/biz/ - Business & Finance

>>58182864
Best Places to Buy Gold in 2024
(https://www.investopedia.com/best-online-gold-dealers-5095874))

Best Overall: APMEX (American Precious Metals Exchange):
https://www.apmex.com/

Best Customer Experience: JM Bullion
https://www.jmbullion.com/

Best for Gold Coins: BGASC
https://www.bgasc.com/buy-gold

Best for Buybacks: Money Metals Exchange
https://www.moneymetals.com/

Best Low-Price Option: SD Bullion
https://sdbullion.com/

Best Reputation: Golden Eagle Coins
https://www.goldeneaglecoin.com/

>>58182864

omg it spins

https://libertycoin.com/10-x-1-gram-gold-bar-argor-heraeus-goldseed-999-9-fine-in-dispenser-gold-bar-10x1g-ah-goldseed/

another accident i'm sure

>>58182978
That'd make a funny present. Almost as funny as the mini skateboard with rolling wheels.

Are Nazi marked 5 Mark coins bigger or smaller then a US Quarter

>>58183107
US Quarter is 24.2mm diameter while a 5RM is 29mm

>>58183160
Sweet. Guess im gunna use a tube made for Halfs

>checking the price of gold

I have not kept up with pmg for a long time. What is the prevailing current schizo theory? Or are we still waiting for the banks to get squeezed?

>>58183424
Silver shills on suicide watch, as they continue to stack their 50%+ premium custom rounds they got delivered, as gold continues to set new record highs.
Central banks are buying gold, while the retards believe some random on the internet about buying silver because of some squeeze only thing get squeezed is a silver stackers balls.

>>58183424
WW3 already started and gold & silver are just catching up

only up from here

>>58183424
The current larp is that gold and silver have mooned. All the scam victims are pretending they made huge profits. Kektop!

Fact check, the average loss is over 80% because these tards never factor in premiums, taxes and inflation

>>58183424
Silver / Gold is a hedge against deflation / recession / the economy collapsing. if the dollar dies, the only value you have left will be in physical money like precious metals.

BUY SILVER TODAY! TAKE YOUR SILVER BACK!

It's gold's ath or dollar's atl?

>>58183618
>deflation
*Inflation
>>58183424
The theory (truth) is that the dollar is losing buying power everyday and the only things doing well are PMs and the SP500. I am not going to play the pump and dump game of crypto. Investing into crypto seems like it defeats the original purpose to empower people and make them less reliant on the system. The government is taking its cut through capital gains tax. It's not a safe haven since it became popularized.

>>58183667
If your garbage rocks do ever go up due to hyperflation you will owe the government huge taxes, taxes at the highest marginal rates. Of course you don't understand this so you don't realize that that is the worst possible outcome, you would easily lose far more than your 80% current losses

>>58183729
95% (probably higher) of my silver and gold I can sell without paying a penny in capital gains tax. Try harder shill

>>58183729
>le 80% losses!
Buying bullion is not like buying are car that instantly depreciates when you drive it off the lot. The losers in stacking are paying the highest premiums on fractionals and memebacks. Government-minted coins and, to a lesser extent, the rounds are fine. Ingots come with the lowest premiums but have reputation for being easily counterfeited.

>>58183793
>95% (probably higher) of my silver and gold I can sell without paying a penny in capital gains tax.

Because you don't have a gain, lmao at you scam victims. But in your fantasy world where metal moons the government will come after you retards hard for taxes, yall are public enemy #1 with your racism and jew hatred, you all post evidence here daily like idiots it's all in a database

>>58183796
>Buying bullion is not like buying are car that instantly depreciates when you drive it off the lot.

So you are saying that the retards who paid 40 or 80% premiums in 2020 didn't take an instant loss? Yall were bragging you would get the premiums back when you sold. None of you understood that premiums go up and down despite me showing proof of that fact

look at this scam wick o nthe minute chart bros. i hope they coom it up again before the close

>>58183667
No, I meant deflation. In the event of a recession + deflation event, the value of the dollar will go back up. That is the time to sell silver, because the value of silver will go back down. As long as inflation continues, the value of silver will keep going up. The whole point of keeping silver / gold is that you can trade them for cash when shit hits the fan.

>silver ratio continues to climb
>gold just hit the 122:1 mark
Congratulations!

>>58183948
Sell?

I’m edging to this price action. Are they going to ((announce)) a bank failure this weekend or something?

just
keep
stacking

>>58183729
>don't buy PMs cuz, uh, you'll have to pay taxes on your massive gains!
excellent FUD. I approve

why is this thread so slow? i thought people would be gooning to gold ath weekly. zero energy from you boomers

>>58183729
That is not what IBIS World Says

>>58184240
Because we all know it is only going to ath because China is just buying up all the gold from anyone and everyone in an attempt to gain further influence for BRICS

>>58184240
Because these thread are full of silver shills who don't understand the markets and hold onto super copium of some silver squeeze when in reality that shit is never happening again. And what we are seeing is a full divergence of silver and gold as banks continue to stack, and silver continues to trade sideways like it has for the last 4 1/2 years. The 50 dollars was an event that will never be repeated.

>>58184240
Because most people who fell for the retard rock scam realized losing 80% wasn't a good idea. All that's left here are low iq racists who can't do basic math and they are all poor

>>58184319
GSR is still below 90, not sure where this meme of "silver isn't doing anything" is coming from

>>58183881
So you are saying every investment is tarnished by the people who made poor financial decisions at a given time? Way to poison the well, gaylord.

