/biz/ - Business & Finance

>>58341723

Whenever i deal in coinage, I make sure to measure the coins in front of them, I'm more worried about someone accusing me of a fake than actually receiving or vending a cointerfeit. The metrology is for my own insurance against them. Regardless, people love seeing the weight of the coins.
>worth the weight

These are real nice

>>58341782

>>58341723
Hey I've got one of those too!

>>58341723
>Stacking in /pmg/
>Stalking in the zone
I said come in, don't stand there.

>>58341782

>>58341723
Just bought a few of those koalas today anon. Might you be a fellow yuropoor like me?

>selling gun
>guy offers 10 dollar face of silver coins
>its not even half the price
por kay

crypto nerds will seethe

>>58342007
Porque "boomer bargaining." You should snap back with an asking price over the cost of your gun. Chances are he's been sitting on that metal so long it's still a decent deal for him. If nothing else he'll respect your pluck, just be sure to look him in the eye and give a strong handshake if you make the sale.

>>58341782
Yee-ha!

The fact that every day there is more news/online chatter for metals is proof that JPM is fighting a bigger tide every day.

>>58342107
>look him in the eye and give a strong handshake if you make the sale

>>58341913
>Might you be a fellow yuropoor like me?
I am but they're not my Koalas, More of a Kook anon myself.

At last we will have our revenge. Soon very soon, we will have hyperinflation. Then the normies, and woman will eat shit and I can finally have sex. 1 oz of silver = 1 sex slave wife.

PAY ME
PAY ME
PAY ME MY SILVER NOW
PAY ME OR GO TO JAIL
PAY ME MY SILVER NOW

>>58342229
Based Bix Weir watcher

>>58342158
Do it well enough and he might offer you a job.

>>58342210
based revenge poster

>>58342210
inflation has been trending down otherwise the fed would've hiked even harder
this nigger is stuck in 2022

>>58342261
>"Golly mister that'd be really swell!"

>>58342364
Unless deflation kicks in to reduce prices, this bus is stuck going in one direction. All of this inflation is cumulative and undermines people's buying power.

>>58341913
I am not, just a yank who bought a tube of them and have been giving them to my nieces and daughters as birthday gifts.

>>58342442
All roads lead to inflation. Even if the Fed keeps interest rates sky high, the government will step in and inflate so it can pay its cronies and appease the peasants with loan forgiveness and gibs.

>>58342536
But I am keeping a few because they are cute af desu

i had a couple normies ask me about the gold price because "they heard it on the news" so i guess either this is the top or the big money has already positioned themselves they are going to let it roll

SLV shorts reached ATH today. There is NO way the tiny hats can't tamp this down to oblivion today, or else they are bound to lose a shitload of billions USD.

>>58342442
>deflation
It's never gonna kick in. Besides you should not hope for deflation as it will crash the price of your PMs to the ground. The goal as expressed clearly by the Fed is to reduce inflation, there will always be inflation (hopefully).

>>58342585
I hope everyone shorting silver is sucking dick for cans of beans in 2025.

>>58340871
This is the entire argument thats being made. US Junk is most likely going to be most normies introduction and experience with having PMs in our circulating currency again. These goldback autists keep reeing at this fact.

>>58342618
yeah whats the point of hiding a speck of gold in a vaccum sealed pokemon card when you can just make a coin?

>>58342585
I'm sure they'll tamp again this afternoon but silver is still positive for the day In spite of their hebraic shenanigans.

>>58342564
I overheard a boomer yesterday saying "they are selling gold at Costco now"

Looking at bear coins. Yay or nay?

>>58342618
Practically speaking, I agree with you - the coins are already there and even more familiar There is arguably more traction (although super limited and localized) with people actually paying for things in goldbacks vs. junk silver. But that goes away almost immediately if the currency collapses and people actually transact in junk, they will learn quickly.
Goldbacks are still enough of an oddball thing to get people's attention maybe get them thinking along sound currency lines so I just don't get the reeing on either side, even if they are a retarded thing to stack.

>>58342692
>>58342692
>"they are selling gold at Costco now"

That's old news.

>>58342719
No shit, it barely stays in stock long enough to ever slurp. Plus, you get the cash back if you have their cc.

>>58342704
Canadian coins with wildlife fuck so hard.

>>58342731
with all the boommers who patron Costco. I would expect it to sellout constantly

I saw Walmart is selling Gold and Silver coins and bullion now. Someone said its just online Walmart, actual product supplied by 3rd party vendors though.

>>58342706
Im not even anti-goldback. I have meme rounds and a 24k Evangelion Asuka note. Stack what you want. That point was made multiple times and ignored. Just dont say goldbacks are more recognizable and easier to transact with in the general public than junk silver. Its either intelectually dishonest or retarded

>buy 5x1oz Britannia coins off Chards
>8th purchase off them
>paid around £1,800 a coin
>current price is £1,889 a coin
>order hasn't shipped when I made the purchase on 01/04

I doubt they're running a scam as it's a tiny order compared to their orders, but I can see them cancelling it and me losing out on £500 to place a new order. I hate buying online. But bullion shops don't exist in the UK and coin shops are all over-priced or scams.

>>58342633
To understand the point of goldbacks, you must assume a monometallic gold currency. If you are only using gold as money, and only actual gold in hand and not "gold backed" tokens or bills, then you need to do something to avoid having coins that are too small for practical use. Goldbacks are the only practical solution IF you use only gold. Of course the historical solution to the problem was trimetalism with copper, silver, and gold all serving as money. The problem with tri and bimetallism came when governments assigned a set value ratio to the different metals. Natural changes in the supply/demand ratios inconsistent with the assigned ratios caused Gresham's Law to kick in and disrupt the currency. The solution there is to not assign fixed ratios but let the monetary metals float against each other.

