Where are my precious metals fans at? I'm looking to get into gold and wanted to know if its a meme to buy physical oz of gold or should i just buy GLD on the stock market? With all this turmoil in the middle east and geopolitical tension, I am looking to add some diversification to my portfolio. 80% crypto and 20% cash right now but feel I am way over invested in crypto. Thanks.
Lets talk Gold
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If you want to invest in gold, buy some actual gold. Maybe some silver, too.
alt-market.com
the paper markets are heavily manipulated, rule of thumb for pm's is if you don't hold it, you don't own it. Check out gata.org
This is why I invested in REQ. It's the only payment portal out there right now that actually lets you pay with tokens that can be exchanged for GOLD.
>"Soon all users of the Request Network will be able to request an invoice to be paid in DGX tokens, which are backed by 99.99% gold cast bars from London Bullion Market Association (LBMA)-approved refiners on a 1:1 basis, where 1 token is backed by 1 gram of gold."
>TFW first crypto that is actually following the gold standard
If you aren't investing in this then you are falling into the trap of jews
Good luck ever taking delivery friend.
Buying gold when the price is crashing after ATH. True Jow Forums strategy.
gsus member? rip ponce?
DO NOT BUT GLD THE WHOLE POINT OF GOLD IS FINANCIAL PRIVACY, BESIDE GLD IS A PONZI THEY DON'T HAVE THE GOLD THEY SAY THEY DO
THIS!
personally i would say buy coins from my understanding they are more expensive BUT they are lot easier to sell.
I know a few years ago ppl were buying gold bars (yes those big fuckers from the movies) and if you drilled through them they would hit tungsten. Apparently they have a very similar weight.
Oh and with the coins you can carry a small amount by mixing them into your change and most would not look to deeply.
Best of luck, it is my diversification
Gold and crypto, best combo
I love gold and all PMs but the price manipulation has caused me to abandon it.
thanks guys. gold bars it is.
Best is to buy US gold American Eagles. They are bought without hesitation. Next is pre 33 gold coins certified by PCGS.
When fiatshekels fail that won't matter
I'm not advocating all-inning, investments/hedges should be distributed and proportionate
enjoy your gold-coated tungsten bars
Too many tungsten bars out there, I don’t trust them.
I trust argor heraeus, procured through their local broker
I wouldn't buy any iffy shit
True but for now I’m trying to make money. Hopefully my crypto gains will help buy some gold at some point as a store of value.
For me it's Sovereigns.
Wheres a good site to buy gold bars with crypto?
jm bullion I believe. anyone else have good recs?
I'm literally in the coin store parking lot
You'll get less volatile store of value by just purchasing US Treasury Bonds (which is exactly what most companies and nations do as a store of value)
The one advantage to gold is that you can physically hold your investment and maybe you can look cool showing and telling people your gold. It's also good if you have fantasies about the US dollar and the economy as a whole being completely destroyed but there's probably better things you should be doing to prepare for that if that's what you believe.
let me know what you buy. im thinking of getting gold american eagle coins now or bars
Topkek, USD will fail and you don't want to be holding those bags. Burgers will have to cope real hard with not being able to covertly expropriate wealth from abroad through it
Buy gold now schiffgold.com See I was right all along. Gold is going to go to the moon. Fuck bitcoin. Fuck stocks. Buy GOLD. schiffgold.com
GODL
I recommend silver over gold tbqh, silver is more transactable and is highly undervalued. If you want to get into pm investing one of the best overall options is to buy American Silver Eagles.
For me personally I'm going to be casting jewelry and novelty coins in a graphite mold so I am currently looking for the cheapest generic .999 silver available. For investment purchases you can't go wrong with Silver Eagles.
UST and munis. no thanks brah. debt bubble will explode in many peoples faces
Don't buy paper gold. Buy physical. Apmex, gold silver, jm bullion are good online sellers, or local if you have a shop near you.
The US dollar is the exchange of the global market. The US GDP is by far the largest GDP in the world (rivaling the entirety of the European Union). If the USD completely failed one day then it would be a global catastrophe that has never been seen before. You'll have a hundred bigger problems and as much as you like to fantasize about it, no one's going to care about your little coin collection
Apmex and goldsilver.com accept crypto
I just received my gold bars today after getting out of crypto.
Which watch should I get?
>The US economy is by far the largest in the world, almost as large as the EU!
Why are amerifats so dumb?
Are you new to economics user
Rolex President
I supose you prefer to buy the ATH right you fucking brainlet
I've used them with crypto and they are great. Even a bit of a discount when paying in BTC.
