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/biz/ - Business & Finance


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16184393 No.16184393 [Reply] [Original]

>> No.16184397

>>16184393
I already have a stack. I buy more under $16

>> No.16184409

not buying your boomer rocks that can't be cashed in

>> No.16184417

what option should I buy? Markets fucked

>> No.16184421
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16184421

ok boomer LOL!

>> No.16184431

>>16184393
"no"

>> No.16184485

>>16184393
>implying it wont go lower
come on, its definitely going down another ~$0.70-$1.00
>>16184409
people say the same about crypto. stop being stupid.

>> No.16184494

>>16184393
ok boomer

>> No.16184572

Silver going to $500+ an oz next year according to Bo Polny. That dude is 85% right most of the time.

>> No.16184603

>>16184572
85 percent of the time he's right all the time

>> No.16184935

>>16184485
with crypto there is a chance you'll get fucked with liquidity or order freezes or some shit

with metal you are GUARANTEED to get lowballed HARD when you sell.

>> No.16184961

Enjoy your bleedout to $10 newb

>> No.16184964

In order to make a profit in metal it needs to go up 25% only to get back 10% from the PM buyer. So basically investing in metals is a losing hand as soon as you purchase it.

>> No.16184975

>>16184393
I just bought the top. Ah fuckin well. Next time I buy I'll make a thread and warn you guys.

>> No.16184992
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16184992

THE MARKET JUST DOESN’T UNDERSTAND, THEY DON’T GET IT. IV’E BEEN SAYING THIS FOR 15 YEARS. I AM LITERALLY ALWAYS RIGHT BUT THE MARKET WANTS YOU TO KEEP BUYING STOCKS BUT YOU SHOULDN’T. I PREDICTED THIS AND SAID BLAH BLAH BLAH AND REMEMBER FIVE YEARS AGO I WAS ON RT AND SAID BLAH BLAH BLAH BLAH BLAH I’M ALWAYS RIGHT BLAH BLAH BLAH BLAH.

>> No.16185005

>>16184992
Kys pussy

>> No.16185193
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16185193

I already bought this month.
I bought some premium pieces.
If the spot price is still down next month I'll probably buy either eagles of junk.

>> No.16185221

Thinking of buying some silver since I'm convinced a recession is on the horizon. I've heard Canadian silver coins are good quality, anyone can verify?

>> No.16185246

>>16184992
Market stays crazy loner than you can stay solvent, yadda yadda yadda

>> No.16185267
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16185267

>>16185193
Why would you think those "premium pieces" would be a good way to invest in silver? I'm not judging or being a jerk I'm genuinely curious, do you think they will still command a premium if you go tl sell them later?

>> No.16185281

>>16185193
They look pretty cool anon.

>> No.16185694

Silver $100/oz by 2025

>> No.16185700

>>16185694
2020*

>> No.16185716

>>16184393
imagine not riding the fed negative interest bull run KEKK nice shiny rocks boomers maybe your rocks will be up 3 % next year

>> No.16185731

>>16185267
>>16185281
thanks
yeah with premium silver it's all about availability and desirability
if a piece isn't being made anymore and none of the big retailers have it in stock then the only place to get it is in the secondary market which means the premium could go up or even skyrocket depending on how desirable it is
it's not a guarantee but it's a good way to add a little risk into the portfolio

>> No.16185935

Imagine buying a boomer meme coin with a negative annual rate of return over the past 10 years and still thinking you made a good investment.

>> No.16185965

>>16185221
Canadian Maples have the best security features of the government coins imo.
If you're in Canada, buy maples and 10oz bars from RCM, otherwise consider your country's offerings and compare to RCM stuff.

>> No.16186271

>>16185731
it's not, you're a moron and you'll never recover the premium you paid on that garbage

>> No.16186320
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16186320

>>16184393
Kinda low on cash but might have to buy another ounce of gold and 100oz bar this weekend

>> No.16186324

>>16186271
What about the premiums on engelhards and JM's? I've never sold back so will I lose the premiums over spot i paid on those? Or just buy the random picks at .59-.69 over and hope I don't get Santa or LGBT stamped coins?