>>58184137
Keep
Just
Fren

>>58184212
>don't buy PMs cuz, uh, you'll have to pay taxes on your imaginary gains!

It would be funny to have hyperflation to see you tards get wrecked but sadly it's not going to happen

So many shills. So much fud. Can't stop us from stacking glowfaggots.

>>58184319
>silver squeeze
I am just betting on inflation continuing to increase perpetually from bad monetary and fiscal policy. If the market demand for silver has an upturn that is a bonus.

>>58184319
>in reality that shit is never happening again.
>happens every 10 years like clockwork
>the slight bump in price in 2021 didn't even register as the 10 year event
>50 dollars was an event that will never be repeated.
>the $$$$ will never lose half its purchasing power!
>the $$$$ lost half its purchasing power in the last 4 years alone
>silver didn't double even when the dollar halved
>silver will never catch up to the failing dollar
Meanwhile those of us that live in the US and actually use dollars every day know you're an idiot. You could buy anything from toilet paper to canned beans to silver or gold and we guarantee they will go up in value against the dollar.

>>58184359

>>58182976
holy jew advertising
money metals and SD are legit though but Apmex winning is wild, JM went down hill too

>>58184410
;)

>>58182978
Doesn't this look kinda like those birth control dispensers? I'd rather have one of those Pez stackers. Maybe I'll treat myself to one one day.

>>58183983
Are we having a 400:1 party?

>>58183667
Funny money can't truly do what it alleges until it's accepted as a currency itself rather than as an intermediary. No government will allow that, so it can't happen without a collapse that would also put PMs at the front of people's minds.

>>58184425
apmex can have good deals
I bought a shit ton from them at spot last year around Christmas time

>>58184319
That is not what the 2024 silver commodity survey says

>>58184340
No, I'm saying that the same retards who bought in 2020 and lost 80% are still here giving advice and bragging how they lost 80% but trust me this time bros

>>58184240
Im waiting for €5k+ before i spring a semi, Ive been waiting for a long time for this pump and its going to have to be a significant pump to get me excited.

>>58184464
That is not what the 2023 silver commodity survey says

>>58184467
true
we're just getting warmed up
the main event is coming soon

>>58184464
>No, I'm saying that the same retards who bought in 2020 and lost 80% are still here giving advice
it's funny that you believe that.

when you first started trolling the thread 3 years ago that was probably true.

>>58184467
If you wanted a pump you should have bought bitcoin like I told you.....easiest profits ever gramps

>>58184563
BTC dropped catastrophically the day after you told people to buy it. You're the worst.

>>58184584
It's not too late Bob, even old farts like you can buy bitcoin with your brokerage accounts /biz/ hero Larry Fink made it all possible. Sure you missed out on 70% easy gains but it will still go up 10X from here

imagine buying BTC at $70k hoping for a 2x lol. just buy gold

>>58184618
>Sure you missed out on 70% easy gains but it will still go up 10X from here
I like that you think that's enough.

Anyone know if all the markets are closed for good friday lads?

Gold at 3430 AUD, a new ath. It just always goes up in my failing currency.

>>58183562
Do you pay taxes for gold in your country? wtf

>>58184757
Yeah, but it is not real profit, it just keeps roughly the same value, while all else gets inflated. IMO there is no profit to be made, only saving, which is still usefull.

>>58184425
APMEX is one of those places you have to actively watch. I got some good deals on antique sovereigns off them, but if I'm buying bullion I'll just price search and eat a 1% premium.

>>58184679
Yes
https://opentoday.net/comex/

>>58184815
people who say this act like everything is inflating in price at exactly the same rate at all times... that is not reality

>>58184815
Have you tried measuring everything else in gold?
Stocks, bonds, crypto?
You'll notice they keep going down.
So instead of losing with something else, just retaining wealth puts you ahead a lot in front of everyone else.

considering the jews are bringing about the end of the world with their 3rd temple red heifers, what should I buy?

>>58185019
this one seems appropriate

>>58185051
seems like a good choice.
nice looking coin
(shame about the Euro)

>>58184883
Thanks

>>58185054
>(shame about the Euro)

>Sir, What is this you have in your luggage?
>Its a 1 Oz Spanish Gold Coin
>Well you owe us this amount as that amount is the value of Gold
No i dont as this coin clearly has €1.50 written on it therefore i only owe this shitty amount
>Ah, right you are sir
>Be on your way as we dont bother going after tax money of that shitty amount

>>58185125
kek. just not a fan of the euro i guess.
their money looks like a 5 year old designed it
and it ruined Ireland. a £1 coffee became 2 euro overnight.

>>58185171
>and it ruined Ireland. a £1 coffee became 2 euro overnight.

Im well aware of it

>>58184757
Gold is going down against your currency.lmao you forgot about interest and Inflation . It's so easy to be rich if you stop falling for the scam du jour. Thank the gods I don't

If a stacker anon wanted to impress a femanon stacker, what pieces would he have?

can artists on spotify see the users who have their songs in playlists or high play counts, or something like that?

>>58185225
>spotify
100% .mp3s for music right here.

bought another silver kilo today

>>58185269
I like how you posted a pic of it to back up this claim.

>>58185293
don't tell him what to do

>>58185202
nice collection fren.
think my parents have some old punts laying around somewhere.

>>58185304
did you just assume their gender?

>>58185304
Did you just tell me what to do?

>>58185304
>>58185389

>>58184998
>what are dividends

>>58185211
You are such a tired worn out cunt

>>58185252
i wish there were mp3s to download or a site where i could pay him to download them. used to be on youtube before they got yanked, and now pretty much only on spotify. small artist. only about 80k listeners a month. had a different profile picture last month. had the songs on repeat for a lot of work days. profile picture now mimics mine almost exactly. seems strange.

