/biz/ - Business & Finance

Your general will die just like your garbage rocks already have

Daily reminder that gold is an insurance for the happening. Not a form of investment.

>>11091460

>>11091458
ive been messing with the idea of buying 100oz of silver in 10oz bars and maple leafs but is 100oz too small of an amount?

looks like silver and gold are going down the pan

>>11091516
Most charts for crypto's the past year would look far worse. That's not a good indication of how well either will do in the coming decade.

I buy both silver stocks and american eagles

i will start buying silver under $7

>>11091460
Jews love that you think they are garbage rocks so they can continue stealing your wealth through inflation

>>11091492
100 oz is not too small.

After the fiat/deflationary collapse you will have the equivalent of 1,400 days wages.

Since historically a day wage equaled a silver piece the size of a silver dime. And 14 silver dimes = 1 ounce.

It'll actually be more than 1,400 and more like 5,000 days wages because of the massive manipulation and there's much less silver available and billions more people on the planet.

With 100 ounces ( transferred into the new currency) you'll probably be able to buy an apartment complex without a mortgage

>>11091542
Dollar value of silver does not matter. After the bolivar failed one ounce of silver buys You 3-4 months worth of food on the black market

>>11091492
100 ounces is a great start. Try to get to 500 tho

>>11091754
>>11091760
i remember you from the other silver thread
also your id is kek worthy

but really why would there ever be a serious fiat/deflationary collapse in the united states its too propped up by jews and rich people

>>11091744
https://en.wikipedia.org/wiki/Seigniorage

>>11091773
If the K is my ID had been a G, I would have absolutely lost it

>>11091773
Manipulation works until it doesnt. We've had 0% interest rates for almost a decade. This must end in economic ruin.

100 ounces will be a small fortune in a deflationary collapse.

People in the past earned the equivalent of a silver piece the size of a silver dime throughout human history.

Today some shmuck selling insurance might make 200$ a day..... which is the equvialent of like 15 ounces of silver if he converted it to silver. That flies in the face of all economic historical reality.

For someone in the past and even in many parts of the world today it would have taken those people like 200 days of hard work to amass 15 ounce of silver. And some asshole selling insurance jerking off in the public restroom twice a day is able to make that in a day.

Professions like lawyers make artificially high incomes off the backs of real goods producing Americans through inflation.

It will come to an end

>not adding uranium
>supply draining
>supply shock due for 2019/2020
>spot price already reflecting that
>US based miners set to 1000bagger mode

Do et

>>11091879
>tfw you only buy uranium coins

>>11091895
>tfw hold uranium coins in your pocket for years and u bust a mutant nut

>HOW
HOW
>HOW
HOW

ARE YOU GOING
TO SELL
GOLD
TO A BUNCH
OF MIDDLE AGED
ZOOMERS

HOW
>HOW
HOW
>HOW

???

>>11092046
Um, you can sell your PM's to APMEX for close to spot at any time.

I've never bought any precious metals before but I've recently become interested in acquiring some. What would you guys recommend for a beginner like me? I thought about getting some silver since it's relatively cheap. Thank you!

are PM ETFs even worth it if i don't want to spend the time to buy the actual thing?

>>11092474
Get some old swiss/french 20 franc gold coins. They are pretty cheap and a great way to start out in gold. Apmex silver round and American Silver Eagles are probably the best bang for your buck in silver (in terms of being able to sell it later down the road).

>>11092474
I like the PAMP Suisse lunar series. if you are going to buy gold, get something interesting to look at.

>>11091458
Just bought a queens beast 1oz gold unicorn off ebay. Paid 1322 but I got 100$ in ebay bucks and 13$ cash back onto my credit card so I paid about 10$ over spot for a collectible piece graded ms69.
The ebay bucks will buy me a 100$ gas card so the cash will come right back to me next month.
Your Welcome

>>11093029
I sold some silver to buy it but dont worry I made money on it. As time went by these silver pieces became collectible so I got 1.75x spot price for them. basically traded them at a ration of 48 to 1 for the gold even though the ratio is at around 80-1.
You see guys collecting is a hobby and sometimes you can sell some pieces make a little money and search a new piece out you think will appreciate.
The problem is you will get attached to some of them but silver is easy to sell gold not so much.

