/biz/ - Business & Finance

opinions on Gov coins vs rounds? I have a pretty good feeling that a lot of the secondary market will crash once boomers die off and Gen x starts selling all their stuff at cash for gold shops. I imagine that if most of you are buying for an inflation hedge, the actual price of the metal is going to appreciate way higher than the premium on the specific coin.

>>16553003
Solid investment.

>>16553003
the silver virgin vs the rhodium chad
.t rhodium chad

>>16553053
I buy government issued bullion and constitutional silver because it is by far the most badass of any silver ever. I mean look at this fucking unit of a design.
Our coinage reflects the national sentiment and personal pride identifying as an American
Now take a look at coinage today and it's mostly garbage. Who gives a fuck about the 50 state quarter series?
I want to see some badass eagles and sheeeeit.

also I like big ole lady liberty tiddies

>>16553113
Dayum that's nice.

>>16553189
yeah problem is no autistic coin collector really likes commemorative gold
Idk why it's got bewbies

There is satisfation in the reflective capacity of your stack anon

Are sterling silver (.925) coins worth investing in? I can get my hands on twenty for €1.25 each. Seller says they're better than .999 silver here as actual currency in case of an economic recession, but I don't know if I trust him. The coins themselves seem to be in mint condition.

>>16553407
nigga what no way those silver coins are only a buck twenty five. that nigga finna jew you.
post pics of coins he's tryna push on you

>>16553383
There he is. Missed u in the other thread faggot

>>16553420
Yeah, I got the jew vibes from him. How much should they cost? Don't have pics since I haven't bought yet.

>>16553439
i had to go the pub and xmas party my previous head of HR got her phone stolen. Then she discoverd her backup phone was stolen too so I'm in a good mood

>>16553003
Is it worth getting coins with a face value to avoid VAT? It makes sense but I don't want to be a pleb with £2 SILVER coins.

silver is the bollocks

as long as the reflection is okay its all cool with me

>>16553532
You can’t avoid VAT if you’re from the UK in any way except the Group Order Scheme from Estonia. This requires you to give money to someone you’ll never get to know and hope he’s in a good mood to fulfill your order.

Otherwise that 20% Silver VAT will cut into your margins so badly you’re better off buying 1/10 and 1/4 oz Gold Coins. These are COMPLETELY tax free in the UK. Silver coins of her Majesty the Queen are only CGT free, cheap golden coins are overall a better option for a Brit.
Unless you like silver more and you don’t mind the VAT, just forget about any fast amd massive investment return.

>>16553003
why don't you just save up and buy a single 100oz bar, you will pay much less premium, I suppose with the downside of not be able to sell off pieces of the 100oz. Easy to store as well

>>16553758
Thanks mate, I appreciate it.

>>16553843
10 ounce bars are more liquid in my experience, much easier to fake a 100 ounce bar.

R8 my stack M8s

>>16553960
Looking good mate. Have you ever sold any silver? If so, how did it go?

>>16553383
What am I looking at

>>16553960
What is wrong with you?

>>16553960
Why do you have so few 1oz coins? Just asking because I'm a beginner who wants to learn. I've been told 1oz coins are far more liquid than bars or kilogram coins.

Can I get some blank silver rounds? Are they cheaper if they're not backed by a gov't?

I think the price is going down, can I write some sort of options contract to buy silver coins once they dump? Sell puts or something?

Is 10oz for £180 ($240) after tax+shipping etc. too much?

>>16554619
That's quite a premium, what kind of bar are you trying to buy?

>>16554619
2nd hand rounds & junk would be cheaper, unless its semi-numismatic your buying might worth it

>>16554493
1 oz silver of whatever design is still 1 oz of silver. 1 oz ugly buffalos, 1 oz bars = 1 oz eagles, maples, what ever. If shit does hit the fan design isn't going to matter.

>>16554694
Are those crowns at the top left side?

infinite supply

>>16554755
Britannias top left, one on the top has the oriental border for whatever that’s worth

>>16554670
It was a 'buy 10oz at spot price' deal, but once I got to checkout it was £26 tax and £18 shipping, which sort of ruins it.

>>16554694
Would you trust ebay and the like? Or am I best sticking to proper companies? And it was just a plain bar really, acceptable design but nothing collectible.

