/biz/ - Business & Finance

>By your wisdom and your understanding you have made wealth for yourself, and have gathered gold and silver into your treasuries
Based.

>>17967723

Nowhere has silver at its actual price in stock

>>17967723
I bought 100k worth of silver on the stockmarket below $12 when moon sir?

>>17967999
thats the point. You had YEARS to stack. Now you pay the premium or watch hyper inflation destroy your cash savings.

I found a domestic bullion vendor in Aus selling 35 x encapsulated perth mint kookaburras for $23.7 ea

>>17967723
>- Physical Gold
based

>- Sovereign gold bonds (SGBs)
cuck
>- Mining stocks
cuck
>- Gold backed Crypto, i.e. Tether Gold (XAUt) and others
cuck
>- Cashless Lending to Goldshops (for i.e. 2% at GoldSilbershop.de)
cuck

>>17968287
Never, you are witnessing decoupling and the physical is what will be mooning. Paper fags btfo

>>17968852
Mining stocks are pretty based. You pick a good junior miner and you can 5X while gold goes up 10%.

>>17967723
Wish I could buy more silver coins, but everything in the UK is either out of stock or refusing to sell.

Were the tinfoil preppers right? My Canadian bullion Dealer is racking up the premiums and I can't be bothered to buy more right now.

sold muh rhodium at 10K
bullion dealer better not cancel my recent order they've been 'processing' for 3 days

>>17967723
Any tips for novice leafs on where to get physical silver and gold?

I know nothing about business, markets and trading. How do I get started?

I have naturally gravitated away from stocks because it kinda looks like gambling and its also fiat.

>>17968930
until when you don't.

>>17968930
until you don't.

>>17969085
>race mixers can't afford to eat
based

i think its over. the common people wont be able to buy any physical gold anymore

Forget Platinum one more time and I will report you all to moderator you stupid idiots.

>>17969014
>silver
>uk
surely not even the most chicken tika bush meat of bongs is this stupid?
you buy from europe and void the huge markup and taxes

>>17969208
silvergoldbull.ca

You guys think I'd have a hard time selling generic assorted 1 oz bars later on? I usually get maple leafs but they're sold out except the special ones that cost a fortune.

>>17972046
no dude you'll always find a buyer. check pmsforsale on reddit.

>>17968356
I do have some, just admittedly not much. I'm a broke uni student with another expensive hobby: firearms.

Breaking: Royal Canadian Mint closes down production for 2 weeks because of virus.

https://www.kitco.com/news/2020-03-20/Physical-gold-squeezed-further-Royal-Canadian-Mint-shuts-down-production-for-two-weeks.html

Welp, that means effectively over half of the world's mints are closed for buying any precious metals.

>>17972743
Straight from their twitter.

https://twitter.com/CanadianMint/status/1241093761628864518

>>17972400
You might make it in that you survive while silverfags get shot and looted due to lack of firearms

>>17967723
gold or silver or both?

>>17968287
hope you didn't buy SLV or GLD

>>17972979
yes

Is the price and AVAILABILITY of physical going to get better for stacking before it takes off? We certainly haven't hit 'recession status' yet so I feel like there could be a slow burn of months / a year where people keep liquidating more of their shit, keeping the spot prices down. But on the other hand things could spiral out of control, for example if anything happened to keep these mints shut for a month or longer then it would be impossible to buy anywhere until it's too late.

>>17967723
Why is gold valuable? Like fiat money is valuable by fiat (it's on the name, even).
But why do people care about gold? Does it have any inherent value?

Where is schiff? I haven’t seen him post, if you are here pal what should be expect in the next 12months-3 years

If JM actually ships my last order I will be back up to 17 ounces of gold along with my 800 ounces of silver. Is that make it territory?

>>17973418
Because it's fucking harder to pull out of fucking thin air then pulping a tree or even just adding a extra zero on a computer screen. It cannot be easily obtained, has historic value, and ingrained into every major culture on the planet.

anon anon....
what have you got there, anon?

>>17973418
The reasons are the same as they were historically:
Very limited availability
Convenient, because a relatively small amount is worth a lot
Can't be counterfeit, or at least until tungsten metal was discovered, but even then the density is still different and any closer examination will show the difference

All in all, a good medium of exchange, and the inherent value comes from history. People will always pay for gold, so it will always have value.

Who /jewelry/ here?

>old-timey boomer tradition
>you can wear your silver and gold to LARP as either a nigger-rich ghetto denizen, or a Depression-era Jewish refugee
>can be stored in a tiny box
>literally everyone recognizes its value on sight, from Africans in the Congo to Chinese to (((merchants))) - gold, silver and diamonds have always had value and always will
>less likely to be confiscated by Feds than coins
>has both ornamental value and is worth a lot as bullion
>bitches love it, you can trade if for sex in almost any possible timeline

>>17973572
3.5 ounces of 22k gold (larger cross is 24K and 5grams)

>>17967723
considering the scarcity of finding silver online right now, what is the most you'd pay per OZT? is 20 for an ASE or another bar decent enough?

>>17973542
kek, read that in a deep, gravel voice
Shoo, shoo, begone shabbos cripple!

>>17973693
if i could get ASEs for $20/ea right now i would order another 40 ounces
the places i've looked online have been sold out all week

>>17973674
are you a mugger?

>>17968705
nice, feel like sharing fellow ausbro?

>cuck rock
>fedora nugget
>boomer boulder
>elemental so.y
>fool’s bitcoin

>>17974388

>>17973968
Bought 40oz today (ASEs) at $19.95 each at a local shop

>>17973542
NOOOOOOOOO LEAVE MY STACK ALONE YOU ILLUMINABOOMER

>>17973693
That's a great deal anon. Couldn't find any ASE below $36 in my shit country...

>>17968705
Very cheap, pls share intel aus bro

>>17974483
mm jelly

>>17973542
He already perpetrated the most horrible gold theft of all history, and reduced the American people from sovereign individuals to indebted sheep with the stroke of a pen.

>>17973968
yeah, ASEs are gonna be tough
i did find a roll of krugerrands for $15.89/oz 2 days ago. but it's a preorder so who knows what will happen.

