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/biz/ - Business & Finance


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27838221 No.27838221 [Reply] [Original]

I fell for the silver meme :(

>> No.27838307

the great thing about silver is that you can't lose, fren.

>> No.27838401

>>27838221
Silver isn't an "investment" it's your fallback option for IF shit goes tits up

>> No.27838890

>>27838221
>oh no guise i spent $150 on silver
I spent 20k, pick related. just got off the phone with the dealer I purchased from after inquiring about the status of my order. he is saying they have NEVER seen a burst in ordering like they did last weeked. He was also telling me they have backorders that they won't be able to fill until 3 months out.
the SLV price is rigged and kept down. there is a complete disconnect between the price of physical silver and paper silver. just fucking hold, this could be huge. That or it will slowly grow in value and you'll be presented with multiple opportunities to sell at a profit in the future.

>> No.27839027
File: 78 KB, 553x654, pslv.png [View same] [iqdb] [saucenao] [google]
27839027

>>27838890

>> No.27839097

>>27839027
Yikes

>> No.27839121

>>27838890
$SVL is a gamble. I bought in, and I'm not too fucking pleased.

>buy physical
>invest in USD crashing

>> No.27839176

>>27839097
go buy some dogecoin, zoomer

>> No.27839177

>>27839027
some more info to add. I will be storing this in my house, safe hidden in the wall type of shit, so i asked an insurance company what it would cost to cover this. they literally said they could not properly assess the amount since silver was going up so quickly...

>> No.27839309
File: 101 KB, 1024x993, 1612372580186.jpg [View same] [iqdb] [saucenao] [google]
27839309

>>27838221
>fell for a meme
You fundamentally don't understand silver if you think its a meme. It's not a fucking speculative asset, its an insurance plan. At least do a iota of thinking next time you ape into something.

>> No.27839422
File: 1.39 MB, 3024x3440, 1596557380444.jpg [View same] [iqdb] [saucenao] [google]
27839422

>>27838221
it's shiny tho

>> No.27839425

>>27839027
some nigger is going to steal it off your patio kek

>> No.27839454

>>27839097
>yikes
why the fuck would you buyt $150 worth of silver? What are you hoping to have one day, $600 worth of silver? like buddy said, try your hand at some doge coin or i've heard good things about shiba.

>> No.27839560

>>27839425
lol, i dont live by niggers but I also work from home (one of the day traders that made it). Once delivery confirmation is emailed i'll be sitting on my porch waiting.

>> No.27839588
File: 2.52 MB, 4128x2322, all in.jpg [View same] [iqdb] [saucenao] [google]
27839588

>>27838221
>he didn't go all in

>> No.27839683
File: 61 KB, 1000x800, 1611599074674.jpg [View same] [iqdb] [saucenao] [google]
27839683

>>27839588
Those are some good looking bars

>> No.27839886

>>27839588
Ok kinda cool but also kinda cringe. Nice digits too.

>> No.27839891

>>27839588
noice, can't wait for my delivery. i'll post some pics when it rolls in.

>> No.27839991

>>27839027
Cringe man

>> No.27840011

>>27838221
Well someone bought a lot, everywhere around here is either cleared out or not selling.

>> No.27840062

>>27839588
whered you pick those up?

>> No.27840089

>>27839027
Well at least it's not gamestop stock

>> No.27840097

>>27840062
Apmex

>> No.27840118

>>27839588
Redpill me on why novelty bars are just as good as recognized bars (Like the RCM)

>> No.27840214
File: 1.75 MB, 1080x1080, 1578107810031.png [View same] [iqdb] [saucenao] [google]
27840214

>>27839991
saying cringe is gay as fuck. Everyone laugh at this gay fuck.
AHAHAHAHAHAHAHAHAHAH

>> No.27840260

>>27838307
You can if its $32 spot & a $15 premium
All these plebut/pol tards are going to flood their silver into nigger pawn shops

>> No.27840291

>>27838401
it's a hedge against inflation, retard. jfc

>> No.27840327

>>27839991
HAHAHAHAHAHAHAHAHAHAHAHAHA

>> No.27840397
File: 2.31 MB, 2560x3000, bayhorsesilver.png [View same] [iqdb] [saucenao] [google]
27840397

>>27838221

I prefer silver miners.

