/biz/ - Business & Finance

I put some shiny bits in my P220. Once I send it to my gunsmith friend out of state for some custom work I'll post it again. I'm going to have the slide and frame Cerakote'd, green for the frame and grey for the slide. Hand fitted trigger, polished chamber and feed ramps.

>>58943325

Tonight is the night.
Stack accordingly before the unemployment numbers come out tomorrow morning. It's gonna be a doozie.

Posting

>>58943339
The newer ones are made by the Highland Mint

>>58943370
Oh cool! Thanks.

just keep on stackin, frens

also have a silver salmon coin

>>58943363
>implying they are going to tell the truth
>implying unemployment isn't going to go down to 1.9%

>>58943325
That looks really good OP.

>>58943325
I ate meatball parm, baked ziti and a greek salad.

>>58943378
Im glad i saved this article from "10 years ago"

https://www.rt.com/business/us-unemployment-economy-crisis-assistance-006/

>>58943398
37% sounds about right if you include underemployed people

>>58943416
Thats 37% from 10 years ago, whats it today?
50%, 60% +???

>>58943363
>Tonight is the night.
>Stack accordingly before the unemployment numbers come out tomorrow morning. It's gonna be a doozie.

Current gold spot price USD.

>>58943363
>Tonight is the night.
>Stack accordingly before the unemployment numbers come out tomorrow morning. It's gonna be a doozie.

Current silver spot price USD.

>>58943363
>>58943427
FFS, here's the gold spot price image.

>>58943398
>Russian English language propaganda outlet
Trusting any media is like believing in the tooth fairy. If you do it as an adult, I have bad news for you...
I'm sure unemployment is higher than the numbers game the government plays, but over 30% in 2013 sounds like complete bullshit.

>be me
>want to buy the proof palladium eagle tomorrow
>it was supposed to go on sale at $1,850 based on current spot price
>it's already listed at $1,900
I hate

>>58943718
don't waste your money on meme metals
get yourself a few tubes of silver eagles instead

We are currently at 32 Apurands
Also should hope to have an ETA for the Pirate rounds tomorrow
Only question now is, what comes after Apurand?

>>58943791
how about pic related

>>58943803
2spooky3me

>>58943791
Since the WW2 Apu isn't doable, maybe a silver Imperial 5-Mark with Apu in a Field Marshal's uniform and pickelhaube on the obverse with the pepe black swan or spurdo as the eagle on the reverse.

>>58943833
I'm a fan of this idea, saved

>>58943833
>Since the WW2 Apu isn't doable
yet
t. making a pantograph

>>58943833
I propose this on the birb side. It's round and perfectly fits.

locked in a 1oz gold and 5oz silver eagles

is .500 scrap worth paying spot for?

>>58944223
Depends on your use case and the price - I've heard from certain types of refiners that it's typically not worth the process to extract the silver (because it's less efficient with more waste) so they're not as preferentially taken if you ever wanted to offload them for their melt value - but silver is silver, still, and if you're getting more troy oz (of silver) than you'd get buying higher purity stuff it can eventually become worth it even if you have to account for the refining process (again if you decide to actually use it for melt purposes)

Basically it's a partially debased currency, and part of the reason spot is the price it is is because of the relative purity; if you're paying 1oz spot price for 2oz 50% silver then there's an argument but you'll probably want to be even more favorable.

>>58944266
>and if you're getting more troy oz (of silver) than you'd get buying higher purity stuff it can eventually become worth it
I'm a bong, so my options for VAT- and CGT-free silver are basically nil except for pre-49 coinage, so I went for it. If silver moons the refiners will start melting down worse quality stuff and economies of scale will make selling it a better deal, if it doesn't then I'll just take the haircut.

Got another one.

>>58944325
Weight and purity?

>>58944275
I thought it was '47 that they debased the currency totally?
get pre 1920 coinage, thats 925 sterling, I stack any old coins with >900 fineness. and don't compete with me on the bidding!
almost impossible to find anything without a huge margin here in the UK.

I got my first silver 1 oz Libertads today, 5 of them in addition to 75 generic (9Fine Mint) 1 oz rounds.

>>58944341
The 9Fine Mint rounds I already owned.

>>58944330
7,17g gold, 90%. Total weight 7,96g.

I spent a few hours going through this huge jar of change.

I got a single 90% dime!

But I also found an '82 quarter with a mint error. Not precious metals but kinda cool.

>>58943718
Palladium could continue to drop from here.

does anyone have an explanation for those russian notes for those of you in that thread? never seen those before.

>>58943837
yes please. will be ordering some of the new round next week when i get paid.

>>58944493
Quote the post instead of expecting to know wtf you're talking about.

>>58944502
>>>/pol/480760564

>>58944506
It’s explained in the 3rd comment there pretty clearly. Why are you trying to bring that shit here? Muh Russia propaganda shill?

>>58944510
yeah i'm a russian shill

picked this up

>>58944437
Yeah I decided against it. Probably. Palladium and Platinum coins simply are never worth it even though the combination of Mercury+that eagle is my favorite.

So I bought a 1/10th gold Mercury instead :)

>>58944493
>russian notes for those of you
I read this as Russian Intel notes leaking on the various /pmg/ posters. Would have been infinitely more interesting than that pol slop that's been posted here for the last 15 years

>>58944515
>check /pol/
>catalog is full of Russian propaganda posts
>even unemployment being blamed on Russia
>come to /pmg/ for relief
>some faggot can’t for the life of him elaborate on his vague question about Russia and some unknown thread
I sincerely hope you understand why you sounded like a shill. Just explain your question like a big boy.

