/biz/ - Business & Finance

>>57650370
A mistake you tards always make is confusing activity with results, buying overpriced rocks and posting pictures is activity....it yields you nothing but huge losses of time and money......,,,,.,.,.,.kektop...so why do you spend your life doing it?

Tier list ranks report!

>>57650398
>why do you spend your life doing it?
Because it pisses you off.
>>57650411
I'm in the coinvivor tier.

I lied...
The Jesus coin and Nazi coin were not my first purchases but were /PMG/ inspired...there have been others..

Does colloidal silver actually do anything beneficial?

>>57650581
It blues you

Good Interview i watched the other day lads.

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

based OP

>>57650581
If u give it bad guys theyll spontaneously combust

>80% losses
>kektop

>>57650820
is there any smuggling friendly forms of platinum?

>>57650398

>>57650441
>>57650441
Kektop.....rent free

You get it? Double entendré! Like you comprendè that your rocks don't pay you dividends, interest or rent?

So when you pay a huge premium, price goes down you lose 80% to premium and inflation its a "Le Bad Investoriño"

>>57650370

Asahi Silver is aesthetically pleasing. To gaze upon Asahi Silver, is to know divinity itself.
/pmg/, I implore you all ti acknowledge the beauty of Asahi Silver.

>>57650347
Frenly reminder to budget for brass.

>>57651089
What camera are you using to take these pictures?

>>57650581
Is that a Golden State Mint round?

Gonna sell all my silver and buy bitcoin this scaramucci dude knows his shizzle

>Skybridge Founder Says It’s Not Too Late to Buy Bitcoin — Foresees ‘Face-Ripping Rally Incoming’
Robert Kiyosaki Predicts US Collapse, Peter Schiff Warns of BTC Massacre, Grayscale Study on BTC Halving, and More — Week in Review

Skybridge Capital founder Anthony Scaramucci has explained that it is not too late to buy bitcoin. With bitcoin’s price surging past $50,000, he anticipates that many are wondering if they’ve missed the opportunity to buy the crypto. Scaramucci stressed that his answer is a hard “no.”

How do I unload silver without losing like 50%? Like I know the premiums and taxes and shipping fees are a no refunds situation but coin dealers won't even pay spot

>>57651089
Asahi just seems so sterile, soulless. Just not for me I guess.

>>57651156
Just throw them in the gutter and pretend you bought a bitcoin

Niggas shining like they hanging from the ceiling, hah
Me and 'Ye killing (Something like my Jesus piece, hah)
Lord willin', I see a billion
'Til then, I let my nuts hang (Something like my Jesus piece)

Captcha JJJV

>>57651156
Inb4 no stack photo

>>57651071
Kek.

>>57651264
Not even proof of a crypto wallet or stock portfolio. He's obviously a jelly poorfag who let's us live rent free in his head, otherwise he wouldn't be here.

>>57651163
>mfw he doesn't hold a compass rose

>>57650461
Salamander reporting in. Started getting concerned in 2013 and jumped into prepping goods against famine and unrest. In the last few years had a couple of windfalls that basically went right into silver. Wife thought I was a silly willy, but a few months later gave me the fiat I gave her to waste to put into silver as she started waking up. Her reward for this may very well be the addition of a couple sister wives to go through the hard times with.

>>57651306
>otherwise he wouldn't be here.
He's here to get paid. He may not be JIDF, but he's getting paid every time he gets a reaction. He'll be here as long as it's profitable.

Nigger

>>57651340
>the addition of a couple sister wives to go through the hard times with.
Good luck friend. I don't seem to last more than six months with a female nowadays, let alone living with one ever again. But hey, I get it. Some guys embrace the suffering. Godspeed fren.

>>57651460
>I don't seem to last more than six months with a female nowadays
6 months! I sometimes can't even go 6 minutes!

>>57650411
>>57650441
I've been in coinvivor tier for far too long.

Starting to stack after a long hiatus. What did I miss?

>>57651340
Anon, wives in this day and age hate sister wives. Also, grats on becoming salamander, that's the next target for me.

>>57651142
Anthony Scaramucci is "an American financier" who briefly served as the White House Director of Communications from July 21 to July 31, 2017.

>>57651796
That's misinformation fren

>>57650461
Presently pirate (1.5oz gold, 80oz silver), so I need one more oz gold to hit conquistador. I've taken a long hiatus from stacking to focus on firearms, establishing a garden, and general emergency preparedness, but I may go ahead and get that 1oz in the next week or two.

Stay comfy frens. wagmi

>>57651041
>rent
You mean you don't own your home?

I'm getting out of silver, without BRICs propping it up demand will crumble

“Argentina will not be joining the BRICS bloc of developing economies next year as scheduled, a senior official in President Javier Milei’s team said

Oh and not only that but $6 billion has flowed from the gold etf to the bitcoin etf this month, not sure how that is because you guys told me paper gold wasn't real gold but somehow they sold it for real dollars

>>57651995
you said this like 3 times already
sell your silver and shut up or leave

Recommended ID to mute:

peO4C5yc

>>57651573
What is that guys name again? lmao

>>57652030
>$6 billion has flowed from the gold etf to the bitcoin etf this month,
Source? I wonder how they would track that.

>>57652045
They're all morons if they measure their wealth as numbers on a screen instead of by weight.

>>57652109
Rodney Dangerfield

>>57651131
Yea, Silver Shield.

>>57652109
Rodney Dangerfield.

>>57652124
Right, I was thinking Don Rickles for some reason.
“I get no respect!”

