[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 138 KB, 800x800, 173457_rev.jpg [View same] [iqdb] [saucenao] [google]
19712629 No.19712629 [Reply] [Original]

>Bullion dealers
https://www.apmex.com/
https://www.boldpreciousmetals.com/
https://www.bgasc.com/
https://www.gainesvillecoins.com/
https://www.jmbullion.com/
https://www.providentmetals.com/
https://www.silvertowne.com/
https://sdbullion.com/
https://schiffgold.com/
https://goldsilver.com/
https://pinehurstcoins.com/
https://www.sprottmoney.com/
https://www.moneymetals.com/
https://monumentmetals.com/
https://www.goldenstatemint.com/
https://goldsilver.be/en/

>Constitutional/"junk" silver info
https://www.jmbullion.com/ultimate-guide-to-90-silver-coins/

>Compare
https://findbullionprices.com/

>News
https://www.kitco.com/
http://silverseek.com/
https://www.mining.com/

>Bullion tax info by state:
https://www.apmex.com/state-sales-tax-information

>Prospecting
https://www.youtube.com/watch?v=ZCL6FKQZyoM [Embed]
https://www.usgs.gov/energy-and-minerals/mineral-resources-program/science
https://www2.gov.bc.ca/assets/gov/farming-natural-resources-and-industry/mineral-exploration-mining/documents/mineral-titles/mt-faqs/faq_fmc.pdf
https://www.mndm.gov.on.ca/en/mines-and-minerals/mining-act
https://www.amazon.ca/Gold-Creeks-Ghostowns-British-Columbia/dp/088839988X

>Test
Nitric Acid
https://www.youtube.com/watch?v=3mg9YcAShTo [Embed]
Magnets
https://www.youtube.com/watch?v=NgSXg-WOEVY [Embed]
https://www.fakebullion.com/index.php/resources/fake-bullion-database
https://www.fakebullion.com/index.php/resources/identifying-fake-bullion

>YouTube/Podcasts
https://www.youtube.com/user/silverguru David Morgan
https://www.youtube.com/user/SprottGlobal
https://www.youtube.com/user/KitcoNews
https://www.youtube.com/channel/UCqmToXM7x2tD7-2rs0KvObA
https://www.youtube.com/user/GoldAndSilverClub1
https://www.youtube.com/user/whygoldandsilver
https://www.youtube.com/channel/UCED7G7CZfqdSV9zttlr1M_g
https://www.youtube.com/user/belangp

>> No.19712894

First

>> No.19712917

If anyone is near stuart Florida the b and e flea market has great deals. The estate sale shop has eagles for $22 and apmwx 10 ounce bars for $195. Sadly I only brought $50 and scored 2 eagles

>> No.19713157

> you will never be able to buy a platinum batboy

why even live?

>> No.19713279

>>19713157
Plat is the shitcoin of PMs

>> No.19713550

Anyone have suggestions for good places to buy gold rings online? Looking for simple bands with a low premium over the gold content that doesn't sell fake shit.

>> No.19713730

>>19713279
heretic

>> No.19713755

>>19713550
buy from pawn shops, everywhere else you will pay 200% premium minimum
of course at the pawn shop they will try to screw you too but atleast they dont have the dumbest of the dumb as a customer so if they want to sell you may negotiate something reasonable

>> No.19713782

>>19713550
Find a smelter and have them make you a ring from your own gold.

>> No.19714523

Do pre-1933 gold U.S. coins go clink? Looking at double eagles.

>> No.19714820
File: 247 KB, 1088x947, 20200614_111659.jpg [View same] [iqdb] [saucenao] [google]
19714820

I'm getting a big LINK cube made of platinum after I've made it

>> No.19714873

>>19714820
then only thing you'll have made is peepee and poopoo in your pants after realizing you own real and digital shitcoins

>> No.19714950

>buy pm
>claim it's a hedge against a market crash
>really just like shiny boomer rocks stamped into discs

>> No.19715016
File: 312 KB, 1560x720, Screenshot_20200614-122358_YouTube.jpg [View same] [iqdb] [saucenao] [google]
19715016

A bizanon told me atlantis report is correct but dramatic. Will pic related be a reality?

>> No.19715026

Platinum is a terrible investment, but I'd love to own some, because of how rare and indestructable it is.

>> No.19715154
File: 3.71 MB, 3880x2508, stack_march_2020.jpg [View same] [iqdb] [saucenao] [google]
19715154

I have 750oz silver, 8oz gold, $10k in gold/silver miners, but only 1oz platinum. Why should I buy more platinum?

>> No.19715157

>>19712629
previous >>19703261

Additional /pmg/ resources and info--
https://pastebin.com/8HW6EdGt

FWTDHWAHQUD status--} doing kegels

Please remember to remove "[embed" when you copypaste, otherwise they stack up...

What are you guys even doing?

>> No.19715187

>>19715016
How would anyone here know? Crystal balls aren't real anon.

>> No.19715211
File: 593 KB, 864x1984, 90-Percent-Silver-Coin-Types-Chart.jpg [View same] [iqdb] [saucenao] [google]
19715211

>> No.19715317
File: 238 KB, 1200x900, Royal-Mint-in-Llantrisant-opens-its-new-visitor-centre-The-Royal-Mint-Experience.jpg [View same] [iqdb] [saucenao] [google]
19715317

>>19715154
You shouldn't.
Buy a good quality safe and a mediocre safe as a decoy.
Or buy a year's worth of beans and rice.
Or buy a starter aquaponics setup.
Or buy some solar panels and batteries controller etc.
Or use your 2nd amendment while you still can.
Or just buy more silver or gold.

>> No.19715345

>>19715187
Dunno senpai. Chang selling US debt. Just thought the financial artists would have insight.

>> No.19715446

>>19715154
because you feel like gambling? Dunno

>> No.19715495

>>19715317
Ya I'm with this post. I bought an ounce of plat but I think I'd have been better off with more gold or silver. Your stack is 10x my stack tho so I'm sure whatever you do youre miles ahead of most lol.

>> No.19715825

>>19714820
>pick the worst of the scamcoins
>pick the worst of the scametals
>when silver exist and is the opportunity of a lifetime
Congrats, you are the ultimate brainlet.
Please tell us what else you are investing in, i want to laugh at you.

>> No.19716178

>>19715345
>Chang selling US debt
A drop of water in the current inflationary period and massive debt

>> No.19716288

It may moon if the world adopts the hydrogen fuel cell.

>> No.19716348
File: 77 KB, 350x1050, 1409359891705.jpg [View same] [iqdb] [saucenao] [google]
19716348

>>19716288
Didn't hydrogen fuel technology fail because they exploded if you looked at it a bit wrong?

>> No.19716491

>>19716348
i am pretty sure its because its not really 100% safe for vehicles, manufacturers kept having issues with fuel cell failures in crash tests. Thats my understanding though could be totally wrong.

>> No.19716518

>>19716348
I think it was more of the safety issues during an accident. Could go boom or all that gas could go to hydrogen heaven.

>> No.19716967

just purchased another monthly tube of silver phillys

>> No.19717236

>>19714950
>don't like pms
>go to /pmg/ to bitch
>one post by this id
>be gay
>be you

>> No.19717313

>>19715317
This, or buy a gun and 1000 rds

>> No.19717399

>>19715154
mirin

>> No.19717406
File: 101 KB, 1204x677, 20200614_201624.jpg [View same] [iqdb] [saucenao] [google]
19717406

Today, I will post my stack.

>> No.19717644

>>19716967

why that specific design?

>> No.19717811

>>19717406
I like the golden kangaroos. You don't like bars or something? I would suggest getting more silver because of muh g/s ratio but pretty solid nonetheless

>> No.19717853
File: 15 KB, 350x350, Perth-Mint-1oz-Gold-Bar-Reverse-SideView-L.jpg [View same] [iqdb] [saucenao] [google]
19717853

>>19717811
I like poured and stamped bars such as pic related. I plan to get larger silver ones eventually and hopefully the poured perths but not now.

>> No.19717950

>>19717644
they are the cheapest and also the only 1-oz silver bullion coins available at my dealer right now

>> No.19717972

>>19717644
>the only 1-oz silver bullion coins available at my dealer right now
except for kangaroos

>> No.19718317
File: 3.01 MB, 4032x1960, 20200602_225146.jpg [View same] [iqdb] [saucenao] [google]
19718317

Got 20k to add to stack. Don't think gold is ready for full moon yet, so don't really want to add there. Got 600+oz silver, 7 oz gold 5 oz Plat... Kind of want a 2017 and 2019 Plat eagle for my kids birth year. Also any interesting 1917 or 1919 coins (even gold since it's sentimental) stack it all in silver or gamble with more Plat?

>> No.19718342

>>19716348
It's way too early for hydrogen. Look how long it took the EV to get some space in the market. Clear pump and dump. Tech may reach there in 20+ years, but the company to back probably doesn't exist yet. And there's next to 0 infrastructure for refueling. NKLA is zoomer and millenial first time investor bait, exactly like marijuana stocks. So retarded.