>>58185430
little bribes to get you to park your money in worthless stocks

>>58184442
holy fuck I need rounds like that

>>58185304
>>58185389

>>58185467
I dunno man, looks like they add up to a lot of money.

>>58185535
hopefully you are able to survive the next decade to see how bogged you will be

>>58185535
why not just use the oil ticker for this example. is the purpose to seem more uninformed than you are?

>>58185551
I'm trying to be generous and use the most basic boomer investment, yes.

>>58185433
https://spotifydown.com/
Or just Google Spotify to mp3, there's others. I pirate everything I listen to and watch. Never paid for streaming in my life and proud of it! More $ to shovel into PMs.

>>58185433
Who's the artist?

>>58185535
just because they pumped money into the stock doesn't mean it's worth anything
you should be exiting and getting commodities like gold and silver
but you won't cuz you're dumb
and it's the same story for 99% of stock investors
they're about to lose everything

>>58185673
If you are going to live in poverty at least choose a good investment instead of garbage rocks

>>58185689
>Wah wah wah I've been wrong about everything for 10 years why won't people listen to my terrible advice

>>58185689
I don't have any money in S&P 500 related products since 5200.

>>58185734
good. don't

just because they pumped money into commodities like gold and silver doesn't mean it's worth anything
you should be exiting and getting stocks and crypto
but you won't cuz you're dumb
and it's the same story for 99% of "precious
metals" investors
they're about to lose everything

I am very Le Big Smart

>>58185812
that's where you're wrong bucko
they can't take away value from gold and silver atoms in your hand
they can do it with electronic "stocks' (not even real stocks) very easily

Any updates on the pirate rounds?

>>58184436
>Are we having a 400:1 party?
Absolutely. Thoughts on what we should watch party?

>>58185996
Looper.

>>58185866
>they can't take away the gold and silver atoms in your hand

Kektop

>>58186088
>the government will steal your gold
>but it's totally worthless bro

>>58186110
>fiat is worthless
>but you can buy valuable gold with it bro

Would it be too cocky to wear an Asahi kilo bar shirt?

>>58186088
>>58186110
Rekt

>>58185202
Nice collection.

>>58182864
>Gold and Silver are both mooning
is this it?

>>58186088
>keeping your PMs in someone else's vault

>>58186207
it unironically feels different this time fren

>>58186215
That's silly

>>58186215
>tyronne keeping your pms

Although your miniscule stack isn't worth stealing

>>58186255
>miniscule stack

>>58186088
https://ij.org/press-release/innocent-security-deposit-box-renters-demand-fbi-return-missing-property/


when the govt is a criminal mafia thug organization

Is buying gold antisemitic?

>>58183861
why should I love middle eastern people as a Canadian?

>>58186278
based whole stack pic poster

>>58186289
yup
they want you to buy bitcoin

been ridin' down this dusty trail.

>>58184338
It's at 90, and it seems to be the new normal. 90+ have been breached 4 times already in the past 3 months. If we don't take into account the times it occured during the scamdemic, the only times 90 have been reached was in 1991, 1992 and 1993.

It's undeniable gold is vastly outperforming silver since 2016, to my greatest disappointment. Silver fundamentals are better, but only the lexes (as per written laws) matters in this day and age, and laws favor gold, since only gold is considered physical money by central bankers.

To reverse this trend the usus of silver (as customary law) would have to be backed by our central powers. If tomorrow few central bankers announced they started to stack silver alongside gold (as they used to), i've no doubt silver would catch up with gold within days, and by mimetism others CBs would follow. But how realistic is this scenario?

Our best hope of this occuring would probably be the chinese central bank at this point. First as a power move, to show to the world they now have the power to set their own rules, and second as a flex on the western world, to remind them China never forgot about the Opium wars' humiliations (back then China imposed a silver standard to the world, as they were net exporters and only accepted silver as payment for their tea/porcelain/spices/etc.., the G:S ratio even fell to 1:1 at some point because China was vaccuming all the silver in the world).
China always had a silver standard first, they accepted a gold one because we forced them to. To revert it to silver (or bimetalism most likely) would signal to the world the western parenthesis is over, and China is back at n°1.
And thirdly, because they themselves are the 3rd largest silver producers, and i wouldn't be surprised if their mountainous regions in the north hold more reserves than publicly announced.

But as long as the law only give recognition to gold, the gap will only widen and silver will be left in the rear mirror.

hooooo the wheel in the sky keeps on turnin'

>>58186278
The only thing impressive about that is your dedication to losing money. Lmao and those proof sets geez louise . Sell all that garbage and buy .01 bitcoin

>>58186460
Is buying gold antisemitic?

>>58186337
No they want you to buy silver, then you will be perpetually poor and a loser hiding in the basement praying for muh collapse, no threat at all to your owners

>>58186480
So it isn't?

>>58186470
What a dumb question only a low iq racist retard would ask. Who are you paying the premiums to, who gets a lambo at your expense? The guy you hate.

>>58186511
What do you think of russians?

>>58186460
>Sell all that garbage and buy .01 bitcoin
Kek, it sounds so ridiculous and grotesque when worded like this. Imagine if somebody came before you and told you
>here is a treasure chest full of gold and silver
>and here is a random string of number on a computerized ledger made by an unknown entity who was valued at $0.01/btc a decade ago
>you can only pick one, choose wisely anon!