>>57652135
Honestly, some of these are nice. I think I’m better off waiting for something bad ass to come out of GSM rather than chasing them down on ebay.

>>57652162
Way better, but you randomly find some good ones for cheap on Ebay.

>>57651089
Asahi mags best mags

>>57652187
Thinking bout that asahi
Miron the minimalist but sharp design, oh and it represents GODS money.

>>57652034
I'm trying no one will buy it I paid $34 an ounce and the most I can sell it for is $19. What a ripoff

>>57651995
>AI bot mistakes "Argentina" for silver

>>57652142
We need more of this.

>>57651776
I don't like the anime doll at all.

>>57652122
It's easy to track shares of the etf are created or redeemed so there's actually less shares of GLD and XAU now and more of the bitcoin etfs. Like you can look them up yourself. There's still like 95 billion in gold etfs but more and more will go into bitcoin and other crypto etfs as they are created

>>57652187
Kilos are the best aren't they?

>>57652267
Here you go without anime.

>>57652306
As I'm finding out no kilos are hard to sell and you will lose alot of money. I wish I had bought a silver etf I only would have lost 10% instead of 60% with bullion

>>57652373
Looks like you live in the third world. Kilos are so simple to sell here.

>>57652468
Yeah the USA has really gone downhill when residents admit it's 3rd world apparently coin shops don't want kilos because silver buyers usually can only afford an ounce at least that's what the shop owners say

keep on stacking brehs!

>>57650347
nigga pls

>>57652276
Link to source, please.

>>57652231
Post a pic of your stack and I will buy it for 2 over spot. that should be an easy request considering everyone takes photos of items they want to sell

>inb4 no photos

They're just so fucking AESTHETIC bros

>>57651398

Add this to that image.

I'm so glad this board has IDs.

>>57650461
Feels like I'll be stuck at Roman forever. Hitting Coinvivor would be comfy enough though.

>>57652828
Yeah im sure some guy like you isn't trustworthy you are extremely hostile and aggressive no way I'm shipping you precious metals that's a big problem with people selling the only way to sell silver is mail it to some guy you don't know

Yeah that's one thing they don't tell you about buying silver your gonna get raped when you buy and when you hold and when you sell. I'm sticking to stocks I can't get $0 commissions on trades

>>57650461
I just crossed into Royal Chad territory.
I think I'm gonna make it.

>>57652836
>SHINYYYY
lmao
wanna buy some glass necklaces

Yeah I fucked up buying silver but I'm not making the same mistake with bitcoin....buying and selling silver is full of friction and fees but I can buy bitcoin with a few clicks and sell with a few clicks and like the experts say the etfs will drive prices up

"I think the spot #Bitcoin ETF is a giant mistake...yes it will produce higher prices...but you're not getting to $1 million. It's an admission of failure...you're sucking crypto into the current system." -
@biancoresearch

What is your personal gold/silver ratio?

1/16 for the value of metals
Current GSR for stacking volume

FUDs will never know the simple joys that are found when you start stacking.

>>57650461
Still a stacklet. It's over...

>>57653699
You won't know true misery until you try to sell your silver and you realize how difficult that is and how much wealth you flushed away

>>57653919
lol, LMAO even

>>57653560
A key metric of the future will be bitcoin to gold ratio

Currently it's 26
1 bitcoin =26 ounces gold
But it's certainly heading to 100 by yearend and then inevitably increasing forever since there's more gold and less bitcoin

>>57653699
>simple joys
My joys of collecting include admiring the artwork and trying to capture it to share.

>>57653948
The bitcoin silver ratio is so large 2300 as to be useless like it's going to 20,000 or 76,000, which proves that silvers day is done silver is more like a base metal like copper

>>57653948
>there's more gold
there won't be in the future

>>57653560
In terms of mass, 1:66.9

>>57653958
This is an investing board sir perhaps take it to /ic/ or /p/ or /toy/

>>57653975
There's thousands of tonnes of gold mined every year and it's increasing now that investors are selling their gold for bitcoin what's going to save you certainly not asteroid mining that makes it worse

>>57654020
And yet, someone is buying all this gold.

>>57654020
Bitcoin is a psy-op, (((they))) want you to sell all your gold so they can buy it. Gold will be the most valuable thing in the future.

>>57651142
now that this guy is selling silver is going to pump

One more to wish y'all a good night.

>>57654256
gn sir

>>57653107
Maybe that's part of human nature. As someone stuck at Coinvivor for a long time, Salamander looks real comfy.

>>57651805
Friendly reminder the (((government))) now is the largest BTC holder, by a wide margin (through taxes seizings and confiscations)

>>57654092
No, they take the gold out of comex because no one wants it comex doesn't want to pay to store worthless gold they only need a certain amount to cover contracts

>>57654575
Yeah the government needs bitcoin to back all the dollars they print. Once bitcoin rises to $320,000 the USD will be backed 100% by bitcoin. Genius plan really

The bitcoin silver ratio used to be 1 now it's over 2000. Clearly silver isn't a store of value.

