Any gem bros lurking around?

Is this one ok?

>>50427164
>First ounce of silver I bought was 12.5 and gold was 1250.

That's cool bro, what about the last ounces? The latest additions to my stack cost $5.86/ozt. Cheapies or bust.

>>50428050
obsidian isnt a gem so no...
i like diamonds

how much are your gems worth? where you you sell them?
are you the guy from yesterday that was talking about making/having made his own things with his own gems? i think thats pretty cool.

>>50428059
Looks like a second job

>>50422809
Aye, that's nice booty and chest y'have there.
>>50423238
crab

>>50428112
>Looks like a second job

Nah, it's an enjoyable and rewarding hobby if you're wired for it. I figure that anons won't be interested in my secrets while spot is below $20 but when we break $50 everyone will jump aboard the cheapies train. Best get started now anon.

>>50424746
looked up the big coin ten kg
this was on the dotom of the article

>>50428050
I collect tanzanite, ruby, and emerald. I just buy some once in awhile since those 3 are pretty cheap and semi-rare/nice looking. They are not a great investment, I have no idea who I would even sell them to if I wanted. I only buy them so I can have a bag full of gems to pair with my silver and gold like a pirate. I would not suggest buying them, but if you do, don't do it for any other reason than your own enjoyment; and I would really limit how much you buy since there is no resell market for them. Do not get sucked into the "clarity and rating" nonsense either, since again, no one is going to buy them from you, they are just for you to look at. All that being said, buying some here and there is not going to hurt anyone, and after 2-3 years you will have a nice bag full of shiny gems.

>>50427235
>wyoming goldbacks announced ship date
>still no pictures of their artwork
complete horseshit

>>50428076
Kek, Same guy. I was hoping someone with some better knowledge than I got was lurkin today. Never hurts to ask lol.
>i like diamonds
If I find them at low cost you know I'll swoop them but even that guy on Ebay has all his diamonds priced way above all the other gemstones. That gives me a bit of hope they are somehow getting bulk deals and selling real shit wholesale.
>https://www.ebay.com/usr/cab jewelry/
Kill the space here ,..................^ If you check his stuff out tell me what you think!

>bought roll of Dimes from Ebay
>There was one more dime in it than the seller thought

>>50428452
>I only buy them so I can have a bag full of gems
Kek, If I can keep getting them at decent prices and if these are legit that's my plan as well lol. Bag of gems to compliment the gold and silver!

>>50428485
i have no knowledge on it, and wasnt the person you talked to the first time
topaz looks nice - that one looks like an emerald with the yellow gold. but diamonds are both the most useful, and valuable

Why does platinum cost less than gold?

what do ya think, lads

>>50428870
it's just the way it is
>>50428891
open it

>>50428792
Ahhh, Its pretty cool lookin, I'll keep my eye out for more diamonds at a good price but they got a strangle hold on that lol. I wonder how gems would hold up in a SHTF situation for trading. Would people be up for them or want to stick to PM's and practical items.

>>50425748
pic related and also asking for source
>>50425826
They're a scam by this point. My younger brothers had $400 bonds saved for 15 years and after finally cashing them out they only got about $230. the cash would have done more just sitting in an envelope, they got double screwed by both inflation and the banks.

>>50428870
Car sales are down.

>>50428929
browsing the antique store

>>50429044
Because they don't have enough chips to actually finalize builds.

Just about every car you can buy has a waitlist where you have to buy an allocation slot.

>>50429027
What did the banks do?

>>50423594
20 Egyptian coins.

>>50425748
saved

>>50428870
Probably because its use is almost entirely industrial while gold is both industrial and monetary. The monetary usage is definitely going to crank up the price I don't think it could really hurt to buy an ounce of platinum if you can afford it but do remember central banks and The Powers That Be are hoarding tons of gold, not tons of Platinum for a reason.
>>50429170
They probably adjusted the bonds for inflation and only gave $230 as a result. Which is a double kick to the nuts because that $230 now wasn't worth nearly as much as $230 would have been worth back in 2002-2003 when the bonds were bought.

