OOOOOOOOOOOOOOOOOOOO

[Anonymous No.15476037]

OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

SHATTERED THE RESISTANCE YOU FUCKING FAGGOTS

SILVERCHADS WHO BOUGHT THE BOTTOM, I LOVE YOU ALL. WHERE ARE WE HAVING THE YACHT PARTY?

[Anonymous No.15476055]

>he thinks he bought at the bottom

[Anonymous No.15476056]

Massive FOMO incoming.

[Anonymous No.15476068]

>>15476055
Lmao at holding silver that fucking long. I finished accumulating in 2018 and that’s enougg for me

[Anonymous No.15476074]

>>15476055
I was like 8 in 2003.
I wish I had 4chinz as a kid.
I wish I bugged my mommy to buy be 100 bitcoin for funsies when it was 28 cents

[Anonymous No.15476092]

>bought 7 ounces yesterday

Is it enough lads?

[Anonymous No.15476102]

wait till it breaks into the 20s. The fomo will push it in to the 30s

[Anonymous No.15476103]

>>15476055
>@aol
lmao

[Anonymous No.15476107]

Just got my most recent order in the mail today.

Comfy levels: ELEVATED

[Anonymous No.15476155]

>>15476055
nice job grandpa

[Anonymous No.15476161]

Wanted prices to go down as they do periodicalky around october/September as I do every year but they just kept raising so I bought this about a month ago
Feeling comfy albeit i didn't buy any gold this year

[Anonymous No.15476187]

>>15476037

When selling gold and silver do i need to show them proof of purchase?
What if i just bring them 200 silver bars without any papers?

[Anonymous No.15476202]

>>15476187
You should be fine without papers.

[Anonymous No.15476205]

>>15476187
Depends on the country. In the US any transaction under $10k doesnt need documentation. Still has to be reported on your (((taxes))) of course, you wouldn't neglect that would you?

[Anonymous No.15476213]

>>15476037
>boomer thrilled he finally made enough to pay his fees

[Anonymous No.15476225]

>>15476187
They don't give a shit about proof of purchase. They use a little machine to test it's purity and you get your money. Easy peasy.

[Anonymous No.15476232]

>>15476225
>selling your silber
yeah, but why?

[Anonymous No.15476236]

Imagine being so excited over being up 10%. No wonder you goobers lose your minds when you try out crypto.

[Anonymous No.15476255]

>>15476232
I sold a small portion to buy some gold this weekend. I'm still sitting on over 920oz of silver and just dumped some of my numismatics that I no longer wanted.

[Anonymous No.15476280]

thinking about buying 100.000 USD worth of gold and sillver 30/70, good or bad idea?

im thinking of buying ETC silver instead of physical tho. which one is better?

[Anonymous No.15476325]

>>15476236
enjoy ur wage cage

[Anonymous No.15476337]

>>15476280
etc if you're looking to get in and out fast but if you don't hold it you dont own it. If there is any type of financial crash you just might not see your money again in an etc. Physical is the only way to go. Your ratio is pretty good. Mine is 50/50 but that's pretty extreme most people do 10/90

[Anonymous No.15476367]

Waiting for a correction then adding more to my stack. Didn’t think we were going to break resistance so easily

[Anonymous No.15476420]

>>15476367
I waited for that at 17.3 to go sup 17
here we are nearing 20$
well fuck me

at least I got ~50oz around 15$
I don't want to buy more with these prices

[Anonymous No.15476433]

>>15476420

Sub $20 is still a great buy in. The ratio has to catch up to gold.

[Anonymous No.15476446]

>>15476337
okay thanks anon. why would my money be lost in a crash? im looking into silver because right now i have 75% stocks and 25% bonds. as you might know bonds pay negative interest now + inflation. thats why im trying to switch the bonds for gold & silver, i also think a recession is coming in which case gold&silver have always been the right choice. what do you think?

[Anonymous No.15476458]

>>15476037
This is hilarious. S....Silver! Kek. I made more on SNTVT in the last 24 hours than your whole year. Which, by the way, is the only thing with an 'S' you should be holding.

[Anonymous No.15476467]

>>15476037
The silver chads are going to make it!

[Swamp Jew No.15476500]

>>15476446
Look up "permanent portfolio" and allocate 25% to PMs

[Anonymous No.15476547]

>>15476092
Probably not...I'm wondering if 10,000 oz is enough

[Anonymous No.15476553]

>>15476367
>not realizing Silver is correcting upwards
not gonna make it

[Anonymous No.15476557]

>>15476055
Dunno why everyone is hating on this. I'm jealous of you, anon. Well done.

[Anonymous No.15476627]

So when are they going to smash the market with millions of contracts, because thats what normally happens.

It wont be allowed to go over 22 without a smash.

[Anonymous No.15476636]

>>15476557
Because he should have sold post 2008 recession and refilled his bags when the price dipped (like when silver was below 15 for example). Not compounding your gains is moronic.
>>15476446
Don't buy into the fudster's bs sir. The only way to look at this is probability. What is the probability the world is going to crash and burn? Not very likely. So you hold some PMs to be safe sure, but the bulk of your portfolio should be in equities. I'm rather young so i have a ratio of 70 20 10 in equities, bonds and PMs respectively. Look what happened during the 2008 crisis, if you bought during the low or shortly after you would have tripled your money.

[Anonymous No.15476655]

>>15476187
Why would you sell?

[Anonymous No.15476704]

>>15476280
Sorry forgot to answer this specifically. If you buy electronic silver like an ETF or fund, the pros would be lower fees and spread and ease of buying/selling. You could also use some leverage plays. The con would be in the event of a global catastrophe, the ones and zeroes that make up your holdings would be useless. If you buy physical the opposite would be the case, higher fees and spread, greater difficulty in buying/selling but you would truly be owning it and have in in your possession.
In my opinion, if you plan on holding long term, maybe at least 10 years, I would consider buying physical. Hell it is very satisfying to look and feel your bullion in the flesh. However, if you goal is to min/max your gains I would say electronic is the way.

[Anonymous No.15476916]

>>15476704
the problem i have is that i dont have a safe at home and that i cant just have 6-figures worth of PMs under my bed. i know that if shit hits the fan my ETC silver isn't worth shit but thats not very probable rn. the big problem i have in germany is that when i buy physical silver in germany, 19% sales tax is applied to it.

[Anonymous No.15477006]

>>15476916
a 19% sales tax on silver is just criminal damn...

[Anonymous No.15477034]

>>15476916
only on bars
silver coins are DIfferencbesteuert

which still sucks because I want some neat looking 100g/250g bars

[Anonymous No.15477092]

>>15476916
If you can afford 100k of PMs you can afford a safe sir. One thing you could do is split your PM purchase into physical and electronic. Do note that electronic PM holdings will have a yearly fee to them (likely between 0.2% and 0.6%). Alternatively you could buy PMs in a notax nation like Singapore (where I'm from) or New Zealand. I personally use a company here called BullionStar (you can google it) and they will even hold your PM for you in their vault for a small yearly fee. Then you could get it shipped to Germany discreetly. I am not sure of the customs laws in Germany for doing such a thing but it's something to consider. Maybe even get a friend to hide it in a banana shipment for you.

[Anonymous No.15477149]

Fuck this is good. Bought like 2 weeks ago 80 oz thinking I missed the boat hahaha

[Anonymous No.15477159]

>>15476916
>19% sales tax

[Anonymous No.15477200]

Longing silver with a 3x leverage, feels good

[Anonymous No.15478007]

>>15477159
yeah, german tax law is crazy. i'd have moved out had i not had a great job opportunity.

