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/biz/ - Business & Finance

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Anonymous Thu Dec 27 21:25:59 2018 No.12260357 [Reply] [Original]

S-silver bros...you convinced me to drop $500 on some silver. Should I buy american silver eagles, maple silvers, australian silvers, or a mix of all 3? Does it matter what years I get of the coins?

>>	Anonymous Thu Dec 27 21:28:26 2018 No.12260378 Ask 19 different stackers get 19 different answers. Some of which will have full on autism meltdowns about it. Just get what grabs you, as long as it's from a reputable source. AG = AG

>>	Anonymous Thu Dec 27 21:34:13 2018 No.12260435 >>12260378 based answer thank you I think I’m gonna get all ASE’s

>>	Anonymous Thu Dec 27 21:37:57 2018 No.12260475 >>12260435 Not a bad choice desu

Anonymous Thu Dec 27 21:38:47 2018 No.12260483

>>12260378
>>12260357
This, but if you want closest spot value during trades, go with Maples or Eagles. Youll be able to liquidate those quicker and closer to spot value.

In the end AG=AG. If you plan on hording, shit dont matter, except the integrity of the seller youre purchasing it from, as was all stated.

>>	Anonymous Thu Dec 27 21:50:43 2018 No.12260584 >>12260483 is apmex okay?

>>	Anonymous Thu Dec 27 21:58:07 2018 No.12260652 >>12260584 That's who I use no probs

>>	Anonymous Thu Dec 27 22:00:35 2018 No.12260673 >>12260357 silver price has barely moved at all the past 8 years...why would you want to buy silver?

>>	Anonymous Thu Dec 27 22:08:05 2018 No.12260736 >>12260673 Because the price has barely moved in the past eight years.

>>	Anonymous Thu Dec 27 22:09:06 2018 No.12260742 File: 61 KB, 980x1172, B2F7FEA6-8FAC-4008-91A8-F3F57E82B16C.jpg [View same] [iqdb] [saucenao] [google] >>12260673

>>	Anonymous Thu Dec 27 22:09:24 2018 No.12260745 >>12260357 Just buy raw bullion at lowest price.

>>	Anonymous Thu Dec 27 22:10:57 2018 No.12260754 >>12260736 >>12260742 but if the purpose of buying silver is to keep up with inflation, shouldnt the price rise?

Anonymous Thu Dec 27 22:13:00 2018 No.12260767
File: 89 KB, 1000x875, 18ek_a.jpg [View same] [iqdb] [saucenao] [google]

>>12260673

Becauze when the dow tanks people will return to precious metals. Gold has room to move up, but silver is proportionately way lower than gold right now. It is at an 80:1 ratio which is a historically low price. I just bought another 100 oz ingot plus bought call options for silver.

Anonymous Thu Dec 27 22:18:03 2018 No.12260814

>>12260767

And yet, if you look at the price of silver during the great recession, it didn't act that way.

It went from $17.87 before to $23.69 in February 2008, but then dropped to $11.33 in October.

It eventually went up at the same time the stock market did, but if you had bought silver to protect against the crash, you would have lost money.

And even though it went back up to a maximum of $54 before going back down until now, the gains you would have made when it went up were still less than the gains you would have made buying stocks at the bottom.

Anonymous Thu Dec 27 22:21:35 2018 No.12260842

>>12260357
If you're an American, getting American Silver Eagles is a good bet because of its high recognizability and the fact that it's actually legal tender. Even if silver somehow becomes worth ZERO dollars, each ASE is still has a value of one dollar.

If you don't want to pay the premium of the ASE, getting silver maple leafs is also fine. The years don't matter since you're buying bullion coins which pretty much don't have any numismatic value.

>>	Anonymous Thu Dec 27 22:22:02 2018 No.12260850 >>12260814 If you want to hedge against a crash just buy puts. The silver is a hedge against hyperinflation, and as previously stated historically low in USD and compared to other metals.

>>	Anonymous Thu Dec 27 22:25:23 2018 No.12260886 File: 448 KB, 1284x1600, 1535491148296.jpg [View same] [iqdb] [saucenao] [google] >>12260850 This.