>>50428948
Unless you know a jeweler or somebody looking for some custom bling who isn't a power-tripping bandit lord, then I would guess most people you meet in that situation would not be very interested in rubies etc. Copper, silver, and gold can be used to make electronics. Diamonds have practical uses beyond just looking pretty, as well. It's all about who you know and what they can do with it.

>>50429062
Looks nice. Think the bottom can hold several pounds of silver?

>>50429213
This is online, no banks involved. You can get paper bonds with tax returns, but this isn't that.

>>50429212
That mobile home would be legitimately be a huge improvement to my current living conditions, I'm typing this in my 10 by 12 foot bedroom as a 6'4" man it's crowded

>>50429245
seems solid enough
I'm gonna go for it

>>50429212
With a van, you can go anywhere

>>50428352
What are your secrets? Estate sales and thrift stores? I can only ever find plated shit.

>>50429062
13.95? Get it. Assuming it doesn't smell bad or have a weak base, that's a good price for a treasure box.

>>50429519
>What are your secrets? Estate sales and thrift stores? I can only ever find plated shit

Estate sales are your best bet, but you need to get there at or just before opening. Check www.estatesales.net for sales near you every week. Buying cheapies on eBay is also an option, but you need to know what you're doing.

>>50429062
>tfw found an exquisite treasure chest
>the price tag was 450
whelp, half the fun is just looking.

>>50429284
i live in a trailer (bought cash before the crash of everything) and i gotta say it's still kind of cramped but it's not bad. not as bad as living in an apartment for sure.
i just wish i didnt buy cash since that 28k then means so much less than 28k today

>>50421797
>$26 kooks
Should I pull the trigger? Or try to hunt for the lowest premium I can get?

>>50430081
what else is in your stack?

>>50429200
To think those coins where berried with the emperor and his slaves after it's death and only 1000 years later were found by archeologists. Amazing

>>50430266
I have ~160 oz of various silver, pretty much a mix of generic and semi-collectable. Plus 2oz AU.
Checked by the way.

>>50421853
nice patina on those chunkies anon

>>50430416
i would say get as much generic as possible but krugs are generic enough

>>50430081
Fuck Premiums, Buy Kooks.

>>50430455
Checked again

Gotcha, I wasn't sure if it was worth the extra premium considering JM and Provident have 2022 Kooks going for $40+. I wouldn't be flipping them, but didn't know if it would be a better investment over generic.

>bought 20 oz and 20 franc today
I wanna buy 20 More oz but the fucking price might go down and I already bought

>>50430489
Wow, that guilded one is very nice!! Did you have to order that from the Perth Mint?

Got some silver today. The pours are a bit crude but they’re still nice, and I got them for $1 over spot. The bars are the highlight, I love the Una and the Lion bars, and got them and the 007 for $25 each.

>>50430585
Got it from EMK

>>50430489
kookie premiums are kiked in my neck of the woods

>>50428948
diamonds are supposed to be expensive though. i dont have any, but theyre the best gem. but that topaz looked nice too - i like all gems

>>50430596
Very nice, where do you find the lion bars so cheap?

>>50429212
i would simply climb onto a rooftop

>>50430544
i have about 160oz silver of government bullion, and maybe 450 ounces of generics.
i want to get my goverment up to 200oz but im waiting for prices to go down.
what i really need to do, and you too, is buy more gold.

>>50430544
also checked

>>50430596
I like the Una and Lion bars too, they are very nice.

>>50429213
>>50428870
>>50428929

>>50430748
Bought them from a Reddit fire sale. Doubt I’ll ever find something like that again.

where ma platipussies at?!? fr fr, not capping.

>>50431040
Nice score dude.

>>50431107
Thanks!

>>50430489
I like ze kocks, especially platinum, but the premiums on them are indeed kiked>>50430660

That pozzed australian site declined payment. Frog statue Rugpull vibes

>>50431660
My payment was accepted and i Got a mail which said not a rug i swear! So we'll see.
Adding up all the pledges i count 225 rounds.
He'll probably get some for himself so maybe a mintage of 300-400.
If it's not a rug then i'll be in posession of some rare rounds. Looking forward to it

>>50431660
>>50432058
Is there a frog round, or are we talking statues?

