/PMG/ precious metals general

[Anonymous No.18856964]

Bullion Dealers

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 [Open] [Embed] [Embed] [Open]
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 [Open]
Magnets, how do they work?
https://www.youtube.com/watch?v=NgSXg-WOEVY [Open]

>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.18857010]

First ten ounce bar should be arriving tomorrow. The wait has been short but intense

[Anonymous No.18857042]

[Anonymous No.18857316]

>>18857010
How did you seal your coins like that

[Anonymous No.18857381]

>>18857316
They aren’t sealed. They are just the standard plastic sleeves they came in. The gorilla coin is in a tiny round capsule that clicks together.

[Anonymous No.18857505]

Silver fucking sucks. Why did I get memes into this. Shouldve just bought gold.

[Anonymous No.18857545]

>>18857505
Post stack

[Anonymous No.18857905]

Leaf fag here. Did I fuck up buying gold bullion over coins? Any tax differences or faggy regulations when I sell?

[Anonymous No.18858329]

>>18857905
Coins are bullion, you mong.

[Anonymous No.18858867]

Big silver debate going on /k/ right now. Search category for boomer rocks

[Anonymous No.18859094]

Anyone else plan to literally just accumulate forever and never sell any to spite society?

[Anonymous No.18859217]

>>18859094
That's the plan. Unless SHTF so much that it's the end of the world as we know it, I plan on just having a fat stack forever.
Also, once LINK hits $1000 per I'm selling my $10mm stack and retiring from society

[Anonymous No.18859248]

>>18856964
Despite the poverty rifle I like the OP

[Anonymous No.18859339]

Why didn't my digital gold act like physical gold when the market started to tumble? Did the moonboys lie to me?

[Anonymous No.18859460]

How'd I do bros?

[Anonymous No.18859487]

>>18859460
Near 25$ for an ASE ? That's very expensive anon

[Anonymous No.18859569]

>>18859339
>he looks at 1 day charts

[Anonymous No.18859583]

>>18856964
Question for my fellow burgers who haven't experienced any boating accidents. Is it true that we don't have to pay capital gains when selling silver/gold eagles? Heard this was the case and that selling anything else is taxable. Can any big brained PM chad speak to this?

[Anonymous No.18859737]

>>18859569

You're right. We'll need to wait for a serious economic crisis before we can tell whether BTC is truly a store of value.

[Anonymous No.18859814]

god just fucking ship it already

[Anonymous No.18859872]

>>18859487
Where have you been? They have been going for around that rate for a while now.

[Anonymous No.18859883]

Is there any real reason to go out of your way to buy gold, if, to be honest, you can't really afford it?

Seems to me gold is essentially a ripoff unless you can afford to buy 1oz coins and since I can't really I might as well just stick to silver, is this basically true?

[Anonymous No.18859896]

>>18859460
Bat boi bless.

[Anonymous No.18859945]

>>18859872
You can find aussie kangaroos, austrians philarmonics or Krug for 20$. They're still very good coins

[Anonymous No.18859949]

>>18859583

From a tax law standpoint, it’s not true. Capital gains on sales of precious metals are legally subject to short- and long-term capital gains tax. Not only are they subject to capital gains tax, but because they are classified as collectibles by the IRS, the maximum long term capital gains rate (28%) is higher than for financial assets (20%).

Now, if you own American Eagle gold or silver coins, sales of any amount of those are exempt from 1099 reporting. So the IRS will not know that you sold them. This does not exempt you from reporting or paying the tax, however.

If you sell more than 25oz of bars, rounds, or foreign coins, then the dealer is required to issue a 1099 and report the sale to the IRS. Which makes avoiding the tax basically impossible.

Tax rules related to bullion and jewelry are complicated, but that’s kind of the basics of it.

[Anonymous No.18859976]

>>18859949
what about Canada with maple leaf coins?

[Anonymous No.18859985]

>>18859949
>If you sell more than 25oz of bars, rounds, or foreign coins, then the dealer is required to issue a 1099 and report the sale to the IRS. Which makes avoiding the tax basically impossible.

Sell 24oz?

[Anonymous No.18860029]

thinking about getting 1 ounces and perhaps bat boi if it dips in price some

[Anonymous No.18860057]

>>18859949
this is why I have a dealer who doesn't report

[Anonymous No.18860121]

>>18859883
I started stacking recently, got into a few ounces of gold just to have a diverse base. In terms of weight, I am far more invested in silver 30:1.
If you cannot buy gold, buy silver. Right now the gold to silver ratio is high as fuck. A theory is that when you buy silver, you are getting a discounted pathway to gold when things return to their natural mean (10:1 to 20:1).
Again do your research anon.

[Anonymous No.18860197]

>>18858867
I miss libertarian /k/. Board is unrecognizable past 2015ish.

[Anonymous No.18860307]

>>18859460
That's a nice Platboi. Might diversify a bit next month and get an oz but don't know shit about the market.

[Anonymous No.18860416]

>>18860197
Lot of left leaning thought police on there lately.

[Anonymous No.18860448]

>>18859976

I know nothing about Canadian tax law

[Anonymous No.18860536]

>>18859976
>>18860448
the short and skinny:
>Sales tax-exempt when buying and selling
>any 'profit' over 1000$ when selling is subject to capital gains
>things get fucked when PMs are part of a will or inheritance (so keep it off the books)

[Anonymous No.18860556]

>>18858867
kek >>>/k/44905528

[Anonymous No.18860647]

>>18860536
Yeah just checked. Also sales tax is only exempt if purity is .999 or higher for bars, rounds, coins etc.

[Anonymous No.18860849]

>>18859985

A sale of 24oz would not be reported on a 1099. But, again, that doesn’t exempt you from the tax liability. It just means the dealer has no legal obligation to report the transactions.

Also if you repeatedly sell 24oz to the same dealer, that would be “Structuring” he would have an obligation to report.

[Anonymous No.18860852]

I am new to Silver, but decided I am going to buy silver bars. What size is best?
1oz, 5oz, or 10oz and why?

[Anonymous No.18860902]

>>18860852
I'd go with 1oz. Smaller bars are harder to fake and easier to liquidate.

[Anonymous No.18860943]

>>18859094
Man I love your stack fellow aus bro. What are the coin stacks mostly of, roos?