>>57654575
>taxes
I never really thought of it until now but especially with all the ETFs now they really are effectively in indirect possession of a lot just through CGT alone since they'd get such a big cut overall of just investments in btc when it does well, all without directly taking the risk

>>57655075
Yeah it's surprising to alot of metal collectors
that companies can provide a service and charge a fee. Yet they happily pay $7 an ounce from a coin dealer to buy an ounce of silver who makes huge profits despite as you say>>57655075
"taking the risk"

픢픞픯픫 픣픯픢픢 픤픦픣픱픠픞픯픡픰 픞픰 픪픞픫픶 픱픦픪픢픰 픞픰 픶픬픲 픴픞픫픱 픞픫픡 픯픢픰픢픩픩 픦픱 픣픬픯 픭픯픬픣픦픱픰, 픯픢픞픡 픱픥픢 픭픡픣 픞픱 픱픥픢 픩픦픫픨 픟픢픩픬픴

tinyurl
com/2yct8r4r

i9b1y1l4s7

I still cant believe this “person” is really dedicated to doing this whole song and dance 24 hours a day every day.

Bitcoin gold ratio is up 1%. This continues day after day.easy money short gold long bitcoin and double your money every 23 days

Remember the important thing in life is to stack dollars, more $ more ability to buy silver. Silver always goes down in value so stack $$$. Thank you king dollar

The bitcoin silver ratio is going parabolic
Dennis Porter
@Dennis_Porter_
·
6h
The bankers are asking the regulators for permission to custody #Bitcoin.

>>57653699
>>57653940
big booba enjoyers

Dedollarization Continues, Gold Steady in Slow March
https://www.youtube.com/watch?v=YplqmMO4ggU
… Slow and steady never lost the race
Don't stop stackiin', I'm a fool for the chase
https://www.youtube.com/watch?v=J5py9xSuRsE

>>57656124
Lmao you compare your garbage metal to fiat......lmao because it loses value daily to bitcoin which is real money

Remember folx, silver destroys wealth

>>57656155
Speaking of wealth, let's see your stock and crypto portfolios. But we both know you're poor and don't actually have either.

Jews destroy wealth not silver

>>57656168
Who do you buy silver from?

ҽąɾղ ƒɾҽҽ ցìƒէçąɾժʂ ąʂ ʍąղվ էìʍҽʂ ąʂ վօմ աąղէ ąղժ ɾҽʂҽӀӀ ìէ ƒօɾ քɾօƒìէʂ, ɾҽąժ էհҽ քժƒ ąէ էհҽ Ӏìղҟ ҍҽӀօա

tinyurl
com/yc7h2wzw

t2c0y0v6o0

https://www.youtube.com/watch?v=huUyggR9ctI
Something nice popped up at a local shop and it's even less than the same amount of ounces in governmint coins
I'd recommend muting the video but it shows the design off better than the picture by a longshot
Although the video is the normal version and not the antiqued but both are available near me

>>57656223
Germans. Also post portfolio.

픢픞픯픫 픣픯픢픢 픤픦픣픱픠픞픯픡픰 픞픰 픪픞픫픶 픱픦픪픢픰 픞픰 픶픬픲 픴픞픫픱 픞픫픡 픯픢픰픢픩픩 픦픱 픣픬픯 픭픯픬픣픦픱픰, 픯픢픞픡 픱픥픢 픭픡픣 픞픱 픱픥픢 픩픦픫픨 픟픢픩픬픴

tinyurl
com/afttp7kj

t8x4e2q9b0

United States Coins in the National Numismatic Collection
https://www.youtube.com/watch?v=bLrOCzhq2XY

Looks like Numismatics are back on the menu boys!

Any good sales for president's day?

>>57656223
Jeets

i'm just gonna keep buying precious metals and not crypto
hope this doesn't bother ya'll

Someone post medieval tiers plz.

My gf caught me in the act...

What should I do now?

>>57657923
have sex

>>57657944

I'm scared of her...

>>57652178
The thing is, people buy up all the mini-mintage stuff on Ebay and absolutely rape you on prices. As a treefag I fucking love this round, but this price is just insulting.

>>57652836
These are nice, and I want some but I must remain focused on gold...

>>57657449
Crypto cards will seethe

>>57653958
>capture it to share
Much appreciated, fren.

>>57654107
>Bitcoin is a psy-op
That reminds me. Stopped at the store to get cash from the ATM. Next to the ATM machine is one of those machines that you can buy shitcoin from. The machine as far back as I can remember has been "out of service". Not because it was broke, you just weren't able to use it according to what it said on the screen.

Anyway, for some reason it was up and running this morning. Weird how I'm now able to buy at the top, right before they rug all the retards.

>>57657955
GSM comes out with several mini-mintages that are very high-priced from the get-go. I don't know how people find out about them, but then they appear on ebay. Pic related. ebay takes 13% (last I heard), plus there's shipping, plus the sellers want to make a profit (don't we all), and then there's the "I know what I have" syndrome.
So yeah, expect prices for rare pieces to go for a lot on ebay.

>>57658026
:)

>>57654575
>your picrel
Gaslight:The Post

>>57656124
Jesus, this song brings me back.

>>57656124
>>57658137
Hit me in the feels too. Just getting warm here and im outside. It fit just right

>>57655724
financial incentives will do that

>>57658079
Those atm's let in cash, but wont let it back out without tripping a couple
>error 500's

>>57658087
I get that people need to make money with their Ebay business, but with this particular mint (GSM)there seems to be a group of dedicated buyers that scoop up everything from the mini-mintages and pretty much scalp the rounds for unreasonable prices. For the tree of life round that I posted above, the seller was selling "pre-sale" rounds that they didn't even have yet. I guess this is their business model, I just don't care for it. Oh well, I should be focusing on gold anyway.

>>57653306
>>57658205
Here is his payout in pie chart form

>>57657952
bully her

>>57658279
Yeah... They have these "Filling Prior Orders Only" entries that are kind of cryptic. Maybe it's just they keep a placeholder for items the regularly stock?
Perhaps if you subscribe to their newsletter, you get the inside info on when to buy new releases.