>>50431660
Mine did the same. I’d typed my addy wrong so my credit provider was like “lol no”. I corrected it and it worked now. Somewhat interested In Receiving them, but it was cheaper before. Can always eBay the spare I guess.

>>50432276
Talking about the frensmark

>>50431660
Got my email too, it seems you are unruggable

>>50425748
THAR BE A FINE HARLOT
>>50421797
>>50422046
>>50428891
AAAARRRRRG ME MATEYS
YO HO YO HO NEAR THE HOOKS I'LL NEVER GO

>>50429027
schelz
You could also search gold_coin but then you gotta go past dragons

>>50430757
good lord haha looking at my latest invoicing, my stack is 25% sovereigns, 45% generic, and 30% collection. Do you have a lot of kilos? Kilos and 10s were my idea of adding weight on the cheap. I've been holding off on gold since the G/S ratio has been so high, going off of the suggestion of 100:1 Ag:Au. (same fag as >>50430544, switched from work to home wifi).

>>50430596
I really like that pyramid, is it 5 oz?

>>50430489
Waited to long and they "sold out" even on back order. I tried to go ahead with 10 of them, since they were in my cart, but it errored and reset my cart...

>>50432650
twitter, pixiv or newgrounds?

>>50432476
I just threw one out that looked just like that. Any chance you're in texas?

>>50432663
No one really cares about the ratio except dealers trying to sell you something.
1:30 here fyi

Can't sleep, thinking about silver.

There's a flea market early in Wednesday but it's in the Arab part of the city so it's going to suck. Still going probably though.

>>50431660
call your bank, i had to do that with mine before the transaction could go through

>>50432751
the gold/silver ratio? I thought the point was to buy silver on the cheap (comparatively) and then trade it out for gold later on

>>50425718
Can I buy them as a European? Those are some sweet gains.

>>50432703
https://www.hentai-foundry.com/pictures/user/OppaiMagpie/843594

>>50432746
>Any chance you're in texas?
Well I did find it at an antique store in Texas a few months ago.
Unless you're a fed. If you're a fed then I'm not in Texas and never have been.

>>50432942
Silver hasn't been a monetary metal for over 60 years, currently it's a speculative commodity. The gs ratio is a historic curiosity that adherents will have to reach back hundreds or thousands of years to find any relevance, back when governments set the ratio, funnily enough.
In 5 years:
Silver +15%
Gold +38%
You could probably stretch that back 20 and still find gold outperformed silver. When are you going to trade it? It was up to what 27 28 in COVID era, but gold was way up to 2000 also. You're speculating it will shoot up in value in the future, which is fine. But no one really trades on the gs ratio seriously.

>>50433006
It's open to anyone
The chance of the us dollar backing off it's recent highs are more moderate compared to the euro further dropping in value. Something to also consider.

>>50432650
someone make a coin of this already ffs my wallet cannot wait any longer

>>50432058
my payment was not accepted, retry not working, no response from pozible, they are really trying to keep this from happening

>>50432476
Treasure chest, sadly, won't fit between my walls, so I have to use small cigar boxes. Old pic excluding 50 or so ounces. I'll take a new one when my 95oz comes in the mail. Kilo due to arrive by Wednesday. Scottsdale order by EOY...

>>50433534
>my payment was not accepted
Mine was.

>>50433534
mine was accepted. my card is active, in good standing, and i am not too retarded to type it into a payment website.

>>50421797
>shiny rocks
L M A O

mine went through, but also through a fraud flag that I had to approve.

What are you niggers buying? Let me fomo in to something, I'm feeling some peer pressure

>>50433695
>What are you niggers buying?
currently? milsurp

>>50425694
what website my man?

>>50433707
Good man. Stopped at my local Army/Navy the past two weekends and it was closed both times. Must be the nice weather. Hopefully next weekend I'll be able to spend some fiat on some copper, lead, and brass.