>>16554786
ebay is alright, always check the sellers feedback and experience, if its fake ebay will side with the buyer so you just have to make a claim. buying outside of the uk has more risk & hassle if you have to return. when shopping on ebay get to know the 'advanced search' for finding deals against spot price

local dealers and shops are a good bet if you have the time, some kid shop assistant sold me a big bag of .500 shillings for £10 since he just googled 'shilling price' and got the cupro-nickel price. Things like that balance out the odd fake.

for gold I always buy from a proper dealer since theres's no vat.

also some bullion dealers accept crypto so any gains can be cashed out that way

>>16554815
>>16554815
>>16554815

>>16553495
Good. Fuck HR hoes. Paid to do fuck all.

>>16554880
>he just googled 'shilling price' and got the cupro-nickel price.
Kek, lucky bastard. Best in antiques really, if you walk in poker faced: 'How much for that?' and it's always a tenner or 20 quid. even if the thing's worth ten times that.

>crypto
Yeah I noticed that. I've got no idea where to start with crypto though. Investing in general is quite impenetrable to the beginner I think.

>>16553003
hey faggots. how do i clean silver and also what should i do to avoid corrosion

>>16553758
I'm hoping silver blows through that 20%. It gained a lot more than gold did in the last recession.

>>16554981
Easy cleaning guides on youtube
Put it in capsules

>>16554981
The cheap homemade way is to mix egg yolks with water and a liberal amount of salt, then soak your coins overnight. In the morning just run them under sink water and any tarnish will fall right off, it's magic

>>16554157
Sold some in 2012, got paid about 10% under spot with delivery and everything calculated.

Dealers are always happy to buy and sell, they can verify if it's real easily.

>>16554493
I have about 300 one once coins and bars in those plastic containers, my plan is the sell the bars when the price is high and sell the coins individually once it moons.

why is silver so comfy lads?

>>16555233
Probably because it's one of the only forms of real money in the world with no counterparty risk and will hold its wealth for your entire life

Alright silverbros, explain to me why you stack silver vs something else. Is it supposed to go up or at least hold value in the event of a recession? From what I understand silver has many industrial uses, so wouldn't that tie its price to the business cycle rather than opposing it? I want to know why you guys do it.

>>16555393
When the recession comes, people's storing of their wealth in silver should override a drop in industry, despite the industrial sector being larger than in '08. There should be a better margin on silver than gold.

>>16553580
Nice maples, wes. You a leaf? Where you buy from for the best price?

>>16553003
>hold its wealth for your entire life
>your entire life
oof
you die one day brah, keep hodling you fucking idiot

>>16553094
>Buy the top, dumb goy!

>>16555702
You do know that most nouveau riche families piss away their wealth in about 2 generations? The point of staying wealthy is to not fucking spend it on gay shit like mcmansions or lambos.
Only darkies do that.
Pic related is you. Always present. Never forward thinking. Now go sit in time out, you mong.

>>16553105
I bought ten various government minted silver ounce coins, and while the Brittania, Kangaroo, and Maple have a beautiful front design, the picture of the old hag on the back ruins it for me. I'm going to stack silver eagles exclusively, although the Krugerrands are a close second (disqualified for being from post apartheid SA). The Libertad, while having by far the best tits, is just too expensive to load up on.

>>16554546
Dumbass

>>16555764
Something weird happened to American coinage. We moved from ideals engraved in our monies such as Liberty and shifted towards the image of Man. Sure, Ben Franklin and Washington are great people, but they're just that - people. People are fallible. But ideals and concepts such as Liberty, Peace and Happiness are what we pursue for a better tomorrow. I mean, look at pic related. It's garbage compared to the works of Adolph Weinman or Saint-Gaudens.
Our art is reflective of our society, and right now it's a clown world out there.

>>16555764
Like, what the fuck is this? Is the eagle holding shit with fucking stumps for talons?
I want off this gay ass earth

WHAT ARE SOME GOOD WEBSITES TO BUY SILVER

Y'all want any of these?

>>16555393
I'm stacking silver because I'm a speculator.

>>16555393
Because the next big crisis is a debt crisis. The market will lose faith in the trillions of dollars worth of paper that's floating around in the system and I believe there will be a rush to safety, mainly in precious metals.

>>16555952
I love pm's, but I'm also going long with Beanie Babies

>>16555393
If even one percent of one percent of investment funds wealth went into physical silver during a crisis it would completely overwhelm the entire world supply of silver.

Also, if industrial demand for base metals stop then the majority of all silver will stop being mined. There aren't even a double digit number of primary silver mines in the world, most silver comes as a by product of copper and iron mining.