IT'S HABBENING
WE'VE GOT LIFT OFF

>>58944493
>does anyone have an explanation for those russian notes for those of you in that thread?
>referencing a thread on a totally different board
>a board which moves super fast
>expects us to have seen it and know from that vague explanation.
ffs stop making a disgrace of the white race.

>>58944591
>IT'S HABBENING
It could just be BAU. It's not like it jumped a whole 10%+ instantly.

it's over

Post Russian coins.

>>58944840

>>58944510
>being anti-russia

>58944510
Turbo cringe jidf

who is better for PM's
>Kamala
>Trump
I want prices to go DOWN so I can buy more
who should I vote for?

>>58945336

>>58945345

>>58945242
>caring about European wars
The Ukraine-Russian War is a European problem and the US shouldn't be involved at all.
>>58945345
It doesn't matter who wins, we all still lose. Both are shit. It's not even a giant-douche or turd-sandwich comparison anymore, it's cat turd or dog turd at this point.

>>58945432
>it's cat turd or dog turd at this point.
Although to clarify, Trump is the cat turn because he has orange cat energy and Harris is the dog turd, because she's a dumb bitch.

trump is a piece of shit. i want him to lose and then go to prison for whatever BS charges the democrats throw at him.

>>58944175
Fuck off fag,your insufferable

>>58944175

>>58945508
>whatever BS charges
Well, that's just it. They're BS. I doubt he'll see prison. If anything he'll just get a time served sentence. Ironically he's still less of a criminal than most other elected officials.
Too bad RFK Jr. endorsed Trump, I was going to vote for him. Only because he's publicly against BlackRock. Not that it would matter anyways.

>>58944715
I'm going to pile on chicken poster too, but say this. Your memes were entertaining on /bant/, but this is /biz/. They belong over there. Maybe use the effort to keep /bant/'s /pmg/ alive? I'll post there too if I see a /pmg/ thread up, but I'm not going to be the only one making new ones every time it 404's due to overall lack of interest.

>>58945432
>The Ukraine-Russian War is a European problem and the US shouldn't be involved at all.
You're wrong about all of the things in your life. I wonder what you're doing on /biz/ of all places, considering your complete lack of understanding that war = money. And war is business. And influence. And power. Always has been! But, one can't be a completely oblivious retard, to things like: the entire fucking history of human beings.
Speaking of Yuropean, you drooling fucking mutt, you do know, that U.S. in in the direct competition on the "free" global market with the EU as well as with China, and even with Russia. Different countries provide different shit and control different markets, in case of Russia it is a lot of fucking natural resources, for example. If you think, that U.S. does not compete with Russia over the EU as a market for oil, natural gas, etc, you're an imbecile.
Moreover, U.S. can not allow itself to play with open cards and disregard the EU politically, esp asp constant attempts for decades to hurt the European economy, because the Earth is not infinite. And humans are not infinite. And who'll spout bs about human rights, democracy, and other bullshit, to make MONEY, make no mistake about it, whenever the U.S. advances then economical conflict with China?
There are so many factors, areas, happenings, and conditions in this world, the systems are so intertwined, that your degenerate empty head can't even begin to comprehend they exist.
TL;DR: Damn right it's "none of your business", you retarded nigger. Until the U.S. loses all of the influence in the world, and you will be forced to eat shite, because you're a broke ass spastic nigga.

Fuck /biz/cucks. Post chickun.

>>58945741
>What the fuck did you just fucking say about me, you little bitch? I'll have you know I graduated top of my class in the Navy Seals, and I've been involved in numerous secret raids on Al-Quaeda, and I have over 300 confirmed kills. I am trained in gorilla warfare and I'm the top sniper in the entire US armed forces. You are nothing to me but just another target. I will wipe you the fuck out with precision the likes of which has never been seen before on this Earth, mark my fucking words. You think you can get away with saying that shit to me over the Internet? Think again, fucker. As we speak I am contacting my secret network of spies across the USA and your IP is being traced right now so you better prepare for the storm, maggot. The storm that wipes out the pathetic little thing you call your life. You're fucking dead, kid. I can be anywhere, anytime, and I can kill you in over seven hundred ways, and that's just with my bare hands. Not only am I extensively trained in unarmed combat, but I have access to the entire arsenal of the United States Marine Corps and I will use it to its full extent to wipe your miserable ass off the face of the continent, you little shit. If only you could have known what unholy retribution your little "clever" comment was about to bring down upon you, maybe you would have held your fucking tongue. But you couldn't, you didn't, and now you're paying the price, you goddamn idiot. I will shit fury all over you and you will drown in it. You're fucking dead, kiddo.

>>58945743
It's based when it's on /bant/, cringe when it's on /biz/.

>>58945763

>>58945763

>>58943325

>>58945741
>Tldr
Go back

anyone ever watch this channel?
https://www.youtube.com/watch?v=ylk7Be55vfo

>>58946096
kek

>>58944715
very accurate image.

>>58944840
Guten Abend

>>58946517
Very nice fren! I'm impressed, and jelly :)

>>58946544
thanks fren, no need to be jelly though.
we all gonna make it

>>58946550
Damn! Nice gold stack. Definitely more than I have haha. I missed the train on cheap gold, but at least we all have cheap silver to buy still

>>58945741
Shut the fuck up federal loyalist

>>58946580
>more

As you wish.

>>58946615

Gold was cheap when I bought those coins. I have stopped adding gold in 2022.

>>58946656
What's your GSR? Mines 1:137 at the moment.

>>58946615
Heh, wieners. It's so hard not to call them that at the coin shop.

>>58946714
>not to call them that
What's the phonetic pronunciation?
If it wasn't for spell check I'd be working in a factory.

>>58946728
Dealer boomers pronounce it fill-har-maw-nik

>>58946732
Ohh Austrian Philharmonics, then where does wieners come from?

