/biz/ - Business & Finance

Today I will remind them again..

There is only 17x more silver than gold on earth.
Gold is currently 85x more expensive than silver.
Most gold is already hoarded, banks never unloaded their gold after the gold standard collapsed.
Most silver is consumed by industry and ends up in toxic landfills because it is not cost-effective to recycle.
The price of silver has not increased relative to inflation.
Industrial silver consumption has been increasing faster than production for decades.
Many believe the price of silver is manipulated.
Most silver is produced in small quantities as a byproduct of mining other, more profitable metals.
Silver is the most electrically conductive element.
For many high-tech applications, it is irreplaceable.
You are still early.
When formerly well-to-do housewives are offering 2-for-1 deals with their questionably aged daughters, then you will know whether you have made it or not.

Whilst they do pic related, i stack the real thing.

>FED GOES BRRRRRRRRRRR
>GOLD PRICES GO BRRRRRRRRR
>SILVER PRICES GO BRRRRRRRRR
ITS HAPPENING! I BELIEVE! I BELIEVE!

So are boomers panic buying or panic selling?

>>58279521
>>58279551

Feeling mighty comfy bros

I'm up 3k since February how about you guys?

>>58279551
Agreed. How can I buy silver with the least amount of premium? The kunts here are charging a 30% premium on the spot price (this also includes VAT)

>>58279803
Spot + 30% is the REAL price of silver.
You buy it at that price and you sell it at the same price, that's the market price over there.
If they don't want to buy it back for spot +30% they're never getting that physical silver back.

>>58279756
BROS WILL WE HIT 27 TODAY

>>58279665
best meme I've seen on here in a while

WTF IS HAPPENING

>>58279834
I got my metals appraised and the jeweler offered 80% of melt, and then acted offended when I walked out

>>58279551

Reposting from dead thread:

>>58279551
I'd like for you to clarify:
>Many believe the price of silver is manipulated.
For the record it is.

Is actually ON RECORD TRUE:
https://www.reuters.com/article/idUSKBN26K321/
>In an unusual concession, JPMorgan also admitted wrongdoing in agreeing to the SEC and Justice Dept. settlements.

>>58279801
up 3k as well ,feels good to know we're going to make it with gold

>Stacking primarily 10 oz silver bars with the intention of trading them for gold when the ratio corrects itself

is this a good idea?

>>58279888
I would buy land in TN or something.

>>58279888
Those trips suggest so.

>>58279888
No one is going to trade down their gold for silver

Just hit $27

>>58279909
they will if Silver surpasses Gold

but at that point why would you trade silver for gold?

>>58279862
Yes, because he couldn't fool you for giving your physical precious metals for peanuts lmao.
They all try to make the impression it's a losing investment because "you buy at spot +20% and sell for spot -20%".
You just refuse to sell for no less than the same price they sell it for and you'll see how butthurt they become.

>>58279909
you've never set foot in a coin shop have you?

>>58279888
It's complicated.
At a first glace, it seems a nobrainer to trade 15 ounces of silver for 1 ounce of gold, but things have changed recently around silver, who knows what might happen. There might be the opportunity to trade 8 or even 3 ounces of silver for 1 ounce of gold considering how valuable it is especially when there isn't any around.
At the same time, in such a situation gold might be significantly more valuable too at the same time, it might be even better to buy land and real estate with your gold and silver because their bubble might pop at the same time precious metals are booming.

CASH IS KING
TETHER FAIRS BETTER
BITCOIN = KEKCOIN
GOLD WILL FOLD
SLIVER CAN'T DELIVER

https://www.youtube.com/live/4akbiaWqZxE

https://www.youtube.com/live/SupwxPuhYVI

> silver hitting past 27 USD an OZ

Silverbros and /PMG/ frens I don’t know if o should be excited or concerned

>>58279997
at a certain point when pm's are going up fast enough, you don't drive to the coin store you go to Bass Pro Shops and see what's on sale

>>58279997
Lads, it hit about $30 2-3 years back if i remember correctly, you need to pace yourselves, the real high numbers are coming.

>>58280045
>>58279997
If you look at charts from the last couple of days you can see gold and silver started rallying up right around the time the Israelis blew up part of the Iranian embassy in Syria. Monday morning US time.
There is speculation Iran might directly retaliate on Israel. I don't think that's likely, but it can't be totally ruled out.
If a giant war breaks out in the Middle East and oil flows are fucked, PMs are going to absolutely skyrocket and the global economy will collapse.
I will personally panic buy more long-term food, fuel, and maybe some simple barter items if it kicks off. Would even be tempted to debtmaxx.

post stacks

>>58280070
It has not been 30 since 2013.

Fuck bros I'm only at 800oz I wanted 1000 do I fomo buy another 200.

>>58280121
29.58 then, either way anons need to calm their tits.

>>58279997
both

>>58279967
I'm convinced that crypto was invented to rugpull normalfags when the time comes so the ones with all the profit are higher in power who were accumulating gold and silver. What are the odds that CBDC was just a psyop all along and the only thing that mattered from the start was precious metals?

I have a question as well, why haven't the US taken inventory of their gold in 70 years? How bad is this?

>>58280115
>There is speculation Iran might directly retaliate on Israel. I don't think that's likely
I think it's Biblical and guaranteed. Israel will piss off all the Arab nations probably by destroying the Dome of the Rock.
Israel will be surrounded and destroyed.

>>58279852
Bond market is cracking and the rats are fleeing to safety. Everyone's watching the boxing match that is the S&P 500 while not realizing the whole bond market stadium is about to collapse on their heads.

>>58280135

>>58280135
>What are the odds that CBDC was just a psyop all along
Programmable fiat money is the NWO's wet dream. They're real and arriving soon.

>>58279665
why is she posing in traffic?

>>58280128
Stay calm and just keep DCA'ing. Don't neglect other preps like food, brass, etc if you're not up on those either.

