"...cash is not a very convenient store of value..." — Janet Yellen (Federal Reserve Chair), Q&A after speech March, 2015 "By your wisdom and your understanding you have made wealth for yourself, and have gathered gold and silver into your treasuries;" - Ezekiel 28:4 ESV
Ways to invest in gold: - Physical Gold - Sovereign gold bonds (SGBs) - Mining stocks - Gold backed Crypto, i.e. Tether Gold (XAUt) and others - Cashless Lending to Goldshops (for i.e. 2% at GoldSilbershop.de)
We're dipping next week again during a liquidity squeeze and then there will be no physical left. Even the most bullish of investors in stocks will be out by the next squeeze and I'm betting on a crab market from after next weekend through the recession while currency inflates like all fuck. Perth Mint the mint backed by the government of Western Australia has run out of silver bars already but other dealers in AU offer more modest premiums than what you guys are talking about. I'm not gonna shill them here you can look it up. I'm stacked up enough on pms for now and plan on going further with crypto next week instead as I currently own none and feel like I'm missing out.
John Parker
GTFO datamining bullion confiscating shit cunt. DO NOT POST STACKS PEOPLE, GOVERNMENT CONFISCATION HAS HAPPENED IN THE PAST. LET THE DICK SIZING BEGIN DURING THE CURRENCY CRISIS.
Robert Walker
I just got started I'll have like 35 oz once my last mail order arrives. I hope I still have some months to stack desu I really enjoy it
Kayden Morales
Keep some cash too user if they manage to print their way out of this one again we could see another period of booming stocks, unserviceable debt and teen number crabbing silver for years.
Julian Taylor
I'm taking all my money out the bank when I get paid next month except bills(it won't me much I live paycheck to paycheck). Gonna use my CC to buy shit, put money in at end of month to pay off CC. If things look like they're goin really bad obviously not pay off the CC
Mason Garcia
>industrial price of silver is going down just check the prices for "9999 Pure Silver Wire"
1) Since PM prices have crashed, what's the best way to invest before the dollar collapses? Should I go all in with one metal or spread my investments out?
2) Do you think their current prices are as low as they'll get or do you think they'll crash even more?
3) What's the deal with silver? I've been lurking so here's what I've gathered: The price of silver bullion is held down because of futures trading, and when the dollar goes belly up Silver's relative price will go up more than gold, platinum, or palladium. Is that true?
4) If that's true, is the same true for gold or other metals?
5) What about platinum? It's also at a 15 year low, it's rarer than silver, and if/when South Africa has a civil war the price will skyrocket.
Thank you. I have some experience with PMs but I'm still pretty new.
That's just my pocket carry. It'll put holes in organs, which is all you want from a handgun. Normally I carry a Glock19 Gen 3 17+1 Speer 124 GD. What about yourself?
Joshua Nelson
I'm just trolling. I want a g26 personally.
Grayson Campbell
im waiting for premiums to drop and prices to align with spot. im not going to buy $12 silver for $25 like you idiots
Noah Hughes
Well get one. 26 is good because you can use all size mags in it including the 33
I have 100 oz. silver and no gold. Is it too late for me or will I be okay
Gavin Lee
Have any experience with astras or walthers? I have a thing for metal frames.
Christian Cruz
Those are nice
Grayson Brown
You guys are fucking retards if you think dealers are running out of PMs and not just hoarding it so they aren't selling at a loss of what they paid the mint for it. You're getting played
Jaxson Gray
Check out 3rd generation Smith and Wesson automatics
Jaxon Morris
they make money on the premiums, not the spot price. why would they hoard it when they can still sell above spot? ASEs still priced what they were when silver was floating 16.50-18.50. they're still able to make profits
Kevin Phillips
You are way too new, do the research yourself and don't bother buying in unless you can answer all your questions on your own, otherwise you're not making a educated decision, you're just like every other normie who does what he is told to do. Even if we answered all your questions, that wouldn't help YOU. What can help you is educating yourself, not getting spoonfed BS answers that align with your unenlightened intuition so that you get a dopamine hit that motivates you to spend your money. That is no better than a normie seeing an ad for a new car on tv and being motivated to buy it.There is no philosopher's stone for surviving a "dollar collapse" as you put it. If you're so sure that's what will happen, then you must also logically know what to to do negate the loss incurred by that specific event happening.