>> No.27840457

The current state of money printers going brrrrr for the past year got me on board the PM train.

Started my journey with 100oz bar. Likely to add some rounds and maybe some mercury dimes for blowjob insurance.

I regret nothing.

>> No.27840495

>>27840118
not sure, i just know the premium is higher on these bars and they look better. I'm vain as fuck and i know i'll get top maple bucks when i sell the rcm bar.

>> No.27840514

>>27839588
I almost got these a few months ago, they were on sale. But I wasn't sure about selling them back, see >>27840118

>> No.27840534

>>27838221
kek

>> No.27840570

>silver
>not gold
reddit

>> No.27840574

>>27838221
Put under force in a vice and it’ll crack open to reveal worthless metal Beneath.

>> No.27840616

>>27840570
Gold is tacky
Silver is classy

>> No.27840627

>>27840397
>butthorse
into the bin it goes

>> No.27840721

>>27840570
actually if you look at the gold/silver ratio right now - silver is the better deal

>> No.27840722

>>27840118
they aren't
only bars that carry a premium are lady fortunas
only wiggers & carny trash value bars/rounds with tacky images

>> No.27840755

>>27839422
Honestly you aren't wrong. I just got some and I've never seen such a shine before.

>> No.27840766

>>27840118
>redpill me
STFU
10 oz of silver is 10 oz of silver no matter what shape it's in. The premium on pretty bars may or may not be recoverable when it comes time to sell.

>> No.27840805

>>27840397
Basedhorse

>> No.27840832

>>27840260
Yea fuck those premiums. I’m not paying a markup almost equal to the total price of the silver I bought last year. People buying physical right now are dumb as fuck. The only thing you are squeezing is the markup physical retailers are charging you. There is a fuckload of physical silver sitting around in huge bars in vaults. It takes time and effort to make those 1000oz bars into little on oz coins and ten oz bars etc to sell to these morons who think owing a few grand worth of silver is gonna save them in the apocalypse or make the, rich or whatever they believe.

>> No.27840871
File: 3.61 MB, 3936x2624, collage-gold-coins-and-bars-2.jpg [View same] [iqdb] [saucenao] [google]
27840871

I don't care what people say, to HOLD and to PHYSICALLY TOUCH bullion and precious metal rounds FEELS FUCKING GOOD. Holding a Golden Eagle or a 2 ounce silver round feels like having sex and cumming.

>> No.27840872

>>27840755
Yeah, it's pretty stunning when you see it IRL for the first time. I work in industrial mfg, so my first exposure was getting back silver plated bolts. I opened the box and they absolutely glowed. That's when I decided to buy some physical.

>> No.27840917

>>27839422
Post a pic of your Orient watch

>> No.27840961

>>27840832
t. doesnt belive in vampires

>> No.27841028
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27841028

>>27838221
You're going to thank yourself in 6-8 weeks when silver moons (it's just beginning)

>> No.27841060
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27841060

>>27840917
It's a good brand.

>> No.27841176

>>27841060
Looks good

>> No.27841229

>>27838401
kinky

>> No.27841249
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27841249

>>27840871
Based silver leaf, I’ve got 5 in my safety deposit box.

>> No.27841282
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27841282

>>27839027

>> No.27841329

>>27841176
Thanks, I like it. Unfortunately I sold some crypto to buy it which would be worth much, much more now. Live and learn. Least I got muh watch.