>>58279521
>no PMs in OP
gay but since fiat is indeed collapsing, i will allow it

>>58279897
I second this. TN is beautiful, not many wogs or jews and great farm land. Not bad winter. Has enough hill and mountains to hold up in. Whereabouts would be good?

>>58280131
it's ok to get excited boomer baker without PMs

>>58280070
the conditions now are vastly different than 2-3 years ago
it's not all about a single data point

Treasury yields RISING shortly after the BTFP ended. Meanwhile Japan is sitting on $1.1 trillion in U.S. bonds while their own yen is crashing and selling is looking very tempting right now, which could push yields even higher. Banks sweating harder than Kevin Garnett in the 4th quarter right now.

>>58280261
yup
shit is fucked
the can kicking is no longer effective

>>58280250
Every time I come in here there's someone saying the same shit.
Good luck with the $21-$26 quagmire for another two fucking years. Two months from now we'll be retesting $22, write down this post #.

>>58280316
>Two months from now we'll be retesting $22
Just in time to slurp

>>58280148
Is this real? I mean historically I can't argue. But can we really make it that big? What are the odds that this is true?

>>58280316
The feverous rate of paper tamping says otherwise.

>>58280316
There's no question that Silver is not a good short-medium term investment. But we are sure that it's literally a fucking FORCE with the financial powers that be. And that those money printers won't be able to print forever. So this is easily a 5~10 year investment.

>>58280343
Id say there is roughly a 100% chance of this happening.

>>58280343
literally
one
hundred
percent

>>58279997
Of course my pessimistic ass invested in the one thing that makes me feel like shit when it goes up.

>>58280352
>There's no question that Silver is not a good short-medium term investment.
Don't know about you, but I'm very much in the green on my silver

>>58280316
I hope so.
Next dip that hits I will buy out, luckily I started saving months ago to walk into my LCS and drop $9900 and won’t feel the to come back for a while. >>58280352
I started in 2021. I’ve had many other investments but PMs are the only one I bought and felt completely satisfied about.
Literally anything could happen and I get out ahead.
Nothing happens? No problem.
Happening happens? Not my problem.
It’s like a cheat code to never lose.

>>58280343
Never listen to the wild delusions of /pmg/. Stack silver and gold as a safety net, never more than that. They're betting on the complete collapse of the global financial system that's been propped up by the slimiest, most subversive people ever born on this planet over the course of two hundred years.
If you think they're going to let any of us cheat the system with impunity you're off your meds.

>>58280423
ok boomer

>>58280115
>>58280261
can some of you knowers shed some more light on the moves in metal prices (and other commodities, I guess) this week? My stacking has been a great 'set it and forget it' tool over the years, but it feels like the horizon is starting to shift now. Gold hitting new ATHs day after day, etc. Heck, even my miner stocks which have been nothing but trouble for years, are back in the black this week. It's hard to not just cash it all out honestly

>>58280423
I mean what could they do to stop us from making it too? I know how petty these animals are but over peanuts compared to them? Why not let a few goys make it too then? We mostly have zero threat to them except maybe slight regional wealth.

Just weighing up the wisdom of buying some swiss vaulted silver britannias rn (UK vat free). Remember that silver price crash March 2020. Price was less than half it is now. Trying to think whether buying now is like buying into a fomo peak. Its a sticky situation. Might wait a few months see if the price crashes.

Also you see the price of palladium the last few years? Shit is fucked. Shame that its crap for taxes/premiums in the UK.

>the last time she appeared was in January 2008
>she shows up again in April 2024

Herald of the Crash

>>58280423
>>58280423
>global financial system that's been propped up by the slimiest, most subversive people ever born on this planet over the course of two hundred years.

you can just say kikes anon this is 4chan

>>58280472
>vaulted
no

>>58280449
It took a good 2 - 3 after the 2008 crisis for metals to really fly away, so be patient.

>>58280349
THREE HUNDERED AND NINTY FIVE!?!?

>>58280496
>stop getting excited
>it's really important that you not be excited
>i will keep posting to ensure you are not excited

>>58280509
Getting excited means you're getting emotional. Getting emotional leads to dumb choices, like selling all your PMs.

>>58280519
people who are excited are not selling their PMs for peanuts

>>58280488

In the UK you pay 20 percent vat on silver. The Britannias have no capital gains tax at least for when you sell.

If you vault in the Switzerland you skip the 20 percent haircut on purchase, and the Britannia's are cgt free so if you sell you for a profit it is not taxable.

The company buys them back off of you, the only issue is ofc they only pay 97% SPOT not including premium for the coinage. At the moment that would mean a 15 percent haircut on the sale. But say silver goes up a lot it can be really convenient for the selling part with a click of the button.

Think about all the guys here with their silver, say silver does the spike. How are they going to sell it? Will they bother to? Will the local bullion dealer by the big prices? Also what kind of taxes apply to the various forms of silver they hold?

>>58279631
They haven't even begun the BRRRR yet, wait until the rate cuts expected later this year.

>>58280541

Also forgot to mention storage fees apply to the swiss vault

'VAT-free storage fees are charged at 0.65% + VAT per annum of the Insurance Value of your total metal holding. There is a minimum charge equivalent to £10 per month. Charges are billed monthly in arrears.'

The nice thing about mining stocks is that you can sell those in lieu of your stack and still get that dopamine hit of selling on the gains.

>>58280472
>vaulted

>>58280541
>>58280575
>advocating vaulted silver in /pmg/
cringe

>>58280541
Anon, it's not real...
You bought just some paper silver stock and all you try to do is to get more gbp with your gbp.
The gbp is just paper it has no value and the little value it currently has keeps going down, why would you even want to have more of that paper???
Physical silver is money, you can use it directly as money any time, you don't need any other paper if you have silver.

None of you have a good explanation as to why you're buying physical instead of buying junior mining stocks.

Why make a 4x in 4 years when you could make a 20-50x in 2 years?

I legit don't understand your mentality.

>b-but there is going to be an apocalyptical scenario where the government will completely shut down the stock market and steal everyone's shares
Do you HONESTLY believe this?

