/biz/ - Business & Finance

I hold physical silver

Gold bros... why are we pumping?

>>56854637

>>56854644
*screeches incoherently*

When can I escape into the woods via my stack?

I'm from the UK and new to this but I can't resist the pull any longer, what's the best way to get started?

>>56854660
Wtf

reminder that Gold market is just about half percent of the total markets, and that Gold price has been manipulated down by bankers

Gold real price should be at least $20,000 when you take into account how much central banks have printed money

>>56854690
just before 2030

>>56854717
Worst time to buy gold considering we've reached new highs. It's best to wait until the markets are in the mid £1,500 an ounce of gold before buying. You might be waiting until next year for that to happen.

>>56854637
Reminder that you just lost money if you have any pms kektop

3 oz of gold for 1 oz of Silver

You will live to see this

Thank a Jew, because they caused this

>>56854755

Gold bull market have just started, and probably last many years

I love jm bullion

>>56854769
We don't know that yet. Usually when there's a massive spike there's a period where it drops like it did last month. Look at the market history and study the trend.

>>56854756
Kektop is back! Picking up any more Vietnamese whitefish?
>>56854771
Fuck JM.

>>56854755
How about silver?

>>56854791

you are wrong, we are now new territory

this has never happened about last 15 years, they cant manipulate Gold price forever

>>56854804
The getting is still good on SIlver, for now. Window might be closing soon though judging by what's happening to Gold right now.

I've only been stacking for a year. Plz let me finish my first golden swastika at least

Bros what the fuck is going on? I now have over 63k in gold.

>>56854810
>they cant manipulate Gold price forever
Sure they can't

>>56854804

Silver should be also reach to new ATH which is about $50

Silver market are much smaller than Gold market, so they can manipulate Silver price more, but Silver should be go new ATH price soon, i.e. doube its price

>>56854748
This sounds impossible. The only thing preventing this is that the bond market keeps paying interest. It is twice the size of the U.S. GDP and is de-facto nothing but hot air. Once people realize the pools of capital such as banks, insurance funds are all bankrupt and real capital has been replaced with debt (via liquidity) then the price will run.
That's the counter-down timer we're all waiting for.

>>56854823
Would Silver Britannia be a good way to get started?

>>56854840
Exponential functions go asymptotic. Everyone plays along with the dollar system because the pain to cause the crash is going to be nasty. Better to make plans and negotiations to keep the world moving than to let things collapse.

>>56854915

I started with coins like that and then went to 10 and 100 ozt Bars once I had a few tubes.
For me it was American silver eagles, but to be fair, I bought them when silver was $14/ozt and I paid $17/ozt.
Britannias are a little more affordable from what I know.

the window has closed on copper and is closing on aluminum as we speak

>>56854717
>>56854755
Buy now and buy often and never try to time the market. This isn’t a shitcoin, anon, we may see little growth for years before any actual growth beyond the stable gains of gold.

>>56854968
COPPERCHADS, OUR TIME IS COMING AND SO AM I.

>>56854915

you are generally better buying gold than silver if you're in the UK as there is VAT on silver but not on gold

>>56854644
>>56854668

>>56854968

NOBODY GIVES A SHIT ABOUT BIGFOOT.

>>56854915
Here, this guide is for newbies such as yourself.

>>56855055
BOB SAGET!!

>>56854976
>Buy now and buy often and never try to time the market.
But I've always have and landed every one of them.

>instead of throwing money changers out, have them change your money (and pay their premiums)
nice.

What a glorious day to post with all of you.

>>56854771
try sd bullion

>>56855099
How big is demon lady, anon? I like the pirate theme some of those rounds give to your chest.

>>56855099
I like your taste.

>>56854840
well their tool for manipulation is fiat currency which has a 100% failure rate

>>56855178
The real question is, how many decades will it take for it to fail?

>>56855227
bro it's failing right now

>>56855330
It's ongoing yes, but it's a slow decline.

>>56855127
2 oz demon lady. It's from a series

https://www.apmex.com/product/170334/2016-2-oz-silver-round-temptation-of-the-succubus-bu

a reminder that it is human psychology that when they see the price of gold going up, they want buy gold because the price goes up

this thing applies to almost everything, but gold is the real deal

now it's still early to buy gold, before the real FOMO hype starts

/pmg/bros. How do i get over the mental fear of overexposure, potential downside, and the "gold is a non-productive asset" logic?

>inb4 scrubs say I'm not stacking. I work in a PM related biz and have like $500k exposure already.

the price is now under control

>>56855492

wait until markets open Europe and US

>>56855476
>"gold is a non-productive asset" logic?
It's an asset needed for production. Unless the apocalyptic happens and were back in the stone age with no means of electronic production, gold will always be needed in computers. So will silver. The internet needs computers, computers need PMs. Crypto needs the internet and computers... PMs are the ultimate asset because there's guaranteed demand (again, unless of some massive solar flare happens), you can physically own and store it; and there's a limited supply.

>>56855476
I'd be more worried if I left my money rotting in a bank account losing its value every second. I feel good knowing I can hold so much value in the palm of my hands. Not fiat, not a bunch of electronic 1s and 0s, but a physical, tangible asset.
Stack up on lead too tho

>>56855476
You have an asset with thousands of years of economic history behind it. Scrutinize any investment hard enough and nothing is truly safe. Stock markets and real estate can all be corrupted or volatile. My faith in silver and gold comes from how solid they are and that they’ve been manipulated in the other direction compared to the commodities that will evaporate under a real depression.

>>56854637
>Gold Pump Edition
topkek

>>56855007
I LOVE SCRAPPING RAAAHHHHHHH

>>56855492
Doesn't matter, the stupid shit we saw happen in the first hour of trading has exposed this fraud market for what it is for the world to see, traders and big money people would have seen this and said to themselves we need to get out of the markets and get the real stuff.

They may have regained control for now but not much longer.

