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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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File: 3.35 MB, 6000x4000, stackgold.jpg [View same] [iqdb] [saucenao] [google]
58464408 No.58464408 [Reply] [Original]

Aurum Edition

>Why Gold?
https://youtu.be/i3S4rl6ehiI
https://youtu.be/gksenA5Al_A
https://youtu.be/FI7NnOg2rxo

>Bullion dealers
https://libertycoin.com/ (US)
https://www.chards.co.uk/ (EU/UK)
https://www.silburycoins.co.uk/ (Ancient)
https://www.luciteria.com/ (Other rare metals)
more at: https://pastebin.com/gZfZHtNE

>Numismatic search
https://en.numista.com/catalogue/
https://www.ngccoin.com/price-guide/world/

>News and graphs
https://numismag.com/en/home-en/
https://silverseek.com/
https://www.silverdoctors.com/
https://www.mining.com/
https://silverbacksnakes.io/finance/silver
https://www.gold.org/goldhub/data/gold-reserves-by-country
https://wtfhappenedin1971.com/

>Compare
https://findbullionprices.com/ (US)
https://eu.compare.pm/ (EU)
https://www.gold.de/aufgeldtabelle/ (DE/EU)

>Resources
https://www.jmbullion.com/ultimate-guide-to-90-silver-coins/
https://kevinsworkbench.com/junksilverguide/
https://www.coinflation.com/
http://coinapps.com/
https://erikasgrig.com/calculators/rpi-calculator-inflation/
https://learn.apmex.com/buying-guide/buying-in-the-usa/
https://pastebin.com/5aLmWUUK

>Prospecting
https://youtu.be/ZCL6FKQZyoM
https://www.usgs.gov/programs/mineral-resources-program/science
https://www.mndm.gov.on.ca/en/news/mines-and-minerals
https://www.amazon.ca/Gold-Creeks-Ghostowns-British-Columbia/dp/088839988X

>Nitric acid, magnets, and ping test
https://youtu.be/3mg9YcAShTo
https://youtu.be/NgSXg-WOEVY
https://youtu.be/2ymGAyKAg-k
https://www.fakebullion.com/index.php/resources/fake-bullion-database

Previous Thread: >>58428189

>> No.58464451

Apmex got gold krugs for spot right now.
Pull the trigger, or too close to the top to buy?

>> No.58464492

>>58464451
It's probably going to go up for another couple years. Not to say it can't come back to 2100 again either, but you shouldn't be trying to outsmart the market with physical. Just buy regularly and focus on minimizing price around your purchase time.

>> No.58464840

>>58464492
test

>> No.58465197
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58465197

>>58464492
>It's probably going to go up for another couple years.
Gold will be $1800 this time next year. screencap this post.

>> No.58465212

I HECKIN love liberty coin!
Shut up and take my money!

>> No.58465216

>>58464492
/Pmg/ experts weighing in


(They don't know what they are talking about they just like to feel smart on anonymous boards)

>> No.58465251

>>58465216
Yes, shiny rocks are always a buy

>> No.58465298
File: 480 KB, 517x1057, Screenshot_20240514-001316.png [View same] [iqdb] [saucenao] [google]
58465298

seems like a good deal with the reduced price

>> No.58465492
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58465492

>>58464408
What is /pmg/‘s thoughts on stacking alternative metals like Platinum/Palladium?

>> No.58465510
File: 1.23 MB, 1621x1080, download (4).png [View same] [iqdb] [saucenao] [google]
58465510

I will state this again, if silver hits 30$ a troy ounce spot price I'll quit masturbating for a month

>> No.58465696

>>58465510
What if we can't hit $30 until you've hit 30 days nofap????

>> No.58465990

>>58465492
I'd only do it after I've got a comfortable amount of silver and gold.

>> No.58466100
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58466100

Cryptonerds will seethe

>> No.58466437
File: 3.12 MB, 1605x1064, Deez Nutz.png [View same] [iqdb] [saucenao] [google]
58466437

After the thread is up for two weeks they changed their mind.

Bant is better anyways.suck it

>> No.58466864
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58466864

>>58464408
We are *so* back!

>> No.58467706
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58467706

pmgbros where do I get a silver dragon to guard my stack? For a non retarded price.

>> No.58467742
File: 561 KB, 1920x1080, silver shot.jpg [View same] [iqdb] [saucenao] [google]
58467742

>>58465298
E-bay is so tough to find a decent seller from. All of them word their titles ambiguously so when you get half of what you though you got it technically isn't lying. The title says "half roll" Which does imply silver half dollars as shown. EXCEPT, they definitely mean 10$FV; as in half of a full roll. Careful when looking through ebay

>> No.58467859
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58467859

>>58464408

>> No.58467987
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58467987

>>58465492
I'd suggest to follow >>58465990 advice. Build some security first, then add a small amount of spice in the form of platinum. It's more volatile and its price is almost entirely driven by its industrial uses, having nothing to do with our idea of coinage. Tbh I don't think it can fall much lower than how currently is, so it's a bet but not a particularly risky one.

Palladium however is 100% industrial and is harder to sell than platinum, at least in most countries I suppose. This is why I'll probably only ever get a single ounce of palladium for the sake of having it, but I'd love to get it as a coin and those are very rare here.

>> No.58468403
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58468403

>>58465492
If the Romans didn't use it for currency, I'm not stacking it.

>> No.58468704

What do you Cats think of all this GME chatter?

>> No.58468707

>>58465492
Grab some for fun/just to have but dont make it your primary

>>58468403
BIGGLY if True

>> No.58468788
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58468788

>>58468403
words of the wise

>> No.58468896 [DELETED] 

>>58465492
Tl;dr - it's a speculation.
The price for platinum seems to bounce between US$ 1050 and 850, and right now it's very high in that range. Sure, it could be near a new median.
Its current main price driver is its use in catalytic converters. For a while it seemed internal combustion engines (ICEs) were on the way out, to be replaced by electric vehicles (EVs). Now we see EV sales dropping off, and that might explain its current price surge. Another factor is hydrogen fuel cells (HFCs) - Personally, I think these are the way of the future. Pt is currently used as a catalyst in those, but there was at least one claim of being able to use a silver-base catalyst instead.
It stil has many other uses, but they're fairly consistent and therfore will be inlikely to affect changes in price.

>> No.58468902

>>58465492
Tl;dr - it's a speculation.
The price for platinum seems to bounce between US$ 1050 and 850, and right now it's very high in that range. Sure, it could be near a new median.
Its current main price driver is its use in catalytic converters. For a while it seemed internal combustion engines (ICEs) were on the way out, to be replaced by electric vehicles (EVs). Now we see EV sales dropping off, and that might explain its current price surge. Another factor is hydrogen fuel cells (HFCs) - Personally, I think these are the way of the future. Pt is currently used as a catalyst in those, but there was at least one claim of being able to use a silver-base catalyst instead.
It still has many other uses, but they're fairly consistent and therfore will be unlikely to affect changes in price.

>> No.58469621

>>58467706
>buy a silver dragon mold
>buy a crucible
>buy a MAP gas torch from a hardware store
>buy silver shot
>melt it down with the torch
>pour into mold
>fuck it up
>cut the failed piece into small enough chunks to remelt
>repeat until satisfied

>> No.58469635

>>58468902
I'm in the electrical business and can tell you that commercial-grade HFCs are ramping up in usage for private facilities.

>> No.58469821

>>58469621
>Where can I buy
>Just buy a couple G's worth of gear and make your own bro

Sure, I'll start smelting my own coins next. Just let me buy a mint first.

>> No.58470028

>>58469821
You should start with a mine, actually. Maybe a chemical processing plant before that.

>> No.58470041

finally dumped my pslv bags. I'm going to wait for a dip and use the money to buy more asahi bars

>> No.58470454

>>58469635
Interesting - can you elaborate on how? Do you mean power generation for homes/offices, or what?

>> No.58470468
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58470468

>>58470041
should I get a tube of 1oz bars or 3 10oz bars? Asahi rounds are solid, but the bars are just so much more kino

>> No.58470797
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58470797

>> No.58471567

feels good to be back
WAGMI
>>58468704
who knows? I wish them well
have a couple hundred shares myself

>> No.58471607

>>58468704
I'm spending too much money on shiny to care or be able to gamble. More power to them if /biz/ makes a buck off of it, I suppose.

>> No.58472274
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58472274

>>58470468
I like bars. I suppose I should grab a fresh photo of them some have gathered a bit of tarnish.

>> No.58472510

>>58466437
I just got 10 of these in the mail. My first maples. Absolutely love the look

>> No.58472525

>>58470468
Get whatever gets you the most silver for you dollar. Probably the 10ozt bars. Don’t go too large in a bar as you run into issues should you need exit liquidity. 10 OZT is not too big though. Asahi is my favorite generic brand, nice choices anon.

>> No.58472597

>>58469821
My dude, the mold would be the only expensive part. Probably the cheapest.