>>58280519
>"stop being excited"
>posts a jew
ok Buzz Killington.

I'm rolling around naked in my PMs all day and not selling anything. Fuck you.

>>58280541
If silver goes up to the kind of prices we want then you’re not getting any silver you don’t already physically hold yourself. Your silver in a very secure Swiss bank will have magically disappeared.

>he believes in the dollar as a store of value

>>58280349
jesus everytime I see this shit it's gone up

>yeah, the silver and gold i purchased are in the possession of somebody i don't know

>>58280646
go to /cmmg/
you are off topic here

>>58280646
>>58280646
>I legit don't understand your mentality
>WHY WONT YOU JUST TRUST THE KIKES I DONT UNDERSTAND???
>JUST INVEST IN A WAY THAT GIVES JEWISH KIKES FULL CONTROL OVER YOUR HOLDINGS SO WHEN THEY LOSE THE GAME THEY CAN PREVENT YOU FROM COLLECTING YOUR WINNINGS! I LEGIT DONT UNDERSTAND WHY WONT YOU JUST TRUST THE PEOPLE WHO HAVE BEEN KICKED OUT OF 109 COUNTRIES? I LEGIT DONT UNDERSTAND YOUR MENTALITY! MY MONEY IS SAFELY STORED IN THE VAULTS OF KIKES!!!!

>>58280657
They'll be happy to compensate you in paper of course.

>>58279888
checked.

>is this a good idea?
yes.

labor --> fiat --> silver --> gold --> land

>>58280646
>b-but kikes will steal your money when they lose against your investments
Do you HONESTLY believe this?

>>58279521
Good miners to invest in? Copper, platinum and gold

>>58280219
>Whereabouts would be good?
Memphis.

>>58280406
DCA, moron.

>>58280733
Why invest in copper when homeless people get it and sell it for cash all the time?

>>58280635
Nah its an audited service of coins vaulted in switzerland to escape the UK 20 percent purchase vat tax on silver. Sure they could be lying or somehow fuck it up but it is not like an etf.

If I have no cash but lots of physical valuables (when selling physical valuables there are tax implications) I need to work a job or be homeless, so I feel it is good to have cash (once I own a property I could perhaps chill out on needing cash so much). I agree in principle that cash/cbdc is poopoo and it will most likely deteriorate in value over the coming years.

>>58280657
Yes there is an element of insecurity trusting these services. I am fairly confident it will work though.

>>58280270
Sorry, but I'm just not gonna do it.
I'm not gonna buy coins with non-whites on them.

>for me, it's the Coronet Head.

>>58280770
I am mostly considering the vaulted silver as a convenient hedge against cash holdings.

>>58279931
> refuse to sell for no less than the same price they sell it for

Coins shops gotta make money too, bro.
I don't mind the spread, but +/- 20% is robbery.

>Inflation still rising
>pmg still crabbing

>>58280646
If the dollar is no longer the standard for settling international trade then governments will be holding on to their natural resources for FAR HIGHER prices. Mines all over the world will be nationalized and foreign investment will most definitely not be honored if the dollar shits the bed.

>>58280763
I mean stocks

>>58280805
go to /cmmg/

>>58280796
>if

>>58280786
You know others means exist to achieve 0% taxed silber in UK, right?
Nothing force you to purchase from a registered merchant...

>>58280796
exactly, imagine gold+silver explode and leaders in a different country have to decide whether or not foreigners' shares of mining companies operating in their land should be honored... lol

>>58280472
>Trying to think whether buying now is like buying into a fomo peak.
yes.

>>58280571
>They haven't even begun the BRRRR yet
I mean..., yeah, they have.

I hope small businesses start accepting PMs as payment. Things would moon from there

>>58279665
pretty good

The time is near…

>>58280879
you ain't seen nothin yet

>>58280770
Take a holiday to Mexico and buy a lot of jewelry.

I'm still ordering the mercs while I can.

>>58280770
If it’s something you wanna do short term and treat your PM like a stock you wanna make quick money on, then sure you can no doubt make some profit under the right circumstances. If you want PM as a true safety net against a SHTF situation or a drastic devaluation of the dollar etc then physically holding your PMs is the only way. PMs are a long term HOLD for me. The most I will do is trade my silver for gold when the GSR drops.

Is there not also a tax on selling silver in the U.K. too btw?

>>58280900
Mercs and Asahis will be the main currency for simple trading

>>58279888
trips confirm
But I would diversify and get eagles too. They are so cheap right now.

>>58280837

Just having a look bay and it seems you can sometimes get them a bit below the vat premium price but it is a little fiddly getting a quantity of them. I suppose on the sell side the vat would be irrelevant to even through physically trading it in the UK. Not a bad option for the patient. Not as convenient as the vault but with the extra effort you could retain more money on the sell I suppose (provided a local bullion dealer will pay a higher price than the vault people) as well as skipping storage fees.

>>58280893
That’s some cursed silver. Disgusting. Why would you purchase that?

>>58280423
you act like this has never happened before, as if we don't have a hundred different examples of fiat ponzi schemes failing extragavently throughout history.

What should he the big eye opener is if you went back in time 300 years your paper dollars and electronic banking would be worthless but you'd be able to live like a very wealthy man with your current stack

>>58279843
GO THE FUCK DOWN, YOU WHORE!

>>58280879
If you're looking at it that way then they never really stopped. That machine can and will whir louder though.

>>58280770
An audited service today could mysteriously lose its metal tomorrow, and you kind of have to expect that will happen when the potential gains are high enough. No one is holding your metal purely out of the goodness of their own hearts. That's why /pmg/ advises self-custody, but taxes are absolute trash for Bonglanders. I'm genuinely sorry you guys have to deal with that.

>>58280915
>>58280897

If I were to sell the jewelry capital gains tax would apply on gains. But Britannias has no tax on the gains.

>>58280915

I got some physical metal so I am happy with that for salting away. The vault option is just to hedge against cash for the next few years in case silver pops a big one like in the 1980's and cash is hit hard.

