PMG Precious Metals General - Back From The Dead

[Anonymous No.19351869]

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

>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
https://www.youtube.com/channel/UCXPvtSNFvh9FJrwN02crJ
https://www.youtube.com/user/whygoldandsilver
https://www.youtube.com/channel/UClzSFvylrK8ij3KVwrHzjdA

[Anonymous No.19352290]

>>19351869
why are premiums on platinum so retarded right now? just no supply?

[Anonymous No.19352369]

Who here a /goldback maximalist/

[Anonymous No.19352386]

>>19351869
I want to stack 2 ounce Kooks. WTF is wrong with me

[Anonymous No.19352391]

>>19352290
Because it’s VERY under valued historically. What’s even more retarded is when you go to sell it, dealers by me are giving you 100 under spot.

[Anonymous No.19352423]

>>19352369
I have a few because I think they will have collector value, but they are a terrible way to stack gold.

[Anonymous No.19352432]

Inb4 thread is archived after 11 replies.

[Anonymous No.19352484]

Should I sell my stacklet stack for a 20 inch AR?

[Anonymous No.19352501]

>>19352484
Post stack. If it’s more than 18 ounces I’d say no

[Analymous No.19352503]

I love Slayer. Their music is precious to me.

[Anonymous No.19352538]

>>19352501
28 ounces

[Anonymous No.19352545]

>>19352423
The value prospect of the Goldback is that it is an inflation-proof currency that is designed to be spent and traded rather than sat on and exchanged back for cash.

[Anonymous No.19352546]

>>19352538
I wouldn’t pay that kinda money for an AR. Just as good ARs are like $400

[Anonymous No.19352611]

>>19352546
I have a just as good AR. I want something better. My thought process behind this is I can always stack silver, it’s a decades long play for me but guns will be banned eventually in our lifetime

[Anonymous No.19352637]

>>19352611
It’s up to you. I don’t think guns are really going anywhere. I do think silver isn’t coming back down in price. I’d hold the metals anon. Especially if you already have an AR and a concealable pistol of some kind

[Anonymous No.19352674]

>>19351869
What's the latest housewife status?

[Anonymous No.19352700]

>>19352674
My mom kept burping this morning. Really loud burps. That’s unlike her

[Anonymous No.19353084]

should i /pmg/?

[Anonymous No.19353159]

My modest stack I started in March.

Current goal...
150oz silver
4oz platinum
2oz gold

[Anonymous No.19353179]

muh shiny rocks

[Anonymous No.19353192]

gold is down today. you know what's going to happen? They are going to KEEP TALKING about vaccines, tests, antibodies until you and people like you are BUSTED. It's obvious they have gold on the run but all you people can look at is natl debt. Same nonsense got you hammered like a tent stake (and me, too) in 2012. Debt was real high and climbing then, remember. 300% later in the S&P, there are a lot of "paper boys" that retired early, have new cars, new women, new lives...no inflation in sight. While the gold longs are screaming, "Deal!" It's no better this time. The same cards are being dealt and you people are going to go through this agony again. How are those gold stocks doing today - what? you say they are down 3.71% while your ignorant neighbor in his simple simon 401 is bagging 3% Kind of hard to stay ahead like that, huh? Easy to end the pain: pick up phone and take what they give you and MOVE ON...into another decade of easy money profits without even having to check your holdings more than twice a year. But you don't want that. You want conflict, crash and burn and America in the gutter. Not gonna happen. I know. I bet on it once, too. Cost me $150k...and I deserved every penny I lost, while my simple simon work buddies listened to my gold schpiel and "stayed the course (GOD...I used to hate that phrase)."

[Anonymous No.19353212]

>>19353192

Just buy XLK, MSFT and AMZN; join America again and quit worrying about "taking delivery" and all this other total foolishness. You think the wealth machines of Silicon Valley and the big boys in New Jack City care if you "take delivery?!" Grow up, get a clue, invest in the future. Quit fighting people who are smarter and more powerful...and whove already shown that beating gold into collapse is something they can do on a whim. Wonder when its coming this time...at $1750, $1800, $1850, $1900 (like last time)? OR...maybe its already happened and LOOK OUT BELOW!!! Either way it goes, stocks will win and gold will be little, red-headed step child with no powerful people caring a wit about how much you loose in THAT market. Might as well go with a winner, huh? Buy US and fuggetaboutit. Or get what you deserve just like in 2012.

[Anonymous No.19353226]

>>19353192
what the fuck are you talking about, this thread is for shiny rocks

[Anonymous No.19353362]

Should i get silver coins of bars?

[Anonymous No.19353389]

>>19353362
depends on if you get generic or country backed coins, ive heard bars are cheaper to produce, whatever gets you closest to spot,

[Anonymous No.19353804]

>>19353389
Rasmussen bars or leaf dollars.

[Anonymous No.19353814]

I only have 2 LCSs. One is closed, the other only has ASEs for $24. Fuck!

[Anonymous No.19353828]

>>19353084
Yes, but oof, I picked up one of those platinum valcambis for $833 two weeks ago

[Anonymous No.19353863]

>>19353814
$24 is good right now for in person buys

[Anonymous No.19353875]

https://www.voanews.com/economy-business/us-imports-record-amount-gold-switzerland-virus-upends-trade

[Anonymous No.19353920]

>>19353863
I'm decades behind on stacking. Feelz bad

[Anonymous No.19353944]

>>19353863
>>19353814
yah last i checked my LCS was charging spot + $10 per ASE.

[Anonymous No.19353963]

>>19353875
Wow. China bought 0 gold
>>19353920
I started in January

[Floor Stacker No.19353988]

>>19352674
Still well to do for the most part.

This will change with the next leg down in the stock market

[Anonymous No.19354041]

>>19353963
Good looking. I know a lot of you guys buy online but it just seems like a lot of added bullshit. Extra fees make local eagles a better deal than the randoms I actually want.

[Anonymous No.19354069]

>>19352391
Plat has always had a huge buy/sell spread, which is why I do not bother stacking it. Instead I own shares of companies that mine Platinum. Much better way to get exposure.

[Anonymous No.19354090]

[Anonymous No.19354116]

I'm a poorfag millenial who just got a somewhat well paying job. It probably won't last, given how my country's economy is going to shit.
There's no way inflation won't fuck me over in the next years, so I want shiny rocks - do I start with silver or gold? Do I accumulate fiat until I can get a few oz or do I buy less every month and suffer the premium? Either way Im losing some along the way but PM seems the way to go

[Anonymous No.19354153]

>>19354116
I was in a similar boat to you and I started with silver because you could get it for less premium at the time. With times being what they are now I would start with gold and if you really want to get into silver find generics for the lowest price you can.

[Anonymous No.19354215]

>>19354153
gold seems to be at an all time high though.

[Anonymous No.19354229]

So Gold is at 1718 and Silver at 17.19. I want gold but still not sure if prices will drop more before going up a lot or if gold is even the solid buy right now over silver or if I should wait longer and buy in a few months or something

>>19353875
What does this mean for gold and silver prices

[Anonymous No.19354263]

>>19353963
I’ve started in April. Stacklet at 29oz of silver and 16/100 oz of gold.

[Anonymous No.19354292]

>>19354116
Buy silver. If the bite of spending hundreds (or thousands) on rocks doesn't hurt too much, buy some gold.
The way I see it, in the absolute worst case scenario where PMs are worth very little or nothing, you'll still have a neat collection to give to the kids.
Go for it. Do as you see fit.

[Anonymous No.19354500]

>>19354292
PMs have had worth since the dawn of human civilization so i think we're good, I was just wondering if coins are the best way to go and if theres an easier way of spotting the lowest premiums other than meticulous research
Also, bearing in mind I dont count on getting rich and just want to preserve my shit from the government, are monthly small orders a smarter idea than dumping a large amount into bars at once? I've no idea, consider me a tard

[Anonymous No.19354523]

>>19354116
I would think that if you only have a few months to stack, it might be a good idea to buy a big lump of gold to keep permanently and never sell, and then a bunch of Silver Eagles or something because they’re liquid and you could easily sell them.

That, or just buy a big lump of gold and stack the money you have left in US dollars because realistically you will probably need it.

Some people here will disagree because of the silver price suppression moon mission meme, but maybe you could go 1:1:1 and get a bit of everything?

I would avoid a) excessively fractional gold because of the premiums and b) buying a huge lump of silver that’s hard to sell.

Maybe consider buying sort of fractional gold like a gold sovereign or two (or three depending on your budget) to keep, 10-30 1oz silver coins, and some cash just to have for when you need it.

I’m currently roughly 10:4:4 silver:gold:cash and am considering how and if I should change this. Am leaning towards getting more gold, maybe a 10g bar and more cash as well.

[Anonymous No.19354537]

>>19352700
She might have an ulcer

[Anonymous No.19354568]

>>19354523
thanks for the input, getting a bit of everything thats easy to sell sounds good, I see coins are the way to go

[Anonymous No.19354627]

>>19354500
With bars you get more metal at a lower premium, but remember that the same applies as a seller, too. You can buy like 35oz of silver as one bar for only $700 or so, but you will also only get that or maybe even less if and when you go to sell. Also you can’t sell only part of it without decimating its overall value as a bar.

I think generally 1oz silver is best, so is gold too actually but realistically given that most of us are poorfags we will end up buying a lot of 10g bars or 1/4 oz coins. I personally avoid 1/10oz gold coins because of the premium. I have a 16/100 oz KOMSCO gold medal and the premium was still pretty high, so next time I will try to get a 24/100 oz gold sovereign or maybe a 10g bar to hopefully not get hit quite so hard by the premiums.

[Anonymous No.19354696]

>>19354263
>16 oz gold is stacklet
kek

[Anonymous No.19354718]

>>19354696
Nah that’s 16/100 oz, as in the fraction.

[Anonymous No.19354871]

>>19354090
'get a life, bin that knife'

[Floor Stacker No.19355108]

>>19354229
Silver is really already at the bottom, it can't go lower due to the cost of production creating a floor. If you think prices will fall, buy silver, the paper price may go down but premiums will just increase in response.

If you think prices will go up soon, buy gold, it always rises before silver

[Anonymous No.19355112]

how likely is it that I can win a case against a scammer? i paid with pp ff and he deleted his reddit account :( The amount was over 1k but under 2k

[Anonymous No.19355276]

What's a good plateau to hit with PMs? I have roughly 15 oz of silver with about 15 grams of gold. Would that be enough to stave off potential future financial troubles? Mind you I've just got into stacking since I received some unemployment benefits and was using some extra cash to invest in it.

[Anonymous No.19355682]

>>19352369
I need to update my photo, I have the 25s and I'm waiting on the 50 to come in the mail.

>>19352423
This, and I collect them for this purpose as well. Once I complete the set I'm after I'm done buying them. I'm also waiting for a half-ounce Philharmonics to come in the mail for the pure unadulterated gold stacking.

[Anonymous No.19355722]

>>19355276
I'm at 300ozt silver, 3/4ozt gold, and a few grams worth of gold jewelry so far. Aiming to stack some more gold before switching back to lead and brass for a while.

[Anonymous No.19355749]

>>19355682
Faggot

[Anonymous No.19355770]

>>19355749
Hey! Look who's back! What's up, buddy?

