/biz/ - Business & Finance

[Anonymous No.19974773]

Post your gold price prediction for the end of 2020. Bonus: Post how much oz gold you have stacked.

>1900USD / oz
>16oz

[Anonymous No.19974804]

$2100

[Anonymous No.19974814]

>>19974773
1650
0

[Anonymous No.19974819]

>$1800/oz
>0.16oz

Gold will go down when the economy really starts hitting the skids as boomers whose pensions have gone bankrupt start shilling their rocks online to keep a roof over their heads

[Anonymous No.19974823]

2k

[Anonymous No.19974826]

$2200

[Anonymous No.19974842]

>>19974819
imagine believing private sellers can move the gold market

[Anonymous No.19974857]

>>19974773
lol i didn't know it was this bad for gold

[Anonymous No.19974883]

>>19974773
800 USD soon

[Anonymous No.19974886]

>>19974804
LOL not smelted, not even unpacked, just blind trust that they actually sent you the gold you paid for

[Anonymous No.19974911]

>>19974773
That picture says it all.

[Anonymous No.19974942]

>>19974773
Weak bait, kiddo.

Gold isn't an investment.

2012: purchasing power of 1$ = 1$
2020: purchasing power of 1$ = 70c

[Anonymous No.19974955]

>>19974942

Yeah lemme just pull out my scales to pay you 0.73 grams of gold for this handjob you're giving PMs

[Anonymous No.19974960]

>>19974942
Shhhhhhhh. Let these faggots networth devalue. Just a better leveraged financial position for us.

[Anonymous No.19975001]

>>19974773
$3500

[Anonymous No.19975022]

>>19974773
Gold is going to zero

[Anonymous No.19975039]

>>19974942
Using this logic, a bar of gold is worth 30% less today than it was 8 years ago...

[Anonymous No.19975102]

>>19975039
Gold spiked from the 2008 money printing where it was around $1000 to $1700, then dipped for a few years before stabilizing back again to $1700 BEFORE COVID.

Do you understand why your retarded for not buying Gold while it's still bellow $2000+?

[Anonymous No.19975159]

>>19975001
What are those shiny rainbow ones? I want one.

[Anonymous No.19975168]

>>19974773
2000/zip
4.5 zips
2 eagles
1 leaf reptilian
2 half eagles
2 quarter eagles

[Anonymous No.19975181]

>$7000/tOZ EOY
>Only 0.7oz

[Anonymous No.19975187]

>>19974773
how does he stay so handsome?

[Anonymous No.19975237]

>>19975001

[Anonymous No.19975454]

>>19975159
he doesnt know because its not his photo

They are called Kinebars
https://www.goldbarren.de/kinebar/

[Anonymous No.19975479]

>>19974857
the difference is the peak ~10 years ago happened at the end cycle of a relatively smaller recession, while the current increase is happening only at the foot/entrance of a new major recession/depression.

It has not even begun.

[Anonymous No.19976187]

>>19975001
another one just blindly trusting whoever you bought it from to send you the amount they claim they've sent you

[Anonymous No.19976207]

>>19974773
50 shares of GLD, 100 shares of AGQ, and 5000 shares of LRTNF

[Anonymous No.19976234]

>>19975479
story of your image? i binged it and the two chicks were kidnapped in 2014, basically all i could figure out

[Anonymous No.19976286]

>>19976234
don't know just saved it

[Anonymous No.19976300]

>>19974819
Imagine believing boomers even have precious metals. They avoid them like the plaque unless they're exposed to them through ETF scams. Do you even talk to anyone more than 10 years older than you on a regular basis about money? The only thing boomers have of any value are their homes, which is why they try to sell them for 9 years but refuse to drop the price.

[Anonymous No.19976322]

>>19976286
you just save stuff that doesn't make sense? you assumed they voted in sharia law or what?

[Anonymous No.19976344]

>>19976187
You realize that letting fakes into your circulation as a business is literal suicide don't you? Oh wait, of course you don't. You're a NEET trading scamcoins on /biz/. Why would you have any idea about how real things worked?

[Anonymous No.19976377]

>>19976322
no I roughly got the idea. They were anti assad protesters hoping for democracy and they just got ISIS taking over instead. Saved for the irony.

[Anonymous No.19976378]

>>19976234
Modern women are kike ideological scum
More news at 11

[Anonymous No.19976395]

Gold is cheap as fuck considering the amount of QE and monetary intervention happening at a worldwide scale. Miners are even cheaper compared to their 2011 valuations, whereas gold price is near the ATH level. I gave you guys the stock picks, I hope some of you at least listened. I've made thousands these few weeks just sitting on these cheap ass stocks.

[Anonymous No.19976415]

>>19976344
lmfao, you're naïve. there was a story recently about a bank trying to scam another bank using those official gold channels or whatever they are called.

these huge companies could easily skim at minimum 10% off the top, riding on their reputation knowing that morons won't actually check the gold they receive, and the good people that actually do check will be crushed by lawyers or lack of evidence

>>19976377
ok but then you did know the story so why post that you don't know. all the news articles just call the girls "volunteers", no mention that they were protesting anything

[Anonymous No.19976433]

>>19976395
Would you say these are mid tier gold miners? I've doing research on a few possible minors whose names have been floating around.

[Anonymous No.19976475]

>>19976415
>ok but then you did know the story
I didn't know anything specific about these girls. I just made the story from deduction/guesswork alone looking at the 2 photos. I am guessing.

