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/biz/ - Business & Finance


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File: 39 KB, 365x365, silverchads.jpg [View same] [iqdb] [saucenao] [google]
15442280 No.15442280 [Reply] [Original]

Silver will be over $30 by eoy and will break $100 next year. Time is ticking for your last chance to accumulate at these levels.

>> No.15442561

>>15442280
Redpill me on silver. I am already buying libertads but I could go directly to the mine and buy kgs. Good idea or not?

>> No.15442579

>>15442561
Any silver is good silver if you by near spot and verify what your getting is real

>> No.15442696

>>15442280
silver isnt going to $100, $50 max maybe...but $100 nope..

>> No.15442793

>>15442696
Source: dude trust me

>> No.15442832

>>15442696
historical average silver:gold ratio is 14:1

>> No.15442845

>>15442832
Its actually 1:16 on average before the fed but, right now its 1:83 last time I checked

>> No.15442960
File: 33 KB, 657x527, hsdfdd.png [View same] [iqdb] [saucenao] [google]
15442960

silber

>> No.15442972

>>15442832
Modern day average is 40:1, with a low of 30:1 in 2011. Gold is on a fire sale of 50% off

>> No.15442976

>>15442280
some one screen shot this and post it in 4 months and i'll send you 100 LINK

>> No.15442989

>>15442561

The less recognized it is, the less likely it is that you can exchange it for liquidity at a recognized institution. Silver is silver, but you should keep that in mind.

>> No.15443551

>>15442696
Once silver breaks out passed $25 it’s to the moon this time. Trillion dollar deficits outside a recession and people think the dollar will remain the reserve forever. Wait until the Fed resumes QE and cuts rates back to zero.

>> No.15443754
File: 656 KB, 1439x1914, Screenshot_20190831-004532_Gmail.jpg [View same] [iqdb] [saucenao] [google]
15443754

I can't wait to drive by the bread lines and laugh at you all from my lambo.

>> No.15443804

>>15442561
you in Mexico? don{t, keep buying them titties. Banks have to accept them at spot and you can pay all public and private debts with them. you can´t do that with any other form of silver directly, also>>15442989 is right, you´ll lose potential buyers with non standard silver forms... although silver is silver.

>> No.15443811

>>15442280
been thinking to buy silver for a while, why would people buy by 10oz/1oz coin instead of kg at a time ? It's way cheaper to buy by kg no ?

>> No.15443814

>>15443754
>218 for 10 oz of silver
>21.80/oz @ 18.43 spot
>buying $3.37 over spot

this is why you buy bars. You could have gotten it like $1 over spot for the same price. But no

>> No.15443849

>>15442845
And it comes out of the ground at 1:10 gold silver. Wtf

>> No.15443874

>>15443814
*$1 over spot for the same amount of silver

>> No.15443875

>>15443814
No one's going to buy your stupid fucking generic Christmas bars because normies won't be able to tell if it's fake. A silver eagle is much easier to validate. It won't matter how close to spot you got it if it's not easily fungible.

Still don't believe me? If I offered you one free ASE or one free generic "merry Christmas 1975" bar, which would you choose? There's a reason ASEs have a premium.

>> No.15443892

>>15443875
I'm not a retard so I don't buy second hand from non-dealers. Maybe you do because your IQ is in the toilet.

But by all means continue paying a fucking upcharge for pretty pictures over just silver with that Burger King money.

>> No.15443901

>>15443892
>I'm not a retard so I don't buy second hand from non-dealers.
You've literally just made my point.

>> No.15443914

>>15443901
Holyfuck you're actually dumb. You even think that the upcharge from ASE comes from them being easier to validate.

Have you heard of buying storebrand before? Have you heard of buying in bulk? You know why it's cheaper?

It must be because the tinned spaghetti is easier to validate lmao

>> No.15443940
File: 39 KB, 565x589, bars.png [View same] [iqdb] [saucenao] [google]
15443940

Listen, /biz/.

With Silver being more in the news, you're going to deal with a lot of poor people who want to larp like they know anything about silver investing. These are the same people who told you to buy into crypto at the peak of the bubble.

Don't listen to Burger King employees. Listen to me.

If you want to get into Silver, buy bars.

>> No.15443953

>>15443940
is there a significant difference between a PAMP and a regular bar ? thinking to buy 1kg or 100oz

>> No.15443964

>>15443940
Thank you oh Messiah, what would we do without your authority to guide us?
>>15443914
Nice strawman argument, we're not talking about name brands.

