/biz/ - Business & Finance

FWTDHWAHQUD status: watching reality TV

>>20791000
Nice trips

We need more Schiff memes

It’s happening, fellow hoarders!!

>how do I hang up?

https://www.youtube.com/watch?v=H_ILu-R-Nz8

>Charging two ounces of silver per night for a cuck bunk.

>>20790975
There is a deliberate war on Christianity, it is constantly assaulted (and only it, dont you dare insult any other religion!). It is at the point where many churches are preaching blaspheme in an attempt to appease the unpleasable idiots just to fill seats.

>>20790952
Dolly Varden is one I was hoping to buy after McEwen. Some other anons mentioned Silver One and Ascot and Kootenay

Ill wait for the full updated list.

>>20791033
Checked

How much do you have? Doesnt seem like a lot since its all in boxes.

Got 200 blowjob tokens and 40 silver quarters. I'm prepared!

>>20791237
I am digging into Kootenay right now but I might pass out so forgive me if I dont get it done tonight.

>>20790614
>Monument has asahis for buffalo prices
oooooooo

Tube of 20 Asahis, new, costs $1 more per round/ounce than the bargain bag of unknown quality rounds from gainsville...

THAT is a bit of a pickle!

>>20790252
now I have tooooo much to think about
I may end up missing this dip from analysis paralysis, hope I don't regret it.

>>20790991
>buy more silver, wait for a drop in the Gold to Silver ratio, convert to gold, wash, rinse, repeat, in opposite direction, profit
wouldn't that be more profitable in NON physical, as you'll be getting fucked on premiums both ways when buying and selling physical.

(And you can't do it with comfy tax-free gains like in a Roth IRA...)

>>20791129
>>20790975
Global fucking warming didn't replace religion, this is shit fucking Dostoevsky was reckoning with. The modern replacement has long been materialism and cult of celebrity, despite whatever culture war issue you think is most important right now.

Go look at how many of your peers LIVE for reality TV bullshit. Everyone knows it's heavily edited and nearly scripted, but these things are now warping how normies act and see the world.

>>20791261
You have been a great resource of information and insight in these threads, take a break friend.

>>20791296
That FliFla image is fucking cute and Papika is just perfect. I thought I had nearly every FliFla image but apparently I didn't
Thanks anon you for sure are going to make it with such good taste in anime

Is it worth it to buy 925 silver rings when they are cheap? I can pick up a buch from local op-shops but unsure how it would fare compared to just buying a 1oz coin instead. Overall the price would be roughly the same but I would save on postage.

>when you want to buy more junior miners but have already allocated all your investment money
At what point should one sell a miner to buy a miner?

>>20791366
oz for oz youd be better of buying 1oz coins.
dont try to nickel and dime things.

>>20791255
If a Merc buys you a double-blowjob, what do you think we'll get for a silver quarter?

>>20790974
the left can't meme

>>20791428
Make the father/husband watch the double blowjob

>>20791424
I guess ease of storage would be a factor. Currently at 125oz silver and 2.5oz gold and already finding it a bit crowded in the safe.

>>20791424
I like the idea of owning at least one gold and silver ring.

>>20791062
why not move out of the fucking city?also how are you going to fuck a girl with all the other people there?

imagine dome one eats indian food and has to take a rank ass shit that stinks up all the pods,kek

and in the vis there was a nigger in one of the pods how can you be safe with a monkey living with you with no buffer as he come to do nigger things in the nigt?

kek this pod life is not even funny ,why is this hapening,get me off this clown world

>>20791343
heh thanks I do what I can
reminder that animeflix is sick as fuck, I just started kaguya and I'm looking forward to clannad, haibane ranmei, rewatching Katanagatari, and all the trashy shit I never watched like Gangsta.

>>20791448
I remember my first safe.

I know going back to a gold/silver standard would be amazingly beneficial for the economy and mankind in general, but I'm still apprehensive on the whole thing because it would raise the price of gold and silver and these elements are used in technology and manufacturing.
So the price of everything else would get cheaper but products that use gold and silver would get incredibly expensive.
Wouldn't it be better if we used something else(like crypto for example) instead of gold/silver so we can still get the benefits of a deflationary free banking system but without having to sacrifice gold/silver in manufacturing?
Is there something I'm getting wrong? Any Austrian economists want to comment?
pls no bully

>>20791497
Post hand pl0x
You stick out like a sore thumb
Your posts are AWFUL

>>20791062
at 3.40 is that a man or a woman?

>>20791443
What, I thought that was implied?! I'm not overpaying with three dimes for that.

>>20791033
Kek'd, you have a good horde and nice roll. Best of luck to you
>>20791249
50k minimum in that stack. at least 13 gold american eagles. Lots of coins in the holders, but I can't tell what they are. Some look like silver, and some even look gold.

>>20791296
most of my peers are into guns, hunting, building stuff, prepper shit ect. I don't associate with people who live for reality tv. Its only slightly worse then people who live for anime.

I wasnt the other anon you linked, but the same people pushing against stable cultural forces like proper demographics, stable economics, and proper family/religious units are the same people pushing all the bullshit. It isnt exactly a new concept Dostoevsky, Solzhenitsyn, Orwell, huxley, heinlein, ect all saw what was coming.

Now we are in the phase where an accounting will be made, not just in precious metals, but in

*clicks flashlight*

BLOOD!

gold has failed
the 'bimetal' system is already a sign of failure, failure to divide itself
and the reliance on trusted third parties have cost gold it's reserve currency status

if only there was a gold bug autistic enough to create a trustless form of e-gold
maybe a hardcore cypherpunk libertarian hungarian polymath could do it

>>20791543
>he thinks this is the timeline where things actually happen and some sort of "justice" will be created from some sort of mass conflict
hahaha

And peers doesn't just mean your friends. The majority of people care about majority bullshit. And they still think we live in a two-party system and election results change the fundamental direction of society.

>>20791531
if you wouldn't fuck it, who cares?

>>20791159
thanks anon! VERY disappointing if the korean coins come scratched and dinged, that's part of why I wanted to see anon's pics. Also heard that the quality of the "image" on them is poor/inconsistent.

I'm very frugal but I'm also NEET, over 30, never had a bigboy job, and with very few career prospects so... I am only stacking smol time, and would be foolish to tie up all my liquidity in physical as freeing up that cash would require getting fucked by pawn shops or fucked by online dealers.

>>20791523
Technological products should be more expensive anyway it’s only because the central banks are subsidising tech it’s so cheap, good for consumers but overall leads to massive distortions like all the other manipulations. Eventually we just have to let things find their own price to have a functioning economy we can’t keep rigging everything and burying our heads in the sand

>>20791033
Ayyy I recognize that stack. Glad to see youre still around.
>>20791296
I think I'm gonna hold out for some libertads. Pretty sure theyre supposed to drop at the end of this month. Who knows if they will or what the premium will look like tho. Libertads are carrying premiums like ASE's these days.

>>20791296
>>20791506

>Go look at how many of your peers LIVE for anime TV bullshit

look at yourself in your silver anon!!!!


>>20791523
this is a legitimate concern for high amount users like solar, but at present its 1/3 an oz per cell or there abouts, so an extra 200$ per cell for a one time cost? not the end of the world, besides, we have much MUCH better green alternatives to solar.

Most electronics only have a buck or two of PM's in them at most, your 700 phone at worst is 750, not a big deal.