[Anonymous No.19976503]

>>19974773
2.5 koz stacked. price eoy : 2.2k

[Anonymous No.19976507]

>>19976395
that guy was posting in a tanker thread. I hope his gold bags outweighed his tankers

[Anonymous No.19976512]

Gold is going to exactly zero; it’s a greater fool vehicle (not always a bad thing) but without convenience of btc.

Look up Paul Tudor johns etc

In that sense after gold believers die out it will be replaced by btc/eth or rare shiffs

[Anonymous No.19976519]

>>19976433
So far Euro Sun Mining, McEwen Mining, Great Panther Mining and Avino Silver and Gold mining are my potential prospects.

[Anonymous No.19976571]

>>19976415
These bars flow through dealers who test their shit before it goes out. There are guys whose literal and only job is to test every piece of bullion that flows through these major dealers to ensure purity. If they found a mint sealed PAMP that tested fake, it would be over for that mint. They're not random retail normies raising a stink, they're hundred-million-dollar businesses that buy straight from the mints and they would have the clout to sue and to ruin that mint's reputation.

[Anonymous No.19976616]

>>19976395
>>19976433
>>19976519
Would making individual miner picks really be any more profitable than just buying the junior indices? I feel like going into the weeds with individual mining stocks is the same fallacy as trying to pick individual stocks to beat S&P index. Unless you're an insider you're just as likely to guess wrong as right, even if you've done all the due diligence you can. Open to having my mind changed though.

[Anonymous No.19976647]

>>19976187
also you can buy a little machine that can verify gold and silver content without having to opening any packaging you literal poor brainlet faggot.

[Anonymous No.19976652]

>>19976475
ok so then you didn't know the story after all and you just save stuff that are misleading

>>19976571
no-one more honest in the world than a gold-handling middleman, rofl

[Anonymous No.19976658]

>>19976512
Gold is not going "to zero" you fucking moron. lmao

[Anonymous No.19976662]

>>19974955
They’re called goldbacks, retard. The 1 goldback note @ 1/1000 of an oz wasn’t even technologically possible until a year ago.

[Anonymous No.19976690]

>>19976616
Junior Minors gotta go up for Junior Indices to go up. In a Gold and Silver bullmarket, even terrible mismanaged companies are going to skyrocket (even if temporarily). The risk for profit is correlated.

[Anonymous No.19976700]

$2864
8 gold, 170 silver

[Anonymous No.19976724]

>>19975187
>>19975187
Squats and dumbbells

[Anonymous No.19976749]

>>19976616
Successful mines are run by a serially successful group of people in the mining sector who know each other. You can have a garbage mine but it can be run by a legend who can turn the company around (Mcewen). You can have a fantastic mine but it goes to 0 because of a shitty management team. The sector is about knowing the people behind the mines. Sure you can play the ETFs, but if you know who're most likely to be successful, you'll supercharge your gains. All the best investors in the sector release free content and with enough viewing you can stitch together the best teams, the best geologies, and the best companies. It's what I've done, and I'm way outperformed the GDXJ since I don't have to be dragged down by the mediocre companies.

[Anonymous No.19976758]

It's all about Value Income prospects. Gold stores value because of rare characteristics. Speaking of which a blockchain ecosystem VID.camera went a step ahead and created value by their Value Income oriented platform for businesses and end users.

[Anonymous No.19976770]

>>19976647
let me guess, it's sold by the same guys that ship the gold

[Anonymous No.19976841]

>>19976647
What's the machine called, dickhead

[Anonymous No.19976860]

>>19976616
IMO there's no point buying individual mining stocks (esp. the juniors) right now. We're all betting on gold right now. If gold goes up, all of them go up together. So by buying the index, you're getting those gains without the risk of investing a significant amount in an company that goes bankrupt. However, if you have inside info on a specific company, that's different, and please post it here ;)

[Anonymous No.19976875]

>>19974773
$2,000 per gram.

[Anonymous No.19976881]

>>19976749
Care to share?

[Anonymous No.19976904]

>>19976652
No anyone with at least 12 year old deductive abilities can make my same conclusions.

Sorry I ruined your day.

[Anonymous No.19976933]

>>19976904
gullible fool, i of course made roughly the same assumption but the difference is i wanted to know if it's true. i didn't just save it blindly, allowing me to be manipulated by whoever put together that image.

[Anonymous No.19976939]

>>19976881

[Anonymous No.19976950]

>>19976933
why are you so angry? You ruined the whole tone of this thread.

[Anonymous No.19976980]

GOLD holds value because of its Value Preservative prospect. But the VID.camera ecosystem from crypto set a good example of how truly sustainable and adoption ready ecosystems can be. Their Value Income prospects for digital campaign decentralized platform truly stands out.

[Anonymous No.19977011]

>>19976950
turns out it was two italian women who were kidnapped and forced to wear those clothes during ransom demands. then they were released and went back to normal.

meanwhile you're over there in your part of reality, saving images that are not true, defending that you save images with made up stories that you spread as fact. when called out you say that I don't have deductive abilities. and now you have the gall to say I ruined the thread. well you ruined the whole board, fuck you.

[Anonymous No.19977031]

>>19974773
$1800
18oz

[Anonymous No.19977085]

>>19976658
Cope.
It’s a useless POS (piece of shit), again greater fool vehicle, reinforced only by boomers which will soon hit the casket

[Anonymous No.19977099]

>>19977011
At least I was open and honest about it from the start. I said I am not sure about the origin and I only made conclusions from deduction/guesswork. I did not claim it as fact and the first reply was literally "don't know just saved it." If your information is correct (too lazy to check thanks for your service/autism) I will delete the image and not post it anymore. It's not that hard lol.