You haven't countered my argument that ASEs are easier for normies to validate. You even said you don't buy third party, why? Because you'll get scammed? Because you don't know how to check against fakes? Why wouldn't you buy from a Facebook normie selling his grandpa's collection of generic buffalo bars at spot?

>> No.15443985

>>15442280
We are hitting $100 by eoy at least. $400 by this time next year. Strap in retards

>> No.15443987

>>15443953
I'd recommend not diving head first into 1kg or high oz bars unless you regularly make a lot per year and a few grand is just a small percentage of your paycheck.

It's like with stocks, you want to accrue your shares over time so you can actively buy dips and even during spikes if you buy, it doesn't ruin your average cost/share. Same goes for the cost per ounce with your stuff. There's no doubt some retard who, during 2011, bought in all at once at over $50 an ounce.

Also it's just silver at the end. That's all your buying. Not the brand or anything. Don't worry so much about anything fancy as long as it's from a reputable source that you know will send you just silver.

>>15443964
You can buy wholesale fake silver plated American Silver Eagles for pennies each. The idea that somehow coins are harder to fake is really retarded. It's also retarded to not buy from a dealer and to sell to "normies". Why do I want to sell to normies?

I can sell to pawn shops, banks, dedicated gold/silver shops locally and online. T

>> No.15443989

>>15443940
>Dude just trust me

>> No.15443991

>>15443811
Because when it's time to sell those are hard to move. Coin shops prefer 1oz over anything

>> No.15444009

>>15443811
Because people like pretty coins and everyone can afford a small amount of silver coins at an upcharge but not everyone can afford to bulk buy silver at a very cheap price per ounce. That's really it.

With that said, buy in bars, even smaller ones. If you want to hobby collect coins, good for you, but silver is silver and it makes no difference when you sell it if it's a bar or a coin.

>> No.15444019

>>15443989
the numbers speak for themselves. Go to an online shop for silver and gold and add equivalent oz of silver but one in coin form and the other in bar increments.

Are numbers not real?

>> No.15444023

>>15443964
Show me one real picture of one of these fakes and I'll tell you exactly why it's fake. Know how I can tell? I can compare it to a real one. With a generic bar without a mint mark, what am I comparing it to?

Enjoy paying the store to have your shit shipped off and assayed to verify its authenticity.

>> No.15444031

>>15442960
Barry SILBERt started the anti-GOLD campaign and said Bitcoin much better.
>He doesn't know about Harmony let alone about Gizem and her feet

>> No.15444039

>>15444023
>Enjoy paying the store to have your shit shipped off and assayed to verify its authenticity.

I know you aren't experienced in silver because this doesn't happen.

>> No.15444043

>>15442280
>hoarding funny shinny metal elements

>> No.15444069

>>15444039
I know you're sucking at making your point without throwing ad hominems, making strawman argument, and appeals to your authority.

Get the fuck over yourself, you're not an authority figure here, nobody is going to upvote you. Shut the fuck up acting like anybody should listen to you over any other post here because "muh experience". You're posting on an Anonymous image board faggot.

Address any single one of my points properly or fuck off back to Plebbit.

>> No.15444079

>>15444069
>makes a wildly bold retard claim
>nah man that doesn't happen. And here you are trying to give people advice?
>[incoherent screaming]

cool

>> No.15444081
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15444081

>>15443940
Bars can be a bad idea because in a lot of countries they are subject to VAT while coins are taxfree because they are a currency (for the ones with a monetary value stamped on it).
For example where i live bars have a 20% VAT where coins are at 0%, so coins get a lot cheaper in the end.
So beware of regulations in the country you plan to buy to be sure to get the cheapest stuff.

>> No.15444125

Have fun collecting rocks like the primitive helpless retard you are

>> No.15444225

>>15444125
What's wrong with silver? Be specific.

>> No.15444244

I don't know if the amount of fud is to detract people or the ones fudding are just butthurt fucktards. We been telling you to buy silver since it was $14 and I'm in profit now having no trouble selling at local coin shops. I'm going to hold because silver has the opportunity to break ath easily. So those fudding are literally dumb as rocks.

>> No.15444399
File: 21 KB, 736x616, 1548306562000.png [View same] [iqdb] [saucenao] [google]
15444399

>>15443754
SD bullion sells them ~40 cents cheaper each. Just saying..

>> No.15444424

>>15444081
You're in the UK. Where do you buy your silver from? What brand and shops do you recommend?