>> No.27841414

>>27840832
You are correct sell all your silver is worthless.
Also do not buy any silver it is a meme.
But toilet paper money inflated stock and digits on a PC is very safe go all in !!
>>27838221

>> No.27841423

>>27840961
(((vampires)))

>> No.27841517

>>27840118
Anon it doesn’t matter what shape it’s in the value is the metal
Atoms and stuff

>> No.27841623

>>27841423
you really should visit /x/ more often
you know that covid was because of a BAT ?
A BAT !

>> No.27841705

Guys honest question I struggle to see how silver has any actual value
>Fiat currency with no real intrinsic value collapses
>Silver which has no real intrinsic value beyond being a really good conductor doesn’t get hurt by this

>> No.27841774
File: 204 KB, 996x664, troy.jpg [View same] [iqdb] [saucenao] [google]
27841774

>>27841249
>>27840871
>>27839588
>>27839027
>>27838221
>he didn't buy a vintage troy oz.
What a waste

>> No.27841802

>>27840832
Wouldn't junk silver be a better play right now if you're worried about premiums?

Also, you can still take advantage of the premiums yourself by just selling it to other stackers at the premium rates. Don't flush your money away at a (((dealer))) paying you under paper spot.

>> No.27841900

>>27841705
You don’t need to think it’s valuable, as long as the people you need to buy things from think it is that’s all that matters.

>> No.27841934

>>27841705
>>27841423
(((vampires)))

>> No.27841990

>>27841774
I didn’t “buy” anything, they were a graduation present from my grandpa.

>> No.27842053

>>27841517
lulwut?
go to a shop with 4 oz of silver
a numismatic piece
an american silver eagle
generic apmex bar
carny trash wigger round with a stripper on it

>> No.27842062
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27842062

>>27841705
Good, don't buy it.
I want cheapies.

>> No.27842168

>>27842053
Ok I believe you now

>> No.27842175

>>27838401
Why not gold? Unless you were referring to all precious metals.

>> No.27842359

>>27841705
you cant print silver

>> No.27842391

>>27841705
Silver has been valid currency in commerce for thousands of years, that's all you need to know.

>> No.27842459
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27842459

>>27842359
A striking point, anon

>> No.27842570

https://www.youtube.com/watch?v=6r9r5Bc2Ku8&t=174s

$AUY has 56 million ounces in proven and profitable silver in their existing mines

>> No.27842588

>>27838221
You stupid cunt.
That said, what's the problem? It's a wonderful metal, nice to look at, nice to touch, it's a store of value, it's not some piece of paper that could be worth zilch tomorrow, it's not a bunch of bits and bytes that cease to "exist" once the power goes out. You have an actual, physical value right there. I think it's nice, and you should be happy. It could be worse.

>> No.27842630

>>27842175
Gold works too. I think silver is more accessible to the average person. You can get a silver coin for 30 bucks but a similar amount of gold is less than the size of your fingernail

>> No.27842675
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27842675

>>27840871
t. picrel

>> No.27842689

>>27839588
wow i like those a lot

>> No.27842783
File: 9 KB, 221x228, pirate.jpg [View same] [iqdb] [saucenao] [google]
27842783

>>27838307

What do you mean fren? I lost mine in a boating accident

>> No.27842855

>>27842175
Gold will be too valuable in a SHTF scenario, even the smallest pieces will be overkill in everyday trading. You will either end up having to trade if far below value or you end up getting robbed or killed for it.
Some small silver denominations are great in such scenarios. You'll be able to make fair trades with less incentive for potential bad guys to fuck with you, as the risk-reward seems way more unprofitable than with gold.

>> No.27842955

>>27840397
I looked, may be a good play IF silver moons but dat dere valuation

> .09 share price
> 300% up off the lows
> negative 6+ EPS
> microcap at like 70m
> literally no volume, not even a single resting bid or offer.

What do you expect me to do in there? It doesn’t even trade and from the looks of that “white paper” it’s basically just a boomer who managed to get some land with silver in it to mine as a hobby.

It is very tempting cause if his shit pans out getting in now would be like buying BTC at 3$.