>>17975734
Monument metals?

>>17975734
Mon metals always honor preorders regardless of sudden price shocks

>>17975827
>>17975847
yup, good to know

>>17973542
>undoes your (((order)))
I got you covered, bucko

>>17972400
Some firearms will hold and increase their value if cared for. I'm honestly considering putting my savings into old milsurp.

>>17972400
>>17976184
Antique firearms do very well. I'm not sure about the American market but I'd imagine original Revolution era flintlocks are a good investment

Have any of you niggers ever actually profited from stacking or are you just using it as a store of value?

>>17974035
Lol

>>17976282
LMAO

>>17973674
>junk gold

lmao, You'll get $800 for that.

Found these - 2020 2 oz British Silver Queens Beast White Horse Coin for $34/each on jmb, worth buying? Given the current premiums $5 doesn't seem too bad ..

Found some eagles in stock slightly above face value.

https://www.aliexpress.com/item/4000606379218.html?spm=a2g0o.productlist.0.0.7c25725d4DZIgB&algo_pvid=7550c033-f3cb-4db3-99d2-3782c11be272&algo_expid=7550c033-f3cb-4db3-99d2-3782c11be272-11&btsid=0be3743b15847546911381037e6f94&ws_ab_test=searchweb0_0,searchweb201602_,searchweb201603_

>>17968287
hard to say, might be months or even years from now. But whatever you do, don't sell this at a lost. At some point you will get your gains for sure.

>>17976573
>plated
How do you know how much silver you get?

>>17976573
Wish has silver bars

>>17976573

>>17976695
don't buy anything plated bro

Interest rates will soon be negative and you will be charged to hold money in an account. To get around people doing bank runs we will be charged large premiums to deposit money and restrictions on cash will get worse, scomos 10k cash ban is the start. People will eventually say 'howsabout fuck u' and start trading gold and silver instead and the paradigm shift will lead to a bimetal money standard through a passive whereby people start to say "we accept gold and silver" at their cafe etc. Daymon Klotz called this shit in 2012.

Is there a case for platinum?

Should I focus on ASE's or straight cheapest silver per ounce regardless of its form? Im a stacklet with 66 ASE's though I do have a bit of junk gold. I never really payed any attention to PM's sadly.

>>17976918
*Passive revolution

>>17976919
Just get fucking bricks of the shit cunt. Don't get junk 925 sterling or 800 spoons unless the price is below spot by weight of the actual silver contained.

Any tips for buying gold? I'm new to this, mostly worried about losing my savings to the BRRRRRRRRRRRRRR. Thanks.

>>17976563
I'd say so. Once the queen kicks the bucket those are gonna shoot through the roof.

>>17976974
http://cointrackers.com/

>>17976974
You gotta bite it to make sure it's real!

>>17976919
Get whatever you can as cheap as you can. When it comes to precious metals there is always a buyer in the right market

>>17976963
The gold was from a while ago, long before the virus. Just mentioning what I have.
>>17977006
Ill do that since already have some ASE's just not a lot

>>17976282
Precious metals are not for flipping or trading.

It is exlusively for the financial reset. If you have metals when that happens you win. If you only have worthless paper contracts or fiat, you lose

We are already past the point of no return, you can barely get metals anywhere anymore.

>>17977023
how much would 1oz of silver or 1oz of gold get you?

>>17977077
Fucking corn man wheel barrows and trailers of the shit

>>17977077
About 100 times the current purchasing power.

>scotsdale silver main site 20 days shipping
>their ebay is fast and free shipping in a few days but is like 10% higher prices or more

hmm

>>17977212
Holy fuck my post got screenshotted. It’s happening for real. I made that lost a year ago

>>17977077
Depends on how smart you are. If the guy doesn't want to sell you 100 apples for 1/10th of an oz of silver just wait. If you're the biggest source of precious metals you control the price and the guy looking to convert his 100 apples into something he can manage and store doesn't want to devalue his means of storing value anyway.
Recognizable coins with faces people know will probably still have a premium.

Back in the old days how many copper pieces equaled 1 silver and how many silvers equaled 1 gold piece?

>>17977278
I don’t like your analogy. Sure I’ll want food and all but the real motivation of stacking dimes and halves and ounces is To get blowjobs from formerly well to do Range Rover driving housewives will will be glad to suck dick for 1 mercury dime while her starving 18 year old daughter watches her do it before going off to the food exchange

>>17977267
no that was my post.

I am gonna make it

>>17977220
Get what you can. Don’t fuck around. 1 ounce will be worth at least 2 weeks worth of days wages. You’ll be in great position with as little as 100 ounces. Who gives a shit if you pay 30% premium when it’s all said and done. That’s just your fault for waiting till the last minute so you are actually getting a good deal

>>17977311
Silver to gold ratio was 16-1 historically because that’s the ratio it comes out of the earths crust

>>17977359
Iii coomer we all have feelings but don't curse the revolution with debauchery if anything you need to be more focused and tenacious when tshtf

>>17977023
Bingo. Smart anon. In the fiat paradigm it just tracks inflation. You MAKE IT in the reset

>>17977359
i like that

>>17977431
what revolution?

>>17977402
ebay is less but you get it very quickly but the main site you get more for the same price but shipping is like 3 weeks minimum, anyway how will a silver eagle function in your scenario over random rounds/bars

>>17976974
Gold is savings you fucking moron. The dollar value of gold is irrelevant. You value gold and silver using ratios to other real assets which gold is undervalued and silver is out of this world undervalued. Why would you be valuing gold in terms of paper dollars when it was gold that gave value to the dollar?

If the dollar dissapear from planet earth tomorrow morning my wealth in gold is unaffected

>>17977359
I used apples because you can easily visualize them rotting away which creates a contrast with the eternal gold and silver. Roasties lose value fast too but it's not as obvious over a few weeks. If you only have apples and no access to precious metals you should buy the roastie for apples and trade her for metals when you find someone who has them.

Can someone redpill me on Palladium and Platinum? Also valuable? More speculative? Slept on?

>>17967999
Maybe the actual price is higher than you believe?