Silver Britannias (like gold sovereigns) are considered currency in the UK, so there is no tax on any gains when you sell to GBP. The only problem with any silver in the UK (inc Britannias) is that they have a 20 percent vat tax(thanks eu) on the purchase.

>>58280953
You do not know of what you speak..

>>58280955
You'd probably want to melt most of it first, but yes. I can't imagine too many folks would accept future dated coins with glee.

>>58280992
Isn't there a way for you to buy through an American fren and have them shipped to you?

>>58280893
>>58281013
damn these coin designs are crazy

>>58280958

Yeah its crap. The only saving grace for the UK are gold sovereigns which are considered currency and therefore have no tax on purchases/sales. (though ofc they have a premium on spot, I feel it is worth buying them over other forms). The vault option does have risk in that you have to trust a third party, I feel I trust that element enough at least for the next few years.

>crypto nerd enters /pmg/

>>58280939
>sometimes get them a bit below the vat premium price
That's because you are looking at new stuff. I had more in mind for you to chase your old junk. I know it's a pity anything after 1920 was only .500 in Bongland, but the positive is a fucking shitload of those were minted.
As you said it's a bit fiddly to get any large quantity, and yes it will require you to put in some efforts, but if you go after lots of local junk sold by boomies, it will eventually adds up and the price will defy any competition. If you learn how to prospect and spend few minutes scouting everyday, i'm talking about stacking for up to 40% below spot, 0% VAT. Plus some surprises here and there from the unaware boomie/inheriting daughter, like some .925 first portrait's Victoria silber lost in the bunch.

crypto nerds will seethe

He commeth…

>>58281017

Yes but then there would be import tax. To which you might say to lie on the customs form. But if you are going to do that, you might as well lie when you sell for massive gains and not pay tax on that. Perhaps silver could be brought over in the plane luggage without import tax, I am not sure.

Incidentally, I know someone that works for the United Nations. As an employee of them they get to claim back any vat tax they pay during the year lol. So technically you could them to buy the silver for you probably to skip the tax.

>>58280772
i could not understand how Christian Gobrecht fucked up the design of the $10 $5 and $2.50 when the nickel looks beautiful by comparison ,the gold coins looks like they have down syndrome

>>58280219
No sales tax on pm purchases either.

What are they going to sell their crypto for when the dollar is collapsed?

>>58281062
I hate how fat and gross Lady Liberty was before the Peace dollar made her hot

>>58281047

Oh yeah I love cheapies and hold them. Scrapping them feels a little complex as if they are nice objects they perhaps have more value than the spot. Also they are not tax free like the Britannia's on the sell side.

I will not be satisfied with $2300 gold and $30 silver. We need to accelerate

>>58281075
Gold and Silver

they'll try at least

History always repeats itself.
First Bank of the U.S.
Second Bank of the U.S.
Greenbacks
Fed notes.
All enacted after civil and international wars. I wonder what’s next?

>>58281075

>>58280893
https://www.youtube.com/watch?v=AnwntA3ZEGE

>>58280893
>>58281013
>>58281058
Fuck your delusional cultist shit, Reality is taking back over.

>>58281077
thats normal for greek genetics but yeah it becomes noticeable the bigger the coins

>>58281059
>As a UN employee they get to claim back any vat tax they pay during the year
Well that figures.

>>58281170
No…..

>>58281058
>>58281200
MetaTron/Saturn's cube
stop worshiping Satan and the matrix kid

>>58281190
Things are fucked.

numbers go up

i thought i was in this thread, but apparently not. i free'd up about 35k today. i wan to buy a nice gold coin and maybe a few rms. i feel like i should probably wait on the gold tho. what to do.

>>58281311
>i wan to buy a nice gold coin
>what to do

You know what to do.

>>58281356
i was actually thinking maybe that one to compliment my bull, but also, with gold as high as it is, most of the coins that usually come with higher than normal premiums are just about the same as maples or eagles. i think at this price point, it makes sense to buy elephants or other coins that are usually a bit more expensive.

I am scared to buy more. My brain tells me to wait for the eventual cooldown.

>>58281388
if you can still get bullion ozs for less than $30, prob do ok.
also, buying big bars like 10oz, kilo, 100oz sell for low premiums
and will still resale for spot when spot is $100/oz

I think Kitco is frozen
The price has been 2297.50 for like an hour

>>58281527
Never mind
Just went up again
And again

>>58281118
Needs to be $30,000/$2,000

>>58281527
Over 2300 on multiple sites

>>58281311
If you have that much you might as well spring for the best gold coin out there.

>>58281548
Took a min or two for the graph to update

I have a decent stack but something about looking at $2300+ gold prices is setting in that we may be crossing the event horizon of our paychecks being increasing insufficient to get by.
Remember to keep plenty of cash on hand to live your lives.
The great depression was crippling for 4 years before gold revalued in 1933. The banks are going to squeeze your balls and shake out any weak hands (if they can)

bit nerds losing it

>>58281544
I'll be tempted to sell at $50
I'll be tempted to sell at $100
its going to be tough to have patience

>>58281544
How figure? 395:1 market dilution… mining deficits. Remove derivatives and it’s pure speculation of true value. Especially if there’s conflict.

>>58281560
is goldprice.org not accurate? i always look at the trading view candles for CFDs on gold

10% gain one month
just how much FED has been trying to fake gold prices for all these months... Sad!

>>58281556
the regular version of that was also one i was considering. premium is lower for it now than when they first released. reverse proof is still pretty pricey.

APMEX has their full-blown FOMO pricing in action. Generic APMEX gold on credit is almost $2500
$2,491.97

Crypto nerds status?

>>58281611
APMEX TONGUE MY ANUS

most of my investments is in actual rocks, but i have a shitfolio of shit miners and its gone from -30% to -18% in the past two days

>>58281560
>>58281598
I find bullionvaults price graph to be fairly good, updates every few seconds and doesn't freeze and need page reloading.

https://www.bullionvault.com/gold-price-chart.do

>>58281388
Your brain doesn't know if the cool down price will be below where it's at now or if the premiums won't still leave your metal more expensive. How do you feel about that?

