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/biz/ - Business & Finance


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File: 2.79 MB, 3826x3959, coinzzzzz.jpg [View same] [iqdb] [saucenao] [google]
20831712 No.20831712 [Reply] [Original]

>Bullion dealers
https://apmex.com/
https://jmbullion.com/
https://sdbullion.com/
https://boldpreciousmetals.com/
https://bgasc.com/
https://providentmetals.com/
https://www.moneymetals.com/
https://monumentmetals.com/
https://goldenstatemint.com/
https://gainesvillecoins.com/
https://silvertowne.com/
https://schiffgold.com/
https://goldsilver.com/
https://pinehurstcoins.com/
https://sprottmoney.com/
https://goldsilver.be/en/

>Constitutional/"junk" silver info
https://jmbullion.com/ultimate-guide-to-90-silver-coins/
https://kevinsworkbench.com/junksilverguide/
http://coinflation.com
http://coinapps.com/

>Compare
https://findbullionprices.com/

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

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

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

>Test
Nitric Acid
https://youtube.com/watch?v=3mg9YcAShTo [Embed]
Magnets
https://youtube.com/watch?v=NgSXg-WOEVY [Embed]
https://fakebullion.com/index.php/resources/fake-bullion-database
https://fakebullion.com/index.php/resources/identifying-fake-bullion

>YouTube/Podcasts
https://youtube.com/user/silverguru David Morgan
https://youtube.com/user/SprottGlobal
https://youtube.com/user/KitcoNews
https://youtube.com/channel/UCqmToXM7x2tD7-2rs0KvObA
https://youtube.com/user/GoldAndSilverClub1
https://youtube.com/user/whygoldandsilver
https://youtube.com/channel/UCED7G7CZfqdSV9zttlr1M_g
https://youtube.com/user/belangp

Additional /pmg/ resources and info--
https://pastebin.com/8HW6EdGt

>> No.20831745
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20831745

First for cybers

>> No.20831754
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20831754

something something embeds

FWTDHWAHDOQA status "sleeping in and wearing jammies all day"

>> No.20831768
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20831768

Never buy SLV.

https://www.youtube.com/watch?v=9EOPKizJ_Y4

>> No.20831902
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20831902

How ya holdin' up lil anon...

>> No.20831918

Bumping the based real thread. Buy the miner dip

>> No.20831954

>Buying PM's is just converting fiat into real currency
>Making these purchases gives the same dopamine hit as consooming, but we keep the store of value

Are beating ((them)) at their own game?

>> No.20831992

Thank you for making a good thread, OP.

>> No.20832020
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20832020

I actually believe that we have a multiple people dedicating to FUD now. The (((faggot))) that keeps splitting threads is on from 6AM Eastern until about 3AM Eastern, and posts all through the day. Continue to ignore, filter, and report, but it is not just one faggot.

>> No.20832033

>>20831954
You're breaking the programming, anon. WE'RE BREAKING THE CONDITIONING AAAAAHHHHHHHHHH

>> No.20832071

Bought my first gold oz today
WAGMI :)

>> No.20832082
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20832082

>>20831902
Take pics when it arrives!

>> No.20832088
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20832088

>>20831954

>> No.20832102
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20832102

>>20831768
Everyone who bought SLV has a massive gain

Everyone who bought non paper silver has lost bigly

Just listen to The $ilvermaster

>> No.20832131

Today I will remind them that if you cry about silver going down 20 cents after you bragged about paying a $7 premium you are a fatherless retard raised by roastie public school teachers

>> No.20832157

What does the shill get out of spreading misinfo to /biz/lets?

>> No.20832230
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20832230

My dealer has mexican tiddie libertads for $24.50
And I'm not going to tell u where

>> No.20832311

What happens if you microwave silver?

>> No.20832313

>>20831754
>something something embeds
>[Embed] [Embed]
Uh,

>> No.20832341

silver drops 1$
premiums just go up and its even more expensive

>> No.20832419
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20832419

>dollar dropping
>silver recoovering
(((((they))))) cant keep supressing the demand for PMs

>> No.20832459
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20832459

>>20832020
Eventually he'll tire out and get bored. Just like with that other guy a few months ago we spammed the board with hentai, scat and bestiality

>>20832033
>>20832088
Talk about having your cake and eating it too!

>>20832157
Crabs in a bucket

>> No.20832461

>>20832311
Let's find out!

>> No.20832462

>>20832341
They know your greed has no bounds and exploit you evermore

>> No.20832496

>>20832459
And you spam the board with gay pedo cartoons and never discuss precious metals

>> No.20832498

>>20832341
is this really the tactic they're pulling?

>> No.20832532
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20832532

We need a peter schiff anime

>> No.20832635

You guys keep complaining about high premiums but if you buy in person the premiums are super low compared to online

>> No.20832661

>>20832635
They're noobs to stacking and need to get out of their mum's house more often

>> No.20832662

>>20832496
Go have run out in the backyard champ, that should settle you down a bit

>> No.20832690

>>20832532
Maybe he can be in the second season of Trumps bizzaee presidency.

>> No.20832693

>Looking like there is going to be another ~50k deliveries for COMEX silver on the august contract

lmao it's actually gonna default if this shit keeps up

>> No.20832796

>>20832693
Sprott warning sprott warning ead all about it get ur sprott warning!
Just getting in early because this is so important so that I can repeat this from the last thread because of the urgency of speculation compounding FOMO/FUD

"GDXJ and SILJ will get delisted due to Force Majuere soon, and the people here who are foolishly buying options on them will lose everything as they should. This video will explain it all to you in detail but only if you watch it, in detail and with active learning

https://www.youtube.com/watch?v=XliHE6QgljY&feature=emb_title [Embed] [Embed]

You should be doing either one or both or neither of two things,

1) Buying EFTs to hold in your possession i.e. your hands , paws or meathooks, if it's not in your hand at your job you will be canned. Simple as

2) Buying the GOLD and SLV stocks and EFTs on the stock market. This is important!

3) Shorting Sprott EFTs, ETFs and other so called funds of funds. Look into non shared warehouse speciation custodial lots risky scheme ICYMI

Chris Marcus interviewed over a hundred people in the anime futa industry for his book "The Big Silver Shorty Pants," and, when he would ask each one how many owners there are for each mercury dime, he never got an answer lower than 500."

https://www.youtube.com/watch?v=egD6yjimNno

>> No.20832798

>>20832693
i meant gold fugggg

>> No.20832850

>>20832798
Just taking advantage of you suckers who pay 44% premiums

>> No.20832934

>>20832850
not even the correct lame joke since it's gold not silver if you are gonna shitpost at least do it properly since you apparently have all the time in the world

>> No.20832984
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20832984

>>20832796
very confused at what I should be owning right now

>> No.20833042

>>20832693
JP morgan can refuse orders but they still have to fulfill what was promised and what they claimed on hand prior to this fiasco.

That said they're going to face major 0ublic scrutiny when they do default under a trump presidency.

>> No.20833064

>>20832984
Note that ID, it's an unemployed zoomer reject who has nothing better to do than be assblasted and post misinformation on a comfy physical metals general board.

>> No.20833152

>>20832984
Looks fine

>> No.20833155

>>20833064
The YX6GN4An one, not out poor confused newfren.

>> No.20833171

>>20832661
I don’t even have >10 oz and I know that. Anyone who can’t figure that out is just a retard

>> No.20833184

>>20833064
Paper silver is the only real silver you are a dummy who buys .7 silver

>> No.20833200

>>20833152
Should I buy GOLD? (Barrick Gold)

I just own the juniors...

>> No.20833229

>>20833171
That's why they brag about getting fleeced by shlomo

>> No.20833272

>>20832635
>>20832661
It's probably fomo. People are getting emotional and rushing to get something quick

>> No.20833294

>>20833200

sure. i think one thing the majors will transition to, in the coming years, is becoming major dividend payers.

>> No.20833327

>>20832461
feel free!