What will be a big deal is all the people who lived off of usury and stealing from everyone by printing fiat trying to maintain their lifestyle/re implement fiat

>>20791601
>Technological products should be more expensive anyway
What? Consumer electronics have come down like crazy the past 30 years. Why would they be more expensive in a free market?

>>20791631
Because most of the materials being used in those products are heavily surprised by central banks

>>20791523
The amount of gold used in electronics is negligible and often substitutable. Silver on the other hand has recently been used for a experimental battery 50% more efficient then what we currently have.
https://news.samsung.com/global/samsung-presents-groundbreaking-all-solid-state-battery-technology-to-nature-energy
How much silver this actually consumes I don't know, but a 50% increase in battery efficiency is huge.

>>20791642
Suppressed

>>20791611
Yeah libertads, ASE's, even krugers I am seeing extra extra high premiums on.

Maples no so much... might be cause of living in leafstan though.

Ideally I want one of each, 2020 is a great year for many reasons, especially with the ASE changing design next year.

>>20791523
Price signals would likely lead manufacturers to use different metals if the cost of gold and silver were too high. Initially costs might increase but the history of technology shows that a cheaper alternative will eventually be found.
Also based ancap

>>20791618
>this is a legitimate concern for high amount users like solar, but at present its 1/3 an oz per cell or there abouts, so an extra 200$ per cell for a one time cost? not the end of the world, besides, we have much MUCH better green alternatives to solar.
>Most electronics only have a buck or two of PM's in them at most, your 700 phone at worst is 750, not a big deal.
>What will be a big deal is all the people who lived off of usury and stealing from everyone by printing fiat trying to maintain their lifestyle/re implement fiat
Okay, but I think in the future we will use alternatives to gold and silver. If we want a post scarcity world, it's retarded to have 2 elements insanely high(deflation of the currency would mean the cost of gold in terms of all other assets would keep rising).

FOMOed and bought 4 kg bars rip me

>>20791642
Give examples.

>>20791649
Then we'd be screwed if we had gold and silver as currency...

>>20791661
are they REALLY doing that next year, or is that just some special occasion bullshit?

Unironically would want a tube of the befores and afters... you never know who's going to want what. Just like I don't want Jesusfish coins in case someone finds them too blasphemous or whatever to accept. People are fucking weird.

>>20791670
>Price signals would likely lead manufacturers to use different metals if the cost of gold and silver were too high.
yeah but what if gold and silver were more efficient, we would lose out on that efficiency

>Also based ancap
Thanks, but I'm actually just a minarchist. Ancap can probably work though.

>>20791670
>cheaper alternative will eventually be found
What can replace gold and silver? We are not talking about just wiring anon. Gold and silver and used for a reason otherwise those cheaper alternatives would have been in use already.

>>20791649
>>20791642
The most likely outcome is that people will make a killing recycling/reclaiming the PMs out of this stuff when it reaches end of lifespan. Small increases in price vs large increase in efficiency will also meter it out.

>>20791523
Anarchy is a step in the wrong direction. It would mean might makes right and bring us back to the stone age. To answer your question, most gold is not used industrially, instead, it is mostly horded for it's value. It performs well in tests compared against other noble metals, but not the best. Very few industrial processes actually require gold. The only use of gold of note on an industrial, global scale is centered in india, the #1 exporter of golden jewelry, and #1 importer of gold ingots and ores. Other than that, a small amount is used in testing and industrial proccesses (something like 0.5% of all yearly produced) and the rest is horded.
CIA world factbook puts out all sorts of information, if it isn't too spooky for you to use the CIA website!

>>20791727
>Anarchy is a step in the wrong direction.
>I'm actually just a minarchist/moderate Libertarian. Ancap can probably work though.

>>20791703
just what I been hearing. even without that, 30% of all mintage was lost due to rona.

>>20791697
that makes no sense... using silver/gold industrially does not in any way screw over a gold standard any more then paper being used in books screws over fiat.

>>20791592
Np fren. Yeah I was bummed about the imperfections. I saw someone else mention the same problem with a different KOMSCO series on r/pmsforsale. Dunno what the deal is. I got real high hopes for the phoenix coins because there's no frosted aesthetic.

>>20791428
The double blowjob is just the second act after she let's you do whatever you want to her and her best friend. One of them is becoming my weekly foot whore

>>20791741
I didn't mean to greentext the second line

>>20791743
>that makes no sense... using silver/gold industrially does not in any way screw over a gold standard
I'm not saying the economy would collapse or anything. I'm saying everything would be great except for the fact consumer goods that use gold and silver as inputs would be extremely expensive.

>>20786751
Reposting question from previous thread to see if I can get more info:

Is the anon who posted this a few threads back still around?
>>20772654
I would really appreciate it if you could go into more detail. I know a decent bit about silver, fiat, central bank shenanigans etc, but I am just now starting to learn about the specifics of commodity speculation shenanigans. I kind of understand the basics, but if you could break it down for those of us who barely understand how long/short/leveraged day trading works, I would really appreciate it.

Just to be clear:
I am not in any way interested in any kind of paper silver, I hold physical, but I would like to understand more about the market manipulation so I can better understand what the fuck is going on when the spot price fluctuates up and down by $4.00 in the middle of the night.
I get that people who put money on a short position are betting that the price will go down, and that people who put money on a long position are betting that the price will go up.
What is the purpose of the banks fucking up both positions one right after the other though?
I guess that since the official open and close are close, that they wouldn't have to deliver much if any. And that the fluctuation fucked up some people's game.
Beyond that though I don't really understand what their game is/was with that maneuver.
Thanks fren!

>>20791805
>>20787304

Thanks for the replies, fren.
I watched the interview, it gave some good insight into the whole dynamic with JPM shorting the market (that they control) for the last decade, and how they're no longer holding a short position and might even be switching to a long position.
I pretty much understood that dynamic already though. What I'd like to know more about is the specific play from last night. I was watching the whole time. The price went from $24 up to $26. Then in less than a minute, it dropped back down to $24. Then it wiggled, and then dropped down to $22. Then it went right back up to $24.
I'd like to understand more about that specific play. How does that destroy both the long and short positions one right after the other, and why do it? I'm guessing that since it started and ended right around $24, that they wouldn't be at risk of having to actually deliver much if anything? What was the purpose of that maneuver? Was it just making a quick one-off profit (and if so please explain in layman's terms how) or is it part of a larger strategy?
Thank you, and I apologize for my lack of knowledge regarding derivatives speculation, it's never been on my radar except as a contributing factor to the price I pay for physical Ag.

>>20791775
except as has been explained more then once, they would not... it would be a very small cost increase. Silver has gone up a lot since it was 4$ an oz, and electronics have gone down in price, most of the cost is in labour/tooling, not materials.

Worst case scenario is that PM's get so expensive that some poor entrepreneur has to make a mint reclaiming them from old electronics.

>>20791712
>yeah but what if gold and silver were more efficient, we would lose out on that efficiency
The difference in conductivity between silver and copper is pretty negligible, and copper has better conductivity and lower resistance than gold. If the gold standard were still a thing and hadn't disappeared in the 70s, I'd say it would have been pretty likely that electronics manufacturers would have never incorporated those metals into technology due to the cost.

I'm not saying that silver is not the superior conductor, but human nature is to improve things , and we've already discovered ways of improving the conductivity of copper through annealing. If precious metals became prohibitively expensive or rare, then they would be discarded as an option and new alternatives developed.