Fuck it, sent an order for 50,000 shares but my price is 0.06c. Come fill my order and I’m in.

>> No.27843100

>>27840291
This, thats all it is for now

>> No.27843128

>>27841990
Thanks uncle Mosh.

>> No.27843281

>>27841414
>>27841802

I’m selling puts in SLV have been for weeks. The VOL is fat and I am generally bullish on silver. So if it tanks and they wanna put SLV in my hands for under 25$ where I’m selling puts I’ll take it. If not then more fiat to sell more puts to get more fiat to sell more puts.

>> No.27843302
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27843302

i still believe in the vampires meme:
1. evil vampires inherit the earth
2. turn into a bat
3. covid
4. get killed off by silver investors
5. world will be good again

>> No.27843397

>>27842955 checked
Anon put it into an actual miner or diversify that money into multiple metals

>> No.27843477

>>27839121
Shit take

>> No.27843573

>>27841990
Based and grandpapilled

>> No.27843624

>>27843397

I’m already diversified and long all the metals from way lower prices, even platinum.

This is a lottery ticket play for me. I’ll throw 3k at it and hope for the 100x sometime in the future while fully expecting this stock to go to zero and be delisted.

>> No.27843651

>>27842062
Same, i can use silver for all kinds of stuff and I dont want retards driving the price up

>> No.27843715

>>27838221
arent you taxed on it when you sell?

>> No.27843896

>>27841249
>safety deposit box
You know banks can just legally confiscate those anytime they want right? Keep it at home, keep your mouth shut, and invest in a firearm or two

>> No.27843987

>>27843715
no taxes
pawnshop, ebay or on the market to buy goods from a farmer
its doomsday money

>> No.27843988

>>27838401
True, people need to understand this, silver is NOT an investment.. It is simply a hedge. It does not grow or create but it also doesn't shrink.

I always try to tell my boomer dad who's all in PMs..
I don't think anyone should be all in into metals, you still want to diversify into multiple things so you can grow your silver amount over time.

I'm still glad I got into crypto instead of PMs because now I can buy way more then before instwad of having the same static oz. Its still fantastic to own and you can have a chance to get some wealth transferred if / when the dollar happening happens.


Also if you don't have any prepping supplies and guns you should skip PMs for now and cover that base first, because if shit goes down you want to be able to last long enough to use your metals instead of starving or getting it all looted

>> No.27844025
File: 1.17 MB, 1080x1920, Screenshot_20210201-162700_Gallery.jpg [View same] [iqdb] [saucenao] [google]
27844025

Bought this the other day. Had to pay $35/oz. Felt like a chump, but whatever.

>> No.27844172

>>27839177
>He purchased at $40.65 per ozt
yikes

>He purchased more than $10,000 in one go
You know under the law, the IRS knows about your silver purchase, and will come knocking when the confiscation is ordered

You're supposed to break up your purchases into $9,999 chunks, spread out across different vendors

>> No.27844176

>>27839027
Dude you should of got half that as Merc dimes quarters and 1 oz rounds.. You want to be able to have liquidity and make change..

Constitutional money is great, its easy to recognize and very divisible. We will live to see the merc dimes become a real meme

>> No.27844188

>>27843987
nice

>> No.27844290

>>27844188
wont be nice times
look at any country that hyperinflated

>> No.27844309

>>27844025
It is chump price but the difference between 25 and 35 is negligible compared to where it should be. Point is you have some now.

>> No.27844352

>>27840832
Have you considered that maybe the paper and physical prices are diverging?
I thought its pretty obvious by now

>> No.27844416

>>27839027
You seriously paid $40.65 an ounce for 500 ounces? WTF how could you not get a better bulk deal? I got only 8 ounces of silver at $29.50 per ounce like a week ago and that included shipping + tax (my state sucks).

>> No.27844582
File: 133 KB, 828x1444, 1612495253825.jpg [View same] [iqdb] [saucenao] [google]
27844582

Silver isn't a meme.
SLV is.