Mainstream economists slowly watching the instruments making less and less sense to them like the workers at the start of Chernobyl

>>58281589
I will only part with my silver if the gold/silver ratio gets to 50:1 then I trade for gold
Don't care about the actual dollar amount

>>58281580
>Remember to keep plenty of cash on hand to live your lives.
You say that but 100% of my savings are in PMs and I’m currently looking for a way I can get a small Sutton Hoo helmet custom made in a few oz of silver and gold with my next paycheck. KEK. I will regret nothing. I’m gonna dab on Jews in style, my ancestors style.

>>58280453
>>58280453
"The Russians caused the collapse of the financial systems with a uhhhh hack, yeah a hack! They are the ones who made all your retirement accounts disappear goys, and now they're trying to use gold and silver to get away from sanctions! It's now a matter of national security that we have all gold for safekeeping! You won't let those russians damage Our Democracy(TM) any more will you?!"

They've done it once, they'll do it again and the NPCs will give the mandate to do it once a crisis is serious enough. We will become the unmasked of the financial crisis.

Still better to hold than crypto, I'm sure of that. But it's dishonest to say that riches beyond our wildest imagination is coming to your average stacker.

>>58281667
economics is a pseudoscience describing what already happened, incapable of predicting what will happen
it's basically just TA with words instead of lines

>>58281589
I new about Bitcoin in like 2010 from Tyler Cowen of Marginal Revolution. I thought about throwing $1000 at it for shits and giggles. But I has a HELOC I was trying to pay off, so I thought that would be there more prudent move.

My only consolation was that I know I would have sold as soon as it doubled, or maybe 10X'ed.

>>58281669
The mining ratio is 8:1. And realistically,given that silver has a dual purpose it could be even closer to 3:1 once the bond market implodes and credit no longer masks the price determined by a cash market in PMs.

>>58281665
It's a tradeoff I suppose. One I'll need to consider.

>>58281686
did you see this, helmetfren?

https://www.bbc.com/news/uk-england-leicestershire-68674319

Eh, what was that?

>>58281637
cope is redlined
seethe has blown a gasket

Based

>>58281715
>that's ancient history

>>58281709
I think Nato promised Ukraine another bazillion dollars and that caused the pump

>>58281715
That's pretty funny

>>58279551
>formerly well-to-do housewives
one of my favorite memes

What are the chances of the US government doing another Executive Order 6102?

Is it better to DCA or wait for drops?

>>58281737
That pump had more of a "another couple of hundred nato terrorists just got Kinzhal'd" look to it.

>>58281747

>>58281703
No I didn’t but thanks fren, that’s sexy. I might have to add that and the Staffordshire helmet to my to do list also.

>>58281750
Unenforable this time around. People are not going to allow seizure when no one trusts the government at all anymore. We are on the edge of another massive civil split as-is.

>>58281787

>>58281711

>>58281544
this

>>58281797

Does anyone has the FEDS conficating precious metals/opening safes and taking it from deposit where you store your PM’s in a bank?

>>58281811
What?

>>58281811
Why would you ever store your valuables in a place where the feds would have access to it?

>>58281809
>>58281797
>>58281787
So we're in a agreement that pussy is barely worth a single Mercury dime?

>>58281311
20 gram bars if you ask me

>>58281827
That's why you get 2 pussies for one dime

>>58281311
You might kick yourself if there's another dump. Buying high hasn't been the name of the game the past few years. Gold won't ever go back below $2000 but you never know with silver

>>58281311
>what to do.
go look at the last 6 months for gold and ask yourself why you missed out the first 25% leg up

>>58281832
Gold bars that is

>>58281901
i didn't. i've been buying small amounts the entire time.

>>58281849
Historical line chart based: You could see silver crash all the way to $15, but I think we're post-historic. I'm becoming quite convinced we're already in a hyper-inflation ramp. You just have to look at federal spending. I don't think much else matters now for the currency.

>>58281822
It happend on multiple occasions, people storing their pm’s at 3d parties like banks of safe services

>>58281920
>I think we're post-historic.
this
that's what all the boomers don't get
we are in unprecedented times

>>58281920
>I'm becoming quite convinced we're already in a hyper-inflation ramp.

That is what people thought in 2021 but then we were starved of easy cash for 2 years. I think overall you are probably right but I wouldn't under-estimate times of cash being scarce.

>>58279521
Hey newfren baker, where the fuck are the shinies?

>>58281956
I want to believe because I remember a nerd telling me about Bitcoin when it was basically worthless, like less than $1 and disregarded him completely. It really makes you believe the unimaginable could happen

>>58281982
We dont need them in every op and as you can see fiat is collapsing so this was the perfect pic for the thread.

>>58281994
exactly, fren
why is $1000/oz silver impossible (with today's purchasing power)?
it's not

>>58281912
By the way, I couldn't sleep last night and ordered one of those Japanese electrum(sp) coins from the 1800s

>>58281956
>that's what all the boomers don't get
>we are in unprecedented times
pretty sure boomers understand the end of eras better than you kids do. We just don't care because we're at the end of our times. This mess is now yours. You might be able to save it, but probably not if you hate it. And in that case it's up to you to try something "new" in hopes it will be better.

but in reality the "new" ideas you have are just our past. You want to go back to the past because you never lived it and imagine it was better for people like you. Boomers know better, we lived the past you're hoping for.