>>20791592
Korean coins imprints do look shallow.

The detail and artistry looks intricate, but that korean artist will flunk out of engraving school for creating something that doesn't pass muster for circulating currency.

So what happens with all the gold deliveries in August and silver in September? What about spot?

>>20791829
>it would be a very small cost increase
Why? In a deflationary economy, the price of money relative to all other goods constantly increases. So the cost to use gold and silver in manufacturing constantly increases. Would it not get to a point where consumer goods that use PMs as inputs would be very expensive?
We would be losing out as consumers.

>Silver has gone up a lot since it was 4$ an oz, and electronics have gone down in price,
Because they're decoupled now. Silver and gold is not used as a currency worldwide. If we were actually on a gold or silver standard, the cost of electronics that use PMs as inputs would increase.

>>20791854
I understand you're saying "it wouldn't be that bad" but there would still be a negative economic effect, even if small.
Why would we want to screw the economy over like this instead of using another free market alternative as currency?

>>20791894
Yeah, that's why we're all here. Congrats. You figured it out.

>>20791894
Your price is locked in once you checkout, even if it rockets up to 100 an ounce for silver or 2500 for gold or whatever. Doesn't matter if they take their sweet time getting it to you, they're obligated to honor they're transaction

>>20791868
Technically, they’re not coins in the same way that Britannias and Eagles for example are. They have no face value and are is usually sold as “bars” despite being round.

KOMSCO is a government owned corporation like the British Royal Mint and does also produce South Korea’s circulating coins, but the Zi:Sin series and most of the silver and gold bullion they sell to the public have no face value and are not legal tender.

(Some special commemorative coins do and are however, pic related.)

>>20791936
>obligated to honor
But not legally though right? So its shit.

>>20791936
>they're transaction
they are transaction?

>>20791910
you keep associating things that are not associated anon. You also keep repeating your statement without stating a proper cause-> effect.

No you would not be losing out as a consoomer... your money would be PM's... if the value of PM's goes up, the value of your money goes up along with it, thus negating entirely the rising cost of certain goods that use PM's.

Silver was an industrial metal long before the decoupling too anon, yet people still took photographs. And found replacements for the silver used there too, despite it having unique properties that lent itself to that practice.

>>20791936
dude I had 180 oz cancelled on me by a dealer who didnt like the price rising... dont get too cocky, if you dont have it in your hands you dont have it yet.

>>20791944
What the fuck, really?
That turns me right off from wanting them, and makes me question the wisdom of my BRM order... no wonder they're cheaper.

maybe leafs are the way to go, still don't know why those are cheaper

>>20791523
The industrial use per product is miniscule. There are mere fractions of grams within your electronics.

>>20792004
Name the dealer so we can place a bounty on his head if and when the economy collapses.

>>20792022
Fractions of grams add up when billions of units are made.

>>20791062
That looks like a POW camp, but with carpet and better mattresses.

>>20792040
https://canadiansilversaver.com

>>20792020
Dude just look at them. You can see there’s no face value, just the weight.

I mean I don’t really care, I like them and since I live in Korea, they are the most affordable bullion here, and also have roughly the same level of recognition locally that Eagles do in the US or Britannias do in Britain despite not technically being coins.

Bottom line though yeah if that matters to you you might not want them.

>>20792004
that sucks bro. That's why it's better to get in when the market is flat and not when it's rising fast like this.
How big was the dealer?

>>20791985
>if the value of PM's goes up
In a free market with a gold/silver standard, the value of PM's(or money) goes up only if more economic output takes place. More economic production would occur for every capital/consumer good except the ones that use PMs as inputs because the cost of using them as an input would be much higher than other inputs.

>Silver was an industrial metal long before the decoupling too anon, yet people still took photographs. And found replacements for the silver used there too, despite it having unique properties that lent itself to that practice.
I agree that it probably wouldn't be that bad and that it would be a much better alternative than the current system, but you never know what advances might come in the future where gold/silver is a vital factor, like in medicine etc. That's why an alternative free market currency that isn't based on gold/silver makes sense to me.

>>20791910
Well then you need to weigh up the consequences of modest price increases against what you consider to be the benefits of re-instituting a gold standard.
>Why would we want to screw the economy over like this instead of using another free market alternative as currency?
Almost anything can be money anon, but it must have certain qualities: predictable supply (unlike fiat), low cost of exchange, durability, divisibility, and fungibility (i.e. my ounce of gold could be swapped for yours with no loss of value). The reason precious metals have typically been used as money is that they have these features, making them difficult to externally manipulate. If gold or silver were too rare to use as money, people would and do use other things; in the past they use salt, in the future they might use crypto, but ultimately we don't know because while currency is created by governments, money is not.

>>20792057
How do you not understand

You have silver, and gold, lets say one OZ of each as money, in your hand. the value of that money goes up a billion %.
Your money is worth a billion times more then it used to be.

You have a phone in your hand, it has 1/10000 of an oz of silver in it. Silver goes up a billion %
Your phone costs 1/10000 x a billion percent more.

You are still up 99999/100000 times a billion %

>>20792099
Tell me what 1 Clay is.

>>20792119
>Almost anything can be money anon, but it must have certain qualities: predictable supply (unlike fiat), low cost of exchange, durability, divisibility, and fungibility (i.e. my ounce of gold could be swapped for yours with no loss of value).
Why not use crypto?
This is why I love Peter Schiff but still think he might be wrong on crypto being a viable currency.

I honestly sold all my crypto and bought gold/silver miners in preparation for the crash, but I know the free market could eventually make crypto into real currency.

>>20792146
I don’t know why that’s written there, but the coins/rounds are 1 troy ounce in weight.

>>20792136
but I still want that 1/10000 % of economic value back :^)

>>20792108
ehhhh not huge, basically a LCS level operation. likely not hedging so he can replace stock.

Having stock issues at every single LCS level operation right now, almost all are out of stock, even the really big names like SGB are having issues filling orders. Normally SGB has it to me in a day or two, going on two weeks to have an order arrive now.

All the deals on silver I try to hunt used to last a day or two, maybe even a week.

Now if I find them 1-5 minutes after being posted Im lucky to be the first to grab it.

Got lucky and scored two kg kookooburrahs basically at spot, one of em is from 1995 and minty.

>>20792165
cryptpo depends on technological infrastructure and constant input of energy.
What type of idiot designs money that requires every increasing computers and energy to use? Its a terrible waste.

>>20792136
I have no idea what you're talking about, because it has nothing to do with my post. I'm pointing out that even though there's only a tiny amount of PM in each unit of electronics, that amount adds up really fast once you set up an assembly line and start shitting out units. As the price of PMs rise, the price of consumer electronics starts going up fast. Industrial demand is a huge driver of price.

>>20792110
>you never know what advances might come in the future where gold/silver is a vital factor, like in medicine etc
While this is true, we can't predict the future. Nuclear fusion could be just around the corner, and the infinite amount of energy that goes with fusion could make alchemy possible, thus rendering gold useless as money. If gold became utterly essential for medical treatments, thus vastly increasing its market price, then silver would likely replace it the dominant money.
>Why not use crypto?
There is a difference between money and currency. Not all cryptos are created equal. Bitcoin has all the historical features of money, the main one of importance being the limited supply. Cryptocurrencies without a limited supply are worthless as money imo, because they are just as subject to manipulation as fiat.

