/PMG

But I like gold

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The Hunt Brothers learned this the hard way. The (((people))) in charge set the rules then change them when the common man starts winning.

Silver is the better value play. Its criminally undervalued.

Just know this. JP Morgan has the biggest stash of physical silver and they are for the first time ever net long.

Its going to pump harder than your mom getting fucked in the ass by bbc.

Dubs and trips
Fine, I guess I'll acquire some more of that Ag. Do you have any redpills on JPMorgan's silver stash?

>legally binding
Get a load of this goy
You really do believe the government that is bankrupt will be working to get you back some gold that never existed in the first place

based and checked. switching gold stash to silver stash.

I have 1oz gold and 120oz silver purchased for about $14/oz
Supposed silver moons 10x, do I sell it? I am assuming society isn't going to collapse and fiat and government will stay around.

What do you boys know about platinum? Also about an all time low in gold ratio price

Personally, I'm not selling until I see some resolution to the massive government debts.
Price doesn't matter to me till then.

q predicted this

So, you are waiting until fiat gets some kind of reset, or at least acknowledgment of insolvency? That would be a massive spike.

I'm interested in getting some of that. My only concern is platinum is almost entirely an industrial metal and I don't think its uses in industry are primed for growth.

Yeah, the point of buying metal for me is to carry and grow value over from the current system to the next. Selling before that happens at any price defeats the purpose.

I see. So thats the store of value idea right? Just thinking this out, let's say $1,000 purchasing power right now but stored as silver could become something like 30,000 in the "new dollar" but all prices would be adjusted 30x. Cash savings would be wiped out but physical assets would still have a valuation. Feel like their valuation would likely increase more than the reset multiplier too.

Pure store of value is my minimum expectation. In reality, when people rush into an asset, the value of that asset also goes crazy. Not just the price as measured by a depreciating currency but the also the price as measured by goods and services.

I think jewelery still makes a decent amount of the demand, but yeah the industrial demand doesn’t seem to have been strong lately, hence the price decline. You know how this shit works though, when they have their bags packed we’ll start hearing about platinum demand rising, blah blah and then they’ll ride the pump and dump at the top. It’s easier not even to think logically, just think in terms of cycles.

14 kilos of silver and 200 grams of gold.

>Futures contracts are legally binding so they literally have to have the gold, and ETFs need to actually have the gold or hold an equivalent futures position.
You're cute user.
There were companies that charged people storage fees for their gold yet they never even had it in the first place,of course that was only unveiled when the crisis hit and all tried pulling out at the same time,basically a classic bank run,banks knew that they only need to have around 10%of the money they claimed to have stored at any given time since most customers are happy knowing it's there,the excuse for creating the fed was to stop bank runs from happening.

That's a good point. Compared to gold or silver though i'd say platinum is much more speculative. I'll probably buy some after i'm comfortable with my gold silver stack.

Imagine being wrong every day for the past 35 years

I think im just ganna buy silver and cryptos in 2019. no stocks until theres a sufficient dip

are there any safe banks or brokerages to use?

Imagine you being wrong once.

Do you guys have safes or something secure for your metals? Robbery and the govt confiscating my gold like 1933 are concerns of mine

not a single dime of pm's were confiscated in the 1930s.

Only one person ever got in trouble because of the 1933 ban and the courts let him go. When it comes to keeping it safe, secrets are better than any vault.

is it better to buy gold/silver stocks or bullion? seriously considering putting most of my savings in gold before the crash hits in 2020, but metal stocks seem waay too volatile

>real money
>can't actually buy things with it
ayy, good ol' goldshill fud.

its the only currency that if you go back in time to any point in history you could trade it for physical goods. every other currency has an expiration date

Seeing normalcy bias called out is always satisfying. Nicely played.

Do a mix if you're unsure. I prefer bullion because I know it's real.

Normies preferring being paid in a depreciating currency means jackshit. Their preferences will change soon enough.

whats the risk that the company will just seize whatever i own if the shit hits the fan? sounds paranoid but i assume the government will have little interest in enforcing contracts at that point

>its the only currency that if you go back in time to any point in history you could trade it for physical goods
I can't trade it for physical goods now.
>things goldshills have been saying for decades

There's no risk if you keep it yourself. If you choose to vault the metal with a vaulting service then well, who knows. Best you can do judge their reputation in the moment.
Another way to reduce vault risk is to store your metal with a bunch of different services.

