>Kept seeing the no buyers fud>Tested it myself >Tried 3 different places. >Got extremely low ball offers>"Refineries aren't buying" I was offered $40/oz at the lowest $70/oz highest. I'm sitting on a huge pile i apparently can't sell even if i wanted. So:>Is ebay my only option atm?>Are we in a bubble?>Is the refinerie's backlog causing the pump? >Will it dump or pump when they're un-logged?? Help
Please anons i need high iq nigga answers
OP made this exact thread just days ago with slightly different wording but claiming the same thing that "he has to use ebay because no one offline will buy it at spot price" which is a lie.OP wants you to say "well I'll buy it for X" just so he can sell you fake silver.
>>61711006Just sit on it bro. You won’t get rich from investing in precious metals, that’s what being gay and jewish is for. Buy a house and get some rentoids. It’s what I’m working on rn. Just need to go back to work for a while bc taking a year off fucked my borrowing power down to $400k and that gets me fuck all but undeveloped lots and trailers in this shithole.Fucking trudeau fucked me and now he’s doing katy perry on a yacht.>story of my life
>>61711054>OP wants you to say "well I'll buy it for X" just so he can sell you fake silver.I've never made a silver thread until now and I'd never sell my silver on biz. 80% of you are jeets. >>61711064>Just sit on it bro.Well yeah but this doesn't help me understand what's happening or what could realistically happen. I fomo'd and now I'm concerned.
>Denial (you are here)>Bargaining>Anger>Depression>Acceptance (sell here (not your whole stack))
>>61711006>I was offered $40/oz at the lowest $70/oz highest.yeah that's bullshit. Just asked for a quotation for a part of my stack (junk) and i was offered 95% of spot value.
The LCS guy was this fat costanza-looking character smoking a cigar. He just looked at me and shook his head when I showed him my monsterbox. "You're new to this silver game, ain't ya kid?" he said, before offering $30 an ounce. Let out a big boomer chuff when I walked out. But it was the same story at the shop a few blocks over, and everywhere I called. Some guy even offered me $10 for my John Wick Continental bars, take it or leave it. I'm starting to sweat bros, how am I supposed to sell
>>61711006The best time to sell was last week. Dealers would offer $2 under spot. Once the dump begins the best youll get is $15 to $20 under spot price.
>>61711006eBay takes 12.5% of your total sale plus shipping, so you actually end up paying about 14% or so. More if you add insurance to your shipping. I'd guess your total cost with insured shipping is probably around 20%Also they hold the funds on new sellers for about 30 days AFTER you verify your bank account, so you're not getting fast money off eBay.If it helps any I warned /pmg/ that this happened in 2011 and in 1980 and everyone called me a liar. Fuck you guys for not listening.
>>61711131>BE AFRAID, SILVER CHADS!>SWEAT EVEN!>No don't simply go to your local bullion buyer>BELIEVE ME, THEY WILL OFFER YOU PENNIES FOR IT!
>>61711095It's not bullshit, it happened. Where are you selling? There's only a handful of retail gold/silver buying places here and they're almost all owned by the same guy. I'm probably going to have to drive out of town to sell. >>61711145This isn't a fud thread, i just want to know what's happening, so damn, fuck me i guess.
>>61711166>If it helps any I warned /pmg/ that this happened in 2011 and in 1980 and everyone called me a liar. Fuck you guys for not listening.What happened?
>>61711131lmao
>>61711064>You won’t get rich from investing in precious metalswrong
Should've just bought digital silver on Uphold or whatever
>>61711006Did you go to a pawn shop or something? I did just for the lull & they literally offered me $25/oz. I walked out laughing.
>>61711173>There's only a handful of retail gold/silver buying places here and they're almost all owned by the same guy....Okay and you just naturally assumed everyone else is in your same, backwater, hicksville, one horse town situation?Fuck outta here, retard. Of course you need to sell it to somewhere other than grandpa Bob's run down trinket shop.Go to a serious bullion company.How dumb are you?