>>58342585
I wonder how much of the price is actually manipulated. I.e. what's their power? E.g. keep it down 90% artificially?

We are so fucking back

>>58342364
thank goodness that if the fed says inflation is going down, then inflation is going down. i'm sure glad we have such forthright, honest, and incorruptible institutions representing the american people. surely they would never manipulate the data in order to show a desired outcome.

Actual good commentary on price
https://youtu.be/-nw1kb_nNU8?si=SXLTJlAuVQukhUAe

>>58342862

>>58342876
They're not saying inflation is going down, they've taken a big wait-and-see approach for the past few months. How the fuck can you have skin in the game and not even know that?

>>58342805
>I doubt they're running a scam
It's outright silly to think this way towards dealers.
>Chards
They have a phone number, email and contact form on their website. Have you tried reaching out?

>>58342816
>The problem with tri and bimetallism
wouldnt smelting your two or three metals equal parts into an alloy solve this?

>>58342948
Maybe, but people would need to calculate the changing values of the components of the alloy unless you assigned the coins a fixed value. Then you have the problem of Gresham's Law again with people smelting out more valuable components. Better to just stamp metal content on the coins and let the market sort out relative values.

>>58341723
$30 silver when?

>>58342907
I think what Anon is saying is that the government and Fed cook the numbers to make inflation seem lower than it really is. And this is demonstrably true. If you look behind their numbers at the assumptions they make and prices they exclude, that becomes clear.

>>58343000
Friday, checked

Still over $28, doomers btfo

>>58342948
>wouldnt smelting your two or three metals equal parts into an alloy solve this?

18th century Russian kopeks from Siberia were made with this in mind. They were made using locally mined metal that was 99.2% copper, but the value of the 0.79% silver and 0.01% gold content which couldn't be separated easily out in the wilderness wasn't negligible so Siberian coin planchets were made lighter than their Russian imperial counterparts.

>>58343000
Friday

It was pretty gosh darn funny watching this general get excited over a few dollars. Have you realized yet that the price of everything has gone up drastically these past 2 years or so and that gold and silver only just “caught up”? In reality it’s still massively lagging behind and always will.

Your rocks are never gonna make you money or help you in any way!!! LAMO so much mental illness on display in this place.

>>58343000
They really don't want it to hit $30
Remember how they spazzed out during the silver squeeze a couple of years ago?
It's going to be glorious

>>58342595
OH NO! GOD FORBID WE GO BACK TO METALS BEING WORTH THE DENOMINATIONS MINTED ON THEM?!? If the price of metals drop you can bet your yamaka everything else crashes lower. A world where an Oz of gold was $25 and .715 oz of silver was $1 has already existed and thrived.

>>58343000
yesterday, in Shanghai
the extent to which our FAKE and GAY financial system is UTTERLY FUCKED would be difficult to overstate
>no no no you can't just buy all the physical gold and silver we will stop you by using paper contracts to keep the price down!
>waaaa waaa what you are just buying more?

>>58343109
>iq is back
>has gl0w in id

mmmmh

>>58343213
Epic table. So how long does it take to catch up to China's prices?

>>58342719
Yeah to us. But PMs seem to have entered the boomersphere, finally.

>>58343277
checked and good question
someone should make a chart comparing COMEX vs SHMET prices in USD terms.
This dude has been posting them daily (or most days) since mid-January:
https://old.reddit.com/user/RaysOfSilverAndGold/submitted/?count=75&after=t3_19drhv2
On January 16 Shanghai had silver at $25.74 per ounce, COMEX didn't get there until April 2.
The silver spread was also higher back on January 16.
captcha : X8AG

>>58342692
>didnt buy Walmart gold at a discount with a cash back credit card
NGMI

>>58343277
>>58343380
raw data in Chinese is here:
https://www.sge.com.cn/sjzx/shyjzj
Blue = closing price for the day, red is opening price.
Figures are yuan per kilo of silver.
Let's look at a recent low point.
July 17 2022 was 4,035 yuan for a kilo
Same date COMEX was $18.6.
RMB 6.7574 to the dollar on that date.....
https://www.exchange-rates.org/exchange-rate-history/usd-cny-2022
32.15075 troy ounces in a kilo
So on July 17, 2022 Shanghai had silver at $18.57 per troy ounce, slightly cheaper than Comex.
Interesting.
All the raw data is here, someone good at programming and/or with lots of free time should do the math and find out when the spread started taking off.
Legitimately an underreported and interesting financial story.

>>58343470
Random date: 4/20 2023
Shanghai: $25.44.
COMEX: $25.37.
Wee spread.

>>58343116
What ever happened to those guys? They might actually be useful now.

>>58343519
Oct. 10 2023 (near recent low)
Shanghai: $23.94
COMEX: $21.95
Big Spread (8%)
Still trying to figure out when it started.

>>58343470
i recall as far back as maybe 6 months ago or more, hearing reports from independent financial news commentators that China gold prices were decoupling from comex/lbma,
the pattern then was gold price in China was higher than comex/lbma
all while same reports citing how China and other non-western countries were ramping up precious metal purchasing.

>>58343554
Is there a redpill-ish story to the silver squeeze? I understood it as market manipulation plus herd dynamics. Was it instead a glimpse at the real price back then?