>>16556017
my mom is dead but the beanie babies she acquired while selling on the early days of ebay are still around haunting me

>>16555733
:(

>tfw had the opportunity to buy discounted 2019 silver maple leafs at $23 CAD an ounce but didn’t pounce on the chance because I was betting spot would decline but instead spot has stayed up $2.33 since then and the cheapest is $26 CAD an ounce atm

>>16556170
Not gonna make it if you keep worrying about a few dollars an ounce

>tfw had the opportunity to buy discounted 2023 silver maple leafs at $203 CAD an ounce but didn’t pounce on the chance because I was betting spot would decline but instead spot has stayed up $52.33 since then and the cheapest is $260 CAD an ounce atm

>>16556208
I stack Bullion and collect premium coins but I want to dollar cost average and it’s more important for us since Silver has higher premiums even if the vendor is Canadian based. Also I buy in bulk either tubes or 20rolls, or sheets. Moreover, I’m a poorfag.

>>16555885
Fuck no.

>>16555885
bahahaha absolutely disgusting.

>>16555823

Eat your bugs goy

>>16556233
Here is how you DCA silver:

1. Set a stacking goal for the year and divide the ounces by 52. This is how many you buy every week in principle.

2. If you adjust for inflation the average price of silver for the past fifty years has been about $15.15. Divide this by the spot price of the day you buy your weekly ounces.

3. Multiply your weekly goal from Step 1 by the ratio determined in Step 2. This is how much silver you will actually buy. Buy junk silver for fractions.

Example:
> I buy 4oz per week.
> Ideally I would buy exactly 4oz if silver had a spot value close to $15.15.
> Spot price at this moment is $16.92.
> $15.15/16.92=0.895
> 0.895 • 4 = 3.582oz.
> That means that I buy 3 oz plus 1 Half Dollar, 1 Quarter, and 1 Nickel for the week.

Later, Spot Price drops to $10 per ounce.
> $15.15/$10= 1.515.
> 1.515 • 4 = 6.06
> Buy 6oz and a Nickel.

>>16555823
Stfu that's a cool looking coin you just have bad taste.

>>16553758

>live in a country near Estonia
>go on a daytrip to estonia for like 20 euros or less
>fetch about 100 oz of silver because of poorfag
>still save hundreds of euros of tax by avoiding VAT
>walk through customs without paying VAT
>now own VAT free silver in a country where silver is taxxx maxxxed and some cucks still buy it 20-30% over spot price

Fuck the tax nigger and fuck VAT. Didn't pay it then won't pay it in the future.

>>16556972
All tax is theft

>>16556972
Lucky Anon, nothing but stack shitton of silver. You don't even need to wait for a collapse, if I could regularly buy 100oz tax-free, I'd just sell them on eBay "VAT included, low premium" for almost £6 of income per coin.

>>16553960
Baby Jesus, this is beautiful. Safe yo say "you have made it already". A single silver spike will make you a millionaire.

>>16554493
Liquidity depends on where you live. If you're in the UK, the best place to sell large amounts quickly is the Royal Mint in London. If you live anywhere close, it doesn't matter what you stack. They will buy any .999 silver, so it's up to the individual if they want pretty coins or convenient bars.

Silver
>takes up lots of space
>high premium
>milks/tarnishes
>the precious metal of poorfags

Gold
>a single 1 oz coin can buy you a car with a full tank of gas with a stack of money to spare
>real money of chads and kings
>eternally perfect
>instantly wets any pussy

>>16557058

Nah fuck selling that. I would eventually get caught by doing that by selling the "VAT included coins" which I would just pocket myself. I rather buy it to have it in my own stack.

>>16556972
and they didn't say shit to you when you walked through customs with 100oz silver in your possession? sounds like larp.

>>16557206
doesn't matter. both are undervalued. are you so fucking poor you don't have space to stack 1000 oz of silver bars. lel.
>trying to make pussy wet by showing it gold
never goyna make it.

>>16556727
What if you're buying less than your weekly target all year? Am I supposed to be hoarding cash for a drop?

>>16557206
>muh gold is better than silver
Sure gold is worth more than silver, but you're clearly not up to date with the precious-metals market. Silver has shown higher returns than gold this year. Some smart metal-traders have even sold their gold in favor of silver, and this has paid off.
It doesn't really matter though, I'm bullish for both.

>>16557280

You think they check everybody whilst crossing the borders in EU? By your logic there must be no illegal contraband anywhere in the world because customs checks everybody right.

>>16556972
>>16557034
Based and very redpilled

>>16557280
There are no border checks in the schengen zone.

Never thought I'd ever see pic related being flogged by a mint.

>>16554769
This means that silver horribly underperformed, not that it's some amazing undervalued asset

>>16555885
niggers made not washing your hair a hairstyle

>>16557304
This method eschews market timing. If the price rises you buy less and if it drops you buy more but you spend the same money either way. Investment and hedging is important but so are discipline, patience, and budgeting. You'll catch the dips, dodge the traps, and always steadily accumulate.

