$ (Au, Ag, Pt) Precious Metals - Gold, Silver, and the Platinum family of metals

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Is gold nice

  • Yes

    Votes: 635 89.8%

  • No

    Votes: 72 10.2%
  • Total voters
    707
Godzilla1984 said:
To be fair, some of the pro-silver crowd are obviously industry shills.
However, silver IS undervalued.
The gold and silver ratio should be 10-15, not fucking 65-70.
Gold ain't going down, so to correct, silver HAS to go up.
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Oh yeah undeniably my friend, totally agree.
But that's to be expected whenever there's money to be made, I wouldn't be surprise if savvy WSB mods have major stakes in GME and want to keep milking it by pushing these newbies into a frenzy, good on them but sucks for the people who made this a crusade.
 
Merry said:
Oh yeah undeniably my friend, totally agree.
But that's to be expected whenever there's money to be made, I wouldn't be surprise if savvy WSB mods have major stakes in GME and want to keep milking it by pushing these newbies into a frenzy, good on them but sucks for the people who made this a crusade.
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I like the jokes, the memes, the ass reaming of Wall Street, I really do.
But the GAINZ on silvers are legitimate, just waiting.
We're creeping up on $30USD/oz for God's sake.
If it evens start to go parabolic, I'm clearing out my bank of silver maple leafs and upping my ETFs.

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It didn't spike as high as I thought it would yesterday and I think we may have seen the extent of what Reddit can do. I bought almost 60 oz in a couple purchases over the past week at $27 and under and I'm pretty happy with that.

I probably won't buy for a while though at current prices or higher unless they stabilize there. If $30+ becomes the new normal I will buy again eventually though.

That $1 spread is pretty ridic.
 
Dog-O-Tron 5000v5.0 said:
It didn't spike as high as I thought it would yesterday and I think we may have seen the extent of what Reddit can do. I bought almost 60 oz in a couple purchases over the past week at $27 and under and I'm pretty happy with that.

I probably won't buy for a while though at current prices or higher unless they stabilize there. If $30+ becomes the new normal I will buy again eventually though.

That $1 spread is pretty ridic.
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When buying, you WILL be paying over 30 guaranteed if you want just 1 physical ounce. The COMEX will continue to rig shit with the JPMorganbergs of the market - but they cannot print more physical metal, never could, which is why they needed fake paper lies to suppress the true value and keep their hordes full. Keep buying physical, kill JP Morgan. Silver was up over 40% last year, who knows what it will go to this year.

Update: Kikes have already thrown a massive tantrum and gotten the CME group involved to change the rules. OY VEY~ Flak is Strongest over the Target.
 
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If a guy already had some long-term investments and wanted to diversify a little, would it be smart and good or gay and autistic to spend maybe 2-3k a year in fun money on gold and silver for the next 10 or so years? And then start selling off around 2045 or so to bolster an early retirement?

Asking for a gay and autistic friend.
 
ObeseScreamingBlackMan said:
If a guy already had some long-term investments and wanted to diversify a little, would it be smart and good or gay and autistic to spend maybe 2-3k a year in fun money on gold and silver for the next 10 or so years? And then start selling off around 2045 or so to bolster an early retirement?

Asking for a gay and autistic friend.
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That's what I'm doing.
 
Godzilla1984 said:
That's what I'm doing.
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Same.

At best/worst hyperinflation hits and I can trade silver dimes for groceries and pay my property taxes in gold.

At worst/best it's appreciated a fair bit and I can sell a little to boost my monthly Social Security/401K budget. Even if those let me get buy, selling the metals could let me enjoy retirement a bit with extra fun money.
 
Dog-O-Tron 5000v5.0 said:
Same.

At best/worst hyperinflation hits and I can trade silver dimes for groceries and pay my property taxes in gold.

At worst/best it's appreciated a fair bit and I can sell a little to boost my monthly Social Security/401K budget. Even if those let me get buy, selling the metals could let me enjoy retirement a bit with extra fun money.
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This. Dumb people who've seen too many movies assume a civilization downturn or hard times are gonna be Mad Max mode instantly.

I always cringe when I see people say "WILL UR SILVER HELP U IF PPL HAVE GUN". We're not that late into our Roman Empire style collapse, and most people who can afford silver also can afford other supplies.

Fact is, Silver and Gold have withstood the 12,000 year value test through almost every circumstance imaginable, they will continue to hold up barring the apocalypse.
 
Dammit, want to expand my stack but all of the vendors have an inflated premium on all the Silver Eagles. God only knows when things will return to normal.

Reddit ruins yet another thing.
 
CharlesFosterOffdensen said:
Dammit, want to expand my stack but all of the vendors have an inflated premium on all the Silver Eagles. God only knows when things will return to normal.

Reddit ruins yet another thing.
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That is probably the actual price of silver. Paper silver is solely designed to suppress the price, the premiums are the correction.
 
I think lead is a good metal, I just want my wealth to be heavy, so it's hard to steal. Can you imagine how many trips it would take a hambergler to steal my lead coins. What is the speculative market for lead? How can I make my bitcoins heavier?
 
Andy Bandy Man said:
I think lead is a good metal, I just want my wealth to be heavy, so it's hard to steal. Can you imagine how many trips it would take a hambergler to steal my lead coins. What is the speculative market for lead? How can I make my bitcoins heavier?
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Lead is the most valuable of all precious metals, but for a different reason. You use your lead to protect your gold and silver.
 
Lord of the Large Pants said:
Lead is the most valuable of all precious metals, but for a different reason. You use your lead to protect your gold and silver.
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you can also use your lead to paint the inside of your shed and get high off the fumes but that's neither here nore there
 
I bought some PSLV (200 shares, 72 ounces according to Sprott's calculator) because it sounded like that's what the men with small hats didn't want me to do. Might sell it later to buy Gamestop stock again idk.
 
Hi guys.

So waaay back in 2008 I read a blog called http://thehousingbubbleblog.com/index.html by ben jones.

People in the comments would talk about the coming collapse of the dollar and how having PM s would protect you.

Then the doomday like people would come in and start yelling about how if the dollar collapse you gonna need guns bullets AND BEANS mother fuckers!

The reason I bring this up is my GF started asking me about PM's and I told her everytime I try to read up on the issue the discussion always devolves that way.

There s one silver bug I know that I will respect, he "allegedly" slings some drugs, and lets the homeboys know he s down for sliver, and he checks out of estate sales and picks up silver coins there.

Rumor is his coin collection is like 400 pounds.

Also Nthing the go to a pawn shop I picked up some 1 OZ sliver bars there a year ago a presents

Thank you for coming to my ted talk
 
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