/biz/ - Business & Finance

Found a George Washington 250th Anniversary of Birth 90% Silver Commemorative Half Dollar Proof plus a Liberty 1 troy oz fine silver one-dollar coin for $45. Do it? I'm gonna do it.

>>49879665
I'll stick with hiding my money in actual money. Thanks anon.

>>49833672
Sure, I'm Dadanon

>>49787708
>What is the point in tracking GSR?
Wow, really? Ok. Guess school is in session. I'll start at square one since I don't know what you know
GSR, or Gold Silver Ratio, is simply the short hand way of saying how much gold your silver can buy.
When GSR is high, like now at 84-1 it will take 84 ozs of silver to buy 1 oz of gold. When the GSR is low like say, 20-1 that means it will only take 20 ozs of silver to buy 1 oz of gold.
Got that? Good, moving on.
The first thing you got to do is fix your thinking. Stop thinking about everything in terms of fiat. Think about it in terms of gold. I.E. how much gold would X buy. The second you do that things start making much more sense in the world and you'll notice that gold has, for the most part, been able to buy the same amount of shit during all recorded history. How much gold it took to buy a cow 1000 years ago is almost exactly how much gold it takes to buy a cow now.
Now that you have fixed your thinking. Consider the gar again. When you do you realize silver is the only thing that gold can't really peg down. It's the only commodity that not only decouples from gold, it does it with predictable regularity when not specifically regulated.
You can prove this to yourself because the GSR is the longest tracked ratio in human history. Ever since we started collecting this two shiny rocks we have tracked how much gold silver would by.
Any time you have a predictable swing in value between to easily tradable commodities you have an opportunity for arbitrage.
By tracking the GSR you get a reliable way to grow your stack without burning fiat AND you know which of the shinies you should by.
>Is silver cheap right now? (1oz of gold will buy alot silver) then buy silver.
>Is silver expensive right now? (1oz of gold will only by a little silver) then buy gold.
This is why you track GSR. It grows your stack, let's you know what to buy far better than tracking fiat price ever could and fixes your financial thinking.

>>49763687
I got my daughter a bunch of those. This is her stack from her b-day/Christmas money.
>Inb4 you've already posted it
Fuck you, I'm proud that my daughter will have wealth when she gets married

Why do I never so anyone here talking about swapping based on GSR? Everyone is talking about spot price which just shows how weak your money is and not a reflection of PM value.
There is a reason we call it the Gold Standard.
If your stacking and not swapping your PMs with the GSR your leaving a ton of profit on the table.

Rate my kids stack. I use all their Christmas money and bday money to buy them PM's. They get the stack when they get married. She's 5 right now and this is what she has.

>>49682032
>>49682323
>>49689842
Didn't know this was an Edomite hate group. Hello fellow Anti-Semite s. Rate my kids stack.
I use all their b-day and Christmas money to buy them PM's. They get the stack on the day they get married.