[Anonymous No.19356037]

I believe all the larping glowies that say gold standard comin back. Bdanon says they can make it at area 51 but will be using it as a base anyways. Treasury anon says gold to be pegged at 100k/ounce which is pretty in line with some etimates of total money supply revalued to gold supply at around 82k-85k/ounce, and Q says gold shall destroy fed. Also road to roota guy is looking at some more realistic but still bonkers targets of 10k gold 2.5k silver, also says there are billions of tons under marine protection in the sands and rocks of the grand canyon. Inb4 meds kys cnn rabbis. The whole game is rigged beyond repair and Trump is playing hyperdimensional hungry hungry hippos and fuck you for shilling against it.

[Anonymous No.19356164]

>>19356037
What in the goddamn fuck are you trying to say?

[Anonymous No.19356194]

>>19356164
He says we're all going to make it

[Anonymous No.19356293]

>>19356037
Any guesses on a timeline?

[Anonymous No.19356317]

>>19352369
If you're really a gold back maximalist then you make me feel not so bad for accumulating silver dollars at a near 100% premium.

[Anonymous No.19356390]

Hoping for more pullbacks to be honest. Want to get into PGM at a lower cost basis, accumulate as much as I can. It's retarded how cheap these stocks already are. J pow and Americas addiction to credit are some of the best things that have ever happened to me lol.

I'm eating fucking ramen and oatmeal every day to accumulate. I'm living with my parents, I'm lending money at 20% from my friends so they can get in on the action, thinking im a legend for giving them such good rates. Lmao I'm going to easily double their money within a year. You guys are too scared and have no conviction because you haven't put in your 1000 hours of research. You don't know management, geology, macroeconomics, geopolitics, history, so you're scared. I'm not, and I'm gonna make a shit ton of money.

[Anonymous No.19356438]

>>19352503
Very patrician anon

[Anonymous No.19356470]

>>19356390
>lending money to friend so he can cash in
Your friend will lose their money and not pay you back.
>waiting for pullback
anon.. when spot price was 14$ in march physical was 25/ozt. What kind of a pullback are you talking about?

[Anonymous No.19356506]

>>19352538
>>19352484
Do you own an AR? If not I would do it.

[Anonymous No.19356526]

>>19353212
>>19353192
Sir this is a Wendy's drive thru

[Anonymous No.19356576]

>>19353212
>Quit fighting people who are smarter and more powerful
this is how the jew keeps you servile. They try to convince you that you are nothing compared to them, but in reality they are just fucking parasites

[Anonymous No.19356596]

Did we ever reach consensus how many times we can repost a picture before it's time for new ones?

[Anonymous No.19356633]

>>19355112
plz answer me :'(

[Anonymous No.19356647]

>>19356596
Surely you only have to post a new picture if your stack has been significantly increased/changed? I don’t see what’s wrong with reposting the same photo as many times as you like in /pmg/ otherwise.

Or am I missing something?

[Anonymous No.19356704]

>>19356647
Was mostly kidding anon

[Anonymous No.19356763]

>>19356470
A. You have shitty friends.
B. Wrote it wrong in taking their money to invest in my favorite miners.
C. Equity pullback as gold equities' recent only upwards trajectory is both unrealistic and unsustainable. Pullback started today, hope it continues.
D. Coins are a safe bet but if you really believe in the metal why aren't you more in equities?

[Anonymous No.19356786]

>>19352369
Am hoping to obtain a bit soon. It's 100 for a wallet to be included IIUC? Can you show the front?

[Anonymous No.19356844]

Comfy thread lads I'll post my stack soon. Got an OZ of gold coming in the mail, also I like how this board gets flooded with porn and scamcoins on the regular but I got banned for no reason I post here and smg usually I don't understand the Jannys.

[Anonymous No.19356875]

>>19352484
Meh, I threw down 25 for six ASE's to top off a tube at my my favorite LCS. Brick and mortar I'm not losing sleep over muh dollar cost average. Online I'll wait or find cheaper rounds/bars

[Anonymous No.19356885]

>>19356293
1-2 years
>>19356194
Exactly
>>19356164
Shalom

[Anonymous No.19356911]

>>19356037
>Gold and silver backed federal crypto incoming.

[Anonymous No.19356956]

>>19356885
Imagine the wealth

[Anonymous No.19356967]

>>19356911
oh shit

[Anonymous No.19356973]

is buying 40x 1oz silver leafs and then going into gold a good idea?

[Anonymous No.19356986]

>>19356911
I do admit it would be an insanely interesting macro to see gold and silver suddenly fight to the death...ahh what am I saying that'll never happen

[Anonymous No.19356995]

>>19356973
Buy 50 leafs. They come in tubes of 25 so you may as well go to 50

[Anonymous No.19357062]

how often are pp scammers caught? what if they use fake address etc?

is it worth pursuing for 1.5k?

[Anonymous No.19357063]

>>19356986
If the other digging about the US gov seizing $600 trillion in gold reserves is true, we may see a crypto denominated in bot silver and gold, with a historic (1:15) ratio built into the value of the neo shekel.

[Anonymous No.19357075]

>>19357063

[Anonymous No.19357097]

>>19357075

[Anonymous No.19357100]

ugh I have no good hiding spot and I'm getting really nervous about someone walking in and taking my gold buffalo

[Anonymous No.19357104]

Nabbed one of these while they were in stock last week.

[Anonymous No.19357129]

>>19357097
Don't mind me just casually moving 5 trillion around, nothing to see here goyim.

[Anonymous No.19357166]

>>19352545
Unfortunately bad money drives out good money so why would anyone want to pay with actual gold money when they can use funny money instead. Its a cool proof of concept but a Goldback type currency will only work if it is the only currency that can be used, until then they will only be a collectors item and used for few transactions.

[Anonymous No.19357227]

So I have 250oz silver, should I spend 4k on more silver or gold? Which is better Philharmonics or Britannias? They are the cheapest and same price. For gold, bars or coins? Gold eagles is only 22 karat.

>>19357100
Hide it in your ass fren

[Anonymous No.19357239]

>>19353362
If you go over 10oz i say bars

[Anonymous No.19357241]

>>19357227
this is it

imagine the idea of having a whole buffalo in the ass

[Anonymous No.19357264]

>>19357227
I like to get lunars when I buy gold

[Anonymous No.19357293]

>>19356911
Kek a supertanker full of 18 year old lolis is the new formerly well to do housewife


>>19356956
Oh i do imagine it, i do

[Anonymous No.19357322]

>>19352386
BGASC has those for 41.42/ea but there's an $8 flat shipping fee. I'm sure the math works out in favor of that even with the shipping tho.
https://www.bgasc.com/product/2020-2-oz-silver-australian-kookaburra-mother-baby-9999-fine-bu/australian-silver-coins
>>19353084
Apmex has better prices on the platinum and has Credit Suisse or Valcambi or secondary market (random).
https://www.apmex.com/category/33000/platinum-bars/all?vt=g&sortby=priceasc
They also have gold cheaper too.
https://www.apmex.com/category/10000/gold-bullion/all?vt=g&f_productoz=1+oz&sortby=priceasc

[Anonymous No.19357342]

Tried to broker a small silver deal, got burnt in the end. How was your day /pmg/?

[Anonymous No.19357346]

>>19357129
Neo shekel? DigiShek? JuicyCoin? GoyBacks?

[Anonymous No.19357359]

>>19357104
Are they as pretty in person?

[Anonymous No.19357371]

>>19357100
In an electrical outlet.

[Anonymous No.19357383]

Buy gold or silver right now? Have 4k to spend. Have 250oz silver already.

[Anonymous No.19357387]

>>19353212
This guy is correct. Keep collecting pet rocks while everyone else is getting rich.

[Anonymous No.19357414]

>>19357342
Was gud. Got a tube of buffs and established friendly relations with a new lcs. He wasn't even gonna sell as he was truly freaked about the Rona but I speechcrafted him into it.

Also have that gippo piece, love the old relic look.

[Anonymous No.19357477]

>>19357387
Y u mad? more stonks for you!

Dont worry, i will pump ur bags with my millions in treasury bills once the swap is complete.

[Anonymous No.19357530]

>>19357383
Gold is a better buy right now with that kind of money. Premiums are down with the highest premium for gold being 7% for eagles while silver eagles are still around 50%. I always check sell back prices to see how much I would loose if I were to sell the same day I bought it.

[Anonymous No.19357544]

>>19355112
I dont know anon :( Honestly google probably has the answer youre looking for but most likely the money is gone. I'm sorry. You can open a ticket with PP and see what they say. You could try and send $.01 with a message and say something to them. People like that are pretty out of touch with their conscious tho so I really doubt threats/begging/etc. would really do much. Idk what to tell you man, shit sucks, people can be garbage.

[Anonymous No.19357549]

>>19357383
I say wait on silver until you can get a govt 1oz coin for $20 or less
gold, meh good luck on that fren.

>>19355112
my god anon, people please stop using reddit...
anon you need to contact paypal like yesterday, and fill out a detailed account of what happened.
>>19355108
I think silver will drop some, for 2 reasons. once people realize life will return to mostly normal a lot of people will sell. which should make supply so plentiful that they'll be selling it slightly above cost just to get rid of all of it.
and second, we simply run out of demand. its my understanding most of asia is either selling metals or holding. most aren't buying. all the demand is coming from the US and Europe.

[Anonymous No.19357568]

>>19357104
Those look so cool desu, I think if I see them pop up around $200 again I'll cop one. I'd just get one of the coins but I really fuckin hate the queens face on the other side of the coin. It just makes any cool looking coin ugly as fuck as soon as you flip it over and have to see her face. Absolute insanity that she has to be on EVERYTHING.

[Anonymous No.19357630]

>>19357100
anon its quite simple, with such a small amount. okay heres some ideas
1. tape to the bottom of a drawer (use hardcore tape like gorilla tape or some superglue works too.
2.your central air vents, some will make a 90 degree angle only a foot down. easy place to store it.
3. stick it in with your gun cabinet, I myself spread it out between my gun and ammo cabinets and a random third place.
4/ wall and floor safes, most are small designed to fit between the 2x4's in the walls, pretty secure and easy to hide behind a picture or what ever.
5.inside your computer, but if some meth addict breaks in, they'll probably steal your comp...
6.stick it in your freezer with like 6 layers of bags so its not obvious what is it

if I think of any great ideas i'll add em

[Anonymous No.19357652]

Well, I'm back again. After chatting with you kind Anons a few days back, I've decided I'm going to buy a few ounces of silver, and a few of gold, and that'll be it. The new Canadian 'squid' coin (see >>19357342)
is definitely going to be in the collection, but aside from that I'll probably just do 1ounce coins without a design.

I've found more and more articles that break down why gold and silver are not good hedges against inflation, and from another Anon's suggestion I've been researching what Venezuelans have been doing with their gold, as a country, and as a population.

My surmise was indeed correct apparently: if you were rich enough to have substantial savings in gold, you left the country before it went to shit and you took your gold with you. As the govt is trying to shore their situation with USD and Euros, as well as selling their gold to Iran, the population in general seems to be using USD by majority because the gold the average person stored up has long been used off.

I know this kicks the hornet's nest a bit, and I'm not ungrateful for the advice of stackers here; far from it. But from my concerns the other night, I don't see my economy going Mad Max, nor do I see a replacement of my current fiat with one based on silver or gold (my govt wouldn't have enough of either). Therefore, any bullion I buy would be for enjoyment of the metal, but not a way of making money if the ratio ever drops.