Also remember that every passing year has an average price of its own. Every year there is more inflation. This means that every year the historical average can change and thus you should budget accordingly.

>>16557971
what the fuck, is this real life?

>>16557337
I treat my silver and gold stack like a stock and bond portfolio. My gold stack (safer, less risky like bonds) is a percentage equal to my age and the rest is silver.

>>16553532
Celtic Gold Estonia is really reliable.

Efficient and run by a German.

Can definitely recommend

>>16557034
Anti Semitism. Someone call the ADL!

>>16558576
Thanks. Some silver coins with 15% premium, doesn't seem that bad really. I've yet to factor in shipping though!

Post Stacks

Also what % of your assets should be kept in PMs?

>>16558649
goldsilver.be is cheaper

>>16553383
wat am i looking at

>>16558742
Autism

Gold is so fucking expensive, i want more :( when I went to buy some from apmex i was able to get 2 of pic related, to over 1 kilo of silver mercury dimes.. i wish I lived on land that I could pan for gold.
Does anyone have any gold prospecting experience?

>>16558738
Just worked out that celticgold for 10oz silver it's £166.7 including shipping and tax.

goldsilver.be wants an account to work out shipping, but from looking at forums, it will roughly be £166.4.

>>16558818
And does that seem like a good price for anyone? Obviously it's about £40 above spot, but being a subject of her maj' I don't see it cheaper anywhere else.

>>16556727
Can't I just buy 4 oz. of silver a week?

>>16558676
Depends on why you are investing in precious metals. I invest as a hedge against inflation so my annual allocation is about 3-5% of my annual income.

>>16558800
> Gold is so expensive
Buy silver like it is fractional gold. Every time you hit the ratio trade it for gold and start again. In this way you might catch silver during a bullrun and you get there faster and it is better on average than saving cash.

>>16558867
You can but that will expose your budget to more volatility.

>>16558934
First here is my source:
https://www.macrotrends.net/1470/historical-silver-prices-100-year-chart

Second, to illustrate my point it says that the average closing price for 2019 was $16.16 which is about 7% more than average. Over the course of the year this is not too bad as 4oz per week would result in spending about $180 more than the historical average. However, if the average climbed up to $20 that is over a 30% increase which can add up to spending over $1000 more for the year. A year like 2011 with an average price of $35.12, even without accounting for inflation, is a 232% increase. That means spending over $4K for the same 4oz per week which puts you at risk for losing a lot more money if it dumps.

Contrast with the other method. By focusing on the historical average you can better gauge if you are making money or losing money. At $16.16 I am not buying one whole ounce apiece - I'm buying junk silver - probably a silver dollar and a quarter. At $35.12 I buy even less - something like a half dollar and a dime. No matter what I spend the same money. If it dumps however, I buy more. Look at 2001 with its average price of $4.37. Let's adjust this one for inflation as that's twenty years ago: $6.34 today. For about the same money as ever I can buy 2.39× as much silver and stay within budget. When silver pumps back up it will compensate for the less and less I buy on the way up while I remain within my budget.

>>16559127
Clarification: That's spending over $4K more than normal.

>>16559139
Sorry, I am a brainlet and new to this game. I bought 50 oz. in August and ordered 15 oz. this last week. I was going to try to buy 20 oz. a month until I hit 500 or 1000 ounces. Am I fucking myself doing it this way?

>>16559139
>>16559304
Btw I bought some rounds that were in starter packs, a 10 oz. bar and 5 oz. bar at spot, and then 10 ASE

>>16559127
You seem like you know what you're talking about, so:

Is it worth it to buy a massive bag of 72% coins? 2KG of silver content total, at €2,695.00.

>>16556972
In Norway we don't have VAT on imported coinage provided that it has a face value which is quite remarkable considering that the politicians find up ever increasing ways of fleecing the population so they can give it to immigrants.

>>16559304
So you have one of two goals: 500 or 1000 ounces.

> 500oz ÷ 20oz per week = 25 months
That is how long it will take you to reach your goal at the historical average price.

I do things by the week though so:
> 25 months ÷ 12 months = 2.083 years
> 2.083 years × 52 weeks = 108.33 weeks
So basically 108 weeks.
> 500 oz ÷ 108 weeks = 4.63oz per week.

Now we can see a base of 4.63oz per week at historical average price. That means:
> 4.63oz × $15.15 = $70.14 per week.

This does not account for premium. I buy Eagles and junk so I keep it safe and assume a 20% premium.
> $70.14 + 20% = $84.17 per week.