Sunflowers by Van Gogh on 65 grams of sterling. I’ll look back on these moments and laugh when I’m showing my stack to the grandkids but right now holy shit I’m spending too much money.

worth to watch, this man is genuine

Egon Von Greyerz: Gold Hits All Time High - Watch And Find Out Why

https://www.youtube.com/watch?v=XZBkqr2MxmI

Limited edition copper wire, gonna go up 100x on the numismatic factor alone

congrats to goldbros, you almost kept up with USD inflation for the last 12 months.
im just playing guys congrats on breaking ATH and completing that massive cup and handle that lasted like 12 years. if ever there was a time to be holding yellow boomer rocks it seems the time is now

>>56855604
lol. looks like civilization isnt collapsing today, cucks. sub-2k after christmas

>>56854968

>>56855809
>I bought your Colgate toothpaste, the one with tartar control. AND IT MADE ME FEEL, LIKE A PIECE OF SHIT!!

>>56855476
The entire history of gold and silver on top of all the fiat systems that lose all their purchasing power. You can get a gold coin and give it to your children and it will still maintain its purchasing power when you brought it. Precious metals are real money, not arcade tokens like central bank paper notes.

Read this from the FT:

https://archive.is/3ZxxC

It's hilarious how the author tries her best to constantly dismiss the claims about fiat currency having a shelf life of 27 years, yet never goes into detail why hyperinflation has happened or the smoke and mirrors of a debt jubilee with a currency switch. The art of propaganda is to highlight the faults and obscure the proof.

>>56855685
>this man is genuine
They should know already, Ive been posting his stuff on here for years.

>>56854717
since you're in the uk it's a no-brainer

Buy CGT-free gold As they are British coins denominated in pounds Sterling, one ounce Britannia coins and gold sovereign coins are CGT exempt. They are classed as legal currency and so CGT is not chargeable. Any coins produced by the Royal Mint are classed this way.

>>56854889
If your timer has space for 365 days then yes, start counting.

>>56855809
happy gold run!

Right now I’m finding merc dimes at 21x FV. Hate to pay more than 20x but given where we’re headed, that almost feels comfy

crypto nerds will seethe

>precious metals up
i boughted
>precious metals down
i boughted

simple as

Found a 63 dime in the till at work today.
This is a good omen for all stackers.

>>56856491
Based goblin poster.

If silver goes to $50 what happens on the numi side? Would those go up $25 or not have much effect?

>>56856649
Numismatics tend to go up a lot higher than metals. I'm talking real numismatics, like old US coins or ancient coins, stuff like that with a broad collector base.

modern coins, bullion coins, and coins made just for collectors, as well as collectable rounds may or may not go up faster than metals. But if they're PM's, they're going to go at least as high as metals do.

>>56855067
>sovs
love sovs and krugs
>ausfren fail
but we get taxed 10% on metals below a certain purity so 1/4 brits it is. Thankfully brits are also very visually appealing coins

>>56856491
>>56856610
uhhhh sirs...?

>>56854690
You can probably buy an old fire watch tower pretty cheap already. They seldom have any paved or plowed roads leading to them though.

>>56855513
PMs markets are operating on the London time zone, cretinus. It opens at 00:01 GMT.

>>56856491
>This is a good omen for all stackers.

Yes... a good omen indeed anon

>>56856861
I cannot unsee the fact that the wizard has no lower torso.

>>56854915
Brits are my favorite coin by far so I say: YES! Wait til tomorrow morning when the jpm traders start tamping if you want to save a few shekels.

>>56856649
maybe more interest and therefore more liquidity, but really a different market from bullion imo

>>56855630
Really interesting to see the dark-green candle happened 40mn BEFORE opening. I don't remember witnessing this ever, and i look at this chart every weekend for the past 5 years.
I've already seen the price move by a cent or two at best during closes. $100+ is completely unheard of. Then huge tamp effort to shut it down? lol

Something big took place tonight, sadly we probably will never have an explanation for this event, or 15 years from now during yet another trial for PMs manipulation.
Was it an attempt at trying tonlight up the fireworks by rogue participants? A big settlement to close a position? A message sent? These things do not happen b merely by chance, not on a 10 trillions usd, tightly controlled market.

>>56854717
Buy a silver panda. Show to your gf. Enjoy

>>56856929
Some sussy shit goin down frfr

Did jannies really clean that up? For what purpose?

>>56856988
He saw too much

dollar black Monday tomorrow

>>56856998
kek ID

Bros I remember a year or 2 ago some anon was shilling cheap chinese bracelets with a small piece of gold attached to it with some decorations on the gold and they were being sold on Amazon...
Anyone remember or know what company that was?
Or if anyone knows where I can get cheap gold jewelry that's not much more expensive than the weight of the gold that would be good too.
pic related is similar to what I remember the anon posting

>>56856976
>>56856988
>>56856998
What was it?

>>56857042
>Or if anyone knows where I can get cheap gold jewelry that's not much more expensive than the weight of the gold that would be good too.
Seems risky desu

>>56857042
Probably chow tai fook

>>56857042
Menē is another famous jeweler selling at or near spot on a lot of stuff.

they list their stuff by premium over spot.

>>56857042
Its surely real gold.

>>56857089
they're real, but there's a lot of counterfeits of those beads out there.

>>56857058
>Seems risky desu
That's what i thought at first too and that's why i didn't do it a few years ago but its possibly legit since its small amounts of gold
>Probably chow tai fook
the chow part sounds familiar but im wondering if it was chow sang sang
Either way... is amazon chow tai fook stuff legit?
>Menē is another famous jeweler selling at or near spot on a lot of stuff.
sounds familiar too

>>56857093
bees?

>>56857044
>>/biz/thread/56854637#p56856929

>>56857099
>is amazon chow tai fook stuff legit?
I wouldn't bet on it.
If you want that kind of thing you'd probably do best buying direct.

>Gold hitting ATH
>silver spot above $25
I wasn't done stacking yet, I should've slurped more during the last dip. I still need to get an apartheid Krug and some mercs.