>> No.20833356

>>20833200
Yes, GOLD or NEM

>> No.20833384

Anyone know where I can buy stuff that will piss off a normie? Things like swastikas, fasces, White power symbol and more? Looking to do it for the meme

>> No.20833420

>>20833356
50/50? in case one has an issue?

>> No.20833445

>>20833384
Get some "all lives matter" stickers and go around planting them on Priuses and obvious libcuckmobiles

>> No.20833456

>>20833384
Not even /pol/ but it would be cool to have a nazi gold bar.

>> No.20833521

>>20833384
>interested in pissing off normies than stacking
ngmi

>> No.20833523
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20833523

>HYPER GOLD STANDARDIZATION

>> No.20833534

>>20833445
I meant pm stuff

>> No.20833587

>>20832796
Why would junior miner ETFs be delisted?

>> No.20833592

>>20833420
Do NOT take that guy's advice. He's a troll who sees disinfo trying to get people to blow their money on bad bets. Stick with juniors for now (more upside) and physical

>> No.20833609

>>20833384
Stacking alone is probably enough to piss off normies, since that's fiat that could be spent on funko pops and other consumer junk

>> No.20833649
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20833649

>>20833609
Pic related

>> No.20833660

>>20833592
Why are larger mining companies a bad bet?

>> No.20833723

>>20832984
Cut financials in half, each. Reduce LUV to be near equal DAL. Increase Vega hedge. If you don't actually have physical metal, get a small amount. increase exposure to a major miner, a token amount of NEM or GOLD - pick your favorite. Consider snagging DBA or PDBC also major holdings of XLU or QLTA or MUB (if fed continues loans to Munis & no unbalanced budget provisions). Keep half of the cash from selling your shit.

>> No.20833751

Why are the miners swinging so violently these past few days?

>> No.20833784

>>20833660
They aren't necessarily bad bets, but they have lower upside potential. I'm admittedly not heavy into mining stock (I only have some junior miners), but wait for others to give you advice besides that guy. Maybe ask /smg/, since they've jumped on this bandwagon hard.

>> No.20833853

>>20833751
Might be co movement or fear of spot not staying high. There's so much room above based on spot that I would say it's confidently a buy for these guys. We've got about $80 of headroom on GDX, kek

>> No.20833879
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20833879

>buy NRGOF @ .27
>NRGOF falls to .16
What the fuck is going on with these miners

>> No.20833935

>>20833751
They've had a huge run up, some investors want to take profits, nothing goes up in a straight line.

>> No.20833947

>>20833723
>Cut financials in half, each.
Brutal :( I was so far up in BAC before this.

>Reduce LUV to be near equal DAL.

>Increase Vega hedge.
Vega hedge?

>If you don't actually have physical metal, get a small amount.
I have 4oz gold and 33oz silver, I'm a long time accumulator over the past five or six years.

>increase exposure to a major miner, a token amount of NEM or GOLD - pick your favorite.
Okay.

>Consider snagging DBA or PDBC also major holdings of XLU or QLTA or MUB (if fed continues loans to Munis & no unbalanced budget provisions).
Interesting. This is essentially a hedge against the stock market?

> Keep half of the cash from selling your shit.
I have another 60k in the bank now, just in cash. I know long term that is a terrible idea, but I'm not confident enough as an investor to know what to do with it yet. I was kind of hoping for a big dip.

>> No.20833954
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20833954

Any of you batboi owners had problems w/ pic related? It's on JM Bullion's website.

>> No.20833972

>>20832498
>drop silver to free
>increase premiums to infinity

bold strategy cotton

I cant think of a better way to discourage physical purchase outside of making it illegal then increasing the spread between spot and actual price.

>> No.20834015

>>20833879

Not familiar with them, but juniors, and especially juniors that small, are always going to be extremely volatile.

>> No.20834084

>>20833879
Could be related to this. Don't know what's so bad about it though.
https://www.newrangegold.com/news/news-releases/2020/newrange-gold-provides-first-results-from-drill-program-at-pamlico/

>> No.20834151

Buying the shit out of this silver dip.

>> No.20834161
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20834161

>>20833879
>retards pay 53% premiums for non paper silver
>retards lose 53% on penny paper silver stocks

Same energy

>> No.20834171
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20834171

>>20834151

Its going to 20-21.

Hold

>> No.20834202

>>20833954
Haha you bought chingchong counterfeit memecoins

>> No.20834218
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20834218

>>20834015
>>20834084
Yeah I am not to worried. I didn't buy it to day trade just felt like screaming for a bit

>> No.20834227

> rolling for gold at $1200 eoy

PMs are shit
> PMs are shit
PMs are shit
> PMs are shit
PMs are shit
> PMs are shit
PMs are shit
> PMs are shit

>> No.20834254

>>20834227
reroll

PMs are shit
> PMs are shit
PMs are shit
> PMs are shit
PMs are shit
> PMs are shit
PMs are shit
> PMs are shit

>> No.20834257
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20834257

Who else paycheck tomorrow and hoping the dip lasts so they can load up?

>> No.20834282

>>20834254
>>20834227
get fucked

>> No.20834300

Got verified to buy from perth mint. If the dip lasts I’m going to stack up for sure.

>> No.20834315

>>20834282
nobody is falling for your non performing assats because

PMs are shit
> PMs are shit

>> No.20834400

Anyone know anything about opening a silver dealership? My area has a lack of PM exchanges and would like to get in on it before silver goes parabolic.

>> No.20834456
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20834456

>>20834227
>>20834254
get fucked loser
PM's twice their value by EOY
CHECKIT

>> No.20834488

>>20834315
>>20834254
>>20834227
you may think PMs are shit but truth is (you) are shit git gud

>> No.20834503
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20834503

>>20834202
I haven't bought anything yet. I'm just wondering if it's a problem people have experienced.
JM Bullion is a reputable source, so if anything, they're the ones who-
>checks ID
Oh, you're the anti-physical shill. NVM

>> No.20834509

>>20834488
BASED HITLER DUBS OF TRUTH

>> No.20834512
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20834512

>>20834488
check'd

>> No.20834526
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20834526

should i buy slv now or wait?
may the ass keep you honest

>> No.20834552

>>20833954
All the batbois I've gotten have been shoved into the plastic cases already.

>> No.20834611

After doing much research and being extremely paranoid about the future, I have decided I need to buy some physical silver. I'm also interested in silver mining stocks, but more so physical.

I'm in the UK. Anyone got recommendations on vendors?

>> No.20834613
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20834613

Fuck all the miners I am watching shit the bed today
oh well time to stop looking at the charts

>> No.20834658

>>20834526
you know people think this shit is hot but i always think about how uncomfortable it would be to have my underwear sawing my butthole
and destroying my taint

>> No.20834683

>>20834171
Yea right.

>> No.20834695

>>20834254
Get fuckd

>> No.20834732

>>20834611
I would shop around, look up some local coin stores, give them a ring and ask what their prices are on stuff.

Find ways to avoid paying VAT, either buy britannias, or use one of the dealers who couriers it, backyard bullion is on YT and does group buys using a courier.

>> No.20834735

>>20834526
That’s a dude

>> No.20834736

>Gold and Silver take a hit
>Miners barely move
The markets already beginning to price in the increased demand for PMs. Miners will moon with the second wind on this Bull Market, mark my words.

>> No.20834757

>>20834526

Imagine the smell

>> No.20834758

>>20834736
should i be buying up more gold and silver stocks today?

>> No.20834768

>>20831712
Burger here, got a box full of old Canadian coin inherit from my grandpa.
Can't wait to sift through it

>> No.20834771

>>20834613
AHHHHHHHHHHHHHHH my miners are down 5% I AM FINANCIALLY RUINED

>> No.20834779

>>20834736
Market will be bearish for the next few days imo. Great time to load up on some silver. REAL SILVER NOT FUCKING A PIECE OF PAPER THAT THE BANK WILL TOTALLY GIVE YOU WHEN SHTF

>> No.20834787

>>20834768
Please take some photos!

>> No.20834804

>>20834613
Keep in mind the lack of magnitude on the loss fren. Back in April and June I recall fluctuating by thousands if Gold even paused. The fact momentums cooled down(for now) and miners retracted by barely 2%(which is leveraged to Gold) is a bullish sign.

