Precious Metals General /PMG/

[Anonymous No.18630927]

FIGHT THE (((JEW)))LERS EDITION
BUY WEDDING BANDS 4 CHEAP
www.jamesallen.com/wedding-rings/mens-classic/?MetalType=y&OrderBy=Price+asc
--
https://www.apmex.com/
https://www.boldpreciousmetals.com/
https://www.bgasc.com/
https://www.gainesvillecoins.com/
https://www.jmbullion.com/
https://www.providentmetals.com/
https://www.silvertowne.com/
https://sdbullion.com/
https://schiffgold.com/
https://goldsilver.com/
https://pinehurstcoins.com/
https://www.sprottmoney.com/
https://www.moneymetals.com/
https://monumentmetals.com/
https://www.goldenstatemint.com/
https://goldsilver.be/en/
https://www.muenze-berlin.de/
https://www.hollandgold.nl/
https://www.europesilverbullion.com/
https://www.celticgold.eu/en/
https://www.muenzeoesterreich.at/eng/

>Compare
https://findbullionprices.com/

>News
https://www.kitco.com/
http://silverseek.com/
https://www.mining.com/

>Bullion tax info by state:
https://www.apmex.com/state-sales-tax-information

>Prospecting
https://www.youtube.com/watch?v=ZCL6FKQZyoM [Embed]
https://www.usgs.gov/energy-and-minerals/mineral-resources-program/science
https://www2.gov.bc.ca/assets/gov/farming-natural-resources-and-industry/mineral-exploration-mining/documents/mineral-titles/mt-faqs/faq_fmc.pdf
https://www.mndm.gov.on.ca/en/mines-and-minerals/mining-act
https://www.amazon.ca/Gold-Creeks-Ghostowns-British-Columbia/dp/088839988X

>Test
Nitric Acid
https://www.youtube.com/watch?v=3mg9YcAShTo [Embed]
Magnets, how do they work?
https://www.youtube.com/watch?v=NgSXg-WOEVY [Embed]

>YouTube/Podcasts
https://www.youtube.com/user/silverguru David Morgan
https://www.youtube.com/user/SprottGlobal
https://www.youtube.com/user/KitcoNews
https://www.youtube.com/channel/UCqmToXM7x2tD7-2rs0KvObA Silver Bullion TV
https://www.youtube.com/channel/UCXPvtSNFvh9FJrwN02crJ_A money metals exchange podcast
https://www.youtube.com/user/whygoldandsilver mike maloney's channel
https://www.youtube.com/channel/UClzSFvylrK8ij3KVwrHzjdA As Good As Gold Australia

[Anonymous No.18630991]

First for batcoin

[Anonymous No.18631008]

>>18630927
fuck should i just eat shit and get 1 oz of gold for the current price or sit and pray to god it drops

[Anonymous No.18631051]

>>18631008
i ate shit 3 weeks ago to buy a buffalo and it worked out

[Anonymous No.18631061]

>post yfw gold hits $10,000 an ounce

[Anonymous No.18631186]

>>18631061
Nice peter ya got anon

[Anonymous No.18631260]

>>18630927
What's some good gold coins to get in Sweden?

[Anonymous No.18631505]

>>18631008
If you don't want to eat the premiums (which are normally around 3-4% on gold coins) you can buy gold stocks to get some exposure to gold mooning.

[Anonymous No.18631524]

>>18630410
That's fucking crazy if true.
Is there a way to extract the 40% out of these coins or are they just an alloy?

[Anonymous No.18631533]

>>18631061

[Anonymous No.18631534]

WHAT HAPPENED TO LARRY REEEEEEEEEEEE

[Anonymous No.18631553]

>>18631524
You can but I think it's illegal to melt down legal US tender so no refiner will do it. You need to sell it at a coin shop or to a collector.

[Anonymous No.18631579]

>>18631008
buy bitcoin and then pay in bitcoin to get about $100 dollars off right off the bat

[Anonymous No.18631613]

>>18631534
the jews got him

[Anonymous No.18631684]

Between Newmont and Barrick, which is the better investment? Barrick has a smaller P/E but Newmont has more cash/share.

