/pmg/ - Precious Metals General

Any UK bros here? I started stacking Gold/Silver and another anon referred me to BullionByPost and we both got a free 1oz Silver Britannia. Got my first shiny and now I'm hooked. If anyone wants to use the offer sign up on BullionByPost. And when it asks "how did you hear about us" click "referred by a friend" and put in the code:

6GFL 6V01

I ordered the 1/10 oz Gold Britannia to qualify (gotta spend £250 min).

say I want to buy one of these 100gr gold bars
do I need to keep them in some sort of protective plastic?
the dealers all recommend buying white cotton gloves. I was just thinking putting it gently in my safe
how do you even buy them? you guys receiving $10k hunks of rock by mail?
what gives you the confidence that it wasn't swapped out for a fake on the way.
And say you want to sell it later. What's the markdown? are there "we buy gold" stores in most major US cities? are they like pawn shops?

do I need to keep them in some sort of protective plastic?

the dealers all recommend buying white cotton gloves

just to keep from scratching the finish, it's not that important really

It's truly amazing to see the incessant nonstop shilling for precious metals that goes on here. The banks all over the world are stacking bitcoin in secret and the media is blasting all of the news about gold. This is a massive rugpull waiting to happen. The 2025 financial landscape also has the looming specter for a short squeeze in bitcoin similar to 2017 and many suspect that gold may be one of the assets collateralizing this short position. When the unwind begins, it ALWAYS starts with selling first. Gold is a trap. If the economy stops pumping credit into the system you'll see all of these inflated precious metal values collapse - which is why you can't focus on price of assets if such an event is looming. I prefer to stay on the backfoot because I would rather be right when things are bad than at any other time.

So what motivates you guys to stack precious metals?

- It's a diversification of wealth (5% in my case).
- They can be little pieces of art that I enjoy imaging.
- When the time comes, I can distribute the PMs without gov't involvement (makes a nice gift).
- It's tangible, fun to see as a stack.
It comes with drawbacks, too:
- It's another vulnerability (subject to robbery, e.g.).
- Significant wealth in lower-priced PMs (silver mainly) is massive (I should have been stacking far more gold but I was thinking of the art and gold was boring for years).
- You can't talk about it with anyone irl (if you do get robbed, you suspect those who know of perpetrating or blabbing).

a lot of the silver bars I see here look perfect. so much so that they almost seem encased in plastic wrap (polishing all that silver seems like a hassle otherwise)
is that what people are doing? shrink wrapping their silver? gold doesn't tarnish but it scratches easy as you say.

do I need to keep them in some sort of protective plastic?

Gold does not tarnish, but it's soft and easily scratched.

the dealers all recommend buying white cotton gloves.

It's more product to sell, but it's not a bad idea to have a pair. For me, I wash my hands before handling for photography - cotton gloves inevitably leave fibers I have to edit out of pictures (pic related).

how do you even buy them?

I have no local coin stores close by, so yes, by mail.

you guys receiving $10k hunks of rock by mail?

I've never ordered that much at once but yeah, that's how I'd do it.

what gives you the confidence that it wasn't swapped out for a fake on the way.

Shipping offices don't have criminal teams that counterfeit packages. I'll take my chances with an unusual piece from ebay or other places, but mostly I buy from dealers. Imagine how fast they'd go out of business and maybe into jail if they sold fake stuff.

And say you want to sell it later. What's the markdown?

Depends on who you sell it to, but the idea is to keep teh stuff. I intend to gift it all in my twilight years.

are there "we buy gold" stores in most major US cities? are they like pawn shops?

Yes. They will offer low-ball prices. It's their job to rip you off. Many aforementioned reputable online dealers will buy back PMs, often posting their prices online.

banks all over the world are stacking bitcoin

They're not.

stackers have a persecution complex

Bruh you practically live here, all you do is mock us for our wholesome and rather comfy pastime

Doesn’t qualify as “persecution” but it’s rather odd for a self described btc millionaire to waste time shitting on a handful of hobbyists on some Mauritanian stick carving forum

thanks for the thorough answer, anon
I've been DCA'ing crypto and stocks for a number of years now and I'd like to work my way up to 1KG of gold over the next couple of years
what I'd like to do is 100gr every quarter and then after 3 years sell it back to the dealers and just buy 1 kg bar
is this a feasible plan? mailing the shit or having it mailed makes me anxious

Recently got my hands on few XIIth c. silver deniers from feudal german archbishopries, one made me kek out loud.

Were the bishops the OG soibois?

flip side

Central banks AKA Big Gold forced to buy one third of annual gold production to prop up the price

This is no different than the diamond cartel DeBeers restricting supply so prices of diamonds don't crash.

Without Big Gold buying one third of annual production gold would fall to it's true price of $350

is this a feasible plan?

Depends on your budget.
I wouldn't bother consolidating into one bar though. You'll surely pay some exchange fee, a single big bar is more difficult to sell, and you can't share it among several people if you ever become inclined to give it away.

nice find :)

vortex bar is on sale

wow, jm bullion coming through with a real steal of a deal

Gold will crash as more central banks ditch gold and buy bitcoin. Bitcoin to hit $5 million by 2032. Thats only a 50X from here

pmg isn't your private incel forum it's for discussing business and there's 2 or more sides to investment options.

anyone else get an ultrabreaks? it just dropped if anyone here cares

there are a couple videos about it in my feed but i didn't get one

ultrabreaks

Looks contrived
Pass

You know whats funny, no one goes into /tcg/ and shills bitcoin to the cardboard collectors.
We truly are the most persecuted general on Anon Babble.