[Anonymous No.18861020]

is there a best way to store silver? I know gold is not very reactive but silver can tarnish over time what steps should be taken to preserve its appearance

[Anonymous No.18861048]

>>18860852
Look into monarch precious metals. They were all stocked up this weekend and their one and 2 ounce bars are amazing

[Anonymous No.18861062]

>>18860943
Mostly maples and brittanias, some roos and Morgan dollars and American silver eagles too though. I literally just buy everything and anything I can afford every month regardless of what the price is doing

[Anonymous No.18861114]

>>18860902
Why wouldnt you recommend a 100oz bar of silver

[Anonymous No.18861132]

>>18860902
Thanks, just ordered 50

[Anonymous No.18862193]

>>18859094
Same here. I won't sell even if I'm starving. I'd rather wait in a bread line or some shit. My plan is to accumulate 300 Austrian 1 ducats. When I die, I will pass it onto my children who will also accumulate until my family turns into a veritable Medici bank of the post-fiat era.

[Anonymous No.18862211]

What are your opinions on 'junk' silver? Thinking of getting a few rolls of war nickels for a decent price.

[Anonymous No.18862236]

>>18859872
I bought ASE at $20 when silver was around 17. There's no fucking way I'd pay 25 for ASE right now. I'd rather buy silver krugs for 20.

[Anonymous No.18862257]

>>18862236
This

[Anonymous No.18862312]

>>18862211
I like 90% junk silver, but war nickels rub me the wrong way. In a reset scenario I wouldnt even accept them unless I was desperate.

[Anonymous No.18862377]

Has anyone ever found pre-64 quarters or dimes in their everyday change? I’ve been autistically scanning my change for months and haven’t found a single piece of silver

[Anonymous No.18862476]

>>18862312
I mean they're 'face value' in the sense that it's 1/20oz of silver. If we're to believe that 1toz should be $1.

[Anonymous No.18862498]

>>18862377
no
most of it was taken out of circulation decades ago

[Anonymous No.18862613]

>>18862377
People have been sifting change for them since 1965, the chances of finding them in the wild now are astronomical

[Anonymous No.18862712]

>stonks tanking
>so is silver
What the fuck bros silver is under $15 now, I'm never gonna make back the money I invested in this boomer shit over the last month at the prices I paid for it. Should have just stacked dollars or held that money in the bank. And yes I do own a batboi, I feel like you fuckers memed me into stupid financial decisions.

[Anonymous No.18862813]

>>18862712
You fomo'd in during a panic you retard, you should've been stacking a long time ago. It's also not a speculative investment like your retarded shitcoins where you check the price every day, it's a hedge against inflation that you price average into long term. Maybe you should stay off /biz/ if you're that impulsive and impressionable

[Anonymous No.18862875]

>>18862712

Why would you pay a 100% premium on silver coins rather than just buy the GDX or GDXJ mining indexes, where you would already have doubled your money since the lows? Or rather than buy silver with only a 0.50% premium on GoldMoney or BullionVault? When silver crashed 50% after 2008, it didn't even recover to its previous price for two whole years. Now is not the time to be paying high premiums on silver coins. There isn't a silver shortage, there's simply a silver coin shortage. Don't waste any more of your money.

[Anonymous No.18862912]

>>18862875
Where did the 100% premium meme come from? It's like 20% for silver rounds.

[PAN MAN No.18863014]

>>18856964
Want to learn about your regions mineral wealth, how to claim it and access it? Ask here and I ll give you a quick answer with some places to investigate.

Handy Links

How to gold pan
https://www.youtube.com/watch?v=ZCL6FKQZyoM [Embed]

How to read a river
https://www.youtube.com/watch?v=axOgdmI3o3g [Embed]

How to stake a claim
https://www2.gov.bc.ca/assets/gov/farming-natural-resources-and-industry/mineral-exploration-mining/documents/mineral-titles/mt-faqs/faq_mtclaims.pdf
https://www.blm.gov/programs/energy-and-minerals/mining-and-minerals/locatable-minerals/mining-claims/staking-a-claim

Basic tools
> gold pan, shovel / pick, sniffer bottle, hand lens, pry bar, sledge hammer, 10 gallon buckets

Literature on prospecting
>The Guide to Gold Panning In British Columbia by Barlee, N. L.
>Gold Panning the Pacific Northwest: A Guide to the Area’s Best Sites for Gold

[Anonymous No.18863042]

>>18856964

The "people" at UPS are holding up by Austrian Coronas. Give me my gold you brown bastards!

[Anonymous No.18863050]

>>18862912

In Britain it's over 100%. You pay £30 for a silver Britannia on eBay.

[Anonymous No.18863059]

>>18863014
Fuck my wife pan man

[Anonymous No.18863068]

>>18862613
Last I figured it was over 1:10,000 to find a silver quarter. Odds are slightly better for dimes

[Anonymous No.18863092]

>>18857505
I think the best approach is to buy both. Make your next purchase gold and you'll be fine.

[PAN MAN No.18863152]

>>18863059
is she cute?

[Anonymous No.18863164]

>>18863050
Shit, that's nuts. Brittanias are $20 in the states like most other foreign coins (krugs, leafs).

[Anonymous No.18863205]

>>18863152
Big butt

[PAN MAN No.18863225]

>>18863205
hmmmm

[Anonymous No.18863437]

>>18859094
You can’t even afford a table! Clean your floor!

[Anonymous No.18863506]

>>18859949
The IRS is a criminal organization, why would I tell them shit?

[Anonymous No.18863583]

>>18862377
Got lucky once and found a pre 65 rosie at a coinstar but besides that never found one in the wild.

[Anonymous No.18863800]

>>18863225
Take the offer and give her the ol sluicebox.

[Anonymous No.18863821]

>Most people have anime guarding their stack
>I have Angry Saddam guarding mine
I miss Bloody Saddam

[PAN MAN No.18863836]

>>18863800
>giver the old sluicebox

Stealing this

[Anonymous No.18863922]

Waiting for my 2020 P Australia Gold Kangaroo - 1/10 oz - $15 - BU to be delivered today.

[Anonymous No.18863979]

>>18862813
>>18862875
Oh well, at least I've got around 40 ounces and enough dimes for over 100 blowjobs. But yeah, I'm done for a while with stacking shiny shit.

[Anonymous No.18864046]

>>18862211
I only like the 90% stuff but won't at these premiums. Guy at flea market has some $10fv quarters but wanted $150usd. I passed

[Anonymous No.18864570]

Got another 10oz bar in the mail today.

[Anonymous No.18864616]

>>18864570
Have the same bar arriving today or tommorow. jM?