>> No.16186482
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16186482

>>16185935

>> No.16186505

>>16185935
boomers on suicide watch

>> No.16186516

>>16184393
>please pump muh bags

>> No.16186668
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16186668

I warned you about silver. We're going back to 15.

>> No.16186676

>>16185965
I'm an American but there is a local place near me that sells Maple Leafs. There are also American Eagles and Silver Rounds along with Krugerrands and Kangaroos. Since I'm a Amerimutt should I just stick to American silver or is there any real reason to look at other options?

>> No.16186682

>>16186668
Fuck yeah! I will stack even deeper at 15!

>> No.16186701

>>16186676
All government backed bullion is a buy in my book. It's mostly for authenticity and some stackers/investors will look for those over generics when/if you go to sell any.

>> No.16186714

>>16184393
wait what am i supoosed to be buying?

>> No.16186731

>>16186714
Yes buy low and don't sell big things are happening

>> No.16186747

>>16184409
Man didn't stop using stone when he started making bricks.

>> No.16186761

>>16184393
back to sub $10. economy is booming

>> No.16186777

>>16186271
That's why you never sell them, you hoard constitutional silver to sell and the premium stuff are the family jewels.

>> No.16186784

>>16186271
ok boomer I guess you've never heard of ebay

>> No.16186791

>>16186761
Please Stop!!!... my penis can only become so erect

>> No.16186794
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16186794

>>16186777
checked

>> No.16186864

>>16184964
your argument is valid but 10% is exaggerated if you know a decent shop to buy and sell

>> No.16186870

this a good buy?
https://www.ebay.com/itm/1-oz-Hand-Poured-999-Silver-Bullion-Bar-by-YPS-Bare-Bones/132304514557?epid=1247575536&hash=item1ecdf6adfd:g:Eg4AAOSwDKpZnW1l:sc:USPSFirstClass!29605!US!-1

>> No.16187029

>>16186676
Recognizability is big when selling, Maples should be just fine in the US.
Americans seem to prefer Eagles usually but Maples would be #2. Maples are usually a bit cheaper too.

>> No.16187045

>>16186505
Its a clown world anyway, what does it matter if my candles are red or green today.

>> No.16187059

>>16186870
pls respond idk what kind of silver to buy

>> No.16187062

>>16187045
Clown world makes contrarian bets just kinda feel right. I'm feeling lucky.

>> No.16187095

>>16186870
Just get whatever cheapest junk silver they got listed on apmex.

>> No.16187121

>>16187059
Buy it if you want to be a collector, if you want to invest in PMs buy boring stuff and keep the variety as low as possible.
Easier to sell 500 1oz maples than 500 different random 1 oz coins bars rounds etc.

>> No.16187122

>>16187095
is what i listed at least decent?

>> No.16187141

>>16187122
No. You won't make money buying that vs an eagle/maple/kookaburra.

>> No.16187143

>>16186701
>>16187029
Maples are almost a full dollar cheaper than eagles. Silver Rounds are actually the cheapest but they seem like any other generic silver coin. Going all in on Maples seems to be the best option. The only other coin I'd want are Kangaroos just so I can say I own Silver 'Roos and make didgeridoo puns.

>> No.16187148

how much will the price of 1 oz of silver realistically shoot up?

>> No.16187161

>>16187029
I’d definitely buy eagles if they were available to me; who wants some dumb old cunt on their shiny?

>> No.16187221

>>16187148
$1k usd by eoy 2020

>> No.16187295

>>16186761
And the sell signals just keep rolling in....shorts have basically capitulated

>> No.16187305

>>16187122
You're better off with constitutional silver, it's recognized by all bullion/coin dealers and the premiums on them are not that bad at all.
https://www.apmex.com/product/88199/90-silver-mercury-dime-50-face-value-bag-avg-circ is what I got. Just shop around.

>> No.16187424

JM Bullion accepts BTC and BCH for all you neets that only have fake internet money.

>> No.16187428

>>16187221
any non meme answer?