>>58186522
They're in too much of a hurry all the time.
they should really just slow down a little bit.
no need to be rushing around all the time.

>>58183621
Yes.

what happened to oldsilver ru? are they still around?

Heeere's the mail it never fails it makes me wanna wag my tail,
When it comes I wanna wail, "MAILLLLL"

Is gold about to get the cocoa bean treatment bros? It sure feels like it.

>>58186542
He lost 80% on that garbage and continues to lose on the new garbage he's buying and you, another scam victim, all u can think of is "muh shiny rock, computers aren't real" I choose to live in reality

>>58186602
What do you think of russians?

>>58186567
>are they still around?
Nope. The customs wouldn't let anything coming from Russia filter through so he had to stop his activities.
And since this "postal blockade" is true for the entire western world, russian numismatics skyrocketed in value in the EU and the US. Each time i put some silver rubles/kopeks on sale on ebay it's gone within 48 hours.

His prices weren't very attractive (especially on nazi stuff) back then, but with today's prices his soviet & czar era coins would be the cheapest online.

>>58186608
>customs wouldn't let anything coming from Russia filter through so he had to stop his activities
did this happen after the ukraine invasion?

my russian visa is still good, was thinking about going over there this summer and picking up some pm's to sell on ebay. would have to be recent stuff tho (post-soviet era) because i don't feel like rolling the dice with customs

>>58186602
Why are you so afraid of this question? I like them >>58186604

>>58186640
>did this happen after the ukraine invasion?
Yep.

>would have to be recent stuff tho (post-soviet era) because i don't feel like rolling the dice with customs
You don't risk anything, it's been demonetized a long time ago, legally it's the same as if you imported recent stuff. If i were you i'd do the opposite and only target imperial or soviet era silver, you'll make a killing once back home if you could get those for spot price in Russia.

>>58186460
https://i.4cdn.org/wsg/1711678074465243.webm
ding ding ding ding
I wonder if this sound will drive ((them)) crazy

mmm, butter

>>58186797
Kek, everybody stopped posting for a while after that.
The silver pinging sounds sure makes them mad.

>>58186088
Is america a kleptocracy?

>>58187086
Lmao the shitty steak poster is back should have bought peepee coin instead of mintys frogrounds

What times do smashes take place in the morning? I think 10 am was one of them?

>>58187279
Is eating steak antisemitic?

>>58182976
>no monument metals or bold
Fucking Christ, it’s like you want to overpay on shit.

>>58187336
+ LibertyCoin
+ Bullion Exchanges

>>58186281
>Months later, they received notices stating that the government was seeking to keep their property forever through civil forfeiture. Don hired an attorney to fight back while Jeni and Michael joined an IJ class action lawsuit.
>After effectively proving his own innocence, the government gave up on forfeiting Don’s savings. But the FBI did not return 110 gold coins stored in the box. In fact, the FBI’s inventory receipt for his box did not list any coins. But after Don sued, agents conveniently “discovered” 47 of the coins that had gone missing and returned them.

The absolute state of this government's racket...
>illegally search through your stuff
>illegally seize your stuff
>tells you they will keep it all for themselves
>guilty until proven innocent, even tho you never were accused in the first place
>months fighting in court (spending god knows how much in legal fees) to get back your stuff from the FBI
>they only give you back a fraction of what they stole from you
>pretend the rest never existed

In a way it's a good thing because this kind of shit makes people distrustful of both banks' vaults and the government.
As the government get always more corrupt, thuggish and desperate for cash, you can be sure there is a glowie team rn brainstorming about how use a legal loophole to seize all PMs hidden in vaults through the nation.

>>58187336
I am waiting on a delivery from Monument Metals. I heard the customer service is phenomenal; the premiums are comparatively low, though not the lowest. I rather pay a little bit more for better customer service.

>>58187392
B-b-but we are not a kleptocracy
Our think tanks said so

>>58186430
if 90 is the new normal, and gold moons, then silver will go up with it, dumbass

>>58186281
What a garbage government that turns a blind eye to corruption and uses internal audits to claim it is blameless. Why would the FBI seize innocent people's "worthless rocks"?

>>58187448
>then silver will go up with it, dumbass
No it wont, that's the point, cretin.

>>58187551
What do you mean?

>>58187279
im not him. first time i've ever posted food here. maybe you spend too much time here lmao

>>58187593
Its just a zionist troll. Ignore.

>>58186455
dubs, based, and comfypilled

>>58187612
:)

>>58187563
I couldn't be clearer here >>58186430
Until central powers acknowledge silver as money, gold will outperform silver.
Until the 2000s both metals were moving more or less in tandem, but that's not the case anymore. Imho this decoupling not only is a result of paper silver, but also comes from boomers back in the early 2000s were the last generation to remember paying with silver (and not just in the US, all nations abandoned silver coinage at the same time).
But the current boomers are too young to remember paying with silver, so the metal vanished from the collective's mind as being a legal tender. Our government/banksters/industrials slowly brainwashed the people into considering silver as nothing more than a regular commodity, while still preserving gold's status as the only store of value.

t. 2000:1 ratio stacker.

>>58186123
that's pimpin'

>>58186399
>post 64
You are like little baby

>>58187684
What's the use case for silver as money? You can make plastic wrapped gold pieces in any useful denomination and verify them with cheap computers. Multi-metallism was incredibly harmful for the underclasses.

>>58187684
>2000:1 ratio stacker.
based beyond belief

>>58187749
How did it do that?

>>58186511
who makes money when I buy gold?

