Welcome to /pmg/ - First Edition! >Introduction This is an inclusive thread for all precious metals discussion that pertain to investing in gold, silver, platinum, and palladium, for coins, rounds, and bars. Other metals (like copper) are welcome as well. Physical possession is always recommended. Please keep discussions civil and evidence-based, and refrain from unnecessary ad hominem arguments. If you prefer crypto over PM, that's fine. If you prefer one PM over others, that's fine too. Just remember, all precious metals are precious and have their rightful purpose in both industry and investment. A good strategy should be to diversify and have as many PM's as possible.
Most charts for crypto's the past year would look far worse. That's not a good indication of how well either will do in the coming decade.
Jayden Nelson
I buy both silver stocks and american eagles
Nolan Perry
i will start buying silver under $7
Kevin Nguyen
Jews love that you think they are garbage rocks so they can continue stealing your wealth through inflation
Bentley Sanders
100 oz is not too small.
After the fiat/deflationary collapse you will have the equivalent of 1,400 days wages.
Since historically a day wage equaled a silver piece the size of a silver dime. And 14 silver dimes = 1 ounce.
It'll actually be more than 1,400 and more like 5,000 days wages because of the massive manipulation and there's much less silver available and billions more people on the planet.
With 100 ounces ( transferred into the new currency) you'll probably be able to buy an apartment complex without a mortgage
Angel Sullivan
Dollar value of silver does not matter. After the bolivar failed one ounce of silver buys You 3-4 months worth of food on the black market
Anthony Martin
100 ounces is a great start. Try to get to 500 tho
Kayden Garcia
i remember you from the other silver thread also your id is kek worthy
but really why would there ever be a serious fiat/deflationary collapse in the united states its too propped up by jews and rich people
If the K is my ID had been a G, I would have absolutely lost it
Brody Gomez
Manipulation works until it doesnt. We've had 0% interest rates for almost a decade. This must end in economic ruin.
100 ounces will be a small fortune in a deflationary collapse.
People in the past earned the equivalent of a silver piece the size of a silver dime throughout human history.
Today some shmuck selling insurance might make 200$ a day..... which is the equvialent of like 15 ounces of silver if he converted it to silver. That flies in the face of all economic historical reality.
For someone in the past and even in many parts of the world today it would have taken those people like 200 days of hard work to amass 15 ounce of silver. And some asshole selling insurance jerking off in the public restroom twice a day is able to make that in a day.
Professions like lawyers make artificially high incomes off the backs of real goods producing Americans through inflation.
It will come to an end
Adrian Scott
>not adding uranium >supply draining >supply shock due for 2019/2020 >spot price already reflecting that >US based miners set to 1000bagger mode
ARE YOU GOING TO SELL GOLD TO A BUNCH OF MIDDLE AGED ZOOMERS
HOW >HOW HOW >HOW
???
Adam Williams
Um, you can sell your PM's to APMEX for close to spot at any time.
Nathan Anderson
I've never bought any precious metals before but I've recently become interested in acquiring some. What would you guys recommend for a beginner like me? I thought about getting some silver since it's relatively cheap. Thank you!
are PM ETFs even worth it if i don't want to spend the time to buy the actual thing?
David Thomas
Get some old swiss/french 20 franc gold coins. They are pretty cheap and a great way to start out in gold. Apmex silver round and American Silver Eagles are probably the best bang for your buck in silver (in terms of being able to sell it later down the road).
Kayden Murphy
I like the PAMP Suisse lunar series. if you are going to buy gold, get something interesting to look at.
Parker Robinson
Just bought a queens beast 1oz gold unicorn off ebay. Paid 1322 but I got 100$ in ebay bucks and 13$ cash back onto my credit card so I paid about 10$ over spot for a collectible piece graded ms69. The ebay bucks will buy me a 100$ gas card so the cash will come right back to me next month. Your Welcome
Jacob Richardson
I sold some silver to buy it but dont worry I made money on it. As time went by these silver pieces became collectible so I got 1.75x spot price for them. basically traded them at a ration of 48 to 1 for the gold even though the ratio is at around 80-1. You see guys collecting is a hobby and sometimes you can sell some pieces make a little money and search a new piece out you think will appreciate. The problem is you will get attached to some of them but silver is easy to sell gold not so much.
Brandon Brown
on r/pmsforsale you can move any silver or gold at spot
James Reed
Smart money is already buying with their crypto gains.
Yes. I possess precious metals in many forms: physical possession, allocated storage in a Swiss vault, and through an exchange traded trust. If you want to buy and sell precious metals on the stock market exchanges, look at GLD, SGOL, PHYS, SLV, PSLV, or CEF. I have roughly equal amounts of money in gold through physical, allocated storage, and PHYS.
Angel Cruz
enjoy your electroplated turd
Levi Kelly
If you don't physically hold it, you don't own it. Don't kid yourself. The last thing you want is to own leveraged PM, because when everyone wants to withdraw at once, the people "holding" it will just fuck off with all of it for themselves.