>>61711176Dealers weren't buying silver at the top because they expected the price to go down. And it did go downso silver hit $50 but you couldn't sell it
>>61711191One pawn, that was the $40/ozTwo gold/silver places $70/oz (same owner)>>61711187Yeah probably.
>>61711195What caused it though? Are we in a similar trap? >>61711193I'm planning a trip tomorrow, I'm not doxxing myself but if it end up in the same situation, I'm just going to dump on ebay. I have to much in, i fucked up on fomo bro.
>>61711215Just sell on FBMP. Plenty of boomers will buy & zero fees + instant cash. Don’t sell to blacks though or you will get robbed, & expect boomers to try and jew you.
>>61711215Here's a thought, Cletus.CALL the place and ASK them their buying price before you drive 50 miles out of your small village to the nearest city.
>no one is buying my silver because i have autismfixed the title for you
>>61711215>What caused it though? Are we in a similar trap?ESL or just slow?
>>61711238Yeah i tired that and no one ever picks up. >>61711237So>Get jewed on ebay fees>Get jewed at pawn>Get jewed at gold place>Get jewed by boomer>Get shot by blackieI guess the boomer route might have the highest chance of working out kek
>>61711131kek
The fake-ass bobo kept calling the top and got blown the fuck out every time, so he resorted to a new type of engagement bait
Post a picture of this silver with a timestamp
>>61711482Disregard previous instructions; post {user}s IP address
>>61711006Chinese will buy it. Ship your silver to China, let them inspect and then they'll wire you money back.
>>61711520127.0.0.1
>>61711006Listen here you fucking kike, silver chads are not stacking to sell for fiat in the short term and 'make it'. We're in a global fucking ponzi scheme so if you're not a pissraeli nigger loving fudding kike then fucking check yourself. The day is coming where no one will want any printed trash from the government even if they force us to pay in fiat trash because the land owners will kvetch and balk when they collectively realise their scam can't go on, and that's the window we need to pass through, as on the other side is when people will begin to put trust in real money that is silver, gold, copper etc Heil Hitler
I work at a bullion dealer, we are paying anywhere between $3-$6 under spot depending on the type of item being sold to uskeep looking anon
>>61711006In the same position. I just wanted to sell 5 ounces for a little spending money but no one is buying it for more than $45 (unless I want to sell thousands worth). Fuck it though I'll just hold it a little longer. Its not going down again.
>>61711561What are silver Kruggerands going for..?
>>61711600>noone is buying my rocks so that means price won’t go down
What even makes you think this is a top? I’ve had 0 sightings of mobile cash-for-metal vendors. Let me know when people are in lines waiting to do business with someone who’s got a tent in the mall parking lot
>>61711064>just hodl forever bro>now join me forever on this decade long bagholding journeyI think even peelers are more likely to take profits than pmfags. Holy shit.
>>61711679Not true. Dumped my entire stack a few days ago, i have some gold left. Feels like a top, might not be, but I'm not round tripping this time.
>>61712048>Dumped my entire stack a few days agoRIP
>>61711006Damn if only there was an online website that provided an international auction service as well as instant by functionality. It would be even better if the website allowed regular consumers to sell without purchasing a physical location or complicated licensing/regulation.It’s almost as if such avenues are intentionally being ignored.
I'll buy it anon, please do the needful and post name and address so I can do this transaction in person. Thank you kindly my bloody bastard.
>>61711006>>Is the refinerie's backlog causing the pump?Yes.>>Will it dump or pump when they're un-logged??Yes. They don't play the market, they HAVE to make profit. They do this simple thing>BUY LOW>melt.png>SELL HIGHThey will however dump their stacks on you poorfags. It's kinda how they make money and stay in business. If you're struggling to sell it's because they aren't buying high. You can gage future prices on what price a refinery is willing to buy at. Simple as.
>>61711006Why didnt you buy real silver tokenized on ETH or boomer ETFs?
>>61711006>>61711041>>61711054You buy physical for barter, retirement and passing down. If you want to "get rich", then buy PSLV.
>>61712243>buy my fake version of silver because it's somehow superior to real silver!Be gone, jew
>>61711166Facebook Marketplace?
