/biz/ - Business & Finance

Why hasn’t the post man delivered my cheapies!!!

>>56467576

>>56467576
>Linux Edition
sudo apt install based-department

Gonna bop IQDELET over the head with a kilo of huge rock losses.

Why shouldn't I buy precious metals?

Man, I've never seen FUD to the extent that has been happening in /pmg/ threads, lately.
Nobody is going to just sit in threads all day, posting hundreds of posts about how good metals are as an investment, getting into simultaneous arguments with people and making pathetic attempts at memes all day for weeks on end, just out of the goodness of their hearts, to try and help people make a good investment.
There is definitely money behind the FUD shills, they have been employed by (((coin dealers)) who want people buying silver, in particular.
They've even started making multiple threads to disrupt /pmg/ cos they couldn't use arguments and were unable to make the threads unbearable (despite a lot of effort on their part).
The only conclusion that can be drawn is that we are over the target.

>>56467893
You should. Unless you are an undesirable. Then you should starve with the rest.

>>56467644
>even if the US stopped existing right now, the thing that replaced it would be exactly the same. Because it was incredibly successful.
This is incorrect because what came before overlayed a functional economy. It was well capitalized and the system basically parasitically consumed what was already here. You can't jump start that system no more than you could use a banker or an accountant to help you get off of a desert island.

The economy will be rebuilt on savings, production and nothing else.

>>56467893
because you touch your pepe at nite and could contaminate the metal

>>56467797
in simple terms, the % return on credit default swaps is an insurance premium and is proportional to default risk modified by recovery rate. default risk is equal to the premium in % divided by (1 - recovery rate). the premium on 5-year Treasury CDSes has doubled in the last year or so.
>>56467644
sluggish demographic growth, more expensive medicine, and longer lifespans means that people's medicare/SS benefits are ballooning while tax receipts are stagnating. the US is now spending more on SS/medicare than those taxes earmarked for that purpose are taking in. do you really want to be paying 20-30% of your paycheck on SS taxes? there is an inverse relationship between national income and social spending as a % of GDP

>>56467993
>The economy will be rebuilt on savings, production and nothing else.
yes, just as people entering the economy have to start by bartering, then move to wampum, then metals, then dollars, then finally debt

in real life all you need are numbers on screen, and a willingness of people to believe in them. The current economy has had no connection to the fiat money supply for longer than you've been alive, and replaced a connected economy in a single year with only the slightest attempt to make it appear they were connected.
>>56468065
>do you really want to be paying 20-30% of your paycheck on SS taxes?
the part you don't understand is the people voting to get rid of SSI are generally the same people you think are depending on it.

boomers don't give a fuck about SSI or medicare for the most part because
1. it isn't nearly enough to live on
2. they're rich.

>>56467488
>>56467797
>>56468114
>>56468203
just gonna bring these in here bc i need answers. i finally caught up

>>56468181
they really aren't that rich and they sure do care about medicare

>>56467614
Cheapies arrived. A tube of chucks, coronation round, and my pez. I like the Kinebar, but I think going forward I’m only going to buy gold coins/rounds. Life is good.

>>56468284
younger generations have very good short term reasons not to get married, hold a job for decades, leave their parent's houses, or buy a house.

there are some very good reasons not to do any of that. But it also means you're abandoning a financial system your grandparents set up for you to get rich like they did. And that's fine.
but since no better system has ever existed, whatever they choose to replace this one with will be either exactly the same, or much worse.

there has never been a good time in human history to be some weirdo that never dates, never goes out, never works, and never supports themselves. Those people have never thrived, and often they simply didn't survive.

>>56468328
They're house poor. And I worded that poorly. They care about THEIR medicare and SSI

just not yours. If we got rid of it right now they'd be fine because they paid for theirs and don't want to pay for yours.

>>56468181
>in real life all you need are numbers on screen, and a willingness of people to believe in them.
And the bond market collapsing and toppling the banks and wallstreet you believe there will be a willingness to believe this? Maybe after a couple generations. Those who lived through the Great Depression didn't trust banks again for the rest of their lives and they lived to see their wealth stolen by 69% when gold was revalued.
The system will never rebuild itself because thew dollar will never be the reserve currency again. We already peaked and it will be China importing American production, not the other way around LOL

>>56468398
the name on the paper doesn't matter. If the dollar goes away, some other fiat will replace it. Very possibly the yuan.

the Great Depression and its fallout are the reason that generation largely supported abandoning metals. Paper is much easier to get, or forgive. We passed laws so that the depression will never again hit the average american like it did before.

>>56468383
their investments aren't really that great either. like...the fact people in this country constantly talk about how much they have, when their average retirement savings is 200-300k, just tells everyone how many cock miles we've taken up the ass. that amount, during those years, is absolutely fucking pathetic. americans really are niggers

>>56468427
This is laughable because the FDIC has zero capacity to bail everyone out. Nor does the federal government have the ability or the intent to pay back their debts. which are EXPONENTIAL.
Could you please tell the class what an asymptote is?

>>56468438
sitting on a million dollar house with a third of a million in the bank is just fine when you've got 0-20 years to live.

retirement age is usually calibrated to life expectancy. You are expected to die before you retire, and if you manage to make it past that point with a million in the bank, you are rich.

>>56468449
do you know what forgiveness is? in terms of debt?

it doesn't get paid back or bailed out. It doesn't need to be. The loss is priced in.

>>56468468
Who owns the debts? You are going "forgive" the trillions of dollars owned to my insurance company or my pension?
You fucking idiot people OWN this shit. Retard.

>>56468181
boomers care intensely about social security. you're not going to be able to take it away from them, they think they're owed it because they've paid into it their whole lives (and they're not wrong). gen X is the pissed off generation since they're the first to carry the burden of a generation larger than they are (71.6M vs 65.2M) and they recognize this isn't sustainable.

>boomers don't give a fuck about SSI or medicare for the most part because
>1. it isn't nearly enough to live on
https://acl.gov/news-and-events/news/baby-boomers-overestimate-social-security-income
Baby boomers think they'll cover half their pre-retirement income with social security. This is delusional.
>2. they're rich
they're the wealthiest generation of all time, but they are also projected to live a lot longer. if you can make it to 65, SS projects you'll live another 17 years. it was ~13 when SS was first introduced. couple that with the fact that medical advancements have inflated health care costs 3x faster than all other goods combined, and that wealth may not be as much as they need. if the US had a functioning healthcare system like most other first world countries, that 17 years would be more like 20-25.

