I really need more pictures, edition.>Why precious metals?https://youtu.be/i3S4rl6ehiI https://youtu.be/gksenA5Al_A https://youtu.be/FI7NnOg2rxo >Huge deficits in minerals such as silver by 2050 inevitablehttps://youtu.be/iibsrDXdEos >Bullion dealershttps://libertycoin.com/ (US)https://www.chards.co.uk/ (EU/UK)https://www.silburycoins.co.uk/ (Ancient)https://www.luciteria.com/ (Other rare metals)https://www.ma-shops.com/ (Numismatics)https://www.goldeneaglecoin.com/ (US)https://stoutgold.co/ (US)https://www.aydincoins.com/ (US)https://prospectorsgoldandgems.com/ (US)more at:https://pastebin.com/gZfZHtNE>Numismatic searchhttps://en.numista.com/cataloguehttps://www.ngccoin.com/price-guide/world>News and graphshttps://numismag.com/en/home-enhttps://silverseek.comhttps://www.silverdoctors.comhttps://www.mining.comhttps://silverbacksnakes.io/finance/silverhttps://www.gold.org/goldhub/data/gold-reserves-by-countryhttps://wtfhappenedin1971.com>Comparehttps://findbullionprices.com (US)https://eu.compare.pm (EU)https://www.gold.de/aufgeldtabelle (DE/EU)>Resourceshttps://www.jmbullion.com/ultimate-guide-to-90-silver-coinshttps://kevinsworkbench.com/junksilverguidehttps://www.coinflation.comhttp://coinapps.comhttps://erikasgrig.com/calculators/rpi-calculator-inflationhttps://learn.apmex.com/buying-guide/buying-in-the-usahttps://pastebin.com/5aLmWUUK>Prospectinghttps://youtu.be/ZCL6FKQZyoM https://www.usgs.gov/programs/mineral-resources-program/sciencehttps://www.mndm.gov.on.ca/en/news/mines-and-mineralshttps://www.amazon.ca/Gold-Creeks-Ghostowns-British-Columbia/dp/088839988X>Nitric acid, magnets, and ping testhttps://youtu.be/3mg9YcAShTo https://youtu.be/NgSXg-WOEVY https://youtu.be/2ymGAyKAg-k https://www.fakebullion.com/index.php/resources/fake-bullion-databasePrevious Thread: >>61197640
Im thinking of spending around 500 Euros this month on Silver and want to know what i should get?I saw an offer for ASE for 53 Euros which is 10 Euros over spot and some Imperial 5 Mark coins which are 9 Euor over spot per pieceBoth are fun and would be nice to collect but there a bit expensiveI could also get some generic junk silver for spot?
>>61200311bitteschönhttps://www.gold.de/aufgeldtabelle/silber/
>>61200311Depends how big your stack is. Is it 300+? Then you can probably worry less about premiums for some things you want. Under 300? Go for weight and as close to spot as possible.
>>61200320around 320 OZ but most of it comes from a 5KG bar i have lying around
>>61200331>5KG barProbably bad liquidity with that size. I'd go for close to spot 1toz pieces or fractionals for a long while then.But a 5kg bar is ballsy.
boomer bar
>>61200311Or consider 1 gold Ducat or a 1/10 oz gold and 1oz silver:)
Is 25 1oz gold eagles enough to survive the currency reset in decent shape?i think it should be but i want to buy more.
Make your guesses for this week?I call a crab or down to 47
>>61200385How much silver do you own?
>>61200396none
Surprise, surprise! https://www.t-online.de/nachrichten/panorama/kriminalitaet/id_100972362/frankreich-nach-louvre-einbruch-polizei-nimmt-zwei-verdaechtige-fest-.html?utm_source=firefox-newtab-de-de Like I wrote/suspected some threads ago, the PMs robbers of the Paris Louvre must be some of those muselman invaders and it seems I was right,. FR Police just caught one in an airplane who want to go to Algeria. Another one caught in the arab townpart St. Denis or how it is called, and he is genetic from Mali. Two other are not caught yet. Europe and the new Mongolensturm. ... We await unpixelated pictures of them, please, show the faces of your future (no future) Europe. Consequences of this?, let more in, no matter whot costs/sacrifices. Race mixing/extinction has highest priority.
>>61200400Definitely get some silver.
>>61200396my is changed for some reason
>>61200405because you think it has more upside or that it will be essential or both?
>>61200412Both and more. If you have a bunch of 1toz gold, it's not good for daily transactions. That's more for buying property or other large purchases. Silver is more for daily transactions. I'd get some 1toz bullion coins and whatever circulated silver coins from your country.
>>61200311Go to "find bullion prices . Com search for whatever your interested in and find the cheapest prives
>>61200431sure, sounds good. i am in the US south
>>61200447go for buffaloes and w/e you can get as far as weight goes with low-ish premiums; constitutional and buffaloes until you hit 3-500oz, then worry about ASEs. I cannot condone buying ASEs with the ridiculous premiums on them. I just don’t want a burgeoning silver chud to be led astray
>>61200447>USMerc dimes, silver half dollars, dollars and quarters. 90% silver and durable. Would recommend.
>>61200291So when shtf, how do we prove our mercs are real? You can’t ping them. FWTDHWATDs will just trust us I guess?
>>61200459lol thx
>>61200476Melt test, magnet test.Ironically the only faked mercs were Soviet and still 90% silver. Also those are worth wayyyy more than a normal merc.
Silver and Goldhttps://m.youtube.com/watch?v=JrpLh7N67m0
>>61200385It depends what you want to do with it later...If you don't care about selling it all, using it all for retirement or want to hand it all down it's fine.Otherwise consider adding 5oz to for example have 10 base stack, 10 to sell for property someday, 10 to sell at highs to buy collect fiat profit.Then keep adding to each stack from there.1 could also be an inheritance stack etc.
I hope orders open up this week. https://www.youtube.com/watch?v=LQyGZv-DvWw
In this day and age, what’s the best way to use an iPhone to upload a pic of your stack to your pmg frens without giving away all your metadata and stuff
>>61200385>Is 25 1oz gold eagles enough to survive the currency reset in decent shape?Assume a 50:1 GSR ratio at worst. If the ratio drops, it means the buying power of PMs relative to current times goes up. You'll have enough to buy a quality land in a good community with a lot left over.During the worst of Weimar, 5 oz of silver bought a very nice 5 room apartment on one of the most fashionable streets in Berlin. 25 oz bought an entire city block of commercial property.One of the advantages of gold is the portability. 25 oz is easy to hide and transport discreetly. Not so much a couple thousand oz of silver.One of the advantages of silver is it is very cheap now, comparatively cheaper than gold because relatively little silver is taken up for investment/monetary use, compared with gold. When investment demand picks substantially, the GSR will close.
>>61200756helpful perspective
>>61200756>One of the advantages of gold is the portability. 25 oz is easy to hide and transport discreetly. Not so much a couple thousand oz of silver.if the GSR corrects to 1:1, which it will, then everyone whining about "portability" today is going to look really fucking retarded
>>61200731Is there an exif remover app for iPhones?Some say 4chan removes exif data but I don't trust that.
Reminder that IQDELET is a Bayhorse (ticker: BHS) baggie who lost over 900% and now seethes eternally in this thread,,,LMAO!
>>61200779He's a bot with someone solving the captchas for him.
>>61200485Based Rudolph enjoyer
>>612007784chan removes exif data. stop being a schizo and show us some pics
>>61200481>Ironically the only faked mercs were Soviet and still 90% silver. Also those are worth wayyyy more than a normal merc.The alloy composition was perfect. The Soviets were arbitraging the price difference of the silver with the face value of the dime. Exact the same as what stackers are doing today, but in the opposite direction.The Soviets made and obvious error on a marking, but otherwise the dime was a near perfect counterfeit.
>>61200800> The Soviets were arbitraging the price difference of the silver with the face value of the dime.How did this work exactly? What exactly did those rascals do
>>61200311I'd normally say premiums don't matter but when you're talking about 20% premiums, yeah, they start to matter.My limit is like 10% unless it's a one-off single piece, and my target is 5%
>>61200772>if the GSR corrects to 1:1, which it will, then everyone whining about "portability" today is going to look really fucking retardedThe only time in history when GSR was one to one was ancient Egypt, 3000 years ago.Through most of our history we were under 20:1, but that was before massive new world silver deposits were discovered. On the other hand, most silver ever mined has been consumed, much of it unrecoverable. Virtually all of the easy silver has long since been mined.Natures current ratio is 7 or 8 oz of silver produced for every ounce of gold.
