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/biz/ - Business & Finance

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17876663 No.17876663 [Reply] [Original]

As for today, you can't buy silver online in UK.
All major websites stopped sending orders and are out of stock.

>> No.17877370

Yeah man, fucking crazy. What's next do you think?

>> No.17877408

Its okay us no coiners can just buy the israeli shekel.
Its the second currency with the lowest inflation.

>> No.17877424

>>17877370
Chicken kebab

>> No.17877433

>>17876663
I know mate, crazy. I wonder if they just stopped selling because of the price dump or they genuinely ran out of stock.

>> No.17877449

If supply is running low why are prices dropping

>> No.17877505
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17877505

>>17876663
The cheapest ounce of silver available in 129 euros. The cheapest ounce of gold is 2600.

>> No.17877518

>>17877449
Banks selling gold backed paper redeemable for gold

>> No.17877528

>>17877449
Paper metals. Physical metals go 4x to 10x of the spot price.

>> No.17877533

>>17876663
What kind of retard would actually buy silver from within the UK and pay VAT when you do not even need to?

>> No.17877539

Where can a burger get silver?

>> No.17877653

>>17877449
The Silver price is a market selling theoretical silver, which is not backed and the supply is dwindling.

>> No.17877714

>>17877449
Why indeed

>> No.17878062

>>17876663
Why would you want to?

>> No.17878188

>>17876663
Reposting:
>I just called 6 shops, no Silver or delivery in 30days. Yet some how price droped from 1.88 to 1.63 since yesterday, WTF IS GOING ON?

>> No.17878295

>>17877433

My metal dealers just upped their premiums to the roof and were buying for the paper value.

>> No.17878366

>>17878188
This is how this paper ponzi shitshow dies, brutally crashing with reality. I tip my hat to you, ShiffWillWin

>> No.17878390

silver is insane right now. i'm wondering when industrial silver will start hitting the market.
> anon pls buy my 10lbs of 80% silver
that would have been used to make solar panels lol

>> No.17879290

>>17878366
Im fucking brainlet, I stock food and shit 3 weeks ago but was lazy to buy silver cuz I have some spending coming this spring and wanted to gather some cash....now its fucking dream, I got some but no were near level I wanted. FUCK THIS EARTH.

>> No.17879389

Gold/silver ratio at 120:1. Never before in history. Buying silver now is once in a lifetime opportunity

>> No.17879692

>>17879389
How do they keep silver price so low?

>> No.17879755

>>17877528
why is that a thing?
why isn't there just one price

>> No.17880071

>bought 9oz yday because poorfag
>fuck VAT bruv
wonder when price will moon

>> No.17880101

How do I get my hands on silver, what is the likelihood sellers will restock before society collapses?

>> No.17880134

>>17876663
Brainlet here.
Why are you buying silver?
Do you think your shiny brick will stop mad max bandits from fucking your shit?

>> No.17880202

>>17880101
i hope

>> No.17880203

>>17880134

It's a rare metal that has a monetary value derived from its scarcity and application.

>> No.17880228

The chink at my mint locked in the price for me and said I'll get it in 3-4 weeks

>> No.17880263

>>17880134
If you see silver coin on a ground, would you pick it up?
What if it was in drain, would you reach for it?

>> No.17880352

>>17880263
Very good explaination for us apes

>> No.17880489

>>17876663
you can buy 1oz silver coins from pamp at $17.59

>> No.17880727

Am I a loser if I just buy silver on eToro? Found a place to buy 32.15oz bars for 540 Eur but 32.15oz coins are for 465. Isn't it supposed to be the other way around? brainlet here...

>> No.17880748

>>17880727
Not sure myslef but bigger pices are going by more $$

>> No.17880793

>>17880727
depends on the type of coins and bars - purity is a factor obviously

>> No.17880871

>>17880793
Never seen bars/coins from big shops with less than .999 or .925. One seller had coins with random dates but same patern and they were 1/10 lower than current year ones. Baffling to me since its the same fucking silver.

>> No.17880893

>>17878188
I know an online shop in EU where you can still buy silver ounces for €17.5.

7 day delivery though, and most of their coins are sold out.

>> No.17880942

>>17880893
Im not sure if this will work since we have closed border but its worth a try

>> No.17880985

>>17879755
Because they are two different products.

>> No.17881012

>>17879755
Because there is much much more paper PMs than there are real PMs. Once everyone realizes the PMs aren't there and their paper is worthless PMs will do a 10x.

>> No.17881033

>>17879290
If it gets that bad you might as well just go fucking rob someone who bought worthless silver instead of bullets and beans

>> No.17881040

Silver and gold are worth their weight and the market price for it s irrelevant if there is an economic reset.