It's going to get wild pretty soon

>>56857107

>>56857111
>I wouldn't bet on it.
Thanks... hard to feel right ordering gold of amazon lmao...

When are the Crusaders dropping?

>>56857136
yep, the main problem is the bracelets, beads, boxes, and COA are all available for a couple bucks each on ali express. They're pretty common scams on ebay and I assume amazon as well.

>>56857044
>>56857107
>>56857126
I've screen capped it.

Welp, it's time to try to go to sleep for a few hours.
I hope the price either moons to another high over night or plummets so I can accumulate more.

>>56857214
Also worth noting that the courts back this market manipulation. The gangsters officially run the show. The markets are rigged by design.

>>56857214
As many who have followed my will remember, I spoke of this kind of specific whip saw action precisely because it is indicative of manipulation. They continuously use odd timed sells of paper to crash prices and recoup on physical shortcomings.


At this point whip sawwww is going to turn into an explosion as people catch on.

>>56856649
depends on what the world looks like when silver goes to $50. If the world is on fire then numismatic prices are going to be selling at a deep discount. Nobody gives a fuck around art and collectible shit when they need to buy food and heat their home

>>56857277
nobody is catching on. normies hate gold. they are going to hate gold until the moment it's revalued and suddenly the banks say gold is worth 40x it's current value. normies are told what to do and what is valuable. nobody is catching on besides the schizos

>>56857314
depends on the item. Stuff that millions of people have is going to drop like crazy. The Mona Lisa is just going up in value. But most here don't have the money to buy the really rare stuff already, so I suppose it doesn't make a difference. Maybe trading cards. I'd guess some anons here have some crazy trading cards that might go up if the world ends.

hyperinflation is here
imagine owning 0 troy ounces of gold right now

>>56857344
Good point, the rare and legitimately collectible items will likely do well but the 2023 reverse proof morgan and peace dollar will likely be slightly above spot in a world on fire situation

>>56857363
a 10% increase in gold would just be catching up to a couple months of inflation from this year. Not trying to shit on any parades, gold and silver should be much higher after what the dollar has done since 2019. It could be hyperinflation, or just catching up to inflation that already happened.

>>56857376
>the 2023 reverse proof morgan and peace dollar will likely be slightly above spot in a world on fire situation
yep. Not as bad as hummel figurines or bradford exchange collectible plates, but still pretty close to spot. Badass token you got there. I love it.

>>56857447
not my picture, I just stole it from a thread many months ago.

Silver needs to go beast mode to $75. Actually $150 to $200 would be better as things pick up and the GSR drops back to 1:16 normalcy.

>>56857381
>It could be hyperinflation
We're already at the very, very early stages of that.

>>56857626
Still really cool.
I'd guess in SHTF world tokens like that would go to zero. They're rare, but not widely recognized. Stuff like the 1804 dollars would likely go up in value a lot because they're both rare and widely recognized. Or honus wagner baseball cards. The very best of the best collectibles would probably just go up faster.

I'm going to miss finding old sterling objects at estate sales and thrift stores and flea markets when silver inevitably takes off. There's already plenty of people "overpricing" the stuff, but I can still consistently find odds and ends at half of spot or less. It's genuinely more fun than acquiring coins, bars, or bullion at market rates.

>>56857685
the gov admitted to almost 7% in 2021 and 22. I think they're claiming about 4% this year.

still very high, but not hyper yet. Gold and silver have some catching up to do, even though both are already much higher than 2019 prices.

As a person about to lose their job this week because my contract is ending sitting on 3oz of gold and 250oz of silver, am I going to make it?

>>56857722
That's about what, 3 months pay for the average american? Not bad but you could run through it pretty quick if you don't find work.

>>56857718
It sits at "low" percentage point inflation, 5-10%, until things start to break and debt hits monstrous levels, then it goes parabolic. Early signs are already there.

>>56857641
it will be epic

>>56857754
debt has been out of control for years, so you might be right. That would be amazing.

>>56857706
there was an anon who did this on pol SETF threads expect he did it with really old European silver ware. It was a really cool niche.

>>56857722
yes but find another job and keep stacking

Just bought this cheapie digital microscope camera, hopefully it will make taking photos of coins a lot more efficient. I expect it will make the job of cleaning and restoring grubby ancient coins a lot easier too, looking at the screen should be better on the neck and eyes than using an old-fashioned binocular microscope.

>>56858078
can't wait to see what you do with it!

I was curious and asked in the last thread but didn't see you again... Do you know what the center holes or divots were for in some of your large ancients? I was wondering if they were lathe marks on a die or planchet or if they had some other use?

>>56858078
neat

>>56858116
>I was wondering if they were lathe marks on a die or planchet or if they had some other use?

Those divots are ubiquitois on the larger Ptolemaic bronzes from Egypt but their exact purpose isn't known with absolute certainty. The planchets were cast and then had to be smoothed/flattened before striking, many coins show concentric rotary lines in weakly struck areas, so the divots could be from being clamped in a lathe-like device. The divots often don't line up though, and since bigboi coins were often struck several times to get a full impression I think the marks could have been left by a sort of pin in the dies that would have helped prevent movement of the planchet and unsightly doubling. Not the greatest enigma of the ancient world but it is fun to think about the various unanswered questions ancient coins bring forth.

>>56858288
Thanks! Yeah, that's the one that started me wondering.
It looks like a hex key or allen wrench socket or something. Something to clamp the coin and keep it from spinning in relation to something else...
fascinating!

>>56854763
Why would silver go up so much in price?

>>56858344
how new

>>56858344
>Why would silver go up so much in price?
you're looking at the reason

silver is used in every single phone and computer screen in the world, and that's a shitload of screens. Usually not recycled, very expensive to recycle. Gold has always been valuable as a monetary standard, but silver actually has the potential to get used up.