>> No.16187437

>>16187221
maybe i'll just buy anime titty posters instead

>> No.16187600

What is the difference between investing in silver ETFs like $SLV and buying real material? Isn't the price change the same without the risk of having silver or gold or what ever home?

>> No.16187706

>>16187600
if you don't hold it you don't own it.
there's more silver "stocks" being traded back and forth than actual physical silver exists. Owning $SLV instead of physical is like keeping your Bitcoin with MTGOX for safe keeping/convenience.

>> No.16187851

>>16184572
Bo is a straight up conman.

>> No.16187913

>>16185716
>imagine not riding the fed negative interest bull run KEKK nice shiny rocks boomers maybe your rocks will be up 3 % next year

hello can you tell me what there is to ride?
Isn't a bad thing the fed lowering interst rates?

>> No.16187917

>>16187913
When negative interest rates hit, debt will flood into gold and silver

>> No.16188224

>>16187917
I mean that guy told imagine not riding the fed negative interest bull run as if it was a good thing for the stock market
>>16187917
>When negative interest rates hit, debt will flood into gold and silver
how could you tell this? What if it flood into other commodities or stocs?

>> No.16188319

>>16185267
No!
Avoid novelty stuff.
When you sell silver bullion you should get spot or a little under.
Eagles and Maples may get a buck or two more.
You will never recover the premium on novelty bullshit, so buy as close to spot as possible.
Generic silver rounds and bars from JM Bullion on sale are the best bets.
https://www.jmbullion.com/on-sale/

>> No.16188331

>>16186324
Collectors may pay extra for Engelhards but I wouldn't bother unless you found a good deal.

>> No.16188344

>>16186870
lol I'd give you spot for that mess. Maybe 10 cents under spot since its so ugly.

>> No.16188386

>>16188224
If usa goes negative interest rates then banks collapze

>> No.16188407

>>16188319
>You will never recover the premium on novelty bullshit
this simply isn't true
there are plenty of ways to recover the premium including ebay, craigslist, let go and private auctions
regardless, with premium stuff you should be planning on holding it for a long time

>> No.16188493

>>16188407
ok boomer.
I'll give you spot for your Franklin Mint 1 oz coin.
And I'll give you $1 under spot for that ugly ass poured silver skull.

>> No.16188512

>>16187600
When everyone wants the silver delivered and they can't meet delivery, the paper will be worth less than the physical.

If you don't hold, you don't own it.

>> No.16188599

>>16188493
Go read what I had said earlier.
I said that it depends on what you buy and how popular it is.
I don't know why zoomers like you come in here just to spout nonsense, pretending as if collectors markets don't exist, pretending that you have to buy the cheapest silver humanly possible in order to have any possibility in seeing a return.

>> No.16188615

>>16188512
If they can't deliver the price will skyrocket due to the supply/demand effect. They will be forced to source it on the open market which will add fuel to the fire

>> No.16188689

>>16188386
>If usa goes negative interest rates then banks collapze
swizaterland is already on negative interst rates in bonds and bancs are not collpasing

>> No.16188706

>>16188689
switzerland isn't the usa and their currency isn't the world reserve currency

>> No.16188720

>>16184572
>Silver going to $500+ an oz
Not in your children's grandchildren's lifetimes

>> No.16188737
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16188737

>>16188493
kek

>> No.16188738

>>16188720
Hahaha I think I'm going to get a 1000 oz bar soon.

>> No.16188755

>>16188407
You're not wrong, but picking winning premium stuff is it's own skill, as is flipping it successfully.
It's something I know I don't want to put effort into, beginners should probably steer clear as well.
Some guys want to turn it into a hobby and know the premium stuff may not pay off but buy it for fun, nothing wrong with that either.

>> No.16188785

>>16188755
Well said, I agree.

>> No.16188870

>>16185193
>reptilian silver

you fucked up buddy

>> No.16188881

>>16188720
You’re right, in their lifetime it won’t go under 5k usd

>> No.16188899

>>16188881
>5k usd
>silver
kek, fuck dude gold wont hit 5k in your lifetime

>> No.16188924

>>16188899
more like it'll hit 5k EOY

>> No.16188928

>>16188615
The value of the paper will drop and the price of physical will pump. He was asking about paper silver not physical.