So basically $85. That is your weekly budget. Therefore your annual budget is:

> $85 × 52 = $4,420 per year.

This is what your annual budget could be. If silver climbs in price you will not get as much silver but your money in the here and now is under control and you get to accumulate some silver every week. Remember: if silver goes down in price your money buys more and more silver for the same price.

I hope all that helps.

>>16559803
Based and silver pilled
1,000 ounces to reach the Citadel

>>16559350
So that's close to $3000. Do you know the silver weight per coin (i.e. 72% of total weight is silver)? Do you know the premium? Those factors are important.

I play the weekly, dollar-cost-average game as a means of weekly financial discipline as well as to avoid market- timing mentality. Buying large sums all at once is risky because I do not know if the price will dump nor how far. A lot of silver investment is about wealth preservation so when I buy large sums based on one week, no, one day's price I expose myself to the risk of losing money on that singular purchase which means I will fail to preserve my wealth right away and will have to wait for the market to pump the price just to make money back. But if I buy less silver as the price goes up I have the chance to accumulate more value as it pumps while reducing risk exposure. The opposite is true when it goes down: I am exposed to less risk in buying more and that compensates for the silver I did not buy when it is up.

So is it worth it to buy €2,695.00 in silver? Depends on your income, your budget, and your risk tolerance. I would personally try to spread that money across the calendar year. As for the coins themselves silver is silver especially when it's old coinage.

>>16559825
And of course it will take twice as long to reach 1000oz on the same budget. Finally, you will probably not get it *exactly* at that price point per week or year but you'll certainly be well within the ball park every week if you take the time to calculate your weekly purchase. I use spreadsheets and it's a beautiful machine. I enter the week of the year and the current spot price and it tells me how much to buy. I have a junk silver calculator to account for the fractions so that I maximize every week.

Spreadsheets are your friend.

>>16559935
Thanks very much mate, it's really helpful. I'm actually on a small income right now, so is it still worth it to order in small amounts of coins, even though shipping could be 10% of the total?

>>16553003
I have 989,039,426,738,829,124,938 trillion tonnes of gold. I have everything and will have infinite goodies forever. I am the elite.

>>16555031
not him but thanks for the tip fren

>highest silver has ever been
>$120 an ounce
>only due to two jokers in the 80s
>40 years later
>almost the value of a mcdonalds big mac

nice ROI you got going on there

Just added another 5oz to my stack. Does anybody in the UK have much look in antiques shops? There aren't any specifically coin shops in my region of the UK (guess which).

>>16560792
Perfect reason to load up now

>>16560792
Better waste your money on drugs, alcohol, sluts and internet meme coins?
Any investment that helps you save up money for your retirement is a good choice. You would have to be absolutely INSANE to think that our generation, 30-40 years from now, will get any livable form of social help.

>>16561296
How much did you pay for that? Reckon 10oz for £164 (inc. shipping, tax etc.) is good?

>>16561514
Where are you buying it from? You can get it VAT free if you get from Estonia. Celtic Gold and Silver Coins both do that for you, but the shipping cost offsets the VAT a bit. It's still a good "fuck yourself" to the taxman at least.

>>16560113
I would account for shipping in your budget. If you plan to buy a lot of 72% there is a good chance that you are paying low to no premium. Can you provide a link to the product you ordered? I can help assess premium and shipping.

>>16560792
Big Macs cost over $15? Where in the hell do you live?

>>16561629
I was going to use https://www.silver-to-go.com/en/silver-coins/athenian-owl/.. It works out cheaper than all but goldsilver.be, but since the latter has double the shipping cost for a small order silver to go is cheaper.

>>16561687
This is very speculative, a future plan I have, don't have the money now. So I don't want you to waste your time, but if you don't mind:

https://www.thesilvermountain.nl/en/dutch-junksilver-5-kilograms-fine-silver-coins

>>16561734
That's not too bad of a price. Considering how much silver has the potential to go up, a few pence cheaper would be splitting hairs at this point. I'd say that's pretty good overall.

>>16562060
Thanks very much mate, I've never bought any before so it's good to have a second opinion.

>>16562123
No worries. I’m by no means an expert, only started six months ago. In some of the previous Silver Generals there’s been some good links to videos and other resources that may be of help to you. Check the archive for them, it was only a day or two ago.