>>50433223
That's some good food for thought. Because gold and silver are both speculative assets, I figured I could sell silver to pay for gold at a lower rate. I don't have a lot extra cash to spend each month, so I figured buying silver on the cheap was a better option than buying fractionals. What types of gold would you recommend? Random 20 francs are slightly cheaper than when I purchased one last year with my stimmy check

>>50433557
>>50433607
Good to know, thanks
USAA rejected mine probably because pozible is an Australian company and they attempted the charge during kangaroo time. I have had the same issue with Italy's Power Coin, but their site handles repayment easily, pozible throws an error when you try to repay, I wonder if their systems are overloaded or if they have been day drinking

>>50421797
We're back bitches

>>50424746
The first two points literally aren't happening.

>>50433825
Gold is a monetary metal as defined by basil 3. No central bank holds silver in their vault as a store of value. Buy the lowest % over spot to build weight. Saving up for an oz is not a horrible thing either. Check your local market for buyback prices also, some items are not worth as much when you try to sell them. I've observed on jm bullion the buyback spreads were +50 for eagles, +45 for buffs, +20 for krugs, something like 5 or 10 for Brits and roos. Generic is essentially flat. I mention this because the premium on an eagle was say 100, but you got +45 back, making it a "good" buy for something like that. Premiums have actually went up since the recent drops, like 120 for an eagle and only +40 back when you sell. Krugs are a better buy now. But generic is probably your best bet to build weight, this is all dependant on your local market. If the spreads on continental gold is good, buy some.

So I bought some Asahi rounds for fun from SGB, I normally buy sovereigns elsewhere for stacking, and they sent me one which has a chunk missing out of it and it weighs 0.2g less than the other non-defective Asahi rounds in my order.

I emailed their support to show them, and they emailed me back saying weight and purity is the only thing that matters for the value of bullion, condition doesn't affect it's value, recalibrate my scale as 1oz is 31.15g, and just go get it XRF tested if I'm in doubt. Am I getting rugged or is this normal?

I get they're just generic rounds so it doesn't matter if they're pretty or not, but the irony here is I wasn't treating them as investment stacks as I do that with sov coins. And it's a freaking chunk missing with missing mass, recalibrating my scale does change the fact that the normal non-defective ones are 0.2g heavier.

>>50426279
dental floss

>>50433137
I meant pirate whore bruh
>>50424746
>>50434006
I'm seeing number 2 happen right now, the coin shop was absolutely loaded with proof sets and commemoratives last time I went. Would be awesome If I could afford them, I'm trying to collect all the Silver State Quarters.
But is the retail sell-off really enough to affect spot price?

>>50434214
COIN CLIPPERS GET TO IT FIRST?

>>50431415
Based birb

>>50434327
well then https://www.pixiv.net/en/artworks/93695323

>>50434006
I literally showed the Russia's market price chart showing the massive sell off between the 4th - 6th of July. Nearly every other market around the globe went down apart from Russia which went up. >>50423910

>>50434500
thanks

>>50434214
>Buying from big bullion

You get what you deserve faggot

>>50434214
>recalibrate my scale as 1oz is 31.15g
31.1034768 grams

>>50433740
Provident metals

>>50434214
>has a chunk missing out of it
I wonder where it went?

>>50434214
>it weighs 0.2g less than the other non-defective Asahi rounds in my order.
>Weighs 31.2g, still over a Troy ounce

Why are you complaining? A clipped planchet error like that is probably worth extra to the right collector.

>>50421797
yo ho ho and a bottle of rum

>>50434214
something is only worth what someone else is willing to pay for it.
bullion is just metal
if you happen to have something that someone is willing to pay extra for, bonus
but don't count on it

>>50421797
Sub-$20 will be the new average price for a long time, if we hit full recession then I expect we’ll see prices under $15 an ounce. I personally don’t see gold going any lower than $1600 no matter how the general economy is doing

Dealer niggers need to hurry up and send my shiny rocks so I get them before the weekend

>>50435409
hory sheeit those gold libs are nice. i see they are available right now, but not sure i can stomach 2600 for an oz. still do want one tho, would you rec? the buyback on them look like shit from dealers tho, but i know theyre in high demand. are those the gold canada series? ive been eyeballing them too, but premiums suck. would be nice to get in "early" and have the whole set.