>>20792184
you would be trading 1/10000 for 99999/10000

horrible deal, many suck deals made like this, none of them good, and I should know, because I make very good deals anon.

>>20792226
>I have no idea what you're talking about
>I have no idea what I'm talking about

We will just have to leave it at that then fren, at least you are smart enough to have a huge stack of silver and gold already, right?

>>20792242
based and lmao

What’s a good price for a half ounce good eagle?

>>20792282
Gold*

>>20791543
dude,just stop your acting like a fag

>>20792242
>trump on silver coin
It's like having FDR on a silver/gold coin.

>>20792108
and not getting in, been stacking since 2008, just I do try to get the best conversion rate for me fiat into money

plebs may refer to this as "price"

>>20792165
>but I know the free market could eventually make crypto into real currency.
>he doesnt know a bout the collapse

>>20792208
What else could we use as money then?
If there was some some of Paper currency that was totally impossible for the government or anyone to manipulate and print more of, I would definitely want that to be the currency over anything else.

>>20792282
https://sdbullion.com/1-2-oz-american-gold-eagle-proof-coin

this is the cheapest i could find earlier but i dont watch that much lately.

>>20792241
>because they are just as subject to manipulation as fiat.
How?

>>20792346
>>he doesnt know a bout the collapse
I do though.

>>20792165
crypto gold backed currency is the best way to have "electronic" gold transactions protected. But without a real, impartial backer like PM's crypto is just useless computing power being used to create itself... wind without a sail.

Any good small cap australian silver miners?

Somebody make a Schiff meme with him using raycon earbuds drinking flow water and using express VPN

also with gold everywhere

>>20792327
post hand and or stack faggot...

>>20792357
>>20792369
If its PM backed then all you really need is a shared ledger and not all the useless mining which would cut power requirements down drastically i would imagine.
the gold is already scarce you wouldn't need to create scarcity with the wasting of compute cycles.

So if hyperinflation hits but the USD doesnt collapse completely and no gold standard is brought in and instead we deal with the Great Depression 2.0 for the next 10 years or something, what does 1oz of gold and 1oz of silver buy you?

Right now in Venezuela, if some anon postings can be believed, 1 oz of silver buys you 6 months of food and 1 tank of gas is 4 months of wages. Though people sell the 1 oz of silver into USD at spot and then use the USD to buy things and funny enough 1 tank of gas in Venezuela is around $20 (back when spot was around $18 anyway) and I assume $20 USD buys you 6 months of food.

Since it will be the USD in this scenario that hyperinflates, taking the world economy with it, what can 1 oz of gold and silver buy you now? No gold standard, no currency reset, nothing. We ride it out until recovery. 10 years.

>>20791024
>>20791033
tchequ'd

>>20791129
has drank the jew-laid. what's it like living in hallucinated persecutionsville?

>>20791255
dream bigger, im already planning live-in servants.

>>20792099
>You can see there’s no face value
how? there's nothing that says COPY or whatever to indicate it's not government backed currency, and it comes from the same company that mints the coins (and prints the notes) the government uses for currency

>>20792425
see:
>>20792409

>>20792409
he just needs to shill for raid shadow legends next.

>>20792363
Thanks man. I’m trying to sell and get cash for more silver, wanted to get a price gauge/range

>>20792425
nice
the sikh symbol should be something else like a big gold coin or something

>>20792261
I have a small stack, as much as I can afford. I don't understand what your point is?

>>20792425
Ok 1 post by this ID no stack..

it would be Jew-ade btw... but dont give up, eventually you will get it.

SYNAGOGUE OF SATAN

>>20792433
>how?

There literally is no denomination number or the word “won” on it, in Korean or English. They’re not trying to pull a fast one. The rounds KOMSCO sells are no different for example from the round medals the US mint issues, which are also not legal tender.

I suppose I could understand why you could assume they were legal tender coins, especially since so many other mints MOSTLY do mint legal tender coins with a face value. Anyway, now you know: they’re not.

>>20792433
>>20792488
Being legal tender or not doesn't affect you in any way unless you're crossing borders with it and are trying to not get it confiscated
Nobody in their right mind would use a $1 face value ASE to buy a pack of gum at the corner store

>>20792475
anon, if you have one oz of silver, and it increases in value by 100 times.

It more then offsets the 1/10000 oz of silver you need to buy, even if that 1/10000 oz goes up 100 times as well.

Simple as. If the point Im making isnt made clear, maybe just think about it more.

keep stacking, post stack!

When the crash happens, so many brain dead communists are going to blame it on "capitalism", fucking depressing.

>>20792365
>How?
The same reason fiat is subject to government manipulation such as constant inflation targets; because more supply can be created out of thin air, thus devaluing the rest of the supply that people have exchanged something of value to acquire. Bitcoin has a publicly known supply (21 million I believe) and any Bitcoin transactions are recorded on a public ledger. Any coin that doesn't have a limited supply is worth nothing imo

When is the FED annoucement today and what are we expecting them to announce? They are just going to print more money aren't they? Silver and Gold will then moon I think. What are your thoughts?

>>20792488
I don't know what the fuck a clay is, how do I know it's not some unit of currency

>>20792530
That's not the point, it's more about what is more likely to gain a future premium due to backing by a governemnt or collectability, and what will be most "trusted" as legitimate and unadulterated.

>>20792530
I take his point though: he’s disappointed because he was somewhat interested in them as legal tender coins, which they aren’t. Maybe this confusion has come about because in really most of the other countries with commercially successful government-backed mints, most of their products ARE legal tender coins. The flagship bullion products from the US, Canada, UK, South Africa and Australia basically all the major minting nations are ALL legal tender coins. South Korea is different, in that the Phoenix and Zi:Sin series are both NOT legal tender coins.

I’m pretty sure everyone in Korea who buys PMs knows it, but if you didn’t check, I can see why someone unfamiliar with Korea’s offerings could assume otherwise.

Anyone know what the deal is with import fees when buying silver from outside the UK?

I'm considering getting some bars from first majestic and the price looks tidy, but I don't see any VAT or fees, so I'm wondering if i'll get slapped with a bill when it arrives in the country.

>>20792563
They should blame it on corporate socialism in the US. And the welfare state in Europe.

>>20792626
every dollar is now backed by catgirls
our shiny rocks are now useless in the face of fuckable currency

>>20792624
Gold and silver can be mined though.

>>20792626
I think it's priced in desu.

>>20792674
I'll take it over the clown world we have right now......

>>20792692
That is correct, meaning they require time and effort to accrue. Supply is also limited, regular and predictable. While the overall supply does increase every year, the amount of gold present on planet earth is fairly well known and any attempts to massive increase supply in a limited time frame (say a decade) would be incredibly expensive in terms of the cost of production, thus balancing out any decrease in inflationary effects due to the cost required to produce the money itself. Does that make sense?

>>20792831
>That is correct, meaning they require time and effort to accrue.
Same with crypto mining though.

>>20792868
I agree, but only from cryptos with a limited supply.

>>20792778
full size

>>20793063
based improver of boards

Be aware that Gold futures being quoted on most programs have transitioned to December 20 from August 20. The disparity with spot will now be wide for a while again with futures prices printing quite abit higher than the spot price for now.

>>20792409
These guys have the shittiest custemer service you could imagine. No phone and no response except a confirmation email. Once you bought it, you own it even if defective.

>>20793417
Should have bought some Jaybird Vistas

>>20793435
No shit. RayCON is suitably named.