>>16562382
Yeah I've been trying to absorb as much as possible, and I've been following these generals for a few weeks, and watching all the charts and videos, but it's one of those things isn't it? You can't gradually work your way in, say, by buying one coin at a time, because you get Jewed by the premiums. You've got to be willing to take the plunge, and nearly £200 is quite a lot for my situation (university). I've put my order in anyway, so I'll drink to the helpful anons of /biz/ when my Christmas shekels arrive.

why is it so addicting to collect shiny rocks? i don't even really wanna sell them (which i would if prices increase heavily), but it's just so damn nice to have it, feels a bit like freedom.

>>16562570
>feels a bit like freedom
wow, the goyim are really beginning to wake up
BUY SILVER SPREAD THE MESSAGE (((THEIR))) TIME IS UP

>>16562570
Because we live in an age of DIGITAL ILLUSIONS of wealth, you see people in big houses and Audis and Mercedes they can't afford, all funded with debt.

Everyone is so removed from the real world and real wealth. When you hold an actual element, forged in the core of a dying star, in absolute finite quantities, which took an immense amount of energy, labour and investment to extract from the earth it feels good because we can own them outright in our hands, with no debt, with no liabilities or counter party risk.

Owning real precious metals in your hand is real wealth, everything else is an illusion.

>>16555885
Who put a nigger on it?

>>16562570
I've just put my first order in for 10oz and I already know what you mean. Paper and coppers and strange alloys are no substitute for the real thing.

>>16555885
>instantly devaluing your gold by 2/5s

WHY?

>>16562442
If you had decided at the beginning that you were going to invest your maintenance money, you'd have had a lot more than £200.

Silver is argent in french, which also means MONEY.

>>16562808
Jews

>>16563063
Neat

>>16562997
Fair enough, but I don't know where to start really, apart from with precious metals.

>>16561734
Ah okay, the silver weight itself is 5kg. If we convert that into ounces that is 176.36981oz of silver. Multiply that by today's price of $16.92 and that's $2,984.17. Convert to Euros and that's €2682.77 which means you are paying about 0.45% over spot price which realistically means that you are basically paying spot. Not bad, not bad at all.

If you set your annual budget for the year you can save up or spend it all at once. If you spend it all at once you must exercise discipline and patience by only buying more silver if it fits within your annual budget. Do not FOMO into silver (or any investment). I noticed that there are smaller quantities that you can buy them so you might want to look into those to split it up over the year if you please.

All in all, I hope you figure out what is right for you. I and everyone else will be here anonymously helping out as you think of new questions and get new ideas.

>>16562570
Idk either I’m addicted

>>16563541
Thanks again, that's cleared it up a lot! Not much I can say really, but that I'll bear it all in mind, and try to pass it on if I can.

>>16562570
first of all, they're not "rocks". they're metals refined from ore. look up videos on the amount of work required to make just 1 oz of silver. you will appreciate it even more.

>>16555031
I hope no one does this...

>>16563562
>>16562570
It could be much, much worse; you could be addicted to funko pops.

>>16564192
what your hobbie? saving pictures of women with penises?

>>16564272
I don't care what faggy hobbies you're into, my point is that there are people who've spent tens of thousands of dollars on funko pop type shit because they think it will appreciate in value, and that precious metals would have been a wiser choice.

>>16564397
Those shitty plastic figures are beanie babies all over again.

>>16553003
You should sell all your silver for Pegnet immediately.

>>16553003
I have a 1997 Libertad I got for under spot, along side some sterling silver. Found it at a random Californian shop behind a computer repair store.

based bryan

>>16562570
>feels a bit like freedom
Since I've started investing into gold and silver, It made me realize how niche of a thing that is among your everyday people. Nobody I know has EVER talked about the prices of gold and silver, nobody even knows how cheap silver is or how high can gold go. I wonder why is that, ignorance or Jews making sure that Normies are not going to exchange their paper for real wealth?
We're such a small fraction of a percent, they might even leave us alone when the time comes to harvest of off the dying economy. I was still a kid back in the 2008, when the first crash happened. I was a bluepilled Normie with Jewish Paper Money rotting on my """savings""" bank account in 2016, when the Brexit Referendum happened.
Now it's 2019, almost 2020. I have gold and silver, I'm still buying more every month.

The next financial crash will happen in our lifetime.
This time I will be ready.

Silver is literally boomer crypto

>>16565827
It’s ultraboomer. Goes back for millennia. That’s why we know it works.

>>16565563
>"""savings""" bank
kek, you're right about that, the banks just halved my interest. So fuck (((banks))), I'm getting metal.

Has anyone here thought of investing in a gold mine?

>>16553003
>Sell them back for spot-0.50

>>16565563
What site do you use to order, is it UK? or EU based? Also how's their premium, close to spot?

