/biz/ - Business & Finance

>>22039807
man i'm so glad i assassinated the new OP copypaste

Supercomputer tongues my anus

You did listen to me, didn't you biz?

Threadly reminder to stack gold and silver, not [Embed]s.

FWTDHWAHQUAD Status: Pondering Fall wardrobe

God bless Paul, Schiff, Maloney, Sprott, and the rest of our cannon. In the month of September we break $30 silver forever and 2.1k Gold forever.

>>22039844
tbqh, the OP is hard to manage. I've only baked it once and found it to be a real pain in the ass.

>>22039888
Checked. I'm eyeing up KO, CMCSA, VZ, TGT, WMT, Major banks, insurnace esp brokers, industrial miners, now SK Telecom - thanks pete, and a few REITs. A lot is overpriced, but I'll keep adding KO since it rises really well on dollar weakness.

>>22040002
>>22040024
>>22040046
very, very nice anon. This looks a lot like my personal experience.

>>22040113
Those charts are excellent. I've found monument to usually have the best normal pricing, at the cost of less selection and a janky website. Their packaging game is strong as well.

rolling for big asian momentum

WOAH NELLY! Slow down there buckaroo!

>>22040213
reroll

>>22040237
It wasn't even that long ago that we were fretting about $26 being rejected and settling at $24.5.

>>22040237
>When link memes are so strong gold copies it.
The lack of a pepe is disturbing.

>>22040249
Rerolling is the gayest thing you can do on 4chan

>>22040046
Monument Metals has the best premiums for Silver Eagles right now

>>22040213
we're about to get a europoor boost in the next hour or so

>>22040213
Dead soulless eyes

>>22040299
Here, just for you, you damn dirty n

>>22040324
Bug eyes.

time to pass out, how much will silver be up when I wake up in 8 hrs?

>>22040336
Every time I see this, I think of the stock NIO.

>>22040113
Thanks,. Just going to keep gathering it. Im really trying to see how they react to big price moves, both up and down, and who consistently is cheaper than others on a regular basis. Im working on some other metals related stuff but these COT reports and delivery reports are absolute cancer to try and work with.

>>22040478

Shit is going through 30 before close

Got some ratty old Peace dollars /pmg/

I like them tho

>>22040311
Checked. It's coming.

>>22040658
When they're tarnished like that you know they were actually circulated instead of just hoarded in bank vault. Gives them a lot more character in my opinion.

>>22040478
$26 after the 2 am dump

Can I please get a QRD and an update on housewife status? Just checked the news for the first time in a month, WTF
500 oz here btw

>>22040658
That eagle is probably the most aesthetic eagle ever to grace coinage. I love the eagle on this coin too German coin, but nothing beats the Peace Dollar.

Is it retarded to buy 1/10 coins? They are so much over spot compared to 1oz coins and bars. What is the appeal of these besides the lower overall price?

>>22040898
The only advantage to 1/10 oz coins is their divisibility which will make them more desirable when Gold moons. I don't really see them as being worth buying, though.

>>22040898
I bought some, the only reason to ever buy anything under an ounce is either to A) have smaller denominations for when a event happens that requires you to use Silver as money or B) they are on super sale.

>>22040113
Nice to see we have some photographers here on /pmg/

>>22040777
checked and fuck you, silver $30+ when I wake up

With zero interest rates for at least the next five years silver is guaranteed to reach the previous high of $50 if not more. $150 silver is even possible if silver reaches its inflation-adjusted high.

>>22040960
>>22040950

So this is essentially "prepper money". I don't have the money to waste on high premiums. I think I'll just only do 1oz bars

>>22041052
I would just buy ounce rounds/bars. while you're at it, get a scale and something to cut with and you'll be fine no matter what happens.

>>22040777
This. It’s all so tiresome.

>>22040998
Off by 1 anon
>>22040777
Checked - please bring it back down to at least $20.

>fractional silver
just buy "junk" silver for that purpose

>>22041516
>just buy "junk" silver for that purpose
Some places have taxes for gold and silver under .99 purity.

>>22039807

This was my stack back in 2015...

>>22040213

I wan to prone bone her into pregnancy.

>>22041051
First things first...break the 30$, then we can moontalk

Ahem where’s my fucking pump

>>22041783
It's gonna dump again, wait for 9/11 to see major action

>when he thinks the value of his "investment" went up when really the purchasing power of the dollar is falling

>>22042016
Yeah, that’s why we brought gold dummy that’s it’s soul job

wtf is up with gold futures. Is everyone buying treasuries?

Post bats

>>22042016
It's good either way

>>22042101
Partially. Also paper smackdowns and other market control autism.

>>22042016
>that feeling when you think you are rich, but you begin to realize you are just way less poor than everyone else.
it hurts so good.

>27.80 REJECTED
THAT'S RIGHT
LINE GO UP

>>22042016
That is the whole point, real gains (adjusted for real inflation) is good and all, but PM's are mainly as a hedge

>>22042367
Kind of. I mean after gold crashed in 2012 the dollar didn't become worth more, gold was just on sale. I think if we zoom out enough it roughly tracks the decline of the dollar, but, not year to year movements.

>>22039807

>didn't buy silver last week when it was low

Gonna try to buy $300 of silver tomorrow as soon as I wake up. Been poor waiting for some various payments.

>>22042461
I didn't have powder last week and couldn't convince my mother to buy more.
Now I'm getting paid again and she's buying more after the three gorges began it's spillover. Let's see how long the actual dam itself holds out with the entire might of the dragon slamming over it.

When this goes back up, you're gonna see some serious shit.

>>22042411
Checked
With PM's you play the long game (pic related). Over long time period it grows very slowly, so don't forget to diversify (stocks, housing etc.)

>>22042461
It’s literally ~2% higher “missed the boat” Lol

>>22042424
It blows my mind that whenever you bring up either re-monetization of gold/silver or revaluation due to institutional money moving into PM, and the gorilla black normie retards always say:
>Lolno there isn't enough metal on earth to do that

Are they retarded? No shit they can't account for all the value of the US economy at their current prices. That's why they would have to go up. Do they not get that things move in price based on demand? What the fuck do they think drives stock prices except demand?