>> No.27844703

>>27844352
>paper and physical prices are diverging
clearly happened some time ago
in 2008 it was also clearly visible

>> No.27844731

>>27842955
>microcap at like 70m
>literally no volume, not even a single resting bid or offer.
this is exactly when you buy retard, you already know there's high demand for physical silver yet it hasn't reflected that in the market. this is what it feels like to be early

>> No.27844853

https://usdebtclock.org/
dsr at 4800 $ per ounce

>> No.27844883

>>27838221
buy Chainlink
it's not late

>> No.27844972

>>27844416
Or just befriend a boomer coin/pawnshop owner. Its what I do. I'll call once a week and swing by once a week (its down the street) and we talk guns and knifes, as well as our mutual hate of communists. He sells me silver at market if not slightly below market.

Just got a few oz coins he had for 26$ ea 2 days ago. Multiply that every week and I'm sitting pretty.

>> No.27845073

>>27838221

you totally fell for the short-selling silver bullshit didnt you, retard.

>> No.27845263

>>27844731
Doesn't each tesla basically have a kilo of silver?

>> No.27845289

I literally cannot find any silver bars that will deliver to me. It’s fucking bull shit.

>> No.27845642

>>27845289
its worldwide

>> No.27845893

I dont understand why no one can get physical silver yet spot has only gone up a little. Paper silver is fucking garbage and a scam

>> No.27846022

>>27845893
global bankrun has happened last weekend

>> No.27846023

>>27838221
5 oz is a joke.

>> No.27846238
File: 633 KB, 640x637, thanks mom.png [View same] [iqdb] [saucenao] [google]
27846238

>>27838221
>>
silver bought in 2016 was $22 CAD per ounce including markup.

canada silver spot price today, which is only 5 years later is $34.06, not including markup.

that's a 54% increase in purchasing power free and clear of markup.

please tell me more about how you regret the best purchase of your life.

>> No.27846290

>>27845289
Buy local.

>> No.27846442

>>27846023
everyone's gotta start somewhere. please do not make such comments.

>> No.27846497

>fell for the meme
>bought 5oz
So what, you paid like $150? It's not like you can't re-sell it for a minimum of 85% of what you paid for if you REALLY need the money.

>> No.27846535

>>27840214
Don't describe things, faggot

>> No.27846578

>>27846442
Very true. OP did learn a hard lesson of way overpaying for Silver online tho. Back to the main point tho that guy probably doesn't own his own and like to pretend his daddy's silver is his

>> No.27846583

>>27844172
Those reporting forms are mandatory by financial institutions at 10k or over but they can fill them out at any time. There have been cases of people being investigated for taking 1000$ cash out of their bank cause it was “suspicious”. So if you haven’t moved money around often and done this often in the past and just now wrote a check or whatever for 3k to some random silver dealer chances there is a very good chance the bank reported you to the government.

>> No.27846620

>>27846023
5oz is more than most people have

>> No.27846714

>>27845289
https://prospectorsgoldandgems.com/

>> No.27846757

>>27841705
>>Silver which has no real intrinsic value beyond being a really good conductor doesn’t get hurt by this
>no real intrinsic value beyond being a really good conductor

>> No.27846764

>>27838221
how does 5 oz of silver sound?

>> No.27846858

>>27846238
If she was going to resort to being a slut, silver wouldn’t stop her. As soon as the silver runs out, which will be pretty quick, she’ll be sucking dick.

>> No.27846981

>>27840291
>>27843100
Literally EVERYTHING is a hedge against inflation. That's what inflation is you retards.

>> No.27847034

>>27839121
should've bought $PSLV like /pmg/ told you to.

>> No.27847070

>>27846578
I posted a pic of my 80 oz. I dont pretend 80 oz is very impressive either

>> No.27847354

>>27846981
yeah but there are more people lining up to pay for silver than there are people lining up to pay for imitation crab meat
if you're not in a rush you can even recover some of that premium

>> No.27847507

>>27839027
man fuck all these cringey haters. nobody can do anything on here without all this negative bullshit from these virgin losers. this whole board is so fucking petty and pathetic.

good on you for stocking up man. you'll be wealthy one day if you can hang on.