>>	Anonymous Thu Dec 27 22:49:38 2018 No.12261088 >>12260850 Yeah just buy pushed. You won't get ass fucked by theta, you can time the recession perfectly. No way you'll get butt fucked by wall Street like every one else, just keep buying puts

>>	Anonymous Thu Dec 27 22:50:43 2018 No.12261098 >>12260886 Yeah, just agree with the out guy. Just keep buying those puts boys, it's the new 401k. If you put 200 in puts expiring next year every month of your life you'll get a million dollars when you're 65. From these puts

>>	Anonymous Thu Dec 27 22:52:21 2018 No.12261110 >>12260357 It doesn't matter. Just buy the metal at the closest to spot price.

>>	Anonymous Thu Dec 27 23:07:18 2018 No.12261200 All you silver haters can get ready to rejoice. I just bought another 10oz bar. It's going to be delivered to me on Saturday so that means the silver price is going to tank on Friday.

>>	Anonymous Thu Dec 27 23:09:43 2018 No.12261215 >>12260357 buy high sell low

Anonymous Thu Dec 27 23:17:49 2018 No.12261275
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I heard that someone needs to cash out several tens of thousands worth of crypto without alerting the IRS. If that person buys well less than 10k silver at a time from different precious metal exchanges like apmex over the course of a few months (spacing out purchases and using different wallets) are they at risk? How hard would it be for them to unload all those silver coins later for cash?

>>	Anonymous Thu Dec 27 23:20:49 2018 No.12261310 >>12261275 do you have any idea how much shit you would be in if you get caught trying to pull some "clever scheme" to avoid paying tax

>>	Anonymous Thu Dec 27 23:25:38 2018 No.12261343 >>12261275 They torture tax evaders just so you know. Even celebrity ones. Read up. Imagine what they’d do to your nobody ass assuming you aren’t larping. Get right with Uncle Sam, tax evasion is the worst crime you can commit in the USA.

>>	Anonymous Thu Dec 27 23:26:44 2018 No.12261350 >>12260886 Mormons are freaks and thirdworlders.

>>	Anonymous Thu Dec 27 23:30:32 2018 No.12261383 >>12261350 >t. Mexican catholic

Anonymous Thu Dec 27 23:31:10 2018 No.12261390

>>12261275
Use gold for that, you'd be buying kilos of silver.
Never did it but yeah different wallets then cash out at coin shops/nigger lending joints for cash - just don't let (((them))) give you less then spot & don't run & put your money in a bank account. You will take a haircut but less than taxes

>>	Anonymous Thu Dec 27 23:34:31 2018 No.12261418 >>12261310 >>12261343 Cucked

Anonymous Thu Dec 27 23:44:12 2018 No.12261496

>>12260357
I find buying silver is more enjoyable if you are also a collector of coins.

Get diffrent coins, learn their history, what makes each valuable compared to their peers. Learn what to look for, like dates and condition.

Many of the coins are beautiful and worth owning at least 1

Anonymous Thu Dec 27 23:45:26 2018 No.12261506
File: 713 KB, 623x643, mormons are trash.png [View same] [iqdb] [saucenao] [google]

>>12261383
I'm white, you fucking retard. And I live in utah county so don't even try to pull any "you don't know what you're talking about" bullshit like shills have done in other threads
Plenty of mexicans are lds anyway because they get even more diversity benefits.

>http://www.kuer.org/post/lds-church-celebrates-its-black-mormon-history-many-still-grapple-painful-past
>https://www.nytimes.com/2015/10/11/us/black-mormons-assess-churchs-racial-progress.html
>https://www.newsmax.com/bestlists/newsmax-list-mormons-influential/2016/08/24/id/744898/

>>	Anonymous Thu Dec 27 23:49:13 2018 No.12261524 >>12261506 Mormons are typically white too fren, but I’ll defer to your superior knowledge of the subject. Why are you still in Utah if you hate them so much?

Anonymous Thu Dec 27 23:52:36 2018 No.12261556

>>12261310
>>12261343
So, there are ways other than 10k minimum sales reporting or a Suspicious Activity report filed by the vendor for them to detect these transfers into physical assets?

This person I heard about would be ok holding onto precious metals and slowly divesting over the course of years, or even holding a good amount indefinitely.