>> No.19718386

>>19718317
you need one gold vreneli swiss 20 francs

>> No.19718515

>>19716491
I don't see why you would take an EV, and put a hydrogen generator on it. Electricity is everywhere, just makes more sense in terms of cost and availability for EVs, once solid state batteries come out too, they will be as inexpensive as gas cars, not to mention safer, and the ability for self-driving capability.

>> No.19718873

>>19717853
Very nice, I love the poured aesthetic.
>>19718317
This is a make it stack, don't know any particular 17 or 19 coins. I say go 15k silver in eagles or big bars for less premium, and 5k in gold/silver mining stocks if you want to gamble as they will likely moon if the metals themselves rise in price and you'll most likely see bigger returns than the physical but then again,you can't fondle stocks.

>> No.19718945 [DELETED] 
File: 3.83 MB, 4032x3024, A1E865AB-F294-42C9-A59C-74E7053F4503.jpg [View same] [iqdb] [saucenao] [google]
19718945

>>19718873
Rate my stack. Will I make it?

>> No.19718995

>>19718945
>fat
>dick so small it can hide behind a single bar
>careless handling of own PMs
never gonna make it

>> No.19719051

>>19718995
That’s a 100 ounce bar

>> No.19719131

>>19719051
My dick is 1 inch long but it's so wide I need 2 100 oz bars

>> No.19719361

>>19718945

you will be one of the first strung up. you are fat and not white

>> No.19719369

>>19718945
Eat at a deficit, workout, and get some ASEs and you'll make it, maybe another 100oz bar

>> No.19719599

I just found out I was overcharged $10 on my latest trip to the coin shop, Not sure how to feel about it though, most of what I purchased was below spot.

>> No.19719613

Since everyone is talking about Platinum in here, should I actually get some or is it a meme? I have 250 oz of Silver, 5 oz Gold, some Palladium, but no Plat.

>> No.19719702

>>19719613
It's a meme. Platinum has never really been monetized and its price is driven by the demand for cars.

>> No.19719836

Best size gold to get? I want to get a 1 oz coin or bar but I think maybe I should get a tube of 1/10 oz coins or something, I know the premium is higher but is one more liquid then the other?

>> No.19719892

Lowest premium site to buy silver in UK? BullionByPost premiums are ridiculous.

>> No.19719953

>>19719599
If intentional, kinda shitty but ultimately not worth ruining or souring relations over

>> No.19719977
File: 3.24 MB, 4608x3456, IMG140310061.jpg [View same] [iqdb] [saucenao] [google]
19719977

>>19719599
it's just $10 anon, we're here for the long run and you know what will eventually happen
>>19719613
it's a meme gamble, platinum is worthwhile in Tibia
>>19719836
1oz or 1/2oz, anything less will net you a considerable loss
>>19719892
not from UK but I've found coininvest to have decent deals

>> No.19720089

>>19718873
Thanks.... I have separate money for stonks. I'm hearing 15k silver, 5k platinum.

>> No.19720117

>>19719953
>>19719977
I guess I shouldn't care, this sort of thing is bound to happen every now and then with larger purchases and even with the overcharge, I still paid a decent price.

>> No.19720180

>>19720117
Where'd you find spot?

>> No.19720250

>>19712629
The one and only thing that makes me longterm bullish on platinum is the fact that it's used in industrial chemistry, rocketry, automotive, and now fuel cells.

are there any other non-jewellery uses of platinum?

>> No.19720251

>>19720180
A coin store near me sells Canadian junk silver for $1 below spot.

>> No.19720272

>>19720117
This, my recent trip I got some really nice stuff for pretty cheap, not spot but close or really good deal.

Other than the random small constitutional I got
> 2015 1/2oz leaf eagle in immaculate shape for 12
> some Morgan’s and a peace dollar that looks like a burnt chicken nugget (more on that later)
>and a 2016 Pegasus in an airtight for 20$ in a generic bin (like 35 on eBay)

>> No.19720281

>>19720250
I think it has some medical applications.

>> No.19720346

Platinum has a lot of medical applications. It is far from a meme and ridiculously undervalued atm. Look for it to break $2k within 5 years.

>> No.19720453

>>19719892
From what I've looked into bullionbypost is the cheapest you can go unless you want to go through each online UK vendor and check their sales + minimum shipping requirements. My suggestion is saving up and buying the cheapest ounces even if grade B in multiples and take advantage of lower premiums in total and get the free shipping bonus from bullionbypost.

>> No.19720494

>>19718945
bearish for PMs

>> No.19720531

>>19720281
My dad's on Chemo and it contains platinum.

>> No.19720587

>>19720531
Is there anyway you can syphon some of it out of his chemo and cast it?

>> No.19720604

>>19719977
>>19720453

Coininvest has the 1oz Britannia £76 cheaper than BBP. Shipping £12. Seems like a good price. Is it legit - anyone used them? Is the shipping insured?

>> No.19720613

>>19720587
>siphoning your dad's chemo for PMs
You're the little shit that stole his aunt's earrings, aren't you?

>> No.19720679
File: 156 KB, 1280x960, photo_2020-05-03_23-13-16.jpg [View same] [iqdb] [saucenao] [google]
19720679

>>19712629
Its about time platinum got the respect it deserves

>> No.19720680

>>19715154
Which miners do you have? I have some but want to compare before I put another 5k in

>> No.19720682

>>19720604
I used it, the krauts are OK. They insure the package for the worth of its content. They keep saying everywhere "please refrain from sending us e-mail asking about your order" which may seem scammy, but I got my package ahead of schedule, all good. Up to 48h after wire transfer they send you a confirmation they received it. Then you get a tracking code, they use UPS

>> No.19720683

>>19720587
based and shekel pilled

>> No.19720711
File: 952 KB, 3218x1839, IMG20200524182129.jpg [View same] [iqdb] [saucenao] [google]
19720711

>>19717853
I like them too ;)

>> No.19720746

>>19720604
Aw shieet, I'll use this next time.

>>19720711
Yeah, I'm planning to make my partner buy me Aussie gold and silver to eventually mail me in the future.

>> No.19720783

>>19720089
If you already got stonks covered then I would suggest all silver as I don't know too much about platinum to make any sort of arguments for or against and I think even having the amount of plat that you do already is good enough. Also look into getting a firearm if you don't already in order to protect your stack with some of that money
>>19720346
Maybe this guy knows whats up

>> No.19720803

>>19719361
I’m polish faggot

>> No.19720808

>>19720613
imagine murdering your dad for .1grams of plat

>> No.19720821

>>19719369
I was at 210. In 163 there. Most 50 pounds cuz was having issues with thyroid all better now thanks to trauma release exercises

>> No.19720851

>>19720531
your dad is going to make it

>> No.19720926

>>19720851
He did, thanks - he's in remission. He went from stage 4 to full remission in 3 years. They have him on this special chemo now to help his body keep it at bay.

>> No.19720959

>>19713550
Etsy

>> No.19721000

>>19720808
He can buy more platinum with his dad’s inheritance retard

>> No.19721069

>>19720821
Good to hear, gotta keep at it though, what's the use of making it if you die early because of being unhealthy.
>>19720926
Nice, hopefully he lives a long time fren, gotta make sure you call every now and then.
>>19720679
ID:FaG lol

>> No.19721081

>>19720926
Your dad thinks phils look gay

>> No.19721096

>>19719892
Coinsuk

>> No.19721116

>>19721081
Your dad IS gay. Go steal the platinum cock ring he keeps for "Uncle Steve" and fuck off.

>> No.19721244

>>19721116
What is wrong with you? Do you have to constantly shit up every thread with gay scenarios? Go take bareba... I mean goldback pics with your stuffie.

>> No.19721284

>>19721244
>What is wrong with you?
Says the faggot who spit-shines his dad's butt plug.

>> No.19721310

>>19721284
Freak

>> No.19721339

>>19721310
Cunt

>> No.19721639

>>19720679
dude platinum mooned years ago, and I don't see any large pumps for plat during this next inflation/recession period. now 10 yrs down the road we could definitely see another moon...

>> No.19721661
File: 950 KB, 1512x2016, Stack.jpg [View same] [iqdb] [saucenao] [google]
19721661

More gold or should I stick with silver? How many ounces silver versus gold does /pmg/ recommend?

>> No.19721756

>>19721661

more gold

>> No.19721757

>>19721661
10 oz gold bar?

>> No.19721760

>>19721661
Based bar stack. Try and keep a 1:100 ratio.

>> No.19721786
File: 356 KB, 799x441, booo.png [View same] [iqdb] [saucenao] [google]
19721786

>>19721081
>>19721116
>>19721244
>>19721284
>>19721310
>>19721339
/pmg/ is the only comfy thread here don't do this

>> No.19721807

>>19721757
Nah, just one ounce gold bar. I have 250oz silver and 1oz gold.

