How high will silver go before Veeky Forums buys it?

Soft_member
Soft_member

My guess is $26, which will still be early

All urls found in this thread:
https://www.caseyresearch.com/
http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/tfsa-celi/wthdrwls-eng.html
http://www.ebay.com/itm/HUGE-ESTATE-SALE-LOT-90-SILVER-GOLD-OLD-US-COINS-QUARTER-POUND-LB-BULLION-80-/321705091897?hash=item4ae71e2339:g:RPQAAOSw2XFUZlBy
Carnalpleasure
Carnalpleasure

@Soft_member
not sure i bought already when it was low and just starting an uptrend.
i'm not getting my hopes up yet silver is heavily manipulated day to day.

BlogWobbles
BlogWobbles

@Soft_member
Now post that photo with all your silver coins so i can laugh at you.

JunkTop
JunkTop

+3.45%
Woah whats driving this? I bought all mine around 15.00 spot

Emberfire
Emberfire

@Soft_member
@JunkTop
@BlogWobbles
@Carnalpleasure
were do i buy silver?

Firespawn
Firespawn

@Soft_member
silver is really tricky, i hope your guess is right, been holding my silver for a looooong time and refuse to sell it unless i make +20%. would it be possible for silver to go up to 50 just like it did five years ago ?

FastChef
FastChef

@Emberfire
sadly you are kinda late on the ride, but you can buy silver through the bank which i do not recommend, or through a website like bordergold, search for silver/gold stores in your area.

Emberburn
Emberburn

@Emberfire
My new favorite is jmbullion.com

And you're not even close to late

Normies have literally no gold or silver, kek

LuckyDusty
LuckyDusty

Is it best to buy physical silver ?

Supergrass
Supergrass

@LuckyDusty
Yeah dude of course, don't you want to hold it yourself?

Stark_Naked
Stark_Naked

@Supergrass
I do ,just wondered what everyone else is doing,not buying yet though,hoping the price goes back down.

iluvmen
iluvmen

@Stark_Naked
It wont go back down and if it does, it wont likely affect the premium you pay over it so you will end up paying the same now or tomorrow if it goes down tomorrow etc

w8t4u
w8t4u

@Firespawn
It will go way higher than 50. below 360 I am not even thinking about selling.

Playboyize
Playboyize

@Emberfire
libertysilver.ee

Snarelure
Snarelure

:^)

TalkBomber
TalkBomber

@w8t4u
If the ratio of gold to silver corrects, then Ill swap all my silver for gold but in the mean time I am only buying silver. I bought 500oz back when it was 15 bucks an ounce, Dont currently have the funds to buy more but I will

ZeroReborn
ZeroReborn

@TalkBomber
Oh my Fing god. 6.77% up Just today.
Boys we are soon gona hit the artificail circuit breaks. Fuck me this is fast.

JunkTop
JunkTop

@ZeroReborn
You got that right bud.

BunnyJinx
BunnyJinx

@ZeroReborn
I also bought a bunch of gold/silver/mineral mining shares and they have been doing quite alright.

Ignoramus
Ignoramus

@BunnyJinx
solid work. you buy those mostly aorund the same time?

whereismyname
whereismyname

@Ignoramus
bought them all within a 2-3 day period, some are just exploration companies at the moment but they are legit, so the instant they do find gold, they will skyrocket 10 fold

Sharpcharm
Sharpcharm

I dont hold any precious metals but in the uk we have the gold/silver brittania coins which are capital gains exempt so any profit i make wont be taxed but to buy 1 coin with VAT added costs £30 and at this very moment if i was to sell the same coin on the same website id get £15 for it so if i bought some coins id need at least a 16% increase in price to break even plus id have to send the coins via recorded delivery to sell them which could cost something like £5

Am i looking at this wrong? whats the best strategy here? im willing to buy and hold long term.

Firespawn
Firespawn

@Sharpcharm
I got my maths wrong on the percentage,sorry im retarded.

New_Cliche
New_Cliche

@Sharpcharm
WTF their spot value is double the price of the coin?