Three one-year charts:
First is Shanghai silver price, in yuan per kilo.
Second in COMEX in fedbucks per ounce.
Third is USD to RMB
Since summer of last year no big RMB to USD moves. RMB slightly appreciated to USD from around Oct.
So at some point between April and October of 2023 a big spread started developing in silver prices between China and the US.
I'm not sure of the exact timing or reason, but this is something that could not happen without Chinese government approval.
Ok dug more, this article points out premium in gold taking off from September, probably same with silver:
https://www.gold.org/goldhub/gold-focus/2023/09/chinese-gold-premium-has-dust-settled-record-surge

>>58343771
I'm referring to Wall Street Silver, who attempted to do a collective Hunt style squeeze but accomplished nothing more than temporarily removing cheapies. And enriching some Redditors if they had the conviction to hold, I guess.

>>58342210

Based soon to be warlord.

>>58343811
Wall Street Silver was headed by plants from the start. They derailed the silver squeeze.

>>58342585

>tiny hats

https://youtu.be/ETjojrA3cVc?si=ubD0_lvCtuV4Z6wf

>>58343000

Checked and Soon

>>58343864
If that's actually the case I'm honestly glad as a relatively new stacker. I had way less metal back then, I needed time to shlorp.

It just keep getting back after after they knock it down…

>>58343867
OH YEAHH

>>58343903
I like this one, it reminds me of being somewhere in a quiet office

>>58343821
I always did want to be a warlord, i'm going to use my silver to fund incel death sqauds during the hyperinflation. Maybe I will make myself the new Atilla while I'm at it.

>>58342816
a 2 peso gold coin is .0482 troy oz and is worth 120 -129 on pmsforsale depending on who's selling, you can buy a weeks worth of groceries with that small coin that's barely the size of a penny, and if that doesn't work then silver or copper, we don't need to reinvent the wheel with gold backs ,they carry too large of a premium to worth anything, the conversion rate on their website is a lie,

Despite silver being pricey, I just got a stellar deal on 90% from the local shop. Only 21.5x face value. Check out your local place, I think 90% being really expensive for a while scared people off of it and made it cheap again.
I wish I could've afforded more, paying only $5 of premium on $86 of silver, $4 face of dimes is an utterly orgasmic buy. I feel like a king.

>>58344208
For me it's the silver dime.

>>58343470
>raw data
Wouldn't let me download it so I eyeballed the chart.

>>58343470
>>58343519
>>58343577
>Still trying to figure out when it started.
I think between June and September of last year. I could figure out a more exact date.

It’s just keeps going up. Damn. I wanted more cheapies. But this is fine too I guess.

>>58344312
When silver surpasses 3 figures you will remember this moment as the cheapies

>>58344275
ok so I think it was between mid July (~11th) through September of 2023 when the price of silver in Shanghai diverted significantly from the dollar price.

We haven't seen anything like this in recent history since the scamdemic in Feb of 2020, and that only lasted a couple of months before the prices stabilized.

We're now on month 7 of a 7%+ difference between Yuan and USD prices of silver.

>>58344312
GSR is off the 800W. It's still cheap.

>>58344444
>/pmg/
What an utter waste. And the digits were taken by a 1pbtid. Probably a script kiddie baggie.

>>58344462
>Tourist seething

>>58344356
yes. even if it peaked at $50, one could still make a tidy profit if bouyibng today.
But I believe $100 Silver is entirely possible. we are in a new age where things arent goinmg to be like last time. just the devaluation of the dollar is enough to make up for 50% of a rise in Silver to $100 IMO

>>58343213
Arbitrage opportunities mean silver in the western pricing exchanges MUST rise or traders will drain it all to sell in the east

Guys i'm scared

>>58344649
Be not afraid anon

>>58344462
Nah that was just validation from the number gods. I haven't been holding any miners except GDX since a couple weeks ago.

>>58344534
2008 was about 100 and 1980 about 960 with shadowstats inflation

>>58344208
i shilling for goldbacks. Somebody asked the point and I explained it. But I will say this: there has never been a society that used only gold coins as money for exactly the reason I stated. To buy a pack of gum you would need a coin the size of a grain of sand. Even silver had to be minted in very small sizes in Roman times. So, as I said, IF you are going to have a pure gold money system, you have a problem. Goldbacks, in theory, can solve that problem.

>>58344312
Who needs cheapies when you can rule the world with what you have stacked?

>>58344703
*not shilling
Ha!

>>58344675
>2008 was about 100 and 1980 about 960 with shadowstats inflation
whew. yep. that seems about right. so $500 silver seems reasonable

Are you Anons ready for the BULLion Market? We're entering a new Silver Age.

>>58344649
I hear you. We have known the system was unstable for a long time, but to see it actually start to unravel is unnerving. It is the gaping maw of the unknown opening before us.

>>58344780
Oh its gonna be one WILD ride….

>>58344703
>Goldbacks, in theory, can solve that problem.
Copper already solved that problem ages ago. Cupronickel is most durable and resistant to corrosion.

>>58343109
>glow
lmao. Time to IP hop and drop the 80% losses line. Cmon! We're all waiting. Say the thing!

>>58344703
then use a silver dime worth $2 to buy that pack of gum, again the gold backs are solution to a problem that doesn't exist and is impractical because their value is based on the premium of the product not the gold itself

>>58344795
Yup - unless government sets a fixed ratio between different metals. Then you have problems. The solution is to coin in different metals by weight and let them float in value against each other. Otherwise you have a Gresham's law problem.