[Anonymous No.15478027]

>>15476627
One day they’re just gonna let it run. They already have hoarded close to a billion oz

[Schiff Will Win !!L6zziHG8/KZ No.15478080]

>>15476055
Legendary

[Anonymous No.15478235]

>>15477200
where do you do futures with PMs?
forex?

[Anonymous No.15478354]

>>15478235
https://etfdb.com/themes/leveraged-silver-etfs/
You have to worry about erosion. You should hold these for more than a few days at a time. I made 3X in about 30 days using SLV options.

[Anonymous No.15478382]

>>15476055
>be me
>be genius

[Anonymous No.15478387]

>>15476055
I'm jealous

[Anonymous No.15478436]

>>15477006
Isnt it 28% in usa?

[Anonymous No.15478471]

>>15478382
It's not when you bought , it is how much you have accumulated .
I have 10k ozs..what do you have, Mr. market timing guy?

[Anonymous No.15478479]

>>15478382
Wow a whole 30%. You must be a thousandaire!

[Anonymous No.15478506]

>>15478436
Depends on state. Here in New York it's 0% if you buy more than $1000 worth of bullion.

If you buy less than 1000 dollars worth tax is just 8.5% or something like that.

[Anonymous No.15478509]

>>15478382
Good job on the timing of your first stack

[Anonymous No.15478517]

>>15478471
>>15478479
Cringe and envypilled
>>15478509
Based and frenpilled

[Anonymous No.15478546]

>>15478479
>implying a 30+% yearly ROI isn't enormous
keep seething, stocklet

>>15478509
based, we'll make it fren

[Anonymous No.15478555]

>>15478517
>envy
But I'm up 300% over the same period.

[Anonymous No.15478571]

>>15478555
Was it your first trade? Like the anon who posted?
Also what is your entire portfolio compounding @

[Anonymous No.15478591]

At what price are you guys going to stop buying? $20/oz? $30?

My stop point is $20/oz

[Anonymous No.15478594]

>>15476704
Great advice anon, one thing the ETF PSLV is fully backed and allows for delivery for big enough holdings. Its another option to consider. I like holding muh rocks at the Perth mint.

You ever read Martin Armstrong work?

[Anonymous No.15478615]

>>15478591
I'm waiting for Gold to hit 1589. Then I'll go to cash waiting/hoping for a pull back into January. That's for trading my part of the portfolio. The long term hold sits there like a rock.

[Anonymous No.15478640]

>>15478591
∞

[Anonymous No.15478641]

>>15478546
>based, we'll make it fren
The silver chad's will making it fren!
I'm going to be collecting some paper via the 2022 LEAP options on SLV they being to trade on SEP 16

[Anonymous No.15478655]

>>15476037
Bars are the superior form factor.

[Anonymous No.15478676]

IS IT TOO LATE? IS 1k ENOUGH?

[Anonymous No.15478679]

>>15478591
I'll keep buying into 30 and 40. Maybe keep buying at 50 depending on the gold price and ratio

[Anonymous No.15478780]

>>15476916
can't you just buy silver off a craigslist type site?

[Anonymous No.15478838]

>>15478555
Assuming you're telling the truth, I imagine it took a lot more than buying a single "simple" asset and hodling?

[Anonymous No.15479019]

>>15478027

Screenshot this shit.

Everybody has said that for the past 20 years, whats going to happen is it will rise to 21.5 it will get smashed back down to 13-15, perhaps as low as 12 and will scare the week hands back out, thats whats happened in the market for the past 20 years.

Gold will do the same but probably go sub 1200. You wont be able to buy it after it crashes again much cheaper for a while because the premiums will be high unless you buy large amounts(thousands of oz), but the contracts will drive the price down, it always happens.

[Anonymous No.15479071]

>>15479019

[Anonymous No.15479081]

>>15478594
No sir. A brief Google shows he is a convicted felon? Interesting ETF there, but I took a look at the prospectus and there seems to a be a very high minimum (32kg bar) and high fees for such a redemption. I think you would be better off buying it physically yourself if you wanted physical bullion, especially since such a large purchase would reduce premiums.

[Anonymous No.15479111]

>>15479019

Schiff and maloney and such will make bank with the fomo thats going to hit right now. IMO the fundementals have not changed till silver breaks that 1980 price or a significant G/S ratio or gold breaks 2k or a signifcant oil/gold ratio.

I understand that people looking to get good gains, wont want to jump on board at >50 dollar silver and want to get in early, but weak hands need to be careful because until the paradigm changes i expect them to smash the price with bullshit contracts and buy all the week hands up.

Those waiting to drop 25k on silver and flip it if it jumps to 30-40 dollars are making a risky trade short term... if you are long silver you shouldnt even consider selling sub 50 dollar and consider anything 10-40 dollar an accumulation phase for the next 10-20 years.

I forsee a lot of people on /biz dropping 20k on 25 dollar silver and panicing when its smashed to 12 dollars again, ive seen it happen dozens of times on other investing forums.

[Anonymous No.15479189]

>>15479071

We will see in the next 3 months.

My prediction for the next 3 months is fomo takes hold, people rush in au/ag gets smashed on the comex, spot price falls (premiums dont), dozens of people whine about how they bought thousands of ounces of 20 dollar silver and now its fell to 12 dollars and they sell it all.

Fact of the matter is, all anybody should be doing is stacking if, because if you are investing to make a quick profit before years end you'll get fucked in this market, till the market is broken, and i dont see any signs yet, a big sign would be 1980 levels.

[Anonymous No.15479209]

[Anonymous No.15479266]

>>15479081
>No sir. A brief Google shows he is a convicted felon?
Yeah it's an interesting story the NY banks fucked him hard, I was skeptical too. But when his computer called the USA election being won by a 3rd party or non political candidate I was amazed, this was before Trump even announced. Tthe trading recommendation are the best I've found. https://www.armstrongeconomics.com/blog/
Just being a fren, if you think he's shithead no problem.

[Anonymous No.15479304]

>>15479111
Your cock blocking the Silver Chad's!
I do believe the inflationary wave is finally here.
So you'll buy at $50 fair enough.

[Anonymous No.15479341]

>>15476055
saw that brick in half you might have a little SURPRISE in there...

[Anonymous No.15479384]

Go XAG/USD!

[Anonymous No.15479438]

APOLOGIZE

[Anonymous No.15479440]

>>15479384
Look at it go :)

[Anonymous No.15479668]

>>15479266
Interesting, but I think I never follow any individual on anything. Always been like that. If he has a theory or interesting view I would be happy to read it but I don't actively look for such stuff from individuals. Actually I'm rather new to investing and on the young side, I bought my first and only stack in December during the dip. Quite pleased with the situation now.

[Anonymous No.15479735]

>>15476037
Where do I buy, boys? I have money and I'm diversified but it's all in banks and stocks and other things basically without any real value besides "faith". I want to put some of my money into something (literally) solid.
>gold or silver
>bullion or coins
>local or online

[Anonymous No.15479933]

>>15476916
safe deposit box at your bank

[Anonymous No.15480006]

>>15479735
Check my posts lad >>15476704 and >>15477092
Essentially you want to cheapest available option in terms of fees and tax. Compare reputable online sellers for the lowest cost. If you are in the EU buy in a tax-free/low-tax country and lug it over the border back home. You could even find a private seller if you're willing to take the risk (this would be cheapest).

[Anonymous No.15480130]

>>15479304
>So you'll buy at $50 fair enough.

No im warning the weak hands not to bother, if you are in on this to flip in three months if silver reaches 35, you will probably be disapointed when they dump millions of contracts on the comex and smash it. It has happened dozens of times over the past two decades.

