/biz/ - Business & Finance

>>15647447
my big benis is cooming :DD

>>15647447
Don't forget silver too anon. They are both going to moon hard.

>>15647447
y not silver and how big 10X or more?

>>15647447
This isnt crypto. Moon runs takes years.

gold is going to 1k moron

>>15647532
should I BUY GOLD AND SILVER OR JUST GOLD?

>>15647532
10k*, fixed

>>15647547
both. Always safer to spread it out

>>15647447
Ok, I'm now convinced someone is paying you good goys to shill gold this hard. We used to only get the odd PM post (including silver and plat) every now and then. Now we're getting multiple gold threads daily. You sure are some good goys to be incessantly giving us this great info on your precious metal.

silver is 17.76 right now

>>15647656
/biz/ is the best lagging/contrarian indicator I’ve ever come across. Position accordingly.

>>15647507
stfu, if they dont get it by now fuck those people

>>15647789
IS THIS GOOD OR BAD? I DON"T KNOW WHAT TO BUY.

>>15647801
more silver than gold
>study the historical ratios
>look at the physical supply deficits
>more industrial uses are destroying inventory
>look at above ground stocks, almost 1:1 with gold
dont take all your advice from a southwestern bird watching forum though. and buy a lead dispenser if you dont got one

>>15647864
>lead dispenser
Gun?
Also why did you want me to shut up? Do yo somehow lose money if people buy?

>>15647447
baste

>>15647891
let the tards buy links and ignore Ted Butler. this is a longer play, been stacking since 2012. im not gonna spend my energy convincing neutrals about the superior merits of silver.

>>15647947
>I bought high and you should hold my bags

>>15647656
Yeah, it has nothing to do with the recent breakout of pm

>>15647447
Aaaaaagh

>>15647967
lol, im already in the money. dollar cost average dumbass, and BTFD

>>15647999
BUT DID YOU MEAN A GUN?

>>15647493
First benis best benis :DDD

>>15648028
YES

>>15647639
This. Like peanut butter.

>>15648040
Okay.

>>15648040
Because I was googling lead dispenser for a bit.

I'm buying gold tomorrow by buying silver today.

>>15647447
Should I buy physical gold or some gold index? Index seems faster to buy and sell, also no storage problems.

>>15648085
Index for short term plays. Physical for long term.

>>15648070
lol, i shoulda told you to search "high velocity lead dispenser". my bad

>>15648085
definitely more liquid but >>15648093 is correct. im losing my ass on a gamble when i bought NUGT. 3x leveraged ETFs are a hell of a drug

>>15647770
Is that why there are 100 crypto threads to every 1 PM thread?

Sell crypto buy gold

>>15647656
First on BTC
First on ETH
First on LINK
First on PMs

>>15647693
Awesome

>>15648120
3x leverage only give you a 3x return vs the index DAILY anon. If you hold long term you will lose money as they rebalance every day. They are not designed for holding longer than 1 day, they are for day traders only

>>15647656
kek.

it is a trillion dollar market and the margins on physical bullion and government coins are very slim. You think someone is paying? no, it[s actually fatherly advice. Biztards for all their problems are actually people that should not get absolutely rekt when the day of reckoning comes. The buy PM meme is so that you dont end up like the bums in venezuela or zimbabwe, that are gazillonaires but dont have enough money to eat.

Gold 10k? think more one or two ounces to buy an average home. Where the central banks are going numbers on paper will mean nothing.

You can hope that crypto is mainstream till then, but if not the majority of any liquidity is going to be PM.

>>15648085
buy physical, hedge with index.
If you are big do what JPM does, they short the paper market and hoard the biggest silver pile in the world physically.

Can a boomer please rate my rock pile. I have no idea if these are a scam

>>15649364
Australian emu, eagle and croc have to much premium for me, but if you like them they are worth the extra bucks. If you are stacking for stackings sake buy your government bullion....if you live in one of the countries that have a bullion program. By the way, get yourself some nice mexican titties....libertad

>>15649364

>>15649364
You got a lot of nice coins there.

>>15649609
Bought all Australian coins direct from Perth Mint. However there are a couple of bullion shops in Sydney that accept bitcoin, I have found its cheaper to buy with premium using bitcoin.

Is it worth buying coins? Will dealers pay more for a coin with an emu instead of the kangaroo? Or is it just a way for Perth Mint to scam boomers into paying $10 over spot. They are sold out and I could sell on eBay for more than I bought right now, but in 10 years is anyone going to care?