The Gallup polls are interesting to read:
https://news.gallup.com/poll/1693/social-security.aspx

>>56468456
no it won't lmao. i manage my mom's account for her. she has 2 mill and its just her in a paid off home. i don't think she will have enough and i'll have to start giving her additional money.

>>56468486
that's a point you don't seem to understand

americans aren't hooked on debt. They're hooked on products and services. If they debt can't be repaid, you can't generally take away the products and services.

US goes broke, the whole world is going down with it. That's a "them" problem.
I go broke, everyone I owe money is going down with me. Also a "them" problem.

>>56468488
>i don't think she will have enough and i'll have to start giving her additional money.
you're a fool if you're dumping good money after bad.

bankruptcy laws exist for a reason.

My insurance company that I pay monthly payments to that is forced to buy "safe" investments like treasuries is going to have its ENTIRE multi trillion dollar asset portfolio written off and rZyQ03p+ thinks that can just happen without any repurcussion. As if we won't all have to collectively recapitalize our insurance pools and banks etc etc etc.
This isn't a shill. This personal might actually be a retard.

>>56468065
holy shit where can i see a longer historical data for CDS? at least from 90ies or 00s?
>>56468369
yes but only small portion of those young people are understand those reasons since most of their parents don't understand any of this shit either and it's very unlikely for a child to develop interest in these kinds of things on his own unless his some kind of autistic.

>>56468366
Congratulations on your losses

>>56468487
see>>56468383
>I worded that poorly. They care about THEIR medicare and SSI
>just not yours.

>>56468488
Even if she spends $50,000/year. That money should last her 40 years. That’s almost $1000/week. What the fuck is she spending all of her money on that she’ll go broke with 2mil before she dies?

>>56468532
>rZyQ03p+ thinks that can just happen without any repurcussion.
you guys are the ones saying fiat is worthless paper.
which is it? worthless or world changing and almost impossible to establish?

>>56468508
It's called economic misallocation. We're going down because we shipped our manufacturing overseas and tried to rely on a service economy that doesn't work. Our ability to fix our economy is SOLELY dependent on what we can manufacture, grow, energy and produce and export.
Econ 101.

>>56468564
Wait for trouble in the bond market. That is what holds it all together.

>>56468565
>that doesn't work
it's worked spectacularly well for longer than you've been alive, and there's no reason to think it won't keep working long after you're dead.

>>56468427

>>56468570
>That is what holds it all together.
we've seen the system fail completely several times in my life, at least twice in your life.

failure is meaningless, they just restart it like it was before.

>>56468543
they still wouldn't be fine with getting rid of social security now because they need current SS tax revenue to pay for the SS benefit. it would be politically impossible to cut future benefits without also cutting taxes now, so it stays. if they were to get rid of SS, they'd need a massive COVID-sized bailout to keep current workers from revolting--the same way most companies got rid of their pensions in the GFC.
>>56468534
you'd really need something like a Bloomberg terminal to go much beyond 2009. this will take you to 2009 at least: https://www.investing.com/rates-bonds/united-states-cds-10-years-usd
alternatively, find a research article that cites the data and sci-hub.st it

>>56468427
>passed laws
The Federal Reserve Act was passed in response to the economic panics of the 19th century and one in 1904 or 1908. How did that work out?

>>56468676
>they need current SS tax revenue to pay for the SS benefit.
that doesn't fit with the
>we paid for it
narrative

like either they paid for it, or future generations are paying for it. It can't be both. And for the most part they absolutely believe they paid for it.

in real life you're right, because nobody expected them to live or work past 60. So they'd get a rude surprise if they voted to cut it off. That doesn't mean they're not voting to cut it off.

>>56468719
>How did that work out?
so far excellent

how do you think life in the US was during the victorian era right up to about WWII?
I collect lots of crap from that time period, and read their newspapers. There's no fucking way I'd trade my life now for one back then.

Let's say Iran gets involved in the israelian war and gold spikes to 2700-3000 usd, would you immediately sell and take profits? Or hodl hoping for even more?

>>56468722
but it's both though. they're not mutually exclusive. their SS money was squandered on providing cheap capital for government spending over the last decade, and now there isn't as much as there could have been. the SS "trust fund" is legally required to purchase Treasury bonds at whatever interest rate the Fed sets.

>>56468762
well kinda, the Fed doesn't directly set Treasury rates, but through the federal funds rate has a very strong influence on the Treasury rate. in practice the Fed has kept the federal funds rate low over the last 10 years at the behest of Obama/Trump, basically borrowing against SS.

>>56468762
yes but they don't necessarily know that.
and if they believe they paid for it, they're denying the fact that they also elected people that stole it.

>>56468759
>selling
bro lol, id buy more

im so excited bros.....

>>56468736
>There's no fucking way I'd trade my iPhone, onions, and studio apartment that I have now for a loving wife, multiple children, and a homestead on more land than I would even know what to do with!

>>56468841
>projection

I have a loving wife, 2 grown kids, acreage right next to a national forest that covers half the rocky mountains.

I also have pretty much anything I want within reason such as cars, boats, travel all over the world, food from the entire planet, much better health care, insurance, life expectancy, entertainment, and working conditions.

you could have all that too. Though I notice most of you aren't married and having kids or buying land or houses or whatever, so you probably won't.

>>56468606
You ain't seen nothing yet. When the bond market implodes along with will go purchasing power of bank credit. All of the leverage will unwind unlike anything you have seen before.

>>56467631

>>56468919
>unlike anything you have seen before.
I hope so, but I've seen some shit.

I lost $500k on October 20th 2008, and I didn't see banks lending money for almost 3 years after.

but if you're right, people like me will turn a couple million dollars into tens of millions.

>>56468759
I only have 1 oz even if it went to 5k I wouldn't sell unless there was a serious issue or emergency

>Customs and Border Protection recorded the highest-ever number of encounters, with unauthorized immigrants at 3.2 million nationwide, obliterating last year’s record of 2.8 million. In 2020, the last full year under President Trump, the figure was less than 650,000.
is this how we fix the demographic crisis? it's funny seeing Biden flip-flop on this issue and ask for more money than Trump to build the wall ($14B). also he's asking for $14B for Israel in the same breath.