You're welcome you're being angry at a pretty decent person that is able to be honest with himself and others. Hope you calm down and have a better day because you seem to be in a tough spot emotionally.

[Yukon Cornelius No.19977105]

>>19976662
Love 'em.

[Anonymous No.19977137]

>>19977105
The concept of double work (the mining of the gold plus the tough work of a brand new tech that puts tiny amounts of gold into a beautiful note) absolutely fascinates me.

[Anonymous No.19977171]

>>19977011
also don't bother replying because I'm done with this thread

[Yukon Cornelius No.19977184]

>>19977137
No doubt the premiums on these are retarded but you're dealing with such small amounts of money anyway - that's kind of the point of the Goldback in the first place.

The way i see it, pre-33 gold seal notes sometimes sell for hundreds depending on serial numbers and condition. These have actual gold in them and the Secret Service aint going to let this continue for long. I'm confident the collector value is going to be retarded in as little as 10 years.

[Anonymous No.19977189]

>>19977099
you could have left it as "don't know just saved it" and accepted the fact that you just save images without knowing what they are about. instead you say that they were "anti assad protesters hoping for democracy and they just got ISIS taking over instead", which you state as if it was a fact. no, saying "I roughly got the idea" does not make it appear like your second sentence is not presented as fact.

an actual "pretty decent person that is able to be honest with himself" should just realize that "maybe anon is right and i should delete this misleading image from my hard disk".

[Anonymous No.19977198]

$1900, but $2500 in 2020

[Anonymous No.19977201]

>>19977171
sorry buddy, i just replied. if you don't reply back i'll just assume you learned a lesson and walked away in shame.

[Anonymous No.19977454]

>>19976841
https://www.sigmametalytics.com/

[Anonymous No.19977684]

>>19977454
doesn't look like it tests through the package, watched a review on youtube and it gives incorrect reading unless you have a 100% flat surface against it.

doubt it "verifies" anything 2 atoms below the surface. no, you gotta smelt it down to be able to verify it properly. otherwise it's blind trust.

[Anonymous No.19977740]

can't even find a proper review of sigmametalytics where they actually smelt down the gold after testing and verify it properly, how am i supposed to know sigmametalytics isn't just outputting a random value? lmfao, every reviewer uses fancy looking gold as reference that they have no idea whether it is real or not.

[Anonymous No.19977780]

>>19974773

the big variables between now and the end of the year are the presidental election, virus landscape, and how much more stimulus gets passed. i tend to think dems will hold the presidency/senate/house, the virus will still persist with no highly efffective forms of treatment, and we'll see additional stimulus. if all those things happen, i'm expecting gold to be north of 2200.

currently have 97K in miners. agnico, newmont, yamana, barrick, kirkland, newcrest.

[Anonymous No.19977847]

>>19977085
Nigger Gold is one of the most Lindy investments around. It’s been valuable for millennia. Its not going to zero

[Anonymous No.19978923]

>>19976344
Royal bank of canada was unwittingly selling fake gold for a while you fucking retard. It happens all the time. There's no telling how many plebs like you own fake gold

[Anonymous No.19979076]

>>19974955
One mercury dime = one blowjob from a fwtdhwaqud, are you new or something?

[Anonymous No.19979500]

gold is completely redundant and not a usable currency. id like to see anyone of you go into a show and attempt to buy anything with any amount of gold

meanwhile you have literal digital gold which is more than capable of buying anything (even more than what money can buy) and have been established as a form of payment for literately anything.

[Anonymous No.19979554]

>>19974886
Gold is quite dense 19.3 g/cm3
Even if they put a block of iron in gold paint it would be about 1/3 its density. You just need a scale to calculate it.

[Anonymous No.19979570]

>>19974773
$2500

[Anonymous No.19979604]

>>19979554
Oh and a ruler, ideally that has cm so you dont have to do any more math.

[Anonymous No.19979627]

>>19979500
>digital gold
Your ones and zeros are infinitely replaceable with infinite combinations of other ones and zeros, not to mention they're useless when new programs can just be written. Can people create new elements out of thin air? Crypto is artificial scarcity for scarcitys sake.

[Anonymous No.19979699]

>>19979627
This

[Anonymous No.19979741]

>>19979627
>>19979627
>Crypto is artificial scarcity for scarcitys sake.
isnt that what gold follows, the idea that gold is a finite resource? except theres billions of tons of gold floating around in space and asteroid farming is a couple decades away.

bitcoin is a thing because they basically reward users for opting their processing power to form AI and facial reconition. or anything they choose to be creating through giving out bitcoins in exchange for millions of computers worth of computing power. you selling your gold would go straight into producing more graphics cards and cpus to mine more crypto. if it isnt completely lost in any situation where it would actually become viable

[Anonymous No.19979762]

>>19979741
>asteroid farming is a couple decades away.
How retarded are you?

[Anonymous No.19979811]

>>19974773
That meme pretends inflation doesnt exist.

[Anonymous No.19979820]

>>19979741
>Muh gold in space
Hypothetical post scarcity society doesn't do anything for us right here right now. Barring another dark age(which looks more and more likely) space mining is expensive and outside our life spans, while one just needs to open the catalogue to see crypto ideas are not scarce.

[Anonymous No.19979842]

>>19979554
>>19979604
If you take those to sell them, they will remove the plastic. You cannot weigh them unless they are cut out of the plastic. Those verification numbers, theyre worthless. They will tell you its been faked if you actually try to sell it.