Hell, you could get a plastic dragon and make a mold out of molding sand. MAP gas is cheap as fuck, a crucible is cheap as fuck, and you can get shot closer to spot than anything else.

Stop being so fat and lazy

>> No.58472997

No more email verification? good. Bet this place is dead now though

>> No.58473027

>>58472997
Better dead than dishonest. I don't really mind the quiet.

>> No.58473085

>>58472997
better a slow comfy thread than one filled with shills and scammers.

>> No.58473310
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58473310

>>58472997
At least the shills are gone.

>> No.58473314

>>58473085
how about slow uncomfy threads filled with shills and scammers

>> No.58474227
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58474227

>>58464408
Panning for gold seems like such a nice hobby. Has anybody ever tried it? How much gold do you find in a day?

>> No.58474236

guys... do you feel it?

>> No.58474590

>>58472997
>no more email verification
https://www.youtube.com/watch?v=SEx1h4Cfrjs

>> No.58474640

wtfwtfwtf

>> No.58474807
File: 1.57 MB, 1724x1024, cheapes.png [View same] [iqdb] [saucenao] [google]
58474807

>CPI comes in as forecast
>everything pumps

>> No.58475061
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58475061

GM Frens

>> No.58475777

what site usually has the best copper coin deals?

>> No.58475946
File: 3 KB, 191x49, screenshot_20240515_093232.png [View same] [iqdb] [saucenao] [google]
58475946

Its pumping my bastards!

>> No.58476013

>>58475777
The only good copper coin deals are the ones you dumpster dive.

>> No.58476148

>>58474227
>How much gold do you find in a day?
Depends on where you live, whether you're in a gold producing district. There are areas in AZ that you can find nuggets just sitting on top of the topsoil with a metal detector. Places in Idaho, Oregon, and California where you can find free mill gold in running water. I like panning because it's kind of like solving a puzzle, chasing the gold dust or flakes (if you're lucky) to the source.

>> No.58476380
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58476380

ho
lee
fuk

>> No.58476445
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58476445

Why did mods take away the requirement to provide an email before posting?

>> No.58476511

>>58476380
$230 silver is coming soon. It will crash harder than bitcoin does back to $60 within days because of its industrial value and (((they))) can't have that. It will then claw its way to $95 and crab there because of the three digit psychological effect. By 2026, it's $110-120 and everyone here is shitting on it for a lack of price action because they bought in at $112.

There you go biz, that is what will happen and you will hate me for it. Nothing will actually happen until 2031 when it goes to $2400, but a McDonalds meal is 2.35dd by then which is the cbdc equivalent of $220 now. The US cbdc ("seebee" or "seeb" depending on your accent) is deflationary so you have to spend it or lose it. Fucking mountains of skives everywhere. Those shitbergs are on every corner selling everything for anything that isn't cb. Leg its beyond gay

>> No.58476607

>>58476511
Just fyi in 2033: warnock fucks everything up, binance banned (again?). bengals are going to win the super bowl, machine guns were legal to register for like 2 minutes between the court and warnock, the DP just lost poland but who cares, fuck I dunno

>> No.58476638
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58476638

>>58476511
>>58476607
*snap* yep, these ones are going in my cringe compilation

>> No.58476656
File: 1.03 MB, 1008x713, sureHere.jpg [View same] [iqdb] [saucenao] [google]
58476656

look how blue it is

>> No.58476849

>>58476656
Love the color

>> No.58477025

Is it worth buying those pre-owned bullions? It seems you can save a few hundred dollars? Is there a catch?

>> No.58477552
File: 1.28 MB, 4000x3000, SilverChud.jpg [View same] [iqdb] [saucenao] [google]
58477552

GME ran up and if my calls get exercised I will have bagged $10,000 in profit which get dumped into silver.
So satisfying to go on a spending spree

>> No.58477588
File: 31 KB, 1224x452, Screenshot 2024-05-15 153059.png [View same] [iqdb] [saucenao] [google]
58477588

>>58476511
idk, man. That run up has been too hot and unexplainable.
$22 to $29 in 3 months? For what reason? I bet we'll see a correction and summer doldrums and $24 in the Fall.
I bought shorts and will be using that profit to buy free silver.

>> No.58477593

Bros we are wagmi

>> No.58477601

>>58477588
>$29
It's 29.80. That's a 36% increase in 3 months. It isn't natural. I don't disagree silver isn't undervalued, but a 36% increase in 3 months?
Don't be shocked if we see a 40% decrease in the next 3 months.

>> No.58477623
File: 1.46 MB, 2701x2009, 1704617882565.jpg [View same] [iqdb] [saucenao] [google]
58477623

>>58477588
I just sold my pslv and took profits. I agree. I'm going to wait for the next correction and get more physical. It'll hit $30, but I think we'll see a drop to at least $27 or $28 in the coming months. You know (((they))) have many tricks under their sleeves to shut this down before it gets out of their control.

>> No.58477651

>>58477593
Need a weekly close at 30 to really make me believe

>> No.58477683
File: 92 KB, 900x900, Asahi1ozSilverFreedomRounds1_5000x.jpg [View same] [iqdb] [saucenao] [google]
58477683

>>58477025
That's a big "depends". Are you buying from a reputable dealer or from some guy selling out of the trunk of his car? There's a lot of sketchy stuff on the secondary market.
Is it tarnished? When you go to sell, buyers will pay more for shiny silver (unless, of course, it's junk silver).

>> No.58477756

>>58477601
>silver at shadowstats all-time lows
>coming out of giant reverse head & shoulders
>wahhh this isnt natural
Look at how your asset moves historically. Silver doesn't do organic climbs. It's going to 50 or 15 in the next 6 months.

>> No.58478067

>>58472510
You bought ten Oz of platinum?

>> No.58478083

>>58477601
> tell me you don't have any idea what stochastic calc is without saying it.

>> No.58478097

How much GME are Cats here buying? Like has anyone here sold some Gold or Silver to buy some GME stock and DRS it over?

>> No.58478185

>>58477601
It will keep increasing. The fed mentioned interest rate cuts. When the feds cut rates people flock to pms as a safe haven. It may pull back some but pulling some random number out of your ass doesn't help this general at all. A 40% pullback is not in the cards.

>> No.58478210
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58478210

>>58478185
it was a green day across the board. there will be a correction/pullback coming, but I agree that pm will keep pumping on the long term

>> No.58478221

>>58478083
>stochastic calc
>Looks up 'inventor'
>Can see it's bullshit a mile away
>>58477756
>It's going to 50 or 15 in the next 6 months.
I agree.
>Silver doesn't do organic climbs
So it seems.
>takes a big jump up
>slides back down
>takes a big jump up
>slides back down
The question is if the jump is over.
>>58477623
I agree. I agree. Shut it down!

>> No.58478378

>>58478221
Remember to HODL, anon! *diamond* *hands* emoji!!! Never take profits off the top when opportunities arise because this one is going to the MOON. $50 ounce in 2 more weeks!

>> No.58478387

>>58477683
I mean from sites like chards in the OP. New is 2900, pre-owned 2400 for example.

>> No.58478597
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58478597

If silver is 50 dollars tomorrow I will not be selling.

>> No.58478666
File: 125 KB, 501x717, rika small gold.jpg [View same] [iqdb] [saucenao] [google]
58478666

Did you miss me?

>> No.58478669

>>58478666
yes

>> No.58478685

>>58478669
Awwww. Thanks.

>> No.58478818
File: 1.90 MB, 1716x2520, 86dc2bc1-45c0-463c-b5ec-5c80f84b02f1.jfif.jpg [View same] [iqdb] [saucenao] [google]
58478818

So 30's clocked in? Isn't this the first time in like decade that's happened. Also no wanking off for me anymore

>> No.58479103

>>58477552
Hope you can secure that bag anon, would feel very comfy indeed.

>> No.58479131

>>58478378
Exactly. I've been weathered by penny stocks and the stock market and (gasp) even precious metals. They're volatile. I'm trying to learn to ride the waves
>>58478597
I don't take it personally.
In this thread I've said PM are too expensive
I've said I'm shorting (PAPER) silver
I'm hoping prices drop so I can buy
In prior years I would have been called out as a shill by a dozen anons. I'm not. I just want to get more silver for my depreciating dollar.

>> No.58479133
File: 137 KB, 2072x634, first.png [View same] [iqdb] [saucenao] [google]
58479133

https://www.youtube.com/watch?v=hQo1HIcSVtg
>>58478818
das cheapies ist kaputt

>> No.58479146

>>58479131
I think prices are going back down, shorting is a good call.

>> No.58479198

We are at a 5 year high, but the futures market is net short silver

>> No.58479205
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58479205

>>58479198
forgot pic

>> No.58479208
File: 110 KB, 1200x900, The-Treasure-of-the-Sierra-Madre-Huston.jpg [View same] [iqdb] [saucenao] [google]
58479208

THIRTY
HIRTYT
IRTYTH
RTYTHI
TYTHIR
YTHIRT

WAGMI frens

>> No.58479236
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58479236

You know what they say.
All silver toasts jew hands via the oligodynamic effect.

