/biz/ - Business & Finance

[Anonymous No.21710874]

Ride the Wave Edition

>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
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
Magnets
https://youtube.com/watch?v=NgSXg-WOEVY
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

Previous bread: >>21699513

[Anonymous No.21710911]

Its Crazy how we are barreling towards a massive financial crisis and all the metals will be gone and sold out before it kicks off. Just how schiff predicted

[Anonymous No.21710975]

>>21710911
And people still think we are crazy for buying them. This feels like 2006-2007...that eerie period where everyone paying attention knew we were heading for calamity and everyone just shrugged it off and thought things would continue upward.

[Anonymous No.21710989]

First for buying morning dips and riding it all the way down to negative close for the day

[Anonymous No.21710996]

>>21710911
Checked

[Anonymous No.21711016]

>>21710874
Thanks for baking OP, but don't forget to put pmg in the title for those who search

[Anonymous No.21711032]

Miners and spot dumping. I’m financially ruined. THIS WAS SUPPOSED TO BE THE GOLDEN BVLL MARKET PETER

[Anonymous No.21711053]

I just want a nice little farm a modest few acres is that really much to ask

[Anonymous No.21711057]

>>21711032
Only the strong will survive this bull market

[Heavyrotation No.21711081]

>>21710874
Thank you, Baker.

[Anonymous No.21711099]

Smooth brain RH user here. Did I do ok? This is all I can put in miners. The rest is in physical.

[Anonymous No.21711104]

Anons please make me feel better about buying a few oz of gold at 2000 and a few hundred silver at 28.

[Anonymous No.21711131]

>>21710975
yeah we are at peak delusion and one only needs to look at TSLA to understand that

[Anonymous No.21711146]

>>21711016
>don't forget to put pmg in the title
>looks at title
>it's blank
FUUUUUUUUUUUUUUUUU

[Anonymous No.21711159]

I'M RUINED

[Heavyrotation No.21711162]

Eric Sprott taking the CFTC to the woodwork this morning over the Scotia Bank and other untouchable bankster criminals not being thrown in jail.

[Anonymous No.21711168]

COMEX Update:
With 5 trading days left, Thursday Prelim data shows 66,896 open contracts for September silver.

66,896 x 5,000 = 334,480,000 ounces still not rolled to December.

[Anonymous No.21711173]

>SLV keeps dumping
I am starting to think that maybe all that "50 eoy" nonsense was just that

[Anonymous No.21711186]

>>21711146
Should I delete and repost?

[Anonymous No.21711188]

>>21711053
I feel you. Diamond hands and carry on.

[Heavyrotation No.21711219]

>>21711099
You're great. Hang on at least a few months no matter what happens short term.

[Anonymous No.21711224]

>>21711168
What about the mini contracts? The 1000oz ones?

[Anonymous No.21711227]

>>21710874
yo that is a sexy gold piece right there where can I cop?

[Anonymous No.21711233]

>>21711104
Do it

[Anonymous No.21711243]

>>21711227
STOP TALKING LIKE A NIGGER

[Anonymous No.21711254]

>>21711146
>>21711186
No, hidden village pmg is best pmg

[Heavyrotation No.21711260]

>>21711162
*woodshed

[Anonymous No.21711263]

"Physical gold is like a deep OTM call option without an expiration date."

https://twitter.com/RealVision/status/1296567846579961861?s=19

[Anonymous No.21711267]

>>21711186
no, it'll be stealth edition. might end up with two, but it'll get sorted out.

[Anonymous No.21711291]

>>21711053
Save up your money for a year or two and move to some shithole then you live like a king

[Anonymous No.21711300]

MAKE IT STOP

[Anonymous No.21711308]

>>21711168
>>21711168
Last delivery time how many contracts were still open 4 days before close?

[Anonymous No.21711329]

Should I buy more SLV or IAU? Can't get physical metals in my country without paying massive premium.

[Anonymous No.21711362]

>>21711263
it came

[1933 !!sePlmxqb4K8 No.21711377]

>>21711300
>~50k
Coulda got more physical

[Anonymous No.21711395]

>>21711162
Link?

[Heavyrotation No.21711451]

>>21711395
https://soundcloud.com/sprottmoney/sprott-money-news-weekly-wrap-up-82120

[1933 !!sePlmxqb4K8 No.21711534]

>>21711329
My personal choice is pslv. In my situation I'll be buying under $50 somehow, premiums and taxes be damned. If the taxes were that bad, I'd probably have more miners and paper.

[Anonymous No.21711546]

Three gorges dam at record 166M

[Anonymous No.21711555]

>>21711263
>without an expiration date
you are right on that take this coin minted 1906 and before that who knows where exactly in the empire that gold game from and give it another hundred or thousand or ten thousand yeas and the gold that makes up this coin is still going to be around.
its rather romantic when you think about it

[Anonymous No.21711571]

>>21711300
As long as you dont sell, the losses arnt real.
Anybody looking to start buying miners, now is a decent opportunity.

[Anonymous No.21711615]

>>21710989
I know that feel, I'm going to try and not look and the market at all today

[Anonymous No.21711636]

these fuggin premiums on 1 oz rounds man, I just wanna get under 30/ozt

[Anonymous No.21711641]

>>21711188
>1kg silver the same size as 1kg gold
this is a photo of silver plated gold bars next to normal gold bars

[Heavyrotation No.21711668]

>>21711555
I've often thought about this.

[Anonymous No.21711676]

>>21711254
>>21711267
Alright then. Also, can anyone answer this?
>>21711224
Or is it folded in with the listed deliveries posted?
>>21711168

[Anonymous No.21711703]

>>21710874
You guys like pictures right?

[Anonymous No.21711739]

>>21711146
Nice meme friend

[Anonymous No.21711751]

>>21711615
I have sept 4th 27c. These next 2 weeks are gonna get interesting.

[Anonymous No.21711760]

>>21711703
Yes.

[Anonymous No.21711772]

>>21711615
I put some extra money in my trading account account that I promise not to use until after 3pm or 8%+ dip. If we keep dipping, i buy, if we rebound, i rejoice and keep my powder dry.

[Anonymous No.21711791]

>>21711104
I bought in at similar prices. Just wait and don't be a fragilista.

[Anonymous No.21711802]

Am I the only one unironically worried about asteroid mining rendering PM’s useless?

[Anonymous No.21711819]

>>21711219
Thanks, fren. I'm planning to hold for more than a year to get any gains taxed as cap gains. I will not sell any dips. If I can scrounge up cash along the way, I will any dips.

[Anonymous No.21711828]

What the actual FUCK

[Anonymous No.21711861]

>>21711676
I don't know. I get it from here:
https://www.cmegroup.com/trading/metals/precious/silver_quotes_volume_voi.html#tradeDate=20200820

[Heavyrotation No.21711864]

>>21711819
You're in great company.

[Anonymous No.21711900]

>>21711802
Dude we haven’t even been to space let alone have the capability to escape the van allen belt. What happened to virgin galactic? Why isn’t Elon still going for the moon? Do you really think we sent a golf cart to the moon 50 years ago?

[Anonymous No.21711908]

>>21711802
We have a better chance of landing a man on Jupiter than we do of mining asteroids in any significant amount in our lifetimes. It's a meme and a bad one.

[Anonymous No.21711927]

>>21711377
I’ve got like $20k in physical but I’m young and want to get ahead while the opportunity of a lifetime here exists. I’m not selling my positions anytime soon and I’m still up quite a bit overall both in physical and in miners

[Anonymous No.21711977]

vade retro satana

[Anonymous No.21711979]

>>21711641
It’s clearly a rendering

[Anonymous No.21711989]

>>21710911
I don't see that happening, as the economy goes to shit there will be people who have no job, no property, no prospects who begin starving and will run out of options. These people will sell their pms

[Anonymous No.21712010]

Keep buying lads, our time will come.