[Anonymous No.18864646]

>>18863014
You don't hold any LINK, you will work for me one day, and you will taste my penis.

[Anonymous No.18864666]

>>18864616
yessir, been wanting this one for a while.

[PAN MAN No.18864776]

whats everyone up to today? I am still stuck here borred to shit waiting for roads to melt. Might try some at home assaying if the furnace works.

[Anonymous No.18864794]

Trumpbucks purchase has arrived. Should gave gotten a few 10 ozers but figure it'd be neat to own a kilo.

[Platinum Master race No.18864797]

>>18856964
Where are my platinum chads at?

[Anonymous No.18864824]

>>18864776
waiting for my rolls of leafs and comex gold bars to ship from gainesvilleholdsyourmoneyandcoins.com/longerthannecessary

[Anonymous No.18864856]

>>18864797
Trannycoin

[PAN MAN No.18864928]

>>18864797
I need to find a rare earth / platinum rhodium deposit and sell it to the US military for 20%. I would be a billionaire.

[Anonymous No.18864951]

>>18864794
Wew. Solid stack

[Anonymous No.18864980]

the only value of gold and silver is in circuitry

come the end times and who the fuck cares about shiny rock

[Anonymous No.18864998]

>>18864794
Spent half of my trumpbux on random shit and the other half for batboys. Fuck me though does that look like a solid distribution of the $1200. If we get any more 'relief' bux I know where it's going.

[Anonymous No.18865030]

>>18864980
as a means of exchanging goods and services. read a fucking book.

[Anonymous No.18865038]

>>18864794
Fuckin hell

[Anonymous No.18865082]

>>18864980
>come the end times
What is with the preoccupation with hyper specific mad max scenarios to attempt to criticize PMs? There doesn't need to be an end times scenario for owning gold to be a good idea.

[Anonymous No.18865090]

>>18864998
I also bought my mom a mothers day gift with the remaining trumpbucks. Proof ASE from my birth year. The old purple cases the mint used to use are K I N O.

[Anonymous No.18865112]

>>18865090
>>18864998
Ooops forgot pic

[Platinum Master race No.18865133]

>>18864856
yeah yeah i know i wrote a bad review for it on apmex but i want all different plat coins for my collection. I got a lion on the way

[Anonymous No.18865277]

>>18865082
This. I don't know why people get so triggered by owning shiny rocks. No one's saying dump 100% of your money into this and only this, and no one's claiming it's some ridiculous get rich quick scheme. It's just a safe method of value storage.

[PAN MAN No.18865305]

>>18865277
yes I agree completely, I do not suggest anyone dump all their money into PMs. PMs help stave off crisis and act like a physical savings account, they are not an instant get rich quick scheme.

[Anonymous No.18865357]

>>18865277
I think I saw a belangp vid where ~50% stocks/gold had the least volatility and best annualized return over 10+ year periods. People really underestimate gold as an investment vehicle during non-SHTF scenarios just because it is volatile in the short to mid term. Someone please post it if they know the one I am referring to.

[Anonymous No.18866470]

>>18864998
Theres no way were getting more Trumpbux. Ri-right frens???

[Anonymous No.18866528]

>>18866470
Depends on how bad they think we're doing. They want to bleed us, but they don't want us to die, and they want us to look the other way while they genocide small/medium businesses.

[Anonymous No.18866674]

>>18866470
I'd bet money there will be another payout sometime this year. A second wave of closures is almost guaranteed based on how every other country has "progressed."

[Anonymous No.18867119]

>>18866470
there will be. when its the middle of the summer and people don't have enough money to keep the AC on because they're out of a job, government will have to gibz or there will be riots.
I also expect a third check to come around November because Trump will want to try to "buy" votes for his re-election

[Anonymous No.18867133]

Wait so American Gold Eagles weight 1 Oz, but contain only .9166 Oz of gold?

WTF kind of scam is this.

[Anonymous No.18867154]

My order from Scottsdale finally came in! Added a cool 45ozt to the stack

[Anonymous No.18867226]

>>18867133
They contain 1 oz of gold and weigh more than 1 oz.

[Anonymous No.18867355]

>>18867133
It weighs 1.091 oz and contains 1 oz of gold

Also you are a pleb unable to do internet search

[Anonymous No.18867483]

>>18867133
Kek

[Anonymous No.18867496]

>>18867226
>>18867355
Monument Metals spec sheet bamboozled me.

[Anonymous No.18867731]

I've been stacking for a few years now. Still waiting on 30 ounces.

[Anonymous No.18867776]

>>18867731
That is a really nice stack. Why do you have modern paper $20's in with them?

[Anonymous No.18867777]

>>18867731
How much was that Augustus?

[Anonymous No.18867949]

>>18867776
That's just my emergency fund.
>>18867777
$329.99

[Anonymous No.18867971]

>>18867731
What do you do for a living?

[Anonymous No.18868162]

Nothing quite like the feel of a nice kilo bar

[Anonymous No.18868204]

>>18868162
100 toz just delivered to my house i cant wait to leave to office and open the package. My fiance thought it was a bomb at first cause of how heavy it felt.

[Anonymous No.18868244]

Why do these websites always want me to wire to them directly? Sounds kinda fishy

[Anonymous No.18868334]

>>18868244
They dont wanna deal with CC fees. That's why it's cheaper

[Anonymous No.18868356]

>>18862712
The price will go up, its currently being insaey manipulated if you look at the charts. We may see silver and gold drop if the stock market crahses again. If not and the markets melt up gold will moon, dragging silver, then silver moons. Either way silver costs around this amount to mine so that price cannot stay or go below this level for long.

[Anonymous No.18868362]

>>18868204
Must feel good to hold that! Then you start thinking about the 5kg bars....

[Anonymous No.18868387]

>>18868162
This stack is at an average of £13.82 per oz btw

[PAN MAN No.18868390]

I didnt find anything in my assay tests. Heres that giant gold bullet ingot from the Bullion Pit mine again to cheer me up.

[Anonymous No.18869084]

why does buying prices seem 50-100% higher then selling prices or are all these websites just scams. Maybe because i am in Scandinavia.

[Anonymous No.18869179]

>>18869084
There is a shortage of small coins and bars right now so bullion dealers are charging large premiums. It's pretty much unavoidable right now.