>>22042461
>>22042628
>“missed the boat” Lol
I always laugh when people are talking about Silver being "high" right now. If you think it's high right now, wait until we add another 50 trillion dollars in debt lmao.

>>22042607
How do we find more current information than this? Are there any metrics that approximate it in (closer to) real time?

>>22039888
> every time i listen to /biz/ i lose money

>>22042669
>I need to pay $0.03 in sales tax but I can't find 2 molecules of gold
it's just not practical for everyday commerce.

>>22042780
>I need to pay 3 cents
>I wonder how people payed in cents without the modern Fiat system
are you sure you're alright friend?

>>22042885
not sure how other countries did it but in the US we minted gold, silver, copper, and nickel coins. All of them disappeared from circulation almost immediately after being released because people hoarded metal.

so then we did business with bank checks, IOU's, tokens, and credit.

we kept doing that until gold and silver couldn't be found anywhere in trade outside of banks and national treaties. Then we crashed the silver market and did business in silver that was worth less than the gold or copper it pretended to trade with. Finally we converted to nickel, steel, copper, and lately zinc coins that are worth far less than the gold they presumably could buy.

but at no point in our history did gold freely circulate, and silver only rarely did after we made it worthless.

>>22042607
Why would the velocity ever go up again?

>>22042943
>but at no point in our history did gold freely circulate, and silver only rarely did after we made it worthless.
we don't need it to "freely circulate" we need it to be used when necessary and have a standard by which to judge value. That's what a "gold standard" is. We need set values to the price of gold so the Fed bankers can't just print a trillion dollars whenever they wanna buy a new boat.

>>22042780
Except we live in the era of digital banking transactions. How do you think banks handle moving the cash they're required to keep on hand from one account to another? Do you actually think that they're sending couriers with 1.49 to Quick Mart's bank every time you buy a coke on the same day? Accounts are settled by seeing what the net changes are over weeks or even monthly, and then moving cash. And if you converted your bullion mass into a digital neo dollar account with banks moving ounces to mg of your metal to settle accounts at the end of the month, that's not as crazy as it sounds.

Lets say that silver was revalued at $4000/oz in terms of current buying power. 1 cent of buying power would be represented by 1/400,000 troy oz, which is 0.0777 mg of silver. Obviously this is a tiny sum. But it isn't outside the range of accuracy of extremely sensitive analytical balances, and even if it were, they could just round up a penny or so until it became manageable to measure again. They already want to just round pennies up to the nearest 5 cent increment anyway.

The real meme way to dole out microgram amounts of silver would be via dilute solutions of silver salts, but that's pretty stupid.

>>22042982
yes, but the reason it failed in the first place is the scrip was never able to be traded for the metal.

so it wasn't worth the same. The paper was never worth what it said it was and the coins weren't either.

>>22042943
>>22042780

>>22043007
I'm not talking about banks.
I'm talking about the average person buying something with cash at a store. It's not practical. You'd have to substitute in paper or copper or some other proxy for the small amounts and then you're right back where we started. You're back to the reason it stopped being money in the first place.

>>22043023
>the reason it failed
>he thinks the gold standard failed
it did exactly what it was supposed to do, bankers and government goons didn't do what THEY were supposed to do. if they would have actually stuck to the gold standard, none of that would have happened.

>>22043040
>we need to remonetize metals but adjust the value to reflect money supply and then substitute something other than metal for physical trade.
congratulations /pmg/, you just re-invented fiat.

the only difference is we'd be rich, and there's no fucking reason in the world every nation out there just wants to make us rich.

>>22043062
maybe. It would certainly contain government spending and debt.

not a wise choice for the US though, I think something like half our employment and GDP comes from government spending and debt.

>>22043079
>and there's no fucking reason in the world every nation out there just wants to make us rich.
>make us rich
Who is this "us" you're talking about. You don't own any precious metals? You might have meant we, as in, the rest of us in this thread.

>>22043120
I own enough that if they remonetize silver and gold I'll be extraordinarily wealthy

>>22042669
I find it hilarious that even in a relatively inactive part of 4chan it's watched 24/7 in case someone gets off the plantation. The arguments are basically child like or even worse. Just keep on staking.

>>22043049
It stopped being money because a pm standard has it's limits. You cannot print infinite amount of money, you cannot do QE and REPOs like we are doing right now. (((They))) are not interested in limitations like that. Nevertheless i can see a digital currency like state cryto backed by PMs coming in the next years.

>>22042151

>>22043152
you're right on both points.

but at the practical level, going to the store and buying groceries or filling up a tank of gas or whatever, people aren't going to use it.

>>22043168
Nobody has to use PMs as a method of payment, it just needs to be the backend of that payment method.

FIAT value currently is solely build on trust and this trust is fading away. Not even going to start what economical disaster we are currently living in.

>>22043148
It is amazing that in this tiny corner of the internet, where almost nothing ever happens, we still have Shills telling us how great the Federal Reserve is. I guess when you have unlimited money that you give to people who never go to work, there's gotta be lazy people at home willing to shill for the system.

Psalm 12:6
The words of the Lord are pure words, like silver
refined in a furnace on the ground, purified
seven times.


Jeremiah 6
Impending Disaster for Jerusalem
27
“I have made you a tester of metals among my people,
that you may know and test their ways.
28
They are all stubbornly rebellious,
going about with slanders;
they are bronze and iron;
all of them act corruptly.
29
The bellows blow fiercely;
the lead is consumed by the fire;
in vain the refining goes on,
for the wicked are not removed.
30
Rejected silver they are called,
for the Lord has rejected them.”