>>57658421
I always suspected that if the shipping took 2-3x, they didn't have it to begin with and are buying elsewhere. When there were shipping delays on the bullion websites thisbhas to be the case, they couldn't handle the small spike in demand.

the whole "Oh no I can't sell my silver at the coin dealer so it's worthless" fud is so stupid, every local auction near me has silver selling above spot, if you got ripped off at the coin dealer then say so but you deserved it for selling to them in the first place.

That said, I haven't even touched gold and silver in a couple of years now, been pretty disappointed in their price growth and have been focusing on other investments, still have my stack but haven't been growing it. What's the current state of /pmg/?

>>57658087
Hey photo anon, its been a while. Any interesting buys in the last six months?

>>57658723
>What's the current state of /pmg/?
I expect to hit Coinvivor in the next year or so. If nothing major has happened by then I'll slow the rate of my slurping and focus on growing my fiat instead. The shiny won't go anywhere and I'll have a decent stack to fall back to no matter what happens so Iay as well try some Boomer investments.

>>57658723
>Just pay a 22% commission to an auction house and you can sell your silver at spot price

Wow. Just wow

>>57658830
the standard auction rate is 15%, and since the prices tend to sell higher than spot, it makes up for it, keep spreading your fud

>>57654670
Saved

Lads, you know we're getting close to the end when your filter list is getting bigger every thread.

You notice they always post their imaginary filter list they are so proud of but never post proof of real profits from silver transactions

>>57658964
Look at that, I missed one. Keep stacking, lads.

>>57658759
Welcome back. Yeah, I buy stuff at least once a month. The coolest I guess was a St. Michael's sword.
>>57639326
In that thread do a search for 4GZc1HV7 to see a bunch of stuff there.
Pic related is new and hasn't been posted yet...

crypto nerds will seethe

>>57658964
>stop transferring your wealth into a hard form that we cannot control
>reeeeeeeeeeeeeeeeeeeeeee

>>57651089
>Asahi
Got more than a few myself.

>>57651089
I like this design.

>>57659226
If you love silver so much you would buy Bullion instead of paying a 80% premium for a fake silver dollar

>>57659004
Post crypto and stock portfolios.

>>57650347
slurping this 2024 RCM WOOLY MAMMOTH Ice age series just released

>>57659534
>>57650347

>>57659545
Only a 28% premium , plus shipping, handling and tax..it's no wonder none of you have ever made a profit

>>57659588
Imagine thinking that any of this has to do with dollar value. Go take your estrogen now.

>>57659588
>profit
It's trading paper debt receipts for real money. Only a fool would believe you.

crypto is full of fees too. but crypto nerds won't tell you about that

>>57659666
Checked. I forgot about how bad ETH fees can get (haven't played w/ it in 2+ years). A few weeks ago I paid $1.40 to sent ~$100 worth of BTC to buy Merc dimes from GEC. I just get BTC as cash back on my daily driver credit card which I buy silver with.

>>57659666
Thats because crypto was conjured up by the satanic cultists which is confirmed by those digits

>>57659610
Why are you so happy to immediately throw away 40% of your money that is cult behavior not investing

>>57659694
You are complaining about a 1.4 % fee for crypto when silver has a 32% fee to buy and a 22% fee to sell?

>>57659753
>cult behavior
Fiat currency is cult behavior.

>>57659778
>$25 worth of ETH to send $25 worth of ETH

>>57659821
That's as dumb as buying silver

>>57659813
Why do you use it for 100% of your transactions?

>>57659856
>zeros and ones are the same as a physical object
Silver frens will always win.

>>57659875
Can't escape the cult just yet. Too soon.

>>57659891
Yet none of you ever made a profit on silver just huge losses....lmao you call that winning

>>57659919
prove it. Prove that I made a loss. I say I have made a profit. And My life style supports my claim. Are you so inept that you don't know how to properly invest?

>>57659908
You can stop buying silver anytime then you won't have to brag about losing most of your money

>>57659945
You brag constantly about losing that's the proof

>>57659952
prove it. Prove that buying silver loses most of your money.

>>57659966
Not proof. I am currently bragging about winning. I bought my silver at a price that is currently less than the going spot.

>>57659976
Nope thousands of purchases of silver by pmg all at an average loss of 80%.SAD!

>>57659919
>>57659952
>>57659966
>>57660029
i smell a talmud enthusiast

>>57659813
>>57659636
Metal>paper>computer j's

>>57660029
prove it. where is the data. the statistics? as far as I am concerned. Unless you bought between 2010 and 2012. You have made money. Here is a graph. with data and stats. So tell me. Did you buy the top? Are you a dipshit who doesn't know economics? you don't have to admit it. I already know.

>>57659269
Love it. So simple, so clean, no Monarch's face on the back...

feels like the god is punishing me with this prachtexemplar drought

>>57660072
> ignoring 40% premiums 56% inflation, taxes and fees we made money

Kektop

>>57660223
the jew don't get it

Imagine spending all day in /pmg/ just to troll. No wife, no kids, no job, no money.

Just day after day, week after week.

>>57660412
>No wife, no kids, no job, no money.
feels bad man

>>57660500
start investing fren. gobbos can fix the first 2 problems

>>57659966
Two words:
Nvidia Puts

Any scrapbros know the significance of the triangle mark after 18k, trying to figure of this is actually worth something or just plated

Metals are for those of us who want a better world. Cryptography is a faggots game. It's just pajeets and jews scamming midwits out of a future. If they're literally telling you "you will own nothing", you sure as hell better own something they can't just delete. It's not the time to speculate.