>> No.58479332
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58479332

https://www.youtube.com/watch?v=HV4DgLK8LCg
skitzobros its our time to shine

>> No.58479377
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58479377

>>58479208
29.8

>> No.58479385

>>58465510
Silver hit $30 four times today.
That means no touching until this fall.

>> No.58479535
File: 468 KB, 628x842, 1107B7B0-FA95-47F5-A382-F08E7DD921C2.jpg [View same] [iqdb] [saucenao] [google]
58479535

Michael Burry is buying up gold
>>58479466

>> No.58479659

So is this the top?
I can still get some gold/silver at spot right now but it seems like a deal too good to be true

>> No.58479709

>>58468902
I remember when platinum was more expensive than gold

>> No.58479812

>>58479709
Same. It was $2000 an ounce when gold was under $1000 back in 2009. Fundamentally it would seem to make sense given the tiny market.
I think platinum is a screaming buy at these prices, although silver is still probably the best bang for your buck.

>> No.58479889

now that email verification is gone I have say this friends.

There isnt much time left, lot of shits burning down around us, the phoenix is rising.

>> No.58479925

>>58479709
Yep. My how times have changed, eh?
It recently surpassed palladium.
Maybe again someday.
Anybody watching copper? It's basically $5/lb now.

>> No.58480006

Bought first bullion just now, AUD 600 for 5g. Did I win?

>> No.58480022

>>58480006
You paid an absolutely unheard of premium if it was a month or two ago

>> No.58480044

>>58480006

Elaborate? I bought it in person from a dealer since they sold 5g for under the price of the official retailer and almost $100 less than some of the other mints in Australia.

I am very much still a beginner though.

>> No.58480051

>>58480044
Are you replying to yourself on accident or what? It's sketchy enough to even post on /biz/ right now

>> No.58480087

>>58467859
ive been buying both since it all started. im very comfy.


whenever i need to explain gme to normies, i send them these vids.

"Do you know the only CEO on Wall Street that takes home zero pay, zero stock, and zero bonuses by choice?

And is also a meme lord?"

You can have 741 guesses. Go.
https://x.com/Cancelcloco/status/1735808257586029001

"Did you know that every share of every stock is actually held by a private company called DTCC?

And it turns out that company was at the heart of what happened and is still going on with GME.

Conflicts of interest and SROs everywhere.

Probably nothing… "

https://x.com/Cancelcloco/status/1740515711775346762

"Who owns the most expensive house in the world? Well thankfully he’s a really great guy and we should all learn more about him so we can worship him as the peasants that we are."

https://x.com/Cancelcloco/status/1736168265607684480


all posted in chronological order.

https://x.com/Cancelcloco/status/1790524969623175629 this one here is the latest summary.

>> No.58480091

>>58480051
Was an accident

>> No.58480100

>>58478097
nope both silver and gme are to valuable to let go.

>> No.58480185

>>58479812
The main issue with physical platinum is selling it for a good price, its far less liquid than gold or silver are so finding someone willing to take it off of you for anything better than a gross lowball is rough.

>> No.58481063
File: 123 KB, 900x629, schmita jew money cycle.jpg [View same] [iqdb] [saucenao] [google]
58481063

>>58464492
A couple

>> No.58481813

I got this. Will be throwing PMs and vintage pokemon cards in it.

https://www.amazon.com/gp/product/B0CWQJPCBZ/ref=ppx_yo_dt_b_asin_title_o00_s00?ie=UTF8&psc=1

>> No.58481898
File: 170 KB, 960x1280, photo_2024-05-16_18-40-54.jpg [View same] [iqdb] [saucenao] [google]
58481898

>>58464408
rare ching coin

>> No.58482539

email verification is gone? great

>> No.58482685
File: 1.48 MB, 6000x4000, Cat.jpg [View same] [iqdb] [saucenao] [google]
58482685

GME made a run and so I bought myself the following:
100 bar silver (John Matthey)
2x kilos silver (pamp & valcambi)
10gram pamp gold assay
$50FV bag quarters
4x rolls half dollars
4x rolls 90% halves

Thanks Game stop. Since the calls I sold are back down under $34 I get the fun of coming up with $8700 these next few months. kek

>> No.58482808

>>58482685
I have a JM bar that is really nice looking.
The one I just got today looks like absolute fucking shit.

>> No.58483128

newfaggot here
do you actually make money buying precious metals? Let's say the price in shit fiat money increases because of inflation, even if you sell after a x1.15, that accomplishes nothing because everything will be roughly accordingly more expensive. ig it is still much better than letting money sleep as fiat, but tell me why you buy metals

>> No.58483151

>>58483128
>but tell me why you buy metals
convert fiat into something with value for when fiat fails. essentially a more secure savings account

>> No.58483208
File: 915 KB, 1096x1461, 20220625_141913.jpg [View same] [iqdb] [saucenao] [google]
58483208

>>58483128
You assume the current fiat system can go on forever. It can't. It won't. They NEVER do. The fiat dollar WILL fail, the only question is when. When it does, all paper assets (except perhaps stock in solid companies that actually produce something worthwhile) will go to zero. Only hard assets will survive. If you want to preserve wealth through the coming storm, PMs are as good as it gets.

>> No.58483338
File: 1.68 MB, 1870x1401, AlanGreenspanMoney.png [View same] [iqdb] [saucenao] [google]
58483338

>>58483128
The key thing watch is the bond market. If it implodes all of the leverage gets forcefully ripped from the economy and the banking system where we store all of our "credit" gets revealed to be a big ponzi scheme.
Banks actually save themselves by revaluing their deposits against metals so in desperate times they just revalue the gold on their balance sheet and everyone just gets impoverished. This is 100% what is going to happen again. And if you position yourself appropriately the great depression can be quite comfy.
The people all-in on stocks, real estate, bonds etc are going to get slaughtered once the purchasing power of credit starts to errode. The people with backhoes and small businesses and skills will be able to adjust. And that includes having value outside of the banking system (capital).
If you don't understand this then you may want to read some books until you do. The defining event for generations is not that far off.

>> No.58483415

will this fucking piece of shit ever break $30 or what? mike maloney promised me triple digits

>> No.58483417
File: 971 KB, 3000x2000, 19thC.jpg [View same] [iqdb] [saucenao] [google]
58483417

two more weeks

>> No.58483569

>>58483338
By "implodes" do you mean capital flees from bonds causing interest rates to run sky high?

>> No.58483631

>>58483569
I'm saying at some point some entity sitting on those bonds is going to want the value from them and will want to spend them on real-world capital and the government won't have a chance in hell of making good on it. And I think there will be a tipping point where the attempt to make these bad IOUs good will lead to a strain on the real world supply of commodities and the thing will unravel very quickly. What is theoretically "owed" by the bond market is multiples of the global GDP. It makes no sense that the entire world is literally not enough to make these bonds whole but we somehow need to come up with multiples of the global GDP to engage in an act of crippling deflation. Attempting to offset it with crippling inflation.
It's where this is all headed and it's pretty obviously on its face problematic. The thing that keeps people invested in it is that you can put money into it and keep earning basis points. If bonds stop being profitable and people want to flee to something else the musical chairs starts.

>> No.58483866
File: 177 KB, 1024x1024, last time..jpg [View same] [iqdb] [saucenao] [google]
58483866

>>58475061
>GM Frens
good afternoon fren

>> No.58483878
File: 324 KB, 1016x1173, 1000019185.jpg [View same] [iqdb] [saucenao] [google]
58483878

>>58475777
checked
>what site usually has the best copper coin deals?

banks

ask for 1000 bucks in pennies, then separate the copper and bronze.

>> No.58483891

>>58477651
>Need a weekly close at 30 to really make me believe

https://youtu.be/6PtdpI-D6mM

>> No.58483932

>silver is at $30
Should I wait and hope it goes down or go all in?

>> No.58484048

>>58483932
Go in for 1/3 of what you were going to spend. If it takes off at least you made something. If it rips back down to $15 you can go all in and still have a reasonable average entry.

>> No.58484248

>>58483631
I see the collapse starting in Asia with China and Japan dumping US bonds. Then it's toast.

>> No.58484254
File: 947 KB, 2048x1536, 0802111740.jpg [View same] [iqdb] [saucenao] [google]
58484254

>>58474227
it's nice being outside, but you're never going to find any volume anywhere you can reach without a wetsuit and air supply. If you want to find ounces, the tool to use is a dredge, and there are usually state regulations involved with that. You can pan just about anywhere at any time, but you will never find enough gold to even pay for the gasoline used getting you there.

>> No.58484359

>>58483631
But whether it starts with collapse of the bond market or government trying to spend its way out of a depression, the end is always the fires of inflation. It's always the last tool in the tool box.