That is all.

>keep posting pics of your stacks...they give me inspiration. And my thanks, of course.

[Anonymous No.19357684]

Oi

[Anonymous No.19357817]

>>19355112
Not likely

[Anonymous No.19357860]

>>19357652
>I've found more and more articles that break down why gold and silver are not good hedges against inflation
Care to link any? I'm always aiming to learn more plus I think it's healthy to balance information intake with stuff you agree with and stuff you disagree with. "If youre rich enough just leave" sounds like a really suspect analysis of holding PMs during strenuous circumstances.

[Anonymous No.19357861]

>>19357359
I don’t have much but it definitely pretty.

[Anonymous No.19357871]

>>19357342
I like the cthulhu coin but is the lizard on the other side?

[Anonymous No.19357888]

>>19357860
Sounds like an anti metal meme

[Anonymous No.19357970]

>>19357860
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2078535

This particular study was quoted by many articles in the media, so you can find several ones if you google linking to it. But there are others working on this kind of analysis because Venezuela continues to be an experiment that people can evaluate in real time with real populations.

Regarding the 'rich enough to leave', Venezuela had 30million people in 2015, but 5 million migrated instead of living with a 2$ per month average wage, most going to the neighboring countries hoping to get jobs to send money back home. Now because of Covid that has changed too (loss of jobs and borders closed).

The people who were rich and stayed were part of the military or government, and there are recent media reports of spreading of Covid due to rich parties with celebs and shit...lol

I'm not trying to be anti-metal, as I mentioned in my first post. However, the actual reasons for hoarding PMs either are not realistic, or do not have any concrete points of data to suggest how much, for how long, and therefore sound economic decisions cannot be made from that either.

>I'm a newbie trying to figure out reasons why to get into stacking. So far, I can't find many, and the ones that instill fear into action (i.e. you need to protect your wealth against hyperinflation) would require me to convert ALL my savings into this, not just 5-10%. That's not good enough, nor is it enough to risk where I live (and where stocks/bonds will make more over my life span).

[Anonymous No.19357976]

It occurs to me now that the Paper/Silver Ratio is twice that of Paper/Gold Ratio. If they were equal then the Gold/Silver Ratio would be at about 50:1 which would be within range of the historical average for the past fifty years.

[Anonymous No.19357993]

>>19356596
Peace Dollars and Walkers a best

[Anonymous No.19358074]

>>19357860
https://www.barrons.com/articles/gold-wont-protect-you-from-hyperinflation-1534952739

Here, it roughly translates and compares the study's findings with The Golden Constant (Jaystram), talking about the issues of value over the timeline of holding. In short, if you're holding gold for for centuries, you're fine. If for decades, no guarantee.

That's really the information I was trying to find out when I first came here a few days ago.

If the Western economy goes kaputt, with hyperinflation like Weimar, then you'd need everything in precious metals to survive, not just a small percentage. So, that's option 1. If you want a hedge against minor hyperinflation for a smaller time span if you still hold a job, then probably 50% (I'm guessing here, but considering income vs. spending, I think that's reasonable). If you have any less than either of these %, then it's just a momentary game, enough to last a month or two in worst case scenarios, maybe a year in not so bad.

It doesn't make sense to me, and there's no evidence to suggest otherwise (especially now with the economic scientists watching Venezuela like hawks so they can write more papers).

What do you think?

[Anonymous No.19358109]

>>19352386
What site is that?

[Anonymous No.19358112]

Also, like everything else, take this study with a grain of salt. The study is years old, so there isn't an update regarding the trends and if they've stayed consistent with the predictions or not. But it is interesting to me...

[Anonymous No.19358146]

>>19358074
Sorry, I should be clear. When I said, 'it doesn't make sense to me', I was referring to the general idea of stacking as I've seen here so far. Either people have too little, or they don't have nearly enough. It sounds the same, but it's not.

>but bonus points for those with ammunition...that's the real currency in a mad max or Bosnia anyway. That and cigarette lighters.

[Anonymous No.19358154]

The best way to hide gold is to get it in powder form and load up a few cases of ammo with recognizable projectiles. Load the gold powder in place instead of smokless powder and put them in a drawer.

[Anonymous No.19358157]

silver is never going down again is it

[Anonymous No.19358175]

>>19357861
Beautiful, anon. and secure!

[Anonymous No.19358244]

>>19357100
i've got some gold stiched into the bottom of my clothes hamper. i've never had a burglar do my laundry.

[Anonymous No.19358253]

>>19358074
these are sound observations

[Anonymous No.19358267]

>>19358109
jmbullion
>>19358074
>>19357970
Reading now. This line stands out tho.
>One case study of hyperinflation that Erb and Harvey examined in detail occurred in Venezuela’s neighbor Brazil between 1980 and 2000, during which cumulative inflation totaled nearly 13 trillion percent—equivalent to about 250% on an annualized basis. They report that, over those two decades, the real price of gold in Brazilian currency terms fell by about 70%.

Naysaying is fine, but they dump on gold but dont offer an alternative. What do they suggest as an investment against hyperinflation that "actually works" unlike gold? Nobody knows what's going to happen next and maybe hyperinflation will never occur. I dont have to take every spare cent I make and throw it at PMs. Nobody recommends that. But if things start to get bad (and there are a lot of reasonable level headed people saying that's where we're headed) then I'll be glad I have something tangible and universally recognized as money.

[Anonymous No.19358302]

>>19358267
I bet the price of gold fell, but if you tried to buy a car with it they would accept it at a premium over their shitty currency.

[Anonymous No.19358314]

>>19358253
Appreciate it Anon, but there's more. Consider this from a 2007 study (Baur/Lucey):

>This paper addresses two questions. First, we investigate whether gold is a hedge against stocks and/or bonds and second, we investigate whether gold is a safe haven for investors if either stocks or bonds fall. A safe haven is defined as a security that loses none of its value in case of a market crash. This is counterpoised against a hedge, defined as a security that does not co-move with stocks or bonds on average. We study constant and time-varying relationships between stocks, bonds and gold in order to investigate the existence of a hedge and a safe haven. The empirical analysis examines US, UK and German stock and bond prices and returns and their relationship with the Gold price. We find that (i) Gold is a hedge against stocks, (ii) Gold is a safe haven in extreme stock market conditions and (iii) Gold is a safe haven for stocks only for 15 trading days after an extreme shock occurred.

What is interesting to me is the following (and consider it from the perspective of someone who's never invested like this before):

1) The only websites that recommend stacking are ones that sell precious metals.

2) The only websites that recommend against it are banks and investment firms.

This is what got me started: I wanted to find the truth, because both of those issues are directly related to the money those places make from transactions. If you buy and sell PMs, you're taking a premium on both, and the only people who lose are the customers. If you emphasize stocks/bonds, then once again you're telling your customers to use your service which you charge for over another.

Add on to it the bulk of people on the net who are of the opinion that there is indeed conspiracy by govts and elites to prevent the average pleb from having any real wealth. (I don't hold a viewpoint on this, as there simply isn't enough evidence).

>>19358267
I promise I'll comment in a moment.

[Anonymous No.19358367]

>>19358314
cont.

So the point is that I was trying to figure out who has the real power for both of these, and what I see is the powerful using the fears of the common person in order to make them behave in a certain way.

"Invest in PMs. The govt doesn't want you to, but you're smarter than that"

or

"Invest in stocks/bonds; you too can be a Warren Buffett"

In both cases, the facilitators are the ones who make the money, not the customers they promise. So, I came to /biz/ hoping to find some real discussion about it that isn't influenced by these concerns, and while there has been good discussion for sure, I still haven't found concrete answers as to why one should do this, how they should, and in what amounts. Anytime real questions are asked, I get vague what-if scenarios, which just isn't good enough if I'm going to sink a % of my hard-earned money into one thing instead of another. It was always easy to get the numbers on the stock market and the value that can accrue over time, but with gold and silver there is a 'fear' aspect that is spinkled on top to add motivation.

[Anonymous No.19358422]

>>19357063
>>19357075
>>19357097
>>19357129
Help a tard out. What does it mean?

[Anonymous No.19358454]

>>19358367
i wrote a 12 page analysis on silver but you should really dyor

[Anonymous No.19358464]

>>19358267
That would be outside the scope of any research paper. Research primarily is about documenting something objectively and learning from that. Determining alternatives depends on the situation and what alternatives are either available or ideal (or both). I certainly can't offer an alternative either...I'm still trying to gather information in order to make an informed choice. If things start to go bad, then having something tangible is good. But you haven't defined what 'start to get bad' actually means. What is the timeline you envision to protect yourself against? How much inflation are you banking on? Will you have a job? Will the infrastructure in your living situation be the same, or like in Venezuela will you have unpredictable power outages, unknown job hours, and unknown food potential?

I don't like guessing, and there are lots of unknowns making the guessing even more shitty.

So, hardcore example. I'd actually be satisfied if I asked someone what PMs they collected and why and they said this:
1) Protecting against hyperinflation of 10 years, assuming full unemployment.
2) Gold only + reasons or Silver only + reasons or Platinum or whatever. Concrete reasons (i.e. value, liquidity in a society that doesn't use cash anymore, etc.), not anecdotal. You can get these from the situations as recent as Syria and Venezuela, as close in the past as Bosnia, and of course further back than that.

Then I'd be interested, because I could compare and contrast that with my own situation and find a prediction that has real value.

[Anonymous No.19358465]

>>19358314
I couldn't argue with any of this.
But one thing that sometimes doesn't get mentioned in summary reports of these formal studies is the concept, or fact idk, that the "price" of precious metals is also at times just an indication of the "true value" of the Dollar it is valued against.
In some cases of the past, when PMs were mooning, it wasn't actually the PMs "value" going up, it was actually just the value of the dollar that was tanking. Or so I believe some manner of this is at play when other factors fail to manipulate it

[Anonymous No.19358500]

>>19358367
bottom line, it's only whales those at the top that can make any real money off of any "investment vehicle" while the little fish at the bottom trying to try their hand at investing will rarely get far.

[Anonymous No.19358561]

Did I go overboard on this? Or do I need more?

[Anonymous No.19358576]

>>19358561
this picture is,.... well how do i' say this?

learn to photo

[Anonymous No.19358578]

>>19358464
I stack Silver only + a bit of gold, because silver as an industrial metal is bound to go up. We have(or will soon reach) peak silver production, and the fall will be exponential(according to H. Svedrup) much like the growth. this means we will quickly realize we do not have a stock pile of silver waiting to replenish the continuous industrial needs. Scrap production hasn't increased in 10yrs, and our industrial needs only increase. Photovoltaics, electronics, and plenty of other things consume a lot of silver. Silver mines are concentrated in mexico and there have been talks of remontezing silver. this will take up a large part of their supply every year leaving less available commercially.
>peak silver production is the most concrete/solid argument imo
>>19358454

[Anonymous No.19358609]

>>19358454
>dyor
I have no clue what this means. Was it supposed to be 'diy'?

>>19358465
I completely agree with you, and the problems exist because we're comparing two fiats. Gold and silver are not steady commodities in any form: the amount of gold that purchased you a suit back in 1860 will likely purchase you lots of suits today. We all complain about fiat paper currencies and printing dollars but the bottom line is that it's a manifestation of the same thing: how much of one things we're willing to trade for something else. The problem is that there is no standard value that we can compare that hasn't changed due to human biology, automation, psychology, need, etc.