>>22043206
>FIAT value currently is solely build on trust and this trust is fading away.
yes, but at the level of the people. As you point out the government absolutely doesn't want to get rid of fiat. The forces are exactly reversed. People want the gov to be limited, not them. The government wants the exact opposite. This is a great scenario for a revolution, but that's exactly what it would take to change things. Not just in one nation, but all of them at the same time.
>>22043210
I don't favor fiat, I just think it's retarded to imagine it being replaced at this point. You get rid of it and it'll just pop back up with a different name. It's far too valuable a scam for those in power to give up.

what was happening with the comex deliveries?
All open interest for september has dried up?

>>22043275
Fiat isn't going to be replaced because the elites feel like it, it's going to be replaced because there is no way to continue the scam. they are running out of people to sell debt to, and inflation is reaching a tipping point. you can't keep printing trillions for very long before normal people start feeling the theft. when people can't buy bread with a 20$ bill they are going to get really, really angry.

>>22043371
you're probably right

but what you guys propose is just another form of fiat with a pretend metal backing. It has to be otherwise we run into the problems we had before- other countries printing their own fiat and then using it to buy all our gold and silver off the market.

Two questions
1) do you think that in the event of a currency reset in which PMs get revalued to the moon, they would try and charge capital gains tax on anyone who tries to liquidate a gold coin for 50,000 nubucks?

2) where should I hide my PMs at home?? Every time I think I have a spot, I second guess myself
>guitar case
"what if they think I have a valuable guitar and steal the case"
>box of random cables, wires and old AV stuff
"what if they think there's something valuable in here like a stereo and steal it??"
>old pizza box in the basement
"what if they like pizza?!"
I don't have anywhere out - of - site to put a safe, nor anywhere I could bolt one down. So that would just be a big sign, "hey robbers I left all of my valuables in this nice case for you!"
Maybe I'll just bring my stack over to my parents house...

>>22043428
2. does your home get broken into often?
I've had PM's sitting out on my office desk for the last 18 years and nobody's ever broken in to take them. Nobody knows I have them, but they're not hidden.

>>22043428

If the tax is greater than what it would take to launder the gains tax-free then launder the gains. Otherwise pay the tax.

>>22043428
unironically, put it in your toilet. as long as you don't put cash (it might get flushed away) you'll be fine. no one ever looks in the toilet.

How are your assets distributed?

>1/3 cash/liquid for future purchases
>1/3 gold/silver
>1/3 stocks (large chunk of which are miners)

>>22043464
I also have left mine out before, but why risk it? They would be gone in a flash if I ever got burgled even once

>>22043492
What if I have to take a shit? Also isn't this a place that cops look all the time (drug busts etc). I would want the hiding spot to be confiscation resistant too.

Bumping with some crap I found with a metal detector

>>22043804
Box in your attic labelled "christmas decorations" under some tangled wires or whatever.

Obscurity is the best security.

>>22043675
41% house
30% PM
11% Jewellery
10% Stonks
8% Cash

Little low on cash but planning to start up a jobby to get some more.
brrrrrrrrrr.wav

>>22043675
99.9% business equity
.08% houses and vacation property
.02% cars, coins, art, electronics, boat, etc.

>>22043953
Post stack

>>22044086
>>22043807

>>22044117
Yeah right

>>22044148
kek
do you want a timestamp?

>>22044157
Yeah

>>22044203
here ya go!
my stack

SILV shill is asleep, everyone post some metals.
>>22044340
how long did it take you to find those?

>>22044573
>SILV shill is asleep,
I've been called SILV shill at least 20 times in the last week, and I'm not even him. I think he left and is living in your collective head rent-free
>how long did it take you to find those?
30 years detecting 40 hours per week 9 months a year. Silver is extremely rare in Western ghost towns. I've only ever found one gold coin, and I gave it to the ex wife. I've got a few pounds of V nickels and indian heads and other assorted old pennies and nickels.

I bought a 1oz 999.9 gold coin yesterday, my first ever PM.

>>22044785
we are mostly joking about the shill, although he was a particularly annoying shill. posting interracial porn, saying buying PM's was gay, arguing about National Socialism, and generally trying to rile everyone up.
>30 years detecting 40 hours per week 9 months a year.
that's extremely specific. where do you do this at?
>>22044857
congrats. feels good in your hands doesn't it?

>>22044573
nice ring, what's it say?

i researched this mine and turns out it changed names in the 70's. I feel cool to own this. I still remember picking these bars up at Kitco in Mtl. The woman behind the counter seemed pissed at me.

Weird.

>>22045042
>he was a particularly annoying shill. posting interracial porn, saying buying PM's was gay, arguing about National Socialism, and generally trying to rile everyone up.
Oh I was here for all of that. I even helped you guys report the enormous black dicks last night. But he's more than one person.
>that's extremely specific. where do you do this at?
Old ghost towns in central Colorado. I'm not actually looking for gold or silver though. I'm after the antique saloon and whorehouse tokens because they're generally worth more than gold. I find an average of one per month, so it's not a paying gig. Just a hobby in my retirement. Also I almost never manage to sell what I find because I like it too much, but sometimes I'll sell off a token if I find multiples.

>>22045184
>nice ring, what's it say?
Meine Ehre heißt Treue
it's an old German ring, it's actually illegal to own in Germany, but they were manufactured briefly there in the 90's by a Right Wing group as a protest. It's a very cool piece of history. That bar is awesome! I love little historical stuff.

>>22045258
nice, I wish I knew German - my dad spoke it but didn't teach us.

I did pick this up from husband's dead grandma, I think it belonged to her sister originally. A piece of history is right, prost!

What do you think of the new Perth Mint Quokka anons? 30,000 minted first year they have done this animal.

>>22045424
what is that in the picture?

>>22045483
based, love that happy thing
lemme find a pic i saved more than a decade ago.. there

>>22045487
pin type thing. cute eh?