>> No.58484834
File: 851 KB, 2420x1366, IMG_5887.jpg [View same] [iqdb] [saucenao] [google]
58484834

Evening Anons. Does anyone still post collections?

>> No.58484887
File: 672 KB, 765x376, file.png [View same] [iqdb] [saucenao] [google]
58484887

>>58484834

>> No.58485009

>>58484834
That's a neat looking ring. Can we see a closeup?

>> No.58485148
File: 2.03 MB, 2268x4032, IMG_9762.jpg [View same] [iqdb] [saucenao] [google]
58485148

>>58485009
It's just plated, belonged to a relative

>> No.58485212
File: 202 KB, 995x1427, toddspmg educational pamphlet.png [View same] [iqdb] [saucenao] [google]
58485212

>>58484834
I like your stack box
>I'm almost done organizing/paraphrasing a whole essay into a educational pamphlet for the average person

>> No.58485235
File: 129 KB, 600x648, my wife makes quarters.jpg [View same] [iqdb] [saucenao] [google]
58485235

>>58485212
Should I go deep into 1970 gold or just leave it as silver related. The highlights are
>Hamilton v Jefferson
>Jackson v Biddle
>every coinage/mint act
>the fact that america paid 100% of its original 18th century debt.
>The formation of the 1st/2nd B.U.S. as well as the Treasury-Federal reserve
>A simple integrated view of economic/stock crashes caused by stocks as they relate to the banks/politics
>How the banks were originally structured to how they are structured today
>stopping at Black friday and all financial/political decisions that caused it
>

>> No.58485248
File: 3.40 MB, 3645x2592, IMG_9698.jpg [View same] [iqdb] [saucenao] [google]
58485248

>>58485212
Thanks anon, one of these days I'll actually get back to adding to it. Been busy buying brass/firearms that I like since shooting has progressed to a more steady hobby.

>> No.58485930

>>58467742
pure autism

>> No.58487002
File: 30 KB, 763x370, screenshot_20240517_070418.png [View same] [iqdb] [saucenao] [google]
58487002

holy shit

sideliners BTFO

>> No.58487034

Are engraved coins worth buying or is it better to buy straight bullions?
Stuff like; https://www.muenzeoesterreich.at/produkte/20-euro-silbermuenze-europa-weisheit-der-eule-pp
Seems interesting, but looks way overpriced.

>> No.58487119

>>58476445
no way test

>> No.58487125
File: 206 KB, 774x608, Screenshot 2024-05-17 at 8.26.10 AM.png [View same] [iqdb] [saucenao] [google]
58487125

>>58476511

>> No.58487134

>>58464408

>BTC All time high
>Gold All time high
>Silver back at $30
>Russia has already taken 20% of Ukraine
>USA 34.7 trillion in debt

I'm surprised silver isn't $100 an ounce by now, it should be clear that USD is monopoly money at this point

>> No.58487147

were back

>> No.58487155

>>58487134
>BTC All time high
uhhh

>> No.58487164

>>58487134

silver is going to $100 possibly this year

>> No.58487208
File: 445 KB, 1096x1461, 20210422_063856.jpg [View same] [iqdb] [saucenao] [google]
58487208

>>58487034
Depends on you, what you want and how much wealth you have to protect. If you are a young person just trying to save something out of your wages and protect it from the crooks in power, then your best bet is probably buying bullion as cheap as you can get it (from a reliable source).

If, on the other hand, you have some accumulated wealth you are trying to protect, then just stacking mundane bullion gets a little boring. There is a whole world of art and history stamped into gold and silver. Buying what you like makes the process of protecting your wealth more fun. Life should be fun even if society is collapsing around you.

>> No.58487250
File: 8 KB, 603x45, Screenshot 2024-05-17 094437.png [View same] [iqdb] [saucenao] [google]
58487250

>Silver above $30
>Gold broke through $2,400
I don't feel so good

>> No.58487274
File: 314 KB, 1128x846, 20230519_140905.jpg [View same] [iqdb] [saucenao] [google]
58487274

>>58487250
I would not suggest waiting for a dip. But then I am risk-averse. I'm willing to lose a little being early in order to protect myself from being late.

>> No.58487278
File: 517 KB, 637x632, kind of asset.png [View same] [iqdb] [saucenao] [google]
58487278

>> No.58487302
File: 324 KB, 1128x846, 20210530_193812.jpg [View same] [iqdb] [saucenao] [google]
58487302

>>58487278
Call me Conan.

>> No.58487307
File: 476 KB, 600x600, bloomaloney.png [View same] [iqdb] [saucenao] [google]
58487307

It's been a long road, but we're almost there. Remember the frens we lost along the way

>> No.58487348
File: 42 KB, 1270x494, Screenshot 2024-05-17 100009.png [View same] [iqdb] [saucenao] [google]
58487348

>>58487274
>up 36% in 3 months
>on no news
I've seen these run ups before. We'll see $26 by July and everyone will cry about how silver is fake and gay and how financially ruined they are
Is this how shills work? Bash it down then hype it at the peak?

>> No.58487356

>>58487348
*I'm not calling you directly a shill, just in general. The shills haven't been around in awhile.

>> No.58487509

>>58487348
Shanghai exchange is now larger than the comex. Theres "no news" in muttistan because its not happening there anymore

>> No.58487565

>>58487250
Me neither. I have some money coming my way eventually, but shiny could be real expensive by the time I get it.

>> No.58487573

>>58487348
I can't predict short-term market movements. And I doubt you have that ability. You are guessing. Of course you might be right. And then again you might be wrong. I don't need to guess because I'm playing the long game and a few dollars up or down over a few months doesn't matter to me. In the long term that will not even buy chicken feed.

The day WILL come when the dollar collapses. This is not a guess, it is a certainty. When it does, it very well may happen quickly and without much more warning than we already have. Then it will be too late to transfer burning paper dollars into hard assets.

On the other hand, as I said, I'm risk averse. And I have a tendency towards apocalyptic thinking. I'll pay a little more for peace of mind. I'm also lazy. Trying to follow short-term market movements is more work than I want to do. I would rather buy when I am ready to buy and then forget about it. That's just me. Some folks like the "game" of short-term trading. That's fine too!

Anyway, best of luck!

>> No.58487574

>>58487250
I have 33 gold ounces, will I make it?

>> No.58487610

>>58487574
boomer moment

>> No.58487615
File: 279 KB, 1296x1040, Screenshot 2024-05-17 at 10.47.36 AM.png [View same] [iqdb] [saucenao] [google]
58487615

>>58487574

>> No.58487617

>>58487610
Reported for Antisemitism.

>> No.58487639
File: 30 KB, 480x480, big.jpg [View same] [iqdb] [saucenao] [google]
58487639

31 soon

>> No.58487671
File: 37 KB, 967x382, Screenshot 2024-05-17 104922.png [View same] [iqdb] [saucenao] [google]
58487671

>>58487509
Can't blame the relative strength of the buck
>>58487573
>And I doubt you have that ability.
Absolutely.
I don't play the short game, but I dabble in the medium, aka buying the dips.
It's a volatile commodity. You all are always in the
>hedge for inflation
until silver acts volatile and spikes 40% ytd and everyone is
>buy buy buy it's the new shit coin!
>Maybe it'll be $100 tomorrow based on absolutely nothing!
A silver quarter could buy lunch in 1964. It holds the same value today. If silver goes to $500, God help us all.
>>58487574
don't you have a lodge meeting you need to go to?

>> No.58487682

>>58487671
>don't you have a lodge meeting you need to go to?
Cope and dilate silver tranny.

>> No.58487702

>>58487671
>A silver quarter could buy lunch in 1964
Why would you use the last year of silver coinage as a value benchmark, ie. the time when silver was at the absolute bottom

>> No.58487709

Apmex "spot price" is actually higher than the Yahoo futures price right now. Quite a bit higher. Is that unusual? I don't check this every hour of every day.
Every single time I have ever checked the different sites Kitco has the lowest spot price then Apmex above that and the Yahoo future price at the most expensive.

>> No.58487727

Yahoo silver futures price within a cunt hair of $31

>> No.58487731

>>58487709
its not unusual at all

>> No.58487737

>>58465492
Do it.
Every western exchange is out of platinum group metals and the last western producer is going bancrupt as i type this.
Platinum is 10 times more expensive to produce than gold.

>> No.58487742

>silver breaks $30
>on a Friday
Oh boy, get ready for a false flag this weekend. That, or a bank failure.