>>19358500
I don't know. To get to the top, you need to create something that no one else has, find a way to trick others into buying it, and then keep selling the facade until you don't have to anymore. Then gold becomes the same as US dollars or electricity or whatever...it's all the same.

For instance, why are premiums the way they are? Why is it a necessity to calculate the premiums for buying and projected premiums for selling in order to determine if the gain would be wiped out by the service fees? That's bullshit. The only people who gain are the ones brokering the deal, not me.

If I bought silver now, and then decided when the ratio goes down to sell and buy gold, how much will I lose of the gain through transaction fees? Insurance to move the material, etc.?

I feel like this is just another trick. For once, just for once, I want to buy something and have the buck stop with me, where I don't have to pay anyone anymore. Buy a lump of gold at point. That's it. Sell it at point. That's it. Everything else is robbery.

[Anonymous No.19358662]

Still waiting for APMEX to ship the ounce of gold I ordered on the 15th. I suppose it's what I get for trying to save money by sending a check.

[Anonymous No.19358697]

>>19358609
if everybody knew "the trick" it wouldn't be "a trick" because if everybody was doing it you would be flat even with everyone else

On another note, we can look back to the dip and moon when Silver was down to $6/oz around the year 2001, then by 2011 it was at $40/oz

anyone with the luck or instinct during that time could have made some profit if why went in big buying at the dip and holding for a decade. maybe that's anecdotal and probably other examples of that, but it is one example of how it could be an "investment" and profit if timed correctly, but yea, who knows on the timing

[Anonymous No.19358748]

>>19357166
This simply encourages long term thinking, which is a net positive for society.

[Anonymous No.19358753]

>>19358578
A fair point! In that case, how will you know when to dump your silver into stocks or cash? In other words, how will you determine when the value is at its highest, or is it a case where you'll continue to stack silver until...well, I don't know, until you hit retirement? Also, wouldn't it be better to just invest or buy a silver mine instead? Wouldn't that make you far more over the long term than stacking?

This is kinda what I'm talking about. I can absolutely accept the belief that silver is 'bound to go up'. But there's nothing to suggest by how much, for how long, and how far the fall will be afterwards. How much do you want to have? What values are you thinking about in terms of daily living expenses, etc. etc. The list is endless.

Another thing: current electronics and other stuff require silver. Will it be a staple 15 years from now? 20? Could we have predicted the US becoming an oil exporter 20 years ago (thus disrupting the chain and the US global position as a result?)

All I'm saying is that if one wants to guess (i.e. silver is bound to go up) then why is it not possible to guess against the guess? I could guess that silver will stay where it is, and likely fall in 6 months from now. There's nothing to stop this prediction, except what actually happens. But the guess is shit when it comes to transferring wealth from one medium to another.

>>19358697
Agreed, but the trick is still that one should be a dealer in gold and silver instead of a buyer. As a buyer, you lose on the buy and the sell, and as a dealer you win on both. There is a vast majority of people who do not own or trade physical metals, either because they don't have the savings for it or they don't want the security problems and hassle. Hell, if I wanted to have gold bars, it would be safer to pay for storage at one of those security places that specializes in PM storage than to have it in a safety deposit box or my house. Once again, I lose.

[Anonymous No.19358755]

Bought "random" 1 oz bars and got a bunch of generic holiday designs. Do these carry any premiums or no?

[Anonymous No.19358772]

>>19358464
I mean if the whole purpose of the research is to solely determine whether or not gold has done well "on average" over decades of time on a global scale totally ignoring extraordinary circumstances without offering a single alternative then it sounds like a huge waste of time. PMs shine brightest when abnormal things happen. They still function - and often function better under duress. Nobody, and I mean nobody, has the ability to forecast if/when PMs will have their day(s). That's not the purpose of them. If you are buying physical PMs as a way to get rich or beat a nominal 3%/year inflation rate youre doing it wrong. Every single fiat currency in the world is based on nothing. There is no value. It's a system based on trust. And when that trust falters or fear takes over reason in a population they look for something safe. PMs are safe. Maybe someday crypto will be considered safe too, but we're not nearly there yet (imo). Just look at what happened to the stock market in march. Look how fast the market tanked over something that had been in the news for 3 full months already.
https://www.youtube.com/watch?v=2qTOWuL7Zco
This guy strikes me as incredibly reasonable. His recommendation is to own PMs as some % of your total networth. That % is up to you, but it should never be 0%. At the end of the day how you invest your money is YOUR choice and whatever you do will make or cost you money. Dont let your information consumption fool you into thinking youre absolved of making your own choices. I'm just some nobody shithead on the internet but I've gone all in on PMs in anticipation of what comes next. Maybe I'm a retard and I'll regret it for the rest of my life. Maybe it will pay off and in the long run I'll come out okay. But either way I'm willing to own my decision and admit that even though I'm new to investing and new to PMs - the outcome is the result of my choices.

[Anonymous No.19358786]

>>19358697
so the way to give oneself a chance to take advantage of these highs and lows, is to stockpile PMs as much as you can responsibly and reasonably afford. and be able to sell *Some* during the highs. then keep buying moderately during lows, and buying big at the dips

It think the main thing is being able to buy/hold a good amount for a long time, with buying and selling at the highs and lows as close as you can guesstimate highs and lows.
yes as mentioned in anons posts above, this is actions made on the span of decades

[Anonymous No.19358827]

>>19358500
Not true. You might be thinking of tremendous sums of money but it's better to think of assets that generate passive income. If you have enough passive income to afford your lifestyle and even better if that passive income steadily grows then you are fundamentally the same as most wealthy people if not on as big of a scale.

[Anonymous No.19358868]

>>19358755
Lmao I‘ll give you 5$ under spot

[Anonymous No.19358910]

>>19358697
cont.

The ones who win in this scenario are those who provide the services to safely store stuff.

Regarding the investment depending on the timing, this is completely on point! So far, the only thing I've seen is that PMs are mediocre at bes; sometimes they go up, and sometimes they go down. If you know the timing of the events, you can profit. If you don't, you just hold because every time you think of selling, there's a voice in your ear saying, 'but maybe if we wait another month it'll be even better'. Gambling.

>>19358772
there's a lot, so I'll try to go one by one and may need another post or two.

1) I disagree about the research being a waste of time. What it does is objectively offer a differing viewpoint to the 'PMs are a hedge against hyperinflation', supported by real-world evidence. This is important, because we need real results and not guesswork or intuition or anecdote. I agree that no one has the ability to forecast about PMs having their day, but that falls into the same category as preppers in other scenarios (i.e. 2 years food, 4 years ammo, farmland, etc.); we don't need it now, but what if? As I said, fear is a significant driver, but at the moment I don't see anyone profiting from this except those selling the goods. That's my point. What if, just for a moment, what if there is no viable alternative? What if holding gold and silver during hyperinflation is just as good as holding stocks/bonds or foreign currency? What if it's the same? Then the argument exists to say, 'I have xxx in USD, xxx in GBP' etc. instead of gold and silver.

2) I agree that all currencies are fiat based on nothing; they're not tied to limited resources. Unfortunately, I haven't yet found evidence that the value of gold and silver is based on anything other than...what people value it as. Because that value changes with supply and demand, then it gets close to fiat, does it not? Just a thought. cont.

[Anonymous No.19358948]

>>19354090
Whats in your record?

[Anonymous No.19358964]

>>19358753
>>19358753
well yeah it's a speculative asset. That's the nature of it?

If one could easily answer those questions then it would be priced in. That's actually the nature of the market also. "When will amazon be x?" . If there was a definitive way to conclude this then it would be priced in before the date.

I don't think you will find the answer to "When will silver go up and by how much!!!" because if it was that easy i don't even know what to tell you.

[Anonymous No.19358971]

>>19352369
KEK ITS STILL PAPER

[Anonymous No.19358988]

>>19358948
Lol he is just a bong.

[Anonymous No.19358990]

https://www.reuters.com/article/swiss-trade-gold/us-imports-record-amount-of-gold-from-switzerland-as-virus-upends-trade-idUSL8N2D8311

>111.678 tons of gold
How can this just happen right under people's noses?

[Anonymous No.19359009]

>>19358755
What year? What mint?

[Anonymous No.19359014]

>>19358772
cont.
3) I'm not convinced Crypto will ever be safe because there are too many billionaires with whom crypto is directly in competition with their power structure. The banks cannot accept crypto because it undermines (excuse the pun) their function and thus their very existence. No, crypto is a meme and will be opposed by every major govt in the world because their money-lenders tell them to do so.

4) I agree with your last paragraph, about it being personal responsibility to invest securely and smartly. I disagree with the statement of owning 'PMs as some % of your total net worth, that % being up to you'. That's a cop out, and you know it. That's like saying, 'you should have ammunition for your pistol, but how much you have is up to you'. It doesn't inform someone getting into this of anything other than, 'you should buy this, and your fear will motivate you towards how much'. The same tactic I've seen from every youtuber who is directly connected with companies that deal with 'alternative investment strategies'. In other words, his business involves coercing people towards investing in what he sells. It's all bullshit again. There's nothing objective about this at all.

Finally, I'm not trying to say that anyone is a retard for investing this way. You have to understand, and I've tried to say it many times:

>I've never invested in gold and silver bullion. My interest was peaked a few days ago on /biz/, so I wanted to find out more. In the past few days, I've found two extreme viewpoints (PMs are great, PMs are not), and both viewpoints are only supported by companies that want your business. I wanted to find what the actual truth was, because in either case someone is ripping me off.

I take responsibility for my actions, and have done all throughout my life. However, I'm not going to make a decision until I have as much data as I can have at that moment in history. Right now, it's all dark regarding this segment of investing.

[Anonymous No.19359020]

>>19358990
I believe this was people capitalizing on arbitrage by shipping gold to New York for comex/lbma.

[Anonymous No.19359032]

>>19354090
wher'd u get second from left?

[Anonymous No.19359051]

>>19355682
What's up with these faggots showing us pieces of paper? Do you know what thread you're in?

[Anonymous No.19359054]

>>19358755
Yeah they definitely can.

[Anonymous No.19359071]

>>19359051
Hey retard, they’re called GOLDBACKS, and they are POLYMER with GOLD INSIDE. That is if you’re not FUDing.

[Anonymous No.19359073]

>>19359020
It feels abnormal though, was it really that catastrophic of a spread that you would have that much gold move?

[Anonymous No.19359080]

>>19359071
It doesn't look like an American Eagle or Buffalo to me. Wipe your ass with it!

[Anonymous No.19359081]

>>19359014
Exactly. No value. If gold and silver are used for jewelry who is going to be buying jewelry when they are unemployed?

[Anonymous No.19359082]

>>19359073
Yes it was quite big during the corona panic when flights weren’t available.

[Anonymous No.19359088]

>>19358314
Gee I wonder (((who))) could be behind such a post.

Your days are numbered.

[Anonymous No.19359106]

>>19359009
>>19359054
70's, Madison Mint and one I've never heard of called NATIONAL. Did come with 1 non holiday bar, its a car design with a 1955 crown victoria on it.