[Anonymous No.19979919]

>>19979762
>How retarded are you?
retarded enough to know that there will be outer space gold mining within the foreseeable future which isnt far from accurate

>>19979820
>Hypothetical post scarcity society doesn't do anything for us right here right now
>right now

[Anonymous No.19979938]

>>19974773
lol... in 2012 he said ''buy gold buy gold''
gold it's at the same level as 2012

[Anonymous No.19979964]

>>19979938
And what was it in 2008?

[Anonymous No.19980017]

>>19979554
so you make the gold hollow and put tungsten inside.
now what?

https://www.rwmmint.com/products/tungsten

[Anonymous No.19980162]

>>19975187
goyim foreskin

[Anonymous No.19980331]

>>19977085
>zoomers scammed by pajeetcoins unironically believe this
ngmi, you are clueless about history. Humans have killed, tortured and enslaved countless other humans, probably in the billions range, for 6000 years to get their hands on some gold. And you believe your 10yo digital ponzi scam nothingless, repicable adnauseam, carrying 0 value, requiring zero work to create, and constantly upgraded will stand the test of times? Jesus Christ... WAKE THE FUCK UP RETARD

[Anonymous No.19980370]

>>19979741

[Anonymous No.19980485]

>>19979741

that's fine, if it's economically feasible to launch heavy duty mining equipment into fucking deep space, drill into material, sort/refine tons of material, and launch it back to earth, gold must be astronomically higher than it is today.

[Anonymous No.19980574]

>>19980017
>https://www.rwmmint.com/products/tungsten

tungsten is still measurably less dense than gold, so for the weight to be right, it will have to be larger than a real coin/bar. tungsten also has different magnetic and electrical resistance properties from gold. yes, a well made fake may be difficult for the average person to distinguish, but it's not like a cashier is going to be handling gold coins and needing to spot fakes.

[Anonymous No.19981242]

>>19980574
>measurably less dense than gold
not according to the fact checking i did before i made that post
https://www.engineeringtoolbox.com/metal-alloys-densities-d_50.html

[Anonymous No.19981541]

>>19975001
I just find collections like this and PM collectors in general to be incredibly pathetic. You probably think you're like pirate blackbeard plundering for treasure or like an ancient dragon protecting his stash of gold from some conquered lands. In reality you're just some neckbeard posting on an anime forum about shiny metal you like to waste your paychecks on and then never touch again except to take photos for some online autists to argue about. Enjoy the year 2040 when your gay shit crashes to zero because some rich cunt decides to mine an asteroid and 1000x's the worlds supply of PM. Retards.

[Anonymous No.19981675]

>>19977684
>doesn't look like
>doubt it
Stop being a know nothing hyper-contrarian nigger. Instead of guessing that it is literally impossible to non destructive sample testing, maybe you should see how they do this stuff in real life.

Sigma testers used in real operations are good up to 6.5cm deep. They use a pair of electrodes to measure the resistivity through the bar thickness. This tells you the resistivity of the bar (which can tell you if it has the proper resistivity of the target metal), and also detects differential resistivities across the sample thickness, which would be a sign of a different material sandwiched into the metal (and throw off the raw resistivity of the sample)

And no shit you cant get a good reading through the plastic package dude, its based on minute differences electrical conductivity. You may as well be mad that you can't call a mint, hold your gold to the phone, and get an assay done psychically.

>>19981242
I get that you've never even seen a balance better than the bathroom scale you broke, but 1.4% density differentials are massive in terms of analytical work.

And what the fuck do think melting your bar down would prove if it was only slightly adulterated anyway? Are you just going to eyeball your cooled puddle of gold and know that its 24k versus 22k? Resistivity testing is 2nd only to EDX-SEM work for good reason.

Fucking retards on this board.

[Anonymous No.19981826]

>>19981242

everywhere i look online says tungsten is less dense, and this has been my longtime assumption based on lots of expert commentary on pm fakes.

there's no way to make a gold coated tungsten coin that will pass a combination of tests.

[Anonymous No.19982179]

>>19974773
uhhh somewhere betwween 0 and 2500. gay retard schiff will never acknowledge reality

[Anonymous No.19982276]

>>19981826
>there's no way to make a gold coated tungsten coin that will pass a combination of tests.
nobody here is capable of doing those tests

nor are the sorts of people they plan on selling to. So it's worthless for trade and possible just worthless in reality.

[Anonymous No.19982381]

Arable land with access to potable water is the ultimate hedge against everything.
Gold is just one of the expansion packs of the boomer collectible trading rock game.

[Anonymous No.19982425]

>>19982381
You know u can use gold to purchase that land right

[Anonymous No.19982462]

>>19982425
Just get the land now. Gold boomertarians want to LARP about the end of days but enjoy their creature comforts too much to actually commit to it.
It is pure virtue signalling.

[Anonymous No.19982695]

>>19981541
ok retard we'll find out whose investments are more pathetic monday

[Anonymous No.19982704]

>>19982381
Nice try, Kulak. We're coming for you and your land.

[Anonymous No.19982711]

>>19974773
>Post your gold price prediction for the end of 2020.
600,000 boliva... i mean US dollars
>Bonus: Post how much oz gold you have stacked.
0 troy ounces of course

[Anonymous No.19982721]

I'm trying to stack a few ounces of gold and a good bit of silver just for the worst case financial scenario. I don't know exactly what kind of (((tricks))) are being pulled right now, but it isn't sustainable.

[Anonymous No.19982958]

$1500

[Anonymous No.19983003]

>>19982276
Stop being a nigger and read the thread.

