/biz/ - Business & Finance

"What basis? Indeed, we cannot see that, in this respect, there can be any other criterion, any other standard, than gold. Oh, yes! Gold, which never changes its nature, which can be shaped into bars, ingots or coins, which has no nationality and which is eternally and universally-accepted as the unalterable fiduciary value par excellence. Moreover, despite everything that could be imagined, said, written, done, as huge events happened, it is a fact that there is still today no currency that can compare, either by a direct or an indirect relationship, real or imagined, with gold." Charles de Gaulle of France

Should I buy gold if I'm currently unemployed? I have half a year of savings and job interviews every other week.

When will gold hit 5000?

Can you share your pictures of Morgans, Peace dollars and Canadian dollars?

>>56201807
dont buy gold now, it's still going down and will bottom out in the mid 1800's

then buy, but only an amount which you can afford to put away for several years, ideally

>>56201812
It will be $5000 for like 5 minutes during the major happening when gold massively spikes

>>56201807
Unless you like losing money, keep your fiat. The dollar isn't going anywhere anytime soon.

Out of curiosity how does one tell crown gold from others? The local LCS has krugs and while I've heard they're crown gold they appear the same color as other coins they got like francs and pre-33 gold.

>>56201680
>French Edition
Oui Oui, mon frère

>>56201807
I feel you anon, I was on my 4th round of interviews for a logistics job but was turned down because I don't speak Spanish. I would save unless there is a big dip.

>>56201839
so those who hold physical gold cant profit off that

i really regret getting physical gold

>>56202264
>turned down because I don't speak Spanish

brutal

>>56202316
You don't understand, it will be way more than $5000 when the spike happens.

>>56202346
It's gone up over 500% in 20~ years, if it holds that historical average, it would be @$9500 in the next 20

>>56202264
Hmm I'm in logistics, don't know Spanish tho. Took 3 years of German in HS tho. Looking back, Spanish would have been more useful, but I was into white people stuff then.

Is it starting? Chase bank in the UK just banned crypto transactions.

>>56201680

Your participation needed:

Global Hyperinflation General. /GHG/ >>>/pol/442477320

>>56202346
i hope you are right, i bought 2 kilograms and it's now worth less than when i bought it

>>56202529
not your personal army

>>56202335
>>56202460
I live in So Cal which has turned into an colony at this point. I took high school Spanish but they want fluent speakers which is their way of saying no gringos.

>>56202528
>Is it starting? Chase bank in the UK just banned crypto transactions.

Holy kek, are crypto nerds seething and wailing yet? Any tips for investing in rope manufacturers?

>56202575
Nworder

>>56202642
i suggest that you move, fuck that

>>56201680
why is silver so expensive bros..
fucking coins cost me 26€ while they are worth 21.70€.

But I also don't want to save up for months and buy a single gold coin and then repeat

>>56201844
Muh heckin paper dollarinos, save big time for soon wiping ass

Toasting in new bread.

>>56202000
Voyageurs are such a beautiful design to me. Love my natural scenes.

Just gonna say that I don't think right now is a good time to buy silver or gold if your money is in USD, I strongly believe that the rest of the world is about to get hit with a recession and will start cutting rates long before the US, this will strengthen the usd while hitting PMs, we will also see demand destruction.
It's when the recession starts hitting the US and they start cutting rates is when you should buy.

If you don't want to try timing things, then just slowly accumulate, but I wouldn't recommend big purchases just yet as I think the USD will strengthen over the next few months.

NFA and I do have a stack of PMs, but you get bigger gains if you time your purchases right.

>>56202722
>why is silver so expensive bros..

Dealers sell for whatever price enough buyers will accept to maintain their desired sales volume. If you really hate paying premiums then think like a dealer instead of making them rich and figure out a way to buy cheapies.

>>56202864
>Muh heckin paper dollarinos, save big time for soon wiping ass
Wrongthinking conspiracytard detected, history shows that paper has always been the most reliable store of value. Imagine lugging around heavy rocks when a few grams of paper could make you a Trillionaire like me.

>>56202722
If you really want cheapies, you gotta buy bulk like a dealer. In my country 1kg is the minimum I buy to get the least in premiums.

>>56202316
That $5000 number will be the manipulated (((them))) number. Physical price will be much much higher.

three new additions today, happy stacking frens

crypto nerds will seethe

>>56202722
Current prices
buy: 24.62
sell: 22.80

>>56202868
Damn now I want a kilo puck

>>56203130
Based, I bought this as lunch today

>>56202529
Glad you changed the picture.

>>56202722
It isn't "worth" 21.7 if you paid 26. It is worth 26. Does ANY retail business sell product for what they buy it for? Do you have any idea how businesses actually function?

>>56202977
This is possible. But you have no idea how long the window might be open and it can be risky to try and time it. Look what happened to nickel prices. You could see gold and silver prices increase by multiples while you are asleep and never come down again. Personally, I don't worry about movements in spot price or try to buy the dips. I think that looking back everything will look like a dip..

>>56202977
Never stop buying.

>>56203164
>goldsilver.be
24.62 if you buy 500 coins and then you have 99€ "secured" shipping.

>>56203819
If its worth 26€ you can sell them back for 26€. not

>>56203776
how much was it? very nice

>>56203893
You can if you sell down the chain.

>>56202977
>I strongly believe that the rest of the world is about to get hit with a recession and will start cutting rates long before the US
How long do you think the US can last at 5.50% when it adds 1T of federal debt each quarter just in interests to bonds bearers?
I know this is just a giant clownfest, but the dam is already breaking from all sides. Our current system built on eternal growth (of debt) isn't designed to sustain monetary contractions.