[Anonymous No.19359108]

>>19359080
Enjoy spending your buffalo on a bottle of water. I’ll spend 1 goldback.

[Anonymous No.19359110]

Is platinum worth getting over gold?
If so, how much should l pay for an ounce of platinum?

[Anonymous No.19359112]

>>19358697
>when when Silver was down to $6/oz around the year 2001, then by 2011 it was at $40/oz
the problem with physical is dealers know the price isn't going to stay that high so they just stop buying for a day or two at the peak.

so unloading physical metal at the top of a moon shot is pretty dang unlikely.

[Anonymous No.19359127]

>>19359108
k keep me posted

[Anonymous No.19359154]

>>19358964
Yes, it is the nature of it. What I find so appalling is that there are certainties, but they are not the ones that people talk about. The certainty in PMs is how much the middleman makes selling your PMs and buying them back when you desperately need to sell. That to me is shit, and it should be something that more people are concerned about (especially when it comes to calculating the loss of value you might have gained over the time you held the commodity).

As for 'amazon being x', that's why the most effective over long term investment strategy has been to diversify. Sure if I threw everything I had into Amazon decades ago, I'd be rich now. But that's not something the average joe can risk, and professional investors wouldn't risk that either. BH can lose billions like they did in March, but they make it back very quickly, and no one bats an eye over that.

I know I won't get an answer about 'when will silver go up', that's part of my point. An Anon will make a financial decision that affects his short term funds based on a belief that 'silver will go up' (as an example); how can this decision be made if everything (timeline, value, etc.) is unknown? How does an Anon know how much silver to buy? All of these calculations are built on air.

>>19359081
Another Anon mentioned the solution to this one; apparently PM dealers buy the jewelry and sell it to the refineries to melt back down and turn into either more jewelry or bullion. To sell back to the customer when they feel they need to invest in PMs. It's a cycle, and they pay for the privilege every step of the way.

>>19359088
I recoil in horror at your post!

[Anonymous No.19359175]

>>19359154
Oy vey! Suck my penis you nigger.

[Anonymous No.19359196]

>>19359175
So, I'm Jewish because I hate other businesses that make more money than me and I'm black because...I complain without offering solutions?

[Anonymous No.19359222]

>>19358422
The last will and testament I posted suggested that the dictator of the Philippines held derivatives well into the quardrillions of dollars, which is an absurd sum. Even assuming that most of that was from derivatives, it would mean that there were still hundreds of trillions in underlying assets.

While the SWIFT receipts are older, the one called SWIFT2 shows that there is an account in the system called 'white spiritual boy trust' with a balence of over $600 trillion in October of 2015.
SWIFT1 shows the bank of Indonesia moving 750,000 metric tons of gold (over 24 BILLION TROY OZ of GOLD) to JP Morgan. One, that is a fucking ridiculous quantity of metal. Two, what the fuck does JPM need that much for? They aren't a vaulting service, and I doubt they had a dept to settle with the Indonesian bank totaling in the quadrillions of USD... This was in May of 2009

SWIFT3 shows that in April of 2009 JP Morgan sent 5 trillion USD to the FED. Again, what the fuck is a private institution doing with 5 trillion in transferable assets, not even derivatives.

[Anonymous No.19359252]

>>19359154
>how can this decision be made if everything (timeline, value, etc.) is unknown? How does an Anon know how much silver to buy? All of these calculations are built on air.

That's every single investment you fucking turbokike.

You glowniggers make it so easy to spot you. Fuck off.

[Anonymous No.19359270]

>>19359222
> *honk honk*

[Anonymous No.19359289]

>>19359222
Is JP Morgan being used as a broker between countries (potentially a neutral one)? Are they actually a front to hide immediate declaration of the transactions? I have no fucking clue Anon...I'm just guessing here, but those come to mind. I mean, realistically: how does one country transfer gold to another? Who verifies the amount? Who secures the amount? etc. There has to be someone who does this that is a neutral party...so wouldn't JPM be a possible candidate?

>>19359252
Not if you're the one running the casino.

>thanks for calling me 'chosen at a fast speed'. Now I'm not only chosen by women but chosen by G*d as well, very fast very fast.

[Anonymous No.19359296]

>>19358910
>2) I agree that all currencies are fiat based on nothing; they're not tied to limited resources. Unfortunately, I haven't yet found evidence that the value of gold and silver is based on anything other than...what people value it as. Because that value changes with supply and demand, then it gets close to fiat, does it not? Just a thought. cont

And the Jew rat is fucking caught.

The reason gold and silver hold value over fiat is the government can just print it into oblivion. Can't print gold and silver.

>Much asteroids

It takes $10,000 to put one pound into space. Good luck sending thousands of tons of mining equipment to space and recovering it again.

Like rat. Your days are coming.

[Anonymous No.19359307]

>>19359289
You're not wanted here.

[Anonymous No.19359373]

>>19359296
Govt can't print gold and silver. They can control the supply and how much is in the market. While you're at it, you might as well buy diamonds. They're unique, they last a lifetime, and they're precious.

>>19359307
I'm everywhere.
>pic related.

[Anonymous No.19359394]

>>19359289
I would almost think of them less as a middleman and more as an extension of the US government at that point. There's no way you'd trust even a neutral party with this kind of backroom dealing. It almost seems like Indonesia was holding onto gold that didn't belong to them. I mean if your government's bank held that much real money, you'd have to be a power player at least regionally, right? But they aren't, they're a haven for other people's gold, that got moved to JP morgan, and from there at least some of it probably went to the US treasury under the table.

[Anonymous No.19359406]

>>19352369
Hey bro, you like goldbacks? I have a full set with a damaged (peeling plastic) 25 and 50 bill due to improper storage. I’m looking to get rid of them because I only wanted them for the collector’s value. I’ll sell you the full set for their face value in gold ($155 or so). Interested?

[Anonymous No.19359432]

>>19359307
We're trying to discuss phantom gold payments and shadow governments moving ungodly levels of real assets into their coffers via SWIFT, and we only know about it because someone in the system found the wire recieps and leaked them, presumably at great fucking risk

Do you have any documents you'd like to add, faggot? Or would you prefer to yell 'kike' at a poster trying to help figure this out?

[Anonymous No.19359451]

Imagine bag holding silver for 5 years

[Anonymous No.19359459]

>>19359451
give me ulcers

[Anonymous No.19359461]

>>19358910
>>19359014
I'm not saying research is a waste of time, I'm just saying dont let the research youre doing prevent you from coming to your own conclusions. PMs are not a hedge against hyperinflation exclusively. Just look at the charts during 2008. There was no hyperinflation but the value of gold following the mortgage bubble popping skyrocketed because the public deemed it a tangible and safe investment. Maybe gold is no different than holding a foreign currency. But how do you pick your winner then? Is gold not the universal currency? I would never want to try and pick the winner in the global fiat market, it's exhausting just thinking about doing it lol.

I have no logic for why gold and silver hold value other than "it just does." I cant explain to you why humans have used it for thousands of years as money. In many ways that mentality has phased out because credit cards and cash are so normalized now. Even small children know that coins are made of "worthless" metals and it costs more to produce them than theyre worth. Maybe gold and silver have hit the end of the road, maybe not. I dont think theyre done just yet.

If the banks have access to a form of crypto they can control and it saves them money I'm sure we'll see adoption in the future. I could see it happening within our lifetimes. If I remember correctly from that video his recommendation is something like 5-30%. And that's not a cop out. It's your money invest it how you want. There is someone out there who thought "what if I invested in opening a starbucks that had hot baristas wearing skimpy bikinis" and 99/100 people would have told that person they were a fucking misogynistic psychopath that was gonna lose all their money. But you want to know what? That idea is a reality now and someone out there is turning a very nice profit on that concept. Objectivity when speculating is impossible, the future is unknown. It's your money do your own research and pull the trigger.

[Anonymous No.19359466]

>>19359373
Yes because JP Morgan and the Chinese are stacking diamonds. Fuck off, Kike.
>>193594307
Paper assets. Now fuck off, Kike.

[Anonymous No.19359473]

>economic collapse
>economic reset
>recession
>inflation
>national gold/silver backed crypto
>things go back to normal
>things are never the same
>housewives are well to do
>housewives no longer well to do

Assuming one or more of the above will have to happen, which is the better buy? Gold bars or gold coins? If coins, then US coins since I live here or the cheapest coins? Cheapest seem to be Philharmonics, even the Austrian Ducats are pretty low and are .1104 gold per coin.

[Anonymous No.19359479]

>>19359106
Those sound cool as hell, grats anon. Generic rounds are boring. Do they have any toning?

[Anonymous No.19359493]

>>19359473
US coins aren't subject to IRS reporting and taxes

so the US pays you to choose them

[Anonymous No.19359506]

>>19353159
wtf is with the googley eye
tell me thats a reproduction saya

when will my l6 come from korea

[Anonymous No.19359576]

>>19359394
Hmm...well, I think of it this way. The US might not trust a neutral party...but wouldn't Indonesia want one and not one that is either in the pockets of or directly controlling the US? So, a neutral party is required...unless Indonesia was strong-armed into the deal (which is absolutely possible).

This takes me well out of my knowledge. To me, all international debt is an illusion; it all looks circular (I owe him who owes him who owes him who forgives the debt of him who defaulted who owes him etc.). I mean...is it really real anyway? Or is it a case that the gold would be gotten through threat of sanction, threat of withholding trade, etc.? I can't imagine the US using military force against Indonesia to get back gold...lol It would be hilarious to see it happen though...Your guess is as good as mine.

>>19359451
It's a tough one. That's why I'm still not sure about stacking, but the Cthulhu is really growing on me.

>>19359461
Interesting: my tradition has been to put some savings in US dollars, as historically it has been beneficial to every currency that I've ever had to live within. There hasn't been anything stronger in my lifetime, in other words. So that's where I'd start. But I do remember when investors were saying that I should invest in emerging markets like'Brazil (remember before Rousseff was elected?), China of course, Japan back in the 80s, etc. Is the Yen okay? Yeah....but not like the USD powerhouse. You can go on vacation in nearly every country in the world and a US dollar is not only accepted but preferred by locals and businessmen who want to be off their records for tax purposes. I've never encountered another currency like that, though the Pound Sterling held that status in the commonwealth before the great exodus. Because of the petrodollar, USD is the universal currency. Today, anyway, and probably tomorrow as well.

The issue of gold and silver holding their value
cont.

[Anonymous No.19359673]

>>19359106
I do like old bars. I have some Madisons too. Anon offhand I'd say it's a worthy stack and to keep it.

[Anonymous No.19359674]

Platinum Chads where you at?

[Anonymous No.19359676]

>>19359461
cont.
I'd agree that human behavior has a lot to do with it. What is the problem to me is that if the USD is ever untied to the petrodollar, the govt would have to find another way to make their currency as valuable internationally as it is now. Having it backed by precious metals could be a way to do that, but with Russia and China buying gold from 2004ish until the mid teens, their stockpiles have been growing while the US has been diminishing (remember the reports of Merkel not being allowed to see Germany's holdings in the Federal Reserve? Then when they got the gold back in Germany they found that the serial numbers didn't match up? lol lol).

Children don't know that coins are worthless at all; give them a shiny NEW uncirculated large coin and they'll treasure it if you tell them it's special. C'mon Anon, don't you have younger siblings/cousins/family? Children are very easy to trick in this manner, because they act like animals. Humans like shiny objects because of their rarity in nature. It's that simple.