>>50435344
Because I've never encountered anything like this before, and I don't know if it's normal or not. Are people going to think I clipped it myself? Is the dealer trying to pawn off defective goods on me? IDK, which is why I'm asking here.
>>50435409
So you're saying this defective round could be a beneficial thing? Because I've only been looking at it as damaged goods the dealer doesn't want to take responsibility for.

>>50435489
selling is always the problem with stacking
you either have to settle for spot (or less) from a dealer
or you have to deal with the public: ebay scammers, getting robbed, whatever
when I sell my libertads, it'll have to be in person. i won't subject myself to fleabay. i'd rather sell to a local coin store

are you asking about the 3 coin canadian series?
Bear, Cougar, Wolf?

>>50435561
you know, people like wierd shit, as my stack shows
a tube of philharmonics is boring
but the rando vintage bars, and one off shit is way more fun.
my philharmonics and some other stuff will be the first things I sell
other strangers stuff will be kept

my stack is partially strategic, and partially just for fun
i have cheap ounces
and stuff that i like

>>50435418
>world wide economy pretty much bracing for a lil (big) shitty
>precious metals in turn shit the bed so hardcore it puts dysentery to shame

When we hit the great depression 2.0 I fully expect sub $500 gold and sub $1 dollar silver

>>50435561
Yeah dude, just market it right! Pop it on ebay as a 'RARE ERROR STRIKE SILVER ROUND'....bingo.

>>50435690
In my dreams

>>50435690
I just passed the pound of silver mark. I'm new to stacking, very exited for this milestone. I've been collecting Roman coins for years, recently found out what my coin collection was worth and started converting that to bullion. I'm trying to be smart, found an LCS that will give me rounds for $3.50 over spot, ASE's for $8 over. I bought a few of each today because I thought that was reasonable and they had some 1980's era ASE's. I felt good making that purchase. Honestly, stacking has helped my self-esteem. Finally have a goal other that 'more weed'.
Currently listening to Mahler, cleaning Roman bronze coins with a toothbrush, and looking at my fucking silver. I want more. Gonna assemble them for a team photo in a few. Thanks /pmg/

so i went to my lcs whose prices arent that great for the first time in a while to see what was new. guys inventory was basically the same as a year ago, us constitutional, some ASE , a little generic, and a very small amount of gold (1/10 us gold eagle, a couple gram bars and a krug)

his prices were 32 for an ase, 20x face for us constitutional, and then i asked him if he had any canadian junk. he had barely any and told me any canadian he gets, he ships ro apmex or a refiner. i bought what he had, and i think he overcharged me, he was charging me 20/oz which is fine, but i paid 25 bucks for like a little over an ounce so pretty close but i think he did something wrong. whatever it was a small amount of money so no worries there.

then i asked him if anyone was selling recently given the poor economy, and he said no. he was actually disapointed and wanted more people to be selling right now so he can DCA , and he flat out told me that much of his bullion inventory comes from dealers. why should i buy from this guy if he is just buying from apmex and marking it up another dollar? i feel bad for him but truly dont know how he stays in business, most of his inventory is numismatics, can you really stay afloat with that stuff?

his price on us junk seemed alright, at 20x face, think i should pick some up? actually seems cheaper than some of these sites, but i hate to pay close to 28 dollars an ounce on anything right now even if its constitutional

>>50435862
Most LCS owners are retired with a shit ton of money and just operate their storefronts to have something to do for the day and maybe make a few bucks

>>50435862
>20x face
I'm not a fan of taking this shortcut to pricing constitutional. One dollar of 90% is about .72 ozt. So with Ag now at $18.6/ozt, a dollar will equal about $13.40. It's a little more effort to multiply the face dollars by .72 and then by the price per ozt, but that's the bottom line and you can hammer out the deal from there. Keep in mind small sales will carry bigger percentage markups, because economy of scale.

>>50435826
Good on you anon. I don't do drugs or drink, but I was spending a lot of fiat on frivolous shit that I didn't need. Having a hobby and investment is much more rewarding.