Witness the deliquency rates skyrocket while banks refuse to lend (thus refuse create new debt-money) to the private sector because they prefer the sweet coupons' yields of daddy gubment. Economy will grind to a halt, and it's already going south extremely fast in many sectors.
I don't give it 5-6 months before they reverse the trend, claiming the 'soft landing' was a tremendous success (with their cooked numbers).

So yes, deflation will hit PMs, alongside all other asset classes for a short period of time, but the minute they announce rates going down, G&S will immediately spike. So be sure to not get caught with your pants down when it happens.
The good strategy may be to load up on cash for the next 3-4 months MAX then slurp the dip, but not much longer fren.

>>56202977
Yeah, barring potential excitement from black swans or disruptive geopolitical maneuvering this sensible take on the current situation is how I see it as well. I'll continue praying to Kek for dramatic habbenings and worldwide chaos but won't hold my breath.

>>56204000
>You can if you sell down the chain.

Anons need to git gud at buying low from normies like dealers do, and then selling high to other normies like those dealers do. It takes more work than buying from some bullion website and opening the box when it arrives several days later, but really isn't as hard or inefficient as some like to pretend. If stacking/collecting is already an enjoyable hobby then it should come naturally, if you're just diversifying assets and PMs carry no more appeal than any other investment then you should just stick to whatever it is that you're already good at.

French, you say?

>>56204256
Did you look for 1900 & 1903 dates in your lot? Could be pay day if you feel lucky today.

1 merc for 2 when

Sub 40M again.

>>56203893
You bought at 26. Why would you be the only one?

>>56201680
I love roosters

>>56204332
So the 2.4M who left the eligible vault yesterday was replaced today with 2.5M from registered to compensate.
Used to be the other way around few months ago lol.

>>56204319
>Did you look for 1900 & 1903 dates in your lot?
Of course!
1903s go for like $700. too rich for me!
I paid over-spot for these, but I like them.
I think my most expensive coin(s) was/were like $200-250 or so (Cuban ABC Peso, Swiss 5F, etc)
By $/oz it's definitely my Panama Pill.

>>56201680
LCS had $5 face value junk silver for $80. Swooped it up pretty quick.

>>56204359
Nice stack, nigger.
I am green with envy.....

>>56204359
hey-hey-eeh-yeah here comes the rooster ~~

>>56204406
>am green with envy.....
that's just oxidization. i wouldn't worry about it

>>56204406
One coin at a time my dude. (Or save and bulk buy lol)

>>56204359
>>56204406

>>56204389
>I paid over-spot for these, but I like them.
Yeah they tend to fetch a premium compared to the 1960s semeuses, after all they are over a century old now. But still in great condition, i guess .835 (latin union standard) vs .900 really do make a difference in term of hardness.
>$/oz it's definitely my Panama Pill
post pics fren!

currently i have my stack kinda random, leave them in plastic flips mostly. but i feel like its not very neat to do this. maybe i should use airtites on just my gold?

After getting my first gold ounce I feel a thirst for more but I know it's dumb to buy fractionals. Are there any cheapie gold coins that are still around spot that are good for slurping?

>>56204534
I always heard British Sovereigns have lower premiums given they are state gold coins.

>>56204456
Beautiful anon. My goal is to fill up a tube of them. Something I could stash in my pocket if I had to bug out and leave my silver behind.

>>56203960
I paid $250 after tax, for my first gold I'm alright with it

>unexpectedly won an auction i've no monies to pay becuz i already spent 2K on ebay this month
Owari da
Hope the seller wont mind if i ask him to wait 10 days before i can send him the cash..

>>56204752
Put it on your cc

Arent precious metals just for mega rich boomers to park their money so it doesnt go down in value because of inflation??

>>56204534
A lot of online dealers have at spot starter kits. Not always easy to find on their site. Use keyword search for starter kit with each dealer on Google.

>>56204891
No anon, anyone can do it. Just have to have a little discipline

>>56204825
No such thing in yuropoorland, only debit cards exist (or at least that's all i have).
And i need to fucking refrain my ardor anyway, i'm legit worse than a crackhead these days. My arms start to itch if i don't slurp PMs every few days, and my accounts are near zero at all time. I rub my body with silver pretty much 24/7. The minute i get some cash it immediately vanish in yet another deal "i really can't miss this time!", "just a last slurpin' bro!".

>>56203884
Actually those prices I quoted you were for individual coins. You get 50 euros discount if you buy a monster box. I know, because I bought a monster box of weiners from there last month, when spot price was lower.
I guess the shipping depends on where you live. For me it was 63 euros for well over 1000 oz silver and several dozen oz gold. That's what I bought last fall.

Should I buy a 1 oz platinum coin? Why/why not?

>>56205057
No, just no, ok.

>>56205057
>Should
Maybe. It's really your call.
Why: its spot price is on the mid-lower end of its typical range, so it's fairly safe. Some coins are quite lovely, too. It has a future with hydrogen fuel cells (HFCs) as a catalyst.
Why not: Its current main use is in catalytic converters for IC (gasoline/petrol) engines. These are being phased out in favor of EVs.
I suspect HFCs will grow in popularity: their manufacture has less impact on the environment, refueling is as simple as swapping out canisters, and they weigh less than batteries.
I don't think EVs will ever go away, but HFCs will develop alongside EVs.
I wouldn't suggest buying large quantities on this speculation, but a few coins won't hurt.

>>56205057
If you already have a few hundred oz of silver and a couple oz of gold, yes.

>>56205057
Yes, because we live in an unpredictable world.

>>56204359
>>56204456
>>56204601
Francs, you say?

>>56204647
>1904
>gold
>ms66
>250
really?

>>56201680
>French Edition

>>56202528
Sounds like they're shutting more exit doors.