Haven't seen IQdelet here in the past couple days, funny that

heres a comparison between a $50 gold back, the highest denomination and a 2 peso gold coin

>>58344825
Gresham's law is a problem that ALWAYS exists with bimetallism at fixed ratios.

>>58344825
Another solution would be to exchange (sell) the gold for an equal value of silver, then divide the silver and exchange it for something else. The fiat money we use is designed to avoid this issue altogether in everyday trading. Gold / silver are better as illiquid stores of long term value than as instruments of trading.

>>58344875
mabye you're right, but it wouldn't be hard to convince someone to sell you food in exchange for gold if its an old mom and pops store or even some rancher for some meat, this is all theorizing of course

>>58344792
Why isn't there furry silver yet

>>58344916
>furry
Animu is fine. but furries get the rope

>>58344931
Anon if you're trying to make a point use better than computer-generate slop for your images, this is just sad

>>58344836
he only shows up when they they tamp as far as i can tell

>>58344916
Like this?

>>58344972
Close, now we just need it to be a girl

>>58344275
>>58344412
Thanks anon. I'm trying to figure out if anything interesting happened in China or with regards to China's relation with America or other countries around that time, but I haven't found anything really notable.
Maybe something to do with Xi-Blinken talks in June? Maybe the Chinese didn't get something they wanted, or the meeting went poorly behind closed doors, and the Chinese said "doomp eet".

What was the gold to silver ratio again? I want to pick up more 1/10th oz's before gold prices get more crazier.

>mfw got into silver literally 3 weeks ago when it was $25.60
>mfw I bought a couple bars

>>58345001
83.38 today

>>58344972
https://m.youtube.com/watch?v=c6M89iDabwM

>>58345033
I remember buying silver when it was $13 an ounce. I should have bought more back then.

>>58344959
aw crap. i didn't notice it was AI. im starting to get accustomed to AI art and now im not pickign up on it. i just save image, and re-post later.
oof. i gotta stay vigilant. i do not like AI art either.

Is this bullish?

>>58344916
I'm seriously considering one of the forbidden MLP rounds.

>>58344998
I found 1 event in particular that corresponds perfectly with the spike.
>July 11th, 2023: NATO Summit Vilnius. 24 members of NATO announce support for Ukraine membership.

There was also a very hyped BRICS summit in August.

>>58345095
Costco is so based.

>>58345146
>triger discipline

>>58341723
il buy more if the price goes back down

>>58344649
Im not

>>58345165
the burger was talking shit

>>58345146
Beijing doesn't care that much about Ukraine one way or another.
BRICS summit makes way more sense.
The main point of BRICS is "loose collection of countries united by not much except general dislike of current global financial order".
August 18, 2023 was the summit date.
Somebody (not me because lazy right now) see if the big silver/gold spread between Shanghai and Comex started around that date.

>>58344780
I know I had 20 million years but I wasn't done yet...

>>58345165
He fully intends to shoot and kill those burgers.

>>58345211
It started right around July 11th and has been going since then, but we knew about the BRICS summit ahead of time so it's possible that was also when the hype really started to build for it.

We're continuing to.......
POOOOOOOOOMMMMMMPPPP

>>58345430

$30 silver and $2500 gold by Friday

>>58345095
I'm just glad they're undercutting those TV ad bastards. But yes, bullish and based.

>>58345211
I found 2 other things that might have contributed:
>July 10th: Fed announces rate hikes are done after July
>August 2nd: Fitch downgrades US long-term ratings to 'AA+' from 'AAA'

>>58345095
Does costco sell silver? If they don't would them getting into silver be a game changer?

>>58345430
No! I……..needed……more…..time!
*dies*

https://www.youtube.com/watch?v=90WD_ats6eE

>>58341723
Why won't they make it stop?!

>>58345664
why can't they just list a couple for me to buy

>>58345545
Costco Canada Does

https://www.costco.ca/bullion-collectible-coins.html

>>58341723
>Silber Bears Edition

>>58344866
imho the solution is a range. A country pegs the GSR at say 1:15.5 but allow adjustments within maybe 6 points, say 14 to 20. There would be serious checks and balances in the law and a body would vote over any adjustment to the peg. That alone would probably solve any fear of fluctuation.

Pack it up bros, it's officially joever

whats with the "shiny rocks" retards?
when that sunflare hits next year, yalls imaginary e-bucks are gone forever lmao.

>>58343044
Not an Asahi fan, but I like this gif.

>>58345714
Down 0.01% ????
Aaaàaaaaaaaaaaaaaa
I am financially ruined!

>>58345675
Intredasting. Imagine being able to pick up an ounce of silver with your weekly grocery shopping

>>58345797
Costco
Famous cheap Hot dogs and gold bullion.
Mmmmmm. All is right with the world.

>>58345675
>limited to members
>limited to one purchase per week
>limited to 5 units per purchase
>forbidden to see the price unless you sign in
That's a load of restrictions simply to purchase a fucking silver coin...

im hoping the tribe can tamp down PMs for at least another five years.
i have a good stack but im not complete yet!

>>58345545
Yes but they only sell 20 rolls of American silver eagles in the US and they usually sell out fast.
https://www.costco.com/-2024-1-oz-american-eagle-silver-coin%2C-20-count.product.4000240592.html

>>58345096
They did a good job on them, for what they are.

>>58345892
You'll never be complete. Just slurp while you can.