>>56858310
>It looks like a hex key or allen wrench socket or something. Something to clamp the coin and keep it from spinning in relation to something else...

I think some collectors have spent a lot of time specifically studying those holes and the different apparent parts or sections of the pin or peg or whatever that made them but I dunno offhand what those most studied of divot-autists have concluded lol. I personally think they were a removable part of the dies but will probably never know 100%, those fuzzy edges of our modern understanding helps make ancients sexy and mysterious.

>>56858344
I believe some anons think industrial demand for silver will exhaust the existing supply someday and eventually exceed gold because its used in so much electronics.

>>56858374
>I personally think they were a removable part of the dies
that makes sense. Anchor the coin to the die when you need to, pull the pin when it's not needed.

I'm autistic like that, I just want to know how things were made. Modern tokens usually have a bump in the center but in that case I believe it's a tiny divot from the lathe spindle on the face of the die. Before the die was stamped or carved, they'd polish the whole thing on a lathe which left a small dent in the center of the die face and then concentric rings on the face of the thing. Easy to spot on cheap tokens, but never present on official US coins.

>>56858378
There's also the problem that we mine the two metals at a ratio of something like 10:1 and then sell them at a price of ~80:1

the price does not reflect actual supply. Nor should it, since they have different uses. But silver at that price presumably will run out at some point.

>>56858466
>silver at that price presumably will run out at some point.
this is not to say we'll run out of silver

just that we'll run out of silver AT THAT PRICE.

we'll "find" more silver, it's just going to cost more. If prices reflected production right now, and gold was at $2k dollars, silver would be at $200 per ounce right now. There are a few good reasons it's not that high yet, but it's easy to imagine it going that high (inflation adjusted) in the next 50 years if we keep on as we are now.

>>56858344
>Why would silver go up so much in price?
Historical precedent, known market suppression and speculative global green energy market. While I'm not a silver cultist, I know from my own research that the value of silver exploding in the future isn't unfounded.

Historic Precedent:
Gold/Silver ratio 15 to 1. Now the Gold/Silver ratio is around 80 to 1.

Market Suppression:
Derivatives are used to suppress price to calm market spikes and for the scum that own these markets like LME to get metals at a cheap fiat price.

Speculative Global Green Energy:
Demand is outstripping supply. We need more of everything at an increasing rate, but prices don't budge because places like the Comex fill up the registered pile of silver from the eligible pile of silver whenever there's a annual silver mining deficit.

>>56858504
we're also probably post-peak copper, tin, zinc maybe. We pretty well know where most of the metals are located, and about how much we can mine at any price point. PM's aren't the only mined materials likely to moon. A lot of stuff is about to get more expensive just because we've mined most of the cheap and easy stuff.

>>56858078
I want to get a camera at some point to take aesthetic photos like this, but I don't know where to begin. Any ideas?

>>56858519
>I'm not a silver cultist, I know from my own research that the value of silver exploding in the future isn't unfounded.
same

I don't stack silver on purpose. I expect it will do a 10x pretty easily over the next few decades, I just don't consider a 10x over a few decades to be a big gain.

>>56858542
Camera has little to nothing to do with it. It's about background and lighting. An iPhone camera will work just fine.

>>56858547
>I expect it will do a 10x pretty easily over the next few decades
after inflation that will be more like a 100x or higher in nominal gains.

but taking 30 years to do a 100x is poor performance in a lot of other sectors. An excellent investment but a terrible business.

>>56855123
Try monumnt metals (PBUH)

>>56858588
If someone from the future came back 50 years in time and told me silver was at $2500/oz I wouldn't be surprised. And I still probably wouldn't buy the stuff except to give to my kids as a backup plan if they never get rich.

$2500 silver could easily happen. Might even be inevitable. But by that time $2500 will be a day's wage. Silver would have done a 10x and still not be incredibly valuable.

>>56858597
Try Hero/Bold, the non-jewish texans. Also silver and gold need to go fucking down one more time please, 1950 Au and 24 Ag come on.

>>56858632
In my own life I've seen silver do a more than 25x in nominal terms because of inflation. But in real terms the value hasn't changed much. If at all. And I'm not that old. The idea that some of you will see silver gain 25x in your own lifetime in nominal terms is almost guaranteed so long as we keep using silver at a steady rate.

the idea that some of you will see silver gain a real 10x in addition, meaning a nominal 250x in USD, is not an absurd idea at all. It's very likely to happen. Some of you may very well see $5k silver one day. It just won't matter much because at that point US dollars will be worth less than toilet paper. If things go on as they have the last 50 years, this is exactly what will happen.

>>56856384
Yeah with btc at 41.5k Im sure they are seething hard

>>56858723
I remember when a dollar bought almost an hour of a man's time, now it buys about 2 and a half minutes. This is a meaninglessly small amount of money. Silver and gold are not rising, the dollar is very slowly crashing. And it will keep right on crashing as long as things remain stable.

>>56857363
I have 35+oz and still feel like I have nothing lol, can't imagine having nothing at all.

>>56858642
> 1950 Au and 24 Ag come on.
I agree. Anything sub 2k for gold and sub $25 for silver are good for stacking. Right now I guess I’ll just need to be picky or buy art pieces instead of just going for weight.

>>56858770
>it will keep right on crashing as long as things remain stable
and as the last 2 years proved, the crash speeds up a lot if things become unstable. It's not a question of IF silver and gold will moon in USD, just a question of when. As an old dude, I've already seen them moon vs the dollar in ways we never could've predicted or imagined in the 70's

thanks for reading my blog. Exit fiat, buy durable assets.

Thoughts of buying bags of sterling objects from eBay if the silver content is below spot? Id worry that sone items aren’t actually sterling silver and I don’t have any testing methods for that right now

>>56857363
1.3 ounces here.
It ain’t much but for a poorfag like me it’s better than 0.

