Buy Silver

>bagholders from 2011 trying to dump their bags
Yea, cos at least when you buy silver you can hold bags through bears that last for decades amirite?

>buys fancy silver
>silver goes up 10%
>dealer pays you spot price
>still sell at a loss

bought 4 more ounces this week.
RMC bars are nice.

Silver isn't going anywhere, stagnant price.

I'm starting to think that precious metals are the original scam that crypto is the logical evolution from.

You can trade it for swings yes. But why hold?
Enjoy another 20 years of bear market.

I literally sold 27oz back to the coin shop yesterday. If that were the last of my holdings, I'd expect it to skyrocket starting today. But I have loads of the stuff, so it will continue to stagnate. Shit investment. I don't expect to see ATH again in my lifetime.

In the best case silver is going to hit 17 dolla

LTC = silver

This. Unless you are buying >1kg gold bars, PMs are an absolute waste of money because of the scammy spread.

It's already been 17$
The cartel will push it sideways till the end of trumps 2nd term then let it moon to dump the dollar.

how do you check that it's actually ~100% silver or do you just trust that they send you whatever percentage of silver they claim to send you?

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Investing in silver is making a bet that civilization will collapse in your lifetime and you will need something to barter food, weapons/ammunition, water, and sex slaves with.
So it's a pretty safe bet.

>what is opportunity cost

Depends on where from you buy and where you live. In the EU member countries silver is taxed 25% so that's retarded. Gold has absolutely 0% tax however. As for spread, there are sellers who have very very low spread. It's perfectly possible to buy at very near spot.

Wow, you’re a genius. Of course the power will never go out. Of course you’ll always have internet access. Of course people will trade LINK for food!!!!!

density

archimedes solved it over 2500 years ago

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what exchange is this on?
You're really shilling us something that isn't even on CMC yet?

cool, is the method bulletproof?
does it also work with gold?

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yes, its an absolute

if you still dont trust your math just melt it down completely
if its an alloy then the alloying metals will separate into different phases

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the power will actually never go down

that's why the shift to alternate power is made

You can also taste the sound it makes when hitting against other silver. Moreover, since silver is a fantastic heat conductant, you can put an ice cube on it and it should melt instantaneously

>what is a carrington event

kek
you amerifats just love to stock up on useless shit like guns, canned beans and metal to prepare for events nobody cares about

let's say it comes again in our lifetime, the fuck you need silver for?

Not only are gold/silver invaluable in electronics, you can use them as leverage or just collect fancy shit and auction it off in after 5+ years for ez bucks.

Bunker fags and fudders like you are just brainlets.

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>what are vacuum tubes
>what are Faraday cages

we will be fine within at most a week if we get super-mega-ultra carrington event

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No.

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Normies don't store electronics in faraday cages or keep 60 year old TVs lying around. If the power goes out it'll be chaos. People don't know their neighbors anymore. It'll be self preservation at that point. Even the government will be thrown off and won't be able to reassert their authority for a while. Even if people still trust fiat to have value, most don't even keep cash around anymore. They do still keep around jewelry and silverware, which everyone knows has value. The precious metal stackers will be like kings.

>not buying it from the dealer in the first place and paying fucking SPOT price

amateurs.
I dont buy silver cause its 20% tax in uk as far as im aware, but i've previously done a few trades with my local metals dealer. hes a good man. always gives me spot price, give or take £5/oz

"oh no its a scratched coin" gas yourself. you can cut it in half for all i care, im still giving you spot price for it

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IMPORTANT APPENDIX
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im talking about gold, i trade gold.
give or take £5/oz of silver is obviously fucking awful

im referring to G O L D

I bought a coin a couple months ago and can't get it out of the plastic case I bet it's fucking fake what a scam

What an idiotic fantasy. I sincerely worry about people like you who are actually spending folding money on their weird daydreams like they're actually going to happen. Silver is like one of your anime body pillows. That bitch is never going to wake up and become real, you know that right?

The doubly sad part about it is that we've all lived through or seen dozens of massive cataclysmic disasters, and what you fantasize about NEVER HAPPENS. People ALWAYS RECOVER and though there might be the occasional bad thing, the complete collapse of society is not one of those bad things. It's sad that you people cling to these fantasies, because you don't even need to pick up a book to disprove them - reading the newspaper would actually do it.

Fuckin' idiot.

What kind of coin is it?

run a neodymium magnet over it, if it slides slowly dont mess with it.

no

The scenario was the electricity going out and not coming back, which has never happened in the modern era. People will adjust, but in the mean time how many millions of people are crammed into cities all over the globe. The power goes out and the food stops coming in, the water stops flowing, and communication gets cut off. People will panic and lots of them will die to violence, to starvation, unsanitary conditions, medical treatments and prescriptions not being available, cold winters, and lots of other things that would be unthinkable now. Everyone will be scared and desparate. Of course people will recover, but before they do your life will be at risk. Why take chances instead of just doing a minimal amount of preparation?

What are minimal prepping tips my tin foil fedora wearing friend

>The power goes out and the food stops coming in, the water stops flowing, and communication gets cut off. People will panic and lots of them will die to violence, to starvation, unsanitary conditions, medical treatments and prescriptions not being available, cold winters, and lots of other things that would be unthinkable now.

and you're gonna eat your silver? is it gonna provide you warm and safety?

kek, the only scenario in this pathetic fantasy is just getting killed for your "soon to be precious" silver

A few months of food, water filters, stored water, basic medical supplies, vegetable and fruit seeds, firearms and ammo, tools, and things to trade like precious metals and cigs and alcohol and coffee grounds.

If you really want to go crazy then also get a gas mask, NBC suit, and iodine tablets for nuclear disasters.

No, you do what people in serbia did and Venezuela do currently and trade it for what you might unexpectedly need, or just keep it until things calm down and you can start out with a decent savings.

Or you could just hope that you'll eventually get access to your crypto again or that the banks will still have a record of how many dollars you had in your account.

fuck, trips

maybe I should buy some silver

Do it faggot.

buy palladium

Buy dinosaur fossils too.

post timestamp with physical silver

Bump

precious metals are a libtard meme

Threadly reminder that you can make a Faraday cage with any tin container and a mylar bag. Your ledger would be safe in an Altoids tin. Get a trash can and some blankets and duct tape for all your heavy duty shit

libertarian that is

Test

LOL Stay Poor

Did you take that pic from OP on r/silverbug reddit ,or are you OP?

thanks!

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>Real working product, decentralized and mineable
Nice fud pajeet

I own about 75 ounces of silver and just bought a british gold sovereign when gold dipped yesterday.... I'll never keep more then 10% of my net worth in precious metals but its a fun way to invest and save, silver and gold coins are awesome

is there anything more pathetic than PM fags

it's like the worse characteristics of boomer stocks and crypto paranoids combined

the pajeets shilling chainlink have a better chance of getting rich than PM fags

>Gold is the only real money

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so everyone is forced to buy new electronics, so free econemy stimulus

most power grids stations and factories would be fine, worst case scenario we need to connect/fix new power lines, which is a fast job

only people it would majorly affect is critical patients in hospitals, and maybe some 100% electric car drivers

it would fuck up your work day, but not your year, and certainly not your lifetime
unless someone murders you for your precious metal when you try to trade it for real wealth/power