[Anonymous No.21712033]

>>21711828
REEE IT WAS SUPPOSED TO BREAK SUPPORT. FUCK THIS GAY MARKET, JUST FUCKING FALL ALREADY REEEEEE!!$!

[Anonymous No.21712036]

>>21711927
I have ~2k in physical and know I am older than you.
you are doing great

[Anonymous No.21712043]

>>21712010
Will it tho

[Anonymous No.21712054]

I am finacially cuckolded

[Anonymous No.21712062]

>Miners dumping again
>Gold dropping like a rock (Kek)
>Silver the eternal crab
>(((Comex)))

I am financially insolvent

[Anonymous No.21712086]

>>21712036
But do you have $350k in (((student loanssss)))

[Anonymous No.21712100]

>>21712062

[Anonymous No.21712133]

>>21711802
I believe that by the time we are mining asteroids for resources we will have spread so far out through the cosmos that the supply an asteroid mine brings will do almost nothing to the price of gold because of our vast wealth spread across the stars.

Buy more gold.

[Anonymous No.21712134]

Bro’s what the fuck is going on

[Anonymous No.21712139]

>>21712086
no, no where near that much, and look on the bright side the chances of a jubilee in the future are very real

[Anonymous No.21712141]

>>21712062
Buy more

[Anonymous No.21712165]

I choose to believe the crash is still coming by year's end.

[Anonymous No.21712170]

>>21712086
I have 75k of student loans, 41k in crypto, and 3k in miners, plus 6k or so in fiat.

Am I gonna make it?

[Anonymous No.21712171]

>>21711243
based

[Drawer Stacker No.21712222]

>>21711162
I'd take em to the wetwork myself

[Anonymous No.21712233]

>>21712170
>crypto majority holding

Normally I’d say ngmi but today I’m not feeling so confident so idk

[Anonymous No.21712238]

>>21711989
Yea but that assumes they have pms in the first place. The classless masses don’t have jack shit and it’s a sad reality.

[Anonymous No.21712260]

High IQ insider here. There won´t be many more dips, see this as a buying opportunity :) We will soon shoot up violently

[Anonymous No.21712267]

>>21712233
I'm adding to my miner stack now more than my crypto holdings so no worries there.

[Anonymous No.21712268]

I wonder if this has anything with Europe being basically back to square 1 with the virus and US cases going down (for now)

[Anonymous No.21712275]

>>21712134
just your average day
you really do need a strong stomach to handle this bullshit and thank god for GPL without them I would be all red

[Anonymous No.21712287]

im selling all my physical and miners today, last week was unironically the top

[Anonymous No.21712300]

>>21711104
I did the same thing. If you think this fiat scheme will run out soon but you missed out buying last year thrn what, really is your option? Best time to plant a tree was 10 years ago, the second best time to plant a tree is today. I bought a few oz of gold and few hundred of silver and im keeping track of my price per oz. I think my silver average is around 30/oz. Oh well, if I didn't have a decent stack I would feel much worse going into the next decade. Just try to keep continued stacking for local dips is all you can do from here on.

[Anonymous No.21712303]

>>21712170
sell some of that crypto and rebuy lower. There will be another huge crypto crash within the next months.

t. Insider

[Anonymous No.21712331]

>>21712268
It’s a scam, the media is creating the panic. Fear is the real virus.

[Anonymous No.21712340]

>>21712260
Every. Time.

I swear I listen to every PM podcast I can get my hands on and every day it’s “well todays price action wasn’t quite as hot as I expected but tomorrow should be reaaaalllll interesting keep your eye on the markets friends” and boom next day rolls around and it’s just more disappointment. I’m tired of getting cockteased.

[Anonymous No.21712363]

>>21712287
Try not to an hero when you realize you fell for the biggest bear trap in world history.

[Anonymous No.21712410]

>>21711900
based

[Anonymous No.21712439]

>>21712363
cope
have fun buying my bags

[Anonymous No.21712476]

>>21712300
Based. I’m still way way up and I buy via wholesaler so compared to then and now (with apex) I’m only down $150.
>65oz au
>820oz ag

[Anonymous No.21712493]

>>21712340
I know it's reddit, but have you seen the Big Short? The market can go on momentum for a while and really squeeze you before you actually get your payoff for being right. It's a rigged game. Even though we know about something that is inevitable, it doesn't mean it has to happen imminently. We're early, but we're right.

[Anonymous No.21712496]

>>21712062
>buy Aurcana because of /pmg/ memes
>drops 12%
j-just gotta wait a few more months

[Anonymous No.21712526]

>>21712439
As soon as you posted your first one on this gold rallied $10

[Anonymous No.21712561]

>>21712439
Capped for future goldlet cope posting.

[Anonymous No.21712577]

>>21712496
>buying on memes
you are going to make it anon
here have some titties and relax

[Anonymous No.21712595]

>>21712493
This is why you dont use leverage when you are trading the end of fiat currency. Everyone always points to pic related but that spike from 1920 to 1930s could wiped you out.

[1933 !!sePlmxqb4K8 No.21712636]

>>21711927
>tfw under 30
>tfw ~9k physical @spot
Damn

>>21712062
>insolvent
Anon, noooooooo. Today is a day to BUY!

[Anonymous No.21712671]

>>21712476
65 ounces of gold? Surely that's a typo, friend

[Anonymous No.21712696]

>>21712493
Yeah I’ve watched that and Margin Call a few times. I’m not selling shit and I feel like we are right but another voice in my head is saying that for every instance like the scenario highlighted in the big short, there are a hundred cases of people having economic theories that just never came to fruition. I haven’t put any capital into mining stocks that I can afford to lose but I just wanna see our theory become reality.

[Anonymous No.21712709]

>>21712331

Covid is a real and I had it. My lungs are so fucked I use two inhalers just to breathe. Don’t be an idiot.

[Anonymous No.21712719]

>>21712493
And if we weren't "early" we wouldn't have time to prepare, a difficult line to walk

[Anonymous No.21712730]

I have options on 1600oz of gold expiring september 21. Kill me.

[Anonymous No.21712754]

>>21712709
Boomer with diabetes confirmed

[Anonymous No.21712768]

>>21712671
Nope

[Anonymous No.21712795]

>>21712730
>options on 1600oz of gold
What are you, Seto Kaiba?

[Anonymous No.21712805]

>>21712709
nice anecdote

[Anonymous No.21712806]

>>21712795
It only cost $60k

[Drawer Stacker No.21712855]

>>21712709
I had it months ago and my senses of smell and taste are still only at 60% at best. Only had some minor nausea other than that. I was also one of the people who got a super strange illness around the end of october last year, so I very well could have dealt with the worst of it then. I vape heavily though and former smoker so I didn't notice any difference in my lungs + nicotine is supposedly a hugely beneficial treatment or something.

[Anonymous No.21712856]

WHY DID I STACK PMS INSTEAD OF LUMBER. PETER SCHIFF TOLD ME IT WOULD BE THE NEW RESERVE CURRENCY

[Anonymous No.21712879]

>>21712696
Yeah, but when you look at the fundamentals, nothing has changed. We have a debt to GDP level that we haven't had since WWII. We can't service this debt above zero percent. The Fed tried to raise rates and got to 2.5% before the market crashed in December 2018 and they had to reverse course. There is no hope for letting rates rise without crashing everything. That's what they should do, but it's the most politically unpalatable approach. The easier approach politically is to inflate the debt down to manageable levels and "default" in an indirect way through inflation. Politically, that works because by the time the effects are felt, the politicians have moved on. We fixed nothing after the last crisis.