It will simply be replaced, nothing is irreplaceable
In this country silver is pointless because its not VAT free, you are paying a 20% premium over gold right off the bat.
A global collapse of the entire world's market doesn't "simply be replaced". Billions of people would be out of jobs if the USD died one day, and not just within the US.
If you think that this event will happen then you should be learning first aid and starting a farm right now. You probably won't do that though because you probably don't really believe that's going to happen soon and you just say it will because you want to justify your reasoning for thinking buying gold is cool. I think gold is cool too user but unfortunately the math doesn't add up to it being the smartest thing to do with your money
Gold tracker funds, particularly ETFs, are your best bet for investing in gold, albeit only if you trust the underlying issuer. It's akin to taking a bet - not just on the product but also the fund that you invest in, as many of these allow trading halts etc.
If the likes of Blackrock, Powershares or SPDR have liquidity issues that mean you cannot access your cash, there are far bigger problems than worrying about getting your money back.
Central kiking systems will all fail, I would divorce thoughts about economy from counterfeit """money""" and meme GDP figures that are no different than their coinmarketcap analogues
Reminder that fiat is the only way (((they))) are able to control you and reduce you to goy status
>be US economy
>be largest
>yet somehow be ALMOST as large as the EU
>despite already being the largest
EU is not a federation
US's GDP tops the list of nations by a significant amount. Its GDP is so large, in fact, that it's larger than the entirety of the EU. I did not say it was smaller than the EU. Does this make sense to you user or do you need me to try explaining it in your native language
reminder
What?
sorry I presumed your nationality, I'm not tip top on all laws for pm collecting overseas. ASE is best for USA, can't speak for other countries.
lawl, who needs gold when u hav chainlink bro. HEY HEY HEY!
I found this guys videos when he bought ethereum, and now interestingly we're both looking at investments with much lower expected return like silver. Hopefully he's right about this too.
Hello friend. I do not have time to read this entire thread to see if what I'm about to say is already there.
Basically for time sake.
You are already smart enough to stumble into precious metals. I wont try to sell you on them.
Let me just implore you to study the gold to silver ratio though.
I'll also point out it has not been this high except for a handful of times, since going fully fiat.
What you then should do is strictly and exclusively be buying only silver.
Close to spot as possible. It doesn't matter who stamped the round/coin. As long as you can sell it easily.
As long as silver is above 60 to 1. (it's now above 80 to 1.
When Silver gets to below 60 maybe start thinking gold too. 50 or lower especially 40-20 you want to start changing your silver into gold.
Historically it is 10-1.
I don't know if it will get back there.
Another interesting fact is in the 80s in America. You could exchange 1000 oz of silver for a median house. I also do not know if this will happen again.
You wont get destroyed owning just gold. But you might not capture your complete hedge potential. Gold is manipulated by the elite, but it is still the elites money. Silver is the peoples money.
That is why the demonetized silver in 1873 years before they confiscated the gold in 1933
Good luck.
>our meme internet money is backed by gold, honest
>I would like to exchange my meme tokens for delivery of the gold please
>sorry, I don't speak English
The world is estimated to only have about one or two Olympic size pools full of gold. Something like that.
got these in the mail a couple of days ago. first gold i've purchased. how did i do?
Tastes like chalky shit and was hard to get the wrapper off, would not buy again.
>historically 10:1
>posted the same thing in the last thread
When? That lowest dip is 14.16 in December of 1979
mine tasted like salty coins and milk. are you sure yours was real?
thanks silvershills
>thinks historically means only the last 100 years
>thinks more than 100 years ago is relevant in 2018
Fukken silver and VAT for yuropoors
Same for paladium and platinum. Only gold is tax free
Those who do not learn from history are doomed to repeat it.
Wide open mouth soyboys like you are the reason evil is able to take hold anyways.
Gold to silver ratio is just one piece of a puzzle that lasts thousands of years. Yet you want to only look back at recent history. Totally ignoring even talking about anything substantial and just pines in with hurr durr it didnt hit 10:1 recently and nothing matters. Is basically what you said.
Thanks for adding nothing. Kinda like that fiat you hold.
So who do I sell the gold/silver to during the times it peaks to make a profit?
Example: I got a bunch of American Gold/Silver Eagles and I want to sell when the price is starting to skyrocket
Do I go to pawnshop? Will I even get above spot price for these coins? ( they are premium above spot and I would hope I can still get less but still above spot value when I sell )
How does one do it in a non suspicious way
you sell it at a PM dealer shop to some asshole who will buy it for below spot price. Thats the way it is man, sorry. YOure not supposed to cash out, you use it to buy women, bullets, and beans after the apocolypse
>get JUSTed on crypto after fomoing in december
>sell bags at the bottom, vow to never make such a reckless and irresponsible investment again
>buy gold with what's left because a it's SOLID and STABLE investment that the jews cannot manipulate
>pic related
In the last 100 years is not recently retard. You don't think the market has changed since the industrial revolution? People aren't out there with pans anymore faggot
This is a crypto board, we talk about cryptocureency, if you wanna make these threads go somewhere else.