Long term strong hands should keep doing what they are doing. If you dollar cost averaged into AU and AG since 2000 you would already know this, ive said nothing contraversial.

Could this be it, sure, is it it, i dont believe so. Not that i care because weak hands keep the dealers stocked.

[Anonymous No.15480149]

>>15480130
At what price/oz will you stop buying silver?

[Anonymous No.15480290]

>>15480149

I really dont know but im personally looking for significant change in the G/S ratio. Im not sure what Ag is in the earths crust, but its something like 12/1 or 15/1. The current G/S ratio is some obscene number like 85/1, so as long as its > 20/1 or something its probably a good long term investment. Short term its going to be volite as all hell. Investment capital might increase if a flight from the dollar takes place, but probably only if.

Silver is much easier to mine than most PMs, so should the cost increase mining would be worth the cost, so output will increase.

>Gold - Silver at 20/1 ratio
1000 - 50
2000 - 100
3000 - 150
4000 - 200
5000 - 250

So i guess the question is do you think gold could go to 5k an ounce in a crisis, because a 20/1 g/s ratio would put silver at 250, which is over 10x gains at the price now.

We have big problems if gold is >2.5k and silver is above 50dollars and keeps rising.

Even if gold shoots up to 2000 to 3000 and is stable, a 50/1 g/s ratio puts silver at 50 dollars an ounce, highly possible, and its been seen before.

This is why i think the paradigm doesnt change till we see either gold >30 at this ratio which would put gold around 2500 dollars

>short answer

Watch the G/S ratio, it falls more than 10% i think im going all in silver.

[Anonymous No.15480291]

>>15476037

Bought at 17, Feelsgoodman, wish I had jumped on it at 15, but oh well, this bitch is goin to 30!

[Anonymous No.15480301]

>>15480149

Id be wary if the ratio closes and other factors such as the bonds, stock, strength of dollar and political climate change.

I think G/S have tremendous potential, but it means shit if you dont own the physical.

[Anonymous No.15480340]

>>15480290

As i also said, if massive investment and capital flight floods into Ag and Au, one would expect other PM's to act as an alternative investment.

Anons should look at the historic charts and ratio of Platinum/Palladium vs other metals, and its ratio in the earths crust and mining difficulty.

Platinum/Palladium might be a good bet if gold/silver becomes hard to get and the ratio is conducive.

[Anonymous No.15480370]

>>15480290
Interesting

[Anonymous No.15480377]

>>15476037

[Anonymous No.15480535]

>>15480370

I'm just trying to help anons out, i think droping 5/6 figures on ag right now if you intend to flip it by years end might be a bad trade, but you have to take risk to make a reward so more power to you guys.The comex has a habbit of fucking people who try this, ive done it myself.

If you intend to drop 5/6 figures now and plan on holding out past 2025, i think gold and silver are probably an excellent hedge/investment. Silver IMO is a good long term up untill around $40 or that ratio changes to lower than <50

Personally im watching that G/S ratio now as the daily moves in $ have become significant enough to pay attention to it on the daily.

Just looking at the charts now the g/s ratio has gone from 88 to 80 since aug 26th, and there was a similar drop in july from the mid 90s to the mid 80s, any more significant drops in that ratio and its probably a good omen of that ratio closing further. Silver ratios loook to be gaining on plat and palladium too.

It closes to 75 this week and im probably going to pick up some more monster boxes.

[Anonymous No.15480548]

>>15480377

Kek, i remember the rhodium and palladium shitstorms.

[Anonymous No.15480561]

>>15480370

Few other anons in here talking about watching g/s ratios and not the price, smart cats.

[Anonymous No.15480564]

>>15476037
How’d I do lads?

[Anonymous No.15480581]

>>15480564
>spot price is $18.45 an ounce
>buys a 1 ounce coin at $22

nigger what are you doing? order via ACH/Wire, to a PO Box in a state with no sales tax. Jesus.

[Anonymous No.15480591]

>>15480535
Most stackers are long-term/never-sellers anyways (because most are conspiracy theorists that believe a total collapse is coming year after year) so no need to worry about us friend.

[Anonymous No.15480603]

>>15480564
would be better to buy a 1/10oz gold eagle than 3 1 gram gold bars.

[Anonymous No.15480608]

>>15480564
bgasc is cheaper and has a better reputation

[Anonymous No.15480617]

>>15480564
1. Starter packs @ spot are always good.
2. SD bullion sells everything in your order a few cents cheaper and frequently have massive sales. Check it out.
3. No sales tax? Which state do you live in?

[Anonymous No.15480626]

>>15480581
The premiums on those things don't usually go down too much. He'll have an easier time selling that thing, and get more money for it, than any of those bars or rounds he bought.

[Anonymous No.15480628]

>>15480603
Yeah premiums become unbearable as the fractionals become smaller and smaller

[Anonymous No.15480656]

>>15480581
>spot price is $18.45 an ounce
Doesn't it say that he bought when spot price was $19.36?
>>15480626
Clean ASE's usually sell $1 above premium in my experience

[Anonymous No.15480668]

>>15480617
First silver purchase, so I just followed a guide online hoping not to get raped too hard. I’ll learn more as I go hopefully, $500 won’t make or break me in either case.

I’m in Oklahoma.

[Anonymous No.15480697]

STOP BUYING GRAM GOLD

STOP IT NOW

[Anonymous No.15480704]

>>15480697
>implying i have enough money for an oz

[Anonymous No.15480732]

>>15476037
friendly reminder that if you don't smelt down your purchase and extract the silver or gold yourself you are blindly trusting the company you are buying from to actually send you what you pay for

[Anonymous No.15480739]

>>15480704
you are paying over 1800/oz by the gram. you cant afford not to. Find a nice sovereign or helvetia or something LOW spot. or buy more silver pic related. I kinda quit buying a few weeks ago, but thought fuck it when i found this deal. Glad I did, shouldve bought more, they called me today to confirm the order and say they fucked up, but theyll still ship it. Oh yeah, I paid by CC also.

[Anonymous No.15480744]

>>15480668
Hmm apparently you live in a tax-free state. Lucky you.

You did well for a beginner. Back when I was a teen I bought Silver Eagles from fucking LITTLETON COINS because I didn't know better. I was happy with the coins even with the $4-5 premium.

Next time don't buy tiny fractionals like 1 gram gold bars because premium's not worth it. I'm guessing that was your first gold so keep it for novelty's sake.

Most major sellers have spot price starter kits so keep buying those.

[Anonymous No.15480759]

>>15480744
I bought about 10k from provident in the last few months tax free. Two weeks ago, tried to check out, and they started adding in tax. They are dead to me now, Ill shop around.

[Anonymous No.15480768]

>>15480744
Just checked Littleton Coins website. They sell 2019 ASE's for $30 right now.

LAUGH MY FUCKING ASS OFF.

[Anonymous No.15480788]

>>15480744
> checked

Yeah I just wanted a little gold to say I have some. No desire to spend thousands of dollars on something my first time out. Probably gonna keep it mostly silver.

Any advice on what I should buy next?

[Anonymous No.15480806]

>>15480768
call em up and ask how much they pay for one, you have a whole collection your grampa gave you. I hatred of the boomer noticeably increased after 2014-6ish when silver dropped like a rock. They were still asking $40 for their bags while silver was back under 20. Its fucking stupid the premium ASEs have anyway. Fuck the govt and fuck their meme coins.

[Anonymous No.15480807]

>>15480759
SD bullion is the most tax-free major seller out there because the owners are autistic religious anti-government nuts. They actually consult their tax lawyers often to make sure they don't need to tax you (sales tax law changes monthly in states).