>now is all that exists

Now is what is relevant as to whether or not something is money. 'Money-ness' is not an intrinsic property of things.

>keep it yourself
like actually physically store it on my property?

>Now is what is relevant as to whether or not something is money
are you really saying hyper-inflation scenarios dont exist?

No, and I don't see how you can even get that out of what I said.

>Now is what is relevant as to whether or not something is money

That's correct. And?

>Only 10
user I have great news for you

The difference between money and currency is that one's supply is controlled by the government and the other is not. Any other considerations, aside from the fundamental properties of money like durability etc, are irrelevant.
Paper hoarders will learn this lesson soon enough.

Currency devaluation schemes have been a thing for centuries,just because nowadays we have the tech to make the lie last longer it doesn't mean it can't go tumbling down as it has always done in history.
Just because the past 60 years make it seem like all that has ever happened in human history is obsolete it doesn't mean that this particular scheme hasn't been tried over and over before with always the same results.
Maybe it won't happen in that case I won't be much worse off and I'll be able to have a barbaric relic from a past time that I'll always be able to sell to OCD retards wanting to have coin collections,but if it does happen I'll be glad,I'm buying peace of mind,same way people buy guns for self defense,you buy them in hope of never needing to use it or when things are going to shit.
You can invest in more than just PM of course but i do think PM will have value when the chinks pull the plug off the dollar

what are your thoughts on gold storage? do you think storing it with a third party is safe?

It is completely up to you.

Personally if silver goes past $150 I still will hold on to it as savings.

we could still be in for some serious shit after that

If the bank failures are severe enough we could be talking about the US printing the Dollar into oblivion to pay all back all the Treasuries to US citizens first then creating a new "treasury dollar" backed by gold and allowing US citizens to turn in what cash they have saved into the new treasury notes at some ridiculous exchange rate like $100,000/oz of gold equivalent in new Treasury Notes. Then repeating the process for all foreign holders of US debt allowing them to turn in old USD into TRN at 10 million to one oz.

That would be the endgame of the old USD and the start of a nationalist TRN.

It would also be the end of globalist control of the US money supply.

ive heard the chances of it returning to the original 20 to 1 ratio are small because it only ever achieved that number through market manipulation, but it still has a long way to fall from 80

fuck thats the dream scenario for the gold bull. what do you think the odds are realistically of that?

I would never want to store my gold & silver where I didn't have 100% control over it all the time.

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silver could correct back to 10 to 1 or less if it gets enough momentum, but it would likely correct back to 20 to 1 shortly after

Banks are 100% fucked.

The question is how the gov'ts are going to handle the collapse.

The scenerio I posted is best case... If they do nothing, bullets may be your best investment.

>If they do nothing, bullets may be your best investment
oh boy...

Nope,i have most of it literally buried in some family property in a village with less than 50 inhabitants.
If I were a rich fag and had kilos of it maybe I'd do something different but i wouldn't trust others to store it safely desu
I do have a few silver and gold ounces at home,i want to buy fake gilded chink shit and put them in some "hidden" normalfag spot like under the bed or so,my guess is if I get robbed most nogs will think that's my jewgold and be happy meanwhile the real ones I have them hidden in some safer places.
For the average Jow Forums user i suggest sacrificing some fleshlight as a safe,trust me nobody will want to search that or take it as loot

what about looters and shit? also if its stored at your property how do you safely take it from your house to the market to exchange it for shit?

You know the drill. If you don't hold it......

don't store it at your house.

go innawoods and diggy hole like a true pirate

> Bizlet poorfag thinks he can predict the exact year the banking institutions fail, but doesn't think they would have a replacement in mind already, and thinks people would want to buy his silver bars in exchange for food, water, ammunition, fuel.

What the fuck are you going to do with your silver when a bunch of hillbillies come riding up on you in pickup trucks with shotguns. Are you going to offer to buy some of their wares? Complete fucking idiot, think this through.

i mean i still the think all the "right people"(military folk, cops, conservatives) own the guns and military equipment. at the end of the day all that matters is who holds the guns

and these people will have an interest in seeing order restored

thats sketchy af lol

That fucker weighs 400 pounds empty. Good luck getting it out of the small room (more of a closet) where it is with one or two guys with my alarm company calling the cops.