>>17977431
I don’t buy gold and silver for Shtf. I buy it for a relatively clean reset. If we have shtf for an extended period of time I’ll be fucked even with gold and silver. I play video games 6 hours a day on a down day, and I barely know how to set up my Xbox. So I’ll be fucked if we go back to like the 1800’s for an extended period of time, sure I’ll be better off than most but it will still be misery. I’m hoping for a clean reset

>>17977494
redpill is tylenol

>>17977478
I don’t know exactly. All I’m saying is get some and get them as fast as possible. Where do you live?

>>17977509
I'll fuck you for a Mercury dime if you want

>>17977529
Nevada

>>17977267
Nice, I like that the oldfag PM bros are still lurking. It's been a crazy ride... we are all gonna make it frens

>>17973118
Dude... do you even know what’s happening on planet earth right now?

>>17976963
Why are you hating on spoons? Can you not sell them near spot? (I'm thinking of jumping on the sdbullion deal.)

>>17977619
Shit cunts will put a stamp on anything. I have bought 925 stamped jewelry and had it rust.

>>17977589
I can't believe Star Trek Picard was so bad it caused a global recession. There has to be some other factor we're missing.

>>17977585
See you at the brothels fren

>>17977577
Try dealers. Worst comes to worse ask the dealer if he’s willing to part with some of his personal stack. Remember... silver and gold might be unavailable or at least it was 3 days ago... but now normies are selling their gold and silver because they need cash. I literally was buying some silver today and some boomers came in with a a bunch of gold and the wife was like we have some silver can we sell that here too and the guys like yeah... and I made a point to tell them don’t sell it all. So call dealers and ask if people are coming in or have called in to the shop saying theyll come in and just go there and wait for people to arrive and sell.

>>17977530
Ok. Bottom or top?

>>17977784
Stand in parking lots of LCS's and intercept people trying to sell kek

>>17977799
I am ----ALWAYS---- a power bottom. DO NOT dare ask a stupid question like that to me ever again.

>>17977077

>>17973533
Dude you don’t even have to worry in the slightest. 17 ounces of gold and 800 ounces of silver will be generational wealth. If gold is revauled to 30k and silver goes to sag 200$ ...that’s roughly 500k.... but 500k certainly isn’t a shit ton of money and certainly not generational wealth. But what you don’t get is that 500k in metals will now be like having 500k in 1930 or whatever, when a loaf of bread was 10 cents or whatever.

You have like 50 years worth of historical days wages with 800 ounces of silver. Some of these asshole gold bugs think you need 100k in gold to cover 100k in dollars. When in reality they only need maybe an ounce or two to cover that 100k in fiat

>>17977980
explain that to me like im a brainlet because I am a brainlet

>>17977980
Explain this to me a little more, i know a lot but what is this portraying exactly

>>17977706
would a girls grool tarnish my stack?

>>17978088
Massive inflation. This is why one silver ounce buys you 4 months of food in Venezuela on the black market. What does it cost you to buy a silver ounce? 20$? 20$ doesn’t even buy you two jimmy johns sandwiches, but when the currency collapses that silver ounce that costed 20$ can now buy you months worth of food. This proving that we are getting absolutely BTFO by inflation.

When Americans hear about gook rice paddy farmers earning 2$/day they are like OMG WTF? But that 2$ will buy you a silver dime at a coin shop which is right in line with all same historical economic reality since a silver piece the size of a silver dime has been a days wage throughout history.

And some fat asshole selling insurance while providing zero real value for society is earning 300$/day... and if he conceded that to silver would equal 15 ounces of silver for a daily wage, which flies in the face of all historical economic reality and is only made possible because of massive inflation and rigging of prices

>>17977589
ok I may have misspoke. What I mean is that a good amount of people are still in the "it's just a flu bro" mindset and we clearly have a long way to go before we hit bottom. My real question is, do I stick to my plan of picking up more silver every week or so for the next few months, or do I just buy as much as I possibly can this weekend with every last dollar? Will all the shops just be empty for months?

>>17978099
So this is why even for a poorfag locking up 50 ounces of silver puts you ahead of probably 90% of the population. 50 ounces of silver would have took a pleb 2 years to earn. Silver is the most undervalued asset on planet earth

>>17978182
Well how many ounces do you have now?

>>17978158
Thanks anon, puts a lot of things into perspective.

>>17978212
I went from 0 to 300 in the past 2 weeks. also picked up 2oz of gold for good measure. At current spot + premiums I maybe have enough for another 50 - 100 oz of silver, or 0.5 - 1 oz more gold.

>>17978245
Oh ok your fine. 300 ounces is PLENTY. So you are safe, and the 2 ounces of gold is a nice bonus. Just chill your are good. Just buy at leisure

>>17978182
Everything you think is going to happen months from now is about to happen in weeks. Mints are closed with final shipments coming end of march/early april and many of those shipments are already accounted for at massive premiums OR they may simply end up getting canceled by dealers if shit really gets out of control. Honestly I'm not trying to make you fomo I just think it's already too late. I'm getting all my shipments tomorrow and Monday. I expect soon full lockdowns will cascade through the states and no one will even be able to get to the post to ship your metals. So even if usps is still operating as an "essential" service it won't really matter because every dealer will be in their house with guns loaded.

>>17978269
Thanks for the advice in these uncharted times, anon.

>>17978245
Keep the cash on hand that you now have. No sense in adding to your stack all at once just to bump it up 12%. Cuz even if SHTf it might take some time to realize that 300 ounce stack and you might need that cash for any necessities especially if you are a poorfag

>>17978285
And remember... watch the ratio... because if the ratio drops back down to 30 or so... I would immediately sell half your silver stack for 5 free ounces of gold . But don’t sell it all because it could literally invert where silver is more valuable than gold

>>17978269
86 oz for me..will I be middle class at least

how comparable are ASEs to other nation's bullion like maple leaves and Britannias?

>>17978274
This. All anons out there who are desperate to get your hands on silver or gold... literally hang out at your nearby coin shop all day and wait for normies to come in and sell. And I if you have 2-3 shops in your area call the others and have them call you when someone comes in while you wait for normies at the one you are hanging out at waiting for sellers to come in

>>17978376
Doesn’t really matter. Silver is silver.