Fried_Sushi
Fried_Sushi

@New_Cliche
Its something like £30 for a 1oz silver Brittannia with VAT added ,I think the Brittannia is more expensive than most coins because it's classified as legal tender so capital gains tax free ,but like I say I don't really know what I'm talking about and I've always been unsure as to what the best way of investing in silver/gold is so never bothered

Nude_Bikergirl
Nude_Bikergirl

I really want to buy more silver now

King_Martha
King_Martha

@Fried_Sushi
fucking VAT eh, that's retarded, does it matter what countries coin you buy?

takes2long
takes2long

Im glad I bought about 110 ounces since January. I bought some Silver Eagles and Perth Mint Kangaroos before the Brexit, 30 of each, and it's nice to see the prices start to jump so quickly. I was planning on holding onto the coins for a long while, but if things break 35, I might dump them. Silver hit as high as 45 for a while a few years back, so I don't think it's insane to believe that it might bounce back to a similar price point.

Bidwell
Bidwell

My question is, I have a little over $3k to play with but it is cash in a robinhood account right now. Should I trade SLV on Robinhood or withdraw the cash and buy bullion? If I trade SLV there is no premium above spot from a dealer and no commission. I can also buy about $1,000 in bullion on top of it for $4k total in silver and silver ETFs. Or is there some real value to having the hard stuff that I am not seeing?

I will probably buy some SLV in my ROTH either way.

Poker_Star
Poker_Star

@Bidwell
Dont buy paper silver

PackManBrainlure
PackManBrainlure

@Poker_Star
But, why not?

Skullbone
Skullbone

@Poker_Star
because in a crisis you don't physically hold it and how do you know if the silver even exists, I know for a fact that gold is oversold 100 times for every piece of it that actually exists.

Emberfire
Emberfire

@Skullbone
@PackManBrainlure
replied to wrong comment

LuckyDusty
LuckyDusty

@Skullbone
I understand that, I know that as well. There are a few good documentaries that go through that exact problem and discuss the issue. My point is if I am just trying to invest in it, for a few months or years, why no buy paper? I am not making things with it, I don't need the physical bullion for other reasons. I just want to make money on it. Are there real tangible reasons to have the bullion barring a possible currency collapse and using silver and gold to trade?

My MAIN concern is I can buy SLV Tuesday whereas I could only buy about $1,000 in bullion before then and I would have to wait for funds to settle before I could buy another $3k in bullion which if the cost of silver continues to rise, would mean less profit in the end. Trading silver, I could get in 'now'.

CouchChiller
CouchChiller

@LuckyDusty
Meant to say 'trading paper' at the end.

BinaryMan
BinaryMan

@LuckyDusty
Just hope that you sell before everyone comes knocking to cash in their silver when prices skyrocket. Otherwise you're fucked. That's all I can tell you

FastChef
FastChef

@Soft_member
Bought some 3 weeks ago

whereismyname
whereismyname

@Sharpcharm
Ha i have britanias and they are some of the cheapest government bullion in the usa

Lunatick
Lunatick

@BinaryMan
That's why I am considering trading paper, that way I don't need to worry about that as much. I can also sell it more readily than finding time to go to the silver and gold dealer.

Evilember
Evilember

@Lunatick
I bought silver not only as an investment but also as a crutch for when the economy shits the bed.

Deadlyinx
Deadlyinx

@LuckyDusty
Absolutely
@Poker_Star
This
@Evilember
Because this

Nude_Bikergirl
Nude_Bikergirl

@Emberfire
Pawnshop/metals buyer here

Best option for silver is first, hitting up your local banks and looking for half-dollar rolls. You aren't likely to find any pre-1964 at this rate, but 1965-1970 Kennedys are still out there in some small abundance (40% silver.) It's 'free' in that if you don't find anything, you haven't lost anything.

Next, check out your local pawn shops. Folks like me usually sell at a lower premium than online retailers. Don't EVER buy at more than a 5% or 6% premium, and always be sure you know exactly what you're buying. Don't trust anyone who won't let you throw the coin/bullion you're buying on a scale.

Next, online. JM Bullion is good, as is Monarch Precious Metals. You're always going to be able to find whatever you want on higher end guys like APMEX, but you'll pay for that in higher premiums and shipping. Finally, avoid any and all companies that shill on TV or on radio (especially Republican talk radio.) Monex, Goldline, and their ilk have stupidly high premiums, have been known to bait and switch, and have actually been cited by the FTC for fraud. When Glenn Beck won't do business with you because you're a scumbag, that says something.

Finally, go to your local coin shops, jewelers, and the like. Some may have deals, but you'll normally pay through the nose.

One wildcard out there: eBay. You can sometimes get terrific deals. Most times, prices (pre-shipping) and premiums are the same as my shop, but combined with shipping it will be much higher.

