/biz/ - Business & Finance

[Anonymous No.12959417]

Friendly reminder that we will run out of silver in < 20 years

Hope you guys are holding some real coins too

[Anonymous No.12959424]

[Anonymous No.12959447]

>muh shiny boomer rocks mined underground
it's 2019 fag were mining new shiny rocks on the internet
get with the times grandpa

[Anonymous No.12959475]

Bing agrees with me

>>12959447
You can't have the internet without silver ;)

[Anonymous No.12959505]

>>12959417
have 100 oz of shiny maples. NEVER SELLING!

[Anonymous No.12959696]

>>12959475
the age of boomer rocks is coming to an end
sell your bags
>https://www.sciencedaily.com/releases/2010/10/101014083122.htm

[Anonymous No.12959811]

1. that article is about gold
2. magic pixie dust 'alloys' never work out in reality
2b. the price of gold is barely about it's industrial use

[Anonymous No.12959832]

>>12959475
>still bagholding from the 80's..
never gunna make it

[Anonymous No.12959859]

Until Elon gets his rockets and tunnels down and then every single ore becomes near worthless over night.
There are entire asteroids made of Gold and Silver, for fucks sake.

[Anonymous No.12959868]

>>12959859
Oh yes anon, we're just a step away from mining asteroids LOL

[Anonymous No.12959876]

>>12959832
Lol I wish I was barely born in the 80's I started buying gold and silver 4 years ago

[Anonymous No.12959882]

>>12959859
I bet you think man walked on the moon as well.

[Anonymous No.12959893]

>>12959417
>Friendly reminder that we will run out of silver in < 20 years
Lie. We will reach peak extraction of silver in 20 years unless we found cheap and easy ways to extract from other places (poles, ocean's bottoms, etc.). This will affect the price as we lose silver yearly as waste, but there is a big difference between that and "running out".

[Anonymous No.12959919]

Do your due diligence and call a couple mining companies. Ask them how much silver they have stored.
Man you Fucking rookies

[Anonymous No.12959951]

>>12959919
While your at it ask Honda how much silver they need for a single electric vehicle

[Anonymous No.12959953]

>>12959868
>be (you)
>be 1890
>Oh yes anon, we're just a step away from listening to distant voices and sounds LOL
>be 1895
>Oh yes anon, we're just a step away from high-speed human flight LOL
>be 1920
>Oh yes anon, we're just a step away from watching moving images LOL
>be 1955
>Oh yes anon, we're just a step away from sending men into space LOL
>be 1985
>Oh yes anon, we're just a step away from the world-wide-web LOL

Retards like you have existed every decade since the start of the 18th century. In relative terms we're literally a step away from it. We'll be mining more offworld than planetside by the end of the century.

[Anonymous No.12959975]

>>12959953
>going billions(trillions?) of miles into space and hauling back 100's of tons of material is basically free and easy lol

[Anonymous No.12960068]

>>12959975
Imagine being this much of a defeatist luddite.
What if somebody had said
>nah we can't build Pyramids, moving 2.3 million 3tonne stones and stacking them in a triangle is too difficult.

Once they managed to move one moving the rest was easy, it's just a matter of logistics.
When reusable rocketry reaches a certain point, and it will, it's improving at an incredible rate, and once The Boring company gets consistently lower than $10m per mile, then there WILL be asteroid mining.
The Asteroids might as well be ten miles away. Distance doesn't matter in space. It's not as if it takes fuel to go further. Once you're in space you simply lead the target, get up to speed, turn off all engines and coast until you get there. Then you set up. Once setup is complete more and more rockets are continually being sent, for less and less cost, with better and better tech. You do this until saturation and then you wait until the asteroid swings round closer to Earth in its orbit. You send off everything at this point and collect everything in orbit round the earth, waiting to build more mining equipment literally in orbit.

There will come a point where they won't build anything on earth, it's too expensive to get into space. They'll only send down a tiny fraction, so as not to do what Spain did and crash the entire market and hyper-inflate when they discovered South America.