>>58187684
>But the current boomers are too young to remember paying with silver,
nah, we paid with silver. It just wasn't worth much more than the clad coinage at the time. It circulated for at least a decade after 1964. Got pretty rare in the 80's though.

the bigger problem is that current boomers remember silver as money worth the same as money circulating at the time. And it's human nature to think money holds the same value as it ever did. We pretend prices went up, not that money went down.

We never had gold, it was illegal to spend and own prior to 1975. So we never had the illusion that gold was just money the same as any other metal. We always considered it treasure, and contraband. Silver we thought of as junk.

>>58187448
No one gives a shit about ur ratios cletus golly gee wilikers u tards latch onto every dumb merchant talking point

>>58187749
There is no use case for silver or gold as money

bullish on eth

Why are jews so racist?

>>58187749
yeah so you have a silver standard like the fucking largest and most balls draggin' across the oceans empire of the last 1000 years:
The British.
lol

no way this ishappening

I don't own any precious metals (yet), but I just came to say congratulations friends. You've made it, and by all accounts, will keep making it.

>>58187684
The other problem boomers have with silver is a shitload of them bought silver in 1980... AFTER the ATH. They got burned bad and a lot of them never touched silver again. Also went around warning the kids not to buy silver. A lot of us will STILL warn you not to buy silver, even 44 years later.

helllooooooooo

Beware the anti-silver D&C shill
100ag:1au is the way

>>58188006
Then it happened again in 2011 and now everybody is re-traumatized by the nature of having to go all in on a trade that is really all or nothing.

>>58188018
the upside is we're due for it to happen again any time now.

I'm so bullish on silver money that it hurts

>>58188022
Are any banks buying silver?

>>58188022
yes, it could happen any time. a spike that makes $50 look like a joke. that is the nature of silver. it is gold's erratic, volatile cousin. it's gonna surprise you.

>>58188022
This is the last time dude.
i hope people understand how fucking wild this is going to be the USA and the Fed are not going to stop.
AOC's gang is going to get control of that printer and the dollar is going to get absolutely annihilated, and that might be before or after all the dollars around the world come home to make your Lucky Charm's $50/500grams.

>>58188031
>Are any banks buying silver?
why would they risk something that almost landed the Hunt brothers in prison?

>>58187879
>underclasses mostly hold silver and base metals
>rich cunts manipulate gsr
>call debts in gold
Even if you don't have the debt you still feel the inflation. Bimetallism sucks.

>>58187987
The British only made it work by legally preventing export of gold coins. You might get a few people bootlegging sovereigns out, but for large scale trade you had to deal in foreign coinage or bullion.

>>58188049
Because its worth it

>>58188061
>Because its worth it
prison sucks. Bankers don't care for it at all.

someone outside the US could do it though. Not sure why nobody has tried it. It would be a relatively easy market to corner. Tiny supply, huge leverage.

>>58188061
based

never forget who you are, /pmg/
these next few months will be wild
do not underestimate what riches can do to a man
you must remember who you are right now
before the great fiat rugging
before you became... Kings

bull run

>>58187749
Bimetallism is only a problem when government sets the ratio by fiat. If metal values are allowed to float against each other, it's not a problem.

hellooooo

>>58188064
I don't know either. I don't think its worth it.

all it takes is a person to hold a silver coin in his hand to realize it's valuable
all this talk of "why silver" "bimetalism bad" none of it matters. we are HARD WIRED to love silver and ultimately use it as money.
just look at the periodic table. elements in a column are called being in the same family. Silver and Gold are connected by blood (and so is copper).
imagine the arrogance of thinking you can just undo thousands of years of history. the best analogy for silver is that it is a beachball being held underwater. and silver is held very very deep underwater. we all know what happens when you finally let go.

>>58188094
>pmg
Puhmuhguh

>>58188097
Government trying to guarantee a ratio just moves the burden from the poor to the middle class. The fundamental problem remains as long as someone is rich enough to manipulate the GSR.

>>58187935
>the bigger problem is that current boomers remember silver as money worth the same as money circulating at the time. And it's human nature to think money holds the same value as it ever did. We pretend prices went up, not that money went down.
Good point, that surely play a role in how boomers perceive silver to this day.

>>58188141
you're not gonna argue your way out of using silver as money. it's just not possible. monkey brain love silver.

>>58188146
>that surely play a role in how boomers perceive silver to this day.
most boomers don't even watch the price of silver and would probably have a heart attack if they looked at it now.

guess what happens when people get priced out of gold. pic related

>>58188155
kek
What would it take for boomers to consider adding silver to their portfolio to your opinion?

>>58188149
Thats not a great argument
At least gold is useful in industry

>>58187935
>baby boomer doesnt know history
lmao, you owned gold in the bank

>>58188200
>What would it take for boomers to consider adding silver to their portfolio to your opinion?
the instant it breaks a new ATH boomers will buy the shit out of it. Then they'll lose their asses on it AGAIN. The FOMO is strong with that crowd.

>>58188201
>At least gold is useful in industry
>he types on a screen made of silver

>>58188200
silver is better for trading

>>58188221
>you owned gold in the bank
lmfao

>>58188146
The value of silver coinage was fiat in boomer times and before. The government claimed 16.6 oz of their magic silver was worth 1 oz of gold, and that was never the case. They debased the coins when it got close.

>>58188226
Yeah you lose 20% on every transaction..brilliant.