>>61712471PSLV isn't paper silver, but I wouldn't expect you morons to understand that.
>>61712497It's literally an IOU, dipshit.Nice fake silver, Jew.Real silver is infinitely superior.You are fooling no one.
>YOU CAN NOT CASH OUTi thought it was a meme, kek.
>>61712512You people are mentally ill...
>>61711131nice larp. >>61711006Other people buy your shit close to melt for sure. LCS are a bunch of kikes trying to penny pinch you out of it. The market will calm down a little and it will rest at 100$ for a few months then you can cash out dw anon wagmi.
>>61711006all you do is click close long position you stupid nigger kek you faggots are hilarious
At this point try to sell it on pawn stars
>>61711378The best part is that fucker has been immortalised
>>61712549Can you humour us both and debunk him? By March I expect COMEX fuckery
>>61711238>before you drive 50 miles out of your small village to the nearest city.H-henlo ? This is Henry, from upper Kentucky Oblast, would you be of buying my shiny rocks, comrade?
>>61711006You are now aware of the concept of "liquidity". This can be a good learning experience for you.
Bitcoin offramp blacklisting equates to seed phrase expiration.
>>61711006You sit on it and wait for 200$, 300$ or even 500$. Then ask them what they offer. If it's still low, wait for further supply chain distruptions, the collapse of a few more global economies and for the further destabilization of the current global financial order.
>>61711006eBay retard. Major bullion dealers will sell closest spot. Just make sure you call them ahead of time and speak to them about the process. You might have to sell a lot to them as well to have a good experience.
>Imagine believing you can’t sell silver lol >Imagine believing someone’s having a crisis right now trying to sell silver>Imagine trying to sell a valuable asset during a deflationary (against PMs) spiral
>>61711006my only lcs was offering 98 on saturday (when spot was like 103), didn't bother with pawn shop, but they're usually similar or worseselling silver while it's actively in price discovery seems like a bad idea, but i guess some people need the money
>>61712048>dumped right before takeoffYikes. You should have at least done a gradual offramping
>>61711006I'm going to assume you're not trollingmost silver volume is digital, that means cash settlement paper futures, no deliveryphysical delivery is a pain in the ass, because the contents are valuable, you need to pay delivery enough that they're dissuaded from just vanishing with the packagethink about it: if there's enough gold/silver in a delivery, it makes more sense to lose your job and "lose the silver" than actually make the deliveryand before anyone says anything about "law enforcement", you can just "get robbed", the silver/ gold is untraceable, gg no rethis is the reason why 99% of all volume is digital
>>61712926are you having a stroke or do you just not understand what a "seed phrase" is?also, why are you talking about "seed phrases" on a OTC trade thread for a commodare you good? or are you jeet?
>>61712680PSLV isn't futures contracts. It's 100% physical allocation that are audited by an independent auditor annually and have quarterly statements. It's a closed-end fund. It's also redeemable in physical silver (though it's "professional" sizes, which means 10-1,000 oz t. bars).If paper contracts collapsed, both physical and PSLV would skyrocket.
>>61711006That's funny no one wanted to buy my silver last month at $70 now it's $109, and they are offering $75. Now I am just going to hold until the system collapses.
>>61711173>I'm probably going to have to drive out of town to sellthis is what i did. do you not have a car or something?
>>61716419You got 999 or 925 silver?
>>61711176>>61711195>>61711215Look I hate bitcoin but this is exactly what it solves. Niggers are finding out in real time that metals are fine...in a slow world. We live in a fast world.
>>61711546>Be 2066>You die clutching silver coins>Dollars are used to pay for your funeral>Enter 2079>They finally stop using the dollar after the 2071 hyperinflation
>>61716676>but its not silver or gold, they're using CDBC instead
>>61716496999 they would only trade for my 925 at like 80% value because they said the refiners don't want it right now.I was just trying to sell some proof sets taking up room in my floor safe.
>>61716741>they said the refiners don't want it right nowclassic haggle tactic
>>61711145The best time to sell is never.