Bidwell
Bidwell

Anyone know where I can buy silver in Canada?

GTA area?

I dont really want to pay for shipping from the US like Apmex

ZeroReborn
ZeroReborn

already hold 5x 10z bars
mum asks what i want for my birthday
we have a mint in our city
"just get me a couple silver kookaburras, they're probably around $25/oz AUS"
birthday comes around, she's really excited about what she got me
it's pic related
limited too 500, concave coin that costs 4x spot price

Kinda missed the point, but thanks for trying mum.

Need_TLC
Need_TLC

@BunnyJinx
That's quite a nice portfolio you have there user. How did you pick those companies? Did you follow a blog or yahoo finance or did you research them yourself? And any criteria in particular to pick those stocks (P/E, P/B, Debt to Equity ratios, etc)?

hairygrape
hairygrape

@BunnyJinx

Why are you buying so many small positions in micro-caps? What's your brokerage fees?

askme
askme

@Sharpcharm
VAT
if you want vat free silver: @Playboyize
you have to separately order the delivery tho.

StrangeWizard
StrangeWizard

@Bidwell
silvergoldbull.ca,
I bought mine from them

Stupidasole
Stupidasole

@ZeroReborn
Wait, you're upset that your mother purchased a coin that's currently retailing for about $300 US?

whereismyname
whereismyname

@hairygrape
I had a bunch of free trades when I signed up, but otherwise its 10 bucks a trade. I bought these based on info that my friend pays for, some of these are potential "10 baggers"
Also was new to trading at the time and I just wanted to spread my portfolio out over a bunch of them in case that some never went anywhere because they were exploration companies at the time of purchase with no actual mining being performed yet.
If I had more capital I'd feel better at spreading it the way I did if I didnt have the free trades at the time.
If that makes sense

Fried_Sushi
Fried_Sushi

@Need_TLC
My friend pays 7 grand a year for research and hooked me up with free information basically. Picked these out of their "list"
They basically hold your hand and tell you what to buy, what to short etc. All on a daily basis.

Read this @whereismyname

girlDog
girlDog

@w8t4u
would sell at about tree fiddy

TreeEater
TreeEater

What's the best way to buy silver in the UK lads?

PurpleCharger
PurpleCharger

@TreeEater
I'd like to know this too

Playboyize
Playboyize

@Evilember
That's why I have guns, ammo, and survival skills. I don't think a few kilos in silver is going to help me in the end of days more than a 30 round mag and a camp stove, CALL ME CRAZY THOUGH.

Firespawn
Firespawn

@TreeEater
@PurpleCharger
sarniasilverDOTcom

Harmless_Venom
Harmless_Venom

@Playboyize
I have silver on top of guns, ammo and survival skills. Im talking more in case paper is worthless and I can trade my silver for food, services etc
Obviously if people go full animal mode then guns are always the answer. People living in big cities are going to be the most fucked compared to people living in rural areas.

Boy_vs_Girl
Boy_vs_Girl

@Harmless_Venom
paper as in currency/cash

Inmate
Inmate

@Harmless_Venom
except hoard of negroes from the big city will head for the rural areas and they will have more guns or even makeshift technical you see in africa theater. your little ar15 won't stop them from raping your family and eating them limb by limb. unless you shoot your loved ones and yourself first of course.

Emberfire
Emberfire

@Inmate
Assuming they dont all just kill themselves in the city first. The cities will be bloodbaths. The left overs that manage to survive will head to the rural areas

Fried_Sushi
Fried_Sushi

@ZeroReborn
Kinda missed the point, but thanks for trying mum

You ungrateful little bitch.

Burnblaze
Burnblaze

@Nude_Bikergirl
Thanks user. Sometimes these Veeky Forums boards have nuggets of gold amongst all the NEETS begging for bitcoin and 18 year olds asking which college major is best.

lostmypassword
lostmypassword

'Merifat here.

Silver in bars and coins, gold and gemstones in jewelry, guns, ammo, non-perishable food, tarps, cordage, rope, and water filters.

You will survive anything except the physical end of the world.

Deadlyinx
Deadlyinx

@lostmypassword
Yeah basically this, Only thing you can't save yourself from is getting nuked.

idontknow
idontknow

@Stupidasole
He specifically wanted it with Baja Blast but she got him puke tier regular Pepsi

SomethingNew
SomethingNew

@Stupidasole
@idontknow
numismatic coins are shit for investment.
completely undependable.