Might drop couple of grand just before suspected next year recession

>>16566661
Mate the UK sites are absolute rip-off merchants. I've just ordered 10oz from Europe, and including shipping it still worked out £40 cheaper than buying in the UK, and shipping made up say 10%. If you spent a few grand the shipping wouldn't even factor in, so definitely get your silver from Europe. Gold might be fine if bought here.

>>16557206
Where in the hell are you buying cars?

>>16553003
>tarnishes
what a shitty "precious" metal you got there
just buy gold you stupid faggots

>>16566705
That's what I thought, someone mentioned a belgian site but forgot the name sadly.

Cheers!

>>16566847
Goldsilver.be

Their prices are good but the shipping is very expensive, but worth it it you're buying a lot. Have a look at silver to go as well. It worked out a few quid cheaper, but only because I put in a very small order, so shipping was a big factor.

>>16564272
Lmao found the retard funko pop collector, fuck off zoomer.

How are delivery drivers in your country? So far i've been cucked everytime by GLS and UPS.
They dont even bother showing up to drop a note and i have to call customer service everytime and get them to drop it on one of their access points.
Can we gas all delivery drivers?

>>16567185
Some of her maj's wagies have actually had the audacity to complain that I was ordering 'too much stuff'.

>>16553003
Get at least one platinum and palladium as well as some gold eagles
Happy stackin fren

>>16567311
Are the delivery drivers in league with the (((bankers)))? Why are they trying to sabotage us?
Everytime i see a delivery driver now i flip them off and verbally abuse them, fucking class of subhumans

>>16565563
>The next financial crash will happen in our lifetime.
Well duh, they happen on average every 7 years or so. We're far, far overdue.

Something like the Great Depression is once a century or so, and that almost happened again in 2008. They "saved" it by bailing almost all of the big players out, but in reality they only made things worse for the next recession by not allowing the normal debt deleveraging that should happen in a healthy market downcycle. When the next recession comes (and it will come), I don't know how they're going to be able to "save" it again. The rates are already low, they're already pumping QE4 (fucking $500bil more just announced for end of year), forward guidance doesn't work anymore, etc.
https://youtu.be/1Lsxe5keB2A

>>16567834
Is it worth investing in silver mines or ETFs at this point?

>>16567834
>we're overdue
t. 13 year old who watched CNBC twice

>>16568456
ETFs are the way to go because you really don’t need the silver, just the paper.

>>16568456
Miners are a completely different asset class than precious metals themselves. Invest if you want to speculate.

ETFs should be categorically avoided however. They destroy the fundamental price discovery that is "supposed" to back a healthy free market. Suddenly the marginal buyer doesn't care about fundamentals and just buys some of everything.

Stay away from GLD/SLV in particular though. It's an inflated manipulated paper market. The """custodian""" and primary authorized participant for the SLV is none other than JP Morgan. The custodian for GLD is HSBC. Good luck with that, you can buy/sell now but when a liquidity crisis hits and the spot price moons, I can guarantee you won't be able to get out. Read the fine print of any ETF and in particular the language they use for custodians and "crisis" situations. As you might expect, you are only the beneficial investor and not the owner of everything, so you are last in line.

>>16568527
>CNBC
Not sure what you're talking about as everyone knows CNBC is nothing but permabulls. They have to be, their job is to prop up normie confidence in the system.
https://youtu.be/eBJUNPCeJAg

>>16563112

Who else

>>16568583
Bulls dont die of old age.

>>16566843
The tarnishing of silver is so minimal that it would take thousands of years to lose a substantial amount, i have an 18 year old coin with some tarnishing and I would be surprised if it measured .0001 of a millimeter.

>>16568730
Now THAT is a CNBC quote for sure lol

>>16568559
Thanks for the info mate. I've loved the idea of mines for a while, but didn't want to let emotion guide the choice.

You look at something like goldcorp though And it's a far cry from it's 2011 price even though they're sitting on the largest reserves. I don't believe it will collapse, so investing doesn't seem a bad idea.

>>16553105
I wonder how much that coin is worth in that condition.

>>16568899
It's worth melt. All coins / bars are worth melt because that's what you will get for them when you go to sell.

>>16564680
We're sick and tired of digital illusions of wealth

>>16568942
Bullshit.
Although it does look like it might have been cleaned so maybe.

>>16553094
Buy low sell high, its obviously too late to be a rhodium Chad.

500 OZ silver
20 OZ gold

Can i stop stacking will i be set in the future?

>>16569906
Get to 1000oz Silver and you're done my friend. You are completely future-proof with stack like this one. If you still want to invest into something, get 10oz Platinum and maybe consider BitCoin. It should have one last Bull Run before the meme dies for good.