[Anonymous No.21712886]

>>21712754

Not really, just a normal guy. I went to a bar once they were reopened me and my girl caught it a few days later. Shit happens lol

[Anonymous No.21712983]

>>21712886
Well I’m sorry for being dismissive. I wish you a speedy recovery.
Vast majority are already immune, I just can’t take the media fear cycle.

Good luck, god bless.

[Anonymous No.21712994]

>>21712886
Were you wearing a mask or were you following the illusions if president cheeto fingers?

[Anonymous No.21713004]

>$26.65

Keep it going Bogs!

>He wants to buy more? Dump it!

[Anonymous No.21713016]

>>21712856
Stack lean hogs

[Anonymous No.21713143]

>>21711099

Not bad. Sell weekly covered calls 90%-95% OTM after pumps if you want to reduce cost basis on AG.

[Anonymous No.21713144]

Why do people think mining companies are behind spot and will surge? Genuine question I'm hoping to have answered.

[Anonymous No.21713212]

>>21713144
well, mining companies sell paper gold to hedge. If they hedged their production at lower prices their upside is capped nearterm. Not saying thats what it is but it is a possibility.

[Drawer Stacker No.21713243]

Fuck these miners, crab city. About to sell my meager 2500 miner stack and put it towards a 100 oz brick

[Anonymous No.21713246]

>>21712300
what does thrn mean?

[1933 !!sePlmxqb4K8 No.21713264]

Hey guys, when gold finally hits its highs, is the optimal equities move going to be insurance brokers and P&C insurers?
>dollars collapse
>domestic manufacturing up
>more firms and investments in domestic manufacturing
>insurers are likely going to have eaten the most shit of everyone that's going to be viable moving forward

[Anonymous No.21713331]

>>21712331
One of my old TAs (a big fat bastard) died of it a little bit ago. My friend's boomer dad just got out of a 3 month stay in the hospital. It's definitely around. It's overblown, but not totally insignificant.

[Anonymous No.21713332]

>>21712994

Fuck a mask it’s a bar. Everyone was just packed like sardines so transmission was
Inevitable

[Anonymous No.21713373]

New SPROTT is out
https://youtu.be/0N2VKU3V3E0

[Anonymous No.21713423]

>>21712134
>>21712268
>>21712287
>>21712439

Dollar strong, bad for assets priced in dollars.

[Anonymous No.21713456]

>>21713243
That's a nice stack. Why the fuck did you buy silver shot, though

[Anonymous No.21713502]

>>21713246
Then

[1933 !!sePlmxqb4K8 No.21713508]

>>21713423
>Dollar stron
Lol how bad is everything else? I heard about the Canadian extension of their UBI. Turkey had their issues... Anything about GBP and EUR?

[Anonymous No.21713522]

>>21713502
oh ok thanks

[Anonymous No.21713559]

AHHHHHHHH I am down 600$ on my stonks and oly positive 13k on muh metals

I AM RUBIND

[Anonymous No.21713633]

>>21711173

SLV can do what it wants. Miners will make earnings on the actual price.

[Anonymous No.21713665]

########
26 days until 16th September
########

[Anonymous No.21713734]

>>21713373
CLiffs notes?

[Anonymous No.21713768]

Hey guys I have $400 billion do you think I should buy the largest retailer/employer in the world, or Tesla?

[Anonymous No.21713798]

>>21713243
Monday things will explode up again since it's a weak thurs-Fri combo.

[Anonymous No.21713809]

>>21713508

I don't trade FX markets so about all I know is what everything else is doing in relation to the USD. Dollar strength typically puts pressure on global markets, since >88% of all foreign exchange transactions worldwide are in USD. Presumably since the USD is considered a "safe haven", movement into USD is a defensive, deflationary signal.

[Anonymous No.21713854]

>>21713768
>QE1 - “this will end badly”
>QE2 - “this will end badly”
>QE3 - “this will end badly”
>ZIRP - “this will end badly”
>Repo - “this will end badly”
>QEinfinity - “this will end badly”
>Bond ETF’s - “this will end badly”
>Individual Bonds - “this will end badly”
Fuck it let’s party.

[Anonymous No.21713946]

Guys, what gloves do you use to handle your coins? All the affordable cotton gloves on Jeff bezos's book market are cotton/poly blends and thin Chinese shit.

Are the blue nitrile gloves safe to use? I can get them at cost at my work and they are powder free. Not sure if the polymer linkages have sulfur in them, I read it depends on the nitrile and how it is made

[Anonymous No.21713960]

>>21713373
>15:1 is a MINIMUM number
Sprott better mean that

[Heavyrotation No.21714055]

So right now LCS has 2010 Silver Eagle tubes 1 oz for $5/oz over spot. Might clean em out later or tomorrow.

[Anonymous No.21714056]

>>21713946
I use my bare hands

[Anonymous No.21714105]

>>21713960
I'm selling into gold at 30:1

[Anonymous No.21714108]

>>21713946
I stick my bars up my asshole very safe handling

[Heavyrotation No.21714118]

>>21713946
Yeah, those Amz gloves are thin run really small and rip easily. You can often find decent pairs at gas depots, stations for reasonable prices.

[Anonymous No.21714157]

>>21714105
same

[Heavyrotation No.21714261]

>>21713960
He genuinely believes that based on the resource availability. When we had a Gold standard in the US, they had 15:1 or 16:1. Their fear at the time (1900s) was that foreigners could come in with a bunch of Silver and clean out the Gold reserves.

[Anonymous No.21714290]

>>21713423
Gold is green. I repeat. Gold. Is. Green.

[Anonymous No.21714303]

>>21714056
Not worried about tarnishing?

[Anonymous No.21714316]

keep your eyes on the target and don´t forget why we´re here. We´re all in this toghether

[Anonymous No.21714333]

>>21714261
Solely because they essentially forex pegged the previous metals market

[Anonymous No.21714357]

>>21713960
If you think about it, it comes out of the ground at a ratio of 10:1 and silver's stock to flow is much lower as it's a vital manufacturing metal for electronics and a lot of that gets used in ways that is unrecoverable (at least anywhere near these prices).

[Anonymous No.21714368]

Fuck these bankers and their paper prices. Paper gold is about as useful as a paper gun. Keep stacking.

[Anonymous No.21714391]

>>21710874
how the fuck do i sell these things for anything worth their value without getting robbed by a nigger?

[Anonymous No.21714451]

>>21714316
I'm here because I was looking for 4chan MLP and was drunk and typed PMG and haven't left

[Anonymous No.21714461]

FUCK MY MINERS. GOD DAMNIT NOW IM GOING TO HAVE TO SPEND AÑL WEEKEND LOOKING AT RED

[Heavyrotation No.21714466]

Honestly hope they keep dumping Silver to close as low as possible.

Imabout to grab volume and clean out the LCS.

[Anonymous No.21714474]

>>21713946
nothing for normal coins.

Cloth gloves for rare/expensive stuff.

so far it has made zero difference, this entire pile has been fondled for 7ish years

[Anonymous No.21714476]

>>21714368
>made it

[Anonymous No.21714487]

>>21714368
Gorgeous stack. How long have you been stacking for?

[Anonymous No.21714492]

I'm checking these out today. I'm not american and I'm new to numismatics. Do these look legit to you? Can you name each coin so I can research them better and have more information to compare them to when I see them?

[Anonymous No.21714507]

another day of WHIPSAWWWWWWWWW

if only there was a way to profit from this volatility

[Anonymous No.21714533]

>>21714368

[Anonymous No.21714535]

>>21714108
stfu weirdo. go die a painful death somewhere all by yourself. we don't care. don't want to hear about it. just dissappear

[Anonymous No.21714559]

>>21714368
this guy is gonna make it

[Anonymous No.21714596]

>>21714316

>We´re all in this toghether

Cope cope cope
O
P
E

Says the retard who paid a 41% premium and lost bigly
Says the retard who bought the penny scam stocks and a giant loss
Says the retard who bought the miner ETFs laughing at you

SLV buyers laughing all the way to the bank

[Heavyrotation No.21714600]

>>21714559
Probably about 200Kish in PMs there.