>> No.15444435

>>15444424
I buy directly from the queen

>> No.15444451

>>15444424
Bump

>> No.15444872

>>15444081
in my retarded country silver has vat period

>> No.15444877
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15444877

Silver will damp and coti will rise instead

>> No.15445054

>>15442280
enjoy urt collectables tax with no long term benefits

>> No.15445057

>>15444872
we cant have the goyim buying, now can we

>> No.15445084

>>15445057
i bought some from estonia vat free but it was still expensive as fuck recently broke even

>> No.15445097

>>15445084
Where did you buy from?

>> No.15445135

>>15443849
>And it comes out of the ground at 1:10 gold silver. Wtf

Price suppression, mostly via paper silver (1 oz for every 1000 certificates) sold by the JP morgan comodities desk in the city of london. Used to be run by Blythe Masters, she did a good enough job fucking silver they sent her to fuck crypto last time I checked
Also keep in mind along with less silver vs gold coming out of the ground than in the past far more silver is used up in infustrial/manufacturing applications

Silver was the system's achilles heel. The Hunt bros knew that and almost took the whole damn thing down.

>> No.15445167

>>15444069
Have sex.

>>15444081

Luckily i live in a country where silver and gold are exempt from much taxes.

Should i go retarded and spend a grand on a 1 kg bar or should i spend the money on lots of little coins? First time stacker.

>> No.15445172

>>15444225
Nothing. Its just some shitcoiner thinking he'll make back his losses.

>> No.15445253

>>15444424
nah i'm from France, i purchased online from acheterorargent.com

>> No.15445287

>>15445253
argent = money
argent = silver
french language is redpilled

>> No.15445310

>>15445287
yes, also
avocat = avocado
avocat = lawyer

>> No.15445318

>>15445253
My man, but you meant acheter-or-argent.fr

>> No.15445340
File: 171 KB, 720x746, Screenshot_20190831-013616~2.png [View same] [iqdb] [saucenao] [google]
15445340

>>15442280

>> No.15445357
File: 59 KB, 1248x653, silver.png [View same] [iqdb] [saucenao] [google]
15445357

>>15445318
Yes sorry i didn't purchased since a while. Even if this site looks like it was made in 1995 the team is pretty based and i love their feature of locking the price at the moment it's in your basket and not when you purchase, this way you can play with the exchange rate to be sure to get the best price when you buy.
It's thanks to that i got my stack (200oz of philharmoniker) at pic related.

>> No.15445360

>>15443940
Buy rounds.

>> No.15445377

I just ordered me some leafs
but there are many other metals on market... metals with more real life use; like copper, titanium, lithium...

>> No.15445390

>>15445097
liberty silver or something

>> No.15445400
File: 869 KB, 1000x1000, 399cb2f3a5d40a9235b4938558c0ff2ef878981012fe76271387d3d32e4aed03.png [View same] [iqdb] [saucenao] [google]
15445400

>>15444399
Thats where I get mine from.

>> No.15445416

>>15445400
we need a limit edition pepe coin

>> No.15445451
File: 95 KB, 620x453, 1542664273804.png [View same] [iqdb] [saucenao] [google]
15445451

>>15445416
i want an Apu coin too. With a face value of 1 Fren.

>> No.15445454

Listen to this magical sound, bros. People fudding against these heavenly materials are diabolical.

https://www.youtube.com/watch?v=GajK6Vrh2Rs

>> No.15445791

Can anyone give me one good reason to not buy silver bars virtually?
>easy to buy
>no taxation shit
>easy to sell
>cheap as fuck

>> No.15445836

>>15445791
because you are essentially buying I O Us ?

>> No.15445842

>people tell you that you need silver for the UPCOMING COLLAPSE (totally happening THIS time! It's different!"
>tell you its a fantastic store of value
>want your dollars to part with the silver

But wait! If silver is the ultimate safe store of value...why are they selling it for dollars instead of keeping it for themselves?

DONT FALL FOR THIS SCAM

>> No.15445870

>>15445842
same reason why some people seek solace in jesus and others in satan.
same shit, different perspective.

>> No.15445915

>>15445842
>>15445870
Now go back to your virtual shitcoin, faggots.

>> No.15445926

>>15445836
Which I can cash out whenever I want

>> No.15445927

>>15442696
Going to 10k in fact.

>> No.15445938

>>15445915
Almost all of my wealth is in equities and real estate, with the rest being cash and yes, I keep about 3% of my networth in crypto largely for shits and giggles.

>> No.15445964

>>15445390
For whatever reason their website doesn't work for me. It keeps claiming my chart is empty whenever I add something.