>>50435974
i dont like 20x face or 19 x face either because i started stacking by researchinf and buying three 9s fine on the interner but most boomies and coin shops refer to dollar face on constitutional because it is easier to talk about since the amount of ag is an odd fraction, unlike canadisn junk. but it does present a problem as i was using .715 which all the online dealers quote, and he was using 7.3 which does change the price per ounce quite a bit

nevertheless, on decent condition kennedys for example he was charging 10 bucks a piece which is a less than i can find online but not a huge hurdle to overcome since the premiums are just retarded

>>50433536
Very nice anon

>>50421797
Is it really true that silver eagles are a bad buy? Should I buy other coins and build up a stack with them instead?

>>50435974
>One dollar of 90% is about .72 ozt.
Does anybody know why they're .072 oz? Just seems completely random.

>>50436428
i think its based off the weight of spanish pieces of 8 but i dont know any more than that

>>50433536
Well chests are meant to be buried in dirt not walls.
Cigar boxes are cool too. I see them quite a bit on my trips to antique stores and flea markets. I like the old art on them.

>>50436272
nothin wrong with buyin a tube or two of eagles

>>50431040
>fire sale
I expect to see those in the coming months when people need to monetize their stuff to pay the bills.

>>50431040
nice dude maybe u can go back, and take your minerals with you

>>50432663
Close, Pyramid weighs in at 4.56 ozt

>>50436428
I don't know why the original Spanish coins were so, but the U.S. dollar is a specific weight of silver as outlined in the coin act of 1793. This is the actual, true definition of a dollar. 0.77335 ounces troy of silver. (Not that this is the actual written value, it's a very exact amount allowed.)
The Spanish coins were a very familiar unit of currency at the time in the colonies and so were chosen as the baseline for the US dollar.
"Kids these days don't know the value of a dollar" is a very true complaint, and often the one speaking it wouldn't know either.

>>50436603
Definitely. Just saw two Britannia 10oz bars go for $210 each. Im in shock.

I was at the LCS I frequent today and the owner was behind the counter with a customer and his wife (mid 30's-early 40s) selling off quite a few coins. I couldn't help but hear some of the conversation and these people made me wince several times. They were selling their dad's coins (I gathered he was no longer living, and that it was probably the man's father) and had absolutely no idea what most of them were worth, them having only done some brief ebay searches. I'm talking selling morgans graded 65 for $35. I don't fault the owner because I know him and he runs a small-time operation where he has to make what profit he can, but why wouldn't people inheriting coins do adequate research before they go to sell? If my father died and left me a bunch of anything I would make sure I knew everything about that item, not just its price, before I even considered selling it. Are these just people without a very strong connection to their parents? Lazy people? Idk, it just made me feel kind of depressed for a little while and I called my dad to tell him I love him. Blog post over.

>>50432703
Rule 34xxx my nigga

>>50434214

>tfw cant dca without dropping 1500 at a time thanks to cucked tax laws

>>50437144
>but why wouldn't people inheriting coins do adequate research before they go to sell
meth heads most like. I have several oz of non-bullion that has come exclusively from register change.

Bros what website is the frens mark on and is there still time to buy sers?

>>50437217
kek

>>50437217
>tfw remember getting my first philharmoniker
>tfw it was shiny
>tfw tiny milkspot on the reverse but overall wonderful condition
>tfw dropped it
>tfw two dings one each side of the rim
>tfw
It is a good thing these are such a lower premium compared to other coins, because I plan to buy more pretty soon, kek

>>50436428
The US used to use the Metric system, one Dollar worth of change (from 1853-1964) is equal to 25 grams of .900 Silver
>Half Dimes were 1.25 grams
>Dimes are 2.5 grams
>Quarters are 6.25 grams
>Halves are 12.5 grams
Only Silver Dollars were slightly heavier, keeping in line with the old 8 Reales.

WAGMI

>>50437478
what do i need to do to get a hitler dime?

>>50437454
Its over.