It literally costs 300 dollars to get a consumer grade resistivity analyzer with a built in scale. And it only costs $1500 to get the really nice tricked out version that dealers use on everything coming in to their supplies. If the weight and size are correct the only way to counterfeit is through substituting a metal with similar density, which is what these analyzers are built to detect. Fuck, if you really just cared about the gold melt value you could just drill a hole through the coin and check for a non-gold core that way, so long as you saved the turnings

What fucking coin shop is doing so poorly they can't afford a basic tool of the trade in your world? It's like you think some restaurants don't have light bulbs because they cost money, despite not having interior lighting being a pretty glaring problem.

[Anonymous No.19983668]

>>19981675
kek, no you have to melt it. otherwise you won't know for sure.

[Anonymous No.19983706]

>>19981826
>everywhere i look online says tungsten is less dense
did you look at the link i gave, which is online?

did you google "tungsten density" and "gold density"? for me google's quickanswer or whatever it is called just say both are 19.3 g/cm3.

but fine, let's say tungsten is a wee little bit less dense. that won't make Joe Average able to detect anything.

here's something from the gold entry on wikipedia
https://en.wikipedia.org/wiki/Gold#Characteristics

[Anonymous No.19984537]

>>19983003
>not having interior lighting being a pretty glaring problem
Hehe

[Anonymous No.19984614]

>>19974773
$1700

[Anonymous No.19984657]

>>19977684
specific speed of sound (ultrasound) tests verify the density in the entire thickness. you can't fool those. x-rays only work a few microns deep their point is determining the purity and the exact impurities that give away the mint that produced the gold which helps at identifying recasts.

[Anonymous No.19984715]

>>19976512
Gold can't literally go to zero because it's both scarce and extremely useful. Same with silver to a greater degree. You'd have to be retarded to think they have a chance of going to zero but crypto doesn't. Literally an unexpected computing/math breakthrough would make all crypto worthless. We'd need to have literal star trek replicators for gold to be worthless

[Anonymous No.19984717]

>>19983706
few knows that tungsten mixed with osmium in the right ratio got golds exact specific weight

[Anonymous No.19984754]

>>19984715
Silver is useless as monetary metal. It is not scarce, it is pretty much unintentionally mined and dumped on the market as a biproduct because nobody wants it. All of its value is tied to industry unlike gold so when the economy goes bye bye so does silver.

[Anonymous No.19984817]

>>19984717
equation is something like
(1-r)dT + (r)dO = 1dG
dT-rdT+rdO = 1dG
r(dO-dT)=1dG-dT
r=(1dG-dT)/(dO-dT)

but i got nausea so i may have fucked up elementary math

[Anonymous No.19984827]

>>19984754
https://www.sciencedirect.com/science/article/pii/S0921344913002747

Cope retard.

[Anonymous No.19984853]

>>19984827
tl;dr

[Anonymous No.19984900]

>>19974857
Looks chainlink over the course of a year

[Anonymous No.19985623]

>>19984817
weird flex but ok

[Anonymous No.19985771]

>>19985623
(19.32-19.28)/(22.59-19.28)=0.01208
so 1.2% but here is the kicker the density of tungsten varies greatly so you gonna have a lot of figures for it. it depends on the crystalline formation i think it can weight less or more than gold.

[Anonymous No.19985951]

>>19980017
Obvious fake, look at the radius on the corners. Gold plating looks different too. Once you handle the stuff you'll get some better senses as to what is real or not.

[Anonymous No.19985988]

>>19985951
yeah but quality fakes are made by hollowing out real bars and putting inserts in them then reseal them with actual gold from the drilling. you can't tell by eye or "handling" or x-ray or any conductivity test aside from sound.

[Anonymous No.19986214]

>>19985988
The amount of work that goes into that, you can make honest money instead. Unless you do that to big bars, it is too much work. That is why you see a faked 10 oz there, but the gold looks like some 14k jewelry that was melted down for a plating. If you have the tooling to make high-quality fakes other legitimate business opportunities should keep you too busy to even consider forgeries.

[Anonymous No.19986234]

>>19986214
>The amount of work that goes into that, you can make honest money instead.
it's a bit of a work but when you can make $1000 an hour there will be people that do it.

[Anonymous No.19986536]

>>19986214
lemme do a little bit calc for you:
you need a normal metal working shop or parts of it: drill with press, something to melt gold in and pour from in, pliers, fine sandpaper and polish paste and some dental tools for reproducing the natural indentations in the end.

you can probably buy the tungsten in bars of specific thickness, you can drill out a bar in say 2 minutes so you can do like 30 of them in an hour. you probably gonna get about 3 oz of excess gold from each by the end you insert the rods cut to length fill below and above with molten gold do the cleaning and reshaping of the sides. let's say 30 bars takes 3 hours maybe a workday if you are very precise.

90oz of .9999 gold is your reward for a workday. say you sell them for $144k. you can of course scale it down or up easily.

yeah i'm sure nobody will do it man too much hassle.

[Anonymous No.19986572]

>>19986536
also you can melt some jewelry mix it with your gold remains and pour them into roughly shaped bars and basically they no longer have any distinguishing signature. so you can sell them anywhere you probably gonna get a bit less than spot on them. that's possible. you also gonna have expenses so your profit for a days work will only be around $100k

[Anonymous No.19986584]

Are we experiencing the JUSTening of global economy?

[Anonymous No.19986589]

>>19974773
14 USD oh wait I thought we were talking about digital gold (EPIC CASH)

[Anonymous No.19986687]

>>19977011
can you tell me what those 2 italian women doing in a land thats ravaged with isis and revolution and extermism?
thats their own fault to be there
and yes, i am 99% sure, that they went there as a proof that muslims are peaceful
serve them right

[Anonymous No.19986740]

>>19982704
why they carry their dildos around?