>>61200824The GSR has never been purely a function of production ratio. Its always been a bimetallic arbitrage.
>>61200808>How did this work exactly? What exactly did those rascals doLet's say a dime had 3 cents worth of silver (in the 1930s) and once cent (in volume) cost to manufacture. Each dime cost the Soviets 4 cents to produce, but was worth 10 cents in the US market. The Soviets needed foreign exchange. The dimes were near perfect copies. No one was expecting a counterfeit dime with a perfect alloy composition. The Soviets could easily make a million US dimes which would net a profit of $600,0000. Given Roosvelt's love of the Soviets, when discovered, the story would be covered up at the time to prevent turning public opinion against a US "ally".Almost like when the USA discovered that Israel was selling top secret US military tech to the Soviets and China.
>>61200853>The GSR has never been purely a function of production ratio. Its always been a bimetallic arbitrage.I don't disagree. The silver price today is largely suppressed due to paper markets which create enormous volatility, which has the desired effect of preventing silver from being investable.Once the paper markets are broken for good, and once the current fiat regime collapses, (both a 100% certainty) silver will once again shine.We don't know what the final ratio will be. We do know that it will be much lower than it currently is. 10:1 or less is not inconceivable.We would never trade all of our silver for gold. Even if the ratio drops, significantly we will always keep a portion, primarily the small stuff like coins and rounds.
>>61200861> Given Roosvelt's love of the Soviets, when discovered, the story would be covered up at the time to prevent turning public opinion against a US "ally".Some cursory chatGPting says that they are only “believed” to have been struck by the soviets, and in unknown quantity. Surely there are some turbo autistic numismatists that have spectral analyzed these or something to try and determine true origin. This is an interesting piece of history that seems unreasonably memory holed.
>>61200331>a 5KG barPlease - a pic!
>>61200899>We don't know what the final ratio will be. We do know that it will be much lower than it currently is. 10:1 or less is not inconceivable.I agree, but I would argue that it is not the paper markets breaking that causes the remonitization of silver, but rather the forced remonitization of silver that causes the paper markets to break. Perhaps a bit Tomato-Potato but we can look at the sequence of events in silver's history and see that it was first demonetized, and then began to trade solely as a commodity.
>>61200731Most boards on 4chan remove exif. /biz/ is one of them. If you don't believe me, find a file not yours that has exif, upload it, then download and examine. Also, exif does not include personal info. The closest would be camera model and lens.
>>61200956Oh wait... some cameras/phones may embed gps coords. That would be bad if it's inside your house.
>>61200963All android phones have an optioj about whether to allow geolocation tags or not. Does applecrap not do this?
>>61201012>Does applecrap not do this?No idea. I use a camera that has no gps capability anyway.
>>61200697I enjoy how much you all enjoy these coins:)
>>61200795>yes goy, totally don't remove your exif data before posting@:^)
>>61200853>>612008241au:5ag ratio is what I really think were sitting at if we are counting wastage, lost, use for manufacturing, logistics/transportation, and current production for silver. This is also factoring in civil unrest and the competency crisis when the fake and gay u.s dollar finally dies for the first few years until they finally establish something.im just a based retard though
>>61200291>I really need more pictures, edition. >Moar. Moar. MOAR!>redit incrnate
>>61201023Cool. Was just curious.
>>61200946I believe the factor that causes the paper markets to break is the absence of physical silver availability at the paper market price.If people (industries) have to go elsewhere, and pay a higher price to get physical, the paper markets become useless and irrelevant.This is related to, but separate from the public using silver first, as an inflation hedge, and subsequently, a form of money to supplement, then eventually replace failiing fiat.Once fiat fails, in order for a new currency to become accepted for commerce, it must be stable relative to commodities. The only way of guaranteeing this is by pegging the new currency to the value of some commodity, otherwise they've just wasted their efforts if the new currency is as inflationary as the old one.See the sad story of Venezuela Bolivar:>The government announced on 7 March 2007 that the bolívar would be redenominated at a ratio of 1,000 to 1 on 1 January 2008 and renamed the bolívar fuerte, or hard bolívar in an effort to facilitate the ease of transaction and accounting.>Since the government of Hugo Chávez established strict currency controls in 2003, there have been a series of five currency devaluationshttps://en.wikipedia.org/wiki/Venezuelan_bol%C3%ADvar
>>61200291>I really need more pictures, edition.Of anything in particular?
>>61201056We do know that most of the gold ever mined in history is still in vaults, museums, etc.We do know that more than half of the silver ever mined is currently unrecoverable, at current prices.The only thing I know for certain is the current price ratio is artificially high due to price suppression of silver, primarily by inducing artificial volatility in the paper markets which has made silver essentially uninvestable, resulting in near zero investment demand.When the economic circumstances change, as they appear to be changing now, I believe the ratio will shrink much lower than it is right now, primarily due to increased use of silver for investment and money.
>>61201057>SETFany more infographics?
>>61201141
central bankers tongue my anus
>>61201141Silver crashing the FED is back Bitcoin and the $ mooning the $ is backWat means?
>>61201160>central bankers tongue my anusExpectations vs....
>>61201183>>61201160>central bankers tongue my anusReality
>>61200291Thoughts on the idea that there is not enough pms/person to be a viable currency? And as such, normies hate to think about it. They’d rather see numbers on a screen go up, than see what that pitiful amount of pm it would translate into? This was true even back then silver was ~$20/oz and it’s going to get a whole lot worse. Pms are going to be viewed by the public akin to uranium. A strategic material best owned by governments or “trusted” institutions. If gold/silver ever hit $100/$10000 per oz, I could totally see a buyback or confiscation program be enacted with zero pushback from the public.
>>61201012Used to use apple, none of my photos had location data embedded.
The purpose of silver price manipulation is to reduce investment demand by 95%. Reducing demand results in a significantly lower price, particularly for commodities whose supply is very inelastic. Doubling demand can result in a 10 fold price increase.>Let’s be clear about market manipulation.>Playing with words over and over again makes things more confusing. So:>Spoofing is a criminal act.>Selling COMEX futures to suppress the price is a legal practice.>Selling a naked short position is immoral behaviour (and therefore restricted in some countries).>Naked short-selling is quite a simple way to keep the prices of many commodities suppressed.>The underlying logic isn’t so different from suppressing employees’ wages or replacing them with outsourcing or automation — companies prioritize lower costs above all else.>Consider this: if a buyer were to engage in naked long buying, would that also count as market manipulation?https://x.com/GregorPepe/status/1982433988254765510
>>61201242It's almost like fractional reserve banking has been a thing for thousands of years. Not to say it is necessarily good, but a fractional reserve is better than fiat.
>>61201242Pms will always be part of a fractionsl reserve scheme. Its the world oldest scam.
>>61201028These may be a numismatic milestone fren! I can't think of any other 37mm 2 oz coins. These may feel better in the hand than Canadian 2 oz coins.
>>61201242>confiscation program be enacted with zero pushback from the publicLota of people wouldn't comply. And when the government makes it illegal, that'll only increase the value.
>>61201245Good to know, thanks. I've never owned an apple product and don't plan to. I know their company is just "No. Everything proprietary. You no touch."It's the main reason I hate them.
>>61200291More pics?
>>61200921here you go
>>61201273No I mean I need to take more pics of my own stuffBut thank you for posting your own
>>61201242>Thoughts on the idea that there is not enough pms/person to be a viable currency?There's more than enough if you go down to small enough increments. Using Goldback technology, silver can easily be used as money in smaller than 1/1000 troy ounce increments.>In Roman times, a denarius was worth one day's labor. According to the New Testament, a landowner agreed to pay a day's wages or a denarius to workers in a vineyard.The amount of pure silver in a Roman denarius could be calculated as follows:4.5 g × 95% = 4.275 g (in 211 BC);4.5 g × 50% = 2.25 g (during the Crisis of the Third Century);4.5 g × 5% = 0.225 g (by the reign of Gallienus).