>> No.27847529

>>27844352
>Have you considered that maybe the paper and physical prices are diverging?
so what's the benefit?
what's gonna happen?

>> No.27847746

>>27838221
You bought 5 oz, you're fine. Literally just sell if you need the money that bad, or just put it in a safe place and forget about it for 10 years.

>> No.27847808

>>27847529
weimar germany

>> No.27847946
File: 1.31 MB, 1280x918, anozisanoz.jpg [View same] [iqdb] [saucenao] [google]
27847946

>>27841705
An ounce is an ounce, simple as.

>> No.27847992

>>27842053
Have you never turned in silver before? They literally give no fucks unless its an ASE. I have had one faggot in my life try to give me shit about tarnishing and I just grabbed my shit and started to leave, faggot was back tracking and begging for my silver after that. Maybe at times when there is 0 demand they act more like faggots but this is just stupid.

>> No.27848026

>>27846981
Portable, liquid, 10,000year track record.

>> No.27848050

>>27847529
Not him, but Im hoping my physical goes up and paper gets exposed as hollow

>> No.27848076

>>27838221
congratulations on owning real money

>> No.27848117

>>27838221
Lol @ all the retards who FOMO’d in last week at incredibly high prices

>> No.27848143

>>27848117
try to get in cheaper ;)

>> No.27848174

>>27838307
have you ever looked at the historical chart for silver you braindead faggot?

>> No.27848186

>>27847070
ok mr. big shot. go do a dick measuring contest somewhere else

>> No.27848246
File: 13 KB, 200x313, 726427F1-154B-43B8-8A5A-047E4895C8E0.jpg [View same] [iqdb] [saucenao] [google]
27848246

>>27840291
>new silver is never mind

>> No.27848269

>>27840214
Lol you probably say based like a 13 y/o

>> No.27848271

>>27847507
4chan is a jealous little hive of wierdos. This is nothing new

>> No.27848288

>>27841705
>Silver which has no real intrinsic value beyond its intrinsic value
What did he mean by this

>> No.27848313

>>27846981
no, everything is a pressure release valve for inflation. boom/bust cycle

>> No.27848415

>>27848271
>>27847507
>can't refute
>calls people jealous
classic midwit cope

>> No.27848518

>>27848288
checked and kekd

>> No.27848534

>>27846981
Yes, but silver is significantly lower risk, with a lower reward. Crypto and stocks are, depending on the coin/stock, ridiculously more volatile. Meaning you can profit a shit ton more, but you could potentially lose a shit ton more. Silver is slow, steady, and reliable. The downside is you're not going to get rich anytime soon. This is all a lot of people want. A safe alternative with money. You can go bankrupt overnight with a lot of things, you're not going to go bankrupt with fucking silver and gold.

>> No.27848536

>>27848415
try spending your time doing something more productive, you god damned fucking loser

>> No.27848678

>>27847034
PSLV also took a pretty good knock, though it's recovered a tiny bit

>> No.27848855

>>27848678
I like PSLV but whenever I think of buying more shares I just end up buying physical instead. it's probably a good buy now that physical is so hard to get though

>> No.27848903

>>27844416
its in CAD$ you tards

>> No.27848980
File: 44 KB, 600x592, 1603061496812.jpg [View same] [iqdb] [saucenao] [google]
27848980

Is there really gonna be no moon? Was it really all just a meme? I don't even see any precious metals generals in the catalogue right now. I thought for once I was investing into something wisely

>> No.27848989

Me too...put in an order last Sunday...still hasn’t shipped...at least you have possession of yours...

>> No.27849036

>>27848536
>projection: the post

>> No.27849158

>>27846442
this. precious metal threads seem to be the only place on /biz/ that feels wholesome.