>>58946706
i am not sure, i only bought silver for fun.
Maybe 1:10.
Gold is king.

>>58946761
It's the Wiener Philharmoniker. Wien as in Vienna.

>>58946761
>where does wieners come from?
It's written on the coin, lad. There were two words to choose from and 4chan naturally chose the funnier, more childish one.

Harry Potter put out a new vid on gold
https://www.youtube.com/watch?v=RYpmFs1L5Xs

>>58946770
>Gold is king
My biggest concern is pic related with gold.

>>58946779
>Wien as in Vienna
Ok, got it.
>>58946782
>It's written on the coin
I own none of them lol.

>>58945959
I have a Moroccan 200 franc coin with the six pointed star and a five pointed star inside it. 72% silver.

>>58946813
>implying deflation will ever happen.

>>58943791
>>58943833
>>58943837
>>58944013
obverse worked on this afternoon. figure on having some wrapping text and then some straight text block on the left

Friday afternoon small haul

>>58946918
inspiration, if any actual artistic types want to make an original Apu.

>>58946933
nice.

>>58946904
Oh it's inevitable, but will it happen in our lifetime? That's the real question.

>>58946770
you're gay

>>58946904
if history is any guide, we'll see deflation before hyperinflation

>>58946943
Thanks. Morgans are gettin' pricey. Haven't picked any up in a while.

>>58946960
Love me some PeaceBux

>tfw we are getting the every election cycle cryptofags are swan diving off of buildings dump.
You would think they would learn these things at some point.

Silver follows macro economics more than micro economics. Local silver stores/refineries are not the basis for pricing and cost structure. The paper futures don't matter neither. So, besides macro economics; what gauge is the best at looking to 1:1 silver ratio? The volume of Silver being bought/sold by the top 20 countries or would it be the shipping times correlating with the amount of silver liquidity in the market? I am looking to make an excel sheet to better track the macro of silver but am stuck separating the wheat from the stalk.

>>58946656
I've bought 2.5ozs
I wanted to buy an oz every quarter, but yeah it's expensive
Had to pay off some debt too
Maybe going forward I can add more to the pile

>>58946933
Looks good to me

>>58946813
Cash is king

>>58947031
>Cash is king
For my boomer parents, sure...

>>58947043
You're not buying your vapes or paying for your door dash in silver coin

>>58947051
>vapes or paying for your door dash
Ugh, gross. I have 5 cigars in a humidor for Independence Days of the future, and I've only had 3 food deliveries in my life, all Domino's in 2021.
In the long run, fiat debt receipts will be valued far less than silver.

>>58943325
>Nice chunk of Salmon
>Cheap ass Red Bull knock off
>Fucking pasta as a side dish
Anon you disgust me
I genuinely don't get why you choose the worst possible options whenever given the chance
It's like youre actively trolling all of just to get your rocks off or something

>>58947125
nothin wrong with a side of mac n cheese bitch

>>58943325
Is that plain pasta?

>>58946918
this is the death's head hat guy, right?

>>58947172

>>58947168
it's mac and cheese. do you need glasses mate

>>58947125
>Red Bull knock off
It's an NA beer dude. Keeps me satisfied and I avoid drinking 6-12 beers a night. Replaces Gatorade too.

>>58947179
this would be fun but they'd probably say no

>>58947172
yep

>>58947125
I bet it was Atlantic salmon too

>>58946109
picrel
>>58946595
Top 3 priorities are: My health. My finances. My cat. Your feelings, incl. the facts, that there is a government i.e., are irrelevant. The world is the way it is. I do not, and will not, see you changing it, esp. not for the better. So, how about you shut the fuck up on the topics you know fuck all about, and stack some more coins? You surely will be a king among your peers with your silver coins, just wait two more weeks.

>>58947201
>>58946918
i knew it :) it looks good so far. i'll see if i can find any other similar looking medals or coins later

>>58946656
I'm not sure why I love sovereigns so much. Is it possible I'm reincarnated from a British nobleman?

>>58947228
Cool story loyalist

>>58947261

1/2
If you're who I think you are ITT, you definitely got fired from a job with security lol
77D

2/2

3/2
Not the fool who was dismissed. Different person. Your SO was poor. It happens.
We're still on the same team overall. I'll tell you a joke one of these days, in a few months.

>>58947255
>similar looking medals or coins later
would be great if in addition to design cues, that other anons would also suggest words and shit for use on the rounds.

>>58946728
why are you collecting those swiss coins instead of pure silver bars

>>58947273
>>58947275
>>58947280
stop posting weird shit in here brah

>>58947286
That's none of your business.

>>58947290
Yeah but I feel the weight of knowledge has finally been lifted.
Sorry, it had to be done.

Did i get scammed or are fractionals really this small?
Heres the 20 Kronen Auatria roughly 1/5 of an ounce and the 100 Kronen next do it
I cant believe that 5 of those wre equal to the big one

>>58947359
Heres another comparison with them on top of each other
Just look how tiny the 20 Kronen are

>>58947188
The bowl isn't messy with cheese.

Mexican 2 Peso coin 90% gold .0482

I feel like something is telling me to buy more silbers.

>>58947410
Sell silver buy gold

>>58947419
What is sell?

>>58947410
You're just looking for a dopamine hit.

What's the process like when it comes to precious metals and the government/taxes. If you held gold/silver for 20 years for instance and had a good amount and went to sell, would there be red flags with the tax man?

I'm just learning this stuff so my main concerns are security and legalities, but a papertrail can also risk your security.

>>58947419
at this GSR? stop giving retarded advice please

I spoke to someone covered in stupid tatoos, face and everything. He had a bitcoin pin on his shirt so i pointed it out before he could utter anything. He then started going on and on telling me how silver and gold are "ancient relics" and "boomer rocks" i just kindly laughed and nodded, he then went into how crypto is the future and some chains were doing something smart based. I told him no thanks and then i gently shut the door after telling him i didn't wanna buy any magazine subscriptions.