>>61201273Gigantic pill bottle? Your collection is growing nicely
>>61201242I believe PM's will be a currency again, regardless of supply. It's really down to trust in govt's and between the everyday Joe and Jane. Make trust and honesty great again and PM's will make a roaring comeback as a current.
>>61201255>It's almost like fractional reserve banking has been a thing for thousands of years. Not to say it is necessarily good, but a fractional reserve is better than fiat.Fractional reserve is an inevitable intermediate step in between hard money and pure fiat.As soon as bankers/governments discover they can spend more than they have, they start off gradually, then eventually it's off to the races, and once there is too much fiat to ever have any hope of redemption, it's over. Just like in 1971.Money substitutes, like gold and silver certificates, are often more useful for commerce than the physical metal. They aren't durable like metal, but because they have no intrinsic value, old ones can be destroyed and replaced with new ones at a small manufacturing cost.Because the certificates "money subtitutes" are so convenient, they become increasingly used in commerce. This creates irresistable temptation for banks and governments to begin fractional reserving, printing more certificates than they have metal for, knowing that the majority of certificates will not be redeemed for metal, until people begin to doubt the solvency of the certificates, at which time the government rug pulls everyone by cancelling redemption rights.Despite it's flaws, one advantage of the Goldback is that one is using a pure specie instrument that cannot be fractional reserved. What you have is the real money, packaged in a convenient format that is convenient for use.Right now, one gram of gold is worth more than a US $100 bill, which also weighs one gram.
>>61201242I just imagine having a little stack of the global supply
>>61201293>Make trust and honesty great again and PM's will make a roaring comeback as a current.There's no trust needed with PMs. That's their ultimate strength. There is no counterparty risk.
>>61201242If all the gold ever mined was equally distributed among all 8.3 billion people on the planet each person would receive 25 grams of gold or about 0.8 troy ounces.If all the silver ever mined was equally distributed among all 8.3 billion people on the planet each person would receive 6.8 troy ounces.If all the copper ever mined was distributed equally among all 8.3 billion people on the planet, each person would receive about 84.3 kg.If all the nickel ever mined was equally distributed among all 8.3 billion people, each person would receive about 36.14 kg.Obviously, PMs and other monetary metals aren't going to be distributed equally, and essential industrial uses still exist (especially for copper). But, a country which adopts gold and silver will set itself far ahead of the rest of the world in terms of buying power. Other precious metals of greater rarity could ascend to higher concentrations of value.
>>61201352>Unlike gold,>Silver gets used up, so I can send you this message>Now we need about 1 & 1/2 times that cube per year>Running supply deficits to the tune of>–800 million oz thus far in the 2020s>Silver Prices have to scream higher IOWshttps://x.com/jameshenryand/status/1982474755794960517
Last slurp was cull eagles @ $51.66 a pop. I am stretched a bit thin on FedBucks so gonna save a bit to finish up and hit that fabled 300 oz. by Christmas. That was my goal for this year and then I'll save up for another oz. of Gold. Any other anons have a similar amount to stack?
>>61201431
>>61201273Excellent treasure
>>61201356It's not trust in metals, it's between the people themselves and their govt. Trust as in the govt won't debase the currency.
>>61201273That is so nice.
I'm having random fomo to spend more money on silver
>>61201453Most recent family pic, only missing a few things
>>61201431So you lost 10% tell us what you are buying so we can avoid
>>61201462>I'm having random fomo to spend more money on silverThat's your survival instinct poking you.
I'M FOMOING INTO SILVER (TICKER: AG)
>>61201463Hell yeah!
Why is Bitcoin mooning and silver crashing? Mr Schiff said the opposite would happen
>>61201484Smart! But at least $40,000 unless you hate silver
>>61201457>Trust as in the govt won't debase the currency.That's a bet guaranteed to lose.Gold and silver have no counterparty risk. You only have to verify their purity.
>>61201493$15-20k is a make it stackBut then again there's no such thing as overkill
How much more are Britannias with gold plating like this worth than plain silver Brits
>>61201462I could not possibly spend more (100% of disposable income now) and I still get fomo.0 dollars cash savings.
>>61201504Not much more with your fingerprints all over it tbqh
>>61201356I know an Argentinian anon online who I told to buy silver when it was 2K Argentina pesosNow 1oz is 72k pesosSouth America is fucking insaneIdk how people there bear to live I totally get why they all flood into Murrica
>>61201504>How much more are Britannias with gold plating like this worth than plain silver BritsThe gold content is insignficant, so collector/limited edition/numismatic value is the only source of the premium value.
>>61201520Oh well
>>61201516>Now 1oz is 72k pesosSilver hasn't changed. One oz is the exact same thing as 1 oz 100 years ago. It's the fiat that has gone down.
>>61201532>Silver hasn't changed.It has, or more specifically the purchasing power has. For example look at the value of silver this year priced in dollars. Silver is up 68% against the dollar this year. The dollar hasn't lost 68% of it's purchasing power in terms of real goods this year, maybe it's lost ~10% depending on the product and it's origin. This means the purchasing power of silver in terms of real goods has increased this year. One ounce of silver now buys more bread than it did last year.
>>61201502A make it stack is $2 -$6 million unless you live in India
>>61201532No silver is worth 47 times more now than in antiquity
>>61201505>Zero dollars cash savings>all in on gold and silverdangerously based
The key difference lies in the scale of the investment. When inflation rises, investments that directly track inflation – like Treasury Inflation-Protected Securities (TIPS) or inflation indexed bonds – automatically adjust their value to maintain purchasing power. This means a 3% inflation rate will result in a roughly 3% increase in the value of these investments, providing a direct hedge against rising costs. However, applying this same 3% inflation rate to a $200,000 property yields a $6,000 increase – a far smaller absolute gain compared to the investment-linked approach.Conversely, applying a 3% inflation rate to a $500,000 property results in a $15,000 increase. While the *percentage* growth may be similar to the inflation-linked investment, the absolute dollar gain is significantly larger because the investment is operating on a much larger scale. This is why inflation-linked investments often outperform the inflation rate of cheaper real estate – they're designed to benefit from the biggest potential gains when inflation is rising across the board, rather than being constrained by the smaller absolute value of lower-priced assets.
>>61200912Raises an interesting question: why don't the Chinese or Russians counterfeit a few trillion paper USD and flood them into the American marketplace? Or visa versa? My guess is that governments all have an agreement not to fuck up each other's monetary scam. .
anyone have the silver ranking chart? King of Kings, Baron, Knight, etc.
Who here bismuth maxxing?
>>61201596The element hasn't changed, just the market value.>>61201574Yes, the purchasing power of silver has increased relative to the dollar. With respect to inflation of other things, silver supply is inelastic, with production not even keeping up with demand. As compared with domestic goods, the need to keep competitive keeps prices down by reducing margin, reducing costs and reducing size/quality.Inflation isn't a linear phenomena. It effects different commodities to a different degree. I would suggest that this creates a perfect storm for silver:1. Net silver consumption/production is in deficit, and has been for years.2. Increasing silver production cannot be achieved over the short term. -Most silver is produced as a byproduct of base metal production, silver price increases do not incentivize production increases.-Pure silver mines all have decreasing outputs over time, and new mines take from 10 to 20 years to come online.3. Gold is now priced outside realistic affordability for most people in the world. Eve one gram, a tiny, impractical amount of gold is well over $100USD4. Silver is the only precious metal that can feasibly be used by the middle and working classes.5. Silver is the only precious metal that can reasonbly be expected to function as a stable store of savings for most people.6. As more people start to stack silver, because of the first three points, silver will move nonlinearly up in price, possibly by ten multiples or more in the coming years.
>>61201670
>>61201666They are doing something even smarter. They are selling legal tender depreciating fiat currency, for price suppressed gold and silver bought from America.
>>61201758lol cartoon is annotated for retards who don't know what the chinese flag looks like
I usually dont care much for this guys opinions but he found these old bank books to save quarters and dimes that are really cool -https://youtu.be/XTWreb1sTbA?si=hctOfLJSlvKXmGVV&t=753
>>61200291considering buying silver/gold, im a crypto maxi and im hesitant to buy at these all time highs, what do?
>>61201743>1 kilo32 - 33 ounce of silver is the make it stack?