>>56205308
I covet that series so bad...

>>56205308
Last auction won, to remain in the theme.
Condition could be better, but tbf i didn't expect to take it home at that price, so i can't complain.

Anyone else have a PM related phone wallpaper? 1/2

>>56205385
170€ only.
*smug frog*

>>56205057
Yes. Platinum is used in several common Chemotherapy drugs. The Vaxsneeds cause cancer which mean platinum will be in high demand for the next decade easily

>>56204891
I would suggest that people without much to invest at the moment use PMs as a kind of bankster-proof savings account. Make regular "deposits" you can afford and forget about it.

2/2

this sounds promising

Now i need pic rel to complete my masonico-luciferian collection.

>>56205446
>rarely*
>* = anything related to nazism and frogs
You just know it.
Feels like frensmark isn't for today bros..

>>56204389
>I think my most expensive coin(s) was/were like $200-250 or so (Cuban ABC Peso, Swiss 5F, etc)
>By $/oz it's definitely my Panama Pill.
Why is it called the "ABC" peso? Panama pills are based, if you like babbysilbers you should look for the little 1/4 Real coins issued by various central/south American countries, Guatemalan ones are most common but places like Peru issued some with nothing but a Llama on one side, they're sweet.

>>56204647
Who is selling slabbed old numismatics for melt value? If everything checks out you should back up the truck.

>>56205492
Are those greek obols on top, scrapfren?

this is actually the cheapest by about $20. save the 20 and get this or get a maple leaf?

>>56205385
kino coin, I think maybe the large edge dings are why it sold a bit cheaper though?
>>56205525
those are mere fractions of obols fren, my smallest is just 1/16th of an obol! In this pic of my rare flying pig coins I have the smallest typical silver denomination called a Tetartemorion which was 1/4th of an obol on the left which weighs about 0.15g, then a low grade obol (Ignore the 0.35g Indian chuckram below it), then a ~1.2g diobol, a triobol or hemidrachm, and on the right a 4 gram full drachm. Nuggety ancient coins look so damn small when you're used to medieval to modern numismatics but you'll get accustomed to it.

>>56205619
I don't understand what point this chucklefuck is trying to make

>>56205593
i went with the maple leaf

>>56205619
Every time I try and buy one of these damn bars they are sold out

>>56205704
He fails so hard at being a FUDder that he goes the full way around and becomes a shill. It's poetry. That tweet will go down in /pmg/ history.

>>56205721
bueno

>>56204891
Pms aren't a hedge against inflation
>>56205593
Get an eagle

>>56205619
>>56205704
>>56205752
cheapies inbound, gold is crashing to $1600

Oh I got dubs in my ID for this thread. Hehehehe it's like weilding raw digits energy ¬‿¬

>>56205376
They still have the €20 versions of the laurel and the wheat (Coins in the middle and right) on the mints website available for sale.

Fiat bad silver good.

Taxes, fuck taxes. Buy more PMs.

Crypto is for weenies, fiat is for meanies, PM's are for genies. We're going to grant our own wishes in the future.

half gram ship

https://youtube.com/watch?v=Et1JYZ0RrC8&t=711s

I know Windmill Reichsmarks are plentiful in /pmg/ stacks but does anyone have a big pile of pre-WW1 "junk silver" 1/2 and 1 marks?

Had to sell my 30 oz. It was sad. Wouldn’t have made rent otherwise. I’ll be back eventually but times are tough. Best of luck to all you bros. I’m back to peasant-tier.

>>56205057
Truth is, the game was rigged from the start.

>>56206111
Changed my wishlist from 2 1toz platinum bars to 1 coin, 1 bar now.

>>56205396
This is mine. Old one was the gf. I needed a new obsession.

>>56206098
I'm rooting for you my new fren Anon. Everyone loves a comeback story. Don't loose the faith, stay out of crypto, tighten your belt and eat on the cheap, pirate all your movies and shows instead of paying for streaming. You can start a new in the future if you have discipline.

>>56205253
>>56205492

>>56205861
pancakes

>>56206098
I been there before too. Same thing. Was a time I had to sell all my silver to pay bills. Think I sold about 60 oz all told. But I had bigger fish to fry so I moved on and didn't take long to get over my sadness of having to sell.
Hang is there anon fren. We can always start over. We are on a Heroes Journey

>>56206270
Pawn shop? You should ask about other numismatics they might have available now or that they have sitting in limbo for 2 weeks (in case they're stolen) before they can be sold. A fella I knew got a rare 1830 Templeton Reid "Georgia Gold" privately minted $2.50 gold coin for melt value at a pawn shop, flipped it for like $4000 IIRC. Seems like your shop is worth keeping an eye on too, it's not common for a place to be selling coins which could easily be flipped for double or more over what you paid.

>>56206253
>>56206348
Thanks, anons. I’m not giving up and I’m not taking on any new debts.

>>56206382
No It's just one of my LCS, The owner just doesn't care for fractionals and doing inventory on them. So they go out the door like this. I most certainly will be returning to slurp

>>56204951
Unironicly, get off this general that encourages you to spend your cash on silver or gold ,don't even buy gold ,unless you have 10k usd minimum
>but I don't have 10k saved up
Then don't buy pms until you get to a point where you don't have to worry about selling your stack to afford payments like food ,bills or fixing your car that we everyday folks have to deal with ,don't try to cope with semantis about how cash is worthless we know it is but all of use ,you included need months worth of cash to buy things
godspeed anon

>>56206098
>>56206409
Sorry to hear that anon. We'll save a freshly deloused bunk in steerage on the yacht for you and an aging but congenial 6/10 FWTDHW to keep you company. If your budget is super strapped for the time being I recommend considering taking the scrap-pill. You may have ignorant thrift shops and estate sale companies in your area where you can score amazing deals. There have been many times I've bought cheapies at under $1/ozt ASW, my best scores as low as 10-11 cents per ounce. You may not be able to afford $500 for a tube of generics, but I'm sure you could find a way to afford $50 for a kilo of sterling.