>>15649744
eh, the premium is going up because your local currency is not. but yes, gov minted coins are better than rounds all day long. as for emu vs roo, eh maybe. a private collector for sure.

>>15649744
https://www.reddit.com/r/silverbugs

and from there PMS for sale subreddit.

well, if you are from australia the kangaroos will do fine (even though they get milk spots and are always the same design, but silver is silver).

And yes, it´s a marketing ploy by the mint. 10$ over spot is 1/2 ounce. will somebody give you 50% more of whatever just because it´s an emu? I don´t know. Depends on the circumstances. In Zimbabwe and Venezuela you will receive the same amount of food (around 2 months worth) as for the Kangaroo (maybe a banana or two more, but I dont think a whole months worth)... on ebay now you might get the noobster premium back...

recently started stacking silver. what's a good ratio of gold to silver for stacking physical coins? im thinking 70/30?

>>15647447
>he buys PHYSICAL tokens in a DIGITAL age
turbo brainlet spotted.

>>15649890

What will happen to gold when the bond bubble pops? Aren't rising yields bad for gold?

This is aewsome!
Retarded CNN watchers and Zero Hedge readers think a collapse is coming so they all run out and buy PMs.
Meanwhile. non-retardeds keep investing.
My mutual funds go up.
The value of my silver stack goes up.

>>15649833
Bullion dealer charges the same premium for any coin. The premium is way cheaper than paying tax on selling bitcoin to buy for spot from the mint.

Is it worth buying more than a suicide stack of silver? Gold seems to be lower premiums and much easier to sell. I am considering putting 5% a month into PM and silver would take up a lot of space.

>>15649364
Nice collection but those coins have too high a premium.
If you buy generic silver on sale at JM Bullion for less than a dollar over spot, you can sell it for spot or a bit under.
If you pay a $3-5 premium for for fucking leaf coins you might get a buck over spot when you sell them.
Best strategy is buy for as close to spot as possible. 5 and 10toz bars are best.
100toz bars are cheaper but you may have a problem selling them if Ag moons. If it goes to $50 not many people will have the money to buy a $5000 silver brick

>>15649985
1 oz gold bars can be had for about $20 over spot.
If you buy fractional gold, the premiums will fucking rape you.
A 1gram bar may have a $5-10 premium. That's $160-320 premium per t.oz.
When you sell your 1 gram bar, expect to only get spot.
So only buy gold if you can afford whole 1 ounce bars at a time

>>15650042
This is the info we need.
Thank you anon.

>>15650042
better to buy 1oz bars or coins?

>>15650072
Get both!
Its fun to have different things in your stack.
The only rule you should follow is buy as cheap as possible.
Also avoid weird novelty shit like silver skulls, silver bullets, etc.

Fuck off glownigger

>>15649364
Stack is OK, bible needs to be replaced with KJV

>>15650018
I disagree, depending on why you are buying silver. If you are buying it strictly as an investment (which you shouldn't) then go for some generic round / bar / etc.

But if you're buying it for future barter, or other end-of-the-world scenarios, you're best going with either US silver eagles or some other government-issued silver coin (not round, not bar)

For barter situation, coins are better than bars because you can split your stack. For barter, government issue is better because people will trust a name brand more than they will trust some generic round that may or may not be real made from someone they may or may not have heard of.

>>15647447
I've been tempted to buy lately. As of now, I'm thinking of 10 gold eagles and a monster box of 500 silver eagles.

>>15647656
It's a rebellion against all of the shitcoin posts. Not everyone is into crypto, and silver/gold is always a popular topic.

>>15650173

>>15650180
No one is going to barter with silver ever. Get real.
99.99% of the population doesn't know a silver eagle from a silver platter.
If you're mentally unhinged to think a Mad Max scenario will take place, store up on booze, food cigs or even pussy etc to trade.

>>15650243
I don't think Mad Max is going to happen. I'm simply saying I can't rule it out.

I used to give silver eagles as random gifts. People seemed to like them; though those were proof coins, so maybe it was the shiny they liked.

>>15647532
More like $1

>>15647493
God I love this site

>>15649364
Very aesthetically pleasing. Well done

Left is money, right is fiat

>>15647447
Gold is faked too much in the paper markets, BTC is more transparent and secure

https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25

https://medium.com/@satoshiknotabolo/where-to-start-with-cryptocurrencies-and-valuing-bitcoin-fbe580501f3d

boomers buy rare shiny rocks, I buy rare digital ledger space

I'm mostly in on BTC but have a small silver reserve in case shit really hits the fan.