>>61201768>lol cartoon is annotated for retards who don't know what the chinese flag looks likeLowest common denominator in the audience.
>>61201779Just do it bro. Turn off your brain and start stackin'
>>61201779>im a crypto maxi and im hesitant to buy at these all time highs, what do?Wait until they go up even more, then fomo after it's too late.
>>61201779
>>61201779just start dipping your feet in, hard to say if we get any more major pullbacks. Try to pay the lowest premiums and avoid shipping and sales taxes.
The most important thing I have learned about investing is to never sell. Sure, you're GOING to sell at some point, but whenever it starts dippin or pumping or whatever and you start thinking "oh shit I gotta sell!" that's exactly when you will lose money.
Did Provident stop making the prospector rounds?
>>61200291>>61201817
>>61201782>32 - 33 ounce of silver is the make it stack?Clickbait title. There is no one true "need this much to make it" number of oz.Imagine if there as a young, highly skilled doctor/surgeon. How much silver/gold would he need to make it? Anser: 0 oz. With highly desired skillset, people would be throwing gold/silver at him for his skills.How much one needs, depends on one's context. If one is old and helpless, in need of specialized medical support/drugs/treatments, one would need LOTS of gold. Tens of kilos.A young guy who is a hard worker and a good person only needs a few oz of silver, just enough to pay rent for a couple of months living expenses and a chance to prove himself a good worker.Most of us need something in between the last two examples.
>>61201276Sweeet - thanks! I'm guessing it's in a sealed bag with some anti-tarnish powder.
>>61201820Buy an ad.
>>61201248Don't be discouraged or mad. Go with it - do what the pols are doing!capitoltrades.com/politicians
>>61201796helpful, thanks>>61201792already feeling fomo
>>61201747Thanks fran. This is the one I could find via google but I saw a different one posted in a pmg thread a few days ago that I was trying to find.
>>61201852>already feeling fomoThat's your survival instinct.
>>61201856
A flea market ring I paid 2 dollars for turned out to be 4 grams of 14k gold today.
>>61201670Dark ages maybe?
>>61201875That's the one, thanks!
>>61201463Dope
How many times has SLV been rehypothecated. If I do it, I'm a criminal. If jews do it, we call them fund managers.>RECORD HIGH SLV SHORT POSITION OF 84 MILLION OZ. $4,200,000,000>UP 54.28% IN 2 WEEKS>NOW 10% OF GLOBAL #SILVER PRODUCTION.>“Off-the-charts grotesque & manipulative.”>“Bordering on outright fraud for the current SLV shareholders.”>- Ed Steerhttps://x.com/MakeGoldGreat/status/1982380438699307349Note, that the above only includes SLV shorts. Total net shorts in silver is over 950 million oz, or $47,500,000,000 dollars short.
>>61201865Congrats!
>>61201845I don't care what the spot price is. I only own physical.
>>61201829no its just a vacumm sealed plastic bag to keep it from tarnishing nothing special
>>61201917>Note, that the above only includes SLV shorts. Total net shorts in silver is over 950 million oz, or $47,500,000,000 dollars short.I have a theory that the bullion banks are so deep in silver shorts that they will do naked shorts until a force majeure gets called , and they never need to redeem those shorts.The only limit to their naked shorting is an absence of physical which forces the market to stop trading. Just before that happens, they will dump billions of shorts on the market, causing the price of silver to go relatively low, immediately before the force majeure, and a forced cash settlement.Just one last "fuck you" from the jews before they open a new silver exchange and start over from scratch.
https://www.youtube.com/shorts/i4xntcvV2EQ'this goes very soft.
>>61201779As /pmg/ likes to point out, the inherent value of gold and silver continues to grow over time regardless of the fiat number pinned on either. With that said, this year is unique in terms of the rise in the fiat price of gold and silver.Over the past 25 years, silver has a tendency to increase in September and October, decline in November, and then increase again from January to March. This is related to seasonal changes in cultural and seasonal demand. This is also just a tendency - demand has been much higher this year and demand is projected to remain high next year. I personally don't know how much seasonal changes in demand affect gold, but I do know that gold is much less affected by these changes and demand is projected to continue to grow over the next few years.So, investing in either over the next month appears to be a safe bet. Seasonal effects are probably holding silver back a bit, and historically these reverse in the first few months of the following year. Continued QE and thus continued inflation as well as continued central bank buying will continue push gold up. Silver often follows gold.I say that I'm "all in" on precious metals, but the reality is that I'm like 50% in pm's and 50% in crypto. I lean towards relatively safer crypto, with only 15% or 20% of my portfolio in volatile altcoins. (Right now my only volatile alt is aPriori.) You can safely diversify into pm's for the foreseeable future - if for some reason the global economy becomes awesome and inflation stops and political tensions resolve, then your crypto should take off and it won't matter. If things continue getting shittier and more precarious then you're safe if the crypto markets crash. Unlike crypto, gold and silver never ever risk going to zero. On a long enough timeline it's impossible to lose money. You may not make as much in the short term, but you will never lose money. Inflation and scarcity guarantee this. So that's why I rotate gains in crypto into pm's.
China is going to buck break the LBMA.>CHINA is coming for London's Precious Metals spot price making share to come>London is currently caught short an estimated>–150 million oz of industrial 1,000 oz Silver bars>LBMA chair now calls for Futures Mkt revival in London cause they don't have available bullionhttps://x.com/jameshenryand/status/1981038781886054693
>>61201961I mean yeah, but shouldn't phyiscal demand far outweigh the short sells and in turn drive the price up?
India in the process of remonetizing silver as valid collateral for credit and loans.They have silver collateral priced at a 1au : 10ag ratio.
>>61202017Crazy
>>61201934creepy ass cat
>>61201994>I mean yeah, but shouldn't phyiscal demand far outweigh the short sells and in turn drive the price up?In a real market with price discovery, yes. LBMA and COMEX are like the bank who tells customers that everything is sound, nothing to worry about, then without warning, the he flees the city and abandons the bank building that has zero money and a lot of debts.On the other hand, the Shanghai Gold Exchange (SGE) is an OTC market where the seller must deposit the metal bars at the SGE vaults BEFORE they can be sold. There is NO unallocated gold or silver at the SGE, unlike with the LBMA where "unallocated" (which means not in the LBMA vault) means gold or silver that does might not even exist, but may be aquired from somewhere, at sometime in the future.
>>61201710I bet you'd make more by making crystals, selling and then buying silver/gold
>>61201779I'd like to add that some gold and silver also has a hedge against the global economy improving - numismatic value. Some bullion coins like kookaburras and Somali elephants are priced the same or lower than other bullion coins like maples. If the economy goes south, these coins retain all their bullion value. If the economy improves, collectors have more money to spend of numismatics which adds value to these above their bullion value. Don't invest in coins with high numismatic value - coins which derive most of their value from collectors. Instead, invest in bullion coins which when released cost the same or less than other popular bullion coins but which change designs frequently or are part of a series and thus attract numismatic collectors. I personally invest mostly into regular bullion bars and coins, but when prices are particularly good I'll stack these kinds of sovereign coins. The silver content is the same, but I may get a nice numismatic bonus at a future date. You'll have to put in some research to figure out which coins to buy for this play, though.
>>61202041He's cute!
>>61201994You're talking about premiums here, spot price is determined almost entirely based on paper trading. It doesn't matter how much silver sells because dealers and buyers and sellers google "spot price" and that's what they use, for now at least.Premiums have spiked to insane levels this year so this isn't as true as it used to be, but it would take a lot for a real breakout from paper spot.
>>61202041>creepy ass catMini Llama.
Insurmountable UK Debt Mountain Feeding on the Nation's Seed Corn. Collapse Inevitable.https://youtu.be/VI37Au5H9Tw
>>61202017>>61202026>They have silver collateral priced at a 1au : 10ag ratio.That's not what the "article" is saying, like, at all...
>>61201967>This is related to seasonal changes in cultural and seasonal demand.I meant to say "...seasonal changes in cultural and industrial demand."
>>61202017That's not what it says retards, that's the cap for how much they will let you use as collateral. And they also value 10kg silver at like 3k USD.
>>61202026They did it... they redeemed...Absolutely bonkers they're allowing it at a 10:1 ratio.