>> No.20834876

Load up on random rounds from that Gainesville coins sale or buy 10oz bars / asahi rounds for slightly more, but I know what I’m getting and they won’t be spotted?

>> No.20834879

>>20832020
Shekelstein putting on massive overtime!

>> No.20834905

>>20834779
who has the lowest premiums right now? I'm a long time collector and used to paying a few bucks premiums for gold, and maybe 20 cents for silver rounds. what the fuck is this shit now?

>> No.20834913
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20834913

>>20834736
Don't know what is with the US and Canadian miners, but see what has already happened in Russia.

>> No.20834936

>>20831902
You got raped.

>> No.20834954

>>20834526
sniff sniff sniff

>> No.20834959

>>20834905
Buy in person faggot

>> No.20834977

>>20834758
I know I did

>> No.20835025
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20835025

>>20832082

>> No.20835155

>>20833384
fuck off back to pol if you're more interested in triggering liberals than stacking ounces.

>> No.20835209
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20835209

Should I order silver or gold this week?

>> No.20835223

>>20833660
to me majors seem like a pointless middle ground between physical on one end, and the juniors on the other. Like instead of whatever you were going to invest in majors, just half buy physical and half buy juniors and you'll probably get the same or better risk/return profile.

>> No.20835243

>>20832661
I’m paying about $4 over spot per ounce in person at my local dealer. But I buy in kilos.

>> No.20835246

>>20835209
Why not both?

>> No.20835276
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20835276

>>20835246
200iq post, you are a scholar and a fren

>> No.20835277

>>20835209
i'd be more likely to order gold than silver

>> No.20835301

>>20834257
what dip? premiums have gone up as much
as spot has dumped and then some

>> No.20835323

>>20833947
>Vega hedge?
Volatility
>I have 4oz gold and 33oz silver
Based, good shit senpai
>This is essentially a hedge against the stock market?
Not really. It helps you against vague deflation. It's not the best solution, but I think bonds have unnecessary risk ATM.
>fallen angels
>low liiquidity
>low yield
>I was kind of hoping for a big dip.
I think we will get to know in a week. Maybe apply for a loan or credit if you have any purchases coming up

>> No.20835335

>>20835223
That makes sense.

What do you think of investing in international markets, like VXUS? I know that's more of a stock market general question but, sometimes hard to have a serious discussion there.

>> No.20835340
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20835340

>>20831902
... unless that's Canada play money.

>> No.20835346

>>20834456
That's a weird way to spell quintuple 2024

>> No.20835512

>>20835223

Overall I agree, but it really depends why they're a junior. Some reasons may be insurmountable even in a bull market.

Juniors can have risk of possibly being run by absolute, complete idiots who will somehow fail to expand operations to profit from bull market. Alternatively they may have government problems that present risk of shutdown or blockage, although governments can usually be bribed with sufficient tax revenue.

>> No.20835513

>>20835335
I'm not the guy to ask about broader stock plays, my only stock picks are GDXJ, SILV, and the OTC juniors, and up until 2 months ago I was 100% in LINK.

>> No.20835591

>>20833384
>open up ebay
>search for nazi silver
>buy some


anon... how are you too dumb to figure this out on your own? (he said rhetorically)

>> No.20835615

>>20833751
Big dicks swing before they stand up

>> No.20835649
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20835649

Always remember to filter and record id AGg_d+4u.

1) He posts 2 times in each thread mocking me for paying 63% premiums

2) He takes other people's posts and manipulates them.

3. He laughs at my naivetee and missing chin He scams people into savingg their money. This is an outrage. Reeeeeeeeeeeee

4. He/them/they make obscene and unfair profits while laughing at me

He took this person's post: >>20834936
And he commented this.......

>>20834804

>> No.20835653

>>20835512
Honestly? In the age of bankrupt stocks mooning thanks to social media/gamified trading, I'm pretty sure even completely inept and insolvent miners would moon violently during a metals bull. Shit, they'd probably moon even harder because the tiktok zoomers will think it's funny to buy a dead conpany.

I have picked over mineranon's big list and I'm slowly entering small positions on all the micro miners (sub $50M cap is my cutoff). I don't even care about their fundamentals. If metals become the narrative, then retail money will pile onto miners indiscriminately and the tiniest miners will moon hardest. That's literally all you need to think about to make mefa gains in this retarded 3 ring circus of a world we live in.

>> No.20835663

>>20835591
>paying $35 for a junk silver from Germany that's almost 100y old and covered in tarnish

>> No.20835707
File: 30 KB, 575x350, awwpudding.jpg [View same] [iqdb] [saucenao] [google]
20835707

>>20835243
buying at spot in kilos cause I hustle deals

feels good

>> No.20835743
File: 3.62 MB, 5184x3888, Local power.jpg [View same] [iqdb] [saucenao] [google]
20835743

>>20835663
Worth

>> No.20835749

>>20835649
You are mistaken friend. I'm not devil faggot shitposter.

>> No.20835805
File: 448 KB, 851x874, 1569551762010.png [View same] [iqdb] [saucenao] [google]
20835805

>>20835653
>If metals become the narrative, then retail money will pile onto miners indiscriminately and the tiniest miners will moon hardest. That's literally all you need to think about to make mefa gains in this retarded 3 ring circus of a world we live in.
I kind of hope that you are right because I can only spend so much time reading financial statements and presentations before my eyes start to glaze over.
I hope you make fat stacks anon

>> No.20835867
File: 2.45 MB, 2592x1944, IMG_20200727_110947.jpg [View same] [iqdb] [saucenao] [google]
20835867

>>20835743
Based bee poster

>> No.20835893

>>20835867
are those coins expensive in the us?
In Germanistan I can buy them for 6% over spot.

>> No.20835894

While I'm yammering about miners, I'm wondering what trade platforms other anons are using to buy their OTC miners and what commissions are you paying? I'm pretty sure I'm paying too much where I'm trading right now. Haven't found a site yet where OTC trades were free.

>> No.20835899

>>20835653
>>20835805
This is why I don't bother with specific miners, and just buy GDXJ and SILJ. Because these are what the robinhood normie trader horde will flood into.

If you are buying specific miners, DO NOT do due diligence or look at fundamentals. You will only hurt yourself. Buy the miners with the lowest share price and the coolest names and logos. Pick the ones whose executives look like used car salesmen. This is what the normies will buy.

>> No.20835900

>>20833954
Not exactly a problem, but i got 2 of the shiny bois from jm and they are squeezed in just tight enough to not fall out when removed.

>> No.20835907

Anyone have any experience cancelling an order from gold silver bull? Will they ass rape me with fees or will it just be 50$? I can’t really tell

>> No.20835917

>>20835743
Do you sell your honey m8? Been thinking about ways to earn some money when I do eventually purchase the homestead with PM and Miner gains. Bees, Chickens, maybe some expensive small scale crops, etc.

>> No.20835920

>>20835893
They let you own a swastika?

>> No.20835924
File: 311 KB, 960x488, monarchy.png [View same] [iqdb] [saucenao] [google]
20835924

>>20835663
you can buy >>20835743
for like 7 bucks usd anon....
Is there some country still making this stuff? what the fuck are you expecting? Is hitler gonna make a time machine and make some new coins for you?

Go take a chisel to coin it isnt rocket science to make a swastika

>> No.20835942

>>20835893
I wouldn't know. I'm in Australia. They are way above spot but they are fun to have.

>> No.20835951

>>20835899
lol sad but possibly true

>> No.20835992
File: 272 KB, 830x449, 1.png [View same] [iqdb] [saucenao] [google]
20835992

>>20835893
100% if they're only 0.4oz

>> No.20835996

>>20835323
I refinanced my house at 3% fixed 30 year. I'm hoping this was a good decision, certainly cheaper.