GDXJ has been very kind to me the last month.

[Anonymous No.18631759]

>>18631534
Dude probably made a fortune off all of us.

[PAN MAN No.18632097]

>>18631061

[PAN MAN No.18632139]

>>18631684
both have excellent properties holding them up, I would go with Barrick, they have a lot more exploration projects on the go at the moment and have solid investments in smaller companies all over the place.

[Anonymous No.18632193]

I work in the gold industry with miners, refineries and traders, AMA

[OP is a faggot No.18632221]

>>18630927
Silver is a waste of money.

Change my mind.

[Anonymous No.18632252]

>>18632193
what stonks to buy

[Anonymous No.18632281]

>>18632193
When is good going to 5 digits

[Anonymous No.18632340]

>>18630927
Best price for quantity of metal is mene. They sell 24k gold and platinum. Price is variable based on spot price and they are upfront about their premium.

$5 off with my code: mene.com/invite/EblUVx

[Anonymous No.18632403]

>>18632340
Shill

[Anonymous No.18632437]

>>18631684
Get both

[Anonymous No.18632454]

>>18632340
bruh them premiums are insane.
but i'd buy

[Anonymous No.18632488]

>>18632193
My only concern is if the gold price goes too high we'll get flooded from the big boys on the supply side, have you got any data or insights on this?

For example a mine Ive worked at has 100's of millions of tons of low grade mineralised waste that would all of a sudden be mineable into gold if the gold price went high enough, we've even got like 15 years worth of old waste dumps that have gold in them and could be dug up again.

The good news is though, big open pit cutbacks take like 1 or 2 years to strip the waste and gold mills can only process the ore at the rate they were designed for, again it would probably take a year to upgrade/build a second mill and associated infrastructure, so there would be some lag time between price increase and supply increase.

The other good news is while there are a few massive deposits with 50+ year life of mine, there's also quite a few open pits that will be finished in 10 years max, we're talking about billions of ounces being removed from the global supply, most new major deposits I've seen are now deep underground which are very complex to develop and aren't as easy to match open pit production rates. Plus all these mills are gonna be getting quite old in 10 years and will require major refurbishments which will take money and time.

[Anonymous No.18632678]

Just had my first ever metals purchase delivered. 1oz gold, 100oz silver. How'd I do biz?

[Anonymous No.18632871]

>>18632678
Double/triple it for basic stack. 5-10x for make it stack. 20-50x for blowjob king stack. 50-100x for blowjob emperor stack

[Anonymous No.18632924]

>>18632678
How thick is the silver? For 100 oz I’m surprised it doesn’t look like a dinner plate or platter

[Anonymous No.18632977]

>>18632678
nice ratio

[Anonymous No.18633003]

>>18631524
you can do it using chemistry. not worth the price until you have a lot of weight

[Anonymous No.18633220]

>>18632871
Wouldn't mind a 100oz silver bar, hard to find for a decent price though. Perth Mint is only making coins atm.
>>18632924
I have 100 of the silver coins in tubes
>>18632977
Cheers mate

[Anonymous No.18633265]

Where's a good place for silver bars ausbros? They're either sold out or have ridiculous premiums.

[Anonymous No.18633303]

>>18632678
Damn that silver roo is a beauty. I'll stick with ASE's though.

[Anonymous No.18633333]

>boomer market general

[Anonymous No.18633402]

>>18632221
m o o n

[Anonymous No.18633406]

just copped 10oz silver and 1oz gold based

[Anonymous No.18633538]

>>18633333
Boomers invest in stocks and bonds faggot

[Anonymous No.18633656]

Newfag here. Can someone offer a quick explanation of why Silver is at approx $15 and even the "random" 1oz coins are going for basically $20?

I get it that premiums are a thing, but even the "randomized bars" are going for $20 or over, which you'd assume have less production costs and collectable value?

[Anonymous No.18633658]

>>18633220
perths doing kilo bars breh
no delivery date and payment in 4 days though
running around 25aus/to

[PAN MAN No.18633711]

>>18633656
because more people are buying physical right now, so prices are higher, fairly simple.