I have a question for you silver selling veterans.If I have a lot of 0.999 coins that are tarnished, like eagles, phils, britannicas, kangaroos, etc with milkspots or dark brown areas will they be worth less than spot when resold to a dealer? or will they still always be worth at least the minimum value of the metal?
how do i not get tricked by my lcs?
>>61202071They lose zero bullion value.They do lose numismatic value.
>>61202074why do you think your lcs is trying to trick you?
>>61201779Short term it's a gamble. The price is retracing a bit, which if you've watched any chart is normal after a big price increase. We may go lower. $45 would be reasonable. Right now dollar funding markets are showing heavy stress. There is a demand for dollars which might drive a dollar short squeeze and could drive precious metals lower. However that stress building in dollar funding markets is extremely dangerous to stability in the financial system. I expect the Fed to step in quickly as they've done in the past. So in my opinion any dollar squeeze would be short lived. While this is happening there is a supply squeeze happening in silver. There isn't enough physical silver to meet demand.
>>61202049awesome, thanks for the info
Was just looking through an old receipt I was buying Oriental border 1 oz britannias for $17.38
Think coppers work buying at all right now?
>>61202112>$17.38
>>61200291Question: When the criminal manipulation ends, what will happen to platinum/palladium? Both materials are much less useful to the common man than silver or gold so what do you think its value will do?
>>61201985fixed
>>61202017>>61202026Posts like yours make me want to IQpost and unironically call you stacktards
>>61201804Gorgeous hoard
>>61202142Old blumf gave us cheapies...New blumf makes our stacks expensif...
>>61202071>Non-numismatic coinsDo the cleaning trick so they're sale-ready, if they're not numismatic and just 1 ounce non-key dates do the cleaning thing you see online>NumismaticsDon't clean.I'm thinking I can fondle my 1 ounce 999 as much as I want as long as I do the cleaning thing before I sell.
Probably going to be selling one of my 1 / 10 oz gold rounds to get 1 ZEC and the rest will be used to buy silver.
>>61201818I don't know, but I've recently seen some nice BU 1986 Englehard prospector rounds on the market for cheap.
>>61201967>that's why I rotate gains in crypto into pm'sI don't even bother with crypto. I just rotate into silver.
>>61202111Np, anon. Nice trips btw.
>>61202086to make more money. it's a risk
trump and xi made a deal. they are going to let it get suppressed for 3 more years
>>61202074Do not interact with (((lcs))), simple as.
>>61202221Thank God, Bloumpf can't hold onto a promise for more than 2 days.
>>61202074What's wrong? You don't know what you got?
>>61201856This one?
>>61202172very true i just miss buying 5oz of silver for 90%
>>61202221>trump and xi made a dealNo they have a "framework" for a deal
>>61202214Perhaps PMs aren't the appropriate investment for your disposition.
>>6120227090$
>>61200800Well I can’t see an errorGuess I’m a fucken dumbass
>>61201134HOLY SHIT I HAVE TO COLLECT THATProlly like a bajillion dollars per coin though U got a source?
>>61202249i'm thinking more about the risk that they could take advantage of my ignorance of condition, years, premiums, etc.
>>61201141>any more infographics?
>>61202277Remember when you could pick up a tube for less than $500?Man, I miss those days.
>>61202314>i'm annoyed that my investment has gone up in value
>>61202155Based.
>>61202310Become the boomer and don't sell for under what you think it's worth.If you're buying, don't buy for more than what you're willing to pay.If you can't come to a deal, don't force one to happen.I'm not really sure what you're worried about.
>>61202049i like how you think, anon.i'd summarize your strategy as: buy second-tier coins (but still sovereign coins, not rounds or bars) when the coin-collecting world has low hype. in the future, when the coin collecting world is more hyped, those second-tier coins will have a small numismatic premium.
>>61202326>my pet rock collection is never big enough>line go up means my pet rock collection can't grow as fast as I want>line go down means shills generate more images intended to look like memes>I get more rocks, thoughSuch is the life of a stacker.
Noob question; but should I take my silver out of the sleeves they arrive from the dealer? I'd assume they're PVC-free so it's mostly an aesthetic matter?
>>61202314>>61202367rare anon who uses air-tites
>>61202390Doesn't matter. Once I have ~20oz laying around, I'll move them into tubes for storage.
>>61202390The tubes are safe. PVC is used to soften plastic and make it bend.
>>61202026WAGMI
>>61202395The vast majority of my silver is in tubes.The ones I have in capsules are special to me. It's fun to have a few pieces to bring out now and again.
sirs why are we dumpening again??>Remember remember the 1st of November
>>61202522you like 1991. is that when you were born or something?your 1921 morgan dollar looks to be in great condition
>>61202525humiliation ritual desu, but that's like fighting a tsunami with a plastic bucket. In the long run they wont be able to contain it.I'd clearly see a $45 floor be a thing for a while before the next leg up. There are still way, way too many open shorts. And they are angry, they want to recoup their losses from the liquidations of last month.
>>61202449Not your typical Japanese bodytype.
>>61202348>Become the boomer
>>61202449>WAGMII need to hurry up if i want to reach my goal for this year : 2,500oz. I'm still 80oz away with 2 months left.The price increase really slowed down my slurping capacity this year.
>>61202619>The price increase really slowed down my slurping capacity this year.So the system is working exactly as designed? This is why, all throughout the mania and psychological attacks, I maintain that consistency is key.My promise to myself many years ago was:>1 ounce a week no matter what. Imagine if only white males in America only consistently keep that promise...There's not enough silver in all recorded history to satisfy that demand for more than 10 years. Price is the distortion of the perception of value, nothing moar than leveraging one's own mind against one's own better interests.
>>61202525>sirs why are we dumpening again??New Zeland market? They are working hand in glove with the jews at the COMEX and LBMA to try and put silver back in the box it used to be.At this point they are so deep in the shorts, it doesn't matter if they rehypothecate another billion ounces. If they are already in too deep to get out, the only thing they can do is dig deeper, or surrender.The US Government is facing the same issue: Confront the structural problems, (military budget, entitlements) and face terrible pain right now, or print more fiat and live to see another day in comfort.The bullion bank shorts at the COMEX/LBMA can confront reality and take the loss right now, (settle their short positions driving the price of silver up 3X) and go bankrupt, or keep printing paper unallocated silver and live another day in comfort. They will keep shorting until both the COMEX/LBMA have zero silver, then they (the under water bullion banks) will fold up their tents and blow away, or alternately just get bailed out by more printed money.
>Kruggerand's cheapest price is 4 dollars over spotLel, they're almost carrying as much premiums as ASE's in 2020. The good old days of 5% premium sovereigns is long gone, so sad.
>>61202614The lower they smash, the faster the drain from west to east.China wins this stupid war on silver by the bullion banks.
>>61202678are you Eric Yueng?
>There are people who actually keep their coins in little plastic circles or tubesCringe cuck plastic, imagine opening up your silver safe / bag / ammo box and instead of seeing shiny metal or a canvas bag holding junk you see plastic tubes.
>>61202525>Blocks your path
>>612025381991 was a great year.https://www.youtube.com/watch?v=o3LNmjt1CS0
>>61202668>Lel, they're almost carrying as much premiums as ASE's in 2020.Indication of local shortage/physical price uncertainty. Because of the spiking lease rates, mints like the US Mint and the Royal Canadian Mint have to pay huge premiums on the silver that they lease, (for the few weeks it takes to make and sell retail product) for which they have to charge the primary dealers an extra surcharge, which gets passed onto the retail customers/secondary dealers.The only alternative for leasing silver is to buy the physical silver and take out a short position on the futures, but because of backwardation, the futures price was $3.00 below the spot price, rendering hedging a losing exercise.TLDR; Expect ALL sovereign mints to charge higher premiums for their coins going forward until COMEX/LBMA get out of the fictional spot price business.
>>61202689>are you Eric Yueng?No, but I read his posts and take what he says about the Chinese domestic silver market seriously.
>>61202708>bypasses the block with one simple move
>>61202525sorry
>>61202708I have an idea.
>>61202718>spot goes down>premiums explode
>>61202741That spot price isn't real!