>> No.58487755
File: 85 KB, 750x590, 1673906942496369.jpg [View same] [iqdb] [saucenao] [google]
58487755

Don't fall for their tricks. We're still on /bant/

>> No.58487782
File: 216 KB, 549x455, Smiler.png [View same] [iqdb] [saucenao] [google]
58487782

>$31

>> No.58487949
File: 107 KB, 493x804, Screenshot 2024-05-17 113321.png [View same] [iqdb] [saucenao] [google]
58487949

>>58487702
>ie. the time when silver was at the absolute bottom
Wow, that's a solid point. I should be looking towards 1933 instead. I just figured 1964 was the most modern time period when silver was our currency, but it was devalued in 1933.
Going off the prices found here
>https://www.mclib.info/Research/Local-History-Genealogy/Historic-Prices/Historic-Prices-1930s/Historic-Prices-1933
>lb of cheese was a quarter
About $6/lb today (albeit shitty plastic)
>lb of coffee was a quarter
About $8-$15/lb today
>dozen eggs for a quarter
$3-$6 around here for farm fresh
>llb of salmon for a quarter
$17/lb
>can of olives for a quarter
$3-$4 a can
Some connections aren't comparable (I'm sure the cheese was far better and mass production has made olives, etc far easier to produce), but my logic still stands.
0.18toz of silver could buy a pound of goods. That's what I peg silver to. Therefore 1oz of silver should be able to buy 5.5lbs of the above goods.
If silver moons to $500/oz, then in that model coffee would be $100/lb

>> No.58488013

>>58487949
1964 is actually a good year to benchmark if you're going to use this kind of logic because a quarter was worth something like 20 gold cents. 20th century US coinage always had a nominal gold value that was higher than the metal content of the coin.

>> No.58488017
File: 75 KB, 897x413, Screenshot 2024-05-17 115401.png [View same] [iqdb] [saucenao] [google]
58488017

>>58487949
Or we could base silver on average wage
>The average man made $1,419 per year
>That's 1,022oz of silver
At $30oz silver, that'd place the average wage at
>$30,650
A low wage indeed which could suggest silver could be undervalued at $30.

>> No.58488052
File: 652 KB, 960x540, 8.png [View same] [iqdb] [saucenao] [google]
58488052

>>58488013
It's not a perfect science by any stretch, but you can see my general view on precious metals being a hedge for inflation.
The goods and times were/are different, but the drama of 'could silver reach $1,000 next week?!' defies this type of historical understanding of what precious metals were.
/PMG/ and stackers take on an odd feel when PM gets a bump and they lose the logic of the commodity.
>A dime for a blow job
devolves to
>maybe soon it'll be a castle and a dozen sex slaves for half a dime.

>> No.58488055

i have 400 American Silver Eagles. Im tapped out financially, cant buy more, but its enough to make it interesting.

>> No.58488094

Trying to peg silver to historical prices is idiotic. Today is a totally different environment with totally different dynamics (and a much larger population)

>> No.58488186
File: 1.64 MB, 4032x3024, IMG_1367.jpg [View same] [iqdb] [saucenao] [google]
58488186

>>58488055
Anyone with 200+ ounces is going to be having plenty of fun.

>> No.58488204

>>58487742
YUGELY if true

>Silver at 30 an ounce
>Need to buy MORE
>in credit card debt

what do I do bros, Im selling most of my firearms collection to get more junk

>> No.58488213

>>58488186

thanks. COVID destroyed my life. had to leave two different jobs in different states and destroyed my savings.

but i was able to claw back a bit.

>> No.58488217
File: 216 KB, 840x738, wagmi intensifies.jpg [View same] [iqdb] [saucenao] [google]
58488217

>finally go old emails through to figure out my cost average
>realize i bought a 10g gold bar i had forgotten about
>find it at the bottom of a pile of assorted crap
tfw

>> No.58488245

>>58488213
Any stack is better then no stack!

>> No.58488251
File: 57 KB, 1024x575, 1715576656131328m.jpg [View same] [iqdb] [saucenao] [google]
58488251

>>58488186
>>58488204
>Tfw only have maybe 55 ounce of silver
Do I buy more or wait for a drop? If Silver hits $100 before I get the opportunity to stack more I'll KMS.

>> No.58488276
File: 901 KB, 220x371, 1693762856884321.gif [View same] [iqdb] [saucenao] [google]
58488276

>>58488251

>> No.58488312

>>58488245

thanks, i agree. if silver moonshots i think 400 oz will make a dent in my damaged existence.

>> No.58488359
File: 4 KB, 447x42, image_2024-05-17_184649957.png [View same] [iqdb] [saucenao] [google]
58488359

>>58487727

>> No.58488363

>31 AN OUNCE


AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.58488378

>>58488251
I wouldn't have anxiety about buying silver under $50, but I'm also strict about making physical PMs a fixed % of my portfolio and rebalancing periodically. The shadowstats adjusted price for the 20th century averages like $50.

>> No.58488420

Will 2000oz be enough to buy a house?

>> No.58488430
File: 2.16 MB, 498x333, spongebob-mr-krabs.gif [View same] [iqdb] [saucenao] [google]
58488430

THIRTY ONE
LET'S HEAR IT FOR THIRTY ONE

>> No.58488454

>>58488204
Take care of the debt first, especially if you already have a decent chunk of silver. Beyond that, selling "extra" guns (and accessories, lots of money there, too) seems wise. I'm really not sure if we can expect a correction soon or not right now though, we did just consolidate.

>> No.58488468

>>58488454
Yeah I was a big time collector of older firearms and I have about 75 with an auction house because selling them locally has become a pain. Ill get my money but its going to take time.

>> No.58488512

>>58476445
Big if true

>> No.58488528

>>58476445
board probably slowed down 20 fold

>> No.58488532

>>58469821
Well, you can buy a 300 usd resin printer and then buy 50 usd worth of wax resin. Then you make a mold from plaster, and then you can melt your silver into it. Dozens of ways to do that.

That said, I'll make you a 10 oz statue for 650 usd shipped to you. I already have all of the the above stuff. However, I will only make Blue Eyes White Dragon statues, because it's funny.

>> No.58488586

>>58488532
>Silver Blue Eyes statue
>Sapphire eyes
Breh. I bet you could make a kino Red Eyes statue if you could tarnish the silver uniformly. Maybe a rhodium coating...

>> No.58488628
File: 40 KB, 1010x497, biz.png [View same] [iqdb] [saucenao] [google]
58488628

>>58488528

>> No.58488652

>>58488420

yes but depends on the house and how much housing deflates due to interest rate spikes

>> No.58488654
File: 1.13 MB, 2054x2066, IMG_9337.jpg [View same] [iqdb] [saucenao] [google]
58488654

>>58488528
Been gone for a while came back to that, very disappointing. Glad it's "back".

Is the Anon with the radium still around?

>> No.58488671

>>58488628
OOOOOOOOF

>> No.58488684

old silver stackers how did you feel riding the gravy train back in 2009?

>> No.58488699
File: 33 KB, 720x720, 1707766439638266.jpg [View same] [iqdb] [saucenao] [google]
58488699

Fug. I need to get some gold. Wait for the dip or buy now?

>> No.58488707

>>58488684
Line went up, line went down. Still holding for collapse.

>> No.58488842

>>58487250
now we broke $31.
I can't believe it.

>> No.58488868

>>58488204
Most?
Dont sell any guns that are durable and very easily maintained not to mention shoot well

>> No.58488872
File: 325 KB, 1124x600, Screenshot 2024-05-17 at 2.02.40 PM.png [View same] [iqdb] [saucenao] [google]
58488872

>>58488363

>> No.58488881

>>58488420
>Will 2000oz be enough to buy a house?
it already enough to buy a house in a shitty area
You dont want to be one of the sad fucks who "own a house" in one of these dead neighborhoods with no resource production capabilities

>> No.58488889
File: 2.53 MB, 640x480, a7yroc7np7d61.gif [View same] [iqdb] [saucenao] [google]
58488889

>> No.58488897

>>58488842

there is no real resistance until 35, we will probably see 50$ silver by the end of the year.

3000+ gold is a good bet also

>> No.58488915
File: 262 KB, 1366x358, Screenshot 2024-05-17 at 2.08.08 PM.png [View same] [iqdb] [saucenao] [google]
58488915

I didnt buy any silver until the government gave me a bunch of money from Coronavirus
I got 10k at once and spent it ALL on silver

I already had 2k link

>> No.58488922
File: 62 KB, 612x584, istockphoto-535718403-612x612.jpg [View same] [iqdb] [saucenao] [google]
58488922

>>58488897
I can see gold going more so than silver.
I think the most cynical part of me is I remember /pmg/ around August 2020 - May 2021 when silver popped to $29 from $17.
I was hearing the exact same predictions about it being only the beginning of the moon mission and get some before it's all out and ....
It just feels like the same penny stock bag selling.
And I'm not saying silver won't hit $50 or $100 - I just see sell offs and time before that happens

>> No.58488978

>>58488922
You got buck broken by hopium, it happens. They expect some of us in the wreckage bro

>> No.58488979

>>58488586
Rhodium coating equipment is expensive and would easily triple the cost of making anything. If I was making 30 or 40 of them that would be a different question, but for 1 or 2 pieces it wouldn't be worth it. The buyer could pay someone else to coat it for them, though.

>> No.58488991

>>58488979
Oh, I know. I just wandered off on a weeb stacker fantasy. The gems probably wouldn't be too costly though. You wouldnt even need the good stuff, crystal would even work.