[Anonymous No.18869223]

I wanna buy more silver because I'm excited but I don't want to pull the trigger until my first purchase gets here

I've just about fully capitulated from the markets. It could have been worse. I pulled out of crypto in profit. I'm just about done with stocks, except for my 401k. My robinhood portfolio is down like 30% since 2018. I'm holding some options and seeing what happens but I think whether they print or go to 0, I'll be pulling out and regrouping myself while I keep grinding at work. I'm thinking of putting up to 25% of my income towards precious metals for the time being while I build a stack. I have a 5oz coin coming in the mail soon. I'm hoping I will be more financially smart when I can hold a specific amount of metal and say "it took this many hours of work to accumulate this much physical wealth." It's too easy to go all-in at the poker table with plastic chips. It's too easy to click deposit on robinhood or coinbase and watch number go up and down. The last significant amount of cash I had in my wallet was $1200 when I went to buy some junk car I intended to sell. So I'm hoping this will help me work on my behavior

[Anonymous No.18869427]

>>18869223
It is nice to see your wealth as opposed to numbers on a screen. It has made me more financially vigilant

[Anonymous No.18869455]

>>18859094
That's an impressive stack there. On a side note, everytime I've seen a timestamp the handwriting always looks like it belongs to a five-year old. Why is that? Not just this board, but literally every timestamp is just awful writing. It hurts to look at.

[Anonymous No.18869458]

>>18867971
Pizza delivery and off and on college.

[Anonymous No.18869491]

>>18869223

Crypto is going to collapse anyway. BTC is technologically broken, and, when people realize it, it will drag down the whole market with it.

[Anonymous No.18869534]

>>18869223
Everything here makes me happy for you, except 30% on Robinhood since 2018. Switch off of that and just buy blue chips, if you need to pay a comission so be it.

[Anonymous No.18869572]

>>18869223
You hit the nail on the head. The relative lack of liquidity and physical nature of precious metals makes them ideal for savings. You are much less willing to part with something you can physically hold and appraise a value for in order to but frivolous chink shit.

[Anonymous No.18869601]

>>18869572
Nail on the fucking head.

[Anonymous No.18869686]

>>18869223
Gold outperforms stocks during financial recessions. It only makes sense to "buy cheap" on stocks near the end of a recession

Corona-chan has us staring down a global recession for several years. I'd go 100% gold right now if my basement was Fort Knox.

[Anonymous No.18869812]

>>18867731
I see you're also stacking merc dimes for blow jobs in the future from formerly well to do house wifes.

[Anonymous No.18869862]

>>18869686
>Gold outperforms stocks during financial recessions.

[Anonymous No.18869915]

>>18869534
Yeah man. That was the initial plan but I kept clicking buttons and I'm down $2100. The losses aren't the worst part though. It's the fact that I spend 99% of my time watching it, and I know what I should do but I keep gambling instead. So I let it stress me out.

I have 2 options expiring soon and those will keep me staring at my phone for a little while longer. And then one more expiring in January with an earnings call coming up later this month. Basically after that earnings call I'm going to transfer the majority of what's left back to my bank account, keep grinding at work, and regroup myself

[Anonymous No.18869940]

>>18862377
Twice
One quarter and one dime in like ten years of searching
So definitely not a common find

[Anonymous No.18869952]

I have 5k to spend on miners and what not, guide me PMG

[Anonymous No.18869988]

When I go to checkout it charges me tax even though it's over 1k. If I replace it with silver coins then I don't get charged tax if over $1k. Anyone know the reason?

[Anonymous No.18870042]

is it just me or is there something magical about American Gold Eagles?

The ping test produces clear, long lasting rings and belies the powers that gold has.

In the past, when free energy was able to be used without getting gassed, the structures on top of cathedrals and pyramids was coated with a similar gold alloy, perhaps with a bit of mercury added, to conduct massive amounts of atmospheric energy down to the structure below.

This is why the jewkikes hoard gold and silver, not muh circuit boards and muh boomer rocks. The shit is fucking amazingly conductive and can pull energy out of the sky.

Imagine if you made bells out of it, the tones could probably heal cancer.

[Anonymous No.18870043]

>>18862377
Once or twice as a kid in the early 90s. When I periodically roll my coins, out of 100 pennies I will find a couple 95% copper pennies, and I keep them for the fuck of it

[Anonymous No.18870067]

>>18869988
Checked. It's the jews.

[Anonymous No.18870084]

>>18869988
Has to do with your state. Check the tax guide on JM

[Anonymous No.18870090]

>>18869952
https://youtu.be/EWXPwG5gk_E

tl;dr don't invest in hostile countries unless you like seeing your equity nationalized

[Anonymous No.18870104]

>>18870042
I got my first one today. That ping is frickin magical.

[Anonymous No.18870119]

>>18869988
JM is fucking weird and doesn't make any sense with how they charge tax. I posted this complaint a few weeks ago in this thread how if I bought a gold coin by itself, I would not get charged tax, but if I bought that same coin with other silver then the gold would have tax applied. Put simply, try to find a workaround by changing quantities/items. Alternatively try to find the same item at a different seller, like monument which doesn't charge tax.

[Anonymous No.18870155]

>>18870119
>>18869988
https://www.jmbullion.com/tax/

[Anonymous No.18870179]

>>18870155
That page doesn't not address the issue I just stated. I live in NY and bought a 1 oz gold maple without paying tax, but if I added that same gold maple to an order which included silver rounds then the maple would have tax charged, as well as the rounds.

[Anonymous No.18870223]

>>18870119
I attempted to order through JM, but between the sales tax and their site being pozzed at checkout, I went to Monumentmetals.com instead. No tax and easy checkout. I guess it depends on what you're looking for, though. I bought 50 - 1oz. silver bars.

[Anonymous No.18870237]

>>18870179
I am also in NY and am this guy.
>>18870223

[Anonymous No.18870264]

>>18870042
Yes, it resonates the sound of stars.

[Anonymous No.18870376]

>>18870223
>>18870179
Hmm...I dunno. I live in the South and only certain metals like copper and palladium are taxed in my state.

[Anonymous No.18870422]

>>18870042
You have a fever, and the only cure is more gold coins.