>>16570025
How do you know when it's time to sell your metal? After stacking for so long don't you get overly cautious?

>>16570069
Depends what is your plan. Do you want to sell everything when the price doubles/triples? It would be a nice income, maybe even enough to buy a house and rent it. Or maybe sell half of your stack, invest it into some other asset and keep the other half for another bull run.
My plan is early retirement, the day I sell all of my gold and silver will be the last day I've ever worked a "normal" job. I'd still probably do something on the side, or some interesting part time if I can find it. I'm 30y old right now, if I can "retire" before I'm 50 that would be dream come true. I'm just hoping that in the next 20 years the prices of gold and silver will go up due to another Financial Crisis, I'll make a fortune on my stack that I'll put into Real Estate (that will be even cheaper because of the said crisis).
After that just leave the estates to the Estate Agency, get paid every month and travel the world, enjoy life, get myself a Tesla Cybertruck Mk. IV or something.
It's good to have a plan and a goal. Don't just stack, sit down and THINK what you want to do. Long term investment? Retirement fund? Short term investment? There are many options with gold and silver.

>>16570207
How many oz. and what is your target price?

>>16570323
10oz gold and around 600oz silver right now. Getting 400oz silver more till the end of 2020 and then I stop stacking. I'll wait half a year and analyze the prices, consider my options, plan the future depending on my current job and my relationship. If I ever stack after that, it's only gonna be gold. As long as gold is below 2000 an ounce, it's a good deal. I'll try to get to 20oz before the Bull Run/Economy Crisis.
No target price really, I'm just waiting for the Real Estate Market Crash so I can sell all that metal and buy small apartments for rent.
If there is no moon mission in the next 10 years, I'll just sell it when I'm ready to retire. Should be enough for the rest of my life if handled reasonably.

Obviously none of that is going to happen if gold and silver never go to the moon. Then my stacks will just end up being a small savings account. One way or another, I'm not really losing anything here. It either stays pretty much as it is or it makes me a millionaire.

I have spoken, night lads.

About how much are you paying/oz?

>>16570436
God speed you.

>>16570069
Technically speaking if you know how much you paid over spot per ounce you will know at what point you break even. Do not sell any sooner than that.

There are a few ways for your stack to reach that break even point. The first is to utilize the DCA strategy I laid out earlier because it uses the historical average price as a base and every purchase is proportional to it. This means you do not need to track the spot price of every individual purchase. The second is to wait until annual inflation compounds until it exceeds all premium, shipping, and taxes you spent on top of spot. The third is to track how much money you spent, divide it by how many ounces you have, and to multiply the ounces by the current spot price. Divide that price by how much you spent per ounce to know what you currently have gained or lost.

>>16568996
Not really bullshit, i see a few ms graded coins like that on apmex for over 300$ but I guarantee if you take them to a coin shop, you won't even come close to getting that much, and God knows how long you would need to sit on it to break even, it's just not worth the time.
Graded coins are pretty much a huge meme as far as investments go. They are more of a luxury, I totally understand wanting to preserve history, but I don't understand buying ms/ngc graded coins as an investment.

>>16570025
I have over 1000 and still feel like I need a lot more to be comfortable during the collapse.

The correct amount of silver is n+1 at these prices where n is the current amount of ounces you own.

>>16555885
i would fap to this

Why are these motherfuckers on a back order of one month? The collapse hasn't even started yet.

>>16571325
Christmas mah nigga.

>>16571567
I'm literally the only stacker I've met in my whole life, even my whole family and friends think I'm retarded.

I don't think the public is giving big blocks of silver for Christmas

Will I make it?

>>16555733
this sounds like an argument for why someone should spend rather than save
why would i want my genetic failures of grandkids to squander my wealth on bullshit
fuck that, i know i'm an anomaly in this loser of a line, i'll spend what i want

>>16571712
just goes to show you how limited the supply really is

>>16571915
The fed is currently printing 100 billion dollars a day and pumping it into the repo market to keep the banking sector liquid. If just one percent of this repo money went into silver it would be able to purchase 1,800 metric tons of physical silver each day. Would the world even be able to meet such orders for a week let alone a month or year? I highly doubt it.

The hunt brothers showed just a couple rich guys can easily buy the entire world supply.

>>16571712
I don't know anyone that buys silver or gold. I mentioned to a co-worker awhile back that the silver market was good to enter when it was $15 and it was all Greek to him.

>>16555844
Wat country lad?

>>16560792
To the best of my knowledge silver has never been above $50 (US) per ounce???.