>>11093071
on r/pmsforsale you can move any silver or gold at spot

>>11092046
Smart money is already buying with their crypto gains.

>>11092488
Yes. I possess precious metals in many forms: physical possession, allocated storage in a Swiss vault, and through an exchange traded trust. If you want to buy and sell precious metals on the stock market exchanges, look at GLD, SGOL, PHYS, SLV, PSLV, or CEF. I have roughly equal amounts of money in gold through physical, allocated storage, and PHYS.

>>11093029
enjoy your electroplated turd

>>11093804
If you don't physically hold it, you don't own it. Don't kid yourself. The last thing you want is to own leveraged PM, because when everyone wants to withdraw at once, the people "holding" it will just fuck off with all of it for themselves.

>>11091754
How can I take you seriously. Your I'd pretty much is calling you an autist kek

>>11093988
he said the same exact copypasta thing in the silver thread i made last weekend.

>>11091808
i view crypto as new currency during a collapse. but i also view silver as something like 0% interest CDs. Have $1000 worth in 1 ounce coins. But thinking is if you have silver for the great happening then you should also have an assortment of guns

>>11093817
What if you have enough for any happenings? Couldn't you just buy gold and silver stocks to buy low, sell high if you feel like the actual collapse isn't happening for a few decades? I don't want to buy and sell for dealer fees and I just want to treat it like another stock.

>>11091458
Can you tell me about these stamps at all silveranon

Can we add some pasta for future OPs containing these things, written out nicely:

PMs are not an investment to get rich quick
You will have them long term so you will put in money you won't need soon.
>beans and ammo, everything else is stupid
You want food/weapons/ammo, crypto, stocks AND PMs if a collaps in any form happens.

>>11094559
Preppers/stackers are fucking retards and will sell at a loss because there has never and will never be this mystical end of days.

Even if there was, it would be a mass extinction event in which case nothing will help your dumbass.

>>11094742
Look over to america after some nature disaster happened, non-natives with maximum melatonin are looting the streets and all shops and society is down for a week.
Food to get over that time is important, weapons too, PMs not in such a short time scenario.
Like always, going full blown, 100% all-in into one thing is stupid, but being prepared is not.

>>11094389
Because when you do that you're trading a commodity being actively traded by two very different kinds of people: industrial users and doomsday preppers. Good fucking luck managing that risk (very fat tailed). You'd be better off trading other commodities that aren't actively hoarded by governments and preppers.

>>11094742
probably not in this lifetime no. but it never hurts to be prepared. 12 gauge shotgun and a good .45 or 9mm pistol plus at least 100oz of silver+decent holdings in crypto and youre good

>>11094766
this

the blacks will rob and loot everything. the native americans do the same shit too.

>>11094882
at least europe ....
wait, last year germany G20 event, massive riots and blacks lootet and destroyed the stores, in germany.

Fuck

>>11094913
same shit would happen here in america too but on a whole other level especially in giant cities like los angeles/miami/phoenix.

I love the idea of prepping
my goals are
100+ acre compound
100k+ in guns and ammo
1 year worth of MRE per important person at my compound

how much PM should I stack? I have about 18 oz of gold and 370 oz of silver so far
I have a little over a million in stocks + crypto
if we get another bull run ~50k per bitcoin I'm buying the land and farm equipment on the spot

I'm pretty sure I'm going to buy this soon
https://www.autotrader.com/cars-for-sale/vehicledetails.xhtml?listingId=492844709

also what the fuck is up with the PM prices?
Right now they're the cheapest they have been in a while

>>11094965
That IS already happening since forever in the US.
It is sad to realize that this is happening in europe now too and it is not done by the natives.

>>11094980
strong dollar, stocks and economy
seems like there is everything in a bubble right now.
So no need for PMs it seems.