[Anonymous No.18633725]

>>18633656
The quarantines have impacted supply chains. Right before the pandemic silver crashed hard, stores were bought out, then the supply side issues took place.

[Anonymous No.18633763]

>>18633656
Silver price is what you pay for it. Spot price is for 1000oz bars when you buy it in metric tons.

[Anonymous No.18633833]

>>18633711
>>18633725
>>18633763

Thanks for the answers. I dunno about dumping into any metals at the moment with some of the premiums being as high as they are. I don't enjoy holding all the fiat I have at the moment though and mostly cashed out of the market before it crashed.

[Anonymous No.18633870]

>>18633833
If serious inflation starts the cash devalues and you lose buying power. Alot of us invest in PMs for this reason. I buy silver and look at it as a physical savings account so to speak

[PAN MAN No.18633914]

>>18633870
yes i think of my stock pile of bullion as a physical savings account as well. I just have to dig a hole once in a while to withdraw or deposit from it.

[Anonymous No.18633941]

>>18632252
Depends on your investment objective. Unironically, airliner stocks are on sale right now.
>>18632281
Trade it in IDR and become an instant millionaire.
>>18632488
>checked
I try to avoid thinking of the Gold Price as high - rather that dollars aren't worth much. In my eyes, Gold is always Gold, and it's the value of money that fluctuates. That said, right now the Perth Mint, for example, as more orders for gold kilobars than they have mine product to process, out by like 20 ton of backorders - that's just whispers on the grapevine though.
Right now there's an abitrage opportunity in NYC's COMEX so every bank in the world is trying to get metal in there. I work with mines and refineries every day and they are constantly producing so I think there's enough demand so that you don't need to worry too much about the supply increasing too fast.

[Anonymous No.18633963]

>>18633538
>>18633333
boomers invest in 401k and index funds
gold and silver are the investments of Kings

[Anonymous No.18633988]

>>18633656
Spot price is mythical. Actual price is what you can convince your customer to pay for it. Remember, real metal means other costs, not just mining and refining. There's transport, insurance, assaying, certification, storage/vaulting, security. There's a lot that goes into it. Generally speaking, you'll be looking to pay spot price plus transport and storage, represented by the "premium".

[Anonymous No.18634005]

>>18631061

[Anonymous No.18634059]

>>18631061
That means the dollar has become worthless so pic related

[Anonymous No.18634072]

>>18631553
Ah yeah, defacing. What if there's some paperwork that lets me smelt these coins for silver if I tell the gubment how much I got, what exactly I got, and then promise to trade it in for silver prices the banks or the other silver companies? You think that's a thing?
If these coins can still circulate at face value, and banks ae allowed to purchase them for the collective value, then surely there's a contract out there?

[Anonymous No.18634074]

>>18633656
Comex price does not reflect the physical price. There are 100x more paper contracts than there are physical oz's above ground.

[Anonymous No.18634085]

>>18633658
Cheers, got a link? This says sold out.
http://www.perthmintbullion.com/au/Buy-Silver-Bars/1kg-Cast.aspx?productId=50

[Anonymous No.18634174]

>>18634059
Is gold really becoming harder to find?

[Anonymous No.18634232]

>>18632678
external and validation pilled

[Anonymous No.18634236]

>>18634174
It has dried up at my local coin shop. I used to be able to just show up and count on at least 5oz. at the shop. Now I have to call for a couple days and hope to catch him when he has one. Premiums used to be $30-70/oz, now it's $180-200

[Anonymous No.18634297]

>>18633656
everyone is panic buying so sellers can charge higher because people are willing to pay it

[PAN MAN No.18634304]

>>18634174
in the retail market, yes the general public has bought up most of the physical gold avalible at the moment.

On the mining / exploration side of things, we know where there are vast amounts of gold, silver, copper but its getting harder to reach them and the operations to extract them are becoming massive cash sinks for corporations. The average gold mine to day takes 10 years to develop and an average of $50-100 million to begin actual mining.

