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

Is gold nice

  • Yes

    Votes: 475 88.3%

  • No

    Votes: 63 11.7%
  • Total voters
    538
Someone at SDBullion made a typo IMG_0420.jpeg
 
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Kujo Jotaro said:
The little tid bit at the begining about Micro strategies purchasing most of the mined supply for the year is insane, dude is literally single handedly keeping btc afloat.
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Saylor understands Bitcoin has no inherent value and is acting accordingly. His bet will either make him a trillionaire on paper or bankrupt Microstrategies.
 
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Sexy Senior Citizen said:
Saylor understands Bitcoin has no inherent value and is acting accordingly. His bet will either make him a trillionaire on paper or bankrupt Microstrategies.
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I won't be touching it because lol lmao, but it has been very impressive how much wealth has been built off the combination of banks being niggers and get-rich-quickers being ultra turbo niggers.
 
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General Emílio Médici said:
The Microstrategies thing is basically the same sort of witchcraft as playing with currency conversion. The only difference is they are using Bitcoin to do it instead of a different type of FIAT.
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There’s a limited amount of Bitcoin that can be mined. If you consider it fiat then in you’re retarded logic so is gold.

Also, I hate to point this out, but only cranks yearn for the retard to the gold standard.
 
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Sexy Senior Citizen said:
Saylor understands Bitcoin has no inherent value and is acting accordingly. His bet will either make him a trillionaire on paper or bankrupt Microstrategies.
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Whether an old Fiat Ponzi, or a new Digital one, they all inherently have no tangible Value, and they will all return to Zero.
Methinks people should consider getting out of stonks and into tangible appreciating assets that you can own and hold, with no counter-party risk, with no state controlling the on/off ramps in order to even "play the game". It's time to return to owning things with actual value, things that take both time and effort to produce - thus giving them their inherent value. 1s and 0s on a screen are just a new kind of debaseable evil, and with CBDCs, you don't even get a cocaine-dust-filled fiat dollar to go with it...

"You will own nothing, and you WILL be happy." - Jew
 
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Lone MacReady II said:
Whether an old Fiat Ponzi, or a new Digital one, they all inherently have no tangible Value, and they will all return to Zero.
Methinks people should consider getting out of stonks and into tangible appreciating assets that you can own and hold, with no counter-party risk, with no state controlling the on/off ramps in order to even "play the game". It's time to return to owning things with actual value, things that take both time and effort to produce - thus giving them their inherent value. 1s and 0s on a screen are just a new kind of debaseable evil, and with CBDCs, you don't even get a cocaine-dust-filled fiat dollar to go with it...

"You will own nothing, and you WILL be happy." - Jew
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Ok so I'm no crypto nerd and know nothing so feel free to just call me a tard and move on, but as far as I know the 'real value' of bitcoin comes from the way the software sidesteps around third party trust. As long as banks are run by dirty kikes who extrajudicially deperson people for violating the sanctity of whatever demonic investment philosophy is popular with globalists this year, bitcoin will have a degree of inherent value.

Is it inflated by fake value? 100%, but under all of the heeb games, decentralized proof of work is a meaningfully valuble thing in itself. A big crash won't remove the desire to get around shitty debanking policies.
 
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Lone MacReady II said:
Whether an old Fiat Ponzi, or a new Digital one, they all inherently have no tangible Value, and they will all return to Zero.
Methinks people should consider getting out of stonks and into tangible appreciating assets that you can own and hold, with no counter-party risk, with no state controlling the on/off ramps in order to even "play the game". It's time to return to owning things with actual value, things that take both time and effort to produce - thus giving them their inherent value. 1s and 0s on a screen are just a new kind of debaseable evil, and with CBDCs, you don't even get a cocaine-dust-filled fiat dollar to go with it...

"You will own nothing, and you WILL be happy." - Jew
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It's not that you're incorrect, it's just much better for your mental and financial health to accept the fact that we exist in the Clown Dimension where objective reality, fundamentals and common sense barely exist. Life is much easier to deal with once you've taken the Clownpill.
 
What's the best way to go about selling silver when you need to? I've only got about 4 kilos of various purities from billon to 999 but ~4kg is the total purely silver content, so it's a fair bit bulkier than that and in a range of form factors, with some coins that have more numismatic than precious metal value. Is it better to do it piecemeal, a little bit here & there so time is actually taken to value the pieces individually, or just dump it all and take my chances?
 
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FedPostalService said:
There’s a limited amount of Bitcoin that can be mined. If you consider it fiat then in you’re retarded logic so is gold.

Also, I hate to point this out, but only cranks yearn for the retard to the gold standard.
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Oh great, some computer program that has been duplicated millions of times under other names has a fixed supply.
 
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PandaChai said:
What's the best way to go about selling silver when you need to? I've only got about 4 kilos of various purities from billon to 999 but ~4kg is the total purely silver content, so it's a fair bit bulkier than that and in a range of form factors, with some coins that have more numismatic than precious metal value. Is it better to do it piecemeal, a little but here & there so time is actually taken to value the pieces individually, or just dump it all and take my chances?
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Congrats you've discovered the reason why silver is not the great thing everyone says it is, because it's hard to sell.

Ignore the numismatic part, unless it's graded (and even then) nobody will really care unless you are ready to put it on ebay and wait for a buyer willing to pay.

Collectpure.com is OK, they pay reasonably well and even cover shipping which will be an issue for 4kg of silver. You will have to break down exactly what you have, and they may not have every numismatic thing listed so instead of paying a premium for that beautiful 10 oz Una and the Lion bar, you may need to sell it to them as "generic 10oz bar." It's good for stuff that's common at least.

The rest of it, you can try the big coin dealers like APMEX and the local coin store. Everyone will pay less than what you think you should be getting, but shop around. Can also try eBay or Facebook or Reddit, depends on how long you want to wait to get the last dollar.
 
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General Emílio Médici said:
The Microstrategies thing is basically the same sort of witchcraft as playing with currency conversion. The only difference is they are using Bitcoin to do it instead of a different type of FIAT.
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Honestly treating crypto like forex might be fun if there weren't a fuckzillion different shit coins.
 
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