They suggest owning not only beautiful new shinny rounds but old junk silver everyone has thus you won't attract so much attention as a guy with a silver collection.
I have a core of junk silver I'm not willing willing to sell as an insurance while the shinny stuff is basically for profit if I see it going up.
Thus if it is just some spike I'll make a profit and if it's a FUBAR situation I'll still have money to go by and fiat to buy more survival shit or get my ass out of here before normalfags realise it's useless

idk i just dont see this level of disarray being realistic. this isnt africa (tho we're trending in that direction)

I don't store my PMs anywhere near me.

There is nothing worth stealing at my house except nigger tier petty theft items.

The government probably does have a replacement currency in mind already.

No I don't think I will barter silver for water and food dipshit.

I will sell silver in whatever currency exists after a total banking collapse.

inb4 "can't eat it"

you low IQ having mother fuckers don't understand that people are still capable of understanding value as a collective even if shit hits the fan

>gold
>real tangible wealth
silver is a proper commodity. it's far more useful than gold. gold is just like bitcoin. a scarce resource that has nothing inherently useful about it besides scarcity.

It works

gold is highly reusable, durable, used in electronics. to suggest it no inherent value is ludicrous

Yeah I am not worried about total anarchy like so many looney tunes "preppers" are.

There may be a few months of martial law, but order will be restored ASAP.

my thinking as well, tho demographics are an important consideration. i live in cali rn and hispanics could turn violent much more easily than whites and asians in a collapse scenario so best to find oneself among them if things go haywire

im considering moving somewhere in the PNW

Gold lack of uses compared to silver is an advantage. Imagine if silver goes up 20000% How many people will be able to afford the products it's made from? Few, meaning the demand of silver will go down. Silver can only be so expensive.
Gold on the other hand can be as expensive as it needs to be to soak up the value of all goods and services produced.

19 yo boomer checking in
I stack ASEs, closest I can get them from spot at my LCS
Remember: if you don’t hold it, you don’t own it

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>but it comes out of the ground at 10:1
BUY BUY BUY

its big and getting bigger, +600million t.oz
they havent lost money trading silver in like the 10 years since taking over the Ag rigging, impossible run
read ted butler's write-ups. we are living in a open fraud

the market can be irrational longer than we can remain solvent

>go innawoods and diggy hole like a true pirate
im buying an old style chest for my booty, gotta go for the total aesthetic

If the economy in China collapses what will happen to gold and silver? I can't decide if it is more likely that the government and the citizens will start buying PMs like crazy or will they sell what they are holding to get cash to pay for things like the military.

They're already buying gold and silver like crazy. In particular, instead of selling US treasuries, they're letting them mature and using the proceeds to acquire physical gold.

You sound incredibly uneducated.

nigger nigger nigger nigger nigger nigger

Silver true price at over $1,000/oz. they kept the derivatives futures ponzi up for way too long. Once this is unveiled silver is going to the moon. Don’t sell at a 10x.

I wonder why JPM has 800 million physical ounces, why shorting silver on the paper derivatives futures market? Oh right they want to keep accumulating at the severely low prices that they fixed themselves. The futures derivatives market was supposed to follow the physical commodity price. Instead, they rigged it to do the exact opposite. These crooks are going to get fucking rekt soon.

This is a must listen for any REM holder

youtu.be/wLqH12A9UT0

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Based! Just picked up some 2019 ASE’s the other day, these shits are going to have meme value under trump admin, just like the overpriced reagan ASE’s
Everything goes to shit and REM moons

Silver>gold

Like 0.04 cents of gold is used in each electronic, silver dwarfs gold in real applicable industrial uses. But any REM holder will make it regardless.

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Cute kitty

>caring about optics for your survival
>not gonna make it

Here we go with the doom and gloomers thinking that society is on the verge of collapse. Yeah cuz the last thing the so called "elites" want is for society to go full retard. Get a load of these conspiracy theorists, it's a hoot and a half.

Begone cryptocuck. Chads are discussing assets.

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