I don't know if PMs have hit the 'end of the road'. I think they'll always be around to be used, like oil. The issue to me however is if investing in physical bullion is better than other strategies that are available. That leads me to agree with much of your last paragraph. But Anon, you betray yourself:

>...told that person they were a fucking mysogynistic psychopath...

Where do you live? Doesn't Hooters still exist?

>>19359466
Don't worry, diamonds are a girl's best friend. You can't escape it if you want to marry, and you can't have a family if you don't marry. You see how this works? It's so...elegant.

[Anonymous No.19359703]

>>19359154
When you sell a house or a car or stocks there are associated costs too. Cash/barter deals are the best deals. No paperwork, no taxes, no fees - just business. You will get bent over liquidating any asset but especially if it's out of desperation. I feel like if youd spent any time at all understanding why people say silver will go up you wouldnt be saying this stuff. The price has absolutely been manipulated by JPM. The rate at which it is mined is 8:1 to gold. It's extremely valuable in the industrial sector. If you disagree with holding physical silver but you want to make money on it after reading up on it then just buy SLVR stock and be done with it.
>How does an Anon know how much silver to buy?
Well, you take however much money you have to invest in anything and then you take a % of that and that's how much you spend on silver or gold or plat or gold or whatever you want. I truly dont understand how youre making this out to be a complicated process when it isnt. It seems to me youve already made up your mind but youre feigning ignorance.

[Anonymous No.19359705]

>>19359576
I think Indonesia may BE the neutral party, or at least the go to vault for some very, very old money that's involved in some very, very bad things. It could also be one part of a paper trail where the gold was in Indonesia, moved to JPM, then from there who knows what chain of institutions it moved through, or where its gotten divided.

The point is, at the time point of april 2019, 750,000 metric tons of fine gold were in transit. To me that's more important than its current whereabouts.

Then there were the rumors that swirled about this same quantity of gold being discovered in 20-odd stripes in various banks, and them being seized by the US government. But that's rumor for now.

[Anonymous No.19359707]

>>19359461
>99/100 people would have told that person they were a fucking misogynistic psychopath
What fucking hellhole do you live in?

[Anonymous No.19359733]

>>19359676
>Don't worry, diamonds are a girl's best friend. You can't escape it if you want to marry, and you can't have a family if you don't marry. You see how this works? It's so...elegant.

What is this bullshit? Babbys first redpill? Fuck off, Kike. CIA niggers get the rope.

[Anonymous No.19359749]

>>19359733
For fuck's sake, he's just larping as a diamond (((merchant))) at this point to fuck with you and the other room temp IQ that started sperging on him earlier. Learn to read.

[Anonymous No.19359809]

>>19359749
Fuck you fag.

[Anonymous No.19359820]

>>19359703
Completely agree with most of what you're saying up until "spent any time...understanding...silver will go up". I started at this 3 days ago Anon, I'm trying to learn all I can before pulling the trigger. If the price has been manipulated by JPM, so be it. Does that prevent them from continuing to manipulate it to their advantage, and if not, how does one predict the value of the investment and returns? It's not the data you tell me that is suspect in my mind, it's the value of the data with regards to outlay and profit. I'm not convinced that this is better than putting money into a generic 'walk-through-the-door' beginner's savings account that gives you a return just slightly over inflation. Especially given the associated costs.

The second issue you bring up (i.e. not knowing how much to invest) is a huge issue to me, because settling on a % of my income or wealth is not in any way comparable with the needs of the real world if these assets need to be relied upon. C'mon now; if you're making a million a year, 30% in PMs will hold you over in economic annihilation if you severely decrease your living expenses in a hyperinflation mad max. If you're making 80k, then 30% won't be enough. That's my point.

When advisors calculate what you need to invest for your retirement, for example, hard numbers for living and quality of life are required in order to start the calculations (taking into account, age, health, inflation, etc.); that's how you know to invest 'at least 2000 a month for 40 years' or something like this. But stacking so far seems to be a crapshoot: invest x% of your choice and...you will be...better than someone who didn't....if the economy tanks...or if hyperinflation happens....? That's shit man, sorry, but it's true. Gimme hard numbers, or then we're stuck with, 'I'm buying shiny things that are cool because I like them". At least that's the direct cause, and the honest reason the only thing I want to get is the Cthulhu

[Anonymous No.19359847]

>>19359707

My bad it was just a shitty way of expressing that sometimes what MOST people would consider a bad or underwhelming idea can do really well. This shit is tiresome maybe I'll be back later but I'm out pce.

[Anonymous No.19359875]

>>19359847
Good night anon.

[Anonymous No.19359911]

>>19359705
Why? I mean, is Indonesia considered a safe country to store this sort of thing? If I had very very old money, why not the usual places (Switzerland, USA, etc)? Why southeast asia? That's suspect, at the very least. It's a tough one.. If Indonesia is the neutral party, then who's the primary?

As for the gold being seized by the US govt...well, that can happen anywhere. Maybe the gold in Indonesia was from the drug/prostitution trade...that stuff is huge there.

>>19359847
I do understand what you were saying; I understand it's tiresome. I'm trying to get to the bottom of it all, trying to get hard data to determine why I should even bother with PMs.

I'm haunted by what Warren Buffett said years ago: would he rather have a gold cube worth his current financial value or farms. His answer was farms because they can do things and make money, whereas the gold sits there. I haven't found anything that goes against this, which makes PMs seem like just another thing to buy, only they don't devalue as normal possessions do. I keep coming back to the same question: why would I invest in physical PMs instead of a diversified portfolio of stocks, bonds, etc.? Is there any reason at all? That's the question I'm trying to answer....

[Anonymous No.19359952]

>>19359847
Oh, sleep tight stacker! I appreciated our discussion!

[Anonymous No.19359957]

>>19359809
Do you really not get that when you're that gullible, people on this site are going to pretend to be the boogeyman just to fuck with you? The guy is having discussion in good faith on the short term hedging power of PMs, and you immediately jump on him. You can post whatever you want, but only if you prove you're not cut first.

>pic related is what my seafaring, copper mining, ancestors handed down to your slack jawed Mediterranean forefathers almost 10000 years ago.

[Anonymous No.19360065]

>>19359957
Sorry, I re-read your post regarding the dictator of the philippines having quardrillions of dollars...isn't that because of the last couple of years of total deconstruction of the drug trade? He clamped down on everything and killed criminals without shame or concern....Considering that the country is in poverty, and continually subject to natural disasters (which the govt doesn't seem to aid very well)...well, I think it's certainly possible.

Also, they could have been paid off to do these extreme measures; in the short term, they look like the bad guys for ridding corruption without a 'fair' trial, but in the long run they might have wiped out one of the centers of drugs in SEA; beneficial to the US? Beneficial to China? Someone could have paid them for it...Anyway. Just a few thoughts.

Also, regarding the detractors; they're young, and that's okay. There is always a time when using language that would be verboten in real life is a welcome release. Forgive them, as others may have forgiven us back in the day.

>you come from seafarers...then we are brothers of a kind.

[Anonymous No.19360153]

>>19360065
Concerning the Flip dictator, that's an older document attributed to Ferdinand Marcos, not the 'kill all druggies guy'. Marcos was your typical tinpot shithead, but he was willing to play nice to stay in power, and it may well have been the case that he supposed to hold onto that gold stash for a generation until TPTB wanted it somewhere new after the dictatorship ended. Indonesia may seem random as a global 'stash house', but isn't that a great reason to put it there? Don't we advise people here to hide gold in places where no one would look, rather than the obvious safe (I.E. Swiss accounts)?

I don't think that kind of gold stock belongs to a nation state as much is it belongs to the kind of 'monetary royalty' that make sure to stay off the "richest people" lists.

Rome was right about Carthage though. Molech lovers get wiped off the map.
>Day of the salt when

[Anonymous No.19360229]

>>19359957
You're talking about the greeks or are you talking about a different copper seafaring civilization?

[Anonymous No.19360251]

>>19360153
Then sadly I definitely don't have any other ideas or speculations on this. Maybe Indonesia is a good stash house because no one would look....but isn't the region too potentially volatile for a monetary royalty to trust? Most of the ones we know about put their wealth into property and just multiply their wealth; putting it in a shithole country that is potentially unstable militarily without potential for growth is...unlike them somehow. One would want easy access to the funds, easy transferability, etc.

Unless of course this WAS the stashhouse, and the decision was made to move it to the US for better stability/security, hence the transaction. Eh, this is even worse than speculating on gold coming down....lol

[Anonymous No.19360280]

>>19359222
>SWIFT1 shows the bank of Indonesia moving 750,000 metric tons of gold

That's 3x the gold that's ever been mined you fuckwit

[Anonymous No.19360376]

>>19358561
You didn't really crack open that monster box did you?

[Anonymous No.19360452]

>>19356885
Gafilta fish

How do you know? Break off gold pieces investment soon?

[Anonymous No.19360467]

>>19360376
its bullion, its worth melt anyway

[Anonymous No.19360526]

>>19351869
I've got 3 ozt in 1/4 APMEX rounds up for auction on ebay.
Bid up to $80 now, with 4 days left in the auction.
$26.66 an ounce.

[Anonymous No.19360566]

>>19358561
One of the most impressive stacks on pmg, can’t take a decent photo to save his life.

[Anonymous No.19360577]

>>19360526
I'm going to bid up your auction and then cancel after it closes.

[Anonymous No.19360588]

>>19352391
Maybe you should listen to what the markets telling you if dealers are selling at a massive premium and buying at a discount, and no, its not “massively undervalued”

[Anonymous No.19360609]

>>19360588
Which is why I’m not buying it.

[Anonymous No.19360659]

>>19360229
Soltrean theory new world colonization. All that copper that led to the bronze age? it tracks back to the only place on the planet with naturally occurring, almost pure copper. What is now Michigan.

The idea being that early Europoids (who were not yet even white) made it to north America via sailing along an ice sheet. They had a diet heavy in shellfish, leaving piles of shells the size of houses, indicating industrial drying and harvesting operations.

All this almost 10000 years before people crossed the Bering land bridge in 12000 BC. All the native legends about wiping out a race of giants with blue eyes (a diving adaptation) come from this. During the younger dryas event (YD), a massive lake held back by glaciers was unleashed by rapidly melting ice. Global sea levels rose almost 230 feet, what civilization existed at this point got set back hard, and surviving solutreans were killed by asiatic nomads, bred into their population, or established a trading civilization with European s which were no longer under an ice sheet. The oldest genes for blue eyes are from a bog body in Florida. The oldest genes for blue eyes in Europe appear in Iberia, where these people would have landed.

Unironically, we wuz kangs.

[Anonymous No.19360701]

>>19360577
yeah I know you are
that's fine. I'll retaliate when you least expect it.

[Anonymous No.19360717]

hey anyone have any rhodium?

[Anonymous No.19360766]

>>19360280
Then maybe you should write to the good people that paid for it and tell them they're retarded and bought chocolate coins.

Gold has been valuable to humans as long as they've been able to get it out of the ground. We were mining copper boulders with stone tools before we ever conceived of pyramids You don't think that the same sort of people that invent currencies just to fleece the plebs wouldn't be capable of suppressing the actual mined amounts? Particularly if they got a hold of prehistoric (and pre-writing) grave hoards?