>>22045708
>File: linkers are ball garglers.jpg
lmao

>>22045640
Based love those little guys. Would definitely go back to rotty just for em

Newfag to /biz/
Never had any money because medfag.
Now, at 26 years I'll finally start earning some money as a scrub.
I want to invest in something to at least not be fucked over by inflation.
Crypto feels like a bubble waiting to burst. I do think there's money to be made there if you're lucky to bet on the next "google" but the odds of landing your money on the winner are slim no matter how much research you do.
Stock market return on investment is said to fall in the coming years to 5% average per year, which either barely beats inflation by 1% or loses to it depending on how things go. Besides, a bear market is looming and no one knows when it will come.
This leads me to precious metals. They go up in value during an economic crisis, so it feels like buying now is the equivalent of buying high. Even so, does it beat inflation?
I need some wisdom here /png/, help a green noob out.

>>22045708
that is a very awesome pin.

>>22045905
You've done your own research and have come to your own conclusions. You don't seem to like much of anything. You sound like you need to read some books.

>>22045905
well silver about doubled in the last couple months because of the US financial crisis and stimulus response.

I don't think the US financial crisis or stimulus is anywhere close to being finished. Personally I think silver in particular is set to beat inflation hugely. Gold has less room to grow but should beat inflation as well. We're also seeing a drop in production, but that's overmatched by a drop in industrial consumption.

I can't tell you what to buy, I'm an idiot at investing. But the smart money seems to be in silver and gold right now.

>>22045905
Stocks are mostly ath now propped up by the Fed printing money.
Metals are high posed for a financial collapse of fiat due to hyperinflation especially the USD. Best to get some just in case.
Cryptos are booming because of yield farming in defi which is basically a rug pull waiting to happen. Aave's lend for example does nothing and isn't really needed to interact with the platform.
Link is the only thing I'm bullish on because it powers the next generation of blockchain tech and gives us what eth promised in 2016. Pic related is a summary of the weekend summit.

>>22046081
Sounds good to me, thanks.

>>22045042
Haven't had it yet I'm afraid, I am really excited to holding it and getting more in time.

>>22046191
Thanks for the tips. Link sounds good long term, might put a small amount on it and see what happens.

Newfag here, best place to buy metals online in Europe? Also, silver coins or 500-1000g bullions? Why? Bought 100g of gold localy, but bullions are out of stock for three weeks now.

>>22046366
Plenty of online stores; but prices vary a bunch as well as shipping cost depending on your location.

I use https://eu.compare.pm to see real-time price differences for EU shops and then decide on where to order based on shipping price.

>>22039807
Crash incoming at 9:25 AM by JPM!

>>22046986
i doubt it...

>>22046986
He cant keep getting away with it!

>>22046986
We can only hope

>>22046986
I hope, I want to get some more.

>>22047179
>>22047161
>>22047147
>>22046986
>oh no a crash!
>price of physical remains unchanged
>still cant buy for under $28/oz

Silver is divinely protected, stop worrying

>>22040021
Rolling for $30 TODAY

>>22046986

>>22040324
Just Asian things

>>22040898
I bought 10oz and 5oz bars, and then mercs for small shit

>>22047234
Where can I buy for under $30/oz?

>>22040998
>Nice to see we have some photographers here on /pmg/

Hey guys, I just bought my first stack (just 5 silver coins), and they came in a small fabric pouch, but for some reason they smell bad. Like, really, really bad. Like, week old dick cheese vinegar vagina bad. I ordered them from one of the biggest suppliers in my country.

Is this normal? How can I get the smell off without damaging/tarnishing the coins? Can I just use cologne? Is it even worth it trying to save the pouch?

Its so bad, if i have the pouch in my backpack, I strongly smell like an obese single mother with a yeast infection.

>>22047571
Acid

I wonder how much silver she's holding

$29 today lads

>>22047571
dip the coins in 100% acetone for 2 - 5 minutes, remove any capsules (they will melt) then afterwards rinse with demi-water. Remove any excess moisture with a paper towl. Acetone will remove any organic contaiminants on the coins

Wasup shinny rock fags. Linker here who is diversifying. Cashed out my 401k. This weekend I grabbed

>50 silver krugerrands,
>50 Aztecs,
>2 rolls of junk quarters
>1 gold krugerrand.

Yes I like the krugerrands. Im part dutch and my family was responsible to getting those nigs under control in South Africa when they settled. I always heard the term krugerrand and it was the defacto shiny rock option from that portion of my senpai. My goal is to have easy to sell, recognizable metals. Not looking to collect fancy shit. Just want to grab some coins/rounds closer to spot. I lost all faith in our monetary system and realize that when Trump wins again we are going to have even more civil unrest than we do now. Am I gonna make it?

>>22047797
Krugerrands are based, I love the 2020’s since they have the ‘20’ on both side of the coin

Soon.

>>22047797
hello fellow boer-bro. the reason you stated is the same reason i collect krugs, both ag and au

>>22043428
I have some very valuable houseplants

>>22047797
Glad to have you based settler descendent

>>22046986
> 30 minutes left

Pump it

>>22039807
Where can I sell my silver eagles. I've seen them go for 33$

>>22047797
>My goal is to have easy to sell, recognizable metals.
krugerrand, maple leaf, sovereign and vreneli are widely known.

>I lost all faith in our monetary system
i don't share your opinion but if i'd do i'd keep a cash reserve nevertheless. if you need to pay for surprising expenses it'd be painful to sell gold/silver in a dip...

>>22048400
>>22048515
God speed anons. I laughed at you rock fags thinking (you can’t eat rocks or shoot people with rocks). I have seen the light. The new “who gives a fuck about inflation” policy the feds are on, as well as the massive civil unrest and in general the obvious move to paperless transaction, I finally saw the light.

I hope u rock holders own some LINK too.

>>22048708
I keep 5-10k usd cash that Is in a secure location but is accessible very quickly.

I find it funny that us precious metal holders are people who will contrary to most people who are going to get wiped out by inflation and the death of fiat currency are infact going to profit immensely from it.

Not only that we are literally the free market mechanism that ensures precious metals will recirculate to the general population because I know many of us once the dollar will die and gold and silver return to sensible valuations will then have the capital to purchase houses, cars, vacations, land, whores, food and drink e.c.t

this will directly give the common man a means with which he will obtain gold and silver. This is the invisible hand of the free market still working in the shadows.