>> No.15445965

>>15445926
except you don't even own/hold what appears on your screen
you get hacked/exchange goes down and takes your funds you're out of luck
i can look right over my shoulder and see the physical wealth that i actually own, and hold physically
>but you can't sell it!
i know 5 people off the top of my head that i could go sell silver to right now, and even more shop owners

>> No.15445986
File: 299 KB, 510x510, d5700ed598f7e1402ce46aa9ee590c0f2586685b8aa1d4bbcd71f3e78169ba79.png [View same] [iqdb] [saucenao] [google]
15445986

>>15445416
Have another fren.

>> No.15446218

>>15445986
thanks fren

>> No.15446343

>>15445791
As long as it's stored in audited vaults like goldmoney.com it is not a bad option. That is how I buy gold and silver for non-shtf hedging, because the premiums are so low (0.5% buy, 0.5% sell)

>> No.15446364

Just buy the iShares Silver Trust so you can actually gtfo of silver when the mania ends.

Common sense. Hoarding physical silver is 90% stupid.

Give me a good reason to buy physical gold and silver and not just invest my money in gold and silver related ETFs.

>> No.15446367

>>15445938
So 3 usd in crypto, that's risky bro

>> No.15446480

i have 50 oz of silver. how much to make it

>> No.15446523

>>15445965
>except you don't even own/hold what appears on your screen
I do, I just don't physically hold it
>you get hacked/exchange goes down and takes your funds you're out of luck
I am not gonna get hacked with 2-step authorication lol. And the exchange isn't gonna go down for a long period of time, if it even ever will

Yea I'm aware that you can sell physical bars irl, but it's so incredibly much more convenient to just cash out. Also if you sell a bar irl the entity you're selling to takes a bigger cut, always

>> No.15446593
File: 27 KB, 327x366, $803.jpg [View same] [iqdb] [saucenao] [google]
15446593

>> No.15446723

>>15442280
curious why buy silver and gold why not buy miners?
i overheard a story from my boss. He said he fathers old business partner bought a bunch of gold miners when gold was finally made available again for public use. he turned 80k into a couple millions(im quoting my boss)

but think about it another way
if a miner makes say $100 profit from minining gold @ price of $1300 per ounce then he makes double the profit from mining the same gold if gold goes to $1400 per ounce.

for that reason i think mining shares and physicals will be best investments.

>> No.15446760

>>15445791
There is more silver traded on paper than actually exists in the world.
As >>15445836 said, you're buying IOUs, but there's not enough silver for the IOUs. You can't actually get the silver delivered from these places, you can only "cashout" as you said. This has been going on for a long time, and helped prop up the banks (keep your dollars got, see how worthless silver is?) but the whole house of cards is collapsing.

https://www.cnbc.com/2018/11/12/ex-jp-morgan-silver-traders-guilty-plea-could-boost-manipulation-suit.html

>> No.15446790

>>15446760
> the whole house of cards is collapsing.
they have been saying this for literally DECADES

i dont doubt it will collapse, but the collapse will be stretched out and lengthen far outside your lifetime and your grand childrens lifetimes

>> No.15446908

>>15442696
Still a great prediction if u buy call options for July 2020 or something

>> No.15447240

>>15446760
I really don't see how this affects me, it's only relevant if the whole world collapses, and at that point I have bigger problems

>> No.15447288

>>15442976
I take advance payments. If you're serious I'm actually gonna do some shitposting with this

>> No.15447361
File: 66 KB, 675x601, Heh, investments.jpg [View same] [iqdb] [saucenao] [google]
15447361

>>15442280

>Silver will be over $30 by eoy and will break $100 next year.
Why?

Also, who else hoarding platinum for when South Africa implodes?

>> No.15447372

>>15442280
So the real red pill is to own a silver mine?

>> No.15447567

Just my own observation on the bars vs. coins debate, for any Texans here, I buy direct from Texas Precious Metals, mostly bars. The Texas Mint where they are made is in Shiner, TX. TXPM is the owner of the mint, but they are also the principal operator of the Texas State Bullion Depository, which is state owned and privately operated. Just in case anyone wants to buy bars that have a bit more legitimacy here in the states.

I stack a bunch of other silver, but I've started to move over to them specifically because yeehaw factor and the mint is literally driving distance from me.

>> No.15447594
File: 1.85 MB, 1600x901, 21B9C59E-9246-4B9E-851B-89A747AC72DF.png [View same] [iqdb] [saucenao] [google]
15447594

We literally cannot go down, only up

>> No.15447625

>>15443940

In europe, coins are taxed less than bars so coins are always cheaper because no 21% tax rape over the full amount

>> No.15447643
File: 129 KB, 1024x965, Texas boomer with big monster on his hip.jpg [View same] [iqdb] [saucenao] [google]
15447643

>>15447567

>and the mint is literally driving distance from me.