[Anonymous No.15480824]

>>15480807
Sd bullion is my favorite ball bearing supplier.

[Anonymous No.15480835]

>>15480788
>Yeah I just wanted a little gold to say I have some.
That's what I thought. Have fun with it. Just think of the premium as the cost of being able to show off that you own your own gold.

>Any advice on what I should buy next?
First thing you should do is buy all the spot price starter packs that most major online sellers have.

[Anonymous No.15480839]

>>15480807
provident doesnt have the good deals anymore anyway. Ive noticed all the good deals and supply has started to tighten from a few months ago. Less selection, fewer sales, higher premiums, this goes for everyone tho. Everyone is snapping up what they can get.

[Anonymous No.15480849]

>>15480824
>Ball bearing
care to explain the joke? I am retard

[Anonymous No.15480876]

>>15480839
SD bullion has the best deals recently. That's why I left JM and buy there now.

They are selling ASE's $2.25 over spot right now if you buy in tubes. This is the cheapest ASE's you'll find online. This sale appeared the day after I bought a lot of ASE's so I was seriously pissed off this morning.

[Anonymous No.15480896]

>>15480876
I can’t find the starter pack on their site.

[Anonymous No.15480906]

>>15480896

[Anonymous No.15480911]

>>15480896
Oh, on SD bullion their only spot price welcome offer is for only 1 oz of their rounds. Pretty meh.

https://sdbullion.com/buy-silver-at-spot

[Anonymous No.15480926]

>>15480849
They ship orders disguised as SD bearings on the package for stealth.
Who would want to steal a package of random bearings.

[Anonymous No.15480940]

>>15480896
>>15480911
I remember when large online sellers used to sell ASE's and Britannias at spot price as welcome packs when the silver price was low last year.

Should've bought then fuck

[Anonymous No.15480946]

>>15480926
I opened the boxes up and tossed them away so fast that I never noticed that

[Anonymous No.15481015]

>>15480849
All the metal places I have bought from disguise their shipping to avoid thieves. Some places come across as book sellers, ball bearings, etc.

[Anonymous No.15481024]

>>15480561
Why do people say the breakout price is $21.50?

[Anonymous No.15481086]

>>15480911
Who else is reputable?

> APMEX
> SilverGoldBull
> JM Bullion

[Anonymous No.15481132]

>>15481086
Provident metals also have a 10 oz spot price offer

[Anonymous No.15481134]

>>15481086
Monument Metals
Provident Metals

[Anonymous No.15481161]

Gentlemen the situation is serious.

http://didthesystemcollapse.com/

It seems that all is over

[Anonymous No.15481224]

>>15479111
I'm convinced that this happens with crypto.

I remember looking at the graph for monero, and right before it dropped 50%, you could could find forum posts of people lauding how great the coin was for mooning. Of course all of those posts were right before the price plummeted.

Do you know who the players are that buy those kind of large silver contracts, and make the price drop? Is it banks?

[Anonymous No.15481235]

>>15476055
Legend

[Anonymous No.15481248]

>>15480926
Now thats a rare pepe

[Anonymous No.15481263]

>>15480290
You're right that it's an obscene ratio, but gold needs less processing after mining than silver. Silver needs heavy chemical treatment to be turned from a black looking rock to actual silver. Gold simply needs to be melted into a form. So in a way it's doubly obscene because silver should cost more not just because of its scarcity, but also the processingredients cost.

[Anonymous No.15481267]

>>15481086
JM Bullion records their packers in 4K so you're much less likely to get a shitty coin or have the packers mess with ur shit.

[Anonymous No.15481292]

>>15476055
>Took him 16 years to make $1500
Wew lad.

[Anonymous No.15481409]

>>15479111
solid strategy

We're in an economic collapse but it's slow SLOW motion.

However I do believe we'll see 4 figures within 10 years and that silver will be impossible for normies to buy within 20.

[Anonymous No.15481513]

>>15479111
JPMorgan employees are going to jail for "smashing" the prices of precious metals. Just 2 weeks ago a JPMorgan director was indicted.

[Anonymous No.15481534]

>>15481513
If by 20 years you mean 20 weeks then yes you are correct

[Anonymous No.15481558]

>>15481409
>However I do believe we'll see 4 figures within 10 years and that silver will be impossible for normies to buy within 20.
t. stinky linkie trying his first metal trades

If that were to happen, the state of Nevada would immediately become one of the wealthiest places in the world because of all the silver they have just sitting around. The silver supply is far too high for it to even hit 3 figures within this century, save for some hyperinflationary event that destroys fiat worldwide.

[Anonymous No.15481587]

>>15481292
Another year or 2, and that bar is gonna be worth $80k retard.

[Anonymous No.15481608]

>>15476037
Silver Chads

[Anonymous No.15481625]

>>15481161
>This is sure to happen anytime between now and the end of 2018.
Good ole doomers.

[Anonymous No.15481652]

>>15478382
Tfw wanted to buy there but was and am too fucking poor

[Anonymous No.15481664]

>>15481558
Never held link. My biggest holding is Safex Token which you've not heard of... yet.

Good for Nevada though I imagine in that situation, protesting (((the bankers))) claiming it all would be considered anti semitic and get you jail time.

You seem to doubt a hyper-inflationary event. Read some history. The US is breaking up by 2030. No country so riddled with diversity can survive.

[Anonymous No.15481668]

Bought the 5oz starter pack from usgoldbureau for $99. I got 15oz stack total, boys. We're gonna make it.

[Anonymous No.15481683]

>>15481668
Do you feel good with that much? Serious question. I only have about 50oz and I feel like I don’t have enough.

[Anonymous No.15481684]

>>15481668
Good lad. Slow and steady wins the race. Keep stacking.

[Anonymous No.15481700]

>>15481683
Not at all, I'm trying to stack at least 100 oz's before the year ends. But hey, it's better to be on the ship in the worst seat than not being on it at all.

>>15481684
Thanks, King. :3

[Anonymous No.15481710]

>>15481683
No one ever feels like they have enough. Maybe it's because it's so fucking shiny.

[Anonymous No.15481721]

>>15476074
doesn't matter you would have sold it when it was enough for a computer, or car, or etc

[Anonymous No.15481726]

>>15481710
I just want to fill a kiddie pool up and submerge my self in it.

[Anonymous No.15481733]

>>15481700
That’s what my goal is right now too. I just want to get there before it gets too expensive for me to buy.

[Anonymous No.15481747]

is anyone doing robinhood options on SLV?

[Anonymous No.15481757]

>>15481733
Same I bought 10 oz today from JM Bullion SilverTowne lady Liberty round for $19.40 so I have 20 oz in total. Don’t worry boys we’ll all make it also if you’re like me you’re in your early 20s and we have our whole lives to stack and watch silver go up and down.

[Anonymous No.15481775]

>>15481700
me too. 20oz stack here. started a month ago. will continue to buy some every paycheck even if it takes a dip.

[Anonymous No.15481785]

>>15481733
Same I bought my first 10 oz starter pack for 17.40 an ounce a few weeks ago and it’s already gonna break 20. FOMO is hard but I’m not gonna let anxiety and fear dictate my investing. Slow and steady boys.

[Anonymous No.15481795]

>>15481785
Would it be crazy to just buy 100oz all at once? Or accumulate over time? I'm in this shit for the long-run.

[Anonymous No.15481796]

>>15481652
I know that feel, But I managed to get 5 ounces. Its such a minuscule quantity that I'll probably hold onto it forever unless hyperinflation kicks in, But I might buy more 5 more ounces though if it stays under $19 for long enough.