>>20792422
No one really knows for sure anon but I think peter schiff put into perspective in his most recent podcast. Basically if you hold pms it will feel like you are vacationing in a third world country where everything is so cheap, except the USA will be that third world country.

>>20791038
That day a meme was born

>>20792409
Someone make this happen

Where can I order silver in Japan? I don't want to go all the way to Osaka to buy silver.

Dollar index dropping.
Now at 93:43

So did the faggot doing the Boomer-retard-single-reply character get bored with it or get banned again?

Why is spot moving like a shitcoin?

>>20794071
No questions, goy
Consoom more ;^)

>>20794071
Countries dumping dollars. The “dolar milkshake” is sour.

Lets say someone followed all of Schiffs advice over the past 10-20 years.

How much of a gain would you of made?

>>20794091
The biggest (and should be obvious) flaw to the dollar milkshake theory was the fact that in a bad economy the Dollar will also shit the bed.

Had a dream tonight, they stole my stack bros. How do I protect my gold and silver? I have to keep it at my place, but bolting a safe into the floor is not an option.

it certainly isn't looking good for the milkshakers, but until the DXY gets to the mid-80's, it's still on the table.

>>20794270
I wonder what Brent Johnson is thinking this week

>>20794162
If they bought at the right times, they've done well. If they bought at the wrong times, not so good.

>>20794377
I hope he does a video soon

>>20794247
You need to melt it all into one bar and ram that fucker up you ass, anon.

>>20794247
Buy half a ton of copper, melt all metals together into one lump. This way no one will be able to lift it.

>>20791506
>I'm looking forward to clannad

>>20794735
A FEEL TRIP
A FEEL TRIP
A FEEL TRIP
A FEEL TRIP

>>20794247
disguise your silver bars as common house hold items.

For example I created a 10 KG dungbell by tying together 10 1 kg silver bars with ducktape

>>20791523
I am sure people would rather pay a bit more for there iphone or ipad and be able to actually own a house without going into a lifetime of debt for it.

>>20794247
Fill a drawer with some clothes and then envelopes with fiat in it. Then inside the dresser but below the drawer hide your stacks.
The fiat will be the perfect distraction.

>>20793752
Are you in Japan?
You could try yahoo auctions--
https://auctions.yahoo.co.jp/search/search?auccat=&tab_ex=commerce&ei=utf-8&aq=-1&oq=&sc_i=&exflg=1&p=silver+999&x=0&y=0

https://page.auctions.yahoo.co.jp/jp/auction/l619685235

https://page.auctions.yahoo.co.jp/jp/auction/x716441927

https://page.auctions.yahoo.co.jp/jp/auction/o411107733

Does anyone know what the coin in the last auction is? (pic related)
Seems to be a restrike of an Austrian coin, but I can't find anything on it anywhere. Lots of similar coins, but nothing on that particular coin. No pictures, no info, nothing...

>>20794735
>>20794796

If you want feels and a time sink to play whilst you wait for the dollar to die I recommend Kara no Shojo.
You can get it on steam.

>>20794719
give me 20 good men, i'll lift the bitch.

>>20794863
this is the other side

Power struggle in China heats up amidst flooding and escalating tenions with NATO.

QRD:

>Xi Jingping was elected as a compromise, never supposed to be autocrat
>Purges faction of previous leader, Jiang Zemin, places himself in power and removes term-limits
>Remants of faction still exist, still lying in wait to pounce upon Xi
>Amidst coronavirus, flooding, etc all problems are being blamed on Xi
>basically entire world hates China more every day due to aforementioned problems + human rights abuses and just generally being garbage belligerents claiming random shit around them for no reason
>Xi reportedly at odds with nominal no. 2 Li Keqiang
>Li Keqiang constantly talking shit about Xi while Xi is trying to run a prosperity initiative
>state-run media contradicting itself as it takes orders from two different factions at once
>Xi and lapdog Chen Yixin warming up new purge campaign double-time due to upcoming party summit
>Annual CCP summer dance vacation party about to take place soon in August where Xi will have to answer for everything that's happened over the past year

https://www.youtube.com/watch?v=1fnW4VOzlKY

Power struggle in China heats up amidst flooding and escalating tenions with NATO.

QRD:

>Xi Jingping was elected as a compromise, never supposed to be autocrat
>Purges faction of previous leader, Jiang Zemin, places himself in power and removes term-limits
>Remants of faction still exist, still lying in wait to pounce upon Xi
>Amidst coronavirus, flooding, etc all problems are being blamed on Xi
>basically entire world hates China more every day due to aforementioned problems + human rights abuses and just generally being garbage belligerents claiming random shit around them for no reason
>Xi reportedly at odds with nominal no. 2 Li Keqiang
>Li Keqiang constantly talking shit about Xi while Xi is trying to run a prosperity initiative
>state-run media contradicting itself as it takes orders from two different factions at once
>Xi and lapdog Chen Yixin warming up new purge campaign double-time due to upcoming party summit
>Annual CCP summer dance vacation party about to take place soon in August where Xi will have to answer for everything that's happened over the past year

https://www.youtube.com/watch?v=1fnW4VOzlKY

What does this mean for our precious metals?

>>20794964
fixed hair color

>>20793962
Why did I listen to Brent Johnson fuck

daily reminder to report, hide and filter kikes

>>20794863
>>20794925
nvm, found it.
Apparently it's a German restrike of a 1 Taler coin from 1696. it has 38.22 g of .835 Silver, 50mm in diameter.
Neat.

>>20794964
My god. Everybody breaks down at once. It's going to be a nightmare out there.

>>20794811
Based and checked

>>20795237
nvm, it's 38.6g of .999 silver. Diff yrs had diff purities. Wish I lived in Japan, I'd definitely buy it.

>>20794863
Is buying through online auctions risky?

>>20796076
no anon, it's 100% safe. As you know, all people around the world tell only the truth. The notion of scamming someone doesn't exist.

>>20794811
Niggers steal workout gear idiot

Why is it even allowed to sell futures on something if you have no desire to actually deliver?

>>20796193
You better not be talking shit about my Weather futures market

>>20792422
Refiners would go into hyper drive creating small denomination rounds. People would rush into those from 1 oz rounds. Then people would exchange that fractional silver for money right before buying something or people would just accept silver directly. In Zimbabwe people would buy stonks on monday to fund a grocery purchase on thursday. The market demands that exchange will continue even if transaction prices rise a lot.

>>20796094
I've never done these kinds of auctions so I'm not sure if there's some system where certain sellers are considered safe or if there's any kind of fraud insurance.

>>20792226
you have a valid point
Ive always had a belief pm prices were suppressed this long due to their industrial application. Lower silver prices = lower costs of production, especially going into a greener future

>>20792261
get your head out the sand
silver's industrial uses make all its substitutes look like a joke, its an absolutely incredible waste for it not to be used for its potential because 'much store of value' or 'much currency for 5000 years'

stop thinking about how YOUR relative ppp will substantially increase if we did somehow go back to a metals backed currency. The average consumer will be priced out of what are considered pretty normal goods by todays standards, you think that's fair?

The irony of those who advocate a metals backed currency is that they do so in the name of a more just system which doesn't strip your wealth away through 'muh inflation' when the reality is the governments would have more control on the wealth then they do currently

>>20796339
'muh store of value'
'muh currency for 5000 years'

>>20794217
The whole thing was based on the idea the fed could keep normalizing rates. That was the flaw

>>20796193
Because actual businesses need to be able to hedge. Exxon needs to be able to sell a bunch of oil futures to lock in the price even if they have other buyers and close before delivery

hello frens!