>>61202751>>61202741>That spot price isn't real!forgot image
APOLOGIZE
>>61202757remember when she did an interview about this and it was an entirely different woman?
we're being raped
>>61202766Happens often.That one nurse who got the clot shot, collapsed live and then, months later, a new chick was put in her place to say, "Lol, everything's fine, go get shots now."
I just bought the dip again
>>61202766>remember when she did an interview about this and it was an entirely different woman?That woman isn't real either?No wonder everything is falling apart. The matrix is glitching again.
>>61202805>>61202766
>>61202816see above >>61202826
>>61202804
>>61202828
>>61202840boring
Why is Korean silver/gold so damn expensive?
>>61202757This is a white woman.>>61202826This one is jewish, clear neanderthal features.
>>61202741Really reminescent of 2021>big normie mania on PMs pushing premiums>short squeezers on beyond meat getting fucked the GME way with infinite shares magically coming out of the hedgies' sleeves>forbidden buy button on robinhood>CSGO skin market crashGood. Back when WSB & /biz/ got JEWED hard by GME/AMC magical shares, a lot of them said>fuck it, (((they))) reinvent rules on the fly, how are we supposed to win in a fully rigged casino who have the backing of the ZOG?And that's when the silver squeeze idea emerged : can't invent new rules and bullshit IOUs with physical only.How many more delusioned stocks' gamblers will finally see the light and join us this time around?
>>61202859https://x.com/Tiffany_GomasI don't have a dog in this fight. I just wish she would go public and call out the silver spot price as not being real to raise attention to this issue.
Have y'all got any more of them Michael Oliver videos??
>>61202862>And that's when the silver squeeze idea emerged : can't invent new rules and bullshit IOUs with physical only.Physical drain absolutely will work, and stackers can be force multipliers to the current deficit/industrial/Chinese demand caused shortage.>How many more delusioned stocks' gamblers will finally see the light and join us this time around?If human nature holds true, we'll see the bulk of the people arrive in time for the last 20% of the price rise before the peak.
>>61202873>Michael OliverMomentum guy? Best I can do is 10 days ago.Gold to $8,000 and Silver to $200? Michael Oliver’s BOLD Predictions!https://youtu.be/KD8XJA7WgAk
>know nothing about PMs, decide you like silver after seeing few memes>"buying few coins and sitting on it you say? Fuck no that's boring!">lets leverage x100 all my savings at the picotop with long SLV last week>pic rel ensuehow come ppl like that exist?
>>61201961I literally do not understand how shorting something makes its price go down
>>61202932They're gambling
https://www.youtube.com/watch?v=qf-OLgTs0Og>>61202619>The price increase really slowed down my slurping capacity this year.And now the premiums are getting worse. They were pretty low for a while until this last price run up. I need a lot less than 80 for this year's goal, but prices now aren't the best.
>>61202062>10:1 ratio>That's not what the "article" is saying, like, at all...That's what it means.
>>61202963selling an asset creates pressure on the price unless demand is going up
>>61202963You sell it and promise to buy back later (presumably when the price is lower)So basically you sell it, someone on the other end has to buy it. The price is dictated by buy/sell spread, which actually is just jewish numbers magic but that's what it is.
>>61202963You're pushing it down by shorting. You borrow something and sell it, so you're taking the highest bidders offers and filling them, which removes those bids from the market. Then you continue selling and meet all the bids that were one cent lower, removing those as well. Thus the price of the commodity has fallen.
Scottsdale niggers better still process my order and ship me my 240 dollar 100OZ bar!
>>61203088I'd say....Nope, not happening. 20% chance maybe. I could see at-spot or something but at that price I don't think so.
>>612030881% chance of happening.They'll refund you, and offer you some sort of discount at spot for the item, or 5 - 10% below spot for the inconvenience. Every website for gold and silver has a clause in their policies for major price errors. I did this before, only to be told i was being refunded, but offered 5% below spot.
>>61203095a nigga can really hope that Scottsdale does the needful and ships thousands of dollars worth of silver for a couple hundred dollars
>>61203121if it acually happens anon i want you to shitpost everyday until silver hits 100$usd an oz
>>61203121I hope it goes through though, that would make the local jeet lose his mind.
>>61203125If Scottsdale ships a SINGLE piece of silver to me i'm going to permanently tattoo myself with their lion logo
Lel, anyone else remember way back 5 years ago when you could really shop around to fill a 1,000 order, and you'd get multiple things, like I'm pretty sure I did an order of 50 1 ounce bars at some time for my normal silver order, and I really had to struggle to pick out 1,000 bucks worth of stuff - it felt like so much.Now it's literally just one tube of anything, or 30 bucks FV of junk.
>>61203144better post pics of proofs
>>61203161When GME spiked to $80 randomly one day in May 2024, I thought three of my covered calls were 100% guaranteed to be assigned. So I spent $15,000 on silver only to have the price drop under $36 and then none of my calls were assigned. So I spent the next 6 months paying interest on a massive PM purchase lol.I know what you mean though, even small orders just over $200 felt pretty hefty when you can bag 9 or so ounces. Now you can get like 3-4?
i cant believe the bullrun is over
Every day downEvery day pain$1500 next
>>61203190Anon, we are still at generational highsEven if it crabs for the next year, its only gonna go up.They literally dumped 3x the world supply in fake paper to tamp it down to the current prices
>>61203183Yeah. The only thing that really feels hefty for 200 now is all dimes, or at least it fills one hand decently.
>>61203198>$1500 nextwat
>>61203201>They literally dumped 3x the world supply in fake paper to tamp it down to the current pricessays who?
>>61202932Impulse and greed mainly. I know a guy personally who did something similar as this guy. He’s not stupid either which may be even more surprising. >>61203201Exactly man, it’s gonna take some time. Big players love to shake out FOMO speculators before buying in again on the cheap. Question for you goys who have price watched for the past decade: do these premiums tell a different story than spot is telling? I’m seeing really fat premiums like I’ve never remembered before.
>>61203056>You borrow something and sell it"A Los Angeles Times editorial in July 2008 said that naked short selling "enables speculators to drive down a company's stock by offering an overwhelming number of shares for sale""I believe the bullion banks/wall street banks are allowed to get away with naked shorting. (the fancy term is rehypothecation)This is how Gamestop effectively had more than 100% is it's share issuance shorted. How can someone sell more than 100% of a total shares outstanding? Easy, some of the borrowed shares were sold more than once.The greater than 100% of outstanding shares being sold short was a dead giveaway that there were naked shorts intending to drive GME into being delisted, so they would never have to actually buy the shares. This was the setup for an epic shortsqueeze. >Later that year, the SEC formally banned what it called "abusive" naked short selling, although naked shorting itself remains not per se illegal under certain technical circumstances, such as bona fide market making activities.https://en.wikipedia.org/wiki/Naked_short_sellingIE, it's not illegal when big jewish institutions do it, because "fixing" the market price if silver is considered a bonafide market making activity.Picrel applies more now to silver than to gold.
>>61203190>i cant believe the bullrun is overIt hasn't really started. Wait until the AU/NZ markets close and it moves to China. Price should go up until London hours start, then they start shorting the shit out of it again. Expect a big dump at 03:00 ny time.>>61203201>They literally dumped 3x the world supply in fake paper to tamp it down to the current priceYes, more than one years entire production has been sold short and is outstanding.
>>61202990Not at all, i fear you may be overdosing on hopium and it clouds your ability to reason logically.
I’m chilling until spring next year no buying or worrying about price until then frens
>>61203249>I’m seeing really fat premiums like I’ve never remembered before.Back during silversqueeze in 2021, Miles Franklin was OFFERING $12 OVER spot for US Eagles in tubes or monster boxes. They were charging $18 over spot to customers and could sell anything they could get their hands on.Polish coinshops are buying silver sovereign coins for $62+ USD equivalent, because they were selling them for more. Demand for silver is crazy right now.
>>61203249>do these premiums tell a different story than spot is telling?>I’m seeing really fat premiums like I’ve never remembered before.Where are you located?I just bought a bunch of Silver halves for 10 cents below spot earlier today.The rise in premiums doesn't seem to have hit here yet.
>>61203190What bullrun? It didn't even start yet, what we got so far was a return to the mean. And silver still got a lot of catching to do. Bullrun wont start before $70 and we will begin to see the mania/overbought phase once we pass $300.All (((they))) managed to do with $50 silver was to grift boomers into abandoning their rocks to buy LBMA & comex a tiny bit of time. That wont last much.