>>15650372
What did he mean by this??

>>15650466
Where u order from?? I'm liking those foreign coins btw

>>15650331
>>15650372
Based genius

>>15650466
Gorgeous stack

>>15650466
nice sir. would like to get to your level with gold

>>15650466
in b4 these coins are not the proper karat

>>15649890
I think that would be referred to as "buying low" - not that I'd expect someone on /biz/ to understand that

>>15650531
I usually order from bullionexchanges, sdbullion, providentmetals or apmex. I have a list of about 8 online places I always check out and go with whoever has the best deals at the time I'm ready to buy but the ones listed are my preferred.

>>15650609
>buying low
>gold at or near all time highs in every fiat currency, all of them
What did he mean by this?

can i just buy GLD? i dont want to but a safe for coins. i know gld is not usable in muh nuclear waste, but it's fine for a hedge innit?

>>15650243
https://youtu.be/bYhTFz_SGw0

But WE know what silver is.

>>15650744
You can but it has counterparty risk and liquidity risk and probably some other risks as well. The real advantage to PMs is that you can literally hold them in your hands and/or roll around in a pile of them with the only major risk being Tyrone robbing you of them

>>15650744
Rumor is there is more “vault” gold than there ought to be.
I would buy the fake gold ... but only because I don’t expect the lie to be verified anytime soon.
Myself, I stick with real gold I can touch. I sleep better. I also don’t need that extra easy liquidity fake gold offers.
You don’t need to safe it and all that. Think outside the box of where to hide/store it. Have a couple spots. That way if you are forced to hand over the gold you can direct them to the “small” stash so they think they got your only stash.

>>15650846
I have a mobile phone with 600btc in it along with a small stack of gold and silver in a lockbox buried hidden under the floor in my basement of my place. I live alone so the odds of anyone that knows me finding it are very low especially since nobody even knows I have a basement (doors in the bedroom and nobody goes in my bedroom) and its one of those wierd old houses with no windows to the basement at all so unless you went into my bedroom than opened the entrance which is hidden under a chair (floor entrance) than go down there than pull the floor mats up than know exactly what 4 boards to pull up sure you got it. 99% of people dont know im into crypto except my parents which think I have 150$ invested and a coin mining and they dont even take it serious let alone mention it.

>>15650379
>I buy rare digital ledger space
you acknowledge that gold is suppressed but chose to buy something digital and 1000x more traceable

>>15650744
then buy a safe and put guns in it fool

>>15650755
WHY CANT I GET THIS OFFER?!?! as to your other post, some countries have nationalized mines and dont export. the consensus is china has maybe 30-50% more gold than they claim. and all gold they have been importing they re-smelt into their standard kilo after getting burned by the (((west)))

>>15649364
https://www.ballisticproducts.com/BPI-BallistiScale-Elite-Digital-Scale/productinfo/68815BE/
Some calipers are handy too.
Weigh em and measure them.

There is a guy who makes plastic coin checkers online.
https://www.thefisch.com/

>>15650884
Very nice!
Old houses are awesome. PITA but awesome.

>>15648073
Im buys silver today by buying silver tomorrow.

>gold instead of $VIX
Buy VIX, sell during the crash. Use that money to pick up the scraps of firms or whatever indices you fancy.
Try a volatility play if you think markets are going to crash, gold is for pussies

>>15647447
death to man kind i hope.

>>15649852
I'd consider buying at a 1:80 gold to silver ratio. That's equal parts fiat into each one. If you can't buy that much at one time, spread it out and still shoot for that ratio. Pay off all debts before buying anything.

>>15650884
Thanks for the treasure map

>>15650648
I've done provident do the others have an advantage or you just look for deals?

>>15651172
I go for who has the cheapest at the time Im ready to buy. If i'm looking to buy gold eagles I'll see who has the lowest and buy from them. I will say though that bullionexchanges has a point system for every dollar you spend you earn points to cash in on future orders so that is a plus for that place.