>There is no philosopher's stone for surviving a "dollar collapse" as you put it. If you're so sure that's what will happen, then you must also logically know what to to do negate the loss incurred by that specific event happening.
I get the general idea - invest your money in Precious metals so I don't get fucked by hyperinflation. I'm just trying to figure out how to get the most bang for my buck and thought I'd ask the hivemind.
Things like security, cash flow, etc. in the event of economic collapse are more complex and beyond the scope of this board.
Jordan Young
How are you ever going to sell your stacks for profit when you're paying 25% premiums? Hope for the dollar collapse? If that doesn't happen then you're stuck with an industrial metal with a heavily suppressed price. When the price dumps further and the boomers/weak hands who bought up today panic sell tomorrow, the banks, mints and dealers make a killing while you sit and play with shiny coins in your room
Aaron Thompson
>shills silver >quotes the bible Are these two things supposed to be contradictory?
Angel Hall
>selling my stack for fiat
i won't be
Thomas Torres
/8 0 s c o p w a v e/
Christian Watson
You do realize they are going to use this manufactured pandemic to get rid of physical cash and move to a pre-printed digital currency, ID2020/mark of the beast etc, right? You can’t have a run on the bank if they make it illegal to use physical cash since they will say it spreads coronachan
Why do people buy SA silver? Don't they know how they treat whites there?
Justin Hall
They were too nice to pass up.
Asher Martinez
Not about selling your stack for a dollar profit. It’s about buying real assets For pennies on the dollar for what it cost you to buy those PM’s... with current assets being massively overinflated right now.
Julian Harris
thanks for the hearty laugh user
Brayden White
If you have 10k and want to buy silver and you are getting a 25% haircut, it won’t fucking matter because you’ll have 500 ounces of silver something like 100 ounces of silver will buy you a house.
Remember... a silver piece the size of a silver dime used to be a days wage for most of human history. So basically every 20$ silver ounce you buy right now you are locking up at least 2 weeks worth of days wages post deflationary collapse... since 14 silver dimes equals 1 ounce of silver.
You morons keep valuing silver and gold in dollars. The dollar price of gold is irrelevant.
Mason Watson
You aren’t investing when you buy gold and silver. In fact you aren’t buying anything when you buy gold.... all you are doing is converting your wealth from worthless paper to a real store of value. Gold is simply real savings and real money. When someone goes to a coin shop to buy a gold ounce he is doing so for a completely different reason than when he buys amazon stock. Amazon increasing in price is not the same thing as gold increasing in price.
Jose Ortiz
I dont think that is gonna happen 1 week from now user but I enjoy your enthusiasm. I will be running my bank
Colton Russell
I ordered a BU Krug from JM and they sent me a proof. I'm absolutely sure of it now after looking at yours
Landon Lee
Yea I remember your post. I got these at my LCS
Adam Taylor
100oz of silver buys you a house in Capua 79AD because Gold was the standard of currency. I understand Silver Chads think that's what we're going back to after the collapse but I just don't see it. And to boot, Silver's utility in a post-industrial society is just too great to allow it's worth to skyrocket again.
Soldering, brazing alloys, batteries, dentistry, glass coatings, LED chips, medicine, nuclear reactors, photography, photovoltaic (or solar) energy, RFID chips, semiconductors, touch screens, water purification, wood preservatives and MANY more. It's an economy of scale no matter what system you're using, and if 100oz of Silver goes back to buying a house then you can forget about the industrial revolution
Xavier Thompson
700oz silver 8oz gold. Not going to make it :(
Aiden Watson
Nice stack of toilet paper you have there, user.
Caleb Gutierrez
No way, that will only bring you about $70,000
Jayden Peterson
>asking price
Ethan Morales
Damn I’m a sucker for Morgan’s.
Grayson Russell
My LCS had some dude drive a fucking car through the front of the shop a few days ago. I haven't even been able to visit to see how things are holding up, it looked bad in the news article though
Dominic Young
WHEN THE PRICES CRASH SO HARD THAT THEY DON'T EVEN HOLD DUN DUN I JUST BOUGHT ME ANOTHER SILVER OUNCE SUCK MY DICK AND BALLS DUN DUN I TOLDIES TOLDIES TOLDIES I AIN'T NEVER SELL WHUA- I AIN'T NEVER SELL I AIN'T NEVER SELL I AIN'T NEVER SELL youtube.com/watch?v=cCJbEP8BBeQ