[Anonymous No.19986973]

>>19974773
It really depends on how much money the fed prints when we get another threat of deflation

If they don't intervene again I could see gold dropping back below 1500 but I don't think this outcome is likely

What will probably happen is they print upwards of 10 or 20 trillion dollars more by the end of the year and push gold over 2k an ounce, before we get hyperinflation starting in 2022 which will make gold moon

I hold 33oz gold in addition to a 60k notional long on spot gold, 20 $1800 gold futures October calls, and around 80k in gold mining and streaming stocks

[Anonymous No.19987007]

>>19974773

~1950

I have about 10 oz (krugerrand & 1 panda) Buying 4 more + 1 oz bullion just to be safe by the end of year.

Anyone have another coin they'd like to recommend?

[Anonymous No.19987027]

>>19981541


I leave /tv/ and /mu/ to get away from shitty posts like this.

[Anonymous No.19987125]

>>19977184
beautiful bills, makes me imagine a government free society where this is the standard money

>Secret Service aint going to let this continue for long

why not

[Anonymous No.19987247]

>>19981541
>2040 when your gay shit crashes to zero because some rich cunt decides to mine an asteroid and 1000x's the worlds supply of PM. Retards.
a cashless pm-less poor cope.
we not gonna have that until 2100 something.

[Anonymous No.19987271]

>>19986536
Your math is a little off.

Right now you can buy a 10 oz Cast-Poured Gold Bar from APMEX.com for $18,437.90 (less tax). You won't be able to clean up a minted bar because the skill level to do it perfectly (it must be to pass an intense visual inspection) is immense. Physical dimensions of the aforementioned bar are only provided as 6.8 mm thick. That means that even if you were greedy and really trying to go as big as possible, you will probably only use a 4mm drill. You are going to drill, but how far? The Specific Gravity of Gold is 19.3. Therefore 19.3 grams occupy 1 cubic centimeter. 1 Troy ounce is 31.1 grams. So, to get the volume of 1 Troy Oz., we have 31.1/19.3 = 1.61 cubic centimeters, and for 16.1 cubic centimeters we have 10 oz, which equals 161 cubic millimeters. 161/6.8 = 23.676 square millimeters. A rectangle with a golden ratio has sides 1:1.62, so assume that the sides are 9.0368 mm and 14.6396. Disregarding the 140 degree drill point angle and the draft angle of the bar's exterior, assume drilling 4mm in two places to a depth of 12mm. The volume of a cylinder that is 4mm x 12mm is .1508 cubic centimeters. .1508 x 2 equals .3016 cubic centimeters. Therefore .3016 cc / 1.61cc gives you .1873 ounce of gold, and if we disregard the small amount required to seal your holes, this gold has a value by weight of $333.20 at the current spot price. by now you have spent an hour ordering the materials, you have ~18.5k in inventory, you spent an hour to setup and machine one bar, you will need to spend an hour melting your gold chips for pour, then another one to two hours to polish convincingly. With a standard shop rate for a small machine shop of $120 per hour you are already assuming a huge inventory cost and legal hazard, and you are actually losing money compared to if you were making legitimate aerospace components, etc. Therefore, no, just not worth it. Work an honest career and use your earnings to purchase what you want.

[Anonymous No.19987453]

>>19979741
1. Since gold is only created in the most powerful events in the universe, called Kilonovas, gold is rare wherever you are
2. Gold is probably more common on earth than it is on asteroids - the reason for this is the Theia impact which knocked most of the lighter elements off earth, leaving an unusually high composition of high density materials, like gold
3. Finding, extracting and processing gold will be extremely expensive no matter where you do it in the universe - what do you think it will cost to set up mining infrastructure on an asteroid, extract the gold and then bring it back to earth for processing? Talking about mining asteroids when we can't even go to the moon without spending 10%+ of our GDP

Bitcoin can be made by any nigger on the planet with access to the internet'
pic related

[Anonymous No.19987490]

[Anonymous No.19987504]

>>19987453

[Anonymous No.19987530]

>>19987504

[Anonymous No.19987532]

>>19974857

>Absolute brainlet post

We haven’t even begun to collapse yet

[Anonymous No.19987548]

>>19987530

[Anonymous No.19987564]

>>19981541
retarded and ngmipilled

[Anonymous No.19987570]

>>19987548

[Anonymous No.19987587]

>>19987570
Dollar is the last man standing

[Anonymous No.19987612]

Don't care
Larping as a pirate
Still buying gold matey, yarr

[Anonymous No.19987690]

>>19987271
>You won't be able to clean up a minted bar
that's a retarded statement as it has been done demonstrably in the past.

[Anonymous No.19987733]

>>19987690
You ever do a seamless pour? You are going to have a hard time with the cleanup to not leave lines and witness marks. Fuck you, thinking that you are a master craftsman with a hand drill and a dremel, you fucking loser. I bet you never even touched a tool in your life, less mowed a lawn. Get back to me when you have actually done work with metals you shitstain.

[Anonymous No.19987738]

>>19987271
>4mm in two places to a depth of 12mm
what are you smoking? no you drill from the bottom side almost all the way though you drill like 5 or 6 parallel holes and you can probably get away with 5mm holes with a good press drill. you can also mill out rectangular cavities for inserts. of course with a bit better equipment and more work done..

redo your math or not even bother, this has been done a lot so we know it works.