>>56468868
Based Albertan?

>>56469073
Coloradoan.

>>56468942
Lmao this is why you tards lose 100% on your boomer rocks

>>56468811
me too

>>56468549
that's really a good question, anon. she's kind of a lowlife, faking disability, and getting ~1.5k a month from that too. but she's the type of boomer that thinks looking at prices when shopping is beneath them, so that doesn't help much.

>>56469173
i almost forgot the order pic :(

Coin 1/2 arrived today. I suck at taking photos but it looks amazing in person.

The detail is incredible.

crypto nerds will seethe

My only complaint is that it's not marked '999 Silver 3 Troy Ounces' anywhere, but the COA is. Absolutely not getting rid of the box.

>>56469187
I wasn’t impressed enough with the gilded to stack it and I’ve got every memecoin to date. Happy with my single pirate coin though.

I really love my little boomer coin shop but they run off “I’m tired so I’m closing at 2” hours. Might just stick to online orders but it’s still a shame.

>>56469319
Reading the description of this thing had me chuckling

>>56469302
My crypto has gone up farther in one day than my silver and gold ever has, seems like you faggots are seething plenty.

>>56469302
yep yep yeah

>>56469493
Nothing has proven crypto is anything more than pyramid schemes and scams, my man. No viable implementation of any one of the million shitcoins, BTC included, has come about in over a decade of use.

On the other hand, PMs are timeless hard assets and not ObamaSonicBukkakeClinton42069.

>>56469493
>he missed the big pump last week

Fake ass stacker

>>56469493
Silver is literally the worst investment , kek that's why the shill it non stop

>>56468427
The next world reserve currency won't be a countries fiat. It will be a global currency based on a basket of commodities. We know how well the world goes when one country holds all the financial cards..

>>56469530
99.999% of crypto is a ponzi scheme. But you will be using the useful ones one day soon.
t. 50/50 crypto and PMs.

>>56469669
Wow omg I had no idea...
I know it's a scam. Still goes up and down. Still milkable.

>>56469319
>My only complaint is that it's not marked '999 Silver 3 Troy Ounces' anywhere,
Same with the Webb Telescope art bars/sculptures. Not even a COA. Just a custom plastic capsule.

>>56469669
The government’s just going to bow their head when Pepe reaches a 3 trillion market cap? The more likely option is unregulated crypto being banned completely and the “safe” alternative existing as CBDC.

>>56469720
100% agree. The ones that benefit them will survive, the others won't.

I’m such a little slut. “Just checking” on eBay’s ending soonest and big baby anon now has pic related on the way. IM A SLUT. A LITTLE SILVER SLUT.

>>56469838
God fucking dammit apparently I’m mindbroken too

>>56468759
If gold moons and silver doesn't, I'll sell some gold and buy moar silver. Otherwise I just keep stacking silver.

>>56469743
So they'll just take the code, whatever that even amounts to, and reimplement it under a different name there by fucking over anyone holding the original tokens?

>>56469743
Plan is to accumulate big banker cryptos, when the USD starts to crash cryptos/real estate/ commodities will jump. Most likely gold will be later in the game, and silver follows gold. If timed right you can catch a crypto pump, and cash out profits for shiny. Best of luck to you all, there are gains to be made in this new future coming up.

Hell yeah! Got a '52 dime when I took my empty sodas and beer cans back.

>>56467922
Hey asshole I'll have you know that being a paid shill for APMEX is a totally legitimate job. Why don't you go get a job flipping burgers or something instead of insulting us backbreaking hard workers here you fucking NEET.

>>56469859
Might as well face it your addicted to losing

>>56469988
Thus becoming the first person at pmg to not lose 80% on silver

>>56467576
Repill me on Nazi silver coins and whether they are worth collecting instead of constitutional silver.

>>56469985
This is what I mean. “Just gotta find the right ones and dump them on retards at the right time.” I respect the risk you’re taking like I respect a drug dealer. Maybe it’s a viable move or maybe it’s a hair greying shitshow. I made some money in crypto but got out after getting sick of the sleepless nights and constant stress. Now I stack metals and am working on a small business.

>>56470100
If you’re a burger life is hard and your best chances are finding listings on eBay near the prices euro anons are paying. They’ve got solid numismatics, have silver, and piss off Jews so they are the holy trinity of stacking. However, the price has got to be right. If it’s not from a bid you’re looking at 20-30$ for not much metal.

>>56468919
Can you walk me through what you think that implosion looks like?

>>56470198
It's like an explosion, but in reverse.

>>56470213
Like if the Titan submersible were made out of bonds instead of plastic?

>>56470081
10Keks+1/10

>>56469593
>We know how well the world goes when one country holds all the financial cards..
yep, but they'll make egalitarian promises right up until the dollar falls, and then they all start competing to be the next world power.

>>56470081
> Thus becoming the first person at pmg to not lose 80% on silver

>>56467576
i want a tux coin now.

>>56470345
I hate that smimy little fuck. Always have, always will. He's said a lot I agree with but he's just suck a weenie I want to punch him square in the face.

>>56470403
> I hate that smimy little fuck
Why? He’s just a good old boy at heart,

>>56470403
does he scare you?

>tfw your wife is a doctor

>>56470425
>>56470441
He's a smug little shit.

>>56467576
>Linux Edition

>>56470403
https://www.zerohedge.com/news/2023-10-25/former-breitbart-colleague-i-saw-ben-shapiro-receive-tasking-israeli-intelligence

>>56470517
Many such cases!

Gold has broken its all time record again.

>>56470547
Outside of my cute little racist stack of 5 gold krugs I’m feeling some FOMO.

Any other silver commemorative chads?

>They’re one of the cheapest means of stacking raw silver plus you can jerk your patriotic peen to the countless design fellating this once great and now great nation.

>>56470547
>Gold has broken its all time record again.
Not it hasn't liar. Post gold.

>>56467576
ambi going to make it, im a broker ass nigga with 55 oz of silver 0.5 oz of gold

>>56470578
I’m an Israeli commemorative silver stacker now. Trying to scoop as many before they get the kibbutz

>>56470593
> 55 oz of silver 0.5 oz of gold
No

>>56470593
>55 oz of silver 0.5 oz of gold
It's like a real, non-numbers on a screen, non-paper savings account. And all that matters is you're out of the debt based system. Keep on stacking fren.