>>11094972
thats a nice price for bulletproof armored. you have a good plan and definitely the finances to pull it off. nice job.

>>11094808
>industrial usage and preppers are bad
That's what makes it predictable. So long as there's recessions, govs will dump during the first year (before they actually admit it) and then try to milk the pump right after when governments miraculously realize everything isn't on fire (before the recession is officially over according to our god and savior, the MSM). That way, I can increase my gold and silver happening stack in the long run for those 'great depressions' and regime changes. What other commodities will I be able to do that has all of that sweet, sweet emotional money?

>>11092046
Dude the goal is not to sell your PM. When we restore PM standards to back money, the buyers will be sucking our dick.

>>11091773
Because "the man" knows how to protect his assets. He uses the corrupt financial system to take away your money. All the people invested in crypto and the market will someday be worth nothing and they will become slaves. Those with property and PM will eat.

What do you buy, bars, coins, collector versions?

>>11095448
Coins are better than bars because they're easier to sell or trade. Semi-numismatic coins are good to have if you know what you're doing, but it's always good to have bullion coins like eagles or maples in case you need to sell fast and don't have time to find a collector willing to pay what it's worth.

>>11091808
>100 ounces will be a small fortune in a deflationary collapse.
>Manipulation works until it doesnt. We've had 0% interest rates for almost a decade. This must end in economic ruin.
>Professions like lawyers make artificially high incomes off the backs of real goods producing Americans through inflation.

lol retard

>>11094972
Probably want supplementary food for non-important persons so they A: Don't leech from your important person supplies and B: Don't need to kill non-important persons to preserve food. People forget how preparations go out the window if they fuck themselves mentally- make sure to have books and whatever for entertainment to keep yourself sane.

>>11094972
As a guy from EU, i would think that buying an armored car would be paranoid.

But then i remember that this is probably America and considering how many problems occur with guns, it is a good idea.

Which reminded me that we should all buy assets that are favorable for our geographical location, because the things you would buy in America, would be different than those in Asia for example.

In a crowded country you might want more control (guns), but in a deserted are you want more preparation (food, water).

>>11091808
Youre a lost cause. Remember, you will die poor

>>11095385
The questions is, when to buy land?
I say hell no at the current prices. So what do do?
Hoarding PMs/Stocks/Fiat now and wait for the crash that may come the next years and then invest in land?

>>11095597
remember any (according to the media) peaceful leftist/antifa demo (payed chimpout by the elite) at which they smashed car windows and threw pyro inside to burn down any car from the evil elite (the poor working class)?

You live in a bigger europe city?
Peaceful antifa protest may come to you soon too since every single white european citizen is a nazi and they must be protested against.

Interest rates are going up, and will continue to go up, why would anyone buy precious metals right now? they havnt reached bottom yet.

Silver was around $8-$10 during Bush Jr. era when interest rates were 6%-8%. We will see those numbers again by 2020 easily.

>>11095659
I am in the east part of EU, so there is less of that leftist/antifa crap happening.

Definitely a smaller city. More slav.

Although we have our share of mafia at some places. As of current years that seems to have gone down.

Russia might be a bigger problem.

Why would shiny metal be valuable to anyone but simpletons?

>>11095842
I have read one investing book, it said to buy gold and silver, therefore i know better.

why do people hold sovereigns for ridiculous >10% premiums when you can get bars for <3%? 999 is 999.

>muuuuh spread
>muh numismatic value

are you sure you want to count on those being an immutable law of the physical pm market?

>>11095905
People in the UK buy sovereigns to avoid value added tax. People in the US buy eagles and in Canada buy maples because they are more recognizable to the local population. Bars from some random mint can easily be faked and need to be verified as real before anyone would risk buying it.

>>11095983
All bullion needs to be verified as real before buying it.

>>11096112
fortunately the specific speed of sound test is pretty cheap today and pretty fool proof.

>>11096112
You don't need to drill a hole in a coin to do it.