Crazy_Nice
Crazy_Nice

@SomethingNew
depends, if you plan on selling to a collector down the road then it's ok but it will take a much longer time to sell. I def wouldn't only buy them though, I'd rather own most of my silver investments in just standard bullion.

Gigastrength
Gigastrength

@Soft_member

80,000 tons have been mined since it was last at 26.

WebTool
WebTool

@SomethingNew
Numismatic coins very rarely lose all of their value. Especially proofs and proof sets. While you may not hit above retail you will definitely be able to recoup 75% to 85% of the value and will have something that will retain value if spot crashes.

Burnblaze
Burnblaze

@Gigastrength
How much was used and non-recoverable?

WebTool
WebTool

@Crazy_Nice
it will take a much longer time to sell
exactly my point you need to find a buyer while with bullion you can sell it to anyone pretty much.
if spot crashes
most investors will try to sell on top of a bubble tho.

w8t4u
w8t4u

Think I am gonna buy 10-20 5 oz Sunshine Silver Bar. Someone tell me I am an idiot?

Skullbone
Skullbone

Wish I had bought more. It was so stable and low for like a year, and now it's probably gonna trend up too high.

Evil_kitten
Evil_kitten

@w8t4u
Get government minted coins bro, no one wants that nasty cheap shit

takes2long
takes2long

@Evil_kitten
Is there an actual difference?

idontknow
idontknow

@takes2long
Sunshine Silver Bar
Yes, its easier to resell government minted coins, and you will never get spot for that cheap shit

lostmypassword
lostmypassword

@takes2long
You don't necessarily need to only buy government minted ones, but at least buy from mints that are on good delivery list from LBMA.

Deadlyinx
Deadlyinx

fireworks early

BinaryMan
BinaryMan

This is what I bought April-June this year.

Ignoramus
Ignoramus

@BinaryMan
monkey coin.
i have these.

Booteefool
Booteefool

@lostmypassword
Well, I cant find anything stating that sunshine mint is shit other than it not being on that list. I pulled the trigger before getting replies, so now I guess I should ask if its worth it to cancel the order with jmb?

Evil_kitten
Evil_kitten

@Ignoramus
I love those, but I didnt get into silver when those were out.

I started during year of the snake. I havent been able to find any decently priced dragons.

I do have the year rabbit and tiger, along with snake through monkey.

takes2long
takes2long

@idontknow
you will never get spot for that cheap shit

sure you will, unless youre selling to some shady pawn shop

silver is silver

idontknow
idontknow

@Booteefool
well, its not that bad. When I started buying silver I did the same thing, but as I accumulated more I realized that 1 oz goverment minted coins always keep their mark-up, and the mark-up actually increases too

So when I needed cash once I sold the plain bars I had and since then have accumulated pretty much only silver and gold eagles, a maple leaf gold coin, some chinese pandas, etc.. All government minted

The only exception was when I got these pirate coins (pic related) because I wanted some fap material in my bullion collection

So no, I wouldn't cancel an order and pay a fee to do so, also, silver has gone up 1% since you made that order depending when you clicked buy

PurpleCharger
PurpleCharger

@Booteefool
if its worth it to cancel the order with jmb?
Keep it.
It's a murrikan mint, and you live in murrika. The lbma list only really matters if you're planning to sell it overseas.

Soft_member
Soft_member

@BunnyJinx
just buy a mining etf you fool...

likme
likme

@Soft_member
Does a mining etf get me 100-1000% gains? I dont think so.

Techpill
Techpill

@Booteefool
Sunshine Mint is perfectly fine silver, pure silver is pure silver and you can always sell it for spot value. People who don't pay spot value are either scammers or fucking retards.

Emberburn
Emberburn

@Evil_kitten
Only have the dragons. I live in bumfuck nowhere and it's hard for me to buy these things.

tfw you haven't look at your silvers in a while and some of them broke the seal and are oxidized
Storing gold is easier.

Firespawn
Firespawn

@idontknow
@PurpleCharger
@Techpill

Hey, I really appreciate the advice.

Annoyingly enough, after I hemmed and hawed for a minute or so, the price jumped 1080 and change to 1089 and change.

LuckyDusty
LuckyDusty

@Stupidasole
@Fried_Sushi

I actually love the coin, it's sexy as and massive. What i didn't want is for her to spend 450 of her dollars on something that's only really worth 1/4 that.