[Anonymous No.15481856]

>>15481795
I feel like all of us have the same mindset. I have a lowing paying job and only a few thousand in the bank. Some of me wants to say fuck it and buy $1000 of silver but I’ve also never invested or felt the rush of making a profit until now even though it’s just a few dollars more per oz. I bought 10 oz today so minus 200 dollars and I have 10 oz already I’m having to control myself from buying $1000 dollars worth right now I’m hoping if it does go up it’ll go back down like it did in 2011. What bother me is since I bought my 10oz it’s already gone up a good bit hold me boys. I just don’t want to miss lift off

[Anonymous No.15481896]

>>15481856
I'm sorry anon, you aren't going to make it. You are too emotional.

[Anonymous No.15481915]

>>15479189
I don’t see it ever going back down. Too much uncertainty in monetary policy and market fundamentals are trash. Already broke a trillion dollar deficit and the year isn’t over.

[Anonymous No.15481926]

>>15481747
Anons need to know
Thinking about it myself but not sure how far out to bid

[Anonymous No.15481967]

50 OZ HERE HOW MUCH TO MAKE IT

[Anonymous No.15481973]

>>15481896
Awh man guess I’m not making it boys

[Anonymous No.15481978]

>>15481896
Say sike right now

[Anonymous No.15481979]

>>15481973

it's not about making it... let it come to you.

[Anonymous No.15481985]

>>15481856
If you only have $1000 then forget about silver and go all in LINK. Hold for 2 years.

[Anonymous No.15481984]

>>15481979
What do you mean Sensei?

[Anonymous No.15481995]

>>15481967
1000oz

[Anonymous No.15482007]

[Anonymous No.15482020]

I feel sad for all the guys that just started stacking in case they get emotional trying to make a quick buck or going and it collapses on them you shouldn't worry as prices will surely go down don't get carried away and put money you don't have nor should you get depressed if things don't work out quickly I don't thing THIS is it for they would most certainly try to collapse the price by printing all out before just so they could buy more.

I remember when I first bought i too thought I was gonna miss "the big jump"fortunately now that I have a stack and a peace of mind I feel like I can buy every now and then when I see fit.

Good luck anons
We are gonna make it>>15481795

[Anonymous No.15482030]

>>15481995
NOOOO IS THAT WHAT I NEED NOW?!

[Anonymous No.15482040]

>>15482020
My tolerance for risk is very high. Won't get spooked by a drop in fiat price, I'll just buy more

[Anonymous No.15482053]

>>15482020
Thanks brother, reassurance from big boy stackers is what us little guys need. I'll continue to buy 7-12oz's a month.

[Anonymous No.15482062]

>>15481984
You know how if you walk around naked in public and girls naturally come towards you and have sex?

It's just like that. Hope this helps.

[Anonymous No.15482066]

>>15482030
From what I gathered from the anons from all the threads that have been shilled since $13 an ounce, historically, 2 weeks worth of work = 1 ounce of silver = 14 silver dimes. So about 26 ounces of silver to survive with your family for 1 year. You do the math for how much silver you want.

[Anonymous No.15482082]

>>15481856
That will wear off over time.

You'll learn not to care day to day

[Anonymous No.15482083]

OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

[Anonymous No.15482122]

>>15482053
>>15481856

Don't get carried away the most expensive PMs i bought were when I began stacking and was emotional about it,I literally payed my lack of knowledge for i felt I was in a rush.

[Anonymous No.15482133]

>>15476037
Hahahaha fuck all the fudders who said I was stupid for going balls deep in silver! Feeling pretty fucking comfy!

[Anonymous No.15482137]

>>15482020
Thanks for the advice anon

[Anonymous No.15482147]

>>15482062
You don’t know me but that normally works got a 10 inch dick and 6 inch girth. Now stop using weird talk and tell me how to make it dammit

[Anonymous No.15482155]

>>15482122
How long have you been stacking?

[Anonymous No.15482166]

>>15481856
BTFD
>buy
>the
>fuckin
>dips

[Anonymous No.15482168]

>>15482082
>>15482122
Thanks anons I’ll just slowly build from 20 oz now don’t want to make any rash emotion based decisions.

[Anonymous No.15482174]

>>15476446
no you're looking into silver because FOMO

fucking idiots have no self awareness and never learn their painful lessons

[Anonymous No.15482179]

>>15482147
where I live microdick chodes are very popular. Women get all over me.

If I need to get laid I undress myself, go to the local mall, lie down in the center of the plaza in starfish position and within seconds a woman sits on me.

[Anonymous No.15482186]

>>15482155
I came back to europe from Japan after trump election realised the exchange rates had gone mad saw that same years we had elections in france germany and Italy and brexit looming (it's been a while) so I thought if in any of those countries a eurosceptic came to power the euro was fucked so I decided to put my funny money that wasnt being useful into shinies

[Anonymous No.15482187]

>>15482179
>If I need to get laid I undress myself, go to the local mall, lie down in the center of the plaza in starfish position and within seconds a woman sits on me.
You already made it

[Anonymous No.15482204]

>>15482186
I'm a poormie. If I already have 50 oz. purchased in the past month, how should I continue to stack? 10 oz silver/month?

[Anonymous No.15482218]

lol just looking at silver in venezuelan bolivar prices, its up 50000% in the past year.

[Anonymous No.15482221]

>>15482204
I’m in the spot you are. I plan on getting at least 20 oz a month as long as the price doesn’t get too high.

[Anonymous No.15482227]

I bought over 300oz back in 2009 and sold close to the top around 38 dollars. Have been all in crypto since then but now looking to get back into silver.

[Anonymous No.15482236]

>>15482221
What's your price/oz? What's your price you'll keep buying to?

[Anonymous No.15482238]

>>15481795
if you can't ride volatility then don't invest

[Anonymous No.15482272]

>>15482236
I think 25-30 for now. If it ever gets that high I will still buy but only a couple oz at a time. Unless I can pay my rent and buy food with silver then I won’t ever stop buying.

[Anonymous No.15482319]

>>15482272
I am curious how long anons have been stacking. I'll be 28 this Friday and am new to investments. Spent my early 20s being a degenerate normie so I'm behind the game investment wise now. 30k 401, 8k crypto, 50 oz of silver but want to stack more

[Anonymous No.15482367]

>>15482319
I just started stacking. I’m 27 No 401k a couple grand in stocks and about 9k in saving account. I only have 50oz. I have been very irresponsible with money most of my life. I’ve wasted lots of money on dumb shit, but now I’m getting serious about my finances or trying to anyway. I’ve never had anyone in my life to teach me this shit I’m just figuring it out on my own.

[Anonymous No.15482370]

>>15482319
>30k 401, 8k crypto, 50 oz of silver

"behind the game" lol this surpasses the majority of people

[Anonymous No.15482440]

Does kys mean keep your silver?

[Anonymous No.15482443]

>>15482367
It can certainly be too late to start, but obviously not in your case sir. Keep at it
>>15482440
Yes

[Anonymous No.15482452]

>>15482443
Why can’t they teach us about money in high school? So many people would be so much better off if we learned this shit as teenagers.

[Anonymous No.15482467]

>>15482452
Absolutely agree. I am mostly self-taught myself. Taught all my close friends and completely revamped my family's finances.

[Anonymous No.15482469]

>>15482204
It depends on how much you make and where you live I'm guessing USA so you have it easier I had to pay 21% tax (or get smart learn how to tell real from fake and buy on "craigslist")i kept buying from internet stores from gemany but since shipments are a bitch i wouldn't buy 10 oz but usually wait till a proper time and buy a bigger chunk since that way I would get cheaper price per round and save on shipping.
I dont know your case but I'm sure you'll find a way if a europoor with 21%taxes on silver could make it an American with higher average salaries and lower taxes should be able as well.