>>58345918
'MERICA

>>58344256
I haven't been paying attention to metals at all lately but decided to get some junk due to the pump. I was wondering about the price of 90%, APMEX has $1 face at like $23-24 and a 1oz bar at $32.
Now it's been awhile since I purchased anything but that seems like a huge gap to me. I might be misremembering but I thought $1 face value of 90% constitutional was at least equal to an ounce of .999. Am I retarded or has the price dropped on junk?
I got $15 face in mercs on ebay today for a good price, might get more at this rate.

>>58345957
by this time (hopefully) i'll add two more ounces of gold.
i might have to start buying kilos or 100 ouncers if i want to keep stacking silver. 600ounces takes up a lot of space.

>>58345965
90% prices were overblown in 2022. I've been buying from MM for the past year or so, they have decent prices and they let you order mercs even while they're not in stock.
https://monumentmetals.com/silver/90-40-silver-coinage.html
https://monumentmetals.com/tube-of-90-silver-mercury-dimes-5-face-value.html

Also keep in mind that the junk ratio is $1.40 face per troy oz.

>>58345710
Too much government! Just mint the damn coins in gold, silver, and copper in different sizes with weight and fineness specified and let people do what they want.

>>58345096
>>58345954
I'd post my pic, but last time I did that I got an MLP ban, even though it's silver.

>>58346106
It is silver. Not like posting toys, or whatever those degenerates are into.

>>58345994
>tfw you have to file a permission slip to buy $500 fv of junk
i hate it.

>>58345965
>I thought $1 face value of 90% constitutional was at least equal to an ounce of .999
There's your mistake.
A dollar of face has about 0.72 of actual silver. So divide the price for face by 0.715 to get the Ag price per ozt they charge.
$24 / 0.715 = $33.57. It's typical for vendors to charge more for constitutional than cheapest generic.

>>58346118
I know it is. Didn't stop the ban. It specifically told me it was because of posting MLP outside of /mlp/.
However, my photos were posted to Numista. You can see the granite reflected in the shot at right.
https://en.numista.com/catalogue/exonumia374452.html
Poster beware.

>>58345965
Nah, man, junk has been much better the last 4 months or so. I was getting 18x at my lcs until this run and he is at 21x now. Online it’s a little more like you saw but no where near as crazy as it had been for a while.

anyone else looking forward to seeing their fellow people in your age group lose everything. As a 22 year old, I can't wait to see all the try hards wage cucking lose everything in the coming hyperinflation. Meanwhile me as a racist incel neet will make it just by buying silver. It is going to be very fun to shit on all the try hards who think they made it by wage cucking for 80k a year. In my opoinion every 4channer is morally right to shit on all the normies once we make it.

>>58345994
>>58346029
Dang, that right? Oh well, the amount I got at $18 makes it easy to sleep at night. Love me junk.
>>58346158
> It's typical for vendors to charge more for constitutional than cheapest generic.
Yeah that's what I thought but like I said I remember it being $1 face of 90%=1oz in price.
>>58346226
Hell yeah, time for more.

>>58346198
>You can see the granite reflected in the shot at right.
Great pics as always, photoanon. Can't believe those garbage Hasbro MLP rounds are averaging $100, kek.

>>58346241
>in price.
Oops. I misunderstood.

>>58346252
Thanks Anon. I just learned the Hasbro ones even existed. $100, eh? Yikes. But official logo carries a trademark or copyright premium.

>>58345213
I’m sure we can work out some barter. Do you have any 19 year old daughters with torpedo titties?

>>58346317
based, but change it to 16 year old daughters.

>>58346241
Luv me some junk

>>58346405
I posted this picture on Halloween 2020 while the board was absolutely filled with silver haters and I was attacked by a gang of them :(
They are a hateful bunch

>pay me
>pay me
>pay me my silver now
>pay me or go to jail
>pay me my silver now

>>58346405
Beautiful
>>58346500
Mighty fine stack of coin anon

Show starts in 20 minutes who wants to watch with me?

https://youtu.be/btiL12hnheA?si=uYSqhwbhC5frZzhM

>>58346557
i can't stand the ads in these

>>58346405
Constitutional! Stop slandering your own wealth
>Nice stack

>>58345065
Same bought my first 13 oz at $13oz.

>>58346405
>>58346500
something very attractive about these pictures.

>>58346512
Listened to this today for the first time in a while. Still slaps hard.

>>58345065
I remember a buddy of mine being told to buy silver by his dad when he was 16 back in like 2011. He practically paid pennies for what we pay $100 for now. I think he only spent about $150 for a modest beginner stack

>>58346681
>back in like 2011
That doesn't make sense, silver was at $50 back in 2011..

>>58346681
>>pay me my silver now
I hope you meant 2001

>>58344649
>Guys i'm scared
that's how they make money. On fear.
Silver has been in the low $12s and high $29s in the past few years.
No shit. People say silver is volatile for a reason. Give it a month and you'll be crying you spent everything buying $29 instead of the $22 price it's at now.

>>58346317
NO, I WAS SUPPOSED TO BUY OTHER PEOPLE'S DAUGHTERS! THIS CAN'T BE HAPPENING! AHHHHH!

But I kid. I actually have something approaching a decent stack, but I want more. Sometimes I wonder if I'm being greedy, but then I think "nah."

>>58346719
>I was 8 in 2001
>none of my family stacked
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAH

>>58346744
>Sometimes I wonder if I'm being greedy, but then I think "nah."
That's the way to be.
>Poor stay poor by spending like they're rich. Rich get rich by spending like they're poor, and investing.
I wish I had that mentality and the knowledge of the importance of silver when I was younger.

