/biz/ - Business & Finance

>>12277254
My goal is 1k ounces. I would say you are sitting just fine

According to that math, your net worth is roughly 750,000. If that’s the case, do yourself a favor and buy some gold. It should rise steadily over the next 5-10 years with all the financial fuckery that is coming to roost.

Inb4 the shill from sd bullion to push ASE's who has autistic meltdowns if someone mentions Canadian Maples or bars.

>>12277254
Quit larping you faggot

>>12277254
Get some gold instead. They take up less space and cheaper to ship when uts time to sell.

>>12277512
Why larping, I’m still poor...

>>12277527
>>12277284
Have more in gold actually 65/35

Wish I was rich enough for gold Krugerrands, guess i'll settle for silver Krugerrands.

>>12277490
WTF IS WRONG WITH ASE's???!?
Fuckin Canadians and their bars...do NOT buy them!!!

>>12277254

>>12277726
>giving commie niggers your fiat

>>12277726
Get Austrian Philharmonics instead

>>12278498
Based

https://www.apmex.com/product/180/morgan-or-peace-silver-dollar-cull-random-year

are US coins that in are poor shape worth their melt price? 15.99 seems like a great deal, should I pull the trigger?

AYO HOL UP CRACKAS
U POOR WYTE BOIS AIN HAVE SHINE ROK YET? HAHA U FOOLS!

>>12277254
>1560 ounces
jesus do you shout ARR ARR when you look at your stack?

You have generational wealth when the fiat ponzi collapses. Id still go for a little more just because it is real savings and everything will be fucked soon enough

>>12278727
please give me your advice, my family is starving

>>12277254
You will only make it with silver if you get a custom silver pepe.

>>12277254
Gold is better. The wealthy will go to gold to save wealth.

>>12278908
Where can I get this?

>>12278929
You will need to find a jeweler that creates custom pieces to make one. I plan on getting one too.

>>12278498
What makes these better than American Silver Eagles?

>>12277490
He was a good friend

>>12277490
What's wrong with maples? They're cheaper than eagles

>>12277261
Mine is 1008 oz, exactly 63 pounds.

>not buying palladium
Why wouldn't u want to make bank from upcoming lithium battery revolution?

>>12279441
Too expensive and there’s no market to resell.

>>12279377
there is nothing wrong with leafs, people are idiots.

>>12279734
Actually maples are more sought after than eagles or just about any other silver coin with the .9999 purity. Same goes for bars.

wtf is with this silver shit? Why is everyone buying?

>>12279441
Reasonable play, but palladium (and platinum) will PnD from hydrogen fuel cells, not lithium batteries. I say it'll dump because there'll be a fair bit of interest until the car manufacturers realise that it's completely stupid and that batteries are better in every way.

I think platinum is the better option though, because the world's biggest supplier of platinum is South Africa. The supply will probably dry up once their civil war starts.

>>12280075
ratio to gold is 85-to-1 when it really should be closer to 45-to-1. Silver has been stagnant and low for too long while every else pumped. Economy is probably going to dip and silver will go up to at least ~$30 EOY 2019. It's a good investment to hold, you'll easily double your money.

If the paper market fucks it’s self or if German bank goes broke! We should easily see 580-1000$ usd per oz of sliver !!!

That's plenty.

Buy some fungible crypto and support liberty, freedom, and propserity

https://youtu.be/FeNYjYA2lVg

>>12280213
>We should easily see 580-1000$ usd per oz of sliver !!!
that's fucking delusional, you're going to be incredibly lucky if the price goes up to $60. It will never break $40 this year though.

>>12280154
>>12280253
I just got 20 eagles, should I get some Maples too?

>>12280253
if the price goes up to $60 i can maybe cash out without a loss.

>>12280272
Yeah, I'm hodling 150 maples. Do it, you won't regret it. At least buy 20 to get that discount. Easily recognizable and easy to resell.

>>12280278
>if the price goes up to $60 i can maybe cash out without a loss.
jesus christ, when did you buy in?

You fools don’t help your selfs you fucking dog cunts!!

Chinese pandas are amazing looking gold coins

>>12280483
silver and gold were still currency and 1913 you fucking faggot

http://www.usdebtclock.org/world-debt-clock.html
And that’s what it should be today !!!
But, it’s not because they rig the price... fuck 1913! It’s like saying buying bitcoin in 2010-2011 and selling end of 2017...

splitting between 1000 oz and USLV

>>12280141
>hydrogen fuel cells, not lithium batteries. I say it'll dump because there'll be a fair bit of interest until the car manufacturers realise that it's completely stupid and that batteries are better in every way.
They already tried pumping that in mid 2000s. Didnt take off.

>>12280486
I hate that they switched from troy ounces to grams. Buying one feels dirty.

Is Junk silver a good way to stack silver? I’m talking 90% silver quarters and dimes.

>>12280764
It's a way. You will have silver. But it'll be 90 percent and its weight and purity is not stamped.

>>12280776
But wouldn’t the value of a US Quarter dated before 1964 be immediately recognized?

Is diversifying between maples, silver eagles, and pandas a meme? Should I just stack ASE’s?

>>12277254
I agree with most of the others as far as now further diversifying your commodity/metal investments. I hear 10% of your portfolio is about right here. Anything else worth buying besides gold? Platinum? or maybe just a % of that 10% in options instead of the physical object for leverage.