[Anonymous No.15482489]

>>15482452
in all honesty they probably dont want you to know
you're a much better goyim when you're ignorant about such things

[Anonymous No.15482490]

how do I buy silver in canada

[Anonymous No.15482508]

>>15482370
Every time I come onto this board I see posts about 200k crypto, 600k 401ks, 10000 oz of silver, and everybody has salary of 140k working from home. Feels bad, man. Probably larps but makes me feel bad. The plus is that I started really coming to this board regularly in March and the amount of knowledge I've picked up and motivation to improve has unironically saved my life I think. I was peak doomer, now I have hope again

[Anonymous No.15482524]

>>15482469
Yeah I am a mutt. Is 10 oz./month an okay amount?

How many people do you think physically own PMs anyway?

[Anonymous No.15482550]

>>15482452
it's by design homie, they want to keep you dumb and broke

[Anonymous No.15482553]

>>15476037

[Anonymous No.15482567]

>>15482452
fastest way to redpill the population is to teach them basic finance at an early age. Theyll eventually end up asking questions about the FED and it wouldnt get pretty from there

[Anonymous No.15482575]

>>15482508
Unironically as long you are not physically disabled and have at least 80 IQ there is always hope

[Anonymous No.15482614]

>>15482553
alright but still meh compared to other deals

[Anonymous No.15482617]

>>15482575
Physically capable right now. I like to think I'm not a brainlet and am able to easily blend in with normies. I'm often told I'm personable and charismatic so maybe I can get some use out of my real estate license. Going back to college to finish my bachelors in business administration (too much of a brainlet for the high maths in STEM) but not too worried about the costs as I've got at least 2 jobs lined up whenever I get my bachelors. Bonus points for making my parents happy that I'll have a bachelors, it is something I think they've secretly wanted me to do despite telling me to just be happy over the years

College is often called a scam here and I am still falling for the meme but it may not be as bad because I've got some prospects that wouldn't be available without my bachelors. Sorry for blog posting, you guys are my frens and my offline friends don't talk about these topics

[Anonymous No.15482709]

>>15482550
>>15482567
like i said here >>15482489

[Anonymous No.15482962]

>>15476280
I have about that amount.
I currently have about 10 % in physical, it's just too time consuming to buy and sell without getting it over/under spot when you go with physical.
It's also easier when it comes to taxes.

My weighting is a bit different though.
10 % gold
10 % platinum
80 % silver

[Anonymous No.15483029]

>>15479111
Latest rally has been insane!
Did not expect this strength to be honest..
I've pretty muched reached my accumulation goal and hold about 27.5 % of my portfolio in PM's (80 % of that in silver).

[Anonymous No.15483074]

Where should I buy silver from if I live in northern Europe?

[Anonymous No.15483118]

>>15483074
Estonia if not germany or belgium

[Anonymous No.15483187]

>>15483074
Norway/Estonia
I was thinking about going there to buy, I live in another cucked nordic country.
Otherwise you can just buy junk silver such as old coins containing silver.

Lycka till!

[Anonymous No.15483613]

>>15481664
SAFEX is a scam from Serbia, and is heading to zero, don't buy that scam

[Anonymous No.15483623]

>>15482367
Buy silver with that $9000 interest rates heading negative anyway why hold fiat

[Anonymous No.15483626]

>>15482221
20 oz a month is a fine place to be

[Anonymous No.15483636]

>>15481985
$1,000 in silver is fine are you serious?

[Anonymous No.15483639]

>>15476055
>16 years for 5x gains

[Anonymous No.15483713]

>>15481292
>>15483639
I feel petty good about my decisions.

[Anonymous No.15483797]

OoooOoooOooOooooOOOO keeps going

[Anonymous No.15483860]

>>15483639
Unlike online coins, however, Silver/gold has virtually ZERO chance of becoming worth $0.

Precious metals are "slow and steady wins the race" type of investments. Anyways they are not supposed to be treated like an investment. They are first and foremost hedges.

[Anonymous No.15484039]

>>15480926
2 months ago, I had a gold shipment from apmex stolen by some postalnigger at the USPS. Thankfully, the shipment was insured and apmex sent me a replacement via UPS this time, but it took a while to get my gold.

[Anonymous No.15484052]

>>15481795
You should learn how to analyze the charts, and plan your buying accordingly. You need to be buying before everybody is talking about it.

[Anonymous No.15484129]

>>15483797
>mfw i only have a 5oz pico-stack
Seeing silver mooning is so painful when you have such miserable stack, i feel like poopoo rn, hold me frens.

[Anonymous No.15484177]

>>15484129
Its ok fren 5oz is better than 0oz
also trade around your core position. Silver is volatile so it'll proably crash back to 15 in the next few months too.
Were gonna make it fren

[will silver stay strong until (...) No.15484355]

Heavy rock lovers, you think this bull move will stay strong until $23?

[Anonymous No.15485118]

>>15482617
Glad you're in a good state, but how the fuck were you ever a boomer. You are in a better position than most people.
>degree
>personable and charismatic
>physically fit and of average intelligence
>jobs lined up (this is the biggest one, I have been a NEET for a while now since graduating)
Really makes me think

[Anonymous No.15485126]

>>15481292
Hey, those are some pretty good returns, kid.

*siiiiiiiiiiiiiiiiiiiiiiiip* ahhh

[Anonymous No.15485134]

>>15481292
Adjusted for inflation he made alot less. Probably even nothing.

[Anonymous No.15485329]

>>15485126
*siiiip*
Yeep, slow and steady, that's how to invest.

[Anonymous No.15485343]

>>15485118
Just too much reading here where everybody is an already retired software engineer who bought BTC in 2011 and made 900k in stocks as well. I often lose site on what the average person has going for them so I feel behind. How much do you think the average person has set aside for retirement by, let's say, age 30? Also, where do you live and what type of work are you looking for (if you're looking, NEET is comfy)?

[Anonymous No.15485500]

>>15485343
>buying into the larp here
That's your first mistake m8.
>average person has set aside for retirement
Depends on what you mean by average, the average person of the world likely has 0 because he is living with around 200USD a month (just a guess but it should be close enough to truth to put things in perspective). If you are in a first world country I would reckon the average person has about 50k in savings by 30. Honestly it depends on which demographics and culture group you look at. Personally my friends should have about 100-150k USD saved up by 30 based on their current saving rate, lifestyle and income (we're 26 but I'm NEET so I can't guess for myself). I also taught them how to invest properly so their savings should be better than a non-investing pleb.
>location and work
Singapore, not really interested in the field I took a degree in (which greatly contributes to my NEETness) but I am thinking about data analytics. I'm currently day trading on Bitmex as well.
>

[Anonymous No.15485817]

>>15483613
>Serbia
Yep true. It's purposefully out of the reach of the SEC

>Scam
Well they've gone from a one man project to having a team of 30 full time paid staff with premises. They've also got a development company called Balkaneum which develops for Safex. Oh and they've built their own exchange and have ATMs ready to roll out.

Look at who funded this. A lawyer called Kines who works for Libra. And the name of the exchange they built? Xcalibra.

Sound familiar? Both of these names were settled before Facebook announced anything.

You're seeing the successor to Amazon with the addition of unstoppable dark markets.

DYOR if you're smart enough.

