2oz gold and 135oz silver. What do I need to add and by when?
Pleb-tier stacker here
fugg bro that's a nice suicide stack.
That gold alone can get you far. But Idk. Gold was trading at about $340 BEFORE the recession. Now it's fucking quintupled in price.
These are some weird times.
Don't sell. The government can't take it from you or clip it like the Romans did. You will inherit the earth when it goes tits up, fren.
>t. only 63 oz of silber:DD
All that will buy a loaf of bread next year when the SHTF.
Thanks fren. Sell shit you don't need. You'd be surprised.
Why is shit hitting the fan?
based
I have basically the same amount of gold and silver + some gold stocks
Nice. You looking to increase?
yes I have cash on the side, about 75% of the capital I planned to allocate to this metals based portfolio ( gold/silver/miners) is already allocated, 25% in cash.
I plan to add the rest on a pullback, gold looks like it will revisit $1400-1450 soon, as the run up in the last 3 months has been insane. I plan to allocated to remaining 25% cash this way:
40% physical gold
40% GDX ETF
10% physical silver
10% GDXJ ETF
what about you user?
the m2 backed by gold is $60k
More like 6 months of food for a few ounces of silver
holy fug there's more thanONE Dollar?
I need a QRD, user
>The government can't take it from you
Yes they can, and did once already. Read up on FDR's Executive Order 6102
yeah no fuck that jew
c u c k s existed back then as much as they do today. Why the fuck would ANYONE willingly turn in their gold?
Just fucking bury it dude lmao.
Why the country didn't hang him after that is beyond me.
You'll turn it in too when armed goons come to your door lmao. They will literally search all over your property for it. Meanwhile they can never find the private key to my bitcorns.
this has never happened and is in clear violation of the Fourth Amendment.
However, once that shit starts happening then it'll literally be Civil War 2.0.
All these Jow Forumstards and Jow Forumsommandos are jonesing for one.
Sure. Have fun fighting the most militarized police force in the world while I sit comfy on my crypto.
retard there won't be an internet for you to smug post once this shit hits the fan.
the grid will be the first thing to get sabotaged if shit ever gets that bad.
Everyone always talking about gold and silver. Why doesn't anyone buy platinum or palladium?
I just starting stacking this month. I only have a 1/4 oz of gold and like 30 oz of silver. I’m worried I’m going to spend way too much on this. I don’t make that much money to begin with.
>hitler digits
well, they have never been used as real money. However they fulfill all the roles of real money and we just thought it'd be nice to make them into said money. Platinum is very low right now. During the last recession that bitch skyrocketed to over $2,000 per ounce
Is it worth it to buy 1/10 gold eagles?
maybe if ur a collector of numismatics. The premiums are retarded and you'll end up spending like $300 plus for the same ounce of gold.
It's (((affordable))), which is how they get you.
Go big, or go home.
I have a wall in my house that developed a leak. While I was fixing it I put my metals inside the drywall. Am I going to make it?
The only money you ‘spend’ is the premiums you won’t get back, try to keep them to a minimum! Any other money is just converted into a different source of money you can never be poor if you have gold and silver
Should I just stick to manly silver and add small amounts of gold whenever I can?
yes, gs ratio is at 90 while the supply ratio is at 10
Another question, does it matter between minted coins vs generic rounds?
Minted coins go for more in premiums and are more trusted by buyers. Rounds are just for selling at/near spot.
Rounds = more money for your fiat
Coins = price appreciation
Nice. I'm also waiting for a pullback but will only be purchasing silver while it's under $20. At least while the ratio is where it is these days. I personally don't purchase ETFs. Maybe a few years ago but not now. Seems like a gox moment waiting to happen.
Silver is silver. I go with generics.
serious question:
I live in a thrid world country, so the only way to purchase precious metals is by phisically going to a bank or a mom and pop shop.