How much for a pint at the tavern?

>>56206534
All of those coins look like fake Chinese counterfiets that could be made with real silver but still fake

>>56206555

>>56206534
>How much for a pint at the tavern?
More that you got, seeing how those are all clearly cheap fakes.

>>56206682

>>56206505
there's no stoppin the Fren train

toot-toot!

>>56206098
dont feel bad anon
i had to sell 2oz of my gold to get by a tight situation myself.

life happens

>>56205396
Only in that it also destroys Jews.

>>56205922
Want.

>>56206534
I know you specifically target dark toned coins and the ones with honest-looking rim dings and knicks don't alarm me, but those 2 thalers on the left with matching cloudy grey splotches seem sus, where did you get them and for how much?

>>56206856
>national socialist LARPer
Kinda cringe.

>>56206856
>reddit notification

>>56206694
delete this

we don't need all those negative wave man

>>56205396
i just use black, my old phone is slow enough. dont need it loading a darn image every time i turn it on. but i think i would like pic related because it looks just like me and my wife! ha! what a spectacular find!

>>56206856
thats a very beautiful image too!

>>56206856

>>56205922
They come in Pt and Ag, too.

>>56205385
>>56205403
>>56205611
>I think maybe the large edge dings are why it sold a bit cheaper though?
It's been cleaned =[

>>56204189
obviously there will be no soft landing. you would need a strong consumer for that and, in case you haven't noticed, consumers are both broke and in debt. credit card balances are at an all time high, so are credit defaults. what will happen when $13trillion of student debt defaults too? if you see people out there shopping and smiling, just know that this is the last gasp of the consumer-in-denial before it comes crashing down.

>>56201680
I bought $80 worth of quarters today

>>56207528
Not gonna lie. Washington quarters are the the second most cycles junk silver after war nickels.

>>56207536
?

>>56207543
Second most *cucked

>>56206669
>>56206694
Come back anon! Don't let some 1PBTIDs ruin your day or have you questioning the authenticity of everything you've collected. For example I've had anons say that all the silver coins in this pic are fake, but besides checking-out when I studied them under high magnification absolutely no fakes of any types of coins from this whole obscure city-state have been documented. It's easy for envious FUDwits to claim something is fake, but unless it's an extremely poor quality counterfeit you need to be able to study the weight/dimensions, both sides and the edge IRL to confidently make that determination. I think those Thalers are suspect because of the matching toning and milky grey splotchy areas and the fact that I've seen lots of pretty convincing known fake thalers hit the market in the last few years, but I'm no expert in such coins.

>>56206856
Kek, I think you need to explain yourself anon, see:
>>56207250
>reddit notification

>>56207550
I already had plenty of dimes and they were going for a good price

Drinking and watching pm prices
Got 9 guitar picks from concerts
Will the prices go lower?

>>56207528
I see at least 19, so $5 face for $80? Getting constitutional at slightly below melt value is way better than most other options, good job side-stepping the premiums!

>>56207536
Nah, roosevelts and 40% halves are way more cucked than war nickels or quarters, having Chad slaveowners like Jefferson and Washington on our coins making fragile nigs seethe 200 years after they died is based. Also War nickels contain more silver per cent than anything else which one could argue makes them the best form of junk of all, $1 of war nickels contains 35 grams of pure silver whereas standard fractional coins only have 22.5 grams of silver per $1.

Anons who have been stacking for years, what was it like having your horde double in value in a few months? What did you do?

>>56207648
They had silver rounds for $25.50. When I asked about junk silver and they said $80 for a $5 face value I had to jump on it immediately. $16 per dollar face is cheaper than anywhere I’ve seen. I’ll probably go back to pick some more up if I get enough play money.

>>56207700
Yeah that's a superb price man you should take advantage of it. You said you have plenty of dimes already but if you're allowed to cherrypick rolls of mercs for $80 I'd keep stacking those as the command a premium over washingtons. Your quarters look pretty good in their own right though, it's not like they're really worn underweight ones from the 1930s-40s, any idea why they're selling so cheap?

feels like slurping time, tonight or tomorrow boys?

>>56207739
They said that they try to beat local dealers and online dealers. My guess is that they make their money with numismatic stuff as well as being a legit jewelry shop too. Lots of cool interesting things there and always several people in the store. Being a small cheap location and most likely not paying a premium when buying stuff helps.

Finally grabbed my shipment after stupid fed ex sent it to a Walgreens.

>>56207763
I want to slurp but patience is key. I rarely order something late at night and don't get frustrated that things dipped in the morning

I am planning to buy my first gold. I am considering accumulating 1oz bars and maybe larger, but I notice many here are buying coins. Why coins? My other question is how/where do you sell gold for cash, if needed? Thanks

>>56207849
Can’t really comment on the coin thing myself, because I prefer bars, but I’m guessing it has something to do with the artistic designs on them and limited edition runs of those designs. As for selling, pawnshops buy at spot.

>>56207793
i like those monster series rounds

>>56207849
Coins have a potential (likelihood actually) of gaining numismatic value above and beyond the value of the underlying metal. This applies best to coins currently being minted. Once their runs are done and dealers run out of that stock, the prices have increased.

>>56207856
Thanks

>>56207897
I see. A layer of scarcity/collectibility on the good medium. I’ve noticed some bars have limited edition the designs too, which may have a similar effect.