>>58281977
So the crash scenarios are:
Deflation: IMO it won't happen. Why? Because in 1929 the (((bankers))) triggered a deflation that was designed quite literally to TAKE A HUGE AMOUNT OF REAL CAPITAL. If they did the same today, it would not work because they already own all the capital (0.1% own 80% of all US wealth). If they deflate, they're just forcing defaults, which just crash out their "wealth" which is really just debt.
Inflation: Because of the above points, the (((elites))) have to keep the money-as-debt extortion going, or the whole house of cards collapses, taking the vast amount of their wealth with it. That's why all the financial shenanigans over the last 15-20 years.
Bottom Line: Cash might be tight as times because what's happening is massive over/under supply of currency shockwaves as massive new money enters the system to prop it up. As a side note they're literally giving illegal aliens $15K debit cards. Why? Probably trying to pump liquidity through any means necessary. It's all about to end. Possibly this year.

>>58281822
>feds dont have access to your home

So if $100 back in the early 1900's was worth roughly the equivalent of $3000 today then where should gold and silver be at?

>>58282081
>feds dont have access to your home
Not enough loyal feds. It's almost FAFO time.

Haven't bought any time recently, I know getting 10 oz bars would be better but the Mercs and halves keep tempting me...

>>58281715
>Mhm I wonder who could be peddling all of the gullible conservatives silver and gold?
>Schiff was born to a middle-class Jewish family

>>58282081
You wouldn't shoot people who enter your home without your permission?

>>58282025
>We dont need them in every op
blasphemy don't ever bake again

>>58282100
Roughly $3.5. Thousand.

>>58282116
People talk a big game on /pmg/ and then get arrested peacefully when the time comes. We've seen it a few times now.

>>58282100
Gold $8000
Silver $270

>>58282107
The big bars are very nice and shiny but chopping them up to trade for small things will feel wrong. Have your 10oz+ bars but also have the Mercs, quarters, etc to trade for the small things

>>58282100
$100 in the early 1900's was literally gold and silver

you're trying to use the price of gold and silver to determine what the price of gold and silver should be.

Hi /pmg/, my first time here. I decided to start putting money for my son into precious metals - not for the sake of making huge profits, but rather protecting value over time. I have no idea what I'm doing, so any advice is welcome. I'm a yuropoor, so first investment is only around $4000 and I want to follow with around $200 each month and throw some extra when I can, so he has around $50000 when becomes 18.

>I currently want to split it silver: 50% - gold: 30% - platinum: 20% - how should I change this?
>I noticed that the bigger the bar you buy, the less you pay for a gram - should I just try to buy the biggest bars I can afford?
>Similar thing for coins (and even bars) - I noticed you buy the same physical amount of gold/silver but you pay a different price per gram depending on the specific coin - should I just buy the cheapest coins?
Any other tips? Thank you

>>58280135
There's a reason central banks have been net purchasers for atleast the last 10 years, and probably longer but I don't have easy access to that data.

You want a reserve currency that cannot be reneged on? Cannot be frozen? Cannot be inflated to oblivion? And so preserves purchasing power? Well, then you buy gold.

>>58275492
i got a 1996 gilded ASE for like $4 over spot 2 years ago, well worth the buy regardless of the whole gilded part.

any autists know how that would affect the value?

>>58282140
I've never seen someone get arrested for refusing to give up their legally owned PMs in my lifetime

>>58282025
>This post fact-checked nshgby true /pmg/ Apus

>>58282187
and you probably never will.

but you will see people that threatened to shoot any cop that comes through their door getting arrested for lots of other reasons, and almost never will they shoot anyone.

>>58282069
I definitely feel cash is in danger, but the last 2 years showed they can put the squeeze on. I mean say you put all your money in assets expecting hyper inflation and then cash is squeezed for 2 years with the assets going down in price it can be hard to exist and you may have to sell the assets (being shaken out). If you have your basic material existence secure with perhaps a property owned outright you can weather these periods better I suppose and hold on to the assets for the uptick to resume. Imagine someone with a mortgage in a cash squeeze with the high interest. The bankers can do a maneuver where they shake people out of their houses with sudden interest rate rise's. My point being that if people can resolve their basic material existence first that should maybe take priority over assets like gold (unless of course hyperinflation happens soon and gold is what propels their existence to a good material existence).

Yeah and with stuff like the money going to Ukraine its like the money is completely worthless. Yet you have people working a job at the same dollar rate. Its like there are parallel realities where money comes incredibly easily at one point and then normally at another. During a crypto bull the money comes easy to those that hold it, with stuff like Ukraine, foreign aid and Covid vaccines the money gets siphoned to special interests. This money does have a ripple effect overall ofc.

all i have is 200 AMerican silver eagles. Cant afford more right now without selling guns or my truck which i dont want to do. need both.

>>58282100
>So if $100 back in the early 1900's was worth roughly the equivalent of $3000 today then where should gold and silver be at?
Your question doesn't quite make sense but:
$100 FV in 1900 = 5 troy oz = $11,500 today, roughly speaking

>>58279931
I had to sell some, and I sold at spot +2 dollars per oz and had more offers then I could take within 48 hrs it was sold ez pz. Normally I wouldnt sell but just had to drum up like 60 grand and was 10 k short.

>>58282227
I think it makes sense. In 1911 $100 was worth about $3200. A very nice cigar probably cost about a dime or two back then

>>58282227
that's assuming the money is gold

it was also silver.

inflation isn't based on the price of one or the other, but reflects the price of both.

>>58282176

>I currently want to split it silver: 50% - gold: 30% - platinum: 20% - how should I change this?
Platinum has been a stinker lately. Could go up, could not, it's a real gamble. I'd personally do 60/35/5, I think. Maybe drop the platinum entirely and put that into gold for now.
>Should I just try to buy the biggest bars/coins I can afford?
No way. Around an ounce is good for gold to make scaling out easier, and for silver you need to consider taxes as a Europooran. Like another Anon said earlier, certain coins may have tax benefits for you. Other than that, mostly 1-10 Oz weights are nice for the same scaling reason as gold.
>Any other tips? Thank you
Keep your receipts, start looking for hidey holes now.