>>58188272
transaction? you dont buy dollars with it stupid, its meant to be traded directly for goods as coins

>>58188284
Dont feed trolls
Theyre arguing in bad faith
Just ignore

>>58188284
Your problem is we already have a better currency, $. That's what people use, no government wants silver as a currency, if they did it would be used none of you can explain why the usa would use silver why would any country use silver? Stop listening to coin merchants they are scammers

There is no collapse

There is no hyperflation

Silver is not money

Silver is a terrible investment

Everyone here lost at least 80%

None of youmade a profit

>>58188398
>>58188394
Meds. Now.

>>58188398
>Everyone here lost at least 80%
math is hard. ironic considering you post here more than anyone else.

The reason you buy silver is you are depressed about your shitty lives

None of you are happy

None of you are successful

All of you are poor

THATS WHY YOU PRAY For a c ollapse

So you fall for an obvious scam buy this shiny rock, get houses, lambos, virgins ..lmao, not gonna happen, you lost 80% and are still broke, depressed, incel etc

You have to go outside and get what you want...rocks are not the solution to your misery

>>58188429
Less posts makey
More meds takey

>>58188428
Post your receipts if you made a profit, I will do the math for you since you low iq racists have a problem calculating

>>58188429
We don’t pray for a collapse, IQdelete

It’s just that it’s mathematically inevitable. If you think the current levels of debt creation are sustainable then you’re financially illiterate

Silver has to more than quadruple for you to break even on mintys frog rounds....kektop

>>58188437
Why are so racist and hateful? Did whitey fuck your crush?

>>58188448
Silver scam victims in the 1970s said the same thing....now they are down 98%

I'm going to earn interest on my silver said no one ever

>>58188448
Net payments are 800 billion but it has to keep going up fast for it to be a problem

>>58188394
countries use physical means to stabilize their currency

>>58188488
A trillion dollars in interest when annual receipts are 4 trillion is absolutely unsustainable and interest rates will drop this year sparking the biggest precious metals bull run in history.

>>58188149
Where did the pmg coins come from?

>>58188562
Why?

>>58188570
Cutting interest rates while inflation is high will destroy confidence in the dollar.

>>58188610
Interest payments used to be half the receipts

>>58188610
So what is the unsustainable threshold?

the NIIP of the US is in free fall again
https://fred.stlouisfed.org/series/IIPUSNETIQ/

>>58188714
>the top limit of the graph is $0
only in clownworld

>>58187684
Can you elaborate on what the ratio means for a new stacker?

>>58188815
And greece

>>58188826
Very simple : it's gold value divided per silver value.
G:S ratio at 90 means you need 90oz of silver to buy 1oz of gold.

Thing is, this number is completely fucked. Historically the ratio was set at around 1:15 by most nations, as it is close to the natural concentration's ratio below ground.

But currently the mines' output ratio is set at 1:8 since over a decade now (we only extract 8oz of silver from the ground for each oz of gold). And since silver is a metal who aggregate toward the surface, the deeper we dig, the less we find, while gold is more evenly distributed in the earth's crust.

>>58188826
think about fractional reserve banking. bank has $500 in cash, and 10 people make an account with the bank, each person takes out a loan for the $500 in cash. since most spending occurs using credit, people dont have to withdraw the money to cash in hand to spend it, this means the bank can effectively loan out the money and keep the illusion of "yes you can withdraw the money in cash if you want" but this relies on this rarely occuring. see theres $5000 loaned out but $500 in real cash. Same with silver on the market, people trade with silver "credits" which can in theory be cashed out, but people rarely do so. There is say 1 ounce of silver in the vaults for every 100 ounces existing in the markets. this means silver in hand is worth a lot more when it comes to a physically useful product. Its a game of musical chairs where the music is silver "credits", when the music stops and people go to cash out, many people will be caught out since there just isnt enough silver.

>>58188857
So, as it stands its better to have a ratio that skews heavily in favour of silver?

>>58188826
oh mb anon see this guy>>58188857
I just fixated on "paper silver" and assumed that was the ratio in question

>>58188864
How does the gold tie into this, and what sort of timeline are we looking at realistically? (ie will this be something me and mine can profit from in this lifetime or is it dependant on intergenerational wealth accumulation)? Thanks for answering these questions anon

>>58188871
Depends on your strategy.
Many silver stackers consider this 1:90 ratio to be pretty absurd considering the physical output ratio is sitting at 1:8, and think it's bound for a correction.

So, many frens -myself included- loaded up on silver expecting this ratio to tighten and come back down to a number more reflecting of reality.
But instead of a correction, the gap get wider every passing day. Which drives me nuts.

>>58188887
as for gold, the higher ratio is mainly a bit concerning for goldbuyers, it indicates overvaluation of gold in my view, some silverbugs see it moreso as silver being undervalued, ie when the ratio snaps back to what would make sense (1:15) is it a collapse of goldprice? or silver squeeze (silverbug opinion)?
paper silver and gold is meant to preempt silver price movements, but given how huge these markets are now, you need to consider that paper silver and gold are driving the market instead of speculating on it. So, investors spending huge amounts of money on what seems to be an attractive offer (1 billion ounces of silver) and because no one is actually having this much silver taken from their hands the price doesnt move, the supply of paper silver and gold is inflated a ton. This is a reason people say precious metals are artificially cheap. Whether this is doing anything specific for gold vs silver I dont know.