>> No.20836034

>>20835992
Ooooof. The 2 Reichsmark only has .1oz
2 REICHSMARK (0.161 troy ounces silver)
worn: $12 US dollars approximate catalog value
average circulated: $20
well preserved: $28
fully uncirculated: $70

5 REICHSMARK (0.402 troy ounces silver)
worn: $15 US dollars approximate catalog value
average circulated: $26
well preserved: $40
fully uncirculated: $90

>> No.20836051

>>20835992
If that is USD they are more expensive than here in Australia.

>> No.20836053
File: 45 KB, 1024x453, gdp.png [View same] [iqdb] [saucenao] [google]
20836053

it's almost like everyone just forgot that
we're in a depression there for a little while
huh

>> No.20836161

>>20835899
Based shitcoin buying logic

>> No.20836165

>>20836053
I'm so ready to see the pain and misery of the idiots who are so fucking overextended with their car loans and houses they paid 2X too much for because 'low rates!!' and other shit.
>>20836051
Ole Noseburg has to get his premium. They look neat, but not at that price.

>> No.20836170

>>20835996
Very likely a good idea. Based homeowner anon.
>tfw tail millennial rentcuck

>> No.20836268

>>20835996
Nice, I'm waiting for 2%-2.5%. It's a game of chicken because eventually the inflation will hit so hard that ZIRP is impossible, but I think we're at least a year away from that.

>>20835951
Look at crypto or stocks, fundamentals don't matter at all, only meme value.

>> No.20836349

>>20836165
If you think we are intering a major deflationary period and low interest loans are dangerous, you should not be buying PMs. You should be holding cash.

>> No.20836398

>>20836268

>eventually the inflation will hit so hard that ZIRP is impossible

They'll just "correct" CPI again, and redline this shit at 10+% real rates with no hesitation.

>> No.20836403
File: 799 KB, 1843x1292, Den-of-Thieves-3D-BU.jpg [View same] [iqdb] [saucenao] [google]
20836403

>>20836349
I don't understand how people can see the fed brrrrring as hard as they can, businesses shuttering because of COVID, and politicians already clamoring for another lockdown and think we're going into a deflationary period.

Can anyone devil's advocate this position for me? I just can't see it.

>> No.20836452

>>20836349
No, of course we're headed for hyperinflation - but when Americans don't have jobs, that kinda dries up demand for houses.
Lumber prices are out of control due to zero supply. I think the foolish insane lie that that's a housing shortage and we need hotels and apartments and condos on every corner is going to come crashing down.

>> No.20836457

>>20836403
Because dude people are too worri r about arguing nonsense. Imagine politicizing factsn debating facts. It’s just a farce

>> No.20836483
File: 21 KB, 480x381, 15192805_922244241208533_6307902955322066716_n.jpg [View same] [iqdb] [saucenao] [google]
20836483

>>20836268
If you think we're approaching serious inflation, then you need to consider the opportunity cost. Refi's tend to be around 1.0-1.5% of the loan, plus an app fee and appraisal. If you're sitting on a $200k mortgage, you're looking at a $3,000 expense to refi, which you're not going to make up until the inflation kicks in, at which point the difference between a 4.0% interest rate and a 2.0% rate is pretty much moot. You're better off taking the money you would spend on refinancing in putting it in an asset that you think will appreciate during the inflationary period (such as PMs).

>> No.20836486

>>20836403
They've made it clear they are not going to allow asset prices to collapse. Even modest pullbacks aren't allowed. As bad as inflation is, it can at least help provide a soft reset. Deflation would be killer and result in the most widespread civil unrest the country has ever seen. There is no "I am ready for the collapse". This shit is no game.

>> No.20836493
File: 10 KB, 450x360, hqdefault.jpg [View same] [iqdb] [saucenao] [google]
20836493

>>20836457
Wut

>> No.20836513

>>20836403
Yes. They use PSLV to do it, where there are 500 owners for each silver ounce. But so many people are now demanding delivery on the COMEX, that they are going to have to back off and let the price keep going up. As we saw when it went from $27to $24 almost instantaneously then down to 20.22 instantaneously. $10 silver is coming soon. They do these sudden physical-dumps to frighten people, and slow the process a little, but the fall is inevitable. When the COMEX finally does default, PSLV will get delisted, and the investors will lose everything.

>> No.20836517

>>20836452
Inflation will still apply to houses. You aren't going to walk in and buy a house with a lump of silver. They are not going to allow it. The only people that will be in a position to buy will be the large institutions who get the money first and buy up all the properties to rent them out.

>> No.20836537

>>20836486
>>20836403
Here you go, enjoy
https://www.youtube.com/watch?v=P4_1pwsm5LY&list=PLE88E9ICdiphYjJkeeLL2O09eJoC8r7Dc&index=8&t=0s

>> No.20836567

>>20836493
Fucking phone

Imagine debating facts and politicizing facts. It’s all nonsense.
>the sky is blue
>NO ITS FUCKING RED
>no it’s FUCKING BLUE
And then having these conversations bleed into politics. It’s a game of disinformation.

Please watch:

https://youtu.be/RSjZmosWaCc

To understand the extent of mis and disinformation that Americans are faced with everyday

>> No.20836584

>>20836403
The devil's advocate position for a deflationary period is that a rug pull would allow Them to buy up a bunch of cheap assets again, like 2008.

>>20836452
As long as helicopter money and cracked out unemployment continues, the consoomer will consoom. Consider also widespread eviction moratoriums around the country.

>> No.20836585

>>20835992
ouch
They used to sell them in "junk silver bags" by the kilogram, I never bothered with those.
Silber 2 Reichsmark Hindenburg (differenzbesteuert) (1937 - 1939)
Preis: 3,45 €

>> No.20836627
File: 387 KB, 1793x899, 259677q00.jpg [View same] [iqdb] [saucenao] [google]
20836627

>>20835920
sure, I never bought them however, when silver was cheap I just bought tubes of Maples

>> No.20836663

Not gonna lie It's not that hard to understand if you are high IQ. It's just that buying physical metal is fundamentally flawed, not because of 32% premiums, those are fine, but because the stock of physical metal just isn't about to be out there anymore. Production was at a four-year-high BEFORE the rona shut everything down. Now everybody and their mother is curtailing production. EVERYBODY! Whats going to happen when they flood the market with that pent up supply? WHAT? The biggest banks in the world have been playing games with physical silber and gold for scores of years. YEARS
Silver is NOT PAPER METAL
Gold is NOT PAPER METAL
When the supply of non paper metal goes up and the people who are CURRENTLY being brought up on RICO charges get outed to the public at large that they're fixing the bloody prices for personal gain, EVERY BIT OF SILVER AND GOLD WILL GO TO 0.
EVERY
SINGLE
O N E.

Good luck. I hope you leverage your gains out now, because when the real squeeze starts to hit, it's going to be way too late to regret your decisions. The consequences of your actions while preordained could have been forgotten. >>20836584
NEVER!

>> No.20836665

>>20836483
I've done the math and refinancing now would already pay itself off in about 2 years for me. I'm holding out for a better deal.

>at which point the difference between a 4.0% interest rate and a 2.0% rate is pretty much moot.

It makes a huge difference, and I like to hedge in case they manage to keep the scam running for longer than we expect.

>> No.20836673

>>20836268
>Nice, I'm waiting for 2%-2.5%. It's a game of chicken because eventually the inflation will hit so hard that ZIRP is impossible, but I think we're at least a year away from that.
Bit of a meme, but my best friend works at a large bank and thinks that lower rates are unlikely. Further, as the other anon pointed out, if we experience high inflation, the difference between 2 and 3 is going to be very little.

His feeling was that we likely wouldn't see a doomsday scenario, but we'd see an acceleration of what happened between 2009 and now, which is still very high inflation (CPI is bullshit).

>> No.20836674

>>20836452
>Lumber prices are out of control due to zero supply
And of course, really low production of lumber. A lot of mills were shut down or curtailed before Covid and now that lumber is up, it's too late to scramble 50-60 guys together to run an extra shift.

Lumber is going to crash down to 330 once the market crashes in late August or September

>> No.20836717

>>20836584
So they pull the rug to let the in-the-know people to stock up then it happens. How long of a time frame is this supposed to take place on? 6 months?