>>56207910
Gold medium

>>56207910
>limited edition
True. There are also generic rounds with limited (and gorgeous) designs, but coins have crossover collector interests: numismatists, historians, art collectors, special interest groups, and/or seekers of antiquities (some antique generic bars with no special design also fetch higher prices). The more boxes you can check, the better chances of getting a higher price if you sell. For coins, it's particularly great if you can get the firsts of new series.

I'm so bored of silver, keep stacking it bros but the gold lust is starting to kick in

>>56207964
:) Variety is the spice of life!

>>56207954
Thanks for the tips

>>56206234
Lady Liberty is best waifu

>>56201680
I want to get into ancient coins, specifically denarii. Is this a good investment? Can I make money by cleaning lots of unsalvageable shipwreck coinage?

>>56207763
>feels like slurping time

>>56207964
Same. 270oz of silver and only a tenth of an oz of gold. Seems most people keep a 1:100 ratio.

>>56207502
Kek, i think being cleaned is the least of this coin's problems anon.

>>56205611
>my smallest is just 1/16th of an obol
That's mindblowingly small. How the fuck could they use this as medium of exchange before the acrilyc ziplock bag was invented lol? I have to use my x30 jeweler loupe for full obols ffs..

>I think maybe the large edge dings are why it sold a bit cheaper though?
Among others, i suppose yes. Still happy though, usually the 6 livres goes for between 400-800 bux. It's one of those few very iconic coins who represent an era/significant event who changed the destiny of a nation.

Morning's silver micro-slurp. 5 bux for the pair. The 25c is a Wilhelmina.
It's just a little fix to appease my craving. Otherwise i can't stop thinking about buying PMs and it ruins my day.

I need help i think.

>>56202424
>IT ONLY GOES UP!

>>56209115
More like our fiatbux always go down..

>>56208662
>fluffy rug
>pink and blue lighting
what's your onlyfans anon?

>>56207694
Bought more. Honestly.

The lower the price goes the more libertads I’m buying.

>>56207849
Coins may perhaps be a little more convenient in trade someday, being more uniform and widely known. But I don't think that will amount to much. Buy what interests you.

In an utilitarian sense, isn't money whatever is the unit of account through which prices are the most stable? Like ounces of gold as opposed to dollars for a nice suit. Mercury dimes for a blowjob. Maybe even things like barrels of oil for tanks in the case of nations.

>>56207973
Nice stack!

>>56206234
Morgans are truly fantastic

>>56209527
Not sure exactly what you mean by utilitarian. Money is, first and foremost, a medium of exchange. Accounting is a very important, but secondary, function. To be a good medium of exchange, certain properties are needed - scarcity, portability, fungibility, durability, etc. Gold and silver have there properties and that is why they have been used as money for thousands of years all over the world. Barrels of oil, bushels of wheat, and other such commodities are lacking in some of the desirable properties. Some such commodities are not fungible - not all oil is the same. Some lack durability - wheat spoils over time. Neither are easily portable. Some are not scarce - like paper with numbers printed on it.

Prices are not supposed to be stable. They are supposed to fluctuate under a wide range of market information. The most important function of price is to inform the market about supply and demand. For example, when a resource becomes scarce we WANT the price to go up. This tells people to start allocating that resource to the more important (demanded) uses and also to try and increase the supply. Prices are very complicated packages of essential information. This is one of the main reasons command economies fail. And one of the main reasons letting governments and banks monkey with the money supply causes such horrific distortions in the economy.

>>56201680
Why is nobody talking about palladium?

>>56209042
The less you think about it the more you end up buying at once on some random day - worthwhile trade-off.

>>56209677
I think the pauladium spike was related to its use as a replacement for platinum in catcons. But that stopped making sense when it became way more expensive. Not sure what the prospects are for it now?

We're dumping good today, I can already taste the cheapies to snap up.

I love my Francs

>>56209951
i never noticed the details of this coin before.
looks like the Figure in the center has a tail, maybe has horns on his head?
the lady on the right holding a plumb level square
the lady on the left holding some kind of staff

It's over.

>>56201829
Some, not all.

>>56210054
Thank you. Always nice to see the various conditions. I had a chance to pick up a proof set with a Voyageur and the special goose + other animals set. Might get to snag a 1935 Voyageur by the end of the week.

>>56207003
I got them at a local flea market for $100 a piece

>>56205057
Most definitely. Price is good right now too.

>>56201829
> Canadian dollars
yes

>>56209989
It's Heracles. He wears a lion skin.

>>56210126
ah. its a lions skin with the lions tail hanging down. ok.
looks like the lady's staff has a hand at the top with two fingers pointing up

>>56210100
Interesting color. Reminds me of a story I read about that design being meant for the modern dollar, yet the dies(?) were lost so the loon design was made.

>>56205057
At the moment it's not worth it compared to gold. However, it looks like we're heading towards a precious metal deficit in the coming decades, so when gold and silver mining begins to dry up, metals like platinum will take its place.

>>56209623
You're right, I was assuming a comparison of different materials that are all equally suitable in terms of those other properties other than price stability (which is just the inverse of value stability).
Accounting in this case just means measuring the amount of money. You need to know how much you have and how much things cost. The unit in which this is expressed is the unit of account. Today this is usually dollars or other fiat currencies, but you can use anything as your basis. For example, you could look at how much your net worth is in terms of orange juice and then compare the historical prices of things like land, energy, commodities, etc. in terms of orange juice. This will fluctuate based on the price of orange juice more so than due to the prices actually changing (even in inflating dollar terms). This would tell you that orange juice is not very good money in terms of price stability.