Thinking about picking up some platinum. I have enough silver and gold. Good to diversify into platinum?

>>17978372
You are fine. If the ratio whiplashes back to 10-1 or something sell half for 4 ounces of gold.

>>17978417
Yeah not a bad idea especially if you have enough g&s

>>17978433
You mean when silver hits like 160 an ounce?

>>17978352
>silver more valuable than gold
What kind of delusion is this

>>17969208
TD bank sells bullion, and they still have some in stock

Literally cant buy silver RN

Paper price is too low and no body is selling physical at this price

>>17978459
Yeah. Granted gold stays the same. Look at the ratios. Actually if silver went 10-1 with gold... I’d just exam for all the silver for 8.5 ounces of gold. Cuz that’s a good gold stack especially for a poorfag

>>17978352
Last time the ratio dipped below 30 in 2011, it seems like it only stayed down there for a couple of weeks tops. Were people actually able to find buyers during that window? Would your LCS even pay that much, since right now we're seeing that they do not want to pay spot price if it's bad business for them?

>>17978472
I know. I’m juT saying it isn’t out of the realm of possibility at all if you had a 1 to 1 silver to gold ratio at least for a short period of time. Look at that silver to gold ratio now. It’s like a rubber and stretched to its last millimeter

>>17978372
20 oz stacklet for this newly minted silverchad. Haven't been on the train long, wish I could get a little extra but afraid of the whole shutdown possibility and don't really have any shops near me.

>>17978522
LCS doesn’t care if you trade your silver for gold. Sure they’ll get maybe 5-10% on the trade but whatever.

>>17974483
I picked up 60 oz for about $12 oz

>>17978531
Drive and go get them. Drive 3 hours if you have to. Call ahead and ask if sellers have been coming in. The difference between 20 ounces and 100 ounces is night and day

>>17978500
guess what, paper silver will take a couple of years minimum to get back at $16, and sellers will need to adapt to these new prices. Right now they are just in shock but at some point they will have to capitulate, and that will be the moment to buy.

>>17978566
You are delusional. With trump making moves right now and all this shit happening if you think silver is going to crawl back to 16$ like it it’s 2014 your nuts

>>17978269
So is 10,000 ozs too much?

>>17978543
Kek bullshit. Even the most transparent dealer I know right now is still buying for $13. Is this post designed to discourage anons from picking anything up currently because they will feel they are paying too much premium by comparison?
Clearly someone doesn't want metal chads to make it...
>>17977324
>>17978418
>>17977688

>>17978606
it will but it will take ages. I don't understand how people are paying up to $8 premiums when they will drop in the coming months

>>17978673
Because shit is in turmoil right now. Of silver doesn’t make violent moves now it never will. Trump talking about printing money and bailing everyone out os absolutely wrong to be doing unless he is really returning us to a gold standard.

>>17978673
And remember... silver is savings. Sure your paying a premium to get locked in but it’s worth it because your wealth will multiply like no other if this is in fact the the big one

>>17978612
Uh yeah. If I had 10k ounces of silver I’d put at least 7k ounce into gold

>>17978673
because we've reached the end of the current economic paradigm. If Trump weren't in charge we would probably distort shit even longer by fucking with negative interest rates but that's not happening in this timeline. It's over. A reset is inevitable and it's not waiting for you to catch up.

>>17978673
The 8$ premiums aren’t really that bad. If silver was at 17$ you’d be paying the same.

>>17978746
This x100

>>17978671
I'm a professional silver hustler. I have my methods

Will 2020 ASE's be more valuable than usual?

>>17978843
No

>>17978826
buying junk silver?

>>17978843
If they're the last that are ever minted. 2020 coins that celebrate trade with China even more.

>>17978873
good guess...but no

>>17978843
It looks like they are going to be super limited if they don't start minting more. As of right now they are not minting and they had record sales for Feb and March. Just with how fucking crazy this year is and especially if there is a new paradigm they might have more significant sentimental and numismatic value. JM bullion cancelled my order for 120+ 2020 ASE's and I'm pretty bummed about it. I have one coming next week that I might actually just keep even when I sell the rest of my stacc... to remember my fellow silverchads during these tumultuous times.

How do you feel about cull silver eagles?

>>17978908
but I will add at this point with premiums skyrocketing and most shipments not coming until April I wouldn't try to hunt any 2020 ASE's. Just get any quality physical you can get your hands on and strap the fuck in anon.

>>17978918
I'm interested in hearing anons thoughts on this as well. I only have one cull I got so I could look at an ASE more closely and leave the rest in tubes. you can hardly tell it's damaged really.

>>17978918
silber is silber

>>17978899
Are mints closed for 2020

>>17979063
The only reason I want metals right now is to hedge against the possibility that we're completely fucked and nothing will open back up again. If that actually happens 2020 coins will be rare and have a special significance.

>>17978859
Based goldbull has returned
blessed thread <3

>>17979160
only have enough to get a roll of 2020 eagles or like 25 ounces of other silver

>>17979063
I don't believe they are closed actually but they announced on 3/12 that their supply had been temporarily depleted due to unprecedented demand. So maybe they will increase production to match it or maybe this whole thing will drag out and there will be less minted for the year. This is the last year before they switch to new, supposedly more secure design. So they may not choose to start higher production when they are about to change the process in 2021. I'm not sure what will happen. This year has been fucking crazy so far.

>>17976278
>dude it'll be worth a lot just wait 200 years
>>17976184
Terrible as an actual investment, probably an ok store of value until laws get kiked

>>17979239
Silver is not an investment it is money

I mentioned this in another thread, but I just bought 26 ounces of Silver Maple Leafs. Am I a dumbass?

>>17979187
What’s up baby how you been? Ready for the blowjobs from desperate housewives?

>>17979351
If everything is really actually fucked you just want as much metal as possible no matter the fiat price. Things are probably relatively fine though.

>>17979430
Thanks brother, that calms me. I have a shitload of scrap copper too from my job, well a few full sacks anyway

>>17978612
You're the next Mansa Munsa

>>17973572
Jewelry is a mix of different metals and not "instantly recognizable" in value because it could be mostly junk metal with a gold plating.

