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/biz/ - Business & Finance

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17254361 No.17254361 [Reply] [Original]

How come there hasn't been a precious metals thread today?

>> No.17254375
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17254375

>>17254361
Just got a 10oz 2020 kookaburra today
Next to a 1 kilo bar for comparison

>> No.17254384

It fluctuates. If shit pops off in crypto then no /pmg/. It is gonna rear its head again eventually. Keep stacking

>> No.17254385

It’s all crypto. Just remember to buy some gold and silver as well. Does not need to be a lot but freeze some wealth.

>> No.17254412

The bot broke. No one seriously buys that trash. Is this the 1800’s?

>> No.17254502

lol you don't buy metals to make money. you're better investing in gold mining stocks

>> No.17255065

>>17254375
Love me some kooks. A kilo would be a sweet addition to the stack.

>> No.17255094

Equal parts crypto and precious metals.
One's gonna boom, the other is gonna flounder.

>> No.17255129

>>17254361
Red pill me on those US Quarters. I'm going to get into collecting and hoarding precious metals and coins. I find it striking to see quarters.

>> No.17255139

>>17255129
>>17254361
By Quarters I mean the naked ones in the middle of the frame.

>> No.17255158

>>17254361

There hasnt been one in days if I recall. I think a combo of nervous jews, pajeets, and bootlickers fudding, along with Silver not doing anything at the moment, and with there nothing to really say besides "yep, still stacking" means these threads will lack for content for a while until Silver goes up.

That all said, just bought my first ten maple leafs, and a roll of Roosevelt dimes. I wanted to get more, but I have car maintenance ive put off long enough that needs to get done.

>> No.17255305

>>17254361
One a year should suffice.

>> No.17255602

Why stack if you can't sell?
$5k sure, but anything above will be frozen for years and attract bulglars.

>> No.17255688
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17255688

Shills getting extremely nervous is all
Anytime a metals thread gets created, 20+ <5 post shill threads pop up out of nowhere to slide it into oblivion

>> No.17255710

how many of the apmex, argor etc are fakes? you can buy that shit off DHGate for like 10 dollars, and yours are in the -exact- same packaging theirs come in.

OP is a faggot.

>> No.17255729

>>17254412
I buy it and will continue to buy it as income continuously flows in. I'm not all in on it but it's better than the USD which is debt based.

>> No.17255766

>>17255139
It's just junk silver. 1964 or older is 90% silver. You'd use them as currency if pm's became tender after a global catastrophe.

>> No.17256635

Should I buy copper bullion?

>> No.17256668

>>17256635
Look at the supply and prospective future demands. Why not just get a bunch of pennies? Aren't they worth more in metal value than face value?

>> No.17256672

>>17256635
no. copper is much more common and scrap is easier to come by in large quantities. also you will be paying a premium if you're not in a industry buying in bulk

>> No.17257740
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17257740

>>17256635
Why not

>> No.17257969

>>17256672
This. Copper is not a sound investment.
Too high premium and spread.
Also too widely used.
If copper goes x5 tge world economy goes in the toilet basically because so much is built with copper, it would all get very expensive.
All copper mined and thus sold in a year is worth 100-200 billion dollar.
All rhodium mined and sold used to be worth 1 billion.
Rhodium went x10 and the world economy had to pay 10 billion more to buy all of it. The economy doesnt even notice.
If copper goes x5 the world economy will need to pay 500 billion more to purchase the copper.
This works very prohibitive to price discovery.

>> No.17258159

silver is garbo

>> No.17258291

>>17257969
Isnt silver used in a shit ton of things too?
Whats stopping that from ending up the same?

>> No.17258314

>>17254361
Why do you have half dollars in display cases like some autistic retard?

>> No.17258332

>>17255688
Noticed that too. I don't mind or anything. Shhhhhhhhhhhh I don't want everything being sold out before I make it with LINK.

>> No.17258353

>>17257969
People would just substitute it with aluminum or some other kind of alloy, have seen it personally in places in the south where methheads were literally stealing the fucking powerlines because of their copper content.

>> No.17258661

>>17258291
Yeah but silver is also worth just 15 billion.
It's not because silver goes to 60 dollars that the world economy grinds to a halt because electronics are suddenly super expensive to build.
Best exampke is the oil boom of 2008.
Oil went to 150 dollars. One years worth of oil was 3 to 4 trillion.
Peopke were all of a sudden spending trillions on oil instead of spending it on products, investing it in the stock market etc.
Corporations saw their product margins cut because they had to spend more on transportation and oil related things.
Few months after the oil peak the market crashed. Not the only reason but a major part imho.
Copper almost has that same power.
Silver does not, it's just not that important. And it is super widely used. There are few products that would see a significant cut in profit margin if silver were to quadruple

>> No.17259438
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17259438

>>17258661
>Yeah but silver is also worth just 15 billion.

50 billion oz x $15 = $15 billion?