[Anonymous No.18870554]

>>18870237
Interesting, looks like we independently encountered an weird bug. I was going to send an email to JM but apparently something isn't working on their website and I can't. This is what I was going to send:

________________
Possible bug in how sales tax is applied in NY state:

I currently reside in New York, and a while ago I ordered a 1 oz gold maple leaf. At the time I noticed that while ordering this item by itself would apply no sales tax, if combined in the same cart with 100 x 1 oz silver rounds, both the gold and silver would have sales tax applied. This seemed strange to me at the time, since each entry independently was more than $1000, meaning neither should have sales tax applied. Forgive my ignorance on such matters, but I read https://www.jmbullion.com/tax/new-york/ and as far as I can tell this shouldn't have happened. I originally let the matter rest, but I recently talked to somebody who had a similar issue ordering a 1 kilo RCM bar, in excess of $1000, who also lives in NY state, and I am more confident this may be a bug, not an intentional design.

Please let me know whether I am on the right track or not. I am very satisfied with JM and it would be unfortunate if other customers were dissuaded because of a technical error.
______________

Sound good?

[Anonymous No.18870599]

>>18870554
>18870554
Yeah, I sent them an email yesterday, but didn't hear back

[Anonymous No.18870603]

>>18857545


>>18858329
No they're not you retard. Coins are guaranteed by the issuing government, billion is produced by private companies.

[Anonymous No.18870697]

>>18865357
I think Belang lives somewhere near me in Ohio.

[Anonymous No.18870743]

>>18857316
If you order from Silver Gold Bull they come that way I don't know about anyone else

[Anonymous No.18870793]

>>18859487
Low supply and high demand have raised all of the prices. The actual purchase price of silver will go down in the fall as the panic dies down and spot prices fall. Next year is the boom

[Anonymous No.18870880]

>>18864794
why is it all knicked up on the left edge?

[Anonymous No.18870908]

>>18869223
nice blogpoast, how'd you get so rekt in stocks, was it the options trading?

[Anonymous No.18870909]

I know you are focused on the physical aspect of PMs, but I'm wondering what the thoughts are on the attached. Basically an ETR.. backed by the Canadian Mint (i.e. an arm of the government)

I am a pessimist (realist?) like manyof you, but I don't forsee a *total* government collapse. I want to have about 25% of my investments in PM, but I only want to keep perhaps a couple of thousand in small coins in my home for an emergency situation.

I just bought about 2K of gold and am potentially going to go for more, + silver

[Anonymous No.18870943]

>>18870909

Sign up for GoldMoney or BullionVault, or buy the GDX or GDXJ.

[Anonymous No.18871024]

>>18870422
Checked

[Anonymous No.18871034]

>>18869223
>have a 5oz coin coming in the mail soon.
Fucking batboi, right faggot??

[Anonymous No.18871231]

>>18869952
Unironically look at Peter Schiff's gold fund, I'm not sure what % is in miners vs physical, but I'd imagine they'd be better at picking miners than us.

[Anonymous No.18871252]

My stack so far. Average cost is real bad cuz of the batbois and proofs (also wish I shopped around for the 20 peso gold) but it was all a learning experience. A bit smarter and more patient now. I'm still torn on whether or not numismatic value is worth chasing. I like collecting cool shit but idk if I should be crossing over that habit into investing in PMs.

$124 for the big batboi
$70 for the small batboi
$885 for the 20 peso piece
$522 for the 29oz of monarch pours
$35/ea for the 2019 libertad proofs

Currently holding cash waiting for the next dip to buy cuz I think we'll see PMs calm way down but maybe I'm a dumbass and I should just keep accumulating (cheapest I've seen recently is ~$18/oz).

[Anonymous No.18871275]

>>18856964
I have thirty five thousand dollars of crypto and one ounce of silver

[Anonymous No.18871375]

>>18871252
I love your monarchs

[Anonymous No.18871389]

>>18871252
Spend your stimulus on PM and it will bring your total stack cost down. Nothing wrong with buying a numismatic here and there for fun, but for me personally since I'm still new to PM stacking, I avoid it since it's intricate and alot to learn

[Anonymous No.18871390]

>>18871275
they're soon going to be worth the same ammount

[Anonymous No.18871457]

>>18871390
>BTC trading at $14.79

[Anonymous No.18871463]

[Anonymous No.18871522]

>>18871375
Tyty, theyre back in stock on the monarch site. Price is pretty reasonable. Keep in mind they charge ~$10 for shipping.

>>18871389
It's in my bank account already but the problem is I have bad taste lol. I want a plat coin ($900) or to stack 45oz of silver coins (~$22 per coin). Or I could do the "smart" thing and just cop some silver pours for ~$18/oz.

[Anonymous No.18871526]

>>18870909
Fellow Leaf here. Pic related is why betting on Canada making it out without significant damage is delusional.
If you are going to use an ETR to gain a fast and cheap onramp to physical gold, go for it (and report back as I see they have a silver service as well). If you cannot slam the piece of paper on the table and get a bar at a good premium, just flush your money down the drain. I teat paper gold as no gold in these times.


And for anyone on the fence about Platinum. ourguy Mike has a vid on it:
https://youtu.be/ju8e7GEwELs
https://goldsilver.com/blog/why-dont-you-sell-platinum-and-palladium-read-this-before-you-buy-an-ounce-of-those-metals/

essentially
>Plat is an investment but not money
>When you buy a plat you are investing on industrial output
>Invest when the industry is in the shits (soon)
>sell when things ride high or hold for long term.
Ill be looking to buy after shtf

[Anonymous No.18871747]

>>18871522
I bought a kilo bar and 1/4oz gold eagle. Feel pretty good about it

[Anonymous No.18871775]

>>18870880
I dunno. There's little scratches and imperfections on it, guessing from storage or from the mint.

[Anonymous No.18871921]

>>18857505
agreed. Silver is an industrial metal too many technologies rely on, they'll never stop printing paper to keep the cost down and accessible for manufacturers. only dumbass bag holders are shilling silver. in b4 muh JP Morgan 6 gorrilion ounces.. those fucks are just speculating on future markets and also don't know shit. Gold and bullets is where it's at.

[Anonymous No.18871956]

>>18856964
Heads up my niggers, JM bullion has 1 kilo rcm silver bars in stock at about 18/oz

https://www.jmbullion.com/1-kilo-rcm-royal-canadian-mint-silver-bar/

they are selling fast (i just bought 2)

gogogoogo

[Anonymous No.18871998]

>>18871956
Are these bars more desirable in some way? The price doesn't seem significantly different from other bars/rounds.

[Anonymous No.18872200]

So with physical PMs trading ~25% higher than their paper equivalents SLV, GLD, etc. (backwardation) is the paper price expected to normalize to the physical price or the other way around?