>>15647770
Agreed when sound people were saying btc I bought. When people were saying buy ant shares I didnt listen. Now a select few are saying buy gold and silver and so are actual market indicators. We are the right path. No meme bullshit just god tier advice. Get 1 btc then move onto gold then silver. Check kijiji first for silver coins if not go online and buy from free shipping as close to spot. No bullshit kookaburras or premium shit although I love a good panda just buy and tuck away the facade of the usd will end in before 2025 for sure. The amero will be ushered in by 2025 to 2030 and your gold and silver will make you and your family safe enough to live gated. GOLD GOLD GOLD is king. Think about it like this one ounce of gold is worth 80 ounces of silver. 1 ton of gold is worth 80 tonnes of silver; think transportation and storage. secure your wealth in 1 trip or 80? Logistics is a big part in why gold is king. China and Russia moving up the list of metric ton holders. India fastest growing illicit market is gold smuggling. Since they pay 14% tax. Watch be ready. Buy gold in either 1 ounce or 1/4 ounce. If not buy silver in 1 ounce or 10 ounce. Fuck hand poured and collector shit. Peace bros

how many years have you goldbugs been saying this?

You’re just like the silver “chads”. You’re enjoying your pump but because you’re infatuated with your rock you’ll never flip it for gains.

Because you’re praying for a collapse.

>>15651246
Are there prices usually higher to compensate for that??

anyone want to price a handgun in NJ vs. gold? I have free money from my 1:1 roth that i'm taking out before EOY because fuck fully trusting index funds and fuck retirement accounts. I'm 1k into crypto, taking 1.5k from the roth and only have 40 oz of silver.

>>15651380
i'm also considering solar in one way shape or form. either solar in the form of stocks or solar in the form of company ownership. really not too sure how to place my money.

>>15651258
>live gated
why would you choose to live around trash you have to keep out. reevaluate your priorities man. 1:80 is where we are now. if you think its gonna stay there, well thats just like your opinion man.

>>15651355
The fact you think so linear is why you are poor. Most of the people who know what they are talking about already have maxed out their TFSA and RRSP and hold stocks and have a little bit of crypto and just want to have something they can hold on the side. It makes more sense to me to work hard and buy land and invest in real companies than be a retard who invests a chunk into LINK or whatever they flav of the month is and check it every couple of hours reading all kinds of bullshit. Silver and Gold are the last thing I park money into. But this year they are up 25% respectively; better than my stocks and ETF's. If you got your fingers crossed on btc or something to get out of wagecucking it might be better to log off and actually work on improving your skillset and learn a trade to put money away.

>>15651401
>TFSA and RRSP
how are you not afraid of losing this value? it seems like such a gamble if you're not retiring before 2035

>>15651397
I love silver but if you think we are going back to 10:1 ratio or something you are just retarded. Quit listening to retards on youtube. Gold is king. To make silver too expensive fucks economies and production. Its used in too many industries to allow it to rise too much. Furthermore, the power shift to central America pretty much where all the silver is would create a problem. "Hey guess what Chile is a super power now." The other thing you gotta realize is PM's are like oil. The mining companies dont want you to really know what they have down there. When the price goes up and is more valuable their QE's will all of a sudden say they is more than expected to boost profits. You sound like some kid whos got a couple ounces and watched one too many stacker videos.

>>15651412
A few mouse clicks and you can liquidate equities. A few more clicks and you can buy PM's or btc. Furthermore, there has to be some actual market signs of an incoming crash. Most money around the world is parked in US. Most economies are doing shit right now. Europe is fucked. Asia is slowing down. China can only cook the books for so long. The only thing that worries me is a socialist getting elected. If upcoming election shows Trump is in trouble Ill sell my stocks and hold cash. NO need to worry. This end of the world shit wont happen just some NWO shit. consolidating world powers. Europa has no idea how luck they are for Trump and fighting back against globalists. Losing this value? Where else can I put my money? 1% GIC? a tonne of silver under my bed?

>>15651433
how long were you deprived of O2 as a child? every line you typed is just Greta-tier stupid
1:40 is realistic, 1:15 is the historical average
industry uses fractions of grams in most products, and they have to use it no matter the price. Inelastic demand, you should look it up
Mexico and Peru have had the largest deposits and they are still poor because of the people there despite their natural abundance of wealth
mining companies are more prone to exaggerate what they have to secure funding from BANKS
Asia is the future and Europe is the home of the globalists.
Id be surprised if you could tell the difference between your ass and a hole in the ground

>>15651489
i have no qualms with investing in stocks, I have issues with regulation surrounding retirement. The roth 401(k) seems too good to be true. It also seems like the US government will not stop spending any time soon and also looks to be interested in passing new legislation that would severely increase spending. retirement accounts, insurance companies, and finance firms are going to be one of the biggest wells of money that they might consider drinking from. I'd really rather have some more of my income taxed and out of one of those accounts than growing in there and hoping that the tax free growth will be worth it. (I'm also middle class, so tax deferral advantages might not be as extreme for me as they are for you.)