You can scoff all you like but very intelligent people are planning this shit right this second.
Do you really think that Elon Musk is interested in a fucking glorified subway train? No. He's perfecting his mining technology.

Once the first asteroid is being mine there will be an explosion. This is going to all take place in the next 15-30 years.

[Anonymous No.12960095]

You cant go into space dumbass.

[Anonymous No.12960098]

>>12960068
Another thing I forgot to mention is that there are companies working on creating fuel in space from the carbon they find on Asteroids.
An unlimited fuel source straight from the mine itsself without any need to worry about pollution.
This shit is the future.

[Anonymous No.12960102]

>>12960068
AI isn't real, its just regular computer programming, Musk is on pot, and we never went to the moon

[Anonymous No.12960107]

>>12960095
>>>/x/

[Anonymous No.12960156]

>>12960098
>meanwhile no one is even on the moon and I can see it with my own eyes, its right fucking there

Listening to these arguments is like listening to some CNBC fluff piece about how China is going to rule this century with magic AI and "robots", meanwhile its literally just a communist prison that makes cheap plastic shit no one really wants and anyone with half a brain can see this.

No one is in space, no one is going to space. If it changes it changes but I'm not seeing it.

[Anonymous No.12960161]

>>12960107
fuck you and that shitty containment forum. also fuck asteroid mining and other fantasies.

[Anonymous No.12960183]

reminder silver is going to 10 per ounce until american QT ends

[Anonymous No.12960232]

>>12960156
>>12960161
You people are insane. Take of the tinfoil hat. Do we live on a flat earth too? Do we bump into the firmament if we fly too high?
Can't believe I typed all that trying to convince you fucking mentalists.

[Anonymous No.12960246]

>>12960068
lol yeah sure larper, elon is perfecting his mining tech, nice proof

You asteroid mining shills are still tring to convince us that minkng asteroids is
1. Cost efficient
2. Easy
3. Will happen in our lifetime
4. Is easy to find and get to

It takes 50k to send one pound of anything into space, nice try schizo we’ll never asteroid mine

[Anonymous No.12960263]

>>12960232
You are the one who believe that this mylar and plastic contraption flew through space dumbass.

[Anonymous No.12960286]

>>12959417
What do you mean run out?

[Anonymous No.12960296]

>>12960232
No we live on a globe placed in the center of the universe by God.


>>12960263
I like how obviously its just in a room smaller than a fucking basketball court lol

[Anonymous No.12960315]

>>12959417
friendly reminder that holding precious metals is outdated boomer-tier advice and anyone holding it as a """"hedge for the future"""" are getting swindled. when SHTF and raiders come to kill you and rape your mother, they aren't taking gold/silver, they're taking your food/water/ammo/gasoline.

[Anonymous No.12960332]

>>12960246
Cost efficiency doesn't come into it when you're mining a lump of Gold, Silver, Iron and Diamonds 5 kilometers wide. This is happening in our lifetimes. There are tens of thousands of asteroids CLOSER THAN MARS, the vast majority have metals and water.

It doesn't matter how easy it is, barring a civilisational collapse we WILL be mining asteroids soon.

[Anonymous No.12960346]

>>12960315
Wrong. I will just buy a fucking boat m8

(this post is intentionally stupid to counter a non-argument :^))

[Anonymous No.12960377]

>>12960332
>believing there is literally just 5km wide lumps of gold floating around in space
>and somehow we're going to go get them when we can't even get to the moon

[Anonymous No.12960381]

>>12960332
lmao, youre a much bigger tin foiler than these moon landing hoaxers

Elon can barely even successfully launch and land a basic rocket, but youd have me believe hes on the brink of perfecting asteroid mining

[Anonymous No.12960468]

>>12960381
>Believes it's laughably impossible for Elon Musk to achieve space success in 2019
>Simultaneously believes we landed on the moon with sub-Atari technology 50 fucking years ago.

Kill yourself by swallowing tin foil faggot

[Anonymous No.12960480]

>>12959859
I'm sure those holograms have tons of "metal" on them.