>> No.58489074
File: 17 KB, 380x384, screenshot_20240517_123413.png [View same] [iqdb] [saucenao] [google]
58489074

Everyone point and laugh at the losers bragging about taking profits last night/this morning

>> No.58489290
File: 49 KB, 615x822, 827f0691aa090bcfb739ad62a528a569.jpg [View same] [iqdb] [saucenao] [google]
58489290

>be me
>ignore PMs price
>keep buying no matter what

>> No.58489291

>>58488922
>And im not saying silver wont hit $50 or $100
its gonna go 50 easily. the real question/speculation no one can answer is when it happens. things like this is a sneak preview but who knows what the end of the year shows.

>> No.58489391
File: 122 KB, 960x960, FvPJeKqWcAES9yq.jpg [View same] [iqdb] [saucenao] [google]
58489391

>>58489290
Based Dollar Cost Averager

>> No.58489407
File: 828 KB, 2582x3248, IMG_20210430_151946__01.jpg [View same] [iqdb] [saucenao] [google]
58489407

>>58489291
I know, anon. I'm aware of what the dollar is becoming.
I also know it's 104 on the DXY

>> No.58489420

where are the CMMG threads?

>> No.58489487

>>58488684
I was a kid with a pretty measly stack that I bought mostly in the sub-$15 per ounce range, and I actually sold most of my collection shortly after the peak to get my first car. I sold at around 45 an ounce and I got the few thousand I needed to buy it.
No regrets, I needed that thing for school and I used it to get my first real job so the ROI was great.
I've been buying since it fell back under $30, which is ironically shortly after I graduated and started earning income again to buy.
I am actually really pleased with how I've played this over the last 20 years. If we moon again I'll probably rebalance some but I won't liquidate like I did last time.

>> No.58489556

>>58489074
This is an insane move, It’s definitely squeezing and now 50 in a couple months is guaranteed.

>> No.58489774

>>58487573
Anon, you're not alone in what you see. Hang tight because we're about to be right. All the signs are there but just cause you lead a horse to water doesn't mean you can get them to drink.

>> No.58489812

>>58465197
Are you the anon that said silver would dip 40% when it hit 28 an ounce? Please stop spamming bullshit in this general.

>> No.58489860

>>58489556
yeah i hate to use the r*ddit lingo but after skyrocketing up this fast, the massive shorts on silver which exist at any given time are going to be under tremendous pressure. If they were going to tamp it down, they would have already

>> No.58490095

>>58489812
It's the same homeless meth addicted cryptroons who always shit up these threads.

>> No.58490111

>price goes down
>sad my investment is going down
>price goes up
>sad I didn't buy more
How do I not be sad

>> No.58490139
File: 141 KB, 1024x1024, 1620020890246.jpg [View same] [iqdb] [saucenao] [google]
58490139

>>58490111
Become one with squirrel. Reverse your perception.

>> No.58490156
File: 619 KB, 644x604, costanz.png [View same] [iqdb] [saucenao] [google]
58490156

>>58490139

>> No.58490159

They didn't tamp it
They didn't even try
What does this mean

>> No.58490163

>>58490111
Just know you have something when the house of cards collapses. I wish I'd bought more myself when it first started to run. I will say this though. I will keep buying until I can't.

>> No.58490168

>>58490159
Like most highly intelligent traders looking to get the best bang for their buck they're probably waiting until Sunday night when volume is zero to market sell 6 gorillion ounces of paper contracts

>> No.58490173
File: 165 KB, 558x447, dilater.png [View same] [iqdb] [saucenao] [google]
58490173

>>58490159
idk but something big is happening behind the scenes

>> No.58490179

>>58478210
You're seeing the correction. The correction is up not down. Like I said they mentioned rate cuts and pms went up like they're supposed too. Enjoy the ride.

>> No.58490220

>>58485148
looks pretty awesome imo

>> No.58490230

>>58490173
It isn't all behind the scenes. China, second biggest single holder of American debt is unloading it at an accelerating pace and accumulating gold at an unknown, but very significant rate, as well as opening an international metals exchange in direct competition with the West. America's most powerful economic rival is kicking it squarely in the nuts, while America sinks ever-deeper into an inflationary recession and bitter domestic discord. Pretty big deal, in my opinion.

>> No.58490235

>>58490168
>probably waiting until Sunday night when volume is zero to market sell 6 gorillion ounces of paper contracts
One of these days the Russians are going to wait until they do that one Sunday evening and announce the price for a barrel of their crude oil will be 50 grams of 9999 silver. Immediately after the bankers short the shit out of silver the price will hit $70 per ounce and it will be over for them.

>> No.58490293

>>58465492
platinum/palladium are heavily tied to automobile production
>>58489074
breaking 30 is a big deal, its gonna go all the way up and test 50, if it breaks 50 crazy shit is gonna happen

>> No.58490336

>>58490159
comex/lbma warehouses are out of physical bar reserves is what it means, anything mined and refined now gets shipped ASAP once ready, and they are now behind on industrial orders

>> No.58490429

>>58477601
That's pretty typically in my experience. When it rises it jumpes and when it declines it falls

>> No.58490468

>>58477601
what you fail to understand is that silver is the most suppressed asset in the market, should be around 600 just based on current money supply aside from the mining issues caused by artificially low prices

>> No.58490492

>>58478185
The Feds aren't going to cut rates. They did the same thing back in December, hint at rate cuts and didn't follow through. They are just using their credible threat manipulation to get people to behave as if there will be rate cuts driving up the price of assets including silver.

>> No.58490507
File: 41 KB, 1134x561, rt6byu53yv.jpg [View same] [iqdb] [saucenao] [google]
58490507

lets fuckin goooo

>> No.58490508
File: 1021 KB, 783x1500, 14123742315723.png [View same] [iqdb] [saucenao] [google]
58490508

>>58489812
>Are you the anon
no. no i am not. plox to not be buying the golds until the dippage occurs. thanks be to sers.

>> No.58490528

>>58490492
>The Feds
The Feds and The Fed are two different things.

>> No.58490654

>>58490492
Rate cuts don't drive up the price of silver. People opting put of bonds because interest rates are low buy pms as a safe haven. This is how its always been. It's not rocket science. And no the fed didn't say they were going to cuts rates in December. Last week they said they would this year. Pms will go higher if they keep saying this and do this. Silver and gold also just consolidated the past couple of weeks and will now run. How far who knows.

>> No.58490694

>>58490336

so paper markets are irrelevant now?

pretty bullish

>> No.58490699
File: 771 KB, 1920x1080, RV-Milkshake-1920x1080-Hero-2.jpg [View same] [iqdb] [saucenao] [google]
58490699

>>58487134
It is but all the other monopoly money currencies have to fail first before the dolar folds per the dollar milkshake theory.

So it's stil a good time to get into dollar denominated assets. When those dollar assets skyrocket, because everyone globally flees into dollars to get away from their failed currencies, that is the signal to get out as failure of the dollar is imminent.

>> No.58490743
File: 139 KB, 1122x730, silber.jpg [View same] [iqdb] [saucenao] [google]
58490743

>>58487727
>Yahoo silver futures price within a cunt hair of $31
Well I did not see that coming

>> No.58490756

>>58490528
Typo on my part

>>58490654
Rate cuts make liquidity cheaper which encourages speculation in assets and also concerns about inflatuon. I was around for the last major run up on silver and gd and it was the rate cuts that kicked it off the last parabolic run up to the 40s.

>And no the fed didn't say they were going to cuts rates in December. Last week they said they would this year.

No they said they will if the right conditions are met whicj is whay they daid in december. What they do is make it sound like they will, or are open too. I.E the "credible threat" and let the financial markets project their desires. I expect these will not be a rate cut this year and even if there was it takes 6 months to a year for those cuts to make their way through the economy.

The FED has been very open about whay they want in their speeches which is to keep interest rates as high as they can to raise average inflation and the natural rate, but the financial markets im NYC are full of midwits who think quarter by quarter

>> No.58490890

>31+
>market closed
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.58490905

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

>> No.58490944
File: 12 KB, 770x410, silver_30_day_o_usd_x.png [View same] [iqdb] [saucenao] [google]
58490944

>>58490756
They said the discussion of cuts were coming into view in December. Then on May 1st they said they had greater confidence rate cuts were coming. Look at picrel it's the silver chart from that time period. The market believes cuts are coming as indicated by the rise in silver and gold since may 1st. The fed is fucked if they cut and if they don't. If they cut pms will go crazy and if not they will still rise but slowly. People are losing faith in the usd.

>> No.58491122

is it a pain in the ass to sell gold/silver? I've been wanting to invest in PMs but the illiquidity has always scared me off from it

>> No.58491133

>>58491122
Sell?

