/biz/ - Business & Finance

[Anonymous No.10060330]

Buy silver.

[Anonymous No.10060364]

hodling since 12 dollar
gold since 600
no regrets

[Anonymous No.10060424]

>>10060330

>physical money you can hold in your hand

never guna make it

[Anonymous No.10060437]

>>10060330
>that boomer that owns physical silver

[Anonymous No.10060463]

>>10060330
Buy iron.

[Anonymous No.10060700]

>>10060330
Where do I buy? Currently I have been keeping a small collection of all the silver I have, just some rings and old quarters though.

[Anonymous No.10060712]

>>10060330
This here is what about 2 grand?

[Anonymous No.10060741]

>>10060437
Do boomers own silver? I thought the only thing they 'owned' was debt.

[Anonymous No.10060746]

>>10060330
I don't actually want to have to deal with buying/storing all this shit. What are some good precious metal ETFs

[Anonymous No.10060760]

DESU I would buy silver but would need to figure out the logistics of storing 100+ lbs of silver

[Anonymous No.10060784]

>>10060760
send to me, i'll look after it.

[Anonymous No.10060797]

>>10060330
When can I convert my crypto gains into tokenized silver (or any commodity, really) with a 100% reserver ratio that's redeemable for physical siilver and adminstired by a computer program so I don't have the trust the word of a bank?

something like that would be awesome. I'd love to be able to hedge a BTC downturn with silver or uranium or shit like that. I'm telling you man this blockchain/smartcontract thing is gonna be huge

[Anonymous No.10061833]

>>10060330

I've been thinking about putting 30k into silver. Best way to do this desu?

[Anonymous No.10061845]

>>10060746
SLV

[Anonymous No.10061846]

>>10060330
>t. bagholder since 2011

PM fags are the original shitcoin-shillers.

[Anonymous No.10061887]

what about DGX?

[Anonymous No.10061931]

poor ass fagets buy gold

[Anonymous No.10061949]

>>10061931
Gold just rides inflation though. With silver you can actually profit

[Anonymous No.10062252]

>>10061931
These gold bags are getting heavy anon

[Anonymous No.10062735]

>>10060700
JM Bullion, Provident Metals, APMEX. Watch for weekly deals and always go for free shipping.

[Anonymous No.10062763]

this garbage is just as bad as crypto

[Anonymous No.10062764]

>>10062252
They're supposed to be heavy, moron. If you know anything about gold you'd know that.

[Anonymous No.10062775]

>>10062763
Zoom out

[Anonymous No.10062864]

>>10062763
((((inflation adjusted))))

[Anonymous No.10062866]

>>10060463
Underrated

[Anonymous No.10062883]

>>10062864
that look pretty fucking bullish to me

[Anonymous No.10063061]

You guys are gonna sell the moment they announce that we're mining asteroids right??

[Anonymous No.10063074]

Buy Platinum you fools

[Anonymous No.10063084]

>>10060330
Fuck that, buy something that pays! https://www.theaccountingblockchain.io/?aId=7543845-2892534

[Anonymous No.10063194]

get in on cobalt

inb4 electric car battery boom

[Anonymous No.10063213]

>>10060330
Buying physical silver. State of /biz/

[Anonymous No.10063493]

>>10060330
my fat ass thought these were unwrapped hershey bars

[Anonymous No.10063536]

>>10060330
Why? To make your bags lighter?

[Anonymous No.10063542]

>>10062883
very
platinum and palladium as well

however if precious metals moon crypto will singularity
the only situation where metals out perform crypto in the next 5 years is like nuclear war, quantum computer

[Anonymous No.10063573]

>>10061833
Buy a monster box, trade ounce for ounce within silver community

[Anonymous No.10063585]

>>10063542
Or exchanges frauds exposed

[Anonymous No.10063621]

>>10063585
I disagree, exchange fraud doesn't change the fact crypto is the first currency in human history that cannot be debased.

The risk is much more spread out now that we have so many exchanges, unlike the gox situation. It would be an awesome buying opportunity

[Anonymous No.10063782]

>>10063621
ICOs are debasing cryptocurrency as a whole, even worse that most of them are scams
Yeah, exchanges are so transparent they are using blockchain for book keeping and under watchful eyes of financial regulators, oh wait they're not.
There's also that tether/trueusd that they claim inauditable using GAAP

[Anonymous No.10063853]

>>10063782
the number of ICOs has no impact on the supply of the currency that wins
the market is going to consolidate back into 1 coin
the only reason it fragmented was because btc became useless

exchanges or tether have nothing to do with the value proposition of crypto if there are market crashes because of exchange fraud or the collapse of tether it will be a great time to buy

real threats are quantum computing or the destruction of the communications network in either case we'll all have bigger problems than making returns

[Anonymous No.10064046]

>>10060330

[Anonymous No.10064098]

>>10063853
Even though people burning the winning crypto in ICOs?