>>58947437
It seems like gold and silver both take turns going up and down, maybe that's why during the 00s silver jewelry was more popular, then during the 2010s gold became popular again.

>>58947436
You have the pleasure of paying capital gains taxes on it. Hope you keep your receipts.

>>58943325
i just spent $1800 on precious metals with:
>$300 in my bank account
>$1600 in credit card debt
>now $3400 in credit card debt

i caught the bug and i just want to keep buying. i feel like a fucking nigger with no self control, though.

>>58947629
Based, hope you have some income though

>>58947629
Credit is honestly the worst invention known to man. It lets people live far beyond their means and makes things more expensive for people with means.

>>58947633
checked

im a minimum wagecuck making ~$1500 bi-weekly, meant to include that. my job/industry, should i be able to keep it, does have solid growth potential. im not at a complete deadend.

>Based
thanks anon

>>58947636
its jewish so i mean yeah

I got 1.8kg of gold now, is that enough? And 3kg silver

>>58947654
show pics or bugger off
it better not be GLD and SLV

>>58947629
>why shouldn't I go into crippling debt for a microscopic hedge against systemic collapse?

>Huge deficits in minerals such as silver by 2050 inevitable
we are gonna be space mining by then
it's full of gold and silver around us, they literally can't go above a certain price
supply is not finite at all

>>58947770
>we are gonna be space mining by then
Just FYI this isn't something that will ever actually happen. We are stuck here.

>>58947773
>We are stuck here.
yes, we are
robots are not
the second it becomes profitable (ie, the price of PMs is higher than the cost of space mining it) we are gonna do it
if it never happens it simply means that PMs never reached that threshold, meaning they have a well defined cap

>>58947654
You need 10x more silver, minimum

I really want 1/10oz silver rounds but the premiums are worse than fractional gold.

It's insane. Wish some mint would sell them for a fair price.

>>58947841
Just get the 90% dimes, they're so cheap right now relative to other fractional. Like $2-3 over spot per oz.

>>58947841
go ahead and try to make em if you think you can do it so cheaply

Monument has merc rolls about $3 over spot per oz right now. I've been grabbin these up all year.
https://monumentmetals.com/tube-of-90-silver-mercury-dimes-5-face-value.html

Big fan of the walking liberty halves too. $2 over spot.
https://monumentmetals.com/tube-of-90-silver-walking-liberty-half-dollars-10-face-value.html

>>58947784
Hopefully it will continue to be safe, I think there's not enough people that actually own gold for the people who run the world to want to crash it. One thing you never see when you see these rich people talk about wealth building is gold and silver for a reason

>>58947770
'a certain price' is bottomless demand around $1500/oz though

Spess mining and $40tn of gold under Nigeria have been thrown around for at least 40 years and they never materialize.

i'll start to think about worrying about space mining when we can get a damn man on the moon again.

>>58947864
It doesn't cost any more to make a smaller round than it does to stamp a 1oz. The premium is literally just greed.

Mexican coins?

>>58947951
do you have any experience minting coins

I heard from the jew shills that the further you go from earth, the more abundant silver and gold becomes. They claimed that there were literal solid asteroids of gold, the size of planets, waiting to be brought back to earth and that i should instead buy their flavor of crypto.

>>58947959
there's a near infinite amount of silver and gold out there in the universe, it's true. the universe is infinitely big dude. but we're never gonna get any of that stuff. it might as well not exist

>>58947959
Buy foreign banknotes

>>58947932
YOU WILL NEVER HAVE TO WORRY ABOUT SPACE MINING ANON.

>>58947959
There are multiple different things/facts if you wish, to discuss:
1. Is gold really abundant in the universe? Factually?
>They claimed that there were literal solid asteroids of gold, the size of planets
Here is how the science werks:
https://earthsky.org/space/how-the-universe-creates-gold/
I don't remember the exact name of the star, but relatively recently a star blew up and created some ridiculous amount of gold just floating out there. Something like, if memory serves 40 times the mass of Earth in pure gold alone. I could misremember, and it could be 400 or 40.000. But I don't remember shit, which is why I'd rather choose conservative numbers.
2. Will we or even robots ever reach those distant places to mine it?
Not during our lifetime, so this post >>58947967 is correct. Factually it doesn't fucking matter. Not to us at this moment in time.
3. Price of gold vs cost of mining/production.
There is still plenty of gold here on Earth. In the ground. The reason the mining doesn't ramp up over night are the costs of mining and demand, both. At a certain point it is a sound business decision to dig deeper/open new mines to get more gold, whenever the real supply is short and demand is high. However, if we were to mine gold like crazy today, the price of gold will fucking plummet in a week. Because this is how the market works. You'll make losses as a miner/mining company, but there will be a lot more gold, than there is demand. It'll become worthless on the market.
Same story with silver, except, there is even more silver, than there is gold. Much more. Even just mined and refined. Pretty much every family, or every second family, has silver ware, some silver rings, and so on. Silver truly isn't worth much.
>and that i should instead buy their flavor of crypto.
You can disregard this bullshit ofc. Just because somebody is trying to sell some bullshit to you, however, doesn't mean, that they aren't saying, at least some, truth in other areas.

THE DIP IS HERE! MUST RESIST BUYING MORE SILVERRRR

Kek the paper markets are so deep in computer judaism that a planet sized asteroid of silver and gold would cause their prices to double

>>58948015
>Same story with silver, except, there is even more silver, than there is gold. Much more. Even just mined and refined. Pretty much every family, or every second family, has silver ware, some silver rings, and so on. Silver truly isn't worth much.
this is completely wrong and you're ignoring industrial use, almost like you have no idea what you're talking about

>>58947959
You sir, are a master baiter.