TechHater
TechHater

@Emberburn
oxidized silver is still worth the same spot value. A PM dealer who says otherwise is either retarded or trying to rip you off.

Illusionz
Illusionz

a silver coin booster box

crack it open.

Supergrass
Supergrass

@TechHater
Doesnt it kill any numismatic value though? Like his libertad in that guys pic?

Lunatick
Lunatick

@Supergrass
I thought you can buff it out

Harmless_Venom
Harmless_Venom

@idontknow
@Techpill
@PurpleCharger
Reposting because I am terrible at proof reading.
Thanks for the advice; I really appreciate it.

Boy_vs_Girl
Boy_vs_Girl

@TechHater
I know, just have to clean it.

@Supergrass
Wait, libertad have numismatic value? Isn't it just a mexican bullion coin like silver eagles?

Spamalot
Spamalot

@Soft_member

Holding physical metal for any reason other than capital gains based on market fears.

haveahappyday
haveahappyday

@BunnyJinx

Using TD Webbroker.

I like their new interface desu.

SomethingNew
SomethingNew

@Boy_vs_Girl
the value over spot is the numismatic value

Sure, its not much, but its not just an unmarked blob of metal

iluvmen
iluvmen

@haveahappyday
Yeah man, I opened a TFSA trading account with them so I don't pay tax on my gains

Inmate
Inmate

we seriously breaking the conditioning now

kizzmybutt
kizzmybutt

@Boy_vs_Girl
It will go up in value over time, go look at the libertads from the 80s and 90s, they are not just a 2-3 dollars over spot, they are more expensive fro a reason.

Same reason the Perth mint lunar series are more expensive and not just 2-3 dollars over spot.

Playboyize
Playboyize

@Inmate
yeah my shit is going to the moon

Methnerd
Methnerd

R U KIDDING ME

WebTool
WebTool

@likme
yes...

DeathDog
DeathDog

@SomethingNew
@kizzmybutt
Wasn't these bullion coins printed in hundred thousands/millions in quantity? I thought they won't be a rare thing.

Dreamworx
Dreamworx

@DeathDog
Well correct me if I am wrong, "Numismatics" are rare coins of limited edition,

But "Numismatic Value" mark-up over spot

A silver eagle isn't a "numismatic" but it has a numismatic value of $3 or so dollars over spot

Fried_Sushi
Fried_Sushi

@DeathDog
Go to APMEX, Provident Metals, or even Ebay and look at older libertads.

I am looking at Provident Metals right now and 1983 libertad is 27.38
1985 and 1986 is 29.48
1987 is 70.53
1988 is 85.53

APMEX has more, with coins from the 90s being expensive but I dont want to type them out.

I guess its random but libertads can, over time, gather a semi numismatic value.

King_Martha
King_Martha

@Fried_Sushi

That's interesting.

Are these experts geologists who read technical publications about exploration potential and such?

cum2soon
cum2soon

@iluvmen

And the beauty is it grows. So while they have a cap of $40k total you can contribute as of 2016, your stuff will grow and blossom and pay tax free dividends and interest if you own bonds or other stuff.

w8t4u
w8t4u

@iluvmen

BTW, do you have the name of the group that provided you with the stock picks? I'd like to consider a subscription because I'm in the business.

massdebater
massdebater

@Playboyize

You bought in recently right?

TurtleCat
TurtleCat

@w8t4u
https://www.caseyresearch.com/ which is where I got most of my picks from. Their research alone doesn't cost 7 grand a year, its closer to 2-3 grand I think

@massdebater
I bought in around early march

@cum2soon
Yeah I was always curious though, Im assuming you're a Canuck, If i put in 40k which is currently the cap and then turned it into 80k and then withdrew my original 40k, Does that count as me taking out my contributions and if I wait till the following year, I can then put back what I took out? If you understand what I mean.

ZeroReborn
ZeroReborn

@Dreamworx
@Fried_Sushi
Yeah after browsing apmex, it seems like the coins that i got are priced around 30-50. That's unexpected. Kinda regret buying the bars now.

Garbage Can Lid
Garbage Can Lid

@TurtleCat

I believe this answers your question:

http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/tfsa-celi/wthdrwls-eng.html

Withdrawals only open up more room for contributions if you're not at the limit of your contribution room.

viagrandad
viagrandad

@Garbage Can Lid
Thanks

Also that casey research website has some free articles on the main page that are good reads and they always have new articles popping out every few days.

