I knew full well, all along, that gold and silver were the right play, ESPECIALLY in an economy where the dollar is being actively reked. But i didn’t act.. who knows why? Maybe I figured things would stay stupid forever and that through various machinations the real value of gold and silver would never be realized by the market? Who knows.Anyway, here I am, hat in hand, admitting I was wrong.What now? I can’t very well justify buying ANYTHING at an all-time high… and yet the prices just keep going up.What’s the play for nometalfags to become hazmetal chads? I guess a pairs trade is in order, like maybe short a gold mining company and buy gold, but open to ideas.Let this thread be the discussion of the wisest way to get INTO metals, now, assuming you don’t already have any
>>61046130Today’s ATH is the futures bottom, always keep that in mind. PMs generally don’t fall down in value. Maybe temporarily but not long term.
>>61046145I suppose Do you take physical delivery, or just close out your contracts? Or do u trade etfs
>>61046130>What’s the play for nometalfags to become hazmetal chads?You take a good look at yourself in the mirror. You tell yourself what you know you have to do. You gain access to your parents bank account, or your wifes if necessary. You drain every last dollar that they have in their name. You go to your local coinshop with as much cash as you can carry in a duffel bag and you purchase as many fucking American Gold Eagles as your ass can afford with the stolen funds. You tell know one. Then you find a pvc pipe and fill it with the coins and put it in the ground. This is for the good of your family. The short term pain will be worth the sacrifice.
>>61046130You might think this is a shitpost but if you like blowjobs allocate at least 20% of whatever you buy into Merc dimes.
no one gives a fuck about your blog post, fed
>>61046145Explain
>>61046130Silver and gold are going to be raising for 3 years. This is early. Meanwhile even if you nuked the Whitehouse and the retards in it, that would just raise the price of gold too. You just win in this environment
>>61046130gold failed, bitcoin will succeed
>>61046130You need give us some info. If you were to buy PM’s right now. With whatever amount you are willing to allocate. How much would that be roughly?
>>61046130I will tell you this. In 2011 I was full on board with Peter Schiff. I started buying silver at $45 or whatever. That felt EXPENSIVE. Now? $50 unironically feels cheap probably because this feels like the end. Back in 2011 things were kinda bad but not really. The only real end of the world types were strictly in prepper communities. If you started doomer talking to normies you got hand waved. But now if you started doomer talking with an NPC at the bar they will agree with you. Coin shops I’ve been to when I buy there’s always someone selling a considerable stack and they are depressed. When people were selling at all time highs back in 2011 they were getting their money excitedly to go have fun or do whatever. Now people are selling to survive. My advice to you would get a stack of at least 100 ounces of silver and 3 ounces of gold if you can manage it
>>61046205I like how the solution to the problem at this point is the literal destruction of government like that's where we're at. Man gold and silver are CHEAP right now. Absolutle worthless compared to where we're going. You hear that OP?! >>61046130You guys have been playing with LITERAL monopoly money from the 1800's and you STILL can't figure it out.
>>61046239>NPC at the bar they will agree with youVery true. Now if you start doomer talking to people they literally go "i know trying not to think about it" like it's on everybody's mind.
>>61046240Yeah. I hear you alright.
>>61046246Yes, they might not talk to you but they’ll acknowledge it and try to change the subject. In 2011 you were laughed at
>>61046239the whole thing about this is people have been selling since silver hit 30's thinking it would dip. A lot of week hands have already dumped their stacks. This is the part of the ride that gets my testicles sucked back up into my taint. What happens when the pull back doesn't come and all weak hands have sold?
>>61046272And people also don't understand... all this digital bullshit is absolutely worthless also. The vast majority of what is ongoing online is worthless. You know one coudl argue the telegraph accomplished everything the telephone would accomplish as far as the eocnomy is concerned because frankly we don't need to all be on ''Teams meetings" for 5 hours a day pretending to be busy. The economy needs to be unleashed PHYSICALLY. nobody gives a fuck about digital property when you literally have no REAL property. Americans need to prepare to have no access to telecomunications, to have no electricity.. seriously the political situation is so bad. Bitcoin is so psychotic man. I bet you, the divine comedy of it all is that it continues to act like gold, it continues to go up... and it goes so far as to still be around when the USA just fully hyperinflates and all these people find themselves in a actual, real warzone... with Bitcoin. It's actually scary! At least in 2011 people had some skills and they were rational!
