i'm looking to buy some silver or possibly gold incase shit hits the fan,
now should be a good time to buy some so how would i go about it?
as of now i am thinking of buying some silver online.
should i get gold instead?
don't buy online?
i have about 4k to spend max, but i don't want to go over 3k
Then you are even dumber. 3K in a precious metal is so low of an amount that it is worthless. At todays prices that is only three ounces of gold.
If "shit hits the fan" niggers will just take it from you. Any real dealer will not bother with you because you have so little of an amount.
Why not buy utilities stock or something which is actually useful if it all goes to shit like canned food if you're that worried. Income is almost certain from the former, and the latter is actually useful.
t. Regretful owner of 45oz of silver
If you're looking to secure your wealth for shtf, buy books, water, food, clothing, and tools (re: weapons).
If you're trying to cross borders, buy jewelry and bullion coins that have a face-value and only declare the face-value of the bullion coins. The jewelry can have sentimental value so if they catch wise and take your coins you can likely still keep the jewelry.
>Any real dealer will not bother with you because you have so little of an amount.
what makes you say this? is 1kg of silver not worth buying for a dealer? where do we draw the line?
>niggers will just steal it from you
possibly, my options are open, i was not planning on buying more than 1kg of silver, and now that i
look at the amount of gold $2k can buy its not too impressive.
on what scale would this be? also ausfag here so weapons are out of the question.
Depends on what you're prepping for and how long you plan to bug out/in for.
For stocking up on survival items and staying put, I'd say whatever you think will outlast your situation. There are shelf-stable foods you can make that will last hundreds of years. For bugging out across boarders, I'd bring $10,000-$20,000 in gold/silver coins and jewelry/gems depending on how savvy you anticipate the boarder patrol to be.
Make sure your documentation is up to date and start preaching religion - they'll pass you right through.
>any "real" dealer will not bother with someone wanting to spend $3000 on something
Buy ammunition, firearms, perservable food, lead, oil (for preserving tools and guns), reloadable brass, gunpowder, bullet casting dyes, water, propane, lighter fluid, booze, cigarettes, coffee, hand tools (knives, axes, etc.), and maybe even spices.
Realistically, don't even stock up on 'tradeable shit' because people will just Mozambique drill your ass when they find out you have shit.
No one is going to want your shitty 'precious' metal when shtf.
When the dollar dies, it will be good to have PM's.
No amount is too low to invest. He can put half the 3k into silver and half in gold, or about 2k into silver and about 1k for an ounce of gold.
Silver would get a higher return anyway.
PM's are tanking right now, so now is when to buy.
During SHTF the only silver or gold of use is Junk Silver for Barter.
They might go as far as to take ASE and cut them to make change. But you wont be able to trade with large bars, they will cost too much. But that is only in a end of the world scenario.
If you are talking about an Economic SHTF then you have another problem. Lets say the value of PM's go really high and there is alot more inflation.
Then nobody will want to buy your PM's Because nobody will have extra money to buy them, and they will be at an all time high, and people dont buy when its at an all time high.
They try to sell to suckers.
If you have PM's you will have to sell them to suckers, and good luck doing that when nobody has any money.
You will be stuck with a bunch of useless metal. So you can hold it for a very long time till things get better and then maybe you can sell it off then at a much more reasonable price.
My prediction for the next 5 years in metals
Gold is meh. Has a maximum downside potential of $250 but the max upside is only 4-8X current value
Silver is where it is at!
Silver could go to $8 I can't see much more downside than that.
But the upside on silver will fucking blow everyone's mind. 8X on the low side within 5 years
mark my words and save this thread
silver is a winning lottery ticket
OK so there's this:
>In economics, the law of demand states that, all else being equal, as the price of a product increases (↑), quantity demanded falls (↓); likewise, as the price of a product decreases (↓), quantity demanded increases (↑)
But in this shtf scenario, gold and silver prices will be going up because more people want to buy it, right? Why else would the price go up? People will be wanting to offload dollars to buy PMs.
Look at it this way.
When silver is down to 8 bucks a ounce you wont be able to find any silver eagles at your coin shop. It will be a shortage.
