/sg/ Silver General

Do you know what spot means?

>thinking that the fucking fiat IOU's have value

>conducts all his finances in fiat
>obsesses over price of silver in fiat
>f-fucking fiat doesn't even real!

Lots of fud lately

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Before: you can buy 100 big macs
After: you can buy 60 big macs

Please buy something with a smaller spread than small pieces of precious metals.

Jesus Christ, we ALREADY have a /pmg/. It's a great thread with the SAME content. Stop making these shitty /sg/ threads and instead bolster the /pmg/ to make it even better. Stop trying to make/sg/ a thing.

Silver collapsing right now. Harry Dent was right.

youtube.com/watch?v=UboMFpCpJvo

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Well why do you make link threads when there's already bitcoin threads? Silver is not collapsing

>Silver collapsing right now. Harry Dent was right.
>open kitco
>Silver is down less than 30 fucking cents

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This is now a Batboi thread. Post batbois

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18% drop in price since February is a disaster.

did you buy it from a fed on ebay

>feds printing trillions of dollars
>"Inflation will be mild"
Sorry bud I don't buy that, I could see some major deflation before hand but there is no way we are not going to see some painfully high levels of inflation in the next few years.

I don't make internet coin threads and that's a shitty comparison anyways because they are two different assets. Silver IS a precious metal.

Stop making these dumb threads. You could EASILY make the OP into a comment in /pmg/. It's watering down the discussion in BOTH threads to have this one going.

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Hello metal hoarders

Somebody here smart who knows a little about manufacturing coins?
I'd like to know the cost and logistics involved in minting your own coin.
I have no idea where you would get the ore and how feasible it would be from a business perspective.
I reckon the easiest solution would be to contract a minting company to stamp your design but I guess it's less profitable than investing into your own machines and selling your product for your own profit.
For this to work I imagine you would have to have a rough estimate of the volume you can sell, which would influence the price per coin. Let's say 50k is a safe bet for an initial release. Is that doable? I dont know anything about this.

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In the actual /pmg/ there's a guy called Pan Man who is a miner and he would know.

>stop posting in this thread

>current price for silver 15.44
Looking at the silver chart for spot price this year and then considering that physical premiums until now have been steady at about 2-3 bucks over, silver is actually at an all time high for this year when you compare by the actual fucking money you need to spend to get silver.
ASEs are $24 fucking bucks right now.
This IS a massive peak

This is what people have been predicting for ten years. Look at the graph. When is it going to happen?

There are no premiums on good-delivery (900 ounce) silver, which makes up the vast majority of investment. You can get it for only $1.50 over spot price. Go to BullionVault.com right now if you don't believe me. There are supply-chain disruptions leading to a deficit of coins, which make up a fractional amount of precious-metals investing. That is all. We have had articles about an imminent COMEX default for 15 years now and it never happens.

*CRACK*

*SIPS*

Yep, if you don't hold it you don't own it.

>There are no premiums on good-delivery (900 ounce) silver
>You can get it for only $1.50 over spot price.

Are you retarded?