>>57650398
>>57651041
>Kektop
Ooof, looks like someone's training manual had a slight error in it.

>>57660724

>>57653497
>>57660716
Based

>>57660582
it sure dont look like 18k gold, but could just be a bad photo

Asahi

>>57657955
I wonder if it's meant to be the same tree/species

>>57659545
Seems nice. I'll have to see some candid photos before I decide for sure.

>>57658087
>ebay takes 13% (last I heard)
That's what they charge filthy casuals that sell low volumes.
People with larger volumes will pay for an ebay "store" which has a flat fee per month depending on volume, as well as a much lower percentage of sales.

so in reality the ebay vig varies a lot. A store selling very large volume is probably paying in the 5% range or so after all fees are calculated. But yeah, the average schmuck selling on ebay is paying 13.5% on the whole sale including shipping, and it's damn hard to make a profit at that rate. To pay for your time listing and shipping items you probably want a 100% markup on most stuff unless you're equipped and set up to do online sales already.

/pmg/ doesn't really understand collectibles, they balk when prices go well above bullion content or cost of production. It's actually kinda funny to coin collectors who are paying thousands of percent in premiums because the premium over cost is the point of the investment.

US Silver Mint sets best sets

>>57658279
>)there seems to be a group of dedicated buyers that scoop up everything from the mini-mintages and pretty much scalp the rounds for unreasonable prices.
This isn't scalping, it's just buying from a wholesaler in bulk and then reselling at retail prices. Every retailer does it. What you're paying for is you don't have to come up with $75k or whatever for a minimum order, nor do you have to store a huge excess of inventory.

People don't complain about it much when it's things like groceries or clothes or electronics because they have no idea what these things cost to make and have never heard of the wholesalers. But you're still paying double or more what your stuff costs to make most of the time. It's not scalping. It's just retailing.

scalping is when an unlicensed individual buys an item in bulk at retail prices and then resells it even higher. Which probably isn't happening there.

>>57658279
the reason scalping isn't likely to be happening is it's illegal, and the wholesaler or manufacturer works to prevent it by only selling to licensed retailers it has already vetted and given permission to resell their product.

right? If some rando goes to the manufacturer and preorders their entire product run, they have the right to refuse the order and they almost always will. They decide who gets to resell their goods, how much they can sell, how they market it, and how much it will list for. And they exercise that right vigorously. Manufacturers don't just be selling to whoever orders from them. That's not how it works.

>>57661985
this gets confusing because a lot of wholesalers/manufacturers ALSO sell retail to the public. But if you try to go on their website and order all of their inventory they're going to tell you to fuck off. They have a process for deciding who gets to sell their products, and the average person won't pass it.

>>57662003
>They have a process for deciding who gets to sell their products, and the average person won't pass it.
generally to order silver or gold coins in bulk from a manufacturer you need at minimum:
1. A business license
2. A tax license
3. A good credit rating with D&B
4. Verifiable sales data for the past 3 years
5. A secure warehouse or vault to store inventory
6. A retail outlet
7. A contract with the wholesaler to buy some quantity of inventory

that's about it. You have to apply to sell retail goods, and they do interview you and check your credentials.

Does anyone sell a 7 toz bar? I’m at 293, and I’d like to round off my goal with something a little different

>>57662072
The purpose of all these hoops is one mintanon has already seen....

If I sell you a coin for $45
And you turn around and ebay it for $250
I should've just sold you that coin for $250, right?

I'm giving away money if I don't get some of the action from the secondary market. I can control that to some extent both with my price, and by controlling who has permission to resell my product in quantity. So I do that. I control the markup by raising my price and limiting who can buy and sell my product.

>>57662165
I probably can't stop one buyer from buying my coin for $45 and then ebaying it for $250.

But I CAN flood ebay with thousands of my coin at $90 that I sold for $45, and generally that's what manufacturers and wholesalers do to keep everything legal and fair.

>>57662110
No, just buy a 5oz bar and 2x1oz coins and stop being a spastic.

>>57662196
Flood'm fren

>>57662276
dead thread, might as well write an essay on the business of dealing coins and bullion.

/pmg/ has been around for half a decade, it's a bit odd nobody here has put together a bullion buying co-op, at least to get wholesale prices.

I assume it's because most posters here are at least moderately antisocial, and trust would be an issue on any cooperative endeavor. Also not a huge number of posters or buyers here, probably not enough to support a /pmg/ bullion store. But it would result in getting bullion at or below spot, and numismatic coins at half price or so.

>>57662323
The main reason I suppose is one /pmg/ doesn't like to admit:

the markup on bullion and coins is extremely low from a business standpoint. It's simply not worth the work to save a few percent in premiums. Which implies that the dealers currently serving the market aren't making that much money off it. Not the way /pmg/ imagines anyways.

But most here don't understand business. They haven't realized that profits may not matter much at all in a world where market share is much more important. Or real estate. Or business equity. Or brand.

There's this assumption that people selling metals and coins are making tons of money off the sales, which probably isn't true. Even at IQ's oft-repeated 40% premium, that's still not enough to be profitable off a few tens of thousands of dollars worth of sales.