>> No.19721857

>>19721807
I didn't look close enough, thought the little bars were 10 oz. Also, more silver, trade for gold later imo. Gold is the only pm that looks overpriced right now. I expect it back to 1200-1000. I don't think this is the end of fiat.... Yet.

>> No.19721925

>>19721786
I’m mr krabs

>> No.19721932

>>19721925
I'm probably Squidward

>> No.19721971

Any good documentaries about minting or bullion?

>> No.19722199

>>19721971
https://youtu.be/rXrA58CSGbk
https://youtu.be/LwCkSjG4ZQE
Here's a two-part documentary about the History of Gold. Worth watching if have a couple of hours of free time.

>> No.19722243

>>19722199
there was an amazing documentary done by Nat Geo before they went to shit called "the hidden history of gold" from around 2008 that looked into famous gold robberies like Brinx Mat that I ve been looking for years but it seems to no longer exist. Anyone on here know where I should look?

>> No.19722244

>>19721857
How long until it drops, though? Should I hold tight for a year with what I have hoping it drops or stack more silver until the price comes down?

>> No.19722334

>>19718945
just gtfo you weirdo sicko

>> No.19722395

>>19722244
I think 2 years or so until gold is down there... I'm stacking silver and Plat.

>> No.19722402

>>19715016
That will never be a reality.

>> No.19722425

>>19722243
Saw it on DVD but couldn't find any immediate links to an online version.

>> No.19722448

>>19722425
been looking for ages for that documentary because it looked into a lot of different / uncomfortable historic topics that docs dont normally follow. it was a masterpiece, too bad it seems to have disappeared.

>> No.19722906

>>19722402
never say never. look at all the clown world (ver. 6.3) batshit going on

they're about to ignite a full blown flat out race war with this bullshit.
and almost none of what they are pretending to be protesting over is even real. but they're out there in the streets, looting, burning, rioting over it and would kill you if they had the chance

wait till some real shit actually happens
and people have real shit to fight each other for

>> No.19723104

I have 150oz of silver and 1.25oz of gold
>should i buy more gold or silver?

>> No.19723146

>>19722243

its called the secret history of gold, season 4, episode 23 of national geographic explorer.

>> No.19723149

So you guys were saying Scottsdale takes forever to ship, what generally takes the least amount of time to ship in America?

>> No.19723158

>>19723104
See
>>19722395

>> No.19723191

>>19723158
why would gold go down but silver&plat go up?

>> No.19723357

>>19712917
What the fuck anon. I live in stuart. This is surreal.

>> No.19723446

>>19723146
it was a series? i dont know that, thanks i ll have a look!

>> No.19723512
File: 1.03 MB, 1366x768, Screenshot 2020-03-07 at 7.44.07 AM.png [View same] [iqdb] [saucenao] [google]
19723512

>>19723357
>when u dox urself on /biz

>> No.19723518

LCS lowest price on eagles is 26, cheapest online price is 25, blackpilled again

>> No.19723573

>>19712629
what the fuck op. I have a clear coin holder just like that. this is so surreal

>> No.19723605

>>19722243
>>19723146
>>19723446
It looks like you should be able to buy it on amazon.

>> No.19723610

>>19723357
>>19723573
Have I just witnessed the birth of a new meme?

>> No.19723613

>>19723518

a buck a coin when you can get them right away is worth it.

>> No.19723614

>>19723573
>tfw traded in my 150oz of various rounds,coins and bars for gold, then traded back for eagles

>> No.19723628

>>19723613
you're right, just sucks paying 500 for a tube when a few months ago i got them for around 350. Gonna keep saving and snag a few more shortly

>> No.19723632

>>19723605
excellent i ll have a look in a bit! been looking for ages.

>> No.19723695

>>19723610
in all seriousness, i'm pretty sure i spawned a meme once.
it was years ago, but i was the first one to say
" opinion *discarded* "

instead of "opinion disregarded"

took off overnite and by the very next day, everyone was saying it that way

>> No.19723713

>>19723695

that is so surreal

>> No.19723734
File: 383 KB, 768x720, 1569565741924.png [View same] [iqdb] [saucenao] [google]
19723734

>>19723713

>> No.19723938

>>19723357
If this is legitimate Hi. I went to stuart shooting center today

>> No.19724176

>>19723713
What the fuck anon

>> No.19724189

>>19723695
that is soreal

>> No.19724230

>>19722334
Hahahahahah

>> No.19724285

>>19723695
I coined the term “cope tubes” in reference to the Russian s400

>> No.19724344

>>19723149
JM is pretty fast. My last little order of phils and a 20 corona was placed at 3AM, cleared by 6AM, shipped at 3PM and got to me in standard shipping 3 days later.

>> No.19724365

>>19720251
It's 80% right? I know nothing about candian coins are the dates pretty much just like American junk silver?

>> No.19724405

Would it be advisable to buy mining stocks right now? Recently I purchased some

Hecla Mining
First Majestic
Golden Minerals Co
Skeena Resources
Pure Gold Mining
Pretium Resources


I was thinking also Seabridge and Artemis. What do you guys think? What miners do you own or are looking at yourself?

I want to pick up a few more.

Anons suggested these:

ALB for Lithium
Ascot Resources by Panman I think

>> No.19724448

>>19723149
JM or MoneyMetals

>> No.19724467

>>19723191
Right now even despite the premiums bullshit silver is way more undervalued than gold, gold for all intents and purposes is at ~1900/oz (what you'll realistically pay for it) even factoring in inflation it could drop to 13-1500 atleast and then your just playing the GSR, and even if gold doesn't drop you can get silver now and wait for another $50/oz time like 2011 and trade for gold then

>> No.19724489

>>19724405
be careful with Ascot Resources, they want to reopen their Premier Mine property but it all hinges on their feasibility study. If that goes south than their stock will drop without more outside investment.

>> No.19724541

>>19724489
When does their report come out?

>> No.19724552

>>19724541
i think its delayed due to covid, they cant bring people into their camp through Stewart BC until this has all calmed down.

>> No.19724555

>>19724344
>>19724448
Cool. Thanks Anons

>> No.19724611

>>19723938
Fuck that place. Lotus for shooting. American defense for purchases.

>> No.19724815

>>19723191
As long as markets are still heavily leveraged it's all what the big boys want. The fundamentals can be ignored for a long time. It's just the trade I see happening.

>> No.19725229

Does anyone know if Scottsdale Mint makes their Gold and Silver bars all in the USA with the metal sourced from here as well? I notice a couple of their Gold bars are in partnership with a Swiss brand.

>> No.19725937

Anyone here store at one of those bullion places?

>> No.19726021

>it's gonna be another "paper gold and silver prices tank due to margin calls but premiums only go up up up episode" today

>> No.19726038

>>19726021
did premiums rise?

>> No.19726059

>>19726021
You can thank the lazy retarded mints for that.

>> No.19726107
File: 138 KB, 382x349, 1592086756724.png [View same] [iqdb] [saucenao] [google]
19726107

>>19712629

Why dont you faggots accept that metals are dead desu. Didnt you hear about asteroid mining?
I'd be seeling my shit in thie investment area as soon as Elon begins to talk about shit like that

>> No.19726291

>>19726107
buddy if we could be cheaply mining asteroids I would be already up there pounding in claim posts on Apophis as it flew by. Its not happening for a long time.

>> No.19726486
File: 154 KB, 1440x810, 1592022882469.jpg [View same] [iqdb] [saucenao] [google]
19726486

>> No.19726672

Why is gold and silver dropping hard again?

>> No.19726753

>>19726107
You probably don't even have a silver nickel to your name.

>> No.19726856

>>19726672
https://www.cnn.com/2020/06/14/investing/global-stocks/index.html everything is down

>> No.19726893

>>19726107
WTF is this stupid meme

>> No.19726956
File: 1.35 MB, 1920x1080, PM fud - its all so tiresome.png [View same] [iqdb] [saucenao] [google]
19726956

>>19726107
>>19726486
Wow, would you look at that, 2 tired as shit PM FUD posts from two different IDs within 18 seconds of each other.

When we're done cleaning up America, we're going to kill everything more advanced than multicellular fungus in south Asia, just so you know.

>> No.19727210
File: 728 KB, 1017x761, 1241234132.png [View same] [iqdb] [saucenao] [google]
19727210

>>19726956
they honestly believe we are gonna be mining asteroids in the next 20 years. we can barely get back to the moon but we are gonna have manned missions to asteroids and bring back trillions of dollars worth of Gold and other PM's. Sure thing!

>> No.19727476

>>19727210
They belive in the blatantly fake moon landings and Elon Musks single engine rocket that is able to land on a platform in the middle of the ocean where the camera conveniently malfunctions as it does so.

>> No.19727542

>>19726672
Paper price is gonna crash hard during the next leg down in the stock market due to people liquidating positions to meet margin calls. This will probably be the last dip buying opportunity before moon mission.

>> No.19727618

>>19726956
Sadly the FUD is effective on most people I think. I know, because it worked on me, which is why I'm only a pathetic stacklet when I could have spent the last decade getting ready.