[Anonymous No.18634429]

>>18631061
>I sold three oz of Gold back when $1,500 was an all time high in years
>I sold three oz and lost it all on Bitcoin by buying BTC at $12,000
>I work 60 a week as an "essential worker" but I only bring in $650 a week
>Gold is set to skyrocket
>Mfw I will forever be a poor fag

[Anonymous No.18634477]

>>18634174
Depends where and when you're looking. If you go looking for gold in a bullion shop in March of 2020, then you'll find nothing. If you go looking for gold in COMEX vault, it'll be very easy.
If you're talking about finding new mines, then that has never been easy. If you assume that there is a finite amount of gold in the world, then every time someone strikes gold it's one less opportunity for everyone else.
That said, I've heard that some Near Earth Asteroids have enough rare earth and precious metal content to permanently resolve any supply concerns for hundreds of years. Depends when and where you look.

[Anonymous No.18634557]

>>18634429
>sell low
>buy high
>wagie forever
A seasoned /biz/ veteran, I see

[Anonymous No.18634608]

is the global economy going to survive until september?
my NEETbux are running out

[Anonymous No.18634610]

Should I buy silver or gold right now? Silver seems pretty low

[Anonymous No.18634637]

>>18634610
Gold has been consistently better so probably be more weighted torward it, but I'd say to have both,

[Anonymous No.18634644]

>140 oz 2020 ASE
>2 Scottsdale 10 oz bars
>1 Scottsdale 5 oz bar
>1 Batboi

Have $1500 left. What do I buy? Silver jumped like 50 cents from last night. Also am I gonna make it? Will I at least be comfy middle class?

[Anonymous No.18634662]

[Anonymous No.18634699]

>>18634644
see if you can find some philharmonics

[Anonymous No.18634708]

>>18634637
Gold looks like it's almost the highest it's been in 10 years, won't it go back down to even out?

[Anonymous No.18634710]

>>18630991
yeh yeh yeh
when is the mint fucking shipping my shit? Reeeeeee my batbois have been sitting at "processing" for a week

[Anonymous No.18634730]

>>18634708
Gold doesn't change in value, fiat changes in value. The dollar devalues against gold, not the other way around. Look at the gold price since 1960.

[Anonymous No.18634745]

>>18634699
What Pholharmonics om particular? Why no kangaroos or krugerrands or something?

[Anonymous No.18634754]

>>18634745
they usually have the lowest premiums. just get whatever has the lowest premiums. "recognition" is a meme

[Anonymous No.18634807]

>>18634708
Eventually, but gold's in a good spot right now. It could realistically be driven much higher than where it's at. It historically performs well in this volatile environment, and that's going to stick around for some time. I wouldn't be surprised if there was another leg down in equities that drives it higher. In any case, the risk:reward is strong in both.

[Anonymous No.18634901]

>Current events inspire me to do an audit of my holdings of PMs
>Have hundreds more ounces than I realized and there is a shitload more in my grandfather's old junk box that i haven't even touched for sentimental reasons

i'm legitimately skilled at keeping track of numbers and finances i don't know how this happened

[Anonymous No.18634924]

>>18631061

[Anonymous No.18634937]

Is this worth it?

https://www.jmbullion.com/1-oz-silver-coin-varied-condition-mint/

"Varied condition"

I can get 60 oz

[Anonymous No.18634988]

>>18631524
There's really no point in trying to melt down US issued 'constitution silver' like that. In fact, some people prefer it to generic bullion because there isn't very much silver per coin (making it easier to transact day to day business) and because old US coins are recognized as a legit store of PM. Everyone knows that 14 dimes from 1961 adds up to 1 oz of silver, but how do I know that somebody's meme coin that says 1oz fine silver is real? Of course there are methods to positively ID them as the real deal, but normies go for US Mint brand recognition

[Anonymous No.18635181]

>>18633658
>>18633220
>>18633658
>>18633941

Perth Mint is delivering both gold and silver, pic related ordered 2 weeks ago. Only selling 1oz silver roos from now on. They are jewing us by not offering anything with lower premium (though $4aud over spot is better than any other 1oz coin right now), I think it is a marketing decision as they will be the only mint in the world delivering physical sovereign mint silver coins at pre-covid premiums. The bars are still priced at only $1oz over spot, I took delivery of ones I bought during dip but cant order anymore. I am guessing they cant afford to mass produce big silver bars without raising premium.