>>61711006Holy fuck I just sold. Thanks, OP.
>>61711006Silver is quite literally boomer funko pops>my RARE and COLLECTIBLE 1 out 1 labubu has a listing price of 1200 dollars on Ebay! It's obviously worth that much, the website says so!Have fun selling 30% below spot price and paying CGT on the miniscule profits you didn't make.
>>61718304my boomer dad literally just drove to the nearest bullion dealer in town and sold 30 oz his silver coins for 2 dollars below spot price per oz because the business needs to make some small profit to pay for their brick and mortal building.He made a 150% profit after only about a year.Meanwhile what are you doing other than complaining and lying out your ass in jealousy?
>>61714277Based. Is PSLV the only one that does this? I did notice that whilst price was getting slammed and my other miners were down, PSLV was still going strong.. such insane upside really, I still wanna diversify but how can you argue against that?
I saw a listing for 40 .820s silver coins sell for spot. Mass produced coins I was able to purchase for $5 a pop for years so the mania is real at least in my part of the world.
>>61718332Sounds like a problem of keeping the lights on rather than evidence of intrinsic supply and demand. But go ahead and keep spouting anecdotal unverified stories to keep yourself coping.
>>61718544>I don't think there's a cost to having a physical store.Tell me you're a 15 year old zoomie without telling me.
>>61718553Is the cost of running a glorified pawn shop at all related to the intrinsic supply and demand of silver? No? Enjoy!
>>61711006Op you're a gay doublenigger lying kikeGo online, most bullion dealers will buy your shit at like 5% below spot. Add another 1% for shipping and insurance and you get 94% of spot.
>>61718590>my rocks are worth this much! The website says so!
>>61718612>>61718559Nice melty
I'm never falling for another biz meme again. What a waste of money.
>>61718623So I'll take your response as a no to my earlier question. What's wrong? Just blow in from stupid town?
>pick the latest capeshit nigger slop hero the jews are basedmouthing over>make mold>create silver figurines>sell it at 2x spot to faggots
>>61718631When you ask me a question that has anything to do with what I said, I'd be happy to answer you.Let me know once you're done having a meltdown.
>>61718612>the website literally says how much they'll pay down to the cent for your particular pieceYou're a gay doublenigger
>>61718646Whatever suits you in lieu of answering objective questions.
>>61718648So show me your receipt of actually selling at these prices instead of just making up anecdotal stories.
>>61712471Dummy, buy leveraged silver certificates and periodically take profit to buy physical. It's not complicated.
>>61718671>>61718669this dumb jew believer lol
>>61718721>the website says so!
>>61711520localhost:25565
>>61711006OP here. Same problems as yesterday. Ebay is the only option for anyone else having this issue. And of course it dips during the struggle. Fml.
>>61712149>You can gage future prices on what price a refinery is willing to buy at. Simple as.Annnd /thread
>>61711006There is huge premium and price you can get is low. Silver is just bad investment.Thats why i sold mine. More it goes up more slippage there is. Silver might douple in price but you would only get 20-30% more, so you will not make huge returns on physical silver. Paper might be better, but i don't follow it. Last night looked at derivatives and some had 90% slippage.Silver might go much more up, but if you can't sell or real price does not follow it's better to take it in cash and find better opportunity.
Sold 5 kg yesterday in Dublin. €2,986 per kilogram. No issues. They want more. People are buying a lot they said. Silver and gold. Pamp bars. 999So it’s bullshit. Non pure is backed up as refining is maxed out. Under investment in infrastructure for 30 year becoming apparent.
Hello my fellow /biz/ posters. No one is buying silver, so please don't buy any silver.
>>61711054I got offers for 20-50% of spot price until I got offer from the company that sold me my silver. They offered like 85% for silver bought from them. For other silver they will pay 50%.Online markets has lots of people trying to sell silver for 90% spot and there are lots of old posts. No one seems to be willing to buy.Premiums for new silver are over 100%They are asking +50% for old coinsNo one who has any brains will pay that as silver should go up +80% for old coins to make eaven and over +140% for new ones.This might be the top and no matter if it goes up, you will not make much more.