Coins are minted from a centralized source and much harder to replicate. Not impossible, but significantly harder than just gold plating some junk chain.

>>17967723
I came here to just to post this question.
Why the fuck is the silver price so fucking low?

And I'm seeing in this thread that people have trouble finding silver at this supposedly low price.
Isn't a low price supposed to indicate that people are mass dumping their silver and you should be able to find it everywhere and anywhere?

>>17979872
One basic thing to follow is the price stays with oil prices, and just because it's low doesn't mean people are willing to sell at that price. In the past, when it goes low, more people want to buy it, which drives the real price up, not the paper price.

I've been researching silver for about 3 hours and have 26 coins so I'm basically an expert on this now.

>>17980074
Why the oil/silver connection?

What is this paper price?
How is the paper price determined vs the real prices you see at a vendor?

>>17979356
You better believe it
My stack just keeps stacking
bid tiddy milfy harems soon mein fren :DDD

>>17973542
6104=unconstitutional

>>17973418
finite supply (unlike with fiat where a single entity has 100% control over it, and hence over the actual value of your stack)

de facto acceptance as THE reserve asset

simplicity/wellknownness. everyone in the world above age 6 knows what gold is.

>>17980174
>Why the oil/silver connection?
Not sure but I suppose market forces effect them in the same way.

Paper price is the actual price if you google it., right now it's about $13 an ounce, but if you put it at an auction it would go for perhaps $18 right now. And I think it's a trust thing better to have it in the hand for $18 instead of in paper for less which might fall through. For example right now silver can't be bought at paper price, it's sold out

>>17976278
>>17976184
>>17979239
Smith and Wesson revolvers pre 1982, and Colts prior to the 90s hold and appreciate value really well. I've almost always gotten my money back reselling older Smith revolvers few times a small loss if I m desperate for cash, a few times a decent profit after owning for a year or so. In fact I just sold a Model 10 snub the other day and made $50 profit. I coulda probably held out for more but the boomer asked if could come down, I'm not greedy so I said sure. Just gotta hunt armslist/local pawns for good deals and know the markets

I plan on spending my helicopter check on gold...if I can find any

>>17980796
Don't put all your eggs in one basket

is it even worth buying .999 silver?

redpill me on south korean silver (specifically on why no one wants it) and gold Mexican tiddietads

>>17981683
They have high premiums

https://www.zerohedge.com/news/2020-03-20/window-purchase-precious-metals-fiat-currency-closing
The Window to Purchase Precious Metals with Fiat Currency is Closing

>The window for purchasing physical precious metals with fiat currency is quickly closing. At this time, it is still possible to settle physical precious metals purchases in fiat currency with some bullion dealers. At BullionStar, we are still accepting orders for precious metals settled in fiat currencies, and priced based on spot with a premium, but that is subject to change.

>I would strongly recommend everyone to value and count their physical precious metals in weight i.e. in grams or troy ounces, not in fiat currency.

>If you don’t hold physical precious metals yet, the window for acquiring metal is closing in. At BullionStar, we still have inventory stock of some items but are running out quickly. By traditional means, our premiums are very high but still not high enough for physical demand and supply to balance.

>If you as a saver or investor find actual bullion in stock with another bullion dealer that has better conditions than us, go for it. At this time, any fiat currency price quoted for physical metals is a good price.

Bump

Where to buy? Would you recommend krugerrands/ is there any way to remove the copper easily?

>>17983192

>>17983434
I already have a stack bro, I want more.

Aus/k/ommando here. I’m already heavily invested in firearms, but I’d like to branch out into precious metals. I see everyone talk about the Perth Mint being the place to go, but are the prices good?
>$95AUD ($55USD) for 1g (0.0353 oz) gold bullion
>$26AUD ($15USD) for 1g silver bullion.
Is it a good idea to invest in precious metals? I want something that won’t fluctuate and fuck itself as much as our dollar will in the next few months that I can store as a physical asset. Any help is appreciated kings.

>>17978958
>you can hardly tell it's damaged really
There are ten in that tube and four of them I don't see anything at all wrong. I was kinda hoping they were dinged up even more so I wouldn't mind playing with them but now I'm going to leave them in the tube just like my BU eagles.

>>17983881
Shit, should correct myself that it’s $15USD for 1oz of silver, sorry.

Thoughts on buying silver grains and rounds?

> paper silver price is 10 GBP/oz
> Silver Britannia goes for 30GBP/oz everywhere
> Average GBP I've paid for my 1200 coins is about 13GBP
These are some Crypto-level gains, the only issue I'm beginning to see is the storage capacity and actually selling it quickly. Still, insane price jump.
SILVERCHADS RISE UP

Anybody have the screenshots explaining why silver is going to be a future moon mission?

>>17977377
I believe this anon because digits

>>17983881
Read all my posts above.

>>17984087
It won’t be a moon mission like you think. It’s a currency reset. When silver goes up in dollar price, that isn’t the same thing as amazon stock going up in price. When you buy gold at a coin shop you are doing that for completely different reasons than when you buy amazon stock. Amazon stock is an investment, buying gold is converting your worthless paper wealth into a real asset/savings/money.

Gold and silver is wealth. Not dollars. It’s why people who get rich off crypto or whatever who then throw it all in the market to earn a stupid 6% a year or whatever. If you made it already all you need to do is protect it in gold

>>17981683
south korea is irrelevent is why.

>>17984547
This x1000. You don't buy gold because you think you're gonna make a lot of money. Best case scenario, you get a nice 3x if you're lucky. Also, when the whole virus scare blows over in a month or two, price of gold is gonna tank and all of these idiots that bought gold for $200 over spot and silver for $8 over spot are gonna get BTFO.

>>17984589
The dollar price of gold doesn’t matter. You make it with gold in a reset. As long as you are under the fiat paradigm gold and silver just protect from inflation more or less. Remember the old story from Weimar Republic Germany where a hotel bellcap had like 5 ounces of gold saved up or it might have only been 1 or 2. And when hyperinflation hit he was able to buy the entire hotel he was working at with a measly 2-3 ounces of gold.