[Anonymous No.19987761]

>>19987733
>You are going to have a hard time with the cleanup to not leave lines and witness marks
that's the point if you looked at the sides of these bars they are all rough compared to the face quality. what you do is sand it down, polish it and then leave deliberate marks like it was poured and handled carelessly. you will not pick pieces that have a fine detailed edge.

[Anonymous No.19987782]

>>19987761
skilled artisans will finish you a bar in 5 minutes or less.

my calculation is right on point. the hard part is not forging the bars it's selling the inserted ones. that's where all your risk lies because if the buyer pulls out an ultrasound device... you are 7 kinds of fucked.

[Anonymous No.19987911]

>>19987738
>>19987761
>>19987782
You (((anons))) should start shaving the sides and clipping coins if you are so great.

[Anonymous No.19987942]

>>19987782
as you can see they could have done more. it's all about how precise equipment you have and how much you plan your operation for cost efficiency.

[Anonymous No.19987962]

>>19987911
i'm just trying to educate the dumb asses who still did not get the memo: the only sure (and also cheap and easily available) method to make sure you are not buying fake bars is specific speed of sound tests.

everything else is bollocks and can be deceived. specific weight tests are trivial any surface testing chemical or electric easily deceived it's all bollocks.

ultrasound is where it's at. x-rays give you (surface) composition which is also helpful.

[Anonymous No.19988010]

>>19987962
and the best thing about ultrasound tests? they work through mint packaging. unlike the multitude of bullshit methods like acid tests and water displacement test.

[Anonymous No.19988193]

>>19987962
>>19988010
OK, I'll look into ultrasound, thanks... any recommendations on testing equipment?

[Anonymous No.19988259]

>>19988193
are you a metal trader? because if not you shouldn't buy equipment but take it to precious metal traders and audit your shit there. find one that gives you "non invasive tests that ignore packaging" many of them test for free as an advertisement or has campaigns for testing.

https://www.kern-sohn.com/shop/en/measuring-instruments/gold-testing/TD-GOLD/
https://testyourgold.com/
something like this is the entry level stuff, there are more complex and pricey.

[Anonymous No.19989043]

>>19976939
I'm new to this. Are those the companies that you invested in? What do the bars on the chart represent? How much they can mine in a year?

[Anonymous No.19989097]

>>19988193
Goddamn, I would have been valedictorian of that school.

[Anonymous No.19989570]

[Anonymous No.19989668]

>>19980331
>Humans have ridden a horse for over 20 000 years, and you believe this scam called ((car)) Is going to change it? Big oof from me

Retard fren

[Anonymous No.19990184]

159 Gold
2795 Silver

Prediction Gold EOY: 2221

[Anonymous No.19990209]

>>19974819
This poster is right, but not boomers, but major funds will sell gold for liquidity

[Anonymous No.19990486]

>>19990209
If you bought gold for it's intended wealth preservation purpose then this is just gold doing it's job. You're selling for liquidity in a asset that preserved the value of your buying power until you needed to liquidate. Buy the dip if you guys ever get another chance. Probably not though, gold does well in second crashes during all previous recessions.

[Anonymous No.19990524]

>>19990486

https://goldsilver.com/blog/how-would-gold-perform-in-a-second-stock-market-crash/?utm_campaign=20200522_Gold_Second_Stock_Market_Crash__Jeff_Newsletter&utm_content=touchpoint_1_newsletter&utm_medium=email&utm_source=zaius

[Anonymous No.19990585]

>>19989043
That's the diversified mine portfolio of GoldMining, who've just started to moon. One of the top mining companies easily. I'm invested in a lot, including liberty gold, equinox gold, puregoldmining, goldxmining, metalla royalty, maverix royalty, etc... Many of my picks have mooned already in the short term however, I'd accumulate on dips. Otherwise if you have the stomach to ride out volatility or just buy and forget, these are great miners.

[Anonymous No.19990782]

I don't have any gold but I want a little. Is there anything wrong with getting some exchange-traded gold like BAR or something?

[Anonymous No.19991067]

Reminder to everyone in this thread that in 40 years the value of gold will go to 0 as asteroid mining will begin.

[Anonymous No.19991161]

>>19991067
Kek go back to popular mechanics retard. How fucking cope do you have to be to believe this.

[Anonymous No.19991180]

>>19991161
I mean maybe like 400 years sure... but not 40

[Anonymous No.19991372]

>>19974773
Damn what a meme. Schiff more like STIFFED

[Anonymous No.19991376]

>>19991067
>40 years
Even if your completely against PMs and your all in on shitcoins how can anyone seriously believe this?

[Anonymous No.19991530]

>>19984717
mixing heavy into less heavy makes less heavy heavier?!

[Anonymous No.19991587]

>>19974773
>trying to use PMs as a way to make money
Never gonna make it.

[Anonymous No.19991647]

>>19985951
if someone is just starting out with collecting gold maybe it wouldn't be as obvious

>>19986687
i don't know why they were there and neither do you. maybe they were dragged along by their cousin who married a guy from that country. you and i are just making a bunch of assumptions.

don't get me wrong on muslims though, fuck them.

[Anonymous No.19991786]

>>19975039
An ounce of Au will always be worth an ounce of Au. Fiat (in this case the USD, and all attendant currencies) will continue to lose purchasing power as currency is printed to plug the massive holes in the market.

[Anonymous No.19991910]

>>19976658
hi petey

[Anonymous No.19992278]

$3200 with a "second wave"

[Anonymous No.19992695]

>>19991530
neat trick huh? but like i said tungsten's density varies greatly based on structure so you have to work with what you got. measure it and correct it.

