$500 to throw at pm's ill let /pmg/ decide silver miners, gold miners, physical gold or physical silver? currently have 54oz physical silver + 1oz gold $700 in miners
Oliver Roberts
Does anyone feel like a physical power flowing through them which I can only explain as like pure confidence when handling silver? Its a different feeling all together I have held 10s of thousands of dollars but, this one little 10oz bar I bought for 230 feels even greater.
Those are silverplated. Almost worthless. Plate is VERY thin
Nathaniel Morris
kek based and normiesarepricedout-pilled
cannot buy SILJ in my country unfortunately
Dominic Anderson
you had 5000 years!
Cameron Edwards
Unless this is the monetary apocalypse which admittedly it could be you will still have time and there will be a pullback
Lucas Brooks
The train is leaving the station for sure. You'll always have some regrets you didn't stack more but I couldn't have done anything else in hindsight. When it was under 20 USD I liquidated every stock, every crypto, even my mining shares, emptied my bank account andput it into physical silver
Brody Murphy
How do I know if silver is plated sterling or just actual solid sterling?
Julian Anderson
I do. It's the same sort of feeling that silences an entire room when a silver dollar is dropped on a table.
seriously tho grab another 10oz and put the rest into a good silver mining stocks if you want some fast gains. if you want long therm tho throw it all into silver
Chase White
what do you see as an achievable price this bull market?
Camden Lewis
Take it to your local coin shop and have them test it to see if it's plated or not, they'll tell you for free
Ping test also weight Plus don’t buy from scam merchants on eBay, buy from reputable dealers and mints
Dominic Howard
Have you guys introduced any other goods into your stack? Wine or art? The finest bone china?
Oliver Ramirez
That's the way. Just rotate into another undervalued asset when this thing gets overblown, or you're comfortable with the move.
Robert Reed
I was late to the mining stock train hence my small investment but I've opted for riskier stocks (aside from majestic) and see physical as the safest thing possible.
I might buy a 10oz Royal Mint Bar
Ethan Garcia
Precious metals always account for an increase in currency supply. While the governments and Central banks of the world are printing money there is no 'Top' only brief pullbacks and then legs higher
Anthony Ramirez
FUCKING CHAD WALK FUCK THE US FED NOTE AAGGGGHHHHH I CAN'T BELIEVE WE'RE GOING TO MAKE IT!!!!
so what's everyone's price to sell at? For me, $50 seems reasonable
Camden Richardson
How are your miners doing pmg? I picked up some cheap OTM call options on NAK today after they dumped. Exp date Jan 2021. Yeah they're a shit company but IMO with G&S prices rising, their OTM options contracts will catch a bid. Up 30% since start of day.
just get the half ounce you'll be far more satisfied than some tiny ass fleck of gold with a 6 gorillion premium
Kayden Ortiz
I will never trade my shiny for the current USD
Landon Stewart
sterling silver is 92.5% not 97.5
Jason King
fucking kek
Brody Reed
Do the math on the premium and decide for yourself. Only you can decide what % haircut you're willing to take to have physical. Bankers hate premiums which is why they traffic their shit in 400oz bars.
It was scrap; I was doing some work helping clear out and old storage room and they said I could have them. One of them is In decent shape, the other has a loose handle. I would honestly try to sell them on cl even if I could get $25 for the pair I would just buy one more ounce of silver
Nicholas Rivera
You won't get a straight answer because you need to do some basic math before you make your purchase. I'll give you a hint: buy the lowest price from a respectable mint.
Connor Lewis
Not thinking about it until triple digits minimum. If Gold/Silver ratio hasn't been below 40 when we get to triple digits, then still won't sell. If Gold/Silver ratio reaches 20 or below before triple digits, I'll be converting silver into gold.
Justin Morris
Consider buying bars from a reasonably reputable source over coins to escape those premiums. I think if you cannot afford to splash out on a $2,000 1oz gold coin, a $1,000 10g bar isn’t the worst idea ever.
You might really regret it if silver flies way ahead of gold though which appears quite likely.
Jaxon Torres
I'm an artist and I collect art, actually. Nothing super valuable, mostly drawings by friends and other artists. We're all early career fresh out of MFA programs so no ones career has really taken off yet, but they very well might. It's sort of like buying a random assortment of shitcoins, and hoping one of them moons, while also just having cool shit to hang on your walls.
>And they said, go, let us build us a city and a tower, whose top may reach unto heaven; and let us make us a name, lest we be scattered abroad upon the face of the whole earth
Argument for buying: Gold is in a bull market, and even if you wait long enough to get the cash together to buy an Oz, it will probably have risen so much in price in that time that you'll ultimately lose money. Argument for waiting until you have enough for 1oz: Premiums are super high, it might not rise fast enough and you might end up saving money by avoiding premiums.
Personally I would say buy now, but wanted to also show you the argument against it. My guess is that even if you're paying a 10-15% premium buying grams or fifths of an ounce or whatever, if it's going to take you more than a week to save up for an ounce you will probably save money just buying now.
I think it also depends how large your silver stack is. I have just 65oz of silver so desu I regret my recent gold purchase. But if you already had like 200oz+ of silver the opportunity cost probably seems less.
Jeremiah Myers
I don't get it Did the shorts just throw in the towel? Banks being over-powered by the Robin Hooders? China or Soros trying to destroy the USD?