>>58345918
As of the time of this post they're $669.99 for a tube of 20, but out of stock.

Andy "Schectman" (I know) talking about the tamping in more detail than most anyone else I've heard. It's actually really reassuring to hear someone address it so openly.
https://www.youtube.com/watch?v=DSBgDbkh-5w

Andy got some ink

>>58346835
kek

>>58346719
>me in 2003 : young kid, healthy, beautiful, full of life and hope
>me in 2024 : old, gray beard, fat, bag under the eyes, sick, bald, dark hole of despair

>silver in 2003 : shiny and gorgeous
>silver in 2024 : shiny and gorgeous
Is it normal to be jealous of your own stack?

>>58346906
Growing older is a privilege anon, don’t sweat it so much. Tomorrow isn’t promised to any of us.

"Once you piss in the punchbowl, no one's going to drink that ever again." - Schectman on the US dollar

Guy is so quotable

We're gonna correct, it's over..

>>58347066
Um source??

>>58347066
The run is the correction, retard.

>>58345492
Ok here's my final analysis of COMEX vs. Shanghai Metals Exchange (SMM) price of silver patterns.

I'm still not sure what caused the gap to widen so much near the end of the year but I guess BRICS was part of it.

>>58346738
this is why i doubt i will buy anything. i've seen this before. i'm predicting most will start spending their extra money going out doing summer activities.
maybe this winter things will ramp up, especially after the next government shutdown/presidential election.
>>58346756
>tfw no one in my family stacked
>mfw my granny has been collection junk silver since '64
i think she has $800fv in coins and i'm the only one who has ever taken an interest in her collection.
i'm in absolutely no hurry to inherit it and the later the better.

>>58341723
I want to drop $10k on gold coins this weekend.
Should I wait for a dip or will I get left in the dust?

>>58347203
>this is why i doubt i will buy anything
>presidential election
We're on the same wavelength. I've bought $30/oz 100oz bars. There are youtube videos out there of people unboxing $45?/oz silver bars circa 2011.
Meanwhile platinum and palladium have pulled back substantially.
I know enough to know I don't know this wave and will sit it out and stack cash for the dip.

>>58347244
I remember around 2020 here when a new anon was desperate for his first gold coin.
Gold had just hit $2,000 an ounce and he didn't have a penny to his name.
He asked something similar to
>Should I wait for a dip or will I get left in the dust?
He maxed out his credit card and was underwater for four years.
Greedily, yea. Buy gold. I'm ready for a dip.

>>58347311
I have little over 20oz now but I’m really itching to get more.
I think this spike will have everyone thinking the same thing.

>>58347311
The fuck up here is the debt, far more than the purchase. Gold is nearly always a retarded short play, double that if you are buying with debt. It’s one thing to wait four years or more to break even (even if just nominally). It’s a whole other thing to pay every month for the privilege of losing a bit of money.

Never fomo into PMs, buy here and there when you can find the smallest premiums. Buy a little extra on dips. The time to buy big is when everyone forgets about PMs

>>58346835
>>58346893
Got drunk in Amsterdam lol

>>58347190
Related?

https://www.youtube.com/watch?v=yMSv-jALIAM&t=3s

>>58347311
mustve been after i started coming here. hell probably around the same time.
i do remember FOMO'ing into silver, buying ASEs at around $32 an ounce. no clue what my DCA is and dont care. I buy whenever i have money and the prices were decent enough.
i dont think i'll buy an ounce of gold over 2k.
if it never goes below then it's fine, i have 25toz.
As for silver...i dont know why my limit will be, maybe $24. depends on how much the silver bug bites.

>>58347413
Still when there's a dip it's a good time to invest in a starter pack. That's what I did a couple years ago when it was at like $20-23. These current prices aren't where you want to freak out fomo though, you're right

>>58347337
I'm more heavily into silver, but have just a few ounces of gold less than you.
Between my quarterly bonus and the recent FOMO, I've been fighting the urge, but can't help associate the two (correctly or not) and wait for a more calmer period.
The DXY has been relatively calm, so what explains the 20% increase in silver in March? Marketing? Big banks? It's all heresy and speculation and fear. Cooler heads prevail.
>>58347343
I agree wholeheartedly. Debt is the devil and PM aren't short plays. The debt in that situation is a psychological (and financial) leech which I imagine may have prevented him from ever buying PM again.
>>58347477
You sound very grounded. My shields go up when PM 'moons' and everyone starts acting like they have, or will shortly, win the lottery.
If bread was 1/10 an oz of silver and silver moons due to inflation, $100oz silver could make bread $10 a loaf.
Yay. We made it.

How much silver is enough to be ready for what's coming?

>>58347545
All of it.

>>58347523
FairPlay.
I have 700oz of silver but it never seems like enough.
Bearing in mind I have purchased any PM for almost 2yrs now and I’m fiending.

>>58347545
10 oz per month to survive
500 oz to be comfy
2000 oz or more to be wealthy

>>58347203
>i've seen this before.
it's unironically different this time

Yellen has been on two trips now begging China to stop building solar panels.
She is the Secretary of the Treasury, why would she care about solar panels?

>>58347618
Wtf does she not support green energy?

>>58347274
nobody cares about your meme platinum group metals

>>58346776
What decade were you born?!

>>58347733
Solar panels use a lot of silver, and the amount of silver keeps going up to get higher efficiency.