[Anonymous No.15486057]

>>15485329
Slow and steady yup

My bonds are up 5% this year, now that's a dang ol good investment yup. Not these bitcorn scams these kids are getting

[Anonymous No.15486110]

>>15485500
Yeah I don't think I'll have 100-150k saved by 30 lmao my gf is getting an inheritance that should be ~250k though. She wants to use it for a house

[Anonymous No.15486127]

>>15486057
bonds used to be great, make a mil (or half) and you could retire on the 8% they paid. Can't do that anymore.

[Anonymous No.15486189]

>>15476916
Fucking buy it from a bullion vault abroad and you won’t pay shit in tax for it and they’ll mail it to your ass.

[Anonymous No.15486353]

>actually buying physical PM
just buy spec mining stocks ffs, already up 150% on a stock after 2 weeks holding

[Anonymous No.15486533]

>>15486353
if you dont hold it, you dont own it

[Anonymous No.15486590]

>>15484039
This I why I have a PO box, drastically lowers the chance of your shit getting stolen and having to go through some sort of claims process.

[Anonymous No.15486596]

>>15486353
Which stock

[Anonymous No.15486639]

>>15486590
Drastically reduces the chance of someone selling you anything. Most everything has signature delivery.

[Anonymous No.15486734]

>>15485500
>Average person has about 50k in savings by 30
Lol, the average 30-34 year old person has 29k in net equity, mostly in the form of illiquid home value. If you have a $50k portfolio by 30 you are doing above average. Not fantastic, but ahead of the curve.

>>15486110
Buying a house with inheritance is sort of like buying a $60k truck using your military enlistment bonus, sure you get something fancy to enjoy and show off, but you are wrecking the long term investment potential of that lump sum. Unironically how most family wealth is squandered.

[Anonymous No.15486753]

>>15486639
What? I've never had anything denied being sent to my PO box, which is a tiny cube, they just hold my packages in the back for me.

[Anonymous No.15486770]

>>15486734
I read something once that said like 70% of the average American's net worth is their home. People view their homes as an investment - whether that's good or bad, hard to say. I agree that taking whatever you would have spent on a mortgage and dumping into the market and holding for 40 years is probably the better choice.

[Anonymous No.15486781]

I love to rub my silver eagles all over my balls and cock.

[Anonymous No.15486827]

>>15485343
> Average American has 16,000 in savings
> Median savings across all US households in 5000

That's from a USA today article. Don't know how accurate that is, but at least anecdotally most people I know would have a hard time coming up with $1000 in a pinch.

[Anonymous No.15486834]

>>15486353
was gonna ask this what are good silver stocks?

[Anonymous No.15486862]

>>15486770

Having a nice house if fine once you've made it, and if you buy right you might even make money. Most people severely underestimate the total cost of taxes, maintenance and opportunity. If you do buy a home before you've made it, get a very modest house.

[Anonymous No.15486886]

>>15481721
This. Got asked "if you could send a note with 1 word on it to yourself as a child what would it be?" Bitcoin. But then thought nah I would have panicked when it dropped from 40 to 38 and sold it off. So instead I would write "Dumbass"

[Anonymous No.15486951]

>>15486734
I have 20k while still on college age 24. How good am I doing statistically

[Anonymous No.15486964]

>>15486951
Better than average. What's your debt situation?

[Anonymous No.15487000]

>>15486781
Silver is good for blood circulation so you should unironically keep doing this

[Anonymous No.15487017]

>>15485329
>he doesn't day trade leveraged silver, gold, and oil ETFs

[Anonymous No.15487040]

>>15476704
>the ones and zeroes that make up your holdings would be useless.

You say that but those ones and zeros are backed by physical silver in JPM’s vaults. You won’t know until it happens what will happen but I can’t see people with huge sums jn ETF’s just letting JPM laughing at them. People will be out for their and the bankers’ blood.

[Anonymous No.15487319]

>>15487017
Based and NUGT pilled

[Anonymous No.15487579]

>>15486734
I disagree with this. What else are you supposed to do? Rent? That's money out the window.

Granted there are definitely real estate purchases that are much more sound investments than others. A duplex in a decent area close to a nice college is a great investment compared to a cookie cutter gated community house in a not so desirable area that'll get eviscerated in a recession.

But to say that real estate is a bad investment to make with an inherited lump sum is kind of disingenuous.

[Anonymous No.15487589]

>>15486596
Not him, but NAK is great when there are recession fears or scares. Dont buy it for more than 49 cents tho.

[Anonymous No.15487683]

>>15476103
fastest boomer in the west

[Anonymous No.15487790]

>>15487579
>>15486770
>>15486734
I should clarify that we aren't looking to spend the entirety of that on a single house. She wants something small with some land one day, I have been pushing for ~125-150kish type property depending on location. We don't want to live in a city. Basically buy a house with a portion of it because we don't want to rent (we want to modify the house and develop the land to garden and grow food, she also has a horse)

[Anonymous No.15487804]

>>15487589
This?

[Anonymous No.15488196]

Realistically what price to sell at? JPS Morgan is going to crash the market at some point sub 40. I bought at $15 thinking of selling half at $24.

[Anonymous No.15488267]

>>15488196
If you sell at 24 you'll probably get 21 at a coin shop then you have to pay 30% tax to the irs so congrats you just broke even lol.

[Anonymous No.15488277]

>>15487579
>>15487790

I'm not saying don't buy a house, but you have to understand: the land your house is built on is worth money, the house on the land is a depreciating money black hole just like a vehicle, unless you have a way of deriving income from it (like the duplex you mentioned). Renting also is mostly a bad idea unless rents are below combined mortgage & maintenance rates where you want to live. If you are on /biz/, I assume you want to be rich, so take the quickest path there: increase income and decrease housing costs. I personally buy duplexes I rehab and then live in, and have not paid a penny in housing costs in 4 years, as my multiple mortgages and maintenance are paid for by tenants.

[will silver stay strong until (...) No.15488385]

>>15488196
If you want to profit from declines buy put options on SLV.

[Anonymous No.15488424]

>>15488196
Why would they crash the market ? They have a billion physical ounces

[Anonymous No.15488487]

>>15488277
Very smart. I'm in the process of buying a house in Winter Park Orlando. While I wanted to find a nice duplex, the things are such money makers that no one gives them up.

So instead I found an intact 3 bed 2 bath for 120k under the median price of the area code and it's in a great neighborhood. For some rennovantions and little elbow grease which will cost less than 8k i honestly believe its value will go up 40% or more in five years. Not because the house itself is amazing. But because like you said, the land and area it's in is so valuable.

[Anonymous No.15488566]

>>15488277
Where do you live?

[Anonymous No.15488585]

>>15488277
Rents in my area are the same, if not more than, a mortgage. Also, my girlfriend will have final say on how her inheritance is spent because it is, well, hers. She ultimately wants some land for her horse and a house that we "own" (taxes to the government is just rent) and she is pretty adamant on that. I want to build a portfolio of rentals though

[Anonymous No.15488595]

Potential breakout coming very soon. If 19.50 is breached, it's going to $20 today.

[Anonymous No.15488674]

>>15488487
You got an email? I'd like to learn more about duplexes.

[Anonymous No.15488781]

>>15488674
Honestly man I really dont know much about them besides the fact that you can live in one half and rent out the other half to pay for the cost of the mortgage. If I were a single guy without an older fiancee that wants kids and a decent life, I'd totally find the first one that suited my needs and live that way. That other anon in here would be the person to ask. But definitely look into it.

One thing to keep in mind (I'm no expert, this is my first house) the area in which you're buying property is the most important factor hands down. If you have to stretch a little more to get a higher tier area than do it. Think of it in terms of the better the area the higher the rate of return on your investment.