>> No.20836729

>>20836673
Arm chair economist in low tier insurance. Completely agree. I'm surprised rates haven't gone up for consumers already

>> No.20836730
File: 43 KB, 1189x580, pti.png [View same] [iqdb] [saucenao] [google]
20836730

>>20836349
I like to point to the US Home price - to - income chart.
At some point it gets unsustainable.
There isn't a population boom. Incomes aren't going up.
I feel the past decade has been fueled by rental properties from stock market wealth.
>>20836517
I just don't know. I'm not a fanatic that sees buying a house with Xox of silver, but I see house prices have gone up 100% in the last decade. Fuck - I bought my little shithole in 2012 for $150. Some braindead kid across the street fresh out of college dropped $300K for a smaller house last year!
I get they want to screw the middle class, but at some point you just don't pay $300K for a 2 bedroom starter home.
>>20836584
It's bad. I'm already seeing a ton of commercial property for lease or sale. Everyone begging about unemployment online.
City govts are getting fucked (honestly good) by not having any income to tax (business, HOTELS, concerts, professional sports ...) so you know their pensions are dead. There's a serious import issue people aren't talking about. Half the shelves at the stores are bare.
These are unbelievable times - albeit engineered. I wish I knew of a better way than PM to profit.

>> No.20836857

>>20831754
kill yourself newfaggot

>> No.20836950

>>20836729
He told me also to pay it off at the minimums even though I usually pay my mortgage above that, for now, to maintain more liquidity and see how things play out. He thinks delaying paying it off is only going to work to my favor.

How is the insurance business doing?

>> No.20836951

>>20836717
I don't think they'll do a rug pull because social unrest is already so high. If they do it, things will get real ugly. I think they can satisfy their greed by just buying their own assets with fedbux.

>>20836673
>>20836730
I think NIRP is a very likely outcome. If they raise interest rates at all it will kill the whole ponzi as cash rushes out of the market. As the economy worsens, they'll be under tremendous pressure to go into NIRP to keep the zombies alive.

>> No.20837017
File: 304 KB, 661x940, 1591602556861.png [View same] [iqdb] [saucenao] [google]
20837017

I stopped buying since may
when is this shit dropping I want to buy more

hopefully gdp numbers are going to scare the stock zombies to panic sell and push gold down

>> No.20837043

>>20836951
Nirp won't be on the table because ZIRP keeps the dollar attractive relative to everyone else's shit currencies.

>> No.20837052

>>20836951
They cannot raise rates for those reasons, as well as debt servicing.

>> No.20837088

>>20836950
I'm also paying minimums atm, though my last house I was paying double principle. I definitely think we're going to experience *some* inflation, more than what we've had the last ten years, but I'm not sure how much.
I'm very fortunate that I've been able to keep my job during this time despite lots of layoffs in my industry.

>> No.20837090

>>20836268
for sure, crypto has completely cemented the fact that people will invest in a meme if it gets popular enough. "cant create more crypto anon! limite # of bitcoins!" as other just make more "not bit coin" coins... which also get memed into.... fuck its such a sad state

>> No.20837103

>>20837017
In this environment? Real Rates are effectively negative with inflation. Gold now has a positive carry compared to T-Bills Gold now has no opportunity cost as a save haven asset compared to T-Bills. Institutional demand will come in, and come in hard. Stack before then because after you wont be able to afford it.

>> No.20837127

>>20836403
>how can people not see the clear truth.

Clown world anon... ludicrous level giga clown world.

"there will be a time when people will go mad, and upon seeing a sane person, say "attack him, he is not like us!""
that time has come

>> No.20837143

>>20836674
>late August or September
I think you're right perfect timing for orange man bad. It's amazing how many people are going around like nothing has happened. I've been sitting out of the market since last winter b/c I knew something was going to happen. The market was way too high and we'd gone the longest on record without a recession. I felt 2008 all over again. I just thought they'd be more subtle.
>>20836951
>NIRP
They say other countries are already doing it.
If you're of the 'debt as money' mentality and see the banks don't lend money they never had - that your signature creates it - then why not reward the goy for once?
>>20837088
Inflation which our paychecks will never feel.

>> No.20837240

>>20837017
The stock market is not driven by retail investors anymore, anon. There will be no panic sell even if Yellowstone erupted today. The green line will go up, because no company can be allowed to fail with the Fed buying individual corporate bonds as a backstop, and HFT machines doing the heavy lifting. Now think: how illiquid does the situation have to be that despite the Fed giving banks interest free cash, they would rather sit on it and eat the inflation tax, rather then lend it to these companies? How bad are their books if the only people who want their debt is the Fed?

There will be no actual drop in physical prices, as they have almost divorced form the commodities exchange price. They are now to separate products with two separate prices. Continue to DCA

>> No.20837251

>>20836730
That's the point. The housing prices will eventually price out a lot of people from homeownership. Those who already own homes will ride the asset up and spend most of the equity. That means the up and coming generations will be generations of renters. Instead of building their own equity they will be providing cash flow to large institutional property owners.

>>20836951
Yeah, I think it's their only safe play unless they actually want complete social disorder. In an inflationary environment, as long as they get first dibs on the liquidity, they get the most benefit and can buy assets that can ride out the effects of inflation. The people who make out the best in an inflationary period are the people who already have assets and aren't reliant on wages that will not keep up with inflation. They can keep things from boiling over with direct cash infusions, but they'll be protected by holding assets and giving themselves a slice to buy even more. If they give money to the population, they will definitely deal themselves in as well. That's why I'm not betting on a collapse because they already have a winning play that is less risky to themselves.

>> No.20837292

>>20837043
It won't be formal NIRP, but it will be ZIRP with high inflation creating real NIRP.

>> No.20837302

>>20835743
God, just look at the effortless perfection of those bees in contrast to the coins. Life is truly superior to the cold, barren metal.

>> No.20837317

>>20837240
What if Americans coordinated a giant sell off. We're months away from having precident for that kind of stunt, but I wonder what would happen

>> No.20837335

>>20837143
Absolutely, anon. I think what we're actually approaching is another period of stagflation. However, for now I have cash coming in and can pay all my bills comfortably and sock away some of my income into assets I think will preserve my wealth.

>> No.20837354
File: 57 KB, 750x539, Ed9Fay_WAAAQwjI.jpg:large.jpg [View same] [iqdb] [saucenao] [google]
20837354

>>20837292
Lol we're already nirp then, kek

>> No.20837365

I've got some old Austrian coins. They're real gold, but they're pretty obscure and quite old.

What would be the best way to sell them? My local coin store, or one of the major online exchanges?

>> No.20837488

>>20837251
Thats what happened in china. And then they literally had quotas under Mao per county of how many landlords you had to genocide. That'll happen here if that occurs. Boomer hate is very robust and growing in Millennials and Gen Z.

>> No.20837514

>>20837354
Yes we are. Think about this, look at every date range for T-Bills, and then subtract the target inflation the Fed has. Thats a negative number.

>> No.20837527

>>20837365
I’ll buy them

>> No.20837562

>>20837251
>large institutional property owners
Shit, fuck, ass.
I can see it now. The suburbs - each block owned by a different company.
>I live at the corner of McDonalds Ave. and Walmart Dr.
Fuck. I worked in a big skyscraper. The rent? $220K a month.
With everyone working from home, they could allocate that rent to paying cash for a house each month. Fuck dude.

>> No.20837593

>>20836663
you're a moron. gold and silver in the history of the world has never hit 0 and it never will hit 0. is there a chance the price will drop ? sure but it will never hit 0 based on history. you're also forgetting the industrial component of silver, so much is used everyday and going to landfills where it's no economically viable to reclaim, meaning we are heading for a shortage sooner or later.

keep spreading this retard level FUD though

>> No.20837601

>>20837240
well yeah thats the problem, institutions own such a large position in the market that it only takes one to get spooked to cause an avalanche, they all have theyre confidence in the fed for now, but eventually the numbers are going to be so bad that at least one of them is going to try to pull out and cause a sell off, mass margin calls will push paper gold down and give a nice entry

physical is also split in two markets though, retail (ie.coinshops) and professional bullion dealers (ie.vaults), those high premiums dont apply to vaulted bullion which is what Im buying, havent seen a big difference compared to paper market, but comex is obviously having trouble and keeps needing to bring in more gold, hopefully eventually their bullshit gets called out and they fail in delivery to let the real physical price manifest

>> No.20837603

>>20837488
This is one of the reasons I don't invest in real estate. I don't want to get kulak'ed.