>> No.16188934

>>16188899
People like you are going to have a rough go of it in the near future

>> No.16189041
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16189041

>>16188870
the other side has an image of vikings stealing the reptilian's eggs(because they are going to eat them)

>> No.16189047

>>16188899
You are in for a nasty surprise my man.

>> No.16189118
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16189118

>>16188899
you're never gonna make it anon

>> No.16189210

>>16189047
old fag here, we had our hayday back in 2011-12 when we dumped on retards like you for over $30oz. those were the days, Now I dont even try to flip it anymore, if i get a good deal on some I just use it to buy guns and shit from prepper types at gun shows. I can turn a $1500 gun into cash tonight in a few hours, let me know how much luck you have selling a 100 oz bar before morning

>> No.16189236

>>16189210
ok boomer

>> No.16189242

>>16189210
Except here’s the thing retard: I’m not sticking around in burgerville to get robbed and fight against roaming gangs of nigs and redneck zombies: I’ll be in Switzerland, with civilization, my silver comfy in a vault

Stay poor amerifat

>> No.16189270

>>16189242
kek

you'll be executed at the mosque

>> No.16189322

>>16189270
I guess you haven't heard but Switzerland has its shit together

>> No.16189347

>>16185193
>getting turbo autist dragons and other tacky shit

come on dude, no one but losers like you is going to buy this shit later. sovereign coins and bars only

>> No.16189382

>>16189270
Switzerland =/= Sweden
>>16189347
ok zoomer

>> No.16189420

Why silver instead of gold? Not trolling. Actually curious.

>> No.16189498

>>16189420

Because silver is undervalued within a historical context. It’s a lot to go into right now for no gain, but basically a days worth of work used to (essentially) net you an ounce of silver, a week an ounce of gold. An ounce of gold per week is still a decent salary ($1400 and some change.) However the ratio of silver to gold value is skewed. Absolutely fucking nobody would work for $16.90 per day in the first world. So the idea is that the silver to gold ratio will correct, therefore only two things could happen. Either gold could drop substantially, or silver could gain substantially. There’s also the intrinsic value, silver is used to manufacture electronics. Especially solar panels. There’s also the idea of silver mines closing, which is going to occur in the next 6-8 years. This is why it’s also a good idea to buy platinum, palladium, and rhodium. Platinum is mostly used for catalytic converters, jewelry and a financial vehicle. Same for palladium. Rhodium has some interesting unique uses, such as tinting for white gold, and touchscreens. Also they’re all part of the “platinum” group of metals. Primarily mined in Russia. ONE mine closing in South Africa caused all platinum group metals, but especially rhodium, to jump dramatically. Basically, it’s all intrinsically valuable, with silver being the cheapest easiest to find one. It’s also antimicrobial. Buy at least one silver spoon and use it to stir your coffee/tea.

>> No.16189536

>>16189420
You should buy gold and only gold. Silver is now an industrial metal. Most demand is from industry so its price will be dependent upon mostly market forces. People who bring up muh gold-silver ratio, are operating on a 19th century economic model The ratio between the two in the 21st century is meaningless.

>> No.16189683

buy the fking dip on UOS aswell

>> No.16189777

>>16189498
Why would they close the mines?

>> No.16189841

>>16184409
>can't be cashed in
stop buying bars you numpty

>> No.16189848

Metals are just a hedge against markets, I personally buy them to one day pass onto my family who do with it idc

>> No.16189885

>>16189777
Mines being depleted happens. You can’t just pick a hole and it’s an untapped vein that keeps on giving forever. There’s also so many other reasons. Like any other business closing, the owner could die and the heir wants no part of the business, the board wants to move into an emerging market and moving away from the destructive, polluting industry of mining into a more eco friendly and green area can net new, young investors and partners, protests, strikes, the mine itself collapsed and killed all your workers cause they’re a bunch of 80 iq retards that didn’t blast in the right spot. A huge amount of reasons. I stack to have a pile of shiny that will always have value. Only silver and gold though, don’t fuck with any pgm.