You are valuing gold and silver the wrong way. You value it using ratios to other real assets. Valuing gold in terms of dollars is the dumbest way to value it. Why would you be valuing gold in dollars when it was gold that gave value to the dollar. The entire point in buying gold in the first place is because the dollar is a fraud

best place for gold in uk?

>>17984933>>17984589
>>17984547
I understand this, wanted a screenshot to show my friend. I don't mean "moon mission" as in silver will rise in fiat, I mean it as in silver will moon my standard of living. I apologize for using the wrong language, I'm running off a few hours of sleep. How many oz. to make it?

>>17983629

>>17983192
>already has a stack
>asks pants on head retarded question about removing the copper from krugerrand coins

Press X to doubt.

>>17985034
My guess is 100 ounces will be enough to make it... at least in this new world. If I had no silver and was able to get 100 ounces... I’d be comfy given what’s going on.

Remember.... 99% of people, maybe even more... don’t have even 10 ounces of silver.

You ever see this mark dice video? He is literally on a street corner in front of a coin shop.... literally offering people walking by a 10 ounce bar of silver for free or a Hershey’s chocolate bar for free. And he has like 8 people literally take the Hershey’s chocolate bar over the 10 ounce silver bar

>>17985034
Oops here is the link

https://m.youtube.com/watch?v=bYhTFz_SGw0

>>17980585
You are paying a premium for the rarity/quality (and thereby liquidity, such as ASE's being most liquid) of your bullion + a conversion fee to swap your fiat for real savings on the fly. It's like hitting the price lock on your ledger for fiat.

>>17985401
That is wild. What is wrong with normies lmao

>>17985401
He does it with 100oz


https://www.youtube.com/watch?v=G8qGDun4puM

>>17984416
Thanks mate, so you reckon buy silver more as a form of currency instead of an investment? I’m just looking for something that’ll be valuable so when my paper money isn’t worth jack-diddly shit I’ll still have something I can use to live relatively well off. Obviously I’ve fucked up waiting this long to jump in, but it seems like it’s smart to go now before it gets difficult to get a hold of. I’ve got about $400 set aside to buy some metals so it’s just figuring out what I grab and whether it’s smart is all.

>>17985604
I don't think I believe this.

>>17967723
>8 oz gold
>550 oz silver
>1 oz platinum
I know I'm a stacklet but I'd just like to say how glad I am /biz/ started shilling precious metals hard starting last year or so. All the dealers are out of nearly everything now, premiums are through the roof, they're selling ASEs for TWO FUCKING TIMES the ((((spot)))) price. The boat has fucking sailed.

>>17973572
can confirm bitches love the jewellery itself as well as that you do it for a hobby.

>>17979714
Why copper?

>>17979872
Paper silver is dumping. That is worthless silver contracts.

Meanhwile actual demand for metal is skyrocketing, and is sold out everywhere.

Don't get fooled by the paper Jew. As worthless contracts approach 0, the real price of silver will emerge.

First timer - I just bought 2 of these puppies (20 oz). Am I part of the club?

Are copper coins worth buying? They are only a dollar and half per ounce. I feel like 1 oz of silver is "overkill". An ounce of silver will buy me a few months of food, while copper will get me 1 week of food.

>>17985807
Damn wish I had some coins for clinking them together. I only have bars in plastic packaging, which I'm too anxious to remove, and the sound just isn't appealing.

>>17967999
Haha I found someone online selling silver half dollars for only 2 dollars over spot. Not gonna tell you where.

>>17985781
Never underestimate the stupidity of the normie.

Plenty of UK bullion retailers with stocks of gold, silver, platinum and palladium.

I'm a noob. What do I need to happen to the price of silver if I literally buy 10kg of silver bars and keep them under my bed until the time to resell them?

>>17985909
Junk silver might be what you are looking for. Old quarters and dimes I believe

>>17986150
You aren’t reselling for more worthless paper.... unless it’s a new currency/reset where you make out like a bandit. The whole idea Behind it is all assets are overinflated... especially compared to gold and silver. Then you have a deflationary collapse of all asset prices. And then silver and gold are revalued overnight to purge all the debt from the system and then your 50-100 ounces of silver buys you a house free and clear.

Remember... for most of human history and even today in much of the world a silver piece the size of a silver dime was/is a days wage. So some chink making 2$/day America’s are like omg! Wtf! But that 2$ will buy you a silver dime at a coin shop so that’s right in line with same historical economic reality.

A gold ounce = 20$ 100 years ago. Today gold is $1,600. That’s all inflation. That’s all it is. The dollar value of gold means nothing.

>>17986150
>Plenty of UK bullion retailers with stocks of gold
what? where
you just didn't read the footprint. they're out of stock. you can buy now but they'll only deliver when they get re-stocked which nobody knows when happens.

>>17967723
So what're these metals actually good for?

>>17985807
impressive, very nice stack anon

Just bought some 93' silver eagles today. $22 per

>>17986584
Storing value. Let me explain by example. Lets say a big mac costs either $10 USD or you can pay with 1/2 oz of silver. With 10% inflation, in 10 years (assuming the quality, production process/cost of producing a big mac stays exactly the same) the big mac will cost $20 USD because of inflation. BUT it will still cost 1/2 oz of silver.

>>17986584
>store of value

>>17985904
can someone give me their opinion on copper coins

>>17986703
Not a historical store of value. Just buy quarter ounce silver coins if you're a poorfag

>only have 300 oz of Silver
Its not enough, is it?

>platinum
>palladium
>rhodium
>etc

Why should I stack these and why are they so much more expensive than gold? I thought gold was the big dick alpha hyper chad getting all the bitches wet.

>>17983434
ok but silver literally dumped with everything else lmao. you "stackchads" are pathetic

Hey guys, I found this tiny offline dealer that still has some golden Kruggerrands (for goldprice + small premium). Should I purchase now against the current goldprice or should I wait for monday and hope for the drop?

>>17986831
the etf dumped

>>17986584
clinking

>>17986831

My humble survival stack

>>17987118
>backpack
Are you planning to bug out?

>>17987137
Yes. I live near niggers

>>17985877
how does 2 million sound?

>>17987155
I hope you will find a good community that will take you in.