>What if Americans coordinated a giant sell off.
If my aunt had balls she'd be my uncle.

>> No.20837610

>>20837514
>Thats a negative number.
That's an underestimate too. Weeeeeeeeeeeee

>> No.20837644
File: 648 KB, 500x662, 1564999694370.png [View same] [iqdb] [saucenao] [google]
20837644

Alright guys. I warned you. I'm pretty sure it's about to happen.
About a month ago I proposed that another March like freak dip was inevitable.
Now this might not be the big one, and it might not be the last. But it might be.
Last dip was caused by New York shutting down for coronavirus and investors freaking out and liquidating PMs.
Stock market is showing signs of this happening again this week, and all the news is negative again

Get ready for $12 silver again and possibly lower. Hopefully it'll last for more than 2 days this time though and dealers will be forced to sell at normal premiums related to spot this time.

Then it'll probably stabilize at $20 after

>> No.20837689

>>20837644
Any chance of this dip lasting through to mid-August? I need a little more time for the moonshot...

>> No.20837690

>>20837593
oh, to add to that - the only way it would be viable to reclaim silver from the land fills is if the price of silver comes closer to the price of gold. that alone should have you stacking at least 100 Oz even of you are doubtful

>> No.20837693
File: 81 KB, 1024x598, 1581750440224m.jpg [View same] [iqdb] [saucenao] [google]
20837693

Check my digits

>> No.20837742

FOMO'D into buying 10 oz at 28 each with shipping. I am financially ruined

>> No.20837745

>>20837689
are you me? i have a big paycheck due mid August so may Kek will it.

>> No.20837748

>>20837689
Potentially, but premiums will likely smooth out the price fluctuations

>> No.20837762

>>20837527
Ok how?

>> No.20837771

>>20837689
Last time it only lasted 2-3 days.
Doubt it'll last more than a week but it's almost August so you'll be good.

>> No.20837776

I can’t get kill bars of silver right now

>> No.20837777

>>20837593
Do not reply to the schizoposter. Hide and report all schizoposter posts.

>> No.20837812
File: 109 KB, 1100x825, 573b1c3b910584cc008c3558.jpg [View same] [iqdb] [saucenao] [google]
20837812

>>20837777
Put me in the screencap.

>> No.20837814

>>20837689
Oh, mid- August. Probably not. Might stay below $22 though, then start skyrocketing again with inflation

>> No.20837820

>>20837776
Kilo**

>> No.20837841

>>20837776
Lucky you, think how much loss you are avoiding

>> No.20837847

>>20837593
55m toz of Silver used in the production of cars last year. Thats all gone. Its not recycled, and the cars are likely crushed and stored or disposed of in a way the cost to recycle it now is beyond prohibitive unless prices go to 2k or more (Of today purchasing power)

>> No.20837848

>>20837742
Fomod 40oz @ 30$/oz

FUCJJJJJJ

>> No.20837850

>>20837644
What could you actually get silver for online during the mega-dip? I had already built most of my position so I didn't check.

>> No.20837868

>>20837514
But the Fed has abandoned the target inflation rate. Their CPI numbers are already cooked as is, but it's really something when they plan to completely abandon the cooked target rate.

>> No.20837875

>>20837603
did they kill people who had stocks and bonds?

>> No.20837909

>>20837603
I work in real estate, and the amount of people in my office who have ungodly amounts of rentals was really shocking. I would like to own a rental, but just to rent to my friends who need a cheap and safe place to live till they can buy. I don't believe in owning hundreds of unit's. Its really fucked up what boomers did to their own children and grand children. So fucking selfish.

>> No.20837928

>>20837850
I think premiums adjusted so high that it basically stayed at pre-dip levels for online dealers
So like $18 unless you got lucky
But I'm betting on the dip lasting longer this time as investors realise the economy actually isn't going to recover like everyone's been saying and it'll crash hard this time

>> No.20837935

>>20837644
How can it go that low? Comex is now a delivery vehicle, and the physical supply is the most scarce it has been in decades and decades.

>> No.20837960

>>20837935
Because investors get scared and dump.
Like last time

>> No.20837968

>>20837875
People who had gold or jewels were able to flee.

Since there's nowhere left for us to run to, just don't be a flashy bastard with your wealth. You shouldn't be showing it off or telling people anyways.

>> No.20837970

>>20837909
you sound like a fag

>> No.20837971

>>20837742
I bought 100 oz at $28/oz with shipping. It's ok though, because it will be nice to have physical period. It's still cheap in the long run.

>> No.20838009

>>20837868
they abandoned it in the sense they decided they just wanted to go over it at any cost. The fed has openly said they are going to surpass 2% at all costs, and try to bring it down to 2% after the fact

>> No.20838013

>>20837847
They only issue silver 'from their vaults' to arbitrage premiums physical to spot such that banks only loan out money 'that they actually have'. This leads to bizarre situations in which a single ounce of metal is owned by potentially dozens of different accounts, and in many cases its not clear who really has ownership of a particular numbered bar. This is the consequence of applying fractional reserve lending ideas to precious metal. Will the plebs who stack silver learn from this ruse being exposed? Yuuki thinks not.

>> No.20838049

>>20837970
I don't want to live through a Yugoslavian civil war. Economic collapse in any multiethnic nation results in mass violence. I'd prefer to stay alive than get killed at the grocery store for being the wrong skin tone.

>> No.20838062

>>20837644

A dip? sure, maybe, fine

>Get ready for $12 silver again

lolno

>> No.20838081

>>20838013
Wouldnt that make prices go sky high once its discovered?

>> No.20838093

>>20838062
$12 spot! ASE’s for as cheap as $15/oz over spot!!!

>> No.20838122

reminder that you guys are too stupid to invest in your 401ks

>> No.20838132

>>20838093
Basically this. Spot is irrelevant at this point in physical market.

>> No.20838135
File: 73 KB, 960x640, 1553208382851.jpg [View same] [iqdb] [saucenao] [google]
20838135

>>20837909
>Its really fucked up what boomers did to their own children and grand children. So fucking selfish.

>> No.20838151

>>20837909
It really was insane reading that something like 65%+ of residential rental properties with outstanding mortgages were owned by less than 35% of all mortgage holders. Boomers and wannabe AirBnB millionaires somehow have no concept of the risk involved in their level of leverage. Its like they have never once been burned in their investments and just went all-in. I wonder if they think that they're going to be bailed out; do they think they're worth enough for golden parachute?

If we lived in a sane society we would have never let eviction moratoriums happen. The land lords should have been forced to see that they can't afford to kick out their tenants in an environment where no one can replace them, and should have just put the payments into forbearance or worked out agreements. If you're going to play as Mr. Moneybags, you can't be surprised when you have to eat a loss like him too. All this consumer cash injection does is prevent the correct price of renting revealing itself.

>> No.20838168
File: 89 KB, 495x836, 2020-07-30_10-10-44.jpg [View same] [iqdb] [saucenao] [google]
20838168

Dollar crashing, yet ANOTHER leg down.

If this persists, after this dip the next leg up on PMs will be crazy. If the dollar bounces back up, PMs will likely crab for a little while

>> No.20838178

why does the mainstream media not talk about how the fed is printing away our purchasing power or the fact that prices are going up ? i go on twitter and the only things trending are how orange man bad he wants to delay election or hermain cain died. nothing about how we had the worst GDP contraction since the great depression or the money the fed is printing, not to mention unemployment rising. normies and mainstream media are so fucking clueless to whats really happening.