>miners could plummet the market in a week
Big doubt, double kek, bobwannabe. Short the market then dump if thats true.

>>58948039
>this is completely wrong
It isn't. I just am NOT talking about the stuff you want to hear. Like a coin of fine silver is worth moar than silverware. That silverware is basically considered trash and is worth almost nothing on the market. But, these are not news here. Or, they shouldn't ever be news to people on /biz/ in the stacking thread, I should say.
>you're ignoring industrial use
on purpose. because in my view, the industrial use is pretty much the only thing, that is worth using these metals on. At least it makes sense. I don't like apes with overpriced gold and platinum trinkets on their worthless asses. Stackanons are 50/50. If you're after an older coin or a pirate treasure, that's fine. But if you want all gold to be used on minting shite coins, so that your personal wishes will be satisfied, then you're a fucking retard. Your shite coin of gold, regardless of meme on it, is worth less, imho, than the gold used in the high tech industry. Where it's actually useful.
>almost like you have no idea what you're talking about
almost like I have too good of an idea of what I'm talking about. If you think that silver is rare/pricey/or will save ass, then you're a tard. I can only support collecting silver coins as a hobby, like numismatics.
This is good news for you, because one has to be a retarded fucking ape to go after other ape's silver in 2024. As a metal, for industry, silverware, ass trinkets, it is THAT abundant and cheap. Factually.

>silver is abundant... because i said so
Yawn, next shill talking point

>>58948090
first link in the search engine. check out this "huge" price. kek.
>https://www.apmex.com/silver-price

Must've singed your tongue on some silverware or something LOL

>oy vey silverware is trash, it burns your skin and fries your tongue, silver is abundant, they can just teleport it from distant stars that explode over and over again, so just please dont buy silver!

>>58948103
Contrary to the popular belief, for some reason, in the stacking threads, silver is also really hard to convert into anything but fiat currency. What it therefore means is that, for example, selling/trading something I value for silver is not a smart decision. Simply because it will add extra steps of converting anon's silver into something I personally need/want. At this point you can offer rupees to people in the EU or the U.S. and the effect will be similar.
Even more than that, actually. I'd go as far as to say, that it is the same as offering the majority of the population Etherium or Bitcoin. It's worthless to them, because they know fuck all what to do with it. They won't be able to pay for alcohol or a hooker with it right away.
The hope or cope, outside of numismatics, is basically exactly the same as the cope of cryptofags. That the good/currency YOU currently hold will be worth a lot to all the other participants in the market. But will it really ever be? Esp. considering how abundant silver is? Let me doubt it very hard. Primarily because as a speaker for myself only, I will never be interested in silver.

>even though silver and gold are legal tender in several states, its not money dude so just like stop, i said i wouldnt trade it for stuff so im just going to write pointless walls of text and hope that you think im smart because like dude please dont buy silver okay, use crypto instead dude, hah yeah you're the crypto nerd now!
Eben

>i cant pay peruvian hookers with american silver eagles so buy monerotheruembitchoin dude hahaha please buy my bags, don't own any silver or gold oy vey please anything but that, you dont need to store your wealth in silver and gold because even though youncan easily trade it for goods and services, I hate it! Nooo wahhhh
Literally you

>oy vey exchanging a coin for a service is impossible, people have never used gold and silver before in fact this thread discovered gold and silver so its pointless to own it please, just please, its not abundant i swear, i have 5 million tons under my house, i need to dig it but thats super easy i can dig out 1 ton of silver in 30 minutes and 3 tons of gold an hour, so like seriously buy stocks or something ignore that crypto and robinhood can freeze your crypto, thats a schizo talking point even if its true so just like dont buy silver got it? If you do then.... then... your the crypto nerd

>ill have you know that i just dug up so much silver, nobody even wants it so i just give it away for free theres no demand, silver actually doesnt even exist!!!

>>58948136
So then should I buy foreign polymer banknotes?

>You know, nothing actually has more value than everything because if you have a container of nothing, you can then store stuff in it, so like silver is worth less than nothing

Holy shit, you're "productive".
>>58948146
>im just going to write pointless walls of text and hope that you think im smart
1. Ironic as fuck.
2. Reread till you will comprehend what I'm saying.
>>58948151
>you dont need to store your wealth in silver and gold
you can. but even suggesting, that one can get filthy wealthy off silver is borderline retarded. so is suggesting that prices do NOT fluctuate, are immune to worthlessness and inflation of fiat. plus other stuff.
>If you do then.... then... your the crypto nerd
by the third time you at least somewhat understood one of the points. Yes, you're behaving exactly like a cryptofag. This very moment, with your rants, in fact. Basic economy? Never heard of it? The only difference is that cryptofags fap to crypto, while you're fapping to silver.
>>58948160
>>58948177
this is just a straw man. Isn't it? Disregarding the state of things in the world is still stupid, anyway.
Worst thing, factually, is that you couldn't provide a single fact, argument, other than, "I said so", as to why the silver is so valuable, to even store your "wealth" in it. Which is exactly why, the
>silver is worthless to me
>I don't sell for silver
is such a powerful, massive argument in reality. I've even explained why silver is not the best exchange good(s) for me, you just went on a rant.
TL;DR: The core is: You hope (cope), that the price of silver will grow forever, outpacing the inflation, pretty much regardless of circumstances. It's exactly as shallow, so far, as the crypto cope.

What is the best item for exchange other than fiat and precious metals?