Hunter Cooper
How can I take you seriously. Your I'd pretty much is calling you an autist kek
Jayden Walker
he said the same exact copypasta thing in the silver thread i made last weekend.
David Ramirez
i view crypto as new currency during a collapse. but i also view silver as something like 0% interest CDs. Have $1000 worth in 1 ounce coins. But thinking is if you have silver for the great happening then you should also have an assortment of guns
Lucas Peterson
What if you have enough for any happenings? Couldn't you just buy gold and silver stocks to buy low, sell high if you feel like the actual collapse isn't happening for a few decades? I don't want to buy and sell for dealer fees and I just want to treat it like another stock.
Dylan Ross
Can you tell me about these stamps at all silveranon
Can we add some pasta for future OPs containing these things, written out nicely:
PMs are not an investment to get rich quick You will have them long term so you will put in money you won't need soon. >beans and ammo, everything else is stupid You want food/weapons/ammo, crypto, stocks AND PMs if a collaps in any form happens.
Elijah Foster
Preppers/stackers are fucking retards and will sell at a loss because there has never and will never be this mystical end of days.
Even if there was, it would be a mass extinction event in which case nothing will help your dumbass.
Cooper Howard
Look over to america after some nature disaster happened, non-natives with maximum melatonin are looting the streets and all shops and society is down for a week. Food to get over that time is important, weapons too, PMs not in such a short time scenario. Like always, going full blown, 100% all-in into one thing is stupid, but being prepared is not.
Kayden Gomez
Because when you do that you're trading a commodity being actively traded by two very different kinds of people: industrial users and doomsday preppers. Good fucking luck managing that risk (very fat tailed). You'd be better off trading other commodities that aren't actively hoarded by governments and preppers.
Asher Johnson
probably not in this lifetime no. but it never hurts to be prepared. 12 gauge shotgun and a good .45 or 9mm pistol plus at least 100oz of silver+decent holdings in crypto and youre good
Jace Perry
this
the blacks will rob and loot everything. the native americans do the same shit too.
Owen Powell
at least europe .... wait, last year germany G20 event, massive riots and blacks lootet and destroyed the stores, in germany.
Fuck
Cooper Jackson
same shit would happen here in america too but on a whole other level especially in giant cities like los angeles/miami/phoenix.
Camden Hernandez
I love the idea of prepping my goals are 100+ acre compound 100k+ in guns and ammo 1 year worth of MRE per important person at my compound
how much PM should I stack? I have about 18 oz of gold and 370 oz of silver so far I have a little over a million in stocks + crypto if we get another bull run ~50k per bitcoin I'm buying the land and farm equipment on the spot
also what the fuck is up with the PM prices? Right now they're the cheapest they have been in a while
Brandon Cruz
That IS already happening since forever in the US. It is sad to realize that this is happening in europe now too and it is not done by the natives.
strong dollar, stocks and economy seems like there is everything in a bubble right now. So no need for PMs it seems.
Adam Butler
thats a nice price for bulletproof armored. you have a good plan and definitely the finances to pull it off. nice job.
Jacob Gomez
>industrial usage and preppers are bad That's what makes it predictable. So long as there's recessions, govs will dump during the first year (before they actually admit it) and then try to milk the pump right after when governments miraculously realize everything isn't on fire (before the recession is officially over according to our god and savior, the MSM). That way, I can increase my gold and silver happening stack in the long run for those 'great depressions' and regime changes. What other commodities will I be able to do that has all of that sweet, sweet emotional money?
Colton Morris
Dude the goal is not to sell your PM. When we restore PM standards to back money, the buyers will be sucking our dick.
Asher Parker
Because "the man" knows how to protect his assets. He uses the corrupt financial system to take away your money. All the people invested in crypto and the market will someday be worth nothing and they will become slaves. Those with property and PM will eat.
Logan Wilson
What do you buy, bars, coins, collector versions?
Wyatt Hill
Coins are better than bars because they're easier to sell or trade. Semi-numismatic coins are good to have if you know what you're doing, but it's always good to have bullion coins like eagles or maples in case you need to sell fast and don't have time to find a collector willing to pay what it's worth.
Aaron Brown
>100 ounces will be a small fortune in a deflationary collapse. >Manipulation works until it doesnt. We've had 0% interest rates for almost a decade. This must end in economic ruin. >Professions like lawyers make artificially high incomes off the backs of real goods producing Americans through inflation.
Probably want supplementary food for non-important persons so they A: Don't leech from your important person supplies and B: Don't need to kill non-important persons to preserve food. People forget how preparations go out the window if they fuck themselves mentally- make sure to have books and whatever for entertainment to keep yourself sane.
Matthew Walker
As a guy from EU, i would think that buying an armored car would be paranoid.
But then i remember that this is probably America and considering how many problems occur with guns, it is a good idea.
Which reminded me that we should all buy assets that are favorable for our geographical location, because the things you would buy in America, would be different than those in Asia for example.
In a crowded country you might want more control (guns), but in a deserted are you want more preparation (food, water).