>>17987118

>>17987193
Me as well anon. That said I have no problem humping it to a desolate place and camping for an extended time. I Have the ability to purify water and hunt game. I have a break down .22 in there as well as my AR as you can see. A 2nd full combat load of mags in the ruck. With water it’s 65lbs. So 2 weeks of food, sleeping system, cooking set, fire starter. Two change of clothes (extra socks) and a full sleeping system and tarp.Crazy how light a ruck can get without batteries and a radio and you still have all the essentials for an extended long “camping trip”. I advise any anons to set up a go back and imagine that they won’t have electricity or a car and must make it. Remember you can’t just drink water out of a creek unless you want to pee out your butt and die.

>>17987196
Buy some vanadium chrome tools, they will be cheap soon, and can help you find a place where work is valued

>>17987196
is that an HBAR

>>17985807
I wish I had the $$$ to grab an oz of platinum when it dipped into the $500s. I am certain it will rise up decently again. awesome stack too anon I'm jelli

>>17987283
I am not mechanically inclined. I’ve worked security gigs since I’ve been out and honestly if the world is going nuts where I need to get out of where I live I am sure someone is in need of decent security, so that is the skill I’d be able to offer. That or I just find a decent family and ask to live in one of their barns providing that I help work/guard the land. I’m a simple guy. I just need a dry place to sleep.

>>17986831
Paper silver dumped. Physical silver is holding where it was or even above where it was before the dump.

>>17986703
Not an investment metal. Too much of it. It's good to scrap but I wouldn't invest any $$ into it

>>17987323
No just something I put together. Drilled out an 80%. Bought the upper from palmetto, the carrying handle and stock were gear adrift.

>>17986584
It's a hedge against inflation. If you have $1 in 1945 and you hold onto that dollar for 75 years, that dollar no longer has the buying power it had 75 years ago. If you have 1 oz of gold in 1945 (which was around $31) compared to now which is floating around $1500, your possessions have fought against inflation the entire time.

Now more than likely you're not gonna have it for 75 years, but it's more of a 'value storage' for long term wealth maintenance than a 'flip' asset.

>>17967723
No metals here.
Ounce of gold or 100 oz bar of silver? Same price ...

>>17987551
Based on what I read and my limited knowledge I I would get silver. Mix of eagles and bars.

Any anons also stack seeds?

>>17973674
>look at my nigger gold guise!

>>17987551
Silver 100%. Wait for ratio to go back down to 10-1 and then flip your 100 ounces of silver for 10 ounces of gold

>>17987897
That guy Schiff says silver will surpass gold. Regardless of the ration goes 10-
:1 I will pick up 4 ounces of gold and hold 120oz silver

>>17985877
Welcome anon. You just joined the 0.01%

>Finished paying off my debts last week
>World economy on the edge of collapse

I thought I had more time...I have enough free funds to stack at 10oz a week but deliveries have become so slow I don't know if I'm going to get it in time. I'm scared...

>>17976974
You should buy coins issued by a well respected sovereign mint. The gold coins with among the lowest premiums I have seen are Canadian Maple Leafs and Austrian Philharmonics. You can also buy 1 oz gold bars refined by Credit Suisse or PAMP but I've been reading about counterfeits from China (of course, where else but that shithole?).

If you've got more money and are willing to spend the premium, the American Buffaloes are very nice coins and the American Gold Eagles are highly recognizable and trusted although they're only 22K gold.

>>17985877
Yup. That's actually a solid stack right out the gate.

What would happen if every single door handle. Every school desktop. Every single place people touch in a public place had to be plated in silver or covered with silver nanoparticle paint? I have read that silver kills the Chinese virus on contact but copper does not.

>>17988114
>I thought I had more time
We all did, I was expecting the economy to be propped up at least through the election

>>17987639
I don't believe the world will go to shit that much. Our economy can get wasted to a degree, just enough to make money on gold and silver, but I don't bother with guns and seeds. If we're in Fallout Scenario, I'm fucking dead no matter what. I don't have what it takes to survive a lawless society.

>>17987950
Well... make no mistake it’s also smart to have gold. Gold is international money. If I had 100 ounces of silver and the ratio went down to 10-1. I’d sell 30-40 ounces of silver for 3-4 ounces of gold. And then 60-70 ounces of silver will still be a fucking shit ton

>>17977212
>About 100 times the current purchasing power.
Ahahaha. I don't think so. Not unless there is a hyperinflation and you manage to time the thing perfectly. Not to mention the government doesn't somehow screw you out of such excessive purchasing power.

A lot of commodities are already fairly price. If you have silver dimes pre-1964, one or two will buy you a gallon of gasoline. That's pretty close to what gasoline cost in the 1950s, about ten cents a gallon.

What could become a lot less expensive will be financial assets such as stocks and bonds. Housing might cost less but you have to remember that, historically, a nice home could be purchased for about 100 ounces of gold. That's right. At today's prices, you'd still need $150,000 worth of gold to be able to buy a pretty nice house in the future, assuming some sort of serious reset occurs.

The only way gold get 100 times its purchasing power is a Mad Max scenario, during which you buy all the cool stuff you can, following very quickly by a period where order is restored. If order isn't restored, most people who have precious metals will not have the means to maintain possession of all their toys for long.

>>17988114
Jesus.... has to stacked silver and gold you could have extinguished all your debts with a few ounces of silver or 1 ounce of gold. Muhhh debt and credit score lmao... nigga I’ve had a worse credit score than an illegal Mexican for 10 years, and never gave a fuck because I knew this was coming.

I love this time. It totally absolves me from not trying to get ahead the past 10 years, family, job etc. cuZ even before I consciously knew this would happen something kept me from joining the rat race because I felt it was all gonna be for not

Who the fuck buys pre history shiny stones.
OGN & ZANO ftw.

>>17986802
I'll have 10 by the end of the week, and consider myself fortunate. Will try to order more, but at this point we should probably be happy with what we have.

>>17988171
>silver will still be a fucking shit ton
I hope so anon. All I want is a small farm and to raise my family off the grid.

