PRECIOUS METALS GENERAL /PMG/

IT'S OVER EDITION

MOST BULLION DEALERS ARE RECEIVING A MASSIVE DEMAND SHOCK

AT THIS POINT NO MORE INFORMATION IS NEEDED.

EXETER'S PYRAMID HAS REACHED CRITICAL MASS AND THE ENTIRETY OF THE WESTERN WORLD IS TRYING TO THREAD THEIR (((WEALTH))) THROUGH THE EYE OF THE PROVERBIAL NEEDLE.

HIT UP THE FOLLOWING:
>PAWN SHOPS
>LOCAL COIN SHOPS
>GRANDPA

THAT'S IT. WE'RE GOING TO INHERIT THIS PLANET METAL CHADS.

Attached: ItsOver.jpg (1242x1736, 267.01K)

Other urls found in this thread:

youtube.com/watch?v=CgLrr4ZS-ns
twitter.com/SFWRedditVideos

Attached: 1584391326720.png (485x412, 45.45K)

called it

I feel like we're at the precipice of something great. A new dawn. A new America
THREAD THEME
www.youtube.com/watch?v=4F7sdy2rZws&t=1545s

Attached: 1583719915348.jpg (986x553, 96.27K)

Pawn shops either are out or are refusing to sell.

We truly are in the endgame

Attached: 1584034229571.jpg (1440x969, 363.39K)

God damn you Yas Forums fags need to get in here

i got myself some silver ETF am i part of the family?

AHHHHHHHHHH
WILL THE METAL I ORDERED BE DELIVERED?!!
HOW MUCH SILVER TO MAKE IT?
HOW MUCH GOLD TO MAKE IT?

Attached: A7E811E1-77D3-4603-BA45-7751A8370237.gif (400x513, 1.19M)

youtube.com/watch?v=CgLrr4ZS-ns

Supply and demand bitchez
GET SOME

Should I sell my stack? Found most of it in the wild for face value.

In Aus our biggest dealer (ABC) has stock.

>Should I sell my stack?
I'll buy it from you. What do you have?

What percentage silver and what percentage gold?

Attached: Lolita2.jpg (2387x3000, 791.58K)

To each their own
I'm heavy gold

I see little reason to be heavy in gold when silver arguably has a greater upside.

Do you not think that's the case?

the only shop that still sells silver does with 100% above spot

30ish silver war nickels, 40 Morgan's, 40 walking liberties, a couple of pre 64 dimes, and about 80 pre 64 quarters.

I bought a 10 oz bar from SDBullion for $167.45 yesterday and now they're sold out. Free shipping. Shipped today as well.

Looks like the ACTUAL spot price is about $17-$18 and with most every dealer literally sold out, I expect them to be selling at $20+ soon.

The spot price right now is bullshit because of the paper market.

>Do you not think that's the case?
Nah man, like I said do you
Silver is set to explode. I have my reasons that are specific to me.

Well I'm interested :)

>30ish silver war nickels, 40 Morgan's, 40 walking liberties, a couple of pre 64 dimes, and about 80 pre 64 quarters.
Would unironically take that off your hands if only there was a viable way.

Silver is more of a lottery ticket, if it indeed becomes widely adopted as currency once again we will all be filthy rich, otherwise its meh.
Gold will have solid steady gains regardless.

well for one reason I already own an appropriate silver position. So I'm ready for the rocket launch.

another is I plan to buy property with the gold.

You can say even if it doesn't skyrocket it will still gain as much as gold. So silver is still a better option?

Like someone already agreed to buy property from you for gold, or is this some kind of collapse scenario?

Did you buy platinum when it was dirr cheap?
All gone now.

Attached: Screenshot_20200317-223233_Chrome.jpg (1080x1691, 474.23K)

FYI during the 2008 crisis, silver did a 5x while gold only doubled.

Attached: Capture.png (772x246, 21.34K)

>valuing God's Money in worthless fiat goy bux
You're gonna have a bad time

Attached: 1584046802915.png (1280x1493, 1.78M)

>still gain as much as gold.
Silver will gain more IMO
also checked

>or is this some kind of collapse scenario?
Well. . . its coming ain't it?
I'm fully expecting 1oz gold to go to 10k plus USD and silver to go 600USD-1kUSD

Why not be heavy in silver, then when it comes time to buy that castle convert the silver into gold?

I guess you're worried about silver not being accepted or something

I have a feeling not even one person here bought.

Attached: Screenshot_20200317-223600_Chrome.jpg (920x1445, 277.24K)

Not necessarily.. the silver to gold ratio has been getting lower and lower. I think its entirely possible that this may be the new long term trend. Gold will always be useful as a store of large amounts of wealth. I think silver will only rocket if it becomes currency again (entirely possible but may not happen in the world of electronic payments)

Jp morgan can create silver backed crypto.