The greatest FUD is the theft risk FUD, followed by the "commodity price instability" FUD and the fear of missing out FUD (shitcoins), you also have the FUD aimed at boomers (only trust stocks, you need cash, invest in a 401K, invest in real estate and rent) etc. There are so many different strains of FUD going around.

>> No.19727619

>>19727542
Should I bust a real hard nut and go all in on gold for my next purchase or still go full silver for that sweet 10000000000000x inter-dimensional cosmic spiritual warfare silver mission?

Also would it be good to buy miners, even if stock markets collapse along with the USD, people need metal.So they may go down hard but will then blow up no?

>> No.19727705

>>19727619
Continue with silver, the growth potential is so insane.

>> No.19728147

>>19726107
we won't see asteroid mining in our lifetimes.

>> No.19728338

IT KEEPS DROPPING

>> No.19728426

>>19724611
How do you like rare anchor coin?

>> No.19728432

>>19726672
while paper prices are down, premiums are up in my country cancelling out the dip. typical

>> No.19728904

>>19716348
Hydrogen gas is impractical to store for long periods - it takes up tons of space and it leaks. Until that's solved, or hydrogen fuel cells become more practical, its a no go.

>> No.19729580

/pmg/ just ain’t what it used to be. Did the magic wear off?

>> No.19729670

>>19715154
Buy palladium retard

>> No.19729701

>>19715317
Retards will trade gold and silver for water and ammunition a few months after shtf
They'll do this because they will convince themselves that society will return to normal and that they're scamming you
Why doesn't anyone understand this?

>> No.19729712

>>19715825
>silver is the opportunity of a life time
Explain this please
Newfag here

>> No.19729825
File: 134 KB, 2560x1440, firstmajestic2001.png [View same] [iqdb] [saucenao] [google]
19729825

>>19729712

If you bought First Majestic Silver or many of the other mid-tier silver miners at the beginning of the last PM bull-market (2001-2011), you turned $100,000 into 11 million dollars.

If we get a crash in the miners over the coming days, I hope that people will avail themselves of the opportunity to buy them. I'm still sitting in a 33% cash position and, once we reach the bottom, I will purchase every junior silver miner I can get my hands on.

>>19719892
>>19720453

BullionByPost definitely isn't the least expensive. It's the most expensive from my experience. Look into Chards, Atkinson, Bleyer, Baird, etc. They sell Britannia coins about £100 more cheaply.

>> No.19729836

What's the bear case for gold?

>> No.19729958 [DELETED] 

>>19729836

At this point, the only thing that could make gold go down is if the bankers really do have absolute manipulation over the markets.

1) Stocks have never been so overpriced, and are so volatile that they could crash at any time.

2) Houses are still 8x earnings.

3) Commodities have never been so overvalued.

4) The price of gold is inversely correlated with real yields, and real yields are negative.

5) There is extreme political uncertainty in the world (China, Hong Kong, Iran, rioting in Western countries, the U. S. election.)

6) Levels of debt held by Western countries make a currency reset look imminent.

If we get a stock-market crash soon, gold might dip in the short-term, but, once they institute YCC to prop it back up, junior silver miners might go 6x by the end of the year, according to David Brady.

>> No.19729970

my friend recently bought into silver and every time premium and spot have fallen the next day
fucking hell i'm starting to sweat profusely over having talked him into buying PMs but in the long run i guess it won't matter

>> No.19729978

>>19729836

At this point, the only thing that could make gold go down is if the bankers really do have absolute manipulation over the markets.

1) Stocks have never been so overpriced, and are so volatile that they could crash at any time.

2) Houses are still 8x earnings.

3) Commodities have never been so undervalued.

4) The price of gold is inversely correlated with real yields, and real yields are negative.

5) There is extreme political uncertainty in the world (China, Hong Kong, Iran, rioting in Western countries, the U. S. election.)

6) Levels of debt held by Western countries make a currency reset look imminent; even a small spike in yields might cause the whole system to tumble down.

If we get a stock-market crash soon, gold might dip in the short-term, but, once they institute YCC to prop it back up, junior silver miners might go up 6x by the end of the year, according to David Brady.

>> No.19729984

>>19728426
Never been, is it any good? Where is it?

>> No.19729992

>>19720346
What chemical/physical properties does platinum have that palladium doesn't that makes platinum more suited for these applications?

>> No.19730030

>>19729825
Are you talking about buying stock in silver mining companies?
I was talking about buying silver itself
Any reason to buy silver over other PMs at the time? besides affordability of course

>> No.19730089

>>19729984
It’s great. I picked up lots of silver for $1 over spot in early march. Bought a 1/10 oz gold eagle from them for $203 OTD last week. They’re located on federal. In the shopping center with west marine, toojays, and the movie theater. They are closed on mondays though

>> No.19730091

>>19723695
Yeah I created "antshares vibes". So surreal.

>> No.19730106

>>19730030

Miners are leveraged ways to invest in metals, and junior miners are leveraged ways to invest in miners. So to give you an idea:

From 2001-2011,

Silver went from $5 to $50 (10x gains).

Pan American Silver (a top-tier miner) went up 15x.

First Majestic Silver (a mid-tier silver miner) went up 100x.

Junior miners, for me, are why this next silver bull market is going to be the opportunity of a lifetime.

>> No.19730222

Sending a Father’s Day card from Florida to New Jersey. Does anyone know how many stamps it takes to send a card with a 1 ounce coin in it?

>> No.19730260

>>19730106
what are your top junior minors to watch for? I know Majestic Silver has been talked about.

>> No.19730292

>>19730260

a stamp covers one ounce. so two?

>> No.19730327

>>19730260

Everything in SIL and SILJ. Either buy the ETFs or get most any of the companies. I especially recommend First Majestic, Fortuna Silver Mines, Hochschild Mining, Mag Silver Corp, Silvercrest Metals.

>> No.19730336

>my friend recently bought into silver and every time premium and spot have fallen the next day
fucking hell i'm starting to sweat profusely over having talked him into buying PMs but in the long run i guess it won't matter
r-right guys?

>> No.19730341

>>19730292
Thank you.

>> No.19730389

>>19730106
List of mid-tier silver miners? Help a brother out.

>> No.19730464

>>19730336

Make sure that you convince him of the fundamentals so that he doesn't panic-sell and lock in his losses. Explain that the bankers either print tens of trillions to institute YCC soon, or this market is going to crash; not enough liquidity. Yields can't go to even 1% at this point without causing stocks to collapse.

David Brady is saying that there will probably be a pullback in metals soon along with the general stock-market crash; then the Fed will institute YCC to halt the crash; and it is at that point that precious metals will go to unprecedented heights.

https://www.sprottmoney.com/Blog/fed-tapers-liquidity-raising-the-risk-of-further-downside-david-brady-june-4-2020.html

"Remember, when nominal bond yields are capped and real yields peak and fall, look out above in precious metals and miners. Remain patient until then."

https://twitter.com/GlobalProTrader/status/1268933209649295361

"10Y up another 13% this morning as stocks surge higher. 10Y now at its highest yield since March. All driven by #Fed tapering its liquidity injections. Watch for the coming peak in stocks and the Fed formally capping yields, soon after PMs and miners will explode higher."

https://twitter.com/GlobalProTrader/status/1268901200235282435

>> No.19730466

>>19730222
Get it weighed properly at the post office. If you put a forever stamp on it which it's good up to an ounce I think it might be overweight and they'll send it back

>> No.19730491

>>19730389

See >>19730327

SILJ is your safest bet, but I've given a few companies which I like. All those companies are in SILJ at any rate.

>> No.19730610

>>19730491
I would prefer an ETF fund to individual stocks. Is there a UK equiv of SILJ?

>> No.19730722

>>19730464
Can anyone explain to a tard why this scenario would play out and how much silver would be enough to get a decent pay out?

I just got into PMs and don't even have 100 ozt collectively. Am I a lost cause?

>> No.19730883 [DELETED] 

>>19730722

I explained it in-depth in this thread here: >19669109. My id is 951R9mR.

You can use previous bull-markets as a useful measuring-stick. Possible 10x gains for silver, possible 15x gains for large miners, possible 100x gains for mid- and small- cap miners.

>> No.19730884

>>19723695
I created

"Sources: "Dude trust me""

When I was arguing with someone on /k/ about sub2000 life expectancy.

>> No.19730917

>>19730722

I explained it in-depth in this thread here: >>19669109. My id is 951R9mR, just search for it with Ctrl + F.

You can use previous bull-markets as a useful measuring-stick. Possible 10x gains for silver, possible 15x gains for large miners, possible 100x gains for mid- and small- cap miners.

>>19730610

If your broker doesn't have SIL or SILJ, just buy the biggest companies in it, like the ones which I mentioned. You can find the holdings simply by googling; e. g. SILJ:

https://etfmg.com/funds/silj/

Pan American 14.77%, Hecla Mining 11.51%, First Majestic 10%, Coeur Mining 8.2%, Hochschild Mining 5%, Silvercrest Metals 5%, SSR Mining 5%, MAG Silver 5%, etc.