>>20792422

The thing about a gold standard is that the market can sort of force the government to do it by raising the price of gold to the level it would need to be in a govt backed gold standard. Very loosely, this is seen to be 40% backing of M2, or around 10k per oz minimum using known us gold reserves.

Absent sufficient manipulation, and unless the govt wins back market confidence organically, the market will continually try to raise it to this price and as a way of voting "no confidence" in Uncle Sam's monetary/fiscal policy. In essence, it would continually price-in the always-imminent collapse of the currency.

The USD/gold manipulation scheme put in place in 2011 is currently melting down, and the confidence in govt is only dropping and going lower as they dive into full-on MMT crazy town. There is little chance of them averting this outcome now, doubly so if rival currencies openly embrace gold or commodity backing.

Feds might throw a temper-tantrum at the loss of power though. The next thing to do is keep on alert for them lashing out. If you see rhetoric about goldbugs or currency speculators being "unpatriotic" or "betting against America" you know they're pissed and something is coming.

>>20791775
There was an article on ZH yesterday explaining that, contrary to popular belief, jewelery does not keep pace with the price of Gold, far from it. I would imagine a similar phenomenon would be observed in the case of industrial applications of a PM.

>>20794247
I wonder if it's viable to press silver down into thin sheets like aluminum foil, and then just hide the silver in the aluminum packages. You could keep it in the kitchen, no one would Rob it.

>>20796916
If the price of the metal used in production would be higher than the price of the product itself it would have to go up.

>>20796947
At that point why wouldn't you just bury it like a normal pirate?

>>20796916
jewelery has premium over scrap price anywhere from 300-1000% and in times of job losses and economic uncertainties people dont like to spend stupid amounts of money on something that has a very low intrinsic value.
not sure why anyone would bother thinking about jewelery

>>20796947
wow smart brain post, surely no one would suspect anything fishy when you have 100 rols of "aluminum foil" in your kitchen

>>20797016
>this weirdo shut in has 100 rolls of aluminium foil rolls in his kitchen
>ha clearly he melted down his silver, pressed it into foil and now hides it in plain sight what an easy ruse to see through

>>20794964
>>Annual CCP summer dance vacation party
For real? lmao.

I have 100 oz. silver

How fucked am I going to be?

>>20797139
you will make a profit, why would you be fucked

>>20797139
I only have 120oz along with 5oz of gold, I'll be fucked too maybe by myself 2 weeks longer

>>20796977
Makes sense.
>>20796998
I'm not claiming to be an authority on this stuff, but here's the article.
>https://www.zerohedge.com/markets/mish-blasts-wsj-nonsense-gold-dollar
Interesting enough.

>>20797192
Anons said we need at least 1k oz silver if we want to make it

>>20797197
5 oz of gold is alot. You have more gold than 99% of the worlds population.

Fresh from the post about half an hour a go

>>20797221
yeah well they are wrong. You can't just own silver. You need guns, ammunition, land, a wife and sons. If a collapse situation happens and someone finds out you have 1k oz of silver, you're gonna get robbed and killed.

>>20796981
I don't own a shovel, or secluded land to dig on. I do own a kitchen though.

>>20795063

>>20797197
dont worry fren, thats a reasonable start for the day we abolish fiat currency, you still have time to add.

>>20797297

>>20797016
How would they know it's silver. It says aluminum on the box retard. If a burglar sees a stockpile of toilet paper from Costco do they steal that cause it's suspicious?

>Had my eye on a knight ducat for a while
>Decided to finally get one just to remember this occasion by
>It turns out it was the last one on apmex

Mah stack. No gold... yet

Actually its bigger now, just culled all the silver I was selling at the flea market and added it in

>>20797342
have you any idea how valueable toilet paper is?
imagine being such a dumb cunt like you

>>20795036
>Why did I listen to Brent Johnson fuck
He also told you to buy gold

>>20794964
>What does this mean for our precious metals?
It means lots of Chinese buying lots of precious metals

I love smart niggas and the niggas at /pmg/ smart as fuck, therefore I love /pmg/!!!

>>20797518
may i propose the ideal first gold coin?
2 Rand South Africa, from the time where niggers didnt rule the country and South Africa was a joy to live in

>>20792328
>It's like having FDR on a silver/gold coin.

>>20794247
If you can open the walls (or have open walls) hide your shit in blank electrical junction boxes. Make sure you have wires coming out of it in realistic lengths and directions for maximum "I don't wanna fuck with that" deterrance.

You could also dissolve it all into nitric acid and then store it in big jugs only to precipitate it out later. Perfect disguise.

>>20797572
You're the dumb cunt because while you were busy stealing all my toilet paper, you didn't even notice all my "aluminum" in the kitchen.

As a family we've got some PM although I personally don't own any.

Is there going to be that supposed dip before the final rise, or should I bite the bullet and get some now regardless, probably paying more but at least actually owning some PM? I don't have much money but I can at least get 20 oz now for the going price, though it would be better obviously if there's a dip.

>>20797709
(((FDR))) on a American eagle is disgusting.

>>20792242
I'd probablby buy it for the meme

>>20798033
fomo now to get a suicide stack you are happy with then slowly add to it though accumulation.

I

>>20796339
The point is that it WOULD be more fair. A delfationary money system encourages saving, and even the poorest person can save enough to improve their life in a big way under a PM-backed currency. The reason people have no savings now is because putting your money in the bank, of putting it under your mattress is effectively the same as lighting it on fire. To save for your future in a fiat, inflationary economy you need to make risky investments and store it in assets. A retirement fund used to be a stack of cash in the bank or in a box under the floorboards, now it's in an IRA which is invested and risked, the rich keep their money tied up almost entirely in assets, liquidity becomes a huge issue, etc.

PM-backed currency (or a deflationary crypto) WOULD be a more just system even if the price of cheap consumer electronics rose. There's also a huge amount of potential for new industry if that happens: PM recycling for industrial use would actually be profitable. You're thinking in far too narrow a band if you believe that the average double-digit IQ person being priced out of a smartphone for the first 40 years of life is a real problem.

>>20798033
Just getting in early because this is so important so that I can repeat this from the last thread because of the urgency of speculation compounding FOMO/FUD

"GDXJ and SILJ will get delisted due to Force Majuere soon, and the people here who are foolishly buying options on them will lose everything as they should. This video will explain it all to you in detail but only if you watch it, in detail and with active learning

https://www.youtube.com/watch?v=XliHE6QgljY&feature=emb_title

You should be doing either one or both or neither of two things,

1) Buying EFTs to hold in your possession i.e. your hands , paws or meathooks, if it's not in your hand at your job you will be canned. Simple as

2) Buying the GOLD and SLV stocks and EFTs on the stock market. This is important!

3) Shorting Sprott EFTs, ETFs and other so called funds of funds. Look into non shared warehouse speciation custodial lots risky scheme ICYMI

Chris Marcus interviewed over a hundred people in the anime futa industry for his book "The Big Silver Shorty Pants," and, when he would ask each one how many owners there are for each mercury dime, he never got an answer lower than 500."

https://www.youtube.com/watch?v=egD6yjimNno

>>20798129
This is the spamming troll. Check IDs when you see a post, if it's this one ignore it.