[Anonymous No.12960500]

>>12960346
you're being stupid because you're coping and you have no legitimate rational argument as to why you wasted your money on coins no one cares you have.

[Anonymous No.12960518]

>>12960468
Cringe

Why are you so hostilely shilling spaceX and asteroid mining? Do i need to link you to a this impossibly advanced SpaceX rocket exploding before it even gets 100ft above ground?

You asteroid mininng truthers all need to be a psych ward, peak delusion

[Anonymous No.12960588]

>>12960500
>wasted my money
>literally just holding real money

You don't get it.

[Anonymous No.12960593]

>>12960263
the moon landings were so laughably fake. truly the definition of absurd.

http://centerforaninformedamerica.com/moondoggie/

[Anonymous No.12960635]

>>12959919

So? What does that have to do with the price? You do know that the price is based solely on paper silver being traded on exchanges and that this paper silver is simply "created" by jews connected to COMEX? It's all fake.

[Anonymous No.12960644]

>>12960593
Why didn’t ruskies claim the landings were fake?

[Anonymous No.12960645]

>>12960518
I haven't said a thing about asteroid mining, that was my first post in this thread. I just pointed out your self-destroying opinions, to which you replied "cringe" and then dropped buzzword salad consisting of "shilling", "truthers", and "peak delusion". So once again, tell me how rockets not even making 100ft in 2019 makes a moon landing 50 years ago believable in the slightest? You have to be trolling because you're not even trying.

[Anonymous No.12960667]

>>12960588
here's your last (You) boomer. keep larping and waiting for the end-times.

[Anonymous No.12960682]

>>12960644
Russians believe the entirety of western history is fake (and they aren't wrong)

[Anonymous No.12960696]

>>12960588

I hold silver, but why are you buying low grade trash rounds? Get 9999 fine silver instead of that 925 diluted crap

[Anonymous No.12960720]

>>12960588
If it's real money I should be able to walk into a store and buy things with it. Oh wait, I can't because it's not money

[Anonymous No.12960723]

>>12960645
I thought you were the same one arguing for asteroid mining

Im driving to work, unlike you neets, hence the dissociation

Im not a moon landing hoaxer, i think we got there and that the footage is fake

I was arguing the point that since elon can barely get rockets off with them crashing and burning, then how could he possibly achieve asteroid mining capabilities

[Anonymous No.12960727]

>>12960667
I'm not waiting for the end-times like some lefty enviromental feminist basedboy or modern christian, my entire thesis from post #1 is that I win if the world as it is remains relatively the same for another 20 years.

>>12960696
I buy mostly american coins, not a fan of leaves.
I have some british and australian stuff too.
Constitutional silver is currently being bought in bulk and melted by smaller industrial firms, so I have recently been stocking up on xf/bu/au rolls of various coins.

[Anonymous No.12960733]

>>12960696
It's harder to fake silver coins than pure silver.

[Anonymous No.12960743]

>>12960720
hold a 100$ bill for 25 years and then let me know how that works out for you vs. 5 oz of silver

[Anonymous No.12960776]

>>12960720
Unironically you can buy things with government mintage, jokes on you

[Anonymous No.12960777]

>>12960727

>I buy mostly american coins, not a fan of leaves.

3% premium straight to the jews my friend, Leaves and private mints are much cheaper in general. Here in Europe there's a 21% blood tax on anything that isn't controlled by the kikes unfortunately, so silver leaf coins are my best option right now. Bars, rounds, anything not government issued is taxes 21% while leaves are margin taxes which is a couple of cents per coin.

[Anonymous No.12960788]

>>12960733

Is it? How so? Is there a metal that has a weight that can't be differentiated from silver?

[Anonymous No.12960790]

>>12959417
been stacking like crazy the past few weeks at these bargain prices

[Anonymous No.12960803]

>>12959859
>mining asteroids

[Anonymous No.12960807]

where do you buy?