>>56470583
>Not it hasn't liar. Post gold.
Yes it has in GBP.

>>56470594
Israelis have silver? I thought they can't touch it. maybe they get Shabbos goyim to do it for them.

>>56470100
they aren't

>>56470593
Looks pretty gud. Just keep adding to your stack a little at time, to the extent you can afford to.

>>56469285
shame we can't see it cause shits reflecting off the capsule

>>56470639
>in GBP
Still wrong. Zoom out.

>>56470643
Yes they do. I think they hand these out to American Shabbos goy dipshits. Can’t wait to show you guys! They have propaganda shit on them. Haven’t even looked it up because the people here are much better than I am at finding figuring this shit out.

>>56470666
>Still wrong. Zoom out.
I did, 20 years.

>>56470648
>they aren't
They'll be the most sought-after numismatics in a few decades.
>>56470660
See >>56469265
>I suck at taking photos

>>56470675
I hate the Israeli state as much as the next goyim but would be interested in some long nose tribe commemoratives. It would be like a collection of dark magic.

>>56468811
I've only got a wagmius but might have to get a couple of these to celebrate reaching pirate tier.

>>56470687
my bad, im blind apparently.

>>56470697
Masonic shit and weird symbolism on them too, as to be expected from Jews.

>>56470701
im thinking a gilded one and regular.

>>56470685
Then see your optometrist.

>>56470666
>>56470685
Even Bullionbypost is showing it as all time high. That chart is different to the one's I use.

>>56470714
They even have “Shlomo Retkin” as the engraver on some. I’m content with my burger coins vs rat kin artwork.

this is what you get for charging excessive premiums

>>56470820
My response: you will not have my guns.

>>56468811
Holy shit why is this $85 American dollars????

I was fine paying ~$50 in the past but this seems overkill (dare I say slightly jewish?)

>>56470547
Lmao you forgot about inflation

Funny how you always value your metals in fiat which you claim is worthless and when I point out you lost 80% on silver you say nah uh I still have my 3 Roosevelt dimes

>>56468919
What bond market? Treasury, local, corporate? And what happens? Mass sell offs?

>>56470909
Money to finance a compound

>>56470924
For once, you're right.
Everybody, we're no longer using the USD for measurement anymore. From now on we only use the Big Mac Index.

>>56470945
do coin holders get access to that?

>>56470962
Yes, with inner circles being limited by how many different ones you have

>>56470735
Inflation adjusted the high is over 3000. Lmao it's amazing how yours came victims delude yourself

>>56470909
Because losers will pay it

>>56471032
i'm still stuck in this non-traded piece of shit for another couple of years, but i'm glad they finally started to bump the dividend back up a little bit.

>>56468811
>>56470909
>>56470945
yeah, that will be without me too. Pretty sad because i got all the other memecoins (but for animu trash) from mintanon, but last time i already was very relunctant at shelling $60 for one oz.

Now he became way too fucking greedy.
He doesn't even need to, we all know he produce more than the preorders figures he claims so he can sell on the secondary market for $250...

Look at the gilded version, there is almost no gold plating anywhere and he's charging 20 extra for that? What's his margin on this? $23 for the blank, $5 for the mint, then he pocket between 35-50 bux per oz depending on the version? x800 = for an easy 32K + all the extras he'll discretly sell post release on ebay at 200+?

Is that how we get rewarded for continuously supporting his work and buying his rounds? Mintanon, you call us "frens", but frens respect each others, and it's not the impression i get when you charge more each time with no valable reason. You know lot of the anons here have a limited budget..

So no, fuck this, i'm done participating to this shameless display of greed until you become reasonnable again.

>>56471099
Buy it or don’t.
Stop bitching about it.

>>56471099
will the coin have an aged look like that? maybe the die would cost more? he could always add the gilding back to the flag on the rear :)

>>56471099
> So no, fuck this, i'm done participating to this shameless display of greed until you become reasonnable again
You want the round, you pay the price. I don’t want to hear anymore of your Pussy communist screeds, go make your own fucking round pussy bitch! Don’t @ me

>>56471099
this

>>56471099
>*autistic screeching*

Oh look, it's eggfaggot the ASEsperg again. Go cash in the fat gains from your 200% premium ASEs you loved bragging about and you might be able to afford one or 2.
Then go fuck yourself.
Then kill yourself.
Thanks.

>>56470820
>>56470886
Keep your hands off my stack!

>>56471099
Betrayal is a terrible thing better to learn it now and quit enriching the scammers and premium grabblers.

You've got your memecoins now man up, ditch the fake physical world and trade real paper silver. No premiums, no hassle and the actual potential to make a profit

>>56471099
Yeah. I was tempted to by the anime prospector, but honestly I can’t be bothered to pay over 150% premium. That’s just fucking retarded and doesn’t make one bit of sense from any perspective. Definitely feels like we’re being jew’d.

>>56471367
Listen to the Metal God

Me calling out the scamBOTS and their victims is my way of showing them love. Going along with peoples fantasies like they’re real causes schizophrenia. I’ve seen people in my life go from sane to batshit crazy when they start pretending something is real that isn’t. I wouldn’t be surprised if these freaks now actually think paying YUGE premiums to their enemies is smart. They don’t need more silver they need serious mental help and intense honesty. You can’t go along with their lies or it will break their minds.
Silver is not an investment
Paying premiums on a commodity is Le Big Dumb
The $$$$ is king
A worthless rock won't buy you a virgin
You lost 80% on the silver scam
It's gone forever
Coin merchants get rich by making you poor
You gave all your $$$$ to people you hate
There are no bad words only bad intentions
Turns out I’m their only real friend they had

>we've started breaking the shills

>>56471423
Good, the era of ScamB0ts, BatBois, fake frens and paying 233% premiums is over. Time to make some real money $$$$$$$$$$ U.S.A. U.S.A.

Heil to the Fed and

Hallelujah!

i'm jus gonna keep buyin silver
simple as

>>56471549
OK then

>>56468759
if gold hits 3000 it's gonna go way higher

>>56471099
i agree with you that the gilded version is meh. i bought 3 plain silver pirates this time.

>>56471591
Fact check, true

Uh oh stacking frens I don't feel so good.