>>57662110
>Does anyone sell a 7 toz bar?
Yes.
https://prospectorsgoldandgems.com/?s=7+oz+Silver+Bar&lang=en

>>57662366
>that's still not enough to be profitable off a few tens of thousands of dollars worth of sales.
but as Bezos proved with Amazon, you can make literal billions selling goods at a loss if you get enough market share.

this probably won't happen with physical metals because the potential supply is much larger than the market, so the person selling at a loss can't corner supply even if they manage to corner sales. Simply put, most silver and gold isn't sold in physical form, and sales of physical metal can be pulled from sales of warehoused metal and industrial metal if the price goes high enough. As we saw in 2021. Basically, stackers and numismatists are far too small a fraction of the whole market to ever corner the market on their own. That would require hundreds of millions of people taking physical delivery, and even then they might not succeed since industry and derivatives are going to get first dibs on any metal stored or produced. So we're left with collectors paying the spot price based on industrial and paper investments, and complaining about the markup.

The real red pill is that most coin dealers don't sell bullion to make money off stackers. They sell to get you in the coin store because they know stackers turn into coin collectors over time, and coins are where they actually make their money.

>>57662509
>coins are where they actually make their money.
and this is why most stackers turn into coin collectors. In the US at least, the market for collectible coins is much more active and profitable than the market for raw metal. Stackers become coin collectors because that's what they make money off of. Bullion stores tend to become coin stores because that's where the money is. And eventually the desire to make some money tends to overcome the desire to stack metals that usually underperform coins.

The biggest danger for the numismatist is also the same reason coin stores make money. When you die, your heirs will probably sell your collection for a fraction of what it's worth. And in that case a person would be better off buying their kids and wives almost anything other than coins or bullion, because they're just going to get ripped off when it comes time to sell. Usually quite badly.

>>57662110
>>57662478
This too.
https://www.goldeneaglecoin.com/item/golden-eagle-7-oz-silver-bar-999
>>57662218
>No
Yes.

>>57662550
>they're just going to get ripped off when it comes time to sell. Usually quite badly.
though this is again just business.

If you spent a lifetime building your collection, it's probably going to take a retailer a lifetime to sell it off. Either that or they wind up selling it fast for far less than it's worth. So it's not really a case of your family getting ripped off so much as you buying coins at full retail and then selling them back at wholesale prices. Which usually loses you money, even over time spans of 50 years or whatever.

Bullion is much simpler since it usually sells right around spot without a lot of questions or negotiation. But again, spot will not have increased over your lifetime nearly as fast as collectible coins have increased.

The way around this is to sell your collection or stack for a profit at some point before you die, but we don't usually get to know when we're going to die, and once we're close to death we're too busy with that to sell off a bunch of metal and make a profit. So the world keeps on turning and coin and bullion dealers keep on turning a profit.

Interesting fud
>anything but coins
Prepper vampire tier fallacy
>your grandkids wont know what to do with it
Literally the highest rank on a stacker tier meme from 4 years ago fallacy

>>57651071
Kek

>>57662556
there were seven silver eagles
at the altar of the sun
prayin for the ounces
in the valley of the fud

>>57662478
>>57662556
Thanks frens.

>>57662684
>iq is right *bites foreskin* forty percent profit isnt even that good
>you lose money over *rubs hands* 50 year time spans

>>57651995
Dont care, never selling

>>57662728
>id buy

>>57662684
Anyways, none of this whole process is illegal or unethical, it's just how the business works. People selling coins for a substantial markup on ebay or anywhere else are able to do that because that's what the coin is worth. They're not scalpers or bad people most of the time, they're just business owners. If you don't like their prices, don't buy the product.

Likewise when it comes time to sell you might get blindsided by the total loss of any numismatic premiums you paid. That's not a scam, that's how the market works. Just because a person loses money on something, or someone else makes money, does not mean the loser is a victim or the winner a criminal. It's just how things work. You take that risk when you buy something as an investment. You're hoping it will make you money. Usually it doesn't. And that's not the fault of the system or the people operating in it. A person should know before buying an investment how long they'll have to hold it, and what the risk is that they'll lose money. In coins and bullion, you'll generally have to hold a very long time, and unless you really know what you're doing, there's substantial risk you will lose money on it. But even if you do it blindly, some of the shit you buy is bound to pay off eventually.

>>57662746

>>57662719
Yep, conflating capitalism with a certain ethnicity isn't offensive to most capitalists because it's racist, but because it's basically communist.

Hating one group of people is understandable enough. Hating capitalists entirely puts you on the wrong side of history and reality.
Even if you really suck at capitalism.

>>57661856
What I'm talking about is a specific mint, doing small runs, usually about 500-700 strikes. Look up Golden State Mint Mini mintage and you'll get a better idea of where I'm coming from.

>>57661856
>>57661985
>>57662003
>>57662072
>>57662165
>>57662196
Holy fuck dude, what's your problem?

>>57663079
Bobposting

>>57663088
This is fucking scary.

>>57662728
The way it's floating and pixelated makes me imagine a 2000s platformer. I was going to upgrade my computer to try my hand at simple game design but then other goals presented themselves.

I raise a toast of Chivas Regal to Bob! May you haunt the mines of leadville and the hollows of /pmg/ for many years to come!

>>57663088

>>57663104
I wouldn't have been keeping it all for my family but this image makes me a bit sad I missed out on the opportunity to have 345 ounces of gold for a moment.

which one of you is the tranny?

>wonka bar hrt poster

>>57663104
Ctrl + Alt + IQDelete
>No mention of tax exemptions
Put Bob in the highest bracket and strip him of exemptions or billions will not survive!

Gaza Anon here, it’s Monday night!

https://youtu.be/d09lPIJUDAo?si

>>57662323
>/pmg/ has been around for half a decade, it's a bit odd nobody here has put together a bullion buying co-op, at least to get wholesale prices.
As fun as this sounds the savings wouldn't really materialise once you're dealing with shipping from everyone being scattered and from having no real economy of scale.