>> No.20838209

I wouldn't be surprised to see spot dip down to $20 again, maybe even lower for a day, but that will be the new floor. Premiums will probably hit $4 or $5 /Oz for generic at that point.

>>20838081
See:
>>20837777

>> No.20838244

>>20838122
I know you think you are clever but the fatherless retards who populate these threads ALL HAVE MASSIVE LOSSES a 401 k would hurt them

>> No.20838264

>>20838151
33% of the AirBnb Hosts have 25 properties or more (On the AirBnB Service) according to some AirDNA stats I looked at a few months ago. Insanity. I don't think being a landlord is evil, but things wouldn't have gotten this bad if we had real money and a healthy credit system where people where allowed to fail.

>> No.20838265

>>20838168
I have 5k cash just sitting in a bank right now that I promised myself to not touch it (eventually I want to use it on buying a property). I'm seriously considering buying an Oz of gold with portion of it right now.....

>> No.20838266

>>20838168
why does it feel like PMs hardly react to downswings in the dollar like this but fucking drop hard whenever it has an upswing ? at least that's seemed to be the case the past week.

>> No.20838303

>>20838209
I don't see premiums getting that low again until reality hits the spot market. Physical supply is so low its insane. My LCS can barely get coins in from local sellers, and they can't get any volume from dealers.

>> No.20838306
File: 3 KB, 98x125, 1596066253553s.jpg [View same] [iqdb] [saucenao] [google]
20838306

>>20838132
>Spot is irrelevant at this point in physical market

>> No.20838337

>>20838265
Buy SLV

>> No.20838342

>>20838265
anon that money is losing value sitting there

>> No.20838346

>>20838266
We'll see if there is a market maker changeup after contract expiry

>> No.20838373

>>20838306
It is a fact that the price of anything is what others are willing to pay for it. Now admittedly you can disagree with these prices, for example you might disagree with Mr. Tyrone that new Air Jordans are worth $300 or whatever, but if you go to eBay and Air Jordans go for that price on auction that’s undeniably what they are valued at.

>> No.20838395
File: 133 KB, 1024x953, 1595309796707.jpg [View same] [iqdb] [saucenao] [google]
20838395

>>20838062
You would have said the same thing in March. And yet it went below $12 then. Please explain how that's impossible now.
Pro-tip: you literally can't

>> No.20838403

>>20838342
Real NIRP. People are pushed into riskier and riskier investments to weather inflation and then are vested in keeping it going.

>> No.20838428

>>20838395
Spot could maybe hit that, but you'll never sniff an ounce of silver near that.

>> No.20838434

>>20838403
Gold and Silver aren't risky if you HOLD them.

>> No.20838440

>>20838342
I know, I think I'm gonna have to do it.
>>20838337
Nah. I want to least amount of risk possible so I want to put this money in Gold.

>> No.20838448

>>20838049
Yugoslavia was being balkanized by the US funding separatist groups because they made the mistake of borrowing money from the IMF after the Tito-Stalin split. I doubt we'll see something like that.

>> No.20838481
File: 2.61 MB, 4096x3072, IMG_20200724_164704876.jpg [View same] [iqdb] [saucenao] [google]
20838481

>>20834503
The case for the shiny batboi I got from JM is not very nice. Fits poorly, starting to crackling the edges, feels cheap, and there is a lot of empty space on the faces. The case on the frosted one I got from the mint is much nicer; it fits perfectly, looks better, and feels more solid.

>> No.20838495
File: 295 KB, 2048x1536, 1595349109048.jpg [View same] [iqdb] [saucenao] [google]
20838495

>>20838428
I guess we should make friends with leveraged boomers, huh. Maybe get to know their wives and daughters...

>> No.20838496

>>20838178
Because the media are a tool of the ruling class and their purpose is literally to control public opinion.

>>20838151
>>20838264
Nice post. It's fucking nuts. I wonder if the petite bourgeois landlord/airBNB class is purposefully getting squeezed here. They wouldn't get any sympathy from the masses if the ruling class decided to loot their overleveraged asses.

>All this consumer cash injection does is prevent the correct price of renting revealing itself.

Unbelievably based and Austrian-pilled.

>>20838265
Save cash for an emergency fund, fren. No one wants to be forced to sell their shiny rocks.

>> No.20838497

>>20838448
There are plenty of foreign players Im positive are giving money to separatist groups.

>> No.20838533

>>20838428
If spot stays at that price for long enough dealers will be forced to sell at that because people won't buy at $30 per oz when spot is $13
Prices only didn't hit that because the dip was so short

>> No.20838541

>>20838395
I quite literally bought the march dip, twice, feels good, premiums were crazy though... barely affected the phys price.

Right now stores do not have stock, even big online dealers are taking weeks to ship, the price could hit 10$ an oz, and there would be 18$ premiums or sites would just refuse to sell.

>> No.20838592

>>20838448
Who do you think is funding BLM? Lots of foreign money in the DNC as well.

>> No.20838593

>>20837777
The DNST3 gene make Ashkenazi Jews 40 percent more likely to develop schizophrenia and similar diseases.

>> No.20838657

>>20838533
see
>>20838533
Anybody who would sell $13 silver deserves to take the loss.

>> No.20838696

>>20838657
meant, see >>20838541

>> No.20838721

>>20838496
>save cash
I know. That's why I think I'll just spend a little less than have of it on an oz.

>> No.20838759

>>20838533

Spot and phys will decouple at that point, because of severe supply/demand imbalance as supply approaches zero and demand spikes due to people waiting for a dip, or else dealers simply refuse to sell and wait for it to bounce back.

But this is all academic, because, institutional investors fucked up by getting caught and having to sell PMs in march. Make no mistake, many people on wall street know the score now (even if the media is controlled) and they're very quietly repositioning themselves such that they have sustainable PM hedges, and many of them physical and allocated. There will not be such a sell off again.

>> No.20838761

>>20838657
good dealers are leveraged so that they dont take massive losses and can replenish stock.

Despite this, many dealers are feeling the strain, cant replace stock, lost lots even with leveraging, and premiums show this.

>> No.20838772

>>20837644
>Spot price crashes to $11 again
>Dealers raise the premiums to $20 and now people are jumping on the deal of 10 generic buffalo rounds for only $30 a piece

>> No.20838799

Should I buy some platinum?

>> No.20838830
File: 81 KB, 1169x1080, 1587928936871.png [View same] [iqdb] [saucenao] [google]
20838830

>>20838265

Keep 1k in cash at home in case of emergencies

Keep 4k in checking. Should always have a couple thousand in cash on hand.

After that, start splitting your money between crypto, boomer rocks and stocks (maybe, stocks kind of bullshit right now)


I had 12k sitting in my bank. Spend 1.5k on silver, and put 3k into crypto. Might do another 1k into metal and 1k more into crytpo soon.

Point is, cash is king if you have USD. I know they're printing the fuck out of bills right now, but the USD is still the king gorilla. Keep 5k handy anon.

>> No.20838861

>>20838759
I would say they already have decoupled, 30+% premiums no joke

>> No.20838896

>>20837841
kek. sarcasm trolling in /pmg/ is like
shooting fish in a barrel

>> No.20838908

>>20838830
I keep between 500 and 1000 in the bank, a few hundred in cash at home, and 5000 in crypto.
and now I have 9 oz of silver. Just started my stack, getting it all in bars.

>> No.20838917

>>20838772
Not far from where we are currently.

>> No.20838918

>>20838861
It decoupled in march. When spot was $14 you couldn't buying anything close to that but could get ASE's for 17-18, and then everything just got worse in term of premium.

>> No.20838920
File: 64 KB, 409x639, 0946D705-DA61-48E2-A336-CD58C5D13F44.jpg [View same] [iqdb] [saucenao] [google]
20838920

Anyone else worried about what would happen in the event we make it?

If we ultimately experience a currency crisis, public opinion will likely turn against people like ourselves, even if it’s irrational to blame us for preparing and thinking ahead. We will be called speculators, exploiters and so on even though we had no role in what may be about to play out.