Based. Can you buy Shiner Bock right from the brewery there too?

>> No.15447770

>>15446367
My NW is ~$515k actually. It's because I put $ into equities and not shiny things that do jack shit for you.

>> No.15448117

>>15446790
right its never going to collapse until the very moment it does

>> No.15448127

Instead of gold and sliver it is better to invest in cryptocoins like Telecoin.

>> No.15448189
File: 71 KB, 643x461, Global-Silver-Exchange-Trading-vs-Mine-Supply-2016.jpg [View same] [iqdb] [saucenao] [google]
15448189

>>15446364
>Give me a good reason to buy physical gold and silver and not just invest my money in gold and silver related ETFs

198oz of paper silver backed by 1 physical oz, this is the current ratio. You have to be sub60IQ to buy any paper of the most manipulated asset in the world you stupid clown.

>> No.15448486
File: 182 KB, 979x560, Screenshot_20190817-131056_Brave.jpg [View same] [iqdb] [saucenao] [google]
15448486

>>15442696
Weak fud

>> No.15449338

>>15447643
Yeah, you can go on brewery tours n shiet.

>> No.15449381

>>15448189
How is this legal? How can they trade paper shares of silver that aren't backed by silver?

>> No.15449399

>>15448189
Ishares silver has actual silver assets that are under the custody of JP Morgan you dummy.

>> No.15449410

>>15449381
Because we live under a global oligarchy that writes its own laws.

>> No.15450369

>>15447625
In europe, only in estonia silver coins (not rounds or bars) are VAT free. So people from other EU countries buy online and courier delivers to avoid VAT.

>> No.15450424

>>15448189
>Trading volume vs Supply
wut?

>> No.15450477

>>15442793
>>15442280

>> No.15450816

Been accumulating pms since late 2014. It was either PM's or btc.

I'm looking into selling some PM's but it's fucking hard to do in Australia, not as may options as the USA. Anyone got any ideas?

>> No.15450819

>>15443811
The larger the size, the easier to wrap a layer of silver around tungsten.

>> No.15450829

>>15448189
>>15449381
That’s just trading volume, there’s a lot more buying and selling of silver ETFs than physical silver. And OF COURSE there is, that’s one of the purposes of the ETFs.

Paper silver is much more liquid than physical silver. But you can’t access it if shtf.

So you don’t get to rub your peepee on it while fantasizing that you’ll be a big boy when the world goes to hell.

>> No.15450860

>>15450829
>Buy an imaginary IOU
>If you want to buy the physical thing you’re a sexually deprived fantasizing loser

>> No.15450898
File: 115 KB, 694x544, 1492370021273.jpg [View same] [iqdb] [saucenao] [google]
15450898

>>15450829
>So you don’t get to rub your peepee on it while fantasizing that you’ll be a big boy when the world goes to hell.

Me

>> No.15450926

>>15450860
No! I was more thinking of preppers who think that the world will invert someday, and that the losers will be on the top with all the pussy and the power.

Also it does sound like something goldbug-types would do with all that cool, smooth, shiny metal.

>> No.15450932

>>15450860
Also,
>imaginary iou
It’s a very real iou.

>> No.15450954

You have till the end of this day to become rich. Purchase Anon's Paypal Coins, that will boost to 500$ next month, now it worths only 1$, but it will increase.

How to buy?

Easy, start to hold by sending $ (1$ 1 anons coin) to NeidyCamachos@hotmail.com

You're running out of time

>> No.15451008

>>15447770
Post bank account

>> No.15451448
File: 38 KB, 640x426, 7B7FBDB3-0B68-4263-9DC3-DCD1B1780B47.jpg [View same] [iqdb] [saucenao] [google]
15451448

Gorgeous. This is how I will be cashing out my BTC gains after 100kEOY this year

>> No.15451498
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15451498

People praying for 2x for silver eoy meanwhile there are gems out there that will easily do 5x , like ultra io

>> No.15451568

>>15451498
Fuck off pajeet, shill your shit coin elsewhere

>> No.15451616

>>15451498
/biz/ hasn't been a crypto board for over 2 weeks, sandeep. Shill your garbage elsewhere.

>> No.15451706
File: 51 KB, 725x600, yfw no more food stamps.jpg [View same] [iqdb] [saucenao] [google]
15451706

>>15451498
Silver has lower gains, but it also doesn't have a high chance of becoming $0.0000000000000000001 EOY like your scam Pajeet shitcoin