But when silver goes up to 100 have you have stacks of the eagles you wont be able to sell them to the shop. It will be a surplus.
You don't understand markets.
If there was no bid (not being able to sell at coinshop)
you test a lower price. Let's say $90
can you sell at $90? No?
try $80 Still no?
try $70 yes you sell at $70
Your silver is worth $70
This is how markets work
If you can't sell at X then it isn't priced at X
Yea you are basically saying you will have to sell 30% below spot.
Its fine if you bought it below 50
But this is all hypothetically based on the price of silver going to the moon.
Nobody sells their silver that far below spot.
>gold and silver
it was the original fiat currency,Invented so that a tax collector could hold the value of a goat without actually having to explain to his wife why there is an animal in their hut eating one of her robes.
If you think S will HTF then you should anticipate how S may HTF. If you expect society to collapse then you may want firearms and potable water.
If you think the stock market will have a catastrophic crash but industry and society will go on then Gold/silver may be a good bet.
If you really want to become a god among the SHTF world, then spend that 3k and invest it into educating yourself, learn trades like plumbing, machinery maintenance and repair, electrical work and engineering while they can be easily learned. These things will never lose their value in your lifetime and have practical applications in both the world as it is now and the dystopian horror that you fear that it may become. Laugh at the man who pays you an ounce of gold because his wife refuses to fuck him until the toilet stops gurgling up sewage.
do retards really think in case of a collapse people are going to be civil?
If someone sees you with precious metals they will either kill you or abduct your ass
You want weapons
Ignore these other retards.
Buy junk silver coins, NEVER NEW STUFF. People who buy eagles almost never profit Australian pre decimal. Find out locally what the bid ask price is and buy at the bid price from a private party. In the USA they sell $1000 face value bags and the prices are listed daily in the WSJ. There is always arbitrage between silver price and junk silver price In times where prices are falling you can get a really good deal because most small holders are idiots. By careful purchasing you can make a 5 -20% profit when buying. Go visit coin dealers they should have a price they sell for 10x face 15 x face etc. As times get harder there kids are stealing their parents coins and unemployed people are selling. Profit from them
Buy lots of AR15s, Buy lots of 5.56 Ammo
Here is why.
Scenario 1: SHTF
You are strapped with the most commonly found semiautomatic rifle in the US. Everyone wants one, and there are few left to be sold. You can trade for literally anything you want. Ammo will become increasingly scarce. It will only appreciate until new ammo factories are set up.
You can secure yourself, create a small group of men to defend a region, and be a small warlord. kill, trade, and/ loot everything you need! Hell! Even start a new Islam! You can be the prophet Anon!
Scenario 2: Shit doesnt hit the fan.
As time progresses, fire arms are becoming increasingly difficult to acquire. More bans, more restrictions, over time. From state to federal level. So far, weapons already owned have been grandfathered in. I would assume this will hold for enough time for this to work. (worst case you just have them all "stolen" if confiscation comes into play)
After the next 'Assault weapon" ban. You can sell your rifles at 5x-10x what you paid for them.
Ammo becomes more regulated? Good news, you have tons of the old good shit in the basement.
You're absolutely retarded.
If we're in a global economic calamity such that you plan to make a living with silver ingots, you've got much more serious problems than the questionable liquidity of your metal. You're probably going to sooner die of hunger, exposure or violence if it gets that bad.
>Ammo will become increasingly scarce. It will only appreciate until new ammo factories are set up.
There are these things called reloading benches and most big gun enthusiasts have them. Smokless powder is cheap, it is easy to cast lead bullets, and brass cases can be reloaded multiple times.
>As time progresses, fire arms are becoming increasingly difficult to acquire. More bans, more restrictions, over time.
The AWB expired about 10 years back. There have been dozens to attempts to bring it back and they have all been shot down. The rules Obama used executive action on do nothing to make it harder to get a gun. ARs and guns in general are not going anywhere.
The best STHF investment is tools, particularly anything related to machining metal parts, and the skills to use them. People will need spare parts and you will be a god if you have the tools and know-how to make them. Old school machining skills are a dying art thanks to CNC.