[Anonymous No.21714618]

>>21714368
Based

[Anonymous No.21714626]

>>21714368
how much anon?

[Anonymous No.21714636]

>>21714492
I have a number of nickels from 1964. I dont think they're worth much

[Heavyrotation No.21714640]

SLV nog back. Filters on.

[Drawer Stacker No.21714675]

>>21713243
The smaller bag is sterling and was my first bulk PM purchase ever. I was going to make it into rings for a hobby, but then i discovered the secrets of the PM world and started hoarding.

The second bag is 25 ounces of .999 bought at $17/oz (incl tax and shipping) from the same jewelry supply store when EVERYONE was out of silver and gold.

[Anonymous No.21714702]

>>21714487
~5yrs

[Anonymous No.21714724]

>>21714636
They are silver coins apparently. I can test them but I'd like you yanks to identify them first so I don't have to look through hundreds of US coins online to find these and their information.

[Drawer Stacker No.21714733]

>>21713456
>>21714675
lol meant to reply to you, im out of coffee

[Anonymous No.21714735]

>>21714492
The top left 3 are quarters (25 cents). Those are 90% silver 1964 and before.
The bottom left three are dimes (10 cents). Those are 90% silver 1964 and before.
The rest are nickels (5 cents). Only the wartime (1942-1945) nickels have any silver in them. None of the nickels in your picture have any silver in them.

[Anonymous No.21714748]

>>21712133
Based.
People need to realize even if mining asteroids is a thing, gold only comes from the DEATH OF A STAR and no where else. That's where it's rarity comes from

[Anonymous No.21714776]

>>21714626
in this pic: ~80oz Au, ~4000oz Ag

[Anonymous No.21714791]

>>21714535
>Nooo im on 4chan and some one is weird
haha

[Anonymous No.21714801]

>>21714461
BIENVENIDO A LA FIESTA AMIGO

[Anonymous No.21714807]

>>21714735
Thanks anon, just what I was asking for. Made my job easier.

[Anonymous No.21714820]

>>21711900
Virgin Galactic is a joke. I've seen it first hand. They were going to take paying passengers on suborbital flights back in 2007 and now that they know their meme spaceplane is a death trap they are looking for a way out.

[1933 !!sePlmxqb4K8 No.21714846]

>>21714368
>filename
There's more?

[Heavyrotation No.21714892]

This kind of feels like back in Oct. of last year. If you were buying gold then under 1500 you might have thought that coin prices were high. Of course, by the end of December, they were not. Patience, and keep stacking.

[Anonymous No.21714901]

>>21714807
coinflation.com is a good source for this and can help take out the guess work.

[Anonymous No.21714916]

>>21714791
people seem to forget where they are, all these normies just coming here thinking they will change it...

it changes them

[Anonymous No.21714971]

>>21714916
>something something ocean of piss

[1933 !!sePlmxqb4K8 No.21714979]

>>21714535
>he doesn't use the direct line to the clockwork elves
NGMI

[Anonymous No.21715003]

Eric Sprott says we are going to 15:1 Minimum
I always wondered what would happen if I happened to end up doing work for Sprott at his house. I feel like we would just end of shooting the shit about metals. I do alot of work for wealthy people

[Anonymous No.21715040]

>>21714303
No, you'll only get tarnish if you leave oil on the coin. Touch the edges and it'll be fine. The coin is naturally protected by a thin layer of oil left from the minting process. Also store in a cool dry area. Warmth & Moisture cause accelerated tarnish. Not that this is a bad thing. I enjoy the toning on some pieces.

[Anonymous No.21715059]

>>21714901
I've been visiting numista, but their search is useless. I'll remember to check this one out.

[Anonymous No.21715147]

>>21714846
at a different location

[Anonymous No.21715212]

>>21714535
Can't tell if fragile or insecure

[Anonymous No.21715215]

>>21714492
These coins all seem legit, I don't think it would be profitable to fake them. The top three largest ones are quarters which are 90% silver and weigh 6.25 grams each. The mid-sized ones below them are Nickels which are not silver and are worth face value. The three small ones at the bottom are dimes, 90% silver weighing 2.5 grams each. The last coin is a buffalo nickel, it's not silver, but it has some numismatic value.

[1933 !!sePlmxqb4K8 No.21715218]

>>21715147
Based. When I have more powder, I'll be starting to get metals out of the USA soonish. Too bad I'm poor as shit

[Anonymous No.21715237]

Should I expect lower premiums if I go to a local coin shop?

[Anonymous No.21715258]

>>21715059
Here is the only site you'll ever need for world coins- gives live scrap values.
https://www.ngccoin.com/price-guide/world/

[Anonymous No.21715275]

>>21715040
Gold and silver coins that were actually circulated as money more valuable to me than newly minted bullion. It's why I like LMU gold coins and Constitutional Gold & Silver as the biggest parts of my stack.

[Anonymous No.21715291]

Between September and December there is 179,689 open interest on COMEX. This represents a short position of 898M oz

[Anonymous No.21715351]

Is there a way to scrape pricing history from dealers? Might be neat to construct a chart averaging the price you can actually buy at and contrast it against the fake spot price.

[Anonymous No.21715362]

>>21714724
There no silver in them, that's why they're called Nickels. The only silver ones were made from 1942-1945. All the other dates from 1866 to the present are made of Cupronickel as the name implies.

[Anonymous No.21715385]

>>21715237
My lcs was selling gold standing liberties for 2200 when online dealer was selling them for like 2100.

Don't know where this lcs low premium meme came from

[Anonymous No.21715413]

>>21715215
Thanks, the seller is convinced they are all silver but people here don't know any better and don't do their research. I'll try to get only the silver ones since he is selling them all for 54€. Maybe I'll pick up the buffalo indian guy as well for a few eurobucks.

[Anonymous No.21715414]

>>21712856
I have a stack of lumber in my workshop, should I sell now?

[Anonymous No.21715431]

>>21712994
CDC own studies showed then being ineffective for the flu which is a respiratory virus.

[Anonymous No.21715445]

>>21715385
Im just trying to figure out why I should buy local at all.

[Drawer Stacker No.21715503]

>>21715351
Im going to put one together, im ok with scraping and storing data, but need to learn visualization that isnt part of a super expensive enterprise software. Some of these guys might even have price feeds.

I want to be able to chart the difference between spot and a basket of items from specific dealers, and maybe specific items as well. It will be interesting for historians and us stamp collecting nerds.

[Anonymous No.21715515]

>>21715385
There are just some rapers out there. Try the midwest if you're having issues finding good buys. It can be worth 8 hours in the car. I do a lot of on the road buying.

[Anonymous No.21715561]

>>21715413
They're neat, but not worth much. I think every kid's grandpa has given them a buffalo nickel at some point.

[Anonymous No.21715633]

>>21711571
Same for gains though; that's what stackers don't understand.

[Anonymous No.21715706]

>>21715413
That's way too much - what part of the eurozone are you in?

[1933 !!sePlmxqb4K8 No.21715724]

>>21715503
>but need to learn visualization that isnt part of a super expensive enterprise software
You can probably get some R or Python libraries in your language of choice.

[Heavyrotation No.21715748]

Question for anyone with an ENGELHART 100 oz Ag bar. Have you removed the bar from the factory plastic?

[Anonymous No.21715762]

>>21715503
Perhaps with enough analysis we can find the hidden secrets of money?

[Anonymous No.21715830]

>>21715748
100 oz came in a factory plastic? I've never even seen one of those in plastic.

[Anonymous No.21715844]

>>21712493
>a rigged game
If it's rigged, then why do you expect a payoff? Surely the people rigging the game would wish to prevent that, since their gains happen in the infinite opportunity of stocks rather than 'limited' commodities like PMs.