The reason they are hyping up BTC is to corral the outflows of capital from the ruined financial system and keep it suspended in an asset that does not draw-down real world resources. This takes pressure off of precious metals and they hope to slow down a catastrophic flight to safety. A resource shortage can not possibly be alleviated by the creation of a replacement fiat. The problem BTC is going to have will be outflows of people looking to cash in their BTC to lock in real-resources. And they will find themselves too-little too-late to do so. Scarcity alone is not going to be a sufficient threshold when the credit bubble implodes.

it sold out already?

i just got a text saying 80% sold so if you want one grab one now

Scarcity

Bitcoin's "scarcity" is to fool midwits into believing that it's actually scarce. That's the magic trick.

I barely know what they are. Are they basically graded coins in packs, and the idea is that there are random high value coins that you can get? How much are they?

filter the keywords "bitcoin", "crypto", and "stacktard"

thread immediately becomes 10 times better and there is nothing the ip hopping jeet spammer can do about it

they vary depending on the release the current release is $229 and they are all PSA graded silver or gold coins. theres a release of like 2000 coins and of those like 16 are gold. some of the graded silver coins are exclusive or limited. its basically gambling thats it. you are guaranteed 1 ounce of silver in this release or better basically so the way i view it is a free lottery ticket because in a few years i can sell the silver coin when silver is $200/oz for my money back and i got a 1% chance for free of getting a gold ounce coin for $230

so the way i view it is a free lottery ticket

Yeah, that's a great way to buy PMs.
not

Glut

Silver's "glut" is to fool incels into believing that it's actually scarce. That's the magic trick.

A resource shortage

There's a glut of metals, foods, oil etc. The only resource with a shortage is bitcoin. Why would anyone sell bitcoin ?

This guy is gay

Kektop
Yall claim persecution because someone argues the other side of the precious metals trade, proving you aren't investors but a social club for broke and depressed incels. I'm just trying to help you get rich like me

We truly are the most persecuted general on Anon Babble.

You haven't refuted a single point, ever. You deleted your iq, and shill bitcorn in a thread about precious metals. You don't own any assets, you don't have a family, hell you don't even own a car!

Kektop

Pic related. It's you, iqdelete the dalit.

Checked, three truly is a magic number

The pent up demand tucked away in credit assets DWARFS the real world economy.

$56TN bond market is a claim against a $22TN GDP.

Even the global production of oil is only $660 BN. Silver's annual value is a paltry $24BN. If any change in mood or inflation starts to pick up and capital leaves the bond market to seek out other assets things will dry up very quickly. You can't just go and write a check for $24BN and buy 100% of the silver. The price will run as the supply dwindles. People will literally have more cash to spend than they can find goods to buy. And they can only even sell their bonds if the central bank is nice enough to step in to provide liquidity (or allow interest rates to skyrocket without it).
None of these things even remotely frighten me since I own precious metals.

Bitcoin carries values that gold or fiat lack. Its decentralized nature makes it stronger than any single tech company or single brand. It's a societal force that sways elections, shapes society, and changes real lives. With human values at its digital core, BTC may be humanity's greatest asset.

Thank God filters are a thing, otherwise i would have to waste my time reading this guys garbage.

So do it on the open forum lmao, why shit up this cozy general for almost 3 years?

Most anons come and go based on their free time, you’re basically the only ever-present force in this general. A rich person who hates PMs would never value their time this poorly

STOP ENGAGING WITH BAD ACTORS

Repo market is gonna crash in a few weeks.

recession before the end of summer.

Repo market?

youtu.be/49TYOX6Pf6I

that pic

those digits

Truly blessed

Last time the repo market crashed was in fall of 2019, and the damage it caused ultimately lead to the subsequent crash of the markets a quarter later in march of 2020 (people sometimes refer to this as the "covid crash" but covid didn't cause it, but it did exaserbate it)

What does that ultimately mean? Well, when large financial institutions run into liquidity issues they have to sell assets to stay solvent, so expect basically everything to go down, and "risk-on" assets to tank hard.... at least until the fed turns on the money printer. in 2020 this tanked everything, stocks, bonds, crypto, metals, etc. Metals rebounded really hard afterwards though, so I am personally preparing to scoop up as much as I can during the dip. This isn't a guaranteed thing, since the market dynamics surrounding gold and silver have changed quite a bit and have more participants, but I do expect to see an upsetting amount of red across the board.

Everyone is expecting a recession

I would discourage leverage usage in the next 30~90 days, but ymmv.

They should.

you could probably pay someone to make you one for under $500

Lol, you may be the first genuine silver shill I've seen on here. Iqdelete, plz be doing the needful saar.

Is that in vanilla Anon Babble? I don't see it on mobile.

People here seem intent on getting silver scammed it's just a fight among the scammers as to who gets the money, Ultrabreaks, Todd's Garbage, Minty, The Royal Mint (as hideous as Todd's Garbage) local coin shops etc really doesn't matter your money and future is gone. Good business opportunity really as pmg incels become more degenerate and desperate. That's what I'm here to study. Read this tweet, is that not what's happening here?

wow, max long degeneracy

anything for money, says the rat