>>15651518
>Asia is the future
maybe if the US conquers it. I think we should be looking at colonizing both Asia and Africa. India/SEA first for power and security.

>>15651546
Belt and Road
Made in China 2025
"who controls the world island, controls the world'
if you dont know about any of these you better get to reading

>>15651582
Gimme the cliff notes. Don't you know that production has spread to Vietnam and... Pakistan..? Might be some other SEA. It would take a lot for me to think that China is anything other than a paper tiger that pumps out lead shit and pollution, cucked by the US by being way over positioned in our money.

>>15651358
No they are actually the cheapest place out of all of them. Check them out and compare. The only time I might find something cheaper is when places are running weekly deals.

>>15651604
ill give trump credit he's trying to halt it but at this point he's pissing in the wind. the jobs might leave china but they are not coming back here onshore
they have trade deals with most of humanity
they already took over africa with building roads, ports and infrastructure. not bombs
china poured more concrete in the last 30 years than the USA did in the past 100 years
Xi, the chinese leader, is looking to put china back into "their rightful place" as the "center of the world"
look up the Century of Humiliation. they have an ax to grind and they're looking to put it in our head. they think long term, not in election cycles

>>15651604
this is old but only getting worse
>but they love gold and silver

>>15651760
I hope that you're presenting this with knowledge that it's primarily the assembly of the parts, not the manufacturing of the chips/semiconductors. If I'm not mistaken, their steel still isn't worth shit, and a lot of the concrete gets wasted on people playing government subsidies. I'll look into it deeper, but this info graph is almost worthless. I'm glad to have learned that their chemical refinement capacity has allegedly increased over the last 10 years.

>>15651258
while you're being an idiot who's still holding an option on some yellow metal. i'm the ALPHA holding the option on the literal energy itself: bitcoin.

bitcoin will always beat the gold. it is evolutionary superior.

>>15651825
>primarily the assembly of the parts
China 2025, 70% domestic sourced and produced. they are only getting better at what they do. japan use to make shitty pot metal toys but look at them now
Our sanctions are only speeding up their own self sufficiency in semiconductors.
underestimate your adversaries at your own risk

>>15651825
https://en.wikipedia.org/wiki/The_Grand_Chessboard

95% of the world population cannot print dollars out of thin air and they are waking up to the fact that there is no real reason to use the USD as reserve currency while making deals between themselves. The belt and road initiative that is connecting evermore the landmasses of eurasia, africa and south america is making multiple bilateral agreements possible. We have the USA that is going ever more isolationalist and everybody outside wouldnt actually mind in the long run. So, the question is, what will happen when de-dollarization occurs. Saddam and Gaddhafi got killed for thinking something so heretic, but invading russia and china is a no-no...they have thermonuclear weapons and not some landcruiser mounted RPGs to defend themselves. So: unless americucs achive100% autarky they will have to pay their imports with ever more devaluing dollars. Making the value of the dollar evermore going to its intrinsic value, 0. That is why boomers buy gold. A currency that has been around since time began, something that you can trade even with the enemy. The ultimate hedge. And because it is a hedge nobody rational is saying to go all into boomer rocks, but to always have some in the back hand or in the prison wallet.

>>15652078
>The_Grand_Chessboard
Thank You! i couldn't remember that so i had to butcher the quote

Wtf!!!

Buy gold mining stocks get paid

>>15652188
yes. There will come a point when there will be no gold... at any price. You can have fun with GLD and SLV, but dont think for a minute that you have right to delivery. Account is settled in USD and if shit hits the fan at the Gold price of yesterday. Go study some hyperinflation cases.

Another good book to read:
https://www.amazon.com/Mandibles-Family-2029-2047-Lionel-Shriver/dp/006232828X

>>15650884
>600 btc
>on a mobile phone
>lives in a cuckshed

>>15647493
This is why I come hear. Bless you sir

>>15647447
I have 2 ounces of gold and 11.5 pound of silver. will I make it?

>tfw you’re Indian heritage and your family owns 6 figures worth of gold because they’ve been accumulating since forever on modest incomes.

>>15651401
>I’m diversified into many asset classes and only buy PM’s as a last resort
Great, but that’s not what OP said at all

Mommy told me I can't use my money on shiny rocks anymore. What shitcoin should I invest in behind her back so that I can buy alot of silver in a few weeks.

>>15648085

buy miners!

>>15651621
Thanks anon