>>58282227
If you wanted to calculate it out, it would show as you say that gold would be worth ~$12k and silver would be worth ~$2200
which means if inflation indicates a value of $3k,
gold has outperformed inflation by about 4x
Silver has slightly underperformed vs inflation.

over that time span.

that says nothing about what the prices SHOULD be though. Just what they were and now are.

baypony is going to 0

>>58282285

Silvers role was diminished by that point I think https://en.wikipedia.org/wiki/Bimetallism#United_States

Interesting to note if you look up 'RothSchild Octopus 1894' you get the anti mono gold standard image, as they partly blamed the Rothschilds for moving away from silver in bimetalism to gold alone.

>>58279551
>THE PRICE SHOULD BE...
Keynesian nonsense
the price is what it should be right now
the market is always right

>>58282100
here you go, only goes to 2022 but it give a good benchmark

>>58282223
Thats not so bad.

>>58282338
:O

>>58282336
only boomers say "keynesian"

>>58282356
but dont forget that rn to buy a $20 gold double eagle would cost $2230,so rn the cost would be 11150k ,not bad for value

>>58279521
I needs yalls help. I'm going to make one more purchase and I'm conflicted. 12.85 oz of au 734.45 oz of ag. Should I buy a gild Buffalo or 2 kilos of silver and some eagles? Help I'm partially buzzed and can't decide. Basically have 2400 to blow on pms right now.

>>58282386
just buy a normal gold buffalo online, some people are selling for spot price,but me personally id wait until the spike dies down

>>58282386
Silver until you have 1285 oz of Ag to go along with your 12.85 oz of gold.

>>58282386
Since you're a little buzzed buy something totally irrational that you would never buy when you're sober

>>58282379
>but dont forget that rn to buy a $20 gold double eagle would cost $2230,so rn the cost would be 11150k ,not bad for value
you're not buying a $20 double eagle for $2230 try $2330 and I already did this calculation earlier:>>58282227

$100 FV silver = 71.5 troy oz of silver = $1,930 today

>>58281827
Each a nickel to make my dick trickle

>>58282332
>'RothSchild Octopus 1894'

Lads zoom in and read this image from 1894 lol https://scholarworks.uni.edu/rodmaps/412/

silver supression since the 19th century

>>58282386
>2400 to blow on pms right now.
That won't get you more than one ozt of Au.
Maybe you should wait to sober up?

What's the first thing you will buy (other than a house/land) after we finally make it?

I'm going to get a nice Acura NSX

>>58282386

your calculations are way off man. why are you buzzed on a wednesday?

>>58282456
>https://scholarworks.uni.edu/rodmaps/412/

compressed for posting under 4mb

>>58282467
Nothing that flashy for me. Maybe a BMW M3 assuming us making it doesn't involve the world going to hell in a handbasket at the same time. Probably a Prius or some old truck if it does. Gotta blend in and all.

>>58282448
you're not looking hard enough to find good prices, here's a hint to find near spot deals on gold

>>58282518
probably cleaned or jewelry grade I don't buy that crap

>>58281687
>We will become the unmasked of the financial crisis.
We will become kings of the black market.

You can find Austrian 100 Coronas right now for 0.60% above spot

>>58282479
I'm officially on vacation. I leave tomorrow.

>>58282411
Good point thanks

>>58282524
nope au or bu condition it seems

>>58282441
Already ha e some dumb shitblike the 5g willy Wonka gold bars. I bought them for my kids just to clarify.

>>58282555
post link turd burglar

>>58282465
Bullion exchanges using ach will get you an ounce under 2400

>>58282222
Checked and good points. I'm not on a debt treadmill like most people. If you opt out of the debt system it's pretty easy to stack and wait. It's also prudent to have maybe 20% in currency for the reasons you mention. Stagflation is a real bear for the average working person, which is where we currently are. I think ones the politicians capitulate though that we'll just see constant appeasement payments and that's when the final hyperinflation will occur.

>>58281787
Those are men.

>>58282294
Thank you anon, I was thinking about ditching the platinum. I will also keep the receipts.
As for the price/gram getting better with larger bars, could you explain this? Because in the place I bought the first few coins (and in others I checked), I can buy a 100g silver bar for $163 (with tax, premium, etc) and 1000g silver bar for $962 (with tax, premium, etc). That's $0,96/gram vs $1,63/gram. How come it isn't the best just to buy the biggest ones? You get the most silver for your money.

>>58282025
>We dont need them in every op
Lurk more, and don't fuck with tradition.

>>58282572
https://www.reddit.com/r/Pmsforsale/comments/1bv44nh/wts_gold_gold_eagles_110_to_12_pre33_250_to_20/

>>58282032
>ordered one of those Japanese electrum(sp) coins from the 1800s
Those are nice, good for you, fren.

I just got airdropped another 80% loss into my real egold coinbase account. Now I have all the free time in the world to do what I enjoy, picking up used condoms off the beaches of Da Nang. Cope and seethe you racist chuds.

>>58282486
What if in a shtf scenario all the gold they hoarded for themselves temporarily becomes worthless as basically the bible had said the jews would be throwing their gold to save themselves to no avail. Curious

>>58279862
it depends on the kind of metal, i've talked to (good) dealers before. the smelting place charges them a premium when they send it in, so if it's some weird combo like 70% gold 20% silver 10% copper they can't easily sell that, they have to melt it down. I think they're charged like 10% or something, hence your 80%.
if they were trying to melt down something like eagles or pure silver, you're right to be offended.

>>58282624

>>58280449
Nobody knows what's going to happen, but the entire global financial system is bullshit and my rocks are real.
US government debt is increasingly unsustainable.
Oh and the USG seems to be doing everything it can to make other countries distrust the USD.
If shit really kicks off between Israel and Iran, or the US and China, shiny rocks are a safe harbor.
I don't know what's going to happen man, I wanna kick my kicks before the whole shithouse goes up in flames.

>>58282620
>plebbit
meh those are p2p transactions that's a completely different realm imo I'd rather have some level of customer service

>>58282168
3.5 billion US dollars in existence in 1913 across all markets. Roughly 2.35 trillion circulating dollar notes in circulation now. Just notes. The fed has debased the dollar over 1000x since its inception I. 1913. CPI can suck it. This is hyperinflation. True value is distorted by the derivatives market. Silver to $10k.