>> No.27849325
File: 1.03 MB, 3117x2340, KIMG0091~2.jpg [View same] [iqdb] [saucenao] [google]
27849325

>>27838221
I am the silver meme.

>> No.27849451
File: 808 KB, 2080x1608, YUKON CORNELIUS.jpg [View same] [iqdb] [saucenao] [google]
27849451

>be me
>ultra Chad
>double PhD Harvard grad
>captain of the rugby team
>baseball MVP
>many successful fox hunts
>on horseback of course
>climb Everest
>get tired of it all
>all of it is too easy
>need a challenge
>need to feel ALIVE
>take on the craziest expedition I can think of
>North Pole
>Challenge Accepted.png
>find remote outpost
>make friends
>use clout and irresistible charisma to acquire supplies, a sled, and a few chonky bois
>go-a prospecting in the Great White North
>a few good hits
>not rich but keeping the dream alive
>who the hell are these crazy freaks?
>Santa? You crazy sons of bitches. I'm in!
>discover and save lost misfit toys
>domesticate yeti
>save Christmas
>feelsgoodman
>retire
>bragging to the locals one day at the pub
>go outside to show 'em how I used to do it
>-clink-
>mfw

>> No.27849684

>>27849325
Good start for a literal dragon hoard

>> No.27849702
File: 6 KB, 250x250, Photos Library.jpg [View same] [iqdb] [saucenao] [google]
27849702

>>27838221
ur grandchildren will be very grateful for ur buy anon

>> No.27849735

>ywn be able to buy silver below $30/oz again
Fuck this gay earth.

>> No.27849867
File: 55 KB, 960x592, litecoin.jpg [View same] [iqdb] [saucenao] [google]
27849867

>He fell for the silver meme
Should've bought digital silver, fren.

>> No.27849934

>>27838221
We will hit three figure this year

>> No.27850010

Test

>> No.27850036

>>27849325
im guessing estate/yard sales and flea markets? whats a good way to know its silver youre getting?

>> No.27850037

>>27838221
smelt it and drink it so you can live forever.

>> No.27850202

>>27850010
Lol newfag

>> No.27850227
File: 321 KB, 1280x1280, 4C28B33E-9E7D-4369-80FD-449A6CF12760.jpg [View same] [iqdb] [saucenao] [google]
27850227

what are pros and cons of buying government issued coins vs generic rounds? other than the premium

i got 20 1oz American eagles for 800$
i could have gotten 20 from first majestic for 600$

>> No.27850352
File: 45 KB, 400x188, 7arki5-j1nidzjfhzvz.gif [View same] [iqdb] [saucenao] [google]
27850352

>>27850010
welcome newfag, hope u enjoy ur stay :)

>> No.27850363

>>27850227
Pros: Highly recognized, less fakes than generic rounds, constitutionally protected in the US

Cons: Premium, Queen Elizabeth's face.

>> No.27850387
File: 34 KB, 461x578, 1605765180033.jpg [View same] [iqdb] [saucenao] [google]
27850387

>>27848980
bros pls, I need a dose of copium stat

>> No.27850520

>>27843988
Fair points, food, medical supplies, water, guns first then get PMs, Crypo and good stocks

>> No.27850603

>>27850387
it will inevitably go up, we're in for the long haul tho

>> No.27850606

>>27844582
Noice I’m at stacked

>> No.27850607

>>27839121
This post glows

>> No.27850649

someone said if you have 100 shares of $AG you get a discount at first majestic, is that true, and if so how do you go about proving it

>> No.27850656
File: 1002 KB, 2337x3203, KIMG0525~2.jpg [View same] [iqdb] [saucenao] [google]
27850656

>>27850036
>whats a good way to know its silver youre getting?