>>61046316yea. One little EMP or power grid hack, and people will realize how fucking worthless their crypto coins are. Heck even their electronic tradfi bank accounts will be useless
>>61046130>Trump's house and toilets are plated in gold>Trump hires a gold bug at the Treasury>Trump decorates the Oval Office in gold He's been telling us all along. Thank you Mr. President, sir.
Stopped buying silver at $30 because it felt too expensive. I thought it'd go back down to mid $20s Just buy a few Oz and see how it feels.
I am taking my entire paycheck this thursday to my local coin shop. Going to grab a tube and a bit.Any tips on getting a good deal? Is the price the price or can you haggle? KTHXBAI
>>61046412Is local coin shop the way, or is there a place I can trust online for buying a few stacks of mercury dimes?
>>61046130The HUI is going to 2000 over the next couple of years. It's currently at 600. We're still early. If gold hit's $4000-$4200, it will probably go into an intermediate correction between now and Q1 that could see it's price touch the weekly 50 ema which will be around $3400-$3500. Have dry powder to buy the dip.
>>61046130Lots of websites offer new stacker deals at spot. Best way to get into it if you don't have a decent lcs
>>61046422First time buyers can't haggle. Gotta build a relationship first. Lcs will cost more upfront but if you become consistent it will save you money in the long run.
>>61046328Yeah or cyberwarfare, or power grid is out (doesnt have to be war, socialism does that).. I mean, imagine you send your wife to the store, we are in full blown hyperinflation, and she wants to buy a bunch of shit black market wtv, so with Bitcoin, and the transaction can't happen... for whatever reason. Okay, so hopefully it wasnt an emergency try again tomorrow... but what kind of fucking eocnomy is that lmfao. Bitcoin would make any bad war way way worse because you're broke when you shouldnt have been.
>>61046453Local coin shop implies you live in a big shithole city. Closest coin shop here is 50 miles away, or about an hour drive one way.
>>61046422The only experience I have personally with getting good deals at a local shop is to become a regular and develop a relationship with the people working there.>>61046433It really depends, from my experience the best local place is a shop that either solely or mostly deals in metals. Pawn shops and similar places that sell metals in my area are always more expensive.There are tons of reputable dealers online. APMEX has one of the biggest selections but they are usually more expensive. Personal favorites are Bullion Exchanges, Silver Gold Bull, SD Bullion, and Monument Metals. Bring cash if you decide to go local, they may charge a fee for card transaction. Mercury Dimes are also one of my favorites. Awesome way to start off.
>>61046130>I can’t very well justify buying ANYTHING at an all-time highI very well know this feel my fren, can't blame you for that. It wouldn't be of any use to try to convince you otherwise, because the mental blockade against ATH buying is encoded into cheapies enjoyers like you and I.Luckily, there are ways to find metals below spot price if you look for it hard enough. Just yesterday i secured half a kilo worth of constitutional for 45% below spot, simply because the seller didn't put his auction in the correct section and messed up the title. So i basically was alone bidding on the stuff. In flea markets you also get opportunities to slurp from clueless boomers, because they don't know how to differentiate hallmarks stamped on flatware and such. Etc.. Mankind is hoarding precious metals since the dawn of civilization, there is a lot of the stuff left out there if you know where to look for. And rn is the perfect time as the largest segment of the population owning it all is dying from all age and dementia.If you want to get into PMs for cheap, open a business to empty homes of croaked boomies, the family will pay you a hefty sum for you to keep the treasures (and ditch the crap).My one tip is : never underestimate how fucking retarded and lazy people are. Most millenials and zoomies couldn't identify a silver coin if their life depended on it, so when they inherit stuff it always ends up in pawn shops or related. Your goal is to place yourself between the retard and the pawn shop.But if you want to play the speculative/lazy road, maybe you can also try to pick another metal who isn't at ATH yet. None will get the shine from being a monetary metal, that's a privilege only gold and silver can have, and it will never change.But that also can turn to your advantage, because industrial metals aren't hoarded and often are in tight supply for the rarest ones. You could try to play the platinum:gold ratio for example.
