NO NOOOOOOO! NOT MY SILVERINOOOS AND GOLDERINOOOS! THIS CAN'T BE HAPPENING MY BOOMER ROCKS ARE COLLAPSING WHEN THEY ARE SUPPOSED TO HOLD INTRINSIC MAGIC VALUE!
GOLDERINOS AND SILVERINOS COLLAPSING
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>boomer rocks
Fucking kek
I've been buying silver and gold for 15 years. Never sold a gram. This just means more metal for me. Also, go try and buy an ounce of gold right now.
I wish a Ron Paul "son I am disappoint" meme existed
ever heard about the silver fix? Gold and silver value is highly manipulated and some people even went to court because of it.
don't be such a dumb shitcoiner fag, fag
Gå och lägg dig, smällare
bingo
The paper price is decoupling from the physical price, premiums will skyrocket. My closest dealers are almost completely out of stock.
This is our biggest dealer and our most popular bar.
That may be true but the drop in commodities is so brokerage houses can cover their margin calls. Pretty common in a massive drop. The Deutsche Bank manipulation type stuff has nothing to do with this.
It'll bounce big next week. It is all manipulation by JPMorgan trying to suppress the price.
No need to buy when you can inherit it from the boomercaust.
If everything is crashing, nothing is crashing. The intrinsic value is still there; all that changes is the number after the dollar sign..
triple bottom at 14.88 Op has get of 88
what did kek mean by this?
>right now.
When it falls to 500 again, sure.
India is opening up a massive new gold mine, I hear. That might do it.
Boomers don't actually own anything of value. They own "fine china" collections they don't even use and they think their shitty houses are worth MILLIONS. They will all die poor when the transfer of wealth happens.
fug 99988
They are selling to make up for lost profits, the recovering will be greater than the stock markets revoxwry aftwr Corona virus
Buying opportunity of a life time
Only people selling metals right now are firms the individual investor is fine
We pay property tax so technically we don’t own our houses
How does it work in your country with the sales tax (VAT)? Here the best thing to do is buy coins because they are legal tender and there is no VAT. Bullions are not a good investment here because a 21% VAT applies. Is it the same there?
What exactly is gold/silver used for in postapocalypse?
You mean those Ron Paul ads on Fox News at 3 AM were bullshitting me?
unironically just bought 2 kilos of silver and an ounce of gold. There is going to be a Bank Run this week meaning every bank and ATM will run out of cash. Then, with the threat of the virus peaking, the government will say that cash is a vector of viral transmission and say that we can no longer use it and it must be turned in and exchanged for their newly rolled out E-Currency. The dollar will collapse. Gold and Silver will be safe havens during this transition period to the E-Currency.
yeah nobody is selling actual silver for less than 50% more than that
gold is gay
you stupid mongloids, thats jew gold and jew silver "certificates." a kike scam. it's sold 10x over, just try to turn it into.real.thing amd they will call cops on you. If you actually have the metal you are safe, the actual value hasn't gone down. Soon the dollar will take a shit when thwy start giving money out like it's Venezuela.
They are shorting the fuck out of PMs and Crypto to prevent plebs of having a way to escape the fiat / bonds collapse.
Crypto wil lbe supressed maybe for a month but after that it will moon hard due to constant use.
Gold for a few months too, silver maybe forever who knows.
>hoarding shiny metal like a jew
I thought these commodities were supposed to increase during crisis.
I guess more people are taking money instead.
>NO NOOOOOOO! NOT MY SILVERINOOOS AND GOLDERINOOOS! THIS CAN'T BE HAPPENING MY BOOMER ROCKS ARE COLLAPSING WHEN THEY ARE SUPPOSED TO HOLD INTRINSIC MAGIC VALUE!
That's from forced deleveraging. A ton of traders needed to raise cash to absorb losses from the market, so they're selling off everything.
Something similar happened in the early phases of the GFC.
Woke poster
buy bitcoin cash
>Living hand to mouth like a nigger
Hoarding is a term used by faggots and bootlickers
>poorto rico hurricane'd
>boomer rocks plummet
peter schiff btfo
>NO NOOOOOOO! NOT MY SILVERINOOOS AND GOLDERINOOOS! THIS CAN'T BE HAPPENING MY BOOMER ROCKS ARE COLLAPSING WHEN THEY ARE SUPPOSED TO HOLD INTRINSIC MAGIC VALUE!
i just bought another monster box and 20 oz of gold, im pretty well off and when the jew bucks you all worship are gone there will be only true money left standing.
