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

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Is gold nice

  • Yes

    Votes: 636 89.8%

  • No

    Votes: 72 10.2%
  • Total voters
    708
Gimme dat gold.
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As I said in another thread I was obsessed with the idea of reclaiming gold from old computer parts.

I even found a forum with like minded people and bought a CD-R with instructions on how to go about it and a recipe to make aqua regia, which is the only mixture known to dissolve noble metals.

The problem is that shit is pretty dangerous if not handled properly, so I never got to making any.

I still might sometime in the future. I like the idea of making my own bar of gold.
 
Anybody like silver too. I like silver too. But I like gold better because its best utility is that it lasts forever and isn't required for raw material processing. Silver is used in a lot of industrial material while gold doesn't need to be. I like that because it has one specific use and it's bling bling.
 
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NOT Sword Fighter Super said:
Gimme dat gold.
View attachment 2007745

As I said in another thread I was obsessed with the idea of reclaiming gold from old computer parts.

I even found a forum with like minded people and bought a CD-R with instructions on how to go about it and a recipe to make aqua regia, which is the only mixture known to dissolve noble metals.

The problem is that shit is pretty dangerous if not handled properly, so I never got to making any.

I still might sometime in the future. I like the idea of making my own bar of gold.
Click to expand...
Gold from computers is extremely negligible, and is only viable from very old ram and processors, maybe some GPU fingers as well, but the amount you extract is small, so you need like a gallon of electronics waste for it, and any mercury inside will contaminate the extraction process, and the only way to extract mercury out of the gold-mercury amalgam is to burn it off, which is horribly toxic
 
I prefer silver, I think silver looks much nicer than gold. Unfortunately I live in the UK and silver is used in industry, so buying it comes with a 20% VAT added on, unlike gold. Unforunately gold is also expensive as fuck. It would be nice if the bitcoin meme made gold a bear market, but alas it hasn't happened.

For those who have invested in PM, are you planning to hold forever or just flip for a profit?
 
themasterlurker said:
Gold from computers is extremely negligible, and is only viable from very old ram and processors, maybe some GPU fingers as well, but the amount you extract is small, so you need like a gallon of electronics waste for it, and any mercury inside will contaminate the extraction process, and the only way to extract mercury out of the gold-mercury amalgam is to burn it off, which is horribly toxic
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A great job opportunity for pajits
 
NOT Sword Fighter Super said:
Gimme dat gold.
View attachment 2007745

As I said in another thread I was obsessed with the idea of reclaiming gold from old computer parts.

I even found a forum with like minded people and bought a CD-R with instructions on how to go about it and a recipe to make aqua regia, which is the only mixture known to dissolve noble metals.

The problem is that shit is pretty dangerous if not handled properly, so I never got to making any.

I still might sometime in the future. I like the idea of making my own bar of gold.
Click to expand...

This is an interesting idea, I've heard of people doing a similar thing but with rare earth metals. Some of them are more valuable than gold.

Palladium reclaiming might be profitable as well since if hydrogen energy ever gets popular palladium prices would skyrocket
 
Erika Furudo said:
I prefer silver, I think silver looks much nicer than gold. Unfortunately I live in the UK and silver is used in industry, so buying it comes with a 20% VAT added on, unlike gold. Unforunately gold is also expensive as fuck. It would be nice if the bitcoin meme made gold a bear market, but alas it hasn't happened.

For those who have invested in PM, are you planning to hold forever or just flip for a profit?
Click to expand...
I'm planning to hold until after the currency becomes worthless, which seems all but inevitable at this point. My staple right now is "junk silver" pre-65 coinage more than the pure bullion. Haven't branched out into gold just yet.
 
I like Gold, I own a stack of gold coins and a few bars. I like to take them out and look at them.
I own much more silver. I also like looking at them.
As far as investments go, Gold is an excellent way to not lose money, or make money. Unless you're already stupid rich.
My friend's dad does well with Gold, but he plays around with min 500k bids.
 
Been buying gold and junk silver in roughly equal value amounts for the past year. Every tax refund, every rebate, every stimulus. If they're gonna BRRRRRRRRRRRR the $ into oblivion, I'm gonna have at least something to show for it.

Last Sunday I dropped all my Bidenbucks on fractional gold,
 
Dog-O-Tron 5000v5.0 said:
Been buying gold and junk silver in roughly equal value amounts for the past year. Every tax refund, every rebate, every stimulus. If they're gonna BRRRRRRRRRRRR the $ into oblivion, I'm gonna have at least something to show for it.