>>61046198Back when there was silver squeezes it was temporary but this silver shortage is merely decades long industrial demand. There were also countries like China and India draining the west of its silver and they are still at critical shortages. Everything needs silver. And it will potentially have a 1:5 ratio with gold within a decade. The Silver Institute changed HISTORICAL DATA to make it appear not as bad as it really is. We are actually at a 700 ton shortage compared to their measly 200-300 ton shortage they pretend is true. We are going to see anything that uses silver skyrocket in price. Cars, homes, solar. You name it. Notice how I haven't even mentioned currency devaluation, which effects the whole world? Kek yeah when you factor that in EVERYTHING and EVERYONE except stickers is fucked. So tinfoilers like me and bankers are safe. Same as it always was l, really. Look at the bell curve for education and wealth spread. Interesting data. X20 that for silver mooning. Actually, forget mooning. Silver is going to fly past the fucking sun. And gold too
I have a question for anyone in here with a brain. How does silver react with argon gas? I’m planning on purging my tubes with the inert gas in hopes of preserving the minty finish. I don’t mind the toning, but prefer the shine. What do you think?
>>61046590most likely will do nothing, silver is among the least reactive metals, it's also true for PGM in general.
>>61046211t. Seething glownigger
>>61046130>>61046145Just keep buying precious metals.There is no other option.
Premiums have always been ass. Bought these in 2020 when silver was in the mid 20s. Still paying $31 an ounce even in large bars.
>>61046439This is my expectation as well. I have 300k+ in GDXU atm and looking to exit that soon for an expected correction. Then I go balls deep into leverage to ride the final wave of the bull market into 10k gold.
>>61046590>How does silver react with argon gas?How does a noble metal react with a noble gas? Idk man, humanity needs to invest 500 billion more dollars into AI to get closer to answering this question.
>>61046180Still won't be adequate, though it would be better than getting raped by currency counting cunts.
>>61046518Niobium.
You don't hold it you don't own it.
>>61046240No the solution is just to stack precious metal because the instability keeps growing and the only way to solve it is to do EVEN MORE unstable things which boosts the price still. You just win
>>61046130OP come join us over in /pmg/
>>61046130just buy them now. it is still going to go up well into 2026 and likely beyond. the key factor is the USD and the Fed's inability to tame inflation with it.cutting rates = more inflation (money printer go brrrr to tame it, but also causes a runaway inflation effect)raising rates = banks failthere is literally nothing they can do and this is why gold/silver will keep going up.
When I felt butthurt about not owning BTC despite having every opportunity to do so in 2010 and 2011, seeing it create multimillionaires it felt so unfair. I felt anger, irrationally at those with btc. Now apply this irrational but real feeling to those without precious metals and the consequence is not lack of crypto but missed meals and foreclosure. I hope you silverchads are stocked up on necessities and friends. Internet's favorite survivor Selko says the most important thing you can have is as many people on your side.
>>61046130I knew it 3 years ago and did nothing, 2 years ago only finally started on buying junk and jewelry people failed to identify. Then only real bullion this year. I will keep scouting for deals, keep stacking and adding to my stack, maybe trade my old junk for bouillon. Because I suspect this is still early. Unless I sense peace and stability in the world... I am stacking.
>>61046130>Gold does a 2x over 5 years>BTC does multiples of that over same period>biz broooss we missed outRocktards are stupid. I bought metals in 2020-2021, I coulda just all inned my crypto and done better.
>>61048160>If I had a time machine I could have predicted the manipulation.Neat.
>>61046130>What now?Buy gold mining stocksThey're so undervalued right now and are only pricing in $2k gold
Why don't people realize the mining stocks do 10x what gold will do?
>>61048364>>61048375Got any recommendations?
>>61048356What are you even talking about? This board actively pushed crypto over metals and that objectively did multiples better over the same timeframe. Metals do a fractions of the same gains and monkeys fly out of the woodworks to shame this board.
>>61048385SnowlineFreeman goldBocana resources/cmmg/ on /bant/ and /biz/ regularly talks about these stocks
>>61048385If you're in the u.s., domestic companies have simple taxes...newmont, hecla, etc.The thing to watch out for are pfics, which tend to be foreign royalty companies.
>>61046130>What now? I can’t very well justify buying ANYTHING at an all-time high… and yet the prices just keep going up.You can if you need it, irrespective of the price.Much like a house (physical asset at near ATH with no signs of dipping), you should buy PMs if you need them. I needed them because I'm a lazy retard who has zero interest in trading line charts all day but still wants to make money. I needed a house because I needed a bigger place.
>>61046211Show us on the chart where gold failed