In Burgerstan 95% of the Silver you'll see is marked "STERLING" or "925" so you'll be fine if you only stack properly marked vintage items

>> No.27850667
File: 641 KB, 719x718, 1611893222566.png [View same] [iqdb] [saucenao] [google]
27850667

>>27838221
im reading investment for dummies and it says precious metals are a scam and never to invest in gold/silver and only hustlers and hawkers at the top profit, esp during times of financial instability with the banks.

they say its never a wise investment

dunno if im gunna sell my coins bros

>> No.27850683

>>27850387
It was the wisest investment you ever made, fren

>> No.27850708

>>27838890
>>27839027
do you know how much silver is in random ass households across the united states? everyone's grandmother has a stash that is unaccounted for.

>> No.27850741

>>27850387
your 'copium' should be that silver will stay down so we can keep stacking.

>> No.27850802

>>27850667
https://youtu.be/DyV0OfU3-FU
Do with this information what you will.

>> No.27850820

>>27850667
if ur so insecure, try getting at least a bit of profit, nobody deserves to sell at a loss

>> No.27850901

>>27850667
k go buy shares of AMZN bro

>> No.27851012

>>27850667
sell now if u dont believe on the hodl,
some FOMO will surely buy it at 40%premium

>> No.27851048

>>27850667
>esp during times of financial instability with the banks
silver and gold prices explode... never a wise investment? Why are countries hoarding tons gold then?

>> No.27851092

>>27850708
well when people are raiding grandma's stash for junk silver we'll know we've made it, won't we

>> No.27851236

>>27839097
>>27839177
>>27839425
>>27839991
>>27840089
>>27841282
>>27841774
>>27844176
>>27844416
>>27844972
>>27847507

That may seem like a lot to pay for per ounce right now-- but think about it like this: Considering an adjusted rate of inflation that accounts for the recent +40% to our dollar supply (and assuming it is not already "priced in" to the silver supply,) it is mathematically impossible for this man to lose money. And that's without even factoring in additional spending and/ margin calls against the US Government by foreign debtholders that will force the creation of even more dollars.

>>27839027

You aren't ***just*** going to make it; you are going to go down as an absolute legend for buying before the collapse. You will be remembered by your children, your grandchildren, and your grandchildren's grandchildren for this. Your only crime was buying Canadian silver. Now get some guns, get some security cameras, and get a fucking VAULT to store that shit in. And if it were me, I would not even think of storing this in a suburban house. You need a property that is nigh unassailable... somewhere in the woods, ideally. One with thick walls and few windows.

>> No.27851395

>>27839027
Hope you have guns, cause the feds are glowing like its Chernobyl.

>> No.27851544

>>27847070
Then why are you so mad?

>> No.27851637

>>27850227
Pros: Easy to find, easy to sell, less likely to be faked, recognizable, potential numismatic value increasing the cost beyond the value of the metal

Cons: Usually more expensive.

In short, if you can find coins for a comparable price, always buy them above bars/rounds.

>> No.27851825
File: 291 KB, 872x932, shiny.png [View same] [iqdb] [saucenao] [google]
27851825

>>27839027
>youre gunna carry that weight

>> No.27851992

Uh guys:
https://kingworldnews.com/alert-more-shortages-of-metal-in-london/

>> No.27852277

>>27851992
epic. i really hope my silver mining stocks work out

>> No.27852280

>>27851992
lets goo, mi first majestics shares have a chance

>> No.27852436

why silver? it's not even scarce

>> No.27852487

>>27851825
>yfw they 'choose' all 500 the same

>> No.27852940

i prefer silver juniors like discovery metals($DSV)
They have the highest amount of ounces in the ground. Nearly 1B ounces.

>> No.27852945

>>27852487
that would be hella gay. I was hoping for a nice mixed bag of all kinds of countries' coins

>> No.27853398

>>27852945
yeah idk anon many 100 of each. some anon bought like 50 the other day and got all buffalo

>> No.27853888
File: 196 KB, 1035x1035, 2weeks(tm).jpg [View same] [iqdb] [saucenao] [google]
27853888

>>27853398
ill report when they come in. they said just two weeks