>>56858723
>Some of you may very well see $5k silver one day. It just won't matter much because at that point US dollars will be worth less than toilet paper. If things go on as they have the last 50 years, this is exactly what will happen.
and this is the BEST CASE scenario for the dollar.

the last 50 years have been some of the very best years the US has ever seen economically. If things go really really well in the US, silver should hit 5 grand or so in your own lifetimes.

if things go badly for americans, silver will go much higher.

>>56858818
If you don't have a way to test I wouldn't. You could end up sitting on a pile of trash with no chance of getting your money back.

>>56858344
the better question is:
why would it not?

>>56858976
true
$5k silver wouldn't be a doomsday scenario

>>56858762
wasn't it 69k before?

https://www.youtube.com/watch?v=xH1CBJp_F5o
Pretty new to all this. I can hear stuff like the above but I don't know it all. I'm sure the above means more to almost everyone else here who can connect it to other sources of knowledge.

A question: how much longer do I have to "stack"? I was thinking at least a year but is that overly optimistic?

I'm not expecting the worst, but I do see the point of having value outside of your local currency or currencies that rely on electronics.

>>56859109
Yep, that's just assuming we keep mining it at the same rate, using it at the same rate, and inflating the dollar at the same rate.

higher inflation, higher usage, or lower production would all increase the price. And all of those things are quite likely to happen.

>>56859215
You stack for as long as it takes to get to your goal, if you have a set goal. How much that goal should be is an entirely different question.

>>56859216
>inflating the dollar
for comparison, gold would be at about $50k per ounce, a good dinner for two would cost about $3k, rent would be close to $80k per month, hourly wages around $500/hour, and the average wage in the US a bit over $1 million per year.

silver would have gone up, but not by a lot. That's if things go well for the next 50 years measuring off the performance of gold and silver vs. the dollar over the last 50.

>>56859215
I will put this another way. Your question is like asking: How much should I spend on a car?
It depends on what you want to do with the car and how much your budget is.

>>56859316
>>56859339
I was wondering because I have some money to spare and was thinking of investing, but of course that would be meaningless if certain systems folded before those projects reached their goals.

>>56859336
>the average wage in the US a bit over $1 million per year.
this isn't hyperinflation, this is just normal inflation. This is the sort of thing boomers have already seen happen. Almost exactly what we have seen happen.

>>56859400
If we stopped using silver right now, it would hit $500 per ounce in 50 years off inflation alone. If we mined an exponentially increasing supply of silver to meet the growing demands of technology, it would be at $500 per ounce in 50 years off inflation alone.

those things aren't possible. Assuming our usage and production ratio remains exactly as it is right now, silver should easily hit $5k per ounce in 50 years. That also is probably impossible. Or at least extremely optimistic. What's more likely is our population will continue to grow, and poor people will continue to get richer and buy more silver products at the same time that we're running out of good silver deposits to mine. Meaning silver is likely to go much higher than $5k per ounce over the next 50 years. Assuming no replacements of silver technologies, and no nanobot mining of silver, that stuff is going to become worth as much as gold at some point. Maybe more.

but even that is less than a 100x in real gains over a period of 50 years, which is a great investment and a piss poor business.

>>56854644
Oy vey

>silver will be 5k an oz
>silver will outvalue gold
kek. ok. sure.

>>56859656
if silver is the same price as gold in 50 years it should be closer to $50k/oz just based on the last 50 years of inflation in USD:gold

It sounds stupid, but so does $2k gold to someone in 1964. Or $50k salaries to someone that made $2600 per year back then. Or $500k houses to someone that lived in a $12k house at the time.

this stuff has already happened. It just happened before you were born so you don't see it.

>>56855898
>years
that's reassuring

>>56859732
The current USD fiat system going for another 50 years is laughable. I give it 12-15 on the absolute outside.

>>56859820
agreed. That's why I say it's the best case scenario for the dollar. More likely the dollar won't exist or will be completely re-based several times before 2074

but either scenario just means silver becomes even more valuable.

>>56859820
I give it 2 more weeks.

>>56859839
They won't be able to rebase the dollar even once. Country is on a one way ride to blood in the streets baby.

>>56855085
>two more weeks!
cucks. just keep paying those silver premiums ;)

>>56859906
which just makes silver more valuable.

Everything I described is just what boomers have already seen happen. I've seen houses in my town do a 100x in just 40 years. The view that silver can't or won't do the same seems naive to me. The only reason boomers aren't all in on silver is because we're old enough to know you're probably not going to make it off a 100x that takes a lifetime to deliver. We've mostly found better hustles than that.

>>56854644
Tell me more.

>>56859932
>you're probably not going to make it off a 100x that takes a lifetime to deliver
I mean say you buy $10k worth of silver right now. 400 ounces. Toss it in a closet and it does a 100x real value over the next 50 years.

Congratulations, you now have a million dollars in today dollars. You're rich.

you're also 80 years old, and barely have enough to retire on. You got the very bare minimum. Like you're going to be eating a lot of bologna sandwiches and ramen. Mac and cheese, not a lot of eating at restaurants or traveling the world. And you'll be dead soon.

you guys find the idea of silver over $2500/oz in 50 years super exciting. Old people would just find it depressing. It's probably not enough. Aim higher. Stack more. Try other things.

>cuck larpers vs actual natsoc
you will continue to cry about jews yet do nothing but pay them for little lumps of soft metal

wtf is going on with gold

Any other jewelry chads here? I have over 60k in spot alone of jewlery. Individual pieces can obviously be sold for higher than spot.

>>56854976
tfw sold 4 ounces that i was holding for a year a week ago thinking this was temporary

fuggg

>>56860623
>sold

>>56860661
yeah I got complacent and thought i was sooooooo smart thinking i would be able to buy them back in a month and get like 50 bucks on each ounce, i even accidentally sold an eagle and wasted 60 dollars, won't happen again...

>>56860709
Yeah normalcy bias sucks. Keep on stacking fren.

>I give away fake fiat for precious metals

Why would I trade my precious metals back for more fake fiat

>>56860723
Cheers even though I don't understand lol

Goes both ways, don't it?