>>56210169
I'm watching this YT video on the history of the Voyageur dollar.
https://www.youtube.com/watch?v=GlNQhPDrEcA
interesting

good morning i Hate the federal reserve

>>56210220
Based. I too hate the federal reserve. Fiat is bullshit, buy silver. And gold, but buy more silver. I just ordered 4 generic 1oz rounds from eBay. Suck my dick bankers.

>>56205057
Yes, because it is the most noble metal (chemically and metaphorically) and it is going to run out - particularly when SA goes tits. However, probably best to have a bit of gold and silver first. Platinum is what puts you top Chad tier, not entry level.

>>56210220
just cool it with the anti-semitism bro

>>56210241

>>56207910
It's also worth trusting your instinct to some extent as to what will have collector value later on. If you think a design is beautiful, chances are other people will too. The US mint 225 year liberty coin is not collectable because people don't like it. The Royal Mint Una and the Lion bars are now worth much more than spot price because the design was so aesthetically magnificent. You have the power in you to see this.

>>56207572
Based. Silver is silver.

Gold is pretty low today, should I slurp?

>>56202528
Could have just said he's a nigger and left it at that

Silver spot is really getting pummeled this morning.
they're smashing it down for real

picrel, it's money

Gold's cheap, gonna grab an ounce. Does it matter which country I get? I like the coins with the animals, like Australia or South Africa. (Yes, I also posted in smg..)

>>56210218
Thanks for the link

>>56210529
I like Lions

things are happening
https://www.youtube.com/watch?v=7dv1Hy755DU
hold onto your butts

>>56210529
I like the type 1 AGE's

>>56210499
look's like it hit resistance at $22.80

>>56210075
>got them at a local flea market for $100 a piece

I've gotten unbelievable deals myself at flea markets so it's not always correct that "if it looks too good to be true it it probably is", but since the Philip Ernest and Saxony thalers would be ~$500 coins if genuine and are very rarely available in the USA you need to be very suspicious. When at a market you need to use much discernment and pay attention to the race and attitude of the seller, Turks/gypsies etc should never be trusted for example, and obvious pros at haggling and making deals with all the boxes and display cases necessary for efficient set-up and transportation to markets (versus insecure disorganized noobs) are more likely to both know what they have and also knowingly salt their cheaper genuine offerings with convincing fakes as "wow what a great deal!" bait. Noobs sell fakes too, but it's more often out of innocent ignorance than a calculated scam. You should always pay attention to the other items they have for sale for additional context, if someone is obviously selling off an inherited collection and doesn't know anything you're in luck, but that isn't typical. Since you have them in hand and can measure, weigh, magnet test and study the edges etc. you should search online for documented matching reproductions and compare. They're probably not genuine, but I wasn't there to take in the whole picture so there's a chance you got lucky. Whatever the case, you should be much more careful and observant in the future, and if intuition suggests that something smells fishy you should pay attention to that instinct. Every collector of medieval-ancient items has gotten burned by fakes myself included, but it's a valuable hands-on lesson that can make you much more discerning and savvy after you've learned from the mistake.

Picrel are all forgeries/reproductions, a few I knowingly bought as such cheap but I was less knowledgeable about the coins back then and got fooled. Live & learn fren.

Goddamn the cheapies are coming in hard.

>>56210811
Hell yea. Getting paid this weekend too. LCS is still going to wreck my shit at 20x FV I bet.

>JP Morgan settles Epstein Island lawsuit
>instantly suppresses market to buy more cheapies

JP as are hyper stackers

>>56209007
>How the fuck could they use this as medium of exchange before the acrilyc ziplock bag was invented lol? I have to use my x30 jeweler loupe for full obols ffs..

Besides standard old-school coin purses/sacks, they've found ancient bronze bracelet or armlet purses where the opening would have been kept sealed when while it was pushed tight against your skin on your arm, see picrel.

The ancient Greek playwright Aristophanes wrote scenes where characters went to market with the small coins kept in their mouth for safekeeping, it sounds sensible to me:

>Some people today contend that the ancient Greeks carried fractions like this in their mouths when going to and from the marketplace, based on the plays of the Aristophanes, including The Birds, c. 414 BC, and Ekklesiazusae (The Assemblywomen), c. 392 BC, both of which survive, and Aiolosikon, which survives only in fragments or later quotes. In The Birds, a character describes himself looking up in surprise and accidentally swallowing an obol. In Ekklesiazusae, a character describes himself going off to market with a jawful of coppers to buy some flour. In Aiolosikon, a character describes himself carrying a two-obol piece in his mouth. But Aristophanes was a comic playwright, and elsewhere in The Birds he talks about purses or money bags.

https://rg.ancients.info/alexander/fractions.html

>>56210881
I held myself back from getting my double sovereign last week. Looks like the gamble has paid off.

>>56210922
I'm just excited junk prices are at least slightly more reasonable. I'm getting close to completing 3x guard boxes of junk and then I can finally be done with it.

>>56210216
Yes, being able to do accounting with a stable measure is VERY important.

>>56210940
I suspect it will hit £1,520 by the weekend. If it drops below £1,500 by the weekend I'll be smitten.

>>56210940
Yeah what the fuck?

>>56210694
fucking semovente players in dtm

>>56209126
Wouldn't you like to know!

>>BAYHORSE ENGAGES HDR ENGINEERING TO CONDUCT GROUND WATER STUDY AT THE BAYHORSE MINE

I really dont understand why I'm unwilling to sell.
Some sadistic part of me probably wants to see how long Graeme can keep thios ponzi running.

On other news Graeme had to buy 8 million shares himself in a non-brokered private placement to keep BHS afloat

>>56211474
I hope they survive. I have 6000 shares and would rather hold them than lock in my 90% loss.

Gold is rugging hard. Sub1800s incoming

$2008 for a 1999 AGE at the LCS, what do you guys think?