>>58280423
> let us cheat the system
no no, the made a rigged unstable evil system
and all it takes is for good men to not spend their money on over priced drinks at the bar to be around the worst kindof women in history and instead save up and buy metals to kill their system.
By doing nothing, except saving in metals, we break their system.

>>58282579

Yeah secured material existence (imagine even having direct access to resources like food and water so they can't even pinch you there) and stacking is the cozy move if you can pull it off. If you don't have your material existence secured you are potentially vulnerable to the stagflation like the normulous. They will try to pinch you at all angles.

>>58282467
A really nice band saw and drill press.

>>58282651
mabye

>>58282624

>>58282332
In my experience after 40 years of metal detecting homesites and towns from around the turn of the century, neither silver or gold was in common circulation at the time. Lots of pennies and nickels though. I actually find more trade tokens than silver or gold coins.
>>58282688
>This is hyperinflation.
I guess, if you loosen the definition up enough you could say that. Nobody outside of the stacker community will agree with you, but you can say it.

>>58282754
red one new?

>>58282688
silver to 10k baby

>>58282787
You are stacking darkies, aren't you, frens?

>>58282799
What?
The red octopus I've had for a while.

>>58282467
Weights and a squat rack + bench. First of what I need for a home gym.

>>58282833
ah, i guess i don't remember seeing that color one posted before. i wish i would have bought one of those coins when they released.

>>58282817
those aren't coins are they?

>>58282789

The move away from physical pms being handled as currency has been a multi century trend for sure. Trade tokens can be kind of cool because they are backed by whatever business issued them, though of course they are only as safe as the business that issued them. In the UK we had a lot of 'Condor' tokens in the 18th century.

>>58281715
>Who cares? that's ancient history.
Beyond based. Stupid crypto nerds.

the dirty banks have lost control

>>58282789
It has nothing to do with stacking. It is fact vs. theory. The US dollar has been debased over 1000x. The rich use the derivatives markets to try and keep inflation in check (which they can’t anymore) because the necessary interest rates needed to deflate would bust the bubble. It’s endgame currently. The petrodollar was ended by the saudis. Spot prices of pms are decoupled across international markets. Shit is about to get spicy geo politically and macro economically.

>>58282860
Gotcha. The 'pus is the guardian of my stack and the only one I've got. Maybe you're thinking of another Anon who posts more often than I do.

>>58282606
>You get the most silver for your money.
I'll start out by saying the differences aren't that pronounced over here or weren't when last I checked, but you may not want to cash out that much at once, first and foremost. Silver is divisible, but you won't be the one doing the dividing and you could be looking at a way higher value two decades from now, more than you'd even want at once if you have to sell a kilo at a time. On top of that, the bigger the bar, the easier and more attractive it is to fake, so you'll be limiting your purchasers to people with verification equipment (coin shops and jewelers) or individuals who are willing to take a chance but will expect a good deal for their risk. This could mean less per gram back into your son's pocket. All speculative, of course.

Splitting the difference and getting some larger and some smaller bars might be best in your case. People buy kilo bars because they almost always cost less per weight, but you should double check to make sure you're getting the best deal both ways. I have a suspicion you might be getting gyped on the smaller bars or you aren't comparing like to like (that is, generics to generics).

>>58282919
Lol did u post the wrong image?

>>58282915
>'Condor' tokens in the 18th century.

Incidentally it seems that such tokens were made to fill in the gap that silver was meant to
https://en.wikipedia.org/wiki/Conder_token

>>58282915
the weird part for me is that by the 1960's silver was circulating freely in the US. We went from almost nobody having it to the stuff being everywhere. Again, just based on metal detecting, most of the US silver I find is dated from the late 30's to early 60's. And if you check mintages I think they were minting more silver in a single year in the 60's than they did in all the years prior to 1900 combined. Or close to it.
Gold of course wasn't circulating at all past 1933.

cool stuff on the Condor tokens, we did exactly the same in the US. Hard times tokens and civil war tokens substituted for real money through most of our history.
>>58283006
interesting read

>>58282896
They are. Forgot the name of them. Some Egyptian stuff I got as part of my first ever silver purchase from rAPEMEX. My only purchase from them. Neat coins though.

>>58281669
50:1 is way too damn high
personally im about as optimistic as >>58281700

>>58281715
Lmao this rare based jew never fails to deliver.

>>58283080
i like them even more that they're coins

>>58282975
it was on purpose. the mugshot along with the charges got me to chuckle. i thought i'd share

>>58282817
I stack em.......IN MAH BELLY.

silver will go to $48, then triple digits
we are seriously gonna make it
now somebody bake

>>58283236
Someone's been watching Mike Maloney today

>>58279647
Uninformed selling

>>58283236
what is the name of this nightmare themed coin?

>>58283236
that's one of the better boobas that's been posted here

>>58282176
You want a variety of sizes of silver, and to a lesser extent gold. You dont want all your pieces to be worth the same, you want to have flexibility for when you finally exchange your PMs for other things.

If i were starting out i'd stick to 10oz bars of silver until i hit 100 ounces, then some 1 ounce coins and/or rounds until I hit 200 ounces minimum. As for gold, the premiums for anything under an ounce are steep so i'd keep it to ounce purchases for a long time. And forget about platinum for now, thats a crapshoot. Its mostly used for industry right? So i wouldnt want to be buying that as we're heading into a depression...

>>58283273
tbf it's not even 1% as spoopy as some of Scrapfren's ancient greek gorgons' heads silver coins. Shit is truly haunted.

new bread baking
>>58283310
>>58283310
>>58283310

>>58281013
Fuckin neeeeed

apmex is down

>>58282787
>>58282817
Holy shit darkchocolate anon was right. I kneel.

>>58282578
Yeah, but you won't get anything more of significance.
The salient point of course is he won't get the nearly 13 ozt stated.