Does anyone manage to find good deals on eBay? I've been trawling it for a month now and it seems everything is vastly over-priced coin wise but if you're lucky you can get a 1oz for maybe £23-24 but not often.

Wondering if I should just focus on buying from Chards when they've got a deal on.

>>56860754
You thought things would be the same and you gambled. At least you learned from your lesson, there's never shame in learning.

>p-p-please jewsir, can i buy some silber from you? y-yes, of course ill happily pay your fees with my meager slave wages! its my pleasure! w-whats that? pay you for goods and taxes in fiat only? of course! i only play by your rules, jewsir!
cope all you want. your enemy owns you and you sit alone in dark corners and do nothing but play with rocks.

>>56860598
DON'T
ASK
QUESTIONS
TRUST
THE
SCIENCE

https://youtu.be/OlPlOAhrhFw

>>56860811
buy in bulk. these sellers are looking at 25% uphill battle against fees and shipping. Youre not going to nickel and dime a good deal on ebay or anywhere for that matter.

to the old man extending the runway for silver reevaluation out 50+ years, KEKTOP! in this thread. cope and seethe boomer, if we can make it through a short lived and possible deflationary crisis, on the other end is tripling+ of the purchase power of silver right now and im not dollar denominating that for the future. so dont wiggle.

>>56860885
this is some bad agitprop.

>>56860623
>>56860709
we all make mistakes fren
just learn from it and try not to repeat it
keep on stackin!

>buy shekels from jew
>buy everything from jew
>just like hitler
SETF! kek

It's afraid

>hey goy, wanna burn resources purchasing this meme?
sluuuuuuuuurp!

>banks are stacking gold at highest levels in decades
>JPM is the biggest holder of solver

>hur goy don't trade in worthless paper. Don't follow smart money tis a meme I say.

I see the silver tamping this morning like clockwork lol. $25 seems to be where they get spooked.

paul godfrey is ceo of national post which owns the financial post - Canadian Jew
not saying thats evidence, just noooticing.

Ivan Bayoukhi started wall street silver jew.

We have them on the run lads, Keep Buying.

>nazi chuds value jew silver over natsoc ideals
ya. im sure stacking insignificant amounts of silver and crying about jews here for less than 100 anons is the best use of time and resources in regard to the wellbeing of your race.
not saying silver is worthless, but you kids are morons.
no wonder you poor losers coping online for decades have accomplished nothing but let the irl griftors speak for you.

>>56861399
well it sure gets you all riled up. kek.

>>56861340
>silver(a byproduct of 999 fine gold) is going to end the fed, goy!
>buy! buy! buy!
i wonder how much you idiots waste buying meme shit from jew merchants.

>>56861450
>I wonder how much you…
Rent free

>>56860623
It's funny, I was in the opposite scenario a few months ago: I was too concerned about selling and missed a good opportunity to multiply the fiat and then buy even more PMs.

>your high premium purchase of byproduct subsidizes my low premium purchase of pure 24
sry, silver cucks

>>56861630
Huh?

>>56861630
and yet here you are disouraging the purchase of silver and promoting the purchase of gold to the people you hate!

No stack photo. No opinion.

Simple as

>>56861656
actual tard.
>>56861696
>people you hate
moron.
gold would have been better all along instead of overpriced byproducts and reddit memes. hitler himself could try to talk sense into you chuds but your minds are so rotted with psyops you'd call the man a fedboi and run back to your basement to hide.

https://monumentmetals.com/silver/mexican-silver-libertads/2023-mexico-silver-libertads/2023-reverse-proof-slib.html?page=1

why do these have to be so overpriced :| the gold proof 1 oz actually seems like the best gold libertad deal. that's tempting.

WHAT THE FUCK

>>56861796
you sound like you’ve lost it and you’re not making any sense. you okay?

>>56861964
Don't worry about it kitten, just normal chart things :^)

>>56861964
Market manipulators just unloaded a fuck ton of gold derivatives on the market. We've known about this trick for some time now.

>>56861964
It was getting too high and people were noticing, please understand they need to suppress PM value for reasons :^)

>>56861964
Looks like a shitcoin chart

told you niggers this was an easy short last night. dont underestimate these central bank fuckers

fucking 2020 covid level volatility.
What's the Hebrew word for "trick"?

bros i already quit my job wtf do i do now

>>56859215

Don't be a retard and go "all in" on anything. Add PMs to your financial preps, but don't ignore decent stocks, cash savings, education, skill training, food, water, house land, tools, etc. This market can stay retarded a lot longer than we think. I believe the arguments for fiat going tits up have merit, but they are the same arguments people were making decades ago, and ate still waiting.

>>56854637
oh yeah. i forgot. you cucks arent actual nazis doing anything at all to benefit your precious race, just cringe larpers daydreaming and sluuuuuurping up every overpriced meme some merchant advertises

>>56862148
based
>>56862414
Touch Gas

>>56861927
There's some real fuckery going on with libertads lately. I've posted about it before. One anon thinks it's just an end of year mint thing that's causing supply issues, but Mexico really, really doesn't seem like they want to sell silver at the retail level at all lately. Personally, I think the US DoD or someone cut a deal to siphon off a big chunk of the Mexican silver supply and doesn't want that info to be known.

Prices are still high, but glad I didn't panic buy.

>>56862528
look into what newmont is doing, its probably them. they have LGBT rainbow dumptrucks pulling silver out the ground. not kidding.

>>56862528
There's for sure some hidden channel secret deals happening and I'm sure the 3 letter agencies are involved at some level
The US bureau of mineing or whatever they were, used to catalogue and report on precious metals volumes and related info.
Then at some point that part got swept up by some unnamed agency and went completely dark.

>>56862414
>you cucks arent actual nazis doing anything at all to benefit your precious race
Glowing bright.

>>56854717
https://www.bullionbypost.co.uk/gold-price/

Party’s over looks like. Oh well.