>>50435826
>I've been collecting Roman coins

Post pics ASAP fren

>>50437715
NOOOOOOOOO

>>50437454
Reichanon made a killing with the spot price crashing, if he's smart he'll make more and sell them himself.

Your majesty, where the HELL is YotsubaCoin?

>>50437802
Not really. Half the cost isn’t even for the silver. Spot dropped a couple bucks so he’s up maybe a few hundred more. Big deal. He already said he was making 100-150 for himself.

What the fuck is this? My payment was approved this morning

>>50437887
It is written: Only holocoinanon can deliver the yotsuba coin.

>>50438013
My bank account shows that the money was taken out. so uhm? RUGGED.COM

>>50438013
>>50438124
Did you make an account to purchase or did you do it as a guest/anon?

>>50438159
It's related to not having an account
Excuse the phone posting but here is the message for anyone who can't see it

>>50438204
I see. Thanks

>>50438013
Had that happen to. I think my CC company doesn't trust Pozible. I told them to trust it and re approved the charge and alls good.

The frog statue funding site also only accepts 2 of the big 3 credit card companies but the payment screen lets you pay with all 3. Had to read the FAQ to figure that out.

>>50437144
>I would make sure I knew everything about that item
I'm in that situation, several inheritances ended up in my appartment. At one point I cannot do it any longer, it's just too much. Coins, to some degree. But then the huge stamp collection. Add the (vintage, rare) books. The watches. Paintings. And other collectibles and equipment. It's tiring. Each is a completely different category I know nothing about. I tried to gain some knowledge about each but every time I realized that it just opens the door to more research. I asked people (mostly boomers who have that stuff themselves), but they're detached from today's markets and often they start telling me useless anecdotes from decades ago.
Now it all clutters my apartment and the background noise of unfinished business keeps me somewhat unhappy.
My approach now is to go to dealers/collectors and ask for a minimum price for each item/category, everything below I take home again and then scrap it.

>>50437144
My guess is just laziness. Most normalfags just think old coins are "weird trinkets" of the past like stamps and china dolls are and don't think to look. What doesn't help is that a lot of old people didn't bother to hoard actually good coins, just weird but ultimately useless shit like Buffalo nickels, B anthony dollars and wheat pennies. So a lot of times when the kids do go to sell off it's nothing but garbage and so they get turned off from coins in general.
My older brother recently got an inheritance which was 90% stamps, some assorted junk and a few coins. Of those coins the only things even any good was a 1986 silver eagle proof, $2.40 face in 90%, and a 1986 proof set he let me keep.

Why does the price always go up at night when the markets are closed?

>>50429381
>STACKERS COULD BE HERE

>>50438424
The price usually goes up because the Amerifats aren't there to sell everything for a quick buck.

>>50421967

>>50437144
that's just how it goes. People that aren't bullion dealers wont get top dollar for their stuff. that's how the world works. For most people making money at their job is easier than trying to squeeze extra bucks out of this kind of deal. People just want to sell and be done with it.

I buy lots of this kind of stuff and watches all the time. Most people want just a halfway fair price and be done with it. I collect old gold watches and most people are happy with scrap or scrap x 1.1 for old stuff- even if it's never been worn. Its just how the world is.

Anyone have updated info on the comex, how much shit they got left?

>>50434214

I don't know what's up with Asahi but weird stuff is going on in their warehouse.

I purchased a new 10oz bar not that long ago and there's a blood stain on it. And yes, it's still plastic sealed.

>>50438786
what the fuck

>>50438918

>>50438918

>>50438918

>>50438918

>>50438918

>>50438786
cool...

>>50438786
maybe one of the workers was on their period or something anon?

>>50434214
>tfw
Label the coin as a "mint error" and resell the uniqueness of the coin for 5 times it's spot value, someone is sure to buy, then use those funds to purchase 5 unaltered asahi silver coins desu

>>50438311
cant you hire an expert to appraise the inheritance

So is gold going to dump even more or have we found the bottom?

i really hope you guys dont take my advice, ever
im dyslexic for numbers. my advice is bad

>>50440571
well, I ordered some recently, so I expect it to drop lower