>> No.19730975

>>19712629
Now that gold and silver have topped, what's the next boomer investment?

>> No.19731115

>>19730975
Stamps.

Once USPS goes under, there will be a huge rush of collectors all wanting stamps to buy and sell.

>> No.19731130
File: 231 KB, 315x354, 1576645294603.png [View same] [iqdb] [saucenao] [google]
19731130

Also, realistically, how much do I have on my hands here?

>> No.19731166

>>19731130

5.99 with free shipping on amazon

>> No.19731458

Got a live one
>>45433085
>>45433085
>>45433085

>> No.19731466

>>19731458
>>>45433085

>> No.19731676

>>19724365
Yes, everything before 1968 should be 80% for Canadian coins. Some quarters from 1967 and 1968 are 50% silver, but those are usually separated from the 80% when you buy.

>> No.19731680

>>19731458
>>19731466
Just a retard on /k/ talking about barter economies again

>> No.19731849

Welp I'm offically done with unviersity and in the wild world, just waiting for graduation (god knows when) and I got this new aprtment I was after. so to celebrate I bought my first silver oz coin.
Feels nice. God I hope I didn't leave it too late to start investing in this stuff

>> No.19732606

>>19731849

pics?

>> No.19732716

>>19732606
not arrived yet, I only ordered it a few hours ago, but I'm taking one as soon as it arrives, which if I read somewhere correctly within 3 days.

>> No.19733041

>>19724448
what the fuck anon i also use JM and MoneyMetals

>> No.19733059
File: 154 KB, 720x960, B1B4CC50-5048-44DC-A857-38655174DC5A.jpg [View same] [iqdb] [saucenao] [google]
19733059

Will I make it?

>> No.19733084

>>19733059
Yes
get some silver

>> No.19733085
File: 91 KB, 960x1024, 1537029088750.jpg [View same] [iqdb] [saucenao] [google]
19733085

>>19726107
>he thinks space is real

>> No.19733143

>>19733059

pick up some mercs. remember, 1 merc equals one blowjob, so buy as many as you think you'll need.

>> No.19733245

>>19733059
You made it.

>> No.19733262

>>19733059
There’s barely $90,000 there

>> No.19733472
File: 62 KB, 700x477, platinum.png [View same] [iqdb] [saucenao] [google]
19733472

>>19712629
I'll keep posting these charts in every silver-, copper-, platinum-, whatever-bagholder thread.

These are industrial metals and they are all in a at least decades, if not centuries bear market against gold. Why compare to gold? Because all the disadvantages are the same (storage, verification, transportation,...).

You guys have to grasp the concept of hardness and stock-to-flow.

Either read up on Austrian Economics or simply take it from this post on faith: stop buying industrial metal.

Btw, gold is in the process of being demonetized by an even harder money: bitcoin.

You have been warned.

>> No.19733501

>>19720250
You are very bad at economics and you will lose a lot of money because of it. Industrial application means NOTHING in terms of monetary value.

Oil has all industrial use cases you could wish for, and how has the price of oil been against gold or even the USD?

This is a similar fallacy that application-token shitcoiners fall for.

>> No.19733571

>>19718873
Nice

>> No.19733580
File: 161 KB, 1690x950, commodities.png [View same] [iqdb] [saucenao] [google]
19733580

>>19733472

This is a chart from 2011-2020, so it isn't meaningful. You are not taking account of cycles. You are isolating a bear-market, when silver really thrives in precious metals bull markets. See 1970-1980 and 2001-2011. The rationale behind silver's going up is obvious. There will come a time when gold seems too expensive for the average man; and, instead of taking one gold coin, he will take sixty silver coins instead.

Again, Dominic Frisby, a economist who writes for MoneyWeek, is investing in copper right now, even though he is one of the greatest gold bulls out there. Commodities in general are at an all-time low. You buy things when they are undervalued, not when they are overvalued.

>> No.19733635

>>19733059

Nigga I got some 1oz bars.

Want to trade for coins.

Hit me up.

>> No.19733665

>>19733580
>There will come a time when gold seems too expensive for the average man; and, instead of taking one gold coin, he will take sixty silver coins instead.

If you think that unit-bias by low-networth individuals will save your ass, I've got bad news for you: it won't.

>> No.19733704

>>19733059
holy crap that looks nice

>> No.19733780

>>19733665
What are your arguments against the gold silver ratio in both fiat value and mining? If it's such a shit investment why is Buffet holding a billion in silver and JPM manipulating the market and holding physical?

>> No.19733832

>>19733665

I just described to you exactly how it worked in the last two bull markets. There is no reason to think that it won't be the same this time. Besides which, I presume you know that the price of silver has been artificially manipulated by all the major banks for the past eight years. Chris Marcus has proven this in his book "The Big Silver Short," which he spent years researching. They are running for the exits now. The game is up.

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

https://www.youtube.com/watch?v=qyuLXQK944A

>> No.19733895
File: 633 KB, 2625x2274, btcfees.jpg [View same] [iqdb] [saucenao] [google]
19733895

>>19733472

>Btw, gold is in the process of being demonetized by an even harder money: bitcoin.

I just realized that I missed this. I am talking to a BTC fanatic. Cannot comprehend how you think that a fundamentally broken product, controlled by banks, which must rely on second-layer technology to succeed, can ever replace gold. If you are going to speculate on crypto, at least buy something with a real use-case like XMR, not a complete ponzi-scheme. And even then, only put 1% of your money into it.

>> No.19733931

>>19733780
Just to make sure we're talking about the same thing: the silver-to-gold-ratio argument is about as follows: "historically the silver-to-gold-ratio was X and now it's Y (for Y being lower than X), so there's manipulation going on but as soon as that stops, it will readjust to the »natural ratio« of X!"

That's the thing: Silver was a monetary metal. It had a financial premium (price above the demand purely for it's direct use cases; the USD for example has *only* financial premium).

Without financial demand for silver, people stop holding it, which means the stock goes down. With increases in industrial uses, mining will become more efficient, which increases the flow. So stock-to-flow goes down and the price follows.

If people stopped holding gold for financial purpose, it's price probably would crash to $50 an ounce in its process of demonetazation.

Here's the next red pill: Secondary use cases (industrial, ornamental,...) are a DISadvantage for a financial instrument. It increases the desire to create more, while simultaneously decreasing the desire to hold.

>> No.19733995

>>19733895
lol, triggered?

>>19733832
cope

I also have some magic beans to sell you. I dug REALLY deep into the history of magic beans. Corn farmers are artificially holding its value down. Trust me!

>> No.19734010

>>19733895
XMR is unironically what BTC pretends to be.
> More decentralized and ASIC resistant mining/PoW
> Private transactions; not a surveillance coin

>> No.19734051

>>19734010
>>19733895
> muh XMR

People who don't get,t hat hardness and uncensoribility are the name of the game.

ASIC resistance is a meme (if you had theoretical compsci you'd know that) and you can only approximately get that by routinely doing hard-forks, which is an out-of-bounds consensus (i.e. non-native to the network) which demonstrates every time it is done, that this asset can be changed at a whim, which means its hardness is as questionable as its ASIC "resistance".

>> No.19734146
File: 1.54 MB, 700x630, 1592001953322.gif [View same] [iqdb] [saucenao] [google]
19734146

>>19734051
>ASIC resistance is a meme
What? You can tune algos specific for a CPU vs GPU architecture and disincentivize GPUs from pointing their hashing power at XMR. Are you theoretical compsci or a hack? Because the XMR devs are some of the brightest compsci brains on the planet.

>which is an out-of-bounds consensus
The consensus behind XMR is that it SHOULD be asic resistance.

>this asset can be changed at a whim, which means its hardness is as questionable as its ASIC "resistance"
Every digital asset can be changed "on a whim". Look back the last 5 years in crypto and name me ANY project that has been as consistent with it's intent, community, and consensus as XMR

>> No.19734187

>>19733931

>Without financial demand for silver, people stop holding it,

Jeff Clark wrote a very good article recently, speculating that governments may start remonetizing silver in the near-future.

https://goldsilver.com/blog/the-potential-looming-catalyst-for-silver-no-one-sees-coming/

Nor is silver's re-asserting itself as a financial metal, even without governments, difficult to foresee. Why does gold go up? Because real yields go down. Why do people buy gold when real yields go down? To protect their safe-haven money from inflation. Therefore, there is no reason why people should not go into silver for the same purpose, once gold becomes sufficiently expensive. That is the historic trend; and when you take manipulation into account, the argument for silver looks even stronger.

>>19733995

>lol, triggered?

I'm here to talk people into putting their money into the right things, instead of throwing it away on the wrong things.

>>19734010

Thank you, I agree.

>>19734051

Bitcoin isn't uncensorable; it's the most censorable coin in existence, because you can only use it with second-layer technology. If you buy BTC, you are no better than people purchasing stocks at these historically-inflated P. E. ratios. It is about the greater fool theory, nothing more. You are a gambler, not a value-investor. BTC has no future.