Exchanges are irrelevant if people using crypto for goods and services, too bad most of not all transactions are between cryptos or to/from fiat

Brute force isn't the only security issue with crypto, by decentralization the attack vectors are spread far and wide

[Anonymous No.10064179]

>>10060330
how do i sell when im ready to sell? i feel like the sell commission at whatever "We Buy Gold/Silver!" shops will rape me. Who the fuck would buy the silver rounds/bars off of me? what is the best method to off-ramp?

[Anonymous No.10064186]

>>10064098
I don't think metals will outperform crypto in the next 5 years, agree to disagree

[Anonymous No.10064620]

.37 over spot for generic 1 oz coins. ill pick up 100 if price dips under 16 this week.
https://sdbullion.com/1-oz-generic-silver-rounds

[Anonymous No.10064921]

>>10064186

They will when NESARA or something like it hits...

Trump already floated no income tax yesterday...

Day of Days is almost upon us boyo...

Roths BTFO

[Anonymous No.10064935]

>>10060746

You don't own what you don't physically hold.

[Anonymous No.10064947]

>>10064186
Gold is going to $500

Crypto is 100x better and I think crypto is pretty retarded

[Anonymous No.10064956]

>>10064935
This. If you're gonna buy precious metals get a safe.

[Anonymous No.10065029]

>>10064179
Just go to a coin store or pawn shop

[Anonymous No.10065052]

>>10064921
anyone who thinks it's possible to return to a hard bi metallic currency as NESARA suggests is retarded. There's a huge amount of the economy dependent on the speed of transactions, which simply isn't possible with physical metals.

If he makes the usd redeemable in gold again it'll need to be at a rate of 1 ounce per 10k usd which just means he has evaporated the wealth of Americans overnight
Fort Knox is probably empty anyway

Crypto is unironically his only option

[Anonymous No.10065237]

>>10060330
its going to $5
you just want to offload your junk

[Anonymous No.10065660]

>>10063194
Panasonic is getting out of Cobalt.

[Anonymous No.10065674]

>>10065237
Yes, faggot, I'm going to pump the market by scamming /biz/.

[Anonymous No.10065729]

Never follow the amerifat trend and buy generic. You lose hard in the long run. Buy semi-numismatic instead.

[Anonymous No.10066723]

>mfw it wont be much longer before we import gold and silver from space and soon after we'll even be able to manufacture it

[Anonymous No.10066992]

>>10060330
GOTT MIT UNS

[Anonymous No.10067002]

>>10066723
wow you must be filthy rich with your insider knowledge

[Anonymous No.10067016]

>>10060330
Thanks Clif High.

[Anonymous No.10067031]

>>10060330
I hate goldbug boomers. Enjoy your multi year bear cycle and watching your 1,000$ silver investment cut in half.

[Anonymous No.10067070]

>>10065729
This. Buy Pandas and Kookaburras if you truly want to make it.

[Anonymous No.10067074]

>>10067031
Enjoy watching your bitcoins and ethers drop another 70%

[Anonymous No.10067099]

>>10067070
i heared pandas are often faked by several youtubers

[Anonymous No.10067105]

>>10067099
If you're a retard and buy them on ebay

[Anonymous No.10067114]

>>10067070
So you're paying a 15-20% premium on the cost of silver?

[Anonymous No.10067149]

>>10063074
Buy Latinum you fools!

[Anonymous No.10067270]

God, I love the sight of bullion.

[Anonymous No.10067273]

>>10060330
https://www.marketwatch.com/story/gold-extends-bearish-skid-at-risk-of-marking-worst-losing-streak-in-nearly-5-months-2018-06-28

[Anonymous No.10067317]

>>10067273
meanwhile russia sold 40% of its us treasuries for gold
currency crisis is about to start

[Anonymous No.10067362]

>>10067031
>Sorry, we don't take paper money anymore
>But i need something to eat
>Is a barrel full of dollars worth a slice of bread?
>No, sorry

[Anonymous No.10067383]

>>10067362
>how about this shiny rock?
>the fuck would I want a shiny rock?
>you can make electronics components with it....
>what?

[Anonymous No.10067393]

>>10064179
Silvergoldbull is good if your an Ameribro or Canuck. Across the pond not sure.