>>56211511
I have 200k shares :-(

Well, at least I was able to buy some austria schilling below spot this week. A small comfort is better than none

>>56210188
>platinum is not worth it
Platinum right now has 134,000 ounces in comex registered (sellable). October open orders is at 2.9 million ounces. While most could be settled in cash it's possible it goes parabolic.

posting my coins

>>56209758
I'm curiously baffled by the volatility and wonder if it's time to back up the trucks as it's more rare than gold and at one point, was more expensive.
The only thing that comes to mind is the wave of catalectic converter thefts and the rise (heh ... temporary) of electric vehicles

hey guys, not new to investing but new to buying precious metals. Economy's down the fucking shit hole, and I got a bunch of cash lying around ~$5k, should I buy two 1oz gold coins right now or slowly build my stack throughout the next few months by buying 1/10 oz coins every week.

>>56212115
Fractional gold tends to have very high premium. The smaller the fraction, the worse the premium. So one ounce is usually better deal. LMUs being an exception.

>>56212191
thanks, I'll probably buy 1oz in a few weeks, then wait awhile before buying another.

>>56212235
I say 1oz of gold for every 100oz of silver. You could get both for less than $5k and have a fantastic beginner stack.

>>56210694
sauce?

>>56212352
Girls und Panzer

>>56212296
>>56212296
not trying to get an answer out of you specifically but how do I get a deal as close as possible to spot price or PMs, or when will selling price of bullion move with the spot price? since gold is at $1895 spot right now, do I wait for the dealer price to come down or does it not really matter in the long run?

>>56212451
Typically the closest you can possibly get to buying spot is 1oz rounds in bulk from a site like Bold precious metals or hero bullion. Rounds are just silver coins privately minted and not from a government but the prices can always swap. Dealer price will never be fair most of the time since they obviously need to make a profit for a living. The thing is at the end of the day whatever premium you pay today will be made up for with time when their value will inevitably be higher. Dealer price will dip and spike almost randomly, like for example today gold is down but silver is a little too pricey for me to buy today.

>>56211003
Whoever is buying at that price should be studied.

>>56211525
Can't wait

i wish these weren't so expensive

>>56212451
Typically for gold, the closest to spot would be Latin Monetary Units (old non-British European sovereigns). Ducats, francs... pic related though a Brit sov snuck in at bottom right.
That aside, I'm a fan of getting currently-minted coins. The least expensive would be the usual Maples, Krugerrands (though their color belies them being an alloy), Britannias, Philharmonics, Armenian Arks...
The limited-run coins with moderate premiums are also a good choice as they have potential for numismatic growth - the East Caribbean 8 series, Somali Elephants, Australian roos, kooks...,
If you'rein the US, the US coins are very pricey, but they apparently are also easy to sell and recover that premium (I've never sold any coins of any type, so this is hearsay).

>>56212682
They're not very fucking pricey
An AGE is like $15 more than a maple, something you will more than recover when you sell
Nice fud tho

>>56212451
A good dealer will check spot regularly and their prices will adjust as the spot moves, my LCS currently has their price $225 over spot for AGEs and will buy them for $20 over spot because there's enough demand for them.

Similar with ASEs just lower premiums on both sides.

Rounds in bulk will be your best bet for spot price, but don't expect them to be worth any more than spot, where as coins always carry a premium

>>56212513
What's a good silver price for you? Am I too used to high prices that now is exciting?

>>56212833
Anything around $25 an oz these days is nice but I always try to buy below that if possible

>>56212833
This is why I have never bought from an lcs. You can get an age for 100 less online

>>56212758
>An AGE is like $15 more than a maple
Confirmed, at least on Bold.
Not FUD though - just a mistake.

>>56212940
U can check the buyback prices also. SD is paying $30 over for random eagles, $13 for maples.
Eagles are always the answer

>>56212940
they're even cheaper than maples at stout

https://www.stoutgold.co/product/57-any-year-1oz-american-gold-eagle

>>56212960
>Eagles are always the answer
kek, i know an egg connoisseur who deeply regret those words. Be careful anon, the only constant in the universe is change.

>>56204951
>No such thing in yuropoorland, only debit cards exist
Poppycock. I have AMEX (blue) with about 10k€ credit and a Visa from my bank that i guess offers thrice my monthly income, so roughly 12k€. None costs anything.

>>56204891
Not mega rich, but you need to have your bases covered:
1) Emergency fund, say three times your monthly expenses, more with children
2) maxed pension funds, monthly ETFs
3) no debt beyond a house, not even for a car
4) now you may buy gold

If you don't have your bases covered you may be forced to sell your stack, which is sad if you stack gold, but usually catastrophic if you stack silver. Those 30% premiums? You don't get them back when you have to sell quick.

>economy is doing well
>metals go down
>economy is doing poorly
>metals move down

>>56213174
A silver quarter from back in the day has about the same buying power that it does today due to the silver content.

>>56213174
I will happily take another 3 years to stack cheapies. Year over year the silver deficits worsen so it is in our advantage to kick the can. Unless you're old and you want to enjoy the payday while you're still healthy.

i don't have a gold eagle, buffalo, or krug. i figure i should pick up one of these next. which would you go for?

>>56197116
AAAA IT'S HERE! I ordered a bit of Germania Mint stuff! Working hard to take a good pic rn and will post sooon! I'm so happy right now guys!

>>56207793
>werewolf
suuuper jealous!