>> No.19734277

>>19734146
> Because the XMR devs are some of the brightest compsci brains on the planet.

No, they use lukewarm technology that was rejected to go into bitcoin.

I'm not here to give you a free lecture in theoretical computational science and formal logic, but here's the gist: there are no "algos specific for a CPU or GPU". Every program can be implemented in infinite ways. The point of a CPU is, that it can simulate every possible program and execute it, but that costs speed. A GPU is more special purpose, which gains you speed (but can't compute every possible program). But of course you can always implement every program also directly in hardware (i.e. ASIC). If XMR was to increase in price enough, it would at some point pay to build in silicone whatever algorithm its currently using. Maybe to covertly mine, you don't turn it up too hard, but instead pocket the increased profitability by lowered expenses for electricity.

>The consensus behind XMR is that it SHOULD be asic resistance.

That's not what "consensus" means in this context. Here consensus means, is a state of the network (UTXO set) found, that is compatible with the rules of the network. By definition, this is a closed system with no outside knowledge (i.e. the human-meatspace-world). Everytime you have to find consensus outside of the network, every aspect of it is at jeopardy, because there is, again by definition, no internal mechanism to reach that consensus, you're dealing in meatspace now. (read your Gödel to really grasp this).

> Every digital asset can be changed "on a whim".

A copy of a digital asset is not the digital asset (for example, bitcoin cash is not bitcoin). (Again, read up on formal logic, if you don't grasp this concept)

>> No.19734323
File: 24 KB, 600x623, x7wuDSazMtvmdzo405z3wWtrK6w_lmY3TxmbQGBPxAY.jpg [View same] [iqdb] [saucenao] [google]
19734323

>>19733059
God i wish that was me

>> No.19734364

>>19734187
>because you can only use it with second-layer technology

Who do I believe now? You or my own experience? I have never used (except for experimentation) 2nd layer protocols and I use bitcoin quite a bit.

However, 2nd (and even higher) layer protocols will be the default one day. They are easily self-hosted, however. They are also easily solvency verified.

As long as the laws of physics are what they are, there must always be made a trade-off between on-chain capacity, speed of transactions and ease of verification.

Because hardness and uncensorability are the most important attributes, the design decisions were made as they are. There's no point in having high-speed currency on a shitty money.

Are you guys truly circle-jerking yourself in delusion, that people will use physical precious metal coins in day to day life?

Even in 10 years, when online purchases will be an even larger aspect of commerce?

How do you physical-layer that?

>> No.19734372
File: 98 KB, 800x800, vitalik.jpg [View same] [iqdb] [saucenao] [google]
19734372

>>19734277

>bitcoin cash is not bitcoin

Most people in the crypto community who are not sell-outs to the banks would disagree with you about that.

>> No.19734421

>>19734372
>Most people in the crypto community who are not sell-outs to the banks would disagree with you about that.

> BTC/BCH: "0.024"

Please show me documents revealing banks holding of bitcoin.

And even if that was true, you're not making a good point. Even if it's true that platinum, or silver, or rhodium, or palladium (the fuck, are you going to stack all of that, if not, what are the odds you're picking the winner?) are going to be money of the future: If the banks are backing bitcoin, ride it out and on the top, exchange it all for whatever industrial metal you think is the best.

>> No.19734490

>>19734372
>Most people in the crypto community who are not sell-outs to the banks would disagree with you about that.

Also second point: That's not even an answer to my point. A thing is not the copy of that thing. A "discussion" of what "the real bitcoin" is, does not invalidate that. If we assume that the bcash-retards are right, then there's still only one bitcoin (namely BCH) and its copy is BTC. The thing is still not the copy of the thing.

Are all indudstrial metal stackers brainlets who can't even stomach the law of identity, or is this just bad timing for meß

>> No.19734500

The human body contains a little bit of gold. How can I extract this gold from a corpse? Anyone know? I think gold is mostly in the blood

>> No.19734504

>>19733059
How long you been building that for?

>> No.19734507

>>19734421

>If the banks are backing bitcoin, ride it out

It is not that the banks are backing Bitcoin. It is that the banks are controlling Bitcoin. They have fundamentally hamstringed the code, so that the project can never achieve its true purpose. It has no use-case now. It is nothing more than a ponzi-scheme, to be fobbed off on the gullible, and passed from hand to hand. Bitcoin is now incapable of being money for the world without second-layer solutions, and even those second-layer solutions can only service a minority of the world.

>Please show me documents revealing banks holding of bitcoin.

All you have to do is research the history of Blockstream and the block-size debate. The original developers are gone. They left in disgust. They have nothing to do with BTC any more.

>platinum, or silver, or rhodium, or palladium

I'm in gold and silver. No rhodium or palladium. There is a valid case to be made for platinum, but I am sticking with silver, because I know how manipulated it is. The longer you suppress something, the faster it goes when you are forced to set it free.

>> No.19734570

>>19734507
True, bitcoin is tamed by bigmoney and is fundamentally flawed. It has 0 chance at long term succeess. Any smart person should know this by now, the former core devs know this too. Whales are just milking it for as long as they can. It´s a ponzi now. But this is not a crypto thread

>> No.19734583

>>19734507
Alright, I think everything that can be said, has been said.

> muh blockstream

We are now (and have been since a few posts back) at the point of only conspiracy theories being true making parts of your position valid.

> I'm in gold and silver. No rhodium or palladium. There is a valid case to be made for platinum, but I am sticking with silver, because I know how manipulated it is. The longer you suppress something, the faster it goes when you are forced to set it free.

Conspiracy, mythical stories and arbitrariness. How many Youtube-videos would I have to produce, to convince you, that rhodium and palladium are the best bets, because they have been mined the shortest amount of time, so the evil banks weren't able to corner the markets yet and manipulate the price down, like they do with gold and silver (which is again a conspiracy to keep your worldview intact).

>> No.19734651

>>19734277
You're talking to the biggest Gödel shill on the planet. And you're a retard.

>> No.19734733

>>19734651
> You're talking to the biggest Gödel shill on the planet.

Of course you are.

While I have you, biggest Gödel shill on the planet (whatever that means. Are you selling his texts? Or pictures of him?), nobody has answered this objection yet:

>Are you guys truly circle-jerking yourself in delusion, that people will use physical precious metal coins in day to day life?
>Even in 10 years, when online purchases will be an even larger aspect of commerce?

It seems like 2nd layers are inevitable anyway, why would I not choose the base layer with the highest scarcity, highest stock-to-flow, highest hardness, AND 2nd layer solutions that I can self-custody and/or self-verify?

>> No.19734848

>>19731680
Iike that the supposed barter economy always lasts for the rest of the future after a collapse ffs. Random Greeks and Egyptians were trading in electrum in 4000BC rather than barter, but the US government failing to hand out free tendie bux is going to make things more backwards than they had it.

I'm glad 99% of /k/ is noguns, because holy shit are they too stupid to live.

>> No.19734861

>>19734733
no one cares about bitcoin or monero dude, it´s a niche thing. People in crypto dont care about decentralization or censorship resistance, they care about dollars and lambos. Speculation is the number one usecase of crypto. Proof of work is fundamentally flawed, only idiots haven´t figured it out yet. Only suckers are buying bitcoin to hodl now. It has 0 chance of long term success and this can be proven by simple math. I though crypto guys liked math lmao, well the math proves that btc will fail.

>> No.19734931

>>19715154
I filled my safe with bank bags of pennies to make it weigh a ton. I wonder if someone ever breaks in will they just go nuts and waste time stealing bags of pennies? it is over a thousand bucks but still...

>> No.19734942

>>19734861
Damnit.. I guess you're right. Could you please give a link to said math, though? I'd like to read up on that.

I feel kind of bad now. Didn't mean to be the party pooper. I hope you enjoy your hobby. Over and out. (waiting for the math-link, though)

>> No.19735051

Bitcoins get lost forever every day. Simple math proves that in the end there will only be a few thousand btc left in circulation. A lot of bitcoin will also be locked up in funds like greyscale, which means the owner don´t hold the keys themself, which kinda defeats the purpose of crypto. These factors suggest that bitcoin volume, liquidity and demand for on chain transactions will eventually fall to very low levels. Low volume and liquidity is a death sentence for a speculative asset that people hoard and not use. Combine this with low revenue for miners, because of few on chain transactions and no block rewards, the hash rate will drop, and so will the cost of executing a 51% attack. Bitcoin has literally 0 chance of working long term. 0


>>19734942

>> No.19735072

>>19734942
Analysis. We proceed now with an analysis of the rewards obtained in the transaction fee model by a selfish miner. Parts will look similar to the analysis done in [9]. For every infinitesimally small transaction fee that arrives, we wish to compute the probability that it winds up in a block mined by the selfish miner. Note that if the selfish miner just used default mining instead, this probability would be exactly α. The determining factor in this probability will be the size of the selfish miner’s private chain. To this end, let’s define the following states (same states used in [9]), and we’ll compute this probability separately for each state. • State 0: Everyone agrees on the longest chain — Racingm H = false. • State i > 0: The selfish miner m has a private chain of length i — Privatem = H + i. • State 00 : There are competing blocks of height H, one of which was produced by the selfish miner, and the selfish miner has no private blocks — Racingm H = true and Privatem = H. Let fs denote the probability that a transaction winds up in a block mined by the selfish miner in the eventual longest chain, conditioned on the system being in state s when the transaction is announced. We compute there probabilities below. If we then define ps to be the probability that the system is in state s, we can then observe that the expected fraction of transaction fees claimed by the selfish miner is exactly..........