>DUBAI, Dec 2 (Reuters) - Governments launched new initiatives on Saturday to bolster clean energy
and to wean themselves off fossil fuels at the U.N. climate summit in Dubai, where countries are grappling
with how to halt the non-stop rise in planet-warming emissions. In one of the most widely supported initiatives,
118 governments pledged to triple the world's renewable energy capacity by 2030 at the U.N.'s COP28 climate
summit on Saturday, as a route to cut the share of fossil fuels in the world's energy production.

Also Yellens Director of the Mint has been trying to produce less and less Silver Eagles to most likely reduce silver demand.
Bix Weir broke that story in the following videos.

https://rumble.com/v2s29za-alert-the-us-mint-and-the-silver-eagle-conpsiracy-part-1-bix-weir.html
https://rumble.com/v2s9xcu-part-2-us-mint-silver-eagle-conpairacy-senior-management-road-blocks-bix-we.html
https://rumble.com/v2t65rc-us-mint-silver-eagle-conspiracy-part-3-long-list-of-ongoing-illegal-operati.html

>>58345954
I also have 5 mare coins

/we/ are kings

I fucking hate living in a cucked state where I cant DCA without being taxed.
$2499 or less per transaction getting kiked means I have to time the market and I have to have cash on hand. And now I do but I know better than buying this high

>>58347870
>trying to produce less and less Silver Eagles to most likely reduce silver demand.
That's not how that works, but I wouldn't mind someone sending Eagle premiums through the roof again.

>>58348054
So you are saying that you don't know why premiums on Eagles were high, got it.

>>58347870
>Solar panels use a lot of silver
you forgot to mention the best part though

>>58348164
What a shame

>>58348164
Covering arable land with solar panels is a crime against humanity.

>>58348050
Find good FB groups to buy / sell in. Just reference check your seller. That’s always where I buy. No tax. Just price + shipping

>>58348164
And they constantly toss those things out of they get so much as a crack on them
>>58348196
What a rotten way to scrap

CPI might hurt
https://youtu.be/2H5uWRjFsGc?si=fh2FUoyI_u8XTggL

>>58348352
they have plenty

WHERE’S THE TAMP

STOP THE COUNT

>>58348883
We're turning the tide desu

>>58347746
90's

>>58348883
anon, i... that was the tamp

Fiy, we control the tamps now. The ball is in our court, second to last inning; We have the bee's knees, the cat's pajamas, the fish's raincoat, the golden geese, the silver bullet, the left handed hammer, two pairs of snake eyes, the dog's basoon, AND the man in the moon [moonman]; it ain't going down unless we [weaponized autists of pmg] say so.

>>58348883
I've seen this post every night for the past like 2 weeks. Cheapies are gone

>>58347618
what a stupid vile excuse for a woman.
givign women the right to votge was a mistake
giving women the right to speak in public was a mistake

>>58347203
>most will start spending their extra money going out doing summer activities
The masses are asses.

okeefe at the FED kek. he cant sleep, too excited.

>>58349493
Regne de la LOL?

>>58350269
Link? Couldn’t find anything on his X

>>58350460
It's literally the last thing he posted

>>58348883
filthy bankers lost control

If evens I slurp this dip, if odds I wait until a bigger dip

I told you 3 threads ago this Gold and silver pump is a scamwick. Now we gonna head back to 2k$ and 22$. It's over

>>58350880
God I hope so.

>>58341723
Tiny hats are slamming the price down. Waiting for another slurp when they finish their kvetching.

>>58350880
gold could afford to go down a bit more, but $22 silver would be nice. i think i'll buy to 1ktoz and end my silver purchasing.
when i get a herd of buffalos and a few other gold coins i'll be done with that too.

>>58350880
Idk investors may be waking up to the fact that it is unironically over this time.

>>58350880
WTF bitcoin dumped hard and so did silver but now silver is back at 28? You can't keep this metal down.

>>58349144
You’re the weirdest lurking shill we have here.

>>58350880
Do you imagine that the true stackers who have been sitting patiently for years while the global economy swirls down the toilet and stock and crypto gamblers made millions are going to care if there is a little delay in the unfolding of the final reckoning? You must not be very bright. If prices dump I buy more. Life is easy when you base your decisions on 3000 years of human history rather than yesterday's fake news or the madness of crowds.

>>58350909
>>58350972
>>58350880
China will happily slurp every dip until COMEX is drained.
They have literally trillions of FedBucks to spend before they turn into Monopoly money.

>>58350983
Do you imagine that’s a real stacker you’re bickering with or perhaps an obvious shill who should just be ignored?

All the faggots freaking about tamping are shills. Silver is still $28 like god damn relax.

>>58351006
Maybe the true scam wick was the bear traps we made a long the way.

>>58351010
Do I seem hysterical to you?

>>58351020
Let's see if the inevitable 1030 Eastern tamp gets slurped up too, not that the daily movements matter that much in the big picture.
So long as Shanghai has a big spread over COMEX dips will be slurped and the physical metal heads east.
It's almost like the absolute retards running America have forgotten Econ 101.

>>58351049
Come on dude get some coffee. I was obviously telling the other anons to relax while asking you to not to entertain them.

>>58351006
If China goes all in on trading its dollars for gold and/or silver, it will be the end for the dollar. It will start a rush for the door and all the dollars the USA has been pouring over the globe since WWII will come pouring back into the domestic economy. That, plus the inevitable US government helicopter money drops will bring on the crack-up boom.

Eh!!!!
What the Fuck Was That?