>>17988158
Yeah exactly... I play video games 6 hours a day and still don’t even know how to really set up my Xbox. If Shtf really hits and it isn’t more of a clean reset I’m fucked. But at least I should live long enough to ration out silver dimes to milfs for blowjobs. I’m not going out like a cuck. I’ve been hornier than ever during this clusterfuck. It’s literally been a cure for my low testosterone. It’s like my brain knows that pussy is coming and is overdoing any sex normies that have been gradually dissapating. I feel like I’m 15

>>17988200
If 1 ounce of gold converted to the new currency now buys me a home. I’d be happy to give the govt 50% in taxes.

>>17988294
Y-you can come to my survival bug out house
I have funs to share and food

>>17986560
bettsinvestments

you better not be fucking with me.

When the market recovers will people dump their PMs to buy stonks?

>>17988343
It isn’t going to recover dude. I just got done yelling at my moms fucking boomer bf that says what every other asshole says but muh stock market goes up and down and always goes back up. It’s fucking over

>>17988285
Can't you do it now? Land is cheap.

>>17988394
>Land is cheap

I don’t have $150k in the bank and I don’t believe in taking out a usurious loan.

>>17968356
during all those years silver+premium costed around the same as today, as silver costed more while premium was lower.

>>17988382
>It’s fucking over
On an intellectual level, I know this.
I just can't feel it yet.

>>17987196
lol what are you planning? Running out into the woods with a gun and some heavy silver to weigh you down? What are you going to eat, where are you going to sleep genius?

Where the fuck can I buy anything in Australia? It looks like everyone's sold out. Can anyone give any suggestions or am I fucked?

>>17988648
Go to a coin shop and literally wait inside for normies coming in to sell their 90 year old parents old coins and buy them

>>17988315
That's just not going to happen except in the most chaotic of instances. The only way you'll even get close to that kind of a cheap price is to buy a house now using a mortgage and hope that very high inflation enables you to pay off that mortgage for a tiny fraction of today's purchasing power. For example, if you borrow $200,000, you hope that high inflation causes gold to be priced at $10,000 or $20,000 per ounce. Even at those pretty high prices, You'll still need 10 - 20 ounces of gold right now: $15,000 - $30,000 at today's prices.

>>17988435
Hyperinflation will pay it for you.
Buy now, pay when you get $100trillion paycheck.

>>17978376
ASEs are the best silver coins with the most beautiful design and highest quality minting. But you'll pay a much higher premium for them than other sovereign silver coins.

>>17988619
I’m sorry you were raised my lesbians.

Silver isn’t that heavy...(go to the gym young man)

> What are you going to eat?

I have rice and tuna in that ruck for a weekand a half and Would start trapping and looking for edible plants...also would shoot any wildlife I came across

> where are you going to sleep genius?

In a hammock, under a tarp. Have you never left your apartment anon?

>>17969344
You don't really invest in gold for the money. You do it because you don't trust the Federal reserve or their monetary policy and expect inflation

>>17988684
I’m going to wait for silver to moon and prices of property to fall. Not taking the risk on a loan.

If silver prices remain low, how long until premiums dip below $2/oz?

>>17988793
By*

>>17987639
I've got a box of leftovers from years of gardening.
Like my food preps - have what I use, and use it regularly.

>>17988149
yeah, it appears corona accelerated the entire timeline significantly

>>17983881
The price of the gold coins are pretty high, the equivalent of $1,710 USD while spot is about $1,500. You typically pay about a 3% - 6% premium for gold coins but the prices you've quote are asking nearly 15% in premium. That's a rip-off, IMO.

>>17988881
It isn’t a rip off at all. It would have been a rip off 5 months ago but now we are witnessing an economic collapse. What would you rather do? Pay a 15% premium and be locked in or see your dollars become worthless and have nothing.

You don’t even need that much gold and silver and you are fucking set. 3-4 ounces of gold. 200 ounces of silver and you are fucking set for a paradigm shift.

>>17967999
>actual price

The price its selling for is the 'actual price'. the spot price is literally made up by merchants.

>>17988859
That’s awesome man. Do you use raised beds?

>>17988820
Take 50 year long mortgage, it will cost you nothing.

>>17988328
Seems shady as fuck
>claims to be in business for 250 years
>company was registered in 2017
>HQ in birmingham
>certificate by let's encrypt

>>17989028
Anon. I’m not getting in debt.

>>17988956
>3-4 ounces of gold. 200 ounces of silver and you are fucking set for a paradigm shift.
If you live in the U.S.A., you are going to be sorely disappointed. In 1920, that would be equivalent to about $280, not even a year's salary. I've got hundreds of ounces of gold and thousands of ounces of silver and I don't feel too good.

I'm confused. Why is there such a disparity between physical and paper silver right now? Can't futures traders demand actual delivery of the underlying asset? Aren't there warehouses full of the shit? I don't get it

>>17989492
>Can't futures traders demand actual delivery of the underlying asset?
I think the problem is with the amount of silver selling right now, people are afraid that physical silver will 'run out' and you won't be able to convert the paper into what you're promised in metal.

>>17989492
why? because there is at minimum 20x more paper silver than physical
you just got kiked

>>17989492
One of the main reasons silver/gold/metals attract investors is because you physically possess it. You own it. It's there and the only way it leaves is if you lose it or it gets stolen. It's intrinsic value may fluctuate, but it won't just be physically gone. If you have paper silver, you own nothing. You own a promise to get something, and that can be broken at any time.

>>17989336
I might not be 1000% correct.... but if you think thousands of ounces of silver and hundreds of ounces of gold isn’t enough then you are delusional. 200 ounces of silver will be like 7 years worth of days wages historically, but will probably end up being 2-3x that because there are billions more people on the planet and much less silver available.

>>17989336
There’s going to be a deflationary collapse of all asset prices denominated in USD gold revalued overnight to say 30k/ounce and 10 ounces of gold equals 300k except it will be like having 300k in 1950 compared to today’s prices

>silver sold out at every online shop
REEEEEEEEEEEEEEEEEEEEEEE I WANTED MORE

I've been going to the flea market and shopping around. Found a dude who has 90% Kennedys I've been buying from him for $6/pop. I picked up 6 more today. I love these things. They sound so pleasing. He only has a few more left I might buy him out desu