[Heavyrotation No.21715878]

>>21715830
Yes, it has an American Flag. Pretty flimsy. I'll have to snap a shot.

[Anonymous No.21715884]

>>21712340
>caring about gold stock
>caring about daily dip in gold when it just got +60% in 2 years
dumbfuck should just trade cryptos lmfao

[Anonymous No.21715914]

>>21715706
He thinks they're all silver. That's why he priced is too much. I'll just pick out the silver coins and the buffalo for collection purposes.
>which part of the eurozone
The heavily taxed silver part (all of it). Southeast specifically

[Anonymous No.21715941]

>>21715003
He's wrong. The historical ratio will never be the same because at the time silver was tied to gold. It's not that modern silver is undervalued, it's that historical silver was OVERvalued. We'll never get a better ratio than 1:70 or so ever again. Buy gold and stop wasting money on silver.

[Anonymous No.21715954]

>>21715413
The coins only contain 0.75 ozt. of silver in total, I'd advise against paying much more than 20€ for the dimes and quarters.

[Anonymous No.21715958]

>>21715844
Because with what is on the horizon, they can't rig it for a whole lot longer. Every contract that takes delivery lessens their ability to manipulate. The economic reality will break the game they've been playing.

[Anonymous No.21715965]

>>21715237
Why dont you call them and ask anon? how the fcuk would PMG know what your LCS's are charging.

Some of my LCS are more expensive then online, a couple have better prices then anything online or in store.

You need to do some research for yourself and find out who sells to you for the cheapest, and who buys for the most.

the store I buy from is not always the store I sell to.

[Anonymous No.21715990]

>>21715941
do the opposite of what this guy says

[Anonymous No.21716025]

>>21715515
Just a shame because the guy seemed really nice and all Google reviews were all about how what a good guy he was. Not sure why he tried to premium rape me

[Anonymous No.21716034]

https://thehill.com/policy/finance/512961-more-than-three-dozen-fed-alumni-urge-senate-to-reject-judy-shelton

They're scared.

>The highest ranking person to sign the letter is Alan Blinder, who served as vice chairman of the Fed board of governors from 1994 to 1996.

Kek.

[Anonymous No.21716044]

>>21711099
>no MUX

ngmi

[Anonymous No.21716067]

>>21715954
I meant to pay 18.5€, which is more per coin than his original offer. I'll just be skipping the nickels. Hope he doesn't flip when he learns they ain't shit.

[Anonymous No.21716074]

>>21715958
>they can't rig it for a whole log longer
Wrong. If the USD wasn't the reserve currency of the world, then I'd agree wholeheartedly, and we'd be expecting Venezuela-tier shit. They will continue to rig it to their advantage, so either you play the game or you lose. PMs just give the illusion of choice in the matter, as if you have control over your financial destiny. The only control you have is if you invest in real estate.

>>21715990
Great to see (((you))) here.

[Anonymous No.21716082]

>>21715990
Nah he's right. Silver is a pathetic thing to buy.

[Heavyrotation No.21716090]

>>21715748
>>21715830
>>21715878

[Anonymous No.21716100]

>>21715941
The reason for the historical ratio is because of the ratio it was thought to come out of the ground. It now comes out of the ground at 10:1. On top of it, 70% of mined silver is consumed in manufacturing and essential for electronics. We're going a lot lower on the GSR.

[Anonymous No.21716121]

>>21715941
Silver is still good since it has industrial uses and gold is too expensive for trade and barter. I do myself wonder what the optimal stack ratio should be though, 15:1 is def too little silver for gold. I am aiming for 40:1, maybe 50:1

[Anonymous No.21716182]

You know what inam gonna say lads, you know I'm right.
You better prep that BHLL frens, thank me later

[Anonymous No.21716192]

Gold bouncing back up like the shape of Peter Schiffs erection ( straight up and almost vertical )

[Anonymous No.21716205]

>>21711099
I had 500 shares of MUX. Bought it as it has been shilled here quite a bit. Looked a little deeper and I'm not sure about feeling comfy about holding it long term. Sold it and put reallocated across the rest.

[Anonymous No.21716237]

So are Utah Goldbacks worth or nah? Drop some wisdom into my cup.

[Anonymous No.21716245]

>>21716205
meant for
>>21716044

[Anonymous No.21716283]

>>21716025
A warning for all anons- stay out of Moline Illinois - 2 shops there run by slimeballs

[Anonymous No.21716319]

>>21716237
to collect sure
to make profit, probably not

[Anonymous No.21716329]

>>21716100
The difference though is that silver is not used internationally for circulating currency, nor is it heavily used in photography. Also, lots of silver gets 'destroyed' after use, or ends up in garbage and landfills (mostly computer tech), whereas gold doesn't in the quantities. No, silver is less valuable than it ever was, so to expect a moonshot is simply ignoring the evidence in front of you.

>>21716121
>trade and barter
If you're in the US or Canada, then this is unrealistic. If you're in South America, Middle East, or Asia, then you need Gold to get out of the country when it collapses and to set up a new life somewhere safer.

The ultimate stack ratio would be all gold (bars, not coins), and perhaps 100 silver ounce coins.

[Anonymous No.21716330]

I’m trying to think what I would do right now if I was Jewish. They always seem to do well.

[Anonymous No.21716335]

>>21716074
I'd rather own PMs than real estate. Imagine being a landlord cuck right now being forced to let people live for free in properties you own.

Also, they give us outlets like PMs or Crypto on purpose because otherwise we'd stir too much shit. If they give us a cut of the wealth, we're more complacent and it aligns our interests more with theirs.

[Anonymous No.21716343]

>>21716082

[Anonymous No.21716368]

This week's gains
Got more on the way

[Anonymous No.21716376]

post yfw you'll never be stupid enough to lose your money on link

[Anonymous No.21716389]

>>21716335
I would not want to be a landlord right now at all. I'd be worried about getting Kulak'd.

[Anonymous No.21716460]

Every time miners start gradually moving up in a stair-like fashion they get clubbed and fall like an elevator.
ALL FUCKING DAY BOYS

infuriating

[Anonymous No.21716487]

>>21716067
Don't tell him the Nickels are all common dates, that would be adding insult to injury.

[Anonymous No.21716509]

>>21716329
>photography
What are you talking about? It's in every electronic device that runs the world. Yes, it gets "destroyed", meaning the available amount is less than the : it's coming out of the ground at. And no one is putting gold in currency either...but they will along with silver.

[Anonymous No.21716526]

>>21716074
>>21716082
the real (((you))) is you guys. How the fuck could silver be "historically overvalued" at 15:1 for..all of recorded history? Was JP Morgan's great, great, great ancestor somehow shorting the gold market by trading 500 stone tablets for every 1oz of real gold? If 12:1/17:1 was the ratio for the past 2000 years, that's not an overvaluing or an undervaluing- that's just the value, period.

The reason I didn't type this out the first time and just told everyone to ignore you is because you sound like some kind of anti silver shill. The ratio was average 115 in spring and has tanked continuously since then, to 70 now. It's not going to magically stop at [current value] just because you say so.

[Anonymous No.21716527]

>>21712496
Not prepping the BHLL.

[Anonymous No.21716531]

>>21716329
>The ultimate stack ratio would be all gold (bars, not coins),
This is just silly. Literally the opposite of what you are saying is true.

[Anonymous No.21716536]

>>21716389
I've said it before and I'll say it again, this cycle, the economic looting is much more targeting. They are specifically targeting the petite bourgeoisie, small landlords, and small business owners. They are running them all out of business through COVID policy and will take their properties and their market share.

The lower classes won't give a shit because of muh ebil landlord and muh capitalist.