>>61203279Same here, I'll have a good amount of GoyBucks saved up by the. So I'll get myself a kilo bar to hit my goal and then wait till this market quits acting schizophrenic (highly unlikely) and then DCA 1/10 oz AGEs.
>>61203281Neat thanks for sharing. Looking at a chart from that time vs now tells a different story in terms of spot price. I need to look into the 2021 silver squeeze too…
>>61203294USAIf you’re talking about 90% silver halves then the premiums are missing from them because refiners don’t want them right now because they’re overloaded. I’m seeing premiums on sovereigns like maples or silver eagles looking around ~7 dollars above spot. It’s basically impossible to buy silver below 50 dollars unless it’s junk silver
>>61203249>Question for you goys who have price watched for the past decade: do these premiums tell a different story than spot is telling?To me all it's telling is the supply chain/logistics for retail PMs is fucking tiny and incredibly easy to disrupt. The minute there is a semblance of micro fomo, the LCS/bullion dealers supply chain implode in clownesque fashion. Every time.That's when premiums comes in.Problem is we've seen nothing yet, there is no true FOMO, because once that occur PMs will become full unobtainium as Mike is predicting.That's why it's important to not only rely on conventional ways for stacking, especially for the amerimutts who only know about pop&mom LCS and APmex/SDBullion. You gotta diversify your means of slurpism to avoid this kind of shit.
>>61202990Explain for us who aren't smart. What does the 10:1 GSR they're instituting mean?
>>61203333Fine then, junk should be the bulk of your stack anyway.
>>61203314>Looking at a chart from that time vs now tells a different story in terms of spot price.The price today is largely due to China allowing her citizens to buy silver bullion. That change happened this summer. Silversqueeze in 2021 was driven by retail buyers in USA who had received their covid stimmies, while the mining/refining/production of Eagles and other retail products had been disrupted by covid retardation.
>>61203341next year, people borrowing money from banks in india will be allowed to pledge up to 10 kilograms of silver or 1 kilogram of gold as collaterali don't know how accurate that is, but that's what the text seems to claim
>>61203363>The price today is largely due to China allowing her citizens to buy silver bullion.You were proven wrong last time, so why repeat lies? Chinks never were forbidden to purchase silver bullion. Actually they are quite avid stackers and have been for years.
>>61203348Oh yeah I love “junk” silver and it’s the best thing to buy right now I bought someJfks recently
>>61203333Holy, checked, I'll also add a $10 face roll of walking libs whenever there's a sale...
>>61203341>Explain for us who aren't smart. What does the 10:1 GSR they're instituting mean?It means that you can only deposit a maximum of 1kg of gold or 10kg of silver to use as collateral for low interest bank loans. It doesn't imply that they are worth the same and that you can borrow equivalent amounts with the gold vs silver collateral. I think this is more of a space issue in the bank vaults, rather than any implied GSR.The real significance of this is that they are allowing gold and silver to be used as collateral for very low interest loans. That is a defacto form of gold and silver monetization. It also takes thousands of tonnes of gold and silver from private hiding places the government cannot steal from, to a convenient central repository where the government can steal it all in one day.
>>61203374As true as that may be, I don't understand the significance and hype behind it.
>>61203406is there hype around it? because yeah, it doesn't seem very interesting
Well bros, I don't even make a lot of money, but I can buy 100 silver quarters per month easily, and if you were to look at only first-worlders that's how much silver is mined per year per person, so 1 month = 100 people's mine production of silver, or in 1 year I slurp up 1,000 people's worth of silver (the real number is actually bigger than this, I'm just lowballing)Surely one in every 1,000 people might be like me soon? I like looking into numbers like these because you see how retardedly little silver is out there, essentially being able to buy a lifetime's worth of my allocation of said asset in one singular month.
>>61203378>You were proven wrong last time, so why repeat lies?I don't recall being proven wrong. My source on this is Eric Yeung https://x.com/kingkong9888
>>61203379Nice bro, that's the good rock right there. Over the years i noticed the new stacker always goes by 4 phases:>full newb : i want big bars like in movies!>novice : i think i prefer rounds now, it's cheap and divisible>amateur : i should go after coins for the extra liquidity, legal advantages and recognizability>experimented : gimme dem dirty junk, all of it!
>>61203363fyi the caption actually reads "50 kg silver"
i'm losing hope. I need this to moon soon.I'm ready for my life to start
>>61203406>I don't understand the significance and hype behind it.The significance is it turns silver from a shiny rock into an asset that allows very low interest loans to be borrowed against it.This effectively makes physical silver ownership a more attractive asset than art or jewelry.
>>61202665how about some one month leaps? farther out?
>>61203427It's going to crab for like 3-6 months, hope you bought most of your stack last year and can be comfy. The only thing that'll make another drastic market move at this point (since the market dgaf about ANY NEWS) is a major scale kinetic war.
>>61202665Alright where are all of these short positions recorded? How do you know they exist?
>>61203422>fyi the caption actually reads "50 kg silver"That might be referring to the total amount of silver on his table. He's got two 15kg bars and a bunch of 1kg bars on his table, so if he had 20 of the 1kg bars, the total would be 50kg.That's just a screenshot from an MP4 that I captured. I'll see if I can easily find the original video and reformat it for 4chan limits.
>>61203441I think it will go up but very slowly, nowhere near the rates from august-october, but still could reach 4,250 by decemberSay, how long until they are no longer able to continue to artificially dump gold and silver? Theyve surely wasted all of their resources, right? I feel like with the AI bubble looming, rising inflation... something got to give soon, right?
>>61203441I agree, I don’t see any juicy upside for around the same time frame. If anything we will be testing lows in my opinion >>61203419Junk or constitutional as I prefer to call it, is an acquired taste for sure. I still love me some big bars though just ordered my first 100 oz bar recently
>>61203418Things are more nuanced than that, chinks were allowed to purchase silver bullion, but it was heavily regulated and they could only acquire limited quantities at a time (10,000yuans cap), and if they wanted more there was a strict regulatory framework with much paperwork/mandatory reporting to do, so ppl didn't want to bother with all this shit (and draw attention to the anti-laundering task force).But idk how much they have loosen the regulatory cuckcage, can't find much infos on it. Knowing the CCP i doubt they went full open the gates, but maybe idk they could have upped the limit from 10Ky to 100Kyuan?AI is giving me tarded answers, idk why but lately AIs are full bozo the clown tier.
All I wanna do is wageslave for a few years, accumulate silver, then wait for the collapse, but they all refuse to hire me.
>>61203484>bozo the clown tierOh, fuck, a clownputer.
>>61203422Probably the total. No way in hell the bar he's holding weight that much. It's a 15kg bar industrial format in China. 50kg would be much thicker, and this twinky chink could never hold it like that, he would fall face first in a nanosec kek.
>>61203422Here's the full video. He's actually got 3 15kg bars and 5 singles he says is for one customer.
>>61203500It's a screenshot from this video. >>61203509He's got 3 15kg and five 1kg bars he says is for one customer.Here's another 15kg China bar video.
>>61203482Agree, there is nothing better than a big bar for fondling purposes and please the monke brain. But when you think about it logically, bars are far from the most convenient form of silver. It's like becoming adult, you really want that vanta black brand new M3 BMW, but then you think about it, all the problems, insurances, and costs associated, and you end up going for the second hand Toyota Camry like a boring dad.It's less exciting, but you know you did the right choice.
>>61203492>then wait for the collapse, but they all refuse to hire me.One doesn't wait for the collapse, one actively prepares for it as part of one's lifestyle. Have stored food and water to last at least one month. Have a thousand bucks or more in folding money handy. Have some means of defending yourself from an attacker at some distance longer than arm's length.
>>61203481Seems like they can keep kicking the can down the road, indefinitely. Kind of demotivated, I won't sell any of my current stack but I won't be adding much neither since nothing ever happens. >>61203482>testing lowsyou really don't want to see what happens to /pmg/ when we hit $3,500/$42. Pink wojaks galore.
>>61203527>Have some means of defending yourself from an attacker at some distance longer than arm's length.My first paycheck I'll buy a katana, I swear.