Last Sunday I dropped all my Bidenbucks on fractional gold,
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Precious metal gang will rise up in our new Weimar era!
 
I'm looking at picking up some gold bullion for long-term holding. There's a shop in my town that sells a variety of bullion coins, and the prices are competitive with online sellers. For the 1 oz coins, there is a fairly large price difference between the coins. The American Eagle and Buffalo are the most expensive while the South Korea Chiwoo, Australia Kangaroo, UK Britannia and the Krugerrand are among the cheapest. From the perspective of long-term value preservation, is there much of a difference between these? Are the American coins more expensive because they're more liquid? Or is it OK to just grab whatever is cheapest? Or maybe get a mix of coins?
 
I got my first golden coin the other day, it's pretty cool. Feels more valuable as my debit card and bank account and I'm going to get more (plus silver, I only have a little bit of that now) soon.
NOT Sword Fighter Super said:
Gimme dat gold.
View attachment 2007745

As I said in another thread I was obsessed with the idea of reclaiming gold from old computer parts.

I even found a forum with like minded people and bought a CD-R with instructions on how to go about it and a recipe to make aqua regia, which is the only mixture known to dissolve noble metals.

The problem is that shit is pretty dangerous if not handled properly, so I never got to making any.

I still might sometime in the future. I like the idea of making my own bar of gold.
Click to expand...
This is what they do in Africa. If you ever wonder where your computer/similar shit goes after you trash it, they put it on a ship and send it to scrapyards in places like Ghana or Nigeria, where businesses (usually with links to the government and/or organized crime) employ little kids to go cook the scrap to recover the gold. They breathe a lot of mercury fumes and shit.

The real treasures are intact hard drives though, which they'll go through looking for any sort of information they can use. Usually it's shit that gets sold to the criminal rings that organize 419 scams (Nigerian prince stuff) but sometimes they get actual financial information. Always smash your hard drive when you're done using it.
 
Spasticus Autisticus said:
I'm looking at picking up some gold bullion for long-term holding. There's a shop in my town that sells a variety of bullion coins, and the prices are competitive with online sellers. For the 1 oz coins, there is a fairly large price difference between the coins. The American Eagle and Buffalo are the most expensive while the South Korea Chiwoo, Australia Kangaroo, UK Britannia and the Krugerrand are among the cheapest. From the perspective of long-term value preservation, is there much of a difference between these? Are the American coins more expensive because they're more liquid? Or is it OK to just grab whatever is cheapest? Or maybe get a mix of coins?
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I was told to just get bullion in form of coins and avoid paying premium.
 
Spasticus Autisticus said:
I'm looking at picking up some gold bullion for long-term holding. There's a shop in my town that sells a variety of bullion coins, and the prices are competitive with online sellers. For the 1 oz coins, there is a fairly large price difference between the coins. The American Eagle and Buffalo are the most expensive while the South Korea Chiwoo, Australia Kangaroo, UK Britannia and the Krugerrand are among the cheapest. From the perspective of long-term value preservation, is there much of a difference between these? Are the American coins more expensive because they're more liquid? Or is it OK to just grab whatever is cheapest? Or maybe get a mix of coins?
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Ultimately gold is gold. If you're stacking to stack, you want to get the lowest premiums and not pay more for collectability. Like when I buy Eagles, I could give a shit about the year.

In a scenario where gold becomes somewhat liquid in day to day commerce, I think American Eagles would be easy for a layman to identify and value. But I haven't been afraid to get pesos or ducats.
 
My father is Italian and is obsessed with the Roman Empire. Has a room just dedicated to stacking all of the books he has on it. For his birthday I bought him a Roman Solidus gold coin with Emperor Honorius.

Look at this coin awesome coin, with Honorius's foot on a bound captive.
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world of shit said:
My father is Italian and is obsessed with the Roman Empire. Has a room just dedicated to stacking all of the books he has on it. For his birthday I bought him a Roman Solidus gold coin with Emperor Honorius.

Look at this coin awesome coin, with Honorius's foot on a bound captive.
View attachment 2025185
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Your father is clearly a man of taste, as shown from his admiration of Rome and his interest in Precious Metals.


Keep buying gold and silver bitches, you'll thank me later.
 
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