>>	Anonymous Thu Dec 27 23:53:48 2018 No.12261570 >>12261418 t. "Sovereign Citizen"

Anonymous Thu Dec 27 23:55:08 2018 No.12261583

>>12261524
>typically white too fren
They're also mentally ill. If you've ever spent any appreciable amount of time around them you'd know how brainwashed they are and incapable of thinking outside the box at all.
They're like those freaks that have to pretend to be happy all the time or bad things will happen because their masters promised them utopia and their masters are never wrong or else.

>Why are you still in Utah if you hate them so much?
Because I didn't get to choose where I was born, the money here is good for me, and quality of life is good enough with plenty of traveling.
And mormon women are often sexually repressed enough to be fun freaks.

>>	Anonymous Thu Dec 27 23:56:46 2018 No.12261599 >>12260357 As close to spot as possible. If that means "junk" silver or bars then so be it.

>>	Anonymous Thu Dec 27 23:58:09 2018 No.12261606 >>12260357 SHINY FUCKING ROCK

>>	Anonymous Thu Dec 27 23:59:19 2018 No.12261611 >>12261583 What can you tell us about Mormon underwear? Seems cozy.

>>	Anonymous Fri Dec 28 00:04:09 2018 No.12261649 >>12261611 I was told it protects them. I didn't bother asking details. I've heard about some guy getting killed because he thought god wouldn't let anything happen to him when he was wearing it so he ended up getting hit by a car like a retard.

>>	Anonymous Fri Dec 28 00:06:06 2018 No.12261662 >>12261649 Nice. Any idea how a non-Mormon could get some? I think there could be a huge potential market for it.

Anonymous Fri Dec 28 00:09:55 2018 No.12261683

>>12261662
I've only heard about people being able to get it after being baptized (or having completed a mission?) to prove yourself devoted (brainwashed) enough to be worthy.

Well well well... look what I found.
>https://www.ebay.com/itm/Magic-Mormon-Underwear-garment-undergarment-sizes-32-50-Brief-Bottom-LDS-Temple/132864799044?hash=item1eef5bf144:g:KRsAAOSwq2xb6PtE:rk:1:pf:0

There appear to be stragglers.

>>	Anonymous Fri Dec 28 00:15:05 2018 No.12261717 >>12261683 Based. You’re alright by me Paco.

>>	Anonymous Fri Dec 28 00:55:41 2018 No.12261953 File: 2.36 MB, 3840x2160, 180 oz silver.jpg [View same] [iqdb] [saucenao] [google] Rate my stack.

Anonymous Fri Dec 28 03:22:52 2018 No.12262683
File: 84 KB, 800x705, 2018-american-silver-eagle-roll.jpg [View same] [iqdb] [saucenao] [google]

>>12260357

Buy a roll of American Silver Eagles. Just factor in the premium added to the bullion:

>Spot price + $2 US Mint premium + $1-3$ shipping & distribution
>Quantity

Average price for a roll of ASEs is $385 right now, so that's $19.25 per coin. Just remember that there's an automatic $2 PREMIUM on ASEs above spot, and then whatever markup the secondary retailer tacks on to the coin(s).

tl;dr Buy bullion in bulk to get more value for your buck

>>	Anonymous Fri Dec 28 03:52:48 2018 No.12262847 >>12260357 Go on JM Bullion and look around. Avoid Maple leafs because they get weird spotting on them. My favorites are ASEs Britannia’s and Chinese Pandas which carry a heavier premium but also historically gain numismatic value year after year.

>>	Anonymous Fri Dec 28 03:56:29 2018 No.12262864 >>12260754 Exactly. It's undervalued u retard

>>	Anonymous Fri Dec 28 04:06:33 2018 No.12262922 File: 10 KB, 225x225, u.jpg [View same] [iqdb] [saucenao] [google]

>>	Anonymous Fri Dec 28 04:11:34 2018 No.12262960 When you travel with legal tender coins like eagles can you get away with just declaring their face value? Or do you have to declare their melt value?

>>	Anonymous Fri Dec 28 04:15:10 2018 No.12262974 >>12260357 Assuming you're American I'd say get either ASEs or Maples, whichever you can get for closest to spot. They're both just as good as each other. I think there's a Mexican equivilent to them as well. Might be worth looking at.

>>	Anonymous Fri Dec 28 04:19:57 2018 No.12263006 >>12262960 You can declare face value but today's corruption everywhere makes a risk out of everything.

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