Snarelure
Snarelure

@ZeroReborn
THEY sell them for that much but can YOU?

StrangeWizard
StrangeWizard

@Snarelure
selling collections
Dunno, i'm not selling anyway. It's still a nice feeling of having something good.

TurtleCat
TurtleCat

What about these estate sale coin collections you see on Ebay? Is this just a bunch of bullshit?

They make it out like you're buying a bunch of moderately rare silver coins and offer guarantees on getting some decent collectables. In reality it looks like they're selling 90% silver coins that work out to be nearly 30% over the spot price of silver per oz.

Example:
http://www.ebay.com/itm/HUGE-ESTATE-SALE-LOT-90-SILVER-GOLD-OLD-US-COINS-QUARTER-POUND-LB-BULLION-80-/321705091897?hash=item4ae71e2339:g:RPQAAOSw2XFUZlBy

I already have 50oz in bars that i bought at $17 but I wouldn't mind owning more. However some of the spreads over the counter are a bit obscene. 10%+ on spot minimum

JunkTop
JunkTop

where to buy silver in Australia?
I have 6 oz so far but they're all from numismatic coins

Illusionz
Illusionz

@JunkTop
You can buy from Perth mint. The more you buy the smaller the premium.

Soft_member
Soft_member

@Snarelure
@ZeroReborn

Ebay is a much better way to see how much you really could sell them for, just didnt want to go and search so used apmex.

Boy_vs_Girl
Boy_vs_Girl

@Soft_member
I started stacking about a year ago.

Soft_member
Soft_member

@JunkTop
In Australia you don't buy it, you dig it.

Poker_Star
Poker_Star

@TurtleCat

How long do you plan to hold all of those user?

cum2soon
cum2soon

@Poker_Star
till they go 10fold or more when the markets collapse, I actually just sold my ORT Today and dumped it on PLG

Lord_Tryzalot
Lord_Tryzalot

@cum2soon

Welp, I picked up $1k worth of some of the stuff in your portfolio. Shame I don't have more cash on hand.

We're in this one together.

Let's hope the US election brings lots of volatility to the markets and shakes equities to the core. :D

Boy_vs_Girl
Boy_vs_Girl

$19.87

Is beginning to drop? Will bounce tomorrow?

girlDog
girlDog

@Boy_vs_Girl
The Chinese are taking the profits. Thy do not want the US banks to profit before opening.

Supergrass
Supergrass

@BunnyJinx
pro-tip - add some ROG if it pulls back

Emberburn
Emberburn

is it too late investing in the silver meme?

Firespawn
Firespawn

@Emberburn
It's never too late user, just wait for the price to drop a few dollars before diving in.

TalkBomber
TalkBomber

@Firespawn
too late just bought 1 kg at 600 eurobucks... I'm scared user

iluvmen
iluvmen

Post your physical silver!
Lel, i'm debating whether to melt them down or to sell them because i'd rather have coins.

Firespawn
Firespawn

My whole living room table is full of stacks of world silver coins from when it was $16/oz, feels goodman. I hope my main dealer doesn't regret our biz too much.

BlogWobbles
BlogWobbles

@iluvmen
A month or so back I saw a lady selling several big bags full of random old silverware at spot price, deeply regret not purchasing it. Would be cool to have around.

Ignoramus
Ignoramus

@BlogWobbles
How the fuck do measure silver content in those. the chemicals I use only test to 95%

Garbage Can Lid
Garbage Can Lid

@Ignoramus
Dunno much about silverware except they have stamps, and 860 S (or 830 S?) is probably the most common one, meaning 86% silver content.

askme
askme

tfw didn't buy another 100oz's when it was down to $16 last week

New_Cliche
New_Cliche

@Ignoramus
chemicals
People don't use those anymore because it corrodes the shit.
Most coin dealers usually have those neat metal analyzers, a good one is kinda expensive though.

MPmaster
MPmaster

@New_Cliche
you don't put them directly on the artifact.
You use the scraper to make lines and analyze those.

RumChicken
RumChicken

@MPmaster
scraper
scrape
that's still damaging the thing.