[Anonymous No.12960817]

>>12959859
> Elon

[Anonymous No.12960818]

>>12960788
iron can be inserted into a hollow bar of silver and you can't tell the difference with most tests unless you cut it open or use a super expensive metal scanner.

[Anonymous No.12960828]

>>12959417
A days wage used to be 1/10 of an ounce.

[Anonymous No.12960842]

>>12960818

Wouldn't it be magnetic then?

[Anonymous No.12960849]

>>12960777
I just really love Kennedys and early 20th century american coins, can't help myself. For me maples would only be about 50 cents or a dollar cheaper.

[Anonymous No.12960878]

>>12960849

Ah that's not too bad if you like the designs. I was trying to get some Monarch egyptian coins but unfortunately importing them costs like 30 over spot which is just insane.

[Anonymous No.12960879]

>>12959953
And you're going to be alive then?

[Anonymous No.12960896]

>>12960733
It probably has harsher penalties too considering it's US currency.

[Anonymous No.12960911]

>>12960777
Leaves are disgusting though and you’re trucuck and his shitty country

Ill stick with ASE’s because they can trade 2x spot on dips or goldenstatemint for their trollcoins

Trump admin ASE will have mega meme value in a decade

[Anonymous No.12960945]

>>12960896
Secrerlt service treats it the same as counterfeit dollars its big jail time

[Anonymous No.12960972]

>>12960911

Why though? They're just numbers on a piece of metal. It's going to get melted down anyway. I buy leaves because they're the cheapest high grade silver option I have. I'd prefer bars or non-government options but they just don't exist here. Trudeau will get the bullet when the time comes.

[Anonymous No.12961068]

>>12960972
People dont treat them as jusy numbers, i.e. the reagan year eagle trades $70 over spot.

iirc the cheapest gov mint is perth mint

If you’re looking for better melt value just get bars, gov mints are valued for their recognition and premium price >>12960807
In store for a <100 oz purchase, online dealers for 100+, some good online dealers are APMEX and SDBullion

[Anonymous No.12961082]

>>12959475
Some guys blogspot agrees with you.

[Anonymous No.12961100]

>>12960945
how would the secret service even link it to you? some fakes are very convincing.

[Anonymous No.12961113]

>>12959475
Do we have sources for this that aren't metal trading blogs?

[Anonymous No.12961132]

>>12961068
Why online for large orders though?

[Anonymous No.12961194]

>>12961100
If you know or unknowingly sell a fake gov mint you’ll be held accountable and liable for it

>>12961132
In store will generally give a better price for low quantity buys
Online will give you better per oz price for bigger buys and you’ll get free shipping.

[Anonymous No.12961196]

>>12961132

Shipping costs in most cases. Depends on where you live. For me online prices are usually around 2 euro over spot + shipping for the whole shipment. However since store prices are 15 to 25 euro over spot here, I only order online. Buying metals in the US is much, much easier. In the EUSSR you are expected to hand in anywhere between 1.67% and 9.75% of your stored wealth to your local government. It depends on how much you have.

Wealth is anything worth money according to these people. Metals, stocks, bonds, crypto and even your HOUSE. You're expected to shave off parts of this if you can't pay it from your income. If you don't pay, the government "takes back their property" from you. We don't have private ownership on this side of the pond anymore. Such is life under the social credit system. Just ask Count Dankula.

[Anonymous No.12961261]

>>12961196
>expected to hand in anywhere between 1.67% and 9.75% of your stored wealth to your local government
I thought burgers had it rough for most things. That's just robbery

[Anonymous No.12961271]

>>12961194
So every time you sell silver you think is real silver you're risking prison time? Why would anyone even try holding silver then? There is no way for a common man to be sure they are holding convincing fake silver.

[Anonymous No.12961280]

>>12961194

So every time you sell silver you think is real silver you're risking prison time? Why would anyone even try holding silver then? There is no way for a common man to be sure they are not holding convincing fake silver.