[Anonymous No.10067404]

>>10067383
>But darling, i know you are young, but shiny rocks are the best store of value. People have trusted them for years
>Yeah, but i want shiny binary shitcoins for my bread, sorry

[Anonymous No.10067405]

>>10067362
It really depends on what you think is going to happen when the dollar fails. Does electricity and internet fail with it and we fall into a modern dark age? Buy physical gold / silver. Do we continue to have internet / electricity and just experience hyper inflation? Buy crypto.

[Anonymous No.10067409]

don't buy silver

[Anonymous No.10067413]

>>10063061
This argument is as dumb as saying an emp drop will render crypto useless

[Anonymous No.10067436]

>>10067404
Mate if your country collapses down to caveman levels the only shit you want is tins of fish, water, toilet roll and cigarettes.

[Anonymous No.10067484]

>>10067436
Ah and the people who are producing goods don't wanna trade anymore? Or are you srly speaking about a Zombie Apocalypse, then why would you bother investing at all, lmao

[Anonymous No.10067490]

>>10067409
>ta
gtfo to reddit pleb

[Anonymous No.10067530]

>>10062864
>Log scale
Kys

[Anonymous No.10067539]

>>10067070
EMUcoin is the CHADdest of all coins

[Anonymous No.10067562]

>>10067405
that's why we should diversify in all asset classes we can get

[Anonymous No.10067577]

>>10067530
t. non stem brainlet

[Anonymous No.10067593]

>>10067577
Engineer Boomer here
Still kys

[Anonymous No.10067620]

>>10067593
Non stem brainlet confirmed

[Anonymous No.10067641]

>>10067620
Kek
Google 'stem', kid.

[Anonymous No.10067660]

>>10066723
Just like how cold fusion has been right around the corner for literal decades. We haven't even put a human on Mars.

Mining on an asteroid is INCREDIBLY hard even if it is done completely by robots. You would know that if you knew anything about science instead of being a "I fucking love science man" fedora. I bet you can't even do linear algebra.

Saying that shit will happen soon is literally placing unfounded religious tier belief in science. Dumbass, go read some more pop-sci articles or listen to e-scientists that biggest contribution to science was getting their degrees while making money out of retards like you.

[Anonymous No.10067679]

>>10067660
>Oil will run out soon
>Cold fusion
>Astorid mining imminent

[Anonymous No.10067685]

>>10060364
jesus

[Anonymous No.10067718]

>>10067679
I don't follow your logic. Are you saying because we are approaching a definite need for it, it will automatically be solved?

[Anonymous No.10067869]

>>10067718
>All we know is that we know nothing

[Anonymous No.10067914]

>>10060760
>solved
https://en.wikipedia.org/wiki/Platinum

[Anonymous No.10068015]

>>10060712
About that yeah, Maybe 2,5k
Imagine How cool 25k would look

[Anonymous No.10068093]

I'll leave this here

[Anonymous No.10068132]

>>10060746
>ETFs
>Not physical
Not going to make it. Go look up high frequency bot farms and how they rape ETFs.

[Anonymous No.10068197]

>>10068093
makes me horny
when moon sirs?
hodling since 12 dollars

[Anonymous No.10068303]

>>10067031
Silver isn't something you daytrade. It's considered part of your savings in the long-term so that in 5-10+ years, when something happens or inflation gradually takes its toll, your wealth will increase or stay the same (increase relative to inflation)


In a true SHTF scenario, it would be awhile before any currency was used and silver would be useless, but in a hyper-inflated economy, it will be worth a lot

[Anonymous No.10068338]

>>10065029
>just go to a coin store or pawn shops
Coin stores and pawn shops as a rule exist purely because their owners are sleazy scammers who refuse to buy anything unless its sold at a significiant mark down.

Face it, precious metals are a fucking scam. There's no way to cash out efficicent and quickly. There's no way to even cash out with a guaranteed price similar to that of the current market. Precious metals are literally for brainlets who heard them advertised by Alex Jones one too many times.

[Anonymous No.10068356]

>>10067404
>that boomer who tries to barter his 500 pounds of shiny rocks to you for a fish

[Anonymous No.10068397]

>>10068338
imagine being this much of a brainlet

[Anonymous No.10068407]

>>10068338
>Face it, precious metals are a fucking scam.
said the shitcoin"investor"
>There's no way to cash out efficicent and quickly.
i can buy from and sell to my bank for roughly 1% under spot-price
you stupid jamal?

[Anonymous No.10068500]

>>10060364
Futures contracts or physical?

[Anonymous No.10068519]

>>10068356
Since when 500 pounds of shiny rocks are giving you a fish? Fuck i will go fishing all day long to farm all the shiny rocks.