Go make one, faggot
>fiat currency gets manipulated
>it's the fault of gold
lol
Gold isn’t crashing brainlet, people are just selling on mass because it’s at a high margin currently and they want a quick injection of cash. The price of gold is correcting, not crashing.
APMEX is back ordered
Transportation to unfucked places
>implying starving people will give a shit about your shiny metal
Keep spending that momey user
Will these gold/silver shops honor the price by hedging in futures, or if there's a decoupling they won't be able to
6 weeks is a long time
I'm not gonna resort to using retarded arbitrary trader thresholds to describe what is clearly a crash.
LMAO coins are currently being sold at 40 % discount.
tradera.com
No real difference here between buying coins and bullion. Some people have a fantasy that coins are easier to trade when shtf or they latch on to the fact that when gold ownership was last outlawed here there was an exception made for some coins as if this would protect them if the government decided to confiscate gold again
***BANK RUN IMMINENT***
Banks in Jew York running out of cash.
A lot of bullion dealers go bankrupt for this very reason when there's huge volatility in the market. In my experience in the past they have honored any orders I made.
That's only 40% silver you nigger.
Rember that guy that always posted that Kenny powers gif in the corona generals nd told us to buy gold?
I wonder if he has killed himself yet.
theyre liquidating to buy stonks retards
buy the dip
people are dumping paper gold and buying physical. I hope you know that 90% of paper gold isn't backed by any metal.
This is a boomer fantasy. Banks are getting paid for borrowing money. They are not running out of cash.
>Banks in Jew York running out of cash.
>those digits
>that flag
>thinks those graphs represent actual physical pieces of metal
lagom.
Why would one day of paper price dips make us do anything like that? I've been buying since 2013 through all dips and highs.
This is our savings, not for speculation or quick gains. We are not reactionary bitcoin buyers.
Do you have any gold, I'll buy it for the total collapsed price.
You can trade 10kgs of it for a can of beans.
> Starts sentence with LMAO, not realizing it is a Universally understood defense mechanism/ COPE.
>What exactly is gold/silver used for in postapocalypse?
See the ancient history of civilization retard
This is peak schizo posting.
Keep telling yourself that. If you think the run on toilet paper was epic--just wait.
Doesn't matter that it is 40 % silver unless you go to a dealer who just melt it, normally boomers buy these magic coins for spot price, now it is sold at 40 % below spot. The market for precious metals is collapsing.
Didn't Soros lose a kiketon of money recently betting against the market? He did something fucky that had to do with gold and the stock market and he lost out. Dammit I wish I had saved the bread crumbs so I could pick up the trail again.
>confiscate gold
At that point you are in civil war territory already the government is nothing more than a more organized group of raiders.
>boomer rocks
That is the first time I have heard that and I fucking love it
There is definitely a dollar shortage out there and if it gets worse next week Europe is going to feel it first because the overseas dollars supplies will be the first place the pain is felt
Not buying Gold and Silver is peak denial. An E-currency is coming sooner rather than later. We all know this...the digital age is upon us. Governments want total control over money. An E-currency that keeps all transactions on a public ledger makes it way more difficult for black market deals. Cash is going to outlawed.
>40% silver
>in bad condition
yeah, shut up
Why do the starving people matter? It's the people with wealth and resources who will matter
They will, but it takes time. Gold had plenty of drops in 08 before peaking around 2012
you use it move to a country that hasn't collapsed
>Silver paper price crashes to 8 dollars in 2008 post GFC due to margin calls
>physical price premiums exploded to 100%!! for an American silver eagle
>Paper price then explodes to 50 due to shortages
Fast forward to now
>paper price collapses to 14
>premiums explode to 100% soon
>paper price explodes to 100+ dollars
Yeah well gold was confiscated between 1933 and 1976 and no one here really did shit about it and I assumed we would be just as cucked next time too
Retard.
95% of fiat is digital.
With trillions cashed out of the stock market the ammount that did not went to bonds went to cash.
Even if a small percentage goes to cash i would not be suprised if banks can't keep the atms working.
That said i have not heard what user is saying happening atm.
Seriously, how delusional are you? You really think they'd outlaw cash and crack down on the black market but continue to let you trade gold and silver?