[Anonymous No.15488790]

>>15476055
>2019
>aol e-mail address
LOLOLOLOLOLOLOLOLOLOLOL

[Anonymous No.15488823]

>>15482489
>>15482550
>>15482567
Bingo

A financially educated populace would be very difficult to scam with their Jewish central banking money magick.

The cartel that controls our money also controls our education. 1+1 = 2.

[Anonymous No.15488851]

>>15488823
this reminds me of /pol/

[Anonymous No.15488969]

>>15488585
Try to get her to split that bc a quarter of a mill can go pretty far in some places in america. So if you guys want to live on some land you can get a decent home for 120-150k then pay off 1 or 2 smaller rentals in small town USA.

[Anonymous No.15489071]

>>15488969
She's dumping him once she can buy a nicer model.

[Anonymous No.15489082]

>>15488487
>>15488781

I bought a large triplex (duplex with 3rd floor efficiency) in a relatively desirable midwest city in early 2017 for 143k. Best decision I ever made. Even with my modest salary I can afford to have my wife stay home and raise our children. My family and I occupy the 2nd and 3rd floors while renting out the first for 900 a month which is around 200 less than my competition in the area so I am able to keep my tenants and they don't bother me because they would get rent raped living somewhere else. I put 20% down so even with high property taxes i only have to put out $125 a month to cover the mortgage and insurance. I put 6k in materials and flipped the kitchen and bath myself. The house now sits around 200k, of which I owe around 110k. Also am stacking silver (25oz so far), have three firearms and 2k rounds of ammo.

[Anonymous No.15489250]

>>15486110
>>15486734
Like I said, depends on culture and demographic. I'm in a rather affluent country with no nigger consumerist spending culture (well not as bad as the USA at least, although it is getting worse). The people I surround myself with are mostly like minded so we have decent income + high savings rate, so I may have been biased in my assessment.

On the house part, it can easily be a good investment if you choose your location and type of house accordingly. I'm not familiar with the US market so I can't give you specifics but general housing investment rules apply. You might want to estimate numbers like these
>Cost of house
>Opportunity cost of not investing the money for the time it takes for your house to "mature" (maybe 15-20years), i.e. investing in a diversified stock/bond portfolio
>Value of house at maturity
>Cost of rent
>Do a time-value analysis of the rent over 20 years
>>15487040
What you're saying doesn't make sense at all. In a SHTF scenario, are you telling me you going to locate the vault and raid it for your silver? How likely is that? Would you be doing it after you secure yourself, your family and supplies or before? Not only that, a large proportion of investors are not based in the US. What are they going to do?

[Anonymous No.15489439]

>>15489071
Maybe if I was an ugly autistic NEET

[Anonymous No.15489450]

>>15489082
Kek I'd share my arms but don't wanna get a visit from the alphabet boiz

[Anonymous No.15489812]

>>15489082
Curious. Did you get a comm re loan or residential primary mortgage loan?

[Anonymous No.15490025]

>>15489812
It's a conventional 30-year loan for primary residence. I believe for investment property loans you need a large down payment something like 75 or 80%. There is a stipulation that I have to occupy the home for a certain amount of time - i believe it's 5 years.

[Anonymous No.15490115]

>>15489450
you are right that wasn't smart of me to share that info. however the tools I have are not illegal to own and i bought them legitimately so I'm not too worried.

[Anonymous No.15490136]

COME AND TAKE IT, MOTHERFUCKERS
>texmetals.com
Show me a more based bullion dealer. I dare you.

[Anonymous No.15490163]

>>15489250
Don’t need to secure anything, i’ve got supplies, i grow them and can protect myself. I’m not going to be the only person demanding my silver, the shtf scenario you’re suggesting would be a global catastrophe one, such as a Carrington event, asteroid or something and i could happily barter food as you don’t even know if silver would be something people would want in such a scenario at first. Later on when things have settled JPM would be under serious fire if they withheld it. If the SHTF scenario was via a depression those ETF’s are still contractually bound to the silver in JPM’s vaults. Same with shares, they’re still yours.

[Anonymous No.15490191]

>>15490136
>texmetals.com

$2 over spot...?

[Anonymous No.15490235]

>>15488790
dude, srsly

[Anonymous No.15490325]

Reminder that it's heading to at least $100/oz and if you don't have $50k invested minimum you're never going to make it

[Anonymous No.15490445]

>>15482367
shit anon are you me? im only just opening my eyes to the world of finance after coming into too a decent compensation payout, i dont want to die in my wage cage can you point me in the same direction you went so i can get myself learnt?

[Anonymous No.15490751]

>>15490163
Then I have no idea what scenario you're imagining where society has fractured enough where you need to physically claim your silver while not fracturing enough for people to still care about contractual obligations. When things have settled as you've said, who is going to hold the ETF owner accountable? What state will society be in? Who is to say the first thing that will happen upon the catastrophic event won't be people raiding the vault before you do? I find it rather odd you seem to be closer to the doomer prepper type while still supporting having your resources in an external vault.

[Anonymous No.15490873]

>>15490751
I have some physical of course, not a lot but enough. Food would be a much better barter good though. The scenario i’m looking at is the possibility of the US having to re-peg the dollar fiat dollar to gold (or silver). It’s not as if Bretton Wood was that long ago in historic terms and the Russians/Chinese (even India) CB’s have been gradually deleveraging from the dollar into gold/silver, the former alot, the latter can seriously damage the US if it started seriously offloading US treasures.

[Anonymous No.15490910]

>>15490751
>hold the ETF owner accountable?

There’s a high probability there’s going to be State or Chieftain who’s going to be looking over one of the biggest banks on earth. Can be any number of scenarios.

[Anonymous No.15490921]

>>15490873
Why do you think gold and silver became money? So people wouldnt have to barter like fucking plebs.

If you have ammo and food and I have just ammo....you arent going to give me food for ammoo because you already have ammo.. But if i give you a silver dime, you can take that silver dime and go buy toilet paper...then that guy selling you toilet paper can give that dime you gave him to some hooker to suck his cock.

[Anonymous No.15490998]

>>15490921
I’m not ruling anything out, of course in a situation like that silver especially is goin to be useful but for the less SHTF happenings they’re still a good hedge against a former hegemonic power declining that pumps it’s IOU’s into stagflationary for all eternity. CB’s eventually been forced to re-peg has a higher probability in the near future than a pan-global catastrophe.

[Anonymous No.15491022]

>>15476037
5000 oz @ $14 and the party has even started yet. $500 is the real resistance . Might sell some then. Instant fucking millionaire

[Anonymous No.15491373]

>>15490998
Yeah, I wonder if all the pro-apocalypse types have actually been a weight keeping silver down, simply because a lot of people don't want to even be associated with them.

[Anonymous No.15491475]

>>15491373
Just a good inflation hedge for baby boomers while bonds are paying back such little interest. Good to have just in case there’s some variation of SHTF though.

[Anonymous No.15491556]

>>15476037
1 slab of my stack @$14 . My only real concern is selling 1 of these @$500 will need wheelbarrow for the fiat

[Anonymous No.15491578]

>>15491556
Envious, they look beautiful. Would bang.

[Anonymous No.15491628]

quick what's the suicide stack amount and when do we sell

>millenial

[Anonymous No.15491630]

>>15476636
Retard with zero knowledge and understanding of what Fed and other central banks are doing to the economy. They are literally dumping trillions of unbacked FIAT paper into markets every year and doesn’t understand what this will do to PMs. Incredibly Somalian.

[Anonymous No.15491706]

>>15491578
Thanks bro bought direct from Perth Mint over 3 years ago .I admit being contrarian i wasnt feeling all that flash about the buy until 4 months ago. But I knew the Fed and company wouldn’t let us down and I just had to wait.