The thing is, its very common here to get robbed when withdrawing large ammounts of cash from an ATM. I would imagine that carrying around massive ammounts of shiny coins would only attract even more niggers.
so, how would i go around transporting gold and silver from the bank to my home? breifcase? dont wanna get chased around by some fucking street theives
OP here. ID changed.
>thinks that if a civil war breaks out he will sit at home with perfect living conditions and internet to boot
Yeah, no, better hope that doesn't ever happen or the last thing you will be thinking about is crypto lmao
This is true, I would say it depends on recent price action, though. If the price is low and has been holding, go with ASE.
Fiat money printing has transferred almost all human wealth to the (((banks)))
Normally gold and silver (having an inverse relationship to the value or strength of fiat) should have mooned. But various (((banks))), chiefly JP Morgan have kept the prices down with a fraudulent paper market.
Unluckily for them Putin took Russia back from the (((oligarchs))) and is making it strong again. This stops the NWO from being complete and is why the (((press))) is constantly kvetching about (((muh Russia)))
Also Russia and other countries are adding gold and silver reserves as fast a they can.
Little will happen until it does. Then it'll be stratospheric.
As to timescale it's hard to say. Could be months. Could be years. Won't be decades though.
Isn’t there difference in tax reporting or something when you go to sell if it is considered currency versus a generic round?
Based and High IQ.
Also it should be noted that gold sales are at a 16 year low this year, despite gold making a run.
Primarily because the same people that usually buy gold are conservatives, but they arent buying under President trump becausr he keeps telling them how good the economy is. Allowing banks/investors/hedge funds to slowly stack behind the shadows. They can only keep the priced suppressed on gold/silver through futures for so long. I agree it will be less than a decade before this shit comes crashing down. Probably not until 21’-23’ at the earliest though. FED will keep cutting rates to zero and keep QE’ing. Then we hit hyperinflation like never seen before
trump is spending like a nigger and fed funds rate is 2%
wish I had more money to buy silver. Any thoughts on copper? High premiums, but holy crap it's so cool
Buy small amounts at a time so if robbed not totally wiped out. Never use the same ATM or time of day to buy at the store. Take different routes and transportation methods to atm and metal store. If anything looks shifty just keep walking. If you take a taxi dont get dropped off at atm or store. Dont park near it.
Dress inconspicuously - we call it the Gray Man look
Store in small pockets sewn into pants hidden in leg.
Have a small wad of money ready to give up if robbed. Maybe carry some jewelry if they see you leaving the store so you can say you bought that instead.
Buy in a different town. Maybe actually befriend the metal supplier so he can help cover you, show you a rear entrance to store, etc.
Will the fed cutting the rate tomorrow and the QE cause gold to drop? Thinking about picking up a 1oz American Gold Eagle to add to my stack
No it will cause gold to go up. They are cutting rates again next month. Might as well pick up your metals now while its so cheap
Cuckstack here
Need more gold
>sold stacks to buy a dirtbike
It hurts bros...
Question sir
Why are you putting your silver in capsules?
My though was that IF Russia were controlled by (((them)) they could have totally bypassed metals with a near total control of all banking.
Russia broke free, then stopped Syria falling and is backing up Iran. This gives other countries the courage to fight back too.
Without this we'd have had a chaotic period of Western countries being genocided and then some godawful new fiat system that fucked everyone.
Luckily we've avoided that and the (((elites))) are in a bind. They can't back off as they've gone to far.
Your thoughts on this?
Cause silver tarnishes in air unironically. Gold is superior
Pretending from scratches and patina, My stack is by now 100g certificated gold bar, 30 ounces of silver and 1500 CHF in case od recessio , should I transfer that money into gold or silver? What would be a good ratio in stack between those two? Btw living in western europe.
Like 2,000 link by eoy
30 ounces of 1 ounce coins of course
are ben frank half dollar silvers worth getting for starters or should i just go for straight silver eagles?
is that a fucking 10oz copper bar??? what the fuck?