The profit/opportunity of buying precious metals ensures that the free market chosen money of choose gold and silver will inevitable return to it's rightful valuation. It really is amazing how us stacking precious metals is us simply being another force of the free market.

im meeting someone from craigslist for junk am i going to get stabbed
whats the best junk if i have an option? quarters?

>>22048660
Wish you could sell them to me. I snagged some at $16 an ounce but I’m still accumulating because brrrrrrrrrrrrrrrrrrr

>>22045193
Do you have any tips for someone looking into metal detecting? What is the best budget detector? My grandpa has a good bit of land in North Carolina that I can poke around.

>>22048751
than proceed with collecting krugs

Should I buy a kg of silver now or hope it goes back down to $27?

>>22048726
I own some link. I don't follow the crypto scene to closely other than listening to this guy.
https://www.youtube.com/watch?v=k_eVGtzC1to

He seems to me to have the right mindset and idea about how to profit from the crypto markets.

However silver is definitely the home run asset to hold in my opinion. a tenth of a ounce of silver has historically been the daily wage of a laborer or a soldier.

>>22048763
Go to a coin shop dummy. Unless they have a scale your going to be paying based off face value, you have no clue the weight in ounces your buying. Hard to fake junk so if you must use CL meet in front of a police station.

>>22048887
>Unless they have a scale your going to be paying based off face value, you have no clue the weight in ounces your buying
Isn't this how it works when buying junk from anywhere?
Don't coin places charge like 20% over spot?
Also thank you for the response I do appreciate it.

>>22048863
Link is going the largest appreciating asset class over the next few years. Some interesting news dropped about deco being acquired by link.

My dca is around 2usd. I’m up 6 figures over the past year. 1000usd per link is a true reality within the next couple of years.

>>22048863
>tenth of a ounce of silver has historically been the daily wage of a laborer or a soldier.
And that was when the population was much much smaller.

>>22048953
Most coin places sell junk barely above spot, even right now. I bought at like a 3-5% premium a little while ago

>>22049051
I'm bullish as fuck on pms. But just to be fair, the circulating supply and mining output was also smaller then

>>22049088

What is the exact math about the precious metal to person ratio today?
The human population now is magnitudes larger than it was back then, however we also mine much more.. We also now devour huge amounts of silver for industrial uses.

>>22039807
Nice visual article
https://www.visualcapitalist.com/silver-bulls-how-silver-performs/

>>22048994
Based. Good to see so many linkies are pm bros too

>>22049051
>>22049088
>>22049179

The supply of goods and services that can be bought is relatively magnitudes higher than the change in population and the change in mining. People could have bid down wages in metal too. There are too many variables to figure out. There are about 4 people for every 1 ounce of estimated fine silver in the world.

>>22049331
I remember peter schiff talking about how prices decreased throughout the 19th century in america due to sound money and rapid industrial advancement. However for the last hundred years we have had unprecedented technological advancement combined with endless currency debasement of a fiat money supply.

Despite us becoming several magnitudes more efficient in the production of goods and services the prices of all goods and services has risen substantially.

>>22049328
Christ youre a faggot. Fuck off to one of the 40+ link threads.

>>22047370
>Posting censored shit
NGMI

>>22045193
I mean, I like the look of that Seated half dollar. If that's not what you're looking for, I could be interested, if the price is right.

>>22048222
I know. I have a 2018, but would love a 2020 for just that reason.

>>22048763
Multiply the face value by 0.715 to find the silver weight of your purchase.

>>22049328
Link is just a means for me to buy more silver.

>>22049639
Yeah, but not in the new stuff, which takes a higher portion of income. "adjusted for inflation" cell phones are probably like 95-99.9% cheaper than they were in 1999. Cars can't even be compared to what they were in 1980. It's really not something you can figure out with any degree of certainty.

Checkem, $30 EOD

>>22049805
Try $23

>>22049750
Really depends what cell phone youre talking about. Yeah, you can get an absolute dogshit ZTE burner phone that works for 2 months for $100, but most people are still buying $1000 Iphones. In fact most people are mortgaging Iphones. Flip phones were expensive, but they were not $1000.

>>22042016
you are correct, but increasing inflation will also increase demand for gold and silver. that way PMs are also a leveraged bet on inflation

I have SLV 27 calls for friday... Don't know if I should hold, or sell and wait for a dip and rebuy

>>22049805
>>22049818
I'd be happy with 28.50 for eod.

>>22049826
That's the point though. The dollar cost hasn't changed much, while the actual utility derived from that dollar amount is probably 100x higher. Buying the same phone as in 1999 would cost like $5 and most of that would just be logistical cost.

>>22049920
Those "vintage" nokias actually go for a lot lol. Not sure I'm following you though. Comparing the cost of a depreciating asset from 20 years ago with today is pretty irrelevant.

>>22040200
>https://monumentmetals.com/
Have you ordered from monument? If so, more than once?
I've been an Apmex guy since I started stacking early last year. I was lucky to get in when silver was $15/toz and the Apmex price for ASE's was just over $17, so I have no regrets. However, in this new market, price-over-spot matters more than ever.
Let me know. Thanks anon.

>>22050025
This, also phones(like TVs) become cheaper and cheaper to make per util.

There are tens of thousands of different factors that are going to influence the actual purchasing power of precious metals once the dollar dies.

One thing to consider is that a world where the USD is dead and most fiat currencies are in the process of dying is going to be very volatile. The end of the USD as the global reserve basically means the end of the global economy and world order as we know it.

Have you guys read the books or listened to the presentations given by Peter Zeihan? He gives a rough approximation of what the world is going to look like in the future.

>>22045905
>Crypto feels like a bubble waiting to burst.
DK why you feel this way, crypto is like the only thing that's not in a bubble right now.along with metals and miners. Yeah Uniswap scams and defi are popping off rn but the space as a whole is still well below 2017 highs.

