Metals - Silver and Gold
- Thread starter Rabidcolombian
- Start date
/biz/ will fund the farms with autism coins
Spasticus Autisticus
kiwifarms.net
I'm a noob when it comes to gold, so double-check everything, but here's what I've read. Technically there are no 100% gold coins, the highest purity you can get is .9999 purity. Krugerrands and American Gold Eagles are approximately 92% gold, but they still contain an ounce of gold (or the fractional amount if it's a fractional coin) and the total weight is more than 1 oz to account for the lower purity. Pretty much every other coin is .999 or .9999. If you're concerned about counterfeits or fakes, just buy from an established and reputable dealer. Don't buy on eBay or in a private sale unless you have the ability to test the coin and have a way to get refunded. Bars tend to have lower premiums than coins, so if you want to buy gold as cheaply as possible then bars might be a good option, but the same warnings about avoiding fakes apply.
Jarolleon
kiwifarms.net
I guess you can say the Spanish Conquistadors were the first to turn lead into gold.
Are they just minting tons of the creepy Joe ones, or is it because more PM buyers are anti-globohomo and would buy literally anything but that?Before the wsb shit and $usd panic I used to have lots of luck just going strait for "whats you best cash price for this?" in person. Not on the phone, not in email. Saved me on tax lots of times.
Another option if you where planning on picking up stacks of 1oz gold Krugerrands or ASE's then just take a drive to a tax free state. Not all states charge tax on PMs. This was how it worked in the before times. Now noone has anything in stock and if they do they want top premiums. The coin show I used to do lots of buying at is already canceled. Gold is fixing to take a big dip and I can't buy anything because everyone is OOS or shutdown.
For online check out https://findbullionprices.com/
It indexes the pricing on all the major sites. JMBullion and APMEX are 2 I always had good luck with on generic stuff.
I don't know what the fuck a Vat is but you should probably figure out a way not to pay that. Arn't the Britannicas legal tender in the UK? Why not just get those and skip the sales tax and "vat"? They are a great coin in gold and silver.
A real sad state of affairs when one of the few "cheap" silver rounds you can actually get is a creepy Biden coin and its still 5.xx over spot
If your just starting now good luck.
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FUCK CRYPTO. HEIL GOLD.
Anyone looking to buy government silver in North America, go with Canadian Leafs, they run a cheaper premium by like 5 bucks
What's the situation on silver. I was only buying gold for a long time but have an option to buy some 1kg silver bars and wonder if it's worth it over other things. Was thinking about a shitton of 1/10 oz silver coins originally since these will be actually useful as a currency when hyperinflation finally hits
I try to split my stacking evenly at a 100 oz silver to 1 oz gold ratio, but according to the Not A Financial Advisor silverbugs I watch on youtube, the ratio of gold to silver now makes gold the better investment these days. As such I've leaned more into gold on my last purchases.
I still buy silver though and I exclusively buy junk silver (old US coins). I too am hedging for trading as currency in a hyperinflation scenario, and I like them because the small sizes give flexibility. Also they are very recognizable and hard to forge (especially the wear on a 70 year old circulated dime.
Metals going on up, almost like the shitty Fiat dollar keeps getting debased by a pedophile and Solomon Central Bank (FED).
Picked up my first metal buy this week with about half a kilo of silver in various bars. Without PL'ing, my education and what I do has me very concerned about hyperinflation coming with current monetary policy. I'm fucking obsessed with metals now and figured I'd stick with silver as it's what casuals like myself will probably be jumping on.
This is what I came to this thread for. I figured I'd eventually start spreading my money across gold/plat/silver but hadn't thought about ratios. I also have an extensive coin collection including a fuckload of pre-65 quarters. I figured out as a young person working a cash register that if I quickly dropped an interesting-feeling quarter against the counter as I accepted if from a customer I could tell the difference by the "clack" or "clink" it made. For some reason we had a ton coming through. Kept a dollar in quarters at all times at that job to buy the silver quarters out of the till. Haven't seen that many silver quarters before or since.
Understand that for thousands of years Empires have lived and died on PMs, plebs have fought and bled for them, and the ""elites"" still hoard them massively. Only within the modern age has unbacked Beast mark Fiat been cooked up as a way to pay for endless wars and syphon true wealth away from the People. The people who, for a short time, were actually expanding the global middle class til around the early 1900s. Bankers and their puppet Kings have gone nowhere, Gold being King's coin hasn't changed, TPTB just pulled a Lucifer and made the People think they don't exist anymore. Been a slow boiling of the frog of course, all since our currency was given over to unelected Central Bankers in 1913. Like clockwork PMs were generationally syphoned away from your family, and they/you were hooked into backed, then unbacked Fiat Debt Notes. 100 years of Inflation later, and grandma's home now costs 300,000 slave notes more and Food prices aren't even tracked on the CPI to avoid riots. Post-WWII the entire world was hooked into America's fiat slave game, globalism began, and here we are at the end of it with hordes of antithetical people imported to become the new dumb huddled masses for the Bankerberg's debt Shitstem.
Is it any wonder why men like Putin talk about, "freeing themselves from the Rothschild dollar"? Why use that name specifically?
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Peter is my boomer spirit animal.
Conn4618
kiwifarms.net
I kinda like this idea, not gonna lie, but seems easily exploited. I wonder how a system like this could work though.
That's why things such as gold bills exist. Same principle could be applied at a fiat scale, where you could have gold/silver infused bills that are worth "x" value. Silver not so much, but for gold definitely.
Good information, and you get it for free. Take advantage.
Got another 11 onzs on the way.
Pulled out before the crypto crash ended up eating all my profit up.
I have a feeling that it is going to be another good summer for the metals though.
Pulled out before the crypto crash ended up eating all my profit up.
I have a feeling that it is going to be another good summer for the metals though.
Part 2, another clear and concise explanation of the Parasites at the FED who fucked our nation out of Gold and Silver and hooked us into Fiat slave debt.
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Mentally Ill Scamming the Mentally Ill, Space Age Super Friends Cult, Contact Aliens through Dolphin Sex Sounds, Interdimensional Time Warp, New Age, from 5G to 5D, Feat. Bashar
Or things I wish I knew 15 years ago.