[Anonymous No.18872628]

>>18863014
Nice man. Thanks

[Anonymous No.18872692]

Why is spending money on boomer rocks so fun anons. I want more.

[Anonymous No.18872753]

>>18868390
That's gotta be worth at least 100 dollars, don't you think?

[Anonymous No.18872785]

>>18867154
Cool lions what are they?

[Anonymous No.18872793]

>>18871956
Already out of stock lmao
>>18871747
Kilo bars seem awesome, definitely want to get one eventually.

[Anonymous No.18872913]

>>18872200
I’ve made a bunch of predictions here on /biz/ since last July that all were bang on. I’ve been bang on with every call I’ve made so far and I expect the paper price of gold and silver to enter a deflationary period along with stocks and everything except commodities. But the physical price will continue to rise and premiums will remain high. Will only take a series of headlines to come out over the summer to push ASE prices to over $30. If things start to get bad, like expected, I wouldn’t be surprised to see $50 ASE’s.

[Anonymous No.18872965]

>>18872913
When do you decide to sell your PM?
I could imagine it's tempting in case value has doubled and you're in need of some cash, that you can sell small amounts. Or do you think people should hold on to it in case of economic collapse?

[Anonymous No.18873089]

>>18872913
So you think it doesnt even matter if there is a dip in spot price because theyll just jack the premiums? I was hoping that silver would drop to $12 or less but maybe it's not worth the wait.

[Anonymous No.18873108]

>>18872200
Supposedly analysts are saying physical prices will fall in line with paper. There's a difference in wholesale and retail prices. Some claim Covid 19 has made physical delivery of gold/silver difficult, hence the shortage/demand and premium of retail metals. Once things clear up, delivering it shouldn't be as difficult and supplies should be more accessible. But with so many mines having shut down, I'm not sure there's going to be supply to meet the demand for quite sometime. Probably Fall at the earliest if I had to guess. Even then, that's best case scenario. But these are also the same people saying buying GLD and SLVR ETFs because they're more in line with wholesale pricing and not retail.

[Anonymous No.18873326]

>>18872965
I think it's up to how you approach your precious metals. You want something you can buy and sell for more USD? Then buy low, sell high. Meaning watch your premiums and pay by check/eCheck. If you're buying it because you think the USD is going to collapse at some point, well then, paper/spot prices don't mean much as you're buying insurance against economic meltdown at that point. So it all comes down to whether or not you think the USD is going to tank. Which, spoiler alert, most of us in here think the dollar is going to tank. Hence the stacking.

[Anonymous No.18873383]

Fellas I have the opportunity to purchase this commemorative $5 gold coin (.900, 8.3590 g) off someone from Facebook for $400. Melt value alone from what I've calculated is $411. This would be my first gold purchase, should I go for it?

[Anonymous No.18873465]

>>18873326
Is there a consensus for a time window, how soon that may be. I'm sorry I'm kind of new

[Anonymous No.18873579]

>>18873383
I'd be wary of getting gold off of facebook if this is your first purchase. Considering the price is slightly under spot and smaller coins tend to have higher premiums, this would be a good deal, but only if you know it's legit.

[Anonymous No.18873591]

>>18869084
Dealers have two customers right now. The panic buyer, they're taking advantage of this lot with higher premiums. (There was/is a shortage of bullion that plays into this) The second customer is the panic seller who need cash quick, dealers are taking advantage of them with low offers.

[Anonymous No.18873623]

>>18870042
gold is too soft to hit it with a hard object. look at what this guy uses to do his ping test. probably dinged the edge:
https://www.youtube.com/watch?v=zEK2Ab4wxbo

[Anonymous No.18873664]

>>18870119
>>18870223
how can monument get around the tax requirement, thought all online dealers had to charge sales tax (to those in certain shitlib states)

[Anonymous No.18873672]

>>18873326
it's not a bad way to increase your stack for cheap
>bought 3 10oz covid 19 bars for 222 each
>selling for 275 on ebay and 265 on leddit

[Anonymous No.18873686]

>>18856964
That AR is absolutely disgusting

Do not post that on /k/ - /ARG/, you will get torn to pieces lol

[Anonymous No.18873694]

>>18873465
No one knows when the music will stop, case and point Venezuela.

[Anonymous No.18873773]

>>18871463
haha greenback machine go brrrr

[Anonymous No.18873788]

uwu look at these cute little gold bars
https://www.youtube.com/watch?v=wdFIFknyEBA

[Anonymous No.18873829]

>>18873788
How many can I safely fit in my butt?

[Anonymous No.18873907]

>>18859976
In Canada, Silver Maple leafs are not subject to capital gains tax if you made a profit of less than $1k Canadian.

[Anonymous No.18873936]

>>18872965
If you’re into PM’s, you’re essentially going long on gold by default. Kind of like how if you’re into crypto, then you’re fate will equal that of Bitcoin’s. The idea of being into gold in the first place to to store wealth. Gold is popular right now because people know the dollar is oversold and everyone is gonna get flooded with them eventually and they’ll become worthless. When this could happen isn’t exactly known but many, including myself, feel that it very well might be just around the corner with everything gaining momentum. Gold’s fate relays completely on it’s importance and use within the government’s financial system and what they decide to do. New global alliances are being developed and being dealt with in gold behind everyone’s backs. All it takes is word to get out and the people’s change in perception, back into real money. No sense to sell right now, maybe take some small profits for liquidity if you got in early enough, but the longer you hold your stack, the greater your reward will be for patience. I recommend this if you’re sort of young like me.
>>18873089
If anything dips it will be gold. I can’t imagine seeing silver go any lower regardless of spot price. Some crazy shit could always happen in the COMEX and change everything in one day.

[PAN MAN No.18873958]

>>18872753
lol yea ... a bit more than $100

[PAN MAN No.18874016]

>>18873788
O those are my favorite sized bar!

[Anonymous No.18874166]

>>18864797
tranny coin

[Anonymous No.18874172]

>>18869812
You sir, have style.

[Anonymous No.18874200]

>>18869812
>>18874172
This is a meme I can get behind

[Anonymous No.18874203]

>>18873829
seek help

>>18874016
same, and 100g

[Anonymous No.18874216]

>>18874203
>seek help
I am, didnt you see my question?

[Anonymous No.18874485]

>>18873686
/arg/ is undoubtedly the WORST general on all of 4clan.

[Anonymous No.18874751]

>>18863014
Anything good in the rockies near denver?