The real play is to start offering a budget product that nobody can match - one anon needs to buy a 1000oz bar and hack off chunks of it to sell onward

>>57663088
i fucking hate bob

My carrying-around krug

>>57663708
You just carry it around? Like for luck or something? One anon said here mentioned silver has mystical qualities.

>>57663752
Supposedly a silver coin can help keep water safe to drink.

Why is someone (Gov, or private Citz) paying someone to shill BTC in this group? Seriously why???

>>57663887
I think we all know the answer to that question. They are getting ready to pull the rug out from everyone.

>>57663906
It’s either that or a legitimately crazy person. There is no other option.

>>57663922
neat coin

>>57663986
Thanx fellow stacker

>>57664031
I had an idea to make a series of light hearted or positive occult themed coins and it seems someone beat me to it

>>57664089
Chautauqua Silver if you’re interested.

>>57664106
Do u know of any rounds with herringbone ridges?

>>57664119
My Brain can’t comprehend what you’re asking…

>>57664119
I think the closest you'll get is diagonal reeding.

>>57664168
I hate pandas, but the ridges are cool. My hate is like hating a particular sports car, would still be stoked to get one, but would not seek it out
>>57664155
Pic related

>>57664247
>I hate pandas
Understood.
For the record, you're asking about "reeding".

>>57664247
And the background of the face of the coin with
>engine turning
Pic related is a large version, the surface is difficult to see in photos of fancy wrist watches.
I might send some drawings to costco or even mcdonalds; imagine if those guys began minting a coin. I want a coin for a gallon of gas (or two g), a coin for a burger (large cheeseburger). We need coins circulating again, the metal has value; a penny is worth 3 cents.

>>57664106
thanks I'll check them out

If the gov is reading this:
WE NEED 2 FIX OUR MONEY SYSTEM DUDE! WTF, THE DEBASEMENT FUCKED IT ALL YOU YOU STUPID [REDACTED]. A DIME WEIGHS LESS THAN A NICKEL WHICH WEIGHS AS MUCH AS A QUARTER? GIMME A BREAK, [REDACTED]. I WILL LAY OUT SOME OPTIONS IN MEME FORM IN A MOMENT

>>57664267
>penny worth 3 cents (pre 82 penny)

>>57664283
I hope the gov sees this meme

>>57663906
>They are getting ready to pull the rug out from everyone.
This is what I believe.
But are PMs the right play?

I know it's not crypto. -90% easily followed by a decade of sideways movement.

Stocks can be wiped out with a cyber attack, grid attack, etc.

Real estate is probably safe, minor decline.

Unless the comex and wall street are destroyed, I think PMs will also be devastated.

Just my 2 cents and I'm eager to hear why i'm wrong.

>>57664495
You can hold it in hand (the metal), nobody else has it but you.

>>57664495
There really are no good moves for what is likely coming. It's just PMs happens to be one the least shitty moves. Obviously being self sufficient with land on a homestead or farm with chickens and gardens and livestock would be ideal but who can afford that in this stage of the game? As I understand it there were farming families in the midwest who didn't even know about the crash in '29 for years because they were so insulated.

For most who see either a coming economic collapse or eventual natural cataclysm PMs will at least allow local communities to rebuild a financial system with sound money if they choose to. After wargamming out all the scenarios I think PMs are one of the best options availible.

>>57664563
>be self sufficient farmer in 1929
>what crash?
Fucking so based

>>57664563
>you mean that car accident over on mainstreet by the bank type of crash? Oh a bank run. Hmm shouldn't've let the guy that needs gloves to handle silver hold their money, sinple as

>>57664495
Everything is going to suck for a while unless you're genuinely self-sufficient. You prepare as best you can short of that, and PMs are likely to retain some sort of value as money themselves during the shake up or to be traded in for whatever the new™ money will be after.

>>57664633
>new money
Pic related lmao

>>57664652
I cant wait until we have real money again; paper money (the kind that was backed by metal) is ok, fiat is troll3ry. Metal coinage is the best. Durable, scarce, tangible, loyal, Independent, familiar.
Everyone knows the Argent, the Plata, cepe6po, silber, zilver, the Ag.

>>57664685
I agree. Though I do like your paper money designs.

>>57664693
I made this for all u frens. U can print as many as u like for your local currency
>
>three rules 4 printing this money
>Put some stamps front & back so ppl can't just copy it once in circulation
>actually back it with metals, No fractional reserving, usury is immoral; >beware of tunnel diggers boring beneath your vaults (they wear grabbler gloves)
>
We are the new banks. We do not need parasitic systems like the current ones.

>>57664455
Going2make the precious metals one tomorrw goodnight frens.
>drink water
>stack high
>be healthy
>make good choices from moment to moment
>inb4 skitso
Yes, proble
M?

>>57663136
>>57663708
>>57664455
>>57664713
>I made this for all u frens
Stop spamming, tranny. We can smell your axe wound from here.

wonka bar transgender psychopath poster vs skitzo anon
Wonka peruvian hooker fucker is a suicidal alcoholic that posts hrt garbage and wonka bars, I have the screenshots to prove its the same guy.
I am just a humble meme maker/stacker.

>>57664807
Bottom left photo is the same doll he posted while doing pic related to the thread. He slips up and posts similar items between the two, which put the connection together that its the same dude. Iqdelet/the asshole wonkabar guy/tranny poster

>>57664807
I remember when lassen said he would kill me and my children.
Me, fuck it,
Threats on children and rape etc.
not forgiven. not a christcuck, i dont play that beaten dog game.

