/biz/ - Business & Finance

yep still an ounce

>>29477824
more cheapies!

>>29309619
yeah i nabbed one of those ""at spot"" bars too, i was a bit later on at 234$ but i still got one before they took it down, honestly i thought they were gonna cancel on me.

>>29309630
ive slowed way down, the FM kilos ive got coming were like 30.50$ an ounce and even that hurt

>>28867627
business as usual, no matter what

>>27250361
yeah, ounce is ounce at the end of the day anon

>>26741990
not necessarily. its a good thought, you just cant put all this energy into punching a fat guy in the gut. crashing the dollar would do it

GOOOOOOOOOD MORNING /PMG/!

>>25169297
Silver is silver anon, it's the metal in the coin that is valuable not the coin itself. You don't have to worry about that at all

>>25025514
i dont like lizard coins either, waiting on a tube o 21 ASEs at the moment

>>24458674
except /pmg/ is forever comfy

>>24219359
what do you think has been going on the last 6 months? spot means nothing. demand is all.

>>24179279
every day until you get it. tourist.

>>23953548
i swear i could post this picture every time and it never sinks in

>>23785272
Sure I'm not implying that people should be reactive. I'm saying that being reactive in crash situations like back in March could pay off. As somebody once said: "The best time to invest is when there's blood on the streets". Everything will be observed modeled and predicted regardless of what you do so it's just best to focus on your personal situation and make the best decisions with asymmetrical risk vs reward, which is to make valuable long-term investments. And if you're going to make that investment regardless and the market graces you with an enormous dip you better take that as a blessing and invest. That's what I think.

And yes, physical is amazing to have because of the important quality of no counter-party risk. Even if it somehow goes all the way down to zero (which is of course impossible) you will still hold just as many ounces and grams as you did when it was worth more. This rings true about other investments as precious metals too. Any collectible that you know is valuable can be a good storehold of wealth: whiskey bottles, vintage cars, comic books, game cartridges, anything you could think of. The sky is the limit as long as you know your stuff!
>>23785386
Being recognizable and having strict, distinct qualities that help in quantifying the value definitely helps in the case of PM's! But I can imagine myself trading silver to another asset. It's unconventional and essentially bartering but it's not something I'd consider outlandish myself. Would I do it in our society as it is right now though? Yes, if the trade is worth it but I'd be very hesitant in the current global economic space...

>>23574920
im down 400$ on stocks

>>23270970
see chart

>>23246388
did good anon

>>23082686
its only paper anon

>>23052233
spot and physical are completely decoupled. the current futures price is the spot price. the futures market is completely manipulated and nobody knows. which is why its so caveman, have to be on the train to go anywhere. the sheer volume of the slides is what causes these massive drops. its more silver than the world even has in some cases and JPM payed a piddly 1 billion dollars in settlement (fines). back to business as usual. whats different is the banks and other interests converting to long instead of short.

>>22889252
rock already up today anon

>>22883584
its starting to click with the more curious normies too

>>22781858