>>56468759
Hell no.
I have PM mining stocks that are my go-to for peeling off profits.
If your stack is large enough to where you can set some aside to sell in the event of a hyperbolic "blow off top" then by all means you do you.
For me? I think we are sort of a pre-ponzi era where everything we have priced in PMs is laughably cheap. People casually spend $25 on a night out on beer and food, and if you hold that value up to the fundamental analysis of silver I think we can start to see the absurdity shine through of the valuations here.
The question reverts back to this? How can it be that GLOBAL silver production can not provider 3ounces of silver PER AMERICAN (not the rest of the world, not to business or w/e.) But 3 ounces of silver only costs $75. ???
This only makes sense because bank credit has purchasing power. This only makes sense because the bond market props up insurance, stocks, real estate, and money markets. ALL of the paper-ROIs you earn consistently soaks up demand to take pressure off real-world commodities. If these systems collapse in any way and stop absorbing purchasing power and people look for alternatives such as silver the game is exposed overnight.
The plebs taking their money and giving it to Wallstreet and expecting a ROI is what keeps the game running. Your paycheck earns you 1oz of gold every 2 weeks, and you save and save and save and you put 10oz of gold in the vault. But after the great deleveraging and you want to spend you cash you will find you only have 1oz of gold worth of purchasing power.
People will look at their houses worth $1M in peak-ponzi and say "do you know many KILOS of gold that was worth? Do you know how many OUNCES of silver that would be?"
The Euphoric math of BtC will apply just as much to gold and silver. It sounds absurd but the bond market is absurd. It can't be paid back and that's a problem that can't be solved without losses. It's a fact. Your money is not in the bank in quantities that you think it is

>>56471735
Kektop, one of the pompous blathering morons on pmg paid $1200 for something like this

>>56471735

The size isn’t even right. No stacker worth his salt would fall for shady shit like this.

>>56471735
fake shit flooding the market means demand is way up

>>56471753
> spend $25 on a night out on beer and food
>1 beer $6
>1 meal $15
>$3 tip
Wild night

>>56471772
it was some senile old dude

>>56471797
The analogy scales. I wanted to hone in on the 1:1 ratio to illustrate these relative values.
$1.40 of junk silver is an ounce of silver.

>>56471820

Modern misery can be traced back pretty clearly to when silver and gold left our money. The decline in the standard of living, resulting in lower birth rates.
The government being able to print infinite dollars to fund whatever Evil pet project meets their whim.
The end of silver in our money was the beginning of this absurd decadence of the elites.

Within my lifetime a man could have lived his entire life off of the interest on just $200,000. It would be a humble life but he could sustain himself.
The goose that laid the golden egg has been slaughtered.

If there's anything that bothers me it's "kektop"

>>56471859
The answer is simple. A banks' product is essentially loans that garner interest. It is in their interest to expand their product not just to productive investments such as business but all the way down to credit cards so you can buy a hamburger. Capital and credit are both fungible, and reckless expansion of credit has stimulative impacts on the economy. However the interest bearing nature of credit ensures that it creates drag and inefficiencies in the economy as it soaks up more and more resources. It is no surprise the 1% are running away with all of the money for this very reason.
Work and human capital are precious and THE SOLE driving factor of an economy. A suitcase full of cash buys nothing on a remote desert island. It is only through productive work that wealth is created. Banking is the eternal middle-man. A monopoly that needs to be controlled by a patriarch whose power can be harnessed for good of all much like a public utility.
Private bankers and that whole class justly deserve to be routed and disposed of and whose secrets are some of the most nefarious on earth. It is best to think of bankers as people born next to an opium field. Their product is a menace and it is better to burn the fields and destroy them all than let them get out of control ever again.

>>56471585
Is it? Im hodling 2kg and I feel i over extended myself a bit so I am trying to figure out when to sell for max profits

>>56471670
>/biz/ have some of the smartest trolls and dumbest posters on 4chan
>Crypto threads on catalog page: 50+
>Precious metals thread on catalog page: 1

Guess which group has lost lots of wealth. Hmm.

>>56472053
Half the board is crypto threads with like 15 posts and /pmg/ is always in the top 3 pages with 50+ IQDELET posts. Their seethe is real.

>>56472053

>>56472065
> /pmg/ is always in the top 3 pages
Why don’t you use the catalog?

>>56471936
>Im hodling 2kg
pics or didnt happen

>>56471099
I'm buying an extra one just because of this screeching woman post

Even when there's pics it didn't happen. Half the posts here are people bragging they got scammed the other half are pics from reddittt that scammers use to make people think lots of others are buying retard rocks

>>56472065
There's only one legitimate dumb thread on /biz/ and that's /gme/. The squeeze has already happened with the only people left around those who brought the bag after the squeeze and those that want to crush more stockbroker earnings to teach the naked short sellers a lesson. While this is a bit delusional, what makes /gme/ really dumb is that none of them are bothered about making Gamestop profitable by spreading the company out into different fields. Even when they are told this you will get anons telling you to shut up, or that you're spreading FUD. They're honestly dumber than the crypto suckers because at least for them they've been fooled by the hype of their hustlers.

>>56467576
>Huge deficits in minerals such as silver by 2050 inevitable

Doubt

>>56471936
> Im hodling 2kg
Why lie?
> I feel i over extended myself a bit
Did you take a fucking loan out to buy it or something? Lmao how is holding gold strenuous on your finances? There’s no upkeep costs, no taxes just for owning it, no recurring expenses of any kind. What a weak larp.
> am trying to figure out when to sell for max profits
Your great great great grandkids will be long dead before gold ever stops going up, selling it at all implies unlimited potential loss. I can’t tell if you’re retarded, a shill, or both.

>>56472359
>buy retard rocks for your kids

>>56469555
checked, but I'm not buying your bags

>>56473277
You are smart to buy silver you only lose 80% to 100%

>>56468811
>>56470909
>>56471099
that's great, where the fuck is my crusader coin?

>>56471099
>my guilded yotsuba never arrived
>no refund

>>56472691
>>56472691
>>56472691
>>56472691
>>56472691
>>56472691

>>56470666
This zoomed out enough for you?

>>56472396
All these 'compare to stock' arguments only ever compare the stock market of a growing superpower (US anywhere between 1850 and 2020)
Never compare the stock market of a waning superpower vs gold (UK since 1913 and perhaps US since 2020)

>>56468811
>coming for that booty
How old are we, 8? This ruins it for me, its just too cheesy and gay lol.