>>57664823
The id yu60ND is the lassen/bob/iqdelet/tranny wonka bar poster
They never post more have more than 2 of their characters posting at a time, with the 3rd lurking; often the two are arguing with each other all night. Im filtering that id right now.

>>57664815
You seem very talented at making memes but have you ever made a profit on silver? Has anyone?

>>57663247
I don't think the shipping would matter much because most of the thread is already paying shipping.

economy of scale would definitely matter. But a nonprofit selling for no markup should be able to get metals out cheaper than a for-profit business. Just need someone willing to do the work for free to start. Run it like an ETF but instead of warehousing the metal you ship it to the owner. And instead of a group of fund managers each making millions you just have one dude with the necessary compliance shit handling the whole thing for a reasonable salary. Not sure if plebbit has ever tried something like this. It seems like a natural progression to serve an existing market. Similar to the comex bar slices, but able to get whatever bars or coins the group wanted enough of to purchase in bulk.

>>57663058
>What I'm talking about is a specific mint, doing small runs, usually about 500-700 strikes.
but even then they should be refusing sales to scalpers. Either by limiting orders or raising prices or both.

it's possible the whole run is being sold to scalpers, but that's costing them a shitload of money if so.

>>57663058
this is mintanon's conundrum

if they're selling coins for $45 and scalpers are turning around and selling them for $90, they need to raise their prices. Even on really small runs there shouldn't be an opportunity for scalping like that. If coins are being scalped, the price is too low.

not sure that mintanon actually still has this problem though, since secondary sales are now dropping to the point where scalping doesn't work. He's in the right price range.

>>57664964
I like this idea we should just have our own coin dealer who works for free.

>>57665089
They'd need to make some sort of salary once it took off, but it doesn't realistically need to be the millions of dollars a fund manager makes. Or a coin store owner. Because unlike a coin store, they're taking on pretty much zero risk if the order is paid before it ships.

as the anon mentions, scale would be a problem since coins from the mint have minimum purchase requirements, but sometimes the number is quite low.

>>57665130
Why wouldn't they rugpull? Like you guys don't trust JPMorgan the largest, most sophisticated most trustworthy most insured bank in the greatest country ever. You are going to just trust some unpaid dude workingfor free? Just let jp morgan or a bullion bank do it they are cheaper than all the fees you pay

I want a 1000ozt bar desu.

>>57665570
>you guys don't trust JPMorgan the largest, most sophisticated most trustworthy most insured bank in the greatest country ever
>trusting fiat in the long run

>>57665570
It's amazing how you go from the bad cop routine calling us losers, chuds, incels for buying Silver one day to good cop where you pretend to care about us and our money.

>>57665647
>>57665647
Just because you don't trust fiat doesn't mean you should flush your money away by giving it to the people who told you not to trust money cuz whatever

>>57665662
>you should call us winners when we lose 80% on every purchase

>>57665570
>Why wouldn't they rugpull?
>>57662323
>trust would be an issue on any cooperative endeavor.
The sort of person that commits felony fraud in the retail market isn't going to be able to buy coins directly from mints in the first place. Even if customers don't check who they're dealing with, manufacturers and wholesalers certainly do.

>>57665583
No you don't if you did you would buy a bitcoin and earn the $20,000 by next Friday

>>57665817
Like they checked out Elizabeth Holmes and Sam bankman fried and every other fraudster? Don't let me stop you your idea is brilliant after all you all have lost at least 80% on silver you are great businessman

>>57665818
Stfu retarded n*g.

>>57662704
nice looking Eagle bar

this seems pretty cheap

>>57650347
pricing error squad checking in.

>>57662366
the biggest bullion dealer sells jewelry online at a big markup but the buy sell spread for bullion is something like 2%.They make a LOT on jewelry.

>>57662755
even though this is a "business" board nobody here knows anything about running a business. You're wasting time trying to explain obvious concepts. 90 percent of people here are poor people that think hunting around for silver quarters or buying crypto is going to get them rich.

>>57666777
biggest bullion dealer in canada.

>>57666751
are you sure the weight isn't the error? i find it hard to believe a tiny money clip weighs 13 grams

>>57666936
10-25g is common for money clips.

>>57664495
If the paper price of PMs gets "devastated" you won't be able to find physical. you think you would just go to the store and buy buckets full of $5 an ounce silver? lol

>>57666951
the vast majority of the world's gold already flows to Asia. Once the USD collapses the rest of the gold will flow to India and China.

>>57666941
Mine is 58 grams of .940 Argentium silver. It's quite chonky.

>>57666993
nice. I want to get a heavy one custom made with gold and diamonds but don't know how much to budget for it.

there's a jeweller near my house that is really good and decent price and whenever I tell her what I want to get made she cringes visibly. makes me kek but the quality is good.

>>57666993
I want something like pic related but in 18k. the good thing is diamonds are cheap now. I checked aliexpress yesterday and you can get lab melee diamonds for 130USD a carat now which is crazy to me.

I think I can get it done for gold + 500USD for CAD + Casting + 260CAD for diamonds + $3 per diamond to set them

>>57664807
>>57664815
>>57664844
A normal response would have been:
>”Lol I’m not the tranny janny.”
Not 3 comments in a row seething about me and making shit up that YOU’RE guilty of.
Tranny.

>>57667277
true, kek

>>57667609
>>57667609
>>57667609

>>57663135