>>58948201
>You hope (cope), that the price of silver will grow forever, outpacing the inflation, pretty much regardless of circumstances. It's exactly as shallow, so far, as the crypto cope.
well silver is like, used for stuff
real, physical stuff. such as computers
unlike crypto

>>58948204
depends on your end goal. I would not discard the precious metals so fast. Gold is still worth it, because it's more durable than silver, and because there is so little of it, compared to silver anyway.
If you want to build up a regular portfolio of an investor or like build a trust fund, then gold might, perhaps even should be represented on it in a small amount.
Both as a metal you have in a bar AND an investment in mining operations.

>>58948211
I thought silver is more durable...

>>58948146
Please refer to this post to see why precious metals are a store of value.
>inb4 nobody has heard of silver or gold, ignore any history, its fake they actually traded anything but silver and gold
>inb4 precious metal are not a store of value

>>58948205
>well silver is like, used for stuff
yes. which is why it has a real price, that I can get behind at all times. The supply of silver, however, is higher, than the industry demand. Even combined over all the branches, like automotive, and so on.
The main factor hurting the price of silver is just how fucking abundant it is.
>>58948224
are we talking about jewelry or chemical elements? Gold is almost, I repeat almost, indestructible. Nigh eternal metal, compared to the span of the human life anyway. Gold doesn't mix with shit, it's even resistant to lots of acidic environments (so most acids won't destroy it). Air doesn't hurt gold nearly as much as silver or copper, that change. Like color or becoming dull, and so on.
TL;DR: Gold is a very strong chemical element, don't let the softness of metal itself fool you.

>uhoh stinky

>>58945792
Girugamesh!!!

Christ, I hate it when boomers find internet forums.

>dude silver is so abundant hehe so just uh here take an IOU trust me its so abundant, disregard geological surveys and don't actually ask for the metal, its in the vault just trust me dude

>>58948235
yes, but apes have synthesis. Creating "artificial" silver is expensive, but it is nothing compared to the synthesis of gold. Creating gold is so damn complicated and expensive, that we'd rather mine the universe for it, than do it in a special lab.
Disregarding that, the reason gold and silver went out of fashion, except for the malicious ideas of enslaving the unwashed masses, was because there was so little gold, compared to other goods on the market, and it was so inconvenient, and expensive to transport, that people naturally began using substitutes for gold. i.e. vouchers, i.e. your fiat bullshit promise currency, that might or might not ever be exchanged for gold at the treasury.
Silver is not expensive enough to justify transporting huge amounts of it across the world. Fiat might suck, crypto might suck too, but you can't deny, that I can send you 3$, for example, right now, using online banking, to whatever shithole you're in. And mostly in under a day, but if you're a very deep asshole, up to 3-5 business days at most, you'll be able to access the 3$, and none of us will have to pay any transport cost. We also won't need security for it.
I'm not saying to store everything in useless fiat, just pointing out how exactly the fiat bullshit took place of the main exchange "good" in the market. It's too damn useful in a global economy.
>precious metal are not a store of value
it depends. the price of silver, as posted by me in this thread, adjusted for inflation, did not fluctuate much. But when it does, one might lose money. I say lose, because there is not a fucking chance, that a stacker will sell his stack, whenever the price goes up 3%. If you were into trading like that, you'd play short, and probably stonks, not metals.

Saw a video someone posted a little while back about a guy explaining the recent actions of the federal reserve, used red and white marbles to explain the difference between the reserve notes and dollars. For the life of me I can not find the video or remember who made it but wanted to share it with a friend. Any kind anon remember?

>>58948238
oxidation (tarnish) does not damage silver though, it's a natural protection layer. How does gold protect itself?

>>58948314
>How does gold protect itself?
by no oxidation at all. gold is not a reactive metal. it doesn't tarnish at all. it doesn't rust (almost), or rather the speed is so slow, that no human life compares. Gold doesn't corrode.

Now you're just writing ridiculous bullshit lmao
The claim that silver is abundant is false.

Pic related was typed up by a jewish poo

>>58948318
Tell me about 90% and 22k gold.

>>58948383
Makes circulatory coinage wear out slower. Same reason they had 90% / 22k silver.

WHERE THE FUCK IS MY PANMAN

>>58948393
Tell me a little more about 90% and 22k gold

>>58947932
>again

>>58948015
>not during our lifetime
the only reason why this may be true is that it's not worth it. If it's not worth it to spend X to take tons of gold to Earth it's because those tons of gold are worth less than X. That's it. It means gold's price can NEVER go above X, it has a defined max cap.
Over time, space related tech will only get cheaper, dumping gold's price. The supply is not finite, we could already do space mining with the current tech but it's simply not worth it.

>>58947654
Pics so I can judge your taste

>>58947284
help with verbiage frens

>>58948933

>>58948855
You forgot
>”Only Nazis and racists stack metals!”
Fucking chicken posters

>>58948937

>58948942
>58948867
Cringe. Go back to pleddit jesse

Added the monitor with a price chart to get the point across better.

>>58948073
If there's anything I've learned, it is that I should always do the opposite of what /biz/ tells me.

I will therefor continue to buy gold and silver at a steady rate, with the intent of selling it at a significant profit (inflation accounted for). Screenshot this to laugh at no-stackers in 2034.

Keep enjoying your shitcoins, though :)

>>58948073
>silver is that abundant
There are 92 naturally occurring elements. Of them, silver is the 68th most abundant, meaning it is less abundant than roughly 75% of all elements found on earth. That's not abundant you fucking retard. Silver is rarer than cobalt, and cobalt is considered one of the rarest metals. That rarity is why silver has been valuable throughout the recorded history of civilization. Silver has higher accessability, not abundance. You are talking directly out of your ass.
Cue: goalpost shifting to "practical abundance."
>hurя duяr if i cun reetch it ezyurr is moar abumbdint

>>58948090
This fucking guy

>>58944325
>he only has 20 marks

>>58949141
>aluminum
anon...