>>56471921
Yes, and the illusion of fiat and banking leads to the fundamental error of Keynesianism: that consumption drives production. Only through the fraud of fiat and credit money could anyone come to believe that you can enter the market and trade without having first produced something to trade with!

>>56473653
OK the stock market is up 35% including dividends
Silver is up 28% but you paid a 40% premium so you lost by almost 50% over the time period you cherrypicked. Next!

>>56473772
>the illusion of fiat

Yes the illusion of the currency you use for 100% of your transactions

Lmao these clowns have their heads so far up Peter schiffs ass they can reach out and stuff huge premiums in his pocket

GOOD MARNING SARS, I AM GUPTA, GOD OF FINANCE, PROTECTOR OF ACCOUNTS
I PRADICRT SILVAR WILLA BE $28 AT NEW YEAR

>>56471267
>>56471267
>Keep your hands off my stack!
I'm in the high-fidelity first-class traveling section
And I think I need a Lear jet

>>56469859
I have one or two of these.
How much was it? $23-$24?

>>56470583
>Post gold
DON"T TELL ME WHAT TO DO!!!

>>56475234
kino photo, anon.
plz retake with only Morgans.

>>56470583
>Post gold.
GOOD MARNING SARS

>>56475420
Those spanish gold coins are so cool. Loce the cat and the bull and kicking myself fornot getting them when they came out.

>>56475476
>>56475420
you should buy the new stallion then on apmex aka JEWmex

>>56475536
But I just like the cat and the bull though...

>>56475420
>>56475536
You bastard, this is the only Gold Coin on my slurp list, I fucking love reverse proofs, plus it will be a big collectors item with the euro as its face value with the currency itself soon to no longer exist.

These threads are an embarrassment to stackers.

>>56475684
Quite frankly, my Dear, I don't give a damn.

>>56475684
>noooo not my dignified rock stacking hobby on an anime website

>>56475876
I swear you have the greatest pube collection on the board.

Any good Canadian bullion dealers? Been only buying silver from First Majestic but want to buy another mint

I listened to a podcast yesterday and they specifically said /biz/

There's no way there's really only like seven people that stack this shit

>>56476172
>Imagine telling people about your stack
That's why anon

>>56476172
if they're making millions of coins it's because they're selling millions of coins. It's probably a few more than 7 people buying

/biz/ is a fun place to talk about stacking, but they sure didn't invent it, and there's literally millions of stackers out there that have never heard of this place.

Bought t-shirt over the weekend. Picrel

Always do the opposite of what the normie sheep are doing. What are the normie sheep doing? They're enmasse buying up Bitcoin, a digital "asset" where it's entire value is pegged to the Dollar, the very thing they are trying to escape. What are the normies NOT doing? Buying up the traditional hedges against inflation, Gold and SIlver, OG Money.

The Dollar is pegged to Gold and Silver, the Dollar is a substitute for PMs

Bitcoin is pegged to the Dollar, not Gold or Silver, it is a Dollar substitute

When the Dollar dies, what will Bitcoin be worth? What can a Bitcoin buy? The answer is nothing.

>The 2024 release marks the first in the program’s history with a monarch other than Elizabeth II as her son, King Charles III, ascends to the obverse of Canadian coinage.

maple bros...

>>56476876
Slurp all the maples while you can, I'm not buying Chuck coins

>>56476846
You don't know what "pegged" means, do ya pegboy?

>>56477016
"pegged to" referring to "regresses to"

I think precious metal verifiers are going to be a necessary in the future to ensure you are protecting yourself in the future parallel economy. If you haven't familiarized yourselves already, you need to anons.

>>56477119
Metal verification will be a nice little cottage industry. Have sigma, will travel. One Mercury dime per ounce of gold or ten ounces of silver. Metallic content only, no numismatic bullshit.

However, I think that once the Isaac Newton treatment becomes standard, the fakes will get scarce quick.

>>56477016
your mom pegged me, faggot

>>56477062
It means crypto nerds are gonna get pegged.

Holy shit am I glad I slurped biggly on that last dip. We’re ripping frens !

>>56477250
indeed

>>56476846
>What are the normie sheep doing? They're enmasse buying up Bitcoin
most people aren't investing in anything
investing makes you a bit of a weirdo
investing in bitcoin makes you even more of a weirdo
investing in silver or gold puts you in the seventh level of weirdos
the only people higher on the weirdo scale are investing in star wars action figures, vintage vinyl records, mint condition children's card games, norman rockwell collector's plates, and rare hummels. Maybe a few kinkaid print collectors. The gayest of the gay.

I get the feeling you guys being so high on the weirdo scale have no real idea what normal people do or don't do.

>>56477393
>I get the feeling you guys being so high on the weirdo scale have no real idea what normal people do or don't do.

Not the insult you think it is

Where we're going it's the normies who are going to suffer the most

>>56467576
I just got paid today,but i hate spending my money should i view my silver purchase as just my paycheck but in phyiscal form?

>>56477414
>Not the insult you think it is
it wasn't intended as an insult. I'm saying if your thesis is to do the opposite of what normies do, you should probably first figure out what exactly they're doing.
>Where we're going it's the normies who are going to suffer the most
extremely unlikely. But everyone suffers, your own suffering in life is sad, but not a reason why other people will inevitably suffer in turn.

>>56477428
he's still right tho? if normies aren't investing and consooming and he's buying silver then he's still doing the opposite...

>>56477393
> most people aren't investing in anything
> investing makes you a bit of a weirdo
This is flat out wrong. Most people with cash to spare have some kind of investment, even if it's just a savings account or money market account at their bank. It's not like you have to open an account at Fidelity or Vanguard to do investments.
In addition, many people have some 401k or equivalent retirement account sponsored by their employer.
And f rom my experience, if you have any decent size bank account, one of the bankers will contact you and try to nudge you into some kind of investment. This works on normies because they trust their banker and financial advisor. I don't (for obvious reasons), so I buy physical silver and gold.

>>56477211
>Metal verification will be a nice little cottage industry. Have sigma, will travel.

I've already seen this advertised in a local Faceberg yard sale/flea market group and on Craigslist, it's a pretty slick idea I'm coming around to as it would open doors to good deals if not whole collections one wouldn't otherwise have access to.