>> No.58491135

>>58491122
I mean you can always walk into your local trusted coin store and liquidate a lot of metal at close to spot at least.
Its only as illiquid as you want to squeeze extra value past spot out of it.
Also remember you're holding real money. Buying a car? Dropping some gold coins is going to move that shit even harder than dollar bills, precisely BECAUSE its an illiquid asset. Having a bunch of gold plop down in front of you is a lucrative idea because its much harder to go and collect that much gold yourself.

>> No.58491251

>>58490699
Or the BRICS issue a gold-backed trade currency. China isn't stacking gold to make jewelry. The idea that the dollar will be the last currency standing only holds up in the context of global MMT. A true commodity currency will grind the dollar into the dust.

>> No.58491254

>>58491122
If you are thinking of selling PMs before you even have any, you don't understand the time line.

>> No.58491269

>>58491254
Imagine buying silver at $30, selling at $100 and thinking you made out like a bandit only to end up on a corner sucking dick for Mercs anyway.

>> No.58491413
File: 300 KB, 1519x855, 1677555283630331.jpg [View same] [iqdb] [saucenao] [google]
58491413

>>58491122
Don't think of metal as an investment as such, crypto, stocks, the dollar (gross!) are the investments.
Metals are how you actually redeem your investments for wealth.

>> No.58491442
File: 1.25 MB, 2134x3179, ITS_HAPPENING.jpg [View same] [iqdb] [saucenao] [google]
58491442

>>58478666
>>58487002

>> No.58491490
File: 114 KB, 785x817, $34.73.jpg [View same] [iqdb] [saucenao] [google]
58491490

SILVER CHADS: $34.73 IN SHANGHAI

>> No.58491503

>>58488532
>10 oz statue for 650 usd shipped to you
That's honestly both a good deal and a good business. Do you do this sort of thing consistently?

>> No.58491640

Could anyone post some stacker tierlists? I just hit a common one :)

>> No.58491660
File: 250 KB, 958x1081, Bowl of rocks.jpg [View same] [iqdb] [saucenao] [google]
58491660

>>58478666
>>58484834
>>58485248
>>58487302
Old frens spotted!

I too have come back to check in due to that spicy spot spike. I demand updates and explanations! (Also, they want email verifications? Fuck that with sand for lube)

>> No.58491669

>>58491660
What’s the golden eagle coin at the top?

>> No.58491679
File: 740 KB, 1379x1862, Stack reichmarks, anon.jpg [View same] [iqdb] [saucenao] [google]
58491679

>>58491669
What I got to be recognized for instead of a "stack guardian" or other means of having a template. I've never revealed the obverse and never will. Coins with the same eagle have been found by anons, which might count if anyone here actually managed to find one to buy. I only got it for the sick as fuck federal eagle.

>> No.58491806

is there a chance we get another dump? I missed out on cheap silver

>> No.58491821

>>58487509
Is Shanghai a metals exchange? I thought it was a stock exchange

>> No.58491824

>>58491806
Silver is currently cheap still, you just recently started looking.

This isn't an "investment" play, its a store of wealth, and the difference makes for a very different play and timeline.

If you actually scratch at the matter of use case vs supply, a low end of 2k an ounce is what most anyone comes up with for what to expect if prices ever corrected. Granted this USD benchmark itsself is now rapidly inflating thanks to bidenomics.

You buy silver to safeguard your wealth for the future, which means you buy as long as you have spare wealth to set aside. Any other way of looking at it is riddled with problems.

>> No.58491951
File: 1.69 MB, 1868x1647, IMG_3218.jpg [View same] [iqdb] [saucenao] [google]
58491951

>>58491660
Always a treat seeing your collection Anon. For me life got fairly busy. Less time online for a little while.

>> No.58492024

>>58491503
Occasionally I'll pick up a job from 4chan or facebook by offering to do this or that. I've built CNC machines from scratch, designed jewelry, printed out custom gimble replacements for headphones, repaired 3d printers, made power boxes for lithium ion battery assemblies, etc. Made my first foundry out of concrete and a flowerpot with a self-aspirating burner I made from piping I bought at ace hardware, but now I have a legit foundry. Haven't done much metal work lately since no one has any money and everyone is shedding assets.

>> No.58492122
File: 117 KB, 768x1024, metaladies.jpg [View same] [iqdb] [saucenao] [google]
58492122

>>58465492
If you thought silver was an industrial metal, the platinum group is even more so. None of the six metals have any historical use as money. The market is virtually entirely based on the catalytic converter and which metal(s) are used according to current price.

Especially rhodium is volatile swinging from >$25,000 to around $5,000 in a little over a year.

I will not be buying any more of the platinum group as it is not as liquid and generally not considered money. However I would acknowledge a possibility of potential gains playing the game.

>> No.58492162

>>58487615
This is assuming equal distribution. In reality 90% of the population is probably fighting for ownership of 1% of the gold and 10% of the silver or something like that. Once silver starts skyrocketing I doubt it will be able to even be physically purchased. Most people will buy paper silver and then later get rugged.

>> No.58492408
File: 239 KB, 787x548, Based Cliff.png [View same] [iqdb] [saucenao] [google]
58492408

>DOLLAR A DAY HAS STARTED
DOLLAR A DAY HAS STARTED
>DOLLAR A DAY HAS STARTED
DOLLAR A DAY HAS STARTED
>DOLLAR A DAY HAS STARTED
DOLLAR A DAY HAS STARTED
>DOLLAR A DAY HAS STARTED
DOLLAR A DAY HAS STARTED
>DOLLAR A DAY HAS STARTED

>> No.58492416
File: 253 KB, 680x524, 1681263038106928.png [View same] [iqdb] [saucenao] [google]
58492416

also wtf i can post without registering an email

i missed you guys

>> No.58492429

Is it better to buy silver coins or silver bars? Also, is it worth buying online via APMEX or JM Bullion or is it better to buy them in person to not get raped by shipping fees?

>> No.58492445

>>58492429
Depends on how many oz you want. Per/oz premiums are lower for bars but they're uncommon in denominations lower than 10oz.
Buying online is fine, as long as you use either crypto or bank wire, the credit card fees are astronomical. Shipping is usually free on orders over 100$ or so. In person can be tricky because LGSs can scam you far easier.

>> No.58492466

>>58492445
>Depends on how many oz you want
I'm looking to buy 50-100 oz at once. With probably a lot more in the future. I dunno if it'd be retarded to have all that silver shipped at once or if it'd be fine.
>In person can be tricky because LGSs can scam you far easier.
But yeah, I figured. I'm also pretty new to commodities so it's not like I'm a savvy in the space or anything. I appreciate your advice anon.

>> No.58492493

>>58492466
At that amount I would definitely recommend bars. I would also recommend to wait because unlike almost everyone else here I think silver will go down again so now's not the best time to buy.
Also I meant LCS not LGS I'm retarded. LCSs love preying on newbies so it's definitely wise to go through a trusted online source, although they are a bit more expensive than what you *might* be able to haggle from an LCS boomer.

>> No.58492543

>>58492466
I’ve bought about 20 ounces from a local coin store and then a pawn shop in the last couple weeks, both of which are in small cities in the midwest, the pawn shop weighed the coins in front of me 1.005 troy ounces with a small price tag, and they are RMC rounds, i looked up what RMC rounds look like and they matched. do you think i’m safe?

>> No.58492585

>>58492493
>I recommend bars
Will do bars then, thanks anon.
>I would also recommend to wait
Fuck, I honestly hate to FOMO into silver, especially after yesterday's green dildo. At the same time, I feel this urge to frontrun the election. Dems love free money and Trump is already running around saying he wants to lower interest rates (on top of him being an Israel cuck) and so I just want to stack as much as I can before then. I figured I'd allocate a certain % of my paycheck to PMs moving forward, so even if I buy expensive today, I can probably pick up some some more cheaper if they do dump later down the line.
>>58492543
>do you think I'm safe
Idk bro, I'm a noob

>> No.58492613

>>58492585
>I feel this urge to frontrun the election
Interestingly, silver doesn't make big moves during most elections. Take the last one for example; silver crabbed for a good month before the election and didn't do anything until late December where it fluctuates due to the holidays like it does every year. If you have the money for it then by all means go in (don't go into fucking credit card debt like the other guy lmao), waiting for the next dip is just my personal recommendation.
>>58492543
>the pawn shop weighed the coins in front of me 1.005 troy ounces
Sounds good to me; sometimes a weight difference like that can be chalked up to either the scale or mint manufacturing error. If it was something like 1.1 or 0.9 I'd be way more skeptical.

>> No.58492614

>>58491821
It is now! Not long after the LME nickel fiasco, China opened a competing international metals exchange. Recently it has pulled away from LME and Comex prices - always higher. The arbitrage trade insures that the lower price is eventually forced up. It didn't get much press but it is the beginning of the end of Western dominance of the metals trade.

>> No.58492622

>>58492122
The big upside potential for platinum is in hydrogen fuel, which is far from dead, contrary to the battery EV press.