[PAN MAN No.18874818]

>>18874751
Denver Colorado... there is a lot to go over on that area, here are two links to have a look though, there is a lot of placer and hard rock gold, as well as silver, lead, copper, zinc, tin, tellurium, rhodium and rubidium in the mining district!

https://westernmininghistory.com/articles/11/page1/
https://www.goldrushnuggets.com/goldincolorado.html

[PAN MAN No.18874830]

>>18874485
not going to lie, those generals put me off AR building.

[Anonymous No.18874862]

>>18874818
thanks fren.
odds are pretty low i can find anything in my local creek, about 3miles down stream of the rockies

[Anonymous No.18874882]

>>18873686
u have a problem with 300 blackout?

[Anonymous No.18874890]

>>18856964
That rifle is depressing

[Anonymous No.18874894]

>>18858867
Fuck, /k/ really is getting dumber by the day. And they REALLY need post IDs at this point.

[Anonymous No.18874904]

these just came in the mail today 5 5oz bat bois

[PAN MAN No.18874906]

>>18874862
never stop looking, its course gold country. Look for old hand workings, like piled up or walls of rocks. seriously investigate those areas. Gold will be there.

[Anonymous No.18874955]

>>18874904
i'm so sick of batboi posters. the meme is dead and isn't funny, it never was. the design is ugly. the bats look like african-americans. huge flared nostrils, soulless bug-eyed "dindu nuffin" expression. hated those bat coins since day one of seeing them on the jmb home page slider.

[Anonymous No.18874963]

>>18874906
i can put together a sluce pretty easily, did some panning two decades ago, think i still remember how. You are getting me pumped :)

[Anonymous No.18874974]

>>18874955
batbois are kawaii af, you are just mad because you dont have any.

[PAN MAN No.18875043]

>>18874963
heres a simple sluice if you want ideas. I use a course miners moss or conveyor belt in my steam sluices. Hungarian Riffles are good but they need more water flow to work properly as well as a higher angle.

[PAN MAN No.18875070]

>>18874963
this comes in handy as well https://www.911metallurgist.com/blog/how-to-size-a-sluice-box

[Anonymous No.18875157]

>>18859460
>$10 above spot
>platimeme
>batcringe
ngl you did terrible, but at least you have something, that's better than 99% of the normans

[Anonymous No.18875194]

>>18859949
>the absolute state of the land of the (((free)))

[Anonymous No.18875548]

>>18859094

[Anonymous No.18875577]

>>18856964
what is that like 10k? kek

[Anonymous No.18875600]

Tell me, how much silver is JPMorgan believed to have amassed?

[PAN MAN No.18875657]

>>18875600
I ve heard some estimates in the 100 ton range but i could be wildly off. I read a few articles about their metal storage sites in the Reno area having container loads of Ag.

[Anonymous No.18875710]

>>18875657
I see.

And how much do people theorize silver will be worth?

[Anonymous No.18875741]

>>18871463
kek
the more things change the more they stay the same

[Anonymous No.18875886]

>>18870042
>Imagine if you made bells out of it, the tones could probably heal cancer.
unfathomably based

[Anonymous No.18875897]

>>18875070
1TPH is that 1 Ton Per Hour?? Seems like a shitload

[Anonymous No.18875905]

>>18875600
Uncle Ted has tracked down JPM to controlling almost 1 Billion toz Ag

https://cambridgehouse.com/news/7696/jp-morgan-may-be-sitting-on-almost-700-million-ounces-of-physical-silver
from 2 years ago
https://gsiexchange.com/with-jpmorgan-back-in-the-mix-the-hammer-is-now-about-to-fall/
from this april

[PAN MAN No.18875908]

>>18875710
no idea, I ve never been able to find any legit figures to work from.

[PAN MAN No.18875923]

>>18875897
thats for washplants like you see on gold rush. A back pack sluice though can go through a 10 gallon bucket in about 5-7 mins if your waters good.

[PAN MAN No.18875931]

>>18875905
does that include more in the ground that they have purchased before milling or just straight metal? if the latter holy shit.

[Anonymous No.18875999]

>>18875931
everything ive read this far, for a few years, leads me to believe its above ground physical. Uncle ted claims they were the largest buyer of maples and ASEs in 2012/2013 if i recall. he speculates they got melted into 1000 good delivery bars

[PAN MAN No.18876045]

>>18875999
that is an immense amount of silver, wonder where its stored now.

[Anonymous No.18876066]

>>18876045
Pan man have you ever gone searching for lost treasure?

[Anonymous No.18876081]

>>18862377
Follow what >>18863583 says. That's your best bet to find silver in 'circulation'. The CoinStar machine rejects silver (except for war nickels) because they're heavier than 'normal' dimes, quarters and half dollars.
I work where there's a CoinStar, and I find silver in it kinda often, to the tune of $1.50 in face value since the start of the year. Been slower than normal thanks to Corona-chan, but I've still scored a little bit. I know it'll get crazy again towards the end of the year, if I'm still working there by then (I hope not).

Another good method is to buy a box of coins ($250 for dimes, $500 or quarters or half dollars), and hunt through them. Keep the silver or other stuff you want, take the rest to another bank. Take the cash and repeat. Not completely free silver this way, but face value is still ultra-cheap.

[Anonymous No.18876135]

Obvious head and shoulders. Your boomer rocks are about to be BTFO.

[Anonymous No.18876148]

>>18875905
Huh. This does sound a little far fetched. But assuming he’s not just telling fairy tales, 1 billion ounces... at lets say $25 an ounce (it’s about $14 right now but let’s over estimate)... so they’re managing about $25 billion dollars in silver.

That seems like it would mean they have a great deal of confidence in silver, right?

[PAN MAN No.18876175]

>>18876066
yes, I believe I came very very close to one 4 years ago

>be PAN MAN
>chugging through yet another drunken dumpster dive archive grab
>find several old journals belonging to long dead prospector
>read through haphazardly until I spot mention of the lost mine at Poplar Creek
>further reading, find survey map of a trench with "big Au" next to it
>trench matches descriptions of a lost mine a dude would "draw gold from the hill as though it were a bank teller"
>wait til spring, road trip with my mates to Camborne, get truck stuck in the road, than hike into Poplar
>follow the old map to an area that looked very close to this trench
>find old hand tools and flattened wheel barrow
>spent days searching for the trench, but to much dead fall trees and moss obscure the forest floor
>leave with old pick axe and stickin tom no gold

its still there, if anyone wants a hand copy of that map i ll make one and post it here, you need a 4x4 with swampers to get there though.