>>22049818
Noooo don't you dare

>>22049818
Nah $15

>>22050025
That's how you calculate the value of dollars. Cell phones and cars are capital goods that didn't exist in their current forms 20 years ago. Straight inflation adjustment over that time period is literally impossible because you have to assign numerical values to consumer preferences that will have error rates larger than the yoy change in the money supply for most years. Getting paid 1/10th of an ounce of silver in 1300 is hundreds to thousands times less than getting paid that dollar amount today, if you remove housing costs. In 1300 that soldier would have gone to the store to buy actual wheat that was produced at around 1/1000th the output/labor hour than we have now. That soldier today would have bought refined flour and sugar.

This is something that is not possible to figure out with any remote degree of accuracy

>>22050281
Well I agree with that but I dont think calculating inflation of core necessities like housing and food from the past 200 years or so is much of a stretch.

>>22046986
nothing. lol

>>22045193
>whorehouse tokens
tell me more

What scales does /pmg/ use
Just ordered pic related ah yes and a bunch of silver of course

>>22050281
inflation calculations should be based on the cost of necessities
food, housing, energy, education, healthcare
these have all been completely removed from it

>>22043897

why isn't she using a cutting board? why is her knife grip suboptimal? damn right things could be better.

>>22050672
Increased wealth means an increase in the portion of income spent on luxuries. I'm talking about people using the "1/10th ounce of silver a day" measurement. Housing, energy, food, education, and healthcare are all cheaper per labor hour than they were in 1600.

>>22050672
This. The phrase
>if you remove housing costs
is kind of telling. Inflation should ONLY be calculated by determining using essentials like housing, healthcare, food, energy. Sure, use a large basket so that productivity gains in a particular good doesn't impact too much, but inflation should be apparent in the basket as a whole. We've been running actual inflation of at least 5% and it's about to get much worse.

>>22050818
yea and those luxuries should be removed
instead they are all that is counted.
because its deliberately inaccurate

>>22050818
Most people were serfs in 1600, they "paid" with labor and it wasnt very much, only around 20 days a year.

>>22045483
tried to get some from bullion now but they sold within hours and still waiting for approval from perth mint but i think ill miss out by the time it comes through. I only wanted one for a bit of fun as well.

>>22042142
Are they in stock anywhere? I want one bad.

>>22045483
it's a cute. i don't care about numismatics or semi-numismatics, but if i get the chance i might get it for that reason alone

>>22045483
Why did they put an image of a rationalist on their coin?

IT'S HAPPENING

>>22051375
what does the thot have to do with anything

>>22051375
that's a cow

>>22045483
it's funny how all year they were sold out but now that the price spiked they have $50 quokkas

>>22051375

>>22043168
Of course not. As the other anon said. A pm backed digital currency is more likely, tho not supper likely. Most people won't be walking to the car dealership with a handful of batbois.

Any bullion bankers in the thread? Can we get a smackdown please????

>>22051639
>PM backed financial derivative
Rigged, manipulated, fake reserves
>PM backed digital currency
Totally legit

The absolute state of /pmg/

>>22051434
soon I will buy a Russian virgin e-thot
>gib milk

>>22045483
>>22045640
wow those are super cute and now I must buy one, and I don't really have money to spend, curse your perth mint

>>22051776
>virgin e-thot

>>22051670
we gave you a smackdown two weeks ago. that was your last chance to accumulate anon

>>22046191
the best buys right now are random stocks that will keep paying good dividends that people haven't noticed yet

Market is popping off. Suddenly aurcana is actually doing something other than shitting itself in the corner. Still think it's performance is shit compared to others though

>>22051901
At what percentage is considered a good dividend? Both GOLD and NEM pay dividends(1.1% and 1.5% respectively).

>>22051966
If this continues on for more than a few months, you'll definitely gain value in it.

>>22051776
>buy a Russian virgin e-thot
have you ever heard of briffault's law?

OH NONONONO PREPARE FOR FREEFALL AHAHAHAHA

10,548 silver contracts open final number after Friday. Over 50 million ounces stand for delivery.

MMMMMM THOSE FIRST SILVER GAINS

>markets are all down

>i'm still up because i'm 75% all in on gold and silver

who else /comfy/ ?

>>22048763
>>22048887
should I actually be worried about this?
Probably not gonna buy a gigantic amount only like a grand.
What's the most interesting junk if I have the option? Dollars?

>>22052066
I've been buying farmland reits that yield around 5%

>>22051966
>aurcana
checked, just bought these miners last week including 5,000 shares of Aurcana. A funding announcement makes it a 10 bagger+

>>22052115
I honestly hate the stock. My other metal companies all have strong growth- could this one be a bomb in 6mo? Sure but my other companies will have grown during that time. May just dump it once it goes positive.

What is a make it stack in silver? And my bat boy coins came in a damaged case. Anyone have recommendations for a replacement case?

>>22052240
sitting pretty comfy right now desu. Thinking of buying a bit more physical silver, but it would be at the most expensive price I've ever bought it at.

>>22052551
>What is a make it stack in silver
1000 ounces

>>22052497
Sure, go ahead. Just make a reminder to buy back in a few weeks before the new mines open up.

>>22052623
Alright, so I’m kinda there. I’ll have 500 silver coins soon. Have 4 oz gold. And 5k in Gold/silver stocks. Basically spent all the extra cash I made this year on prepping.

>>22052497
post stocks

>>22052768
post metals fag

AAAAAAAAAAAAAAAAAAAAAAA

>>22051375
>>22051776
Yo screw off with this slut
The only tits I want to see in here are libertads

>>22051783
i wish i could get aussie coins, almost impossible to get them in russia (with reasonable prices)

>>22053287
she has no tits

>>22053364
speaking of aussie coins, just managed to snag this one at spot with free shipping, i'm a sucker for animals

>>22053651
>>22053364

>>22052277
Don’t buy a grand worth of junk on CL unless it’s your last option. JMB has good prices and coin shops charge low premiums on it.