>>58943325
Time to get me a vesta property and avoid the huge crash coming to everyone who don’t own shit

>>58949141
Impressive. Very nice.

>>58948972
god damn
https://derrittmeister.com/products/braunschweig-pickelhaube-spiked-helmet-for-officer-in-reserve-infantry-rgt-nr-92?_pos=15

>>58948937

Silver is being used up a lot faster than it can be mined

>>58949239
China has hundreds of millions of ounces of silver all off the books in their solar farms ready do be harvested when the right time comes.

>>58949257
China is deliberately wasting silver on solar panels they don't actually need just to fuck with the Western financial system

>>58949349
Silver doesn't matter, stop acting like we still use it for pocket change

3 cringe b8 posts in a row

>>58949396
I did the math and China has an enormous amount of silver stashed in solar farms. I don't mean that in an asteroid mining sense but in a strategic reserve of a valuable resource sense.

why are you guys so obsessed with german shit

To elaborate because I think it's interesting, according to https://www.statista.com/statistics/264629/existing-solar-pv-capacity-worldwide/ China has 649 gigawatts in solar capacity. I'm not sure but given that "the average solar panel contains about 1oz of silver", whatever that means exactly, just let's be generous and say 1000W capacity = 1oz of silver. That's 649,000,000,000W/1000W=649,000,000, or 649Moz of silver. Basically 1 giggawatt = 1Moz if you want to compare with other countries. This is just rough napkin math, it might be half or twice the amount of silver but it gives an idea of the scale.

>>58949484
Why are you so sus?

>>58949484
blame osborne buddy

>has to spend even more energy to even recover a fraction of the metals from solar panels
Nice try shill, you fell for the
>chinas been stacking precious metals
Psy-op. Go back to pleddit.

>>58949484
Extreme inferiority complex, mitigated through declarations of association with a powerful, sinister organization thereby supporting delusions of self grandeur.

>58949530
>ben shapiro's projections

>>58949484
germans were the best european race for a long time. then they were stabbed in the back by churchill, that warmongering drunken oaf

>>58947745
i dont understand the pissiness about muh systemic collapse and muh fiat hedge.

the basis of finance is that a dollar today is worth more than a dollar tomorrow.

look at the monthly, yearly, and 5 year charts for gold. do the same for your avg s&p stock (why not higher risk higher reward, or "smarter" equities? i already also put money into NVDA, btc, and small cap biotechs)

silver and gold, to me, is a new investment, and i like it because of the aforementioned, albeit maybe nominal, appreciating asset value as opposed to keeping declining value US dollars.

if im going to be buying stocks, bitcoins, and whatever else, i am now also going to be buying what i see as the same except in a physical shiny holdable version that makes me feel like a pirate or treasure chest discoverer, while *feeling*, sure not knowing, that at any point in the future, i can redeem these little shiny treasure objects for the same amount i paid, a little more, or maybe even a little less.

a little less may be considered the premium for being an autist who likes shiny objects and large quantities of items. when i lose money at the casino, i consider it the premium for having had fun playing their games

:+)

addendum: anonymints lurking, mint pic relateds pls

double addendum: do your stocks have images of pepe or swastikas on them? no? oh how boring..

>>58949600
fucking check em, thats kek blessing me for being fucking based

>>58949484
i found the 2 thaler auction motherload

>>58947745
>$3400
>crippling debt
ask me how i know you work for minimum wage

>>58949600
i guess the argument is any dollar spent on PMs should be spent on equities cuz stock market always go up. well, i just disagree with that sentiment. I think PMs are gonna surprise everybody while the stock market starts performing disappointingly

>>58949600
>addendum: anonymints lurking, mint pic relateds pls
>obverse is a reverse-proof slice of mirror polished cheese

>>58947636
>>58947629

>>58949643
no gilded cheese? could be a good idea just for that reason

>>58949652
That would be perfect. I am fully behind a Cheesed to Meet You round

>>58949600
>missed the part where he took out credit card to purchase PMs
cringe

>>58949635
He said he has $300 in his bank and $3400 in credit card debt you dumb nigger. I'd call that crippling.

>>58949563
at what time? Rome mogged tibesman, anglos mogged HRE

>>58949698
It's not though. My bank account/credit card situation is similar and I have 6 figures of investments and a 6 fig job.

>>58949715

You sound fiscally irresponsible

>>58949715
>bragging about living paycheck to paycheck with cc debt

>>58949635
that wasnt me that called the $3400 crippling debt, just said its the amount i have.

some another anon called it crippling. kek.

>>58949651
kek'd, yes

>>58949698
how is it crippling me? 300 in the bank is not net worth you gorilla nigger glowtard. i live fine, am more than content.

>>58949737
i am, thank you.
this entire general is about how holding fiat notes is bad, why would you expect me to have lots of fiat notes in my bank account.
I can pay off my 0% APR credit cards (promotional rate until some time in 2025) at any point with a few clicks of my mouse.

>>58949600
>>58949755


C H E C K E M

>>58949757
based this guy gets it and apparently so do i even though this is my 2nd pmg thred

>>58949766
>keep rolling dubs
>listening to the entire shadilay album this past hour

thanks kek ill keep buying gold and silver dont worry.

>>58949757
That's what you think the thread is about
I don't really believe anything you write anyway
It doesn't sound authentic

>>58949600
>makes me feel like a pirate or treasure chest discoverer
this guy gets it.

>>58949791
lol k dude

post metal

>>58949817
Pretty weak for your claimed net worth

>>58949825
that gold bar alone is like 3 grand.