BinaryMan
BinaryMan

@Playboyize

FR and ICG both lost 3% since I bought them yesterday, lel.

idontknow
idontknow

@BinaryMan
yeah the shit will fluctuate up and down but in the long term it's a mars mission

Fuzzy_Logic
Fuzzy_Logic

@Burnblaze
You're welcome. I don't know much but metals is my thing and I love to share the info.

@LuckyDusty
Fair enough, and A$450 is extremely high for that coin. US it's retailing for about $300 (A$400,) assumed your mother paid about that. Mia culpa.

@SomethingNew
That is a negative. Numismatics are among the best investments for keeping and expanding wealth, simply because the coins don't exist anymore. That's why copper 1943 pennies go for $80k each. I don't know about you, but an 800 million percent increase is pretty fucking huge.

Now bullion is a crap numismatic. Too many made, not many going to be melted.

hairygrape
hairygrape

@Fuzzy_Logic

US it's retailing about $300

Where? Everywhere i see it's $360 US or 485 AUD. If you can find it for $300 us, let us know where.

Methshot
Methshot

he didn't buy silver at $13

Emberfire
Emberfire

I've got a lot of random 1880s thru 1950s US Silver dollars and coins.

What's the best way to sell?

Techpill
Techpill

@Fuzzy_Logic
800 million percent increase is pretty fucking huge
now try to sell that coin to me see what you get for it.

BinaryMan
BinaryMan

@Soft_member
Yen just increased against US dollar and everyone's freaking out about brexit still, from the looks of things it's going to keep going up for awhile, things to take note of are Friday's job report on the economy which will give us an idea if the fed will up interest rates.

Let's keep this thread alive with any news so we know when to sell.

Nojokur
Nojokur

How would you recommend to sell physical silver?

farquit
farquit

@Nojokur
go to Borough Park and find a man in black with a big beard. tell him you are from Veeky Forums

CouchChiller
CouchChiller

@farquit
Say /pol/ for a 5% spot bonus.

Fried_Sushi
Fried_Sushi

@BinaryMan
Friday's job report on the economy

Good luck with that. It's not going to be anything over 50k when they NEED at least 170k to keep up

give us an idea if the fed will up interest rates

You're fucking stupid if you think this is a possibility

Garbage Can Lid
Garbage Can Lid

@TreeEater
@PurpleCharger
silver-to-go
make sure you are ordering a good couple of ounces to keep your premiums low

Lord_Tryzalot
Lord_Tryzalot

@lostmypassword
Silver in bars and coins, gold and gemstones in jewelry
none of that will be worth shit in in a SHTF situation

Someone will want toilet paper over some metal

askme
askme

140 tOZ of Silver
0.54 tOZ of Gold

not all of it is pictured though. I have some numismatic pieces in another box but I can't be bothered to take a picture of them

I have a spreadsheet that I keep track of everything on, but it's incomplete because I still haven't put purchase price on it

hairygrape
hairygrape

@Fried_Sushi
I remember when the feds said they were going to raise rates a few week backs and gold price took a shit and all my stock gains went to zero. Literally 2 days after that my stocks were back up higher than they were before they took a dump. Raising rates isnt possible.

Spamalot
Spamalot

lads would it be a good time to invest in silver now that i've missed it when it was 13.00

or should I wait for a drop in price

Poker_Star
Poker_Star

@Spamalot
Wait. It'll probably dip again soon, silver is very volatile.

Skullbone
Skullbone

@Lord_Tryzalot
physical precious metals and gems have had value since the beginning of time and will continue to hold value no matter what.

because there will always be somebody with enough of something to trade for it

Inmate
Inmate

@Skullbone
except for diamonds, that market is a monopoly and they're artificially kept valuable by limiting the supply.

WebTool
WebTool

@Lord_Tryzalot
Silver in bars and coins
For speculation plays and as a liquid hedge against inflation.
gold and gemstones in jewelry
This is for SHTF. In an immigration event, you have to declare bars and coins to your new accepting government. However, you can claim jewelry has sentimental value (keepsakes, heirlooms, etc.) to keep it from being confiscated by your new accepting government, allowing you to transfer some of your wealth without filthy jew hands ever touching it.

It's for getting out of dodge when SHTF, not for bugging in and getting through SHTF.

GoogleCat
GoogleCat

@CouchChiller
Should one say the slashes too?

New_Cliche
New_Cliche

i bought one of those boxes at $8400

gonna enjoy selling it ~$40k

you fucks don't know where the central banks are taking us. helicopter money is the only way to get the economy alive/solve the accelerating debt.

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