>>22053720
>Don’t buy a grand worth of junk on CL unless it’s your last option
really? The price is spot with no premium. What kind of scams do I need to look out for?

>>22053822
Are you going to weigh it and sort through every coin? I know people who have been robbed over a pair of shoes so watch who you do business with.

>>22051289
jmbullion has them

i have a silver position 1340 oz at 22.54 chf. Im feeling good atm. Its been a good year for me.

>>22053070
NOOOOOOOOO

>>22052496
lucky bastard... only in for 2500 myself.

>>22054075
Thats where i bought mine. I bought it expensive because the joke is worth the premium. Plus it has the potential to be worth something a few years from now.

>>22054144
Zoinks

Kinda want to buy a bit more but trying to lay off...

>>22053924
hmmm...maybe
got any scale recommendations?
do they just try to sneak some non-silver coins in?
my apmex junk quarter bag actually had a fucking state quarter in it for the record

>>22054144
CUT MY SAVINGS INTO PIECES
THIS IS MY LAST QE

>>22054144
And, here, we, go

>>22054144
>>22054238
>>22054261
I'm not that concerned about the DXY falling desu. If anything it would be good for exports and it isn't particularly low or dropping particularly fast.

i went through 500$ of coins acquired since 2000 and found 0 silver. sad

>>22054144

>>22052623
I feel like 5000 ounces of silver is a real suicide stack. 10 monster boxes stacked on top of each other would make you feel like a king.

1000 ounces is a comfortable life in the countryside never having to worry about anything financially

10000 ounces of silver would probably be true fuck you money once the dollar dies.

>>22053375
What's his name?

>>22054477
I have 2.1oz gold and 51oz silver, all bought recently. I'm screwed aren't I?

>>22054477
>10000 ounces of silver would probably be true fuck you money once the dollar dies.
That's where I'm at....comfy

>>22054370
Are you fucking retarded? Fuck exports: the US has a goddamn huge trade deficit. It's pathetically dependent on imports and a falling dollar will rape every American's ass till they pass out

>>22054381
I need to dig through my coin jar, but I have a feeling it won't have anything

is there a downside to buying low % junk silver?
this is real close to spot shipped

https://www.apmex.com/product/13023/35-silver-war-nickels-1-face-value-avg-circ?utm_source=findbullionprices.com

>>22054246
>>22054583
Get a 0% interest credit card and max it out, frens.

>>22054706
Will do great for me, since I actually make the things I sell.

>>22054712
i was sure i would at least find one or two
very sad
at least now i know all youtube coin roll searchers are just scammers

>>22054261
MONETIZATION
MORE EASING

>>22054747
Theyre heavy as fuck. LCS might not want to buy them. Should be fine if you just want ounces.

Bonus copper and manganese

>>22050275
$2

>>22054779
I want to cash in my coins after looking, but not really sure where to take them.

>>22054583
The way I look at it is that every ounce of silver is 10+ full days of unskilled labour in roman times. With less then a tenth of a ounce a roman labourer would feed his family, pay his rent, pay his taxes and such.

100 ounces of silver is I think what a roman soldier would make from 5 full years on campaign not including bonuses and keep in mind that a roman soldier would buy his own equipment with his wages. so what a roman soldier would be expected to retire from would be land granted to him from conquest and his years of wages.

That's why I would think 10000 ounces is a make it stack, after all 10000 ounces of silver is roughly 300+ years of manual labor for a ancient laborer.

>>22054477
i do believe the more you have the better, but 500oz should be a good suicide stack
depends how how it will moon though, i believe it will go to 4 digits, which makes it half a mil+.
which is plenty to live a comfortable life and start a business

>>22042142
>hol' up
>stares cutely

So, as someone who's about to start buying silver for the first time, should i be aiming for 100 oz's as a goal? Is 10 a decent start?

>>22054144
Zoom out.

>>22055028
The fact that silverfrens don't want to acknowledge is that the historical valuations include a huge utility premium for silvers function as a medium of exchange. If silver is exclusively being used as a store of value, it will never be worth as much as it was.

>>22055078
500 oz- if only man. I think if I dredge everything I have together it's like 350-375oz. On the flip side I do have 32k in miners since my 401k lets me choose my own investments.

>>22055184
but it will never be just a store of value ever again, afaik they didn't make solar panel and flatscreen tvs back in the roman empire

>>22055184
It's only exclusively a store of value until fiat collapses

Ahhhhhhhhhhhhhhhhhh!

ROBINHOOD IS DOWN HOW THE FUCKING FUCK WILL I BUY MORE PHYSICAL SILVER AND GOLD AND PLATINUM!?!?!?

Ahhhhhhhh

AHHHHHHH

AHHHHHHHHHHHHHHH!

HOW THE FUCKING FUCK COULD ORANGE MAN MAKE THIS HAPPEN!?!! HE’S FUCKING DONE AMERICANS WON’T STAND FOR ROBINHOOD BEING DOWN! AHHHHHHHHHHHH!

>Oh wait. Never mind.

>>22055078
Well we are going to face a world where most of the general population is going to be left holding worthless paper money and worthless pensions / welfare checks.

>>22055166
I would recommend getting some generic bars of silver and a tube of silver coins to see what form you like better.

>>22055234
This is silly, if silver is even more useful then it was back in roman times wouldn't that mean it's even more valuable then it was back then?

>>22055184
yea utilization was much higher and production was much lower
i dont think it makes sense to compare eras other than like the gold vs silver ratio

I mean silver is used in medicine due to it's anti-bacterial properties, it's used in industry in batteries and electronics and it's been used as money for thousands of years.

And a ounce of silver is worth a family meal at KFC.

>>22055302

I agree with this in case of fiat collapse.

When fiat collapses anything physical will be a store of value because supply lines will be all fucked up, but silver and gold will be the only non-degradable stores of value and so they will continue to be the standard used for large purchases of land, etc.

If the monetary system really collapses stuff like guns and gas will be valuable but so will anything like shovels or other tools or seeds or livestock etc. And if you want to buy say, 100 animals instead of 1 or 2, silver or gold would make sense to use. We’re living in a weird technological bubble of time.