IMO the half dollars would be better depending on what they charge over spot, but keep in mind old coins have numismatic value ontop of the silver, so if you can get older silver for cheap hell yeah get it
>implying this isn't priced in
It was cheap and I was right below free shipping
Yes definitely worth getting. I stack constitutional silver "junk silver" as much as I stack the silver eagles.
hey more power to you man, just didn't think about it. Junkies will tear a house clean of copper even if the wires are live, so I mean, it has some value lol.
I inherited a 30 pound solid block of copper from a friend who died. I have no idea what the fuck to do with it so I use it as a grip training blob.
Yeah I'm about 40-60 constitutional to eagles. Only thing I'm fucking up on though is those damn AU/BU silver Morgans... Most fun thing to stack for me but damn those premiums.
The patina does not reduce the amount of silver atoms. The only reason to protect silver from oxidisation is for aesthetics.
>I have a wall in my house that developed a leak. While I was fixing it I put my metals inside the drywall. Am I going to make i
No you posted it online
what is a supply ratio?
Also since JPM has like 50% of silver on Comex, does that mean the USD might default to a pegged Silver to fuck over China Russia and India? Or would it be a portion of gold and silver? What's the political play with silver?
for every ounce of gold mine, at least 10 ounces of silver come out with it
people don't like hearing it, but silver is a byproduct of other mining operations for industrial metals like iron or copper
no one knows. The only reasons why JPM has that much silver is because they inherited all those silver contracts from Bear Stearns when they went insolvent.
so they decided they didn't want to be holding worthless PAPER and took delivery of real, tangible wealth.
I read on this board a week or so ago that "the east has all the gold" but that "the west has all the silver" and will be able to respond by backing their currencies with silver instead of gold. An interesting theory and pretty much what you are implying with your question actually.
Thanks for the responses. Do you know if that 180:1 ratio of etf's to rock is actually true? Or is that speculated?
also I think china is the biggest user of silver. Silver is used in solar panels I think now. last time silver spiked to 50 was because of photography. I think its used in electronics mainly.
Yeah I remember reading that in July lol. That's where I was basing it off of. I'm turning my crypto directly into metals now. Been watching silver for a year, after watching those doomsday YT vids about the FED and no currency ever lasting in society.. yadda yadda. I still have a lot to learn.
usdebtclock.org
700$? Jesus......
Presuming it spikes again and hits at least $50 again, as much as possible before that happens?
nice
a safe bolted to the foundation of your home, a guard dog, and an AK47
Buy SDR
Gold has literally not increased in value at all. It has increased in dollar amount, that's different.
The price of gold never rises, the price of the dollar just decreases.
Good job, you've discovered that all valuations are relative. Now consider, what would happen as demand for fiat currencies shifted to demand for gold and silver.
How do you all cope with the fact that silver and gold will eventually devalue as technology progresses, and more synthetic materials are created that could perhaps replace the most common uses for these precious metals?
Is this why most of you are banking on the idea of a monetary collapse? What happens if it doesnt?
>Is this why most of you are banking on the idea of a monetary collapse
They're hoping for a collapse of society either because they are low status and hope that in a collapse all the more high status males would somehow die off (they wont) OR they just watched The Big Short and noticed that the main character made a lot of money doing something called "shorting"
Silver maybe, but the most common use of gold is already as money and jewelry.
Look at history dumbass, we are about to repeat this for the zillionth time, we are swinging back to pm's
Platinum/palladium IMHO, I'm willing to bet they'll skyrocket in the next 10 years.
Eh, I don't think that the conductivity value of gold and silver is going to be replaced by anything in the near future. Most of the potential replacement alloys that we know about so far utilize elements that are already more rare than the troy elements.
>grip training blob
based as fuck
Silver is the best conductor or electricity known to humanity.
Ponder the implications of that in our electrical world.
Not actually true, but the cases where you're wrong are pretty esoteric and refer to exotic materials that cost twice as much as gold anyway, so fuck it.