>>58188961
>>58188887
It may mean something big if bullion dealers collectively decide to completely dissociate from the paper silver market's manipulated price, which is WAYY more likely for silver than for gold. Who knows what will happen but for now I would slurp up as much physical silver as is comfortable for you. I personally hold savings in silver and avoid the banks

I like to move it move it

Remember bros, the FED uses paper silver to keep the spot price above $3.50 which is the real price of silver. They don't want you to know silver is near worthless that's why shills like Bob , Jesse and this guy>>58188961 SPEND THEIR DAYS fluffing silver.. so basically buy silver to prop up the economy eventually you will get the presidential medal of freedom or at least a Federal Reserve challenge coin in silver of course since it's cheaper than copper or a useful metal like zinc

>>58187737

>>58189227
At this point this is just mental illness

"I'm so glad I diversified my wealth into gol-"

>>58189227
>real price of silver
I think you mean real value. The real price would be whatever you see on a price tag, ie the /price/ of a silver coin might be $32 but what youre talking about is the /value/.
does that help?

>>58189283
just acoustically test your bars with ultrasonometry. gold with tungsten in it is easy to detect

>>58189327
Not to mention the weight/ volume would be way off if they used that much tungsten and no reputable dealer would ever be caught buying or selling one.

>>58189332
nah thats where theyve got us, tungsten is almost exactly the same density as gold.
I believe you can also electrochemically test whether the gold is pure or not. because theoretically a gold coated tungsten bar acts as a very weak and leaky capacitor, while pure gold has no such properties

>>58189327
>just acoustically test your bars with ultrasonometry. gold with tungsten in it is easy to detect

Not a precise science, a mixed bar will throw off a detector

>>58183861
Jew detected

>>58189350
I don’t believe that would pass resistance testing

>>58189350
according to what, some shit you just made up in your head

>>58189385
>according to what, some shit you just made up in your head

pretty much, I only heard of ultrasonometry 10mins ago

>>58189283
Damn bro, you got scammed too? Don't worry, it's still worth it we are fighting the system and spreading the message once we make it we will look back on this as the good days

>own 13 Morgan dollars
>don't think I'll buy peace dollars
>order 5 peace dollars
>mail arrives
>don't think I'll buy more
>order 10 more peace dollars
Guess I'll own 21.5toz in silver dollars now.

>>58189677
Good job , almost $209 in silver or about as much as a person can earn at McDonald's in one shift; you are an inspiration

crypto nerds will seethe

>>58189800
>$209 in silver or about as much as a person can earn at McDonald's in one shift
Show me any McDonald's paying that much and I'll sign up for 20hrs a week.

>>58188054
>bimetalism sucked
what kind of retarded FUD is this? crime of 73 makes it clear that the elites fucking hate silver and gold competing with each other

>>58189350
naw, a sigma would register that as not being pure all the way through. youre a fucking retard is all

alos, those photos are older than fuck; google some more shit why dont you

I dabbled a bit in Crypto and it seems like most of the coins are just scams, already got rugged hard on Luna28. Should I just liquidate my portfolio and buy two sovereigns? Initially put in £1,500 so I've lost half my money (with £300 of that in fees) and it's not really that fun. Checking the price every day, rushing to sell before a rug and what not.
I'm currently on about 300 oz silver and 12 oz gold and this was just pissing about money so not too worried about the losses.
Lesson learnt though, crypto really is a scam.

>>58186430
>G:S ratio even fell to 1:1
I think my dick would literally explode if this happened.
But that's ok, because I would be so rich I could buy some post-op troon's dick to replace it.

>>58187934
>who makes money when I buy gold?
Jews literally 'make money', regardless of who buys what.

>>58188065
look, I appreciate the novelty of the technique, but I'm just not buying coins with non-whites on them!

>>58183948
>whole point of keeping silver / gold is that you can trade them for cash when shit hits the fan.
Fake and extremely gay.

Decided to have a silver desk piece for the office. The non-silver half dollar I found in my deceased grandpa's house when we were cleaning it out.

The only real dollar in the bank now lmao.

>>58183562
>>58183729
Your memes are as shit as your opinions. Gold and silver are king. Fuck outta here nigga.

helo
euro /smg/ here
just bought my first batches of precious metals
im now 1 oz silver and 6g gold worth
wagmi

>>58187086
crying on the inside because of burnt butter. you need to sear both sides then baste on low heat!

>>58190816
i pan fry mine in olive oil after seasoning.
then only add butter directly to top of steak during last few minutes of cooking.
if my kitchen wasnt being demo'd rn i do it differently.
elec. hot plate cooking is hell

>>58190814
lol

>>58189327
>>58189344
>>58189373
Please stop feeding the trolls. Nobody needs to buy a metal testing kit and run their shit thru a gauntlet of tests for purchases from reputable dealers like JMB and SD.

>>58188871
That's the current /pmg/ schizo-meta. The unspoken goal is to swing into gold when the ratio corrects though, so going way heavy into silver may not make sense if you already have money or otherwise aren't inclined to bet on a correction. There are a lot of unknowns and no one can see the future, but you'll want SOME gold and SOME silver no matter what you do. I think generally, the more wealth you have the harder it makes sense to lean into gold.

>>58191004
And boomers need to stop trying so hard to save a few bucks while getting burned on shady eBay purchases. Stick to the reputable dealers. Then you don’t have to worry.

>>58190814

>>58190412
Crypto is a scam in general, most coins (and especially meme coins) are a scam within a scam, ya dun goofed. Gold is a good buy, but you could also consolidate into ETH or BTC with a stop loss and pray. This isn't the thread for further discussion so no more replies from me though.

>>58190763
This is hilarious. BTW, look at the gold chart. It's going crazy.

>>58190816
i literally could not care less. i do my popcorn the same way

>>58188864
this reply has nothing to do with the GSR.

>>58188904
>the gap get wider every passing day. Which drives me nuts.
same, fren.