>> No.16190188

>>16189420
Because silver is 16 dollars an ounce and gold is 1500 dollars an ounce. Any other answer is poorfag cope.


t. Poorfag

>> No.16190191
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16190191

>>16189536
You ever think that maybe you're just operating on a 20th century economic model that was the result of two world wars and massive manipulation via pre-internet memetics?

>> No.16190724

>>16184964
>>16186864
yeah the shop near me would cost me 4.5% if i bought and sold.

>> No.16190878

>>16188737
kinda boomerish

>> No.16190996
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16190996

Based millennial thread

>> No.16191007

>>16189498
>ounce a day
kek they were getting a silver dime for a day of hard work not an ounce
Judas sold out jesus for 14 ounces of silver

>> No.16191419

>>16190996
Why bother with so many 100 oz silver bars? You could have used that money to diversify into other metals like gold, palladium, or platinum? PMs are like stocks in that you want to have a diversified portfolio of them rather than being all in like some retarded chainstinker.

>> No.16191481

>>16184417
People on this board are saying “durrr no stock options cuz electricity dying buy physical durrr” but I’m just betting on Silver pumping WITHOUT an apocalypse. Markets will correct, and silver will pamp.

I bought a shit ton of SLV April 2020 $18 calls. Gives it enough time to go into significant profit. Those options are trading around $0.35

>> No.16191515

>>16191419
Because fuck you that's why.

>> No.16191679

>>16191515
Fair point. Keep stacking brother, but you should at least consider adding more of other metals.

>> No.16192211

>>16188706
>switzerland isn't the usa and their currency isn't the world reserve currency
what a shit cope
They have negative interest rates in bonds (not for money sitting in the bank... I don't know if you get it) well maybe this is different from what you mean with negative interest rates?

>> No.16192238

>>16189210
>$1500 gun
why the fuc* people here are obsessed with ''muh guns and ammo''
It seems pretty retarded and fantascientific conspiracy theory
What da fuc*. bros are you this stupid?
Unless you mean selling USA guns on the darcweb to European (which is illegal and I am not encouraging to do it) I don't get why it should be profitable to invest in guns
Can someone explain please?

>> No.16192256

>>16189210
>I can turn a $1500 gun into cash tonight in a few hours
How?
Selling to whom?
>>16185193
>I already bought this month.
>I bought some premium pieces.
what is the meaning of ''at some premium prices'' ?
Noob in metals here

>> No.16192299

>>16189498
>Because silver is undervalued within a historical context. It’s a lot to go into right now for no gain, but basically a days worth of work used to (essentially) net you an ounce of silver, a week an ounce of gold. An ounce of gold per week is still a decent salary ($1400 and some change.) However the ratio of silver to gold value is skewed. Absolutely fucking nobody would work for $16.90 per day in the first world.

But what has this to do with the fact that silver should increase? Basically just because in the past one day salary was at X ratio between gold and silver then since today gold is skwed it should readjust itself to get to the past daily salary?
It seems pretty retarded you know that?

>> No.16192450

>>16192299
yeah, silver seems criminally undervalued compare to everything else in this day and age, really should be 2-3 hundred an ounce

>> No.16192585

>>16189498
>There’s also the idea of silver mines closing, which is going to occur in the next 6-8 years
WHy will they close?
>>16189536
>People who bring up muh gold-silver ratio, are operating on a 19th century economic model The ratio between the two in the 21st century is meaningless.
this

>> No.16192713

Gold and Silver are the ONLY REAL MONEY in the world. If there is ever a great depression or hyperinflation, everything you own will lose all its value, all your stocks&bonds, your $100k car will be worth scrap metal, your $1M house will be worth nothing. Gold and Silver are not an investment, you will most likely lose money in the short term, but during the black swan its the only thing that will have value. So at least 10% of your net worth should be in gold or silver. If you store your gold/silver in safe storage, you have to make sure your gold/silver is segregated meaning you have serial numbers on actual gold/silver assigned to you and stored separately from other gold/silver.