Do you think legends of 'cities of gold' were just a series of extremely unfortunate misunderstandings? All myths have some truth in them. I mean we basically used up all the fissile material on earth to bomb the Japanese twice, but do you think we gave them accurate amounts of refined uranium in storage?

[Anonymous No.19360813]

Which is considered the better brand to get for gold? PAMP or Perth? They are the only ones in stock it seems on most places. Valcambi too for their regular bars. So ill include them too.

[Anonymous No.19360856]

>>19360659
You know copper is literally named after the island of Cyprus, right?

[Anonymous No.19360857]

>>19360813
people are slutty for perth right now, be honest so am i. scottsdale mint is also restocked on their 1oz too and their a bit less in premium

[Anonymous No.19360878]

>>19351869
partial stack

[Anonymous No.19360881]

>>19360813
Obscure European restrikes or SA 2 rand coins.

[Anonymous No.19360972]

>>19358146
If you're talking about that one Bosnian guy who did the whole one year in SHTF Hell then he was proven to be a falsified cunt

t. /k/ommando

But in a SHTF situation like that bullets, guns, meds, hygiene products etc were the worthwhile investments

[Anonymous No.19360995]

>>19360766
Except mining operations are massive and I'm the open. You can see a fucking giant slab of ripped up earth from miles away. This isn't some JFK conspiracy where you can meet behind closed doors. If they have all the gold they would reenact the standard to take power away from everyone. Kill yourself Kike shill rat.

It's clear you're a CIA glow nigger sent here to demoralize the board. The white man is waking up. Your days are numbered, Jude.

[Anonymous No.19361016]

>>19360856
You know Cyprus, and the Minoans that lived there were known to have entire rooms lined and plated in copper early in their history, but didn't have the technology to process the cuprite on their island into refined copper much later, right?

You know that Cyprus was a historic trading hub in the region, and that the Minoan people were part of a world market in copper metal, and likely the distribution hub, and that we've found the Newberry Tablet in Michigan written in Cypriot/Cretean sylabary basically next to ancient copper mines, and that Minoan pots were found in Louisiana dating from the same period, right?

And that the Olmecs used the same tile on asphalt technique the Minoans used for mosaic laying during the same time period (suggesting contact) and Michigan copper wound up in the grave goods at Hallstatt, where it was likely traded for salt, right?

[Anonymous No.19361029]

>>19360857
I didnt know scottsdale had their gold back, thanks for the tip. I like their silver bars a lot

[Anonymous No.19361030]

>>19361016
Go back to /x/ Holy shit. Glow niggers in full force. Your time is up Jude. Leave.

[Anonymous No.19361053]

>>19360766
They told the fucking Spanish about gold cities on the other side of the fucking Amazon so they would fuck off and die in the jungle. What the fuck? The CIA hires schozos now?

[Anonymous No.19361078]

>>19360659
Fucking niggers in Africa have blue eyes too. Go back to /x/ you fucking mongrel piece of shit

[Anonymous No.19361117]

>>19361029
https://www.scottsdalemint.com/product/1oz-scottsdale-gold-bar-certi-lock/

yeah i checked this morning and it wasn't in stock. not a fan of the lunar whatever theme the other one is

[Anonymous No.19361178]

>>19360995
You literal untersmench do you think that has always been the case everywhere? When European explores finally got to the interior of Africa there were literal piles of mineral wealth that hadn't been yet extracted by the locals just sitting at or near surface. Naturally that got picked over pretty fast soon after. When man first started grabbing the gold off the top of the earth, he didn't have writing, and by the time of the YD event his civilization got set back so hard it took about 4000 years just for the Egyptians to really get a complex empire running. That was an event so widespread in its ability to blot out people and history that we're only now learning about outside of half remembered myths of great floods and cities falling into the sea. There is a lot of 'dark' time in history and any mineral wealth accumulated in it that went into barrows is gone. Unless you find it, pocket it, and cover it back up.

I'm not sure how posting on YD or solutrean migration makes me a demoralization shill, since TPTB will blackball you for pursuing this research academically. I think you should post a timestamped picture of your foreskin

[Anonymous No.19361224]

>>19361117
Their video promo for their 1oz gold bar looks very different from the one they actually sell kek, the assay is all different.

[Anonymous No.19361252]

>>19361178
You fucking retarded schizoid. Gold has always been money. Any they found would be exchanged for goods and services. You think they're going to shove it up their ass for 5,000 years? Bury it until the year 2020 because.....

Fuck off.
You posted some 4 chan screen caps as evidence.

LOL

[Anonymous No.19361274]

Why is gold dumping?

[Anonymous No.19361285]

>>19361224
yeah idk when they did their promo, but their description says heraeus as a co brand. wonder if that has anything to do with it

[Anonymous No.19361322]

>>19361285
>heraeus as a co brand
I thought scottsdale did their own here in the USA with USA mined gold, not with some swiss brand

[Anonymous No.19361340]

>>19361274
Because stocks are at their dead cat bounce apex and everything is correlated

[Anonymous No.19361347]

>>19356596
>>19356596
I've seen your picture 5 times and I will still look at it the next time it's posted so you tell me

[Anonymous No.19361359]

>>19361053
If you were actually familiar with this topic, you would know that the prevailing theory was that the Spaniards saw how the locals in what is now Venezuela used gold, silver, and platinum freely in jewelry and building adornment, so coming from a Spanish empire that had used money since forever, they assumed this meant they must have a shit ton of it hidden somewhere if they used so much of it, since why wouldn't they? However the natives had developed metal art, but not an economy complex enough to require money. And while you can trade copper, tin, and iron to make tools with, PMs suck for it. So the Spanish then raised hell trying to find the mythical mega gold city.

The point being, there was a kernel of truth to the idea of 'El Dorado' or 'Cibola' or 'the 7 cities of gold' in that some of their very oldest myths, particularly those tied to the Cloud People in Peru talk about their ancestors living in such a place, but that's all we know. People would have to be transacting in money (which takes a while to figure out, historically) before having a golden city is cool for any reason besides the aesthetic.

[Anonymous No.19361397]

>>19361274
Because all the bears have been proven wrong again and again and still they line up for the slaughter. The recovery is happening, multiple vaccines are already coming, risk is back on. The underlying economy and unemployment will take longer to recover but they will soon enough, and markets are looking a year or more forward past this artificial virus-driven blip.

QE continues to not have any inflationary effect. In fact deflation is happening. Hard data shows this, CPI is going negative, headline, core, and deflator metrics.

The case for gold/PMs is not good. Beware as many shills will come and attack me for just laying out the facts here. Don't listen to /biz/, look at the facts yourself. Sorry to burst your bubble.

[Anonymous No.19361412]

>>19361359
>Le 4chan screenshots

The Aztecs regarded the metal as useless. They used a different type of money. Mainly corn. The gold was valued by the Spanish so they asked where is it. Aztecs said the other side of Brazil. The Spanish died. They did send a lot back though. To Europe. TO BE USED AS MONEY WHICH CAUSED INFLATION.

How about you read a history book instead of autists on /pol/

[Anonymous No.19361575]

>>19361412
I'm not sure why you're posting so confidently when you're patently wrong

The Spanish never attempted to get to the other side of Brazil for a few reasons:
1) the other side of Brazil was Portuguese territory by treaty.
2) the Aztec wouldn't have sent them there because they didn't really know what lay beyond central America and the Spanish wouldn't be dumb enough to believe them if they claimed they did.
3) The Inca and the smaller Andean tribes never told them to go there. South American jungle expeditions were limited affairs anyway until the 19th century anyway.
4) None of the conquistadors record being told to comb the jungle for a golden city

Also, the Aztecs (and the Mayans before them) may have been good at stone working and astronomy, but not metal working. They really never got past stone age tech in tools and weapons. We do know that they transacted with the neighbors they weren't at war with in Jade and food. The Jade went into jewelry mostly, but we know that some of them were using it to transact in, so they were developing currency, but without metal it would be a while before they had proper money, and they probably would've figured gold as exchange pretty fast after that.

TLDR the Aztecs had plenty to steal that they didn't think was worth stealing. Also its not like the Spanish would take their word on anything, they're the invaders for godsake.

[Anonymous No.19361580]

>>19361397
I dont know how to read twitter. Who is the account there I should be following for tips?

[Anonymous No.19361684]

>>19359014
I like your posts anon

[Anonymous No.19361687]

>>19356763
>D. Coins are a safe bet but if you really believe in the metal why aren't you more in equities?
Mining companies subject the investor to management risk. Maybe the managers are liars and the plentiful gold they claim is in the area is a big fat lie. See BRE-X Mining. Secondly, if the gold does exist, will the management pay themselves, their cronies, and their idiot nephews massive bonuses that kill all the profits? Thirdly, what if the mine is in a shithole country and the tinpot dictator nationalizes the mines?

[Anonymous No.19361706]

>>19357871
Yes unfortunately

[Anonymous No.19361820]

What's the make it stack for Silver?

EOY Price?

[Floor stacker No.19361941]

>>19361820
One ounce for a supertanker of asian lolis

[Anonymous No.19362116]

>>19355112
As a seller in a similar situation, all you have to do is claim fraud. I lost my items, all the money received, and to top it all off I had to pay paypal $25 on top of it all as a service charge.

[Anonymous No.19362345]

>>19361575
You're intentionally twisting historical facts to fit your lol tier narrative. How about you post something actually worth reading instead of just screenshots written by autistic shut ins.

[Anonymous No.19362407]

>>19361575
https://www.nationalgeographic.com/history/archaeology/el-dorado/

Wow. You're retarded. That wasn't so hard.

[Anonymous No.19362435]

>>19362345
I think I've discovered the one thing you're not allowed to discuss here.

So far you've posted
>whores
>go back to /board/
>schizo
>UR A JEW
>READ A BOOK LELELELE

Why don't you just post a timestamped picture of your foreskin my fellow gentile. Then you can post actual refutations. After all, if the copper ingots in the oldest European grave goods really are from Europe you'll be able to find evidence of blister copper being dug prior to 8000BC at least in ONE place, right?

[Anonymous No.19362463]

>>19362435
>We wuz Indians and sheeeeeeeeit

Holy shit you're worse than the niggers who say they're Egyptian.

LOL

[Anonymous No.19362560]

>>19362407
Nothing in the article you posted (which is barely an article. Its like 4 paragraphs of actual meat) backs your wild claims that the locals of central America sent the conquistadors into the interior looking for a golden city. It doesn't even scratch the surface of the Cloud People's myths involving such a place. The memory of the ritual of a gold dusted king bathing in the lake seems to be a tradition that died out centuries earlier and was ultimately unrelated. I'm really less interested in what the Spanish were looking for compared to the actual origin or the idea within the mythology. Potentially tied to sun worship, maybe, but we can't say much more unless we find more Cloud People sites. The article also doesn't address the fact that a similar golden city myth cropped up in the American SW, and those natives were much less developed than the tribes to the south

Remember, that tribe was like Troy. We only knew of them from local stories, and they were a batshit legend about pale Andean indians. And then we found their villages.