I love how all the teenis talk about pms and their only Investments is shitcoins with their launch money

[Anonymous No.10068576]

>>10068500
physical

[Anonymous No.10068697]

>>10068356
shiny rocks that don't corrode, are self-sanitizing, are catalysts for vital chemical processes, and can be fashioned and refashioned into any shape necessary

i fucking hate you people, die

[Anonymous No.10069018]

>>10068697
Ah yes, please tell me more about how during the collapse of civilization anyone is going to want to buy your useless lump of gold that your 30 year old boomer self spend half his life trying to accumulate.

>>10068519
>implying I invest in scams like shitcoins
I have the good sense to avoid shit investments, unlike you.

[Anonymous No.10069101]

Silver miner tip:
Bayhorse silver.
Massive risk
Mega reward
On sale due to a funding round.
Could go bankrupt could go 10-50x
American
You decide.

[Anonymous No.10069114]

>>10061833
Just buy an ETF

[Anonymous No.10069126]

Used to get a couple ounces of silver free a week by going through coins from the bank

[Anonymous No.10069427]

>>10062775
That is zoomed out?

[Anonymous No.10069703]

>>10069101
How long can they survive with these low silver prices?

[Anonymous No.10069801]

>>10060746
there is more gold on paper (thru etfs and contracts et al) than there is physical gold. the whole point of holding PMs is having a hedge against hpyerinflating fiat, and government in general.
by investing in PMs through ETFs, you ensure that the greatest hedge is no longer there because in an economic crisis/currency collapse, your ETF will shit the bed and they will _not_ be delivering you physical gold.
it's the biggest cuck, because as long as the fed is in charge and the USD hasn't shit the bed, your gold ETF will never "moon" as you fags say on here.
buy physical bullion and firearms.

[Anonymous No.10070047]

>>10069703
Well they just secured 650k in funding.
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1934-tsx-venture/bhs/48831-bayhorse-silver-announces-us-500-000-convertible-silver-convertible-debenture-offering-and-1-500-000-unit-private-placement.html
So that should keep them afloat.
They are already mining but they started only a couple of months ago so there are no Numbers out yet.
There is not much to go on.
Just know that this mine was active in the 20's and in the 80's and that they are now using a high tech ore sorter to make it economical.
It's everyone's guess if this will pump out 200k or 2 million ounces and if they will be able to mine at a profit or not.
You can only lose what you put in. If silver goes to 25$ and they profit 10$ an ounce and mine over a million of em. It could tenfold or twentyfold easily imo.
You can follow discussion on stockhouse:
http://www.stockhouse.com/companies/bullboard/v.bhs/bayhorse-silver-inc?postid=28245246

[Anonymous No.10070251]

>>10060746
PSLV is better, it's managed by Billionaire Eric Sprott and you can exchange it for silver if you are in the US.

[Anonymous No.10070266]

>>10070047
Looks interesting enough to throw in a few 1000 in, thanks anon. The new purification and refining process looks promising those g/t are not to mess with.

[Anonymous No.10070285]

>>10060330
try selling it first. far less fun than buying it.

[Anonymous No.10070304]

>>10070047
scam old as time
>>10070266
same poster or idiot, hard to tell

[Anonymous No.10070372]

>>10070047
>started only a couple of months ago
>>10070047
>no Numbers
>>10070047
>. It could
>>10070047
>You can only lose

BHS

$ 0.115 real time data Change Down

Change:
-0.005 (-4.17%)

Volume:
509,753

speculative mining penny stock based on shilling a 'new' process. No numbers or data. No third party verification of fats.Utter garbage. Another mining scam in Canada looooooooong history of same.

[Anonymous No.10070462]

>>10067149
Gold press latinum is the future.

[Anonymous No.10070554]

>>10070047
Hilarious reading the comments on that forum. People are losing their mind.

[Anonymous No.10070959]

>>10067679
oil can be grown in plants like sunflower and cannabis

[Anonymous No.10071121]

>>10062883

Not only that, but the silver/gold ratio will eventually restore itself to its historical ratio. Silver is incredibly undervalued right now. If you hold just 100 ounces or so, you'll bank some serious cash in about 10/15 years from now.

[Anonymous No.10071225]

>>10064947
Thanks for your insight.

[Anonymous No.10071265]

platinum & palladium is where it's at, although i do enjoy these double eagles too

[Anonymous No.10072049]

>>10060330
How is this better than buying litecoin?

[Anonymous No.10072129]

>>10071121
The ratio meme has been shilled forever, look what silver did in the crash 2008.. LOL