>>56862630
More time to buy metals, ammo and the home addresses of Federal agents.

So i guess the fix came in this morning?

>>56862577
Thanks.
>>56862595
I read an article about that awhile ago. Something about the bureau of mines was replaced or absorbed and they stopped publishing annual stats...I'd say it was weird, but we're not the only country doing similar. China reports on the gold they buy from other mints, but no one knows how much they actually produce or just buy under the table. It seems like every bigger nation is trying their best to keep those numbers and deals out of the limelight while hoard as much PMs as possible (except Canada, which might not even be a "country" in any sovereign sense at this point). Sorry leafs.

where can i go for cope for this slam down?

>>56862630

Anyone prospecting here? I just recently found out that I can get trained and licensed to prospect for less than the cost of a1/2 oz of gold, so I'm taking the plunge. Gonna see if I can roll my own gold as a hobby, maybe make a bit of stacking cash.

>>56858411
>Modern tokens usually have a bump in the center but in that case I believe it's a tiny divot from the lathe spindle on the face of the die. Before the die was stamped or carved, they'd polish the whole thing on a lathe which left a small dent in the center of the die face and then concentric rings on the face of the thing. Easy to spot on cheap tokens, but never present on official US coins.

Interesting tidbit thanks man, I'll need to go dig out some of my tokens and look for this feature.

>>56862539
JPM metal traders have been working for 2 hours now... everyone knew this tamp would happen on Monday morning lol.

Goys are buying my overpriced RMs lebe hotcakes. I'm gonna make so mich money and buy so many RMs. Thanks, goys.

r8 da staCK

I guess IQDELET was able to collect enough driftwood and condoms to pay for another month of internet service but it seems kvetching about nazis is his new poorfag cope.

Haha, and, might I add...HAH.

>>56862224
>whore poster
>has an opinion
doesn't work that way

>>56862713
congrats, if you were that one anon way back that was stacking them, that was a good fucking call. i bought a few after looking into it. i can resell them for 3x now. not gonna though.

>>56862779
what about vietnam leads to condoms on the beach? you dont see that in florida and im not sure we could be less degenerate than vietnam here.

https://scobricsinsight.com/why-is-china-secretly-buying-russian-gold
As interesting as this article is I always wonder: how is someone sniffing this information out? I know governments aren't perfect at keeping secrets but it makes me think.

>>56862710
this

>>56862707
Been considering it. Anyway, you might enjoy these videos:
https://www.youtube.com/watch?v=vFkg3FsBslM
https://www.youtube.com/watch?v=ajXTtbracFY

>>56862961
I dunno if I am *that* anon, but I have hundreds of RMs and I've been proudly showing them off plenty of times.

>>56854717
Consistently purchase sovereigns on a set time scale for the purpose of wealth preservation and the feeling of security you get from them, but do not over stretch yourself, and remember to keep money for real investments like stocks and bonds which will produce an income, and obviously money for buying property which will always be the ultimate asset.

Don't put more than 20% of your net worth in gold. Over-stretching is a trap. Ignore schizo retards. Just enjoy it.

>>56863060
And as for silver, only buy special stuff, don't buy bullion junk because you're immediately making a -50% loss. Only buy stuff you enjoy.

>>56863047
very nice. it is a blessing that the Pottsdam RMs still have the swastika no matter how small.

>>56863060
>>56863071
>hurf durf only buy gold
gay

>>56863095
Their design is nice and they're still cheap, like 15-20% over spot. Better deal than fresh bullion even. Being a silverchad in Germany is one of the few ways to make it here.

>>56854889
yes, it's all just about waiting for a critical mass of people to understand the game is over.
could be tomorrow, could be 15 years.

>>56862726
nice display of variety

>>56862726
based anteater

>>56862961
>what about vietnam leads to condoms

>>56862978
It reads like they're just basing it off the discrepancies between the Russian gold export numbers and the "official" purchase numbers from the Hong Kong exchange. It touches on the grey market concept and speculates on the reasons why countries are hoarding gold. Its interesting that they dismiss the idea of gold backed currencies in general due to the "logistics" of transporting gold internationally lol.

Like so many financial articles, it give you some real info, but leads you to an assumption that's counter to the most plausible reality.

>>56863103
I have 65 ounces of silver, but yes, in general stick to gold

>>56863304
you also recommended to buy stocks and bonds in 2023, so you're retarded

>>56863326
time in the market, sonny.

>>56863339
not buyin ur bags, boomer

>>56863371
Based. In buying PMs, you never become someone else's exit liquidity. You become your own bank.

>>56863220
>>56863297

>>56863127
im thinking about starting to collect an entire set. the martin luther commeratives seem to be the greatest hurdle at $60+. how much are those going for there?

new nice one

>>56862414
>lifting
>not eating goyslop
>stacking PMs
>learning self sufficient skills
I'm killing you without even a hint of violence. And I'm not a socialist I'm just j-woke.

>>56863490
you can get them for cheaper. look at ma-shops. you can find graded 2 rm luthers for what i consider reasonable prices, or you can get pretty nice examples for around the $60 you listed. if you just want it for cheap, you can find that too.

>>56859215
I think there isn't much time left, anon

>>56863339
Why would you tell people to buy sovereigns and to only buy the silver with higher premiums? Is this some sorta financial advisor type crap?

What in the hell kind of shilling is going on here lately? Not even Bob would say something that boomer tier retarded. Stocks and bonds... GTFO. Many of us are turning Internet funny money into PMs so we don't get dragged down and fucked with everyone else when the inflated stock and bonds markets go to shit. Oh and sovereigns are ugly AF anyway. Most people would think they were fake coins. You could at least suggest krugs along with collecting your vanguard fees.

>>56863060
>remember to keep money for real investments like stocks and bonds which will produce an income
No anon, the stock market is about to implode because it is overvalued right now.