It says out of stock for Silver roos, but if you ring up, already have an account you can make a large order. They cant handle the dispatching of millions of small orders, any large buyer such as most bullion stores in AUS have Silver 2020 Roos right now. In about a month time when the shipping containers arrive
Every single bullion shop in the world will have 1oz silver and gold roos at the lowest premium.
I just wish the silver roos were not so ugly. There as so many aesthetic perth mint silver coins but the roos look terrible.

>Everyone in this thread will own a stack of kangaroos by EOY

[Anonymous No.18635466]

>>18634937
>https://www.jmbullion.com/1-oz-silver-coin-varied-condition-mint/
i mean if u want rounds u can but there if you just want to stack ounces there are cheaper options.

[Anonymous No.18635482]

>>18635466
Those are mint coins thought. Not rounds

[Anonymous No.18635517]

>>18635482
ye you right, my bad.

[Anonymous No.18635821]

>>18634937
Those will be sold out within a day I imagine. But also something to note every morning around 9am EST, check the In Stock section of JM they have been getting stuff in but it sells out within a day. The only stuff that's stayed in stock is that silvertowne stuff.

[Anonymous No.18635844]

>>18635466
>there are cheaper options
Not really at the moment. Even the generics start at 19.44/oz on JM right now.

[Anonymous No.18636166]

>>18635844
i think he means from places other than jmbullion

[Anonymous No.18636227]

>>18632340
Fuck Mene
>Best price for quantity of metal is mene
thats a bullshit lie

[Anonymous No.18636279]

>>18636166
I'd like to know where and what rounds myself desu. I get the As Low as price from JM for vets so they're the best bet for me

[Anonymous No.18636343]

>>18636279
monument metals beats jm pricing

[Anonymous No.18636388]

>>18636343
Do they do free shipping? I doubt itll still be cheaper for me than JM with my As Low As discount

[Anonymous No.18636413]

>>18631061
>>post yfw gold hits $10,000 an ounce

[Anonymous No.18636451]

the "2018 1 oz Niue Silver Mickey Mouse 90th Anniversary Coin (BU)" for $20.62, should I buy? It's not cased

[Anonymous No.18636633]

>>18636451
>Go to ebay
>Search for target silver coin in sold items
>Subtract that sell price from the buy price of the one you looked for
>Divide it by weight
> You got your spread per ounce
>Do this for many silver coins
>Choose one where this is low
>If you are from the US the winner will be pre 1964 US junk silver bags and 1 Oz Silver eagles

also fuck Disney

[Anonymous No.18636653]

>>18635517
Got moar from this godess?

[Anonymous No.18636827]

>>18634429
You sold real gold coins for make believe coins....

[Anonymous No.18637020]

This is the 1964 silver Kennedy half dollar, eh makes fiat banksters and cryptards seethe and doesn't afraid of anything. Say something nice about him.

[Anonymous No.18637207]

Will silver dip a dollar or so anytime soon? I want to buy more

[Anonymous No.18637303]

>>18634988
Wanting silver recognizable by normies implies you want to trade with normies using it in the future.
This is a big nope. Imagine buying stuff using silver from a normie, who will tell his thousand Facebook and IRL frens that you have it. Be ready to get many visits from people wanting their silver pieces soon; being long lead will buy you some time, but you will be overrun.

[Anonymous No.18637390]

>>18637020
i like franklin alves better

[Anonymous No.18637490]

>>18631061

[Anonymous No.18637555]

>>18637020
i stole so many of those from my moms coin collection just to play 2 (two) games of street fighter 2 (two)
kek

[Anonymous No.18637574]

>>18631260
kooks is good no matter where you were born wrong m8