[Anonymous No.21716552]

>>21715351
Im working on that right now actually lol. Need to add more websites, and set up a server to run constantly. Lots of cool ways you can visualize it, but I'm going to focus on mapping the premiums of different sites over time.

[Anonymous No.21716554]

>>21716368
very nice
but am I the only one who likes to actually fondle the real coins. I could not stand to keep them all locked away in plastic like that. I guess I would make a shit coin collector

[Heavyrotation No.21716555]

>>21716460
“Escalator up, elevator down”. Craig Hemke likes to call it.

Take the longer view, anon.

[Anonymous No.21716585]

>>21716389
Even if that doesn't happen wait until inflation hits and costs go up but govs are forced to stop rent increases due to high unemployment.

[Anonymous No.21716591]

>>21716536
Yeah. The landlord and small business owner are the last bastion of independence from this system. These shutdowns look specifically to target them.

[Anonymous No.21716611]

>>21716335
I'm not sure where you are, but there are laws where I live in which landlords can and will kick out people if they don't pay their rent. My tenants have paid theirs, but they're good people and I picked them carefully based on their credit history and jobs. But I know other owners in the same building who have kicked them out with the apartments staying empty. Such is life. Still, if you want actual value growth over the long term, the only mistake you can make in real estate is to buy in a shitty area that is 'diverse'.

You're completely right about the outlets like PMs or Crypto; it's like 'voting'. It gives the population the illusion of choice while actually restricting their choices to what the people in power want. That's why you want to get into positions of power. Real estate.

>>21716389
It's fine if you're in a good area/neighborhood. Do you Anons think all landlords buy in shit areas where crime is high, tenants destroy property, and vagrants walk in and sleep wherever they want like cows in a pasture? Be real. Middle-class folks need to pay rent like everyone else, especially in today's economy (prior to Covid). Furthermore, I can highly recommend areas near university campuses where students need a place for 4 years or less but can't buy. It's perfect for them and for you if you choose the tenant well.

>>21716509
Photography was the primary industrial use of silver for decades until film stock was eliminated. Now people harp on about 'solar panels', but that tech is useless in most parts of the world due to the actual amount of sunlight you can get annually. Silver getting 'destroyed' should already be a signal to you of how valued it truly is and why it'll never be precious the way that gold is.

>>21716526
>for all of recorded history
Because silver as tied directly to gold in terms of value. Since it is no longer tied to gold directly, it's value can be honestly determined based on supply and demand. Thus.

[Anonymous No.21716625]

MUX warrants (mqmnw) up 50% today! Which one of you let the cat out of the bag?!

[Heavyrotation No.21716632]

>>21716585
Once broad price controls hit, we’re Venezuala 2.0

[Anonymous No.21716642]

>>21716555
it's just infuriating. Had some calls in miners get wrecked today. They are fairly sort term too. Welp, I guess I should stick to physical and just stocks. Cant make quick money unless you are a banker and can legally manipulate the market.

[Anonymous No.21716658]

>>21716554
Purchased like this, I make an inventory and put them in plastic capsules which makes them easier to fondle, except junk silver, the stack you see, goes in tubes and I can toss them around once in a while and stuff them up my anus if I feel like it.

[Anonymous No.21716673]

>>21716368
Nice guldens

[Anonymous No.21716695]

>>21716642
Yeah, leveraging in a market like this is probably asking to get smacked. We kknow where it's going long term, but they still have enough control to fuck anyone trying to play the market with leverage. I'm just going to buy and hold because that's what my blood pressure will allow.

[Anonymous No.21716710]

>>21716642
or you know, realize short term options are even riskier.

[Anonymous No.21716714]

>>21716536
Yup.
Big businesses allowed to stay open.
Small businesses you get your license revoked or go to jail for opening.
Communist marches are allowed to proceed and (((big businesses))) flood them with money and support.
Marches against communism or lockdowns get you labelled as an "alt-right nazi" whatever that is and commies and (((big business))) target you and your family for violence.

[Anonymous No.21716736]

>>21716536
are you familiar with the high + low vs the middle concept?
In ages past you might have had a monarch siding with the common man to work against the aristocracy. Today its the bankers and their technocrats working with the imported brown hordes working against the usual white middle class.
https://neoabsolutism.wordpress.com/2017/07/03/high-low-versus-the-middle/

[Anonymous No.21716783]

>>21716368
Hello fellow Dutchanon, you bought them in Amsterdam I see

[Anonymous No.21716890]

>>21716526
And why do you think the ratio was 115 in the Spring? How could it possibly get to that stage if silver had any real value when the economy is booming? Your own logic defeats you.

>>21716531
Disagree. PMs are a store of wealth, not an investment. So you should store as much as you can in an little as you can (I wouldn't recommend platinum or palladium as no one bothers with it), and by mass it's gold.
Like other threads in /biz/, this one promises quick gains through miners. Then it promises 'safety' by encouraging people to buy PMs even if they don't have the money for it. Then it praises Anons for their 'wisdom' for buying PMs even when their at shit prices, because the 'costs average out in the long run'. It's bullshit.

If you like shiny things, just admit it. If you like feeling like a dragon over a hoard, just admit it. If you would rather buy PMs because you don't have the balls to save and invest digitally and you're afraid of spending the money in your account, just admit it. There's nothing wrong with any of this.

However, trying to come up with shitty justifications for your financial fears is pathetic. You want power? Buy real estate. You want more power? Get into politics.

[Anonymous No.21716897]

>>21716526
Historical ratios of 15:1 existed because silver had additional utility as a medium of exchange.

Nowadays, IMHO, the role of PMs is to be a store of value and not to be used as a medium of exchange. Gold is objectively a better SoV than silver due to density, rarity, and lack of tarnishing. It makes sense that longterm the G:S will continue to get bigger, but there's plenty of room for it to make big swings due to speculation.

[Anonymous No.21716898]

why is gold so expensive?

[Heavyrotation No.21716924]

>>21716898
Because fiat is such a farce.

[Anonymous No.21716966]

>>21716783
Theo is based, he has a nice shop and once in a while I pick up some of his bargains. Got one Rijksdaalder free today. And the others near spot price, I can already resell them for profit if I wanted. Didn't really pay for what theyre worth considering they go for much higher with historic value. Where do you get your metals?

[Anonymous No.21716967]

Just got gifted something interesting frens

[Anonymous No.21716973]

>>21716736
Yes, I understand it intuitively. The black-clad street marchers are unironically the vanguard shock troopers of the elite.

[Anonymous No.21716979]

[Anonymous No.21717013]

Sneed

[Anonymous No.21717020]

>>21716890
>And why do you think the ratio was 115 in the Spring?
Are we just ignoring that scotiabank was fined ~150 million USD for silver manipulation this week, and JPM has been doing the same but 100x worse?

You like gold and that's great, gold is the perfect store of wealth but it is too big to trade or use to actually buy things with. That's why it's always worked together with silver. Gold stores generational wealth at home, silver to buy things with day to day.

[Heavyrotation No.21717029]

>>21716967
Oh, nice. I remember those from when I was a kid stacklet.

[Anonymous No.21717039]

>>21716897
THIS!

>>21716898
Because right now people are scared that the economy (i.e. investments) will not recover for a while and they don't want to take a loss, so they transfer their wealth into PMs shortterm to 'preserve' the wealth in preparation to transfer their wealth back out again when the signs tell them the economy is recovering. It's a standard strategy, and it works every time.

[Anonymous No.21717085]

>>21716924
Wouldn't gold increase in value rapidly if the gold standard was reintroduced?

[Anonymous No.21717095]

>>21716973
yep. and the idiots are helping bring us all further into real slavery and real inequality. they're protesting over imaginary victimhood status issues. when were all victims of a broken corrupted system

[Anonymous No.21717111]

>>21717085
it would have a set price, thats the entire point of it

[Anonymous No.21717119]

>>21710874
You have no idea how much money I’d be willing to pay for a 5oz George Lincoln Rockwell round

[Anonymous No.21717131]

Is SLV a buy? Bullish pennant forming.