>>56213174
Metals are a hedge against the monetary/banking system implosion. They dumped hard with the market drawdown of 08-09 GFC, came back a little, and only really took off with the euro debt crisis. And qe. People run to cash in financial downturns, they run to gold when faith in banking systems fails

I made a post about the DXY breaking 106 early this week. It's kept on climbing *very* fucking steady. If it keeps 106 this week, it's headed to 113 next. This is horrible news for the world. It could get to 130 or more, breaking everything in its path. We'd have to have a plaza accords 2.0
>>56213250
I like all of them. I think I bought an eagle first, then a buff, then the krugs. Flip a coin, and see which one your brain wants more before it lands.

Because the jewish niggerfaggots have initiated yet another tamp that does not make any logical sense, I have added 2 OZT to my AU stack today.

>>56206098
This is why you need to cover your bases first.

>>56213500
I think today's dip has to do with JP Morgan settling their Epstein Island lawsuit today. Just my thoughts.

What is this? It's no regular Britannia!
WHAT IS IT!

was gonna buy a tube of 25 new silver britannias but now I'm buying 2x mixed date sovereigns instead. Thoughts? I'm in the UK so 20%VAT on silver but none on gold

>>56213663
Gold is better than silver. That is all i know.

>>56213642
that's the one i was talking about

https://www.goldeneaglecoin.com/item/2018-gold-britannia-one-ounce-bu-oriental-border

https://www.goldeneaglecoin.com/item/2019-gold-britannia-one-ounce-bu-oriental-border

>>56213642
>The Royal Mint have released a limited version of the Britannia. This design varies from the usual Britannia with the addition of an 'Oriental Border', inspired by the Chinese-themed rooms at Buckingham Palace and the Royal Pavilion in Brighton. The Oriental Border variant ran for 3 years, from 2018 to 2020 and will not be continued. A proof version was only available for the 2018 version.

>>56213737
>>56213753
I personally think i need to buy this.
Also, i would fuck the girl.

>>56212115
>I got a bunch of cash lying around
>~$5k

>>56212115
See if you can find a good local coin shop. My LCS sells gold at spot. If you have something similar near you, that'll be your best bet for buying fractional gold.

>>56213948
What's the issue with 5k?

>>56214040
>What's the issue with 5k?
$5k isn't "a bunch of cash" to some of the people here. Don't worry though, that's 2.5 oz of gold, which is in the grand scheme of things, a lot of money.

I'm now satisfied after Bold just sent me a 2023 type AGE when I ordered a random date.

>>56214040
dude is just trying to dick measure with yuo. dont worry bro, 5k is an awesome stack, and i bet it will be alot of fun finding neat coins!

>>56212115
Listen to this anon and check out your local coin shops:
>>56213996
>My LCS sells gold at spot. If you have something similar near you, that'll be your best bet for buying fractional gold.

The prices asked by big online bullion dealers tend to be competitive with other online dealers, but you'll never get lucrative below-market cheapies from those retailers. Granted, many coin shops charge prices which would make you think you're in Tel Aviv, but others are extremely based and sell some kinds of gold and silver very cheap compared to online dealers, or even at actual melt/spot price.

>>56214040
>What's the issue with 5k?

Anon had to spend $50k on their botched full frontal surgery, so it thinks $5k isn't much money

>>56212115
would probably buy one 1oz coin now, wait a bit, then buy another one. i wouldn't waste the extra premium money buying fractionals at this point.

Anybody seeing the new 10 oz kooks cheaper than this?

Very tempted to slurp this up during the dip.

>>56214559
What's on the flip side?

>>56214549
https://bullionbrother.com/product/546175-2023-10oz-australian-perth-mint-9999-silver-kookaburra-coins

>>56201807
If you just want to buy some PMs, buy silver. 1 oz costs you basically nothing and collecting is fun.

>>56214600
Flip side. Very nice. Makes me proud to be a leaf.

>>56214050
i have 50k in cash in my bedroom drawer just in case something happens and i need to take off with some cash

5K is barely enough to buy a loaf of bread who the fuck is that guy kidding indeed

>>56214646
Lol
LMAO
First you have a queen on ur coins and now a bank
Quality content dog fucker

https://www.youtube.com/watch?v=8wPr9DBlzrw

I WILL buy official MLP G1 coins and I WILL be happy. You cannot do anything about it.

>>56214675
Not to defend the giant faggots at TD Bank but can you think of any US banks where you can walk into a branch and purchase gold bars?

>>56214675
You are a globohomo cuck. I’m proud that the gold is sourced from within our borders. Go kvetch else were. WAGMI

>>56214722
I have more gold than your government

>>56214740
Lol. Lmao. Most stackers do. Our government is royally cucked. 1g is greater than zero.

>>56214740
Are you being a dick for any particular reason? Or just because you can?

>>56214852
i have the b&t cz clone. i fiddled with some upgrades springs for the trigger and hammer and a new firing pin. fucking light primer strikes several times a magazine. really gets my goat.

everyone look at this 1855 luster bomb

>>56214646
Not horrible. The map side is the seller.

>>56214675
>Doesn't know coinage for generic

and this should really be silver. enough with the bronze already

>>56214675
imagine not having a monarch on your coins, cringe

wtf cheap old libertads. they don't charge tax. regular free shipping limit.

https://www.stoutgold.co/product/305551-1982-mexico-1-oz-silver-libertad

NEW
>>56215049
>>56215049
>>56215049

>>56215054
based rika poster

>>56214906
>there's not a reptilian shapeshifter on my coins
oh... no... how will I recover from this?

>>56213996
I will most definitely do that, that's been the plan since i don't want to deposit my money to buy online.
>>56213948
trust me I ain't exactly rolling in the dough, just don't want my money sitting in the bank, or eaten away by inflation.

>>56215430

>>56215578

>>56215628
>that pic
i wonder if that anon still posts here

>>56215874
he does, but now he posts while wearing that suit

>>56216079
dangerously based