[Anonymous No.12961283]

>>12959953
>be 1960
>Oh yes anon, we're just a step away from flying cars
No, you missunderstand, retards like (you) have always existed. Science won't magically turn the unpractical practical. No scientific discovery will ever make flying cars effective compared to normal cars
, and no scientific discovery will ever make astroid mining profitable compared to the much easier alternatives like recycling

holy shit some science cultists are simply just... stupid. So so stupid.

[Anonymous No.12961327]

>>12961280
If you weigh it, measure it's dimensions, and do a magnet test you can be about 99.99% sure it's real, also just buy from trusted sources - like that guy mentioned SDbullion, I've never heard anything negative about them.

[Anonymous No.12961338]

>>12961280
Nah i was just joking, i have no idea about how the SS goes about it

To tell if its real you can do the sound test or use a purification device but those are not optimal to own for personal use because they’re expensive as fuck.

I think most in store dealers have the devices though, you can take some in there and ask them to test some, i’d buy some metals off them first though.

[Anonymous No.12961368]

>>12961261

Well no you see they're Communists, so they don't believe in property rights and ownership. Everything is always someone's fault but theirs and all your stuff belongs to them but you can't demand anything from them.

They're not really humans.

[Anonymous No.12961377]

>>12961280

Just get a neodymium magnet or have an identical piece to compare to what you're buying.

[Anonymous No.12961382]

>>12959417
What's the best place to buy silver?

[Anonymous No.12961393]

>>12961382
>>12961068

[Anonymous No.12961405]

>>12961382

GoldSilver.com is usually pretty good in terms of prices. It depends on where you live really.

[Anonymous No.12961416]

>>12961405
>maloney truther
BASED!

[Anonymous No.12961434]

>>12961393
>>12961405
Thanks anons

[Anonymous No.12961449]

>>12960098
if fuel from carbon in asteroids is that easily processable into fuel then why aren't we developing that technology for use right here on earth, where there's a metric shitton of carbon?

[Anonymous No.12961614]

>>12961416
Silver will break $100+ when the time is right.

[Anonymous No.12961636]

>>12961416
in no way is that connected to jews or even wrong but good to know that shorts are at an all-time high which is a buy signal.

[Anonymous No.12961656]

>>12961449

Sssssssh

[Anonymous No.12961681]

>>12961636
It is connected to the kikes though, they’re the ones performing all the shorts, the banks

[Anonymous No.12961750]

>>12961681
That graphic doesn't tell me anything about jews though. There's nothing illegal or wrong with shorting silver futures or even silver. The only thing that matters is that shorts are at an all-time high which is a buy signal because people will demand their silver back from the "jew" which will push the price up.

[Anonymous No.12962812]

>>12959417
How

[Anonymous No.12962893]

>>12959417
Krugerrands only

[Anonymous No.12963001]

>>12961750

Jews have been kicked out of a 109 nations 379 times for doing what? Eating children and selling paper metal I.O.U.'s without having any metal to back them.

Look at ancient depictions of Jews.

[Anonymous No.12963081]

>>12960468
>Simultaneously believes we landed on the moon with sub-Atari technology 50 fucking years ago

Ask me how I know you are a brainlet...

[Anonymous No.12963175]

>>12959475
>silver mainly a byproduct of mining for OTHER rare metals
>somehow going extinct by the very generous prediction of NEXT YEAR
>by some literal who that probably writes for abovetopsecret also

I like silver but this dude makes me never wanna touch it again. Real news is that JPM has been buying hand over fist for awhile now and will probably do some 80s shenanigans in a few years.

[Anonymous No.12963370]

>>12963175
That was originally a USGS prediction for 2020, that it would be 'virtually' extinct, from around 2010, fast forward to 2018/19 you have central banks buying more gold than they have in any year since 1971, and multiple shortages being reported by major mints and bullion dealers. The supply is certainly thinning out.

The problem most people have is they want instant results from a silver or gold investment, the math is not wrong, silver especially is severely undervalued - but I believe it could basically plateau for 10-15 years before a moonshot.

So if you can stomach a Very long term investment it may be the buy of a lifetime right now, but most people get frustrated and flushed out of the market within a year or two if nothing happens.