If gold and silver REALLY start to moon, you will have only a brief window of time to get yourself and your new wealth in a position such that you are able to keep it.

I’m sure it will be especially hard for those here of modest means, because the public perception that they don’t “deserve” their wealth will be the strongest. Think of the unemployed, living with their parents, NEET types.

Public opinion was okay with the crypto types that made good because that was in good times, and wrapped up in a “technology” so it seems no different to a normie in the street that Bill Gates getting rich or whatever.

But these will be bad times, and our chosen investment feeds into literally millennia of hostile stereotypes.

>> No.20838927
File: 1.12 MB, 920x1250, Hoppe, the accidental monarchist.png [View same] [iqdb] [saucenao] [google]
20838927

>>20838496
You may have a point about the multiple property holders being low risk targets. Who is going to advocate on their behalf? The AARP? Certainly not Joe 6-pack. American may be the land of temporarily embarrassed millionaires but they aren't THAT embarrassed. We complain all the time about how participation trophies and 'everyone's a winner' mentality hurt kids growing up, but I wonder if you could apply the same idea to investing? You really had to try if you wanted to lose your shirt investing since the 1960s. Obviously, if you went all in beanie babys, dotcom stocks, or Enron you lost, but assuming you just didn't take a wild risk and let a manager handle your money, you were fine. You have entire generations of people that don't think its possible to lose in real estate, or bonds, or stocks, so why would they ever want PMs as a safe haven? Safe haven from what, making risk free money?

We are going to see a serious spike in suicide.

>> No.20838996

>>20838920
We flee to the countryside along with the very elite who made this mess. None of this shit is original.

>> No.20839000

>>20838927
words words words,the left can't meme

>> No.20839036

>>20838927
Good. The gene pool needs to be cleansed

>> No.20839044

>>20839000
Hans-Herman Hoppe was definitely NOT on the left.

>> No.20839052

>>20838861
Why don't you buy at spot and quit being a sucker

>> No.20839077

PMs are shit
> PMs are shit
PMs are shit
> PMs are shit
PMs are shit
> PMs are shit
PMs are shit
> PMs are shit
PMs are shit
> PMs are shit
PMs are shit
> PMs are shit
PMs are shit
> PMs are shit
PMs are shit
> PMs are shit
PMs are shit
> PMs are shit

>> No.20839134

Fresh bread when ya'll are ready:

>>20839080

>> No.20839137

>>20839077
PMs=Physical Metal

Yes but paper metal kicks ass

>> No.20839149

>>20839077
Yeah I can’t figure out how to private message on here either they really need to fix this site

>> No.20839213

>>20838927
After writing a statement like that I still don't understand how Hoppe has not made the final jump to monarchism. He appears to get it that you have a natural elite with the proper spiritual constitution and from that flows their wealth and the natural hierarchy.
Although I think the non egalitarian nature of human civilization is not a product of voluntary transactions its innate and therefore present in every human activity. No two humans just like no two wolves are equal. We all exist in a hierarchical relationships with one another.

>> No.20839381

>300 posts
>only two stack photos

>> No.20839424
File: 578 KB, 1400x856, 1595060032011.jpg [View same] [iqdb] [saucenao] [google]
20839424

>>20839381
>stack photos

>> No.20839472

>>20838481
Thank you for the useful response. I think I'll get some Kooks instead.

>> No.20839594
File: 120 KB, 500x506, 1593962880497.gif [View same] [iqdb] [saucenao] [google]
20839594

are pm the most comfy hold in todays market?

>> No.20839641
File: 430 KB, 800x500, Joseph de Maistre.png [View same] [iqdb] [saucenao] [google]
20839641

>>20839000
If you're scared of words you'll never really get WHY you should believe the things you do.

>>20839213
Its mostly an ideology thing for the really intellectually honest libertarians like Hoppe, I think. The idea of 'the divine right of kings' is perceived as backwards, despite a state-less society like he wants being only functional at a tribal level of complexity. It goes with the idea of thinking the dark ages were really dark, that the enlightenment was all sunshine and rainbows, and that Rousseau knew what he was talking about when he talked about human nature. Hoppe accepts fundamental human inequality (correctly), but refuses to let that inequality be played out across government, despite it being in every other aspect of his society. Ancaps never can answer: so what do you do when the neighbors stop respecting your NAP?

>> No.20839682

>>20839381
Physical Metal isn't real

>> No.20839718

>>20839682
Ignorance is strength.

>> No.20839798
File: 36 KB, 864x276, 2020-07-30_11-03-42.jpg [View same] [iqdb] [saucenao] [google]
20839798

holy shit lol

real rates just getting deeper and deeper negative

>> No.20839799

>>20839682
Do you apply this principle to other commodities and goods, or only precious metals? I mean, obviously metals aren’t always easy to store, that’s why stacking copper isn’t really a thing nor is for example plutonium stacking.

But silver and gold are at least somewhat convenient to store. Which is why people do.

>> No.20839815

>>20838799
You would be buying at the bottom, so yes.

>> No.20839848

>>20839641
Divine rights of kings or hereditary monarchy was the beginning of the end though.

When kings were elected to their post by land owning elites, or by virtue of their deeds, they were much better monarchs.

>> No.20839938

Its mostly an ideology thing for the really intellectually honest stackers like PanMan, I think. The idea of 'the divine right of physical' is perceived as backwards, despite a metal-less paper like he wants being only functional at a tribal level of complexity. It goes with the idea of thinking the dark ages were really dark, that paper metal isn't real, that Comex has loaned out each mercury dime to numerous housewife's of I'll repute. These things cannot happen, sunshine and rainbows, fundamental human equality, but refuses to let that equality be played out across the metal sector, despite it being in every other aspect of his society. The Anti physical shill can never can answer: so what do you do when the 32% premium turns into a 12% discount?>>20839718
>>20839799

>> No.20840018

>>20839938
wut

>> No.20840069

>>20839641
>If you're scared of words you'll never really get WHY you should believe the things you do.
get over your self no one is scared of words

>> No.20840076

>>20839938
never go full retard

>> No.20840177

Reminder that money and law existed before the first states and communists are fucking retarded.

>> No.20840226

>>20836663
Found the Jew.

>> No.20840442
File: 603 KB, 832x1280, state.jpg [View same] [iqdb] [saucenao] [google]
20840442

>>20839000
Hoppe is literally an ancap, you brainlet.

>> No.20840471

>>20839641
>so what do you do when the neighbors stop respecting your NAP?
Go to the courts?
https://en.wikipedia.org/wiki/Polycentric_law

>> No.20840510

>>20839815
physical or meme-stock?

>> No.20840534

>>20840442
you just posted cringe bro

>> No.20840627

>>20839798
Can someone explain to me what the difference between a 'rate' and a 'yield' is, with regards to the 10y treasury?

>> No.20840693
File: 86 KB, 658x540, 7684e2f615184bc9c1a50e00714140c5-imagejpeg.jpg [View same] [iqdb] [saucenao] [google]
20840693

>>20840534
Cope.

>> No.20840725

>>20840627
watch this vidhttps://www.youtube.com/watch?v=AAhhcTrMAIk

>> No.20840750

>>20837909
It's not really their fault. Blame the government and federal reserve for pumping endless money into the housing market and buying up mortgages to increase the cost of housing/rent.
In a free market, housing prices would be coming down.
Don't fall for the commie narrative.

>> No.20840751

>>20840693
dude not a cope its just cringe

>> No.20840785
File: 106 KB, 1029x960, ancap gril.jpg [View same] [iqdb] [saucenao] [google]
20840785

>>20840751
Cope. :^)

>> No.20840860
File: 101 KB, 569x590, Screenshot from 2020-06-26 20-34-33.png [View same] [iqdb] [saucenao] [google]
20840860

>>20840785
>im trying so hard to act like im not a newfag poser

>> No.20841013
File: 11 KB, 174x290, ancapkermit.jpg [View same] [iqdb] [saucenao] [google]
20841013

>>20840860
Extreme cope. :^)

>> No.20841097

bro your not making yur self look any better
>>20841013