>>56477425
That's a good way to look at it. You are extracting wealth from a dishonest, transitory system of legalized theft and transforming it into an almost indestructible form of wealth as old as civilization. Ignore the spot price. Play the long game.

Leaf anon here, just completed my coin hunting yesrly goal to make a full roll of silver dimes. Going to start doubling on quarter boxes now

>>56477425
Visualize it as throwing your paycheck in the garbage which is what you did. Kektop you are working for free premiumboy

These fakes hold their value just as much as your junkmetal shitcoins you hoard.....both worth zero......unless you are as gullible as CUX and ruin the fake chinese made coins and turn them into an ashtray......suitable for burning your real paper $$$$$###.......kektop!

>>56478266
>Metals considered the best store of wealth for millenia, rather than an investment
>Suddenly shills shilling the opposite
We're over target, there is no reasonable explanation for the shilling other than being over target

>>56477677
Lmao at a retard who buys memecoins at a 300% premium who has to pay another $100 to see if his shitcoins are real......lmao he could have just used $$$$$ and not lost all his $$$$ on a scam

>>56478438

>>56475390
thanks anon. I'll do it for the next thread. too lazy to do it now.

>>56477708
Silver halfs based halfs

>>56475420
nice! did you just get those?

After months of such dogged persistence I can't imagine anything but hopeless poverty being the motivation for IQDELET's sour grapes seethefaggotry.

I hear that he's an Untouchable Dalit who's known nothing but a lifetime of collecting feces from his designated neighborhood shitting street. He copes with the fact that subhuman wretches like himself will never afford the gold and silver owned and worn by the actual humans whose bowel movements give him sustenance by screeching about premiums and authenticity. It's almost an unbelievable way to spend one's free time after a long shift of collecting curried excrement, yet here he is coping and seething day after day month after month.

There's only one legitimate dumb thread on /biz/ and that's /pmg/. The pump has already happened with the only people left around those who brought the bag after the dump and those that want to crush the COMEX to teach the FED a lesson. While this isnt a bit delusional JPMORGAN fights back with a paid army of scamBots to raise the price and premium levels so that the COMEX vaults won't get emptied until they are ready for the collapse of the $$$$, what makes /pmg/ really dumb is that none of them are bothered about making profitable trades by spreading out into paper metals. Even when they are told this you will get anons telling you to shut up, or that you're spreading FUD. They're honestly dumber than the GME suckers because at least for them they've been fooled by the hype of the coin merchants.

>>56468181
boomers don't care about medicare? lol nice larp

Posting gold

>>56478902
Nice. I might go get 12 of them tomorrow.

I went to the LCS today and traded in two 5 ozt bars for $12.80 fv in dimes. I just don't really care for bars anymore. I didn't specify on Mercs or Rosies so I wound up with both. Since they were willing to trade straight up, I decided they better get some fiat trash out of me. So I got this pretty lady.

Shills are out in force today trying to make you, thru FUD, greed and other grabbler tricks, to give them your real paper $$$$ for worthless garbage rocks.....we are over the target....

>>56479035
Posting a bit of Gold and a bit of Silver...........with a bit of Gold on it.

what was the other coin mintanon was referring to for next year. flippy something or other

>>56477620
>Most people with cash to spare have some kind of investment
Most people with cash to spare IS NOT THE SAME AS MOST PEOPLE
in fact most people DO NOT HAVE CASH TO SPARE.
learn to read good
>This is flat out wrong.
please.

>>56479035

>>56477620
also technically none of you is investing in gold or silver. The government treats it as collecting, not investing. If you were investing, you'd be doing what IQDELET suggests and buying paper silver, preferably on a tax-deferred basis as part of a retirement account.

>>56469265
That’s cool af what did you pay if I may ask

>>56479389
Possibly as much as this:
https://www.jmbullion.com/2023-3-oz-black-proof-cook-islands-silver-cyber-queen-coin/
I would love to photograph that, but I've shelled out $250 retail for a coin that I later saw go for half that on ebay. I'm not sticking my neck out that far again.

>>56479468
is the skeleton a hologram?

>>56479513
Alas, no. That would have been way cooler.

>>56478902
I lost three 40% halves that I scammed an old lady out of at a flea market and finally found them again yesterday.
She wanted $5 for them and thought they were clad so I offered $3.50 for them and she reluctantly accepted.
But she sells 90% halves for $25 so who's the real scammer?

>This is getting out of hand. Now there are two of them.

Read an article about the hunt squeeze today.
They only held like 42 Million ounces.
How much would be needed today to squeeze the price?

>>56479832
>who's the real scammer?
She's only scamming if the buyer doesn't know what they're getting. If someone knows what they're buying but is willing to pay too much, it's on them.

>>56480031
Almost a stereoscopic pair. Just a wee bit out of alignment.

>>56480084
most of their holdings were paper derivatives

futures.

silver that didn't exist yet.

same as JP Morgan and so many others.

Never a clue where to start with gold and silver, as the premiums make me sweat. Even though its value is always going up. Any clues for a new starter gentlemen?

>>56479140
Beautiful Morgan. Wish I had a LCS nearby to shop at.
>>56479832
Nice halfs

>>56475366
23$, one of the lowest premiums you can find however you may be condemned to selling online as I don’t know if the local coin shop cares much for commemoratives.

>>56480289
https://findbullionprices.com/buy-silver-at-spot-deals.php

>>56480347
>I don’t know if the local coin shop cares much for commemoratives.
kek

commems are one of our favorite categories. LCS owners are usually esoteric collectors. We tend to love weird stuff like commems and tokens and scrip and such. Stuff you guys might not think of as coin collecting. Pure numismatics.

>>56480363
Really happy to hear that! I went on a numismatic 90% junk binge and ended up with an ammo crate full of CoAs, boxes, and their respective coins. Considering the premium, commemoratives are some of my favorites and scratch the itch with twice weekly buys while I horde fiat for the last renovations on my house.

>>56480356
Thank you fren

>>56479381
Read a book, dummy.