>> No.19735097

>>19734942

P s fs · ps. Eyal and Sirer [9] have already computed ps for all s. The values for ps are:

p0 = 1 − 2α 2α3 − 4α2 + 1 p00 = (1 − α)(α − 2α 2 ) 2α3 − 4α2 + 1 pi = ( α 1 − α ) i−1 α − 2α 2 2α3 − 4α2 + 1 , i > 0 To complete the analysis, we just need to compute fs for each s. Appendix E contains the derivation of fs for all s, which are stated below: f0 = α 2 + α(1 − α) (α + γ(1 − α)). f00 = α. f1 = α + (1 − α)α = α(2 − α). fi = 1 − ((1 − α) i−1 (1 − f0)). Finally, when α ∈ (0, .5) and γ ∈ [0, 1], we show in the Appendix E that the selfish miner’s rewards are given by Reward(α, γ) = 5α 2 − 12α 3 + 9α 4 − 2α 5 + γ(α − 4α 2 + 6α 3 − 5α 4 + 2α 5 ) 2α3 − 4α2 + 1

https://www.cs.princeton.edu/~arvindn/publications/mining_CCS.pdf

Proves that mining will be close to impossible when block rewards gets phased out.

>> No.19735199
File: 3 KB, 125x109, Do better you fuckstick.jpg [View same] [iqdb] [saucenao] [google]
19735199

>>19734942
Will you fuck off back to your 75 filtered crypto threads already? >>19734861
is correct: It is a tiny fraction that is buying any crypto because they believe in it on a philosophical level, everyone else there is treating it like a commodity that they can speculate on, rather than a new form of money to diversify into. If you've a got a project that you truly believe in, then more power to you, I hope you alone among the crypto posters make it big. But if not, you need to be honest with yourself that you're speculating, which is little more than gambling that many people dumber than you are going to put money into your coin, so that you can sell high and extract value from them.

Had you paid attention to this particular thread, you would have seen a parallel notion in regards to the attitudes toward platinum as only worth picking up as a speculation gamble due to its historically low price in March. But you don't read threads, because that cuts into shitposting time, and reading is hard.

>> No.19735239

>>19735097
Grazie mille, will read.

(altough this is a bit of a dead horse. worst case would be to out-of-bounds emergency fork to 1BTC/block (or whatever is appropriate at the time) blockreward forever. it's not like bitcoin is operated by automatons with no human interest in its longevity. The "lost coins" point is also bit constructed. The amounts lost get smaller and smaller, because people now actually give a fuck and the technology gets better)

>> No.19735269
File: 55 KB, 581x525, 1591322939333.png [View same] [iqdb] [saucenao] [google]
19735269

>>19734733
Not shilling his texts, but actively working on a thesis involving his incompleteness theorems and ZFC. You're applying theoretical mathematics to something physical that will survive in a very physical world (low hardware/mAH cost entry to a fungible current), which is why you're retarded.

>> No.19735298

>>19735269
o a fungible currency*

>> No.19735453

>>19735239
"Unfortunately, there is reason to expect that the demand for transactions will fall to very low levels. People are likely to make use of off-chain transaction mechanisms via trusted third parties, particularly for small amounts, in order to alleviate the need to wait for confirmations. Payment processors may only need to clear with each other infrequently. This scenario is not only economically likely, it seems necessary given the relatively low transaction rate supported by Bitcoin. Since blockchain transaction will have to compete with off-chain transaction, the amount spent on transactions will approach its cost, which, given modern infrastructure, should be close to zero. Attempting to impose minimum transaction fees may only exacerbate the problem and cause users to rely on off-chain transaction more. As the amount paid in transaction fees collapses, so will the miner’s revenues, and so will the cost of executing a 51% attack. To put it in a nutshell, the security of a proofof-work blockchain suffers from a commons problem[9]. Core developer Mike Hearn has suggested the use of special transactions to subsidize mining using a pledge type of fund raising[10]. A robust currency should not need to rely on charity to operate securely."

Proof of work is flawed, and will never work long term. POS is the superior solution. If bitcoin forked to bigger blocks or removed the max cap, than that would completely kill bitcoin. It would no longer be bitcoin. The fact is that transaction costs will trend towards 0 over time. That means big revenue drop for miners, which will reduce security. Less coins being lost, is still coins being lost. Tens of thousands of bitcoins are already lost and this number will only increase with time, reducing liquididty and transactions volume. We are already seeing wrapped bitcoin tokens, which will kill the bitcoin main chain over time.

https://www.bis.org/publ/work765.pdf

>> No.19735457

>>19731115
Delet this

>> No.19735578
File: 14 KB, 400x400, o lawdy Jesus take me.jpg [View same] [iqdb] [saucenao] [google]
19735578

>>19735457
If that happens, I'll be convinced that all PMG posters are stuck in the same ironic hell.
>USD and all fiat crash simultaneously
>Poised to return to a gold/silver standard and reap untold rewards
>People just use government issued stamps as currency
>The simulation throws it in our face by having them also use them to mail letters, so even the argument against silver that it's only industrial don't hold.

Buy high sell low indeed.

>> No.19735761
File: 2.26 MB, 3264x2448, 4L_4Hw2DZ8W.jpg [View same] [iqdb] [saucenao] [google]
19735761

>>19733059
With that much gold, you’ll be set for a mansion filled with as many FWTDHWATQUD’s as you can handle

Good on you, fellow hoarder

>> No.19735775

>>19735453
Thanks. Will read too.

(it is a slight cognitive dissonance, though, that arguments brought against bitcoin/pow by fed sponsored Ivy League academics and literally the enemy itself, BIS, is taken at face value, while simultaneously banks control bitcoin and are not to be trusted. I do appreciate the interaction, though.)

>> No.19735801

>>19735761
weird photo, looks like you have 6 fingers in the thumbnail

>> No.19735830

>>19733059
what is that surface, a countertop or your floor? be careful not to scratch your gold, bucko.

>> No.19736050

>>19727476
>has 9 merlin engines faggot

>> No.19736186

>>19718317
I don’t own gold and silver so excuse my question:
Wouldn’t it made them lose value if u stack them together like pic related, through micro frictions?

>> No.19736435

>>19734583
>Conspiracy, mythical stories and arbitrariness. How many Youtube-videos would I have to produce, to convince you, that rhodium and palladium are the best bets, because they have been mined the shortest amount of time, so the evil banks weren't able to corner the markets yet and manipulate the price down, like they do with gold and silver (which is again a conspiracy to keep your worldview intact).
If the banks hadnt manipulated those metals yet and the price was set to drop in the future why would we buy now lmao.

https://wallstreetonparade.com/2020/02/jpmorgan-chase-is-under-fourth-criminal-probe-after-pleading-guilty-to-three-prior-felony-counts/

I guess JPM plead guilty because it's all a big conspiracy and the deepstate breakaway government forced them to :) I feel like if you were gonna come into this thread and shit on PM's you should have at least kept the bitcoin zealotry to yourself. It just discredits you more than your disingenuous arguments.

>> No.19736451
File: 2.70 MB, 4032x1960, 20200608_232813.jpg [View same] [iqdb] [saucenao] [google]
19736451

>>19736186
My stack... Probably some mcg of metal can be worn off stacking like that. So I have a new storage solution. In reality though it's metal, it takes a decent amount of wear and tear to remove any appreciable amount of metal.

>> No.19736537

>>19736451

> not keeping your stack in monster boxes

>> No.19736757

Don’t suppose there’s a britbong here who knows British coinage? I have some commemorative coins my mother got to mark my birth and I just wanna see if they’re actual silver or not. Don’t wanna sell them since they hold personal value but it’d be nice to know anyways

>> No.19737077

>>19736451
Ye.
What about mint conditions, in plastic wraps?

>> No.19737200

>>19720682
I've noticed that coininvest don't charge VAT on silver coins. Are they gonna get seized at the border until I pay? Also how can they sell them so cheap, they are charging less than the Royal Mint, and that's the supplier!

>> No.19737202

>>19736757
never mind I managed to figure it out, not silver, mum skimpped out

>> No.19737598

>>19737202

better teach her a lesson

>> No.19737618

>>19737077
Nothing mint... All about the weight.