How likely do you think it is that silver will perform at least as well as gold in the coming years?

>convert the silver into gold?
There wont be any gold to convert your silver into
you either have it now or you don't
Playing the ratio with conversions is a meme

Also like I said I have silver. I just have different purposes for each metal.

what's that

If it was crypto and easily divisible it would be more sensible to make it gold backed.

It could happen. On the other hand one of the benefits of crypto is that it is trust-less. You don't have to worry about a 3rd party doing it's job for it to work. We shouldn't have to trust that the 3rd party, JPMorgan in this case, is actually holding the silver. In the end the 3rd party tends to get more and more comfortable over time lying.

Well I have both silver and gold and basically think the 2 most likely future scenarios are as follows:

1. Massive inflation, causes gold to be store of value but people still use fiat for wages and purchases. In this instance gold will outperform silver (silver will still be better than holding fiat)

2. Complete fiat currency collapse, where silver is widely adopted as currency. Silver and gold will both moon but the gold-silver ration will revert to historical levels and silver will vastly outperform gold.

Ok, if we assign equal probabilities to both and gold doesn't ridiculously outperform silver in Scenario 1 than it makes sense to be heavy in silver (not that I'm saying you disagree with this)

Attached: 1573958220227.gif (204x204, 3.84M)

There probably won't be massive inflation because demand for the dollar is actually quite high and is what is driving the supply to increase. Just my 2ยข. I think gold and silver will rise in price significantly in the short term though because the demand is quite real. I'd swing PMs and hodl real estate.

fuck off glownigger

Not all of us live the USA. I'm in Aus our dollar is in the toilet (gold saved me), and also plenty of other countries having inflation issues.
But in saying that, in the medium to long term I can't see anything other than the USD also going the way of the Argentine peso with all the money printing going on.

Should I buy Silver tomorrow? Think like 100 shares of SLV

no sorry only physical pm counts, in a financial meltdown you'll lose your paper wealth regardless what it's backed by

I'm affraid I won't get the silver and gold I ordered last week.

Attached: 1578987247819.jpg (410x357, 15.08K)

The current premiums are insane right now. I actually paid less for silver back when the spot was at $18.

Attached: spot.jpg (1155x773, 188.18K)

why is silver falling off a cliff?
I'm about to place an order once the local mint opens

I think it makes sense to have a decent stack of both. You can't really go wrong. Personally I don't want too much silver though because of transport and storage issues.

anons anytime you can buy silver eagles for under $19 do it, its not a short investment. but it will pay off, i fully expect silver to hit $45 by 2025

This is creating a bubble for precious metals, it will pop. Sell high in a month if you don't want to get rekt after the market recovers

If precious metals dealers are predicting such high future prices why are they selling them to you at current lower prices? Surely if they believed gold was going to $5000/ounce or whatever they wouldn't sell it

Attached: 1531026510341.png (741x609, 27.28K)

Jews liquidating their paper silver to try and entice market investment. Why is silver cheap as shit and sold out literally everywhere?

>Silver
>Widely adopted as currency..

Never.

This is how you metalfags cope.

Nobody outside of the precious metal circlejerk will ever use physical gold/Silver as a currency.

Why convience most normies are lazy as fuck and don't wanna carry around a bag full of shekels. It's why fiat money exists in the first place. Psper money is just easy to transact with. But you know what is even easier. Digital currency. Infact it's so easy most normies myself included don't even use paper snymore.

Attached: 6dBt2Oj.jpg (251x242, 15.4K)

premiums alone aren't whats insane, look at the prices they'll buy your silver for. That silver eagle that they want to sell you for $22, they'll buy for $14.5
they're as bad as a pawn shop...

>tfw 6oz silver frozen and undelivered until God only knows when
I need reassurance that I'm going to get that stuff eventually, /pmg/.

The USD is still pegged to oil. I think the USD is much more in danger of deflation rather than inflation especially if this oil war drags on. You're right though about global currencies. I think a few governments might get into bad inflationary trouble. Maybe even bankruptcy.

Bend over and get ready for inflation to fuck you raw.

Sir, this is a thread for buying precious metals, not pieces of paper

Attached: 1583576658609.png (569x567, 435.4K)

>pegged to oil
...In the short medium term...

Nah it's only been used as a currency by every country in existence before the jews found out you could just print wealth. If the economy collapses your dollar will totally have value, I promise.

> reddit spacing
tell me how you know you get fucked in the ass by your gf every night?

>The USD is still pegged to oil.
try to redeem those dollar bills you have for oil then

>Normies are never going to stock up on supplies for shtf, that's too much of an inconvenience to them.

Now that we are on the Bulltrap region.
Things will calm down and take a breath.

Dealers will restock, while prices slowly go up on the Stock exchange.
Once its over, there will be another drop on PM untill we truly hit bottom and then We moon.