>This is a logarithmic scale
>the lefties don't know
Feels good man.

>>20798188
The point is that it WOULD be more fair. An infationary money system encourages spending, and even the richest person can save enough to improve their life in a big way under a PaperMetal-backed currency. The reason people have savings now is because putting your money in the bank, of putting it under your mattress is effectively the same as lighting it on fire. To save for your future in a fiat, inflationary economy you need to make risky investments and store it in assets. A retirement fund used to be a stack of cash in the bank or in a box under the floorboards, now it's in an IRA which is invested and risked, the rich keep their money tied up almost entirely in assets, liquidity becomes a huge issue, etc.

PaperMetal-backed currency (or a inflationary crypto) WOULD be a more just system even if the price of expensive consumer electronics rose. There's also a huge amount of potential for new industry if that happens: PaperMoney recycling for industrial use would actually be profitable. You're thinking in far too narrow a band if you believe that the average double-digit IQ person being priced out of a Nintendo Snitch for the first 40 years of life is a real problem.

Force Majuere indeed

>>20797572
google confirms this. I had no idea

>>20798274
Are you a janny by any chance? Considering you keep shitting up these threads and always get away with it. Has reading about people making it while you moderate this board (for free) all day finally made you snap?

>>20798129
Watch this video entitled "each ounce of silver has 500 owners" that's how you know these people these so called zoomies are cra cra or crazy as the boomers say. That means each ounce of silver is worthless. Haha imagine trying to convince 500 people to sell your ounce if you was thirsty. Cra cra I say. These people are out there so you is warned muffugga

>>20798424
Not gonna lie It's not that hard to understand if you are high IQ. It's just that buying physical metal is fundamentally flawed, not because of 32% premiums, those are fine, but because the stock of physical metal just isn't about to be out there anymore. Production was at a four-year-high BEFORE the rona shut everything down. Now everybody and their mother is curtailing production. EVERYBODY! Whats going to happen when they flood the market with that pent up supply? WHAT? The biggest banks in the world have been playing games with physical silber and gold for scores of years. YEARS
Silver is NOT PAPER METAL
Gold is NOT PAPER METAL
When the supply of non paper metal goes up and the people who are CURRENTLY being brought up on RICO charges get outed to the public at large that they're fixing the bloody prices for personal gain, EVERY BIT OF SILVER AND GOLD WILL GO TO 0.
EVERY
SINGLE
O N E.

Good luck. I hope you leverage your gains out now, because when the real squeeze starts to hit, it's going to be way too late to regret your decisions. The consequences of your actions while ordained have never been similar. NEVER!

>>20798427
/biz/ uses IDs. You can’t samefag

Copypasta fud shill out in full cucked force these days.

Bullish.

>>20798424
Why is that so fucking hot?

>>20798563
If you weren't a shill for shlomo the coin dealer charging obscene 46% premiums you would see the video I referenced in this post >>20798427
Is listed in this post>>20798129
Now kindly go back to clipping coins and foreskins while you rape stacklets of their unearned greenbacks from the USA government with your 87% premiums

Dumb question about paper silver.

When you buy paper silver can you sell it for physical silver? like can you pay extra to have actual ounces of silver delivered to you or is it only a claim on the fiat value of silver?

>>20798594
Show me your precious metal profits little boy . ZERO ok go shill your shitcoins to the Silent Generation maybe you can fool them with your stinky linkylogs

>>20798424
is that the faintest hint of bush I see on the far right image? good shit, whats the source?

>>20791296
Buy em anon and feel better than I did buying them at $25 spot price because of that crazy shit the other day

>>20798669
Because you are an incel who has never seen a vagina. Buy some paper metal and level up. SLV slv slv slv slv

>>20791825
With stocks you can go "stoploss hunting" and try to hit all stoplosses which you buy afterwards. So just a way to build up a bigger position in a certain stock.
And then there are also people that say that hunting leveraged products isn't done by banks, since it is their earnings model

>>20791515
Holy fuck mirin that 1981 10oz kinobar

Paper metal it's ok
Physical metal makes you gay
I'm a winner and that's ok
I will be here night and day
Showing newbies the only way
Paper metal makes you not gay
Slv slv
It's the only way to be

Amen thank you sweet babby jebus for loading me coffers with paper silver the only real silver

>>20791523
They would just change the weight it's priced in i.e grams probably. And yeah Crypto can work, if it's tied to gold and silver.
Otherwise what's stopping you from creating more Crypto out of thin air (much like it is today) On top of that, how much energy would it take to farm and supply the whole world with Crypto? How would people in developing nation's gain access and use Crypto?
Gold and Silver is already global and could help some developing nation's come into the world stage finally

>>20798770
Why would you want paper claim on silver that you share with 100 other people when you can own a real piece of silver that you can hold in your own hands?

>>20798728
The idea with some paper silver is that you can take delivery of the silver in the future. The problem with it is that there is more paper silver in existence than there is physical silver.

The worry is that too many people will come to call for delivery at once, there won't be enough physical to meet demand, and your paper will become worthless. This happening at COMEX ins September is a very real possibility.

>>20798747
Masamune Shirow. He's the guy that did the art for Ghost In The Shell and Appleseed. Hentai really is the thinking man's entertainment

>>20790974


(Look at those horses, what are they draggin'?)
(Heavily guarded, what is that wagon?)
(War Wagon, what is it for)
(War Wagon, loaded with gold)


Most men are fightin' for a wagon full of gold
Scratchin' an' fightin' for a wagon full of gold
A piece of land, my cattle brand, a place to rest my head
The feelin' of a woman's love are all you really need for livin'


Three years in prison made me dream a lot of dreams
Sometimes a dream is not as easy as it seems
But wrong or right I have to fight, 'cause when the truth is told
All men are fightin' for a wagon full of gold


(Look at those horses, what are they draggin'?)
(Heavily guarded, what is that wagon?)
Most men are fightin' for a wagon full of gold
Scratchin' an' fightin' for a wagon full of gold
A piece of land, my cattle brand, a place to rest my head
The feelin' of a woman's love are all you really need for livin'


(Look at those horses, what are they draggin'?)
Three years in prison made me dream a lot of dreams
Sometimes a dream is not as easy as it seems
But wrong or right I have to fight, 'cause when the truth is told
All men are fightin' for, a-strugglin' for, a-searchin' for,
a-strivin' for, a wagon full of gold

will it break 93.5?

>>20798918
So paper silver is basically like a bank note that can be redeemed for silver however it's basically a fractional reserve of physical silver.

>>20798918

There's no way in hell jpm will drain their holdings to go down with the ship.

Nah, force majure out, go long, ride the wave up, use the profits to pay fines/bribe.

>>20798970
>Masamune Shirow
His hentai is S tier

Can someone explain (economic not really my thing).

As peter schiff says, us printers go brr brr, few years time economy tanks, dollar becomes worthless.

Up till then if that is the case, value of precious metals (gold) goes up, and when economy tanks, the value of gold skyrockets? or value of gold stays the same, but dollar is worthless, so still value is high?

>>20799022
Exactly. It has much greater counterparty risk than physical, which is exactly what stackers are hedging against.

>>20799021
I can tell you with absolute certainty, yes.

>>20799021
It already did during the night.

>>20798891
>Gold and Silver is already global and could help some developing nation's come into the world stage finally

So are $$$$$ you solved the problem that didn't exist with muh gld and slv standard

>>20799048
+ it seems gold and silver are also affected by economic crisis, value went down during 2007-2009. Isn't it safer to have everything cash, wait or economy to tank and buy stocks cheap for example?