>> No.19737970

>>19737200
>coininvest don't charge VAT on silver coins
I think that's bullshit, they can just afford undercutting the competition on premiums because they're one of the biggest (if not the biggest) dealer in the area
>Are they gonna get seized at the border until I pay?
I had no issues ordering, but at the same time I didn't order $10k worth of silver
>how can they sell them so cheap
kraut magic? I honestly don't know. They're an LBMA associate though, maybe that has something to do with it

>> No.19738072

I woke up this afternoon to 4 different companies emails telling me about sales,
junk silver has finally come down in price to match other silver like it.
boys I think the dealers are finally buying more silver then they're selling, i'm thinking in a week maybe 2 we'll start seeing some real deals again

>> No.19738240

>>19737618
No I am saying keeping one ounce of gold or silver in mint condition, inside a plastic wrap is a better solution than having them outside, stacked together

>> No.19738253

>>19729580
no, just the amount of reddit spacing increased here lately. Also yukari and dinosaur posters haven't appeared yet

>> No.19738886

>>19712629
Here's my noob assessment of 10 mining companies based on previous stock price, current stock price, and over all very general investor sentiment in no particular order:

1. Skeena(Peter Schiff approved)
2. Yamana(Peter Schiff approved)
3. Alexco(Peter Schiff approved)
4. Hecla
5. Pretium
6. First Majestic Silver
7. Gold Resource
8. Paramount
9. Vista Gold

Generally the lower you go down the list, the more immediate short term growth potential it has singularly* from stock investment. The top 3 have already rrisen quite a bit, but have a professional backed analysis.

Bonus: Ascot
A anon close to this darkhorse candidate mentioned it could be a rising star, though note it deals in Silver.

Thoughts? Criticisms? Note I'm a complete noob so no offense will be taken, but much appreciated.

>> No.19739129
File: 401 KB, 1092x1036, SD round.jpg [View same] [iqdb] [saucenao] [google]
19739129

>>19738886
dark horse, isn't that a comic book company? when did they get in to metals lol
>>19738253
indeed

>> No.19739132 [DELETED] 

>>19738886
I ll give you another one to keep an eye on, Etruscus Resources just discovered a major new target on their "Rock and Role" Property that is 10x their previous mapped resource. I am sure they will be asking for funding to drill this in the near future. http://etruscusresources.com/news-releases/

Also sorry for reddit spacing my phone does it automatically and it pisses me off.

>> No.19739185

>>19738886
I ll give you another one to keep an eye on, Etruscus Resources just discovered a major new target on their "Rock and Role" Property that is 10x their previous mapped resource. I am sure they will be asking for funding to drill this in the near future. http://etruscusresources.com/news-releases/ Also sorry for reddit spacing my phone does it automatically and it pisses me off. Think I fixed it this time.

>> No.19739209

>>19739185
we might have to ask elon to let you beta test his satellite internet lol

>> No.19739293

hewo frens

>> No.19739350

>>19739185
Thanks anon. Will do some research.

>> No.19739359

>>19739209
fuck i want that Starlink internet so badly, I hate having to setup camp in town to have "good" internet. I have a satellite dish this season through xplorenet that i am using because i am trying some new gear and mapping software out that wants internet access but its basically garbage for speeds a crawl slower than dialup. Starlink is going to totally change how I operate. Cant wait for it to role out.

>> No.19739457

Just got my first 10oz., bros. I'm guessing I should leave them in the plastic right?

>> No.19739478
File: 48 KB, 865x760, 1505333172048.jpg [View same] [iqdb] [saucenao] [google]
19739478

>>19726107
If we are lucky enough to have a near future where we have profitable and practical asteroid mining then I don't mind having the value of my metals decrease.

However I heavily doubt our civilization is on that track considering how the world has been going this last 100 years.

>> No.19739509

>>19739457
might as well anon, now if you got it off ebay or reddit, then its worth taking out and doing some test

>> No.19739571

>>19734848
We're not all bad. Like any board it's a vocal minority shitposting. When I saw the writing on the walls I immediately secured my weapon stash and ammo. This was before the long trend of financial destabilization was occuring. I wished I was collecting PMs on the past.

>> No.19739622 [DELETED] 

>>19739509
I got them from Apmex. Forgot to say they are silver (coins and bars). Still gotta test them?

>> No.19739794

>>19733059
Imagine the smell

>> No.19741063
File: 1.22 MB, 480x360, sl.gif [View same] [iqdb] [saucenao] [google]
19741063

>>19739794

>> No.19741171

should I buy silver krugerrands or canadian leaves? krugerands are slightly cheaper

>> No.19741183

>>19739622
nah apmex is reputable, I wouldn't worry about it.
its just a lot of people get scammed doing ebay and reddit, so you have to assume its fake at this point...
>>19741171
their both govt coins, so get the cheaper one...

>> No.19741238

Silver went down again. I'm getting ever closer to the 20$ ounce.

>> No.19741284

>>19735761
I'm always the first person to whinge when somebody on here posts pictures of .9999 gold coins out of their holders on a dirty tabletop but I don't think you have to wear gloves when handling 22k gold still in their plastic flips.

>> No.19741371

>>19741284
>getting fingerprints on your plastic flips
anon your NGMI

>> No.19741442
File: 576 KB, 1005x501, asahi.png [View same] [iqdb] [saucenao] [google]
19741442

i wish the asahi rounds had serial numbers like the bars

>> No.19741475

>>19741442
you wish they had serial numbers? why on earth do you want serial numbers on your silver?

>> No.19741499
File: 157 KB, 1140x855, The Washington - 1 Pound $1000 Silver Certificate -. 999 Silver - 16 Oz.jpg [View same] [iqdb] [saucenao] [google]
19741499

new >>19741412

>> No.19741548

>>19741499
Isn't one troy pound of silver 12 troy ounces?

>> No.19741625
File: 122 KB, 1140x855, The Washington - 1 Pound $1000 Silver Certificate -. 999 Silver - 16 Oz 2.jpg [View same] [iqdb] [saucenao] [google]
19741625

>>19741548
yes!

>> No.19741654

>>19733262
Yeah, in today's fiat funny money. The actual value is tbd but is somewhere in the ballpark of peasant chicken or angry ancient hobo.

>> No.19742331

>>19738886
Some of those are on my list. What do you think of Pure Gold and Golden Minerals co, Artemis, or Seabridge? Or Lithium like Albemarle?

>> No.19742346

>>19738886
Wait do we like peter schiff here? I dont usually watch personalities

>> No.19742469

>>19733472
>gold is being replaced by bitcoin
>gold is nothing
>bitcoin is everything
holy shit this is one fanatic retard

>> No.19742613

>>19742331
My evaluation of Seabridge showed it has had great past performance, but has also risen a lot already since March.

I'd rank it along side Newmont, Kinross and maybe Barrick as a guaranteed return on investment, but less lucrative the options I've posted so far.

I'm not sure if I've gone over those others yet. Will have to check my notes.

>> No.19742642
File: 809 KB, 988x737, 1592247010784.png [View same] [iqdb] [saucenao] [google]
19742642

>>19742346
Well he's a career gold seller/investor whose made his life mission to counter possibly the exact scenario we are seeing play out.

So yes. I consider his, and others like him preferences a good sign.

>> No.19744042

>>19741442
I just bought 50 of these. I love the look, super modern and sleek.

>> No.19744137

>>19724405
Defend your choice of companies.

Goldmining looks like a great buy right now, Liberty gold just pumped so I'm pretty stoked.

>> No.19744474

just bought 13 eagles for 295
>no 30% CGT is comfy

>> No.19744707
File: 180 KB, 1920x1080, katie.jpg [View same] [iqdb] [saucenao] [google]
19744707

Just watched real vision today... I'm in love bros

>> No.19744741

>>19744137
I'm no professional, but it was a factor of past performance after 2008, whether they've already risen, and general investor sentiment.

The first 3 are backed by industry professionals, while the rest are a good combination of established junior minors who have managed to stay in bussiness, even through the drop in investment funding for the past 7-10 years.

Anything more specific is too much info to go into, but that stuff is mostly hype. Note I used Seeking Alpha for a quick assessment of the Stocks to weed out the garbage from the legitimate businesses. None of them scored lower than a 3 out of 5 at max.

>> No.19744756

>>19744741
Or a minimum that is to say.

>> No.19744827

>>19744707
Ed Harrison has that effect

>> No.19744838
File: 81 KB, 1280x720, ks.jpg [View same] [iqdb] [saucenao] [google]
19744838

>>19738886
>>19744741


3. Jeff clark backed, great jurisdiction as well. I'm up 35% on this.

6. Seems like every experts favorite silver name. Proven leverage to silver. Great management IMO. Neummeyer is the man, refused to sell his silver reserves at a lower silver price. Put the market on his back in that moment and the second I learned of that I added 33% to my position. I dig how they're investing in a Mig mill for higher returns off the same amount mined, and they've been hiring young and talented people into their team. Market is pricing in risk from mexican govt trying to shake them down for extra taxes. however.

>> No.19744852

>>19744827
kek