Nathan Martinez
Youre a lost cause. Remember, you will die poor
Joseph Foster
The questions is, when to buy land? I say hell no at the current prices. So what do do? Hoarding PMs/Stocks/Fiat now and wait for the crash that may come the next years and then invest in land?
Ayden Rogers
remember any (according to the media) peaceful leftist/antifa demo (payed chimpout by the elite) at which they smashed car windows and threw pyro inside to burn down any car from the evil elite (the poor working class)?
You live in a bigger europe city? Peaceful antifa protest may come to you soon too since every single white european citizen is a nazi and they must be protested against.
Jaxson Stewart
Interest rates are going up, and will continue to go up, why would anyone buy precious metals right now? they havnt reached bottom yet.
Silver was around $8-$10 during Bush Jr. era when interest rates were 6%-8%. We will see those numbers again by 2020 easily.
Henry Davis
I am in the east part of EU, so there is less of that leftist/antifa crap happening.
Definitely a smaller city. More slav.
Although we have our share of mafia at some places. As of current years that seems to have gone down.
Russia might be a bigger problem.
Lincoln Morales
Why would shiny metal be valuable to anyone but simpletons?
People in the UK buy sovereigns to avoid value added tax. People in the US buy eagles and in Canada buy maples because they are more recognizable to the local population. Bars from some random mint can easily be faked and need to be verified as real before anyone would risk buying it.
Adrian Johnson
All bullion needs to be verified as real before buying it.
Grayson Harris
fortunately the specific speed of sound test is pretty cheap today and pretty fool proof.
Angel Smith
You don't need to drill a hole in a coin to do it.
Dominic Lewis
There's been a lot of issues with fake bars making their way to distributors. Plus, the premium difference isn't that great, especially if you go for rounds. And coins/rounds are much easier for transactions. You can't break a 100oz bar into 100 equal pieces, well at least not easily.
Lincoln Thompson
Good point. I test every coin that I buy with my RINGS system. I'm working on a web interface for anyone to use.
And when you test a coin, this is what you want to see. The first three modal frequencies should line up with the theoretical vibrations for a disc of that size and composition. This is the output of audio spectrum analysis for a Swiss/French 20 Franc gold coin. See how the three peaks on the graph line up with the theoretical frequencies.
>And coins/rounds are much easier for transactions if you came to my business with a silver coin i would give you like $5 for it if i don't tell you to fuck off because i'm in a good mood. not because i'm an asshole but because of the hassle to make money of it is just too much. i could get maybe $11 for it at a trader and it's a fucking hassle.
Isaiah Roberts
APMEX will pay you $13/oz. Fuck off.
Jace Lopez
bullshit there are steep handling fees everywhere especially with low volume.
Juan Green
Nope, APMEX actually pays fair market price just below spot on gold and silver. I have had to send some in recently for a family member so I know what I'm talking about.
Josiah Flores
too bad i can't use apmex then. here there is not a single service you don't have to pay handling fees and also pay for delivery if you don't take your personal time. no matter how i look at it shit is fucked.
Dominic Gomez
so...the appeal of PMs is that because they have many industrial uses, and because of their relative rarity, that the allure of buying them is because of the hedge that in the future, their prices will remain relatively stable? is my brainlet understanding correct? is that it?
Bars and generics are the top target of fraudsters because it's as easy as making a mold. The chance of an eagle being fake is slim as it's treated like an attack on the state.
Aaron Wilson
There's a Chinese site that sells fake eagles that are quite convincing to the untrained eye. Along with rounds, bars, numismatics. Always always test no matter what you invest in.
Hunter Hill
is there still a risk of getting a fake if I buy from something like jmbullion?
Elijah Campbell
There's less risk when buying from a major dealer because they usually test their merchandise. Keyword: usually. I still test just for the peace of mind regardless of the source.
Dominic Taylor
kuck face is so hideous its repulsive
Wyatt Martin
any good deals on gold/silver from online dealers?
LibertyCoin and SilverRound have the lowest prices if you're paying with CC. If you want to pay with bank transfer or check then APMEX is probably best.
Eli Price
I hope you have a platoon sized militia or at least a decent squad to patrol and secure all of your assets during such an event. >100+ acre compound Why? You plan on growing more food then necessary to sell off excess? Ranching? The more acreage you have, the more land you have to secure. 20-50 acres is good enough for most people to support themselves and a small militia made up of family and friends. >100k+ in guns and ammo Again, overkill unless you are supplying a very large militia. >1 year worth of MRE per important person at my compound >MRE Canned meats, veggies, fruit and bulk rice/flour. MREs are garbage food to eat everyday. And that is only until you have self-sustaining agriculture. >armored vehicle >only protects against 5.56/7.62 Nearly worthless. Know you enemy user. The people who are likely going to want to kill you have access to .50 BMG weapons and .338 Lapua rifles. Both of these weapons have AP rounds available that will easily defeat your vehicle. Better to invest in a small fleet of lightly armored pickups and have you and your guys ride in those instead.