>> No.16192757

>>16192238
it's not that hard you retard. Either in a shit hits the fan scenario or a even a normal situations guns are sort of a hard asset. They have a real utility, hardly lose value over time and would be easy to trade or sell. Same goes for cars, fuel, food. Things that store wealth over time (like gold does) are a good place to put your money in.

>> No.16192777

"Buy the dip" is one of the most stupidest sentences spammed on this board.

What do you mean "BUY"? You do realize I cannot BUY before I've SOLD something? Because naturally I have ALL of my money invested somewhere you mongoloid.

>> No.16192785

>>16192713
shut up larp

>> No.16192793

>>16192713
>implying a Rolex or a .45 or a pack f cigarettes will be worth LESS than gold bars in the basement of a shut bank

Anon, u dun goofed

>> No.16192822

>>16192793
>will be worth LESS than gold bars in the basement of a shut bank
you dont own gold in a bank, you dont own anything in a bank, its on their ballance sheet and all you hold is an IOU, which is why I already specified you have to store gold/silver in a place where you actually own the physical gold/silver
https://www.youtube.com/watch?v=EtVyGYicjrc

>> No.16192838

>>16192777
>Trying so hard to have something meaningfull to say
But you failed massively.

>> No.16192948

>>16192450
>yeah, silver seems criminally undervalued compare to everything else in this day and age, really should be 2-3 hundred an ounce
But why? I can't get it
>>16192713
>Gold and Silver are the ONLY REAL MONEY in the world. If there is ever a great depression or hyperinflation
If.......
>>16192757
>it's not that hard you retard. Either in a shit hits the fan scenario or a even a normal situations guns are sort of a hard asset. They have a real utility, hardly lose value over time and would be easy to trade or sell. Same goes for cars, fuel, food. Things that store wealth over time (like gold does) are a good place to put your money in.

there should be an apocalyptic scenario from day after tomorrow to sell your guns and food at a delayed x100.
How likely is such a thing?

>> No.16193027

>>16192948
>there should be an apocalyptic scenario from day after tomorrow to sell your guns and food at a delayed x100.
>How likely is such a thing?
You have to ask yourself what is the real value of products and services, why does a 1000sq/ft apartment in New York or London cost $1million dollars, its obviously not the cost of building that apartment, its what people earn and what people are willing to pay. In a doomsday scenario a $100k Mercedes sedan will not be worth more than a $20k Toyota truck because ability to pay for luxury is lost and only utility of moving from point A to point B matters. Even if there is a collapse of currency and banks fail, what is important is the real economy. As long as their is a real economy that has to support basic necessity of food and shelter than most people think that wealth of banks will be lost and everything will start over from scratch

>> No.16193055

>>16193027
>You have to ask yourself what is the real value of products and services, why does a 1000sq/ft apartment in New York or London cost $1million dollars, its obviously not the cost of building that apartment, its what people earn and what people are willing to pay. In a doomsday scenario a $100k Mercedes sedan will not be worth more than a $20k Toyota truck because ability to pay for luxury is lost and only utility of moving from point A to point B matters. Even if there is a collapse of currency and banks fail, what is important is the real economy. As long as their is a real economy that has to support basic necessity of food and shelter than most people think that wealth of banks will be lost and everything will start over from scratch

And what has this to do with ammo and guns? Do you realize that for ammo and guns to became a valuable asset it must be an apocaliptic scenario?
I can understand gold (not silver) becoming valuable if bancs collapsing but honestly I don't understand guns and ammo
It seems a forced meme

>> No.16193084

>>16193055
The idea of guns and ammo becoming the most valuable commodity only comes true if there is a total economic breakdown where people are no longer able to afford basic food and shelter. I dont think things will ever get that bad. I do think there could be a huge collapse of the value of money to where most people will only earn say $1000 a month, so the US economy could drop down to 3rd world levels, and if that happens no one could afford to buy a $1500 gun as that would be a luxury item in relation to their income.

>> No.16193171

>>16185221
RCM silver and gold is pretty much the best and highest purity you can get

>> No.16193246

>>16193084
>I do think there could be a huge collapse of the value of money to where most people will only earn say $1000 a month, so the US economy could drop down to 3rd world levels, and if that happens
basically yours is a deflactionary scenario rather than an inflationary scenario.
Can I asc you why deflationary and not inflationary?