[Anonymous No.19362622]

>>19362463
You're missing the point smooth brain. Europoids got to NA way before the asiatic migration across the Bering land bridge. In the time between the europoid arrival and the asiatic migration, what we now would describe as a 'white' phenotype emerged in that population. Not in Scandinavia (as much is makes Nordics mad), because that part of the world was a dead ice sheet. The whole point is that NO ONE is a native american. The term is nonsense because its been one giant arena from the start.

The most telling piece of modern evidence for pre-Bering people in NA comes from the domestication of the camel. Modern camels in Asia and Africa descend from animals that were taken across the Bering bridge FROM Alaska TO Russia. They just BLIP into existence in the fossil record in Asia around the time of the asiatic migration. This wasn't them just choosing to wander up through NA and waltz over an ocean, they were already a domesticated species. The first camel jockey was some guy living in the Colorado/New Mexico area.

[Anonymous No.19362649]

>>19362560
>a similar golden city myth cropped up in the American SW, and those natives were much less developed than the tribes to the south
they didn't even have words for gold or metal or city.

so some rando European dude shows up and asks his translator to ask the Indians about a golden city. This translates to "yellow camp" or something similar. They've all seen the pueblos so they say "sure, yellow camp just north a ways." translator says "sure, golden city a little ways over there." Rando European dude gets super excited because he doesn't understand the damn Comanche have never seen gold, never seen a city, never even seen metal before. They don't even have words for those things.

[Anonymous No.19362724]

>>19362622
Provide evidence. Not 4 chan screenshots you fucking midwit. >>19362560
Provide evidence for Troy.

[Anonymous No.19362726]

>>19357100
I have my stash in a box hidden under my dildo/sex toy box.

[Anonymous No.19362815]

>>19362649
>They don't even have words for those things.
imagine believing this

[Anonymous No.19362830]

>>19362649
Which is the point I was trying to get across. I don't doubt that there are no giant cities paved in gold somewhere in a box canyon beneath the rain forrest in Brazil.

I'm interested in trying to follow the original game of India-translation-telephone back to whatever it was the natives were trying to explain, but couldn't.

Maybe, like you point out, its as simple as 'yeah the yellow camp is north' or 'the sunset-people' becomes the golden people. But, there's always the possibility that following some of these crazy old stories nets some real acheological value. Consider that people assumed for years that Lake Parime was just as much as a myth as El Dorado. It took until 1977 for them to discover that a lake matching its description used to be where it supposedly sat, until it was suddenly drained, presumably by seismic activity. This find led to petroglyph discoveries all along the old level of the waterline.

We just have so precious little information about history and people before the YD event, any little bit we can glean from trying to follow these crumbs is worth it. But people immediately shriek at any version of history that they didn't have ladled into their skulls. Its like you try to talk to them and Agent Smith pops out.

[Anonymous No.19362855]

>>19362815
why would they have words for things they'd never seen before?

they had words for similar things though, and that caused even more confusion in the SW.

One of my favorites is the Mormon gold story. The Mormons arrived in Utah and found it already well stocked with Indians. Prominent among the many tribes were the Utes. In fact the first indian they met in Utah was a Ute chief named Yahkeera, which they Americanized to "Walker." Yahkeera's name literally means "keeper of the yellow metal." So Mormons of course concluded he had a shitload of gold somewhere and people today still hunt for it.

in real life he had killed a US soldier in California and wore his jacket with brass buttons. So historians usually translate his name to mean "brassy" or "brass buttons." But the misunderstanding has spawned thousands of treasure hunts and hundreds of lost mine tales. Almost all of which are certainly myths based on simple misunderstandings of language.

[Anonymous No.19362935]

>>19362830
>people immediately shriek at any version of history that they didn't have ladled into their skulls. Its like you try to talk to them and Agent Smith pops out.
anyone that digs for more than 5 minutes will reject the "official" narrative pretty quickly. We've recently discovered that humans were in the Americas about 20,000 years earlier than we thought, and then there was that supposedly Caucasoid skeleton found in the Columbia river valley some years back. I recall the forensic anthropologists decided the initial interpretation was mistaken, but the archaeological community wasn't shocked by the idea or anything.

I'd bet you already know all this though. The kids here might see your views as fringe or questionable, but I sincerely doubt archaeologists would be offended by them.

[Anonymous No.19362956]

>>19357100
I promise only to sneak into your house and clean your old silver. I’ll aniff your gold but put it back.

[Anonymous No.19362969]

>>19362815
He's not necessarily wrong on that point. The Comanche didn't have their own word for iron until the mid 1800s, but they are an outlier in terms of tribal development.

>>19362724
Wait, do you actually not believe that Troy existed? We have the ruins which were destroyed in the bronze age, abandoned, then eventually rebuilt. Finding its ruins was the highlight of Schliemann's career, and as late as 2001 a 24 year geographic study concluded that the modern geography of the region match perfectly with the Iliad accounts in a way that doesn't happen with any other works set prior to the Greek dark age. Its now a UNESCO site.

However I can only provide this evidence to you now, because the archaeology was done in the 1860s. And right until they were digging bronze age citadel foundations out of the ground, everyone called them retards and the correct, enlightened opinion was that Troy was a myth, and all the figures that supposedly went to the ruins to pay honor to fallen heroes at their tombs were touristy suckers, and all of human history had been correctly figured out in the 19th century.

We are currently in the same boat as Schliemann was regarding the population of the new world. The protoype for this theory would be Sandia man Theory posited by Frank Hibbens. I don't have a free link to that for you. However, he didn't have access to the Oxford metallurgical studies comparing European grave goods to samples from The Old Copper Culture in NA.

[Anonymous No.19363032]

>>19361274
Because stocks move up and down? I have 50% of my portfolio in Gold, and it'll have to drop by 20% before I get anywhere near the level I bought in at March. And that's what Gold has been doing, dropping by 2% every 3 weeks, before rocketing up by 10% in a day.

Fags like:
>>19361397
Think inflation happens a month after printing money, or that a vaccine was ever really the problem. People and Corporations were living paycheck to paycheck, weighed down with huge debt, but now even that's not enough. Some of the government money they are giving out will stop..... But not all of it, and we'll watch this cycle of print money and tax continue.

[Anonymous No.19363280]

>>19362969
>region match perfectly with the Iliad accounts in a way that doesn't happen with any other works set prior to the Greek dark age
Except that no archeologist except the crackpots make that point LOL

Holy shit. Do you believe in ancient aliens too?

[Anonymous No.19363292]

>>19361397
>QE continues to not have any inflationary effect. In fact deflation is happening.
Try asset, real estate, and medical costs you absolutr fuckwit.

[Anonymous No.19363539]

>>19359032
It's just a standard axe from a tool shop

[Anonymous No.19363637]

>>19358948
gardening

[Anonymous No.19363657]

>>19352637
I agree with Anon. Save fiat for guns, trades are for blowjobs when the banks blow sky high. Shit most gun stores have lax layaway.

[Anonymous No.19363747]

My grandfather wants to sell me his krugerrands for spot price. I was debating buying 5 asap. Should I wait a little bit for the spot price to drop?

[Anonymous No.19363768]

>>19363747
Tell him you'd feel like a criminal paying spot price for his Krugs and you wont give him less than $19 per coin.

@history stackers is this dude based or retarded?
https://www.youtube.com/watch?v=Rxmw9eizOAo

[Anonymous No.19363823]

>>19363280
You’re an idiot if you don’t think aliens are real. I’m guessing you’re an anti-vaxxer, flat earther, think we’ve never been to the moon and that 5G is deadly

[Anonymous No.19363824]

I have 4.25oz+12 grams of gold and 340oz of silver. It's time for me to buy my first gun. Ive never shot one. Any advice? I live in AZ so laws are pretty lax. what do?

[Anonymous No.19363835]

>>19363747
Do it, but don't take advantage of your grandfather. Unless he insists on your stacking amount leave him some Krugs

[Anonymous No.19363851]

>>19363747
just wait until he passes away and they are yours for free.

[Anonymous No.19363855]

>>19363637
Lol

[Anonymous No.19363891]

>>19363824
Get training! I don’t care id you only get a .22lr rifle, get in person training.

Then shoot glock, Springfield xd, sig, HK and see which feels better in your hand.

Then pick one of the common calibers, 9mm, 40sw, 45acp. They all go bang, can kill, and do about the same amount of damage as long as you use an expanding projectile. Ie hallow points.

[Anonymous No.19363904]

>>19363891
training is my biggest concern. Where can I find affordable classes?

[Anonymous No.19363909]

>>19363824
/k/ has a pretty good sticky with good information. I'd say don't hesitate on buying a rifle because they're almost always better than handguns apart from concealing and portability.

[Anonymous No.19363911]

>>19363824
Id you’re in Phoenix area hit up scottsdale gun club. They have an amazing selection of guns to rent and buy, even class III fully autos to rent if you can afford it.

[Anonymous No.19363920]

>>19363824
Ayyy what up fellow AZ stacker. The good news is that we have lots of gun shops to pick from lol. Honestly though with tax most of the time it's cheaper to order online and have it shipped to a FFL (federal firearms license) like a pawn shop or gun shop. The FFL will charge you a fee $20-25 to do the background check and transfer. If youve never shot a gun it's hard for me to give advice. There are probably other anons that can help you more. I own one gun and it's a 9mm because it's fun and cheap to shoot at the range but can also function for self defense. I guess the question is, what purpose do you want the gun to serve?

[Anonymous No.19363927]

>>19363851

I wish it was that simple but I have like 7 cousins. Plus I have an asshole rich uncle that acts like a jew. I wouldn't be surprised if he gets everything (including my grandpa's guns) once he does pass away.

[Anonymous No.19363934]

>>19363904
Look up any sort of “ basic firearm safety course” in your area. Anything with an in person class to teach you how to handle and use a firearm.

They aren’t complicated, but if you fuck up people die. So don’t fuck up.

[Anonymous No.19363942]

All of this acquired for under current spot price

[Anonymous No.19363951]

>>19363927
Gladdly buy the coins... tell him thank you and that you appreciate it.

Greed becomes the family norm after a death.

[Anonymous No.19363960]

>>19363920
mainly home defense, but I also would like to go out into the desert and shoot it to get more familiar. I want in person training like the other anon said, but the classes I have found out here seem to cost several hundred bucks for 1 class and there are multiple classes.

[Anonymous No.19364037]

>>19363835

Oh he's got a fuck ton, he's been shilling me silver since I was like 19. I reluctantly bought 2 gold coins in 2017 and was amazed once I realized how much they went up in value so quickly. Since then I expressed interest so he showed me his stack of like 150+ oz of gold. He told me he bought most of it pre 9/11 when it was like 250 an oz

[Anonymous No.19364153]

>>19363960
That seems really steep for just the basics but I really wouldnt know. As far as safety goes I'm sure there's plenty of online videos but they'll only take you so far. How to safely handle the specific gun you end up buying is gonna be slightly different than what you might find online. Also what the other anon said is really true, trying out a variety of guns is the way to go. Sometimes a gun has the best specs the best build quality the best everything - but you prefer the 2nd best because it feels better in your hand. I really wish I had more knowledge to impart. All I know about is the buying part, not the learning part.

[Anonymous No.19365085]

Where can I buy Deutsche Marks?

[Anonymous No.19365216]

>>19365085
Fun shows when they come back

[Anonymous No.19365336]

>>19365085
eBay, and that's a Reichsmark.

[Anonymous No.19366465]

>>19363942
Do you prefer the bars or the coins?