[Anonymous No.21717195]

>>21717020
>buy things day to day
What shithole do you live in?

Scotiabank was fined for silver manipulation. Will they be the last bank to be fined for this? Will this stop silver manipulation forever? Get real Anon. They do this in order to shore up their own accounts, not to fuck stackers.

>>21717085
Yes, and furthermore the government would have to make it illegal to own gold privately and confiscate what is on the open market. Then they'd have to buy up the all the miners. Only after controlling the production and the amount in the public could they reintroduce a gold standard. That still wouldn't fix the problems, because the gold standard doesn't allow for the flexibility required by the open market for growth. It restricts growth and investment, and in times of financial duress, people hoard gold but as a product it doesn't produce anything, thus contracting the market further. It's like you guys don't read history.

[Anonymous No.21717218]

>>21717111
So which is better for stackers? That we stay fiat or return?

[Anonymous No.21717227]

>>21716967
You should be able to get all of the dates for that album from coin roll hunting except for the 1943 steel cents and 1942-s (the rarest coin in the album).

[Anonymous No.21717228]

>>21716736
>neoabsolutism
lmao imagine thinking being an absolute monarchist is a viable alternative to our current problems.
Just as dumb as commies

[Anonymous No.21717248]

>>21716673
>guldens
my favorite mustards

[Anonymous No.21717255]

Extreme normalcy bias here. People thinking we will go back to usual are ignoring the debt, our inability to service it above zero, and the continued need for the Fed to buy bonds to keep it all from collapsing. We never got out of the last crisis. This entire "recovery" since 2008 was due to artificially low rates and liquidity. Deficits got worse, not better. We are at debt to GDP not seen since WWII. I don't know how someone can look at this situation and walk away thinking we are on the road to recovery. It's the most foolish kind of hopium delusion, or worse, it's intentional disinformation to keep people from preparing themselves.

[Anonymous No.21717256]

>>21717029
It was very nice and unexpected. I gave the person a 1oz Asahi Round that I had on hand as a thank you
Can't wait to put it next to my stack

[Anonymous No.21717315]

>>21716121
What does this 15 to 1, 40 to 1, and 50 to 1 ratio stuff mean here? Noob trying to understand what you mean.

[Anonymous No.21717344]

>>21717195
>That still wouldn't fix the problems, because the gold standard doesn't allow for the flexibility required by the open market for growth. It restricts growth and investment
How?
Because of its fixed quantity? You could divide it an near infinite amount of times just like bitcoin.

[Anonymous No.21717345]

>>21717315
15 oz of silver to one oz of gold, so a 15:1 ratio of silver to gold

[Heavyrotation No.21717358]

>>21717085
The "value" would depend on what the gold price in the currency is fixed at and what ratio and governance (resolve and discipline) of gold reserves to the currency in circulation is maintained. The best measure of the real "value" at that point in time would be gold's value against other assets while the currency (convertible into gold at the fixed rate) that is on the gold standard serves as a proxy and convenient medium of exchange.

[Anonymous No.21717361]

>>21717218
If the US dollar gets pegged to gold you have other problems

[Anonymous No.21717379]

>>21716966
I had a friend in Germoney which I visited often, the bullion there is much cheaper then here. I orded from there from https://www.muenzen-engel.de/ They do ship here but it costs like €40.

In the Netherlands I usally buy from goldsilver.be, I think they are the cheapest

Also >checked

[Anonymous No.21717411]

>>21717345
Oh ok I get it now thanks. Think I kind of knew that but I get it now.

[Anonymous No.21717429]

>>21717228
but they are right both in their human anthropology and in their understanding of power. a huge part of our problem comes from a division of power and power centers fighting each other. Power needs to be made explicit, not implicit with the bankers and their shadow oligarchy, and it need to be unified in to a single center.

[Anonymous No.21717482]

>>21717131
It might be better to do your calculations based off of SI, the silver futures as that is what SLV is based off of. I have noticed there are discrepancies between the two tho. Aside from the bull pennant you are mentioning, between 1980 and now there is a cup and handle formed for gold.

[Anonymous No.21717522]

>>21717195
>flexibility
Yeah, flexibility that is ALWAYS abused. The reason they wouldn't want a gold standard is because it's a hard check against wasteful government spending. All government spending has to be paid for by the people, whether it's taxes or sneakily through inflation. There's no accountability through inflation. Instead, government spending needs to be kept in check by forcing government to do so through taxation. That way the people get to immediately feel the effects of what government spends. The "inflexibility" is a good thing because it keeps governments from spending more than the nation produces and can fund with taxes. It's *you* who ignore history that currency debasement always ends poorly and is a sign of decline, not ascension. And fiat has an even worse history. Serious normalcy bias here. MMT fags think they are the first people to invent bullshit. Meanwhile mankind has been fine with gold and silver for the vast majority of our time here.

[Anonymous No.21717551]

>>21717248
Can't say I've seen this done to silver before.

[Anonymous No.21717563]

>>21717344
He means that you can't print gold. Fiat money is so popular because it's effective, societies that have the option to brrrrrrt can outperform societies without that option in the short term. The issue is that the brrrrrrt is too tempting and always starts to get used more and more irresponsibly.

[Anonymous No.21717564]

>>21717429
It's better to have a monarchy of the people rather than an oligarchy of a foreign tribe intent of swindling the people to whom they feel no kinship.

[Anonymous No.21717575]

>>21717315
in one context here, its the ratio of Gold to Silver you have in your stack

other context used here is when discussing the current and historical ratios of Gold and Silver market values (PM spot prices)

[Anonymous No.21717582]

>>21717020
I guess my issue is that I don't see their monopoly ending within my lifetime especially with covid accelerating Rockefeller agendas even faster.

[Anonymous No.21717615]

>>21713960
I'll sell my slivers at 3:1 GSR

[Anonymous No.21717617]

Line go up

[Anonymous No.21717639]

>>21717575
Ahhh nice. Thanks again

[Anonymous No.21717666]

>>21714368
I've never felt like more of a stacklet

[Anonymous No.21717667]

>>21717582
The accelerating agenda is a sign of weakness not strength. The slower you can roll things out the better.

[Mongolian Silver No.21717671]

>>21711131
If TSLA keeps this up for two more years it will be more valuable than the entire US GDP.

[Anonymous No.21717687]

>>21717248
They have a mustard named Gulden's in the Burgerland? That is kind of funny

[Anonymous No.21717693]

>>21717666
Checked. Yeah same. But that's ok. You have your stack and it's yours.

[Anonymous No.21717712]

>>21713809
Citation needed for those numbers my bruh

[Anonymous No.21717713]

>>21717344
It all comes down to how people 'borrow' money from banks and lending institutions. Due to the current system, if you go for a loan, the bank gives you money and you promise to pay it back at some point in the future, along with interest. However, the bank does not actually have the full amount in their vault that they are giving you, they only have a fraction of it. So, they are creating money out of nothing and giving it to you, and you're using it to invest in whatever. If you pay back the bank loan with interest, then they make a profit of the interest. If you make money on your investment of the funds from your loan, you make profit too. But it's all done from money created out of a promise. Lenders do this for large corporations and governments as well. This allows people and companies to grow.

With restricted PMs, this money can't be created out of nothing. If the bank doesn't have the gold to support the loan, then it can't issue the loan. Growth stagnates, and the only way to increase the PMs of the country is to mine more or go to war and pillage another country. It's that simple.