I know. That is what you are arguing. You are saying since it didn't happen recently then it doesn't matter. What are you even arguing in favor for? Basically all I see from you is that since it didn't hit 10:1 in recent history it doesn't matter. And that things are not the same as they were in the past. Yet you are not even arguing in favor of anything. What are you even supporting? Just because silver isn't 10:1 in recent terms doesn't mean anything other than it is not equal in terms of HISTORICAL relations that were for MOST OF ALL HISTORY at 10:1. Only in RECENT history has the ratio been able to be manipulated. That is because we are not using sound money anymore we are using a debt based fiat fractional reserve system.
So really what are you even on about? At least make a stance rather than just argue that it didn't hit 10:1 in recent history so therefore what?
Fucking shill or an ignorant idiot, whatever you are. The only reason I bother to respond is not to try to sway you but that someone might read the debate and learn something on their own or go verify some things they didn't know before.
Meanwhile, again, what are you on about.
Enjoy your bondage.
I guess I'm arguing that the past 100 years are more relevant than the 1800's and further back. I don't see any reason to believe that the ratio of gold to silver is ever going to come back anywhere close to 10:1
>gold bars
How much are you going in for?
Furthermore look at the ratio in the past 100 years and you'll realize that it takes decades to move any significant amount. You expect people to hoard silver in the hopes that in 30 years it'll have a higher value compared to gold? Unless you have some reason to believe that it's going to happen besides muh ancient times then it's not very wise investment advice
Fair enough
You can't see for forest for the trees.
My main argument was 80:1 is ultra in favor of buying silver over gold.
10:1 was just to point out how far 80 is. Yet the greater point was to be in silver now and gold as it lowers, since the odds of silver ratio going much higher into 100:1 or beyond is unlikely, that means silver is the main buy for a precious metals investor.
Also just because you do not believe something wont do it doesn't mean it will not. By your own account you do not even care about history, be it history of money or beyond.
People like you are in for a rude awakening. It's happened before, it will happen again.
This post simply doesn't make any sense. It does not take decades and just look at all the volatility in the ratio from 2000 to now. 1.8 decades only and look at all the volatility in 's chart
I don't expect people to even buy silver. Most people are like you. But for OP who was interested in precious metals. I did not expect him to buy silver but I thought I would offer a side thought to maybe a chance for him to collect more gold in the future through silver now. Both are a hedge on inflation and historically real sound money for thousands of years.
Again, what are you even on about? Do you even own any precious metals at all? Are you trying to detract from silver? Why don't you give some sentiment then rather than just this air that isn't even factual.
Your statement alone "it'll have a higher value compared to gold?" shows that you do not even understand the point. It is a RATIO!
tasteful
I have a bit of silver and yes I understand it's a ratio
You should always have 10-20% of your portfolio in gold. Gold is store of value and when the market is down, you can bank out of gold and bank in stocks.
Gold is better then currency.
Honestly, I can understand why so many wars have been fought over gold. Look at how goddamn beautiful it is, look at those clean shiny bars, you can just tell they have a nice hefty weight to them. You just know they would feel silky smooth in your hands. Don't you just want to hold them, user? Don't you want all of them?
$10k-$20k
Is that a leek?
How hard/expensive is it to make silver bars?
I looked online and it’s a fuck load cheaper to just buy bulk fine silver grains. Was thinking about buying some and making bars and coins to keep and sell
Could even make communist & Nazi themed coins and sell them to Jow Forums
A man should have 1% of his net-worth in cash and precious metals on hand.
nice trips. same with crypto too if you ask me: can't get hacked if your coins aren't even on a internet-enabled machine in the first place...
>paying 20% tribute to israel
Good goy
Who junk silver here?
I wanna be a junk silver boi. Where's best place to buy?
>you sell it at a PM dealer shop to some asshole who will buy it for below spot price. Thats the way it is man, sorry
this. small timers do not make money on this shit.
It's gone up 350% in the last 15 years, silver 265%. It's not a buy and flip asset, it's a buy and hodl. Losing a percent off of spot isn't a big deal.
This. A hedging tool against Inflation
I'm trying to think of any other major asset (outside of crypto which also as we all know is vulnerable to massive crashes) that has returns like this in recent history