>>58949826
I know what it is
I have a more premium version tho

>>58949826
3 grand when i bought it. 4 grand now

>>58949838
i see text but i don't see pics

>>58949849
I don't want to identify myself
Talking shit is more fun anon
Step up to the plate and drop 5 figs if you really believe in PM's.

>>58949893
shut the fuck up already nigger nobody cares about you

>>58948254
I still Laugh every time.

Grabbed some Indian coins recently. Nothing worth showing.

>>58949893
>I don't want to identify myself
pussy ass faggot

>>58949893
here then

I get hard for Engelhard

>>58949961
I bought one recently. It is very cool.
I can't decide if I want to buy more or not though. The premium is pretty high lol

>>58949969
SHIT bro, w-w-why did you just post the serial number like that? Listen to me, you need to get you wife and kids into the Kia and out of town, NOW! They've already killed the dog just LEAVE!

>>58950010
what can I say. I live life dangerously

>>58950016
Too late, they already backtracked it.
Here are some guys fingerprints to distract them.

Should my 1 oz silver Libertads be left outside a capsule to oxidize or should I capsule them?

>>58950179
Just lick the oxidation off.

9.75oz Au
910oz Ag
2oz Pt
2oz Pd

>>58950331
Retain thy seed
Overcome the Tail of Satan

>>58949698
Nobody keeps money in checking accounts any more boomer.

>>58950331
Ehh, l would have bought more platinum and skipped the palladium.
The premiums are too crazy.

>>58950351
Yeah I'm done buying palladium for a while lol but not done buying platinum

>>58950179
The one I leave out on my desk is nasty brownish, with even the reverse having creeping tarnishing on the reverse that is always flat to my desk. The one in a capsule is as shiny as the day I got it.

Conversely, my ASE that sits out is still shiny.

What's wrong with Libertads anyway?

>>58950446
i have a few libertads, that are only a few years old, that have been in capsules since i received them and they're still tarnishing.

>>58950446
earlier libertads > modern libertads

>>58947443
this never happened albiet

>>58950446
I have a tarnished lib or two
They were in a leather coach bag for a few months and I thought it was just a reaction

what tier are the fellers in the bed? salamander?

https://www.youtube.com/watch?v=l90rOhv4S-k

>>58950822
The collection so far. And happy Caturday!

>>58950822
gotta respect the poured cross
i got a 5 ounce one somewhere

>>58947284
funky AI generated (not following directions naturally) version with mustache

>>58948867
>we could already do space mining with the current tech but it's simply not worth it.

No, we can't. The specific impulse required to bring back ore isn't even close to what's needed to fly to a rock, mine it, and then fly all that weight back. There isn't a rocket that has ever been built that can do it. 100 gram samples from some dinky probe isn't proof of mining capability. It will be HUNDREDS of years before it can be done properly. We don't not have the tech now. That is a complete fallacy. Please don't comment on physics if you don't know how physics works. Thanks.

>>58943325
Bong here, was just wondering; If one had the fortune of knowing when they'll be popping their clogs, would turning your life savings into precious metal be a way of avoiding inheritance tax? Or do they tax shinies as well?

can I post here again? /bant pmg is gone

>>58951196
convert, bury, leave treasure map. Problem solved

>>58951196
If your heirs stay on cuck island they won't own anything either way.

>>58951254
bant refugees are welcome but the chicken is banned

>muh space mining
We can't even get astronauts off the space station, and you think we're going to be mining asteroids anytime soon?! Fool.

Baked a new thread:
>>58951684
>>58951684
>>58951684

>>58951057
lmao, absolutely false and fake
pure delusion, it would require like 1 year of proper investment and development
no one is interested simply because gold is not worth enough
do you really have to make up facts to defend your rocks? lol look at yourself

>>58951057
>all that weight
nigga... things don't have weight in space
hahahahahahahahahahahahahahahaha

>>58950156
look how clean and soft this little boy's hands are

>>58951712
>things don't have weight in space
"Weight" factors local gravity with "mass." So technically you're correct but oh so very wrong too. It's "mass" and that still has inertia, the real problem. You still need to move it.
So how much does a mission cost? For reference, the Osiris-REx mission to Bennu was $1.16x10^9.
>https://www.planetary.org/space-policy/cost-of-osiris-rex
That mission retrieved 4.26 oz (3.9 ozt) of material and which is considered a rockin' success.
>https://www.space.com/nasa-osiris-rex-asteroid-sample-total-weight
To recover the cost of that mission at today's gold spot value, they'd have to return 460,000 ozt (31,500 lbs avdp). Let's say gold spot goes to 10x ($25,000/ozt) - you'd still need to return 3,150 lbs *of pure gold*. That's a cube about 90 cm (3 feet) per side at today's spot.
Good luck finding an asteroid with that much readily-mined ore within practical distance to the mining ship. Then you have to return it in a controlled fashion so it doesn't burn up on re-entry.
The economic return simply isn't promising enough to make it economically viable.

>>58951712
>throw a heavy object into space traveling at 3x the speed of sound
>"now it has no mass!"
That's not how space works.

>>58952079
>>58952103
Proof /biz/ is dead.

>>58952174
>Proof /biz/ is dead.
What - shitposting is what keeps /biz/ alive?
Go back to /b/.

>>58952079
smeggin' hell!
now i see why it's so big.

>>58952079
>The economic return simply isn't promising enough to make it economically viable.
yep, that was my point exactly
gold price has a well defined max cap, which is this cost you are talking about
it can NEVER go above that, it has a maximum value becase the supply is simply not finite
and in the meantime, it's pretty safe to assume that space related tech will only get cheaper over time

>>58952079
To actually mine the asteroid you steer it into Earth orbit over the course of decades. You're not going to try and rocket stuff back at 13k mph like they do for sampling. Anything with intra-solar system trade is on the 5-15 year charts.

Dinner time!