>>11095905
There's been a lot of issues with fake bars making their way to distributors. Plus, the premium difference isn't that great, especially if you go for rounds. And coins/rounds are much easier for transactions. You can't break a 100oz bar into 100 equal pieces, well at least not easily.

>>11096112
Good point. I test every coin that I buy with my RINGS system. I'm working on a web interface for anyone to use.

>>11096457
And when you test a coin, this is what you want to see. The first three modal frequencies should line up with the theoretical vibrations for a disc of that size and composition. This is the output of audio spectrum analysis for a Swiss/French 20 Franc gold coin. See how the three peaks on the graph line up with the theoretical frequencies.

>>11096449
>And coins/rounds are much easier for transactions
if you came to my business with a silver coin i would give you like $5 for it if i don't tell you to fuck off because i'm in a good mood.
not because i'm an asshole but because of the hassle to make money of it is just too much. i could get maybe $11 for it at a trader and it's a fucking hassle.

>>11096531
APMEX will pay you $13/oz. Fuck off.

>>11096549
bullshit there are steep handling fees everywhere especially with low volume.

>>11096619
Nope, APMEX actually pays fair market price just below spot on gold and silver. I have had to send some in recently for a family member so I know what I'm talking about.

>>11096639
too bad i can't use apmex then. here there is not a single service you don't have to pay handling fees and also pay for delivery if you don't take your personal time. no matter how i look at it shit is fucked.

so...the appeal of PMs is that because they have many industrial uses, and because of their relative rarity, that the allure of buying them is because of the hedge that in the future, their prices will remain relatively stable? is my brainlet understanding correct? is that it?

>>11096701
That's a shame, I didn't realize you were not in the US.

>>11096738
it's more of a nostalgia thing

>>11096738
that's a pretty good interpretation

what about non-burgers?
my country wants 18% from each bullion purchase
Can I buy these online and pay 0 tax and get gold posted to me?

Bump for precious metals

Bibbidy bobbidy bump

The goldbugs and silverbugs need to wakey wakey.

>>11095905
Bars and generics are the top target of fraudsters because it's as easy as making a mold. The chance of an eagle being fake is slim as it's treated like an attack on the state.

>>11098569
There's a Chinese site that sells fake eagles that are quite convincing to the untrained eye. Along with rounds, bars, numismatics. Always always test no matter what you invest in.

>>11098649
is there still a risk of getting a fake if I buy from something like jmbullion?

>>11099272
There's less risk when buying from a major dealer because they usually test their merchandise. Keyword: usually. I still test just for the peace of mind regardless of the source.

>>11096738
kuck face is so hideous its repulsive

any good deals on gold/silver from online dealers?

>>11099710
https://comparesilverprices.com

>>11099722
nice dubs, but shitty website
>silver.com "best price"
>$3000 free shipping minimum

asking for actual deals on actual sites

>>11099710
LibertyCoin and SilverRound have the lowest prices if you're paying with CC. If you want to pay with bank transfer or check then APMEX is probably best.

>>11094972
I hope you have a platoon sized militia or at least a decent squad to patrol and secure all of your assets during such an event.
>100+ acre compound
Why? You plan on growing more food then necessary to sell off excess? Ranching? The more acreage you have, the more land you have to secure. 20-50 acres is good enough for most people to support themselves and a small militia made up of family and friends.
>100k+ in guns and ammo
Again, overkill unless you are supplying a very large militia.
>1 year worth of MRE per important person at my compound
>MRE
Canned meats, veggies, fruit and bulk rice/flour. MREs are garbage food to eat everyday. And that is only until you have self-sustaining agriculture.
>armored vehicle
>only protects against 5.56/7.62
Nearly worthless. Know you enemy anon. The people who are likely going to want to kill you have access to .50 BMG weapons and .338 Lapua rifles. Both of these weapons have AP rounds available that will easily defeat your vehicle. Better to invest in a small fleet of lightly armored pickups and have you and your guys ride in those instead.

Bump for precious metals

>>11100056
Don't act like you know what you're talking about dipshit