Silver virgin here, how do you invest in silver/gold in a reasonable way? Looking at coins and bars they sell for a premie as high as the metal value. Basically a coin cost twice its weight in pure metal. At this speed you need to hold for 15 years just to break even. Are you guys doing that or is there any way around this?
Lucas Scott
>user silver won't be worth anything >user silver iwill be useless once we're forced to find another solution in technology circuitry I tried explaining that it is still a unit of measurement & always has been side by side with gold.
Anyone getting excited for Q3 earnings to come out for mining companies? Those may facilitate a decent influx of new investors.
Luke Lopez
If you see premiums at twice the cost, you're looking at the wrong places. Silver premiums typically are around 10 percent of the spot price at current market prices.
Jonathan Fisher
>a premie as high as the metal value where are you shopping? yes, premiums are high but double is an absolute scam lurk /pmg/ a while and you'll see that a lot of anons have strategies to maximize bang/buck meanwhile go to one of the dealers in the OP and get a couple or a few American Silver Eagles, or some constitutional 'junk' silver. You want to dollar cost average into this stuff anyway.
Jonathan Morgan
You need a bit of variety, but buying new is tge most safe & most sought after. 200 silver oz for every 1oz of gold. For every 5oz bar/coint you need 20oz of 1 oz coin/bar For every 10oz bar you need two 5oz bar/coin & 40 single oz bar/coin.
2oz & 3oz bars/coins are valuable only in high quality in my opinion...why? Because the premiums are typically lower the more you buy & become easier to manage in trade so ling as you have enough to hold & trade/sell without breaking you one way or the other.
People look down upon silver going below even 1oz mintings due to premiums, but there's still those that will even buy down to a single gram or more likely than not 1/10th of an ounce in high quantity for trade and payment purposes only like junk silver.
Ensure you have junk silver for daily transactions if/when the colapse happens. 2 used mercury dimes = 1 days wage/expenses for a single person.
Both junk silver & and anything fragrional below 1oz silver bars/coins should only be regarded as a means of society colapse/fiat colapse day to day currency.
There hold pile... The currency day to day pile... And the sell for gains pile... Most anons as myself never want to sell their silver...ever.
Austin King
reminder that prostitution for precious metals is the woman exploiting the stacker, not the other way around sex is not work. and sex is not a resource. roasties are trading nothing for something
You’re correct in that paying for a sexual encounter with your silver is just a waste, but I could imagine there would be a booming sex slave market post SHTF. Young virgins would probably sell for an astronomical rate like 200ozt of silver or 2.5ozt of gold, while roasties would sell for much less, probably the older they are the less they cost, say 40ozt for a 40 year old roastie or 60ozt for a 20 year old roastie >inb4 “Have sex incel”
Cameron Nelson
How about 80?
Benjamin Stewart
>40ozt for a 40 year old roastie haha, fuck no 40 y.o. roastie isnt worth a loaf of bread
Aaron Wilson
>40toz for a roastie Dude, whores aren't worth that much now. Virgins aren't even that much now.
Levi Smith
Are you guys still buying?
I'm currently reading the wealth of nations and I have the urge to buy another tube. But I'm wondering whether to wait until Tuesday, since usually they batter silver around that time.
Caleb Bailey
An user in the previous thread stated that defaulted loans cause deflation and that the money disappears causing deflation, but that doesn't make sense. That money was given to the banks by the fed and is now in circulation instead of returning to the bank. So, wouldn't this result in inflation instead?
Austin Hernandez
>At this speed you need to hold for 15 years just to break even. Are you guys doing that or is there any way around this?
Welcome, what country are you in? Even in the USA it varies by state and some people must pay sales taxes on numismatic and bullion purchases.
If you let us know where you are we can help point you to the right dealers, in the USA 90% silver old constitutional coins are among the cheapest per ounce worth of silver, at least when purchased at a local coin store.
Lots of strategies to get cheap Silver, some people cruise yard sales and estate sales for coin collections and sterling, some search eBay (and dusty coin shop shelves) for obscure uncirculated or proof sets priced below spot value of the silver coins, some go metal detecting for it which is lots of fun, and I've been an ambassador of scrapping and refining junk antique silver items.
What even most stackers don't seem to get is the fundamental monetary nature of silver regardless of form, and then how one sources in "inefficient markets" where perceived values are more malleable and arbitrary, such as the antique and collectible market, for cheap unrecognized unappreciated silver items containing much more than the asking price worth of silver.
When you collect silver from "inefficient markets" below spot value, it is then easy to get it refined into bullion which transforms the silver into something that automatically now fetches "efficient market" bullion prices (plus premiums too if you retail yourself) and is recognized and exchangeable globally. My refined returned silver costs less than 20/Ozt total currently which is basically like minting money, it's pretty cool. Plenty of ways to get cheap Silver, just takes extra work fren.