>>22054587

post stack

>>22054757
not when every single thing you buy goes up by twice the amont

im so sad and actually confused with myself that i didnt stack silver when it was $10/oz
i remember planning on doing it 10 yrs ago
i have learned my lesson and will definitely do so the next time

>>22054779
I can assure you that they're not. I searched bank-rolled boxes myself, and found a fair bit of silver in them: about 3 rolls' worth of 40%, and about a roll's worth of 90% (all Kennedys, one being a pretty trashed 1992-S silver proof).

That said, I was going through two boxes of half dollars per week at the time, and a lot of them had no silver, sometimes only a half from a proof set that someone broke apart and traded for face. It really is a numbers game. After all, if you just suddenly went outside and tried to pan your local dirt and found no gold, would you say PAN MAN was a scammer? Absolutely not. You'd just be in the wrong area. Same thing with coin roll hunting. What you searched was nothing to someone dedicated to it. All the change you collected has been through a bunch of machines, some of which reject silver, like Coinstar machines do.

Your best bet if you really want to get silver at face is to gather up $500 in currency, go down to one of your banks and ask them to order/sell you a box of half dollars. Make sure they're sealed when you get them, and after hunting through them, take them to a DIFFERENT bank to trade in for the currency again. Outside of that, you can always ask if they have customer-wrapped rolls, as those can be absolutely amazing if some zombie dumped a bunch of Constitutional off, or have absolutely nothing if they're a hunter's dump. If you're actually dedicated to it, it becomes a matter of when, not if.

>>22055615
Sorry friend but Silver is never going back to $10.

But if it does I will thank the jewish central bankers for giving me the chance to stack such cheap silver.

Even now it is still insanely cheap to where it honestly should be.

>>22054447
haha I recognize this video

im gonna invest in PM miners. who do you autists recommend

>>22055671
i collected $500 of change for 10 years from 2000-2010 and it had zero silver in it
To be fair to your point, I did not have any half dollars. I will try to get some from my bank, thanks for the tip. Those are probably much less searched than the dimes and quarters

>>22043675
90% LINK. 5% BTC 4.9% PMs .1% cash

>>22055744
This is what I'm doing but I don't know if I'm doing it right

>>22055703
I would lose too much on my miners for that, so fuck the kikes in charge should that occur.

>>22055180
Shut.the.fuck.up.kike

>>22055458
It's not all in one place. I don't have any pics of the whole stash

>>22045905
But some link or you'll want to kill yourself in the future, also buy some gold and silver

what the fuck was that?

>>22055879
not buying your bags faggot go spam elsewhere

Why don't we get together and make some custom meme rounds? I'm sure pepe silver ozs would sell very well

This time in history is truly without equal, just imagine.
While fiat currencies have been used in history, it hasn't come at the same time while precious metals were actively being suppress. So much so that the average person on the street would rather have a chocolate bar rather then a 10 ounce bar of silver.

So not only is gold and silver extremely undervalued, but the fiat currency their value is measured in is being printed in the trillions to pay for government spending in a worldwide pandemic whilst both the democrats and the republicans are both becoming socialists.

It really is the perfect storm for people that own precious metals.

>>22055908
I don't know. Make it do that again anon.

>>22055933
Something like pic related?

So what do you guys think about this

Silver Kings ~ 5 Tons


Silver Dukes ~ 10000 oz


Silver Counts ~ 5000 oz


Silver Barons ~ 1000 oz


Silver Knights ~ 100 oz


Silver Peasants ~ 10 oz or less


Surf ~ Fiat

>>22054477
>I feel like 5000 ounces of silver is a real suicide stack.
then you are an idiot. A suicide stack is by definition small. It's just small enough so that you can still get some good money out of it and not commit suicide for missing the boat entirely. A suicide stack is like 100 ounces of silver.
>1000 ounces is a comfortable life in the countryside never having to worry about anything financially
exactly. That's making it. not having to worry about anything financially is making it.
>10000 ounces of silver would probably be true fuck you money once the dollar dies.
Agree, 10k is a kingly stack

>>22055996
Shit, honest to God I'd buy that

>>22055779
Absolutely. Check RobFindsTreasure on JewTube. He has next-to-no luck with quarters (I keep telling him to stop wasting his time on them), kinda okay luck with dimes (but they're so small it's not much silver), but far, FAR better luck with halves.

You also probably had a bunch of nickels and pennies which had absolutely zero chance of silver, so that fucked you over too.

>>22056000
What about if you have silver and gold? 1toz of gold would equal to what in this pyramid?

>>22055939
Good god were those zombies hard to watch. I'm sure he also cherry-picked and discarded when they wanted to take the silver and he had to explain it was an experiment and not totally legit.

>>22056159
play around with different ratios. Start at 1:100, then 1:75, 1:50, 1:25 and you can figure out what range you'd like to be in

>>22056159

It depends on what the gold to silver ratio is

>>22056218
Hmm, looks like I'm in knight class whether it's 1:25 or 1:100. I must keep stacking.

>>22055971
ok

>>22055924
>hey guys buy btc its only 10$ each! It will go up in the future!

>hahaha you fucking faggot scammer I'm not buying your buttcoin trash!! *smug intensifies*

>*years later* wtf I knew about it why didn't I buy! my life could of been way different!

cya in 5 years coper

>>22056000
I think you deserve a checked.
Silver baron, good enough for me.

>>22055996
Something like this

A nice detailed smug pepe or apu would be great.

I would even buy soijack rounds

>>22056309
I can feel the shackles breaking.

>>22056000
>stealing link marine memes

Also needs more ranks between 10-5000 oz

>>22056309
>>22056386
oooooooOOOOO

We just broke the 10 year resistance level of $28.20, if we close above this today the next stop is $34 before end of September.
Screencap this.

>>22056000
checkeroni

New thread
>>22056727

New >>22056703
>>22056703
>>22056703