>>58351081
silver is unstoppable

>>58351103
It definitely feels different now. It used to be that on a big dump after a cpi report silver would be depressed for nearly the whole week before it finally climbs back up to its original price before some news drops again. Now it recovers in a matter of minutes. Something has changed.

>>58351070
First you tell me to relax and then you tell me to get coffee. Coffee is a stimulant, you know. Your mixed signals are making me tense. Only precious metals can relax me.

Picrel is the uncolorized side of one of 47 Japanese Prefecture Commemorative silver coins that some mad lad on this board got me hooked on.

>>58351188
Flip side

>>58351188
Are you a bot or hyper arrogant boomer who doesn’t want to read?
I didn’t tell you to relax and I won’t explain this again.

Now that the dust has settled, who won?

>>58351272
The good guys

>>58351272
Anyone got that "facets of pmg" men's? I want to see my 2020 face reflected in silver again

>>58351246
Might want to check your post bud. You responded to me alone saying "god damn relax". If you don't want me to take it as directed at me don't direct it at me. Not hard to understand.

Here's your dip, bros.

shiny rock coin rugged

>nice one out for delivery
>diligently prepare my submission forms
>go check current submission times
>see picrel
usually us coins have the same time as world. they must be flooding them with coins :(

>>58351341
>Might want to check your post bud.
Bud, you can't read for shit.
>>58351341
>You responded to me alone saying "god damn relax"
Is that actually what happened or did I say the following to you?
>58351010
>"Do you imagine that’s a real stacker you’re bickering with or perhaps an obvious shill who should just be ignored?"

Then a paragraph down and an obvious declaration of "all the faggots freaking about tamping" which clearly wasn't directed at you.

Were you freaking about tamping? No. Were you being hysterical? No.

God I hate boomers sometimes...

>>58351353
>dip
Meh. A 1% drop isn't a dip. Wake me up when gold drops back to $2k.

>>58351378
wow really? there's no more liquidity for silver or gold? it's literally impossible to sell my silver or gold now? (that's what "rugged" means, retard. it doesn't just mean "dump". hth)

>>58351057
>It's almost like the absolute retards running America have forgotten Econ 101.
Its almost like you forget that every single time someone tries to take the west's metal, they get freedom bombed to the stone age.

>>58351602
I'm sure the nuclear-armed country with 4x our population and 10x our steel production is shidding and farding in complete terror.

>Sharp dumps and pumps
It seems their algo is struggling bad and wont be able to keep things down for much longer.

>>58351630
>implying China is capable of waging a war
Kektop 80% losses.

>>58351602
"Metal" is a strange way to spell "oil."

>>58351655
Strategic industrial commodities are strategic industrial commodities. If silver is valuable enough to wage a World War against Hitler over, it's valuable enough to wage a World War with Xi over.

>>58351792
>If silver is valuable enough to wage a World War against Hitler over
I'd love to hear the rest of this fairy tale.

>>58351650
They fought us to a draw in 1951.
We just a lost a war to the poorest country in Asia.
This is biz not pol, but if you really think one nuclear-armed country is capable of stopping another from buying up gold and silver you are retarded, financially speaking.

Silver price falls and Asia buys the dip. Already moving back up.

>>58351646

asia buys any dips. i think youre right.

Silver is the best-in-class tier commodity, never spoils, is value dense store of value.
It makes so much sense that everyone wants silver to look like a shitty investment. They may keep it down for as long as they possibly can. But this is the most shallow commodity market in the world and it can't handle capital inflows when the market cap of new silver is ONLY $28 BN.

>>58351378
Unrugged again

>>58352139

asia dip buying. the deepest of pockets. amazing to see.

>>58351292
The good guys fought hard but ultimately lost the war.

My god I thought the pump and hype was already over.

>>58351211
Another

That wasn't a "tamp" that was the release of the CPI data this morning.

>>58351455
I thought you said you wouldn't explain it again? What happened?

Just wanted to pop back in to thank all the humble merchants out there for my $.30 discount this morning

>>58352334
>What happened?
I suddenly felt bad for you and all those paints chips you ate as an infant

>>58352368
Didn't grow up in the ghetto, but I appreciate your concern.

>>58351646
Do i know my shit or what.

This is an outrage. Shiny rocks are WORTHLESS. Why do you dumb go.... guys keep buying

Another Prefecture Commemorative. I'll post just one more this thread.

>>58351188
>>58351211
>>58352319
>>58352422
>some mad lad on this board got me hooked on.

Damn that handsome bastard.

Last one. Sorry for the poor photos. My lack of skill and unwillingness to crack the cases are to blame. They are nicer in person.

holy shit
WAGMI

>>58352334
>I thought you said you wouldn't explain it again? What happened?
I suddenly felt bad for you and all the paint chips you ate as an infant.

>>58352422
>ghetto
That's a redneck reference not a ghetto reference. You're weird.
And for the record I never told you to relax. Is it really worth barking at me again just to be reminded that you can't read?

>>58352473
Fiend!!!!

>>58352512
How many of them did you buy?

>>58352526
All of them. Should I post each one spread over a few threads? I don't want to bore people.

Next One Up

>>58352606
>>58352606
>>58352606
>>58352606
>>58352606

>>58352613
Yours is the next OP so you might want to spread it out for a while.

>>58352139
THIS IS HOW MODERN WARS LOOKS LIKE

>>58352465
>>58352473
>>58352496
Those are so incredibly ugly. Even a big weeb like myself can't get behind this crap.
I didn't dare to tell you that last year because you looked so happy acquiring those, but i can't shut up any longer. Those are ugly as sin. Sorry.