>>56480451
based book enthusiests

>>56476846
almost none of your post is true

>When the Dollar dies, what will Bitcoin be worth? What can a Bitcoin buy? The answer is nothing.
the answer is what someone else is willing to pay for it, like any other commodity you idiot

Dividend investing general /dig/.
>>56457577
>>56457577
Also philharmonics look really gay

>>56480536
>the answer is what someone else is willing to pay for it

so nothing

>>56480549
until the stock buy backs are made illegal again, dividends are just the vastly inferior relative

>>56480573
Buybacks are abused by management. They buyback even when the stock price is high just so they can meet EPS targets that reward them with stock compensation. This diluted shareholders

>>56480572
that's just stupid anon, even a rock has value to someone, saying "nothing" just reveals you as a retard

>>56479381
>The government treats it as collecting, not investing.
depends where you live
in NY for example have to buy $1000 at least per transaction otherwise you need to pay sales tax
UNLESS the coin is priced far enough above spot to make it considered a collector's peice in which case you need to pay tax regardless
>preferably on a tax-deferred basis as part of a retirement account
you can also buy physical metals as part of an ira if you want (idk why you would unless you're <5 years or so from retirement)

>>56480594
that's great but I don't give a fuck as long as I make more money and pay less taxes

>>56480609
>depends where you live
nah I mean the feds
the IRS.

as far as they're concerned, you guys are coin collectors, not investors. Like somebody buying funko pops or yugioh cards is a collector, not an investor.

in real life the two can overlap, but not as far as the government is concerned. For tax purposes, nobody here is an investor.

Wtf did the boomer do to this coin and how to remove it?

>>56480633
that's just as far as the government is concerned but just because something is de jure doesn't mean it is de facto

>>56480659
yep

but as IQDELET loves to point out, most of you aren't really trying to make fiat money. A stacker is more like a gun nut than an investor. Investors try to make money in any situation. You guys are planning on only one very unlikely situation.

>>56480643
the scratches are permanent but assuming the blackness is sulfur tarnish you can remove it like this
https://www.youtube.com/watch?v=57iwtmT4LNQ

>>56480683
Anytime I intentionally tarnish coins it doesn’t turn out this bad. This is like a zinc dime that’s spend 20 years up an asscrack and in a wet cup holder.

>>56480675
> unlikely situation
KettlePot, this dummy^2 didn't read The Great Taking.

>>56480727
investors plan for the situation you're planning for, and a few hundred other possible outcomes.

so they always beat you in the long run unless your situation for some reason comes first. Even then the average investor probably has more gold and silver than most of you guys.

It was just sulfur tarnish. Looking good

>>56467576
Silver of about to hit 18 billion oz mined!

>>56480737
Doubt. Bankers and financial advisors discourage metals in favor of "financial instruments" that keep the system propped-up and returns them a steady source of income via fees.

>>56479241
Flippy Bogs, with one side having a PUMP IT theme and the reverse having a DUMP IT one, so you can flip a coin to have the Bogs make sudden choices for you. It should have been the original idea but I pushed my design through with less consideration from anons

>>56480549
Weiners are hated by many for being the worst of both worlds; weird designs and no reeds but the added premium (barely) of being coins.

I still stack them sometimes but I don’t know if any anon who is a milky weiner maximalist.

>>56480790
Right again, but still not thinking

a millionaire with 6% of their wealth in metals still has more metal than a poor person with 100% in.

and the millionaire is going to keep making money off the other investments while the poor sucker has to sit and wait hoping the metals pay off one day.

>>56480793
I buy the wieners when I can get them at a good price. I have 1100 of them so far. There's also a norwegian anon with 5 or more monster boxes of them. These coins have very good resale value in euroland, and they're always in demand.

>>56480788
Checked, based Brave user and debt clock watcher fren. Keep on stacking buddy!

>>56467576
You know, if that were a real round I'd probably buy one or ten. Thanks for the reminder to buy silver today. Went to the LCS and bought a 5oz bar and a couple of gold eagles from 1986! The roman numerals are pretty cool.

>>56480831
> 6% of their wealth
They don't even have that most of the time. Like I said their advisors strongly recommend against it. And especially they don't want clients with big money moving out of the system. They even put lots of hurdles in place, like they did with that billionaire lady who was buying ASEs by the ton.

>>56480881
I see you are not rich

most here are not.

>>56480857
Thanks bro! I hope your stack will always be shiny!

>>56480854
I bow to your weiners, anon. I think I remember that monster box post; not my personal favorite but I respect it nonetheless.

>>56480737
>Even then the average investor probably has more gold and silver than most of you guys.
the average investor has 0 ounces of either and thinks paper gold/silver is best lol

>>56480881
yup, the "top" financial advisors never advise to get physical metal

>>56481001
>>56480900
the average investor isn't posting the contents of his safe on 4chan to impress the poors

>>56481019
>the "top" financial advisors never advise to get physical metal
>advise
you don't get rich and stay rich following other people's advice all the time.

in fact the average rich person doesn't have a financial advisor, because they make more money on their own than the advisor does.

>>56481031
first rule of getting rich

don't take financial advice from anyone poorer than you.

keep on stacking frens
WAGMI

>>56481060
That's why nobody listens to you.

>>56480857
Keep on slurping silver shitcoins and stacking losses scammy so me and my fellow coin merchants can afford industry conventions in Vegas and Honolulu

>>56481097
>That's why nobody listens to you.
nor should they

unless you know for a fact I'm wealthier than you, do your own thing. Even if I am wealthier than you, that just means you should listen, not obey.

everything is going to be alright

silver dollar best dollar

>>56481137
true

Gonna bake.

Inflation 20% silver down 5% this year, kektop that's the opposite of what these scam victims think

>>56475876
At least 2 kopeks are strictly 2 grams. You can measure some weight with it or something.

>>56481175
140% premiums !!!

>>56480792
Yeah fuck you. It should have been the original design like many of us said. Now the meme is well beyond dead and mintanon is being a greedy bastard, asking for $85 on an ounce. What will he be milikng retards for by the time this dead horse drops, $100? Kek, no thanks, suckers.

NEW THREAD

>>56481220
>>56481220
>>56481220
>>56481220
>>56481220

>>56481217
Imagine how much time people would have to be angry at mintanon if you weren't always a quarter of the thread

>>56477211
In most cases PingCoin is enough, and it's fucking free and open source. There's some jewish analog which works only on Android 10 and you cannot even purchase the full version (subscription only).

>>56468811
kek I just realized it said 2025. I think the secondary market on this one will be good because Im gonna get like 3 maybe.

so gold's still a base for good swing tactic, right?