I have a question....
1oz coins or 1kg coins?

dont care about the coin value, just the silver value

>>12280764
>>12280776
I'm stacking 200oz of junk silver. I figure its just a hedge against possible hyperinflation in my lifetime and only $3000 value right now

>>12280807
>>12281129
Junk silver's main purpose is to acquire cheap fractional silver to barter with. If you want to sell a bag of the stuff then it'll have to be weighed and each coin checked for authenticity. It might even sell at a discount because it's only 90% pure.

>>12281107
Personally, bars are best for anything over 2oz and coins less 2oz. That's an aesthetic choice but if just care about the silver quantity then buy the largest bars you can. Coins carry a larger premium.

>>12281211
Eurocuck here.. bars have a 25% vat added...
coins are tax free

>>12281239
Well that's gay. Yeah avoid that then.
Larger coins should have a lower cost per oz but do what the numbers you see tell you to do.

>>12281282
it is....
1kg coin is 4998magic money and 1kg in 1oz is 5086magic money....
so slightly cheaper with the bigguns...

>>12278727
That is a fair price. Buy a roll of 20. You will be surprised by the quality. Although called "cull", I would say they all range from good to very good. Most will be peace; if morgan, usually a '21. If you were to sell these back to your avg coin shop, expect no more than 12-13. Resell elsewhere to normies for at least 17 if actually cull (i.e. Slick, holed, counterstamped, crudely engraved)

I currently have around 250oz of silver, it is currently about 50% of my net worth because Im an idiot with money but can't spend silver impulsively so I still have that

>>12277490
How about sunshine mint?

>>12279114

Probably the lower premiums per coin. But aren't Silver Philharmonics affected by VAT?

>>12277254
if you're not larping, you're obviously getting to the point where storing becomes a real hassle.
1560 ounces of silver is almost 50 kilograms, the weight of a non-retarded (hence: non-fat) adult woman.
instead of buying even more silver, i would add some gold to that and also some platinum. roughly half of the worlds platinum production comes from south africa, a country that is collapsing this very moment. platinum will therefore probably become more expensive soon, and at more than a magnitude the price of silver, storing is a non-issue.
picture unrelated.

>>12277254
Why coins over low premium rounds like buffalos and sunshine?

Should I buy actual physical silver/gold/platinum? Or are there metal stocks I can invest in?

So between the buyer's premium and it going down since January, you've lost like 5%-7%. Kek.

>>12279419

>what are Troy ounces

>>12283055
You could buy ETFs but they aren't really backed by anything. Get a decent supply of physical silver first, then afterward you could gamble on the price if you want to.

>>12278748
Is that slick Rick

>>12277254
>Currently I own 1560 ounces of silver
Do you have them in metal form? Because if it's on paper you have *NOTHING*. Zero. puff.

>>12277254
m-muh shiny rocks!

>>12284064
m-muh magic internet coins!

>>12284074
>doesn't understand mathematics and cryptography
yikes...
let me guess, liberal arts major? if you even went to university

>>12284079
>went to mint college
>still falls for crypto exit scams
not the smartest tool in the shed

>>12284088
>>12284079
sharpest*
fuck

>>12284088
>>12284095
that's just sad man. enjoy your shining rocks

>>12284105
how much did you invest in bitcoin and what worth has your portofilio now? let me guess, it atleast halved?

>>12284110
I bought btc in 2014 and eth in 2016

I just took the precious metals pill. 75% into SLV and 25% into GLD. Still poorfag and want to trade easily, so going with the ETFs over physical for now.

I FOMO'd in at $28 back in 2011. Im still hodling my 80 oz bags

>>12284377
Just avg down you cuck

>>12284377
So you're long on silver?

>>12278727
No. It isn't a good price at all if you're interested in the silver value. These aren't like 1 oz ASE's or Maples. They're only 0.77 ounces silver. Spot price is around $15.50, so there's only about $11.95 in silver content in these coins.

Given that they're culls, there's also no value added based on numismatic interest.

So no, not a good deal unless you're just buying a few because you want some old silver coins that have been around the block for conversation pieces.

>>12284490
>>12284699
$1000 EOY r-right

>>12283960
Nah I'm a nigger

>>12279419
Souldn't that be 84 pounds?

Whats with all these doomsday faggots? Why the fuck would anyone buy silver?

Depends on how you're storing it, silver starts taking up some serious room...

About 1500 oz deep here, running out of room so may switch to gold/plat soon...

10% net worth is a pretty good goal, 3% is pretty small potatoes for you friend.

>>12285406
>reddit
>m-muh shiny rocks
every time

>>12285281
>he didnt took the total collapsepill
keking at you rn, enjoy you internet magic money when the datacenters get shut down.
I'll stay comfy with my SLV teehee

>>12285431
I fucking post like that and I've never made a post on reddit, ever.

>>12285672
I have never posted there either. In fact every time I even try to read posts there it make me uncomfortable the way the board looks.

Hey guys picked this coin up this morning at spot.

>>12286510
Nice

>>12286510
Chink 'silver' coin from ebay...
99.9999999999% chance of getting chinked

>>12285406
If you have 1500oz you should definitely get gold and platinum, you can afford it

>>12286510
also charge your phone

>>12286510
Enjoy your aluminum fren

>>12286510
>>12286696
>>12287037
Has anyone here tried the magnet test with silver bullion? If the magnet sticks it is obviously fake but if it slides off the coin or bar with no resistance at all then it is supposedly also fake.