I'm not banking on the shit hitting the fan, I'm banking on a recession kicking prices up so I can sell and invest in something else. It's just fun to shit talk cryptocucks even if I actually have a diverse investment portfolio myself.
Hmmm interesting. Care to share?
Certainly silver is the most conductive element.
Yes as far as I know silver is the most conductive element, which, funnily enough, is based on the same reason the shit's so shelf stable (its electronic structure).
Here's an article on superconductive properties, there's a graph in the article that includes a number of materials that can exhibit superconductivity, as well. One point to make, is that most of the superconductors that we know about (circa 2019, that is) require cold temperatures. I'm sure there are a number of other novel materials/alloys that I don't know about that exhibit conductivity higher than silver at room temperature, but I have no idea what they run. Nor do I have any idea what size of a market they have or the demand that exists for them.
I haven't really scrolled through scholarly articles on materials science in almost a year and a half now, and that field has been evolving rapidly.
ya your right, central bankers aren't shitting there pants right now....negative interest rates on 17 trillion in sovereign debt is tots normal...
Selling at 50....pffft, we going a lot higher
>$725 USD/ounce of silver
>$6000 USD/ounce of gold
I’m loving these numbers.
what would cause prices to inflate to this level?
Recognition of the ratio of physical:paper gold and silver; recognition of the ratio of M0:M3 dollars; mass exodus from fiat currencies.
so, what would that catalyst be? I'm betting it'll be the banks letting all these mega corporations calling in their debt. Just look at GE. If they go insolvent, which they are, then that's a quarter million jobs for the parent company alone. Can you imagine if Amazon was caught cooking their books? Total chaos. DoomPaul.exe
In a sense, all business are cooking their books because of the philosophy behind their scalar solvency. Balance-sheet accounting defines their equity as the difference between the sum of their assets and the sum of their obligations - if this number is positive, then they are not broke. The other name for this, which modern banks viciously engage in, is maturity-mismatching.
Whereas cashflow accounting, which AFAIK no corporation uses, computes its solvency temporally, summing its receipts and outlays as curves in the time domain. In this way, a business can determine its solvency at a particular moment in time.
In the case of banks especially, maturity-mismatching is protected by the state issuance of loan guarantees and, with fiat currency, such loans can be written ad nauseam. In effect, modern banks are a part of the government - a part that any individual can purchase the equity thereof.
The maturity-mismatching inevitably fails and this failure then cascades through the chain of loans. This is the general form answer to the 2008 crisis, it was equally true for the Bank of the Medici and the Bank of Barcelona, it will equally be true for the coming crisis.
would it even be a fair trade off?
can you imagine boomer stackers suddenly became the 1% overnight?
I just can't wait to see all these retarded jew celebrities, sportsball americans and rappers get their (((net worth))) obliterated.
What do you mean by a fair trade-off?
>6699
nice
I just want my PMs to buy me a house and shit.
If the president can just write off debt via executive order, then does any of this really matter?
So, if you're a coin shop, and people came rushing in to buy your inventory, but you damn well knew it was worthless paper with no purchasing power, would you just pack that shit and leave?
Yes, because writing off such debts would destroy faith in the entire system. The veil would be lifted and people would recognise that dollars were equivalent to sideshow tokens or loyalty reward points.
Yes, as would the warehousemen of various bullion vaults and banks. I've often questioned whether a nation would consider marching on Switzerland in such a scenario.
They would need to go back to a metals backed currency regardless of russia or not
They will attempt to genocide us regardless.
(((Elites))) will win no matter what they have a shit ton of metals for a reason and own a bunch of mining companies as well.
All we can do is ride the moon mission with them by stacking metals ourselves
Im not even convinced russia or putin is fully separated from (((them))), putin works with china.
Woops forgot my trip again for that above post i made in response toI’m the one that made that post. Unironically silver is more important than gold (and will eventually dethrone gold per oz in in price) because of the reasons listed in pic related. Most electrically and thermally conductive element on the planet, therefore most important because you cannot have properly advanced technology without using the best resource in said advanced tech