I'm bullish on Bayhorse

>>56863573
To kick the can down the road or to charge your phone? I do wonder what the breaking day will be.

>>56863047
Do you have a contact? I'm looking for specific dates if you have any you are willing to sell.

>>56863695
Top kek. This screenshot was when I had a low battery on a previous day. Not much time left for can kicking it seems

>>56863695
It's going to be at least another year but probably longer in my opinion. They haven't even started up with their crypto etfs yet. They've still got some printing and stealing to do, and of course, there's always war or something else to distract everyone. They may necessarily be forced to allow PM prices to rise a bit though in the interim, but I don't think that should dissuade anyone from stacking.

>>56863732
>>56863740
Thanks for the further insights. What a vast topic.

>>56863729
Check /XMR/ on /biz/, look for links about circular economy, second link.
You will need Monero.

>tfw 200 Mercs and 50 0.1oz generics
I also have 20 half dollars, a dozen plus quarters, 40+ 5RMs and 18 or so 2 RMs. At least 100 1oz generics and coins. The rest are >5oz bars.

Do I have enough fractionals?

>>56863689
why?
I cant believe there are still retards that havent figured out it's a scam yet
buy something better like bex

>>56863304
Same here 65oz silver pulling the trigger on 3 Oz of gold in the morning

>>56863973
I forgot how paranoid /pmg/ is

>>56864109
How much do you get your constitutional junk for? I have a shop near me that sells mercury dimes for $3, silver quarters for $6, and half dollars for $12. It’s the best price I’ve found in person and the guy doesn’t care for sales tax if I pay in cash

>>56864147
18.5x-19.5x face value is what I've been seeing. Canada junk is at melt.

Where can I make an easy email address besides protonmail and tutuanota?

>>56863929
Ya, most people who start reading about international finance quickly see how terrible it really is and conclude that it will HAVE to crumble any day now. The banks know it's all BS as well, but the banks and governments all across the planet will necessarily suffer together when that happens, so there is the full power of nations and every international bank and corp behind keeping the system in place for as long as possible. You can get an idea of some of the tricks they use, but no one knows which specific ones they're going to use week by week/month or when exactly calendar wise. You have to operate under the premise that yes, it will collapse, but like Jesus's returning or the Yellowstone caldera blowing, none of us commoners will know exactly when lol.

I personally think everyone should purchase food, energy, and shelter preps before spending their fiat on PMs, but that's not really on topic.

>>56864175
>Canada junk is below melt
FIFY

>>56863490
Not an expert, but the 2RM Luther is $20 here.

>>56864145
It's not really paranoia, the market is super hassle free and so is paying/getting paid with Monero. Dealing with ebay, PayPal and all that is a waste of time and it's all jewish/satanic anyway.

>>56855022
>if you're in the UK as there is VAT on silver but not on gold
why is this?

>>56864322
i cant find it anywhere for that little around here. id buy it up instantly.
ma-shops is just as expensive as ebay. kek we’re getting hosed on these in the US.

>>56864147
>$3 mercs
I got my last 100 mercs at $2.38 each from Golden Eagle a few weeks ago. My LCS just sells gold, 1toz generics and ASEs and 10toz bars.

>>56864447
The European Union voted in 1999 to abolish VAT on investment gold. Many countries offered minimal levels of VAT as an incentive to buy in their nation. The UK, which did charge VAT, was losing out because of this, as were other nations. To combat this disparity the EU moved make Europe an equal playing field and scrap VAT on investment gold.

why not other bullion? perhaps ill-considered, perhaps a conspiracy is afoot.

WHERE IS PCITURE OF CRUSDAERS?

NEEDUM PICTURE NAO!

>>56864533
There's still loopholes to get around VAT on silver in Europe. For example, in Germany you can get junk (625 and 925) for spot or close to it. Sometimes less than spot. Spreads are razor thin.

Has anyone got a chart for the COMEX silver by eligible and registered over the past 5 years?
I haven't checked for ages, just now took a look and eligible is at 224mil oz, that's kinda low isn't it?

Have I got this right that they're bleeding out eligible to keep registered above 40mil?

>>56863524
jk. i found some 2RM commem luthers on mashop for about $20 gonna save me quite a bit. thank you.

>>56864730
Yeah, they've been regularly moving millions of ounces at a time recently. Like 5 million at once a few days ago. It's heating up.

>>56864804
Good. The ride is finally ending.

Baking a new thread

New thread
>>56864947
>>56864947
>>56864947

And that's all she wrote for this thread.

>>56864200
Yup, PMs are another layer of prep tool to me.

>>56854637

Fresh bread, without /pol/ cancer in the OP: >>56865016
Fresh bread, without /pol/ cancer in the OP: >>56865016
Fresh bread, without /pol/ cancer in the OP: >>56865016

Fresh bread, without /pol/ cancer in the OP: >>56865016
Fresh bread, without /pol/ cancer in the OP: >>56865016
Fresh bread, without /pol/ cancer in the OP: >>56865016

Fresh bread, without /pol/ cancer in the OP: >>56865016
Fresh bread, without /pol/ cancer in the OP: >>56865016
Fresh bread, without /pol/ cancer in the OP: >>56865016

Fresh bread, without /pol/ cancer in the OP: >>56865016
Fresh bread, without /pol/ cancer in the OP: >>56865016
Fresh bread, without /pol/ cancer in the OP: >>56865016

Fresh bread, without /pol/ cancer in the OP: >>56865016
Fresh bread, without /pol/ cancer in the OP: >>56865016
Fresh bread, without /pol/ cancer in the OP: >>56865016

>>56864983
>And that's all she wrote for this thread.
No, there's still quite a bit of life left in this thread.
Bump limit just means that: new posts won't promote it to page 1 of /biz/. It doesn't men it ends.

>>56862707
>Anyone prospecting here?
You mean, like panning for gold? Used to be a regular topic in these threads like half a year ago, but now it's just an utter shitshow.

is a jewish fella having some sort of mental breakdown?