>> No.58492635

>>58492429
>Is it better to buy silver coins or silver bars?
Yes. 10+ ounce bars tend to get you more weight per dollar, but divisibility is also nice so keeping a few tubes 1 ounce coins or rounds is also a good Idea. Maybe even some junk if you feel extra schizo.

>> No.58492674

>>58492429
Coins are generally more recognizable but after a while I started stacking bars just because they stack more efficiently space-wise and I'm running out of room in my safe

>> No.58492715

>>58492429
Depends which country you are from. Here in frogistan, bars have a 20% VAT, coins haven't. The premium on pure silver coins is pretty high, but the old coins (often 90% silver) especially from the Latin Monetary Union are pretty cheap and easy to buy/sell

>> No.58492716

>>58492622
From what I am reading they have been converting hydrogen fuel cell production to nickel nanoparticles as an electro-catalyst because it is so much more affordable.

>> No.58492834

>>58464408
how does a retard like me get gold/silver?
I just want to kill the inflation leech :(

>> No.58492854

>>58492716
Please share your source. Thanks!

>> No.58492861

>>58492834
You trade fiat currency for it at the LCS or a reputable online dealer.

>> No.58492871

>>58492861
I do not know what is LCS and what are reputable online dealers. I would prefer to go to a physical store and trade cash for physical gold

>> No.58492888

>>58492834
Go to your local coin store and see what they have. I'm not sure if it's like this everywhere, but the ones around me sell generic rounds and bars for a low premium. You can sometimes get deals from bigger distributors like APMEX or Scottsdale Mint as well.

If you follow some of the links in OPs post you'll find more deals in other places.

Basically, if you're super new, just beware of ebay and other p2p sellers.

>> No.58492899

>>58492888
digits
>if you're super new.
I am. I've been looking for some info and I know you pay some extra cash for coins instead of bars and things like that. still don't know if the IRS here (I'm not in USA) requires any notification if I buy gold. I should check that more. but basically now I'm afraid of going to an store and get wrapped lead instead of gold.
I should check out OP before doing further questions.
I just want to save some money man, fucking banks and money printers, fuck this rigged game.

>> No.58492906

>>58492888
forgot to say, I ain't stupid enough to buy gold on amazon or aliexpress. thanks for the advice but I'm not falling that easy.

>> No.58492923

>>58492899
> fuck this rigged game
fuck this rigged game.

If you're worried about your local stores being dishonest, buy from a reputable online retailer. If you're not into metals for numismatic reasons, then stick to the generic rounds or bars. they have lower premiums than official coinage from government mints. We don't have to report anything to anyone in the US, but laws are different in many countries. Don't burn yourself out, but it would be smart to have at least 10% of your worth in gold or silver.

>> No.58492924

>>58492871
Read OP retard

>> No.58492929

>>58492924
dios mio

>> No.58492948

>>58492871
LCS is local coin store.

>> No.58492960

>>58492899
Gold is really hard to fake convincingly because of the density. And unless you live in some kind of outlaw country, no local coin store operator is going to knowingly sell you a fake because you know where to find him. The real problem with fakes comes in the numismatic and semi-numismatic area.

>> No.58492962

>>58491951
Damn, is there a way to get those merc dimes for around spot as a europoor?

>> No.58493051
File: 602 KB, 1508x1020, Screenshot 2024-05-18 at 2.19.08 PM.png [View same] [iqdb] [saucenao] [google]
58493051

>>58478185
>A 40% pullback is not in the cards.
depends on what the high is

how about Silver is 41$ by the day leaving 41 days left in the year 2 weeks after election

>> No.58493094

>>58491122
>is it a pain in the ass to sell gold/silver?
yes it is
you might as well do what anons suggest
pick how much you want to buy with whatever cash amount you choose
buy it
never sell
never invest in anything else except chainlink

this way when the abrahamics crash the world into open war and martial law we are able to get 10 blowjobs per oz Ag

>> No.58493125
File: 296 KB, 1478x1110, 1715002942087051.jpg [View same] [iqdb] [saucenao] [google]
58493125

who's baking?

>> No.58493126
File: 3.36 MB, 384x292, giphy.gif [View same] [iqdb] [saucenao] [google]
58493126

>silver is up so much that retard who whined about buying scottsdale silver at 6 dollars over spot an ounce can sell for a profit

>> No.58493133
File: 2.22 MB, 4032x3024, Stack.jpg [View same] [iqdb] [saucenao] [google]
58493133

>>58492466
>I'm looking to buy 50-100 oz at once.
https://findbullionprices.com/buy-silver-at-spot-deals.php

either maximize the weight or fall for numismatic traps
You can go for looks but make sure its not much more than the cheapest
SD Bullion
JM Bullion
Monument Metals
APMEX

I made sub optimal decisions
but I just needed to act because I had nothing and it was Jesuit Covid season

Im at 1oz Gold and about 500 ounces of silver
I really want a gold Libertad or Krug next but i dont have the money yet to spare

>> No.58493268
File: 1.49 MB, 480x600, $30_gamergirl_bathwater.webm [View same] [iqdb] [saucenao] [google]
58493268

Silver finally more valuable than gamergirl bathwater

>> No.58493269

>>58492429
I don't normally post in cuck/biz/ but I just came by to say
>APMEX and JM Bullion tongue my anus

>> No.58493331
File: 402 KB, 950x892, 1620308762096.png [View same] [iqdb] [saucenao] [google]
58493331

bump

>> No.58493362

>>58492854
Eat shit commie scum!

>> No.58493387
File: 1.41 MB, 4032x3024, IMG_3196.jpg [View same] [iqdb] [saucenao] [google]
58493387

>>58493133
No just buy gold, instead.

>> No.58493407

>>58464408
NZAUF

That's all I can tell you right now.
time is swift
but the stream is evermore.
The lamp is lit,
deep is the flame.
a shining beacon
of a thousand eyes.
And there within,
our fortune lies.

>> No.58493409

>>58493331
Haven't seen a Bayhorse meme inna while
>inb4 prep the BHLL

>> No.58493431

>>58493362
Hahahahaha! I would pay for it, but the infrastructure is lacking.

>> No.58493478

>>58492854
Here are a few articles. The research seems to go back to 2008, and from what I can find, that research started being used in the industry in 2022.

earliest reference (2008):

https://www.technologyreview.com/2008/12/16/217315/platinum-free-fuel-cell/

later references:

https://iopscience.iop.org/article/10.1149/1.2133234

https://www.materialstoday.com/energy/news/carbon-coating-nickel-platinum-in-fuel-cells/

https://engineering.wisc.edu/news/not-so-precious-new-discovery-could-replace-expensive-platinum-in-hydrogen-fuel-cells/

https://phys.org/news/2023-09-ammonia-resistant-nickel-based-fuel-cell-catalyst.html

>> No.58493530

>>58481813
Remember to anchor it properly and hide it. Having a big ass safe next to tv in living room is less safe than storing your stuff in your commode. It shouldn't be visible if someone just enters the room and looks around

>> No.58493630
File: 756 KB, 386x386, 1715794687754669.gif [View same] [iqdb] [saucenao] [google]
58493630

>>58464408
I just ordered 3kg of fine silver in European junk coins. I paid below spot because the seller didn't update the price.

>> No.58493741

>>58493478
Very interested in actual use of non-platinum fuel cells but not seeing it in these references.

>> No.58493899

>>58493407
>Rua Gold Inc
This will be like buying Bitcoin in 2011 for $1 each

>> No.58493981

>>58493630
how get euro junk in usa

>> No.58494231
File: 107 KB, 1408x374, Screenshot 2024-05-18 at 8.49.51 PM.png [View same] [iqdb] [saucenao] [google]
58494231

can next thread have all the weimar facts about money and include the Nazi silver solution?

the 88th anniversary of Kristallnacht is coming in 2026

>> No.58494341
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58494341

>>58464408
wen day is dark and bad or whenever you feel scare or frighten,
always rember the day you bought some cheapies

>> No.58494462
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58494462

>>58483866

I’ve been looking all over the web for this particular silver round commemorating 1987 Black Monday but it’s eluded me like a legendary Pokémon. At least I have a tube of 2008 ASEs as a reminder of the last global economic fuckup.

Anyway, here’s a bullion sampler tray for your viewing pleasure!

>> No.58494753

>>58491806
Wait to see if institutional investors take gains and dump all their paper on monday.

>> No.58494764

>>58492024
Which country or state are you in? Unless you mostly work locally, surely there is still enough business to keep you busy?

>> No.58494780
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58494780

I always believed in silver!

>> No.58494793

>>58494780
Mp4 version with audio
https://files.catbox.moe/sctucs.mp4

>> No.58495017 [DELETED] 
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58495017

>>58494780
>>58494793
So... nothing in the video was really about silver, but you got to feel edgy by posting shite.
Yay for you.

>> No.58495134

>>58491806
I wouldn't be surprised if they revisit 30 because they blew through it on huge volume. If it goes much below that, it's probably going a lot lower.

>> No.58495422

>mfw didnt buy enough silver
im not ending the fed...