[Anonymous No.19993294]

>>19977740
There are videos where they test tungsten plated gold.

[Anonymous No.19993341]

>>19979554
Scammers use materials with the same density as gold...

[Anonymous No.19993348]

>>19979811
2030
Gold: $20,000
BTC: $1

[Anonymous No.19993408]

>>19992695
The nice thing about platinum compared to gold is that it can't be spiked with Tungsten which is not as dense. Only Iridium and Osmium are denser, but they're both expensive as fuck.

[Anonymous No.19993428]

>>19984754
>nobody wants it
If you have silver that you'll sell to me for $0.00 (after all, no one wants it so it must be worth nothing), I'll cover the shipping and pay you an extra 100% of the shipping cost as a bonus.

[Anonymous No.19993448]

>>19993428
Lol

[Anonymous No.19993535]

>>19974886
>>19980017
>>19987942
This is why I only buy gold coins and then verify the acoustic frequencies.

[Anonymous No.19993580]

>>19987271
Most of the counterfeits are made in China where you can throw all costs out the door.

[Anonymous No.19993956]

Imagine being so retarded you think flying to space and building and setting up space mining equipment as well as flying said equipment to space is free and the asteroid is made of pure gold.

[Anonymous No.19993968]

>>19977189
dude chill
this is 4chan, not Facebook.
there are "fake news" images everywhere on here. You (and everyone else) should take everything posted on here with a grain of salt.

[Anonymous No.19994181]

[Anonymous No.19994312]

>>19993535
that works also not as fool proof as an ultrasound device but with an insert the sound will be off totally. can't do in a packaging tho.

[Anonymous No.19994341]

>>19993408
not nearly as expensive as gold or platinum tho. i looked it up.

[Anonymous No.19994366]

>>19993535
you would be able to verify the autistic frequencies, wouldn't you

[Anonymous No.19994419]

>>19994341
hmm they got real expensive lately interesting.
used to be around $400 for osmium and you only needed a tiny amount compared to tungsten for gold substitute.

[Anonymous No.19994437]

>>19994366

[Anonymous No.19994511]

>>19993408
i have to admit the cost effective counterfeiting of platinum is problematic if you skip radioactive elements...

[Anonymous No.19994529]

>>19994312
>>19994366
I've worked on this for a while, the method is foolproof and it can even show alternate frequencies for common counterfeit metals like tungsten. I'm working on getting this turned into a website since I've worked out all the geometric, chemical, and transcendental equations needed.

[Anonymous No.19994617]

>>19994529
as far as i know the face geometry and specifics of hammering completely alters the sound no two 1oz gold coin sounds the same to the human eye.

[Anonymous No.19994632]

Is this pmg?

[Anonymous No.19994633]

>>19994617
*human ear... lol so basically gold eagles and maples will sound different. there is also the problem of getting consistent pings.

[Anonymous No.19994635]

>>19994437
nice

>>19994529
huh, how about that

[Anonymous No.19994683]

>>19994529
>I'm working on getting this turned into a website
an android app would be more useful btw. but i think some already tried that. not sure about the track record.

[Anonymous No.19994686]

>>19994617
>>19994633
If two gold coins have the same geometry and composition, their frequencies will be within 1 to 2% of each other. And you're not using your ear, you use an acoustic spectrograph like this one.
https://play.google.com/store/apps/details?id=org.intoorbit.spectrum&hl=en_US

[Anonymous No.19994777]

>>19994686
yeah i was just wondering what exactly are you looking for. i now there is a specific resonance to metals (especially silver is known for it's pure tone) but it depends on factors like annealing and hardening and hammering and such.
so you really have to program all known coin samples characteristics.

i did check my silver coins by ear you can actually do that if you have a reference. not fool proof obviously. probably a musician would not be fooled tho.

[Anonymous No.19994903]

>>19994777
Yeah the source article that I learned this method from was basically seeing if you can do it by ear, which the professor determined was possible. But if you have a spectrograph, then it pretty much reduces all human error and perception. The good thing is that even though tungsten has the same density of gold, the frequencies of a coin made out of it will be wildly different, like 200% larger than a gold coin of the same geometry, so it looks super obvious on a graph. I've tested a few hundred gold and silver coins and it seems to work well. I don't know how meaningful of a contribution it would be, but it would be a free way to test coins at home without additional equipment. I looked into the app option, and there was just too many variables to account for, plus cost of development was huge. A website where people just type in their coin specs and then ping it next to a spectrograph on their phone is easier to implement.

[Anonymous No.19995405]

>>19990585
Any other recomanded picks based anon ?

[Anonymous No.19995762]

>>19979741
asteroid mining is for liquid oxygen
when will you asteroid niggers finally stop shitposting and reply regarding this?
nobody cares about some gold floating around when there's a rock full of fucking ROCKET FUEL next to you
fuck you dumb nigger

[Anonymous No.19995806]

>>19987587
>>19987570
>>19987548
>>19987530
>>19987504
>>19987490
I'm a gold bug
but...

[Anonymous No.19995823]

>>19974773
$1550

[Anonymous No.19995869]

Precious metals folks are all deluded. If even 1% of your worth is in metal you’re a fuckwit. Still smarter than shitcoins though.

[Anonymous No.19996981]

>>19984827
Can I please get a tldr spoonfeed that shit is a fucking novel

[Anonymous No.19997120]

2000
6.54 oz
am thinking of buying more since i got some spare change to throw around but am scared that it will backfire on me ...