>>58188961
>would make sense (1:15) is it a collapse of goldprice? or silver squeeze (silverbug opinion)?
It doesn't matter.

If/when the GSR goes back to 1:15, I'm trading in all my silver for gold, even if silver drops to $1 and gold to $15.

An LCS ended up getting some 1/2 ounce TD rounds and is selling them for spot. It's a pleasant surprise even if I've seen RCM 1/2 coins also go on sale for spot. Usually fractionals cost more over all. Real tempting.

>>58183499
>as gold continues to set new record highs
>oh wow I'm going to piss myself with joy over a +1% rise
Sorry retard, I own both and measure value of both types of my boomer rock in ounces not fiat numbers.

>>58189800
$13 + $5 + $10 = $28, not $209, moron.

>>58191154
gold markets are closed today, bro.

>>58191411
>Real tempting.
Fractionals that aren't junk? At spot? It'd be nice if the design were more interesting, but why have you not hopped on those?

>>58186123
get built and wear an asahi kilo on a sturdy chain
at least while people have no clue of its value

>>58187593
That's a great round. Happen to remember the name?

Not sure how to balance gold in a bugglehead portfolio
Is 70% VT, 20% BNDW, 10% Gold, good enough?

>>58190292
The coins were already debased in 65. The US hasn't had real bimetallism since the 19th century, and it was a disaster back then. 20th century silver coinage was always fiat except a brief period in the 60s.

>>58190412
Crypto is like any investing: you have to do your research and still only put in what you're willing to lose. It's also a bit of chance/fortune because there are SO many to look through with the limited time you have after work.
A few weeks ago I was thinking of cashing out and having waited I could cash out right now for twice as much gold. Frankly, last year I could've hit it off big and I didn't because I thought I'd need the cash for IRL worries. Wrong move.
PMs are far more certain in the medium and long-term for most people, but PMs are truly for saving more than anything (in this monetary system).
>liquidate
If your research on the current state of each project makes it seem unlikely that they will go anywhere, it wouldn't hurt to get more PMs.

>>58191455
I have other options. They got a bunch of fractional gold I have never seen available at any of the nearby shops within the period of time that I've been looking into PMs (little over a year now).

https://www.youtube.com/watch?v=SwwfKlZc3gg
>sale on reverse proof gold libertad
love the wildlife array

>>58191483
>>>/biz/smg/
If you respect Vanguard so much you should heed the advice in their year end letter to customers about what an awful strategy this is.

>>58188904
>the gap get wider every passing day.
this is false though

anyone buying metals this weekend?
i am in a good position to buy an ounce or two but im going to wait for prices to go down.

>>58192148
I am. The bull case for silver is such that I get anxious even contemplating trying to wait for cheapies. I have enough where I should be waiting, but in the end where I think silver price is going it almost seems silly waiting for a few dollar pull-back. I don't think there is a need to FOMO right now, but going to the LCS every two weeks makes me happy so I am just gonna do it.

>>58192148
>but the prices never came down

>>58187511
Don't you know the governments and glowies are taking 80% losses in their attempts to steal PMs from citizens.

>>58188698
The absolute brick wall is when interest on the debt exceeds all revenue. But the machine will collapse before that because foreign banks and governments are not stupid and will have bailed on the dollar long before that.

>>58192148
>im going to wait for prices to go down.
Dumb. Gold and silver are catching up to inflation and global turmoil.

>>58184815
saving what you have from being stolen or dissapeared isnt a net zero achievement. especially in times where most lose it all, to simply have what you had is a huge leg up.

>>58192236
>going to the LCS every two weeks makes me happy so I am just gonna do it.
That's just emotional DCA, hardly a bad strategy. I find the more I have the less reactionary and impatient I am, though. I have my seat at the table, I won't cry if there's a bit less gravy on the plate because I waited for the boat to come back around.

freshly baked and checked bread
>>58192399
>>58192399
>>58192399

>>58192386
>I won't cry if there's a bit less gravy on the plate because I waited for the boat to come back around.
This is the weirdest and most nonsensical boomer line I’ve ever heard.

>>58190324
It is MUCH easier to just counterfeit dollars than gold. That's why passable counterfeit gold is extremely rare and there are perhaps $200 million counterfeit paper dollars in circulation. Criminals are lazy and risk-averse.

And counterfeit dollars are going to explode once China dumps its dollar holdings. They will almost certainly flood the world with counterfeit dollars when they make their play for world currency dominance. I know I would. Fiat money is extremely vulnerable in this way.

>>58192414
It's a bit of a gamble, but if you're already secure you're not getting fucked either way and you could ultimately come out ahead. In that position, time is your friend. If you've got a small stack it makes sense to get while the getting is good.

>>58192148
>but im going to wait for prices to go down.
LMAO

>>58192485
no you were talking about boats and gravy lol

>>58192148
THEYRE NEVER GOING DOWN AGAIN! DONT YOU GET IT?!?!

hmm
an 88
a cat
gold

>>58192248
>>58192370
>>58192527
>>58192595
>t. bought silver in april of 2011

this seems like a lot, no?

>no rm starter set

>>58192621
>>58192655
are you just hunting for bad deals?

>>58192686
hunting for newly listed bullion. this is what i've found

>>58192621
>>58192686
this isn't eve that bad of a deal

>>58192148
>im going to wait for prices to go down.

I can’t wait to hit the scrapyard next week and then make my way to the LCS

>>58191631
>crime on 73; meaning 1873
bimetalism is awesome. it allowed farmers and laborers to BTFO bankers by pulling their own money out of their own land.