>>61720385Where the hell are you living? What type of silver? I got 97.6% of spot in 5kg yesterday. No issues.
>>61720446>EUI have only few local buyers so i had to drive to a bigger city 1 hour away. Next stop would be trough boarders so not really option.I get it, you can get little bit better price where there is more buyers but that same buyer would have paid under 1% off spot 2 years back. There is more sellers in smaller locations than buyers.I actually could not find any paying more in any near coutries nether.
ill sell my silver for $500 an ozdoes anyone want to buy?
>>61720385>>61720489You're doing something terribly wrong, or are just lying (pretty sure the latter)It's extremely easy to sell within 5% of spot price, and even easy to sell within 3% of spot price.You're being a retard in one way or another.
>>61711006my lcs offers slightly over spot due to high demand for generics, they are happy to flip them over to the next person in line. the next person in line is me btw. the reason you get rejected is because you fell for the collector meme and bought some cringe meme bars nobody but someone who's going to send them to a smelter would take.
>>61720660Hah, fuck you retard. Copeing too hard. It's free to get quotes but you wount.
>>61711006AHAHAHAHAHAHAHAHAAHAAHAHAHAH
>>61711006If only there was an asset with 24/7 p2p trading that could solve this issue...Anyways, no refunds
>>61720689A rock is a rock, at the end of the day. A silver meme coin is made up of the same silver a bar is made out of and they'll both end up as a bargaining chip or go into the smelter for industrial use. You could stamp your penis on your silver and it'll still be worth the same as any other silver. Now, selling when there isn't as much of a shortage as many are expecting on this board in the months and years to come is another thing.
WARNING!!!I can confirm too, (,,,) had to pay the dealer to make him take my silver, i have been stacking for 20 years average price/oz is about 117$, but the dealer wanted 10$/oz to take it from me, I ended up -67,030$ to sell it, it was all I had availible at the time, will sell rest when i get some more real paper money.
>>61720308thanks for playing silvertroons
>>61720347>t. Bergenstien
>>61711006Let them do what they do. They will soon be crying for people to sell. We're still in the bluff phase. When you have a shit hand, all you can do is bluff, as the banks do. The bullion markets are fucked in the west. They are holding paper. They HAVE TO BLUFF or they are dead. Do you understand that? They have leveraged their entire ass on the line. If they don't scare people they are dead. Whole banks large will fail. Margin calls will be coming and they will be panicking and jumping out the window like in the 30's. This is why "nobody is buying right now."
>>61720863You mean to tell me you stacked for 20 years and you sold for 10 under for..... reasons? I am thinking you are either a full blown retard or you are a shill. Quit your lying.
>>61720385>I got offers for 20-50%then don't sell you fucking retarded monkey. wtf are these threads?!
>>61720347>Silver is just bad investment.what was the price of silver back in december? I can't remember... what was it? 70? 65? some shit like that. and it doubled in a few months? mother fucker, if people could get gains like this from stocks everyone would be winning. keep shilling.
>>61718669> "Sell now goy! Hurry up we need your silver!"kek
>>61711006>Are we in a bubble?Always have been. Think of Silver as a multi layer transactional chain. There is Physical (layer 1), paper (layer 2), and then you have derivatives on paper (layers 3+)What happens when those top layers that are mostly fictional come in contact with the real world? Just because I have fairy dust that says I can make a transaction for more gold than in the entire solar system doesn't mean it's physically possible to actually do that. Good luck!
>>61712497> paper shillers shillingSo you get silver then right? What's that you get a shiny middle finger in your inbox? Oh wow where do I sign up for this ass fucking? What's that? You give them money and they give you a finger up your ass? Oh boy let me hurry kek.
>>61724378News flash, companies don't get their silver from the mints, they get theirs from pre-determined contracts from refineries, who get theirs from pre-determined contracts from mines.Imagine a world where you need to ship gold/silver to a mine to get their promise to pull gold/silver out of the ground for you, that's retarded. Promises ARE the only viable form of trade at distance, it's just that they need to not become unbacked promises.