>>20798895
Well for starters, paper silver is 40 % cheaper than physical . That's why most people consider SLV the gold standard of real silver

>>20799048
>>20799125
When the USD inflates and becomes worthless so will most stocks. If people aren't going to be accepting USD for payments because of how hyperinflated it is, they will fall back on gold and silver. Venezuela is a great example; their black market trades in:

USD
PMs
Bitcoin

When the USD is wiped out there won't be another reserve currency to fall back on so most economies will shift to PMs and crypto for purchases until the government comes out with the Dollary Doo 2: Electric Boogaloo

lol, jokinglt looked at the silver prices of those coins and bars, and there is a 20% premium?
I would rather buy a silver mine and mine the silver myself than participating in that kike scheme

>>20799040
Had a feeling /pmg/ was the place for anons of refined taste. We're all going to make it

>>20799048
Value of gold goes up 20% in the nu_$ the usa government issues

You arent buying the yankee stadium or getting bjs or any other muh collapse fantasy

>>20799060
You have Tyronne risk which is 100,000 times more likely

>>20799152
If you wanted to be what is essentially 'digital silver' you are better off buying bitcoin or something.

>>20799241
If you want to fit in around here you need to brag about paying 33% premiums like they were yesterday.

>>20799227
a stock represents a part of the company. So as long as the company doesn't create more stocks, your share in the company will stay the same.
How do you lose value then, considering the company stays the same?

>>20799301
Just like with bitcoin the government can seize your physical metal at any time

>>20797697
I have .10oz year of the. Snake from the 90s. But it's in my other stack

>>20799227
>When the USD is wiped out

You wont be alive in 2120

>>20799357
Because they are valued in USD. Assuming the company survives a currency crisis, it may come back out the other side crippled. There will be some companies that thrive during a currency crisis, but the vast majority will not. This is why people talk about stock in miners as being a good idea because they will do very well during and after the crisis. Keep in mind that during the crisis being able to liquidate such things will become harder as you risk what you pull the stock out into hyperinflating away within a day.

Teuton, Galway, Tudor nice jumps this morning.

>>20799369
Fucking lol. Theyd have to find it first

>>20799125

if the economy tanks, that's fundamentally bad for the dollar. what if the dollar goes down first, or goes down fastest? what do you do then?

When the USD deflates and becomes worthless so will most roasties . If people aren't going to be accepting USD for payments because of how disinflated it is, they will fall back on GLD and SLV. Venezuela is a great example; their black market trades in:

Clean and used diapers (bottom)
Clean and used diapers (face)
SLV
SLV derivatives
War knuckles (40%)

When the USD is wiped out there won't be another reserve currency to fall back on so most economies will shift to SLV and wheat pennies for purchases until the government comes out with the Dollary Doo 2: Electric Boogaloo

>>20799487
He's an anti-physical troll. Fiklter that ID, nigga!

>>20790974
I bought a bunch of silver last month because I thought, "of course drumpf will print money like no tomorrow"

and it is PUMPING SOOO HARD

>>20799369
You know during the 1933 gold 'confiscation' the government didn't actually confiscate peoples gold via house searches, but rather the government simply asked people to hand in their gold. People did it because at that time people still trusted the government (unlike today) and the USD was backed by gold at the time.

Today neither of those things are true. The government today in the USA cannot even stop rioters from looting businesses. How are they going to confiscate peoples metal? Do you really think the government has the capability of busting into millions of peoples homes searching everywhere for precious metals?

It feels like you are lazily fudding anything that isn't paper silver.

>>20799611
just request the customer info of gold sellers?

>>20799567
Too bad you gave your profits to shlomo the coin peddler chump

>>20799673
It's not about getting the information, it's about mobilizing troops to kick in doors and physically take it. They run into the same problem they would run into with attempted gun confiscations: people shooting them. Tons of PM owners are preppers, even more are "can't trust the gubment" types who load up on guns and ammo as well.

Not everyone would shoot, but even a small percentage of people firing on the feds coming to steal their shit will make those officers think twice when considering they may die while stealing people's shit for the government.

>>20799611
If its illegal to own gold have fun trying to sell it you could lose your gold and go to pmitap

>>20799702
Paper silver is gay as fuck as all your trades are reported to the IRS

>>20799116
>26,000,000,000,000 in existence and counting
Yeah can't wait till 50,000,000,000,000 are in existence. Very valuable. And other nations TOTALLY don't see the dollar collapsing

>>20799926 check out >>20799516

>>20799894
Meanwhile you will get a $1,000,000 fine for not turning in your batboi for its $5 face value. Paper silver will be exempted

>>20799894
Did you forget about roth IRAs kiddo or just never have a job

WE GOT TOO COCKY SILVERBROS IT'S ALL FUCKING DUMPING THIS IS THE RUG PULL GET OUT NOW AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>20800035
lol

>>20799369
>I lost it all sorry officer

>>20800122
dump it

...guys

>silver price stays low
that's a good thing

Is dxy gonna dump this week bros?

>>20799702
>Shlomo the coin dealer is somehow different than Shlomo the tax collector

>>20800318
They are both voluntary taxes on the stupid,

>>20800367
So then you are just as voluntarily stupid, yes?

The silver slammers are back. Well...it's was fun.
Maybe next year

>>20799702
Man I remember when your posts were at least medium effort. Now theyre just shitty copy pastas and paraphrased reposts. You must think it's really funny or you wouldnt bother but it really ruins the vibes of these threads and I wish you'd stop. Helping temper people's expectations and teaching them is cool but not the way youre doing it :-/

>>20800544
>tfw waiting to buy in for the first time
DROP THAT DIP REAL LOW
YOU SCARED
YOU SCARED

>>20800612
tfw waiting to buy 350 more.

>>20800412
Yes I avoid shlomos premiums and federal income tax because I'm not stupid like you

>>20800544
Hell I’ll take it and buy another bundle.

>>20800612
based peper

>>20800612
Ehh, wake me up when it hits last week's close, now /that/ would be a dip I'd buy in at

do you guys think that PMs are waiting for the fed meeting later today ? feels like what news comes out of that could affect PMs in a good way depending on what they say.

>>20800544
Kodak is the new shitcoin. Silver is dead.

Imagine paying a 43% premium after I mocked you for paying a 34% premium and then watch your "investment " crash by 32 cents and you start crying

>>20795036
DMT needs way more time to pan out. In what world did you think it was playing out right now. Its stimulus season right now.

>weighs stack
yep. still 340 troy ounces. same as last sunday

>>20800687
You are missing the point, newfag
If (((they))) still control silver it will go NO WHERE

Yes, just as I planned, couple more dollars and I can start buying again.

hay guise

>thread from last night is still up
Maybe it’s not that bad, bro’s...

>>20801051
BOBO NO!

>>20799766
Another thing to recall is how many people actually had gold back in the day. So few people have it now it literally makes no sense to make it illegal.

new >>20801307

>>20801051

Ordered 9 1/4 oz gold coins (in my country they are better deal than 1 oz) and 140 oz silver.
Going to the store tomorrow.
Have we got any chances that the price doesn't go to 2000 after the Powell's statement?

>>20800980
Underappreciated post

>>20802020
If you look at the market, it seems high that it won't in the very near term. I wouldn't bet on it, however