I’m not talking about renting I’m talking about OWNING. They will literally be your property and you can have infinite sex
Christian Stewart
Well most of the printed money disappeared into billionaires pockets. I can't explain too much because I'm like, dumb. But when the fed printed 2 trillion dollars, 1.5 trillion was not seen by the average american. it probably went to corporate buy backs or CEOs pockets. Plus who knows how much more the fed printed during that time.
Jaxon Lewis
i doubt things will get that bad, besides, owning slaves is a bad investment. if there is no enforcement agency the slave can just walk away. if you are the enforcement then that's just kidnapping. why bother paying at all then? if the woman sells herself into servitude, what keeps her from walking away when your part of the bargain has been fulfilled i.e briffault's law. what will happen is a) prostitution and b) women staying in "relationships" with men having resources really nothing different from what is happening right now
Wyatt Howard
roastie still isnt worth that much now young virgins, that will be a previous commodity worth trading Precious Metals for
Zachary Thompson
I fucked a 40 year old milf silly 2 years ago and now she's literally telling me she can't be with anyone but me. She was fun and she actually listens to me ramble about money and politics, but the age difference is pretty big. I bring this up because when she tells me that she can't be with anyone else, she also tells me she has a ton of money (milf has been saving since 18 years old) and that if I ever need anything to just ask. I'm actually in a position to fully exploit someone, but it just feels so wrong even thinking about it. What do anons.
Jonathan Ramirez
Can you make her your mistress? "Hey you can be my girlfriend, just not my only girlfriend"
Jonathan Mitchell
Probably. She would literally do anything to be with me at this point based on how she's been talking to me. Thats not a bad thought user
Jaxon Turner
if i were in that situation i'd have no problem getting into a releationship with a 40 y/o milf. i'd demand complete control over her bank accounts though. women shouldn't be in charge financially
Daniel Collins
The way I understand it when a loan is created the money supply is increased and when it is repayed the money supply shrinks. I would assume that if you repay the loan only partially the net money supply is increased.
Lucas Wright
>An user in the previous thread stated that defaulted loans cause deflation and that the money disappears causing deflation, but that doesn't make sense. You need to understand that debt is just another form of credit. When somebody defaults on their debts, that credit vanishes, causing deflation. What causes inflation is when the Fed responds to this deflation by printing more money to sustain the economy and stop it from crashing.
Thomas Ward
I think I was given like 25 Susan b. Anthony coins & like 20 Sacagawea coins.
They were given to me for my birthday years ago. Is it a good time to sell them off? What use is collectable fiat!? Its really not much...
Levi Foster
She would give it to me. She was asking me what to do with her money last night after I told her I believe an economic collapse is imminent.
Michael Ortiz
>60ozt for a 20 year old roastie way too steep
Wyatt Ramirez
what i mean is, what would be hers would now be mine. bitches don't need to own stuff
Elijah James
Do you want a family? Bear in mind that even if she's looking good right now, her looks will fade away rapidly as she approaches 50 and upwards. She's attached to you because literally noone else will have her and she will probably throw everything she can offer to you for a bit of attention. But there is probably a good reason why a 40 year old woman is single. Now if her husband is dead or something, then she might be all right, but otherwise she probably has an awful personality.
If you stay with her you're giving up the chance to have your own family. And honestly, I wouldn't be able to bring myself so low as to exploit her. That's bottom of the barrel stuff.
Dylan Howard
Sounds like a difficult situation to be in. I wouldn't exploit anybody, I'm too much of a moralfag for that. If she wants to be in a relationship and you're not feeling it, it won't work out. If she just wants to fuck you though you could arrange some form of payment deal with her in mutual understanding. That would be beneficial for both of you. Become a male prostitute
When someone defaults on their debts, the loaned money stays in circulation. Paying back loans is deflationary, not defaulting on debt.
This is correct
Easton Allen
the beautiful thing is that either mass inflation or deflation is good for PM's. if we get deflation, the whole economic system will come tumbling down real quick, because its a usurist debt based hyper consumption machine that need a constant inflow of liquidity. To stop this, the government(s) have to print excess money and inject it into the system(inflation) to keep it alive. This increases prices nominally but in reality confidence is lost and capital flight takes place causing real values to plummet. If you are hedged against economic collapse right now, you cant lose.
Michael Cox
Try it, just don't tell the women that they can date around cause that's just getting cucked, don't lie and say you're not dating around, and don't burn yourself out promising to commit too much time to your girlfriends.
Evan Powell
>roastie still isnt worth that much >now young virgins I think you might be right, I mean the amount of 30-50 year old roasties that would be selling themselves would be so astronomical that the market would be saturated and you could get one for cheap. I’d like to imagine that roasties with herpes, gonorrhea, chlamydia, HPV, and basically everything except AIDS would go for bargain barrel pricing and could be had for a single ASE