>> No.17881057

so much people willing to remain bagholders

that's true dedication from our bongs' autists cousins

>> No.17881059
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17881059

>>17880942
https://auragentum.de/

Trusted German online retailer, there's a 7% differential tax within the EU (kinda like VAT I think)

But I guess if you are in the UK you won't have free exchange of goods and need to pay heavy import taxes? Idk how it works now with Brexit.

>> No.17881066

>>17881040
Thanks captain, topic was: silver is out of stock.

>> No.17881071

how does it moon if people cant buy it?

>> No.17881073
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17881073

>>17876663
>As for today, you can't buy silver online in UK.
>All major websites stopped sending orders and are out of stock.
Same for France, looked everywhere for 2 days and nothing is left. Not even the overpriced commemorative coins or the 70% purity old shit. Nothing.

>> No.17881182

>>17881059
Im in Polen mate, people are freaking out here but its not even the begining, we have 210 confirmed 50 more than yesterday. Its gonna be rough, thx for the tip.

>> No.17881189

>>17881071
Because Silver ETF determine the price.

>> No.17881210

JP MORGAN MADE CORONA VIRUS. FEW THOUSANDS DEAD AND BORDERS ALREADY SHUT GLOBALLY. WE ARE NOT GETTING ANY FRESH SILVER ANYMORE. THIS IS THE CURRENCY RESET HAPPENING

>> No.17881233

>>17880985
Underrated

>> No.17881410

>>17881073
In reality the paper price of silver is more likely accurate and the physical is sold out for the same reason as toilet paper.

>> No.17881488

Any info on mints production? When will silver be back on sale?
Did anyone contact mints?
We need some good info.
I hope next week will be back to normal.

>> No.17881663

i just ordered 30 Austrian Silver Philharmonics feelsgoodman

>> No.17882064
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17882064

>>17876663
>Paying 20% tax on top of a huge premium
No one buys silver in the UK retard
Absolutely no one but the stupidest of cretins. The sites never hold any stock because of the huge taxes repelling humans with brains
Gold is tax exempt, that's what people buy domestically
They order silver from EU dealers who flaunt tax laws to avoid VAT

>> No.17883163

>>17879692
They buy silver contracts on the comex and then dump them to keep the price low. No physical metal ever actually moves.

>> No.17883446

>>17882064
Well someone was buying it, its all out of stock.

>> No.17883549

>>17876663
I am Canadian and spot price is $18 down for $23 a year ago but the dealers online are selling at high prices still. Do not they have to sell at spot price. Also 30 business day wait due to lots of people buying. Why does it just continue to crash. I thought more demand less supply means price go up?

>> No.17884561

What is better? 1oz silver bars closest to spot price or branded 1oz coins for which there is more of a premium? Thanks.

>> No.17885150

>>17884561
I went with bars. I couldn't justify the premium of coins.

>> No.17885263

>>17876663
anyone else here /waitingonthesupplytoreturnaftertheviruspanic/ gang?

>> No.17885329

>>17883549
I'm losing my mind with all of the premiums above spot
Shit's wack

>> No.17885377

>>17878390
Shut the fuck up idiot

>> No.17885413
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17885413

>$2.50/oz premium on the shittiest of the bars
When silver was $16+, it was a $0.20 premium.

>> No.17885530

>>17885413
Honestly I think it's cause most of these companies are trying to recoup the loss from when they bought the silver at the higher prices.

>> No.17885629

>>17885530
How long until it filters out?

>> No.17885691

>>17885629
Depends on how fast everyone starts buying
Once they get new inventory in, they may knock the premiums down. With the shortages, who knows.

>> No.17885692
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17885692

>>17885413
>$2.50/cm^2 premium on the shittiest of rolls
When toilet paper was $16+, it was a $0.20 premium.

>> No.17885705

>>17885629
Not. Silver speculators are now in hoarding mode. Public hasn't even touched it yet. Price will already be 5x when they figure out. And on the cusp of absolute bankruptcy complacency will kill them.

>> No.17885840

>>17885413
Brainlet here why is this bar considered the shittiest

>> No.17886058
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17886058

>>17885840
It's the Pinto of bars due to how ugly and common it is.

>> No.17886311
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17886311

Silver and Gold bullion. Hold BTC and DeFi-focused Altcoin, Ethereum and Algorand to prosper during a financial recession

>> No.17886403
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17886403

All I have is this coin my grandfather gave me. Probably worth at least $50 though, right?

>> No.17887144

>>17877449
Comex manipulation totally controls the paper price.

Asking questions about this is anti semitic