>> No.16193304

>>16193246
>Can I asc you why deflationary and not inflationary?
as far as Im concerned its the same thing, either way you lose purchasing power if money becomes less valuable or you receive less money that has high value

>> No.16193439

>>16190996
Repped

>> No.16193449

>>16191515
Based and good will hunting pilled

>> No.16193873

>>16193304
>as far as Im concerned its the same thing, either way you lose purchasing power if money becomes less valuable or you receive less money that has high value
well it's different from an investor point of wiev. If inflationary one could consider to buy gold. If deflationary one would stay in $ dollars

>> No.16193970

>>16189536
>People who bring up muh gold-silver ratio, are operating on a 19th century economic model The ratio between the two in the 21st century is meaningless.
the price ratio of gold to silver is 1 to 9 based on the fact that there is 9 times as much silver in the earths crust as there is gold

>> No.16194031
File: 111 KB, 1200x1200, 4428D8CD-0900-4546-ACE5-5C0B071CB237.jpg [View same] [iqdb] [saucenao] [google]
16194031

>>16189536
Normally I would agree with you, but take one look at J.P. Morgan’s silver horde and you’ll realize the banking cartel will make silver a monetary metal once again

So I’m all in silver not gold, because if silver collapses the banks lose everything

>> No.16194300

>>16192948
I didn't mean the price would go up, or it would be a good "investment" as in making big profits, only that it will definitely be still worth the same in a few years and not depreciate in value.

>> No.16194339

>>16193970
>the price ratio of gold to silver is 1 to 9 based on the fact that there is 9 times as much silver in the earths crust as there is gold
and what does this mean?
Brainlet here
>>16193304
>as far as Im concerned its the same thing, either way you lose purchasing power if money becomes less valuable or you receive less money that has high value
well it's different from an investor point of wiev. If inflationary one could consider to buy gold. If deflationary one would stay in $ dollars
>>16194031
>Normally I would agree with you, but take one look at J.P. Morgan’s silver horde and you’ll realize the banking cartel will make silver a monetary metal once again
this is your fantasy... there is no evidence about it
>>16194300
>I didn't mean the price would go up, or it would be a good "investment" as in making big profits, only that it will definitely be still worth the same in a few years and not depreciate in value.
are you talking about silver?
Well it's it is certainly a courageous assumption given the fact that it has been dumped more than half since 2011

>> No.16194547

>>16194339
>and what does this mean?
>Brainlet here
it means the value of something is based on scarcity

>> No.16194566

>>16193970
>the price ratio of gold to silver is 1 to 9 based on the fact that there is 9 times as much silver in the earths crust as there is gold
No, no, no... that's just flat wrong. The amount is irrelevant and that is very over simplistic thinking. The ratio of abundance is meaningless and says nothing about how easy it is to *extract* and *produce* said metal. Gold is much harder to mine and produce than silver.

>>16194339

>> No.16194584

I bought 20 1-ounce silver rounds on APMEX for $18.16 each. Did I do good? I want to buy 20-30 each month. Is this stupid? My wife makes like $1400 per week, and I’m a student with student loan debt. I own 3 bitcoin and $5000 cash in the bank.

>> No.16194616
File: 14 KB, 644x800, 933A6D78-FD6F-41BD-921E-19F24CF383A7.png [View same] [iqdb] [saucenao] [google]
16194616

>>16194339
>there is no evidence JPM is stacking a huge horde of silver

Literal retard, stay poor

>> No.16194640

>>16194566
>The ratio of abundance is meaningless and says nothing about how easy it is to *extract* and *produce* said metal.
nope, youre in idiot, precious metals are NOT a commodity whos value is dependent on cost to manufacture, it doesnt matter if gold is mined by a million people on their knees clawing the ground with toothbrushes, the resulting value is only dependent on its scarcity

>> No.16194672

>>16194640
wanna see an idiot who knows nothing about economic forces? look in the mirror. The cost to produce something is strongly correlated with its value.