>>61203520It’s purely for fondling and fuckery. I’m naming him Barry and giving him googly eyes and going to leave him on my couch >>61203528lmao I can only imagine. I am long so I don’t care. My friend who did paper leveraged bets however I ass raped while I can wait and relax.Also I said it before but we are due for a crasherino and gold and silver will get taken along with it probably
>>61203528>Seems like they can keep kicking the can down the roadNo. The end of the road is when COMEX/LBMA cannot deliver the physical they have sold. Or when the stop selling because they are out of silver.They defacto lose the price setting ability. Spot can exist as a theoretical concept, but if zero silver is available anywhere in the world at spot, the REAL spot price moves up to the price set by the next marginal seller who has silver. That would be China and the Shanghai Gold Exchange. They can never have a failure to deliver because they require that bars be deposited in their vaults before they can be sold. The are an over the counter market that does not allow unallocated or paper silver sales.>>61203536>I'll buy a katanaDoesn't matter if it's a slingshot, bow, crossbow or some 3/4" waterpipe and a 1" nipple with endcap.
>>61203550>we are due for a crasherino and gold and silver will get taken along with it probablyYes, but I can tell you the dip will be very short lived as money rushes to the safe haven of gold and silver.See if you can spot the gold dip during the 2009 crasherino. I'll post the "dip" in the next post.
>>61203564>>61203550>we are due for a crasherino and gold and silver will get taken along withHere's the closeup of "the dip" in gold during the 2008 market crash.
>>61203550>>61203553I've been listening to you frens on how PMs will also crash with the market (nothing is safe against this next black swan) however, cash will flow to PMs and then the rest from there is pure guesswork, right? Also, glory to the CCP.
>They might just keep kicking the can foreverThey literally can't though, is the thing.US debt and world debt in general is never going down, for one thing. This isn't like the past at all, it's an exponential increase and it doesn't slow down, and it doesn't get fixed. 10 trillion in debt in 5 years.So that's one thing, and the other thing is a 200 million ounce per year deficit in silver production, which is also the biggest it's ever been. We haven't even seen the 2025 numbers, these are last year's numbers. The deficit could be literally double by now.
>>61203573>>61203564Looks like a year of pain then juicy gainz is my interpreted of that chart. I heard from baldguymoney he thinks it’s gonna be an even more brief his time.>>61203582My take is we are at a point it doesn’t even matter which ties into this anon >>61203586It’s a debt spiral, the US is going through the final stages of empire decline. The US government will do whatever meme like the Genius Act or crypto crap they can to stay afloat but it’s an inevitability
>>61203582>I've been listening to you frens on how PMs will also crash with the marketThey WILL crash when the market crashes. Same as with BTC. When a margin call hits, you don't sell what you want, you sell what you CAN.My point is the dip will be extremely short, so when you hear news of a crash, don't walk, run to your LCS.The other issue to consider is there may be no crash. The market can simply roll over and start going down, but never in any one step large enough to be called a crash. You've seen a 15 year bull market. You're possibly about to see a 10 year bear market.
God i hope the AI bubble finally bursts bringing down everything with itIf gold goes down briefly, imagine slurping the cheapies and then watching as they begin to moon
>>61203586>>61203633>>61203635>>61203639BGM said by April it should get back into "normalcy", I doubt it though.Thanks for your posts, I'll go touch grass or talk to femmies and be back right in time for the stonk market crash to slurp an absurd amount of cheapies, of course.
>>61203684>BGM?
>>61203697https://x.com/baldguymoney
>>61203639I need more time, at least until after christmas. I think I've convinced my cousin to stack, and I got my brother to stack, I'm gonna be handing out silver to select semi-based male family members and telling them to back up the truck.I've heard predictions (they're legends pretty much at this point, based on nothing real but a feeling) that the crash happens next year, and I've heard that going back 2 or 3 years. Not even related to gold or silver, there's too much crash rumors going around, I think next year is actually the big one and we don't go back to normal life for literally 2 or 3 decades.And I unironically believe this, everything was slowly building up, but now it's so rapid that we hear of disastrous economic events literally weekly. 3% inflation in an economy that's supposed to be growing, that just put in place a bunch of tariffs? The people don't realize it, but that's deflation. Nobody has any liquidity anymore, you cannot have 3% inflation when you've got tariffs + economic growth, that means nobody's spending money.
>>61203722Nope, from all the schizo-posts I've read, September 23, 2027 is going to be the exact date we lose our collective minds.Captcha: G000Y
>>61203743>loses mind>keeps silverThis means I win right?
>>61203743>Captcha: G000Y
It's back up.
>>61203333Checked. Yes, I'm in the US, junk has been such a good deal lately that I haven't paid attention to anything else (besides generic rounds) so I assumed basically everything was at reasonable premiums still.>>61203336>That's why it's important to not only rely on conventional ways for stacking,What are some unconventional means of stacking?
>>61203771You're already mind-broken in a good way for owning physical silver.>>61203819That's 8kun, will join and post a ricardo so you know I'm legit stacktarded.
Feeling very comfy sitting on my modest stack while LBMA has to pay a 30% premium on the silver china leased them, all so they could drop spot price by a few dollars lol (lmao even)This shit aint sustainable and silvers still going to the moon while everything else is going to zero
>>61203819Wow silver still crashing, Bitcoin to silver ratio up 70 ounces today. I remember when the ratio was 1 Bitcoin to 1 ounce of silver NOW ITS UP 70 IN ONE DAYgotta be a bitter pill for pmg baggies
>>61203866Based post and epic photo
>>61203866Lmao you are earning 0% on yours don't you feel stupid knowing someone is getting 38%? And why are you bragging that you are getting shit on ? Oh that's just cope
>>61203819>>61203842Why are you guys talking about 8kun /pmg/? Looks like it averages a post a day.
>>61203904Sarr you are bloody bastard retard!!!My stacks more than doubled in value since my purchase (as if I even care about the fiat value) and by the end of all this I'll be trading a portion of it for a farm.Mald, seethe and don't forget to dilate sarr!!! Xd
>>61203922Now that silver is crashing they need to find more victims to keep the ponzi scheme going . It's getting though though with the silver glut growing by over 1 million ounces per day
>>61203945So you are bragging some one else is making 30% interest while you get 0%<<<lmao
Left Squirrel Week or Right Squirrel Week?
>61203965(You) (You) (You) (You) (You) (You) (You) (You) (You) (You) (You) (You) (You) (You) (You) (You) Here ya go, it's what you wanted, right?
>>61203965You are a low IQ dalit sarr so I understand you can't read very well sarr, please do the needful and kick the chair
>>61200459fuck buffalos, ASE and anyone who shills them. Stack bars and rounds
>high 40's is considered cheapies nowWew
>>61203980Lmao it never occurred to you that you are losing 30%? You could buy more garbage rocks with that
>>61203989Unless your rounds are Asahi, I don't want your gay buffalo rounds.
>>61203991Cheapies is cope for you losing money and not being able to admit you got scammed
>>61203989those popular coins have narrower bid-ask spreads though. that matters to some people
>>61203997I'm not losing anything sarr you are doing the confused lololol, your tiny brain is why you will always be nothing more than a low caste dog
>>61204022Lmao you paid $109 for your silver you are down over 60% in 2 weeks
>>61203991Anything below spot is cheapies.Though one might argue that being able to buy Silver for any amount of fiat is cheapies.
New Thread:>>61204038>>61204038>>61204038
DOW and NASDAQ futures rippingGold and silver shitting38 Trillion debt, decaying macro pictureReturn to normalcy
>>61204032I don't know where you're getting that number from sarr but it's not even close lmao :^]You do not even own a toilet sarr, no woman (not even your ugly cousin) will ever find you desirable and in 2 weeks you will be destitute on the streets sarr xD Fuck you bloody!!! This is the last (you) you'll be getting from me :^]
>>61204004Such a faggot point of view
>>61204008
>>61204072lol. idiosyncratic weirdo gold is charming despite its bid-ask spread
>>61204080imagine being such an uncultured faggot. ngmi
>>61203866Sweet Britannias.
Gold & Silver Warning! Why April 2026 Will Shock You!https://youtu.be/ZZKcRXovkYM
>>61202734Oh, great, stoneage in spaceage times.Also watch,"The Island of Dr. Moreau" (1979)