My favorite old silver dollars are lost treasure, they were found under the floor of a hotel bar in Sandon BC when my mates were doing renovations.

[PAN MAN No.18876191]

>>18876148
with that amount of silver you could manipulate the price by moving the bullion between holding companies.

[Anonymous No.18876209]

>>18876135
It wont matter. Spot may fall but physical prices are holding. Ima still back the truck up if it dips again though

[Anonymous No.18876220]

>>18876148
>>18876191
Sure sure it’s ripe for tomfoolery.

But let’s see, so JPMorgan is estimated to manage about $2.687 trillion in assets. In other words, $2687 billion. Wow!

[Anonymous No.18876227]

>>18876148
there much speculation about why and who they are doing it for. some think its for the US gov and ive heard other throw out foreign govs like CHYNA. either way jpm has been pretty much untouchable. they actually hired the cftc? head who said their was no funny business going on, before the latest racketeering charges, as one of their head defense lawyers

[Anonymous No.18876237]

>>18859094
You ever do a silver roll?

[Anonymous No.18876255]

>>18876175
>if anyone wants a hand copy of that map i ll make one and post it here

please

[Anonymous No.18876275]

>>18876220
>>18876227

So if we were to take a look at the percentage of their assets that are allocated to silver, we’d just go ahead and divide 25 billion by 2687 billion and multiply that number by 100...

What do we get fellas?
0.93%, let’s just call it 1%

1% of all their money is stored in silver, could you imagine that! It’s so bullish, they must be really confident that silver has a bright future!

That seems a little risky to me, I’m not sure that they’re wise to do that, but maybe they know something I don’t! So maybe I’ll be willing to have 0.5% of my cash stored in silver. That seems about right to capture some of that upside, just in case!

So frens, how much have you allocated to silver? Are you bold enough to have 1% of your assets in silver?

[Anonymous No.18876290]

>>18876275
Exactly. Silvercucks BTFO.

Boomer rocks have no value. Shill your fucking bags elsewhere.

[Anonymous No.18876323]

>>18876275
1% if youre valuating silver at $25/oz.

[Anonymous No.18876346]

>>18876275
>but maybe they know something I don’t
they must to have been doing it for over a decade.

>>18876290
most retarded post itt

[PAN MAN No.18876349]

>>18876255
give me a day, i ll work on it tonight. Camborne and Poplar Creek are in that Lardeau country of southern BC. tough land but incredible gold finds out there. My trucks good, but not good enough for some of that slimy terrain.

[PAN MAN No.18876385]

If anyone else is looking for lost mine / treasure stories, heres one of my favorites. I believe its out there, I ve looked for it, the geology is right but I believe you would need a forest fire to clear the over growth to locate it.

https://www.youtube.com/watch?v=JuY1xYPfhlw&list=PL-gbC_8efdJ1ICeFMSTuJVXfmfJWt4MZV&index=16&t=0s

[Anonymous No.18876424]

>>18876346
Yes yes! They’ve been gathering silver for decades! That’s a great point!!

Banks don’t think of things in terms of valuation and asset allocation, they think of things in time! Time is the most precious resource for one of the worlds largest investment banks!

It must be very important to spend literally decades of their short lives gathering silver!

[Anonymous No.18876458]

>>18876424
take it up with them if you dont like what they are doing. they can probably help you with your meds and reddit spacing

[Anonymous No.18876510]

Silver is completely sold old and I have to pay 20% VAT. Should I just forget about the gold silver ratio and just buy more gold instead?

[Anonymous No.18876562]

>>18876510
yea i would go with gold, dont go with fractional, get ounces.

[Anonymous No.18876672]

>>18876458
Care to explain the difference between reddit spacing and proper Grammatically correct English paragraphs?

[Anonymous No.18876673]

Opinions on whether premiums on low premium silver will drop in the next couple months? I'm weighing up whether I should hold onto cash for a bigger, hopefully cheaper purchase or buy a roll of kooks or roos this week, according to spot price silver should be $3/oz or so cheaper than I can get it right now

[Anonymous No.18876687]

>>18856964
What's the point of buying gd and silver bars and coins?

[Anonymous No.18876780]

>>18872913
Agree. Deflation is happening while countries inflate their currencies. Cash is and will be king, especially the US dollar for the next few years. People will sell everything for even small amounts of cash (think US Great Depression). As governments print to keep running, confidence will be lost and an even greater demand for US dollars will arise as it will inflate the slowest because it can print away other nations wealth as the reserve currency. This will make America ultra wealthy and cause the resentment and anger that will be justified for WWIII. Then the US will hyper-inflate (think Weimar Republic) and the real financial collapse/ cataclysm begins. Keep stacking but we still have some time and it's gonna be a wild ride.

[Anonymous No.18876814]

>>18876673
I deal in coins, not bullion, but here's what I'm seeing-

boomers are dumping their collections as they either die or go broke. This has flooded portions of the market making some very expensive coins suddenly very cheap. The plunge in prices has been made worse by the fact that nobody seems to have ready money to pick up the bargains.

so overall some parts of numismatics have taken an enormous dump, with rare coins trading at about 10% of what they were in December in many cases.

I don't know that bullion will have the same problem, but it wouldn't surprise me to see it. We may see premiums drop to nothing on second-hand markets, and we may see physical metal selling under spot.

[Anonymous No.18876962]

>>18876275
What percent of the total amount of physical silver bullion circulating do you think JPM’s stack is? That’s an important percentage. It’s really difficult to accumulate large amounts of bullion, tonnage as they say. Precious metals are scarce. So while silver may only make up a marginal percentage of JPM’s entire portfolio, it’s a massive piece of the silver market (and they have gold too) that they’ve bought up, even more impressive is the fraud committed to suppress the price while doing so.

[Anonymous No.18877089]

>>18876814
Doesn’t look to bad here: https://www.pcgs.com/prices/pricechanges/all/us

[Anonymous No.18877133]

>>18877089
slabs aren't representative of the collector market, they're mostly bought by investors.

[Anonymous No.18877227]

>>18864797
Yes, but we but any other design than that. Even Canadian platinum is better looking.

[Anonymous No.18877297]

>>18876209
Maybe we should start calling it bullion price vs industrial price.
Real estate price is different on residential vs industrial.

[Anonymous No.18877450]

>>18871463
War. War never changes