>> No.16194708

>>16194672
oh let me see now, why dont you tell me how much MORE MONEY DeBeers gets for gold sinking 2 mile long mines in south africa over having a few wet backs in Bolivia pick axe it out of the ground, thats right, its the same price because the value of gold has nothing at all to do with how it was extracted

>> No.16194749

>>16194708
dilate

https://snbchf.com/swissgold/gold/gold-silver-prices/
https://www.americanbullion.com/the-cost-of-producing-an-ounce-of-gold/
https://www.americanbullion.com/what-is-the-current-cost-to-produce-an-ounce-of-silver-today/
https://www.sbcgold.com/blog/10-factors-regularly-influence-gold-prices/

>> No.16194804

>>16194749
you might want to read those links because they support everything I say

>> No.16194817

>>16192238
guns are actually one of the best collectibles to invest in due to companies like smith and colt being retarded at business and constantly cancelling their most popular models and adding unwanted "features" like internal locks. A $100 smith from the 60s is worth over $1000 today, and its still just as useful as the day it came home from the hardware store.

>> No.16194831

>>16194804
read again, it supports what I said. Manufacturing cost is an important factor, along with other things (central banking, inflation, QE, etc). Not one thing in there was about the ratio of gold to silver.

>> No.16194957

>>16190996
J U S T

>> No.16195108

>>16188319
are hobo statues a good investment?

>> No.16195127

>>16189242
>I’ll be in Switzerland
everyone was supposed to go to NZ. What is going on in switzerland.

>> No.16195133

>>16184393
too heavy and I move a lot

>> No.16195153

>>16188319
Lots of bad reviews on JM Bullion

>> No.16195171

>>16194817
>guns are actually one of the best collectibles to invest in due to companies like smith and colt being retarded at business and constantly cancelling their most popular models and adding unwanted "features" like internal locks. A $100 smith from the 60s is worth over $1000 today
it's an illiquid market you won't find people to sell it to

>> No.16195272
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16195272

>>16195171
I can always find "people" to sell to.

>> No.16195347

>>16184964
So just wait long enough for the inflation to reduce the value of the equivalent dollar amount spent to buy the silver/gold to equal the actual value of the silver/gold.

>> No.16195387

>>16186271
> 25% premium
> average rate of inflation 2-3%
Inflation alone would erode the fiat value of that premium in ten years. By that point silver would be worth more anyways.

>> No.16195418

Will NEVER see below $16 silver ever again
Cap this

>> No.16195453

>>16194616
>>there is no evidence JPM is stacking a huge horde of silver
JM morgan is only one bank if one bank is stupid accumulating silver this does not mean silver is a good ivestment choise. Don't you see how can a bank be retarded? look at Deutche bank

>> No.16195464

>>16195453
>JP Morgan is only one bank

Holy fuck you’re retarded, you were genetically built to be my bitch. Don’t buy

>> No.16195471

>>16191419
Silver is the most undervalued asset on the planet why diversify.

>> No.16195545
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16195545

>>16184393

Imagine investing in dead shiny rocks which doesnt bring you yield or interest in any aspect of time

>> No.16195741
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16195741

>>16195545
>NOOOOOOOOO!!! YOU CAN'T BUY SILVER!!! YOU HAVE TO SAVE IN BABYLONIAN-TALMUD MONEY!!!

>> No.16195956

>>16195171
Youre just ignorant. Ive never had a gun sit on armslist for more than a month, and i usually get asking price. Gunbroker is a much bigger market than that.

>> No.16195987

>>16195741
precious metals are meant for preserving your wealth, not growing it. most of the tards on here should be focused on growing their wealth.stop buying boomer rocks.

>> No.16196138
File: 313 KB, 1200x797, Money-Changers.jpg [View same] [iqdb] [saucenao] [google]
16196138

>>16184393
>Buy the dip!
>Price over spot drifts higher ...

>> No.16196215

>>16195987
ok zoomer

>> No.16196787

Ump

>> No.16196805
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16196805

>>16195987
> nooooooooooooo goy you don't invest into sound wealth we won't be able to keep you in debt!!