Does anyone invest in precious metals? i.e. silver, gold, platinum or palladium?
Is it viable? Should I start stacking?
t. brainlet looking into investing into metals
Precious Metals
Kayden Flores
Other urls found in this thread:
findbullionprices.com
arg3ntum.com
twitter.com
Carter Thomas
Yes.
Xavier Roberts
Just make sure you take physical possession of whatever you're investing in or else you'd be vulnerable to scams.
Cameron Hall
Just made a thread about gold
Joshua Carter
Yes
I add silver whenever I have some extra cash kicking around.
William Watson
out of your investment fundos, i'd put only about 20-30% personally. its a must have imo, and you know why since your asking anyways, crypto and little fiat. fiat for the same reason as gold. just short term, but long term MAY have YOLO potential scarcity in shtf or mass withdrawl. printing and deliving cash takes time if they ever decide to do so to meet demand, which could be weeks or months.
Alexander Butler
Credits will freeze when the next recession comes. Banks will halt all transactions and or limit funds withdrawals. Lines at the banks/ATMs will be longer than the lines at Disney World.
Prepare user. The unfathomable is coming
Connor Gomez
Just to add, when holding FIAT always keep a good portion of smaller bills. In a SHTF situation most people will not be able to make change.
Samuel Bell
>silver
Most undervalued asset on the planet.
But it's price is suppressed by the jewish banking cartel. As long as they will control the globex market, the price wont move.
Historically gold : silver value ratio was 1:12, it's 1:82 today.
In the earth crust the ratio is 1:9 (1gr in each 12 tons).
On the surface, there are 6 oz of gold existing for only one of silver (because of its massive industrial use and the fact mining silver isn't worth it at the actual price).
There are 180 ounces of paper silver for each physical ounce on the exchange market.
Price of silver was the same in $ in 1918 than in 2018. Dollar meanwhile lost 98% of it's value.
It's the most shorted metal on the futures since 30 years.
Nolan Lee
The spreads are too high for physical. If you can buy silver or gold at spot price, do it. If not, stick with the ETFs.
Andrew Thompson
Based
Hudson Jones
Plenty of opportunities to buy at or just a bit above spot. Letting the spread stop you from buying physical is a BS meme. Wtf you gunna do with some paper silver that you don't actually fucking own?
Samuel Lopez
>muh spread
Lame excuse.
Colton Reed
Where do you guys typically buy your silver? Is purchasing online a bad idea or do you all typically hit up a local shop? Extremely interested in investing in a kg bullion or two. tanks
Liam Bennett
I personally shop the big mints for the best deals.
Provident metals
Golden state mint
JM Bullion
Monument Metals
All those are good places and always have some kind of just over spot price deals.
Also I will pass on a link that another user passed on to me for silver a spot price deals to get started out. findbullionprices.com
Eli Russell
Go to a physical bullion store, shipments often get stolen when you order online, it's happened to me before, thank god I had insurance.
Those online dealers are good but again I recommend going to a brick and mortar dealer
Levi Adams
These threads would be at least vaguely interesting if even one fucking user posted a single photo of their stack
>t.nonstacker
Jonathan Roberts
The world may end & you could die
Benjamin Bennett
why aren't you stacking user?
Jayden Mitchell
I always post mine but I don't want to post the same pictures all the time.
Jonathan Torres
Trade XLM for silver, physically go pick it up in Canada
Julian Ramirez
Just buy PHYS
I guess I could go get real gold but I don't have anywhere to put that shit
Jacob Richardson
Praised. Amen.
Cameron Rogers
theoretically if i bought physical silver how would i even sell it, what is the process?
Camden Gutierrez
Check itm trading on jewtube
Matthew Gomez
If you buy coins on sale, and buy enough for free shipping it's negligible.
Ryder Evans
It’s not much, only 16oz. I’m hoping to having at least 50 by the end of this year along with a few grams of gold
Anthony Wood
I invest in lead. Lead will make gold, silver, paper, coin. The weak should fear the strong.
John Martin
not much just 14oz
Will add 2 sealed tubes next week boyyyy
Michael Johnson
After being shilled on precious metals on Jow Forums and Jow Forums I started looking into it. My northern europe countrymen obviously don't know shit about silver, because I find ads DAILY from people selling silver coins and such for literally half the spot price. I don't know why, but it's a fucking gold mine so I'm buying every ad I find below spot price. EZ
Brody Walker
lol who will want to buy 2 silver bars from you, enjoy high spread
Jace James
Just picked up another 21 oz yesterday during the low hours. Holding about 70 ounces now. Best way to buy billion is online and as close to spot as possible. I’ve got a good relationship with my local bullion guy so I get good rates but the internet is going to be cheapest if you can avoid shipping cost.
Elijah White
Even with shipping cost, online is way cheaper than buying localy.
Grayson Collins
but it leaves a paper trail goy
Jace Barnes
It was probably me doing most of the shilling to you.
a gold ounce 900 years ago is still that same ounce of gold today doesn't matter if the dollar exists or not.
Jace Jenkins
I heard yuropoors have to buy bars to avoid vat
Jordan Diaz
>how to buy fake silver ITT
Charles Williams
That's why I bought my forst stack user OTC
cheapest 1oz price online: €15,54
cheapest 1oz price local dealer: €16,7
Wait just checked.
buying user at the local dealer would cost me €20 more + ~2h there and back.
Hmmmm should be worth it to be user (except getting tracked by phone and maybe cameras).
Gold - no tax at all
other metals
coins 7% tax
bars 20%
Luis Sullivan
You need to build the foundry in Township
Alexander Hall
correction:
only silver has 7% tax on coins
other metals the full 20%
Levi Kelly
>I bought below spot price
>I'm investing
Hey you know that the spot price changes right
Levi Howard
$GLD is fine for exposure to gold but not for doomsday/government insurance
Ethan Morris
yep, and the banks are already hedged if this ever blows up, i.e. JPM owning like a third of all physical silver or some shit.
Josiah Myers
>being a coincuck