>>21717315
Also, there are Anons who believe that the historical ratio of 15:1 (15 silver to every 1 gold) in value will return. This is a pipe dream, but it's their hope because for a time before Covid silver was around 100:1 or so, which meant that if you'd hoarded silver and the ratio dropped to 15:1, you'd have gained significantly in your holdings. So, the 'lottery' ticket is dangled in front of their eyes, but it's based on a different world.

[Anonymous No.21717789]

>>21717617
Wrong line

[Anonymous No.21717793]

>>21714368
holy moly look at this whale

[Anonymous No.21717795]

>>21717482
thanks fren

[Anonymous No.21717815]

>>21717713
They actually don't need to have any of it. The create funds. Richard Werner proved this empirically in 2014. Also even if reserves did matter, they don't any more because the Fed made the requirements 0%

[Anonymous No.21717858]

just ordered my first 20 franc Swiss Vernali gold coin.
now begins the Aniticipations

just paid off my truck so now ill take the equivalent amount of that monthly payment and use it to buy a fractional gold coin every month

also ordered a couple of those 1oz Engelhard silver prospector coins. neat lookin coins

[Anonymous No.21717867]

>>21717713
printing money from nothing, increasing the money supply, is just debasing the currency. You could debase a gold backed currency just as easily by adjusting the ratio of dollars to oz of gold. Hell rome debased their metal coins just as easily as the US prints dollars.
If people were more aware of how such actions debase the currency they wouldn't allow it and you are right things would slow. Maybe that's a good thing.
Why is rapid progress of value over slower progress? Your whole argument rests on a set of propositions I reject.

[Anonymous No.21717896]

>>21717379
Isn't it risky ordering from abroad? It has to go through border customs and I don't trust them with my metals. My main addresses are Theo and previously Kevelam but they increased their prices recently after they stopped majority of their sales. Reliable business nonetheless.
There's also a lot of scammers man, especially in Rotterdam, they have a knack for making money and metals dissappear and then opening new shops under a different name. Luckily I do research before making a deal. Lately I'm taking more risks with catawiki and marktplaats, but it's not very hard to see who's legit and who's trying to scam. Lot of good deals on the private market.

[Anonymous No.21717907]

>>21717522
Yes, the flexibility is always abused. That's why the people in power want it to remain so. You forget however that the world is entirely different financially ever since PMs were no longer backing any currencies. We're in a new experiment, one never seen in the history of our planet. Why should it turn out the same when the conditions were different? Think about it. 'Fiats always collapse'. Yup. The question is: when? Can you answer that question? Will the USD collapse in 100 years? Probably not. Will the Euro collapse in 100 years? Quite probably, and likely by 2030 (conservative estimate).

>>21717815
Correct, but in Western countries there are legal requirements for banks to have a fraction (hence fractional lending). I think lending institutions that are private are the ones that don't need to have ANYTHING in order to lend money...lol
Incidentally, if you Anons are serious about all this, DEFINITELY check out Richard Werner...he's fucking awesome.

[Anonymous No.21718011]

>>21717907
Im reading his book princes of the Yen right now. Also in the US There are no longer reserve requirements. The Fed openly talked about this in march.

[Anonymous No.21718079]

>>21717867
The issue is that the fiat systems can outcompete sound money over the short/medium term. It's like doing meth to clean your house faster, it works but you'll pay the price later.

It's entirely possible that the boom/bust life cycle of fiat currencies is a more effective mode of human society than sound money. Anyway, don't fight it, surf the kali yuga brother.

[Anonymous No.21718089]

>>21717713
So the current silver to gold ratio is about 75 to 1 correct? That seems pretty solid to me.

[1933 !!sePlmxqb4K8 No.21718107]

>>21716890
>Like other threads in /biz/
I should have stopped reading here. You get paid a good amount for this?
>this one promises quick gains through miners.
I think most state it's a minimum 2 year play.
>Then it promises 'safety' by encouraging people to buy PMs
Sound money, isn't safe? Money you control isn't safe?
>even if they don't have the money for it.
Never, because you get raped on the spreads if you have to sell to cover your ass.
>Then it praises Anons for their 'wisdom' for buying PMs even when their at shit prices, because the 'costs average out in the long run'. It's bullshit.
Keep trading paper, buddy

[Anonymous No.21718217]

>>21716034
based gold standard mommy just wants the best for her american kiddos

[Anonymous No.21718244]

>>21717867
Yes, but the whole point of a PM based currency is that the govt restricts debasing. That's the argument put forth by PM stackers who believe in a version of moral or ethical 'rightness' towards 'responsible spending'. Historical debasing of gold and silver happens of course, but everything takes longer (on the rise and the fall).

What you have to remember is that people are greedy, not because they're evil but because it's a biological instinct. If you're in the jungle, you want to have more food than others so you have a better chance of survival, and more food usually means you can have more mates and children. It's that simple; the instinct is there, but instead of a jungle we have stocks and bonds, thots and dogs. We haven't evolved, but we're using different means. Rapid progress is valued over slower progress for the profit margins. Why wait for 25 years to make a million dollars when you can make it in 2 years? When I was a kid, to be a 'millionaire' was actually a big thing, it was rare. Now it's the same only to be a 'billionaire'. That's how currency has inflated, but also how the income gap has widened.

>>21718011
I haven't gotten to it yet, but he has tonnes of youtube interviews and talks. Thanks for letting me know about the US requirements. At least we know...lol

>>21718089
It changes on a daily basis. Here's the thing to remember: the GS ratio only matters if you are going to convert silver to gold. If you don't, then it's as interesting as the current prices of fowl at a medieval market.

[Anonymous No.21718292]

Just for (((21718107)))


>Here, buy my 'precious' metals.
>Don't be a fool, buy my 'precious' metals.
>The gov't doesn't want you to own any, but you're smarter than that. Buy my 'precious' metals.
>The world economic system is going to collapse, but it's a secret that only I and a few other merchants know. Buy my 'precious' metals.
>If you buy it from me, I'll only charge you a small premium. But don't worry, I'll definitely buy it back from you when you wish to sell. There might be a small premium, but you'll have saved yourself from disaster. Buy my 'precious' metals.
>Hyperinflation is a certainty, and the stock market is rigged. The only way you can win is to not play the game. Buy my 'precious' metals.
>The silver:gold ratio is historically wide to such an unprecedented level that you're guaranteed to be rich when it returns to normal. Just make sure you buy as much as you can now. Buy my 'precious' metals.
>Forget land, real estate, stocks, or anything else, because the government can repossess all of that. Make sure you have gold and silver and hide it well so that when the federal agents come to confiscate it, your wealth will be secure. Buy my 'precious' metals.
>The USD is guaranteed to go tits up, requiring the US to go back to a gold standard. You'll be one of the only ones who survives with his finances intact, unlike the other fools. But don't wait, buy my 'precious' metals now before it's too late. The price seems high to you? Well, you missed the dip, but it's only going to go higher, so keep on stacking. Buy my 'precious' metals.

[Anonymous No.21718297]

>>21717358
Regardless of the value set, if gold and silver were to become ubiquitous worldwide, wouldnt they absorb the entire purchasing power of all nations current currencies?

[1933 !!sePlmxqb4K8 No.21718298]

>>21716890
Also
>he hoards tax liabilities when the population pyramid has turned into a tube and deficits are greater than ever, and private debt is greater than ever, and people have never been poorer
What are you even doing?

[1933 !!sePlmxqb4K8 No.21718339]

>>21718292
That's a big post

[Anonymous No.21718395]

>>21717713
>WHAT IS SUPPLY AND DEMAND??? ARE YOU SUGGESTING PEOPLE SHOULD COMPETE OVER SCARE RESOURCES INSTEAD OF PUSHING THE COST ONTO A THIRD PARTIES?! LEARN ECONOMICS!!!!

[Anonymous No.21718404]

>>21717713
Imagine actually believing that PM-backed currency and fractional reserve banking are mutually exclusive!